v
3VENINQ MDOEB-PHItABELPBlA, WEDNESDAY, tfOVEMBEtt 7, 1917
A1 'i tf :v FirfflBBn
r . i ir- .
.AffijyoDaasja
OCAL TRADING-GbSSIP . OF THE STREET-PHILADELPHIA MARKETS-GRAIN RB t55H
m
s s-i"T 4.
I
II
GOOD IMPROVEMENT IS RECORDED
IN TRADING ON LOCAL EXCHANGE
Rapid Transit Trust Certificates Lead Home List
Advance, uannng more man a roint.
Reading and Steel Jump
The local stock market Bhowcd Rood Improvement most of the
dAy bver tho weak conditions throughout tho list which marked the trading
Jlonda'. Nearly everything In which thero was any activity sold at higher prices,
od several of tho leaders of tho homo shares mndo substantial gains. Although
the New York market was unsettled at the opening It soon began to move upward
nd that was an Incentive for better confidence hero. There was a much more
. l, 'h 41. . CcMAf o , ,1 hnnll mnma In fnls,,' nRlAitn .,... llto .......
CherfUl leCJlUK HI m" ui.w. m,w uww. luvuia lit uiuncio uinvca "CIO LI1U BUVIICQ
of much rejoicing, many holders of prominent Issues having been sorely dis
tressed by the big slump on Monday. This was particularly true among the
jpeculative clement, many of whom were worried about tho possibilities of ad
vnclng moro money to cover margins.
Although tho turnover of Philadelphia Rapid Transit trust certificates was
mail thero was a good demand that could only be satisfied at higher prices, and
they gained ltf to 1MV4. Lake Superior picked up and Lehigh Navigation
v while warrants of the latter company wero bid up to 7. Storage Bat
tery lost M, and United Gas Improvement and Tonopah Belmont were a little
lovier. There was also a small transaction In Union Traction at Monday's clos
ing quotation. Westmoreland Coal and York Railways wcto off a trifle, and Phila
delphia Electric and Keystone Telephone wcro unchanged.
nallroad shares, excepting Heading, did not follow the rise In home stocks,
doubtless because of tho lower opening In New York. But they began to feel
the effects of the Improvement on tho big board toward midday, and stronger
expectations that tho rato Increaso would be granted helped tho feeling among
local holders of these shares. Heading showed marked Improvement, advancing
4 points, while Pennsylvania, whioh was off a quarter right after tho start, gained
a 'rime by tho close. Lehigh Valley, on an odd lot transaction, was the weakest
ot'lne rails and dropped 1 to D4Vi early, but was higher by mldaftcrnoon.
Steel common advanced moro than 3 points after showing a loss In the
Initial trading, and WcBtlnghouso Electric was marked up a full point.
A loss of 10 points to 10 on the sale of a block of J. G. Brill shortly after the
noon hour cnuned surprise. There was no npparcnt reason for tho sharp decline,
but It was thought that It was due to a forced sale when there was no market for
the stock, which has done very little lately. Bethlehem Steel B gained more than
4 points, and Mercantile Marine preferred was marked up 2 points and more.
The bond division was quiet and changes In prices were uninteresting.
Stockholders of the Philadelphia, Baltlmoro and Washington Railroad, at
their meeting today, ratified the proposed lease of tho property and franchises to
the Pennsylvania Railroad Company, which already owned all but a few shares
of the stock of their company. Tho Pennsylvania, operating under lease, will pay,
dividends of 6 per cent on the Philadelphia, Baltimore and Washington stock .
as rental, the same rato as now" paid. The terms whereby tho Pennsylvania Rail
road Company leases the Philadelphia, Baltimore and Washington Railroad Com
pany are effective January 1, 1918.
The" proposal that tho Philadelphia, Baltlmoro and Washington acquire the
property and franchise of the 1'omeroy and Newark Railway Company was rati
fied, and adopted to effect greater accounting simplification and further consoli
dation of the Pennsylvania system. The entire capital stock of this road Is
owned by tho Philadelphia, Baltlmoro ,ind Washlnston. Action en the lease of
tho Sparrow's Point Hallway wps deferred at tho meeting of tho stockholders of
the Philadelphia, Baltlmoie and Washington Railroad, pending the lease by the
Pennsylvania Railroad of tho Philadelphia, Baltimore and Washington Railroad.
.
An appeal to householders to conserve the supply of electric power has been
Issued by the Dur.uesne Light Company, of Pittsburgh. Owing to the great demand
for electricity by leading Industries, only a limited amount of new business Is be
ing Jjooked, and Irt order that the manufacturing plants may have oil tho elec
tricity they require householders are requested to use little If any electric power
between the hours of 8 a. m. and C p. m. The Duquesne Light Company Is a sub
sidiary of the Philadelphia company.
Lake Superior Corporation net earnings aio understood to have been fully,
maintained to tho close of the quarter ending September 30, 1917. At the annual
meeting early In October President, .1. Frater Taylor told the stockholders that for
the period of two months ended July 31 net earnings wcrq about $1,000,000, sub
ject to deduction for bor.d Interest and depreciation.
Upon making Inquiries of those close to the management of the Electric Stor
age Battery Company for a reason to account for the recent shrinkage In the
market price of the companyvs shores, It was learned that the affairs of tho com
pany are In u more prosperous condition than at any time In Us history. The
business Is growing from month to month and the shipments for October were by
far the largest on record. The completion of the very largo new plant has so
greatly Increased its manufacturing facilities that a big Increaso In the company's
output will ensue, it Is said. New business continues to increase In volume, and
the unfilled orders on hand are largely In excess of those at any previous time.
Seeking to bring about closer co-operation and greater efficiency In the han
dling of freight from the Lehigh Valley Railroad and its western connections, to
'the New York, New Haven and.IIartford Railroad, tho two lines have established
a permanent embargo committee. Headquarters have been opened in the general
office building of the New Haven at New Haven, where the committee, made up
of representatives of tho two lines, will pass on applications for permits to ship
freight from I chlgh Valley and its connecting lines to New Haven Railroad points.
MONEY-LENDING RATES
New York Money on call opened at 4
pr cent: high, 4 ; low, 3V3 i last, 4 : closed,
4 Tilling rate, 4 per cent.
The Interesting facts about the time
money market, on the resumption of busi
ness today, were the moderate demand
nd a larger amount of funds available.
Money loaned for 3 months and 4 months,
that Is beyond February of next year, at
.per cent on Industrial securities col
lateral. For tho same maturities on good
'mutedl, a little money was put out at 5i
per ,cent,
Prima bank acceptances and mercantile
discpunts rule slow. Tho first mentioned
aretquoted at 5 4 per cent on lnellglbles,
andiat 3M3'(i Per cent on ellglbles. The
choicest paper Is quoted nominally at
9i6 per cent
l'lliLAnULl'iUA Call 5 per cent; time,
60$?i per cent Commercial paper, three
to four months, 5U05V4 per cent; six
' months, 505 per cent.
LONDON oney 4 per cent, unchanged.
Discount rate for short bills, 4 per cent,
ana three-month bills at 4i per cent, un
changed, FOREIGN EXCHANGE
NEW YORK, Nov. 7 The resumption of
business developed a quiet market In For-
gn Jixch.tngo, without api rcclable changes
'A rates from Monday's final figures.
Quotations wero: '
c.mand sterling, 4.75ft; cables, 4.76ft.
oixty-day 6Mb, nominally, 4.71; nlnetj
dy b!l!. 4.flH.
J'hc cables, 6.74 ?4 ; checks, 5.75
"re cables, 7,96 i checks, 7.97
WUs cables, 4.44 ; checks, 4.46,
guilder cables, 44 ; checks. 44.
Pesetas cables, 23.60; checks, 23.50.
"ftble- cables. 13,60; checks, 13.40.
niri hoIm cab'e. 43; checks, 43.
checks.3 35ua nnd cPenhaKen cables. 34;
Reserve Banks' Discount Rates
10 or Over 10
less up to 30
iioarnrt
3M
ThHlpha":: iu
cSitaaK
ft hmlu .
4
8'
nniuiMMi.
sa,r:::'
Bn Kranclsro! ',
Agrlcul,
Newtork '. c
Auah?,r,.::--1
Hlnneyolf,- V. BW
g; City. 5
"n llVanclsco 6W
.yPo thirty days: over Ihlrtv to sixty. 4 oer
?"i Jjtsr to ninety, 4v4 per csnti oyer ninety,
BANK CLEARINGS
bSfi!!5.ci',",nir" tl''r conipfrsd pith eorr
vot)4iiig dy jMt . years: r ,
Over SO Over 60
up to 00 up ttf 90
4 4 4
$ p
f 4-
Trade acceptances Com.
Up to SO Up ti.60 modify
4 j
n( 9 sh . ,
s ail ' s
44i - 4 ' 4
:M au
8V4, 8 '3i
Hi il-Ba-21il !2vU;-S2
GOVERNMENT'S LOCAL
MARKET REPORTS
This dally report Is sent out by the
Bureau of Markets of the United states
Department of Agriculture, Philadelphia
branch, with headquarters at SOO-tJS In
surance Exchange UuUdlng. Bell Telephone,
Lombard 717.
based on sales at the various railroad depots.)
FnUITS
. ArbL?si "er hf-el (40-45 quarter -pecks
&?Tk Baldwins, unclassined. good coUir. $4
,,i'i53iiJKi?ro.r-. ?.BO03.7R: 1J, $3: Greenings,
unc assined. Inferior. $4; Hen Davis. $3S.30:
Su thYi,i.l",.no " Mi. Torlt JmPeflal A
-H . $44 r,o: Stayman Wlnesap, tram, stor
age, extra fancy, $S.7B6.
CRANIlErtRtES. New Jersey,
crate. $2.003j few higher.
per 32-qt.
r9S,Ai KSVAIi York "'r 15-Pound basket.
Concord, C0(tS2c: poorer, green, 4530c;
3-pound basket. Concord, 1B015HC '""
rEAItS. New Jersey, per H-bushel basket (8-9
quartet pecks). Klefers. 1540c. '
VEOETAnLES
BKANS, Lons Island, per bar, lima. 1" 5.1
02.75
11EBTS. nearby, per bunch, 23c.
quariytfioc. SPR0UT3- nr ,,ta ""
0tVrSEr-.$32D.,r.htn;ei.Om!o,,,C33$53
QuSr?,RSta.nrod?r "-bushel b"M (8-9
CAULIFLOWER, Long Island, per box (12-14
CELEItT. New York, washed, per doien, 25
V DSC,
8.75:UMDER8' F,01'la per bu,hel hamper, $3
LETTUCE, per box (24 heads), $101.05.
MUSIinoOMS, nearby, per 4-lb. basket. $1.50
.. 0.N,.9.Ji5' r 100-lb. sack, yellows. New York,
hest, $2,75: poorer. $2.50. Massachusetts, fancy.
-;7S! T0?.?'' "tr.R ncy. $1.75: California
ellow, 12.03: seconds, various origins, $1,23,
PARSNIPS, nearby, per 4-buhel basket (8-9
Quarter pecks), 50003c,
PEPPEnj, mar by, per H-bushel basket (8-10
doien), 2375c.
POTATOES, nearby, per '
pounds). 7&J8fio: seconds, fio
bushel hask-f inn
000c; bulk, per
bushel (GO pounds) round stock. Pennsylvania.
ll.O301.O3i New York. $1.4001,50. ,
PUMPKINS, nearby, per 100, 15V10.
SPINACH, nearby, per H -bushel basket (0-10
quarter pecks), SO 40c,
SWEET POTATOES, nearby, per H -bushel
basket (8-0 quarter pecks), ftrsts, yellows. S0
ti5c: reds 63tf75c: seconds, 25085c: Eastern
Shore of Virginia, per bbl, (35-40 quarter pecks),
firsts. $202,601 seconds, very small, $1,
TOMATOES, per pound, hothouse, 18022c.
TURNIPS, nearby, per, . bushel basket,
whites, SOOWOei yellows, 40000c.
WATEItcnEHS. New York and Pennsylvania,
per bunch.' IH 02c.
AUCTION SALES YESTERDAY
, ORANQES. California. Valenclas. large size
(1.0-12 doien). $2.5504.051 medium slit (14-18
taosen). $8.1504.05; small alts (20-27 doien),
$2,2004.10.
OR'APEFRUIT, Florida (40-98.) $2.1004.15.
GRAPES, Tokay. B5C0I1.6O: Malagas. $1.20
01.B5-
APPLES. Washington Jonathans, per box (OS-
188). $1.5003.
NEW YORK COFFEE MARKET
NEW YOnK, Nov. 7, The coffee market
was quiet at the opening; this morninr, and
first prices -were unchanged on December
and 2 to 4 points' higher on other positions.
Mon.
Open High Low Close floss
Dsceinber ... f-lj 7.23 717 7.20 7 IB
March '........ 144 7.48 7.48 7.48 7 40
May ....,.,.,... 701 7.8 7.02 7.B2 7.50
July .'.,..,,. ,,v 7-17 7.82 7,? 7.78, 7.7s
PHILADELPHIA
L
MARKETS
GRAIN AND FLOUR
. WHEAT necelpts. 222,408 bush. I The, mr
K'irul'iJ ste.dy. , Quotations! Cr lots. In ex-
K;.. i cicvsior, uoYornmc nt stanasra inspi
' '.''. 12.87s No. 1 ott rut. 12 28!
ctlon -
Mo. -
tr,d4i,2;?4'.No' 2 soft rid. 12.231 No. 11,1(5;
12.21! No. a .oft rsd, $2 10 No. 4 red., I?.!?.
No. 4 soft rod. $2 15, Whits wheat rrlstlvsly
ST'"" itic ss red. iMixca wnssi. -c "
No. B wheats, rrd or aoft. and "sample will
lij bought on thslr merits, but In no caso at
"AXf-If under No. 4. .
COnN llecrlpts. 87.18 bush Scarce nd
nominal. Quotations! Car lots for local trsite.
as to location! Western, No a yellow. 12.3.IB1
.9U- No'- , nd r. yellow, nominal.
OAT8 Hecelpts. 249.1(13 bush Tho market
way quiet but firm under lls-ht offerings. Quo
tations! Nn 9 hl, Anil. fiiTM mtmnAurA white.
Iiim2iSc! No- 8 whUe- OStJOj'ici No. 4 white.
;B4te.
1' L.UUIC IlerelntM
-Ilecelrts. 1S70 Mils, and 1.781. 813
lbs. In snnka Win .....It'., r.iln.l atenriv.
with demand readily ahsorblnx the limited offer
!"" Following are the quotations tier WOIns
In woods Winter, straight, ttO 2.110.r.O; Kan
sas .clear, IB.7BWlo.4Ri do. patent. HOI1?
11.4B! sprlnr, first clear, spot, $in.7rtflll;
pr ng. nrst clear, mill shipment, M.7SW10 4;
spring, patent, ipot. I12W12 2.'ii spring patent,
mill shipment. 110 S3 Hi spring favorite
brands, lll.S0312.2B) city mills, choice and
fancy oatenl. Ill Ron 19 on. mv mills, regular
L grades, winter Straight, I10.2SO10 3U! patent,
IJTK FLOUn was quiet but steady. Wa auote
t9.S0(10. aa to quality.
PROVISIONS
Tho market ruled steady with n fair Jobbing
demand. Quotations were. City beef. In sets,
smoked and alr-drled, 33c. Western beef, In sets,
smoked. 33c. City leef. knuckles and tenders,
smoked and alr-drled. 34c. Western beef,
knuckles and tenders, smoked, 31c llecf bams,
48. . 1'ork. family, M3. Hams, if. 1
cured, loose. .74 2nttc, dn. skinned, loose,
2t027ci do. do. smoked, 27H 2c Other
hams, smoked, city cured, as to brand and
average 2i4 2uljc Hams, smoked, western
rured. 28V4W29HC do, boiled, boneless. 41c
Plcnla shoulders. 8 P. cured, loose, 23b ci do,
do, smoked, 214 c llellles In pickle, accord.
IPC to average, loose, 33c llreskrast bacon.
as to brand and average, city or western cared,
30c. Lard, western, refined, tierces. 28c; do.
do, do, tubs, 28c, Lard, pure city, kettle
rendered. In tierces. 28c. Lard, puro city, kettle-rendered,
In tubs, 28c.
REFINED SUGARS
The market ruled llrm on a basis of 8.35o for
extra fine granulated.
DAIRY PRODUCTS
nUTTEH sold fairly and ruled firm, with
supplies of desirable stock well under control
Quotations-. Western, solid-picked, ereamen.
extra, 4nc, higher scoring goods, 4C4?47c; extra
firsts, 44c: firsts, 4341Hc. seconds, -410 42c.
prints, nearby, fancy, 49c, average extra, 44 sf
45c: firsts, 4iM3c. seconds. 41(t43c: special
brands of prints, jobbing at 32tf(&3c.
i:aS Fine fresh eggs were scarce and firm
with demand fairly active The quotations fol
low: Free cases, nearby firsts. J14.10 per stand
ard case: current receipts, J13.SO per case; sec
onds. S12.4H012.75 per case, western, extra
firsts, $14 in per case, firsts, $13.80 per case;
seconds, DOM 10. 50, fancy selected cegs were
Jobblnr at 6550c per dozen
CHKF.SK was quiet but ruled firm under better
outside advices Quotations New York, full
cream, fancy, June, 2.W2."iC special hlRher,
do, do, fresh made, best, 226 23c. do do, fresh
made, fair to Rood, 21:i4r
POULTRY ,
I.tvn was 111 fair request and values were
well maintained under moderate offerings The
quotations ranged as follons 1 owls, as to
quality. 20M23C, roasters isfpiric quality. 2U
.'3e. White Leghorn, lUf21c. ducks. Pekln.
21M22C, do, Indian Ilunner. HlffSnc. do, spring,
22W23C. turkevs. 21920c guineas young, per
pair. welBhlns lfi 62 lbs apiece. !'cffl!l,
smaller sizes. 70OWc. do. old. pr pair, 00,c,
pigeons, old. per pair. 244f JUc, do. young, per
pair. 20022c.
D11ES3ED Desirable stock sold fairly and
ruled steady, with supplies well under control
Quotations were Turkeys, weutern. spring.
Ired. 32 31c turkeva old. fresh-killed. Iced
nearby. 3033c. western, best. 30032c, com
mon 2302.ic fowls 12 to box milk-fed. dry
picked fancy selected, 2llc, do. welching 4M lbs
apiece. 25Vic, do, weighing 4 lbs aplete. 21c.
do, welghlns 3'i lbs apiece. 24c, do, weighing
n lha anlerff '0 fft V. 3- fnwls. Icil fn bbtS
'fancy,' dry-picked, weighing 4!i lbs and over
apiece. .,c. do. weignine ids apiece .-ic; uu,
smaller sixes, 19023c: old roosters, dry-picked.
21c. broilers, weighing 14 02 lbs nplece,. Jer
sey, fancy, 33030c. Virginia, fancy 30033c.
other nearby. 28030c, western, 28030c roast
ing chickens, western, weighing 4 lbs and over
apiece, 24021c, chickens western weighing d's
lbs apiece. 23c. do, weighing 2'4 03 lbs apiece.
2102.2c, spring ducks, 25027c. gulneaB spring,
weighing 34 4 lbs per pair II 15. do smaller
sizes. $101 05l squabs, white, weighing 1101-t
lbs. per dozen. $5 O0(l 23. do, weighing 9010
lbs. per dozen, $503.50: do. weighing 8 lbs per
dozen, $404.50; do weighing 7 lbs per doren
3S.2.1W.1 7ft; no, weigning iiutn-a iu i--r ,,v.r
$
7302 90, do, darK. $1 UJHP- ou. uu. small ""
No.
75c0$l 03
FRESH FRUITS
Lemons 'And cranberries of flne nuallty sold
fairly and ruled a shade tinner Other fruits
were generally steadj. Quotations- Apples, per
iVbl Jonathan. $5W.l: Kin $4 nil 0.1 SO. Spy,
$4 42T, HO, Twenty-ounce. 4rT; Wlnesap. $3."!,
Wealthy. 130.1: llubhardston $W.", Oreenlng,
t3Zta. Duchess $3M4 fiO, Ilaldwln (3(rr.; Kotne
fl.aiti Orlmes' Golden, IStoll, Starke. $3ri, ra I
I'lnpln. $.1W.. Uano, isns 7,1. York Imperial.
3'4 75. lien Davis $1S 75. apples, western,
per box Jonathan. 11.6082 7.1, Vt'lnter Hafiana.
I28H3. Delicious. $2f 3: arlmrs- llolden. J-;1
" "& Ortley, $1 502 21: King David. 11 25
Lis! llelle Kleur. $1.2.142: apples, nearby, per
Hamper. BOeWJl.ho. do, do, per S -bushel bskt .
'.r,cl 21 Quinces, New York, per bbl , $2.50
C3.50. Lemons, per box. $40. Hananas, per
bunch. $1 23W2 50. Oranges. California, per
box. 20. Grapefruit. Florida, per box. $2
4 7.1 Pineapples, Porto lllco. per crate $3 21
nr,i! Grapes, New York, per 3-lb hskt , lnjr
v-i. j.5'. i.. ia.li,. h.kt . antiiino. do. ra -
firnla TokaV: per crate. 75cW$l 40 de ..Cali
fornia .Malagas, per crate, $J A'ty".. ??
v.... V,lr naf hltslhsKllBkt:
Heckel. 2J9S: pears. New York, per hhl.
Seckei"per keg I2.n04. Cranberries, Jersey,
percrate. $2 23011.2.1, do, do, per bbl . $1)011.
Strawberries. California, per Pt 15030c
VEGETABLES
Totatoes of fine quality ruled steady. Cab
bage was moro jilentlful and weak with de
mand only moderate Other vegetables were In
moderate supply and demand at revised flgares,
Quotations: IVhlte potatoes. Jersey, per S,
ltuh basket. No. 1, T.ltiOOc: do, do, do, No. 2.
4OM00C- SS. ao. Vr 150-lb. bag. Glanta. $3 15M
3 23, do. per bush., Pennsyljanla. fancy, $1.3.1
ltto: do. do, Nw York. $12501.50: do. do.
Vew Jersey. $1.2501.50. Hweet potatoes, Jer
seVr per S -bush, hartet. No. 1. 00 080c. do.
3o. do. No? 2. 25040c Celery. New York, per
hunth. 10000c Lettuce. New York, per box,
V.i -k r.iillflAWHr. Iinir Island, per box.
$102: do.' New York, per box. $102. Brua-
."W"t ."... r T.lsa nasi- nt 1 ff1 ln
iels "sprouts. Long Island, per qt 120c
watercress New York, per 100 bunches. $1.30
0XeTwIM?lorlda. Krboi, S3 25 3 , Cu
cumbers Florida, per hamper, $3 5 04 50.
5S" Bpr.'renh.Pmrp.hr,:mS3r5oV4n0e4Ca!5:
bag..: Nefo'rk.Ver ton. $2 .10, do. Danish
.j ... nn vfiffflTi iinioni. rw iutk,
per ton,
SS0O33 Unions,
xfassaAiiiautt Ohio and Indiana, per iuy-in.
ft nS. "ia.M-f!J 1.- !&A-&1- S,-,I12
Haul ao, wailiornia, v t , ,,
8.25 Mushrooms, per 4-lb basket. $101.75.
NEW YORK BUTTER AND EGGS
NEW YORK. Nov. 7 RUTTER Receipts,
lo!t)85 tubs. Market steady Quotations un-
"rEOOS Receipts, 10.842 cases Market llrm.
Extras? 60051c. extra flrsts. 404Oc. flrsta.
44047c: seconds 88043c, whites, 72080c:
mixed colors. 4440V4c
CLOSING LIVE STOCK PRICES
CHICAGO. Nov 7. HOGS Receipts, 23,000
head Slow. 10a to 15c higher than yesterday's
ivJ?igeRulk. $10 10017.10. light. J 3 .100
17.10; mixed, $15 80011 Sli heavy. Jl3 800
lT.ao- rnugn. "n""'2"
CATTLE Receipts, 20.000
VsHEEP Receipts. 15,000
head,
head
Steady;
Steady,
112.75. Lambs. $10.25.
SOUTH OMAHA. Nov 7.-11003 Receipts,
800 1 head Steady, to 10c lower.
CATTLE Receipts, 7000 head. Strong, to
"sHEEP-Recelpts. 17.500 head Killers,
strong, 15o higher. Feeders steady.
France Is Paying Off Export Credit
'NEW YOniC Nov. 7, Announcement has
been made that funds have been received
frpm the French banks participating; In the
$15,000,000 French export credit of Sep
tember 15, 1916, for the payment of the
Becond $5,000,000 Installment under that
credit, due November 9,
TOO LATK FOR CLASSIFICATION .
DEATHS
'JONES. At New York, Nov. 0. CHARLES
II.. -U. 8. N.. 'retired, husband ot the lata
Annie E. Jones, In his 7blh yesr. Remains
may he vlswed at West Laurel Cem. Chapsl,
Frl.i Nov. V. at 2:80 p. m.
ASH. Nov. 6. CLIFTON B. ASH. Jr.. son
of Clifton 11, and Carlotta Martin Ash, aged 2
yrs. 2 mos. 5 days. Relatives and friends of
tho family) are Invited to funeral, Frl 2 p. tn
at parents" residence. 1231 N. 20tb at. Int.
"COLLINS. Nov. 7. JOHN DAVISON COL
L1NB, aged 81. Due notice of funeral will
be given. '
Ca forma aiuscaiei, vi :, ....,-, -;
California Cornlchon, per crate $1 7.1 W 2 2.1.
Prunes New York, per 4-qt bskt , 13W2.c.
Ka?hes New York, per bushel.bekt . S.IWtlOc.
Jo 5S wr 14.1l-itPbskt. S0 40c Pears.
llartleit. siw.
rOMrULHAICY WATKR METKR8 1
' Trust syuiag. or Ysur I'lomher
COTTON WEAKENS
AFTER GOOD START
General Business Held Bnck by
Uncertainty' as to Report
of Census Bureau
NEW YOIIK, Nov. 7.
Just as tho end of business approached,
tho cotton market weakened today after It
hnd been firmer bocoU3s of A better feeling
In Wall street as to securities and further
bullish spot advices from the South,
General buslneM was hc",d In check by
the uncertainty as to tho report of the
Census Bureau, which will be issued at tho
bcRlnnlng of business tomorrow. Guesses
placed tho nmount nt 7,250,000 bales, and
many traders expressed tho belief that this
would represent probably two-thirds of tho
entire crop.
Humors were current that foreign vessels
wero Winning to appear In the costwlse
trade. Shippers of cotton asserted that It
was next to Impossible to obtain any space
for Ilrltlsh centers and that the quotation
of $5 per hundred was entirely nominal.
The cotton market was ncrxous and un
settled nt tho opening with drt prices 2
Points higher on December. 9 points lower
on January and the later months unchanged.
Klsht ufter the call March and May t.old
down to a decline of 13 15 points below
Monduj s close
The murket was firm during the morning,
with near months showing the maximum
adtances. Uerpool was a buer by bal
ance, tho deniarld being attributed to cmcr
Ing of hedges against ready sales of recent
increased arrivals of actual.
There was nlso buying of near months
by domestic trade Interests, who were bc
llecd to be covering hedges against sales
of spot In the south yesterday. A few
stop orders were uncoxered on the ndvancc
which carried January contracts up to
26.80. and March to 20 40. 11 points net
higher. '
Monday's
Close Open High Low T.nt
. 27 2.1 27.3.1 27 30 2(1 111 27 21)
.. 2(17(1 2(1(11 2(1 St 2(1(11 2 (IS
2(1 311 211 till 27 4ll 2(1.2.1 211 30
. 21121 21)20 20 27 20.(1.1 211.12
28.00 29.10
December
January
March . .
.May .. ..
Spot
Liverpool Cotton
LlVnilPOOL, Nov. 7. There was a fair
demand for spot cotton today on the basis
of 21 35d for middling. Futures were quiet
In the early dealings Spot price? were
American middling, fair. 22 65d ; good mid
dling. 22d: middling, 21 35d ; low middling.
20 85d; good ordinary. 19.D0d ordinary
DIVIDENDS DECLARED
LH'e'Ts Crenmry t'omimn). regular nuar--.y
of ' '"r CPJIt n Preferred and 2V per
iJ"',.0" .common, both imjable November 10 to
stock of record No ember (1
llarbtnn-Valker Refractories Company, reg
ular quartern of 1V per rent on common. pa
ber "0 lo nolJer" of record Noiem-
Quaker Oats fompanj. regular tiuarterlt of
,l per cent on common, pajnble January 1.1 to
holders of record December si. a!n regular
MUarterly of 14 per cent on preferred- paiable
I'ebruarv 28 to holders of record l'ebrujrv 1
I reecent Pipe Line regular nuarterlt of 71
rents a share tvoablr December 13 Hooks
close November 21 reopen December 17
Mandard Oil n,r California regular ouartcrlt
or 12 .ill a share pmnMo December 15 to stock
of record November K,
Crucible Steel Company, regulir nuarterh of
1 Per rent on preferred. pial,le December 2(1
to holders of record December f.
General Development Company, a dividend of
$1 n .share pasahle December 1 to stoilt ol
record November 1,1
Hart, Hchaffncr . Marx regular quarterly of
1 per cent on common payable November 3D
to stock of record November 20
The Northwestern National Hank has declared
a semiannual dividend of 8 per cent, pavable
todav
North Philadelphia Trust Company, regular
semiannual of .1 per cent pal able today
Ueneral Asphalt Compnny, regular quarterly
of Pi per cent on preferred, pavnble Decem
ber 1 lo stock of record November 13. Trans
fer books will not close
American Smelting and Refining Company
regular quarterly of Hi per cent on preferred
pavahle December 1 Also regular quarterly of
ii per cent on common, liaVHhle December IT,
Honks on preferred close November 14 and re
open November 23 on common books close No
vember 28 and reopen December 7
CORN MARKET FIRM
ON .GOOD BUYING
Reports That Husking Opera
tions Show Disappointments
Discourage Bear Operations
CHICAGO. Nov. 7.
A decided Improvement In the tone of
securities and reports that husking opera
tions were showing many disappointments
not only discouraged bearish operations,
hut Induced good buying of corn today,
which Imparted firmness to tho market.
Shorts covered and offerings were limited,
ns commission houses favored the buying
side.
Weatjier conditions were excellent for
curing and moving the crop, but the qual
ity of the receipts was poor. Dry grain
remained scarce and In good demand There
wero 4B cars of new corn here, which
held at $1 for nearly 40 per cent mixture,
and sour corn to $1.10. It was said that
farmers were anxious to get soft corn off
their hands, as this Is not considered safo
to feed to hogs.
Tho hog situation also continued to net
as a sustaining feature, although mini
mized, to some extent, by the smaller
number of nnlmnis In tho country and the
big yield of corn Thero were further com
plaints nl) nit inadequate car sen Ice
Tho market at Liverpool was firm, with
a good demand for spot, which was offered
sparingly, and small arrivals
Oats were stronger. Shorts 'covered and
theic was somo buying attributed to ox
port houses. Offerings were light. Thorc
was a good demand for the cash article,
which was strong The market at Liver
pool was llrm with a good general demand.
According to Brndstreets's, tho lnlble
supply In the United States Is 2J,srB,000
bushels, a gain of 911,000 bushels for the
week, and compares with 75, 153,000 bushels
last jear.
No 2 mixed coin In tb sample ciowd
was $2 03i2 1G. al-alnst $ OOfi 2.10 on
Monday, and No 2 cllow, S2.1D5J2 20, com
pared with $2 17 on Monday. The high
on December was SI lH'i ; the low $1 lG'u,
and the close S1.18. compared with
$1.17,i , tho final quotation of Monday
The best on May was $114; the bottom
$1 12. and the final $1 14, against $1 12,,
Momlaj'B last price
Standard oats in the sample crowd was
G0bBSlxic; compared with COH W60V4c,
Monday's final price The high on Decem
ber was BSHc; tho low 58"$, and the close
59i liT&tlc. compared with 58"4c, the final
quotation of Monday The best on May
was 60c: the bottom 50'je, and the final
00iiJ60i2c, against CO;. Monday's last
price.
Leading futures ranged as follows
Corn (new del
Open
Dei I Hl'i
Jan 1 13Vj
Mav 1 U'j
Oats
Dec . , 1H
May . t,D
Lard '
Nov . , 2,h,
Dec . 21.2.1
Jan , 23,3(1
Itlbs
Jan . . 22.117
Mav . . 23 01
Pork
Jan . 42 70
Hid tAsked
lverv) Monilav's
High Low Close cluse
1 IUU l.KI'l) 1.1K"4 1 17'.
1 1.1 (, 1 13'. 1 111, i nt,
1 14 1 12 tl.ia's 1 12S
Ml, r,s .1S, MS
wis r,ii' (.(i1. no .
2(1 .10 21 S7 2(! 3d 21 (17
21 "O 24.40 24 70 21110
2.1 7.1 23.30 23.7.1 23 10
21 .1.1 22.M 22 .15 22 75
23 20 23 00 23 2U .'. 42
44 20 42.00 44 20 M2.55
Cotton IJuycrs and Sellers
NKW YOIIK, Nov. 7. December Schlll,
Ilussell, Geran and Wcmnan bid ; Klefter,
Itcutz and Hartcorn ottered.
January Newman and Cone bid; It.
Hubbard, Hicks, Young, Mitchell, Hrooks,
Lovvensteln, Kleffer and fardoza offered
March Downs. Hartcorn, Orvis, Olffird
and McGce bid ; Young, H. Hubbard,
Wnchstnan, Brooks and Beardsley offered
May DovvnH and McKntny hid; Wllhon,
Mitchell, Hnrtcorn, Sellar, Rosenberg, Schlll
and Allen offered
July Hjman bid; McKadden offered.
BAH SILVER
S Last 11117
Todav Yes Wed Ulah Low
New Vork (cents), silh Ileal. tlOU 10NV4 71
London (nenee) . 44 44 ).'". 53 31i
"The Bully
of Europe"
"When an indignant and united world sends
Kultur to disaster the German people will look
for a scapegoat. The violent reaction will drive
the Hohenzollern dynasty from power."
William H. Taft
Former President of the United States
in a concise, forceful editorial, points out the
unmistakable trend of events in interior Ger
many. S!
The only basis upon which the world can trust
Berlin, the steady seep of socialism, the valucof
the Teuton gains along the Isonzo and other
questions of vital import will be discussed by
Mr. Taft in the
PUBLIC
iiisiiiiSsi1
Thursday,
Financial Briefs
Albert W, Waters, Jr., has been appointed
arslstant cashier of the Middle City Bank,
1518 Walnut street
Earnings tf the United Btntes Hubber
Company for the calendar year are esti
mated at about $11,000,000, or over $30 a
shnre on the $30,000,000 common Btnck.
after allowing for war taxes. Last year
Iluhber earned $6,271,125, or $17 75 a
shale on lis Junior stocks dross sales for
the current year are estimated at $160,
000.000, compared with $120,759,129 In 1916,
the previous record period,
The Shattuck Arizona Copper Company
reports for tho quarter ended September $0
gross earnings of $482,036; operating ex
pensrs, general ofllce and administratis e
expenses wero $343,651. Net earnings,
$138,985. Total net earnings for the nine
months ended September 30 amount to
$1,496, 876. Total rcppri recovered, 5G1.682
pounds; total gold recovered, 192 ounces;
total silver, 16,122 ounces; total lead, 1S3.
403 pounds.
The North Philadelphia Trust Company
has ndded $26,000 to the surplus, making
that fund novy $260,000, all of which has
been earned.
Louis Kink i Sons, printers, 66 North
Seventh street, announce the opening of
another store, at 19 South Kightli street,
for the sale of Christmas cards and Hags.
Application has been made to the New
York Stock lOxchange to list the Standard
Milling Company $1,315,200 additional
common stock.
At a meeting of the board of directors of J
the Lehigh Valley Railroad Company today
John Duffy was elected nsslstant secretary
of the company with olllces at 143 Liberty
ntteet. New York city.
Announcement wns made lod.i at the of
fices of the Hale - Kllburn Company that
the new financing plan, providing for an ld
Justment of tho present capital, an'd albo
for funds that will enable tho company to
finance conveniently its Increasing volume
of business, Is nnV in the hands of lawyets
for Its final draft. Unfilled orders on the
company's books In January of this year
exceeded $3,250,000.
SECURITIES AT AUCTION
The following securities were sold at i
tlon today by Barnes & Lofland :
STOCKS
81 shrs. l'ennslvanla llottlers' Assoda
tlon. lnc ...
0 shrs First National Hank, Camden.
N. J., par 1100 j
1 shr Camden Hufe Deposit and Trust
Co Camden, N J. . l
2 shrs. Hurllnfftun Countj Trust Co ,
Mnnrestnun. N. J . rr fltlll -i
2 shrs. l'Miple's National Fire Insurance
Co . pir 121. . .
4 shrs (lirard National Hank, par Slim
Ill',
310
j snrs iieai t, state irusi vo. prererrsd,
Pir J100
18 shrs West rhlladelphla Title ami
Trust Co.; par 450. . .
15 shrs l'fople's National Fire Insurance
Co par 125
10 shrs Camden Fire Insurance Assoclu
tlon. par 1.1
8 shrs. Philadelphia Ilourso common, par
MO
23 shrs American Llectrolytlo Co par
$100 . Lot
IIONDS
S27000 The City Water Power Ci.. Austin
Tex . .1 per cent. First mortgase
sinking fund. Coupons April and
October Due Annl 1. nun
(Certificate of depi sit October 1
19t4. and all subsequent coupons
attached .
2000 Susnui hannn Iron and Steel Co it
per lent First inortrano Oold
Mav and Novemlier Due M-vv 1.
111(17 (Principal reduced to 11800
by pament, August 1 1017 of
$2011 Interest Is ptld up to
Mav 1 11114 ) .
1500 (1.1(1(1) Phillips Pressed Hteel Pullev
Co . II 1M.T cent Consolidated
morlKiitfc. Coupons February 1.1
and Aucust 15 Due Annuel 1,1
1927
40
Steamship Co. Pays on Back Dividends
LONDON, NoV 7. The 1'ininsula am'
Oriental Navigation Company has declare "
a dividend of 12 per cent in the detent
dividend, making a total of 18 per rent foi
the car.
LEDGER
November 8
LONDON STOCK MAflKET
Trading Narrow on Mixed War News,
Americans Aro Heavy
markets were du'lt today and trading va
reserved nnd narrower because, of I
mixed wnr n,wi wlWni. , u..t....
Dealings In gilt-edge section were Irregular
TIic 5 ner cent war loan .. n.m irnM.
rails were unsteady and unsupported, f
Americans were Inanimate and heavy:!
awaiting the reopening at New York Cna
dlan Pacific were firmer on repurchases;,
Argentine rails rallied on th weekly traN!
no statements showing imvrov-nents, j -
Allied bonds were Irregular nnd Italian,
Issues were firm on news dispatches fron' , .
Italy, trench and llusslan Issue wer.1''..
earner. j,u,I
Mining Issues were spotty, ttubbers on , , fi
oiis wcro siow. snipping Issues wero trongj
ixinoon w ir
Atchison
Csnadlan I'arlflo
t'liss t Ohio . . .
st Paul
Krle
nrio 1st nref ..
I.llnols Central
Louis t, N'nsh . .
Central lacinc .
Pennsylvania ,.
Hesdlnv
Union Pacific . .
U 8 Steol ... .
111
1(12
r,n
41U
Oil
S3
1ST-
Oil
lis
100
KAILROAD EARNINGS
C1IICAOO. INDIANAPOLIS AND LOUISVILLB
ir.tr
Increase
Fourth week October ..
Month
From Jsnuary 1 . . . ,,
DKNVKH AND
l"ourth week October. . .
Month
From January 1
$277 220
S43 DCS
7,(110 0-0
4K.R3S
112.02a
H25,mi8
niO tlltANDE
tsso.ooo
i.ii. tna
2.7R2.K01I
23.402.124
2.S3!s'lZ
ssno.sit
8.19.00
II 17S.S11
2.281 774
OIUIAT NORTHERN
September Bross .. . . IN.3S2.H72
Net 2.ll.'0,411
Mne miinths' cross, r,4 7.V1 sta
Net S7.10(!,21S
CIIICAOO. INDIANAPOLIS AND I.OUIBVILI.B
Sei tember eross . . . $8.10.400 107,(103
iMl 2i,.'.2SS
Nine months' cross. I1.TI17.IMW
Net 2.108,211
ST LOUIS HOUTHWKSTKIIN
Fourth vveel: October. . 15(12.000
Jlonth. . ... 1 710.0OU
Detresse.
Hill Increase in Mineral Products
WASHINGTON, Nov. 7. Mineral prod-,
ucts of the United States for 1916 are stated
offic'ally nt $1,621,832,577, against $991.
751 929 for 1915. Nonmetalllc products arc
$1,878,507 232, against $1,398,566,121.
EVERY year an increas
inc number of thrifty
home-makers are in
stalling Fleck Hot Water
nnd Steam Heatinc; Sys
tems. Thev know that
with a FLECK it is easy
to maintain an ovon,
healthful temperature in
all parts of the house in
zero weather.
They have also learned
that a Fleck Heater is
economical, due to its
ospecially designed heat
intr surface, and is easy
and clean to operate.
JlzxxSros.Co.
Display
Rooms
nesting
BOO Areli St.
Plumbing
44 In SO
N. Cth St.
Write tor
Booklet ,Vo.
If
.t
Silt U'
liwti -flKi
4i a. ,
31 inJi
4 i w
I I ill
4,(1(11
718 T
4.27(1
1.14.000
182.000
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