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EVENING LEDGBKr-PHlLADELPHIA, THUKSbAY, NOVEMBER 8, 1917
.
-
8.
--ta-4l
fLOCAL TRADING GOSSIP OF THE STREET PHILADELPHIA MARKETS-GRAIN AND COTTON
'OPTIMISM IN FINANCIAL WORLD
REPLACES FEELING OF DEPRESSION
qpveral Causes for Upturn of Market Advanced
j by Banker Gossip of the Street
ana rerunent comment
fllHE deep blue wave of extreme pessimism which enveloped tho financial district
f on Monday gave wuy yesterday to a fnlnt rose-qolored ivuvo of optimism which
f kept gradually Increasing t!U the close of tho market.
I AH manner of reasons for this welcome change were advanced. Some paid that
the financial holiday Intervening had saved tho Mtuntloii, ns It had given persons
an opportunity calmly to consider matters and had opened their eyes to the extent
' of nowlr.g them that they were on the verge of heme carried away on nn unreason
ing w of nl,;rla- Others said that the result of tho election In New York city
had been discounted by the slump on Monday nnd thut tho market was simply
experiencing the reaction.
A well-known hanker In tho downtown section, who Is noted for broad Views
and for coinpiehenslve grasp of financial conri.tlonx, said jestcrday that In his
opinion the reaction was caused by tho following:
rirtt. The Increase In freight rates nil along the line for tho eastern railroads
' s virtually an assured fact Indeed, is assured, when an otllclal of tho Govern
ment having such authority as John Skclton Williams comes out und says they
must have It.
Second. Tho ngrcement between the United States and Japan guaranteeing
the opfi door for China, thus putting nt rest all tho attempts to cteate b.id feeling
between the two powerful natioiib and the effect which this great diplomatic step
muat create among the commercial leadeis in Germany.
Third. The continuous peace talk coming from Germany. There Is no occasion
to analyze it now; tho simple fact that U is emanating from Germany Is enough.
Fourth. Tho low prices ut which securities nro selling offer i strong tempta
tion to bona fide buyers. t
Fifth CJooo buying by persons with cash. As illustrating the Inst point, he
remarked that one Institution bought ycsterda for cash high-class railroad slocks
In 1000 share lots, and ut least one block of 2000 shares of Heading.
This banker said ho could make no predictions as to the future: there may be,
f he said, small reactions, Just ns a big wuvc on the seashore Is usually followed by
Itnall reactionary waves, but tho outlook was hopeful.
Morgan Through With Liquidation on British Account
I PHILADELPHIA
I MARKETS
quotations cur lots In export efeva
y!."!!l tndArd Inspection No I nor
HV,- ." l.lirt winter, li 27, N
I2!7i No t hard winter. 12 27.,
GRAIN AND FLOUR
niiN.IT- Receipt. 123. 121 nustieir. ,?";
S,."".on"j -".lots In export ffevntor. Oovrrr,.
nurciiw,,. .--";-
ro. i uwi."j
I. Nn. 1 "4
"Inter. J.27i No. 1 soft red. 12 Mi INo. i 21
i?.1h V. thP1 trades 3c a t.iuhrl le". NV2 "
-. Nn. 4 10c less) No. 2 red. 12 24; No. -
2 IB. No. 4 red. 12 17 Nn 1 tnlt red. 2 1
..','"", wheat relatlvcl) nam Price, Jen
(Mixed wheat 2c ort ) No ,1, wheal". red jr
oft nnd "sample" will ha bouKht. on tnci r
ln"jl" .nut In no case nt nlie lo under I
COUN llecelpts. 2.11,1 pushels. Tlie m"?.
wn nominal auppllea were limited and trade
was quiet Quotation, car lota for local trade,
"a to location Western No 2 vcilow. IJ.-aO"
J '"do. Noe .1 4 and .1. nomlnul. , .
OATH llecelnta. n4.4T.t liuihe s l.m"
GOVERNMENT'S LOCAL
MARKET REPORTS
This daffy trpurt a lent out by the
Bureau o Marietta of the Unite I States
Department of Agriculture, f'AHadelpMa
Branch, with headquarters at 300-31 In
'Tone Exchange Building. Sell Telephone,
Lombard 7J7. '
itedhSn Vlea,'.r!crJ on " !?' i. lr
" -"' at tha varfoua railroad depots.)
nuk'-h.1;3'.. Per bbl. f40-4.1
were, limited but ample and the rnki way
I'arelv .teadv Quotations. No. 2 white. 00 WW
"(. atandard white. (t(ll(ll,c No. 3 white.
Hfi:' No 4 white. (linniWo ,, ,h
, KLOfll llecelpta. R7S hhla and .23.170 IPs.
Houtherni VnVvrtDI"-i "O;". ouarter .re.kal.
beat. 1 4 'an J lPtfl.n. f- A", arade. i,.lncli.
"en DaVl. '.?' ..". STBde, $2 .InSfS 2'l
rloudv color Ti'i' f.1"?! tniati Wlneeapa.
"A" i-l2LorJ.., TS.I 1 lark Txlir. .1. W'lneiana
-.i3LorJ..TSi lllark Txli
?.ao. Ti.;:iA;'nf ." Af!:toi
r jiuih. ... -,,
nclaealfled, i.l'P
demand abeorblna the nfferlnne Following, are
the nuotatlnna. n'r inl lha in wood! ";n-x?!j
tralitht. tloi'.ljria ,tn. Kr, clear. '"'.
10.3. k Patent. II0 7SWUW. raP.r mill
clear apot. tto TSB11. eprln. flrt clear, mm
ehlpinetit. 0 7SWin eprlnK. pntenl. Pi V ? U 1 1
12 2.". eprlne patent, mill "hlnmeitt ilor--'rl'
anrlnit. faorlte branda 11 lVf,1Vnii" -Y
tnllla choice and fancv patent 111 r'"?t'rht
as to
-d nelieralb led Willi; .'j
Quotatlnna were. City beef, n
alr-drUd SV, W eeterll beef In
clt mllla. reaular uradra w Inter siramni.
110 211 in r,n, patent nn Mipm 7.-. ....
Kli: n.0U!l nai nuin but .tnad uni inod
erute onrrlnEo We uuoli lliouwiu.
(luollty
ricovisiuniB
The, market rulei
Jobbing Innulrv Qui
eera amoKe.i and air-.iru.i a ic. ."". "; v. .
aeia emnked. a'ic ritv licet Knutiji-n ... "-
dera. amoke.1 and nlr-drlrd. Sic '"''e hinTa
knucklea nnd tender, eninked 3lc Ileef hama,
14.1. Torn f.imlU IMtlM llama, . r.
cured loose, 274 W2N,-jC do, eUlnmd, oo.
227c. tlo. do! amoked. S7 , -,Tnrt
hams amoked ihy turrd. oa to, brand ann
acranc 2NUtf"ilr Hum" amoked. weaiern
cured. SliiCrSpiar, do boiled boncleej. fit
I'lriila ahnuldra H V cured Inoee 2!H4c- do.
dn. atnoknl. 2'4c Ilelllea. In plf kle . "V"!"
IK to in crane, looae. 33c llreaUfaat I'fTOn,
n to brand and nieniKC cltv nr weatern ciirea.
3'c. l.ard wcatern. rellnrd. tlercea . !-j-do
do. tuba 2-c I-rd pure f"'.,,1"!,.!
rendered In tlercea 2Sc Laid, puro iu. "
tlc-rcnder. d, In tuba. 2e
KEFINED SUGAHS
The market ruled firm on a b.iala of, 8.3."o for
extra flna Krtinuluted
DAIRY PRODUCTS
tU'TThlt The market ruled Arm with i de
and Hl.arhin. the limited onerlnea , of chnl -
B
ocka - uuiiaiiona i"i' F . ..,
cream. r. extra 4'.c Wither acnrlniC.Bonna !.
4c .'Xlra nrata. 41C. nraia .a.'.
Trr, r-nmnu nnarti, HratH 114 1" Pe.
atandird caae current terelpta. A Oper ca'.
ae.nnda I1J 41M5 7". per caae wee torn, extra
llrala 114 111 per inae tlreta '"'". 'I''.,,?
Mconda. J12 4,11S71 .refrliserator eirBJ. '"'.
Ill 70. flreia linsn "oennda III 1 '.' :;,','
full. eelected eeca were Jobt.lnu nt ....n.-'ic
"T'l'li-nSK was nulet but alea.lv under mod
erate olTerlnss . iJiioLitlnna New )"1rK)llBLu"'
ream, fancv. June. 2r..'i,c Filial hlrter.
do, do. frcali m.ide beat 2.M(2.k. do. do. fresn
made, fair to Etwd 2l21Vic
POULTRY
MB wrfa In fair renueat ."id firm under
moderate auppllea The quotatlnna ransed aa
fnllona l-nwl n to mi illt. 2IIW23C. roaatera.
ISWlllc. nuallH 2061211 hlte l.euhnrtia IHW
21c duck IVkln 21WJ.V do Indian llunm r
in 4l2llc, do aprlnir, 221 2.1c turkoa. 2Hf 3.i ,
Kiilneaa, xounK per tmlr welKhln? IMi t - U'"
aple(e IHlriiiM alluill. r al2ea 7II1IR0. . do. nld
per pair. I'.u'ifnv plueuna old per pair. Jlf
2dc do . o.inir ner pair. 2011'. 2f
IHli:ssi:n liematnl wun fulrlv nctlie and
aluca BenernlU were well euMalned on tine, de
alrthleeUed atnik auppllea of whl.h were well
und.r control Quotation were Turkeva.
..,lrti unrlnir I, p,l M lil !C.i, tlirkeiB. Old,
f,uah Lllln.l I...H ..,,rl.. Mlirr.'IC, . Meat.rn.
They WOllld pilll b. at MKiRJc enmmon 21512V. fowla, 12 to
i ii ix miiiviRii nr -mrKi'ii i ii in v ni'iri inii "v
do wvlBhlnir 4Vj Iha npie.e. 2:.Sc do wclalp
InB 4 lh iipb.e 21c. do. wilKhlllK aH llw
apiece 24c. do. welRhlnB 3 Iba apiece, 20ff
2.1c. fowls. Iced. In bbli , fanu dry-picked.
WflBhlnK 4,-a Iba Hnd oer apl.ee. 2."c, do,
welKhliu; 4 Iba apiece. 24. do amtller alzca,
I'l5f2.1 "Id roottera drj -picked 21.. brollera.
.lelBhlliB IS W3 Iba apl.ie I. rse fan.v. .TJW
3tlc VlmlnlH, fancc tn33c other nearby.
2Sf3lli weatern 2NHI.ini, roantlnu chlckena.
v eatern wctehliu 4 Iba lin.1 ocer apiece, 24M
2.".c. chtekena. western welBhlmr 3uj Iba
apleie 2.'lc. do. welehlwr 2'4 f.l Iba nplece.
21'2Jc Rprlnu di'i ka 2ilr2c, BUlneaa, aprliic.
welRhlna 3Va i 4 Iba iwrpilr II IB. do anialler
alz.a 1 III 11.1 aqualia white welnhlllB lU'J
Iba per doen III 2,"l ll 110 do welkhlns IIWH1
Iba p.rdo7en IT, r, 4i ll do wclBhlnc; s Iba per
dn,!. ii 14 SOUiri, do MeUhlne 7 Iba per dueii,
II 7.M . do. welnhlna Mim Iba per doien.
U 7.-.W.1 M do. dark. t ft I 7.1. do. small und
No. 2. 7.VWI1 75
aolld-pucked.
nir Boo.ia 4i
isUc. acconda,
4IMp nrlnta ' nenr'bv fancy. 4Hc. axernil;
Tt,eri0ccMM ii u ell-denned rutniir on tho Street vesterdav that .T. P. Morcan had tru. ItlW IV, tlrata .44W.4r.c ecntuia i i ".
-- - - -- - . - .-.-.--..-- mierl n bnin.la or prima jounina i.i '--"-,.
told the Boiernors of the Stock Exchange in New York that he was through ut . .JiGOHr-Kii'' :'.':',' 'f." "'," The nuotn-
..t .cltli nil Ilmililntlnn nn Ilrltlsh account and that unv future llnuldatlott bv I ni. rren eae. nearly Urate 14 10
ilEatii. ,,. .-- ..-,--. -- . -- -
his firm on that account would not be such us to have the slightest effect on tho
market,
There was also another equally dellned rumor that it very prominent banker had
tcrltten a tigorous protest to Judge Iovett ngalust tho city administration going
ahead with the building of the subway, or the concourse from the t'lty Hall to tho
Park on the ground that no labor or material should be dlicrted or employ eil In
ork not at picsent absolutely nccesssary, and also In view of the high cost of both
hfftrund material, coupled with tho necessity of cousenlng the rlatlon's llnancen for
ar purposes by not permitting new financing except whero absolutely necessary.
Steel Vorkers Big Buyers of Liberty Bonds
Speaking of the new channels into which the bulk of the nation's money Is
now being diverted, namely, the harids of skilled and unskilled laborers, the repre
tentatlxe of the Mellon National Hank, of Pittsburgh." Pa., In this city, who lias jut
returned from Pittsburgh, whcie he went to assist during the Liberty Loan camtnlgn.
tells of the thousands of workers in the steel mills there who came Into the bank
to subscribe for bonds, their hands burned nnd calloused with hard work, and who
Inalated in buying bonds outright no installment plan for them
out rolls of bills of $500 )V more, he said, und put It all in Liberty Bonds. Many of
these men, he said, beforo tho war created such industrial uctlvlty, wero barely
making enough to keep themsehes and their families; now tluy are earning from
tin ... cn ,,! mrn n xc nek nnd the steel mills me glad to get them and pay them
such wages .Some of these men, he said, came back a second time fcrV bonds
during the month he was in Pittsburgh.
The shortage of both skilled and unskilled lubor In Pittsburgh at picsent Is
such that the mills cannot run full time.
Of the $13,000,000 of subsciiptlons to the Llboity Bonds taken by the Mellon
Bank alone, he says, about half that amount was subscribed by these hard-working
men and other small subscilbeis. The Mellon Bank took In addition jr.,000.000 of
Liberty Uonds on Its own account, making n, total subscription of $20,000,000, and
the same amount (f20.000.000) was taken by the Union Trust Company, an atllllatcd
'concern.
In talking about the subsciiptlons lecehed in the large manufacturing com
munities which aie considered ns being In what is called the Pittsburgh district, ho
gae as an Instance the First Nutlonal Bunk, of Homestead, which appealed to them
for clerical assistance, the number of subscribers from tho Curncglo plants In Homo
stead alone being 1D.O0O.
He thinks that these workers will sao every possible dollar-between now und
the next Llbeit Loan, which he believes the Government will have no diflleulty in
floating In fnet, he goes in far as to say that ho believes It would be tho most
uccessful ono ns ye"t, as a new crop of bond bujers has conio Inlo existence heie
and have conio to stay.
Municipal Bond Market Looking Up t
It would seem as though the market for municipal bonds has begun to open up.
- remarked the principal of u large Investment house, which specializes in thut class
of securities He then said that the first order ocr tlie tclepnone yesterday morning
shortly after 9 o'clock was from a private Investor for $25,000 of a certain issue
Which ,e sold on u 4.27 basis.
This customer, he said, is n woman who has an Income of probably moro than
$!5,000 a year. She o;vns $100,000 of Liberty Bonds, and slio bought theso municipals
to escape all the necessity of calculation about taxation. As theso bonds uro tux free,
she does not have to reveal ownership of them.
"We have had a number of Inquiries," ho said, "but too muny want to buy ut
prices which would be a loss to us, and wo uro holding off, us tho Indications point
stronglj to a considerable appreciation In prices for municipals in particular."
During the rccenC slump in the stock .market, the prices of bonds also slumped,
and een good municipals suffered vwith the others. A very good example of this
was the Cltv of Philadelphia 4 per cent bonds, maturing from 1943 to 1940, which
were recently sold "over tho 'Counter" at par, lust weelc brought only 98',4; thut is,
they were sold on a 4.07 basis. There was no valid reason for tills; they wero just
s good last week as the duy they wero Issued, but an instance like this serves to
H Show the unreasoning frume of minu which prevaiieu uiuuiih m return, wnti idsi
week und particularly on Monday last wero willing to sell good securities at
sacrifice prices, when not restrained by conscientious bankers and brokeis.
Prosperity Marks the Corn Exchange Bank
In addition to declaring a semiannual dividend of 10 per cent (an Increase of 2
per cent over tho last dividend), tho Corn Kxchange National Bank, Chestnut street
at Keomwi iirAnii nnnii niimlovo with a. hundsomo cash bonus for fuitliful Per
il forman.ee of his duties,
. (.'.,.. .;... renilinc nf Tllln PllhltP ff7fV.W
OCJUCIIIUCI uuil.uiyu vri - .-v. . ..-.-- -..-.
The West Penn Power Company und subsidiary companies report for September
trots earnings of $328,917, an increase of $73,122 over the corresponding month of tho
preceding year; net earnings wero $104,413, n decreaso tit $4942. Surplus ufter pro
, (erred dividends, was $481,130, a. decrease of $60,377.
Tho United Light and Hallways Company reports September gross earnings of
subsidiary companies of $639,020, un Increase over September, 1916", of $88,337, or 16.4
per cent. Operating expenses show an Increase of 22.8 per cent, incluslvo of main
tenance and Federal income tux. The net earnings wero $223,860, which was, un In-
, crease of $11,301, or 5.3 per cent; gross earnings for the twelve months ended Sep
tember 30 were $7,330,179, a decrease as compared with the preceding twelve months
f $569,672, or 8.4 per cent: net earnings wero $2,749,981, an increase of $73,074, or
b.J.7 per cent. Surplus earnings were $595,264, which wus an Increase of $43,128, or
j 7.1 per cent.
The Itepubllo Railway and Light Company reports gross cimlngs for Septem-
IJber amounting to $426,250, an Increase of 27.45 per cent; net earnings, $145,577, a
decrease, of 3.43 per cent. The balance decreased to $37,992, or 32.42 per cent. Oross
earnings for the year ended with September Increased 18.85 per cent; net earnings
oecreased33 per cent, and tho balance for tho period decreased 26.97 per cent.
"ale. 12 ,h H. bt,!,- ,i
fancv. 11J; ' u
LIQUIDATION SENDS
CORN PRICES DOWN
Beara Are Aggreasive und Buy
ers Timid Pending Publica
tion of Government Report
nil.MN I1KI.T MKATHKR lTinhl'ANT
rillCACl'l. Nor. . llllnola.-Mlaaourl. Mla
ennaln, Mlnnenotn, lawn, ebraekn and
Knnaaa I'alr tonlxlil ond t'rldiiri not much
chanire In temperntiirra. ......
.Nortb nnd Mouth Uhltntn IWr tnnlsht
nnd 1 ridnri aomenliat colder l-rldar In ex
treme Meat. ... ,
Montana nnd Mtnmlric Fair tonlxlil nnd
Trldoi cwoler Trluay In extreme, eat.1.
CHICAGO. No 8
Pcxcro loss In securities, tho deposition of
Kcrensky and his cabinet and tine weather
In Ihi) belt led Ui considerable liquidation
of corn today and, with the bulng poor
because of yesterday's general coxerlng of
shorts, tho market was weak. Bears were
tra fancj K2d?f ,s ?" Il'ixea. Idaho, exl
mall" tfiio lv.'-J'".1""". ""Hum, 22 in.
rde I SOfi.1 ?xhl2lt.,.nn' ome lleaullea (''
WIM'r'ilB2fn.TV.P"ni'ri5. "C" urade. !2.
v mut-, , ,,,,
ew Jeraey, per n2-it.
(100 Iba ), I9M10, extra
iiitAM-i'v ,
rorda. finv. SI orK' nr ,r'"1" ''iiaKet. Ton-
luiakef i'i&0,?rrr' "reen. 4iin0c. per 3 lb.
rKAIll' '&' 'r 4-qt. baaket "tnoatly lllc
quartVr ! neck.) icTIcT'- p..5i;A"""i1 b""k"
bbl (40-4 A.!ttrn' !sfr4""! Ne lork.per
BheMnn0 to "XWT P'ck). l.a rence. IiiAt.
HTItAWHEl.,iKI: cyfofnlalpeVpt .'20030,. iaggrcsalxe and buyers wero timid, pending
tic-iv. VnOKTAllLKH
0 87 " 1"ot" ,"l"lld' "er bJir (30-lba.). J2.2S
ii,ii1i:.I2;.,.,t,"rhJri i'r bunch, 2Vj fr.lHe
13flr E'"8 "'""OUTH. I-onirlalanJ. r-r qt .
n''V.'iVTS.' Nw.' v.orlt- "'r "" tlomeallc. J20
nuVrVrl?IcNKr"feH-rr H-hv,M '"M 8-
I."iw'?,v'UY' " Yor,' xiaahed. per dojen.
iiljl'hSl.L,Kn8- ,'l"rl'a. per buahel liamper.
j'fliliJi'I'ffi";1 r.'r doxen. T.VVtl HO.
ported 'T"- Horlda. per crate, no aalca re-
vt'iLTiV.o'A.r"1, ,,ox (r do heada) 11,2.103:..
MUSHKOOMM. nearby, per 4-lb baaicet. II nil
How a. New York,
7.1. California.
buahel bucket (S-ll
,i.?l Pcr.inn.lh aacka, ;cll
2.2.Til2 TS. JlaaaH.huaetta. $2
i.Tt'.'uv.'.H.L11- rnwna. I."J.".2.".
i,ri ., M ,M,i ..."
nclni.L.,"" aalea reporte.1
rf-Li ..'., i,."",rh) 'lor N -buahel baaket (S-KI
ftn-TA-Lr,c.i"c' mimto Pcpnera. 7:.cl II 2".
,K' -TAC91''S nearlu. per S -buahel baaket, 31
!,.,i."'w',M econd- Miflniir; bulk, per lu-hel,
II Infol'siV "k' " "'"Wl "'''' Ncw ork;
L'J.W'.'I'&'.y Iirhv l.er 100 2(fn
,u.rlI,!Jefc.?'5ft,ioy-r -"' "k'l ""
HWK1IT roTATOKK. nearby, per H-buehel
e"'i. ?i-iIUHr,"r .hS'A.V"1'.-. e"oa and
r, ,.,." ei"llde, 2..3Sc, llaatern Shore
L... ' fili". ... r ""' im-iu quarter pecka).
flr-ta Xj1f2 4ll. aeconda, 11.
I?,MA.T,(?i:s'lr ,h i"" houee. ISxT2.V
bnLl.aN,''-1,fff'7lla,, P" ,0 ""' ,lu'-
per1V.CTS.VW Tr" an r"""l'"".
AITTION SALES Yt8Ti:HDAY
,.OHA5.i:s. rallfornla, Vnlenclaa, l1rSe atze
(10-tJ dozen). IJ ill Ufa si medium, l4.n.eni
I20'4II1 email (20-27 dozen) 12 21W3 ?
Florida ptrhox f.'VS fin --. i".
(IIIAI'KKIU'IT Florida (40 Ofi). ISDOfT.IT-
i.i.jiii.n-;. i-aiifornla, per box (300). J.l iinJ7
(Sun) niiitiii
n.VMII tin, Mala
Al'IM.IW Waa
IKS). II SUffS I."
(IIIAI'I:h rallfornla. per 2Mb. box. Toitn..
Hill tin, .valasaa II 2Hfl ,',n.
AiTl.rN iVaahlPKlon, Jonnthana. per h,x inn.
Opera Singer Arrhcs From Europe
AN ATLANTIC POUT. Nov 8 Mine
Teresltii ("arrciio Itlolx, opera slutter'
Colonel ,T J Acken and Xllshop . 1 Car
lisle wero jMssenBers on a llrlllt.1i Htedmshlp
which .irrlxed hero today from a Urltluh
port with 126 passetifrers. ,
the publication of the Goiernmcnt reports
nt tho rlone.
The new crop Is belnB pent fr.TWard more
freely, but the quality Is uniatl'fuctory.
Heprcsentallvca of the various exchanges
are trnn to hrltip pressure to benr asulns-t
tho railroads to Increase the supply of cars
The tone nl I.lierponl was Arm on the
rife hero xestcrday Shipments from Ar
Kentlna for the week, partly to the United
.States, were eatlmnU-d at 400.000 bushels,
against 4,072,000 bunhels last year
No 2 jellow in the sample crowd was
: 08iji 2 15. compared with ' 2 10" 2 20 yes
terday The hlBh on December was $1.184,
the lou 1 1CH and the close $1 16, com
pared with $1 18-, the final (imitation nf
jesterday. The best on May was $1 14, the
bottom fl.ll", and the Html 1 l"''il 12.
arralnst $ 1 , 1 3 Ta . jeaterday's last iir'cc.
Oats receded with corn, with support
lackincr. Trado was not larRc and clunises
In prices wero nnrrow Tlie cash art loin
held well and It was said exporters were
doliiR n fair business under ooer. Iho
tone ut I.lMrpool was firm, w'th consump
tion llUcr.il. No shipments were expected
from Argentina for the week.
Standard In the (.ample crowd was Otifi
Gle, compared with 604.6 61 &f, jester
day's final price. The high on December
wos GOSaC, the low DS'lc and tho closo
6Dall59c, romparqil with 59"ai'. the final
quotation esterday The best on May was
I'lO'c, the hottom 60c and tho final 60 Up
bid, against 6i)jc, j esterday's last price.
Leadlnie futurea rnnci.l aa folloua
New Manaser for Mining Company
NKW YoniC, Nov, Owlnic to the ell
llsttnent In the army of J. C. Oreenwaj,
general manager of the Calumet and Art
ioikc Mining Company, his place will be
taken by Dr. U D. Itlcketts, former con
sulting engineer of the ssme company and
of several others, among Which are tha Ant
conda, Clifton and Inspiration Copper Com
panles. Doctor Itlcketts was formerly
manager of tho drecne-Cananea Copp-r
Company. Ho Is an authority In mining
and metallurgy.
BAR SILVER
Today
New York fcenla) mi'
London (pence) 43
Hal 1017
tea Thura tllvh Ixiw
KIlS S'lV insu fn
11 i n.i 3.111
LOCAL MINING STOCKS
TONOPAH 8TOCK8
Jim ttullee
MarNamara
.Midway . . ,
Mlxpah Kxlenalon ,
Montana
Northern Htar
Iteacue lluta
Weil End
nOI.DFIKLD BTOCK8
Atlanta ., .'
Illue Hull
Ilnoth ,
Dlalnnndfleld I) II
Daley . ,.
Kewanas ...
orn . .
Sandstorm Kendall . ... ,
Hllter Pick , , .
MIHCni.LANl:Ot8
Arltona l'nlled
Nevada Mondef ,. ... 1,.,. 1
T.xnpic Mlnlnu . . .
Illd
.73
ia
7,r5-SWi
Rk &iivz&z &
I fSunlight Jij 1
mivA' i...m v.'s?!3
Corn (new dellcerc) Ye,t
Open lllirll Low Cloee ,ra,'
lVe 1 lS 1 I"1" I t'l-i tl.Hi' 1 lsi
.Ian I I .- 1 l-Ha I H 1.131, 1 i.-.ij
Mo 111 1 14 I IIS "1 I21. tl 1.1'i
Oat
tiec . m nns r.Tx nni, r.-u,
Ma 1.11W iioia tin mil. i,oS
I,ard
No . "20 30 2d R1 20 72 t2lt SI '211 30
nee 212.1 2127 23 01 21 Id ".M 711
Jun .... 2.1 7.1
lllba
.Inn . 210.1 24 l) 2172 2177 23.1.1
Mac. ... 2.1 M 2.112 2.141 2.120
Pork
Jan 1.12.1 IT. 30 4171) 44 7ll 44 20
Hid tAaked.
Used in over 4,000 factories
The only oil paint with a glossy, tilc-likc, white finish.
Made by a special process over which we have exclusive
control. Contains no varnish. Its firm, yet elastic, surface
will not crack or scale, for it expands and contracts with
temperature changes, and withstands vibrations.
Rice's Mill White
(Barreled Sunlight)
Sold In barrels, also in cini.
Made In Gloss, Egg Shell and Flat.
The original "Mill White." It
increases your daylight 19 toieS
by actual tests. Reflects every ray
ol natural and artificial light. Re
duces your lighting bills. Resists
dirt. Is sanitary and can be washed
clean when other paints need re
coatlng. Remains white long after
other paints have turned yellow
under the same conditions.
U. S. GUTTA PERCHA PAINT CO.
PROVIDENCE, R. I.
Co., 520 Arch St.
For ill interior uaojn
Textile Mill" Apartment Houiea
Machine Shopa Storea
Factorfes Laundrlea
Officea Qaragct
Inttitutiona Prlntlnc Room
Hot-la Dairlea
..... . Cha. bond Co., 520 An
tu-l ',..,, , c- p- Darrow & Co., 5621 I
Ph,lad,lph,a by simmt Drug Co( 13 South -
Germantown Ave.
3th St.
FKESH FRUITS
Demand aa fair and aluea cenerally were
well euitnlned, Ii" flloa Aliplea per bbl
Joniitlinn. J.l'ciil Klnir 4 5(i1.'ii) 'PJ'-.-'i'S'
.11(1. 'I'Hpntc-nuncp 14 6.1. Vtlncaap I3i.;
Weaithc 1.l. Iluhliardatnn. J1W.1. (Ireenlnit.
3WH llu.hew. M(f 4 .1(1. Illldnln I3f.1 Home
ILnutc, 14 .1u1 1(1. Mm men Wlneaip I4
.1 nil (Irlin.a'a Oolden 13 07,11) Marlte. 3.,1
full nlppln 3W.1 (lano. $3f 3 7 nrk Im
perial .'4 7.1 Hen inula $U3 71 APPlea.
Meatern. per b.ix lorintlian. fir,ui3. Winter
llinnna. J.,nf:t liencloiia i.-ti.c ciriinea e
dnldeii, 1 1(i2 2.1 (irtlec $l.in(n2"i, ann
l)nld II 2.1i 1 71 Helle Kleur. 112192 Ap
iilea neiirbc. per hnniper. nnelt $1.1(1 do. do.
per S-huah baaket J.'ut'tlSI Quinces. New
York per bbl ' .( 3 r,l) Lfinoni per bo.
tmn lUnonaa per bun. h. tl :sf": .Vi.
Oransea California, per bunch J2 5pil Grape
fruit l'lorldi per box II f 4 7.1. I'lneapples.
1'nrto ltlco, per i rate M 21i.1 10 Oratat.. New
York per 3-.b baaket IOWIOc dn. do. per l.i
lli baaket antriililc do I'nllfnrnli Tokic. per
crate 7.1c"Simi do CallfornU MnlaBaa. per
rrate. 1 2(11 .10 do California Muacatel, ier
crate SI Jill 17.1 do California C'ornlchon. per
irate. " I 7.1 fit 2 '-'.I I'runea Ncu York, per I
nt baaket 1.1S.1e .Peara. Necc York per
1.111. baaket llartlett 1I2 Scckel, 2Jl 3: do.
do. tier bbl, llirtlett l'i.". Seckel JilS. do.
do .seckel per ken -' 1(1)4 Cranberrlea. "er.
ae. per crate 2 211H 2.1. do. do per bbl , ttf
11. Htraccberrlea California, per pt 1.1tt30o.
VEGETABLES
Suppllea ccere quite liberal and tho ueneral
luurket ruled weak ulth un enibari-'o exlstlns
nn potatoea and cabbnBe Irinle na quiet
Quotatlona White potatoea, .leraev, per S
bufhel bakt No 1. 7.1"fh1c No 2. 4(llt()cj
white potatoea, Jersey per 1.10 lb ban, Olanta,
S3 2.13 40. white potatoea. tar bushel Penn
lcanla. fancy, SI "11" 1 " . New Ynrk.,$l S'.)
1 nil: New Jeraey. SI 21M1 .10. acceet potatoea,
Jeraey per S -bushel bkt No 1. 4di sne: No
2 2,1 tf 31c Celery. New York, per bunch. Wit
()c Lettuce. New York. laT box. laenfi ..
Cauliflower, I.onis lalaiul i-r box. St2: do.
New York per box. $tff2 llruaaela Sprouts.
Lone Island, per qt.. 12Ple Vcntercress.
Ne York, per ion bunches SI Rni'2. I. Re
plant Florida, per box S'J. J.1W1 Cucumbers,
Florida, per hiuniwr. S38(M lleuna I or da,
Kreen. per hamper J3 -.Off.. reoa. Florida.
Per hamper. 1 .Ml, 4 CablmBe. N"W York per
ton S2.121, do Pmlah seed. ier ton, S1D83J
Onion;. New York. Maaaa. Iiu.etta Ohio and
Indiana, per til -lb bac .No I. "- ' .
No 2 SI Ml no. onions. California, per liiiMu.
bac, S2(!343. Mushrooms, per 4-lb. bsnt
1175.
COTTON PRICES RALLY
AFTER SHARP BREAK
Italian War News Leads to Cov
ering and Helps Tone
Considerably
i, .. , . .ill '
Tbc lacw PacJuutl Tlaullu- Osc.
How long will it last?
TOO IMTK FOB rrbrlinrATltlV
"BPA11K8
Sales of Empire Gas and Fuel Company
The constantly increaslnc sales of crude oil of the Empire Gas und Fuel Company
V? from Its property In the jigusta und El Dorado fields in Kansas are of particular
If Pertinency, rnnal.ierini- tlm iiprllnes in tho market urlco of Cities Hervlco common. In
H ympathy with the scneral murket. In 1916, when the common bold at more than 160
rf. winis arjove present prices, but iroin iw.ouu 10 ss.uuu oarrcis 01 uu wero uuuy mar
keted. Kor the flrBt twenty-seven dayH of October this had increased to u dally
average 6f 46,800 barrels.
Comparison wjth other months of this year Is equally significant. In May the
lea nveratie-d 21,809 barrels, in Juno 23,800 barrels, in July 26,600 barrels, in Au
S"t I2.--00 burrets and in September 41,200 barrels
IMt year, at the time of the lilch rullne market for the common but 27 per
t ws earned on the 'junior issue This has Increased to virtually 60 per cent, "'fWTifebS. VStf".1'.?.
reo-iu-. In tk kttsrvnl.-the total surplus nnd .'esenM of Cities Service Com-I to fmiera.5 utrvlpe, ,8ai- 2e
Ni:V VOAK, Nov. 8.
Better advices from the Italian front
tallied the cotton murket toduy after It
had broken sharply on tho overthrow by
Nusslan radicals of the Kerensky Oo em
inent The drop wus preceded by btrenRth
on a bullish glnnins report by tho Census
Bureau.
The figures were Miialler than had been
expected, due, It uus believed, to cold
weather and ruins In the eastern belt, which
had Interferrcd with picking, nnd to a with
drawal of a largo number f laborers to
work on army encampments and eewherc.
When tho news of obtaining control of
Petrogrid by the Maximalists was received
helling became nctlve und with becurltlea
decidedly weak all the early gain was
whipped out nd sjop-loss orders were
reached. Toward the closo reports of suc
cess from Rome led to covering, helping
the tone considerably. It was reported that
room had been booked on an American
vessel for Liverpool at "8 per hundred and
that $9 per hundred was bid.
Yraterdny'a , . . ,
close Open High !-" Close
Dec-ember . 27.29 27 M 27.W 2T1T 27.41
January .. 2H.HH 2 M 27.17 20 4.1 20.71
March . 20 20 41 20 7H 2H 02 2(t.-(l
My . . 2.I2 20 21 20.1.1 25.6S 20.10
Hpot . 20.10 28
DEATH 4
-Nov. 7. MAIIIA.
K, widow of
Henry Hnarka and duuxhler of late James and
turah Olden lleiatlves and friends Invited to
funeral services. Xr J0 P m 100 W
luiV.II at Int Out morning at conveultnco of
"5?lKhH-t-NVv 8 OIAHLK8 h , bwta-d.f
zo p. m ani
The stayingpower of the Marathon
runner signifies something more than
mighty thews and sinews.
The economy of effort, which car
ries him mile after mile, springs from
the soundness of his bexjy-machine.
He knows how to use the force which
good health and careful preparation
nave given him.
It is fundamental soundness of de
sign that creates in the Twin Six mo
tor its smooth flow of driving energy
with positive economy of gasoline and
gives to the Packard car a long .and
speedy and healthy life.
Initial cost is not the great factor
in your year-by-year and mile-by-mile
outlay for safe, swift and comfortable
transportation.
The staying power of the car is the
thing that counts its continued effi
ciency, its low maintenance expense,
its high market value at the end or
the first or the fifth season.
One decisive test of Packard stay
ing power is the substantial prices
which used Packards uniformly conv
mand in this most unstable market.'
The oldest Packard is still a going
car.
Se-rcntxcn dlstirwetrre body it-fle t open and enclosed cars la the Third Series Twin Six 3-25 and 335
A s li the man who owns one
Packard Motor Car Co. of Philadelphia, 319 N. Broad Stv
Uethlehem, Camden, Harrisburg, Lancaster, Heading;, Trenton, Williamsport, WilminRton
S7Xgan
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