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The Tax Exemption of Invegtment Bonds V?der the BrBBBBt NafJ /f?* Btate Tax Laa tovaatgaBBt lond. of e.eiy dooarlptioa " ?<'1 ?* ready BBompt may ba aBemptod fo^er from lo.nl perOOnal JjBBj tion b] tbi latyiaanl to tbe Btatt ,uthorltloo< i ' ' ?????? cent of their face valae. i? ordor to aaoure the baneflta of thli tav - " *?**" "?. gaata of H?w Yor* Clty n.ust 2m ? 'r aaoi.?** ?*??* toafore Octobar flrat, 191B. j ..,?-. , to on tax exi mpUoa of BB - Guaranty Trust Company of New York 28 Naaaau Street Capital and Surplu. $23,000,000 Drpo.it. - - - 176,000,000 Wagner, Dickerson & Co. i l.ni k- < hloago Komrd of Trade. CRDERB BXKC1 TB5D Ir all BMrkAU, AM onr> Uyt dwartnient. DB8IRABLB INTOBTaawa*** A BpaoiaJ Clrcular on Corp^ratlon RiBRnfGI * P1VIUKNP rBRRVBCTB rnalie* on loqneat. CarraiBoodeoea li Rrtted tl Broad Bt., Nevt Vork. H. M. Byllesby & Co. Inrorporated ENCINEERS Ctic.agp. loauranca Ex. Bldg New Totk. Trlnity B'.rtr T?urchaaa. Unancw. I'or.struct and Operate RaoU^Liint! Oa. Btreet Rallway and Wattr fower Propertlea Examlnationa and Tteporva OtniOjr fcacurttlea Bought and BS B. THEBACHE REVIEW 'OKIEVT? THlfl WEEK. Anabaia of Fr?? 5aoAOraat Incree.ad Veluae and AeMrUy *f Bu.masa. wlth Bagorance toj rhay Are Raai Indleatlona of *"'?;'!. ,, \'oney~Are TVaatern Banka Able to < are t? th. CroP.?-Som. Buggtet ona ln Oood Bonda?Will tha Markat Go Hlgner? Coplaa fre* on agplteatlen. J. $. Biche & Co., 42 Broad*ay, New York Mambtm New Tork Btook Raehaaga CO. rOR SAJUEi r.00 Ameriian Coal to ;.?0 BaktH'k A wu<''ji^ 100 ledera! Ctllltle. Pfd. 100 Nortbero Mat<-? rowarCjm. 100 Republic R'way A IJgbt IM ?oo waaiara rower (om. PRBDERIw H. HAIUI & New Vork Bo?too Litimmuifu. Drait 1a by HllNi.HAM BVbWBoTMCBJ B CO.. -??? vciv 'iora btock Exchange, ili Braadway. New Tork CRe OIVIDEND NOTICES. lill IM? K1SG A vn ' V l.\ll\N*YfO. !,lj?r ljtn, 1?1 I ? earnfkgi Ing i i . l ? >t i ?\n I i:\ni 184 0 XM> BAN .lo\QI IN * MI I \ H\?1U \> CO. I ? . . MPANV Piral Uort u?.g? ? ? ? . K m. . aki - ? ? ? : -:- 5w Naaaau Btreet Nen Torb Clty, or atthe - ? of Ita nnanilai agincy. thi fi.ion Tnist ???npar.v. ??, Franelieo callfi 5T k. cooper, Aaabrtaat Traaannr, llll'l !?IO!J BAO ANT> PAl'fcR CO i; Ba"' ' '? T Beptember 4, 1!>W IR1-EBLT DIVIDBND. A dtvid.ad of 1"o on the pi?/*rr. ',.' T'r? t al?a H?s fnd Paper Ceapany !.a? ?h'a da? been de^lared, payatle Octobar lBth, D23 to i- ? kl Idara of racord at t,.a i ????' J baaJBcat on fc-i,t..rnber 80th. tttl rni itoek tr>.!.?:?.-? bcoka ?ill r.r.: he e jAMi'.a r. Bt ?H, BaereMxy. rm ? ii HIBOX, TOFEBA l>l>aA2ITA ii RAILWAt (OMPANV , ouP'n No M. dje Ortob?i 1, 1911 ' The At?hlaoo. T..pel.a aod fefci,ta Te Rail?a.v *omp?:.y OBNBRAL MORTQAOB FOT n ^ER CENT BONDb wll! be peld on and aftar that date, upun prea?ntatl<,n at the ?<Bea of the Cotrpat.y. No. * N-.siau ,~tre^t, Vaw Tork Hty C K. COQPt'H, An-t. .reaa. INA0TIVE 8T00K8. Tna foilowing were tha closlng quota Uona for fctocka in wldch there.were no trantactione yeaterday oa tha New Toik Stock Exchanee: Bld-AeX^^. Adarna Fxp.J?7 100 K ?. D M r/? AlbA Su. 1*0 - K Co EI Ia pf i? * baaTa w.ian ltiVjjKiti-k c? pf. m \ lla-Chal .- >h Kreaga pf....l01 oo pref..-. I 1* Ua Oas ....llM* aa: 8 6 pf MH t*5* L K & W... UV4 f^- - ?r?..- tri<i^ d" pref.'?? 05 |L?jte l?r.ora..4W 1021* Ixkik I^lard 44 M L W Blo pf.lMHj t.d.Aaked M 181 104 l g f * y ?-? Arn Coal... TO \tn C O pf W 4m C Pro.. M <? p:?l."l!?V| USV4 Mackay Coa. 8T'? 10! U Igj ??i 1.4 ? t> T?l.. IS A H g; L. Pf K Vm Coc pf 1?; ia; 8 pf ? E \tr. 6nff pf tOl \m 8 R pf I* Am Tei A A T pf new. 1CHA? 1'<V4 aa Wooi... R fj 4o pr?f.... Wi4 fl Knn Arb?r. 1$ ?' co pref. ?? M ?'?> n??et. Re?. JM i.? /.?. M U1..197 1M CO *3.- 1* ?.isoc Otl... - W Patopllaa ? '<W ''j B'.lvn t Q 145 1?: !. R & !'.. 1)8 116 aa !?-'? ? Jfa IIV Pf.. ?J C of N J I ? i pf.MB ? : i ???? ? t ? 1 < 1 |tf 14' ? ? ? | | I I I' I ? - : IMN A B..4J1J r. r ^4 Ddt* A. ; &o pref...- >' ? ;>a Pont p* r, a r n pf - CbtUi.lM) do praf....lO?> Ct?n Mcrt pf. W ?) w H pf. n: icld B S T.UI ?Jraoby .? IHorae Min.. W Ttav El Rl do pref ?? t','4 TT Vfcl cttt - ':i c i, ' jUlnelB C .ng-Raiid .. lOi . Mab Coal ...700 " IC^O iMan VVach.. .-? I Man Blav. ? Wl*? I?J .May I^ep bt. H KH do pref. ,Mk?, Ont . 'MBtPaBBMpf 1MH 1M do L l>. M f? Jlor & E?...1T0 171 Nash A- Ch..lO N E FAC rf ?"1 NRP. of M lp ? NTCABtL 1L.102<4 do M t. N ^ L-ock... 1? do pief. 1'. T I. * W.1 I 1. M C mo u: M l Bt By.. f-a H6 In t/ m*' pf ITVi 140 fNorf & V, Pf r 1.7 ,.V U II liT M 40 jpabat B M j Ta.- O.ast... *>?'? , do lat pref. to BB do 2d j.ref. Bj n ii t pi.M . > iert Marq... - ? 1S9 *? i : I ci> pref. lat Agrtoult 4 BO praf.... w?rj t.nt Har pf.lW ?.? Pap pf.. 11% lon '"*..' U ? 11 ??: N ? ? III IN m IM M : It do pn I iPeo & Kaet. 1S , Phelua r/odge.;l!f.h :pi , *sti. rf H4 117 ? t ? rx \\ * < c pf .loi ,'4 .; KJ.HTAi 1.-0 i B Baa.Bai C Ry sti ?t' rf i?H '?' R-ad lat pf ?>. ?' B A i > . i I r^er.H A Bai Hui >: R : ? bBilOM P R ??" do v.r<-f Btaad Mi . ' - | fMUA-SI ,io lat p T f. II." ?j ,<. !? K- V. l.">4 ? IAw pf 3> *?> ? Kap Ir 10fc?* I*' III l> M ? ? I III '.'',? i.i'i Typaa '?"'?% 1':. i'lk*r pf.lOi p !.*.l>re?s. *J ? 8 f r li.d Al I'lRIX. 1?A I do |:l f t It -d ,f B* 1S1H Vulcau l??t.. 11 - I do pief. K - I Va Ry A P.. 41 ' to praf. ?.'^ A W-FaigO Ex-'? IM WaattaAii pf.iiu '1 v.>)-nian B..BB U ' do pref.. li . ratral. I7H IM III i B IS7" Heavy Trading-Hkjher Prices Call Money Causes Reaction. Ti.-- paramounl feal ri ?' s \ m of tha Btock Bx bangi waa rr.om | tl ? ful mlen" to tka atoi k tradei di I , no! eathiblt Itaalf untU neer th cloaing I *>f the day'a opermtlona. To tlioao wko | kepl watch f thi dai' pro seedlngi ln tha money markal tka advanoa In 11 | money araa nol unexpected, but I tha cate Bhould reach 7 per cent waa Bomethins ol a Burprtee. 'I"''.- tan liigh rooord waa on Baptamber 11, whoa ? aii money waa Quoted nt 5Va por cent. The openlng ot tho aaarkol \-<>'>rday vas attendod >vith money al 5 per cent and lo a general wajr brokara rcotod on the hope that they had comparattvely Uttla to worry about Car tho ttnao betng, so far as a gharp advanco ln ratag was coscornod. The demands on the New |york bartka frorn intcrior biatttutlooB tauscd heavy currenoy ramlttan^oa. Igjad large payittdalta WOta tnade to tha I Bnb-Traaaury for Weatern oank ac eounta. Tha nowa of the day ba tha [world of trmde and eocnmerco aa i v - optlmlatle, the roporta from tho steel and lron trcrte. ghowlng xreutcr aotlvity nnd largOT ordera, Wltk In ereaatng ratog, Th* openlng of the mnrket dloplayed an lnciination of otocka, partjcntarly the mdufitrlaly. lo aall hbjber, und for t>.. first hour thi Hj bwuaa oarrtod the market op Among the cbppera, Amal gamate.1 advanced r-harply and I'tah Copper aoared to the Mgboet rolnt ln ?ta hlatory. Amojrteaii Smeiting was partleoJarly actrva, and Xationai i^ad booama atrong ?nd reached a blghor levei. Tho InduatrfcUa and coppara ab gorbod tha urtnter part of tradlng ln taraat duting tha flral hour, though Unlon Paolflc and Bouthern Pa i were raaponatvo to the report of ln ereaead not earnings ln Ang.ist. rtr.d gold hlglier. During the day, untfl the inte tracing, thero waa totennittently both atrength and activity ir. moal >?' tha llft t*nd ln the movetaaOBt whlch hegan ln the eaiiy gfternooil tho rapM | rlaa reflected a buUlak q .nt whlch ua? very vlgorous. The ueual rumore of ? tha day were ln clrcalailon and found favorablt reeeptlona among t> e tt;. ? nnd trokers, who dOTOUTod them eugerh. It WU r.a'.ur;.! that BOma ex aggeratio: i al I ha i aptod with the good nawa, as lha reported favorabla raJlroad earnlngi wera ? ' ntly oncouraglng to warrant an aiferTeaoenca of Bpeeulatlon< i by Bjogoa Increaaed dtvldend annoon a ments ln other bjauea. The aften traaaaettonfl on l ia boyk ?? i an led l>y tho atandard i tli id atoct 'i contlnued to ahow ga cbecked bjr the aud Ii ? - ? : call money rate to 7 pet i ent The volumo of to. for the day ahowed that the inarl at ? rday wan broad-r and a n tattva thaa kaa beon rc g tlme Tho advfu ? ta to 7 par eent J'j<-< of tha market of ci :.,i ItqutdatJon, n i I f t taklng and al ni i t. ;.art. H waa to ba that the market would havo a i ??<? after a rino bo pronouni ed aa 11 . , || ,. trii ?? lh? BtabUlty I . ? ? ....... tha maln only fra^tionai decUnea, ' Ho ad . .... 2 polnta " ei a re rord'-d. HANDY F.EFERENCE. \jrM> of leadlnr. actite etoel.* kaaafl on tka paaoeal wiiina ptleaa nnd fl?ed (iM'd'ii.l rntra: djaafegaaaaOoi iopp*r ,.... 4 4i Au.erl. an I aa nreterrm . 4.*'J Ameriiuu Bmeltlna rommec 4.4* ?.mrrlmn smeltina preferrnl H.*.'. Ami-riran lelrgrnph and lelrphonr Mfl I anadl?n I'nriflc .?'^?'',,, < aaaaaaMaOafl o?* .4.o^ lireal N'^tlieni preferred.4.P4 Illlnola lentral .5?? I^hiKh \aller .*'9 lx>ulaTllle l NaahrHle.4.5P New Vork I eolral.*?*" .Sorthern rnrlil?i . . .6.1! IVnnnvlvunU pullrrad. i.W Readlaa .*47 I nlon Pay-lfle ?oinmon.6.73 l nlted f-tatea bteel comiuoa.a.?:? MONEY AND EXCHANOB. TIIK hfOlfglT MAKKKT CoU nione; ln aotlva demand. Jtaten opened, l r i ! , cent; l.lghe't, 7 per cent; cloclng, b% per cent. Time money wa* firm and an (ncreaai ln demand. Rat?-s: ':. ? for fixty and nlnety daya, I per cent fo.- iour monaba, l\i pat ? ai flve montha nnd ''?';'?'?. per cent foi ^lx montba Idercantfia papar v.aa Bnn nnd qul< ' Ratea; 6 i"-r canl foi Blxl ' to nlnetj <iavf,' ir,r-,err>?d bllla arnl cboica four to bIb niontha hiriKle namea, and [Of oihers. FOREION EXCHANOB).?Forelga ex rhaiiKo wn.a dull nnd eaay in tone, '^', quotatlona: P?niand aterllng, ? ? cables, < W -hort franri, ty** loaa i-^'t; ^llort relch ma ks, N'-a leas 1-64 at 9i%, and edxty da) bllla. 4 ?^. 'i/4.?'-To 1 0 IB8TIC KM'HANOK.-Poalon. pari t:>iarw.-ton. par, *? 'ling 1>10 pei canl :?' I'lileaeo. par; Kaw Orieaw com merclal Tflc Olacount. honl. ll p^mlutn. Ban Frand o, ulghi Bc, telegraph T1^; Bavannah. I-H per ernt. f.-iiihk par: Bt. lx)ii)., imt bld, ?>.? dlacount a*ked BILtVKR MAHKKI I'.Ht MIvm ?a? nrm al tfl%d. unchanged. MEXICAN EjXCHANOE Maxicaa e? on New Yorh waa quot>-4l at Iflatai Liichanged. lT.~Tha L'nltad Btataa Kub-Treaaury waa a credltoi at tba Clear ng [foi ..? day to the ?at? nt ??! is BANK ? LEARINOB Ni a Y* rk, ? ?\202, l alane .- $16,11 ? |27 .08,804, i alanm IMttsburgh, exchangei 110,245,277 . ichangaa H.O0O.4J2, balaj Iphi i, exel ' - ? | baluncca J."C:."/'. ? ? NEW YORK CITY BONDS. nrarnlaned aa If. >" (oi?r .fw. tc, .\\ g Oadai atreet.) (A.crutil li.Uie.n lo ba add?d ) i A..; ?414, Ha ii.10C''* v'"'< opt. 'W.ir*.'--, ioo'^ ??. ? ??mher. lM..-.lOii', IBMI .. nibei 10M .l?'-? |at rvT.iaw i ? i:<n.ma ia: *4te, May. i!''.-.f'1* M .? ' I. . v-i ?4a. M.O. W???:~;-:il. . tvz it . in, ai r, i:oo....-. vi ? t . \X*-'K. U , JJ'",: May, 1S-4. MW ?''{ ? XS4. 1M.-'H.-. *? 1*5 ?ju N.....rnUr. 1M1. 8?'/| 84 W ? ?i^ vaJioiia maturltl?a 1BCS-1914. 4 'M'(H.:0 baall ??"oupona tnterchansaable. tl>s!-t*red. tCOa |R< .-? ? r, : and cojpo* Y [ Wednesday. Sept. 2fc-T?UI sales for tho day. 807.731 ihare.. OBfBparBd vvith 1,687,449 ehares for the corresponding day in 1911. Total sales January 1 to Soptembor 25, induBive, 95,191,728 Bhapga. com pared vvith 88,938,123 shares in tho 88 me poriod in 1911. SlTra S>t Dlv. aold. clme rate. - .... - \ ?V.; P? - '? - : ;. ? ?. ; . 1 .-10 i ??. ? I ?? : 18,015? lk ? 200 i K l . \ ? . ?. ? ? . f Rf) 4 '? ?? 100 - \ - r? .. - S 800 - 'i ' - '?a '? ?Ha ? .. . ? . 120 - 4 - i ? ? ?: I , ? ? i 1.000 ? ? ? . ? . ._ ??? ? ? - , ii L I ... I ,11 ? .... : ? ? 4rt) i |,r, . , __ ' ( .. . I ? - *4 t il4 10.000 - | -*! " "? g.100 4 S Rf * "-i 4 '1', I '?? 700 ? k. {00 i... 4IO 4 ?? i ? | - ?* - 4 , 1.900- 4 1 100 - i 100 *1'> - i \ t ? ' ?' -. ? ? ? 5,000 li ? ? ]4 ,/ I 4- H ... l.lfift 810 % I . 100 119.760 14,201 100 ??? r, ? 2 1.10 pr TAIlli-Cftialmeri lat i"l. lAllli-Chalmera pf w pd. lAmalgamati >1 11 ?ppar - [Amerlcan A^r. Chi il Amerlc m Ai?r. < hi mical pr. Amerl >an Beet Bugai Amerlcan Brake, Hii I Amerl ?? . Amt rl< an Can * "? pr . Amerl Ai.... rlcnn ' i pr.. . Ann rlcnn ritl< i pr, ? otton <?ll. Amerl I Amerlcan Hldi .t Leather. Amerlcan Ici Co . \i.i, i!. an i.,i. ? ? ?! .? an Un ? ? '1 it. 'Amerl -iin 1 .,..?:<,,.tlv? . Amerlcan R iltlng . Amerlcan Maltlng pr. Amerlcan Bi tli . lAmi rli an Bn i Itlng pr. . ?J 1 Quotatlon Range ? ? Hlgh I>->w. nn.ii H ? kj R l"l"v ? 119 ? Trantll . : r.. Amerlcan Bt< ? I I' ?? . Am< rlcan Trl. & Ti Ameri . . rol . \ni. n ri Wrl Paper i . ttchla 'ii. Top A B V A e I ... -i i.i.i. . Haldwtn i. Worka Baldwln Lo o W orki pr. IBalUmore fl Ohl . Baltlmore a Ohlo i r. Bethleln ni 8te< , Bteal IBrooklyn liopid [Brunawlck Co ? ? Butti ? Ick l'.. Canadlan Pai ? I . , >? tral Leather pi ? ? )?? luueaka A i ? . ' ? ? ? Chlcago '?t \\ Cb . Mll. I Bt. i l< hi,' IC.. l I k BI ? I m. Ildatad ?? Corn Produ l . 'orn )'i ICtl ? i ? ? ? n ? ? . ... |. i ? . ? ? ? . Krl< :.: r. w. ^ F. W tVoo worth pr. l a Smll . ?? - i . .... ..... ,;. ? rjt ? ?? . . .... . N m 1 ' ' ... ' \ i.: . ? .? I <? : 1 ? . . ? Mi j ... ? - r ? ed ' ? ?? ? . .:. ? : . Inll . ' ? I . i ? ? '? . . . . P l?>i 141*, - II ?? ? IR ??'. i"j 1?| ?. I 'r ? ? I 147 ? 1*1 ? I I ? . . ? P I .:. . J ? ' 1 r ??? hlall* Iprlni ' I i p . | ?<?? / ???-.' rtoch laland ; ' - pi . lek . I pr . r ctfa B i.? Bt. L. A P BI i. A Ban Fi Id pr.. Bt. Lo ' iten i .pj . rt Bteal ? Ii r. ? Railway . Ilway i Mlltlng ' ... poratlo . . . . rporatlon pr. ? ? ? ? : ? ? ..? . i. bb i Pa Iflc . Thlrd Arem ' Bj i. )? /> ? . ' B1 i 8 Weet . . ?? . ... . H.,^ f Papei pr. Pacil . i . ?I ' '??>?! '.. . : 1 .? . ;. ! - ??? C. I. P. fg Fo I P. g Po r I Ind AJi >h L"i , Real. A lm| I'nitcd Ktal '?? r lat pr. UmI, W pr n-te .- I . Bt- pi .j - > . - IR , 14*. M ' - ?? .- , ?. - ? i nid ?? i ra) pi. ; .,.'1 . . ? . ? . . irlc . ? , . . - 1 i pi ? i ? i i ? I ? . .4 ?' I . ? ' - '? t ?' 4 ? ? ? "4 nV, ioi?a ? . 444 - . 119 . I I ?? 4* . ? ? ? : . - ? l ? ? ??', i . ! ? ? - H 444 IR itf'i n -.r, ? K< i ? ' 41 ' i .i. 143 . N i ? [9 I ? - ni I ?. . ? ? ? ? ? - . ? ? j I I I ? ? ? BANK STOCKS ! ? . i i ? rate_ 4'< - I v l . 10.4 National Clty . ON STOCK EXCHANGE. Q loi itiori Range. ? ? , J ..-.( !'1),al ? ' teti 4i" 440 4!' n SECURITIES AT AUCTION. The followlng .? wrltJea wore aold | ?? tenia-' at anctlon al the aiehangi room'b> Adrlan U. Ruber & Bon h ordi r of sMeutan M'T *: *re> Ti . Tork, 91O0 aaeb . 18 H bl.*r?-' K< ... i. -...\.. Brewli.g Co.upaay .?oiinnon. %}'*> aaeb: i?r i yar a. i-..|!iiit .,: i baa b ir^\ an .-,, ?',..???.? Oaaraai n*i. Baak, Cartbaca, TOH 1100 ? . t.^ Bha? ? ? i/>okwood i.umtM i"oiur?n;, r? . batclile, Mlaa.. |100 ea-b. . .". 2,*, Bbara Plral Mortgag' Tnut Conipar.,. pta Antonlo, Tex . Ill'l aa h. 14 oou wu.on?in Caatral Raiiway c>)mpan/ flTBl gisneraJ mortgase 4 ptr eaat g ? ? m .ijiy. 104ft, mtaraBi .taniiair and Jul . rued Ir.-.'*?*.t lo l> rhargad. t'l', FOPEIGN GOVERNMENT AND MU NICIPAL BONDS. ? raaaa A t'erahi v.aii atiiit.' | , | ?,.. Hi I -w ? , 'v.t fii- tf M in I a?rni V ? " ' '"? 101 i U\ , ' \ '? r, 4- ?' ? ? Bavar g\ . I nM? W4? '.?,'. Sax'j K-t :? >\ .'. . ...... ? ? ? .- ..? 7'..', l-rir CO?H -',-?? . 'k ?4*1 citj ,p i:.- ?a aau mh u? a?'t aid ? ' f,J CllJ- of COl 48 i'S^i 100V LET U8 DO THE WALKING Consult the Tribuni'. Rocm end Board Regnter. IF Trading in London Irregular? Paris Market Heavy. [Bi faiil to Tba Tnbjr.e. I LogaBCOJt Sept. 25.?The lialkan BttOOv tlun ls huvlng a depressing effeot 00 the etoi'k market. Consol ara BtlU low and hiislnees ls meagre ln tha geneial Imarket A Btnall uliempt at a ro\i?,al Iaftar a Kenernl CUTyorar v,.is ar- | i. but the market Bood weakened ! again. Home raiis trted a apurt I lack of Bupporl aent prleoa baek again. | in moel caoea the contlnued Btrength ! rn ta Waii Stroet had a tevorable ti ct on AiiKiicans bere, and pticea ?:. n< rai'y Iriiprov-d, but in the afler .n New Yoik Utrned oji to be gell? Ing, und tho market araa on tho down i grad*. There waa a greoAly mcraaaad demand for money to-day in COnnoo* ition arlth the aettlement of loana and | "wlndirw flraaelng/' Demands of the banko for tha and of the qnarter .vid lovornifbt adrancea went to 2 and 'J1-* 1 ).? r cent arhtlo -'.- a ag the general rate for weekly lixtures. Uanks a ere ichargtag 4l4 per cent for Btoek Bx changa adTancea. Dhaoonnta were i bardantag oa a gradu.il decHna of float jlng I ipplfea. Two monlhs' bll's wcre lat 8%, threo monthg at Bff and fcur and gfai monthg at 3 15-10. Iiondon, Bept '-.'? Irragalarit. mai i fl tha tivn.i o* tradlng to*day In tho Lon* doa atook markat The cloatag prtees dlaplayed an aaalar tone for gtlti Bocnrltlaa. Homa ralki waro hrwer, bnt aaobi abowad Btrengtk. Tba I rount lacked aplrlt and WOB aaldant bn mtntag Bharea aad foralgn ln* ta, Axaarlcaa akaraa had a flnn cloatag, bat irero below tho Mgh q< Uona ol l ? day. 1 ho pooltlon ot tha . ? ? ?.? fl then i con Idi rable i tha n ui trend dui Ii ? n ,i generally accepted that Naw bero oi Jlii| ..r |d ?: ' ' ' ?' ' I (Ugni r Ci ? Ii adt - i ? i '.???. . '. al . '?. ? - d, nnd at Llal on n malna ? . Paria, Bept Bi iaatfmeat or. tka Boaraa anfavorablo and a he?tv> tona per* i th*i market Threa par cent rantaa, r. franoo for tba i- unt ? ga on Lfjndon, 26 fran.-s L'V, cen? aoka rata of dla 4 mt * ?t:" ooi' Bei I??; 1 bara *aa no biterei t i :. tradlnx and r.-ic?s wara hrwer ! ?j> marka I ? 'ke. '.n'., 4", pe a ' - - NEW YORK UURB. I i ? . ; ? gl ? ?et ln on i s ? ? " ? . . . ? BI ? . . ? ? I ? i, de< lm l . han half L'nlti ? ? ? dn a ? ? I Bn ? ? at the ?p< ? D ? . <i Ing ud i ... ? - at 11. t I ... ' ?, of the tl iiiy un bam I fr ? ? I ? ? Bi a Oo., Na . . rtreel i 1NDUSTRIAL. i . ?a M MININQ. > aavai. *f 1 Inttah i.:oluint-:a . '? ? v:,:lc' .^ ;^ ? . D i ooa..*. ... ?,4 Rt . la I'alv ... ? S ;*? 1A IK 4 D .ii- i > u . ..up . . ? ? ? ^-y ? .- I. I'aly ... ? liiaid n n t-? ;*j /? ; I'mo . ' ? . . - . ? If'iT . ? ? Canaaafl J* JJ . ? ?-.,.. .(on . M ..-!.. i ? ? fa ? rw a 1 -S !? ? . - ? w . ?? \ . 1 foni. . ? ? Ua .... M |? 'J ; ?; NEVADA UUOT^TIONS. v ali teraa * ?-? . i ?? ?tn.e? ' ro: oPAitfl Pa r. ? ona Jitnlna. ? ' ? -- \ I. i 1 43 1 ?? . I ??; ' ? '. i ?;? ?;] . w ?' u i ? ? ' ... ? -: ? x Korl Fl ? ' ? .-.-. ? . i . aoi di n u ttlanti i. .0 , .. I. . ... 1 ll II .... ? . . :< ? .04 ' -.fl. I, Mlues............ t. .X BJ |( :n K'udMli ..?? ?'. ,!.; I ? . I" '1 II 1 \ arnaJ .f'? .11 "? .11 rigar. c' ?'? N M Mia LLANgC ?. t ?? ?< ,, enl 1>*1 Bll> ? .2t M irg ftllvi Peak.. M M , x' i ? \... .04 .1.- i,. atlalng... M 4? ,gj ^ i '???' . II .18 1| '3 . Maobal ? " ' i "' ' i M M atiau Bla aoui... .41 '., m . Ij liUl. .1.4*14 I.7J :. . ., v . nd 1 - 1.r>8?i 1.71 l.llVi 1 tl ? GA3 AND ELECTRIC COMPANIES. New York. JTi atarOaj. Taaeeata ?rant Ln Oaa 8t.[M !0S'- joj lOBW Mutuo'. .?.?? 173 ? New *? '1 lat M.W% laMi |a|U 111:14 ?K fn Oaa lat Ba.... << l?4ti :?.. , 1041 -w-I Harriman National Bank Fifth Avenue and 44tb Slreet NEW YORK KrflSITS ? ? ? ? ? ? 510.000 000 * 55te2W? SiSSFF*** '"""'? ?" Bankinr rtours: I A. H. IBB-r. ?'?? SAFE DEPOSIT VAULTS AND STORAGE 0PEN FROM 8 A. M. T0 MIOtilGMT The irlhune bm sele.ted the fotL.w ing flfteen ralln*?<i? and IWObB BMBnAltoR Irom the. preeent leadlng IIMe.l Btaefca lor a apeelal table Of areregr.. to be pub llnhfd ea<'h da> : Al hRoBi ARaaRa I <>a?t Une. Baiti niorp A Oliio, I aoadlan ParinV. < lie** poakn A t'blo. 4 hlrago, Mllirauker * M. Paul, Chiaaga * Nortbweatern. lireat Nortbern. fllinols Central. I.ou.l?*IUe A BaabliBBi N>w Vork Central, Nortbern Pactae, Paraaytvaaba. itending, tmon Paa'BIa Average of I ifteen Kaila. Srpt. 81, l??t week'a liigh.141.4I8 gOpt. l?, laat wrek'a lrnr.188*888 Sept. ia. one veek ago.148.148 gapt. H.laLBU f*ept. 14 .M>?W, f-rpt. 88, jetterdaj'. tloee. I4a.f8l lu the !n.ii!?.trlal llat only IndustriaW Un\t BOaa lorluded. Moat other toduatrial BaR uxd for aTerage tablea are mlxrd Wttb n.inlng aad publlr ullllty Umtt. Ain.ri, an I an, Amerhan Car and Faeadfy, aaadaaa lanoaBBhVa, Amrri rau ->urar, Anvriran Tobacro. Baldwin Lauaaallie. Central I^atber. loternii IL.nal Hrtr\e?ter. National Bla-ult. Na t!.,nal lead, I nlted SUte. BhMlj l nlt'd ?tate? Rubber, *.*rnige af Twelie Indoitrlala. ?s-pt. ||, bai "eek'a hlgli. 81 ?l gapt. 18, la?l ,.eek* low.88.811 ??epl. 1? one v. rek agu.8g?844 lapt.81 .81.711 >,?.. 14 .?*??? Baa. 94 raatetdaj 'a cio?e..tii.iic BOND MARKET 8ALES. ? lag I* Maa-Oali MM hrt KB? " ;. .. Int 81 P *a... itata 4a C rfg 4a W Vt 8 4 . M; 4 - 1. ? , I79M ..o 1141 1981 -. l ? ? , . ? 3 I ? . ' - ? ' ? ? .... ?? I ? \ t . I ? ? <-x I t' ea.-.i^v ? ???.. . . .. ?; 100014 I0M do 41 r-a! ?<( I ? ? . 0 do .... v i r ? i V u k u v. ? 4 .? . . : 1000 M P ??? ' ? a.. . | iiam - 4- ? - a I *. do . ? ' . , \ - H A i < k ? l 1000 N C A ' ? : . ? i of M 44i I |? 4 ? . ? , ? 21000 N Y C deb 4 . 1009 N 1 '.' '. la ....... ? ? . ? -j . ? ??'??" |0 ba U I ? | aold 4! 140i '- ' i .... r Rwya adj . < , " .? ?? i roci lo ii ?. A P ?. I 08 S Y T< .? . , 1000 do . ?. . .. 1 i 4 .3 . . . ?-, . r a?i 5a..io?4 ?000 N II .? I 14900 ? i I I I - ? I II I looo da ? ? "??W flo ... ', ' ? '? . ? ) . 4- .'-?;. '4?? 140 / ?9 4 -. B lat I ? ta I ~ J 4000 i ? ?? \ do . tm do u * A 4000 Pee Col la, I B' 4000 P K of N J 6a CC'i ..i, gj o -?> i%l ia B A Q gen U I '? ..188 109M ... . . I9M Raad i.-*r; 4- . Npa .">v? ^o . :? -\ 19999 ao W!4j - l"n 4*. : ??. 1000 R t 4 | ?: ? lolnt 4i 1 40 , ? - do '? ? M0 lo , i c at vr 4i IWO00C M ft Bt P f.1014 < ta fu'i b a ^ ia ' ? - . ? Bt 1 I ? II ? 1 . ? :????. :-rc M... N L . 18 > g i> 1 ? i ?.???.' . i- .. fi0 i. , . 4. ? '. - ? ' ?-. IV ( I . I A I 1*000 do ii i r r ? a ? 1. 4r .< '? ? ... kv i n " ' . ?'. ?, i t. g? .. ? a i gen i ., ?< |b .i ? ?-. L' p lat 4a ??? , ?, 4 | i i . t ?? .... ? '..i ? ........ OT" ? , .?- ? -..1 ? . . " . 4- . .. ' . 1000 V 4 t: '-. tfg . . ,!? 4.. ? .- '.? .? ' : < . un .;.? . ? ??I a f i ? < -. ? i ' .... 1400ft Vg.i ?1 ' . 4 4 ? ? i '? ? ilo : i aa. U* ' ?. -?g c : 00 . . 4 ? ? ? 10000 a B ! | '. >n ?Iolor? ..j . I ? ' ' I . ? 4 1000 111 ftttol tMjS '..T ctl ctfa ... MH :?> ? a , IMMIod gtaal ^a d<. rtfg .].V> i ?t.iW> ,1o . nu ? IJ0O do .V**% "l1!^ do. "ir, 198 Ina C C>p ?i do. 3I\, ... ta ': id 109*4 1'V.^i .i. . ? ? ? !'?? loooa do .io?4 MM doCoiTetf >}n . \i)k : ?:**> do .....31 BOOu lat-Met 4Ua. Wtt] iw wf,t mi 4s ,. .???, .^K>-. U-4t Mfr ;. ? ? h -irfim) ,: , . ?:.?.. .,? I Tl T sohl .?1 .1iV\ ? \ 99909 do SV 4090 do . i M89 [ni M ." I--. | 'l>.t?; ,a: ? of i ..... | ? BM 000. ? [ GOVERNMENT BONDS. TWgUtvrea. rouper. ga. Aak. BM. Aik. lO.i, |M ipp. lo:i iau U - "4'4 1U*A . 4 , I'aiiaWa 19 ..101 1"'.'.. |01 |l ,? 1 anan a . I9C1.101% \9:<[ toi 4 ??", Ia of Arrll 1, 1910.1?H s.. of Aug. iw?-m::.lo:ti 4* of P?b 1. 1931.113\ raiumH ia. U 'CHABTKBED 1*01 Union Trust Co. of New York 80 BROADWAY j.f. ava.eVagtkBt fllftkAaawaaflfltkBt Capital and Surplus $8,700,000 Uktwa Iiilrrest on l)epo?'ia IB HSBEBT OIYE :,.?.' ... I ... .,. ,j a: .._? ? - le . pel C?J - Bauwa/ ??'? ?-' ,f ? Truata I ?>< ? ' f'r *'i 1802, |u ;.;.r tua aald :' atral Tniat ceaa '-?- v -r:t- .. ,ar< r s-.???? nriber, ll? tba Boaid of iA:*c[1e*,,. \\ ILBON H BLDER, larr, i nlted Tractloa '??.n-.par.-.. , IO THB BOEOBB8 Of BONBdj OF Ikl MMtl HANT* COAI. CO.WPA>\ Ol II NX8X1 \ Wt\ OAlhU M-KII. I, 1903. : he accuraalated ln tho eir.k'.af fund tb< eum of Berea Thooaaad Fiva Bun , Thlrty-Mves Dollara and i <??*> a.t, ?; : ??? or* to be pur* I . ? retlred alth I - aa et Oa ! ? ' - --3 Of | PIUP* i I . il . MBK' ? ' OMPAK r OF PEWK'A. __??-_??.???- ??????? ' CONSOLIDATED EXCHANGE. With ? -' ": th? j i tho v , it . ?he Coi btock 1 reacb abarply. ?etback waa not unexpected to num< ,.:. rho eerly ln tho ?< pri aed th< opinfon that the ad ? , far ? nough to dlaooum < rood ' prOTlng gcnoTi: ? [jtlo a pai I ? arljr In vi.w uf '. oi eretore. I ? that blf ' ? woofd m j fcold fron broad m , volunie. Tradlng tl ? 1 thi acal' ? . .? la t Frlda: ri Of 71.' " ? . R nrhlle S ? . ? II: 1 befurt t .. ? S . ? | Amoi g Ith irl Pa fio and 1 STOCKS. :.cit ? - ? ? i MAnl ?.,??, v ..- . t? ,, 1-. Buit.il - II ? . . ? - . ? ? . ? ! U?> Hi ... ms -?? ? ? i ? ? ? ? i | . 4f?H 45 i ... ? I I ? . ' ? . '? ? 1% 14 ? aj ? ? ? itber : ... 30McxPe1 . - .. . . . ...1 1. ....} - . ? - ' ? ?'. '.? . 1.4 . ' . ' I . ? - 4 * 41 I' I , -?? I ? . ..-?-?.?? .? ? -? iti rrn R) .. StN d'? ... . ?. . 4T ITU < ? '. . ? n B A P. 14M ?? i- . "?, ? .- p < ..i ia] ?? \ 1T4 UU r B Rnhber . B44- B-*aa| . . 1K I'o ?? ,. TTji .L tl' .?* ? -r ? - .:?? < ' PJI v | g g| -4 -'o MINING. B ?? i . > ! ? , ? I itH l.lfi ? ?? i ?i ? ? I - 4 . ? dai. , ' l .. 1 ... , ' ' I I _ RAILROAD ECUIPMPNT BONDS ! AND CAR TMUSTS. .: i v -. i- lar, Ka 4*1. ' .4 | . 4 1 ' 1 11 ' !'?? 4 i . 4 4 . ? .... 5 4 (tl u i . I I i n .i i ? i .. . . < ' rr I 1 .. '"1 l-'li ' ? tl 1 ' ? ;<(>. . M ?' ... I I > II 1015 4*4 '. ^ . .i-.v , i . w-at 4 p i '??".; i>; .. i -. t i ; IT.... 4 ?....' ' J ? . , loi ia ?????!? * ' .. ; ii i'. .". i. -. 1013 -1. ? "? ?? I B -? PUBLIC UTILITY SECURITIES. (Faratabed b> Wlillama UeCoaaall a Caaa 1 1 ..:. GO Udll Btl Btd. A '? daa i. I ? ? i-i i>d L'UUUaa. 'j M (ll d.. p|. f . '.i !l' i . p . Qee dt El B4 141 i ln. i d< g i.4i ?? i da pref. . ! . Bt I ??.... .' A. \\ 4.; 4 .'.ni Pul. 1 m vd't I*1: ''" " Oa? & El ' ?'. ?' ? .!?, pcaf N - .. . i ,.i i'lMrs garv: 118 I !'? p "?? /. Lt. ' I '* . aref. 18 81 , ....81 Com P R A L ??' ?l* I tititn ?,ii? 4k E 13 -? do pref. 90 SS do p.ef. 69 W DiJAi; b?o Se 95 PT UnH Ll 4 R>a 7T M i Bond n rr rs T8Hl do ui pref.. *4H 8svi T ni, D l.l la W I pr?f... 74 ,!.i ,. | v> | W>ati>vn Pow. "? ?;, . . ' '. ?1l? da : M :?>