TVHr;w,rrf''
rm
a
EVENING TTranTOn-PHlCADEEPflia:, EBIDkY, SEPTEMBER 25, JOl'-f.
13
Hnancial and commercial situation at home and abroad-market reports
WAR WILL LEAD TO
EARLY DISSOLUTION
OF STEAMSHIP POOL
English Interests Ate Ex
pected to Ask U. S. Court
to Formally Declare the
Agreement Abrogated.
The Tlmopean wnr nltuatlon may lead
directly to a complete dissolution ortho
North Atlantic steamship pool, , which
lias evlsted for many years between the
principal Knglhh nnd German steamship
lines operating between this country,
Canuli nnd Uuiope. Tho basts of Oper
ation of tho pool was an agreement
whereby each of the lines affiliated with
It waH allowed every year a certain nl
jotme it of tho totnl steerago travel on
the North Atlantic
It Is understood that because of the
txtiemo bitterness which now exists be
tween the English and Germans, tho Eng
lish numbers of tho pool will make an
agreement with tho United States Gov
ernment to have dropped by It the suit
recently brought under tho provisions of
the Sherman nnll-trust law to dissolve
the combination A consent decree will
prob-iblv bo entered In tho Ignited States
Supreme Com t which shall enjoin tho
English lines from entering nny future
agreement with German steamship In
terests covering octan passenger tralllc.
This action may bo taken within tho
next two weeks by counsel representing
fame of the Kngllsh lines.
Under tho terms of tho agreement,
which was mado In London In 1001 the
various steamship companies afllllated
with the pool were nllottcd percentages
of tho total steerago tr.ivcl on the North
Atlantic as follows:
Westbound, Allan Line, .62 per cent;
Anchor Line, 3-10 per cent.; Cunnrd Line,
13.7i per cent.: Hamburg-American Line,
19 Gl per cent.: Holland-America Line. 6 03
peremt.: North German Llod Lino, 26 VI
per cent., Red Star Line, D.71 per cent.;
International Mctcantllc Marino Company
(White Star), S GO per cent.: Ameilcan
Line, c 6S per cent., and Dominion Line,
4 47 per cent On oastbound traffic the
allotments wero as follows: Allan Line,
4M per cent.; Anchor Line, 3 93 per cent :
Cunard Line, I'J.77 per cent.: Flume
Trlcste Sen Ice, 2 33 per cent.; Hamburg
American Line. 12 33 per cent ; North Ger
man Llnjd, 18.79 per cent.; Holland-America
Line. 6.10 per cent.; Hcd .Star Line, 8 53
percent.. International Mercantile Marino
Company (White Star Line), 15 19 per
cent , American Line, S.72 per cent.; Do
minion j-.ine, 150 per cent.: Canadian Pa
cific Line, 4 40 per cent.
BANKERS DENY THERE
IS ANY MONEY HOARDING
Wiro Secretary McAdoo They Know
of no Extortion.
WASHINGTON, Sept, 2S.-Donlal that
tho banks of the oountry were engaged
In hoarding money nnd "refusing credits,
came from four directions today In an-
swer to Secretary of the" Treasury Mq
Adoo's telegram of warning sent Jes
Icrdny. Telegraphic responses wero re
ceived nt the Treasury from Ohio. Ore
gon, Alabama nnd Connecticut. In each
case co-opcrallon with the Government
to prevent extortion or extrcmo conserva
tism was promised.
IJmory Lnttcnner. of Columbus. Super
intendent of the Ohio State Hanking De
partment; S, G. Sargent, State Super
Intcndent of Hanks of Oregon; A. E.
Wilker, State Hank Superintendent of
Alabamn, and Trcdorlck P. Holt, State
Hank Superintendent of Connecticut, all
promised to assist tho Federal Govern
ment In every way possible. Other re
plies are expected during the dnv.
Tho State officials declared iiey had
no knowlcdgo of e"'',,",,en by tho banks
In tho matter of Interest. They also de
clared their Ignoranco of any attempt pn
the part of tho banks to withhold ad
vances to those who applied to tho banks
with safe collateral.
CLAFLIN CREDITORS
HAVE FINAL PLAN
FOR REORGANIZATION
RAILROAD EARNINGS'
WIU'BMKO AND LAKE EME.
1014. Decren-e
Mii?ut gross ...... ffil0,l)41 -.20(1407
Not 140.481 01, 218
Two month-' gross . 1,047,014 1516,110
Net 202,783 123, 80J
Mtssoum FACinc.
Third week Sept. .. $l,1M,00n JH7.000
1-rom July 1 . 14,000,011 230,200
LEHIGH VALLEY.
August oper. rov.,.. ?1, 770,140 1,10, 120
Net 1,281,021 28.8S0
Operating; Income.... 1,142,012 30.81S
Tnn month- opor. rev. 7, .112, 4 2" . 2.'i2,TCll)
Net 2,330,138 1IB.712
Operating income .... 2,001,000 127,031
CHESAPEAKE AND (JHIO.
Creditors Will Get 15 Per
Cent, in Cash and Balance
in Interest-bearing Notes.
New Corporation.
Third week Sept ?RU,M2
from July 1 0,057,700
increase.
centoaIi or OEOnOIA.
Year ended June .10:
Operating revenue 114,210,741
Net 3,4ffi,474
Surplus 101,012
$17.1.18
033,800
$3S5 870
01,114
112.42J
FISH BIT OFF MAN'S TOE
Roosevelt Tolls of Strange Creatures
Met in South America.
Weird stories of fish monstrosities havo
been told by many disciples of Isaak
Walton Ju this country; but It has re
mained for Mr. Roosevelt to tell us of
some finny freaks whoso performances
will want a. lot of beating.
During his lecture nt a meeting of the
Itnjtl ideographical Society on his South
American trip he related that ho camo
across one kind of fish, no larger than
n trout, that bit off ono of his party's
little toes, took a pleco out of another
man's leg and the tips off two dogs
talls-a titling companion, apparently,
to tho fish that went bird-nesting, drove
the mother bird away, and was found
wagging Its tall over the edgo of tho
nest while gobbling up the eggs.
Mr Hoosevelt also mentioned another
fish a nlno-foot cattish which was found
with a monkey Inside It. The fish. It ap
pears, had jumped and caught tho mon
kej when It had ell mod clown a branch
to drink Very extraordinary, too. Is a
horrlblo deep-sea angler fish, exhibited at
the ltojal Society recently Tho mouth
of this fish is so largo and its stomach
so dfetenslvc thnt It can swallow other
fish throe times Its own length Foitu
natel. It lives several hundred fathoms
below the surface of tho wnter. It hangs
over Its snout a lino and bait that ahine
llko ,i glow -worm and attract many In
quisitive fish.
DIVIDENDS DECLABED
T.ehlRh Valley Coal Sales Company, regular
quarterly 2'i per cent , pajable October 17 to
Block of record October 8
i
Penman?. Limited, regular quarterly Vi rer
cent nn preferred add 1 per cent on common.
I'referreil Is payable November 2 to stock of
record October 21. and common paablc No
vember lit to stock of record November 3.
Tonopah Mining Company, regular 21
r-rnt , riyiiixo uctoucr zi to stock or i
per
record
September ,"0.
National 1 (reproofing Company, regular
quarterly 1 per cent on preferred, payable
October IS to Mo-k of record October 3
EPISCOPAL LOOKS GOOD
Have Six Veterans Back as Nucleus
for Fast Team.
Kplscop.il Academy Is looking forward
to a very successful seuson In football
lids year .six veterans from lust jear'a
team have returned to bcliool, and ns
there U lots of good muterial to (111 up
the positions left open by graduation,
Conch Washburn should have no trouble
In turning out a good team. Tho six var
Mty men who nro back In school this fall
nre Captain Applegato. Stowiut, Bonsack,
HpuM, Ollmore nnd Earl
Some er piomlsing plajcrs are Diddle,
Cuplt. McCall, iMrp. I'ugh, Walton,
lonnsend and McElrnj.
The schedule Is as follows October 2.
Iiryn Athrjn, at 62d and Walnut streets;
October 9. Haverford. at G2d and Walnut
streets, OctobelK 16, Swnrthmore, at
hwarthmoio: o r 23, Chestnut Hill, nt
I -il and Wnlni "eets. October 30, St.
Lukes at Wa Xov ember fi, German
tnwn. at 62d and Walnut streets. Novem
ner 1.. I'enn fhartei. nt Queen lune: No
vember 20. rrlenda' Central, at 62d and
valnut streets,
COMMODITY KATES SUSPENDED
WASHINGTON. Sept. 2o.-Kre!ght tar
iffs of tho Atchison and other rnlliondi
proposing to withdraw the concentration
lates on eggs, butter and poultry at
Omaha and other Western points. wer
suspended today by the Interstate Com
merce Commission from October 1 until
January 21. Under tho proposed tariffs
tho rates on such shipments would bo 45'4
cents per 100 pounds Into tho concentra
tion point plus 35 cents from tho concen
trating point to St. Louis. The commis
sion will conduct an Investigation Into
tho reasonableness of the advances.
Soccer Xeaguo for Boys' Club
The Athletic Council of tho German
town Bovs' Club aro planning a leaguo
of soccer teams composed of boys aver
aging about 18 jears of age, who are to
pby their league games at night on the
club plaj ground which has been lighted
by electricity tn such a manner ns to
make tho plavlng of Boccor at night a
pleisure. The teams will be named after
tho various colleges. The managers of
thi Junior league teams aro ns follows:
I'ennsylvnnla, Larry John; Princeton.
Walter Dohertv; Yale, AVilllam Ward,
Harvard, Joseph Kllcullen: Haverford,
wuniiru uramie) ; Cornell, Hobert Cross
Dartmouth, Prank Ilea, Lafayette Is
unoui a. manager ami a volunteer
desired.
Is
FRANCE HOARDS FUNDS
? 100,000,000 Reported Held Small
Notes Issued.
H has been intimated that during the
month of August bilvnr coin to the
amount of JIOO.OOO.000. oi 2.000.0iO,000 francs,
went into hoard In Trance, says tho Wall
htieet Journal The difficulty of making
,0!? I 'h,n"RL' "'x10'' theso circumstances
leiiilted In issuing notes of denominations
.pi". d ,ha" franc to : rrancs each
nils fractional currencj Is undo ex
rnaneablo nt the Bank of Franco for
lirger hills If Suvcr currency in the
nn eountrlcs of Trance, England. Ger
man'., Austria-Hungary and Italy tied
into Hoard to jbout the same extent, then
as much as i200 0flflooo In silver alore. or
. .? iha 1uhllc rtebt of Ult United States,
must have dlsippeared In little more than
a month Assuming that as much gold
nnd silver 'went Into hiding, the rive coun
tries must have withdrawn from clrcula-
!.f jirJte b?nk ,1e"oslt a ramt total
of l COO.COO.OOO of metallic tunency
WONDERFUL SEWERS IN PARIS
Personally Conducted- Tour Made of
Two Mains.
The sewers of Paris, which havo suf
lered severely from the recent sOrms.
Ill ..'.' !nost wf"lorful In tho world, and
constitute one of tho sights of the city.
Vis tors are allowed to Inspect th-jn on
certain das each week, and It Is cer
tainly an experience to make a "per
tonally conducted" tour of the two main
ewer.
The journev 1h miirf. Mn .i..t..i a.
end launches, which draw up occasion
clly at brlb.lly.Uuailnatca taUon.
Nines to Play Off league Tie
Additional Interest la centred In to
morrow's play off for the West Philadel
phia Baseball League championship be
tween tho two tied leaders, Mt. Morlah
and Paschal!, by reason of the fact that
tho Vlctrlx Independent team has ex
pressed a desire to play tho winner for
the district championship. By mutual
agreement tho game will be played on
tho neutral Southwestern grounds, 67th
and Ulmwqod avenue, starting at 3 p m
.... .,.i....ia win o; i-ascnail, "BUI"
oung and Hartllne; for Mt. Morlah
Jake Hovener and Foley. Umnlies
Fletcher and Fltler. --ipiies,
HORSEMEN TO MEET
NfiW YOltIC, Kept. 25.-The annual
autumn meeting of the Meadow Brook
'Steeplechase Association, which takes
place tomorrow at Belmont Park Ter
minal promises to eclipse all provlous
meetings that have been held under tho
auspices of this association. Hunt meet
ings In tho past on Long Island have nl
was been exceedingly popular with race
goer, and aro alwas well attended.
MRS. RAYMOND VICTORIOUS
NBW VOmC, Sept 25 -Mrs. Cdwnid
Kavmond, the Middlo Mates champion,
defeated Miss Marie AVagner, the national
Indoor title holder. In the deml-tlnal round
of the annual women's metropolitan lawn
tennis chumpionshlp tournament yester
day by a ecoro of 62, 63. The match,
which took place upon tho clay courts of
tho West Side Tennis Club at Forest
Hills, Long Island, was witnessed by a
brilliant gallery.
Final plans for tho reorganization of
tho H. 1. Claflln Company, which re
cently went Into the hands of receivers,
have been completed nnd will bo pre
sented today for final approval by the
Merchandise Credltois' Committee, which
will meet In New York, James S. Alex
ander, president of tho National Bank
of Commerce, Is chairman of tho Note
holders' Committee which formulated
tho plans,
Failure of tho CUflln Company was
ono of the worst blows received by the
business world for many years. Tho
company operated a chain of 23 largu
stores throughout tho country nnd
millions of dollars of Its paper was out
standing at the tlmo of the collapse. A
large amount of this paper was held In
Philadelphia.
Tho reorganization plan provides that
the Claflln creditors shall receive 15 per
cent. In cash and the balance In three
year Interest bearing collateral notes
of a newly organized corporation, re
newable for another two years.
This new company will bo known ns
tho Mercantile Stores Corporation and
It will acquire tho assets of the H. B.
Claflln Company, the assets of John
Claflln or such portion of them aB may
bo deemed by tho committee to be ad
vantageous. Including all of tho capital
stock of the 23 companies now In the
hands of recelvors, all of the capital
stock of McCreery & Co., of Pittsburgh;
of the Wllkes-Barre Dry Goods Com
pany, and of MacCallum & Clouthlor;
(2,230,630 par value of tho capital stock
of tho Scruggs, Vandervoort, Barney
Dry Goods Company ($2,103,630 of com
mon and $187,000 of preferred), $400,000
par value of the capital stock of the
Hlgbee Company, $100,000 par value com
mon capital stock of James H. Dunham
& Co., $6,268,000 par value of the com
mon stock of the United Dry Goods
Companies, and other assets and equi
ties owned by John Claflln, which havo
been transferred to representative!! of
the noteholders' committee for the benefit
of tho Mercantile Corporation.
THE NBW CORPOBATION.
The Mercantile Corporation will cause
to be organized a new corporation to bo
known as "The II. B. Claflln Corpora
tion," to carry on such portion of the
wholesale business now conducted by tho
H. B. Claflln Company, a New Jersey
company, as may be deemed by tho board
of directors to be advisable It Is con
templated that there will be transferred
to this now corporation approximately
$6,000,000 of assets of tho present H, B.
Claflln Company In exchange for Its
capital stock, all of which will be owned
by the Mercantile Corporation. The valuu
of tho assets transferred to tho II. B.
Claflln Corporation shall be as agreed
upon by Its board of directors and the
board of directors of the Mercantile Cor
poration.
Tho notes will be dated December 1, 19H.
and will bo Issued in 21 separate aeries,
ono series to be delivered to the general
crcdltora of tho H. B. Claflln Company
nnd each of tho other 23 series to be de
livered to the holders of notes executed
by one of the several companies nnd In
dorsed by the H. B. Claflln Company.
The collateral trust notes will be se
cured by stock collateral to be deposited
under a trust agreement with tho trus
tees to bo selected by the committee. The
notes received by the direct H. B. Claflln
Company creditors will be secured by
one-sixth of tho capital stock of tho
proposed H. B Claflln Corporation, tho
nnoiesaie trading company.
Each of tho remaining 23 scries of col
lateral trust notes, being tho notes re
ceived by the noteholders, will be se
cured by tho entire capital stock of the
particular company, which executed tho
notes to bo exchanged for the new notes.
REPORT OF RETAIL STORES.
A Bummary of tho assets and liabilities
of 20 of the 23 Mores that executed notes
In favor of the II. B. Claflln ComDanv
follows;
WHEAT EASIER TODAY;
CROP REPORT FAVORABLE
Russian Harvest "Was Better Than
Expected, Say Advices.
CHICAGO, Sept. 26. Wheal wan eerier
today. Restlnpr ordera to buy were
reached at $1.10 nnd below for December.
Considerable export business was done
late yesterday. The market nt Liver
pool was lower.
The Russian harvest, according to a
semi-official report, was better than had
been expected. In India the weather Is
more favorable and the general crop out
look has Improved, but holders are Arm,
Corn woa .quiet and easier. There were
export sales of 200,000 bushels of corn
hero late yesterday. Receipts of old corn
are light and there la no pressure on the
market. The arrivals here today wero
97 cars.
Oats was active and the market was
steady. Some cash concerns sold, while
export houses bought Additional sales
of 400,fiCiO bushels for export are reported.
The receipts here today were 212 cars.
UTILITY OWNERSHIP
BY MUNICIPALITIES
SHOWS GREAT GAIN
Number of Plants So Oper
ated Increased 91 Per
Cent, in Ten Years Says
U. S. Report.
Ixtr,
1 OBj
1 IB!
77
TO1
73
clone.
1.07
i 1.1014
4J t!.17
77
m
LAf1lnff futures ranged aa follawa:
,t Yetrdy'
ivneai crpen. mrn.
Reptember . . . . .. ....
December J 10 i.lOH
May ., 1.17 1.17H
Corn (nw delivery)
Reptember 77W 77W
December ......... 70-), 71
May 73H 71H
Oat
Reptember
December ......... 40H 4AT,
May r2H M
iam
Reptember
October (Ms n ro P41
January ...001 10 VI DPI
nibs-
Rentcmber ,.
October 107V
January 10 37 10 40 10 37
Pork
R'ptamber
October ,
January 10.r,1 19 75 10 BS
lJid tAsked.
tt
2H
62
47
P40
B 41
ops
11 37
10 f0
10 S7
tl7,S2
17 62
10 70
PORT OF PHILADELPHIA
.5:54 p. m
Ails d. m.
.12:53 p.m.
3:07 p. m.
Sun and Tides
Sun riies.. .6:50 a. m.Sun eeti.
PHILADELPHIA.
High water 5:45 a. m.lHIgh water.
cow water.. z:ti a. m ixw water.
rtEEDV ISLAND.
High water 2:34 , m., High water.
Low water. 9:11a. m.iLow water. 0 54 p.m.
BUEAKWATEn.
High water .. .. a. m.illlih wter.l2:22 p. m.
Low water. 0:45 a. m.jLow water.. 6:38 p.m.
Sailing: Today
Sir. John D. Itockefeller, 'Whit. Copen
hagen, Joseph C. Gabriel.
Sir. Bellucla (Br.), Kiddle, Hideo, Joneph
C. Gabriel.
Sir. A. A. Haven, Hccker, New Orleana,
Philadelphia-New Orleans TrannporUtton Com
pany. Str. Sun, Ockelman, Sabine, rla Newport
Nens, Sun Company.
Str. Delaware, French, New York. Clyde
Steamahlp Company.
Str. George VV. Clyde, Forreat, Norfolk, etc.,
Clyde Steamahlp Company.
Str. Anthony Groea, Jr., Ilrlatow, Balti
more, Erlcnion Line.
Schr. Ellen Little. Teazle, Humacoa, P. It ,
A. D. Cummins & Co.
Sehr. Francis Goodnow, Blaine, Boston, A.
D. Cummins & Co.
Schr. Delaware Sun, Janssen, Newport
News (In ton str. Sun), Sun Company.
Steamships to Arrive)
PASSENGER.
Nam From. Dst
Mongolian Glasgow Sept. lfl
Stampa.lli Naples Sept. 18
Dominion Liverpool Sept. 18
FREIGHT.
City of Durham Calcutta
Zuiderilyk Ilotterdim .
Amsteldk Rotterdam ,
Start Point London . .,
Man Mariner Manchester
Aaoiro Hueua
..Sept. 1
..Sept. 15
..Bept. 1
..Sept. 12
..Sept 10
. -Rnf 1.1
SturmfelB Calcutta Sept.
Canadla Stavanger ... fcept. 15
Zerenber?en .Pnrriirr ... a., id
Rapidan Lelth Sept. 10
California Copenhagen ...Oct.
Missouri London Sept. 22
nakotan iriln r. .
Greenwich Newcastle.N.B.Sept.' 22
TWnlaton St.Vlncent.C V.Sept. 17
Steamships to leave
FASSENOBR.
For. Date
Glasgow spt 20
Liverpool Oct. 3
Naples Oct. S
FREIGHT.
Copenhagen
Zulderdyk Rotterdam"
"' '".": ; copennagen
Name.
Carthaginian
Dominion ...
Stamrallx ..
Uranlenborr
Aiaino
London
ii7- I'hrlstlanla
California Copenhagen
PORT OF NEW YORK
Sept.
.Sept 2S
Bept. 20
.Sept. 23
.Sept. 30
..Oct. 3
. Oct.
Vessels Arriving Today
Str. Mauretanla (Br.), Chvrles. Lirernnni
Sept. 10, to the Cunard Steamship ci W'
with paBsenaers.
Docked at 8 a. m
malls and
merchandise.
Steamships to Arrive
DUE TODAT.
. Vam? From.
Adriatic Liverpool .
r,u a , ... DUB SATURDAY.
Philadelphia Liverpool .
Duca D'Aosta Naples...!
Steamships to leave
Name.
Sailed.
Sept. is
Sept. 10
SPt. 15
Co.,
Co ,
Cardington Team Drops Out
Tho American League of Soccer Clubs
held Its semi-monthly meeting: last night.
A B finest. laat season's secretary, re
turned tho cup won by the Philadelphia
Klectrics and also tho funds left over at
the finish of his regime Cardington no
tified the league of Its dlshandment, leav
ing a vacancy to be filled A schedule
was adopted for the first linlf of tho
seuson, which ktarts Saturday, October 3.
Jourdet to Coach Perm Five
Lon Jouidet, former end at Pennsylva
nia and captain of the 1312-1J basketball
team, has been appointed this season a
coach of tho cage candidates. Tho ap
polntment has jet to be ratified by tho
board of directors or the Athletic Association.
Detroit Drops Catcher Peters
KANSAS CITY, Sept. 25 -John PeJerg
a catcher for the St. Paul American
Association Club, announced jeeterdav
that ho had signed a 1915 contract with
the Detroit American League team by
whom he was secured In the secret
draft.
New Coach for Columbia
NBW YORK. Sept. 25.-The Columbia
soccer team Is slated to begin practice
next Monday afternoon under a new
coach. Graduate Manager Fisher has
secured the ,er"'ces of Adarason. of the
BrooUyn VpotbJtvfJ.ub.. ' ' ,no
S
Assets. Liabilities.
IS72.020 Jl.118,075
H0.SD0 1,450,834
710,600 773,035
402,655 1.105,473
642.050 1,471.105
1.037,037 2,088,607
1,720,120 1,037,700
713.3H2 ns J4-
303,855 1,532;S85
SlO.OOfl 2,180,708
430,468 1,473,600
530,700 080,433
014,130 2,03.,J34
451,038 1,337,711
525,013 2,030,112
432,808 1.321,806
200,231 J 338 328
570.701 1.836,664
412,180 1,772,748
100,057 1 018.206
Totals 113. 270.461 I2S.339.767
.iiPo,Ln0tJLnclVL J nucon & Sons Louis
ville, K) , The Fair Company Cincinnati O
If t 1 d1100' Ur a00j' Company, Terrs
II. Ratterman
Brooklyn . . ,
The Bedford
Brooklyn
Castner Knott D
Goods Co.. Vahiit
M. J Connell Co ,
Butte, Mont . .
Defender Manufactur-
. Ing Co., New York,
Jlennessy Co., Butte,
Mont
Jonea Store To., Kan
sas City . ...
The Joslln Dry Goods
Co., Denver .
Kline Hrot., Altoona.
Lion Dry Goods Co ,
Toledo ...
Lord & Gage. Reading
The Geo. VV McAlpIn
Co , Cincinnati
McDougall & south
wick Co, Seattle
Montgomery Fair, Mont
gomery, Ala . .
TbH People's Store Co ,
Tacoma
Spring Dry Goods Co ,
Grand Rapids
Watt, Rettew i. Clay,
Ino , Norfolk ....
Torn. C Waiklns, Ltd ,
Hamilton, Ont . ..
J. B White i. Co..
Augusta. Ga.
Whltehouso Co , Spokane
Cretlc
Chicago
America
L'ameronla ....
Olimplc
Mlnnewaska ...
Virginia . .,
N, Amsterdam
New York ....
Mauretanla ...
Adriatic .......
For.
...Naples ...
Havre ,,,,
...Naples . ,
.Glasgow .
...Liverpool .
.London ..
Bordeaux .
... Rotterdam
Liverpool
Liverpool
Liverpool
Date
Bept. 26
. Sept. 20
Sept. 26
8ept. 28
Sept. 20
Bept. 2tl
Sept. 28
Kept. 2u
Sept no
Sept 30
Sept 30
Municipal ownership of electric light,
heat and power plants In this oountry It
making rapid strides. The theory that
municipalities can construct and operate
publlo utility plants more economically
and with greater efficiency than can ex
perts representing private corporations,
while It has not been proved to any con
clusive extent. Is, nevertheless, gaining
ground. This li mado plain In a report
Just Issued by tho United States Census
Uurcau covering the tn-year period from
1002 to 1912.
In the period, the number of municipal
plants increased from 815 to 1562, or 91 7
per cenL, whllo the privately owned plants
Increased from 2S03 to 5660, or 30.1 per
cent.
This total of 6121 central electric sta
tions Is considerably less than the num
ber reported In commercial directories
The report explain1) the apparent dis
crepancy by stating that where several
plants are under ono ownership they arc
reported as one establishment. In the
directories each plant Is regarded as a
unit for the purpose of listing. The re
port takes no account of electric stations
constructed primarily for tho heating or
lighting of hotels or factories, even If
somo of the electricity Is sold to the
neighborhood.
In 1902 more than 2 per cent, of the
stations were municipally owned. Ten
years later the percentage of such sta
tions had Increased to substantially 30
per cent, of the whole number. In total
Income the commercln stations had 92 3
per cent, which was ''greater than In
1902, when the commercial stations con
stituted a larger percentage of the total.
In that year they received only 91.9 per
cent, of the total.
MUNICIPAL OUTPUT REDUCBD.
The municipal stations. In output, fell
much behind In the decade. In 1902 they
produced 7.8 per cent, of tho kilowatt
hours, while In 1912 their production fell
to only 4.7 per cent, which Is less than
their percentage In 1907, when It was 4 9
per cent. While their relative production
fell off so greatly, the municipal plants
greatly Increased the capacity of their
gas and oil engines, having no less than
20.2 per cent, of such engines in 1912.
But, while tho percentage of gas and
oil englnos owned by tho municipal plants
Increased so largoly, the total horsepower
of all engines, turbines, waterwheels,
etc., fell off from 8.7 per cent. In 1902 to
7.4 per cent. In 1912. The kilowatt capac
ity of the municipal dynamos also ran
down from 9.4 per cent, to 7.2 per cent
In 1912.
Tho total income of municipal stations
Increased from J6,9GS,105 In 1902 to J23,
21S.9S9 In 1912. or 233.4 per rent. That of
the commercial or privately owned plants
Increased from S5,700,6C6 to 1302,155,699, dr
2S2.S per cent.
The total expenses, Including ordinary
repairs and a proper depreciation account
In the municipal plants, Increased from
C245.9S7 In 1912 to $16,917,165 In 1912, an
Increaie of 222 5 per cent. The total ex
penses of the commercial plants rose from
J6S.031.375 to J234.419.47S, or 244 3 per cent.
For that increase in total expenses the
commercial plants brought about an In
crease In kilowatt hours from 2,507.051 115
to 11,532,963,006, or an Increase of 3b0 per
cent. For their Increase of expenses the
municipal plants brought about an In
crease of kilowatt hours of only 174 4
hours. In the Increase, In figures, being
from I93.90t.439 to 537.526.730
During the flvo-jear period from 1907 to
1912, approximately 106 commercial stations
passed into the hands of municipalities
and E0 passed out of the hands of muni
cipalities Into the hands of private opera
tors. The greatest Increase In municipal
stations took place In a group of s'ates
composed of Minnesota, Iowa, Missouri,
the Dakatas, Nebraska and Kansas The
number In those states Jumped from 274
to 399 Arkansas, Louisiana, Oklahoma
and Texas come next In the number of
Increases, from 55 to 122
0LNEY BUSINESS MEN
FINANCING NEW BANK
Site Still Undecided, Hut Charter
Will Be Granted November 30.
Olney business men are organizing th
Olney Bank, for which a charter will
be granted November 30 The site has
not yr-t been selected, but tho bank will
be In the centre of the Oerman-Amcrlcsn
population of Olney. It will be some
where between Rising Sun lane and Broad
street and between 4500 and 5800 north.
The capital stock will fTe JGO.OOO. This
has already been subscribed at $50 a
share among Olney residents. Ifi ad
dition there Is an undivided profit fund
of K-000
A. l. Stilton, who organized the South
Penn Bank at 29th nnd Dauphin streets,
Is nt the head of the temporary board
directing tho preliminary work. "The
bank will be In the centre of the bus
iness section," said Mr. Stilton today,
"and It will nil a long felt want In
Olney. There Is no bank near tho loca
tion we are considering.
Those Interested In the plan, who prob
ably will be on tho board of director,
aro Alfred Stelnhouse, Sixth street and
North Tabor road. H A. Kahbach, Fifth
street and Olney avenue; V. U Franck.
219 North Tabor road, Tohn H Coon,
4Ri North Tabor road, Thomas Tansey,
561 Rising Sun lane, nnd Henry Franz,
2309 North Front street.
FEWER LOCOMOTIVE
DEFECTS INFLUENCE
ACCIDENT DECREASE
BRITISH TRADE CRIPPLED
IN FIRST MONTH OF WAR
Manufacturing Centres Are Hit Hard
In the Midlands.
IX5NDON, Sept 23 The trade returns
for August the Mrst month of the war
have Just been Issued As was to bo ex
pected, they reveal a decline In trade
without precedent In tho recent commer
cial and Industrial life of England Com
pared with tho corresponding month of
last year exports show a falling off of
19,000,000 (195,000.000), or something like
50 per cent., whllo the Imports are down
by 13 000,000 (J65,000,000), or like a quarter
of those received In 1913.
It Is the manufacturing trades which
have been hardest hit, and the way Lan
cashire has been punished is shown bv
the fact that the exports of cotton goods
have declined by nearly 5,000,000 Iron
and steel, machinery, ships, wool, chemi
cals, all, to use a word which has now a
rent meaning, arc "going "
Tho Continental trade cannot, of courso.
be recovered while the war continues, but
much of the disaster that has bffallen
British Industry is duo to apprehension
and dislocation, and Is therefore tem
porary. Already trade Is beginning to
adapt Itself to the now condition-' In
many directions there are signs of new
life, and it Is clear that tho losses in
some directions will be balnnced bv galni
In others There will be much reshiftlng
and reshaping, and those will do best who
are able to take occasion by the hand
and adapt themselves to the now condi
tions It will go hard with those who have
got Into grooves and find their routine
suddenly destroed, but for the man with
a (Uick and adipUvble mind there will be
a period full of opportunity and rich In
reward
Government Inspectors Re
port Greater Care Being
Taken by Railroads of
Country to Insure Safety.
Greater caro Is being taken by tho
railroads of the country In keeping their
locomotives In good condition This Is
shown by reports of the tnteritate Com
merce Commission covering the Inspec
tions of locomotives by the commission's
60 Inspectors In the last threo years.
The reports show that the number of
locomotives Impeded ha. Increased and
tho number found defective In nny way
has decreased.
For Instance, there were 71211 locomo
tives Inspected In 1912 Of this number
63 7 per cent, were found with some
slight defects Last year the number In
spected was 90,356, and 60 3 per cent, were
found defective. This year 92.716 have
been Inspected, and only 52 3 per cent
were found with defects Many of then
defects, however, were not In violation
of the law. The defects that wero In
violation of the livv represented 4 5 pe
rent In 1912, 5 2 per cent last jear and
3 6 per cent this vrar
1 he greatest trouble from accidents
has been, according to Frank McAfan
amy chief Inspector of locomotive boil
ers of the Interstate Commerce Com
mission, with the failure of arch tubes,
and four out of five of the accidents are
caused by their Improper application
The greatest caro being exorcised In
this direction by the railroads It reflected
In a material reduction In the number
of nccldentR duo to the failure, of loco
motive boilers and their appurtenances.
Tho accident record for the last three
years follows:
Number of
AerMrrHi Tvl!!f1. Tnhtrrf
ll'll
1014
V! 01 1005
wi an nu
.-.1 1 21 374
NOTES OP THE RAIL
PUBLIC UTILITIES
The Commonwealth Power, Rallwaj
and Light Company. In which local cap
ital Is largely Interested, has asked the
Michigan Railroad Commission to ap
prove an Order for the Issuance of 15J1 -000
In bonds to be divided among Its
subsidiary companies
The Monongahela Valley Traction Com
panv. Hutchinson W Va., will build a
J300 000 electric plant to develop 5V) horse
power for electrical transmission 100 miles
FINANCIAL BRIEFS
FREIGHTS AND CHARTERS
&i!Spw " &" .TSlm'-K
STEAMSHIPS.
jilluH,0Vi?,n P-)- Montreal to pkltt Dort.
0!,OctoKbl.'VtdOm rTa,n' M00 wrursfS!
rrlanta (Br), 2fl 000 quart. r Mm.
oWartir'S.0 "5EF" "'"'
Cam fnr.n mr fln' ,ir.. II- .
Au.tralli and vVi ..i.'?' -?.r.w " t
(Nnl rrn-. t -,. 7" "4' '
Panama
romp?" "'' """" ar' PrtwUlemi;
Nicholas cuneo (Nor), V1 tona, um.
fitamboul (Nor ). 1501 ton., .am- ?f0b.,
ybrand (Nor ). 12 ton., limtl Oc,ohtt
"J2L(!Vor?' iM7J,?.n"' tran.atl.ntle trad.
u ,,lp' ?"la 7 dvry Mobil., redtllV.rv
candlnavia, prompt. ury
0UIMET ON WINNING SIDE
Amateur Champion, With Low, De
feats Travera and Marston, 5 and 4.
NBW VOItK. Sept 25 -A gallery of
nearly 1000 golfers saw Francis Oulmet
the, amateur champion, figure on the
winning Bide of a four-ball match at
Baltusrol jesterday Oulmet. paired
with George Low. the home profes
sional, took on Jerome D Travers of
Upper Hontclalr. the former title holder
and Max It Marston, of the home club
and at the finish of the round Oulmet
and Low had won by 5 up and 4 to
play.
SCHOONERS
fa"M- Jte' " t0Q- Savannah or n.N
fa..t J,a J? Utn, lumber, private t.rm.
noM tatted uCdr?eVSa.
BANK CLEARINGS
Bank clearings today compare with cam,
ponding day lalt two )ear
?IK!S?; s!?I0.2 i.i2s
rnllada.
NEW YORK BUTTER AND EOQS
NBW TOIIK. Sept 25 -IJutter-670S pack-
SgH,r.,oelv,1- market .teady. creamery eitrai
S!0 ' ""' -'-"HcVh.ld cxraif
ncx.-Rocelpu. JO 040 crate, tone of mar-
He . firat, glgiac. refrigerator flret.. 2ff2Jc.
LIVESTOCK QUOTATIONS
nr,n,SAH0.' fie;". -H(XJH -lUcslpt.. 11.
Mi'mffww" oc ,l"r, mixed and butcheri.
(8 1031)05 good heavy, I fiftHS 05. rouah
U- J7,?5'?.,5?. "hl- IS43y08. p.,. Id
lBon' 't'..8 W 78 J-'ATTXE -lie!' pi.
inoo market et.adr beee. IT 40311 in
co. and heifer. .440 M Vto'ker. tni tttdl
jr. .rt.40HS.lv Texan.. IT aoflg BU ealw.
19 60 (HJ 60 BHEKI -Receipt. "aooO m"i
&tJ,,Ss-iJ,.,,M" ini '" 3tS.
SOUTH AMERICA ORDERS STEEL
PlTTSHrnClH. Sept 35 -The largest
export order reoelved In this country
since the European war started has been
taken by the Lackawanna Steel Company
It calls for from 3000 to 4000 reinforcing
steel bars for Government work at
Buenos Aires. Argentina
ANOTHER CUT IN OIL PRICES
The Imperial Oil Comnam h, .
nounced another reduction of five cents
wa .....'ii.iji.7j. B.S.iaj fcB&SIa .. r afi iii bS wlci ?oi :u
As Indicating tho general better feeling
which Is apparent, ono of the large bond
hotises In this city has, within the last
ten days, had average dallj sales of from
$23,000 to $30,W worth of bonds Tho aver
age number of transactions dally has been
seven to ten. These sales were principal
ly In unlisted bonds and were mado vlth
out the aid of salesmen
Tho report of the Chicago and eastern
Illinois Railroad and the receivers' ac
count consolidated, Including tho Evnm
vllle and Indianapolis Railroad, for tho
jear ending June CO, 1914, shows total
operating revenue of $15,61t,2!5, net operat
ing revenue, 2,o75,271; operating Income,
$1,041,774. total income, U'J3i,5w, deficit,
t!,525,S93.
William S Evan., who Is associated
with Henry & "West, of this cit. has
been unanimously elected president of
the American Institute of Banking at
the annual convention in Dallas, Tex
Mr Evans Is the first Philadelphia to
occupy mat omce.
The subtre&sury gained $200,000 from
banks yesterday and since Friday, II,.
T90.W0.
The Standard Horseshoe Xall Com
pany, of New Brighton. Pa., has re
ceived a large order for horseshoe nails,
presumably from the Krench Govern
ment. Copper exports for the week ending
September 25 were 3027, decrease. 2S5ti.
month to date. 14.0s7, decrease 6732, from
January 1, 23,273. Increase 17,119
CINCINNATI BUYS COTTON
Starts Movement to Take $200,000
Worth to Help South.
CINCINNATI. O.. Sept 2J -Cincinnati
buslne.g men have started a movement to
buy 1200.000 worth of cotton at o0 a bale
The .Merchants' Association has Initiated
the movement to purchase the cotton In
the Interest of the South More than
2200 bales have been subscribed for at the
standard price of 10 cents ; pound
committee has been appointed to solicit
subscriptions
Returns received bv the Electrical
World from the central station corrmn-
nles of the Mountain nnd Pacific .States
for June. 1014, do not show as large gains
In earnings and output over the corre
sponding month of 1913 as did those for
May, and the latter also wn behind
April In these two respects
Returns from t-x large cities In Cali
fornia. 'Washington, Oregon Utah nnd
Colorado, representing over 60 per cent,
of the central station indtistty in tho
Mountain and Pacific States show gross
arnlngs for June, 1914. of $1 553 50J. an
Increase of 5 1 per cent over June. 1313
with output of 1)0,194 562 kilowatt hours,
nn Increase of 8 5 per cent
The standard of lflclenc of train serv
ice rwn on the Pittsburgh Division of th
Pennsylvania has been raised ns the re
sult of a method known as the "progres
Mvc plan ' Uhey havo to piss a first.
second and third enr examination on air
brakes, machinery and knowledge of a.
locomotive.
The new shops of the Chicago and Alton
at Bloomlngton, III, to cost il.OOO.OOO, are
nearlng completion They will replace old
buildings of small size that wero erected
SO years ago.
What hat been known for many oars
as tho American Association of General
Passenger and Ticket Agents has been
changed to that of American Association
of Passenger Trafllc Officers, which is
moie In keeping with Its membership Th
president is Oertit Tort, passenger traftlo
manager of the L'nlon Pacific.
Tho .Massachusetts Public Service Com
mission has suspended to November 1,
1911. the proposed changes in certain pas
tengcr tariffs on Boston and Albany Rall
load A hearing will be hold October 11.
The tariffs suspended withdraw fiom sale
Kfl-ride intrastate and 10-ride tickets. Tha
changes would make certain Increases In
rates of fates.
Effective October 1, M E. U ells ha
been appointed senior inspector of motive
power, division of valuation. Interstate
Commerce Commission, for the Southern
district His headquarters will be in
Chattanoosa. He Is now engaged on the
appraisal of the Pere Marquette for the
Michigan Railroad Commission
Automatic block signals are being In
stalled bv the Texas and Pacific Railroad
on Its line between Addis. Ij , and Don
aldsonville, a distnnce of 21 miles.
The Cininnati. Hamilton and Dayton
plans to build 103 caboose cars In Its
own shops The company is also in tha
market for twelve all-steel coaches, eight
all-steel passenger and baggage cars, four
.ill-stel baggjgc and mall cars, five all
steel baggaie cars and one dining and
two wrecking cars
M. A Mulligan, tialnmaster of the I
hlgh Vallev Railroad at Jersey City, has
been appointed general yard Inspector
His offices will be In South Bethlehem.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
V.WIKAT lleieipt. 00 "00 bu.hel. Uttle
trading and ,rln wheat lc lower hui no
change In winter ir Int., in export elevator
"Jl1. - i"" P'H unl Septemher trr)
Duiuttli Wsj ' um ls No ! s'nrlhern
nf.?ltN'7"I,'.c"'" i'0 hu.hel. Trade
quiet but prUea eiea.lj vUth moleraie offer-lns,-rar
iaXa for ,ncal 'rade. as to loatl,in
o- - eiio -VfSJ-'-rC bteamer yellow S7i,
steo1 in'
i-ream rhn -
ool 1 VV- a 1 i
ttale Tuft
Vfff
ii'sfiltsv l)
I" ran kim dsilc
York fll
lo. fair 'to
POULTRY
RKc
OVT
Itecelpte 30 717 bu.hel.
I- - - - - ..s..s.H. ,,, luiinein Jrcennci
moderate and prlc. stead hut trdo 'iu!ri
No. 2 white .MU.2SV .tindard white, ",fl
Mhc No 1 while .VUsfMc "
Jo .
V 4fKSft7fl
l5.:ri.V SO. An I rhl. Uun
e 'inin ju. .prinir first
siralght V HSS 40 do
lo favorite brand. MB-
cv nitent 105
-Winter, clear,
patent
JfteritiEii
tt
16
ik. 'il "T"'"'".' r,3 barrel. l.OTS.ntS
It In lark. Trtle .low arid tallies Urselj
"'. -ina marKu .lull and w.alc unijtr
,....,., . nrii ,, inter i lear e4,6a
v., u, Km, wi, , rjT patent
jvnaa, .iraignT jme sacks
i-uieni juio .ark.,
l.ar. 7.VSJ5 .lo
patent tVoftSfVoS
B!ft city mill, choir and fanc
n ..i cii nuns, regular erale
t nafi Jo .traight SVpSSO do
V fiO-iffl
PROVISIONS
Irado slow ami prtca. unchain.vl City beef
In et amokeJ anl air irleU IHjn2i West
ern beef, in ct. amoked, .lltTSJi. , city beef
knuckles and tender. m..ke 1 and air dried
2n&v4.V iV?irn l""i hnucklM and undiS.
jrroked. TJJM4. beef ham. 40.JM3C pork
famlb IS'VS'.T Ham.. S l cure" i,.e n",
tflGbc. tji, .klnned loc.e, 154Slrtc . do
do . jmoked. isp Hie other ham. .moked cm
cured aa to brand anl average ISiiJUc .
hm. .mokel VVeetern mrel. llgl- d-.
bone, bone!... 2'.1c picnic .houll.r.
cut'J J". 1JI3SiO. do. .moked Iftf
14V.C bellies In pkklo according to a erase
loow iitbjniTe . breakfast bacon a. to branl
and averaee chj mred. 216SU . breakfast
bacon VVe.Urn curel. JlSSHc , lard VV e.tern
ftfEvV""? JlHV "0 ,! dc ! tub,"
In tlercea uirfrllStc lard pure city, kettlt
rendered. In tubs, im&llc.
midl. .In a'r'Pe uppli and quiet at
l.r "'". ' 'J" '"'317c old rou.te'1.
fi.. ii..i .:'""!. "' ae onjlnc to qual.
unl ." ..! - . "' '!"" n" i
-"" . .unl... t er
.prlns-
2 lh. and" m ,. Voc". u".Tin,,,f
!ll'i .bs unlr,e ,IkTo .! -,u?'""S tj
n...e.e c". old A 7 plgeoB.""?.?' "ftlr 15
nm-:!sKI) Desirable nock steady, with
demand equal to the ..fferlns, n-kllled
aul ';r Ih . "r'h'nj 11. lb. "pice.
Of k, 4oi ,tfhln. ) .b. apiece 20c do
pl.ked, 11V, brollinit hi. kens nearby
m I1""" l tSC "" P"" """' brellln
chl(.kns narb fair to u.mi t,ti .ul'l.
pn u'aii.m Dt.i ,. r. -:!V J VI1I1.-
i: v.- ,v tu- in apiei-e. nn , do do.
.H-W3 lb. apiece 156 1- brotlini chliken.
VV .stern UflS Its aplecu. ITlJ.!.. bro,lm
chicken. Western falr to E d, ljinao
K,a,, rT.a'1 Whlte ehln 11 to 12
-I nPfr An,.K. 4,,4M hlt. ielih
'", 2. to P lb "r '' B TS- white
weUhlnK S 11, per d.,x 13 sWs.Jo do. do
7 lli per 1e. 51 75fiV do. Hi Igu,' lb.
tl 10 '" d'uk an1 No- - 9
FRKSII FRUITS
nrnn qmel and easier. Oiher
ebowe-i little change
.-iprtea. tier bhi -nntenttain SI 50r!
:n si J . .i . . " i
lllu.h
w ro unl
other
1 Slff
renn.ylvHnla.
frulta
;
Jl k..- . .j. ' ""i." 1"11' "" 'aneie.
- . nitHiiuni sin i -vo
Annies rela
hunper. Sr350c.
-- -. . 'i.j ititnia. nrr
RSfo-nS' ftlJtfi Siit&'lHSr lt
tier bhi
nari)
4 'J
Black par
SUGAR
THE MONEY MAKKET
Tha nt.s for money at all the leiin.
financial centre, today w.r. quoted a, fju.?in,
Philadelphia C ' Tim.
Nw York , ... .' " fig. 5a,
Boton . ..... . . " '" S"'8 2? J
iS.lPhym.n'.r.,;, r.pVr hr.. , T. I ?lti - !-
wau curiucs. iBTia pax cent, CILCKSE-OffuUwH Badcrat
Quiet, but eteadlly hell Standard granu
lated b.Siv fine granulated fl 75c p,iwdr.l
SL-n'e',"ne,'5' A 885-' "' gratw'
DAIRY PRODUCTS
IH1TKK yulet with modern... but am
ple offering, at former rate. VV e.ioru f r.h
.olid packed creamery fanc .pedals, c
extra. Sic extra flr.t. .Jik. firsts 2iVfi
2Wi. seconds 2JfC7l,c . laUI. p.eked. 21
-. i 5i.. " uncy de
u.i .'wm, Bu aia&c no nnlu
3lc do seiond. 27ft28c Fix HI fin, . hn.
nu jobblnx at 3Sg40c "
of prln
Kfi(,b btrklh Hne (r.sh erxs well cleaned
' ..... ....LFj. vira.. oxc per do
nearby firsts ? 40 per standard caw neirtv
arKt'..S ' pV"cr do? ffrVt.
yrries cape, Tod Farlj Ilia
wfv cranberries caie CJd.
i."'r '.'. "y-r ran berries Jersey ir crat
I .,..' 'W.'SV light llalJi lluck
1 terries j-r at.. JSc t'.h.. vi.
Kinu per to-lb basket iKetVh do do.
l'I.cr 75ieisr, d, Delaware and Maivi
IVi V,.:S r"-!1' 1'eiinsylvajil.. per baa.
3n'rt.rfcerJihLu "', ""w yv875c . medium.
2'lnn rche. Jersey, white per S-ba.a.t.
2sJo"r.' n,Vb Pr bh' rtlt. No. 1.
Ji?.56i.- ''? So J -5i"3 Clappa Fa.
vortte No i w V do No j KVWrt
2"bbi"'VJLV "'"' N' Vcfrk 8kSl:
5l k ih JJW. ,!LW- N, Vork-Concord,
iain. b f"1 l.1 'i? s Per 4 ' ba.k.O
ri.l ina?.,1?1''' uthern De.awares. per carl
L, ,0?"-v" "C" 'omord rer crat. W
filt. P'um.. per S lb ba.ket 2i)r26c , eanta-
iw.. 'r "'" 'tao do do.
AUfCbue . waterroelos. Jersey ber 100.
flats
f!0.'5.
VEGETABLES
Dull and without Important chant
VVhlt potaioe. pr buh r.im
8(.IU
Jtr.ej
' " "J Kr rase. ao.. seconds. Iwiviiii
ianjij and recrated ftuii .
Mr do as tj
per aie
(94 valuu
Dr I.IXkh PannnU,. .1.
d. New York Umie i a?"
trr hrfkt ACiatJ.. - T
Ea.iern 's hffr" ",".. XiM!t
d .lo d No J, 15. 9r to Si. TTorlh
Carolina, per b 1 No f fl Tiwj. d do
i? Si ? " '1o do d No 2 i ,,
1 T5 do do Jer.iy per b.kt 40a50c , J er tha
VVe.i.ru and. iJvnnectii-ui ailey chi
t aoj ' ai"" Ptr 100
, Vorlc. rer i unrh lfrfa)r
tI A-i. fcsit. 8c.St 60?
lis lr
TV,'X
rilct'
which
'-' .-r.tj
Bg-iaaUir.-, ., .-jL": !A' .