Evening public ledger. (Philadelphia [Pa.]) 1914-1942, September 15, 1914, Night Extra, Page 7, Image 7

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    3
EVENING LEDGER-PHILADELPHIA TUESDAY, SEPTEMBER 15, 10T&
f.
EDUCATION TOUR TO
AID FOREIGN TRADE
PLANNED BY ROAD
Lchigh Valley Will Send
Experts On South Ameri
can Business to Manufac
turers Along Its Line.
! TOItK, Sept ii. Ths Lehtgh
vllv Hflllroad Company has mndo up
Id mind that If the manufacturers along
l line do not boneJlt by the trade op--.-...iHa
nt the United States In South
America and other foreign countries It
will not be IU fault
Within 1118 UKAl WU U0 OJJC1.1UI
1..1 trill leave una city, un uuaru
;L. ,riil be men thoroughly versed In
south American trade requirements.
This fpeclal train will stop first nt
v..tnn. Pa., and thoro tinder tho auspices
JJUO.V. nM HH .
of the c.nrimoer ul uiuiiien.u i ouuiu
other association of business men the
X!iratlon will explain Just what South
America wants, how It wants It, when It
wants It. how It wants It sent and how
It wants to pay for It.
FDtlowlns tho mooting In Easton tho
train will stop at Allenton-n. Dethlohem,
'Wllltes-flarrc, Plttston, Scranton, Blng
hamtoti, Klmlra. Ithaca, Gonova, Auburn
fon a branch lino), nochester, and the
tour wm ena nnauy y.h. t ..inuaic. mcof
i. nt Buffalo.
The railroad company was led to foster
the campaign because figures show that
In the cities along Its route manufac
turers produce "6 per cent In variety of
the goods required by South Amorlca.
With anthracite coal out of considera
tion 'the road goes through a country
which produces BO per cent, of the cement
of the United States Just now engerly
lotight by Lntln American, countries. It
produces also Iron, stoel, woolen goodB
end silks, agricultural and other machin
ery, tools of all kinds, paints, railroad
Mulpment of all kinds, from tracks to
locomotives.
Tho one reniuro wmen oouui America
has moat needed Is facility for bringing
Its products to water's edge. Steamships
to carry Its mcrchandlso to any part of
th. wo-ld are, under normal conditions,
plintlf::!. and tho world desires Its nat
ural nroducts. Its wheat and corn and
meats and hides, and cofTeo and cocoa,
atid Jbber and tin. The domand for
rullwny materials used In tho process or
Increasing theso facilities formerly was
suppled by Germans, Belgium, England
and Frtnce. N'ow tho .manufacturers of
the United States will have to supply
then.
ATTACK GRADE CROSSINGS
lower Delaware Citizens Begin Agi
tation Following Barnard Death.
DOVER, Del.. Sept. 15. Elimination
of grade crossings In towns In lower
Delaware Is being agitated today as the
result of the accident In Wyoming late
yesterday afternoon In which former
State Senator Hansen C. Barnard, a
wealthy canner, was killed when an ex
press train crashed Into an automobile
he was driving.
Eleven persons havo been killed In five
years at the crossing where Scnotor Bar
nard met death.
Friends of Senator Barnard this morn
Inir, as Coroner Willis Impaneled a Jury
for the Inquest, declared they would
seek to have a bltl Introduced Into tho
General Assembly next winter to com
pel the Delaware Railroad to eliminate
the crossings.
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ISSUES OF MUNICIPAL
BONDS ARE HARD HIT
BY WAR IN EUROPE
August Sales 50 Per Cent.
Lower Than Previous
Month Many Offerings
Postponed and Bids for
Others Rejected.
Wke the markets for other securities,
the municipal bond market shows tho
effect of the European war. It has been
almost deserted by dealers, and since the
closing of the Stock Exchanges on July
30, offerings have brought unusually low
prices.
Many municipalities were forced to post
pone their offerings, others rejected bids
as unsatisfactory, while In ten Instances
no bids at nil were received. Bonds on
which no bids were recorded totaled
$2,219,000. This, too, despite tho fact that
the Interest rates carried by the proposed
Issues ranged from 4 to fi',4 per cent, un
usually attractive rates for municipals.
Nearly alt of tho Issues that were sold
during themonth of August were taken
by banks In the individual communities
or by private investors. Prices were
usually at par. regardless of the Interest
rates, which have been exceptionally high,
In most Instances.
For tho month of August the total sales
of both permanent and short-term bonds
by states and municipalities amounted to
: $18,901.3, against M,92C,B7 In July, a de
; crease of nearly CO per cent. A little moro
than half of this total Is made up by
the sales of permanent bonds, the total
for tho month being $8,673,412. This Is the
smallest record of any one month slnco
April, 1903, tho amount for that month
having been $8.199,3H.
Th long-term bonds reported sold In
July totaled $,11,280,921; In Juno, IUM,49S.
and In August, ISIS, $19,192,732. Of the
entire amount of $10,227,953 temporary
loans in the month $9,202,953 Is accounted
far In the short-term financing of New
York city. For tho eight months" period,
ending August 31, tho nggrngato sales of
permanent bonds was $358,88i,268.
No bids were received for scheduled
offerings nf $210,000 Columbus, O., School
4Ws: $-'00,000 Hamilton County, O.. 4Ui;
$41,00) Sandusky. O., 4s; $75,000 Dutler,
Mo., Bs; $87,000 Los Angeles County, Cal.,
School Cs; $100,000 San Diego, Cal.. Bs:
$18,000 South Amboy, tt. .7., Rs: $31,000
Watertown, Mass., 4s; $60,000 Tnnkton, S.
15.. Bsi and $000,000 Wyandotte County,
Kan., bridge bonds.
Announcement was made In Washing
ton today by Secretary of War Garrison
that tho offering of $2,400,000 4 per cent.
Porto mean bonds, bids for which wore
to have been opened today, hn.s boen
withdrawn. The hlds which had been re
ceived were returned unopened.
City Controller Pnrmly, of Newark.
N. J., hn placed with bonks and com
merclai Institutions temporary loans nU
gregatlng 6 per cent, interest, as follows
Chase National Sank .....i......l,0K.r0O
Dond ft Ooodwln, ...,,... 170,000
Commerolal Camialty company. ...... fo.ooo
Huntington, h. ! Rank ....... ZK.oml
Irving National Jlnnk .......it. ft.wii)
IL 18 Antbey. ........tt...... POO.OClJ
BULL MOOSE COMMITTEE
TOMEETATHARRISBURG
Substitution of MoGormlok for Lewis
Ib Expected.
HAnRISBTJRG, Pa., Sept 111. Members
of the Washington Party State Committee
and other lenders of the Bull Moose herd
seem to be In no hurry to come here for
tomorrow's meeting of the Stata Commit
tee. Nona Is on the ground today and
none Is expected until tomorrow morn
Ing, with possible oxoeptlonn In ths cases
of membors from distant counties, who
have to come today to make sur of bslng
here.
State Chairman A. Nevln Detrloh ho
reserved his usual headquarters on the
second floor of the Bolton House, but no
other reservations seem to have been
made. Detrleh has wired that he will be
here tomorrow morning.
Tho west end oontlngent Is expected to
come over on a night train and the Phil
adelphia men will arrive late tomorrow
forenoon.
Substitution of Vnnce c. MeCormlck. for
Governor In place of Dean Lewis Is con
fidently expected, and tho returns of the
Maine election have not tended to ltssn
this belief.
DANZIG, THE CITY OF HOMES, THREATENED BY RUSSIANS
This city, one of the most beautiful in Germany, is now reported to be invested by a Russian army. The photo
graph shows one of the qujet streets, the Fradengasse, with the Maria Church in the background.
SHOT AT FRIEND'S CHABOE
Comploinanant Says Attempt on
Xife Followed Bemonstrance.
Jamc Sullivan, 23 years old. of 4074 Wal
lace Btreet, was held In $S00 ball this
morning, facing a charge of assault with
vi."l.tH0.k111' Preferrel hy William J.
Mitchell, M years old, of S23 Lex street.
Bulllvan. It Is nllrirori ... . ... .
n i t.. . -n- .w quarrel
JUl nlgnt In a nnlnnn laf, wHl, .u.nn..
oi revenge and purchased a revolver In
reatby pawnshnn. Minhn d.,iii.,
jj ... - .. .r ...v..., uui.ix.u o
..isi.u. ouspeciing the man's purpose, says
ne met him at the corner of Proston and
Warren streets nnrt rnm. ...., ..iL
ii . .... .miMiioumcu wun
"..... ,..:roupon Buiitvan drew tho re-
SssRl "r1d nt MltchcU- The b"et
?lnd U',mark nn crashed through tho
odm,iu 1 n crowd6(1 Poolroom on tho
of men. narrowly mwlng a num-
THE WEATHER
Official Forecast
.u!"".rh,,l2(1(,phla an(1 vicinity: Generally
han'rRh! and w0nesdayi not much
mosM"rnLlmi?raiura: mw,e"e winds.
We 18 For further detalls' bee
WEATHER CONDITIONS.
rlh,C.rj'Urn a.roa of nBh barometer has
t '4 hours, but has decreased Bllghtlv
LV,?TL Ffllr weathei- continued n
S2dJitaM Cl" U1dcr lts Innucnce. vitl no
?..? Ci"""Jfl ln tf,"Terature. Showers
l'h,U"?""s J.?ve continued in the
;""" a"u upper Mississippi vallev and
indw"" Prt,0n or the Lai" MBU)
M4 havo caused n moderate decrease In
pSIauZtrtr, RoCu7 Mountaln and
jKtwau districts there has been a decided
U. S. Weather IJnreau Bulletin
Tamp. L4tPIuS;: V,' "
!SSft 2. .? tV "?" &w,h
S?.,rBi D, 40 89
SOUTH AMERICA
AND CANADA AWAIT
OUR TRADE INVASION
Philadelphia Merchants and
Manufacturers Organize
Committee to' Extend
Markets in Foreign Field.
Bnf.7.," tr'U" V P4
o. III.. ... fo 76
!J. Ohio. 04 B2
u tb, Minn. . . 2 t(
Huron, B. D.... a u
SPy.! Tnn., 70 70
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i" Cloudy
5 Qear
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10 tioua,
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4 Cloudy
14 Cloudy
8 Clear
8 P.cloudy
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neprnscntatlve Philadelphia business
men nnd manufacturers have formed a
committee to work with the Commercial
Mureum for an Invasion of the vast trade
llelds opened by the European war. Or
ganization of tho committee Is the first
step taken ln Pennsylvania toward open
ing the South American markets to Penn
sylvania manufacturers.
Complete Information relating to the
Pouth American trade field will be fur
nished by the Commercial Museum, which
Is prepared to point out profitable South
American markets for every sort of man
ufactured merchandise. Dr. W. P. Wil
son, director of the Museum, has offered
me committee tno unrestricted use of
tno l-orclgn Trado Bureau.
Prominent members of the committee
are Alba XI, Johnson, of the Baldwin
Twocomotlve Works: A. T. Freeman, of
John It. Stetnon Company: Henry T.
Pierce, of tho Barber Asphalt Paving
Company: Edward Roberts, of Henry
DIsston & Sons, and Charles 6. Cahvoll,
of tho Corn Exchange National Bank.
"Made In Amorlca" merchandise will
find an eager market In Canada, accord.
Ing to Iiudley Bartlctt. chief of the
Foreign Trado Bureau of the Philadelphia
Commercial Museum, who says American
manufacturers will profit by tho Canadian
Interdiction of Importations from Ger
many nnd Austria-Hungary. The Onna
dlan opportunity Is the direct result of
the war In Europe, Mr. Bartlatt says
urging Philadelphia manufacturers to
take advantnge of It.
"Canada Imported $16,000,000 worth of
goods from Germany and Aikih..
Hungary." said Mr. Bartlett, "and Rus
sia, France and Belgium sent in $;o,00O,O0O
moro. All these trade ohannela aro
effectively closed by tho war, but tho de
mand for ths Imports still exists. It li
hardly llftely that Canadian manu.
facturera at this time are In a position
to mako up the deficit This leaves two
alternatives Importation from Great
Britain or from the United States. It la
hardly reasonable to expect that British
manufacturers will be able to tak ad.
vantage of the present opportunity."
SHARP RECOVERY IN
GRAIN MARKET WITH
TRADING UNCERTAIN
Some Operators Look for
Good Rally, While
Others Fear Further Pres-
Receipts Heavy.
sure
?i " .. w in ?.;"..
NEWS OF THE PORT
oieamshtp, Arriving Today
FrSSScS.'gi-k !"". m.rch.nd.... Cn
Jor
V.
it
Clrfl. Norfolk.
Chart..
nurch.nd!..
Bteamships Balling
2;lon, (Nor.), luarietaw. fo
V.:
Unit
i'Kl;
Si1"
ft... :
PlM.
P. for Borton.
Steamships Duo
for Port Jln-
Mil. UP M"r. Qe.
Steamships to Sail.
S5!laL6.rturt.w
-gn4.
OPPOSES FREIGHT TAX
Chnraber of Commerce Committee
Makes Vigorous Protest.
A vigorous protest against the Impo
sition of the 3 per cent, war tax on
freight bills now being considered by
Congress, has ben made by the Freight
Committee of the Philadelphia Chamber
of Commerce, of which Coleman Sellers,
Jr., Is chairman. A telegram embodying
the committee's protest has been sent
to President Wilson.
A wide range of subjects was discussed
by the committee at Its first meeting
since the summer recess. Opposition to
Government ownership of vessels was
mado, while the proposed assistance to
any steamship lino to ply between tho
United States and South America was
indorsed.
The committee has demandd a per
sonal hearing before Consrusa to nm.
test against the Clayton bill relative to
exclusive agency contracts.
CHICAGO, Pept. IS. There was a sharp
recovery in wheat today with ortarlnss
light. Shorts and commission houses
.bought. December opened up one cent at
107 to 10G nnd May U higher nt 113. The
crowd was nervous, as there was great
uncertainty os to how much long wheat
remained to conio out. Sfntiment was
divided, fomo traders looking for a good
rally, while others feared further pres
sure. It was generally conceded that the
future course of values would depend
largely on the attitude of foreigners nnd
the extent of the demand from abroad.
Broomhall said that there "Was a. notlce
ablo Improvement In tho Inquiry on tho
recent break. IIo said, however, that tho
demand from France had been satlefled
for the time being. Spot wheat nt Paris
was easy and down H cent, but flour
there held firm. Arrivals of wheat at
French points aro large, and the prospects
are for continued heavy arrivals. Native
wheat is of good quality, and harvesting
nnd threshing results aro better than had
been expected.
There has been heavy rain In tho United
Kingdom, causing fear of damage, and
stomgo facilities nro inadequate. North
Africa yesterday shipped 200,000 bushels
of wheat to tho I'nlted Kingdom. Tho
stock of wheat nt Liverpool Is 4.200,009
bushels, an Incronse of DM COO tiushcls for
the week. Receipts at United States
points were again heavy, but rains In
the Central West are against the movement.
Arrivals nt Minneapolis and Iuluth to
day wero 1297 cars, ngalnBt 1107 cars a year
ugoi at Winnipeg, 1291 cars, against SIB
cars a year ago; at Chicago. 710 cars,
against 202 carti a year ago. The visible
supply In the United States Is 31,781,000
bushels, an Inorease of l,76fl.O0O bushels
for tho week. The weather In Argentina
continued fine.
Corn was stronger on light offerings.
Thero was. buying by commission houses,
which considered yesterday's decline duo
largoiy to the Creak In wheat. The mar
ket at Liverpool was heavy on free plate
offers nnd shipments from the Danube,
The visible supply In the United States
Is 6,653,000 bushels, an increase of 615,000
bushels for tho week. The receipts here
today wero 309 cars.
Oata also moved upward on small offer
ings. There was a good cosh business
with good bids hero at workable, limits.
Cash houses were the best buyers. The
visible supply in the United States Is
S3.765.000 bushels, an Increaso of 2.810,000
busheln for the week. The receipts of
oats hero today were 604 cars.
WAR RISK BUREAU
TELLS OF CARGO
INSURANCE PLANS
Rates to Be Determined by
Nature of Shipments and
Dangers Involved in
Reaching Foreign Ports.
Instructions were received ln this city
today from the Federal War Risk In
surance Bureau, operating under tho
customs' branch of tho Treasury Depart
ment, covering conditions under which
tho bureau Is to Issue war risk Insurance.
Tho bureau asks that all applications
for Insuranco of this sort be directed to
It at Washington and that the necessary
policies and forms will be ready for dis
tribution ln a few days. It Is announced
that tho Government does not plan to
complete for wnr risk business with the
marlno Insurance companies, but that It
will take cither excess lines or part of
any war risk.
underwriters doing a marine business
"", uurauj- muorsca tno plans of the
new bureau. There Is a larco demand
for this class of business, becuuse of tho
war. Exporters havo found It dltllcult to
get enough Insurance to cover their ship
ments, underwriters generally having
about all they can do to handle the regu
lar marlno business, aside from war
risks.
It Is announced that only American
mills and cargoes can bo Insured and
iimi me rates must be paid In advance.
The Government will be liable only for
the amount named In the policy and
there will be no provisional Insurance.
For instance, on a cargo valued at be
tween $15,000 and $20,000 the insured must
name $20,000 as the amount of Insurance
to bo carried. Should It t found, after
tho ship has reached Its destination that
the value of the cargo Is less than tho
face of the policy the bureau will pay
n return premium for the amount of in
surance In excess of tha nuliml vnl
The new war risk doIIpIps will ru. m
almost exclusively on the voyage and
character of the cargoes and the risks In
volved In reaching the port for which the
vessel Is cleared.
Tha naw fire Insurance company whloh
has been uggested by J. S, Frellng
huynen, O. V. Mesorole and other New
York Interests will shortly bo launched,
Recording to present plans. It is proposed
that the company will hav a capital of
J200.000. The capital has already been sub.
scribed and the company will he formally
launched as soon a.i thewe back of tho
project ore ready to begin actual busi
ness. As yet no namo has been selected.
. for LlvVrtS- .-r 17.
TO COMPETE FOR ACADEMY
Examination Will Determine An
napolis Appointments From N, J.
TRK.VTON, Sept. lfi.-A competitive
examination for all youth of the State
will be held at the Ratton High School.
Ellzalieth, next Saturday, beginning at
9 o'clock ln the morning.
The test will Ij for the purpose of
allowing United State Senator Martina
to make two elections for principals
and alternates for appointments to thj
Auriapalls Naval Academy from New
Jery. Senator Martina made this an
nouncement today.
VILLA SELLS BURROS
TO FRENCH GOVERNMENT
Will Be tleed Instead of Missouri
Mules to Transport Supplies.
KT. PApn Tex . Sept. 15 - More than
10,000 long-eared Mexican burros havo
been eoM to the French Government for
uso in the Kuropean war by General
Franclcco Villa. It was learned hore to
day. The anlmalj will be shipped at once
to Havre from Galveston. Thoy will be
used by the French array Instead of Mis
souri mulos, as the burros are found to be
chenper and as effective ln the trans
portation of supplies.
General Villa has sent 300 of his men to
round up sufficient burros to make up tho
shipment. There are thousands of these
little ttiiimals In the hills of Northern
Chihuahua. They will be rushed to Gal
veston ami loaded on transports. It Is
Bald General Villa considered the order a
joke until he was offered (5 each for tho
burros. The proposition appealed to him
and he directed hU brother, Hlppollto
V11U. in Juarez to sign the contract
fmmmmm
FRESH PAINT I
Beleve Mem
ine amerence between a house and
a home is often only a matter of
Paint I
And the difference between fine work
inanship, good paints, prompt service
and satisfaction and the other kind
of a job is simply a matter of
Kuehnle
Painting and Decorating
Qtt Our Ettinatt fir.t
Both Phones 28 South 16th St.
Store Opens 8.S0 A. M.
WANAMAKER'S
Store Closes 5.80 P. M.
i
MMIMIlMMlMtMMMaMiaasMaMsMMetW
W
1
1:
Grand Organ Recitals 9, 11 and 5.15
AKER STORE
WAMAM
Aoooiuiinices for Tomorrow
The first great Aotmumiini sale of hosiery and us nder wear
many thousand pair of hose and pieces of onderwear
' in both Fall and mediiani weights at prices
averaging one-third less than mstmal.
(Eaat Aiale and Subway Floor)
A special collection of yotung women's Amtumn sasits and
new afternoon dresses to sell at $S3.7 each.
(Second Floor, Chestnut)
A showing of new imported broadcloths to be used for
coat suits. These are in OS different shades; a
collection not likely to be duplicated or equaled.
(First Floor, Chestnut)
ri
Wig'.
i-u
First showing of lutein! ' new tweed hats
Bennett, London.
(Main Floor, .Market)
and cps from Lincoln
Last showing of the Callot gown copies m the LiMSe Grey Scions
at II and 2.30
(First Floor, Central)
It
First shoving of the
new parisienne corsets for Fall.
conform to the new fashion lanes.
(Third Floor, Chestnut)
Tfeese
Opening up of the new marabou and ostrich boss. Thesg pretty
things include many charming novelties that
every woman will want to see.
(Main Floor, Central)
A little special sale
$3.75 and $9
of a hundred new e4 qyjjfcg at g2t75,
New blankets in the ggme pJage.
(Fifth Floor, Market)
I
Showing of complete assortment f finest new Mmlish mli'mss
for gentlemen's wear, in the London Tailoring Shop,
(Subway Gallery, Chestnut) "'
Opening up of the new Autumn silks in the Lower Price Stoi
slIScs arranged in dress lengths
at low prices.
(Subway Floor, Chestnut)
JOHN WAMAMAKE
i- i;
h -.:-. tw
Ii.i3'.i
!ft
tow t' 1