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EVENING, LEDGER-JRHILADELPHIA MONDAY, .NOVEMBER 12, 917
V (
-f
a
IQSSIP OF THE STREET- PHILADELPHIA COMMERCIAL MARKETS
STUDIO-TO-SCREEN AND-IN-BETWfeEl'"
'V V "
.BOARD'S RULING ON RESERVE NOTES
SAME AS
i Financiers I$ust Find Some Other Plan for New
r maiming ximn xvcuisuounung.
Gossip of the Street
ATTENTION' wna called In this column
ilnew proposition In financing which It
T'frcat ho" t lnrB Industrial concerna
I bankers to float nny new Ishucs, even
f VtATi agO WUUIU IIU.U UWII lUIIQIUCllZU UbUllUllB.
'i it was stilted In many quurtcrs. nnd Kcncrul mthllcltv was ctvpn tn tn nnr.
R1 Uk Inatlincpal Whero It was snld tlm
11CU1 '"
I cases of U. 1'. Goodrich & Co. nnrt the
u plan fl" to ls.suo ono or iwo year notes
' Beserve banks with n series of nlncty-day
i jj,0 original notes, were to bo Issued,
f. It was pointed out in this column
" that a honu fide commercial transaction or certain expo transactions should
, -iund back of notes to bo lcdlscounted, It would be n dimoult matter to prove
'uch transactions In tho event of the Issuance of tho cnormmis ohime of notes
j proposed 0 wie i tuiiuiiuii ill lui'NUUU,
When the matter was put up to tho officials of the Tederal Uciene llink, of
Philadelphia, they cpresed thIr doubts as to tho Federal Iteservp Hoard In
" Washington approving such transactions, and while they admitted that It mlcht
be possible for tho concerns mentioned
' transaction- in oruer to outrun u t miscount for ninety days, the dllllcultv would
come wlieti an attempt would lie iimdc to lcnew tho notes for n second ninety
.! v Dcrlod.
IS It now -ecms that notwithstanding tho fact that tho Guaranty Trust Com
I Tunv. of New York, mid Kidder, I'eabody S. Co. had publicly announced the taklnir
ocr and Issuance of such note for the
li plan to mo cmuhl ui .j,uuu,uuu wun
1 (n eais. tho 1'cdiMnl lteerc Hoard
a. - ...-,. ,
called to mo mimur iuiiikcu 10 upproo mo plan.
In a dispatch fiom Washington on tho subject It Is said:
Th lin.tiil iloemed it moonr tn mnlco mitilli Itu nt,lninti tln.i -ann..t n-...A. ...,!,.
- . ,,w ......... .- .----- - . .... .. w ,
i of Hi's nature destroy tho helM!(uldatlng
L; undeslrablo ns Investments In Federal Itcsonc hanks.
"This opinion," the slutcment said, "is In hnrmnnv with the Hoard's ruling
I made about a jcar ago In the case of ccrtaln-ncccptunceH credits, In connection with
v vhirh tho board stressed tho nolnt that tho iliscount. mnricnt. uhirii u i,iin.i,,i i..
j deal with fOuit-tcim and commercial borrowings, Hhould lfot be made, to e.erclbo
f vfunction piopcrly pertaining to tlio investment market
' There heems little doubt that tho decision of tho .oaid will meet with general
i- approval, ns It was acknowledged by tho.so (who favored tho plan, as well as by
4 thofe who did not, that If It should bo approved, It would bo in tho Interest of the
"big fellows," and that tho Httlo fellows would not bo In n position to mako we of It.
"i it lit believed, however, that Mimethliig ould bo dono by the Government to
i relievo the present situation, cither by str;rlilng tho provisions of tho Federal
Reserve net to permit of ntvv llnanclng on a plan Hlmtlar to that proposed, through
1 some form of acceptance which could bo uppioved by tho board, or, In special
Instances, by direct Government assistance.
5. In New York tho decision of tho Fedora! ItCscivo Hoard In tho mnttor of
the American Tobacco Compun's notes did not occasion much surprise among
the bankers.
Tho Guaranty Tiust Company said tho decision of tho Federal llescrvo Honrd
called for no comment from It upon tho status of tho American Tobacco Com
pany ' notes, as thev had ben mild and tho ttansai'tlon closed, but In other quarters
It was Intimated that in the event that bunks had invested In tho notes in tho
belief that tlioy weio eligible for ledlscount tho transaction may bo reopened.
Shippers Oppose Freight-Rate Raise
It Is generally admitted in tho financial district that Cliffoul Thome, the
? representatlv o of tho large shipping Interests, composed principally of tho western
grain elevator men nnd the packing Industilos, has not made n good caso In his
I argument contained In u letter addressed to John Skelton 'Wllliums, Comptroller of
f the Currency, who. In a iccent public statement, seconded tho efforts of tho rail-
( road to securo higher freight rates.
if Mr. Thorno will 11 ml very few who havo given the subject nny study to ngreo
S with him In his statement that thoio Is not an lota of evidence to support tho
' claim of tho Comptroller that railroad scent ltles havo sustained tho heaviest
shrinkages and that they havo been the leaders In tho downward movement of
7 values.
j Comptroller Williams's prompt reply, giving his reasons for his attitude on tho
; lubject, Is looked, upon as a coriect plctmo of the condition of tho railroads, nnd,
Incidentally, of tho conditions confiontltig tho national banks all over tho country
which are Inrgo holders of these lalhoad s-ccui ltles.
Tho Comptroller says In putt:
Our national banks, which are under tho supervision of tills offlee, aro largo
holders of high grade railroad bonds which havo declined greatly In value. My
ttatement was intended to give eneoutagement and to prevent tho unnecessary
sacrhice of such securities, believing as I did that tho lntcrosts of our railroads
would bo safeguarded and protected, and that they would bo permitted to chargo
audi rutes for transportation as would, with good management, cnablo them
to cacn a fair return upon tho capital Invested In them.
The attorney for tho shippers piotests against my attitude, denies my state
ment that tho railroad secui ltles havo sustained tho heaviest shrinkages nnd
have been tho lenders In tho downward movement of values, and solemnly
declares that leprcsentntlvo railroad securities as u class "havo declined In
value at u less rato than Fnltcd States Government bonds" and other securities.
It Is only necessary to refer to the quotation list to see tho absurdity and error
of his claim.
United States 2s, which represent about three fourths of nil of our Govern
ment bonds, exclusive of tho new Liberty Bonds'sold last year at 100'4, tho high
price. They aio still worth 97. Tho stock of tho St. Paul system In tho samo
time has declined from 102 to 37, and lialtlmoro nnd Ohio has declined from
98 last yeur to SO now. Fnlted Htntes 3s of 1918 havo declined from a high point
of 102 lUst year to 9D today. In tho samo time New York Central stock has
shrunk fiom 114 to C5, and Krlo shares from 42 to 13. United States 4h have
declined from 112 In 191C to 103 today. In tho samo time tho stock of tho
New Haven syBtem has shrunk from 77 to 21, and Pennsylvania Kallroad stock
from 120 to 94. United States 3s of 1961 declined from 103, tho high prlco of
1916, to 83. In tho samo tlmo Norfolk and Western stock has shrunk from 147
to 100, Delawaro and Hudson stock from IDC to 93, and Union Pacltlc from 153
to 108.
The shrinkage which has taken placo slnco last year In tho shares of a
I.
i dozen nf nur iii-lnnlnnl r.'iUrnnil Kvstptn!. Innlllrllnir tbo nlnn ttvsfrmw tinmnil
t5 V... 1 . ...,,.".. I ..,..
uvic, iiu- aniounieu to approximately us muuii ui wiu viiiiiu uumieu ueui ui uiu
United States as It stood prior to tho outbreak of tho war last spring, or, say,
nearly ono billion dollars.
This attorney in his open letter urges that "last year" certain "eastern"
railroads ns a wholo earned so much on their cupltal stock, and although tho
figures were available to him, ho omits to state that for tho current year these
amo roads havo shown an enormous shrinkago In their not earnings, and that
lome of them aro now threatened with insolvency and scarcely earning enough
to meet fixed charges.
Ha also says tho "war has entirely failed to Injure our railroads," although
he presumably knows that as a direct and Immediate result of tho war these
roads aro being required at this tlmq to pay 100 per cent moro for their coal
nd 100 per cent moro for many other materials used In their operation, includ
ing steel and Iron products, and that there has been little or no Increase In the
rates they aro allowed to charge.
Budget System for Government Demanded .
There, Is an Increasing demand both Inside mid outsldo llnancial circles for a
tetter and more modern administration of tho Government ilnnnces. The present
happy.go.pjcky estimates, 'whlch.are continuously subjected to .changes, aggregating
I, millions upon millions of dollnrs every onco
conceived and scientifically prepared budget system, similar to tho practice In vogue
to all European nation.
It Is believed when Congress meets that this, together with a scientific revision
. ' taxation which nhnnlH iiconmnnnv It. will bo ono of tho first measures to be
K &ea upon.
The. recent war-tax law, which even tho most expert lawyers In tho country
tUlm is beyond their comorehenalon. should bo revised with as little delay as
ft Possible, and a now tax bill, modeled after
ureat Britain, nnd adapted to tho needs of the United States, should bo put through
lthout delay. Is tho onlnlon most freely expressed on tho subject of taxation'
i lmonS the bankers and brokers of this
No Common Dividend for Mollne Plow
MOLlNE.-in., Nov. 12. Net proats
i (fnel by the Molina Plow Company and
huuuuary organizations for year ended
!""', J. 1917, exceeded by JB32.389 the
-rnlnr. nr . ' . ,., ,.
Lv.w. , " " ,,c 1'rcviuua cur. wiinuuKt
r"' lotil Profit amounting to 91.56C.841 Is
I ;2"-ni lo pay 9V4 per cent on common
F'Sm P?1" dividends of 7 end C per
-... vu iirai anu secona preferred, respec
,' tn company announced that no dlvl
'be? w"lLb8 nad on common at thin tlmo
rto7Ute 9 directors feel It Is necesbary
jtoflBnS,r0 tno company's funds In order
r,, -.no uo rapiuiy increafcing Dusiness.
ft
BAR SILVfeB
.Itt. 191T
t.vr Todav fUt. VI.,. Ifl.K f.n I
!?. W tM5 sii iwrfi 11.
.M5T,fH4, i r;f
' ;z.i ,.
-- ,
.iti Li V r
WAS ANTICIPATED
on two or three occasions recently to n
was claimed In some qunrterii would ho a
thut wcro findhiK It dllllcult to lnduco
If offered on terms which two or three
lilnn liml n-nnn tliMitnl. nn1Hi. in !..
,.-... ....la nw.u -..avr..,,, lIUUIVi;,, 111 UJU
American Tohacco Company. Briefly, tho
wnicli could be redlncountcd In tho Federal
renewals coverlnj? the time for which
that as tho I'ederul nesorvo act demanded
to provo bona llde commercial or export
American Tobacco Company under this
eeii iiiuciyiiuy renowals, covering In nil
In Wnshlncton wlinn lis nttpntlnn ivik
.. . . v,...u. ..... i ,tlt,l, .,,, Will lllll
chnractc of the notes and render them
.. 1. .. .1 .1 1 .,. ..... -..!.-
In a while, must glvo way to a properly
tho plan now in successful operation In
city.
Alabama Great Southern Pays Extra
NKW YOBK. Nov. 12. The Alabama
Great Southern Itallroud has declared a
dividend ff "Vi per cent and 1 per cent
extra on the common stock, payable Decern
ber 28'to stock of record December 1. Also
dividends of 3 per cent and H per cent
extra on the preferred stock, payable Feb.
ruary 8l. 1918, to stock of record January
1, 1918. These dividends are the samo as
declarations six months and ono year ago.
, Heflned Sugar Unchanged
" NBWYOllK, Nov. 12. The refined sugar
market remains unchanged, with the Amer
ican, National and Pennsylvania Com.
panles quoting fn& granulated at 8.15c. The
Federal. Warner and Arbuckle Brothers
ooBa-;?Vt,a':1"(B-:lw' .ws
' l?.y.i: i - 'i.v '""flif-'v
365 ffiTV 'i ." 'At"' ...
&-JieMtf?': :' .'t v .
PHILADELPHIA
MARKETS
lfH.
w. .1, tig fns, Nn. 4 in. t.. I
3 rM 2- "?' v!s'-'. No oft rl. -'-'. No
. .ii. .No. I oft rnl. ! 1,1
low S.SZU
tiumlrnil.
". do, .Son. 3, I mill S rllow.
ii.:.i ..Tl'lc''l,l- I'i'.SM IiuIipU. Tlio tnntk't
m Jiri" "'"'Iptii, mo liliU n.l 71I.SHO lb,
it 1 1. A. -'"'! "l "oil nlnn iv nti.l hopil
IhtiV.i!?1'?' . ''"non-l van nrtlir for forril
r.IHr."1.'.'"- hllt offerlnatt rro still llmlf.l Tlif
...... J.":n"."""n it inn Urn In hoo.I winter
qui
PROVISIONS
T flA til pi.1 . . . i . a
ileniifiV ..'. ' "en nrni Willi
fllr JoWilPS
AVemtr ',o," ;J..-ll curen. n" to urann nnq
rtire.1 ni! of.Cv"c . ""n 'mnkeil el'rn
mnb..i . I... . ' - : - . . . .
Plenln .k..i. 5.- ,I0 ooileil lmtlleB. lie
il
lo. do (U(I1
L'Se
l.nnl
pur ctt, ketti.
tle-rcnd;r.V '. .rr""i -" -- pu ""
ifiitiFrixi n i - ----..--.-
e
' III lUDS,
L'sc.
RCKINKI) SUGARS
it,. k. ... . .
t.T A" r"'1 ' ed flrm on , iM,i, ,,r q i- rr
tt
-xirH mio RtanulatM
DAIRY PKODUCTS
III . I lllt-pd;
StllH 17e n.r .i....
MM tJ'l. ..JL1' ' Tr.m U",Wr mn''-'--le OfferlllB.
fl.ll renin 7.,, ';"''' '"." Ion" NewVork.
In .In rl-.f'"." ,JU0' -'" I.e.lHlM bUll.r
tin. do freah in itle. hint. '.' 1', .' I'-i i iln do
frcnn made, fair to mod. yj'j Vi'
POULTRY
T.l V 12
tlAn. Ur.. ... ; . .'.. """,."" 1" naeti wuniit-
UJ .11,1. I n...l .. .. ....
il. ., . '"" I om. uh to inn l,
ivtViii-10! """. ,rl"W lite, ntlttlltv "uiiJk
Ji' fl ''t.1",'!'"",, l"-'l'- 't"'ks I'eklti. SKi
l?CIlelJhnl'',',-,;. ,""ne Joi.nB.,.e?
rrii eliililnit 1 1, in B Ibe. allece IincftO.
5?e",rn " 7!K,sA(' '!" "M Ver ptlr. fid't
wf'lJili- "l'ni''v ''"" ,,"l -''-'l!l- '" ""'.
U,.),ril.:ii!alnV,r.'fr,,ln,r"."'ro.ll'!l" Bn'l 'o tnar
I' nlulier Tho tiuiitatliini follon lltrkei"
frMhklilel"".'"'-. '"" 3-a "urke,,. o d.'
,..'.-.,,:-' --"iiiiimiii .t"r..ii inn e. I
-i,,ir"h,r"rh,ni ' " 'P'lt'Ver'' rrl.ee. ! I
wpp orn. I'Huemi. .. - .ti -
--.... , .,,v , in. nrih ui u z ( i l ii
f.'tl'.t
1 . " t t ii- iiin
jiin.th.n !1.',llffii"e. "" ' ' Per l.ox
IIIIIIIOV ltntn-. -.
spitz. nl Vu; l.tW.ritnnw' n.-aut'rn,T.1 ? ll
ItelntiK l.'fis Klnir 11 .lltft 111 nViV.
(Jolden II .lii32 .111. nraet 11 m, ".rl".,"1" "
lld II .-id 17,1 Hell. I'l.T,-" 't.'T,,-,' .. Kln
plen. nearb. p,r hnniper r.iic- 1 in U".' !1L'
l..i,ri i 1, ,ju 1 nuinrillit 'orntcron. ptrrrate
II 7.1St'JL'1, Peari. New York Hep , ,ih 5kt'
Ilartlett. lUdir.ll Setkel Uf. .1. pr, '"."
Vork, per bbl - Ilartlett 1411, Setkel llptlf.
pearw. New- York. .-e.kel, per Ittr 'mwi
Cranberrlet.. Jeree pep crate JL L'.l frf n'.lll dn.
do, r bhl . limit .1u. Strawberries, L'allfur.
VEOKTAULES
l'nlatneH were quiet and weak nther eae.
tables uere ollered iiulto freely ,md priced
favored buiers 'I he uuotatlnnH rnnseil n
followa: VVhlto polaloe Jersei per -.
I.tiiiiirl lianket. :n Iln. 1 7.1(1, s- ' x ".
4(lfffli0, white pntatoen, Jersey, pPr lUMli bfllr'
tllanlH HJ.1t:i4ll Mbit, potatoea t,.rbuhel
in lbs renn.lvenU fan.v 11 4(iei ni -n
York, 11 H1!l 1.1, New Jerse. $1 y.nfl 41
weetern, Ufa I HI pweef tHttatoea, Jnrnev ,,,.'
a-liihl b.Kket. SI lb V.. I 4llfl'i:i. JCn
L'.1r31c. relerv New' York. ier bunrh, 1 liif it.t'
lettuce, New York per box 11 .IWS'.'.I , .i.
flower, Irfinij Ialand per box liViiffasi do
New York, per box. H7.1Ttl''J1 llruKMN
Hprouta Irfinv lahnd, ter quart li'4tle w.tter
rreH New York per ltl't buneba n .mTi; , u K.
plant riorlda per box II "i iff 1 .unimbere.
riorld 1, ber hamper. 1.1 4 4 Ml beans Florid 1
and f-touth r'irnllna, tireen. per hamper. IT r.ul?
5.1: pesa. Florldi ler hamper I3t I. eabbiRe
New York tier ton llSff'JI d. Kanlsh tenl
per Ion I'joess onions, New York Maaaa.hu
ettH. (lblo and Indiana, per inn Hi ,itf 0 t
121133, No, i' II if I ,10, onions t'allfornla, per
ItiO.Ib, hair I.' f.li.'l. niushrnotua rtvr l-ib.
buskcl. SIOU.
DIVIDENDS DECLARED
llarblaon-IVnlker nefrartortea t-'ompini', reff
ulur quarterly nf 1 1, per rent tm preferred, pas
able January l'i to utock of rirard Januari It
I'ittaburtih, Youinatnwn and Aahtabulu Hall
way Company, retrular quarter! of 1 per tent
on preferred, p.ollo Uecmber 1 lu ti-k uf
record November -O
Jewel Ten Company. Inc regular quarterly nf
14 per cent on preferred, pajubla January L' to
Btork of reconl December 20.
Fabit Ilrtwlnu Cnmp.nj regular quarterly nf
1. per cent on preferred, pasable lcemher 11
Hooka clo8 December 0 and rcopm December 17
TOO I.ATK Kilt Jll.l.siFH'TIOV
nlLVTHS
DUNrAN Nov 11 VVII.I.IA.VI (! huaband
of Jennlo Duncan fnee Korreatl. and eon of the
lata OeorKti and Ilebec.it Duncan Notice nr
funeral will he Ellen from residence, 3.13 N
KdKewood at.
HDLAND Nov, IS. at Tteadinir, Fa . HOIt
ACK and ELI.EN DAI.V HOI.AND. Funeral
aervlcea Thura.. 11 a, m 147 N lli at. Int.
prliate. Fleaao omit flowers
MUnPHY. Nov. 12. JtAIlY (I . daughter of
John and Hose Murphy (nee .Vleb'nteel Int.
Tuea morning. No funeral
YOUNO Nov. 10. AUNKS OLIVIl. daushtei
nf tho late ratnarlne and Thomas Young, ased
ill Hrlatlvta and frlenda, also emplosea of
Her llros. and Mrawbrldaa & Clothier stores,
Invited to funeral. Wed . H.30 a m from the
resldenco of her aunt. Mrs Amies Mines N'jti.i.i
N. Jasper at. Int. New Cathedral Cetn, Solemn
requiem mass at the. Church of th Visitation,
11. V. M..10 . m
MT1TATIONH WANTKlarr.VI U.K
YOUNO 1.ADIEH. excellent hand knitters
wish position together. Apply 1' anil. Id. Off!
situ.vt1onhwAntkiCm.iI.k '
CHAUFFEUltrVvhite. desires pn'sltlon" drlilns
prlvalo family; sober, reliable, competent: ex
rellent references, h' 1141, l.edxer Central.
FOR SALE
DllAKT HOnSES (V, n tight inoo lbs. each";
also single and double lumber uagons and
harness. Aprly Quenther'a Lumber Co, 28th
and Oray'a Kerry road.
BATHTUB", slnka. washatands. toilet and other
enamel toads cheap. 120 B. 8th at, Ph.IltrC j I
HOT. wa'bji hj (team boilrs. radiators:1
E?J5'.S?-g;L'nK: fp. i:o a. stt. .t;
"rr .v., . j tl ","? .
J -1 tiKV, " .
wmm
- i fffnii
. gkaix am) n.oim
.."5?'?rrn,"l,nnK. A2-J7. .v i hBri nlrr.
t.T.i: Q." . Iurum. $.'.27 No I hfl lilt.
?.-..:' - 1 roil winter. J.".'-. No 1 noft roil.
VIxVsl Shi1.' TXlnlhy """ I"!"1 " "l1
ofi n.tw.,rH' ?c "" N h"l. rr.l or
ii'vi'1 r r,,,,f' H' 'V "f1" No
. f,iT'i.Ifrr""'" ,,rri' n1" ""I lh" m'b"
L.I..I HY1. i Rn'' notnltml. viuotntlonii (car loin for
iIm. f.. li.i.1 "!l" l'fl" furtlu-r Hilvnnrni ,
h" J,'!"V "ftTliinB nti.l In fimimthy with
i ton J T,r v "'t1. "' 'lvUm from tho VVV.t (Juota-
iiJi ifrnV!0 S """' itsCfiinW KtHinliril while.
fl?Wn-J a "hltr. H7'tOrtst. No I white.
rn
'l."1-"""'1". ..! ile.tr njTf.
r?" t,.i ,i",l"l'.'l,l"""l 55' mirlntt. nr
hli.nier,t0'io,-"J;'W11 Trlnic nrt ilenr. nilll
"",'' L-'vi-. ' '" prln pntent mwi l..y
11 ;,VrtnirrlnR retrm mill "h'timent S1ti..1ip
mllll rhSleM,or.11 '"iitl 111 :.oiT12 IV c lv
rVt inlll.C n,"1 f"nr iwteni 511 HHiUaj
llii"llir.,-..r,l,lr iriil" winter KtralKlit.
mtiiV't.! S'PA'n.'ol'l "lo H t former rote" Ve
. r . ., m, a to
it ji it i nnii r rn u a fni !.-.. m I'm nnr r
n "et." USai" V"1 "I'-tlrlM .Itr western leef
deri .miilS"1 "vliTf Knit. Ule nn,l ten
kniKkli! ii "! "Ir-drle.l .lie Wetern beef.
"'"K'ej; Hinl tender , emnke.i 3P iteef hnm
Snsf"7e 11' -,W'"' 'I" "lllmieil, Inne.
t...-,c- 1.0 . tlo. ttmnkeil. "7iTf"e tlther
i. imokeii US , - ' .-.".V-T11 . Jonr. .r' n.
Inff In ... ' i.'-iii-, n pirKie m-i-oru
l h,..?", lon"' S llreikfn.t Iwron
Bne ir;.nJ "'", "vernue ritv or eiern rure.1
irirnr renneit tierrefl i:-ie: no
IllK lire die Tuotiil on. 'f,rl"B , l'oflnw
t retner Mini iic ii.i ' ""r" ""ll'1 "lrl" '
IJ i"i1 It til .- ' r '""" 'onl
',ond 51"7,;T,i'r'. nr"'' H 111 it note.
eBH etri fit -,."''. ',.",',' lefrluenitor
-.1,-u i-i.-s were jonninix tit
It
ri ui... f " ..'W1'"' 'Klltyiletl.il. Wi,
Vn.'. j'mI1,K 44 I'' tiPllte Jlie tin uilSh.
InK 4 ll oplece. lilc do. weTchlnir II. ,11.
a-Sij. s;1;-.,! '." .-r & r?,
iiirf.V,''.",,.V "'."Ti.i;i , ntlior tiOHrhv.
"''' fPHnc .lurks L'lirtL's... B,ilneMe nr ni'
JTJeV'lffl .f-4 '" ."'r ".".r ' 11: ''' """"
f."M l 1 II,, milllllm. wlite welslilnjr 1 1 ff I 1
II". per dozen. Ill SHI ll 11,1. , eKn Sb lllii
o,e1,;,ri',,n-7,:?i,.'r,,"",r"i'L': -.ihii'sfb"Vr
ti-- j ..'.' ,ln. elKhlntr 7 let per d.izeti
No, 1? 7Sc'eii i'-i. "W1-7-- "inaK "Pl
FRKSH FRUITS
Applet nnd trHtiberrlet nf (lro nunlit eol.l
falr.v ,.n1 ruled (Inn "ilher rVui , ,
Ben. mlly tei,dj Quotations , A t"e ,,er
14 A. i 111 Tnentv iiuilrv it'll' IVInntnn tin
VVeHllhl I Itl 1 1llll,l.l.r.ltnl ' IW1 (Vr. enln,"
I.Tiitl. DtHheM l.irn i r.it IliMwiii ! 'fisTj'-'S
Home It. autj l r.rt ff ,1 .in h.J, ,- u-, ' 4 " '
145,.-. .111 lilatk TwiJ llifii cir nnei.t riiT ia"
MPI
per -Iiuvn bkt Sir W 11 -J.-, Onlneea V ,,,
)';- Ir..,,,', ,L' "u" '' '"', I-m'nl. per b, x
IJfi , ltaminRH. per bunch il iii?- -n
Ornge t'allfornla, per box jr( -, r,n " n;n ,'.'
fruit Florida per box rtf. 4 ?,n "meHifi e
Form llli-o per .rate II -, .1 r.rVtVeV v
Vork per 3 lb bikt 10. l..e. do do ,', r lvTb
b.kt . 4iifhtic do t'Hllfornla T.n. iVer rrnie
USfl 7.1. do. CHllfornb. Mai, "" rTr rr ' te
II "lift I 111 do. I'.illfiirnli. M.,.r,.t r.I. "?!?
'-- ,-rnre.
BETTER DEMAND ON CURB MARKET
GIVES IMPROVED TONE TO TRADING
Absence of Forced Selling, Which Proved a Factor in
Unsettling Rallies Last Week Vigorous Buying'
of Motors Oils Higher
Ni:V YOJtIC. Nov. U
Thpr. was .1 inoiuuiiifctl Iniprtivcincnt in the tone ot tlio Cuili triuliiiK,
with ninny RtnckH nultins Rotut pains itt tin- oiienlnir nntl furtlier utl-nncci
tlinlnt; tho d.,)-. The vnrlotiK gioups tf cffvotlvo stockh were In hettcr denintul
nntl there vvns an nlitciue nf forced tclllnir. which proved u factor In unsLttlltiK
1. illlrs dnrlim- tlio htHt week.
The motor Btock.i dcmatitleil nttention lucaiihn of vlRorotts IniyliiR, Chevrolet
lielni; tratletl In nt C7 tn f.5, nitnlnst Its low of f,0. I'nltcd Motctis was traded In
lit 1.1U to If.. .Subtnnrlne Uottt innne.l from 13', to 14.
Theto vvns n Rood demand for Intcrlulic Cliemle.il, which Istietl nt 3 to 3W.
President Mayer, who Just nirlved In the clt. was in conference with the fiscal
agent of the company in connection with Important' development which aie
expectctl to be formally announced within it nl.ort time.
The alt plane ntockn wre steady. Curtlss scllliiR at :; and WilKhl-Mattln at
7 lu 7'4. Aetna Explosives continued stroiiB. with tratllnp; at CB to i. Alt
(eduction sold nt 72, and fnittd States Steamship sold nt :li.
MltiiiiL.' RtnckH vveie well held. Emma Consolidated was In flood demand
with sales at 4 and 9-lt'., with liuMnn based tin propria of tlio development
vvoik nsiniiR the vvorkliiK of the inlnliiR plant to capacity, or for tvvenlj -four
lioiiiH a day, which will more than take taie of itMiuhements fur some tlmo to
come Additional facilities aie to he Inst. tiled ,tt once. MaRma sold at 33,
.Mason-Valley at 4'i and ll4, nntl Nlson Nevada at CO
fill tocl,s vvcro also higher, Mldvvcut sol.l nt 112 to 117. and Northwest at 75
In So cents
IMU'CTKIAI.s
mi
Sat l l.i.
Ask ts.ilol
;.-. ni
H . ,
J' ..
i'l J'a
Air Itciltli linn ...
Am-l!rltMi MfK
Am Man mil .
American Wilting l'aper
i 'in, nil in i '.i i i'u
Clin Car .v. l'.ly ptef
Ch.irici.il Iri.ti ...
ChnVlolet .Motors . . . .
Cramp
Cuillss .Veitiplatit'
Caivti ti Tool . . .
Cut linn Mecl
niiieiMin I'lmniiKrapli ...
I'lileral ljp .
Heinle.. Mfu-
Intel lllbo I'll. II lU .1 1
Katlioillnii lltoti?.! piof. .
1. ike lorpvilo Iloat
I.c lilKll Coal Silea . . .
I. Una !..
.Maxim Munitions
Marllti Anns
N V MilpliulMltii; .
Nor AmiT IMP 1'ulp .
tttli laevatoi'
I'lerlcss Motor
I'noln llmt
Urtldrii 'I I ui'l.
Seiiiis.Ilootli
S S Kic-Re vv I
Stanil.ti.l Motors
Slid Alloys
SuuiImi Ino
M .lovcplt I.CHll
T.illtl Slllplitlltllllla; ....
TrlaiiKln rilm
Cnlt.-il Trollt Sliarlne ..
I" S Steamship
I nlteil Motors
Cnltetl SiiRir
World h l-'llm
WrlKht Martin Alt'
Zlm Concent
ns
i
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.STM).KII Oil.
llliiml IS".
Ohio !!)!
Prairie Pipe 51
Stand Oil Callfniala 'tin
Maiitl till New .Icisey . .11,1
Stand 1)11 Ncu York....SU
III..
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si:
j IS
.Vj.'i
-i:
IRI
j:tl
iih;i'i:mii:nt oh, .stocks
Ilainett Oil & (las Pi
i im1 ll el Co : H.
i:ii; ii.ih.iii :vi
l'ctleial Oil sH
Int. r Petiol II
l?llt. It Oil IK.
Merrill Oil 3114
Mltlivest Itef Ill
Met Petrol '),
Olilo uol I.",
Oklahoma Itef it ;,
Oimkc Itoinlny ii Ji
nice oil f,
.sapulpi lief i,
SecpK.yah
Mnel ill- II
Iln
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VII. MM, stocks
Alaska Standard ... . ."
Atlanta !
Hit. I.etlRc I V4
lllslieo Copper (a pros). H
Hutte Copper el Zinc. . . H'',
Cal el Jerome Pi
l'llst National ...'.. . i
CuMllelil M.TKer I
ilol.lllelil Cons . ., . '18
tiolilllold I'lorepcn ... - li
(loi'llU'M Ki unnus . . n
Ilt-ila Mlnliis I ;
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iii. i.i' vv.vm i:n ii:m vi.i:
Kill I. Mil I OK t I.VssIl If.VTlON
1'ATUIOTIC AJIKUICANS
ri:.viAi.i:.s and m.m.iih
hi to 25 yi:aii
vvanti:d TO l.n.Vl'.N
W11AV1.VO
ON
Alt.MY KAIUIICH
no a wi:i:k vvhili: i.i:AnNiN(s
WKAVi:n CAN KAItN
US TO J25 WUKKI.Y
A1TLY
F. A. 110C1IMANN . CO . lNCOUI".
L'I) AND CAMIIRIA STrt.
TjI.r.KK, familiar nltli iHrd rnonl sjstcm, lv
stock ilfia. of lr mmpans. war center nf
li hum xp-rlenn and wUti ileslreJ
V illrt. J'dBfr (mite
COOKINO und tlownstftlrs work, also clii.mb.-r-maM.
IntrlllKent. ronjrlmtluuii only nec.l ai.
ply. r'tirnnn-. t'JUO l.tiuolu drlif, cur. West
Mir'lnitHel I ae .
' 11 I.I.I' VV AM I . I MU, I :
PATItloriO AMURICANH
MAIAIS AND I'KMAI.KS
M TO 25 YIIARS
WANTED TO I.KAIIN
WKAV1.SO
ON
Aitirr PAnmcs
no a wnuic wiiilu luauninq
WEAVEItS CAN earn
18 TO 123 WEEKLY
ArPI.Y
V. A. BOC1IMANN i. CO . INCOK1.
2D AND CAMDKIA SfTS.
C'HAUKFEUIl wanted, white! private service;
inust furnish best reference and have knowl
S , if machlneryi drive Cadillac car. O.
LatroT. . B. K. Bite.. WUmuutoo. Del.
. '" I
- - ' 'm-JAA. v,;v;,
- r ... -1 . i.w irtrtj ifffrt.ifl tf'e 1-1 - svz3Li& .iciihi,ay-. jtkdisH
MINIM, slot Its-
I low n Sound
Independence Lead
-lot onto Verde
Illliil.ti i:tenxltiti ... .
MiiKimto Coppe
MeKlnlej-lMiniRh
MiiKtiia Copper
Motln r l.oiln
Mines Co ,.r AlnerlL.l.
Nevada Hills
.Nevada Won.ler
Nipls-llllR
Ohio c.ippci'
Stew ai t . , . '
San Toy . . . . ', .
Tonopah i:lensliin
Citltr.l Vertle
West Kml Con
White o.tUM
While Cap . .......
erliiRton
CON TIN fill)
Sal cli.ae
.Va). (Sale)
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Cowlen Oil Cs
CoFtlen el Co lis .
Cuilahy Cs ,
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llustan Cnverniuetit U'tH ni
Southein Italluiiv r,s.,,. nr,
Sinclair oil tis i.
Todd ShlpliulldliiR lis . . ii'i
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RAILROAD KARN1N0S
t VNNADIAN 1'ACII'IC
iii:
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In. reaae
Jllis.lltlll
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CANADIAN NOKTIIEHV HAILVVAY SY.--TKVI
l'lrat Meek In Xneinler all- Inn n 4(1,i
rrnin Jnlv I . -,. us sail I'.'o'tinu
ATLANTA 111 U.MI.M II I AM AMI ATLANTIC
Ciurtli We. k III Ditoher JIU'.'l nun Jlsaio
rrnin Jnnu.rv t .. n.u'l.' H1 ! 1 n T I
(ilt.VNII THf.NK HAILVVAY SVHTL'M
Klrpt ivceU In November J1.-S7 Is", JIJ,2tl
Cl'IIA ItAII.ltOAD
Setitember Krnaa . . . Jil'ill l.'l tl.il.ilM)
Net . I.' S'.T I.I.I Hi
Ihlee niontha' Rrnaa I'.JTI.lll IIJ1 4.-J
Net ,-Sl.SUI l.'.I.IISII
IhcreitKe
HOG ISLAND SHIPYARD
NEW TRAIN SERVICE
Effective Thursday, November 8th, the following service will be inaugurated
for the transportation of employees to and from Hog Island.
SOUTHWARD NORTHWARD
Daily Daily I Daily Daily
,TATinK. Except Except DaUy Daily oTAXIOtjc Dal,y Dai,y P lxc5pt
stations Sunday Sunday stations Sunday Sunday
A.M. A. M. A.M. A.M. P. M. P. M. P. M. P. M.
Broad Street and Hog Island 5.00 5.05 5.50 6.10
Washington Avenue North Kssington " W J5i 06 blvT"
GirarSdtrM-Cnued 6 J5 0 Ifer 5.3. 5.30 6.18 6.34
24th and Chestnut Elmwood BM 5-45 6-2G M
Streets ' 7,u Bell Road 5.4-1- 5,49 6 30 6.44
Grays Ferry Eastwicks 5.50 5.55 6.35 6.50
Kastwicks 6.20 6.24 7.10 7.20 Grys Ferry '
Bell Road 6.26 6.30 7.16 7.26 24th and Chestnut 5 JTJ '
Elmwood 6.30 6.35 7.21 7.30 Streets J
Lester 1" i 7.27 7.36 aetand 6.00 6.44
North Essitigton 6.40 6.44 7.30 7.40 Wh. fttrpt .,,,,
Hog Island 6.55 6.55 7.50 7.55 Washington Avenue blu 7'10
(NOTE) Pennsylvania Trains from Broad and Washington Avenue make stop at Twenty-Fourth
Street and Forty-Ninth Street in both directions.
FERRY SERVICE
Daily I Daily I Daily Daily FDaily Daily Daily I Daily
A.M. A.M. A.M. A.M. P.M. P.M. P.M. P.M.
BUHnpsport 6.15 6.40 7.15 7.40 Hog Island 4.45 5.05 5.45 6.10
Hog Island 6-25 6.50 7.25 7.50 JBillingsport 4,55 5.15 5.55 6.20"
SERVICE CONTEMPLATED V
Arrangements have been made to inaugurate water service effective November 15th. Wilson Lia
Boat will leave Chestnut Street Wharf at 6 a. m. Returning leave Hog Island at 6 p. M. Additional Boat
service will be installed as required.
(NOTE) Hot coffee and lunches will be furnished on the boat
men at minimum cost.
A Railroad is now being built between Hog Island and. a connection with the Philadelphia & Reading
Railroad aud the P. R. T. street car's near Elmwood, and as soon as completed, shuttle service will be operated
to connect the trolley cars to all parts of Philadelphia, many lines of which transfer without additional cost.
This shuttle service will provide means of reaching the property in shorter space of time at the mimma'as.
expense. Further notice will be
, a ' -
Intolerance," the lmt spectacle released
., - ..,1. .. r ai. f..m,l. .lll 1,
for Hid niihllr hv D. W. (Irlfflth, will De
presented to the patrons ot the Hlalto on
Thursday und Friday only.
"Tho Pullman Hrlde," ti new Mack Sen-,
nMt comedy. Is the added frnturo the llrat
half of the week at the Palace.
Marshall Nellan directed the new Mnry
Plckford picture nt the Stanley this week.
It Is called "The Little Princess and was
made from the story "Sari Crewe, by
Frances Hodgson nurnett
'The Honor System." said to be baed
upon actual happenltiK. vvlll be the big
feature todny nt tho Ureat Northern.
' "Tho Stainless Harrier," which Is the Sat
urday feature nt the Princess, Is said to
havo nn nil-star cast of screen plajers.
IMna Goodrich Is the chief star on Sat
urday nt the ltuby In "A Daughter of Mary
land "
The first episode of the new serial "The
Mystery Ship" will be shown on Friday at
tlio ovcrbrook.
I'tank .1 SetiR vvlll present "Parentage"
at the Fifty-sixth Street Theatre today. It
Is a study of child environment.
Chaplin In "The Adventurer" Is an ndded
frnturo nt the Sherwood on Wednesday and
Thursday.
The Locust offers Sessue Ilaynk.iwa. the
Jup actor. In "The Call of the Hast." to
day lie Is the best screen actor of his
race.
Ann pennhiRton Is the star the latttr half
of tlili week nt the Strand In "The Antics of
Ann."
An n.l.Ieil feature today lit tho Audi
torium, Logan. Is "The lledroom lllunder."
It Is a Mack Scnnett comedy.
"Whose llnbj,' il Kev stone romedv. Is
nit added feature for Wcdiicsdnv at the
ltldge Avenue Theatre.
lamia Markov a Is siltl to be the new
name fot (Ir.'t.'hen Ilartman, the Pox star
She will be nt the Savoy on Saturday In
"Tlio Painted Madonna "
"Jack and the Ilenti'tnlk" Is the show
offeietl for tomorrow at the I.lbtTt. It Is
rseiitlnll a kiddle feature.
Wolves arc shown In "One I lout' nt the
Urgent today and tomorrow. Thev nttnek
Alan Hale, but h- is the victor In the light.
Louise Huff and Jack Plckford ate tlm
coMHrs In "The llhosi House" ?n l'rldaj
nt the Coliseum.
Pert T. tell Is the star of "The Lone
Wolf." the Wednesday feiturc at tlio
Frank ford
Call Kane, recti here last In "The Pro
feasor's Love Storv," 111 appear In the film
story "The Pride's Silence" on Thursday
at tho Cedar.
P.obert H Powers wrote the musical
score that aii't.mpanles the showing of
Annette Kellermann In "A Daughter of the
Oods" at the Victoria all this week
Jackson Gregory's recent magazine storv.
"Sliver Sllpners," furnished the basis for
"The Man From r.iinte.l Tost." In which
Doug'ns Fairbanks will appear at the Uluc
blrd on Wednesday
Irene Fenwlck. who Is well known In this
rlty. will be shown In "The sin Woman" on
Monday at the Pelmnnt.
Tho eleventh chapter of "The Clay
Ohost" will nppenr on Friday at the Jumbo
"For Frnnce," which will be the feature
j M
posted as soon as shuttle service is in
AMERICAN INTERNATIONAL SHIPBUILDING
i
on Wednsday at the Kureka, it filled wlthL
I l.l,t ... .l-.-ll- a b... i " . 'J
Incidental details of war maneuver.
7
To npnreelate the tnagnltudo nf tho scon
nf 1 1. A H,n.l-n.Hlnl- mm. -u. .. .. 44 k. ' . I
... in. iiiuifie,ii,uin vniurin, n WUUII1 HO ,
worth n vllt tho first part of this week to'
the Imperial, where "Intolerance"' la ott
exhibition. f
In nddltlon to many acta of variety, iftm
.sessue iinyaKina, in "ine call or In m
i:at." vvlll he shown today at the AI T
hamhra,
The famous Pembroke esth'e on I-nnjf
Island vvlll be seep In 'The OuUlder." a 4
Metro wnnderplay adapted from Ixiuls Jo
seph Vance's novel, "Nobodv." starring i
Kmmv Wehlen, which will be shown at the a
Fnlrmount Thentrn on Wednesday, 'The
Outsider" required a mncnlflcent residence
with sumptuous surroundings and this
famous estate was selected ns being abso
lutely In keeping with tho beautiful back
ground of the Vance story.
Char'es Dalton. who was here last week
In "The Wanderer," Is In "Fighting Odds"
at the Park on Saturday.
Marjory Wilson Is the featured feminine
star on Saturday at the Apollo.
a. n. p.
BOY SLAYS HIS CHUM
IN "WILD WEST" PLAY
Victim Smiles His Forgiveness, Then
Dies in Hospital They Played
With "Unloaded" Kcvolvers
ATLANTIC CITV, Nov. PJ. lives wer
wet In the Qunrter Sessions Court th's morn
Ine, when Judge Shlmi held John Lacy,
fifteen jcars old. son of Mark Lacy, a police
serge int. In $1000 ball to await action ot
the (Irani! Jury on a charge of man
slaughter growing out of the death In the.
City, Hospital last night or Ocorge Gilbert,
twelve, his particular chum
Young Lacy shot his friend while they
were plnvlng "Wild West" In an Improvised
"cave ' near their homo on Saturday Both
had levotvers, which were supposed to be
empty Suddenly there was 11 n explosion.
(Illhcrt smiled at his pil and eollaped He
remained unconsc'ous until ho tiled
LncyV father. In uniform, accompanied
him tn Judge Shlnn's court nntl entered
surety for his appearance when wanted.
Young Lary wept thioughout the henrlnr.
'I wouldn't have hurt him for worlds, be
cause he was my best friend," he reiterated
unceasingly
Tank Ship Presented to U. S.
C.LOCCnSTF.U CITY, N J. Nov. 12,
The tanker John M Connelly, launched at -the
plant of the PennsylvunU Shipbuilding
company Satin day, has been presented by
llenty I. Dohertv & Co, of Ntw York, to
the liovernmunt This company controls the
Consolidated Transportation and Oil Com
pany, which was to have operated the boat,
which vi as named after tho late John M.
Connellv, for man) jears associated with
Mr. Dohtrty.
Prince of Wales In Italy
PA HIS, Nov 12 Tho press censorship
allows the new "papers to announce that th
Prince of Wales has gone to the Italian
front He appears on the streets like any
other officer and has become most popular,
receiving ovations when ever be Is recog
nized. tlVII'I't.snllV lt.TKK MKTIMsl
I'lllLA. VIKTI-R 't) . till Kenl K.tnle
Treat 1111)1.11111;. or ni.r I'li.mher
W1
for the accommodation of our ' '.viii
operation. if
CORPORATION
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