"'4' "'t5. i 4 :fi V "evening public Ledger-Philadelphia, satubdat, febbuaey if ' 1019 l I. t t GOSSIP OF THE STREET NEW BOND ISSUES OF VARIOUS 1 KINDS COMING INTO THE MARKET S'J. P. Morgan & Co. Explain That They Were Underbid lk r c..l,.. i? ..:.. n: riff .,-: l, Wroto Syndicate Gossip of the Street H rt.' r u IV. I ! - 14 y A v TDEGAUDLESS of tho-proximity of the Victory leoan campaign, the all In the financial district yesterday was full of rumors ns well as facts concerning several new Issues of securities which wero either already brought out or wero In the process and would bo announced later. Ono of tho local Issues Is $400,000 De'Long Hook and Eye Company first mortgngo 6 per cent bonds, duo 1929, which havo been" purchased by Krazler & Co, and will soon be offered to the public, Tho Issue has yet to be approved by tho stockholders at a mooting to bo field April 8, 1919. 'Concerning this Issue l'razlcr & Co. gave the following Information: "The physical assets of the company havo been appraised by engi neers at about threo times tho par value of this Issue of bonds, and the net earnings of tho company for eighteen years are reported at almost six times tho Interest on this Issue. Tho company has a very high reputation In tho trado and has spent moro than $650,000 In advertising Its products, which Include tho famous 'Sco that Hump" hook and eye, snap fasteners, safety pins, etc. It owns a building at Twenty-first and Clearfield streets of very modern construction, ns well as Its own power plant. The mort- gage will provldo for a sinking fund which should retire all the bonds by maturity." No Immediate P. R. R. Bond Issue There was a rumor that tho Pennsylvania Railroad .Company was coming Into tho market right away with an attractive Issue of bonds, byt this was evidently based on tho announcement by Samuel Ilea, presi dent of tho company, that the. stockholders would be asked at their meet Ing on March 11 to authorize an Incrcaso In the company's funded debt of $75,000,000. Tills was tho explanation given by a prominent banking concern closely allied to Pennsylvania interests, and which claimed to havo no other information on the subject. It Is generally believed that new financing for tho Pennsylvania cannot bo long delayed, as, according to Mr. Rca, the Increase which Is being asked for the funding debt Is to provide, among other things, for obligations maturing during tho present year. i Tho representatives of some New Tork concerns who have offices hero wero absent In New Tork yesterday, and while no Information was obtain able, It was rumored they wero over In connection with some largo Issues which are being brought. , " There was somo discussion over tho announcement concerning the financing of tho $23,000,000 three-year 6 per cent notes of the Southern Kallway Company by Halsey, Stuart & Co. and certain Chicago banks. There was a feeling among financiers that In this particular transaction J. P. Morgan & Co. had got a raw deal, but a statement from that firm proved tho contrary. As one banker pointed out, tho railroad admlnlsi tratlon, through John Skclton 'Williams, had the matter In hand and not tho Southern Railroad ofllclals. Tho complaint among financial men was to tho effect that as J. ,P. Morgan & Co. were tho recognized bankers of tho railroad and had helped Jt out of somo tight places In tho past, they should have had tho preference. According to tho Morgan state ment .they wero properly treated by John Skelton Williams and were outbid by the fraction of a point by tho western syndicate. Pooling of War Debts Not Favored Here A-bankcr on being asked his opinion of tho proposition of Mr. Klotz, French Minister of Finance, to tho French Chamber of Deputies yester day, based on a proposal mado some weeks ago by Deputy Jacques Sterns for a pool of the Allied war debts as a part of tho world league, said there wero moro fool proposals being let loose these dayB than one could And lnsldo an Insane asylum. Another banker said tho idea was beautiful and certainly realized tho long-hoped-for brotherhood of man, but ho was always suspicious of such propositions, as they generally started with tho fellow who was in tho holo furthest. Evidently the plan Is receiving somo consideration in France, where It Is said Mr. Klotz has given tho subject of an Interallied nnanclal so cletjvfor .ther liquidation of tho combined war debt of the Allies consider able study, and that the French Government had been accorded the ini tiative at tho Peace Conference In presenting a plan for the creation of a "financial ejection of the socloty of nations." A well-known financier said If the plan Is a good ono for debts, why. not for everything else? Why stop at war debts? He said he did not think it at all practical, although ho would not llko to express a sweeping condemnation until he had seen details of tho system. Would Hold Directors Responsible for' Statements The New York Stock Exchange, In Us laudable efforts to expose frauds and protect the public, Is trying to havo a law passed that when a director makes a statement In regard to his corporation he should be held personally responsible for II, oven though mado unofficially. The exchango argues that the public has a right to believe that a statement made by a director is tho truth, and any director who assumes to speak for a company should be prepared t6 faco the consequences. It is also suggested that every director of every corporation should announce at least quarterly tho exact number of shares and bonds he holds In his corporation. - When the above was shown to a banker yesterday he remarked that If such became law the public would be astonished, ospecially'in connec tion with the railroads, to find certain directors presuming to sit on boards In which their interest 1s ofen Infinitesimal. PLAN TO ENFORCE 8-H0UR DEMAND Textile Workers Arrange for "Peaceful Demon stration" Monday TO QUIT AT TIME LIMIT . Monday will be "Eight-Hour Pay for the textile workers of Kensington. On that day they plan to enforce, by p, ')eaceiui ucuiuu- stratlon." the de mand which mill hands all over the country are making for a working week limited to forty eight hours. The essential part of tho demonstra- i win be refusal .. . ...I-.- lnnrrt than to stay at their macnm" eight hours a day. , .. thesis n ..art" Monday ausuah don;, the mill hands will "" their machine, put on their hats ana coats and go home. Not running Strike a. 41,. leaders point oul- they are nofptannlnrtostrK1, Sofarasthey '. ". ,. there will be no striKe, The only chance oi r trouble they see Is a lock-out ty me '"'" ""' s?"'rv'"r;r.T.'r ""x. ;a textile States, BUSINESS NOUS h . hv, 'IV, Commercial failure this week In the United States are 165 against last week, 177 the preceding week and 264 the corresponding week last year. Failures, In f-Qfir!n nnnihri. tlitrtv.hnn. nf-nlnat 'J jilne last week, fifteen the preceding weeK ana iwcnty-ono last year. Importer! of raw allk hare received I) cables, on raw silks from Yokohama. ucHHUlf uaiD ui utiiiuarj -., which ua-ucu for a further reduction of Kansal and Bblnsul stocks In Japan, in addition to the sham decline reported in messages i of the .previous day. Importers and other sellers In this country did not change their selling- prices In addition to the J!7H cents ' a pound cut an , naunccd Thursday In New York, but t additional declines may develop by J; Monday, unless news of tho Japanese i and Chinese markets on transactions of . today Indicate an Improvement In the 'L demand and a higher tendency In the iar Jiasi, .4 i IJ , "i The New York 1'roduce Exchange has gone on record that it Is against, any , further government price-fixing or con trol of foodstulTH beyond the point of an equitable adjustment of existing gov ernment obligations. In which considera tion should bo given to the rights of both producers and consumers. The exchange has also empowered its oOl cers or other authorized representatives to assist In any necessary constructive work, legal or. otherwise, to hasten the return of business to its normal channels. No shipments of quinine nnd He aalts and cinchona bark and Its products may be exported hereafter from the United States 'under a ruling today by the war trade board.. Licences for .the Impor- ! tatlon-tof wolfram now will' be- issued ? freely. Advices from Paris are that the French ministry of food has agreed to remove present governmental restric- Ii tions on ine importation oi couuenaeu . milk and fats. 4 j Heavy buying In tlie plantation graiies f has turned rubber Btrong during the ' last few days and an -the largo tire manufacturers have taken all offerings. . mai-lifil ! hnnt nf Mnnt flUDnlleB. I' tMmt latex orene In held at fifty-seven v . 'rental on the soot and smoked sheets ; ribbed at "65 cents In .New ork. As It will take about two. months before I Increased shipments from the bast can t .arrive, the situation Is In favor of sell ers, as the tlremnkers are again work 1 imr affull time and, will need a heavy tonnage. The Drailllan descriptions are ''comparatively- quiet, .but raraup-rlver 'fine t a shade firmer at 09V;gi6flc. , 1' "Kffectlve today, remnvlnr requirement of, licnses under food control net does not affect Importers and distributors f wheat,'-corn, oats, rye and barley, nor levators, nor wureliouso storjng same, nor Importers, manufacturers and dls trtbutars of pork products, . including saKHe&Kg;?. REPORTINDUSTItY SLOW" Local FedeVal Reserve Review Sees Hope In Lower Prices The monthly report on business con ditions In the Philadelphia Federal lie serve District says In part: "Industry In general throughout the district has been marked by a pro nounced slackening of productive effort. Government cancellations have had a very serious efrect. and civilian orders are not yet under way in large volume. "The matter of price is tho principal point at Issuh between the buyer and beller. It Is merely a question of who can or will hold out the longest. This condition has been maintained for quite a time now, and shelves are emptier than they were at the time of the armi stice. "Some hope, however. Is to be found In the latest Indices of commodity prices which have been published by leading business publications. It appears fair to assume that the crest of commodity prices has passed. How rapid the fall vvlir be, however, It Is Impossible to pre diet. "Such recessions a have taken place have had the uniform effect of stimu lating Inquiries and orders, indicating a potential demand of some strength." Worm. --.--- ,., .1 ..-i mm ecu ca h.t:j - ready have heen promised a forty-elght nr week by their employers. TKeir . tible victory was In Massachu seus where the American Woolen Com "i receded to their request. This corporation the tarrest of Its kind In the country-accepted the forty elrtVhour week with the understanding eigi.T. u ,... r,,v would bo nut on that me i""- - - 4h anrae basis. This Is another important aspect of .,. .ituatton. The textile workers, In ? ! ." "n,V elaewhere. are not at this time striving for increased pay. "Wages do not enter "" v .- - All of Kensington and other parts of the, city as well where textile workers are strong are virtually Interested In what will happen Monday.. Feeling Is w."" T , narts of tho city where the mills are located. Thousands of buttons printed In red. white and blue ..j ,.rimr the motto, "I am for eight hnura Textile Workers, February 3, 1910" are being worn by textile work ers and. union men and women gener ally. .Display Mutton Toiler A reproduction of the button In the form of huge posters pasted on the .M,, 0f a wagon Is being driven through the streets of tho mill district dillv For weeks there have been meetings of the textile workers In prep aration for Monday's action. The speakers at these meetings have been officers of the union, both local and na tional and men and women from other trade unions which already have won .MuiA t ttiA union rjrtnclnle. recutuii "' ----- - ,!.,;h ,i., The movement ior u.i :,.,..-," - In the textile trades was Inaugurated many years ago, but became definite .a rnnrriin at the last national coo- vention of the United Textile Workers of America, held In New York in Novem ber of last year.. At tho convention resolutions were adopted demanding a universal recogni tion of the forty-elght-hour week. The campaign for an eight-hour day and forty-elght-hour week throughout the country his been directed from the national offices in New York. Uniform literature has been used throughout the country. Workers' Iteiolullon The textile workers' organization In Philadelphia is working under the pro visions of a similar resolution. This resolution, In part, follows: t "Whereas, the principle of a maxlmtlm workday of eight hours has been In dorsed by the President of the United States and officially by the United States Government as a standard of productiv ity, of living and of conservation, pro tecting the workers from overfatigue and nahllne them to make their most cflec- tlve contributions to production and be useful members of society; "Therefore, bo It resolved. That thli convention go on record in favor of the eight-hour day for all textile worners of the country, same to go into eneci on February 3, 1919; "And be it further resolved. That we, the Textllo Workers of Thrladelphla, pledge ourselves to use all legitimate means within our power to secure the eight-hour day on February 3, 1919, for all textile workers, and call upon or ganized labor and Its friends and all those who favor this humane, progres sive and justifiable effort of the United Textile Workers of America, to co-operate to the fullest extent that success may crown our efforts to bring a shorter work day to the hundreds of thousands of men, women and children employed in the textile industry." The plans and hopes of the textllo workers are embodied In a statement issued by the president of their national body, John Golden, who recently re turned from a labor mission for the American Government In Italy. Workers of America means Just what It says an eight-hour day for all textllo wonted but wo are practical enough and reasonable enough to fully under stand the different problems wo are confronted with If various parts of tho country. Therefore, we will bo ready when the proper time arrives to make tho necessary mutual agreements with manufacturers In different carts of the country as to tho establishing of work- uib ccneauies wun the full understand ing mat tho workers will not be called upon to exceed a forty-elght-hour work week." Not Pay Itlia Ituio "I might also etntn (bur h tTr,n Textile Workers of Amori u , slrous or attempting to establish a caslo cignt-nour day or a forty-elght-hour work week with the thought that our members would be encouraged to work more than forty-eight hours per week for the purpose of collecting time and half for overtime. Wo firmly bcllevo and have openly declared that no textile worker, either man, woman, boy or girl, should bo expected to work within the four walls of a textllo mill moro than eight hours per day or forty-eight hours per weeK. Ana the reason we demand time and a half for overtime Is mainly to put a penalty on overtime, so that It won't be put Into operation, only when necessity calls for It; and then vvo be lieve these workers who nro called upon to perform overtime, work under ihe.e circumstances should bo recompensed for mis overexertion om their part. The United Textile Workers of Amer ica have never Indorsed any action of Its members In refusing to work over. ume wnen It could be shown that neces sity called for It, and proposes to follow out the Bamo policy when tho Bhorter workday Is established. "The United Textile Workers of Amer ica havo also fully mado up their minds that to attempt to secure tho eight-hour day by either State or Federal legisla tion Is simply a waste of time and en ergy. We hold the opinion that to at tempt to put any one Stato on an eight hour day and allow other States to work up to sixty hours per week is an unfair snd unjust proposition, both to the em. ployers and to those employed In other States. Hint From Manufacturers "Tho textile manufacturers In the New England States and In other northern States havo for years been howling for something to bo done to place all, tho States in the Union on an equal basis so far as tho hours of labor were concerrled. The United Textile Workers of America have started out to bring this about, nnd in what they believe to be a practical and Impartial manner. We shall now watch with deep Interest to see what attitude tho textllo manufacturers of theso States referred to will tako In meeting this issue They need have no misgivings about the United Tex tile Workers of America letting up in its work until they havo brought about tho eight-hour day or tho forty- olght-hour work week In every textile community, North, soum, jsasi anu West. .in far n the. Question of wages is concerned. It was tho unanimous opinio.! of the delegates to our recent conven tion that this Issue should not De in jected at this time into the main issue of the shorter workday, feeling abso lutely assured that the question of wages would take caro of itself, onca tho shorter workday was established. "Cm behalf of tho United Textile Workers of America." for thousands of pages of testimony talien during tho nlnb days the legal battlo .waged. The total, including In cidentals, In expected to bo much smaller thnn tho 169,093.03 It cost the cltv to try "Ike" Ueutsch. Lieutenant Dennett and the Fifth Ward patrolmen. A largo part of the cost of the trial at West Chester wns railroad fare and court expenses. The Mayor's case being tried at a regular session of the local court the costs for court officers. Jurors' rees nnn incidental expenses will come from tho regular appropriation for the operation of the court and not hs a special Item. Councils nt the first of the year appropriated to the District At torney's office sufficient funds to more than meet tho co't of the Mayor's trial The total cost will not bo known until all vouchers nro audited by Controller waiton. TEXTILE DISPUTANTS TELLING FACTS TODAY Union Official Reports 25 Mills Hnvc Posted Eight- Hour Notice Troopship Here; Another in River Continued from Tone One pany, of the 109th', nnd many times dur ing the fighting entertained the Idea that he would never seo his homo again. At Chateau-Thierry he sustained .1 shrapnel wound and In tho Argonnc sec tor sustained twelve ride wounds. He side that he was gassed But ho was smiling todrfy and made light of his trou hies. Harold J. Borden told an Interesting elory of tho Old Third Regiment, of Camden That unit virtually wns wiped out In tlio Alsace-Lorraine sector nnd Borden "nnd suffered heavily.' wouuded nnd passed. "Tl m.u n lltTMInj- rfirrlment." said llorden, ' and- suffered heavily " Lieutenant Ilalph Clark, of Kalama zoo, Mich., commanded tho returning lighters. Clark Is an aviator ami one of tho original members of tho famous L.ifaetto Hscadritle When America entered tho war he obtained n transfer to our own aviation corps and had many thrilling air lights As the ship warped Into its berth, Vincent Columbo leaned against tho rail and gave tho lied Cros workers and newspaper roporUTS a hearty greeting He was undoubtedly the happiest man on tho vessel and explained his, happiness bv tavlnc that h had been In charge of flerman prlsonors. At Chateau-Thierry ho was knocked out when tho bocho sent over mustard gas For forty-eight das he remained In :i hospital and w hen he recovered w ns placed In charge of Gcinmn prisoners. "I look charge of them " he Kald, "and took care they didn't vlolato any rules." Another trnnspprt, the Lake Ycrrlng. ton, bringing radio men nnd officers from France, Is due here this afternoon. Tho news that the "Old Kcond," Phil odelpli'a's own nrtlllcry regiment, now tho 108th Artillery, Is scheduled for early return to thli country, liar produced results nnd n wonderful welcome Is being prepared for tho Phlln-delpt-U men who fought so successfully Tho peace Jubilee commltteo Is In charge of arrangements. Tho plans will be cimv pleted as soon as definite news Is receive cd from tho War Department. Textile workers nnd mill, owners arc conferring with Gcorgo Wharton Pepper this afternoon, to lay beforo him the facts on both sides In the clglit-hour-day controversy. Mr. Pepper Is chairman of the com mltteo of prominent men and women ap pointed recently by Judge J. Willis Mar tin to net In the textllo dispute. There will bo a general meeting of the committee this evening, when Mr. Pep per will Inform tho committee of what hf has learned from various sources concerning labor conditions In the tex tllo mills. The textllo workers have named next Monday as "Ulght-Hour Day," and plan to leave their looms after the completion of eight hours' work, unless omc agree ment has been reached with their cm ploerH beforo that time "We havo decided to hold a meeting of tho committee this evening." said Mr. Pepper today. "In tho interval I nm collecting Information by contact with r present atives of the manufacturers and the workmen's organizations. "I find there aro numerous workers' organizations to ho considered. The nuestiiin of tho representative right of individuals to speak for those organiza tions Is a delicate one. "I havo arranged conferences with several representatives of tho workers and their employers for the purport of providing nielf with Information which I can lay before the committee Theso confertTu'es nro not for tho purpobe of passing on tho merits of the case, but slmil to obtain Information "It Is Impossible to forecast In ad vance what action, If any, will bo taken by the commltteo at Its meeting this evening." Outlook (lood, fajs McKoaky Frank McKosky, vice president of tho United Textile Workers, In charge of 'he situation In this cltv. announced to. d.iv that tvvent-flve local mills have P'sUd notices that they would ndopt for moro money, but for reasonable working hours." N Mr. McKosky said (hat the final mas mcctlng of tho textile workers will be held Sunday evening in tho 1'eoplo's Theatre, Kensington avenue and Cum berland street. John Oclden, president of the United Textile Workers, will ho one of tho speakers. Another will be Mrs Sarah A. Conboy, tho natlonnl secretary, and a third John Manning, hecretary of tho label trades department of tho American Federation of Labor. Thcro will bo other speakers of na tional prominence. In tho labor movement-There has been no strike threat so far hy the textile employes here. Tho strug gle for nn eight-hour day and forty-elght-hour week is going on all over the coun try. Workers havo had varjlng success In pressing their demands. From Lawrence. Mass., comes word that 30,000 textile workers have voted to go on strike Mondoy If the manufactur ers refuse to grant a demand for a forty-elght-hour working week on a fifty-two-hour pay basis. John Golden, president of tho I'nlted Textile Worker hurried to Lawrence when ho heard of the Mrlkc resolution, wiring In advanco to delay action until ho cbuld Hrrlve. Tho Manufacturers' Association of New Bedford, Mass., today announced that It would nccept tho forty-elght.hout week, following a conference with the workers. A conference between the workers nnd tho Cotton Manufacturers' Ahseiclotlon of Fall Hlver, Mass,, result ed In a similar agreement.' In tho two towns a total of 60,000 workers aro affected. In other textile towns of New Kng land, and particularly In Massachusetts, the sltuatloh Is said to be uncertain. Virtually everjwhtTe tho workers aro basing their demands Blmply on the e.ght-hour day, without refcrenco to the number of hours for which they aro to be paid. attaining his majority, would have lrrV- hcrlted $50,000,000. It Is estimated, had -in ho lived to forty years, for he was one ,it of the direct heirs of Marshall Field, J - J nut ran u. f filial iu m airman riviu, tiiii KTlfCATIONAT, llnlh Bun FIELD FAMILY SETTLES SUIT Will Support. Son of Laic Henry Field and Actress New -iork, Feb l Peggy Marsh, a dark-haired, soft-voiced, pretty little woman of about twenty-three, who does not look a bit like a chorus girl (which eho formerly was), has Just agreed with the multl-mlllionalrc Field family Put Your Brains to Work If lou work with our hands, our r,'X,i,.l2"J by th w" ' n4 your skill If you work with your mind thern ' l no limit to our salary It's up to ou, Iiok at the coum-a we teach you "' low eot! Commercial, Stenography, Offlci Training, llookketpinie, Ensllah. Tjping, secretarial. Penmanship. All '.;.u?ht ,n aur "sy School. alo Alfmday. VVednetday. Friday nlghta, Fpfclil ctaii-3 Tuesday and Thursday ntahtf. BANKS BUSINESS COM.KOK 810 WALNUT STItECT MMKTIIAM A.NI IIOOKKKErraO Our araduatea are In conatant demand. Ooet raying poiltloni await you. Grtzr Short hand, the eay. tpwdy atem. CompUta nlrht claaaes Intensive training-. unroll any time. Call or write for full particulars and catalog klBl nuit. iio!-i,-ir-n t III.1.H4IB 'Of and rnlleca nf Commerra 1017 Cliestnnt St.. Philadelphia STRAYER'S T Mast nuslnsa School. " "" J SOT CHKBTNUT BT. rhlla School for Nursea. 28dfcChntnut 8t . lto-pltal and Home Train. Call or writ. WlNTETt nESOItTS ATLANTIC riTY N. 1. HOTEL CONTINENTAL A1iraa open. Always erate Phono or write. readv Terms mod M. Walsh Duncan. i Mt2 Westminster K Av- "'" Beach. E1T. natar. SIS 50 up wltly. 2 CO up dally. C.Buhre HfELOSCWoTy ,V' ""' .au uv,u-v,vuu rteach Always open Thoroughly heated. Bklt, A. E. Marlon; "ysi tVRRM-:Krit.i.R. r-A. WALTERS PARKpw W WornersviUe, Pa Jo6 f Just tH0 ria.ee X f (or rest, recreiilcn and health. Fine nil I year -round cllmtte. Splendid mount tin I I roadi. Free Otrage. Kltctric tad mor- I I merit treatment wnen desired. Rcfidtut I I phjrilclrn and nuriet. Two houra from I I Philadelphia, Eipremervlce.AlwijficpB. I Y Ownership management. Est. 4iyeara. J h SUNSET HALL T " ' crisp, dry air: heAiitltuI mountain vvalka. Hiel-hlne', coasting, etr Not a sanatorium WrUn CF.CI N flAI'I.. Mgr . WEHNUUS- of Chicago, to accept the Income from h ''" 'A r Iter Central. $100,000 for life In return for certain claims she had upon Ihe lato Henry Field, grnndon of Marshall Klein "Here Is our llttlo boy Henry's and mine," she said esterdav at her home as Mie placed her arm about chubby tow-headed voungster of two and a half years. 'His father wns to provide for him and for me as long on we lived, but he died In JuU, 1917, and ineiw ,,-, cunie. iiiiiicuiiy atiout ins ,v-ni:vii,i,n, N. 1'. tho forty-elght-hour week beginning family living up to the agreement he Monday "Th"o situation looks very promising," rnlil Mr McKnskv "I have every hope hat trouble wll' be averted Our ap peal Is to the peoplo of the cltv Kvery one must ngreo that our request for an eight-hour daj Is Just Wages do not enter Into It We aio nut asking had made. So I was obliged to brine suit in Chicago to protect my baby's interest ond my own "Dul tho suit was really of a frlendlv nature and now everything Is settled ' have been receiving $500 a month from tho Field famll, and I will receive tho Income from tho $100,000 as toon as It Is Invested for tne." Henry Field, who died not long after m I JaMBrVk' ?IaJ. ERYgaRK HOTEL SHEVILLg IM-Ci ir TMK U4XNr op- TMg 3H-V on THE CVXIE HI OH WAY Famous everywhere for Ita location, aarvloa and oulalna. Booklet and rates upon applicatlda . S. J. LAWRENCE. Manager .,iiiir" . iOl Hoi Unite, flu. - "' t w ivtfk nrxniTS V IVTF.R BKMIBTS WtXTKrc rtr.nnnTB HOTELS Indian River and Rockledge HOCKLEDGE, FLORIDA dolf. Tennis. Boating, Flshlni, Hunting-, eta. ide climate. Write for circular. W. W. UIIOVVN. Manaeer. Summer season: Oran llden Hotel, Lake Sunapca. N It. WESTERN MONEY NORMAL Chicago Investment Market Shows Ac tive Tendencies Chicago, Feb 3, The lnvestmenfmar ket shows actlv tendencies. There 1 a good over-the-counter demand for the moro tecent Issuer, and prices aro hold' lng fairly well. Funds for Investment purposes are plentiful, and the money market ls nearer normal than for many months. There. Is reason to believe that the market holds many surprises In tho near future In the way of new offerings of ono deaeflntlon or another, so that deal ers and others are In a. happy frame ot mind In anticipation or Digger tnings doing a little later, During the period of reconstruction, with tho Inevitable; hesitation In general business, n large amount of money will undoubtedly seek employment through Investment channels and this status Is now. beginning to manifest Itself In no uncertnln w-ay, and will no doubt greatly stimulate the market In the uear'future. Recent offerings have been well taken and havo been widely distributed, espe cially those which have been offered on an attractive basis. At the same time, there. appears to be no evidence that the market haB been oversold. , Copper Industry Lags Washington. Feb. 1. Working ci-n-dltlopa Jn the copper Industry during the period of transition from a war to a. peace basis were ejlscussed yesterday by Se'cretarr Wilson and other ofllclals of the periartment of Labor with thirty-twol representatives or workers in me mines, MlUatKWt wltwof ArB,' Utah m4 Mr Golden's Statement Mr. Golden's statement, which was sent to all the local organizations, is as follows: "With a view of obviating any mis understanding In the minds of either textile manufacturers, textllo em ployes, or the general public, the latter undoubtedly being deeply Interested In this effort to establish an eignt-nour asy for all the textile workers In the coun try, we wish to make clear the action of our recent convention and the meaning of the resolution adopted, "The textile Industry Is composed ot a number of different branches, and as ' cotton, woolen and worsted, silk, etc. The hours of labor as established by State legislation vary In different parts of the country. In most States In the North and East, the general run is fifty-four houra per week In cotton, woolen and worsted, and fifty hours per week In the silk Industrythis fifty hour work week being established through the efttrtg of the United Textllo Workers of America a little over two years ago. "In the aouthern States the work week runs from fifty-eight hours per week to sixty hours per week. The In tent of the action of our recent conven tion was to put all the States and all the various branches of the textile In dustry within these States on an equal footing. Hence, the resolution called for a universal eight-hour day for all tex tile workers throughout the country. "The reasoh the forty-elght-hour work week Is mentioned Is due to the fact that In the northern and eastern States the Saturday alterncon holiday has become a recornUed Institution, and I doubt very much whether either the manufac turer or the employe would care to disturb this phase of the situation. "In virtually every State It will be necessary to work about thirty minutes or so per duy over the eight hours of the first five daa In the week hi order to maintain the Saturday afternoon holiday. But in the final analysis It would simply mean forty-eight houra per week, putting all six aaya together. "Consequently, the same number ot houV per wek would be worked both North. South. East and West. I "TM rit t the United Textllo State Will Seek New Indictment of Mayor Continued from Tate One licly humiliated and the good name of Philadelphia dragged In the mire because I would not submit to the po litical dictation of my enemies, who struck from their hiding places through their willing tools, and because I would not turn my administration over to their manipulation. Calls It "Political Conspiracy" "This trial, however, has cleared the way for us all to bend all our energies and to devote- all our attention to the risumptlon cf the great plans for the advancement of our city that neces sarily have been Interrupted by the war conditions and the obstructions that have been put In my way by these ene mies, both In and out of court. "Now that this political conspiracy has failed, I call upon all good citizens to frown upon and cast aside the tra ducers of our city and all Join In the completion of all our plans, which will result In bo much good to tho city wo love'." As the Mayor turned from the jury box. following the announcement ot tho verdict, he was caught In a svvlrl of tho spectators, who pressed close to him to shake his hand and congratulato him on tho turn his affnlrs had taken. The first man to reach him was George Benz, a detective, the Major's personal bodyguard, who shouted: "This Is great! I knew you would coma out a!l right." His brother, Pri vate Secretary Joseph C. Smith, and one of the witnesses, followed, and' for ten minutes there was a public recep tion. Finally Detective Benz steered him through tho crowd to escape through tho door leading from the bar inclosuro, when the Mayor bumped squarely Into threo of his lawyers. Tho nrst was ir. dcoii, uuu no vuuiea uu colors when the Mayor flung his arms around his neck and kissed him fer vently on the cheek. Scarlet Wui Captured Many of the spectators laughed, while others applauded, and then Mr. Gaffney was tho next to be embraced. Mr. Scar let was trying to escape from this ef fusive thanks, but be couldn't outrace the Mayor, as Mr, Scarlet suffered a sprained ankle tho night before, and was caught. He got his hug and kiss, unci then, with a stream of people flowing be hind him, the Mayor was piloted out ot the courtroom. He went straight to his apartments In tho Longacre, where his wife and daugh ter, Betty, wero waiting for him. Mrs. Smith has been In a state ot partial col lapse during the last days of the trial, and to aasuro her of the good news young Davis Smith had ruthed to a telephone and sent over the verdict. In his own npartments the Mayor was vis ited by numbers of his Intimate friends, while others called up on tho telephone to glvo hlin their good wishes and con gratulations. After the Major left the Jurors gstr ered about to get their money. Stolzer, tho foreman, was plainly anxious to know what became of his milk route, that he had to leave In order to serve as a Juryman. He was uncommunicative, and when asked for Information regard ing tho Jurymen and their deliberations he pointed to a gas Jet and Bald: "Ask tlat. It will tell you as much as I will." But the others were not so mute. William AV. Crosby, a printer, said that the Jury had discussed the evidence from day to day, and that It was unani mous. "We talked It over from time to time," ho said, "and kept pace with the case. So we were able to have ons mind on- the matter when the trial ended. We simply took one ballot, after we ate our aupper, Und that showed we were all united to acquit tho Mayor," Another aald that the entire discus sion preliminary to the ballot required from fifteen to twenty minutes, he be lieved, certainly not more than a hatf hour. r - COSTS CITY LESS TO TRY MAYOR THAN DEUTSCIl Preliminary estimates of the cost te tha city of the trial of Mayor Smith ahow payments naaary to 'mora than 1M wMneasta called by the District At tenupr and to oourt stenographers HHBLjiVlp9jYraKsLLLHaBmaLasl( If I Ul IfaK I -; .'Ik- USeA '. Wrr--jfr' lh muni vtv1 naWasmrr i w j v vt m ASSm gf.', rlFti 1KP 8 a at fe ' DasaKaasasaH L f-WaaaaaHasaM mmmmmm Come to Pasadena! "D AILpOAD service is ade- quate, and prompt action by California health authorities has relegated the influenza epi demic to a memory. There is now no reason why you should not enjoy your winter in California there is every reason why you should. Social life has assumed its usual gayeties in Pasadena. Come and enjoy the beauties of the world-renowned playground of California Pasadena with its healthy environment, its sunny, smiling skies, its hospi table hotels and its outdoor life in all its ecstasy of abounding health. Hotel Maryland Hotel Huntington Hotel Green Mrfl -a eSt "!lV J& w J r. '- I 1 (t ' , .; i, w4 s. 1)V ! D. M. Linnard, Manager. Pasadena, California tut ..Jo ; WJI II I i ml irti5 . H 4 exl -.41 nr PX . w . SJ M.M. MnT;g3 -t , r ttu ' lV AHit;-, SK i. wi jwn &m f , t ''"J-Jj .. .M m M 91 ij "? 5fl r im A ' ri .- t H l, ef ;,4-.-i .'f..v. 1 1 . A Vf raEAw .. .S. . c Rsi s-. S' ;i &.. 'JifAJh si rfJaif u' ",. I..
Significant historical Pennsylvania newspapers