The Bridgeport evening farmer., 1914-09-17

The Rarron Financial News Serv1ce-l
 New york, Sept. 1z-iA big step to nard the resumption of business h he Cot4on Exchange. has been ta.ken through the settlement of the laV- rpool stradd1e account. which com leaHs and Liverpool exchanges nave leen striving to clear up for the lasl x4f weeks Formal notice has Dean Efven members of the local excnAnse hat price of $50 has been agreeu kpon by the Liverpool exohange IoE fz,,t1arv- February effective September
 A4 the same time the price VIII iS adjusted for December at $50. Mar tfns are due at Liverpool September E and checks among members are not nlled for until that date
 Under ta1s terms of a new contract hat has just been rst1led py slle kovernors Of the New York Stock Hs1> k6anre and the executive committee Fl tlse VvesteFn Union Telegraph CO n auuaicaf3ons for stock Quotauon kwv4rn received by the Western Unlon
 n1at be submitted to comniu1ee or
 aAs Stock EsnchanEe govern ors xor aLT apTT bToynx Ed1is clause was put in the koz1kracf co enable the Stock Exchange kz,d the telegraph company to de- ks..rzx1lsa vvsree11er applicants Tor stock ,Is,kaa4fr,a service intended to use the EuotuEaous In ccnduct1ng a. legftdnnate f1IrrF4 E4ae vVesHexn Ua1Dn. az a pubic service - atton. has not been able to ex- i.rase any police power to investdgR k,u1fcauts but with the vigilance Of Ase @horar Exchange abuses resulting kitoz11 flae dsstr1befton Of the service krfa be mtnlxzrizesd-
 H5hs Aunex1can E5Zephome & Tete- rras3b co. has suffered as a result nf fha yvax. but only in sections. h Fsersstsaax paxts of the east. in Pennsyd- Rzsz1ia f{Resk Virginia and in some of The sotchexn gtabezs growth of business kIs ceased and fhe percentages of El5,y,tsra7sf1ous has Increased consider aor1s n0tah4y the nEortawest and great z.lx,1< states Ike Nebrassxa and Eazsas, Dus1ness is decidedly good ax1H exoWxh Is proceeding at a Der eea4fy normal rzEte Poor as general busffess cond1tdons arc the A. T..& T GO. Wau end r91a wzth as large sur plus as tn 1szS or about S, GOO.
 At a special meeting of the Ameri- can L0c0n1otdye co idirectors g. L. Echounuaaker and WI ". Mellon were elected directors Piiny F9ske o1 Iaarvey. E1ake 6 co. and J: McNangh- zs1rsuance Of the plan to meet the ob- 5eetions Of certain minority stockhold- ef-s who have been cannp<is sndng for g change Of ulanasexnent for the 1asi sevefaa months w. Mellon is presidents of the 1feElon NationaI banH of Pif bs1rsll, one Of the oldest bank: ii the coun try He Is Identified witt numerous Pitts gt enterprises al well as others among the largest ii the country
 For. the first half of September ex ports of copper amounted to about 20, GOO o80 pounds. or at the rate of 40 0o0,0eo pounds a month Assuming that domestic consumptton Is 50,o0o GOO pounds per Month total foreig1 and domestic consurnption Is equal t, 90 00D GOO pounds month Befo1t the war the output of American re liners was averaging 140. 00o, 900 pound per month Mine produc4ion has bsel cut 50 per cent. so that consInptfol rn14st be running somewhat in exces of mzine production. It will be sixt. ito ninety days, however before cur tailed production will be fully reflect led In refinery output. although rein cries have already cut down their CD
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