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. a t4", !, fe& r', : ' CSe V"-.r " EEN'lke- PUBLIC tEDGER-PEtlLiib'ELTmA, FRIDAY, JULY 5, 1918 ' ' '
, i-,.Ht"jt;ft' " ji'-i'-' ' ' ' .r v "1 r . . j i , . ' i ' .. ' '. 'i11 J3ygjgWW
C-"i V'C-r-l'S'iiWi .-v'-r .. Vn ".- Ii-44'-i!-5f l i"-' ' "-" - I 1 , ''Wlillfl we urn reatllti; billet tloux, per- much Interested nlon- that tine of work", therefore think tlint there should be no HELP WANTED af-JMJl B
W GOSSIP OF THE STREET I Philadelphia Mark. business career xtt HKS'SSSS- SSSSSiSS n --"-""P
' . ' mUlNT AND I'lnt'Il " OF PETER FT INT Jl,om,."S T'l,'1 ?'"' rCi,rt ! , .. . ,, ,.i .,'. IwhlPh will fit you to bo r bookUctper or Vc'
,5.' - ultAIN AM) I' LI) UK vl r UL Ul v Lllv JL Mr. KriUiciK Urnhiim. H A til proportion or traveling (.nH,,,r Yniir Inck of nhlllty at whorl- ue
r T TfTTir t? PTT 1 ATnn TAT TIT 4 TT"T?rr WHEAT Receipts, none Offerings light . New Yoik ("itv sale-men are of draft ntte After the j , , U()1J , )mr oU flf,m ,!lklnB reu. ',.' V
JL1 1 J J j hi I . H A J li hi T l M A K K 111 I Quotations Cr, lol, In txnnr' elevator . . - , ... . ... , , war timtiy wIP tnke up fome other ora. trH, 1)0,,M011 Hilrh -.ufoJectH ns busl-' , I
.-WAX 1XJU jiX-l Vr.Ej J.!" 1Y-..U.XV A itlovprniTienr MiihlMrd Inspection,, standard , A StOrY Ot Salcsmailshil) l)Y Vir Sir "r- ilisds.e.l tin matter of tit.., ";" economic, bookkeeping, elementary , AN ESSENTIAL OCCUPATION, ?,e
. EXPECTED FOR
UNLESS GERMAN DRIVE OPENS
Fixing of Price of Copper Fails to Produce Response
Looked for Bethlehem Steel Plans Cause
Comment Gossip of the Street
TF -ANT ONE expected the stock market to be Very much d'ffercnt from
the avetngepre-hollday session he was doomed to disappointment on
Wednesday. The bulk of business was comparatively small, although
prices remained firm. Not much change la looked for In the general
trend of stock prices for the remnlnder of the week.
Some disappointment was expressed In certain quarters that the
copper stocks did not respond as much as was expected on the announce
ment of the new fixed prfco of twenty-six cents a pound. Some brokers
nay that all the copper companies wero making money at the old price
Jlnd ttiat there; was every reason to expect a sharp advance on' the pub
lication of the revised price. The Increase, however, was received very
favorably by a -majority of bankers and brokers, the usual comment
being that It showed the honest desire' of the Government to help
business.
Urtlted States Steel, as usual, kept the lead. As showing the condi
tion of 'the' market, a prominent house said it had never so many ac
counts on Its books as at present or fewer stocks. It ascribed the .pre
vailing conditions largely to a new element In the stock market, which
has been and Is being recruited from the ranks of the Liberty Bond
buyers, and who are In the market for Investment and riot for specu
lation. This clement, It says. Is largely made up of persons Who never
owned a bond or nny other security before. 1
The war news, which continues favorable, had little or no effect on
"tlie. market this week, and unless the Germans begin their big drive at
ince It is possible that war news may cut no figure In Influencing the
market' for the remainder of the week. '
Bethlehem Steel Plans Stir Interest
Among the few subjects discussed In the financial dfstrict on Wednes
day Was the new financing contemplated by the Bethlehem Steel Cor
poratlori. Some bankers are of the opinion that the Bethlehem Company
Is not In any particular need of new financing at the prssent time, but
that the o'fflclals of the concern are wisely looking ahead so as to bo
prepared to take up $14,000,000 of the $50,000,000 notes which mature In
'February, 1019. The remaining $36,000,000 will be met by the maturing
of that amount of British Treasury notes which are a part of the col
lateral behind that note Issue.
It Is said that It will be much easier to arrange for its 1019 ma
turities at the present time rather than to wait until the coming fall,
when the flotation of another and larger Liberty Loan is being arranged
for. The remainder of the proceeds of this $50,000,000 proposed issue, it
Is said, will go to provide additional working capital.
When commenting on this proposed Issue", a well-known broker paid
'he understood it wlil take the form of a note and will embody several
novel features which heretofore hare not been a part of bankers' plans
'for the financing of industrial concerns. In the past the Bethlehem
Corporation has successfully financed its needs In the open market and
any advances made by the Government have been for small amounts.
An authority on the matter said that the Bethlehem Company has
at present unfilled orders for $600,000,000 on its books, made up matmy
from Government contracts for ships, munitions, etc.
v The report of the Federal Trade ' Commission accusing In almost
violent-, terms the officials of certain large concerns with the grossest
and most lllgh-handcd methods of profiteering Is titlll finding an occa
sional echo of denunciation In the financial district, where, if half true,
It should have produced a revolution. A prominent banker In the mlddlo
of a discussion on tho subject asked where the line should bo drawn
between fair or even good profits and profiteering. He contended that
the rtlatlve value of the dollar today compared with Its purchasing
power at the beginning of the war had not been taken Into considera
tion by the I'efieral Trade Commission in making Its report, otherwise
It would not appear so drastic.
"But It is more difficult still to draw the line between profiteering
and patriotism," be continued. "There is a tendency to denounce men
ahd corporations -for maklrlg liberal profits, when as a matter of fact
"the concerns that have made the most money out of this war have at
the same time done most for the Government, because they used their
excess profits as a' basis for extending their business so as to further
Increase their services."
While this Is acknowledged In the main as being correct, the pre
vailing opinion in financial circles is that In some well-known instances
there has been a shameless orgy of profiteering, whose punishment
should be brought aboV at once by the Federal Government.
i5
Admit Phone Bond Warrants to Dealings
. TJie.conynlttee on securities' of the New York Stock Exchange has
ruledjiliaftho stock of the American "Telephone and Telegraph Company
te quoted'.ox thoTights'to subscribe to the 0 per cent seven-year con
vertible bonds, today, that tho warrants to l?e Issued by the com
pany 'in connection with the subscription privilege be admitted to deal
ings on this date, and that all dealings shall be on the basis of $100
subscription warrants instead of the lights accruing on individual shatts.
Transactions In warrants must be settled on July if, when all the dus
tills must be tedtemed.
Reports were current Wednesday in the Street that there would soon
ifce an' announcement of new financing by an Important railroad coin
.pany Jt was Impossible to procure any details in connection with the
.mattei;, although It is understood there have been several conferences
between representatives of the bond and banking Interests who have
, hand)ed .financing , for the cdmpany in the-past.
PRICE:FIX1NG ON COTTON
FAVORED BY DEALERS
Believe Such a Move 'Would Tend to
Stability Sales Arc Slow--In--.
. quiries Plentiful
.Sales in the local cotton yarn market
continue slow, accordmg to the weekly
review of trade by II. U. Dun & Co.,
although Inquiries have been plentiful,
mostly it is believed, as a hauls for
prltes for -future manufactured products.
Dealers renort they are still experi
encing; Some difficulty In obtaining
prompt shipments from the south. Trices
are high 'and uncertain, and to Insure
stability of prices many consumers and
dealers are in favor of price-fixing.
The wool situation remains unchanged
and local dealers report that their busi
ness is virtually at a standstill. Job
bers of cotton and woolen good? sa
there has been a little lull in sales the
last few weeks. Prices, however, rc
I main firm. The demand among the cut-ters-un
has been tma I, uowevtr. apd It
S '.anticipated In thrf next few weeltH
1 there will be more- activity among the
.nnfa.liirnrd nf Women 8 aPDUrel.
; Continuing, the review B"es on to
""Manufacturers of men's clothing have,
had a good season, are well so d up, but
ire much concerned over obtaining ma
UrlaU..to supply theic, tiatle : for the
soring of 1910. Jobbers of hosiery, un
dervvear and knit goods have had a good
business, .but, they also, renort trade as
.".'" ili.U ,.lei, nt nre.fpnt and col-
lVcttons inclined to be a little slow'. They
'v.. ...... ii, ere linn betm no ie-
T i auction In prices of mcronanaise. ai
3 ' ?..."...,. t hlrt-i are so Id ui, and
'Jf StalC. 11U l" . --., - a.. "
m- they hkve bn experiencing difficulty in
T-k Awalnlnir niece goods to -Till their ot.
derS. ... . rtT.n. ..nnftnliea
v 1 ' "'The iron ano sieci mi" ..urn. .......
i I without material change., and the nues
f A tlon of distribution of Iron ami .Bteel a p.
pears to rbe the principal one at this
time. The production Is reported to IJ
Kolng on at a good rate and pianrs
operating generalFy at full capacity The
output, however, Is taken either dlteclly
tlUll M . r-nvaeiimttnl uccillinf.
&JSSS nf orratinr to fuilcapaclty
and are said to be behind In their pun
tract deliveries.. Marked improvement
g reported In the coke situation, due
largely to a better supply of cars.
The hardware line remains "active In
ta -brahches. It Is believed, how
ever, -'that,' the volume of business being
done In'thlailne wll equal. If not exc.eid
that for the, corresponding season fot
several prevlour .years., and It la be
lleved that the demand for nil grades of
material In this line' will shovv a decided
Increase' In, ihe, fall season. '-PrlcSs re
main firm and collections good.
' '"Tn electrical trade reports a' gooi
YolumiTorbuslness, and manufacturers
r wnrklnr to catMcltv. largely on (lov.
Vit rnmnt''orders. . Jobbers' and retailer
' "-aM-WfJll employed., ePrlcts are reported.
Mstn3conaniona rair.
3n t Uatber market, condltlorts
REST OF WEEK
are active and prices steady. Moderate
stocks of finished leather are on hand,
but the supply Is adequate. Glazed kid
dealers report Increased difficulty In ob
taining skins, owing to the restriction
In shipping, but there Is a considerable
Mock of raw material rn hand. Shoe
dealers are doing a good volume of
business, iteport sales active and prices
have advanced. Millinery houses report
a good volume of business and collec
tions fair.
''There Is no change in the condition
or tne cement market. While inquiries
are still being made on large contracts,
manufacturers are unable to guarantee
deliveries, owing 16 freight conditions.
and some plants are still closed, owing
to Inability to obtain cjal. Prices are
auoui normal
The trade In domestic leaf tohaooo
la reported in good condition, although!
sales during the last week have onlv
been moderate. Inquiries are being
made for Pennsylvania. Connecticut nn.i
Ohio, but good crades are advancing In
... ...... ijuiiium.1 unu oniaiui uit; Belling
moderately to meet immediate require
ments. . The large cigar manufacturers
report nn active business from western
and southern points, but trade is re
tarded to some extent by scarcity or
labor. The local retail trade Is re
ported In fatr condition. Collection's
are reported slow."'
FOXY GRAN'PAOne
?.. J- J1-1 -J
-now munnHi.ti '""-1,'THt'J WILL MEAN PROMOTIOri
1 VAaOUT THIS J -
..-f-r" V- f ifcfVrsAli- m.r. fej M XV J
treason 3Pier -
I, WITH BOfABS. I . Haaa
yUaiaGET CteMSCY J
, ....v.r. .in iiuiuitMi riniiiH. - I"' , '-'. i - tr mil' HIlntlMiili lit ill f nc lumn IUOII..IJ !,.. ...... r.. - ..-.-..- .rIt.t- .. fn -nit -..,...-, - ..iliirnl cnum ..- ntm-I iAr. 1 .Wfi
iiuiu nuil7r. . ill'. .ll, I lUllllll. 9...1-'. ..'
I hiinl white. I2.3!ii rcil winter. Nn. 1.
..ii'i .Ml -J, J ;ill, ,t, il. .'..1-. unn. .n. I
t!Ati noft. So. a. I2.:H fioft. No. 3 J2.30.
I'OIIN neeelm. 37-13 tiunh Hupi'llcn wer
fmnll autl prleeR ruled firm
(JtinlMllnnii- r'nr
io
t for locnl trmle No. a ellow $1 $H
mi: No. 3 yellow. It. NSW 1 7
OATH rtereltita. .-i!)..1Hl hunt!, The market
ruled Arm iimler light ofterlnuo. tan trade
WflH oulet OuntAtinnft! No.
wwue. rii'
RlUJr; Klenrturil while. HU IrMlp. Nn, 3
white, RsiffpRr; No. 4 while, nnt fHT'oc
hxjuk Itecelptn. no hbn, uml i.nin,n-j.t
lb. In nnrks. The market was nulet hut
drill under ery llaht offerlnas. Follow In
are the tiuntatlnn (old): To arrive, per IPO
Iba. packed In US-lli anrk Winter wheat,
tun per tent flour. SUf' 11-23. Kansas wheat.
I mi per rent Hour. $1 1.MIiil 1 1 7.1 aprlng
wheat, tun vr tent rlour. nil.. in iff 11.":.
ItYi: Fl.OUn ivn nulet and barely Heady.
We qnote at llllfjll per bbl. In eacks ,a to
quality.
PROVISIONS
There waa a, fair jobblnc demand and the
market ruled firm. The quotations: City
beef. In ects, smoked, and alr-drled, 4'.'c:
western href, in aeta. smoked. 42ei city
beef, knuckle and tendera. amoked and-alr-dried.
43c: western beef, knucklea and ten
dera. amoked. 43c, Ileef hams, I4S. Pork
family. S28.'.3. Hams. S. 1. eured. .loose.
V4 W30'4ci do, skinned, loose. 2Sli wants r:
do. do. smoked. aDV OS'iVie; other hams,
smoked, city eured, ns to brand and aver
sne. an', (71.11m r; do, smoked. , western
cured, an'iwamc. do boiled, boneless. 4..c.
Picnic shoulders. H. J cured, looe. Jlttc:
do. smoked. aa4 c. Bellies. In Pjekle. ac
cording to nverane, loose. 32c. nienktaat
oacon. as to brand nnu average, 'nv -""
40c; do, western cured, 4He. Lard. wetern.
refined. SRH ?20c do. puro city, kettle ren
dered. 23V4 Sue.
REFINED SUGARS
The market ruled firm under llahl offer
ings. We quote on n basis of i.ow ior
niiQ ffran.ulated,
DAIRY PRODUCTS (
CHEKSE Demand M fair and the mar
ket ruled hrm under scarcity. Qot,,.Vi!'n,J,'
New York, whole-mllk. fancy, fresh. J4N 1 '8
25c; apeclals hUher. New York, whole-milk,
fair to good, fresh. ElWal'sr.
TlTTT-fL-l) . -I'tinPA .caa t. fall- ll-niAnO HIW
the market ruled tend. with supplies unuer
good control. Quotations: Solld-PRikcil rreiirn
ery. extra. 4."c: hlsh-scorlns cooils. 4nni"r.
extra ttrst". H4c; firsts, 4l 44e: aecondi.
41 l 124c. fancv brands of prints Jobbing at
.-.1M53c, choice nt ."Oc. fair to good at Hilt
411c ,
KtJOS Fine -gffs ere srnrce and prices
advanced 3ilc per case Quotations, r ree
cae. iK-rtiv flrrts. $12 30 per atiimlnnl
case; current receipts. Jia per case, west
ern, extra firsts, 12 an per i-Jee. tlrs's. M-
per case, rancy selected egRs w'- juu... -.
47'l!)c- per dozen.
POULTRY
I.1VK Values generally were well sus
tained under moderate offerings and 11 fair
demand. guoutlons follow. ! owls, j soo
37c: srrlni chickens, not Leghorns elgti
in. I,6. lbs. apiece. 4NMlc; weighing
11', lbs. apiece. 12 4f.c. White l.eshorns.
arcordlnt to size 3(i4c; iliny w.
roosters 2.10arte: old roosters. 22-3c.
duckV Tekln. 2830c. do. Indian """".
a27c: uulneas. per pay. 1.33l.-ja.
plg-ons.' old per pair. 4u'43c; do. young,
per pair. a3Uc.
POL'I.TItr unKSSKt) Supplies were kept
well cleaned up and the market, ruled Hrm
Follow Ins are the quotations. Iresh-kllled
fowls. In hble . fancy, dry-picked. fnnc
selected. 35'uc. weighing t lbs end over
nplece. 3.V small sizes. 32W4c: old roost
ers, ilrj -picked. 2lc; spring duiks. I.ong
Island. 3.1ff3(lc. snuabs. pr flog.. ."''
weighing UUTia lbs per doy... JSJJJ.t; ; '
wehlhlnu SllfflO lbs. Per du .. $. "''"
weighing S lbs. per do. . Jilffil . do. ''h-
Ine K lis., per doz. ',l;V',iark tiTiu?
-,o,minuirNoOZi: l io
rnvcil KniTI
rnr.311 IIXUIIJ
ti .1.
Pineapples.
Porto Itlco. J'er crate.
ner crate. --.
do. Florida, per irate. ?
2fl7. do. Cuban, per
erKte. .a'Vri.cn. I'h-rrTei. California, per
71,i!.W3Upric.V'fbrlla.,,porVruwV.
i'lfiS "iii Cantaloupes. California. per
I
KaoehM -a-im-i n rAiriv nvuf '""i""" . ..,!,. 01, -A -nr.t.d ..o. . ,AI, .... .1 .. ,l..
erate request at revised IlKures. Quotations. r.xnrtly. and that liclU the common
SSi'.KTirri.M.K'-AVriirnill -lulot for two y.ars. 1 pro-
Ueorgla.' 82412.7.1: Illlev Helle. sslr a...:. hi- , sume next year you will pay 4 per cent,
herta. J2 L'ftsi 2. 7.1. Lemons, per box. I"...iio ... . . ,,.
SflH (Trangea. fallfornbi. Per box. .; or will II He ft.
:,. (Irauefult. KlorldJ. per box. tU'.j. -neallv. Craliam." becan I'lllsburv. "I
stniKiaro craie. .- '" ".-,,, i'i ,-, 1 ir you wish, you can invest III lucicrrcu
'SVVii do ?eorgl iSr Standard I' .' rate. ' stock. This offer ia open fur live mln
i.7."iW2.2r.; Watermelons. FlorlflB. irr in . 1 utC(j ony." n,.r,, he took out his watch
fJSiltu. do. do uer carload. .auiKiM-... ln,r(,SMh.eIv, "After that time tho offer
VKOETABI.ES " 1 Is withdrawn, and In place cf it the (.'on-
re plentiful and lower.
2:..'- .Vaf.i.-;:"., ,'Norr per .-' uari
crate l2.VlftH.su. Cucumbers. South c.uo-
linn, "nor basket. TfiCt?' 1..23. do. Maryland.
per basket. U 1.7... do. NorrolK. per uarrci.
13.!MI4. Pcpm-rs. llnrlil. per "Hte. 1 .in
("2. unions, Texas, per-crate. l..iii-. do.
Jersey, per ',-hushel basket. 1 I. K.
unions. Jersey, white, per huhe hamper.
12 2302.73; mushrooms, iwr pound, 1jHUc.
Rank of England Statement
London, July 5. The weekly state
ment of the Hank of Kngland follows:
Total reserve C2S.S80.000, decrease
1,121,000; circulation f54.fi02.000. in
crease 1,228.000; bullion C5,338,0IHi.
lncreao flOS.nOn; other stcuritles
112, 936.0011, increase 12,137.000; othei
deposits EUi'.'.0C7,nun, increase 23,218.
000: public deposit 38.17,000. increase
2,400,000 ; Oovernment securities
GB.237.000 Incieaso 11.580.000. The
proportion of the bank's reserve to Ma- :
bliltles is now IB. 21) per lent, agaimsi
18.20 per cent last week, and compares
with a decline from 22.27 per cent to
19.10 per cent in this week last year
The clearings through the Iindnn banks
for the week were 413.650.000, against
387,1DO,000 in the week last year
Cotton Buyers antl Sellers
New York, July 5. July Klggatt and
(leer bid; Cone, Rosenberg and Newman
offered.
August Parrott bid ; Cone offered.
October Schley, (lUtnoens. Bartlett.
Wilson, Pomls and Hoyce hid ; McKad
den. Kulton, Flggati, Newman, Jay. Hy
nian, Olover and Schill offered.
December Newman, -Sellar. Domls
and Martin bid; Cone, Johnston and
Wilson offered.
January Bartlett and Kllnn bid ; Jay.
Hubbard, Hyman, Newman. Parrott,
ainnier and nosenoerg oirereu.
March Rosenberg. Parrott and Bart-
h" ''id ; Hyman offered.
Liverpool Cotton
Irerpool, July 5. Spot cotton today
' was quiet and pr'ces were unchanged oi,
the. basin of 22.29d for middling. The
sales amounted to 2000 bales. The re
ceipts were 3000 bales. Including 2600
bales American. Futures opened quiet
and steady. Old contract, spot prices,
were; American, middling fair. 23.00d
good middling, 22.92d : middling, 22.29d;
low middling, 21.77d; good ordinary
20.77d; ordinary, 20.2 Id.
tan't Be Too Careful
"ALL
Other vegetablea w.re in moderate eupplv and t,0 restitution of their rights In the
demand at revised pilcei Uunut lomr. vv nite Ui,ape of your Invention, which wc claim
!;b!"i0v' "sneas?.1-.. N.T 2: "win" you have stolen from us."
potatoes.' South Carolina and North CaruUnu. "I think I understand your terms, gen
tler bbl. No. l.t 1.50 8. ".". -"-.-i i'-.x:'. tlemen. ISy-the-by. when does the boat
Wmtopota.i.JerseP.M- -bushe 'ffij' arrlv, frorrf ede,,?"
noiat'oes. Jj.a.-i, per h.in,iwr- Nu. l. r-r" ' "if you are referring to the Swedish
tint.in.i were mo
fBUTArMVTCHJ
vvUvv
7fM''
Harold Whitehead
ICopvrioM)
JAWJ' A 1"'T IMMHofH cltnrlv nrf
i.n-lL """ "''. Vonr rorrerl nome nfrt
r..2Wi'.'I '""' h' 'orif fo nil fitotililes.
'ose wMek ore nnonimoiM must e lanored.
ytrisucM fo ferflitfrnf oiirstfons fill; be seal
J? .'!'" .""'e"- oweifloiM ufll nn-ioerrrt
1. "'', '"'. Thr oiosl (,iresll.io prob
...'1 . L""',rrJ" "'"' '" "Otrii into flte
lorv 0 Pclrr FIM.
ICnmirliibl
T THINK the Interview which queston
J- anil rillshury had with Crahnm
finished a little bit In Oahum's f.ivor.
They tried the good-fellow stunt for
some time, and I think they hoped to
Jolly Graham Into signing a transfer of
the patent rights over to tho Consoli
dated. They offered Jtn.onn n cash and
SCO, 000 In common stock.
After a little while Oraham took the
paper and to my horror began to write
where they told him to. I noticed a
quick glance ot triumph pass between
Queston and Plllsbury, and I couldn't
help crying out :
"Don't give it to them. Kraiirl-.:"
"To whom are you talking?" he asked
quickly, Then I realized that 1 hail to
remember my place during this Inter
view. Queston snatched the paper which
Graham handed to him, glanced at It and
then threw It down disgustedly.
"tiamn It all, whafs title?"
1 took the paper, looked where his sig
nature should bo and read "Not
enough try again '"
It occurred to me that I should keep
that paper, so I slipped It quietly from
the table tu my knee. Then- folded It
and put It In my trousers pocket
"Oh. tut, tut. Qtieato-t '" said Hltsbury.
"you must not blame lirahnm for w. lin
ing to ret more. Hut don't you think,
Grahatr that you have an exalted Idea
of the .'aide, of the Invention and of lis
value to the f ontolldaleil? ou know the
Consolidated Is a tremendous power and
could put you and your Invention out
of business. But no that'R not our way
of doing things. How much do ou
think It Is worth?"
"Ten thousand dollars' worth of pre
ferred stock and the privilege of buying
all I can afford within the next three
months."
"But there Is no preferred stock on the
market, you know. There's nothing but
common on tho market "
"Which never pays a dividend." added
Graham. "Frankly, gentlemen, common
stock has no value ho far us I am con
cerned. The1 few thousand dollars' worth
which I have has paid no dividend at all
so far, and It looks ns though It won't for
a while, for I notice that salaries and ex
penses keep increasing at a sufficiently
! rapid rain to swallow up any PijrpliiH
after tho dividend on the preferred stock
has been pnlrt.
-rl.i.fu ivmiir Ihal'a n-t-nnt- ' Wliv
tlilnlt you are presumlnB upon
our
friendship for you. I will make you a
Inst offer. We will Give you $100,000
common Mock ami $3000 In cash, which.
Bolldatcd will utart suit aualnst you for
agent, he arrived two days ago. In fact.
he has been our guest duilng that time
I wonder It you would like to hear a lit
tie agreement wo have with him?" He
took out a square of blue paper, opened
it and read:
"On behalf of and by the authority of
the Swedish Metals Machine Company, 1,
Uustav lllnnen, -do undeTtakejo purchase
all inventions of and Improvements on
the machine which at present Is leased
by us to the Consolidated Machine Com
pany, from and through the aforemen
tioned Consolidated Machine Company,
and i-lioiilcl I be aproached by other con
cerns or Individuals, I will negotiate with
them only through the Consolidated Ma
chine Company "
Geo' I thought, that looks like putt
ing ptor old (Jraham on the blink.
Craliam smiled, however, and sail,
Philadelphia's
Greatest Hardware Store
10 to 40 Below Others
Headquarters
for Ship
Carpenters'
and Wharf
Builders'
Tools
We have the
largest stock
in the city to
select from.
PAUL J. DEVITT
2d and Washington Ave.. I'blla.. Pa.
5tore open evenings until V o'clock
Saturday rvrillno until tl o'clock
READVN
nnviTTS.
JLoe-,"PhiladeIphia,s """"A- i
1
1
y ESS. . .P " m ' ' 7 . 1 uc raNt RPTon
LISTEN? NOW BOTH
,TOGETHER-WEU RUJH'EIA.
WSlvL 3m m (Lml)$.,,
ImKf Wov$jy ALmA k. LwLVryMr '
AkSW A,n V .Lad! mmlg)M & Jf ? Wl i&K il
'vNr PhekW "7 - vOT ' Iw y
AX L 77fjB$mk 3UAr( YT" iWXS
y-v a-)-- ufmii ra f-j j ikv-riL am v
i-J mmmmmm&2S& Mt. WimilMJA I
IVaaaaiaaaVBaaaapMaaaavaaaHaaaaataaaaaaaBaaaaaaa J
' V , a. " I
-' "v
and while, as a bank, we cannot Una ue iieedltig salesmen, lis their trouble Is not iliandlslng (you may not be able to se
Mich an enterprise, twn other dlrec'jis, In gettinn orders but In getting nuppllen. cure this latter Hiihject. since only the
Mr Mr . f'Clntr.f refii. t
f..e tliom " flriili-iiii uri.il ! nm itlthhnM. '
for them. (Irali.iin sail. Inn withhold.
lug their names ) ami myself reel .'ir-,
flclently Interested In .vonr idea to stig-
gest a meeting between tio on tte.M Tui :-
day at 11:30. I
If this lime Is agreealile to vou :uY.fne
let us know and w- ,v,l, .oitslder It
aennlte .lppoinlntent.
Most cordially yours
Krnnels put the letter In his picket,
lose and said, "Well, gentlemen, you will
liavo to excuse me now. Mr. Flint It at
our sers.lu' so long as ou v. tsh to re-
main." With that he left the room and
went next door Into mine.
"Anything I can do for you. gentle -
men?" I asked.
(lee! I certainly fell like a big guy
having thofe two big guns to on.c-tn,.. :
Vni .i.mm., rIHnin- "V.-h' Ynn l
S1 CIIHI'IO 'f llll "HI ,1 I -
11 . -
tell that young fool of a boss of yntir.s
that I will have him arteslcd and Up tlie ,
rlvqr before he Is rjrt -eight
older.
;Quletly. iulrtl." said quejlou.
squeezing l'lllsbtiry s arm.
That Is no message for .vn'ir 1 11".
nlm-oiv ..f rourse Mr l'lllsbiitv ,.f nat- I
uraly disappointed that after our gcn-;me
ftoslly we Shoul
receive such nis-.i'.-
teous treatment. However, tin
mote to he said at tms time
"I'lllsbury, a silent tongue -f-lend
't r an angry man "
' "
a-iod
They left. QU"ston apparentl tin-
...... aH lf IIgViim-v lilmnNl 1111. 11 e
vvith
no-o Inrllirn'itlon and niortirli at.on "tl- " K" about it. ami that in to i'!u
rage, indign. tion ami 1 nortin. . .0 1. architects and th.: 1 write
When I eiuered my room -i m is y'Van(, ...m'.ain IIIU .1KH so Ion.' as vou
reading Darwin s "Descent of JHn. H" ,., nly 1lml nf ,-eH1,0nse from yoi.r ' f
does read funny stuff. lolls. Your fitlier niiesllon Is .:! -r. d
Well ihev have hr.il It." I -all.
He closed his book. rose, put
1 h. l.at
and said, "Come along. I'ete: h s fi
and have a little supper on the -t-Mirih
of It. Knjo yourself?"
I noddcil vigorously
, TODAV'S lUSIMS IlIMOIt.VM
I .. silent tongue is a tnotl frirnd or
' nn anpry man.
1 W1i.it docB tlilp mean to YOl ?
Kuhucss Questions Anucrel
Mr. Whitehead u-Ut nnnwer yoin himiiirvs
Question o buuttia, rllina. advtrtiuy mut
employment, 4fc vonr questions clcarlu and
rtfi-fl fill thr fact lour rorrrcf iittiut" rnt
lull otfdrca 71111st be aloicit to (ill fiinnfrlea
7Iiove icilrh ore nnoiiiiuoiia niiisi be (onoi-cff.
.tosieers (o frrnulra! olirsfioiia iclll be srnt
ill moll. Oilier oicjllona Hill tie nusicfred
,., .1,1, foliimn Ti-i mol iiilcrtsfliify iiroh
Urns r of inoMlVera irlV he tiotni 1.1I0 (-
.V... i p.trr Flint.
,
Would vou pleuse tell me on what 'ou
hae vonr opinion expressed In the replv In
II. ' In frld.iv night's Ledger. Juue 21
Ihnt there will he a greatei emuiid for
travcMng -nlesmen and store sale,,,,,,, u,
the next few years? I ifk this aa I am
fHiV x . 5, -N i
W9Sf in i ii i l inn.iiiaaJiiWJ tBl)J-ue.LuiL"ii;.iii.nso1 J '- II i
IL EIGHT. li
JSH ranc your vacation m a reeriess me car mmm
KaUmEEEF that unites might and mileage with ease "ErfSratSi
jHEi an economy open-air freedom and pri- iP-sl-M
J iBwf1- vacy f the home. Think of a thousand fllf$
oKM- miles t'hrough beautiful valleys, along .iBW
j jESyiEl sparkling waterways and over giant moun- "- -PtB
jMzz tains, a delightful change of scene every -Kmm
MM&&bE: minute ! rEEilBH
HSE IMMEDIATE DELIVERY "B
fiwg of Touring Models hRH
Hb GIRARD AUTOMOBILE CO. -8B
ttJT 2314-16-18 Chestnut Street -E3jlB
W. aT X. k. M V a a a- "a I M -& -rL U afc V - " ' J
m xx"-" -e' i mW mz... - ,,, --a t -- i . - . ,jr -v auhMiii
f V r0 I tV PI .XBUOOJ' y xr-i-i w- jf
I - Be OH IP" f-" SWJL. I W f.
Alnnv nmlier or goons are temporarily ,
n'1 "' 'O f'omi uerf'lifl IH.M iM-in linn .....-
fll). ,,,, ,,, war Work.'
After tit,, war these itianufHrttim' will
,Hve to rebuild their commercial I'usl-
ness.
The development of our country In a.
If nol the, lending maritime power will
JiTarXlZlZ''''
r mf,iti r rinmerclal commodlHes
will be low when the war ends, nod that
means a big demand for Roods and iuuf
.petition to get this big btislnes.
j Tlm general scattering of l.-t "ling
it-nleMtten will make It necessary to mild
tin sloh oigiinlzatlnnM anil oiii-!nintl''
of vn ii dioiilri come to th "m.i wth
'l'' ability and knowledge nr. v-a-.-.
-
' I m .-m linndv with dr.iftlnR materials
b'l fwvlna taken 11 course in mr. h.nl.sl
"'Z '..lZ.MuX'!" an
ouisin- man 00 am- wont ior mem ror 111
.stain. - , sunt).," an architect einp o.
.. ...,.... aaH SV kfSllll Afft AtfTI
draftsman he may require a drawing to b'
recopled Ills draftsman Is on rpeflal new I
I work would he lie llkclv to 4et lite have
drawing recopv? Is It likely I lould estah
, tlsh .1 "' dque" oT clients? How would ou
euir-3'"-l lh.it I g.i about It? I mu"l sm I
'follow Ivter s inreer with Inti rest, eelng
ioan ef tn own errors fta 11 Mnitmliti r
llo-.'t h fl-.tl I tunk a wireless cp. rter of
him li 1 11
Viehllnr ts flu o cislnnnlly have out'de 1
.1.. h';r ik l.t th.-y ;.J;.l 1 m.
,.; ..'; """ ' '. ' . " , ' , ... ,.
in till1 inMter- each one Jnfs .-.s he
thinks besl (let a list of the ir'i l'ifl
1 null the eity illri'ftory and wrl'.' 'Mr
I'loposltion Io each one. If V. u h-i'v
eriginuiity ami ran nrnvv 11 pint loin a
iitnigb . pcififatlori. there Is no i-.-r.-. "
why you should nol be able to cstalillsii
ia "tiltiue of e lettts. There is oniv one
Hinder septu. tie cover All light"
I Wno't
1 mill i"
rn- o'd l'cter
Flint
I Wl I 's
r
I am i uo.iin'i of fori Ihinc ot linm". j
ai us'ttiti' rl in .tit.inl ij fimilv niHtte.N of hJ
luihlics n,iliT i tun I Hi linn, t nix .uiiriiiti. x
to UH I" imt .tin noil inform1! c-MU'i.tlh
rint wtifli'M ''.n vnt.r in'tful rfful rtln 1 '
fiM- tnri- hum I fstutllfil yhnrthaml wltli '
a frlhfl fn iir' innntht TT.astir''iI th
Ihnr.v lnit MitiUl iml writo ;tt th1 mIphsi
rat-, and ft?-! nuif that it woiilt) not In vot
uttilt ffir n ti Httnin a PtifYlcliit t"petrl if
b" of titti" Mv prcpiit plitn in to take a
t.uln',i onri 'with tvpewrtllnp. but no
ii nnqrupliyt I know nothing of arithmetic ,
ji'o:nl th rti1imfiitH Jo nu think thtit
nftrr tlf ur nix monthv .tulv I tnlnht hop4
(n trure' a iinittlon In omc office with mI
ar Ptiouffh In llvo upon? With sum prin-
..II l.L. ...u. n-. ... -.. ..!-. Un..l
flnd f.mplovm.nt ihr tho hour w'miM not
lonf.-. xhouirh ahvuti well. I am not ?rv
..... n.i i i....tr ihi L... un i.onr. . rii.i '
, ,,!, i should attempt I have
' reHo'i loi-Miirt that 1 ivlll then l luted I
t to take a position. Miss O. It '
,, ... ,lcn(.,1(i crp.,iiv ,mon th. rcIiooI '
.. , '., .r'iiiJ J"fi iif in u
" nltt-nil ClHint-H one Inch .-l.tluls hlBh
ln tlm estlm.it Ion nf luialnesH iicnple. Ask
Home liusiiieH men amoitc your ac-
fltinintaiK'P what they consider the heft
btislncss rollepo 'n town. (Io to that
R,.,rjl ami tel I lie seclftaiv of vollr fir-
,.,,,,,,, jtt mrrinrlrnis liuslne
""' ""' " -i"--i iiuiiiiuiiiu." iiiihiiii e
illeK-H Imvo inure ilemanils for their
I sttfjeiitii tliun they are able to tuoply I
larger universiiies are now ottering hi
iwiuni ut-ni iiniu jvu ... . ...o...w.. ...-.
bookkeeper In an otrice or bookkeeper
tmd assistant In a store If jou know any
p:irtl.'iilnr line of goods understand
shoes, hats, gloves or anything of that
i(nd ku might get a position In a d-
p.irlmenl "lore leading to an appoint-
mM'1 " ,u-r- .
Financial Briefs
Special meeting of stockholders of
lirnvets & Merchants" Bank will be held
September II'. to vote on proposed In-i-tiiise
of tapltnl stock from Jlfin.nno to
$.'nii,nnij nnil an additional surplus of
$:o,uuu.
Returns from holders of the $57,735.
nnn lirnokl.vn Kapld Transit noles which
fell flue .lulv 1 pas.f-ed 50 per cent of
tlm ..iiKittni out fctnmtlnf. nnd n rn ronldly
,,11I-,H,.,1IK the 7" per cent required
liv Hie War Finance Corporation to
ssuic 1 he sutcers of the flaming plan
LOST AND FOUND
T - Lost on Sundav. 23d. 31th and Pow-
I,,,,'""," ,,'-
clion ,iv . male blacK c.it. w-ntte spot on
ste 1 tfrower. ;ison raw-
lien ave itewaro
linn i,..st llostnn terrier, hrlndle and
white. l-f t foreag and foot white. 7
months old. answers to name of Governor.
Reward If returned to J. It. Rue. 7.".t West-
.. i I fj.rmanlown
AIUEfAI.E IHiJ "
Lit-en r.in Fourteenth Polke pistrict. re-
.ro uiasai ave mo 1,1; .1
IXH1 t.osi. lirge hlafk spaniel. Sunday, re
ward 1'hon" (lermantown d 1311 J
UANHHAtl Lost, on Lincoln highway east
nf Mu'tlctoo, Tuesday afternoon. .Tulv 2.
brown sole leather natylbag. containing
m-m' waring apparel, reward if returned
to I1 721. Ledger Office
HELP WANTED FEMALE
HHhrr ( liissllled Ails oil Page 21
rr PPINNHflJ AND TWISTEIl!
wANTr.n. uxPKRii:scKn and
i.n.HNT:nR oood waohs anp
HTRAUY WORK. riUNCIPAM.T
ron uovnuNMnNT work. ap.
PLY nniHWOLU WORSTKD CO..
DAltDY. PA.
IJouKKKKIMIK. ixr',n'ncel nnd must opr
at (vp?wrltr; ood poult Ion. Apply
Phtla Halting Co . fith and Sprl ng Garden.
lidOKKl.lM'KH ncftlstan. cxpTt'-ncef . gond
nnpofLunltv for capable party, M R47.
Lndapr ('nttnl
$
C,'!:"K . etperlnce.l. as general nf!!r a;
sun . must be neat n appearance; ref
crence rnred Apply In person. McK.dd-n
Sands 4. i'o. 115 Chestnut st.
1
.
- -
''Ll.ltM- Several good fipportuiiltles for
,V,"",'"!. V'.,n",'n 'V ' ".,"" 1V""l' -" '.'.." Ur'"
Phili.d. Iphl.i bank thoi hav ne adi llnc-m.i-
, ,, , v,.r,, ,,rerr.-d mat. a... ntperl-
... mid s.ilars txpift-d I" 721 Ledger
By BUNNY ;
V-4
...
TRI.nPHONK SKftVICJC 1ft THt
I'llIA. T1IK WUKKIUIUI' fjf THl
IF (IF VITAf IMPOrlTANCB
pnOSECUTIO.V OF THE WAR.
TOUNO WOJtKN TIKTWBf!r IT Art
("AN SF.nVB IN NO MOHB rATRll
way than Aa orEnATons. v
rnsir, and HF.t.r BKnVK tn this .
titl'flll I A.-N f AHAIV UV THREE ''
3A.NU LAJ1AL, IUU.NU WOMEN,
t
THE TMAININO
ANI THOrtOUOH.
COURSE IS
SHORT!
ttl.On PFIR WEEK 18 PAID DtfRINOI
THE FIRST FOUR WEEKS WITH RAFIDI
ALfVA.V.l'.ir-. 1 illbnUAflLU,
APPI,' TO .
MISS M. D. RYAVj t
AT 40 MARKET ST. PHILADELPHIA,
MISS V. M ELLIOTT,
20 E. TH ST . CHESTER. PA.
THR FELL. TELEPHONE COMPANY OTt
i
t'LERK quick and accurate. know!etltoJE,
comptometer: resident of Camden fSisTC
ferred. state salary. Address P. O, Box
a.'.u, Camden. N J
CLi:RK8 Young women cetweep the sges-
flnanelal house for clerical work, state age l!?'
xperlence of office machines and aalarv a'
peeled. I" 723. f.edger Office
f'LKHKM Young women between 18 and 2."
for clerical work In a large corporation;
those vvlth addlng-machlne experience pre
feried. atate age. experience and salary eg.
pert nl P 723. Ledger Office;
EI.LIOTT-FIHHER billing" machine operator.1
state experience, age and salary expected.
P 71B. Ledger Office.
OIRL wanted to cook, wait and downstairs
work, for July and August. 4 minutes'
from Hosemont Station. Phone Hryn Mavrr
(1IHL.H to make
3th at
-uihlons. Apply 244 9.
. fllKLS. experienced, wanted on caps. 'Arroly . j.-.'
rrang non, .-v. vv. cor, ad and Arch. , Y 'ja
inn ..uimivn iiomfln ror small msfllfj- a AJ
Inn ..HA .. t. .. I. B (.Aa.. A...I ab Jk .A S ii.'.t
1 doing her owji housework, Apply Letrar
Home. Mt Airy. v
1 .!. uiio ..in. .ine i.-rii aii:uiui iru li -i.n
INI'KSH. graduate, for
I P 3S. ledger OfHre
small Institution.
2300 OPBttATIVES
woonncnv bao-loadino flast
trnlteil state flovernment work at Waili
Ineton Park, near tVettvllle. N. J., ana
IVnn-ylvanla Railroad. tVett Jersey and
Seaahoro rllvlalon; also by trolley from
f-amoen.
3le TO 3Sc PER HOLTl
'APPLY
MarArtTIfftl nrto! roMPAXT
WASmSTlTON" PARK
WKSTVIM.E. N. J
"nsn
PATnoi.I. fLERK exuerlenceo. tate nrpt-
rlenee. age, salary exj.ected. P 7I4JLaer'
Ofne
i SCIIOOI, TRAOHIIR. young, wanted for eitf.
j floor educational work n real from ,ta
ehoolrootn. pleaaant work, pood salary mt
, right pereon p 727 T.edfter Offlee.
Slf.K PICKERS ANP SPREATJEnS Splen
did wages for particular workera; paid
while learning. Apply QrlivTold worattd
Company. Darby. P.
STCSOyRAPHKR nnd Typl't One with e-
prient-e on nietnting macnine preieercn.
A onlv lTOSW. Allegheny ave. Phone TS
STKNtiOllAPHKIlS Onort opportunity rfortlS.
experlened ateniaraphers by larva eer-w g-'
poretlon; rtate ex
exoer-tro , .11,
.edger Office. . 'iUir ,
- . .. '. ar.l: -.fi
TEACHER, rompetcnt. vvlth leas than.iej
eara experience, wanten ior peraom
rvlie work rturlns July and August.0;!
72. I.edfrer Office. J "a
TYPIST, with knowledge of hilling. famllU
i with ponllstlnB machine: permanent pa
1 lion, with advancement, Apply 17t) rl
i Allcclinv nv. Phone Tlngn 740.-V.
wivivn. in iiKvicH ivimr.RHArw
mHJIBftflAL HOUSE. T.AOY FAMIHAnfta 3';
WITH HAXPf.INO REirnnENOES FOR;
KKKt.iii'i.Ntji.w rtc"ti;:;h
CREIHTS. ONE AVITH MEROANTir.B TiX,H
AOEVcy EXPERIENCE rRKFKnnBP'I ir
TATE EXPERIEXCE. SALARY. ETC. P' '
.an LEfiOER OFFICE ,
WAXTEIl. white waltreaa; wagea $ft per
vvek and alcep In: also voting white
woman to aaalat In kitchen: wage 0 net"
week and alep out. Apply Friends' Arch
St Centie. 304 Arch at.
VYOMEX nh
wanted for offc building cleaning. hour
per day. il a. m. to 0 a. m.. 5:30 p. m, to
:Sn p. m.: good wages; steady vrork. Appry
Room "-wlDBNaiBUILDINC,
U'OMI'.N u rck chairs.
Apply 1M4 S. 3tn
YinNU 1.AOY ljtrk mfv. 'o.. rnar ryntra,
nf city. I.fl ionltlnri tpn (nr RsslntaTit -
n'tirk tfrnrd rlf-rk on with xpTlcnc on
n rrnrAu nrftr r.l . uanA ODnnrtunltV'i
rtifp fxrrlfnri Hnd salary expected,
YtH N(! I.AI'Y I.hpu Mf(r eti .ncar renter j
nf i iv hn polttnn npn for naftlitar-t
'((ly-r rUrk. pood opportunity ftnt-fi pr!-. j
m nnd nalary cs-pected. I 720, Ueder l
iifnc
-n-r
-J
HELP WANTED MALE
Klther flai-ltleJ Aili on Pace 2)
M TOMAT1C SPniXKI.ER hlu
Iness reoulrea a live wire who
haa had experience In solicit
Ins "nil who Is a result-Better
tu selling, preferably one who ia
familiar vvlth either the anrlft
Vlr liu'lneFa or fire losurance.
Real opportunity for rltht
oartv Pleas-, give details aa
to experience results acconi
i.nhed. etc. I" 722, Ledger Of
fice !
At "UlllOHII.E parts c.erk; piefer ona who
krow Ford parts: good opening and op,
mrtunitv Apply Ford Auency. 3302 chesty
not st , ,,
ACETYLEXE WELDERS
BOILERMAKERS
BOILER FIREMEN
MACHINISTS
LABORERS
Flrst-clsss men wantd
Apply Superintendent's Offlca
TOIXT BREEZE GAS WORKS
v
PASSY'JXK AXD SCHUYLKILL AVES.'M
rHILADELPHIA V
ft
It
AUTOMATIC
IC screw marhina operatowV -SrI
ut Xorth Bros., American nl"r, 3m
wanted
Lehigh ave
tirwim m
CANDY MAKER. Inquire Mr. Btrne
low tirove rath
CARPENTERS -
ilf!
R-, . . .....a v.nlal ffh WAfk.1
on Oovernment work. Qood wses. w'fc1,'aJf
Apily t one with rererencs. - -..
MIDVAt.H PTEEt. AND ORDNANCE CO.
KIJDTSTO'NR RIFLE PLANT ; Vi''V M
F.nnvsTONE. PA. -fiHAr .? "9
tiu.i .mi.tntra.nl honra-Dally.
to S o. m . f.cept 8undy-rSturd
to 11 a. m.
Trf-Rti
J"
CHAI'KKRI'fl TO OPF.RATK HI
CAR ANO WORK RMAI.I. uakii
r-'iitV-rnv lil.il,: ON BOOTH SHC
I.ONO IHI-ANO'. .MIIWT.IIH.8IJ
n-fj.Tfe arn Aitnviit nnip-r a ik
v .:. j.'..''v.v..;; :.. ..vuMi.i
.e.I.I(Y i r.ff ivr.i -,'i' onrtw.
' It t a-nill.n oi-VTflit. .
M -.. a-fc..-.-.. ...-?. (
tt. -CI''
' Till
"tJ
..
?i
H
m
N 3
ss if j
-1
-1
'.SB"!
2i
m
I f 4
i
fc 1
lit
3
-z9$a
ova r ",i
eAfX ,:
tf'
O-i-.l .'! 'A
mi
iv.-
-j- ; ',ti,,"s. . ' h - j
t a, - ' ' '
mL?&- i&as&v, JKJ?-ilv ".,. -r- -iWHiHB
' '" ' .. - y. i LLf
W. .! J . "f . L V-.t
- ... ..-V . - .
g
tt. ( ',
'"-J
' . A I H