Evening public ledger. (Philadelphia [Pa.]) 1914-1942, June 23, 1919, Night Extra Financial, Page 3, Image 3

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EVENING PUBLIC LEDGER PHIIiADBLPHlA.V MONDAY, JUNE 23, 11)19'
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WSl''fiW:! (.!" " l-t-P''.
9
w yv i
r T?Ts C
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5T"DTTSTTn
K FIREMEN EVERY TEN FEET
Carelessness or
indifference
Nearly all of America's 1500 fires a
day are reported due to carelessness.
GLOBEAutomaticSprinklersfurnish
absolute protection against all fires.
Thit ioma property owneti WON'T In
tall GLOBE Sprinklers la not cirelesl
ntta. but INDIFFERENCE and that',
worie.
GLOBE AUTOMATIC SPRINKLER CO.
2035 Waihlncton Ave. Dickinson 331
Th1ole Manulaclurlnr Co 'I I lant it Memphis.
Tenn , I, protected by GLOBU Spilnklen.
i TIT1 iTlM"ii'"'rffT:J "a jjM1
.BUREAU URGES CITY
TDBUYU.S.BONDS
Research Bureau Urges Pur
, chase of U. S. Bonds.
Rate 4y2 Per Cent
PRESENT INTEREST IS 2'2
Poland Spring House
with the largest booking
in its history
NOW OPEN
Leads nil Now England resorts
In date of opening and in, service
and appointments.
The Celebrated
Poland Water
Served Free to All
Tor Information or descrlptlre book
addrrun
HIRAM RICKER & SONS
South Poland, Ale.
or
Poland Spring Company
1180 llrmulnn), New York
Telephone Madison Square 4743.
GOVERNOR TO IKE
TENTH
1 PROBE
large balance must be malntnlncd at all
times.
Interest Flcd by Councils
The interest rutp puld by banks on
rlty deposits is fixed by ordinance) of
Councils. For n long time the interest
rate was 2 per cent. Then Mi of one
per rent was ndded to the rate.
Some bankers bold that the benefits
the city would derive from nn invest
ment of its idle funds would not com
pensate sufficiently for the possible risk
the citj would assume.
WAR'S VICTORS DEPRESSED
Tho city has millions of dollars lying
- in banks and trust companies earning
2'& per cent interest, while on n largo
portion of that sum, obtained through
bond issues, the city itself is paying
"46 per cent.
By judicious investment of a share
of the funds lying in inactive accounts,
it Is estimated, the city could add from
$100,000 to $200,000 to its annual
revenue, money that could be spent on
greatly needed street repairs or other
improvements.
Two hundred thousand dollars would
be almost enough to maintain the regis
ter of wills' office and the district at
torney's office nnd would be nearly
sufficient to maintain the sheriff's office.
Thp eitv treasurer's statement for
the week endipg last Thursdav showed
the citj's balance, not including the
,sinking fund account, to be $10,1.10,
121.14. The funds in the city's inac
ive account are distributed among forty
three national banks and fifty-five trust
companies.
Councils Authorized Investment
Councils. Inst year, passed an orilln-
....... ni(tmifinr. I h n .nvnclmpn. nf lis
'Hi iiuiiipiibiii. ...v ... . .....--. - --
innli of the city's monSi.ns could be
I. .nftOy spared in government certificates
"f indebtedness. These certificates pay
-'I.', per cent interest, and can be con
verted into cash nlmost on demand.
' Despite this authorization, Controller
" n'ton took no action toward reduc-
'tig the citj's huge balance, and so pine-
'iig it that u lurger interest vlcm could
fe obtained in a safe government in
vestment. Investment of a large proportion of
I' the citj's balance has been urged in
j ir bulletin issued by the I'.ureau of Mu
nicipal itesearcn.
"The Major, the city treasurer
and the city controller," the bulletin
asserted, "comprise a committee which
was authorized by an ordinance spon
sored by the chairman of the finance
committee, unanimously adopted by
Councils and approved April 30, 1018,
to invest as much of the city's money
as could be safely spared in certificates
of indebtedness of the United States
Government.
Could, Keep Million Balance
"These certificates pay 4V4 per cent
interest. They are the safest of all in
vestments. They can be converted into
cash virtually on demand, without loss
of either principal or interest. The city
controller knows, or ought to know, the
weekly disbursement neons of the city
for three months in advance. To be
thoroughly conservative there would be
no objection to keeping a cash balance
of a million dollars."
Big Balance Needed, Sajs Walton
Controller Walton today contended
that it was absolutely necessary for the
city to maintain a large bank balance.
"Demands are coming in on the city
all the time," he explained, "and it -Is
necessary to have the funds available
to meet them."
Asked if these demands on the city's
money could not bo anticipated and
provided for, he replied that they could
not to any accurate degree.
laf Tlie citj s oaiance, no explained,
I Baaliul fair... .. 1.1.1. In .( IUiI.1 r .1 . ..1 la.
,u.ica null, hcvr iu "a.n, taiii. ucrni,
expenditures often far exceed weekly rc--"
,-... flM.- ....... .1. ... 1. . ..!.! .1.,
'Ve.l.N. 1 IIU ItaUiL I--, 11U DUI1I, lUlll U
Germany Not Only Nation Affected,
Says Mlddlebury Head
Mlddlebury. V-., June 2. (By A.
P".) Conditions which the American
Relief Administration found in de
feated Germany irresponsibiltiy to so
ciety, n lost instinct for industry and
a general psychological depression also
prevail to some extent among the vic
torious nations, President John 51.
Thomas, of Mlddlebury College, de
clared in his baccalaureate address yes
terday, lie made a pica for faith, sav
ing: "Things have not been administered
by chance these recent years. The
creed of the jungle has been discredited.
The way to power nnd honor is not by
force of engines of destruction nnil
ruthless cruelty in their use. In the
light of tho qualities which American
manhood has dlsplnycd, it is a shame
even to raise the question thnt such
manhood may flinch nnd fail before the
problems and difficulties uhead."
ATTEMPT T0R0b1aNK
Auto Bandits Flee In Gloucester
When Police Surprise Them
Two masked men, believed to be
using an automobile stolen from William
Willcts, of AVoodbury, made an at
tempt to rob the Gloucester City Trust
Company early today. They escaped in
the car after their attempt had been
frustrated by three patrolmen.
The machine was later found in n
vv recked condition at Monmouth nnd
Brown streets, Gloucester.
The Willets car was taken last night
from in front nf the owner's home.
King nnd Market streets, nnd a short
time later Tatrolmcn Lincoln, Smith
nnd Jennings surprised two masked men
at the bank, one of, them guarding the
door while the other had managed "to
enter the building. As the police np
proached the men fled, jumping into a
car which was standing at the curb In
front of the bank.
This morning the automobile was
found in a wrecked condition, having
run into n telegraph pole and skidded
half way across the pavement.
Held for Auto Death
Frank Devine, of C.OSO Hnverford
.... n.l'f1 Tps.prHnr nnd hplrl
nrenu.-. ..- .......... ,- ---,--- -
by Magistrate Harris on the charge of
iiivoluntarv manslaughter in connection
with the death of Patrick Trov. of Ninth
and Race streets, who was run over bv
n motortruck driven by Devine at
Thirty-first and Wnlnut streets Satur
day evening.
"Everything Is Fine as Silk,
Don't Care When Inquiry
Comes," Says McKenty
SPLIT IN BOARD RUMORED
Alleged irregularities at the .".astern
State Penitentiary, Twerity-tlrst street
and rnirmount avenue, are to bo In
vestigated by Governor Sproul after
the Legislature adjourns.
The Governor's decision is based on
a number of complaints made regarding
various phases of the prison adminis
tration. At least one member of the
penitentiary board of Inspectors will be
active in the probe.
"I.ver.v thing here is ns fine ns silk.
I am waiting for the investigation and
I don't enrc when it comes." dcclnnd
Warden Robert J McKenty today.
Mr. McKenty has headed the big
graj institution for eleven jenrs. lie
was a eitv deteetivn m nn- Hi,-.- n.,.i
ts n former director of public snfetv .
The board of inspectors Is snid to be
divided over. the charges made against
the Institution's management. The
board is composed of Chnrles Carver, nn
attorney, the president; Ignntius J.
JInrstmnnn, secretnrj ; John 13. Hnni
fen. tronsurer: William A. Dunlnp and
1-dwin J I.nffertv.
A meetlug of the board is to be held
within the next few dajs .tr. Carver
is now out of town nnd is expected at
his Ilavcrford home this evening.
.Mr. Dunlnp, nn undertaker, Might
ecnth street nnd Fnirmount avenue, is
said to bo the "lender" nf n mil,- I.,
Tcstigation under way for several months
past, lie declines to lie specific about
the nllpcrerl trrpfillnr!. iptt lutt (...:. 1 t...
is willing to lay all the facts he has
before the Governor.
Mr. T.nlTerty, who is also secretary
and treasurer of the state prison la
bor rnininlecinn una l.wl lrwi ..f ....I-..
. ." Ifliru, ..... ttllllllUIIL lltllil1
over references that have been made to
tlie conduct of the parole sjsteni at the
penitentinry.
Mints of favoritism in the granting
of paroles arc interwoven with the al
legation of irregularities. The warden's
son, John W. McKentj, is parole of
ficer at the insi-lution, and another
son, Reuben McKenty, is assistant pa
role officer.
A. II. Votaw, secretary of the Penn
sylvania Prison Society, said today that
the organisation has had nothing to do
with the investigation proposed.
FIRE AUTO IN CRASH
Deputy Chief Davis Escapes Injury
When Motor Hits Curb
Boss Davis, depiitj chief of the fire
department, last night experienced his
sixth narrow escape from death, or
Fcrious injury, in the Inst two jears
when the automobile in which he was
hurrjing to n fire broke down while
traveling nt high speed. In coming to
a sudden stop in consequence of the
accident, the car collided with the curb.
Davis, however, was not thrown out
of the vehicle.
JERSEY PASTORS CROSS BATS
WITH PHILADELPHIA CLERGY
Methodist Miniiters Stage Ball Game at Sixty-third and 11 alnut
Streets as Feature of Annual Holiday
Journeying across the rivVr from
Cnindeii nine members of the nntiunt
New Jersey Conference of Methodist
Ministers will met the same number
of Philadelphia Methodist clergjinen In
a bnsehall game at the Straw bridge .5.
Clothier Athletic Field, Sixty-third and
Wnlnut streets, this afternoon. The
llcv. C. Van Hook, of the Methodist
I.plseopnl Church of Camden, captaiued
the visiting and winning team, as he
is confident It will he. The home talent
was led Into battle by the llcv. Hobert
C. .Wells, pastor of the Columbia Ave
nue Church. Doctor Wells snld that a
victory is far from being assured. He
says tho lack o confidence displnjed bj
the tricky "skrctcrltes," their oppon
ents, is only a smoke screen, behind
which to shield their real strength. To
fortify both teams for the heated con
test dinner was served beforehand, but
immediately after the truce ended nnd
then thnt Camden c-snjed n supreme
effort to secure the official "goat" of
their Philadelphia brethren. A large
and anxious crowd of enthusiastic
rooters, most of whom In the past liuve
listened silently and lesprctfullj from
their seats in the congregations hnd an
opportunity to turn the tables from the
bleachers.
The members of the Methodist Fpis
copal Ministerial Association have made
this bnscbnll game the feature of their
annual "holiday," which thej took
Immediatelj following their tegular
meeting in Simpson Hnll of the Wesley
Building, Seventeenth nnd Anh streets.
Victorious for ninny jenrs past,
th Philadelphlans urc nnxious to add
to their laurels by a complete crush
ing of their opponents. The Cniirden
ites. mindful of the past slaughter, ac
cording to Dr. Van Hook, hnve been
recently preparing for todaj 's game and
are expected to bpring n collection of
surprises. Tlie home team is ready,
however, Doctor Wells said.
HELD IN MURDER CASE
Prisoners Held In Connection With
Policemen's Death Arrive In City
Henry Kick and Thomas Mnrphy,
under indictment lu connection with the
death of Abner Braun, have been
biought to this city from Baltimore by
I)cte fives Hodge and Tvson.
Braun, who was a member of the
police force of Trenton, N J., was shot
and killed Mny 27 on the Bcnsalem
pike, near Biistleton, by the occupants
of an automobile vvhiih he hnd pursued
from Trenton on 11 mototcjclc on sus
picion that the c.ir had been stolen.
The automobile carried a Marjlaud
license and .was identified as the prop
ertj of resident of Baltimore. Infor
mation furnished b) the police of this
citj to the police of Ilultimore led to the
arrest of ltick and Murphj in that city
about ten iIum ago.
SALOONKEEPER STABBED
HOSPITAL THIEF JAILED
Orderly at Jefferson Gets Year for
Theft From Patients
For stealing from pntients whom he
eared for while acting ns onlerlv in the
Jefferson Hospital, Samuel Wallace,
of 2011 South Becchwood street, todnv
was sentenced bj Judge Audenried, in
(Junrter Sessions Court, to a term of
one je-ir in the count j piison.
Wallace was convicted of two
charges of larcenej- by bnilee.
The defendant was entrusted with
S75 by Joseph Smith, n patient in the
hospital when he was brought in to be
piepared for an operation, lie received
$8 from Tony CondurAs. 1020 Locust
street. In the same manner, and both
sums of money he kept nnd left his
position the same day.
L
mTHB CITY
Jacob de Julin, President of
Commercial Commission, Hero
to Establish Trade Connections
COUNTRY FREE FROM 'REDS'
Completing n swing around the busi
ness cinle of the louutrj, Jncob de
Julln, president of the commercial
commission of tlie Finnish government,
arrived here todnv to establish trade
connections He is louring the United
States under the nusplies of the De
partment of Commerce nnd the L'uitcd
States Chamber of Commerce.
It is Mr ile Julln'- second visit to
Plilliidelihii. but under very different
clrciunstancis sin uiuuding his first
visit sivteen jenrs ago, when he board
ed the wrong train in New York for
Pittsburgh and was put off here. At
that tim he could not speak the lan
guage of the louutrj. Todnv he came
as the lir-l en-nv from nnj of the new
nation- of Furnoo to reach this citj.
The 1 nitcil States and the western
world, he -aid. owe much to Finlnnd
for standing lirmlv as tlie westirn bul
wark ngainst the Bolshevik menaie.
Mr de .T ul it. wont first to Chester,
returning to the city nt uoon. He vis
ited tlie Philadelphia Chamber of Com
merce tins afternoon, nut Inter will in
spect the wnterfinnt nnd haibnr. He
vi ill go to New York tonight, prepara
torv to 1ms return to Finland,
"I'inl.iiid occupies n unique position
in the wo-ld." snid Mr de Julin.
"Though it is on the border of Russia,
nnd oulj thutj live miles from Petro
gind, it is free of the taint of bolshc
vism And it is frer imer navlng hnd
three months of Bolshevistic mle Uther
countries are suffering from bnlshcvisni,
or threatened with it, but Finland is
the one notion which has had the dis
ease and is now- wholly cured and re
covered." r- j
Negro Ejected From Premises Re-i
turns and Stabs Man I
Jesse Patrick, a saloon keeper nt
Twenty-first nnd Jefferson streets, was
perhaps fataly stabbed early jestcrday,
morning by Henry Wesley, n patron,
Twenty-first street and Stewart ave
nue, .whom he had forcibly ejected from(
the premises.
Patrick was taken to St. Joseph's
Hospitnl with a serious wound in his
left side. He said that Weslej , a negro,
drew n knife during the quarrel. Wes
ley was held without bail jestcrdaj by
Magistrate Carson.
STUDEBAKER
5-passenger touring; newly refin
ished; fine condition; $350.
LEXINGTON MOTOR CO.
OF PENNA.
851 N. Broad Street
Galvanized Boat Pumps
- .Tr1-" " mmtVmmm
T..D.nerier Co.. SB N. ti SI.
Uain 400(1. MarKtt in.
OVERSOLD may
seem a good reason
to cease advertising; but
does ceasing advertising
solve the question of how to
remain oversold?
HERBERT M. MORRIS
Advertising Agency
Every Phage of Sales Promotion
400 Chestnut Street Philadelphia
Windshield
Glass Renewed
We make a specialty it re
palrlnsr broken windsnlelds with
best quality plain glass or famo if
Safetee Glass.
' 326 North Broad St.
' "
Defiance
Trucks
live longer and get tick leu
than most trucks.
lVa tons, $1795
2 tons, $1995
Open Daily Till 9
Sunday Till S
STABILITY
MOTORS CO, I l
. 1720-40 N.CrottteySt.1
Rldj i. rplumhla. Aves, j
uk, i-t.a, rirn iia ,
StnbWUv PTkf Krr :
1 1 our in inp luruir
imir
He tried
Everywhere else
First and failed.
I made a special trip
to New York and
Brought him, the
Very same day, the
I
Underwear he ,
Wanted.
What can I do
For YOU?
gBetkjp
rV Silversmiths
Diamond
Enadcmcnt Rinp's
Ornate plain settings
Every cJcsirafclo shape
Q
1 ftitaL
Btffieacij
OCOISTCPgP U S, PATfMT orrice
THE GENUINE CLOTH
MFO. BY COODALL WORSTED CO.
This label means the Genuine. It's
your Safeguard against imitations.
GOME MEN SHRINK FROM
the thought of Tropical
clothes, fearing that they are
"too conspicuous."
This is altogether u false notion Palm
Beach cloth is shown in many shades tyid
patterns, and men of widely divergent
tastes will find their needs anticipated in
the beautiful range of colorings and
designs.
Tropical-weight Coat and Trouser Suits,
made of Palm Beach Cloth, Summer
Worsteds, Breezweve, Aerpore, Mohair,
Linen, $13.50 to $25.
Silks, $25 to 545.
Flannel Trousers, Plain White or Striped,
$8, $11, $12.
Imported Cricket Flannel Trousers, $16.
1424-1426 Chestnut Street
The Scissors Test S'toSylRS
Stretch to9in.orthreetimcsitsoriginallcngth.Gut
on the edge with thescissors.Thecutshouldnotbe
more than Vs in.
across the sam
ple. If the strip
tears apart the
rubber is inferior
nSSr!
Stretched, as In the tire, food
tubes do not rip when cut. They
cut but do not rip. Make our
dealer prove that the tube he sella
mil stand the Norvialk test.
The ilifthtctt cut in an inferior tube rip! and
the tube ti rumed.
Four Points
of Norwalk Quality
1. The scissors lest shows that Norwalk
Tubes do not rip. It shows you that the in
ferior tube tears like so much hlotting
paper. With Norwalk the inevitable hole
from puncture or hlow-out can always he
repaired.
2. The Norwalk Tube is the highest quality
lube made floating stock both red and
gray.
3. These are two reasons why the Norwalk
Tube develops mileage for you.
4. There is a Norwalk Casing ready for you
us soon as the Norwalk Tube convinces you
that Norwalk quality is different and better.
If your local dealer cannot supply you,
write to
Standard Rubber Tiro Co.,
826 North Droad St., Philadelphia, Pa.
HarrUburg Harness & Supply Co-
32 North Second St., Harrfcburg, Pa.
The Tire Shop
J01 Delaware Ave., Wilmington, Del.
DijfrituloM
NORWALK TIRE & RUBBER COMPANY
Makers of Cosine'' Cord and Fabric; and of Tubes, Red and Cray
Norwalk, Connecticut '
Flo.lm flock ! a definite il.nd.ril ol qu.Iity. It rotmi rubber 10 purs that it
Colli in iler. It rae.ni eiictly whit 24k gold roeinl. To ou it meini mileile. J-ile
my a dattd iituple ot Nornllk Tube and other,, sod compare Ibem at tae end ol
You' ire to'mt to leirn a lot more about Norwilk quihty. But don't wait. Stirt
livinl.our tnileKe-money now. Get the Ituff Ihlt'l in the tube. Aikul focaiimplo
of Norwilk rubber.
NORWALK
TUBES and CASINGS
Two Big Floors Full
t
of Strictly Summer Suits !
They will keep you Cool and
Comfortable both in Body
and in Mind, because the
Fabrics are light and the
Workmanship is Perry's!
Palm Beach Suits
Breezeweve Suits
Fine Mohair Suits
New Bermuda Suits
Cool Crash Suits
Gossamer Flannel Suits
and Feather-weight Tropical
Worsted Suits unsurpassed
for Service, Coolness, Style!
When Philadelphia first became acquainted
on a large scale with Palm Beach Suits for
Summer wear, the accompanying impression
was, to a large extent, that to wear such a Suit
meant to advertise your approach by its
conspicuousness.
Some men have never gotten over that first
impression.
tjj We invite them to get over it now!
Half a dozen minutes or half an hour, if
you can spare it will show you stack after
stack of Perry Palm Beaches, Breezweves,
Mohairs, Bermudas, et cetera, in all the vary
ing colors, shades, and color tones that you
have ever associated with Suits, as a general
proposition.
1$ You will find here a floorful of these dis
tinctively feather-light tropical fabrics in
browns, in blues, in blacks, in grays, in
Oxfords, in sandtones as well as in softer
ecrus, tans and cream colors for those who
wish to look, as well as feel, the part.
3 You will find, also, that we have added our
own superior workmanship, without which
such fabrics may be cool but comfortless.
I And you will find the prices a surprise,
all things considered.
$13.50, $15, $18, $20, $25
for Palm Beaches, Breezweves, Cool Crashes.
$20 and $25 for
Two-piece Suits of lightest Flannel.
$8.50 to $10 for
White Flannel Outing Trousers.
PERRY & CO.
"N. B. T."'
16th and Chestnut Sts.
I 72 and Chestnut I
1 OPEN HATUKDAT BVE. I
D UNTIL, TEN , I
Stability
- &
ati
'?.-
Lil
.h
Usui. 2jj.A. .,.. t.r ira'