jj &VENING Ml)OlSR-PHILADELPmA, FRIiaY, SEPTEMBER 15, 191 j FINANCIAL NBWQ ,ff?"RT.Tr "mTWAXTTk ADOnBDO Att arvrmra lifW - v xsjui.uxaTaU.-'i.LS XXLk?Vyj.V.jL0 XVUXJ OIUUXVQ LrJ vx-r -- f . VUIjU iSX aitf IJNTEKESTS IN NEW YORK Oommieeion Houses Exert All Influence They Can in In ducing Customers to Sell Long Account and Restrict New Purchases High Points in Today's Financial News Stock market continued ttrong and active. Cotton prices lower and fram better. Foreign exchange market irregular. Monty rates unchanged. JsW York banks gained more than $21,000,000 in week on currency move ment Prico of bar silver lower in New 1 orfc and London. Prairie Pipe Lw declared extra dividend of five per cent. United States foreign trade Inoreastd nearly a billion and a naif in icven months. IS r NEW YOIUC. Sept 15. mock market operations during the day acaln consisted of aelllnjr In large Moett tiy the important Interests, with the public demand nhowlnfr a pronounced continually absorbing the supply. Vigorous advances wero made In Issues while this heavy proflMnktno; was In prvKtoss. Commission houses ertd all the Influence they could In Inducing customers to soil long stocks and ' restricting purchases for new accounts, but In spite of these efforts and this reeJUlng the market tone held strong and the Important movements of the day wajrej to new high records. Most Importance; Bhould be attachod to the Increased activities and strength the railway stocks. Union Pacific crossed 145, passing Its high record for tho year of 1434, made In May, and selling at the hlghost prlco touched since the Beuthern Pacific distribution. ' This waa significant of an exhaustion of foreign offerings, which hnvo here tofera checked displays of strength In this stock and other Important railway Issues. New York Central was vigorously bought all through the day, advancing t about 2 points, and pronounced strength was shown In Krle and many of the railway shares. The copper stocks were also In larger demand than for many months past, with Anaconda at last crossing 91, breaking through the largo amount of stock '-en standing; selling orders Just abovo 90. Wide movements were recorded In many of the specialties. Industrial Alcohol moved up from 127 to 132 and then loot nearly all this gain. The greatest absorptive power was shown In Unltod States Steel common, which, In spite of heavy realizing-, again moved up from 10574 to Its high record et 107. Railway Bteol Springs was the most active of the minor steel Industrials, advancing nearly 5 points to C6i. hut It lost part of this gain on a late reaction. I Col Mil A St r pf laij, 124J4 fi Bankers Are Apprehensive-, Over Influx of European Gold NEW YORK, Bept. IS. Prominent bankers are becoming slightly apprehensive ever the continued Influx of cold from Europe, and tho feeling Is growing that , tfeero should be a unity of effort tp provent further extensive shipments. It Is 'fully realised that the Allied Interest will be compelled to make heavy purchases of American products in the future, which necessitates tho provision of funds to meet such obligations. It is maintained, however, that this should be accom plished through a medium other than additional cold shipments. The suggestion to made that further loans to Qreat Britain, Franco and Russia should be ncgo- ' Mated and receive prompt and substantial support from tho American public, which is realising liberal benefits from the large international business now being transacted. Since the beginning of the European war J. P. Morgan & Co. alone feavo Imported from Europe more than $505,000,000 of gold. With the provisions et the Federal reserve act in force, as they now are, this means tha creation of a, basis for credits of more than $6,000,000,000. Banks Gain $24,019,761 on Currency Movement NEW YORK, Sept. IB. It la significant this week that an apparent gain of , 124,019,761 by tho clearing house banks li coincident with a loss of about $23,000,- W(J by the New York Federal Reserve Bank for tha week at tho Clearing House. The previous week the Federal Reserve Bank of this city had a credit for the week at the Clearing: House of more than $20,000,000 and this was reflected in a las In cash by the local banks a week ago of about $22,000,000. Tho known move ments of money for the week ended with the close of business on Thursday Indi cate a net gain In cash from the country of $2,008,761 and a gain from tha Bubtreasury of $22,011,000. The gain from the Subtreasury was largely due to the gold importations from Canada, part of which was retranaferred to Phllu .t eJelphla. The banks received gross by direct express from the country $6,104,018 ' '.and shipped $4.0$5,g57. MIDVALE STEEL AGAIN LEADS CURB TRADING ,! j Many Stocks Are in Good De v, mand Motor Issues Gen erally Weak r NEW YORK. Sept. 15. Trading on the Broad Street Curb was much of the same character as it was on the Stock Exchanee. There was selling of large bloc, at inter vals during the day by Interests supposed te be Identified with corporation manage (sent, but the supply was balanced by a bread general demand with the public buy-h-stocks, which seemed to outsiders to be at low levels and have good merit. There wad heavy trading again In Mid. vale Steel, which, after reacting from 71 U to 70, rallied to 72S. Hall Signal moved up 1 point to II and American Interna ' tteeal Corporation was tra-le-' in from It to .Mtt. Charcoal Iron common and preferred was In good demand with sales of the smon stock at ( and Hi, It Is Intended to recognise at the Oc- ,r (ever meeting the rights of the common Maek to participation In the heavy earnings iivnttfc the declaration of a 1$ per cent stock eHvMenda. after a small accumulation of ' Wterred dividends has been disposed of. The earnings of the company are running ,t the rate of 40 per cent per annum on tttt common stock. S Motor stock;- were' generally weak, with I VRMtd Motors declining from 6 to 68 Vi. Oinsral Motors new stock, when Issued, , WW all opened at 10 declined to 1(0, and Vteivrolet yielded from 21GH to 212. Metropolitan Petroleum was the strong 3 est" of the Independent oil stocks, selling ; ftt 1H and ITt. N'plMlcg, which was the strongest of Mm mining stocks yesterday, opened at 8 a declined to U. 1 Aetna Explosives sold at 10 U and 10, f marine at SIU to IB and American Writing Taper at lA to 5U. INDUSTRIALS JIM. BicImIvw ......,,,.,.,... 10 t Ufsr ................... 16 Marconi .,, sH aJlan CirCo SO . Car A r ft .... 60 t Motor. JkaroMsne nwMiritt Harb.r Ca Mil on Brans pre . ........i,.. e ....,..,,.. .,,. ... .. i ........... HU 41 MUQlltOfin ...Am. .......... ettan Tress ,,. vel mel .,,,, .....,.. .. eTir , ...,. Uo Meter .., 1 P.'? iMiiiii i Mor ................ QM Motors a,.,.,,,,.,... 4SH 1 ..,. .. Jjt t IMA ! M lU.t''',"'"',t"t'Ht e,N , STANDARD Olli STOCKS Xliiattitterliitatiin .IKS SKI flAAa dhAaa .mMm WT 9ssT B OTHBR OIL STOCKS Askrd. 10Vi 30 f 214 SB 43H n J 2t IX1 V 41' 81 OIj l9n 'H900K8 L e?W M!? f J"'"M.MrJH'M "fftfJja. ffVsMeffTt t- t 4 t , fajaaaj '" ' c ?' ....- ! ) 13! Jv Pt S s, 1 New York Bond Sales Atcnlaon sen 4i ..... V" U'l. .. "i" ov4 J8"0 ....104U 1U1 4 1U1U Halt a Ohio 8tt a .... iSJH H Vt w , .,,.,.,,.. .4WU 4UU Itt 1600 AJums Expri 4a . lJTUUO Anlo-Frncli 3i ... VMW Amtr Hide t L Hi,, ioo Am.r-Kor Bee e.... SOW) Amtr Smelt Seo . lwoo Araar Tel cvt 4Wa.. 13IXIU Armnup fn lU. ..,...,. ..it:!-- "-. -.'- fvwi AICI1II 1UVUU KVUO lvuuo 1 SOOO do 4a 160OO do cv 4H luoo Uio P LKaWV 4a.. BUIHJ lllh Mt-l 1-t m 1I1J 1S000 da rM Sa !"!looi soou IJrook hlti IBls.XltH)! BOOO do 1M1 .......I.. V 1U0OU Cal flua A KIm. Ka. . uu 8000 ut Lealh lat Ba...,lU2S -S82S ?rw Copper 7a..... in 20000 Chei s Ohio cv 4Ua.. B4 iooo do 4H ...;; MH 44000 da cv 0. .II.MJI 5jS loooo chi at we.t 4...:::; ii 13UOO Chi 11 q joint 4el" 5 Bouo Chi Ind Win 4i TttK 4000 C M A fit P SVia. :. bu bouo do d v 4 ..,.:;;" ssh iwo do cp o. . :: lug 1K00O do cv 4tta ..riilliSoH 2S000 do rfj 4 ......... 7ii jooo Ci,v 8J Uni 4lia . . uoJ 1$. K luairUI 0a S2 (000 Co i Bouth m..,.. ssti Jwg Dap i nio dr'4.;:.' VVVV uo wa a . 1000 Erie) n 4a BOOO da rv Am U.a A fn 34000 do cv 4i Hr 11..!!! ? So ev 4a r D.,., ho a nrlnr Am m ??.. E"' Co'iwa;; ou Stldeb4Ue.....:: W1T4 Cantral rfa 4a ins9 mA Intirb &fat iUa 7RU Jnt.rb it t raf it .... OT Inter 41 War ct 4H..10 UV1DI . 11741 IM)0 JiiV. .""" l.iiT 4000 6a 4Vta .; ; 87 .VX J-??fff 2! S" 'Ks-. ,vw ,aii.a. oil ,a ivou Illth. I.OW. 83 8S 031, VSH 104 lOulk 08'-. U8 lllta lli'i 110 i U3(i IWi va Close, fa 104 0 1UH 11U' 4ya a l'0)i oj 05H lu5. a.... 77W 77U 71U 7l3 I 00 71',! 70 "I.. IP OlTi 88 78JJ 07H 100 n O00 Luka Wl U.h uu iooo A AS T 1 BSl 100 4000 2000 1O0O !h U luill k ll'A W4U ' 0a 102 lull lulft la lOlil 101 lot i i !. nu va mi v Mo Kan A T 1st i:. 7 7B Mo Pa vr 1 4a tljJ S4(i uo VI a ..,,, ... an (000 I-orlilard Da V0O0 Itanhattiill Hta 4a kU 7 b4 an 1, ' Cs ..,,,.. 48 48 48 ar ct '17.1(10 Inn inn 1U2I1 rnl rt.. LAU urU i,..t 2000 Mint Pooar IU...T. UU ml' T.V wiho n.t o.a 1! ,.. .'liiH naff nag 82., Hi i2 do cv ct do col ns do Da 1000 do leooo TOOO do 4a ,,,, uoH Sou qo con 4 ,.,, 82V 8i; A.. 'liii .Yi iijr ivoi oooo do M 1600 NY Cll 2000 do 4a IVfiS 4006 do 4s 1060 1000 IOOO da 4 do 4 . 4' V u iSti 1804 May r as.. . I oi ,St 01 101 '' 8!!r a "::,!liiJ M 1888 m? ?h vwt: . JW BoOo N hwr adj Bs.:;.. IS" 04 2TO00 N Y Tal sen4Hs.;:: h 01 TU00 N Y W C A 11 iVTs " 72 ?i itntZ 6t4 A W H A N 4: 88V4 H31, 'WRrA ItoeO Or Shart Li ? ' ' a Waat . O) pe prior 4...., l rar a. . vsi II li na ......... mi .ill KlO hnna en 4Ua ... . ' inlt! IX 8SM Ln"PJ.4.ill-. .. 4 Tors "ibvijs-:: nan n.,. t a u n. ' " hZIf iimo ny nil Bpaa ns ifti T 181 Sot a "4 U 10414 n bo 7a DTK 73 v!S s "! aj w fttMIO Ht I. a SWM MaaUara A li 4) C,. 1000 South fae 4e ' 4000 do ev 4a 4a er.rct t p Bs. do rM 4 Siooo South ltwy twi 4a-,., 70 ajooo aouth Hwr cop? .,Jfll iMJ eon C ret full p. ua 'iaa Co cv 6.., , .Jul uifu an i( oa. 111 loJvi i Aa 17 eat K A M Ra 1rt ... ? nr . ' --..if" neat union aa,,. 101 0St OHVj ugll i n vn K 74 U7U W i 8SH .St! 8SH SS'Z Mt! KS .MS ' 04W 1I14U 104 kQlT hull &tf K 1SE 1 ,a in.ro bo I .si ns !5!h !h Sugar Future NKW TORK. Kpt. 1J. The market for war (rtur thla 'mornlflg opened quiet, but stMay, with first prices showing an awosiisa of 1 to 2 points. Bales on the call wM 44t) tons. 8tlint seemed in h. ,mm ex jew VWM444U4 due t tlM Irregular 14 aiLnw was qvoUd la kfi ff " iVeoj I'orfc aSfecfc Safc8 lAit closa. Hlth. Iow. Close. MM A7H 07( 57M 03 mi 34). lfi)i 7lt 27H Hilt 1011 I'll, (W!i (17 Ml, H G2 2l 24U 80,' Acme lc... Arms Tea pt W1H Aar iiurselr 17 Ad KumelT pf. 34 Alula Itott M. int. AlMkl ) lioM &l., 7U AUIt-Cbtlmrrf Mfr MU Am A IVmlraJ 81( Am At L'hMi pt ...102 Asi llci'l fujsr. (it Am Can otK Ara Cat & P.ly. 04 Am Colton Oil...,, 54'1 Am Opretj 125 Ara Hide a ltiher 111. Am Hide & L, pi.. 03' i Am Ice rVKurltloa. 2!) Am Mnmol 'JU, Am lx-omi!lT so a Am Locomotlre pf 1(XJ.'108U 100!. 10Aa Am Hmei . ilol 1U7M 1) 101 in). Am Smelt pf D... 89 80 8(1 8d Am Mtel Kouilrloi CUU Wi MU 80 H Ara Sueat Kef mine. ,...lu m Uu)i lit AraTel&Tol I32U 13i taiH I31J4 Am Totiaroo..... 22Ui 222H 22 223 Am Woolen 40! 4'Ji 4U)J 41)14 Am Wtltlne 1' pf........ Ul 32 Ill't 32 Am Zinc L Sin 3'JH 40 40 40 Am LAS pi 77 57 77 77 Anaconda Con il. ...... 89)1 Ul 89!1 00'i 04 17'l iy. 71. 20H Wl'l IU1H 1)4 0t)l CO'i A5 125 im 01 28)1 21 80! I 93 17H 34M 14 7H IU IM ion, H4 ) I C,!M 00), BOH 125 11U 01) 28 2( 80J 01 03S 00 100 sni . 73), All Coat Mne Alcn Top JjC,, Atl (lull A W I Atl U & W 1 p(. IlnlJ Iica Wit Hal J Loco WkJ pL. Halt &()Mo. Dalt A Ohio pf Darrett Co... Htookljn (tap Tr.., Drown sboe Unttetlck Co Uutte A Suporljr... Cat Petroleum , Cal Petroleum uf 4914 Canadian l'aciric. ...... .178 Central Leather 62)i Central Leather pf 114.lt Chos A Oslo 02 Chi Ureat West pt. 30 Chi Mil A cit Paul 03M 112), MM U2K 1UH 101 I0i, !())( WVi 02 Ul 01 07H 071. 071, 01J. 00 00! 108H 100JJ 100H 87!i fOJJ 87J. S3H 07 28i 70 23 J 131'. 81,'i 07 2SM 73)4 22 49). 173 03'4 114 6i'i 03)i TJ 73 101'i 131H 8L'i 81,'i 07 2-JJi 73 211 4S)J Chi It I APao 17 Chile Copper 10H CMnc4xippsr MU Col Fuel A Iron 53 U Col A Southern 30 Compt T Rec Co 1 Continental Can 102 Continental Can p( 110 Consolidated Uas 138 Corn Products Kef. Corn Prod lief pi Crucible Meet Crucible Steel pf Cuba Cane bugar Oiba Cano fcujar p. . Deere A Co pf Den A Rio Or pf DUUllScc Corp'o D rljcSeabu ry ....... . dec Storase Bat Krte Krle lit pf. mi 02 Vil MM 01)1 viK ,U0)i 117 . 6S) JUli ..Wi 04 . 01 90 . 36 84'. . 47M 4SK . U2 107 . C714 684 . B7H 3S MU M 07 23) i 72 ) SIM 4S)4 I77;t 177JI 02M 03 )i lit 111 02M 63M Mii 33'i 0J4 93H I2l' l'.'l'. 17 17)J Wl 10!t 34 !i 54 M S3U Mil 31 31 43 45 105M 10-.'?i 105M 110)4 110)4 110M 138 138 13 10i 91Vt 0J4 117 08 04 00 34M 47M UH 10M 54M 31 45 I6M 01!( OUi 117 48!. 04 00 34 J,' 4S. 05i 107 0SH 8SM 3791 3SU 63 54 Krl0 2Jpf 44 44U 44U 4-1!. KodMlnASmpf 4SM 47) a 46) i 40)1 (lea Chemical 315 300 300 3'tS Uenera. lloton 750 747)4 740 745 General Motor, pi 127 120)4 lO'i VMH Ooodrtch B V 71M 724 72M 72)f aranbr Consol 87!i 88 Si 88 Great Northern pf UOH 117M 110U 117). U w Cl wr ore prop.... 42 43 42H 43 COM CO CO 60 93)4 00M Oil 00M 08 6S)a 08 08 101M 102M 101M 102 01). 01H U1M C1M 10 COM 110 10 Qreene-Cananea Oull States Steel.... (jull Statej 3 2d pf. llllnoU Cent Imp Con Cop Int Airlcultural lot Atrlcultural pf.., Int HarvN ) Inl Con Cop T to in., . 15 49)4 28 02U 45H 40M 121!4 124 25 80 54 85f Int Paper, Int Paper pf Int Nlclcel T t cis... Int M M c o. dp... Int 1 M pf of dp Kan City Southern., Kelly Sprint: Tire... Kennecotl Copper.., Lack Steel Co Let Rubber Tiro 48 LeMeh Valley SOU Louis A Naih 129 Manhat Eler std 128 Mai Tin, Motors t..i h-Mi Max Motors lit pf S6) Max Motors 2d pf 55M May uept stores 01 Mexican Petroleum.... Minn St P A SSM.. 15)i 49)4 110M 110 KM ID 28 04X 46 COM 15 40M 116 10M 27M 03). 45!4 40M Miami Copper..... 37 Missouri Pacific 4 MoPactrcu 4M Mo Pac w 1 22)f 35 02M 45M 40 122)4" 123 25 25 801 82 M). 52M 85)4 85M 48M 48)4 SOU 80)1 129), 120 120M 130M 130lf 1.0)4 bOM 8)i 80 851. S5)t 85)4 50 55 55M 01 01 61 U3M 115 113 113)1- rjm 121H 121H 121U 23 82)4 62)4 85)f 48 t t05X Mo Kan & Texas.,.. Nat Cloak A Suit.... Nat Cnam ot 0 Co..,.. Nat Lead Co Not Con Cop New York Air Drake .. New York Central N Y N II A H N 1 0 4. West New York Dock Norfolk a Western..,,. Norfolk A West pf Northern Pacific Ontario Stiver Mia 4M 83M 28H 71M .'.'It 69)4 2711 . i:). .130 .-80)4 .110 . 7 Pacific Mall , 2SM Pacific Tel A Tel 30 Penu Railroad 55M People's CJ as Chi 10lh Pltu Coal CoN i 31M rati Coal 0 of dp 31M Pressed 8 Car Co 68)4 ruD 0 corp-a N 1 Pullman Co 37)4 37)4 37)4 4 4 4 4 4 4 22! 22M 22M 4 4 4 81 HI 84 20 20 20 72 71M 72 22)4 2131 22). 142M 141). 142 142 1O0 108M 10UM 108)4 COM 09M GOM 27M 27)4 87M 15 14)4 13 131)4 111) 131)4 80 85). 85)4 112)4 110)4 112). 7 7 29 29 30 37'i- 37 37M 60 55)4 60 102M lOlU 102M 32)4 32)4 32)4 113 32 824 COM 69 COM 133)4 133)1 133)4 133)1 ....105 167 100 107 qulCaillTar 3f 4 3!X 4 liybte.8pCo 51M COM 62 J6 Ry Steel Sp Co pf 100H 101 101 101 Kay Con Copper 25!, 25)4 .44 lbl Reading im. 1131. U2H 113 Republic Iron A 8 CS 69 07 07 Republic iron A 8 pf ..110)4 110M U0)i 110H Saxon Motor Car 8 J 77 80 bhat Am Cop 30 30M 30)4 30M oeaooaru Air i.ino id la 13 Sears, Roe A Co 210 211)4 211 aioss-Shef S A l 00)4 CO 59). utn i-orvo n Busar . .188)4 ISO Southern Pacific... VOW 10014 Southern Ry ,24 24)4 Soutnern Ry pf, btudehaaer Co., lean Copper 26)4 26M 20 lexu Co 204)4 204)4 203 15 ill 60 180 180 OJ 100M 24)4 24M 1 a j ... 07)4 08 131)4 131)4 129)4 131 20 Texas Pacific 11 I opacco Products CO Union Ua; A Paper.,., 0)4 Union Uaj A P pf 58)4 United Krult 102 Union Paclllc ui United Rys Inr Co 8 b iI i a K 2j)4 US Oil' APpf 64 o a Ind Alcohol 128 00 itubber fig). 20 IM 11 MM H S7M 101 11)4 11 51M CO 10 0)4 C7M 67M 102)4 161 140)4 M3)( 140)4 O S H 23)t 2J)( 33M 54)4 M)i 54M 132 127 130)4 OU OU!( 00 U a Rubber lit pf 113)4 114 113)4 114 uoaruiiaM jjh 77 77 77 U S Steel Corp'n 100)4 107 105)4 10SM o 0 bteel Corp'n pf,.,, 110)4 120)4 120 UOM -uiau WVUHOI ...03J BOH OO't mm cwcurmai, ........ iu)i Va-CaroCbero 43)4 Va Iron, Coal 40 ,50 Wabash , J3M Wabash pf A 60 Weiurirto Exp 121)4 Wel Unoa W 07M Wen K AM 63M Wrslrrn Maryland ..... iM)4 Wheel A L 8 24 pf 6 WUlra Orenaud 47M WUIyt Orerlaod W 104)4 Woolworth K W 13714 137 Worth Pump pf A WH 100 Quoted rx dividend, t 10M 1UM 45)4 44)4 87 67 14)4 13M 60. 60 I20M 125 UOM U7)( 61)4 03)4 20M 23)4 6 6 45)4 44)4 85)4 1UM 45 67 14)4 120)4 V0)( 04)4 20)4 S 4514 lull, JiHU 137 137 10Q 100 GOVERNMENT BONDS Sa rtrtat.rad lOSn Uu'f A- Va coupon 100 ....,,,,,,,,,,,,, kit a r(i.t.red i iB ..:.'::,,:::::::::ioo' .VUMIU ,0 a a raaiat raalatsrwd 4a coupon 1V2& 1'a ?0v ? . ... 100 :.'.:'' Jiii i.io, n.ma 2m rairlatarwrf lOSA uall do 2a r.al.l.r.d lttHK . ' oil.' uu si iHi.ifr.ii ao i do Sa realstarad luld ...... ...lul Sa reslatered 100 amail banda.lO) Va raslatsrad 1661 lul Sa coupon ....,.....,,,..., .101 1 DIVIDENDS DECLARED Columbua Hallway Powar and Llsht ConMsr. rasulsr uuarlarly of 1 par c.nt upoo vttktiU Mock, sarle A. pay all. Octoiiari! to Vtlal. Mra or raM4 8wtamUr IS. Ctwcks wllTE Utanwtional iUrvaatar Coaajaoj- of Nw jc. Wheat ends firmer in erratic market Covering by Shorts. Strength in Cash Article nnd Heavy Ex port Stiles Boost Prices grain nti.T tTrATiirn conditions CirtCAIlO, Bent. IS. The weather lore- t fr lhirtraia imtira rnuowa llllnAl -Fair anil probahlr lliht front " ." nnd rantlnned real tenlatitl in noiiom tana, norm ami HHl.ali ala..Jd niiaaniirii a;r ami rooi loniaiiii prwuuir fair nnd warmer. I nrt and weati Merit frat batlnm lands north (stnrdar, ralr and warmer. Wlaeonaln 1 tr lonlilil arltb. .frosti warmer nsrlli and nr.lt Pnturd.r. fair and warmer. lawa Fair tonlstit, fra.lt warmer wa.lt rb: and toraarraw. Aatardar, i , .. ii... r. inrrvawn. r dwhit. N.rth bakala and Montaii. w.mw. Pair tanlsht .brn.ka and Kansas Fair toatsbt. fal. lawad br loeraaalnc elotidtJirma tasnrrw alawlr rl.los tsmparatwr. CHICAaO. Sept. IB Th wheat market today was sn erratic affair, but It closed firmer on corerlrut by shorts, strength. In tha cash article nnd sales of about 40.000 bushels for export. Outslrto Interest was smaller and It was sucscsteJ that many holders had become tired and let bo ot their lines for tha purpose, of tuklns n hand In the bin Dull speculation In stocks at New York. In tho early dealings covering strength ened prices and there alim was some, buying throuKh commission houses, but because of n lack of support the martlet turner! weak. Later there was an Improvement Clearances of wheat and flour from tho Cnlted .States for this week amounted to D, 805.007 bushel., against 7.440,740 bushels u year nco: for the scanon they amount 'to 89,884,592 bunhels, compared with 60,. 013,861 bushels last year. Uxports from Argentina for the week were 840.000 bunhels and from Australia about 875,000 bushels. The Modern Miller reported a rapid en largement of plowing In the soft winter wheat HtatoB. There Is not a uniform tils, trlbutlon of good seed wheat and late seed ln this year will bo a factor to offset the present Indications of below normal acre age. Tho movement of wheat Is checkod by a scarcity of cars. Heavy purchases ot coast wheat have been mado for tha Mid dle States. Owing to tho break here, the market at Liverpool was easy. The demand from millers there was small because ot the strike ot mill hands. Offerings from Ar gentina were freer and a docllno of 2s (d occurred In freight' rates In tho country, to 142s Cd. t.nnllnu future rani.4 sa follow. Wheat Open. Illsh. D.C.... 1.4' i.tW May... 1.10. l.BOft (Vim InM. H.llVMPVL VW... ...- -. ..."., Low. 1.47 1.47 1.47 Noon. tl.45 Tea'day' sn 72 '4 Rapt. ItC. . .. alar... oat Sept.-. DM.... May. . . i-aru Sapt... 14.60 Oct.... 14. 4T Dm.... 13. B0 itioa rl.pt.. 14.67 Oct .. 14.33 Jan.... 12.S3 rorK Stst... 27. 0 Oct.... 26.10 IXC... 28.60 ma. TAiiua. !i 7S. CIO... tl,44 1.48 1.4fVk 1.49)4 1.494 sn S05 BO'4 so 72'i 71 71 71 7o 74H 70". T7454 45 43 , 44ti t44J4 UH 47 474 404 47 '4614 SOU BOH 45tl BOH tBO 14. CO 14.43 14.47 414.8 14.47 14,40 14.42 14.80 13.00 1S.I7 13 VO 18:82 14.72 ' 14.0T aM.70 14.0? 14.S3 14.25 14.83 14.22 12.72 12.70 12.70 12.70 12T.0J 20.HO 2.0 28.78 'gj-eo 2R.03 28 SO 39.BO 20.83 FinencialJBriefti Tho directors ot the Page Dctrott Motor Company are expected to meet in Detroit In a few days to recommend to the stock holders the sale of U, 800,000 preferred stock. The proceeds are to ba used to enlarge the company's plant so as to enable It to manufacture Its own motors and all steel parts. A Chicago Board of Trade membership has been sold for 16000, an advance ot 8300 over the last salo. The New York Bubtreasury gained 1134, 000 from the banks on Thursday, reducing cash net loss since Friday to $22,011,000. The New York Stock Exchange has ad mltted to dealings the capital stock ot the Saxon Motor Car Corporation. Its abbrevia tion will be "SN." The Barrett Company's preferred and common stocks also have been admitted to dealings on th exchange. Their abbreviation will be "BY." The pre ferred and common stocks of tho American Coal Products Company have been removed from the list. The New York City naflwaya report for June earnings of all underground, surfac and elevated roads, Including the Hudson and Manhattan, but exclusive et four small companies, shows a total operating revenue of 48,616.801, an Increase ot (888,303 over June, 191B. The net Increased (964,762 to (S.800,932. The total operating revenue ot 166 steam railroads for the month of July wa (2(8,795, 6T4, an Increase ot (43,849,063 over the same month last year. Net rev enue Increased (18,640,601, to 1101, 888, 93L A. I Humphrey, vice president and gen eral manager ot the Westlnghouss Air Drake Company, has been elected a mem ber of the board of directors and executive committee of tho Union Switch snd Signal Company. There win be no meeting of the directors of the Crucible Steel Company In Pitts, burgh today. The board Is scheduled to meet on Monday.. BANK CLEARINGS rlaarlnc todar compared with Hani, rlaarlnra todar miiimmI : 'jiz m... -. ..z:. --.--..- BuunuiiiK di, laai iwu icin . mo. tots. rniiaaeipnia..4.w rt.w xctk ..oof, llo.ton . .... 82, Chltaso .... 84, 101II. 1015. 1914 4.sU8.376 !3.707,B74 $227(i4fl "M a'aiTiM S'0.34 IMOf.BOj U.517i9a . .., Income Tax Chart Tho new Income Tax law introduce important in creases in taxei levied upon the income of Individuals. For the information of tho so subject to tax we have prepared a. chart comparing old and new tax rates and ahowinc the amounts col lected upon income ranging from (3,000 to $3,000,000. Band fer Chart 1'EJl TheNationalCity Company 1421 Chctnut St., PMUdcIphU Now York Boston Drill Electric Stoma) Qneral Aftphalt . tlO DrI . . a . aa.a ... KtMitone Tel .... no t o do pfil ......... Lake Hun Corn I'laoJilfch Nnv , ., Lniffn vfti ., U)hlli Val Tr ....... dO pfd !. Panniylvftnla .. i Phi la Klfctrlc ....... Phi la. Co do 6 por cni prf oo v ptr cent prtf. Phlla Rap Tran t c. TlAadlnr aa. ...... Ton H1 . .4 -..e.a. Ton Mln .... M. -i Un Trao ... -...... IT a I ............ 17 a SUel .......... York Kwy , do pmi ......... Wm Cramp t o . isx-amd-Mio. RlAZIERcvGi INVESTMENT BANKERS Broad and Sanaom fits. -4- Corporationa Organized U. S. IiwwBdratirig C, KANC'K BI)1IJ1K, fHtLADMLV mKAHVK rMILABHLrHlaU tminKnQmWUmw ...l"Jti? a .JiislWj fllr3ieSl Sales in PhiUtdelplda "1 a ia eH aa 10 lllah. 80 Am Can.. V IM Am Itya pt t 10 Anaco Cop 1 70 B A 8 t c BK 80 B A O... si Brin J a. ICTrNJ 1408 EIo Stor 304 Crle. .... 1 On Asph. 48 Ino Co N A 1U 17088 Mc Sup .1, 1814 100 Lh Val . 80H 80 N Y OliVT 7 871 Panns, 11 It Sft 14 Fa Salt M BB 80 I'hlla Co cum pf. 41 1220 Thlla dec U 44S TRT tr cfs JO . sis Ilsadlne., 80 Ton lil. 4tc 80 Union racl4SV4 180 Un Tract.. 4v 8 Un a Imp 8 18 Un C N J.X84 8480 U S Stool. 10094 80 Utnh Cop 864 80 West K10 04 11 W J A 8. B0V4 t Wosttnor C 71 800 York ltwy 13V4 Ex dividend OH 04 (OK 81 V 88 88H IS 8 - i T4t 1U 18 son 87 88 ft 80 40K t 1184 lltH 4M 114 Vi 48 884 884 108 88T1. 84 80H 11 13 an CIm. cluta. V H 4 1 tl H BtS 1H 8 1H 38H H It 1 8',4 W 10 ,, ,, 7V 184i "4 80H M. 87 - BA 1 DO 41 1 18 Vi 30 H lltH Vi 4Vi - 14SU Vi 41 84 Va 1 -i 108 88 et Vi sou i 11 l isy. V nONDS. lllah. Low. 83000 Am O A IC1 I .. 08 2000 Int tty 4a A7 3000 K T 'st Bs 01i 1000 LU S I nc t.38V 2000 Loh V gen 4s rut.. 80 2000 do con 4 Ha 2003 007a 1000 Ta Co cona 4!s ...104M 0000 Un Ilwy Inv 5s.. 88 ClOM. 08 Bl 07 ; say. 80 8"4 Nat chse. V4 08 B7 t)1 V LAKE SUPERIOR IS MOST ACTIVE HERB AND ADVANCES TO TOP MARK FOR YEAR I No News to Account for Strength and Activity of Stodr i . ... . - t nM...J rpfcof PiiilafiolnMa Will n.i Due upinion ib vtiuwin a..-.-.t.aa ,T1.. uec More Representation on Board Three stocks lk Superior, Electtto Storaxo Battery and Insurant Company of North America established new high records for th year In tradlnar on the Philadelphia Stcck Kichana-e- today. Most Interest waa attached to Superior, which rose more than a point above tho close ot ystrday, with more than 13.000 aharea changlna hands by S o'clock. 8torao roi m and th Insurance stock a a-ood-slied fraction. ... Nothing mor than tho understanding that the company's buslneas la good cam forth as tha reason for the buying ot Su perior, which was th mot active hi th trading, replacing United States Steel com mon as the leader. The opinion la growing In tb ., .r " at the company' annual m4Bii nrst part ot October Phlladslpbia wui additional representation on .k- v." 94 director. Thl ctty Is really enSE J more rapreaantatlon. In vtew of UMMalJ 1 nn mm uuiuinaa nan nvn baan wl; greatly lnorasd sine tha tart o Kuropean war. uk" W tka, Whll United State Steel common saw a half during tha morning, thi. .Jr compllshed on th turnover ot cnl a UhL i more than 1300 shares. PennavWati? "4 , road gained a fraction early, but Inlt uT bfor midday. Mladelphla CaSal. cumulative preferred sold up a fuu L? Philadelphia rtapld Transit trust certlaaZ rose slightly, while Union Traction waTa!1 charsed. SSVi 89 1 B1 104 104H M 84 84 1H Local Bid and Asked nid. rtal.lwln UOH nun: ana uusq i c. no pror 111 1 O r2 . rit . 37 . HNV4 . 211 S . enii . 13 . 18 . BH . 1SU 70 . SO . 20K 4.1 . mi . vs , 8 4 r.v . 44 '4 Xb . 87 . 83U Tixlnr . AsK.a vi A4 KB SSVi ll 30H 70 1S4 IMS 0 1K'4 -a fiO',4 iW MIW 80tt 5? 20H U4S S 4B h9 100 Vi 14 87 li 84 TStr8ay UIM, wo'i B?V4 lis 13 13 8 12V4 7fl n Is S0J4 4' Aakad. 01 r r.t 88 OS 80 70 18H 13V4 tlH 121 7' SOI ny. 8 lOU'.i 10I1U 13 18V 7 7H SSVi 83 LOCAL MINING STOCKS TONOPAJl STOCKS Jim nutlar lacNatnara ..., Midway ,. nipan nxtenaion , tontana ......... Kortharn Rtar .... Tonoaab, B.lmoot ., ronopan rixtrnaian Tonopah Ulnlns ,., nascua iouta , Weat Bud , 87 0.1 ..... .23 - &l .'..".' .'7 ..... BV 23 J33 OOLDFIELD 8TOCKS .....a...,..,.. .Ov u Did. Aaked. .sa .57 .2.1 Hlue Dull iiooth ,.,,....,........ Uulldmc lamblnattoti Fraction .... Dlamondfleld D B ............. Daisy Florence , Qoldfleld Consolidated ........... Jumbo Extension Kawanaa Oro .....f Hanasrorm Kandaii Bllver Pick MISCELLANEOUS NeraAa Hill Nevada Wondap .. T.coca Mlnloc .12 .01 .03 .0 .03 .02 .43 :I! .10 .04 .04 .20 . .24 .2.05 . .10 .24 .70 .10 .03 .14 .02 .04 .01 .03 .04 .SO .7 .44 .11 .OS .03 .21 .58 2.13 .12 Spot Wheat Eaay at Liverpool LIVERPOOL, Sept. 16. Spot wheat was easy today, with No. 1 Chicago quoted 14a 2V4d and No. I hard winter at 14s 2d. a decline of Jdj No, 1 Northern ManltolJa, 14s d. a loss ot 2Hd, and No. 2 Northern Manitoba. 14s 4d, a drop of 2d. No. 2 red winter was quoted at 14s 4d. The tock of No. 3 Northern Manitoba Is ex hausted. Corn was easy, with American mixed Id lower at 10s Bd, while Plato showed a loss of 2d at 10s 6d. Flour was Is lower at 51. G UARDS ST.r your wheels, tsars an Its and redue your coinpaa. tatlon tnauranra ratf.. .Einandad tlatal rarlorati Metal ITfra or 6et llatal OCT OITU ESTIMATE Bell JIarket 1083 Keystone Slain 2103 T. S. JOHNSON SONS CO. 1 CUEHRY at. FOREIGN EXCHANGE - NHW tOHK. Sept. 13. The market for foreign exchange on a moderate volume of business was Irregular In tho first hour of business today. None ot the changes wa of Importance. Sterling held steady at 4.75 H for demand and 4.78 7-18 for cables. Slight recessions from Thursday' final rates took place In French and Italian ex change while rubles, Scandinavian kroner and relchsmarks were slightly Lrmer. quotations were: lrano cable. 5.83, checks 5.85i: relchsmarks cables 6713-18, checks 9 ; lire cables 6.45. checks 6.45W : Swiss cables 8.32, check 0.324 : Vienna cables 12.03, checks 13.00; Scandinavian kroner cables 28.90, check 28.80 J pesetas cables 20.18, checks 20.13: guilder cables 40. checks 40: ruble cables SITi. checks 314. Long sterling was nominally unchanged at 4.714 for sixty-day bills and 4.63H for ninety-day bills. Around midday the market generally was Inactive without quotable change from the early rates with the exception ot French exchange and rubles. Tha last-mentioned Improved further to 31.90 for cables and 31.80 for checks. On the other hand, franc cables reacted to E.85V4 and chock to 5.S8U. A further advance In rubles In mid. afternoon was attributed to buying by a prominent financial Institution. Cables rose to 32.20 and chocks to 32.10. Sterling was fully steady at 4.754 for demand and 4.78 V4 for cables. French exchange con tinued rather heavy at 5.85 H for cabloa and 5.88 Vi for checks. The other markets wero very dull and lacked Interest RATES FOR MONEY Call. New Tork 2 08Vi rmudaiphu 4 Boston ...... 3 Chloaro 3V4 Ot Commercial papar. three to all months, i'nlla. dalphla, 414 4MY4 Per oant. 4Vi0S m Reserve Banks' Discount Rates 10 or Orr 10 Over 80 Over 00 noston ... New York .... Philadelphia .. Cleveland Richmond .... Atlanta Chicago Rt. I-oula .... Mlnneapolla ... Kanaas City. . balla saa Francisco. less, up to SO. up to tQ up to to. a 3Vi 4 J in 3 3 V, 4 4 4 4 4 3 V. 4 4 4 4 1 4 noston New York ., Philadelphia, Cleveland .. nichmond . , Atlanta .... Cblcaco , , . , St. Ixiul" .. Minneapolis Kansas City Dallaa San Francisco AsrlcuL Trad, acceptances. vu. up (o uu, up to "Vi 8 Over 00, .. 0 .. B .. 4V4 ':: U B .. r .. B .. B r, 4'4 its Ud to 30 dayat over so a nn ,w wv. 7i pr wiiti over avi svi 4 4 4(4 Com modity. 8V4 SVi a 8 SVi 4 rmt rAti.. AA B wr cant. NEW TORK COFFEE MARKET NEW TOIIK. Sept 15. The ooffe ma. ket opened steady, December sold at im. off 2 ; March at J.lJo. oft 3. and May tS oft 6. The lea on tho call wet Vh bags. i Today' openlnc. September . ,.,, October .,....,..,. .,',. Nor.mbr .,, ,,,,, .... l)eremb.r ........... 9.0080.00 ........ D.U3OU.10 .'!!!! !w b!22 0r.".i uly i ... 0.1860.80 January rabruary Marcb April ... May Taajerev, , itm 0.2rJi i S!li ' PubUc UliKty Securities as Bank Investments As 3o many individuals are influenced when selecting then securities by the way banks, invest, we have prepared a summary of the reasons why banks are now buying public utility securities so extensively. Write for a copy of this sun mary. .No, t J IM j , and a Im short term notes and ot bonds, preferred desirable vestors. stocks we consider for conscrviSJtye ' William P. Bonbriglit & Co., Inc. MUKUia 1VIHTAH BTKOUD. fr, Manarer, 437 'Chestnut St., Philadelphia New Vork Bes4n DatraM Leajea Irl William I', Bonbrlsht Co. Bonbrlxbt A C. Selected Securities OF Proved Merit Send for Circular MELLQR & PETRY Member. ktotf 830 COJOITRCIAI, tkcst uijxj. 16 SOUTH BROAD STREET Capital Surplus and $1,000,000 Undivided ProfiU $460,000 I YOU can judge our financial stability by the above figures, but the service that has been our foundation can only be appreciated by your personal contact with it. We invite your acquaintance with this institution. LOGAN TRUST QOMPANY OF PHILADELPHIA Temporary Location i S. W. Cor. Chestnut and 15th St.. ROWLAND COMLY, President WILLIAM BRADWAY, Treasurer S.SSB 1$ $3,620,000 Chicago North Shore and Milwaukee Railroad First Mortgage B Gold Bonds Authorized, $10,000,000 Dated July 1, 19f6 Collnbl e, a a w hole u:rlp:I!,,,:.1."I,3:!nK!!.red., .." "i .ter..t. Outstanding, $3,620,000 Due Tulv 1 1936 ..ml..u...y January , .d Jul , 'in tfrtt aVW,hJ. !!" iv uuncipai, in intarchamrnari a rian.o ...1 Zt a i '.. ...... ,, " '""' iiw. juu and 1 00 asr,.'asss'srusa'aK"s,ss ine rouowinc ntnrm.ni. .. v....j r frorn Samuel InsuREsChalrn, J T's'-a)aiaT a4 in a letter which may are secured by 6rt morta, ir.- , fftfM.. ' ue of the pIsTAdprn-SSSSm i e obtained from the undersigned The Chicago North Shore and MilwauJcee RaUroad owns and onera... ih. ine oonas, ta the opinion of counsel, i .. .. u pivpon own and operated, amounts the replacement val uonw -PO"i uy the examlainKenln. d i. -::.. .rsriX - 1 ""' o,otu,goo. Net Earning more than one and tkreeurt.r. !-.. .l . . on aU Fiat .Mortgage Five Pec t5S3Ra StiSSS1 ! M-rtt-i. Bond, may b. fund is ..ublished, -fi-StCS Price 92V2 and intertwt to yield $ seawwipgM, -' "f.
Significant historical Pennsylvania newspapers