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The sun. [volume] (New York [N.Y.]) 1833-1916, September 29, 1913, Image 12

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THE SUN, MONDAY, SEPTEMBER , 1W
II I
Investment
Opportunities
aV mm of the thoroughly liquidated
mmmm ot the Bend Market Investor
ea without sacrirtcing safety, buy
WW UHed firtt mortiaee and un
it. R. bond, Mich at are Held
Inturanee Companies,
to pay Mi to 6
. legal investments far uma
estate! in vahoui near-by
utility
sores by lira mruor bond
A. - ana a art a , w
iw pay 9 to o ' 4 o
Sound industrial bond.
to pay H
Hit atui an pTuBi
Plympton,
Gardiner&Co
Memaxr N. V. eteett F.xchange
-7 WltAlAM ST., NFW YORK
Holders of good bonds
of early maturities
may replace same with
Sound 6 Bonds
We own and offer
Four Well Secured
6 Issues at Par.
DucrlpHm tttadmt and it
tattt a txckanit upon rtfuui.
N.W.Halsey&Co.
49 Wall Street, New York
Philadelphia Chicago Ran Francisco
Harris, Forbes ft Co
awsssssara aa B. W. mm A Oa.. . T.
NIW YORK
ootq rancni BOWN
Municipal
Railroad and m
Public Utility ItVtttneot
f FlnleyBarrell&Co,
h. M BI0A0W1Y
ff Bankers and Brnknrs
. ( New York Stock Exchange.
Members New York Cotton Exchange.
( Chicago Board of Trade.
Two exclusive private wires to
the Wast.
Chlengo 203 a. La Salle) at.
Henry Clews & Co.
15. It. M I AND IB BROAD ST.
BNSBBS M. Y. HTHM. KXfHANOE.
Stock, sad Beads boiihT aad ailafor
Iflveeiori; also carried oa liberal urmt.
aUaktaa Areeaata received subjeai to
rhflljtlfbi I ate ret i paid aa dally belaaoea.
FINANCIAL REVIEW
Of THE PAST WEEK
(ieneral Market Factori and the
Technical Position of
Stocks.
WARNING SIGNS ABROAD
Tartlf Rerlslon, the Plight of
the Railroads and Ranking
Legislation.
R k n it
sueo available the world over.
-I
Although there haa been heavy realis
ing In the atock market thla month and
prlcea alnce the middle of the month have
a ho am the effect of pressure. It Ja not yet
manifest that their decline alanine more
than a normal reaction from advance.
There are, to be aure, reaaona for sua
pectins that an upward movement may be
reversing Itaelf when quoted value
weaken after maintaining aa advanced
level at which there haa been active trad
ing. There are alao apeclal reaaona thla
fall why something more than more reac
tion la apt to be suspected when prlcea
make any pronounced turn downward.
There le much uncertainty about vari
ous Important Influences affecting valuee.
Tire aatent to which the foundations of
the world's money market have been
strengthened In the paat year la only con
jectural and the capacity fit capital and
credit euppllea for accommodating: thex
tenslve borrowing necessary to a pros
perous prosecution of new enterprises haa
yet to be determined both at home and
abroad. Thai there la more or lean reac
tion In trade and Induatry. particularly In
Europe, la no longer doubtful, but the
queatlon to be answered la whether or not
thla Is a forerunner of wide and prolonged
.depression. Vexing problems of Inter
national politics have not made aufflrlent
progress toward settlement to relieve for
elan finance of a source of anxiety, and In
our own country aome subjects of foreign
policy contain elements of potential dis
turbance. The outcome of new departures
In domestic politics belongs In the cate
gory of uncertainty, and to uncertainty
must be added certain adverse aasuranrea
such as the agricultural deficiencies of the
year and the fact that while money rates
are more relaxed than It waa a few
months ajto supposed they could be money
Is not readily available on the develop
ment of any urgent demand and processes
of credit contraction are responsible fur
checking: dlspoeltlone In many lines of
business to place forward order.
Of auch considerations aa theae It may
be said that their bearing la not necee
aarlly unfavorable to the continued ex
hibition of underlying firmness In the
securities markets. The economic situa
tion aa a whole is not characterised by
anything like the emergencies which had
to be faced a year ago, and the revela
tion of fundamental weakneaaea which
waa then made bore fruit In efforts to
correct featuree of menace. Rurope put a
curb or the absorption of capital, not only
at home but in landa to which Ku roped
waa a heavy creditor, and various degrees
of debt payment were consequently en
forced. Liquidation In many directions
took the place of expansion and the re
sults could hardly be other than salutary
Otherwise there would not have been the
cleaning up of security oongeethm which
aeems to have taken place In the great
Investment markets, nor the present rela
tively more comfortable status of money.
Accordingly It Is not surprising that Wall
street la hopefully Inclined to assume that
the world la in the way of working out of
the embarrassments represented by the
factors and Influence which have just
been reviewed. It le all the more Inclined
to hopefulness because of the remarkable
persistence of confluence In the buslnesa
community that both volumes and values
ar not going to suffer materially from
tariff change and the rest of the politi
cal programme, nor from crop ahortagea
at home and the causes of uneasiness
abroad. Whether or not this confidence la
well founded la debatable, but there are
encouraging analogies between the busi
ness) and financial communities.
One ground of th qualified optimism
which bualneaa men ahow toward the
near future la the caution that haa
marked merchandising and manufacture
i ing during the past year. Because of
' ki. i . ... . . .
i MBnrnru IDBI snops,
stores and factorlea, far from being over
stocked, are decidedly underbought. It
la not, aa a rule, out of auch conditions
that depression develop. On th con
trary, any well defined Chang 1 apt
to be for the better. It waa precisely
In such stock market conditions that
the. recovery of quoted values alnc I set
June originated, and It waa on tha
basis of such conditions that recovery
continued. The signs of s better Invest
ment absorption and the indications that
William P Roakrikt AV Cn i'he n," "' waa not verging on
It UUBBs T. DOaarigni 10. the acute crista which had been feared
Incorporated
ttmiontd PuHit Utility Invtttmont
14 Wall Street, New York
Philadelphia Boiloa Detroit
STANDARD
wssa but wax sell
20lBdla Pipe Cbs a 10 Allan lie ReflslBg
f Solar Ran lag 14 Continental oil
M S. O. of New York a 10 Ettreke Pipe Use
M Palo Teak Use b la S. O. af Kaaaaa
CARL H. PFORZHEIMER
Phase 4000-1-3-1-4 Broad, it Bread St.. N. V.
WANTED
series CSxar Cess.
Werthor Bute. Power f'.msaoe
l us ar r.ieo. swsb. m i
1
1Blelaa Fewer Cam. At Prof.
aSNsrikor Bute. Power (!
I AA Sl.m4.rrf 11a. S) SUA. '. a
tee a. California Edlsea t oss. A Ptd.
FREDERIC H. HUTCH & CO.
Vow Vork
a sirs
Frivol
tele bet. W. T. Baste.
Boiloa
C grsss t.
to. Phils
Wanted
Standard Oil
Old Stock
Hallowell&Henry
1 Bovr at- IX. T. Tel. Beead 4B.7
' WAN
Asasrlcaa ug
Baric was
ITBB
ties Sstyje Ossa. a
issue
I
Pfd.
staltwsv At 14.
estera Pewee Ptd.
HUMS. McttllllEU l C HEM AN
Baals Stacks I
a Wall St. Psoas M John New ToelrSj
Wm.A.Read&Coa
IiiTettmeht Bonds
Car. Nassau k Csdsr Street. New Yark
Cbloaao Fhlladelphia Boston Londoa
for th autumn were enough to inttuau
rat a change In the atock market early
In th summer, and th change was for
th better because corporate shares had
been heavily oversold. 'Suppllea of stocks
were wanting In quarter whers they ore
ordinarily In aupply. and the attempts
to regain them put prlcea up quite
sharply.
In other words, a position of great
technical strength has been created, and
It waa this technical position, plus the
leaa atrlngent circumstance of money
and the revival .of Investment Inquiry,
which sustained th share list aarainat tha
implications of politics, crop disappoint
ments and th curious unwillingness of
Europe to abandon It attitude of prep
aration against troublesome contingen
cies No technical position laats, how
aver, and It cannot be pretended that
the atock market underwent no Impair
ment of strength thla month when buy
era at the lower levela turned sellers.
Indeed, there were some unhealthy
tokens, sue as were afforded by th
copiously circulated product of th Wall
Street rumor mill, which only operate
briskly when an appeal la being made to
speculative Instincts. Moreover, th fact
that price had rallied from 10 to 20
point throughout the catalogue of stand
ard Issues waa a suggestion, when liqui
dation appeared at th top of the rlaa,
that th objective of the rally had been
achieved. Nvertheless, reaction may be
II that la required to restore the mar
ket to Ita technical poaltidn of substantial
strength, and In that event develop
ment) outside the market may contribute
arguments for. continuation of th re
covery which aet In laat June,
Still. Judaln from the stress which haa
been laid In Wall Street comment on the
technical position of stocks, there must
be an undercurrent of feeling that ex
ternal circumstances are not aa promis
ing aa could be deelred. Thla la partlcu
larly true of condition abroad. Of all
the major Influences likely to affect our
finance and general bualneaa favorably or
unfavorably thgr la nothing to cornea r
with those which emanate from Europe.
We hava not paaaad out of tha status of a
debtor nation, and wa had an Impressive
lesson In the laat twelvemonth In the dif
ficulties which European unsettlement can
make for us. . Our own position was not
so wholesome a year age, but w would
not have tons through th troubles of th
paat year had European (Inane con
tained room to aocommodat that vast
accident of politics tha reopening of th
near Eastern queatlon To-day wa are
If there 1 anything mora serious abroad
than financial tension Incident to the
quarterly settlements, but It la not alto
gether reassuring that the quarterly ad
justment Should And Europe so III pre
pared to make It without strain. The re
sumption of fighting in the Balkans, thla
time with Hervla and Albania aa the con
teatanta. is reminder to Europe that th
traditional difficulty of solving the near
Eaatern question la being vindicated. Tha
intimations made by the French Gov
ernment to the bankers of Paris that It
Is opposed to the negotiation of foreign
loans until French national needs are
satisfied Insure the delay of the Unsocial
settlement of th Issues Involved In the
Turko-Bafkan conflict and delay makes
for a protraction of financial stringency
II over th Continent. Meanwhile, al
though th great central banks' have
strengthened themselves. It la doubtful If
they are any stronger than fhey should
be, and It la probable that a long time
must elapse before they can afford auch a
weakening as would be Involved In facil
itating expansive efforts In the securities
market and In trad and Industry. While
European official discounts remain st 4 Mi
per cent In Iondon. 4 per cent. In Paris
and t per cent. In Berlin after an un
precedented retention of high rates, and
while there are chances that they may be
gain advanced. It will not be possible
to make encouraging deductions for our
slves from European prognostications.
ITnlon Pacific affairs have rather ob
scured other matters In the Well Street
range of vision, but evidence of the ex
cessive solvency of a particular railroad
system can hardly be controlling over
value In the long run when the bearings
of more fundamental domestic Influences
of wider application have to be ascer
tained The leaders of enterprise are not
likely to be Inspired to fresh Initiative by
tariff revision until It can be seen how
fit American bualnees Is to undergo the
resdjustment which revision makes neces
sary. Nor are they likely to be rendered
enthusiastic by the plight of the rsll
roada, which cannot forever apend a maxi
mum amount of money for wages, service
and aafety while, compelled by legislation
and regulation to earn a minimum amount
of money. They cannot make an attractive
appeal to capital for the funds Indlspenss
ble to the extension of traffic facilities,
snd If the doctrine of directors! re
spoirsfblllty laid down in the Interstate
Commerce Commission's demagogic criti
cism of the New Haven board Is a token
of governments! policy the owner of
the railroads will have hard task to And
responsible men to represent them In the
eupervlston of their property.
Neither Is the pending banking legis
lation likely to promote optimistic en
deavor among the managers of buslnesa
until it la ahown what kind of a currency
bill will emerge from the Henate. The
statement made by members of the
Henate Banking and Currency Committee
in the course of the hearings which are
being held have a tendency to chill hope
for the production of a sound, reasonable
and workable measure and It msy be
come necessary for the forces' of Intelli
gence to organise themselves throughout
the country for a desperate struggle to
prevent a dangerous lew from going oa
the statute books. m
RAILROAD ARR OTRRR BONDS.
Sales.
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17 PubllcServtce
Corp N J to. 00 84 mi - 4 81 04
tt Ha yCo Cop 64 118 IBS', 1M4 -34 131 874
01 Rdi gen 4 . 0M4 044 044 -1 n, 31M
10 Rdg JCCOI46. 04 04 044 4 06, tit,
IS ReplAS 6 '40. 814 01 M'( 4 834 804
I Ull. A 1 Mile. 103 103 103 410 100
1 SIL A 1 Mt 46 81 01 01 M 70
3 StLASFgat. 33 884 38 - 4 104 074
I SLASF SW0S. 64 St 84 - 1 100 84
13 SII.ANF gm So
187 51 044 044 - 4 4 004
I St L A S F gen
Is clfs 044 044 044-4 14 N
23 SIL ASF fdg. 71 704 70S 1, 74, SS
0 SI LS Wist . 604 00 80 -14 80 .444
8 SlLSWroBSs .784 78 70 - 4 81 71
1 StPMAM 446.101 101 101 , 1044 1SP4
0 SPMAM cn 4a. 81 84 84 4 304 83
1 SAAAPasats. OS 13 134 04 T04
0 SoabdALrf a 76 T04 74 4 S3 73
40 Saab A L adj. 74 784 73M 4 774 884
18 sstvirrATte. 84 m mm 4 mi a
03 So Pac 4a 004 00 M 1 00 874
13 So Pac ref 48. 014 01 014 4 044 07
14 So Paecvta.. 8744 7 074 334 M
33 South Ry 0s .104 104 14 4 1074 101
40 So Rwy gm a. 7S4 714 704 4 74 734
0 Stand Oaa Is. 01 04 84 1004 Bl
1 stand Mill 0s. 00 00 00 34 34 04
I Tono Coal I A
RR gn Ss. 88 N 00 10 B4
STCAIlstT ire 0 103 1 103 IOOV4
t Ter Aa SIL Is 144 104' 4 144 , 1044 1044
M TexasCo eves. 1004 180 too 1004 U44,
1 Third A v is .lot 104 101 1074103
at Third Ave raf
4BBBW 04 304 104 4 84 TT4
IT Third Ave ad)
ku 78 774 774 4 78 84
mm a A BllllsAI Btl" i""'" than "r wr Sptm-
II. oV U HalllUULrllbtrIn respect to ths position of aeourltlea.
sow was w mw I lli altiiatlntt Ar amaaw and lr
Members New York Htpek ExohaagB.
ass a
'ay. New Terk.
Dealers
T. P. SHIELDS, Mgr.
isvssimsoi aaa other Soouritlsa
I of lbs X'Blud a IS IBS Cauda aa8 Mexico.
th situation of money and tha health!
neaa of trade, but we are nevertheless
amenable to foreign developments, and In
t he paat week European despatchea ware
of a warAig sort.
Perhaps by mid-October It can be
Harrim an National Bank
Fifth Avenue and 44th Street
NEW YORK
CAPITAL AM SIIPLIS . $1,111,111
EPtSITS ...... . $12,111,111
The sJvebie facilities et a eotaaervatlre
laaatattea are at the aerrlce af the esetomera so? the Harrlnua
NatieaaJ Baauc, which faUy recofnixe its
theaa whs entruot la it Ike cttMM f their bualneaa credit sad
SaaadaJ eaaJlal, whether for redaroeal favor or far ssfe keeping.
IMKINI HOURS riOM I O'CLOCK ft. M. TO I O'CLOCK . St.
Uli NPOtIT VIHTt SMS flOM I ft. M. TO HIONMNT
Union Pacific
Cash And Securities
HOW MUCH ARB THE STOCK
HOLDERS LIKELY TO RECEIVE?
DOW, JONES 4 CO. will publish TO-DAY, in the
DOW, JONES NEWS BULLETINS, the first compre
hensive analysis of the situation with an historical review.
DOW, JONES CO.
The WaU Street Joaraal Balltiava,
44 BROAD ST.
Wey-Offwr Co Bartirwrt Errtirw !
f
Mortgage Bonds
and
Preferred Stocks
iaavjasrMyy aiucreefiil Public Service- lporatiom.wrWch
have been fmmotxA by us, and which ooperate in sub
stantial and trtmtnt centres in. the United States.
Bertron, Griscom & Co.
Land TfttesrVrikflni
PHILADELPHIA
ssVVall St.
NEW YORK
14 WMmtfi des Cspodnes
PARIS
lei
Metropolitan
Trust Company
if tohm City
YorA
4t WALL STREET
Accounts ot Banks, Corporations, Istatas,
Firms, Trustees and Individuals reeeived, on
which interest at currant rates will be allowed.
Issues Letters of Credit tad Drafts,
available in all parts of tha world.
Designated Depositary for Court a Trust Funds
Acts aa Executor, Trustee), Adminis
trator, Guardian and Agent.
Tha Union Trust Company of New York (established in
1864) has for many years made a specialty of Personal Trusts
under Will or under Agreement and maintains a carefully
organized department for handling them.
Many millions of dollars worth of property real and per
sonalhave been intrusted to the company by conservative peo
ple, residents not only of New York State but of other States
in which the Union Trust Company is authorized to transact
business.
Correspondence or interviews with persons considering the
formation of trusts of anv kind for themselves or for others
are solicited. UNION TRUST COMPANY, 80 Broadway
CAPITAL and SURPLUS - - -18,300,000
A Barling ton System Bond
To Yield 5.35
We offer, st a price to TteM a.
aa underlying bond of a large railroad
system, the stork of wblcb controlled
br the Chlcaro. Burltaston A Oitner
System. The latter Is jointly controlled
by the two "Hill" tinea th (irest
nortnem ena id noriaera rsrinr.
Portieularo on application.
FJJIMAN&g
Members New York Slock Bxehaags.
90 Broad St., New York
CMssft tjrsstvs RifffVa
net Eicttan IM to MCMgran Mfttrt
uhnit "root tire)
I
Tax Day Oct. 1
We can furnish
1st Mortgage
Public Utility Bonds
TAX-EXEMPT IN N.Y.
To Net H to
Particulars on application
AsMty Company
111 Broadway. New York
WE OWN AND OFFER
Srst msrtf ags bonds serrated by the hi ideal
class of unproved, laeome-prodactag, eea
trolly located property. To yield I! and
Sk W. STRAUS Axe CO,
martgmaa ss Bawat ai.nAaee
kRSTOUo.
VVHSUblinu ans a
OONSTRUOTION KMOlNtCRB
PVpiulmomomn man" Vo"
SO Sirt etroot New Vork
MILLER, FRANKLIN a CO.
Efficiency Engineers
WHITFfJAI.I. Bl II.III.M.. NEW TOBK
Production Increased Operating Expense
and Coots Reduced. Examination and Re
port an Profit Earning Va'uea af Propert a
IwTCt afiaccn & 'iPavie
IIJ BROADWAY, NEW YORK
NEW ORLEANS SAN FRANCISCO
Inter borough Rapid Transit
Company Bonds.
The uaderslgaeS hereby gtv notice ttavt the
offer to exenaaa laterboroagb Rapid Tran.it
Company First Mori rare 01-Year Bonds called
far redemption .a November 1st, Mia. for the
sew First sad Refunding if one so 04 Gokl
Bead of that Company, la bow withdrawn and
th t ao further bonds will be received forsxehant
J. P. MORGAN CO.,
FIRST NATIONAL BANK,
NATIONAL CITY BANK.
MtW York. September M. 1811.
am BBBBBBBBBBBB
BaaflBjlf Capital
HjlWxBffill 82.000,000
H Surplus
87,000,000
I 1
for Perxotial Tnasts
aa 004k SO. BawVaa
Empirr tJruBt tHompany
MAIN Omce. 4? BROADWAY
Braacaws
SS Plfth atobbo. eoraor 4 tth Street
aa Ceatar treat, oaroer Nassaa Slroo
aa ru.t m..
7'
irj'a
. 93't
78
M'J
High
Sales. eel.
J3 TSt I. A W4s. O.V
I Tol W Val 4a
sere OS'.,
S TrlCllyRALOa 04' 1
8 Vnderxround
of Lon 4'jS. M
W L'ndercround
ot Lon Inc . '
M I Par 4a
38 I' Pscref 4s
100 1 Pac rv 4a.
1 U Part'B 1st.
IT II RHSP fd W
t U s 3a coup... nr." j
0 SJareg ... at
1 VSHUi'A Us. 60
11 CS Rubber 6s. 102'
Ml US Steel f 0. 101
10 Vs 06 Brown
BrqeACorlf 4
10 Va-CarChlat. ul
1 Vo 10 AC. So 81
11 Va Ry la lef,
trwabaah UI...I04
6 Wabash 3d. . us
40 Wab Pitts Ter
Ry 1614 elf. I8V4
21 Wabaehaxs. 4344
10 WsahTtVts.. I1W
14 Wea'o Bleros.l01a
t Waa to Md 46. Ta
10 Wssushore 4. M
4 WsstShasrg. 10
West Un gsja. IKi
13 WesUnghous
Rleo ov ts. . M
1 WhALBlstlOt
tl WU Cent 4s... H
Low-est.
56
V,
00' ,
00
MM
07' s
VI';
WH
7
M
ire';
88
St
IOB'4'
ioiiS
4
H44
Ul
oK
10014
0S1
IS
u
01)1
ot';
70S
04'a
01
8J!t
81
103
87
t'loa- Nt lilt
Ing. rh'Htxh.I.ow.
01 -1 00 47'a
to'i 4- M OMi m
80' a - t 08' j M
3'4 00
oe
87'i -114 M'i s7
07'a - ' MB". 95
02' a - ' B.va .w,
Ittl, 4- ' 7 Ml,
71 -It 01 70
50 S7 tltt
nr."t '4 ins, 1011
00 1 10H, US4
5 1 00 ht)?
10?'; 4- t miij 11K1
iwii im aeat
4 - ' 59 43
4"a tin on' 4
8J 1 u ki
06 4- i BM U
104 1 lets' MO',
8S 1 08') 81',
l't H 27' M
51 -1 111? ,
tltt I if-" 81'
1014 i irui, s',
70 - H 3's 7J
05 UK' 4 Bl
01 - 14 07'j 80
01' ill, wl' a M't
Ol't - "s 64 74
101 4S lffl ltaV,
ST't ', MM hi
TlAlVJACTIOltB FOR THE WEZZ.
mm Otker S
IKt,
yield.
Ssles. High
04000 24
70O
07700
2180
I 01
7 SO
as
100 ' 471
100 1 3 3 7
00130 K6I4
7.83
441
a. m
10.7
too
8 24
.11
10 1
:ao
000
2400
000
1000
110
ee,.
47i4
a iil
es
sn
00
1 u
30
too
2050
500
1050
100
1000
8825
4 24
OS
41
U33t
08
34
I 03
4
tlMla
1640 1 013
400 Ifirl
8.3 7
ft. 04
17.0
8.03
0.3 3
fl.3 0
6 I"
800 1 1 na 1 1 1
1433 1311a
1100 2 3 01
200 101
Bend Bales.
Ust wee. 18.6 03.000.
Previous week. 18.17 8. ono
Jaa. 1 lo data. I3B4.030.O0O.
RAILROADS MADE $840,000,000.
laerea.se I si Net Income liver Last
Tear I gT,SS,BT3.
The operating revenues of the railways
of the United States for the year ended
on June 10 were 13. 171, 445, 8: The oper
ating expenses during that period were
2,2O0.tl. SKI. and taxes absorbed 1129.
611,471,' leaving a net Income of 1840,
171,111. While th Increase In Income waa 178,
412.171 over that of lilt it was only
14,140,146 over that of 1110. During that
period 10,000 mllea of line and 26,000
mile of track were added.
Becauaa.vf Ilia conatantly Increasing
demands upon their revenues for exten
sions and Improvement of service It is
the belief of many rallfimri men that
such H gain in net in, nine is insiitrlclt'iit
and gives hacking tn their argument that
an IncreiiBB la railroad rates Is invvi-
s locks
0.44 Adams Express
AlaskaOoM
AlltsChmsOlh pd.
AlllsChm ptlh pd
7.80 Araalgsmtd Cop
Am Beet Sugar.
A 1)8 Am Beet Sua pf.
tl.80 AmAgChem...
0.07 Am Ag Ch pf
7.7S Am Brake Shoe
0 33 Am Br Shoe pf. .
Am Can
Am Caa pf
Am Car A P
Am Car A r pf...
Am Cities
Asisr cities pf ...
Am Coal
Am Coal Prod
7.14 Am Coal Prod pf.
Am Cotton Oil . .
Am C.t Oil pf....
Am Rxprsss
Am Hide II....
AsH41.pl
Am Ice Secur . . .,
Am Unseen
Am l inseed nf. .
Am Locomotive..
O.Sti Am Loco pf
Am Malt Corp. . . .
Am Malt Cor pf .
Am Smelling
Am Smelting pf. .
Am Smell Sec...
Am SnufT
6.011 Am Snuff pt
Am steel t'dy.. ..
A. 33 Am Sugar
6.10 Am Sugar pf
8.73 Am Tel A Cable..
O DD Am Tel A T
Am Tobacco
Am Tob pf new .
Am WaterWka pf
Am Woolen
8.7ft Am Woolen pf .. .
Am Writ Pap pf..
Anaconda
Assets RealUta . .
Associated Oil
Alch TASK
Alrh TASK of .
A. 81 Atlantic Coast L.
4.8ft Baldwin Loco
6.70 Baldwin Loco pf.
6.3 2 Baltimore A Ohio
0.00 Baltimore A O pf
Bstopllss Mining
Bethlehem Steel .
6.0A Beth Steel pf
B V Goodrich
7 .7 8 B V Goodrich pf..
6.70 Bklyn Rapid Tr..
6.38 Bklyn I n Oaa....
- Brunswick Co. . ..
0.81 Buf R A P
1 1 .3 Butterlck Co
California Pstro.
1 3.0 Cat Petro pf
0.46 ( sosda south
4.31 Canadian ParlOo. i77a 9 3 47
im raeiuosin pa iuu acvwi
Central I. rather.
7.60 cent Leather pf..
3.33 Central RR of N J
6.88 Chesapeake A O..
Cen Coal A Coke . . .
0.07 Cent s A Tel...
Chi A Aiiea
rhi a Alto pf ...
0.44 Chi A Nor tk west.
4.07 Chi N W pf....
CblOIW
cbi at w pf
4.70 Chi M A St P
S.26 Chi M A St P pf..
0.83 Chi St Paul A Ora
0.US Chi SIP A Oa pf.
Chlao Copper . ..
0 CO StL,
-Week ended Sept. 27
'safn aepi. j
Low. Closing. Chan so. Highest.
tOO Jan.
301 23ls 31 34 Sept
734 May
17 103 1 01 Sept.
7 034 76 - 8 801 Sept.
26S4 37 - 7a aoia Jan.
S6 Mar.
401 47l- a 07 Jan.
00 Jaa.
O6I4 Ja.
13 37, 13374- 37 1365 J.
331 33- 1 67S Ja.
B37 B37a- 31 I2OI3 Jaa.
4 07 46 - 1 ft li .la 'Jaa.
117 Mar.
3 71 3 7tg I 4834 Jaa.
60 60 1 7SI Jan.
70 June
37 Mar.
100i4Jaa.
418, 49 - II 07 Jan.
00 00 4- I OS May
168 Feb.
41 414- 1 01 Ja.
28i Fab.
337S 23U 273 April
0 o-a inja.
:in Ja.
3 3 3 34- 834 4 41 Jaa.
1031 10314- 14 10 11:14 Jan.
13 Jan.
48 47"- Stat 6H j,b.
O0I 671- 0 7434 Ja.
IOOI lOOl- 7, 107 Fab.
80 Jaa.
160 160 -,8 103
100
17
21
10
11
10
0
11"
4
15
s
0
0
8
10
11
11
10
ton
100
331
81
381
78
0 04
00
400 133l4
400 4414
0X00
1273 ,
8173
900
6020
100
1000
000
500
I0J
6000
06
811
3 61
73ie
381a
00
00
100 I 381
73
5250
1600
1000
400
4000
100
301a
OHO
84
04
000
87
1100 1301a
ion 800
oioe 1 oHig
010 134
23700 4 31
Ja.
Jaa.
401a Feb.
Ill - I 118 Ja.
1160s Jan.
661 Jan.
1311 I8II4- I 140 Jan.
830 330 - 1 30434 Jaa.
1 OOB 1 01 I0H1S Jan.
00 Jan.
821 231a- 14, 23l8 Sept.
81 81 14 82 Sept.
33U Jan.
37 373- 11 til Jh.
70 70ia- 9ia ISO Jaa.
431 Fab.
0434 0014- isionaeja.
081 08l44- l4 lOil Jan.
I 21 i4 1814- la 13.i t Jan.
43 43 - 1 7 031 Jsn.
1 oft 1 a Juns
046 0434 - l34lO3Jsn.
811 8114- 3 88 Jan
347, 3.M4- n4 4 Ha Jsn.
73 73 4- l4 74 Aug.
884 38 m la 118 Jsn.
00 00 4- 14 lOftl Jsn.
887 88 la 02'4 Msy
138l4 ISSI44 l4 1377 Jan.
7 3 73 - . tg H.I4 Mot .
110 Jan.
3 1 1 eb.
1 7ia 1 0 - 114 fttiia lab.
A3I 03 - 6la Stl Jan.
6 3 Feb.
8304 339 3flt134 Ja.
9871 3271- 34 339 Aptlt
880 83 - 1 14 301 Fsh.
0314 037- a 07I4 Mr.
3fl"J Jsn.
0734 ftm, . 1 ho Jan.
37 87 87 Sept.
110 April
18 Jan.
804 I eb
1981 1981- 9 138 Jaa.
IBS Mar.
1 77 Jaa.
384 90S- I 30 Jaa.
IOHiiofl8- 1 8a I 1 6I4 Jaa.
1391 134 14 ft Jan.
13ft Mar.
1 A IK a Jan.
403 41 - 31a 47AJa.
OA alaS.
1813.
Lowest.
28 1 307 Mar II
20 1 00 Sept. II
1 Jan. 10
41a Jan. 14
610 Juna it
104 Jubb 14
70 Aug. 14
4 1 14 Sept. 3
091 Jubb 1
00 Jubb 7
198 Jubb 10
31 Jobs II
80la Juse 10
361 Jus 10
log Jubb it
331 July . I
001 Juas i
70 Juns II
80 Jaly II
100 Jaly 1
33la Jubb II
021 Sept. 1
110 Aut.
3ia July ;t
1 61 JuBS l
1 7 Jubb it
67 Jubb It
301 Jubb 10
37 Jubb it
007 Aug. II
73 Jus ,4
40ia Jubb is
681 Juas is
07 Juas
701 Juas 14
22 10O July a
21 100 Juns 0
1 SO Juas I
II 1044 Juas tl
20 1 101 Jua : 1
10 00 Mar.
1 lSftla Juaa is
10 300 Juaa
27 OA Jaly 11
Oft May :i
27 161 Juaa II
13 74 May 1
2 16 Aur. '
2 307 Juas 11
7 ft Sept. 1
49U Jaa. i
0 27 JuB II
lot July
1 I 3 JUBS 1
40 Jun. 10
1 0014 jua. la
ooo juns P
7 7 1 June ' I
I Jbb. 'I
2 ft JUBS 14
8SI4 Juns II
861a Juns '
8 8 V Sept 4
k..4 J uns 0
27 1 2 I Juns 10
14 1I Juni I
30 1 OOla J his
0 9ft (una
3 1 6is Jul!
30 4ft Juir
II ft8a Msy
0 3081a Jolr
17 203 JtllV
5 1 7 June II
3 88 Juns it
13 87ft Juns II
g ft ii July 11
25 8 7 S.pt. :S
17 1 10 Apr 1 U
2 71a Jus l
1 2t ITU u -'
0 1331. J inn '
181 kilt
1 oia lust
33 Juet
08.s .' IBI
1 3 I 1
I I 0a
IftO Jo '
MOTs J UBS jj
34s A ;. I
i
7
in
a
20
0
8
3
II
10
17
8
It
21
a
M
1
;f
;3
II
IS
I
I
3
I
0
0
30
8
21
II
;l
4
il
II
II
II
aX

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