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EVENING lJUBLJtC LEbaEU PUiLAOELPHlA, F1UDAY, FEBKUAJd' 7, 1019
.19
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WOODEN
PACKING
BOXES
tOCK COftNtR-MAIlEp-POVtTAIL
T.3E
&SONS CO.
DELAWARE AVE.&rAimJNSTS.
William Etsweiler & Co.
ESTABLISHED 1888
WXIALHACK Manufacturer
Waterproof A
Sttamproof
Leather
Belting
HKnXPtOCH
Philadelphia,
U. S. A.
Nagle ' .
Steel Company
Steel Plates and Sheets
Pottslown, Pa.
BUSINESS NOTES
GOSSIP lOF THE STREET
Chas. J. Webb & Cdi
Wool
and Cotton Yarns
116 Chestnut St, Philadelphia, Fa.
FRANK A. HOPPE
Manufacturer of
ftrFLK CLEANINC1 C0MP0CND3
Nitro Powder Solvent No. 9
.2314 North Eighth Street
PHILADELPHIA
Cctumonwealth Casualty Company
FhlUdelnhlu's Oldest Casualty Company
llullt on
Clon Conservative Compctal
Buslne.. Methods
ACCfDENT, HKAI.T1I, AtTTOMOBrUt,
VKAMH. LIABILITY INSURANCE
Ask Tour Broker for Our nates or
Phono Lombard 357S
l.eadlnr Filipinos wish to tttttt
closer business relations with America,
and they seek a definition of the future
statu of tho islands. A miction Of
twenty-two prominent Filipino govern,
mental and business men, to no headed
by Ilafael Pnlm, Secretary of the In
terior, will leavo for Washington at the
end of February.
One of the largett manufacturers of
shirts and collars at Troy, N. Y., an
nounces a reduction of from 11.50 to
83.50 oft shirts for the spring trade. A
circular explains that the reduction Is
on garmehts made of the cheaper grades
of fabric. On better grades the ten
dency Is upward.
Accenting to prediction made at
rittsburgli at a special meeting of the
.-ationni vehicle implement Association,
farm Implements and agricultural ve
hicles will bo cheaper In tho Immediate
future. ,
At the opening aeaslort of the annual
contention of tho National Brick Manu
facturers' Association at Pittsburgh
lending delegates predicted an era. of
great prosperity for the brick Industry
In America. Itecenstrucllon and read
justment of war-torn Kuropo was tho
Kr.Miotc of tho Initial session.
The lead market continues dull but
the tone Is stead-. Tho Inquiry Is fair.
The price of the principal producers la
unchanged at 6'lc New York, as was
that of tho Independents, af Cc.
A delegation of prominent Canadian
business men Is now In nnglanfl en
deavoring to obtain $100,000,000 worth
ot orders to keep Canadian factories,
which formerly marin munitions, from
closing down. Preliminary reports In-
aicaio that they will no successiui, as
there Is a dearth of manufactured goods
In Eneland. from mot hangers to auto
mobiles. Low-priced furniture also is
scarce.
Yfat-ee heretofore baaed on twenty-lx
cent-copper will bo reduced twenty-rive
cents per dav for each two-cents reduc
tion In the price of copper down to
eighteen cents, which for tho present wMII
bo the minimum price for the purpose of
determining wages. The minimum of
eighteen cents Is, however, without com
mitment as to,tMme. This conforms to
the sliding Bcale In effect before the war
with the exception of an additional fifty
centrf a day added as bonus to wages
Rt tho time tho war Industries board
fixed metal prices, which bonus Is al
lowed to remain In scale.
Through diplomatic arrangements the
Swiss Government has been allowed a
definite cargo space for shipment of sur
plus of all character from tho United
States to Switzerland. The amount of
cargo space allowed. It Is said, Is a
confidential matter. Space for 20,000
hales of cotton has been designated by
the Swiss legation for transportation
during tho month. Other commodities
needed by Switzerland, It Is said, will
also no carrica on snips auoueu 10 ino
Swiss.
There ! little activity In the mar
ket for spelter. There Is virtually no
consuming demand, cut the ract tnat
tnero prevails a leenng mat prices may
have a temporary upward reaction served
to create Interest In speculative quar
ters. Prompt was available at 6.20 fi)
6.25c East St. Louis. Futures were neg
lected, consumers being unwilling to
buy ahead and producers being reluctant
to sen.
The Commercial Bulletin tomorrow
will mv: "The opening sale of the
.government wool auctions this week was
auecien oy mo mrmo ul mo ui,cihivcd
In Lawrence, and prices ruled barely
above the government withdrawal limits
with withdrawals totaling about 60 per
cent. Tho tone of tho second day's
sale was better. Foreign markets are
virtually unchanged.
BANKERS ASKING WHAT U. S. STEEL
. WILL DO WITH ITS BIG SURPLUS
C. JESNIG
. Precision Machinist
716 Sansom Street
Philadelphia
?...... W . r- . 4 j-.
Hotweld Manufacturing jo.
"Mat" Hammocks
Couch Hammocks
"Delfeld Quality" Turkish
Towels and Bath Mate
aUletbeny Arc,. Ninth and Tenth 0U..
rhlladelphla. t'a. .
N. Z. GRAVES
Incorporated
22 and 24 South Third Street
rhlladelphla
The Home of Specialties" la Faints aai
Varnishes
CForposely Made for Every Porpois"
PAINTS & VARNISHES
1 Once Used Always Preferred
Engineers Fabricators
Erectors
STRUCTURAL STEEL
For alt Building Purposes
Bethlehem Construction Co.
BETHLEHEM, PA.
.Southwark. Foundry &
Machine Company
Manufacturers ot
Hydraulic and Power Tools
400 WASHINGTON AVENDB
WALKER & KEPLER
'EVERYTHING
,V1 - RI.ET.TRir.AI.
K ' 631 CHESTNUT STREET
V. Philadelphia. F
KEYSTONE COAL & WOOD CO.
f PILING
MINE PROPS
CORDWOOD
' FRONT and BERKS STS.
rhlladelphla. Fa.
BEAUMONT
Coal and Ash Conveyors
for Savins Labor '
at Boiler Houses
370 Arch St., Phila.
Henry A. Hitner's Sons Co.
IRON, STEEL
AND METALS
GAUL & HAZZARD STS.
Fhlladelphla. ra.
D. W. HUGHES & CO.
1SZS Beat Katate'Trnst Bolldlag
Philadelphia
"WOODLAND"
BITUMINOUS COAL
Beat (or steaming and forte asss.
In ear lata oab.
Manufacturers of
Airplane Engines
Special Machine) Work
STATIC MOTOR CO.
1135 So..BBth St
X - ' '
m m a i
r v aVaraBBBBBar..
S .BBBBBT 'BBV' I
. t'T
ttlllUt
cvnir'nT i
ta rh at.. PUIa ra
Huplt : FalkWt -MWSI
i;
American Dredging Co.
liter & Harbor ImproTemeata
SOS Chsstani Btrt
fhUadelofeia
bELAWARE
JDfcEDGING CO.;
O. W. KETCHAM
Manufacturer of
Architectural Terra Cotta,
Bricks, Hollow Tile, etc.
TAUBEL BROTHERS
HOSIERY
MANUFACTURERS
Cedar it Huntingdon Ste.
PaUadstaUa. Fa. Ktw Terfc
STATE FUNDS GROW
CLYDE S. -ADAMS
ARCHITECT and ENQIKEEK
IMS Arch Street. FbllaSsbU .
lil.pbonesi Baca lit. Sprat till
New York Shipbidldinf
Corporation
Canden, New Jersey
ph. ward thai launotltd the TUOk-
.aboa In ST day wanta gome ewo
rotn for varloug gspartraaots.
Vo not apply u jrwu i y ww-
tworlnar?or any rMmM.
Baa rewaasntsUv at U-vi
a l'li..iil.l 1MVB Pill! IBBBr. BBLBBBBBB
IftVTa.T?' 'a
General Fund Shows Total of 16,2 15,633
on Hand January 31
Harrtbnrg, Feb. 7. The statement of
the Treasury Department oLthe amount
of general funds of the Commonwealth
of Pennsylvania shows the total on hand
Januagy 31, 1919, exclusive ot monejs
appropriated to the sinking fund, to be
J6,2,6S3 aa against 93,598,787 Janu
ary 31, 1918.
Jt 4h lAl.l .M.tle r,f 1 K AST
Philadelphia Institutions hold J430.285,
as against S461.BS7 January 31, 1918.
The following table shone the amount
of general funds on deposit In Phila
delphia institutions:
Aldlne Trust, 812,000; American Bank
312,000 : BanK or commerce, izv.ouo:
Bank of North America, $16,000; Bank
of ICast Falls, 14000; Central Nstlonal
Bank. 111,000; Columbia .Avenue Trust.
816,000: Continental-Equitable Title and
Trust $34,000; Corn Exchange. $3634;
Drovers and Merchants'. Bank, .$30,000:
Franklin Trust, izb.wu; revrai -rrusi,
$40001 Frankford Trust, $4030: Ouar
anty Trust and Safe Deposit, $16,000;
Logan Trust, $30,000; Middle City, $60.-
00: National uanK ot uer.maniown,
$20,000 : Pennsylvania Company Insur
ance, $40,000; Quaker City NatlonnI
Bank. $38,632 : BoutW Philadelphia Bank,
linnn, Ritntnd Natluial Bank. $4000:
Third National. $20,000: Tenth. $10,000:
Wayne Junction Trust, $16,000; Total
4$0.$$6. .... .
Tne amount or nmKing iunas oi ino
Stat on deposit January 31, 1919, to
tals $461, no, of which Plilladelphla In
stitutions ljold $2I,(T0t, distributed as
Quaker City National Bank,'$25,000.
Philadelphia Institutions also hold the
following deposits: ......
Game protection and prttpfgatlon fund
4-Franklln Trust. $40,000.
Motor Fund Bank of Commerce, $25.
000; North Penn Bank, $2B,00O: Corn
Exchange National Bank. $166,403 ;
Quaker Cltv National Bank1- $:2t,:23;
Total $437,633.
Funds for payment of bounties Third
National Bank; $60,000.
Treaiury Certificate! Oversabisribed
4BulaorlpUona to. tho fifth Iseue; or
Philadelphia Marltcls
Federal, Tax Appropriations by. Corporation for Two
Years About Equal Common Stock Issue,
i r Gossip of the Street
Tlli:un was more than usual Interest recorded In flnanclut circles
LHicruay over ino puDiicadou in ino wan aircci journal ui . oi.iv
ment showing that Steel's surplus In the war period was equal to $77.61
a share and that the Federal tax appropriations by tho corporation for
two years were $507,754,230, virtually equal to tho common stock Issue.
It further stated that tho war levies for 1917 were overestimated and
the same condition Is likely to be found In regard to 1918.
x One well-known broker when ho read the statement In- full remarked,
"Who could be anything else than r bull' on Steel In particular and on
this country In scneral7-
Thero was some discussion ns to what the corporation would do with
its enormous surplus. Ono banker said ho would not bo surprised to
see them rctlro the sinking fund bonds. In tho agreement or morlRage
oacK of these bonds tho usual alternative of permitting the issuing cor
poration to go into the open market and bid for these bondi for tho
sinking fund Is omitted and tho corporation Is compelled to call them
at .110. For that reason, he1 said, he bcllecd that It Is quite possible
tho surplus may be applied in that way.
Failure to Pass Enabling Act Retards Business
The conversation jostorday In ono of tho largo Investment houses
turned to how failure by Congress to pass tho enabling act to recoup
manufacturers for cancelled war contracts wis retarding tho business
of tho country, when ono of those present said he had an Intimato friend
who was entitled to receive $600,000 when the bill was passed and had
to close down. His eapltnl. ho said, was' only $60,000, and he found It
lmposslblo to go nhcad until tho government paid Its debts, and ho re
marked there were many concerns all over the country In the tame posi
tion while Congress argueiovcr tho problem of unemployment.
In speaking of some members of Congress ho branched off Into a
story of how ho used tq train mules in Nebraska, some of which ho found
. really intelligent.
Another-man said we need not expect anything approaching normal
times, nor can wo expect any reduction In wagos, until tho government
takes its .loss on wheat and makes the wheat market nn open one, sub
4pet to competition, which will soon regulate prices In a normal manner.
The government will havo to tako this loss sooner' or later, ho argued,
an& why not meet tho issue at onco in tho effort to get business back
to tho normal as quickly as possible?
Copper Companies Have Piled up Big Surpluses
Speaking of Smelters yesterday, a well-known broker said he gao
very little Attention to many ot tho published statements about the
company.
Thero Is -not one of these copper companies 'that has not piled up
a big surplus during the war, ho said. Yesterday at least ono big i-alo
ot tho metal was made at a little more than eighteen cents, and as wages
t in tho mines are fixed on a. sliding scale, tho miners accepted a reduc
tion In their dally wage of twenty-five cents for each reduction of one
cent in tho price of tho metal. As these sales at eighteen cents have
established the price, it means a cut of $2 per day-In wages, -wljlch is
quite an item in tho cost, he remarked.
Continuing, he said thero isn't a plumber or plumbers' supply house
in tho country whoso stock on hand amounts to anything. Their shelves
havo been stripped bare, and they did not renew their stocks so long as
the metal price was fixed at twenty-six cents. Now they will be coming
Into the market and will order right and left. And in addition, tho needs
of the electric development concerns will be enormous, lie said ho could
see nothing ahead to Interfere with a steady rise in the copper stocks
as soon as business begins to get its swing.
"Victory" Loan Absorbing Much Thought
The Victory Loan continues to absorb a good deal of thtfGght and
speculation in the financial district. John II. Mason, director ot the
war-loan organization, when speaking on tho subject j,cstcrday, said that
as far as he knew no chango In tho time when the campaign would
begin was under consideration. He believes that the numb;r of Individual
subscribers to the "Victory" Loan will exceed tho number that 'subscribed
to tho fourth Liberty Loan. He also believes the people should begin
saving now toward buying tho "Victory" Bonds. f
Mr. Mason advanced an Idea In this connection which,' while not
new, is generally overlooked by tho majority of tho people, namely, that
saving la tho most Judicious form of spending. Tcoplo think, ho said, if
they put away a certain sum occasionally to buy bonds and ihelp thctr
govcrnment out that they aro making a sacrifice, when they arc doing
nothing of tho kind. They are (.Imply laying up against a day when they
will need that money for a much more important' purpose than the
Immediate want which they would havo satisfied and which nine times
out of ten could be shown afterward as unnecessary. '
Tho savings banks, the Insuranco companies, In fact, all tho insti
tutions of that description, ho tald, are a living reminder that saving
Is the most Judicious spending. Thcso Institutions take tho peoplo's
savings and are continually spending them, as they Invest them In rail
road and other similar 'securities, while tho actual cash goes to pur
chase rails and cars and locomotives and, in fact, keep the wheels of
commerce in motion.
Mr. Mason Is most optimistic over the success of 'the "Victory" Loan.
He lias no patience with those who say It will not appeal to the pooplo
now that the war Is over. "Aro tho American pcoplo more lacking In
public spirit," ho asked, 'than tho English or French? No 6no can
make mo think they arc. "
"Look at the last British loan, floated after tho war was over," he
continued, "tho biggest and most successful they havo had. Look at
the last French loan, floated in February, and consider tho condition of
tho French peoplo at tho time, and see what a success It was. When
tho time comes Americans will tako tho 'Victory' Loan with tho same
spirit of enthusiasm with which our boys won the war when they got
into it."
CHAIN AND FLOUn
WHEAT n.rlni. e-'.io huhlf. The
m.rk.t ruW Arm 'Quotations folly . ".'
u.. in rpori fixator. gornii"-..v -.
ir.?.,nrc1""1 stsnilard price" No;- rS,1
r."":r. J5.31M No. J, north. eprlns .-'
No I ham wlntrr. II 89! No. 1, t' 'n '",
"rllrVy, ,j.3T, N.0', red. smutty. Ifs'
No a. r.d lnlr. t'j.31: No. . "'.,
"Fflne. ?.3. No.' I. hard wlnt.r 2.30,
No. L. r.H .,..,.. 1..1I..W. t2.34l NO. it
red. .mutty, $3 33.' No. 3. red, rV3'"4 r,'.VJ
i'"i u. nnnnarn ian. hb1 i - ni a'w -".....
anelna
KJV-rv.,s-B2l No. 3 red wn"ri, ',,
52-"!. "i. i-. $. ' vsfsz- Is:?.! 8?.
5iv.'Jnult'- -'-3l No. B. sarllckr. smutty.
, COrtN There were no rer W "'' iji
tually no demand and the market "om,
Inal ive quote jellow In car lota for local
trade, a to quality and location, at ii.asu
l,4.t per niiehct. . . ... -.,,.
OATS necelnta, 23.SSS, hu"h',,Tli;
market a quiet, but eteady, wllh c"in"
only moderate. We quote! Car lot. " '"
location No 2 white. TffHe: tpl"rd
while, fli)HelTc! No. 8 mhltc. 66'4 it OiVi
Kmim rterelpt.. ROO harrela "d Mt.-P.
pound. In nack.. Trade was lo , h it in 111
limit, were Heartily held , The ly""'"
aro the quotation.! To arrlje per ll 1 J
In 140-round Jule cka Winter. KtralBlit.
eiern, tinsuwin.BO! do. n-arby lOoOW
10i Kane, elrataht. in r.oOlO.TJi do hort
patent. $t0.-Tll.S0i rrln.. ,"'":!, -v-1 fn!'
Iin ;,-,( It. do r-atent. Jlo.riSJIO...i. do.
flr.l clear. i 25WB 10. .......
Rin j'LOim .old ioir at for,n,rr .r"'i.
We quote at 7.7tlfl'8.0 per barrel. In aacki.
as to quaiuv.
PROVISIONS
League Will Lack Power
to Ward Off Hostilities
Must Rely Upon World Opinion Strong
Enough to Call for Delay During Inves-
tigatioji, Under Present Proposals
By CLINTON W. GILBERT
Staff Correspondent of the r.renlnc Pulille Ledger
With the I'enre Delegation In Uurope
' By Wirelett
Corrrltht, 1010. bv tho rubllo Ledger Company
fair
the
Tho market ruled ete-dv with a,
jocninr trade. rne num, "i,1,,. and
quotation.: City heef. in eete. smoked .a no
alr-drled. 47ci w.tern beef. In etm. .mo xea.
47c. cltv or we. tern re inuckles nd "
rter.. .mnked and alr-drled. ,48c! i heet ham.
IHO: Dork, rami y. !Wf'3. ham... ?
,...-J ,... nlz mA.-' rin .Kinnen. ,," r-
mentfons threats vt resistance Totally &
' .
t -. i
rl.lnn. n,4-A...h a .1.... I.....,. I.J i
special commission, working on the! so V i
Ji.l 1
Paris, Feb. 7. Tho league of na
tions plan is onc-tliird finished.
It is certain no compulsory nrbi
tration is desired by tho representa
tives of President Wilson.
The American and British posi
tions virtually coincide, tho Ameri
cans taking tho position that com
pulsory arbitration is impossible un
der our constitution. The most ad
vanced position is held by the
French bourgeois, who arc insisting
on compulsory arbitration and do-
nvj wane; do do. amoKcn, .,- ;;- . ,. , iiuiiiuiii some wuy ui iircvcnmic
hain. .mnked. city cured. '" V'"?,.,? !
.er.se 17'A 3Sc! ham;. me.l western
cured. ,17','Sei do boiled. bnneleMMc. ,-,.,.,,,,
rlcnlo .houlder;. 6. P. ciftel. loose .nj j,0 Amcncans and British hold
do. .moked. 28HC! bellle.. WW,1'; break. ., . . ,,, .,, ,
.12c: hreakU.t b.ron. city cured. 4.P. oreaa t f COIT1pcl nK th S
rBa,r l.nnnn ta as Urn fiirrrl. 4J(,I IHrU. "Tf r "
t imron. U4fii4rn ciirrn, -- . : -'i.-.n.
rn runner! S4 tfSfici Urd. pure tu. 5'
rendered. 24'i 13P 2rc. t
REFINED SUGARS
Trade was nulet, hut rrlc-s . "
held on n baaln of Pc lor Ann granulated.
DAIRY PRODUCTS
rtlRHSB There llttlo trdlr. nd
the market n unchansed. Juotatlona w
York hole-mllk. fancy, held. MOBBjiC.
.pedals higher: do. do. fair to a-oM held.
:iSlra5'4c- New Tork. whole-milk, lurreni
inake, beat here. SJ033ji Wl-con.ln ; whole
milk fancy. 38C3'4c: do. do. fair to sood,
35SPS.''4C. ' . . ,
RltTTEn Value, irere "teadl y maim. in
ea at the
packed c
.r-orlnfr a:ood
e late advance. QuotaUona. Poun.
creamcrv. entras. 4'ic: ..n,n"
5I;j Vftii wr.oii.-, ,h. latter for
eronna- uoou., ""7. w ... . v . -.- - - -.,M
jobbing .a e.! extra nr.i.. " " ; 'i' ";
444Bc. .econds. 4tr4Sc! fancy brands jt
"rlnls JobblnS. i5S7c; fair to good, 4S
trrent r-fiii-",
$14.11), Drat..
ulhcrn flj'.'-'l1
i Jobbing. .-
on.,
IMCiS The market ruled flrnn i nt the
late ..h.nce Hhomand abaorbliij the
n'SlVK n"r .4.10 atWr'ccVrent re,e,r,.a
st:t m. HMtrrn extra nntis
en sJt l.r..lA. Intel Inuep) ftrtll
' in nn , iiiiriiui ii" " "- - - --.-. .
Aiaftfc delected candlrd es Jobbl
otc dozen.
TOULTRY
l.TVB The market ruled. Arm with de.
mand readily abcorblnetlie limited receipts
nt de.lrabl. etock. The following were
the quotallons: Fouls, la Pr'""' ;;
6e . exceptional lola hlaher- do; via
freight. 3333oe. nrolllng chickens, ,nnry.
soft-meatcl. weighing I4! Iba. apiece,
42M4SC Spring chickens. .oft-meatca,
larger. 34S33C exceptional lots higher
Sl.ggy joung roo.tera, 2I2Rc. Ola roos
tera. 211122c. Duck., rektn. 40(5 42c! do,
Indian Hunn.r. 389c. (letae. 3U(3Jc.
(lulncaa. young, per pair Weighing Ufi
ti.. .ni.. ti int.nn- .mailer ales. Ht,
1?J1 Oulneaa. old. per pair. U0;$1
rigeons. old, per pair. 40843ci do, young,
per pilr. 31 (J 40c.
DnrSSCD POULTItr Value, were well
sustained under moderate offerings ana
a fair demand. The quotations- Turkejs,
nearby, fancy. 44M5c; do. western fancy
436 44c do, do fair to good. 342c! do,
do, com.non, snoaisc-, do. old torn., il'W.i"''
do, old hena. S4te. Fowls. fri.h-klll,a
In boxes, weighing fft Iba. and oier apiece
,1l'4jCi weighing 4 lbs apiece. 31c! .mailer
sixes. 2S4J.12C! fresh-killed fowl., In bole .
fancy, dry-picked, eeleeted M'-ic: 'l,hlni
4S lbs. and mrr apiece. C! weighing 4
lbs arlece. 31c! small sixes, 2o.lnc; old
roosters, dry-picked, 27c: roasting cmckens,
western, drv.pltk.d. in box, irelghlng 5 lbs
I'B.
and it is generally opposed by the
Powers.
If the Powers ngrce to exert eco
nomic pressure on the Tower wish
ing to make war Jhe league "will
have no way of enforcing such an
agreement.
All it is proposed to do in the
case of threatened hostilities is to
investigate and make a report and
trust to the influence of public opin
ion to stop any resort to arms, but
even here the league will have no
power to compel the nations contem
plating war to desist, except by
virtue of opinion strong enough to
call for delay.
During investigation the league
will be ineffective In preventing war
except probably among small Pow
ers. The British and American po
sition on this issue is almost certain
to prevail.
Tho commission, working day and
night, expects to complete an out
line of the league acceptable to all
nations by tho middle of next week,
before President Wilson's return to
America.
ALLIES THINK U. S. SHOULD GIVE
CREDIT TO RESTORE EUROPE
Continued from Tage One
commerce, and can't permit it to
go on.
This is a curious condition of in
ternational paralysis, which slowly
is curing itself, but may involve
serious symptoms before it entirely
disappears.
The reparation commission really
is deciding what credit tho Allies
may have in Germany. That task is
enormous, and it will tako three
months and then involve a big
aplere, W
apiece 14c
weighing- 3V lbs. apiece 33ci weighing J
weighing 4 lb
.1 lbs. apiece, 32c; staggy.
BUSINESS CAREER
OF PETER FLINT
A Story of Salesmanship by
Harold Whitehead
, Copyright
27C3nc: roasting
chlrkrn.. western, in bbl... weighing 1 ina
and over apiece. 34o waHhlnir 3'4 lbs
apiece. 33c: weighing 2',iB3 Iba. apiece..
300.13c; atagry. 2r92flc; broiling chicken.,
weighing 1H2 lb., apl.ee. 4244c: ducks,
western. 340c: geese, western. ' choice.
jflOSOc: fslr to good 2fl2e; squab., per
dozen white weighing llWISIhs per
doien. JHOS2V white, weighing I) 10. ba
rer doren, J77.r,0, do, do; weighing f lb...
per dozen. IB I) .TO: do. do 7 lb., per doxeii.
M.f.oes. do. do nH4 lb.. ir do.en, 3
fi4: dark, ILSOt? 2.S0: emalf and I No 2.
111)2 M): a-ulneaa, soung. per paMr, I1V1 ,'.
old, 7,-cl
FRESH FRUITS
Choice stock met with fair sale and Values
generally were well maintained. The ouo
tatlone were follows: Mipplcs. New
Tork. per barrel Mm. IB.WR; llajdwln.
I.ies: Northern Spv. mW7i Hubbard.ton 1
HI r.O. Oreenlng. I',7 50. .Apple.. Pennsvl.
anki nd Virginia, per bbl. Den Uavl..
14 7.1'irn! dano. r, M). Wlnesan. 78 So
mas man Wlncs.p, I7 no; Tork Imperial,
74fi Tork Imperial, country choice, K
7: nome Beauty, fancy. 48p. Apple.,
western, per box. 12 J0O4 2S. Lemons, per
box. IJ. Oranges. Florida, per crate,
2 50Jf5: do. California, per box. 2 r.0
0J1.2O. Tangerines, Florida, per strap. 13
B. Grapefruit, per box, 12 fi04 23 Cran
berries, Jersey, per bu.hcl-box. tft.SOOG: do.
do. per barrel Jfi-aso Strawberries. Flor
ida, per qt POcfflJl.IO.
VEGETABLE'S
ftx. m.rLatf wmi ntilpt and there mre fftlrlv
llbrral orfcrlnir nlthln ratlfr of following
auotatfona: White potto, Jeratr, pr 4-
60c Whito polatofs. rnnlana. No. I,
?r 10t IbB. II 60W2.S3., White potttnti,
western. pT U0 lbs . U.8a02; do. New
York, per 100 lbs l.7.Vi!. wec poCii-
1 75 No. 2, tfiTl 2ft. Sweet potatftea. Kaat
crn Shores P" W1 : No. 2.
$2"B0St3 SO iSweet potatoes. Dlawar and
xti.rvt.nri i.nhelhuiiiDera No 1. $2.25
....'. 'a a a rr.'w i i.f i n V. t. .. ia.ina.
! JNO. w. 4 tlin 1 ' UllsV. VstlUBII,
nouinern, per
yenow, per
.QCUU,
2.35; No. 2 el l,w u" aooa
ared. per ton. Jl25. do. oi
hamper. SI.2-1&1 SQ. ,Q"lonr :
100-lb. bae No. 1. tl.2502, No,
RETAIL BUSINESS FALLS OFF
Level of Prices Not Expected to
Decline foryFcw Months
Wa.blngton, Feb. 7. Business condl.
tlons are characterized by slackening of
production, reluctance or commercial
buyers to acquire stocks of goods In
anticipation of, reduction, of prices, and
by only a s'llght falling off of retail busi
ness, says the Federal TUseno Board's
monthly review, maije public today. Tho
board does not attempt to forecast thn
future course of prices, but Federal
Reserve agents In several parts of tho
country predicted that the general level
of prices would not, fall much within the
next few months. Confidence In a healthy
development of the situation -was ex
pressed by the board.
"In somo cases more readjustment
than had been expected has proved to
be necessary," said the relew. "Thero
lias been hesitation In business, hut not
essential loss ft confidence In the futuro
of the general situation. Vast changes
are now occurring In Industry and ex
tcns'.ve readjustments In labor. Slacken
ing In productive effort Is reported from
manufacturing districts, but retail trade
has as yet shown only moderate decllno
and In some c.iscb little or none.
"In the manufacturing field the
change that are taltln? place lire ef
fected primarily by alteration In the
prices' of raw materials ;nd changes In
the direction ot demand. The changes
that havo taken place are. however. Ue-
scribed as being productive of lees dis
turbance man nngnc reasonably nae
been expected, while the tono of the
business community and Itn expectation
of prosperous conditions lo develop In
tne near luiuro i airong.
t RAILROAD EARNINGS
CENTnAI OF OEOnOIA
IBIS Tner....
December gro.s...,. fl,5H,o5 .2ts,iH2
Balance attar taxes,. 46o,34& rif2.3!o
Net oper, IncoV.. 47,IOft 172.i2
13 months' nrosa!..,, SO.rWf.tsZ 4.622.M3
BaUnc after taxis,, fl.Ml.OM Joa.ftsa.
Nat opor. Income.. 8,006,839 '681.3:3
NBW ipXt, ONTARIO AND TVESTE1W
LIVESTOCK QUOTATIONS
Chicago. Feb. 7. HOC1 Receipts, 38.000
head. Market alenaj. ho lower tnan jes
terday s average, vnr ,.i-i, ..". uiuci
too 117.00. Hulk of sales, !7.4017.k1:
butchers. 817 HI IS, llsht. $17.1317.70.
Pkini.' iie.BOn.n throw-out, . lie
i nn. nl. pond In cho re. I14.23d'17.
An. nl. ennil In
PAT-fi.c Receipt.. uOOfl head. Beef and
butcher cattle, steady to c lo.tr: calves,
steady: feeders slow Ueef cattle, good.
choice and prime. U7O20 23; common and
medium. liunonili wuivmi m,, i-una
and heifers. I7.1S.2V. cannera and cutters.
15.8567: ,tocker, ud feeder,, good, choice
and fancy. I11U 30: mrerlor. common and
medium. 18 2.1&11: eal cslici, roodand
choice, lib 23015.73
SIICEP Itecelpts, nofKl head Steady to
lOo lower. , Sheep and j-carllnga .t.ady.
Lambs, choice and prime. 117. 10 17.25:
medium and good, I1S.I0WI7.10: cull..
112 30014.30: ewes, choice and prime. Ill
011.2.11 medium and good, Ji,73irll; culli,
I3.80R8.
Pittsburgh, Pa.. Feb 7 - HOGS Hecelpta.
1300 head. Aclle leale. and heavy
yorkeri! J18 3018,0, light j-orkers. 1IS.25
SHB.KPPAND LAl'l3S IlecelPta. 600 head.
Steady. Top sheep. 112.00. top lambs,
CALVES Receipts, BO head
f
118.
Active. Top,
.!
r.a.t Buffalo,.
N. V.. Teb 7. CATTLE.
n.celpta. 800 head. Strong calve.,
..int. anft h.rtt SI hleher. s.18Tl.
IinlH neeeiDtr. 3200 head. Pita, 23c
higher: other, iteady: heai mixed and
18.30: plga, llRlU.iJ: throwouta. 81261111
slags IlUlflii: LanAUI.iis mm avair,.,
,b a
P1IEBP AND t.AMBS Itecelpts. 0200
held. Lambs. 33c Inner. Lambs. IllU
17,401 others unchanged.
St.
Iula. lo.. Feb. ". HOGS nec.lpts
117,83
11.300 head. Higher. Light,. 117.43ft
17 83: pigs, 112.30t7i huieh.re,
1 -,. ninH h.mv. llS.n.1 18 .10.
CATTL15 Ilecelpla. 18"0 head. Stead
Native steer.. HJ.nOS71S.SO: helfera. 19 50
16! row. IT 6012.fi0i .tocker. and feed
er.. 8012- cahe,, 17.73I3 73,
SHEEP necelpt.. 700 head Strong
Lambs. l10.00; tnn, I8.SO0IO.8O.
Kansas Tltr. Me.. Fob. 7j HOas n.
relpt,. 8500 head. Steady. Heavy, 117.85
17 TO: 'butchers. 8IT.45 0 IT.BOj light,.
118 oeiT.!3: plga. .I:lo.
CATTLK necelpl.. 800 head. Btrong,
Trim ateer,, 118W20: southern eteera, nom
inally. tt13i coa. .7ll heifers, 18
14 80t calve.. I7l4. t .
BHEEP neceiplsj 1200 head . Ktrong.
Lamha. ln.80lfl.r.1l ye.rllr... J1014.BOl
wether,. I0O12.23, ewe,. 18910 60,
"Deid" Soldier Returns
Sralmnoy pHr, r Feb. 7 Under fire
of irujwraaBs for' eight rnontb, t
cccxvi
HOW .quickly one'a Ideas get Jerked
around ! I came back to New York
eager, naturally, to see Bruno Duke and
hear fihat he had to suggest for my
future, , ,
I half expected (why. I don t knowi
lo bo offered a position as traveling
salesman for some large manufacturing
concern If It were the Republic Cutlery
Company, where Francis works, I
would not liavn been surprised
. ,i the nrtnnl thing wai so
'dl'fferent to the antlclp4tcd ono as to
bow iiuer me. , .. ,.
I'll get back to tne beginning, though.
Tho train was late yesterday and It
waB 3 o'clock before wo reached the
Grand Central Station. I phoned Bruno
Duke, but ho was out and not expectcu
'"Then" ""phoned. Francis, who asked
me to have dinner with lita at the
Albatross. Of course. I "tvr "'""
a chance to dine at such a swell place
as tho Albatross, so I said:
"Yep, sure what time.
Having nothing In particular to do
t HroDDed Into a moio w .--.,-of
hour- Then I sat In tho go W room
of tho Albatross till 7"ca!rtub. In
W'o were soon seated at a tame in
a ?oy conier of the ma.r id ItUn. room
"VIZI: t'A- was
in fact l" icpt asking Questions about
n To ".: Peter! Next week I
.. be married to
t w'lll bo hrotnes. --,,
ways te goou t..u. . --.. T .,.
-I'm burowe w..,, . .-.- ..,-.
heartily. Then i bi "
- a. In nil. til Intl.
jcctiorcmuai ."- ,
Whpn ou "!" w
' . . . . tuint uVtmit inc. ulun I
von tolu mm pwiuiit'" -
ou. FranchtT-somcthlng ab out my u-
ture what urunu " --
gest7"
"We Peter.''
,,-, .i. en, what every one says
and the way they act that everybody
knows more about my bus new i than I
do. t felt a dlt peevca n ic "'""""
rv,n. mniten von think bo, Peter?
(Francis asked with a smile.
Well I don't Know- cu".j
but ecrjbody wan congratulating mo
on my success yc gods, some succes.
I don't think: and my future and all
that. Now. jou know, Francis, 1 m no
fit BUbjcct for congratulations. I had
a. real estate business and made a bull
of It. If it hadn't been for Bruno Duke
I'd probably have busted sky high. Now
what la thcie In that tp be so con
founded cheerful about?"
"And yet, Tcter, in spite of jour gen
eral lack of business management, you
had actually built-up a valuable equity,
which Duke secured for jou. You are
really a good salesman and a hard work
er. You are cheerful and willing all
bully good thlngB for the business man.
And, after all, Peter, you snouio. remem
ber that only about two sears ago jou
were a novice In a business and had a
knack of doing ccr thing wrong."
"Am I doing such a whale of a lot
better now ?"
"I should certainly say so You made
a success In the Insurance business. The
only reason you left was througli an
error ot Judgment, and that could have
been ovcrcomo had you not been tro Impetuous.
"Ana, rcter, you must aanui to some
success In the real estato business, for
you have sold out and haio a thou
sand dollars In cash In the bank
there aren't many fellows that can bIiow
such evidence of success at your age.
Now forget your future till you see
Duke all I can say Is that I hopo you
will agreo to his suggestion,"
"What Is ItT For tho love of Mike.
tell ino this thing is getting on my
ncrteat"
"Can't, Peter, but you'll see him later
In tho evening."
Then Francis began to talk about
himself and he told me a wonderful
story of Ills business adventure. Some
day I would ' like to get more ot his
experiences ana make; a. book of them.
I had mora respect and admiration
for him than ever before, i
"I've told you this. Teter because
guess of what is Germany's capacity
to pay twenty years hence, and
probably will bo made in the light
of Germany's own underestimate, in
1871, of Franco's future capacity to
pay.
Baruch United States Estimator.
The chief American estimator will
bo Bernard M. Baruch, and his aides
will bo his old associates on the war
industries board, who are not yet in
France.
One interesting phase of the prob
lem is whether Belgium is entitled
to a priority claim for damages.
Under the international law she
would be, as a treaty was broken" in
her case, and the other nations went
to war voluntarily. It is probable,
however, that the armistice having
been accepted in all places, all the
,nations arc on an equality with re
spect to damages.
And, back of all this lies Amer
ica's own interest in seeing that Eu-
.ropo is kept safe so our own barn
may not-catch fire from tho sparks
from our neighbor's burning barn
and this applies to social as well as
financial dangers.
elety of. nations, plan la not moved by
these rumors, however, and Is going
about Its work "tjutelly but rapidly.
At tho smo time the Rupremo Cpwn
ell. in short, daljy sessions, continues
Its policy at hearing' patiently all claims
and generally referring them to special,
or standing committees for thorough
examination, although this procedure. It
Is understood. Is not entirely agrceabls,
to all tho Powers Interested.
Secret treaties made under the el re sal
of war and which, may be considered,
out of harmony with "tho principle on
which tho noclety of nations is belnsj
organlted hae provoked a great 4'deat
of comment. Tho American delegates.
at least, havo said that such agreements
in ro ur as tney are in conflict wltn the,
principles of a society of nations muss
give way. J
Itu.ilan Problem to Fore
Tho Russian prob'lem again Will tjoms)
to the foro today In connection with the,
acceptance by the Moscow Bolsrievlle
government of the Invitation to the con.
ference on the Prince Islands. In loma
quarters the action of .the Moscow jfov
crnment has beep hailed with satisfac
tion and relief In llew ot tho projiilss
It gives ot an Immediate termlnatlcn 03
Bolshevik attacks on the little .Allied
army In the Archangel sector.
Small crow'ds are beginning to aasera
ble around the- Foreign Office, where ths '
Supreme Council meets, but they-tf not
disturb the members.
Experienced diplomats say tha'rhat
surprlses them Is that the proceedings
have been so remarkably harmonjoiis In
view of tho multiplicity and the Com
plexity of questions. "2 ,,
France .Uphold, I'.mbargo jjl
Captain Tardleu, In epeaklpg e;fi thi
proposal to lift the embargo against
Germany, said In an Interview: r
"Franco is opposed to the ralslnar of
the blockade on raw materials ackinst
Germany until her damago to French,
Industries has been made good. 'Ger
many was responsible for the destruc
tion of one-thlrd of tho factories of
France, and. If allowed to resume' pro
duction with equal facilities, It will ba
a serious economic handicap for us."
Captain Tardleu, expressed the belief
that the Allies would not disagree with,
the contention of France. He added,
that tho blockade committee advocates)
tho raising of the raw materlalj.em
bargo against neutrals at tho earliest.
possible date, with ino understanding
that materials aro not to bo reshrpped
to Germany. '
Tho Supremo War -Council will meet
at Versailles today to take measures to
Impose on Germany "ine iuh winor me
Allies." w,i'S the" Mathf. because- o the
unwillingness ot Germany to carry, out
tho armistice terms, except underjeer- j
tain conditions. '
Tho meeting will decide tho ques
tion as to tho strength of the forces
to be maintained In tho oervlce by th
different entente armies.
JAPAN COERCES CHINA
IN PARIS, SAYS REPORT
FeUIn, Feb, 7. (By A. P.) Attempt
are being made by the Japanese to In
duce tl)e unmesre uoveriiurciii m u,r-
.f
t irJJfV
..
S.
i r
V
11
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!)
12
vJ
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twl
va
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rh
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i
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:
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.,.- .l.... a. lo rt1C.A. at th. . '..
avow- nm utiiuu i.i. v... -.... ... . ...
Peace Conference, for the reason that' 'v4
they are embarrassing japan seriously,
according to semiofficial Chinese sources
Thin development has caused depres
sion over the situation In government,
circles, which previously had been Jubl
Innt over the strong stand taken by the
Chinese In relation to the Japanese,
claims. Tills depression Is Intensified
by tho fact that tho government Is hard
pressed for money and may yield. It la
said, to the Japanere wishes In order
to obtain tho needed funds.
'ft I
fi
m
I
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.&
l m.. ft T T-l. r-kl
n wi M0n . . , nv j. , . , nit, 1.1U .
.- - -- - - " -' .i--. ll'Mf,
ncse delegation to tne a-eac uopiernc ! -.,
nas been auviaeu iruu. rcr.,u, ui. m.
Japanese complaint regarding the actm
iles of the Chinese delegates here. 4
Half of League'
Plans Are Covered
Continued from Page One
allty enunciated by President Wilson
should leave the Arabs to govern Arabia,
vi Ith possibly some mandatory to develop
Intercourse with the outside world.
The Prince Is said to have adVocuted
Great Britain as the mandatory for
Arabia. Tills has aroused sharp criticism
from French newspapers owing to the
French Interests In Syria. The semi
ofllClal Temps declared today that the
Prince had received large British sub
ventions and altcd In an editorial:
"Has the Prlnco who addresses tho
great Powers today homo particular ob
ligations toward some of his hearers"
Present nan. for Tribunal
The number of territorial conflicts now
making their appearance in Pcaco Con
ference circles. It Is sa,d In some quar
ters, li attributable to the prospects ot
an early realization of a sqclety ot na
tions plan which will involve tho ex
amination of all buch claims by a legal
trlbupai of the society for adjudication
with duo regard to the wishes and wel
fare of the Inhabitants of the districts
In dispute.
It Is thought that tome o; the Powers
whose titles to territories In conflict rest
on ancient historical ties would prefer
to commit the Peaco Conference to tholr
support In advance of the adoption of
tho.jioclety of nations plan. If they could
do this they would avoid a conflict be
tween their claims and the principles
which may be laid down In the society ot I
nations,
The community of Interest ot some na.
tlons in certain questions had led to
hints of co-operation anong those na
tions to make up a majority in the con
ference. Gossip In tho corridors even
?
Establlahed 1801
Pattern anMaLr f
Wood patterns vfor all pnrpos
GEO. A. GTJMPHERT
240-243 Cherry St. c
J
WANTED
Warehouse, space 20.00Q to 23,000
square feet, on railroad siding,
preferably on one floor with ele
vator service. State full particu
lars. P 2.V5, Ledger Office. '
"
f IP
i.:t
'
u
i,
Northern Engineering Co., inc.
' lie NORTH DELAWARE AVE.
Both Phone,
If electrical, consult us. Tt.eatr
Inx and Installation, of all kind,.
Hp.clall.ta In power and Industrial
engineering
Copy-Writer and
Idea Man ,
Wanted
For sales promotion work with
large Philadelphia Institution.
Excellent opportunity for am
bitious, brainy young man with
several years -practical agency or
newspaper experience. Write. In
confidence, stating salary desired,
for Interview. Box A 211, Ledger
Office.
" wM
t,V.
."4
. J
Big Reduction
in the price of our :
clean, fresh mined V
COAL
This is, the same Iiehigh Coal that
our Customers have always received. ,w
Pea Coal . . . $9.05 Egg Coal $10.30;
Chestnut . . . $10.65 Stove $10.55
Chitted In
CREAN BROS.
18th & Oregon Ave. 2nd fe HtttwctiW
50th & Warrington Ave. 4 M12N. fed St. -
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