.. EVENING MP0ER-1?BILADEL1?HIA, WJJDKEDA OCTOBER m 1015 FINANCIAL NEWS SCATTERED BUYING CHIEF FACTOR IN DETERMINING TONE OF MARKET , . . . i . i ' Lmdftrs Are Averse to Trading Until After Election. Banking Interests Devote Attention to Arrang- ' ing New English Loan Hlffh Points in Today's Financial News Sitk market closed slrdnp. Wheat nnd cotton told into k'r hiah tcrri' any. Fr4ft exchange, dull. Firmer tone in momy market. llllnoU par cent per cent. Central ineried dividend to 0 per cenl basis, declaring 1 1-M tnuirirty. National Ilefinlno declared celra dividend of l -J sVasm Minora paid KM awutcna of $t.,j n prefirrnl. $ii,J;,iOO more tM wrivtd in New York from Canada. Price of bar silver unchanged. t. NKW YOIUC Oot. 18. Today' market furnished evidence of the power of the scattered buying, which In nt prcnent the chief factor In determining the market tone. Nearly nil tthe operators who ore regnrded on market lenders nro nverso to trnilliip; until after election and few of those operators vrero wllllns; Uj even express; market pinions. Banking Interests were railed on to devote their attention to arranging for the new English loan, nnd those actlvo operators committed to the hear sldo wero aret too crippled ns tho result of Monday's nnd yesterday's ndvanccn, when they vrere forced to cover shorts', to nttempt to put out fresh lines of shorts today. As the result the outside buying exerted Its full forco In rauHltiR substantial ejulns In ninny Issues." At Intervals tho trading element on tho floor worked for a. reaction, but tho stocks offered by tho traders mere quickly absorbed. An Incentive for buying rnllrond stocks was found In tho action of tho Iltlnoln Central Railroad In Increasing Its dividend rnta from 5 to C per cent. This Is the first road which has had coursgo- ciioukIi to make Its dividend dis tribution respond In part to tho heavy Increase. In net revenue, nnd It Is possible that Its example will bo followed later In the' year by other systems. It Is Rener ally expected that Union Vaclilo In November will Increaso Its dividend distribu tion nnd such action by It will have far more Inlluenco on tho general market than that of Illinois Central. The most Important price movement of the day was an advance of 15 points In Industrial Alcohol from 127 to above 141. International luper, with n koIii of 4 points to 49, made n new high rccord.for recent years, whllo tho preferred stock made n, new high record, selllnt; above 103. flood gnlns wero made In tho leading stocks, like United Htates Steel common, Heading nnd Union Iticliic. Tho tone of tho bond market was Irregular. Tho pending arrangements for Si new English bond Issuo caused n heavy tono In tho Anglo-French nnd tho ;On!tedKlngdom -of Oreat Britain. ,but tho lastimnietl Issue, after selling nt 9, rallied In the lato trading to 99H on heavy dealings. Chesapeake and Ohio con. vertlblc? Cs wero In good demand and .Southern l'uclflc 4m weie nlso nctlvo and trong. The, Marino 6s rose from 98V4 to 98. Tho Distillers Securities In ml Vanced from 7SV4 to 74. .1 National HcfininK Declares Extra Dividend CLEVELAND, O., Oct. 18. Tho Nntlonai Hollnlng Company has declared the regular quarterly dividend of 1V4 per cent nnd an extra dividend of 1 per cent en the common Btock, both pnyablo November IB to holders of record November 1 These are tho same amounts ns were paid August 16 last. Illinois Central Increases Dividend CHICAGO, Oct 18. Tho Illinois Central has declared n quaiterly dividend of 1 per cent, paynblo December 1 to stock of record November. 9. This Increases the annual dividend rato to C per cent nnd places the stock on n quarterly instead f n semiannual basis. Heretofore tho dividends have been at the rato of C per oant per annum NEW YORK STOCK SALES Last close, Ittch. GSH' Mi at 12 7 25! 80 7W 10; jsrjnc in 4,,,. Adr Rumely pf Alaska Gold M t Alaska J dold M...... AUl-Clislmeri Mfc ., . Allls'Chal Mfgpl Aid Ac Chemical ., Am At Chcm pt Am fleet Sugar..,.,... Am Heel Sosrar'pf.,.., Am Pan ... -.X AW Cat U YAj. ,,.,.,. Am lotion uu Am Hide & Leather... Am Hide A L pf....... Am Linseed,,, ,. Am Linseed pf Am Locomotlre. ....... Am Locomotive pf 1 Am Malt Corp . . Am Malt Corp pf ,.... Am Smelt & Iter . . .. Ampmeif & llcf pf ... Am bmclt pf A Am Suear Ileflntns..... Am Nteel Foundries Am Tel & Tel.., Am Woolen...., Am Woolen pf... Am WrlUns V pf SOJs Am zinc, u & h.tu .. . A7, Am Ztnc, L & Sra pf.. . Till Anaconda Cop M O.'IU ANOcUted Oil ,,.. 07)i 12 11! J 2fl 81W fcOH 1U1 IOW, Close. mi mi O'JH liwH 100 100 (11U 117 MM Ill's' 7714 25 58U 7SH .11 12 7 25H 80l 7SH 101 01 100 00!( imt IM rur m 78J 32 12 26H HI 70)J 101 100)1 100. Gll 07H SV'i 10 7H at 8J AtcaTop ISr, 01 K B7)i 67H 20 71) 20'f (W)i 71) 1054 105i 105W 103U . lOJf II !)!( 10! i . 40l 47J( 47H 47s .110)1 111 11U 110?i IWH U6 U0U WMi . Dili 05)i 'XM U.Vj .117 117H 11' 117H . oi am in oi .1&H IXiH 13 J 13,1 . am .vi ma . as 08 os Wi 40) ( 48)i 47!( 78 78 OI)i 03U OS GS 10U)i 100H 100 XWH 120 l)il)i mu ) 08 414 47)i 78 01)( 118 I00 120h UU 07 8S 07 iai MU L5tj Kill 177 .nifi uvi my, iwi mu ooji us 034 13) i i:i), mi Mi 'MM :iuii 1UU 01i U5)i 84 U 8tU 844 128H 128H 128), ua ua ua KXI ...I7d ... 814 07 Wi 88 157U 10) avi oi 23),' 24U C2)f f2J, 1704 177 hoj. hin 112 Mi 214, 55U 514 33)i 48 Atl Coast Line ...110 Atl.Oulf & W I WW AUQulf & lpf 07 Bald Loco Vvlcs ,, Kt Bait & Ohio ,...s.. 88 Batrctt Co , lat Butts & Superior 034 Cal Petroleum 21 v&i j-erpieum pi., m Canadian lacino Central Leather Central Leather pf. . C&w & Ohio Chicago Oreat West..,, 134 Chicago Oreat Woit pf. . :i04 Chicago Mil & St 1'.,.. 054 C QU&St I, pf....... 844 ChW-aso & North eitera . 12S Chlcass & N W pf .. . .108 Continental Can,..,,.,,. 105 Continental Can pf. .... 110 Col Cat & Etec 30 Chkato It 1 & J'ac... 244 CaUe Copper,. ..,,...... 21 CbJao Copper..,.. ...... 544 . Col Vuri & Iron.,..,.., 54 ' OI Eoutners 31 ComptT Keo Co.,,.,,, 47 CwO EL & l'llal....ll7 tCooaoHdated Oa 140 Corn Products ltf , 174 Cora Product! Kef pf.,, 014 Crucible Sleet,.,., 854 Crudeta StaM pf 12 J Cuban-Am Sugar ,10(1 Cub Cane Kugar., .,.,.. 05) Cuba Cano Sugar pf..,, Vtifi Smt.& Co pf.......... 054 DorK & lib) Or pf. ... 424 DttUU Sm Cofp'B 45 OeeaeMbM , 244 Detfolt Mitoa ,.141 D18S&AUBf,.v. 12 Xtbi lit K ...,,.. 5.1 tiaoeral leoUlc.,. 181 I82W 1804 181M OMeral Motors pf 1244 1244 1244 1244 Goodrich B y. 734 7t 73) 7J4 Orsnby Coaaei,.,, W2 00 00 00 Ore NortWa pf ,1184 1'84 1184 1184 ,CI K cia for om .... 43 434 424 43 OreMMVCaaatwa 614 624 At 53 Omit SUtMStMl.. .,. U4 044 01 01 Gulf BUI it pf.,,., 44 84 04 01 UUawUCMt..,. OM t0t4 J094 1084 hwONOit a 844 34 01 UtHarrX;, .UHi 117 118 1104 pmuKIIim,l7ti lH 174 18 aw ua vsqra H..,,.. ilH m 1st Patw.,. ...,.,..,.., 44 514 lit Papf.. .......... iK BMK JUUNklCTtest.....'... Uii SHU IsiMMsafav 40W 4t4 It,. U IX lif c U i....lUiU inn 1UM 117 pVWSl I otPK W (Ij OV Wli llU..,n,li.lJQ. )10 i Crty sssumai.,... ,J74 icnriMfrmtt... ii am .... ITU TU .... IBM mi ttrW LtU I .. mMm & & I IB.. ......... MSR1 Vm. i4 100 iu 38 'i i'J' 21 55 534 3,34 474 1174 117.4 1174 140 YMH 140 184 I7;i 174 024" 014 014 874 85 804 1224 )22f 1224 .111 201 201 6fl) 054 WW4 05 42)f 454 24)4 1414 1414 1414 12 12 12 39 3S)( 384 534 53 534 1824 1804 181: 07 05 434. 40) 244 100 112 3D 2 MX 53! ( 544, 334 48 054 07 05 42)X 404 214 75 754 444 514 mi 104)1 54 MM 414 444 vmu llfran. ,. kWOM Stacutt., W Ms 1st tt cm m Ml llotOW Ikt Jt UatBons 87M 87 1034 105 100 1114 m m 7 1 M.... 1364 Pit 2m m 8ft? W Wi m au ais WH 14 its li mi kOH 4 mu V 87 104 105 1094 IM -mi tf U7 mh mn 6H U m i UftNi '33 Alo Knn i Teia 5 Mo han ft Texaj pf. ... 15 Montana I'ouer 014 Nat llNcult iis Nat Cloak ft Suit 83 Nat Knam ft 8 Co i84 Nat tad Co OS'X Nov Con Cop , 224 New York Air brake.. ..15(l iscw lork Central... New York N II ft II New York O ft Wont Norfolk ft Western .. North American.,... Northern l'arlflc Ohio Cities tlat.' Ontario Slhcr Mln... 0en4 llotttu Mach,. PacincMall ,..., PaclHoTel ft Tel,... IVnn Itallroad ..,,,, Philadelphia Co I'lttfL'oal rof dp..., PltU Coal pf r or dp Pltti C O ft 8t L, . , Preasvd Steel Car Pullman Co Ily Steel Spring liar Con Copper. . . . , Iteadlnn , Hepubllc I run ft 8... ItepuWIc I ft 8 of.. . Saion Motor 70 Seaboard Air Llns 17 bcalward Air Una pf. Scam, Itofburk ft Co, I.nat cloe, Utah. Low. Close. 54 5 144 144 on 014 1304M2S 834 KM 2S!i 704 224 150 1074 1084 . 004 014 . 274 27) i ,1414 1454 113 704 70 70 54 14)j 00 ISO 834 284 704' 22 i 150 1114 1114 1114 h." 04 05 274 384 5S4 4t)4 374 .111, . 844 . 04 . U1X . 20 . 37 . 5i54 . 404 . 304 .1004 1 07 . 82 82 . 08 0S4 .170,4 171 . 53 51 . 254 254 .1084 1104 10SI . 754 754 .1124 112, 112 70 70 17 1 284 G0 224 167 1074 108 01 01 274 274 111 0 83Jj ow 014 204 38 58 40 304 107 82 074 171 534 844 04 044 204 384 68 404 37 107 82 08.4 171 634 254 254 ohs no 74 754 112 70 17 384 3'J 3S4 384 .215 2154 216 215.4 8!o3S-Shr H ft I Southern P.vMe. . . . South Porto It Sue 205 210 210 southern lly 204 204 29 004 01 IDS 00), 1O04.1014 11X14 101 10 . 184 . -34 .2244 184 224 Southern Ity pf. Standard Milling pf. . Studebaker Co....... Htudeuaker Co pf. ... St Louis ft 8 K rl Tenn Copper , Texas Co Tea at Pact He 13 Third Avenue.., ,j 68 Tobacco Products 60 Tol bt L ft W o dp ... . 04 Union Urns ft Paper 144 Union llaj ft Paper pf.. 07 Union llaz ft Paper X. . 024 United Krult 1014 1014 101 Union Paelftc 1484 160)i 140 US 0 1 P& F. ...,,... 24Jj 204 244 UDUIl't Kill 611 j U H lnd Alcohol 127 Unlttd Ryslnv.. .,... 04 Uultnl Itys Inv pf 224 US Itubbor tM)4 U H8m It &M.,,,., 72)i US Km It AM pf 504 08.4 (04 084 ,03 03 03 1324 1324 132 IU 111 111 184 234 225 134 584 611 0)X 18 714 UJ 204 cs;. 03 1324 HI 184 234 2224 2224 13 684 55)$ tl 144 084 ut U S Hleel Corp'n. . U H Stoel Corp'n pf 1204 Utah Copper 014 Utah Secuittles ,., 174 Va-Caro Cham ,,.. 42 Va IrdnCoal ft 0 44 Wabaih 144 134 5S4 554 04 154 714 0 101 14UK 20 57 504 504 I41W 127)i 140 04 04 0W 244 224 234 01 U) 1)04 7J 73 73 51 51 51 1134 1114 1134 1134 1204 120 i 0.14 014 Wabash pf A.. wabaih pr ll , Wells Farto Kip Western Union Tel West K ft M Western MafylanJ Wheel ft Lake Erie WUeelALKSapf.,., Willri Overland Willy OverUDd pf Wisconsin Contral Woolworui K W pf Worthlngtoa pump Worth i'timp p' It . . . Quottd ex dlYtdnd. U'04 0V 18 434 474 MIX 534 304 l.ti 18 174 414 424 474 47 15 114 51 CI 534 204 304 20)1 132 '132 13.1 1054 1054 1034 1044 02'X 014 024 02.4 30 ",10'X 204 204 24 34 24 24 34 24 2 2 454 454. 45 45 ,1034 10.14 1UI4 1034 404 60 50 50 .1244 124IX 1244 12MX . 31 31 33 33 . 00 004 03H 004 FOREIGN EXCHANGE UnVT YORIC. Oct l,In the early dealing! today the foreign exchange mar ket showed a oontlnuod lack of activity. French exchange turned a shads easier, while Stflsa was firmer and aterllns and Dutch exchange held steady. There was little feature. Quotation! Remand jterlln- 4J54, cables 4 76 7-16. elxty-day bills nominally 4.71 4 4.71 , tiluety.day bills 4.69UJI 4.Hf frano cables 6,8J. checks S.8U. ( sle)MUtarks caUtt 70 8-16, checks 704 ; k)r ! 6.4Vi. checks 0.44; tlwlss mMm l.TH. stMeks MK: Vmmm MWies If. ll.l; aVMHlllMtVlAII ItfMMr WMts M.4J, afcaeks MM', fma tHt to.lt, ekMk M.1H aitlUltr 44mi 41, Urn X-W. tMks 4lf.ft, 1H Ml: ruUa .lt. obacks Jl.19, ' BATJWQR MOaNKY fc'v.-j::;::::: ! lTL "v- unf. i f!3f tgartirlnru uu- BANK CLXAR1N4M ! Hit W4r niissssiisl tU ' ttM 5'"W aa.1 Ma im OmXU fpf.-M . -.. - fcT New York Bond Sales 11000 AAm Ukprets 4s atK") Atnar.Aar.cv Cs . &011U Amer Cot yll 81 itsuiHi AnsiO'ir o It a.: eo if "snh- . D'.l'l ,. ST., .. l4 .. as . . n.i; ..im 'I .. m . . tm 4 ' nils B aiMMI IVnf l.ifh.r I.I f.a .lirjH M I-ml VdC ' . . . I'll1. 3(HHI i) l,i 4a., . . !..; $MI Cam ll It N J rrs On. I ln mh kin Cit.rwr 7 ... KsS IIIMHI 'tie ft Ohio t )'. s DSOiMJ do ir Si . 0(1 j .MIOil Chi a Alton 8a 110 41K111 1 ,11 , Anon ;i a . . . r.ii( .limit fill lit Wnl in ... 111'. r.lHHHl I'l.i N tlrl, M Itldl lit), IIHIIIO ('III i:n HI 4'.i. . . .lll'l'J iinikio t nl II t VI slnt 4a.. wss .,in,, uo sail 4tt vark Iw, Cloaa, PO (ajll Am I'uralan inhi Aiiwr Hmrlt a mat Ainer fil clt 4 INSt ,Mlr Thtwaii 4a . amil Ama Vrrll i'an Aa Iihhi Ann Arbor 4. ... IS'HMJ Artnitr lln lUl . Mihhi Atrniaan irn 4a.. ix Allan Co Una 4. Us ftNi lliu A Onla S'ta. JM.KKI ,u t, Jism ,to 4a . JMW ,lo rt 4Ha ..... 1WW II I) l I. rt A Vf V IMXHI Itrailan fop t, lnui in-uvK.tn II 1 Da 1iiii da as mil aiahl ih,. ii..v &. iuji IHOTHI ilo iichI 4IMHI ran Uutt r,a lu.lt SHOO C C t;en 4a :. .. TdiMi it nitafi (.1 or (la 8a JlMI Chi II A Q III 4a .... t ll. ftoim Clij I mi Wrat 4a 7f 7J liaiini Ctil 1.1 nt 1' rfi1 l,. ItAtaj K 1IMIH mis S.l 1U ! 4 '4.. pa.l . .ImiS . H4'i . K'l '..SJM . JUll in rid la I"?S K"S Urn l:K' il, li : . . .llli'i ln.f' (treat Nor lat .. . ..loot! Iimti Iowa Criitrat rat 4a. . nil), t,V r.A . II3K . tm! .101 . TJ'i , M , r..i . "IS fi.l v. aiioo ,lo nan 4 a .Hhici do ip (1 IniiiMi ,1,1 .v 4'4 MIM111 CM n t V rM 4a 31100 ilu fcj SlJlHhJ , 4H soooxhl Itwr r.a... 13J30'i t;iir uf l'rla is... V.iihi 1 urn irtMl &a lu.1l IKMMI Con Ua cv ..... iihhi 1 uinticrMfin Iri r.a. .inrd i,i t nun rrn 4a loiHMi ii.iriiit 1 mt.l i'liooo Ilia Hciir Cur luiaai j..r tf, 11 4a llmal 1I0 ronv 4a Her A 7.V11111 do ronv 4s Hr 11. .".'mil , iwiv 4 n,r 1). .'"nil 00 lat con una, niMMI IdlMI Snnoil V7HIIII Intarb 11M 1'l.a ;aW 31HKHI Intarh II T rat Sa . . Hnt4 Iihhi Int. r Mrr .ilar t 4',a 1111 SIIIihhi da Ka VH lo'Hi Initrn 1'niur na lui I'lii'O int ft (It Nor lat .". I'1'4 V'UHI Jiipanrra iipw II K I'm K1S 3'hki Jmianrae ni'W 4't... 87 . .I'lll'l X. 1 i-t H ft M 4n . i"', .iihhi Kan t Ity Ho fta . ... ima I IWH l.aikn Stvol &a 1UJ.1.. II'J' r.ixiii .1,1 r.a i'imi .... . nn '-.("HI Iwi(isl (Ijb lat f,...I(IL! .naai iiku flltro rll SVJB. MllMl do ,,l, 4n 1112s ,,, IKHI I.Ik ft M Aa . . I liion lx.rlllar.1 Aa Illllll .Mo U.i.l & f lt 4a lllllOll ilo K tr 4a . ... L'lllMI Mil I'ac it. 4a .... I'NOOOII do w I 4a . . tt1l.ll (In ,'tf rf T. 101)1111 Nat Knam nnd Ntp Ca.lOO .11,011 KHgftu lilea 4a. . . 74 I.Mmmi . 1 At- iiriikv ,'t iIh,Iii: ltOOO NYC 11 l!a a ll.ITi Hiaiii do 3t . . H. hi U'OUII do 4tS U.I I'dinl N I I Ht 4a IH.1H lill'i 4(HI do III.MI ... .III! ,41X111 lo irt Itm lIM'.rt . IlM'i I'OOO do 4'4a IDII.1 10UN noito do I Ssu UMir, H'UTa hO(ll) do 4Vta Nov 11117 .II111S .ii'oii no I'.a Itty l,7 111:1 -.."(1(1 do 4'i.l .Nov lll.'J . i-'onii N V llwy H.I I Sa S.100II N Y Tl Kvn 4'4a .. luuoo N Y W C ft II 4(11 .. miKi Nor lMr iirlur 4a. .1111111 do Ken in 10(10 Ontario l'o-er fia. ,. ftoim Ore Short I. rcf 4a . limn Urn llwy ft N nm 4a. 111111111 l'acino Tel Ga 7IHHI I'eniM '.'(inn IVunn ZMKHI do Nihki IVonlra U.ia Sa jHiiiiii riiiiu Co conv iikhi l'uu 10 Kerv iihhi itaadlnir men 4a ihi 1000O lien Ir 4 H r.a.. . ,100 Illllll lllo (Ir ft V lat 4a. . 77'i .luuo itv nil nprfa r.a iai. nn IIHKIII Ml 1, ft H f in w 1 . ,, r,7 i.inin'11 Ht 1. . ;i I" a.r Awl. loon do or 11 r I Ml ROOII St I. Htvn pnn 4m.. . flu Iihhi Mlun.l (lua ila Uiiti 30H(l SaalaiardA I. H.1J Cs.. 117 H .iiHio no 4a . . ... -' HI do rM 4a. . 7000 South Hell Sa. n.liHHi do 4a K3(l'Hl South 1-ao cv 4 ilixiiai HMHHI llllftll Bnuth Too Term 0a. lOO'iii Mouth Itwy Ktn 4a . IfL'ono do con A HKHHl Texaa ft I'ao lat Sa . 2IHHI Third Ami ndj Aa ,,. IIBOll Toklo Sa 1(100(1 II H H ft It Ha 7IHIII U Nleel a r Sa . , 1014000 I' K U II ( I li Iihhi t'nlon Hair ft I Sa... IL'IKHI Union Tan 1st 4a ... riiiiu do cv 4a IsofMi do rfd 4a 1 Iihhi Union Itwya a f 4a liiiiim V11 Car t'hein B.la ., 411011!) V llwy A i.'tlln Vji ltnv ir 1niw f.B . . SHOO Wnliaah lat Aa 40IUI Wali-1" T lat ct I pd 4a .14 8.1(100 Weat MJ lat 4a 74 liHHHi Weat Shore res 4a..., RoH 111(10 do 4s .. Vi'i l!(ln Weat Union 4Ha .... P71I LTKHI Wlieelln ft I, K 4a.. 7tj L'liOOO AVIa Cent sen 4a .... 8(I d3 lco'.l S3 lia't IIS i B47S I'Sjt Ill's IU iniU !!1H p pr,? h7i nTH pw iiw lmi',. lnuli IiioS li'"S Jia'lS liairt 1UIU Ml va lUi4 mi II Si's aaa.fi tin. 8"! Tn' 111;. loo' UV H3S till ?. loilji lOP'i 7a; ojS ..'. 111 UK ISO' lIHlS '"IS llul Iw'.l U7 tS'4 .s lia.S 14 Is i'.i Bits I". I mils linis )i)l cu, va Jiu'i IMl'b !"') lint, lai's vh, miS tll'a ,0-4 1l4, ion IIH va HA in liie'l tol 7AC tiXJi hi la lli Vila va si( JS t, 7! inI 74 H7H I (111. i3U vnS till IIS III-' HSU HIS B'S 7S uo'Vi my, Vl4 lie n:, li.', U Kill, lm .77 ti l4 r,.i I r,:i'4 10(1 74 lin". 113 4i V.1 HUH nil luiS, lnu's lii'i IIHIS limW s ii ni. 74 h7S )HV IiihS li'."!. IIHl'i r.ii iVsiJ IIH. U8V4 III J HI J, liii u.iji mi. 77'i SI .15 (US r..m luo 74 1IMS 11.1 mi's mi lill'i lOUVs nm' I011H nmjs limti IH 10 1C1 oa .....1(11 U lUl-i, 1 4a 1UIH ,. ., ii'iU v 1111V, 1 En it 4'sa .. ncU lll'J'i 10'J'i en rts. ...lillH 1(1.1 Kljts plea u.ia Sa i"'i)i lU-'H I'lZ'.s la Co conv r,a ln:2, U'JU ft'.' Iij'i N J Sa. IU' llj'i U'JTa llliw UTS now Kin's lll'IVi lllM'll r,l r.1'4 1IN V1V. 1IK 7SIA 7.1VS 7S U.l'4 llj !M IHI4 4 ll,4 US 111 U,1 114 114 04 OJ'i V2U lU'i on r.714 70 Ml 4 . KIIS . 07 .nits . UN kS outh I'ao cv 4a..,.,. KHS do cv nt r p Sa....lo.1 do rM 4a Ullli 81 711 .ltWtt . ORli . 78 :.I?5 .liKiti IIBs. tlll'-i , vn . U.I . IM'4 , 3.1 .101; .i? s 1I1J 10(li HV 7-l 11:14 117 US IH 3.1 im; ll'HJ HNS. lo IS ;jw 8U . i"4 7 SM'i NEW YORK COFFEE MARKET NEW YOrtlC, Oct. 18, Tho market for coffee futures opened one to four points lower this morning-. Trading on the call was only moderately active, with snleH amounting to 67S0 hags. Today's Testerday's October .. November December January .I'ehruary Marrh . . . April .... iy June July August . , September llld. ;., opening1, H.ou A.'s'i 08.43 8.41 e!4408.48 !sJOS.S4 8.60O8.01 rloan. 8.4Ut8.44 8.4ses.44 8.4'.'OM.44 H,44tS8,4A H.4nK.47 8.480H.4U 8.82(1)8.83 H..VIrH.BH 8.II0O8.II1 SOS. K.8TH.III i.e.l H.II4 H.R 8.7208.73 American Window Glass Pays Well PITTSBURGH, Oct. 18. American Win slow Glass Machine Company has declared a dividend of 12i4 peiSceni on preferred stoclc. This makes a total of C4H per cent paid on the stock within a year, or 1 J.SIC, 000 on the Issue of 87,000.000. V? 7,023 Investors and Traders receiveu at their own re quest the current issue of the Jones & Baker Weekly News Letter Oontalolos tbe latest dependsbls newa on tb resources, esrslnsa, dlsl,leDl or detflnpiDeoH of 40 to SO mlalDS, oil ao! loduitrlsl rompssles whose slorls art trail. ed In on th New York Curb. ftnl for 7onr copr f lbs Wrvkl News letter lo-8sy mm tbe roupoa below for current Uu 7'.'V T.U. -.NoIIiIiib lo atl Out airvict." JONES & BAKER STOCK HHOKKHS Wieener BU., PWUJclpkU Hell, Wtlnot 18901. Keistoue, Use SIV0, ilrf irtttlt ntrt: Srrr VorW lloaloa rklrniro I'HIalnirKh JilSHH htHf.H vutott1 pui ruuttitHt, ro. Otallenra; I skull bt Ut I resls yvmr iretl 's JUIIar. "- ' Vt r4 ,...-, ni,, ............ !,.. JSO-T.M, 4 e votmou, il n4'. Out t Voef Co, 1st As, ISM. MujisMCea' Wva44atut A Claa 1st U, iBiliiijwpeHs XrHM Tr4laa Is4 4s, lt. IrttitsiisifssH CMw . , . ..., 09. 14 a, ittt. MEU.OK 4 MTRY V. V. at ftksk. MsMb SM eOMMaatHAL VsUICT Ssajss.SlsUM ; rzjm SUBSTANTIAL GAINS RECORDED ON CURB American Wriling Paper Contin ues Upward Movement Min ing Stocks Are Strong Ni:W VOllrf. Oct. 18. Although there were fio Imlllsh demonstrations on the llrond Htreet Curb In today's trading, thee marltet showed a strong tone and the tm portant movements wero ngsln to higher jtrlcei. American Writing Taper was one or those which showed natural strength, continuing Its upward movement and sell ing at 47W. A number ot mining stocks wero also octln and rtrong. with Dundee Arizona th most prominent featviro, selling nt Z ohr 2i. 4 number of new Issues appealed 011 the Curb, among litem California l'actdnit which sold at 38S to 37', nnd the new Tennessee-Copper Coriioratlon, which was traded In at 19 and 19 U ino Concentrated was In better ildnnnd thiin It has been for some days, udvanclng from 4H to 4 4,. with the buying based on knowledge of nddltlunnl new and favorable contrncts. ' Some of the motor stocks also made gains, (lencral Motors moving up from US to 169 and United Motors advancing from 66Ji to 07',. Maxim Munitions were traded in from !4 U, fit,, nnd Aetna Kxploslves ranged from 11 H to Un united Alloys opened at 61 and dropped to 60'i, and .Submarine declined from 43 to 42. V Mldvale Steel, which opened at CT,;, de clined to CCU. INDUSTHIALS Aetns tlsploatves Amur Iran Krltlah Manufacturing .iiiernari Ainrconi Hid. Aake.t. ranmllati far t'omnany ........ fanaillali far atict Kuundrv pfil... fbesrulel .lotiira Curttna Aeroplane , Ameraon I'honoaraph Ilaakell ami liarker far Ilemlea Manurarturlnir katluullmi llronca pfd ,... Maslln Alunttlona Manlmttan Tranafor .Ml.lvol" Hleel .....IX lltla Klovnlor I'eerleaa lotor ,., I'iKile llnslne H M Kr.ae w I Htandaril Motors Nlmmliera; Motors ..,., Hubniarlne Trlanale Kllm 1'nlteil Motora ,.,..,.,.,,,, I nlted 1'roilt Hlurlnr ....... I'nlle.l Mtatia l.lilU anil lleat do pM Whllo Motora '; World Kllnt w , an , tt.1 ,17, , sir . . ltl. .. 1.1 .. 7'i .. 87 . . 4U 07. it llllnol Ijhln I'ralrle IMne Htandaril Oil of ciini. 4 :::::5,& TANOAIID OH. HTOCKH 'JSI S7S t.vi 4ns llfornla 3.M Htandtnl Ull of Near Jersey 1 or .Nellf VorW . Htandaril Ull rrriiKit ntr. Mi-nci-a Coaden Oil Comlell Co , , , , , , , International lVtrul ..,.., ,, Houston Oil IIIIIIIIII. Mldweat Hennlna: Hapulpa HellnlnK , , . . MIN'INO STOCKH Atlanta ......,.. Ilutto Copper ft Zlrto Ilulto ft few Vork ferru (la 1'naiu .... I'lrat Natlonul ..... Florence UolilllcM .. tleldllrld Merser ... UeclK MlnlnK ...... Howe Hound ....... Jim Duller ., JiinitMi lKtenminn . . . McKlllley'llarraKh .281 10 Kill ir. 7i IS 8S M 311 VII Masm.i , Copper nji Mlnea Co of America 24 Nlplaalna; .Mlnea Co 7 Han Toy Ht Joaepli lad Weat Knd Consolidated .... Willis Oaks lJON'DS Cerro da Tasco Ca Mldralo Steel Ca Itusalan 0'4s IH 1R4 07 4W UVs 2,1 as 411 78 SOI 31 41V, JK ". m cne; in r. . 14 S 311 87 14 23.1 380 470 3S1 IU) I 1133 1SH i.t: in 7-. H tt'4 8H fl.1 8H :.", 'Sis H 20 ID 70 8 .117 . 88 .100 8'1 '14 lie 101 8H Listed Bonds In our monthly circulars we are publishing a series of articles In ex planation of Investment Hanking terms. Our October Circular discusses the subject of Listed Bonds In detail. The circular also describes a num. ber of attractive security Issues offer. Ins; Investment Income rang-lnr from 4l2 to 62o0 CotWe telll be funiUhed on rtqutit. Edward B.Smith & Co EaTlsusnsD 1802. BANKERS 17 embers jVaio Ytrk end Fhlladtlphta Btock JSxchanpts 1411 CasaTMDT BTm Pbiubsxtku 80 PINS HISSWI NSW TOSK 18sBBBBBBSSBBb9'C Organized 1807 We offer a prompt nnd highly efficient service for .handling the accounts of 'individuals, fimis; banks, bankers, corporations and estates. farmers and Mechanics National Bank 127 Chestnut Street Market Barometer The current issue of the Market Oaromoter contains a review of the leading curb Issues, among which are such companies: Aetna Ksvloslves Osroon Hteet Coaden SV Cu. (Iresn Monster Mldvale. Hleel Motber I Aid a Ohio Oil United Western American Druir 1 Atlanllo Itonnlnsr lap !on aat Hlnclatr Oil )ruir Hrndlctt Mojat Tunisian Kortuna lodapandence Molata Tunai Nlplaslnt; Mlnea AUlsUna Consolidated This gives some idea of the scope covered in this publication. Copy oh Request Carroll Felter & Co. m Finance IWg., S. Pen S. I'HILAUKM'HU, 1'A. Ksrilsm, Kara 40IS Hell,. Bum 4118 Malu OSSWal 11 Ho4rjr, K. Y, jtjwimimr- ittifr. THK UIKAKU KAT4ssVAL HANK, Phida.lWs, OstobwU, 1 reetors u I issr eefll ( of oualnaaa Or XStrVU w - vlsrspika -M2 iUtUUm WWs. Jr.. Vlsw. Sales in Philadelphia ltlrri. Iw. Altla Insur toy 10H 883 Am Ity ht 100 vsii loo Am Woolen 81 81 II II H t C 6714 87H 10 do pref. 81 61 X30 CrudKle 8 8H4 'H ts Cam Iron. 43 48 111 Cam .Steel 148 138 10 Col P ft I 84H 8M4 18 Kleo Htor. CV4 V's 80 Kim A IV. 80 80 118 (1 Asp pf. IS 13 80 Int Mer M 4t 41 St Ky rlec I'f 83 83 100 Key T Co ItH 1'H 3t I.k 8up C. 14 14 100 !.eo Hub.. 43 43 in I.eh Nov. 11 IIS 0 I.eh Volley 8,1 nty, so lx?h V Tr. o o 33 Mlnehlll .. 61V4 8114 30 .North lint 89 88 813 I'enna It It 88 Vi 8114 8 l'n Halt M. Dill, 8814 lllo l'hlla l.leo 38 3i 41)0 I'ltT tr cfs 18 lt 130 IleaitlnK...1l0Vs " 880 Mo Itwy .. 39 XII luu do pref. 89 89 83 Ton llel . 4 4W 30 Ton Mln.. 6 so I'nlon Trac 43 43 sio in n & r 11 i484 3ls L'n O Imp. 8114 89 8080 V a Steel 114 113 38 Wabash .. 14 14 1013 War 1 A 8 9 9 36 W Jer A H 80 80 so Cramp A S 80 so Net Cln. cHe. 30 V, 100 1 81 14 81 14 81 14 88 W 48 133 8 81 14 89 68 3 13 83 1 83 3 13 14 14 V 43 371W 14 83 t 30 81 89 88 90 38 19 . 110. 1 B 1 09 4 e 1.18 43 11 3 90 1 114 14 li tiy, ..... 60 so 1 81000 1000 3000 1000 soon 1000 8000 3000 ASflOO JOOO 3000 inoo 3800 1000 3000 1000 3000 I.OW. 08 u 101 81 81 31 WINIM nun. A Q&B1 os 00 A It reic 01 11 I, Irt Cs.lOS KIAP Tr 4 s 81 Int Its 4s. 61 t.k B IncSs 31 I.h . cons 4'4s ...103 103 I. V Ken 4s 01 01",i tlo cons 4HK2003.1O1 100 N'or Cent ZilEsSr 11.108 108 l'hlla Co. cons Ss. 8D I'll Klec 4s It rets.. 86 do 4s .. 88 do Es ...108 llcadlin; ecu 4s.. 90 W N Y A I'a sen 4s 88 York llwy 1st Es.. 08 Net Cloaa. etise. 08 00 106 1 81 61 31 14 103 01 100 itj .14 89 85 86 108 06 83 89 88 88 106 14 3 01 06 85 H 01 In the Trinitu of ' Super-Steel-A Hoys iior.TnmUM Kntft'eT The relative, efficiency of MOLYBDENUM To Its Ulster Metals la One to Two Steel Alloys Corporation (MOLYBDENUM) Actively trpded in on N. Y. Curb Asle or our Booklet .Vo. 7 on tht uses and fltlds or Molybdenum ,E. H. Clarke 27 William St. Phono 3083 Broad N. Y. Branch Ofllce, Kinney llld., Newark, N. J. niKECTORY OF ACCODNTANTS Certified I'ublle Accountants ItAWREKCB Ti. IWOWN CO 1818 HKAb 1I8TATK TllUST HOJLDINa CAMBRIA STEEL OPENS 20 POINTS UP, REACHING A NEW HIGH Mi Later Declines From BestFloating lsUWlW Stock Is SmallOther Issues Are Gen. ! erally Higher Price Cambria Steel acalr) attracted attention In the tratllnir on the rhllailelphla Stock Kxehsnge today. The stock sold up JO points to 14E on the first sale, aa compared with last night's close, and a new hlRh record. Only one share was sold at this nmire. After this It sold at 135. Only 81 shares sold during the mornlnir. The fart that the stock made ruch a larKe train on the opening transaction showed very plainly that there Is very little of It for sale. There was no authentic news to account for the strength. Demand appeared for United Oas Im provement stock In the afternoon. This stock has not been nrtlve for some tlm. The prlro was advanced 2V4 points at the high point, but It declined somewhat frorr. the high Some 2300 shares changed hands In all and there was nothing In tho diV's news to account for the strength. Tho stock was the most nctlvo of tho Ulstlnc; ly local group, Taking the whole market as a whole. It as very much better. While In the great majority of cases the price changes were not great, yet they were mostly on th side of Improvement. In.Elmlra and WIN llamsport there wa8 a gain of i), points. This Is an Inactive Issue. While more than 1100 shares of I'hHa. WANTED SOM anna re fl (not less) . floor enac. centralis' located, to be used for alnrsse nnd llllnr nnrnoaea -r. proof bullilinc or entire dwelllns. To Insure consideration Jour pro poaal must stale - I. I'.tart location. I. 1 pe of hnlldlnc ronstrnrtlnn. 3. It fireproof 'and occupied br other tensnla, sire nature of tlielr lioslneaa. 4. Term of leaae. 6. Ilental tier annum. i: 4S3. ixnor.u central delphla Klectrlc came oot . the price remained unchanlT party's 4 per cent bonds "? , J vision were strong, the Ww N. points, while Und Title reeSLK sold up, halt ",BfelBsj t'nlted Stales Steel was e4 out lie my. iho most trading iJ mm irsim me nrira ..:.- row. Inko Superior gained il?"J Hon. while Cramp ShlebuiiS? L . J ""roaa., Free of all Taxes In tig united States Philippine Govemneit" 4's Int. May, June, Sept. & ! Bue Dec, 194S Free of all Taxes In Pennsylvania Lackawanna County, IVi 4's Int Mar. St Sept Due Sept., 1946 Full particulars on rcquest"iw" Circular r K 61? -1 TheNationalCrty company 1421 Chestnut St, PhiUJeJaJj, New Votk rittsburfh '" $1,000,000 Bankers Syndicate r Seven Per Cent Cumulative Preferred Sjock Preferred Both to Assets and Div Descriptive Circular on Request Lindes & Company 1 Witherspoon Building Philadelphia, Pj Walnut 5020 Brown Brothers & Co, FoimTHAhrDCiixsTNtJT Street . ,- , PHILADELPHIA 8)- , Travelers' Letters of Credit- Issued in Dollars for use in the United States, Canada, Wei Indies and other countries in North and South America. Under the terms of issue of our Letters of Credit, travel can arrange for availing of income during absence instea of navine the full amount when lo.nvinir. i ; $6,000,000 v Northern Ohio Electric Corporation A ccrporttkra U be omnired to acquire not leu thsn 95 of the conv toon capital stock of tU Nortaera Otuo Traction &, Light Coaiptny. 6 Cumulative Preferred Stock Carrying half as many shares In Common Stock PitsSarod as to assU and (CTidaads. CsJlabls at 105 and accrued dividend. Dividends payable quarterly on Use first days : ' of Much, Junt, September and December. Business of the Company. The Northern Ohio Traction & Light Company does ths ttaiiro commercial electric L'ght and power buiineu in Akron, and supplies electric energy direetly, or indirectly, lo nino other coramunitiej. It operates electric railroad lines within the cities of Akron, Canton and Manillon, and important interurban roadi between these cities and Cleveland. Uhrichiville, Ravenna and Wadtworth. Proparty comprises aa aggregate of 246 miles of electric railway lines, of which 241 miles are owned, the .balance coniiiting of trackago rights. Rolling stock coniiits of 72 modern type interurban cars, 228 city cars. 56imicellaneou can, and modern car-barm and WUXt0,V The,9,mp"?y ')a ,liree Benerating stations, which are connected with 1 7 sub-stances by high voltage transmittion Unes. ' EandnM for year ended August 3 1 , 1916. afler deducting 6 on the $4,500,000 indebtedness that has been assumed, show a balance equal to 2.64 times the .annual dividend rctniiranenti on the preferred stock of the new corporation, and after provld. tug therefor leaves a balance equal to $7.90 per share on the common stock. - Territory Served includes six counties in Ohio and is coniidered one of the most im portant and rapidly growing manufacturing territories in the United States. In addi tion it is a very rich agricultural section. Franchiaes. The principal electric light and power properties which produce grots 'eanuBgs of apprewmately $1,000,000 annually, are operated under rights with out specified limits as to duration. Fifty-five per cent of the interurbsn system .rack age is on pnyate right of way, or subject to franchiies without specified limit of time. There are city and interurban franchises that expire, between 1917 and 1932. Oa completion of the authorized construction the most profitable interurban division, extend ing from Cleveland to Akro,, will be double-jracked on private right of .way. Management. The property will be under the direct supervision of Messrs. Hodenpyl , Hardy & Co., Inc., New Ywk. yid Messrs. E. y. Clark & Co., Philade.prua. W star for aubswlptlon aufejt to allotment yhan, as, and Jf IwitsHJi 18 shaft i Mssaalative prafwrsj stesk (aar vijm 1H sack) ) , 4; ,..-. 5 sharte ctMSM MskV (wkHsHstynr nM) 7 ' ,Um efJ1 -'. . '. Beets opesi fer sutscriptien WcsdsisWay mening. OcteUr 18, 19i$, at fj A, M, DitvifiUH ctVewof on. rujtml. - Q E. W. Clark & Co. PisiUeWpkia, P. Hodenpyl, Hardy & Co. HWallStra HwYork SrJ' - " . If uHUj.jpmi 4uU f4wppi ii ii mmmmmmmmmmm it ' astav" , ,m. " I - 'w4M
Significant historical Pennsylvania newspapers