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EVENING LEDGERPHILADELPHIA, MONDAY, SEPTEMBER 1, 1914.
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HMMAL OUTLOOK
; BRIGHTENS AS BOND
Grading is resumed
f)Lojl Committee Begins
Sessions to Arrange Offi
cial Prices for First
Authorized Business Since
Exchange Closed.
Vith the Inauguration of trading today
In ujtUated bonds, both here and In N'ew
'York, there liaa coma a clearing In the
financial nkles which, It la Konerally .-
peoted, will be rellected In a rcstorutlon
v of open security markets. Under the dl
j tecilon of special committees, olncHl lists
of prices will bo established as the b.isls
jr for trading which, for the present at
l least, will bo confined to uch btmnes as
Bhall como direct to the bond houses,
Without, sollcltaUon.
Thjf committee representhiB 1'hlladel
phln''hoU8c had Its inausrural meeting nt
noon In the ofllco of K. V, Clark &.
.Co.,' where It will sit each day hero
after to act on such transactions as are
proposed by dealers, at prices to be fixed
by the committee. The cIosIhr figures
ns of July 10, the date upon nhlch the
Stpclc Exchanges formally closed their
tloors, will bo taken as n b.iili foi nil
transactions and bids unci offers foi
necutltlcs on this basis mil be received
and considered up until 3 o'clock dally,
x,cept Saturdays. Worn this tabulation of
prices 'the committees will establish an
otUclal quotation list and subsequent deal
ings will bo put through In conformity
wun una list.
FINANCIAL NOTES
There has been constant decreaso in
the number of Idlo freight cars of the
linos of the Pennsylvania Railroad In the
last three months, caused primarily by
the larger number of cars used for crop
moving purposes. On Juno 1 the number
of idle cars on the entire system, lines
cast and west, was Tft.COO, whllo now the
total Is 61,000, or a decrease of approxi
mately S5 per cent.
Application for a charter for ft new
state bank, to be located somewhoro In
the northern part of this city, the site not
having been definitely determined, has
been filed In Hnrrlsburg. The incorpora
tors are A. SI. Nlsslcy, Joseph T. Hayden
and William Helndel. John I1. Connelly U
counsel. The capital stock will be 150,000.
The banks gained from the Sub
treasury on Saturday, $336,000; since last
Friday Jl,021,00a
There Is a report In the street that the
directors of the Central Coal and Coke
Company, at their meeting tomorrow, will
pass the quarterly dividend of Hi per
cent, on the common stock, due at this
time. It Is understood that the rcrular
quarterly dividend of $1.25 per share on
the piefcrred stock mil be declared.
Electrolytic copper sold In London to
day for 12' cents per pound.
Not earnings of the Tonopah Belmont
lovelopment Company In August were
$12S,51, compared with $102,000 In July.
Jim Cutler Tonopah Mining Company
August net earnings were $39,900. In July
they were $9000.
An additional $310,,7W emergency cur
rency to Philadelphia banks wa Issued
by the Subtrc.tsmy today.
Herbert A. Poheftel. a partner of J. S.
Bache & Co., of Nctr York, died on Saturday.
BANKS OF HEW YORK
HANDLED SITUATION
WITH FORBEARANCE
Comptroller of Currency
Commends Them, Al
though He Says Some
Complaints "Were Well
Founded.
Conditions resulting from the European
war are given as the causa for the action
of the directors of the Augusta-Aikn
Tlnllwnv nA P!!trtn f?nrnorfttln In mi-
"She bond houses and the commute. ! nsndlno: txivmenta of dtvldenfis on the
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Jtavo agreed that there shall bo no price
cutting of any kind, nor will any at
tention bo given to mere bond exchanges.
The Idea is to afford some relief to the
market in a legitimate way, and It Is
believed that under the restrictions to
bo. laid down by the committee a con
siderable business will be done In high
grade securities.
The Stock Exchange Committee con
tinues its deallnK.t 111 listed vlnnllu nn.t
:"$ bonds, and bus already approved the plan
!, for trading In the unllHtvd Hpnrltloo
; "With both branches of the Investment
r business working in complete harmony
there is every Indication for a healthy
resumption of trading, which shall go a
long way toward imparting to the mar
ket a conservative feeling of confidence.
Europe, of course, holds tho key to th
, .entire situation. Progress of events
abroad governs conditions here. With th
reponea successes or the allies comes a
better sentiment, and the general opinion
seqms to bo that Improvement from this
time on Is likely to be quick and drastic.
Thtre is talk in New York today of re
opening the Cotton Exchange, and more
than one broker has ventured the pr- ,
dldtlon that by October 15 the exchanges i
of "the country will again be In full swing.
This, of course. Is all a matter of guess- '
work. No one can foretell what Is likely I
to happen, but Judging from recent events I
in the financial field, indication arc not
lacking that the guess Is likely to be a
good one.
company's preferred stock, which have
bwn paid heretofore and are cumulative
at tho rate of 6 per cent, annually. An
official statement Issued by tho company
says that payments will remain bus
ponded until financial and general busi
ness conditions Improve.
CANADIAN MILL RESUMES
..s
Ifter Eight Months Partial Opera
tion, Textile Plant Does on Pull Time.
TORONTO Can.. Sept. H. The Dominion
, Textile Company has resumed full work
ing time In its ten nlll Fi.r iMght
months the 7000 employws had boon work
ing on an average ui j i , . iU , i,,l
time.
It is announced Ir. ciiu-ugo that the
Commonwc-alth-Edlson Company has laid
off more than W employes in -arlous departments.
DIVIDENDS DECLARED
Toronto Hallway Company, quarterly,
2 per cent., payable October 1 to stock of
record September 13.
Cincinnati and Suburban Bell Telephone
Company, regular quarterly, 2Vi per cent,
on capital stock, payable October 1 to
stock of record September 22.
Goodyear Tire and Rubber Company,
regular quarterly, l'i per cent, on pre
ferred stock, payable October 1 to stock
of record September 19.
Julius Kayser Company, regular quar
terly, li per cent, on first and second
preferred, payable November 1; 1 per
cent, on common, payable October 1,
Philadelphia Traction Company, regu
lar semi-annual, 2 per cent., payable
October 1 to stock of record September
12.
l?i lzilian Traction Light and Power
Company, regular quarterly, 14 per cent
on inferred stock, payable October 1 to
Mt c iif record September 24.
India Electric Company, regular
iu u toil, l per cent, on common, pay
able ikiober 1.
irunl Trunk Railway regular scml-an-u.il
4 per cent, on guaranteed stock, pay
able October 31.
FRENCH BOURSE TO OPEN
A news agency dispatch from London
says that, at the request of Minister of
Finance Rlbot, brokers associated at
Bordeaux have decided to reopen tho
Bourse there.
COTTONSEED OIL
NEW YORK. Sept 14 CottoniJ oil ojen
1ns fwptemb-r Vi i&3 SS. October, JVI2
ti':'J" November $.1 !).' OV, Dwember. J'..3rt
r. 1)7. Janu.u-i Mmwi.OT. F'bruary, u(f'
BC 12: March frt.25.j6.2i; April. 0.2SSi).35
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WASHINGTON, Sept. 14.-The Comp
troller of the Currency said today that
statements had been received from nil of
the National banks of New York City in
reply to the recent Inquiry addresed to
them In connection with the throwing out
of collateral by New York banks, calling
of loans, etc. showing that nlthough tho
complaints received had been well found
ed and while somo hardships had been
Inlllctcd by discrimination by some few
banks, tho Now York banks ns a rule
havo handled tho situation with skill,
ability and with marked consideration
and forbearance to creditors and cus
tomers. The Inquiry developed the gratifying
fact that since the closing of the New
Tork Stock Exchango, not a single na
tional bank of New York City had, ac
cording to tho sworn statements of the
banks, either sold or ordered sold the
collateial held as security for any call
loan because of omission to pay such
loan, and that four-flfthi of the banks
have refrained from calling, since the
closing of the exchange, any of the out
standing loans, also requiring customers
to furnish additional collateral where this
was needed.
A summary of the statement received
ohows that 29 of the 33 National banks
report that they have not discriminated
against srcurltlcs by requiring the with
draw of any of tho collateral held on
their lcat.3. Three banks report that cus
tomers wero requested to withdraw from
loans certain collateral which was re
garded as unsatisfactory. One bank sub
mitted a list of 21 stocks, about one-half
of which wero dividend-payers, which
they had requested their customers to
withdraw from loans and to substitute
other securities for these withdrawn.
Twenty-nine banks report that they hold
no loans upon which they are requiring
customers to maintain a margin of more
than 25 per cent. Four banks. explained
that they were requiring customers to
maintain additional margins where cer
tain classev of securities ere held ns
collateral for loans.
Twenty-seven banks stated that they
had called no loans since the closing of
the New York Stock Exchange. The ag
gregate of the loans, which the other six
banks reported that they had called, was
about J.V.00 000. Of tho loans called about
00 per cent were paid.
Thirty-one banks reported that they had
called no loans which they hud placed for
account of their correspondents. Two
banks reported about J2,O0O,0OO of loans
called for account of correspondents,
about three-fourths of which loans weie
taken over by the banks which had loaned
the money for their correspondents.
Elcht banks reported no new call loaim
made blnco the closing of the New York
Stock Exchange. The remaining 25 banks
reported new call loans since August 1
aggregate J51.700.000, but how far these
represented matured time loans trans
ferred to call was not disclosed. The
amount of call loans voluntarily paid was
not stated by the banks.
INSURANCE NOTES
Country's Plre Losses Greatly Re
duced in August Mortality
Record Lowered.
Fire losses In the- United States and
Canada showed a material falling off in
August compared with the same month
a yenr ago. Figures Just complied give
tho August losses this year nt $11,765,650,
as against 121,180,700 for August, 1913. So
far this year the lossna total $162,323,700,
compared with 160,OS7,2CI for the same
period last year, and 1163,750,350 for the
first eight months of 1911
Losses each month this year, compared
with thoso of 1913, follow!
.. 1013
junuary
.....,...... S20.1O3.2S0
I'Obmary ........ .... 22,0!M,TO0
Mnrcli I7.nil.000
April in.T.lft.S.V)
May , 17,221..'0
June ,..., 24.n42.0O
July 2O,0fO,P00
August 21,180.700
Total 8 months.
1014.
I23.2O4.700
21,744,200
2S. (11 2, 730
17,700,800
18.S07.80O
20.a48,000
1T,B1D,"00
17,705,050
NATIONAL BANKS
INCREASE HOLDINGS
OF UTILITY ISSUES
Government Figures Show
Growing Demand for This
Class of Investment Se
curities Three-cent Fare
Fight Still On.
.$100,087,250 1162,323,700
Llfo Insurance companies In tho United
States made the lowest record In their
history Inst year In the matter of mor
tality. The percentage to expected mor
tality was Gfi.09 per cent., as compared
with an average of 72.38 for tho last dec
ade Last ear It of tho 70 companies
scheduled hnd a mortality below 50 per
cent, of the expected, while 18 were undet
0 per cent. The Industrial companies,
while naturally having higher mortality
than those writing " ordinary business,
showed a ratio of actual to expected of
68.09. This Is an Increaso from 80.64 In
1912, but compares with an nverage of
95.37 for the last decade.
John G. Simmons has been appointed
New Tork suburban general agent for the
Insurance Company of the Stato of Penn
sylvania, After October 1 the North and South
Carolina general ngencles of the People's
National nml t'nltid Firemen's fire In
surance companies of this city, now with
Harvev timbeth & Bro., at Charlotte,
N, C, will be discontinued, and the
agents will report direct to Philadelphia.
D. M .Murchlson. now witn iiarvey Lrfim
beth & Tiro., wilt become State agent for
North and South Carolina, and Walton
Lnmboth, now of the firm, will be special
agent in the same field.
MORE COTTON IN STOCK
Increased Amount Hold in "Ware-
houses, Says Census Report.
WASHINGTON. Sept. 14. A report to
day Issued by tho Census Bureau shows
cotton, exclusive of llnters, consumed
during August, 254,205 running bales In
1914, compared with 432,350 bales In 1913;
held In manufacturing establishments on
August 31, 677,40? bales In 1914 and 717,704
In 1913: and in Independent warehouses,
54S.S57 bales In 1914 and 467,902 in 1913.
Imports, 27,057 equivalent 500-pound bales
In 1914 and 7785 In 1913: exports, Including
llnters. 21.210 running bales In 1914 and
257,172 In 191J. Cotton spindles active dur
ing August. 30,349,902 in 1914 and 30.G02.2S2
In 1913.
Llnters consumed during August, 24,634
bales In 1914 and 215.630 In 1913; held !n
manufacturing establishments, 73,343 bales
In 1914 and 60,451 In 1913; and In Inde
pendent warehouses, 30.321 bales In 1914
and 27.378 In 1913. Exported, 3S5 bales In
1511.
WHEAT SHIPMENTS ABHOAD
Shipments of wheat from this country
to Liverpool last week totaled 8,233,000
bushels; corn, 38.000 bushels; oats. 3.122.
000 bushels. Canada contributed 2.655,000
bushels of wheat and 2S6.000 bUBhcIs of
corn.
LONDON 'CHANGE MAY OPEN
Trading: Brisk and Brokers Expect
General Resumption Within the
Next Month.
LONDON Sept. 14. A member of the
London Stock Exchange Commltteo said
today that the reopening of the exchange
i was possible within a month. Throck
morton street was very optimistic and
trading In securities was fairly brisk.
The Edinburgh and Glasgow stock ex
changes purpose to co-operate with the
London exchange In arranging remaining
commitments at the prices at the close
of business on July 30 or contangolng at
8 to 10 per cent, with funds supplied by
a representative body of the leading
members.
Hates for bills were easy today at 3'i
per cent, and upward, against 3L; to 3
per cent, on Saturday, notwithstanding
that there will be Issued on Wednesday
13.000.000 treasury bills. Call loans were
2 per cent.
CHICAGO GRAIN PRICES
Quotations for Cereals and Provisions
and Fluctuations.
CHICAGO. Sei t 14. Thf quotntlonn for
grain and pn.l,lon today Wfre:
lallrc futures. Saturday'
Wheat ODn. Hlrh
S,nltrnhr ... .. ...
December 1.HW4
Miy 1 18
corn inew qeijverjv,
:epiemi.er
1.1014
1 wl
Low. rlnaw
1 OKI,
1 00 t IS'!
1.15H M 20
come to those who have cap
ital. Start an account in our
Savings Department
and be ready to take advan
tage of special offerings that
may come in the next few
years
3 per cent. Interest paid
Two weeks' notice to draw.
Corn Exchange
National Bank
Chestnut St. at Second
Philadelphia
Iif-rtmber .
&:ay
run
Fpimi!er
He. ember .
Mav . ...
l.arl
Sciiiembr it tober .
Jinuary .
Iltli-.-
itember
' . tobr .
Januarr .
Pork
September Jnnuarv
Hid tAikeJ.
77H
73'
aH
471!
.W
83
774
4'l
son
0.27
8.7s
...11..1T
...10 62
10.60
11.3T
10 75
II 21
0 73
1137
10 0-
7$H
75S
47',
t'.l
54',
003
l 15
0.52
17 75
11 31
10 67
'.'.'.'.zo'.ih ib'Yz
2023 12030
CHICAGO HOG QUOTATIONS
CHIrOf. Sept. H. Ettlmated recelnta
Horn -yi.Ofi). left. 2601, eitlmated tomorrow'
15'i. lion and ."c. to 10c loer than Hat.
urday' iru bulk of prlrej. tstuavi.i
lUltt JS 7n0 0 inlied and butcher1. -jo
tj'J.40. i.ne fancy Joa.l mixed anil butchers'
early, ri to. heavy. IS Witt IS. rough Vea.j.
M toflS.M. yorker, lU.Ofru (0, nlgi, ji.tsw
8 2S.
ANNOUNCES OIL CUT
INDEPENDENCE. Kan.. Sept. H.-A
cut of 10 cents a barrel to 65 cents In the
price of niltlcontinent crude oil has been
announced uy tno J'rairie uu anu uas
Company.
RAILROAD EARNINGS
Grand Trunk system, first week In Sep
tember, total jrross, $1,000,113; decrease,
$11,1 K, from July 1. gross, $10,663,870; de
crease, $029,705.
1'hlenK" and Alton, last week In Aufiust.
sross, S407.1P7: decrease, $71,031; from July
1. nross, $2.r.9l,'.IS; decrease. $225,201.
New York, New Haven nnd Hartford,
July operating revenue, $.".753,633; decrease,
$SS,302; net Income. $337,63.'; Increase, $70,
061. Illo Grande Southern, first week In Sep
tember, uross, $10.86fl; decrease, $1268; from
July 1, cross, $106,370; decrease, $18,023.
Toledo. Peoria and Western, August
cross. $117,221; decrease, $6360; net. $28,211;
Increase. $S4S2; deficit. $10,900.
Tcxa3 and Pacific, July cross, $1,473,202;
Increase, $6S,4S9; net, $323,233; Increase,
$16 117.
Central New England, July operating
revenue, $276,993111 net deficit. $21,578.
New York, Ontario and Western, July
operating revenue, $992,561; decrease,
$15,736: net, $236,006; recrease, $2S1.
Missouri. Kansas nnd Texas llrst week
of S.'ptpmber, Brosi, $371,700; decrease,
$17,318. fiscal year, $5,978,655; decrease, $.'2,
511. I,ou!sl!le and Nashville, first week Sep
tember, cross, $1,070,000: decrease, $117,773;
from July 1, $10,678,208; decrease, $666,784.
LIVERPOOL COTTON
I.lVKni'OOI,, Kept. 14. Srot cotton, un
chanEc'l Import!, 1000 bales. Including 11174
bales American
PETROLEUM
Oil. CITY, Pa.. Sept. H.-Crertlt balance.,
$1.45 run.. 44,2:11 mcrage, 81,421. ehlpmenu,
72,144; aeraie, 67,427.
National banks of tho country are
among tho most conservative purchasers
of securities. Their directors conaldor
wisely and well before they invest the
moneys Intrusted to thorn, nnd It Is ap
parent that any security which they pur
chaso must have behind It, to a marked
degree, tho safoty nnd conservatism
which characterize tho conduct of tho
banks themselves.
It Is Interesting to noto what the na
tional banks havo been doing In tho last
few years along tho lino of public utility
Investments, Flcurcs compiled by tho
United States Comptroller of tho Cur
rency establish tho fact that tho only
securities In which thece banks increased
their holdings In the InBt tlvo yenrs wero
thoso of public service corporations.
Thcro was n consistent Increase each
year until 1913 tho last figures avallnblc
when the percentage reached 13.4 per
cent. Railroads aggregated S3.S per cent,
of tho bank holdings In 19M; In 1912 they
had decreased to 30.1 per cent, and last
yenr they represented only 2S.3 per cent.
I'nlted States bonds icprcscnted 17.2 per
cent, of tho holdings In 1909, but by 1913
they had decreased to 15.2 per cent. State
and municipals decreased from 23.7 per
oont in 1909 to 15.2 per cent, in 1913. Theso
figures represent percentages of th total
Investments.
Tho principal reason for tho Increased
popularity of public utility securities Is
tho fact that they combine safety of
principal and Interest with attractive
yield. It costs moro to live these days
than It did ten years ago. The conso
quenco Is that tho Investor, to meet tho
additional drain on his Income, naturally
turns to Investments In securities which
yield the largest return and are, at the
samo time, safe nnd conservative. Cap
ital flows Into Investment channels where
there Is tho greatest return, founded, llrst
of all, on stability. High-grade publlt'
utility bonds offer these Inducements In
a marked degree to prospective Investors.
The report of the Interborough Itnpld
Transit Company for tho year ended
Juno W, 1914, makes a favorable- show
ing. Passengers carried Increased 17,070,
155; gross earnings Increased $1,017,523,
Bath. N. T wants to build n $30,000
municipal light plant. The plan Is being
opposed by the Hath Gas nnd Electric
Company nnd the Empire State Gas nnd
Electric Association.
City Solicitor of Toledo, O., lias been
directed by the countv to produce "con
rrcto objections" to the complaint of the
Toledo Railway and Ilght Company
against the enforcement of the three-cent
faro ordinance. The company says it
hns lost mi average of $1000 a day since
March IS, when the fare ordinance be
came effective, through Its refusal to ac
cept three-cent fares on Its cars.
The Arkansas Light and Power Com
pany has been Incorporated at Little
Kock, Ark., with $630,000 capital, to build
and operate power plantt.
Commonwealth Power, Railway and
Light Company, one of the lnrcest pub
lic utility holding compnnles in this coun
try, gained 6.3 per cent. In gross, 7.1 per
cent. In net, and 7.3 per cent. In balance
In the 12-month period ended July 31 List
Gross earnings of the company for Julv
Incre.iFed 3.9 per cent., and net gained I
9.6 per cent. The company operates In
Mlchlc.in. Illinois, Indiana, Ohio and Wis
consin. K. W. Clark & Co., of this city,
nre associated In Its management.
Lehlch A'nlley Railroad has petitioned
the Public Service Commission of Now
York for pormlsslon to discontinue pas
senger service on Its branch line from
Geneva to Sonecn FallB, through Water
loo. Attorneys for the road declare that
average passenger tecelpts were only 16.6
cents a day, only ono passenger being
canted, nnd that operations were at a
net loss of $1.91 dally. Hearing on the
cose was adjourned until next Friday,
n " . .""" 'i . . .-
III " 1 ""1 j
1327 Spruce St. 1327 Spruce St. !
I '
II i mammmmff
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j IflKllhk, Fireproof
ipfcfliBB Construction
'ifllKiH
W'JkWbwM shhIihIhJ" IBBWBS-J
:i.ffiiPRWl Housekeeping
;pi-iij-fp- Apartments
i4iS(Bro!WfciWnmS I AU Outside
:MMfmKSmE3MmM I Rooms
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HI MjjjK8MiJgKPJyBpagjaM 9 Apply on Premises t
kHtiHVHwBsieWHMMiH I or to '
TNScllaiwiHKUHJIiHKiVI Apartment Bureau
f- BUlltt '' 71 i ' miMlffi 1 lilt
'Ir )', , .,- X; x j'iL!:x -.-:j. i directs
GERMAN BANK STATEMENT
The Rank of Germany today Issued the
'following statement, as of September V
Bullion bank certificates and notes, de
creased. $5,078,000; gold Increased $23,619,
0X; loans Increased $3.SS3.000; discounts
nnd Treasury certificates decrensed $70,
29S.000; commercial paper decreased $16..
621,000; notes In circulation decreased $1)6,.
Wf.OW; deposits decreased $22,355,000.
APAIITSIENTfl
THE HAMILTON .,??.!?
One unfurnlnhed opartment.
4th floor, wett elde.
0 rooms anil bath.
Option on rental of sarase.
Apply to Janitor.
ST.
nn.ii. nsTATE
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nnw. nsTATn
oniiMiNTowsr
immmmmmMmmmmmmmmmmmumammmAmammmmmmmm
Northeast Corner Broad and Spruce Streets, Philadelphia.
Fireproof Construction
.mnypartmetttS! Select
Suites Facing Broad Street Southwestern Exposure
Permanent or Transient Terms
(Bait
Beautiful Roof Garden for Guests. Banquet Hall
and Parlors for Dinners, Receptions. Dances, etc
ARTHUR F. HEEB, Manager.
Wj&&ffi&lz&F iM j ,-
v tffi jMflD.iri'rriii.rii - jiSiiuMPinuiPTjJMBjiitwBMBB.1
I T -
h TJOT(-T7 Tn RTITT P.VF.RV PIIRRE
$2200, $2400, $2550. $2600, $2700, $3700, $6850 it
Ji Riir.lv ni,e nf these, new homes will fult jou All well located an'l all have excellent il
-.... -.
iTanKii serine
iifrnni. nnrt rhpltrn ATnue. 3700 i Stenton lvrnue nnd fhnrcb Lane
- - "-... . . A . i
nt. V ft. K In. I)T IHl ft
T'n.tn ,iai. l Minrv 8 renins Latest
Jfl Improvements, square house, seml.detached.
porcnes noi-waier neai ; rietrinc mi k.
SJ Ba kitchen open fireplace hardwood floors;
fl It will pay you to Inspect. Germantown
4! and Willow drove cars over Chetten, Olen-
-i sHe cars direct to houses. nOHKUT
-? KIUJIOH lluliiler.
9230O IS 100 ?200
Modern two-story porch-front houses, a
rooms ami hath, laundry In basement. Con
venient to trolleys. Attractive proposition
for the homeseeker or Investor. Transfer
over Chelten avenue (Itoute 75). Get off
Church lane. 2 blocks east.
N, Y. WHEAT MARKET
NBW TOKK. Sept. 11 -Wheat opened 2'ic
to 4o lower on repeated succesies of the allies
In Kurope and larse receipts of spring wheat.
At points there was heavy general selling by
longs Corn was He. to He lower.
CRUDE OILS REDUCED
FINDI.AY O. Sept U -A reducilun of Tk.
per lrrel in the price of all i rude oils uas
annoum.'l i la by the Ohio ull I'ompany
nmiiENos
E W CLARK i CO Rankers.
Ofllco of TIIK COLUMIIIIg H.1IHVAY
Preferred Stock Kerics A. tllvldeod No. 8.
Columbus, Ohio, September 10, 1B14,
The Board of Directors of The Columbus
Railway, Power tc Light Co. has declared the
regular quarterly dividend of One and one.
half per cent. H4K) upon the Preferred
stock Series A of tho Company, payable
October 1st, 19M, to stockholders of record
at the close of business September lCto. 1911.
Checks will b mailed
1 V Ht'Rl.NilTOM Pecretary.
.t.NNl.H. MKKT1NGH
KTIIK FERN ROCK H. . U .tSSN.
- The 23th Annual Meetlnr of the stock
lioldera will be held Tuesday Eve., hept. 15,
t 8 o'clock, at 120S Arcb it, for the election
of Offlcers and Directors and to receive the
annual report, a new eene or etocK win be
Hmlrn Rrlnvr Upnal St., 08.10
Three-story stone semi-detached dwell
ings, containing 11 rooms, Including 2
baths. Detached porches. Lots 32 feet
front. Hot-water heat; gas kitchen, hard
wood floors: tile hath. Excellent
I.ntrer .t OkoiiU Ave., 2,150 o 27(M)
Take fiermantown Wayne avenue or
Willow tlroe car trnnsfer over Chelten LJ
avenue or nienslde tar direct; get otf ft
Ogontz avenue. Modern two-mory porch-
front houses, hot-water heat. Ran and elec- jr,
trie: hardwood floors Lots 10x87 Terms h.
tn suit These houses are worthy of the n
ronslderatlon of the home seeker or In- i,"
vesior.
Sample Iloucra Open. If It' In Rrrmnntorvn, naif or rent, vre have It luted, if
J. H. CHADWICK & CO., 5618 Germantown Avenue I?
ityvyyyfyyyyyry
1 luutt No entrance fee. , I ON IMPROVEMENT LEA83
JOiUJ A. BUXVBtt, &intJi.j, I 83!) . 13ti, lot 111 ft. W tx street.
ARTHUR IIOhWEM
No. tS3 (formerly 211) North 13th at.
OARAGE
Now building RUMS. 3 sireet fronts, suitable
nrvUti depart nent or naragc.
RBl'AUt hllOl'S
32T N. 13th at . ISx.vj. with upper rooms.
132:1 Quarry (13th and Bacej. 2-tory building.
FLOORS
Large, well-lighted floors, with power and
live steam Very low rent.
223 N. 13th St.. upper tloore. ITxOO.
218 N. 13tl st., third floor. 17x76.
FILM EXCHANGES . ,
lilt Vine st. (cerner)- recently modernized.
122i) Vine at , 17x83. to rear street.
1309 Viae st , now building, 16x80.
CENTRAL STORE
1022 Walnut, attractive front, large rooms.
fcTORES WITH DWELLINGS
Itio Race st.. will Improve.
21.0 N. nth tft . SID.
1240 Vine St.. Jt7.
.0 a 4th t.. cealy nnovateJ.
iio W. Thoaipsou. with auble, tath, etc.
211 N. 12tb suit tailor.
07 N tb. suit lodgere, etc.
11 ALL STORES
9?1 M flth .AM luzss.
IU N. 10th, well lighted: low rent.
if"
C. W. Gabell, Jr.
514 Walnut Street
Real Estate
and Mortgages
TWO BIG BARGAINS
I100O- Rented at $n. T rooms, every con.
venlence. No 2U.')2 and 29S4 N. Itb St
Not more than 14300- No. 3830 N. 13th St
0 rooms, porch front, hot-water neat.
W. H. HOOD, 612 Norm Stre
.slgeilseK "
The Warwick
APARTMENT
HOUSE
(FIREPROOF)
190G-8-10 Sansom Street
(Extending Back to Moravian
Street.)
Housekeepinpr Suites with all
modern conveniences for house
keeping, including abundant
itipply of hot water.
Apartments equipped with
gas and electric light (private
meters).
Excellent caterer in building
Arrangements can be made
or care of apartments.
Meals served in dining room
nr in apartments.
Elevptor rtitis all night
Rentals, $500 to $800 per year
Whiteside & McLanahan
Agents
' 15th and Pine Streets
Estates Managed.
Rents and Interest Collected.
Wills, Deeds, Mortgages, etc., Drawn.
Fire Insurance
Conveyancing.
Notary Public.
.trceiyL.
MORTGAGES A SPECIALTY
Samuel H. Chestnut
Bell Telephone, Spruce 5864
1510 Chestnut Street