mmmmamammttmmamtmmmmmmmmrmmmmmmBmBammnwimmmmm mmpymmf ";.W " ?T ' rX'-"" JtUlJjU JDIfiJJSKr-PHILADELPHJA, TUESDAY, ' JULY , 30, 1918 s: .w itf & FAt I r Lu W iI'V j GOSSP OF Tffi? STREET MARKET OUTLOOK OPTIMISTIC, DESPITE INACTIVITY YESTERDAY AND FAILURE OF ALL FORECASTS Bankers Surprised at Number of New Security Issues Given Quasi-Approval of Capital Issues Com mittee Current Gossip of the Street TONE of the predictions, which were largely founded on hope., made at 'true esterday morning, and for that reason, coupled with the depressing dullness and the excessive heat, no one could be found In the financial district brave enough In the face of the most Inactive market for a long time to say what might happen today. .And yet no one would admit that the market Is likely to fall off, especially In view of the continued exceedingly favorable news from the European war front.' Every one reluctantlv admitted that with such news as we are continuing to receive there Is no reason why prices of stocks and all other securities should not -advance A well-known broker was asked vesterdav which he considered was exerting the greatest Influence on the stock market the tightness of money or the war news? His replv was, "As far ns tho market Is con cerned today, neither Is affocttng prices, because we have, no market." There Is, however, a growing opinion that tho Crown Prince's army Will not be "bagged," as we would all like to see them bagged, and that many will get out of the mouth of the bag before the mouth can be closed tight enough. It Is acknowledged that those In the bag are being pounded Unmercifully, but the fear yesterday was that many would escape. There was little discussion oer tax matters esterday, the Inclination Jelng to wait for further Information, as certain technical terms need explanations before tho scope of the proposed daw can bo thoroughly understood. One would have thought that there would have been more discussion over the possible action of the directors of tho United States Steel Cor , poratlon "on the dividend at their meeting (after hours) today. A well known broker said today that, notwithstanding the almost Universal opinion prevailing that the usual dividend with the extra will be declared, directors have a habit of doing things differently one'e In a while, and that the meeting today might be "one of them. Many New Security Issues Tentatively Approved Some bankers are expressing surprlso at the number of new Issues of securities which are meeting with the quasl-approval of the capital Issues committee. Of course, these Issues are not approved by tho capital Issues committee as such, but are merely passed upon "as not being Incom patible with the interest of the United States," but at the same time there !s no escaping the fact that to "the man on the street" such approval counts for something. One banker called attention yesterday to the difference between the extent of such Issues In Great Britain since they adopted a sjstem of restriction almost similar to ours, "In the first quarter of this year," he said, "the British Treasury authorized the Issuance of $20,000,000 of corporation Issues and $13,215,000 tn the second quarter, making a total of $33,276,000," "In the same period," he said, "the British Government raised $3,447, 62S.00O through the sale of bonds and war-savings certificates." Banks Drained of Cash for Harvesting Season , One of the reasons advanced by a banker yesterday as, to the money stringency which has pre ailed for some time past and which it Is said has been the principal cause for the unusual conduct of the stock market Is different from those which have obtained currency recently. He claims that there has been a drain on the banks for harvesting and moving crops In tho West, which have matured at least three weeks ahead of tho usual time. In New York, he said, the money stringency is felt more acutely than here, and were It not for the relief given by tho bankers' money committee there, which made extensive loans on call, the situation would have been much more serious. This committee, he con tinued, has the money market as far as it applies to New York locally under Its supervision, and the Federal Reserve Bank, as well as all local bankers, must make daily reports of their loan transactions to it. This arrangement was necessitated by the shortage of funds, and Is said will eventually result In the stabilization of funds. Speculating Upon Future of Utilities Taken Over There Is a good deal of quiet discussion going on In the financial dis trict over the future of the railroads and of the telephone and telegraph lines after the war, but It Is more or less of a desultory character. Some bankers and brokers shake their heads ominously when the subject Is broached and indicate In whatever opinions they may express that the country Is drifting Into a condition from which it will bo difficult to extri cate Itself when the time comes, while others say that before the war was dreamed of there was an atmosphere in this country which portended radical changes In many things, both social and economical, but in none so much as In the rising demand for tho public ownership of public utilities. As time goes on public opinion is growing steadily In favor of a better plan or, at least, what Is considered a better plan, namely, public control with private operation. A recent article In the Electrical News of Toronto, Canada, on this subject ends with the following significant paragraph: "Excellent as the theory of municipalities owning their own utilities may be, there Is no doubt whatever that It has been a fatal policy for many of our cities and towns throughout Canada, who, In their endeavor to avoid the evil of unconti oiled private ownership fell Into the trap of uncontrollable municipal ownership. "There Is evidence, however, that all over Canada, having now had experience with both evils, we are sitting back and taking a survey of the whole situation with a view to effecting a compromise that will' Include as many as possible of the good points and aa few as possible ' of the bad points of the two tried systems." Much Pivots on Meaning of "Invested Capital" A downtown banker, .speaking yesterday of the proposed taxation, remarked that a great deal depends on the meaning which will be given to the term "Invested capital." The main question which will come up In this connection will be whether the money which a corporation has put baek Into its plant Is to be so regarded, or whether a corporation Is assumed to have all its investment capitalized. If "Invested capital" Is based on capitalization there are some corporations, notably the United States Steel Corporation, from which some large dividends could be expected, as under such a ruling It could save sevetal millions by having " Its capitalization and Invested capital the same. If Its capitalization were to be measured by Its outstanding stock the Steel Corporation could easily give Its stockholders a dividend of 100 per cent. There Is, said this banker, a great .danger In the misinterpretation of ,the term "Invested capital," and a clear, lucid definition of the term should be made public by the Administration, The dangerously bullish possibilities In leaving the market open to any and every Interpretation re too patent to be disregarded. . The week opened with the market for Liberty Loan and foreign gov ernment bonds firm. The demand for corporation Issues was only mod erate. With a few exceptions the total transactions in individual Issues of the latter group last week did not exceed $100,000. Among the indus trial bonds International Mercantile Marine 6s are being steadily bought, as they have been for a long time. While it has been Impossible to get any definite idea of tho financial plan that the directors have under con sideration, It has been Intimated for many weeks that the bonds were being steadily absorbed for the account of the company. Just at the present time this steady "buying is not making much net changes In prices. Among the railroad bonds Burlington Joint 4s are being dealt in on a, rather larger scale than any other issue. These bonds fall due wl'hln a few years, but as yet there has been no intimation as to what the Joint Northern Pacific and Great Northern management intends to do about them. The Burlington stock which these two companies own together is pledged as collateral for the bondB. In the case of this issue also the buying had not made more than fractional price changes. i CLAYMONT, DEL, GROWING War Work . Brings Boom and 60,000 Population Is Expected Wilmington, Del.. July 30. Unless all indications fall Claymont, In this State, will In a few months become a city of from 50,000 to 60,000 persons and out strip all other places In Delaware, with the exception of Wilmington. A num ber of housing propositions are under way, the latest being one for 100 addi tional houses for the General Chemical Company. Worth Brothers' big steel mills., near Claymont are nearlng completion and In a'ahort time will begin making steel Under Government orders. The plant la fonstructine homed for Its men and other are In contemplation In addition I A.' a- x. ..- . W..M. I... n.ka In.AAB.a ffci io inuse uviiufc wwm vj uwt ivii.a and Individuals. Worth Brothers will employ about 15,000 men. From Wilmington to Claymont and from Marcus Hook, Pa , to Claymont building operations are under way. Companies in the vicinity have made ar rangements 'for temporary school build ings to accommodate 1200 children of the workers BRITISH BUDGET 700,000,000 War Credit Will Be Presented to Commons Thursday By the Associated Press London, July 30. The 'largest appro priation demanded since the beginning o the war will be submitted to the House of Commons Thursday, says the Dally Telegraph. The vote of credit to be asked will be fnr 70(1 (100.000. Thh nrevloUR hlirhftnt was 660.000.000. voted a year aao The new appropriation Is required to finance tllA U.U.. Il.ltll tVlA .knit Itf Ot-tfllL. " - - - w,,., BUSINESS CAREER OF PETER FLINT A Story of Salesmanship by Harold Whitehead ...'I.; V "'.'" lll aiMu.tr vour bvsine Zn,.,i. !!. e.n Vino, selling, advertising and it .. W.V .A,k "r autUlons fltnrlv one! ?ilif -J' "" """ rur correct name and 55S?. - .""k ""'"lmon must be ignored. In IM,' ,l2JT V!"""" "" anttiered iftl Si MeV'tintJ" Wmcn "" "" CHAPTER CLIII THIS Is my lucky day. 1 have actually got to policies signed one for a thousand from a fellow who rooms In the same place I do and the other for ten thousand from Brother Oubbup. Say, vou could have knocked me down with a marllnsplke when Oubbup came across for ten thousand yhen Perkins found the doctor's ex amination of Oubbup to be O. K he made out two $5000 policies. He showed Oubbup one, saying: There, sir. Is the policy that you are 1 .r7'fted ,n That's quite satlsfac- i. "J"0"'" snltl Oubbup after he had read it through very carefully. "I give you a check for that now jes?" 'Thank vou I'll write the receipt at once," said Perkins Oubbup opened a drawer, pulled out a big checkbook and said to Perkins, "How much Is that?" Instead of answering direct, Perkins said, "t wonder If ou realize that for a man of your age ou are In excep tionally good trim?" "Yes, Indeed I do I have always taken care of myself no cigarettes, no cocktails, no lobsters Just good, quiet living, full of happiness es?' "I wonder If It hss occurred to -nu. sir. that ou may not over get such a I good chance to take Insurance as now. ' You unqucstlonablj will want to take some more, for jour bcneflclarj', jour only daughter. Is nine jears old now. When this and jour other pollcj ma ture, she will he twenty-nine We hope you will be alive and active at that time, but jou may not live to see these ma ture, or you may not be able to look af ter business at that time. Under or dinary conditions that $10,000 Invest ed at five per cent would bring In $500 a year or $10 a week That wouldn't be much for jour little daughter to live on, especially If anything were to happen to jou in tho next jear or so "While jou are in such excellent phy sical condition, why not take another $5000 worth? I asked the home office li it would be possible for jou to get an extra $6000 worth and they said j-es, so I had this extra policy made out, which jou can take or not, Just as jou like" The old chap put his elbow on his desk, rested his head In his hand and ev-ldentlj- was wrapped In thought. I guess he forgot we were there, for wc heard him muttering to blmself, and were able to catch the following dis jointed words: "Ten dollirs my little Elois those pretty little curls If those dear little hands should ever get spolleo hard work." Then there was a si lence for a minute or two Without sajlng anything, Perkins passed the other policy over to Oub bup. .who looked at it, then at Perkln and signed It: and then he wrote out his check for the first premium on both policies Perkins put the check In his pocket, passed me the signed application blanks and said to Oubbup, "I think jou have made a very wise decision and one that will gLve you much content and happ ness If, however, we can be of any as slstance to you, don't hesitate to let us know. The Magnitude looks upon all of Its policyholders as friends as well as patrons." When we get out of Jhe building I said to Perkins. "Didn't jou alwajs tell me I should call people by their names, and notice tho name on the doorplate and use It whenever I had a chance?' "II m. h m !" "Well, never once did j-ou call the corn artist by his name Now what shall I do as jou say, or as jou do " "Both, stupid," said he with a tw Inkle In hlH ejes, so I didn't mind his call down "The old chap hates h(s own name and uses the name of Pelletler, the chiropodist, from whom he bought the business 1 couldn t can mm jeiieuer; that Isn't his name, and I wouldn't call him Oubbup because he dislikes It so much "Hvery rule of selling must be tem pered with common sense Well, what are jou going to do now?" he asked Oh." I replied, "It's half-past three, and I've written up about eleven thous and dollars worth of business " "You have?" "Well, jou have written some or It for me and I thought I'd drop Into a mov le to celebrate." "Don't do It. Oo ahead and see some more prospects while jou have a win ning streak on." TODAY'S ni'BINKSK KPIORAM Slop to think, but don't slop fhlafc ing. (Sent by "Benz," tphlcago) What iloea tills mean to YOU? I am nolnu to take mir advlre IJut first let me tell my story. I m b Ijd at ven teen anrt tin-! It vers hnrtl ;. net along vith the small wires I earn lor four enrs I have be.nwo"lnB with a tailor whose business I had a ureal desire to learn I regret It now. I nm earnlnj 1J fr Would Jou consider It wise for me to quit worklni for that hoss' .!'a"tlfc"7kI,1LI'iy wKrVVent fnlaJ? n1O0Urrnt.hnC0'haJU.ya.S'tI coSld' l Wont.nonhef da, . """ ' Was fair? I am a poor boy and somen w"kln for hln. when nly thirteen. All I learned of the trade was with him I am nnlv a helner but I can do a Rood bit or that fine of work Po sou think It a cood lln. of business? Hut I must say I cannot make as much in a ". thei thTnk I a-JY1 vvorklnVTn 'S niants or lror worUn Would iou letne inai 'ulTsVtrTfoVYlV seltlwori.r,yhesUh'!PBbuTd?nghapt.asU should not be ".'Vliourw?.lU8tudy to get more money If you will B'uay vour work thoroughly and attend night achool and get a good education There U every reason why jou should make a ifi J .fift urn for jourself. You know i!rfrl Sam is going to be the leading sWpbulfde? In the world and that means thSe are, Plenty of opportunities for bright j oung men. Business Questions Answered Lt - tit., V I hae a tonsmeraDie . " ;"v 1 ik-.. vt white aan, wnuo u, white "."""" . !- (.ubHi-u anA rhfstnut What ? n'ther'pV.7nt markt "prtr 1000 fee,; sawed Snd delivered f. o. b cars yny "Thaven't the 'least Idea . but under seiiarate cover I am sending you the Sam of two sources through which you can find out. I have derived much pleasurp In reading oir "Peter Flint" storlan and the advice on business matters ou have so kindly disseminated, from tlms to time. I am therefore golni to avail maelf or jour kind oftices In this latter connection. I am a oun married man. with no pre vious business know ledse other than that derived from engineering- (civil) experience. I am out to he"" myself, and hava about I100O to Invest In a Bood business on a partnership basis I "'?' D"r,htlu as to what line It Is In, as.I think that I could take a prettv keen Interest In any thing that promised well for the future. i Intend running an advertisement soon, and think It possible that I may have a fair choke of offers. ....... Before doing this, however. I wish to ob tain as much knowledge as possible on business affairs from books, as I have no time to spend on business colleges Have heard that Edwin Cod's book, "How to Deal With Human Nature In i,...inrtB. ana "Vet Worth of the Balance Sheet." ' by Btockwell C. A., era goodj books along tne lines i nav in mini. -n you give ms your opinion of them and sua- est urnr others that occur to ou as being upcrler to or additional tn the above? Any Information In tuners! that ou enn offer me will be much appreciated. , Dovyou thlrlc that with the sum mentioned I cruld set Into nnvthlnir really worth while and everMhlmr ele lielnrr equal, between what UmltlDK tlRiirea can I expect for n re turn In talar), etc on this amount? onus " The two books jou nak about nrc both commented upon favorably. The one on accounting 1 do not perMnallv Know. The one on dealing with human nature In business Is well worth the price. I have mailed jou a list of other userul bocks under separate cover I Frankly, I cannot commend .vour plan of taking any old thing which looks promising. One man may take hold of a proposition and succeed remarkably. wnere ou nilgnt fall because he wculd have the nectsnary (luallflcntlons. nnd In consequence would be happy In his work, while ou would not feel contented on account of the work being uncon genial to you. You should decide whether vou are going Into manufacturing, retailing or Jobbing, and whether ou vourself are more fitted for selling or accounting or whatever phase of buolnecs vou like. Then when you advertlie vou can nv that a man who Is qualified to handle the selling end of a manufacturing busi ness (or whatever jou decide vou arc most Interested in) Is locking for n part ner lo put In an equal amount (or whatever you decide upon). The better plan would be to try to secure an Interest In an existing busi ness which Is healthy nnd growing, but crippled for want of capital There aro many such about. It would be Impossible to state In limited figures how much salirv ou ought to be able to command with' an Investment of $5000 You m,i be onlv worth $500 on account of Inexperience, ot jou may he worth $20,001) without any money of vour own at all It all depends upon how much our practical experience and ability Is worth to n busi ness That Is why It Is better to get Into a line which nppenls to jou and with which jou are acquainted Your monej would earn vou G per cent Invested In a good organization If jou jourself belong to thnt organ ization, vou Hhould have salarv mm. mensurnte with jour cfTcrts and the pos. slbllltlcs for their excicl'-e in addition to that jou should have a return on vour money decidedly in exce.s ot lit u b per cent. Don't take the first thing that looks good and dent take anvlliln until It has been most thoroughly Investigated for jou by an accountant unless j-ou are one yourself. AUo have jour agree ment drawn up bj a lawjer. Safety first. MORE PAY FOR GLASSWORKERS Makers of Pressed and Blown Ware Grant Increases to Blowers Atlantic City, Julj 30 The American Flint Olass Workers' I'n'on was granted further wage Increases by the National Association of Manufacturers of Pressed and Blown Olassware In the thermosabottle department blowers were advanced 16 per cent, and the gatherers 25 per cent. For beakers and flasks, the blowers were Increased 15 per cent, and an ad vance of 32 per cent was granted the gathering boys The conference of the respective committees Is the most har monious In years Delegates representing tho Glass Bot tle Blowers' Association and National Association of Vial Manufacturers open their annual conference hero today. John A. Voll, of Philadelphia, Is chair man of the committee here of the former organization. NO OLD MAIDS HERE," IS BOAST OF PROUD PENNSYLVANIA TOWN Girls in Vandergrift," Westmoreland County, Marry at 20. Place Is Patriotic, Too, With 550 Young Men in Army and More Going AN Interesting letter has just been xirecelved here by tho committee of nursing of the Pennsvlvanla-Delawaro Division of the Ited Cross from the lit tle town of Vandergrift, Westmoreland Countj", Pa In sending out a hurrj call for sixty nurses' aides to go to France, the nurses' campaign committee asked each of the chapters to get In touch with the women In their locnlltj more than twentj-flve vears old who had completed the Ited Cross course In clementarj hjglene and home care of the sick. Vandergrift, however, stated that It "GO GET 'EM." CRY AMERICANS Soldier Wounded Three Times Crosses the Ourcq On the Onrcq, Julj 30 (by I. N S ) One American thus told his expeilence In the fighting on the Ourcn. Ttlver: "Though wounded three times, I went on acioss the river. A New York State captain was leading his men up the wood d slope on the north bank. Out from the wood and up through the wheat went our skirmish line, tho men frequently stumbling across German dead and the ruins of German machine gun emplacements When the first Ger man machine gunners were encountered the captain leading the attacking group shouted: " 'Go get 'em !' "That became the battle cry through out this company Whenever the men came upon enemv resistance a wild jell went up: 'Go get 'em!' "And our men went up and got 'em. too Bombing and using the rifles, the men would advance within a few feet of the emplacements, when the bocheH gen erallj threw up their hands, crjlng: 'Kamerad ' " BARS GRAIN FOR MALTING Food Administration Issues Order Pro hibiling Purchase Before October By the Associated Press Masblngton, July 30 Under a ruling today by the food administration, malt sters maj not -purchase any grain for malting purposes before next October 1. This action was ttfken pending deter mination of the amount of malt required enr nevt Inter's oneratlon. the admin istration explaining that maltsters now have on hand a sufficient supply to meet their requirements until January 1. Publisher of Toledo Times Dies Toledo, O., July 30 Clarence Brown, attornej", capitalist, politician of State wide prominence and publisher of the Toledo Times, died this morning New and Only Route Direct to Hog Island Ship Yard VIA "SOUTHWESTERN" FROM 3rd and Jackson Sts., Moyamensing Avenue, and Penrose Ferry Road Connecting with all P. R. T. cars between 3rd and 15th Sts. i PHILADELPHIA 'RAILWAYS CO. WILL REDUCE STEEL FOR NONESSENTIALS War Demands Necessitate Further Cut in Supply for Other Industries New York, Julj 30 Demands of Government and pi I vate war Industries for steel have reached such huge ptoportlons, with repoTtcd expansion of the nation's military piogiam, thut the allotments to "less essential" mnnufactuies must be continually i educed, It Is an nounced by J. L Itcplogle, federal steel ndmlnlstiator. Mr. Rcplogle, after confeirlng with Ch.tiles M. Schwab, dlrcctot general of thp Emereencv Fleet Coiporatlon, Edward N. Hurlej', chairman of the United States shipping boaid; J. A. llonner, representing the American lion nnd Steel Institute, and heads of the country's leading steel firms, de clated there was no cause foi ulaim over the steel situation as It uffects shipbuilding, munitions making nnd other activities vital to the war. Mi. Rcplogle said the greatest dltll cultv the Government faces Is not a shortage of steel. In general, but In ability of mills, owing to limited equip. i ment, to tuin out the vailetlch of the product In gicatest demand In suifll clent nuantltv. This condition Is being met as rapidly us possible, he nsseited by turning out the required machlnciy Pinch Copies on Plate Steel Development of the shipbuilding In dustry far bejond the most sanguine estimates from a jenr ago, Mr. He plogle continued, has created a de mand for plate steel which has ex ceeded the rapacitv of all the plants equipped for tills tvpe of vvoi k. Steel for munitions and foi other war sup plies also has been requited by tho Covernment In greatei quantities than the manufacturers have been able to meet. Obviouhly, the ndmlnlstiator said, steel has been nvallable for Industrie, not essential In the prosecution of the war, but the allowance to these con cerns, he declared, will grow less and less as equipment Is installed in the "more essential" Industries. Mr. Rcplogle announced that In con feience lit Washington today with representatives of the war Industries boaid and the Cmergencj' Fleet Cot poratlon dlstilbutlon will bo made of the available supply of steel to various shipjards and other war woik pi ints, togethei with allotmenth to private In- dllbtlj. Schwab Satisfied With Outlook Mr. Schwab was enthusiastic over the future of American shipbuilding when be came out of tho conference with the steel men. Ho said theie was "no leason for unusual alaim" In regard to the supply of manufactured materials for steel ships. "Steel In lurRe quantities Is avail able," said Mr. Schwab "The onlj question Is Its distribution, and that will be taken care of by Mr Heploglo and his conferees." could not comply with this request for the following reasons: '"This Is a singular town Wo have no old maids, as the term Is used Our girls arc all In the late 'teens or Just past tho twentj mark They mostly get mArrled about this age This is a young town, with all verj- joung people In It searcelj what one can call an old person among us Hnrdlj one of these girls but has a brother or husband In France About 550 v oung men from this town alone In the United States army, and more to go " SUED BY KING GEORGE Monarch Asks $1,022,000 for Black Tom Explosion Loss New York, July 30 The name of King George of England has been added to the long list of those who would have the Lehigh Valley Railroad com pensate them for tho losses thej suffered when the store of munitions went up In a blast two jears ago on BJack Tom Island King George's name appeared as plaintiff In action for tho recovery of Jl, 022,000 for munitions aboard the schooner Pauline The French Government also filed suit for $520,00(1 for loss of munitions aboard the schooner Charles Rockwell The Aetna Explosives Companj' Is seeking to recover JH0.000 The totil of suits filed today was for $1,859,000. Noted Steel Expert Dead rittaton. Pa.. July 30 Jacob K Grif fith, a noted metallurgist. Inventor and steel expert, Is dead at the age of sixty-one After graduating from Lafajette In 1878 he was for ten jears In the emploj of the Midi ale Steel Com panj. of Philadelphia In 1888 he became general superintendent of the Latrobe Steel Works In Uatrobe, Pa , and was a large factor In the growth of that con cern After twenty-two ears of active service tn Latrotfo he returned to Wist Plttston to occupy the Griffith hom stead and in died in the room In which he was born. Launching at Sun Yard Sunday The cargo-carrier Deerfleld. one cf the larrest built on the Delaware River, Is to be launched next Sundav at the Sun Shlpjard. at Chester. The Deer field Is a 11,600-ton vessel of the stand ard type and will be readv for commis sion within a month after Its Initial dip. COLLEGE SOLDIERS IN CUSS 5 War Department Defines Status When M.n Become of Age Washington, July 29 The military ."(at u.i of the college man In the ranks of the students' army training corps and his relation to the draft have been de fined In a War Department order. The student-soldier Is enlisted In the military tervlce of the nation, but upon reaching draft age he becomes subject to regis tration whenever the President directs. He Is then placed In Clsss 6-D and will not be Inducted an long iir he remains In the students' army training corps On the day the order number of the student-soldier Is reached the fact Is reported to the college president, to the commanding ofllcer nnd to the adjutant general A report upon the man's rec ord as a student-soldier and as a scholar Is put before the War Department's com mittee on education and ppeclnl training with the recommendation that he be called at once to an ofllcers' training camp, to an army camp or be permitted to complete college training by transfer to the enlisted reserve corps FERTILIZER PLANTS ENJOY PROSPERITY nmanfl fnP r: rrnna Tl. U Ior OIS -TOp$ De- cause of War Increases Business Atlantic ( Itr, Julv 30 War and the world's demand for bin ner crops In the United States and Canada to feed thp warring nations of Europe are bringing an unpirallolcd run of prosperltv to chemical compa nies specialising In fertilizers to speed up agricultural production, according to Samuel T. Morgan, head of the Virginia-Carolina Chemical Companj. one of the largest single producers of fer tilizer In America Figures just compiled. President Mor gan said, show that tr" gross Income of the Virginia-Carolina Company for the first j ear of American participation In the war, despite the complete suspension of Imports of potash from Germany, reached the enormous total of el22. reached the enormous totatl of $122, 000,000. This will permit of tho pavment of a dividend of 24 per cent upon the cor poration's $28,000,000 of common stock and of an 8 per cent dividend upon the compinv's preferred stock, of which there li $20,000,000 outstanding. Enor mous activities due to nxtraordlnarj demands In new lines for war sup plies are one of the factors In the company's heavj profits Another source of big profit for south ern capitalists Is tho virtual substitu tion of the soa bean, which was vir tually unknown to American farmers prior to Its Introduction from China a few jears ago, for the famous Boston "baked ' bean The Chinese bean Is so much hardier and more prolific than Its American predecessor that , It Is crowding the former out of the market. It Is now grown In virtually all of the southern States from Virginia to the Mississippi SEEK LOSCHER'S FATE 5100 Reward Offered for Definite Knowledge of Philadelphia!! Atlantic Cltj, Julj 30 James Bender, un official of the du Pont powder plant at Carnejs Point, called ft police head quarters and off-red $100 reward for In controvertible evidence that Abraham Lnscher, of 3537 Kensington avenue, Philadelphia, Is either dead or alive Mr Eoscher disappeared on June 21 ifter he left his wife here to go bath ing His clothes were found In a bath house. Mrs Eoscher believes her hus band was stricken with heart disease and died In the surf Mfeguirda refuse to believe Mr Eoscher could have drowned without their knowledge or that of many in the water. FERDINAND LEAVES HOME Bulgarian King Reported Traveling "for His Health" W ushlnaton. July 30 An official dls. patch from France sajs German news papers report King Ferdinand of Bul garia has gone to ' foreign lands" for some time on account of his health According to the Xeue Freie Presse, of Vienna, a Bulgarian personage cu his way through Vienna admitted ''. Bulgarian people were verj tired oi the war and had prospects oi a poor narvest rHOTOPI,V18 The Stanley Booking Corporation THE following theatres obtain their pictures through the STANLET Booking Corporation, which is a (ruarnntee of early sholnp- of the finest produc tion All pictures reviewed before exhibition sk for the theatre in ycur locality obtaining pictures through the STANLEY Dool.lng Corporation. Alhambra 12th. Morris ft Passyunk Avs. Mat Dallv at 2, Evks. tt.43. NAZIMOVA In 'TOYS OF FATU" A tOI I "i 5-'U AND TIIOVIPSON STS rtarliarn CastlMon IrvInK Cummlnns In 'THE HEART OF A OlHI ADPAnlA CHESTNUT I1EL. 10TII ARCAUIA ID A. M loll IS P. M. SBSSl'B HAYAKAVVA In "THE CITY OF DIM FACES" rI I IDDlDn UROAD STREET AND BLULtIKLi, HIISQIJEHANNA AVK. JACK PICKFOMD In "THE VARMINT" r-inDCCC 1-A1N ST" MANAYUNK EMI Kfc-33 MATINEE DAILY ALL STAR CAST In WOMAN ANI THE LAW" FAIRMOUNT M,ht,PSAja,tv- VIVIAN MARTIN In "VIVETTE ' f- A IVIII V THEATRE 1811 Market St rAMlL.1 0 A M tn Midnight. ALMA REUBENS In "FALSE AMBITION" Ciril CT THEATRE Below Sprue 36 1 M 3 1 . MATINEE DAILY CONSTANCE TALMADOE In 'OOODNIOHT. PAUL" GREAT NORTHERN "rAnUV CONSTANCE TALMADOE In . 'OOODNIOHT. PAUL" INIDCPIAI BOTH A WALNUT STS. IlVir C-rVlrtU. Mats ? V) Kvs. 7 ft I ELIZABETH BISDON In "MOTHER" I C ArMTD ST ft LANCASTER AVK. L.CJUtLt Mslln Dally DOUOLAS FAIRBANKS In "SAY, YOUNQ FELLOW" H OWNED AND MANAGED BY MEMBERS OF THE UNITED EXHIBITORS' ASSOCIATION BELMONT WD AU0VE MABKET ELSIE FERGUSON ,n A DOLL'S HOUSE" fFDAR 60TI1 CEDAR AVENUE Mary Piokford 'HOW,oTil?AN7' -vl "MI A I GUI. A Mapleoo1 Aves, UULAJINlVLi sjis and 8:1B P.M. ALMA REUBENS . J"?).. COLISEUM Mirket ut SOth & UOth Douglas Fairbanks ln Say. louns Fellow" ENOUGH MEADE MEN TO ORGANIZE DIVISION Orders From Washington to Form Eleventh Being Awaited Camp Meade, Admiral, Mil., Jutv 30 For refusing to obey an order from a superior officer, Private Wasll Krlworlck, twenty-third company, 154th Depot Brigade, will havo ten jears to reflect upon his Indiscretion. By the terms of an order Issued today, the Boldler has been sentenced to hard labor for that pe riod at the United filntes Disciplinary Barracks at Fort Jay, K. Y Krlworlck flatly refused to do work assigned him by First Lieutenant Wil liam F. Dalton, or the same company, a few davs ago He will also forfeit all paj nnd allowances due or to become due, nnd when he has served his term he will be dishonorably discharged from the army. The findings of the court were approved by the reviewing authority without comment Many Virginia negroes are pouring Into the big wooden cltv these davs More than 1500 came vesterdnv, nnd this morning more than 14 00 arrived from all sections of the same State With the other negroes here from several States, they will be organized Into several regi ments of Infantry The organization of the 808th Infantrj, a negro unit, Is well under waj. Weadr for New Division There Is now a sufficient number of white soldiers here to more than fill a division, and an announcement as to the organization of the eleventh division Is patiently awaited from Washington Promotion will come to many of the offi cers In the depot brigade, and many of the best-trained of the selected men will win the chevrons of noncommissioned officers when the organization of the division begins Nearly all of the thousands who re- ' ported are In the training battalions of the 154th Depot Brigade The personnel officers are particularly husy In getting all of the neccssarj Information about the new soldiers, and the medical exam iners have their hands full There will not be many rejections be cause of phjslcal disqualifications Those who are found unfit for service overseas will bo assigned to the United States guards for dutv In this country. Brigadier General Joseph A. Gaston announced the assignment this morning of First Lieutenant John E Messmore, of the medical reserve corps, to tho 333d Labor Battalion, which was recently or ganized HUGE WAR STAMP SAVINGS Last Week's Exceed $58,000; July Record Above $200,000,000 By the United Press VV nlilnatnn, Julj 30. Five records have fallen In five successive weeks In the sales of war tavlngs and thrift stamps The nation's savings last week totaled $58,055,015 20. the Treisury De partment reported todaj, bringing In the largest sum jet received from that source. Tho natlonV stamp savings for Julj are expected to exceed $200,000,000 Only one week In Julj, the first, baa fallen bel6w $50,000,000 And last week's cash receipts from tho small savings source nlmost equal the entire war sav ings nnd thrift stamp sales for June Largelj as a result of the nation wide campaign which ended June 28, everj section of the ccuntrj- Is sticking awaj more money. The first two weeks In June showed average weeklj receipts of less than $10 000,000. But the cam paign's repults began to show Immedi ately thereafter and the 'oundlng figure reached last week has spread optimism among Government officials who have been urging national saving. Schooner May Be Total Loss An Atlnntle Port, Julv 30 The Amer ican schooner Luna, which went aground off this port Sunday night. Is reported to be In a bad position and may be a total loss The vessel, lumber-laden, Is ljlng head-on and Is full of water There Is a strong wind and heavj sea The captain una crew were taken oft bj life guards Fight Epidemic msterdnm, Juh 3(1 Tetanus has broken out to a serious extent In the Germanj armj. according to the Tele graa f The Netherlands Export Company has agreed to send a larfe consignment of antl-tetanua serum to Germanj. riioToi-i.iis STRAND Ctn A' ' v'nngo' E f Broad ELSIE FERGUSON In ' Till: DA.NGRU MAUK ' EUREKA 40TH MAItKUT STa STAR CAST In "ni.l."DNl:HS OK uivoncE' 333 MARKET.TC'S SiSffiZ DORIS KCNYON In ' THE STREET OF .SEVEN STARS MODFF 25 fcOUTH ST. Orcr IV1WLJ 1, Cnntlnuoin 1 to 11. Jt'NE ELV1DOE In Orchestra. "A WOMAN OF REDEMPTION PAI APF 12U MARKET STREET CKUHADER.S PRINCESS M,"n rrai8, EMILY RTEVEVH In ' "' "A MAN 8 WORLD" REGENT MARK-1? 5 V WiCT, BERT LYTELL In ".NO MAN S LAND ' RIAI TO QERMANTOWN AVENUB r!-l- IU AT TULPKHOChlENI ST EMMY WEHLEN In K 8T' "THE KOL'SE OF GOLD" RIVOLI MD AND SANSOM STS DOUOLAS FAIRBANKS',';!" DaU' THE AMERICANO- RURY MAHKfrr st below 7th inn-'-' I io A M t0 nils p WALLACE REID in " "THE FIREFLY OF FRANCE" M. SAVOY mi MAJtKE-T STREET SAVUTewel carVevV M"ln-"-' "THE FALLEN ANQEL" STANLEY CLARA K MARKET ABOVE 1TH 11 IK A. M tn 11:1(1 p. ' jt IMBALL TOIINO In THE CLAW" VICTORIA "JfSF. ffiiflhra OLOA PETROVA In 'TEMPERED STEEL" T R FRANKFORD 4m r-AYe. Douglas Fairbanks ' ys0 Pellow.. II 1MRO ''WONT ST- OinARD AVE. jumuv jumbo Junction on Frankford "L" STAR CAST ln "THB B08s I On NT KD AND LOCUST 8TREETS LUVJiJ i Mats .1 .SO, 3 80 fvsi.O 80 ta 11 Sessue Hayakawa 'Vg,. WAV.. NJIVOM KD HELOW MARKET BT. IMAUll 2:15. 7 and 0. ENID BENNETT 'TVoomrKT m T"t fr nojr urowBM .Mi Atlantic Cltr. Julv M.- itn years old, was drowrieii without being observed yee had entered the water with I nantens. The body was w last night. He was the son of 1 Fish, U North Mississippi V w idow w Ith three children. Key tit one Arctic Water Mi Frost Cannot Injure This Water Meter All th workltiff patU of th KtritoM Arctic Vatr Meter Hre protected from Injury through freezing-. A catlro plate at the tiottom serves urn a safety MHf Should the meter frie. thw Ktvea wrv, Anrl ran be replaced V triflinc cost, it Is the most practical nnd efficient meter for general use, w Blmplf in construction snd so well mada It bIs ears of patiafactory servlea. Let ui show you how It will save money for YOIT. m Keystone Supply & Mfg. Co. Plumbing & Heating Suppliet 4-927-935 North 9th Street St'MMFB B RSORT8 ATI-VM-IC CITY, y. J. Coolest and Most Attractive Location ., OSTENti Whole Block. Ocean Front Directly en the Hoardwulk. Bolton to SoT-' erelgn Ave . In exclusive Chelaea section. Freah and eea water tiatha. private aM, public Modern hjdro-therapeutle depart- ment. Orchestra. Dancing every evaalaCi'' Auto bus meets trains Booklet. "4 Ownership dlree JOHN T. DOLPHIN. MaT. PITNEY iV'w Tork Ave . near Beath. ,' "V Flrst-clasi table, noted for tni wholesome, well-cooked fry!. Cap. 9&0. i l.Hrsr. nlry rmi , open surround: batbla" from house; free shower baths: tlo upwk.:, 12 up dally; M C. SWEBfT. f , 0b 3aaal SB? M filSfc ffggt I jp sa HOTPI. RfKCnRFI Kentucky Av. aaar" -JS w Bch AIwt pn.j- ij Amir ft Kuro plans Pklt. A. R. MABIOtf.f 'i Westminster Kr- "v ,lr Bch ia- 0,i wcsiminsier,, Prlv. baths run. water,? Si? -n un wkly : 12 no un dly Chaa. Buhr. wii.mtoon. n. j. -i ?sS mviumi mn 1 Mht Harris.Prop. n OTKAV (.HOVE. N. J. NKVV I'IHI.AIKI,I'I11A Directly on Bene.-! Oiean Tftthwaj , unobstructed vtasr of Orran nnd Atidltorloum MRS. C. A. COX, KRNKRSVII.I.E. PA. ., i. i v C 1. TLI11 nnn all the VMr. Not', a. Z 3UTISCI. noil ...,rlm. Write Oca. U. Ji nsnl. Pr Jtur or Iedaer Centra;. 1M f Km. CATION At. Bath Rexes - .- ' BOB i :. mr-y rn Day and Evening Schools ' M Preparatory School vAf?: All HlRh School SubJerta vrff KrfM Preparation for College and University "V? ilsm Professional and Technical Schools irrV fiM Elementary School For men and bos who need to TMkVv'ftr" ilcrkleiic In earl education. &-S-VH in r cil.i ltkl ttii-uay ocnooi I!oi 11 to lfl -.ears Hrs 0 00 A. M. to S I' M 7th and 8th grade Grammar Sobool. First i ear Hlh bchool. . Business School Men nnd omen. Stenotpj. Typswrlt Ing Bookkeeping, Business English aM Arlthmetli Hrhooli Open Early In September1 Write Now for Detailed Information. DIRECTOR OK INSTRUCTION 1121 ARCH STREET Shorthand Students well grounded ih the theory and practice of stenography and carefully in- structed in the art of takings rapid dictation. Pitman andt Gregg systems, two hundred typewriting machines. Short practical courses. The term starts Tuesday," Sept. 3. Ask for Catalog M-45. Phone. Diamond 631 TEMPLE UNIVERSITY Broad St. below Berks I Philadelphia Department of Commercials Education .. - E Secretarial. New courses in shorthand (Pitman and Grectr) and bookkeeDinsr will" '."si start August 1. The opportunities- 3'J are exceptional for those who can start the course now. Write or.dtI ta Is. it Viti mcMDi c TrMivcDcrrv'r49. I Broal St. belsw Bark K?j Philadelphia ".M T Grpge shorthand, the easy, ipeady tjrstMBj Jwy Jjtifi l.unlneaa toura? Day or ev. School. JBarwll tttZ any time to meet tne navy ana incrftaw .a?'" demand for lounir men and womw-wmt V&ir office and buslneaa training our claMes wUlwJ .. be tontlnued day and even In thfk-t-yr',? , Q nut co mm aummer monina uai of write for parttculara and ratau 1017 Cheatnut 8tewt Strayer's Business Ci Phlladelnhla'a (Jmteat Bullae ExDert learhtra Modern enulomant. vldual advancement. Charge mode rat aitiona guaranteed, uay ana IN tent vl tiki atuaenta nowauenainr. jsnrou mi Cheat nnt Street. Phone, . - u lai1 iaff!Kr , oun Men n By VI-, THESTXt'T HlH.. TA. CHESTNUT HIM. ACADKMV nJ . A country bvaralnc and aar achaal far sm Tnorouan preparation ror rousfs. aaiasj school or business All athletics. Oolf m fine Brmnaslum with swlmmtna; pool.? nupns rrceivea tiiparaia ixiwer kcm boys Iron) seven upwards Catalog. Merianr law raies ror siMar m JAMEKLAMriON -TTKRH(VTs1m St. Martins, CbcataM tUUTH im AW "?$a VA HB 'ft vsS! 57 m rss .-ja - .". J.-i CH :mm tm- ? V8 ! -!). 4$ f ,-aI.s "m '"J r'V& 3 vWrJ Itr .!.& 2MS5 1 Ve . 3 Ill SS.t i J, JPi 1ZZ L E.'.. " .!." '4.. rt. ,' 1 viv KrtJL f .i.fcj? , i .jft .Ji-3r mkmmdMM Ei-jVi!AfU"& kki!&-9J&&te. rtWMiMjg!
Significant historical Pennsylvania newspapers