Newspaper Page Text
THE SUN, SUNDAY, OCTOBER 6, 1912.
SEVERAL. I NFLUENCES-
EASE MONEY MARKET
ond trust companies nnl their loans nro n f
flijrhl.v Fnvorablo .tank Kin le
nient in Preceding WooU Was
BATES AT NEW HIGH MA UK
mnk of N. v . . ih-c
natiK in vi.-m . pec.
.Mei-hanlm S ,t ,,), ,.,
7ittlin.il l Ml Dim.
' f'lli-mltfll ,Sm . . lie.-
.Mm r N,n 1 1,.,..
. 'I II llK L-illtl I III-.
11 muter Nnt. Inc.
I'lllVii lon. Nnt. Dec.
. ii i:t. Nut Im
Nillnitl I'.iik. lice.
Fourth N.ii . . . tv,-,
hate Niii. . . IRc.
First N,n ),.,..
It-inkers Trust. .1 n
' S. Mt, a T'sl.In-c.
Jtiurntit v Trim Dec
X. V. Trust . . Ini'.
... . t w
r, u. n i
Bnkcrs Here Get Hulk of Mon
dn.v'8 Gold Arrival
Mtfml factors combined to bring about
ralaiatioii In (lie local inonay market last
,fk. highly ffivonihln liaiiV"htatment
ii the close of the irccf(li:wucH,.rrt.tTinl
engage nieiilM of gold In L,ondon on Jdomlny,
it Hrrlv nl of koIiI imports pre v lou-1 v nuiln
,1 thu tenlre and cv Mnico-iif a return nf
lundt disbursed by tbo banks dn (TV tuber I
atre nil Important ftifWnion " J
.Votw Itlistandliig heavy gold engagements
a lipnitou n Monday, money rates for liotli
lim and "ill reached a new high level for
the year 'I'19 'iill money rate touched
;', pr tent , the highest limitation re
lorded mce .Innuary. into, the renewal
rate being ns high ns f.1, per font.
liatos lur I line fluids veto mlviinc'cd to
i fr cut for nil in.ilurlllcii from two to
four month on good mixed lollatcrnl ami
10 5', tor mil for fhe uml six months on
all industrial" rnllatrrul. Thereafter, how
ever, mwi' .iii In good supply nnd rates
declined steadily until at tlu close, of the
neck tin- renewal rulo for tall loans on the
Moi l I xi'lMiiiru wn 4'i jKr tent, nud nr
lersodatloii on time Ootilii ha obtained
jt from .V, to :', per cent.
t x eetatli'tis "thai our liJirikVir" would
lain the hulk of taut Monday! urrltal of
ape gold weie ruinilfil. Altogether IVum,-1
mi wax f iigag'il, mulling a total nrisnomo
taken nine the present movement began,
September l. Our bankers, lumovcr, had
lo inr xllKhtly more Ihnu the minimum
iriie fur kuM, the market advanelnt; from
llif mint prii e ot 77. tid to 77 ni.d. 'l'iiunl
lh rlie of the week ixirlloti of the cn
tiutfinent thus made, namely Jj.voii.l'uu, was
lani'llivl. uncloiilitedly I rciiie'e of the re
HiJitlon hi the money i-llr.ntiMi herd -unit
ti- hat.li'iilnit of illiicounu in l.oiulim due
to the political Kttuatiuii in Uie UaRaiiH.
liurlms tho week there arrived nt this
intre .',.iu, con In koIiI Importn from tho
othfr fide, Thl lieiamo of cuiirm) rnilrto
illately available for use hero and inasmuch
uit provided for an Increase In the loaning
capacity of tho hnuKs four times the actual
Amount It was one of the piluoipal can-ten
of the easier teudelicy that devcloiu'd.
Iheaterlliitf oxchanito market was -treat ly
tuisettlcd liy th heavy uulo ndinu of ntoo:;a
in thin nuirket fur lhiroiieun account ui ,i
remit of the uncertainties or the llalkim
situation, itivlui; rite to tho Fiizvestinn
that lor the time beinjr or until tho pnlltienl
outlook there had le.ired our luuikem
would not make uny Merloiw efl'orts to ol
lammore sold in London.
Nifara the ilomestlo money market v. as
concemod there wns during the hist fw
days evidence of n rapid return tu this
ciitr of the Interest and dividend money
dlahuned on Oetoher l Payments t'ns
yfar amounted to noma f itin.nmi.nnn. 'iins
return movement Is nlne ltiieneil dur
ing the flrot ek of the month and a was
undoubtedly accelerated nt the present
time by the hlath ratcuhat prevulled nt tlm
oKnlng of tha week, 'lhe drain of funds
to tho Interior of the country Included
tranafers of money to New Orleans, ri,UKi.mi
to all havin been mint to that point. '1 his
development m premmahly Incidental to
the financing of the cot ton i'nu.nd as
j(.h fu entirely normal It as onset,
moreover, by n decline in the rate of dis
count on New "lork oxohunire nt many
other interior cities. Now York ejehanue
at Chlcaso indeod rose to a premium of
lOcenu, Indicating that the demand of the
Wfst had temporarily been aatistled.
No doubt another Influence which tended
tn produce a moie rontldent feeliu in
iMpect lo the money Mttlatio:i was the
conipllaVn of national bank reports I .snort
lit response to tho Comptroller's. for
"million as of .September t. These stutl-,.
s verified the opinion prevailing la banli
liiff ilnles up to this time that there has
tn no undue expansion of loans by in
friur institutions and that these Institu.
t.ons weiB In evt-ellent condition to face thu
faiiiving of the crops.
A far as tho nuestion of Treasury aid to
the hanks Is conueined the Treasury I.
lurtment again declared that nosiich action
tontemplated at tho present tn.i
Ihii was of course lather rlissiiriii'r ili.n
.hern He. it had been the opinion of loca '
lUKiiis mterestM ,-ill uloni: mat the (Icpdni
fl rea-nry funds In the lianksnt the pr.-i w
lime us unwarranted und hiirhly Inuii
Msable. The Treasury lesourcea now
'land as a secondary reserve which may
bt called upon at any time should tho situa
tion grow strained, leaving tho money
market well protected against any startling
advance in rates
The statement of the IToarlng House
baaKs at tho close of the week In View of
!1 th(-!.e favoiablo developments In the
i"3ei- situation proved something of a
1 irprne. nothr decrease in Ioana brought
tie total leduetlon In this Item during the
at' UK wecl.s up lo '.7.'i'i,in, hut a hc.n ler
d' r"ae in rash holdings thuu .is ex
uecteil caused a falling off in leserio of
Ii.J'.t.imi u the actual return. The lo.s
m caiii at tho very cluae of the week was
mtrliiuted to withdrawals by Western
is'iiutions who took udventage of a tem
i Urary lull in agrleultural TeiiulreineiitN
imlng to bad weathor conditions durfng
ih lat tortnigbt to put out funds on call
f.an.tioo 1 iic
fi.fi. T.ima Hi c
,-ln., Ann Her.
ink. mil) 1 in-
i.l. O'iO Dec
f.i 'M C0n Ine
S.C'i . nun inc.
M i.iuin Dec.
l.tll.non Dee. Mv'.noo
It a. 000 Inc. 479.0(10
lhe Hlnto Hanking Department elves the
condition of the stain hanks and trust
companies not reporting lo thu (Tenilng
Loans & Inv'ts. . . .iriSMIOM Df c Jl.trin.'lOn
Specie H,-ifi!l,0ml tier. l,IIJ,70n
1-CKHls k 215.B0O Di e. Ul.fiOO
iiii.il iieprKiis. .. e 5 : . s n , i i ci D.e fi,ftr..ooo
GOSSIP OF WALL STREET.
Iliiftlnm for Forelain Aeeonnl,
Iiift finioiinis ilno
rrum nserie tie
posltiirli s ft r'm
other hanks 4.
trust cos, In N.
Ills, (in ilepoKlts.
6dJ HI M Dee.
i'ercenlnire of resrne, li :
ELLIOTT BACK FROM WEST
WITH EXCELLENT REPORTS
In slock last week was one In which
business for foreign account assumed large
............i ii . ... ii i i .. .. ...... 1. 1
'.'kMiooa ,IU 'raced to markets such as Vienna and
iiciiiui, wnicn navo seldom u ever ui-iuei
uflected prices 111 Wall Htrcet anil business
starting from those cities nnd proceeding
through I'nrls, llerlln nnd lnidon and as
suming larqcr proportions us it progressed
taxed tho facilities of the arbitrage houses
und of thoso houses which make a specialty
of liaudlliig ordcis for foreigners. Borne of
theso iirm.s thought they never again would
see good times when the Block Kxchange
early In t he year adopted Its rule restricting
nrhltrngo transactions, but they found
out last week that handsome profits are
obtainable under the amended rules.
.Many of them had so muoh business that
they were obliged lo turn over considerable
of It. They probably told more than
suu.ppii shares and bought as much as 75,ooo
shares, leaving ut the end ot tha week about
l.7fl.ino I ii'.I.ihhj shares on balance. For them the
I.S7J.70O Balkan illsturlmnrn was fnrliinutn both In
the urn. Mint of business It brought and on
account of the fact that the local market
was strong enough to take the foreign
oflerlngs without the slightest demoralisation.
Xoi'tllfVIl I'licific llplltl SPPS CtOOtl
Times for Jinny Months
I'ic.!i1ciit Howard K.lllntt of the Nm th
orn I'.iclile Itnllrond came to town es
terd.iy from the Wist with IiIkIi n-ports
of kooiI timm for tnciiy months to come
und wlilrniiu; piospiilty In the North
west, of increasing mltioad business fiom
the exceptional crops of gialus and fruits.
of tbo load feel I nil the nerit for
enrs, thoucli no serious shor age, am
prospects for Increased eiunlng.s by the
mail fur this year ns over la.t.
"The exceptional crops should furnlah
Us with kooiI holiness for mouths to
come," en lil Jlr. Ulllott. "Hankers, mer
chants und faiuiurs fi el satisfttd with
tin1 piescnt oiltltok. Jobbeis In the Twin
Cities and Imliith ri port nn excellent
nlitumn business . ("ondltlnns west of
the Itocklcs may be u little more quiet,
hut the underlying tone Is Rood."
The ii cent heavy tnina In the North
west f i urn Dublin to the Itocklcs, said
Mr. nillctt, luuv done ome damage to
the Kr.ilns- '" 'he oth'-r hand, he de
clared, they hnve bn of benefit to the
country In ptittlns tho soil In shape for
nest ear's crotis They have thus helped
I'orrtitn 5peeoltnra More Corapeseil.
Tho business for foreign account yes
terday Indicated that tho element of fright
had been removed from tho transactions
of foreign speculators. There was -no
hurried nisi, to act on the conflicting reports
from southeastern Kurope, but more com
posure und more orderly dealings. The
London market fnr Americans was falrtr
strong nnd the transactions in this market
for London account showed a prepon
derance of soles with Hteel common the
lavorlte. Undoubtedly tho technical posl
t Inn of all the foreign markets has been
Improved by the week's liquidation. In
most of them an ovcrexte uded long ac-
ixtntit ntlnfji.l I't.la hna nftW hnPTl rllllCfit
!.'i,0nf ' nll1 tho-local market has not so much eon-
U Oil .!.... I.. I.. n,,l,.n.t.rn
mi ii iiu-i in- oiiiiniieiiifi in Duuui.Mi-iu
Kurois?, whatever they may be.
Illinois Central Earnings
When on Friday Illinois Central reported
for August n decrease of I2J7.0O0 In net
earnings ami for two months of the current
fiscal year n decreaso of .M,ono In net
earnings it was recalled that the company's
fallute fi earn Its dividend by more than
o.ooo.iski In tho hist fiscal year was explained
by untoward developments, such as the
.strike or tho shopmon, the hard cold winter
and the fresheta of the spring. None of
thso factors have worked against tho road
in the current fiscal year, but unusual
expenditures are necessary to place equlp-
present time. While conditions on the
Montreal Block Kxeolmngs have been very
(iubt during the past week, business nn the
vrholo has been good and prices have been
generally steady. Cvnatdsrabl lnterstt
was taken In the annual meeting or tne
Canadian Paolflo, which took place on
October I, and in the subsequent announce
ment that the company would Issue lan.ooo,-
000 of new stock at 175, A large proportion
of this new Issue will be used for the re
tirement of the company'e bonds. Shares
of the various copper companies have
been active during the week and prices
have been generally steady. At the close
of business traders here are In a waiting
position, ready to take advantage of turns
offering in cither market,"
THE BOSTON MARKET.
Boston. Oct. B. The market for copper
shares was quiet with tho tons steady.
North Hutte was the dominant feature,
the stock selling to )! nnd closing at M.
flreene-Cannnoa continued active, easing
off after a strong opening. The industrial
list was featureless. Edison sold up lo
27H1-J, but sold off a point at the close. Halls
were quiet and steady. The summary:
Open- HHIi- Lew- Cloa
am Am Inr
310 .rlf rnrnmrrrlal
10 ltnstnn A Corbln..
ro iiuiie a imi,. .... 4'i
lo Hutte A Superior.. itl'.J
4077 HiiltrAHiinrlthta. 1 M
lfU Oitumrt A Ariz. . M
17 (Vitumal A HrrlA...'ilU
to assure Kood crops ror next ear. Aside meiit In shape, and otherwise repair the dam
fiom the gnat grain ctops. the president ago ol last year "'1 he August net decrease
of tho North-rn I'.iclile pnlntnl out yes- in earnliius. nftor some gross Increase,"
teid iy that th fruit cmp In Wushliii'
ton and Oickdii Is exceedingly fine. Since
AURUt-t 1 the numlii r of cm loads of
Irult movid by the road ha dnubted over
what It wis last i-nr. The roml has
taken out 3.:!n0 c.iilo.uls nf the soft fiults.
Iicrr.es, peachi s and nn Ions, that have
been inuvnig i'i'ii-b August 1, as against
I. Soi) ens last i.n. The iii'ple crop
when has Just lit iin to nunc is large
aral should n ach u imni-:, Hon of .0lo
i nloails. iini. Di in of apple R'irart has
a standing onh-r lo ship il.oi'O tmes nf
iipples lo (ilasanw. Siothuul, each we lc
111 spite of Iho fact that the tir.iln crop
has lii-en moving rutin r slovvlv to market
on m-couiit of the heavy ruins. Mr. Klllott
s-i)ii Hint the Noithc-n I'.iclile Is loadniK
a mm Ii grcatrr iiumhcr of ens on !'h
main line than nt this time hist tnr
Tlie ro.id hn.s u deirrce or scarcity of cars
In the tcirltoiy west of TPtter Hoot Moun
tain. No serious shortage us yet, how
ever, has been iifperleilteil. Mr. I'lllott
Indicated nevertheless tint the question
of car ithi'itngti may be xiec'ed tu !
roino mine . serious later. .Shippers ils
well n.s railroads have been forced In
hit" years nf dull business to curtail
freight handling equipment, nnd as a Je
suit waii-houk'-s and Mornre facilities nre
limited fur the big demand that now
curncs upon them.
The Northern I'irlilc will hnw larger
minims ui the i rid nf this ilral year
than it did la.-t. In Mr. II.-llii opinion,
this In spit- vf the fait that mainten
ance char res will be latg- as a good denl
of lnbur Is living cTnplnv.il now on all
vvoik possible against u possible short
age of labor next venr. (iios earnings
fur September will probably be at least
Jseo.onO In nxees.1 of ScptemU r of hutt
ear. The road will duuble liack tt
line over the Cascade Mountains, n dis
tance of twenty miles, it a cost nf
II. 'ioii.tiiin, nnd will hnve It done before
the S.in I-'ruin iseo-lMnnma e-iisltiuri.
The mad has Just ordered fifty Mikado
and ten Mallet locomotives. It is under -smi.d,
ct a cint of nbout ?l,:r.ii,iiOu
THE BANK STATEMENT.
Its weekly statement of the Clearing
Houas Institutions compares as follows
lth the figures of the preceding week.
i. . wcric, prey. wi-k.
Il,l,7,000 Dtc 17,7I,00
2::.n:,oou d,c. s.cis.ooo
7,413,000 Dee. 1,006,000
1,797,014,000 Die. H.tSI.OOO
4,344,009 VtC StJ.uuO
't ilepoalin. . .
Banky oab In
eaih In vaalta
lr iu, re.
rr.nmbf ra . . .
8S,82,000 Die. 1,107,000
. 341,090 Jac. " 'Ytil'cb
4,7t0,t0 Ueo. lW.c
ACTUAL CONDITION, '
jf?,1" u.tt,on,ooo Dtc.$tr;ili,ooo
wrai tanilere... 1,717,000 Dc 2,1(1,040
1,713,410.000 Die. 11,700,000
ii,uii,vuu inc. la.viu
iii' caab la
. "h In vaults
flr caih res..
fn a a
111,101,000 Dee. 1,(11,000
11074,000 Dte. 1(7,000
. V. 1II.,VV W... V,I,IVV
klliu appended table tWee the perceatago
th more prominent banks and trtwt
ok of New Tork..
gak o ManbatUn
Na?lTl.e.in i.k!'thaD'f 1 National. ..;2i;t
J!nS of Commar :o..
Cer '."iiirM nautnai zt.9
V-arn Kxchanaa -n t
7?.V, national it.3
?'H National ! ....
N"ni: :::::: :::?(:
" iw v asposita oi ins Danks
l' Vl(') (I'll "S li"!liin li b inUr miry
in lilel e.ierl.n mr-ilriHi tt-r l.iauul I uin
naiiv . ar-tlei .t n ll'iii." . i UhiKs uml s.ilis nt
II ,i-il '. v.i i Tumi, nit' v.'rt-t hy i.ei
lltilientiline. , uti.-iir rnr rner ercillliirii
M.nle !. f-T-C lnicianlln.ml lliu WnrUi., J.VO.
ew v ur' M" li.e ami S-ippi- (imii.in . sm'i
It was o!ee I Unit tl.e enri.ti.oi I, in'ihtnt
nrul m.nle pri fej'-.iifil ii.c iiienis .i'ldm Mani
niiliiilnle l S.nn ii-l H L- iilinls rrii-K-r. Iioml
Jlll.o-. Willi ieri-1 - -le'l tu I Ii: r e,i li lf.(rs,
for liicnlv da s It'll lucirlnjr co .itilluitltins
as Rnli. on niuitlratiu'l of Leo (Icpetililllner,
who mid Him 'I' Halt'llPei. aie r .last m
IliiPltral cwt-. -I". l'l tiie s.iMie anil llic tiirilile
nil. line to pour Ic-fl'ii-k hllil flllllin nl? In
fnle on hecii- nt cf ire ihnrlcr in Ttir-.t,
(i-lr I vlree'. .. Iu i 1 I ill Mite It finneris wss
Tie u-itl for Sept-inbe anil llit.itu has rmr
le i n i'.il l and II. c lan.:i..n tVcjtrn i'i-ih, -priicc-illngs
I or olne tlnjr pn,t ll.e eiit.iii.mr
liui teen 'in-ible ti rm-i t (Is lnilrlitnlric.s n
ll niapirecl rrianv uceo'jriis are lone ovi-nji e.
i renters were i lamnrlng f"r I I.r I r tnnnri ami
lln re was mi f'liulu on li.oiil to paV them tlr nl
strrri i tisik awni the comnaio s rnllug In J uli
Ian The cornpftlll wits iaciirliuralcl nn
hcptcmlier I. Hh, be Ijuds lirlnli.irdl ami
otlirrs with cap ml utin-ii IHJ.(in, whlca win,
Ircrcnel to l- ! In Mav , lain. Mr. Hdu
l-.arilt rlilulrev i March, mil. Louis Hau I
pre! Irrit and Irr s irer.
V. H. IIUHI'.KTS n vt'AN'Y A rNIIIon In bank
rupn - l-ns bi-fii niel nrila! I lie- r. K. Iloheria
C mipnn . ibsle- In Pi.i1! its. i.!ifet metals, ,r. ,
at It ChftMitier-. i.treei, b Uicns cnslllors
Wheeling ( iinigsllng Cninpam , Kl 1'. T
lhiurerfiinl lir,i-.s aul roni cr Cornponi , tbrio
snd Merrhsni A- I van1-. l.i. It was nlipcnl
that tin- coiniM") Is Insiilv ent anil ailmlilril
In w riting In.ilnl.H la rn lis ilehie. Liabilities
nre 117 "o arnl n.ff's linim bimli value. The
MherltT i-. In iiii-.es.lni, nf lhe inure
ItMiliv !' iulii-: roMI'A .V jmigs Hand
tins api 1 (irr.rire .1 Tin i mi --on retrkcr
fnr On Many i I'tnnir ('oniphiiy. rerUi iraut,
nt 1.11. anil ri: Tlilnl avenue, uml fnr Harry
i.llno'C. II' - ileal'r ut Pith ureet aiul
llrnn lwa . u'tn tv ihnrlli' to continue buslners
liftten da- in -I In lst.i.11 recehers ccrd'lcsli i
fnr ITo i."d t-V' lespritlveiv. Mr. lillmnte
I. pri liilcnt of II. o i rjiTtp.ifi and tin affairs of
both nro InteitnlnirKl. Tim Hnbllltlea (if the
comi'ni" a e e-niiiatnil nt i mid. 'I he aurels
are niohlemnllral ns. tlie ore ( uvercii b a
ihattell m-rUaB of i.iii to lhe tirnrge
Llnet llrrvv Ing t'enipnny.
Import anil nxpnrfa.
The Imports of specie at the port of New
York for the week ended October fi were
3iri,::5 gold srid i:io,l.17 silver, making a
total of $V!3,r,2, agalnr u total of 10(14,112
in the preceding week nnd tua.M2 In tho
corifsponding week hist year. Blnco Jan
uary 1 tho imports of spectn amount to
$24,iOO,H4, against 117,3ns, S20 In tho cor
responding period last year.
HThe exporta of specie from the port of
New York for tho week ended October S
were $30,(100 gold nnd isv;,54.1 silver, a totnl
of Hi:, 513, ngalnst tt,4tr,,-.'b. gold and silver
In the preceding week nnd l.',04f),478 In the
corresponding week Inst year. Since .Jan
uary 1 the exports nf gold amount to 132,
72i,2Vi and silver to .IM,7.12,25I, against
tu.oiH.ooo gold and !-'l7,ftlo,n:i7 silver In the
corresponding period hist year.
Company unit Term, filock. Ami. Payable.
lirciric iiioiiirs i-orpor-
utlon, qiiuricrly 1
Klu trlo litllllleM Cnrpor.
aiinii, iurton" com
Msalcuu I, I K li I ami
Power, quarterly com
Mnlcan I, I K h I mml
.Tower, aenibunnuul,.. pfd
lit. It. Worthlngton,
, saml-annual pfd
s-ild President Markhnm yesterday, "was
called by putting equipment In shape for
lull business, involving heavy equipment
charges temporarily, and by increased
cost or fuel nn account of higher wages
uf the miner and by somewhat higher
wages of employees In general,"
.More .lntlslr nf Cnr Shorten.
'll.e present active demund of business
on the equipment of the railroads of the
country Is reflected by the fortnightly
bulletin or the American llallvtav Associa
tion us ol September 20. On that date the
report states that there was a net thortage
of Idle cars of I7.7IW, Two weeks before the
shoilago was s,i;:ii, showing an Increaso of
U.I7U In tlm shortage. The net shortage
of coal cars during the ierlod increased
from u,n.i to .'i.vm and of box cars from
14,000 to more than is.uuo. The present
statement Is thought to bear out strongly
previous prophecies that the fall truffle
this year will lie the heaviest since 1M7,
and It will undoubtedly give rite to further
talk of the difficulty the railroads will ex
perience in Inking rare of tho country's
bnliiess year ago at this time there
was n net surplus of Sn.Wru cars, the report
ut that time allowing a decrease of 14,243
ears from tho previous fortnight.
I'olltles nnd Blialneas.
As rennrd- the old question nsio whether
or not the present Presidential year has been
an inttiience toward restricting busineas
the Fourth National H.inlt of this city in its
monthly circular Implies that politics has
had some Influence, saying that "politics
has not been nn important factor In business
affairs this year, but there is likely to be
a material expan-ion In general trad as
oi.n us lhe elections are held." Kiplaln-
in.- lhe stand taken In tills mailer it goes
011 lo say "Tins Is bec.'iu-e great iiiimbsr
of enterprises are uu.lly held up pending
lhe outcome of a l're-ideiitlnl i oiliest or
.inlii it is known how the next Congress will
-lainl It seems fair lo ussiiuie that the
'.unpaiioi will end w iihoiit any unfavorable
developments lo iiu-etlle business affairs
and 'hit the present si niggle will pass
inlii history as being one of die most inter
esting that the country hasNeen and at lhe
same lime one which lias really onertsl
Hie least possible disturbance to general
A Chicago Oplnloa,
On the other hand the National City Bank
of Chicago Is unreservedly of the opinion
1 1 1 ,-1 1 politics has exercised the minimum
influence upon the country's bin-iness. Its
niorilhlv fliiniicial letter treats thematter
iis follows- - i may be said that at no time
for n geiieiatlon has politics been less of a
factor in the general business situation
Due reason for this may he that the long
drawn out preliminary struggle for the
nominations In a sense wearied people of
iho whole affair anil because of the strength
of undei lying conditions and the early re
vival In many lines of trade the disposition
of business men was to Ignore the campaign
altogether nnd to put forth every effort in
the direction or building up their own busi
ness and contributing to the betterment
uf general conditions throughout the United
States. In other words, the business men
have conducted a constructive campaign
nf their own which has been vastly more
Influential ss a factor In general business
than the confused doings of thepolltlclana.
It Is well that this lias been so, for under
no other conditions could the country have
witnessed such sn Improvement In mer
cantile affairs as hss taken place."
II, 51, Bank Clearings.
Total bank clearings of the United States
for tha week ended October t, 1013 (one day
estimated), according to the Financial
Chrnniclr, were l4,tSt,603,f;B7, which com
pares with tJ,30S,S43,401 for the week ended
October 7, 1011, Compared with last year
total bang clearings increased 23.: per oent.
New York city reported an incrsase of
27 8 per cent., Uoston of 2f,.s per cent.
Chicago of 17 per cent, an.t New Orleans
of 13.1 per cent., while fit. I,ouls showed
a decrease, or 17.3 per cent.
Wraltra Dry Goods -l(natlaa.
Chicago Marshall Field Co. say:
"Wholesale distribution of dry goods dur
ing the week Indicates that retailers are
experiencing a good fall business. As
stocks now in hands or manufacturers
and retailers are smaller, the Influence
of a week of good business is notloesble
nil nlong the lino. Many reordsrs are be
ing received on fall lines and the shipping;
department has been kept busy night and
day taking care or rusn orders. Kales on
the road are about even with last year
and well anraa ot miu.
The Week In Montreal,
Discussing the stock market in Mon
treal during the week i.oiinsbery A Co.
nav: "Montreal stook traders have shown
11 disposition during the past week to turn
their attention from the Montreal Block
Kxchange to the Now York fitock Kxiihsuge.
Thn reason for this Is the aullve condition
thitt prevails in (he larger market at to
IU2 Copper Itange..,
i-Ti naiv vvrsi,
74(1 Fast liu tie.
eno liiroux.. .
11(1 Greene Can&nea.
7U Indiana. . . .
an Island Creek.
2211 IkIo n 01 ale., .
1. vi Ijike
tin Mass Con
tvi Mai flower - ,
3A6 Nevada Con.., .
7tc .North Hint..
2. V North I.1U0.
210 Okt Dominion...
10 Pond Creek
HO Santa I'c.
20 Si Marys Land..
271 II S Smelting....
160 H S Smelling pf.
44 Utah Cons..
71 Boston I'.levated .121 123 121
2 Hoaton A Maine... VA IKV IM
2- tlntlun A Me pf.. .117'i 1374 137i
1J3 Doaton A War pf.. to 10 SO
SS Mass Lie tif simnd 70 70 7 11
SO NV Nil A II. 13Vj now
10 Union Paclfte..,. 17IV lUH
17 West r.nd St H li., ai BIU
s West End 11 11 pf. wit m'
la Am Agr Chem pf. im lmu: 1001.' loo's
31 Amoskeat pf si si at si
a Am 1'iano pi so so so su
170 Am Pneu Service. H H i 44
644 Am I'neuScrnf... 21
3 Am Sugar. . 137U
11 Amsucar PL. ,mi
147 Am Tel A Tel. . . UllJ
20 Am W oolen pf . M
3 A li ft VV 1 fti
204 AHA W I pf 12
S3 Kdlann 278H
417 ltdlaon rl(bta. . OH
lio Masa Oas si',,
17 Mass (las pf.. 042
37 N f. Tel. lisi
13 Pullman... .ISsU
S3 United Fruit... .IM
3tt Untied Shoe Mao. M
120 iralted Shoe M pf. 5'i
710 t'N Steel 70'a
12 V a Sieel pf.. . .116
Sales. In it.
Ijoon Am Afri nem a..iot't
,vmi Am TAT 4a.. S0.
33401) Alia W 1 4a'.. 63t
3000 C II A OJl 4 9iH
HID C H A l)'4a re 1 . . . . W
mm Mass cias i'a... . 07
Sum t! Prutllivs 1033.. ss
inon If S Steel la 103M
1000 v r:na 4isa 1UI4.. nm.
BUT DROPS AT CLOSE
Fours of Haiti nnd Cold Weill Iior
CiuiKo n Covcrinj: in
SOUTH WF.ST M ()' KM EXT
Soutliprn Spllinpntid Aclivc Fn-
loading 11 Feature of
llla-h- Low- Clos
E fi a
70UO W T A T ta
CUnit STOCKS, CLOStNO t'HICKS.
- lit 10-10
nay Slate Gaa
Iji Hoae Cona .
llhode laland Coal
THE PHILADELPHIA MARKET.
I'HiI.iDH.rim, Oct S The slock market
here was firm to-day with Cambria KleH
the feature closing at S3'. 11 gain of ',; on
heavy transactions, bonds were steady'
,vi Am Cement
KB Am Hys
ID Am Smrltera.
7IIU Cambria .Sleet.
so flee Ntiirsa-e Haty Ml
Nil liner Melrn 21',
44 KeihtnneTrl .. II
ai Ijike "uiierlor M'i
.4 Lehlilh N.II Wi
10 l.elilnli.N irusl rltsisv
sso 1-11111 v auey ,
-so Lehlth ValTrau.
so North i'enua.. .
23S t'enna It 11
3 Penna Salt Mf
HO I'enna Mcel pf..
20 i'hllaCo. . ..
14 Phlla Co pf.
2il Willa Kleclrlc
70 Phlla HTrria. .
UiO Phlla II T aiorks
ISO lleailln .
pifui Toncauih Mlnln
no Union Traction...
1 IS United (lai Imp
13.10 US Steel...
lu) Weal N Y A Pa
20 York lty
61 York Ity pf..
12O0O Lettish Valley Oa. tnd'i
1000 l-eh Nav lal His, Kin,
lull i-niiai o isioa
874, M 7 10
62,'i 62 016
0 14-10 0 14-16 Ut,
loon Phlla Klecls
3000 1'bUa l'.lec gold Oa.liuvj
anoo Heading lien 4a. . K),
2O30 Heading N J. . . . 06V.
200O Spanlth-Amlr (a .loll,
.soon United Ry goMls. 71
Ktal WestNYAPalalSa lMij
THE CHICAGO MABKET.
Cainoo, Oct. 6. Trading wus very
limited In this market with prices as a rule
showing no Important changes. Quaker
Oats common was an exception, advancing
to a new high record, Kdlson acts stror.r.
while a toed demand continues for Chicago
1'naumatlc Tool. Hears-ltosbuck waa firm
but very dull. Bond market unchanged.
250 American Can.. 44
Ml 110010 i- iaBsnes. su
The cotton market on K.iturdnv wus
largely coveined by vvrathcr conditions.
Ill face of rather poor cables the mar
ket opened steady nt an tidvmie of 2 to
0 points nnd made further sharp ruIiis
during the fori noon. Koine of the bis
people seemed to bo giving excellent sup
port nnd there was quite an active cov
ering movement on the part of room
shorts, who were mom or Wss iilarmcd
over the weather situation Immediately
west of the belt. Over Arizona there wn.s
11 very strong low picssilie intended by
unusually heavy rnlns und soino snow,
while another pronounced area uf high
pressuro has mode Its appearance In the
According to ndvlces from New Orleans
It wns expected that this combination cf
barometric conditions would result In con
siderable rain throughout the western,
nnd possbly central belt, to be follow el
by much colder weather nnd possibly
rrost Tho effect of this prediction wns
seen In the steadiness which puvnlleil
throughout most of the forenoon nnd the
absence of any pressure on the nritk. t
until a short time before the close. It
was evident, however, from subsequent
events that tho market wns bearish nt
heutt, for when n number of selling or
ders were received from the .South, coup
led with rcMirls of a iicoid breaking
movement In tho Dallas section of Texan,
the market became fully as weak us It
had been strong early In the session nnd
closed within 11 Isilnt or two of bottom
for the day. That picvalllng sentiment
Is ngalnst the markit wns quite appar
ent from the tiatuie of gossip mound the
ring on Saturday.
The movement Is midouhttdly large,
while spinners, notwithstanding a lltthi
more Interest In the last few days, have
nnt been buying cotton ro rendlly n.s bulls
hart hoped ror. Some of the big Inter
ests who cnrllcr 111 the week were cred
ited with ndvlslng mills to hold off fpr
higher ptlos hnveNattcrly been n little
more friendly lo the market, but it Is not
believed that their suppoit Is based 011
unythlug more Important than 11 sculp.
Ing proposition. Tho vviathir through the
belt on Mitturdny was almost perfect nnd
the reportid btorm oft the South Atlantic
roast appears to h.ivc moved north, away
rrom the belt, and was baldly conshleied
as a factor In the markrt.
Lnlcs.s the vvittthcr over Sunday Is rmr-
tlrularly Kid as a icsult of thu Westcin
disturbances theie was a feeling that tho
muiket would neul a good denl of sup
port to hold Its own ut the oneiilritr uf
the week. At the fcarnn time, traders rou
ble that tho crop Is late and lire tlicre-
foie unusually sensitive to nny Indication
for an unsatisfactory turn In the wen titer
conditions, itepnrts from the dry cood.s
maiket continue to be rather satlsfactoi y,
nlthnuKh the export trade In cotton goods
is sun light.
Futures closed sternly, with Prices fi
to 11 points lower. ltlm.ited snles 1SS.-
000 bales. Prices ns follrivs:
Open- Hlth- Ijiw- Cln. lrev.
Inc. etl el In ir ri.
"ember 10 M in 4 la 71 10 7t in 77
December... . It 01 it 13 10.00 11 10 n nj
January II 06 11 11 1:) 04 1001 11 ,f(
Uarrh II ;o It 21 11 n 01 11 17
Futures In Naw Oilcans weie as fol
lows: Open- High- Ixiw- Clos- Prev.
. In. et. rst. inr. cioe.
"etober 11.16 11 17 II (ti 11 ni 11 tu
Dtcember . . II 14 II 21 11 01 II 03 II 16
January .. . II lu II 27 II II 11 11 11 sn
arcn u.ss 11 15 11 3D II .11 11 37
Spot cotton here was unchanged, it t
11.23 for middling uplands. New York
ceitlflcateil Mock 77,2 IS bales, against
rji'i.JO last year. Southern spot markets
unchanged to K higher. Galveston, 11
-l-lfi: New Orleans, It 3-1 ii , Savannah,
10 15-lfi; Houston, J Hi : Memphis, ll", ;
Augusta. 11 3-16.
Itecolpte nnd stocks nt lending points,
with comparisons, as follows-
. Uerelnts. lull. S'nrlis. toil
nairesion ;6 4n Usui ;s2rn: 07711
..km wuraii-, 1 .-ivi -mil ,.!J3, 51 HM
Savannah N77) 2liru s? IPS 13 v-,
llreialnn . . . 22 212 2161- IS) 1(70 05017'
Meniphli . . 2 1171 3 22S
Autusta 2,-d7 4 42U 1114: 3i2S
. IMImaied l.nt Usi
. Iteeeliits to-d-iv. Week. Year.
fj'Hestnn 21 on lo :vi 3I.HI2 20 li-.j
Mew Orleans .1.0 m In r, roo ..0i
Liverpool spot cotton was in good de
mand, 14 polnls higher, nt OMUd' for
American middlinir on sales of IO.000
bales, Futures opened about n points
higher and closed points up. 1'rlcis
us follows :
Open- Hleh- Low. rios- I'rer.
. "s. "i. mr. 1. ne.
Jn.-Keh'....r..iij r, 13 a in b ni a nai,
iiir.-pril. . n I, II I r. l,,l.l r. 1.1 S.ftlU
May-June.. .,6 i; nil 6.11 6 13 012
1-eaillntr 1,iivi-. u,. 1.111 r-.... t.i.
Wilson. Itlordnii, fHIToril, Wild.
i.MiniiiK miicih: Jllichell, flwathmey,
Mcl-'adden. Fiederii lii.on, Allen.
I OTTuN N'lTns.
I.iveroiinl eiihleil - I.'m..p.....,,u i...nt
.. .......... , itiiii,-, iiiiniu,
doing for China ami Manchester for ills.
Hint deliveries. Knglisli spinners calling
H.-lberah am Ivlllf' A, I, I U.l.l 1.1 nn..
1 . ., .- 1 .,,.i . 1 ime
shier the crop as prn.-tlcally mnile uml
01 euiiiiiiHin vvnero any develop,
ments to be Injuilnus mut lo contlntioiis.
and that nny such developments would
affect the quality rather than the quan
tity." Jonmnl 0 Commerce said : "The lead.
Ing duck mills have order ahead tlmt
will take rare of their output for five
months nt least, and while theso orders
are not for pressing deliveries nnd can
run along for some months, there Is no
lenaon why a mill need worry about busi
ness in the near futuie "
Liverpool weekly statement shows stock
of Arneileun cotton .13000 bales, ngalnst
352,000 Inst week- and 121,000 Inst year
At Minneapolis Iho elevator companies
wero largo sellers. There wns less covering
of shorts, Many nro bearish on thn big
crop, better weather and expectations of
a large liicieasii in the movement of thu
crop at the Northwest In the near future.
Corn looked firm early, but later declined
ii little, although the prediction waa for
unsettled weather. Already there nro
complaints of soft corn by reason of reoeut
rains. Tho actual weather yesterday,
however, was favorable. Tho cash mar
kets were easier. On tho other hand 'coun
try offerings were small. Homo of the
Chicago bulls bought on the setback,
Oats wero without rpeelal features beyond
the buying of May by Armour and the
selling of December nt 2j,'o difference.
Wheat on tho spot was firmer; closing 1
prices, f. o. b. afloat for export, rail basis,
No. 2 red to arrive, li.nt'i: No, 1 northern
spring, ll.m: No. a hard winter, II.IOV;
No, 1 northern Manitoba, 11,02,','. Hales
wero 31,(Ka) bushels for export. Corn was
firm; No. 2 white, nominal. Oats were
steady; standards, 30c,; No, 2, white, nominal.
Ityc ijtiotcd No, 2, cso. c. I, f. Buffalo,
Ottobcr shipment car lots; Htnto, Penn
sylvania, nominal c. I, f, New York, liar
ley Malting, CO ct 7ik p. 1. f. iluffalo to ar
rive, l'rlccs were as folio .vs:
Open- High- Low- Clos-(Prev.
Wheat: Ing. est. ral. In. Close.
Dicemhrr Id) loo oove wis irat
II -.y .... null
CniCAoo, Oct. 5. Prices were as follows:
Open- High- 1-iw- Clos- Prev.
. Il2'l'-I? 03W
May ... .
Allow ed nn accounts from 110 to 13,000.
Deposits made on or before Oct. Mn, draw
tnlsirat from Oct. 1st.
llijl.000 on deposit with the State nf N. Y,
We are cntcrfn our 72d year.
Hanking by mall 10 meet your convenience.
I1A.NS MA DM ON.Wr.l.t, HATHD 1111.1.1
HncmvAitLi: and othkh good skcuii-
Call or write or tooklil. Til. tl!t Bttkman
CLARKE BROTBUS, Bankers)
1M NsMsusu SI. (Tribune Oldg.) Eat, ISO
IS YOU ft MONEY
If mil, write us to-day for our prnapecltis and
financial statement. Ourhuslneas laa mine money
making one, pad ciperl mental Mate: the pn,.
albllllles nre great: commission to brokers. ONKI
DA MILI.LNO COIIPOIIATION, Oneida. N. Y.
FOH SAI.K. ail.OOO.DO, 7 Preferred
atock bearing 7"d per annum, redeemable Jan'y,
1014, at (1 04 per share, aerured by all aatcls, lu
chiding re vl esiate and buildings or a profitable,
alaple manufacturing plant, A safe, rnnaerva
Uve lnvestminl, w III lake a good farm for part
pay. Addroaa HOLZtt OHTll, L'tlca Obaerver,
Ullca. N. Y.
1 oiruo. ....... uec 111?,
Kansas City.. Dec s7,-7
St. Louis.... Dec
Winnipeg . . .Oct.
Kansas City.. Dec
St. Louis, .Deo
34 S 31 ll
in. est. en. ing. uioar,
Sl'lf S04 SSI I KMU sau
ssS ss! ss '
Vlll-U Vila 3!
1141 mi, mi, 11H,
112' i 113
M? SIM SH 38,11
144 Chi I'nru Tool... .
60 Oil llysertea J..
26 Comwllh KoTaoa
20 .National uaroon. .iza
100 Inter llarvealer, 124
no Ihib Service pf., . .ion
la) Peoples Oaa., 117! j
161 Quaker Oats.. . ,114
100 Ssari-lloebuck... .214
so sears-Hoab'k pf.123
20 Sw lit A Co 10714
200 U S Steel 7!j
U Union Carbide..., 106
tioflO Com Kdlaon ti....l03U
loom Chi liy Ba... ,M
2000 Met (fold la, ... XI
60UI Tslcpbooetl., ,. 101
231," 231 (
Olrl Babies Blrona;rr Than Bora,
Frtim th CHratn TViounf,
Tha "weaker sex" is really the stronger
sex, according to a communication made to
tha Academy of (Sciences by Prof, Daman,
a French naturalist,
Ha points out that the male is feebler
than the female In Infancy and for this
reason nature has ordained that more
malos shall bo born than females, Hut tho
proportion at birth dwindles, The remain is
stronger and does not succumb iH easily
as the male. Director t'arvalho of Hie
Polytechnic school concurs In this Ihonry.
He says girl babisi are stronger than boy
THE GRAIN IdARKETS.
nrnt Iierlliird on .Store l'nclfte
Xevts From IliirnpiCiirii Loner,
Whent declined mainly for two rensnns
First, the polltlcnl newa from Ftirnpo wns
rather more pucllle, or wis conshleied fo
by grain people, iiikI second, the .edict inns
or an impending big crui) inn.ement in
the Northwest arc bcoinlu,; louilsr owlmj
to an Improvement in the wcaflur there.
Yet It Is also line Hint Liverpool' prices
did not reflect vciy peiceful hlens Tiny
advanced i to ',1. Ili'dnpest 100 ad-
vnncou r,e Paris moved up 1, 10 (t.,
Antwerp was unch'iiiged lo '.o. Iiluhsr
Also the forcc.ihl was for colder weallicr
Willi Hiioiv at the Nnrilivvesi 1 1 a re t might
retaid tho luoveuienl of lhe cruti. At
Omaha eMioilerH inlscd their bhls half r.
cent. Al (lie soiilioanl .'i.'.ooo liimieM ((cr,
inxen lor expori. iho nmi'.il will c
nervous while war riu-.ors 11:1 ;he ,n
Hut priced got n srilink nl' a rem 1,11
liquidation due lo Iheaiip-iiviuly l,-v, 1 ',r,.,u.
ening niillook In Willie isicm Luropi.
COTTON SOLICITOR AKO
A will knoi, 1 . i,ir,n;e 11 i.ic nbi , s, M
York llioili ami 1 .1 mn 1 lung imli g .m -private
wire 10 nice Ion, an I -n 1 siahliklie nails,
la ilcklinus ol ciiii!iii a iikiiuu, lie 11 oi-v (,. ,1
rollnn man wlih -ail.faclor 1 -feiencc- a une
clientele lu lake cliaiire of tin i- nmun i!i imi .
inept, Appllcalliins will be 1 inii.il u-i 1011lldcnll.il.
A. V., boa 106 Suu otllce.
50) i 40' 1
ISli 40 41M
rot? 40'i 40
Tlie grain movement was as follows:
New York: Wheat. Corn. Oats.
Kecelius. 174.O0 8I.11M 04.001)
Hlilpit'cnls ss.ku . 20,(i)
llcc-lnts . I6i.ti los.onn 42S.0110
i:.i-,iorls until 24.oti 7.M.i)
The .Northwestern wheat receipts were
Yeaierday, Last week. 1111. 1110.
Dlllllth (cars) &.'!0 330 464 2.19
Mlnncanolls. 3S7 333 3ss ?ai
Chicago. 81 110 44 f.l
Totals. . 1,(103 7C0 876 440
Among the buyers of wheut wero Harris,
Wiiithroii A Co., Pinley Ilarrell &. Co.. Ar
mour lirui.'i Cnmpsny and Kldstou. Hart-lctt-1'razler,
Logan A Ilryan and Ware A
Lclnnd sold. Armour drain Company
and Soincrs .Jones bought May oats and
sold Dei ember.
Minneapolis wired: Cash market steady.
.Mills excellent buyers No. 1 nurthern blue
stem l'i cents over December. Velvet chaff
I 1 cut under. Flour reports Irregular.
Some mills report Hour fales but others
Flour was firm with a modernto Imfilry
Spring clears, new, tl.SOQ 14.8.1; patents,
H.s',it;.M; Kansas straights, 14. 30'.i 11.40;
rye Hour, 13.Soull.ti).
Co IT re llluhrr nn l.lirlil Traallnig and
I'riivlsloas Are Active.
Coffee advanced on n little covering of
shorts. Also tho weather wns colder and
rainy in parts of Sao Paulo. The October
flowering Is being closely watched. Itio
was higher with (Santos Irregular. The
melius at Itio und Suntos were small.
Thn trading here, however, was so light
ns to suggest indifference to ull this and a
desire to await timber developments.
I offeo on the spot was quiet; Illo No. 7,
I4,n. Future closed steady and 9 to 1
points higher. Hales were 14,000 bags.
Havre was ;,' to i, fro. lower. Hamburg
was pfg. lower. Hin wns 75 rels higher;
reiolpts were 11.000 hags, against 11,000 lust
Scar, stocks ,i74,C4io bags, against .101,000
last year, tsnntos was unchanged; receipts
were ,14.isk) bags, against 87,OoO hut year:
sioiks j.iiti.issj bags, against 2.302,000 last
sear. Sao Paulo receipts were SS.ooo bags
against 7:i.fsio last year. .luiidluhy receipts
wero 04,000 bags, ugainst 7u.wk) last year.
Prices were lis follows
est. II 14
14 11 -ill 16
March . 4.ono
May 4 40(1
October . 3.240
PlaiviHio.vs Lard was firm prime West
ern, $12 10. letlheil Continenl, 112.31. Porl:
was quiet, 1 mt firm; mess, liti .Vi'a $20. beef
was dull, packet, in.SodillS. Hulter-(i-eitnery
extras, :ii(.i:ii'e . firsts, 2HK'3
Ilii' c Cheese- Stale, wholtt milk, hew
wide specials, 17'(l7'ic; colored, 17'
17'jC. Kggs -Fresh gathered extras, mm,
3ic; flr-ls, Wa:wc. Chicago, Oct. 6. "Thero
was a lairlv good trade in provisions with
prices generally a shade lower than yes
terday's closing prices. The feature was
selling of quite 11 line of Dei ember lard und
January lard by a grain house which was
thought to be taking profits uml I hero wus
also con-iUcral'l" scattered realizing in
the .lunuary deliveries. A large exporting
house was the best buvor of January lard
again to-day nnd packers were credited
with buying October and November lard,
SS.isai hogs estimated for .Monday." Prices
were as follows:
Open- High- Low Cloa- Prev
Iinr n. est ci
October 11 47'i 11 44 11 411
December II 22'i 11 27'-i II 171
January 111 W(j II .; 10 W-j 10 2'i 10, 07!
IU.I.'j-jii iu.au I'l.li-, IU.I2J1 10, la)
w 1 ioa- prev.
II, It 47ij It iji,
y, 11 i7i H ni,
Oeloher .. .
January.. .19. 34
May. . ..id.07h
10. SO 10.73U 10.73)4 10.71
10.34 10,17 10.17W 10.24
10.07!i 10.00 10.00 10.07H
1S.37W 10.33U 10.34 18.37-5
I0.07H 18,03 J IS.03H U.03U
was firm; centrifugal 08
test, 4.14c; muscovados 89 test, ,1.64c; re
fined was quiet; granulated, 4.05ffSo.
Naval Stopes. -Spirits of turpentine,
42o. Common to good strained rosin,
DAILY TREASURY STATEMENT.
WASHINGTON. Oct. 6. The statement of the
receipts and expenditures of the Treasury ahows:
Yrsterriay. Tills month. Fiscal vear.
I leer lots 13 031.242 10,610.131 1181,034.011
Kipendlturr. 2,404.S'IO 0.163, 408 iei.30l.kJJ
Pencil. . 12S3.4M Sur. 1441,711 Det.t6.l70.8lt
The receipts from cuitoms yesterday were
;342,720; from Internal revenue, ordinary, 1074.314;
corporail-in tax, 114.090, and miscellaneous 179.-
3Si, National bank notes received lor redemp
The raah statement or the United States Treai-
urer for ociooer 4 snows:
Hold coin and bullion, . . , 1140.000,000
To fdeemoutalandlng certlflrates. Jl. 450.716. 163
National bank notes
Certified cliccU cn hanks
Deduct curirnt liabilities
Worklne balance In Treaaury,...
In national banks
fill v ei bullion, subsidiary sliver and
BY YII1TUE Or A JtJDflMr.NT ef forealoaurs
rendered at tha April Term, 1011, nt lhe Superior
Court for Person County, Norlh Carolina, In rs
"PHILIP KAIINSWOHTH. THCSTP.K." va. THR
PKHSONCONSOLIDATKUCOPI'KII AND GOLD
MINKS COMPANY, 1 will.. Trustee, on October
7, 1113, al 11 o'clock noen, ai the Cmirl Hour
ai pumic auouoa, 10 ine nigneai Dinner, ine roi-
lowing property, in ine tana in Aiiensvuie rowa
ship. 7'eraon County, N. C, ndjotnlnc landa of
door. In lloiboro. North Carolina, expos to aal
nt 1, i.iii.i, vi ai- , vwiiiviiiiiis , hkihi man
or less, known as the "Yancey Copper 'Mine,"
and described to a deed, recorded In (look N. N.j
Fagas 441, etc. In lleilster'a Offlrs nf I'eraoa
ounly. (li All mine,, mlnerala and mineral
illlits, kirludlng rtthta of way, water and any
and all other rights aecrasary and essential le
mining purposes. In, upon, pertaining and Be
longing 10 the tract of land In said AUenivlll
Townahlp and ltolluway's Township, adjoining
the lands nf the Coppor World Mining Co., el alt.,
containing 700 aorea, more or lea,, reserving,
however, (a) graveyard lot, (bl schnnlhouse lai
of one acre nn Vlrcllln.l Road, (c) dwelling house
lot occupied by J.T. Yancey, Id) all wood and tim
ber ana wood and Umber rights conveyed and
released from operation pf deed of mist, re
rnrded In Hook 1. Par 10, et fee,., in aald Rails
tor i OBee. (ll The Und In aald AllensvtllaTown.
stilD. bounded norm and wrest bv land of aald
The Person Consolidated Copper and Gold Mine
company, eaai oy nirnani 1 norpe ann aoum ny
Harry I .ally, containing 120 acres, mors or lets.
(II All the machinery, engines, toilers, air com
pressors, tools and Implements, cars. Iramway
or other vehicles of conveyance, live atock, fix
tures, franchises, corporal franchises, rlthti
and prlvlleresjncludlng lefal and equitable rights
of vrry kind and nature, and all properly and
rlrhtA enumerated In two deeda of truat, re
corded In Hooka No, 3. Page 10. et aeq., and No.
2. Page 390, et aeq.. In aald Registers OfBc.
reicrciic 10 wnicn is nerDy tnaae.
Dated this 6th day of An rust, UI2.
PHILIP FAHNSHORTIT. TnitM.
LUTncrt M. CARLTON. lloiboro. N. C. Cans
dill lo Hub Ticiisury to hanks
I (.1 bj l,.il.ka 10 r'llb.Tieua.iry
ti.s tu banks 1111 ihiy'a tiairiac
I lima . , ,
Iiosh In lmnk.1 tainu period pre
Third week Hert . 145.671 Dec. 13.0U--.
From July 1 113,111 Dec.
Cheaaptake and Ohio:
Fourth w'k Sept.. !41.13!l Ine.
Month 2,117,101 Inc.
From July 1 1,901,711 Ine.
Chlcairn. lnillauanolls and lvulavlllsl
Fourth w'k Sept. . 1114,223 Ine. 112,33')
.Mmitn 2i,eo: inc.
From July 1...... 1,737,477 Inc.
Colorado and Southern:
Fourth w'k Sept.. 111)1.105 Dec.
Month 1,243,4117 Dec.
From July 1 3.417, ii40 Dec.
International and Great Northern
Fourth w'k Sept.. 1116.000 Inc.
Month 1 , 1 -J s. 000 Inc.
From July 1 2. 301,20s inc.
Tcxaa and PaciUcl
L4H, sol Inc.
I, OHO, SID Inc.
Fours h w'k Sept.
From July L.
Th Chicago, llurllngton and Qulncy Hall
rourt Company reports to the Interstate Com
merce Commission lor August:
Total oper. rev... 11.417,916 Inc. 14(19,911.
Total oper. tape.. 4,174,632 Inc. 14,937
Net opr, reva.
Total net revs.
Oper. Income... 13,039,447 Inc. 1440,031
From July 1:
Total oper. rev ... 1 14.711.906 Inc. 1723.711
Total oper. exps.. 10.171,420 Inc. 36,140
Net oper. rev... S,609,41 Ine.
Outside op., def... 11,124 Dec.
Total net reva.. 14.491,363 Inc.
Taxes 649,414 Inc.
Oper. income... 14,043.929 Inc. b74,21t
Tha flreat Northern Railway Company re
ports to tha Interstate Ciunmerrc I'omnils
aion tor aukumi
Total oper. rev.
Oper. expenses. .
Net oper. rev.
M.176,074 Inc. JkTMM
3,691,670 Inc. 467,717
12,943,303 Inc. 1301,040
From July 1:
Total oper. rev. . .113.344,991 Inc.
Oper, eipmsea. .. 7,420,ti02 Inc.
Net oper. rev
Outside oper. ..
14,124, 196 Inc. 1414,020
70,614 Inc. 16,149
14,194,110 Inc. 1429.271
672,743 Dec. 2,614
Oper. Income... 14,322,067 Inc. 1131,931
Dni.AWAI'.K AND HUDSON.
The Delaware nnd Hudson Company re
ports to the Interatata Commerce Conimla-
Ion for Auguat: 1912. Chnniea.
Total op.r. rev... i:,210,86 Inc. 1S9S.1U
Total oper. exps.. 1,204,170 Inc. 164,134
Net oper, reva.,
Outside op., def..
Toml net reva
IV.1111 Jul) 1.
Total uper rev .
Tout oper. exps.
Net oper. reva. ,
Ouialds op , ilef, . ,
Total net reva,,
1 1,070.6X0 Ine.
Oper. Income... 11,716,691 Inc. 1173,411
NEW VOI'.K. ONTARIO AND WESTERN,
The New York, Ontsrlo and Western Rail
way Company reporta for Auguat:
11,021.11! Inc. I72,:i.1
491,690 Dec. 24.11Z
Cross earnlnga . . .
Oper. exps. k tax.
From July 1:
Groaa earning.. . .
Oper. eipa. A tax.
141)1,122 Inc. 1171,4(1
Import of Dry Gooda and Mcrcbnu
dle. The Import of Art goods and general
merchandlaa at th port of New York fur
the week ended September 21, compared
with the correapondlng weak In 1911, follow!
Week Sapt. 11. 1911.
Dry gooda 11,210,643 12,2i),lS
General merchandise 16,414,197 13.1SB.M3
Total 111,661,160 I15.76;,a7
From January 1 1
Dry gooda 1111,(71,147 1103,401,212
General merchandise 639,(26,602 644,932,614
Advertisements sad aafcscTintiona may
be left at these orncas, where la rats are
lit aame aa those charged at mala otDi vi
Mew York flly-Wall Street men may leave
subscriptions and ad vrrtlsements at the Wall
bircfl ofllc. 21 Uroad 81. Teieplioue 3300
llerCYnan 1164 Broadway, near 17 in St. 361
Weal 26th St.
Ilrooklrn 106 iJvlngaton St., near Court St.
Newark, N, J, - Frederick N. bommer, 110
Urnad St. Telephone 4660 Market.
Boston. Mass.- Iloom 36 Glob Bulldlnr,
Washington Sl.-T. P. Harrison.
Cklcaio, III.-910 aieicr llulldlnz-Cbas. P,
aiisiillc City. Ti. J.-Waller R. Kdt.
London, r.nsltnd-Dorland Special Agency,
a in-root hi.