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FINANCIAL MEN PUZZLED
1 ' OVER MARKET CONDITIONS
WHICH ONE CALLS "SLOPPY"
Causes for Inactivity of Stocks Seem Difficult to Ascer
tain Some Brokers Stick to German Prepara
turns as Excuse Gossip of the Street
i .. 2
' itQtLOPPY," was the brier but expressive epithet applied to stock market
condition's yesterday Just before the cJpse of the session by a well
1 known downtown bankm- and b'roker.O There was general recession In
) Virtually the svhotc list.. One broker' said the ifiarltot seemed to be wait
ing for something to happen, "but up one seemed to know Just whnt.
l.ary in the day there -ivas a. report that the ureal German drive had
lenlly uepun, and this was eh en as the reason for the easlne off In prices.
But on a former -occasion a German drle had Just the reverse effect.
o this latcr( report went for nothlnrr, and later news Received from the
European front looked as thoujti an American drive had been mistaken
or a Qe'rman one,. '
( Another broker eaia that Wall street, In looking; aroilnd for an excuse
n which to hanj; a reason for the lower prices, had laid hold on pros
I pectlve taxes. "And!! seems to suit the purpose as ivell as any other,"
j he remarked.
It was a splendid tribute to the memory of the late Mayor Mitchel,
of New York, when business on the, stock .exchange was suspended for
one hour jeslcrday from 11 to, 12 -while his runeral was taking place.
Contention Over Railroad Contract Clause '
, It seems that the principal bone of contention between the Railroad
Securities Owners' Association and the. proposed Government contract
with the railroads is in the clause rcferrfViR to the coptrol of the dli actor
general over disbursements or Additional betterments and extensions.
The contention of the counsel for the association Is expressed in these
words :
"But there is no modification of the provision by which the railroad
may be excessively maintained (over'and aboe Its own standard) and the
cost .of such'ecess m&Jntenance be deducted from the compensation, even
Ihough such course should lcsult in default In Interest and sinking fund
"payments.
"It is still left to the absolute and uncontrolled Judgment of the di
rector general and without power of redress (except by the Interstate
Commerce Commission, whose decision on the facts shall be final) to put
upon the property and to chaise against the standard return in priority
to fixed ciarges and dividends, whatever maintenance he may decide
should be put upon, the property over and aboe the amount that was
expended during the test period of private operation.
"This charge for excess maintenance might well absorb the entire
etandard return to which the railroad would otherwise be entitled."
Many bankers and brokers whose opinions were asked on the above
objection raised by the Uallroatl Securities Owners' Association nvere of
' the -Opinion that the particular clause objected to should not be Inter
preted in any narrow or semi-prejudiced manner, but should be consid
ered in the broad, liberal manner In which the Government ha met the
situation without, recourse to hairsplitting, ns this protest seems to be.
There were some, however, who believed the powers of the director gen
eral In the premises should'be more clearly defined.
Favors Decimal Stock Quotation
"Why do the managers of the stock exchange cling to the archaic
system of quoting in eighths?" was a question propounded j esterday In
the course of conversation by n well-known uptown banker and broker.
"Why don't they adopt the decimal system, as has been done In the
quotations for liberty Honda'.'" he continued. "We pride ourselxes on
our progressleness and point to our decimal sjstem of coinage of money
as compared with the lugubrious tystcm of Great Britain's pounds, shil
lings and pence, but in the matter of stock quotations we are not one
whit ahead of the conservatism of the Eng'lUsh money system. The
present system of quoting InN eighths," he remarked, "comes to us from
the time when we had coins representing one eighth of a, dollar. They
were equal to twelve and one-half oents and were called a levy or a half
!evy, but they became obsolete long ago; not co the method of quoting
prices on the stock exchange.
"There Is another point which should receive serious consideration
In connection with this application of the decimal system to stock quota
tions," he said. "Eterj- banker and brokeMiiiows that the cost of run
ning his business vnnd the employment of help, which is both scarce and
expensive, In fact, everything connected with the brokerage business
since the advent of the war, has increased In cost in about the same or
even greater proportion as every other business, while commissions have
remained the same. Now, if a decimal system of quotations was estab
lished and commissions were made two-tonths Instead of the present one
eighth, it would come near to evening matters up, ns the present rate of
commissions Is altogether out of proportion to the expense of conducting
the business todaj.
"It seems to me," he said, "that the. present time tyould be the most
promising for such a change. We are breaking old precedents every day
and priding that nothing serious happens because of our actions; in fact,
matters move, much better and we very soon become accustomed to the
changed conditions, Take, for Instance," he remarked, "the daylight
saving hour. It was accomplished without a hitch and no one wants to
go back to the old plan again. If the powers who can make a change In
the present method of stock quotations and also In the standard of com
missions would take hold of this matter' and put it through as the day-.Ilght-davlng
and other laws have been put through, I believe they would
' find matters would adjust themselves very quickly,
"There Is yet another advantage In the proposed quotation by decl
mals," he said, "and that Is In keeping our books and accounts of our
customers- We often have to calculate these-accounts In fractions of
cents which don't exist, like one-sixteenth, or one-thirty-second, or two
thirds etc. All this would be very much simplified and less less help
would, be needed for that' purpose.
"I hope," he concluded, ':that hi any case the end of the war will
bring around this much-needed refoym, Just as it Is bringing about a
decimal currency for Great Britain."
i
Outlook for Bond Business
In the bond and Investment houses yesterday there was a general
expression of opinion that whatever action Is obtained In the market
must be through energetic efforts on the part of salesmen representing the
various .large retail houses. Since the higher taxation has been enforced
and the United States Government has been selling bonds It has become
necessary for bond salesmen to seek new fields for the disposal of securi
ties, as the old-time customers apparently are not buying.
There was good buying yesterday of the Federal farm loan bonds
and sales of $1000 pieces were made at 102Ti. which Is the highest quota
Hon yet recorded for bonds of this denomination. The smaller pieces of
the Federal farm loan bonds have sold as high as 1D3',4. These bonds are
an excellent Investment and the demand for moneyed Interests has been
substantial for several weeks past.
Foreign Government bonds were moderately active, particularly the.
United Kingdom Issues and the Anglo-French 5s. Railroad and Industrial
bonds were Inactive, with a comparatively small volume of transactions.
"Lessons of the War"
Under the caption, "Lessons of th War," the National City Company
In Its July letter among otKcr things says:
"The war has taught these economic lessons very clearlj'. It has
revealed unsuspected resource In al the countries; not of hidden wealth,
but of productive capabilities. It is said that the slums of London have
disappeared; that with the Insistent appeal for labor, enlistments and
conscription, the Idlers and even the vicious have been swept into useful'
cmploymeat. With millions of .the most effective workers in the armies,
unheard of sums are raised for war purposes, the war Industries are ex
panded upon an enormous scale, and yet In England nnd France the
population Is cared for on the whole as well as In normal times. The
conclusion is irresistible that If the samfe energy and spirit can be con.'
tlnued after peace Is restored, and devoted to construction and production,
the entire level of living conditions can be raised above that of the past.
The lesson Is not that more can be had for the poor by exploiting the
rich, but that vastly more w'ealth can be produced by harmonious and
fully employed Industry than has been realized In the past."
Railroad Contract and Coal Interests
The publication In this column yesterday of a statement from a New
York newspaper that the standard railroad contract will not necessitate
i a segregation of thecoal interests from the Reading railroad Interests
')
was a subject of discussion In the financial district yesterday. It has
been said on good authority that the Philadelphia and Readlnr Is the only
part of the Reading organization which will be affected by thj railroad
contract and that the Philadelphia and Reading has no interest whatever
In the coal properties, which .are owned entirely by the Reading Companj',
the holding company, which also owns the railroad company and irou
Ai ft' H-W"
W .. !'
. 1" ' .. 1 " r .ti " 4
'!"? f ,K
, ' -.fi.iS.
A' VwW'
EEMi3K PUBLIC LEDGER PHILADELPHIA, FRIDAY,
BUSINESS CAREER
OF PETER FLINT
A Story of Salesmanship by
Harold Whitehead
.
fe.ptipwj ,
Mr, XThftthrnd tM nmicrr Iour bi(nfj
GKttfiona on bviA0, ttrltina. nttvrrUtttno nnri
tiVlotrmrt. AV vo-wr qir(fo clcnrlv nnA
Kill ll thr fact, Vr rorrtcf nfltnr nnrt
7 nwdrr mint hr numtn la an maiiinM.
Tfiosr Mch ar anoi-ymntM mf fw ianorfrt.
I riTisirrr 10 irrnnwal nutttlon inn oc m
i By Mftlt. Othrr vrllant ti'llt b nwtvfrrif
I (i fMs cofumr, Th' titt Ititrre itino prnfi-
ifint o htijlifirr ictll Vt uoitn into tht
ion o rttrr runt
CXXXVIt
"pKRKlN'S sent me out today to call
"-on a prospect In Vcsej- street, whose
name was. turned In bj- an agent who
Is no longer with the company. -The
report of the former agent stated that,
the prospect would be Interested In a
thousand dollars' worth of Insurance
about this time.
I thought it would b a cinch to get
him written up, so I chirped into his
office, and said, "Good morning, Mr.
Stern."
He looked at me without' a word
"It's a nice day," I added.
"Thank j-ou."
"wnat for? ' I asked t
"For being so kind as to tellne what !
"What for?" 1 asked
the weather Is. Good morning.
it's Just my luck when I call on a
man to have him make the comments,
which we never dleuss In the clns
"I've come from h Magnltvde Life
Insurance Companj'," was my next re
mark. Again silence.
"Vou saw one of our agents before,
Sou know."
"Correct."
"You he he "
Ye."' .nln tlm inn "hntv, nf nc
i es. saia tne man, notn or us.
Thank you for calling. Anything else?"
Finally I said, "I've come to see If we
cannot Write you now."
.aid
n"1'
I "So I observe "
I cer'alnlj- was stuck then, but
Weil, Can We
, No
"Oh '" said T
! Without n word -he man turned to
i his desk and began to write letters. I
(stood wobbling for a minute or two. ns
'I didn't know what to do. then said,
"Well, can I come again?" i
He nodded his head without a word'
and went on vvrlilng '
I went back to the olTlce and told the,
story ot my dismal failure to Pet kins.
He omiled n little and then told me he
knew Stern was an awkward man to
handle, but he thought It would be good
nvrvArliirina fvn in a
experience for me
C fl." mm. Intn the nfTW thl trinin.
Inn with a $15. 00(1 annllcatlou nnd snld.
I "Pli.vr thl le nnn nf Ihn lm.nli..l tnho
I have had The ling was a block nf ,
lice when I started I thought T would
1 never get at him. Finally I thought of
' a stunt which worked "
"You had better tell vnung Flint what
I j-ou did. for he has been up against a i
I proposition of that kltid," nld Perrv '
"Sure. I II tell him, hut I don't think
I I'd ndvise him to do It. ns he Is too
j voting lo gel away with It. This man
I called on was one of those ocld-hlooded
nroposlttons. On of thne men who lust
! look at j-ou aid saj' noihlne. You never
I know- whether whnt .vou have said ha
j Interested them or not I would sonuer
tackle any kind of man than that Well
-I tried a dozen different ways to get
'ni him Rvery time 1 jut sklddfd off
the Ice Flnallj-. nn idea occurred to
me ,1 took out tnv matchbox, sttuck a
i match, and. without saying a word, held
it near him. He drfw- hack a little
innd said, 'What the devil are you do-'
j ingr
I " i'm trying a little experiment." and
, then I began ;o move tb match up
1 nnd down slowly In front of him 'Have I
Ij'ou gone craxy?" he said. 'Not at all,,
I'm trybig nn experiment, and I'm sure j
jou will be giad to know- that It np- ;
1 pears to be coming out successruiy ' He j
I 'ooked puzzled and then said, 'Sa.v. just ,
'what are you getting at. anyhow?'
Splendid, splendid" said I, and lit an
I other match. 'Hold on. hold on. just
tell me what jou're up to' 'A most'
isuccesful experiment." said j, as If to,
! mj-self. and then blew out the match and
said. 'I want yen to congratulate me.'
I He looked puzzled, though I continued,,
; i knew "when I first met you that under
neath that block of Ice I would find a'
real big-hearted human being If I could I
once melt the Ice, and as fire melts Ice,
i I just thought a match or two would
produce enough heat so that I could
get at jou !
"'Having gotten that obstruction out
of the wa-, I am sure we can talk busi
ness much more amicably, can't we.?'
He looked at me for a minute and hesi
tated Kinallj-, his sense of humor won,
for he leaned back In his chair and
began to laugh. 'Well, If tl.at don't
beat all ! I've had some tricks played
on me by Insurance fellows, hut that's
I the hotteu yet.' It worked all right in
this case, didn t it?" finished "C. C."
TODAY'S nttglXESR IJPIC.KAM
What does this mean to YOU?
ffoto to ail Think joh know it all
Business Questions Answered
1 uould he preatl- obliged to ou for
advlslnc me at tn the correct way of figuring
the labor turnover based on Ihu followlnc
flsrures:
Numbir of emplovcs at first of ear . 1.100
Total emploves hired durlns jenr . li.'.nn
Total emplovea left durlnc ear leitn
Number of emploes at end of vear 'J(in
What Is the correct definition of labor
turnover? A. 11 7.
To figure labor turnover, add the num
ber of employes ai the beginning of the
period and the number hired during the
period Divide this total bv the number
of employes, at the end of the period.
Using your figures:
Employes at beginning ot period . .1500
employes nirea auring perioa . . ...ouu
Total 4000
Divide by the number of employes at
the close of the period, 2200 and you
will find ihat your turnover is almost
00 per cent.
Labor turnover is the number of times
a labor force Is turned over or changed
In a given period.
A more .satisfactory basis on which to
work Is the cost of labor turnover, which
Is the cost of changing a job from 'one
man to another.
To obtain this figure, apportion the
employment expenses over the various
job units and add the loss of production
(between what a man does and what
he Is expected to do) until he Is sftl
clently trained In. his work.
The figures you give show serious mis
Judgment In your employment depart
ment and an analysis of the cost of the
labor turnover would proe food for dis
comforting thought;
Have had lev en veara" retail experience
Ulna and would like to connect with a
manufactory as traveling- salesman.
What form of letter would you advise
vvrltfnr to the different manufactories ap
plying for aueh position?
la It beat tn address such letters to the
Bales manager?
I take a treat Interest In your Peter Flint
articles and miss them when they do not
appear. C C. C.
Try a letter after this style, but'
change It sufficiently bo that It will rep.
resent your own personality:
Dear Sir Have you. or can you,
make an opening for a traveling sales
man who has been seven years' retail
selling experience and In consequence
thoroughly understands the retailer's
attitude toward the salesman.
On the attached sheet you wll find
mv buslnes history, which I hope will
prove sufficiently Interesting to you as
to lead to an Interview, at which time
I hope to be able to sell you my serv
ices. 1 believe that retail merchants will
have more confidence In buying from a
salesman who himself has sold goods
behind a counter, and in consequence
can advise them more correctly than
a salesman lacking the experience I
have had.
1 am, not seeking a Job. neither am
I seeking money. butv-I do want the
opportunity to get all I can earn for
you.
- Wherr-may -f -have the privilege of
talking It over w(Ui you? ,
i-'.,,lch ib J.0Ur- ,M," t contain
ing your bualness history. Head It with
jour Jiatno ond nddr5. then add your
education, height, weight, jour huslnera
experience end Rive refeienc Inclose
j iMTOiuKnipn ii you liae one If you
"iiBir paveii jinnir mnnat. i. ikh v.,..., .
Sn"d 'JJ ft," J- ; 1
wtfS $V ll ?& ro&lFcde1 Tradc Commission
Add )our M1fr (o (li m mgni
""' ""' '"" OUI niR I1BI1IP IT KlSflhl
' ani Klari tm i-njov I'eter Flint
t.. i" .V. . "..jj. i rin ruin i
hope he will long be a friend of jours
ASK WILSON TO AID COLLEGES
N. I. A. WnnU Tonrl
N. I'. A. WnilU Trnrlctirv of
Youth to Dc?crt School Clicu'kcil )
Wa.hln.l.n Ju 1- Present tvil !
. " K..nJ"nJ -Ul. - -rr""lnt "II"
son has been asked bv a committee
of the emergency rnuncil of the Na-
lionai Educational Association to In-
aorBf h cHinpnign to recruit male stu
dents for colleges nnd prevent the pres
ent tendency of joung men to leave the
colleges for military service The enm-
mlttee announced that a meeting of the
!i?i.nCiV uJ , .V n"Xt Yfdnt'.:
daj-. when plans for the campaign will
be formulated
. HI. , I
In this connection. Pecretiry Baker
announced details of the plan pi ep.ited '
by the War Department to offer able-I,
hnrtlerl rnllep fctmlttnta ... a.. ,i.. ..... r i
eighteen years the oppoitunltv to enlist
In the nation's military forces nnd to '
in tne nation-s mllltsrv forces nnd
obtain training ln colleges uhtcirvvi
111 i
prepare tnem ror the more exacting
forms of military service have been om
pleted. JUDCF, AN AID TO CUPID ,
Hurries Dlvorre Cafe When Told
Woman Has Chance for Marriage
Scrantnn. Pii.. .tulv 1? .Inrlirr. -. 1 .
i wards plaj-ed assistant to I'tipld. when
"c. "'" " si'ccim nearinc ot tno divorce
MM nf .,lu v-ir-n Tvt,...i... ...i...
Harold Wheeler fnder oidlnary
Idltlon
the case would not linve In en
(heard until October but In n petlttmi
I waT.lV rI'.htl,rh.,lJ omRn- nttnrney It
was Bpt rnrth that she 'has an np-
portunlty for marriage." nnd on this
laiwiunt 1n.l,r I-.l,. u..tu n...l ... .1.
hearing.
It Is understood Mrs Wheeler's bus.
band-to-be Is a New York man. whn e-
,Pec,,1 Xo hp cav1.pl for nillltarv service
'r",,?,!0,! n',"r inns nnrt m HO1 It"
i claimed. Wheeler 'deserted M.'..i'f. tti.
whereabouts nie unknown
c u- r I-1 c '
-""er laniliilalr lo May in Hare
Mahanoj- Cltj, Pa., Juh 12 Among
n announce list or sriectives tu en-
'"J" ,,for.r.a1'' V'.J'" ., J,,,v .i 'Vman: Oeorge 11. Merrill, St
' S "- , ' ", V".; " - ' r""" " " " Z
r. . " .... l
U.-H,,'IIS1TI f-rtl,.,i- II.. vnA. ... .....
i !. Avit, ,.inPa An, , c ,.-r..
'election ' '
Philadelphia Arrivals
at New York Hotels
O
s
F Cnjernvc IIrnillB
O. ren7fl. 1!taM .srmm
u
I.
lllb"nn, Walll-k
it. It(rr. Park Atomic
' Laiihick, iSranrt
I MarDonalit Hrmlin5'-
.f Marne Cmbrlnncl
vlrs, J Mftrne rumberlftnl
VA r C Matthew-a Mnriboroufll
J Morrl. I.onjfarre
J M T'nltfrsnn Mre-.tln
H C Pnwi-r. Hrnvltnc.
H. H nucldlck. Itrrslln
i". f spoil. Mnrlhorouah
C H. Pmlth. fnntinrntal.
.1 IT Smth- Cr.inrl.
lle r Tnmbull. .vbiriha Washington
SI .1. Wlnsleln. Ttrcalln.
.T. It Alkin. Omnd
15 P Partl'lt llrnadnav- Central.
v.. Hinder, HernM Smiare '
.t riark. fnlon Pqiuire.
JT ruhrninn lirand
Mrs. n. Jf On? Tlrorfll
r tlrfvrr. L'nlon Square.
rt. Herr. Walllck
n. A Hellekrn. VValllik.
A K. Hlliner. Wnlllck
W TI. Tlolfletl. Allien.
r H .Tnokfon Tlre.lln.
r P. Jnhntftn. Prenlln
r Minnintr. Nw .strand
O H Morfe. Walllek
A H. Ognan. Aberdeen
.T A Anderson. Markwil
Mr J A Anderson. Markw-ell.
.T U rterrh. (Irand
Mr He'mont. St rram-ls
Vtr Ttelmont SI Frnni I
Mr.ninrk Welilnatnn
r, VV Hrnoks. i:nillcolt
A P frnllu l.uri-llon
8. I' rnn, llrrald Squar-..
P Orry .Marl Antoinette
T. fllrsrh. N'e stian-1
J .T Mason, nn fortlsnd
K D Miller AVnodward
J. fl Webster, Aluomiuln.
rw'iiM
WILCOX
TRUCKS
FACTORY
BUILT
Motor, Transmission, Clutches, Manganese Bronze
Crank Cases and All Vital Parts Made
Right in the Wilcox Factory
The Vilcox is not an assembled truck. The Wilcox factory
is'not dependent upon the whims of the parts manufactur
ers the name of Wilcox and the Wilcox reputation stand
behind every detail of every truck delivered.
Wilcox trucks have been doing heavy duty in Philadelphia
for more than eight years. Ask us for the names of Wilcox
owners.
Every part, including the motor, transmission, clutches and
EASTERN MOTORS CORPORATION
Beii puom Bi'oad and Wallace Streets Popiaresso
DISTRIBUTORS OF
WILCOXTRU
CONSPIRACY IN DRUG
TRADE IS CHARGED
Files Complaint Against
National Association
By tltc A.Hociatcd Trcj
WmMnjrtnn, Julv 12
Conspiracy with Hie purpose and effect
of Mlnl,,R cmnetHlo ln , wholesale.
dru tr' ,vft' tl,nrK"' hV I'""'
Trf ,.,
racie commission in n complaint today
against the National Wholesale Drug-
gists' Association, the Title rjuarantv
and Trut Company of New- York the
organization's treasurer, and iiuim rmis
Individuals, including the associations
officers.
Ve.hal nnd written notices are alleged
... . . .
'" have been glen to manufaetuiers
...... v , .
that certa'n customers oi prospective
customers were not entitled to it-cotnl-
inn ax legitimate lobbers. nccorcllnir to
lhe ""oclatlon's definition Other me.ins
said to have been used were the appoint -
ment of committees to confer with inanti-
facturers or owners, for the purpose nf
Influencing them to adopt sale, method
In hnrmony with the policies nf the Na
tional Wholesale Druggists' Assoclallnn
written and veibal notices given bv llv
secretary of the association to inanufnc
turers that' competitors not members of
the. association were selling below the
net price named by manufnrtuies fur
refflle; the compilation nnd distribution
among manufacturers nnd wholesaler--nf
lists nf "legitimate" Jobber", and In
fluence on various local avnclnt'on. of
ftrng jobbers nnd wholesalers to ndop
pnllc, (n harmony with the prac, -. ..
,, ' v,.i nhnin-ite nmci-lsts' V.n
'he National Wholesale Druggists As o
Iti
f
Clntinn
The officers of the nsnrlatlnu are.
Charles E. Itedwell, Oklahoma VMi
president: Hnbert H. Hiadlej Toledn,
n PalmdclR Notvell. New York. M f
l-h"-- Wbc0- Tex : M1,lor' '"' 1,"lnn"
Vn . Clarence K Hope, Ho.ston. vice
piesldents; K. Hollldnj Vew York.
vecretarj, and the Title Guaiantj nnd
Trust Companj-. New York, treasurer
T,lft boar(l of control, also named in
,the complaint, follow
Arthur I. Parker, New- Orleans c,nair-
l.onis, I.
it Grover.
Sale, l.os Ange es : K
Jacksonville, Fla
; II. I i:ann. Kntisas
M. Hutchinson. Urand
t'ltv. Mo : l.ee
Rapids. Mich; It 11. l'llis. Memphis,
Tcnn . W.J T Httrper. Ottlimwa, 111
i O. Harrett Moxley, Indianapolis, f i)
Andrews. Minneapolis, and H. A. Jnck
son. Providence, It I.
The committee on proprletaty goods
likewise were named-
It. H. Hrndley, Toledo, O, chairman.
II .1 Rowerfind. Fort Wav lie. Ind .
1-dward Plaiit. New Von. : W .1 Munav
Columbia, S. C; V A Dicks .New
,Orlcans; I. A I.ange, Milwaukee, c
F. Michaels, San Francisco. W H
(irciner,. Dallns; Wlnthrop i. N.ow,
'c. n.i fl lnhn T. Kenneilv. Kansa-S
.,, "- -
nui.
lily. Mo.
FOR SALE
Four-Masted Schooner
Mncle derk. 110 ft. keel. .1? ft. tieam.
dentil nf hold It ft. fl ln. ahallnne-t
nnrt. lned A-l fifteen senra Ametl
tnn ntirrntl ut Shlpplni;.
lU'XIVERY SEPT. tSTII
C. E. TRENHOI.M
101 Tremont St., Boston, Mass.
STn.V!IIIP
JACKSONVILLE
h. N.VAII lt(TON
Philadelphia lo Pftvannnh and Jurkpnn
Hle for all points youth two naUinpn
weH. Philadelphia tn Hoston for all
Vew Enclamt polnle lvo Falllnir-i wekli
riiscnrrer 01 ITPIKIH l onauil Acent
I Tier IK. ft. line St. Tel. I or.iUnl
MERCHANTS A .MIM:iP TRANS.
JJ
H. E. WILCOX MOTOR COMPANY, MINNEAPOLIS
JULY 12, 1918
KNIT GOODS HIT
BY TRADE LULL
Mills and Jobbers Avail Ac-
lion on Proposed Price-
Fixing Plan
In erpectstlon of regulation measures
to be Instituted bv the Government the I
hoslerv nnd knit goods Industry Ib qult. I
-Ml ,em,er manufacture,., nor JohhM.
hosiery nnd knit goods Ind.
"Ml ,"'l,,'cr '"anufacturei!
""" i"nkl"K "'"' rtrrt "' S'
huslnera until something
signniK up new i
thing dcflnlt Lsirp not moie than one month behind on
known. Fixing nf yarn p;lces and regu-
latlon of labor, through President Wll-
.... . i !.. ...-, i i ii,.. i..'
indexed nnd prevented from floating In ,
esrrh of (he most ttrnclle wage scale,
" Prlndiml matter, awaiting rel-,
rAen. flK poln,, to n situation In
which the Government Intend, protect
,,r th rivllinn trnrte n. far as nos.
"' lnp ml'lnn '"ne as iar as po
slble. To that end encouragement Is
hHnK sh(r, tn !ntin(: industrv to
expand, and reports of building opern
tlons show knit goods centers to be busy
oon.trupiltic new nlnnts nnd eulatglng
old ones From official reports showing
less cotton was consumed In May than
rnoTori.ws
The Stanley Booking Corporation
THK fellowlng theatres obtain their pictuies through (he STANLEY ftooking
f'orporatlon. which Is a guarantee of rnrlv .howlng of th finest produe
tlnns All pictures reviewed before exhibition sk for the theatre In ycur
Incalltv nbtalnlng pk-tures through the STWI.llY Hooking Corporation
M...U. '2th. Morris t raj-unk Ave
lambra mi lh i:. kvk. uji&u
MAIlKl. NOIVMANP
in ' JOAN OP Pl.ATTSHL'nn '
ADDI I C 5-l AND THOMPSON STS
AIULLVJ M.VT1NCB tJAII.Y
MAIIKI. NOrtVIANl)
In 1llN OT Pl.ATTsnt Bli
ADTAniA ninsTNVT m:i. ihth
AKLAU1A 10 A. M. to ti 13 r. M
VVII.l.lVM JJ MA JIT
In SH VUK JIOXROB"
DI I irrniDn nnot strkkt and
DL.UtlDlrL SfSQIT.HA.NXA AVE
MHV PIl'KKOP.n
in VnmrilU nf rif-tlir.line AIlv
"tr1DDI7CC 1IAIN ST. JUNATl'NK
VirtOlVIA PF.ARSOV
In THK FIKKIIRANO
FAIRMOUNT -0lhMtAI.tv
Thomss MelRhan nnd Slla nreamer
ln ".MIS.siNT. '
I7AtIII V TIIKATI
' "'" iL.i,
:ATnK ISll Mark-t St
T to Midnlcht.
TAKAWA
TUT: WH1TK MAX'S X.WV
SATIJ CT THKATHK Relow Ppruc.
JO IrliJl. MVTIN'EB DAILY
t:IH MARKRT In
In l H1:ATIN0 THR PfBT.tr '
rDITAT WflDTUCDM nrosd Pt at Krl-
vjiMrvx iivyix i ii,iii :, i ant U
I y P At
KNID HKNNBTT
V DKSntlT 'WOOtN'O
.a.-pppTTTlSJ, WAI.NfT stST
HVlrllKlAL. Mts. -J an Kiss, 7 4 s
nitVAvr wasiiwirn
In "TWKNTV ONE
1 CAnlTD 1ST A LANCASTER AVE
U.lwni-'llV MHtiliee
Dally
VIVIAN MARTIN
In "V TVETTK,'
THEAT-RES
OVYNF.D AND MANAOEI) BY MEMBERS Of
THE UNITED EXHIBITORS' ASSOCIATION
tin 4rMT wr
AHOVE MARKET ,
T O I) A Y
IT.ORIA StVANSOV
and C1IARI.1V: CHJ
r-crvAD oth
CEDAR AVENUE
-rrtf . ip I
c..., ni l.f ;n "rvI;.e;nr."
kjiviciih umi.aiuii iTnootu
rr icci im Market hi. r.nth a cuth1
CULlOliUlVl TOP A V
L1NA CAVAL1ERI '" ...J'B
COLONIAL lMn $ S'ffi
I A-.i
: i" m
Pauline Frederick '" "Vckomm-
EUREKA 40TH & MAnKin' bTS
Jewel Carmen in "Confession'
manganese bronze crank cases, is made right in the Wilcox
factory at Minneapolis. Made in 1 Vi-, 2'2-, 3 Yi- and 5
ton models.
Successfully manufactured since 1906 by pioneers in the
truck industry.
As nearly perfect in general design, construction and mate
rials as 1 2 years' experience can develop.
Franchises open for responsible sub-dealers.
during the same montli a year ago. job
brs are coming to believe their fears
that a famine threstentd were slightly
f exaggerated. A meeting of the advisory
board of the National Association or
Hosiery and Underwear Manufacturers
A Atlantic City over Saturday and Sun
day of thlR week promises to throw some
light on the general ultuation ana give
heart to those Inclined to take a pessl
mlstle view of conditions
I nderwear Is quiet Mlllx are tll! ,
bury with Government orders and will
be for some time to come Hosiery, on I
the other hand, presents quite a differ-.
ent condition. Spring orders re being
filled In great quantities. Some jooDers
rennrt balnr received their full allot
ment already, in normal times mis
WdnrffrtM'
Srnlflcant. therefore, that the mills
delheiles. j
The hqIery 'situation Is comparative ,
e9 - As toDDers reirainen irom chhik
beyond Immediate consumption stoevts
are picninui, n.m u m """'"",'''" "',."'
position to, -cc'pt bu-1, . their pie ,
in the market for business later than
October, although It Is rumored a few of '
them here and there are willing to Tecu-1
;,'" .im fnii.re hv eloalns; on trade
late on a solid future njciojiiig on rraae
for the last three months of the car
rHOTOPI.A'VS
!.,. Mrv
STKANU
Otn. Av. at Ve nar.jo, n. ot Ilroa-1
Jack Pickford &erbeai;sB K.1,
333 MARKET,1?. ff-TsV"?
PKOOT HTI.AND
In OTHCIl JIBXS PAUtlHTKRS '
MnnPI 45 SOfTH PT. Orche.tra
lVlVLyJL lontlnunu, 1 to ft.
VOnVtA TAI.MADI1K
In PR T.fXB ANXtF.
PA I AfC 12U MAPKCT rtrrkT"
I rtLrtVC in A. M to it. tB p. m.
MAinitj r.i'.."s.r;nv
in THt: PAtTt PtlETENDRn
DOnOTIIY DAI.TON
In THK MATlXri fir MARrKl.l.A '
iF?VFNJT'"rRT "'low irfiT" ,
rxcvjciN 1 ham to n p, . i
POrtOTHY dai.tox
In THE KATHER'S PHAPOW
RIAI TO onnMAXTOwx avexub
rl-Vl 1VJ AT TPI.PEHOOKEN ST
MMtGt'ERITE ri.AHK
l'HUXKI.LA '
R 1 VOI I MD AND SANSOM STS '
In "THE RI.INDXES8 OP PIVORCE i
RI !RY -MARKET ST. DELOW 7TH
rUD X P A. M. to 11:13 p. M
NORMA TAI.MADOE
In PR l.f.XE ANNIE '
SAVOY i'n MARKET STREET I
i3-VV-l R A. M to Mldnltht '
VIARV MacLAREN ""
In V MODEL'S CONFESSION ' '
ST A N I FY MARKET AtlOVE mTH
O 1 rtlXLO I 11 m A M to It 13 P. M ,
MAK MARSH
In ' ALT. WOMEN
VFPTDR1A MARKET PT An. ITH
VIV 1 VJIl- n A M. In 11:15 P.M.
POITII.AP PMRRAN'KS
In SAY' Yl)f NO VEt.t.OVV '
FRANKFORD iUi 5Kft5 '
-ll?.orvvon"nV'lENID BENNETT ln "DET.,vr. .
TN "The VVoman l WOOING
I IIIMDH IllONT PT. Cir.ARD AVE.
jw.,a .lumno .luni lion
p ria Alma Reubens in "The Ansvyer"
KPUtiens ll
(.at .vinrRuerue l laner.
The Squire Deal '
1 OCUST :?.1' A?l.MiK.FJ STKEKTS"
LAJV.UOI v, f,n Jill V.vss.tl.SO lo 11
Douglas Fairbanks "' ,"X r, , ;
MIYOM !l" numw markt:t st.
Tarlr,r Holmeo In "RuRrlfS of
J Pe-1 (lap
THIS PROGRAM APPEARS
IN MORNING AND EVENING
I PUBLIC LEDGER
.''
5iiP
A siwrular self-revel-
tion was that made by "
Uk ,,niin rlrift
s-'Jfl
mi
.All's- i
ill'
dodger of this city in '.'attjS
letter which he sent to the -M
.OTT-DT If T TprnT?.T? and .H 3
r unuiu .LjuA-rvjiJ-iAv ,, ,.-
which that newspaper pv1
published this morning. ai
narrlnH fnv tVinf 4a tVlP
name of the young man Ah
unquestionably has an Jal
idea tnat nis nignt irom
army service 5b against
the law, but that the law
actually will operate
against HIM if he shows a
toleration of the errors of
the Federal Government,
rannot find lodgment in
i
T
-1
his mind, it seems clear jh;j -j
fenm Ilia ramorVl Vlltt 1oHr.j u 'i
that his "peace overtures" 'ht
i- it. ..it n.: :? 'a
to tne Huuiuriues seem
quite proper to this skulk
ing youth. He will return,
he says, but only if the
Government will guaran
:,
tee that his services bc.f',
utilized as an instructor in-j
aviation ! The young j
. , t.- i
Americans wno are pieaa-.. ii m
ing to De auowea io ngnr.,ti
the Huns in the air might,wrns
or mijrht not be grateful yi
for having Bergdoll as -a'jfe
it;aiiiei . 11 js uiiiirkcry , r '
however, that the point
"i it
j". ti
ever will be determined.
as Jl
ft.
t.r
ern front," is the encour-3 t&l
ne,'r.-'w,A.onan.n ,l,nf nnniat&MW
K'"B llicsaoisc UIUK wiiiunamai m
in Mr. Robert T. Small'tfWJD
dispatch from Washing-
ton in this morning's
PUBLIC LEDGER. His
analysis of the conditions
there, based on the infor-
mation that Washington'
has, and that, tested by his
long experience on the
battlefront, presents an
authoritative estimate of
what is and what may be
expected in the near fu
ture in France.
Singleness of purpose;
that's the thing! When'
the Mayor, who is "Mi.
Thomas B. Smith, is notr
:w
embarrassed by conflict-1
ing interests, how his
voice rings out ! In this S,
morning's PUBLIC"
LEDGER he is shown nt-v
his best. The Vares want'1
a job for one of their men,
and in no uncertain tones
the Mayor tells the Board
:
of Recreation that if they
do not place the inexv
perienced person in ques- Z
tion thev shall walk' the
plank and he will have.
another and more discreet 11
Board of Recreation. The
Mayor in this is shown in
a better light than on ther
occasion when he present--1
cd the candidacy of one of
his political followers for'.'
a police captaincy in com
petition with a candidat6.pK il
urared bv these sarrtfi- -f t&
Vares. Although th(S ?
Mayor under the law hasi J -a
good deal to do with the v
Police Department, his-J.ti
voice then was a neeD com- i ?l
pared with the virile roar
of yesterday. Somo per-PJv1
hims wuuio. noc liKe nis ai-
liiuuc uu cinici uugasiutin j ji
out any one who read the
PUBLIC LEDGER arti- T
cles which dealt with both.
and who is willing to make "''', M
allowances, will prefer his."V- '?l
position in the second
case. It SOUNDED mnr .
like a man who was his ' l
uvmi man. anynow, ana,u
that ought to count. ,fv
Alt UoftlAB MVMA .,AM. "11
'" U1H.HCO V.U11IC OCIJf ,S ,j
uay now, duc tne ngnt tnafX;
is told of in Mr. Perry Rob-V J!
inson's special cable totvS
the PUBLIC LEDGER." :
this morninc seems ttv'
have more than the usual-fell
number of thrills. The
lour uritisn airmen wno y$
wpnt nfrpr fnrfv Wnrm . V.
surely undertook some jo&r'''5j
and got away with itr-ra
For one of our allied me'nAf-5-J
to account for five enem'yaa
machines shows a spiritW-a
lUnf nnnnnf Yt nAMnliAWi1 iVfHi .fl
,
-
.t"4B
fU
s,
J5''l
'
&M
W
m
.
?, compny stocks,
j- e.,Sr, -, e k S?. I'.'-
I
U
-r.
.6
,
bf
,?
.iv
, -itt.
'4,-,