g
.
I'v.
EVENING LEDGER-PHILADELPHIA, TUESDAY, OCTOBER 30, 1917
)
GOSSIP OF THE STREET-PHILADELPHIA COMMERCIAL MARKETS
1$
lfc
!
INVESTMENT HOUSES TAKING
STOCK AFTER LIBERTY LOAN DRIVE
Trading in Bonds Expected to Become Brisk With
Btraiffruenmg uut of Affairs Disarranged by
oirenuous Campaign
txrow 'that the Liberty Loan campaign Is over nnd tho Investment houses nro
I' stui'llnz to strnlchten out thoii- nrri.... .
" , ... " "' Bomo "cmuiance of what they wero
Mn the campalBn started, there I, a general Impression that i,.i... , ,.,.
l likely to be brisk very shortly.
II I, Goltis to lako some days for the managers and salesman t M, ,,..,. ,
W. d 1" tIle meantime they will find In addition m nthw .1 ..,., - ..
8 -- " utt.in iuvie nave
Ucn big gap, made In the ranks of their trained workers. There will not be any
attempt, ikceiit In u few Instances, to try to All these places till a general stirvev
(f the piesent situation la taken In conjunction with the future outlook
f The camjialKn has beeen n severe strain on many of the smaller houses, which
refund the taking of any business through patriotic motives, except orders for
Liberty oni, una wnicn were at the expense of keeping their whole sales fr
Uthe firing line In the campaign for the whole four weeks without any hope of
recompense whatever. There are, of course, many larco hrm, ,i ..n
,Und this expense without fecllng.lt. but It Is a question often asked, and usually
left unanswered, as to how the smaller concerns have been able to do It Thero
re some who bo so far as to say that "another victory" like the last Liberty Loan
Kimpalgn will bo the undoing of many small Investment concerns.
I No other business li the countrv hn boo., ,.nii,i ...,.. . ,.. ,
u - -"- ....vU .jw.. . iiiunu hucji sacrifices
the Investment houses that deal exclusively In bonds. They have done heroic
service In the placing of the Liberty Loan and their onl reward Is a sense of duty
faithfully performed.
What other business would turn over every employe for four weeks for Gov
ernment service nnd pay them during that time, at the same time clamp down their
ewn business so tight so that it could not Interfere with the Government's plans,
Vhd neither get nor expect anything In return7 The Investment houses have done
this on two occasions, and when the time comes they will do It again but should
KU1W "w " - -..-,--,.. . .w w . "ttwill 1UI UUllllUg.
National Defense Council Mau Place Embargo Veru Soon
That there will be some new financing very soon by a few of the local banking
nnd Investment houses 1h generally believed, but that quite a number of these
Propositions which were almost ready to launch will be withdrawn Is also certain.
It IS not generally known In u majority of banking concerns in this city which
take over such propositions nnd issue securities that the Council of National
Defense at Washington has let It be known that new enterprises which nre not
fundamental to the efllclent operation of the country's necessary activities should
be let alone and not undertaken at present. The fact that every man and every
Resource will have to be employed during the war und that all our efforts must be
'concentrated along lines which will permit of the greatest effort in this direction
argues that tho embargo, if it might bo eo termed, on unnecessary new financing
KrlJl not hurt business or conditions of employment.
The Government has virtually monopolized the market for capital since August
last, and it was thought that with tho second Liberty Loan well out of tho way
there would be quite a good deal of new financing, especially In short-term Issues;
tut It now seems as though such operations which were contemplated will be
Urgely curtailed.
Railroads Insistent on Rate increase
No ono can reasonably find fault with tho Hallway Investors' League, Inc.,
II Broadway, New York, for sending out n letter to the stockholders who are
registered under tho League's banner, asking them to "get busy" with their repro-
lentatlves In Congress, or higher authority, to impress the Importance of the
railroads' claims on tho Interstate Commerco Commission at tho continuation of
the 15 per cent rato Increase caso when It comes up November E.
Tho present plight of the railroads Is so well known, however, that It Is gen
erally believed that the figures to be presented to the I. C. C, both by the repre
sentatives of the railroads and the Statistical Bureau at Washington, will be more
'convincing than any pressure that could be exerted by Congressmen or "higher
authority." It Is almost certain that tho present physical conditions of tho rail
loads and their rolling stock, tho enormous Increase in the cost of replacements for
loth roads and equipment, oven If they could be obtained, which Is now very
doubtful,, tho mounting costs of operation, wiping out the huge Increases In net
lncSmVlA many cases, the" sustained depression In the prices of nil railroad securities
and the utter hopelessness of nny new financing under such conditions at the pres
ent time will result In a speedy and favorable decision for the railroads.
Liberty Bonds Still Procurable
A prominent member of a well-known firm of brokers who was on the Liberty
Loan committee said today that he believed a great deal of publicity should be
itven to Inform the public that even though the campaign Is closed Liberty 4s are
'till on the market and can be purchased at any bank or broker's office.
He said from remarks he had heard and from looking over some correspondence
She had good reason to conclude that tho Idea that Saturday was the last day on
Which a Liberty 4 could be purchased was very general.
There uro many people who, for one reason or another, could not get their money
U1J aft,er Saturday, nnd who Intended bu;;Ing Liberty Bonds and now think' they
are too late.
Municipal Bonds a Good Investment
"What surprises me," said the manager of a largo banking and Investment
house in the central part of the city, "Is tho rush of old, experienced Investors sell
ing; out taxable securities to buy Liberty tax-free 3Hs, when odd lots, some of them
quite large, of good Pennsylvania municipals, both tax and supertax free, are
lelllng to bring 4, 4, and even up to a B-per-cent basis.
It can't be patriotism Is the underlying motive," ho continued, "as the whole
jsub of 3&s have been so d lsng tgo and tho Government cannot get any profit
lut of such transactions.
'Anyhow," he remarked, "we expect to sell a lot of these municipals between
how and Christmas, as they are the most 'leslrable investment a resident of this
Btate can make, in view of tho Income anu war taxes."
Marine Shares Strong Under Italian Reverses
The principal of a well-known brokerage firm said yesterday, as he watched
a general decline on the board with tho notable exception of the marines "I don't
look, for anything but a decline for some time to come. This Italian debacle has
ttrtalnly had Us effect on the market, and no one can say what may happen next.
Nobody expected much from the Russians. They, nt best, aro a conglomeration
of civilized and semlclvlllzed tribes loosely strung together Into the semblance of
a nation; but Italy, the nucleus and the monument of the Imperial Roman empire,
jhere civilization held sway when the remainder of the world was barbarian, cer
tainly we expected no treachery or cowardice irom the descendants of Buch a people.
"But my impression is," he said, "that before this war is over we are to hear
ft many such events, and we may as well preparo to accept them."
Speaking of tho strength of the marine shares, he said that the committee of
,three appointed tq formulate a plan for the payment of back dividends had formu
lated two or thred tentative but no definite plan, but that any of those formulated
.would place the stock around 122.
I Up-State Counties Liberal Buyers in Bond Campaign
Oeorga'K. Itellly. chairman of the advisory committee of the Liberty Loan
lfor 1'ennsylyanla, made, the following statement yesterday afternoon:
I .Based on a total subscription to the second LiDeriy ioan irom tne Third
Federal Reservo District of $366,000,000, the allotment for tho up-Stote counties was
114,150.000. ' t
The returns uu to 12 o'clock noon show $118,375,000, and the full reports are
Jot In, So It would seem that the up-Stato counties will larcely oversubscribe their
ollolment."
Germany's Remarkable Method of Selling Bonds
m Le- Temps, of Paris, calls attention to the remarkable methods by which
S-ermany secured subscriptions to the last German ipan ana aiso recites a numoer
&"e Inducements offered, as well as the difficulties encountered. Among the latter
the-following: I
"The oroDatranda encountered another obstacle. The moneys taken by the
"bllc to the Treasury are not only made' up. of savings or profits, but also represent
i!1 rolling funds of enterprises paralyzed by the war and the price of all the
Jfock which Germany cannot reconstruct In kind on account of the blockade.
"Thaws interested nsk themselves how they can get the money they, will need
?r the war U they lend It to the State. .This problem has been approached by
gYensteln, tho president of the Relchsbank. From the very beginning of the sub
Iptlon he Indicated two remedies One by which only the small subscribers will
fl, to the effect that the Relchsbank will repurchase at 99 per cent every bond
ff value of which does not exceed 1000 mark's of capital, as to me nigner amounts,
asures are considered to meet even yery considerable offers of sale."
JAmong the Inducements offered to large merchants and manufacturers Is the
&Win of a purchase organization which has been planned on a gigantic scale,
e&y the German Government, or a committee acting r . ju .u ,-
at h. ,.i e i, - .nnrmous cuantitles of raw materials at the lowest
M figures and distribute these among he manufacturers at actual cost, so
by getting their raw materials at the lo-vest prices mey ..- u. - ....-
of other countries In the world's market ... . ,. .
TmW wisely adds: "It Utbr business of the Ames, m wn, "t,"" "'IT
n4 all rrkt.. m they are, to eonewt - T"-" , '
to tki .alMiiaa 'raataaaUon of jmhmwium, --'"
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
Qulo'I,fnT7,ifc'l?," 15M31 buhfl.. HUniy.
?rnmV-.n..' -t"r. 'P'", to. export lrvator. llov-
.;" -. iuHra inspection No. 1 a, l.aii
"Va lainf-V' J- 3 "6. 2.al, No. 3 .oft
MB 5i,Kl11 i r'd- 2"l No. 4 ot red.
l:ul " ...'! wheat relatlvrly um trlce m
i-iiixea wheat. !!o oft.l No. n whmti.
th.lr !.!ffl V"1 rmpl." will t IkuM on
No. 4 " ' but ln no " t abovo 1c under
llttla tV.Tili'"''"' 83M bushcli. There wa
Uuotaiinn.rir.fnd.v",u " lely nominal.
uonJfu?i..cr !?" for '"ol "' ,0
No a rtiiSi!""' s5 r J"ow. -j i'onj.soi do.
inal , v ' .nominal, do. No. 4 yellow, nom-
oatii.. V "'"ii nominal.
... .T?!Vr'Pl.. 141. HU4 huihela. The mar-
iilit.1. ' nl . ani1 weaker, with moderate but
"1.1 VV if.tijri.,a"-. Quotations No. 8, whit,
whit, iu(tS.n,1,Cl " 3V tffirtc No. a
Ib in V7t,ec"p.1"- K;i5 bbl"' nd 1.102.fl0
val't... Jlckn demand wn len active, but
oerln,f0n,ro"1,. r,uld "'' un'l moderate
Vlni, ? .te.?,,.lUon "'r 10n lb. In wood:
Hear n.ir,i?RU . "'.I- "0.23010.111). .Kan.aa.
li nr.'' l0l"-3i do, patent, new. $10.7.'.
WnJini 'a!1?"1?' nr,t cltr' ". "lCll.SS.
lu iu .Srf cl,,r' Bw, mill .hlpment. Mo
nat,n'i Vll" ,"t.n, """ "SPlS-BOi aprlnr
inrin. ."'"'. J"111, nHm,nt. I10.IM9J1.S.V
JhnieS' .-?rlJ8 bran'. "1 30W1S.S3; city mill,
rnoi and fancy patent. HI.n0OlS.S5: olty
lnVlllul.r.r,,'" winter Straight. I10.SJ
11 vi" ' iIi'mi",'; " 0-0 0 1 o. 7S.
li7-.kif.WLn.w". 'dlly held. We quote
a. touamj-. 'hlPhicnt. $10010.23, .pot.
PROVISIONS
m.Tek'.r....w..".R f"4r Joln Inquiry and the
2 '5d "rm' U"ltlon: rity b,,f. In et..
ImSkl "d ""-dried, 33c: we.tern beef, In art..
amoKr!' S1fi c"?' frl knuckle, and tendera
C?.?i,ii Hn? . "Ir-drl,,!. 34c; we.tern beef,
knucltlea nnd tender., smoked, 34c: beef ham,
i,i?.-pS2.l?.'"r 3132 1 ham., 8. I', cured,
loo.e, 27',i OSHVkc: do. .klnned. loo.e. 27n27'ic;
do. do. aniokrd. 2SB284,c, other ham., emokc.l.
ui y cured, ni tii brand and averane. a 114 2Uc:
num.. .moked, we.trrn cured, SNHOSP'ir; do.
S..' .""nele.., 48c; rlcnlc .houldera. S. 1'
SiSTii' ,00"'.24e: do. .moked. S5c. bellle.. In
pickle, accordlnir to avern.e. loo.e. 33c. break
5n!l . co,ni "" to brand and average, city cured.
?... lir"'kf' bacon, we.tern cured. 40c; lard.
XT. .n rfln1.. tierce.. 8lc: do. do. do. tub..
-c. do, pure city, kettle rendered. In tierce..
-Uc, do. pure city, kettle rendered. In tub., 2c.
REFINED SUGARS
.v.!len.n'"'k't ru'd firm on a ba.l. of 8.8Bc for
extra fine granulnted.
DAIRY PRODUCTS
mJllJTTE,, Th( market ruled .tcady. but de
mand wa. only moderate. Quotation.: Wel
4iiuo .idlpacV.rt.. ""mery. fancy .peclal..
IhJ c' on'1". 41042c, print., nearby, fnncy.
.-.".'"A'il .." .0W.Ci nr.t.. 4445c:
bing at' .11 Ta4c:' "P"'" Urana' ol prlnt" J0D
:;"";.i r ", nearny nwt., i.20 per
I.",.. "... current receipt.. $12 00 per
rxifV nV.",2d",lM;.5SC'u M 'r J we.tern.
extra nr.t.. $18.20 per cn.e. nr.t., 12.00 per
.?e.e-'..l'ol", "'MO 11.85 per nii: refrl-.I5.'ett.5Wl.1'.1,-'
'"r ' "r. "O.S".
?obMn'.?l!i"li?',,o0-;lfl; f!!ncy lt,cl egg. were
J0T.b.1,n1?c.",t..32fiJ3c per dozen.
eraii nfr.,iw"" 9,U,J ;ut ""dy under moil
5f?nm "oI1.?" , uotation.: New York, full
to.fn5i June, 2(lc. .pecl.l. higher: do,
eii.i' tl"5m"d.'- ,et here, 23Jf24c. do, do
Jre.h-miide. fair to good, 22023Kc.
POULTRY
Hn";? offering, and a fair demand. Quota
fanev T.I'a ?, to box' "'Ilk-fed. dry-plcked.
SVP- do'c.1h.7,,! s, weKflng 4H lb., kplere.
S? lU n '5-'.n,: 4 'o5' nl"c'- -,,c: d, welh
ES. "J,-.j?piec; 2.5c'. do- welghlnw 3 lb.,
apiece, 23024c fowl.. Iced, in bbi... fancy, dry-
w,lah1 'iV,"MnK, 4H ,!?" "nd over .,p?ce. 20c;
nMn.4.i'"'Jai,;f! sr!c "mailer .lie.. 20084c
li L-"1 ,.r";r5r"plcked' -,c- broil"", welghlnit
cSla faSv.vPl5?,e1(or"'L '"no-. 838Ho: Vlr
f,l.n.,a;,n,an,:7fe.e!8.3..?'f nearby. 2&S0c:
,iiii,i- I",r"vMJ.'""'l". cnicneni. we.tern,
ci 11. urs 1 . aii nr :-rt n.AtaB. - i . . .
war; m.. hwj,, - y.rrri ""." ".. .". ueia.
.. '- . v . Buiiic-nB. siirinir. w sn n
lb., per pair, $1.13: .mailer i. tii
S"iSi,.?s"l,5-,aH!JW5.1iJ3 .'! P" aiV
do. weighing; 0
IVMlffhlnw U 1...
... ...ut.iH. m n 1 ' tv. '
l. .,r,,tiK . U,
$505.50- do. weighing 8
per doz,
10 lb., per iloz..
per do... I44..10:
w.iahinf .rsftu T.:: 'v. I"- t2-i"5t-ii qo,
..i: .T ..TL' -"- li uu., z. iniujx.iiu
'lark. $1.03 jf 2.50
MVB ruled .teady
do, amall and No.
ScO
under moderate offer-
. --- -j- -.--r -m . uiiurr I
..e'.nl.,rta" wa' 0-ul"', rhe quotation.
Jr.? " l' 5" b, .W "' A" A""?I 28c ."re
are
mit-
"nner. lo20c: di, .prlni. 213' turk.v.
Slir SioV'-lo".''' "aMc; Pigeon.. old.' per
pair, . lifl'Oc. do, soung, per pair. "Ofl""Z
FRESH FRUITS
Peaches were dull and easier. Other frulia
wero generally .teady. Quotation.- AooVi.
per bbl oJnathan. $53.suT King jvan
Twenty.ounce. J4MH: Wealthy. $S5.50- Hub-'
bard.ton. $3S; Oreenlng. $30Bi IiucnVaa
.'??4;Pi);.,Ialdw'n. '304701 Rome llJautv
$4 61105.50: Stamen Wlne.ap. $45 so
Orlme.' Qoldcn. $3ll: Starke. $aos- Viil
4.23: lien Uavl.. $304; apple., we.tern per
boxWonath.n, $1.5O0d.Ru; winter llanaSa
$1.750S.T3i Grime.' Golden! , ll.SOOsfss! aSSle"'
nearby, per hamper. nc8r$1.30: do do o.r
S-bu.hel ba.ket. 25c $1 SX Quince, f&w
York per bbl., $304.50. ImoV.. per bo"
$25. nanana.. per bunch. $1.5or2 75
Orange.. California, per box, $205.hn. Qrap.l
fruit, Florida, per box, $304 so, pineaonle.
Porto Rico, per crate. ta.BSOa. Orapei T New
York, per 8-lb b.k.t. fl16c: do, do? per 15
lb, ba.ket. 30 05c; do. Callfornli Toki" i,r
Sr,..'."J!i dot L-alifornla Ma aga, per crate.
$101.73: do, iallfornla Muacatel. per crate
$101.50: do. California Cornlchon, per crate
$1.7502.25. J'rune., New York, per 4-qt. b..:
ket, 150300. num.. New York, per 4-qt. ba.
ket Dam.on. 25083c, Green Gage, 20080c;
plum.. California Gross, per crate. $1 2302
Cantaloupe.. Colorado, per fUt-cratc-Whlte
rind.. $1.2501.76. P,ache, New York, per
bu.hel-ba.ket. 23073c; do, do, per 14-lR-qt.
basket, 2O05Ac; do. California, per box, 5Oc0
$1. Pear;. New York, per bu.hel-ba.ket Dart
lett. 7ScO$1.50: Seckel. $204; pears. New
York, per bbl. nartlett, $405: Seckel. $O0S;
pear., New York, per keg-, $3.3004.30: do.
California, nartlett. per box. $203.30. Cran
berrle., Jersey, per crate, $2.2303.25; do, do.
per bbl.. $0011. Strawberries, California, per
pt., 15023c.
VEGETABLES
Potatoes were quiet and barely steady. Other
vegetable, were quiet nt revl.ed figure.. Quota
tion.! White potatne., Jer.ey. per S-bu.hel
ba.ket No. 1. OOc0$l: No. 2. nO07Ocj do,
Jer.ey, ner 150-lb bag, giant.. $3.8003.75: do.
Rer bu.nel. Pennsylvania, fancy. $l.BO01.75i
w York. $1.50; Jer.ey. $1.50. Sweet potatne.,
Jer.ey, per H-bu.hel basket No. 1, 113080c;
No. 2. 33050c. Celery. New York, per bunch.
1O0HOC. l.ettuce. New York, per box, 6Oc0
$1.75. Cauliflower, lionx Island, per box. $20
2.50; do. New York, per box, $202.30. lirus.el.
nrout.. Ixmg I.land. per quart. 10010c. Wnt.r
rrex, New York, per 100 bunrhe.. $1.7502.50.
Rggpiant. Florida, per box $3.2304. Cabbage.
New York, per ton. $88045; do, Danl.h. .eed
rer ton. $40050. Onion. Jer.ey. per hamper.
1.5002: do, Orange County. N. V., per hamper.
$1.3002; do. New 'Jork. Ma..arhusett. Ohio
and Indiana, per 100-lh. bag No. 1. $2.7503.23;
No. 2. $1.7302.50: do. California, per 100-lb.
hair. $303.50, Mushrooms, per 4-lb ba.ket. $1
01.75.
NEW YORK BUTTER AND EGGS
NEW YORK. Oct. 30. BUTTER Receipt..
10,027 tub.. Market weak. High score. 44H
43Hc: extra. 44V044c; first. 42.i041c; sec
ond. 41042i4c. . .
EOGS Receipt.. 11.081 cases. Market
.teady to Arm, Storage firsts. 33034c:
white. 7075ci brown. 50000c; mixed. 4848c.
Other grade, unchanged.
CLOSING LIVE STOCK PRICES
CHICAGO. Oct. 80. HOGS Receipt., 17.000
head! tomorrow. 23.000 head. Market atrong.
25c. hi. her Rulk. $15H)018.BO; llaht. $14. S3
010.90; mixed. $i5.R5lil.93i heavy. $15.15
10.110; rough, $15,15015.45.
CATTI-K Receipt., 10.000 head. Market
"'sHE'EP Receipt.. 14.000 head. Market 10
25c higher; $12.33. iJimbs, $17.50.
KANSAS CITY. Oct. 80. CATTLE Receipt.,
18,000 head. Market steady. J
tlOGS Receipt., 11,000 head. Market 100
SHEEP Receipt.. 7000 head. Market .teady.
SOUTH OMAHA. Oct. 80-;HOOS Receipt.,
2700 head. Market 15025c higher.
CATTLE Receipt.. 0600 head. Market active
nHHEEpij-Recelpt. 15.500 head. Sheep and
fat lambs 25c higher; feeding lamb., steady.
CHICAGO BUTTER AND EGGS
CHICAOO. Oct. 30. KOaS Receipt.. 11.687
rases. Shipments, 0330 cs.e.. Firsts, 37 Vt O
38ViC! ordinary nrsts. 30037c! miscellaneous
cases returned. 33037c: miscellaneous, case.
Included. SSOSSc: dirt Us, 2D032ct checks, 210
80c: extras, filler.. 43c; carton., 44c.
HUTTRH Receipt.. 1,044. 000 pound.. Ship
ment.. D40.000 pound.. Extra.. 48cr extra
flr.ta. 42ci flr.t., 80H 041c: seconds. H O8II0;
ladles. S7HOS8C! process. S9Hc: packing-.tock.
8rt037c; price, to retailer, tub., 40c; print.,
46c,
DIVIDENDS DECLARED
Scolt Paper Company, regular emlannual of
Stt per cent on preferred. payaDia November 1
AJnlon American Cigar Company, quarterly o
1 Prni.UI. W..riw. u,.w .UTClUUfr
to toCkhoiarrs 01 rcoru wovjiriDfr i.
M. -. imt art nt IV r
13
11.. r. Co.. qu.rteny or 1 per cent on
preferred, payable December 1 to etock of
record November IB.
American w .,...w..w vw......, ..,
r i.v on pi.tviiva, liayaoie
ock of record November 1.
regular semi-
quarterly of 1 per cent on preferred.
UHV.mhar IB Id BtOCK OI reCOrO ,
Fourth Street National Rank,
Fourth street national iiang. regular .emi
annual of 1 per' cent, payape November Ic
yeippwr tw -w . nwm. i-.ifu
GOVERNMENT'S LOCAL
MARKET REPORTS
Thh ilnitu report to sent out by the
fltircfiu of ,1arfcflj of the Vnlted States
Department of Agriculture, Philadelphia
branch, with headquarter) at 300.313 In
surance Kxchanoc Building. Cell Telephone,
Lombartl 717.
t.sTd'on".,r..priCf' n l.rg, lot. te- Jobber.
c.ta on .ale. at the various railroad depot..)
FRUITS
York T-iti?"P'r ,,bl- "-3 ou.rter pecks), New
5 tii?!";rnt'ount'- "A" frade. 24 -inch. $4ti
tncl?rtin.n., .u.n?!;,,d, M.52.:: Alexander..
V,,L"Vi"-. ?s-?3-,, Virginia, and Pennsylvania.
hU-h.J '"VT'J."'- 1 A de. 24 -Inch. $4.25, few
lien iS-,K.b,".r.l.,.on" "A" rA'- 2'4-mcri. J.
'' !,'" . Rr,"l'. 24 -inch. $303 30
I...".?1'. 2 0.2 fill; Staymsn Wlnc.np. 'A"
"' 24 -Inch, best. $5 25. i-eie drops. $4.50:
,r-nAV;?iJ?"; m'""1 sr.de. und slxe, $204.
$2 r"3 UCHRIES New York, p.r 32-t. crate.
j,.nA W5JlTXN'',v yrk. Per 15-lh. ba.ket. Con
cord., .,0000c: per S-lb. ba.ket. Concord.. 140
l'KATllV,u. V.lr U.-t... . .. ,...... fl 1 n
1. ...- ,u,n. nrinri, per uumn .,
. '..i,u.ar.,f.r Jecks). $aJ Jer.ev. per H -bushel
PEACHES V.. v.i.
Quarter nerke). Kit..-.. ' nttfiT
nililjy5!t!irw Vork. per 4-qt. ba.ket. 124c.
Ql'I.NCES New York, per bbl., first.. $4:
seconds, $2.
3TRAWHERRIi:S California, per pint. 150
VEOnTARI.ES
I1EANH Nearby, per S -bushel ba.ket (0 to
10 quarter peck.), lima., none; green. $2.50;
south Carolina (green), per bushel hamper, no
arrivals.
HURTS Nearbv. ner bunch. $202.50.
, intUHSEI.a SPROUTS Inc I.land, per qt..
tvvi 1 sir
AntlAOn New York. ptr
CARUOTS Nenrby. jifr S. -bushel basket (8
per box (II
per crat (1
per blithe! (14 to 1S
ton, domes tie.
SUBSTANTIAL LOSSES
RECORDED ON CURB
Unsettled Condition of Security
Market Generally Has Disturb
ing Influence on Values
to I) quarter reck.). 3(114 (toe.
CAl'I.IKI.OWT.R- Iins I.land,
to IK heads). $2.50; New York.
uozen i. i,.,i.
t'KI.KllY New York, per bunch (12 .talks).
llKn 5.V.
KOHPI.ANTS No arrivals
. l.KTTUCi: Per box (two dozen heads). 50c
$l..Mi.
Ml'ftllllOOMH Nearby, per 4-lb. basket.
$1 85 1.30.
ONIONS Per 100-ili sack vellow.. New
York. $3, plcktrr, $1 (15: Indlnnn. $3: Massa
chusetts, sumo ixjor condition. $2.50W2.mi.
PARHNIPH Nenrhy. per 4 -bushel ba.ket (!)
quarter pocks). 50WU0C
I'npPKIlH Nearby, per -bushel basket (8 to
10 doren) 25W50C. . l
POTATOKH Nearby, per 4 -bushel basket (33
lb. 1, M)cf$l, .eroniN. 0nifr75c; Pennsylvania,
bulk, per bushel (00 lb. ), round stock. $1.(13
1.75: Now York. $1 nil: few higher: Jersey
(ll.nts ir.n-lh. .nek. $3.40f3.llO, mostly $3.50.
IM'MPKINS Nearby, per 100. $302(1. , .
SPINACH Nearby, ner 4-bu.hel basket (0 to
10 quarter pecks), 2,W83e. , . ,
HQl'ASH Nearhy. per -bushel basket (20
to 30 squash) 4R'l-.0c. . . ...
SWEKT roTATOI38 Eastern Shore of Ir
irlnia, per bbl. (33 to 40 quarter pecks), firsts,
2 r.OifrS: seconds, no sales; nearby, per -bushel
basket (8 to n miarter pecks), first vellow.,
U3S75r, red.. 73HTK5C: seconds. 354.,c.
TURNIPS Nearbv, per 4 -bushel basket,
whites. 33W40C- veliows. 50(if(13c.
WATKRCRHSS New York and Pennsylvania,
per bunch, 14 tfT2e.
AUCTION HAT.KR YKSTBRDAY
ORANdl'.S Large .lie (10 to 12 doien). Cali
fornia Valencia.. $2.5i)5o. medium. (14 to
IS doren) $2 4005.00; small (20 to 27 doien).
"oBArEFRL-IT- Florida (01 to 00). 11.83
4 'GRAPHS Per crate (24 lb. ). Toka, 75c
$1 r. Malaga.. $1.()3ff 1.5;'. ., ,CTo n-.
APPI.KS Per box. Jonathan. 'I;",2-1.'.;,-i'EARS
Per half-box. Winter Nelils. BOS'
03c.
MONEY-LENDING RATES
NKW YORK Money on call opened at
4 per cent: high. 1; low. 4; last, 4; closed,
4 ; rullnir rato 4 per cent.
The market for tlmo money was reported
.,i.. iiii. rfl not notHbly chanced nt
r.Vi per cent nominally for any period over 1
sixty days on goou niixuu. ..uu rj lu
cent on Industrial loana and prlmo
mercantile paper.
Trlme bank ncceptances are Inactive at
B1 per cent for Inellglbles and 3?i nnd
iU on ellglblea.
I'llILADELPIIIA Call, 5 per cent; time,
EWE; ner cent. Commercial paper, three
to four months, 5HH per
months, BHWu. per cent.
Nnw TonK. Oct. 30.
Tho unsettled condition of the security
markets generally had a disturbing Influ
ence on values of Curb stocks and bonds
nnd during the first half of tho day sub
stantial losses wero sustained ln a number
of the lending Issues.
Cities Service was ono of tho most prom
inent features, selling 200 to 200. the low
est price touched since the readjustment
w.is abandoned, nusslan bonds were also
extremely weak, the CHs selling at G9 to
08, nnd the 6 4s at 69 to 67. both new low
records.
Interest was nttnehed to Triangle Film,
which held firm, while nearly all the other
Curb Issues declined, selling in the first
half of tho day nt 1 to 1 1-16. Aeroplane
stocks wero fairly steady. Wrlght-Martln
celling 8H to 8H and Curtlss ranged from
30 to 294.
Inter-I.ubo CRemlcal nlso was well held,
selling nt 3 4 to 3,. Aetna Kxploslves
was quiet, with sales nt 6 to 6i. Air Re
duction sold nt 80.
OH stocks were genernlly heavy. Mid
west sold nt 134 to 132 ; Merritt sold at 32U
to 304 1 Northwest nt 86 to 82: Osage at
to 7 : Oklahoma Producing nt 7 4 to 7,
and International Petroleum at 12 i to
12H.
Mining stocks were Irregular. Magma
broke from 404 to 344; Mason Valley
soIl down from 4?4 to 4 4. and Hutte Cop
per and Zinc declined to 74. Emma Con
solidated sold nt S4. nnd Jerome Verde
nt 1 1-16 nnd 1. United Motors at 19 and
19V4, and Chevrolet Bold at 71 to G8. Sub
marine was traded in at 16U to 15.
cent; six
FOREIGN EXCHANGE
NEW YOHK, Oct. 30. Tho foreign ex
change market was featured In the early
decllnlngs today by a further break by
threo to five centimes In Italian exchange,
while guilders presented firmness at a
substantial advance nnd there was con
tinued scarcity In Scandinavians with a
rise to ew high figures. The break In
Italian exchange was. of course, obvious
on account of the decided reverse sustained
by the Italian forces and the critical situa
tion developed thereby. Sterling and francs
held steady.
Quotations were:
Demand sterling 4. 76 3-16, cables 4.76
7-16, Blxty-day bills nominally at 4.714,
ninety days 4.69 4.
Krano cables 5.72, checks 6.71 ?i.
Lire cables 7.73, checks 7.96.
Swiss cables 4.60. checks 4.63.
Guilder cables 15 "-i. checks 45.
Pesetas cables 23.60, checks 23.42.
Ruble cables 14, checks 13?;.
Stockholm cables 414, checks 41',.
Chrlstlania cables 354, checks 30U.
Copenhagen cables 36, checks 35 i.
BANK CLEARINGS
Rank clearing-, today compared with corresponding-
day la.t three year.:
1B17 1010 1015
Ro.ton $40,833,057 $44.SH0.304 $30 8711.702
Philadelphia. 55,153,(157 4S.184.B10 Holiday
New York...010,N76.S35 73N.H17.7DO Holiday
Reserve Banks' Discount Rates
10 or Over 10 Over.10 Over 00
less, up to 30. up to 110. up to HO.
Boston 84 4 4
New York 3 4 4 4
Philadelphia ..84 4 4 4U
Cleveland 34 4 4'i 4V4
Richmond ..... 4 4 4
Atlanta 4 4 4 4iJ
Chlcaso, 3', . 4 44
St. Loul. 3 4,, 4., 4
Minneapolis. ... 5, 34 sH 4H
Kama. City. . . 44 44 44 44
Ualla. 4 4 .4
Ban lTancl.co. . 31. 4 4',-j
Aaricut. Trade acceptance.. Corn
Over 00. Up to (10. Up to 00. modlty.
Ro.ton 5 34 34 34
New York..... 3 34 sv
Philadelphia .. 44 34 34
Cleveland .... 5 34 4 4
Richmond .... 4 '4 34 34 54
Atlanta 4 34 54 34
Chicago 5 , 34 34
St. Lou!" 4 4 :i ;tj 4
Minneapolis ... 5 34 34 54
Kansas City... 5 44 4 4
Dallas 44 34 84 S
Ban Francisco. 54 34 34 "34
Up to thirty das; over thirty to lxty. 4 per
rent; lty to ninety. 44 per cent. oer ninety,
C per tent.
Financial Briefs
The New York Subtreasury gained
J271.000 from the banks yesterday, making
i cash net gain since Friday of J190.000.
September gross earnings of the Twin
City Rapid Transit Company were $819,
500. compared with $854,747 the same
month last year. Net for the month de
creased $57,186. Nine months' gross was
$7,732,106, against $7,594,888, a gain of
il37,118. Net for the period decreased
$274,966.
The New York Stock Kxchange has
stricken from the list the following secu
rltles: Chicago, Ttock Island and Pacific
Railway Company capital stock. Missouri
Pacific Railway Company. Bankers' Trust
Company certificates of deposit plain and
stamped for collateral trust forty-year 4
per cent gold loan due 1945.
Cotton Buyers and Sellers
NEW YORK. Oct. 30. December Mit
chell, McFadden, Martin, Wilson and Low
ensteln bid; Newman, C. Ultkn, Hardcorn
and Russell offered.
January wachsmati, W. Uumoens,
Hentr, R. Hubbard and Hardcorn bid; Hy
man, Hardcorn, Cardosa, Lester, Rountree,
Newman, Lowensteln and Geer offered.
March Pllnn, Wilson, Schley and Cone
bid; Hyman, nountree, Martin, Wilson and
Downs offered,
July Rlordan and C, Hicks bid; Free
man and Deardsley offered.
August Hardcorn bid; C. Hicks offered.
Falling Tree Kills Boy
X falling tree hit and killed five-year-old
Allen Rosendorph, of Limekiln pike and
Johnson street, while he was walking
through woods near Ogonts avenue and
Washington Ian. Workmerf ofcoutM a
warnliujc 'tB t0 ve th x W tf
INIir.STRIAI.S
Rid
Air Reduction , 73
Aetna Explosives 6"
Am-Dritlsh Mrg 5 '
Am Mnrconl jaj
American Writing Paper a Vi
Canadian Car Co 17
Can Car & Fdy pref . ... 47
Charcoal Iron 7
Cbevrolct Motors (19
Cramp 10
Curtlss Aeroplano 2!
Cnrwen Tool ,. K
Carbon Steel 73
Emerson Phonograph ... r.
Federal Dye 5
Hendeo Mfg
Inter-Lube Chem ail
Kathodlon Uronze pref.. V4
Lake Torpedo Boat .Ii
Lehigh t'oal Sales (15
Lima Loco 60
Mnxlm Munitions
Marlln Arms on
N Y Shipbuilding so
Nor Amer Pap Pulp
Otis Elevator
Peerless Motor
Poole Ens
Redden Truck
Scrlpps-Booth
S S Kre.ge w 1
Standard Motors
Steel Alloys
Submarine
St Joseph Lead
Todd Shipbuilding
Triangle Film
United Profit Sharing. .
U H Steamship
United Motors
United Sugar
World's Film
Wrlght-Martln
Zinc Concent
2
47
11
70
15
IK
80
R
15
70
1
M,
8i
14
30
7T&
1
STANDARD OIL
Illinois 200
Ohio 310
Prairie Pipe 247
h 0 cal so
Yes.
A.k
83
5
10
.1
3
21
A
71
80
30
10
HO
5 Ml
10
15
3
'4'4
70
33
V
100
35
.1
60
14
HO
clo.e.
(Sale)
78
n
30
10
23
?.
iVi
Air
!I0
9
15V4
mi
80
1
4
my.
33
4
R
15H
STf.
V4
8 O N J.
SON Y..
.530
.238
208
330
232
223
635
243
208
230
INnnPKNUKNT OIL STOCKS
Barnett Oil & Gas 1 la,
Cosden & Co 7T 8
Elk Basin k 't
Federal Oil 3 3H
Inter Petrol 12 lg
Houston Oil 17 20
Merritt Oil 3 Hi 33
Midwest Rof 130 133
Met Petrol 1
Ohio Fuel 15 18
Oklahoma Ref 7U -4
Osage Hominy 7',i 7
Rice Oil K
Snpulpa Ref OVi p?i
Sequoyah 7ft 1
Sinclair 15 17
United West Oil ,7
MINING STOCKS
Alaska Standard 6
Atlanta 7
Big Ledge 14
Blsbco Copper (a pros) . . )&
Butte Copper & Zinc... Yi
Butte New York 4
Cal & Jerome 1;
Con Ariz 1
Emma Consolidated ,V
First National 2
Ooldfleld Merger 4
Goldfleld Cons 40
tlolddeld Florence 10
lloldfleld Kewnnns 13
Oreon Monster
Hecla Mining 5
Howe Sound 4 Vi
Independence Lead 6
Jerome Verde 1
Jumbo Extension Ill
Magnate Copper "i
McKlnley-Darragh, 55
Magma Copper 38
Mother Lode 32
Minos Co of America. . . "5
Nevada Hills 5 .
Nevada Wonder 1
Niplsslng 8
Ohio Copper il
Rny Hercules 3 V
Stewart 0-33
San Toy 10
Tonopah 1- xtenslon 1
United Verde 30
West End Con 70
White Oaks
White Caps il
Yerlngton 13
BONDS
Bethlehem 6s D7i
Cosden Oil 6s HI
Cosden & Co 6s HI
Cudahy 6s 01
Russian Govt 5,is .... 57
do 6M1S 67
Southern Rwy 6s 00V4
Sinclair Oil 6s 03
Todd Shipbuilding' 6s... 100
13
0
li
ifi
1
US
1
94
2
(1
45
16
15
"i
5W,
4
fl
20
V
50
in
31
1
10
Hi.
8Vi
1
3,i
it.
13
2
35
It
li
3
12Ki
130
1!
7K,
7
ft
H
0
114
"V4
'ill
Hi
2H
5
40
I
20
42
33
II
0-32
70
08
H(l
88
07
60
70
5i
103
07
LOCAL MINING STOCKS
TONOPAH STOCKS
Jim tlutler
MacNamara
Midway .........
Mltpah Kxten.lon
Montana
Northern Star
Rescue bula
West End
Did
. .. .78
. . . ,23
. .. .Oil
. .. .0
...'.14
. .. .07
... .14
... .67
OOI.DFIEI.D STOCKS
Rlue Bull
Rooth
Dlamondfield B B
Daisy
Kewana.
Sandstorm Kendall
Sliver Pkk
MISCELLANEOUS
Arizona United ,20
Nevada Wonder L70
Tecopa. Mlnlns 25
.01
.03
.02
.02
.07
.01
.01
.14
Ask
.80
.23
.1(1
.08
.18
.OR
,111
.70
,03
.05
.03
.03
.00
.02
.02
.15
.25
1.80
.28
Granulated Sugar Unchanged
NEW YORK. Oct. JO. The refined
sugar market continues unchanged, with
American, National and Pennsylvania
companies quoting fine granulated at
8.35c. Tho latter company, however, is
not accepting buslnes. The Federal and
the Warner companies and. Arbucklo
Brothers remain withdraw!- The last
aaV i Wt Cuban raws w?tt ,?0e.
EXPAND EARNINGS, BUILD VALUES $
TO SUCCESSFULLY BINANCIJWAR
Expert Declares U. S. Must Not Make Germany's
Mistake Saving Should Be Doubled and
Credits Increased ' ji
The Philadelphia News Bureau today
publishes an article on how to finance tho
war to victory from the pen of C. W. Bar
ron, publisher of tho Philadelphia and Bos
ton News Bureaus. Mr. Barron writes In
part:
When Judce Onry told the Japanese com
missioners nt Mayor Mitchel's reception to
them In New York City Hnll this month
that the I'nlted States could put one hun
dred billions into the war for human free
dom, Rome eyebrows were lifted In aston
ishment. Vet Judce Gary only uttered a truth
which close students of the Federal Re
serve not had not deemed II good policy
to proclaim.
Judse Gary's one hundred billion for the
war is not tho surplus Income of the coun
try, even over n series of years. It Is tho
credit that Is available for a united bank
lriff power, nnd a united citizenship, sup
porting the Federal Ilcfcrve bnnldnir power.
Kconomlsts tlRUre that the annual savings
of 22 000.000 families in the United States
am nbout J250 per family per annum, but
tho larger part of this sum comes from a.
small minority of InvestliiR families.
Of this sum of nnmi.il savings, not ex
ceedlnc six billions per annum, less than
half Is nvnllable for .Investment in public
securities, utilities, transportation, etc.
A considerable part must be Riven to
home needs. The farmer saves from his
crop, but he must build a new barn. Tho
manufacturer saves from his profits, but
to hold his business must expand It.
The rent Investing field for surplus funds
In this country has been ln connection with
transportation, yet all tho railroads of the
I'nlted Stntes. which have probably cost
more than twenty billions, aro sclllnft today
for less than fifteen billions They need
ono billion per annum of new money to
maintain full service for a crowing coun
try, but they cannot get It under cither
rates or leRal restrictions Imposed by State
or Federal authorities, nnd transportation
in the United States has for some years
been measurably decadent. But the alzo
of this field shows thnt thero has not been
three billions per annum available for re
investment In stocks or bonds ln this
country.
And now Uncle Sam has levied an addi
tional war tax of two and one-half billions,
and, before It Is paid.' he tells his children
to invest ln war bonds by tne niiiion.
KXPANSION MUST FOLLOW
There nro only two answers, nnd both
must bo had to meet tho situation. There
must be expanding profits and expanding
values, and thero must be heavy borrowings
under tho national banking and Federal Re
servo systems.
All this borrowing to carry Uncle Sam's
financial burden ln the form of Liberty
Loans Is dangerous Unless assets In trans
portation and other public utilities and ail
Investment fields are conserved nnd built
up. In other words, earnings must be ex
panded and values must be built up In this
country behind Uncle Sam and his Liberty
Bonds. If It is decreed that this is Inflation,
tho answer must be that contraction spells
disaster, nnd we have contracted values in
this country, especially In the transportation
field, by many billions, and they should be
promptly restored as the foundation for
war loans nnd the prosperity necessary for
a successful war. You do not win wars
with shrinking assets, but you do win them
with expanding values expanding values ln
all fields where live and work tho heart nnd
hand nnd brain of man.
Let It not be forgotten that the two and
one-half billion paid In taxes next year
from this year's profits will be deducted
from next year's earnings, and unless there
are expanded profits nnd expanded values,
our war finance will be on a dangerously
contracting base.
The sooner a few wholesome truths are
understood, both locally and nationally, the
safer will be the cause of liberty through
out the world, for the United States and
her credit resources, ns well as her men
and munitions, aro today the reserve power
for Liberty.
Economists figure that to properly sustain
the continuous burden of war our savings
must be put up from six billions per annum
to at least twelve billions per annum.
If we put Judge aary's one hundred bil
lions Into tho war we must prepare to raise
the Interest to pay the cost of the ttw
loans. ft
Germany Is bankrupt today because WW
promised to make Paris and London nay
her war bills and she Is meeting the In
terest on her war loan., not from taxes or
income, but, from new borrowings. She Is
fighting the whole world for a gamblers'
stake of make or break,
,The British Enlplro has carefully planned
her budget rtnd every year raises by taxa
V" more than the Interest on her war
debt. Sho thus maintains her credit. '
The United States has plunged In fora
war tax prpgram that exceeds) In manx
respects the war burden of ahy' other na
tion, even nfter three Trs of war,
Grent Britain wisely pdopted the policy
of expanding 'VnluV and graduall taxation.
We have jumped Into the war with a stag
gering burden of taxation that has yet to
be met. and If not wlse'y dealt with It may
result In stnggerlng consequences. t
The one great advantage- In the war lax
bill was the bringing down of the tax to
every person with a thousand-dollar Income,
The bill thus, reaches the highest and the
lowest, and permits' a United' patriotism.
The tax upon Income has substantially ex
hausted Itself, until values are again built
up.
MUST TAX CONSUMPTION
After Inequalities In the present bill art
adjusted by the Incoming Congress, the
next measure of taxation must be that upon
consumption. Nobody complains- at two
or three rents a pound more for BUgar.
provided he can get the sugar and the
wages to pay for It. War demands pro
duce tho wages, and when the sugar Is
forthcoming every cent a pound tax upon It
would mean a hundred millions Increment
In national revenue. Nobody would feel
It. and a luxury, now become a war neces
sity, would be conserved. Tho attempt of
0. previous Congress was to reduce sugar
from 5 cents to 3H by the removal of the
duty. Tho result, as was pointed out at the
time, was the Inevitable destruction of the
beet sugar Industry, and the raising of the
price of sugar. Now a duty of one cent on
the import has been found necessary and
warB demand has added 5 and 6 cents
more per pound, and the Government does
not get the addition.
With full wages In this country, and a
full production of sugar, a half billion a
?S 1 i52i"d.i be. taken 'rom u wHh national
and Individual benefit
There Is no reason why tho economies of
the gasol ne engine over tho. hdrse should
not be d vlded with the Government, If
gasoline Is needed to prosecute the war.
why not tax gasoline consumption? When
people In this country were paying twelve
cents a gailor), people In ICurope were pay
ing thirty-six nts a gallon and the aver
ago wnge there was far less. Today tlia
motor owner In Europe outside the wir
area would gladly pav a dollnr a gallon for
gasoline, but he cannot get It at any price;
,.,,aic '!" tn consumption of gasoline
could furnish money to Uncle Sam by the
hundred million Let him who rides pay
and let him who walks thus save a war
necessity.
In round numbers, we consume. more than
seven times what we save. Wo have passed
the dangtr line on taxing savings. W
should retrench here and tax consumption.
CREDITS MUST) BE BU.L.T UP
This war must be fought dn schemes of
flnunce nnd taxation which run In a cir
cle. Wages, saving and asset values must
be built up. nnd nt the same time the wages
of both capital and labor must be taxed
and consumption taxes must be steadily
levied and so placed as not to restrict pro
duction of necessities, but to restrict. If
possible, the consumption of luxuries, thus
Increasing economies and savings.
Then, on the basis of economies and sav
ings and expanded earnings and values,
credits must be built up, and these must
be loaned to the Government through the
Federal. Reserve system. The credit basis
should not bo the Mexican base of con
scripting money from the banks, thus de
stroying the banking credit, or conscripting
assets by heavy taxation, thus destroying
individual credlti The. individual must
have his unconscrlpted, property behind
the bank loan, and thus the bank' credit
goes over to Uncle Sam, and the Income
on the bond goes Into circulation and U
again taxed by a tax on consumption.
Credit, taxation, the upbuilding of values,
must run In n harmonious, smooth circle,
and then will be seen the possibilities of,
one hundred, billions from, America, sup
porting the fight- forMlbertv, ?yp
Magistrates Face
Arrest, Rotan Hints
Continued from Vase One
body else I don't Intend to bring them
here."
A rumor was floating around the City
Hall that the magistrates who were defying
the District Attorney'e request and loudly
calling on him to go to their offices to see
their records might bo considerably sur
prised by the District Attorney's taking
them at their word and walking ln on
them.
Another rumor was that Magistrate
Imber, who. like Magistrate Hogg, refused
to bring his books to the District Attorney;
had also refused to let City Controller Wal
ton, who Is entitled to examine all court
records In which payments of money are
entered, examine the books at his own of
fice. Had they been brought to the City
Controller, the District Attorney might have
examined them there. Unless Mr. Rotan
takes the magistrates' "dare" and visits
their offices, It will now be necessary for
him to file a writ of duces tecum In Quar
ter Sessions Court to get access to the
books.
"I told Magistrate Imber that he was not
obliged to take his records to the District
Attorneys office. The books nre public
records, and anybody who wants to see
them can do so by visiting Msglstrate
Imber's office. District Attorney Rotan
can go down there If he wants to. I told
Miglstrate Imber that he didn't have to
be a messenger boy for anybody."
This Is the statement made today by
former State Senator Samuel W. Salus,
after n visit to District Attorney Rotan's
offices.
This morning Magistrate Baker, accom
panied by William A. Gray as his attorney,
appeared in District Attorney Rotan's of
fice and entered into consult ttlon with "him.
When they emerged. Mr. Oray declared:
"Oh, they don't want our books; they
simply want to find out about twenty-five
cases or so which came before Magistrate
Baker to see how their records line up with
those of certain other magistrates' records
of the same cases. The DlRtrlct Attorney
hasn't any complaint to make against
Magistrate Baker. Of course, we'll let him
see the records he wants."
When this statement was repeated to
assistants in the District Attorney's office
they merely smiled.
Baker's willingness to produce his records
now ends the report circulated from his
office on Saturday, after District Attorney
Rotan had first called for the books, that
two of the record books of his court, the
ball bond and return dockets, had been
mysteriously "stolen."
Shortly after Magistrate Baker and Mr.
Gray left the District Attorney's office for
mer Senator Salus made his appearance. At
first he would neither admit nor deny the
truth of the rumor that he had Veen en
gaged to represent Magistrate Imber, but
later said that he had been called up on
the telephone by the magistrate and asked
his opinion.
"I told him that he didn't have to bring
his books to tho District Attorney," he said.
"That's the only point on which I gave him
any professional advice."
Mayor Smith expressed geat satisfaction
over the argument of his counsel before
Judge Martin yesterday as to why he should
be absolved from blame fn tlie "Bloody
Fifth" Ward murder, for which ho-ls being
held In ball on charges of murdir con
spiracy. "I am very glad," he said, "that there
was not postponement of the hearing, n.nd
I am quite sure that any fair-minded man
who listened to the proceedings before Judge
Martin will agree that I am not In ahy
manner responsible for what took pljce in
the Fifth Ward on September IS and 10:"'
Tho case will be resumed Friday wjth
that of Select Councilman William E. Fin
ley, whose case was argued with that of,the
Mayor yesterday. Counsel for the other
seven codefendants Common Councilman
Isaac Deutsch, Police Lleutentnt David
Bennett and Policemen Wlrtschafter, lliir
phy. Uram. Feldman and Hayden. a negro
nt the same time will argue before Judge
Martin that his clients should be released
from the murder conspiracy charges that
they share with the Mayor and Mr. Flnley.
TAILOR GIVES MOVIE THRILL
Dlanca, Jealous, ShootsWoman Her
Companion's Dollar Watch Stops
Bullet
NF.W YORK. Oct. 3b' Ignacla' Blanca.
a tnllor, gave n veritable movie thrill to
pedestrians today when, after firing five
revolver shots and hitting twd victims, lie
was caught hy the, police after an exciting
chase. The woman In the case received
an nbdomlnat Wound from -.Vhlch' " police
say, she will 'recover. .
Morris Galantl, also a tailor, escaped pos
sible death when a bullet burled Itself' in
a dollar watch ho was carrying over ills
heart. Galantl also received a bullet In the
right arm. He veH recover. The police
say the shooting was the result, of a quar
rel over the hand of Mrs. Jennie Lapennl,
who was shot while with Qalantl.
Frederick T. Chandler Better
Frederick T. Chandler, head of the bank
ing and brokerage firm of Chandler Broth
ers & Co.. and one of the leading financiers
of tho city, who has been seriously II) for
some time past at hs home. 6025 Over
brook avenue. Is reported by his physicians
to be oat of danger and en the road to're-covery.
TOO LATH FOB CIABBiriCATlO.V
DEATHS
NUUHAUEH. On Oct. SO. HENRI C, of
Cynwyd. Pa., after a short I Iness. husband
of Manuelaand father of Julia, and Dolores
Neubaner Funeral private. Kindly omit flow
er. New York papers plea.e codt.
MEnSUON: On Oft. 80. JAMES A MER.
SHON. Relatives and friend. Invited to funeral
ervlo.. on Frt., 2 P.m., at his late residence,
aaaQ. j8th " Jg-Elk'-
t
.MAN, wants t
Belanare ay
tfKU WAWTE MXlM
ApfJrrfj
-""-' w-.-W.I
R PURE
FRESH RUNT
MBeeveMeV
wmvaq
LM
J
run paeldtr.
If You
want the' cheapest paint
ing, you don't want
Kuehnle but il you want
the roost economical paint
ing, send for us.
Get our cifimat no obligation
Kuehnle
PAINTER
n&tfxhst.
Mimf'i1 '
mm
,fc
i
V, ..
''.!
-,"
k
" - ,-..
,V
.ail.