i
C MEttlNG LEDGEE-PHILADELPHIAr FRIDAY, NOVEMBER 0, 1917
iSSIP OP TfiE STREET-PHILADELPHIA COMMERCIAL MARKETS GRAIN AD COTfON
WW
lOND AND INVESTMENT .
JdLUUbESSEEJBUJSUNESSBUUM l
1
Encouraging Reports of
Salesmen m j.nis ana Adjoining states.
Gossip of the Street
iOND and Investment houses report a
I'D titty Instance where such houses havo salesmen out over this and adjoining
HUte. they1 are receiving, very encouraging reports and, what Is moro to tho point,
'M receiving orders.
,One of these concerns, which covers
Vlrtfnla arid a part of West Virginia,
'the ptaW without exocptlon, ,nro getting
b iiti market and the banks navo money
la rails.
J '' Municipals, tog, are In good demand. Tho manager of a well-known Investment
(concern said ho had sold $250,000 In bonds to one customer yesterday, mostly 4 per
(cent municipals. Theso, he said, were tax-freo In Pennsylvania so far as Government
:ej are concerned, but wero subject to tho
P
people would bo surprised, he remarked,
j ,j esldence In Atlantic City sometimes It Is only a room In an apartment In
iaHr to escapo taxation on municipal bonds. Taxes on such bonds Issued In outside
hrites. he said, were not enforced In Now Jersey and aro not collectlblo In Delaware,
7.a Vr Hint reason both 'of these States nro ifl)od markets for municipals.
k' Tlie principal of another largo banking
itWt peoplo had money1 for Investment and aro looking for bargains. Tho inquiries,
I j,, remarked, ard coming rapidly and whllo thero aro more Inquiries than sales,
iwhlcu Is usual, the general tone Is much better than It has been for a long time.
hlle nobody Is looking for an Immediate
corner has been turned and tho Investment
Huge Army of Liberty Bond Buyers Gratifying
The announcement from" Washington by Secretary of tho Treasury McAdoo
jiving the figures of tho rpubscrlptlons to
Mncrtiseives, uus nut uui'iisiuuea mo guuuinu suriinsu mm nuprcmo sausiacuon
? occasioned by the big army of 9,400,000
ittrength of tho second Liberty Loan.
The man on tho street will appreciate what these figures mean when ho Is told
that previous to tho war there were not 500,000 owners of bonds In tho whole country.
Jfor years''tlio Investment houses In tho
r A nomilarlzo "baby bonds." that Is. bonds
for years the papers, botli regular dally and financial, had held up tho examples
of the thrifty French and Belgians, who Invested their nlliln small bonds, but It
would seem that these countries in tho future aro to havo no monopoly on thrift.
Already tho Investment houses aro beginning to be aware of this new ormy of
more than 0,000,000 bond owners, as they aro receiving requests for additional
fonds from many of them.
It Is moro than possible that tho many
tnnielflahly devoted their time, and nt great expense and Inconvenience their per
tonne!, to the Liberty Hond pamtlgil may In the near future, reap nt least some
I reward through tho addition of such largo numbers' to their cllentole.
Market Disturbed by News From Europe
, Again tho market was seriously disturbed yesterday by a series of unexpected
events, but it Is usually the unexpected that happens, especially In war times.
' ' Frst came tho disquieting announcement from General French In Kngland,
Trtere bo had warned the English to expect a landing expedition from Germany at
, ' any time.
!t Whllo this particular piece of news had very little effect on prices of stocks,
. I(. was quietly regarded In some quarters as In a sense more serious than the subse
quent news from Russia announcing the downfall of Kcrensky.
The news from England was looked
that General French had possibly referred to an Invasion by tho air route. It was
argued that with the combined English, French, Italian and American fleets, all
largely augmented In both ships and personnel since the beginning of the war, and
all prepared to repel any Invasion by tho
Germany to Invade England by water, so
believed, would bo qualified In some way by
" Unless tome very serious developments
daya, It Is believed thero will be no further
Some brokers say that the public will
a revolution or a series of revolutions In
P can affect t, e prices of railroad stocks In
5 movic in TPnrihnnnitnn
t
Many traders aro looking forward to
Steel Corporatlbn on Saturday next of' the
j. it is generally uenevea xiiai ioiiowing
iubstantlal decline, not perhaps so much
month, but closo to It.
As the steel men say they are sure of moro business than they can well handle
ftr months to come, any effect that may-be produced by a falling off In orders will
be wholly sentimental. It Is now well known that In many of tho departments of
tho steel mills about 90 per cent of tho output Is for Government orders, and great
activity Is expected for a long tlmo to come.
, Many of tho plants were more handicapped In the past by lack of material
vthan by lack of labor; now the conditions
increase m tuo output of pig iron during
. Aiitnnf
."""""
Tu)o Views of Business Future; What They Signify
Two widely divergent opinions prevail
the. .effect that a declaration of peace, or
Yould be genuine, would hava on the Industrial situation In tho United States. Whllo
the subject was being discussed tho participants on both sides freely acknowledged
that the signs for peace, as we want It, looked moro remote yesterday than ever.
Some took a very pessimlstlo viow and could see nothing but dismantled
munition and other plants now engaged In making war material, thousands of
idlo laborers and everything In general almost at a standstill.
On tlto other hand, the majority could
but rather a brief perlodof readjustment of machinery In somo specialized plants
which are devoted to manufacturing munitions and certain war material; but In all
ouier lines of, Industry, a greater degree of activity than at present, with possibly
wages somewhat lower, but with a corresponding reduction in the cost of living.
It was argued that virtually every railroad In tho country has "run down at
.the hls" In the, matter of equipment,
year w bring them up to tho proper standard. This would mean the manufacture
of hulfdreds of thousands of steel cars of every description, calling for the output
' all the steel mills and car shops in the country; for tho manufacture of thousands
ef locomotives, o'f steel rails for extensions and replacements, as tho railroads are
today patching up every car and locomotive, even if It will make only one moro trip.
The electrla manufacturing concerns nro away behind In the completion of
orders received and In some cases aro refusing to take additional orders, except
conditionally, and at prices out of all reason. Many public utilities are partly
crippled for the lack of electrio machinery, which under present conditions le unob-
talnable,
Gas and oil companies are hampered for the lack of piping, for which they are
Willing to pay almost anv nrlce. Water-Dower concerns are In need of cornier. n.nd
there is scarcely a standard Industry in.tlie country which would bo able to meet
mo oemanas made upon It for years to come.
These are the conditions at home. But we will have to take the biggest part
Ja building upthe destroyed cities, towns and, villages of war-desolated Europe; we
a&ve thetr railroads to repair and re-equlp. We aro building and will continue to
build now that we are. startod. fleet, upon fleet of merchant vessels to carry our
Products and manufactures all over tho world.
With such an outlook, no matter what wind blows the stock market now hot,
now cold, to continue to be a bear" on United States securities -savors of lack of
Patriotism. -; .
Electric Power Replacing Steam
One of the Tesllltti nf lnrrin!nir rnfitft nt nnn. nnfnra nut n nrrtmlnftnf miKII.
utmty operator, has been an Increase In
wlTlal TVrar.- rm.1. I ., i j... a- -- .
t . r-..v, Aiuo nan ueen uuo to me loci
fXrk " t0 manu'actur Power at a lower
: with its Isolated plant of smaller capacity.
(remarkable Increases in gross earnings of
r be ascribed.
September Earnings of Georgia Light, Power and Railways
? , -v m u., Ajiw., til mcir i;uii0uuuuicu uiutcuiviii. ui cuiiiiiia ui ueoriti
infie!i Po,ver on Hallways and subsidiary companies (Intercompany Items ellm
iiu report Br08S earnjngs for tho companies for the month of September qt
fn ii B" mcreaM ' Pe4" cent over the corresponding month of I916f net earn-
144,837. a deorensa mtr.nmnnred with flontomhue 191R nt it nnr rent Tho Ho.
tatr?' WM dud to - temporary jdiortage of
interruption of service for Atlanta
jj ct 0ia4ef rnln; or tb
Revival Coming From
genulno revival of business. In almost
Pennsylvania, Delaware, New Jersey,
reports that Its representatives In all
business. The Investor Is back again
ana aro picking up bargains, especially
Stato of Pennsylvania tax of 4 mills.
to And how many wealthy persons keep
house sold that It was Tery evident
boom, tho prevailing Sentiment Is that tl)0
market Is on tho up grade, again.
the Liberty Loan, while magnificent In
subscribers. In theso last figures lies tho
United States had tried at great expense
of $50 or $100. but to no ournose.
banking mid investment concerns which
upon ,ns Incomplete, and It was believed
German fleet, It would bo impossible for
tho warning from General French, It was
further statements.
happen In Russia within the next feiv.
serious declines In prices.
soon realize that It Is absurd to think that
Russia, or even a separate peace by Russia,
tho United States, except psychologically.
StrnI nnvnnirntinn Ttonnvt
tho announcement by the United States
orders received during October.
me aepiemoer report mere win oe anotner
as the falling off of 500,000 tons for that
are reversed on account of tho largo
October, as compared with the September
In financial circles In this city as to
of any move In that direction which
see no possibility of a business depression.
and that It would tako from five to seven
the demand on electrio utilities for Indus-
.n-ji . - ...m... -J ) 1- ..
inut ine utility company is usually in a
cost than is the Industrial corporation
It Is to this fact that a good deal of the
several of the publlo utility companies
water at the hydro-electrlo plant, tfesult-
for about ten days. This Is a factor which
tf4v,inoyiths ended September SO grpsa
PHILADELPHIA MARKETS
GKAIN AND FLOUB
""KAT necrlnla. 140.102 buihU.
car
wn tf Ait l
1 5'.l'.",,rn No- 2
'AJUXf nominal
local irnnr, i ""
ellow, 12.350.401 No-
mils, ,.... . ' . .w't uuniiriB. ,vo ..--
vi ue. .uLcrr'.llln" we onlv modrraB'.and
whiil ,!S lYtU maintained quotation: Np. -n2
?,Si,Jw1Tf''"',d white, HflgniMci
....I ".Mtceinia,
o nrt . -,..1- n-,4a vaa
pnuniia In aarka. Offerin.n vr liuht and
nT..,.T...,"t"S.
I nulet hut i
We tiuolo (U.00810.
Muu..l
PROVISIONS
JJ1,1?."' t fair Jobhlne Inquiry and vnluea
l aV'I'"1!r maintained Quotntlona- flty heej.
JTJJ l""' ""d nlr-drlcd Me e.tern beef.
kmlelciS0!.'! ?"d nlr.drled. Sic. WeMern beef.
XA ii,.'. " -'""i niiiiiKMi oil- "'
cU?irt '."It- 'I".X,..-'IM. .m"
"t'd loon
?' CTJSlic
do. pklrinil. J"01?',
W27c, do:
h.m. "'-"'." . i
'. BmnkM,
.... .inoKCn,
ity curfd,
hrnml tTa
eiVtSJVc- Hm. "tU'Ued westyn
' W2I4r; do. boiled IwncIrM, 4c.
cured. !
aX """nouldera H
fill, aimnl.. j ... '
an amoked. 2.c tl.in.. 'in ntclile. accord
r, rurni. mow -,ivv-. u.
l. tn fc ""riiBe. looae, Mc Urenkfaet baron.
;to hraml and neraBe. cltv or w extern cured,
rfn .i'aV'v we'tern. rctlned. tlercca 2"'...'!0
re, i.l0.-, H1"- 2Sc. t.ard. pure city, kettle
tlo ,', '? tl'reea, -c. Lard, pure city, ket
tle tendered. In tubs, 28c.
REFINED SUGARS
!"! market ruled Arm en n baala of 8.33c for
Jttra lino cranutatcd.
DAIRY PRODUCTS
u.?llT,T'iurDemn,"l wn' fair ond themar-
iVn. ru .''- flrm under Hunt otferlnga. Quota
?. l-i !''"te',n nolld-packed creamery, extrn.
Air i i,r"n'r "corlnc koim1, 4n47c: extra Jlr'ta.
Ii, .,cl ?t. 4.'IW4:i'4c: aeennda. 1 1 4 i c 1
printa. nenrby fancy. 4iic, avcrace extra iPm
c: flrala 41iffric: aecondi 41WI3c. apcclal
"""d" of,Prlnta jobblni; at G2WS.V. .
LUOS The market ruled firm under llaht
orrcrlnsM of tine mock and a fairly actlvo de
mand. Tho uuntatlona Tree caaea. nearby
. .' '.'.V1" Pr atandard cnae: current rf.
celpta. $18 so p,r cn,, Mcond. J12.4.112 7.
per caae; weatern. extra flrata J14.1K per ca;e;
tlrjta, 13 Ml per cave: aeennda. $12 4jfl2 7.n
refrlirerator cbk. extra. $1170. flrata. tin Mi;
Brconda. $9 IKIlfl 10 fill, fancy eeleLted eBB wcra
JobblnB nt BSWStic per dozen.
I'llUKHi: Outald. adWcea were atronaer and
the market ruled tlrm and allahtlv hluher. but
demand whh only moderate ljuotatlona: New
York, full-cream fancy. June 'JSHc. aperlaN
higher, do. do. fresh made. beet. 23WW2T4e:
do. do. fresh made, fair to irood, 221! 323(..
POULTRY
I-1VI3 ruled flrm under moderate offerlnBS
and a fair demand (Juntatlona KowIh, aa to
quality, 2il((23c. rnoatcra. lNSfinc. iiuallty. 2U
W23c- White Lrajhorna, lIISS21c, ducka, l'ekln.
21S(22c, do, Indian Itunner, 111020c, do, aprlng,
2223c turkea, 2S(l32c. KUlneaa. Jounil. per
pair, neuthlns m to 2 lbs. apiece. m)c$l:
emalltr alzes. TobROc: do. old. per pair, flow
05c. plReona, nbl. per pair, 24Gf2t!c, do, youne,
per pair 202-'c.
TDUUSSEU Desirable stock sold fairly and
ruled firm, with suppllea well under control.
The quotations raneed n follow s: Turkey;,
western, sprlne. Iced, 823.1c: turkeys, old,
fresh-kllled iced, nearhv 3nW33c. western
best, 30M32C, common. 23Sr2.'.c. fowls. 12 tt
lx, mllk-fcd, dry-picked, fancy selected. 20c
do.' weighing 44 lbs apiece. 2.1'tr do. welal.
Inc 4 lbs. apiece. 23c. do. weighing SS4 II .
aplcco. 24c; do. welghlns 3 lbs apiece. 20W
23c; fowls. Iced. In bbls.. fanty dry-picked,
welchlns; 4H lbs and oer apltce. 2ric, do.
welKhln 4 lbs. apiece. 24c do. smaller sues.
liiw.'sc; out roostera, nry-pickea. -ic. oroucr;.
weluhlnir 14 02 lbs. apiece Jersey, fancv. 33SS
30c. Vlrslnla. fancy. an i? 33c. other nearby.
2BW30c, western. 2t30c. roastlnir chickens,
western. welKhlntr 4 lbs. and oer nplece, J4(H
23c; chickens, western, welehlns 3Vi lbs.
apiece. 23c, do, weighing 2'4 Cf3 lbs. apiece.
21922c. sprlns ducks, 2H92sc: itulneas, spring,
weighing 34 C4 lbs. per pair, $1.13. do. smaller
sizes, f ice t 03. squabs, white, weighing UW12
lbs per dozen. $0 23Hd.lUI. do. weighing ll10
lbs. per dozen. $.1 A 00; do. weighing 8 lbs. per
dozen. $4 r.00,-1. do. weighing 7 lbs per dozen,
$3.7304 13. do, weighing 0004 lbs. per dozen.
2.7303 2.V do. dark, 11.73. do, uniall und
No. 2. T3c0$1.73.
FRESH FRUITS
Choice stock was In fair request and values
generally wero well sustained as follows: Ap
ples, per bid. Jonathan. $300. King. (-J.riilCP
3.30. Spv. $4r3 Wl, Twentv. ounce. $4k3; Wine
sap. $303. Wealthy $303. Hubliardston. $30
3. Oreenlne. $303. Duchess. $304 30: llaldwln.
$303. Home Heauty. $4 3003 30, staymen
Wlnesap. $4 03.30, Hlack Twig. $4 03, Clrlmea
(lolden. $307.30, Htarke, $303. Tall IMppln,
$303. Gano. $303 73; Vork Imperial, $304.73:
Hen Davis, $303 73; apples, western Per box
Jonathan. $1 3003. Snltzenburg. 2&3: ltom
Heauty. $13003: Delicious. $2 Sf.3. Orlmea'
(lolden. $13002 23. Ortley. II 3002 23; King
David. $1.2301 73. Hell Klcur. $1 230,-i
apples, nearby, per hamper 3 V0$1 30: do,
do, per S -bushel bskt . 23c0$1.2.. Quinces.
New York per bbl $2 3003 30 I.emons per
box. $407. llananas. per bunch $1 2j02..iO.
Oranges. California, per box. $20..ro. Orape
frult, riorlda. per box. $304 30 rineapides.
l'orto Itlio per crate. $3 2303. flrapes. New
York, per 3-lb bskt . lO01c. do, do, tier 13-lb.
bskt . 3(iS33c: do. California Tokay, per crate.
$101 73. do. California Malagas, per crate.
$1 2001 30. do, California Muscatel, per crate.
$1 2301 73. do, California Cornlchon. per crate.
$1,7302 23 Tears. N'evf York hr buhel-bskt
Ilartlett. $101.30 Meckel. $203: pears. New
York. " -bbl -liartlett. $403. Meckel "Ji
pears. New York. Seckel. per kee. 12 3( 04
Cranberries. Jersey, per crate. $2.2.,03.2S: do.
do, per bbl. $001130. Strawberries. Califor
nia, per pi.. 2003V.
VEGETAI1LES
Totatoes of flne quality were In fair "nuest
and steady. Onions and cabbaeo were plentiful
THO I.ATi:
l'HK ('LASSiriCATION'
I)K,TIIS
' -l, A
llordentown. N. J.. Nov.
NciHma'n IIOHKHT. son of Howard and Nellie
ftul e-rAf USktUes' and friends Invited ,
services, jion.. i:.,, v ,u . . " ......- .--.-dence.
321S Mantua ave Int. private Irlcndi
may call Hun., after 7 P. m r,.nii
O'HAllA. Nov H, ANnill.W A. O IIAItA,
brother of late James O'llari. Itelatltcs and
friends Invited to funeral. Mon .8:30 a. m.
residence ot son-in-law Joseph Hlchards. 127
llrand View road. Ardmore. I'a int. Holy Cross
Cera. Holemn requiem mass at St. Coleman a
Church 10 a in Auto funeral.
NIClini.ri Formerly of lirooklyii. N. V..
Nov. R. JOHN O . husband of Kezlah J. Nlchoia,
aeed H4. Itelatlves and friends Invited to aerv
Ices. ilon.. 2 p. m . rcsldenca of son-ln.law,
Wilson K. I'yst 5S53 Ashland ave. Int. at
convenience of family. ., ,, , ,,
ItOllKHTS. Nov s KMZA. widow of Ilen
Jamln Itoberts. sued 70. Itelatlves and friends
Invited to services, Hun . 1:30 p. m.. at 321 H.
Trailer st. Int. private
I'AHKK At Chester County Hospital. Nov.
0. MAHYUTTA, wlfo of Samuel II. 1'arke, Sr..
aced fi3. Hcfatlves and friends invited to
funeral, without further notice. Tues, 2 P m.,
Kast Hradford. Pa. Int. Ilradford Cem.. Mar
shaltown, l"a Autoa will meet trolley at Oreen
Tree Inn. West Chester. I'a . arrllnir 12:43
and ItlR n. m . ,. ,,,,,, ,,
CHAriW. in AW xora. .nv n, r..MI,,i .!.
CHA1MN. Int pruali
Sat., 11:15 a. m
at Woodlands Cem.
m
wa
hi
III!
nmniiiir
PIERCE-ARROW
BUILDING,
iUJfALO.N.V.
This is ono of ten rein
forced concrete build
ings -vye havti erected
for tho well-known
makers of automobiles
T3uM by
.ABERTHAW.
iOflsmucncwca.
UdfJilTPN
'""' w Heady, Quotations, car lots. m i,V.A,Ju1'f,'l do, do, per 15n.b. W, Giants,
7,t.,'lfv,,,, Government standard inspee. HMOHn, do. p-r bushel, nil ihs Fennsjrl!
iiJ.'l-1 northern spring. 2.27i No. 1 hard V,". Jney. il.4uWl.iW! New York, U.3M
lM5lr'.,!9Tl No, l'durum. lI.aT. Nn. 1 .hard -,i New jersey, ll 23l.nns western. II
Eftl'' f---li No. 1 reTwlntcr.l2.31l No. 1 J , Sweet potstoes. jersey, t i -bushel
S2'i t"K ,ai (No. a of VcV of- Ihw grades & No. 1, 4uO7tict fro. 2, 2,163.1c, Celery.
Jf L huihei fes: No a no less? No . 4i ,f")J vl- TorkL wr. hunch, lilMnnc. Lettuce, New
$.A 2.SA- '".ail No 2 aoft red 122-i: No. i , 'i wr ,bx. Jl2. Cauliflower. I,onir l.land,
t2l7,,:ii31l.No. b soft red, I2ins No. 4 red. PJ r.'"J, ,1 7.1&2 2.! do. New York, per bo.
ifliJ LNo' 4 " red, $2.1.1 White wheat rel- TBI" Wl''"""l. Hprouta. Lonir Island,
ntlvcly ama urlcena red iMlied wheat. 2c off.) y,;. 1JJ . 12B18c. Vatercress. New Vork, per
No. ft Wheata. red or eoft and ''aarnp e." wl hSJ tWS," L0Ba. KutPlant. Klorlda, per
J, bousht on their merits but In no caao at SMi j3-,- Cucumbers, Florida, per hamper.
"ormlP under No 4 I iiiXnoi U"r.n"' "?? BrnL W hamper,
llnW".N-''?IW; 1.000 bushels. Offerlna. , wero I &&"?; Nte'vr'2rld;irm.iriu,3.i'
tat inn. T. " ""intnlned with demand fair. .Uuo.
e?r?!h.'.,'n.C,',.,",, Pounda In wood! Winter,
llir8!ihlr '"--3lln0! Knna. clear. t9.1Jit
SrinmenV0'.,,l,i??Iirl1- irrlnit. flrat clear, mill
V(i" rf'.i .-75M1"- anrlnir. rntent. pot .Ml."
It :I5("prinK Ptnt. mill ahlpment HO.IWrt
mlllSDrJn!l '""fit' hrands. U.r.lf 12.2.1s cltv
Sv mm0.1" Rm fanc' Ptent. Ill wmiSSV,
Sl"vJ, in'iior'ul"r "de. winter Straight.
to
nrl tl mi
...:.:"-;i....v'pit
vegetables wera generally
Ci
1)Mn1ah nerd
SIM
man m,i n , ...
10I-K, MflRRarhunltB. Ohtn mnA
lOfk. MfiRaa
1 ."' I'll 1 11 II. 11 lUll.
Onions, New
IHl.lba LaaTVn
inaiuna, rn
l.OOi do. California. Ve;
3. Muihroomi. pr 4-Vb.
s -,ii . in. a, sim
r lOO-lb bar, $2,034
DftSKCl. iiiri.Td.
COTTON ADVANCES
ON MODERATE BUYING
Sentiment Is Mixed, With Itus
sian Situation Dominat
ing Market
N'RW TOniC, Nov. 9.
Liverpool's lead was not followed locally,
for, vtlierca.i In tho upturn as much as forty
points was due, tho total market -started
only steady with a rango of five points
hWier to four points lower. Uptown In
.res,s werc frco ""Hers nnd Lherpool and
wall Btre-et also sold. Tho huylnu was for
the account of spot houses, southern Inter
ests nnd commission firms.
Sentiment wnt mixed before tho opening,
wllh the rtusslan situation tho chief topic
of discussion. After the call hujlng' or
ders camo to hand In moderate, amounts,
hut they wero sufficient to bring about ad
vances of four to flvo points In the months
which had been lower at tho start.
Weather conditions In the South were
most favorable for picking. It wns clear
all over the belt and temperatures were
somewhat higher.
Cotton receipts at the ports for tho day
arc estimated nt 40,000 bales, against
34,051 n week ngo, and 39,021 bales u year
ago.
Testerday's
,, , close Open High
December ... 27 41 2,.43 27.112
January . . . 20.71 20.70 20.03
Jtarch 2(13(1 21130 20 4(1
3'' 20 111 2U 07 2(1 23
Spot 2S -
Low
27 40
20 (W
2(1 2.1
2tl 112
Close
27.110
2(1.111
2(1 4(1
2(1 22
Ull.ll'.l
, Liverpool Cotton
I.IVJIItPOOL. Nov fl There was n mod
crate demand for Miot cotton todny, with
middling 20 points higher on tho basis of
21 D5d. Sales 5000 bales. Itecclpti 13,000
bales. Including 11.000 bales American. I-'u-tures
steady In tho early dealings. Spot
prices: American middling fair, 22.73d
good middling, 22.08d: middling, 21.53d;
low middling 20.D3d; good ordinary
19.98d; ordinary, 19.48d.
NEW YORK BUTTER AND. EGGS
NBW YOP.K. Nov. n ni'TTEIt Receipts
r.3S(l tubs Market mi top tirades flrm others
weak. tlrsts. 42044c. seconds. 4(041i4r
ui". .., -iw -j ty ' uimio uiiiimngen
J.IIV,. li-'Cl'llUB. 11. H
Quotations unchanged.
cases. Market steady.
nUm nVi. fe' t. Tuolauo,! Willie potatoes, Jersey.
'" 4.- .. -vy-iiri unssei. aa ids. io. i. nicnic
CORN PRICES BETTER
ON CROP REPORT
Bullish Interpretation of Gov
ernment Figures and Improve
ment in Securities Help
CHICAGO, Nov, 9.
A bullish Interpretation of the latest
Government report and nn Improvement In
tho tono of securities mado corn stronger
today. Shorts covered steadily and thero
was good buying by commission houses.
Offerings were light, as tho market had been
oversold badly on yesterday's decline.
A leading authority declared tho wenthct
lo be too mild to dry the grain, with much
of It soft nnd unmerchantable. The figures
of tho Federal Department of Agriculture
showed a smaller yield than had been ex
pected Moreover, while tho production Is
large, tho tniallty Is poor nnd tho outturn
of good corn Is going to bo smaller than
had been forecast.
There wero fifty-eight cars of new corn
hero today, and It was said that l'corls
and Omaha were consigning tho new grain
here.
Tho market nt Liverpool wns flrm on
expectations of light world clearances to
tho United Kingdom. There ato fears of
a. resumption of tho strike on tho rail
roads In Argentina, tho trainmen being
dissatisfied with tho conditions of settle
ment. No. 2 mixed In tho sample crowd was
92.104$ 2 12. itgnlnst 2. 05(8 2. 10. tho pre
vious price; No. 2 jellow was $2 21(f
2 22, compared with $2.08U2.05 yesterday.
New corn was J1.25 to 11.43.
The high on liecunber wns $1.1891, tho
low $1.17; and the closo $1.18, compared
with $1 1GT, tho finnl quotation yesterday.
Tho best on May was $1.14, tho bottom
$l.l2- and the final $1.12Ts, against
$1.12H, yesterday's last price.
Oats werc firmer, helped by the advance
In corn nnd good buying by commission
houses nnd cash firms. It was presumed
that tho shippers wero acting on orders.
Offerings were not large, with Indications
for a falling off In tho moxement from first
hands. Tho Oovemment Is Inquiring for
oats. Tho market at l.lerpnol was firm
on lighter American clearances with no
exports from Argentina for the week.
Standard In samplo crowd was Ol'(ii
Gl-TiC ngalnst il(!(Giac. yesterday's llnal
price. The high on December was 51) -1,0,
low 59'ic and the close 59r,cit ROc, com
puted with 58 ic, the final quotation yit.
tciday. The best on May wns C04c, the
bottom f.OHc and the final 00'ic bid,
ngalnst C0'i,o, yesterday's last price.
Leading futures ranged as follows:
Vost
Open. High. Low. Closo. ilohv. 1
Corn-(new dellerl .
December .. 1 17 J.JN 1.17S 1.1S tl 10',
January
: i-is.
11!
!!'! 1! !'1
1 I'll,
1 12'S
May . . .
Oats
December
Slav ... .
Lard
Noemher
Jitnunr) .
lllbs
January .
May ....
Pork
1 13'i
i.i-"4 ti.i;
r.n" .-.n;, r,o r,!(i,
oo' nuVi 'boij 'tio'.
... ....4 t'Jj.in t2iis-,
25 2.1. Hi 23 117 2d IIS
.2(1.7.-1 .
. 24 ou :
.2.1 SO 24 10
.23.83 23 lO
2.1 "in 2.1 02 23 77
2.1 111) 2.1 I1U T23. 12
januiry
Utd.
...44 95
tAsked.
15 30 44 S2 Ml 1)0 41 70
Alfred Harmsworth
The Master Spendthrift
Money slips through his fingers like water over Niagara.
Compared to him, Croesus and King Solomon, Lucullus and
"Death Valley Scotty" were tyros in the art of finance.
So numerous are his purchases that 10,000 men are kept busy
attending to them. Every clock tick, day or night, means
that he has spent $127 every twenty-four hours cost him
$11,000,000!
Where does the money come from? s
For what is it spent? -
DP
&XLajL k
The New Sunday Magazine Section of the
PUBLICsSSIs LEDGER
NOVEMBER 11
Financial Briefs
Tho United Clas) and Klcctrlo Company
reports for September gross earnings of
$1,345,420, against $1,271,069 the samo
month last year. Net decreased $950t.
Twelvo months gross Increased $1,137,775,
with a net decrease of $26,36G.
Oscar C. Schmidt, of the firm of Hecker
& Co., has purchased n Beat on the New
Vork Stock Kxchangc.
smmmmmmmKmmm&Bmmmimmsmmmmtml.
. i
OveiPcaaxmtt
firDimmid Menu
r
Our "Militaire" is a
exemplines the prevailing
without it being unpleasantly obtrusive
We show "Militaire ' in a very
overcoatings at $25, $30 and $35.
Jacob Reed's Sous
1424-1426 CHESTNUT STREET , .
Iran
ltl!Ml!lli:ilimillBI!li!irilllSllMliili:CIIll
A
D
DIVIDENDS WECKAfcED'- "
Nlle-f)emenT-f,p4 Company, uln?f qor
".Ii? "1 Jt v" c,,nt "fl JrXirrd. -payable. No-'
vefliWi-21) to -stock of record 'VfcernW 8, Trial
3 per,cnt on common, payable Uccttnbcr 20 to.
.stock of record Decrtnbtr B r '
l'ralt-A Whitney Cotrlpany, rtguUt hjlhlrterlr
of 14 per cent, payable November 20 to ktevK
of record November . "' '
Continental Refining,, . Companyi rrsnlat-
mnnthlr of 2.3 of 1 ner ee
able November 10 to stock, of raonrd;Ociobfr Jtl,
common, pav
Manhattan Shirt Company. reaular.uarvtw
of $1 nn common, payablk IH'txmbcr St fo-atbeit
of record November 10.
riymouth Rubber Company, regular quarterly
of iU per cnt nn preferred, payable December
1 to stock of record November 24,
3
This is the-
"Militarre'
great creation it correctly
military idea in men's dress
oice variety
h
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