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EVENING PUBLIC LEDMR PHILADELPHIA; FRIDAY,
JUNE 14, 1918
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GOSSIP OF THE "STREET
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MARKET QUICKLY RESPONDS
TO STIMULUS OF FAVORABLE .
DISPATCHES FROM EUROPE
Brokers Generally Look for Upward Market Trend for
Several Days, Barring Allied Reverses.
Gossip of the Street
TjyORABLB war newt from Europe continues to iiae Its 'effect on
the security market, as Is clearly Indicated by the Inherent strength
which it has displayed for some days past. The speech of General von
Stein in the Reichstag watened In the financial district as the speech
of a man desperately in need of money to prosecute the war and willing;
to stoop to any level to get it. His very utterances condemned them
selves by their extravagance.. As one broker said, the only thing he
forgot was to tell the Reichstag that the German fleet had swept both
British and American grand fleets'to perdition. ,
Brokers generally look for a rising market for some days, with, of
course, the usual reservation of "barrlngbad news' from Europe."
The greatest Interest these days centers .around the steels, equip
ments and industrials, all of which are running at top speed and turning
out record production.
Power Problem Causes Concern
Considerable Interest and discussion was occasioned In the financial dis
trict,! esterday by the announcement on the bulletin board at Sixth and
Chestnut street!) that "the entire war program is being rearranged In view
of secret orders being cabled by General Pershing this week." There
t was speculation for a time whether this meant the war program of the
American forces abroad or whether it applied to the whole western front.
Later.lt was found that this particular bulletin Was. simply a part
of the one preceding and of the one following, nd referred to the request
of 'the war board through President Wilson to Congress for a $200,000,000
appropriation, following orders for war "materials from General Persh'lng
of ..almost o em helming magnitude. This appropriation ,ls to Increase
the power supply to already overloaded industrial centers where such
shortage Is endangering war Industries.
One of the principal reasons for the request for such a large sum Is
In the Inability of bankers to obtain capital to finance such stupendous
operations In view of the high cost of labor and materials, so that Gov
ernment aid is made absolutely necessary under the circumstances. t
is a well known fact that the Government has assisted some power com
panies for this purpose in the past.
Deposit Guarantee Plan Criticized
The National City Company in Its June letter goes Into an exhaustive
t discussion of the measure pending In Congress to establish a guaranty
fund for all deposits in banks of less than $5000, which it characterizes
as "a theoretical proposal and the theory of It unsound."
The guarantee of deposits, it says, truly eliminates J he value of
character In the hanking business and takes away the legitimate reward
of safe and conservative banking. It concludes as follows:
"The hoary old fiction about vast sums of money In hiding which
will be brought into use by making all banks equally sound In the esti
mation of the public, whether they are or not, is trotted out again. These
sums are wholly supposititious. Various expedients for recovering them
are adopted from time to time, but they never materialize. When the
postal savings system was pending its friends represented that hundreds
of millions would be brought forth from under carpets and out of old
stockings and tin cans, but 'those promises were not realized. A few such
deposits were received and are received from time to time by other banks,
but whatever may be said for the postal savings banks as a public utility
there Is rio evidence that they have brought any considerable amount of
money out of hiding. Their .deposits have Increased gradually and regu
larly, although not so fast as deposits in other banks. - ,
"It is very desirable that public supervision over banks shall be made
constantly more effective, to the end that unsafe and dishonest practices
shall be exposed, condemned and rooted out. That is real reform; but it
is a step in the wrong direction to relieve the public of all obligation or
, occasion to discriminate in the selection of a banker."
' ...
Formal dissolution of "the Edd stone Ammunition Corporation, an
nounced this week, is a consequence of plans undertaken months ago by
which its assets were acquired by the Eddystone Munition Company.
t Settlement of the affairs of the former company, which had the Russian
shell contracts, has been in process for a considerable period.
1 The Baldwin Locomotive Works owns the $100,000 capital stock of the
I Eddstone Munitions 'Company! 'which was organized last, year' as4 the
successor company of the ammunition corporation, in which Baldwins
held no direct proprietary Interest. All of the Baldwin machinery em
ployed on munitions work was turned over 'to the Eddystone Ammunition
4 Company, which is engaged entirely on United 'states Government con
tracts. War Finance Corporation Loans
There is no difference of opinion between the bankers of Philadelphia,
as far as can bo, learned, and the twelve representative bankers In New
York who met In New. York on WednesdayUn consultation with the War
Finance Corporation to discuss that 'section of the war corporation act
which states that advances to corporations (desiring loans would. only be
made when the notes or securities of said corporations are Indorsed by
banks, bankers or trust companies, unless exceptional conditions warrant
loans directly from the War Flnarice' Corporation. Such bankers in this
city as have expressed their opinion on the subject are unanimous In
saying that to Indorse the notes of a corporation, especially one in the
, position of asking relief from the War Finance Corporation, would be
the8ame as incurring a contingent liability and therefore not conserva
tive banking-. One said that as many1 ot the State public service com
missions have either refused, or delayed the granting of relief to many
public utilities, It made the situation still more serious. -
BUSINESS CAREER
OF PETER FLINT
A Story of Salesmanship by
Harold Whitehead
(Cewrlght)
Mr. Whilthtad ul1 antictr your nuatara
aurstloaa eii imvfso, ttlUno. aivrrlitinti axil
employment. Atk yovr ovcsfioni elsarlv aflii
mve all tho facta Your correct name anjt
nil awarras mptl B Slimra ID all inrin.5(
Thoeo which are sxnvmwi mutt be tonotea,
Aniiorrv
bu tnalf.
in fni column,
ln of navirrr tctl
ion or ecter runt,
Answtr la (rcsnical aiifslfan will be rnl
:on uiii oe .anvwrrra
matt (itftrrstlti pro fe
ll be iiwirn Into thi
cxv
GRAHAM cams to my door, yesjerdsj
morning and suggested that w gu
down to ths Battery and visit the aqua
rium. Sunday has always been a rather
dull day for, mo so I thought It would
be a pretty good stunt
I dressed quickly, and afUr breakfast
Graham and I decided to walk down
Broadway for the exercise. We had not
gone a hundred yards before I got a
cinder in my eye. I yanked my hand
kerchief from my pocket and In a shsl
terinr doorway Graham helped me get
rid of the trouble.
"Better nowT" asked Graham, passing
back my handkerchief.
"Yes. thanks," Bald I. "What a big
pain can come Yrom a little tpsckl"
He grinned and passed me a letter,
saying. "In jour excitement vou pulled
this also from your pocket."
Can ou beat it? It was the letter
from Rosy which 1 had received on Sat
urday. In the excitement ot meeting
Queston and Plllsbury, those two fel
lows who wanted to see Graham, t
had put the letter fn my pockst to read
when I found time, and had forgotten
It
"Excuse me, old man," I said ''I muit
read this letter. It's Jrom " ,1 was
going to say "my sweetheart," but as
Rosy had handed me the "mitten" I
was not sure where I stood, so I said,
"It's from a friend of mine."
I tore the letter open, and this Is
vUiat I read:
Darling old Tele
I don't know what vou must think
of ine. but oh. how unapt T nan vn-
terday! You know, my darling, vou
own t give me a chance to explain.
ou were so angry. I don't blame
sou. but If vou knew how upset I
was jou would be sorry for jour poor
little Rosv. That joung fellow I was
with Is the son of the floor-walker,
and If I didn't Pal up to him I. would
lose my Job.
Of course, you can't understand,
but when a girl like me Is left with
out a pal anywhere she often" has to
do things she doesn't like Just to hold
her Job.
Do come over to see me on Satur
day. I will wait at the house for
you. Come any time you like and
jou will And waiting for you
Your ever loving, sorrowful brok- ,
en-hearted ROSY.
Saturday! And here It was Sunday
morning and I had Just opened the let
ter, and there was that poor little girl
"Say, Graham, I will have to go
oacK." .
"What for?" he asked
"My young lady friend wanted me t
meet her yesterday and I I well,
when those two gujs called on jou jes
terday I forgot all about her and never
opened her letter."
"When did you promise to meet her?"
he asked, with a bit of a smile.
"I didn't promise, but she asked m
to meet her yesterdaj-."
"Well, you can't do It now, so you
had better come along and I will show
you the devil flsh. The devil fish, let me
say, is particularly vicious only In the
feminine 'species. Lady devil fish have
been known to tear oft the arms or
gentlemen devil flsh, after which little
pleasantry she proceeds to devour the
body of her spouse."
Well, right or wrong. I went to the
aquarium, but I didn't feel at all com
fortable while there. .
We got back to the boarding house
at half-past 1, and there was Rosy!
Her little nose and ejes were all red
with icrylng. Some airls look nrettv
when they have, beivcrytng, but-some-
now or otner ijosy floesn't. She Just
looks "snlffly," ano, t have to admit
that I felt a wee bit ashamed when I
Introduced her to Graham.
automobile associations and one or two
prominent automoblllsu to give jou let
ters of Indorsement With these letters
of recommendation you are able to show
prospects aome reasons for buying.
. Now for the price, r should say $20
to 125. Specialties ot this kind often
cost two and three times, and even flvo
times the manufacturing cost to sell.
That means that If your device costs $5,
It may cost you $10 or $16 to sell It.
lou must remember, also, that you (ace
a rising market for raw materials and
that cost of making may advance to
per cent In the next two years. I would
get salesmen to represent you, on a
commission and have them call on au
tomobile supply houses and garages, tell
ing them that It they will buy so many
the salesman will stav In their territory
until 35 per cent of them are sold. Gu
to some owners and take their orders
tor your device.
It a salesman .has sold to twenty us
ers In a dlftrlct,let him ko to tha sup-
tllv hftllfM hmH V 'lt ttAII U.III K....
forty ot these I will turn over half of
them right away
make full profit1
on which vou will
If you sell to the
Jtnres for $15 or 111 they selling for
fiio idu couia s;ie your salesmen m
commission of from $2 60 to $6 each for
all of your devices sold In their terri
tory. You would perhaps have a work
ing basis when you had figured the
cost to be 25 per cent or 60 per cent
more than jou expected. You will al
ways And expenses on a thing ot this
kind to be much greater than an orig
inal estimate.
(CONTINUED TOMORROW )
DISTRIBUTION OF FUEL
FOR 1918-19 ARRANGED
Industries Are Classified Joint
ly by "war Board arid
. Garfield
UTILITIES EXPECT U.S.,
WILL INCREASE RATES
Fear Financial Disaster Unless
Federal Aid Is Forthcoming
CREEL HAS CHANGED
HIS OLD-TIME VIEWS
Repudiates Articles He Wrote
in Denver Seven Years
Ago
TODAY'S BUSINESS EPIGRAM
Teartul and Cheerful sounded alike,
but what a difference in their effcot.
What does this mean to YOUT
Buiiness Questions Answered
an article I had to sell
I wrote to you some few an ito admit
t artlela I had to sell And Vnil want nn
explanation ot It It la an auto aafaty atsnal
ID1D. On Which T hlVA A TiAtnt nnnnv.
wish to set It on the market and am oulte
anxious to know what It ahould be Mated a a.
o aa not to tote any money but make a fair
profit. It will coat from 14 to 15 to set It
manufactured and ready for market: then
I will have to hire a aaleaman to aall It.
V. A. C
The value of your patent to the user
Is not In the material, but In the serv
ice ,lt renders. Before, you can sell
this, you must show the users that It Is
decidedly to their advantage to 'have
It. See the automobile accident Insur
ance companies, shovy them your de
vice, ask them If they will Indorse it
and also It they will reduce the accident
Insurance) rates on alt automobiles with
your device attached. Then get' some
Wathtnston, June 14
Definite steps are being taken in the
first phase of the Government's pollcv of
segregating war and nonwar Industries
to determine a basis for t.ie 1JU-1919
fuel and material allotment, and the fuel
administration hit announced a general
Classification of Industries bv which coal
will be preferentially distributed
From this classification a list of all
consumers, except householders, which
will reach every manufacturing plant
using more than 600 tons of coal an
nually. Is being complied Jointly bv the
fuel administration and the war Indus
tries board tpon this list future fuel
allotments will be made.
The preference to be observed Is as
follows.
First, railroads ; second, army and
nav together with other departments
of the Federal Government; third. State
and county departments and Institu
tions; fourth, public utilities; fifth, retail
dealers (which Includes domestic con
sumers) ; -sixth, manufacturing plants on
war Industries board's preference list,
and seventh, manufacturing plants not
on war Industries board's preference list.
The announcement makes It plain that
the war industries board will decide
what consumer shall have preference In
obtaining coal, but the fuel administra
tion will assist In compiling the list.
which Is to .be made up from question
naires to be sent to every, plant.
Indications are that this system ot
questionnaires will be used to gain in
formation upon steel and other material
allotments will be made by the war In
dustries board.
Distribution of coal to consumers of
the first two classes will be made from
Washington, while State fuel officials
will handle the coal for other classes.
In controlling domestic consumers State
fuel administrators will Tequlre special
reports from retail dealers.
The announcement adds:
"Under this plan of distribution each
consumer should arrange foC shipments
from the same source of supply as last
year. If diversion of coal tor the war
program or the zoning. system will not
permit this, the consumer should make
every effort to form new connections,
wherever a supply is available, before
calling on the State fuel administrators
"Weekly reports to the State and
United .States fuel administration Will
show the actual shipments
"The plan provides for complete
s j stem of reports for Interchange of In
formation between consumers of coal.
State fuel administrators, districts and
the Unltea mates ruei aaminisirauon.
DRIVER HELD FOR DEATH
Farmer Whose Auto Killed Woman Is
Accused of Manslaughter
Vlneland, N. J.. June 14 The jury
called by Coroner Kruse to Inquire Into
the cause of death of Miss Isobel Gour
lay, who died Monday as a result of an
automobile accident, found that Ettore
Castellarl, a young farmer, of Buena,
driver "of the car, was "criminal negli
gent" In not stopping at the street crossing.
Atlantic Cltj, June K.
Pleading for Federal Intervention
along rate-making lines as the only
means of keeping many of the public
utilities of the United States from the
rocks of financial disaster, the National
Electric Light Association In Its thlrtj
fourth annual convention went upon rec
ord against any world war peace based
upon 'patched up scraps of paper" and
proffered all cf Its property and every
ounce of its resources for the accom
plishment of overwhelming victory
J.'B. McCall, president of the mils-
delphla Electric Company, had a hand, as
a member of the committee on the presi
dent's address. In the preparation of the
pledge of patriotism and declaration for
war to unconditional surrender In Ber
"Government Intervention to Insure
adequate Income Is the .only mesns of I
averting destructive consequences to
publte utilities arising from war con
ditions," declared P. H. Gadsden, of I
Charleston, S C , presenting the report i
of the national committee on public
utility conditions.
"President Wilson has helped the sit
uatlon materially by declaring It Is
ot the utmost Importance to the coun
try that utilities be kept upon the
highest plane of efflclencj'. We have
reports of between 600 and 800 rate In
creases granted since January 1. Relief ,
is coming, but It Is coming too slowly,
and It Is a serious question whether
the companies can hold out. The only
definite remedy for the critical situation
confronting us must come through the
Federal Government.
"If the Government can fix prices for
coal,, leather, cement and sugar, whj
not upon power7 Unquestionably the j
Government has the right. The great ,
question Is whether we can persuade
Washington to exercise that right "
Washington, June 14
Georre Creel, chairman of the com
mittee on public Information, during the
cloilng hours of a two-dav examination
before a House appropriations subcom
mittee, repudiated editorial articles writ
ten by him In Denver seven jears ago.
which members of Congress have at
tacked as socialistic and inlmlcat to
American institutions.
When questioned about these articles,
Mr. Creel explained that thevvvere writ
ten In the heat of a campaign conducted
by the newspaper on which he was em
plojtd. and that they did not now repre
sent his views.
Members of the subcommittee, one or
two of whom have been among Mr,
Creel's bitterest critics, Indicated after
ward that thes were satisfied with the
explanation, jhey are considering an'
estimate of $(91,000 for the expenses
of the committee, en
durlna ,thecomlna- Tear.
been taken, buftt Is expect
of the Items In the. budget, wlfl
proved, v. -( i
Mr. Cieel was asked whether Jt
trUe that a. representative ofvMslv
raittee In Mexico City had, abUSfd'f
position In connection with therott
addiess of President Wilson to Mx(o'
editors and thereby made It posalbM
one newspaper In the United 'Stales
mibllsh the address In advance'.of.'l
time set tor Its release. He sal!
would Investigate and If the ch'
proved to be true the representative
Mexico City would be dismissed.1- ,j
Committed for Trisl as Sleeker
Lancaster. Ta.. June 14. William
Gebhardt, twenty-four years eld, of Cole
manvllle. refused to register with his
draft board, asserting that he was not
going to bother about the war.
United States Commissioner Lowell gav,
him a haaring for falling to register and
In default of .ball committed him to
Moyamenslng prison to await, trial In
thi United States District Court.
- ' "Passed as not 'incompatible with the interest of the United States,, but
i
without approval of the merits, security or legality. Opinion No. A. 138, (Sgd.)
Capital Issues Committee of the Federal Reserve Board."
$5,500,000
CITY OF PHILADELPHIA
Philadelphia Arrivals
at New 'York Hotels
r.TAf.foilo"CllV1 r'ynt or Philadelphia are
registered at New Tork hotela.
J a. Amnion, Herald fiquarr.
". S Avll. vValllck
V Jy Beauchamp. Continental
i, O. V. Clarke, Oreat Northern
m. ?. 1. v "Xk'- Q"t Northern
Miss Cnatian Colllnswood.
I) It Rh . V-tv Vlri..
i- 'J. t5f.rr- "erald Square
V J?.ll"lJ?B'n- Herald Square.
' B Plte. Breslln.
J. O .Howe. Continental.
J B Houch.es. Continental
r. E. Johnson, Marlboroush.
J Kane. Herald Square.
H. Ixmseope. Orand.
J J McClaj. Marlborough
r McCuIly. Grand..
K U Mllltr. Herald Square.
! ,'.' Peabody. Qresortan.
L. O. nte, Naarre
;', S.rvR,ct Marlborough.
If. Schuesaler, Orand.
J X 8ensman, Grand
J Bsatty. Jr. Vtalllck.
H. Holllngsworth. Churchill.
K. p. Holllngsworth. Churchill.
1. Klmbcrly. Park Avenue.
F. Lawrence, Union Square.
r Llndeman, Aberdeen.
v. j. Maxucn, Albert.
K A. Nettinger. Breslln
K. R. Wallace. Park Avenu-
.1 A Warburion, Union Square
H. Welntraub, Broadway Central.
H D White. Walllck.
A. vvillyelm. Orand.
A Baunstcln Cumberland.
If. Bell, 8t. Francis
Mr. Bennett. Endlcott
Mr R. Peters. Martha Washington.
Trade Renresentatlree
ann & Dilka H. Hall, men's fuml.hinv
goods. Herald Square Hotel.
Corrsln Bros C. fl Wood, Jobs wash
allk dresses. 1170 Irroadway. Room 610
Blauner a Mr. Kamholr, dresses. Miss
Weiss, fall sweaters. Miss Ash. Jobs linen
suits. 15 East Twent-slth street. Room
J. 'vyana maker Miss M. McMahon wom
en's cloaks, suits, skirts, costumes missis'
suits and coats, Broadway and Tenth street.
PHOTOPLAYS
rHOTOFLAlS
CTD A Mf-i OERMANTOW.V AVE.
-..1.1.i"i:rr.. . -. AT. ve.vanqo st.
U LOVE AND WAR
The Stanley Booking Corporation
THE following theatres obtain thslr pictures through ths STANLEY Booking
1 Corporation, which Is a guarantee of early showing of the finest produc
tions. All pictures ratlewed before exhibition. Ask for the theatre In your
locality obtaining pictures through the STANLET Booking Corporation.
in
DATED MAY 1,1918 .
)
454 BONDS
Interest payable January let and July .let
FREE FROM STATE, TAX IN PENNSYLVANIA
f . ' , r ,
EXEMPT FROM FEDERAL INCOME TAX
NO CERTIFICATE OF OWNERSHIP REQUIRED
IN COLLECTING INTEREST .
This is the only issue of Bonds of the City of Philadelphia, now outstanding,
bearing interest at a higher rate than" 4.
PRICE, 103Vs AND INTEREST, YIELDING NEARLY 4.30
FIRST NATIONAL BANK REILLY, BROCK & COMPANY COLQNIAL
J
. II
. -. II I
" II
II i
I
V , DUE MAY 1, 1948
4 I
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II
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AIL.-.U'-.- 12tb, Morrla I Passyunk Ave.
Alnambra Mat.DalIyatS:Eas 0:5D
CLARA KIMBALL, TOUNQ
In "THE REASON WHT"
A DOl I !" o2b AND THOMPSON STS.
PiTKjLUJ, MATINEE DAILY
MiRT PICKrORD
In ''Amarflly ot Clothesline Alley"
ADiArUA CHESTNUT Below 16TH
AKwLl 10 A. M to 11:10 P. M
nvnnnv. "f rflHAV
"HIT,THE-TRA1L HOLLIDAT"
EI 1 imlDn BROAD STUEET and
DLXJCDtU HUSQUKHANN'A AVI
MART PICKFORD
In "wuiaa-
rUDDrCC MAIN ST.. MANATUNK
CIVU IUaU lUTIM
OLADTS HROI'KWBI.l.
in "HER ONE MISTAKE
M.VTINEE DAILY
FA1RMOUNT S6V.,?1!SA5?I,'
JACK PICKFORD and LOUISE HUFF
jn 'ns MAJESTY BUNKER BEAN"
C AnIll V THEATRD 1311 Marktt St.
I AIVllLiT 9 A. M. to Midnight.
in
F.I.T.i HAT. I.
"WHICH WOMAN?"
CTLJ CT THEATRE Below Bpruce
JO In 21. MATINEE DAILT
WJI. KAK-SUM
R'l
In "TRUE BLUE"
GREAT NORTHERN
Broad St. at Erla
2 0:30 t.0 P.M.
MART PICKFORD
in "riiaa '
IMDCDIAI OOTH WALNUT 8TS.
lMr CtNlML. Mata. 2 30. Ems. T 4 0.
8TAR CAST
" In "WOMAN AND THE LAW"
LIBERTY broadm?c?.la AV"
333 MARKET g2fF,31$
, REX BEACH'B P,M'
"HEART OF THE SUNSET"
MODEL i2S 8r?V?,H 8T- Orchestra.
isiwiu. Continuous 1 to 11
CHARLOTTE WALKER
in "JUST A WOMAN "
PALACE 12M MARKET STREET
7 i ZSANN,8 'WARD- " "''3
in nir. iei UJW TICKET"
PRINCESS VAMSn
REGENT MAnKET j?V ir
CHARLES B " t0 " M.
In "HIS OWN. HOME TOWN
RIAI TO' QERMANTiOWN AVE
In
mTA"?.sTKiSP,0ac- ST.
"THE TRAIL TO YESTERDAY"
RIVOl I 8SD AND SANSOM fi-ra
In "THE MATRIMANIAC"
RUBY maka8Vpm
ENID BENNETT ' M'
In "THE GREATEST SHOW ON EARTH"
SAVOY 12U MARKET STREET '
In "A OAME WITH FATE".
STANLEY MARKET ABOVE 1TH
in "DE LUXE ANNIE'!
I C TVO tST ft LANCASTER AVE.
LCiALCJ Matlnea Dally
JACK PtCKFORD . I
In "11ILE.A.MINUTE KENDALL' I
VICTORIA WmJV
inc punanc ot Ljvorce
H -E A T R F
OWNED AND MANAGED BT MEUBERS OF
THE UNITED EXHIBITORS' ASSOCIATION
5ELMONT S2D AB0VE MARKET
Geraldtne Farrar ln
THE DEVIL
BTONE"
CEDAR 00T,, CEDAR AVENUE
FANNIE WARP ' ' 0NT?jJiyEt4..
COLISEUM rk,t .r9otDATW,',
MARY PICKFORD
in
M LISS"
Gtn. Maplewood Avts,
' 2:litandS!l5P.U.
FRANKFORD -$8g&"
Scmuc Hayakawa tn "Ih vnita
Man's La.w"
IUMB0 TR0.T,8T:. G'RARD AVE.
juuwr jumbo juct,0. on Frankfort "ii
Henry B. Walthall ln '' ."
of Honor"
KNICKERBOCKER "h
WM. S. HART " 'HB ArosTLEH
niihAiiniu OFVENOEANCE"
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i ii LAUNCHING U. S. S. "TUCKAHOE" WB1 11
BU1LT IN DAY8 mSm
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Every Philadelphian
Should Thrill at
a Picture of
a Ship
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It emphasizes the tremendous force that
metropolitan Philadelphia is putting into
the war
Over 75,000 men are now employed here
in shipbuilding. '. "
Conservative authorities estimate there
will be produced here this next year 474
ships on 158 ways. . , .
Over 2,370,000 dead-weight tons.
The cost of the Panama Canal to Nov- fn
emoer l, iyi, inciuaing iornncanons, was ;
$427,000,000. '
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Estimated expenditure for shipbuilding
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in Metropolitan Philadelphia this next yearW-
k $414,750,000. v ,Ti
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Do not let these figures "go in one!car
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ana out oi mc umu tucy mean mucnio
the business men in Philadelphia. ' ;l&1
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We repeat an advertisement weitfp-il
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CORN EXCHANQR
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I OT! 1ST MD AND CUST BTREETS
LVA.U01 Uata'SO SUO, vs..J0t,u
Marguerite Clarlt(.RIJ8T VAn
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EUREKA iV?H MARKT "Tg- ,
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GEORGE WALSH ,
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NEW YORK, PHILADELPHIA
WM. S, HART " "aKUhmrJaMMl
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