NIGHT
EXTRA
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icimtmn
FINANCIAL EDITION
h
STOS,
-
ft
VOL. HI. NO. 41
TROLLEYS CRASH
AT NORRISTOWN;
MANY ARE HURT
sA. D. Fetterolf and H. K.
Boye'r, Former State Of
ficials, Injured
CARMEN AMONG VICTIMS
- j
I Passengers Hurled From Scats
and Cut by Bits of Flying
Glass
NOnniSTOWN1, ra , Oct. i 1. Many per
sons were Injured In a collision of two
trolley cars In front of the Norrlstown
',' Anto Clubhouse; seerat miles above town,
at 910 oclock-thh morning
. The cars were the rottstown enr of the
Heading Transit and Light Company, com
ing toward Norrlatown, and a car of the
Montgomery Transit Company, which
would hae left the Reading transit tracks
a short distance from the scene of the
aecldent.
THE iNJunno
Among the Injured were:
William' Miller, motorman of the Potts
town car, resident of Norrlstown; legs
crushed.
A. D.. Fetterolf, ex-resldent clerk of the
House of Representathes at Harrlsburg
and a, resident of Collcgevlllo ; legs hurt
and face cut by flying glass. Taken to his
Collegevllle home by the Hev. Doctor Sny
der, who happened along In nn auto.
Another who was injured, but not se
riously, was Henry K. Boyer, of Eransburg,
former State Treasurer. He was taken to
. hospital.
Others Injured who are In the hospital
are:
Mrs. Samuel Bean, Falrvlew village; com
pound fracture of Jaw."
Harry Snyder, Collegevllle, real estate
broker; lacerations.
Vloley De Cray, 1422 West Tork street,
Philadelphia : shock, lacerations and bruises.
Mrs. Elisabeth Fisher, 142 West York
street. Philadelphia ; cuts and bruises.
Frances Pococa, engineer. Lower Frol
defies; lacerations; not serious.
'.Frank Chlldrths, Lederach, conductor of
If Montgomery car; bruised and lacerated.
I Harry aottuchali, motorman, of Harltys
vllle. of Montgomery car; laceratf6ns and
bruise. "
Zella Orubb. Pottstown ; lacerations.
Jt Is said that Motorman. Harlman nnd
Conductor Godshall of the Montgomery
line, were seriously hurt, the legs' of one
being crushed. A woman passenger Is said
to have Buffered a crushed face. An auto-
mobile from Royersford conveyed some of
the Injured to Charity Hospital, and the
ambulance the others.
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NIGHT
EXTRA
PHILADELPHIA, TUESDAY, OCTOBER 31, 106
CortsionT, 1018, at tits Pest to I.naita Covnxt.
LIEUT. GENERAL VON STEIN
New' Prussian Minister of War,
succeeding General Wild von Ho
henborn. Ho was formerly quar
termaster general and gained fame
through his signature, which was
always attached to the bulletins of
the early days of the war, an
nouncing success after success
for the German arms.
RUMANIANS TURN
ON PURSUING FOE
IN THE DOBRUDJA
Army of 300,000 Opens Of
fensive Against Teutons
on 30-Mile Line
JEALOUS HUSBAND
KILLS COUPLE AND
WOUNDS HIS WIFE
Hobert D. Pursel, Prominent
Sunbury Society Man,
Held for Murder
FOLLOWS ROW AT PARTY
fc"-
DANVILLE. Pa.. Oct. SI. Ilobert D.
Pursel, clerk of the Danville borough Coun
cil and a member of one of Danville's, most
prominent families. Is In tho Montour Coun
ty Jail charged with murder, and Mr. and
Mrs. John E. Kerns, equally prominent,
are dead, slain shortly before 11 o'clock
last night by Pursel.
Insane Jealousy of his wife, formerly Miss
Flossie Da Hart, of Catawlssa, Is said to
have caused the tragedy. Pursel's wife,
who mhe married qnly a few months after
the death of his first wife, and he, had been
separated for the last few weeks, with the'
rumor J.hat he finally ordered her from the
house as the climax of numerous quarrels
which they had later patched up. During
these weeks Mrs. Pursel .has been residing
with Mr and Mrs Kerns.
The double murder and the narrow escape
of Mrs. Pursel, who was shot In the ankle,
came as. a climax of a Halloween celebra
tion at the home of Mr. and Mr. Clinton
Jones, where Mr. and Mrs. Kerns and Mrs.
Pursel spenj. the evening.
Pursel had been there when they went
to the party. There were words between
husband and wife, the exact nature of
which has not been revealed. Then, as
the party ended, Pursel waited outside and
stepping from behind the tree when Mr.
and Mrs. Kerns, their son Harold and Mrs.
Pursel vyere almost upon him, he fired at
Kerns, one of the proprietors of the Weeraa
Knitting Mill of Danville. His victim fail
to the ground dead.
Another flash from the revolver and Mrs.
Kerns fell In her tracks dead. Jt was then
' tfeat WiHiam Hevles, living nearby, grasped
i the situation, ran to Pursel and Interfwred.
"0 away, Jtola." was Pwwel's only
reply, and he ralwd bis j4trtJ agin In the
direction of Ma ee4ywr'. Hut Hows
grappled wth hi M n ther struggles the
wea,n was discharged, the baU striking
Mrs. Pursel In. (be ankle, but merely grasing
tfce flesh. Another sprang to Ilovles's
assistance and the mwi disarmed Pursel,
who made no attempt to asaspe.
ii I mi w mil ii.i iimiii I I It .
Woman jtawaeelvc QiUi Caul t
DE.VVKK. Oct. 11 Mrs Haiti K How.
ai-d who was Candidate for Canons u
the Progresses txlut in the Fire IMatrkt I
) withdraw Uvm the raise We was UM I
FURIOUS BATTLE RAGING
ZURICH, Oct SI An srmy whose
strength Is estimated at SOO.OOO men has
opened an' offensive against on Macken
sen's German allies In Dobrudja, stys a
dispatch froni Durharest today. Klghtlng
Is In pfogrws over a thirty-mile front from
Serad to a point, near- Tarlverdl,
LONDON, Oct. 31 Another great en
gagement has develoived In Cobrudja be
tween t)ie German Allies, under Field Mar
shal von Mackensen, and tho Itussb-Ruma-nlans.
In the Transyhanta Alps the fighting Is
'hindered at some points by snowstorms, but
In the sector of the Jlul Valley the Ru
manians are still pounding away at von
Falkenhayn's army. Official dispatches
from Bucharest today report that tho Aus-tro-German
forces In that region are being
pressed backward toward Vulcan Pass.
Rumanian forces continue to drive the
Austro-Oermana northward In the Jlul" Val
Iey,,nnd have taken 300 prisoners and four
machine guns, It wns officially announced
from Petrogrnd today.
The Rumanian War Office announced
also the repulse of numerous Austro-Ger-man
attacks and a -violent bombardment In
the Orsota sector.
A Rome 'wireless dispatch says that
heavy Rumanian forces are carrying on
warfare In the Rumanian mountains and
that "the Germans havo lost about one
fourth of their men."
BKRIJIK, Oct. II. Mackensen's pursuing
forces In Dobrudja are engaged with the
Russo-Rumanlans for the first time since
the enemy retreated from the Cernavoda
Constanxa Railway line.
A dispatch received here today said that
the Rumanians hate re-formed their lines
and are offering resistance on a line about
flfty-fle miles north of the railway. Sharp
fighting-began Sunday night, but has not
yet assumed the proportions of a general
engagement. It Is believed here that the
enemy Is attempting a stubborn rearguard
action to cover withdrawal of artillery
across the iMnube.
Since October 10, the Austro-German
army of General on Falkenhayn has cap
tured 111 Ruaso-Rumanlan officers and 9920
men, the War Office announced today.
Heavy fighting Is (n progress in snow
rstorms and thick, foggy weather In the
Transylvania Alps, Attempts by the Rus
sians and Rumanians to recapture lost
mountain heights were repulsed, the report
says,
BIO GUNS ROAIt AT VERDUN
PBICWOCtfJIOJmT
1
AND ALONG SOMME FRONT
PARIS, Oct. Sl.t.The big guns roared
all night on the Verdun .front. The War
Office announced a violent artillery duel
on the fort In the Douamount-Fort Vaux
line, north pf Verdun. There were no Ini
fan try actions, however
IXNDON, Oct, J It Only Intermittent
shelling of opposing trenches by both slds
was" noted In General Half's offlelal re
port today on the nlgfafs activities along
the western front.
i
BBRMK, Oet II, Crown Prince Rup
preefct's army on the Setnme tron effectu
ally stopped several UtM French attacks,
the War OMee reported today, At no point
were the aolloiw favorable to the enemy,
Hnsmy detachments who advanced
sWnet German pottle iWrtbeatt and east
of Lea Bueefs were driven baok by German.
Hr. Ml La Maisonette a Frenoh company's
attack' likewise failed.
Wrong Preacfe atuoka against Abhtln
MMtrt " o btb ,sides of the Ctwwlue.
Uke road were not earrled out. bW
urokeq up In the fea of wKketlng defensive
Tije Verdun front during the last twenty,
four ewn experienced unusual quiet. OtUy
in law - mums tnm was ther a.
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GERMANY'S PLEDGE TO t7. S. ON U-BOATS
WILL BE KEPT, BERN STORE F SAYS
WASHINGTON, Oct. 31.
QOUNT JOHANN VON BERN
, STORPP, GcrTTinn Ambnwndor
to the United States, this afternoon
issued tho following announcement:
Thcro is no intention on tho
pnrt of tho German Government
of changing its submarine
policy. Germany has every In
tent of keeping her pledges to
the United States nnd there
must be some explanation of tho
sinking of the Marina. The boat
must have tried to escape.
If the British ships Marina and
Rowanmoro were sunk by a German
submarine commander or command
era in violation of Germany's pledges
regarding submarine warfare, the
German Government will disavow
the act, offer reparation and punish
the commander or commanders, Ger
man officials in Washington said today.
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AMUASSAUOU VON BERNSTORFP
U-BOAT RAIDS ON BIG SCALE
COMING, ROME HEARS; U. S. IN
CRISIS; NORWAY NEARS WAR
Extensive Air Attacks Also Planned on
Nations Allied Against Teutonic
Forces. Americans Probably
, Lost in Torpedoed Ships
Washington Officials May Reopen Submarine Controversy
If Reports That United States Citizens Went
Down With the Marina Are Verified.
Wilson Asks for Facts
Uneasiness over the submarine isiue with Germany is more acute at
Washington today than at any time since tho nttnek on tho cross-channel
steamship Sussex. '
The sinking of tho British freight steamships Marina and Rowanmoro and
tho probable loss of American lives have renewed the' fear of a resumption of
U-boat warfaro .on a large scale. . '
Reports that the Marina was torpedoed without warning increased the
tension and brought a request from President Wilson "for full tlcTaiIs of tho
attack. '
Secretary Lansing has cabled to Ambassador Page, at London, for tho
facta in the case.
United States Consul Frost, at Quccnstown, cabled tho State Department
of the sinking of the Marina. Ho was unnblo to confirm tho report that tho
vessel had been torpedoed without warning. He cabled ho would continue
his inquiry in an effort to get the real facts.
Unofficial reports received In Rome today told of plnns by Germany to push
air and undersea warfare on an enlarged scale against tho nations with which
she is at war. "
Norway replied to Germany's protest against a Norwegian decree barring
German U-boats from her territorial waters. The reply sets forth that she
is giving Germany the samo treatment other belligerents receive.
Inccaslng attacks on Norwegian shipping make tho issue a sharp ono and
many observers believe Norway will be drawn into tho war.
i
POPE APPEALS TO AUSTRIA
FOR HELP IN AN ENDEAVOR
TO STOP RUTHLESS WAR
ItOMR, Oct. 31. Unofficial adlcfs reach
ing here point to a resumption shortly by
Germany of the most extensile employ
ment of aircraft and submarine warfare
against eery nation allied against the Teu
tonic nations.
These reports come closely on the heels
of reports here that Germany's replies to
tho Tope's protestations against unrestricted
Centlnurd an lsie I'pur, Column Tw
NORWAY DRAWS U-IIOAT ISSUE
WITH (5ERJJANY IN ANSWER TO
PROTEST ON PORT EXCLUSION
COPRNIIAm:.V, Oct Jl. Norway's long
expected reply to Germany's submarine
protest was forwnrded to Ucrlln today, ac
cording to n dispatch from Chrlstlanla.
Events of mighty Importance depend
upon the negotiations between the two
countries, for they may result In the en
trance of another nation Into the war.
It Is understood that Norway's conten-
Continued on rage Four. Column Three
GEORGE HANDY BATES,
NOTED PUBLICIST, DIES
Former Envoy to Germany,
Samoa and England Victim
of Heart Disease
Oeorge Handy Hates, special enoy to
Oermany, England and pamoa n 1888,
former president of the American Dar As
sociation and expert on International and
constitutional law. ata toaay ai nis nome.
3003 Lehigh avenue, of heart disease after
a long Illness. He was seventy-one years
old.
Mr. Hates, one of the organUers of the
American Bar Association, retired from
the practice of law in JSfl He jiras a
former speaker of the pclaware Legisla
ture, former Democratic National Com
mitteeman from Delaware, delegate, to the
Democratic convention lo 1880, 1884 and
888, manager of the Hayard campaign
and special counsel for Delaware In the
Delaware-New Jersey boundary dispute
Upon his retirement he wrote a series of
legal text books.
Mr. Bates was edueated at the University
o'f Pennsylvania and the Harvard Law
Sebeal. He la survived by a son, Daniel
MWe Bates, ef Lewlstown. Me. His
father was Chancellor Daniel Moore Bates,
of Delaware. HI wife ws Miss Josephine
Russell, daughter et termer Governor Hue
sell, of Massachusetts.
Bscaped Prkoner Is Captured
JHJKBURV, Pa., Oet, sl.Wstw Okronk
ley, who aeeae4 frem a Wet a We in fret
pf tip ejMMUy-fett last weelf, was re
captured aad seaisnejts -to eighteen months
la the Eastern ealtteettawjr after be
Am4M guilty to ttsats burglary, as
rssurtlng an ester re tfc
of Thomas MwftreJs 1st tShainogla,
.' 1
HUGHES OPENS SECOND
0 OFFENSIVE IN INDIANA
Makes Four Addresses in Hoosier
State, Starting With
Cdlumbus
COI.UMHUS, Ind, Oct 31. Charles U
Hushes made his second swing Into Indiana
today, He was due for four speeches, wind
ing up at i:ansvllle tonight, and tomorrow
contributes five addreuco. C
While exceedingly confident of the
Hoosier State, llepubllcan campaign man
agers want to concentrate their heaviest
artillery thera because of the desirability
of electing two United States Senators.
The Hughes special ran out of buttons
today When the train (eft 'ew York six
days ago 80,009 were Included In Its para
phernalia. ,I)ut the demand has been so
great that the supply was reduced to a few
hundred today. w
Mrs. Hughes has distributed set era! thou
sand buttons, throwing them Into the
crowds that gathered at the rear end. of
the train. She prefers a special button
Juit Issued by the National Commission
with the single word "Hughes" across the
white button n blue letters
'NICK" YOUNG, FORMER HEAD
OF NATIONAL- LKAdUE, DEAD
President of Senior Organization for
18 Yeara Expires In Washington
WASHINGTON. Oct 31. Nicholas B.
Youiur, aged seety-three, for eighteen years
prevMent of I he National League, (tied to
day at the home of hla n, Kobert M.
Young, Ho r-ad been 111 several yejira.
Younc 'was the brifflaat secretary of the
Nt?oMl Association, of Ha hull piayesv
rreen 171 to IITI, "When the WaMsSial
Uaujue was organised he was mad aeare-
rr u ww uw jus iwesny-sevaa years.
oecosaimr prisMem
QUICK NEWS
-V U. S. STEEL DECLARES EXTRA DIVIDEND ON COMMON
V
NEW YOllK, Oct. 31. The United Stales Sttcl Corporation this
afternoon declared an extra dividend of one per cent on Its common
stock.
VILLISTA BANDITS WRECK TRAIN
JUAREZ, Mex., Oct. 31. A passenger train, bound from Chi.
huahua City to Juarez with refugees, was wrecked today by Vllllstn
bandits, seventy miles south of hetc. It Is reported the bandits at
tacked and fired ou tho tinln. Cnrrnnzlsta officials heie decline to
give details.
TODAY'S RACING RESULTS
First Lnittol race, 2iyenr-olds, selllng,l mile Qlory Belle, 100,
Itobinson, $0.00, $4.30, $3.G0, won; Lord Byton, 110, Kclsay, ?5.00,
6?5.20, eccond; Kentucky Boy, 101, Disunion, $7.80, third. Time,
1.41 S 5.
Second Laurel race, handicap, 2-year-olds, G furlongs Battle
Abbey, 100, Schuttlnger, ?0.00, ?3.20, $2.B0, won; Brooklyn, 118,
Butwell, $3,70, $3.10, second; N. K. Beal, 110, Ambrose', $5.00, third.
Time, 1.13.
First Wlndsoi race, purse $000, 2-year-oldo, 0 fiulcngs Sybil,
101, Howard, $1.00, $3.70, $3.30, wen; Ktgura, 105, Molcsworth,
$0.40, $1.40, second; Mologcue, 100, Claver, $0.00, third. Time, 1.14.
Second Windsor rncc, put so $000, 3-year-olds and up, 5 1-3 fur
longs, selling Belle Teue, 110, Mott, $105.10, $31.00, $10.10, cn;
Itatiua, 110, Howaid, $3.20, $3.00, second; MaaurJtn, 110, McEwcn,
$0.50, third. Time, 1.08 2-5.
Third Laurel lace, 2 year-olds, 1 mile Preston Lynn, 104, Har
rington, $13.30, $0.00, $3.20, won; Bctwec.i Ua, 115, Dlohuon, $3.30,
$2.0, second; St. Charlcottp, 110, Kobluson, $2.00, third. Time, 1.30.
HUGHES MEN OFFER 10 TO 9 ODDS
NEW YOHK, Oct. 31. Odds of 10 to 9 offered by Hughes supporters and 8 to 10
asked by Wilson supporjers were reported In the financial district this afternoon.
Five thousand dollars wus reported wagered e-en that Whitman would carry New
York by 100,000.
MEXICAN ENVOY REPUDIATES SLURS ON WILSON
WASHINGTON, Oct. 31. Mexican Ambassador Dcalgnnte Arredondo shortly
before noon today officially repudiated to Beerotary of Htnte Iinstng the recent
attacks ontlTcsIdent Wilson's Administration mnde In news -articles and attributed
to Luis Cabrera, General Carransa and three other leaders of the Carrnnza Govern
menl'or Mexloo.'A'rredondo conferred with Secretary Ldnslrifr'al thev8tato Depart
ment ior noeril minutes.
BRITISH CASUALTIES 108,255 IN LAST MONTH
LONDON, Oct. 31. British killed, wounded nnd missing In the last month
numbered 108, 2j5, according to tho ofllclal casualty list announced this afternoon.
BRITISH WARSHIPS GUARD ARCHANGEL TRAFFIC
STOCKHOLM, Oct. 31. England Is reported to hao sent a squadron of war
ships Into the Arctic Bea to protect Archangel traffic from submarines.
LOCKJAW TAKES THIRD VICTIM IN WEEK
Tho third death within a week of a boy from lockjaw, following accidental infec
tion of a vaccination sore, occurred yeHterday, when Walter Johnson, six years
old, residing on Stale road, Torrceualo, died at tho Episcopal Hospital-.
BRITISH SHIP FOUNDERS; ALL ON BOARD SAVED
ST. NAZAIItn, Franco, Oct. 31. Tho UrltlHh steamship Bornu foundered twenty
five miles west of Ushant, In n heavy galo. All the passongers and crew were saved.
Tho Uornu was of 3209 tons gross, built at Barrow, in 1899, and owned by the Brit
ish nnd Afiican Steam Navigation Company. .
READING MAYOR PLANS TO SELL MILK AT COST
RCADINO, Ta., Oct. 3l. To prevent a milk price advance from eight to eleven
cents, Mayor Filbert has announced that he will establish a retail milk depot to
sell milk at cost and also arrange for retail delivery routes around tho city. He
has received private assurances that ho will be able to get all the milk needed at
five cents "a quart.
STATE REVENUE FROM AUTOS REACHES $2,301,000
HAIUUBBUna, Oct. 31. The levenuo so far turned over to tho Stato Treasury
this year by the automobile division of the State Highway Department from auto.
mpblle licenses has amounted to $2,301,000. Last year for the entire twelve months
the sum collected was $1,660,000. Bo far 228,255 licenses have been Issued.
U-BOAT SINKS GREEK STEAMSHIP
LONDON, Oct. 31. A German submarine has sunk tho Greek steamship Get-
malne, ICSI tons, Lloyds announced today, The crew were saved.
NEW GOVERNOR APPOINTED FOR INDO-CHINA
PAIUS, Oct. 31, Albert Sarraut today was appointed Governor of Indo-Chlna.
He succeeds M. Koumt, who resigned.
GERMANY ESTABLISHES MUNITIONS MINISTRY
BBItLIN, Oct. 31, Oermuny now has a. Department of Munitions, similar to
the munitions ministries In tho entente countries. Its creation was officially
announced today. It will be headed by General Groener, former chief of the Halt,
road Department of the General Staff,
BIG NORFOLK DRYDOCK CONTRACT AWARDED
WASHINGTON, Oct. 31. An Important step In the Navy Department's plana
for transforming the navy yard at Norfolk Into a first-class nayal base was taken
when the contract for the construction of a largo drydoek at that point was
awarded to the George Leary Construction Company, pf New fork city, The dry.
dock will be large enough to" tuke the largest dreadnoughts.
HARVARD EXPEDITION FOUND TWO ANCIENT CITIW3
PANAMA, Oct. Ilr-Dr. W, I Moss, of Baltimore, returning from' the, Harvard
expedition Into the valley of the Maranoti, in Feru, aMrlbutary of the Amaaen, re
ports the discovery in this hitherto unexpired , and virtual- uninhabited retoi
of two ancler.t elites. .'
COAL $10 AND $12 A.TON IN NEW YORK
NEW YORK, Oct. 31 New York city will be at the meray of tM rtt eoM
wave, coal dealers predicted today. Egg and chestnut eoal hi setting at fit to $12
a ton in the greater city. I'nwperUy is the oaiue of the coal famls, dirtin vrr4.
RYNBAM SAVlfl 13 FROM AMKRIQAN TU0 YKKUJiT
LONDON, Oet. 11, Lloyd's annomteea" Mm teifM f . jfe tpltowtM nlllllM
massage froftt tM DuUk ateamshto Ryada, by way of Valeafta. IrsjauM. M OM
bar, Mt "Msty sjafsss M smwtrte Mftli, ;ilgre 4 asinutejs wmi. Tf llll Mir
tma bmM of tM orw w tM sjaartcaa tu VtgtUat. Tfcre Os
wakW aWMMMMd 0 TWfcf"
$10,000,000 CITY
LOAN IS FIVE
HMESOVERKD
-
Rush for Issue Showi
Strength of Munici
pal Credit
DREXEL & COMPANY
SUBMIT GOOD OFFEB
Prices. Named Reach
103.380 New York'Firm
Will Get Share .
MAYOR TO MAKE AWARD
Leading Bids Submitted
for City's $10,00000 Bonds
-1
Farson Sons & Co., for one
million dollars worth of
fifty-year bonds, 102.403 to 103.28
Same firm for $800,000 of
30-ycar bonds .102.20i to 192.87
Drcxol & Co. syndicate- for
full amount 102.191
SinklnR Fund Commission r
for 11,750,000 of thirty-
year bonds 162.1M
National City Company syn.-
dlcato for all fifty-year
bonds 182.W9
Samo firm for all thirty-
year bonds .....,-V 101.W9
Kuhn, Loeb & Co. syndicate
for all thirty-year bonds.. 101.377
Samo firm for all fifty-year
bonds t- r.. 101.1)7
Bids for the city's $10,000,01)0 loan werev
opened today and Mayor Smith, who cut the
en elopes himself, learned (that the loaa
tvas oersubserlbed between four and 'ftr
time's.
The prices offered were gratify Ingly his,
going In one 'case to 101.319.
Tho Mayor will make the awards lets
today. ,
For the whole amount a comblnatlen
headed by Drexel A Co. offered the largest
amount, 102.157. and approximate cateubv-,i
tlona award thern about $(,600,000.
It is almost gertaln that Farson Sons A
Co , of New York, will get what It asks for
because Its qper.ls so high. The Ne'Yd
firm will, give for 1,00000 or th,atyi
four-year'-bonds, which are Xor 'iS'lio'eTew'
out of the $87,100,001) transit loarprjWee
ranging from lOJ.tOS to 103.S89 and far.
$800,000 df the thirty-year bonds from-the'
$42,480,797 ge,nera,l Joan prices ranging
from 102.201 to 102.S7-
The bonds pay tour per cent
ISO .BIDS SUBMITTED
There 'were 120 bids, and the loan couU
have been sold almost five times overr
Mayor Smith was pleased. He said;
"The bids indicate the confidence, of the
bidders In the legality of the Issue and the
extraordinary stability of the security. The
city's credit is better than ever and prog
ress on our Improvements will be rapid from
now on."
Many Philadelphia bankers participate
In the bidding; also' banking firms from
New York, Newark and Pittsburgh. .
There was Only one bid below pan .ThM
came from New York, was Jot a smalt
amount only, and was thrown out imme
diately. A gratifying bid came frorojbe PhHasVyJ.
phta Orchestra Association, which oJfsre4
101 for $80,000 of the bonds frem' tM
$7,800,000 loan.
Philadelphia hankers were largely 'la
the 102 class and made three bids fer tie
full amount. Some of the big comblnatleag
were as follows:
Kuhn, Loeb ft Co., bidding" wlth.Wltllasa
A. Head & Co, offered 101.127 fori at) tM
$7,600,000 loan and 101.277 for all tM
$2,500,000 loan.
The National City Company and 'Mont
gomery, Clothier & Tyler offered le'.acf
for alt the thirty-year bonds and lOt.Mw
for all the fifty-year 'bends.
Drexel A Co., Brown Brothers and Har
ris, Forbes A Co, bidding as one aysrfJ
cate, offered 102.101 fer all the $1 .,
000. This looked like the best bM uattl
the Farson bid waa opened, and probable
will get the majority of the lean.
OTIIKR OFFMHfl
The City Slaking Fund CommlaeJosi
offered 102.IJ for $),7W,W of. the thirty
year bonds.
J.K. HlppK'Newark, wanted $e0m at
each series at pf (aes raaging from tt tM
to 101.BII, -
The Cora Hxebang Katloaal BaalL
Phlladetphl, offered 1M,4W for variMM
awns of the thirty-year beads and 100 I7
for various sums of the flfty-yeajr hnnjg
TowHMnd r'rVbelen Co. asked flUJastV
of eaeh seelM, asTerlng fresa IMJi to I Mia.
Ose of the few liar M4 mm from tit
Wet Idnd rf rust CompejlX. r
The priees are cnnsWarail exoelteat. s.
sfwwr up wen oy oewiUHts . VJ
The last ottr loan wti ssr t&.esa aas stJom
ukw7w wi uu w irajasn
It was made on Juno; 39,'rti uO. J'.
Bg j unm vw, at ;i. tm
la that lean ranged from par to v
IHViMW letM'Nwuae OesMstaav 11. 1
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