2Z EVENIKG LEDGER-PHILADELPHIA, MONDAY. O.CTOBER 2, 19JC - "i ' ' , FINANCIAL NEWS- 1 WALL STREET'S BUSINESS SMALLER; TONE OF MARKET IS GENERALLY HEAVY si Common Dropi More Than Two Points During Day. Norfolk and Wrttrn Advances Nothing in News to Account for Selling in General List . Mlk Pelni$ In Today's Financial News Stock wmrhet vme ttrenp in tarty eetthn, but prictt recedtd in after . CoiUn write fared on damage to the Middle Stat' crop. Wheat JNsj. Money rate nehaftd. Very little butintei in foreign exchange. FVwkm oawt ruble enaier. Leant and turplui of loot banke incrcatcd in ,Priet bar HWer unehanftd. NKW VORK, Oct. :. Ttm was a marked falling off (n'tho votumo of btialness on the Block Kx tkMit today, with broker welcoming; the dccrenne In activity, a many of them tka4 become exhausted by the demands made uixin them oil through the month at September. Generally, the tone wss heavy and a receding tendency was In v!4b In rmtij- of th favorite speculative Issues, with tho room nRnln disposed to take an aggressive position on the bear aide and endeavor to reach atop order. Moat Interest was attached, aa usual, to the trading In United Htnte.a Sleel common, which, after wiling at 118 at the opening, dropped more than 2 point twin; the day. Many bt the minor ateel Industrial, after making ndvancen of t to t point, lost nil thee gain and ended with omo amount of net !om, nnd eopprr .stocks generally were In supply at concessions from enrly In the day. Thoro waa a special movement, however, In Norfolk and Western, that stock moving up more thari S point In tho flrt hour to 140, nnd, although It reacted rmtHd midday, became atrong ugalrt In the afternoon, Republic Iron nnd Btcel reflected the efforts of Important Intercut to check thla advance nnd yielded more tn I point under a constant supply from thntVotirce. Third Avenue was Influenced by uncertainty oyer the dividend position, due t the strike, and dropped J points, but Interest Identified with the management insist that the only effect of the strike on the company' dividend policy will be to defer the Increase In the rate to 5 per cent from January until July. There was nothing In tho way of now developments on which any of the selling could have been based, nnd the assumption was general that price ro eosslofls, with smaller business, simply reflected a temporary bait In the bull movement. Union Trust of Pittsburgh Pays Extra Dividend PITTSUUnOH. Oct. 2. Tho Union Trust Company of Pittsburgh, n Mellon tsistitutlon. has declared a quarterly dividend of 25 per cent nnd 10 per cent extra. Thlrtyflve per cent was paid three month ago, but previously the only oxtra came at Christmas time, when 6 per cent won pld In addition to the regular dis bursement. Trevlous to 1011 the annual rnte wns CO per cent. NEW -YORK STOCK SALES lj.it clou, HO 10!i 4mt Kipteaa, Mr namely - Ateaka (lokl M Alfttks'UoldM j.... AMa-Ctialmtil Mfc .(.... ANta-Thal Mf Pf ..... Aa An Chemical . ... Am Beet Surar . . . . . Aa Caa Asm Car A Fdy An Cotton Oil Am Hide a Leather. . . . Am HW I. pf Am Jee Securities An Uateefl, , .., Am Lisaeed pf Asa Locooiotlte An Locomotive pf An Malt Corp'n pf Am Smelt & Kef Am Snelt & 11 pf An Steel VounJrlr-r An Sosar Kcflriuir. . An let Te) Am Tbbecco, ,. , Am Wooteu pf ,, am Wrltloe t pf. . , Am Sitae L a Sin ,-w. Aaaeooda Cop,M - AMoctataa oil . .. AtcaToB, b K .. . A tea1 TtfllTI... AM Ustf XV,' I , ... Atl Q A W I pf lM tKQ. Wl Belt & Ohio, . alt & Ohio pf Barrett Co. ltlth. Low. Clou. HIM HIM HIM 17 10j 10 12K 12K 05. 20M 80. SOU WMa ft. 71 MM iik now 13H SOW ROM hOU MM MM 72 M)( 11M cow 20 23M A2 HIM 13 7M H SOW 27 8IW 81 . 80 81 . MH 97 . Kit COW . 71 73!( M 64W . 11W UH . oow rait . SHW 29 . 2J.W S3 -23W . 62W A2W 2 . 7Bi 82lt 7DM 1U0W 106W 100W 100W . 40 41 4U) 41 1I3W II3II 111 113 117M 1I7IJ 117JI 117U ' 01W 2W 01 nt' Hi 112W 11IW UUi 133W 1-I-1W 133 IM 221 221W 221K 221i( . 97 97W 07K 97JJ . 3Jt .T2W 82 32 41 42' 4IW 42W , 97H D7W Wo J I Vi .. mil m ohw 08W ... 100W U.0JI lt)f JOU'f ..lWUi lIXMi lOU.'i KKIW .... 8PK 00 88W 80 .,. m CO 05W 09 .... B7K 92 88 IllJi ... 89 89W MH NDi , . IMi 70W 70W 7CW 155 154 lf3 1MU ...fiA9Wfio9 &C4 CAM .... 77H 7SK 78W 7S .... 03W 4W C3W tan .., 23W 23 23 23 ... 62 MM 49W 40W ... 178W 179W 178W 179W ...73 4KM n Tl ...115 115 115 115 ...105 105W 105 .... 00W 07 80 ... 13W 13W 13W . . pOW VOW Ml ...J27U 127!f 127 ,,.53U Stlf 6tW . . 84W 82 82 ...12H 129U 129 .... 19W 19W 10W ... SOW Ul). :ww 21W 21W 21W 60)4 57' K1 Bftafebem Stl. . . Xunu BNMn . Jhjtte i. Superior, , Cl Petroleum., ... Ctl Petroleum pf ... Csa4la 1'ielflc. . Ceatrsl Ittber . . Ceatnl Lther pf,, CkSMtttr Motor ,. ( AlOhb. . Cusato tireat Wwt CM Mtt & St I Cat M ft 8t 1' Pf. . C C O A Bt I, , C CO 4 H L III CM ft Norlliejlern CLI H I A I'M, . Col Ou ft Kloc .,., Calw Capper Cttaa' CvDDer. . ... ol VimI A Iron ....... RMC itlW 60 OaawiMtted Ou, ,,.,. 13SW 138W,I3HW 138)i Oosttaeatsl Caa ,.,..108 103 '103 103 Csta rrodMt lief 10 ISW 15U 10W CMStM81el 03W 05W 02W OtW CaWa-An Bucar . , .205 192 18tT 1J CvbaOtMBucar OtW 05W 01 04 Cssa Csae Busar pf . , OOW OOW 0J UOW BeaftMwGrpf 35 35 34W 35 pntW'fiee Corp'o 4&H 40 40 40 OmmMIsm., ...25W 25 24W 25 awirr. ......... va vu uu uu ....,.,. , ..,.. iu wn .) m JM Jrf..., &4W Wt, M!i M iMtcai..t.....,.30H 3io aiu am mectrlc ..182 182W 180 IN) IXtt4enpf...,,.120 120W UH I20W il:r 76H 70W 75H 75W ' Csasei,.. ,...,., OilH. 02 91 91 (f.pl 110W 119W 111) UUW lt clnn, Utah, rtrptihllc Iron A 8 80W 81 W Ilipuollc I ft 8 pf .,...1I2W H2' Naioa Motor hhat Am lop . alost-Shi'f 8 ft I Southern Pacific rouihtru ttr. . St I, ft 8 V w I SludeDaker Co Tenu Uoppcr Teia t.o. .. Tejail'jclflc 'IliirJ Aieaua. . .. .. . ToDacni I'rodarli . .., Tobacco I'rod pf . Lulon i.an u Paper... UDilfd tltar btorca. 1jit.d fruit Lulon fwific LLlon Pacific pf U 8 C I 1 ft f u oc 1 1 pr.... t 8 lud Alcohol Initm njri Inr Lliltrd t() lur pf. ... 0 & laibiwr , L 8 6m It ft M unnni pf h b Stetl Corp'o,...'., h b hln-l Corp pf liUh Copper Vi.-Liro Cbcm W.ouh , Wawwh PIA Uatijili pf II vell rarto Eap, .... t Lliloa'Iel lveat K mil Weat Kill lit Pf.. cicra Aurjruua ... Wittt Maryland pf. ... Ulwel i Li iv M pf.. Wiujt Urerlaou Ixiw. Clou. ?8W Ml 1I2W 112W 79 79 .'II 31 KM KIW I0IW 101'i 25 -2H 10W 17W 132 2.1 132W .MW 2--'2 iii 57 M 1115 M, 9!l ',9U 31 , HI 04 U4W 101W 102 25W 25W 1(W 17W I3.'W 13.1 2.14 atw ...t.220 22:1). 221 II illi 1IW .... 59)i 68:t Mh . .... 53W fill's 53 100W lOi 105 . 8W U Mi 101W 10IW 10IW lOtli .113)4 ltJ.lv, ll,'.t II)-.'.', .1.j0 l.iDi ll'J'.' l.VI . 84 SI'i 81 84 .. 25W 28 2jW 20 50W 50,'i Mi iMi 128W UJ . 127.'4 12.SW ..9 m 9) 9W .. 18W 22 SO 22 .. IHW D2W 01 OIW . 77h 7ll 7jW 7fi)j 52!t C'W &2)i A2W .117W llt 11 11W ..121U 121) ll'IH 12IW . 95J4 U5W 94( 04 J t .. 42)4 42 ., 14W 16W . otW 5.1 ., 28W 29 W ..128 128 ..100W 101 04) OiW ,. 74W 71 . 20 J0)i .r45W it .. 2)1 3)i 40t 4l)n 42 42 1 1. 14W ulW b2W 28! 20). 12,5a 1274 1II0 1U1 t'4' (15 74 74 2U :iu i.H 45W .) . 40 4U!i looW CflJi 13W 90W 127W 54)4 82 129W 10)4 30J4 H 67 COW re prop,.,, 45W ,..,., W))1 isHeel, i Coat ,,.. i (Jaw Ck... ... IM AfitesMaral pf: .. bsSftMJ 1st Ca Or v t e aa. laitjsaOefPB pf.,.. ajat snsjpsf.,,,4....,, , taiPssjar (,o Rt PHtMT ten.... i at M tor dp,,.. iMMBfcefdp., 4SW 44W 45 A1W A1W A1W 93 03 03 107W 10JW 100) 07W tSOti tth 44W 117 1TW 73 241 WW MM 44W 44W 117 17M 7.1 30 04W 041a JSAJf 44W 117 17H 73 30 94W 63H 40)4 94 ,100 . GOW i. 45 ,.117 . 17W .. 73W ,. 04)4 , MM ,. 4444 ,.YXM 12W 11BW 121W ! j,a flPM on W no Cits faalheni..,.. W VM aM 241H CK thMta pf,,,., SW (H 80 01 nn.,.,, vxh skh i) n tpmr mi mi UW MM fe.X L ft I" 12H VM 12HW 128.W 4MaelCo ,. m WW 87 8754 Tire... ... 4H 4K 43W 454 Vallw.. ,,,,,. 844 SW 84 84)a Nasa ...,i4 ami ma imw MMMa . k wtH im im M Moton 1st pf..... WW 448 , m m Dft sums ., sttH m wh MJt Pa4M.., ...... 112 lllW 1MK HI Camer.r H 40 mi mi MP ft B BM. ..! !H 124 U4 P ASS M f.,.,l0 IfAW J30H WOW I ...r ..,,.,, IBM WK 3KM K ,,.,.. m . w at ..t.u m m 4H 4i .......... as, m w M Tata ,,.. AM '4 4 4 .WW, n,.... t.-. aBBist lis afMyi iSern A, .741 1QM UK 741 EC.. Shi S, 82 mt BG(mm' 2 8 uhV? K tbi MH MM Sm Stt. at) tH UH HH WSm 14 14 14 14 WO 4J4, 41)4 414 4IW ha 81 "4 33t XI -UH tt7 MM M MtiaW K mm 7H tMN 17 . 177 IMK 74' I74J( , 4M lH 4wH lMMSMHB3fV SStL? , i , Wl!iqmland pf. ... 103W ll4 10.W 103 Woolwonh F W, 139 139 130 13J Vuilli rump pf 8. .,.. . 04 0.1 tJ M Kldlvldtndi Kmui City, Ft. Scott and Mtrohla lUllwiy prafrrtd, 1 pr cnti rhlla ddpnU Companr, H pr crnt, Colorado nd 8nuthrn nrat prfrrad, 3 pr etiiti Cuban Aoitltcan BMiar Company, 2 pr cant .and-10 atra und 4u 1n common Block. CURB MARKETACTIVE AND PRICES HIGHER Heavy Buying of Zinc Concen trating Is a Feature'' Mid vale Declines NKW VORK, Oct. 2. While prices on the Htock Kxchange showed a receding ten dency in the afternoon, trading on the Ilroad Utreet Curb developed greater activi ty and many Issues In that market made tubatantlal gains, , There was again htsvy buying of Zinc Concentrating, which sold at Mi. with most of demand, which came from leading In teresta here and In the West, based on knowledge of earnings to be derived from the many new contracts which have re. cently been sold. Submarine Uoat was an other prominent feature, selling at 45U In the early trading, and Lake Torpedo rose from to 10. ' INDUSTRIALS Aalna Eiploalvra ,, )lvi UW Amarlran-Virlilab Mfs .. 0 SO nmtnran Marconi IH Canadian Car Ca 40 6U Oan Car A Fir praf in a Chovrotat llalora ... 9ntl f7il Curllaa Aaroplan Vnwraon l'honoaraph . Ilaakall A Barkar Car.. utnoa Manuraciurinr Kataodlon Bronaa prat Maha Munltlona alanhatlan Traba . WldvaU Slatl uila ItTavator . . ... Paarttaa Matora 1'oola Knstna . H S Kraaa w I ... Mandard alotora .... Hubmarlna . . . . . Trlanaia Film . . .. tlall.d Profit Hnarlna. . WhMa Moto wrM rilaj lnu.d Mat IIIUoli flo r-rlrU Sieaolt QsWi OU STANDARD Oil, RTOCKU '..'.'.".'. 'itu i Pi . rd6ll California . P(aw jaraay . . MR sal N.w York 'J43 OTHt Oil, 8TOCKM Ca .,. ..- . ..... rA".-..:. -::::: MINIMI STOCKS 'ind'siii '.J.iT.Iiii J1 h ., .,4, .... . liS paw, i,.,,,.itt 1.. Sfry jy. ft sesjinr sMi, sasBjsr f , StMBBS ... kf : . t'lMMHtMiMtt fi4 , ( ffffl Aa fft1t :::tv. SI (.,,,,, .4a Ij O'Mf .,,, t Ifl ,!, aw (.'" ajypiai iVcu Torft Bond Setes l nia. a A. ."" lli liiua An,a.r, fca vaw aiaiifxi Ant lr,rln Me r 6 nS loavu Amr small Po ra in aywt.tr .rtr all (It aa fc"V" Atnr rll rap ra ICOOO Adama Ktprtaaa li" Alias Vali.r 4. Auvi Anwr Aar cv aa. . ivwy do aiu Da. MIM1I , Ir. t'loae stii tin i vat a . Unim ..lot. HUM ll luiita nvn I'rti OK rilM 44titMMM ' fwH r .-NatW YOstK taUTTJCK AND BGGS Imw Ann Arbor 4a 34'iOu Armour vo 4 Ha JiKni Airmaon am a Icoo da ad) 4 Iiimi no iv 4a IK HI). SIIWI 1 c Sj till J. ITIani Halt A On lo Aa IHrtal uf aa . . Smaii, oo tr lti , mw ruin nlaal lal Oa Ioikiu Iliwk nap ir f.a IVIS.IVU1 jutiv jiroaic un Kir ibi i,a Jjij0 Can Uort a Ivit. awxi oo (tun . iSwrl rju IHSI sow) r . an 4'aa. Iixiu Cal Uaa a hiae Aa tuiar Uml Oa rona oa, 34ini lam ialiiar la' (la SIMVU Cant 1'ae lit 4a .WU Irul n it . i (.a 4iaNi i.iii,i t'oppar 7a . . eiKNi il. a o,n cr 4! It'MMI l ', 4(000 do conv 6a lw.KI Chi A riltoll 3 luou Chi (It f 4a . . iiikiu t II O Joint 4a Iihhi do trail 4a . . Iikhki Chi lnu IV 4a. IWHal C )l ht ! dlv 4a 4U00 do conv ia . , 2IUMHI ,,0 ry 41, . SIKH do sen " Zimi o Ja Ulxnt Cofia Uaa twiv (la. 4mi Cuban-Am nuaar ila Sisal I unibarland lal da , IdlMI ln II U 4a . . Iihmp do &a . , , . . ftin Dalroli Tunnai 4',is. 1iihi iMirou United m .600(1 Krla ronv 4a Sar II. Smidu i.ria tony 4a aar II 6MMI do 7a IIhiii Oranliy Mi Ka, 4Uhi lluJ A Man rid Aa .MM)( Ktaai tia-ta 4tia... IikiOii hi (.ant riu 4a iuj:i luiimi intarb Mat 4Sa...,. Iikhki imrro It T rn .,a I low in Mar Alar ct 4Ha. liiilMiil , w l Oa IWio tnlrrnt PaparUa,... . lulV ZlniO Jap lii-w O H 4't . M 0(10(111 Kan Clljf Yrr lal 4a hnV, uw riina a, Mli.tl 2j 4a IIKKKi lj.ck Hlarl Sa 10J.I. I'lHiuil j,,a till .la IIIMI... Sikhi .k hn -leb 4a 1U3I &INHI I.U i T U. K.uiki do 7a VUllil lirlllard Sa , .. ., ilmni Alanimtlan Hla 4a . . 9000 l!o Pan 4 oiiiu ilo w I 4 IIHHI uo tona ua , XiHM Mont I'owar is L-uuii n-i. ml,, tu MMIOO N V l' IW. .ilrUU flo 4V a 1 00" N ' i SI I, dlv 4a trwm tints lw a 4a .yaw Si 2 ,a uaH . 1(M. lutiH imi wS lol till IWlH huh K.O 1IM4 IOUH YSSl VU PV. luuw looU .UUI HMVa aua U.I l(Mia Vaai llZVi Sit Si B.I S PSta 4S list,, lla PIV, Pox H4 lol'.t lud louH W) fjja VuH liw ll'J'a nuta ln,, Iiuh ll.ijn as l&4 'sjS PS . i.nU 7 . Ja KJV. 7ta . .luil IIUI . !( 7I4 12 .timla I lain . 7 . s:M . pi 1-3 1 . .loaS .ni, . NUt . P.'tl mi; . lav PS . tlllt mi ii, . lini . . (! . P.I ,lirj i;.- , mi . . us .. a-', . iK'a ..Kit. ...llVa tlUk !' .'"" u oi'i TtV P4 M14 lk. PI tiw'i IUIH l'4 SIS f,u' lrA iiqU 1ii 84 VI hiVi 74 KisVi nu'i P-- Ml" 7S It ilia Pa4 ion, S3 nS ." I un K'lU WJ I1 lot pa el lol U "if 1I4U P4H 7aS toiu tH, toiv. lop Km 77"l r,( pS "'S P3' M', 1II2S Vi, Pil Ml 7Ji l ni h l 711 HJ lUlt, lnrS no), sis 7IJ, lots I Hii'a 77 'A 7K KS 112 nil Dll'-i "1J 111 , hi .14 HUH ivu P1V4 l HmiV, ad LOCAL MINING STOCKS TONOI'AII STOCK 8 nutter 4ii(l N V Cliy 4a 1PJU. . toil, .noil ,lo ma lulls ., . uv I oo.l do 4Saa lull! 1V4H 4II0O do 4)i May IVS7..1II9 4IKKI do 4H .So, 1P.1T. 1011 1IMIU N Y S II II 4a lPSd 77U IVOIMI N V llwy MU) tt SI 5IKH.MI N V 'lal aeii 4Vi"a . P 10110 Ni.rf A IV, at 4a III tlliioii Nor l'aa prior 4a PJt, Iihhi lira Mnort I. ref 4a , . vikt 1000 lira A W It N 4a h't .Iihni IVnnn urn it 4'4a. lu.'U ,,(ioii 1'ublk- Kr N J :ia. i, r,IIOO Itearllna Bn 4m . Ult I IIHHI llrpub Cuba IV,. . . nil K4t iV un . 4a.. 77)a 77 a., llljt, loj Bitia 117 4 lllia JIHKIO llwy HII fpiaa ,a 1031 U7S ouini ni i. i ai a a. Imhhi I. A M K In w .'mini no Mer A (V I IIHHI Bt I.UU1 Han lal 1IIIHNI H I- .M A M 4 KHHl M A A Aran I I at 4a. niiVi hihhi riaaboaril A I. ad) Aa. HIV, .ijoii uo nia aa . . 7IHHI do rfd 4a 20IHI South Hall (la. , PUIHI Uoutll Par cv 4a .. iioihi do cv ret I p ;. Imhhi do rM 4a . . KliHl Houth l'ao Term (Va Goon Houtli Itwy tan 4a 1IMHI dn coll Aa .. , "Olio Texaa A l'aa lal Aa Vihhi 'inaa Co cv Oa. . (1000 Third Axo adl 6a. U'ihjii loxlo As . . . .-tllllO Tol Ht I. W 4a . iihhi ii Sri linn.. . 20000 U H Hteel a r Ba.. Sl'ilOOO I) K or II A t Aa., soon Union Han A I' Ba. i.llo(i Lnliin I'uo lat 4a.. KHHl do rM 4a. ... Miooil Un llnia H V 4a. ,.n, ,a I i; a; I. lat II III HH. .10.1 J, . UOH Hli , ifllit :i!3w .. 7H ,. 7h' , AM , tonU IIU HI PIU ,. U7' ,. PI ,. 3M4 4000 IVabaah LM .1. . noU 1IMIUU Wali-I' T lal il I Mi SI 7IHHI Weal Klectrlc Ba. .1(13 riilllil 1'eat K a M rv Aa . t; PO(H) IWat Hhore res 4a . . PH'a i'ClOO do 4a .... pit! I lino Weat Union Aa. . ..lOllii 10(hi U'lsion Cent ecn 4a.. mi Pil PA eota 70 K PK PS'A ln. PI4, tH), ll'ltl lo-.'i, lis: is. Unite 7ni4 5H HI hS 74 lOHti 1.11 1 1 tlj'l i?Sj5 l(!. luita H.I mS l lull 1,114 I".-. I ni r.':. Hit H3 8.j P'l'i 77ia lli(a' W4S 7H till", linij HUH lop lmi 77 U Al s III. IMS Pil MU IKS M4U AA 111". ": liiS mii 711 or mi', h8i 10.1 s HU4, H4J, 71 '4 KIIS IM ii-2 Kill UPJ4 III', Ul S.lta HA P!a .14 1'JU lIHLt HIS IIHIi K(l .1. 111,1 .SI .11.1 'si' .24 .III 4S K .'a-'U .1 . Jim XlncNumsra Aiiaway . . .,, Mlipah Kxlcmlon . Montana tt Nortliirn Hiar ... Tonopah Itflmont Tononai I.Ktfniton Tonopah MlnlnR .. Itmciji' J.ijia . , UVut find OOLOK1KLD flTOCKfl Atlanta 09 IUUW laUll , .. .0 uttoin .,,. , , , , ,ii imiiuw , , ,,.,.,., C O J Coniblnallun Fraction lllamoiidnf-ltl It II . . . Da lay .. , ...,.,... Klornci ..,, . . ...... tlvldiUM i.'onaolldatM , , f'sM-lHt- M4rrr Jumbo Extenalon .. a UUlUN ,, ,, . .... ,.., Oro Sand Ktn .,...., i... iSllver IMck MISCKIataAN'KOUS Nevada 111. I 21 Ntvatla Wonatr ..... .3.37 Trtroifii Mtnlnir , ., ,jo KATES FOK MONEY rail. 1 : W3 au oa paper, threa to alx month.. pan par cent Aake.1 .B7 .(7 .U7 .a .Ml .01 ,112 .oa .ul .0.1 .04 .0.1 ,04 .0.1 .III .41 .( .5 .(17 .07 .0 .7 - ,3 ,ll .10 .Oil .01 .(II .03 .VO .Si! New York . . Philadelphia tloatoo ... . Chlroao . . , . Commercial dilphla, 4U t Hi .55 S.4.1 .12 a. I-hlla. with com- BANK CLEARINGS rtnnk r'aarlpira today compared i' ,liy Taat twa yearai " mm lpn Pnllail.lphla..4S.783,lte S0.20t,37t 121.720.719 llo.loll 34,tlu-i,0(l.1 -il.'i4,P7tt 17.16h!'J03 ., .,,.Mi, iu., oo.i.iiHt.ioa oi.N.'OAal Clilcaso M1.B.VI.40S All,f)7ll,S BoiBfs.BOu LIVE STOCK QUOTATIONS CHICAOO, Ovt. 2. HOas nacatpta, US 000. Market l&c lower. Mixed and Itutcbera. IS 20 ttIO SHI aood heavy. IP.Antil0.2a) roucll heavy. tti?er.w"..!k0,io?5.!s,o-,o " I'ATI I.N llacalprs. 23.000. -vra, a.iuil,:l atead P. GO; atorkers and feedera. 15 1307.60: fi lleavra cow a Market and helferi, r. S.7AO axana. GOOD BUYING MAKES WHEAT ADVANCE HIGH Demand Is Encouraged by Evi dence of Heavy Salo for Export and Smnll.Supply C1R.UN nEI.T 4VI'.TIIKR C0NDIT10X CHICAflO, Oct. t The arcal-er fareca.t far Ihlrly.alf Paira f.ltaivai llllnal. and Mlaxinrl r.lf srat irsnnaf lonl.hu Tncaday, pa.MJy clondf. i.N.n.ir-t naemen i.nu,i a.. ,w...T. raw nrabahly ahaaera. eirent fair mat (aniaht, wanner tanlahl Tifaday and narlli anil iiMtay and pari neaol real trr.l ea.l. aautb- coaler Mlnncaoia rrolialily ahowera tentsM snil rnirr, cirepi exirrme nariuwr-.. I..,., .. . lawn rnaalllca lonlihl snd lamarrawi nrohablr ahaarcra eorlh and, weal; warmer lanlthl etlreme Mil, easier Teeeday, narlli nnd central PHIPAOO. Oct 2 Pronounced strenetri was snown In the wheat market lodsy on too1 biiyltiK, encouraged hy evidence of a Wrther demsnd for extjort, an advance ot SKc to (o at Iluenos Aires an excellent inquiry from millers and droning- analety nrr the world' supollcs. There was considerable proflt-laklne at times, hut nlTerlnirs were absorbed easily and final price wefo only a little below the best ThreshlnK returns from Oanada we're disappointing Iteeelpts nt Wlnnlpe: showed a a.iln. Nevertheless price there scored a sharp advance. lj.a.tlne ilttra e.nae.l a. rAllnw.i Wheat Sat'diy'a (ipn. Illin. ixiw uioa. rio.p I .14. i.anH I..-.4U Mint i r.i. i .m i.r.4 i..lAa orn (hew deliver: Dec Wli May Cor jur (lal 7.1(4 tflti 4s's BIS lata - Ilec May... i.art. tlcl ... II 27 Dec . .. 1.1.1.1 Jan . 18.10 II l,a Oct. . 1X.SJ Jan .. 12.12 Pork (Vt Deo . 22 7.1 Jnn 22 SO lll.l TAaaed. err) 7n 4.S Alt. 14.32 1S.A.1 13. IB 13.90 12.10 73 70i 4t Alt, 14 2B 13.2.1 I2.H2 13.ST 12.0.1 I74JI tlflt 4SS AlS 22. 7B 12.411 22.3H 22.10 II 32 f 1.1 37 T 12.117 tia.pn N 12.03 25 St 2J.4II 22.BII I M I.MS 7.1H 7S!4 ia'4 Milt t!4..m ts.An tis t.1 IS S.I 12.22 26 S3 '2.IIJ 22 SO COTTON PKICES SOAR ON U. S. CROP REPORT Some Reactions Follow Advance Due to Realizing, but Gains Are Large COTTON . m: elplla IIKl.T tt i:TllKIt CnMHTItlNt In Ilia NF.U' KltlK. Ort. 2. There waa na pre- llo and. frnat ant miortcd line and (otton Dell Ihla ruornln M.rld al Itnn.alllM - ..-. . . ... ... ..... .n.niiiie. The raiionlnr temiieraliirea wera rcconledl AlietH'e. 4S I haltanooca. 4Ai Na.hrllla und Atlanta, 4S llalelah and Knoirllle. B0 AiisnatA. Wltmliiston, Macon. Illrmlnsham. .Meridian nml l.lllla Itock, Atl Hhrrieimrt, .Menipbl... Vlckabura and Mnntsnmery. All Hiilunnnn, Clmrlc.tun nnd Kort Mnllh. AS; Thorn.., Ille. SSi Mobile. 00 1 Jnckaonlllle. Han Antonio nnd ew Orlean., Hit Del Klo, eil Tampa, US Curpu. Chrl.tl. 70, and tialcr.ton, 74, - XKW YOIIK. Oct. 2. Cotton Jumped 0 lo 80 points on theNew York Cotton Ex change today following publication of the Agricultural Department bulletin showing damage to the middle States crop. Decem ber cotton sold up 67 points to 10.71c a pound, while January was up 10 points at 1C.80C I'rlces slipped back about 10 points after the first wild rush tn tho bull side follow ing publication of the (lovernment figures. The .Hachango was In a turmoil as prices mounted to new high levels. It was pointed out as one rearon for lodny'a remarkable upturn of virtually 100 points In the first hour, representing prob ably the largest market In years, that sold out. bulls tried to replace their lines Just at the time selected by spinners for tak ing In hedges, providing n huge competitive demand with almost nothing for sale. At 11:15 o'clock the market was still feverishly active, with prices off about au points rrom the top under heavy reollaltig ItcalliliiK was heavy at the 17 level and the market showed reactions of some 30 to 35 points from the bfat later In the day. It wns estimated n round the ring that weotern and Wall street bulls sold fully 1(10,000 bpks on this morning's ad vance. In some quarters It Is believed that spinners were among the most active buyers during the first hour. ia.75UX.Auj ealvea. SOtM2.7ft. H1IKBI' Ilecalnta. 42 000 Market 10o lower. JiVnVs n w"Wrn. ll.aSCB.OO; lambs, 7,i NEW YOHK COFFEE MAItKET NKW YOniC. Oct !. The market for coffee futures opened Irregular, one point higher to three points lower. Trading on the call waa quiet, sales amounting to 1!50 bags. Today's Saturday's openlnr. cloa. October , t SPIIOHO: r,ocmoer December Bat. cloae. October . ...l.l.HO December . ..1(1.01 January .. ..10 11 March .. HI 30 May ,.,.,. ..I0.A2 July lit. mi 5pot 1(1.00 Open 11 a m, 12 ni. 2 p.m. 1A.K3 lit 31) 10.43 iii.ih in.. ii ions in mi iii 42 ions ln.oi 111.7.-. in. .11 l.7n in.82' in 02 IH M 16 PI 17.00 17 12 KI.U9 Sales in Philadelphia Net lll.h laiw ieaa. esse lit Am Itys pr Mtt fM J Id Am Smelt lit lit lit Itt too Paid lco. to o . t ;7 so IlrUU O. -o ii H H le Pol Pair I54 t4(. "H 4JS niee Ptge.. II tt 1V4 J 100 Krl .... 40 . J 10 Inter Cons. I7W U H J InsCoN A till tlM, tlV4 U 4t I.k up C. ISH "4 l J 8IH lh Nav. in 11 , W lltl Irfh Valley C!, 4V 4V4 Ii tio Leh V Tr. n tott tott to do pref.. 41 4 43 AO Nev I'ons. ttlf. tttt tttt H Sl I'enna It It SsV. ta As 107 Ta Rait M. 100 lltt loo SO 'I-hlla Co. 4t 41141 4t 4 I-Mla Klec tSH H taV lit PUT tr cfs tO-)i JOH tOH tt Heading., lit MMa I SIB Ton Ilcl .. 4i 4tt 1 Ton Mln .. Bid A 11-16 iVm 100 Tenn Cop . 24 tt t4tt '. Ill 1'nTrac . . 41 44 10 V H Hub., ait. 6IT lio t' O I ... at ss-f. SO Uu C N J.tJI tt4 tS3 t? S Hteel. 11)i llttt 40 Va Car Ch 41 4t 110 W NY A P If tt H 400 War IAS 0Vi OH 30 W J ft 8. 80 H SOtt 43 York Ity ..14 14 IU dividend. IKIMil 11 'tt Itt 1 4-K. tt tt t tt 441 Itt tt tt tt4 IMtt 4t Ittt t stt 14 tt tt -rtt lllrh. Iiw 11.5 1ICI4..!I6H SOS 3Rtt BOtt 100 104 Clo. St istt Ott .16500. Am OAl 4200 KI&I' Tr 4s St 2000 I. H Inc Cs 3U tooo I. V gen 4n OOtt 4000 I, V cons 4 Us '01.100 100 dn Coal 5a 101 lono Pa Co gan 4Hs ...107 10t 10t 13000 Phlla Co cons 6s, SO lioon Ph Klec tn 101 1000 P WA 11 1 c 00 23000 Head gn 4s PJtt 2000 do Ter 6s. 111 112 10000 W N YAP gen 4a . . J J'. 4 s.1',4 Net (hee. , .'A 1 tt tt SB SO I03tt lOUtt BO DO B3tt 3tt llt 83 tt 100 tt 101 tt a tt ft COTTON CHOP DAMAGED Government's Condition Report Shows Injury by Insects WASHINGTON. Oct. 2. A heavy de terloratlon In cotton throughout the central cotton Htates. together with unprecedented destruction by boll weevil In Texas. Ar kansas, Alabama, I,oulslana and Florida and destruction by caterpillars In southern Texas and eastern Florida, have caused a 4.9 decrease In the condition ot cotton since August 25. This statement waa made by the Bureau of Crop Estimates today. Cool nights Injured the crop In the north ern portion of the cotton belt. Tho late crop In North Carolina stands a poor chance of reaching maturity unless there Is unusually late trust. Financial Briefs Liverpool Cotton I.IVKnrOOU Oct. 2. Spot cotton today was in goou demand anil one po nt lower on the basis of 9.49d for mldupland. -The sales aggregated 10,000 bales. Including 9000 bales American. There were no Im ports. The market for futures closed un settled at a net advance of 270 29 points. The New York Siibtrcasury lost 11,436, 000 to the banks on SV.tirday, making a cash net loss since Friday of 12,436,000. The New York Stock Uxchange has ad mitted to list the Minneapolis and St. Louis Ilallroad new capital stock. Arthur C. Richards, formerly of Heed A. Morgan & Co., has becoming associated with Henry I). Doennlng & Co. In the bond department. j Additional common stock of the West Jersey and Seashore Ilallroad to the amount of 11.082.400 was admitted to the regular list of the Philadelphia Stock Kxchange today. II. T. Dlford has made application for membership In the Chicago Board of Trade. Edward A, Crawford has posted his mem bership for transfer, i There were coined at the Philadelphia Mint during September 5,530.000 dimes, 6,069.000 nickels and 10,243,000 onc-crent pieces. In addition, there were turned out for Peru 600,449 silver pesos and 60,000 gold pieces called "pounds." Application has been mnde to the New York Curb Market Association to Hat the atock of the Grlzily Flats Oold Mining Company, Incorporated In Nevrfda and own ing properties In California. Paul E. Woll and James A. 8. MacMeekln have formed a pertncmlilp under the name of Woll. McMeekln & Co., with offices at Broad and Sansoni streets, for the transac tion of a general brokerage business. January Kabruary . March .... April May Juna July .. . , Aiuruat Beplembar 6.'7aO.83 8.80 8708.8 :piOS. P.O0O0.0J a.ooet.os s.ss 8.7s H.S1 8 H4 2.7 H.P.M MPPI p.n.ln.03 P.O70P.O8 H S3 8 HII M J H.R.1 8 811 HP2 8 an n.nii Cast aaaWaiwa - -waO i ? .. I -M o.s S DI IIJT ir enm nrn y ruunu qciAVtic SECURITIES Public Strvice Seeuritiee are linked with the Het of municipalities, ' The American Got Co. 6, Bonds. Tsx Ref. Pcnna. Free Federal In em Tax. TWtK koftJt take precedence aa to caratusa a'aJ tnete over the $6,449,200 uutaUitdiBff Capt'tal Stoek, whiek kaa a prMnt aetual keek valus af Mibitaa tUHy evr$r,?90.p00.ad mhIisu eui sad iaerM. 'JivideaJ rworJ eavtrini tyr-antyfaur year. t4 -Ht rsU keis Sj, jx r annum. Earaisa (or the year eiadtd Jiaar 30, 191., aftsr all .Wea(.,,uJ;4 ffsmliH, ttXMUiual Hsrimit from islalc nnd Federal Taxes Lackawanna County, Pa. 4 Gold Bonds MnturitiB September 1, 1040 Acceptable in our opinion for Postal Savingi Deposit at OOfe of par value Full particulars on request for Circular PL-56 The National City Company 1421 Cbeatnut St, Philadelphia Kea Yn ' r;ttti I, Ml Statistical Department 0l (MM! wars mtH -maa nk uatarset. gxqy yVsrVMaa,sa1waiMa.VMr ? lbb btocks Are Listed i on our board, one of the C moit complete in Philadel-1 pma. au transactions are immediately shown, We buy and sell onlv in your interest; we have nof favorite ktocks. Call our Mr. Knoll, LomT bard 1385. Main 4458, flECWCO. HAXKHJUI MMHiM th ft CheaUut 8H, N. it C4r. rtUaa, Uaak Maitu m. aaaaast istj, as Maw 8fi aUR Statistical Depart ment, in charge of Mr, Malcolm O. Douglas, Is fully equipped to give ac curate information regard ing all active and inactive securities. Successful investors thor oughly appreciate the value of Statistical Service, It is highly Important, not only as a protection, but as a guide to the trend of financial developments. You are invited to make use of our Statistical De partment facilities, either by mail or by personal call. It Incurs no obligation upon your part We have in our office all the latest manuals and news services. You are welcome to the use of our manuals in looking up securities or we will be glad to have our statistician assist ou. lnvttmtnt Banker! Broad & Sanaora Sta. uaiiSZi Total Receipts and NeT Show Falling Off Compared With Three Months Ending With May-Lake Superior Stock Is Active The earnlnus statement of the Toriopah llelmont Development Company ami " Helmont Mllllnr Company for the nusr'er ended Auiuat II came out today. From the showlni made by It. as compared with the prevloua quarter, ended May II. U would appear that the ofTlclals of he wmpany have not taken adiantase of the n'jtrier price of bar sliver that has been prevalllnu recently The attitude of the management. It would appear. Is to wait for further ad vances In the price for the wnlte ' The amount of silver which fifty cents per ounce has been reduced con siderably from the same period of last year, however. This la carried In the report tinder the heading- of "due from smelters nnd alher stored atflfty cents per ounce, and shows a decresse of 1118,409, that Item belnr; 61.J5. . . For the quarter for which the state ment Is now lasued tho receipts from ore, bullion, etc.. were I6S4.MS. This com pares with I844.I7S In the May quarter, or a decrease of . In the same period expenses showed an Incrense of " brlnslnic that Item tip to $327,719. This resulted In net earnings of J0T,U", a de creae of 114.949. The Item carried as "miscellaneous In come" showed a ealn of $19 to 17278. The total net Income for the quarter was 1114,411, a decreaae of J12.9IJ. The state ment 'compares very well with the corre sponding period of the previous year, the Idal receipts showlne an Increase of HI,. 442 an-1 the total net Income a sln of That there Is still soma Lake Superior stock In broker' hands with orders to aell above 18 was Indicated by the action of that stock In the trading: on the Philadel phia Stock Kxchanse today, where It was the most active. When the market opened there was a small fractional Rain, but thla was lost and more besides before the first hour was very old. Uefore noon, when more thsn 2800 shares had changed hands, the stock had recov ered part of tho Iojm. It has been com mented on In the street for soma time thai there la some foreign-owned stock which Is lying In brokers' offices with eell tnp; orders above IB. When 15 was reached last week some of this stock was sold llefore the close about 4000 shares of the stock had been bought and Sold, and It ended the day with a loss. During the morning lehtgh Valley was strong .advancing more than ft point, but In tho afternoon, when the New York mar ket turned heavy. It lost the gain and with It. Heading rnn off nearly two points and United Slates Steel common also de. cllned. There wns a special movement In Western New York and Pennsylvania, which sold up 3 points. RAILROAD EARNINGS I'ENNBTI.VANIA, SYSTEM ISAO Auaut arosa , Net Ktsht moMha Nat ........ Auruat aroaa , Net ...... Elaht month. I.INKH sro.a :isht Net 8T 1S10 .857 oos.aoo . 8.S24.MA .ltlS.831.tl0.-, . 40.841.301 I.INKH WEPT 818.701. 838 , .... 4,332.333 ITO.a ,. 00,4211.031 . . .. . . . .l.'iun.,-. I.IVP.S EAST AND Wi:ST I'KNNST!,VANIA IIAIMIOAD Auru.t amaa SIO.IMll.inil 'L'""'i" Net .7. fl.722.721 Elaht months' ro.a ..lSl.JIS.'JfJ Net 43,330.313 P., U. AND W HAlI.ItOAD . . -- linnull 1284 vr "a "::;: Sm'.tbs 7.os4 ,:,Nhe! Tfh'K"! S. :v:. . : : lt$A-SSi ?:8S:U7 NEW TOnK CENTnAI. LINES New Tork Central and lludaon Hirer tExclualve ot Uoaton anil Mbanyl liiiinl arnaa 11B 0,8.11 ."r"'"2! Net .7........ (1.480.KU0 PuVriW :: :.. 2-22-?.,j,j1 Kiaht montha" sroaa... .132.888.1.1 Met 41. 849.4.11 Surplu. ..::. S0.8I0.707 Uoaton an1 Albany ll.879.70rt nil.nxL .RS7 14 Inc.. . 3.88.n57 881.823 33.821.732 18,622.630 13.808.880 SftO.MD 52.710.128 V.319.811 TST.SOi !0,3.',.008 12,103,034 S03 Auru.t aroaa Net Rurplua l;iant montha' sro.a. 277.88 4.077.233 4,438.40 1.4SU.4tZ Central ,072.n.T 1,710.333 4.U(10.42 20.01 4.S40 14.311(1 .911 17.770.253 1338.087 lK3.r.S7 1(17.788 2,800,070 1.328.033 1.202.323 .... j. 351.857 . ... :0.r82.a4S Net Surplua Mlchtsan Ai'i-u.t aroaa Net Net 8.984.237 3.703.518 Cleveland. Cincinnati. Cnlcairo ana 8t Iula , ii;aciuains i-eoria inn n..iciiiF Auaiiat sro .,-:5!-fi.,2 Net 1.864.182 Elant montha' sro.a.... 30.248.004 Net 8.600.029 ILLINOIS CENTRA!. Tear ending Juna 80. 1910 am. , tnn.077.343 Net '.. 17.003.(113 Burpiua 11.807.004 NORTHERN PACIFIC Aimit aroaa t7.041.OO3 S9A4.673 Net 2.772.820 884.003 Tun montha' lirom.... 13.773.2S0 2.347.18 Net 5. 161.03H 1. 833.000 VIROINIAN RAILWAY Auiuat sroaa 4758 140 Ket 339.049 1828.000, 7,o3f,'22 S687.018 S 68.787 10,51)3 4. 014,013 18.083,701 3,707,262 4,048.403 4117.302 81,280 BAR SLIVER Bar sliver today was quoted In London at 32!id, unchanged, In New York com mercial bar silver was quoted today at 60V.I-. unchanneo. Clielten Trust Company 5614 Gcrmantown Avenue Germantown, Phil a. TENTH ANNUAL STATEMENT Sept. 30th, 1916 ASSETS Cash on Hand nnd in Banks $175,496.39 Demand and Time Loans. . 456,219.64 Investments 1,203,303,46 Capital . . . Surplus Profits . Deposits . . $1,835,019.49 LIABILITIES and Undivided ?200,000.00 151,440.87 1,483,678.62 $1,835,019.49 Sheldon rotter, (leorae W. Cllffe. 1're.ldent. Perretarr and Trea.nrer. Kir J. Smith. Title and Trust Offlrer. Kiln In C. Kmhardt, Real IMnte Officer DIRECTORS Everett II. Rrown Henry W. Fletcher William E. Chapman William J. Flint Hheldon Potter Cbarlea F. Jenktna Joacph T. Pearaon H'imuel II. Dowen Edward F. Dennla Georee W. Cllffe n. II. Llater Oeorce I'. Darrow Jacob S. Seeds Edward V. Kana Calvin M. Smyth Southern Rwy. Equip. Wi REED A. MORGAN &. CO. EST ENI1 TRUST lll.UII.. TIIIUV. Slembera of I lie rmm. Klock Kxchanae Cuba Cane Sugar Corporation 1 Cumulative Preferred Shares Convertible share for share Into common sharet it my time at option of holder LhttJ on the Nets York Stock Exchange During the first season of operations net profits were nearly four times the annual dividend require ments of the preferred shares. The company's recent purchase, out of surplus earn infjs, of the properties of the Stewart Sugar Company enhances materially the intrinsic value of the shares. Nttc circular will be ten! on application. TugeneMeyerJii&Co. 14 Wall St. New York INVEST IN MORTGAGES AT 5.4 Recommended by BEN T. WELCH v- 13 CkMaawt Street jziijtjHtmuaL W&LK $1,000,000 American Gas Cnmnanv ( 100-Year 6 Gold Bonds Dated Jsnusr, 3, 1916 Du. . J( 20,8 Tax Refundable in Pennsylvania Fre From Normal Federal Income Tax The American Gas Company operates gas and electric OSau w? vi8r d tors --. the & T& Middle West, .ric ud.ng a large portion of the gas and electric business in the suburbs of Philadelphia. Applicable earnings for the year ended June 30 1916 were more than six time, the interest charge, 'on thi incrtase?"""8' "' 8hWing "Cady and "oUnced StoCckCXhnyr,.ha" ouUt.andin8 $6,449,200 aPital atoclc which has a continuous dividend recowf l twenty-four year, and on which dividend, at the r.?f of 8 per cent, per annum are now being paid A Urge purl of Utla laau bavin.. ,.. ,u r...lnd.r .ubj. to pr'or .:i:f.nbr.Vvo.ft.w; sa,- 109 and Interest, Yielding 6 DtitTiptive Circular on requctt. William P. Bonbright & Co Incorporated V MorrUWUtar Stroud, Jr,f.Man.gT leMsWst ki Pire4t f. fcatssass lb. Vta . f - mmm m -. Nw York 41 5-1 iSikJ'HH