JB-VJCK tHP PfrBJLIO LEP0--lHiLAXELfeiU, VVEDSDAy OCTOBER 23, ' 1918 jrfj. 7: -, i WEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRIQ " 'MUlItfL I ' ' ' ni.in 1a i -HaBBaBH-aaaaMlaiMaa . ft, W ' ' . i i f ' Vs iy 'Monongahela Valley Traction Company General Mortgage 7 Geld Bond D.uJ July I. lilt D. J.I, I. i,2j Recent rate advances indi cate a materially increased margin abote all interest requirements. These bonds are unusually well secured and jicld more than 7.75r' i Atk tor I titular vi; in The National City Company Cetttirendcnt Ofcei in i Citirt FliUa'slaau 1421 Ctittsnt St. Telephone 555 I.ocutt linnet-Short Itrm AottrAereplante SINCLAIR OIL , Increasing Earnings Dividend Outlook Future Possibilities Per Share Values Oiiinncil In our onoljHtcil if pint, llifci in jokii for thr utkltyl - ttjp'iUvat'llni., Clip liis oil or, MCHft tiO'li, Savam&Dma MeiMiers Com. Morlt V.i. of X. T. 62f .fytd&icr Bldp.. Phila..- Pa. Vli.i"lletl, Wal. 40801 Hare 40 Kttv lark OtTlrf SB Blend St. rn,tvATE wines , Back- Cr One Armr anil V tiLYw. s. h. UNCERTAIN MONEY OUTLOOK SENDS STOCK PRICES DOWN WjiII .Street' Anxiously Awaits Announcement of New Ruling Drop Follows Advances Southern Pacific Prominent Weak Spot New Vork, Del. 2S. , ' The Block market weakened tills iiiornlnK because of uncertainty lieltiir rteuted over the minify outlook as the roult of the liicettnir be Kneen tlit president of the stock evchunne mill the money committee yes terday. Thin brounht up the possibility of mmr further reitrlctlonii be ItiK made upalnst bullish operations, iiml the K treet Benerally devoted all Its attention lo votivtrieriiiK probable developments from the meeting. .Mtoclt. exchange nlllclals declined to mako any statement In regard lo the ineetliiK, but admitted thut an Important announcement In regard to the money situation might be close at hand;1 It was replied that at the time the last money older was Issued, dliecttnR stock e.chanRe members to reran t all transactions in money, It was staled that the action was temporary, and It Ih possible that as soon as payments for the Cut eminent loan are made tomorrow the te stilctlons will he modified Instead of belnir made inpre ilRtd. The natuial result of the uncertainty was" an abrupt change In price inotements. Stit-tigllt In some Issues In the eatly Hading wns turned to weakness, nllh ihc speculative element genet ally hurrying to' set out of stocks. . Southern Pacific became one of the weakest featuie. dropping fom luJ to 1uS on the sale of U.OoO nhures b Stout & Co., who weie tho largest bujerw on the recent advance. i Heading, after selling at 96V diopped to 93,, and llaldwln l.ocomu tlte. united from 85ig to 83. I'nlted Statm Steel common Indicated a genera tendency, falling fioni IIP, lo 109S. Mexican Pell oleum made it gain of u points to ISO and Mien dropped- to 151. t MONEY.LKNUlNt; RATKS , .AJ IpitK tall money, mixed. Vi.H'. """.renewing per cent. All industrials, 6i per c,nt iiJl,.,l,flilS,'p," t'ali. ti per cent time, t", per cent. Cumtnervlal paper, three to six months. 6ff per cent; six months, per cent. LONDON. Monet. .1 tii- ,. uu. count rates, nlmrt bills. 3 17-32 per rent:! three month bills, a 17.33 per cent. j Reserve Bink' Diiconnt Rites OfHclat discount rates at tha tamlva rederal Iteserve banlts"e"f us folKwi (The nrst column Klves the ratea for all periods Up to and ncludlna- the flf-teen-day inaturlty. the second for I Sl Hod of sixteen to ninety day,, ft,, third and fourth columns are the rle for rediscounts of collateral Joan Je" cured by aovernment bonds or note) Ccm'l ppr Oov. juror IA 1. bft 4.1 .- aa 13 days On S dais t. . 4 M Hoftolt . . Nfwr TorU , I'hlladMrhU ,, Clftrland .... rtlchmond . . . . AtlunU .... ChtcJio St. I-o'jl ,. . 11nneapolfa . . Kni Ctty .. Nan t'raci'lacu UllUa 4 4 a? !; A 4 '. 4 44 4 t 41, . 4 4'tl '. 4 4S 4 5U 4U 1 u 4.CB 4 COTTON TURNS WEAK twi tin a lnrsnniXKiiTnn vn iiLAV i rnEAunLi Selling by Liverpool anil the South Causes Declines Other Liquidation Aids Drop tOI'TOS I1KI.T MKVTIIKK t'ONHITIONS .Nrtir lark, IK-I. 2S. Th fnlluolns Ifln rtrntur. mn TtrtrM la the tattta brlt tha marnlnat tVllmlnclon. 4li Anrmla, &S Knuttllr Mill Atlaata, at; hrlfln. Mi (Mtlnlwnia Ulr. MrrUlan, Mama. kttnaaca and Nn.hlllr. ANi Alillrhr. Sun Antiinln. 11m pala aud rlsTaanah, Mi 1'nrt riialtk and Manltniaffr. ail Klirerrparl. f'rDH i'krlall, t.llllf tlocV and Thnmu.tlDr, (111 r. Mi liKlTnlrm, SS IVniuiraU ta; JarkMailllr. '.ti rn Irkftmra-. and Tnmmi, llrlfona. It. . Tkrre rrnn .el Inrh at rffilfiuilan hi lfi and Mattfarrr, .04 at l'ruroln and .tail.Mtlllf and . at Mrmakla. forek;n kxchanuk it rk, Oct. "J3 Onlv a moderate Nw YorU, Oct. S3 , IMlt- uottnn market wux ui1. r,t il 4 ' ofitnlitc under heavy preisure from Ulv. , ,ft erpool and tin South; 'the latter btlng 4t hedRa (.elllnr ncalpst actual cotton. The i l.ltrrpool selllnr nta innltily 011 straddle 1 account There wh-s also locul and cuniiiilioloii Philadelphia Stodis Nrl 1 tiuii ii - p '" " tSJ B fr M t 11 0 00 - 114 do pref 0 8 S40Krle ... iat;n lit. IB'. 14 JUtlen Aapli S 4' H H loo do pref, ;o 10H tMKenner. S1U 11' ' "n tBI.k Sup r 11U 1? 11 ',11 1l.ih Ku in U4 in ' U IJU I.h Val . SSV4 44 I'flina Hit 4 4t'Si 4S. "i aiH.SaltM s4?i 4, 4H , a.t I'hlla Co. sj st xn I lies PhTUlllec J',4 ss 1 ' lsipnTictis s t:; , I MO Uracil!!. . n.1 asa, vja. i ;a.s Pac 14 101 llll I las., uwj.. aii, sit, nil, . . II8T011 Hel . t JVi 1 V. 80 Ton Mill. 21 i 14 140 t'u Tract, to 4H 40 IflSf II t .. t"4 " ' !i lin.1 I S Stret.1llv IU1. IDS' I 'i, .VI V J S 41 41 41 5 I'rsmip 1'4 1't 1's ' IKIMIX Nfl lllalt li '. u m two I limn Am IU 0. ' K!ec :. so sn so I 4vuo l.t-h Vnl 1 ;s w 1.100S4 loo-', isoj 1 lis I.'b Bonds 1 :M 4s.. a;.n fil.Oii Dl.os ' .00 looo I'hlla i:'ec 1 1st oa 9 OS .1 P Fl 1VN.Q VT V A TVTT A T?ATTT3AAn tTTTC s Sf Xi ANOTHER HIGH-RECORD PRICf J Advances Close to Par 7 on Small Turnover, With Lar? f..:.. -i.l t -i . r v, vrtitu tinier nans atrons nome v Slocks Irregular 4S Trading on the Philadelphia Slock ICxclianue duilnir the early hart rf' todays session was not m-tlve and nrlr. chunirf. r irr.u.iinr. Pnnavl. "tw Htila Ttailroad attracted the greatest u.imnm ,.r i..i.t ui i.v furthar-V strength, iidvaticlng 1 point fium last niui.r. ,.iu ., .-. m.,i. ... -'V' ... - . fiit " v iuw. V 4H. (1 IIIKII ItVVIM iWI , I thl, .tear of 49, before mlddty. l-ollotMng the earl.t trend In New York. r.iils were generally 1lrm. He.a-' 'lug ( ompnny moved un 1 tmini. i.mI.ii, -..h.. u,.l " Iti ' UnH,ar . 1 11. . '".B,i VJ -41 I. lie II IIUI'IIOII, Will IO I' bouthern nn.l et .Icret and Seashore -Hmp .,,.1 B,.,i 1 Iike Superior a, the uctlte IsUe. After being off 'J It recovered ,! in... Ul ,,, ,,.. rnuadclplila Klcctrlc Khotted a continuance of Its recent omentum, hut was not , Hrtlve us Jestetday and declined a fraction. 1- high Nufgatlon and tapW v.anslt trust certificate, Scd.ed small advances lr..,, J! 'V n"led Ci"', ,m"vent. Tonopah Mining and Gen- f 1 al Asphalt, on nominal transactions, tvere unchanged. William Craino. on.' PHII.A. IXVCTIVC STOCKS .00 a trilling sale, lost '4. and Tonopali-Belmom leucted a 'little ' tnlted States Steel common held Mead.t and vtas more actite than 1 int the first half of the previous Nesuii. duo Hond business ttas biimII. Lehigh Vallet toUiine or buatneiis hh apparent In thn,,ou'"' Ikiuldallon on 'stocV orders and . J'olloBing are quotations i for Inaettva, forelRii e.sclmiiKe luiirUet In tlie early Jap.Uiese selling In modeiale olume. !""' ' l-' '" ''""KPi1??!!" .il ni dfalltiga today and the onl notable tlujlng K.er tvas poor thioughoul , "''i? "ft, ",,,l,nJ..,' hi?,h V.V.c- riten . Quotation" "Vnl' ihl1'1.V.,"th.e i"""1 '" "b0,lt 'S '" , . Tea pf. T I.tttlf SlIiujI, 4V , I new 6s w I. were lower Cotton Uuers and Scllem NEW YORK STOCK SALES Adtance Kumely. I Adv lluiiifly pf- ! Ajar Unbber I Alasl.a Uo'd M . 1 AlrsUa Juneau. . . Allls-Chalm Mfc "JJ Allts-Chalm II pt. St'i , Am Agrlcul UhtiiLlWi clime l! .VI' blW 21. BarnetOilGas iKitditi . im,ii cruThn .CW&cS .Morton 11. Alexander Phlla. Stock Exchange Bid. ' k SJ tUllliflii -M.. N. . t'lty Aiii.m ........ I Am Cnn pter. Am Oar & l-'dy Co I Am Hide & Lea.. I Am II & I.ca pf.. Am Intel-national. Am Ice Am Ice pref .... Am Unm-tHl Alii l.tnsecd pref. Am l,oroinotle. ir, M'i S.V, lc'i M'i 60 4o'4 .'.'J1, 4l!i 7U'4 b7i Hlh 'Mi 2!t IM bl'i 104!, 40' I!!1! .Hi', M M't mill 40 J 00 t' IM IM4 .VJ14 lllth ljn- S.lSl p in .Pi .".I bl' HH.'i W i'i S2V ' t.S'4 T' T'i In. I jl.imhHi . Iif 1 1 Hi Am Smelt i.- I'.ef. hS'i Am Sm . Uef pf.lUS Am KumatiH Tob.llG'j OS4 o i;i 41?. 7h:i IIS'l 01 i t44 CI I :i vrt 0;;, rjtat 1 lo.e St l.-Sun Kran. . . liPf Seab Air l.tne. . . .' IP, Senb Air Mile yf. yj .Shattiick-Arlzona. 1(1 Sinclair (HI ttef.. acj Kouthein Pacific. II 3 Southern llallnay. Ml;, South Uallttuy pf. 70; StudrbaUer Co, ... Ufi Tenn Cop & t'hem 17'4 Texas Paclflo .... IS Texas Co un) Tobacco JToducls. 7ll'. I nlon faclnc ...VM( j.Mt'i l:j cnion t-aciucpr.. 71i 71'i 71U fulled Allov Steel. W'j yi 331; 'nil f-iirn Kim n. lull ..1.1 ..... . ..... Mi- , r. 1 7 7. """"'I ii:t mils iih.'i "i flilteil fruit ....147 l-tlj Ufi 14i; ixiimiui Hieriinsr 4 75.1,, canles lift. elxly.ifhy bills, nonilnally 'i 73, ntnety da bllln 4.71. J-Yane cables B.47S, checks S.tl'a. Lire tables S.3t, checks S.Io. lullder cobles 424, cliecka 4;i, Stvlaa csbles I.Di',. ehrcks 4.PU. Pesetas cables, 21'., theclta 51 Slookliillm cjibles -J5.30. checks ':!. I'hrlstlanla cables !7 10. checks 27. DO. Copenhagen cnbles 27,40, checks 27 10 BANK CLEARINGS l. fil ' IP 'iff: :w; JiM'1 104M ai'i ai'f "o:( 70-v w4 oas 17.'i 17.' i ltl) IHtl 70 76V Hank t'.fartns tn-lar cnmirr.l tlli tor reanoiidlnir ilav last two icur , mis lbiT I1A 'i. vim N. York Uoatuii 36',' lD4;'i 3IJJ 70'1 (Vl! 17J 1!H ilHI 70.', l.Tti'.' 71.1,. oil IBIS 1i17 UK. ' imnB 10 .r.joc or t tin.liU.lsn IJO.nsn.mu lB.n-jt. ;.', nlaht's close and 182 J4.B0I..M.' 41 , 1,44.1 S4S1. o.l Al th, j.r,, tl Crain Brokers Waht Larger Pa; Clilraa-a. (K'l. 23 -Dlrectora r.f tlii 1ln..l f Ti-uH li.,.i nAnrilmA an Mf.,.,,1- . Oololtr HI, All "- , . ...,.........,.. ...... i,.lPm,Pf ,i.T mem to the rules to Increase the com l.lKnunry nilsslnn rftte on 'grain to anltc f roni JJ" cn ? of 1 per rent, to I per tent, which Is ju") charged on straight con1nments. This, aniendlntnt a 111 be Kiibmltfd to iiiepi bus for ballot. ' 0 points net lottcr. I The tone remained tteuU and un , actllfd during the Mm hour. There ttai, more Southern selling than recent but the bulk of the pressure Keenifd to conn from Wull Street nnd Liverpool foureir particularly the latter. Liverpool's selling appeared to be on atraddlo account, tthllo ortcrlnnn hmu Wull street were accompanied b lalk of more bearish sentiment from iliut quuiter All actite positions made new Ion gtotind fur the mutemenl. fiecembei falling to 2S'.3Sc or 21 points under last -.1 . 111.. lt.l l. nnl.ll. hair... , 1. a. t?m lU(,,.n UCIUII ,11? week. lete was enough covering to cause some Tecoterles. 1 1 .So u-.on tipn RH (HI TS S9.71 .w.vo M.ia 2H.I7 -'S.II2 VS SS 2S rs ;s ss -jm in m Lit Bro "4, TO Mlnrliill f.O .North 1'emiA. so ivun x n cp r. I'hlla ' c pf SS Phlla . IVes. . C Pitts : IV pf 80 Pitts Coal cUs 4r?; Hay Cons ... 24 Uwys lienernl I .t u tt.ir , Amcr lias Am Milling. 10' A nur 1ly pf 81 Am Stores ... 10 1 m Stores pf. 1)2 llrlll J C... .. 23 Ciimb Sti(l...l2S Calntv 1st pr. S3 Catnn- ?d nf. KS inn ri-sc N J f.S'c un co .n .i isi" lit . ti T... 10 "WrttU 1 i. Ml ', Ht & B T nf. 17 K"" Tel Co . ;'; Ke T C pf.. 474 M'tatm'd Col York I'.vtM. pf M;W YORK COrTLK M.RKI'.r en l.rk, (let. 23 liecember- (lif ford. ltusell. (lloter. McFadden. Slack. (Juild mid Wilson bid; Klnfteln. New. man, Jaj. .Martlif, Burnett and Kelffcr offfred .liinuar -llusell, WIIhoii. Uinord. Mai tcorn.l raters and Mitchell bid; flyman, oung. Sellar and Motriron offeied. Maieh- fllnn. M.Tndden. C.lffoid. . Hiirtcorn. loung and Illntitelii bid, Lln I J.1 . !!'. U'001'"1 "schh'.t, ewman. Slgel. I ScliUI, llagedorn, lu-.tie and Slgel ofter- , Mnj- N'etvmai), Itsmmaiin, lilfford, I .til uncfAlh t .. . .. .i . . . ..u t ...nnian-K,, JU Hnu lipau diu ; vai- tii-. .iii iii-ji, JUIDUHIU, 15 rook l I itil ilPT UllfretJ. i .lulj-Schill bid. Kredeilckon I i one offered I. S. Rubber Compan.t't Larnings Nrtr l.rk, Oct. 2 J. Colonel 1. Colt, president or the fnlted States ltubber lo-npaii. In a letter lo the bankers tn .'T,'1,"0" .?"'' "'e sales to them of 111,000.000 I'nlted States ltubber notes, states that the current assets of the com. panv as of Jun JO lait amounted to $136,7118.14, tthlle the uiirrent Indebted. nes totaled only 13S.347.71S on October 1 The amount of caah on hand exceeded tlie loans nnd notes payable Net earn. Inge- for the thiee earn ended Decem ber sn. IP 17, applicable to interest charge, ateraged $14, 478.433, equal' to four times audi Interest. Tlie net earn-, ltlffR for tile slv month, nn.leH Jima 30. Stein. ' 1310' sner aeuueting nil interest cnargea uim iir niiutvuii; tor Depreciation, estimated taes Hiid reserves, -were 110, 242.3Cu. T and Lxtra on Mining Motk Tfn . Ie a m lit' To JV.OJ ; nn I'N.i"'-' "JM M the feature In the roffee mar-, clarcd a icgular nuartrrly dividend of r.n,'rH nuotlmV c lesi ne irutng for some time It has .1 p(r cent, uml an eitra .,f l .,.- .".,,. i ren."c" nuoiing .ic. less . pe .allilc to obtain licenses, which payable NotVinber "to stock of rr S '. fSl',mMf.niinUpit? . nrans that domestic linporteis October si r ' ' "oclt r rotord remnlned unHiange.1. Haw, a enllrelv out of the market. I changed nt o.OESc for ! centr t.'.l.'l b'i'4 fe'P L'ntt It- Infest. , I'nlt U.ts lliv pf. f S ind Alcohol., Am .Steel files. Am T k T to f p. Ani Te'. & Tel , I i ltiti.w-i iir,-, Mi', tio'.'r ssni p.&'m: .1U.J lmmi.MK ., . Ill, 74 ,in Tobacco . . : M)'i Am Tob pf uetv . . IH AsroCated Oil . . . 014' .Mn Xliic L S. S.. la'. T1IK i.tuttl mtiiimi. iitMi Anaconda Copper. . I;. Pllllaite.liltlii. Ph.. Ctrloh.T L'S. IMlh Atlltn Collft LltlC.101 T,lie llonril nt l)lr.'Cto- li.iN Mil, day lie- ,..u "r.,i. Av t 1 1IL 1 . .I.rwl a dividend of rVl.t tier ift. IS'.l . AKn ,i" '." Y' pitssble Nmrinlier I. IBIS. 10 aliakllcMers ' AtCh T at h I- pf.l C4)l iif remril hi the cliee -of Inislnc!".. un cKto ' ,tl tiulf & ' l.Itl- HaldtWu Loco .. ell' ci!j Ho.'i s.1 p. t; S Stcet WW luu u ,. ."'., i; S Steel pref. I toll Copper . . JiVi'l Wabash y?: , Wabush prer A iLV. itHir, UHi't iix UM' 111 !!: u7- u;vi 7' 1 7'."i 10"f l'a ItiC'i 1071; 107 107; J co4 on to co 47f; 41) -111 4U H0;i UP,' Ho". 110', It"! 114 Il'i'. 112, JSi HOI isj WIJ l.iterpool C'vlloii 1 i..,....i 11..1 'i v:.. .-,,,..,. ..... MnrMim,rii ..... ..v.... ... . --..,.. .. ...... .. , s J..1 LOCAL MIM.NU STOCKS lUN'OPAII h TUCKS llxl Jim llutler ... .47 In r il mis riictl., v.'Hl l" NOi'l.'C! I'VIN l.".I)OI. I'll t'nilnei-. CREASED BUYING SENDS CORN UPWARD 'J7'. on S-Ti Nt.'t 1H 11U S.V, SI oS'i' OS' 1 l.'i I Wabash pref B. Wells fat go Lxp. Western Maryl'd. Westlngli i: & M. Od.'i IC 2:, mi in'. 40-; B e a r s HoUSKb Sliiihtlv utul Scll- Cominishion Prices React After Cains , ( hlrajco, Oct 2.1 Buying of coin m leiumed this (tiiPiilner it-iil til. ill 11 r). At iib uli-niifrar At llie'lmi luiwever. tnc.il t,ejl- ,. ,l 1 Clll Mil A: St I'aul eotimib-hlon houses smiplled the demand, ''J1' ' f-rf'.,',,w ltl,M .11.1 , I" .MMlll" ,., " !Chl 111 & Pacific causing a A llleil. Tiie po-ltlot eat'llun Sentiment of the cash at tide ttas Ilaltlmorefc Ohio. 6.'( tlatopllns Mining. 1' llMhlehem Steel.. 71i Uclh Stl Class 15.. 7l!; 71'. il'i (Mil Stl 1 p c pf.1l)4 1UI 1IM lirookn Itap Tr. 1L''i Hums Brotiicm... 153 ..-. Hutto Cop& Xluc. 10'4 W'4 10 Uutteilck Cu .... 14 Uutto ,t Sppfiior. 21' ... Calumet 4L Aria. . . Ii... ... Cal Petroleum ... 21)1 "! '! t'al Polroleuin pt 00 Cal packing lo'i . Canadian Poclllc 1,2, l71a 17ti Cent Leather Co, Iki.'j 00', I'eiTo de Pas Cop. ob.'j t'lMinller Molof.. bTJj Chesa : Ohio. . .. 01", Chi (It Western. . b'i chl Hi We,t pt., -'3U 01 Kl), IIU 2s7 firm and imui look upon the pieutiumx for lhee gradei as evldmce of baMi' C 11 I A: Ptstiopr. I C It I fcl 7pcpf. fc-Ji Chile Coppil .... 21 t'hlno Copper . ... U'i Columhla I & U. '.O ; v: oi;,- K'i 2o'f 01! i SI 11U 2J 72.' a S.-P4 21s, 414 lli 054 1)7 til!i b'i 2alj 51V Si., 111.5 2'i strettgtli Und this hud a griod dal to in. .win iii.-i--u.cii vauiiuu iiiiiuiiK rcnci.-. i ' : ., o,,,i;.t, ,IM 'ht'. .lt,,fl,l,t ..-U ll'ut.h.il I LOIUI.UU .?-..,.., .., .w4 -" " " ' .Contlos ..1U2' 102 The 'ilUlfl cioei. twlohtfi" openetl at $l.0 bid, against 11.27'Vi, -pt rda. Notember ftarteil at 11 24'Si H.21I-... against S 1.25Bi at the c'oe jeUlslsi' and. .if let' selling ill II 2?. decllmd n little. 1'cceniber as Htiojed at $1.22.i 11 2l'i lit (he outeet, coilitmred tilth $1.20 at the end ester dayi and later old at 11.21', Receipt!, heie today were 1G1 car". Theie tt'as actite buying of mint tit tho.ouWet nlid prices title Mime' Com. mission hofises 'sold on the tWi. Trade wan fiilily large and m'led, Xotem- benojiifdiat ?H4Cvga!nn Vie at. the., Coin Prod Kefln , 44?i Com Prod Iter pf.1U!S4 Cmclble Steel ... A0i Cuba Cane Sugar. 32.', Cuba L'alie Sug pt. ol.'t Del At Hudsu....Ui,4 Dm X. Illo C.r pt. 11 Dome Mines Distillers Stxui . . Ih lo 1.1 111 lbt picf. . . . Podviitl M .1 S pf . li.tstoii mu & XV. Oflicial Cigar , ., Uetiervl Motors. . tlulieral Motors pf. 12 7j; lb a4'-j O'JJi S0?V 4 127 7U, -1j! SiH SI 117 115 12 -is; lb'. Si 21 J i 41J 40' i VO.'i 102 Mi 5 "oil's 02'. UUli IP, 12 .IS Ill 10 i71'i (1'4 1)7 bli blk 2j.'; bl;i SI 10.1 21) .2 SI 21'. 41 40', 201. nu Ufi :u to?.' IT Il'i 12 48 17,'i 14 ij 12J'v , Wtiith P pf IS... 00 Wheeling . i.it u i, Wilson & Co .... 5S West Paclltu pref. uo'i Will s-Ot el land .. 21'. WllUs-Otcrl'd pf. bl' VH))i iiuiJi Woolttorth Co Sl4 to', i n. 72'il 71. K'l 14 15 0.', 5S GO 24 uG',' Of. 40! i 25 iO'i 10Ji 40'J 14 45 OS !ite AS 51 00 00 J3 IM sleHd.t basis or middling, old contract e.tles Were 2000 bales ",.,:.'. ----.--.. ..-.-1 jin.. , wiiii pric-ea eusier on ine I Mlaiwh K,ti.lii decline of 31 p.tinis for I Mimtana 7. .. . at i3.ti3d. ales. Ileceiti.s ls.iMiii i,aie. inciuaing i7.!ino The North vcre .it" .it .on t.ales American, futures were ateadv In the early iieniings. spot North Mr .... . .,. llrtiue Eiiln os iil Km! S7 llill.tlFIKM) HTlHJK! nrlce, follow! i Aiiut. . na American uilddlliiff fair 24.1Kd : ronil I nine Uull middling 23.d; middling 23.Kd; Ion """ middling 22d: good ordinal)' 20.41d: I !"'!n,f " " "J oidlna.y iMid. ' j-""" ' ' ' ":::: :!;- railroad KARxiKfis '&$. '.'.'.::'::. m HT I.OUIS KOCTinVKSTEItN IIAII.WAT MIScT.M.ANKOfS 1tls tnrr,aa, i Aritii t'nlteil is hecnncl fek Octuber. . lllTll.1100 ll2,oriA Nta.1a Wuniler . . Ie,'ri.ase. Tecupa Mlnlua 12. , f Intl.. Oct 23 - Announcement thut the war tiarie lmnrd was nteliared io uonaiufr applications tor inuiiin n- i tue .Miiparo .Alining Companv has de ..Oil I linT" I1(lfl lii n tAiuir li. ..ic .,...-.,,.,- , V,M(.U imii i net tins niorutng . . ueen luijiosslnic -? '"Inaturallt means ,n!have been elilltelv .,'f, :;, 'tend In conenurnwt llraitlllau shlnptis I "hate tietit few offers to tho cost and I " freight market here. As it result, the tivile has been without any clear line i on the attitude of Ilnizlllun holders. ' and It Is expected that the ,-ultlic from ., Washington ttlll be follotted by u rc Jn tiettal of busliieia In coht and freight coffee Importers who aptdy for these, us licenses mnst lme their applications np- I !protid by the fxid admlnlatratlnn nnd i I'the'r ptirchjti'es will lie under control of ' l lie sugar eiuau7ation imartt. .No Chanpe In Sugar Prices New rk. Oct 23 The rfflned aural market remains unchanged, ttllli local tvftnerM nllnttlif- II. le.3, 'J nee rnt fne ner cent for conditions lw are un- eentrlfugala. MIWiiiWnilimilWIIilllM QUICKER MONEY! mi 1 ml nl UOVERNMKNT HOM)S '". I '. r,aiier,'.l liao . .1.. I - I'wuvnn ls IS . reauternl. llits . . .,; .1". rounmi, tins , ',!? 4. rr-al.trred, 1H2S . "J In luupnn. 1S2H . ... .I' , .1,. rr4tlter'4. IlKO " 3,. oupun. 1U4II I'miiinu :,. rv . Ittao Clllrenaini. '-1m rrr.. ISIS '. I"i.ninn S. re , IM1 14 I"Mniimu 8f curan . . ltd lis !lfc py. !IS. Inr.'i 1l"l'4 ss l-.t is s sr. SA Ail.td I S 107 . 107 I I AW York Bonds Low 2 p m f'u'l - PH. SS 8' 104 92 U SO S6 86 9', 93k ! flirt .vnxteeiluv'nuit" Otter h-aM at fiNUe, . li:fiibiSrViii1ufled nt 7',j 08i,vkt ! Ooodrlch It !' Co. o IhtrtlflbrtLagAlnM s'ili bt -tint 'close Oratibv Consol..... b4 . estSt'nfl iJtltuu.'iiriK'-c8';'c re- u N 1rv,0!?,V wit! fedtirfattctHH" ,'-. ?9( ' (Jttene-Cuh Cop.. oOJ. m&V-'-'i i 01111- Slates Steel 7 - ,' MnsKPi nuini tv ! nlu. crs:-r,i1)x)ii1tY'''iio' "a slow to tuitiicictir, jVurgi pacp. . 0 tug I "T", ;4yi ( iaihv "fy. , Hejyfliit!i .of. Mrltea 4.1 Mliuicttpolln tp-i ,... Agilcul Pf.. o7'J Illinois Central 102 Inter Agilcuituiai. i. HI).' 30i MI 4ti't 1U7J HJfi i:!U! 12i' 128 7U 7'J 70 55 55 55 8,0 ,Mt H1H :ii :ii!i aa.' 50 o.V, 50 71 71 71 .p) 40 40 lb2.' 102 ' 10.' 5SI, &V. 8', :i7 J'.'i agaltttl 526 earn laxt I lnsiilralloti Cop.. . 63 i jearj.'al Vul.utlt, ,9, cnis, agaJnSJ 164 1 mterboio Coiisol. S'l irJ'. at VKii'Jkqr 1,82 vals. .arfalUstlia ' mterboro Con pf. 7 cafs.. and .at Wlnnl.'ieg 1028 cars. com. I ine M..e Mar.. 31L. pared ttlth 810 cars. inter Met- Mar pf.l22t jjM's Lrs'lilig futureK ranued h fullowa; Inlcr Paper . . W ; Com (ne -.lellierj inter Nickel -H .I I '-','. 1.-.-4', I 23 ? KelljfSprrngf ti . 1.20', l.'.-i', i.-jiii, 1 Kennccott 1 opper. dS' .9! Not1. Dee Ouls tst . Nov', Her laird Otti Not, Open I Huh. 1.21'a I 2.1 I 22 1.22 1 Lack SUel I.Sli .117'. 'is 1, US', UTS ..s ill. its', 07', Jaii. ill j.i.i;. tu.- ot. Nov. .421 4.1 Jan. vil. 1111 ; I'ork Nut" 1 Jan . . Hid TAskf.1. 21.4.1 SS.I7- . . . t2."..T7 24 30 124.211 ti'4 115 2S.S5 t23 U 23. 12 . . 121. SO . tSf 1llt2l r.o ' HO 20.45 20 1 31 20..VI ' I :..v, 13S..20 ..Nominal 711 70 2-3 .. tu;,- OS'i 10 10.' 1 102 ... 12W... M't Oo'i b . 1(7 ;u 12 Us 'j-ih iSr't 00 ii'J'i 70 67i 55' ,P 111 122', 3o.' 32 , 21 o5 lib', 70 lllctl SuOOAng-french 5s fti'; 25000 Am J-'or Sec 5a H8V, iSuOO'Ain Smelt Sec is lot 2000 Amor Tel 5s.. !2, IDOVtiAiiicr Writ I'ap 5s (10 2000 Halt Sc Ohio 5s 86 ,31llU0Ualt A. Ohio (v 1'aS ., . 85 14000 Ilrk ltap Tr 7s Sfi", ISOOu llordo i's . . . !'S' , 8000 Ches & Ohio ct 4'is 79s. ISOOOi'hes Ohio ctm i's 861. 14000 I'M II & 4s fi3, 6i)c'Chl Mil 4 St P rfd 4'irK 73 1 0000 (Jlil .till i t conv 5s 852 2000 Chl Mil & St P 4a l!25 .. .. 81 S 13000 Chl Mil & St P ct 4'jK . .. 81'i 20uOCIil II I & V rfd 1s 73S 4000 Col & South Is 86 V. .umij i-oi n .-Sill 4'S 1. 71 loOO Con (las com" 6s 104'- 10s 104 - 5000 Den &. Itlo Or 4s si fflOO Oct Tun 4 ',s 79 1000 Ills Se.- Cor 5s IS'. 200U Do of Can 1C31 95'-, 12000 Kr1c tsonv 4s Ser A . . . 31'j 1000 Uile conv 4s Ser H .... 31 '2 1000 title conv 4a Ser l . . . 63 30O0 Krle gen 4s . 50ai 33000 frent 11 ncpublle 5is 102- 8 13000 II A- St rfd 5s 64 ',5 1000 Iowa Cen 4s. . 40'i I'OUO 111 Cen rfd 4s. 83 3000 do Is 19S3 76 SK OHO lni It T ret ,'m S3 14JUO0 Int M M s 104'- 10S, 1000 Kan Cit T 4s. 26 26 3000 Lit S deb Is '28 86 86..-J 13000 Leh Val let s lOO'l 100V 103' 92', 90 85'x R.'l' 96 U 99'a 79; 86'.. 3, 73 50'x 84' S'l 73 86 69', 79 85'; 95 51 51 4 tr. 59,. 102'i 4V, 4'i s:t : a l S5'i j 84': i 81 73', 8O4 69 79 85 'i 93 U 5L1 ut'c 55 56 f. ss.sn ;. l.tn D7.K0 S',10 99't 9'1's 88 v liS'i L Financial Briefs Kmpl0e of rallro'ida under feder'al c-otitl-ol HUlitcribed not less than 1164, 992.15U lo the fouith Liberty Loan, This total according lo Incomplete re ports rtceled by the Itallroad Adnilu latlallon, tvaa dls.tibuted among 1,612, 694 persons. Leb Hub & ilr. Lehigh Va le . . Looie-Wlleb Is Lorlllard P Co.. Louis & Nash... xlnvu.Ml MtltOlS. Maxwell M 1st pi. o,;, Maxtte'l M 2d pf. J 1 aiay Oepi Stis.. 08 Miami Coppel1 - 2s'i Mexican Petrol.. ' Alldtale Sltel .Mo Uari A.- Tca . Mo Pacific . . lo Patlllu pref.. 8) National Acme ... 31 Nat Cond At Cable. lb Natlonal Un & S. Ab'i National Lead ... 01 4 ' Neada Con Cop.. 20. N y Air Brake. .110 V .V Cenltal .... 81,' ! N YNHkU.M. ' I N Y Onl'i West. 24 ... v est . 1 iv.-, 111 02i 02", 40, 4U, 0).', 0.1; 1 IKVi 155 , 2b't too 7f 101, 2S'i 15 1 17.-. 4M For' the first setehteeu dajs of'Ociohep aal of iir (rating and thrirt stamps "N. M 1IUUUKIIUUI 11117 VUlllHI J linn aTSJD.Sl ill.BHll wa -" '- . .1, and tor the llscal jear te date 1184.- Northern I'aotnc. uo,. 141,424 . ')hlo Cities Uas.. 4.-4 Ontario Minlug... . Tfliete lli be a special iiiecling of th- 1 Owens Bol Mach. 001 , stcifkholder r the American Metal I peclnc alall . ... "0, .Nunpatii pa November 22 ror the pur- 1 pa,.m P& T pr 114 poi of voting tilion the dissolution of ,,,,,, - n 47f. thttcoipoiutlon iK, tt.i Chl. i74 The Sup.eme Court Of the fnlted ' Pl, ",,QPVf "f.V " i?i'' Stiltea has denied the application for a! ' Main PiW lL- 1j, special i-i it or ctrtlorai I asked by the Pierce un Peniu- Ji aula . I UUliotid ('.oninanv In the Philadelphia Co . JJ1 .. . . t.. .... ...... 1. ,. ..-... -.--: , '... b2.', U!i 05." I 44.',' 33), lit, 4U 57 15. j lb ' 1 S2', u HI 05' t lUi 2! m 7.', 27W k 1 'bl'.'l 41i 111 I5jj 44J, 3.1,' 1 s:ih1 llt.'a HU iU1, 'l). All. 5,1. isJilaJj, IS IS aafj :i2f, in :"r""e iriiiiajitaiiia 1 auai toni- i.iilht & west vu.,oo;i o.jj .i,;t iif J, K"the,,dfol,'1,;lar d'i'sVr'ibu.fo0,, xis" pf,,,5iv ,,,",, wl" luu' lieisnaarv fnr ll,b inastrf IdVlIold another meeting In order tn accept pi our or cettaln bonds. The Philadelphia Trust Company la deposi tory ot the bonds and further Informa tion i an be obtained, ihere. - Plilladelphla Kedel'iil Hunk has W Uil.HHI Tll OS 24J. Hi OS i.nlimuh Co .K..1207, y Steel Spring , l)8, L8 Itay Consol Cop.. 2U,' 24j llerdlng . .WJ IH1 Headlbg 1st pref Uii.w .,, ,., Itepub iron & Stl SO MJ1 bi.'l bif, Itoyul Dutch ....120 ,.v lil.o 07.16 Bt.ia BJ.04 99'b 99 , r.i4 88r 18 ' SOU, '.19 (a 102N -4i, 1 83 's 1 83 j 104 'c I 2C 86 5, lOoH SII.BO HT.flg 1.10 97.20 7.01 99'v 1 88 14 9S'a 99 i si", : NEWCOMERS IN PHILADELPHIA AND VICINITY are invited to visit our main Banking Office, 1431 CHESTNUT STREET located in the heart of the business and financial district. Or, if more convenient, either of our Branch Offices, 6324 WOODLAND AVENUE 152 NORTH FIFTEENTH STREET We will be glad to serve you to the full extent of our Banking and Trust facilities. "Genuine Service in a Friendly Way" LOGAN TRUST COMPANY OF PHILADELPHIA As in trust ian tu 1 ollrct the letoiiiils 110 1 sell lit, thrir it no 1(60 distil) ti inn your cus tomers tilth no. the 0 the sate oj their .!,(-counts. for Manufacturers and Wholesalers Worth 520,000 to over $1,000,000 MlllimilTOlM On a risjiiR market for commodities, money with which to purchase same is worth much more totlaj than it will he 60 tlays later. It isn't what nioncc costs jou, which you must consider, hut what you can make with it out and above its cost. It' )uu cotiltl sell jour merchandise for casli, in order lo rc-huy and re-sell similar mer chandise ami make another gelling profit, on could aft'ord to allow a discount almost equal to the amount oi your turn-over profit on merchandise sales. If ou make, say, 5ri net. on your turn-over, ami jour accounts arc paid oii an average of 00 days, j tut can make more than S0rr per annum on the cost of our moncj" by selling accounts to us nut instead of t ailing until j our customers paj you. Certainlj jour cicrlit should be improved, as jour financial statement would show cash as an asset, in place of your accounts or you ttould have reduced your liabilities and owe that much less tnonev VOL'R NET MORTII IS NOT RKDUCKD BUT SHOULD III. INtRI-ASMD DV ADDED I'ROriTS. mwmMmmmmimMmmmmfmmmmmm Commercial Credit Company Cash Capital X2.250.000 Surplus $430,030 IIAI.TIMOR E UiMirr.-n'Mf'tl at Plltl.AIi:LIJllA .'1 2 Mock K hante-IJJOr m 't'honp lAXimt ullil SK'V YOIIK c Illl'.Uili I'l.VCINNATJ HOSTOX 1 gHMBaWWil r-' w. I HBO I. Ill llll Slit B0080 tin e, 4, . 0000 llu Ut 4, . '.'030110 do 4', A1K0 do2ll I'.s 37000 l.jony Cs .toon Marseilles " 2.0oo JIo I'jc tin 4s 5000 Mo lotitr is. -noun V v i' II iir 2000 ,N V (' 41", na :, 4000 do I'ss 'Of, 9'.i (iOOON Y N H L II 4s 1956 iV 400 do s ''s BOOO N I, Tl Kii 4',s 8S'a 1000 Nor l'at 4s .. 15' 1UO00 I'euna k ct4'8s 891i . SlOOOI'lerce till 24. 89', SOuO t'ub Ker N .1 is T& BOOO Ileadlne lien 4n 84 lObO Hep IrJt S Us,. 9S'U 10000 SU.&SK SrA 4s 62 4000 stmiili llfl! Sh . 91 1J9000SOU I'sc t flatOl11, lot's 101 'fc 1B0OO do ct- 4. 44 4 S4 1000 do rfd 4s . 2 2 32 1000 SoUth Hit is 9&'i 1000 Texas Co tis .too 28000 C S ltubber 8s 84 , 3000 I'.S KIeel s f lis US', 9000 Union l'ac Js.103'; 7000 do cv 4s . . IT lOlOOOfn K (It U k I ,s n iir.i.it'o4,ioo, ioo, o B'ih 1921 9S'i 9014 9 50', 90CJ 9S.'s 88'- SB's S9' 19 ', 78 84 3'r 02 91 9B' 100 SI'i US', 103'-,. 87 ' 59 93 ' 8S'i 851, 89 J 89', 78 8, 91', 6'."i a J 95 , 1(111 14. OJt, 105, 87 11000 du 2000 West Clitoll Bs 0H- UIMDEMIH l)ECLHED Th Vailed .Wlrn n Supply L'onirn u,uul nUKrter!" of 1 'k . lr cent on lli alr prefrrM sioek. 1 r at on Hi rrfrrr-J and ) rr tnt on tns cutnaiou ttxU. Bit pW Xaieinber 1, ' Nitaila WnuiWr Mltdns.Coninati,, 111 pr rent. pnsble Kotenibi-r 21 to Hoik of ne. or.l Oi toller 81 . . . ,,, .. . , Sew I'entrsl Coal C.imp.in. uf West Ji. slnlii. emlmmuiil of 40 rtnts. w),b.e No- UfliTSI onlnant Cumiwiii, t per iwit, butalil, Kotnil'f I'"1 t- flu ,J' f'c-onl No. trnili-r 1 A UlvWtlid uf U Ptr iBt v ptld Ian S!i - f - - Hijthrr (Us for Uo.lon tloKtan, IKt. 26. -The petition of Kos ton Consolidated Has Comfiany 16 In crease price of fan from J cents per 1000 cullo reet to 11 has ben panted by the board ot fas and elbclrlc llsht coinnilislohers. ' UNTIL A1-' NOVEMBER 9, 1918 LIBERTY LOAN 4 BONDS MAY BE CONVERTED INTO 454 BONDS HOLDERS SHOULD PROMPTLY AVAIL THEMSELVES OF THIS PRIVILEGE WE WILL ARRANGE, WITHOUT CHARGE, FOR THE CONVERSION, OR, WE WILL DELIVER TO INDIVIDUAL HOLDERS k'A BONDS IN $60, $100, $500 AND $1000 DENOMINATIONS, in exchange for 4 ionds of like maturity and denomination thus avoiding annoyance and delay. full Information regarding the conversion privileges and tax features of the liberty loan bond issues will be furnished'upoh request. MONTGOMERY & CO. 1M SOUTH TH TMEET IHILA1.ELPHIA 11 WALL STREET NEW YORK , GOVERNMENT SECURITIES DEPARTMENT. TELEPHONES i BELL, LOMBARD 43J KEYSTONE, MAIN 2M4 MEXICAN PETROLEUM WHY IT IS A GREAT PEACE STOCK C. W. BARRON says in his book The Mexican Problem "Xo country lit lite world nevds closer rela tions with the oil development of Mexico than the U. S. The fntttrc demands not only redemp tion uf the Mexican man of the soil, but the re demption of the American farmer as well. "Tlie redemption of the 'man with the hoe' will come through the gasolene motor that will plough Spring and Fall, cultivate all Summer, chop wood in the Winter aud not 'eat its head oft'. "Their conservation is a world-wide neces sity. Their protection is the duty of all nations." In this book Mr. Barron also describes th great future for oil in the uses of the world. With Map and Illustrations $1.00 ntt :4 At iH IfltkseHtrs Htuflhttn Mifflin Cf. Publlihar Send -Orders to PHILADELPHIA NEWS IUP.EAU, Ind.pmtoc. $, CM i2 ' '5i 1 1 1-' M J .41 -V. jtserv rist ,,i Saxon MultfT ..j. A ' lM."r.k, I4 V "if v 'b' f -' '&.' ( ' ' - -. . . ..'. '&.Vtf-Jffjl i - :" '8st!r a ..T , -l , Oilier HntncUl New, on V$$t y. If t- JIM A mjj1WK iA'
Significant historical Pennsylvania newspapers