WTwf&fw&Tf trrvr. lA KAN' CAT TRUST k B.t-a"1 'VK X , 6V:A nw , ' -' CERTIFICATES SOUTHERN PACIFIC COMPANY EQUIPMLNT 4t, BALTIMORE AND OHIOv RAILROAD EQUIPMENT 4ft CHESAPEAKE AND OHIO RAILWAY EQUIPMENT 4j5 REILLY, BROCK & CO. n.NKi;ns 306 CHESTNUT ST. niit..vi)j:LrniA fW" I l I 01 .fa iv-. Hy-T . 'V 1 bssi Ul. fiNMffli: 'ifflmOT WycMk anb pHimfiELPHiA stock vTi QtfO WALL STREET-DECLINES TO BUY STOCKS AND BEAR GROUP EASILY HITS PRICES Disposition Becomes General to Wait Until New Govern ment Loan Is Floated Before Doing Anything. United States Steel Takes Big Drop High Points in Today'R Financial Neici t'all street declined to bug stocks and bears easily forced prices down. Indications were that 110 buying would occur until new Government loan is floated. Curb prices were lower. Grain higher. Cotton declined after being strong. Iluexian rubles dropped to new low records, then advanced. Subma rine boat Company directors voted to pass, dividend because of need of work ing capital to jxll big orders. Anthracite coal shipments hi August were much greater than il the same month last year, liar silver unchanged. I V :?" ft '3 liovrrnniciu and Municipal UWK hli m if i Canadian tent and I Bonds Yield 5 to ti'z'v I'linripal and interest raynble in New York S'lHt far fii, ,hir I (l Wood, Gundy & Co. 14 Wall St.. New York Toronto Montreal London imnTmmTTTTTCJ is .? IRV. "The Seaboard" The Seaboard Air Line Rail way system extends through the most thriving and pro gressive parts of the South. It is keeping abreast of the growth of its territory. To snow the progress of this Railway we have pre pared a pamphlet dealing with Grow lli of Earning Power Maintenance of Property Financial History Management, etc. A copy of thla booklet PK-13T will he furnished upon reque&t TheNationalCity Company 1421 Chestnut St., Philadelphia New York Ctiicaso Pan Francisco Boston Pittsburgh Before purchasing oil securities it will pa you to investigate BARNETT OIL & GAS Illustrated booh and special letter IjB-1 on request. E. H. CLARKE Morton R. Alexander Olealdenx Partner) ritone 1140 Spruce SloeU Eiohante Bide. Ptalla,, J'a 37 William St. New fork Newark Cnicato Indianapolis KBU' YORK, Kept. 12. Tlieieweie man;. Indications In today's stock mnilset that the disposition had become general to buy nothing until the new Government Issue Is Nuecetsfully floated. Apparently Institutions and llnnnclei'H have adopted the policy of abandoning: n.11 other lnvestmentM and reducing lines of other iiecurltles In order In bo uble to participate to as large nn extent as possible In the coming bond xubseilptlnn. This left the maiket almost wholly one-sided, with many desiring to soil nnd few willing to buy. A group of room tr.ideis took advantage of these conditions und olTeied unpiotecti'd stocks at lowoilug prices at frequent Intervals, further diminish ing thu buying power, and It required only a moderate amount of actual stoel. to enus.n severe 'oases In Issuts- (hut had been tegarded tm gilt-edged Investments Tnlted Stntcs ytcel common Indicated tho general movement of prices throughout the da;.. Thut market leader, after celling at 109V4. declined to 103, nnd then tallied to nbovo 10(1. Many other stocks showed losses of 5 iinlnlM or mote, nnd decline." of mound " points were too numerous to mention In detail. Delay, ,tio and Hudson was lommented on because of Its; fall of ' points to 0.". the lowest price nt which It old lnce It has been on the dividend-paying ll--t. Tncie was yenei.il seeking for Information about Russian and Wiwh inston developments bv the Hading clement that had a vaguo Idea that the i-elllng was due to tnmo event fiom either of those (pint tent. The declaration of martial law In .Moscow may have been un Indirect influence In causing some selling, especially In view of the fact that the break Jn rublo exchange to 11 cents and the continued decline in iMminn 'efntttte'1 n hare Itnpnlred re sources of some Institutions NEW YORK STOCK SALES ' " N't chee. 1 New York Bond Sales , 136500 Aneto-French 6s...., 4UUi Am )IM- and l s. 1UUUU Am For Heo 5a.... 2touo Am Rmet and lief 5a suuu Ala Tel cit 4. lllrh Vl't . J Illl 5t l 21IIIH) Alh Tel ...... ..VI.. Iti'KI Am Tl cvt 4H.'.... T!l ic'i nsii liui Inn no', ?)- . ci;i r.llllO Am Wr I'.n An. oi Armour Co ie.. lsuuo Atchtnon Ken 4n... lonti Unit and uiilo .Tir innu do .", lTOl'O Oo CV 4H 3 tlt'UiJ Ukljn llap T Hi 01b 'Ji eol4 ., '"' "I ! .Mil"?!" US t'2 M 81 M ?,, 1IIUII llnr.ln IN (I3H HHN "J miiiu Can Uou (is l&si... 5, J )'.! 1UV0 do rts 1IMI Ma JJJ t-Jfj l'mtt Cent leather tat 8. ' t'j' "S a Sun Cent t'acllt.1 SWa.. ...,. ,''., ,K (. fcuuu Cent Js Jl N j dn....lUUt lW'i ! liiuu une im iihin n. .mil jvv.. v. w'iu ao conv .ii;i t;ni ut loiwij com Prod Ci ats. n I4iw O U and Q It t 5 40it do 111 4n.. H 10'jit Ch M SI r een 4a sis 8S lUHMi do conv D 1' I'lix) do cv tir "57 2IMKI io can 4'4n f'H I ww Chi It I nnd i rfd 4a. 'i IDOD DOC nnd tftt. cn 4a ,, WWO Col Industrial 0 7JJ4 aiDUU Col and Ho lat 4i.. 81 S BSOrw city of. 1'arls in.... at SV'i Con ttis conv a....l!l .icon rl and tlud con Co.. 94 ItwtHi Den and nto O 4a.. 7t'a li'100 Dlpfeo Corn 5a,... 71 w Kria conv 4s Per A.. (".. 11"J do Her It 4'1U 4 31(iim I'rem-h llepuh 6h.. VU . J 000 lii Kiou deb Sa 1 1 il hn Alaska Uold Mines I :t'v Alaska Juneau .. -'i Vh Allis-Chalmers To. 'J4 :.! do prcf ... . Hl: MP, Am Attr i'liem I1'4 84i do pref fla 97! Am Iteet Sug.tr 6U Am Can . . . isi ;tO( do p:ef . . .108z 108 Am Oar and l'dij :i 70i do jiref . . .. IIS Am Xnt fori). Sft'u Am Cotton Oil. 31 'a Am Hide and l.ea 1'! 6.W.larkgo. BANKERS (Catabllabed U37) 321 Chestnut Street Philadelphia do prcf Am tee See pf Am I.lnseeil do ptef Am f.oco Am Malt do pref . Am Smelting do pr A . . Am Sunl Toll Am Steel 1'Mrj . Am Sugar . . . Am Tel & Tel . Am Tobacco . Am Wool . do pref . . . . Am Zlne & Lend Anaconda . Atchlron . . . do prcf Att Gulf & TV I do pref . . . Bald Loco Co . Halt & Ohlu do pref . . Barrett Co . . . Hatopllas Mill Beth Steel do U .. . Burns Brow Butte & Sup Cop t'al Petro . do pref . . Canadian Pac Cat Packing . Centiftl Leatliei do pr Cerro de I'aHco . Chandler Motor. Chcba & Ohio . . Chicago Gr Wert do pr Chi, 51 i. St P do pr Chicago J: X W do pr Chi, P. I - l'ao to do C p c pr tc do 7 p e pr te Chili Coppel Chlno Con Cop Co 1'uel & Iron Col l!an A Ulee Cottsol ila- Corn Iroduet do ptef Crucible btcel oo pres Cuba Cane fcug.n Del & Iluilt-oii . . , D I. & V". . Denver & II G do pref . Dome Klines Distillers Secur Erie .... do 1st ptef do 2d pref i:ik Horn Kuel Gaston Williams. Gen UleC Co General 5Iotors. do pref Goodrich B V Grant))' 5tlnlng ill 111'i v: :lt sitj 49U i 'o.e I'u 4 - U iU ' U .'It 1. HPi :. 9 'j 8 1 to ;; 108 i 7li -n; lllti i 5-J1 1 ! :tl lt'i U SH 'JWj 49,i '.' i .a HI 13 til 9', 47i 06 ltJii 17 97 175, 7-.' All 61! 1 94 94.i 43i 6.1",i ' 109 : 39 i 12 r.s 9:ii Wa !5Vi 3l 109 ll.-i 114 HS'i J9S 190 190' x 10 07 17! j flU 93?i 93 91 ."!) 3d fi.77. 116.. 9i I It. l'i. 97 39 i-i; 117 90 l'.i 16 97 I7i; U9 'I 9 97 91 59 4i 1 t '"i Hi lor.vi lo.i luiVj too'; IHHj 43i 1.10 40l4 8;i 10H4 331 "6 37 9',t i'if, :: 1044 101 nt U") lrti't 44i l.i 40-4 X0) 108'i SiVj (,3J. :; BBTh 1J 89 Hi I .i 103 SVl 10l, IS, 9J "9 'A I1IV2 'i UYe 1 134,J li 4IH4 IJ Hl'.l 1 KI8i .?4 7H ij 36 39T. 39i iii-t 39 104?4 104i ioata iojt 141 )i l"") 144 8B-J4 34T "!3 HS?. I?1k 17 31V.- 33"., 13V.- 43K- 39 381 I0j-j 100 !6'4 33? 93'ii B7', 98 30'i 98 'j 07 -1 96 70T. 98 S3i 100 18.', 23W 1A SIVj ia 63 i 17 - Vj 53t; . 43'n l!i 38", a-, 1111 1 :4. m 7 "A 8'i Hi 98 -3 3HS 97i S 195 HlKll. Mli 81 1 1H T.ol- 39; 79'1 0 17 ; Kcutiecolt 1 :op Lack Steel .. Lehigh Valley . Lea Bub & The I'lKbCt & Mjcpj Tobacco rights. ; do pr tut: 107 Louis & XttMi ..119Vu IBMi Max Jlotor sou- "S'.i do 1st pref. . . . 4 H.'i'i do 2d pref .... 18 18 Mek Petrol 9l?i 87U do ptef 93 93 51lami Con Copper 35"., 33 Minn & St I4 new. 13 13 51 S P & S St 51.. ln'a 9 511dvale 33 3J 5Io Kan & Tex... 4?; 4iL. do prcf I01i 10i Missouri Pacific... 38 38 -fi do ctfs 30 4n, 5Iont Power ... 80 so Vat Acme 33 33TJ, Nut Con Cable . . 30.j 39j National Biscuit 10.' 103 Xat Knam & Stpd :i8,a ::7i National Lend ... .71 31 Novada Con Cop 33i 32'; X V Air Brake . 120i, 118 New Yolk Cent. . 77'i 78' N V X 11 & II . . 34 ii'-i Xorf & West... 113U Northern Parlfle. 100 Xova Scotia Steel. 96' 4 i'lo 30i 80 ')'; i:' :n; Ohio Gas 19", Ontario Sllcf ' Ohio Pud . inn Pacific Stall 3G; I'enna II P. . 31". Pco Gas & f . ' I'hlia Co ... 34 V CC & St L 70'4 Pitts West .. . 3'4 Pitts Coal ctf-t . 31 fierce-Arrow . . 38 Pressed Steel Cur. 03V--Pullman Pal Ca . .i::ob Quicksilver pref. . I', By Steel Spiing. 47'i Hay Con Copper ".em Heading .... 83 s; Pep I & S 81' j Royal Duli-'i 7'4 St LSI". . 13 St I & Soutltwesl 38't Seaboard A L . 1 1 ' 1 Sears Roebuck. 133 Southern -Pacifl. 91; Southern 11 II . 37 do prcf . . . 39 Vi Sinclair Oil 38 Studebaker 43'S, Sup Steel . . 4o4 1 Stutz 5Iotor.s . 3!i". Tenti Cop A: Cli w 1 1 Texas Company . . ICO1-. 183 Tobacco Troducts. 73 681, Underwood Type.. 101U 99 I'n Bag'fi I' new. 74 74 is 10 2b' 31 304 I2?i 9a S8i :o; 30 U 33', 33 SSi's 13 s 26 i 30i 10 U 2.1'i 36 38'.: ' '1 -l'i 1354 137 88'i 00 10 i 80 Va 43'.i 43U 79 'i -l'i 1 Suggestions How toInvest Send fer Circular L 143 vh eA. Bf LEACH & CC. H ... tie 0-...1. 1.1. cia ty , 0""t SiMt ai. W aWacTay er acooowtawtb rri g!1 Aewontanta JWN t. CO. T Jiyir, 38 I381: 91 83 44?, 79'.i Great Northern pf.l03"i 103Vi 10J',i Hi do Ore subs ... 33 334 nt'i 1 Greene Can Cop. . . 40 40 40 .. Gulf Stato Steel 101-j 100 100 1 do 1st pref . . . 103 103 105 3 Illinois Cential 101 9i 100 2 Int Agricul pref. . . 43 43 43 3 Inepiratlott uopper at-'H S3 o4, 1 Interbor-Cons Cor. 85, 8 s n do pref 33 SJ S3 1 Int Har N J pf. . 11314 11114 "Hi i Int 5Ier 5(arine.. 38ti 36i 27"i l"i do pref 87M 85 8394 li Intem'l Paper . 31 Int Nickel 3Si Kansas City South 19 do pr r.o Kelly Springfield . 43 29T4 S9T4 Ti S0?i 8H4 3i lVi 18V4 ?4 no r0 1', 4S 43 VI 112 98-i; 18 C'4 is'.; 38 'i 31 68 i 34 70 34; i7; 38 81 139 Hi 47 38 78",, 7H !'. 15 28 's 11 150 90 33 38; 3l 43"! 40 39 'j 15 10U 110'it 30'.. ot ; 18 ; 88 ! 93 1 an 1 13 Si 96 4 5 2n4 - r,it 4" Mi 111 . . 36 I', BO 80 ; 1 33t; -i 39j '... 103 -J 2 38 J ' i 51 I 331; V 118 Hi 7',i 'i 23 ' ?; 112 3 98 1 9 1 18 'i . 484 U 3C; . 31H K l 34 Vb 70 34n; U 18 2'i .".8 li 61 lj 130 Hi m; -1- 'i 47 itOOt) 111 Stcl dcD 4'a 1L") Indiana Htcel Da 1SO0O Interb Met 4lae 17001) Interb 11 T rcf 3 . 1009 Inter Acr C lOOoo Japan Knit Hta 44 ' a0O do nev s a 4 Via... 6000 I.acltK Ht'el 5a 1928 LUOII do Oa 11150 ;!iiiki T.tito r"hor K'n 3'ia I'Otm do dh 4s 1028 HOOD Lorllliird nn . noon l.otil" A Naah I".. . 13873(H) l.lb ll'jnds w 1 :t'.2 l'")'i l.jais is 11109 .Mar-lltcs t,!" .... 10U0II .Manhattan ta 4. 80"ii Met 1I .1 It'tm .to Kan I T lat ). ".000 do fin lOO'ltl .Mt West of fill r,'. 20010(1 .,j Pat nm l inmi do i. lnod .Molitum I'ih er " IO01K1 .Ne, ilr Te" i. J!s L'09 u 'lb- ".. Umsiii N ' II d lU'n) iU la tuoo N V C t'is N r.""7., 10"(i N Y !fH il 4- I" 8. . 31:00 N Y 'int t V let I"., town N )' Tel Ren 4V4a lonii Xorf Wi't tons 4s 12U0O Nor Pac bcii 4 . . . 1000 do rc 4s . ... Htiot) do n "a . ti no Oro Shor' I. 1st OS . . looo do ."s 22()Ol )Vnn,t.''ll ct 4'ie 200,1 iio tn 4'an )".C00 I"er Marqu'tto 3a. 2-1009 l'.etiuh I'Uli S 1914 . . . IHOO do ,-.s 1004 ... 130011 St I. a- S I' Hit I'dtiOfl ,10 Vet A . . . I'DOtl do Her 11 1009 .Sealioml A L AdJ 3" . . 2'lflO South 11-11 .",s, HtilMi south P.m 4s 2100O do nt -ts 2JO0) do ivt Cs IKIOcl do rfd 4 Sisuini South lty B'ti 1.. . III1IO .io os K'tiOfi Texas (Jo t.s. . fi(HH) ToVIo T, l'KlOO t' H r.uhher . 2000 V H Itenltv 5".. . . IIM'iiO I' H Steel s t B 10000 Union pic 1st 4s... r.onn do cvt la 1100O I'n r.wsa of St I. 4 s(ii)0 I" K of CS It I 6s. 30001) do filis 1918 .... 2S20OO do .-iWs 19111 . w Efcooo do 5V.s 101P n SilOOll do 5Vss 1921 . 4000 Vu P.wa ." . . 2000 Weat Std let 4s. looo Wet Shora 4 . . . 1000 Wlsion cent Ken 4s. . ana unto os,.ji" ';. . -it :onv 6a B3i 8HJ S3. t ve ;; eg ."i'fa Prod 5a .'Its. 97j JS 97JJ .n.l t 4 I. HM5 tS 1)05 BS't (i'i br, MVt D 77V4 Kl tcjja ltl4' lit 71 71 Oil 4!)'i IM1. lOO'a 81'i 84 84 a ,100 1011 I"".. . iio-i no's 69; . 8s'a ' os'i 9Ja 88H l3 M'.i 1 19 (14 77i J;.1.' loi'a lit 71 74 4'JU Sales in Philadelphia W Ut)'. i7( r, y.t. m-i as 17 07U HO'. 57'i 10(1 J 1'. ri4. i'f ys's s.-t mill H7HI 07 4 lt S4 S3', 84 89 104 lfll'i P2a tdl Kl D'l'i tiB5 III r.oii 78' 7btj 1)7a 97 78 t"0 97. Iii'a 81 f i 97 (a HO 7D .104 07. 99.90 im.80 Dit.Vt) H.'i'i t'S". t'l'a !ia4 HI'a till'. 89 P7(. 90 30. 1011 flt'i 34'a tl'' !H't ,S'I 11)11 Wn Hl4 S4 81 81 xs 104 101) 101 S3; tic 94 5Sr. 78 52 ft l)34 J'l'i lit! Il7"i un 57 1IHI ii'; 54". !'"l4 !' 8't lul'i 7'-j )I7'j 01' M 89 101 101'i !2S 10'. s-i (HI1. HP, il-l'a 59 21.. ' m;,4 . n.v, . S4 . dirtt . 95V. ,101'4 lot'. 101'J 7S1, 9', SI 1171, 2J-. 771 78'. 93 84 'it 91V 79 SJlJ 51 14 104 SftVi S7',a 59 97Vi 9a 941). 1'0'i 9!!'p ftl5 1,0 S2'. 71 TO S3a r.ij 103a SO1.. 87a 59 97; n'j 9114 fllt'i 9.IU 941,0 iir.e, 2 .' ft 8.1'i 31'4 K!li 59 974 tin'. 94. 99Vi O.li. 9IW 71 I tilth. 31 Am Gns....l03t4 12 Am Milling-. 9 ',4 a Am llys pf. 00 100 Beth Kttel 11.102 30 Bald Loco.. 06V4 185 L'lec Stor . . 074 200 Del & Hud.. fl( 6 den Aepli pf 59 1 Ot North pf . 103 Ins Co X A. . . 2U I.k Sup Corp 16 ISLehlBh Xav. 75 76 Lehigh Val.. 6 Hi Mlnehlll lOMIdvale .... S3 15 X YXH.III 23 IS X'orth Penna 00 llDJPenna. 11 It 53 Penna Salt. . . 20PhlIa Co pf .16 SSPhlla Kite 2874 930 P R T tr efs flOVi 8 Reading Tr 27. 22S Reading ,,,63 ISo Pacific .91 4S0Tonopah Bel 4;; looTonopah 5IIn 6 254 Union Trao. -44 786U Q I .. . 77 10040 U S Steel ..108 Warw I & S . . 2(1 York Ry f . 36V4 tQuotatlon glicn Is y N'rt larr. Close, thte. 101 103 . . .. 90 90 103Vi 103',i "a B8V4 n14 1" 61 98 103 3 1 1 11 Vj .77 4 "! 96 36 103 35 16 16 60V 60 ' .. t S3 S3 23 23 i oo no Sl',i S9a V 38 38 2874 ! no " 37 79 Mi 01 "'- 4 ' 6 28T4 30 27 70 91 4 U 41 44 77 '.1 77 105 106 " n 3UVi 36Vi csterdny's close. ."lotal aalee, 15,070 aliurea, compared J1M "JiS aharea J-Mterdwi Kins fur this week, 30,11. ahurrai aame period last week, 10,011 anares. ItONI)' N't II lah. tJrr. Close, (.hue. 19800 Lib Bond vr t 90.80, 99.70 (19.80 .60 ninol'hlla Klec 1st 5s . 100 96 loo 'A 'lolul aales. JI,900, lompnrrd wttli 451.430 .sesterdaM lhu far llila week, S139,7o0i same period last neelt, .S03.85O. Locul Hid and Asked Business was without, feature on the Philadelphia Stock r.Tcliango during the firrt, half of tho day, but around midday tlio market 1 ecamo much broader nnd the day ended with transactions In a greater number of Ismiep than had been recorded for several wcekn. With few exceptions, howaver, the Miles were not largo for any one f-tock, nnd the luigext turnover was In Steel common, which developed severo weak, ness by mldafternoon. At that time It was down to IO."';, a loas of Sa polntr from yesterday's close, nfter It had sold up to 108 Ti In tho fotcnoon, Nearly eierythlng traded In l cached lower levels, but the fact that there were no heavy transactions in any one Issue made the losses generally without Importance. Rall roRd shares, with tho exception nf Xew Haven, nhleh scoied a gain of 'i. weio lower. Pennsylvania was off , Leldglt Valley 'J and Reading dropped moro than LOCAL MARKET BECOMES BROADER. . WITH PRICES GENERALLY LOWE "" . . . . T-x.-ii. i rni.n.i ,' C..n.... i st . More issues Are uqhix- m ximu m oeverai weeks Statfl ,4i. i t t,.i.. rnu,. Ti..i .?' MOSC ACtlVe ailU JUOSea iicaii,y iiucu jruints Kail, fl roaas ana napiu xj.-ui.aib ueciine i 3 nnlnts. I)aIiiu'hia h.i ...j a. em PnAlc were oft a trifle" a'" & Itapld Transit truM cert'lncala. - R active, but lost three-fourths to , Philadelphia Traction dronBed Ji' J point. Union Traction w2 ?? 5 Baldwin locomotive. Lake Stmerioe11 intlon und Philadelphia KleetHi Corr llltle. lower. Tonopah Belmont ft." Steel "11" ami Atuctlcan RaUwaj. 'proicment, which was dealt In mor! 1l than In recent weeks, gained a m,,tr 19. .w .few. w .titj UIUC. Liberty Ioan Bondn occupied mn.i t attention of tho bond dlvsi man8i selling as low as !D.71. adianced to f?n The I'llhlln ervln r'. ..V1 l0 "!. '! sylvanla has granted the Duquesn. itS' Company, of Pittsburgh, a subsldl.i,111-"l"I'li",1-c,li:,.,'a t-'omp. .. pcrmi, J is-iuo , .,!,.,... securities to tirnt-M. . existing obligations, extensions, tl 'j'' b I MAJORITY OF ACTIVE CURB ISSUES UNDER PRESSURE THROUGHOUT DAY Piimrip nf Siilif PnAfoii TliiP'inf. mrl T.olnii1 T.-,a " "- i'"w "--" v-.w.av. xmiuencea iMOtor stocKS Airpiane snares ana subma rine Boat Are Weak Atileitiaii St., It.ilduW . . Ilrlll JO. . lluiralo ft Hjit oo iin r Klrttrli Mi.r.tKe . General Asphalt do pref Kevitoni Telephone do tr cats . . I.alio Superior Cotp I.ehlch avlKat!on . l."h!h Vatloy Pennejlvanla . l'hllx i:iectrlc . 1'hlla CoiniMnv do 5 tier tent pre!" do ft rer cent pref I'hlia It T tr ctfB. Keadlnir Tonopuh Iteltnont Tonopah Mliilnir . tfnloif Traction .. I'nltcd (lag Iuip'nt t'nllod States St'el York Hallway . . . do pref Wm Cr.imp 4 Sons II.. i An. Ifs. V-slerday !,.l Aek .tr, r.'itt rat r.j is is 17 fis 11 12 or, its 1.V,. to 74.j 751, mi, oo', si. . r.i. 28 '. 29 ti.l' i :r, :to riV Jtl'i .'to 79'i 7!i' l4 l' .". o'a 44 44'I 109 ID . SO 1011 12 IK .19 ll'i ,7 Hl'j 74'a :;.. 2S. 34 32 , iiojj Mi. t . 0'i 4 l'i "S lOol. 12 n; 2d i.s 19". a 52 '.'9 itr. :i7 30'. Ht'-a 4'i 1,1, 4'i 77'a 10!iit 14 37 "9 Pf'SSUti" all through the day and there was general depression in miukct value?, Inn?' Industrials which had for so long n timo been speculative ftivorltcs. Special LntlU H'AI n fl..t.r,,r1 fr,l nvat'tlAu. (fl CttVIA frt,,r,u litrtra n.n .... ,.. ..,.. ,. .. .. ...,..., u t,.uu. mw.,vi nuo current of it between Durant and Leland In the General Motors nnd Chevrolet Codim beentisn of nrtivlties of the Leland Ititoi-estn In tlin imu- l.ttir-ntn . ... .. . ....,, yl uposniion, ml motor stocks generally weio Influenced by these statements. Chevrolet droimli from C" to C". und t'nlted 51otor sold down from lpi; to 1&. Russian bonds uere naturally Influenced by tho contest for control of tk. v Government, with tho 6Js falling to 74, and the RVSs t-old from 68 dotrat 68 down ti 1NACTIVU 1'IIILA. STOCKS Following are quotations for Inactlva stocks listed on the Philadelphia Stoo kEx change and In which there were no trans actions today. Tho price given Is the last previous close lotul ale, $3,339,000, enmpareil wllh 3,5:7. 00i) jelerdi-i thus far this week. M0.O7l,toi: same lirrlnd last Meek, $3,840,000. I LOCAL .MIXING STOCKS l'ONOPAU STOCKS Alllanco Ina . . . ao prer .... Am uaa war., Atr.er Htorea . , Itald Loco .... 'drill .1 U nuff t Suan f r liurr i ,Susa pf i Rmnrm iron ... 4n Cambria Steel ...ir.r. i;aiawisa jst pr, r. uon Trao ?. J., Oen Aapl.alt . .. Kej ntona Tel '. . Kej Tel pref.... Lit Ilroa .. . 2.. Loll Yal Tr 27a do pref 48 Llttlo SehtulKlil.. r,t , Vorlh Tent ... . 70'i 2tHi I'enn Trattlo 24 r,K Willa Co 34 CO i'hlia Co pf . . "5 Un Cos or N ,1 .at" V Jer t H S 48a W N Y P 21 Wait Coal . . 75Vj Wm Cramp . SO York Hr)a 14 20 96 87',4 tii 71 20 llt-j 65 Ixi.Niiriaij . . (lL, MI?.paJi L'-ten-'lon, Montana North-rn Star . P.esi-j" Uula . IVest Tltid Hid .14 .10 .07 .2(1 .10 .is .09 OOLDPIELD STCKS lllue Bull 01 ltooth (It Comhlnatlon fraction . . . 03 nikmondilld II II 02 Daisy 02 Oro .01 Sandstorm Kendall ().' Silver PIUv us MISCELLANEOUS All.ona Vllit'il Xevad.1 Wonder Teenra Jllnlnc .2.1 IV, 1G 12 OS .... ii JO :i ol liC 04 ')!! 03 02 IM 10 ! i J Oj, 79 79 65'B 1.1 38'... 1 11 J IJ 130 Hi 90. - 58 38V.. 13 40 IIB'.a L.a i:i'.i "ii-1; 99 71 Union Pacific t29 138-7, 12 do prcf 77 77 77 United Alloy Sll.. 43 43 43 United Cigar Strs.131',4 117 118. United Paper Brd. 20 24 14 United Fruit .... 1364 136 130 United Rwy Inv. .7 7 7 U S C I P & V. . . 16 18 16 do pref 60 50 50 U S Ind Alcohol.. 131 138 139 U S Rubber . . 39 31 38 do tst pref. ....101 103 103 I S Sm & P.ef 60 58 384 4- Hi 1 'l-3 OS -Hil IB, 1 SECURITIES AT AL'CITO.N Seteral changes figured in prices of bank htoctcs today at tho weekly sales at auction by Haines & Loflund. The stock of the Fanners and .Mechanics' National Bank ad vanced 'J',4 to 1 4 3 " i . Philadelphia National Bank declined s'-S to 4C0,j, with tho Penn National Bank also Bhowlng a decline of 14ri to 3'J0"i, Share- of J B Stetfon ad lanced !i points to S35. STOCKS to siirs. PhlUdvlphl'i Traction -o i 3n ;i U S Steel . . do pref . Utah Copper . . Utah Sec Cotp . Va-Car Chem . Va Iron C & (' Wabash do ptef A . . do pref B . . . . Wells Fargo Et. West Union Tel. Westlnghoupe 5Ifg. 45 10!) 105 106 116 118 116 98 16 36 56 10 46 34 88 68 43 2' 54 98 16 37 56 10 47 26 66 89 1 4- 06 15 37 36 10 46 21 88 69 41 . S3 . 13 Woolworth Worth P & II. Wheel & L- K do ctfs 27 Wilson Co 60 White aiotors.... IB Willva-Overland .. 27 Kx dlvlaand Cuba Amr. Sujar, 2'i and 10 extrai do preferred, 1'.. Total fcalea. 812,000 eharn, romparetl wllh 3S2.80O shares aeaienlaxi thus far thla week 1,589,300 shareet tame period last week. 1.010 -900 shares. .119 119 119 -!-l 33 11 4 27 SOV'a 2 26 32 11 27 50 44 26 INACTIVE NEW YORK STOCKS Following oro quotations for Inactive Now York stocks and In which theie were no transactions today. The price given Is the last previous sale. 1? Mo Pan c of d f p 6H1 Hlesa-Sheff Its 4-: 4 Natl Cloak & Suit 73 Hloaa-Hhefr rref..' J?' Adama Eipreaa.,115 Advanca Runvelr. lln Adv Bumely pt. Jj AJax tlubher . . . . gj A B 8 to y ett..102 Arti etta pf ....! do pf .!'"".'1o5' Am Heat Sue pf. 91 Am Kipreaa 9 J Am lea Sao ..... lata Ara IcoPraf....lOS Am Hm t f....l084 Am Hmelt If . 0 Am Suiar pf 1 Am Sumatra pf.. JJ Am Tal & Cabla.. 69 aS BiT Od Pf. 2H Am 'ob pf naw.lOOia Am Writ .P Pf. SO Am Zinc A Lpf,. 6 Xw,pom.. w Aaao Oil 61. fhfntlo Coaat L.10J jlald Loco pf.... 9 Both Steal pref.. 102 ...!. n 9V.... fll1 uivu. -r -. fllll Oaa .,106 Cont Can nf ..102'4 -on int cat M n. 17'. Continental Ina., r.l'.i :una Am sue vl,"l Cuba-Am Suar.,170 Cuba Cn Sua? pf. 87 DUtA pref.. a Deere Co pref,... 1004 D L b v 164 Detroit Bdlaon.,,125 Bleo Stor Bat... esti "en CI- Storaa pf 98ta (loodrlch prat., ,,103 Ilartman Corp... 6 J Ilaakall t Darker 0(1 Havana Blec.,101 Homeataka Mln..l07ti tnt Ilarv Corp,,. T8i Int II nf X J. ...112 Int Nickel pref. ,.103 Int ran pf ata.. 80 Iowa Cant 41a do pref 101 Jew.l Tea 35 'j do praf i V8 Kaok A D M 4Vi lAciaaa uaa vj ,u , Natl Cloak A Suit 73 moae-Hhefr pref.. uu Nat CI A Suit pf.103 Standard Mill pf" 83 Nat Enam A fl pf Bt)i St L A Swn pF. . Jv Nat Lead pref... 108 Stand Mllin .'" ty Luufniv.. h. . sup mi lV'pr";,'",, Texas Pan. ."'MV Texas rta Jiniru av Pao., Nat nil Mex 2d pt 8 N O T A Ilex.. 25 N Y B A St la... 26 m v n a. -u'. lft' T- - " -- r.-- - z-.r .,,"! -?" .... N I I) I W Id PI OOii 'luewaier Oil ,.2o3 nn. 13 ltt 1 N Y Doek ...,v. llVa TPol?S';o.l''oducta.l0'' do praf ...... 40,, folSt I. Waat .. "it; Norf Weat nref . . 8111 T Ht L A W etel ,A'" An f.fm " V Norf Weat pref .Norr noutn,.. North Amarlcau Ohlq' Oaa. rta,,, Owens Dot , . . . Fan-Am Pet pf, do prior pf ct. Peoria A Halt. Para want ?4U 58 83 69'a 90 63 7i 16'i "i HrocK Un uaa . .oj un trie a weat 12' grown DH,B . . . . i... .uu. iri . .,:a utterlok ....... lOtt M A Myara Tob.200 Cal Patrol ...... 17., lajnaT Ial etfa pf,. 40. Cttt B Am Al... 11614 Looaa W Bla Co.. 18U Cent, fur io... 'o ioriuaro jr .....us Chi A Alton .... 11,, da praf . ; 11 da at 28U Maekay Cos 7 Cluatt-Paabody pf.110 Maekay Cos pf. . . 64 t;o A DOUin .... o; iar uv morca. iin do lat pt . ,.-. Sou Manhattan U.acli l no uo px ...... i.Ya eiair u.p ma pi.iu., do ctfa tZI.?. At.-..'.'". 80 Wn-cuy'VA"; JJ Un Clear S pf nj Untd Drue lt pf "i United Dyn Wood 68 unltea'Drue::::: V$ United Drue 2d "' 1X Un Itwys In pf ,, S, UnUae A Paper 10 H 5 " Pf.. 60 V 8 Kxpreaa .... i !H .Con TO K Ii A P.. 113 Manhattan E1V...1I3 'cAT r" .. Oa-.Ta J6W 'it' 3aA f . ',. S'wTti ."iTjl'f ', fi . y. . ! MArrltelf E'"" ? Seara R ixk!-: 1-M6a, - V"Wa Per Mara pr Bf 4W Pitts Coal pfd... 87 Pitts Coal pt ctfa.121.. Pitts Stl prat,,. 9ve do pref :6Vi ritts Waat pf... 60 Pierca-Arrow pf. 5 Prasd stl Car nf.lO'i , Qulckalher ...... IJa do pf ......... so nrauina aai ... ; la.W win,,, 8(1 Baadlne Si pf... OS). . do lat pf ,.... ai nep I A a prcr,.iui;, waat Maryland... it Ry 8tel pref.... . Weat Pao It R .. Hu Saxon Motor.... SXA do praf " Savage Arma,.., olV W'houso Mfe nf. 63 8 A I.tne pt,.... 26 Willi a.Orerl'd pf, u) rv ...vw v. ........ .. ,m ,,... .... Vf Koett'K pr.i;s a wuasn uo pt ,,102 IT IndAI pf.,104 U S Reallv rTm. 1 1i j e -" S" onra vi Arte .., 23"i Woolworth pf ..,12V !$??. "''JstL?.: 4AiMrte-i-- . 53 shrs. Ineuranie Co of North Atn'rka par J1C '-'3 4 shrs. Philadelphia. Hour, I'Oinmont pa) J30 la 3 ahr". PlillJdl9hlH lloutfe pref-rred pir 125 i'O'a ". hra. Clllott-l-'iahsi o. oiiimon: pat- $100 ... 12 396,379 stir" Ar'.auJ! A alley trrlsatlon Co.:p.r$l Lot f 10.000 8 shra, Parmera and decliar.Ua' National Hank; par 1100 145-j 2 ahrs. airard National Panic; par 1100. 385 2 ahrs. ntrard National Hank; par $100, 865 1 shr. Manayunk National Hank; par tlOO 328 5 ahrs. North P'nn Kan!,; par 1100.. 130 2 ahra. Philadelphia National Hunk: par 1100 400'! 0 ahra. Penn National Hank; pur S100., 320U 2 ahra. Third National Hank; par $100. 2504 8 ahrs. Third National Dank; par $100. 250 10 shra. Pennsylvania Co. for Insurances on LIes and Qrantlne Annuities, par 1100 710 2 ahrs. People's Trust Co.; par $50..., :13U 40 ahra. Weat End Trust Co.; par $100.. 174 5 shrs. Wcet End Trust Co.: par $100.. 171 9 shra. Fire Association of Philadelphia; par $50 307 S shrs. 1'lra Association at Philadelphia; par $50 307 I shr. Fire Association ot Philadelphia; par $60 307 1 shr. Fire Aaroclatlon of Philadelphia, par $50 307 100 shrs. People's National Fire Insurance Co.; par $25 18 5 ahra. Lfhtch Coal and Navigation Co , par $50 75 10 shrs. United New Jersey Railroad and Canal Co.; par $100 210 2 shra. John B. Stetson Co. common; par $100 835 1 ahr. John B, Stetson Co. common; par $100 831 30 ahra. John B. Stataon Co. common; par $100 335 13 shra. Olrard A'.enue Parmera' Market Cn! 201. 5 mcmberahlps I'hlia, Motor Speodway Association . . . . Lot $23 s snrs. znuaaeipnia jioursn common; par $50 6 shrs, II. K. Multord Co... 10 shrs. 11. K, Mulford Co... 10 shrs, II. K. Mulford Co 2 shrs. Pennsylvania Railroad Co., ' 37 shrs, Penneylvanladlallroud Co . BONDS $2000 City of Altoona, Pa,, 6 per cam Refunding-. Coupons January and July. Duo. 1080 2000 City of Altoona. Pa.. 4 per cant. Improvement. Coupons January and July. Due 1940 6500 Johnstown Traction Co.. 5 per cent. Klrst reTundlne morteaee. Cou pona January and July. Due 1943 1000 City 01 j-niiauoipnia. per cent.. ii. 5't n.-'i fll", .0615 nili 5t. 90 68 80 Interest January und Juh latered. Due 1944., Ree- 4000 Eaatern Petroleum Co.. 0 per cent. First morteaee, Coupona March and September. Due 1927 85 1000 North Sprlnelleld Water Co., 5 per icent. Flrat morteaee. Coupons xJanuary and July. Dual928.. 73 NEW YORK COFFEE MARKET NEW TORK. Sept. 12. The market for coffee futures opened at declines of 1 to 5 points. Trading on the call was fairly active, sales amounting to 6000 bags, ST. m sw.n trl.u ... -v. ,Jtrtr,. lLl.ll im,v VIOBfl 7.40 7.40 7.40 7.87 7.44 7.44 7.51 7.00 7.70 7.63 7.81 ?.7! T.0 7,83 7.88 ' nil r . September, November,, December. January,,. March May July.. " 8.00 8.05 7.99 7.99 S.10 8.18 f-3 99 8.H Paris Bourse Quiet elosa 7.45 7.61 7.70 7.78 7.02 8.01 8.21 pXRia, fcSept, 12.- Ii,4.v, VT i't rf '-',--W' ,i ...i .... r .-Miy". -The Bourie Has quiet MONEY-LENDING KATES N II1V YORK Money on call opened at 0 per cent, high E, low S, last 3, closed 3, ruling rate 1 per cent Rates for time loann of good mKed col lateral for slt.t and ninety days were CUiyCV.' per cent, and for four, five and six months they wero 5 5 3i per cent. Prime bank acceptances were for lnell glbles 4 ai iJ 1 per cent and for ellgiblcs 3S4 4 per cent PllILADKI.PHIA Call, :, per tent; time, 5S,Sr4 per cent. Commercial paper, three to four months, o'igC'.. per Cent: six months, ricj"i"4 per rent. LONDON Do Beers 13. Runds 13. Money unchanged at 3 per cent discount; short bills 4"4 per cent; three months' hills 1 13-16 per cent, unchanged Rubles Urop (o Xew Low N1DW TORK, Sept 12. Tho decline in Russian exchange progressed further this morning, with rubles down Hgo for cableu, under TueHday'H quotation. The greatest confusion continues relative to this class of exchange, owing to the uncertainties of the outcome of the contending forced of dis order in Russia. Cables we.ro quoted nomi nally at li'-ic and checks at 12c Notwith standing the tt emendous decline In lubles, operators weio afraid to take risks. Aside from the setiFatlon In the rubles In the early dealing today In tho foreign ex chango .Market, French and Italian ex change worked lower, and, on tho other hand, Scandinavian ctchange held strong on nominal dealings and pesetati gained further. Business was of the smallest pos sible proportion. Quotations were. Demand sterling, UiU.-s 1.".,'... cables 4.76 7-16; sixty-day bills nominally 1.72, ninety-day bills 4.70. Francs cables 4.77, checks 4.7C Swiss cables 4,60, checks 4.62. Guilders cables 42 3-1G, checks) 42 Tjlro cables 7.77, checks 7.78 ti PesetaH cables 22,60. clicks 22.4C, Stockholm cables 3?..os, checks 33.C0 Chrlstlanla cables 30.75, checks 30.5.',. Copenhagen cables 30.00, checks 30.40. After the early dealings rubles receded further to 12.10 for cables and 11 a; for checks. In the early afternoon rubles steadied slightly to 12 for cheeks and 12.10 for cables. Business was nominal. Italian and French exchanges were heavier. Lire cables at 7.78 and checks at 7.7P. Franc cables were 5.784 and checks 5.7D";. At the end one of the largest financial Institutions quoted ruble cables up to 14 and checks to 14. The rally In rubles to day was reported largely due to purchases by brokerage houses for their customers, who considered that at the low level of tho morning the exchange was a good gamble. BANK CLEARINGS Bank clearlms today compared wllli-corre apondlne day laat two years: 1917 1016 1915 Philadelphia. $62,935,509 $11,239,993 $23,185,049 New YorU.,.048,0S7,437 539,390,802 324,333.205 Boston ... . 7,181,201 31,290.730 24,021, 308 DIVIDEND IS PASSED BY SUBMARINE BOAT President of Company Says Action Is Due to Need of Working Capital for Bifr Orders NEW YORK, Sept. 12. The directors of the Submarine Boat Company at a meeting this afternoon decided to pass the dividend. After the meeting tho following announce ment was made by Henry R. Carse, presi dent of the corporation. "At a meeting of the board of directors of the Klectrlo Boat Company held today In pursuance of a conservative policy action was deferred In regard to tho extra dividend that has been declared each quarter for some time past owing to the requirements for cash working capital to handle properly the large business which tho company now has on Its books." new tho new low of 1! Alrplo.no Mocks were weak, with Curtlss dropping to 36, and Wrlght-lttrtit' ranging fiom S to 8. Hubmarlno lloat sold down to 17s, Aetna was trad) Jti at i?a 10 n"a. -H iiccuicuon muiu hc uu. ji STtln fllnnl.fl nAn ft.-.,. 1,'lfll Vlnl.ttt, ,n,1.,l f .. 1 .... . 5 """"'k "ii-" nv.o .1...., ...... .I'.i.m.ie, u.moi ill m. j.4 ailU 3?g, EnBl Consolidated sold at I. Rig Lcdgo fold nt li and IM, and Butto Copper arnl7,. at f) and 8'i. iu aiuciv ueie in Kuuu ucuuiuu anu at wen-maintained prices. CroaW showed a. good rallying tendency, with sales at -4G to fit) cents; Cosden & fn & VI J ! to 8 and Mcrrltt at 3uU to 34". IVDUSTniAI.S Ve. dose. Air Reduction Aetna I-'xplosles ... Am Brit Mfg Am Mmconl Am Writing Paper . Canadian Car Co . . . Can Car &. Fdy pt Charcoal Iron . . . Chevrolet Motors Cramp Curtlss Aeroplane Carwen Tool .... Carbon Steel Kinerson Phonograph Federal Dye Hendeo Mfg Kathodlon Bronze pf Lako Torp Boat . . Lehigh Coal Sales . Lima Loco Maxim Munitions . Marlln Arms Nor Amer Tap Pulp. Otis Klevator Peetless Motor .. . Poole Kng Redden Truck Scrlpp3-Booth S S Kresge w 1 ..... Standard Motors .... Stcol Alloys Submarine St Joseph Lead . Todd Shipbuilding . Triangle Film United Front Shailng L S Steamship United Motors . World'3 Film . . . Wright-Martin Air. Zinc Concent STANDARD Illinois Ohio Prairie Pipe Stand Oil of California Hid Ask (i-alo) 90 92 7)3 4 A 3. 5 10 2 2 3 3. 38 S3 85 68 8 8 63 67 67 75 8i 33 36 S7 9 10 10 80 90 5 (I 5 10 30 30 1 4 73 80 r,r, o i i i 103 108 105 3 3 3 , II ".0 13 18 93 8 7 17 17 79 1 V. 18 8 1 13 81) 15 100 9 8 17 18 81 1 1 1974 8 2 20 18 4 19 OIL STOCK .214 .347 200 .238 Stand Oil of New Jersey. 553 Stand Oil of New Voik.212 INDEPUNDTfiNT OIL 218 353 365 313 660 376 STOCKS 316 348 113 -"v,sw-a'' . " 1& i !.,. &VAv:..."..5l5I DIVIDENDS DECLARED United Oaa Improvement Company, rteular quarterly of 2 per cent, payable October 15 to stockholders ot record September 29. Wanklln Trust Companyf reeular aemlannual of 6 per cant, payable October S to stockholders of record September 18. Ouantanamo Buear Company, reeular quar terly of 11.89 a share, payabla October 1 to stock of Tttori September 11. ' j .,. ...,i iwvjv. ,J,)T 4 V, --"YJi . t. .. ?-..., .f 'J i "ti 4 Kh.' '" t J it ii aiatMsai ' ' Batnett Oil & Gas.. 1 Cosden & Co 8 F.Ik Basin 9 Foderal OH 1 Intor Petrol 13 Houston Oil t5 Morritt Oil 33 Midwest Ref 188 Ohio Fuel 17 Oklahoma Ret 8 OEage Hominy 8 Rico Oil Sapulpa Ref !)', Sequoyah 1 Sinclair 18 United West Oil MINING STOCKS Alaska Staudatd . . 20 Atlanta 10- Big Ledge 1 Blsbce Copper (a pros) . 8 Butte Copper and Zinc. 8 Butte New York i Cal'ii Jerome -j,'. Con Aria Kumia Consol First National Goldfleld Merger .1 Coldfleld Cons 48 Goldneld Florence ... l:i Goldfleld Kewanas . . lo Green Monster 1 Hecla Mining 87 IIowo Sound 5 Independence Lead ... 8 Jerome Veide .... I,, Jumbo Extension . 33 Magnate Copper '; in 4 13 '.i 17 34 140 19 8 8 8 1 13 1 9 9 1 2 1 10 4 13 35 165 II 8 v a i n i 9 1 If 50 16 13 1 0 B 10 Ml 26 ii 3 48 81J 1 24 u THE HAVILANDARMSTRONG COMPANY STOCKS wwwainutst. viuunu PHIUBELPHIA BONDS NEVV Ytmn-BOSTIN sal-ilt4 . rAsuJlW) Bs. MINING STOCKS- McKlnley Darragh.. .Magma Copper Mother Lode ......... Minos Co of America.. Nevada Hills Nlplsslng Ohio Copper Ray Hercules San Toy Stewart Tonopah Extension . United Verde West End Con White Oaks White Caps Yerlngton . -Continued Bid 41 l Thl ft... Ask (Sal.) 44 33 1 13 9 1 3 13 A 2 35 66 3 Mi 21 s ii ; 48 34 li 20 9i Mi 13 H 2H 38H 73 is. "J li-n ' .. ii 4J 1H ..Ii .. I Bethlehem . . . Cosden OlI'Cs Cosden nnd Co 6s. . Cudahy Cs Russian Govt 5 lis... do 6s Sinclair Oil 6a... Todd Shlpbldg b's. Western Pacific ES. Bethlehem pfd Rights BONDS 98 1)1 s. . .no 04 . 63 . 73 . 93 100 si .100 ..104 08 93 92 97 63 77 102 100H 109 3H si ll ' ::! "4.1 IMPORTANT SELLING HURTS COTTON PRICES' Insurrection in Russia and Weak-, ness of Futures Prove Dis quieting Factors NEW YORK Sent. It Impoitalit tolling broke the cotton tnu-; ket today after it had been steadier eart7.- and there was a feeling around the rooa i that tho weakness of futures might lead j to Increased offerings In the South. Th' insurrection In Russia was a factor, AJ-i increaso in tho stock securities in . houses attracted somo comment. An advance ot 72 nnlntq In Sentembtf i contracts at the opening of the mirtri was explained bv small stocks here, osv Acuity of replenishing, because of trark portatlon delays, and a light Interest la tut; delivery, which forced shorts to pay a Ml price for the small amount wanted. . Later positions opened C to 50 pouts); higher on covering and expectations ot ( bullish weekly Government report, but shortly after the start the whole muW eased off and sold back about to last nlttl closing level. The Government weather report i more favorable than expected and cnWW after the publication were Irregular. Pj The morn fnvnrnhln tew of Weatflffj conditions, combined with the easier tr! nical condition of the market, after wl rallv nf nhnilt ..li-hfv' nnlnta from SatUlMl day's low level, Inspired sufficient "! M beforo the end of the first hour to active months about 16 to 18 points " lower. ..-- ... ..,.. .... tilt.: in vioae. upen. Jiifi". '.""i Tu.l October 20.75 20.90 20.98 20 07 "JHd December 20 62 20.73 20 80 I9.R1 "l .lanuarv.. "o.r,.i vn.R ''0e7ll)."0 !"i"al .March.. . 20.(19 20.80 20 80 19 98 J'KS ill Hay. Spot. 20.70 21.75 20!o.1 20.95 . 20.16 I Ial :i1 COPPER OUTLOOK Send for oar MARKET FORECAST whlih telle all abont the Copper ootloofc a aiocks in eeneral. U. S. Steel Railroad Stocks Tonopah Belmont Nipissin: Curtiss Aeroplane Wright-Mart.il Anaconda Miami Butte & Superi .Mason Valley Magnate Oil Stocks Sent free on request , HUGHES & DIER Member. SSSSAJT' ' 143B Walnut St. 1 IS BrodVT ". Philadelphia New York jl Brown Brothers & Ca JjnmtuASBtaumfvtSrnMnu rniLAiKLPHIA tVl FEDERAL LAND BANK 4-2 Farm Loan RonJ. D.taU M.y 1, 1117 ' Do. M.f . ""'i" rcaer-u, autte, Municipal and Local TaMtnoa , Order, for the., bond, will b. ept.a for payment durlnr October and N.T- aealnat delivery ot Interim Certtncatee. Zm ....... cejuiy8 and Were i "" : ,u". "maow data (lost) anil AW.r a laue aa Ufi
Significant historical Pennsylvania newspapers