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UBLIO LEDGER PHILADELPHIA, THURSDAY-, JUNE 27, 1918
PHILADELPHIA MARKETS
GRAIN AND FLOUH
I'J'tf. fnnr brnnrifl of nrlnta JnbWrnr nt
rilft.VlPt ihnlre itl ."iir fair to Roml. 4it?MDc-
iwuw-i' ine Ptntk .n in a owl ilf-maml nnn
fc ITc pr
POULTRY
WIIKAT tterdpts, nil." bushsls. Supplies
nrv smtmii ii. ......, ... .. . ..
rV- '"" 'I'iuuiuoni nrc ss nniuHi nrm under limit rirTerinfiR. (jtintntlnns Ires
h1!.'0'." ." "Port elevator !nvernm-M rases r.cnrby firsts lit 7nn,i I -, wr sinmi.
I.n2 r" "'Pecllonl. atRmlanl trice" -No. l'ril raw rnrrint receipts 111 !.. ffl it An per
l?.u.,,5'v",,"'LnB -;.'. '..'V. ,hl"1 .w,'i,,?r' "" estern rtM firsts 11 Tuttll s.-, per
i. -. Ji , . . . i - .. ' . ,. '"ee nrsis 911 nitni -j.i per tasi rmirv
); V 1 .. ;.'vi ' -- u'. - -- seircicu eggs uere joLUinR nt Jo
son. No. I, $.B3. No J, la.vs. Minimum ilortn
inrn ntu tinier. o ;i, y.''jii io. h,
fS.IH. do. N"o 3, $2 tr. do, sample erad.
S.n4(3LM3. noft. No. a. S III do. No. 4.
inSi?.0;.20' 3' 2-,ai aa' "niplo grade,. I.I T. Fowls sold folrlv and ruled verv
"bi:i' L . . . . .. nrm HnrlriB rhlckens were more plentiful
Special maximum prices only lo be ap and asaln ensler llh demand Itsht Quo
Piled when the other nuntltles In tho wheat tntlons. KoivH. .Iir34i sprlnit dilrken. not
ro high cnousli tn warrant It , I Leghorns Welehlnit 1". BL' lbs apiece. 4W
' wheats Minimum price rontalnlnx I SLY: notching t?l lbs, aplere, 4."iT4Te;
13.1 per cent moisture to 13 Jpir rent moist-, White l.mhorna, arrordlnir to tire, 3SW44n,
ure, 4c under No 1 or No. 3 red. t2.M; No. 1 atarsv oun rnoi-tera. J.Tmsiip. old roraitera.
? "ii -'d' "2t. Maximum price contain-' i-jessc, dwk. I'ekln. iST3()c. do Indian
in J3 1 lo 14 per cent molelurc. Ec under Kunncr. BiltfL'Tc: RUlneno per pair. tl.3."
J;0;, I or No. 3 red, $3.52; No. 3 aoft red, 1 JS, plEeonn. old per pair, 40ST45C do,
-!-( 1 IJounir per pair, "JSCaoc
No. n nheata Maximum price contalnlnc 1 .DflERSEn Kowla In pood demand and
not, oer 14 3 pr cent molmure, no under I firm. No thance In other ripurilntlnna The
No,l or No. .- rd. 12.21; No A noft. S'.MO. ciubtntlona are na follnna. Freti-Illed fowls,
Maximum price containing not ner 14.7 per ' In hbls . fancy, dr-plrked fancy se
cent moisture. 7c under No, 1 or No. n red. lected, 34 r, weighing- 4 lb, and o-r
$2.20, No. 3 soft red, $2 1ft. Maximum price apiece, 35p, smaller sl7es. 32(Q34c. old rooit
contalnlnc not eer IB per cent moisture. 1 ters, dr -picked, 2(ic: frozen roastlns chlck-
c unuer AO. I or No. 5 red, 72.lv; ,0. 0 1 "" western, in oitps, wciBninp -t i ids, ana
Soft red. 2 1
Sample wheats Handled on merits, but In
no caso shall price be hlRhcr than 4c under
No. 1 of the subclass represented.
Smutty wheats Value shall be determined
nv each sample basis of the class and sub
class. CORN Receipts. 1173 bushels. The mar
ket was quiet, but Arm, with llnht offerings
Quotations: Car lota for local trade No. 2
jellow, 11,7801.81); No. 3 cllow. Jl 7flif
' OATS Receipts. f32."f) bushels. Demand
was fair and price- advanced 4c under
HaM ofTerlns. Quotations: No. 2 white.
e'nWR'lio stendarrt vhtte. RS'i WRPe: No 3
white. 8SffNS',4c; No 4 white,, 8H4S74c
, lI,OL'lt Rerelpts. 13R.474 pounds In
sacks. The market ruled firm, with ery
llpht nrferlnps Quotations To arrhe, per
l!n lbs pntked In 01-11) saiks Winter
wheat. 1IMI per cent flnlr. lin7."Wt1: Kan
sas wheet. 10(1 per cent (lour, Jll.trilfMl r,0;
sprlnc wheat tun per cent flour l('.7."ill
' IlYn PMIITt wes nulet. but stendv. We
ctuoto at lloeil.SU per bbl.. In miks. r
to quality,
PROVISIONS
The market ruled firm with ft fair
jobbing demand. The quotations are:
Ity beef. In sets, smoked and alr-drled,
?c western beef, In sets, smoked. 42c;
city beef, knuckles and tenders smoked and
alr-drled. 43c: western beef, knuckles and
tenders, smoked. 43c. Beef hams. 4R.
I'ork famllv J.i2C?S"t. Hams. S. P. cured,
loose. 284 03014c. do. skinned, loose. 28H
W294c: do. do, smoked. 24l304c; other
hams, smoked, city cured, as to brand anfl
meracc. 2T' ff3()4c; do. smoked, western
cured, 20U W314c: do. boiled, boneless. 45e:
picnic shoulders, s. I cured, loose, 214c
do. smoked. 224c Hollies. In pickle, ac
cording to a crape, loose, 32c. Breakfast
bacon aa to brand and average, city cured,
40e: do, western cured, 40c. 1-ard, western,
refined. 2ftiAW20c; do, pure city, kettle ren
dered. 254 20c.
REFINED SUGARS
There was very little offerln and the
market ruled firm on a basis of 7.SO0 for
ftno granulated.
DAIRY PRODUCTS
ninnsn-The market ruled Arm under
scarcity. Demand was fair. Quota
!.'0iT.V:w Tork. whole-milk, fancy." fresh,
e-'ls C244c; specials higher; New rork.
whole-mllk. fnlr to Rood, fresh, 23f24c
HUTTKR There was a good demand and
the market adtanced lilc under moderate
supplies Quotations: Solid-packed creamery
extra, 4."e. Irlgh-scorlnir Roods 4HS?4Se: extra
firsts. 4l'c; firsts, 4344c; seconds. 41fl
oer apiece. 37Ct38c: do. weighing lbs
apiece. 31c, do. weighing 34 lbs. apiece, 3Sc,
do. uMshln 2UW.1 lbs. apiece. 34c: tur
keys neaiby, drv-plcked, best, 33f34c; fair
to good. 2SP30c: turk;s. western, dry
picked, best, 32034c; fair to pood, 88(1 30c:
lurkes. old toms. 34c; do. common. 2S2,c;
spring ducks. I,ong Island, 3S(rf31c; squabs,
per do7. white, weighing llfflrj lbs. per
doz , JS0i.2S; do. weighing 0010 lbs. per
doz., J77 SO. do, weighing 8 lb, per
dox.. SOWil SO, do. weighing 7 lbs, per doz.,
JISOHS; do, weighing 0(304 lbs. per dor.,
SSI' 4; dark, (1 5002.50: small and No. 1,
il 02.50.
FRESH TRUITS
Cantaloupes wort again Armor Olhrr
fruits re ppiirrnllv utrndv Quotatlonn
rancpfl aa follows. Apples, new, prr hum
ppr. tl .'rtwaM IVnr-rji. Oenrjzia. per M
tiankei cnrrler. Jl "?& '2 7.". !iinn. pr
box. $7 2uf?I. Oranife-i Catlfornla. per box.
41 vu Oranefrult, I'lorMn, per bo. 130
4 T,. rineapplcfl. Porto Illco. per rrate. 2
3Ti; tin rinridi. ppr rrate. $2(1: dn 'uban.
per irate ?2 7oC. Hlackberrte, Delaware
a nil Mar.land, per nt 1 r (f i J() llunm
(Jearsin. per carrier. J.TSa.TiO Clierrlei,
California, per box, Sl-ff-l. Aprlcotn. Cali
fornia Pr rat. SSlt.1 .0 Cftntaloiiprft,
California, per standard rr.it p $4f14.rtO:
do. do. per ponv rratp. SS.riiCrM. do, do,
Tw-r t1t rrntn $1 nnrl 7S. Vternieloni,
Florida. pr 100, $59 S5. do, ilo, per car
load, $Li5Vfin(i.
VEGETABLES
rotator ruled firm nnl Kain hlclipr
under IlKht offerlnB and h nood demand.
Othpr eetablf a wer In moderate request
at revised flRiire. Quotations White po
tatoes, Norfolk and Kastrrn Hhnr". per bbl.
No. i, $.- .".uii. no, s. j.r.nffrn whito
potatoes, Houth Carolina and North Cnro.
llna, per bbl No. 1 I.Tfi.ir.n; No. 'J fliQ
a no. White potatoes. Florida, per bbl
No. 1, jntfiU, No. 'J. S2ftl' rn. Sweet po
tatoes, Jersey, per hamper No 1, $2,t'0W
3; No. 2. JI.'J-iwTt 75. Ipnlant. Florida,
per box. M.."off 2..10 do. Norfolk, prr flfi-nt
t rate, $4ffS4 TiO. Cucumbers South Caro
lina, per hasket. $12. do. Norfolk, per 4
bbl. basket. $1,7.11 2 . I'orn, Louisiana,
per bbl,. JSiyTt. Pepper. Plorlda, per crate.
$1,. "ill 2.2.1. Tomalops Mississippi, per
rrate, 73c$1.30 Cabba-re. Kntent
Shore, per bbl. crate. $l.rni?f a.'J.'i; do. Nor
folk, per bbl. crate. 51.."0fir3; do. do. per
niii., ji'ffi:, unions, Texas, per rraie, ii r.u
fT2, do, Jersey, per --bush basket, 7.1'S5
POc. Mushroom', per lb., l,"i?ft0c.
CHICAGO BUTTER AND EGGS
rhlrnco. Juno 27 HfTTBIl Itecelpts,
11.4A4 tubs UnchanKed
notlS Itecelnts. PJ 7.rt cmes Unchanced
BUSINESS CAREER
OF PETER FLINT
A Story of Salesmanship by ,
Harold Whitehead
ICopvrlahl)
.1r. ll'jlfrirorf n 111 nn.irr uour hit.hiess
Questions oil luutttOt srlliitf, aill'crttsino and
imiHovmrni, ,k iotr qiifsnoas clrarlu oiirt
olt e n!f the fnctn. Your torrcct name id
lull nrfrfrrss tnuit br sffftlrrf fo all fnofrlrs.
77ioe t(ifr arr nnoniniotit must be lanorett,
.timccri fo trchical ouesttoti, itlf be sent
hu lonlf. Other owestlorts u IN be nastcfrert
in fils coruMiii. The most fnfrrrsflttff prob
lem of (itotilrers tc-fff hi u'ovrn (sto fhc
Hon o Petrr Hint
exxvr
finished worklnu with
erry. Ho nnn hli crew Icae for
nrle, Pn In tho morning. Four or Ave
of the fellows left him while here, po
(lurlnR the lost week 'he has been In
tervlewlnR salesmen at tile Imperial
Hotel, Just as ho did In Boston when he
hired me.
When he Rave me my money lip shook
hands and K.ild 'I don't know what It
i about j ou, jounR man, that I like!
You certainly are a fool, and I think
your mind runs on hat bands and gets
stuck at the knots ecry so often. And
yet I like ou, no I Just want to slve
ou a bit of straight dope.
"I believe that If you want to, you can
ro quite a distance tin the road to suc
cess, but you'o cot to forget the
troubles of one day and keep our eye
WELL, today I
Perry. He a
fon the end jolt are working for You
Know. If j on think more of sneaking oft i talking atintit her tn mm,
told that dope so often I'm sick of it.
No, not by you, but by other guys."
"Hml Ko jou have been told dial
several times and still you ta:e no
notice."
"It's all right for jou guys who iao
got there to talk that highbrow tu(T,
but I het when you were my nge ou did
the same thing 1 do, and what's more,
I'll bet when 1 am your age t will be
Juxt n- well off as J oil are."
"In that case, young man. there Is
the door," and he turned and left me.
Lord' How 1 wish could overcome
this habit of fllng off at the handle'
I bet old l'erry meant to be decent lo
me, Rnd he was decent,
I was reflecting upon this Incident
and the general muddle T was making
of things while I was brushing my hair
In front of the mirror, getting ready to
go to Newark to hae a chln-fest and
do n face-Ailing stunt with nosle.
"The trouble Is," I snld out loud to
my reflection, "that you are Just a plain
fool."
"Second the motion !"
I Jumped around as If I had been shot.
There was Graham standing In the door
way '
"CJee, but you scared me "
He laughed. "What was caire of that
little epithet you gave yourself?"
I told him what Perry had said and
how I had flared up.
"Well," said Graham with a twinkle
In his eye, "far be It from me to con
tradict a man In his own opinion of
himself."
Somehow I don't know how to take
that remark
"Where arc you going tonight?" he
asked. I told him 1 was going to
Newark.
"Going to see that let me see, what
did you say her name was?"
Itosle Lever." Somehow, I felt cheap
--y jfK
GOSSIP OF THE STREET
for a couple of hours and going to a
moi.le than you do of working for
results, jou'll never get anywhere.
"1 know that of a hot day It Is pretty
tedious to plug away on a house-to-house
canvass, hut every time you sneak
off like that to get a little hit of fun,
you knock nut our day's business, nnd,
not only that, but ou are sure to lose
your Job before long."
I was Just going to say Indignantly
that I didn't sneak oft any afternoon,
but he got there first and said: "Now,
don't you He about It, young fellow, 1
know you l.avt been off several jfter
noons. "Every day you will have some things
you won't like to do. Tho bulk of these
things ou can dodge If ybu want to,
but the fellow who Ir dodging the un
pleasant Jobs alwas manages to dodge
tho good Jobs somehow. So you will
have to learn to glxe up your little bits
of fun I suppose you call It fun nnd
find out what it means to put In a good
da.'s work oery day.
"Another thing! You will have to get I
over having those fearful fits of sulks.
If any one says anything to you gosh ! j
Oft goes the lid ' You don't know how to ,
j stand being criticized."
Aw cut It out !" I said. "I've been
Hm' Well, I hope ou will enjoy
yourself,"
I didn't like the ncccnt he put on
the "hope "
Then he said, "Here are a couple of
letters for .ou."
One was from Lucy. When I had
read It I passed It over to Graham, for
In it she had written:
"Remember me particularly to your
friend, Mr. Graham. We all think he
Is lovely and that vou are lucky to have
him for a friend. Bring him up to see
us again soon, will you? I (and then
the "I" had been crossed out). We will
be glad to see him any time."
I had to hurry awrfy to catch the tube
for Newark and It wasn't until I had left
Christopher street that I realised lie
hadn't given ine back Lucy's letter I
hadn't read. That letter certainly got
me into a whole lot of trouble, especially
when llostc got hold of It.
TODAY'S IlL'SINHSS I'ritlRAM
The habit of prorraiHnation post
pones success.
What does this mean to YOV?
Announcement
- "
of Reorganization of
Beam Fletcher Corporation
NOW
Beam - Fletcher Transportation Co.
A $500,000.00 Corporation
Also Change of Philadelphia Receiving
Station from 525 to 426 Market St.
DAILY MOTOR TRUCK EXPRESS
Hauling Miscellaneous Freight Between
Philadelphia Baltimore Reading
Easton, Pa. Allentown, Pa. Bethlehem, Pa.
New York
Washington
SHIPMENTS TRANSFERRED
At New York for Brooklyn, iioboken, jersey city, newark. points in
" CONNECTICUT, MASSACHUSETTS, RHODE ISLAND.
RECEIVING STATIONS
NEW YORK Cor. Dey and Washington Streets
PHILADELPHIA 426 Market Street
BALTIMORE 20 East Pratt Street
READING 1 2 Nortn 6th Street
EASTON Ferry and Sitgreaves Streets '
Operating over 50 Five-ton White Trucks Open and Closed Vans
BEAM - FLETCHER TRANSPORTATION CO.
Also Local Rental and Contract Hauling
Sew I'ale Cards and Automobile Road Maps Upon Request
Poplar 6400
-
i ii
Phlla.
Phon:
Market
201
VMERICAN
MOY0Rp FREIGHT
Corporation!
TIO AICH STREET
Freight Forwarders to All Points
Eleven
Washington
Place
N. Y. City
Sprine 8324
Express Motor Service
t Between New York, Philadelphia and Other Points
5-Ton Sterling Motor Trucks are making these trips from Shippers
to Consignees' DOORS
VK ALSO IIAVK A UOVT I'l.YINO IIKTWKI'K NKW YORK AND rilir.ADKL-
rUA TWICK A HKEK VI CANAI. ON WHICH VK WILL QLOrE
(JI'KCIAI, TRICK. DK.LIVKK1K.S Ab AUOVK
INQUIRIES SOLICITED
Champon Motor Delivery Corporation
273 South Sth Street
JiXTsI 3I" . Philadelphia
LIB
ipviW
PvVr
FWTkTi -i
TBANS
CLAR
GENERAL
Careful Uaodllnf Quick Berries
TY
TATION
rALKER
MANAGER
HAULING
Local and
Long-Distance
No rnstttr what Ihs toad. w ran tiandla
H. Satisfaction cuarantted In rvrry rrct.
: slwulutM M4 ram w-oa
U1IJITY TfNSFORTAT,KlN.Cp.
MOTOR FREIGHT
iNEW.YORK and
serviceIphILADELPHIA
--ton Whlta and PlerccArrow Trucks
r collect, and deliver anrwhers In the dt.
HINSDALE ' EESJSgSP
RECEIVING STATIONS,
, ,4 Market Street ,
MiF -1 WIH""m "
Business Questions Answered
How ran I crt In to nhow tho 11 of th
rich estate uhat rxpprlpnrr- p.hoMi mlpht
niakn, her pnthui-faHtlf. but who wnA "
nppd no bnMh. "bu " "out " He I
hne got to ift wher 1 an j11 morn $3 r.ll
ahowor bath brmhra (It n tlno nrtlclp) to
thoi who aUmlro. tint itr imprpseprl a
little too much by tho 3 ."11 You didn't
neem to approve of IVter Hint's house-to
house scheme, but don't ou think a fine
line like nilne Is a Rood place to work from,
up to a high-salaried salesman's position?
My father has a housefurntshlns;. novelty
nnd toy store tn New Imdon. and has been
forty-seven ears In business and probably
won t keep going much over ten ear more.
He does not have the confldemp in mvself or
older brother (or any one) to let us be much
more than common clerks a Job we have
worked at a few eara for him, but It seems
much more profitable to go outside where we
can get more money. He now has two
clerks, the best getting til). Any advice will
bo appreciated M II (.',
' I am not publishing that part of jouri
letter relatle to II. S., for jou will I
realize that this Is not of Interest to
tho readers of "Peter Flint In
cidentally. It would be of no use Klvlnc
you H. S.'s address, for I understand
that he is now f.atis'fnctorlly placed. It
certainly Is a dlfllcult thins In a house-to-house
canvass to pet an opportunity
to sell to a woman who lieeps a maid
Have ou tried an Introduction of this
character:
"Good inornlnj-, miss. Will ou pleas
tell Mre. that I hae brought
that sample hath brush for her to see?
Had I better take It to her, or shall I
wait Inside until you give her my mes
sage?" This may do the trick, as the maid
would probably think you had called by
appointment If she returns with the '
messago that Mrs. cannot see
you, send the bruh up to her by the i
maid, and nt the same time ask permis
sion to show Jier how It works. More
depends upon jour personal appearance
and manner than upon actual words.
If you are well and quietly dtesseil,
courteous and gentlemanly in manner
and have that air of dignity and Im
portance which tho successful business!
man has, you will create a feeling of
respect and confidence which will win
you Interviews In places where you1
would not otherwise have a "ghost of
a show." I don't wholly approve of
Peter Flint's house-to-houo schemes,
because they are not constructive. Tlv y
don't lead to an thing. If your pres
ent line will lead to an opportunity to
i bigger things, ery well; but If your
I work is not constructive you are merely
I Killing lime anu iiviiik irum nniiu .
I mouth. Succest, in business Is not
i measurer! bv what v ou can make today
or this week or tills month, but by the. .
regular Income you will command ten i
years hence. If you are working on j
a Job where your Income ceases th I
minute vou ston working, your bread
and butter depends upon your health i
While you are young this is all very j
well, but wnen you gel a on oiaer you .
want to be In a position where you will .
have an Income aa a result of your i
j ears of work. This is why I am op- i
posed to tjead-end house-to-house can- i
vass Jobs. I
' Your father may not have much con
fidence in you or any one else, but ho '
Vina a business, hasn't he? Will you
have a business as early as he-did whllo
ABILITY OF STOCKS TO RISE,
DESPITE CERTAIN INCREASE
IN TAX, CAUSES COMMENT
Advance in Leading Issues Attributed to Country's Pros-
pcrity and Ease in Money Situation.
Gossip of the Street
BANKER remarked In a discussion of yesterday's conditions In the
Investment anil stock markets that the most rrmnrkublo fact In this
connection Is the ability of many well-known stocks to ndvnncc In the
face of the certainty of heavy increases In taxes. Knse in the money
situation and the unprecedented prosperity of the country were siven as
the main reasons for the present conditions, ns it Is well known that busi
ness concerns arc beinf- conducted on a basis which will leave handsome
profits after all charges nrc deducted. This reason was nlso given as to
why the Investor was In the stock market and the speculator was not.
Thero seems to he a tendency amoni speculators to hold off for a. little
until Germany makes her next move. She has invariably commenced her
former blB offensives nt a point which was unexpected by tho Allies,
but It Is doubtful if such a point can be found on the western line today.
The speech delivered by Llojd Goorpre on Tuesday, in which he spoke
of the Impending drive, had the effect of creatine a waiting attitude
anions both Investors nnd speculators, but the continued strength of
fhe stock market Is proof of the confidence in the Allies.
Rock Island Dividend Helps Rail Prices
Brokers said the upward trend of the lailioad stocks was due to the
paylns of the dividend b.v the Hock Ihl.mil Hailro.id. Some of the most
conservative brokers advised their clients to take advantage of the quick
recessions in prices to buy, ns they believed this n rising market.
The authorization by the railroad administration to the Itock Island
Tlailroad Company to pay its regular dividend was received very favor
ably In the Street yesterday. Bankcr.s and brokers were virtually 'unani
mous in saying that the effect on other tailroad stocks would be seen
soon when itnestors commenced to realize what this action really means.
Indeed, tho effect had already begun to he noticeable in some of the rails
before tho clos-e of the session.
Bock Island earned more than 10i per cent on Its $75,000,000 common
stock In miij and 74 per cent in 1317. On account of the intervention
of one lean year It earned a comparatively small surplus in the three
years ended June 30 last, equivalent to only a fraction over I per cent.
There is said, however, to be an additional $1,500,000 per annum which
the company spent In excess maintenance during these three jears which
went into the cost of operation, and it is believed Eonic allowance will be
made on that account.
Erie to Extend Subsidiary Bonds
The Krie Hailroad Company has issued a notice offering to extend
about $1,000,000 ill bonds of lis subsidiaries which fall duo ou July 1
fintil July 1, 192S. 'Tlie bonds include first mortgage bonds of the Buffalo
and Southwestern Itallroad Company, the- Krle, Buffalo and Southwestern
division 5s and terminal bonds of the Chicago and Atlantic Hallway
Company,
Some of the railroad Issues, It was reported from New York, were
veil; .
'.n-IIW
aNMOMipMtaaM
weak both Tuesday nnif yesterday, the Ou'lticfn'Rallway "Es vdfcMI
to a new low record on tho present move. At present prices these t
show a yield of about B?g per cent. There are about $72,000,000 out of i
total authorized Issue of $120,000,000 outstanding. The weakness In the
bonds was ascribed by homo as Indicating that new financing by itH
company Is impending.
Several of the bond nnd Investment houses reported good buslnessf
xnslnrrbit nerionlultt in miiiilnlrtiln ,itii1 L.irvin ..-i.jlt Irtnnt (nrltictrlal laitAUJS
v''3
n
Until the capital Issues committee at Washington approies the prOr
posed new issue of stock of the General Motors Corporation, It is staU
It will be impossible for officials of that company to mako any announce-!
ment regarding their plans as to the disposition of '.he General Motor
Corporation stock that will be held In the treasury of the Chevrolet Motp)
Company when the 282.G84 shares of common stock have been turnen
over to the latter In payment for the purchase of tho Chevrolet's assets,
exclusive of General Motors stock. Application has been made to tM
capital Issues committee to Itstto this stock, but up to the present tlmej
the necessary authorization has not been granted by the Government
authorities.
Union Pacific Bond Sale Freely Discussed
One of the transactions most freely discussed in the Street aiv
nmong the Investment houses was the F.tlo to Kulin, I.oeb & Co. by th'tV"
t'nlon l'aclllc Hailroad Company of $20,000,000 C per cent ten-year bortdsW r?!s
which are being offered to the public at 98, to yield about G',i per ceniijfSjWjSi
These ten-year bonds arc secuted. it Is claimed, by a deposit of $30.000.0dfr fiFi'HtSl
face value collateral bonds whose present market value Is said to exV-
. .. nr MnAnn .. .1 AAHI .... .1ICT .... I,....... nil t... ha hA ' m
ifcu i fcO,uuu,uuv, turn uun-)i&l ui i:vi'u utu.ii:jii joucja, uu uul uut? ,yu :
which Is legal for Investment by New York havings banks. The seven
tistn n rt fllilnnn,. n ,1 V.inlliH ni!iH nivnr.i-nl In nnd fit Vanf rtlf Pam J
".."""::: . . .. , : .; ..:,.:;:.. a..;:. :, " :;, ,-;-., ;;;: ;iv
irai improve infill 'i2n I eiiu-i iv unia juuiiuuti iruunuiiuciicru tTa niiu; 9jx
general I's. .Mitmierii j uuiui: iktiiuunu Kt-iieim 11, uuuiiiiuii; unu ujuuni
rerumiing &s, jinnois central iianroau us ami Jonver t,nion .terminal jSL
..rvVtf
.... ... --. .... .- .JsV-TJ
11 wac reporico in nnanciai cirt les ycPieruiiy uiai ine eaie iu
Spcyer & Co. and Kuhn, I-oeb & Co. of $10,600,000 three-months 6 per ,
cent notes hj tho Baltimore and Ohio Hailroad Company virtually repre-
hents an extension for that period of a part of the company's outstanding,
short-term obligation". jf;
Of the above amount, $7,300,000 will be used to extend a large amount,
of one-jear 5 per cent notes maturing on July 1, and the remaining j
$3,000,000 to extend bank loans nlso due on July 1. . j
Cheer Jul Outlook for Public Utilities
It Is a cheerful outlook for such of the public utilities as are being
permitted to increase their rates to offset Increased costs of maintenance
nnd operation which Henry L. Doherty & Co. take In their most receat
letter to Investors, ns follows: r
"While plans for ndequate financing of the needs of the utility cor-'
porations of the United States have not yet been fully matured, and It
may be that additional legislation will be required before proper and
satisfactory measures can be tuken to this end, the work of adjusting.'
late schedules to conform with present high-cost of operation has been,
going steadily forward.
"Whenever adequate relief in tates lias been afforded public Utility
companies the companies have quickly shown In their net revenues h
effects of such relief. Where rates were promptly and adequately ad-,;
vanced the companies have been able to begin preparations for a proper1
expansion or service to tue general puunc, as well as to those Industries
essential to the prosecution of the war. v'
"It Is becoming more and more apparent that the attitude of local'
rate-regulating hodlcs the country over Is changing, and that adequate);
-u L.1 ....... . ...... I. ... I. I.n. ,mlnH Kn1 ...1- t. .... 1.1 I kL.-'l
lay iui iiui-quaii- rri i jvu 13 ui-i.uiiiiii 41 fei-uciui 1 uic 111 uuiiaiucring invx
needs of public utility corporations." S
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ULl'l.lCX TltCCl" WITH MOTOH 'l'KAILICl; TItAI.V IlItlNUrf 23U SHElil' FHOM HILLS TO STOCKl'AI'U
Motor Trucks and Trailer
Increase Man-Power
'
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Philadelphia Arrivals
at New York Hotels
ojivvnjiii JiJVJBJKi DAYJyu are on ,he present racU7
HKTWKCX
PHILADELPHIA
ATLANTIC CITY
AND ALL INTERMEDIATE POINTS
PHILA. & ATLANTIC CITY,
MOTOR EXPRESS '
Philadelphia . Recti vlnr Station, a s. jh ..
Harry M. forrlsan. nailil E. Kirk, ir.
Jo"ph McCourt
LOCAI AND LONfl DISTANCE
Moor SS,
28 N. 5th St'Jtev
Main S41S East 4S18A Markat 010
DAILY FREIGHT SERVICE
BETWEEN
PHILADELPHIA
AND "'
WILMINGTON
CHESTER. SIKDIA. DEI.. CO. POINTS.
. BITTING BROS.
IteetUInc Station. S40 Market 81.
rhones Ker. Main 8M61 Lombard 1018.
OBERHOLT2ER
PHILA. and NEW YORK
EXPRESS CO., INC.
S8II.J1 N. ItEESK ST.. rMII.AnEI.PHIA
Was w. iTii st.. vr.vrokr
I-lilta. rheneai Kens. 113i Park IM
N. V. I'bontat Farraiut S70S-3107
LXAILY SERVICE
Your Hauling Problems!
Let the Ledger help you to
solve them today
, AtWrew' , , .
L'uA,CUttatlCaaa .'--
T n. Bell. Herald Pnuare.
n. T Bernard. Breslln
J. Brachman. Aberdeen
o IV. Bromlev. Aberdeen.
J Buchanan. Hermltase
II. B. Carver. Latham.
II. 1. Clevenan. Park Avenue.
I' W. Collins. Albert.
L. S'. Cnatello. W'alllck.
E. B. Crosier. Park Avenue.
J. riskier. Aberdeen.
J A. Oeddes Latham.
t) M. Ueta. Broztell.
n. Jamison. Breelln.
H B. .Mallor. Walllek.
McNabb. Broadway Central.
M. T. flosenhelm, IlroJIell,
IV Wall. Union Square.
('. I. Want. Latham.
1. Westlake Oram!.
P. Adams. Marlborough. .
I, M. Banker. Herald Square.
.M Rorehardt, Navarre.
J. Tlraehman. Ilreslln.
J. L, Bryan. Navarre.
J H. Karren. Hrrslln.
IV, Qllhert Herald Square.
II. M. R. Jenka. Murlborouih.
.1. Johnson. Grand.
Miss B. Lee. C'olllnswood.
F. Martv. Marlhnrouch.
IV. A. Nlntan, Marlborouah.
H. It. Pasktn, Continental.
('. !lenolda. Breslln.
It. B. Ruddlrk. Breslln
A. J. Rrhoenecke. J.onsrere.
P H. Shollenberr. Breslln.
W, A. Warner. Herald Squara.
J. J Allen. New Victoria.
I). C. Barnum, Gerard.
G. H. Brueatle. Flanders.
M. .s. Cook, Uresorlan.
IT. 8. Covenhaven. Cumberland.
A, T. Curtla. Breslln
J C. Edwards. Felix Portland.
Mrs O. C Edwards. Felix Portland.
H P. Franclne Alcxrnquln.
Miss r H. (lormin. Martha Waahlnxton
1'. G Hrndlncj, Iinsarre.
Miss V L. Hlce Martha Washlnston.
B. L. Jackson. Netherland.
M. Johnson, Sherman Square. '
W L. Johnston, Marie Antoinette,
J, F, Kant. Flandera.
J 1. Ltpshttz. Iionracre.
I. J Locan Flanders.
K. Lopes. Albemarle.
Dr. It. D. Maclean. Ixncacre.
H Pulllnser. Loniracre,
l'. Hethnet. Flanders.
H. P. Schade, Empire.
J. Stark, St. Louis.
Mrs J. Msik.. St. Louis.
J. Temnyan. Broztell.
D. E, Thompson. Empire
F, C. Tracay, New Victoria.
. Wsxvotd. Grand.
f!. T. Wells. Webster j .
1 -7 I 1- WbUBfJW Br'tton Hal,T
The picture reproduced above tells its own
story of the power of two men where Motor
Truck and Trailer equipment is in use.
Seven teams or seven trips would be neces
sary under ordinary conditions to deliver those
sheep to the depot. This Motor Truck and
Trailer train didn't even stop at the depot but
went right on to destination. Two men handled
the entire job.
In the face of present limited man -power,
increasing overhead, the admitted limitations
of horse-drawn equipment plus the growing
demands on your delivery facilities due to zone
embargoes, stop and figure the advantages
which Motor Truck, and Trailer equipment will
mean to you. .
We're talking about your money.
THINK
m&uiM
MaUR
You'll And In the Master Tru
those same units of construction
hit are Included in the nlfhest
bdeedraeUCpkrle'e? "f&'W
rnSny exclJslvVMast.r futures and
you have the hest truck value ob.
talnablr. repardless of price.
2, J 1-2, 5 Tons
Immtdiatt Dtllwry
Urw OlduMbife C.
LSJ..33r0LTW OAD 9
DUPLEX
FOUR-WHEEL DRIVE
will do twice as much work as any two
wheel drive truck of equal capacity at a
saving of 33 1-3 on tires and jjasoliriet
Let U3 prove it. . . " x
. . - .- -',HK
a-m W vm sm aW -SaV Va?! . ajsVsJsV mm .aMsaa. ssssn -',-. t-
t$. l. ramuiwp4
MOTOR TRUCI
ir harkoil hv 1 70 imn.t)Ot1.0a Co
lion with 7rt voara of mMnufacCtt
experlerne., a (n?ric- orsiinUattoa -J
!(. rflrrt 1'fimn.inv Rrjnen add U
ands of local distributors. Tblafcj-Wf
inie meani tn nr wvpT v :
I SCO. "QOO, 3000. 4000 ' '
f'numlfl Cuparltr
rartarr Uructt and Kcnlre JStatt
211-13 North 22U Stri-
r&'X
&'
tfah
TRO
TiliLERt
liCKfcaAbt.
MOTOR TRW
EFFICIENCY
TRUCI
Lullt n.lHo wStfs' to'flt lb I
.., ....... ... ... ...... ......V- U,.
Atttr moro than llv' m
Mrvlcu.no DIAMOND T,TRI
vr iviii iiul; iiisrxsrsi SfSa
.nentafor lonif service; w
Standardized unlta, pit) -
oi carp, or irucxa in-w
maximum of hauling
any user. s " -; X;
Ebert Mtttr Tr
inwtmmm
24W-MN.
.14 j.?'
It Km
Trxta iriQ
-Trmm,
kWM
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