f't: ;. kv: i''rnr-j i i '.-J" 1 .. &S2STK T?r"j;t -i.,V. .. k . .e... -,. i)Sy 'xi. EVENTTtftt T.i?rrtT?T hTTTT.TTr,, MSSff OF THE STREBI-PHlLlBiLPHIA MARKETS .SHOULD WU WAVE "PROFITS" TAX TUESDAY, AUGUST 28, 1917 AiNU r-Kiuijj-jiAlJNU- AT SAME TIME? I England's High Excess Profits Taxation ifitnir ll Tmnnvfonf Pn-ii1 -P T.. Gossip oi! the Street "WHAT ,s my oplnlon on u,c woposcd excels profits tax?" r.skcd nn Uptown in p ' ''vestment broker, repeating tlio question put to him. "Tlio Government's! nct'on puts me in mini! or the Irish nokller. VO.cn Ills i lupcrlor olllccr usltoil him what ho w.-w dolus with his blanket, mid ho (,i:Viveicd, i 'Bedail, it is too snort una unin t cover my fret, m I'm cuttins u )lecc ftVn the top i to w tno botlom an1 lna,o it longer.' "It seems to mo that It Is absurd both to i prices nnd la excess ir-nilts at the samo time. It looks Uko 'takhiK ioniothlnt; fiom the top to bcw on to tls Ijottom' io as to plcco out the necessary tacs." ''. "Iiseo by advices: from London," remarked the principal of nn Investment: house, , "that ono of tho reasons why Unglaml mado.Buch drastic excess profits taes, which In Bomo cases wero as high as 80 per cent, was becauso alio found It cpoGdliifily difficult to control. prlco regulation. The Influence of the government In tlM market ,s the chief purchaser, however, has proved atmost.as effective In Enslnnilj I under- itand, and unquestionably that will bo our experience here. "I sec," ho continued, "that In Cimlnml Itnanclers believe thnt lilglti luxation during the wur will check lnllatlon and aid in imiperntlon uftorvvatd." Peace Bobs Up Once in a While ' Every once In a whllo the subject of peace is broached In iionu of tlw IvtoKors' ' offices or board rooms, but It docs not s-erm particularly popular. The w num bers who havo entered tho army In ono way or another from financial htuy ioi may bave something to do with this almost ujilvcrfal unpopularity of tho "doo if. jence." In one downtown otlleo today the nubject camo up and the speaker, oe of the house's customers, said: "So matter what effect the discussion on t li,'j subject may haVo on Industries now operating under high-pressure wur demand, )i know , of a number of bankers who arc inclined to look on pcaco piospccts wit'd a great deal of optimism. ' "It would end," ho remarked, "tho present world-wldo destruction r 'Capital " tnd turn labor into productive channels where it is badly needed." k Northern States Power Company Shows Gains for JjLv Tho net earnings for tho Northern States I'ov.-er Company for tho Ifioilth of ' July, 1317, wero 19.1 per cent greater than for Jul. 1916. Gross earning for tho jnonth Increased 21.0 per cent. For the year ending July SI. 1917, the lnrftaso In Bet earnings was 11.1 per cent, nnd for tho ram? time there was an lnffc-aso of 17,8 per cent In gross earnings. The report of the company stntts the new business gains arc BatlsfufJjoiry. Present Conditions No Occasion for Worry "No one can mako mo feel blue over present conditions," lemarkcd ois of tho oustomcrs In a broker's board loom yesterday. ' , "I know," ho said, "the market is dull and all that, but look at tho mcujy th.it ,Is being spent In this country by the linvcrnmcnt, bv England and by France. v That money," ho continued, "Is all going tluough our industries; It Is not) having the country, and wo arc bound to see It reflected in tho general prosperity mt tho nation. I read somewhere that we arc spending $30,000,000 a day in connection with the war; Ilngland is spending much more than wo arc; Franco is spending llb&ut as , ouch as wo are, and they nro both spending a lot of it here. "I can't feci blue," ho repeated. Is the Auto Supplanting the Inivrurban? ., "There are some parts of tho country whoro interurban traction Vptftle is declining, and many people don't know that It Is becauso of tho competition tt tho Automobile," remarked an Investment banker to another. "Take, for instance," ho said, "all over tho State of Indiana, the western nmt of Ohio and tho greater part of Michigan where farmers have, almost without r-srep-tlon, two or moro automobiles each. These people don't ride In the trolley cars any more, although there is a network of them closely covering and unites that uholo territory. "Ueforo the advent of the Interurban lines In that section thev were V,pl sup plied with railroads, but they were nearly all trunk lines," he explained, "a $ these lu'.erurbans linked them, and teemed to have a splendid future. But the che.'f rjtito Dobllo came along rfnd upset all calculations. "Maybe," he safW, "there will como another tv.ni of tho wheel to brliip Ikcse interurbans in that territory into their own again, such as famine in g.nliwe, or something of that nature." Longing for Definite Action at Washington "I sincerely wish that tills week will clear up all doubt nnd uncertainly about , txcess profits and further price fixing at Washington," said the manager of ty down town brokerage house, "and lot us get clown to business when wo know thl vorst. "Tho trouble," he continued, "is thnt thcro are too many small-town fyoMntry lmvvera n en,. lnr-1clnHi-n linlla In Wnshtiitrtnn. ivlin ilnn'f Imimii- thn flew l,t,vl Mhnul V "-" "M. .M.".." - - O . " ...,w., ...v. ,...-- k.....) .'kL.V inesft subjects and cannot treat tnem irom a nroau standpoint. ''Of all men," he bald, "I have found lawyers the most iticapablo busing men. and of the two classes in these small towns, tho small merchant and tho smalln u ivyer, rlvo mo the small merchant every time. "I havo met," ho continued, "many of these small merchants in towns ln New Jersey, and all they needed was opportunity to be really big men. nut thivCoplo never send that class of men to "Washington. They pick out tho Mnall lawyer who "thinks" ho has nothing moro to learn and proceeds ,not to Itain It. When li.r Caees a situation such as wo havo In the country today ho gets his first opportunity to display his crass ignorance of everything connected with finance. The smslll mer chant has some ideas of finance and taxation ami, aboc all things, lie listings and , learns." it t c Municipalities Find Financing Exptnsive As a sample of how dlffcult It Is to get money for nny new financing thesV rfavs. the head of a banking house called attention to the fact that somo cities nro paying .Wja prices for such funds as they need, especially Canadian cities, and tley aro .resorting to tho modern method of Issuing short-term bonds and notes ii high rates. Some of these cities, ho said, are putting out ilvo nnd ten-year sc utrjtlcs -.yielding, at tho price they are being sold at.from C to 7 per cent. Only a ffi;V' Hays o, he said, tho city qT Cleveland, O,, sold Its 4 per cents at par whero unie or- dlnary conditions they would command a premium. i No Market for Inactive Securities "I have nover como through a time when It was so dlfllcult to find a Market 'of some kind for Inactive secuiities," remarked the manager of ono of the, uWcst ird largest banking houses today, after a conversation on tho telephone 'fin a customer. "It Is hard enough with active securities, and even in dull times, pnnlftus- 1 1'. wo could find some kind of a market for anything that had u vnluo to It, mi at Present theronre no hidn." ' Five Per Cent Taxable Bonds vs. Four Per Cent Tax Frcti 1-ondon bankers are figuring out whether our noxt issuo oi Liberty liondsuwkudd , ke more deslrnblo if issued at 4 per cent not exempt from the super tux, or it 2$ ! Per" cent and free from M taxation. , Gioat Hrltnln experimented both ways with taxablo 5 per cents offorcd an 9,1 Wo 4 per cents at par, free from normal Income tax. A't tho end of last week the C per cents were quoted at a discount of i,jj pMnt Ifrom. the Issue trlco and tho 4 per cents ut more than 3 per cent premium, bifjt. this I. Ur&ttrlbuted to thoexpectatlons of.n hlglier incomo tax. 1 wnen tho British bonds wero Issueil suoscnoers couiu eciect o per ceiu;i rar (Per cents as desired, and It Is said that nine-tenths of the applications wS,g for t i Per 'cents. Another View of Excess Profits Tax and Income Surtax Samuel Untermver. tho well-known corporation lawyer of New York nm him- lf a strong suppbrter of tho present Administration at Washington, in an InWprtew n the proposed changes In tho income tux law iiow under discussion and ujffo on the txcoio r.w., ..,in. ,. nt wnmliiir for Congress to go slow on Wufo of i,U " '"u"' S,"""s .w.w w. ..- - 'lese matters. Mr, Untermyci- has always been a stanch supporter of the income tax tyi tho f only just Way of raising revenues, but he maintains that the nddltlonul surtay on ij "'toniea of J200.000 and over will defeat their own purpose aim mum auum. w- .f.'n real estate and In security values of railroads ana industrials tne hkb ot yiwcn '' never been known, ns every man with an Incomo of over $200,000 would ln.reAso " not Income by selling almoBt every ipcoma-paylng Becunty no now noms Mi ia d on the Now York Stock Exchange, even at present low prices, and inviting tit. t 111. . InrtnmA nf fL4lfk fU j !," proceeds in State and municipal bonds, una qvory ono mm an nwu w- t r over u-n.ii,i n.i . i.i .. mnvert his holdings In securities an al LVI t -.- ... '...'.. . ' -.,ia ' r o ai por cent united states uowrnnwin . I'. to tho excoss nrofits tax. Mr. Untermyer says ho believes that, 40 per ciAil, of W excess profits Is the uttermost limit of public safety, and he adds, as its i opWm. W no crcat mnnnfnpi,Hn inriimtrv in this country'now has or has had a, my In Us history as much as DO per 'cent of Us total net profits In its treiW. "'viQQing: all tho dividends paid Its common stockholders, iie n. i ii kaed experience of nrlnt nrimm. with Its 80 per cent excess profits tax. too Llr Precedent or criterion. .,, Wilt Sell nalhVay Bonds HICAQO. Auc. , 28. Kdward Daniels. liJi1 ., 'w"r'' i" " aeptemuer ii l Public Ml at Indianapolis 1600,000 UilTt'S "re Railway first rnortBaRO ;wai.aiii Heptember. 1, J:, HtBJ few1 MbanriMM . a TnlMirkin' i ww. ,m w ". R. R. to Pay Interest on Bonjjsj NEW TOniC Aus. 28. The dlrectw of New Orleans, Tews and Mexico IuAwjr romnany havo ordered tho payment o Cjo. Si"ofl per cent interest on i h per i imMiaMmmmmimi'mwF'T"fF!F? i r, i PHILADELPHIA ! ! ' MARKETS GRAIN' AND FLOUR ",'" nmU,7,u'"",t' 3:!'11" Lu,h rtlt m4tket I""' maTi111''.'!' 21"? .,,u'' s''ot uppll Ilonli v1".1'rr l!." tnr lornl trnrtf. lo lora x' S I.',?,' - rllow- t.05l,00i do. OATj"n'1 i. nomlnnl In MnnlT! .,t,rr1""' "n."s buxh. Old oat wet" liUl. i!I?JP.ly- on.1 olum fr lurittly nm- 'I'ndirTi l,l..n"JV.!...,u,,.,.' nl''' ',)M,lt:. o:..'."..... iiiii. . . 'ii n ti uni.A hm safi c. vm . ia- 'fii",i no a hito, 1-lAil'ii r. ' "Mp- "' 7lWr. In ari ,tJJ,M',lni. TliH hliln niJ SSO.r.OO I 1'Ur n.i,i ,V'"T'' """ " 'nlr "I'nianrt for r nfi.fi,.'""1 'n" mnrki-t rul.l firm undfp II Inn n? in.V10'"' n,,, I"'1' "" "'. In "'""' "' Ibi not laht WIMnr K,(. ... r... . IKIUIII .ir IPUmi 111 "-.i ii -V' V" ' '" ". wniiMK. iir now. '!" lit. !.'": ,l0' "If"!"!!!, n. IMROtflM rl'dr M ii .'" '"'Wl-' -'1. M'Nim. nrm 1.1 ,'? ,."!." "" "I"- IMlMit. old, 112 HUM ' "l " Jl"1" I'rnti.l.. tiafi is '-', rlty mill. Ini"ni t,r,"'.,-"S....wJ.ril!I Strnlsht. linv 10 r.O with i Ji'...V':ilT.l. Han '" 'mill nupply unit Htm, in in h','laiul '"lr'- ''IH" We qm'tJ i 'J1 III. juillli. '"' "W''0. Thn fpot. PROVISIONS afcortllfiK lo wcrn.i.?," " ,a,r JnWjlnit Inqulrj anj value 1 In .,.' d"V milntHlnpJ yuotatlotm rily Ucf, IrJ ...J mc,l"''l nml nlr-ilrlfj, .He, i.trii btf, " ,7'" Kinokp.l, ;i4i., eit liif, Lnucltlvn nnd B'fi 'niokH iin.l nlr-drlr.l. HV. cftcrn nimi. t.1ii.V; purl, fmnlly. HT.r.off IS, liann. "ji ' l,.r'rt- l00" L'Mi'-'.Vfrc, do. Hklnncif. lom, h.,f.. "c .V 'I0- unokul, S.Vi iliL'ilc. "thiT nil. . """"v"'1 ',IV urJ. n in lirnu.l .in.l "rn..,?- -"'Wi'.. do. (mink, d. w'i rn fur.'d ;',f.r" ..''" bnlluil. bom'IPFn ,111c, DlPlili .OU,'I' r,' s 1 tur"il. IO.I-M-. SIN-, lo. KllloHml. ,-',' ",'"' ' ii'vls lumrdini I" inTa 10 no, .11, ,ri..1,f,l,l imfnn, hi. lo brnnO ii ml "'""'" ;il iiir.il :i7r, broiilifuiit tmidti ul !,l" iipotl. n,c, l.ird wom.Tii. t'llm-d. Uprc-. j,. "i' "o ilo tubs, -jr.. bird i'i.r. ilt. Ijf"1" litclrrnl in ti.rui- L".c . do. d i. In lub. REFINED SUGARS , Thumirknt .n nul"t on .i b.iMs uf 3"tJ i io for ixtra lino Kninulalcd. DAIRY PRODUCTS WTrun Tho market riib.1 llrm nnlr lent ofti-rlnsi and a Rood rtt-inand (juotatlonn. Wontcrn, olld-pnckpd rrnvinifrx, fanoy ipoclnK l'ic. ritrii. la'iUIUi' I'xiru tlrKta. IJ. . tlrts 12oj tfcondn. 41c. nrnrby irlnt fanry, tf. axernirr- i-xtrn, 4flO 4T-. lints, lllfr.o. lo-rond". 41'VI.I., tiK-eliil brands ot prints Job. t'ini: ut ."IV "4c. KQIIS PIhh ncw.I.iM rcnH wero srarco and nrm. with itmnnd falrl nottte. Quotatloim I n-o imicp. nearby prlnti, $12. '10 pr iilandard enno. nirrrnt rprelptw, $12 Hd p. r uao; anond". ljotiiril '.'. per rn. woiL-rn "Mra tlrnlK, 112 hi ivr r.io. tlrstn. $12. In p-t tnio. nocund. $n ll.-.H I 1 2.1 per rl;i., fntli' 8-t?lUd ctjs wfro Jobbing at "iif5tp per do?, n. I'MIIIWn Pi fair ioiiu.t and nrmh bold JJiiotatlon" Xfi Vork. full rrini, fHfii-), .Imw, -'J: ap'tiiti liUhpr. frrih-nindn Lest. 2IU "if -'I'jc , ohoic-o. 23'-i f(2li . fair lo eooi, 22' Sf2.1i POULTRY l.IVH Tin markrt rub-il firm undei- niodpr.it.' orfprliiRH nnl a f.ilrlN aotlve iIpiihiihI Uunt i tlon Pirnl. ' to ooalltv. 24t2.' rnontpri. lilrii-f u-prliiK ihlrkttu not l.t Khorns. plump. vpIIow nklniuil. wi-lahln 13 It 2 lbs, ap'ooo. Ji.1! 1-Vc. do do. Hir.allfr hIzps 2I1I2m' vVbllo I.p horni 225f J.c. ilmks lv-kln. IfifrsiK . do, ln dlir liuniipr. 17'filhi. do nprlm; 2u1i21 . Mpons. nl por pair. 2ri'i2tli. do, ounit. I"-r all-, 2015 220 I)Iti:ssi:i) Tiip m.irkPt rnt'd firm with di inml uhsnrlilnB tho limltpd otlcrlnni of lino d slrabl" slsi-d Htm k. Quotation follow Tuwl", I.' to box nillk-l-il. dr pltkod. l,ilu koIpcIpiI. 2T1(iP wtlvhlnK IW lbs ind ovpr anloio .-7o. do. t lbs. iiPIpCO, 2(',lar, ,o. 34 lbs. npliC", 25'joj do .1 lbn. aplPip 2iiI2lo. fowls, toiil, tn bbls., uimv dr-ibUpd. wibjblrK 1' Iba ml o..' aplppp 2iUic; do. I lip. aplppo, 2ri!a W'JOp: sn.allpr ?ls, 20li22i- old rootpr.s lr-pttkld, l!ip, brolllntf c.ttckrns, Mtlicblnv P-j'T' lbs. aplrp Jprspy, fancy, 301 a l Vlrsliila, fancv. 2(l'(i2'c. oIIwt nparb. 2."i fo iilo . wp.mrii. 21dii 2ip. turkpK froli killed, loirt, lur lb wstpru. bent h!i' .'.I1t2lp, rominon. 2lW22i . ilurka. uprlns. Jlr4 22c. Hftuibs. p,-r dozim. whltp, HPlRhlnR 11 to 12 lbs ;,pr clozin SI21M.", do, do. !l to 10 lbs. prr dnrn. $:i.ii,lQ4 111. do. do. S Iba pT dorrn $2.7."i'tia 10. do. do, 7 lbs. per dozen, $2 2."!C2Cn. do. do 11 to l' lbs. prr diucn SI T-'"'l. dark, tl-,"'H2, small and No 2. O'lo a 8 1 '. FRESH FRUITS Thr . h fair rtcm.inil for inot fruits nf tlolrahlo quallt ami h1ihh K-nrjU with Hifiifiiiy mnlntfttnd.' Qnntniloiiri Apples Vlr rinl.i, r-r t M (Jr.ifti"teln. n."Oii Ti. Hummer IlimlKi. J.T .'lOtrri, UValthv. t'AGl Ai'pl!". ruarbv. i-r h.inip"r, .'nclfl ."rt. On do. jut - -buh biKlct lTrV $1 l.f moim pt 1ok. Mftl tl IMnr HpplPH l'yrto Illco pr crHt $- V6fl. Uniipi, 1)"1 irtar l er f-h'iskft arrlr. 7Tm f 5 1 . tVintnloupfB Noi ih t'urollriu. Hldieavi 7."f Ii t , rantnlnup''. iMl.twar .irJ Mftr 1 nvi. ir Jumho riat1. 7'k $t . nut ilnuprs lHiiwar nmi Marjlaivl per HtanUarri ituIm, uHt (St S I . mntii i.nint" l.lavftri' .nnl .MariL.ti'l p r pm uatn 4n!t.r rintalntipfR fallf iruta Turlorlc, p r Ptar.'lar! rate, K'.'.TtC J,,"o, raut.iIutipH, I'nll fnrnla Turlo K. pt P"ns rnto. 11 r.Oiy 1.7r, enr frilnup" California. Turlotk. pr flit rrnte. $1 Wl.'JI IVirhri LelAwar. Marlinl, Vlr elui i hiuI Pt Vlrfflnl.1, per crate, Jfy U. jit tirlioft. I)HdHr atitt Marlan'I Ilcll and VA l prta. lwr lH-quarl hakt, Ttttr ( $1 , ja( hf . Vlrirlnla and Wt VlralnU. jinr Imsh.-li.iikPt. it"n f( $1, J." Pt'arn, Del. mar1 and Mailund. per hamper H-rtl-tl $1 tnuno Sf k-l $1 75 tf Z"u. Wrttiiint loni, per rar, fGO'O --.". VEGETABLES Tbs fpnernl market ruled steidy under mod erate supplies and a fair demand, (luotatlons White potatoes, Rnitern Shore. pr bbl No 1. 2..'.iiSJ.1.2'i. No. 2, $1 2."iff2 White potatoes Del.iunri a.nl .Mankind, per bbl No. 1, V2 7,1 '11.12' Uhll notatoes. Jersv) Ik r . -bush bisket- No 1. i;.'i'7,V. No 2. 31V.MV. While potatots. por bush. $11.2.' hwtet potato,. North farollna, per bbl No. 1. ill .10SI4.2". No. 2 I1.73W2. Sweet iK.tatots. Vlrclnia, p. r hlil No I. J4 r.Oll .", No 2 (I.7.1VJ 2.1 Sw.et poiato.s. Jersey, imr S -bush b.iHk.t, Jl,,-iifi 1.7.1 Cc-ler. New York per bun, li. l.ltfr.loi, I i itupp, N,w York, per box, .1Hcft$l. onions, .lerse" per N -bush basket 7,1eJl$I. do, i;ist irn Shun, pt r hamper, 40ifril. do, Urauto Countj. N. Y.. lr hamper S1C1 2.1. GO I 'ERNMENT'S LOCA L MARKET REPORTS Thin fluffy report to rnf. out by tho Bureau or Markets of the United Mates De partment of Agriculture, l'hiladelphia branch. Kith headquarters at SOOtS In surance r.xchangr Hullding. Bell Tele phone, Lumbal d 77. FRUITS ArPf.HS, VlrnInU ami West Vlrirlnla. per barrel (404.1 quarter peeks), arlous arletles, $2W4 7."! nearby, per -b ishel bisket ih li uuaner pedta), hand-plikcd, ",'c6Jl ,10; culls, i; it She 1IANANAS, pt bumh (10-13 dozon), $1.20i l.liO. lll,ACKni:nnii:S, New Jersey, per quart. 11 1 2e. CANTAI.Ofl'CS New Mexleo. per flat il.ito (12-1.1 melons), pink m4ts POpff$,1o. nearbj, per -bushel basket (1.1-lft melons), ,1o7fic. iull :'ni4Ur ssm iiAimH hnatfl 1 1 ftl t '! . nenrbv. tie e 1. .linshul basket (2U-25 pounds) .108 .; Ijeliwares, pi r b-basket ente. flOSIOe. l'UAt'HUS. New .lirsej, per rt basket rrate. f'hnmplons, $H17.1 tier H -bushel basket (0 nuarrer pecks) Champions, Ilelles, 2.1e'8,$l, Delaware, per lfi-ouirt hasket (7 quarter petks), i:ibertas. Ilelles. Iiiowtl. V irtlnla. peril-basket cn.to. Ilelles. II 7.12.2.1. i:ibertas, $24f22.1 l'llAllH, nenrb, i r bushel basket (R-l) quarter peeks), llirtletts, 11.20, inoktm; pears. 2.1:i.V. ri.f.Mr!. New York, per 8-pound basket, Wlek sons, 2.1e. WATEUMKI.ONI. poor demand, no early sabs; nearby, per I0O melons, best. $1B30. poor, $1410. SOLD AT AUCTION YKSTnilDAY OIl.M'ns, California, per 4-basket cralo r2t pounds), Malagas. ll.20wl.7S, Tokays, 11.25CH 1(1.1: Seedless, UlloO I1.1B. PRACIIKS, California, jier box (72-100). 1:1 fcertas, ois.1e. I'lJAHS. California, Ilart'etts, per box (125 17.1). 2.23a.l.il.1. r.UJIH. cajlfornla, per 25-pound crate, Orand Dukes. SI. 2.1W I .1.1. HUOAlt I'l.UJIS. ?,1o. OltANdKS. California per box (larce size. 10-12 dozen). 2.1.1f3 13: medium size (H-Iii dozen) 2.4nv4.60, smull size (20-20 dozen) $2 aiKM.wi '"' I.KMONH, California, per box (23 dozen) tn 8S: (30 dozen). $2.00. ""'' VEai:TAHUES I1BANS. nearby, iw S .bushel basket (0-10 Quarter pecks), ercen, lie 1.16: war, 73000c nUCTH. nearby, per bunch. 2Se. ""u"'uc CAHIIAOB, nearby, per . bushel basket (12- 15 beads), 2l30c. "" u 12V '2W (li stalks), CAliHOIJ. nearby, per bunch .'UX-EUY New Yorfc, per. bunch mifA.sn... COllN. nearby per S-bushel basket (31A.411 djsen), J3W48C: per hundred ears. $11.2B, CUCUMHEHH. nearby, per S-bushel basket T0-75 cues). 20S40O. Vta PIANTH. "'"by, per 'i-bushel bteket (1B-1H plants), lAcrsnc. I.KSTTUCK. New York, per box (2-21, doien). nOcOTjl, UliA nKANfl, nearby per H-busbel basket fO.in ousrler necks) HWl.fiO. ' A..k.a -.... .m tihnr a S.l ..- u.ioe, "v1.1 tU'tA... wt nirainia, hamper too pounnsi, ouciviti nearnv, pe i....h.l haalfet 1110.33 nounils). fineiOfi n.l. Jersey, per hamper (30 pounds), white and e. low. $1,351.6(! Connecticut Valley, per 100- it: New L... u.,tr i'.7a(ffl3. ij-,lIi:uiA nearby, per H -bushel basket (8.10 ""orA'toiiti. 'Ksstern Shore of Vllnl. per i t 33-10 quarter pedis), $2.30a.23i Nlo. 1, "OtfSJc; No. S1.B0Q2) nearby, per , -bushel basket (S3 pounds). t- quarier penis 2. njpr.oc SWKET POTATOKa, .-venn Carolina, per bar. irr imi ,u. . o.noTi,,ili; i Eastern Shore of Vlrslnla. ner SB-40 quarter pecks), no. 1. II.7B03: $202.25: nearby, per.H -bushel hasket (33-40 quarter peck 3i IJiTi) el (.1 UL No. 2. $22.23! nearby, per.H -bushel hasket b?6 quariJr Pjeks), No.' f. tlM9JMt No. 2 BHOA5ftfMrtW tEtr H-bu.be basket, (20-23 fiquain;. wnj" www t - fc, , M hwvf1,j uiBHfcBi.r:7T". rrr'n -- -' mhii. iHiffxiinn: ' h. spsrs - - -y-i-T "llfri'i "! ij:i' -. m Ik ilm& CLOSING LIVE STOCK PRICES bi,,i'.Il'A.9'.u 2"i IIWIS Ileeelpts, 400 St. J' ;MI?!,C.'l mjnorrow. Lion head. Market sum, mostly 23ohlh;r than esterdav's aer ?.fit' 1 ".",lkJl" SSl Hsht. $l3.intf 17.00; VlBBoVi in Vb ' '"'a,y' ".llri7.73j rough, ,1!,V-tTT''l-"'oelpts. 7000 h,1 Market steady. $n'i!;:E1'raImb,!p$'i7jo0 hMd- M,rk(t "ron'' .S?,ZTIIi. OMAHA. Au. 2S. HOflg llepelots eralh,TT ,'feT, "'K'A'": h00() "'' i'k't Ben- uiYrr,i,"".V" i',,,r' I, ,ambT3"O25oflK;her8.'00 head' ! l"n,. KANSAS CITY. Aim 2 linns finon. head. Market 23 a-,; hi ..e0" .-in.r.i -neeeipis, fitiuu head .. . .j..., .. ,. . ITfmn 1 1 steady lo 15c hlaher ' ttecetrtts. larket 23950o Market CHICAGO BUTTER AND EGGS - MIfAtlO. Autt 21. lll'TTr.lt Ileeelnts iiVVY,!""' rickiiRf IJitrn. 4l'4c extra flrst. S'c. extras to urocers' iTlnt. 114 e, tubs OJje: tmpklnir slock 811 fi .ills. p. " '". KIDS lleeelpts. 22.1.11 .i.e. nr(s. 3(111 337'jp, ordinary firsts, SUt ffi.v."- nilieei NEW YORK BUriER AND EGGS .P' TOllK. Aus, 2 llfTTHIt Itecelnlk 10.770 tubs M.rket steady. i;,tras 43," I. all srore I3J ',( lie, Statu dVlry. Ill, ftl2c other quotations unchmaed. .-tlS?," Hicrlntii 13.701 eases Ilxtrii firsts 120 13', p. firsts, a.,1M, 0 other q'.oiat.'n.. RAILROAD EARNINGS SOfTIIIIUV ItMI.WAY SVSTIIM KOPTIIKltN P..II.WAV LINKS i:APT & WI'.ST Third wiek ViiRust .JJIllii'uH 'om'ts!! I'rnm .ltil 1 .. 15.vii(Mir,n 3 12s 30!, unoiKiiA son ni:r.N and riAiitniA Third week AuRust .. . JJO.ili'.t $.1 (Kt l'mm Jui 1 :u;o.ii7 aiuyi M01111.1: and onto Third week Aucust ... $27.1 nsi t IS .107 l"rom .lul 1 1.IIJ1.31I2 333.327 NIIW YOI1K. ONTAPIIO AND WIISTHnN July cross IMK.072 Net 3.10.(123 Surplus 244.71.1 BeMii months' Rross... n.nrr.TOH Net l.'Jlk.DSl Surplus IUK.I17H CKNTrtAI. OP (U.'OKIIIA July gross $1,312,540 Net .T2II.HIH Seven months' gross .. H,. Ill) 313 Net l.hlH.aj.l MINNEAPOLIS AND ST 1.0 Third we'k AuRtist I212.n.m Prom January 1 (1,711, 077 I'S'ION PACIflC JuU' eross $10.722 707 Net , 3.710 2lil Sern months Rross.... r.w 32 iisii Net 22..10.1.IISS Uecreuse. 120,071 4S.SU) 311. IH17 Ull N43 tnil, 124 27.070 $223 370 71,0311 1,311 S7.1 313,011) -'IS $.1 nso 3 -'10 $0,137 I VI a m 311.1 RH.M4 402 22,1211.11,11 NIttY YORK COFFEE MARKET i:" YOUK. Auk. 28 -Tho maikct for rnffco filtuios nponod (iilct today nnd with out itiooliil font lire. Prices wore uiiohniiRoil to a iIppIIhc of 3 points with sales nn the will 2000 Imks. Septmli. r. lei em hi r . March . . May Julj Ves. Open lliah Iiw Close t'loso 7 13 7 12 7 14 7 1.1 7 71 7 74 7 70 7 7.1 7 71 . 7 01 7 01 7 HI 7 111 7 117 S 1 o K oil h nil ns s in h 2.1 12 S 2.1 H 22 )2I ' t ' CI" V f-. x4 Ir- " CS. SI m , !- tl . 1 FOUR UMTS SOON TO GO TO AUGUSTA Department of East Certi fies Notice of Order to Major General Clement ONE DUE TO LEAVE TODAY General Sanilnry Inspector, After Careful Review, Gives Camp Clean Bill of Health NEW STOCK FOR BETHLEHEM Steel Company to Issue $30,000,000 Preferred SEW YOUK, Auc "fc. A new flniincliiB plan whlcli prolldes foi an Issue tif ?30. 000.000 S per rent cumulative, preferred Ftocl, convertible Into class "H" cmnmou stock at IIS, wns announced today hy tlie Bethlehem Steel f ompany follow inc a meot lli(7 of the hoard of illrectom here. A nu-etlnir of rtockholdeis to conilder tlio 1lnn hat been called for September H. StocKhdlders ot Lotninoit stock, on the books up to September 12, will be Riven tlio privilege of subscribing to au amount lint exieeditiK their present holdings on or before September 2S. Tho (iuarauty Trut Company, tliu Hank er''' Trust Company .ind J. nnd W. SellK man & Co. made up tho syndicate which will underwrite the Issue. President Clinrles M Schwab announced the earning had Fiirpant-ed those of the corresponding period Inst year nnd orders on hand nre more than J300.00u.0no. iiRalnst $1')3.G00,000 In 101C lie put tho book value of class "IJ" stock at 195, "Kntrauce of this country Into thn war," Schwab said, "has produced such abnormal conditions that we aro now confronted with, tho necessity of ralshiB a crv substantial additional amount of capital In order to continue our construction program nnd pro idc for tho greatly Increased business re sulting from the war." Further exr'nlnlnir tho needs for capital Schu.ib said eaiuliiKs which It had been ixpi'otcd would be expended on conjunc tion would now havo to ko Into additional taxes; that (jovernmenl orders requlrn con siderable construction, and that the In creased orders in hand HKoivlso demanded expansion. A. CLINTON WUNDERLTCH A coinmissirn ns second lieutenant eewtirds ?lr. Wiindorlioli for his assiiluily nt tin' army oflicers' training camp ut Fort Niagara. He is tlio son of Mr. and Mrs,. Albert Wundciiicli, of LnnMlownc. AMBULANCE CORPS 3IEMRER PROBABLY FATALLY HURT WashiiiRlon JIan Struck by Trolley Car Near Allontown and Rase of Sl:ull Fractured AI.l.K.VTOWN'. IM . Auir. IS Alfred llriinn, a member of the WiishlnKtiin, 1) C, contlnKcnt of the ambulance cotps, wns prob.iblv fatally injured Into last ntcbt when he was Htrtuk by a trnliev car np- 1 poslte the llltteisillle Stato Hospital, n sustained a. fracture of the base of tha skull and llttlo hope l held out for his lecoxcry. A witness of the iiccldctit -aId that llroun was walklnc alonir the pike on the south CASH' HANCOCK. Augusta. C.a.. Auk IS. Major (lenernl Clement, coinmaiidlnR thft twcnty.elKlitti ntmy dlMslnn. formerly tho rcnnsanla National (itiard. received u tt'lcKram last nlRht from the Department of the Kant, Informing hint that four units roon would entrain for Camp Hancock. One unit, thnt will movo today, is tho entire regiment of tho Second Held Artillery, in cludlnir tho headquarters train and tho field bakery. Tho Second IlilRado of In fantry. It Is said, will follow shortly, nnd thero Is speculation as to the other units to como next. Colonel Henry C Klsher. Renetal sanitary Inspector, lepiesentltiR SiirRcnii (ieneral CurKuo, today Rae Camp Hancock n clean bill of health. The Colonel made a thor oiikIi Inspection of the ump umi pro tmunccd It Ideal. "It Is hlKh, dry. vell dt.tlned and thor oURhly sanitary." he said The Second Aitillery Is commanded bv Colonel Hamilton 1), Turner Captain V I.. .Mueller Is in command ot the field bakery, and the headquailers train, which Is In camp at Mt. liretna, I'.i , Is commanded by Major Clement, sou of Major General Clement One company of thn train Is from l'hiladelphia'. commanded by Captain Henry C. Crofut. On their arrival the units will find their reservations prepared for them. The Sec ond Artillery, especially, will find llttlo dif ficulty in settling down, for H.iltcry K, the advance detail, has performed wonderful work duHtiR the last week preparing the rcKlmental area for tho reception of the ex pected units. Major Cicneral Clement today repealed his assurance that Camp Hancock would be In 111 condition to accommodate the division by Thursday of this week. Therefore. It may bn expected that when once the troops start, the soulhwatd movement will be con tinuous until the division Is under canvas heie. The general said that all of the units miclit not Immediately be accommodated with electric lights and other comforts, hut that such luxuiles would be supplied soon after their arrival. l'UKVKNT UISKASK AT AM. HA'.AltflS It Is the intention of the War Depaitmtut to go to extreme means to prevent disease 1n camps thtoiiRbout the countty, as a lepe tltlon of the terrlfjhiR Experiences ot 1J9S must be avoided nt nil rnta i'nt,.ni i.-ii. Is toutliiR the South, Inspecting all camps. Trom Camp Hancock he goes to Annlston, Ala., tn Inspect tho camp where tho New Jersey. Delaware and Mnrvlam troops will concentrate!. Colonel Klsher louicd the ramp with Lieutenant Colonel W J. CmnU. ' ston, division surgeon, and Lieutenant Col onel Keller. In Riving Camp Hancock a clean bill of health ho re-echoed tho opinion which has been expressed hero by all otllcets and en listed men slmo tho first unit anlved, and It Is not overstating tlio facta to say that u more contented, better satisfied body of men never was collected in an nrmy ttatlon. The food Is good, the climate Is favorable, becauso there Is no humidity: the nights are cool and tho sand does not bother tho boys who served nt the border With the exception of a tew scattered can" of Ivv or oak poisoning, thero has not been a cns of Illness reported. General Clement and his staff will take up ipiatters in tho field probably tomorrow. energy arid 'atabllltr 'otSpnr'&Vs are standing tho strain well! they Vwj serving the honor una trndltloniJ.of syivnnia in every respect, but' they do forward to diversion and news of tho at home. Tho arrival ot the moll ls!j event and tlio receipt ,of ft letter or pJ ngo something to think, about and J about tor tha rest of tho day. Bo It Is u l'ennsylvanlons to get busy with pons ii pencils and let the boys know what Is i on. Tho Oi'ovonrmentAvllf take care of ti health, their clothing and their phyaUaf condition. They want nothing except delicacies as friends can send them nni occasional letter, telegram, book or oaMtfT .1 , 1 i . v. rt W"i remembrance. Jr ill P V H m I III It II k. r m I ik i-uT ij Hi in . I 1 " -&k Hi ' VLm .- 'Si t-iti Mineral Flooring ; Attiactlve In appearance, eanltary.ii durable, fire, vermin anil ilampil Inoof, vlastto to the tread and ill- ' most tiolsoles.i It is the Ideal floor-il lug for kitchen, bath, store, cafe, i! icMjuiraiu. ncorenousc, IHispitnl or factory, Kasy to clean, as base board and floor are one continuous! line Kconomlcal to Install. Write J fur full particulars nnd prices. ' i Phila. Mineral Flooring Co.; 5632 Summer St. t 1 vl . r- .-.. . 9 l. laa m J,'Wj : VM i mi , m II I II " ' y II j I MERSHON PATENT 91 . i SHAKING GRATE WORKS I "j I 147 North 3d Street HA ifl llllll l'hllsUWnhta Rl M H 1'hone Market 3SS I 72: 111 w H f I 1 i ; y Hide by himself when the car cuno alonr "" w."rk '",!,VK rushed on division head . i nil ii fill u Vnfll iieflmi IIiImA.. . .. ... LONDON STOCK MARKET Business Is Not Large American Railway Shares Record Small Declines LONDON, Aug. IS. Iluslness was of a holiday character on the Stock Kxchange today, trading being narrow and profes sional. Some restriction was caused by a gale, which Interrupted telegraph nnd tele phone service. Gllt-editd securities wero neglected, ap parently because of the prepaartlons foi nnother early colonial loan flotation, but a linn tone was maintained, Home rails were idle and wvaker Nominal recessions wero recorded In American railway shares nnd trading In Canadian Pacifies were quiet. Put chases ot Mexican securities continued, however, and the Argentine rails were firm. There was comparative easiness in Hus Blan bonds, but a cheerful feeling prevailed Jn tho market for Issues of tho other alin-U countries. Refined SufJ'ir Lower NEW YORK, Aug. IK. Arbucklo Broth ers have reduced their prices for hard sugars fifty points to tho 8.50c basis for flno granulated. The Federal and Warner Sugar Ilefinlng companlos havo le.cnterid thn market on tho above basis. All local reHners aro now quoting 8,G0o except tho American Sugar Heflnlng Company, which continues to quote nt 8.10c. Tho last Bale ill spot Cuban raws was at 7.10c. DIVIDENDS DECLARED Kennecntt Copper Corporation, usual quir terly of (1.50 u ulinre. payaLlo Heptember I'D to moiW f record sjeplemlier 7 Hool clone Hep tel.er 7 and reopen Senlelier 1. Munkogeo (las snil lileetrle. ieulir quarterly of 1 per cent on ll preferred tr.ik. paabio Oevuinbr IS to tock of record Auitmt III. Wolverine Copper Mlnlnc Company nenil annual of til. payable October 1 to holders of record Heptember H Hlx months aso t" per share wan dlfbumed .... Mnckay Coiniwny, ueual quarterly of 1 per rent on tha preferred and IV. per cent on the. common, payable October 1 to holders of record September S. . Chicago and Northwestern Hallway, resular quarterly of U per cent on the preferred and IK per cont on the common stocks, payabla October 1 to atoek of record September 7. I'ettlbono-Mulllken Company, resular quarterly of IK per cent on both the first and second preferred stocks, payable October 1 lo stock of record Heptember -0 New York Kdlson Company, regular quarterly of 1 per cent, payable September 14. TOO J.ATK FOB CLASSIFICATION DIIATIIH CArtFAONO, Auc 27, HALVATORK ('AH PAONO. husband of Jean Carfatnu and on of llennaro Carfasno. formerly of 922 Havlll ave., Kddystone, Pa., aced 3,'. Itelatlves and friends Invited to funeral, Thurs . HulO a. m from his father's residence. X203 (lerrllt at. Solemn requiem mass. St. Iltta'a Church, 10 a. m. Int. Holy Cross Cem. 1MCIMRDS. Auv3R. MATtT JANE UIC1I ARDS. and 88. lUtatlvea and friends Invited to funeral services. Prl.. 2 n. m.. at lfio W, Jefferson st, Int. private, Mt. Hop Cem, HUVTir. Auir. 2T.. ESTUKIt. ttaushter of Jamea C. and Ksther If. Bmythcaied 16.. Uala. and irlnoa.'ivK !?;"("' r"3S 1.(1 rV.aliJB 1. 1H. ..-L.. y&t Cs5E''''.i. ft wrff 'f, He ran across tho road, it wa.s saliL evi dently with the Intention of getting on the north side of the Iracl-s In board tho car which was traveling at a lively clip. Ho was stuck and hurled n consldeinhln dis tance Into a Held. There were a number of soldleis In tho car and they ran Into the Held and brought their comrade, back to tho load. Wallace ICellcr, of this city, then drove up In a touring car. The Injured man was pUced In tho machine nnd a record tilp to the Allentown Hospital was made. Itrovvn Is about twont-two years of age His paients at Washington -ncio notified of the ucclddit ALL HUSTLE AND HURRY AT MOUNT GRETNA CAMP Men Go to Work With Enthusiasm When Welcome Orders to Go South Are Received MT. OUCTVA. P.i. Aug. 28. All was bustle and buiry bete today In tho camp of tho ammunition train outfit, which Is under onlers to movo southward to tho Pennsylvania Division Camp at Augusta. On. Willi tho receipt of thn ordeis by Colonel H. S. Williams at headquarters tho word tvent out to piep'iro to break camp and tho men, who havo spent moro than a month hero awaiting tho welcome news, went to work with a will, i qulpment I was quickly prepared for loading on tho ' cars and only the tents remain standing . It wa.s Indicated this morning that tlio rail- I roads would havo tho necessary cars at camp by C n clock this evening la tho event of tho Issuo of orders to do so. With the departure of the ammunition train unit there will tem.ii'i In camp hrro tho two military pollco companies, Phila delphia and Pittsburgh, and Kleld Hospi tal Company, Xo. I, Pittsburgh. The ammunition train Is made up of twelve companies of fifty-five, men acli. stationed as follows- Shaniokln, Lebanon. .Sellnssrovc, Jlarrlsburg, West Chester, WlUIamsport, Carlisle, Allentown, -; Philadelphia, 3. "- V..'J'I feleiIIWtMUtUr. .'.VJ ' ' H lu.im-i-i. icsieruay wnrty men were as signed irom each unit to assist In constru Hon work and this program -lll be followed umu me jod oi muiuing Camp Hancock Is completed. The nnl." fcaturo which bothers the of ficers Is lack of amusement for the men. Thero aro but u few motlon-plcture houses In Augusta, nono of which will be able to accommodate tho demands which the main body of tho division will mako upon them when It arrives here. If there is any worker In the world who demands amuse ment during his leisure hours It Is the sol dier, especially a member of tho Stato troops, and to meet this demand not only such organizations ns tho Knights of Co lumbus and the Y. M. C. A., hut tho men of the various units ns well uh doing evcr thing posslblo to get amusement schedules framed and In operation. Thus, the motor-supply train, a new organisation, has oiganlzed a minstrel troupe, which is rehcaising dally. LOOK Fort 5IAH. FROM IIOMI2 ' If parents, friends and sweethearts knew how eagerly tho bdys In tho Held watch for mail, letters would c. -no hero by thous ands It Is n dull, routine llfo these boys are leading, a llfo which would tax tho "SlfesiP' .' Si .11 aX-.-aaJM &Vv$v).svr t HEAT THE HOUSEJ J'llOM ONE REGISTER The Keystone Plpelesa Furnace per-,, fectly meets the demand for clean,',; comfortable, economical heating In homes In which the ordinary type of J heater cannot bo installed J no ri,ui:4 no pipes i NO WASTH IIHAT A alnglo register indhites all the heat neceseary to warm nil the rooms andT at the same time prov'dns n cold nlr! Inlet. Inuring a continual clrculn-J tlon of freih air throughout the house. which means even temperaturo nnd good ventilation. J I'.hkIIv Initialled nt email expense . without tearing up the walls. Write for booklet. J Keystone Supply & Mfg. Co. I'lumlilne mid llrnt'ne Mntrrlals 917-10 N. MNTII .ST. J Prisoner Wants to Enter Army LANCASTnil. Pa.. Aug. 28 John Page Neln, of Halnbrldge, convicted of man slaughter and bervlng a sentenco in the county prlhon, was brought befnro Draft Hoard No. 1, of which Sheriff C. O. Oarber Is a member. He passed tho physical ex nmlnatlon und expressed readiness to enter tho nrmy The eniso is up to District At torney nernthclsel, who Is on General Clement's staff. PURE FRESH PAINT Believe Me m Kuehnle painting reflects the skill of master crafts pen. Every Kuehnle job is highly distinctive in appearance and quality. Get our tttimate no obligation Kuehnle PAINTER 2MMsMi, sxr-htx 1 ' f .til i - ' " ' jf'M- y 1,500,000 Americans Answer Call to Colors TVTEVER before has the United States ' rallied so many men to the StariJ and Stripes for military service in such a short period as at the present time. Charles W. Duke has written, an important article for Sunday's Public Ledger, in which he tells how Uncle r Sam's defense forces have grown since ' war was declared last April: Read it ih' . Z r v , m - &. ,1 SUNDAY'S PUBLIC igM LEDGERS i ,!-? tiSti JvL MirZVj!Jltftf2i. el!Mkl;1 wTti''
Significant historical Pennsylvania newspapers