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FURTHER DECLINE IN COTTON MARKET Ltiii Mutton Ittttttfiri hy Rp. port of Offi-riims nf Snutli ttn HolnVrs. RKStRtl TION ON KX PORTS Hr,t of n'enVrrHr-n i-tv, rnarttMs. e-rtlnua-l grind weithrr and fears of snnth.fr dnn'tlncV in Ihe rvdtnn naport BttWltlnri u-n responsible for .mother 'harp desMlne In .-nt'on yealordny, prlrea I'rraldn nudes- ri'ni soiling Tha rx Ipftnp areas, carried .Innunry dnwn to It.Rt, waV-h tif 11n prdtrtl holriw the high level nf ihr ion A ten point rally bef.ire the rinse made the net lone r matter of abntli A pnlntn Aeonrdrw; to Irsml asml broker, the Sfiirth (MM offering unite freely yester day, whli'li -n. In sharp '-ntvt-n.M wltti the frmnw Of h'tlder hotatj for the last M mnnlha It la the belief In trade rlr rM that I STent dsnl Cif ap. i-ntton. far mw tfun n rial, has hot-n bought tiv ennmilAtlve country IRaPUtsaRla and held for a rise. Tlmse htiyera have taken the offerings, of fa'rt'r and paid hlirh prlrea for thorn, imn'h higher In flirt than hlppen and M port era wart willing; to p;iy W'otk'-nlnK OH tile imm Of these PPOtllfcKin prt babty WOtlM furnlHli ns'tin .rtn 'or p 'tis Idera Me 'intlgc selling, TTirre Wen .i'wi n report In oltviilatlon that the llritlah invorntnent had re Qasatetl RtitTllati Insporqara to lie vory epnrtng in their purchaaea of roftOB In ordr t put aalisjttt n btsrden aa poaatttls on the mi hang ntarki I Whits the weak neaa in foreign exi'hanei' nigh: .iiitstlfv euch a stop i? WOSlId hardly be OOfHrtltOlM with the mitotic of the Hrttlsh ' ;.r -entlllMIt, Wh -M hot rfori-M a hlnrknde of Tetimt : poftf ami ha, nratrl'rd Im pora'l"ns b inlja' nt tontral wtitttrlpa. If limitations art to t pklOftd on ptir ohnoo by British Intporttni tlntw surh MllOII would furnish OOOMlOfl for a ffod tloal of htMnifncnt fn the pa1 of iotton rrowln IntTot-tK In this rountry At any rate the reports of easier spot mark-Is whlr-h etnannte.l largly frnm H9H OriWUII Induced a (Treat deal f svll'n. Th market. In a nprul.i tlve 'ense. appears t he fairly well liquidated, Sim. of the larger hull Interests ..' OUI of t'ie market several dolhxrs a bait hither Up and ar now I" a poettlofl to buy a aood deal of otton In -ise the market shows stam ina. One of the local authorities In analyt ic '.-. movetnenti In previous hull rr.arkati has H til red that when any hull ma'k' haa l'cllj.d inn to 110 points rrom pravloua high levels It Harts tip anil), This Is the record of six hull market! 'p the last twelve years The explanation for this phe nomenon is to he effe.'t that n break of inn points or so eliminates weakly hem l"hg cotton and afforda a readjust ment of the technical position. Southern apol markets, a offlrially reported, art re quiet, 7 to 1". po'nts lower. The :o,-irt market for -vnt oot-t-n was steady. :. not its decline: mid- diinr, ii.it Futures rinse. 1 steadv H'ch Low t'los est est lug Prev close 11 ?T!'.' K 12.y0fi I?tjef.t4 12 STrfi it 0 i: aiarli to l.sst year ne.smber January Msrch Mar . Julr it :! i: ":: t: It i: :i it lattiti 1. mi :: IM1I i II i: 14! 'ii i T-itai port recelpti H.eel ti'c .se4 bale. Kccelple : Ve.ter Lgtg l.sst .las we.k yes- oew nnelAfl layii : iim Oaltrealon a : 7 w-j it Mobile ... r,; S l.ttf Chsrlestoa : is: i.:m rHj Ssr nnsh . MX '.'9 10 Wi Wilmington. . lt - si '.sjj Norfolk . I.UI tM ;.lt loieiin- tactlBts: Tester Lag) Last diy s-ek yssr Auntsts ... 4 'If. l.tto t,ll Menvnhis .",.117 l,TSf 5irl i Louis ,(a t llnusinn lUtt 71,434 je 4 Kxrnrts. M bale- Tntsi thus far fnr lh; sesson. I.1M.STS biles Total iit season 471. 7S hale Southern s;ct ant tock !.' yest r is t"4.::n a), til in ?i I.4SI Pslen Srmts Sticks 1W Galvcsrn'i M 777 '0 1,7 at Vew Orleans il.M . - -!. .... Moh: It.U is K"1 I u innah iron iM.ta .... Chsrl'finn 120 w.4,'1 .... Wlltalngt4M, . . n It 7 is IJM Norfolk r ft 'J : I.' J. August ... ii :' III Ml MM Memphis It It 141 S4 .... Bt. Louis iu h.r:: 2W Hnuitlr ii t no taijj Th Livsrpool raarkei opened .pnet ml,oi lis 17. '.;i i7.tt Th.re n nuvi ii.. ipnian.i r ism. vs in co'.tnn Willi lll.il-ll.iij ' i, mills deellM t ipol Kales. M.ano bales Re. ev.ts. .. bales ill Americsn M irkel ' lns.,1 stevly THE GRAIN MARKET. Teee Rumors 4 I MO t heal losses f'orn Rules I'lrm. The roj.ort that Herman '..111. nils would oon sui.inii a peaoe plan foi Praaldenl Wileon and Klnir Alf..ris.. aftartually vuted the rallying tendency in the w heat list. Trices had rtX ovt red nearly rhree cents a bushel prior to the pub lishing of the political ne. While It Is realized In lie. w-ln at trade that many weeks mltrht elapse between the oonv inerw'ement and the terrnlnatlOfl of a peace discussion, any possibility of the onding of the war before late in the spr.ng Is expeoted to have a decidedly depnes.nif effect on wheat ralUSS, as UriBsIa ic anxious to ship pari of hnr ostimatsd wheal surplus of lio.ooo.ooo bushels The sharp rally In the market Just after midday was caused partly hy a renewal .f the heavy short OOVSrtng for laiae Western r 'crests, Tiiere SaS very llttla wheat offered f"r b time. It was Inttmafgd thai larga Chlaafo elevator lious. s i.ad .i'st... Led much of the recent selllim and that 'lie te.-hnlotl Ki8ltlon of the list had baan greatly stremrth ened, Sentiment in the commission hoigMss was not eapsclally bullish, how evar. It Is maintained in various quar- re that It Would nol l.e an easy task .. engineer a bull campaign In wheat at 'ills slase. especially as foreign sup plies are I TIC PS Siting and 'In. nestle farm erg have vast amounts of surplus wheat 10 1 e wor ked off WelkneSI during the fi.re nirt of the ses- ' wis iii reflection ..f the niesl wenther. 11 Mined hu;r farm movement and ihe . ..l ... I, ishfli mi ihe world's i ... lupply StSltmenl for the last week Amen fin wheat visible "locks were p1se?l ni n.aos.ats bushels atilnsl iii.ns.prKi nst vesr and the total n Karope at 7'i.ooo.eno i.a.nsi 11,000,0410 a year ago The I, verpnol market Ma- uli'ler pressure yesterday be vise then w,-r, larger whesi srrlesli and - 'Use il able told "f helnful tuns in srrentlns arid of a heavy exporllble sur in austrslia Rurons'i hesi area for the cnnntiir sea . . II he generally reduced prtneipslly ' . ot ihs tosrclty "1 Isbor The iiros pe.sivs decreise in ihe ties "heat arci of llis I " nit e,l fetatel is estimated .11 II tier .-.-it '"ClItN Xht iccumtllatlon 1 corn lontracts ' . more noileeabls durlns the ssssinn I' is believed 'hat Ihe bulk of this bnvlnt has been for laite shnrti Country offerings vers nol beset although Ihe we-oher is .'v suitable fur the placing of new earn KatlifstNori 1 lor ihipplni The s "'igth of ihe lorelsn "i u-k'-t iiad furtnse ' isnoe her-.- '.en th'.'l.h Ihe a. null es norl i t ..g ia. ks imporlsni iiroporllons while iln ,i-i nften moreil in sympsthf aitb. 'he . .. .. hsngei i' ass evhtenl that theie was indsneodsnl strength ' limes OATS The marker fluctuated line ith I hi I'llSnsSI In other' nrn'i- Tie' ipeculsllrs tr idi wms veii div.'l' .' Riporteri ami Inaetl .... gtodsrsls buyers ai the iiesllns ths ItSSh SSpOtl bUllneSI hem.' place. I t neti l.iishejs Interior reeelnli. L.'aniMTO. ivitnst ..si s v, o iiq wei.. dieappalntlai in vlsv nt thi i.ie.ai wsatper eondlllaas pre ta' ng Ihroiuh the ...iintiy PROVISIONS The market wss weak all nfVfJii. PVtrPrt M not caute mneh olrt Sum ktu 0"iletlve Interests Chleafo prtrts: Open High est 102 104 l I"', Low est H 101 w t'loa Prev o nesr : December . Mar Corn: December . ' Osts: In ine cloee. 101), IKS'. MS m 31', I HI L. I01U lots MS .TK, II to m ;t MS M' 3S it is 1 in I n at tr 7 October .'anuary loot 1 or ii ClrlcK, January ii, i,. si I H si October January 'J M T7 New York wheat prices Open December ,nt Hlsh est Low est rios ins infs I THE B08T0H MAR1TTT a.?.i ?2,J? "ea flrm ?n M, hlwk -T" mti 9t ranhr 1 iSTiT;IP.3l ! Points Popper R.n.e rW m.t.i VSL n, "n S Amcncsn w "rT," and Atlsntir Onlf and lowVr .ry 'ro-'i".'ly Ssles "pen Hl,h Low rios Ins is Ahmeek Alaska Odd . I Algnmah loon Alloues IISTn Anier Zinc .. "l Anaconda HO Arlsona Com . m mute Ral .... iWi nntte a SnneHnr SSI Ins JUS ,t2H M MS 71 B 1 BjZ 7S J MS iws s sis si 7S I IS 8 MS sta lls 8s ii 88 sis 17 i7 8 MS 4.1 laj 17 M US s lS 5S in IS14 10 T S". IS iiS 84 MS 17 I! 1 2S S ? 2 84 n 78 7S is 4 B if I 1S i MS P tH 7S II ios J 7S 7. ISS a 9 84 mt 1S i :m iH MS J" M ( II II 47 t IHS If1 'i 81 m vsilimei a ArtF 1" Calumet a Recta 841 i" rr vnino ... '51.' Ulr'p"' "e MI4 r.Tb aflRi mine , r rank II n 7".4 Cranby S0 fireene rananea Tl Hancock IN lledler too Indiana IS" Inspiration Island Creek t Island Creek pf lilt Royals IS Keweenaw Hi Lake 5 Mies Cone 127, Mayflower ITS Miami 10" Michigan tsa-i Mohiwk 1" Nevada Cons il" K" Aresdlan i New Idrla 11 Nlpissina . Iiw North niitte. II" North Lake .1, Tun Old Colon)- . ion Old Dominion.. , inn (..-,, ,1.1 I7 Pond Creek .... N Qulncr 4?. Ray Cons mm rxsnia re in shannon I44S Shaliuc 11" South Lake ... .wo South Dtafe i"" St Mary ... JTT Superior a Bos WO superior Cop T" Tamarack tr. Tnnily ?"0 Tuolumne Ml V S Smelting , '7 C S Smeltlna pf J2J. I tih Apex W fish Cons 4-'' Utah Copper fat Wolrerlne US IJ't S 1 9 ;S JH4 17 t7 t tS E .15 US IS 5S 111 s II 10 t ii IS p ss if it ts ?5 S si MS 2' 77S S4 i"y 43 MS 47S M r, . 8 44S MS 17 s 1"s 5S us 10 n ? ss 17 M s 7 s p rs 3 S 13 42S 47S 1 Its sss M s 4.1 43 47 S lilt Sit 1X1 45 4: t".i ir iv j SI'S ft RAI7.ROADS 1"e flcston g Albany 10 TS4 Poston Klevaled M 40 llostcn a Msint M IS lloston g Me pf i( Chi .11 a - v nf WSVJHIH lis 1 Norwich g W pf lis 1 Old Colony 'V Rutland pf ... m 74 1'nlon Paclhc pf Ett 71 Wesi Knd SI Ry inn f. tl 44 lt J 1S1 ISO Km ISS M i: in ! isi ISO a n 4 hi MISCELI.ANKOl-s 74 Am Are Chem 71 Am Air Chm pf ..' Am On. ., "IS Tin ::4 MS 9s as S4 3 I I ITJs i:h i: If n:i u: r-, n;4 in 11514 us inv i;i. itist 1:4 i:ih H v.h r 'r.n i:s Mil 9- ml 4 SI 4 n NH "5 :i u 3 31,14 34 3144 I 9 5 rJ : :s II' W 11 119 14PS tM 1W lie : tr 4; as sTv, ansa 134 134 IIIU 13344 IIS IIS14 11H 111 S4's 314 SI', 3I, St S p ;i H3i4 litu lijL, i.iii, 11 in, is aftl I :t si. :, 4SV, Itti 4T.I, 4ft, 113 If.H IM H3S 114. If us If ,"14 ,11 k i v m 14 is is ' ' Am Pneu Sery pf I7i sr. am s-.ifir 4: Am Sugar nf S71 Am Tel a Tel ITS Am Woolen 0 Am Woolen pf tl Amnskesir mi a d a w i la A ei a w i .. Ms Kasi Boston I.sn.i m Kdtson J Oa Ry A Kle in ril Elec " Msgs Qmm pf 1 M.-Elwa'n pf 7 N r. Cot Vsrn pf 111 N E Tel . . IK Rsrifl a Co I Tnrrlnglnn !f. Tnreington pf ,t: United Fruit in r ..... I c... St.. I. 1" I nited Shoe M pf 74, ar..'i r s steel ICS S'cel pf I4W Ven"ura Oil it; Western I'nion ."'i Wollston l.snd RON IIS t'snon An Tel Tel Is " "iTne Am Tel a T o-s '. ', a 0 a w t h ism c 6 a q jt is a:s i os Mm oai is sis W N Cnt Vsrn Is 7IS i'i N K Tel Ss 10S ?'.'' S:lt s 17 lfvi Wrs'eru T A T Ss SS I'SS 11314 fist Sti US inn-. IMS li t)4 .,-14 satt S7 9114 THE BOSTON CURB MARKET. HUSTON Orf I'fi Ths Boston riirb rlOSlSg bill sim! gsksM quntattnns follrtw nut AatM aisarsda w 1 Bay Slat Oss ! Jl Ringham 7S Tt Bnhsniu ! ts rWnlo M 1 Bnsion Ely 3 Bums nurl l.ntulnn 31 3? Buns Ns York t4 J Cslsr.rss IS IS California Cnrhln fl? Chlsf Cnnsolirlalscl W 1 ConsDlldstMl Arlsona lltl i "-is Consolidatsd Oottpsr 1H IS 4'orlsg SO 70 rr-mri Rsnrvs 3." 4 Davis I la I v 1H I'i F.sgls rilr.i BlUSDSll 14 'S Eirst National.. 5 '4 rirsi Naiionsl IS IVt Houghton :s ' 3 Iron llloggnm fl 73 I. a Ross I" 1 Malg-sil W M-Kinlr Dsrrairll M K Msglosn Mstsls '29 ?4 Mlnss nf aitMriOB JS ?S Baltlo 3 Si, Npw Carnslla S Kasada Uougias 7i Old Dominion rsrnpis w ts Ohio roppsr 14 is Onso 1 IS Onnmlaaa IS Rik.r SS i ioulharssl Miami sn Itawarl Mining M ts Pnltad Vsrds Kxtr-nsinn .. SS I '1 all Mslsll S S Tonopsh PalBietrl 3 3'4 Tnnopan Mining ss S Yukon JS IS THE PITTSBURG MARKET. piTTSMi'Rfi ot :n La off to jafajf, thnn rPt'Ovpiwl ti thp Uy of Win.low iyimmn I lOMQ 1 OWvSf prnoflngT iMiifa wrf Btrnnr nl!p Iron ntfl r.V n Ion for (slmm MilohtlM Nutionul V v Thi umnifiry Hiah Low 01 (M hs!- -nr l put inr 504 i 175 Am W til a pf M ft ttwn Am W Oil Mrh M M -i Am W Him m pf i?fi i:t. iff-j im 10 Cany Uivr nan w .I0s ,v jn irwo rnhimbia OAF tr. it lH lift 1 r. Harh Walkpr pi W W W liulPi'pnflpnt lirwtj i W 4 4 sf- Indcpt Brwif pf. 1 Iw IW " moU Iron Mh IMi MH P. r.a IJellp Iron pf 119 in 119 1H '.I Mfm U A Hp 4r'4 IM i, 4(s. 4!V4 ur. Nut Firoprnoflnt I1V4 IJ H'n 1? 10 Nat rirepfrsr pf... U "V, tl I'SH Ohm KupI Oil r. U h IW 17 OUIa Nat Gbb 70 H W W ro piitlburi rlrwg Ta S fiT MO PUta Hrwa pf ... 19 IfV ink IMunurir Tnal 1S HS M f- Pitti Oil a om r-i M io piita Piatp Qai no no Ito no r.fto put Illvw n a i 10 10 10 M Purp OH I 1 1 MM Han Tot I II 21 i:. Union Kattti 09$ m IM i IS :s0 Vn Swt'h A His lIVt IMU ItW 1 M I ft fttppl s If WVnthi Air Brak IHS l HS N'S HA Wvihp Kip". - Tl 74S ' ' RONDft Mitt Brr tt 1,1 H H H rm pui ii Coal rVha N M CaataaM aaaatlrtl Yesterday. Tiis total raaalfltfi for duties at tha Custom IIdub yrstfrday Wore $alt. SiiJIt. of which IlllitlO.tf was rnr marehandlaa withdrawn from bonrli.rl warstiouaaa end isna.sit.ao for paoanl ImportatloHa BUYING OF PIG IRON BEGINS ON BIG SCALE Salps in Ortobpp Mnv Roach l.flOO.OOn Tons rmllp. tinn of $Mt n Ton. There are Indications thnl the buylns movement In pig Iron, predicted nboul ten days aso, has begun, with transac tions amounting 10 about 2.rt0.ooft long In Ihe Inst week. ftlnre the first of this week several lane consumers In the " ntral IVest hnv quietly closed contrails for both foundry and basic Iron In the lake district for delivery over the laet quarter of this yenr and Ihe first hnlf of ISIS It would not he surprising to And that COfi.non tons have hee.o sold In the last few days. hut the huslncna Is I m nvw to tell the I nrnct extent of the buylna It Is eetl mat'd that ficfober sale.- will amount to lon.nnn to l.nnn.non tons, of whbn more thnn hnlf will have been closed durins the second half of the month Thus far the Increased interest In the market has not been reflected In much higher prlcee, hut an advance of mo ment Is Inevitable, and conservative In terests In rlmest touch with the nit tin -lion decla-e that there will lie a "whirl In the murker' before the close of ihe year, fine battle scarred vetcragi 1n pig Iron campaigns has given wing to the belief Hint pia Iron will sell ag hlnh as 4n vr ton next year This of course Is an exaggerated statement, and Is given only to Indicate the trend nf the market. On tlio nthpr hfin1. It. may hp IntPT-rnt-TTiar to rtnt that a thorniuh PfttlVaaM of 'tuiminnp !r Knutorn tprrllnr . ln'hKl- ItTag 'innctl'Mit. pnntrrn Npw Vnrk Mid part of Nw Jprary. im-n that nmitt forty mpltpra nf foumlry Iron ;i i p wtl UppKMl with mrtal to mpot thnlr r qulrpmrntu wpH tMroiich thp MnM fw monthf of npxt ypnr. In half n dOMII I flSt MlCtS conn U morn report HS t h' thfy ha1 p'lotinb Iron nHrfh:i?pi tO mcM thplr i p'luirpm.tn to .Tuly, 1!Hiv Most of tHsttl hnvr atorka of Iron or iron pur 'hf4.1 whlrh will carry thpm throtijrii thp first quarter of nrxt your. Th-rp arp only a few iMMttinSffl who report that t hey hav pun-haM-! Iron only for thia yrar' rp(pilrpmpnti. Olkl of thp inowt carrful buyprH flp rlarpn that iron ii rhpa toIny, nn. hp woijW btiv liberalR, no' withjttan-llnfjf pr?ont HtiH-Un. if Ml board of (irr,-t.r?, WOUld sanction thp purnhisp. Jt may bp nntpgl, h ypvt"r. If j rPFPv rxporlpn- Ih rmrnp out hy thp pat that atl Asd-vnno- i f .utothpr floUar r ton will ba the Hlsriuil for addUIOtlAl hpvy plirPHM i of plir I fat), ppn b thp ronmH4irji who now vv that thplr rintla ;rp covprl for thr4 to r!np ninntha It rs'l matrii that spvpral hnn1rp'l thsHinaruI totrii of plat iron arp lr tin hainla of nps -ulatora, or rather In the a.n'lS nf tvnijiuniinir mtprpta on pppi-iit ttlVfe ar ronnt , that is, thp ant ! ip,it"l thPlr or dlnar rfpilrpmpnta scvi-rai mi r i. - aO. (pvpral nw InqtilHpa fir cant irn pll nrp In thp markM frr papo". amounnna- to nboUt H.OdO tona. 1rtcli1 lnr MOO tona of 2 Inch ptpp f r Jtio Janpim. Hraail, ant 3 3-." tons of 1ft to 24 inrh piip for another Interpj in thp Mine city. Therp ia a o an inquiry for gO0 tOM of t hirh ptpp for nhipmpnt to Honolulu, flawatt John .1 pick. wh haa hppn SWtVtlSd I h- rnrnl contract for J.'nn ton of i to 3" inh plpp foj Ka.t I.typrpo-.l, hin, haa p1av-1 thp orflpr for thp pipp with thp HooMalp plant of thp rnitet Htatp i 'net Iron Pijip nnn Fmm!ry 4'oni pany. R f Woo.) 4 o . r'yrn, havp tjrpn iwanM a contrtrH f I ft ton- of tl. I H!id trt incli pip- fo- I'oitfsviHf, Pa., by Partrl'laT1 A- Bltkft, tifhn wprxa nwar-lp.l th- Knprn! cntract Tht ettjf f Nw Bciforrt f'nnn , hftl Askpit for tPU'W-rn on I torn of H, fi, in ami 3" Inell ciat Iron plpp an1 ''cht y torwof spsolal cTAutlnafi Bids will hp rf- rpivl oinihr 4 T'ip town n R11.1 911, Kan. bin pltced an orrler for Jtl t'na of S Inch pip' with thp ITttttttd S'.i'vs 'ant iron pipp ant Foundry '! pany at ISS It 1 t n ds)tVSrMl. Th town or Millar. In-1 . bus Jakpn blda on 194 torn f t to s inch pips ni Bayard, Nsb . :!1 rivp bldl on Novrmkr II on 1 "f tOM of , H and I in Ii p:pp . jShtaffh :inl WltkC sh.irrp "ril t'om pan tt- in thf tnarkM for 500 topj. of atruoturnl f-tppl for a coil haUldltnf pistil at Aihloy. P, Aiwirdmir to opp Mlthorlty all of tha Ursp ton.trnctfi for war munition! np'-.IM in thp IwtWSdlSrtS fiiturc Wi ft anno1 In thp ss1 r" dsys On ths other hand it is knfwti that spvpr.il contracts of mo v;. 1 aja atiii psndlni snd .niiittonai in- qulrlss put out ypatprjit v Included ! oao ir.ri mliiiniptpr projactllas, 40000 i Inch, n.nfto 7 inch aiul 6, 000 to n B and H Inch sheila, to bS in m .t.-ir- 1 to Fivnch apNflrOStlons TIwtp wih alao nn Ottpoti Inquiry for lin.oon tona of stpt! bloom. 1 Thp H-thIchpm Step COfttpan) ' rtlM'iii to plH-p a contract for tIO0 ton- of ffthrlcntsd itruotu-fsl stssl for a nrsafa atul orhep huihlltiS' at Soi.jrh Bthtehsm Thp Ms sonic Tpniplp rlPtilKnpil to bS built at Wllkpfshnrrp. I'n . will all for ahotit 400 tona of fiin- Mpii struotunU ohspss. Tlif RuSStStl (iovprnmpnt if prsparlnff to put out sddttlonsl Inqulrtss to A,msrU twn rail n.llla for ROO.000 tona sddltlonsl of hss-vy stid HkIh piion rs4Ii It la tSpSCtSd, hOWSVSr, that thp Iniiuiriw will hp put out consscutlvsly and in rpl atfvely small lou. ThS r i t Inquiry will bp about 100,000 tone Russia's 1 til put ohsSSS thus fur in Hip Lfftltsd BtatSS hava bppp sbOUt 4on,Miiii emu. a Antimony ia active- and hlpber. with liS ri) Mtls-a In thp last few days itt 30ij rentu in bond for PscSntbar-JsiaUOfy Rblpntsntl from the Far BsSl The duty ts la ppr cent . which mould make the prlro, duty paid. 10. OR PSntO a pound. spot antimony ww hsld yeatsrdsyst OftM cpnta. Mont of the nalcn ate r ported to have been made for SSpOtl T" Russia Only Chlnsss snd atspsnsss msts! ia now availablr In this country, the supply of the Bnirllsh Htid French brand hot tig exhausted. Seypral months ago hiiIph werp made at ITH to 2H cents for ex port. B"ne of the aetlers were short of the market, and were ObllfSd to rover yeaterrtay at a OhSfp SdVSMIOS, OnS ahlp carrying antimony will nail for HusHia Novembpr 10. THE SUGAR MARKET. Hnw Iierllnea Meflneil Mm it 1 Futurea tt'tlve. Tm raw mirar market wp earner yeiterlar. th MOt iiric. tiet-hruni Mi of a rent to 2 oatttl "U'y pant A IOCS refiner bouffhl iboul K.flji iitT hi 'hie prlss. fetid febqiii Sft.OCn httiTr. were t Man Dili of town in trtTettB on thf ome ternii Th1 reftneil Munar mirUet vfel ftfa-ly. with nil interr-MM (tUOtlllff grHimlated Itlffen at t :' cenlri ThTf WSS a B0VS1SDl fn wlthOTfewsl Thf Miiitir fill lirsi nutrket at t hi 'off.e Rgehtni'0 a iStlva. with prlcfn titty P'isi.r Total etalefi were f...7 tnnn rncen ran i Huh LS -"Inn prev fu fKt mr clone X 17 S 1ft s 1: ? ii 3 17 am 11 si! :t'i .S 8vj s i J t 'M : KT ? 9 : M m i s tn) I ni 3 4 . . 8 (V. 8 Obi s. 8 3 12 8 14 in Mil 8 19 .. IU 1.1 Octoher Novftnher Dfceniber . . .fa-riinry . Fehr-iary. . MsroS April May . Jti've July Autmtt . Replfinber.. THE SUN, WEDNESDAY, OCTOBER 27, 1915. 00SSIP OF WALL STREET. Steel Kirnlnss. The trndlns element nfter the close of the market professed to he arcally disappointed by the Hteel figures bp- ' cause they did not reach the extravagant ' estimates circulated by themeelveJ In the enthusiasm that accompanied the recent rise of fttel front around In. This is, of course, aceordins to prece dent and entirely as It should be. The trading element Is out of stocks. If not actually short of them, because In cases of a plain objective of this kind It la the custom of the Iradlna element to anticipate the arrival of the aood news by changing Its market position. What 1 ever the news had been, speculators of the opportunist sort would naturally have turned to the short side rrf the market on the theory that the chances favprSd something nf a setback, how ever brief It was reported that sales Of Steel occurred on the S'reet as low) i ns IIS. but these COUM not be con-! nrniett. In regard lo the immediate future of the market for the stock It ' Is worth while Dtrlntlnf out that there has been very heavy trading "f Ileal for several days within a narrow ratine This reflects a bis . liai se of ownership. 1 a fact which mny have a benrlna on I the future course of the stOCa Hut It must nlso be borne In mind that technical conditions In a bin public market are relatively Unimportant. H Is the pub lic's attitude toward the report that Is the really Important thins Some persons believe that the results of the Steel meeting plus the news thai Mer rnany Is willing to accept peace on her own terms will have an unfavorable effect upon public sentiment t Mhers believe that the public will see In the steel figures iioihins but a i remand OUI and progressive improvement In earn ings anil will disregard everything else. 4'entpal l.rnther The Central Leather Fspofl wnsewry thlng lhat WSS expect, d of It. The re sults of the Septt mber tiu.iMt1- in par tl'iil.i were extp-melv IntSfSStlltg, sug gest in l aa they did. that thp rorn pany wa earning at the rat. of some thing more than lo per cant for the year The rtftctlon In the ato'-k to ..4, after a high of , could hard1- i ottrtbtttsd to Mdlssppointrnnr over the results A rtae like thnt in rnfral LSAtl er rilwa nmcunt of weak h;ip beep. xome th attracts a eertnln buying. Therr may uaht ,ilvi of dtvldsnd acting at tlvs time, althoiigh tha WSS not acheilt.kM Last yar the compsn) dec!arrd a dividend ,1usi In time for Christ mss, which wai a vsry prstty move after all. t nllertor. An aCtlVS trader usual s' heme for pre h:i dSVlSSd ati un- asrvtns profits made In the 'war bftdSS." Kvery ttnie he -'she in a t rpnt p'flt he go and buvs ten hEfOl of vnm- good dt ldnd pteferre! sto.'k and has It transferred to hla owji name He hna been doing this f.-r v-eral montha and hSS already co lerte1 a wtde varbty of prefer r ed stficlta The onl v obst .tele -in t he wa y of an Indefinite ronttmtance of thts poliry Is the ltS4lhoOd OT tha supplv of tref(rr-d sto-ks of this ttSSClitltlon giving out The trader h ia air-ndy 211 I apa rate and dlStltlOt v 1 r 1 " t ea . Beet s na e. Amerl'-an Reet Sua-nr haa bren acting rsther iwrly 'n the market of late, i That ta to nay it haa be-n hanging hack WhtlS the mam trnd of the mtrket 1 as been Upward. Apparently Mock haa j be-n for sale oont I nuou !. Friends of I the sttH'k ara not d:aturhei by thia , S'l-kwardtieaa They know that the COmpSny Is in a t remendously atrong position flnancialh and tha eventually ti will be trsnslstfd Into the prlcrt of the ato.-k. pVcti if for the present It ia out for faVOr With t he genera '. run of ' specula'ors Esrty In the summer Ctir rent a-aaeta of the oompanv ran farj ahead of ItablPtlea cording to a vei v 1 recent statement, circulated prtVStSlM the oomp.irlst-n in this rspee m ikes the J bsst showmg ever known In the ifm piinya hlsto-v In addition the Mtnpsny haa a large atok "f sug-.i on hand! whlrh Will eventu .Uy be sold at very 1 profit abb p-fcea Prrssms who know of theae thine ate raiting sttsntton to t?ie vpry ssnSfttlotUtl advances In the' paat day or s' wnd are SOIpHsSlSlllg I the fact that the market for a stek Is not alWSyi tllS best guide to the corn- p in s flnan ia) tntslt'on M .-t rn 1 I nic II, lrp,. Flsfo-r. ths nprnlna r- tha apeetatlat i i Maswi ronn antio'inrs.l thai ha aeoapl stop loei ctritafi -1 1 v ntomini 11 Motors mm. sroitld rr.. longer Tin- StOrtl nr.. If n ni.g hrirh m.uK .( 12 In Inr- ..arli trnn- Ini sri'i ih.n turned weak in th nftfr- poon whsn ihs Rppsral list tnrro l srak ' "atoaea" eonttnon hn.i .1 bad smash to is i The iloss was 3 noinls al.p ths lost j Ths aacond and first preferred alao ma. is I naat hiah prlcee, hut faiu.-i t.. hold the I ehtira eriin Th daetfna in tha eonttnon ' was helped by a general Jadtlna up of tnaratn requlrentents hy thf commission ! houses. There is a tendaney 10 dtaeiint, j iriiii.. rmner enariuy Dei ween tn. rom 1 1 nton an. 1 preferred shares lo th's rasnect 1 11 laslnni. r IVork. atranaar with appearance aralked rommlsalofi house atirl look up a pla' i dlatlnctly 'i 1 utonla Into a Vall Itreet yeatarday aftarnoottl a w ith li ilf a doaeti fii-totiicrs nf the Ann raOUftd ths ticker i por while hs wstchsd quotsttoiii ?otnl Inn c.ijt wlthfiitt any mors ronimsnl than 1 1 srnint when torn- an-ciitl movsmsttt III ;t -tti;k WSfe fe)rSStSd. Then he ttirtieil to the otllcs ntanager nn l Inquired in lniii v-tjee the current QUOtStlnn on the nir!i French han. "I tehn t IfNltt v.r i .. i.nea It "" f he remarked when the Infortnsttotl WSI fetippltsd i imp r two rtistomsrs iletntirred a1 little tn thta, Shtrh SVldentty (rave the atrsnffer the npnnrtuntty he wan looking j for "Now, 'hnt la the t j - -if our foollnv oursslvss any lon( r"" h fefeld "Wc ' ail knots that rtermsny hss won thia j war slrsstty snd thai it f- only i rtusR I Uon of tune before the Kngl ah will jrive up I am at, Annrirtn myself, hut ij have relatives and hlny frit ndli Hffltttng with the Frsnrh a rm snd li vui(t in France, The tell nn thai rondttlons in i he republic srs dreadful. f...i itrii'cs hsve K'tftf t'i prohibitive figure I and the ct.untry la bankrupt. Mure- j iver. Ihe Kretp-h are hSAftll ck nf the ' w.ir. They aee thltins tleaily tn.w and they hate the KUffltsh because they rsttllts that the Bnvltsh hsve left them In the lurch You Wall Rtrssl fellows had bsttsr bsII your "war brides' bsfors the Qsrmsn Kmperor ends the war" Afler the stranirer had left nnme nrr present rccoileetsd hsvtni sssn nn Indlvldunl very hKe him nlfhtl) preach I nf the Rnppe, nf kultur t strset sudlsnoeti uptown CONSOLIDATED EXCHANGE. tilisni'r In li 11 1 1 ran il Mii.ro, Kn- llii ii, RnttM SlarUet. Mani of ihf railroad Issues ntoeed i ds ridsdly in 1 1.- esrly irsilmg on tin- Consoll nir.l ilnoh KsrhanfB reerdas Tiirir hi! van.-f lis'i sn sncpuraalni Intliteaos ntmn Iradlnt sssirtasnl in reaard 10 ins arhols marHH Ths oanper shurs ni sirs net he tied il'.oulr'.lly fnrly Thf latf afternoon ions however wss resetionsry all Inrouth Hi. Htl mill llilr- mart.. Irnling QBlnlOtl ai Hit' eloSS rnlhor "ntlKSd" as to Ills llUBtSdlStS fUlUrs Amosi Hi'1 rsllrosd slneas Kin. ;u ihf grrsl fsalurf rarly SSlsbllshlns a flse lugti pnrf oi i"'. afiT hsvlni nil' ned at nj, snd rariy gold at v.' it . iio-i-ii. bowsvsr, H1 Nj KfS'iing slllna si dtvldsnd. ai ans llms mors ihsn rseoverad Ihs dividend by lauehlna I mi. 11 rios.-ii. however si rsH High priesa lor sonif OI nil oin.T raiir'iaa kiochs WSrel I'nlos Pedfli' IMHj Shut hern Pmelfir MUjj Ilea llai'4'n. Hie. and UehlStl Valley. IMS, Aliseonds I nu he. I a Ingn ol ami in si'lraliint I'oi.p.'r tf-T while Miami C 00 per eold si gata ami Utah Copper t "t's Ainong thf "war stoaaa" Wssiingiioiiss (Itotrlo wss mnl SfltlVS II solil ss high a, Ttiti hut clessd ai Salfs lniall. il 11,111 . haree Johnston, MEMBERS Announce the Opening of their new customers' quarters and Invite Inspection 27 William Street. i ENDS BETHLEHEM NEW STOCK' to Pat Stop to TradtiiB. The New York Stock Exchange au thorttlp. In conjunction with the Purh Association, have put an end to th at tempt that have been made by certain Individuals to o-atfthliah a markH on the Aj.rh tn "MethtehPin Steel new stock " Trade were made on Monday "when, if Slid h isauM" at $6 to 75, thecxe heina on the poaaiblllty of the Bethle hem BtOSl ntarweemetrt reduclnw the par value from $10a to $10 Itscsntly ;t petition to this rnTtMM waa addresed to rh.Ttiea M Schwab. Mr Schwab haa announced lilmsolf as not In f.ivor of any rhan- It la underatcHwl that members of the exchange who were ionnpctpd with the t ration In the "nw atock" wptp callpl to aCOOttllt by the authorities. At the rSqusSt of the exchange uthorltt'a. the t'urb AsOOCtStkm haa iaaued a warning to lta own members ngalnat making au-h irndes. Vticp that such an act will be 00MMrSd d'trlmpntal to the welfure of I th- r.voeiatlon will appear on the curb bUltStln board this morning. ORDNANCE STOCKS. -roalll UMl In Srllvlla 4 H- vsnrri Frnm tun tn S.in. Sr.ivrll Msnurvturii.g I'ompsny shnws 1 ti imttisl strrngih in ihs msrUrt for oril Bancs stocks yslrr-lay iM-lling from 4 up 1ft IS'. s n.'W talk h rSSard rsrbon Sirs wsg ftrm fiihsrsis ih msrkM wss nnfl and nsrros Ysslntj;. Monrtts. BM Askwl Hid Aaks.1. IrMI IBS IBS IB 54 S7 S4 if i .18 43 if 42 I S.1 10.1 111 1113 5ns kfl JHI4 iBS 55 DO S.I VS 410 430 43.1 4.V. 73 SO 73 NO : 411 3S(I 4I.1 ion no ion 110 ("SI S70 SBU 44.1 4SO 44.1 4.10 100 102 1 On irj 434 440 434 440 114 lis 114 Its. si no as no 3.10 4.10 400 47.1 103 200 193 200 r iui ios mi ii..- 3S.1 400 .ion 406 40O 420 375 3IS1 :aoo 3000 ?,io noon Asms Kpi s.-r ns r t pi pr i Amirlrsn a 14 MQa m.-rlrsn a B M I'pM sin, . owrjFr. .... Alts. I'tmdsr pr Bits- i IE W ) ..... i Iflss E vv .i nr. . i. laaaataa Kpl C snarllkii Eiul pf , 'oils Anns pa font Tow nsw l)i: Port Pow pf . II. r. I. s Pu, Biviuss Pots pf . . . Hi.t.kiiis-AII,.n nf Mlilvsls StTCH ts .1. ( .. ti , rr-. i'on.i N lis, gtaass trtPsai ksvsfr Srnis Srovili Nut Co. . . IS loch Kp Arm, THE PHILADELPHIA MARKET. I'Hll.ABEI.PIIIA. 0r kr iirrs was IrTsfwas ehansss smsll a- s rule C smarts Ctau gsinni s fsp"rally sliflnly hlhsr M Ths stork mar n tone, with BTtOS Brill was ofl 1"4 snrl Irsrlion, wpr Thf surrunsry : Open- High La. Oaa Salfs ing est est ing s.l Atrifr Ire . . 25lHj ?.M, !f,ii a,u R Amrr Rys . tn . .to IN Amrr Car a Prtv sg M tt tt Wl Arnrr Iioo .. T?t, yt :iu Tiu ii itr a sits pf is Mtt ms ms J il Urill 441, i, 44 hi Cambrta stffi s.s sis h es tif Ptor Pal ns '-' Tl ti HSS Kr.f v.i, ls .IS - 'i. irnl sphalt S4s 34S MJ MSJ i4 tien Aspliali pt f; fj fa I Ins Co ol N A .'.IS -'S '-S " Lake s.jpsr t'orp s as ?S ''S r Lehlth Nuns " : r XS LrhlSh Vallsy . .T4 TS TTS TT', lot ly h si Trans r W I S .4S I Nonheril Central 44 j m i lit Prnn R R r. II , ". penn BsII NfrCnieMj in', S4 ISIS N iv nn Stfel t sn ! IVnn Meat pf w w ss s l" I'lula Company IT 4T 4S 4S lis Pa ia BIm kh :ts r :'T :h Phils K T t ir. is v l"li:!a Tra.linn TS T T Tl Us) Rav Cons x m St :. Readloa S w' tss T-, Southern Parlte s '. Wi 10 Sonihern RulwgT BU rils 1944 : , rrSS Tor. .pah Belntonl ?S S a I li ISI Tnnopah Mining Its f sis Its s s h Utah 4-opsr TS IDS. Tilt, T0S M l'tlion Trailon I'S 4tS 4.' SIS tut f'nll 'ias Improv M KSS ipoo r s ntfii Htl 4; tut Sj r Rubber r- MJ IM Wsrwlfli I A I 11s iaa i"S ISSJ I West Jen I I t'S I4H 4s 4s 111 York Railways 'S " I . Welsbai h 4'. a. 45 tt BOMM Miss Am oat a la., aj k. t t i.sn.i Hii.i Ui. :.t :s pf, ifs '' l"'. r.i-i Con Tr a.- S J '! ' 1"! 1"! 1"1 PI innq r Pea Trie is Tt ti t ;i ... im h. 1- ';' '', MM r.... Keist.ui.. T isi :.s .p. mi, 'Hi, mi, Mas Lske sup me ' .' :Ti ts istift lshish Bsv .on" lie 100 tea inn t Lehigh Val fen 1- ry, MS ;. Pfiin gfn i',s Mvl '' n '..' I'hrla Co eon t, 'j '-'t ii Phils Kin ' sW 7SS fH tss Phtla wire 1S M IM l"' ... 1!...; 1. ..'I ! 'MS ''I, "'I MS nana Lnit Rv Ins is ti Ttvai ti tii. Kg .livnlrii.t THE BALTIMORE MARKET RAl.TTMOftl Ofi M leettrltrss in this hiarsfi were stfa.iv Coadsn eonttnuad Ihs aetlvs leslnre Tim summary High l.ow Clot Sale, fnt rst s,t Ing 11: rr.n. Cost N w a 1.;;. Cons Power P'S IMS l"S l"a JSJI Cosrlen W T I a-.r, Klliliorn ru. p is IS '9lt Its Pairmonl in. . 4" wi :i" IM rsirmonl lias of .is .'IS 'IS '''S Sn riral Nat Hank :4" 140 '.m rr. Tr, lloii-ton nil pi IS IS IS ,;1S i Mer A Mf.h Hank l'S sg.j ;..i, ;o, v. Ml V Col Ml'ls a to a if IT". Ml V fill Mills pi H T.J M II t SJnrthern Central Mti Ms MS MS I4K I'a Water Pow tjs ti fd ti pi bapulpa il 4 4 1 1 Union Trust T tt ST T a.. I m Id Ken Mia MU MU NU loo Warland Oil is s si it, nosns MnM Hallo Kir.' in as M II M loans 1 it v Hal is "Mi pssa MM MM S'.s giiofi t'lly H4 '.'! P I. MM i'.'.S ''"'S MM Cll H Is T.4 S1.M MH MM MM sand Cons Coal rsf '.s a .a m M I'-ki Klkhnm Fuel la M irt M aa 1...I Kan Clhg Tr MU 'isS '""S ISM KJMn Houston Oil dlV TrlS TT TrU, 77 L'"i M A Kt p jt lis ns l"l 1""S '"I . on Marvlarnl Steel :.s MM MM MSi MM soon n 11 M A Chfo '.s 4:1, itiZ 421, its shoo I'a Water Pow M MM mm MM MM r..m I'n H A Elf Is l II si 41 MM I'n R A K Ins 4s . ms MU S"s MM THE CHICAGO MARKET. lll('A(iO rw, m Tin. markrl shns.i I a atssdf Inns mill hiiHiiirsH ,. t'll ai'.'.l ISred thrniighiiut Ihs list Qtiakvr Oats I comnon mails a further saiii of i hq nt, 1 American Saipbulldlns rem men also aetsd better Chicago Pneumslic Tnni it, -wart War ear, linion Oarbiits ami fsnr-(Whin i wars uraelleslly unehanced Bond nmrkot ilull Ths sutiimary : Oivii High Salca '.'.'' Am Ihinbuild in. est Ma as gu v '.-,., IM8 4', 1114, nn aiu nt. nr. '.'in I'hli pni'll Tnnl .S41 VH4 WI, vi cnlc Ilys ssrii' : it in I mil Fall gnu ir. pears pf 1 io I iiniiinnil Mali'h .'I'I l.imlsav l.igln Mi M'liit Wfiril f . yi Peoplsa das IK, IMihlu sVrvii'S 1ST ilia it:! i ni. 119 IITI, M ii"S 111-H I in ! si nt, 1t7 1ST in ', Nil mil, 4 m liv.iH i 1 MVj n 18 Puhiir Service pf "i imalliT ill's 7"r, Mil Hli'W'arl Warnsr T.'.ia :, Sti . an Warn pf in: IM s.-ars Rosbuck ...lit IM farlfl list, u Union Carbiits ... laovj BONDS ITOMiChti' Ry lal la.,,, M'S innri rnni Edlann Is., 101W Nino Og.lsn Daa s, 94 Sftno I'liinn Kl Ry la.. M TM, in: 1T17 1 1.9 1"T I .'.ga Ili4l ir.9 H4'i 1HV4 SI 41 l"iv S4 SO Storm & Co. f N. Y. Cotton Exchange Chicago Board of Trade ft. Y. Produce Exchange New York To the Bondholders nf E. I. du Pont de Nemours Powder Company In nrcnrrliinrp with plan nnnminrtil In Intlrr in our sincklmMors dated Auaiist isih, IPlR. thf Directum nf mr Company with tha consent nf mnrn tttatl lwn-litrdn nf tho stock holders hava aold tha cntiro properties nf tho Company to E, f, rln punt do Nemonm Company, Delaware cor poration, for 1 20,000,000.00, paynHIo aa follows: 1 1 . IV 1. 1 00.00 in rash . lal.OOi.tOO.flO par trial ue in dobon inro stuck ,,f B 1 r,, j.,,,,, ,),, ff9. monrs a Company ; 1(1,164,100.00 par value In ci.mm.in einck nf k. 1. du Poni do hlemoura . 'nmpnny. Thin ts all nf tho ,, u thai mm ha issue! by B, 1 riu poni de Namoura . 1 Company at this time Tin- properties wore sold tublecl tn ihe Hep or lian nf our 4 I, -: t,rls and E, I ilu Poni I do Nomnum a Company aaautned nil nf tho llalillitie, f nr I'onipinv i - copt capital stock liability and funded 1 dabt, Thoro . bondholder their I S ' latlva nun i niiw urTerrd o our I H r k opportunity in txchanitc iri.n-is hi par for rutnti" votlna dahantiirri iitnrli nf K I. dll 1'i.nt it,. V, in. . a. Ommmmu I 1 nu 1 ni ac Namoura company at Mgr. in t t nT wortla for nvsrv 1 1. nnn i 'tl'l tlroro will be IxMIIPlI 111 I X- chance tl 000 par value 8SI otlna tlabanture m .if pfstnours 1 Mm r.itc ..f 4 tat cumula itork nf ontpany. per iiii- live non-i B. I. du Pe Iniorost at mini Irmn .limn 1st In October 26th win no paid i'ti nil bonds earhanaed; dividends nt the rnto of per antntm win accumulate on the debenture stock fmm October 26th, 1016, The bond holder, dealrtni in take adrantaaa of this offering shonM forward their ironds to ihe Bankers Truai Company, 1 Wall Street. New ,,rk City, with the nainn nnd address in Whlen th tieu debenture etnek la tr. bS lssue.1 All bonds received in exchanga liore under will be retired and cnncellod The charter of R. I. du Hon! da Ne mours dr Company carries Ihe follow init pravlatona for the protection of the debenture stockholders : Non-VOttng debenture shares shall bear cumulative dlVtdenda at Iho rate i or t I per annum. Non-VOtlng debenture shares msv I be called for payman! at 1 1 26.00 par i share No mnrtgaite or other apeolfiC lien mny be plriced upon the whole or nnv part nf the property of the com pan; I with. mt the consent ..f in amount J nf the total debenture stuck outstand ing in pi that this provision shall not apply to purchase money mortgage's , nr to the assumption of mortgagea or , liens upon property pun I' twed, nor shall it previ nl Ihe pledge for ihe pur pose of necurtna cash to i. used in the ordinary course ,.f the business of I the company of securities at any time held and owned by the company, pro vided BUCh cash run nines are secured on obligations of the com pan) With maturities not more than three Main from .late I hi reof, in caae of dissolution (whether vol untary or involuntary) debenture eharea shall have preference oyer tip. common stock op distribution nf aaaeta 'to the par amount thereof plus accu mutated dividends, Tim nop-votlng debenture stock shall hnv no voting privileges except ,111 in the event the company thai! I fail to pay any dividend thereon and such default shall continue for a period of six months, m which event .the voting and non-voting debenture Stockholders shall have the solo riuht of voting to the exclusion of the iom- moii stockholders for the ensuing year ! ami for each yenr I hereof ter until the company shall pay all accrued divl- j I di lute mi said debenture st..,.; and thi in the avenl "f Ihe net earnings! I nf the company in any calendar year amounting In leaa than : on the amouhl "f debenture stock issue. i ami outstanding .tunrii: such calendar year then the non-voting debenture si ick holdera shall have equal voting rights with the common stockholders which vntint riuhis shall continue until s I , -net earnings of the company fui acme future calendar year ahall equal ,on the nmoimi of debenture stuck is sued and outstanding in such future ear. THE COMPANY llESEItVIOH Tilt: MCIHT Tn VVITHDH W . THK ABOVE OFEBB I'd KXl'HANOE .44'. OEBENTI RE BOND8 OK Ol'H COMPANY BOB 61 DBBENTt'ltE BTOCK if H 1 nr 1 '1 nt ok m; . Mr Its ti COMPANY ON PECBM BBB 1st, iii :, E. I. du Pont de Nemours Powder Company .11 ill.N .1 l: ski ii. Treasurer. GEORGIA CENTRAL PROSPERS. ln of si in, linn In Net Itrpnrf nl. Ini'i.i.... I, HV AN s-All . 'la, i i.t v. Ttio nH nootn t" tin Pantntl nf iiorv1ii Rail way ncrsUiec1 $11A,94fl durlttff 1 1 1 ft seal yrnr Rrrof4lt. t" R rafioii td- ttiiy to thf I Mtnri! nt it trt'i 't urn Ii wily It. 101,006, romparftd with $1,001,041 lait yrtir opprittlnK xprT,NK WW $12,100,114, niralnsi 14,3!6,(iT6 Uuti -nr. a rraAM f $1,118,200. THE COFFEE MARKET. IrtTaaea Sflrr Knrl.. alnu T(..d.'iii'4 . Snii- TllS . nffi'S till urns 111:11 krl , l."n,l slcnrl v 1 1 laroaF, arltii pnia's i; in . polms up mi n ans irllnni nt ll.TTifl 1. .ms Tim marksl wsa 'tun ami ahowsd a Btafffflns lenikno' nuHni ilu early nailing Init jusi lirfiirr the i-lnsi. prira-s innada mi Ihe r 1 offers III i'i w .'in up ansrpiy neversi isrse sale, were nil an. i' Iftrrs 111 i-'ifl ami trsmllls :il llrail mar unimstiaad lb tbe ineal i"'i marksi prns1, arsrs rape aged ai tn inls Inr Rm Ts ,111,1 1 10 m, cents fur SSntos ia Rrsstlian marketa were irregular mi Mnn day Kin Ts riseilned Ta rela in '.pv. , while Sanma ts wsrc unctisnsed at ifnaa itm an,i : Siinlns r-r...lpts tntallial ... 10 I'auln 1 had 11,000 ami .lumliahy II,! I High I'n I ,nw es w nre : Ploi Pray cai eel ing , inae O, loiter 1; lit i. ,19 Movembar p t ti pecsmnsr a is an ,. -.n Jsnuarr a wi m F'liruary .a a'if Man h S ST a It 1. c r." April a u M ay ,70 s M a an i iio J 11 ne ij T ;, July sin sm s:s a Tn Augual a itf, i;i September SSI , SO ,91 iff Executor Chartered 182J? The Farmers' loan and Trust Company Nos. 16, 18, 20 & 22 William Street Branch Office, 475 Fifth Avenue New York. L0ND0H, 15 (Jockiptir St., 8. W. 26 Old Broad Strost, tt PAfilS, 41 Boalegard Hatusmano BERLIN, 56 Unter den Linden, N. W. 7 Trarelere' Letters of Credit. Foreign Exchange, Administrator Guardiai Impersonal A Treat Ctwnpany ia impersonal. When acting as Executor, it ia not swayed by sentiment. It carries out the proviaions of your Will impartially and competently. It haa financial and legal responsi bility. The Metropolitan Trust Company has made a bum new of executorships and other trusts for 34 years. Btkl "! Sgrstfrg tn You" en raj( W for ft Metropolitan Trust Company of the City of New York George C. Van Tuyl Jr.. President 49 Wall International Steam Pump Company Reorganization Notice of Date for Payment of Assessment on Assenting Preferred Stork. Tn Holder, nf t'erliaratr, of Depotlt of t'oliiiiitita Trust ( omiiany Rrprr srntlna Freferred Mors: of tbe ab4e Company: Botlee ts hereby pivrn thai thi. peynenl reoulred under the llan ami Kr.a mrnt nf KiorsHniraiinn "f ii' aisur OoniDan) dated tuRtisl " I0IS tr. he made b the 1 1. .1 1 .-t nf lYr-fi rnai Mm k will in' I i.t 43 per sharr tin amount hrtni 1 1 . sum nf tin- Daed iiayinriit uf si jmi per share ami nf tin- pro port innate amount nf tin- iaiini'iii iinl inadi' 1i IuiI'Iits nf I'miiiiiiiii .stis-k Tins payment must In. mad., nn nr hefbre WKDIRlSDAV. NOVKMRKa II. ISIS. .m. I ma) thin ! ntade in full, or, at thi option .if the lini.i r nf ihr oertitirate id dencMdt, m prr rrni tlirnaif tnay In' imid nn nr ln-furf said .tar and ill. r. iii.afniiiK "Hi r cent in thrae Inataltnents uf 80 pit rrnt tsgrB nn or beftire tin- respective dates nl January it. 1018, Marrii it. Ifllo, ini May 17. Ivlfl with the prlvflette of paying .ill unpaid Instalment, at any tlnii'i. Paymrnt must h. inadr In New Ynrk fundi at the olllee "f Oasraatl Trust Company of Sr York, o. lie Broadway. Ni'w York i It), and mus! he ST rnmpanlial by thr rvnlflrafe, nf depnsit repfesentuta the ito U in reaped m ahlrh tlir paymrnt Is mail.' In order that psestpt nf llir pay in. nt Dial Is endorsed I hereon. Dated. New York. Ortotur W. I15. CBABLga H. BAJIIIf. Chairman. LEWIS L. II (Rkl. THOM AS tl. , I V M IT, I.. T. H.ifiC.IV t.lllKl.t O. HIVRI, PKRt 1 JACKSON, a inm int.it. H. J. de I (Mil Mtl.ltR. Al l. IN T. T. Joint I'orKanlriitlon I nitunlttrr, ARTHI R B HATCHEK. Sw-ri'lsry, Itn Itmadwsy. Nrw York Ol'ARANTY TR1ST COMPANY OF NEW YORK, Dei lary Billions nf Hnllftr". n( govf rnrnfnt lnan. r.r.rinR niRh ratrs of intnr!. rr bi'inn thrnwn on the market. Wkti uill ff the imcitabb ?f fed nn the price oj long term bond) Safeguard yotmrH bv inveMing 1 in bomis vhn.h, because thf y htVC 1 only a nhnrt time tn run. CftMOt decline in price . Write Uf for informatum annul 1 it bond we re offering, winch . come due in I. 2 and $ year, which i o well secured that it i ( held everywhere for investment by the banks and which pays full : 6 Interest Mrntinn circular--S-27. COMMERCIAL SECURITY COMPANY Fat. 1938 Resources $7,000,000 Kn.hr Building 5th Avrnur II 39th Street A Wise Investment hci iiii' Il MAM hat k I on In piiprjv ilrllrrp,l - Van Zile Air Deflectors k, rn rnur older r. ,i ii ii pure fresh air - allir fr.im B In ar Inn mat and n.i ipkeep nspense 4N 711 V. KN'TII, 4TINI ..i i Sirtiandi at Pnnnr n:isr imp , 'nrtlandi lrt lllt.Nllo A Nil INTEKF.S1. THK AMBMI AN OAI 1'4M-ANV. Waal Waahlngi.in Hquarr, Hhlla.lrlplila, Pa., Oct . t a i a. a Quarterly dlvldaad nf 4j mr 3 no p,r sharst ha. hsrn rjaelarad nn rh, capital atock nf thia romiiany, payahls Dee. tat. i : i . i,. ihi ai ickholdars nf rsoord at ihrsa ..,',.,-k I' M. Nos, 17th, ISIS Chcrka alll '..s mailed. .1 it TOWNSBND, M, Treasursr, 114 1 II t. Ill' lilt. I (IN(II.I1ATI(1N ( OAI. t'OMPANV, Balttmorv, Mil. October il. till, Th.. Ii. .ani ..f Directors has declared ihs raaulsr aasrterls dlvldaad "f nn- ami ons half per eenl I '". i "n It, t'dpit,; sun k, payable Octobei IS15, to the Wocltholdar, ,.f rarord the clone nf bualnaao October Is, lata The tranafar hnnks win remain oner Dividend cheelia win nr maiis.i. T K ST1 ART, AssNiant Trraaurrr. Tin- Atiirrlii.il KsekaHIS Nallo.ml Hank Msw Vork, October ISj IslF A r a msellna " ths Roaeil Dlrecinea nf Ihls Hank, hslil in-ilai. a ssml annual dliddrnd FIVB PBR CHNT. (aSd) on ths csplisl ntoca as declared, aayabls No vemlier i. proslmo, in at"- altalaera nf record at ins etnas ol btislaeas October miii. MiTiirit p i.vr. raahtar THE STEEL MARKET. 1 . 1. oFnaaattaa'a tiliaari' nf It port Trade. Mi,, 11 a nf laa The quarterly raporl nf aarnlna. I'lilieit aisle. Steal '"nrpnrailnn fnr the ilir.e monlna andso Bapiambar an glws an ev.l'ii' ptrlur'- of the atrSdV imprnvemeni m i te n 'ne Heel Ira.le .Inr Ing 'hat perl. ..I Tntal net i irnlngs w. re Ill.Tta.SII, a ualn of 1 1 l.niiii.oiin m.r Hie quarter snded Jupa IS. Th" repnri nf ratlings ns raagllia i"i 'lie lliai',r r,'- if lis a Bleed! upward tr, n I ol huSlnSNt lii duly unt esmlngi stare lit, 0,1, ill, in Aiigu-i hi v Increaaed t" Mt'SSS.SIS. an,i In rs. pl. ' list) I" 111, T, 1.(27, rn intlnuad heavy drmsnd fni all I'lass.s, hut annie menu rhat owina tn their over i In v ha 1 l en forrsd r , .teei of ssarly fseturers say a, iii eondltioa 'II II uu large amount r,f I'usiner,- The .linn ha en Ineresssd by nm rsvlvsl ih" demand fnr rHilr.-aU rqulp. nine quartan 'in' have 1.. -en p i. ad msnt nrilera Is said In i 20.11110 vara luring past The prsassd a j a itinanv. Which has lust t nmnu i' d n order nf ..',00 par. fnr Ihe Hiigalan llOV 13 Trustee Street MEXICAN i'i I Km I I il COMPANY I nn ri ii. in nr i . itt Slrsl I .ii n ami li. t i.tt.lUiw II . -unkiriv pnnd timd BnndM, ierlea iiiar.niv Trii..- . ' . i r, i ,.' i w Vo-R. ae Rucceaaor TruatM .-it" tiis yasd of Trual . 1'ina ihi i md dat4 Octobar l. Islt, hrh lr.vit.ai prnp.sala fur ihs sgi, ..f aa rmn- .t "i. .,t,.. . bonds h. . an bo purrhaasd ilnrludlna art-rued n tsrr.ti. f..r iIih autn u 'In hundred ind platr-sls Ihouaam! i.na hundred and nirsr . -six liiiliars ai rlghl renta il2tS.ISS.SII Bealed propoaula el rarslvi I ar ihs uuaranti Trust I'umpan) of Nsw Vnik, 1 4 -a Broadway, Ssa ..-ii i '. antll is o . i. ic .4 m . v ii.. November I lata. B ui. is .f,, i ,r ... . p.c-,. aa csedlnf i".'. . r- i acrrui i Interest), will be accepted prop mat, i and pala f"r on Monday. Novum her .-. ins, upon dsllvsrir. i Reiner nrlih . rrusil tn-nsi .,, thai date enhr. Thf I'uiir u reaerved to rsin. r aaf and gl en - Ot'ARANTY TRU8T fOMPAMT . IF N raw 1 1 ii!K PHARLEj ii SA8IN, Prsaldsat Ml Ml AN II I Kin MM Illlll'tNY I. IMI I t l. Ill HI I litis, i irai i Ian iinii Uefnndlna II - inking I iitiil (.,.1,1 It i.. Hrrlra " liter NN i cci saoi T' I 1 ru.r ss. urlna t (i. n.h.r i ISI ' for th laic nf a. I ar ran bs purchs undg i ba I ifs i .if li.-v. laaua an.1 .l.aijt hereby Invttsa pr-ip n'. man) r.r th. ahovs nonda d Unolu Una accrui I li or ina im r? T4vo hundrsd ml BdVan li in it . .1 n I tie tin. Isaii-I, Hi:: 1 1.:. ' I'lurara aim rn . ... .. r,nia I. . 8 1 1 1 . Seal! 1 bron n alll ba ra- lvi ... !" "' nroaawa . N v.uk i tv, until i ... ,k a St.. Monday, Novrmbsr IM B offsri i , ihi Iowa i , rl a i..lu, in , aii, .,. . ins I i,., r ,. mill fur n dsllvi arreprea ir,.rts.nats:y ai 1 paid i pen -ai. in. lav. xovnmber '.'-. rn . toaeihar with . . r ..... i . . t hat rtHtr ohly Ths right I, i.siv,. I eejaei m i all .ni.. Ai: ivr TRUST rOMP tKI nl' NBW 1 'UK. HARLRa II S a BIM, Pi ildanl Ri MFMi N I'I 1 1Kil.i I i rOMPANT ., .UMIl i i. in nt i wi i, i rust Idea and Refundlna I iiikhur tuiiil i.ni.i Bonrlk. itertra i Quaranty Tm.r Pomnanv n. vari Ti Tru.i Octobs Inr rh,. : i ".'f .""' abovi Isaui .mi ,, i, l a 1 1 . nereb Invllea proposals sals ot as man) of tha ibave bonds ll pur. h is. 1 Innludlna : ' I 1" tsrssi i inr rno gum ..f .. h ,1 i i lerty-two Ihnitaand an t ihlrii I m l , ,: , ' "I'" .I'll., i I ' 1 :' 1,4. a ' . u.ui. Hn,1 BroMaala :.i be m.imi i augrantr Trust Company or Mew Vork, ltd Broad way, New fork Pity, until is n k . ai. aaonnai ,iu.'ii,r. . i .. afferi i ths Inweal arlca mo( . linn I 0 . 1 nil rus. , - nrp.i , itl'l 1,, pro port 1 o no 1 s j .,. i t, ,t i ... , . Novsmber ,u, upon di ivi with rriisl internal in thai . 1h" rlgiu K r i i . i i , ,. . affsrs flt'ARANTV TRI IT Ci i i if N T1 TURK Ri PRARI.F.H M s A 11 1 N r ' I''" i AN V THK DAYTON I Mi i n iiiinu ioi. I w Ctncdnnail, -1 . i .. -it i o H"ii I'Hui'i ia vi. I Proposals ii be rmoii .1 until Novem her is, im r..r ih. i"ii. has.. ,,r ,,nus AS par valiio of i. ... . ot The Itavlon Union I Hallway i' pant f,.r l he atnklni f i t n aeoneaanci with Ihe term, nt iim r" .'.us I aatea July l isss in dp ihcaa bonds to oaase i isi vrn ber I, I at s n N II II I! V. Trr,.rr -i KI.Kt I IONS Mi II I.I I I M , Till. Itllookl N I Mi in I.AM I iiill'Wi, nil K, ni, ii Ktrei'l, llrookl.in, . II Kit Kill UIVKN rh.' iha Annua; M ,'!" k ,,r 1 lllli luKI.VN I'NION 1" hWd al Ih" .'IIP " Kii Renisen P TPRnDAVi Kovembf e'eloi k I' M tor ih an 1 the imnasi Hon kh HAS 1 'il.M I 1 1 pi tlir I'ninti Brnokli n, n r Jill, 1:11 an elecll -n nl llliet'inr, ' sip h pi hi r hn -ire,, before ihs rueetiiia, .if Ihe I'.'inp.inv -a 111 i irtohi r :ird, ISIS, i nn w, inaad . No in o'cloi k A, M U'l.'li IN Sat ral are. is may m' Proliant Slni k r.lliaf..r I k- hr elosad "ii aatur 1 1 I at Noon, ni l raopam , vember intii. irll . ar 1 Kit 1 N l I ! err rnei I baa addlllnnal k,. road, in i I fnr an i , i me aoures, i reaslni ihelr pur n t ra un i, rstood i,t'd gome 9. una '. i ii Maryl md haa hava rdera Th. N.rf.tlk Il I Mi w in hay t fi. Ighi lUlr ar- 1" I bougnt z, . I pla, ed falt'i sn ! Hinl weali r. h . nl ites and sh p. -i i'llll'llng rsrii a i) t-i .1 li.nos lap, .if I all l.e aged fnr npsn) ina ii .hnp, arsi ' ir iiumhsaca s i in put. i,,,, H tn I tills It iii ind fnr barb.., I Il : In addition i" ir-- i Kiiasla Ii 1 1 Increased I ih's i -iiitirr i l.i I'll h 11 :r, , i"ii pr are unsb Veri Isi 111 en i'i- heavlli nveraold n furnish nesrbl ! Ih -r prainiuma ' i, i ,, , i a ii I lag pai 1 1 1 1 wharS thai CSn " " 'IP sll.liiiiettt OM I ! 1 i ' ! s M I if, I v