1
' :mr- -v.H
h
m
&
W
&
;-
'
Mi
I !' "3"-
? GOSSIP OF
GOSSP OF
STRENGTH OF STEEL STOCKS
RUMORED DUE TO IMPENDING
RAISE IN PRICE BY WAR BOARD
Conference Between Manufacturers and Government
Officials Said to Be in Progress Utilities Plaints
Unnecessary Gossip of the Street
' ES-PT customers' chairs In the brokers' omces during the Saturday
half session and aWntee principals In a majority of instances spoke
more eloquently than words could of the General apathy In the financial
district. It was generally remarked that any one who wanted the
opinions of leading financiers of this city on Saturday would have a better
chance of getting them on the Bonrchvalk nt Atlantic City or on the
" llnUa ot the neighboring country clubs than In the financial district,
whlle the announcement of the death of John Purroy Mltchel had no
effect In the brokers' offices and among the bankers In this city, the
calamity had a very soherlng effect when tl?e news came over the tape,
and many were the expressions of praise for the dead hero and sympathy
for his people, and It was evident he. had endeared himself In a most Inti
mate manner to many In Philadelphia.
One broker said the npparent weakness in railroad shares Saturday
was possibly due to the failure ot the Government to decide on he
terms ot the railroad contract and to the contention of Director
Genera! JfcAdoo thn,t the money spent by the Government In the main
tenance and Improvmont of the ronds should be deducted from the rental
which the Government pas to the companies. It Is said this ruling
would apply only to such roads as do not' possess the collateral necessary
to secure the money which tho Government would advance to the cor
porations for such purposes.
In view of a continuation of satisfactory news from the European
front brokers were of the opinion there would be little change In the
trend of the market during the week, although many ot them
claim the present condition of the stock market Is such that "fireworks"
may occur In some particular Issues at nny time.
Conservative houses continue to advise customers to buy for hold
ing or investment any of the standard Issues on reactions.
Federal Reserve Bank Assets Soar
There was an Incrcuse last week of nearly $10,000,000 In total earn
ing assets ot the Federal Deserve Bank to $9l'.03:.,950. a new high record.
Bill discounted for members were reported at $Tl,45-,."i21, against
560,216,79.". on June 28, indicating the resumption ot the sale pf Treasury
certificates and the steady and heavy withdrawal of Government deposits.
The total reserve held against combined net deposit and federal note
reserve note liability was 63.6 per cent, against 66 per cent on Juno 28.
The Federal Iteservc Bank has notified depositary banks In UiIr dis
trict of the withdrawal on July 11 of the balance of the Income and excess
profits taxes held by them after making payment to the Reserve bank
of the July 9 call. In addition, the banks will be called upon to pay to
the Reserve bank on July 11 20 per cent of deposits arlsins from pur
chase of June 25 Issue of Treasury certificates.
' War Board May Boost Price of Steel
It Is common talk In the Street that at present there Is a conference
going on between steel manufacturers and the War Industries. Board
with a view to an Increased price for basic steel products and that an
announcement Is due at an early date, feome believe the War Industries
Board wll recommend the Increase and that knowledge of this i the
reason for the strength of the steel stocks. It Is argued that as the
Government has granted Increases In the price of wheat and copper
principally on account of the recent Increase In railroad freight rales,
that.8imllar allowance will be made in the. case of steel prices.
Reading Unscrambling Rumors Revived
When news' Is scarce In the financial district and there seems noth
ing to talk about, It Is always In order to bring up the old story of the
disintegration of the Beading properties. A permanent customer in one
of the boardrooms of a well-known downtown office said he had heard
from an authentic source that an announcement on this subject may
be made any day. He said now that the road was under Government
control It vas considered the time was ripe for the segregation of the
various properties owned by the Reading Company, and this nccounted
for the recent firmness In Readingv which had been accumulated by string
Interests.
He said It would be a heavy financiering task to unscramble the
eeveral Interests, with their mass of almost Inextricable overlying jinil
underlying securities, and the speculative possibilities of the situation
would be unique. But this disintegration of the Reading properties
seemed as likely twentyjears ugo as perhaps It does today. .
And yet from another source It is affirmed that the Government has
determined on the segregation of the coal properties from all the rail
roads. As far as the Reading goes, certain difficulties are pointed out.
Among others Is the fact that all the equipment used by the Philadel
phia and Reading Railway Is owned by the Reading Company the hold
ing company for all the associated properties. One banker remarked in
this connection that the segregation of railroads from other properties,
while a big Job, was not so big as some of the Jobs the Government haa
tackled and got away with recently. "
Utilities' Plight Largely Mythical
It w.quld seem as If the "plight of the public utilities" In the matter
of new financing, which was so widely proclaimed recently and from
which disastrous results, It was said, would ensue unless the Government
carne quickly to their rescue, was largely a bugaboo. The financing
process seems to be going on very smoothly in almost every Instance,
whether the Government intervened or not.
One of the recent Instances of this kind Is the financing of 'the Cltl
rens' Gas Company of Indianapolis by Lee, Hlgglnsun & Co., of Boston,
"Whose local office is in the Land Title Building.
The issue was for $1,500,000 7 per cent general mortgage sinking
fund gold .bonds, maturing serially from May 1, 1920, to May'l, 1923.
It is said the issue is largely Bold, but the fact Is this company, which
supplies Indianapolis with gas at sixty cents a thousand, Is a matter of
some Interest to Philadelphlans, especially when it Is known that only
recently a five-cent increase, which brought the rate up to sixty cents,
was allowed by the Public Service Commission ot Indiana, and that this
additional five cents Is to give the company $186,000 additional income,
which, with the amount received frorfj the Government for by-products,
will, meet the Interest and sinking fund on these bonds, the proceeds of
which are to go toward the erection of forty by-product coke ovens in
addition to the 100 already in operation.
Dull Weekin Bond Market
Many of the bond and Investment houses reported a limited business
at the close of last week. There was no special demand for any par
ticular class of bonds, the different Issues being fairly well distributed.
There was some buying of the Wabash Issues, and this was attributed to
n, possible early and favorable contract with the Government, i
Brooklyn Rapid Transit notes sold above 96. Further progress was
reported in securing the assent of the present holders of the notes to the
Government proposition' for extension of these notes for three years,
which calls for deposits of 70 per cent of the notes by July 10 as a con
dition to the payment by the Government of the other 30 per cent In cash.
Not much can be said about the liberty Issues further than that
they were steady.
A. bond expert figures that a comparison of the present prices of
bonds shows about an average decline of 17 points In first-class railroad
bonds,- of 16 points in second-class railroad and public utility bonds and
of 6 points in industrials, compared with the early part of 1917.
LONDON STOCK MARKET
Filr Inveitment Businen Done in Home
and Foreign Rails
London, July 8.--The (stock market to
day maintained a firm, undertone,
especially In home and foreign funds,
where a fair Investment business was
done. Most of the support was given to
home falls and oil thares at rising prices.
Bank sharea rfls'o received-attention on
Amalgamation' rumorB. Argentina e
curttlea were Irregular, . ,,
Money was In better supply and dls
, count rates were steady.
Refined Sugars Unchanged
New, York,. July 8. Iteflned BUgars are
Unchanged with local refiners quoting
One granulated at 7.50c. Raws are un
changed at 6.55o for 90 per cent centri
fugal. .
CHICAGO BUTTER AND EGGS
Jaly S: BUTTEIWRectlpti, II..
Unchanged. . .
IIW.. :, Exira
jt
CW4.
- Hirlsl iBMlpflf I
gV." - r .-'t-YEEyiM PUBBIO LEDg-PHXLBELPHIA, MONDAY, JULY 8, 1918
THE TREETlrnadciphia Markets iToATS CLOSE SOFT Eft "TBisriVEsscjBRR lla&lsSaa
THE STREET
LOCAL MINING STOCKS
TONOPAH STOCKS
. Hid
.03
.19
.03
. .01
.10
.1)1
,0H
.93
Jim rtutler ......
MaeNamara
Midway ,
Mlipah Extension
Montana
Northern Star ...
Rescue Eulu ....
West End
Ask
.85
.21
,07
.07
.12
.us
.10
.87
aOI.DPIBLO STOCKS
Atlanta ., .04
jnue nun , ;, ioi
Itooth ...,. ,,,, ui;
Dlamondfleld 11 IJ ,,,..'., oi
Daisy ....,,.,,....;.. oi-
Kewanas .. , ...,-,.,. , .,.., if
Oro .,, , .01
Sandstorm Kendall , ni
Sller rick r.i..-:,. !o3
MISCEI.INEOUS '
Arizona United ,17
Nevada Wonder -i.,,,'. ,7A
Tecora Mining- ,10
.0(1
.02
.03
.03
.1)4
.02
.02
.03
.20
.87
.19
NEW YORK BUTTER AND EGGS
New York, July 8 BUTTER Receipts.
12.932 tubs. Markt firmer. I(lher scor-
in.f) ith el. 51V,, A1 'Hci firsts.
42vyfi'44c; Stat dairy, 44e,
Haas Receipts. 14. LIT easts. Vsrket
firm, ti Extras. Mai extra firata. 4tAf4ant
! frits. 41ci seconds, 33SXc: brown. 45
A
GRAIN AND FLOUR
WHKAT Receipts none, rrlces firm, with
y'rv light offerings. Following are the nuotn
tlon! Cur Iota In export elevator (Govern
ment. standard Inspection), standard prices
n i northern sprlni
winter. s.S!s No; 1
hard whit. 1 ni. A
c, S2.3V; No. I hard
wirnt?r. &?tV. Vi
Nn. Sv.l2.ll! No. 3. t2.3J: soft. No. t, r.'.37i
un, en, .-, .',.-f4i roil. IXO. s. 9J.no. .
, CORN Receipts, 277S bushels. The mar- t
net advanc-d freelv 2r under very Unlit I
titterings. Quotations: Cur lot for local
trade No. 2 yellow. t,l.2P1.04s No. a ,
yellow. St. 1)001.03.
OATS Receipts. R2,ftB2 bushels. Demitnd
JT. fBir ani1 the market .ruled firm under I
L'jTt' "ferlnas. The quotation! No. 2 white, i
nS9Ur. atandard white. SSV4 Wsnrj. No, 3
white fcseMHr-! No. 4 white. 8IU, WMHn. j
I,1"", lbs. In sacks. Offerings were very,
light and Prices were strnnslv held The I
i following nre the uuotatlons (old): To
arrive. p,r inn hs, narked In D8-lb. ssrks
"Inter wheat, lno per cent Hour. S11.2SW
I I:-."?J Tvni wheat, ion per rent flour.
lll.BOll.7.-i! spring wheat, 100 n nt
(flour. Sll..-nW11.7."i.
.HVE KI.OI'R whs nulet and stcadv
We quote at SlOJrll per bbl. In sacks, as to
quality
j PROVISIONS
Them wan a fair jobbing demand nnl the
(rntrket mini firm Quotations: City beef
tin eU. trniokevl nn1 Rlr-ilrled, 4lc; wmtern
Icnucklfft nml tender, .nmokert "and alr-drled I
4.V; weM.rn .bepf. Mhuckles nncl tenders, I
UFfl. in ftnra nmnlrail Jlo nltv hr.
AS(..V: hnhia. P. V, rui-rd, 1oos CPI?30r.
I no skinned, looe, 'jnftanr, do' do, nrnnkpd.
iSlWfllV. other bam, smoked, rltv rund. as
1 tn bnrnd nnd niermre. .Tfioalc; hams,
I mfik'ri, vtern, cured, .IO'T7'32p; dp. boiled,
i bonHe. 4.V, nlHnr Hbnulder. S. 1. cured.
loow, Wc! do, smukM, 2.1c. bellies. In pickle,
.ftcrordlnjr to it vera ire, louse 32c; breakfast
1 bjjeon. it a to hrnnd and nverasre, city cured.
1 40r: breakfast hncon, western cured. 40e;
' lard . netern. reflnM. 2.V ffr2fle; lard, pure
city, kettle rendered, 2S43 2nc.
REFINED SUGARS
Trarte was quirt but prices were flrmlv
nld on a, bat In of 7 f.Oe for Hue Granulated.
! DAIRY PRODUCTS
, lU'TTEn There wna n fair demand and
the market ruled firm under moderate offerings-
Quotations. Solid-packed creamery.
7".', ".?' " SP-""r'n Bno.1. 4'(T4Wi -
tra firsts. 444c. firsts. 4S4lci seconds.
'.'"..iilv ancj- nranns ol prints lonomg
at Sltssc, choice ut 50cj fair to good ut
rrnin.m..I, ,i -.. -.. - ..
l-.tjU. Demand was nclhe and prices ad-
vanced 3cic per case. Ouotntlons: Kree
' rases, nearby firsts, $12 00 per standard
, case, current rccclfits, 112.30 per case; we.t-
i .i!.' Alri nrais, 9i.ini per caer: nrnis,
II.'. a(l per case- fnncv Kelecled puira were
Johhlni at 4W.1(lc per dozen.
CI!HI3Sn Fancy (roods w;ere scarce anda
hiria a f.. .,.-. .ri. .Lt
n-.llk. fancy, fresh 2Vic: specials higher,
N'w Jnrk. whole-milk, fair tn eood, fresh, i high on September was 702c, the hot
" "-,c torn fiO'vc. nnd the' close !' 9,e.
POULTRY
MVK Konls were nrmlv
held
Rnrlllg
chickens sold slowly at th
Quotations: Fowls. HOSiaTe: i
late
decline
owls, anisic; spritiK chickens.
not Leghorns, weighing 1 i 61
IbS. anleCC
irwi-- un. , nue i.egnorna. accorning m
sire. 3flft4(ic. staggy young roosters. 'jnnjiSBc;
old roosters. 22 if 23c: ducks, fekln. 2S4j3()c:
do Indian Kunner. 20W27c: guineas, per
p.ilr si a.Wi.i.-,, pigeons, old. per pair. 40
421f 44c' do. White l.eghorna
1f4.,e: do, voune. per Pair. 2Sflf30c.
DRESSEK POOr.TIlY Fowls, and
old
roosters were 'c higher with a good de-
iii.inii. i,u:er npscripfions nrm. rna nuoia
...,... I'lcpu-nuiru lump, ,11 uuia,, iniiuj',
dry-picked, fancy selected. 3ilc; weighing 4
Ihs and nier apiece 3."4c. sthlll alien,
asm.i.ic. old roosters, dryplcked, 'JAUc;
spring ducks. Long Island. 85H8ilc: equals,
per iloz.. hlte. weighing llifi'12 Ihs. per
dor S.2.-i. do. ue-liihinir Dln lbs. per
Mnnc L-abW .1.1 1 1...1 ..., 1 .. LLI. -
i8 VJ,W V"0i tv,"''1,''1;11 7 lh"-. "rr !.
tii.. do. wetvhlner nfiiSW Iha nr An .
,-ii; nark. J l.oil'a 'JOli, small and No
tlfl-J .".(I
r'RESH FRUITS
Pearhes were more plentiful and weaker.
Cantaloupes of fin- nunllty were a shade
nrmer. ijuotations: Apples new. per ham-
I n-r
ROe 12.110: Peaihea. Oeorcla. per -
i basket carrier-
..en,, or ueorgia. i-,ir..iii:
. lllley Ilelle. jaW-'.'.'.-i: Klberta. J2.2.-iST'2.BI;
ipiiinns, iter onx, fo..tin(l P..-111, oranires, I all
inrnia.
I Florida
nrnla. jwr box. ir,..-.oi7.K()i srap'efrult. I
??r.,'rX"rr, Jl'.y"?,'- rro,
lleo fier crnte. I'JwS; ilo 1-lorlda. per crate.
.IftS; do i-uban. rer crate. t2 7.-,WS: cher-
ies California, per box, MSf2..-ii; do. New
ui
J
rles
York, per (l-lb. basket. 7X01BJ1. apricots
t'nllfortila. per crate. 12(33. .10. rontaloupes,
California, per standard crate. 3 2.',ir3.r.n
do California., per pony rrate. I2.s(lffr2.7.1
do. I'allfnrnlaf Pr flat rrate 11 SMrri.nn:
,do, UenrsU her standard (rate. 11 TSffB.SS;
do. (IsoralH. per pony crate. $l.2.31 r,0: do,
ueorsia, p.nit meat, per nat crate. ,.iia,,)c;
i watermelons. Flnrldj, per 100. $2585: do,
I Florida, per carload, Ji.'iOlif 42.V
VEGETABLES
Ilerelnts were quite liberal, but demand
Mn fair nt rlnp(1 flcurn. Quotations:
Whit potatoes Norfolk nnd Hantern Shore',
wr bbl No. L $4.V1!A; No. 2. J2G)2.I.n.
whltr potato South Carollnn And North
Cnrollnn ier bbl. No. 1. $4T4 T0. No, 'J,
fl ."oWl'.riO: white potntoen, Jersey, per S
i liuKhoI banket No. I, OOetfTtl.lli; Nn. 2.
W)1tClri Kueet pot x tors. Jersey, per ham
per Nn. 1 IS.ftnOS: No, 2. tl.safTl.TA:
fcpt.int. Florida, per box $1 IT.TiO. do.
Norfolk, per flO-qunrt rrate SS.rinfDS.T..
cucumbers South Carolina, per banket. flOc
l.23;do .MnrMnd. per banket. Sl.'J.tfH 7r:
do. Norfolk, per bbl.. l"f.n4: nenners.
Florida per crate. $H2. onloim, Texan, per
(crato. Il.;nro2: do. Jersey, per , -bushel
' Dushei-hampcr. 2 2.-if(3. iiiusliiooms. per lb..
mis' Inc.
Government Local
.Market Keports
77if rfnlj report is sent out hy thr
Bureau of Markets of th Vniitd Slates
Department of Agriculture. Philadel
phia branch, with headquarters at S00
J5 nsiirniicc Exchange Uuildinij.
(Wholesale prices on large lots to
Jobbers based on Fales at the various
railroad depots.)
Knurrs
APPLE? Delaware, per hampr. 41 T.'.
IS: poor. .lOrfi f 1.2.1: New Jersey, per i -
I bushel basket. S1W1.'".
! Ill.ACKnKnnlES New Jersey, per tiuart.
I 17lRc.
(.'ANTAI.OUPnS California, per standard
crate (45 lonea). JS.riO; ponies (4.1 and 84
lopes). $2.riU6'3; fiats (12 and IB lopes), II. 2.1
0M..1O: (leorala standards (1.1 lopes). $1 7.1
I 02. ponies (4.1W.14 lopes), $1.2.1; flats,
I pinks snos.-.c.
CIIKnniF:8 New York, per fl-lb. basket,
sour. sOK.1c: sweet 00c.
i CURRANTS New Jersey, per nusrt. 1.1
lsc: New York 1T.C.
HUCKMSHEBKIKa New Jersey, per .
quart. MWlNc.
Lj.c".Efc?'?.r,".rsr5-sbrk'lt,,ir,?i:'
12 2.1R2.7.1. I wealth Building, who has been actie In
IlASI'llERniES New Jersey, per pint. both Industrial and public utilities for.
ll12c .... many years. Is reported to hav- secured
WATEHMELONS Carlots. $2230350. lhe rghts for patented machines, to'
VEGETABLES ; manufacture paper cans. paer cigar
mnminra-Vearbv irreen per huneh boxeB and sundry containers for liquid
Co?oM? M"arn and dry commodities. Special machines
lbeioe; culls 70c. ! are being built and a factory site s
HEANS New Jersey, per K -bushel bas. lected for the manufacture of these ur
ket. sreen. 40oi.ci wax. an.inr. tides. When Interviewed Mr. Miller tie.'
MEETS Nearby, per bunch. 3rc. fllned to state whether securities of the '
CAHHAOE .New Jersey, per S -bushel , corporation being formed under Penn-I
'"r'-AnnoTS Nearby per bunch "3t,r , sylvanla Jaws would be offered publicly
roH2NJer.& whether It would be a close corpora-1
ll.snei.n.1. ...
WUl-lJMiir.lin aroiinttn, it-r uupnr, nniii
per. Due ll.'J.1, Maryland. tl.'JSff 1.(10; Nor
folk, per bbb jaS.SJi New Jersey, per
at .h!,.h lmnket S 1. 2.1 & 1.35
Eaon-ANTS Florida, per crate
II
2,r,o.
LKTTUCB New York, per erate (i doien
heads). .lOcOllj rennsylvanla. rer bushel
box. nOe$l. , ...
MUSHROOMS Nearby, per lb. : to t ib.
baskets). 1.13.1c.
ONIONS Texas per bushel irale. yellows.
11.7,102; New Jersey, per U -bushel basket,
yellows. 711.15; per bushel hamper, whit.
t' os3
ITpEAS New Jersey, per H -bushsl basket,
PEI'PRRS Florida per crate. $101. lin;
New Jersey, per -bushel basket, 85c
POTATOES Per bbl. (approximately IBS
lbs.). South Carolina and ..North j arnllna,
v 1 11 '.afH 73l No. 2. $1.502.25: East
ern Shore No. ! U ?50W.i.2.1: No. '-'. t--&
2sf mJcblnSrVjled. IS.MgS.Wi New Jer
iey, per H-bushel basket, No. 1. $101 15;
No. 2. nW7.1C. , . ., -
riADISHES Nearby, per bunch. 2ViSc.
ItHUnAnH Nearby, per bunch. 2 3c.
BCAI.lVlONS Nearby, per 100 bunches.
"squash Nw Jersey, per i-bushe( bjs.
tt r?AiS-u ..- T-r..vN .r si .bushel
basket. $lVl.S5l culls, 507.1c.
Cotton Buyers and Sellers
New York. July 8 Jul' c.n b,f ,,
. October Schlll. Hubbard, Frederick
son and MqFaddan bid: Downs, Johns
ton. Jtussel. Drooka offered.
December Hlordan, Martin. Newman
and Schlll bid; Hlgel. Bartlett and
Frederlckson offered.
January Hortcprn, Ilosenbera; Ou
moens and Jay bid; Rountree, Schlll.
Johnston arid Hubbard offered.
March -I-owensteln, bid; Hartcorn
and Wlerk offered.
May Gumoena bid : Slgel and Wlerk
offered. -
Advance in Raw Unseed Oil
New York, July 8. Announcement
was made today by the American Un
seed Company of an advance to $1.67
In raw. linseed oil In-slnaie-barrel lots
and to $1,68 In five-barrel lots. These
figures Bhow a rise of about three cents
wrr,,, ?
AFTER FIRM START
It... f hi i ,-. -rr i
i l caturr of Market Was Hedg
ing Pressure in Lute Posi
tions Corn Prices Sag
IIMIN ItKI.T WKATIIKK lORnfAST
C-hleairn. Jrilj- lllltioH-l'alr tnnliM
and I Tiiradai-t rnoler In extreme aouth to
niaht; omenlmt wnrmer Tneaday.
.MlMnurl. NehraUii nnd Knnana fair
tnnlalit and Tuesday i omeulmt warmer
Tiie.dnr.
lronsp (ienerallr fair tonlaht and
Tnedn.v allalitlr vnrmrr tnnlKht nnd In
ulreme aontli Tneailar,
Mlnnesntn (ienerally fair lonlaht nnd
Tuesdat I rnoler In nnrtlnrent nnd allihtlr
warmer I" onthent tonlcht.
Iowa Fnlr tnrlrlit nnd Tueadayi lllit
ly warmer tnnlcht In eaat nnd vmth and In
etteeme enH Tliesdn.. .
North Dakota rnlr lonlsht and Tues-dav.-
cooler lt east! wnrmer Tuesday,
Montni'n fair . tonlalit nnd Tuesday!
warmer Tuesday In east.
lVomliiK nenrrnlli fnlr tonlelit nnd
Tuesdaji wnrmer Tuesday In east nnd
central.
CIiIchko, July 8.
Onts 'dragged, nnd after periods of Cyril Crofton.
firmness closed with a soft lone. The He don't look a hit like a Cyril, either I
feature was hedging ; pressure In the He s'a"(,B "" "It feet four Inches-a !
,,, ,,, ... , . . , great big, husky fellow, with a blond
late positions, which dislodged long mustache. But Bay. when that fellow
holdings purchased earlier because of smiles he Just gets you, that's all. I '
strength In corn, and nn neraee at
Winnipeg.
n..i , ,u ,-,,
Offerlnrrs from the country
for shipment were moderate. Talk of
an Inquiry for export was heard, but
no actual business was reported
The visible supply In the Cnlled
States Is 12.24C,non bushels, against
8.83(1.00(1 hliah.l. la.f ,..ar
."." misliels last year. The cash
article was enslr-r Shlnmenls frnin
e a easier nnipmcnis irotn
-Vorh America for the week were
'
. 2. COB. 000 bushels
rhe best on July oals was T5c.
.
'""
7tc. and the close higher,
at
"4',c.
Plln Inn fn liirfiial n-n 71 t'. c
. the hnttnni TOn .n,l lh flAil Tn7ni''
against .0Bc at the end Saturday
Th
against 6! V at the close Satmday
The coin market sagged toward the
rlnid trirtnv offer il IiiiH Wn ttrnno. nn
. .--..-.. .... .
"Km uucringa ann n good general ne-
mnnrl fpftnl r,Ttnnlaln,( hniltsu
A num-
l nt ,, . . . , ..
her of pit shorts were scared Into cov- ,
' erlng, and 1t was tight for a time. Some ,
hedtrlnir ut nntert In Inlv on.i nriit
n'K'"R "as noted in Jul nnd August,'
but none of anv great amount.
This wa taken .r. indicate that f.it,ir.'?.,HI'on "" " " "
and the cash article are now declining'
.., . . ... ... .. . . , .-...
to
ill. equal basis. There were offerings
of September on all upturns and that
delivery ended lower The weather wan
regarded as less favorable
The visible supply In the L'nlted Staten
Is 10,883,000 btishe
against 3,793,000
bushels last year Business was fmiall
1, pending the Issuance of the 5oernmcnt
crop report tomorrow
. The hPSt nn '"'' wn!" " 5;"- ""
I '1?tr,?m "; '" -'os $1.53. 5?
I f 1-53 V against $1.62 nt the end Sat-
urday. The ton on August was Sl.ss'.fc
1.1,. hottom Rafurdnv's close nf tl.B4
... - , -, ;,- ,. -,, . .
iiuu lilt' nil ill i a n f4 1 1 ut ' . ill). iu,
on September was SI.BfiVt. the low
ji Rti- anr. ,i,- n'nai ti rc.i ' nualnst
llil'l' at Ihe end Saturdav
i.o.2 ai xne enn oaiurnaj.
t,,njln fulure. ransed as follows
'in luiures ransen as '""ows
One.. Illah
Close close
Corn (new dMiven I
Au I -S4 1.S.1V,
Sept ... 1 M i :.o.
1 M' 1 r..v
1 M
1 SMs
ssi l M
(yBts-
I Aue .. . 7(1. Ill,
.Pent On's ,04
70
0(1 lj
70H
(lO'i,
noi.
i.nri
l.lulv ... 20 27 20 or,
.Sept . ..2B.2S 20.40 20.17
20 to
20.20
2R 07
20,10
24.0.1
24.S0
44.4.1
44. V)
lent . . .
nibs
I juiy
I Cm.
24.17 24. Ol
24 7,, 24.ft7
24, on
24i0
Sept 24.0.1
rork
Tk
! July
l.'..4.
4.i.n
44 10
14 00
44.20
4.VO0
, Pept
Financial Briefs
The I'nlon Oil Company of California
reports for the six months ended June
30 sales of $20,100,000. Profits before
depreciation were $0,450,000 ; net profits.
! subject to war tnxes, $4,550,000. or tha
' ennlv.ilent nf 20 ner cent on the out-
standinc capital Mock. The current a-
, setSt afl nf june 30 last, amounted to
;"""
$4,(i00.000.
and current liabilities to
i The memnersnip on ine i-niiaaeipnia
I Stock Kxchange of the late Harry S.
, limine,- liau been nostert for trnnsfer to
! ..,.,... ....... ,.-. . - ...
' m8 80" " Boara,nan .topper.
The New York Subtreasury gained
$302,000 from the banks Saturday,, re
ducing the cash net loss since Friday to
$135,(500.
The comparative statement of the
earnings of all Iiyllesly utility properties
for Mny snows gross or ei,7i;,4i3
i against $1,465,313 the same month last
year, or a gain of $247,160. Net for the
f month, increased .$24,357 r Twelve
months' gross was $20,803,854. an In-
crease of $2,834,800, with net Increase
1 for the period of $71,519.
.
I
Is located the Wall street section, led
ilhe country In the collection of taxes for
the nscal year tyre. ine total was
$457,058,250, of which $414,608,907 was
In Income and'ijxcess profit taxes and
I $42. 149,343 In miscellaneous taxes.
W. Ham- Miller, of the Common-
tion.
I
There has been added on the unlisted
department of the Philadelphia Stock 1
Exchange, $2600 Philadelphia Klectrld
Company of Pennsylvania stock, mak- 1
Ing total pf $24,869,275 listed.
George W. Norris, chairman of the
farm loan board, was a visitor In the I
financial district today. 1
Philadelphia Arrivals
at New York Hotels
K. I,. Palrd. Flanders.
Miss n. II. Bellls. Martha Waahlniton,
J. lluchanan. Endlcott.
1 Mcs. J. lluchanan, Endlcott.
11. It. F. Colter. Woodward.
A M. Kerrlll Kr.dlrott.
Mrs. A. M. Ferrlll. Endlcott.
II. Fluer Marie Antoinette.
('. I,. Oeisa. Ilroztell.
E. E. Hanson. Hretto.t' Hall.
V. R. Ilernde, Marie Antoinette,
W. H. Hoffman. Flanders.
J. Hutche.on, Ilrlstol.
Mlsa M. A. Klrchner, Martha Wa.hlnjton.
J. J, Leavenworth. Breslln.
E. Malle. Van Cortland.
E. W. Mowry. Ilroztell.
Mn. E. W. Mowry. Itroitell.
Miss II. J. Mueller.. Martha Washington.
A. B. Roberts. Colllng-vvood. .
M. A, lloth. Marlborough.
Miss M. Hamana. Martha Washington,
H, Scott. Woodward.
Mrs. II. Scott, Woodward,
J, nrackman. Aberdeen.
1; v. Collins. Albert.
W. E. Dkkson. llre.lin.
V, M. Oeti. Droztsll.
O 11. (lordonr Arlington.
J. Minders. Hroadway Central.
II. Moody. Arlington.
Miss M. Ost. llrand
Miss T. Quirk. Breslln,
a. H. Ryan. Herald Square. ,
W J. Beatty, Jr.. Walllck
Mr. 8. W. Urnnme. Ureal Northern.
O. Holt Herald Square.
J. Katsenateln. Great Norlherq.
J, It. King. Ilrealln.
A. ,H. Smith. Marlborough.
R, II. Thomas. Herald Square.
1; H. Wilson. Herald Square.
E B. Severs. Breslln.
,.,sl(orti-ht. Marlborough,
C. V, Slosne, Marlborough.
A, M, Smyth. Mursllon.
BUSINESS CAREER
OF PETER FLINT
A Story of Salesmanship by
Harold Whitehead
fCotvrioht)
.i..!i ""'''"'. "'"' ""ieer vo'ir hutdiras
S'K'; '..'.H'r" r,S'l.'r? Zd
Ml nrdrr,, mnare afoSeS Jn ni' irt.
ynose ttilrh are ni.oiinios must br (onorrrt
Anawtri In frc)inlenl oueutom trill he
1U tnnll. Other aurstionl trill be niiaii-rrerf """. ' learnln pholoeraphy. as It Is the
f thin roh.r.,. Th"m"t llinl?XoYrZi- "!y ,,nr "' business 1 can possibly under
m of ar;rr lll fce ilovfu Into 7?e , '"J ' "m maklnit up a list of the leading
Hon of Pet "r Flint uolf" """ ""! I photoarsphers In town, with the object In
l view of writing them and requesting them to
-,.;.,, I accept me If possible tn their establishments
t aaaiv in order that I may learn tho profession.
I AM beginning In iret ntille stuck nn Would " advise m to try this ldea7 If
urkiniiui; to gei quite stucK on ,. p)M wrlt(. out tor mr FUtsible letter
my Job In the Magnitude Life In-1 !p,",ln5 ,,hfm ,f "' llsablllty. also my age.
" I which Is eighteen years, and my desire to
surance Company. Life Insurance Is no ''"" the profession. w. Mo.
cinch to sell and It requires quite a high-1 end the photographers a letter after
grade ninn tn sell It. Whr mn fnllnu- this style:
In this office makes mnr. thnn ten thnn. '
aand a year. I wouldn't have believed It
If Mr, Perkins, thj anles Instructor. '
hadn't told me so. He says there are '
several of them who have made more
than that. He Introduced me to one of
I them In tlm nfflro tnriav ttla nama la
thought he owned the company by tli
wu ne nirouea arounu. tie auinot put
nn ... h,., ho .,,, Itl, . nU . , Mm
, don't know as Perkins would have In-
troduced him to me If I hadn't said,
"(5ee! Who's that swell guy?" He
called Crofton over and said. "Hay. "C C '
(everybody calls him "C I' "), here's u
youngster that's had a week at the
game and can probably tell you a thing
or two." Well, C. C. put me at my ease
in ii minute.
One thing he said stuck In my crop.
We were talking about getting prospects,
lhel.nd 1 said to Crofton "1 should think
It would keep you hustling to go all over
1 me place to see your people
He laughed, "young man. you can I
do two tilings in this business. You
csti spend your time traveling from one1
Place to another or you can spend it '
calling on people. 1 have got more
' than $80,000 wortlv of business In this
K..ttl. ..UJ ...l-lt. t .. .... .....I,!....
M...I..IIK, mm -yillie I nnn minus i u.
he other agents were chasing all over
the city for prospects. Kunny thing, the
ncit(se me iunu
, ,h,"k .
" , ' ",,",,,"" II
"alks about ten m
, vlrtuallv
merage lire insurance ageni nnnsetiii
get a prospect unless be
miles. Now, all my busl-
".". '"' "'"". ...'. .....i "l..''
i r.ie.m r. ,!! 111! hAHMHnrf lm - . I 'till
!,. ,f fr a 1-ai ihle Mnni nn I 1-1 f M r.'
"'I.' .' ... ,',' "..:. -. I ' , , . ..,.. .
e. -tnHA .....1 I.. !. n,11..n n11 ...It nlUnlu
' ' ".","''- " ' iT X "S ll '",.; ' 'n
..uu.u ,,.,.. .......... ...... ..--
your Hciion. J ou say you na itvvu
selling Insurance for two weeks?"
I "No," I laughed,
for two weeks, but
l'v. been nt It
. .. i ii
haven t bold any
1 yet. Perkins Isn't going to let me go
out till next Monday." ,
. "Well, now, when he lct.myou go out.
where are you going to start?"
"I don't know, I'm sure 1 nc-ver
thought of that, rerklns will give me
' some names, won't he?"
i "Oh, yes, he'll give j'ou some leads,
but you'll need more than he will give
you. so It will be up to you to pick some
i nut for yourself. Now, just think where
you fould start looking for prospects?"
t,,, ,,., .... ..,... , Thn
I Well, that fairly stumped me. Then
. r,lnembered Ix)ngr Island wis grow -
, Ing, so I said, "I think I will start at
fome of ihose little places on Long Isl-
and. I guess ery few fellows go out
; there."
"That's just where yon are wrong
t Nearly all the other fellows are also
' looking for the places where the other
, fellow doesn't get to, with the result
' that all these little outi-of-tne-way places ,
I are crowded with agents trying to write
un a $500 nollcr. wh e the big fellows
who want $50,000 worth of insurance
Wail IOT a ICHOW llhe .lie lO l.u nuu ,uin
their business."
"Wei), wheie would you start to get
business If you were me?"
"Where do you room?"
I gave him my number on Thirteenth
, street. Then he said, "Have you got a
' pal there?"
I Immediately thought of Francis. "Oh,
yes ; but I wouldn't like to ask him."
' "C. C." put his hand on my shoulder
1 nnd swung me around until I was fac
ing him fully and said. "Vou don't bc-
1 lle In life insurance, do you?'
,)h indeed
, ',,"l'1" '"
ougnt in nae ll.
1 think everybody
TODAY'S Ill'SINKSK KTIOnAM
Make good or make room.
(Sent by the flew It. V , Springfield.)
What does this mean lo YOU?
Rnsinee. Questions Answered
reail with Interest 5'our dally column nnd
, now """..."Vtlo'!;-Yk.ATiraS'r.0na T,
'?'l"wl1n ,n-,Vd o'nM.lfn a drui .tor? I
' R nehfne Pl"ne" brnmn sehV-.r.
..,, n nnd articles nf like nature for h
Bood m.in jears. and no une evei said an-
, thine eoneernlns lhe sale nf samo to m
! Now. th owner of this druir stnr asserts
thai It Is against the law for anv one who
tmue seilinr them, and I ould llt.e to i.now
whether I am permitted to sell them or not
ine pnarmacisi ui nuf.ui'u inn-ninn u r
n.iri me in the Hureau of Pharmacists and
sas that a One of $500 will be imposed upon
me unless 1 discontinue selllns these articles.
I. C
On right ahead selling the articles
mentioned. It has legally been estab
lished that any one can sell patent med
icines because It requires no pharma
ceutical skill to do to. I cannot say
m?
This famous old Academy
loqks back on years of honest
service to boys and to coun
try But never have there
been times calling for greater
service. It I" a high privilege
tu help equip boys for the
greatest demands of cen
turies. In excellence of aca
demic work and In Ideals
worthy the cause
Germantown
Academy
11 n s w e r 3
call.
the
Military Train
ing Is given
with the regu
lar gymnasium
work. Army
setting-up exer
cises and mili
tary drill will
keep boys fit
for possible
future call
Kind ergarlen
for hoys and
girls 4 and S
isath Year
Open. In
September
years' old. All
day session for
1st Primary.
th 'nnd Ipper
nth Forms.
Write the Jlead
Master. Mr.
Samuel .R, Os
bourn, M. A..
for catalog and
a r rangements
for personal In
terview. Germantoiryn, Philadelphia
i,yiiw ilUIH TjnEliHHfiZultJS
exactly to What !v ha refer, but It
probably would prohibit you from selling
anvthlnjr of a neneral nature contain
ing narcotics, (Jet a copy of the pliar
j inacy law front the State Iloard of
Pharmacy. It will telt you exartly what
, you can do In the matter Tell your
drujr-storo friend to go rluht ahead and
i do all the reporting ho wants to. If he
has any complaint to make tell him to
, put It In black and white, so that you
will sec exactly where he ntandn on the
matter, I will gamble that he will talk
1,11, ,,'nn't ,nl, n nlinHA. nM .rlt.ln. .,.
i any legal evidence of Ills statements.
"'" '' I"""-' ' ""'h ' 1
"."" " ? '.have been like that eer
"n.c'-A ' w"r,J "" opportunity to learn
a trade nr profession. I am extremely de-
I'cm .tii iii iut kip nio an
opportunity In your establishment to
make a living for myself? I am
eighteen years of age, have lost the
use of both of my legs, but my head
and hands work well.
I am able to get around quite
well considering my disability, but
naturally the loss of my legs makes
It Impossible for me to go Into
many lines of business
I feel that If given an opportun
ity I could make an excellent pho
tographer and do good work for any
concern employing" me.
The salary to commence Is of sec
ondary Importance What I want Is
an opportunity. Will you give me
n chance tn make good in your es
tablishment? If so. when may I
call upon you?
You say this is the only business you
can follow I wonder If that Is really
so. Could you not make a good ac
countant? What about the study of
law? Have you the qualifications to
make a good draftsman? Understand, I
do not suggest that there. Is nnythlng
) whuik who your cnoice or pnotograpny.
I hut you want to be quite sure that there
i ?,";?. "?' .?,.hf11;. "'Ings you could do that
f"" ee-fkeend a'ter
Up. and t know you will win out.
- - -
,. , ,rI,IrI , .... , ...,.,
ull' InlPLAiNh A SLCCLSS
,Ia, g , of ,. Mi H
.. , . '
Climbinj: .iOdf) Feet in a Minute
v.. nrl, .,,1,. S . A nnllio,. nrl.o nn
, . ."',:"',""'' " " '"'"." "'..
lirt , ?rA..-.i.. AVr.. ' r.'l J'L..
sled by the Curtlss Airplane Company
, rpsult of ... f ,rinInn
at Hempstead Avlntlon Kleld Saturdav
I anr, Sunrav. noland Rolff. oftlclal
....
tester for the company, took the blp;
machine ut. for a five-minute trial.
... . .
' '"" tripiane Is a new type of battle
.. .' '. . 'C
?" .l "n "u" atxvo cMn.e KUns:
n .;1R H luiNiinrst'power inoior, ann
the Curtlss nfllclals decla.B It cm.
cllml. B00O feet n minute. Its .need
l -., . isn m..o T, l '.ui.
,,..,i v . ...,,c.-. ., ,.ui. im3
, being facilitated by u huge four-blade
, propeller.
,
Iloll. Seies
.m-
'
Preparatory
Courses
, prepare young men and Women
r r J "
. for admission to college and for
all State examinations.
Full particulars given in Cat
alog M-40.
Dionr Diamond li.1l
TEMPLE UNIVERSITV
llroad Nt. helow IlerUs
rhlladeipnu
S1I0RII.M AND noOKKKnriNG
flreec shortha.nl lhe easv speedv system.
Huslnea.s toiirsfs t)av or evp schools Knrnll
anv time To meet the heavy and Increasing
demand for ounc men and' women with
office and business training our clast.es will
re ennunu'-u uav uuii piiiii inru-
.f itiiiuiiuu iinv unit I'truiiiM im u-
iSflfA r .-Te'r" V.r"Sr ."'
VS9 PHIL. Br,Sl5KN! roi.I.UOK
-T5? 1017 rhestnut, Sjreet
Strayer's Business College
Philadelphia' Greatest Ilusiness School
Expert teachers Modern equipment Ipdl
lilual advancement CharceB moderate !i
sltions urtranteed. Pay and NUht Clasnes
"(Hi studt-nts now attending Enroll now
807 rhesln.it Mreet Phone. Walnut 34
Shorthand System in 30 Days
Philadelphia School of
Office Training
N. K. t'OK. II1TII
Kntranie llh S.
i. rilKSTXl'T T
Thone I,neiit 18B3
BIDDLE SCHOOL rRlSUrn'"1
43.11 HAI.M'T ST.. PIIIUX. jt
PauUflil home environment, beat dlctnrv
defects minimized bv perfect method. Mon-
teesnrl method precedes Kenerat education
P.M.Ila limited No case hopeless. Hooklet
SIMMER M'linfll. WAR ('Ol'RSES
Rookkeenlnc. Shorthand. Typew riling.
1 English. Penmanship Prewiring for Civil
Service kamlnailons. Special advantages
for teachers P..5 and evening sessions.
Circular n free
PAl.MKIl SCHOOL in P 10th St
Teachers Wanted. Positions walling. Free
r.glst'n for College nnd Normnl araduate.
Modern Teachers' Bureau. 100? Market SL
WEST CHESTER. T.V
WEST CHESTER STATE NORMAL SCHOOL
lloth Sexe. $2211 to I?"') ', M- rhlllpn. Prill.
. KIXnTOX. I'A
WYOMING SEMINARY
A co-edueatlonal school where bovs and
girls get a vision of the highest pur
poses of life Exceptional teachers In
every depi College Preparation, Busi
ness, Music. Art. Oratorv and Domestic
Aria and Science Military training
Ujmnaslum and Athletic fields 74th
vear Endowed low rales Writ" for
i-atalog. Address I.. I.. ."Prague. I. II.,
President. Kingston. I'a. .
BEAI)lNOt PA. .
f
chtivlkill oeminarv
-.-- I
Readme s Junior College
Preparatory and Junior College courses for
all colleges and universities Co-ed. rlasslcal.
,nmm,rrlal. music, elocution and domestic
. science Hates I37B, Catalog op reauest
REV. WAItRKX.r. TEKL. JI.'.V.. I. I.
1 President
! Wll.l.lAMSI'ORT, PA.
DICKINSON SEMINARY ,;
'ollege
'renar-
atorr. Elective courses lo-ea. Large cam.
PUS.'.' gvmus all athletics UW. Cata'ng.
Address President HojJk WlUlamsporl. Pa.
i " yixEi.Axn. x. j,
JWAPLEHURST COLLEGE viri.nd.
' A select home school for a limited number
of retarded and subnormal rhlldren. Seven.
! teen vears' experience, lljpklet I.
Avlr.l.lr. l.r.ivsi i.i .vr..-.. .,,,.. ,..,..im..
IXAS?ASi VA.
EASTERN COLLEGE Kfft
Co-ed near Washington. V C. Degrees
granted all courses.' Prep School. Rate 1350,
Catalog. Pr- H. t'.,BnorrM'rc.. Rn A.
Veung Women and filrU
JKXKIXTOWX. I'A.
DEECllWOOD SCHOOL (Ine.)
Vor young womeji. Widely practical and
cultural urenaratory t- college departments.
Music Art. Domestic Science. Kecrttaryahln.
Normal Kindergarten. SvUmmlns. nool. Ath.
fttloEleld. A.ldres Box 41B. M. II ltea.tr.
pk. 1).. President. Jenklnlevrn. I'a.
w,
EiNTERTAINERS: HOUSE
AT CAMP DIX STARTED
Building Will Contain 29 Bed
rooms to Care for Visit-
ing Performers
Camp Dig, Wrlghtslown, N. J., July 8.
Work has begun on the erection of a
house near the main Y. W. P. A. Hos
tess House for the usf of the entertain,
ers brought here under the auspices of
the Liberty Theatre, the Y. M. ('. A ,
V. W. C. A , Knights of Columbus, .lew
Ish Welfare and other organlratlons. The
building will contain twenty-nine bed
rooms, a small dormitory, a large living
room, a small dining-room and kitchen
Last winter It was a real hardship for
the women entertainers who gave even
ing program In the camp to make the
Journey back to Trenton and other cit
ies, especially when they had tn return
the next day. The result was that per
mission was granted for the erection
of the unique building, which will be
ready some time In September
A romance which began In Oreece
had Its culmination here when l'rlvatc
Paul .Michael, cook for Major fieneral
Hugh L. Scott, was married to Miss
Mary Karr by Chaplain Howard Davis,
of the Pioneers. The brlde-lo-be arrived
In New York from Greece about the
time the bridegroom was drafted, and
the ceremony waa put off until now.
Nora Gaes and her company, who
have volunteered their services to the
f!o eminent, will give a vaudeville en
tertainment for the men at DIx next
Saturday and Sunday, at the Liberty
Theatre.
Keeping pace with the Increaf-e in
the tented part of Oix. the Y M. C. A.
has erected three large tents for the
use of the men of the seventh, eighth
and tenth battalions The same enter
tainments as glxen in the huts will be
provided for the tents, and the men
can obtain the same supplies as those
who patronize the huts
lnstrad of the usual monthly com
munion sen Ice yesterday. Dr A. C.
Baldwin, V. M. r. A. religious work
director tried out the plan of holding
communion services In various huts, and
me 1 1 mi wiic hi, Bucceneiui mat it proD
ably will be made a part of the regu
lar summer program.
Youth Arretted a Bootlegger
Joseph Mcllvolne. eighteen years old.
'"'Dstow n. ..n .(.. not only served sol-
? '""1..a"P.1i- "Era"S J? tne police.
'."l ".""' . '"' """"'. "1B. J"ne- to
,nP piace wnerc u was oDta.neo. mc
I Ilvalne was taken to the Camden Countv
I Jail. He will have a hearing tomorrow.
EDUCATIONAL
Vniinc Mmi nnd lloyn
KRUNO. MAN dmlr to make rschnnt;e of
hrnrh ifnnc ror KritMsh. uznnn.n.in n ii
SWAKTIIMOKK. V..
MVARTIIMIIKK rKKPABATORY .SCHOOL
A nchdol found upon a bauls n true Kin-
er1t.. well equipped nnd patronized hy tarn
llle of the beet rljien. Eloys ure moulded for
blffhettt manhood and tauht th trti. mpnn
Iiik of f. useful life A Friends' School, but
)ttronne in non-fi'tar)Hn. 6umnir "ration
Wrttc tor bklt., "The Vision of Sicarthmor"
A. I!. T()MI.10N, lleudniiiioter. Dept. 126,
SuHrlhmore. lti. fll mllen from Phlln 1
KYI.AI.. PA.
SPIERS SCHOOLn?iM!P.
rnCN'TUV DAV AMI II0AKDIM1
offers a modern m.hnol tn rrident of Phila
wild thoK In the vlrtnlt of OU York Uo.id.
.Tenktntnwn Huiittncdon Valley. nlj hoard
tng dpt. Murk If. '. nlert. Hemlm,.i"ter.
sr.TsiuKn. v.
KI.HKnilKT NPKIMS MC1K0I
Preparer bnytf for toIlRe or hulne?
'lne portion Hi attention. Kootbnll nnd basp
bfltl Held Oolf. Tennlit. New viiinHiiin.
w lth lmmlnr pool and Un tint alleys
S'roiiR romptttive team
Dr. A. M. UlNon. .Ir.. Pre.. Sull-bnrc. Pa.
ai.i.i;ntoun. pa.
Alleotown
Preparatory School
Prparen lovn fm i-adin -oHejee Hid.
unirltit5 HtKh mandardf" New build-
inn h'peel.il di'imrtnu-nt for bo oer iu
Athletic tenni" Larce campu nnd k) miia
slum Terr..n $40ii t'.ttalo? on request I
Vimt tb school V'rit- Hot 4IM
Wlllbim II. Fteee. Prliifdnal. Allenfoun. In. ,
MKIt( IJtslH l(i.
A.
Ml.lit KKMIt l A( I)K.M (ifr.T- Ihnr
oueh phsslra .pentol nnd moral iruinln
for collese or business Under t'brNt n mas
'ers riotn th.' wre.it univ Icn in 'he Cum ,
bi.r'nnd Viillej. nni of '!'- most picturesque 1
snots of Anrer New trvni I''.qulp mod Welle
for Cat Ad. llo 1'JO. William Mann In Ine,
l.l !., Ilei.dmi.oter. Merrersh.irR. In. I
itKi.i.F.n.NTi:. r.
IIKI.I.KKllNTi: U'.lllKMV l.lllllteil 10 III'.
.ounc men. 1.1 and up nthletlr field and
cym mod rates. t-atloK Jiunes P
ll'.ghws A M Heaiimsster llellefnnt ' 1
HLA1RSTOWN. X. J.
BLAIR
ACADEMY
FOR BOYS
BLAIRSTOWN, N. J.
Healthful location. P. niUes from Dela
wont Water G.ip. Ht0-mre r.iruT'iJs Hn! ad
lolninc fitrtn I'erfect eauipmenr X HhikI
nme bulMlriKu JJuiieriierl athletic Double
KjmtiBnluni PreprTion for ioIteK1 airl
teehnirHl m hools MilltHr drill Visit niatr
aiitl R" 'is aflvsntHsfeii Write for lytaloK
JOHN O. SHARI'K. 1,1.. !., Ileiiirmnter
I'HI.NCKTIIN. X. J.
PRINCETON PREPARATORY
school rem nos
College prPHrator for boys 11 vearn and
older, ben ut I ful loeatlon n.at .aaey; e
cellent fa-ultj well r-qulpped bulldlnEH
tarcf sround. KUper.ed athltlra A'Ail
yenr i'-'!nr on reayp'
J. B. FINE, n;;,d; Princeton, N.J.
HArKENSACK. X. .1.
NEWMAN SCHOOL
ll.U'KEXSACIv. NEW JER"Sr".V
A college preparatory hoarding school for no
hovs L'ner Catholic auspices. Hmnll classes.
Individual attention Resident chaplain.
.IEPSE ALI1ERT LOCKi:. 1,1. 1) .
I'rsldnt of th Hoard of Trustees.
C. E. DELBOS, Head Master
nORDFATOWN.
.1.
Borden town Military Institute
Mtntfl. moral. phKim mtlltnrv fninlns
Hnrdentovvn-on-lhf-Delaware New Jersey.
11 till IlL'tlliCII' tin
.
tome school " preparatory
Port Deposit. Md.
STAVXTOX. VA.
Staunton 'Military Academy
Only fiovernm't Honor Academv In South
Largest private academy In the East
Hovs from 10 to 'JO years old prepared
for lhe Universities, Government Acad
emies or business. Gymnasium, swimming
pool and athletic park N'ew Il'OO.OOO
barracks. Charges, 1170 For catalogue
address Col. WM. (1. KARI.E. I'h. !..
Principal, Staunton, Vh.
WOIIOSTOCK. VA.
Massanutten Military Academy
Incubates finest home traditions of the
Old Dominion Healthful location In beau
ilful Shenandoah Valley 100 miles from
Washington Prepares for college, technical
schools and business. Music, athletics,
tv.vnon Dining. Hall and Dormitory Limited
tn 10(1 boys. Kites 14(H). Catalog on request.
Howard J. Ilenclinff. A. ! Headmaster
WAYXKsnOHO. VA.
FUhbume Military School
Xew 1 00.000 Fireproof Kqulpment
Prepares for universities, business life.
Diploma admits 'to all rolleges, llesultful
military training, beautiful, healthful situa
tion;. Kvery cadet partldpalca In annual
encarnpment at Oroltocg' ,on, 'Shenandoah
ltlver. 30th vear. Small efasp.., Otalog.
JlnJ. MOIUIAX II. HI'IKil.NH. l-rla,
.. vv,. , e.iT.,ru., . .,
?-. VJdH-I" '"
t- e-4 --fehf 'rj-"t .
'-in"nt J- 4r""..
m
..M-. ,., iS,
MEADE REPAIR!
SAwmunNwiit
1 vwp
Elaborate System of Cbr
1 T 1 .n"'1
uon ami nciamauon ;
Proves Big Success V
. Mi
!
j-:'!1
flu a Htaff rorrrspoadent ij!
Tamp Meade, Admiral. Md.t Jutyt
Army efficiency at Little PennV
saved the Government approxlmn
Ji.ooo.ooo. Ka
i ma achievement has been. ,ac(
pllshed through nn elaborate syttti
conservation nnd reclamation, ant
ine seieciives who extenaea tneir'
operation must go tho major share
the credit.
..Vi
tVhen I'ncle Sam decided to "l'v
Kaiser a good thrashing he henV!
energies toward the organization cq
greta army and navv. but the erla-e
of war compelled him to watch l-.i'M
nles with more than ordinary, se'al. ,i
lo check the enormous expendjtu
me army men studied the method
our Allies and within six week, i
the organization of the natlontl-'rjify
divisions a very workable -atmtfS
reclaiming damaged shoes, clothing 'Sft4.fi
equipment waB under way,
Repair Men Will Remain
rV4'ljJ
mp!lrte4l&
At Camp Meade It has accomblli
wonders and the force ot men enfcdv
In lha n-nr.f ..tl ..mnln n-l...., X i
... .... ..w. n.ii irntniti. I, flnjrfV.
nnnmln a liapneti hnn a !,.. WAMIfc-,.
Ing establishment equipped 'wllhWf5
chlnery, clothing shops, a laundry'fandl
several estatinsnments where autotrucks
and ordnance nlf ces are repaired. !' ,4S
Campa'gn hats that are anparelltlrVJ
useless are sent tn the camD hatters lind??F
i i,i:iiM.4i ?if '
after being reblocked and enulpped-,.lthlro
new sweatbands are sent back to.UhKri
,tne?
storehouse to be reissued.
m
llegln Flnnl Training Today
Artillery regiments begin the lat'ttjM
u, iiicii ,ja,iuiiK tuuttj mill iiiuBi.i
poriam on me training scneauie '!
work with the gas masks.
j ne following transfers ana as
ments were announced today: Maio
B. Mayden. 311th Field Artlllcry.lf
cently promoted to the rank of )leut
colonel, to remain with his retnn
First Lieutenant M. II. Irrtnch. tni
assistant conservation und reciarnWoitl
officer; Lieutenant Coleman BresWni'K
3i5th mfantry. promoted to, captutfey
ami ,,lllw,, In chRrKe of reglmentat r1
sonnel ; Lieutenants Frederick McCwrtM
Infantry, nromoted to cantainclen;'Mnr.AJ,
porals Bauerman. Buckley, Fltt;erftld,'-
iiuason, jacons, i:zeii, I'atieraon, tUM-
niiiTi. Krnii'n. Mllr.ihv ami Aff!rwtrv At'
be sergeants. In the 315th' InfantryrrS
t'rivnte Herman a. hooo, i6tn tepor.j
oiJKtiur, nucfl iu atiniiun. awiuil 1 -M
1 signal corps. St. Paul, Mlnn. Corporal.';fl
Frederick Voy, 154th Deport Brie;aae';'',tow3
311th Field Artillery. ', Zgl
"3R1R wm
t. 5-Mm
Mmmt-v mmaimj-i
T .&
Voi.ng len nnd Hots , ' v "' Ww
..AHKIM.IKU, I'il. -rj-rt.1
aurisiljucg QtabimM
A CanKnl Sehnnl ntnr rnnlini niiSr:!
. A rountry nchool founded 17K0. Madtflfefl
nuiiciing. larce ranipuw. Advant-e ft
jinall clasDee nnd IndlvIdUHl lntruettnj
Thnroutth cnllvRu nreparntfon. . Rati
$nnO to $R0O. Supervised athUttfl
Invite, i-loseet hncetiautlon .1 nerannK
visit If noeslhle. Write tor our rnt-,I
loa-u nnd plans nf new. dormitory. .Vwl
.lunlor schom hulldluc V111 be open fr;I
reiumis'r icrm. Aanress "'S'IS
.KTIUft K. HROWN. II. A.. HeadmastW' I S
IIK.THI.KIIKM. I'A. ' , .. , fi5
lllvTH
khi:m i'itt;i'.ii.Tnn,v-8r
.-oiu
ctoiinda and athletic t, M
New bulldittr
MiIIMrj Tra'nliiR. JOHN I).
M. .. HeiidnniMer, Hetlilehem.
Tl'WJElVN
PI-.NNNHriUJ. ,, f
IVrLlnmti Sirhn,,! fn. l.nr. r.(.v tiw.m-?2
nftvn
n,- M.i.i.i ll..... ,... n..n,H. . ,fT 1 ..$
lure Ab Athlell. . Junior School Tt- ('.
counter hoa Cii (nlni-lie tlM K. K-tihml
1. I'.. Ibiv 110, I'c.insbiirc. I'ennsylranU.
--- '""g )linen nn.l tllrls
CIIKSIXt T HIM,. I'A.
Special Course In
Art. Mnslc anai
Domestic Seleneg:
flOount
St. Srosepb
CoHcgtatc
Unstitute
for (.Iris nnd
Ii.ung l.ndies
A.so rc.emen
tarr Intermedl'
ale. Cmmerrlsl
and College Pre
paratory dlvlsons.
r o 1 1 b t a t
iMsscs rnr Acs,
d'm'e Graduates.
CIase for day
punns. i?ernrt
ment for little
bovn
Fnrtv.flie v sfrs
Campus. fc Excel
lent Ovmnaslum
Write llox J0,
Chestnut Hill,
Philadelphia,
Pa., for 60th
Year Book.
instruction.
Amilated nlth
. niiiun iin.ver
s!tv nf Amr.,
nd I'nlverslty of
I runs
SWARTIMIOKI-. PA
viary l.on School for (llrl
ci n.;.. .... .-k .... ".'-'v numo soni
A home school.
New nrepf oof bM,u v f.'-Sr !"- '?.'
Tf-SM
H tM
ssa in
Catalog Address flog 3 vK i,:1"' ' V
I-IIITA Ta7 " f
Linden Hall Seminary . ' "f
A girls' school since 1T4H. Academic. Coll',I.
Prep and Special Curses, Sep. Jr. ?Jtnt iH
S mrJTi ':".'i'- ')og- iteV. "i' fit,
" ST'-XLKI..J'rllii.. Hov 103. I.ltlegJ. f '
H'KVT nn.-fc.-ri.-t n..
DARLINGTON SEMINARY " 4
FOR CIKI.S ii.-l -.,..-.-,-. -? .'.T'l
Located on a (10-.., re estate In PenngTv-. .'
ilu;em0:r,betV"f.ul r-nilni countr"?"ii;: ...
guage. Art. .Music. Expression. Art. -St i i
r.;J"" ?nd '''ime-maklng Courses, Collen t
Preparation with cerilfl, ... ....?"'V A1
Catalog.
IJtlA nll, JI." - tlfj
11.. a t r. I'.lilltatlk J-l
I'HRIKTI.NR h'.VAS DVE. Prln,
. riiAMnERsnrKfi. pa.
PENN HALL
-r-
f-IAMni.:ni.ll-nri ... ... rWt
Oil's College Prenar.lor.- i. l-J'SiT
?"" Rd. "wo.'eourses. CertlhciuriviJI
num1'.?"'
rdKtQa
lm
Rates.
car-.pent at tfi
uninterrupted., IS;
I'rln., Ilo H'.'Js
- AI.I.KXTOW.V. PA. Ji
Cedar Crest ''"VirvvV
.WM...M acre, V&TLAS.Sm
-at., voice, express on and Hnm. BrTiJi- F t
lwo:yearcourfei fulturalV Secretar at '" -1
TARHVTOWX. N. V.
s.r'Ji,.i'"nf?! Summer School of PatrlStjV
Hervlce for Ol.-ls. Tarrytnwn.nn.H,M.rMy.-J
'. XEWAHK. IEI -AM
1 Women's College of Deli'
To women desiring a nber.l .rf
,""?'r,!I1f,"1 conditions of home llf,,th
i".'i" J-01 !?! ol l'lware offers uni
I 5 . ' ""'". - Baireme.y lOW.CbaC
Jed In a beautifuLand healthful reel:
Xewark. Ilelaware.
if
HITHER Ml. I.E. BID. I i fr" ?. J
sHH
I Maryland Collegen
Collm.lVpmtoryifU Year1 HliUrV
Polleira
iMIrU from 32 Ht
Domfitlc Science
ml lei tmat
Muf.lo , Irirtproof BulljiS&t'
Expreiilon INanHecUflwiTT
Addrenit I'renldent Itoune for CafiklM V
' ui
JAIj;llKKjm,L.E,MD,
WASIIIXdTOX, I.
z.i. TrtcttttiO A
r
07SSiret;N.W.'
naarunaioii'U.v.
Regular Ilurb tjcbool and Colleg 1
CO
Snoclal Certldcat.
Vrgl
Arts. Journalism, Short Htorf
u.il.ri,u .io.iuar'irsi"iis,
ence, Huslnss..Cours. rarllsnMit
Mrs. Xanetl B.Panl. IX-Kt
Author 'f ''Pa ul'e l'arllaiwii.
PauHMt((ie:'holiit(jiia, aaviu
,rf.""n en.".-, m
J.J
tUM
m
yv
t
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m
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iy ,
i.
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'fc? y:-r '
. . ''Ji' .
A-it"
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hi-ma.m'm .
iiSV"L':
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