i r tr VIEWS OF THE NATION'S BANKERS-LtiCAL MARKETS -- WHY DO TRUST COMPANIES HERE KEEP OUT OF FEDERAL RESERVE? New York Institutions Joining, but Their Busi ness System Differs From That in Philadelphia- Gojssjpofthe Street TT WOULD naturally be expected that with so tnnny of tlio large trust companies in New York Joining tho Federal ncservo system there would bo a similar move ment on the part of the bis Philadelphia trust companies. It Is pointed out, how ever, that as their business Is at present conducted thcro would be no great practical advantage accruing to the largo trust companies in this city oV, in fact, in tho State, to connect with the system. The New York trust companies carry on a regular banking business, as permitted by the laws of New York State, and in tho course -of that business handlo a largo amount of commercial paper. On tho other hand, tho trust companies of Philadelphia act as trust companies pure and simple, and only In a very few instances and in a small way do they transact a regular banking business or handle any commercial paper. As tho principal advantage to be secured from a connection with tho Federal Reserve System arises from the redlscountlng of commercial paper, thcro Is no practical inducement for Philadelphia trust companies to connect. There is, however, another point of view to bo considered, and that Is the prestlgo of being part of a system which is mobilizing tho financial resources of tho nation, ejpeclally when, under present war conditions, everything which will help to swell these mobilized resources la an act of patriotism. Good Prospect for Tax-Free Municipals The representative of an out-of-town houso which makes a specialty of munlcl. pals reports considerable activity within tho last few days and numerous Inquiries. As he is devoting all his time to tho Liberty Loan campaign to tho exclusion of eerythlng except such orders as como in by mall or telephone ho says It Is his belief that as soon as the Liberty Loan campaign Is oer there will be a big demnnd for good tax-free municipals. He bases his opinion on tho number of unsolicited orders which have come to him during tho last few days Collateral Conditions Changed There has been a considerable modification, it is said, in the Instructions sent out by the Treasury Department as to tho nature of tho collateral which banks may put up to secure Government deposits, as compaied with thoso contained in tho circular Issued on May 2D last, so much so that virtually any bank may qualify. Tho May circular defined tho acceptable collateral ns follows: "Government bonds and Indebtedness certificates nt par; farm loan bonds and United States depen dency bonds at par; Stato bonds at market vnluo not exceeding par; Hawaii 3'4s at 90; foreign Government (and dependencies thereof) bonds of countries at war with Germany Issued since July 30, 1914, at 00 per cent of their market value; United States county and city bonds at 75 per cent of their market value; railroad direct mortgage bonds at 75 per cent of their market value, exclusive of bonds selling to yield moro than 5 per cent, and ellglblo commercial paper at 75 per cent of Its market value. At least 25 per cent of security put up must consist of Government bonds or Indebtedness certificates." New Rule in Liberty Loan 2 Per Cent Deposit Tho Tederal Reserve Bank has made arrangements and will shortly announce that tho Initial payment of 2 per cent required as a. "good faith" payment with sub scriptions to tho 4 per cent Liberty Bonds can be accomplished by tho purchasor transferring a credit for the amount to such banks as hae qualified as tlscal agents of the Government, the amount to bo entered to tho credit of tho War Loan deposit account. A Comprehensive Liberty Loan Organization Blair County, which contains tho cities of Altoona and Tyrone, has worked out a most thorough and comprehensive organization for tho second Liberty Loan that has caused much favorable comment among campaign managers. To meet tho requirements of tho Government it has been found that tho per capita subscription must average not less than $20. In addition to tho usual organization headed by an executive committee, tho county has been subdivided Into districts to each of which has been assigned a definite minimum allotment based on real estato valuations and money taxable. Additional subdivisions havo been made, each with Its minimum allotment, Into townships of tho boroughs or wards of the cities. feach ward or township Is assigned to a captain, with assistant!, the number depending on the size and population of the territory. In addition a corps of Four Minute Men has been appointed, who volunteer to deliver four-minute talks In upport of tho loan. Tho men's organization is also supported by n Woman's Liberty Loan auxiliary, which has its own executlvo committeo and cbunty organization under the auspices of the National Woman's Committee of the Liberty Loan. With the comprehensive organization described above tho obligation of each small subdivision of the county Is clearly defined. The percentage of tho total allot ment properly assignable tq each section had been worked out In advance, so that as soon as the county's quota was made known tho assignment for each small division could be computed at once. Optimistic Outlook on Liberty Loan The principal of a large brokerage house, who is taking a very active part in the Liberty Bond campaign in this city, is very optimistic about tho outcome. One of his salesmen, who Is on the committee looking nfter tho employes of hotels, said, In answer to a question, that the responses from the hotel help Is much better than In the first campaign. So far as ho could sco the same ones who subscribed to tho first loan Wo subscribing to tho second, and a notable feature Is that whereas they took the smallest bonds ($50) the first time, they are taking $100 and moro this time. In his hand he held a batch of twenty-flvo signed subscriptions from ono small hotel, and by far the larger part of them were for $100 or more. Another hotel had sent In 192 subscriptions from tho employes, aggregating $32,000. War Loan's Effect on Corporations There is a great deal of speculation as to the effect the new war loan will havo on certain largo corporations which are very much In tho public eye and on the public tongue. Sbme have tried to reason from figures published by thoso who are supposed to be tax experts, arid who havo figured out tho tax to be paid by such a corporation as the United States Steel, how much would bo paid by other . and smaller corporations engaged in tho samo line of business, but havo given up the task, as the conditions under which the tax applies are so very different In each corporation. It is generally conceded that somo test cases will bo necessary before the exact amount of taxes can bo arrived at for a majority of corporations. Quick Realization on Liberty Bonds J The speed with which a Z per cent Liberty Bond, In a comparatively remote town In the State can be converted Into cash on the Philadelphia Stock Exchange was put to an Interesting test yesterday by tho firm of Edward B. Smith & Co., Chest nut street near Broad. , A customer in Easton, Pa., stepped into tho Kaston office yesterday and offered a block of 3 per cent Liberty Bonds for sale. Their representative at once called ' the Philadelphia house on tho telephone, and In twenty-six minutes the deal was consummated, tho bonds being sold at tho maikct price. It Is said that during ten minutes of the twenty-six thero was not a bid for Liberty Bonds on tho floor. "The property of the citizens of tho United States is estimated at $223,000,000,000. The Income of the United States is about $40,000,000,000. When wo compare these ; figures with those of tho nations abroad wo ought to be ashamed of having to work eo hard to raise this money tho Liberty Loan for our Government." Thomas "W. Lamont Ancient Bugbear Again Pops Up The old, time-worn bugaboo about an approaching conflict between capital and labor as a reason for the present liquidation has been hauled out of tho closet again and dusted off for service. This time the report comes from New York bankers, who also fear that the Government Is on the side of labor, and as evidence they point to the war taxes as evidence that Congress was as anxious to punish capital as it was to pay for the war, and that therefore capital has gone on strike, and as a result is buying Liberty Bonds. If this is the case tho result is certainly a happy one, if capital will only buy enough of them, as the proceeds of these bonds are finding their way back to the pockets of the laborers in the Bhape of wages at a rate hitherto unbelievable. But there are all kinds of old and now excuses given these days for tho prevailing market conditions. Some maintain that accounts in the commission houses are being closed out through failure to put up more margin, others blamo the effect of the war tax or the peace propaganda or the possibility of a long-drawn-out war, but perhaps the most universal answer to the question as to tho cause of the condi tions js as near the truth as any of tho laboriously thought-out answers, namely, "I don't know." On Tuesday last, for the 'first time in its history, the resources of the Federal Reserve Bank of New York exceeded $1,000,000,000. The total was announced as $1,024,000,000. Cotton Buyers and Sellers NEW YOHK, Oct 11. October Koun trta bought; Cone sold, December Hubbard, McFadden, RIordan and McEnany bought; Mo nany, Schlll, Montgomery, Orvls and Freeman sold. January Newman, Downs, Montgomery, Martin bought; Hyman, Schley, llartcorn and Hagedorn sold. March Mitchell and Cassard bought; Downs and Hopkins Bold. May Montgomery, Waters, Itlordan, "on and Kelffer bought; Peers and Mc Enany sola. r: lkH JMsctWHt Rate Vnchanged j wt oot, 11. Tfe .Bank of Ena 1 "P .r S. American GIuo Pays $2 Extra BOSTON, Oct. 11. The American Glue Company has declared the regular semi annual dividend of $3 and an extra dividend of it on the common stock. Dividends are payable No ember 1 to stock of record October SO. Tills Is the same amount that was paid on May L this year, and brings the total distribution for the year up to $10 per share on the $1,000,000 common stock. RAILROAD EARNINGS WESTERN MARYLAND 1017 First w.elc October-. . .?, From Janusrr 1 .... 10,112.822 WtSTEnN PAQjriC Incrtas lilt) i.m.ooa fl08,2S3 es.iSf Atiruit sre .,.,. r,- i Nat' i-Ji"5 ! , , ll.OOJ.WS Wkt ase-H-; awX'J. 5V aij?' EVENING l.BDGERp)nLADELPHIA, THURSDAY, OCTOBER 11, PHILADELPHIA MARKETS GRAIN AND FLOUR V'IEAT Receipts, 44,138 bushels The market wni steady. Quotations, cr lot". In Vi.Wt?'".-,or.lveriimnt standard lnspec vSn)SNoJ 1.r""' s-2r No '1 olt red. IJ.2V r.H S..eA- 2 24; No. i lott red 2 22. No. 3 fSi.Hsl,.No "' rl. I- ti No. 4 red, .,"..,!. Ao- red. 12.10. Mixed wheat rela-v--K "" Price red l.Mlxeil wheat, 2c off ) ":? lt. rc-d or soft, oml rumple'1 will be Shiif11', on ,h'r merits, but In no- case at above lo under No. 4. .(l0?'7.'n,'t',"I1". 8701 bushel! The market wail dull and largely nominal CJuotatlom. car S ior !?cal trade, an to location weitern, nnmi?.,,eilowl.. -' lu-' 18' ,l0 No. a vellovv, nominal! do. No. 4 jellow. nominal! do. No. B --.v.i, uviiunai t.?AJS 'lpt. 10 400 bushels Tl A',' " QUI;; but steady at tho lain , Quotation! No 2 Thite, new. U.I1 The mar decline Stnn,,..:, ....V.- " "'V.1'- L""-. ""--."..-' ..... iiu tut (III.. ...... .,.', v.mle new. tHVitfreic no a wniie, new. t)ISu4ve. No. white, new. O3tP0lc. fr0.UI,-"nceP1' "74.750 lb In sack! Tho -.? fk' waa generally stesdy under light offering! ?. J1 "Ir demand Quotation!, per 100 lb In i-SS1' Winter, itralght new 110 23010 81). Kansa!. elear. new. Ill) 154T1U S3, do patent n?w.. '" 1113, do, fancv patent. $11 355f 11 65. spring, first clear. pot 111250117 in , tl"r' new- mll shipment, 10 258 i.,52: "" Otent, apot. 12 7011. spring ?;"?: nvv. mill shipment 111 2S4C11 51), do iSJi el' bran1"- S12W12 21 cltv mill! choice Tnt.-ncy intent, tut) 12 25. do. regular grades tit" BOfino'w eht' no-5,io&0' ttlent' lI7a5inISUIl.y5 lulet but steady. We quote as to quail?'- shipment. tlO.25U10 80. apot, PROVISIONS wi?hem.rd "" 'alr nA hft market ruled Arm riiS i- J9 .kmd' "Hlhtly higher Quotation! n !.!' 'P et'' smoked and alr-drleS. 33c, kniw-vi.. -J . V"- smoked 3ic. city Deer Knuckle! and tender! smnWen nn nlr.drleil Vie. nfht. k smoked city cured, an to .im inu aerafff. HSH V-Wic, hams pmoked. i?"?,.""?8. ol'y cured 4(lc breakfast bacon "it? h. ." -JOe. lar.I western rellne.l Here's fendT' .'" 'ri 20c, uo, renUirnt, In tubs, 2c pure i Hy, puro ilty. kettle k'ttle KEFINEI) SUGARS extra ihil'llLt'- r",1:1 ?rm "n ba,l!1 ot 8 33c for exira nno irrnnulated DAIRY PRODUCTS maBnd775ntrnt rnar'"!t ruled firm with de- mf,ai " v 'luuiuuuilB- t"l.'III BU1IU- seal?.? nT,?tlc"y "ft ,r",h nenr egga were t?aJnin ii """' Ml,h "lemand fair, but unot alSi o.,",L.f ,,n '""" nnd Irregulnr In reVelwi i " lLiM wr ndanl cise current riceipis 51J 30 ner rase. ,Mvml, tlnnr.fftili Ptr case firsts 11; !3U '". cm ,-irn nrsrs IT" nil nnr rn Per las. seronds 110II5W11L-. t,.sV",!- fano selictcd ecu wer.i Inl.Mr,,. , 'iri-t-r.r """" ini. i..:?1''. "'J"1 t.n,U Undr moderato offer- ;.". "i irauo was nulel nnn,f,,tnna vu... York lull-cream fincv June 27p. nenljl nixner. do: do chni;.' .V:,:";,"!?. ." -' ' v. -'? good. Si'iSA:. ' ' ' Ialr l0 POULTRY MVK The tnorliAt . OUt Innv,,!...""'.."" """.I"". """ with. --- . ..,,t ciinnge Quotations Ton Is. chicken' -- '.. yu ,ni- JlfrT24C rooster iniUJOc. snrlnit .W'ii tHii.i'1?1 according to quality : &"' i?,vJiV"ln..,.lim.,-r ""-'c. do. spring. !L"Jr.. .!u.rea ."-'?T-nc gulnena. louni Per not I.rghofna smaller I . -V,1,, " W "' '" "P'e llllcWU. p."lr JOtaj.v -4Sf.3i. do. joung, per miKsspjnn, JS-,-: 31c do w.llVi"T ,.'"' "'7 "'"' A'" apitce do ranlxiK."" ' iD HH H. I3W135. do .W. uo. do. imall and No .' 75cOl 60. FRESH FRUITS Teaches offered nnrt .;.i,M"" f.".u. " '-".,. mor" "ny enllv mtlT,. . 'iucr iruiis were pen- Yorit t.'",,ii.i Quotatlnns Apples New linlx VS, VJt1' Jonathan. 4cl Maiden ensteln ,3?iV?!r.''nt,Tunreu sn'i 00 flraw TnZrihm :"' W' Ihi I3il Orten-r5T'.nW?-ri,DuJ'Sl"S l''0. lHlilwl" 13 Kraiin ?bi ,8.?, Apple! v nnsUanla, ami Vlriniirn5; 9 ,,A''Pl" rmnsylvanla ?."''.. :.lrBlr!"..Cf I i'bl Vlexnnder Uffi. Kom "ul tirawi',0 Mavman Wlnun ur,h r. 00 ,,iJfJm'"" Oolden. J4 0H, Northwest Oreen. ny per nunper fiOcWJl mi ,in do, per -bush hniu.f i,!S-Jn t'rahapples per 4-buh S'Sk'J' 7.i2 Qulncea New York nee l.hl jub-b i-emnna p, r box 2 BOifiiO liananas See iSiS-m'J &s.,r, Oram California' KJt- t-i'S-i,',50 '''n-iiPPles I'orto Rico pr fra e. ?,-f7 Orapea N'ew York per Sib banket 13WlSr rto ,1 prr 1'. lb blsket nnft SV-Me-.' allfornla Tokn per crate J102. Si ?. "iorn!a MalaBis per crate Jllifllo do California Museit Per crate lllfpl 40 do fill, fnrnla I nrnlehon per crate l 71 2 n I'runea J.ow Jork, per 4 nt baaket. 31040c l'lums, IVCW York nrr 4 nt IiirUaI Tlmnn .litjt-.,. flfr.awt fl... AA,n. J . .i ..-.' 'T" ' '.- ",',' . " V. tv:;uut. ul'i -aiirornii i tosh pi crate SI 5()2 30 ilu Oranil Duke, ner rr.t per II B0. Cantalnupea California and Colo- E?5?".S.,R,l?a,, ci"a'- ' f0l 3. ponv crate. trol23. flat crate whlf meal 7Wsr ,lo Pink meat ,'c. do white rinds 7J1 23. caches 1' ennjylvanla anil West Virginia p r basket, ROB 71c do New York, per bushel h?JA 731 35,s .1 ',n- rer in-qt buket. Tir,oe do do California, per box .lOcQiJl! Peara Delauare nnd Marviand per hamper llnrtlett II r,0i)2 1 Meckel it fines 7 ilo, L do, Seckel, .!3 W do New York per Mil, iinrueit nwii becKet suss1) du California. Bartlett. per box S2if4 Crinberrlea Jersey, per crate. 12S. do. do. per bbl , S!)11. VEGETABLES rotatccn were In fair request and prices of some kind were slightly hlstier Othir cro. tables were without Important chant-e Quo tatlons White potatoeH Knstern hhore. inr bbl, No 1 13 1004.10 No 2 St M2 7.1 White potatoea Delaware and M-iryland, per bbl. No 1. t3 504J5 White potatoes Jer sey, per 'i-liuah basket, No 1 OlloWJl. No .', DO4F03C White potatoes, Jersey, per 1.10-lb, bac. elants, 13 3jJJ 40. hlte potatoes, per bush, rennsvhanla. fancy $14U$ilbO, New York, tl SUffl 40 Sweet notatoea North Caro Una per bbl No 1, .'0.' 7,1. No. 2 tl -'1 1 73 Sweet potatoes Uaati rn Shore per bbl , No. 1. I.' CO 9 3 21 No 2 J1752 2,1 Sweet potatoes. Jtrsiy. per -bush basket No 1. BO 073c. No 2 4033c Celery New lork, per bunch, 20B3c Lettuce. New York per box tl 123 Cucumbers New York, per bush, tl 2 25. Cauliflower. New York, per box t83 so. Cabbase New York, per ton Jjn JT Onions Jersey, per hamper tll 40 Onions Oranue County. New York per hamper II 15B1 ,iu Onions Illinois Massachusetts Jrrscy and Or ange Counts, Now York per lfl0-lb bai: IS Ba tia 23 Onions Ohio and Indiana, per 100-lb. bag 12 .10 I 21, do. California, per 100-lb. bat', !2.733 25 CLOSING LIVE STOCK PRICES CHICAGO. Oct. 11. IIOQS Heeelpts, 10 000 hadi tomorrow, SOW head Slow. 23 300 lower than yesterday's n erase. Hulk 117 70 018.80. light I1718.80, mixed S17,'.(9 IB 30. heavy, 117 3019.20, rounh, tl7.3017 30 CATTLE. - llecelpts, 12,00(, head. Weak: S 17.30. SHEEP receipts. 13.000 head. Weak! fl3. Lambs. tlS 33. , SOUTH OMAHA. Oct. 11. HOGS Receipts. 4500 head 21040c lower. CATTLB llecelpts, 6300 head. Steady to easier. bHEEr Receipts, 23,000 head. Steady to strong. , KANSAS CITY. Oct. 11. CATTLK Receipts 10.000 head. Slow and steady to weak. HOGS llecelpts, 0000 head; 23050c loner SHEEP None. ""' GOVERNMENT BONDS I Pld Ask 2s registered 1930 , U7 coupon 1930 80I 3s registered 1918 ......... 3s coupon 1018 4s registered 1323 ., 4i coupon 1V2S , 3s registered 1048 3s coupon 1940 J'-r.ima 2a registered 1030.. Panama. 2s registered 1938,, Panama 8s registered 1901,. Panama 3s coupon 09I out! 103'i 10.l( 81 81 07 K m 80 81 100 DIVIDENDS DECLARED Faclflo Coast Company, regular quarterly or Hi per cent on first preferred. 1 per cent on ziz : -..-. j i 1L ::i. ' - - fc",n on bi?, November 1 to stock of record October W. Electrlo llond and Shore Company, reaufar Quarterly of a per cent on common ann liT i.. buiiiu L'lB.Eirou uu i wr rvni nn nnmn.nn .. cent on preferred, tha common la paiabla October lf. . to holders of rsoord rvtofC, a. in nninepB nr rmr,i n.i.1..; .L. and the preferred November i to attwfe nt A.J la, H,lr,h.r 17. '" 1 "il CheltAm ".''t'"'??!!!'''! UFM ehlannual jBjat, aai.bk tfvvemWT X to stock o Mil JfPf4 tin T-. rV h'et- knucklea and tender!, emoked. him. J 'J?m'- 4.3- PorX- fomlly. Hit nil kimn.H. ' cuIfd looae. 27lid2SHc, do "W.nned. loo.e, 2727Hc. do. do. moked. 2S Ui 1 j-.u;"..y' '.,ancl 'Pcclali. 40'4c, extra. ' 4" ,,i2 i?.!rnfSr,,y Prlntu, fancy 4bc, a "4fZ JL.rlfiP'- ,""'" 44W43C seconds fll'.lc' spcclal bri"l of prints Jobbing at uf(irnDie h Zpi MlnrU mnl lailnns ' .l"m ni.m"1.Jo1"!,,,t "Tln. UO- oSirnmn. ? Vlrg nla. fancy. 30f11c roS.tl? m.il-1"- p'r lb wi stern .'Hi. 'So sfi ih. ":AV30 ,C',l'.kt'P1- western welghlnn 2 lb wp.iIEL''", -V'-t'c. turkos fresh-kil ?d pr 22c !pflnifVuItol7,,,,2-,w!1e common, 2fll lnelTO75 nucl" 2SOJIK ,qi,, white welah. lnih.,i;ib" plr.2Zz t5 15J5 80 do do UO t?J,r'rJ1oz. 4S0BS. do do SIM per do. GOVERNMENT'S LOCAL MARKET REPORTS TMs dall-i report is sent out 61 tht n-rro" f Markets of the United Slates harlmtnt ot Aoricutturc. Philadelphia s,,? w,,h headquarters at 300-S1S In. l:onib" a'""""1 umdina ncU Tclfjihotte, dh.r. larff !nt! to inhhern arlous railroad depot! ) FnUtTH New iork' 'nai birr" "1CM3 luarter reckt), riaf0'..,t'T.nii""y,n "and viral" J.Tork imp": Arrr.KM, Orimra J'i-lnch I5OS.B0, Jona- mnn, "A" nrnrt a rrfttle st-i.inft. inrii. is Kitfrtii nia.i, l. ' r'T . t .r. 1. (0 nunrter ick8), $1 nearbj-, per " -bushel baaket CTrt rtn 2 no '" rer 1J-hnd bunch (ltf dozen), (45 i melon.) 11 'aS' Colorado per .tandard crate t23 Jcr,". per 32-quart crate, pound basket, Con iiii't. -nJv. .:r1..,'r bush: ic il (14 IS quarter peeks) ii,t . ..t ;:-. '. oii-'iuans 1 ter wfVii i-ik.;; ur" rrr pu.nei ti4-in quar baskii in ':,. '?"'" , fOewtl 25. per 14-quart k?t r,(V QUarter Vtck,). 40c. per ft) quart ba" 1 ,.l ,(:. " n. -.l. '. . .... i'LlJMs V.t v Jk' r" 4-quart basket. 40o son rows'tc ew lork p'r "luart bo'Ket. Ddtn- wuisi'ia, New Vork, PPr b(irrl f4fl 4 nmr. ppeka). 13 30. per bushel (11-1.1 quarter Mi VEOETAllLns lafteV "nee"VirD)i, P" .-!'y'.h.pl b"kt .n 10 nuartrr wax TISofliiiT' 11.. ".. '.ISA'.".. 10w mner llli-f-ru '.r.V 1 ",a" -J I iu IIIUMB 91 .'j i di ,i a n . :. v. ' j'i i'uiiuii 'fi - r ,..' ;,:.L''nr per nunch by. ,T.k,E "i.J,.er'0'1- '-4"29 near- jMinaiii-- .'. . . Ti - ... COSKiOr fin. fc ... w u heads), UAHUOTS nearby, quarters) t.' Btl1 per barrel (3; to 40 ArMKI.OTi.it New dozen henrlsl tl w, York, per box (1 tiiiHvUn:.?rr "unch (12 !tnlkl 207ac. i-nJii.i ! llH- " arrhils ns ?,?1",'A.H!J..":a.ri'l ' bushel basket heU;TrI7l-.,,',V..N,:iv Y.'k .'"."ox (2. dozen loien"heVd,r73"ffti f r" 0" U dintn:i'0MS.x VV. l"Pounl aack. Jelow. In l-Mfnenl.J5, ?'1Sai'hUSCttS. pOOr. J2 XV,J1 111, 101,riVin,iU2;,ran,'SIl,J- "" "i-bushel ba.kct (S 1'UMPKINS. nearbv. per bushel aiirtiriii "a"eil I1IIW4IIC SWKnT 1'OTVrOUS Eastern Shore of Vlr ?l1l", ?'r barrel (J.-.-I0 quarter pecks). No 1 J.1UM2.1. nearbj tier S -bushel basket (So quirter pecks), tlrsts. jellott. 73e. reds. oOtf5c. seconds ."Ml&OOr hi'lNAi 11 nearby, per barrol (40 pel k 1) M F,(lfl J quarter WJl AfH nearbj per . bushel basket (20 u - niu iniiF, 4 T(( ii H ."JOMA'IOHS. nearbj per -bushel basket (''J.!'.,'.lu.n.r.t?r Pecks) iWciffll in J! "'I'.a h"";. Pir '.-bushel basket, white .Tiy.',0c Mllow r.ci7Uc U VTi:itcl!I.SS New orlt ami IVnnsj lanla. per bunch, l'nC'c SOt.1) AT AUCTION YKSTERDAY en0,n:i(?,;, ra,"ornln. per box (10 12 dozen), J2.10M.1iiO medium size (14-1K dozen) t.' Ho W4stmll slin (211-27 dozen). J2 303 SO iihai'i:h California, p, r .'4 pound crite. iu'"i. -uffl'.'i laiiga, 91 auriri ;io CORN ENDS STRONG ON SUDDEN JUMP Covering by Shorts Sends Prices Up After Early Drop C.UX1N IlKLT VtKATIU'.Il lORWAST CHIC t.tl, Ort II. Illlnoii. Knlii this nft eriionn orli.nlclili mlilrr tunlslit norlh '!lyurl I'nrtb rlouih west nnd renlrnli prnbilih ruin extreme eunt tonluhti rnlder et unit north, with kllllne frnt nnrthiieit. MNeniiHln I nettleil. w th riln thu after rni i . mliler tiiniiibti lrlilij fair. older. llliiiiianlii li I r tonight mill I'rlil.oi (older tnnlithti tiiirmer Trldi- iftrriionn I ii u 1 1 Instiled. Willi r.ilu In it. fol lowed h rlouilj mill colder tonlcliti l'rlday, rulri warmer n afternoon nnrtliwet. ortli Iiiikotn I air tonlghti rolder enst and centmli riila, fair nnd wnrnier. hoiilh Dtikotn nnd Nebrni.kii l'ulr tonight nnil lrlilayi rnlder tonlghti warmer IVIilny. Kiiiiniih 1'nlr anil rnlder tonight with neiuj froiUi lrldaj, fulri wuriner north unil w eir. lontann l'nlr tonlcliti rolder soiilhenst and warmer north central, l.iniiiliig lulr tonight, with killing froiU suullieiut. CHICACiO. fict 1t Corn nioed lrreRiilar today, but finished hlBlier The larger IonKs Bold at tlio outset and forced liquidation by smaller concerns. The oiTefingj were absorbed promptly by Im portant shorts and others, who were In fluenced by ndvlccs from AVtftilnRton indi cating tho exemption of transactions by the Hoard of Trade on tlio licensing features that apply to retailers and warehouses. The mar ket then scored a sharp and sudden aUwmco Selling; was renewed. hocer, and tho silns were lost Coerlne finally strengthened quotations It was predicted that tho con fcrenio of grain exchanges today would not change tho minimum price on corn I The exchange will be closed tomorrow, but will bo In session Saturday. Tho market at Liverpool was steady Shipments from Argentina for tho week weio estimated at 120,000 bushels against 3,552.000 bushels last ear. Exports from tho United States for the week wero 184,000, against 988,024 bushels last year; for tho season they a ere 8.181,301 bushels, agtlnst 17.034,574 bushels a year ago No 2 mixed In the sample crowd was $1 02tTl 94. against $1 Olffl 98 and No 2 jellow, $1 0401 97. compared with J193 5H94 jesterday The high on December was $1 1CS. the low l 12j and tho closo $1 14V401 14, against $1 14i at the end yesterday The top on May was tllOli. tho .bottom i 07'4. and the close Jl 1001 OOTj. ..ompaied with SI 0Si, yes terday's Inst price. Oats ended firmer Kxport concerns bought December on a scale moro than suf ficient to absorb all offerings by holders who had been frightened The market at Liverpool was easier. Standard in tho samplo crowd was 69H60c, unchanged Tho best on December was 58c, tho low 57,o and the closo 58H684c, against 37 o at the end yesterday The top on May was COHc, tho bottom 69c and the close 59T4Q!59?ic, against 59'ic nt the end yesterday Exports of wheat and flour from tha United States for tho week were 4.303. (U7 uusneis, against ,.&S4, 079ushcl.s last ear. por ino season wiey an nt to 65,203,174, against 121,000,404 bus! in tho previous reason. Leading futures ranged follows: , YesFj's Close close Open Ills: Corn (new delhry Amt.As 1 1 Qli December 1 151 ti.oml l.oaij 12J4 1 14'i 1 13', nn is January May OaU October December May .... Lard October November January Hiba October January Pork October . 1.0 1 Ill's "1 OUH f l loT 1 10 1 08'i 7, r.7h !W4 51) S .. BUS C9' ..is. 50 . 23 HO . .2.' 3J .28 00 . 23,10 .41,12 S3 .10 L'3 OS. 2.' 37 22 15 22 R3 22 HO 2-' OH 20.S3 21.80 27 00 27 00 21 33 22 47 41 00 Mt.50 40 73 42 00 2.1 no 21 70 2J.40 27 50 23 20 42 23 43 31) 27.12 23 lC 42 0(1 43 00 January 48 UU Uld. tAsked, Bank of England. Statement LONDON, Oct. Jl. The weekly state ment of the Bank of England follown: Total reserve, 32,260,000; decrease, f88,. 000. Circulation, 41,078,000; decreets). 150,000. Bullion, 55,488,000; decrease, 239,000. OtheT securities, 88,944,000; de crease 9,427,000. Other deposits, 119,. 625,000; decrease, 9,119,000. Publlo de. posits, 42,186,000; decrease, 326,000. Gov ernment securities, 58.271,000; decrease, 464,000. The proportion of the bank's reserve to liabilities is now 19 90, against 18.89 per cent last week, and compares wth an advance from 21 20 to 22.70 per cent this week last year. Clearlnfcs through tha tendon banks for tho week flll,S00, 000, against 332,280,000 last week, and if:,tl0,04) tM week !&t.yr,, t.nfin.i.1 vVrs,,n'?,rb.Pr'-b"8nl basket (11 R?,mf i,,m ' ?'.- No - 0S'70c, bulk, per bushel (flu pounds), .New Jersey. 1 SOW 1.1. I'enn.jhania, fi 45W1 05 New York. II 4U 9 "I basket I Vi !4aw ODD FELLOWS LODGES' PUBLIC INSTALLATION Fino Ceremony of Two Old West Philadelphia Institutions; Session of District Boosters ;rhe feature, of the week In Odd fellow ship was tho Joint public installation of the officers of Philadelphia Lodge, No. 13, and Hamilton Lodge. No BOG, Independent Order of Odd fellow. Im tlio presenco of a I larB0 nU'nco of member, ladles and i Tha Cercmonv wan n-nrlnc!p.l liv tlin nlnff 1 -. " " I Of Henry Dlsstotl I.ntlL-. V.i H. nt Tnnnnv. , tinder tlm illrotinn r c-,,.i,, r.. i,nn,t , . . -.v. V, L-llll AVVjiKlJ VII.IIIU Al "'"- u AJaenport. xno Eiair, m rormal evening dress, did O Work With Croat illenltv and fnli1tli.ua precis Precision. Soernl nmnl fenlliroa In. eluded In tho Intricate nnd beautiful march Ing figures executed. .i, Jolnl, Public Installation l! of rare nreur 5?P .n'.1,' r,!n onl ''eM under a opeclnl iilpe,ns?tlon bi lnR Brand master but Hamll ordlnirj6 no,ei1 'or uolne tblnss out of the nilHi! ,l,"fors n'l " the Inntallatlon cere momrs the aiidlencw Joined In ulnglnc patrlotli ;2ffi an'l ,rled musical program un tire-r-h.Vii. ,ddc".,.,, uero ",illo by the Itev i,Pi" "rnt iloppcp. raatnr of West l'ark iinh!,iP,, l nurch and by Oranl Master Jlobert V Montgomery vmtliL,.i0, """'hj were the grand msiter, .Mr! .Montjtomerv anil Hanrhu,, t,n ,l.r. ii.rJ!'- .'.'"A1 Jenkins, l'ast Orand Muster Herman U Holler. I'harles r llnlb.l.i r,H Mrs. llulkeley, the Iley Charles tlrant Horner and Mrs -v, ', I. 1. imn .uucier. i.nnti run i'TiVei.. 11 i.'tl, ! jc.erry ami .Mrs Sherry, rinnfr- rl. i,"c,"lrdson .Pr-sldent of the o.M Hnr!5H..L,,nan.Ff an'1 s,rs Hichardson Harry Haase and ,lrs. Hunse Hoctor "-chaffer f.ll.'iTV"8 '''J.'1". ,Ir'""1 l.odo Itepr.sen V ii.,ilould"."?Iln- of I'r"tectlon Lodge Ilarrj lodie in.'J?d..c,'.ora Iwell. of l'ennslanli ivVSS'i 'irct "' .Uruii.1 Mnsior un.l Mra w.thin. J01""?" of Arcturus l.odgi. Hrother L Bm!,!,1!;111 epiit artnd Master HoracJ mm eS" of llolmeaburg mil Mis Uacn 5?"- ,Shftrlr." Shotwe 1 ami Ullll-im II Hard- ii.!,.. ti hi . . i. - -.."; - liners ,re ritiiie.1 rtnbort tlormtn. J icob r. 'til, ,,u, uRso'ii0 'Var '"' "'"" uranii AW ?r.' d th'l'llT. ,u",on.0' 'he boosters' rnmm Mnn.i.'i" ,sond anl Third districts, lltten of JlnniTii ViT,.i- '"" uisiricis, nei 1 on .iionuiy eenlng the unnrllten wnric nl ih. fieii. ?rVi,rc'' " ".-mplllleil by I) D tl M arr?n',cV',?l'"on; "I" th" ripr.sentntlvis of thi J'JJ.0" '5, ,ne districts were Instructe. he n VV,lli .V:. c enitm lino inniruCICil a fair Intti"'.'''"11 proved that they had l,lerin U ''.T f ,h", ,0rl' ,,llt t WHS Con- 5 C"J ,Hd.l,al.' t0, V ,h8 representatives :lJ..5fr ln,l"ictlons before they appear ns ln- i h"ii?f Jrmtn.lto':?", In ,hP Arlous lmlg"s ......... ,u ,,,r , ,,iiiiiii, rp iitct men itnti Proved by Urn! l.n.u TIl.V Will l,n hr,,.til..l .a the noble urand nf s .. ,.:::. -.- .-.. . . nlng, and Im will alart them nn their in,im.. .,, c-iTinn iiarucil 1.111IK line eve i.?R Mnn!18 ,oJk'!' "f ln' three illitrlcts on 2, -,!n, 'venini. presenting- them to the noble Brand of st ir of II, thb'hem t.odse Ilo ii;.".Vn," Composed bs llrotlur Halter, of Mer chants' Loilse tia follows 1H II Cll.Oln OP I'NITY If e.iih great benrt that bents in luval frater- ri.'i ".'.',,' V-' inMns il-ed nf love would prove i ,ut..tr '1J ",ul Inmost gifts of unlt. in think mj l,od. In whoso Meat naino we move A,J? ". mingle as of ono sjmbolle virtue. To give to man an answer for ii rraiir. We are ono united viloroui kingdom Qrantlni; all in nil u brothir s shire Tho schedule for the visitations ilurlnt the rail anl winter months Is not nulto iromplted as som; alterations had to be made In the pre lous list It Is eirnestly reiUiatid that nil lodges In the first three illstrlits will send ns mans lilegites as possible tu the inrtingH of this e-immlttee In order that thiy mu r telle Instrurtloi s In tin- uiiwrlttui work nnj then In become proficient in order that thej in i be comn a member of or at least slst, the rnm mltten of Instrurilon In thi unwritten work In their Indlvlduil lodges. If tho lodges expect to grow numirli.-illy In membersiiln nnd ittend mice and tlHribjincrenafrnt. mill's mil Inan dally thes should lend all tho nesistance thej inn and ork In conjunction with tlio boosters' i. jmmlttte Thero nic imny lmportint nntters tbnt h-iie been cons'dend benillclil to nil the loiUrs In kpiitsI ns well ns individual loilum eo It Is n ii isirv for c i'h lodgi to have Its ieprenent-1-tlve nr other member attend all tho meetings of this committee A large ilt legation Is desired to accompany Spring (iirilen Lodge on the Melt tu Star of I tthlehem Lodge next Mondni hUht Mill lodge hid nn r xcnllent IlKtSllltlnn of Its officers by bpeilnl Deputy Lewis A. Mengle Mid si ill c ni ostil of tiioth"rs W H. aifi l i' Smith II A liurllnn Dr r-m A H III llirry .1 Wotrrl. 1" H Itliea and Thomas V Hid tie from Hast I'a k Lodge Hrnth.-r Albert K Try, the retirln.i noble rrnnd was presented with a leautlful emblem In acknowledgment of bis work In the lodge and ihe order In rttienl II otln: Hivmond Winter ,s noble urnnd and 3 It Mill, r ns ico grand mnko n tunning team thit bids filr to bring Hien grcn'tr ruccihs to the lodgt Tho other elective ofllters tmitulltd wire H I. ISInee secretars whi iniirs on his twents -sixth venr at that post. O Heldel Louden, treasurer. John A Weir third m inber of the relit f 'iho ap pointed offliers wire Warden W KUbert A 1 1 IfHnis. conductor tjeorre It nselmsnu it H N a A S 1'irvln I. s N (1 Harry 1'rltsrh. Tr chnplnln J r ed Hnrer, n O Oeori.e t,n der, I (1 . V I. Henrv It S S . II. tl bchulu LBS S II Morgan The address of S I) (1 M Mensle vvns elsborate and effective extolling the virtues of tho home for the aged Odd rellow nnd his wife Aildressis were nadi by the Installing ottlcers and by otner nltini: brethren He- COTTON PRICES JUMP ON ACTIVE BUYING Light to Heavy Frosts in Parts of Belt Send Values Upward M'.W MlItK. Oct. II. The fnllonlng tem lierntiireN were reionleil In the intton belt this iniiriiliigi Nishvllle, 3 1 1 Vslirvllle, (hiit tunoocn nnd Iviiowllle. UU I.lttle linrk, Merliltnn uml H rmliisliani. lit Memphis. Muiiin mill Iteleigb. 4lli iignstii, Vtliint t itnti Sitiuiimlli. 4Ht 1-ort smith, Mniitgoiner, llioiuiisvllle, U llmliikton nnd liii).omltlr, AOt t biirk'ston, u.'i lrl Itlo mill Mikslnirg, Ml stnblle und S.in ntiinln. 5(Ii .slireeietinrt. 36 1 Abilene. ( oriins fhrlstl. (diheston, reimucobi und Linil'ii, bO) Okbiliom i tit) mill Nen Or Icjns, til. NKW YORK. Oct 11. There was a shtip movement upward In the cotton market today on active buvlng duo to light to heavy frosts in parts of tho bolt nnd forecasts of lower tempera tures Thero was talk that a considerable amount of tho staple was en route to New York to bo put Into the stock hero until thero Is room on 'vessels for Its movement abroad. The market opened centrally firm this morning1, with prices from S points lower to "8 points higher October belnE the only position opening lower. Trade was ery much mixed. Liverpool operators both ways and spot houses wero large buyers of De cember Tho early advance was followed by ic actions of 25 or 20 points, but thero wns a good demand nt tho tbcllne December sold up to 20 20c. or 40 points abovo last night's close, while later mouths showed ndvances of 27 to 28 polntB. v ot houses wero buyers of December arid thero wero reports of spinners flxlnc prices, but advices from tho Southwest said that Spots vveiu Dciunb ncmy vst. rinse linen High T.ow I.nst 27 21 211 117 211 4H 211 40 211 4 J 27 03 October --- nA si. 20 7S. jn R.1 21 RS JS. .'.2 21 54 27 50 27 Jl 2fl 50 2(1 70 2.1 111 211 4S HI 110 211 40 21 50 20 4J 23 CO Pecember fanuar . . March. . May... . 8pot 2S. in 2.1 Si I 2 70 25 711 Liverpool Cotton LlVCnPOOU Oct ll Spot cotton was quiet, with prices 35 points lower. Sales 3000 bales, receipts 4300 bales, all American Spot prices were American, middling fair 20.87d; good middling 20.7d; middling 19 72d; low middling-. 29 22d; good ordinary, 18.27d; ordinary 17 77d. Railroads' August Revenues Increase WASHINGTON. Oct. 11 neturns from 153 of the big railroads show revenues for August (292,103,648, compared with $260, 133,379 for the same month last year, while expenses wero 3197,390,473 against 3153,. 816.952, leaving net revenue 534 713,175 this August against 396.316,427 last August Revenues per mile were 31518 this August nnmnnren Ulltb X1S97 : Tnenseit Ipsrs tlnSIt against H5E. leaving- net revenue per mtu 1 ui aui""' "!t"7' fv' '"' w wint i foouin isn jpsmfmu.'- -v Mri ?ii'MdS' i,he "W bsipli M I Uhlan and MMintvLi ?, Jnm?.1 ''heeiwn. Mr 1111,1 Mrs ii..,.vV" Mr .nn1 -Mr" Arthur J Curillngle) lt.irj nnJ "i"ch 0,.", ,r" ' h n'l Hrothers uera or Hamilton laidae from II Jefferls. 1917 freshmenls rr served ana asTeral son seise llpi.s were rendered by Clsrencs r Morgan and bis brother The lodgs fund for enlisted men In the ser vice nf tho, United Stales as growing rapidly and In a short time will be ablt to do the, work for, which It -was created .Tlio Initiatory degree tonight In full form, with ten good husky candidates to rids tha goat Visitors ore always try cordially wel cpmeij In Room E seventh floor, Parkway llulldlnr, on any Thursday night. The following off let r of Purity Lodge No, S.2S were Installed In form last week by Special Deputy Mark Hitter, of Imperial Lodge aided by this excellent staff Noble Orand Hugh ('. Crawford. Vice (Iranil J C McDonough, Finan cial Secretary l!d ? In H Mayhew. Itecordlng Secretary Henry M Hamilton and Treasurer John T (Iregors The new noble grant, announced as his ap pointments Degree master P O K T Ham ilton drill master. P t) John T Oregorvj wardrnbn msster, J C McDonough. and choir master Henry M Hamilton The new degree master and bis executive stsff promise great things In the way of united teamwork effi ciency nnd novelties The noble grand further announced the names of the following brothers to composo the entertainment committee K D Hamilton, chairman J T (lregory. Harry (lraham, ICrtwIn II Mahew J C McDonough Arthur Hohmin and Henry M Hamilton This committee will be largelv responsible for ths social activities of the lodge In n speech. In which he displayed all the eloqencs for which he Is noted P O J C Ttavmond presented the retiring nohle grand. Hsrrv tlrannm with R beautiful gold ring, the gift of the lodge nemarka wri made bv I' O Mark Hitter, P O Dudley Tlce P (1 William Seovllle P O II Hnleer P O It Kornball and P M fildnev of Imperial I.ndg" and llrnthers Henoveee Htef. fno and Lsllv of Waine and-1" O nandolph Hall, nf Columhlan P tl George t'arr. i'urtt s new representai've also spoke Apollo and fleneral Harrison Ixidges Joined In Apollo s room for Joint Instnllstlnn by the stsff front Amclcsn Mar !,odgo Heauttful emblems were presented to the retiring past grand of Apollo by Secretary ft II Mve-a and to the retiring past grand nf (lenernl Harrison by Sec retary Oeorge Vt'lawell. Refreshments and smokes we-e, furnlshel Preparations are on for a ladles' night on October "0 Tho degree staff is getting In shape for a vigorous winter c tmpalgn. Arcturus Todce, No 33 had Its officers In stalled bv f O 1 ewls A Mengle and staff from Hsst Park Txidgo In n very excllent man ner. their work being enloved bv 100 members and visitors, who gave hearty commendation Ihe ofllcors Installed we-e N (1 Nelson He-lng V tl Alhert Rtenek, uecretars Luke Mnull treasurer Pred D. Conner. It H V 1. Tohnson, 1. S . Thomas Itonsnll warden i harles chmenk chaplain. Prank Dill, enn-tii-tor HrothT Oravell Inside guard llrnther Wlngnle outside g-usnl Wllllsm H Wiggins It S 1 John Hnodner L S V O , Daniel Marlln II S 1 r Stuhlmnn L S b Frank Wilson The letting brothers made Interest big addresses r.nd soma of Arcturus members spoke on tliwlv topics The , nt, rtnlnmont committee furnlsbetl nu elaborate spread of reas.nnblo "eats" tbor ollghlv cnfoe,l b tven tlrolher Davis Wright who Is on a diet prescribed hv his phslc!ati but could not rislst the Invltlnx table It wan truly nn (idl Fellows meeting Hast l'ark Iiilge visitors brought the smallest odd Fellow known nnd An turns produced the lire est ono In the person of Pe-ey C Dill who weighs run pounds Hrother Dill was asked why he did not wish to be secretarv, and ho ssld be could get no one to help lilm bilinco the books The Installing staff of Arcturus took a trip with thlrtj -eight members to Upland Txitlge nf Chesler and had a delightful trip Tho staff nlso Installed the officers of Klngsesslng No 300 the work being thorouablv nppreclated Tho Initiator degree will be put on tomorrow night Visitors ore welcome Three candidates were Initiated In Ivv T.o,1tre last Alond iv nlfcht Tho unr'i was warmlv com in nib I N, xt Monday nljht the ri.t decree will I en furred in fu.l f -m In million to lis s ntdiil-ites there in to evril from Walkc- I. dge of CI, im tntown Am mg the vlslto s was llrnther Frnk Col nv of Phllti delnhl l Lodge Phllndi Iphln N V Hrother (leorfce Hetr who hns been sick for almost two vears died In New Mexico The new noble nrnnd Hrother Mann, has plins outlined which should Insure n ver In terestlnir series of meellnirM niirlnir his l,m, Next mo th the thl-tv eighth anniversary of The lodge will be celebrated The lene ed Interest committer has charho of the arraligtments rhllnnthroplc buljo tonferred th, tnltlntnr uegreo on rne member TuestUy evening In which the tenm , xceltrd through the executive ablllts of Degree Master William II Nagle The pa triotic fund Is still srtelllnir bv numbers volun teering to lay the dun of brotheis who have enlist, tl. Preparations have been made by the religious committee for the religious services at the Odd lellowa lloim next SumHv The program ar rnn ed Is 'lh He J Perrv i'ox of the Dev crcaux Memorial M.thodlst Fnlscnpil Church "lib music hv the iholr Mrs V Ii Hansfo il organist Misses Mary llllss ami Sirah A nolrt soloists committeo In clurge William II Niglm Joseph Huhn. Clnrles A Shengle Hlmon 11 Moore nnd (J Vtallun Smith All members of the , rd. r are welcome Hrother Albert - Xonlman hss during the Pst week lsltcd Fox t huso Kxcelslor and other todi.es lit re He Is nlways on tho Job In boostln. Kill Fellowship Hrother Hvan T Jones , Social Ixidgc, Mlnersvlllc. Pa . re ceived a i nrm greetlrg Webome Loilg- No ".jo after the business session on Mondav night retired to the nd Jolnlng cbibroom of the lodge where a very ipuntlful dinner was served Tho tablo dicorn tlons were nrrangeit in such n mann, r as to express tho pstrlotlc feelings of all The din ner wns a pirt of thi vers Interesting winter proainin which the old tluard ' of the lodre his plimud The outlook of Welcome Lodge Is one of the most promising thit has ever hem (enJojed Several applications for membership vi ere reielved and It Is hoped that till thou' who did not att-nd will make It n point to bo nt the next meeting, when more surprises will bo pre sented through the Old Uu ird ' Metropolitan I.ndgo Installing tesm enmposed of P D II 11 .M Piter Olson. M K Clouser Ar'hur Carmll Udwln II Srdcles A Town send A Hlrlke, John Ilently und () Smith InstalKd tho following officers of lndepen Unie Lodge, No ."ii N O . Itobcrt Love, V 11 Joseph Irnlnoi secretarv. William Seiner, trus tie. 1 h steeno warden Charles Hnmlltun conductor Sam i I Pllmt, It s N o John C Schrleher . I. S N U Itoswell Kllcer. chap lain William lirnwn It S S Ilert Mnclc. .' H . l' Armstrong I (1 Oeorge 1 leni !nB , ." j Thomas sears It S V O W Me farlinil. I. 8 V O Smnuel Ferris, organist 1 O A C. Holland After the Installation all present enjoyed the -fE.u .uiuiaiieu uy me noaru ot stewards MONEY-LENDING RATES m:V ioiik Money on tall opened ut 2-s, per cent, hlch 34 ; low 2 . last 3'i , closed 3'i ; rutins rate 3 pr cent The decline In call fundi to 2?4 per cent had tho effect of causing slightly increased business In bank acceptances Member batiks were quottd nt 3 7-163 per cent and non-member cllglbles nt 3"J4Q;3 nor cent I'HILAIini.rillA Call, E per cent, time 505?! per cent Commercial paper, three to four months, SEi, per cent; six months, 5 Via 54 percent FOREIGN EXCHANGE Xnff YOHK Oct 11 Increasing scar city developed today In the neutral ex changes, with the exception of Swiss The market generally was .ery dull. Quotations were: Demand sterling checks 4 75 3-1C, cables 4 76 7-1C, sixty-day bills nominally 4.71U, and ninetv-day bills 4 69 H I'ranc cables 5 7774. checks 5 79VJ, Llro cables 7 76'4, checks 7.77H. Swiss cables 4.08, checks 4 70 Guilder cables 45ts, checks 4&i;, Pesetas cables 23 50, checks 23.40. Itubie cables IE 40, checks 15.10. Stockholm cables 37 ?t, checks 37 Vs. Chrlstlanla cables 32 '4, checks 32. Copenhagen cables 33. checks 31a;. DANK CLEARINGS nnnk clearings today, compared respondlns day last two vears low mm Philadelphia 111 SH7 3S2 Holiday lioston .. 3'i BNS tm Holiday New York r.(t3 221 027 Holiday Chicago . . Ml 018 4111 Holiday Ilalllmore . K no.' 007 Holiday With cor- 1015 44 254,201 3H 4IIJ 110 5IUI 1112 MIS 71.472 000 NEW YORK COFFEE MARKET The market for coffee futures opened quiet today, nt an advance of 2 points March being tho only month traded In! The demand for that position camo fiom a large Wnll street house It may be that private cables received from Brazil stating that It was difficult to get cost and freight offers owing to lack of freight room had something to do with the early demand and generally steadier undertone, but after the first hour a few selling orders appeared and values cased off a couple of points or so. Tho spot demand has been poor, and buy ers are disposed to continue to buy on the hand-to-mouth order owing to the fact that stocks are rapidly accumulating in Brazil Yes'risv'. Open 7 2H 7 so . 7 41) . 7 S2 . 7 73 . 7 Ml , 8.00 High 7 33 Low 7 28 Close ciosa December January . February. March May July beptember. 7 10 7 37 7 2s 7 SI 7 44 7 .12 7.70 7 89 8 03 7R1 7 73 7 94 7 31 7 0S 7.80, 7 42 7 nil 7 H 7 Ml 8.00 NEW YORK BUTTER AND EGGS NEW' YORK Oct. llUUTTEri Receipts K0H4 lllsh scoring. 454SJc axtras. c.uasau';?'..M7; :",: " ". 43 Sdb line Seconal, sissso. IS ItecelDts. 1)823 casta. Hfsvlrst .,...,.. Quotations unchanged - Gold Bars Sent to Chili NEW YOHK. Oct. 11 rioM h l ... araoupt ft im.vuu uae oeen withdrawn from UMAoeay 04rk: for 4hlprnm ' from lha.avhiv t "ss?sli under- f!hletnsH n n. Tsi hail chares of the entertslnmrnt, nnfi , ,.v h,,hw . (kma tvin&i by Hrother Hamuel Dvln and plana fi' vj iirotner Tayior. r a ncnrieber pi i ins renr-nif is vj. .u urenmer. ring on bshslf of the lodge, P O A C Increased the enjosment by one of hi IKIKS ..Merrhants" Lodge entertained, the stalf ivenaerion ixmgs, nn Instsllra lh emei manner not often enjoyed In N. .23. ijiiowing nmcera were .sen ted i nobis P " "ossi vice grand, K A .oroomi tary, Oeorse Vstentlnn. treasurA- H I ton. warden V r. M'ferK-li, conduclof, Lutber It 8 N O , f II Holder, j, ? H "i-v" Smith, ehaplsln, JO n, fUje 1 (1 Thnmns T.sltms- Jr n ri jft penveri It 8 A Durfert.L. P if,, J. Jordan, n S, V o , It M Bakar L. 8. V, c, wwnr. JMSllIC I' tl w, Hsrrv DratKi. sH hoi been Ployed st f'smi Dig was present visitors were p o Harry d'shsm Amsrl- in r Ixidge No. 40S. who mads a rlsasing. dress llrnthers Hresh. Kenderton lidgei Kei yn iohii Henry Dlsstnn Ixidgi (enry Dlsstnn Txidse and llawher nf Clt wi jktiz a neautirut retiring noble ttrai il charm was ind F B I 'harm was presented to jitham. with ting remarks by Secretary (leorge Vslenl! iirotner untnam rnsds an enectivs resm exnresslng hla sillsrsrtlon and vratltune successful administration Tile offlcers of installing staff of Kennertnn Ijoriee wei .lames Kdnirils F'wln Cmutheamel, noscsa Kennedy Thomas M Wonderly, Jr., Herlssrl Hrown, Warren llomlllrr. Jacob LAu Clarence Hopkins refreshments were served. Jllnerva lrfdce had the followlnr ntBeers' stslled b y ins iiescon Loage giant rii oble srsmL J Instonei vice nrnnd. V W rllhsm V lilt inir member nf relif, VV ftchvrtnk secrstanr, A. Ibirglni treasurer, Vf. Horrocks, It Q. t.. A. llnrgln, trustee n tturglni jl B N O., F. Wsnchsrd I, S N O . It Craven, conductor. i' ncnmii. it w v tj . o weii, u v, (1 Otto roftschi chaplain, W Scherers; D. tl II llnrgln I O. luTeir The svorfc.of the visiting staff won hearty commendation and the spirit of the sentiments expressed gave encouragement for success of the admlnlstrai tlon of the new officers A muslcsl entertain ment nnd refreshments were enjoyed v The next reception to the boys In the Gdvn ernment service hr tne executlvo committee svtll r- hem nt tho Elsie nehekah Lodge, 646 Main street. Dsrbr. on Saturday ntsht Thers will be a irood n ograni under the direction of Chair, msn Litchfield. And n repetition nf the suocess at similar evtnts when In the hands of ladles vsrio know how to make the boys feel at home, Temple Encampment conferred the. patriarchal degree on six csndldatee last Tueedas- night, and nl'i continue the vork through ths season. Visitors from California and Rhode Island wtre charmed by tho cercmonv Clnclnnalus Encampment, No 18, held a, wib lie Installation In the presence of 200 members In the Eleventh District, ladles and friends. The elettlve officer of the encampment are: t'hlef tutrlarrh VVsrrcn B Gounder. high priest. Arthur J llothwell. senior warden. Henry rhlllppl, scribe. Samuel L. Trlnce. treasurer, H., (.' tlerrlsh Junior wa den, Joseph (lounder. Jr. The cermony was under the supervision of 1. It (1 I Thomas hltehend who scored a noted success The Installing officers were D O Pa triarch Thomas Whitehead High Triest Wfi. Ilnm Kennedi Senior Warden Ramuel Penler, rrlbe t'hnrles 11 Schafer, Treasurer Jtoberi Krnned Junior Warden Earl Smith and Sen tinel Giiirgn tlummerc The program was made up of selecttona by Encsmpment Orchestra, vocnl solo. Brother U Ostrnnder statistical data Scribe s. I,. Prlncst violin solo Hrother Thomas Whitehead, vocal solos Hrother Harry Umstead and Hrother H. Ostrnnder vlnnlst, Mrs Oebhardt. Refresh ments were served CInclnnatus Lodge, No 20(1. held Sunday serv ices In the Odd rtllnws' Home The sermon was preached by the Itev H M. Thompson pas tor of Olenslde M E church The ringing was by tho largo congregation, and Included a dust bi the Missis Nun and riornes McDowell and a tenor solo bv Ilarrv Umstead. with Mlsa Sal tie Cole und Miss Elsie Keating accompanists. President Ihom-is Slpps expressed his thanks. At the Orphnnage the Sunday services were under tho nusnlc a of the Orand Encampment. The Rev Ijuta Itindnll preached tho asrmon. The music Includ' d u soprano solo by Mlsg Mlrlsm llov, n and selections by the children's qusrtet nnd chnrus Addresses were made by Orand Patriarch Ornreo H Hants and Prea Idint Rt"h.inlsnn, and announcements by Robert Love P f P Samuel s iio.ven presided Ihe following circular letter has Just ben sent out to all lodges In the Stato, To the officers nnd Members of the Subordinate lidge of Pennsvlvinla I i). Ot P. Slnco tho letter of tho grand secretary dated Vugust 2D 1U17 has been sent to the lodges In re.erenee to the levi nnd collection of ths ago) tnld Tellows tnx In which my decision u ihe Ihw was uuoted mv attention has ben called to ineml era who seriously question the dedslnn ns telng arbitrary and In opposition to the nc;. on of the Orand Lodge at tha annual session held nt York It cannot be dlsnuted that the ccnstlttitlnn of the ilrand Lodge as nmended. without an oppoab i ote to provide for an aged Odd Fel lows i la the sovereign law of the order In this Juried! ;!-. Article VII Section S b "That an aged Odd rellons tax of ono dollar per member be levied on each member of the order In this Jurisdiction, ns reported nt close of term September 80 11)17, to le col ectd bv the lodges and forwarded to the grnml sicretary for the purpose of purchas Inc neresssry Isnd nnd erecting home buildings, or enlarging and Improving tho present hom buildings " This nmendment was approved by the Sover eign Orand I.cd-e and Is now part of ths law of this grand Jurisdiction It ccrtalnlv should be plain to alf that when i tax la levied It means charged against the member anil if so charged It will affect his lieneflclal standing If not paid within the time pres-ribetl by Article VII. Section 5, of Jthe subordinate Indtre constitution True at the time the amendment was adopted, a recommen nstlon of tho committee's report was also adopted, to wit "Sixth That the aged Odd Fellows' Ut, as proposed In stennd nrmndment to the constitu tion herewith sjbmltted be paid to the. grand secrotar) In four annual Installments nf riventy the cents rnch tho llrst payment to be mads at close of term In September 1IH7 Provided. That this tnx he rifunded to all lodges that have paid for a membership In ths home at Grove Ity and all lodges bnldlni; membership In the ho-na at Philadelphia ' It is obvious In the desire to secure for the order what we bel!ce to be one of tho greatest ind most beneficial objects nf our order that we lost slrht nf In our haste, of the contra olctory legislation and aa the one la constltu tlonal law nnd the other simply a recommends tlon that ns your Krand master I have no .ther alternatlte than tn mskn mv dselsinn promulgated l the grand aseretnry to you Honeer If ths lodges prefer to cay 'the aged Odd rellowa" tax out of their treasury nnd assume the resranslblllty of extendln to ts members the vri .liege of paying tha tax In four imnu-il pevments that Is a mstter for tie subordinate ledgo to act upon, but It would seem that at this present time, with plenty of ork and prosperous times It might be easier to nay the II now than tho twenty-five etnta and the extra assessment for maintenance In the cnrs to come This Js a time for sacrifice for the future of our country's welfare and a sscrlflce b) eery Odd Fellow to provide for himself and wife with a future horns If. per chance misfortune or other unavoidable cir cumstance would require him or her In their old age to seek a haven of comfort and rest. The amendment further provides that the "tax of tl per member he loiled on each mem ber cf the order In this Jurisdiction, as reported at cluso of term September B0. 11)17." but con tains nir provision to exempt any single member, v et the recommendation adopted, above quoted, has n proviso aa follows r "Provided thst this tax bo refunded to all lodges that have paid tor a membership In th home at Grove City and all lodges holding membership In the home at Philadelphia." Here again, under the constitutional law? all members must pay tho tax, and under the reos ommendatlon the tax to bo refunded to eertaln lodges which at preent holiLmembershlpt In either of the homes imiiUgB This Is cer tainly conflicting leglSIJIJIplBwever. as each member must pay tlirSVmBthe- same Is to be refunded not to ths WsTHer, but to ths lodice of which he la a member; It Is apparent that the lodge becomes the collective agsnt for Its memoers. so ii me ioubs win craw an order for the toMl amount dua Ha members on the roll beptember 30, 11)17, and forward said order to the grand secretarv he will credit the lodgs with the tnx, using the order on condition that the grind lodge at Its next annual session will approve and pass a resolution appropriating the amount to bo refunded bark to the lodges The order must be accompanied by a csrtl cats stat ing In what home the lodge holds membership, filgned by ths noble grand and secretary, 4rttl which must be countersigned by the officer ot ths homo to which the certificate refers Ba that there may be no misunderstanding or con fusion In this matter I desire again to repeat: First All lodges not at present members of either aged Odd Fellow's home corporation must pay to the grand secrtt-arr on or be tors the laat meeting In March. 1MH. II for each member on the roll on September SO, 11117, whether they have collected aald tax; In whole nr part from said member or extended time for the payment of said tax. Second. All lodges holding membership la either of tho homes for aged Odd Fellows must forward to the grand secretary an brder for the amount due from each msmbar tinder the amendment, accompanied by a certificate, duly signed and attested with the seal of ' such membership In a home corporation, countersigned by the officers of said horns, which order will be credited subject to the approval and refunding legislation of lb grand lodge; otherwise to ba paid In cash. In conclusion, may I again kppsal to all eur brothers that they show their loyalty to the order, look to the future and cheerfully respond In the payment ot their II and so provide, If not for themselves and their wives, for these 4 eea fortunate brethren a home In their old ajssf May peace and unity In this great causa char- t t ncterlze our actions Frattrnally submitted v, ROBERT W MONTGOMERY. Q. H. t Other l'ralrrnal Now en Next Faxa I TOO l.-.TK FPU CI.ASHIFICATION DEATHS TILAYNEY Suddenly. Oi JO, CLARA aaugmtr ui ww i mis . uu Mary a. ifiav ubIuiIv, and f r enda and metnbars of tha hi ilroad Street Presbyterian Hunduy School .intlted to aervtivs. Sat.. 2 n m 'at Oliver Itair iiuuaing, io-'if wneauiui st nt prtyfw. I'AUHX il lenwiiFwiii, trn t UlltimHM. Tenth month 11th. EMILY K .widow cf l&SEi Parry Rslatlvss and fri.l.in Invited t nP neral, Seventh-day , Tenth month Ifth, liJk a m. residence of son. Cos rise KPartt. 6442 fryltur st. West Philadelphia, al fiv berry Frienda. Mr Urn; House Csm. wtr.itn uct iu. jiuhauk f, -vvbi a p m at Ollvtr II llalr bids . life at, int. privais 110 IKDINO afrtj hi surstjii jtTOWJI W Jt. ' fTSm velinti va B wit im. B; MB SI? LW4 1 ? tJ ,- X i1 , 8 MY v " Vft K?4 ?&il E&M
Significant historical Pennsylvania newspapers