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Harris,Forbes&Co Rue-en*.'.-. ti N W Harrl. A Co.. B. T. Pine Street, Cor. William NEW YORK a;r imtsfor munrid* palitir^ and corporgtions and dea! in high grad*- munici pgj, railroad and p iblk utility Bonds for Investment United Light & Railways Co. Bapu monthl: eami ???? ' ;","'"" - ||3 1012 [J*; Ml *M M.? I ? 202.14:1 -'?. >? Net ??? MW.1M ,*_ ? 1"! '?''" ^ ""?' [* ' PROPI1 N.. !? I.K.IIT A F mi.v. IY8 CO foi ihe 12 montl ? ? n_ed Bepl 30 l?l * " ? ?h? <*?*?_ I4<M?.14*I ia ?'f $464,236 for Common Stock H. F. McConnel! & Co. Pine M. Nea ^>rk. Bond Holders *\ We offtr cur services in tnakinR collection-* of courons. lilinR certiflcates. etc. as required by the new Income Tax Law. lnquiries will receive our care ful -ttention and be treated COB tideiitialh. Address Bond Derartment. Knantti -NaclioD Sc Kuhru: INTFRNATIONAL BANKERS New York * Leip:ig We Own and Offer $200,000 CITY OF SI. BOMFACE. MANITOBA (Greater Winnipeg) 5r, 30-year Gold Bonds Tavable in New Vork and London. PttU citv obligation with strong sinkinn fund provisions. to yield W. N. COLER & CO. 43 Cedar Street, NEW YORK CITY 6% NET RETURN We offer a security on which income to the private investor is exempt from normal levy of the Federal Income Tax: protected by equities ot 150': and free of personal tax in New York State. William P. Bonbright & Co Inmrporate'l. II Well Street. Ne- York. london rhilHdelphln HoMon Detroit WANTED Lackawanna ft. R. Co. OF N. J. v4* Guaranteed Stock Ef(inghamLawrence&Co. rVcnifccrs New York Sfock Exchange 111 Hroadway. New JYork STANDARD win bi \ Q wm khi ?.', Northern Tipe 1.^10 Atlantir Ketlnlns U Prnlrle Oll * G_? k rs South Penn. Oll 15*. 4>. of Ohlo Ua\0.0ta*Uaam ??.M nlon Tmik line !? M B. O. of New Tk CARL H.PFORZHEIMER PbOm UAtt 1-3 1*41 flKxad ?.'.'. Brnal Bt , K. T. SWARTWOUT and APPENZELLAR BANKERS 44 Pine Street Uom Vork Member*. New Tork Mork Eichs-ge WmARead&Co. New York Gucago Philadelphia Boston London Middendorf. Williams & Co im oRi'iiKtri:i>. INVESTMENT SECURITIES .tl PINK iT., >ll N**K\ III II DIM. ' New Vork. Balllmore. Md. FINANCIAL MEETINGS. HIFI4IO. KO< IIK-II K * PITTsBt Rtlll ?Ihe BlUlMl B***MttU Ihlh Compenj tot thi ettctUm ot u.irte.n ? ,. ,lUd t'-re? lntpe< ton of l '? tlon en" f,. , ion of ?'i t. . thei bueiness a? may peruin '?? ? sffslrs of the Compeny wl ?.. hfld nt Ui- < ?omnaiij m offlre. Ne 11 wen Htr.ei .N'vv Vork l Ity. "< -' P- ?" Mon<l_>. November ITtl 1911 The tren?fei boolu of Ihe . mi.unv wlll b? rloat-d fi?~i 3 p in on llon dtn. Ortobei :7th, until 10 ? m Txn Novembj r l?Mi n< x' KBNK8T isKt.iN. Beeretsry. New Vork OctOber H. FAI ADYSKT1BEMBNTI AMD SUBBCBIPTIONi for Tl I Trit.ir ;il thi t ptovvn OftVe. N-> IMI Bre_4vs|r, bs-twses Mtk -nd 87tli ?tB.. untll !l ..'. loi k p in. Advcrtlae ni'iils i.?-lveil at tiie foll'.wlne I.i.iii.Ii ollir.s at the regular i-i.-s until (*?>'. lo. k |>. ni, vlx., |M Bth SVI . ? *. tttt at ; KH Kanf 14th St.; ggl WeSt #34 St., h'lwi-i n Ith am! Mh avrg.; .6.1 WeSt ISttt et.; lf.3 BMI 1 -ftth St.; IMt mtl tve . 1T"V lt ave., ncai tttt it Uncertainty the Controlling Stock Market Influence. MEXICO AND CURRENCY Proposed New Act May Result in Loss to National Banks? Railroad Outlook Bad. Tha aetlon ot the atock mark'-t dur? lng tlie W4Mk Ihis retleded tlie un? certainty dlaplayed ln Ute out'ome ol tbe BBVaral important faomrs which of nec.-ssit. figure in the price flUCtUB tii.ns ..f aacuritlaa. lUfalra In Maalca hava drlfted along.from da* i" day, twenty*four houra aeemlng '" .1 ;, i-iisis Involvlag ihe Unlted Btatea In war, bul ?' tha end ol tha week the algna arere aa Indellnlta In Bhowlni tiie future as thej hari bean in tho paat. Other political meaaurai Were equally perplexlng. The i.ankiriK ami currem > problem continued to occupy the attention of the country at large, ns well aa thal of Conareee and ol Prealdenl Wltoon. ng the laal areek an announce- I ment thal aeveral L'onnectl. 11 banka had declded to wlthdraar from tha na-| tlonal banklng ayatem If the propoaad j meaaure la aol modifled to allou* bank . membera a bettei repreaentatlon lias, pul Into mora 4ietii.it.- form what for* merly had heen rumored irould occur| among the larger Inatltuttoaa crperatlng under the national banklng BCt Bjf some peraona Btich a mova arill i?p re garded as unw.'.rranted and ae not cairylng out a legltlmata business pol? icy. a llttle atudy of the queatlon must pro\r the .ustiflable poaltion of banka arhleh mav prefar Btate to national chartera. The 2 per cenl government bonda on which drculation is baaed are BBlllng from .'1 to 4 points below par. at Which price the banka were 4>h]iged to subserlbe for them. On such a basla lt certainly is nol profltabla for banks to I'ondut-t buslneBB unless the;, deslre to do BO .'.t B loss. nnd When the new ai-t becomes effective the banks wlll be obiiged to Bubscrlbe to atock In the n serve institutions and will be nllowed only B per cent on their money, Few business men wlll argue that in View of the expenses incident tO op? cration and depretiation ln i.ny line that ft per rent ls suffioient to < ompen sate banks for their investnients. and It la perfeetly certaln that banks can take the money they might invest ln the regional banking s\ stem nnd secure a larger return on lt through other sources. Furthermore. at the present time the large institutlons of New York, ("hir-agr- I'hiladelphia and other places do not carry many 2 per cenl bonds compared with thelr capitaliza tlona Some of the leading Instltutlona Of tha COUntry have gradually parted wlth their '2 per centa, until tO*day, lt | Ifl said, thelr holdings represent bor 1 rowings rather than actual ownership. | This has been found nBCBBBBl**r to avoid ; losscs which would ha\e been Incurrad | by a continued holding r.f declinlng I securltles. The Invaatmanl situation has not im? proved reeently. and tha buylng of -ui erai bonds, whleh *Memed to i.e Increaa* ' ing ln September, reeently has ln*_Hnrid 1 oonslderably. A bond BalaaillBII wno haa conflned his operatlona tO the N'nv j England distri.t for the laal several ! years and who enjr.yed a luCTBtlva ln leoana from the sale of hli.li gr.td.. .. curitles to a large investment cllentela j up to the perlod when the new tariff law brgan to affeet the indiiRtri<-? 4,f | Xew England. finds the situation much arorac as a result of tha income tax. Ha r>-ports that the bond market is dead. that it ie impo.?lbir? t<> latereal I*?oplo wlth money iu bondfl BXCept those that are tax ex.mpt. In one dis? triet around Fall Rlver, where his dum naaa in former yeara aetted him Bev aral thousand dollars annually, he re ports proetvally no . ales d'.irmp recenl weeka Peopla who ha\e mone. ln X- w Kngland are said to br- boardlng it ln cash and not putt.tig it mti) ae* curitlea, Probably New England ia ?'". axceptlon of the axtreme type, bul In a meaaure the income tax partlcularly muat have a reatrictlve tendency on Inveatmenta, and for some time lo come the outlook for a revival of lnterejo io tha tiemand for Inveatmenta la aol en* couraging. No attempt haa been made by those in connection ^\lth the steel industry tu deny tha gradually diminishing \d1 umo of business in Bteel orders dur'ng the last weal*. and tl.e uptimism rc gardlng the induatrial situation as a whole that has been more of a bope than a fact has recehed a check in the rep4.rted i-onditlons r.f business. The Iron Age," in it:- revleu* poblkmcd laat Thursday. in one parBgraph says: "Further d'elines in prlcea ara . ? ported this week. but as in every other like tlme of hesitation, bUJ ing Ifl on s?> ifstri.'ted ;i scale that the indu. t-nu nt 1 tO make deop CUtfl ts lackii.K. ?*<>mii , tions are BOt ripe for a broad buying movement like that which began about two years ago." "The Iron Trade Reviei." hriefly re views the situation thus: "The i-aiitious attitude ,.. buyefB <n ?covering thamaalnfl for pj*oa*paetlva ra* riuirements v.-ry far in th<- future !?? malBB the marked featuri- of the Irofl land Bteel Mrket. How mtnh <>f ihs is dui' 1" aa ixpectation ,.f lower prteflB I od tO uncertainty ovr-r tha btishvss niitiook raaaahM ? taeettoa. it is tvi , di nt, however, that both of these ar. cffactlve fact ?rs. Revision of prioBfl 1 dowiiwairi conttauaa to be made toward i l.ringlng the market to a p.iiril wtHTB |the lirnits of th< preaenl buylng can be e.t.mied. but thera is Mthhag ln tha Bltuation yet to Indi. ta thal the uiti m.ii. and ef this movement has baaa l'4-;ii lu d." From other sources then iias beea a t4.nflrmati..r <>f th?' slowing ilnwn ,.f ti,-.! bualnoaa. aad it if avldanl ihat tha st.ei mduatrj is looking to th. ra 1 n.iirls 4-xprctantl. f.ir sonu- Btgmi ,.f a mw biiving movtment. Ueporta af fi.ting Bll classrs of trade throughout ? tba I'lutdj st-it?-s covertng the week'? developmenta have been cceuHderably mixoil. an.l whlle in aome Inatancea Ihei vi.iiitn. ..f bualneaa hBa shown bb m creaelng tendency, tboae branchea showing Improvetnerrl have been Mim ulated by cllmatlc changes rather than nn undertone <>f Improvement The rallroad sltuation has been glven marked attentlon this* iast week. The rallroada are Ib need of eatenalve Im* provements to Instire a tranBpcrtatlon sltuation whlch tvlll Bieel the public demand md nHou ? developmenl ofthe roads tn .i hlgh atate of efflclency. Bul theae addltional fadllUes ?iM requln in avy ? xpendtturi a, and it is a queatlon how the roads can secure thr- monej when they are being squeesBd by the lal or unions on one *-*?*-?- and the Inti i Btate Commerce Cctninlgelon on the other. Cortelderable comment on thi propoaed ?'? per i enl Increaae ln rati i i.v ihe rallroads haa been along the Unea thal thla wlll relleve Ui< roa I from -i dlatreeelng predlcament, and nllOu them fn edom from the reetrt - tlona whlch nave haraaaed thelr Bnen cial progreaa durini the laal taro yeai ai least Another vien of thla la glven i.y "The Rallwaj and Engineerlng Re vlew," whlch edltorlalrj quotee the traffli manager of a greal commereial organlaatlon aa followa: Thr empWea wlll take all increaeea rast< i than thi j i an ba granted.*' Purtherthi "Review" aaya: "Thtewus baaed upon ihe,demands Jual made bj the W< atern englm era, (lr< m< n, con ductors ind tralnme" f'" advancea ag* gregating 140,000.1. a year. The pub* l ii. is beginnlna to tm through the| plana of theae organlajttlona to abaorbj all railway earnlnga, and If it tooka far \ inough into th*- Bltuatlon ll wlll aee th ?t; th.rgaulxatlona ara antagonlilng I nol thoir employera alone, bul the whoie oountry. Tha developmenl of tha | country la held up by the unproductlve tondltlona bf rallwag property. ll >s conoeded on all handa thal tho bual* neai and tha aafety of the oountry aro dependent on railway nei oarninKP. When tho rallwaya oan neither earn a Burplua t.. be uead foi iaaprovenii nl and development, nor bortow money m to us.. becauaa of laek of a fair baala tot credlt, the country aa a whoie i if* f,, . || it tho purpoae of the emplo i t . prei enl bj thoir d< manda any i to the i ountrj"" TRADE AND INDUSTRY Marked Irregularity in Busi ness. but Little Reaction. The n ? lawa of the mi n Bhtlli f0 th? wei k . ontinus to repoti i endlct* inc ret irna ? onci rolni tl - trad? sltuation aa n who},-. bul that there la slowtni down . , ind ? ? ln -?? bm lo be conflrmed. "Dnn'a Bevlew" followa: "Irregularlt*. Is one <.r the chlef cbar* scterlatJi i of the bustnaai *?" it* there i? llttls svldi n m of i g< ? > ral ? ?? tlon. in certaln Unea and aet tlona al co intiy the volume i I tradi la aspai ? v Ith galna recet di d otn t lasl aoma Lnwei ter, thro ighoul ?*. ? ooslderabls ai ? the effecl of sttmulatlng I d 1"v seaaonable merchandlae and ll b algnlfl* liiut iii.it prompt dellverlaa are strongiy urged, thua i mphaetalng ths depleti d ditloti of wbolerale and retall al Transactlona ln tha drygood*. marke:a havo recentl] ahowa a notlceabls incn i in aome quartera havtna. beea heav* !. i than at am llme ln Ihe ? l I ? irs?and values contlnue flrm a ? p . i. i . . ? r ol ordera, wlth buyera rnanlfi more Intereal In ful ?? n -filr< ran for noveltlea ln dreaa fabrtca i*. very fai n acblng in all inaterlala but v* Ihi ;i Ivenl of fn wool neal month u ?? erai wcoHen ml i*4 are cloalni down ten - ? ,,>. a <if? ledl; ' i sltuation prevalls in leather, aoma prominem l nera raporttng a bi ttai I ialn< aa durli i Oetober lhaa n any otl*ei month thls */ear, although Individual sales ;>'?? ?? . moderal In a_* i ontin u <i lm? ii ? r.. i.t ais.i appeara ln footwear ai I advlcea from travelttng salesmen Indl thal eontraet- alreadj placed have aur* passed expectatlons In ti.e Important iron and steei Industry. hewevsj*, tbe ra* ? ii in sctlvtl? i* plain and ti"* i>io* ductlon of plg Iron dlmtntahed laat month, Further reductloni In quotatlona ;.i<" noi.<i. bul whlle rallroad demanda have . sotnewhal largei .?! late no broad buy Ini movement ih ln evidence iome eonceasions havr- also occurred In Ihs prlce ot copper, although thera ls bo general tendedc) In thal dlrectlon, and bualneaa eontinues dull. The BtatlsUciU poaltlon, however, eontinues strong Foi* j lowing the sharp advaa c In ? ^>11 mene) inct prior to the Novem'bei I diaburee lnents the rate returned to ?< normal baala and timi- accommodatlon remaim I avallable al aaay terma Quotatlona for ifoiiiKii exchange eontlnuc al a low level. land thera arare reporta of addltional gold engagamants ahn?a<i. Btattotlcs ?.r banh | clearlnga for Oetobei reveal a decreaae ol |t,l pei < > nt an eompared vvith tbe tavaa perlod of rftt, hut tha i"tai thla weeh is 1 large* tfcan iast year by a.1 per cenl and M j'er cenl in eaoeaa of i?n Compariaoa inf the month'i aommercla] mortaiity Indl* cater. an Increaae over reoenl yeara ln both the number of falluraa an<i amount I uf li.-ii.iiitii s, the latter betag Bwalled by | sevr-ral 'lefaults of UBUBUal B-M FlgUTas uf -,*ross raBroad aaralngs tims far ra* cetved f... Oct-bar ahow a in-.* of 2.0 par cenl from .< rear ugo, hul a Kain of 19 |.<r cenl over 1911. NeW 'leinanils in IrOH Bltd steei have beea atlmulated only to a moderate aa taal by the addltional prlce reductlona an* nounced, although aame snoouragemanl is derlved from the Improved rallroad liiivinjr. lt la the lllipaa?llMI m BOOM quartara thal tha readjuatmenl "f quota* tlona arlll ultlmately ro<>iiit ln the pl i of latont ordera, atnea f**r Beveral months eonauaaara hava aatiieted thelr pureha ? j to linreedlale requirementa Their is v?rv ) Uttle hsquJry f.?r |.i? urmti aad tii<- nsarfcet , la lasior. with Boma i..isi. offered n> Ion , ?s 5'.:.. V'allaj Btatiatlea <.f |.iK iron pro* ductlon compllad by "The Iron Age" ahow thal the aggragati output ?luring Oetober h.i.Im i ...mh '.''ii groas tona ta U.IU tona a day, apainut SJK.tSrtona la Beptraabei I.Thera waa ? ael i".us >.f twelve furnacea Ireported laht month, and tha -14 furnaoai I ln Mast ..n November I i.a.i a dallj i >? jpacity of JMBI tona, -i* aoeaparad with! >.',.;',:, tons n day for UA furnaoas .". Oe*i tober I. a ptenUful supply <>f c**ude iteel is availaiMe. an.i toncaasloni nre named I oa liiiotn. ?.'i Plttaburgh belng tha ? m.ii.-. .ni both epea haarth aad Beaaemer. I A )-?. rieial MVlsi.in Ofl BbOOta Bnd t i ti pl.ii. hns been maiie to iii.i i foreign eompetl* | tion. whlle th. i? ductlon on lap*waM plpa amounta to aboul t'- s ton. Prlcea on airtkea rlvett and bolta ara fraquentl) ih.-ifirii and the damand la llmltad" "Bradatn et 'a ' commenta thus: "Traile n'inrtf are <.f h tvvn-fold riiar- j Executor Ohartered 1822 Trustee The Farmers' Loan and Trust Company Nos. 16, 18, 20 & 22 William Street Branch Office, 475 Fifth Avenue New York. LONDON, 10 Ccrkspur St., S. W.; 26 Old Broad Btraat, B 0. PARIS. 41 BouletaH BmMMBI BERLIN. 56 Unt-r den Linden, N. W. 7 Travelers' Letters of Credit. Foreign Exchange. Administrator Guardian Following ifl the usual table g.v.ng the number of ehares cf all etocks dealt in laat week. togath,:r with tha higheat, lowest and fmal pricea of the w-.ek. th. nat changea of th. weak. and the high and low oricet of tht year 1913, with the high and low price* of the year 1912: aeter. On thr-one haad, dtatrlbutlva tr.-.d oentlnitaa ta aapaad, holklajr bustnaaa la groarlna umi tha landeno la la Incraaaa aatltnatca ot yUUda al cottoo aad oorn, i.ut asalaal thaaa factaaa r_raa. ba eltcd th#> furii.. r atoartat dnwi. of arholesale trade aad of iru-.ea^eii ajaiatede la Iron and ataal loine llaaa that mlghl ba ae tiv,- pref. r I.i wait for tariff Tt-.oljiist i.H nti htt aianapla in this raapecl betng furalahad bj aroratod rallla arhlcli daam n gooi poHc) tn iiniii i.a'-k fnt fraa arool Howovar, it .?. plalaly pataal that tha datl) wanla af a largr- pop.llatinn irr siifn. i. nt t" keep thaaga inovlni aloag at a nUafairtory rat?\ and rv. n in ae tiona Iwhera th.-r** i. Baara or ir-.s ..r ? tandani t>. paaaalinlaai ll la eonceded that buatnaaa in -rarioua linaa is equal t.> thai ... i.t. t ?..ii. when .u-iiviu ralgMd la an evaat, ti." \\*.k 11a-? beea ;i i.us. oaa fnr 1 siiij.iii-ntv Bnd bajrera airerjrwhara aaeai Iroosl anxinus to proeara daHvarlaa. thua IndkaUni that ?t<u k. are Ughl Cold Weather In viirimii paris sf the OOUntT) i? ii.-iit.-.i buatnaaa la hearyweighl ?o..iIh. 11 i .,? i ? ii mii,i tamperatui aa mlHtatad asalaal a ii.-m. turuovar ln parta "f tha Baal RaHara*r traflc la haa***-, r-nai Khip inenta ara larga and ln aonte parts of the ? niir.try flhoftBgii nf eara Ih a datiarring faotor. Th*- r*andltlon af mnt.r wheat ?htst Compmuf Have you difficulty in deciding how to invest your surplus money? . The market price of high grade securities depends on many factors. It is difficult for anyone not in constant touch with finan cial matters, or for one unfamiliar with the bonds and stocks considered good investments, to de cide what to buy for her or his particular require ments. We shall be glad ' to have you call and talk over with us your invest? ment problems. Our advice on personal mat? ters of investment or other financial matters is alwaya at your service. Trustee for Personal Trusts FIFTH AVENUE f& 36TH STREET, NEW YORK BoTuIhoiders may be relieved of the in convenience attending the collection of coupons and registereid interest under the FEDERAL INCOME TAX LAW by appointing this Company as their agent. Write for particulars. United States Mortgage & Trust Company Broadway ?t 73rd St. 55 Cedar St. 1 25:h St. & 8th Ave. li exceptlonally good, and the acreags is the largeal ever known Tba Influence of .. rived from the salo of '-rops aad cattle is being felt ln agrlcultural raglona nnd whlle some few polnta contlnue to report alow coUectJona, tbera la a mora noteworthy dlapoaitlon to aattla up. Thhi r... t la avtdenced la weekly banh clear* Inaa Whlch shou ?< *?liKht caln over tha beav) total report In 1912, aad tl c advanoe over this weeh In IfU la s par ? ,t we,-k ui turn Bhl 9 a ritt tA * I pei ci al ovei Wfl Tha riRures markaMe. ln view ol the paui Ity of ipei iiatlon, luletneea In building an wrii ,i eatate and promotlona In general. fo i all money U mporartty are and somi ? o mtrj bankers ara bor rowlng mora llberally. The sto.-k mai ?wlng Hatleaaly, Bnd th.* Mexican sltuation a*- well aa inone ondltlons abroad, ? ?< rta dlatui ? ncea Relatlvely beal trade reporta ? , ? nn,.- from thi Nort iweat. whlch section seems dlaposed lo bu ah sd foi exl rlng Pan larl) favorable reporta, however, emanate from the Bouth, arhera sentlmenl and ;i. tii.ii bualneaa la on the up grade, thanka t.. a frei movi menl of i otton ai bigh prlcea Batlafacton tradi reporta are ,,,;,.i, i. th,- i'. ntral B eat, and whlle thi i -hi. .iki. dlatriel notea eon ld< ral.mi mlstlc talk, it i- admltted thal bualneaa in .ii j gooda ? quala thal of thM tlme laal ? m i. iyera a/ere W pei numero ia than ln th.* i ..i n spondlng. weeh ... IU3 Bul tha Ind iBtrlal centrea ire afl I the alowlng down ln Iron ;,,ni ataaL Eaatern reports su^>->*st eon* eidi rabh a< tivitv m shlpplng, but ln ln? dustrlal Um ? there is m.i leaa ldle? neaa Returns from the Fai Weal suggsal improvemenl in trada though the lumber Industn eontinues qulel The Boutbwesl i-ontiibutes Irregular reporta aome cttlea Indicatlng that buaineaa equala thal laal >< ar, whi n II waa verj h< avy, whlle noti dlaappolntmenl al thi fallure of road aale* ta enlarge." THE CURRENCY BILL in laat week'S'laeue "f "Tht Bacbc Ra* vi .v tha followlng comment appeara on thi < ui i. ti. . measure: "Tha blll ..i tno handa ol tha tatrnXt committee la experiencing quite aome iw ivi- of Ita orlglnal **liai.? in the way .>f tentatlva amendmenta manj .>i them twisis ii th. rlghl .ii< -tion. 'ni.- reduc* ti.ni if ih-- <? iinti- r of reglonal i.a.iks makea for a powerful machlne, capeble of ..?. implMhl ;? li an effectlva mannei Um i.i .f th.- gold supply, the concentra? tion ..i reaervea an.i t..<* adequate arork* . oi :i diacount market, all oi whlch pr>K*eaa**a tha larger number <>f reglonal banks would rendci impoaalMe of per* formance, accepl ln a weah ami prohaM) Inadequata manner. rhe compoattloa of tn. federal board <>t control has been bett< i .i b) sUmlnation ol adminlstration ofllciala Kxpertenced banking abttit) should I.- contributed. it is eaaentlal to s.if.' guidam ?? in nertoda of strrs- The Ilnklng in "f government responslblllt) for ihe notea simuiii he ellmlnated. it \* bad politics .iini bad buatnaaa Tha prog* reoa of the i.iii ahould he pu?hr<1 toward tion hut there ahould ba ".> hurry to paaa it Juat for ihe aakt uf having aome kind of a i.iil on tln- atatute booka Tha faci that eurrcne* an.i banking re? form la ?" ii ai' of Bccompllabmenl is due, it must not ba forgotb b, enttrely to I'rcs ii.nt wilson''. unyteMIng Inltlattve. No one >.t ih- lona 'i..f Presldanta iti thr la ' llfty years ha:< had the courage and the hlgh purpoaa t.. stand Inalatantl) for this greal movemenl to mi: tha natkm out i>r ci edi*. i ai .iiv ala" FALL RIVER DIVIDENDS On Total Capitalization of $29,110, 000 $1,028,675 Paid for Quarter. [Bj Te|e**raph te Tbe Frtbum i Fall Rlver, Maaa, Nov, !* -Q. M. Haf farda fl ?'.>. hava issue.i th.-ir statenteal of tha fourth quarterly dtvtdenda deelared hv the COttOn mills of thls elty. lt shov? s that on ? t..tal i-apitallzation of |_M|g,4-9 th>' suni of |1,02MH was palil to the stoekholdara tlu hlgheel foi a atngle quarter in a number of yeara Tba dtvtdenda for the Baeal >*-ar amount io UMA,WA on the above oai-ltallzatlun. with certata axclualona auch as eommoa Btock where no dlvtdl rule are pald. THE PRINT CLOTH MARKET Fall River Textile Operatives May Ask More Wages. 1 ? ? i ;? Fall Rlvar, Mass . No*/. r' >BuBlneea m ihe N.w Ehffland cloth ma rai .fuiet laal weak an.i aatea did nol aa eed I ? plecea i . aome laata ? ? graoted. H'lda Ko<ir.!> itill hold th*? n oal attention Reporta from rnanufacturera ol totton l Brn ahoa thal prle41 aaj i aad buyera nat ? i urtalled thdr .\t ? laeetiag af tba Textile < ref-faaaata tha MMt roill operai a* .... Wedtteada* eveotag, the oiatter ?. t In a agaa arill Im an-i delegatea from tha B ? ,.\. i - and i ? unlona hava baan Inatrtjictad to tak< matter up. This nteena thal condil amani the help ?.n i>< aneettled unl . otton Ifanufacturara' aaa tha inatt.ne*are] or tha other. QuotattoM for laal weak tt-tnch Mi eh Mad '? :'.-m<... > t . "-iinh, MxM, ? tn. h, ?? \:. i ? ?Ineh, ?a*l - I .'.*'-.ie ll. ttxft, fi',4-. -. S60 MAKES GANGMEN FREE Six Pay $10 Each After Pitched Battle in Street. \ ... .. ?? ' ? ? .th paVing BteflMfl ? .,t ?...i^t ona revehw ..- aiapana a wttgetl between i.aii a dosaa Boat langtnen Bl ilawn yaatarda. mornlnir in i ....(...- Bquare. Captain Palcoaer, who waa on bia wa t.? thi Sth ati ? t itathm, heard th4 of revolver ahota He waa lainad hj Patrolman Brannaa. Drawlai their _.un they plai e i the da Rghta : real .unl t.'nk them t>< tne station houae There th.-v gave thelr naflaaa aa IValtaf R of \.i. IS Market *t-*eet; Mtchael Ba ..i So. Kt Baal 17th atraat; Joeeph Fti ..r n.i. S Baater atraat; Vltitoi Qanlaar. of So. 13 Mott atreet; Dennla Meahan. ??" No. lll Reo avell street, an<1 A'.brrt Car ..... ? ?? n,i. :;i i-t atreel Tlu ?, g. i ? Bn algne I lat. r ln I - i Market Court arul rtncl V." BBCh ' ordirlv conducl CURB QUOTATIONS tllgli ar. aa I -. v- .-fl foi tlv month CI1.I..1 N ("Furnlahed b) Harrj K ThomfMMM a *????? Ni.. j.". Bread ?u?*j4_.. INDUSTRIALS. 111(11 !.,.<? lAAt Brltlah Atn i ??:..,.> ... s .?, J'. . lu. u Pi abodj pref.... ? ioo Can Rubber 'i .rr- . .. Mlt ??? .- ?"' i .I., preferred. ? Emeraoa-Braai pref_ ? ? llaxana 1*ah__,*Ml. ? *"? do piefeiieii. ? ? 1* Houaton nll. ? I Manhattan ^h.; I pre* ? MHntiattan 1/ranMt. !'. . Mai- ..ni ef xm.-rl.* ... 4*. ' . Uny't Oll. .. 11 Nadonal euflnr. ? *? N V Tran-ipoiiatton? ? * ou ki.-i.im ot Mixuo ? Sran.lanl OH of N J.... ?M Teiiar,,? Pradia is pref. t nlted i'i. ar .??tei.n.... U . ?Sv* ,!<? preferred . in m m 1 S Ughl 1 Heat ... i . 4 Va ?I.i preterreA ... . V. Illya-Overlead . rlo tr f.ir. .1 . "* BONDS AN**) NOTES. Rra-ler. i?. iin i?. new. ? U lt I o a . u tea - . ' Weataro faeAAa la... -- ? i5^ MINING. Atla.ua . 13 11 14ea\er . "I :\o IMi. Kour. II 17 I' ina.ien . ; * eu 14 llrltlah 4'olumbla. .'.. '?.- '-''? c 11 D . un. oll,late'? 04 U 1.1 Paaa . * J Bly ronaoll.'.ate . . fl.. .> Klorence . 4;iro.ix . - * fJreene-i'ananra . *.*, >.*, ** Juml.o Kxtenalon.>'j'. "s' . Kerr lake . 4,', 1 ?? l.a n-ae . |(j i|_ '"? Ma.N'dinaia . |fl 4n Maaon Vallev . 4>, 4 ? ? Nevada Hllla . .,., U ? Ohlo . ' >, f PaclOc Bmeltera. .', '. ** htcnart . ly. i_i V* .onniiah Kxtenalon - ... IS ]** Tonopah Mi-rger . _3 M ?'' lonnpah Mlnlng . Vm 1*. "*J Tularoan . *.4 S V "Aeut End 4 ona. IH 't. '?* **,?ltlauftr .0? .C4 *?