..
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