rtyffi&ifttfr-'w",M'$fi'itTfrrtiCly Vi .h EVEKyg ptJBtiO fEDOER--Philadelphia; bida, ju:nb 27, 1919 ' u , 15 , i ffifc?fJJP'' Tr3rj7STPK3P'r r - "TRUST FUND URGED FOR SHIP PURCHASE Soiling of Bonds for Divisional Ownership Indorsed by E. F. Sh anb acker local underwriters, to frame policies which Mill cotcr thcrN;naml tulentinte- ,ly protect the owners of trust ccrtlfi- into, 'llic shipbuilding capacity of the jards on the Delaware Is fle times as Krcat ns It was before the war. We feel that rhilailelplilans ought to do nil thnt is in their power to encourage the ships nrcls to continue in business nnd to smtnln the Delaware in, the reputation which It has achleed us the' C'ljdc of America." PLAN USED BY RAILROADS The application of the equipment trust plan for raising money to pur chase ships Is suggested by Xi. V. Shanbacker. president of the Fourth street National Hunk, ns n method for financing a merchant marine. The idea Isvto sell bonds for divi sional ownership of ships to operate from this port throughout the world. Virtually the same plan has been used to equip other Industries and he be lieves it would succeed in the merchant marine. Speaking on this topic, Mr. Shan backer said: 'Car trusts or equipment trusts made use of by railroads nil over the country for the purchase of cars ana , .locomotives, arc a Philadelphia prod uct. Tbcy have been In use for n good many years and so far ns I know no loss to Investors has occurred through the .purchase of equipment trust certificates. Used by Railroads "As made use of by the railroads, following what is known as the Phila delnhia nlnn. the purchaser of the rolling stock advances a small part of, . the purchase money. Then the trustee holding title to the equipment, issues certificates pa able in definite amounts Ycarlv for a period of years. The rail road obtains the use ot the equipment at once and makes payment at stipulated dates to the trustee of interest and nn additional sum which is sufficient to provide for paying the trust certificates as they matmo from year to jenr. "These payments made by the rail road are equivalent to rcntnl for the use of the cars or locomotives and nt ' the time of pamcnt of the last of the series becomes estcd in the railroad. "When the indenture N drawn it con tains provisions which fully protect the Investor, requiring, for instance, that the equipment shnll be maintained in good condition and that if any of it is destroyed it shnll be replaced. There is provision also for insurance. Equip ment trust certificates luivc been in high favor with investors, the interest rates generally being attractive, and the se curity is such that the investor feels' protected, no matter what may be the credit of the railroad for whose use the. equipment is bought. I "Other bankers arc considering, with mjsclf, the application of this principle to the construction of ships. Suppose a man goes to one of our local ship arris and saS he wants a vessel bunt which will cost $000,000, but the bujer lias only $300,000 to put into the project. ' The shipbuilder answers that he is not a banker and he innnot supply cithet the money or the credit for the balance needed to construct the desired ship. In that case the contract is not entered into. t "Hut light there the trust certificate plan might fill the gap. The ship buj er could apply the capital which he has i available nnd investors by purchasing the certificates would supplj the bal nnce, thus accommodating the purchaser J- and helping the shipbuilders to obtain ' 4 additional contiacts. Used In West "The thought is too new vet to be fully considered, but we are'trjing to work out some practical method. The principle has been applied to ships built for use upon the Great Lakes, ships con structed for a subsidiary of the Cam bria JStecl Company hnving been so financed. But those ships were only used in inland waters and there were no in ternational complications, such as might arise when ships navigate the oceans. Ownership bhould not be vested in the possessor of the certificates, as the haz ard would be too great when ships ply the seas and cuter foreign harbors. Hut the investors could be protected by in surance obtained through the marine in surance companies, several of which are located in Philadelphia. This is a point which we intended to take up with our local Philadelphia underwriters. There Is no use of us going to foreign murine underwriters when we have most excel lent home companies, but it is for the LAY THREE NEW KEELS Pusey & Jones to Build 5000 and 12,500 Ton Ships Keels for three vessels to be built for the United States shipping board will bo laid at the Pennsjhnnia yard of tnc I'usey . .lones Compan , Glouces ter, todny or tomorrow. Two of the ships nrc to be 5000 ton cargo ships and the other a 12.500- ton enrgo vessel. The contrncts for the three ships were suspended nloug with others four months ngo. It is likolv thnt keels for other ships will soon be laid. PHILADELPHIA'S WAR RECORD WORK STARTS Police Begin Distribution Service Blanks Collec tions on Monday of Compilation of the war record of Philadelphia's 05,000 soldiers, sailors nnd mnrines who served in the world war is being undertaken today by the Council of Xatlunul Defence in co operation wltfi the Peunsylvnnin war history commission. Ithink forms, on which are to be en tered detnlis of the wnr snrviccs per formed, have been turned oxer to the police department for distribution to day in n house-to-house cunvnss. These nre being left nt every house from which n son, brother or father answcied Otf call to the colors. Collection of the blnnks will be mvlc Monday by the police. If nnv arc over looked they should bo mailed Immedi ately to the council. In no case should they be held back for further details than nre nt present nvallable. These ran bo supplied Inter. Mnjor Smith some time ago deslg nnted the Council of National Defense n committee to collect this Information, but the work was postponed until the return of all units of the Twenty-eighth and Seventh-ninth Divisions. Assist ance of welfare and dvlc organizations bus been enlisted to mnke- the work thorough and complete. MRS. BUTLER TO SAIL w-ilSi other officers, ns follows : Vice I presidents, Hobcrt Hattcrsby, Arthur Dcstman, Miss Anna Hradley and Miss Frankford Arsenal Men Unionize Frankford arsenal employes have or- wnnivml nti T nnnl 01 1V1nin1 Tm itttMct , , . ' . "'i"" lyirnbcth Dllsheimer. Tim secretnr.v Union. There nre 2..0 members. James tf0nsure is Leon MnrHridc, and the DnfTj hns been selected ns president, i iftuird, Mr. Ilardman. Wife cf the "Dare Devil of Marines" Will Join Him In France Mrs Smcdley Darlington Hutlcr ex pects to snil tomorrow for Itrest to meet her husband, llrigadier Gcnernl Smedlej Darlington Hutler, of the, ninrinr. who is in command of the I embarkation rnmp nt Hirst, nnd ex-1 uccts to be theic nil summer. ' Mis Hutler lins been spending the winter with her brother nnd sister In law, Mr. nnd Mrs. HUhard Peters, Tr.. nt Mcrion. yVoJbo'dy ever" L clxcaxaes from KAM&&E5 CIGARETTES jVSibocly! on RAME S E S SSTQKK OI'KNS IILY 0 A. SI. AMI CI.OSF.S AT 5 I. St; :viaii. a i'iiomj oiui;ns inu.Ki; $40 Remington l$OF Roadster Bicycles) ew New, Departure Coaster Brnko and raised tread, four-ply tires. Complete with bell, tools and bap. 20 and 21 inch frames Guaranteed for one jenr. ,.... . Boys' & Girls' Tennis Shoes & Oxfords, $1.50 White or brown. Heavy rubber I soles. Lit nrothrra- -SECOND FLOOH HATS TRIMMED FREE ' OF CHARGE ' Market Eighth One Yellow Trading Stamp With Every 10c Purchase All Day 7-1 PHILADELPHIA ) , . Filbert Seventh R331Ws30 m To-moiTOW Men's $1,50 & $2 Pure Silk "Onyx" $1 1C 'Half Hose....-' " Extra heavy qoallty. Silk or lisle o1p nnd tops lllgh spliced double heels and toe. lyit Is linmeu. " but not In ricry kind nlnrk. VVIiUe nnd Ilrable Colors In HmDim l'irst 1 loor, 7th at. $98 HATS TRIMMED FREE ReadytoWear Georgette Hats Prettily constructed with flange of ribbonstitched on with silk floss, and trimming of multi-colored floral vvieaths and ribbon. One sketched. Ready-to-Wear White $0.98 Satin Hats Piettily trimmed with grosgiain i ibbon band, bow nnd large beads. No mail or phone orders tilled. A,SL ol ZT" & & S. $fe& S- White Milan Sports Hats, $2.98 Showing medium size loll biim nnd ?9 8 o band and bow. One sketched. Lit llrotlifi- -rillbT I'LOOIt, NOUTH Women's Fine $6 & $6.50 Pumps,Oxfords & Colonials The Announcement That Should Send All Those Hurrying Here Who Are rreparmg ior inps ana vacations, ureat Kjleamnccl r4 Wanted Leathers, Newest-Style Vamps. Misses' & Children's Oxfords Sizes 8& to 11 'Sizes 11 to 2 $2.98 I $3.59 Lace style. Dark tan cordo. (Women's Pumps, Colonials & Oxfords, $2.49 to $9.50 ! White and dark leathers. Welted and turn soles. Men's Oxfords & Shoes, $5.50 to $8.50 Tan and black calf, black kid and patent coltskin. The Final Word Concerning Certain Tempting Lots of Delightful .esa c.,,, i For Misses & Women We've Planned Wonderful Inducements in the Way of Appealing styles and Tempting Economies for This Last Saturday Before the Fourth Blief desciiptionb and attractive puce quotations follow: T ---------------------- --------.. ------- Men's $6.50 Oxfords Gunmetal in broad-toe styles, $4.98 English and BOYS' SCOUT SHOES Sizes 9 to 13 I Sizes 1 to 6 $2.75 ! $3.25 Dark tan leather with stitched chrome elk soles. Ut mothers First Floor, North Young Women's $6 to $7 Oxfords, $4.85 English styles of tan and white kidskin, black and tun Russia calf. Military heels. Sizes 2 to 8. Misses' & Children's Pumps Sizes 6 to 8 Sizes 8 to 11 $2.19 $2.49 Sizes 11 to 2 $2.79 Ankle-strap style. Patent coltskin. Sandals & Oxfords, $1.98 Tan lotus leather; stitched leather soles. Sizes 6 to 2. vl c"'-v HuXk vv vX lit i:-"- : Z7 l U5l K !&.& tin mWrn $10 Women's Dresses, $10.50 Tiuly Summer styles, each one a delight. Plain and figuied voiles, orp-nndie. not. taffeta and crene de thine. Organdie collai and cuffs,! frills of not, sashes and taffeta gn dies enhance the beauty. Women's Linen Suits, $15 White, Copenhagen and pink. Jackets have plaited back, mannish collar and levels, nariow cioss-front belt' and laige patch pockets. Misses' Charming Dresses ) j Plain and figured voile, plaid tussah, net, ( (voile and organdie in all the light-r ------ j Summer shades. Some quaint stvles! I have nlaited vestee. havvl collar. I j silk girdle, skiit with lows of folds j land lace trimming. j Misses' Cool Dresses, $6.98 Of checked gingham, plain linen and checked voile. Vehtees, contrasting col lar and cufTs, button tiimmings, panel and tier skirts, belts and girdles add cMnm to the lot. One pictured. Misses' Figured )$1fi 7K j Voile Dresses....'-' 100 I Some of the most fas-ciiiating groups show suiplice -waist, tying as sash in back, oigandie shawl collar, Inairow luffles, shoit hleeves, plaited hkirt apd simulated pockets. Organdie dresses in the light Sum mer shades aio also shown at this I price, and the value is extiaordin j ary. i - -- -.-- Misses' Georgette Dresses, $25 Light Summer shades. We point to othei fascinating gioups at this price developed frcm oigandie, dotted Swi.ss, taffeta, crepe de chine, moire & jeisey. One Pictured. Misses' Plaid GingHam j $ 0.50 Frocks One pictured. . . ' I Chic styles with leather belt, embroid I cied oigandie collar and vestee. I. II llrothrm SIX'UM) VJX)OH XSCS?33LJSQ Don't tuffw with corns, ail; your drugfist. He will tell. you j A. F. Pierce's Corn I'Uitcrs, -with a positive money-biclc guarantee. 6fr uunarcas ox inousanaa ot people ivc naCi4 incia uurin loe pail 2K i eixteen years. Don't experiment 1 : -n-ilh liquids which nay burn the M : akin, aoil and injure the atock- ings. For 25c you can buy enough t m i to treat 8 corns, for 10c enough to ircai o corns. Always pacicea in- s green box. Uy mail it A SOUND BUSINESS PROPOSITION! THIS JUNE SALE OF Men's Summer Clothes We Entered the' Wholesale Markets Accompanied by the Mighty Power of "Cash Buying" Backed bv Immense Quantity Outlet That Is Why Our Men s Clothing Values "Top" the List. Genuine Palm Beach SnitslQ, 12 & $15 Beautifully tailored in the newest styles, including dignified, con- I servative models. Twelve cool, summer patterns in check andj stripe effects; also the natural color. ! Kirschbaum Clothes, $30, $35, $40, $45 and up to $60 They are all wool, smart in style, moderate in price and they fit. j Men's High-Grade Mohair j (Suits, $10, $15, $18 & $20 j Unusually smart dark pat- J terns. All sizes, including! stouts. I p " 17, convenient, tvimnrop oaies io.. yyi I 116 West 32nd it, New York. mmimmmmmmmKm iii ; I'MIIMffllLTIIEtllXlQ.-U-JFilimMintliaWi Eg Vtviu witi.Vr g ij I C I I OERE'S an example in 1 flf.k i mathematics for the 1 I .s- rks' I folks who just earned j V 't?!' R diplomas. Raw food, plus B j I iJun vr I a lighted stove, plus any 1 J IM I. old cook, equals what? 1 i V? iv, 1 1 You've guessed it Aw- ttW ji LoA fi 1 ful Mess is the answer. I j y-j" J1 n? i- 1 But raw fpod, plus a S j fj , jmJ V Jm I lighted stove, plus the 1 j! JpJH&Vrll ' I very best Chef in the i ir'IBrTiW I world and the result is I JI A li!vBf T HB 1 the St. James cooking! I 9. vv. I A 1 1 rd? II I Walnut at 13th' Street j IKl V?"" I TF. B Johntton, manager I "asK V ; I "" III :sj9j5' ' . -0- ( tVt' j ft r. . I P. I. il ' ' yJ. II J.V , J - TVt I '' - riFTim iirfl ninmiiffiatWitrtii f il u ,l tiaQHnsjsHHbAKmajuafMBinBHBjisjBHttjaa Boys' Washable Norfolk Suits, $4.98, $7.50, $8.50 & $10 In tan, brown and gray Palm Beach cloth, black - and - white crash, silver gray & blue Palmer linen, tan and olive khaki, oyster linen and white duck. Sizes 8 to 18 years. Lit nrofliers SECOND FLOOR, SEVENTH STREET Boys' Washable Suits, $1.25, $1.75, $1.95 $2.50 & $3.49 Oliver Twist Styles in Palmer linen plain white blouse with trouseis. in old rose, pink or green; also solid colors. Middy styles in white, blue, brown or gray stripe galatca, light & dark shades of cham bray. Junior Norfolks in white, blue, brown and giay stripe galatea; white galatea, mad ras, percale, chambray, peggy cloth and poplin. Sizes 2'i to 10. $?H!ae!(j i a a J J Men's $10 Crepe de Chine & Jersey Silk Shirts Big Purchase of Exceptionally Hiqh-Gradc Shirts Rich crepe de chine and heavy jeisey silk in pietty exclusive coloied stripeh. r lencn cuns. $6 "Shantung" Pongee Silk Shirts, $4.98 Rich tan color. Pure silk. Soft cuffs. i $2 Pongee Shirts, $1.69 j Separate soft collars to match. Crepe weave. Colored stiipes. Soft cuffs. ! Silk Four-in-Hands, 98c Polka dots, in various sizes and colors, also brocades and self fig ures. Large scarfs. Slide-easy bands. $ 1.25 SI. 50 "ToDkis" I Union Suits . . ."A3 . ' Checked nainsook. Athletic stylo. I 75c Silk Lisle Half Hose, 59c : lilacK and colors, rull icgulai I made. rir-Ht Moor, .orili June Sale of Silk & Muslin Undergarments Styles are appealingly pretty and qualities exceptionally fine. Beautiful Camisoles, 98c, $1.49 & $1.98 Crepe de chine and washable satin in ten or more pretty lace trimmed and tailoted styles. Flesh and white. One sketched. ..-...-. . T4 Pink Batiste Bloomers, 98c Dainty styles. Re-enforced; elastic at waist and knee. One sketched. 98 $r CreDe de Chine Envelope Chemise Fleph or white with lace and ribbon trimmed. One sketched. -----------------------A Nainsook Envelope $1 IQ Chemise X U Trimmed with lace, medallions & ribbon. Lit Ilroll.tr. SECOND FLOOR LESS THAN HALF PRICE! Girls' $3.50 IQ? Chambray Dresses I.oD Luck beyond all expectations sent this lot here; now your chance has opened. Chic, attractive styles trimmed with contrast ing colors, pockets and belts. Plaited skins auva o 10 J., T .r.,i. mm. Jean Cloth $0 AQ Middies... ' All white or with eontrast ln collars and cuffi SIee chexron and pockets Sizes 8 to 20. ----- M. .,....--4 Smart Skirts $1.29 to $5.98 Ramie, jean clqth, serg and nlalds; white or colors Slies 8 to 16. T-------- Jean Regulation Dresses, $3.98 All white or with blue col lar Braid trimming, sleeve rhevrbn. laci ,,- uiik tie Sizes 8 to 14 ---...- . .-.-,.--! Big Girls Tub Dresses, $4.49 to $10.98 Plaid gingham, chambray, Jean ciom ana rem- l'an material. I, It nro. I Some hand embroidered. One oecoiui r tuur pictured. A S c U I A I Uw Occupying the entire under floor of this bis store and ell inn up-to-date seasonable merchandise greatly under price. hats tuimmi;i i-ui:r. $4 to $5 Ready. $0.98 Trimmed Hats . . . " Sensational Values ! Vonileifull attractive large dressv hats with taffeta crowns and ueomette brims, also stun- ninp transparent effects In light snaues ana .Milan anil leghorn hats Women's Vests, 15c Cotton ribbed Low neck and sleeve less Men's $4 to $5 Shoes $.45 & Oxfords Gunmetal calf, patent coltskin and tan All sizes In lot 10,000 Pairs of High & Low White Canvas Shoes Save a third, a half and much more ' Women's $2 to $3 Pumps'! $" and Strap Pumps X Women's $2.50 Sports 1 $-1 Oxfords, rubber tolet i X Women's $3 and $3.50 Pumps, rubber soe Women's $3.50 and $4 Pumps and Colonial Pumps, $2,45 Mines' and Children's $2.50 to $3 Shoes and Pumos, $1.29 Sizes C to large girls' 2. n So Mall or riiono Orders Filled an Haonay rootwenr, Women's Misses' & Juniors' DressM, $5, $6.98 & $7.98 Plain and ttou (red voile lineup i heck and pl.ibl Blnghnm A I 1 summer color Becoming stvles with Ide sashes, pluue and liwn coll irs and cuffs pretty vests apd largo lockctH Pictured. Women's Union . Suits, 39c Ix) neck, sleeve less . lace, trimmed or close-fltting knee White Organdie Waists, 98c Checked oigandie plaltlngs Boys $2.50 Suits, $1.60 Chambray, percale and white llnene 2'i to 8 eais Men's $1.50 Union Suits, $1.25 Small check nainsook Sleeveless, knee length. Men's $2 Shirts, $1.49 Stripe percale. Turnback cuffs. Men's $25 Suits, $20 Novelty and conserva- f sVUlt Our HI Nw Bettmurani Uct of Kverythlnr at Low fit prices Sentli Floor of Our New HuUdlnr, 7th ft Market Stic r v Open Every Evening; i.S J IJUlii Store Orders Accepted Store Orders Accepted - 1029 MARKET STREET Mr. Hill Says:- Get Your New Suit for the Fourth In This Big Sale 1000 Men's 1(M ummer Suits r-CJ"-, g j Cm ! S W,. ySaMrsRs. Mr. mus iff iMgfjKjl I I lim j Guarantee Goes ' With ' Every Purchase Real Beach Cloths Summer Flannels Bermuda Cloths Kool Cloths Why should any man be hot and uncomfoitable in these hot days when Mi. Hill makes it possible to buy a serviceable, dressy and cool suit at so low a price? Hundreds of patterns, dozens cf colorings, and, best of all, a sue for every man. Vguus-.dk lhe. Genuine Palm Beacn BCamttta u s hat cut prnei THE GENUINE CLOTH MFD. BY OOOOALL WOOSTEO COi BERMUDA CLOTH & KOOL CLOTH SUITS t Here's the real knock-out! Yes Sir senuine Palm Beaches at thee prices. You'll see the labels in them. Also others in the other popular light-weight materials. The Finest Silk Momair Ss Paint Beach Suits an Thp man who vwint.-, a licht-vveight suit for dress and particu lar v.-ear should see these. They are beauties and most cwtiaor dinary values at these low pi ices. And, Another Big Sale Mesfs $30.00 Blue Serge and Silk lined Suits The Best That Mr. Hill Has Ever Offered Theie aie no two ways about it eveiy one who sees these suits acknowledges that thoy arc the mo.st wonderful clothes to be bought at the price. The finest plain-coloi and stiiped flannels, homespuns, cheviots and mixtutes. Tfie Best S. the Lined Suits From g Makers 3 TEOUSEE SPECIALS Our New Department Fourth Floor $3 Khaki Pants at $1.95 $3.50 & $4.00 Pants at $2o95 S7.00 While Flannel Pants $4.95 v. . x "?$ UC f. Tivj'f iP' U wknxw. TI..UJ.1 ;r .. . -Stli xih 1 G ,'v .f t 4 L7.,1- 1000 Boys' $2.50 & $3.00 Wash Suits at A Maker's Surplus Stock Good heavy quality galateas. reps, percales and chambrays in Tommy Tucker, Sailor, Billy llljl Boy and Junior Norfolk styles. All sizes from p." JS 3 to 8 years'. tjjg iTHE HILL CO.. 1029 Market St. . 1 -r 4.-T.Ji B ff : - 'Hi ft - a f,fii;
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