EVENING MDOBR-PHILADELPHIA, FJRIDAY, OCTOBER 13, 1916 FINANIALNEWft I MARKET PASSES FAVORABLE FACTORS , wrrnuux iNuxiutt m DAY'S SESSION Temper, of Speculative Element Either Bearish or Pessi mistic and Bullish Arguments Have No WfFnnf. t...', A T ft "" . v::3 nru jLiower NEW YOltK, Oct 11 Th stock msrket today was subjected to the conrniri. i -' .. 4tturbln(? factor which have appeared at Various Intervals since the beginning at the week. r factors which might have been counted on to provide a basis for Improve. - in value were pawed by without notice and the orih- m. .... .!.. ' wtH lo nlch mlfiht fllrnln Rn Incentive either for bear attacks or as Invitlnr rwrtwefl llquwauon lor uio purposo or saving profits, which were far larrer i 4 U beginning of lhe mot,lh thah olll1 obtained at the present lime. Mils rllstrdslllon Indicated that the temner ut ih. .r.....i..i... . . . F.leeefae either Intentionally bearish or pessimistic, and while It prevails reference ?'' i birilUh argument! can have the effect only of waated ammunition. i For some nays post uuie em nni oeen spoken of than submarine possibilities ' wakh Include In their scope, the menace to the Adrlatlo as welt at other out! tftot steamera from wis port and the creation of apprehension that compllca. (eft may occur Which Will Involve our Government In International disputes The fsct that the gambling element was disposed to regxrd the prospects if the Democratic presidential candidate with more favor also exerted a dl rMng Influence. With the speculative element In Its present mood and with the conditions prevailing there can be no surprlso over the fatt that prices In nearly all lhe Important Issues were established at materially lower levels from tt9 OPn "' It haa been assumed, partly because of authorised statements, that many M the leading Interests active and aggressive In the bullish operations which were In Drogress all through the month of Augufl have dlsnosed of id- .,... ... their speculative lines. This liquidation naturally has scattered concentrated jM!nrs. with those at present Identined en the long side consisting of disor ganized holders with llttUs to do but hope, Instead of the powerful Interest whose concentrated efforts could tnovo prices steadily Upward, even In the 'face of seemingly unfavorable conditions. There Is little to say having a. specific bearing .on declines on the various groups of stocks which wcro recorded at the closo. "With United States Steel common still regarded na the market leader, the market may be said to have followed that stock both In a moderate earl advance and In a. later substantial decline, the few exceptions to the downward movement had special reasons to account for their streiigth, as In tho cose of Norfolk and Western, which Is ex pected to declare another extra dividend. New York Banks Lose $19,349,090 on Movement of Money NEW TOniC. Oct. 18. The known movements of money for the short week Gp to the close of business on Wednesday Indicate a. loss In cash by the local tanks of $1.S4,090. The banks lost on the direct express movement with the Inferior liTS.OJO. one of the few losses In that direction reported In a long time Thiy lost also 12.823,000 to the Bubtreasury, not Including $450,000 transferred to New Orleans today. In addition the New York Inderal Iteserve Bank had a net credit on the week at the clearing house of 815,651,000. Estimates of Steel Corporation's Earnings Are Lowered NEW YORK, Oct. 13. Estimates of the showing to be made by the United Slates Steel Corporation for the third quarter of this year, the statement of which Is to be published after the close of business on October St, are being low ered, and whereas tip to a week ago they ranged from 890,000,000 to 05,000 000 they are now from $$9.000,00 to 888,000,000. Tho changes In estimates have been brought about mainly by the gradual realization of tho effect of the hot "weather aurlng the past summer on the operattonn of the Steel Corporation's plants. Extra Dividend of 5 for Eastman Kodak Company ROCHESTER. N. Y:Oct. 13. The Eastman Kodak Company has declared an wtra, dividend of E per ceht on the common stock, payable November 15 to stocK of record October 25, and the regular dividend of 24 per cent on the common and IH per cent on the preferred, payable Jnnuary 1 to stock of record Novem ber 30. COTTON JUMPS AGAIN TO NEW HIGH PRICES Supply Is Limited and Demand for January and Later Months GrowB NEW YORK, Oct. 13. There was a good ttneral demand for cotton at the opening this morning, while the supply was limited to selling by spot houses and from one or two room traders. December started 1 point higher, October was up 5 points and ether months advanced 11 to 17 points. Th tone was Arm. Continued buying for trade account was noted all through the early dealings, with commission houses alio taking more than thsy disposed of. Liverpool purchased March and sold July After the call the discrepancy In the esrly prices was reotlfled, December ad Ttnclng 18 points, January moving up C points and other positions 8 to 4 points bsfore the end of the first fifteen minutes ef trading. .Eriough realising developed around 17.80 fer January to check the Initial advance, fcut reactions were limited and the market showed renewed strength toward the mid dle of the morning. Aside from realizing, there was very little selling, while It looked as though long contracts disturbed by the submarine development before the holiday were being replaced. January and all later deliveries made new awn records for the season after 11 o'clock, with the general list selling about 31 to 28 pelnts net higher. Offsrlngs were very light on the late lersnDOn ariuanu .ul.lrtU A..tA t-m........ i'i fn,rc' "P to 17.60. or virtually 81.50 per . nTi r. weanesaays closing ngure. At , ' IDls level, however. ratlalnr h.nm. n,. f. I.H.. -j .; --. - ........ Ut rJ" "na, mere were reactions of 7 or 8 . wjr in mo noon nour. l.... WW. "Kerober aanary Gir .i.Bi t.4S nil ...... w.sa .... i .bo uy in me noon nour. it, !.. OmA. lllah. 1j.it. Clo !? l-'A 1I5- fT-l : I ill m ;i! 1 !? t.eS H.ss It.ut I Liverpool Cotton .HVEI,!00L' Oot- 18. Spot cotton was eunter today and 18 points lower, as com ?' WJ Wednesday, on the basis of ? ' mld-upland. The sales aggre gated 1000 bales. Including 8000 bales 5f.. AImlor' were 24,000 bales, In wilnr V'000 b,I American. The mar n for futures closed quiet at a net ad vase of 1H to 4 points. v NEW YORK COFFEE MARKET NBW YORK. Oot 13.--The market for wee futures opsnsd with declines of three t?.i J101"1 Trading on the call was Mica amounting to 1E0O bags, tfltK! ....... Todsy's optnins. i'.eu sleows.to 8:eoa,73 i'Mmt.u 'WldoMdty'S CI1 I V . jaw , ft$w .to ?'? j $ ANOTHER FOREIGN LOAN ! ".Will Street Hears It Will Be Floated After Election .y TORK, Oet. 13. White it J In E,1. t0 okfjLln any oOelal oenfirmatlen. v ffrf ' m w"1 "" l9 '" that i- rf United Mate shortly after election. P' w.n laS "elMe t state, whether It ' W ," ''M or a FretMli traMaetloa, V.i4l.Ltm V HtHa! lean similar we il0.ftaa.&&A uitiBk i. kis. Co aadfhi ir MlbMr'" rt tUne rd tlm " pvf7rivu ii rs i111bl'a ltaln that the , new WBWJfORK, Oot W-WnW granutetei e4?ii ".. uart," r at 7.3 New York Bond Sales HliK l000 Adams Hlprm 4...9I5U 354000 Ar.lo-Frnch It m 105000 Amtr Tor Rea 8 '4 85000 Amr Tl clt 4i..... !U 28000 do cvt 4Us 11JH 20000 Armour Co 4H ...... JH 7000 AtchUon ctn it 4ft 11000 do adi U ....... . It 0000 Atch Trsna IL4 t 16000 Atltn Co I.ln. 4V4... li 4000 do clt 4 34000 Bait 4k Ohio 6a lOl'l 16000 do 4a 12 1S00O do cv 4V4a , ... S 6(10 prkn 1b it u iis..tooi; JVOOtt Muth Tarm Vl' , m0J Can Gov Ca 7U1 100'i i'6O0o j isSi nnnn t t n . ,,.. Cal Uaa El.c 6a.. KiOUO Cant I.tathar 1st 6a. 4000 Cant Pan 1t 4.. . 8000 Cent R R .V Jtn 6a. .110 mi i.vptxr T , . .,iiv m unia fv . do 4'fa ... , , cm U Chci HI 115VW do cony Ba iiivuu uni aii 00 do si ii Cbl .. Alton 8j ,.. ui mil 4a,. , it u Joint 4a.. mn 4a .. ilt da raff 4a 10000 Chl IrKI Woat 4a. iuuyi;v i;di ai suoo 61 OIK) Chi lu4ooo do Sa LaW Clou 86 85U S6K S4 t 88H 2H H 112U lll'i SSK t SJl RSU 50 ts 51 SI US 1S seu Rai lom ion tin ti DK 93S 1O0K 100 00 10 loou loou :jst8 jxr m yrt v4 m ii& .5 btlV BDtX 0Q14 ,. i.. !.. a?h BO1 BDH i it: I kSK HH t)'. IIHH SJH M m i ;ni Jpfl woat 4a... 77H 1IH Jhj it ft 81 r ran 4a, WIS .Oi'W i So rvnw; :::::::: lit lllu 1 do Sa av m :M060 do 4a si Si Ii6 IJOOO C Jl 11 6a ct ona ata 6Vi 0 6U ,8uOO Col lBduattlal Si..,., Hi So 0 200O0 Col MldtanJ ev.4a,! ! til, lo . 10 .yooo Col ft. Hooih 4Ua..,. J SMI 5 yud i:on. cqai Ma !,.,, 61 . 3 k ; cunv ttnu ('oavl Md 4a do (umhorlAnd Tf Am . 1 VOOO lt A Hud conv 4a . ,1 lfeBaBircs?Kiil.::H! ivvv ris ifn la ..... . 4000 do eouv 4a Htr A eouo do oenv 4a bar If. 10055 do 4a Har O.,.. . 16060 Qranbr C Bta Sa , 8600 Uan Kc dab 5a 2000 Hud Uan In 6a SOOO do rfd a 4$6o 111 Htaal dab.4Ha . I6600 lowa, Coniral rf 4a UOH lOllH lUUU m m w m w 78T Itt T S 9 $ 'as !Seti ys 70 JO J(l kiS K i oe sun ou 8 ' '8 SH ti dl&R l!J,.ft,lS!l,jtfli : : $' 82000 fntarb It T re? 6a,. . UK t,tt iiip,nd,oriir.?r u::,i!tt g j 6O60O Intarnl taoar 6a. . OS i S 'BVxif Jopanaao iwi a na as 2000 Kan City Tar lat 4a, RS th ill 4000 LaeUa Hll 6. Ittt. .. K S9i voi 25000 do 6a I4S0. , . qg nsjt aaK TOOO Lie M T 6a. . loj ljiij 162 3Iil) . Io T. IPI "I 1ST A rfd 4a . SSH SSK 101 10(1 4. 29000 do Ta ... , , ,..1!TU 12TM 00 I.onr laland rfi 'jn lorlllar rd 6a. 8000 Lou A Naab sen low it 11 ..... lOob Manhattan 4a . .1000 Minn A St I, 4a.. 10O0O Mo Kan 4 T 11 II 4 no 1 at a , oo oa ..., . a Pao will ant l'ower 6a. aaaau Nlta 4a. N T d A ll 8a- ao va res . da 4a .... P99..dS 4.. 1 n j v.1." i 1 au ana 4000 OO ' 1000 N r o aooo urn ry aiU .r JUI 111 112 iuuu mn I066II N 8000 lOWO Iran HAM11 fifl N 11 If Sa. Uwy adJ Cl. .TeJi.ii 41ia aai a oat V 41 ll- ae prior iett A ao c Kor Pad Dr 2000 do aa,8.., . . jH 4000 Ontario Power 8a,... 000 Ora ftharf Lnl 4a, , i lOOO Paolfto Tar6a,.,...tl0: retina sen ci ana .... 2MM 600 IhiWla IS2R S leoeo B eeow AA 11M h ? Tal SHI, ' yfliftrc C'BJHKa i er 4Br i cm :.?P Wtaaaaa MH '4 3 ' 1 .1 $ SIM Site i II ;.lg 1 ifl J!ii 82li K8 U6a..'.(ff 10W lOf 11 ' ! If.au indu iiai? 103 JO J 103 sb 'L m it- .r?" .rT" .r?" 'm.. ., ltl i..::'ff liv ? sji v eju ivin iuju luetn !? M 2 j'u:"u 'Hi 'tiu. w.7 .; iM.r e4t T9.a 79.. !.. r P w HH pet HH It 'ffl I ,r -K 1&1 11 . 11(4 AX slstU, I IN' IN 'IK ... avaM dial 1 xsiv" Tw:rr:.:ii '" - . -rai 'l'.""-" rieiinVi si ,4;: E3&fa.W: ?. 1 Mini""" 8dt Pa 4e.,.i.,.. ' de ev 4s iii;', a uirMM. w au '".Ar A f:vft:::::ic i W 4a ,..1 W 1 a. ,. ., ff'l I4t a( .; .,' ..(i1 B .,,..,..1 v.j.-:; f iVeu rprib 5ocfc Sctcg tw. Cleet. 67( 67' , Laet cloaa. ltltti. Anas Tel a7i t,,H Arms Te pf oUr M M M AirttOoMM ixj jai( ii Allrt;ao!4M. ...... fth 7 7 7 A It-Cbalmen Mfr m 341, 2il 2lli AIU-Cnal Mff pf....... 70) SOU SO 80 Am At Chemlrsl ....7914 79f 7H!f 70'f Am Bret Sunt . . . 971 OS , P(l 8 AreCsa........ i94 CO MH 68 AmCwpf Ht 113 113 U3 Aa Cat a Mr m co ot M' m) llldeAUtUtr.e . 13'( Kit 111 13 Am Hide A 1. rt .71 73 71 7lH Am le Secntltlel 28 28'J 33 28 Am LlMwd 2JK "3 83J1 S.1H Am UbM pt Aft M M M Am Igromotus TOW H! 7.1 74U AmiltCorp 71J 8)i 8 8), Am Milt Corp'n pf .... 4ilf 4 43 43 Am Bmelt A net lOfl 103l loM 1071 Am Bmtlt & It pf.,,,., 113)4 UOH 1HH Hfil4 Am Bmelt pf a oj. 0511 t 05M Am8aot neftaln....,l,l 110l ii.iU 113)1 Am Stttl Foundries oj CO 09 &9 Am Tel ft Tel .w tM 131 133 Am Tobacco ......330), 820H 220 If 320' AmTobpf Bw . ,.U0 100H 10!i lOO"! Am Woolen.,...., 4!K CO 40 49 Am Woolen pf. t7C B7 07J1 U7H Am Writing r pf 3jli 34) .14 31 Am 1186 LA Bm. ...... 40H 4711 4(1 4l AmR l.ASpf 7JU 77 J6H 77 AntoondsCop M. ...... 0l( fll OOM UOft AtchTopiSF lOMt 103 lOilt lOl'l AtrhT8 r pf lOON 100)4 100H 1004 AtlCout line...... ...121U HO 119 119 auu aw I,,.... 83 DI'C 60'( At! a A W 1 M CUt" 05 M Uld Loco Vki.. 83i 84 Kt Uilt A Ohio. .,..,.,,. 57), 8 87 Halt A Ohio pt 7.1 70 7ol( nrtettC0 150 102t( 1BO Bethlehem Steel .530 alt 530 BrooUro Union Uii. ...132 1335 133 Bulla A Superior U3 61 W4 Cl Petroleum 23 U 2.1 H J3 Cal Petroleum pf....... aili fiH &l ciniaiin rarme..,,...,l7A( 170)4 170 iranii linnet 77 Si) Central Uathet t( . . ill tul i Chtbiller Motor. , HUH 10U4 101 Choi A Ohio.... ....... 00 00)4 06)4 CalMioOrm Wait.... 13M 13K 13)4 v.Bi iireit west p 39M Chi Mil A at r )4 tuuiBiu p; 84 110 114)4 tout CM Hi A I'ac 2IU Col Oil ft Elae... 4H4 Conllntnltl Cta .103 l.hlle Copper SOU Chine Copper...,.,.,,., fri'.i Col Fuel A Iron 62!( Col A Southern......... 34)4 coia touts lit pr 03 Cond R Lft I U4I....H0 39( MH 84 i" 23?4 44 100 at 03)4' 5!l)4 31 61 38!( 81 !i 21)1 42 103 21 fi2)X 51)4 3t 01 W)U 05 83)4 8? 751 lf.2Ji 611 I3:t)4 U34 23 61 17GI4 79 11414 104)4 ttt!t 13( 3H) 95)4 84)4 L3)t 43 103 21 MM 51H 34 61 Coatotldttsd tlai Corn I redacts Ref Corn Prod Ref pf Crcclble Steel Cabs Cue hurr Cuba Cans Sunr pf... Dearer A I'.lo Or Urn A HloOr pf...... Distill SwCorp'n .... EleeStorsfs Uat. c.rle. ,,.,,,............ Krto lit pt General Electric Goodrich B F Oreat Korthorn pt U N cli for ore prop... Gneue-Cana&ea Uult SUtes 8 lit pr Illinois Centril Itup Con Cop......... Inlerb Con Corp'n pf , . lot Harr Corp'n Intllatr N 1.., Int Paper let raper pr Int Nick r t eft Int M M cot dp Int M M pf cof dp... Jewel Tea K C Ft S A M pr . . Kan Cltj southern. ... Kan Clt; South pr Kellr Fprinc Tire Kennecott Copper..,.. Lack Steel Co Laclede Ou , Like Erie A W pf,... Lee Rubber Tire Lehigh Vallejr Loose-Wiles Biscuit... Lcoie-W BU lit pr . , IxjuIj A Nash Meiwel! Moton Mai Moton 2d pf Mar Dept Storei llei Petroleum Miami Copper iimn a Et Louii. 116V4 U3!4 115)4 .138)4 142)( 139 154 91H C34 S 10 81 65 90)4 18'4 4J 43 60 38)4 C4 4IJ . 44 . 72 . 37,' . 53 .175)4 177 . 71) 73 .113 110 . 41 42)4 . 50 50 . 1)9 99 .107)4 10)f 107 .. 05)4 04)4 014 4 Uil 74)4 .78 78 78 .110)4 110 110 . 30 38)4 37 . 90)4 07)4 00!4 . M) 51)4 504 0 38H 30 10 00' 4 VJ'4 01)4 00 18 42)4 42)1 Oil 37)4 5jtf lTtnT 73 118 41)4 50 11!) 142 16 90)4 83 604 90)4 18 42)4 41H con 37)4 6.!4 170 72 118 41)4 50 99 107 01)4 74)4 78 111 37 Ofltf 50), 30 101)4 109)4 105V4 107)4 s; 71 27)4 . 61 . 78J4 62M 82 H 88'4 70)4 i8)4 01)4 78)4 5214 87 S8!4 70 20)4 00t 84 70)4 61)4 77 Mi 1W 44)4 43 b6)4 17 81)4 62)4 84 .107)4 108 108 . 45 44)4 44)4 . 42K 43 42 . 83)4 SO 834 . 18 17 17 . 78)4 81)4 81)4 .139 130)4 1.10)4 130)4 . 8)4 89)4 8S)f 89)4 . MM 60 60 50 . GOH 66)4 C0J4 C0J4 .100)4 108).' 107H 108 . .17)4 37)4 37M 37)4 . 20 2KU "H 9A Minn 8t V ft 8 HM... .124)4 124)4 1U!4 131)4 aiuMun racuic n)l oh 4H 6 mo i-ac tr cij. ......... all Mo Pae w I.,., MO Pic pf w I Mo Kan ft Teiu Nat Diieult , Net Ream ft 8 Co.... Net Lead Co Ker Con Cop New York Air Drake.. New York Central..,., N Y S It ft II.. Norfolk Southern Norfolk A Western. ... North American Northern I'adrtc , Ohio Cities U si....... Ontario surer MIn.... Pacific Mall Ienn Railroad... Peoplt'i Ou Chi I'hUadelnhls Co., rati cost c or dp. 6 2414 62)4 128)4 27 0714 21)4 155 rittsburch Steel pf. rotted tei car..., Pressed 8teel Car pf lullmtn Co Qulctillter pr, 6)4 6 14)4 24)4 2414 .. 63 Sit 4 62)4 .1 4)4 4)1 414 .127 130H la7H . 27 27)4 27 . 67 68)t 67)4 . 21)4 21)4 21)4 .168 158 153 .107)4 10SI4 107H 107)4 . CK) GUli OUH 00)4 .124 24)4 24)4 2t)4 .142)4 146)4 143)4 140)4 . 69 68)4 68)4 ,68)- .lit 111)4 111 ill . 78)4 83t 60 80)4 6)4 6)4 0)4 6)4 674 112 41)4 36!i 10t 06 104 170)4 3)4 60 25)4 urt 25 25 ... OOl 05 0 ....112)4 113)4 112 .... 40)4 4114 41 . ... -Kin oi .10; a ..104 103)4 104 05 07)4 05 .104)4 104 101 ,10'J 17054 170 4 3)4 3)4 6214 fill 25)4 25 lly Steel Sprint- 61)4 itar uon copper za Itesdlm.., , 106)4 108H 105)4 105)4 Ilepublle Icon ft S.... 71)4 73)4 6W)4 69)4 Republic I A S pf 111)4 111)4 111)4 1UH Sesboird Alt Une.i.... 10)4 10)4 16)4 16)4 Seaboard Alt Llnepf... 30 39)4 38 38 Slost-SbefB A 1. ....... 57)4 68 65)4 66)4 South Forto R But . ..212 203 205 205 Southern Pacific. 100)4 100)4 09)4 99! Southern Itr 28)4 28l4 J7)i l!7) Southern Ry pf A7)( 6S)I 07)4 07)4 Btl. AMFwl 17)4 1H4 17)1 18 St L Southwest pf 44)4 43 4.4 43 Standard Mllllnr . . 90)4 09)4 00)4 99)4 btudebikerCo .131)4 183)4 128)4 UAH Studebtket Co pf .110)4 109)4 109)4 1004 'lentt Copper 32 22 21H. 21)4 Texu Co,.. 220 23 220 22i) 'fens Pacific. 13)4 13 13 13 Third Ateaue 67) 6714 67)4 67)4 Tobacco Products. ,,,,,, 55 Cfi)4 65H 65)4 Under Typawr, 108)4 10S)4 108 108 Union Big ft 1'aper.,,., 11 ltJi nif nx Union H A V pf.,..,. 60 02 62 62 United Clear Stores..,. 101 , 101 100)4 10U)4 Ualtra. Fnilt .....158)4 160)4 160 160 Union fume.,. 147)4 H9 146)4 146)4 Union Pacific pf. 83 83 83 fC) 11 H ltd Alcohol.. .....119)4 131)4 117)4 117)4 V 8 Ind Alcohol pf 10J 101 J 00 100 UH Rubber HSU 69)4 68 6S U S Rubber lit pf .114)4 112)4 112 113 USBRAttpf. .51K 61)4 60 60)4 U et tet Cerp'u ,110)4 111)4 IO8I4 106)4 U n Steel Corp'n PJ.,,.liOH 120)4 J2UH 120)4 uiao L,oppcr.iu. ..,,,,. iw? VI VZH V. va-uaro uaeai eu V Iron Coil A 0 411 Wabash, ,,,,,,,. .I,,,,, 15 Wsbaih pf A,, 1. 52)4 Wabuhpr B..,,i..,,.. JHMJ MH West Uslea Ti..t 100 101 West It AM.. 61 Ij t3 Waatarn Maryland..,,,. 0H 31)4 neat xarjiauu ptu.... 00 Wheel ft Lake Xrle...., ;i WUeel ALA mpf..t, 7)4 WUIjiOTMIaad., .,.,,. 43H WlilriOfNUM pf 103 Quoted ex divide na. ffl ilu lu 16)4 14)4 14)4 63 63)4 3)4 7)4 45)4 103 02t Oa( 24J 09 99)4 09)4 60W 6lW fJ0)4 80)4 60 52)4 3)4 34 7 7H iK 441 IRREGULARITY MARKS TRADING IN WHEAT Declines Early on News From Argent Inn, but Closes a " Little Higher 103)4 im LIVE STOCK QUOTATIONS CHieAfW. 04. l8.kOQ-ll4e4a, 24.000. nxw oroitst iurrja and mm . ILW.OK."0)18.lU'rir, ! itfl VZHBu 5? MB- Wajaalaia, m aeea sjearajat JEW ClUOAno, Oct li. -Wheat was Irreaulsr today, but closed unohanited to A little hither. An Initial decline, due to a selllnr movement brought about by private cables Indleatlnr beneficial rains In Arcintlna.was followed y (Uinneu. The reooTery was due to late dispatches from Arcentlne neiertlna thaV the moisture had been too light In Important areas and that surplus reserves would probably be small In any event. An atcellant buying; movement developed on the setback and the lossts were more than recovered. Later the market gave ground on realising, only to more up again on covering. The demand tor the cash article was good. Operations were not extensive, pending further developments In the political situa tion and the export position. Commenting on the step taken by Oreat ilrltaln to Inture Its supplies, 11. P. Hnow said that the matter could not be left to private enterprises owing to the pos sibility that larga quantities or wheat now locked up In certain exporting coun tries might become available through mili tary operations, caualnit Importers to be unwilling to hold moro stock thsn ab solutely necessary Mr. Snow expressed the op'.nlon that the stoit forecasts tho bulldlntr up by the llrlt lah Government of reserves for all even tualttles and creater than private enterprise would dare do In the face of the possible npenlng of the rUrrianMles. To build such resarves," he esld. "they will get all possible from the colonies, but as the North Atlantic voyage Is shortest and safest our wheat will be taken for steady current supply and the long voyage from Australia nnd Argentina. If tlio latter has nny, will bo used In building up the safety reserve." lie said that before the end of the season Rurope would require every bushel that lan be sparsd from every country. A shortsge of cars Is curinlllng the move ment. Thousands of empties In bod condi tion are stsndlng on side tracks throughout the (train belt. ranted as fcllowi: Tea aara tadlnc tuturea vvneat . Pec. .M Otn m lllth. l.ftS . ar.. i.seu. t.Ktu Jul)-.. , l.MH l.ll Corn (nave dellveryH Hee ,. 2i) 7S war. is Oat a . Pc. , 48J. May.. t Ijird Oct.. n. in Pee. . 14.3T Jan... 19 02 Rltia Oet. . 11. r Jan. . 1J.72 l'ork Oct... .ST.SO Pc... 24.00 Jan... SI. so Old. tAeked. is-; 4S 15.50 14. St it. to Iw. .Cine. clnae .-Self w nb l.SSVi ei.SjH ei.Bj UK 4Si am 15. or 14.11 is.eo tIT K 51 ; 18.13 14. 1ft 1S.7U Ji'.U ! "?BS ia.ta is.sT li.tu SJ.1T ae.i S3. 1 4.00 3h :r.7s :s.s SS.ST emlnal. ST.7R t2S.S1 ss.er ib no 14.18 tia.eo tu.sr is.eo S7.M 12S.7S I2J.8T ACTIVE CURB ISSUES SELL AT LOWER LEVEL Prices Are Irregular United Motors Loses Early Gain ' Through Profit-Taking NI1W 70RK. Oct. IS. Trading on the Curb showed an Irregular tone all through the day, with early advances In some Im portant lasues followed by pressure against many stocks nnd with a majority of the active Issues showing declines at the end. There was another brisk upturn In United Motors pn which that stock rose over 8 points to above 89, but the movement wne not maintained. Whan profit-taking was attempted a substantial recession occurred. Other stocks. Including Chevrolet, made substantial gains In the first half of the day, with these advances more than lost after noon. Some of the munition stocks were marked up to higher prices without creatine any outside Interest nnd there were forced up turns In a few of the Independent oil stocks which attracted attention only from brokers executing both the buying and selling or ders. Standard Oils continued In brisk demand, with Ohio Oil advancing 18 points tb 821. There wss a vigorous demsnd, too, for Charcoal Iron because of attention attracted to the fact that that Is the largest producer of charcoal, wood alcohol and acetallne In this country and Is adding largely to Its facilities. Kathodlon Bronte preferred declined early In the day to 9, the lowest price that stock has touched In a long period. Dundee Arlsona continued In good de mand, with sales at 3 and 14. City of Tarls new loan sold at 99 and 88S. nid. in'. .P' :::::::::: '..i Panaillah nar rA ................ SH Canadian far A fdr pret 0 Curdle Aeroplan .,,. Rmeraon rfionoararh . llaakell A barker Car llendee Mfc Kathodlon llronao ttrtt Maalm aluntllona OU Manhattan Trane 4j Uldvala Steal tU Vila ciavmor ....,,....... .. Ul l'aarteea Jtotore ,., is S5S' Aetna Kiploalvea Am-Hrltlen Aaked. ::::: ft V la. alns 1 jirvi tanderd Kreeaa w I jaoiors) trombers UD TrU United Motors .marina nanai rtln tlnllrd Front Bharlns umi 11 com. an t,tmt ev'hllo Motors world rum llllnol. MTANOAdD Oil, 4 it a is 1T0 ':- is r is 4.1 e! e?5 0 90S 1 1V9 t . 1 ''. 8 Ohio ... Ill St J'ralrU IMpe 306 an fliandard Oil California tin U Hlandard Oil New J.rnr ,sjT ns Btandard Oil New York 221 OT1IEK Oil, STOCKS 81. i Soaden QU oaden Co ...... International 1'airol , .aural OH A (la louaton Oil , 4.... Ildweat HeAnlns Hapulpa lteOnlna ,...., JilNINO BTOCKI Atlanta '! nulla Coeo Hutta A New York li'ifi Carro da.Pasoo . rirat Natlonsl ,. Klorenca iioia cloldneld iterser il tint 1, 3H r, 40 10 SSO lift ii 1.. tecla Ulnlns Bound jim.Buijer bail enaion Oarrab ftKlnlev fnea.Co of Alfierl ipieains i:7::"::i:::i 11,4 S I il White )aka 4(1 0 BONDS Hf,?VJa",u-8.. ....;:. Hh US VOUNO MAN ef wide eiseHeite In TarUaa, saafoantHa. sasastaelarlnir and BoaiKUl Ihwa baa Ween, far pil few sf saagonaBrla paelllon wllli Inrera. Est iStSrrl Sa aAWat UniMlf S'tt caaeam wban adrantaBKoiwaold l a LUH ka M1UI praaeas . asjliasss eMiai tfUi saiaiaiiaaesi m ,sg i aiaMaae.aaiel arMU, ar. R ter'Vie. wi tM?wmvrwA nar Xo orsUei a 11 t HPMCIAIV rtwCJ&MUi Ilea I Urek' si t'siAitt ar IVagjfsr.. MteTflliaT A ,Tl?1mU NtmOS lfa.iM. ! fine Miaweeii, lee ! Htr will H SjaU at t MtaATaa t stiil) SL )fs. sji (S 'ataam a. aaS f S4aretw er eaMsaUe JaM' 1lt ef JSaSSfjr- ajgf ewaal OsWelptieV leatlM tAAaalal misSsV sliidr Ii rsna eeejasw ajn mm KSab..' Saks in PMtadelphim Net lllsh, lw. Oeee, ahn, is Am (la a ii lto 110 1 110 Am ltys pt PI 1, 08 H 80 llald lco. IH SH, Mt 4H SO Uru Steel. StU SHI 1H IH 818 C It 1 A ) tSt. t 88Vk 1U 80 Cam Iron 4S 4S ts . .. to cant Rteel loo loo leo ... S8S Kleo Stor . 3" es e. m 80 Krle . SS, tt 1 U 8 O Asp pfd. It tt It .. .. SO In Co N A tlH tilt UK 80 Int t'sperpfd 01H otUOlVfa to Key T Co 18 18 80 do p.-et. OS 01 18(2 U Kup r. I4U I8, 1 l.eh Km UU lit, 110 I.eli VaU. BJH SI 80 l. V Tr pf 49 4tH loo Lit Ures.. loll, 101. 14JJ Norf A W t40U 148H 100 Ntv Cons. IIS 11 H lilt Penna H II 884 dH 41 I'n Salt M.100 loo tat Phlla Co 1 cum pf . 4 Hi 41 It Phlla Klco. tU sa;, 8S8 PUT tr cfs 19K to 10 I'hlla Trno SO an to Itcp 1 A Stl 11 IS so Hay Conn. t8 ii 100 ItinUlnir , 101 1 lolti tso So Uwy . JH JtH too Ton Del . 4H a li Ton Mill ISB L'n Trao .. 44 44 ttS U a 1 ... BO). SH 1 U COS NJ.lll ttl 40U V r Uteel.llHi 10SH 4 1) War l&S. 0 J Westmor C lt,, itn loo Cramp & H 1014 ?0ft 1 U 18 OS 18H H U 11H 8t 48 1H 14S 81 Ta too -I Jl . . . t,l H lfc 28 U 19W SO 18 tB losu I aiu it 4fc la H IH 0 ft 15-IUfl 15-10 44 OOtft tit iosN. 0t lttfc 18 Vi 80H Close. 81 110 no II0M1M Hutu Ijier. sisoo Am UftH ts soli 18000 UtKplncSs am IbOCO I, V coin 6s tg 1928.110 3000 N V 11 tn.lOHi lo4t 104 Vt jooo pa co cons 4Vin ...1051a 1000 PA Krle 4s 00 Vi 1000 I'hlla Cd cons ts,. si 10000 dolstSs.lOIH ioo I'll r;iec 4 so sooo do Cm ..losfi 8000 Y 11 1st Cs 01 8000 York Uwy 1st t.. 01 11 IH U Net mie. 103 9fc '.! SI 1UIH sa iojh iT losw, n 89U 01 10IH 80 103151 01 t V. 07 i W LOCAL MINING STOCKS TONOlUtt STOCKB lil'l. 00 ::::. :i .. ts ... .21 til 4ta Tonopah llalenelon & Tonopali Mlnlns " tlrecue nuld 22 West nnd 78 ClOI.DKlKt.t) 8TOCKM !ltn tiutler lacNamara . . , . j!day , tlsran Kxtenelon lontana forth Hfar Tonopah itelmont Aakert, .113 .SB .77 Atlanta 10 .11 Illue Hull .01! .01 Wooth 19 .14 lluildos nt .02 O O D,..., US .0,4 Oombtneiloii Fraction .07. tllamondlfa d II II "3 .U balejr 0.1 .07 Flnrenre 40 .49 Ooi.Meld I'untolldatetl St .01 ooldneid Merser 07 .UN Jumbo Extension 41 ,48 K. wanes .1" .17 Oro 04 .03 Band Ken,. " " Blti-ar Pick 1 .'.'0 MISOKU1.ANF.OUS Nevada ltlll ... ., -' . Nevada Wondar . .' . '- Tecopa Mlnlns ....... .10 .11 FOREIGN EXCHANGE NEW YOllK. Oct. IS. The market for foreign exchsnge In lhe esrly dealings to day showed continued dullness, which was relieved only by firmness In Italian ex change. The other markern were tery quiet, without change In rates. Quotations: Demand sterling, 4.751, cabtes 4,78 7-16 ; sixty-day bills, nominally, 4.71H0.T1: Itelchsmark cables 70H. checks 70 8-16) lre cables C.47, checks 6.474: Swiss cables B.28U, checks G.2i Vienna cables 12,09, checks 12; Scandl vanlan kroner cables 28.CC, checks 28.48; pesetas cables 20.19, checks 20.18: guilder cables 40 18-18, checks 40ft ; ruble cables 81.60. checks SI. 80. Although business continued limited In volume, the mnrket showed some Irregular ity In tho early afternoon. A firmer tone prevailed as a rule, but there were some exceptions. French exchange was unal tered at 8.88 for cables and C.84i for checks. Sterling checks at 4.76 U-16, relch marks at 70 tt for checks and 70 7-10 for cables, lire at 8.47H for cables and 6,48 for clucks and rubles at 81 70 for cables and 31.60 for checks were firmer. Scandinavian Kroner showed n heavier tone and Vienna checks shaded lo 11.99 and cabtes to 12.00 flat. Dutch exchange was unaltered at 40 16-16 for cables nnd 40 U 'or checks. RATES FOR MONEY New Tork... Philadelphia lloalon Chicago Call. . WI'.I i?ammerelal paper. aeipnia, stt von .... a ... 8 . 4 BH04 4 three to ala monthe, per oant, !B . a folia- HANK CLEARINGS Hank cl'arlnsa today compared with corre-apond.na- d.r last Is,, re.ra: Phll.lnhla.ing.424.S32 S42.DnS.S10 I29.U9.1.010 iioaioii ..... 4i.inr.4iH 40.4so.aiu so.Hi.mit Ht. iJiule. .. SOH5.4Ht 1R.1S0.70H 2.MK.-JM He Vers, 7fs.7lU.8S7 0ll.tl82.741 22g,18S.78S Ilaltlmora .. U.OIB.OO.' 7,83.1 720 ,,. . . BAR SILVER Bar silver In tendon today was quoted st 82 7-16d, a gain of U- In New York commercial bar silver today was quoted at S77c, an advance of U. EMPIRE CAS & FUEL GO. First Mortgage Sinking Fond 6s Due May, ll, PRICE TO YIELD OVER 6 MELLOR & PETRY Members N. Y. A I'blls. Stark Cirhauses Ut (OUMKHCIAI. THUHT HUll.DIKd I,KO;U. AIIVKBTISKMKNTH NOIICB IH IIKKKUY GWKH THAT an appucaiipii win 11. maae 10 in ai.lf o. silliari.aniA ui f act 01 Pennajrl- inoor- 1 1 TRADING SMALL IN PHILADELPHIA; NORFOLK AND WESTERN IS &TRONQ "exaaas.s.saaaf an, t i ! ieaaaoja Stock Advances to New High Mark, and "Sti'eet Heart Another Extra Dividend of One Per Gent Will B Declared at Next Directors' Meeting rlnvarnor o . ' Jlondar, oeiaoar aujn, iviu, unoer tm A.iomL'r e( too L'ouimoiiKaallh .of . ianla, antttleo "An act ip proriaa ror tiu uoratlon and resutiitton of Le.-taln corpora C.;...d April vetll. 1874, and lhe auuol r.rr;.io for tha oherter ot .."" I,, i-.lled till tlona, emanta an Intended corpora- mar Matlufarturlna ram. iaiur. the ehsraotar and object ot which ta buy Injr paanuta. ronetlnr and aatllns lha aaina, and Lv STlndlns and otherwlaa Ireallna and deallnt with the aama cynvarWns thorn Into saanut but- radlns In. nil ut the products thus obtained, and lor, these .Purposes iv have, possess and anlor H 'he, dabls. beneftta and prWIIrsea of tha aald act of Assembly- and Ita aupplement. B. .11. UlllNlK. ffl Bollcllor. KHTATK Of KM MA H01'IC1M Jt'DSO.V TitujiBtin, aereaeeo ..altera teataman- veva.a nav.iia oven srantea ersUIlB IIUlBlit ,A .Kb to mat; parment. ani tarr In the above estate iVtbo underalanad. all pt: 1128 liadlaea avenue, Hew Tork. or ta ber at. MSTaetBut atraat. ft't'la. Ueallngs on the PhllsdHphla Stock Ef change were not large today. There were some stocks tn which there was a fair amount ot activity, but, taking the list as a whole, there were many stocks which did not appear on the tape during the see Ion. This was not surprising In view of the holiday yesterday rio. tno e.iiu.t . amount ot business ilono In New York in giving eonsideratlnti '-a the timlln here one slock rtood out prominently. Thn was Norfolk arid Western, and durlnK th larger part of the day It wss the most active, the price at one time being carried nearly lo 147, a gain of 4 points and a new high record, hut after tha best price was reached thera was a reaction. This de cline, however, did not clip off all of the advance. The Street looked around for a reason for the strength nf the stock, and one was found thst would seem to answer, From tho same source that forecast the extra dividend thAt was declared Home time ago, It was learned that the directors at their nrxt meeting, which will taks place In New York on October 26. will declare another extra disbursement of 1 per cenl. Action ot this soit would be Justified, In Tba Boa Kaureaa Ill V1BHMJS y ALI.KY HAIMtOAU COMl'ANV" l,kll.A.lnkl. Mu.amlB C iul. .A V-T .""l w,w, .tors or tno ieiian Valla. iar 4l ird u( Dlracti CMHy na dIriXJJaf t omr abaewl WD Ua aaava ireDr msmI ef hs i OT.W8 tyt I Uim lAblsyh Valla tklsl dAV (sstsrlatdkd 4 two siaU OD4bait ixm" real la rfaitrnK MtHJi t4 aTaJkal - - '- al ' t " SZ JZZZLTT .rr jmBsassLSfjoBQiamL. jnywi'ytsm'Wr- uu'mrtffhmunoLm the opinion of the Street, as the Wnth of the rrtnmahV ar varv wm4. I The Pennsylvania Itallroael, It was 'taiet hss added to Ita holdings of NerfeMt tmt Western by buying In the open mattot iul this was done when the price mi sssa slderably below that now ruling. AMlMr jxtra dividend on the stock ot the tsrtttr tbmpahy would mean a considerable a'nemH 'i ivntisylvanln, Today Pennsylvania stota ruled slightly above the close ot WedtiasV lay fdr the greater part of the day, hwt .vhen the New York list took on a down ward course in the afternoon the Meek said off. but the loss was only a fraction. Blight Improvement was rrglMereel Iri take Superior, and that stock stood next te United mates Sleet corrfmon In the 11m of activity. Steel for the larger part M th day was somewhat higher, but In the after noon It. too, tagged. Th loss was not rarfte, however. The majority of the local stocks which changed hands were at higher levels and In the group can be numbered Klcclrlo !terM rUltefy. Kejstono Telephone and TjenlffH Vnlloy Transit preferred. Just beforej the close Philadelphia Traction came out at 88, the highest of the year. PHILADELPHIA MARKETS GRAIN AND FLOUR 30.1.800 bush . WHEAT rterelpte ket ruled steady un (air demand. Quotation! "-.''-i ww...vww wwvi. ...- ...w.r uieo sieaay under moaerata oirerinsa a tair uimi alarator N' and Car lots. In export I.OTIM.OU ISO. 'J o. ,'. refl. spot. I nuinern rej. si.onirt.osi steamer no. X reu, .Bilil.nOi K'n. S r.t. li.osOt.idi rejected A. ,44ftt.3i relertd').)l.4a().48. COItN Hecelpta, 1U.S01 buah. The market waa quiet but nteady under moderate etterlnsa, Quotallonet Car Inta tor focal train, as to loca tion Weetsrn, No ,'J yellow, Ot", OOjVsoi do. ataamer yellow, UlHOCs'ici do. No. 8 yellow, U3J4 WMSie. do. No. 1 rellow. sJpSWe. Hi llttlo tradina, butorrerlnss v er moderate end aioaar, initiation, landard while. . 08' rulei valuea 84())S4t4r Uwtatl; 4 white. ?Jn? ""'S bltTSUoi sample and 1, SSI, 440 llll white, MHttoact No PmtJlT Uaralrle. SAO hhla. tba. In Backs. Trade waa aulal. hut mill limit were firmly held. Quotations per 1U0 the. In wood Winter, clear, ln.7DW7i.do. stralsnt. 1797.601 do, v'trnt. tt.OUOSi Kansas, clear, cotton sarke. ST.y6i77.40i Oo, . atralsut. cotton sacks, l7.S0tfS.ini do, patent, rottun aacke, IS.2o08.4u. asrtna, first clear. 87,6007 76i do patent, 18.2898,70: do. favorite brands. (S.1S 1ttP.40j cltr mtlls. choice and tancy relent, ft.i6(fS.40i do. resuiar srartea. Winter, clear. 0.76V71 dov atralsht, 17O7.601 do, patent, 7,60918. hYU PtiOt'lt was In small aupplr snd nrtn, but quiet. We quota St 0.tOW7..'3 per kbl., aa to quality. PROVISIONS market ruled , Arm . will am Idol wester western toe and alfdrted, SIct bee! Tha pblng demsnd, snd prices of nianer. nt.ti.i, wuui.iionaj moCTa ar, i airariea emokrd, SCci.clty and western ties mnicfeii ana air.oried. a pork, family, iscpss.&oi heme, H, a fair lob warn a ehada bear. In aets. n bear, in seta, i, knucklca and ii nanis. iendere, imokn 2808U! Dork. rurad, looea, Sotriiultci do. skinned, loi OaUioi do do, emoked, 2Ha2Hc; other amoked, city cured, aa tn brand and a nits 01 name, amoaeq ,weeieri boiled, . boneleea, SAct clcnlo eeiern cured, .1.. nln,A ahnltlfli cured, looee, luSicido, emoked. IIH. oicsie, accorams to avererv na loose, 'Jl raraee. 21Mc: do, In her name, vara L oi bellies baton, aa ti. lirand .na avr. aa. ellv I'iUci breakfaat hacon, wealern cured. in at I is to averarv. looae. ItUet b-rtk. to brand nd ave; . city cored. JUr., lard, western, rrtlned, tee,, lfct do. do. do, tubs. 17c; lard, pure city, kettle rendered. In ,tm tfc: lard, pure city, kettle rendered, In tuba, 17c. DAIRY PRODUCTS HL'TTKIt Offerings went ample, as demand erua leaa apflva ana nrlfta . ILSOIj. I.w., (luolailons; . WValern, aolld-packed creamery. i ira, soersooi eatra nrais. tp, aa-iGi nviroiiua. nni isfsarD-r prints, fancr, Sgc, do, aVerase extra, 8dW37c, do, nrata. 83C; do, seennda, I9 034CI lObbtna doti illowina ara thi ouoiatlaiia ih fra nearby extra. Sso per dost nearby firsts. I10.B0 n western eitra Urate, 110.50 per rassi do. firsts, :L'J"'17'-'er'rn Indians end Illinois, waiae,.' nm m ina. aina ,mp n,AA na.. & ...-. ..T. .r,i nrr:i. -:zi,r.r:n- rv.,.","""rn inoiea Jn"rr .Jisea, iut7 f'cltejt.. IM! roasilns 4 Ibi ;jt eld ncseno. aplaCei. reoetfra,. wwtern. wH i. apiacn. sasaii Sir i eld rr.ire dry. chlckena. wetern. wejafc. a, ,... aina urtr. ner oair. Daaa.va.At a j FRESH FRUITS fsa. -- ...... a - . . j iisx '"fSp tvtttii&L lluari. Sm!,,nK..rTrI?-'thiL. 84.1 8.. AlfiMidor. risi a tbi. Jo ,. OoiSti Aobli IIUli llflmai1 ttiai.l.M ' W: .ii1.7o.d8.r.oi Twantv-ounre!: "i. 8."-3ai lien .Da mperta 1 i-IKlli J4aVKnV.r,fc.i7l.-AB1K'KM.'.'l (o. 1. 14081 No.. 3. 193,81,1 uuluea New iSfti. -JfiT. hrVtn 8l.ftdrfI.l6ilamoSs.SrjK sserji sraterrult. Klorlda, er crate, IS.s6lTt cranbarrlaa. Oaoa i:o.i. perbl." JskS 0t m mw, . var cr.ia. I3CB2..H, a. i crata. Ideas ao. Hr, ,i., ' if. Ideas Vo. Hr, ..-' ' T ' "-.. " frajjpeaaneo. do. di vorK, New ht. per fork. o. per buah.-batket. Il.f.0tf2 pr. araey, dark.. Mr ,SS!fS.M buh.-liamBer--Btck'l. ' ll.7S0u.ITi eri.oui nartlett. No. .1. ii.-st9i Wi.,..- r-b. M.h. ...1. .. .ri Iv. ,.rr,.r. ..w-aawa V.v "".. ."i.4.w . . "et von . u y vijoj .piuma. ne ann. uanc I'm' sue. Hheldnn. Jl.iOJri. do. No. 2. BOet basket Concord. Jrapea. new ion SffOOdt Mstara, per baaket Oitni Qreen Oaae, 8001 tv Prune, ti Wet cjuolailona; Weale fancy aneclale. .1701 84(VS4Hci nrsta, 9 lea of fancy prints, .41 44e. KOua Ituled weak and declined 2o per isen or OOo par casa under a alow demand. Kollowlns are the quotattona; In free nearujr exira, per atandard liu. tuna: nearhv par case: waslsrn .extras. current ISO elpta, dost receipts, per siu.su per casei per rsae; do, nrata. IS.I0U8.70 per frtserator ease, extra. SO SH I,l6t0,46i do. aeconda. caeei fancy selected candled fresh eaxa wars lobbltur at aieasasa m. Am Clf lCLHK-Tha market rilla-d firm linear aimall supplies and.a fairly active demand, Quqtatlo-e; New Tork. rull cream, fancy. 2lVsOlHoi do. do. fair to sood. I'OH 2loi do, part aktma, li t 18c, POULTRY market waa dull and nominal. imln atlo LIVE The today bains a Hebrew., holiday. Quotattona: Fowls, aa to quality. 17tlUc: rooetera. 14V 13e; aprlns chickens, accord Ina to quauiy, lltr lSoi white Leshorna, accordlns to quality, 15 Ullai ducks, aa to, alas and quality, 15O1701 pisaone, old. per pair. 2802Sc) do, ouns, per pair, lHtPi40, . DRKS8KD Hecelpta were lleht and the mar. ket ruled II rm on nna dealrable-alaed atock, for which thera waa, a fair demand Quotations followt Fresh-killed, dry-paoked fowls. Is ury-pioked, ..fancy aalected, 2401 n., 4 WO lbs. .SDlaca. 2JH01 r- api ao. weismns SH lo , box. welahlna weithlns 4 apiece. 1"..?'J' ."V. Si wsusina s. lbs. apiece. wveaic, lonive in urns, icpftc(i, incy, 01 West Penn Power Co. 5 Bonds Absolute First Mortgage Earnings more than 24 tlmos interest requirements. Tax exempt In Pennsylvania Price at market Yielding 5.23 Particulate on reauest or Circular PE 69 The National City Company 1421 Chestnut St., Philadelphia New Ior! Plttsbursh Bostea A Suggestion For Investing $2810.00 For the invettor who wiihei to place his saving! in sound iccuri tlel and obtain divefiification, we have selected a sound bond, ten shares of preferred stock of an unusually strong company, and ten shares of common stock of a com pany that is recostnized as one at the most substantial in this country. TL ....ij r .1 ... a . s lie average jricia or mis invest' ment( combination is over 6.40. Details will be sent on request for circular fNo. qii. WOIiamP.Boni,right&Co,hc. MORRIS WI8TAR 8TROUD, Jr. juanatcr 37 Chestnut St. Philadelphia nan- a era lAnden Basioa Delroll I-arls Wm. P. Monbrlsht Co. Danbrltht Co, Massachusetts Corporation A Massachusetts Cor poration, having over ?20, DOO.OOO of assets, desires to secure tho permanent services of ono experienced salesman on a liberal com mission basis. When reply inp; jflve a Re and experi ence. J 744, Ledger Centra), The attention of mining men and the investing public has turned to u the remarkable develop- "Lfc.1C,' mentsinthe "t VJ& :ov .. ..,..,. vie opt;uiis.BivB Jet ,ttve Net possibilities of VvHJch are indicated by two mirw of note Unitud Verde and Un!t4H Verde Extension Ts ,tjall(4 TerSe Cse Ulae .eras hi)! r. !, Clara st ,. 600.06 tad aas staea psU searly O.DVD.OQ ainaalMS. PTMS isles wss awMef lara fears rents Sistisr aad t"ew a fjslMVenlaltjieaelas, 10. I'Ml Bstaaeles wss ae4Haf lara fears ev ai renia e ee.re a la as arasaa sec Verde end tba I iss sash aalaaa aa tjreea MaaSfe.r ;MtaiM,a( anis nlalMat asaksastM MAP fMMH IJlfXr HetSsssfiefikeeetJr JKHBMB9.VSSKIMI BISTSlMMr ' Jeraieia Hull CesserJe rensaVlatsr-rMlabar.t. r?"w un aM4lie Jala.BBaa m. alalal Mlfett Terale 0mTUii4, ifter a. tSereatl. la.eetUa' atatrlet, r skHsHeil tas SfefjarM a awadal sa statlalMl eats aM.ttXu re)Ua)- aa4 L leemsrM T lFeJrat. JONES & BAKER 'SBSSsSSSSSSSSSSm JOKli h AKB. irieeeer t,., ri41aeWskls r trtWe tmt SfaSsaTSaTal 9tQt M VlC JOfMSaV TSSrajl SSaasec eaaaaj 0 .ajBA all talS 'arSTtas. lrpt,4.4i4eaa...l,.i,,i,..(a 'aj'H i.nx.w.iH,,,,,,,,,:,,, .w.e..eee4...., .'..,.,,.. ,.,.,.,jji. S .....:... tails tai mi-f l '-ryBf'111 .r 4 . ui mtl v UI4W111 an sa 1 Hinss