'yi' .,. .i,.. i mi LRDGER-PI&LAIELPHIA. SATURDAY, ffOVEMftEB 4. 1916 sji.iss m.isni INANCIAL NEWS it v '.WALL STREET WAITS FOR MOTION BEFORE TAKING DEFINITE POSITION General Disposition Ife lb Curtail Spniltiv Comrait menU CoftfUfit VariRtitm in Murktt Movmnt :r Within a Narrow Rang Qtnerml Mlgh Mrff in Trf' FhHmckU News tmrtmil tp$pMll4e fmmUmtni in WH $trel and WWtowt & rti CUmm. te-ftA Aasiw t-tlHna. Cetten tiurim tmtft, pH iai iitmW. Aw Ver frtHifc tn'ent kwp twcrcww ht I mi. demand rfyi me? rtV. IfanJfc ekarinft ef ctuntty mcrmtd mgmi. Jri f karjtmer Ats-W. w4 era'coW hat b&Mttd M M NEW TORK, Nov. 4. Ih tW t Hams' trtt tody there wh a, general disposition o curtail aaaieulaltiwi wmAikwuiitu h Mm leadline stoeks and to nwalt the result of election traforo takl.; a, ueeneunsed peaHfen again on either aide of the market. Thta ctapoHtt Vf'f'eleeted tn a grmera evening' up of contracts by the speculative alamint, eawtmc oeft Variation In market movementa within a comparatively MMTOW IfWffe. United (Hate Steel eommen during the greater part of the "half day ranged ttvm 1114 to IV .and the fluctuations were confined to within even narrower MMHa h. aueh stocks aa Heading. Union Paclflc and Anaconda, pome of the aejjufotlli.u naturally awung ever more ground,' Utah Copper falling 2 polnia In tbej Arat W minute and then raMlylng 1 point 'Moat of this evenlng-up waa Mnpieted' before the end of the first hour and then whatever market Interest Wac diefdayed was concentrated In "a few npeetaltlea, r Columbia. Gu was traded In. on an unusually large acale, moving up to bore 41, and there waa a bullish demonstration in National Enameling, Which oe more than 1 point and erossed 32, The Marine issues. Including Marine preferred and Atlantic, Gulf and West Indies-, were offered at concessions because of the reports n the morning papers of expected submarine activities In connec tion with the return trip of the Deutschland. Taken altogether the market tone held fairly well, considering the fact that moat ot the bustae was qf a purely professional character, with the tipecu latlve element on the floor almost wholly Committed to the bear side. "Bond Trading waa quieter and there were few Important price changes In nny (the leading, issues. St. Paul convertible 4s gained Vi ta 100 nnd Iiocknwnnna Steel Sfl were traded in on a fairly targe scale at 974 and 97!.. Chesapeake nnd Ohio convertible S were strong, with sales at 87ft and 97 Vi. Anglo-French 6s feetd firm, with trading- at Sift and f 5. Demand for Alcohol Advances Prices 25 Per Cent NEW TORK, Noy. 4. The demand for alcohol has so far outstripped every 4Tof fio supply the market for that commodltythat prices have advanced at least ,X per cent within the last few weeks. The du Portf. Company's $7,6(J0,000 order, the placing of whleh was announced last week, calls for delivery at tho rate of about 2,aC6,G06 gallons a month for the first half of 1917U well over 65 cents per gallon. v COTTON BUSINESS CONTINUES LARGE Buying of 10,000 Bales of Janu ary la Feature Demand ' Increases COTTON MOT W1UTKKH CONDITIONS NKW . ORK. t NT. 4 Clear. '?' HanU4 tnroaxhimt the catten belt tut IfifeaS? rfsifK.'H tost arm, Maran asd Antnto. 8rKeljfh. 4(1 L.TMle. BO i M.nts.merr. 8 Blrmlnc. Mobile. Han Antonio awl Atlanta, si Pmlth, BTTMrt, .Qk"''0'!. W1 anaa. Ml Vlrk.boxx, JrW Ktk. Vt mi Ablleue. Hi UkMaaaia- r "TTr, -- -j. - - .- a. Mi UkUBBBll X'liar and JarkMtfTUIa. eOi Sw .Orleanan. i Jampa, 04; Corpaa Clwuii, wl uimran. NKW TORK, Nov. . Business was fair. ly large at the opening of the eotton market this morning, although not as great as on Other recent days. The tone was barely steady, with prices unchanged tq 12 points A feature of the trading was the buying - ef about 10,000 bales of January, believed to be for up-town account There was soma western purehaalnr and a prominent room operator also took moderate- arnounta. X Commission houses had order on both aMea, with the. selling larger than the buy ing. Spot houaee 'supplied the list. t Liverpool purchased September, but sold 3aly, After the call the demand Increased slightly and prices rallied 1 to S points before the end of- the first ten minutes of trading. Temperatures were considerably lower In the belt this morning, and the frost reports were received from section of Qeorgla and North Carolina. Clear conditions prevailed. ' Further covering and demand from sev eral ot thaT spot Arms advanced prices to avkeut the closing level of Friday before the end ot the first hour. Then a renewal of liquidation dereloped and prices sold back a deaen Pftata. Trading appeared to ha very." targerf professional and of an VTV)fnsi wtiwo. " . etoaa 1S.SI Iff..... IN. an n. Hlfh. tnir. rto. 18.87 1U.00 18.SO 1S.V irr..... J?.W is-M )B-? 'B-7 11..,..,. JSft iM 1B.13 1S.&9 1.(W .ii ii.li i. i"o if.3t .j, i. 13 ( J$4WW eie a 1990 Cti SUUitlca i'eI'Jir;:rT,,M,,',t,e, pM" alUBSlAN LOAX NEARLY READY -i j r.i i. i Bneda fey mm,WiU ,B Offacad 0 Wllhisi Two Waalui ' t" t KsTW TOMC Mev. 4NegitWlM far tto mw Kmaiaa Oevspunent Imperial lean virtually eoaaptefd, and K t expected Mt a pvblas ossartag the beads will be sail within the aat two weeks. As oriel SaUly eoateen plated, the teaa wUI be for Wo,e0.ee. n wttl be uassseirU, run for nva yiara. aa near, laoriw at we 'rase ef SH er eat. The prise; at "whleh the bends will hs sM to the pMie has net been deter- wwss. tm. it wm as jew' enough to yield a, aomtiarahlr higher r4 than (M per Unlike the 1 14 per eaat rectprea credit asUnded to the Hauls Oavernroeot In JH. there wtU a asv asehavage feature attached to the asanas stave, parsalUing aoMsra of the haaata te-share In the troSU from aajy admssM la the pries of rbw Gructaatsji aVsr Uanasa, NKW TURK. Nov. i. Viae graMlaUd wear waa unchanged teskty, beteg ajhetad at 1 0c a? the Federal aod T Me by all other rvaners The last sale la apat raw waa anohangad at 41a. DtvleVssW tm TeaWcaw Cmy r tomc naw. -THa Fatta aslaaav New York Bond Sales I1R0S00 Anlo.Fr 8 ...!& oooo Am Korln B-c S:t. 60(10 Anwr Hmtlt bj Ci.'.ll! , .S2S Am,r ', :..,... V2 BJOoo AmerWrlt Pap 8.,.. 0 -?w'9 Armour Co Sii ..,,. lit 81000 Atchlion .n U, J4 JMiw) do adj 4.....: nilVi SOOO Atchlaon Arli 4V4a... as luooo Allan Co Line Ul 4., VSH inoo uait a Ohio Hi.;..: n$ SSIIOn do 4a..,. ,.. V2'i joooo do ev 4Us. ,;;;.,.; n BOOO Halt A O Hwn 81,.. H2U JOoo naUwtn Ueo Ba......ins!i 1000 Ktth.HtMl rfd 8. .,.108 800O Halt Ohio Pitt 8tt. 2 100(H) Brook Itap Tr 8a lsls.loutt 4000 Can Oovt E 128...,. ueU 1000 C C C sen U. ........ KOK SOOO Cnt Laathrr lr 8..1D8 1000 Cent l'ac lit 4,.,M, DOU 8000 Chill CoptMr 71......127 JOOO Chn Ohio ey 4H., MS 20110 do 4Ua. .,,,,..,.,, 2 7J0O0 do ronr 8,"....'..!. 7(4 ,8000 Cht Ot Wm) 4a,,., 78 toooo dhi n a q joint 4i... H lortoo Chi M at P sen 4a. . 02 8000 c 41.., lOOK .8000 Chi n I .P rfd 4.":. 77 80000 do Bl .....,. 8 1000 Col Midland 4s...... IS 4000 Col A Houth lit 4at, I18S Ihoon citr ot pari .... oH 18000 Comp.Tab Rn Co a,. 8JJ4 17000 D.n Itlo Or 4a,... M 1000 do rfd 8...,,.,,,, op 4 2000 Detroit Bdla 8a 1046.. lftltt 20110 Erl rn 4 ...,, 74 4000 iloconvHierD,, , 8714 200U Hud A Man In 8 .,., 28J4 4000 Iowa Cnt rf 4a ,., osU 81 (KM) III Crntral rfd 4a ... IK 2000 I C O H A N O Sa.,.102H 4000 Inttrh Met 4tt...,.. 78H Bjoou lnl.rb H T rf 8.... 0H 17000 Inter iter Mar e.... S7H 10000 Inter Ar 8 80(4 4000 K U Ft H A M 4 78 looo Lack Steel Cm 1B2S.. S9H 81000 do 1VS0 , 7 1000 Ijiclede aaa rfd Ba ..102 10OU IJl Hh deb 4 1031... Ill 8000 Lorlllard S . ,. ,,..,.I0i 7i)0 uta A Nah 4a ..J. 9 2000 Mich Slat Tel 8. ...1004 Itimi Minn A Ht 1. 4 ..., A4t iwfuu h ai r a a m ,., vi ff'HFI MO K.1 iwoo aio v Bimns qq m uu ,!& .. atKHi do n loja w 1 .... osj, 10O0 do 8 loss w 1 .... 64J v.n, ioni tower tt ...,,, vv wai xut n .........101 Low. Cloae. 103H 82 . an,A T 4H .. 4J4 42jt 42iJ I'acine ct 4a ..,., 87H 87H nft, iyi,......... 11 etS ol li 1H20 .. 100 100 100 2000 tlHXI 380O0 20000 10OO0 SOOO 2OO0 18B aooo s . UlJ d eK'l ' YC A Hud 8 114 9 ifi .t, ........ M qo 4Hi OS1 con a ,........ nn1 C.rct 44a l88ft08 . 105 , 108 Q.a 11 A I' 8..ft)4!i 10m 104"i do con 4a . oo do V T T.I nn lUi or Pao prior 4.., l07t vhh 04 t)ti n VHH v2 S 101 loilt M 114 , 114 do ran 8 1OCO0 Or Short L ret 4a, so 8. 11JV 1000 do lat 8a l.lloa SBOO Pae Oaa 6..,,.:.;,. 24 8OO0 Penna 4a iuk.,..ll. OuS aeeo Ko A Baat let 4a.,, 78 op- a ,11..... 8 Phlla Co cr i22...,. S4 cm 08K 87' B8K 108 III 78 8 B4 eoe Hep I A 8 8a,.,..,.ltio4 100H lose Rio at- A W let Is... 7B? tS 1WK,8, ,lns.B.:.i.l6l 10J 8180 Btl. 4 8 F.J. wl.. 8ej4 88 T D n 08 7; 70' V4, Yd Ct ftt4 ata 4a. Ait, Ha A u I T da Bur li w atAAA -a i- u a wo uu in w ;,. assee Bt L Swn-let is asj" oo. can lone Men loeOiSeai ,...., P0J4 oo t-ea TJ' A SA S,l,.10' BoardVA LadJ 8a. , sol o Bta. 4 ,.,,..,;. 82 t S?'4 108 ?f8 78 3ft U4 ?.8 101 101 81 KM soS nsv 7 70C 108 U I do rM 4a i sejth nwr i ao cop i Te I TO TOI 4a. W,-l-etlOi.I rd Ave. ret, 4a ... 8IK it li A W'4a,.,: fl K toU 108V4 It ra. np :1" I! AiK aiar 0l,lM li A W'4a no" 00 60 nruef.Oaa 8 .,, W)U OfiTi o itnai Haa epCiSl a at II a. til a a a Fas rU 4..','. SIU Pti sill' Vi s lh.".--. Il aft' S I Va Car Ohm 8 ...lde II 1st TMarwii;:: ' BVU 7 ?.tt wHh Toted mh. M,lte,Me. eeewsrcel n.St4A4 "a Hatemkuri ted .wpak. sae.Bef,- eaAA iaea aU , eTLatVJ tAALal AAA) I 4eSBs aWS-vea, as 8esOt"BBrJ $SWeeJ Wept ; . Akd LOCAL MINING STOCKS TOIMFAK STOCKS i,tIf.Vtveet 4 -,,.,,t,,,.f ,., 18 i ...i, ...,,.,., 8 i.i ( la-le ,,.,.,,;.. a .ia .,... ..),...,,,.,,. .24 t ,.,, ..,, ,,, ,.. ,, .re ja -jf 'eei f AWMsj IHi i " &shfci(m KiM KhL.'m ' fWslRlre'c ssaaaaaall aftaaj I .H-ViH ?rt .-W ofPeFalaaSr Kaaut i. to -eaaf.iaja.t-ti.a..ai7a DMrt'lfiftl ( jl fv(TJ's;''ajaftSJa fiiaiiaitilf 4)trhaeaa UtM'i.lf,.,,,,,,, ;atlifIfi"-J,r"-' ' lZ-'l'mi '-iitjli if e.ath - r. ra. H sfT-ryiiaWtW' ee . ? ........... .a - JtJ VflSK at7TPespl jJpaa P(W)t eaaP T"5!P " '-- ! Mr mm . al;, aVAJt ULVm jytt. in Dm r mm- ,.. - vtrfiieJ jx .'. tmi Mmmirtl:.'. Tief-.;- -" mmmmmmYJT'M W M Nw Ywk SHck Smlm it M 8H let II H 8H -..J. H H M ..... sH W ies .i. Aeaaea TVt, ijlC' afftT.!: Aenx. Iieiiuue . ,.,. 7Ia 7S 77 Aiaa OeM Mines lsVfc Aias jHiTeeMl .... Sra Ana. leAnleera,. ,, 184 aw pf4 , , , . , , as AVn Ag'Cftem HH oo pref.,....IM am n Hmtevr, ... AA Can M 8 1H 88 V 88 tt "i-4 U7H Am b'ArFdf..,,, Am tfottbh'OM.. Am H A' Leather. do pref, , , 4, , Am lee ..,..,.. Am Linseed . ,.,. do 'pref, ,..... Am Locomotive,. Am Smelting, do prct,,.., Am Sugar.. . ....ltOH Am Steel Fdy. ,.. 88 Am Tel A Tel..., 181V Am Woolen ...... St do pref ....... 1814 Am Writ Wper pf 47H Amer Zlno ..,.. (4 do pref . , 8JH Anaconda Copper. 7" Atchison ......,.108 do pref 1004 At Coast Line .,,1X1-.; At Oulf A W I... 10SS do pref ....... It Baldwin Loa .... 87 U ,ltH 1MH lei J eT - ) e 88 IS 8 ! (7 90 IIIH 1I7H Z H 15 J OS a e e Mi 4 87V4 W H 1UK -l 117W ItOM, HOMj Mi 8v 4 ' III Y 1 tt 88Vi .... 4714 i 8H M. 8JV4 H 4 Tt 10 U 1804 1004 ..... Itl 11 9i 10114 108V4 1 70 70 4 88-4 87H lit 1K 88-4 484 88 It 8H 188H 78i- 784 188H 1884 do pref .7 1084 108K 104 Halt A ttilo...... 884 88 88-4 do pref 78 narrett Mrg ,...188 Dklyn Itap Transit 844 Drown Shoe 7t Hums llros ...... 84 Hutle & Superior. 8Vt California Pet pref 8114 Canadian rcino,173'H Central Leather .. 8H Chandler Motor ..108H Ches ft Ohio Chic Great W ... do pre! A . . . . Chlo M & St P.., Chic A North W. Cont Can Columbia Gas ... Chlo It I A I'oc.i Chill Copper .... Chlno Copper , , . Col Fuel & Iron . , Col & South COrf Oat Halt ... Cpnsol Gas Corn Products ... do pref Crucible Steel 88 is 48 88 ' H 108 48H 14 V4 J J "4 84 88 Ml J8 IIS 188 18 V4 toy BZ-4. Cuban Cane Sugar 71 do pref OOH Den & Itlo a.,,.. 48 Distillers Secur .. 4 Dome Mines ..., 1414 DriggSfSeabury .. B74 Hlectrlo Storage D 7t Crle ..., tn do 1st pref ,,,, 884 den Chem pref ..1104 Qas W & W 43 General Electric. 18tH General Motor ...810 do pref Its Goodrich Co 71"4 Granby Consol ... 084 Great North pref. 110 Gt North Ore ctfs 4S4 Qrcene-Can Cop.. 8tH Oulf State Steel.. 88-4 111 Central 108 Inspiration Con .. 88 int Agr Corp pref . St 84 7SH 8IV4 84 61 17t 08 10S 88H IS 48-4 OS 84 7t vz 4 14 1 eon 81 Mt 08 103 1 8 18T4 14 46y OS ..., 12814 lttVfc h 1014 10J4 r- 4t 4S S tt S4 A 2tt 01 83 BStt BS 3S 18 184 lt4 1SSH 1SSH 104 10-4 08 H OtS 70T4 T4 09 47 tt 4Stt 1 24 tt 07 94 71 38 Bl"4 04 01 70J4 00 47 48 t4 07 71 18 83 1184 110 43 18t 810 its 71 08 no 4t St OStt 108 07 St 48 18t 810 its ll os 110 48 t tt 03 tt 108 " 88 Int HaryCorN J.117 118 117 tt Interboro Con,,.. 10 do pref 78 Internat Paper .. et do pref 104 Int Nickel 80 Int Mer Mar t o., 41 ao prer ..... Kan City South do toref 81 Kelly Spring Tire. 78 Kcnne Gap 84 Lackawanna Steel 80 Laclede Gas 110 Lake Erie & W.,. 84 Leo Rubber ...... 41 Lehigh Valley,,.. Jlackay Co ...... Mas Motors , , . . . do lat pfd May Dept Store.. Mex Petroleum . . . Miami Copper . . . Uln & St L new,. Ho Pao ., do w I do t o ........ Mo Kan A Tex... Montana Power .. Natl Enameling... at uo pfd ,. 07 Natl Lead 68 Nevada Con .... ts N Y Air Brake. ,.188 N T Central... N V K II as II. N Y O A W.. Norf & West,,. North American North Pacinc .. OWen Bottle ... Paclflc Mall ... Peoria &. East, , Penna It It ... People's Oai ,,.,111 Phi la Co ,...,.. 40 P(tt Coal to ... 4t Pressed Steel Car, 74 Pub Serv Crp MJ.lll Jtwy Sleel Spring. 84 Hay Cons ....... t0 18 70 80 108 80 40 118 117 t7 t7 01 77 84 88 10 76 60 1 103 --1 S0 40 117 61 77 84 80 100 110 84 24 x' 83 86 84 83 70 111 80 84 ;o t7 10 8 00 41 83 80 81 83 00 110 80 83 10 87 1B8 ...100 109 Heading do 2d pfd .. Hep Ir & Stl.. do pfd , . , . . Stmt Copper . Saxon Motor . Seaboard Air Line 17 do'pref , 40 Sears Roebuck ...280 ' S'oBS'Sheffleld ,.,73 do pref tot Southern Pacific. 101 Southern Ry .... ts flo pref ..,..,. 8 fit L A B Fran w I JB St L & Southwest, to do pref ,..,... st Studebaker . .... Htuti Motor . .,. Tennesaee Copper taxaa company ..tts Texaa Paelfle R R 18 Tebaoeo Prod ,,. 84 do pref .,.,..,101 Under Type, pref, lto Un Bag A Paper.. 11 da new ,..,...10 United Fruit ...,161 union raeino ... U 8 C I P A F 10 8 00 30 07 68 t4 1S8 .108 108 108 . 61 60 60 . 81 11 .144 143 . 10 70 .llt IU . 04 04 26 14 88 111. 40 40 73 133 83 8 41 83 86 83 85 60 "I 30 1 33 10 27 10 6 00 1 81 1 07 1 25 a e tt to 17 88 Sltt 144 70 111 04 26 " t 88 I" 1 40 -- 4t 14 ISt 64 to 100 47 46 46 78 77 77 114 114 114 31 SI 31 17 77 77 17 17 30 40 1 ISO ttO 10 71tt 1 101 . 101 1 100 101 18 18 66 18 1 .1 t , lt4 1 11 Xt4 114 "Va 174 4 64 84 106 103 110 ltO 4-8 ltA4 13 JOtll 10t 4. 16t IM 4- 160 180 180 nr ! MHi, 18 OS ts to 61 118 Its, 01 Ml tt t S-TBEL ORDEfcS PAR ABOVE THE SUPPLY Some Furthw Upturns in Prken Are Exptd Premium Are Offered U 8 Unal A10K)4.14 141 111 un nwy -rv .... 19 jb is do JWf -,..... l jt 81 U a Rubber...... i m i da let pref .,..110 110 110 U 8 efcneitera .... 14 74 74 .,,., U ttMaal .,,....180 110 118 do peaf .......ltt it ltt 4- Utah Oehfer M,,llt 1U nt 1 Va Car Cham ... 40 46 46 ,,,., ya.Ce- ir A Coke 88 m M Wabeah ,......,. 16 16 11 a PM A ...e 87 66 8 West Unlen .....11 10J1 161 ."gest HM ..,.. 66 64 1V MafyVaad ,. 1 M u ey-eat ' ...... - a . Wilrtt-Orerland .. 4t4' 4 6tX .",.., -JJ:"m-w wn, m' .We4S6a .. Ul"-m - 14t J Weaffs;H A Nt 044 M4 -H flsBBBssal bbbbbV. fssaaaUsssseC bbsbsbsbbbss. eM4SSksB4jasas tjajsTsssW tJtwH Bt ssfsssssissssaJWasslaasff nwk roi oftmi MAJUFJV Mm WW, slaw. 4.-VTM a4VtlHt ast hOtaATeai'osMSMsl tt t 14 lafaptg Saaleal Sal eaea catll lletaiaat 1' e?g8apsSP saap sjasaas sSSBSf ajaB3P ap. TS6AT1 "HUr-i I i44t Condition In the steel market siow no chang Manufacturers continue to decline to take business and consumera are still clamoring to place their orders. Advaiicet In prices show no signs of letting up. In fact, some further upturn are likely, a the demand for virtually all, products Is larger than the possible supply, and under these circumstances the buyers are bidding against each other In their efforts to getj steel. Some handsome premiums have been of fered and paid to smaller producing con cerns which have favored deliveries on vari ous products, and every steel plant la this cotmtry Is being operated to capacity. Weather cond.tlons 'during October were more favorable for uninterrupted wcu-k than In any of the three previous months, and, according to present Indications, November and December also will be rushed, so far aa output la concerned Among the advances In finished Iron nnd steel during the last week were' the fol lowing: Iron bars at Pittsburgh, $2 a ton to 2.85 centa a pound ; Iron bars at Chi cago, 12 a ton to 2.40 cents a pound; skelp, grooved steel at Pittsburgh, and skelp, sheared steel at tho same center, 12 a ton each, to 2.70 cents and 2.80 cents n pound, respectlt ely, and No. 28 gahanlzed sheets, at Pittsburgh, $1 a ton to 1.00 cents a pound. , As stated heretofore there Is a heavy de mand for all classes of materials. Domes tic users aro purchasing all tho material they can get and contracting far In ad vance, and this demand Is augmented by the abnormally large buying from abroad. France, England, Russia and Italy In the order named are the leaders In the export buying, and the tonnage Involved In the orders already placed and those pending are stated In the trade to be enormous. .NEW YORK DANK STATEMENT Loans, Demand Deposits and Surplus Show Increases NEW YORK, Nov. 4. The statement of condition of tho members of the New York Clearing House Association for the week wan very good Loans, demand deposits and surplus Increased In both statements Details follow: AVERAOB InV8K7,iKn 3i.ro2.ooo 1401,480,000 tnan - 1.1,848.1)1 3.000 Wt demand denolt. 8.810.787.000 rtei time nepoait ,,, rirrulatlon . ...... Reserve, vxm vaults iieeerv. Federal re serve bank .,,.., Ileeerve, other de boeltorle ... .... Acftrefrat reeervo ., Ileeerv reoulred , , Inrrean I42.0M 0(10 Ol.r.no noo 2113 noo 100,000 16.22.000 173.322,000 1,633,000 M.8I7.OO0 osN.ns 000 875.700 040 112.8(17,040 Surplus tOt which I303.103.00U Is asecle. ACTUAL Loan 13.817,017.000 Net drmanrl l-POilt. 8.317.721 000 wet time deposit ... Circulation neeerve. own vaulta Heaerve. Federal r. serve bank ...... Ileaerve, other de positories Acsreirate reeene Reserve required ... Hurnlua rlMMi,. tut which 1404.432.000 I specie. 1(1(1.81(1 0(H) 11.S77.0O0 1474,078,000 17rt.087.OOO 1,642,000 111,000 17,720,000 ll.(ir.R.R;o 0,030,130 1:0.41(1 000 48,078,000 21,000 .1,000 20,771.000 83.210.000 70S II72.000 n7P,fiA4.tAO 124,107.040 212.000 22.201.00(1 H,K7.70 13.3J3.210 LOCAL CLEARINGS LEAD Total for This Week Is 47.8 Per Cent Above Last Year Dank clearing throughout the country continue to expand, the total for thin week being 16,110.477.679, an Increase of 33.3 per cent as compared with the corresponding week of last year, when they totaled St. 582.6(5,923. Philadelphia's gain was 47.S per cent, the largest In the country. Details follow: New York.. .13.182 871.781 12.2D0 401.700 4.88 S 248.117.470 ztn.uii.iw? 88,874.140 8R2 K48.S8J 103.1131.811) 80,438.708 iiomon ..... Philadelphia. Halllmore... rnlcaao .... eft. lunula.. . New Orleans S,B"dar '."m.102,430.227 13.070.043 .StlSB, utner cities, 6 dara.,.. 1R2 7074R8 -.81 7 18(1 SlOO-l -.47.8 11 HZZ HM 14.U 208.802.082 4-81,6 Sl.278.nil .-24.4 21,781.824 4-89 7 ,,...,-.vv,.. VV.v,..HM.--r.., 1)27.013 100 fl80.l43.4ispe.l8 4 T..1 -11 ..If. 2 le. ft dars 19,120,073 336 13,757,080,70 4-30.3 AdayU.'t.'... 000.401,243 823.570.161. 4-20.6 Total all ru les tor Wk.t0.110. 477.871) 14.582.663.923 4-33.8 i Local Reserve Bank Statement The condition ot th Federal Reserve nsnk of Philadelphia at the close ot business November 3. compares aa follows: RESOURCES Gold settlement fund ba. ance Gold join and certifi cate In vault ........ Gold redemption fund.... Leral tender, ngte. liver, etc Total reaerve Commercial paper , Bank acceptancea Total bllla discounted and bouaht ......... nones ana notes,,,. U. H Municipal warrant Nov. 3 Oct. 27 10,161.000 11.801,000 17.317,272 1DM41.812 50,000 60,000 307.986 448 817 26.018.280 21,828.880 088,024 774,03' 11,308.087 11.000,837 11.094 812 12.773 809 8,330.000 8.310.000 2.100,803 8,270,072 Total Investments . ... Due from other Federal Ileaerve bank (net).... Federal Reserve notes on hand .... Note of national bank and other Federal Ile aerve banka .,,, All other resource . .... Total 5.810.803 608,810 27.725 ' 4S1.781) 0,029,072 1.524.810 820.310 43.41S 889,031 resources ...... 43.838.032 43.700,235 LIABILITIES Capital paid In ......... 15,223.830 15,223.830 Pront and loss ......,.., ,, 42.482' 42.482 Reserve deposits (net),.,, 84,8411,189 34,824,003 flnvernment deooslte Duo to other Federal Ile serve bank (net) ...... Al other liabilities ...... 4,015.440 3.918,6JJ 1,407,483 238 " sol Total liabilities .,,.40,638,052 43.700,236 FOREIGN EXCHANGE NEW YOnK, Nov, 4. The market for foreign exchange in the early dealings to day was dull and featureless. There were no changes of Importance In rates. Quotations follow: Demand sterling 4.76 11-16, cables 4.76 7-10; Blxty-day bills, 4.71H9l.71i! ninety-day bills, 4 6U I.69H1 frano cable E.83H, check 6.84! relchsmark cablesjtp -ie, checftTs 70 i ; lire cables 6.70M, check 6 71; Swiss cables 6.ZIV1. checks 6.23; Vienna oablea 11,39, checks 11.81; kroner Scandinavian cables 28.65, checks 23.45; pesetas cables 20,28, checks 20,21; guilder cables 41 1-16, checks 41; ruble cables 30.68, checks 29.80. New Tork Fhllaaelsela RATES FOR MONEY Call . SI, -v-" .....,,, , aw-HOii .,.,,,,,, ,.,,,,, twin--' Th 2.x . SU d-i lli 1 eli'3tP'p.rtheen,.,', Sales in Philadelphia t.4 16-8 Alliance In'Vl' 'UT' Se' -i 40 Atchison .1MK loo-M 16 tt 46 Bald Loco. 87 8-8 H SO F) A 8 t . , St 18-8 do pref, M M IO Bait A O. S7-K 67 48 llrlll J a.. 18 60 Corn Prod. 19H 1K 80 Cam Uteel, 140 140 20 Crucible S 1W OIW S170 Hleo Stor 78M 78 SO O Asphalt. S1H '14 IHlltUT, 17 IS lit do, prof 23 t4H 100 Ins 'Co N A 7 27 11585 Lkf Sup C tlli 25 1801 Leh Nav 64 86 114 Leh Valley 64 86 80 L V Tr pf 43 43 too Nev Cons 25 k 34 600 Norf A W 144 144 804 Penna It It 68 66 to Pa Salt M too 00 100 90S Phlla Clec 20 28 79 80 Ph Itap Tr 11 tt tl 4- 14007 do tr cfs tt -Xl tt 4- 10 Phlla Trac 70 70 70 10 P Sleel C. 74 74 74' 60 Itay Cons, to 10 to XO Heading 109 100 100 10 So Pacific 101 101H-101 4- 083 Ton Ilel ..4 4 4 too Ton Mln, , S 6 070 Union Trac 46 4 46 4- 103 Un O Imn x 91 0t 4- 800 U S Steel 110 110 110 zo war ir & s 10 10 10 4- tt 110 V Jer A 8 60 60 60 lie Wcstmor C 70 70 70 4-4 Tela! ile, 17,870 share, compared with, 12.380 tharra lnt lntnrilri this week, 310,017 aharrat last week, 113,315 share. 67 1 V 4 4 iW e 87 8 - 1 10 W 140 .. .. 01 --1 71 1 81 l tV4 4-t , t7 - 18 8 86 8 41 4- t4 e e 144 4- "4 88 4 llONDS Net ltlsh. Low. Close, chse. 14000 Bald Loco 1st Es .,104 101 104 8000 City 4s ' 1011 C .102 101 101 4- 1100 Efcc ft Peo Tr Is .. 83 t , 83 4-X 6000 Key Tel 1st Es ... 07 07 07 4- 17000 Leh V cons IKi '03.100 100 100 4- 14000 Phlla Co cons Es. 80 80 89 8000 Ph Hleo 4s 86. 86 86 1000 do Cg... 106 106 106 6000 Un Itwys t c 4s.. 72 72 71 1 Totel nte. 6-18,100. romnnrrd with 821.000 lt Isturdari this week, MSl.COOi last week, 8217.800 PHILADELPHIA MARKETS GRAIN AND FLOUR WHEAT Receipt. 77,082 buah. Demand was fair and the market ruled steady Quota tion. Cae lets, tn export elevator No. red. spot. II t)3ti.f0. No. 2 southern re. tl.Hltr 1.84. steamer No 2 red, $1.7001. 82. No. 8 red, SI 71) Wl N2, rejected A, 1 1.73 0 1.78. rejected 11, tl.71(M 74 CORN Receipt. SOOO buh The market waa dull an' le lower. Quotations! Car lot for local trade, aa to location Western No. 2 re. lowf II l1.20i do steamer yellow. 11.170 1 18 do No 8 ellow, 11.1401.16, do No. 4 yellow. II 111 12. OATH Receipts. 03,038 bush. The market was quiet but steady at the late declme. Quo tations No 2 whit. BaH Onno-standard white, .MiO.v.iHc, No. 3 white. S80BHUci No. 4 white, 5(lii t57Kc, ample oat. S'tiOStVtc. KIAlUll Receipt. 10.111 this and 1.422.088 lb tn ck There wn little tradlns and price were without Important change. Quotatlona per llio Iha In wood Winter clear. IRtfs 25; do. erular snt. It! taq. winter. ouws.ua; ao. PILAt, .V U WW, ,tli J,II1S, 111-. VI..I, .O.iul'. do patent. t 50O1U; do. favorite brands, 110.15 v7lon.li city mills, .choice and fancy patent. Ill) I3i(i (is: city mills, re clear 8s40, do. iral(l patent sn invEU ItYi: FLOUR rutM Arm under lleht offerlns. but there waa little tradlntr. vo quote at 17 00 tf 8.00 per bhl.p aa to quality. PROVISIONS Th market ruled firm, but thefe was little t radio. Quotatlona: Cltr beef. In aeta, amoke4 and Jilr-drlrrt. 34c. weatern lef. la acta, amoktd. 34c; city and wntfrn iwf, knurklea and trndra. amoked and alr-drled, SAc; beef hama. S2S&S0, pork, family 130 noOSls hama, S P. tmred, loose, lDCMutycS do aklnntd, loose. 30t920He; dor do, amoked. 21 (121 He, other hama. amoked. cltr cored, aa to brand and mfrap IDHc; hama. amoked, weatern cured, 204 ci do. boiled., boneleta. 34c; picnic boulders. S. y. curod. loose 14c; do, amoked. 15c; -wlltta In pickle, accord lnr to averasje, loose. 17Hc; brrakfaat bacon, aa to brand and averaae. city cured, 22ttc: break fost bacon, western curad. -'2V4c; lard, west ern reflned, Ulercea. KHci dor do, do, tuba. 17 lard, pure city, kettla rendered In Herceal JTKc; Urd, pure city, kettla randerad. In tuba, 17 c. REFlfl ED SUGARS Th. flner' 1 Re. 7.45 e A. Market was quiet but sin '. price: Extra fine g-ranulati i.Duc, powaerru, 7.33WT.TO) conrecil 7.8507.90c, soft srades. 0.70 7.33c DAIRY PRODUCTS )UTTIR There ws little wholeaal tradlnc a uual on thn laat day ot th week, but orrerlns ware llsht and value were firmly maintained. Quotations! Western, aolld-packed creamery, fancy specials. 80c; extra, STtfSMc; extra first. .SOOSflVioi firsts, 33Ucr seconds. 84V4ct nenrby prints, fancy, 40c, averata extra, 3803Se: llrsts. 87c. seconds, ssesdo; special fancy brand of print Jobbing at 43046c. i:0OH The market ruled firm under llht receipt and a fair demand for dealrabl tock. Quotations; In free cases, nearby extra, 4.'c per dozen) nearby firsts. 111,70 per rtandard caae. nearby current receipts. 111,40 per case: western extra. 42o Per dozen: extra firsts, 111.70 per case, firsts, 111.40 per caset refrirerator ccis. extra, 18.75 per case) first. 19.8009 00 per case, seconds, 8N.2308 83 per case; candled exits lol.Hng at 400500. CHKKHK Th. market ruled firm under llsht offerlnzs and fair demand Quotatlonsi New mm luinTnui, iik,, ..x wvtol ao. ao. i.ir i svvu ats w.v, uo, OlOe. POULTRY part slma. It request I.IVB Desirable stock: wa In fair and firm under ltsht offertns. Quotatlona: -wn, ,u MU...I UWU1 &CTPllOnai Ot hlshers roosters, 13014c: sprlns chickens, ao cordlnir to quality. "15 0)7ciThlta LehornsT according to quality, MOinc; duck, aa to quatlty. 1501SW; turkey. 22024o: reA" 18 0170' plseon. old. per pair, 23028c; do. youmr, per pair. 18022c ' DKE83EIV The ' market ruled ateadr under moderate offering, but there was Utile trad Ins. Followlnr are th quotatlona. Freah. killed, dry.packed fowl. 12 to box drWlckod. fancy selected. 2814 e: do. welching 4H 08 lbs! ss'-sji-wst u iizm,:z&.s ? ??! 8 (ba. antec. 200210! fowl'. In bbl . t'coTpackMl fan y. dry-plcked. w shine 4 00 lb. ad ovsr ; ao. WTisnin 4 iwi. apiece. 21 tic: Bfllaai 92 1 T ao, a mauer aisct, i v ici piece. aiX4ot roostara, dry n;8lln4.r"p.rpii;."23ejw.Uhlni,ey lb per P r. 22ci weladln 304 lb xTaaTei chlckens-welshlns : narfUlEs. per pair. 20Z21I! nn. mixea sisea. levi s: Broilers Jersey, fanor. rby. weighing a4 1 liST! 22023c: aausu, wriVt. Pr dos., .J5.7a06 io! Ser doa , I8.8O08.7S: do. do. do 6064 lbs Sli flnaeR.r Jin nlher n.t per. pair. 28 W 50c: do. do, smi ducks, nearoy spring. zz23o: aoual. Melghlnc JJ0.13 lb., per do., 15,7608 dd. do, 9010 lb, per rfox., 4 SStiS 60: r"."""'0'.! FRESH FRUITS Cholc stock . sold fairly and lay .;; .::: i'ttM ;-jmii6 aja6jr ifttg J! b ttflal 4f .fi mCFw lie tt mint rfr-a. 5je t 4 BANK, CLEARINGS BaaV clearlnaa today compared will) wrre KM41M day U two years: - Z? W$ttvt J.nkV Dtt4HMt Kat4s 16r OrarlO Owat aaas-OjO nt w v u llei. Beg 11 at" ' tu " ii ta js aas. syjr 6s) ta m f ataa. twirih "n;.,r.n'nr4.5o'05,rru:h it 41 arlYnea' Ooldeo. 14.56081 BmSiehou" !Z 460: Alexander, ,i?.5l08.ais We.1thy'H'if1 Twentyunc. l".011Vork Imperial. 14 afl 3,001 Bn.la via, I2.2302.7i( fair to,W IlL &las&:- Jlilirm.!!. jS.85 M KSSTMyir. k S.V WKLJa ri . 1.0". Is ?i l.8."!0' 9"lnes, Nw York, Kr vj? ' B2u 11.5001.78 .licnon, per box, trMaTTa.' XI2 Orne. Kloriaa, per jrste Bright, it latflt 12.7608 78. (rsnlserrles. Caae 00, tirJMwr 1308 bOt do. 00. per era U, timi.ih,'. "'' ey, 4srk. PIT crit .024O: 4o. 00. IliSt. 'Sr cral 41.5602, rchia. New Tork. 'K,-r 60090c:, do. id. per "buah. li.k. Iltl9r 1'earsT Kw York, pr lyib uu,tltiCXS- i,1 f 17361. 71 f Sartkett, JlaV TJV',tL35' lirjivc. uraaVaaa Naiiar .x 'aaa) &T&n&s&pm . 08: sreeaaaga. UM1XT mmrm mvTtum-. talllaJ-taVaral. b.Tiaitt Pluaaa. Jt' 36c j , TO 6 Mm, York IS: SaSai VSOXTABLSS eneral'mirltetrwes" quiet MM TWaul Jttsr'sx rjmt !.io. -waiii ii:;.--' JaL5 ttmz: . m ! ... 66 mx& TM & WsaT .mytOStJk 0aaaaaaia5 lUla'TII Th Bier a aaaal-aaaaal rt& .JLSUIK nis .Si1 ftffi- RAPID TRANSIT TJRUST CERTIFY ATES ADVANCE TO BEST PRICE OF THE YE ilost Active in Local Stock Market, tfemancf Being Ba -j t? :..o T.oVn Siihftrior Declitiiyi. On UOLrU XiRrmiia "' -t Huntingdon and Broad Top Issue Strong There were many lnlerestlnr feature In tha tradJnV on the Philadelphia Stock "ex change In tha short sesalcfti today. In Uia first place- the market was the most aotlye for a Saturday that has been "witnessed In some time, and In the second, some new top marks were made for tho year, Philadelphia liapld Transit trust cer tificates' held the majorl'y of Interest all through the two hours, nearly 16,000 share changing; hand at advancing; prices up to ZZH, the hlchest prlce'tot the year, and a rnln of a full point as compared with tho. close of yesterday. There waa no news In the Street to account for the strength and activity, and In the absence of any, It waa based on the reports that the company's earnings continue to show R-ood rain a compared with the correspondlnc period of last year. Wnlt Lalce Superior cotHlnttee t a cupy a prominent pmco in wra total ; for tha day, mere than 11,10 share . bomtht and rold. yet the stock waa tpK closing; at the low point of the dy. nT a loss of a fraction mora than three sti r j for the day xne majority ot tha eW waa by holders who got In tower down Met decided to take profit. Although tar from a active aa ittW Issues, Huntingdon and Broad Top oem. mon and preferred came In far soma at tention by reason ef the fact that botk S rose 10 ncirmin invua. iw in year, the common going up 3 points to 17 and the preferred rose to 55. Setae of thle g4, was tost Electric Storage Battery advanced It. but some .of this waa test before the el.' Sales In the Issues ran above 3100 sbare. Westmoreland Coal gained 4 H to 78)4, BIG DEMAND ON CURB FOR CHARCOAL IRON a Common Stock Goes to New High Record Aetna Ex plosives Is Strong NKW TOIIK, Nov. 4. The most Im portant feature of the trading on the Broad Street Curb today the brisk demand for Charcoal Iron coming from rources di rectly, connected with United States Indus trial Alcohol. The common stock advanced on this buying to the new high record of H, and there waa a brisk demand for the preferred stock at 7H. Aetna Explosives continued strong, al though It reacted slightly In the early trad log, and reports were current that a good part of the buying was for du Pont Inter ests The stock ranged today from 11 to 11 Vi. Magma Copper sold from 604 to 49H. There was a brisk demand for Southern Oil and Transport at 8H and 84. Dutta Copper and Zlno was the most active ot the mining stocks, being heavily traded In, advancing from 12 to 14, INDUSTRIALS DM. Asked. Aetna Explosives 10' 10i A-merlcun-Ilrltlsh II fg ..10 20 American Marconi 3 34 Canadian Car Co M 45 Canadian Car" A Fdy pref 05 75 Chevrolet Motors , 188 IDS Curtlss Aeroplane ..,,, ,,,., 20 80 Kmerson monograph 11H 114 Haskell H Darker Car 41 42 llendee Mfr 4 27 Kathodlon ilronxa pref .......... 0 1014 i.aurei un a uaa 0 l4 tt OS Maxim Munition. Manhattan Trans ,. Mldvala Steel Otl Kleator ,, IVerlees Motor ..... Toole Engineering- . . H H Kresge w I Standard Motors .... Submarine -. Triangle Film ...... United Motors , United Pront Sharing U S Light tt Heat ,, do pref , World Film STANDARD OIL STOCKS Illinois .....S 520 unio rratrle Pipe ..... SO of California 8 O of New Jereejr a u 01 new iorK uiur.ii jiu mwiu Coaden Oil ,... 14K Coeden Co , ,. 17Ji International Petrol 11H Houston Oil , lQVi Midwest Iteflnlng 74 Sapulpa Kenning 8K MINING 8TOCK3 Atlanta ,.......,.., Ilutte Copper a Zlna Ilutt N.w York ... Cerro d. Pasea . 44 First National 4K Florence QoldOeld ., 85 Ooldneld Merger .,...., 7 Hecla Mining ..,.,...,,. 7H Howe Sound , 6V4 Jim Ilutler 80 Jumbo Kxtenlon , .,,.. 82 McIClnler-Darrago .....' 65 Magma Copper ................. 49 Mines Co of America ., 174 Nlolsslng Mine Co .....!.. 8U San Toy 17 Ht Joseph Lead 10H West Knd Consolidated ;.,... 71 West Knd Extension .,, 2 White Oaks ,.,., 4 BONDS Cerro de Pasco 6 .....,.,121 Mldvale Steel 5 ....,,,, 084 Russian OVis I, ....lOOli .... 87 a ....105 :::: ek :::: w .... 1 ..868 ..:so ,,848 ..B00 Z3V :::: fa I8H 08 e 24 115 13J4 2 15H 225 875 25 353 603 242 15 18 Jo& 7S 10 18K 4h 40 a JH 83 34 no 19H 7SS A B loSi, Local Bid and Asked Today llrlll J a .'..... , Duff A Susq to do prt ........... Ilaldwtn , Kleo Storage ,. Oen Asphalt do pref Kenton Telephone ,. do t o .,,,,. do pref ...... ,,.,.. Ijlke Sun Corp Lehigh Nav ......... Lehtgn Valley lenign vai Tr...... do pref Pennm 11 It ....... Phlla Rlee Phils Co ........... do 6 per cent pfd,. oo n per cni pta,. P It T t c , Heading ,...,..,,,,, Tonopah Belmont .... lonopan jurauia; ,, Union Trac , ,, U O I ...,,, U S Steel V.,1, i,, J . w, m. - .....,., Hid. Ask. Hid. 37 88 88 OS t 02 OO 8 85' Yesterday Ask 80 64 01) 84 704 IU 74 HI . 66 . 87 H7i 85K . 711 71K 70(i . 81 32 SlC . 72., 78 72J4 . 12H .. I2ji . 12 ., 12(4 . 07.. 08., 87 08 , 't 28 2"i . 82 88 82? , M'Vx K3'4 84 84U 204 .'()! fl '11 U . 42 43 42K 48r :m s A sst JO 41 40 41 37 S 37 80 an ji ai j. 6J-10,4V4 4 6-16 A 7-16 do nfd Wm Cramp t o 6 15-16 A 40 48 02 B2 ISO 120 la 14 , 88 87 . 82 M 8 l 45 8 2g 02' l'-'Oli 120 Ik Vi 82 88 , Sugar Futures Dull NEW TTOIIK, Nov, 4. The market for sugar futures opened dull today, generally 2 to 4 points lower, with no transactions on the call. WHEAT IS WEAKER AND SELLING ACTIVE 9 Sharp Drop in Prices tyi Argea. tina la the Chief Bearish -Influence ironloM-41enera11r fair. mwiI arLs est and east. MlnneaoU Oenerillr fair, slightly colder. GRAIN I1F.LT irKATHER FORECAST CIIICAflO. Nr. 4-The, weather fort, cast. for thlrtx-alx hear follows) Illinois -Oenerallr. fair., cooler tenlxht, If IBff- SI ontheast lanleht. lonafJencrallr fstr, cooler tedar, east ana south. i North Dakota Generally fair, toMer Soutb Dakota Generally -fair, eerier Bandar, north and went. s Nebraska Fair, not much change la tem perature. . liansa Generallr fair, cooler, seutheaat . , Jnd,,D"--;r"rtlr rrrcat and warmer todari Hondar. fair. CIIICAQO, Nov, 4. Selling of wheat was active this morning. Influenced by a ehan ' drop In prices In Argentlrfa, a net loss of j about 7o being noted at Buenoa Aires, and the tone here was weak. Export sales yesterday were placed aa high aa 1,000,000 bushels. December opened at 11.834 to 11.11, against S1.S5U at the end yesterday,, and after selling at 11.81, receded to 8lr81Hi May at the outset ranged from 3181K to .1.814. compared with $1.884 at the close yesterday, and sold at 11.81 H ; July started at 8 1.4 8 U to 81.474. contrasted with 11.494. yesterday's last price, and sold at 81.484. The market at, Liverpool was dull and Inclined to go lower, with the demand from millers less active. World's shipments are ' expected to be moderate. Exports from India for the week were estimated at 888.. 000 bushels. Receipt at Minneapolis and Duluth today were 491 cars, against 13296jcars a year ago; at "Winnipeg 794 cars, compared with 1913 cars; at Chicago 63 cars, contrasted with 102 cara.'Tho weather In Argentina con tinued cloudy In the south and center. Corn was easier, although the market at Liverpool was strong. The receipts here today were 232 cara. It waa said that the foreign demand was only limited by high premiums and scarcity ef Vessel room. Leading futures ranged aa follow! Wi,... .i. t,.. , Tes'dV December .. 1.SSV 1 3 '7 1.84W 1.85$ juir ....... 1.48 1.41) Corn (new delivery May .... July Ol !?& 86i as aau ------. --. December May ..., December ..16 22 January ...15.25 May ..,.15.40 January ...13.77 Pork December. .125.82 January ...26.82 J"v ..,. .26.10 Old. tAaked. l .T71T. ini9 CIO U 1 N9S1 1 mtiZ bjiu j.88 iisia v.m K 1.47 1.4S-1.47 ASIfc RBU lit) 1MU ik nit 'U a8 8.8 oil n :&. 16.46 16.20 16.40 tIO.i.1 J5-t 6.M tl5.87 118 27 18.37 16.82 715.87 116.85 18.85 13.72 718.80 13.77 25.70 25.80 t25.80 25 82 25.82 )25.86 25.95 t25.85 10.00 25.80 25.85 20.16 Bankers Observe "Presa Nlghi" a '"'Sl'1" waa obaervd by the thlla- Gemma. (!nnnte aM.lnn t .,....- -a Bankers, with a dinner last evening, In the w.Uv. iuiiia in me Jiorner Building,! financial editors of the newspapers of this v.ij uog mo g-uesu or me chapter. Sev eral hundred banking men were In at tendance. Harold J. Dreher, assistant! cashier of the National City Bank, of. New York, and George C. Allen, educational; director of the Institute, were the speakers Responses wero made by the financial i delphta National Bank, presided. a Car Shortage at Plttfiburgh prTTSBUltail, Nov. 4. omclalsol the rallroada entering Pittsburgh have an nounced that, owing to car shortage, ship ments of less than carload lots of merchan dise consigned to points off the receiver's line will not be accepted. Freight house are piled to the top with merchandise that ' cannot be moved, owing to the lack of , cars. s-l 1 sr m m i prunes j. jsencier Jt jo. - INVESTMENT BONO? Member Philadelphia Btook JExotiasf) NORTH AMERICAN BUK. ;!s1 ' - -. .. 3fm .?- tUkUCmiM Am 1 Xta4n aaa taAaaar aSEL aHvtaajM of at! f4rMarsn iw.DisaWT, saTJlTI jiTJP lr4 on tlw taikaaT S TaSE trails MovasBaW ll, UU. r wu win 4aM Breaa Ma- ""Tth ItfkMtitt - ' HJtaaasaa! jWtatts- West End Trust Company ' October 31, 1916 "4: f 1 mm 1 ia ' Reeourceg Call .Loans .'' ?4,g45.844.01 Time-Loang ..J...., , 86,149,44 Bonds, Stocks, etc. , B,880,lil.7g Banking House ....... .....' 1,000,000.0 M8" ' ........,.,.;.. ir00,8t7.10 112,512,47437 ? ' ': H,Q0f000k ?ru,3r ; ' 'Vi v 1w,omm vMSioita.... .....?. , mjnm r & m iiL t '-e4VrV ",.., , w . miml i t I mPTr "-PBe"eWaIWaW Vea.ai) BkWlm!W ...,,,.,,.. 4 taLM ft atla- la w IWN,t. w5BZSEZ. ttm7l.R f tt&LvjWWwi&W ' 0 I .-6.-H!. !,,, C--J.P--Ji 99m UWlJSfltM . UslME.WtA-t '-4JW-a.a-UJr 1 'ffiRHHEaf J iTVmSM? . Jkr"'. .-. 9