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EVENING LEDGER-PHILADELPHIA, WEDNESDAY, JANTTAEY 27, 1915.
'"
FEDERAL RESERVE
BOARD PRESENTS
ITS FIRST REPORT
Declares Quick Recovery
From Financial Chaos Re
sulting From War Due to
New System.
FEDERAL DOARD'8 CLAIM8
FOR RESERVE BANK SY8TEM
The hurried opening of the Fed
eral Reserve Banks toon teas Justi
fied by subsequent evdnts.
The new system, caused such a re
lease of bank reserves and increase
in confidence that New York com
mercial paver in two weeks dropped
from above 6 per cent, to 5V4 and
4 per cent.
The formation of the paid ex
change and cotton funds rendered
material service by restoring confi
dence and stabilizing value.
Had the Federal Reserve Banks
been in operation at the begtnnlng
of August they, instead of the
clearing houses and the United
States Treasury, would have sup
plied the great volume of currency
vihlch teas called for.
The Reserve Banks' duty is not
to await emergencies, but by an
ticipation to do what it can to pre
vent them.
There is no reason why the Fed
eral Reserve Banks should not earn
their expenses and a fair profit be
sides. Impatience to show results should
not be permitted to tempt those in
charge of the Reserve Banks and to
precipitate any unwise action.
WASHINGTON, Jnn. 2T. In Ita first
annual report, for the period ending De
cember 31, and dated January 15, declares
tho quick recovery from the financial
chaos caused by tho outbreak of the war
Was due to tho new banklns system.
"Seldom, If over, has tho banking- and
business community of tho country found
Itself In a situation of such uncertainty
and perplexity" as It did on August 10,
when the board began Its work,
"The whole situation demonstrated
afresh, and to a striking degree, the
dependence of our banking system upon
the call-loan market."
Emergency currency and clearing house
certificates In large volume were Issued.
The tendency to hoard cash was again
being manifested by country Banks.
ORGANIZATION HASTENED.
The board found It necessary "to enlist
the hearty co-operation of all tho mem
ber banks In two matters which were
deemed of fundamental Importance:
First, payment by tho member banks In
gold out of their own vaults of the re
serves they were required to contribute
to the new banks, thus diffusing the bur
den of providing the cash resources of
the Federal Reserve banks; second, the
adoption of a discount policy , which
would prevent the accumulated strength
of the banks from being dissipated and
protect their resources."
On Monday, November 16, the new banks
' opened their doors for business.
At the end of the first week's opera
tions, there had been paid into the re
serve banks a total of Jl,487,O0O, of which
a very large percentage was either In gold
or gold certificates.
The opening of the new banking system
was hurried on account of war emergen
cies, the report states, but events had
since shown thnt the opening of the In
stitutions was wisely timed to synchronize
with the restoration of activity In Amer
ica's export trade. The Federal Reserve
banks were able to begin business with
substantially all their deposits In gold and
without pressure on the general business
or credit conditions.
"With the system thus established, the
question of a discount policy Immediately
became urgent. In response to a tele
graphic Inquiry, each bank submitted Ita
views with respect to the rate of dis
count thought to be advisable for Us di
trlct. Upon tabulation nnd comparison of
these results It was found that they did
not vary greatly, the rates ranging from
5 to 7 per cent, for 90-day paper."
It was decided to fix the rates of dis
count at from BV6 to 6V4 Per cent. The
rates thus Initially established were sub
sequently lowered from tfma to time, the
lowest rate thus far approved being V&
per cent for 30-day paper.
RELEASE OF FUNDS,
From the beginning of the war, there
had been an abnormal reserve situation.
But the change In requirements released
funds which had been held idle by the
banks in observance of the law. The
release was very large, how large cannot
be estimated, "owing to the fact that
reserve accounts in the existing system
of correspondent banks are so closely
and complexly Intermixed," and the In
crease of member banks' lending power
was correspendlngly larger.
Loans were extended more freely, dis
count rates fell.
The opening of the reserve system en
abled tho banks In the larger centres to
reduce the rate, and within two weeks
prevailing Interest rates for the best
paper fell as low as 3tt and 4 per, cent.
In some parts of the South banks were
able to obtain accommodation at rates
as low as VA per cent.
"Appreciation of 'the fact that when
the new lending power should all have
been absorbed there would still remain
the great credit potentialities of the Fed
eral reserve banks, furnished a balo
element of confidence which helped to
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FREDERICK )V ALLEN
tower the abnormally high rato of In
terest." Successive discount rate reductions were
made, until the low point was reached
December 23, and 4V& per cent, for 30-day
activities, npproved for tho Federal ro
servo bank of New Torlc.
In regard to tho gold exchange fund
tho report says:
FOREIGN EXCHANGE.
"One of tho earliest nnd most trying
consequences of tho war was tho de
velopment of a highly nbnormnl nnd
artificial condition In the foreign ex
change market."
Tho board called a conference of rep
resentatives of clearing houses of nil re
serve cities on September 4.
"The Investigation undertaken by the
Federal Reservo Board and tho confer
ence above mentioned disclosed tho opin
ion that the current indebtedness of "the
United States to foreign countries was to
be stated at approximately $500,000,000, a
sum the maturity of which was spread
over a period of months.
"A committee of bankers appointed at
this conference subsequently recommend
ed a plan for tho formation of a gold
fund of ?100.000,000, which was approved
by the board on September 19, nnd n let
ter was Bent to the presidents of the
clearing house associations throughout
the country under date of September a,
1914, In which subscriptions aggregating
this sum were asked. The Federal Re-
servo Hoard had been requested to allot
tho pro rata of the contributions to bo
made to each clearing house district, and
such allotment was made. Action upon
inese allotments was prompt nnd effec
tive, nnd a total of over $108,000,000 was
subscribed."
THE COTTON SITUATION.
At tho end of September the cotton
market was still completely disorganized.
"As Is well known, about 60 per cent,
of the total cotton production of the
United States la annually sent abroad.
An unusually large acreage had been
planted, the season had been favorable,
and a very large crop was approach
ing maturity. These circumstances would
In any event have depressed tho price
of cotton."
New York city banks agreed to pledge
?5O,00O.O0O to a cotton loan fund, "provided
that an equal amount re raised through
the clearing houses in other than cotton
producing States. The plan provided that
to the $100,000,000 thus to bo raised should
be added a further sum of $35,000,000 to
bo contributed by banks in tho cotton
producing States, provided that hfi Sinn.
009,000 should be called for in proportion
a.z the S35,000,000 should be subscribed
nna paiu in.
The board sactloned this plan on October
2-1. Tho new banks were thus able to
open In full confidence that they would
bo relieved of undue strain.
CLEARING HOUSE CERTIFICATES.
An immediate result of the war was the
Issue In many cities of clearing house
certificates, and a large volume of emer
gency currency was Issued by the Secre
tary of the Treasury.
"The total amount of the emergency
currency Issued aggregated about S3S0.000,
000. The channels of circulation were thus
filled before the end of the summer "
The emergency currency Is being rap
idly retired by natural process.
"Some 2SO,000,000 have already been
withdrawn, thus leaving In circulation
less than 1100,000,000 at the date of this
report. It la expected that with the lower
rates of discount now prevailing at tho
Federal Reserve Banks and with the con
tinue- increase in the rate of taxation
to which emergency currency Is made
subject, there will be a gradual conver
sion of such currency into Federal re.
serve notes so far aa the existing notes
are not redundant,
"Had tho Federal Reserve Banks been
in operation at the beginning of August
they would naturally have supplied the
great volume of currency which was
called for, and they would have derived
the profit for the service rendered."
"Wider open market operations will
shortly be provided for, to give "ample
employment for all funds which exper
ience may demonstrate the Federal re
serve banks can safely and properly
Invest"
The report says that the question:
"What Is" the proper place and function
of the Federal Reserve Banks In our
banking and credit system?" naturally
suggests Itself. Are they "merely emer
gency banks," to help In times of stress:
o." "simply additional banks which should
compete with the member banks, espe
cially with those of the greatest power?"
They are Identified with neither ex
treme. A reserve bank's duty "plainly la
not to wait emergencies but by antlcl.
26 ASTHMA SIMPSON,
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WALTEQ, GLBEQI
H. WALTEQ 2CHLICHTEQ.
SOME VETERAN ATHLETES
Members of the organization
known as the Veteran Athletes
of Philadelphia will hold their
annual banquet tonight at the
Hotel Majestic at 7 o'clock. The
glories of the past will be re
viewed and a merry time is as
sured. Walter Gilbert1 is chair
man of the Banquet Committee.
VETERAN ATHLETES TO HAVE
ANNUAL BANQUET TONIGHT
Recital of Past Deeds to Be Interest
ing Bit of Program.
Veteran Athletes of Philadelphia will enjoy
titer annual banquet at the lintel Mojcstla
tonight at 7 o clock. Preparation has been
made by the committee to make this urTalr tho
most mctcssful In tho history ot the novel
organization. November 111, 1914, a get-together
time was held which nan served to
y.hct the appetites of the men who were once
famous in many brnnchea of sport.
Good, bright talks, reviewing past and
present athletic happenings, with vaudeville
turns and other entertainment will keep the
veterans Interested
patlon to do what it can to prevent
them." In times of oxcesslvo Interest
charges it Is the "Imperative duty" of
tho board "to secure a wider diffusion of
credit facilities at reasonable rates."
"Tho resources of a reserve bank, to be
useful for Its peculiar purposes, should
always be available. They should be
mainly Invested in short-term liquid In
vestments; these to be "marshaled In a
steady succession of maturities."
A STEADYING INFLUENCE.
Only with ready availability can tho
system protect business against "harm
ful stimulus" or "unnatural restric
tions." "It should at all times be a
steadying Influence," never the Instru
ment of a selfish group, keeping credit
fluid.
Reserve banks' resources should neither
bo kept Idle nor should all of them be
used all the time "to quicken unwisely
the pace of industry." "There ia no rea
son why they should not earn their ex
penses and a fair profit besides."
"To Influence the market a reserve
bank must always be in the market.
"Impatience to show results should not
bo permitted to tempt those In charge of
the reserve banks Into precipitate and
unwise action."
The sensitiveness of International finance
demands piudence "oven if the European
situation were leps clouded than It is
today," but where extraordinary condi
tions warrant, "it Is tho foremost duty
of tho board and the banks to act prompt
ly and boldly."
CLEARING OF CHECKS.
The board declares the collection and
clearing of checks a difficult problem.
It was the general opinion of the directors
that transit and clearing operations
should be restricted to easily manageable
proportions In the beginning A few of
the banks have widened clearing activ
ities, but "the whole matter is still to
be regarded as In a condition of develop
ment. "Habit of long standing In the Ameri
can business world has established the
check In its preference as the most Im
portant and convenient constituent In
the circulating medium. To give it wider
currency and a freer flow to and from
THE VILLAGE QUEEN
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TERQETT
f&DERtCK 1. WU25HAW
every part of tho country, so far as this
can bo done without opening the vtay
to abuses, la In line with tho furthor
development and requirements of the
American business system and will re
ceive tho most careful attention of tho
board."
Tho conditions upon which Stato banks
may bo admitted nnd the regulations un
der which national banks mny exercise
functions of trustee, executor, etc., are
declared to bo under careful Investiga
tion, with a tentative selection expected
shortly.
, "Slnco the passago of tho Federal re
serve act, there have been convertod
Into national banks 93 State banks and
trust companies, with a capital and sur
plus of $9,151,306. There have been ad
mitted to the system as members thereof
9 Stato banks and four trust companies,
tho aggregate capital and surplus of tho
13 Institutions being J17,8S4,000.
"There are pending at the present time
applications from 51 Stato banks and trust
companies."
UNIFORM ACCOUNTING.
A uniform accounting system has been
adopted by the banks; dally statements
are forwarded to Washington, and lists
of bills purchased and discounted; thus
credit analyses will show tho distribu
tions of funds among the different classes
of business which are applying for them
This work will fall to the division of
reports and statistics. Neither that nor
the division of audit and examination
fully organized, but will be rapidly de
veloped. In regard to expenses of tho board the
report says:
"An assesement of four-tenths of 1 per
cent was levied on the capital of tho
reserve banks to meet tho estimated ex
penditures of the board during the six
months beginning November 1, 1914, on
which date the total capital waa $107,760,
100. "It should be observed In connection
with this statement of expenses that
nearly 50 per cent of the total assess
ment upon the Federal reservo banks has
been for the preparation of a large sup
ply of Federal reserve notes. This ex
pense will probably not need to be re
peated In the near future.
"There Is much yet to be done, but the
work cannot bo regarded as experimental
In the sense that there Is any uncer
tainty as to the outcome."
FIVE YOUTHS ACCUSED
Must Answer Charge of Offensive
Conduct Made by Two Women.
Five Phlladelphlans, ranging In age
from 18 to 22 ears, are held In the Arl
ington police station under $300 ball each
for hearing tomorrow night on the chnrge
of Insulting Mrs Helen Connor and Miss
Elizabeth Meehan In front of the Hunt
ingdon Valley Country Club last night.
The men were nrrcsted by Mounted Po
liceman Kenney.
Tho defendants are Roy Moore. 251
North Sarlaln street; George Berkhelmer,
27-14 North Wamock street; Herman Dons
gen, 3029 Germantown avenue; Ray W.
Njce, 015 Huntingdon street, and Charles
WIcland, 2914 North 7th street.
TO DISCUSS "CASE OF BECKY"
The drama and "The Case of Becky"
as staged by David Bolasco, will be dis
cussed tomorrow night at tho regular
meeting of the Lyceum Institute, which
will be held In the Keneseth Israel
Alumni Building.
Prof. Edward T. Relchert. of the Uni
versity of Pennsylvania, will be one of
the speakers. He will take up "Doctor
Jekyll and Mr. Hyde " There will also
be a musical program. Among those
who will appear will be Mrs, Walter
Dalslmer and Mr. and Mrs. Russell King
Miller, who are well known in church
and musical circles.
.TAMFJ) H.
"IS THERE ANYTHING THAT dON TRAFFIC
-T-
FUNERAL OF JOHN M. MACK
WILL BE HELD SATURDAY
Prominent Business Men find Poli
ticians to Attend Mass for Contractor
Business merl and politicians from many
partn of the country Will attend the
funeral of John M. Mack, contractor, and
one of tho moat notftblo figures In tho
political history of Philadelphia, who Is
dead at Ills homo In Torrcsdalo. The polU
tlclon had been suffering from an ailment
of the tlvor for some time past, and nil
hope of prolonging his llfo was given up
last week. Ho was 61 years old.
His widow nnd seven children survive
Mr. Mack, and all wcro at his bedside
when the end came yesterday, Mr. Mack
retnlncd consciousness to the end and
made several suggestions relative to hi?
fiineral. It will bo held on Saturday
morning In St Dominic's Catholic Church,
Torrcsdalo, where solemn requiem mass
will bo sung,
Mr. Mack waa ono of the founders of tho
Philadelphia Rapid Transit Company and
of tho Asphalt Trust, the formntlvo period
of tho latter having been responsible for
a revolution in Venezuela In attempting
to ncqulro vast nsphnlt deposits In that
country. Ho was credited at different
limes with being the brains of every big
political movement In Philadelphia, nnd
although mui'h maligned nt times was
generally regnrded as one of the most
forceful figures of late Philadelphia po
litical history.
In tho Centennial year he organbed tho
AiacK i'aving company, which was an
aggressive bidder for nil kinds of paving
work during tho administrations of
Mayors Stuart and Warwick. Forced to
relinquish this source of lncomo when
subsequent work was obtalnod by the
Asphalt Company of America, ho formed
the National Asphalt Company, and a
commercial war followed which cost tho
former company Upward of $25,000,000.
FUNERAL OF JAMES KOHN
James Kohn, who was burled yesterday
from his home, 1931 Moyamenslng avenue,
was u member of the Philadelphia bar.
and waa affiliated with many charitable
organizations and fraternities. Ho was
graduated from tho Law School of tho
University of Pennsylvania 14 years ngo.
Mr. Kohn, who was 40 years old, died
suddenly Sunday na result of a physical
breakdown. Besides hla Widow ho is
survived by his parents, who live In
Brldgcton, N. J and a brother, Georgo
Rolind Kohn, and two Bisters, of New
York.
OBITUARIES
MRS. AMY M. CRAVEN
Mrs. Amy M. Craven, widow of Edmund
P. Craven, and who for 30 years managed
tho Sea Side Home, Cape May, N. J.,
died yesterday at her home, 1412 North
7th street, from general debility. She
was 85 years old. Aa a member of tho
Ternplo Presbyterian Church, and for
many yenrs on tho board of managers of
tho Presbyterian Orphanage, Mrs. Craven
spent much of her time In charltablo
work. She la survived by four children,
Horace G.. Jeromo B. and Georgo F.
Craven and Mrs. Georgo W. Golden. The
funeral services will be held tomorrow
afternoon at 2 o'clock from her late resi
dence.
FREDERICK CRANE
NEW YORK, Jan. 27,-Frederick Crane,
artist and chairman of tho Art Commit
tee of the City Club, died Monday at tho
home of his nephew, Byron W. Baker, In
Jnmalca, L. I., In hla 68th year. Mr.
Crane waa alao a manufacturer and presi
dent of Frederick Crane Chemical Com
pany, of Birmingham, England, and had
Bpent many years in that country. In
art he was noted for his pictures of
mountain scenery. He was a member of
tho Advisory Board of the National
Child Labor Committee.
MRS. JACOB RISTINE
Mrs. Anna Morrison Rlstlne, widow of
Jacob Rlstlne, whose parents were
among tho earliest settlers of Bryn
Mawr, died yesterday at the home of her
niece, MrB. Howard Blng, 21 North 36th
street, following a brief Illness of pneu
monia. She was In her 76th year. The
funeral services will be held Saturday
afternoon, from tho residence of Mrs.
Blng.
JOHN CAVANAUQH
THOENIXVILLE, Pa., Jan. 27. John
Cavanaugh, for many yeara county chair
man of tho Democratic party In Chester
County, died yesterday nt his home at
Planebrook, near here, from Injuries re
ceived accidentally. Ho waa 72 years old
and unmarried.
Beatljg
ANDRE. In Doylestown, Pa., on Sunday,
January -4, 1015, MARY ALICE, wife of
John It. Andre and daughter of Or. and Mrs,
John V. Allen. Relatives and friends are In
vited to attend tho funeral, on Thursday
morning. January 28. at B o'clock, from her
late residence. Requiem Mass at Our Lady of
Mt. Carmel Church at 10 o'clock. Interment
at adjoining cemetery. Carriages will meet
train leaving Reading Terminal at 7 ,30 a. m.
at Doylestown.
AUH11N. On January 20, 1015, LILLIB M
wife of Charles U. Austin. D. Vt ot Toms
River, N J. Funeral sen Ices on Thursday,
at 2 p. m.. at MJI chancellor st, Interment
at Ithaca, N. Y
11AXTKK. On January 25. 1915, ANNIE
OIUICHT. widow of Thomas Iloxter, native
of Edinburgh, Scotland, residence ot daugh
ter, Mrs. Fred W. liemer, East Rutherford,
N. J, Interment private, on Wednesday, at
2 p. m at Mt. Morlah Cemetery,
BUYER. On January 25, 1MB, EMMA J.,
wife of N. Edward Ilojcr and daughter of
lato lames D. and Rebecca Jane Uod, Fu
reral services. Thursday, at - p. m at 27
Wells ave., Ulenolden. Pa. Interment prl
ate, at Mt. Morlah Cemetery.
BROADHENr. On January 25. 1015.SARAH
E., wife of Thomas Ilroadbent. Funeral
services, on Thursday, at 11 a. m., at U71S
liranqywine si. imerment at west l-aurel
11 III cemetery.
ce
BROWN, On January 24, 1015, SARAH
widow or uenry jaciuon
Drown. Funeral
services,
ton, l'a,
round.
Wednesday, at 2 p. m., at Eddlng-
interment in vanaegrut uurtns
heaths
JlltirfcAWSKI. On January 25, 1018, Mt
CHAnL.BRTLAWSKr, ,ln his 76th year.
Relative nnd friends, also Chevre Ahayatti
Chesed and members of Congregation Adath
Jeshurun, are Invited to attend the funeral,
on Wednesday at 10 n m ( from his late resi
dence. 32.10 West Berks t. Interment at Mt.
rarmel Cemetery It l particularly requested
that positively no (lowers bo sent.
ni'fc. On January 25, 191B, JACOB M. DTH
husband of Imogens Bie nnd son of Alfred
1'. and the lato Batah. Uyo. Funersl on
Thursday, at 2 p. m., from 01B7 Rhlnehart
st. Interment Mt. Morlah Cemetery,
CKKAI). On January 2B, , .1S18, . MAItTf
CERAD (neo Robinson), widow of Joseph
H. Ccrad. In her 87th year, Relatives and
friends of the family are Invited to attend
the funeral on Thursday afternoon, at 1
o'clock, from the residence of her son-in-law,
Mr reter Deltr. f007 West Susquehanna ave.
Interment private, at Arlington Cemetery.
COTTMAN. On January 2(1, 1015, AMELIA,
wife of the late George W, Cottman, Due
notice of the funeral will bo given, from
her late resilience, 8035 Tork road.
CKAVKN. On January 20, 1D1B, AMY M.,l
widow of Edmund R. Craven, aged 85 years.
Relatives and friends are Invited to attend
funeral services, on Thursday, the zsth Inst.,
at 2 p. m. precisely, at her late residence,
1442 North 7th st. Interment nrlvnte.
CITNNINUIIAM. On January 24, 1MB. PAT
RICK J., husband ot Mary Cunningham (nee
anllosher), late of Anduragh, County Done
gal, Irelnnd, Funeral on Thursday, at, 8 30
a. m., from 251 W, llogn st. Solemn
Requiem Mass nt St. Veronica's Church at
10 a. m. Interment Holy Cross Cemetery.
DUNNE. On January 22, 1015, TERRENOE.
son of Terrence and Bridget Dunne, of
Cloughlelgh, County Tlpperary, Ireland, Fi
neral on Wednesday, at 8 a, m, from 151S
B 21st st. Solemn Requiem Mass at the
Church ot St. Thomas Aqulnns, at 0,30 a. m.
Interment Holy Cross Cemetery.
D1KISH. On Januaiy 25, 1015, OEOItOn
DYKES, aged 77 years. Relatives and
friends, also Anna M. Ross Post, 04, O. A.
It., are invited to attend the funeral, from,
his lato residence, 844 Union at,, on Thurs-'
day afternoon, the 28th Inst., nt 2 o'clock.
Friends may call on Wednesday ovenlng.
Interment nt Fernwood Cemetery.
nII"i:. Suddenly, on January 25, 1015,
WILLIAM IIENhT, husband of Kate John
ston Egce. Furjeral services on Thursday,
nt 3 p. m at residence of slster-ln-lam,
Mrs. u, W, Hansel). Montgomery ave., Nar
berth. Pa. Interment private.
IT TIERS. On January 25, 1016, WILLIAM
n., husband ot Anna 11, and son of William
E, and Sarah J. Fetters. Funeral aenlcca
nn I' rlday, at 2 p. m., at 040 N, COth St.
Interment private nt St. Paul's Lutheran
Cnmetery, Ardmore, Pa.
rUKIA. NICHOLAS FURIA, 32 years ot
age, of 811 Catharine st beloved husband of
Emma, and son of Mr. and Mrs. Eusebjo
Fiirln, died en January 21, 1015. Funeral
services villi be held on Thursday morning,
January 28, nt 0 o'clook, at the Church of
Our Lady of Good Counsol, Christian st.
aboio 8th.
OUADY On January 24, 101B, ANNA MAY,
daughter of Edward II. nnd Anna Qrady.
Funeral on Thursday, at 8,30 a. m , from
.(l!Mft rAa a, llAlnnin T,nn,,l&. ,. n
Church of the Nrtivlty, at 10 a. m. Inter
ment at Holy Sepulchre Cemetery.
IIAM.IN. On January 23, 1015, ROSE V,
daughter of the lato John and Ellen McCann.
Funeral on Thureday. nt S:30 a. m from
the resldenco ot lur brother-in-law, Michael
Krausc, 2.J0O West Montgomery ave. Solemn
Requiem Mass at St. Elliabeth's Church, at
10 a. in. Interment at Now Cathedral Ceme
tery. II01'rMAN,-On January 20.1015, RUSSELL
L., son of the lato Elijah and Margaret L.
Hoffman, In his 01st ear. Relatives and
friends aro Invited to attend tho funeral, on
Friday, January 20, at 2 p. m preclsoly, from
his late residence. 2403 North 17th st. In
terment at North Cedar Hill Cemetery.
IIOY-IIOUCOT. In Downlngtown, Pa., on
January bs loio, MADELINE D , widow ot
James F. Hoy and daughter of late Xavlor
and Cathrlno Boucct. Funeral from 418
West Main St., NorrUtown, Fa. High Re
quiem Mass at St. Patrick's Church on Fri-
. day, at 0 .TO a. m
HI'NT. On January 24. 1015. CATHARINE
v., wlfo of I'atrlck Hunt and daughter ot
Francis and Isabella O'Neill. Funeral on
AJodncsday, at S 30 a. m , from 1113 Cantrell
ft. High Mass of Requiem at the Epiphany
Church, at 10 a. m.l Intern ent at Holy
Crosfi Cemetery.
JAMES. On January 25, lOfB, JOSEPH, son
of Charlca and Katio James, runeral on
1; rlday, at 2 p. m., from his parents' resi
dence, 4210 Salmon at , Uridesburg. Inter
ment at Oreen Mount Cemetery.
J9,C.lis- Sud(Jenly, on Januiry 24, 101B,
GEORGE W eon of Wilfred II. and Henri
etta Jones, runeral services on Thursday,
at 2 p m.. nt 2210 West Norrla st. Inter
ment private.
KEI.LEY. On January 24, 1015. GEORGE
.. nuii,anu or Margaret Keiley, ot Frank
:?.r(v Philadelphia. Funeral services on
Wednesday, at 8 n. m at 5-KI5 North l.ltli
Jt , 1 ern flock. Funeral on Thursday. In-
... "l ,,iviv, ui. uiiKianu uemtiery.
KELLY. On January 24, 101B, JENNIE,
daughter of the Into Joseph and Bridget
Kelly. Tunerol on Ihursday, at 8 ",0 a. m ,
from 282'! Boudlnot st. Requiem High Mass
at tho Church of tho Visitation, at 10 a. m.
Interment at Holy Sepulchre Cemetery.
KLEINLEIN. On January 21. 1015. ELIZA
J., wire of John Klelnlefn and daughter of
Margaret and he late Thomas Mahaun and
mother of Joseph T. Long. Services on
rlday, at 1 p, m., at resldenco, 210 Dick
inson Ft.
MACK. At his residence at Torresdale, on
the 20th Inst., 1015, JOHN M MACK. Itela.
tltes and friends aro Invited to funeral.
Solemn Requiem Mass at St. Dominic's
Church, Holmesburg, Saturday morning, at
10 o'clock. Interment St. Dominic's Ccmo
tory. MARSHALL. On January 20, 1015. FRANK
E. MARSHALL, nged 37 jiaro. Friends of
the family iro respectfully Invited to attend
tho funeral services on Thirsday afternoon,
at 2 o'clock precisely, at his lato residence,
ilS.14 Wayne ave, Germantown. Interment
private. Kindly omit floral offerings.
MrCI.EN'AGHAN. On January a.1, 1015,
MARY E daughter of Mary (neo McGinn),
nnd the lato Michael McClcnaghan Funerni
i.n Thursday, nt SMO a m . from 20.11 South
Ilouvler st. High Mass of Requiem nt the
Church of St. Monica, nt 10 a. m. Inter
ment nt Holy Cress Cemetery.
3!cCOY, On January 20. 101B, JOHN C,
husband of Frances L McCoy, runeral on
Saturday, at 8 a. m , from 1711 East Mova
menslng ave. Solemn High Mass of Re
quiem at the Church of the Sacred Heart at
O.'IO a m. precisely. Interment at Holy Cross
Cemetery
MrDKKMOTT. At Mt. Alto, on January 25.
1013, JOHN McDERMOTT. Funeraf on
Thursday, aj 7-'I0 a. m from 244 North 4th
st Mass of Requiem at St. Augustine's
Church at 8 30 a. m precisely. Interment at
Holv fro- Cemetery.
1-iVriKitHiiN. On Jnnuary 25, 101B JEN
NIH R. 8. PATTERSON, wife' of James M
Patterson. Funeral servlcex on Thursday, nt
1 30 P. m precisely, at Manoa, Delaunro
Oountv, Pa. Interment at Mount Morlah
Cemetery.
FI.AMf. On January 24 1015, I1ENHARD
Hon of John and Bertha Plank (nee Traband)
x uurint Dn,i, C3 vn IHWrB'lUy, Bfc X P, m. at
2W1 North 7th st. Interment private at
Northwood Cemetery. '
fli'ICKSALL At Mt Holly, N. J.. January
21, 1015, ELIZABETH D. QUfCKSAI.1,
daughter of Ross W, and Clements Oulcksall.
Funeral from 00 Sladlaon ave.. Mount Hollv
N.' Vl" i,,Th,url'!ay' .at - P' m- Interment"
at Mount Holly Cemetery.
RAN'KIN On January 25. 101B. ELIZA.
ISETH S. Klfo of OeorgeW. Rankin (nee
Idell. Funeral services on Thursday, at 2 n
m., at l0!l East Sergeant st. Interment pri
vate, at Greenwood (K of P.) Cemetery
HICIITER On January 23, 1015. nino.
LINE RICHTER (neo Eberfmrd). widow of
Franz X. Rlchter. Funeral services on Frl.
day, at 2 P. m., at the residence of her son
Frank Rlchter. 514 Clinton -t Camden N
r Interment prhate, at Evergreen Cemetery'
RITTKR On January 23. 1015, EMMA M
RITTER, widow of Oeorgo W. Rlttor. Fu
neral services on Thursday, at 1 p. m at
1741 South Water st. Interment at Oreen
wood (K. of P.) Cemetery. "
SIITII. Suddenly, on January 24, 101B
OEOROE W son of Charles P. and Mary
Smith. Duo notice of funeral will bs given.
from the residence of hla parents, 234 East
Ashmcul st Germantown.
SOIITIIItN, On January 25, 191B. JANW
JENKS. daughter of Frank L. and Jane MT
J. soulhrn. Funeral services on Friday
afternoon, at 2 SO o'clook, at the apartmenti
of Oliver II. Balr. 1820 Chestnut t. Inter
ment at Provldepe. R. I. ,er
T(M-W?,r-0&.Janu?y sy l0"- SAMUEL B.
TALaa Funeral aervlces on Thursday, at
DOESNT ANTICIPATE?" "
MEATUS
2. P m , t tho i-.m... r -
Harry A !!. til! "'.". l t k
private. nt Weatm.SstV"?.'".! L bg
" ld& ' orBam.fe'lT'Jr,?0' i10 Uftfl
friend. ii.lz'. rlppe ff.i. PLl
(. on .Friday, the Sth, $ unrffSl
lv, at her ate rcMdene. i ,? "!itrH3I
aven,,e, chmnul i,,.," &1 S
AMW-LASr.SA ii' T:SH
mWiZW.T-:is
itiiiiS B tS 2.L rh.Ttifia."Wmw
ices on Thursday, at 2d m F'Wnr?'
lvmitvt n ... ul
ircw JP: iTalrson'ES
terment private. ' c" and llh ts TO
N. oth st Camden. N. J. rA.JS-. tnmSi'
nmaen cemetery. nnnt at I
It'll ,,! . "-
ias'f
oence, atio Wallace at,, w... "a., .rtiu
po'emn iiequiem Mann at o. """Mphli.
Church nt 10 a, m. int.rL.8''. Arifhih
iffia. " "' "C""ifi
Widows' AsyTiTrn. fir itfitiiA.?' 8- An'.n
John .Willi, and I daughter "SU'i Mo Ja
f.nA M&y Do?m. 0" cSuntr1 Willi! t
rrom 1414 Christian at haUw.- ? I. m J
auiem at St. TerJlvi ChuEn ! R&M
b husband of Mary B Yni,-iiOHCB n.,1
-D5e nStic. of fun,raTw' & HuT'Si
UDL M, ZACHARIAS" Kea 7,' ,!!" 8Al
Uvea nnd friend aro iniiVi,,:fl- U.I
funeral services, on Thursd ,",,B8 Ual
2 o'clock, at his late reslnV. ML "WmI
ton st.
ii. interment pr vats. pviS;:"'!
remains on Thursday; fiVrTu fil
view
o'clock.
CLASJF.?P RATES
.twvi AJJ BUNUAT
1111a uriLH TYFB (or like this) ij
wno insertion ,,,,,... is- .. fi
Three insertions In a week. I laUoKlH8'
Seven consecutive insertions'. 10a Sl!r.
Situations wanted, three Inter- WUtl,
tlonn In ft 1valr . .. 'jt
"W PwUmI
THIS SIZE TYPE (or like th!jj
Permitted In all classifications ,., ?
and Situations -Want.d, Lost and 55$ ?!'
One Jnlertlon ...... ... v 4
Three Insertluns In a wfc. " 7i,i "!"
Seven consecutive insertions.. .lBo SJi!!
All rnl.. --. ,.... PWIUt
14 agate lines to the inch. " ' m",m".
DEATH NOTICES-elther paper
10 lines one time
Three Insertions ,,,,
DAILY ONLY
I
:,
In Effect December J, l$t , '43
COMBINATION -RATW
for insertion In both the morning and ,Talai
papers ox same day: nbj
... . a
rUbLIU LEDGER -a
(MORNING)
EVENING LEDGER "'
(EVENINfll
Add four cents per line net to rates glrn
HELP AND SITUATIONS TVAKTEn1
ADVERTJSINO IN THE PUBLIC LEDQm
MAY BE INSERTED IN TUP. nvpfflSS
CHARGE. WITH0UT ADDIT10nTE
There is a drug store near youll
tinmt tl.it- ...lit A....,...,- T .J r .4tt
.. """ " .h.i.ciji. cuger want
aus at omce rates,
HELP WANTEB EEMALE
Ti.i.a3,S?e;Ahr."f'??'7w
,; ".'""' ."J-y-.."""' . AM- n
o ti i Z "" " xeiepnonea to tat'
mv.m iuitm- every Hour.
CHAMUFRMAID, wash. Iron:
reference. 1320 Walnut st.
small limilfl
CLERK Young wuman. who in ranta ,,
neat penman, quick and accurate at Mrurti1
and on detail, whn nan nn,rnla ariain- n...
chine and calculating machine: salary HO-ltS
tltn Visa TUnn T ... n-.-i.-i ti - -
Chestnut ats. ' -
OCX) KINO and house woirk in
apartment; na
cfrl 1ntnrla
ia unary; lTench or Swedish kI
lady. Room 230, IMbllo Ledger, Wedntiaa,
at J p. m.
EDITOR FOR UTERARY MAGAZlN-tttt
under ' Business Opportunities," ad. "lM.A1.0lm
gunm ia, t,Apt;ri3m:u. etc.. in toqay i ,iiiuaa
HOUSEKEEPER, nrl fnm snealclnr Fr.nftS
Pref.; give cxp wages cxp. F 044. Lea CtnyJ
HOUSEWORK Woman to go to Cap, FS
until April 1, two ladles In family) so luu.
urj. ji , iveuger mnce.
STENOGRAPHERS, bookkecprs an!
clerks can obtain valuable Informa
tion about securing positions by In
terviewing Mlsa Lean at Ledger Cen
tral. See her at once for this free
nriWcc, as tho Commercial Depart
ment is constantly securing good po
sitions for Ledger Adcrtlscrs.
WANTED, by family of threo adults la ofj
near Chclten ave. and MorrU t.8
mumown, near uncnen ae. una jiorrw w
a capable vhlte woman to do cooking snaJJ
general hotisonork Interview M s KeW.'
Household Registry Bureau. Ledger uldrrBI
Bth and Chestnut sts.. Thursday, at 3 cVIocHMI
WOMAN about 30, for position requiring cloM
nttentlon from 0 to 4. must be rtlJnftH
educated nnd prepojseeslng, , best city cre
dentials rather than buslrcss exirfritnce n
eentlal: one willing to learns MUrjr, P
weekly PS5, Ledger Offlce.
HELP WANTED MAX-
THERE Is a wide-awake Drug Store near roj
noma mat viu accept mu. a-. -
nrrirA rates. Ads. are tcleohono to tat
Public Ledger every hour;
HOSIERY riNISHER Wanted, a man hajtly!
had good oxperlence In the packing room
a hoslory mill, capaDie oi taaing care ,
dozen a day; atafa where o" "fST
perlence and glva reference. Addrets I
Ledger Office. -
piilii, jmiumu ot .n-oMi.i-"., .,-. -7, -i.-,,
mono- .to sell notion specUllles "i.'t.'us
on strictly commlsiion basis; jl",-7S
20 pounds. .. State line, now carr 1.3 and bo,
often territory is covereu. ,...,
Box L '---. Ledger OJflc
-T"... .-... .V " -i ....ui., .-. nri rellltit
strapper for a hunting table, who can jHM
W. It , St. JJavwa. ra.
IJVIKMV,,. ".-" -ZIr
no samples. M 443. LedgerCeetr"; -J
SALESMAN with oxperlence .."SjSSJi
shippers In I'lUJadelphla. .I1n.yaMW
morning, air, utter. m -,,i - -
SALESMAN or solicitor onprlntlngcontr.tU.l
on commission: "" l'W!"l.,PT
SSca If possible. B 8.. '-PSJr-rM
BALEsm-NMeTTT-Sear; PgOo-1
co m .nun.cauona cowmwiui. t -
llohla man fa BW PU '
muit Uve ..ood , habit. ,Vefir;l!
i"n.m ?h. 'Pfinc.' F-r-7tur.- ana tW
Princ
i, Pa.
Co., Ilaifeton,
fe: u JM!lPiiffJffiM , - ' . -A
$?. sHaHraBRaHHa-