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THE SUN, TUESDAY, OCTOBER 7, 1919. 15 !Fd ATT DHATI RUT TG STARTS SECURITIES COMPANY. COM OPTIONS ARE American Kxobaniro Xnttaaul NEARLY FINISHED Tho Itanlc American Forma Jfeir Exchange Corporation. National STEADY TO CLOSE BROWN BROTHERS & CO. \ SELECT A GROWING BANK Hank Is tho latest Institution of Its kind to enter the financing Held on a broad ZsUblKhed ISIS scalo through the formation of a secur- ities Philadelphia, NEW YORK Boston Cnmmins Jlcnsuro Froliably Securities company. Corporation Tho American has been Exchange incor- porated Argentine Shipments, Realiz- ing ORGANIZED in 1859 this Bank has enjoyed a steady growth until Tjfill Bo Imported \Within in Delaware with 210,000,000 and Weak Cash Situa- tion the position of being the largest National Bank Two Weeks. authorized nro capitalisation. Lewis I. Clarke, Tho president, incor- porators Cause Firmness. in Brooklyn or on Long Island, with resources of over 520,000.000 and Walter H. Bennett and Theodore 11. Banks, of tho Amer- ican !! COMMITTEE NOT AGREED The Exchange now company National Is the Bank. fifth strictly OATS MARKET SELLS OFF Travelers Letters of Credit securities corporation to bo organized ! JJnderstood Only Qno Member by all a of Now which York have bank. been The operating other four, for Provisions Also Decline Under Issued against cash or deposit of securi- ties NASSAU NATIONAL BANK considerable time, aro the National City Docs Not Favor Anti- - Company, the Chase Securities Corpora- tion, Jnfluenco of Grain and or under responsible guarantee. the Liberty Securities Corporation ' OF BROOKLYN Striko Provision. ana tno First Securities, Corporation. Hog Selling. . II Special Dttpate to Tirs Sow. Washington, Oct. 6. The railroad ' bill, on which the Senate Interstate Conv I'merce Commlttea has been working; for evcral months, probably trill be reported I to the next ten days or two week's. The !! committee, according to Chairman Cum- mins (Iowa), is not yet by any means agreed on all matters, but It Is fast ap- - aproaohlnir a meeting of minds. i With, It Is believed, the exception of only one member, tho committee Is (greed that the anti-strik- e provision In effect anil substance shall remain In the J measure. There will be no modific- ations of Its effectiveness and efficiency, J bo far as giving jurisdiction to the Qov- - ernment to settle disputes between the J companies and the men Is concerned. Strikes will be forbidden on the theory Jthat the Justleo sought through tho etrike will be exchanged for the justice 'that will bo obtained through the Gov- - ernment. As to the assurance of earnings on capital the committee's attitude Is that 'In any rate district the rates are to be t adjusted to produce a net operating ln-- t come for all the railroads in the district equal to 6 Mi Per cent, of the value of the s property used in the publlo service. One road may earn tnoro, another less than Ithat percentage, but It \will represent the aggregate and average for all. A maxi mum will be axed at probably 6 per rent, with a provision that a road earn- ing more than that amount shall retain - a fourth of the excess of 6 per cent The original plan of a bonus to .labor nractlcally has been eliminated, because employees themselves did not want It rand the committee was conv!ncehat ;they had good, reasons for not desiring It. After giving to tho company earning tit a fourth of the excess of 6 per cent. that It has earned, the rest will be Tho company earning such ex- - ceas Is required to establish a company t contingent fund, to be accumulated till M6 amounts to \4 per cent, of the value of \the property, as a safeguard against the requirements of lean years. The re-- ', malnder of the excess shall be put Into a general ' contingent fund, deposited ' with the Government and administered by It and to accumulate till It reaches 5500,000,000. It will be used to lift the general level of earnings of tho \weak S roads, to lend to them In cose of need 1 and generally to Increase the efficiency' of the transportation system. Concerning distributing surplus ex-- ', ceedlng C per cent, there has been a Lug constitutional controversy among S the authorities. Judge Lovett, Judge A, V. Thorn, CharlC3 E. Hughes and a long J list of others are sure It Is unconstitu- - tlonaL Ellhu Root and several other lawyers agree that It Is sound. The substantial basis of the plan, con-- S solldatlon. stands Arm. The committee Is committed to It and convinced that J It is necessary, to a settlement of the present transportation problem. J Members of the committee declare that the Senate will pass the measure In J three-week- from Its' Introduction, whlch does not mean that Its appearance in 2 the statute books easily Is to be tore- - casted. That action of the Houso is \certain to occupy considerable time and the conference committee stage will be the moat difficult of all. That the legislation will be passed be-- 2 fore the first of the new year Is rather too optimistic a guess even for the most 2 hopeful of its supporters, but they do j believe It will coma early In 1920. 2 VICTORY PAYMENTS TO-DA- t Instalment of SO I. O. on Sab- - scrfpllons to Notes Is Due. J The next payment of 20 per cent, on 1 account of subscriptions to Victor\ Notes 2 Is due to-d- ay and, according to an- - 1 nouncement mode yesterday by the J Federal Reserve Bank, the balance re- - m&lnlng to be paid amounts to $41,838,-- J 795. That amount, however, mayt be paid In full to-d- or tha remaining half may be paid on November- - 11, whtn the final Instalment of 20 per cent Is due. The total allotment to banks In the u Second Federal Reserve District of . notes of the Victory Liberty Loan sub-fcrlb- through the Federal Reserve Bank of New York was $1,318,041,110. Up to tho beginning of business yester- day the payments on account had amounted to 11,276,202,356, leaving a balance of only $41,838,795. If the bal- ance due 13 not paid In full to-d- no payment can be made until the date of the final Instalment, which is Novcm-- ! ber 11. The Reserve bank called attention yes-- J terday to the fact that United States Treasury certificates of indebtedness J cannot be accepted In payment of the Instalment due as all certificates 2 of indebtedness Issued In anticipation of the Victory Liberty Loan have matured J or havo been called for payment prior to their maturity. OFFER SAO PAULO BONDS. Iaatif) of fS, BOO, OOO of Dramllion City to' Do Sold by Ilankera. An issue Of 38.SOO.000 6 per cent external bonds of the municipality of Eao Paulo, Brazil, has been purchased by Imbrle & Co.. New York bankers, and will be offered soon for public Bub- - fcrlption. The proceeds of the sale will v be used In cart to refund the $5,500,000 Eao Paulo i;sue brought out by Imbrle s Co. In 1916. The 1916 Sao Paulo Issue was the . first South American municipal offering to be presented In this country. An i lsauo of $10,000,000 of City of Rio do Janeiro bonds sold by Imbrlo & Co. . loctntly was the first piece of South j Amerlran financing done In this country a.aca mo war. liu\ '\0W'D' ro 1aolod on ji 'percentage Name Mfitu.ttv. tlat. i iitiMore & Ohlo...,l19-2- 4V4 titu-ha- Northern.. .H19-2- 4VI t 'Ulan I'scinc ....191S-S- I i Unirrake & Ohio. ..1919-2- 4V IT. (.,. 1. v if, taiiM i radnc.... 191927 4',J-- 8 \ l i. 1 .N 0 5?tk\\ e !; p t A St Louis.. .19U-2- S- - 'tiinare 4 Hudson. 1923 4: ''II ItaUroad 1918.27 Illinois Central 19U-2- 4tf-- 5 ;utuw Nash... 191U-2- tl,liu Central M9-J- 2 M J'lnn I.--l5 Kanus Tas.l9i9-J- Mlwotiri Pacific 1919-J- t \gM:i Ohio 19H-- 4V4- -5 m EQUIPMENT TRUSTS. ltcSnlnff.,.19-!- l emrsi lines,, .ms-- (.;uiral 191- - JJtrfolit VeUsrn..l9H-S- t 19W-S- I Fa Oce Kreljbt. .1919-2- 1 Keallnit Co 19U-2- Air Une,..1919.2T Je;onru lt8nlnc ,...1919-2- 19H-J- I Mothern Hallway,,., 1919-2- ) Uluoa Tank 191929 BM. SIS CtO I LOO 5.80 I 4 S li Q - i ft S t v C i U 11 A X II ft II ( A r-- o a. so I It 4 h t N I (.20 6.00 S IS S.40 I t.M 6.501 .M (.70 li-- 5 8. tO .00 l.tt IM 5.61 5.30 5,5 i.n so .no 7.04 e.oo i oa a 8 25 I'A-- S 4V4 .W iSiT t.eo S S 4W S.M sit 6.75 a.oo 6 - t.X TEX. PAC. GOAL TO INCREASE STOCK Number of Shares to Bo Made 600,000 and Par Valuo Cut to $10. Announcement was made yesterday of the Intention of tha management of the Texas Pacific Coal and Oil Company to Increase the number of shares of Its stock from 60,000 to 600,000 and to re- duce the par valuo of Its shares from J100 to 110 each. A special meeting of tho stockholders-ha- s been called for No- vember II In the company's principal ofllco In Thurber, Tex, to voto on the rati- fication of the plan. With the acceptance of the plan by tho stockholders the company yrlll Issue ten now shares of $10 par value In ex- change for every share of $100 par value now held by Us stockholders. The pur- pose of the change, as stated In the notice sent to the stockholders, Is to stabilize the price of the stock, which has reached such a high point that the smallest trade of It Is apt to affect it aB much as fifty points or more. With the shares now selling around $1,676 each. It ,1s pointed out by an offi- cial of the company, an effort'to buy tha stock results In an Immediate advance of 6,10 .0 (,7a CM 6.3) fifty or more points, while on the other hand, on attempt to sell Drugs aDoui a softening of the prloe In a .similar manner. With the new stock Issue the price a share will be cut to one-ten- th of Its present amount and trading will not cause such wide fluctuations. There Is a growing tendency on thu nart of corporations whose stocks are selling at a high price,\ says the\ notice sent by the management to the stock holders, \to reduce me par value oi tnese stocks for the convenience of stockhold ers and promote stability. In line with this tendency it has been thought ad- visable that this company reduce the par value of Its shares from $100 to $10, and a .special meeting has been called to au thorize the reduction in par value-- ' The stock transfer books will be closed at the close of business on October 31, and remain closed until the final .ad journment of the special meeting. COFFEE MARKET. There was yesterday a sharp ndvanos In the market for coffee futures owing to Improved conditions abroad 'and higher Brazilian' cables. The market opened at an advance of 20 to 35 points and sold 25 to 60 points net higher dur ing the middle of the day, with Decem ber contracts touching 15.95c, or the highest price reached since the break to 13.70c. for that deUvery on September 16. The close was Z6 to so points on from the best under realizing, although last prices still showed net gains of 30 to 35 notnts for tne aay. The spot market at Rio was 150 rels higher, while Santos spots were un changed, an advance of 100 to 650 rets in futures reported early was followed by ft further gain of 225 to 700 rels. BanreicI prices: \ Situr- - Open. Illto. Ixrw. Close, day, October ...... ..... Xorernber.., December.... 15.70 JS.S6 1M2 January. February iirrch 15.70 15.95 15.(5 April Mar 15.T5 15.SS 15.W June July 1S.S0 15.70 15 64 Aurutt 16.55 15.55 15.W September 1S.SS.80 15.7540 15.70-7- 15.70-7- 5 15.70-7- 5 15.65-7- 1I.&5-T- 3 15.45.70 15.6S-7- 0 15(5-7- 0 IJ.tS.fO U.U-7- 0 15 33 Coffee Cablei Wo ra 150 rels hither for 7l st 1PJS00. Eichanre MM. Mlher at 14144. B cclpta 7,000 ttgt and itock 506,000 bags. In Santos apots ware nscnanrea at lwi tor is and 141300 for 7a. lUcelnU 27.000 bars and atopic 1,910,000 bast. Santos futures were MO to cm reis uglier. Tlpoclnts at the ports vera 54.000 ban. Strains! 3,cw last ana two years aro. sao and Junfllehy 'ao.OOO, agalnat 15,000 and 4,Oo6 Cleared tjantos can for Torn. DItA7.rT.IlN COFFEB STATISTICS. Tester- - Last Last day. week, month. New York dellTBlei. I.JJ1 6 .Ml Now Orleans deity's.. 5.193 I.C03 Total deliveries 13,431 15,194 new York atocc su.ror ni.ios New Orleans etoclc... 111,861 tH.SM Stork at all Porta.... T10.23 711.111 Afloat SS4.O00 C8S.0OO 16.(0 15.40 15.35 15.35 15.35 15.35 15.33 15.35 15.35 11.S6 15.55 year es.ww bats Itrrm 3,ouo New i.tso 3.379 163. en, Visible supply 1.M4.KJ 1.43UU J.S7,et Last year's visible.. 1,453,137 1,111,153 1,(33,11 FINANCIAL NOTES, Rold bars amountlnr to KIO.STS bar been wlttidrawn from the Assay Otdct (or shipment to Bombay, New York Eichanre haa admitted to dealtnca Sinclair Consolidated Oil Cor poration rlgnts. De Pasoo Mining- - Company as 17,059 333.341 !03 604 (M.000 India. Stock Cerro porta lta September copper production D.zso.ouo pounus. Tlppe & Co. nave forms! a syn- dicate to take over 11,000 sharts of the Snow's Fountains Corporation. Calumet-Arlson- a Copper Company ro-I- io rt a lta September copper output as I.Sll.OOO pounda ncalnat 4,811,000 for the aame period of last year, Herbert TV, Flears. formerly of Poatsr & Adams, Is with Merrill, Lynch & Co.'s trading riepnrtment. Corn Exchange .Bank will establish an- other branch to be known aa tha Chatham Kquare Branch, at Park row and lYorlh atroet. Tha bank haa purchased a slta at Broadway and Spring street, where will be erected a new building for lta Broad- way Branch. W. C. Langley & Co. hare published a booklet describing the strong financial noaltlon of the preferred stocks of several electrlo light and power companies, boat- -. ieaa ox wnica nu nut uvea .uet-ie- py labor troubles. Guaranty Trust Company haa been ap- pointed registrar of the capital stock of the McNaull Company. Jerome J. Danftg A Co., members of the New York Stork Exchange, have pub- lished a booklet entitled \Amortised In dustrial Preferred Stock,\ containing liat of pieferrcd atocka which havt earned at least four times their preferred divi dends daring the last three to five years. I.llie-t- y National Bank haa been ap- - rinUocond preferred and common atooks of !a thu Helden Trucn worporation. 5 Phillips-Jone- s Corporation has lust pur- s' S chased a factory at Tall Rlvtr, Jlaaa. SSj. I,owla Harrlmsn, formerly with tha on a. Guaranty ttubi vompany, win oe and a director of the Fidelity Trust Company of Buffalo. Harris, rorues iiavn puuiibxibu their October bond circular, which briefly describee more tha- - 140 laauea of Invest- ment bonds, several of which are munic- ipal laauea. which not only ara exempt from all Podtral Income taxea, but also from ttnto and loeal taxes In aeveral mates. Th IW cf tha bonCs mnsfs from about 4U par oent. to around 7, Pr Ml CK.' 3, Wllaon, for alx yeara In the Chl-67- 0 cago offlco of E, II. Rolllna A la s'.o'wllh the New York office of W. G, & Co. In 1 Nassau treot. I.M Merest Motors Company of Delaware Lualneas of the Mercer Automobile Com- pany of New Jersey, Tint new rmnpany have a capitalisation nl 110,000 rharea if liu par value of which 109,000 .bares are to b Issued soon, t J The corn market started yesterday strong only to steady later on reports of further Argentine shipments,- weakness In the cash situation and profit taking. Options, however, at no time looked weak, even holding up well under pres- sure when, late In the session, it was reported that more Argentine corn could be expected. Just at present the ArgenUne competition Is the strongest argument tho bears have to offer. But despite that argument the shorts were able to make yesterday little Impression because of many bullish factors at work. Settlement of the English railroad strike, the lifting of ,the ban on ship. ping, improvement in the President's condition, better tone In tho securities. cotton and foreign exchange markets did meir snares to keep up prices. Hcavj' rains over the belt on Sunday proved en. couroglng to longs. The rains were ex- pected to forestall the movement, but .n:r ruporxs lnaicaiea that the move- ment was not expected to be greatly hampered. The lifting of tho ban on American shipping bound for English ports fol lowing the settlement of the English railroad strike failed to produce tho rally expected. Instead only a slight nuige resulted. Foreign exohaniro: os. pecially sterling, was strong, due more to u rung of tho ban on American ship- ping than to anything else. Hogs were steadier with a rise of 25 to BO Mint. out haa no effect on the market. Trad- ing was dull and, with the exceptions ui iu opening ana afternoon selling, narrow. Outside support was lacklnir. leaving the market almost whollv in th operations or the professionals. Hn BiTjat cnango in tne market Is expected uuiu mure oasn corn begins to arrive. After displaying a steady ton early In the session oats sold off, showing a tendency throughout to follow corn. No appreciable gain was made on tho anv nouncement that shipping to England was to be resumed nor on the fact that more than 3,000,000 bushels were sold lost week for export. Crop reports con tinue unsatisfactory. Available stocks are large and much depends on the amount of foreign trade worked. Pro- visions were barely steady at the close. following the selling and being Influ enced by selling of grains and hogs. The market sold up at the opening on the good tones in corn and hogs, but when Dotn receded provisions naturally fol uwoa in em. Local grain. Ac. Quotations of ves wruay lotiow: CORN In the local markat No. i v.llnw wm quoiea 1 S1.03KIKO. 2 WHIM, IXSIU OATS No. 1 white auoted at Sle.: No. Thlte. lOftlOHc: No. 1 white. Tiueiii. No. 4 wblte, 7SVi079c.: fancy dipped white. tJVic: ordinary clloned-whlte- . lac. all elevator. ItYK JJarket steadr.-- . No. 9 \ $1.65 Vi, coat and freight New York. IJAKI.KY Market steadr. Feedlnt, tl.SI; malting, $1.47, cost and freight New York. IIAY Market aulet. No.'!.. tl.70O1.7S No. 2. S1.5501-5- ; No. 3, 11.1501.45; snip ping-- , ji.um.i5. 8T1LAW Market steady. No. 1 rye, 15 OK a ton. v CHICAGO PRICES. Satur- - IVTE October December May CO it- s- October December .. Mar - OATH December Mar LARD October ..... January ... KIBS October . January .... POIUC October January .... ia. 4a, 4s, Win. day. 1H 153 1 1U- - S3 him utii i5'4 38 12: 123 SS.00 W.J5 SS.SS 21.05 U.75 23. It. ll.it U,15 U.S7 lt.ll 11. 17.92 S7.00 J7.00 37.00 17.00 15.7S U.25 U.3S U.25 32. INTERIOR RECEIPTS. Wheat. Oata Yesterday ..t,m.vn t).ooo Mloo Lest 3.(71,000 629,000 MI.OO) LAti rear 3,206,000 1,178,000 ttU.OOO SEABOARD CLEARANCES. Flour. Wheat. Corn. Yeaterday . 750,000 ...... 1.41 1 1,010 323,000 year 3.000 KO.O00 ... GOVERNMENT Bid. Ask. 2s, mistered routon registered coupon Open. Close, Corn. week 25,000 week BID UNITED STATES BONDS. zs. Manama, isjo, rcsincivu....... 2a, l'an&ma. IXt. coupon 2a, Panama, 1931, 2s. Panama, 1916, coupon. 2s, Panama, registered Is, Panama, coupon Phil. Isl. land purchase 4s. 1931. Phil, Isl. public works 4s, 1555..,. Phil. Isl. public works 4s, list... District ot Columbia S.CS FOREIGN BONDS. Anglo-Frenc- Extern. 6s, 1920.... Argentine Intern. 6s. 15..... Canada, Dominion of. 6a. 1121 Canada, Dominion of, 1V1G .n. T1.,nlr,lnn nl. 1D21 97 Chinee uov., uu u zy. o, Cuba Extern. 6s, 1944............ 9JJ4 Cuba Extern, os, series a. js Cuba Extern. 4Vs. 1949. TM Dominican Rep. 6s, 19M.. 1 French. Bordeaux City 6s. 1919 French, Lyons 6s, 1619..... French. Marseilles City Cm 1919. . Tin r4 'i 1021 97V4 Japanese Got, 4Hi. loan, 1935. JS j.nuiru nor. 4Vii. 2d series, (in, aterL loap. 1931. 67 Japanese. Toklo City U. 1951 n M. 1019.... S9TI 100 O. b! 6 yr. 6HS. Mtt.... MJ4 V. K. O. 11. 20 yr. 614a, 137... 66H M FOREIQN BONDS DEALT IN FLAT. ir.w Wrlirn aterL 6s ot '99. 1945. IS uexico w. r ... Closing prices of stocks In which tiers were no transaction Bid. Adams Exp 3S Adr R Pf.. 72M Alaska Gold 2V4 ?H Al Ch M Pt 91 Jj Cbem. 94 98H Alb ft susq .. 1 Bk Note. do Pf 4711 M Am B 8 pf W 91 A Br Shoe. 9J dopf M'A M Am Csn pf .JOJVi Am F pl.U4 11 Amer Coal. 4t A Cot O pf 93 Amer Expr 99 Am Ice pf. M Am Loe-pf.- l Amer tsnip, ,. Am S Nc A 63.. A Bt Fdy pf W Am Snuff.. ,13V fin nf M .Am Ci,r f'llCU 3 TOO pi '\71 Am Tel 50 A Wool pf.l'ii 1\V Am z nc pi ov Ann Arbor. S do pf.. .. 16 A Dry ild;, 61 do 1st pt. 75tt do M pf.. 7SH A04V7I nf 71 Uatopllas... IVi llstd L pt .106 Barrett 121 do pf -- Hi Bench Crk 30U Low, H 1M uk iu iumt iuu u:u 1HU 26 M 93 111 103 M 186 100 lit 30 7 73 im U4 n it: 124 111 1(1 1I1H lUtt 123 122 ton 10Vi 2S.00 tJ.id n.tO U 23.U 2i .. 23.53 last City 6JH 100 ...100 ...10iHt 1W ...IOS'4 106 Mn ... WVi .. ... K8 .. .... wa ... , , 93 V2 , . 97U 76 ?M4 . sterl. 1SKS.. t i, &ieru. Ask. 100H 95H 12H T I rr. tJ: K. MA \ A C 1S5 A Si C 133 id 62H Bid. Ask. Beth Steel. .10244. 10S Ueth a 7ft..luo va do t pf.lHVi US lun liiaon \ 'ov 14 R ctfa 17 likn Un Gas 73 Brown Rhoe do pf. 9) Bruuswlck.. 10'ri Put ft Susq 71 do Pf Duff R Ic P .. Burns Bros. 137 do pf 110 Bush Term. SJ Iiutterlck.. 21 Call'ack pf.117 cl let pf.. to Cal & Arts, Can pouth.. H Cent Fdy do pf 44 C Teath pf.HT ORR oINJ.lM ( H A Tel-10- Cert Prod . 41 do 1st pi. Chi Alt.. 7 do pf Chic H I,.. 9 do nf 10 04NW pf .123 CM Piien T 9\ St ft M In pf, too f RfAP lift.. M C'fvntPttta CCCaStL. , 4JW do pf. K'i n 91 94 91 96 97A so WH 95 63 93 80 97U 99', Wl 99H 97 U 69 CS 71 & I. 4 I. U 37 74 A A A 46 70 90 71 92 T M 45 43 73 U .... O P O 18H 71 101 Jl 13 T5 6011 5S 130 111 100 23.4 1HV4 61H ,5 13 S3 69 118U 110 41 w I II 125 91 71. W It m 43 BROWN, SHIPLEY & COMPANY Founders Court, Lothbury ' LONDON. B.C. Choose Choose your investment from well-secure- d, high-incom- e yielding bonds nnd preferred stocks suggest the following: . s Austin, Nichols 7 Pfd. - International Fur 7 Ffd. Manija R. & Lgt. 7 Notes Raritan Refining 7 Bonds Argentine Govmt. 5 Bonds Japanese Government 4 Bonds The yields on these securities are all above 7. Send for Circular Jofin Muir IN & (V Odd Lots 61 Broadway, oldest Curb House\ Allied Oil This company's position as to acreage, oil and gasolene production, pipe lines, franchises earn- ings and dividends warrants the consideration of those seeking a well balanced oil investment. 25 Ayre Grain Oct. train prices: WIIEAT-To- no firm i October Wo fas rira. ..i .,. n i to Over nnenoa BUENOS AYRE3. Jfovember J\ February February \The conn October November November 4K T.40 - IMcea ahown In pesos and centavos 100 kilos (2.5 U.). Cnaloru Hotue Itecelpta, Receipts duties at the Custom House yesterday were of which 1219,524.98 was from bonded warehouses and 1899,799.62 for recent AND QUOTATIONS. resiatered. a Peab pf, Col A S lpf 4S UO 2d pf.. 4C Comp Tab.. 63 Con Cigar.. 67 do pi II Con Gas.... 93 Con cMM CornPR PI.107V4 N Carpet M Cru SU pf.lCJ Bid- - Ask. Crex Cub A 8Ug,230 do pt 104 D L A W...177 Det Edlson.U7U Det&AIack.. ., Ilet United .. Dul SS A A 4 do of 3 Elk II F pf 26 Elec Ktor.,10) Erner Brsn, 31 do pf tlVi Endla J pf.lMH 10IH Erlr&IMtts.. Erie Sd'iif.. ll4 Fed MASH FalrbksDf. S34 FlaherD pt.110 uen nem..i!iu ' do nf 10 G an Or pf.100 Orrene O... 42 Onlf MAN 9 dopf. 83 Uutf a ml., fan UO ISt PI. 93 Hartmon... 13 Itarres pt.,115 liomestaKO. .. Illinois Cen mi fnt Arrl.,.. 2314 nn pr.,i... i Int.B C pt.. 19 Int NKk pf InfPsp pi, 1 do pf St.. 71 Iowa Cent.. 6H KCAFtapt. 6t Kan O S Df 60 \Kayser 120. do 1st pl.ios Kel Hn T pt 93Vi Kel Wheel.. SO do pt 99 Keo ADM 4H do pf 10 Lne'ede Gaa 4S IJikW pf... Wk Lire A M..23S ao pi in LorU'd PI...U014 L.W Pt.100 do Zd pi. .107 Louie A N. Manhattan. 63 Man Dnach. H Man Shirt, ltti do, lit Mackay 7S Math Alk.. ' May DS pf.l 1 MexPet pf.l 7 Mich Cenl.. fHi MPS3M..,. U do pf...,,, 96 MSRMLL... 60 MKAT Pf.. 19 Mo Plow pf 94U Mor A Es 70't Mnn Plow,, 64U do pf .....102H K C ft S L.10I vet Ills uf.lll NCAR nf . 1M ICS 63 52 C9 V4 63 Is 104 310 104V4 131 121 ti 101 S 10U 33 130 22 934 70 151 14 SJVi 112 190 101 103 41 ll'i J7 M 95 III let 94 23 fH HK 93 100 79 I 63 n ISO 111 93 92 100 S 60 60 23 243 U2H 114 103 111 110 Jl 91 111 u 40 10t 113 91 90 110 60 1 65 107 111 I17U 11\ NbtEU pf.lQlSi 103K Yield 104 C. W. POPE & CO. Broad Street Yesterday's 233 , 221 Clone. 30Vi B0U Established 23.20 20.W T.03 7.70 for merchandise withdrawn Importations. ASKED Can Income 1,119,J24.60, Ld 103 er Cons... 17H N Ry M 1PI 14 no 2i pi., sij NY Air Ilr.l23\A NYLackW. KM NYCSLlpf. 66 NY Dock pi 63 NYO&V7.... 20 Norf South 14 1(10 Send for Circular. Marlxet. nf.lOl NorfAWpf 19 North Am.. 68 Fuel.. Pax- Coast. do 1st PI. 70 do 2d nl.. 43 Mail... 33 ran Am pf.lO Peoria A E. II -- M pt. 3S do Df 96 Plerca A Df.103 luiuui.,. a Net Chr. . .40 1.10 1.N .S0 .20 .05 per for Bid. Ask. Nat Ohio 63i Pac 1'ere 37U 17H to IK 1S 70 63 21 14 71 a 61 60 100 60 40 lit 17 47 45 101 106 7 Pitta CI pL II K PFtWaC pf.127 119 Pitts SU pt 90 95 IT at O Pt.100 106 Pub Scrv... f U RRSealllo.. 76 Rep M Tck 41 47 tXral Rut. .117 120 Rep 8tl Pf.164 106 Ren S rts.. .. UT Read id pf 36 XI Remlnfton. 71 79 do 1st Tjf. 8SV4 100 dears-- ....Mt 206 do nf 116 its Rloes-- pt,. II 96 Shattuck... II 11 S Porto 8..190 13S do nf 112 US St Jos Land 14 14 Stand MIU..147 164 do pf 17 93 Studeb pf...l03 102 Sup Stl pt.lOD 105 Tex Pao T.350 40 Third Ave.. II il .Tide 3V C.,232 23T iod j u pi. iw in T S Ii A W II do P IS 26 do C I 13 do p !.,,.. 20 SB Twin CHy.. 40 46 do pt IS 114 Underwood 170 US do pf 101 IIS tin Pao nf. j 70 Un Cir Stl. 171 SM da nf Ill 140 Un Alloy... 61 61 u Drug rpi.ita Un Fruit.. .139 111 Un R Inv.. 10 13 do pf 21 34 UKCTP pf C3 6'. USRAI 41 43 ITRInAlC Of.104 lit US Smelt pf 41 41 Vs-- I O C 4 17 Wab pf B... 50 21 West 1st pf 67 TO West Air B.1U llt West V pf 64 61 Western Un 13 14 WALH pf 25 27 Wilson 14 u All nf 16 100 Wll Over nf M 14 Cent... Jt- - 33 VWontnh pf.ltS 1M Ex OlTldsnd. ' Office tor Travelers 123 Tall Mall, LONDON. S. YT. Elec. R. SfEOAUSTS . New York City Investors read TkWflllStwtJwml DIVIDENDS. tltock ot d, able. Cities Service Co., Bankers Shares (m dls), 62.7. . . .Oct. 15 Nor. 1 Cudahy Packing Co., pf. SHr .....Oct. 21 Nov. 1 Dominion Steel Corp., pt, q. 1H Oct. i Oct, 13 Dominion Coal Co, pf, q, lfctt Oct. 3 Oct. IS Edison Elec. Illuminating Co. ot Boston, q, 354.... Oct. IS Nov. 1 Emerson Slrantlnghan Co., pf, q. 1K Oct. IT Nov. 1 ICammlstlqula Power Co., q. If. Oct. I Nov. IS Internal. Nickel Co, pt q. 1 Oct. II Nov. 1 Miami Copper Co q, 60c. Nov, 1 Nov. IS EX DIVIDEND MARKET. Tuesda- y- American Cyanamld aocum. pf General Motors 13.00 General Motors pf I110 General Motors deb 11.60 International Paper pf 1 Wednesday-Nati- onal Cloak A finlt...- - 1 TJ. S. Worsted 1st pf l Frida- y- Alliance Realty Co 1 Carbon Steel ITi Carbor Steel extra 3 Central Leather .....1 Central Leather extra, 3 Du Pont de Nemours dab ...1U9. Harbison Walker Rsf, pf 1 Inspiration Conaol. Cop ,11.80 Pittsburg Coal of Pa, Pittsburg Coal of Pa. pf Smith (Howard) paper 24. pf... Steel Co, of Canada Steel Co, of Canada pf Transua A Williams....... United Alloy steel Vulcan Detlnnlng pf Vulcan Detlnnlng pt acoum...,. ...1 ...1 ...1 ...31.25 ...11.00 ... 1 CONSOLIDATED EXCHANGE. The session of the Consolidated Stock Exchange proved yesterday to be one of Dosltlve satisfaction to factors interested In higher prices, developments being; al- most entirely favorable. Little difficulty was encountered in marking- - up such properties ss'uenera Motors, Worthlng- - ton lump, cruciate ana Mexican feu-- leum from 10 to 21 points. ...1K General Motors on buying;, said to rep resent in large part urgent demand by shorts, was bid up Zl to III. Worth- - inirton Pump advanced 114 to 108U, Crucible 10 to 245, Mexican Petroleum 10 to 23SU. Bethlehem D, at the maximum, sained 2U to 108V,. Steel common 2H to 100T4, Baldwin 4 W to 141U, American Locomo tive 6 to 117. car and jTuundry. lit to 136 Mexican Petroleum moved ud 10 to 2SIU, ending at 2SIU. Fan. American advanced tVi to 121 4. Royal Dutch. New York, Jtt to 104U, Sin. clalr 1 to tlH, California Petroleum 1 to 62&g, Transcontinental 1 to 57 U. Studebakor rose SU to UOW, endlnc at 119, and Fierce Arrow 2H to ei!i, exports From Ifavr Torlt. 'Wheat, 01,253 bu.; baoons, 4,J2,O0O lbs.: tallow, 12,400 lbs,: oatmeal, SCO bbls. j hay, 115 bales; oilcake, 133,400 lbs.; malt, 30,705 bu. ; flour, 15,108 sacks; butter, 83,042 lbs. lubricating oil,, 505,350 cals.; bops, $,297 baits; alcohol, 1,275 bbls. 46 Court Street Member of the FEDERAL RESERVE BANK I , Member of the NEW YORK CLEARING HOUSE No. 118 Designated Depository of the UNITED STATES GOVERNMENT, STATE and CITY of NEW YORK Nassau Electric Railroad Co. To the Holders of the CONSOLIDATED MORTGAGE FOUR PER CENT. GOLD BONDS ! of the NASSAU ELECTRIC RAILROAD COMPANY. No provision hat been made for the payment of the installment of interest on the aboie bonds which became due on July 1st, 1919. In a suit brought by the Central-Unio- n Trust Company in the United States District Court for the Southern District of New York for the foreclosure of one of the mortgages of tlie Brooklyn Rapid Transit Company the Nassau Electric Railroad Company has been made a Party defendant and Mr. Lindlcy M. Garrison has been appointed Receiver of the Company. As such Receiver he 1ms filed a petition from which it appears tliat the Nassau Electric Railroad Company is not now earning operating expenses and that provision must be made to meet the deficit in operating expenses and also to pay for necessary equipment and that default luts been made In the payment of the Interest upon bonds superior in lien to the Consolidated Mortgage Four Per Cent. Gold Bonds. In order that by the concerted action of the holders of the Consolidated Mortgage Four Per Cent. Gold Bonds measures necessary for the protection of their int'erests'may be taken all holders are Invited to deposit their bonds on or before October 31, 1919, with tha BROOKLYN TRUST COM- PANY either at No. 177 Montague Street, Brooklyn, or at its office at No. 2 Wall Street, New York City, or wtth the GIRARD TRUST COMPANY at Broad and Chestnut Streets, Philadelphia, under a Deposit Agreement dated July 21, 1919. Coupon bonds must be accompanied by tha coupon maturing July 1, 1919, and all subsequent coupons and ownership certificates in accordance wtth tho Federal Income. Tax Law. Registered bonds must be accompanied by properly executed transfers thereof in blank. For all bonds deposited transferable Certticates of Deposit will be issued by the Brooklyn Trust Company or the Glrard Trust Company. Copies of tha Deposit Agreement may be obtained at the offices of the Depositaries. New York, October 7, 1919.. E.'P. MAYNARD, A. A. JACKSON, ELON R. BROWN, HALEY FISKE, C. A. PEABODY, BEEKMAN WINTHROP, Committee. AUSTIN W. PENCnOEN, Secretary. , 177 Montague Street, Brooklyn, N. Y. a Our latest calls the of to the tact that they In the of their or in them to to the best & Ono Wall New Hector J9. Crude) OH Oil.. Crrr, Oat t $4.26, runs avorage That Advertisement!! If you don't see it in THE SUN you must remember that SUN' censorship is rigorous. Bulletin attention Investors should compare Dvncattnt PrisTAG \\\-wit- h most NEW YORK'S GREAT MORNING PAPER Future Prospects determining value holdings enabling Invest advantage. FRANCIS CO. InitsbnerJ StturttUt Street York Telephone Pennsylvania Market. Crfdtt balances 94,244, 484,227. Shipment 414,506, average 27,257. Financial Snow's Fountains Corporation Wc are receiving orders for execu tion when trading starts on tho New York Curb, October 16, 1919. WILLIAM MARKO Telephons 4255 Broad Bonds for investment Harris, Forbes & Go. 1 lue Street, earner William NEWYORK 1\ N 42 Broadway New York City Investors read TKe Wall Street Journal