| Show 1 Commercial and Financial I TOCKS STOCKS RULE 1 TO 5 i i HIGHER IN N. N Y improved Money i Condition and Good War Tar News New's 1 Encourage Buyers New cw York Sept 14 With 14 H. With the stock exhibiting a strong for for the first firt time this this week general v recoveries rc ov rles from froni the weakness of oC the last last last few lays clays featured the Saturday short hort session In trading Indications web wel c clear that tho the stringency In mone money to which was attributed the liquidation which has marked tho the retrograde retrograde ret ret- rora c movement mo of or speculative Is Issues Is- Is sues had been modifier modified at least to toA toa toa a A Imle limited extent and this factor and the continued favorable Ca war news with wih a marked rise In Liberty bonds served nerved to encourage investment buy buy- tho levels ers era Short covering ering a at t le brought h about by the tho recent break brcak also contributed to lo tho firmness and sl stocks generally ruled from 1 to 5 r points above c abo yesterdays yesterday's closing cosing quo quo- Issues governed go b by specific rather than general influences Included Mexican Mex Mei- ican lean Petroleum which rose li U points point pointon on reports that the Mexican government government govern govern- ta tax tac concessions to ment mont had granted ranted oil companies and Wilson lson 01 S. S company com pan which sustained a n sharp fractional loss on OP the probability of ot federal control of or packers packers' operations in live stock markets II o l General Electric and d United States each gains Alcohol scored the largest rising 5 points United States Steel In Including Including In- In and other representative issues ond eluding Reading Southern Pacific and Canadian Pacific rose between 1 and 2 points while some of oC the thc specialties I which have been in the forefront of or the recent o ha decline made oven even greater ad ad- ad I vances Sales amounted to l OOOO shares An n analysis of or the tho bank banle statement t disclosed a much smaller decrease in loans than was commonly expected In view of or tho the drastic liquidation of ot tho the we week lc the thE retrenchment amounting to only 3 bonds maintained a Miscellaneous of oC the thO good tone despite improvement ement Liberty Libert Issues Total sales par pal pal val vat value ue uc ue United States bonds old issues were unchanged on call cal V NE E YORK LIST I 1181 11 I. I I L ii-L- 1 I GI heeL Sugar 1 S S lect Con Can uga I 1 W 5 sm u 1 Car Clr I OUD I 1 61 S 6 merlc IC 1 7 merlau C lC itS It merican Sugar Id fri Zinc Ane r el 11 S. S S. S lt Copper 30 ti 67 66 o S U I i. i Gulf W. W I. I S. S s. s 1 L ItO 10 10 tl Gul Ohio S 14 6 64 k Superior Copper 18 Petroleum 1 1 Canadian l I S' S Luther tOo f 6 U 66 Ohio St St. Paul m 47 S Chicago J. J St StO 9 C C. It H. H I. I P. P cU 40 25 h Copper 00 0 33 Z Cob Colo I Iron 4 Corn RC 9 1 40 41 Crucible Steel 6 IC 61 61 61 64 Cuba Cane Sugar jO 39 I 0 Seventies rJ W 60 Irle Irie G IS 1 I General rI IU 10 13 11 lG heat 11 O Grut Northern Ore CUe GUs 40 0 ZO l 30 0 I Central 95 9 Inspiration Copper 10 3 63 S Mer Marine rd 80 i S 9 I international Paper 31 1 Copper r z 1 Cp 1 11 1 6 26 6 25 1800 ItO I 1 s I r IC t 25 er 1 G eada Copper l O 0 New enda York Central 1 01 O 3 3 7 I T 72 N e V. V N. N It hartford n 49 9 9 1 Western oCon Pacific estern 1600 81 tG Si Pacific hail 31 30 R OI 3 43 Cal Oal 4 49 4 r. r OI 24 7 25 23 z H flay ner edID 57 86 I SW Rep Iron SLeet 30 90 59 90 9 Shattuck Copper 15 Southern k Pacific 10 85 85 S 40 26 6 26 Studebaker Corporation 46 46 4 46 46 Texas Co lon 6 IS J Union 1 1 1 U. U S. S AI Alcohol 2100 11 1 Statu Steel 4 90 It 10 I State Stale Steel 10 Utah Copper 83 82 g W S Uh aba 1 lB In 0 43 31 43 4 43 B. B 4 54 21 Sm SC Total L tales for Cor the day dart tOJ shares bares arC NEW BONDS DS JO t f r Oft i g tr Ir fir r 1 ii 1 U. U S S. S 5 c coUpon p IS Ill r Central tr I I r ref 93 93 n. n i s. s as reg re o t 82 S ml Int Mr Irr IM C. C 15 9 93 p. p s. s is coupon U 83 en n. n Cite CI So 5 r ref t Sa s 96 o J U S. S Liberty 3 s. s t. t s. s 4 I IO K T 1 bt 1st Is 5 6 1 ii 1 S. S f. f 4 rI 11 Mo Io Pie Pac gen Een u. u 67 Am m. m For Sc See 1 liI Mont lont Po rower er 6 I. I 83 A. A I 1 T T. T cIt eL Is y C nt Mb db Cs ls 93 3 Anglo 64 9 Pacific 4 M Armour Co 4 s. s 83 S Za r 53 1 Zen eD 4 so SG O. O s B. B j I. I ref reC SI 51 BilL O. O cr 4 ns s 76 6 4 IM Inc Tel Sc Tel Sa 55 88 8 Ste rot ref Is f 51 Penn con cn 41 3 Central Leather 1 94 9 Penn gee en 4 41 86 Pacific 1st t 1 1 ln gen D. D 4 S1 81 r O. O cr Is Oi 76 1 I alJ G 6 C. C B. B Q joint 94 So I. I cy CT Ss S. S 90 0 I PM P.M. UI 57 rl fl IY 6 5 lj q ref reC 4 I Tea Te Pac ht 81 D J Colo olo So s j 24 Union 4 1 s. s n. n R. R I. I G. G ret Sa DB th U. U t. t S. S 80 8 I of oC C. C ci 1931 95 U. U 5 S. S Ste Steel 1 Ss f. f 7 1 gen 45 4 IB abath 90 0 f n. Electric 6 eit lih 5 EI s. s CLEARING G DOUSE STATIE r f Now York Sept 14 The H.-The Tho actual condition of ot howe homo banks and trust companies for Cor the week shows that thit they bold fC rt reserve re in 10 o excess of oC lecal lesl requirements This Fiats la Is 1 a de dc- crease of ot 0 from tom last Jut week The be statement Colo follows s ACTUAL CUAl CO CONDITION Loans Loan Lan discount e etc de tc decrease Cash In own vaults Members federal reserve bank banks a I Increase Reserve In federal ru reserve ne banks I 1 Of Ot f member banks decrease 33 U- U WO Reserve in Sn o own n tUlta ls stats tte banks and aDd trust companies Ib b l d decrease rene O hi Iii II depositaries state tate banks and treat corn pan les 7 decrease e ane 4 aXet it demand deposits decrease Net time deposits deposit O increase t. t O Circulation 3 increase UcO Specie Included In Sn a I sad and lb fb b 4 States deposits deducted Arate zate reserve Excess reserve decrees f 23 JJ b-AT b BANKS D. Summary of ot state h banks sod and trust treat companies In Gr Greater te New ew York not Dt Included in clearing house bouie bO 1 ment IO discounts etc ec decrease Gud Gold decrease Currency nci and bank benk notes Dolos 6 e I with Ib federal ru reserve no bank New ew York Tork decrease c Total pIU T O decrease U. U rust fruit companies cash in 1 vault Taul ault MIAMI OUTPUT COPPER COPPE RANGES FROM UP TO POUNDS I Miami lall Copper com company pan In August produced a total of or pounds of ot copper The Tho production by months In tho last three and a half hal years cars ran ranged ed from pounds ant during one of tho the strike months last year ear up to us ns high as 6 This shows that th the maximum output last month Is 18 near p c I Live Stock Markets i I O o. o O p North Salt Sl JIlt Lake Sept cit Cote n Cattle H. IC morl market t Choice hen henry heavy steers strem UI n. W H-W 1210 1260 rood fair steers steer 8 choice n cows and heavy belf r 75 93 Sr fair to poM cows u ant and blu bear beav heifers heifer 65 CUU cutters N. N jol G. G canners 4 3 50 fat tat bulls buil l bologna bulls buls S. S U. teal seal calves 9 llO 00 lol lIs Receipts 19 market strong to higher w Choice Co fat t hogs s. s 16 to 2 0 O pounds I 1935 Sheep Receipt 25 26 Choie Choice fat Cat at H. H 1400 1 1500 C 10 e ewes OGDEN JlE STOCK O Ogden llen Sept 14 H.-Ca H. Cattle Receipt Il EG 66 rG market steady fed Irime steer steers 11 IO choice holce cows butcher cows stuck stuck- r I ers N and feeders ceder canners i f fat t bulls G 6 bologna bulls buls I I calves I llon JoK Receipt none market considerably l higher Tops 19 1923 1935 Receipt market stull steady tedy Spring I lambs b lUOm O lt 11 1110 leu leuber heavy ethers u-ethers ber 1000 ewes Chicago o Sept 14 H. United States Stales bureau of oC Hoss Receipts 50 lOc lO to lo 1 tc higher than thon yesterdays yesterday's a average T rop p 2090 J. J n a new how W I record Butchers light r 9 packing rough IS pigs lS 1875 1950 Cattle Receipts compared with A wee week Jh I ago ano prime fed steady to others lower cows ons nod lu heifers heifer's ICen ISe to lo 4 lower l' l calves he to 10 DOc Oc c hl higher Receipts 1000 10 compare compared with wih a week top lambs lamb and ond yearling week weak to lower lambs SOc Oc lo to 75 ii iS lower fat fet and llo bre breeding sheet sheep steady feeding sheep au ned yearlings firm fine to 2 c higher Omaha Omelia S Sept pt 14 Receipt 4 marVet mar mar- Vet irot l to tl 5 higher Irn mixed OO light 1700 bulk blk of oC Mies MIs odes Cattle Receipt 70 iO market steady native steers 12 co cows s and nd heifers j 1280 western fter steers Texas steers 9 11 r range nse co cows s nail and heifer anner anners I. I 0 It stockers ker and Cler 1560 calves alves ahls bulls bulks buls stags stas s etc ele 00 0 1 lr Sheep Sheep Receipts ICO market steady rs ewes 9 lLO lambs n. n 1725 yearlIngs Kansas ansis City Clr Sept 14 los 1 Receipts 1000 0 lower lo Balk nail 1 1223 2033 3 beu heavy butchers 9 l light bt 19 1900 2029 O. O pigs 15 I 6 1860 Cattle Receipts 1000 10 stead steady Steers li 1725 ISO western cows heifers heifer j stockers stokers j calves ulTes 6 Sheep Sheep Receipts none Done uncha unchanged I Eastern Produce I Ip o p o p 0 DRIED FRUIT FIUT Chicago Sept 14 Buttor Butter unchanged d f eggs receipts cases cues unchanged cd hl higher her receipts 2 cars Cr Minnesota rul Karly bulk 76 2025 6 aine nie O Wisconsin bulk buik 2452 GO same fame sacks poultry slice olive alre unchanged New York Tort Sept 14 Evaporated H. apples lifeless prunes firm apricots nervous peaches firm raisins steady New Xe York TorI 5 Sept pt 14 Batter nater H.-nater Batter strong Iron un un- hen n fed eggs fJ eg steady unchanged cheese firm unchanged poultry steady unchanged Kansas City Sept hept 14 Butter H. Butter eggs and nd poultry poultry poul poul- try tt unchanged J 1 JO O p O OI I Grain Markets i I p 0 0 Chicago Sept o. Cor 2 yellow 1 Xo Z 3 yellow elow No n. n 4 plow 1 1 nt ts No o. o 3 white hUI i standard H rye ne No o. o 2 tarley tim Ur oth O 0 clover nominal pork prk nominal I lard larl 2007 2307 00 ribs I Xe New York Yort Sept 14 Wheat Spot Spot H. Wheat Spot steady dy No 0 12 2 led 22 i. i track tlC New Xe York export to arrice arrive ar ar- ar rive rice rie cpr sport firmer fresh shelled No 0 2 I yellow clo l and No Xo 3 yellow elow coit cot and aol freight New ew York Fork oats spot rt Quiet standard 81 SIVi Sll other articles artcle unchanged Inn Kansas City CIT Sept 14 CornS Corn Corn September 1 1634 October 1 1 65 November 1 Omaha Neb eb Sept 14 Wheat Whet o. Wheat No 2 bard bad No 0 o. o 3 bard hard t corn cor No Xo I white 1 1 No 0 3 white 1 ij 0 No 2 yellow No Xo S 5 yellow elow 3 No Xo 3 mixed l. l 6 mixed 1 oats oat 0 2 h I 70 iO standard G 6 1 I Minneapolis I pl Sept 14 Barley H. Barley 43 4 rye le bran bun 2031 2331 31 corn 16 ate ats a aG G 69 Liar flar Iu 42 MINE ITT OCCUPATION TAX Ti SHOULD SHOUD BE p PAID AID NOW NO Occupation tax notices on mines wore were prepared yesterday b by State Treasurer Daniel O. O Larson and will willbe willbe be circulated throughout the tho state to to- to morrow The occupation tax is Js now d duo o and will wi become delinquent Saturday Saturday Saturday Satur Satur- day noon November 30 30 when a a penalty penalty pen pen- alty of or 3 5 In each cach Instance will wi be bo added If IC the amount duo clue to th the state slate is not paid b by that time FEDERAL RESERVE nA BANKS KS I Washington loD Sept 14 Stronger H. Stronger demand for tor commercial credit was u reflected by the federal reserve boards board's bals bal's weekly statement total bills hi h held l by bJ the twelve banes banu at the clo close o of ot business last lat night as l IOCO a or ore nore than a 1 week a ago The Ile report follows Gold Cold Gol In vault and In la transit Gold fund CUDd F 1 K Hf U. board Gold with foreign agencies l Jo 81 Total gold old hell by bank Gui Gold with federal reserve ull Gold led fund Total sold gold reserves O egal tender notes sliver silver etc dc rol Total a I reserves reserve 07 Hi discounted for tor members member and nd F. F R. R banks bank Bill BI bought in II open n mak market t. t Total old bliPs bill bil on banks n. n 2 10 U. U S S. government long term securities i 23 U. U S. S S government short term securities 33 71 0 Alt All Al oilier other earning au assets h. h Total earning assets WO Uncollected Items deduct from gross cross deposits 6 OO rou Five p per r cent redemption fund Cund T. T 1 S. S bD bonk bank notes note All other r fi x Total otal resources 0 LI BIlUS Capital paid in In ID Surplus 1100 I Government nt deposits 2067 Duo to member reserve members reserve account Collection Items lUms Other Oilier de deposits deposit I Including foreign pl credits credit Sll CIO ut Total I I gross groM ro deposits federal lder l reserve reene notes Dott In la clu actual l circulation O Federal reserve bank notes in circulation net liability De All Al other liabilities Total Ratio oC ot total reserves to nut net tota deposit and aDd 8 F. F R U n. n note Dote liabilities labite combined 67 per coot cent H. H Ratio to of oC gold 1011 reserves reserve to 10 F F. F pr It It I. I notes holes in ac ac- mil tuai circulation after aside ide 2 25 23 ater ilie per per- percent cent against net deposits liabilities GL per cent NEW XE YORK MONEY MOXEY New tl York Sept 14 H. Mercantile ut paper I on un d an changed pr Sterling ilay bills bis unchanged demand 4 7 16 cables cable iWA Franca demand 64 cables cable 64 Guilder demand 43 cable cables O 43 Lire unchanged Mexican dollar doHan unchanged Sept 14 Money Moner Money and discounts discount un un- I 1 changed Tho Tile comparative monthly table Is as follows Ins 1918 In 1317 1917 I January February S March i 1365 April u. u May APri Juno Juno 19 July August 1198 September 20 2 October I U November No 6 December 1916 InG 1015 1915 January Januar 1807 9 8 February March April 4 May APri Ia 36 Juno W July I August September 1 October I November December 73 1 I CORN DECLINE DUE TO GOOD OVERSEAS NEWS Favorable Bear Crop DeveLops DeveL ops on Report of Drying Drying Drying Dry Dry- ing Corn Cor l Chicago Sept I 1 14 Favorable L Fa warn war n news ws and better weather gave gave a de decided dc- dc a advantage to today ay to tho the bears In corn Lar Largely ol as a result the market finished nervous lenous Ic to net pet lower with wih October l 2 to 15 1528 and November November No No- vember to 1501 Oats Oat lost Ac Jc to Be c. c Tho The outcome In provisions var- var nod from lOc decline to lo lc advance ad Corn developed weakness quickly l and at no time displayed much power to recover The he continued rapid pro progress progress ress of oC the entente allies alles formed an evident e handicap tor the for the buls bulls and was marIa made more and more of or a burden as re reports reports re- re ports came caine in telling of improved cd conditions con con- for drying out the crop and of Increased likelihood for a complete completo escape from dama damage e b by frost trost A notable notable notable not not- able c of cash demand together er with wih the fact that country consignment consign consign- n- n ment mont notices were holding up well wel led ld to much additional liquidation on tho part palt of holders and to rather free Cree short selling especially lal in the tho final hour Oats showed stubborn resistance e to selling pressure The Tho chief reason ascribed ascribed as as- was wa that purchasing had been liberal for the tho government and the sea sea- board Higher Bisher quotations on hogs hos strengthened strength strength- ened enod provisions pro In the late dealings however pork pont evinced c something of or a tendency to sag sat I The leading leadinG futures range rang as folI follows fol fol- I lows 0 WS Corn Corn Corn- Open Low Close Clos Oct 1511 12 Nov l Z 11 lOJ Oa Oats Oats Oats- ts- ts Oct Oct 72 73 n 71 ill 72 X Nov 0 7 74 i 73 i 3 Pork Pork Pork- I Sept Oct ct r Lard Lard Lard- Larl- Larl Oct 2683 2687 2680 2682 Nov 2635 Ribs Ribs Ribs- |