Newspaper Page Text
THE SUN, SATURDAY, OCTOBER 26, 1912.
19 CE E Report Showing (5,038,000 Bales (iinnpil to October IB Is Xnxt to Rceord. simVI) liAROEST YIELD? Opinions Vnry ns to Perccntflo (iinnod, but Conservatives I'Ihoc It at 4(5. 5. r.Tiiicn roRECAST ron cotton status. per Norlh Csrollns, South Csrollna and Oorela, f Air to-day nd to-morrows ht est Htiil northwest winds. IV r Alabama, fair to-day and to-morrow; ilcht to moderate northerly winds. IVr Mississippi snd Louisiana, fair to- dtr snd to.morrnw; Hsht to moderate norlh tH northeast winds. IVr eastern Texas, fair lo-rtav ; warmer In extreme western portion; fair to-morrow; light to moderate northeast and east winds. For western Texas, rair io-osy ana to morrow Per Oklahoma, fair to-day and to-morrow. Pot Arkansas, Tennessee and Kentucky fair to-day ami to-morrow. rotten made h maximum advance of a little more than :o points yesterday on the more active option and held moat of thin caln "P to the close. The moving cause of the upturn was the census report on tho amount of cotton sinned to Octoher 18, which aborted .8:ia,0O0 bales, compHred with 7.7J8.0O0 Mat year and 8,2P8,ooo bales In 1908, when the largest crop up to that lime- 13,825,000 hales was crown. 'J he figures, ns mill be wen, are the largest on record with the exception of Inst year, but there was an evident disposition on the part of an Important element In the Irade to construe the report bulllshly and to take It as Indicating a crop of less than li.pno.ooo hales. In fact, one firm Issued a report based on replies from .Southern correspondents estimating that the nmount of cotton tinned up to October l repre sented S3 per cent, of the crop. This would Indicate a total yield of only I2,430.ooo bales. The conservative element of the trade, however, believes the crop is of average development and on this basis should rep resent about 48.. per cent, ginned to Octo ber td and Indicate n total yield of about M.iOO.ono bales. The report of the National dinners Association Indicates only 4 per cent, ginned. This is representative of the views of most of the South. The market showed the evidence of having heen somewhat oversold recently, and the appearance of fresh buying Induced a good deal of covering on the part of bears who did not wish to let their profits get away from them. Southern spot news also was rather bullish, particularly that which minted to the scarcity of high grndes and the de mand for them. The weather In tho Kant em belt has not been favorable and the quality r cotton has been lowered by rains and storms. Consequently those who are trslng to buy strict middling and higher grades are finding some difficulty in filling their reuulrementH except at advancing prices. 'I he low gratlps are neglected and their illspoaltion is n problem that will have to ho solved Liter in the hoason. Ihe BtatUtics fur the week were rather bearish 'lhe movement into sight was t77.5"j bales, against nTH.otin last year; total into sight for th season, .i.tMl.unn hales, agalnht 4.i)30.ono last year. Spinners' takings weie SftO.uon, ncnlnsl 40,",fioo last tear, making an inore.T"' in the visible suppls of :us.nno, against an tnercaso of 27l,ono last year Futures closed steady, with prices 17 to t points higher. Kstimatcd salts 4.VJ, 000 bales. Prices as follows. Open- lllah- '.ow ing. CM. CM. oeteber 10. in. 61 in 2.1 December.. .10.60 10 S3 io.cn January 10.67 10. S3 in 67 March 10.79 10 w to 78 Futurea In Mew Orleans Iowa : Open- min ing, est. October... .10.il II 10 December... 10.7 11 03 January... .io.so 11,04 March.. .I0.M 11.14 Spot cotton here was 20 points higher, t II. IS for middling uplands. New York certificated stock, 69.1 11 bales, against W.8&5 last year. Southern spot markets X to K higher. Oalveston u 3-18, New. Orleans, 10 16-11: Savannah, Hi 13-18; Hons ton, UH: Memphis, ll!(; Augusta, 11. Receipts and stocks at leading points, with comparisons as follows; Itecelpts. 1011. "'neks, the sharp rlso at Budapest attracted at tention. Also there was good .buying re ported In Chicago attributed to a well known operator who Is understood to have bought December and Mar. especially May, Many shorts covered owing to a fear of unfavorable war developments over Sunday, though British consols and French rentes both advanced. The future of prices' It I felt, hinges largely on the war in l.urope and ItaeffocU. Corn, though rather sluggish at first, became firmer later on In ayrnjsathy with the Increased strength of wheat. Liver pool's advance of to 'd. offset Increased estimates of Argentine shipment for tho week, putting them at 7.489,000 bushels, against .1,100,000 last week and none last year. A good deal of December ahort Interest has been changed to May. At the same time the weather at the West Is favorable for curing the crop. Hears profess to feel certain that the yield will turn out fully as large as any of the esti mates thus far made, not excepting that of the (lovernment putting It at something over .',000.000,000 bushels. There was no snap to the speculation. Die men are In it, but apparently are watching events rather than nctlnc aggressively nt the present time. Oats were firm, with offering moderate and no pressure of consequence to sell. The market, however, lacked new feature of Interest, Wheat on the spot was Irregular. Closing prices f.o.b. afloat for export, rail basis: No. 2 red to arrive, ll.OflS'; No. I Northern spring, tl: No. 2 hard winter, $l.02: No. 1 Northern Manitoba, U.O!',. Sales were iJS.ono bushels for export, part Mani toba. Corn was irregular; No. 2 white, nominal. Oata were firm; standards. nominal: No. 2 white, nominal. Hye -Ouoted No. 2, 72c. o.l.f. Buffalo, October shipment, car lots: State, Pennsylvania, nom inal c.l.f. New York. Barley Malting, ttoi 7fl c.l.f. Huffalo to arrive. Feeding, 43 lbs., ft".?o. c.l.f. New York. Prices were as fol lows: Open- High- Low- flo- Pre v. Wheat: Inc. est. est. tncr. Close. December 994, I00' (, 99', US'. May 104 1044, 1037, I04H 104, CHicioo. Oct. 25. Prices wern as follows: Open- High- Low- Clos- I'rrv. GOSSIP OF WALL STREET. Wheat: December.. May July Corn: October December.. May July... . oats: December.. May July... . Inr. n-M 97-H 4 mi &3i ssH-H ni S4N-'i 34H4 est. Mt, 91!, alii 52 S27 S2 SIS 34 H est. 924, 971. 01 4 sb 32 V, 32 SB tng. Close. S3 97H 94 H OS 97J 94U .13', 2. 32. J4S 34 M, .124, MH S2 344 84 H nheat: Minn.. Duluth. OTHER MAItKETS. Open- High tng. Dec M4-4 May.. M4-! Dec. SSU Mav.. MW (dun Her SAS Winnipeg, tlct.. 90i iieo. m Kan. City Deo 87 Mav.. B-' St. lauls. Dec, May., mi OatK Winnipeg ree S7i Corn Kan, city Dec 48'i St. 1iul. Dec 60! i Co Inr in :n in 7S in 77 10. a were Prev. (lose. 10 32 1(1 is in rji 10 77 as fol lajw esl. 10 81 10 78 10.80 10,95 Clos ing. 11 in 11 nt II 0.1 II 20 Prev. C!oe. in 82 10,78 10.79 10.93 naive ten.. New Orleans.. Savannah .. Houston Memphis augusia.... 29.SA3 13 079 18.970 19 838 4.643 4,618 15.3(10 14 0(7 19,734 si.srj 7,37 4.183 3.11.297 131.871 181. Ill 108.:o! 71.297 Clos Inv. 8. lit .vm': 6.97 Prer. Close, r..V f..M :..88' 1911 183.67: 72.789 212.701 1I9.2UI 93 (179 81.32, Port receipts, ini,85 bales, against 7s,f8 list year. Kxports, 92.587. Total for the season, 1,817,789, against 2,l8,tf4 Inst year. Kit I mated ljnt RerelnU to-day. Week. Year. Cllteston 21.001) to 22.600 26.8M 21,481 KfwOrleani. .. 8.500 to 9.630 lO.XB I0.2U3 Liverpool spot cotton was In moderate demand, 3 points higher, at 8.16(1. for Amer lean middling, on sales of 7,000 bales. Futures opened about I point higher and closed points up. Prices as follows: Open- Hla- Low- Ing. eM. est. f)e.-No . ,.V9l 8.01 6.93 Jta-reb. . 6.87 6.9414 6.81 March-April 6.89 6.97 r,.M Mar-June... .V90Hi 6.98i 6.8H Eleven A M. bids to Liverpool: December, 10.7.1, January, 10.76, March, 10.92, Leading buyers Schill, Mitchell, Carpenter, Wilson 1 reeman, Tilordan, Olfford. Leading sellers Hentz, Lehman, llopklns, Owight, Wlccln Ou.Moens, COTTON MOTES. New Orleans wired: "Ocean freight rates t highest level ever known. Exporters ars Mill booking freight room, thus in (Heating enormous forward engagements. Another New Orleans wire: "Hood de Rund for spots here at higher quotations." Annlstou, Ala., wired: "There is no con- jettlcn of spots in this part of the country F.ery bale Is being onapped up with great avidity and at full prices." Little Hock, Ark., wlrod: "Short staple cotton selling ut 11 to 11,' cents all parts this -rrltorj, with plenty of buyers for eerv linle buvHjinah, Oa , wired: "Spot demand good nl the highest basis of the Reason. Offerings llmlteil est, V4t 88? 04 sj; Do's SSVi s7; : R4S P8J 34 I)W. nt. y 98H Si. 881 fSi 88H SM 98' 334' 33'a 34), Clos ing. Ii 94 8S Sli SSl 87 Sif PS'-, Prev. Cloe. 94 881,' B37, 884' 1)1 ' 88H 87' p: MW 1911. 164 399 10S 797 48', 48S 48'i 48t ni in m)!J .inn The grain movement was aa follow: New York: Wheal. Corn. Oats. Rye. Barley. rtecelnls 235.000 ll.rm K7.ono 1,000 83.om Shipments. .237.00') 7.000 I3,ono 17.000 cnicago: necclptc. . . DS.onn 217.000 7 1.0m i8,non 140.0m Imports. . 68,000 79.000 492.000 8.000 27.ono The Northwestern wheat receipt were ns follow: Yenter- lAit day. Week. Duluth. 661 643 Minneapolis 498 646 Chlraro 62 102 Winnipeg l.uou iw Wheat lincludlng flour) exports from the United States and Canada for the week ending October 21 as reported by telegraph to Brarintrtrti (report from Oalveston not received) aggregate ,S6.oei bushels. against :.,783,t0 bushels last week nnd RO.0I8 bushels this week last year, ror I lie seventeen weeks ended October 24 etporls are 88.oio.33T bushels, against so,- ;(80 .29a bushels In the corresponding period lal car. t'orn exports for the week are I2'.i.i:i bushels, against 57.681) bushels last week anil .')'.". lid bushels in 1311. For the seventeen weeks ended Octoher 24 corn exports are 1,324,780 bushels, against 10,032 30". bushels last year Buyers of wheat included Nye, Jenks, Seaverns and Hartlett, Frailer A Co.; John Harrett. leogan A Bryan. IvrltJ! and Fitch sold. Corn was sold by (ieahart Chicago wired: "There were deliveries here yesterday on October contracts of I0.7.V) tierces of lard, It was sent out by Morris." The Mndtrn Uitlrr say weather condi tions continue ideal for the winter wheat crop. Further rains have fallen, givln late seedlngs a favorable start, fanners are selllns their old wheat freely, the largest movement being of hard winter. Aduces indicate that the soft winter wheat left on tho farms east of the river la unusually small for this season of the year. Flour was Arm and moderately active. Spring Clears, new, 4.60i4.73: patents, 4.90'i$3.35: Kansas straights, H.3Ji$4.so. Itye flour, I3.B0I4.10. Rzteat of the Declines, At yesterday's low price some note worthy losses were recorded In the actlva stock as compared with the level of Friday a weak ago, A comparison between the two date shows that Steel common wa off tH points; Amalgamated. 7),': Heading, 7J! tohlgh Valley. H; Canadian Pacific, Union Pacific, 4Hl Smelters, 4,',': Northern Pad Ho, 4H.and Bt. Paul, s, In tha leas actlva list there were decline in the stand ard Investment Issues Ilka Central, Atchi son, Baltimore and Ohio, (Ireat North em preferred and Pennsylvania ranging from 2 to 4 point. Compared with the high price of tha year, most of which war reached aj-ound the first of this month, the losses were of course very much more extensive. It i pointed out that the heaviest declines In the week' fall have been made by United States Steel common and Amalgamated, two Issue which have been mentioned as the principal objects upon which the recent enormous liquids tlon by Lurope converged. Waiting; Till the Clnarls Holl By. F.very ordinary trader or Investor finds It difficult to buy stocks when they are cheap. When they are cheap nine people nut of ten are laying so much stress upon unfavorable factor that the customer feels they are going cheaper. He prefers to wait until there Isn't the least little speck of a cloud in the financial sky. He thinks If he wait he will be taking no chances. So yesterday at the low prices the rank and file thought It a good scheme to wait until after the bank statement to-morrow, until after the London settlement next week, nfter the monthly settlement In Paris on Not ember 1, nfter tho election, nfter tic decision of the United States Supreme otirt in the Minnesota rate case, the l'nlon Pacific merger case and tho anthracite cases, nfter the dissipation of the war cloud In the Balkans, after the report of the board arbitrating the railroad ttnge dispute, and so on. F.xterlenccd lenrish otierntors were walling for none of these thlngs.and there Isn t much doubt that soalo people whether or not of financial acumen, were buying the stocks sold nt the low prices. No Sympathy for Becker. When Steel broke 75 this (lash came out on the news ticker: "Becker sold .'..non Steel." "He deserved all he got," was the spontaneous and unanimous ejaculation in one of tho smaller houses. "Yes, and he ought to be hung, drawn and quartered and Ihen turned over to the Turks." pleasantly commented a particularly Irate little bull. But the Becker who executed the order, a well known floor broker, was not heard to complain about the commission. tialna by Granger Road. Atchison and Northwestern are the first or the granger roads to report for Beptem ber. Atchison shows the enormous In crease In gross of tl.070.413 and an Incrense In net of 6;.1.noo. Northwestern reports a gross Increase of 1707.153 and a net in crease of $223,000, In tho preceding month t he A tchison's gross Increase was $3)1.1,000 and net increase Kin.ono, and the Northwestern In August reported a gross Increase of $787,000 and a net Increase of $380,000. There has been not a little talk In Wall Street to the effect that railroad traffic receipts In September could not be expected to make as favorable comparisons ns they did In August because or the ahnnrmally large grain movement In that month and the in creasing difficulty that would he experienced in obtaining sufficient cars. Figures to daleclo not lellsifch a story. THE BOSTON MARKET. Boston. Oct. 25. The cooper ihare market wa under moderate pressure to day, with losses at one time ranging from I to points, the last named being Mohawk, which sold down to 80. The active Issues were Chlno, North Butte, California and Arizona and Butte and Superior, all of hlch were offered unite freely. There was an easier undertone also to the indus trial list, but price change were small fractions, flails were dull. . The summary: CI os- Sales. ron Aavenrure.. 160 Aiioman., 11101 Allnlie.j 844 Amalgamated.... 1720 Am Zinc loo Anaconda 175 Arizona Coml ... 6 Boston & Corbln. 480 nutte A Ital... 3833 Butte 4 Hup...... 1170 calumet n Ariz 72 Calumet llecla..6J5 Open- nifh Ing. est. " ". 401? . ss . 3I4 3?4 41'J 7? 18 . 47 6474- 16 10 . 76 Ui . M'l 331,' : i 29.j ; h . 81, . 13 : Ji?; 8l 3614 3', i 69 106 22! I SO 114 IS 666 18 47' 64 ? tr 10 sill 10 24U .16 "! 64', 3312 I'4 29'4 to Centennial, 624 Chlno 667 Copper nance... A Daly West 1460 K.it llutle.. .. 4so Franklin 283 (ilroux 2481 (Iranhy 875 lirrrne Cananea .10 Hancock,. 60 Helvetia 120 Indiana. . .. 40 Island Creek.,. 086 Isle Koyale.... 12m Kerr Lake.... 21 Keweenaw 2295 laike 35 iJt Salle to Mason Valley,.. 76 Mass Con 76 Mayflower 13 Miami 342 Mohawk 245 Nevada Con ion New Arcadia.... 83 Mplsalng.... 3997 Norlh llutte... I( Nor III lJke. 6U1 Old Colony 85 Old Dominion.., 141 Osceola, . No Pond Creek. 76 Qulnry 1( Hay Con 490 Santa l'e 104(1 .Shannon, 93 Khalturk 130 Nap tc llnstnn . . 3(K) Naperlor 110 Tamarack 19.1 Trinity.. . 1121 ITS Smelling.... 953 I'M Smelting pf... S3 Utah Are. 363 Utah Cons... A3 Utah Copper,. 170 Wlnnna. 91 Wolterlne... BAILItOAI) STOCK . 10 Atchison I07H I07 2 notion 8e Albsny..2l4 314 s tloslon i:ievslwl..l22! 122!i 20 Ponton A Maine. . 98 99 l.ll Klti'lihiirg pf.. I2IU 12l! 303 Mas I'lec. . . 19 19 ,8 Matsdi-pfrlmpd IV i 77!i 81 N V. N II & 11 138 138 1 Old Colony 176 178 33 West Lnd St By pf 81 981 MISCI'.I.LANKOUS. I2W 8J 12 a'.i 61 2li 3 2 8' 33'a 31) 8'J 6 lO.'i 22. 80 20'1 Z0'4 M' 3 3-18 3 3-18 3 1 1s 38'3 40! 4 46 SOU 8IH I4H 28 1l 39 (O'j 4! 18 'Mi 2 12 82 4t 72 Low- eat. M 3 39 k 640 18 45 aU 4 UH 9, 44 58', 0? 21 .75 14 64 32 I 27 ill, 2, 80 21 J 3 " 81, 33tk 3!j 8 sH 101 217, 79' J 20'4 1-10 14 27' U, 38 39 4 4.V,' :n W fi 4 45! i 7 640 18 464 64 4 4 i 24 76 14 64 32 i 21H i 12 28'4 81 21U 31 2! Exeoutor TroitM Ohartand 1833 The Farmers' loan and Trust Company, Nos. 16, 18, 20 & 22 William Street Branoh Office, 475 Fifth Ayenue, New York. TrTler' Latten of OrediU Fonifi Exohugt, Administrator GnirfHa THE WEATHER FORECAST WASHINGTON PREDICTIONS FOR TO-DAY AND TO-MOIUIOW. TO THE HOLDERS OF THE Buffalo and Lake Erie Traction Company FIRST AND REFUNDING MORTGAGE FIVE PER CENT. THIRTY-YEAR GOLD BONDS As the BUFFALO AND I.AKC EP.lt: TI1AC TION COMPANY will bs unable to meet all of the Interest due on November 1. 1912. on Its First' . and Uefnndlnr Mnrtrarn Flte I'er Cent. Thirty- 8l I Year (inld llnnria. (hit imderslmed. at the rcaUC! ira'4 1 ' ,he no,,,fr of a large amount of said bonds, 31. I have agreed to act a a Committee to recelte so ( deposits thereof for the protection or tne inieresta 12 fll't J I07H 214 I23'i 98 121 19 77 HUi 176 98'i 20' i 3 14 3i 29 40 4' !$l 12 82 ,1" 107J4 214 mH 98 121 19 77 . 138 178 98'i 58 100 100 4!( 191 123i i:iS 142' J (W I3 131a COFFER CONDITIONS SAME. THE GRAIN MAP.KETS. Whenl l.nsrrr, Hnllylnn: l.aler 'urge Nnrlhsvpatrrn llfcrlpta I nrllirr lOiport Ilnslneaa llr- uortcd. Wheat w.ih lower early, hut hecanio much 'rnv-r later mi owlnc io t-.-j covorlmr of hori rim endlnir hliottcil little net clmno loi Ihs i,n liul licrlli tiKtoip era the 'ats SorllinHtorn rciclpts mid the lii ( rcs m mii)li( there, linorahlo vicuther and c dci lino In most of ttio forciKii inni leis l.ncriiool (lioiipod '., to ','d. I'arls i to i i' , ntiTori '.(. and llorlln 'i to '' Sim, who liouuht on Thuihdio were aslhns tehterday, llndlnij th.it tho North wsntern rc(i.ita er iihoiit doublo thohO of ths kiiiih ilny last year Tho incienHe in ths t-toik at .MInne,i)liK dm Inn tho week was i,:i5,(i() ImisIicN 1 h Arcentlne 'liltunents for the eek are cstliimtoil at nearlv dmilili. t,fi,e for the wmie. weok laot year, iliiii Is, ,iki,ini IiiihIhMh, nc:ilnst 712,(8) iasi r.c( u and iihi.ooh (ir tin. samu week lust ip,ir lint lludai'cut ndtamed I ,( , n l.ilr amount ol export husinech wiih iniiorted, and as nlieady Intimated as the day ad- vancea shorts deemed it prudent to cot or. Ths Continent is buying wheat here ami No First lfaa4 Metal (tola and No Snap tm Market. "Absolutely unchanged condition, wa tha slat of copper producers' statements made to TnK Hcn yesterday relative to metal market conditions. In brief this meant that there were no additional ton nages of first hand copper moving, as price) concession were not In evidence by pro ducers themselves. Occasional small ton nages were offered by second hands and In some Instances buyers were found, The market ha lacked snap for about a fortnight and the producers look for no material change from eilstlng conditions until after election. The unsettled stock market had Its effect sentimentally on the consuming trade yesterday, for with de clining security valuea none of the manu facturers could be Induced to commit themselves for oopper. Further encouraging newa came from the Utah Copper Company In advice that additional steam shovels were put to work and that over 13,000 tons of ore was being handled dally. Next week should witness the resumption of practically complete operations and the treatment of about 20,000 tons of ore a day win enable tne company to produce about 12,000,000 pounds of cop per a month, Kxports of copper for the week ended Thursday night as reported yesterday a mounted to 8.W31 tons, which brought the total from October I up to 20,242 tons as compared with 18,814 ton in the corres ponding period of 1911. The American Smelting and Eeflnlng Company I understood to be practically out of the market at tne moment, largely due to the l'tah strike, but the company' biggest competitors, however, have con tinued to quote 17?.' cent a pound. Prices of standard copper are aa follows; Yesterday. Bid. Aiked. Thursday. Nnot. .. Orlober November 18,7t December 18.87 ' IHd .0? .suelter 7 15 Iln,. . .M.00 London prices wer 17.28 17.15 7,65 CO. M Bid. 1? on 17 00 17 00 18,95 5 00 7,50 6o,i:h Asked. 17 ,25 17.05 17.05 8.15 7.80 50 JTI'j Yesterday, Thursday. Copper, spot Copper, futures.,. Tin, epot. Tin, futures lad Knelier I'lg Iron, C. W.... .. 15 12 . 78 2 .230 0 .129 t ,. 19 . 27 10 88 A A 0 0 O 0 iH 78 12 78 2 230 0 228 6 19 6 27 10 68 "me OoTerament Plarnres. The extraordinary record made by lh railroads of the country In August Is veri fied by the official figures of ths KureHii of Railway Kconomlrs, All railroads In the country show an Increase In total nitrat ing revenues per mile of a.a per rent . an Increase In operatlnc exiHnrs per mfle of 7.2 and an increase In operating retenue per mile of II. t per cent, liter the came month In 1911. nrferlnas of Time Money. The feature of the local money market at the present moment Is tlie evidence .of an Increasing disposition on the part of borrowers on Stock Kxchance (ollateral to take on time money Yesterday there' was an active nnd Insistent Inquiry for accommodation on time and the money brokers did a large business In time funds at the highest rates touched thus fardurltig the season, lnthe flurry in money rates that occurred around the first of tlio month the hardening tendency tvbs more pro nounced in day to day money. On the last day of September the call rate rose as hlch as 7S rer cent., while the mntiniiini rate yesterday was only 8'.' er cent. At that time rates for loans on time nlso hardened conspicuously, but the rlno seemed more or less of n sympathetic movement, and the amount of money placed at the top figures was comparatively small. I.oaden Comment on I he Break. According to recently lecelved Loudon financial papers the slump In prices on the Ixmdon Stock Kxchange. nhlch reached Its crisis on Saturday, October 12, made one Important point clear It provided convincing evidence that the low prlie reached had attracted the atlentlon of the outside public. The. .Monday momlnc following brought to the ln- Hon stock nroxers iener rrntn nil over the l'nlted Kingdom coutnliilnr: orders to buy at or below the prices quoted on the pretlou business day. 'Iho majority of theso could not bo executed bemuse the slock market on that day opened well above tics level of the Saturday before, but It indicated that the public was in a frame of mind to benefit by any further decline In prices and that the sto.-k market had the best kind of support behind It. One of the most Important reasons given for this Is that every ono realized over there that the panic was largely a Conti nental panic and that British securities. to a great extent, wero affected In only an Indirect wny by the conditions which caused demoralization abroad, In Loudon too there had been no speculative boom In any quarter and therefore no aftermath to cause great apprehension. Mr. ,lpence,a Views. Vice-President fipence of the llarrlman lines was quoted In a Chicago despatch as saying thit never before In the history of the system ha there beon such prosper ity. Of the effect of the Panama Canal on rallronds hn said: "Through traffic will undoubtedly will bo diminished, but the canal will benefit all parts of the country and eventually, build up a bigger business. The only question pn.7llug mo is the atti tude of the manufacturing Interests and merchants of the middle West In entirely Ignoring tho question of tolls. Tho sea ports of this country will benefit greatly as a result of the canal's operation, but will the middle West benefit proportion ately? The uiitomobllo tonnage of Iho llarrlman lines has Increased loo per rent. In ths year. Iron and slocl tonnage has been enormous, Cement, stone and linn bor In transit show an Immcnso nmount of building." THE MONTREAL MARKET. Bid. Asked. lis Am Atr chem 58 Am Atr Chem pf..10O 10 Amoskeag pf 100 so Am lneu Sertlce. 4U 380 Am Pneu S .d pf.. 20 117 Am Nutar 123 13 Am Surar pf.. . 12I'4 S7l AmTelATel... 143 42 Am Woolen pf 88' j 123 All W 1 pf I3, 23 Cast noston Land 14'm 1.1 Kdlsnn 274' 422 IVllson rlfhts. 8'i an (la Ry F.lec.... I2.1W io lia iiy ft c.iec pr 133 (ien Klectrlc 277 Mass lias 37 Mass (ias pf 3.1 McKlualn ! XV McKlualn nf 7 New Kniland Tel. 14811 34 North Tex Klec. 114j 3 Pullman... . 187'j 2.1 Fleece Button. 18 -OS.IftACn. 108 11 Tnrrlnfton... . 28' sat united rruii. 8.M United Khoe 1X4 United Nhoe 3487 I'M Steel.... 78 .vi u meei Pi., BONDS. IIITO Am Ag r Ch .1s...lo1' 3onn Am Tel A Tel 4... so' Kin Mrh Gen 4s... . 97H innn trn I nil 1 4'5. 192.1 93), CtJUB STOCKS. CLOSING rWCKS. - Bid Ml, .ISIt-l . 94 . 98 14 108 .18 toots' 100 4! 20 12.1 122 '! 274' ,2?! 83', I8I) H 98 14 107 3 1 01 i 123' 831, I78' 9') 98 14 108 14811 I48U Il4lj II44 1071, 162 18 108 28( I.. ..191', I9I( M.. . M'J MW pf.. 28 ."MJ 78' 113 lOI'l 89, 97f4 93) t IS 108 28 188', M ra 741, 113 .18 IO0H 100 4W 10', 124)2 122 143 88 u; "Tl 2731. 9i 123', 83', I79li 93, M 107 ,Ui 114)4 187 18 108 28' ( 1881, .VP, ZM, 7.M, 113 Reorganization OF UNITED STATES MOTOR COMPANY, ALOEN-SAMPSON MAKUFACTURIMB COMPANY. BRUSH RUNABOUT COMPANY, COLUMBIA MOTOR CAR COMPANY, DAYTON MOTOR CAR COMPANY, MAXWELL-BRISCOE MOTOR COMPANY. lmU SIM, inttf 8M I7, Kt 5 Kntiemla... . ... Itnston I'M ( A('tl! Calaterss Chief Cons Con. Arlrnns Iiatls 1MIV I'lrl National (inlilflrk! Cons .... 1a Note Cnus tAellc Copper ... New Baltic Onrcii. Ohio Cupper i(Heii.. Ilhiirle IMallil Coal. Sou Hi Like... ,t.kd. . . . rn ;i .. 2', 2' I I 1-18 9 II .2 11-18 2 13-18 I 7-18 II4 .VI SO 2 2 t-18 ilil B-Ts MI-IS . ... 2S 24 40 42 2 2", '.!!!; TsuTis 30 32 .... 2.1 31 ..8 8 THE PHILADELPHIA MARKET. I'lllt.UiF.l.rniA, Oct. 25. The stock inar ket here to-day was quiet and steady, with no special feature. Cambria Steel and l'nlted (las Improvement were the most active. Closing prices were a slight frac tion below yesterday's final figures Bonds were quiet. The summary Open. Inc. . IS . 81'. Hales inn Alliance Ins ( o.. 140 Amalgamated.. 123 Am Hallways !:" 87.1 Cambria Steel... 12', an Canadian Paclnc. 2A2' & Calanlwi 2d pf. 3.1', inn r.lcc Siorjue. . . 6R 9.1 lien Asphalt. . 29' s 3in lien Aonhall pf.. "()', ion Inler-Mrl 20 173 Ky Sri-ur pf. n 111 lh Nav IruvlclfsBi 40 Irhlsh Valley 811, 78 ln vsi 1 ran pr . ai' Hark Calerlna Will Be Total I.on. The Italian bark Calerlna, which ran nsliura on the Darnegat shoals on Tuesday nluhl. will be a total loss. The life saving crews from tho Forked River and Darnegat Hliitloni visited tho vessel yesterday morn ing and reported that they feared the bark would soon go to pieces. Some of tna ves ael'i cargv I floating abr. Brazilian TraeUoa JJ'4 Canadian Csnienl... N Canadian Cament pf 3n Canadian Cons Hub Canadian Uocomotlv J Crown Heaervo.. Ucirnu Cnlied Iiy 9 Dominion steel Corp Dominion Textile JJJ Laurentlae.,.. Montreal 1. H H. iMi Ourtiec Ity l.t ' , ' lllch JtOnl Nay.,.. II3 hhaulnlgan W 4v P 139 Sherwin-Williams , U btMl Co. of Canada. Toroata JUUwair UH ja 94 93 332 89' .'4j in 228 .HI', I2l 1I3) lot l'ennnvlvnnla 19.1 I'rnnssli Mig I'is'j So I'enn Sleel pf '. 2co PhlUC.i. .''i 877 Phils Hlec.. 23 i I'hlla It Tran. T7's 421 I'hlla 11 T cits. . 27', 28 I'hlla Trae. 81 1181 Ilcsdlnj . 8".'. 110 Tonnpah Mlnlnc a', ?m Union Pacific las'. 153 llnlnn Trac. '" 27 1'nlled Coof N J 728 I8011 United (ias Imp. ' IJ091 II S Sleel 78' 1 101 York Ity pf.. 33', WINDS. Jim) I'dlson l'.lec s... 108 Kino I'lec & Pen s 8.Vj frtin Interstate Is , 031, 2(nn CenAsphaltdehM HI lono Keystone Tel 5. . 87 soon I. V Coal &... . 107 innn Phlla riec gold Ss.tra mm I'eo Pass 49. 91 lonon 1Mb Sve Cor &s.. 92', ynon United Tlyiold 4$. 74', loon I'nlieil ity r.s.. s:, Illith ri. 1.1 si', 42, .131, 287', ' .V.I 2' 70', 2 89 PI', 88', 31', ltw esl. 13 Si's I2'4 .12 282S f..V , .W. :''! 70'. 1 V" 8') 111 S.V, 31' Clos. I nit. 1.1 81'. I2S 52J, 28? ' .'9S vn'J "n 89 III 3l of the holders. The Company's bankers have for some time past advanced to the Company the necessary funds to protlde for the deficiency In bond In terest, under the expectation that a return to normal business conditions would cause the Company's retenues to Increase sufficiently to more than meet all Its charges, thus avoiding the necessity of any readjustment. Owing to the long deferred revival of business actltllles In lhe territory served by the lines of the Com pany, the necessity for a reorganization of lit affairs has become Inevitable, as the Company requires additional funds adequately to handle Its future buslnesa and to comply with the pro visions of certain of Its franchise! lhe funds so required cannot be secured by further Issue of Its bonds.owlng to their low market price caused by the above-mentioned condition of the Company. For this reason a compre hensive readjustment of the Company's affairs has become necessary, and to that end the proper- Ilea of the Company are being examined by engineers of the highest standing, and as soon as comoteted. their reports and suggestion! will be at the dWposal of the committee. The Company's bankers, who are also the largest Individual holders of these bonds, for some months have been engaged upon a plan for the readjustment of the affairs of the Com pany, which, If successful, would be greatly to tha advantage of the bondholdera of the Com pany, provided that they will co-operate by de positing their bonds with the Committee. The plan above referred 10 as yet cannot be presented, aa Its development must be largely guided by the abote-mentloned engineers' re port, and as Its .consummation will require the spprovsl of the Public Service Commission. Bondholders are Invited promptly to deposit their bonds with the Committee's depositary, The I'.qultable Trust Company of New York, 37 Wall Street, New York City, or with the sub depositary, the tilrard Trust Company. Broad and Chestnut Streets. Philadelphia, I'a., which on behalf of the Committee will Isaue trans ferahle certificates of deposit therefor. The agreement, copies of which msy be obtained from the depositary or sub-depositary, provides that any holder of eertlflcates of deposit, who msy be dissatisfied with any plan submitted by the Committee, upon payment of a proportionate part of the expe nses of the Committee (but not exceeding a sum equal Io one-hslf of one per cent, of the par vslue of the bonds represenle-l by such certificates of drposlll snd Interest i"one) advanced, but without compensation H t he Committee for Ha services, may withdraw his deposited bonds wllhln three weeks from the commcmemrnt of the publication of notice ( mat sucn plan nas ocen auopicn ann lougcn with Ihe depositary or sub-depositary. The Committee has made lhe necessary ar rangements for an advance Io lhe holders of certificates of deposit Issued for the said bonds of the Traction Company deposited with Iho Committee, equivalent to Ihe Interest due No vember 1. 1912, on the bonds represented thereby. Such advances will be made to tfie holdrrs of certificates of deposit Issued by Ihe Committee, upon prchentatlon thereof at the office of either the depositary or sub-depositary under the agreement, on or after November II, 1912, for the proper endorsement of such advances thereon. Dated, New York, October 23, 1912. .4I.VIN W. KTIKCII, I halrmaa, 4.RTHTR V. MORTON. . n. Ki.r. HARRISON NKSBIT. 4iKORiP. R. TI-X1.KR. RODMAN K. GRISCOM, 4'onimlllee. SAUtlP.I, ATlUSTnoNtJ. Secretary. 37 Wall Street. New York. PIIIt.BIN, BKKKUAN. MKNKItN & (iltiSCOM, Counsel to the Committee. To the ftecarlty-Relders and other Cted Iters of fhs abote-aamed Ceaapaale and to the Stockholders of Halted States Motor Company and of Columbia Meter Car Company: A majority In amount of the Indebtedness of the companies above mentioned provided for by the Plan of neorganltatlon, dated October 10, 1912, having been deposited subject to said plan, notice Is hereby glten that all deposits must b made with the CKNTHAI, TP.UST COMPANY OP NEW YORK. Depositary, at Its office. No. M Wall Street, before theclote of business on November . IBI3. After said date no de posits will be received except with the consent of the Committee and upon ths payment of sueh penalty as It shall Impose. An Immediate deposit of securities, claims and shares of stock will aid the committee In Its en deavor to effect a speedy reorganization. Dated New York, October 23. 1112. For eastern Pf err York, cloody to- star I fair to-morrow 1 moderate neat to north wind. For New England, cloudy to-day. with local rains; fair to-morrow; madtrate winds, becoming northerly, Kor New Jersey, fair to-day and to-morrow; light to moderate west winds, becom ing variable. NEW YORK, Oct. 2. Ths centre of the disturbance which has lingered orr this section moved only slightly snd was over adjacent parts of New York and New ling land yesterday. Showers snd light rains continued la those State and In the St. I.awret.ce Valley. Elsewhere westward tho weather was gen erally fair, except for rain on the Paclnc coast. Ths pressure was high ever ill Ihe In terior of the country and low unl) In th extreme Northwest, where centres of deprs alon appeared over Alberta and on the ro.i! of Washington and Oregon. It waa colder In tho Ohio Valle), New fork and New Kngland, and frosts were quite general In the Ohio Valley and south ward Into the east Oulf States. Kreexlng temperulurea prevailed ncr ths upper Missouri Vslley and south Into Colo rado. It was warmer In the upper I.Jkr regions. In this city the morning ws cloudy and showery; partly clearing In lhe attunem, cooler; wind, fresh southwest: average hu midity, 12 per cent.! bsrometrr, (orrctrd to resd to sea level, at A. M 29.7d; 2 r. m.. 22.10. The temperature In this city eslerday, as re corded by the official thermometer, l shonn In the annexed tabic: 1912. 1911 9 A. U 49 62 8 P. M . 13 U.. . &2 881 9 P. M . 3 P. U...., ,54 SS'll2 Mid Lowest temperature, 47. at H A, 1912, .11' 1.1 M. 1911. .If 14 MARINE INTELLIGENCE. AI.UANAC THIS ll.W rMi . rx CKORGE W. DAVISON. fhalrasaa. I.ARI.KS H. RABIN. HKN.tAMIN STROM!, Jr.. vl.BICRT II. WIU41IN, .ItMKS C. BRADT. IICOF.Ni: METKR, Jr.. .trUL RANTOUL. IXI3BA S. WILLIAMS, Committee. JOI.INn. I.AHK1N A RATHBONK. Counsel. A. SPOTSUOOD CAMPBKI.L, Secretary. &4 Wall Street. New York City. UINIATimK Sun rises. ...8:l9Sun sets. ...MHi Moon rises 3 18 Hltill W.VTTU THIS DAY 1X41 AMI w Sandy Hook.720(iav.lslaod. .7'J2 Hell oat:. 10 1.1 LOW WATI'.ll THIS DAY. .ut iul aw SaBdyR'k...I:0lGov.Island..l:23llell Uat:....i:30 Arrived I 'II I DAY. October 23. Ss Prance. 12:38 P. M., Havre, October 11). Ss Cedrlc. 8 m P. it., Mierpnol, October 17 Ss San Ougltelmo. 11:37 A. M MeMlna, October to. . .... s 1:1 Dorado, tiaitesion, wcwuer w. Ss Asiatic Pr nee. 11 P. M. nhupslaj). lilo de Janeiro. September 30. Ss '.una. I) 2.1 Hi.. Macuez. uciourr (. S Slmouslde. 12-30 A. M., Santa re, September 8. Ss Xiimantla, 2 A. M.. Barbados, Oclnuer 18. Ss Bayamo, 10 A. M., Program, October 19. SsMonteret, 1:2.1 P. M., Havana. October 22. Sh Stampalla. 7:2.1 P. M.. Naples. October .1. Ss City of Atlanta. Satammli. October 21. Ss lance. Philadelphia. October 24. S Kin (iramlc. Brunswick. te!ober 22. SrI.ucj- Nefl, Charleston, Octolier 21, ShJeHerMin, Norfolk, October 14. .02 1-1882 1-1881 11-18817, K'7 I'., fi, 2 1' 1 27s 27', SI 81 181 :.'!, .'-8 sn'i 78' I :i.v. tor,'. US'. rm, 23 81 SI 1.1.18 8. ISSI . rat, K9 711. 3V, 2a) Welsbach s.. 9i 108 81', OV, 91 87 107 101 91 92'j 74', 82', 94! ins 8Vi 9','., 91 87 107 101 91 W'4 -II, 911, mi 98', ,-n'5 PIS, AS A0 T' 518 S3 iivs 81', (I.V, 91 t7 107 in I 91 971, 711, 82', uiu THE CHICAGO MARKET. Cmcton, Oct. IiOchI securities acted exceedingly well considering Iho unsettled condition of the New York market. The declines were less than a point as a rule. with no conspicuous pressure In any quarter. Kdlson was exceptionally strong, advancing to 11 higher level on limited buying. While trading was well distributed most of the transactions wern of tho small lot order. The summary: Open Sales. ing. 42.1 tin 1 an . ion Am Can pf. 122 8.1 Am Shlo . M 2.1 Am Ship pf... 2.1 Am Tel 4 Tel 143!, nil Booth 82 ua iiiioih pf 111 13 Carbide 1PU 81 Canal tc Unci; .. .VI III Chi Pnci Tool,. .11',' 23 Chi Hy ser 2. 2,.J 21 Chi Hv 3s... 8), in Chi Title &T. 2i IV. Com rdlsnn ill', 17 Corn Prist llfg H", 81 Dla Match.. , ('77 2.1 Hart S .tc M pf,, 98'. 2.1 III Brick.. 7()i 27.1 Int Haitrster, Ill's I.M Nnl Biscuit,. 131 AO Nat Biscuit pf 1221 2.1 Nat Carbon 129 381 Peutlna It" 11 Pub Service pf. Ifl's Ml Paellas.. 4, 20 Quaker OaU. . .334 20 Quaker Oats pf U V) lliimelv pf ire', l.m Sears llosh ., 2nu', 40 Sears 1 1 neb pf. 173', 120 Streets Car 8i 2.1 St'idebalier. 41 8.1 Swift A Co... 108U 7U1 t; S Steel com. TVt BONDS. lio.ttx) Comw IMIsonSs., tlfs 4.101 Clt Hv . 101 V 0.() Chi Tel .Is loo's 1,000 Mel Hxten 4s , 78 :.( N Wtlasfts.... ,. 99H sow posrtf m...ioii 1h HI ei M 113 .17 mv, 143'.,- 2 III 111) .13 .14 1 ; 23i 8', 2011 Mil, 11)15 I(I7'J I'M, Wi K'll, 131 I72 I2fl 1191,- Mt 8I?J 334 110'ri !(', .(', U31, U 41 l"8', 7J' Ixiw. est. IIS 122 .17 I (IV, 143',- 82 9(1 1BU A3 M ' ,' 2.1. 8'4 21 ( 111 in 107' -j 9hS. 701, lin'a l.Vi'4 122!j 129 118 10! i si; 331 1(41 102!, 2l 1231, 81s 14 in', Tt'4 Clns. Inr. .17 lor.t in'.J 82 ll 19(1 33 8i 7(0 1411) 11' 1 07', nav, 7(1' 4 lro'.J i( 122!4 129 118 OUlt 84M 334 UO uaH 2(11 1234 (1 44 list Io Holders of Certificates representing Pre ferred or 4 stmmon Nloelr nf 4 lll('Ail) CNION TRA4TION COMPANY Issued b Central Trust 4'ompanj nf New York. Depositary, pursuant to aarrement dated April 33. IM3. The Committee acting under the agreement aforessld. and referring to Its circulars of March 23. 1908, and April 30. 1S03, lives notice thai Par tlclpxllnn Certificates land certificates represent ing a fractions! Interest therein) appnrlloesble to lhe slock represented by Ccrllnrales of D?p(ist upon which assessment has heen paid, arc ready for delltery upon Hie sunemler In nrgnilahlc, (nrnt at Ihe niilstandlnB' Ortldrates of Detwill. stiitiped In Indicate Ihe payment of sttsessinenl thereon, at Ihe iiBlce of CI:THAI,THUSTCOM- I'.t.M ok ,M. YiiiiK, ai tt an street, .lew York Clly 'The Cnmmlltee has nxed December 1st, 1912, ss Ihe date on or ptlnr to which such ex rliMnprs must be made, after which dale nn further transfers will he made of oatstanrt Inr l erlinraies or ivepus,,. Dated, New York. Oclob-r 17th. 1912. Al.PItl'.n SKITT. Chairman: ItOBi'.ItT U. OAl.l.AWAY, JOSKPH J, O'DONOlltrii. Jr., C'ommltlce A SAFE 10 INVESTMENT The l.onniis-Manning Kilter I recog nlr.ed as the standard water filter-in use for over 30 years In the White House: and finest publio buildings and private residences. To secure additional working capital to handle Increasing business. Tha Loomis-.Mannlng Miter Manufacturing ComiMiny purpose issuing $2.l(i,o0() In bonds- In denominations of lino, $:,oi Hnd f 1, nno, lc,irln 8 tier cent. Interest per .innum. pavnhle on January Isl snd July 1st. Said bonds are redeemnblo at lui per cent, and accrued Interest, optional on July 1, 1 11 1.1. mid on tiny other interest paying date thereuller. Subscribers Io the first Jioo.ism) of these bonds will receive an amount equal to their subscription in shares of 'Ihe l.oomls-Mnnning Tiller Distributing Company- the stock of which Is esti mated to earn 10 per tent. early dhl dends. I-or full information as to our stand ing and reputation, protection to bond holders, conditions of this bond issue, etc., nddress the Loomis-Manning Fitter Manufacturing Co. 123 UiiJ Tltli luilfJliuL rtaladelpMa, Pi CARTER COAL AND IRON COMPANY First Mortgage a-; Sinking Fund (Sold Bands, Notice Is hereby given, pursuant o the terms of Ihe Mortgage dated the first da, t October, 1898. that the undersigned, ss Trust, will re ceive sealed proposals un to 3 P. M. on th, twelfth Clay or riotcmoer. mu. ior ine saie 10 11 or iionas, as above described, st s price not exceeding I04i and accrued Interest. 10 an amount sufficient to use tho sum or 122,113.14. rill! Nl'.W YOHKTRirST COMPANY. Successor Io Continental Trust Company of the l ity p, iew inra. irusiee. By C. K. HA Y DOCK. Assistant Secretary, New York. Octolier 21. 1912. DIVIDENDS AND INTBKKST. XMI.RK'AN BANK NOTF. C4IMPANT, A dividend of !' on Ihe Common Slock for the quarter endlnc November II th. 1912. also an exlra 1 ItM-ml nf U of 1"; on lhe t'nmmon Slock have been declsred. payable November 14th., 1912. in holders of record at Ihe rinse of business Novem ber Isl. The Common Stock transfer books will be cl'iscd at 3 P. M. Novemner 1st and remain closed until 9 A. M. .-vnveii'Der ism oi'.O. H. DANKOHT1K Secreiary. New York, October 23d, 1912 OUTOOINO STI'.AMSIIIPS. Sail To-day. Malls i lose. Philadelphia, Southampton. 8 no A M Majestic Southampton. . 8 311AM President Orant, Hamburg. 8 3d A M Advance. Colon ; . II 30 A M Hatsns. Havana.... 8 30 A M Carolina, San Juan.... s 3i A M Orolavs, Bermuda.. Mil A M Carrlllo. Colon 9 30 A M Slrphano. Halifax 7 30AM Minnehaha. Ijindon Columbia, tilasgow Perugia, ftaples... I,a Tonralnr. Havre America. Genoa Sant' Anna. Naples. San Jacinto, (ialvrston. .' Creole, New Orleans . Idimpasa. Mobile.. . . Comanrhe. Jacksonville' City of Atlanta, Savannah.. Sail To-niorrou I'. i:lle1 Prlelrleh, Klniti.o r.Hi M Tried, der l,rnvse. Bremoa. 8:i'i.t M Hamilton. INorfnlU- . hall Monday, October 2S. Aurun, Colon . .. II.KiAM 1'alrl-.. I'alras Alberto Trete-., Naples Madt-on. Norfolk .. Ouundafu. Brunswick t ess;li Sail. 9 .TO A M 13 O) M 10 (O A M ;(IM I' M 12 0(1 M 12 00 M la no A M 12 00 M 11 Ol A M III 30 A M 9 00 A M 2 ID I M 3 00 P M 1 1 Ol A M 3C.) P If I CI P H 12 OK M I r P l I in p M. 3 in p u PHO M llll.l A M I ll I' M 3 in P M I (,l I' M :i ) p M 1111 I' H I Hi I' M incomino sn:Msiiti'. Due To-Jav. Kansas Manila. . Auc. 71 Curttvba Cardenas Oct. If Carmanla yueenstonn.. mi. 20 St. liuls, . . Soitthaiiipton oci t9 ltoma. Amres Oct. li Mavarn lirenadii.. Oct II Haron Jedburgh .Aider. net. 10. Due To-inorrow. Zeeland.. Antwrrp, Oct. 13 (ienrgc Washington.. Bremen. Oi l, II t'luiinnall.. Hamburg. Oct. If Panama. . Cnlon t)cl, 21 California. . .I.Uscow... Oct. I Clly of Columbii.t. . .Savannah. Oct 21 l)i. r Momla) . Oclnbri- 2s. Nleuw Amsterdam. ItniierJam Oct. It Czar l.lba.i Oct. 11 Mlunewaska .Uisdnu Oct. t) l.iiria. I'alermn. ( I. II lllmalaja I'atrss. (M. 8 AI In I . Iliagaa Oct. 21 Ylgllancii Nassau Oct i Sau Juan Sa'i.unn (HI. 11 Miiimih.. .Ne- Orleans Oct. 71 Jelfersou Norfolk Oct. -7 By Marconi Wireless. Ss Carmanla. for .Net- lorl-. was 70i inl'es eal of Sandy llimk at 8 P. M, jeslridaj Srt St. Irfiii. for Ne-v I'ork.was 7.VI miles c.f-l of Snndt Hook at s-.vi . M. hs Crjtr. for New York, I..-.7') miles rift of Sandy Houk at 12.3) l'. M. TANANA VAM.ET RAILROAD COMPANY. Notice Is hereby glten mat nve nrst mortgace Ihe TANANA vaur.y iiaii.ikiad bonds of COMPANY Nos. 119, 442, 4M. 881 and 883. have been drawn by lot for redemption from the amount to the credit of the Sinking Fund, and will be paid for at tho rate of $1,030 per bond with arciunl Interest at the offlre of Ihe Columbla-Knlrki r hnckrr Trust Company, 80 Broadway, New lork Clly, on Ihe lit day of December, 1912, after which date said bonds will cease Io hear Interest. KNlCKKHUOCKUt TRUST COMPANY. Trustee. COMJMBIA.KNICKI'.imoCKIHl TltllSr COMPANY. Successor. By WII.I.AIID V. KINO. President. October 3. 1912. To the Haiders of l.KHKill AND W Il.m:s RARRK 4 -41 A I, COMPANY MORI41AUK IIO.NDS, payable on tbe 1st day of NO i:mhi'.h. I9I-JI Nollce Is hereby given that Messrs. J, P. Mor gan Company, all Street, Corner of Broad, New York city, will take up these bonds on Ihe date of maturity when and axleiitered to them, U. O. WATCHMAN. Tieasurcr. 41 Ft' ict: OF THi: CONSOLIDATION CO A I, COMPANY naltlmnre. Mil.. October 14th. 191?. The Board of Directors has declared the regular ndsrtet-iv dividend of one and one-half ner ceui. (l'," on ItsCspital Stork. Including outstanding Subscription Itecelnts, payable October 3lsl, 1912. to ihe stockholders of record at the close of business October 34th, 1912. . , The transfer books will remain open. Dividend checks will be mailed. T. K. STUAflT. Asst. Treasurer. AMERICAN flRAPHOrifONE CO. I'RKFKnRKD DIVIDKND NO. 67. A dividend (No. 37) of one and three-quarters l') per cent, hss been declared upon the Pre ferred Capital Stock of the American Orapho phune Company, payable November 13th, 19ti, to stockholders of record November 1st. By order of Ihe Directors. PDWAUD D. IIASTON, President. Minneapolis 4t St. Louis Railroad t!o. Coupons due Not ember I, 1912, from Consnll- rialcd Mortgage Five Per Cent. Bonds and n- iiiieni snv that dale on presentation at the nnlcc of (he cum- tnnfllnir A lkinds of Ihls compan slnn Mnrtiraipe Five Per tVnt will be pain on and after mnr. 5.1 flrnad Strret. New York Cllv. K, II. DAVIS, Treasurer. BUFFALO & LAKE ERIE FLANS. Com- m:l i Kill, 100J 73 101W lie's 1023, 1014, uU to)). in (S aoi Itenmanlratlon of Traction pan)- I -Nearly Dae. A protective committee of which Alvln Krcch, president of the Kqnltahlo Trust Company, Is chairman has been foimcd to look after tho Interests of tho holdera of the Huffalo and Icike Krie Traction Company first and refunding mortgagu u tier cent. bonds, in the company lias announced that it will ho unable to meet nil the intorest dun on the bonds on 2,ovembor I. Tho committee announces that it teor ganizatlon of the lompany has boromn inevitable. The comiuiny for sumo time has not been earning all the Interest on it bonds, and Its bankers have been advancing the necessary money in the expectation that business would pick up. The hankers are the largest individual holders of the bonds, They bate been at work ior some time on a plan or reorganiza tion which It shortly to be offered to tho bondholders, who are asked to deposit their bonds with the committee, An ad vance Dipii talent to tho interest dee hot em ber I lias Imsii arranged !); the committee nnd will 1)0 paid to holders of certificates of (lcio&ll. The company is rapitalleU at is.oon ooo Rommou anu 2,w)o,uuu preierreo. ine AMALGAMATED COPrr.R COM PANT, 42 Broadway, October 17, 1912. At a meetlnv of the Directors of the Amalra- mated Copper Company, a dividend of one and one-half per cent. (!',) was declared, payable November 3iin, to siocKnomcrs or record on Ihe books of the Company as of 12 o'clock, noon, October 2Slh, 1912. A. If, Mf.l.lN. Secreiary. SHORT TERM SECURITIES. Nan l'rice int, Aix. me. tl;. uaturuv. iiiu.Askeu. y e a. Anial Conner .3 April. 1913 uu4 lisi 4.K3 Bait A onio. . i'., J line, una BkbnltT. . -1 July. 191 C.hcs&0 HII 4"j June, lull CnlKlllv 3 July. 1914 Jlnr.U, mis Julv, 11)18 April, lull Aprils, 1914 Oct.. 1914 April, 191.1 Nov.. .r Jiuy, ,8 leh., ,1'j July, .3 Aug.. inn ioi) i.boud Imu U to tha amount of iT.OM.ooo. Chl .V Alton .1 cm liaut a nay, Den O ft I! 8 F.rls Hit a Krlu Hit 3 Frio HH Federal Sugar., .3 uen miDiier. Huds.ul Cos.,,, Illinois Cent. , Int ft tit Nor.. Int Harvester. Minn ft M 1.. Mo liau T Jlu rac iiy, N YO int.. N Y O ltd 1911 191.1 1U13 111 I till I C1.I1. IKl.t .i i en., una .1 May, lul.'l .1 June, lull A", Mar,, lull NYCl.lnes.amis.r. Sm l'jl2 Nt.'l.ines.cpts.i'j .Inn. I.H.i J.. St I, & Si' i Jul, I'll St I. e:Sr'.. Sent,, 1111 Southern Hv.. ,ft I eu., lulu Un Typewriter, .i Jan. 13, 1913 WUDBOUN...ti Aug.. 1913 9 9l I4I 97', IW's 981 J 91'i I0J W 98 971-J ti 9JI, 914 in, U9', Uslj lO's 9i, 91's U-) l.lkl I.IKI till UJ 99)4 99' 4 IUi IS4 lrlli 90 ns'i iw', 9lj I IX) psll,' Tllut 4-ine nla "f IsVnl Vessels, WAHIflNOTON, Oct. 2.1 The transpo-t Prairie 1ms arrlted at H.nti4nu, the i-rusr I'iiK-liiiiiitl t Manila, lhe lutll'shtp Mil III gall Hi tlamptnn Itnads, Ihe i-nt1lr Pronie-lh-us Hi Cnrlntn tlnd Ihe torp-(In Inala 1Uc dnn.ti.xli, SliulirU-k, Thornton .Hid De l.niu; St Caps Lookout The ImttleHllIp New 1 1 u III pslllre has (lulled from Norfolk for Hm-kl.iml. Hie mrpeilo hna(a Dahlcrcn and Hlocklnu frnni Norfolk for Charleston, the oilier Hriitus from Ky West for tltiantananm and the station a.iln Hartford from Annupolls for Norfolk. Arms- nnd MnvF Orilers, These arm WASlllNOTON, Oct. 2 ders were Issued to-dayi First l.lrut. .1. V Orlfflll. Me,i-Jl fl'serie Corps, from Philippines Division In San Francisco, and stand relltrd from active duty In tl" Medical Reserve Corps. Major II, O. Wllllamn, quarlermuster corps, to Second Infantry, ("apt. H, i'. I'oy, First Cavalry, relieved from that regiment. Capt. U. n. Stverze, to Hie First Cavalry These navy orders vvere issued! (apt. II, S. Knupp. In (leneral Hoard, Navy Department, November H. I.leut i:. S. Itohlnson, from t lie MP hlgan to the Iowa. I.leut. N. I.. Nichols, from t lie Ttrry to the Montgomery. FJnstgn It. Saullry, from tho Kansas Io lh Terry. Passed Assistant Surgeon It. (i IDIner, from naval hospital, Annupolls, 10 th( Con necticut. Passed Assistant Surgeon V I.tvvrcnce, frnin the Cnniiecttcut to the Wvomlng, Assistant Surgeon William Kerr, from daw retrultlng station, Newark, N. J., to naval hospital, Annapolis, paymaster J. It. llornberger. from Mare Islund yard to West Virginia,. Oalveston and Chattanooga, l'a master II, II. Balthlr. to retired list. Passed Assistant Paymaster II, D. I.up Ion, from Chattanooga, West Virginia and Oalveatnn to treatment at naval hospital, Puget Sound. 4.83 A.C0 3.10 S.IS 0.80 3.10 0.00 .1.) 3.20 91 3.SA III ' 8.00 9"l 9J-, III', ;t KU'i In) H'i? Nn Police Alarm for Stolen -nt, The 11.000 automobile of 11. II, Hurt or the Packard Motor Cur Company, 22.1 Fifth nvenue, was stolen yesterday morning from in front of the West Hide court, where he had gone to pay 11 fine for his chauffeur Mr. Hurt promptly reported the loss to the police. I.nlo yesterday afternoon he as certained that no i-.-rm had been sent out for the car, lie say he will complain to Ihe Mayor about the dellnnuencey of the police. The car had a dark blue body and Its number I 1 0207 N, Y, cir, . in 4.70 8.2.1 4.001 ',.00 1 llepnlr .1.90 1 7.0U NkerlaT Shot In Fluhl With Strikers. is al? a f(V I io's t'.vA Him, bam, I tab, ct Deputy Sheriff '' I, .) '1 ldell wiih shot nnd perlaips lalully 111. 37. vvoiui'lnd mid Med Illinium, u loretiian, Ksi Boiliuul two (Sieck minors wero woi-nded In a lis) Mioillitlil between ortlcoiK iint I mrlkss pl(la Mi( I8.011 when operations by the l'nlted State Mta 10044 .30 1 Tramway wr rtMUBoed to-day.