Newspaper Page Text
THE SUN, SATURDAY, OCTOBER 5, 1912.
17.
COVERING BY SHORTS
jlnrKH lenders Try in Elimi
iinti' I'nrf of Siynllor Fry
iimnjr tin1 Brnrs.
iaik.i: CHOP INDICATED
Onl IVnr of nn Knrly nnd
Ii.'iiii.'iirinjr Frost Prevents
Tree SelUnjr by Traders.
irl-M-n rnr.r.CAfcT TOR COTTON states.
rr . .r'h Carolina, fair to-day, xcspt
rtin n'n the mill moderate northerly
,1. i, fair to morrow
e.r s i'h Carolina and Osorgla, gen
,r, f ,ir to d.iy and to.tnorrow; Iticht to
jf ai snnh and northeast wind.
en Miii mm, Mississippi iin'l Louisiana,
i tiit to-morrow; light tn mod
h ml snuthenat wind,
a.'irn Tessa, fair to-dayi shower
' r to-morrow, moderate east anil
utnita.
if urn Txi. Increasing cloudiness
(i. at rain, and colder it night or
fi '
I in
r
K'
t il
t
V. m.a. fnlr irad contlniie.1 warm
'.tin it nil colder to-morrow nr to
niclit
T-i" s.r. fnlr to. day, fair In eastern,
iic i Intidlnes n wftern portion to
ll -tr
I
t. '
Mi
re
J ir nktnlinmn. fnlr slid continued warm
to-1.' prohibly fair and colder to-morrow
i. " m k . fnlr nnd continued warm
In-reusing rlntidlnee. followed by
un l r 'I It-r In western portion tn-mnr-
Support was again, given to cotfon yre
terli tiv lug hoar Interests who have been
trviiu rid the market of trailers on the
short side Dim result was that prices ad
vti 'I'll in point. lih ttir smiller fry
nnr. e to cover nt tho first sign of nggtes-flifni".-
on tin1 part of the powerful market
Intel ests TradUig la on 11 limited scale
mr now ami largely professional. It
not tnk lone to produce a technically
overbought or oversold situation nnd the
.old out 'ondilion which una In evidence
to ..r three (lays ago would he likely to
b")iiit' reversed on a moderate further
It'll ' H
I tie I'flort to advance prices Just now Is
hiM-l pur I) on the Idea that If the market
to Iwim' a big decline the smaller short
It,! -re-1 iniM he elltiilnated. In oiher
unrl tin- market leaders do not care to
In' 'he "mailer fry "muddying the water."
lie ! ons lor the attempt to put price
tir c.iii' plutisllilp, such, for instance,
a- 'i it?i;ciin!i that frost would do con
i . . . nn it-, -inure nmi cause u very sharp
,n: . 1 1" i' 'he iinrltel slntild he In a techni
cal oeriilil i ondilion when the forecast
mi." pihlie. It Is also true that
H' hue lieen fair buyers recently
a !, t iln; show a disposition to trill
ler . e "nt,ttin on declines. At the
r "c indications mm ale for a very
f'l iciii in least the second lantest In the
h:i i .-.f ti . rt ton ttade. and It proh'ihly
i ,il.e some vry aearesslve huylnit or
u' ' i . ota'ile crop new to brine about
r. h of an advanee
Hie immitit of cotton hroucht Into sleht
fir tin- week was .'ill, . Mm bale, nealnst
t,i-t year Tor the season thus far
1 5 '.'.MO. acalnst 2.w7M'l hist year Spinners'
ta liiK of American cotton were i;s,oiVi
hi , aoinst ;7I.(miii lat year. The vl.
tli supply of American cotton Increased
u: ) bales, nealnst :i;u,ijoii bales last
v ' The vllble supply of American
"on is now ;,;'iri,fioo bales,
I itures closed firm, with prices 8 to in
p. nhizher. Kjtlin.itedHales.ioii.iioobalcii.
I'n . as follows
Open- lllch- Low. cio. Prv.
n. rt. est. inir. 'e.
10.7H 10 lo (17 10 " in f.
10.91 n ( tii.B3 it o: in tij
10 No 11 (VI 10 So U 01 111 Jl
u oi u in il. ot ii w in mi
New Orleans were as fol-
OrtcV-
nhcr.
3tr ry
tures In
0'i
Pe.
;
mher
Open- JIUh- Iiw- Clos- prev.
Inr rt. M. Int. Cloee.
10.117 11 10 10 07 il m 10.H1
11 C3 11 1 11 03 11 lit 10.117
11 07 11 i; 11 0 11 20 11 01
11 31 11 31 11 72 11 37 11.11
s' nt . otton here was unchaneed nt ll :.le.
. i ii ilme upland? New Vork (prtlll
(ate I 'o. k. 7T n hales, aaalnst ."i,;no Inst
re -.vitliorn spot markets nenorallr
' iiiiredtoa-iahlnher (ialveton, 11 !e :
e nrie-ips 1 1 1 ,c Houston, II'. V Mem.!
t 'l- " -i AiiBiista, Il l-lflc ; Savannah,
10'.
' e eipts and stocks at leading points,
(i. parisons, as follows
Herein!., mil.
. .1 271
. 0 011
. l.ll'l
:,uo
(it'v-i in
"tens
t
Stork., mil.
351011 B7 7V
11 137 .11 H11
7 131 111 1
I013K US 3(7
U331 itaii
31 SlJ 35 3 M
30 ISS
5071
1S0P)
I a mi
3 Oil
4 731
p receipt., fii,464 bales, niralrist ;,3n5
'eir Kxports. r.im Total for the
;.-..fli.1,aealnst I.17.1.U3 last ear.
Kttlnnted I.sn
rterelut. tn-iMv. Week. enr.
""S 34.0110 to 3n.Sl I. nrwi
"'""in l.'.nji) to w,Rl 4.,Vi3 3.0T3
I lerpool spot cotton was In irnod de
i 'I one point hlsher. at 33d for Amer
i' " " iddlini: on wiles of li.ono hales. Ku-
. upeiied ill, out n points lower and
' eei' poinmup. Trbes as follows-
Open- Illajh- Iiir. fins. I'rev.
fit. Inr. Close.
f n.1 a inu i oi
t nt'l r, nai, r. oii
In
(Iv
or
Nor
eh
Ot.
S II
f, 07
a io
13
B.ol'n it.09i n on
a raij is a iou
In?
a ni
on
r in i. d 03
"-' ie. f; op
t.n .M i ds tn I.lvernnol nlh..
l' i I'eteml.er, io nn .lanuary. in.pi. Iad-
iiiit 1
r- !
h i
!
pn i
' i
' Aeeii
r
'r. -ji
i
t.. .
( .
a '
I
n .t
n
t'l
l' .
IUii
ur
loer
Ve
LL I
l
r'
r Mel adder. (Iwnthtnef. vlrt
Wilson. Iliirtcorn lndine eU
"e. It. Hubbard. Martin. Snrlnes.
if ordiin. Huttnn.
roTiOK N(Tr;s,
"pool cabled' "Heavy hedge selllnc
improved demand for spots. .Mar-
' weak undertone."
wired from Troy, Ala.' "Decatur.
to IHrmlncham crops are fairly
H rtiilnaham, Montgomery to Troy
ratner apottea, particularly be.
M'.ritifo mery and Troy. Inceaiant
'e delayed picking throughout
'.n. which is very backward. 'I he
' grades Is greater than damage
il I Whilo the trop as a whole Is
p.uahle with last year It promltef.
atsrage yield If weather conditions
tatorable. '1 hiss section nhout I'.'i
hy of last year at this date."
"ginnery, Ala., wired "From recent
is'atKiiiH mid reports from reliable
- l.cliotK our earlier reports too
'ie Very little top crop and doubt
'I in Alabama will exceed l.aoo.on),
'"iitinun to Interfere with picking
'ie grade has beeu considerably
' "rl'-ans wired "Much better In
' r (ommon staple, Including good
good mlddlliir,"
Ins wired Tor moment mould
r 1 t I hink South short. Flint little
Krara would chiisb sharp advance,
liere in good demand, on to two
d'ove futures Traders here con
ainst tl market."
i' on the iinor jesterdty was to (lie
'iat latniinnie covered about SO .two
l .luM'ii iIih luii. rally Spot houses
id been buyeis wero among the
n 'he iidtame.
THE QBAIN MARKETS.
Wlimt Advanced Mhnrpl, lte
nerrerl War lluninra From tke
nnlknna I'r edlrtlons of Haln
In the orthrrest forn Vv,
Wheat got n stimulus from w'nr rtimora
from the Balkans, reports that the bill
sarlann havo Invaded Turkey Incteused
export sales, predictions of rain at the
Northwest, moderate reielpts In that sec.
tlon and the fact that Northwestern stocks
are iicctimiilatlng ery slowly In com
parison with lh Increase at this lime last
year. Liverpool, It Is true, was Irregular,
being 'id. lower (o !id. higher. Hut spot
w heat there wiih unchanged to 'jd higher,
and nt Budapest there was an advance of
?(r. At the opening, It Is true, there
was some slight weakening of prices onlng
Partly to the lukewarm despatches from
Liverpool and a decline nf 'jc. In Tails and
'ie, to it,,., in Berlin. The weather, too,
In Frame, F.ticlaml and tlermany con
tinued fine. The political rumors from
Kiirope were at tlrst of a pacific kind But
later on all this changed. Warlike reports
came thick and fast. Sexere lighting wns
reK)tted In thei Balkans. Winter wheat
reielpls show rd a decrease F.xport sales
were leported of x, loads, or sso.ooo bushels.
The stui k at Minneapolis has Increased
for the week only .", .win bushels, against
:i.mi4,4h last year There was a distinctly
better demand for hard winter wheat for
export to l.lterpool. Some export busi
ness was done at Kansas city via the gulf
Shorts entered on a liberal s' tie What
with the recent decrease In the receipts
at winter and spring who it points, bad
weather threatened at the Northwest, war
rumors from F.uropo and n better export
demand, wheat bulls had things pretty
much their ow n way.
Com advanced sharply It received n
gol deal of help from wheat Still theie
are stories of dam.Kn by frost, of sufti
corn. Ac . w bleb also heliei to brine about
the alliance. Hrailnlrtrl'n will say to-da
"Cold weather In the latter part of Sep
temlier was not favorable to the orn crop
and other vegetation which was late.
Frosts of varying Intensity were general In
the latter part f last week and tlie"eatlv
part of this, nnd It Is probable that this
year's crop, which will possibly lie a record
one, will contaJn rather more than the
usual iiuantlty of soft corn This, while
useful for fattening pic, does not help in
the matter of real grain, so that the crop
will prohably not be as large ns was ex
lected a month sen 'I he (loterninep.t
report will probably show n lowered con
dltlon at time of hirtest "
t hlcago cash prices were firmer The
country offerings wen? moderate. Outside
markets were strong country sales wete
light. Shorts covered freely There was
nlso a good deal of lmsln for a rise, and
l.lterpool declined '.d nnd Buenos Ayres
'. Hut the tone in American markets
was distinctly firm on the light slocks and
reports of crop damage, to say nothing of
the sympathy with the rise in wheat.
Oats advanced with other grain. Com
mission houses were good buyers. The re.
celpts were small The cash sales were
liberal nt nn ndvani-e of ',i to 'ic. 'I ho
country offerings were only moderate
Shorts bought freely Armour was cim-
sldered tlx largest buyer, taking December
and May t hlcago received ;;o cars and
expects ;oo to-day
Wheat on the spot was firmer: closing
prices f ii. b. atloat for export, rail basis.
No 3 red to arrlte. llo.V:. No 1 Northern
spring, H. No. 3 hard winter, Jini.No. i
northern Manitoba, in'.c Sales were
JMi.isn) bushels for export ( orn was
Irregular; No 2 white, nominal. Oats were
stronger; standards, j;ic . No 3 white, nom
inal. Hye-Quoted No 3. use. c I f Buffalo,
October shipment, car lots. Stat", I'ennsyl
vanla, nominal c. I. f. New Vork-. Barley
Malting, Mi-70 c. c I. f Buffalo, to arrive.
Trices were as follows.
Orel- High Jvt- Clo- Prev
bg. est et Ing CIoe.
ev. Kn't i". pin, ii.
ict'i H.:.
4. I'tlces were as fol-
Executor
'Trustee
Chartered 1839
The Farmers' loan and Trust Company,
Nos. 16, 18, 20 & 22 William Street
Branoh Office, 475 Fifth Avenue,
New York.
Travelers' Lotters of Credit. Foreign Exohange,
Administrator Guardian
Wheat:
December
MM
CIIICAUO, Oct.
lows :
Open High Uiw To pre
Wheat Ir.g e-l co pc t'lne.
Deccmhcr us ic lie, 112 is
Mil Ut M' l'i MS Id'i
("ori
tiei ember. : .V, MI, Mi, at,
May .12'.-: A2 .12 Mi J Ml,
Jllll M' M :, JS M'a
lint.
October 31 1,
Dei ember 32 :I2 .I:'-, 32
Itav 311, 311; 3i, s,t 1(l
July 131, sit, ait, sis sjt
( OTMKIt MAI. KITS.
Opea- High Low Clo fret
Vhet Inc. el rt log Cliee
Special Citcu.ar on
CALIFORNIA PETROLEUM CORPORATION
COMMpN STOCK
LISTKD ON NEW YORK STOCK EXCHANGE
Mailed on 'Request
MILLER & COMPANY
Mtmhtti iS'eu l'cr$ Slok Excianfe
29 BROADWAY NEW YORK
Tni.KriioNK anao hkctor
GOSSIP OF WALL STREET.
Look Wny rrmn Wnll street
It Is a cmloiis clrcumstiitice. that
week the mot tiiijnus sieculnlion has lieen
In orliir the account of Vienna and (lenoa.
tiiarkets which ale seldom cun.iidrcd a
ol much conseiiuence hnre. but which, The present heavy tunvemont of funds
neterthele.s, il.s ,.el, bate had an Itn-, to New Orleans by transfer through the
I matter 'I ho weather has alieady cleared
lib In the West and the money U now turn
ing back again, One large bank yesterday
1 reported the wlth'lrawal by a Western
I, , Institution of Ji,.Vio,r.iil lent 011 nil In this
way.
I
Money C.iiIiik to en Drlrnna.
poituiit inritieme on n1erle.111 securi
ties. Vienna is the market close. t to the
Balkans and mo-t Interested in the secu
rities of the Balkan Mutes and of Turkey.
'I ho bonds of Tuikey, ert, lliili'arla
and other countries ol southeastern I'limpe
ate as popular mediums of mii illation as,
ite the fatoiite rills and industrials heie.
Sub-Treasury Is materially assisted by the
fact that the (iovernment bus temporarily
lifted the express charge of T." cents per
ll.oon on funds transferred through the
Treusury system to that point. This policy
Is often resorted to by the Treasury either
to help the motement of the crops or lo
offset an accumulation of funds In the
and mam- of them ote suinect to much . .Nub-Treasury at anv particular point
wider fliu Millions than any or the specu- , The result s that the charge of transferring
latlte bunds in this market I terf rumor funds Is confined to TS cents for the ist
of trouble In t'l" Balkans- and such rumors of the telegram. The present motement
are plentiful Is the signal lor bear raids j Is limited to S2,ooO,iiOO. or whl'.'h 1,.V,(K0
on the securities or these) counti les, of the baa ulrendy been sent,
collapse of long 111 utits and of extreme
caution on the part or the banks I his week' THE PHILADELPHIA MARKET,
the Balkan tmuble. hit the Vienna market 1
all the more grievously because they
Mluneap'llF Der
nay.
Duluth Dec
May.
Murl Dec
Winnipeg crt.
ToleJo
Kn. City
St. Louis
risx.
Duluth
Winnipeg
O.it
Winnipeg Cloter
Toledo
forn
Kiin city
t. ljiult
Dec
Dec
Mav
D'C
Mai ,
Oct-Oct..
Vi
(13' 1
r.i
..'
M
no;,
113' (
V.i,
M,
1X1', 167
151
t'l'.
f.T,
fit,
w.
ps-i,
HI' I
s7S
H31,
1
HI'.
Ml',
I'll,
M
Mil,
Ml,
MS
M'l
T'l
I'J
Vti,
vt
lll'l HM'.i 111', UK' I
11", us',' iu, in', 1
7, nm, s;, KVi
IMS M'S MS fS
13 till; 111 111).
us ms t;s ms
ISA
113
Oct.. 37',
Oct. I1KS-7S ItV,
IMS IMS 1T
IM 1M 1.11
3TS 3A 37',
1170 1170 1102',
Dee
Dec
S
41',
4"S
Mi
Wl'j
411,
The grain movement was ns follows:
Wheat Corn list.. Ilye. Bsrley
.233,011) 3.(m J.) 1,010
.3 15.0 VI 92,000
.inooio .iM.rnn 47l).ono 22.000 101.000
is.ru
New York
Hecrlptb ...
fihlpmenls
Chicago:
llei clntv
r.xporp.. 24S.OOO 257,000 .'Aloiiii n.ooii
The Northwestern wheat lecclpts were
as follows"
round
market I ir Turkish securities depre-ei
hy the war between 'lurkey nod It.ilv. mid
the Vlnna market accordingly broke wide
open. The result was henv oHenngs or
securities In Borlln, which Austrian specu
lators rely upon next to their own markets,
and then a deep break In the Ilorllti market,
accompanied by heavy sales or securities
ill London and finally heavy sales by Lon
don in this market That a Sertlan or
.MonteiiegriT or Bulgarian bond could hate
anv effect on th ptlee of ruch shares as
(ireat Northern, Canadian I'aclhc or other
wi'erlcan rails had never before been ap
ptcclnted. The pecularnii Genoese.
It Is an eten further cry to (lenoa than to
Minna, and it is proluhl that not half ui
do, en sieculators In Wall Street eter
heard' that an uproar In (letioa's mar-1
ket could lit' anv conceivable contingency I
carrv as far as New 1 ork It bus seldom, 1
If eter. lieen considered in fact that tieima
Is on the map 01 stock speculation How
ever, the denoese market Is the most I til '.
portant in Italy and thedenocse speculators '
nre as intrepid and t entiue-omn as any
others In the world 'I hey plunge more
daringly than do traders In London or Ne.v
-ilk and deal In all sorts of securities never
heard of heie of countries and companies
around the Mediterranean and insouth
eastern Kurore
Panic In fiennene Mnrkrt.
Naturally enough Turkish securities
hate not been in faior In Italy in recent
mouths, bu the mere fait that Turkey has
been at war with Italy hasdlrectisl atten
tion to the Balkans and speculation in
Balkan securities bas been furious, priies
of these advancing because or Turkey's
plight In the war with Italy. Wherefore
when there came out almost simultaneously
this week reports of an Impending war
between the Balkan States and Turkey
and of anlipproath to pi-ace between Turkey
nnd Italy the (lenoei-e market went all
to pieies. The Genoese, market rnnld not
aborb all the offerings and was obliged to
ask help in Vienna, thus Increasing the 1
burden as well a the length of the ihain
from the llilkans'to this city.
Pint. tnn.MIIA. Oct. 4. Cambria Hteel
was the outstanding feature In an act he
stock market here to-day, closing with a
net gain of f-i at .12 after transactions of
more than l.l.uoo shares Fractional lns.es
were general In the remainder or the list
In sympathy with the weakness at New
York. Bonus w ere unlet. 'I he summary
Open- lllfti- lxi- 1 los
ing. et. e.t, ing
Ye.ter-
dav.
301
3S1
SI
697
l.a.i
Week
.171
401
173
an
Ijl.t
Year
dividend declarations.
Duluth
Minneapolis
Chicago.
Winnipeg
Among the buyers of wheat were f'anby,
llellman, (leahart. Harris, Wlnthrop A, Co ,
Armour drain Company, Kldstnn, Knight A
McDougal, Ware A Inland and Slaughter.
Logan A- Ilryan, Ijimson iV Co sold.
Oats were bought by George Seaterns,
Armour drain Company and Bunch Com
mission houses sold.
Wheat, including flour, exports from the
I'nlted States and Canada for the yeek
ended Oeiohor a, as reported by telegraph
to llnirtttrrn': aggregate 4,nti,n3n bushels,
against S.sio.nru! bushnls last week and 4,1:1).
.lis. bushels this week last year. For the
fourteen weeks ending October .1 exports
are 4!,i:t7,1S'i bushels, against 40,321.6.11
bushel In tho corresponding period la'sl
year, t orn exports for the week are js,.',7
bushels, against 1 1 9,111 3 bushela hist week
and l.r..ooj bushels in mil 'or the four
teen weeks ending October .1 corn export
are l,n's,iio.'l bushels, against 8,lin,l bush
els last yeir
B, W. Snow sent the following- esterday
I drove twenty miles south of Minneapolis,
where thero is a considerable coin acreaire.
(Ally about 25 per cent, of the fields exam
Ined wero hard or denied, when frost killed
everything. I'lfty per cant, ranges I Him
fair to soil and i hafry and fully 2.1 per cent
is still In full milk stagn and could be used
for roasting ears The yield heavy In
ears but a considerable percentage will rot
befoio It can be used and fully half the
crops examined win he sort.
Minneapolis wired: Cash market strong
Keen demand for lop grades. One Northern
blue stem I to 11 over December Bulk
going at top premium. Velvet chaff one
cent under Decemlier
Hour sales moderate. Only one mill
reporting goon iiusiueas.
Flour tvus (Inn and fairly active. Spring
Clears, new, f..ViftMfl.V patents, n.s.v,
l.v.'iv Kansas straights, $4. Hon 14.41, je
nour, ii.sraiiiiii,
fnr.y nnd Trm Hiork Ami
Hki ftiigar,
"" . . com li
I. '"iiiiSIII!!,!
"' 'imirtcrly . j
' tViilWsr liru
r' iiuarlrlv , J , .,
s..r v "
An
V
. -s.i 1 .till
Vr.n.V' J.'".'rUr !' . . m I
ss:S''-..'::r"'!,.r r
I'aya
Nov,
Not,
Oct.
Nov,
Oct.
Oct.
Oct.
bis.
II
1
1
1
11
31
31
SUB-TREASURY STATEMENT.
13.140,000
3,34,000
THt'llflOAV.
raM hy ftub'Treusurv to lisnka
,rl'l hy banks to Hub-Treasury.
(lain to banks on day's trans
actions . ... ... 13711,000
HINR FRIDAY I.A8T.
raid hy Bub-Treasury to hanks .tl7.sOI.ooo
I'sld by bsnks to Hub-Treniury . , , 21, 233,000
Lots tn banks
Los to hanks nmi period pre
iliitis yrek
16,437,0(10
,3!S,C00
lllirti-
Sales. Ing. et.
so Am ran. 44 44
in Am ( of .v J. 101 103
20 Am Milling.. 2S 3S
210 Am Itvs 44 44
son Am Hmelt. M' "S
1S42I Carr.lirla: Steel... SIS K'i
10 C A o ss!, sst,
IPO C M A Ht P.... 112', 112',
10 Cen Trac of N J. 71W 7M,
101 i:iec Mtor flat. M M
21 Krle. S71 .1JI
220 (ien Anphslt .. 21" 20',
101 (ien A.phslt pf 701, 7iH(
4H In-Co of n Am 21', 21S
4M Intertioro-VH 20ij 2ti
120 Inter-Met ct A3 hj
7 Ksn City South Ii, 29',
4m Keystone Tel lt' US
Mt Kev.tone Tel pf 40 40
.'fl I. lite Hup. 31", XI'
sou in vat- ti ii
4.M I-h Nsv trl ct. Bit, wil
inoii t.eh Vsl S7U S7i,
140 t.eh Val Trans IM, lit,
sSI.ehVslTran.pt 3H, .11',
n Mlnehlll W .M
Vi North central 13M 12SS
3 Verih Penn. OJS 'is,
tui t'ernn Kait rr 1.10s 10s
411 Penn Steel pf ion toj
124 rerna Hit.
ron Phil Co pf
Ml Phtli i:iec
ion Phil n T ctf
20a Phil HT stock.
S4 PhllTre
rn Hy Co (ien
395 riea'tlnr
'O Tonopsh Mln.
Vfi Tenopxh Del.
20 t'n Pc.
103 1'nTrac. M
321 t" C. Imp COS
ion t' s Rubher... s
13720 I'S Steel.,.. 70S
10 Vl"rw-!ck. ins
4 W .Ter Sehorr. SIS'
120 York Ry pf 37
TIONPS
HOMO Am Oai ti r. S.. 7l
loon Inter. tte llv 4.. . atu
10m t eh Val Coal Ss 101
Phil Co con IU .. e.u
2.v Phil Else told Ss.toi
torn Son-Am 1 .. toili
2000 l'hll Wll A: nl 4s MS
44
101
2' t
41S
ss
ins
.ns
M
37 S"
2S
70t,
SIS
201J
SI
23 S
II
40
.11 W
01S
41
IOI
:'
c ,
f,s
ss
113',
1.11,
M
37S
?s
701,
21',
2!
ST.
40
3 IS
V
0.1',
71, 87 0-1
S20-IA S20-1
44 41',
211 21S
27S 27S
27S 37',
SI 1.1
a's ou
M S15-I 17S-1 S77-I
u s '4 t,
01S-IA91Vt101VlS01S.il
I74l( 1744, 1711, 174M
1.1
IS
ill
12SS
OSS
IOS
10O
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44 .
23S
27 S
27',
S.1
OS
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101
101
r.2i
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27 S
27',
SI
0'
$1,250,000
Taylor -Wharton Iron & Steel Company
First Mortgage Sinking Fund 6 Gold Bonds
" Tax Exempt In New Jertey and Pennsylvania
Authorized $2,000,000. Outstanding $1,250,000
Dated Sept. 1, 1912. Interest March and September. Due Sept. 1, 1942
Coupon Bonds In denomination of $500 and $1,000, reglatarable as to principal. CallabU at m whole or In part
on any Interest date at 105 and accrued Interest through sinking fund.
The Equitable Trust Co. ot New York, Trustee.
We summarire the important features from a letter of Mr. Knox Taylor, President
of tKe Company, copies of which may be obtained from the undersigned.
The Taylor-Wharton Company is a combination of the Taylor Iron & Steel Co. and Wm.
Wharton. Jr., A Co., Inc., which have had a successful history for more than fifty years, and
which are engaged in the manufacture of manganese steel and its products.
These' bonds are secured by an absolute First Mortgage on the entire property of the Com
pany. The net assets of the Company, according to a recent appraisal, are more than $4,800,000,
of, which about $1,500,000 are net quick assets. The quick assets afone are more than 20
in excess of the entire outstanding issue.
The combined net earnings of the" plants for the past ten years have averaged nearly five
times the interest charges on this issue of bonds. These earnings should be materially increased
by economies incident to combination and improvements.
A cumulative sinking fund will retire the entire issue before maturity.
Wm. Wharton, Jr., & Co., Inc., have paid dividends on their capital stock almost continu
ously and for the past ten years have earned an average of 19 on their average outstanding capi-,
tal stock of $958,000. The Taylor Iron & Steel Company has paid 7 on its preferred stock since
its incorporation, and varying dividends as high as 10 on its common.
The use of manganese steel in steam and street railway construction is constantly increasing
ind the field for the product of the company is rapidly expanding.
Tht aW Inhrmtrlltn ani tltlltlla art not fuaranteiJ. bit hatt bttn tllatnti from
nurcts ire Mttot to it accurate, and are the data en uhlch we purchase thete leturtttts.
THE EQUITABLE TRUST CO. WM. MORRIS IMBRIE & CO.
of New York Bankers
37 Wall Street New York 45 Broadway New York
(This aicertlsemenl tt tmerteJas a matter of record, the entire issue heilnt been sold.)
jo
THE BOSTON MARKET.
Ilosiov. Oct 4. Copper -hires ruled dull
lo-iiny, with tin- undertone easy and prlcrs
nt the lose practically lower. The zinc
Issues were attlvo and strona. Butte nd
Mipi'rlnr valued l'i points, retaining the
ureiilcr portion nt the end of the dny. Ill
the Industrials the l'lieutnitlcServlce sluires
wcrt nitlve, the .preferred lidvaiieiui! I
point, while the ommon sold off 'i. I'nlted
Krult nnd Shoe Mnrhinery were unlet
lint (Inn. Hulls were dull. The nummary.
Open- Hlih- Low- Clos
ing, m
MU
nni
M
MH
mil
MW
m5
101
D4i(
tmM
tntu
.13
an
MU
711
1n
U
it
UU
Alts
lol
OtU
101
inu
M
ffl
M's
74,
Wlf
".
37
7I(
SI',
l1
on;
inn.
inn,
09
RAILROAD EARNINGS,
The Ft I.niiln. Iron Mountain Rsttrnml r-
Hold Imports 4'nnrellrd.
The trouble In the Balkans has nlso re
dured the amount of gold encsmil for
PHssnee to New Vork and eiipected to
arrive hern lut week On .Monday New
ork bankers n'mrcd IWm.nno gold in
London and little or no opposition was made
tn the New ork bids, thouijli tho day of
the enuutfeinents iniini'dlati'ly preceded
that of the Oi tuber settlement, which il
a nun h more Important one In Kurope
than here. Hut alter tienoa beican i-ullini:
on Vienna and lonnn on I'.irls and
IWHn and Berlin and Paris on London
Interest rates advanced ahro.id and New
Vork cirnanKO nn London declined, and
bankers considered It adviwible to rcel
in London IJ.fKM.non of the .1,.Vki.ooii gold
bought there earlier In the eek. A ton
trihutini; can of the advance In stcilmir
eieliance here v.a, of i nurse, tho decline
in call money rates, which showed that the
New Vork money mm ket was amply mip
plied. The 4polier Kettlenients Abroad,
The tension In Continental markets was
tightened by the clrcuinsiaiue that the
Balkan war cloud loomed up Just when the
Continental financial centres wero prepar
itiK lor the October inti resi and dividend
disbursements In Berlin and Vienna spec
illative accounts were yreatly extended
and had tiouble enough in passing oer
the settlements without encountering hln.
dranie from eMrnneotis and unexpected
difllcultien. No war acare. lumeier In
signlllcant, cuuld lu4comi) more unpro
pliiously or these markets or under inn
illlluns mi tempting to liearlsli nirutors,
and bearish operators aliroad know liow
tu iirollt Irom a war scare, having had
more expi-rienie In thin adversely Influen
clue hentlment than have operators on this
aide.
A I, nil In the Western Oeinnnd Jor
I' ii ill.
The aomewhat unusual spectacle of New
inrlc eichange at t hlcago standing at a
premium and n rise In the discount rata
nn New orK nvchango at other Interior
cities ul this season, when the movement
oj money Is supposed to b strongly in the
rfther direction. I e.iplalued by the fact
that there has been a temporary hill In the
crop moving refiulrementa because of the
unusually wot weather ocr the agricul
tural aectloii during the last fortnight.
Western Institutions with large supplie, of
unloanable funds on their hinds Bent
thani back In Wall Street for a abort "turn
in the call money market. 'I Ids movement
was of co'ir" Iiomh I in be a temporary
ports for Aufuit
tlro.s earnlnri. .
Oper. eipnprs. .
Net famines..
Outtlde op., def .
Total nst ....
Taxrn
Opsr. Inrnm .
Other Income . .
Total Income .
Dffluctlonn
Purplua
From July It
rirosa earnlnti. ..
Opsr. expenpea. .
Nfl oper. rev..
Outdde op., Jf. .
im:.
il.ilD.1tr. Inc.
:.0S.74l Inc.
H74.S41 Tne.
MJ4 Inc.
Chantrs.
114.95:
la.0 7nc.
90,75 Inc.
in7.r.5i
4.CS7
lltl!.r.17
9,030
STTT.41 1 Inc.
:o,iu rc.
I171.n7
i.::
I7S7.754 Inc
!,7l Inc.
U'.,Ri;
::,i;
li:i,00S Inc. I133.0H)
S,7(I,S1 Inr
4.0H.O7.1 Inc.
455.MO
l,7:.r.54 inc.
lo.doo Inc.
I53,7C7
4. lit
Total
Taxes .
nt rv.
.11,761,854 Inc.
HI. 590 Inc.
SSI.nSt
18, OHO
Oper. Income.
Otlur Income . . .
Total Incoma.
Deductions
ll,t?M4 Inc
40.D3T I).c
31. 719
ll,"tll.!M Inc.
l.liC.JlV Inr
1444. .ItO
4O.30D
Surplus
1(44,011
l:4.!7! Inc.
nK.S'VKn and nm urtAvnr.
Tli" Dmvsr and Illo (irande Rsllroail
Company report for Auauatt
. ifli nnanrs,
I3,:ir.,459 Inc :7 J7J
i.::,ii.i( inc us, a
Total oper,
Opar. exp.
rav. . .
A tax.
Oper. Incomt . .
Othf r Income
Total Income . .
l'lxeil ch'irgce and
rentals
Nat Income..'...
Menawal fund.
Ilrf. mtic sinking
fund
Hurplua
rrom Jiuy i:
Total npar. rev. . .
Optr, expa. tax.
Opar. Income..
oiher incomt
Total Income...
Fixed charge and
rental
Net Incomt
rtenesal fund..,,
lief, intra, alnklni
fund
ISHi.r.Jfi Dec.
71, .139 Oec
141,11
700
l34,043 tier.
H4.114 Inc.
Kl.ilS
10,503
111J.1HII Pec,
10,000
10,000 Inc
J7J.3H
10,000
.( Dec.
I4.:7a.ti Inc,
S.:n.54J inc.
M9.311
tioit.m
:t7,324
11,037,035 nee.
170,019 nc.
1110.411
33
11,507,054 Dec.
!.0!0,:7 Inc.
1110.461
19,1711
(I.I17 Dec.
:o.ooo
lo.ooo inc.
1110,339
10.000
(Surplut
1144, I7 D.c,
ILLINOIS CENTHAL.
The llllnola Central Railroad Company re
porta ror auiusi, . imz. i nan
Total revenue .. . 4,5pj.:.J7 inr
Total expa. tax. 4,fl,ii Inc.
1140,339
aes.
Ml,17
.:.f. 74
l:.t Dec. 1257. 02
M.785
u:.ooi
Net earnlnta
Vrom .rulv ll
Total revenue I0,J,I13J Inc.
Total eip. ii tax. 1,144.1:9 Inc.
Net revenue.. ' ll,r.3t,401 Dee,
oil eai pkikk a4jt fitifn
'The Cli'efuptake and Ohlu Llnra report for
Aiiauaii
Total opar,
ieti,:n
Total oper.
rev.
expa
Net opar. rev.
From July ll
Total oper. rev
Total oper. rxpa.
11,141,419 I tie, 1111,014
14.014,171 Tne.
1,903,019 Inc.
1119,661
:i,94i
Sale.
S.I Atlienturr.
HO Alitumah.
60 Allnurz..
517 Amnlc Copper
(17.1 Ainrrlt an Ztnc
471 Anaconila .
lal Arizona Com'l.
MJ IliKton A Cbrbtn
3lii riutte & Mil.
707.1 Unite ft Sup
1 1.171 lluttr & Sup rt.
:ki Cal Arizona..
is Cal ft llecla
SI), Chlnn
33,1 Copper lunge..
5 Ilaly Wet
4.'.7; Past nunc.
li.il 1'ranklln.
350 cirniix.
74 (iranby .
"tin (ircene Cananra.
Sin Hancock
1141 ln'ilinn
M Inspiration
7in Lie Hnyale..
7S Kerr Ijke
trc l-ske
in La Salle
M Mn-on Vale
inn Mavflnwer
im Miami
no MohnM k..
7.11 Xevaln Cons,
'n North lluttr..
lot North Lake
fo OH Colony Mln
101 1)11 DnmlDlon.
I O.ceola
Mn Pond Creek
1.1 Oulnry
701 Itiy Con.
joo Santa Fe
.11.1 Shannon
!in Shatturk .
.1 St Marys Land..
40 superior.
fiO Tamarack. .
tin Trlnltv
Mn Tuolumne.
71 I' fl Smelter. .
.1.1 I' S Smelters pf
trio t'tah Apex
1 V i t'tah Con.
In lltah Copper
ton victoria
pn Winona .
A5 Wolverine .
7
.1
in.1
l'i
7'i
3.
41 (
1. .11
KM
tn
44i
. Sl
. 4
m
lH
. 10l
:7
I0S
3Rt
:?
35
a
13
13'
l
(IS
5?7,
.14
S'l
V
4
11.1'j
2. H1
SSI.
:i'i
s'
11
?
. 5.1
4Mf
47
5
3 1-1
M
. Sl'l
-' .
MS
'
73
7
k
34i
471,
4H
1
4
50
1 U
M,
Mil
444
60',
- 4
im
a
A
111,
27
"'1
IOI)
sot;
35(
1!
SS
:sw
.14
ai
list,
Jit,
MB
IV i
SH
11'
SO
5.1
in
sis
IS
1?'
M1
:t.
7
In
S
3
47
01
47
4H
at,
si,
4
1.40
am
41'4
tVIl,
4
mi
et.
3
47
91S
3C
47
SS
41(
111
81!,'
fA)
4JS
sat,
4
I5U
71.
4 15-1lt15-14
sat 5BI
imj lOtl
sat 5 :'
i.iii
IDS
3.11,'
SS
34
a
12
12
20'
4I7S
ii s
3.V
S',
V
Mi;
ins
2T,
sss
22 S
3 '4
14
n
5.1
41
47
5
3
401,"
St
12
71
13S
101
3.1'.
2S
3,,
13
1J'4?
2'i
7',
21S
3H,
aii,-
ho
22 S
IS'
13',
29
55
41
47
5
31-11
49!l
31
1
13
ftll
saJ
71
THE CINCINNATI, HAMILTON Ml
DATTON RAILWAY COMPANY.
CinNEftAL MOBTOAOi: BONDS.
Notice la hereby given to holdcra of the
bondsofTheClnrlnnatl. Hamilton ft Dayton Rail
way Company latued under lit General ilortpare
dated July let. 1900. to the Central Trust Com-
fiany of New York, that the net earnings and
ncome of said Hallway Company's system for
the fiscal year endlnr June 30th, 1012. ascer
tained and determined as set forth In aald Gen
eral Mortgage, do not sufflretopay any additional
Interest on said bonds represented by the coupon,
due Nnvemberlst, 1012, dependenton said Income.
The Cincinnati, Hamilton Dayton llallnay
Co. By F. U. CAUTt'.H.
Secrets ry.
MISCELLANEOUS MARKETS.
Coffee Hall and Knaler Brailllan
Marketn Qnlet nnd Irreitalnr
Hnrre and llatnharg Illuher.
UAlLnOAI) STOCKS.
, Coffee declined somewhat on light trad
ing. Some Santos crop reports are to the
effect that conditions are becoming worse
from day to day, that the weather Is un
favorable, with the added Information
that It Is "likely to continue so," Also that
"It looks like a general disaster." The
answer to this was a decline here. But
Santas advanced 100 rels. Klo remained
for some reason stationary. Hamburg
made only a slight advance. Havre was
stronger than Hamburg. The world's
markets showed no disposition as a rule
to make nn emphatic response to bullish
talk about the crop. The warehouse de
liveries for four days. Including 4,.'.oo at
San Francisco, are 50,(103 bags, ngalnst tm.W.i
for the same time last week and 111,122
I last yeur. The receipts at Klo and Santos
on the other hand were only 6!),ono. against
ins ,tn,ono a year ago and sa.oou In linn. The
JjPi stock at Illo and Santos Is s.uM.noo bags,
or .Lin.ono more than n year ago. No new
features of striking Interest were developed.
Alarmist crop reports seem lo be received
with a grain of salt. Certainly the specula
tion Is light and prices made no marked
advance, actually ending lower yesterday.
Coffee'on the spot was quiet' Rio No. 7.
14!c, Futures closed barely steady and
4 to 8 points lower. Sales were 57,500 bags
Havre closed ! to ' frc. higher. Hamburg
closed unchanged to pfg. higher Illo
was unchanged; receipts were ll.noo bags,
against 14.000 last year; stocks, aa.l.oon bags,
against 3l,ooo last year "Santos was ion
Chicago, BiriiigtM S Qaiicj LLC.
IOWA DIVISION BONDS '
As provided In the Tru,t liortrage of tba Cbl-
cage, Burlington ft Qulney Railroad Company, t
dated October 1, 1870, the sum of $332,483.59 baa
been set apart for the purchase and cancellation
for Sinking Fund purposes of Bonds secured under
the said mortgage, at the lowest price, not to
exceed par and accrued Interest for Four per
cent. Bonds or IOS per cent, and accrued In
terest for Five per cent. Bonds.
Sealed proposals to -sell said Bonds, endorsed
"Proposals Of V.. B. Q. Iowa Division
Bonds," will be received by the undersigned at
the office ot the said Company, No. 704 Scars
Building, Boston, Mass., until Thursday. October
17. 1013, at 12 o'clock U when the bid, will be
opened and the accepted bids declared.
Interest on accepted Bonds will ceaee October
19, 1913. KDYtAItD B. O'CONNOR,
Cashier.
Boston. Oct. 1, 1912.
DIVIDENDS AND INTEREST.
American Malt Corporation..
I It Kxrhanae Flare. Jeriey Cltr. N. J. ',!
ii
4rt Atchison ... lint, nnr, no?, lini , -.,....'..' nM... ..,
AAiBiny.Ji: ri: 212 212 i"."..!....-.,
1ln.tnn
11 Boston Kiev 122' j 122
7 no.ton ; i.osfii ;m ;m
;i,llotnn ft Maine. mi an
22 Motion ft Maine pflS7S IS7'
M Maine Central. IM 1JB
in Ma.. Flee ?o fn
20 Mass Klec pf Mpd 7a 71S
inn N Y N H ft II 13!)' i 13?S
in Wot F.nd St Bit pf ni nS
MISCKLLANKOCS.
122W
mi 4
137',
12ft
20
79
13U
m
MIS .IDS
tnri'J inns
M'j ao'I
l'i 4S
1" 20T
1271, 121
123 123' t
14IS 1"
Ml, Sll',
S2 M
ST.' tU
171, 12'j
14 14
:7 :7tii
ss, la.il,'
04 041;
fa
tr', ir,7
1.11 111
IMS lr.sS
4S 4S
ir.7'.; C7)J
ISA 1SH
Mil .'l I
All SO' ,
HA ll
BONKS.
Minor) Am Tel ft Tel 4. Ri", 8i,
lmn Atrhl.on t.. B7tj ti7
20H) , (1 ft W I M. S2S K!l
ll) C 11 ft t )t Ik ll, n.iU
inm Cent Vrr lit 4,. d1, Wi
nm uui tias is.. t; , 7
sono Wet Tel A Tel Ss. PTHf 'tw',
lull Wr.t Ller Con Ss. inn', ion',
I'l.'lll) BTOCK3, CU)SIN(i IMIICMS
Bid
131 Am Agr Chem..
2 Am Agr Chem pf
5.1 Am IMano nf
ltl Am Pneu Svc
1772 Am Pneu Sc pf
W) Am Hnar
2S Am Sugar pf.
pn Am T ft T
1.14 Am Wool pf.
a Arcoskeag,
. 52 A (! 4 W I.
' 2.1 A C. A W I Pf.
lim I'ast Boston Iind
2to 1 nifon
2171 IMI.on rights
20 Oca I'lce
20 lias, tias .
Ill .Math I'm. pf.
21 McKt'.nln pf
122 V I' Tel .
,vi Pullman
;n Iterrr I'nldlng
4.1 S'llfl
4.10 rnltel I'rult
22.1 Cnlleil I'rult
tsi t'S steel
PO 17 H Ste:l pf
5AI,'
inn'
so
'i
ins
1271?
1224j
141
AS,
82
279
M
S34
ni
B-iS
leal (
IM',
IMS
1 1171,
1"
M
''1
1
7'(
SJS
P5S
IX)',
P7
ool-
ino'J
Bay state (ia,,.
not'cs'la
Biikton I'.ly
Cactus . ..
Calneras
Chief Cons
Cons Arlrona
I)il-Ilaly
I'lrst National
lioldfleid Cons
I,a Hose Ciiiih.
Metc Copper. .
New llalllc.
One-o
Ohio Copper
HiiM'n .
Ilhuilr iKland Coal
South Uk . .
20
31,
u
122
Ml
IMS
137',
12
:o
78
PS
5a1
inn','
so
l'i
ro"i
12S
12J','
MIS
AM,'
S2
S'li
t:1,
11
27
PS
IMIi
IM'(
IS
HI
I.U'v
IMS
K7S
lf
.a
7',
IIS
!'l
II' 4,
eas
nss
tm'j
07
im'i
til)',
Asked
2'i
IS
ll
Prices were
2S
i, I 11 is
55 nn
3 2 I in
1 I 7 11
3 2i
.1, ; u is
41
l'i
t 11-11
27
ll
7
II
2W
!'
t'l
211
11
71,
THE MONTREAL MARKET.
Bank nf Montreal
Brariuan Traction
Canadian Cement
iianadlan Cement pf
Canadian Cnn Ituhlier
Canadian Ltvnmoilve
Crown Hrierre
Detroit United Railway
Dominion Sieel Corp
linmlnlon 'lexiltr
Illinois fraction pf
Laurrntlie Company
Mexican L 4 P
Montreal J. ft ft P
Nova Scotia steel ft Coal ,
Sueoec Hallway. Ltghi a Power.,
lekfilru Oalino Nt Oo
Hln ae Janeiro l.lttll A J'owar,..,
rao Paulo ,
steel Co of Canada
Toronto Hallway
Winnipeg direct itv
Bid. Aaked
..247
. ess
.. 21 1
. WIV
..as
. ss
..Ml
l'41i,
30S
W
sT
3IN
71
S41,
7 i'i
911
2J7
91
714,
ii., S4i
. ... H
Ml
2.11
Ul
M17 240
, nm,
J'l JOS
in') hm;
.... in
17J
... . 30' j
. .. ltd,
. 327
27S
Ititl
FINANCIAL NOTES.
I'rancK (leoree Burke Itoche has berntna
Identified with the firm nf 'IIiiisit Mitchell,
4:1 Kxchntige plate. slieclallsiH In hank anil
trust intniny seciirltl.es.
Newlnirger, Worms Xewinan will
oiien .New Vorli olllcea In the Hroatl Kx-rhangi-
Building, :m 1 1 road si reel, on .Novein
bvr I lor 11 general future brokerage hunt
nest in New Vork, New Orleans and Liverpool,
January..
rcbruary..
March.. .
April
May.
July.
Aucust.
September
October.
November
December
Sales.
son
sou
17.501)
250
H. 250
4. mo
250
3.0(10
I. 250
2511
Low
est. 14.01
14 12
11.13
14 20
11 13
11 20
14.20
14 11
13 97
11 05
14.04
Closing.
14. 0011, M
14.01'IU 07
ll.ll.ilt 12
14 11S14 12
14 12 s 14 1.1
14 13 'i 14 14
14 I3sll.ll
14 11. 1 14 14
13 07513 01
Il.m'l4 02
II 03;? If. 01
(xxi last year; stocks, '.',6lti.ono bags.
against 2,345,000 last year. Sao Patilo
receipts were SI, nno bags, against "H.Cmio
last year. Jundlahy receipts were 47,noo
bags, against 7s,(xx) last year
as follows:
High
est, it 09
It 12
14 IS
14.20
14 20
14 20
14,20
14 IS
14 00
14 0.1
14 11
I'r.ovisioNS lard wss firm; prime West
em, 913: refined Continent, fii.-.'S. I'ork
was firm; mess, $17. .vh Jin. Beef was quiet;
packet. Iin..vni$30. Butter Orentnry
extras. 31i:il!H'.: firsts, '.'aVjajaujc. Choose
State, whole milk, now white specials,
I7TI7,'p-: colored. 17',l7Kc. Kggs
l-'resh gathered extras, .ilfiaic; firsts.
:s:iuo. Chlrugo, Oct. 4 "Trade broad
and there was further buying by commis
sion houses, outsiders showing decided
Interest In market. Selling most Is
realizing hy longs." Prices were as follows:
High- Low- Clos- Prev.
et. est. log. cim..
11 47S It, .114 fl 47S It 12',
II Wi 11.0.1 11.221, 11 llH-I
11,1.1 III 11 lll.iil., 'II. Ml
Mav. 10.10 111 as
lllhil
October
Jasiiary
Ma-v
Colli:
friober 11 n i
January . i.nsi-.-s m .17s u,02S is.nu tn.o'u
May 18 74 19 021, IS 70 ID 031, 11 70
KniAii. -Haw was easier: ntrlfiiunl ,oc)
test, 4.14c; musioviidos, Ml test, 3. etc ,
rc lined was (inlet, Krauiilutrd, l.ii.'.di.'c.
N.w u. Ktmii-h. Si, lilt;) of tiirs)ntlne,
t'.'i:. t'oinmon to good strained rosin, ;(i.r,.,.
The Hoard nf Director, tin.e declared a SeinW .
Annual dividend of 2S per rent, upon lb Pre 1
ferred Stock of the coirpanv. payable on and attar (
the 2d day of Novenihcr. 1012. to stockholders of i(
rcroru at tne close of tne transfer Doom on tna
seventccntn aav 01 nctonrr. 113.
HK.VHV lUiUUBKING. Treasurer.
September 23, 1012.
AMKRK'AN ni'.KT MI'OAR COMPANY.
COMMON STOCK DIVIDEND NO. FIVK.
33 Nassau Street. New Vork, Oct. Ith. 1012.
A Hccular Ouarterly Dividend (No. 61, of One
and One-nuarter Per cent. tlH). nn the Com j
mon stock of this Company, has been declared. I
payable on November IMh. 1012. to Common
Mocsnoiaera or rrcorn at tne close ot Dullness
lCtODcr 311. 1IU2
Cheques Hill hs mailed.
JOHN K. TUCKER. Treasurer.
'il
OFFICE OF TDK VNITED OAS IM.
provement tympany, rv. w. corner Broad anj
Arch Sts. Philadelphia, Sept. 11. 1013.
The Directors have this day declared a 'iuar-j
terly dividend of two per cent, (ll O) per iharcu
payable Oct. IS, 1013, to stockholders of rooorf
at tho close of business Sept. 30, 1913. Checka
nlll be m.lled.
LEWIS LILLir. Treaaurer.
1IKNRY R, WORTIIINOTON, INC.
MS Broadway. New York City. Oct. 4. 1913. J
A regular scinl-innual dividend of Three and l
one-half per cent, nn the Preferred Stock of Henry 0
It Wnrthlnatnn, Inc., will he paid November 1st 11'
stockholders of record at the close of business on ' 'I
October lOih. j
A. W. Ki:.NWOHTnV. Treasurer. j
ELECTIONS AND MEETINGS.
AMERICAN LOCOMOTIVE COMPANY
30 Church St.. New York, Sent. 31, 1013. 9
NOTICH IS 111:111:11V (ilVKN that the annual S
meeting ot the stockholders of AMU HICAN LOCO - "
MOTl VI". COMPANY will be held at the office of 2
the Company at 30 Church Street, New York t-ity, 3
on Tutday. the I3ih day ot October, 1013. atS
uiclvc o'clock noon, for tho purpose of electing if
four Directors for the term of three years, and for o
the transaction ot such other brelnese as mayaa
properly come before the meeting.
The noils will remain onen from 12:15 n'rloclf-
untll I:IS o'clock In the afternoon of aald iHI". 'I
1 11c i mcK iranstrr nooss ni tne 1 omnany win no
clo,ed from the 31st day of September. 1013. at
twelve o'clock noon, until the 31st day of October,
1012, at ten o'rlock In the forenoon.
C, B. DP.NNV. Secretary-.
OUTSIDE OIL STOCKS.
Open-
I-ard: Ine.
October 11.1214
t'eceinher.M t'S
January m st,
tO.a-5
10 73
10 11
10 tn
in fo in to
10 13S-5 in 2S
0 07', in 07''
in an tn 71 In n
in.tjs m Ji in if,
0 07', 10.071, 0.05
THE CHICAGO MARKET.
C'HUAtiO, Oct 4. Whlln the tone of Ills
market was enmcwhat reactionary tlure
was nn urgent selling in any tiuarter. I'nlon
Carbide was very strong early, but Inat nil
the advance 011 the offering of small lots
Srtlft ,t Company, Chicago Pneumatic
Tool and American Cnn were under inodct
ate pressure, Diamond Match nnd Hears
Itoebuck utted well. The liond market
nan active and firm. The nimmary
Open- High- li
ing. cm.
I4, 40,
Former Standard Oil Subsidiaries.
Standard Oil Issues continued heavy
yestiiiday, liquidation appeurlnsT In nearly""''
the entire list. The cause or. the recent
! selling whs explained when It "'as atatedf
' that 1111 unusually Ihtkc number of lutrr
uf subsidiaries en bine had been sold by
I holder who wished tu participate In tlv
I hull market of the Stock Kxchange. TN.
! bellliiK of the Individual Issues by dealera
1 who bought the Huhsldlarles en bloc fcl-'J
j low-f d and hence the extensive decline
Many stocks msy now be ohtHlned at fiorn;
I 20 to 300 points concession from recent
high pi Ices mid K"d Investment btiyln?
ill mil cted stocks was In evidence ulonir
I Willi Hie helling above noted. Ktimd'ttd
nf California declined to 137, Ktandiitd of
lvaiisaH to 400, Ohio (Ml to 124, Priilil
Oil nnd Uas to 295, etc. Atlantic ltetln!nf""
i was Him nt C0 tu 570 and i-it,iiid t1d nf
inuiiiiia mine 11 new nign leconi nt
The IMpe Line Issues were In fair d-'iuiiint,
few pi Ice rhajiges occurrliig. Nearly nU
of the latter ure pa) lug iittiitutive dlvlj
dtnds and offerings seem to be irsil'l
absoihed lu cunseqiience, dolus pilceiu
follow: '
121
SOS
SI',
-),
4
130
10HI,
Oil,
I2I,
73
Sales.
on Am Can .
itf Am Can pf
tin Booth r'lsh pf
SS Chl Pneu Tool .
to Chl Hy, series 3
10 Chl H)e series I
VO Commcnw I d
IM Diamond Match,,
111) Hart Sail pf..
125 Int llarvcler.
41) ill llrlck..
13 Public Service Df..lon
10') Peoples tin 117',
is smaller uais :uo
IIS Mears-lloehuck. 314
so sears-tuicu nr.. izai
luit,
IW
an
BONUS.
I',
SSU
III!
10 11 1
Itl Swift ft Co
.is tinlnn Carbide
43s v a atee 1 ,
1:1
M'i
3S
4
UU',
ICS',
Mil,
1511
73
11X1
II7
a Id',
e.t
4Hl
121 il
1.11
.Ml,
139
insi,
es'J
i24;
73
inu
1171
;ilin,
314'; 313',
l.'J' , 13
IAOJ in-
siiT) Chl By 1st Ss
ilium i ni uy sa -o
r luti) ChlTeleplicne &s.
il Cuilal-y W.
7u) comw Kdlson 58..
Iiini Uet gold Is....
7(U) Mutual ruelSs...
lom Pen (las ie( as..,
looU
l
1071,
111s
W(
tlUT,
All,
ll
I (MS
1031
su;
mi
ioiu
123',
uui
10s
Clos
Inr 43),
13 J'l
h
31
33 1 1
ir.oti
IIHlJ
us 1,
1205
73
mi
lllll
:umj
213S
123 j
107 1 1
117', 107 S
0SH IHHj
7(, 7S
ool
s.Vi
mi
mil,
KU(
ao(
101 1
001,
SSI,
101
Kill,
l(Ut
anil
101
mit
Yesleid.M .
Pin. 1kni
Anglo-American ' n Ltd !', I.
Atlantic Ite Anltl cr Cn 5
Borne-Srrvin.fr Co 2'"
llilil evc Pipe Linn 'n IM
Clie.ehrourti MfgCnCus 111
Cnlonl.il Oil Co. . IM
Continental till Co. S21
Crescent Pipe Line Co ev.1
Cumberland Pipe LC ne si
llureks Pipe I Ine Co. 401
t. alens Signal OH Co id 1SH
t;alen.iSlct'slOII('o. . ,231
Indiana nre Lin fn III
National Trin.lt Co. . 41
New 1 ork Transit Co 110
.Norlhern Pipe Line Co, .1 11
Ohio Oil to. 131
Prairie Oil A (Us Co. , 230
solar pruning Co . ASn
Southern Pipe Line Co.. 201
South Penn Oil Co ,xtt
SnW e.t Pa Pipe Unci,. 177
Stand Ollot California. 140
siantt till of Indiana, ,3't
Stand Oil of Kansas. . On
Stanil Oil nf Kentucky l.'5
SUnd Oil nf Nebraska .HO
Stand Oil of New Jrriey.403
aunti uu or new 1 nrs
Stand Oil of Ohio.
Swan A r'lnrn Co
Unlnn Tank Line s n.
Vacuum Oil Co .
Washington (IllCn.
W aters-l'lerce Cn.
MiihilrilarlMs Ien bloc).
t) 111 FIUCK IC'l DIOCI
531
2.11
2I
an
IV)
'. 34
Inn
S5I)
l(KO
f7U
3J.1
IPO
775
IIS
171
M
SS
410
III
341
111
IS
370
US
I3
301
750
HOD
SIS
13
M
a 0
490
47
IIS
4M
S4S
2S)
324
S4
ISS
2
imo
im
ion
Pid
31
fi
;n
1 as
72 1
HO
S.V)
rs
fn
in
141
S
11.1
411
rti
I2S
215
rAl
20S
am
111
I4j
SIS
4M
4tn
2U5
IPS
MS
sens
3in
so
ISO
2S
IMO
10JO
l-t'rsil.y,-
A le I,
tt
f71
.In
In .
Hi
I 'I I
li
4lfl 7
i; oil
it!
41
315
t.M
l7
on
170
5 ..
l l.l
IM II!
110 v
3 It .
fni T
SI. J
4IW
;ro '
3 m '
SI ,
Itl ol,
.VI
lino
S71 H4
CI 1
Ol
I
11
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