Mroal 1 ' I i - 1 i AKCIAL . NEWS ftB&WmtOX NEARS HIGH MARK, , . ,. BUT DECLINES ON PROFIT-TAKING Flood of Stock Come Into Market After Early Advance. General Motors Sells at 825 a ShareMany , New Top Rricea Hlh Prints In Today's Financial News . -, Mtavf tr4it to United States Steel common in New York and PMla afrbafctVi, tviih frie ttdvttweitif eleee to top mark. General Motors told at StS tkmre, new hifk reeord. Wheal started strong, but weakened. Small trad' feajr to ewfton, with prices hifher. $5,000,000 more in gold arrived in New Ymrk frvm Canada. Price of bar silver unchanged. Sew York bank slate mmt shewed decrease in average and actual loans and an increase in actual md avtrnfe surplus. Country's bank clearings larger for week. fiftw York Stock StX$J8 IIIh. lw. Close, ease, Acmo Tea let nref HU eew toy, Advance Hum ... lata Alaska loM ;.lne tsU Alaska Juneau ., l'i Allln ChalnvHii.... ton do pref l4 Am Air Chem. . .. 1M Am 1 ftugsr do pref . . . Am Can IV4 IW OIH H do pref is n IS 10V4 mis, inuu looti 4. it f.lOOIfc lOOTfc 10014 H(, Is M 1H S ! . ! NEV YOIHC, Oct. SI. The jhoat important bat lire of the iitock market In the cnrl'y trading' today vms the agurelv.c lAiying of United States Btcel common. More thon half tho broke on the floor were (fathered In that stock and tin noon ns the koiir pounded JS.W0 shares ere trnded Iri nt 119 to 120. In the next few minutes tho prlco Moved .Up to 1204, within U of the high record mado on flotrtsmber 29. This buying brought In a flood of stocks. Two house Hold 10,000 shares each sttrtl there Ws heavy profit-taking hy the professionals who hnd Joined In the buy Ism yesterday, causing a sharp reaction to below 119. "After thoso orders wero "Wevuted fnore attention was paid to trading In tho rent of the list. Of Interest was nn upward movement In Qoncrat Motors, which carried the Hck to 82S a share a gain of 30 points, as compared with tho close of yesterday. JTfois Is the highest nt which any stock has ever sold tho regular way on tho New York Block Kxchange. Cuba Cane Sugar rose to 69 i, a new high record, and American Deet Sugar also made a now hrRh record, with sales nt 101 i, but both stocks reacted nt tho amino time tho recession In United States Htcel common occurred. Then Central Leather took first place In speculative Interest, advancing more then 7 points and crossing 88, nlso making n new high mark. Tho copper stocks mi a group wero active and; strong, with Anaconda selling nbovo 94 and completely recovering the dividend of 2 per cent, Which It sold ex yestordny morning. ( Thero was nothing In tho way of new developments that could havo nctcd ns the Incentive for the Incrensed activity in United States Steel common, hut much was snld About the prospective earnings of tho company In the coming year if tno European wnr'contlnues. Tho some remarks applied to the other stocks, which were prominent features In tho half day's trading. I The bond market showed Irregularity, the new French financing nnd tho arrangements for another English loan causing unscttlcment In somo of tho International Issues, with Anglo-French Cs declining to 98. City of Paris 6s wero traded in at 98 . Transactions were smaller In the reorganization Issues, with Missouri rnclfic 4s selling at 674 nnd Ht. Louis nnd San Francisco 4s nt 70T4. Rock Island 6s continued In good demand, ndvanclng to 62. ' $5,000,000 More in Gold Brought From Canada NEW YOIIK, Oct. 21. Gold coin to tho amount of (5,000,000 was received nt the Assay Office this morning from Cnnnda for tho account of J. p. Morgan A Oo. This brings tho total amount received from January 1 to dnto to $404,725,000. BUSINESS SMALL ON COTTON 'CHANGE Accumulation of Buying Orders and Frosts Cause Steady-Tone corrox nnr.r weather conditions NEW YOIIK. Oct. II. frost ns re ported In tlii. central part of tho cotton belt this mnrnlns. ino inuowinv temperatures were recorueai ineratur. ,.i. ... -li a. : v,,i"iiviii, c,n nmmi emu firmpni,, o.i Mlrmlnshsm. Meridian and Little Kork. SSi tbattiinoota, Oklahoma, Atlanta, Aihrtttle. ,. '). mid. Unnxtil,. 3St MireTeport ana Vltklun. 40i Ul Klo and llontromrrT. 4ti Mobile, IVnfiarola. Alaron and Thoman IVU1", 4ti Mao Antonio and Anxntta, 4S Kalelsu, 4Si Charlr-ton, savannaii and corpu t nritl, out Jacksonville Tealun, 51 1 Wllmlmton. fill flat. SSi Tampa, (It, NEW YORK, Oct 21. Business was sur Vrlslngly small on the Cotton Kxchange this morning and tn sharp contrast with ' the recent activity. An accumulation of e'evernlght buying ordefs on the extended frosts In the South caused a steady tone at (He start, with advances ranting from 2 to 9 points. ' Commission housej and some southern' Interests were buyers, but the supply was iulte large, coming from Wall street and some important room .operators. Liverpool old January and purchased March, both fi a moderate scale. After the early demand was satisfied the .pressure Increased, although trading did not increase materially. There was no new buy)ng following the call, and as, a result, prices cased rather rapidly, showing de clines of 9 to 17 points, the later in De cember, at the end of the nrst fifteen min utes ot business. This morning's map slfowed frost In South Texas, Oklahoma, Arkansas, Tennes see Alabama, Louisiana. North Carolina, Georgia, Mississippi and western Florida. Temperatures were lower virtually at all reporting stations. There was no rainfall in the growing sections Sharp rallies occurred near the close. Part of the Improvement was due tn a rumor that the National dinner's figures wculd be 7,450,000 bales, whereas a report earlier In the week Indicated 7,710.000 bales. Thero was also buying by spot houses on tronger news from the South and vigorous covering on the part of local shorts. Final prices were at about the top for the day rand 10 to 17 points net higher. The market Liverpool wda closed. . The receipts of cotton at the ports for the eWiy- were estimated at 30.000 bales, rem- . pared with 40,184 bales 'last week, 39,398 bales last year and .6,829 bales in 1914. Tea. clnaa. Open, lllfb. Love, Clots, IS. 02 1M4 IS,7T 18.40 IS. 87 .... .,. 1S.41 111.40 18.rU iury..,i, 18.81 18.40 lK.cn ,' 1N.4T 18.80 IH.Aft r.i. ...... Ia.!lT jl.sn 1B.7& ?, is.no is. oo' i ,.,..,. .1 ' 18.83 18.28 8.40 8.81 18.03 Cotton Statistics NTvTORK, Oct. JI. Tho statistical potl. WHEAT ENDS LOWER AFTER GOING HIGH Profit-Taking Brings Reaction and Warning Against Over enthusiasm Helps Bears . OKAIN rtEI.T WKATHER FORECAST V CIIICAip. Oct. I. Th. weather foro 'M!..'1": Ihlrlr-sli hour folTaiTm llllnol tirnerally fair, rlalnc Irmnera turea Mundar, lovro and ltan.ru Fair, slowlr rlnlns temivrnluro Iwonaln Parllr cloudr and continued cold rtatiirdan Mundar. probablr fair, rUIng trniperttturo. Jllnnoolii Fair nnd warmer Baturdari Hundar. nnrtlr rlaudr, lwlblr unsettled, warmer east, Jorth Dakota Partly cloudr. warmer, colder Hundar. Mouth llakota Fair and warmer Hstur dari Munday, probably fair, colder north and we.t. Nebraska Fair, warmer Saturday and Sunday, CHICAGO. Oct. 21. The wheat market was Irregular today and, after climbing near the top 'prices for this movement. It re acted and dropped below yesterday's close. The weakness resulted from profit-taking and warnings of commission houses against' overenthuslasm on the buying side because of the recent spectacular advances. Cxcltement was reported it Quenos A'res, where prices yesterday Jumped 6ic to 7J4. No confirmatory advices of rain came from Argentina, although conditions there were unsettled, Crop news from the north and center remained unfavorable and It was said that the yield In the north would be small. There Is a chance for Improve ments elsewhere. The market at Liverpool was'qu'et with apot unsettled. Official British offers for wheat cargoes were 3d lower this morning than they were yesterday. 'Good world's shipments for the weeK were expected, a larger amount going to ihe United King, dom. Kxports from India during the period nere extlmated at l.SOOftoo bushels, nearly all to Oreat Britain, Crop news from Aus tralla was favorable. The receipts at Minneapolis and Duluth toady were 3(5 cars, against 1631 cars a ytar ago! at Winnipeg, GDI cars, compared with 1899 cars: at Chicago, SI cars, con trasted with 100 cars. After opening steady, corn and oats dropped below yesterday's close on, con siderable selling, Trade was fairly active. The receipts of corn here today wero 63 car j and oi oats 201 cars. Corn at Liverpool was strong on further unfavorable crops reports from Argentina. Leading futures ranted aa follows! Amer Car & Fdy. toy do pref lid Am Cotton Oil... 0V4 Am Kxpress ... .Ill Am Hide A Leath IRtt do pref 18 Am lco IPS Am Linseed 11U do pref SMt Am locomotive... sli do pref .... Am Malt .... do pref .... Am Smelting do pref .... Am Sugar.,.. do pref . . . Am Htl Kdy.. Am Tel ft Tel Am Tob pref, Am Woolen ai4 Am Writ V ptof. 4J Amer Zinc 47U do pref 71 Anaconda Cop. ... 0.1 Atchison ........108 do pref loo's At Gulf & W 1... 0l)' do pref ., oi1!! Baldwin Loco.... MH Bait ft Ohio MM Beth Steel 880 Barrett Mfg. . Brooklyn It T .111 113 111 1 tl tt Y 131 ... iw 4 11V, 4 3U 19 K "K H 82 i M loan 100H V ll4 11 "4 404 49 ..... I10H Uttt 1 ilsU 1U u 88 4 119 BOM 131 17 74V4 24fc M 101 11 49 111 118 I17i lla; UVjf, 1 now ito no fltli SfiJi 1 111 nt ut 108 108 108 1 81 81 41 41 a, 47 47 17 17 1 98 91 1 103 10A looy, iooi 07 97 7W 074 S3SI sV, 4 HI"- 1 840 830 I .181 187 187 1 S4 84 81 Bush Term 100 100 109 Butte ft Superior.. fl 03 8.1 n4 Cnnnda; S 81 87 81 ! California Bet..., do pref ........ Canndlnn Pnc .... Central Leather,, Chandler Motor. , ("lies ft Ohio , Chic Great W..., do pref A.... , Chic M ft St V., Cflnt Can do pref Columbia Gna . , , Chic n. I ft Pac, , Chile Copper . . . , Clilno Copper . . . Col Fuel ft Iron. , 24 82 178 80 53 81 174 81 21 81 1 114 100 100 108 l 10 09 10 ' 11 14 " 40 41 -4- 0.1 0.1 101 101 111 113 1 38 38 14 .41 03 103 113 38 28 24 23 1J4 81 80 80 88 Col & South 1st pf 01 01 Cnn Gas Balto ..118 118 118 Consol Gas 140 140 140 Corn Products ... IS 11 do pref 02'i 01 Crucible Steel ,,. 87 86 do pref 123 123 M. 24 23 87 1 88 01 11 02 1 1 111 Cuban-Am Sugar 220 214 228 7 Cuban Cane Sugar 08 do pref .,.,,.. 07 Detroit Kdlson ...144 Den ft n a pf 43 Distillers Sec .... 46 Drfme Mines 24 Krlo 88 do 1st pfd . Gen Chem . .. . Gas W & W . . Gen Klectrlc . General Motor do pfd . . . . , Goodrich Co . Gronby Consol at North pfd .. 83 ..333 , . 80 ,.183 ..828 68 91 144 44 48 21 38 03 333 40 184 800 08 07 144 44 2 46 24 38 83 833 40 181 I 828 4-30 Gt North Ore ctfs. 44 .138 128 128 vf . 73 13 13 i 01 01 91 .118 118 118 . 1 .100 . 0 . 18 . 4R 80 Wheat On,n. Oct... 1.6BS Use.. 1.70 Uiv . 1.7IIU .";- i-;'- juiy . , i.iu High. i.Vo'i 1.70 Corn (new deliver! Y..M.v' Close. rlose. i.V'A 1.08H Mm at cotton, a a mads up by Saturday-a Flnsn aeau enror vlilbls Tstal tfsV ..ST -In' -- Ootsfcsr onlcle, l as follows: mis wsslc Last wssk. Last y'sar. Hlr 4.302.TSJ 8,947,431 4.897,210 E Wfil stH,vr 8.818.181 ' sight 30. 4.061,979 8,312,411 8,801.261 8.706.370 1.226,820 FOREIGN EXdilANGE NEW YORK. Oet, 21 The market, for foreign exohange opened quiet, French ex olsangV was helped by the. new loan, but ttaltan exohange showed a atUl easier tone. OwUdera retained steadlnewr and sterling caubaog was ewpeerted by the gold Im- Kta. Otherwise. VMfe was very little ture, ' Quotations were: Dwd ' sterling 4.7 11-16, cables 4.76 1-16 ' M-day bills 4.7m4.71i. 90-day bills, 4.0jJ.C9H Mite cable 5.1 J Vi. ohecks 5,1414 ;,relchs taaxka eablos 76 5-11, checks 7014; Swiss aablea 1.17, oheoka 5.21; lira cables 6.51 ii, hacks (.12 ; itoandlnavlan " kroner cables 11.45, cheeks 31.40 j Vienna, cables 11.91, etatoks. 11.99; kataetas oabU sj.jj, check, ai; guuaar osidms mi, cfMeka 41 3. It; www, as. as, owoyif Sl.tp. XATS8 FOR MONEY tjjf iim ? vSH tfff 4f.af Jk aUMJf.CUURINOtl elsarlaas. tadajr. easajMUSal With . w-v VBaaaasa, . . 444 43 1 J J aaoaths, AUa. Baak ii 'ii 'i ' m Ummml Oaf. 11. Ms vksaU WM MBlhissssal e4nr. Wttk Mav Wfci ML tosMM-, wttk PmutH ajssaaj-t M lia ia Km.. '! M. Me. t karat tythtar liarai. , t aislani winter Us 14, Ke, 1 nartsvam lf , mi. x ii nil MsBimn sat No 1 aortharn Miuilteka. lb streng, with 4.nM-iea.aiMa it Is I, while Flat saowe, a sjmia lujM. tnour wi esrhsimasl Hi Ktt 8S B0H W 84 MarA July.. uata ec... May.. Lard Oct... 18.68 Dec... 18.13 Jan... 14.45 Itlba Oct... ..... Jan... ll.es lork Oct.., 28,00 D.o... 23,08 Jan. 28.00 tld t Asked, 8tU 81U 84T i.'foji i.'n'oH I.TOts l.suH '1.3UV4 82H ST 84H s4i .u14 ui s' S3 :sst. Oreen-Cnn Cop 111 Centrnl Inspiration Con Int Agr Corp', .. do pfd ....... Int Harv Corp ., Int Har Corp N Jlio Interboro Con... do pfd ....... Intern Paper .-... do prd Int Nickel Int Mer Mar t c. Jewel Tea do pfd do pfd Kan City Southern 2774 Kelly .spring Tire 78 do pref 08 Kenno Cop 83 Lnckwanna Steel. 86 Lake Erie & West 21 do pref 43 Lehigh Valley ... 84 Loose-Wiles Bis. 28 do 1st pref 88 Mackay Co 86 do pref ....;.. 67 Max Motors 01 May Dept Store.. 87 43 44 M 81 106 100 03 18 41 80 118 11 IS 48 11 18 47 102 102 83 82 41 40 01 80 S 18 48 80 110 17 78 40 102 82 3 V, 40 01 116 115 J0 110i 111 JI0 21 21 14 18 98 82 86 21 43 81 26 87 86 01 89 01 Mexican Petrol, ..110 100 7 V4 08 1 83 80 21 48 84 20 2 88 3 80 07 00 01 110 7 . 7 . 874 . 18 .no 20 . 60 . 23 .180 .108 . 01 1 1 8 IS 30 83 128 24 7 1 8 IS e 128 12876 29 20 69 00 22 22 158 180 101 101 01 01 "Si 143 142 142 I1SV4 HI1) 111 03 08 03 81 0 88 88 41 18.10 18,23 14.33 16.68 14.UO 14.83 tlB.TO tlB.60 18.13 M4.TT 14.83 lf.ST ii.'o'i is.'sr 28.00 24.7 28.T0 11. 81) 28.83 .78 24,83 (Nominal, 114.10 13.50 128.80 23.80 23.83 114.10 13.37 28.00 124. Oil 124.02 Local Reserve Bank Statement The statement of the Philadelphia Federal fy'iTY. S'.ifiw.r WMU ''a'"Vto.T?rol JlESOlinCEH deld coin and eer. C,0br 20' OeleU, Ifc OoVd',C","..UI?m,1ntt ,1S,402,883,B '"W.420.00 fund Uianca. ... 11, 821.000.00 18,288,000.00 QoM rsdsmptlanf'd. 60.o6u.uo 00 Ooo ou issi lenuer noits, silver, etc, ..... 108,073.05 Total Coinmsr llsnk acceptances., 12,044,274.21 10.5.vitT3.0l Total DO.UOOOU 213,782 20 ,2T,5!!5 55?-i5 110.4s2.2uT.10 ""!'"' . . ZUT.OSI.2B bills dls. counted and b'ht.tl2,74l.828.9 111,183,436.89 1.480.OO0.0O 1.S44.BOI.80 notea Municipal warranta. Total Investments 11,024,807.81) Federal res, notes on hand ........ 401,440.00 Notea of nat'al bfka ' and utner Federal r serve banks.... other resourcea. 8.460.O00.OO 3,304,807.80 10,984, 597.19 693,400,00 28,468,00 I98.74T.03 Total resources.. 148.803,818. 10 149,750,841,8s i,iAiLdTn:a , . 13,391 SRtl.ofl S3,4H' 96,220.00 3,xu 2 OS, SO 2ai41l ald In tttJk and . lass na. smmhi, net AH 4tsV HsWlliKf 3??12.Xit.( 1.514,1 18,998.880.00 14, 4i.4H? 5 .au.iunlZ i4ii:MrT;n i.JtJ;j "-iK.a TWsd WMWIaM148,a,88.19 lv.,7M.84.M WW iftwK BUTTRR A(D BGG8 n.-&vrrmmiau. IISSlWlSI TM , t BAR SILVBR etar silver In London today waa quotad at t. iinrt.nsr, k CosMtMre al bajr Uvr waa nwtUi Ih ttmw im ai nat, BjasM. asaujjiii lis spur, wusi auMSar aaaTMas. Mr isiSiTii iHaars lla. tfMf fg- .aiifrMstalsea. IIK STMsj jssssMassai ,m ., amaasaas 84 -6 18 31 41 31 108 110 71 .101 104 ,no9j, 110 tio 3 1 2 84 0 88 -rl 8774 41 37 108 110 1 12 104 -Miami copper ... 3D 38 Mln & St L new,. 13 32 83 -f ,ti m r k n a ai..jzoHi lloTs aio I'ac-w 1 14 tt .Missouri paclnc, do t c Mo Kan & Tex. do pref ...... National Biscuit. Nut Enameling . Nat Lead Nevada Con .... N Y Air Brake . N Y Central ... N Y N H & H ., Norfolk & West., North, Pacific ..v n n n Mex 2d pt; Ohio Cities Gas,., Ont Silver Pao Tel & Tel.., Penna It It , Phlla Co ., Pittsburgh Coal t c 31 ao pra t c 108 nopiu no Pressed Steel Car, 12 ao pra . , Pullman Co Quicksilver uwy Hteei spring, 84 83 84 ,uy una zs 13 25 ,,,, Beading m n0 no Ilepub Ir ft Steel, fm io ia J! M ' UV 1Jt H Shat Copper ..... 28 28 28 Seaboard .Air Line 16 16 ia do pref 18. si 38 u loss-Shcffleld , . ot os 63 . So P It Sugar .. no no -no s" Southern Pacific .100 100 100 Southern By .... 10 11 18 do pref 08 08 I8 St L & S Fran w I lo 10 lot Btudebaker 116 133 130)4 44 Tennessee Copper. 11 si 13 Texas Company ..113 tis n 4 Texas Pacific It It 14 14 14 s Third Avenue ... 66 88 58 ! Tobacco Prod .. 61 84 84 io Irf 103 103 108 ..... Underwood Type. 100 109 100T4 Vn Bag & Paper. 10 is m P"f 74 14 74 da L,new H 101 101 Un Clgor Stores.. 101 101 101 "'i ffun ...,101 oi 161 1 u.iiui. s-nciiio ...,iau do pref 4t U 8 C I P ft K. . 18 do pref 81 U S Undl Alcohol. lit Un Jiwy Inv 9 U S express .... JL U S Bubber 01 do 1st TirAf ..Mil! HIS' ,.,M U S Smelters pref 61 81 ny. IT a Htoel .,,..,.110 U ne y. do pref .... 111 lieu mu J. v. ...... -.. .. na, ... .'? ! ' Va Car Chem .... 48 44 Va Csal Ir ft Coke 41 41 Wabftan .,,., . 13 18 do prat .,,,.. 81 7 da mw( .,.,., 11 31 We4U larg ,,..111 181 mu j.iu. Wentaen Union ,,104 101 101 - rwamniHwiiMsn as WeaH tfarykad 34) WbeeHngiX. H,, 1 WsiHe Ker ,... t WVtra Overlap , 49 Va p ,..,,,.1M Worthlngtn Pump lt do pref B ..... m 80 130 a'S 82 28 15 51 61 135 113 0 - 0 31 81 ..... 60 61 99 3 45 41 61 W 81 1 39 88 47 191 104 1IU llu 89 69 4. 61- 19 i H, 8V4 ' 41 H 1 WTssmSiXjFm LONDON FAVORS NEW 6 PER GENT TREASURY BONDS Explanations Given Parlia ment by McKenna Dis pel Dissatisfaction FEW MISTAKES MADE Dy FKANCIS W. HIRST gpeclol CabU Is IM Kvtntno Ltdetr. LONDON, Oet. 21. lttglnald McKenna's speech Thursday night shows his confidence In. the ability of Great Ilrltaln to finance the war, and complimented the Parliament on Its readiness to vote for war taxation. Ills explanation that tho success of the six per cent bonds and their acceptability abroad had Justified the Issue at thai rate had the effect of dispelling what dissatis faction existed. The Treasury has made comparatively few technical mistakes. Its failure has been as a department for the control of finances, hut tha dates frorn. pre-war days. A general weakening of stock exchange prices Is foreseen by your correspondent, who regnrds flic bond Irsue ns nn occasion rnther than a cause. Prlcelnsklng la dim cult In somo sections and often bargains are required for, negotiation, Jobbers can not depend on tnn banklnc support. Common Shiro will publish an Inter view with n leading metallurgist, warning tho city that It will lovo Ke ponltlon ns the center of mining fjnnnce If the war Income Inx continue to be applied to mining pioflts which, of course. Include, return capital to the Investor. Apparently some 2500 mining ventures have had their chief offices In lndon. Amerlcnni nrrlvlng hero nil say that the presidential election Is on absolutely opn eent Tho altitude of the two candidate tortard tho ai Is puwllnir tho nngllah newspapers, which do not know which to ubck. une Mexicnn Interests, of course, favor Mr. Ilurlies. Tho boot trade here Is fully occdpled with war orders. Tho cotton hosiery manu facturers nro row protected from American Invasion by the prohibition of Imports. Tho Chemical nnl t:nplnte tradtfi nro complain ing acnlriHt the export regulations. Lead products havo fallen twenty per cent from tlHr recent record prices. The prices of vegetable oils nnd edible fats are rising. Cotton oil Is In great demand. American small tools aro be'comlpn com mon, but are considered lean durable than those made nt home. Tho demand for bicycles In China nnd Japan Is growing. Sttltm in PkilmielphU lllsh. I Am Gas . no 19 A Itys pf 99 tos Cam Steel. 110 17 L'lee Stor. 69 100 Insplr Cop 65 248 Inter Itys 9 1O0 Kenne Cop 31 180 Lk fjup C 14 lll'Leh Nnv. 16 268 I.eh Valley 81 301 Penna II H 68 SO Pa Salt M. 99 280 Phlla Co fW pf.. 42 31 Phlla nieo. 28) 815 PUT tr efs 10 8 Phlla Trac 80 ion Hep 1 ft S fyt 800 Heading... 111 10 Bo Hwy . . 16 10 Tenn Cop. 21 , 110 Ton P.el . 4 1-16 360 Ton Mln. A 8 Union Trno 43 940 Un (1 Imp. 01 120 99 133 9 63 M4 82 14 18 4 86 09 Net Clcas. elite 1(0 . ... 99 T4 i 130 1 eVi V 63 8 61 14 18,' 1 84 88 99 41 28 10 80 10 41 18 19 60 16 110 110 16 18 . 22 21 4 4 1-16 A 0 43 46 01 91 1 New York Bond Sales ...i1 """SO Anslo.Fr Bs ".5C ,,T J5IJ 5?$S Amer Foreign Sen 8s. liSHi 84 f wut iiiuuu Amer Hme t Hec . It1, lH'4'lt- 2IHJ0 Amer Tel rll i. . Vi't ',!o7 ,,tt 4111m Amer Writ Pap 8s.. HHil siiC'.fJiflV nniMi Atchl.011 sen 4S..7... oV imC t Uo V S Steel. 120 116 119 10 West Klcc. 61 01 01 -f- H 50 War I ft H 0 074 9 3 W J ft H. 80 80 1 60 SO 'York Ily. 16 38 86 Hx dividend. . Totnl .sales, 11.003 shares, romps ml nllh 16S8 shares Inst riaturdari this week. 121.101 enarrai last Meek, S1.008 shares. IIIIMIt llleh. 3300 L'lAPTr 4a 80 2000 K T 1st fis 91 8000 Head irn 4s 96 2000 HO&Ht Gs.100 8000 U It Inv 5s 12 , Total sates. 917.800, romnnred llh 333.000 Inst Mnlnrdari this ererk. SSOS.SOOl iast vreek, 9318JtO, Nit Iiw Clese. thte. 80 80 01 91 06 06 100 100 12 11 Local Bid and Asked ItiMwIn ...,...,.., Ilrlll. J. fl... Hurt A Husq t c do pref t c Hlectrle Htnrase . ... (lenornl Asphsll .... do pref ., Keystone Telephone , no t c , do pref ,. . , !.akft Hup Corp ..... l.-hlah Nsvlsatlon. . l-ehlan Valley thlsh Valley tr ... . do pref Pennsylvania l'Mla Klectrlc Phlla Co Ao 8 per cent pref. , 1I11 11 per cent pref. Phlla II T t c. Hid. Asked , hVi RO Heading; Did. Asked. MV4 Rl, ai i, s,n .1-. f.-'i 1111 87 nnw as r.nVi r,7 n itu4 x S m ?ii'i si 211W st ?- 72H 72 72'i 124 IS lU'l 13 124 13 13i 1.1 no ni v7 ns 14'1 I4 14J, 14 78 7H4 77' IS K4 sH RH .l'4 2(14 21 2(1. SOW 43 4SU 42. 43I r.H r.s'i ns r.SH 2SW 2HS 28S 2SJ. 4i 42 4IK.4 4IU ST 8 S3 42 V-", 41 iii; -jo hi mi, 1111U nn4 Ton Ilel 4 BIO 4 7 10 4 Ton Mln n 1 nion Traction ., 4.1 un I nnv. I H ffteel HUH Vork Itwr 13 do preferred 3dS wllllsm Crimp to.... 79 tl'i 46 ss 42 111 llllti o2 46i 43 43U niU s;i 0254 linii nut; iiiit 13. IS 14 3ni nn so 70 H 37 11 K!!!2 "" 'either 1st 5i..l(r."4 1U2' Utt nniio Cent 1-ae 1st 4s mi, out u .fflSKtV.. J! J 6 !. !"R !I! n J?'ft 1-n U7 Ufl',4 07 in in in Chlo at West 4s 71H 7H4 lili . '.'APMnt 4...::: i!s iw tit J 211 '420 lw, SI 114 U2 Kll 90IHI An -.11 Am Lrt," L-. .'1-7 13000 Allan Coast Lino as. 1.4 3 .BS1 2'!H; "sit owo o..0,;.?.":if.iu ioi-i.nV K3000 do 4. , ......,,. 02 r J40OU do cv 4Vj. ,.,, WflU . fin iiiiU a'ffis Cu? "' ? ."ai: .iM-ii :i!)v ,i ;0a Bjmio iio As list nn " ,,ulif ,,,if i u 10WMNI L'hea O conv'Bs.'..' .vi " .iion nn,. ia ui vvrni 4S MHXI C" jftouti uni Ind A Wcit !.,. 77 aiirtfir 1 ii ai b srii jus 1 in lull do dW 4a IlllO do con v. 8a 1 uu ud cv m a . DIKI C It I i II rr.l 1. nwuuii uo OS .... ,,,,,.. 3OII0 Chic llwy Bs " 10(111 Col ft South 1st 4s.,;. 1C2IIOO City of rarls na Siiuo-Comp Tab Hep Co fle., .Bono Hen H o 4a .... ' Wl "elrolt United 4Ua" 80(10 Krlo ten 4s mmio do cony 4s ser A... 300U do conv 4s aer I... loom) do prior 4s IIKI00 Oen niec 3Via ,' r.'lHHI HI Hteol deli 4'is... 2800(1 Imva Centrnl ref 4a,. r.ooo III Central rfd 4s,, 70IHI III Central 4s 1032.1, 5(1(10 do 4s JltSJ ! 2320O0 Interh It T ref 3s., lniiioo In Jler Mar lis.. .... 130(10 Int O N 1st Ba..;.,. looo Japan new O B 4 lis.. IXOOO Jnpnnesn new 4Via . 10(1(1 IC UHSt M Ii 1 Kan city Po ns.,,. 1WI0O Lacks .Steel Ba 1H80.. 1000 I.k Hh deb 4s 1028 ' 280(1(1 Mex Pet Co 0s Her A. 1111 211000 Minn A Bt I, 4a..,; (US looo Mln Ht I M B 31 4s.. IM'. 21700(1 Mo Par w I 4a ...... OH wuiti a jir jirake rv ua jiff GRAIN AND FLOUR 4' y WHEAT Pecelpla, 102,093 hushels. Demand ;vs rair. uui witn nesrisn speculation In the est me market ruled weak and lc lower. JOtatlona Car l4ta In etnnrt ,lv.lni.Vn '.'flu.!0' I1.034H.6S: No. 2 southern red,' l.O.lfri.Od. tenmer Va. reil II Rim iu, v- .. .i. i i . - -, r. . ; ;:;);.".. .w. a ,vu. ,i.niwi,i,i: rejecieu j. ll,aVl,uu rejected II. tl.B3Ol.80. COIIN Receipts. 7D00 huih. Offerlnes were moderate and the market ruled steady, but trade was quiet. Uuotailone- Car lots for local trade, na lo 'location Western No. J srllow, 11.07(9 1.0714. do, siesmer yellow, ll.O'UM.OCH j do, No a leljow. fl.Uldl.USi do. No. 4 yellow! OATB Itecelpts. 114.887 hush. Thera was little trading:, but ofTertnes were moderate and values rulcd'Stesdy, Quotations: No, s white, ftVt VBHc. standard white. B.IWSBHc; No. 3 77 77 nnv, iiimi bit, iiiK 2 107 J 107H 1(17 ,uj 'SjS litt 02 1X1 IMI74 o:i-; osS , H(l SOS 61 78'i HII'I K4 IH Mil 02 0l., 9S HI. RH 70i no ot iisi; fl2W IIUK ii.ni UN', RO SoS SI 731. BO RT (ii(4 l2 oos nnv. R OR 084 R1H RS 7H no nn'i u 113 04 111 07t( nn lot s I;(J 7n 02 ft ss$ 0KS 80 RUH 84 734 rD K(l Hl'i im'. ll.H HI 02 01 kii; 0RK OH 0N4 81 H R8 7 00 miH 031s 1111 A4 in4 (IS 111)1,. 1(14 2N YC ,llud lla 1ISW i,a jjjj. 1RI" do 4Kb ..., OB 0.1 03 iw n i i.- hi l isi 4S 03 03 03 24HO0 N Y "Ity 4s loso. ...iniij lriiu K1114 oooo do 4Hi loBi, .... .ins. ioSh losK :iiiiui m v m ,r . .. , I ..T .,r.lT J:7 .,, ,, s ,. ii M II cy nvia 77 ,"" .i i uwy auj oa ., 1000 N Y Tel sen 4V4a.. 200(1 Norf West dlv 4s 300(1 Nor Tar prior 4s.. Bono Ore & W It 4 N 4s 1400(1 Pao Clm B Bono I'nina 4s 1MIS.. ... 4(100 do aen ct 44s.. liooil Tubllo Herv N i Bs. 10(100 neadlnir am 4 2000 licpub Culm Bs 1914 lhiioo Hep Ir A- ri i , KKIO Ht I. T t M, U mV'jl' in 1B100 Bt I, H 1" III w I . RR 000(1 do In w I BR 100O do can vt sta 4s... 74 70000 do H A w I...... 70T( ..auiiii ao per 11 W I Rll 3S0OO Ht I, Hwrf lit 4s..,.. RO HMHI Mil A 0E ht y let SB. . ON 2000 Heahoard A 1. adl Ba.. (17 4000 Bouth Hell 3s., 10l. TIHMl South l'ao cv 4.,.., NSW Rooo do cv rrt t n Sa....lnn 90000 do rfd 4s 0144 iihhi pouin nuwi no 17IKMI Third 100(1 Utah 1000 II s Itealty Bs ,. 70 ,oo,n, ,, n mevi m I ill, . , , 1H0O00 Un Kins O II A 1 Sa IftlU. 11.1.. ,, . TV ....... ,.,,,,, ,.n k 4 P, . lnnoo Union Pao cv 4a.. 2000 do rfd 4 ! llioii Iln Kwa s f 4a. ,. . 100O0 Va Car Chm 1st Cs 2000 V llwy Rs..(. .. .. 1000 Wslmsh 2d Bs.. . . . 1000 West lid 1st 4.. . 1000 Wheeling I I, K 4s, niis Ml4 il 774 771 SJ'. H3'i B3U Mi; lN4 S no no mi MW 11344 tn4 Rll '4 8(1 '1 Rll II B3 02 01 noli oT4 I02K l2 ft 102, IISH II3H 34 03T B3 OS', . 8ii noH on' Ino ion 10(1 H ni'l k 711 70 i R7J4 R7S ? '4 us? ii 7RJ R0 't im u ih it . inu iitiz 10(1 lOil PHILADELPHIA MARKETS ' wt.lt. RlAlllL. . ..,l. .I.VW.T.W. ,.U. sample oata, 4Uft(lB0Hc. white, Bi',4 OH3',4c no ri .s ,.,,.,,.. un . HI.. 01 s. outh Itwv nen 4a... 7.V4 7BI 7as! do con 8s .,, loiH 10'JU In"! hlrd Ave ad) f.a::;.: 7?2 'H 'Vf 'tan Power 6a 05J 034 Bit I B Itealty Bs ,.70 70 70 !'!! 04 O'.tl 1 33 0 inn 74'' 78S lonu lonu Ull'A IC1'.. 04 n.T4 SI no 119 U inn 74'i 78 114 u.i'4 & on oni inn 74U 78 .Total sales S2.IOI.000. roinDur.il with St.lAO. 000 last Natnnliri this week. ,f31,430.OO0 tail week, 827,109,000, Financial Briefs The Lehigh Valley Transit Company re ports operating revenue for September, of 1331.151. an Increase of 129.831 over Sep. tember, 1916. Net Increased 1MSS to 1102, 24E. For 10 months the operating revenue was (3.048,128. a gain ot 1376,460, arid the net was 187,818, un increase of $111,908. The Dank of England reports the nrnount of currency notes oinstandlngas 122,613, 768, against 132,607.192 last week. The amount of gold held for the redemption of such notes remains at 29,800,000, NEW YORK COFFEE MARKET NKW YOIIK, Oct. 31. -The market for coffee futures opened firm, S tp 11 points higher. Trad.ng on tha call was active, sales amounting to 11,000 hags. Todays ppsuln, October ,,., , ,, Kove-mbsr . , .... fesstntier , 8.23 ry .,- . roll' B.4698.41 rll y ., . ,!. 2.', . ...,, O.SWV0.01 ... .. s. .,. 1 saUa, If ,100 U JUjS jwy ,. jLSafua . Today's Teaterday'a close. v closs. s.sujsJi 8.2HI IM.aa S.ftf H.40 M.lsli 1824 i.Hfi. i.ii s.4 s.ssaea.ea 8.4 s 8.7l'1.71 I at MM DIVIIJpNDi rDSCURlD MseJc st raeord Nuvewaar-1. OIH4 AVMlua wua 4 ITIMt V r n B still Pausikose a - -T Biuiri Hll 1 iw aajtt aa tn SstJie,e 4f m . FI.Ol'H Itecelpta. 400 hbls. and OI3.2R8 lbs In sacks. There waa little trad In, but mill limits were tlrmly maintained. Kollnwlns are tho quotations, per 10(1 Iba. In wood! Winter clear. IJ2EI-ni ,,n- stralsht. l7.BOt7.00. do. patent. IHW8.B0: Kmui. clear, cotton sucks, I7.IKH R.1U' do. strautht, cotton sacks, is 40OH.7O: do. patent, cjllon sacks. I8.7OUR.03! sprlnc, flrst clear. I7.7BOS.2B; do. patent, I8.(T(IWII; do, favorite brands, to.400w.7r; city mills, choice and fancy patent. I9.4nl.78i do. res ul.ir cradej, Tlnter. cloar 7(T.2B: do. do. straight. I7.S0O7 00; do, do. patent, 1808.80. ItVR FI5UII ruled nrm under small aupplles, ""..UTIT- w Hill" trartlni. Wa quota at J6.7SO7.B0 per bbl.. as .to quality. PROVISIONS . , The market was quiet and without Important change. Following- are the quotations: city beef. In sets, smoked and air-dried, 30c; western boef. In sets, smoked 3c; city and western beef, knuckles and tenders smoked and alr-drled, 8Jc: beef hams, I2HO30: pork, famllv. t'JH4r' S?l?L.hm- s'..ri.c.';rfa' loose. ISHOlOc; do, i.'iVP1' loj'se. 21aiti do, do. smoKedl al W22Hc: other hams smoked, city cured, aa to brand and average. 20V4r; hams, smoked, west ern cured. 20H c; do. boiled, boneless. 34c: pic nic shoulders. B. P. cured, loose. lSlici do. smoked. 144c; lollies in pickle, nccordlnc to airrsge, loose, HHci breakfast bacon, aa to brand and average, city cored, 22Hci breakfast bacon, western cured, .224 c: Urd. western re fined, tierces. 17ci do, do. do. tubs. 17c; lard, euro city, kettle rendered, In llercea, lie; lard. pure city, kettle rendered, In tuba. 17c' REFINED SUGARS The market ruled very Arm. and tha Pennsyl. vanla Husar Company further advanced list prices 8 paints, makliiir all reOncra now on tha aam baals. Renners' list prices: Kitra flna granulated, I.BUc; powdered, 7,Oc: confection ers' A, 7.40c; aoft srades, U,7307 33c, DAIRY PRODUCTS nUTTKn Tne market ruled Arm under llaht receipts, hut wholesale trade, aa usual on tha lait day of the week, waa quirt, l'ollowln are the quotatlonsi .Western solid-parked cream ery, fancy specials, 38c; extra, a Hip 37c: etra flrsts, KiaaiWc. firsts. 3l84V4o, seconds. iXiinmT,"r "''Ji"' fancy. 89ci aerage estra, 37v3Rc, Ilrets. 30c; seconds, 34U.1Bci snerlal fancy- brands of prints. JobMns; at 42043c I.GOH The market for One fresh egas ruled nrm with demand readily ahiorhln il irrrint.a of this description. Uuotatlons! In free rases, nesrby extra, 8Ro per dosen, Ties r by flrsts, tin 30 per standard caaa; nearby current ro. relnls. 110,20 per rase; western estra. 38o per doieni extra firsts. II 50 per esse; flrsta. S10.20 ier caset refrigerator egica. extra. 10.43 l-rnc.! .firsts. I0O9.S0 pj-r rsaei seconds. I.05t8,33 per case: candled cuss jobbing at 42ir44c per dozen. CIIDK3B Tha , market ruled steady under moderate offerings and a light demand. Follow ing are the quotations! New York, full cream, fancy, 21 V 0214.CI do, do, fair to good, 2014 & 21c; do, purv sklnn, lll0c, ' POULTRY J.IVE The market waa quiet but steady under moderate offerings, Following are the quolallons: fowls, ns to, quality, 18JOc: roosters. 14 w 13c. snrlnir chickens, according to quality. IH(T20o Wlitls tinhorn, according to quality. 10018c, ducks, aa lo aUa and qual. Ily. llltilRo, geese, HlWlNc. turkeya. 22tf2lct pigeon;, old. per pair, 2828ci do, oung, per TM Is. 1 ft aTD ?. DHK88KI) Ths market ruled firm 'under light, offerings and a fair demand for lealrabls slock. wuoiauonsi vresn-aineu, ury-pscsea IOWIS, 13 to box, dry-plckrd. fancy aelsrted, 21ei do, weighing 44 03 lbs, apiece, 24c; do, weighing 4 lbs, apiece, 29Vio; do, weighing 314 lbs. apiece, L'll'ici-do. weighing 3 lbs. apiece, 20O22e: fowls. In bbls , Ire-packed, fancy, dry-picked, weighing 4413 Ua, and oer apiece, ;3'.jci do, autaller S'rCy' aixes. ivicooi ooi roosters, ury-picked, I7ci masting chickens, western, weighing 8 lbs, and over per pair. 24 23c t do, 0O7 lbs, per pair, 22tf23c, broiling thickens, western, weighing 3 44 lbs per pair, 24&'3ci chlrkeni, welshing Bft.1',4 lbs. iwr pair, 20O2lc. do, mixed sins, :IOI:'e broilers, Jersey, fancy, 3QOI2C, dn. other nearby, weighing 3 CM lbs. per pair. 28 C 80o, do, do, amaller sizes, 20tf7c, ducks, nar hy spring, 22023o, squabs, whits, weigh ing 11U12 Iba. per doi.. 13,1800 do, do. ,1n All 111 Tl.M rxmr Anm 14 UKflK III. rf. J..' ?T H ,Lj. prr 1i. M&U: So. du, 4.6. 7ib. iVi Wis, i..ii'si. i.i, oo. ao, ao, nvn It, vr .!- 4)784.4 1111,' --l, 4ttt KnAilTn '.TJ (iLf, .iuir,V"i Ulk fiMVIflVU, BIlll Mo. 2, 60c 0 1 1.28, FRESH FRUITS per ,uzi sr his 1 1 and 8rh Trade was only moderate, but valuta gen. iiy were wan sustained, as followai Apples WW1 bbl. -Jonathsn rimes' uow Alexsndsr. I Twenty-ouncs. sen; ven iiavi . stasi.Dui inusn: IS04i B. I?a!i.a41i tmiw l !J 7iVn- i'.BO. Apple. Delaware and Maryland, per hmpr. Kancx.S07Sc.! fair to good. 134netalnces! NVw York per 11 -No. i. 14418, No, a, Vi.'J 00. Uulncss, Nsw TorJc. 'bush., tt.'soWViT, -ry,.i.m"wA vr,u"rulli eiorlda. 3 kiOBl, crranberrlva. Ciu , iS3. B.&u; do, do. per nuts 2.i5- iinona. per .box Ier .rraie. J per il7. 13 do. Jersey, dark. f.-v .--j z-' .-.' ligni. percraie. ii o. per outs. 12 2 "-.W-4fil dT ''"'. s?i,"vriXiir'r' j,-TL";"w. ' U.2iT7y. riara. Mew '' Ii i'luirs. New York Marld tlraiMui.'' Haw York, aar ir. Wffft-i iiW)u. ZBaciaW. 'piusiia. Maw aR, T09)2C prune, 264 TW. YMGUTAlLltg :l n"wui,aa JnI(MW: P 1 ivl.40: titty TotTfc rlnU , II, . aMtlttatM Taslsaatr ssaaVT has Hal 91 f 1 i5Wir!?r.mr aw asariaaa. gar .aaBpar. EmwEW lev. wr Busn.-pasKM. .bVMsji, li.3T4 per,M.. Sff.Mi. i Wifcet Cuiioeed. r.?ef!aJfi:fl2: aiaeitwUh' MpS 0J(WII STRRTi miifMrON MOST ACTIVE TTlf!V ' UNITED GAS IMPROVEMENT FA Price Moyementa Throughout List Are Generally .& I .row Few Maturities Are Ahead for Remainri.- 1 of the Year The bulk of the trading on tho Philadel phia fltock- Kxchanue In the two-hour ses sion today was In United States Steel common The transactions In that one Issue were about three times as farce ns all tho trading In the remainder of the stocks. There wss nn early upward movement In the stock to across 120, or within a frsctlon of Its hlnhjirlce, but when it turned down In 'Wall street It did the same hero, closing: unchanged as compared with the final bt yesterday. Taken as a whole, the price movements wr.ro nsrrow and mostly on tho side of advances. One of the outstanding excep tions was United Gas Improvement, which dtcllned IVi. This was to be expected. In view of the denials of the many rumors concerning' the company's affairs which hnd been In circulation In the Inst few days to nccount for the strength, Philadelphia llapld Transit trust certificates KotJo 20, CURB ISSUES DROP ON PROFIT-TAKING Midvalo Steel Shows Small. Im-itrcngth provement in Early Trailing, but Closes Easier . NEW rontC. Oct. 21. Speculation In the Curb market today continued fairly active, and while nn upturn was shown In the enrly dealings this was followed by reac tions on proflUaklne;. The motor stocks showed little of the animation which char acterized the trading yesterday. Mldvale Steel, after a small Improve ment, eased oft lo tho previous close. United Alloy Steel developed a heavier tone on small offerings. Submarine -Pool, nfter a show of firmness, ran off fractionally. Car win Steel Tool, which has been moro or less traded In over tho counter, was traded In In the opening market rather actively nnd advanced '.i to 12 Vs. ' Wright-Martin Aeroplane moved within narrow limits on a fair volume of deal ings. Manhattan Klectrlcal Supply moved. up a point. American Writing Paper con tinued Irregular. - Motor shares were less active, with no trading reported during tha first hour In General Motors, which was heavily dealt In during the closing period yesterday. United Motors, after a small 'advance, eased off, , OU shares, while hlghar, were somewhat less nctlve. Some profit-taking was shown In Oklahoma Producing and Itcflnlng. Pralrlo Oil. and Gas nnd the Pipe Lines were Btrong. Houston Oil moved up over a point. In tho mining list Klplsslng continued firm, owing to tho strong flnanc al fcon dltlon of the company and the reported striking of a new six-Inch vein. Bonds were dull. A new pool was at work In Consolidated Arizona, which was traded In on a large ccalo from 1 to 2,i. NEW YOltK INDUSTRIALS DM. Aetna Eiploilvra Am urn iirir 12 Am Marconi 3 Canadian Car Co id Canadian Car A Fdy pref... B.I Chevrolot Motora ..,.107 Curtlsa Aeroplane 20 1'merson 1'honosraph .,,. flJ Haskell Darker Car , 40V llendee Mfc 23 Kathodlnn llronia pref....; 8 Maxim Munitions oM Manhattan Trans sj Mldvale Kteel 07 Laurel oil and Gas , nil "" Klovalor ., 07 I'eerleas Motors , saw Poole Kna .... ...'.::: II loT S 8 Kreave w I is Htandard Motora ...,...,.., 7 Hubmarlne 41U Trungie mm !!....;.".;;! 2 United Profit Sharing ...,( ,u U H I, and 11 com , 2i . do pref , 4K world rum ........::.::::.::::: itj STANDARD OH. 8TOCKS ''',"ls ,, 218 I'ratrlo Pipe ...2B Htandard Oil of California. . ,y ... .313 ritannard Oil of New Jersey..?.. ,.1100 Htandard Oil of New York 240 OTHER OH. STOCKS Cosden Oil 13 Cosden Co ' ml. Inter Petrol .."..'",......'' 11" Houston oil ih MlsVest Iteflnlnc , 74 Hupulpa ltenntnv DU MININd STOCKS Atlanta , n 'liu!!.::?.'??::':::'::::::::: 18 I'erro do Pasco , s Klrat National 4Vi Florence (loldfleld 40 llolddeld Merger ,....,, 7 Hecla Mlnlns ,,, v Howe Sound bC Jim llutler , hh Jumbo Kxlrnslon 34 McKlnley Darrsh on Magma Copper 17U Mines Co of Amsrlca gC NlPisslns (til Han Toy ,.,,. ..,...... 18 St Joseph lsd .....A l8 West Knd Con III. .III.! 07 White Oaks ....,.., 4 HONDS Cerro 0a .... Mldvale Ba ., Russian (1'is NEW YORK HANK STATEMENT Actual nnd Average Loon Decline, While Surplus, Increases NEW YORK. Oct. 11. There was a sharp falllnc off Ih loans In both the actual and average statements of the condition of the' members of the New York Clearing House Association for the week. .In the actual statement loans declined 141,960,000 and In tho average they fell ,21,il.ooo. This falling off In loans was reflected In a decline of 18,001,000 In net demand deposits In the actual and a decrease of 122,417,000 In tho average. The contraction In loans was plainly shown In the surplus, the actual advancing 130,611,150 and the average 11,691,710. ACTUAL price showed a rain f r. il.5. ,. TJs. .- ..i - .. . - i-wiris. i 4i, .view oi tne demands whieh . to be made on Investor, In ik 11 add tlonal foreign loin? utlir.Hl9 dentlal elect on. It Is lnt.e...i ,h H ahead for tho remalnderT","! en what tha ..j. . ..: . ne Vear m. financing for the purposes' nrr.5n,5i In all cnlv linn ..pos," f retaibiiaT this. Of this amount th l.Tgetl for Irlustrlals, or US OOt oon. 5 lll.51J.800, and iii,ii .:.,T;.V' HsaC:3 New financing for the TV tJl year, however, Is expected tK.. 1 as the InvestmentaWcSl goou. inero is much Irti. . """ around for Investment If a 71 Hj arsured. For ths last four rnTi. rM S porate. financing has aver.nth.U, l 000,000 .This montn Is on'sel?' "M much If any more ihM !Zl "kelr sseTl " amount. NEW INQUIRIES FOR STEEL DAILyI of ATnvW.- T y ,. by Further Orders for RaiJJ? uuvtry iiext rear The steel market shows no char, f, tho strength which has he. ..,: many months. Nearly every uy VI In neW.lnnulrlea nn ..t . . 7" 1 .... rai Bre far Into next year. This I. clearlr X" ealerl hv f.ie.h.e .i ... .cle')r ., . . i "'""" ,or r fromre,,; In this (Villnlrw ,M 4. j .. '1 '" " oeuvered err,i It Is lenrneil niiii am... nrlr... !,,. i."- -"?. "nneiy lh... orders."he rnau'e, iVU" f"'r sdM ton later. Imt i .... ..-., " "r HJ Ion prevails thah haTbe.rdUVfcl buyer to protect tho price It I, !,fc,X3 sldered unllUelv ii,. il. ' .! n0VaJ made In rails before :7h. ttai fbr-fl ment of tho products on these ord.J-l the mill, aro Rooked for more Va.eJel nnd are behind nn .i.n.. ,.. " ilrst j Whether the railroads will be comnerki,? to rav on mlvnno. ir - i. .TOm1,jS not be lenrnerf T.V ii.."w!.."e mM' fsTi that if nn , T 7T. '"I" ? sir p- -t Tho advance In wire products, whlekwan announced bv tha i.nrtin. iir.l,w r .Tf,: the last week, was generally exrctrt kitl freelv tired ctnl In n.... i T? J - . a vuiuiiins lor asa. D eral weeks. The Independent wire raa1 hnd bexm receiving a higher level for.aZIl with foreign consumption -said to U tJ2 n, although domestic ustn are not fer hphltif! vm Huvlnir of uYtmH ti -- . the third nuarter of next year hat tirtl.3 and RnfnA tnrir rti-.iaa n... 1- -aT.TTT S ,..!,.. I.Cl" .' "". .."" ",. , IC "'""" tumparauveiy snort ttBM. In tho opinion of trade authorities, the sta, chasing of steel for shells will be an tm. portant factor as long as the war osa. tlnues, and they point out that there Mesa to bo no end In sight, LIVE STOCK QUOTATIONS . CHICAGO. Oct. 31. IIOOS neeIM. Mis' Market strong. 10c htsher; mixed and btMefcnv i tU.0seiO.4Si sood heavy. jn.SIBIo 40TrlaV heavy. 18.11360.80: llsht. !0.GOM0,40; WZTI'i in in, i.xti. in niinin w I ' e1 el 5 CATTI.B-Rer'elpts, lOOO. Msrket H neevea, tA.S0Oll.40: rows and heifers. It fl ttfta sa4Aleakas ahit i&a4AaA a J Vff ie aa ass. 'f w.iiw. aiirynti as asiiu leryri , 1 lUWIslttl I fllal I70S. IS) calvea, tl.-S.ieil.Sn. "" "J SUEBP necelpls 2J0O. Markit iteaov. Sb, tlve and western. IIOO.SS; lambs, IS.::e5ld'lC RAILROAD EARNINGS KANSAS "CITY SOUTHERN' September srosa .... Net after tax Three months' gross. Net alter tax IBIS. 1974,701 310,1 1ft 3,80.175 1. 022.80! ATLANTIC COABT LINE Tear endlnx June 30 Orosi tl4.44S.110 Net ,,,. B,8S.S0.1 Other Income 4,117,1110 Total Income J8.7S..11 Surplua ,.,., T.7.1M13f plvidend a. 437. 781 Balance , 4,817.801 Iiana S,30S,Te6.O(7O Net iiemana dvpoelta S,20S,030,ooo e.l,Sfl,UOU Net lima deoosfta Circulation 'Itescrvs own vaulta. Ilea. Fed, res. banks, lies, othsr dep'tarlea Aggregate reserve It.r.D!! IHVl t4XS,Ss.1,OOfl l74,io.noo M,fl74.000 0l.7lJ,0OO . Deereaae, 141,000. 000 8,081,000 .471,000 111.000 24.021,000 8.1411, (UK) . 717.000 28,788,000 Itessrva required .,. 002.28l.440 1 71,1 ISO Uurnlus .,.!., B8,4-;5.500 SOlsil 1.10 Of which JJ02.6VO.OO0 is specie. W'D"',0 Iana AVKnAQK . l3.a20.T23.OnO Net demand deposits 3,200,779 000 wi.e . . ' in.,,B,i Net time depoi i.ircuiacion Iteaerva own yaulle. lies. Fed. res banks Ilea, other dep'tarlea. Aggregate rraervs . iveevr.vti reiiuirru. eurpiua 000 Sl.lt'Jt llArt t41S.lli,oM lnil.tltt.ooo AS,4M,000 OS7,042.IKKI 0ni.0S2.S4O irplua 70.OO0. Suu tO( which t3a,4t.OOO UVspeVie. ilncrsase. II3.8SS.OOO 22,447,000 40,000 , 2S7,000 ' I.ISH.IKHI 800.000 841,000 2.17,(1(10 3,2S,7$0 3,litfl,180 Increase. LOCAL CLEARINGS1IEAVY Big Increase ip Business of Banks Throughout Country Clearings of the rhlltdelphl banks dur. lng the week ended today were much ahead of last week and 63,9 per cent greater than a year ago. The bualnesa of banks through out the country waa heavy also, tha) total being t6.374.0,785, again 16,440.914 -813 last week and 14,050,619,404 a yai'r ago.. f Details follow) New T0fk,,.tl,34l,tJi.aM t,41.!. m&iiiii: BiHlvuu. ..- ChleaMa . - . 4 M. UM4U... J new utesaas ; jfca.'-tiMi.m.m .lM.e4.77 4M,8 rl 4, mm iwmmm imm "UMlltil :ber rltaaa, i -.--- -tq the 0s,. Me.0j4.iaea MH.OeS.lW f, uos :, l,i.aVU.4W TM Ml.1 4 a. I M.WI 441.4 w 11.M.Mstf HJmtJmm e.M.. Consolidated Gas, Electric Light &- Power Co. of Bal- timore Common . Stock. Earned last year fourteen-; per cent. i Pays seven per cent. ' , Yields six per cent. Is listed upon the N. Y.' Stock Exchange. Writ., call or 'phone for circular,, I 1 giving complete informatioa. ThoWpseB, Shwmird & Ot -, Members N. Y. Stock Exchangt ' 20 Exchtnge Place, N. Y. Phone Hanover 7010. Charles J. Bender & Co. , INVESTMENT BONDS ' Members Philadelphia Stock Kiehtsie NORTH .AMERICAN BUG. . . - I.EOAT, ADVKKTlSialKNTa , as. NOTICE IS IIKKEBIT QlVJOf !U an application will ba msd to Uslsng nor of tha Commonwealth on Moodar. lVf3 si AfA aa.AB lgllJt ..4 Ttiaaaamaa as Jalalttaura anaVasf Qiy OK iJCinvwit , s3iii Kif.1 n. HratfntMii !ra inrornoratlon and reaulatlon of carlala ouiaais lions." approvsd 'April M. 1874. and Iw "j menta thereto, for tha charter of an' hit; corporation lo bo caltd J inner A Berwsj ti Uiisvaiish and act ot AHemMr of Hit Coramonwfatl ytvaniA muieu o. vvy in hay and tOMea Knn-ta. and orlvllcara ly and Ua iufilUmBU: It. aad f orthsfs JlOgS , 4lN O. J0HNOK, ISO. 1AM 41 ,k! ttsas aM ..... J'l'.YiP.WSff1' THE aWAKO NAIWKAI, sMUst Pklladelsiila. October IT, J m.l . v.. . T -r - . t;t: ,r-.. j", A m M 'ins 1iTs.t.ra (lev. lass our hvwih . v iHS'Vtr.a.v.'.r of VtKM7e(.Se; 2i7 cs t HXBPH WATMK. Jr.. r iIh eLVsa willed. nm-Amm ss tr w Mtssuw wk mo k4v44t (or aat aaawlaaaaa. The na, ana in sso' IB SI' RuWt &'X?S& abases for Immu,.,.. oKarae4 awl aa aremiuiB, -' l m.n.r.mA .mm te.n.u. O.. -mAmr. Mvaisii . aww.'". "T'Tja IHMnTIIV U AOCOt'NTAKtIL f4) Kates). Asfs).ato . iWWlhW&i