Evening public ledger. (Philadelphia [Pa.]) 1914-1942, July 22, 1919, Sports Extra, Page 18, Image 18

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JfiVKMNG PUBLIC LEDGER-PHILADELPHIA, l1UESt)AT, JU11Y-8&, 19l"9
f
V
-ZJZm
i- ri.'ia
iaav"
TRANS!
APPLIANCES.
Valley IronWbrks
Commercial TVust BIdg.
Wool
Chas. J. Webb & Co. tx-att rnrr rnr rnirn i xrnoto. T ri
OF CAPITAL WILL BE REPAID
BY EFFICIENCY, SA YS VANDERLIP
and Cotton Yarns
116 Chestnut St.. Philadelphia. Pa
NAGLE
STEEL COMPANY
STEEL PL VTES AND SIIEETS
Pottstown, Pa.
Phila. Office, 1411 Jlorrinidg.
NEW YORK
SHIPBUILDING
CORPORATION
baa steady work (rood wages and
excellent working .onditlnns There
ar openings to nenrtv all tranuiM
for skilled mechanics
Apply Employment
Department at the Yards
Camden, N. J.
N. Z. GRAVES
Incorporated
22 and 24 South Third Street
rhllidelnlila
Tho House of SncrHltlcs In ralnts and
arnlhr
ifBURN $3.50 COAL
and cut your power costs
We supilv ih. ui'Hi.1" a "1 '
oal t .. hi ! i l "P i " "" '' "
N-B Eng. Co. Spr. 894
11 mi TIM 7i Trn L 6rl i?yBSl-1
BiQ-RIiSB-l bat SilK I irl( ! rrr t
n "-,iHaH'jrf4At i itit?ujLr.- a&rr.TM
r
Financier, However, Be-
liet'QS That There Is Great j
Mass of Tory Thought in j
the Employing Classes I
Sees Bright Future for
British Industry if Men
'Ire Satisfied and Put
Their Brains Into the Job
K ritXNK A VANDERMp
TDI'TI HN'IN'li to London on the 1st
dm of Mot I found tho vitnntton
ns finplntoh rlmticcd no It would be
t oMh-lp to imncitio 'mo prrnt fnniln
mrnfnl lomninn ni. nf the KiirIWI.
people hid n"orto. its-olf. 'I'lin inti'lli
ffpiiop nf tho unrkniir c lnss(. nnd thp
ENGLISH LABOR LEADERS SEEN
AS FILLED WITH OPTIMISM
fi
Finnk A. Vnnderlip. former prcsidunt of the National City Rank nnd
one of the country's foromovt financier:, wiving his views upon the industrial
situation in ureal lintiiln. under tho caption ' Nipping n Itcrolt In England,"
j mij R : i
i ii mot Klgniticnnt thins ' obtnliictl from
Vnrlmm l!liplitli Inhoi lnnilrre una flip house nf
fMBffT ' 86' opt'nii"'!!. These leaders believe that the sac-
i Hires flint capital may have to make will ho
r3m$ML ffl inuri' than compensated by the increased cfB-
l i iMraiL ? a eiency which would come from a body of satisfied
it jHfilJlf '', mi workmen.
- i ,i witv annul t iiiut mr uujo riivi w
the war, when industry was hampered by a
( chaotic network of union nnd labor restrictions.
J have pilled and will never icturu.
i "If putting tlieir brains into the job will in'
. the end produce on a scale which illl mnkc
the present c ule of production seem indicative
, of production of dink ages in industrialism
I sm, if (hat hope is lenlied, tlie future of
i England's laduMiy is hrn'ught beyond anything
ever ill earned of."
wmsjs - . i
BSffilti' -
wonder if Industry has not been short
sighted In leaving labor always in n
stnte. of apprehension in regard to the
stability of Its position and at least to
question, if not fully to admit, that in
dustry would gain in efficiency under a
system of unemployment insurance.
The aspirations of labor for a larger
voice in the management of Industry is
being listened to with attention, nnd on
every hand there Is recognition that in
the future lnbor will have, and In jus
tice should have, a large division of
profits of Industry either in the form of
profit -sharing or, what seems more
practical for the present at least, mnxi
miim wages above minimum standards.
So far as the government officials aro
concerned, they seemed intelligently
nnd keenly awake to the various ques
tions involved in the lnbor problem, but
like nil governments, move slowly in
positive action.
I'eihnps the most significant thing
that I got out of these interviews wns
the sense of n sort of dogged optimism
in the minds of nil classes and n belief
in the power nnd intelligence of Eng
land nnd Englishmen : n more or less
conscious impression tlint they would
work out eventually n relationship be
tween lnbor and capital in which nil
nppnient sacrifices that capital might
hate to mnke would he more thnn
compensated for by the increased effi
ciency which would come from a body
of satisfied workmen.
Every one admits that the days prior
to the war, when industry was ham
pered by a chaotic network of union
Philadelphia Markets
GRAIN AND FLOUR
inli,1"' ?" lulet ,but Rrm w"h "'hi rtr
s"Hn. vJ?e """lotion.-! no. 1 nil w Inter,
hl.i '. i 1 1 IWnrn Prln. S2.3H; No 1
flcK wi"7r' I2 8,V N3- "a winter, mr
1 ?& .Ir-8.7' NA i rf.d' mutly. 'i 3ili No.
I 1.1 Va1?.' f"$ No - northern aprlnit.
winii!. 2- .r. hrl. winter. Visa, No a rr&
-.oj, rso 3 red winter SI 31!. No .1 north.
Cf" Vrlnir. 18.32; No .1 hlA TVlntPr. 3"5
mn?fiea f'?,,!!.,,r """llckv. U 30. No a red
merits ' '"" Kradea on their
rnrm.. ti an1..the market wns quiet nt
Rrp.a!j"-i Wo "uole llow In car lots
lor local trad- a to ,Uall,j. onr1 lo(.at0n
k.t A,?r7nS"lp". ''.oa hueh The mar
trade .. 2,r,Ki uM"r ll,tht n"erlnK. but
&-iWr?I1 -hT,eqU,?:".s?o" 'S
1 hiiLfiUI'-i n ocelri'- '00 bbl.. nnd 1 .003.030
BJ" ,":k . The market was quiet, hut
w'5?".. "r" nrl"lv held Iho quotations
i.A.no. .yin.wR. io nrrne. Dor lull lhe In
BUSINESS NOTES
Patent, old StL-fHZ Ml new' Itrtnwuiis
iT.,,en.,o01i'!."'',"al2i.V do. first ilear,
f" UH' 1HF,
A 5.100,000, three-year, natlon-wMa
trade unit advertising campaign Js about
to he launched under the supervision of
the National Jewelers' Publicity Asso
ciation.
Announcement that France has llrtcfl
tar intermediates nnd dyestuffs is not
looked upon as very hopeful news by
dyestuffs. manufacturers and exporters
here. They nssert that In nit probability
France could not come into the Ameri
can mnrkct for dyes to nny great ex
tent. Dealers announce that soda ash has
advanced to ?2.1(l-n hundred pounds, an
increase of about ten cents. This Is
in sympathy with the recent sharp ad
vance in the price of cnustic soda. A
good inquiry developed during the latter
part of last week nnd still prevails.
mz
K
Blower Equipment!,
Healing, Ventilation and
Eihauit Systems,
Sheet-Metal Work,
Safely Guards.
C. H RAUB
Wivne Ave. & Beiklef
St., Philadelphia, Pa.
Midline sna, lndtitrfiil Mrohol Co.,
( urlii llaj. Mil
Structural Steel
For Ail Building Purposes
Bethlehem Construction Co.
Engineers Fabricators Erectors
BETHLEHEM, PA.
niiii.'.i 1..UJ-.""." firm hut quiet, Wn'gardltig jobbing trnde in dress silks.
to nuaiitv -"""" "" "" '" BtK". "'.Some of the sellers state that business
PROVISIONS
--- "W I.I ...... . ...
There nag a fair tohhin dem.n.i nr ,n. ".ciare tnat tlieir orders did not denote
. Contradictory reports are made re
ganling jobbing trnde in dress silks
Some of the sellers stnte that busines
continues of Inrge volume, while others
declare that their orders did not denote
descriptions and the market ruled nrm tuo- the degree of nctivity to which the trade
, TnTair drSUT .'"..'nurX.'Wd h' b(''" nccustomed.
f.i. ira anu nlr ""''" "' Pork.
We! n,.l;i,nd,elMl1'SSfliy! -lorts that the Belfast linen In-
do. amoked aiic-. belllei. in pirk"e. loose, ,n,,, on,v u I,pnf'c o. yard for its sur
Jjc; breakfaat baron, .ic. lard. 3ilc. i phis airplane cloth nre denied bv Sara
REFINED SUGARS f. Ilnughton, administrator of the Irish
4 labor attitude of tl... cn.prnment !... . ..., , ., .... . ...... . ,...., ..,,..,..
public and the emi,l,nei-s ft. ,' ,nR nrnn "' '"""mP'oycu w men was ,n- ..... mo not mnmrain a sinnimru ot living nnrl lnhor rtriction, on 011tpllt linve ' nVfTn8;, " JlRht and the market waa ' ';""'" "'ocieiy. i no nnai oner mntle by
: n a lea , tenZ aA so'lutfon ,1 ','' "" "" " 1"' demobilization under p.escnt conditions. pB,SM, nml wl ncvpr tfUlTm ,TllPr.41uJlBJj"" " "ae.a of l.c for fine sranu-jtliP trade, he states, was 1 shilling 1
. a, narenn ' ,", Z , Z Zo dl "f V', ?", "r'-"(,, . ',!,, "r'"-v ! . Th" r ''-; hm l in "re instances current nt the moment of I DAIRY PRODUCTS T "' "r " 0t tl,C PrflW
s. ,.f .,1,., . ,?r" ..." ':n"ll.,,1M.A1,n ' ""m,," '" "':""' "Preo,l me profound!. They were blln,i restrictive rules being again im- ! m-TT,:,,-. .., .7 UCTS. . 1PI,,lw,i'
n.on, d-ioleplng. Pur ng ha Z od "' ,""""""' , "" , ""r """"' '""'J"" J-nd come up from the ranks piwc,, , . , ,,,,., , , lhink , , rtonp. oitM ",un.rrV We goods brs are comnlalnlnr
. , ' , "" """ Period uppU, K.,nik f,,,,,, t ,p gu.'rtin.riit nt hut tln. were not ng tutors. They were , instances are snnmrlie nnd not indi.m I ?. VLh n3Lual""a "r' " follows Solid-1 ""olp" goods 1)11 ers are rompUiininsr
.ttinl nliistment of difference hut of m,,t,.,l .,nt. f,,r .lepen.lent . 1..1 for their , ounti , and with hope for its ' If ,0ZnV which waselenrlv er h?r ".-iVT WrW? "? ,ll,rr""n,'M f ''""" "brings
lh . " T" W",1h: K"" ''-' ind.nsi,B ilieemenmenl liens I future. So of them weic p with " rh, ,nP,ne en n lo,er" thnn sntis" ;rrCf"jT .""""' '' ' V"" Vr 'A.?, , "f "I" ."r0 t'X?anA ric" '" by
ml ntm,,sphe,e. not so .,,. I, of ,e,P ti.-Vrfi.IMHl a wk This I no great m..ui.t of culture, but w iti, d I 0.v T JrtTw t I. tr i! "' " '" '"Pr l rn"' T' "'- ,i"' " jobbers, vary as
.nn.r, n. of ,.mnin ,eeB. ,,,, ,,,, ,,., . ,,, ,,, , i,e know ledgo. br. LL " w , I p cod -o i -V-V'Vr'r1' Mnn" "''"' ' -- I """r " '"" " V"r(I fr S,mi,flr
tio.i nn all sides of tertain fundainen- . . . n ., . -r. . . .... t w .mis inio me jon win in iiip end pro- -caro. ..mi hmurhi miHi.i.- Inies hut eun 'nnai ties of mnterinls
.... ,. n" iinemnloniieni I..1N mcp til.- ninu-ticc I he. liml nn understanding nf eeo- ,i, e nn n scale l.l,., --.-! ., .!, ' '"'.'. ei n,oiiy r i,?,,??i,i,u' ,' 'C 'l"""",s ol mnicrims.
Thi wis nernmplished in the fare nf
m perhaps heciuse nf. n rnpullv grnw-
tn nli.nc tl" IMMI.dOO
Capital and Labor Co-operate
that miM oiil. have been nil- 'n,. tn,lf n,n,ln 1...1:.,.. . e 2 r'nl.'.V" "V.l.WMk The nuotailona
1 1 !..
I," ".!. . 1 ......... present scnic ni production seem lumen- ! "ere n lullona free (nes nearl.i sir, 1 Transartlnns In raw slid ir llmlt.J
tiiiiid h. men who lecocnie that these .;,. ,.f ,.i,i f ,., ,i.t :.. r.T "?"'. u.rrent rccelm" iir. -ui .rn .. n,n,:,r"nn'1 '" raw silt are limited.
! iri fi im 1 11.11 wi tiir iiiii r, iiLir's 111 pt rn r.-ta ii ,.,. - ---'
1,.,. -.. ..1 i.. : .,., ...... . ... ." .iv;. ."""'? t.i mi
i"' "in1 i 1 iiurfiiui'iii 1111 itim in 111 - inrlimr nn lie
per iriRo
firsts
tlir recrnt upturn in prior apparently
Build of Concrete
MfLCANITEpORTIAKD MEAT Jo.
Philadelphia JJewYork Boston
HIGH QIALITY QIICR SERV1CB
Motor Truck Delivery
Lansd.'.le Foundry Co.
Ln.isdjle.rj Pr " Ln s.ilelM)
COMMERCIAL STEEL
PRODUCTS COMPANY
Manufacturer Ilprrent'iti.
Splkp Washr
Pi it
Bronze -m r '"'i m-i
Ttnnei lrrn ai m.p ' .
AH Proflu t of Irn am Mcl
Pennsylvania Building
rhonf pri.ti 1)2"
Transcontinental Oi
Caddo Central Oil
TTV have preparer! tlesrripH e nrrilyses
of the above stork atid shrill be glad to
supply copies on request.
LIE & STEEGUTZ
Members of the X. Y. Stock Exchange
:c BROAD STREET
NEW YORK
THE BALDWIN
Locomotive Works
Steam and Gasoline
LOCOMOTIVES
Philadelphia, Pa-
lLAWsi
The Thief in
the Night
I MOT anr nlclit. or r-ren flnrlnc the dar,
yniir lio-u tuny be rllted. You are pro
tected ncalnM tire ; but how about burglars?
Vim mil latipli nt them with one of our
pollrie. Thev nre not expenoli e, 3 rt they
complete the protet tion of 3 o-ur home.
Harris J.Latta
PENNSYLVANIA BLDG. PHILADELPHIA.
(l ".
I" " '"" "'' ""l '-- .,,! that the , incples of action under e ed ,np f, lre of EnE an l's in lus ' S'n ''"' ""jn.I.V, .I'SVc'rlV "?V "K .'7 A"'" manufacturer.
vend Mneonn earlier obsenations thr i,h tliPy Ip!i ,,,,,'ms rmhrnrltiB .TKI,. rv" " Won h heyond Sine eve , ".! -Th- miirkPf riMrd Blm undrr".f ,llP "n.,1e,,,1 "brics to adopt a cau-
.tnko on the t.,.r-i and the disi.ict rail- ,mn lnen must be formulated in accord- 'dreamed nf nyth.nB ccr ht orT , k i n tious attitudP ,n their buying opera-
part.aH. ,,,, the mpws of inbor. A re of !:,,"' ial.or and of the Hiit ,"""'" "ncr." POULTRY ' , " ' OOO oMA" "k"! " P! '" nCOnStn,Ct
hurried in.,.iin int.. the .o,,d,.,os f M, Mllll. , , .Maintenance nf the .oecoeMr'.iTn.nr , 'vn-Th- market ,., nulM n .., I " 'll'T,- r ""r. P nt np"CmCr:
the conl minine mdiitn had piesentp.l p,esent ,.,! .dp.-. Some of them. ASSESSMENTS TO RISE I"1""' b!'"r'' The nu.iMi!!!,'.1 if"!;;," VV (n "p-.I ' , JhP new plant
an iinnnsucrnblo -.,. for the notahlt Mr Arthur Henderson and1 . I..hnrns .. ,: ,'i;,-, ' ' " ..iK"?,, V;". I "" '-' 'l',' "' ou,,,, unrreis oi
miners ,, ,hnlr bn,s were ,, to 1W , , '.,,. ,,,,, ,,, aK,ce with ,1,1s $100.000,000 Expected to Be Added MKf n-'ri' ! Ze s apita' stTOOO OOo' ill
seven, from pitin.nitb tofpiimouth. with w and hi,n forward to an nl mate , ,. ,. ., , it , "1" ".y"""'. w'iBhiiw iwi'i lh, nniere1 i '".,,,'l'u" ''" ii . ....uu.uuu in
, promise of fu.tber ,e o to si. if s,,. ih,cd s,.,,e. Hul thev presented , . to Clty Valuation ft h..e , ,.,,,,, ...,,;ffi j " der o ra.se funds for this and other
that seemed feasible nftei some expeii- then .lews with n s.in. ness and mnder- " ,s nntlcipnted that when the real "".s . mi ;kklnn.d .mnller alS.s 31 P Xt " ' "" '
ence with th first redu.tion. Sporadic ation of p,nK..-.n,. wl.i.h. to say the f""", assessors complete their ennwiss j,,,, d0jd,n "llunner W'V'eSe '
strikes in the etiRineeruiR tunics had le.ist. mtitle.l them to a icspectf.il "' ,l" rltJ for the purpose of fiNinc. J ''"."ir "vV, V,7 ''nlr- 40 " ' "" 'nu"nc j '
been settled and -in in.pun of the deep- healing assessed alles upon which the 1020, nncsSED-rowl, ere in email eunpl. ' ,
est sicnifi. run was ,n pmciess bear- The zicnt emploer of lnbor whom 'acs will be paid, nt lent S100.- Viniit,n, 'f.dio""'!-"? nr.hl(f",f LT.',1h """'
ins on the .piesi.nn of the n.itionalia- I met pioh.ibh lepiesentntive of MMl.lHMt will have been ndded to the pi.l.ed In h,P ,,ei'Khlne in's ..! ",' I
, tinn of the .ml mines . the inns. ndnnced and liberal thinK- assessed valuation of Philadellhia real j weiRhino :n, ""apipVe ""ufj'u, '''.small'.-
I The inquin. indute. on behalf nf i"R emplmeis. I.oid I.e. erliulm. fo. estate. "'".'l.'krd""!'' i
.U. k. M !.,.. S.....I!.. .,..1.11.1,...!. is ll.n n.w.n n.Un.-.ltn nf n sU. n-UI. ;.. ! . .1'.,- l(i. , ,Bi i" , . Jb, Vi'i'.1" r "t.iere
head of the miners' union, had partaken lin'" ,, h.uiiiR 1 cm lied that conchi- jl . .nmpleted in the autumn in ' Molly's .lerse." l-.fi""''".;,";; ' '
somewhat of the spnrtinc character nt i vin "nl because Im .p1icps labor will , timo for appeals from assessments to i,V''M.i'n'd "v"-1.11 j"Er4',r nuinirdu.ke
n I'uio or Stnnle innuiry, but it was . necnniplish as mil. h in s. hours as in be nrtP, po before the total must be I "eichmll 1L1 il"Un.r'doPfer. t,nff ''., '
strikinc nt the ,-rv loots of the eco-' ""''' rkins peiiod, but he thinks sported to City rouncils for the pur-jwoM do ,Bdo B wViVhlnc's Thr, ","rn iI 'n
nomi.- th.or. of pinpertv rishts. Land "idusln must iim. its mn. hinerj to n I ,,0se of fixinc the tax rate. m "''' J A',a , """hlnc 7 II,- er doz... i
owne.s who- tule .lat.,1 l,n,k to ro,nl Bi'.ite. ndwintiise than keeplnK it em- , inCrrse of nt lenst 10 per tf" lVrk 'tl "nh:"'',ii I
Rrnnt made in .he fourteenth cen- '"' " wi "f l" 'VV'n'T -cnt is iTkolv U is sai.l TliK n ' " nC,$L'
tnrv were b.m- ihsti essmel. ....H...I . hours lie tlierefo.e. concludes that i"-"1 ' """1 ' ll ,', """ '"' ,n roreu pmii-rc
t.iM wer. Imii, .i.sti ess. K, K11i,., .round fiRures. woiihj be nbout ?1MI,- r-KESr, FRUITS .
public as to win rmal dispensation ill "" "" , ot ... """,s a ,ln I,rcveIlt -,() 0f,fl the total assessed value of real ..,Ih" m,'lr,rl wa" ""'"t n"ln " wt ...
the thirteen hundreds entitled them to the ultimate snlutmn. '.;'"'; i.; ".' ' n" J rie',n,,v!:r',.rr.,:rj:'!"-..':.i.ote I
,....,.. . ... -...',,' ........ s. .......... .... '...,,; - .. . . "' ' .. -,. , .. i-.in- ,
I I
lerr trihutp on evcr ton of coal tinl.iv. ' ndcrstandinK Is rlctter
when human beings, who happened to I cannot but believe that there is still
he miners were left with a division that " K10'0 ,lia-'- iof '''"'' thought in the
gave them a share in the profits of nn "mploviiiK classes It is certain that,
extremely piofitable business wlih li I l""lllh speiikiiiB. eniplnjeis nic thor-
i ourih. nwiiKc 111 ine neiessiiy ior inn
for the current year, being about
1.80.1.000.000."
l'articiilni- attention will be devoted
by the assessors to localities in which
sales have been active, and prices have
: mm '... i cone un with nhenomcnnl rnniditr anil
II. 111. its i in fie a pond rle.il of n.one ' . . , .,., . f,i nn nnnreiedenteilderr.ee
bv purehaelnc donr window frmne. l Ollsi lousness of 1 cspol.slhlllty for 1111- l "" ""I" " "ll nun negice.
ens i.K- mouidineK Ii.ih,. i e....il.,v mei.t. 'I'lie inib.str.nl tl.eo.-v tlmt J ii the last lorty ears flie average
r Jh"1 labor is ii commodity to he bought when annual increase in the assessed value of
wanted on the best terms that the bai real estate in tins city lias l.een between
gain .'in be made is disappearing. Th
idea that there should he a genuine est increase having taken place in HUM
minimum wage, ai.ing with diffeient when the
east., door jamb-
klti hen rlresiers. woudon ctui.ru
I the surplus null-work on (he ,mr,
l-MTEII STTI HOI sim, conn IISA
TIOX. it IUhlehfin Pi ro r. .illr. tl...
slsnlfleance of thi- -ppnr(unit 0i nujt i ill
in person and look ,-er the mHlfrl-i!
Thoe who dMr -n tn.ike written In
qulne. addre.s M Ilrooki. t son iinr.ni
HIE 30 Chun h s. .s-,, v,,rk i-ili
II. HKIMlKs A s).
VTAKI'IKII si; o n
ni:rm,hiii:M'. i-'.
...iuuih-s western permits 51 T.-.lffa .",0 do
southern, per elate $iffl-. w atermel'o.ie
FU '. pTIr!lr- l"0rnj-i hlnrkherrlif, pe.
"tS"r,1,iV","i-, W(l1" (!d lr int. II
r'f-.id huckleberries, per quirt ISffr'.'.c
ra.pherrles red per pint TW1.V lemons'
-.' "" ei ,. ,.,. oranices. Cal
bo IJ L'ot. .". ,"o.
per
VEGETABLES
Totatoe- in small supph and firm. Cah
baue loi.er We quote White potatoes, N
l- .per barrel No 1 ir, .-.llHrfl ".-, Vo
- ..inrr.1 s.i- while potatoes, ijimtern Shore, I
m, ir barrel Xo 1 iilflT No. 2. .'.it ,
Kn.OtlO.OOd nnd S.12.000,000. the great- I NV ',' jVen r.'o .'' No" vIW"ZhYr'- I
ta.oes .lerse p( r bakil N"o 1 Jt Infil
foil vi.lue" sislon. of nssess. I ' '"' "" V t'."':. '.'""V- calm. Re,
.' " ' ' ' pri limn I. i ii nt I ',
onions, N
Pa
J , )f r
$6,000,000
Sloss-Sheffield Steel and Iron Company
Ten-Year 6 Sinking Fund Gold Notes
To be dated August 1,1919 To mature August 1, 1929
Total to be authorized and presently issued $6,000,000
Interest payable February and August ist, in New York City, without deduction of any tax or Governmental charge
(except succession, inheritance and income taxes). Coupon notes in denominations of $i,ooo, registered as to principal
only and interchangeable. Redeemable at the option of the Company on sixty days' notice at 105 and interest on any
interest date.
Notes for Sinking Fund will be retired either by purchase in the open market or, if they cannot be so purchased at
105, shall be drawn. Notes acquired by the Sinking Fund will be cancelled.
'nia'ities and (iinilitliins but applicable inent superseded the method ill vogue lweket. Jl .".og-i uu
to e crv one, is gaining giound therefoie. In this jenr assessed al -
I uipliiMMN minds nn beginning to ues jumped more than .sl'.iO, (10(1, 000. LIVESTOCK QUOTATIONS
! Chlincn, July 22 IIOTJ.S neeelpts in.
1 000 head Htrontr nu.sllv 2."tTrOt. hiirher
IC Z'V "TTT'vriri HKfHI
a v 63,1 i n .? mnsB&ffigfflmi u
9ffiEHimr Hs? - '. it1 Li&m!.3(i4te i?awBmm
1 ;JScTWi3ss--Si.'rt xSSSiM amtJJ'sSOaaSU
IlliI..Ii"iii7sCixI.JJ "' " F.S
1 1 NMVp
1 lop.f-il "UlK. Jl (Kf(1JL"0 liPav ttPlcht.
llelit eiuht $21 ."OWi';, UBht Mchts J20 75 !
' , r,,n n'l,,v Psicklntr sown "-month JJtfti
Ll 7 i Pa kin ir sows, rmifh 'ii "".! n
pip JSOti 2 "
CATTI.K Itereinli "1 nfin hnt..i Di
Peef stf r mcflluni n no" hea elr-nt
i rhnite nnd prime $ 7 ft 7,) mod turn and I
pood 12 7rt? 17 s-onintnn $iu T,0H2 7".. '
I heht wolnht pood mid rhuhe, $14 7."i?i
ii ". Lviiiiiiiuii nun medium -i i.iqm 7,1 1
hutcher cnttle heifers $7fPl!S0. cnun 1
J iniH f." lannfrs nnd rutter r noffi' 1
fl 7" cri caHes. lipht and hnd weight
JlhTf is ,"i fefdor (-tecr $S 7T ft 12 ,VJ
Btorker Pteer tT 7ttfl ,"0 western rnne-e
beef steers $J0Ki cous and helferp $K ,1n
"712 7.
SHI;KP Receipts 22 r00 head Btrnns I
Iamhq M lb down $14 7."(ft 17 7." 1 uIIk 1
t and common $! 7. 14 ,10 ejirllnir wethors
iln J(ii7 14 oupp medium sond nnd dinU-e j
i -.ijjv .1" chub pnn inmnion .jfu'o 7,1
I'Ktbiircli, Julv 22 HOfJS Tteilnta. i
fi -rliv 4ooi?,ft.i;n,,R1 Hea $22. & deceuHed I-etters testamentary on
5I--.',1- nilxeel $22 HUM 23 heHV. iorkerH. thn nhnve estate havlnir l.een rr,t K
undersigned, all persons Indebted to said
estate are rrqueBted to make pajment, and
Is Your
Capital
"Dead"?
Remember "It's no
use waiting for your ship
to come in unless you
have sent one out!"
The General Rules
ior Trading
are clearly explained
in a free booklet which
we will mail to you.
Gives commission
charges, deposit require
ments, etc. Tells how to
put your surplus money
to work for you. Ask
for No. T.U.-499.
JONES & BAKER
SECURITIES
Widener BIdg., Philadelphia
Phones Bell, tralntif 6063
Keystone, Race 2290
New York Detroit Pittsburgh
Chicago Direct Pniate TCtrrt Boston
T.lir, M. AnVKRTlSEMENTE
ijrc? liVTATK OF THANK W. MCNN,
t-:s deceiiHerl Letters testamentary nn
.l 4llJ3 nil lisht ..'2T3S23 I'Ibs J2 Si)
f't -'2 7.". jnekers $14.20
l-Tri.n Iteielple. Inn l.eail Sle.idy
CaUes netelpts 3111) ha.l Slow Jltl
SHlinr Heeelp.e ,",0,) head Stronc nt
1 1 1 ll Lambs stou SKI 51)
Central Union Trust Company of New York, Trustee
For information regarding these notes, reference is made to the letter of Mr. J, W. McQueen, President
of the Company, which is on file with us, and which is summarized as follows.
The Notes will be direct obligations of the Sloss-heffield Steel andIron Company The properties and plant of
the Company, aggregating in value over $25,000,000, are free trom mortgage or other encumbrance, with the exception
of an issue of 52,000,000 First Mortgage Six Per Cent. Bonds, which mature February ist, 1920. From the proceeds of
of these Notes $2,060,000 will be deposited in escrow with the Central Union Trust Company of New York for payment
at maturity with interest, on February 1st, 1920, of a like amount of First Mortgage Bonds. This will leave the
Company's plant and properties entirely free and clear of any mortgage or other encumbrance.
The balance of the proceeds will be used for completing the erection of th; Company's by-product coke ovens, for
building a central power station, for electrifying the coal and orr mines, for the acquisition of additional ore properties,
and for other general improvements.
The Trust Agreement under which the Notes will be issued will provide, among 'other things, that so long as any
of the Notes are outstanding the Company will not mortgage any of its real or personal property (except the Company
may give purchase money mortgages and in the regular course of us business may pledge its current assets, etc.,) and that
the Company will pay the sum of $300,000 annually into a Sinking Fund to be applied to the purchase and retirement of
notes at not exceeding 105 and interest, thus cancelling approximately 50 of the total issue before maturity.
ASSETS AND EARNINGS
The total'net tangible assets of this Company on December 31, 1918, amounted to $22,927,542.63, of which
$4,024,813.49 was represented by net quick assets. Notwithstanding the curtailment of the activities of the Company
due to war restrictions, the profits for 19:8, after making provision for estimated Federal Income Tax of $1,000,000, were
1,972, 071.88, or about five and one-half times the amount required for the payment of interest on the proposed issue.
We'offer these notes for subscription, subject to allotment, when, as and if issued and received,
and subject to the approval of counsel, at 97-M and interest, to yield about 6.30.
Subscription books will be opened in New York at the office of Goldman, Sachs & Co., Monday, July ax, 1919,
and may be closed at any time at the discretion of the undersigned without notice.
The right is reserved to reject any subscription, in whole or in part.
It is expected that temporary certificates, pending the engraving of the definitive notes, will be ready for delivery
tbout August 4, 1919.
Ml legal detail pertaining to thlt iu will be patted upon by iletirt. Steinkardt j- Goldman, or the Bankert, and Motrt, LnrUn
Terry, tr tho Cmpang.
Goldman, Sachs & Co.
New York City Chicago
San Francisco Boston
Wo do not guarantee the statements and figure! presented herein, but they are taken from source which we believe to
Im accurate.
Science
As Scientific as the
Human Body
It is just as important for every part of a Heating Boiler to function
properly as with the human body. If one part fails, all other parts
'""' Weil-MfLain
B O I LrB R S
lepresent perfect boiler service at low oneratinE cost.
applied to home heating produced this wonderful boiler, which will
give you scientinc combustion.
Write today for our
new Scientific Combus
tion Booklet describing
this boiler or Ste the
complete line on dis
play in our show
rooms. JZECxBSOSiCo.
Plumbing and Heating
Supplies
DISPLAY KOOMS:
11 to 50 N. 5th St.
506 Arch St.
1 KnlKlK t'li. .Tulv 22 IlOflS rteceiptp,
S000 lie.nl Illchr Hulk JJ2 ."01 s. o
I hea.Iee $22 Tufa 21 10 medium weights
S22 C5(3,21. liKl.le $22 .MI'S 22 no. Heht
llKlits $22O0f!22tu naiklns sows $2175
S22nn pigs JKWSI .',0
I'ATTI.K Ileielpta IK'On head Hlclier
, Hea beef steers i holee and prime $111 H"
-U io. Ill ill ll l.l 11. ,1 KUU, ).l I,,,;).
thne havlnr claims to Dl-esent the anme.
without dela, at the office of the corporate
10S -South Kourth at Phlla
LVxerutor. 101 Ohentnut st . Philadelphia. Pa.
Till: I'ltOVIDUNT LIKE AND TRUST
COMPANV OK PHILADELPHIA.
ASA a WINO, President,
and MARTHA E MONN,
Attorne. s Executors.
LR.WIS, ni.Ert X LAWS.
LOST AND FOUND
I common J1213 r.rt. tiht eiBhl sood n'mi , IinOOl'II !.ost Wednesday Julv in at Car
.0K',-.,ir71?1.7 .-' n!"n anil milium My .V J . one oval diamond brooch. r
$fi f,.-,14 Ml l.uicher iKttle heifers $n II.-I Inard If returned tn J L" Caldwell a " Co
I Wl4. cons $ 3 .( 12 2.. . nntiers and cut- , Juniper and fhestnut eta
hS 'SeVan"." $12 7''l tnr?eeer teeTe" I '.W Tont.n ,5." Vdnn!,Uck """'
iintfi n '. Hinrkpr mi r tr -.n tf? 1 m 1 collar. contHiiuniT ui nlamonds and on
"SHnBrReJSjw'. SOon 'h'.ad-In'Oier I FTtm" e'S"' f flEr.1 ttliafS1 ,h"
! lVVZ-l'. ","nJ7-.&n;.,."7,'i' i"on. "asked ' ',? r.'.L'SKa KV'alg
, JS!-("tlW re"keS. lull, nn,l'(o!nn?on-. 7i i ' "c" & Co Jmlp" an" ''""tnut St..
tjuBR hreeiiinir ewea S1 1 7 17 feetler hmh I -
91391S -5 BoatP. nonp. $4 ."HnffS.
H B liiiH ft f?iiCiHul
139 141 Frdfral Street.
Cimiten. V. J.
'-"e e Njllu
il0JJ.?J ml
I c !y fnsj
HExSK
Lehman Brothers
New York City
KP.SM.I
PHILADELPHIA STEAM HEifflNG COMPANY
ENGINEERS & CONTRACTORS
FORTHE COMPLETE GENERAL MECHANICAL EQUIPMEHTOF BU1LD1NC3S
, JUNIPER and CHERRY STREETS
Heating Plumbing Ventilating
General PiplnWork Steam Power Plants
Sheet Metal WorK Repairs
Yllways at vjour Service Day or Night"
, South Omaha. July 22 HOOK Receipt
10.0(10 head earlv sale on mixed hogs 25
fT-lllo higher Aerage cost j.esterday
$:21 .
i ATTl.K Receipts 11 .'.On head
SHEEP Receipts 2.-. liOu head
I Bat "t. Lntila, M lulv 22 HOUR Re-
, lelpts. 12,000 head Higher, top. $23f,.'i,
hulk $22 2.119.23. medium eluht. 122. 3M
I I 23 Id lltrht welirht $'JJ -, .'2 fit), lluht
lights, $21 W22 ..ii neav packine sows
smooth $20tf?21. pnoUing sous, rough. $18
I 020 nigs $13 SHW22
CATTLE Uwelpta '.lino head Slead.
beef steers medium and heavv weight, me.l
lun. and good. $12..'.o5J HI 7.'i. ommon Jlllft
12.10. iightweigni, goou ana choice. si2 ..oar ,
10 25. common and medium $1013.10
butcher rattle. heifers N fall. 10 ioks. '
,$7.10312 ennners anil .utt.s U ";,7
veal eatcs light and ham), weight $11 2.1
I17 .10; feeder steers. $M811. stucker steeri,
J7 2.1lfilll 7.1
SHEEP Receipts. 10.001) head l.oer,
lambs, 84 pounds down $11191117.1, tulls
and common. $.1011. yearling wethers. $10aT
11. ewes medium and choice. $S 5()U,
culls ana common, 93.11 u.
Pittshurgli. Juh 22 HOOS Receipts
10O0 head: hlRher Heavies $22 .1II22 Mi
hfnw vorkers $23 MIA 23 hi), light orkers,
$23T21 21. nls $22.1.1823.
SHEEP AND IAiins necelnts. 800 head,
steady Top sheep $11 top lambs. $15.10
CALVES Receipts, 300 head, steady
TOP, JIM
PAIGE EXTRADITION NEAR
-ESTABLISHED 1670.
New Y&rk Expects to Get Papers
From Harrlsburg Today
Kxtrnclition papers for Edward Knrle
Paige, arrested here ami Indicted In
New York, for the murder of his em
ployer,, Gardiner C. Hull, on July 11,
are expeeterl torlny at the ?sev York
district attorney' office,
Governor Kunyon, of Xew .Terhcy,
honored Governor Smith's request to
HELP WANTED FEMALE
A.MII1TIOCS YOL'NO WOMEN
LEARN A PROFESSION' IN A
SHELTERED ENVIRONMENT WHERE
OIRI.R UtE SELECTED FOR THEIR
I OlIHTEM' ABILITY AND PERSONALITY
THE AAinlTIOl'S GIRL BETWEEN
16 AND 2.1 HAS GREATER OPPOR
TUNITIES FOR ADVANCEMENT IN
TEI.El'HOVE WORK THAN IN ANY
OTHER LINE OF WORK
APPLICANTS ARE PLACED ON
THE PAYROLL AT A LIHERAL SAL
ARY THE DAY THEY ARE ACCEPTED.
CALL TO SEE MISS RYAN ABOUT
THIS INTERESTING AND PROFIT
ABLE EMPLOYMENT ANY WEEK
DAY. FROM II A. M TO .IP M , AT
11181 ARCH ST.. FIRST FLOOR,
THF. BELL TELEPHONE CO OF PA. "
BILL CLERK Experienced bill clerk an4
tsplst familiar with Underwood machine;
must he quick and accurate at figures. Apply,
giving particulars of past experience and
salary expected P 314. Ledger Office.
BOOKKEEPER, to assist In bookkeeping:
department of corporation In northern
station of city, one who can do stenograph's
worn preferred, state age, experience,
arv expecier. t' up.i Ledger un.ee,
CLERK Young lady for general
fipme cost intent experience.
flgureaj slate nee nrevlous emnlnvm
salarv desired. "N-.12." 1 O Box SH.
.
FORELADIES wanted, several foreladlea
with experience In handling female cm
p1oes In the confectionery trade wanted In
the wrapping departments of an out-of-town
concern manufacturing- an extensively adver
tlsed product Reply ghlng full expert
ence nnd salary received, M 132 Ledger
omre
nee. -
t office wofH
accural at
iloyment assl
U1RL for general work in mill reatauranti
good wnaes and steady work. AddIi.
extradite Kciward u urien, who whb In- """""" "l'a -'"" M"f.
dieted with Taige.
IGIHL wanted (or light factery work.
r
'4
"G5
emoroiaery Co., tvo nsinui si.
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