anrjiils.1
Y$rorcr mdgbb-khiladbephu; ,otwkday, ootobbr h. iii
FINANCIAL NEWS
)Ck PRICE MOVEMENTS MIXED
THROUGHOUT DAY IN WALL STREET
'fhlbHc and Pools Are Aggressive Buyers, Forcing a Num-
ber of Issues to New High Records Wide
Advance in Bethlehem
' High Points in Today's Financial News
SUek market was strong during morning, with many new high records
V order. Ik the afternoon writes turned down, but another unward move-
h fNMt wets underway at the close. More new high marks for wheat. December
frnrtf at fl.78 J-4 and May ?i.78 7-. The close was below the best. Cotton
m if hmi. jO,ouv,uvv more goui omtra in new i orn jrom yanaaa. l nee o
Ur s4h'er tower.
, v NEW YORK, Oct. U.
Prica movement on the Stock Kxchango throughout the day were mixed and
Hm market tone was confused. Many Interests were at work, with a number of
tb oVd-tlme bull leaders endeavorlnrr to forco reactions, and banking Interests
wnttaued to maintain a negatlvo position, pending the election, whllo tho public
n4 poets were aggressive buyers and tho demand from these sources was cftcctlvo
tm attain forcing a number of stocks to new high records.
That the market was sensitive only to bullish Influence was nhown by the
rsspanea which was mado to the statement of the Central Leather Company for
the September quarter. That favorable showing was an lncontlvo for renowed
oewmukulon, on which the stock rose moro than 2 points, crossing 94 for the
ret time In Its history. While American Hide and Leather Issues, after declining
n the first half of the day, rallied sharply in the afternoon following publication
a decidedly unfavorable quarterly statement.
, Trading at times was concentrated In different groups. In the morning the
segr stocks were the most prominent feature, with American Beet Sugar selling
(kt the new high record of 103, and Cuba Cane Sugar roso 3 points, making a new
ktc-h record at 71 H. American Sugar Refining made a gain of more than 4
point to 124. Following these there was on odvanco of about 1 point In Union
Pacific, which sold at IBS, tho highest price touched since tho Southern Pacific
, ltributlon In 1914.
In Addition to these advances Bethlehem Steel rose 44 points to 629, also lift
teg Its high record, and General Motors moved up 17 points to tho now high
record of 837. Offsetting these advances there were sharp recessions in many
tattles. United States Stoel common, aftro a show of strength at tho start,
"ropped more than 2 points to 118V4, and both of the Marino stocks sustained
material losses.
Gold Continues to Flow From Canada
NEW TOI11C, Oct 24. Gold to the amount of 15,600,000 was received from
Canada this morning and deposited at the Assay Ofllco for the account of J. P.
Morgan & Co.
REALIZING HOLDS
COTTON IN CHECK
u
!!
prices Advance at Start, but
Decline in Later Trading.
Margins Increased
COTTON BELT WEATHER CONDITIONS
NEW YORK. Oct. SI. Clear condition
reTalled throughout the cotton belt this
iinr.
i following temneratnre were reeoraeflt
Milan ana llnoiTlllr, 4U
New York Bond Sales
tlOOO Alleah Vallar s
6000 Atntr Aar cv Bs
1145000 Anslo-Krench Bs
Hlith.
T
- p(
SSl MerM
uimn, 4Zt Kaahtuia nnd Kelelsn.
con, ei Monuomerr, uwanoroa ana
Atlanta, 48 1 lllrmlngham, Auguota
n iimmgion,
'viraoDurg.
kfcrvTcport,
jrensaroia,
1U1, I.ltl Riuk. M,mnh
-.-..--. t..-r . .-.. ..,.. ..-- ....
'viraoonrg, Mobile and TnomasTiue,
and
his.
sna New
Yeston. 7t Corpus
Si i
Charleston and HtTinnah. A4l
BSi JarkumrUI. Ft. Mmlth.
Orleans, 681 Han Antonio, 68t
nd ritiw Orleana. fiXi
Tampa, Sl Abilene, 88 Del Bio, 68 1 Oal-
inriati, 14.
NRW YORK, Oct. 24. Heavy overnight
Twitting- prevented the local cotton market
from making a full response to the sharp
advances recorded In Liverpool this morn
' bur,, but the opening tone was firm, with
prices s to 21 points net nlgher, December
Skewing- the largest gain.
Some of the operators who had purchased
at lower levels were the principal sellers
' en the call. A supply came from Liverpool
and.'eommlsslon houses also sold.
Southern Interests and Wall street were
the principal buyers. It was said around
the ring that the calling for larger margins
by some prominent commission houses was
responsible for the selling of some big lots.
, These houses are now asking their customers
to put up a margin of (10 per bale.
After the call December dropped about
T, points, but the other months showed
fains of 3 to points over the call, the de
mand Increasing after the early supply had
been taken up.
s Liquidation or realizing became more
general toward the middle of the morning.
At first the volume of fresh buying and
support from trade sources was sufficient
to "absorb offerings, but It gradually tap
ered and the market broko some 7 to 9
points below last night's closing figures
luring the middle of the morning.
In a general sort of way the action of
the market was similar to that which fol
lowed the advance to 18.78 for January
contracts during tho middle of last week.
That reaction was checked at 18.22 for
-January or' 56 points off from the best.
The market showed renewed strength
luring the early afternoon en a renewal
f bull support and covering. After the
execution of stop orders on the break to
,19.11 for January offerings had tapered
off, and, when the buying movement was
ronewed, there seemed to bo comparatively
Httle cotton for sate until March contracts
'had advanced to 19.50, or about 18 points
above last night's ctoslng figures.
The early afternoon market was nervous
and Inclined to be heavy at times, with
prices about twenty points under the top
f the forenoon, due to further realising
ahead-of ginning report
There were moderate rallies around mid-afternoon.
Test. close. Open 11 a.m. 13 m. 3 p.m.
........, '"-"
r ,...18.33 iv.
ix-ii jx-
W.OW .V
0
.102
on
103000 Amer-For Hoc do .... 81
ivuuu Amir smelt Heo os.,,114
1000 AmarTol clt 4a a?'
2000 do cvt Ws 113
2000 Amar Tabae Ga 120
12000 Amar Writ Pap 6a ... 87
22000 Armour Co 4ha 83
8000 Atchlaon sen 4a 04
8000 do adj 4a 80
18000 do llocky Mtn 4a... 86
22000 do cv 4a 1U6D 107
600O do ev 6a 1B17 101
68000 A U Una 4Via ...... 98
1SO0O Bait fc Ohio 3V, 94
4000 do Sa lot
29000 do 4a 92
4000 do CV 4Hs V
6000 Bath Steel lat 6a ....104
0000 do rfd 6a t.,101
6000 Draden Cop 6a BU
20000 llrook R T- 6a 1018.. .100
8000 Can Oovt 6a 1920. ...100
200O0 do 1981 101
1000 Cat Oaa A Kleo 6a..,. 99
100 Cant Oa cona 6a 108
4000 Cent Leath lat 6a . ,,103
7000 Cent I'ao lat 4 Dei
7000 Chill Copper la. ......12!
10000 Chea A Ohio cr 4k e 81
1000 do t o 4Ha ........ 91
106000 do conv 6a VI
1000 Chi at West 4 71
0000 CM Nwn en 4 9t
4000 Chto Un Hla 4tts 10c
irAIS ChJ u S Jolnt 0(
10000 do ren 4a,..., 9!
8000 Chi M Ht V 3Ha... 8(
4000 do dlv 4a 9:
2000 do 4a 1028 ;:; V,
18000 do cr 4 Via 101
105000 Chi R I 1' rfd 4a... 71
267000 do 6a 6!
18000 do 6a ct on eta.... 61
6000 Chlollwy 6a... 91
81000 Col Midland ct 4 l:
310500 City o( l'arla 6a 91
2000 Cona Coal nf !LM Km., a!
7000 Comp Tab Ilea Co 6a.. H8V(
7000 Cumberland Tel 6a.,.looU
6000 Dal A Hud conv 4e...l0
8000 Den A JUo Or 4a 80M
400U do 8a , 87
6000 Detroit United 4Ha... 85
1000 Dla Uecur Corp 6a,,.. 78
8000 Kris conv 4a aer A,...
looo do conv 4a aar U. . . . 7STI
10000 do conv 4a aer D... 87
1000 do prior 4a 84TI
1000 Hud a Man In 6 26
2000 do rfd 6a , 70
lOOO Hock Val lUi ti'2
10000 111 Steel deb 4Via,... USK
10000 Indiana Hleal Ba. I 1n4U
2000 Iowa Cent ref 4a HIV
iouuu in uent rid 4a vi
2000 do 4a 1052 .,,..,. hvU
looo intern Met 4Vaa 73
173000 Interb It T ref 6a, . . . 08
1000 Int Mer Mar ct 4Vis..lt9y
euouu ao us
6000 Jap new O 8 4tte...,
10000 Kan City 8o lat 8a...
10000 do '6a .,
2000 King Co Kiv Sta 4a..
1000 I,ex A B 6a....
2000 Lack Steel 6a 1923..
12000 do 6a I960
2000 tcledo Oaa lat 6a...
tlOOO I.k 8h dab 4s 1928...
6000 Lis A M T 8
auuu iruiara os
f.
ir KKfry
ymron
...11
inAn
."' tJX-TX
....... Jf.jX
,,.,o,w
.44
1.40
1.47
ttl
19.88
19.82
19.86
19.60
19.70
io.in
10.20
19.85
19.48
19.80
10.43
10.44
1U.67
A
Liverpool Cotton
LIVERPOOL, Oct. 24. Spot cotton to
star was In good demand and 87 points
Jateber en the basis of 11.13d for American
savMeUlM-. The sales aggregated 10,000
We,. Including 8000 bales American. Im
arte, 24,000 bales American, 20,000 bales,
tfeo market for, future olosed feverish and
totsettted -t a net advance of 11 IB V4
ye4nts.
Financial Briefs
20000 Louis Nash 4a.
B6V
16000 Minn Ht I 8 H M 4a.. D.1U
10000 Mobile A Ohio 4a 97
20OH Mo Kan A T Jat 4a.. 77Vi
10000 do 2d, 4a 48
HKKIO do 4Ma 41
85000 Mo Pao ct 4a., 67V4
124000 do w I 4a lIH'i
20(H) do cv ct 5a 67
2U000 do w I 5a 1923.... U7
2000 do 6a 1920 07K
mux) Mont Tower 6a 99 VI
3000 N Y Air Drake cvt 6sjl04tt
25000 N T C A It 6s .114H
1000 do 8Vil.... 84
6000 do 4 U2t
14000 do 4Hs....... (J8M
UJOOO N Y City 8a 1965 07 .
8000 do 4s 1980 reg 101V4
1100O do 4s 1957 , 101 ,
2000 N Y City 4s 1969. ...lOtU
200O do 4Via 1988 lOUK
6000 N Y Oaa HAP 4 88ft
2000 do 6s 104 V,
8000 N Y Hwv ref 4s . .. 76
28000 N Y Itwy adl 6a 63K
01
85000 Nor I'ao prior 4a UflVi
Is
2H
101J4
looK
10000 N Y Tal sen 4V4
nouu MOTl at vaat oiv aa,.
do fen 8;
92,
The Buffalo. .Rochester and Pittsburgh
jyu entered five mallet 215-ton engines and
taa MNtads It 9-ton locomotives from Amer
ican Looomotlve Compahy since beginning
at Ootober.
X OMoago Board of Trade, membership
JT kM seen soM for 87800, an advance of 1100,
iT susa a sew Jilgh.
Tbe Central Leather Company reports an
tanrimn of 4,91t,OS4 In the net earnings
5r the craarter tnulM. September 20 over
Mm etarreaeoBdlng quarter of lairt year,
Met earnlM of the Ameriaan Hide and
Company for the quarter enaea
w 89 were f 2Te,v87, a deerease of
K.M4J as' compared with the correspond-
arter of the previous year. The
was 1116,712, as against 1427,857
mi aaaital meetlRg ef the eteek
4kf the Land THle and Tiuet Com'
tM atreelers were ye-eleaHe4L
et? the wwffsny to the 4e ef
Weptesusw at. un; saa)w net
Ws.M ; aawata. 2lt,H,194 J eap.
Mnaauj fawei, ,im,w
sasMseekMify laMf'traM
Kev fork
imjm t
Ito Tvou Cents! Llgat aad Fewer Corn-
Mtws-M sreee eaxaMaPJ fee Wssjsewi) ar
K4JH. sM ooaacaarad wtth I74.8TI In
m ms year. Net mrresasa
t
M
V4 95V4 oSV4
IS 102 102
V. lO'iii 1
OIK
New York Stock Sales
70
eoji
07W
im ,
8S
(10 Ji
81
loi H
88Vi
losH
uitl
i -
162VI l6JVi
98,, 98 ,
II" 80W
103
VI
1
uim ir
200 Un
F 4a.
jaBifilSLIf
lOOA Va u Brown Bros
vn
79
Last, clo. High. Lew, Close.
ArmeTM . . 691, 69) COM 69J4"
Advnumely 10 10H 1(1 15
Adv Itomely pf , 31J, 3.1 35 ?5
AUsks J Gold M 7H 7H 71, 7
Aim Chilmen Mfc . 'MM 2011 25K 25J,
AI1U Chilmen Iff; pf. . 81( HH Bl?f 81f
Ara At Chemical 80k 83 81 83
Am net Suttr . ...101W 10.V 101! 102
Am Can
Am Cir ft YAj
Am Cotton Oil....
Am Hide A Leather
Am Hide A L pf ..
Am Linseed.
Am Unseed pf. .......
Am IiOcomotlTe, . .. .
Am Malt Corp ,
Am Malt Corp pf. .
Am Smtlt A lief ,
Am Smelt A Itef pf. . .
Am 8mclt pf A
Am Steel Foundries ..
Am Sugar Ileflnlng .
Am Sugar Itef pf..,.
Am Tel A Tel
Am Tob pf new., . ,
Am Woolen ,
Am Woolen pf.,
Am Writing I" pf.
Am Zinc I, A Hm.
C2W
68'f
CAM
. lOJi
. 77M
. 2A!
. 68M
. 82)
. 11U
..49J
112
.118
. 05)j
04
(12
07'f
67
17K
73
2414
67M
81
11!(
49
112K 109H 1111,
118 118 118
00 06 00
04 MH MM
tax
09
67M
19l(
77M
2IU
68U
60
02M
m
67H
17M
73M
24M
67M
81M
11M
60
.120M 124!a 121't 123M
120)f 123M 122 123M
.133 133 13.1 133
.108M 108
. 63 63M
. 08S t)8M
. 42U 43H
40!i 47
107M 107M
62
OSM
42M
40H
77
3M
07i
62M
08M
42f
40M
77
05W
07M
Am ZlneL A 8 pf 77M 77
Anaconda Con M 05)i 00
Associated Oil . , 07M 07M
Atch Top A H F 107H 108M 107M 107M
AlCH TASK pr lOOJa 100J lOOJi I00M
All Coast Line ,.120i 120H 120( 120),
AtldulfAWI 00 im!4 05 .05
All O A W I pf 07M 6S 07!f 07U
fiald Loco Works 80) i 87 81H 84!(
Ilald Doco Works pf.... 109 108 108 108
Halt A Ohio
Halt A Ohio pf
Darrctt Co
Ilcthlehem Steel
llcthtchem Steel pf...
llrooklyn Hap Tr. ....
DUrns Uros
Hush Terminal
Hullo A Superior....
Cal Petroleum
Canadian Pacific 170
Central leather......... 00 K
Chandler Motor 100
Chcs A Ohio.... OUM
Chi Oreat West pf 40K
Chi A Northaestern....l2!)
Continental Can...
Col On A Klec. ...
CM Mil & St P....
Chi Mil A St P pf,
Chi 11 I A l'ac... 25
Chile Copper
Chlno Copper
Consolidated Gas
Con O K L ft V Bal.
Col, Fuel ft Iron
Col ft Southern
Corn Products Itef...
Crucible Steel 89
Crucible Stool pr 123
Cuban-Am Sugar 230
Cuba Cane Susar 08M
88M 8SJi SSlf 88W
. 75J 76 76(4 76!
.167H 158 157M 158
,6M 029 693 010
.133 130'f 136K lSOli
. 84 84)( S4M 84X
. 80 80 80 80
.109M 111 111 111
OSM 051 MM MJi
24M 23K 23JJ
170U 176M 175M
05K I)0 OIH
100 105M 105V,
70 GOli COM
41M 40M 40M
129 129 129
102M 101M 101M
38H 37M 37M
05M 05M 05)f
24M
105
38
05J,
127i 127 127
18M
sinon
6000 Ore Short L, ref 4s...
inooo ore ity A n con s
11000 Pan Qaa 6a
xwoy racino ;isi o.. ...... iu
anno lVnna 4a 1048 0
18000 do can ct Ua 10
1858 ft.a.4,.fci-:::::: 8!i
JIHHJO X'tBOpitja Ull 041 t AU4fl jiu
B0O0 Publio Berv N J 5... PSU 3Vi
10600 utiinjr jrn 4i,..,. on on
feKnraft"U::8i!vi k
m Rf.pirrV'Yt-4;:::l6lJ
11000 do 4s VVi 77i
lOOO fit L I M A H Olt 4s,. 18., 79,
129000 do Bar A w I ,.
$6000 do Bar II w.i ..
1000 St Loula Bwn 6, , .
7000 do con 4a .. . ,
1090 Seaboard A U adj 6s
Anon An rfd 4a . . .
2000 South Hell 6s ,10
W0UdSeIv"4.',T. .:B
18000 do cy ret f p 6s..,103U
19000 do rfd 4a ... . .... Oisa
5000 South Kwy sen 4s,.. 7
6000 do con 6s . , ,1021i
0 Teg A Pao 1st 8a..... JJ
200 Third Are adj 6a.... 7T44
2000 Tol Bt L A W 8V4 a rag 80..
8000 lltab rower. 5s 96
2000 1 B Rubber 8s . , . ,102
lSftSO U B Bteel s t 6a..,. 100
aq m i tjm l'"L vv
ft or u a m, , vv
Ion Pao 1st 4s 98
84
K8
Va. Ctr Chm Aa.....l01Sa
Va Rwr 5a tttt
Wab-1 T 1st ct f p 4s M
wl Bdore aa ......
WheellB ALB 4a,, .
Calton Huyera and Sellers
NatW TOBK. Oet. 24. December--Wig-gin,
Burnett, Kountree, SJohlll, Kllnn and
Hants Wvwbt: Wilson, Hepklns, II. Hub
ba4, Yeung aoi lter sold.
Jaimnwy Myman, McKnany. Wlggin,
Wewtew, K Hubbard, Mitchell,' Uunde,
Marttft, Bulger. Bearaeley and if, Hartoorn
iMMtsfiUt C- Kteks. taohlll, Cardow, Kelffor,
Dowtas and FHnn sold.
March Kwnn, KeUCer, OulU, SkdtlU
and Fraaioan Mbt tOUterd, Shatt. Bevrt-
itt, Watare. Mitotan, w, atunoena, TfT.
HHinMrti mus wuaaa sM.
NajSrOMLB. lWI
Cuba Cane Susar pf.
Denver ft Itlo Or ,
Den ft Itlo Or pf
Deere A Co
Distill Bee Corp'n....
Dome Mines
Drlecs Seaburr
Krlo
Krle 1st pf
Erie 2d pr
Gaston W ft W
General Klectrlc
General Motors ,
General Motors pf . . . .
Goodrich II F ,
Granbjr Consol
Greene-Cananea
Groat Northern pf. ...
G N cfs tor ore prop.
Gulf States Steel
Illinois Cent
Insp Con Cop
Int Agricultural. ,....
Int Agricultural pf . . .
Int llarv N J
Int Con Cor v t c sh.
Int Nick v tefs......
Int M M c of dp
Int M M pf cof dp..
Int Paper
Int Paper pf
JenelTea
KO Ft 6 AM pf....
Kan City Southern. ..
Kelly Sprlnz Tiro
Kennecott Copper. . . .
Laclede Gas
Lack Steel Co
Lake Erlo A West....
127
27M 25M 27M
22M 23M 23 23M
, 68M 69M 68M 6SH
.140M 139M 130M 139
.1I0M 120M UDM 120),
60 65M 64M 64M
31M 33 33 33
18M 18 18
90 87M 00
121 121 121
23JM 232 233H
71M C8M OSM
. 07M 08 07H OS
. 10 19 19 19
. 4GM 47M 40M 47
.03 00 05 00
. 45H 45M 45 45
. 24 24M 21M 24M
. 90 87 8. 87
. 38M 39M 38M 38M
. C3M 64 53M 63M
. 45 45 45 45
. 49M 49M 48M 48M
.184M 183M 182M 183M
.820 837 835 835
.120M 127 120M 120M
. 74 74M 73M 7JM
. 91M 01 01 01
. 62M 52 61M 61M
.110M 119M 119 119
. 44M 46 43M 43M
. OSM 05M 05M 0.1M
.109M 109M 10SM 108M
. CO GOM 00 CO
. 10 10M 19M 19M
. 49M 60M 49M 60
.110 117M 117K 117M
. 17M 17M 17M 17M
. 61M 52 60M 62
. 41M 41M 40M 40M
.117 110M 114M 115M
. 40M 49M 45M 49M
.102M 103M OOM 102M
,. OOM 00
. 73 74
,. 27M 27M
.. 7bM 78M
63M 64M
.10SM un
. 87
. 21M
45
87M
23M
40M
42J,
84M
209M 20S
121 121
20), 25 W
05 05
80
71
20M
78
63M
109
Mi
22M
40W
30
84M
00
74
27
78
63M
109 a
80)i
23
40M
39
84M
208
121
20M
05
Lake Erlo ft W pf.
Leo Rubber Tire 43
Lehigh Valley 84M
Liggett A Myers 200
Lorlllard I' Co pf 121
Loose-Wiles Illscult .... 25
Looie-W Ills 2d pr 00
Louts & Nash 137J, 137M 137M 137M
Maxwell Motors 00 00 bO 89M
May Dept Stores 07 07 07 07
Mei Petroleum r.HOM 112M 110M 110M
Miami Copper 39M 39M 39 39M
Minn ft St L new 33 33M 32 32
Minn St P A 8 8 M....125M 125M 125M 125M
Missouri racme 7M SM 7M
Missouri l'ac tr cfs 7M 8M 7M
Missouri l'ac w 1 24M 25M 24M
Mlssourl.I'ac pr w 1 67M 67M
Mo Kan A Texas 0 OM
Mo Kan A Texas pr. ... 15M 15M
Nat Illscult 120M 128
67)1
0
15M
128
84
29M
09
7M
7M
24M
67M
OM
15M
123
84
29)i
09
Nat Cloak A Suit 84 84M
NatEnamASCo 29M 0f
Nat Lead Co GOM 70M
Nat Lead Co pf 115 114M 114M 114M
Ner Con Cop 22 J , 23 22!a 22M
New York Air Ilrak ISO ISO 157 157
New York Central 108M 109M 10SH 108M
NYNIIA1I 01M 01M OOM COM
NYOAWtat J7M 27M 27M 27M
Norrolk ft Western HIM 145 142M I42H
Northern Pacific 113 112M 112 112M
Ohio Cities Gas 84U
Ontario Silver Mln OM
Pacific Mall 25M
Peoria A Eastern 14M
l'enn Railroad 58
Philadelphia Co 41
Pitts Coal c or dp 3GM
Pitts Coal pr c or dp.. ..108M 108M 108M 108H
l'ltUDurgn stee pr 105), 105 105 105
, 73). 74 72 72
130 131 131 131
64M 64H 63H 63M
10UM 101 101 101
20M 25M 20
11 IM 100M 109M
85M 84M 8IM
OM OM OM
25M 25H 25),
14)1 14M 14M
68M 67M 6SM
40M 40M 40M
37M 30H 30M
Pressed Steel Car.
Pub S Corp'n N J..
Ity Steel Springs....
Ry Steel Springs pr.
Ray Con Copper .'0
Reading 111M
MANY CURB ISSUES
MAKE GOOD GAINS
Vigorous Demand for Now
Stocks, While Old-TIme Fa
vorites Arc Neglected
NEW TOIUC, Oct 24. The situation on
the Curb has become' one In which special
developments are effected In forcing move
menu In different Issues without regard to
transactions In the mat's of securities dealt
in that market
Many stocks were In vigorous demand to
day and made substantial advances, while
old-time speculative favorites were neglect
ed and could only find buyers at conces
sions. Charcoal Iron was one of the strong
features, moving up to , a now high record,
In response to the showing made In the
statement for the quarter ending Septem
ber 20, and on the advances In the price
of Wood Alcohol, amounting to 12 cents a
gallon In the last JO days. Martin Arms
was tho most prominent feature, advancing
from 78 to 87. Only a short time ago It
sold below 40.
Southern Oil was traded In for the first
time, with transactions at 8 to 8U. A
number of other oil stocks also showed
pronounced strength, with Sinclair advanc
ing from 49 to B44. Houston Oil continued
active, with sales above 20, and Metropoli
tan Petroleum sold at 12T4 nnd 14. There
was renewed activity In Flemlsh-Lynn,
which rose from IK to 2. General Motors
new stock, delivered today, ranged from
165 to 170. Tho preferred sold at 9SU.
Maxim Munitions were active, advancing
from 6H to 7. Western Paclflo new stock
sold at 19 H and 20. Zlno Concentrating
was steady, with sales at 4 nnd 4H.
Tho mining stocks were fairly active,
with Magma advancing to the new high
record of 22 M. Dundee Arizona sold at 2.
Standard Oil stocks were again strong, with
Ohio Oil advancing from 270 to 384, Illi
nois Pipe Line from 221 to 227, South Penn
frcm 4E0 to 465 and Standard Oil of New
York from 212 to 244.
INDUSTIIIAL3
Aetna Eiploalvea ,.
Amer-Ilrltlali Mfg , . ,
Am Marconi
Canadian Car Co
Canadian Car A Fd pref
Charcoal Iron
Chevrolet Motora
Curtlaa Aeroplane
Klaenlohr Tobacco
llaakell A llarker Car
llrndee Mfg
Kathodlon lironte pret
Maxtm Munltlona
Manhattan Trane ,
Mldvale meet
otla Klevator
I'eerleae Motors
l'oole Eng
H 8 Kreage w I
Htnndard Motors
Hubmsrlne
Trlanale Kllm
United .Motors 6t)!4
unuru j-roni nnaring ..
U 8 1, t II com !.
do Dref
World Film
Old. Asked,
ll'.a 11
12 SO,,
a 3U
.19 49
OS 72
TU 8
IDS SOO
SO S9
8i V .
42 Wt
".. 1014
S ?
Hi flt
fl7 70
J 4 29
109 . un
12U IS
7 8
1W 2..
2H
ev
i la
1H Hi
Republic Iron A S 78M 80M 77M 77M
Saxon Motor 80M 81 80 60
Seaboard Air Lin 16M 10M 10)1 10M
Sean. Roebuck ft Co... 214M 217 210 217
South l'orto It Bug 223 225 225 225
Southern raclflc 101M 101M 101M 101M
Southern Ry 29M 20M 28M 28M
Southern Ky pf OSM 68M GSM 08M
BUndard Milling 103 105) j 103)1 10.1M
St Louis A 8 f w I -Ml 20H 20 20
StudebakerCo 135M 135 133 133M
Studebaker Co pf HIT, 113 111M 111M
8TANOAI1D OIL STOCKS
Itllnol 229
Ohio 07.1
I'ralrle ripe , 207
Htandard Oil of California 3B0
titandanl Oil of New Jrraey (104
Standard Oil of New York 242
OTHER OIL STOCKS
Coaden Oil
Cosden Co
Inter Petrol . .....
ltouaton Oil .,...
Irfiurel Oil Oaa
Midwest llennlng
Sapulpa Ileflnlng
MIKINO STOCKS
Atlanta
llutto Copper at Zinc
Ilutte N Y
Cerro de Taaco
l'lrat National
Florence Ooldfleld
OoldDeld Merger
Hecla Mining
Hone Hound .. ..
Jim Ilutler
Jumbo Hxtenaton ....
McKlnlev Darrah
Magma Copper
Mines Co of America
Nlplaalng
Hnn Toy
Ht Joseph lad
Weat lind Con ..
White Oaka
230
878
800
053
flOfl
44
13 1SU
10U 17
2i a
72 74
OTl lO'.i
in 11
7i 7Ti
1H 2
88 80
4 4U
38 42
7 8
7 7
BS B
02 94
34 3(1
an 03
21 21U
18 2?
18 20
18ti 10
70 79.,
4 4)i
Cerro 6a . . .
Mldvale 9a .
lluaalan aVu
llfl.,
100S
8.,
looK
NEW YORK COFFEE MARKET
NEW YORK. Oct. 24. The market for
coffee futures opened steady at an advance
of 6 to 10 points. Trading on the call was
active, with sales amounting to 16,780 bags.
Thero was continued buying by the same
outside Interests who helped prices yester
day, and, while there was some realizing,
all offerings were readily taken and, after
tho first hour, values held steady with trad
ing fairly active.
Today's Teaterdav'a
vycmus.
Close
octoDer m. ohsih. ro
November 8.900 8 SO
December 8.84 418 AS 8.5I1&8.S9
January ii.00O8.70 8.n0O8.0
February S. (1208.03
March 8.7308.74 8.l3(8.(lrt
April ., 8.0908.70
May 8.848.83 8.748.79
Juno 8 78 n 8.80
July 8.0398.01 8.84Q8.89
August. 8.8808.89
September 8.8800.00 8.02V8.V4
m
Money and Discount in London
LONDON, Oct. 24. Money on call was 6
per cent today, unchanged. The rate of
discount In the open market for short and
three-months bills was 54 05, per cent
unchanged.
Sugar Prices Higher
NEW YORK, Oct. 24,-tThe Federal Su
gar Iteflnlng Company advanced fine granu
lated 10 points today to 7.60c. All other
refiners are quoting 7.E0c. The last sale In
spot Cuba raws was unchanged at 6.62c.
High Prices Hold Up Business
MANCHESTER. Eng., Oct 24. Business
In cloths and yarns Is being checked by
hlclier prices.
StuU Motor,
Teno Copper...
Triaa Co..
Teias Paelljc. .,
Tnira Avenue
Tobacco Products......
Tol St L A Wett, .. ....
Union llag A Paper.,,,
OSM 09 07M C8M
. 23M 23M 23 23
.220M 232 228M 230M
. 13 12M HM 12M
. 54U 54 53 62M
. 64M 54M 51 M
. OM 0 0 0
ISM 10M 14M 10M
A
Ualon Rat P Dew ......101 100M 100M 100M
United O Mtn pr ,108 107M 107M 107M
United Cigar Storei 101M 101M 101 M 101M
United Fruit 101M 104M 102 102)j
Union PacUk) 152M 163M 151M 162),
UBOIPAF 25M 25 24H 25
USOIPAFpr 58 67M 67M 67M
U fi Ind Alcohol 130M 138), 135M 137
US Realty & Imp.,..,. 32 34 31 31
US Rubber 01 02 01 01M
U a Rubber lit pf .11M 111)$ 1UM 111M
USSfliR&M 73M 73M 72M 73M
U S Bteel Corp'n 120),' 120M 118M 110
U 8 Steel Corp'n rf.,...121M 121M 121M 12l)
Utab Copper 100M 102 100)4 101
Va-Caro Cheat., 40M 47M 40), 40M
Va-Caro Cheat pf 111M 112 112 112
Va Ires Coal ft 0...... 49 40M 49 49
WaUea.,....,, 15M 15M 16M 16M
wat4p(A ,..,,.. . ma coj
WaUJl pB. ........, 31M 31M 30M
WMttra UaioaTd 1CSM-, 10) 103
Wert X AM, .,'...,,.. MK QUI 03M
WeaUta Uuyiead, , , . , , 31 31M 31M
WMte M4w... ...,, 6M 6M 08
Wttsel ft Laa sM 3M 2M 3
WbaelftLK lttBf,... 6M M 6M
WawiaLgMW 3M 2), 2).
WU'ys OrefUad 4H 4W 4
Wmtye OrtaUad ft 104 104 IM
WwUtoo JFwia.,,,., tU U U
WoftkPsaip iti , 9h MM M
k Hrt4e
DIVIDENDS DECLARED
Diamond Ice and Coat Company, regular quar
terly of Hi per cent on the preferred atoclc,
Eayable November 1 to stock ot record Octo
er SH.
American Exchanga National Dank, uauat
aemlannual ot 9 per cent, payable November 1
to holders ot record October 20.
Market Street National Dank, regular semi
annual of 4 per cent, payable November 1 to
stockholders of record October 81.
Sixth National Dank, regular semiannual of
5 per cent, payable November 1 to stock of reo
ord at close of business today.
BONDS
Carefully selected securities, of
proved merit '
Send (or Circular.
MELLOR & PETRY
.. . New York Stork Exehanga
Members rhlla. Mtork Kxrhanga
338 COMMERCIAL TRUST BLDQ.
18 SOUTH BROAD STREET
NOT1CK OF.
ii
TO ISSUE
NOTICE 18 HEftKUY
. of Ilereuber. IBIS.
holders or the unii
i;
on the lh
Stock-
OF MEKTINfl TO II
HKFKHRK1 HTOCK
llitlKUY U1VKN that
ftareinber. 1018. at 10 a. m.. the
-jni'itTniuaata- HJSAL.Tr
IK COMl'ANV. a corporation of
tbe State or Pennaylvanja. will bold a meeting
at the principal oince or aaia uoinpan, at 617
North American Building, froed and Baneom
ata.. In the City of PhlladaTphla. for the purJ
soae ot conaldarlng tbe advisability, ot leautng
nraiariad a took of tbe said corporation to tk
amount ot Twenty .Thouaand Dollars (120.
and to Issue the said atook If a malorlty li
taraat si me siocanoiaara ,Mf l' osj"
Secretary,
In.
rata.
FRANKUN NATIONAI, BANK
FhlUdal&hla. October IIS? UK.
The directors have this day declared a aerel-
58M annual dlyldeud sr ten tie) fr eeui, free of
6aHa J. WU. XARDT, Cashier.
31M assessarastei
68
SB r
46 Keiles as Uf
VJSU VsuuTk
mm asawuvmi
Sales in Philadelphia
High. Loir. Clot's.
45 Acme T Co"
Dref t o. B7H 7 7W
SO Am Oas ..ltOH ltOU ltOVs
Net
cage.
i
3SO Am V Milne- Iti SVm. DVi
SO Dttld Loco. MH "4 84t 1H
1SS O ft S t 0. 00 60 60 1
si do pref. BT B7 B7
so Crucible S. sH 8W 8H W
10 C Leather. 9tU OtV. Oty 1
10 O R I a P 17 ST T
100 Cub C Sua; Tltf 11 7M4
OT Kleo Stor. 004 Vi H Vi
80 Brie SO 89 38
118 Ins CoNA mi STH S1H W
SO Ky Sec. . S4 S4H S4W SH
ST Key T Co. 1SH H 1SH V4
100 Kenne Cop B8i B8y4 B8
2580 Lit Sup C. 14 14, 14H H
18 Leh Nav . T8H T8J4 T8H H
80 Leh Vnlley sti 84 844 H
o 1, V Tr pf 48H esyt 4SVi H
185 Nev Cons . 18 St SS
1808 Penna n II 881 88 88H X U
10 Thlla. Co.. 41H IM 41W 1H
SSO Phlla Kleo. SStt S8H S8i K
STO PUT tr cfs 104 10S W
$8 Phlla Trsc, 80 80 80 , . . .
too liny Cons. 38 38 3a ...
BO Hep Ir & S T8H T8 T8i 14
484 Ton Mln.. 8
SOT Union Trao 48 43 ' 45 . ...
bos Un O Imp. oovi sou o)4
11680 U H Steel. 1S0U 118H 119 1
810 Utah Cop. 1014 100; 1004 -1- '.4
TB War I & S 0 94 9i
345 Cramp & 3 BS 81V4 8S
s
Net
chge.
H
I10MIS . ,
High. Low. Close,
88700 A a & E Bs 97 00 H 97
1000 Ch Cons 5s 97 BT 97
BOO C 4s '42cp.l011a 101U 101)4
S000 do '41 0.1014 f014 1014
oioo Rl&P Tr 4s at siy ss 1
1000 K T 1st 6s 01i 074 07S U
1000 L V tn la Ot)i 93 H '. V
11000 do cons
4Kb '03.10014 100 100 M
2000 doCoalCs.l0ST4 10574 105T4 T4
4000 Pa Co sen
4is ...108 103 108 Va
1000 do cons
416s ...10S.4 1054 1084
1000 Phlla Co
corra Es. 89 80 89
8000 ItdK ffon 4s 96 96 06
iooo sp-A I 6s.ioti lot; lot;
1000 S 11 E S 4s 00 Vi 09Vi 90U
1000 U R Inv Bs 73 73 73
3000 York Rwy
1st E9... 98 08 98
Local Bid and Asked
nriu J a
Duft A BU8Q t o
do pref to
Daldwln
Klectrlc Storage ....
Ueneral Asphalt ....
do pref
Keystone Tel
do t e
do ptd
Lake Sup Corp ....
Lehigh Nav
Lehigh Val
Lehigh A'al Tr ....
do rfd
Pennaylvanta
l'nlla Klectrlc . . . . -w
l'hlla Co 7!
do B per cent pref.
do 0 per cent pref.
Phlla nap Tran t c.
Reading
Today Teaterday
Did. Aaked. Did. Aaked.
. 85 87 ST . 87
. eoyt ai nv4 ..
. ne(i .. r)4 BT
, 84H KS . KV 87
. 08 ea',1 vy 70
. 7lS ViA 72 TM
. m2 18 12H 12
. 12 V, 18 12'a IS
. 87 8 07 68
. 14H 14J 14H 14
. 78 7i 78 , 78V4
. K4U MVa H4U
. 21 Sl 21 21
. 48 . 434 4J 4BJ
. B8V4 B5f 8H., 8HV
. 8 28g 2814 28
. 41 42 41 42
. 88 38 3 , 38.,
. 41 42 , 41J4 42
. mv; i4 ioS idjI
losu look lllS lii'.i
Bis Gain in Cotton Exports
WASHINGTON, Oct. 24 The Depart
ment of Commerce reports the exports of
cotton for tho week ended October 21 at
211,676 bales against 1E7,E16 bales In the
corresponding week last year. Since Au
gust 1 the clearance of cotton aggregated
1,571,874 bales compared with 1,128,661
bales In the same time In the previous
season.
Plan Cotton and Grain 'Change Home
NEW YORK. Oct. 24. The American
Cotton and Grain Exchange, Inc., a mem
bership corporation, has filed with the Sec
retary of State at Albany a certificate of
incorporation. The purposes for which It
has been formed are to provide a suitable
building; or room for cotton, wheat, grain
or other agricultural commodities, eta. In
the city of New York; to foster trade and
commerce In these (staples; to promote the
convenient transaction of dealing fn the
commodities and te adopt standards of
classification In the cotton and grain trades.
Standard Mortgage Bonds
To yield from 4.30 to over 6
Short-Term Securities
To yield between 5 and 6
It is our purpose to have
always on hand adequate
and diversified lists of the
highest grade investment
securities. We invite re
quests for circulars.
eW.G,larR$eOe
TtANKKRS
(Eatabllahed 1887) ,
Members Philadelphia, Near TorlQ
and Chicago Stock Exchanges v
321 Chestnut Street
Philadelphia, Pa.
Pittsburgh
Xloston
Chicago
Witlf's-Barre
Heading
r-h-a
-;.
Kfr
iyfty
IFF II "fj"fi " bjF
BVUOtAh imcw
pjsr and
ijr gtvea that a asaotal
s Of to aapve
illbt BruasiMl
yeii BuiMiac.
r.. aa sua
at'eat
or aiaasafaylaa a
MlftaM tki lbs.
?&'$
B-1 - W8SS1
"f 4lsaTjBajaM
.Wgaaa8Blaa.t
sJii
A'ir?V:- is '
We Hive Prepwed a Very Complete
and Comprehensive Circular on
Nevada
Consolidated
Copper
In which Is set forth a detailed state
ment of the developed recoverable ore
reserves.
Auett and Liabilities
Production and Earnings
Property and Equipment
Control and Dividends
We shall be pleased to send a copy
of this droular to Investors on request.
Newhall, Churchman & Co.
Members Nsw York and rhlla. Steele
jutaaaai,
JL? lr-J
pw j era
BtAck Biehange tH4.
lhlladelhla
CHr
DTVTBHKIHI
TRADING SMALLER IN PHILADELPHIA-
BUFFALO AND SUSQUEHANNA .ADVANCES
Cramp Shipbuilding Gains Two Points Movement n
Frices Mostly rracuonai unuea otates steel
Common Most Active
Business on the Philadelphia Stock Ex
change during; the momlnf was smaller
than yesterday and pries movements were
Irretrular. Two developments of Interest in
the early trading- were advances In Duffalo
and Susquehanna common to the best price
of the year and a rain of 2 points In Cramp
Shipbuilding;.
Starting- fwlth a bid of S!i. Buffalo and
Susquehanna was steadily bid for unUl so
was reached before a sale was made. At
this price 186 shares chantred hands, Cramp
LOCAL MINING STOCKS
TONOPAK STOCKS
Bin.
Jim Batter .. J
MscNamara '.'
Midway V5
Mlspah Extension
Montana
North Htar .'f"
Tonopah Belmont ... 4S
Tonopah Extension JN
Tonopah Mining . . s
Iteacue Eula , "
West End . 88
OOLDFIELD STOCKS
'"
Atlanta
Illue Bull
Ilooth .
Ilulldog .
cor?..
Combination
Fraction
Dlamondfleld II 1)
Dalar
j- lorence
Ooldfleld Consolidated
aoldneld Merger
Jumbo Cxtenalon
Kewanaa
Oro
Bandatorm Kendall
Silver rick
MISCELLANKOUS
Nevada Hilt ."
Nevada Wonder 2.-'2
Tecopa Mining 10
pj
.in
.01
.01
.08
.or.
.or,
.40
.88
.07
.88
.10
.03
,04
Asked.
.Oil
.13
28
10
,T2
.17
.24
.70
tl
08
IS
02
04
08
07
07
45
0
8
88
.13
04
.00
Shipbuilding- made lit gain of J iv,u.
tha turnover nf ni- ea? .1. "A. P?'nU
ot this company Is very closely htMS 1
any attempt to secure any of It ukhPZ ;
the price movlnr unmrn "wlj
More activity was seen in t..i . .
and more than 2100 shares wers bougVawl
sold. The price declined U !L ??5
noon. By far tha mn ..-. .."')
United States Steel common, some nU
shares selling-. During the miter nit!
of the mornlnr the price held arouna-
close of last night, but tow.?d Sitt
showed a loss of nearly 1U volMm. T H
mere were any number ot fractional
movements and among these was aVai-tl
U '" Ph8JlPhla KletriihlUdl,
Itanld Tran.lt tr,,.. ...,.... "aPnt
amount. "M le li
RAILROAD EARNINGS
LCIIlbll VALI.ET
1810. Increase.
Sept. oper. rev S4.308.88t.74 1368.824.18
Operating expenses., 8.060.019.83 412.028.74
Net oper. rev 1.242.048.11 a40.70l.E8
Oper. income ..... 1. 084.880.84 00.403.01
Three months ended September 80:
Operating expenses. .18.071,874 88 $1,801,828.43
Net oper. rev. .... 8.980.180.18 283,488.94
Operating Income.... 3.314, 314. U2 244.939.83
ATLANTA. BIRMINGHAM AND ATLANTIC
T.kF ending Juna HO!
Gross 18,031,877
Net 808,890
Surplus 189,708
Decrease.
tA3.8n4
314,171
303,4811
N BAR SILVER
Bar silver was quoted In London at 38',,d
today, a decline of Hd.
In New York commercial bar sliver was
quoted at CTC, a loss of Uc.
t.A
-V
PUBLIC SERVICE
SECURITIES'
The dependence of municipali
ties on Publio Service Corpo
rations is the strength of their
securities.
Tbe reasons for tbe safety and stbtlity
of Public Service Securities are so pat
ent it is hardly necessary to dwell on
them here.
Wtat we want to call your attention
to is that trie average yield for year
was 5.13 ajatfainst 4.40fo for Rail
road Bonds.
We specialize in higli grade Public
Service Securities and have at the pres
ent writing some excellent examples
yielding a high return.
Write for particulars.
Baker; Ayliig iirg
Lahd Title Bldg. Philadelphia.
Texas Power &
Light Co.
7 Cumulative Pfd.StoclcJ
Preferred as to assets and
dividends.
Company dess tha .mi,.
cUl light and Dower bu.i.
considered to
Title
commercial
ness In 70 communities, and alto
does tha gas business in 5 cera-munitles.
Franchises ara all
be satisfactory.
Earnings applicable to payment
of dividends for 12 monthe were
mora than twica the annual dlv.
dend requirements on all tie
preferred stock now outstanding.
Price and partloular on rejuest,
William P.Bonbright&CoJici
MORRI3 V7IBTAR STROUD, Jr.
Maniftr
437 Chestnut St, PMhdelpW
New Yerk Boston Setrett "
Indon . r-arls
Wm. P. Bonbrliht A Ce. Benbrltht a Co.
We recommend and offer subject
to sals as
A Conservative Investment
The First Mdrtgage Bonds of a
wivhiii Antitwcu lit , 4Itari VUia
whose net earnings for this year
exceed three times its interest
charges.
The' company maintains a lib
eral sinking fund, and pays divi
dends on its preferred and com
mon stocks.
Price, at Market, to yield ovar 5
Free of Pennsylvania State aad
normal Federal Income Tares.
Circular on -irpKcallcm
Edward B.Smith & Co
Estabushsd 1883.
BANKERS
lfetnbere NVu York and
PhUadelpMa Stock JfecXoapet
1411 CniBTNtrr St.. Pmussx.rau
80 Fins Etickt Nsw Toie
Real Estate Managed
THIS company's real estate department is equip
ped to take entire charge of real estate of every
description
It sells or leases as directed, collects rents, super
vises repairs, pays taxes and all such charges, and
in every way acts as the owner's representative in
any transaction involving either real estate, mort
gages or ground rents.
Philadelphia Trust Company
415 Chestnut Street :: 1415 Chestnut Street
Philadelphia
EVERY BOND HOLDER
Will Be Interested in the Formation of the f
$1,000,000
Bankers Syndicate
Descriptive Circular on Request
Lindes & Company
Witherspoon Building Philadelphia, P
TUB WBAKD NATIONAt BANK.
Pblladelnnla. October IT. ISIS.
Ireetere "va tb oar declared a AvIoetLd
irTT ISIS, to suekbuUars ot raaatd jtt
i ef Vuslneaa Oetaber If. dteaka irtS W
I08BPK WATKB, Jr.. PraaUea.
HAXIOR BTKaOtT MAT
ruiiaoeu'uHi. uoaovar
s nave. IBM day daolai
ad at few 14) aer
Sovsanaar 1. 181. U i
Tfea dtraoto
annual Wj
r alvteVad will ha
W, P. ft
rONAI, HANS
xjLinfe
mallal. .
MtJgVfffj" r8jyti, ,, . .
Wa own and attar, subject ta prior sala
SSO OM
PENNSYLVANIA RAILROAD CONSOLIDATED MORTIAAE 4
10NDS, in 1J
PrlM M8 and IntarMf-tsi nat ahaut .
$193 9M
CLEVELAND ft MARIETTA RAILWAY FIRST MORTOAM
496 RONN. Mt 1W k
IPrtoa IN and Intarat, ta nat 4.M
WESTERN NEW YORK ft PENNSYLVANIA RAILROAD FIRST
MORTMttE S RONDt, Mt 1M7 '
PrlM I MM ana' intaratt, U nat aaaut a.MA.
$113 900
SOUTHERN RAILWAY EAST TENNESSEE REORMNIZATMIN
MNfN. m m
Prlaa I8IK anl UnurtM, ta nat aWt .
CfieU. C. HARRISON. JR.. A CO.
y RIR' RRRRRyRRw W