?. 'r
$&) ' - "i -''ja
1
EVENINGy PUBLIC LEDGEKr-PHILADELPHIA, WEDNESDAY, AtlGUST 20, 1919
1$
M
u.
-..?" Sff-,,'
1
roANCIAIi
Bfriftnptlnn Netlcc
JS5t NOT1CIJ 01' HKIHUH'TIIIN Of Wllr
' MINdTON HTKAMUOAT COMPAN
FIRST MOtlTOAdK B MOLD llO.NDH
listed Mar lSth, 1009
Ndtlc" Is hereby nlvtn that Wilmington
Steamboat Company, a. New Jervey Cor
poration, lias eleclM and doth hereby elect
t. redeem nfid un October 1. 1010, will re
deem at par. all of Iti nrtt morttaee i
Itoia Donna now numisnumi unuer ine mort
BRUNO DUKE
Solver of Business Problems
By Harold Whitehead
(Copyrluht)
ocal Bid and Ashed
3i
1 Amer Ship & Com
Amer Store
Baldwin toco
jirlll J O
.nurr nua
tin oref . .
Cramp tr ctfa
l.ircirir Biora
Tola
Ulil
3'i
,1004
S3
70
III)
mains unaer inn mnM. ..- . . --.-.. cij-,i.
-."" -.:...; . . r -. -----. .- iniai 'rni-siK h .iiiuirr n, 1 , ri; ini.
nf the Kirteemn unv or Miv. mini t . "w .., .. . ---
The Equitable Guarantee and Trust Com- mill' rnnl mnunr to which KolrT. ttl ,0ncrnl Asphalt
pny. an Trustee. Ly depositing with sald'r'm' c001 maunrr 1D "'" "r win fl prtf
trustee lor payment to the holdsrs. Ih. ' X ,,,, i .tl.iiinni! amtieeliT. Krtnr, Tel
amount 01 me principui 01 saia ucnus, and, ........... ... Tl. no pri
ir
l aaemtaj UMIIUR, rU ) . .-- - -- - - . till ll .. t
ft Provided un th nnfn1 u-tinn Mi nnnffwIPM 1 0 Srnnthtircr f A.lt h Sun Cftm
.... -,---,. -, ' -- S. .. 1 '.r," viiu " - -.--.- , i".-:.--,- v. - --
XaCD OI B.u ""nu. Ain uviuw! t a.W, .i..t ..-. ..1.111... 11., I... Tlrtitin TVil- ."" 1K.il i
th.ir hnnds wiih nil coupons nntirrta n tic
theretn to th tn.J truBt nnd rclvf ther
for PnMncnt of the principal of nald bondu
nd all Interest duo thereon to Iho data of
EQU1TAIII.K TRUST TOMrANT. Tru.tee,
P.ted AttCUSt i
Wllmlnaton. Delaware
into
Turk nwy
do pre f .
Ex dhldnd
J ori'icB oFnTuiTsuFEinFrliSIiEST-!)? anil there I saw Harvey holding down
Gorridge, while the other detective wns
Kitting on the floor propped against the
all Interest due thereon
was heckled no nklllfull.v by Uruuo Duke W M 7JY
Tha bonds, tnaether with oil Interest rou. fooled me romillctelv. I roll d not be- Lehuth Val Tr
pons arpertalnlnc thereto, should be pre. ,",cu mc imiiimw-io. , " . ,. do pref . ...
tented t the raid trustee. In the City of i llt'VC that tl man In the desperate Pltua- rnna. R R ...
Wllmlnaton. Stato of Delaware, on or after inn i. fnn,l himself collld Oct In ao'Tfilla KKe
the above mentioned date of redemption. uon "c lounl' iniiinn luuiu u v ,, , I'hllo. Co
Any holder or holders of the said bonds uourhalnnt a nionner if be were really 1 do R p c pref
deslrlnc to do so may at any time prevlouj ,, .. --I-.. do (I p c pref
to the First djy of October, lulu, rrrrent giMltS' ot crime. P It T tr ctfa
Foley lind Jum congraiuiaxen iiiKc on Kraaimr
his Bliillfiil handling of the cnte and , TSSoKh ."in .
was walking toward the door when Uinion Traction
there wan o pinioi sum; b scmmi ,n 8 sirfi
areenttiated in the almost ueserieu
building until It oeeraed a regular
fusillade: it startled all of us.
The shot was followed by a shout of
"Hold 'im, .Tim," a thud, a scrimmage,
a gronn. Micnce tor n scconu, men
Klor told
the office
mon stockholders of record at the close of . ttl v.hlcli Duke, Foley, Purvis and I
business Auiust 51. lnl. ,,ll.,
vii.i.iam ltr.iwr., 'iressurer. m-i- phiuiiim.i
"Mike!" the name was shouted as a
command and to the amazement of
Purvis the toilet door burst open and a
big red-headed Irishman rushed past us
through the outer office where he col
lided with Staatburg.
I raught a glimpse of ,the corridor
Dividends
AMERICAN rOWKR MOHT CO,
71 llrnadwav. New York
COMMON 8TOCK DIVIDEND NO,
The regular quarterly dividend of one per I a B""- 01 curr mr u .
rent. (1) on the Common Stock of the ' footsteps racing along the corr
au&nkU two people running tounrd I
A MF.ETISO OF Till! HOARD OF Di
rector of I.lt nrothers Corporation was
held Auffust 1st. 1010. when a emtnnnuM
dividend of S and an extra dividend of
V4. vaa declared to all stockholders of
record on August flth. 1010. pas able on Au
tust 20th. loin. Checks will be mailed.
Pronosnla
S2
. 71'
107
l.i
ii's
ip
. is
. 14
. -'
. 24H
81
2 ,
. SI
SSK
. 7.-.
. '(
. 3R
. '
OS'4
3li'
n.
da4a
mi
ss )
S3
7!1
110
l.-.'4
VI
ojij
$h
as
11'.
3D
30
3.1
Wi
7114
as
3
.1114
3S
Ycsterdar
Did Ask
MONEY-LENDING RATES
NEW YOKK Money orvrall. mixed
collateral, opened at 4 per cent ; high,
"ft
314
3-'t :,J!
1M1', HU't
18 .11
111) 71
sn r.j
ISO 100
74 7H
111 11.1
1.1 t.1l
r
25'1 -'.'.
OS (IS'
4S't 4S
14 17
ail .
ill! i?l4
Ull Si)
HIS 3.1
J1V J.1
7fiW 77
3". 31,
'.'In 3
3S 31'.
us nsW
101'4 loiii
30 81 if
CORN TURNS ERRATIC
nrr-r-r AT-rn.m ithpiT I'Ol
ttr r-K S K . S MK .11. low. A. ,,. lit closed. VM, and tl
I ruling rate. 5 per cent. Industrials
i opened at 41-, per rent; high, fi'i ;
Fails tO'lou'- 1VJ,: ,n,i, ''i floaed. 1 mid HV4 i
I lining rnir, i j per crm.
Tlie eauler tendency In the money
market continued today Time tunas
were In fair supply at the fl per ceut
figure quoted yesterday on both mixed
loans and industrials and demand ws
not urgent.
Prime mercantile paper is BUS"''
per cent, with a moderate local Inquiry.
Bank acceptances of the first class
QFI I IMP ItlfiWITIWIirrAIT lfor "e7""1 ,v,,kl, nnd that the on
OtLLIINU IVIUVLIVIlInI cotton going forward is on old con-
I SENDS COTTON DOWN
Rally in Early Trade
Hold Oats Also
regular
Declines in Foreign Exchange
Rates Responsible for Break.
Sentiment Unsettled
' tracts
The close was finally steads at a net
decline of ."S to (i." points.
Vest, rday s
, close Oon Hlsh I.ow Close
Aurust 30 40 30 10 . 'SO 7S
fieptemt-'r 30 13 30 31 ! 01
' if lober 30 SI 30 S.I 30 SI 10 07 80 27
Decembir .11 00 30 01 30 90 30 S3 30 27
January 30 oi 30 00 30 so 30 20 80 37
March 31 00 30 71 30 70 30 30 30 4H
l.llav 31 01 30 77 30 77 30 42 30 1
Hid
LIVESTOCK QUOTATIONS
Chltnro, Auc. 20 --HOGS Receipts. 11
ORAIN' nr.LT ITIMTHER FORECAST
Chlcnrn. Aui. 20. Illinois Showers to
nlcht and Thursdav. probable f'.llowed bv
clearing-, north and west warmer lonleht
Missouri Thunder showers this afternoon
nr tonlsht. cooler tonlsht: Thursday fair
M'l.consln Showers tonlaht ist ano
south fair northwert. Thursday fair and
cooler Minnesota Fllr toflleht end
Thursday, cooler tonlTht Iowa Unsettled
with showers tonlsht. extreme east;
Thursday fair North and Fouth Dakota
Fair tonlsht and Thursday Nebraska
Fair tonlsht and Thursdav Kansas Fair
toniEht and Thursday Montana Fair to
nlaht and Thursday IVvnmlns Fslr to
nlsht and Thursday
Chicago. Aug. 20. The corn market
wns erratic today. A stronger start.
cotton nr.LT irnATiiF.ri conditions
New York, auc 20 The followtn tem
peratures were recorded In the cotton belt
this mornlns Knoxvllle nnd Nashville,
04. Vlckeburr. Jracon. Auusta snd At
lanta. 7(1 Shrevenort. Mule Rock Thom-
SSVllle. Savannah and IVItmlnfflnn. 75.
were faiornbly influenced by the current1 San Antonio. Fort Smith Memphts. New
...i.i... iiaiirBinii biiu mini'., n itn
sacoia ana Jacksonv le. Til corpus
low rates for call monej.
runi-ic (.ROUNDS AMI uuildino
OF THK v.u.ii.ii.i ii cvi.iii ur rtciSTi
SiXVANtA. OArlTOl, DUILDINO. IIAB-
nignunn. rA.
NOTICU 10 CONTRACTORS.
Sealed proposals, accompanied by a check
en a solvent bank or trust company, duly
certified by a, proper ojneer thereof, in the
turn ot Twenty-live thousand (126,000.00)
dollars, as a proposal guaranty, will be re
ceived at the office of the Superintendent of
Publlo Grounds and' Hutldlnse of the Com
monwealth of Pennsylvania, at Harrltburc.
pa., until ten a. m. on Tuesday. September
18. 1B19. for tho construction of the aoi
felVcRS AND SAIIX1RS' MEMORIAI.
I1RIDOE alone Capitol Fark Extension and
State street. Harr shurr. Pa.
Specifications, plans, proposal and con
tract forms ara on nle and can be seen in"
the offlce, of tha Superintendent, at Harris
burc. the offlce of tha Chief Enxln.sr in
fialtlmore. and tha ofrice of the Architect in
New York, and contractor may obtain s.ta
ef tho same by depositing 1100.00 tor each
et. with the Superintendent. This deposit
will be. refunded upon return ot tha seta
wlthdut marking-, disfigurement or other
damage within ten daya after the award of
the contract. The right Is reserved to reject
any or all proposala or parts thereof.
fir order of the DOARD OF COMMIS
SIONERS OF PURl,IC GROUNDS AND
gOII.DINGS. COMMONWEALTH OF PENN-
rJV.AMITCHELL. T. W. TEMPLETON.
Secretary. .... Superintendent.
ARNOLD W. TJRUNNF.R. Architect.
101 Park avenue. New York City.
J. v.. ORF.INFR co...
BratTieee Fidelity TIM- p.ltlmo-.. Mrt
head Uneven, hut mostly 2.1c higher m-IiI. ..,!. 1l,u,t ,o follnu-efl bv
than esterday's-Renernl trade, Top J.M "" "
n;w"hiMfw sV j iiSbt H5e? 2i" i'"-"1"""! Pressure under which the mar
f'o'S Vi?iyU,.8.Wtfl?j-6' ,rt "-eakened. influenced by further
rKaTyn'ers'Tna fu'fc'h.rfe . ere losses In foreign exchange. Sub-
WgWA'tM&op' thPTP wns " shar11 all5' but
?&rAaW?-tffit "BiirM ore not held. Commission
lS''cUonln,,SWn'd8mted,,unn0,! lVSol0Mft?r .h"" Wr b" Bt "m";
?nivers",ein7r,oonRnO ,'0!nmn " " "-Traders were nervous and the volume !
u&Edr'S2.iC ?$&? PSX M was moderate.
to city butchers. 117 2Ji nctl-sl top 117 M. T) r(,0(,jpts wprp smai , offerings
,, aLarlv In sh.ne lOW CT. SlH PSIll i
to side In evident aeouv. ior irom nia ;i u'a.risn
lrlo trlcklerkn stream of blood. I SHEEP AND. ' I.AMB8 Receipts.
PHILADELPHIA Call, r per
cent; time, ry, (5(1 per rent; commer
cial paper, three to six months. 5fif
5V4 per cent, and six months 0 per cent.
LONDON Money Is nuoted at 3'n
per cent. Discount rates, short bills
3jVfft3'4 per cent. Three-month bills.
Sheep stead. feelers, strone: feeder inmbs i fr0,n ti1( rnnntrv were light, but
i s.i.
weather and crop advices were favor
pnt.hnM.1, aff ?0. llOOS Receipts. .
11 iti.. i i .. -- in- rnm al.ln sen ui.i... tftt.t. t?0 7.1eT21. heavy ! nhle. Tnherotit fttnoilltv in the castl
vuii. giii m-uu "I""! " " 1 -"b -,.., Iv1 ii,h vorkera and I ',,,,. .. ""I ul. ,u. u..ti. iRoston
i-i- i . .ia Hne fmni h v i"'"4'"'. -i.'2"T -" --- ,nn r n wns wpi iinnn nv mr uuim. . v... v-i.
flOfl I Ofia nlen tvnro .rrPlllnr. DpilHnES IM lladlnhU
'....... .. .v.. ...K.. ,. h. .iHr.rii d HHnn
-.. ,.,..,. cieaay. ion sneer, in.-o; iup tniuun. .. .. . . ,,.. , ., .. 11. 1., nn- nnn-ntnru . '" "".
JUKC grabbed MUiatDUrg SO VlClOUSiy CAIA'ES Receipts. 187. Steady Top. '" hihmi.i nmu. nun mih'i "l-""'-- Cludnnil
ii,.i ...iii, . .i,nri r,,nV lm -ivllteil Th : 22 no . active on both sides of the marKei. r.x- Atlanta
l.... ...... - ...... .. ..v . . ... I
F.n.t m. I-onla. III.. Aur. -HOOS- Prl projects were untavornoic. .u
Receipts, sooo head Hlither Top, 2I JO. ' to the drop ill foreign exchange.
niiiK. i!o.ra:.ai neavr ireissi. - 'jr. Tmn o,v ahnn-ed nn imnrovcment.
Reserve Dank' Discount Rates
Official discount rates at the twelve
Federal Reserve banks were as follows:
(The first column gives rates for all
periods up to and including a fifteen
day maturity : the second for a period
of sivteen to ninety dns. The third
and fourth columns give the rates for
rediscount of collateral loans secured
by government bonds or notes.)
Coro'l paper
in to HO
u
1
t
OFFICB OF TI7K 70N" Srnpr.V OFFICER.
17th nnd F St. N. IV.. Washington. T. r.
Sealed proposals. In triplicate, will be
opened at tho ebnvc address t 11:00 n. m.,
September 2. 1010, for furnishing- all of the
matcrtnls nnd libnr necesiary to resurface
all of the urper nnd lower driveways
through the V P National Cemeterv, Gettis
burr. Pa., Including also certain other work
as shown on plans r-2S.3.dated Auirust.lOlO
Plans snd specifications msv be had upon
.nnllc.tlon nt this office Proprsals to he
rrreoS. inHS&' ee.rV MSSSWS " "n into some one.
FOR RnD RCI'AIR iviiHh, r; 1 1 -. urij
TTSDUP.O. PA.. NATIONAL CEMETERY."
and address to the Zone Supply Officer.
TVMnn D. c
next second I saw the glirt of steel as
Mike began to handcuff the snarling
Austrian.
Then the action switched to our of
fice. Like a flash Foley jumped to the
door dividing the two offices nnd turned
the key which, fortunately for hlra, was
on the inside of the door.
"Help out there!" I yelled to the
other detective, who I knew was In the
toilet. Duke made a grab at Foley,
but Foley was too quick and slipped
past him. He came straight for me, but
just before I could get within arms'
length of him he ducked and with a
wicked jab with Ills left foot, gave me
a kick In the ankle. I heard a crack
and felt n stinging, stabbing palu shoot
from foot to thigh. Then I tumbled on
the floor, for the blow and the pain
overcame me momentarily. I quickly
struggled to my feet, when the lights
went out and the whole room became
inky black.
"Damn !" 'I heard Duke snap. "I'ur
vis. quick; wherc's the switch?"
I was groping along the wall lor It
roicy, l
thought, and Instantly clashed with
him.
Down we went.
nis e. .i.i ,n TltOlfl on. Tht
weight. S20 50O20.7.1;- light lights. Sly threshing returns revealing light weight.
20: heavy packing- sows, smooth. 17ris.
packing sows, rough. 15.00ftl7. Pies, w'
("20 .. . : r,. l Tt ' 1.
CATTLE Receipts, oonil neaa. "-n'r- Financial DrlfSJS
O'ner-
ally steady. Peef steers, medium and heavy
weight, choice and prime. H7.00a,lR.f0:
medium and good. U217.S0i common.
sin. 1,112. light weight, g-ooa ann cnoice,
Albert C. Hucker has purchased a
ll,-',-ia y. Hgni WriKHl. KOO.l III,,, l""ivr. I - - - -
r.'i7: common and medium. 0. BO lit 12. New York Cotton Exchange seat for
VmoT cV'nners'Tnd "cu'tlfr.'' I.io": $21,000 from William Mitchell, making
val cAlves. light and handy weight. Jl.iW the fourth seat the latter has sold. The
l?e?;Y 7tio """ " 50S,2-nn! B,ock'r I last scat brought 523.000. but the two
SHEEP Receipts. 7000 head. No sates , previous sales were at $24,000, which
I is the record price.
Knst nnffnlo. N. V.. Aug-. 20 CATTLE ,
r.eoeipis 700 neaa, emu i-aics. ret-eiius. , T. 1.i. . , ..... A ,, q--
410 h.nd. steadv. nl2t 1'etition for a holiday on the Sntur
Chicago
St Louis
Minneapolis
Kansas Cits
Dallas 4
1.1 days
. 4
4
4
.. 4",
.. 4".
4U
. . 4
. . 4
. . AV,
... 4H
. 4'4
dsvs
4".
4 "I
4'.
4
4".
4.
41.
4.
4H0.1
4S .1
Uov't paper
ir to uo
1.1daa das
I
Chrlsll 7S, Oslieston. S2 The follow.
Ing preclpltatlois were recorded Jack
sonMlle. 02- Thomaavllle. 04. Galveston.
.9, Wilmington. OS. Charleston. 30;
New Orleans, SO. Saxannah, 2 OS
4
4
4'i
4
4
4
4
4
4U
4
4S i
4'i '
4U
4'i
4U
4 '4
4U
IS
4I
i'i
New York. Aug. 0. Further ex
tensile declines In rates for foreign ex
change prompted selling of rotton toda
and prices broke sharply. October fell
to ,"0.07, or 7S points under the close
of jestcrday.
Sentiment was extremely unsettled,
with a general disposition to even up
accounts, pending developments in the
exchange situation and the threatencf
strike of steel workers.
Advices from the South reported an
almost total absence of demand for
export, while some shippers ere said
to be trjing to resell, to mills in the,
Kast, lots of the staple that had been
purchased to be sent abroad.
Importers here declared that it wn.
impossible to conclude liny new foreign
business; that this had been the case
FOREIGN EXCHANGE
New York. Aug. 20. The foreign ex
change market in the early dealings
today showed the worst demoralization
that has yet been witnessed In French
e.-hange and sterling.
Quotations that could not be veri
fied at the outset placed demand ster
ling at 4.13. a break of nearly 0 cents
from yesterday's low record. Sterling
cables were said to have sold as low
ns 4.14. Later sterling was quoted at
Philadelphia Markets
GRAIN AND FLOUR
! WHEAT Receipts. 201,007 bushels. The
market waa oulet but firm. We quote: No. 1
; red winter, 12.39; No. 1 northern spring,
$2.80: No. 1 hard winter. 12.39: No. I red
winter, garllckv. 12.37: No. I red smutty,
a J2.36: No. I red. sarllckv and smutty, J2-34:
; No. 2 red winter. 12.3d; No. 2 northern
ieprina, .-.m- ?a unru wini.r, ...on;
, No. 2 red winter, garlicky J2.34; Nn. 2 red.
''Smutty, 12 33; No. 2 red. garlicky and
smutty. ; 31.
I uuii.-v uecoipts. 1.30 pusneis uneringa
fl. wereMUrht and prices were stronger, but
ii ! there wa not much doing, we quote, yel
MowMn car Iota for local trade, as to quality
.and location, at I2.122.in per bushel
' OATS Receipts. 23.000 bushels Trad
was quiet, but prices ruled steady under
Might offerings. We quote, c-- lots, us to
I lonatlon: No. 1 white. OOWAle: No. 2
'! white. 89f0e: No. 3 white, SSOSOc; No.
white R087c.
g FLOUR Receipts. 23 bbls. and 370.002
s lbs. In sacks. Little doing and prices nom-
Inally unchanged Quotations: To arrive,
per 10S Ilia. In 140-lb. Jute saks. Winter
straight, western, new. 110.10010 40; near-
by. new. 1010.2.1: Kansas straight, new.
' illfill 2.1; Kansas, short patent, new.
J 111.110011 73; eprlne. short patent, old. 113
(S13..10: do. natent. old. J12 Kfiraia- Hn An
new. Jll 50O1I 80; do. first clear, old. io.23
10: do do. new. s,7se0.80.
RYE FLOUR was dull and barely steady.
Wa quote at 16.3338.50 per barrel, In sacks,
aa to quality.
PROVISIONS
There was moderate Jobbing trade and
values generaJly ruled steady. Quotations:
Beef. In aeta. smoked and alr-drled. Roc;
v knuckles and tenders, smoked nnd alr
drled. Me: pork, family, B7c: hams, s. P
"cured. loose. 3040c; do. skinned, loose.
370.18c; do, do. smoked. 3040c: do. boiled
boneless. ftSc; picnic shoulders. 8. P. cured
loose, 28Hc; do, smoked. 2030c; belttes'
In pickle, loose, 30c; breakfast bacon, 44c4
lard. 37c.
REFINED SUGAR8
Light offerings restricted busln... n.i...
were unchanged on a basis of Oc for tine
-, granulated.
I" DAIRY PRODUCTS
fc,, CHEESE There wag little trading- and
J prices favored buyers. Quotations: New
J Tork and Wisconsin, whole-milk data, cut
irent make. fancy, 3232He; special
higher: New York and Wisconsin, whole.
t milk flats, current make, fair to good. 30
- Sle: fancy good Jobbing at 33034c.
BUTTEIl There was a fair demand for
j desirable table grades and the market ruled
firm under light offerings. The quotations
.naa-4 iouow.; noua-packeq cream-
.oil;.-, '.'..", .r,ci. mgner-scoring goods.
B8660S. the latter for Jobblpg a-ia: extra
'S'?"" 8-?5,8Mc! flr.'"- MOSWc: aec
. onds. SOOISZp: -sweet cre.imery. choir, in
1 j'jancr. BBlc: do. fair to good. 54.1Sc:
' fancy brands of prints Jobb ng at R204e:
fi, e.l- I..Im RqA.l. "-vote.
EOOS Fine stock continued s'carce and
tjrnv Supplies were mostly of unattractive
involceg. which were dujl and unsettled.
T!-?'-1uota"on' follow: Free cases, nearby,
1141,60 per crate: current receipts, that will
grads. tlB: fair to rood, I13.R0O14 40-
western, extra nrsts. J 1 .1.00 per case; firsts i
Ia-SX3iSX, V -- "".in eeronns,
110.80012. 80: fancy selected eggs Jobbing
at 60001c per dozen.
t
POULTRY
II
LIVE The market ruled firm at the lata
-advance, with demand absorblnr tha lim
ited off.rlngs. Quotations: Fowls, via ex
press, 37088c: spring chickens, trollers.
nof Leghorns, yellow-skinned, weighing IV
UZ ids. apiece, os-B40c: do. broilers, not
lba. aslece. 88 37c: white T.hn. ...1.
low-sklnn.d. weighing IK 2 lbs. apiece. 93
y S4o: do, do, smaller sites, 8032c; roost
ers. mwc; aucKB, sprinr, anvwc: do,
Pekln. old. 2880c: do, Indian Runner, old,
2628c: pigeons, old, per nalr. infetr.
do. young, per pair, 3840c.
DRESSED was In fair demand and Arm
- nd',!,Wi-''$.,r,nV'-. Tne. o-uotatlons: Fowla.
f. fresh-killed, dry-picked. In boxes, weighing
S.,D,-.!B?.Ter '"W 41"! weighing 8V4
lba., 8880c; weighing s lba. 3 5 Si! Be:
-.-- wv.v. , .,-.,, ru, in Dm
Kansas rlty. Aug 20 HOOS Receipts,
sooo head Market very unecn. lower
Hulk. 192O50- heailes. 12020 40 med
ium weight. 'O02O.7.1. lights 1020.71.
light llahts lis T.1I920 50. packing sows 118
B20. -pigs. llflfMO
fATTLE Receipts. 1.1.000 head and 2000
rnlve. Mlrli.l rfeldv. HllllT hepf steers
choice and nrtne. tl7.2.118.SS rr.dlnm and
'good. J14 3517 23- common, l?.2nl4 2.1,
ngnt weigni. gooq anfl cnoice. sif.ai'O'i? o.
, . . . I ctmmon and medluni SD3)14 30, butchers
Mr. but What a rattle heifers. !ll.l.114 31: rows. 104? 12:
..,... u- ,..ai T felt mvaelf lielne feeders and cutters. J1WR: veal calves. light
scrapper he was. I icit mysen ueing and han(iy weUhti $iSj7: fPfrter steers,
slowly nnd surely overpowered when n cncua r.i, stocker steers, 7ll s.i.
v . 1 gJirrjiPT) no. alnia AIUV1 hsa-1 "C fa rlrmt
the lights flashed on. Purvis was hud- li.,?.;'' r.,mK i12.5r.tsiT is i and com.
died In the corner between the small , mon. ? 12. -.earling wethers l73is
, . . . ,, , , . ,, ...-ti' ewes l.l.i.'ilc'J 2.1, ewes runs ana
electrically controlled safe ana the wan .taiff.i- hreeding ewes, tosio; feed
Duke had found the switch alter a lit
tle fumbling.
Then we had another surprise. It was
not Foley, but the detective I had grab
bed In the dark. We had each mis
taken the other for Foley.
Duke had unlocked the office door,
admitting the others. He then rushed
to the fire-escape. A quick glance, and
then, in tones of great exasperation, ex
claimed :
"Foley never went down the fire-
escape, but he escaped up."
h.J8-:R!22M....T avv.'-VsY .; v prccdlng Labor Day has nnrn cu- . fnr ,,,,, an(, 4Ai for eablr)
21.7.1. vorkers. S22W22 2.1; light yorkors. 1 ciliated on the New ork I otton r,v- ( i',,lnr, broke 7 Centinies further to S. 10
change. fnr rnbirs and S.22 for checks.
The Xew York Stock Exchange has. Quotations were: Stockholm cables
receivcfl notice from the Stutz Motor 21. ,i0, checks 21. .",0: Christionia cables
Car Company of America. Inc.. of the 2.'l..",ll. checks 2.'!. 10: Copenhogen ca
nronosed increase in the number of bles 21.00, checks 21.70; llelgiau ca-
shares from 7.1.000 to 100,000.
l-.'l 2.14f21.H0. plg 121 21 2.1: rouslm. J18
(1 IS Mi- stags. 12Wlfl.
SHEEP AND I.AMRS Receipts. 400 head
Lambs 23c higher. Lambs, 110018. .K)
others unchanged.
(CONTINUED TOMORROW)
LONDON STOCK MARKET
Domestic Shares Flsbby Grand
Trunks React From Top
London, Aug. 20. International se
curities were unsettled again on the
stock exchange today and the group was
depressed by the withdrawal of the
treasury's prohibition of transactions in
foreign-held descriptions. Oils were
heavy. Shell Transport and Trading
was 8 0-16.
Some mining Issues were weak. Do
mestic shares were flabby and Orand
Trunks reacted from the top. Heavi
ness prevailed in Mexicans. Trading
was dull, with the markets still with
out a leader, although, on .the whole,
the undertone was steady.
fanoy. dry-picked, weighing 4 lba. 'and ove'r
i' apiece. 41c: weighing AH lbs. apiece. 37
88cs weighing i lba. apiece. 843.1e; smaller
alses, 3283c; old roosters dry-picked, 27c
broilers, Jersey, choice. 48H0c; other near,
tnv. XSfTJ40r! oxeentlonal lots hlhr. a
ki.,lk,n -l-lOSSY,! anrlnr ritirka n.,hv 111m.
f aquab. white.' weighing- 1112 Iha.' ner
I doien. I8.60C0.25: do do. welshing 810
ids. per aosen. e,.ou.n.it; no, no, weigning
s lbs. pr dosan I0OS 7.1: do do. velghlng
T lbs. per doieh. M.oOtjn.2.1; do do. weigh
ing SftftU lbs. per doien 2,.103.nO: dark.
I1.S0O2.2S; small nnd No, 2 R0c2.
i
trPFOU CTDIIITR
' Apples firm. Watermelons cantatouns
and peaches were plentiful and lower We
quote; Apples, per bssket. 40oGt1.M; do,
-per bushel hamper, n0cftl2; do, per barrel.
r ,.,'., u. , iiiniiiuirf, nrptr,,,. cr rgic,
I'.ASeWI SO; do Delaware and Maryland, per
II crate, IScftl 23. Watermelons, southern.
It rer rar, I17.127K. Rlackberrles. per quart,
I 1At22c. Pearhea. Delawaro and Maryland.
I J Jr bushel basket. Sltl.TS; do, New Jersey.
r pe- crate TSr3: do, do, per baskt 40c
j 1.S1. Hucklberrles. ner qusrt. 1823c.
(I T.mnm ner hov. t2..10ST4 SO Onni! CTul.
i Ifoinla, per box, 82.25B.23,
il vcnCTAni tre
Potatoea firm Onions and cabbage quiet
mA BtMariv. 1Vj nuote; Whlta nnljiln...
I I irietern Shore. Va.. per barrel No. 1,
j eH.8t)! No. 2. '82.BO4, White potatoea.
iKrsgy. per pasket .no. j. i.2awi.40:
r,-rer g'iuea. oiumc-o,-. wnun iniisidss, pr
Sn-pnund sacks, IS.2nOS.5rt. Cabbage, per
flcr, e'irii'i-ic. v'niona, new jersey, per
iltl'
l,5Pi flo, d9, per BUhl-hUB.
FEW ?J?,M'' j
BAR SILVER
Commercial bar silver was quoted in
New York today at $1.10 an ounce, a
decline of lV4c In London, the quota
tion was d higher, at 50d.
,NEW YORk COFFEE MARKET
New York, Aug. 20. At the decline
in the coffee market this rooming trade
interests were buyers and this steadied
tho merket after the close with upward
reactions of 4 or 5 points noted in some
of the more active months,
reports, Santos seems inclined to bold
out on firm offers, but trade operators
arc inclined to the belief that damage
has been very small, if any, and point
to the recently sagging market for
Santos futures.
The local spot market was quiet this
morning, with Rio 7s held at 21.
Test.
close
19 90
20 80
20.00
20.4(1
20.2.1
20.10
20.1.1
20.02
20.00
19.88
19 9.1
10.04
BUTTER, EQG8 AND CHEE8E
New York, Aug. 20. BUTTER Steady
Receipts. 14.001 tubs. HIgh-soorlng. SOW C
il7c: extras. r,BiSc: firsts. 2VrB1ftc.
seconds, 60B2c: state dairy, B353ttc
v-rins steady. Racelnta 1S.B90 cases.
Fr.sh-gathered extra. BlOBSci storage
packed extra firsts. 51 58c; storage-packed
nrsts, livouci airura ro, t, ouviw, ,.". -
soinsflr! checks. 34AAc: underarades. 25
88c: firsts. 47 50c: seconds, 424Hc; state
and nearby hennery whites. 8B0c: gath
ered whites, BOOHOc: western whites. BO
flA. w,il,ra whltea. &nB3c! Partita Coast.
07c. outside: western and southern gathered
whites, 4585c: stat and nearby hennery
browns. 5882c gathered brown and mixed
B3t73nc: rair to prime, iboo.
CHEESE Steady. Receipts, 3270 boxeg.
Flat, current make, colored, average run,
2014) 80c; flat, current make, white, aver
age run, 20 H 80e: colored specials, 30M j
sic; wnua specials, suvaic.
Open High Low Close
July ....l.t lTl l-'l l-2o
Bept. ".'.'.'St.ib s'o'.BO 2V.45 Oo;?;
Oct. 20.10
Nov. .., l!1
Dec. ..... '20.00 20.10 19.80 19.S0
.Tan? ...19.83 10.00 19.90 it.TB
Feb. .... HI-74
March .'19.00 10.95 10.08 'lOS
Xprll 19.S0
May ....10.85 19.90 19.S5 em.SS
June 10.80
Bid.
Refined 8uors Unchanged
New York, Aug. 20. Conditions
generally iu the refined sugar market
arc uurhauged. ' All refiners continue
out of the market so far as new busi
ness is concerned, but in well-informed
quarters the opinion prevails that the
arrival of raws this week and tne De
ginning of net week will be sufficient
to enable all refiners to resume melting
at their normal capacity. Trices are
unchanged at 0c, lets 2 per cent for
fine granulated. Itaws also are un
changed at 7,28c, for nlnety-slx-degree
fjeatrifugals.
common.
feeder lambs.
!12.3014.5O.
South Omaha. Aug. 20. HOOS Receipts.
5000 head. Ten to 25c higher: closed ao
tlve Rulk. IlOfiTlO.50: top. ,10 83.
CATTLE Receipts. T800 head. Native
bef and butcher cattle steadv, western, all
classes, active, stockers and feedera steady.
SHEEP Rcelpts, 30.000 head Killing
lambs weak to 13c lower. Sheep steady
SECURITIES AT AUCTION
The following securities were sold at
auction today by Barnes & Lofland :
All the right, title and Interest of John
A. weik in tne estate ci K.aronn-1.
Welk deceased 100
STOCKS
Shares
12 Manaunk National Hank; par
1100 330
6 Fourth Street National Bank, par
J100 320
10 Fourth Street National Dank, par
100 320
25 rights to subscribe to Commercial
Trust Company. S 1200 . .
3 rights to subscribe to Commercial
Trust Company. $200
7 rights to nubscrlbe to Commercial
Trust Company. 1200
32 rights to subscribe to ("ommerclal
Trust Company, 1200.
33 rights to subscribe to Commercial
Trust Company J200 84
1 .Provident Life nnd Trust Com
pany: par tlOO 430
20 People's Trust Company, par $.10. 40
- umpire line ana 1 rust company;
par J50; paid 2B
B Ouarantee Trust Company. At
lantic City N. J.: par 1100. .
S4 Mine '.'111 ard Schuvlklll Haven
Railroad Company; par $50...
24 East Pennsivanla Railroad Com
pany; par $30
1 Philadelphia. Oermantown A Nor
rlstown Railroad Company....
10 Philadelphia Rourse common
H Philadelphia Rourse preferred...
5 John 11. stetson company com
mon par $100 .'...
2.1 Pennsylvania Cold Storage and
Market Company; par $50 12
24 Union Transfer Company; par $23 ' 12M
2000 Spokane Mining- Company; par
$1 Lot $5
2100 Monie Crlstn Oil and Development
Conpapy: par 1 Lot $0
RONDS
$2000 North Pennsylvania R. R. Com
pany, a.o per crni; coupons
Januiry and July: due 1933..
800 ($101) Wane Coal Company. II
per cent: first mortgage; cou
pons March and September;
due 1037
83
84 4
844
84V4
20U
10H
81U
BOH
11B
B
20H
340
7314
774
DIVIDENDS DECLARED
Mergetvlhaler Linotype Company, quarterly
of 24 per cent, payable September 80 to
stock or recora nepiemner a.
American Telephone and Telegraph Com
pany, quarterly of 2 per cent, payable Oc
tober 1.1 to stock of record September 20.
AJax Rubber Company, quarterly of 11.80.
pas able Septrmber IB to stockholders of
record Aurust 30.
Colorado Power Company, quarterly of
174 per cent on preierrea, payaDie Sep,
tember IS to stock of record August 80.
Cuban American sucar t ompany. quar
terly of 24 per cent on common and 14
per cent on preferred, payable September 30
to siock 01 recora orpirmoer 1.),
Coturo Lumber Company, Inc., a dividend
at the rate of ft ner cent ner annutn nn
first preferred, covering the nerlod from July
11 lltlif, 10 Aiauii ,11, jt'iu payanie ep
tember 10 to stork of record August 20.
Republic Iron and Steel Company, auar.
terly of 14 per cent on common, payable
isovemper 1 to noinrs 01 recora uciooer in,
nabal Octobe 1 to holders uf record Septom'
and quarterly of 14 per cent on preferred.
Raoni
,p 1ft
foutn jenn uu v-ompany, quarterly or 8.1.
S
payable September 30 to
tseptemper 12
itoclt of record
New York Metal Market
New York. Aug 20. Copper, spot and
August. 3-H V--74IV Jiepirmoer, 22W it
zSHc; October. 22'. 214c; November. 28W
28"4c: December. 234 24: January. 234
24Ur. Market was quiet. Lead apot.
S.TSOB 90i August. B.77mft 024r: Septem
ber. B.ROO.I.SSe: October. B.SIc bid: Nnvem.
her. S.BOe bid: December. B.P.Ie bid. Market
wnn Arm. Sojlter, Eaat St. Louis Snot
npd Auguat. 7Sc aked: September. 7.7flo
esKea: uo-oner, innwi.r: .-ovemner, 7.B3
ffl noc i-iecemiier. I. ,u ,,,,, aiaraei quiet
Probe Jersey Storago
Trenton, Aug. 20. To obtain further
data . upon which to base a vigorous
wsrfare upon food boarders and profi
teers In New Jersey, the State De
partment of Health has appointed Ar.
thur Wlgley, of Sklllman, as an inves
tigator of cold- storage warehouses, and.
lie will start upon his work nt once.
1
Captures Giant Heron
Measuring six feet in the spread of
the wing, a giant blue heron was can-
tured by "Gus" Kscher, Third avenuo
and Lester street. Esslngton, and pre
sented to the Zoo, The specimen
standi about five feet high, its legs are
two feet long, and it has a long, skinny
neck surmounted by a small head with
a top-knot, which it ruffs up when ex
cited. " . .
! bles S.2S, checks S.30; murk cables
4. 0. checks 4.7."i. Lire declined only a
The National Conduit and Cnlile point to 0.4S for cables aud 0.!)0 for
Company has issued an estimated in- checks.
come account for six months ended btrong feature of the mnrkct was
.Tune 30. which shows a loss for tin- pesetas, which moved upward 10 points
period of ?043.2n0. as compared with to 10.40 for cables and 10.30 for checks,
a loss ot $3f4.4fiS for the correspond- Tllo downward movement carried marls
ing six months of 1018. 1 off 15 points to a new low record at 4.80
for cables and 4,io for checks.
The Colorado Fuel and Iron Com- ytin .OBOr ITCOrds were made In
pany. in its report for the quarter Frpa(.h ,m(i Italian exchanges shortly
ended June 30, showed surplus, after aftrr 1 o'clock. Franc cobles dropped to
charges, taxes and unking fund, of s 00 and rnccks to S.2o ; lire cables fell
$027.1.14. equiviilent. after preferred 9-b an(, ehpcU , m Demand
dividends, to $l..l a share earned on ,,; as , uotnj at 4-1ol or a
the $34,2.,500 common stock as com- , bou, th , ,ow
pared with a surplus of $401,384. or1
$1.05 a share, for the quarter ended ""- "
March 31. In the corresponding quar-
tcr of 101S the company's surplus 1 BANK CLEARINGS
amounted to $1,700,170, equivalent to j Bnk c,Mrlll toiiy, compared with cor
$4 85 a share on the common stock. responding day last two jears:
I 1010 1018 1917
t,:,ot,, nnrrntions with Xew Boston .$34,440,317 $4S,501.8S7 $34,142,740
Arbitragitig operations wun .cw v 7nn.1117.114 .117 07.ssn 4H2.S7i.U7
York are Mill prohibited by wartime pniia. .. 74,131.475 75,300.031 si, 281,71
.., it.n T.nmlnn Stock FTchancc. ,
Partial removal of this provision is ex- '
rntn,l anon to luiK'ii I"' iii'nih "i - v v 1, .,,- Oft r.hl- ....
1 ,.,.. -j ''0 ;""" -v -""' ..-v.' "-'"..? 1
1, n a, ,no :m,-u' vn rir m,u, PTrnanp mi.'
morning quoted prices In tendon Tin. spot.
LIU Ills: futures. 200 10s. un (2 10s for
both; straits. (27S. up C3. Sales, spot. 100. j I
IIU tun.,. . .... ,... u. .u .u .vfy ,, ,
spot. 100 15s. both up 15s. sales, spot, 100;
LONDON METAL MARKET
ban on importation of securities.
Th" New York Subtreasury gained
$35 000 from the banks yesterday,
making a ca-h net gain since Friday of
$5,423,000.
Subscription for United States 4'i
per cent treasury certificates of Indebt
edness. Series B, 1020, dated August
15, 1010, and maturing January 15.
iry0 will close at the close of business
Thursday, August 21.
The committee on securities of the
New York Stock Exchange rules that
Chicago. St. I'aui. Minneapolis ami 1
Omaha Itailway Company common nnd ,
preferred stocks be quotea ex-ntviucnu
August 20.
It is announced that the Guaranty
Trust Company of New York and the
National City Company have underwrit
ten an offering to stockholders of
$0,860,000 0 per cent preferred stock
of tho Proctor & Gamble Company, of
Cincinnati. Common stockholders of
record August 30 will have the privi
lege of subscribing to the new preferred
stock.
Directors of the Ajax Hubber Com
pany have authorized issuance of 30.
OOObhares of treasury stock to be of
fered to stockholders for subscription nt
$70 n share. The proceeds will be used
in enlarging the company's business.
STERLING DOWN AGAIN
futures. 850 tons. Electrolytic, spot. 109;
futures, 120, up 2 for both. Lead, spot,
24 17s fid, futures. 23 10s. both off 2s ltd
Spelter, spot, 40 10s; futures, 41 10s, off
10s for both.
CHICAGO BUTTER AND EGGS
0. BUTTER Rectlpts.
Chlrago, A us.
S07S 1UDS.
EGGS Receipts. 11. Oijfl cases
changed. No sesaton today on
picnic.
Market un
account of
SHELLS BLOW 2 TO BITS
Demand Drops Almost Five Cents to
$4.14
New York. Aug. 20. British ex
change fell to a new low record to
day, sterling dropping almost five cents
to $4.14. Paris demand bills fell to
8 francs to the dollar and demand
lires to 0.
Iteports that the French Government
is negotiating for an American loan
of $100,000,000 to $200,000,000 for the
purpose of stabilizing its credits iu this
market lack confirmation.
LOCAL MINING STOCKS
TONOPAH STOCKS
Jim Butler
MarNamara
Midway
Mlipah Extension
Montana
North Star
Rescue Eula
West End
GOLDFIELD STOCKS
Atlanta
Rlue Bull
Booth
Dlamondfteld D B
Dalay
Kiwanas
Oro
II.,.. Dl.b
""" "" MISCELLANEOUS
Artcona United
Nevada Wonder
Jjcopa Mining . .
Bid Ask
.80 82
.58 .82
.20 .22
.07 .00
.1.1 20
.07 0(1
.11 .21
14 m
IKS
.03 .03
.02 .03
.07 on
.01 0'!
.02 03
01 04
.01 .03
08 08
IS
23 .8(1
.40 .50
.09 .12
WOULD REIMBURSE KAISER
Prussian Cabinet Bill Proposes to
Give Him 170,000,000 Marks
Berlin, Aug. 20. (By A. P.) A
bill has been submitted to the Prussian
cabinet which provides that 170,000,000
marks shall be given to the former Em
peror William as total settlement for
th elvll list he lost through "forced
ubdlcatlon," according to a Weimar j
dispatch in the Frelhelt,
Five Others, Including Phladelphlan,
Injured at Aberdeen Proving Plant
Baltimore. Bid.. Aug. 20. (By A.
P.) Two laborers were blown to pieces
and , five seriously hurt yesterday
at the Aberdeen proving ground
when a box of experimental supersen
sitive thirty-seven-millimeter shells,
which was being carried by the two
men, exploded.
The dead are James King, of Balti
more, and Thomas J. Odonoghue. Low
ell, Mass. The injured are John Buck
ley, West Philadelphia ; Hug Lyon,
Freepcrt, 111. ; W. J. Begley. La Salle,
111.; Bernard Wess, Aberden. Md
and James A. Cushlng, ChilHcothe, III.
No Money Orders to Germany
Many inquiries are received at the
Central Postofflce concerning Uie send
ing of money orders to Germany, Po
land, Rumania, Austria and other coun
tries by relatives of residents of these
countries who are desirous of both send
ing and receiving money. Timothy
Keehan, in charge of tho money orders
at the Centra Postoffice, said that no
money orders will be sent to these coun
tries until they have stable govern
ments which are on a firm financial
basis.
GOVERNMENT SALE OF
TELEPHONE CONSTRUCTION
MATERIAL
900 pairs climbers; 1710 payout
reels; 400 belts; 1000 clamps;
3831 kits. Sealed bids will be
opened 10 A. M., September 2,
1919; at Munitions Buildinr;,
Surplus Property Division,
Washington, D. C. Particulars,
special bid forms can be ob
tained at above ofrice or Zone
Supply Offlce, attention Surplus
Property Officer, Philadelphia,
Pa. Refer to S. P. D. No.
686 ME.
GOVERNMENT SALE
OF (NEW) RAILROAD
PICK HANDLES
147,600 36 inches long. Sealed
bids will be opened 10 A. M.,
September 2, 1919, at Zone Sup
ply Office, JerTersonville, Ind.
Particulars: Special bid forms
can be obtained at above office or
Zone Supply Office, attention
Surplus Property Officer, Phila
delphia, Pa. Refer to S. P. D.
No. 277 GS.
Liverpool Cotton
Liverpool, Aug. 20. There was ouly
a limited request for spot cotton today
with prices firm on the basis of nn ad
vnnre of 44 points for middling nt lS.COd.
The sales were 4000 bales. The receipts
were 47.200 bales, all American. Fu
tures were steady in the early dealfngs.
Spot prices were : American, middling
fair. 21.13d; good middling, lll.iOti;
fullt middling. lf.20d; middling,
18.C0d ; low middling, 10.8."d ; good
ordinary lfi 20d nnd ordinary. 14.67d.
I BUSINESS NOTES
According to ,i statement made by a
government official in Washington the
net proceeds of the sale of 14,000,000
ards of surplus cotton goods held In
this city recently were 110 per cent
of the original cost of- the merchan
dise, j
The derby hat promises to receive a
new leave of pnpulnnty next fall nnd
winter, if orders from hatters lire iu
ilirntivc. Manufacturers state that re
tailers are ordering heavily oil alt tW
of derbies, while next in favor la'tba
brown soft hat.
A great deal of cement will be re
quired in Manila, according to con
sular advices, if the buildings now
projected are constructed. Several ce
ment plants are in operation and the
Insular Government intends to erect
another. There nre abundant deposits
of lime nnd clay, but 'the high price
of coal reduces profits.
A Spanish royal order authorizes jthe
export of cotton waste under permit
from the official cotton committee.
In the last eleven years England has
sent only SSI automobiles to the United
States, the value of which was $2,
153,041, while in the same time the
United States sent to England 41,182
cars, valued at $36,710,011.
The Importation into Sweden from
Germany of trucks and wagons msde
for war purposes Is assuming rery
large proportions.
Consular advices state there Is a
market for baseball goods and, In fact,
for all sporting goods, notably tennis
paraphernalia, In western Canada,
Large wholesalers of women's apparel
are Inclined to look upon the present
lull in the market as a result of the
heavy purchasing by retailers last
month. They expect active buying will
be resumed next month, and, in antici
pation of this are holding to their
prices. '
First Offering
$3,500,000
Capital Stock of the
National Motor Bus Corporation
Par Value $10
Authorized Capital $25,000,000 (2,500,000 Shares)
$7,500,000 Outstanding, Including this Issue
Full Paid and Non-Assessable
All Common Stock
Transfer Agent
Registrar & Transfer Co.
120 Broadway, N. Y.
No Bonds
Registrar
Empire Trust Co.
120 Broadway, N. Y.
PrODGrty This Corporation owns the entire capital stock of Chicago Motor
""""""" """ Bus Company, successfully operating SO double-deck buses on the
North Side of Chicago, which in 1918 covered 1,41 1,789 miles, carrying 4,571,
374 passengers.
Additional From the proceeds of this issue, it is the intention of the manage
ment immediately to increase equipment to 130 buses, install a
new service on the South Side and give Chicago a thoroughly
Equipment
modern and satisfactory Motor Bus System.
Arrangements are also under way to establish Motor Bu3 Systems in St. Louis
and Newark, connecting the business sections with the residential districts. Other
cities have given assurances of hearty support to similar plans as soon as they
can be perfected.
Earnings The Corporation will have in operation a minuimum of 250 buses
" """""", in the three cities mentioned a3 soon as deliveries can be obtained.
The earnings per bus per annum are conservatively estimated at $9,300 which indi
cate net earnings from operation of approximately $2,325,000. Exclusive license
rights have been acquired by the Corporation to a new "stepless" Motor Bus with
enclosed stairway to the upper deck. This upper deck is covered, permitting the
operation of the bus to its full capacity regardless of weather. This is swung so
low that it will pass under trolley wires and low bridges with entire safety to pas
sengers. The exceptional future for a system of modern motor buses in leading cities
cannot be over-emphasized. Motor bus organizations in London, Paris, Chicago
and New York are enjoying remarkable prosperity. Buses are becoming increas
ingly popular and profitable as a means of passenger transportation.
We advise the purchase of this stock. Application will shortly be made to
list it on the New York Curb and other markets. Subscriptions will be entered and
orders executed as received, subject to allotment.
Subscription Price $7.50 a Share
Descriptive folder T-16 will be sent on request
The Boughton Company
Incorporated
INVESTMENT SECURITIES
71 Broadway New York
The forefroinsr information has been complied from statements
and statistics which we believe to be correct but do not guarantee
United States Grain Corporation Will Sell
Flour to Wholesalers and Jobbers
The United States Grain Corporation, is prepared to divert from
its flour purchases and to sell and deliver to Wholesalers and Jobbers
straight wheat flour, clean and well milled, in 140-pound jute sacks,
basis, $ 1 0.25 per barrel delivered in carload lots on track in territory
east of the Illinois and Indiana line and east of the Mississippi river
from Cairo to the Gulf. '
Wholesalers and jobbers in purchasing flour from the United
States Grain Corporation must guarantee not to sell at more than 75
cents per barrel additional, and the wholesaler and jobber in turn must
require a guarantee that retailer will not sell at more than $1.25 per
barrel over the wholesaler'8 price, in original package, and at a price
not higher than 7 cents a pound for broken packages of any size.
All applications originating in New Jersey, Pennsylvania, Ohio,
Indiana and the Lower Penisula of Michigan must be sent to the
undersigned.
UNITED STATES GRAIN CORPORATION
H. D. IRWIN, Second Vice Preoident
272 Bourse, Philadelphia, Pa.
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