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Conser\ative Investment SECURITIES To yield 4 ,, to b", ? I ? I l\?.M\M I *?*.*. KIMM1 ??? i raiga, _ til R-..-..I-,?? New \nrk < It v_ ? WTKI? ion Hi...... k A M ?I?-.??. '?XI ? ?in l<> A liai?? ? ?? HM? t enit.il ? ?H- \n>erl?an Telegraph I' Mull, I , I.,..? I'd! "?< rr.Mlii.er. Oil ton ?.?frl? I nr Healing A I Igt.Une FREDERIC H, HATCH & CO. New ?i ..rk Mrtalnn N Rroail ??t M? ? ont??.? ??I . ?--? . ? rk A R?->*'r"A. Henry Clews & Go. n\NKi M ii ?- ?- ? on,Art rrr MFMIIIR?. N v ?.T'?< K IXrHVNGt ?M,?, k? Bond? ? --a ?e-ms I'.-inkiiis A?, mint? -hect !,?!.inpe? LETTERS OF CREDIT ???i' eve? _ MACK AY & CO. R.NM H Short Term Investments ?ii.nlar vnl on \p|,lic?tlon. ??..II ?.?reel New ? ork. P.NANCIAL MEETINGS. ? ?mm? Mannlat-tiiring ? o '? ?WS ? H. on T ? ? - - ? ' -- MONEY AND EXCHANGE. - - ? ? ? ? - - ?. ?' . * for ; ? - - - ? : r ? ' I ? - I - - : - : . ; ? bal :eign financial. ? ' - - ? ? a ? ? - - ? ? ? ? ? OUTSIDE SECURITIES I . ? ? ' ' ? f-a - :?*?? INDUSTc I . . MINING. I 1.1 ? BONDS. ? txooo ? n I . -?: - *. 47 MS - r> Desk) k ulule : . ' si m thai >n w hi? h ? ? ; ? I ESS l,_ , i Desk Chairs Tables ? Wood und el i Cdbinr's Stee Film ; Sectional BooV (dsei -4t*>. Steel CabinH Safes ^Qhht?yXrrikUGoe Brcadrra? ,,., nhtte N ?? t ' - ' r. PROMINENT STOCKS AS A ROLE CLOSE AT LOWER PRICES NEW YORK STOCK EXCHANGE SALES-MONDAY OCTOBER If, 1911. ??? ? ? - n ? ? ? ? * ? ?? - ? a Mi ly? Fll ?ri "am - \ . .t n M ,1 M ios vT t ? ' Ami. _. . I I I'.'iin.ir? I '? Ari" . Amerli an !__> . . ..? ..-???.. i ? -? . -.i ? - . \ i - ? - , SIS ?' - :?"_ ' . ? _ i . ? ? ;,i si sos ?'?"'* ? ?* . ? . ? - ? ? ... . ? . . \; : - ?? ....ltlm. .. . " ehem Ste. ?S ?* ' ? - H-il.l.-h'-ni St? ? - is. ? ?: ' - . hino t'oppei ? ? .? i . a i ? . ios lo; . a North**? | - Coin as 2is - ? :? - . . ? ? -? IS ?? . I ?? ? I I ?. I ? ? ', Distilling - tlei ? ? . _ - . . ... . . ;i*?'4 M . ? It ....... ? . . . I ? S ? ? ?. ?? ? ? I I'M ' 111* ? _ ? - ' ? I ?? ? ? ? ?? : . ' - ? B ? ? ft ? \ ? m Salsa ' iofiine HL Uew Fini Bid A?k . i ? i . .... 6*?. ?iV-? ?S ???'_ ??<> "n &S "?'?? ??''* ? '""a ?"?'?'' .? |> ' II I- iv 4?',, . ? . ? "\ !" IOC KM , ICSS M I -.'< : S \ ? liais '?"*?'? : fiPa .:?"? *>", *>". ? ? Il U5Slt?S'll*SillW-l 31 *l TA 21 .TO?, MS 43S ?S ?IS US ?S '?S ' . _ _ irs - ? " ? " -1" "? % 95S '?' . " . '?' i . _ I'.'? i" . ? . 17 -, ITS . _ I - - M ... Mn Ksi ?\ M i.. Ka i*- A -?, Misaourl Pacifl > '??* Na- a ' ill ?. .. _,) pi ? ??? for! ' 'entra Sen 1 a West ? entern ? s N'"r;ii American -i Northern Pacific ? ? ai .;i Ftailroad las * Cok? i ?4 ?P.. C. C ? 8. L, ? ?. ISS '"'-.? I*1? '* I*? Pltti ? ? >??;.. 1_? S' *-?? S !'?? sa*?d ?*'??? ? a S ? 14 .i us l*S un* ?-*-. ias irs ias : - Reading ?at pr 91 ? " '?- 92 . Heading _d pi ? - :.' ' ?- - ? ? . - ? ron ?ft Steel pr ? ? ? m *:??. H'irk Inlai'l. H I.i.'ii? A- S. F V 71 ZI B .-??.. ruis I B F 3d pr 42S (_?? I2S '- i ' Bt. Lout* __ I ? ? ".-??? . -, ?outh*m Paridi ?.-.'? -rn Hailwrir _?..-. ???-.- ; ?", ???? 71 Si ? Hilling pr T>'\:i- Co a t Tennesa. ? sr. 3fi: a d Ti road. ? '. astern . -? pr T-anslt. lOdS IfldS : ? ? . ? Una A- I'n; ? I "."?.".' ? n 1 l ' . il?2S '<""?. W2S ?? : 'g iii a ... i;a ?.?? -,??_ -,-_ ., ? ? . InvMtn ? ?'. ' \ BS MS "-". Iron P. et F MM I p. pr' 44 ??.*.? ..... , . '. g. 1 at pr. ex d 3%. ? --.?-,?,??.'.?? - - . ?.?.?.-.??. ? ? ? \ - ? . MS .- . .. . . , '. Bh or ... I . VX ? ? ??_-?: . " . - ' - I ' ?. - Iffg M * " ? ?' | lu uisfotivin ? entrs_*.l'_ '?'S '-'?'-- ?"-'?:_ ?" 2 as a i i . ? . , i. 42'; 42 - _4?-_ _t\ ? ?s SIS -i as ?'_ it ? BANK STOCKS ON STOCK EXCHANGE I I ..., . | ' ? ? , - . r mpered ail - - " ? shar- - ia.Qn.l<_E I for lil Demand for Loan Accommoda? tion Continues Inactive. . . ? - ? . - - BtOClJ ? _ ' ' "' ? ? ? thf? pu 1.1. PT ? - tleally noal nt. while it la i pern ? ting mar) ? ? ? - " Expert n moi ' ? ? ? I - ? - - - - - - ? - ? ?.,?" MO ?:. ' B 8 . .. t tent n ... tun of 1911 a ? . OS} 1(1 ? . relai -..-, mai m re . ? York I .??h ? to the k ? ? ? ?? ? ? V 1 _', . I H I , D fr-.rti tl?, S ? ' ' '? ra -a-, COLLATERAL TRUST NOTES. i ? '.o ?va l-.llr HI ? , Mai inl I ? . 4 H" . urn 4 ? H ?k " ? ?' ?.!?., , - 4\< :? r ? i '.' D A H. eqla. * i . Denver Ottl( 4 OH , :,:,\ ,, ,,, - ? - - ? ? : UK) ?I ?II? ?'?'.','?:?: ?,? . . 1 1 . ? ', ?e. |,i I M K -> i '.....;,. I ' .,???> S 1 ? . p .'? p c. ? 1* ? : C?ele i- |f??| . , : . ??? - loi", \oo , . !?V| !?l| . ? - ? 1 Heat H * 1 . ?SU 101?. BOND MARKET SALES. - - ? ?Ml ..... ? . - 4 . I ' ?tete - . . - ' ? ? *. ? ?- 1 00 M ? * . - . -* ' " v '?A . '- ? ' ' .ion?? . . :: i ? ' ?OS* ? . - . - - _ - . , ? IIL ?? - ? - ? ? - - i I - - ... - ? - ? ? ? _ ? ? ? <? ? ? - ?? 4 ? . ? ? ? -? . *a ? . ? . * ' ? !'?. . ??QUO 11,;.-", In Or. ? ?" aeaa ? - ? ... 1000 .. . . I.NHi la * ' ? - ' . .... ' - in?' ? ? ? ' ? . .-,.:.? | I.IJ1. ' .... I - ? |.u ?000 ,|. 7 1 10000 ? -- rnn 1". ? ^ M MM ?one - ? . ?? faaat i?toon ? ;,-c 103 . .--?mi - OF "? 3000 lai . nan i B :,-? looo <U??. '? '?'? ?.!-?, lion? ?!? i?. 7?. .??? .'.? ??. <* ? .-II! Kef I ? t l... ... - - . limn ? . - l|i?.? do soon i. 1 ??? ? In ? V 1'?/"?, 4 He? 01 .?14? 4? - '. ivy, o . -. ' I ? r. INACTIVE STOCKS. as e? and thi? rloylng quctatlf-ns for ate kl la t>.?*-_. orar? r\r, tra?- feeter I N't* Vr.rk at. -" !_aat . ; ? ft ? . ? - ? ??a -?' at 8 * . _ ,- .? ... 4. . ? ?f uni ? r? <~lo?lni -. ' - ir/> ".13 ? .? n ._? . 104 It! i -? " TO 41 ?' .... m Mining ?ai ., .- | put? ion IT* ? ? - Pitt? pf. 121 ? - ? - . e ' ? -.. - ;. '.' | ' 147 - .?. North\?e?t<" B ?-?'?' . - ** M - ? |-?'' M 4 ?burl - -. ? - r '? I ' ? - IT - - '? - _ ? t? ? -? - - - . - ? - . ? ? i ' _? I i a . ? ? ? ?: IM ***. * IT ? ? ? l.v. ? i ? - IM '? n - . ?. - .. y ?? ' . Une? . - - ? - I - ? - - ? * ? * ? * - .... ? - - i -..,_. .., I . ? _ . _ '. - ? ? RI a ?usar - j ? . ? " . ? . - I* S I et ? ' - ? > ???. ? - I - - ' - 14*1. - ? ? . ? - ? ?.*. 107 ? ? ST ? ? '. II -? BANK STOCKS .'..Vi etna 1 1 Coal A l N Char? 44?' ni N . IS? IS -. Es. _*?? -?? IM.*. 4I1O la . ^ts E ? ?* HI ?er - A ike.! IM |N* .? , ? Il ? ? I II' 'I IM ? ' 14?. 4?* -?o _4? 150 :?? ?-.O ?. 1 a i?n 1 MI .'-. IT1 44" lag ? ? ag IW ITS ?? 4"'. at*. y? ?at '. Trad -*?, . Manh.v Mki a Metr"' \t- ? ' 1- ant? ? Vlurtii 2!n Bid 148 " an m is* IM ? I Mutual Nal N? Nal R< ? ? m Ne? N"?. id :in ! n 1*1 ! S \ . Ta. H'. Plata I Pr~l . .im. :?*n ii"ni"i HC . -.. ?tats -? ? ? ? ? - -? .'?'? n*n 1 TO |H ???, I - IM .*.:r, ? . - ? ag ???*-. ia m .?S" !"? I?'l 800 Railway Steel-Spring Company FIRST MORTGAGL 5% GOLD BONDS (Inter-Ocean Plant) Principal payable October 1. 1931 Interest payable April ! and October 1 Coupon Bonds of $1,000 denomination, with privilege of registration a pal. Amount Authorized and Issued $3,500,000 Redeemable at the option of the Company upon any interest date at ?05 and accrued interest. STANDARD TRUST COMPANY OF NF.W YORK. TRUSTE!, - a tter from Mr. F Y Rtspatrtel Prtart of the Rallara -'? Spring . bonds art a dire I obligation of thi :' Steel-Spring mpai -?pecificall) secured bj a firsl mortjzpg en on the real estate and ? acquired from the Inter-Ocean 5i P*ny. TOTAL BONDED DEBT t t: ng thil i/hile tiie Balance She il, I'^Jk shown Assel $35,000,000, exclusive of the Inter-Ocean Plant, sino i SINKING FUND ->f $125,000 annually begins to rede? of thi?? issue in lr,U. net liquid assets 0f the Company on December 31, I - S475?O.OOO NET earnings ' . Cotfipan; for the year ng 1 nber 31 v ere >1 'r- ver FIVE TIMES 'he total inl present issue. This is exclu?iv< n earnings from the ? Plant, which, it is estimated, will add $500,000 to $601 OOtothi ; ? I annual earning capacity, We offer the above bonds at 97 and accrued interest, and recommend them for ?nveatnieut, Continental & Commercial Trust & Savings Bank, Harvey Fisk & Sons, 129 South Clark Street. 62 Cedar Street, -go, 111. " Jackson & Curtis, ?3 Exchange Place, N". Y. C p Congress St., 1 CONSOLIDATED EXCHANGE M nd short rame - ' v.\ Th" opening il ' ftrn ? -? la? ? r- .nK'.n? ! ? bul era nt the eel g tenting eath .?-? nn<\ raeea lierai ??it i-?n?f at ' the - ? ? __? inad* - ? ?. | c n as BUlfl ioftne*a ???.?_. .? ? . '.. - ' 01 .- -:?.-. El **loor ?entlment rontinu? rovemenl throughoul ? ra .? ? .. -> ? ? . ? ment ge ?ral Hat un . fol- ' STOCKS. r Un , . . . ." pr?t 10 . I s'-' > . - "_ ? K is?,. ... Bee- lugsr '? . a*S - . - . ir * Fitly MS 1-e 17% ; -- - K ri? , ?vu-, ? i r a g F 40 V?a ? \ P7', .... ? ? ? .?..?? - ? ee t "> . '?? . - ' ? ? _ ? . ' ? Er*? ? MS I 21 I ' ? .- klier. 1*14 :>? t_ - - - ?? - - . ? '" . AT . ?? .. - i ? 170 N* 1 '?? ira ? toas (hem P? ? pi* ? dee '?'" . ' - - ? ?" ? . ? - 44*. . . - . ? * - ' '. ' - ? ? - MINING. '. 13P ? XA WS 141 - * - 17% 122S . ? ? ? ? i>*_ ? ' . ' ? - ?--. ? - 22! . 3 - - . M ? i ? ?'? '? I ? ? 1 ? ??' - S ? - ? . ? I ?? . > - si ? - . - . to*% -.' - T" . ' ' . _:? i . ????-, IMS IMS I4T , - II '. '. - W7S - . _? . . '. I I? " . " ? ? ? J.H, ? ? -*? M ? u eai ? Nt ? P.?. . ? in a in ? M ? . 1 '?', ? - ' - _ ? ? 1-1 Ifl ? - NEW >DRK CITY BONDS ' itre't i ?l . Wan '. *, 1017 . . ?4 ?4 -, - *4? " ?.. '? -.. >i ....... MS ... ' '. ? ? ? . I - --. 1.114.. - i a ? . ?? . ?.% ? Aak.d ? - - . _ . 1? i> I? l? H ?i 1lat U!>S M M tes ? ? i - WIM.M*. ?! MHHKMtlK. *?ti.Mi.?neer <a:. STOCKS AND BONDS Bv ADRIAN H. MILLER 4 SON Wednesday, October iHth. IQll I . ? ? - -.KK IR! . ng? Bank -... M ' ? '.. . - ? . ? | ?npai tee " ... *? i '!?? ?? ? !aaa I' ? ? - - ?' *ERN. 1 . ?? . - .Iln.ni D.OUU , i ? ? '?' -? ?? - ? , . ,_.. .... _ ... . ..... -' ' * I - - ' ? ? ? ' v ? ?..... ? - . . ''??? I ' 1*11 : %. y i . i- ? - ... Pennsylvan?a Company \%% Gold lui of m Maturing November i, im Mice of Ge'ti?icatss Drawn for Paymeit fioieitibsr 1st, 1911 ? ?mb-T 1. - ? ? IHM - - ??" ? I ft ? ? .. ..... g/t - wmtnt - ib ?- L ' ? ? ? - ? ? m* h tflw. t** t pr?t ? - ? - ? ? ? 191 ? ' I 4? I ? ' SI ?> . ? ? ? ? ? 7 0 7 ? ?84 ' ' ' ' ? ? ? ? i.m: I.C51 ? - ? " : ' ? i i ? ? - ? ? i ? .,,? ? ? ? i ? ? 4 not ? I ? ? l - - - : ? ' ? I ? I ? - ? ?*, 1 ? I ? ' ? r> - - ? ' ? ? ? ? ? ? ? ? ? - ? - - ? - ? - ? ? . t : - ? ?s , ? ? t ? -- ? ? I - - ? - ' - - ' ? ? ' ' - ' ? ' ' ? ? I ' ? ' ? - - ? ? - ? - ? ? " ? ? ? ? - - - ? ? ' ? - - - ? ' * ? - - ? ? ' ? ? ' ? ? - - s ? GIRARD 1 Kl SI COMPANY, Truatee, , I. RHOAJ)S J-egiiil^ ! Union Trust Co. of New York ? .... . . Capital & Surplus. $8,900,000 Allows Int-fre-st on Deprvt? H. M. BYLLLSBY ?* v r SC..NLERS rXAMlNA?:ONSA%0RFf'0STJ MJft SOITH I ASALLf ^TUC? CH?CAGO r . .... et? as?an