rv . c -e - DECLINE IN CORN PIT LED BY SEPTEMBER December Sells at Now Low for Movement Absorptive ft Power Lacking OnAIN 11BI.T WCATUF.ll TOHKCAST Chltsiro. Sept. 11 Illlnol-ralr In ntjtht ami Frldfty Missouri Knlr tonUbt and Frlilny. cooler ft tnnUht. Wlscon Bin Fair tnntpM conlrr rnst tonlRht nn1 Friday. Minnesota Fnlr tonight nml Trl 'lay. warmer Iowh Fftlr tonlrihl and Fri day, warmer northwest North anil South Dakota Fair end warmer tnnlffht. Frldiy Inrreaatnu cloudiness Nebraska and Kan safl Fair tonlarht Friday probably nn fettled Montana Unsettled tonlaht. warmer east, showers west Friday fair AVjomlnn Fair tonUht and Friday Chicago, Sopt. 11. lnItitr!rtl un- rwit. wpnUnps-t In htrtiritlos nt Now Tork, n further xhnrp hrc-nlc in prices for lings, fine rather for iiintiiring the crop nnd dullness In the chsIi nrtiele led to n resumption of Renernl sellins of corn today, nml the market mfferfxl furthff losses, under the lead bf Sep tcmbcr. It wan thought that large pur; rhnFes were made In the country re cently. December sold nt n new low record for the movement, nntl Mny touched the bottom point of Tnesdny. Senti ment wiii bearish, nntl absorptive power wns InekinR, the only demand coming from shorts who wnnted profits. This cruised n moderate recovery later in the session. Aside from the possibility of means beiiiK formulated for financing tmde with Ktirnpe, as outlined in the Edge bill, there was nothing in the news to lend encouragement to the bulls. Shipments from Argentina for the week, uerc estimated nt ,t00,000 bush els. Commission houses nnd local interests were free sellers of oats nnd the mar ket uns weaker. It aisn was thought that brokers, supposed to represenl n local professional who has been trying to bull the mnrket for some time, were putting out lines. Shipments from Argentina for the week were estimated jit 480,000 bushels. T.adlna-futurea ranted follows; . Corn (nw delivery) Tea day ' i"l Open 1 of) e ZI Kepi . Dee. .. nuts Sept. (19'i Die 71i Lard Oct 23 40 2 Asked I l.m 1 27 Low 12:90 rote 3. S3 1 M l.nOtt 1.2SH 1 Mil 1.28 71't BR 70S 70 72 ! r,7 2 4ft 2.1 !. 2.1 S New York Metal Market New York Pent 11 Topper Hpot and September, 21 H (,ri22" r, October, 22 22He. November, 22'i w 22'A c; Iiecembcr. 324ST2JIHc. Januirj, 22"i023Sr. Mar ket dull. Lead Hpnt and Heptem ber r. 7Xffe. October. S.SSflflHe. No M Tiber. f..HnT I.V. December oWIJI 0 20o. January, fltrfl'ic Market steady Kpelter Kast St liuls Spot and feptem her, offered. 7 S2V4c. October ortered. 7.37'ir. No ember, offered 7 40c. December, offered, 7 45c, January, offered 7 fiOe. Mar ket easy LONDON METAL MARKET London, Sept II.- Cable ailUcc. ricelved at the New York Metal F.ichaiwe this rnorn-Ins- quoted prices In l.nnilon as follows Tin Spot. 12RO. a decline of 1, futures. 272 IRs ft decline of 1 lf, straits 281 a loss of 10s Balea Spot, an tons, futures .120 tons. Standard copper Spot, 100. fu tures Hf. both unchanned Sales Spot 2'. tons, futurea. 12ft tons F.lertrolytlc rop pcrspot. 1W. futures 120. both un cbanited. lx-ad Snot. 12S jl. uncharged, futures 2S Ills, b decline of in Speller Spot 40 ins. futures. 11 K,s both up 10s BUSINESS NOTES READY ABSORPTION Naw Isiue $2,500,000 INTERNATIONAL FUR EXCHANGE, INCORPORATED 7 Cumulative Preferred Stock PREFERRED AS TO BOTH ASSETS AND EARNINGS Quarter! dividend dates first days of January April. July and Ortobnr RedfiiMblr tn whole or In part at the option of the Compans at 1 IU and accrued dhidrnds CAPITALIZATION To be To be presently titliori?cl Outstanding 7 Cumulative Preferred Stock (par $100) $5,000,000 $2,500,000 Common Stock (without par value) 160,000 shares 80,000 sharer. The above company (called New Company) has been, organized under the laws of Delaware for the purpose of acquiring the entire outstanding Common Stock, except directors' qualifying shares, or the assets and business of the International Fur Exchange, a Missouri Corporation (called the Company). For information regarding the above Preferred Stock we refer to a letter, copies of which ma; be obtained from the undersigned, dated August 30. 1919, from Mr. P. B. Fouke. President of the Company, who has summarized some of the statements in said letter as follows: The Company conducts what is probably the largest business in the world for the wholesale purchase and sale of raw furs, including daily sales of raw furs in season and public auction sales of raw and dressed furs held three times yearly in St. Louis. Furs for latter sales on commission basis are shipped from all parts of the world. Volume of all sales in last fiscal year was approximately $32,000,000. The consolidated net earnings after provision for Federal taxes for three years and two months ended June 30th, 1919, certified by Messrs. Ernst '& Ernst, plus 6r,'r per annum on $2,350,000 new net working capital to be introduced, are at the average annual rate of $593,310, or 3.39 times annual dividends on new Preferred Stock and for 13 months ended June 30th, 1919, are at the annual rate of $8 78,734, or over 5 times said preferred dividend requirements. The consolidated total net assets (exclusive of good will, etc.) "is of June 30th, 1919, after giving effect to $2,350,000 new net working capital to be introduced, as shown in the report of Messrs. Ernst & Ernst, were $3,956,566, equal to $158 per share for new Preferred Stock to be presently outstanding; consolidated net quick assets included alone amounting to $3,375,410, or $135 per share for such new Preferred Stock. A cumulative sinking fund to be applied annually to the purchase or redemption of the Preferred Stock at not exceeding $110 and accrued dividends is to be created by setting aside from surplus profits on June 30th, commencing with 1920, (a) a sum equal to 3rr of the aggregate par value of Preferred Stock theretofore issued, whether or not outstand ing; (b) a further sum depending on the amount of dividends paid on the Common Stock. The New Company may not (a) create or permit any subsidiary, as defined in charter, to create any mortgage on its real property excepting purchase money mortgages on after acquired property or (b) issue or permit any such subsidiary to issue obligations maturing later than one year from date of issue, unless with the consent of the holders of two-thirds in amount of the outstanding Preferrel Stock. The New Company agrees that there will be maintained at all times (a) consolidated net quick assets equal to at least 100 of the out standing Preferred Stock; and (b) consolidated net assets equal to at least 120r'c of the outstanding Preferred Stock. Application will be made to list the Preferred and Common Stock on the St. Louis and New York Stock Exchanges. The legal proceedings in connection with the issue of the above stock are beinp: passed upon by Messrs. Cravat h & Henderson, New York, and Messrs. Spencer & Donnell, St. Louis. Tem porary certificates "when, as and if issued and received by us" will be deliverable in the first in stance, which certificates will, by their terms, be exchangeable for engraved certificates when prepared. Price SSy2 and accrued dividend, yielding 7.32 William Salomon & Co. G. H. Walker & Co. 25 Broad St. 108 So. La Salle St. 307 No. Fourth St. NEW YORK CHICAGO ST. LOUIS . Subscriptions will also be received (it Philadelphia by West & Coj The stalemrnta presented aboe while not suaranteed, tro obtained from sourceB lvhlch we bellevs to t reliable The ttlocli Oo'Cart Company yeMor ilny oprnril the nfv factory nt Kgc Hnrbor, V J., nhkh will be oprrntcil in fonjunotlon with the plunt In tills rlty. M. L. Itlocli, founder, nnd presi dent of the conipniij, In discussing the now enterprise snlil : "It Is my hope tft make our Egg Hnrbor factory ns big as our Philadelphia plant nnd even bigger. We arc going to produce on an enormous scale and our production will be limited only by the number of employes we nro nblo to get." The re modeled fatory nl Pgg Harbor has a frontage of 400 feel on White Horse I'ike nnd runs back WMI feet tn the railroad. The situation in dnmestie medicinal drugs is becoming acute, Drug and Chemical Markets will sny today, and prices an- still tending upward. Fac tories that were handicapped by the strike of emploos last week arc still short of powdered rrnde drugs, owing to the shutdown of the drug mills, but the strikes lire practirnlly settled, and no further dola.s are imticipatcd. There Is still n widely shared opinion in the I'lotlilng trade that one factor which is adding to the price of woolen piece goods is the nmount of export liusliiesii tnken In some of the large mills. The rumor persists despite the denial of some large factors in the woolen market that they have taken large ordeis for import. l'ifteen million pairs of silk stock ings, the product of the American I forest, were vent out of the United States last j ear to iiimpete with the product of the Oriental silk worm Not that these American silk Mook ingv actunllj grew on the tree, but the. were made from wood pulp, the I product of American forests. With the clove of the summer clothing liusinoxs, retailers Mho hae made a specialtj of lightweight gnrments for men are making plans for securing larger stocks of these goods for the noU season. The Mnr to lie heard on all sides, it verms, is that double the amount of business might lue been doue if manufacturers had been better posted regarding the slro of the de mand. Through foreign nnd domestic de mand, which has iticrensed greatly in the last six mouths, kerosene has be come the feature of the refined oil market. This is duo to its increased.. use ns n substitute for gasoline ns motor fuel in farm tractors, and tn increased demand, because of the coal shortage abroad The result is a scar city in tins country which the refiners nro trjing to overcome h enlarging production. OF OFFERS ON CURB Late Session Marked by Vigor ous Upward Movement Ad vance in Marconi Halted AETNA EXPLOSIVES ACTIVE New York, Sept 11 llenj offer ings nnd some severe declines were re corded in the Hrond street curb mnrket in the initial trading today, hut the' supplj wns quicklj absorbed and. nftor the inltlnl low lools were established, nn upward movement stnited that be came most Vigorous in the Inst half of the day. when many stocks sold at the highest prices of the session The New Chandler Motots dropped from !)7 to 02. but recnered all its loss before much of the forenoon hud passed, fieneral Asphalt, after declin ing from M to Ri!Vj, moiod up to nboe its opening price. The lieniest trading was in Itetnil I 'and; Stores; about 'JO.Otm shares sold at 'Si to !. Cosdcn Oil was strong in the first few minutes, selling nt It's. but broke to 10, rnlllng Inter with the rest of the list. iNou.sTnnus mil I0l Visualizing the Nation's Business THE economic and financial forces of the country are in a state of constant flux. It is more -important now than ever that exec utives have frequent access to au thoritative data that show the trend of economic affairs. The Annalist presents that data weekly arid presents it in such form that it can be easily grasped and quickly assimilated. "By charts, ' graphs, tables, and short, pithy ar ticles it pictures the nation's com mercial progress. Send for sample copy. $4.00 a year by mail 10 cents at news stands The Annalist A Magazine of Finance, Commerce and Economies Published fay The New York Times Company, Times Square, New York Tlie Men Wlto Control the Nation's Largest Organizations Read Tlie Annalist. Goods that are bought by big business executives, either for business or per sonal consumption, can be advertised In The Annalist to 'great advantage. Advertising rates on application The Annalist, Times Square, New York. Send vie a sample copy of The Annalist. "7J1 Name . Address ..,....................... I., n-ii.i. Atna ntplnsKe Amor-Hrltlsh Mfc Ani-rtrfn Wrlllnff Paprr lit Air rtriluctifli ST Canadian Car Co IITt Can ar IM irrf Po Ciirlvin Stcl . 110 C t r n Tool 'I Chalmers Motors 1' Chevrolet Motors . 230 Cramp . 170 Curtis Woplan. . tt Kmerson Phonograph " Hall Slctml Hupp Motors Inter I'pxluet. Inter Ruhrnr Lake Terpiflo Ho-it I,ehleh Coal Salea I.lbl.y MeV l.lhbv 1.1m i Ii.o N V ShlpbulMInc N A Paper Pulp Olln Eleialor Peerless Motor Pertectlon T R Philip Morris Poole l'nff SnioH N T SaoM Ohio Srrlpp-Hooth Standard MVttor Sleel Allova Submarine Swift Int Todd Phlpbuildinr Triangle rum 1'nltM Motors United Piolll .xitarlnR L' S Steamship vvorja Mini ', nVlRht M'artin Mr 4 .STAND HI) OILS Ulln-ls ISO Ohio , .172 Prairie Pipe 287 Standard on c allfornla 2IIO Standard Oil j ,gn Standard oil N" T . . .398 TVs k in' it r. .Vl fi ion 111 .10(1 ' lose aalel IIS I I 12 III III .n 22 2 .1 no !2 S 2S II IIS Srt e.n WEAK CABLES SEND -' COTTON PRICES DOWN Sharp Rallies Follow Drop on Covering and Southern Buying COTTON- BELT WBATHKn CONDITIONS w Vork, Sept It --The follow !n- leoiner.lite. wore rernrded In The rottnn 1'elt thl mornln Mncon. (IS AWIene ni'l Monta-nmerv 70. Meridian Knomllle Auirurta and Atlanta 72 San Antonio. Fort Smith. Vanhvllle and Wllmlnnton 7t Shreeport Corpm Chrletl Oklahoma t'llv Pensaeoln and Savannah "1 VleUj hurir charVslon and Jnrkonllle, . olea(or. Memphis nnd Tampa n Th following prorlpltallon waa recorded .-" at Tampa NV- York. Sopt. 11. Altlinnuii tho tropical stm in tins movr-il into tlio Onlf nnd now tlirontPiis th" Mississippi vnl Ipj. rottnn tnulors irtnnll.v icimrril tlii flirt nml v.ild rottnn frrrly on tho wciik nrvs of cnlilos nirr tlio liolnlnj . ronowoil lnlior troulilos. lino wenthor nil through tlio holt nml n lower stork nuirUot. Tho roMilt uns nn npi'iiinjt drop of II to T7 points, fullowril bv sharp ral lies nf .".II points nn covering nml smith oi ii limine, hn.ocl nn grow lug fears of ilaiiuige from the approaching storm. Tlie market uns cttrcmelj nervoiiv ilnring the first hour. The early selling Mas cnonurngoi! liy the weakness nf the stork ni.irket. ilrvlinos in foreign ixilmngo anil reports of increased spot offerings. It soeineil. however, that the trnpi ea! stnrm situation Mas becoming more sirions, and the market rallied on cov 'itng. December sub up from 'J1! .'t.ri, the tarlv low leo. to 'JS.vj, or within 4 points of last Tuesday's close. Other mouths siinwod similnt recoveries on lepnrts I lull die barometer was falling at Vew Orleans, Veslerdav . Toda 1 1 00 1 10 open i m p in 2S 2H NEW YORK COFFEE MARKET New York, Sept. 11. I'lie weknrs which developed In the primary markets over the holiday mused a shnrp down. wnrd reaction In the loctl coffee market this morning nnd first prices broke 71 to fC, points, with trading very ex cited. A special cable received shortly nftcr the opening reported further declines In Santos futures of .n,7."i to 47. rels. This cnused renewed selling, with the list active nnd excited. December sold off to KI..T.", March to 10.30 and May to 10 1"i. or So to flfi points below the previous closing figures. Sentiment continued verv nervous, with brokers having both selling nnd buying orders, making it difficult to get n line on business. Tot rl Sept Oft No i , Ills-. . Jan Teh March April Mav June Juh Aujr 7.1 n no 17 40 17 2"i 1" 20 17 17 17 I.'. 17 1.1 17 11 17 ns 17 05 17 01 Open 1 7 no i n no in as l n 20 in ii in 3 l n 23 i SeplemliT October 1 1 1 enibrr Innuai March Mi It.h Hid ;s no 2S i.ll .'X Si! r fln js sn'i St 2fl O.lfti ill Jll l.'fl II 2S HI 2s W 2S 40 The following companies offer INSURANCE of all kinds Beidier & Bookmyer General INSURANCE BROKERS 424 Walnut Street Lombard 2017 Jioln 132 New York Office 93 William Street 110 4.-.'4 I i RO .1.". S'l 3 l.V Ml 137 no 2'4 2S 1' 13 K HI 141 1 1SI1 asn 202 2M K90 400 .171 231 39 INDKI'KMIKNT Oil. MOCKS Oil Allen lloatnn Wyo Oil tpiflen &. i o Klk Basin Inter Petrul Houaton Oil Merrltl Oil . Met Petrol tt Midfeet Oil Ohio Fuel Omar Oil Oai Sapulpa Rennlns H'quoah Sinclair Oil Sinclair Oulf Southwest Oil t'nlted Oil 70 10T, K 30 .10.1 23V, SVh 174 23 r,2 . 7 r,s ns - 4 72 It 0 30', 120 21 Vi 2. 1711 211 (.1 7V V, Slj 1817 Fire 1919 Association OF PHILADELPHIA nTw. Cor. 4th & Walnut Has given its policy holders solid Indemnity for nioro than one hundred years and haa neve? been so strong financially as now. Have you a policy tn this old and reliable Company? CHARTER PERPETUAL . ... m MIN1SO cTOCKI Alaska T? C M ' Pit: l.edo V, Ilutte New Tork N Poeton Mont . . .S3 C V s 1 Jerome ... ' Con Arizona . 1 ' First National . 2 Fortum Cnnm 33 Goldrleld Conn Goldfleld Florence Goldfleld Kewanaa Ofildfield Merirfr Cireen Monater Hecla Mlnlnn Howe Sound Independence Lead Jerome Verde Jim Duller Jumbo Extension "rKlnle D.irrash Magma Copper . Alnthrr l,ode Mlnei f o nf America 'ii n .inqi tim ' Nevada Hills , lain Wonder Vlpieslnc 11 Ka Hercules 2'l San Tov . s Tonopqh Extension 2'- rnlted Verde West Knd Ton I'l MHilto Caps 1-1 1'. I s. ' s.- 'i IW i'i. 10 11'. II 1I4't 177 111 r,n'4 nni, 23 LIVESTOCK QUOTATIONS ! (IIICM.II. ,sft, J01S Itccelpt ' 22.UIM1 Market n better s'radea innntl nnc t lower than eiiterda'R niprair" packing i Kraoep iuiu pieu 'lop Ms. heay Jl.'i 101T17 in medium Tin.lOfflS llcht weight MllTTfirlK llKht llfl riftlflT M) heaw packing sows smooth $14 7HR,in 2.1. paikloir pows roimh. 14fl1.10 plup. Iin .inrais I'lTTIX- Uccelpta 12OO0 rj little trade, earh sale beef Meera and "elie tock tead . bulla weak, cahen stead I beef steers rhnh e and prime $1,1 7.rit? 17,10. medium and Rood $116rl."i.1n tom l tnon JR71SD11 llphr nelirht Rood and choice I13 7.1fl17 71 common and me.llum JR21W13.10 butcher heifers r, r,OW14 7n. limn B 2.1ffl3 Ml. tahea Jin 7.1W21 2.1 SHfclJP neirlpn 31IOOH nida on Iambs uneenl lower few earlx alea litHe mosth no, down Sheep about atead l I'lltahitrch. I'd.. Sept 11 HOGS -Tie ielpta 2100 lead. Lower Healea, $17vj 17 HI hea nrkers. $1 7 r.1ir IS 2.1, llarh orkcr. $in.10W17 piss. JIHSJ1BSO SIIKt;!' A.STi LAMBS Receipts. 300 head Ptead Top sheep, Jll 2,1, tp lambs $17 CAI.Vns Itecelpta loo head. Stead Top. $22 no. CATTLE He- Market ill IS tn no 3 3 .1 V i l' 41 "'. "' 2!) 32 0 11 fit n 41 4K Id 4 4 SI 10 ni KjisI llurfalo. Ppt 11 iclpts, 410 head Mirk.t slow rALVi:s Receipts 20o hend fcteadv. 57'r-ji HOGS Itecelpts 12S0 head Market .10c 'rtJI lower Heav 117. .10918, mixed, lis .10W1S 7n- orkers $1R nnM8 71 light lorkers $ISlfflR2,1 plus. J1S roughs $140' 14 HI elacs HOW 12 .10 SHKHP AND l.AMUS rtecelpts. 14IIO head Mnrket easier T.ambs, $81317 7.1. searllnss J7W12.10 wethers $ AllQ 111, rwes J41?n mixed sheep, J1I0P .10 Kansas Cltj . Sept 11 HOGS Itecelpts llOOO head Lower Bulk. 1"17 heavies lselosn, medium. Jl.iw W17 3A IlBhl lights. sows MtltM.I. Pigs CATTLE Itecelpts. 13.(1011 head and 2000 bean calves Lower Heaw beef steers choice and prime, $16 2.1" 17 7,1, medium and gnod J121,1(10. common. 511 tT12 in. light, good and choice $13 2.1117 2.1, common and medium. JS 4nifU3 4n. heifers. D 3.1914 cows Jfi LIK', canners and cullers, $,12.1 T II 1,1. eal calves. $14 no17. feeder steers. (.HIS 11 stoker steerr. Ill ROOln An SHEEP Itecelpts, 23,000 head Slow Lambs, $120 in 7ft rulls and common $7 25 fill, jearllng wethers $0,101112.1. ewes. $lln0tr8 7n. eweB. culls and common $3u fi 23. breeding ewes. $Sfff 13 7.1. feeder lamb J12HT13 2.1 Brokers' Hand Book Just Out! September Number of our free price guide, con taining higli and low prices for month and year; par, capital, dividend rates, etc., for more than 800 securi ties traded in the New York Curb Market, and the Boston, Toronto, San Francisco, Salt Lake and Los Angeles exchanges. Invaluable for investors and traders. Edition lim ited. Memo, page, com mission rates, etc. Ask Tor No. T. U.-619 JONES & BAKER SECURITIES Widener HIdg.. Philadelphia rhoncs rirU, Walnvt GfJGj Kcystonr, 77arc 2290 ew Tork Ilelroil Pittsburgh Chicago Direct '-luate ll'trta Boston Strvlce and StahtHty Getting Something! for Nothing f seldom materializes, but have you over considered how completely you get your "money's worth" when dealing with a pro gressive banking institu tion? Wo offer a banking serv ice of proven satisfaction and ask an opportunity of demonstrating our ability ' to meet your needs. Bust neFB or private accounts are desired, and we are prepared to offer any accommodation consistent with a sound banking policy. Integrity Trust Company Fourth and Green Streets Capital tSOOftOO Surplus & Profit f 1, 6 10,000 j2S'0rK'r. TO THK HOLDKUS OF CiKN- -' ernl Mortgage Income Hands or the ( entral ew l'.niland Railway Company. K, cured bv general mortgage to tho K1dollt Insurance Trust and Safe Deposit Companv nf the City of Philadelphia, dated January 2'ld 1ROJ Notice is hereby given that tlie directors t the Cesitml New llgland Rnllnnt loin. panr have In aicordanre with the terms of the mortgage t.rcurlng the bonds described fixed and declare, fifty dollars (le.10) as the irstallment, of Interest on each of said bonds for tlio jear ending on the first da of .Iul lOin. sali Interest will be paid li checks to ibe reglsterid owners of the bonds upon (he ridetlu Trust t'omlianji of the i'n of Philadelphia. These checks will be mailed ij i-i I Cii It appears on the books of the company as iil,7?1 park'"'lnl ieptomber 3nth. 1010. h order of the . !?..LSJL... ..-j ... I directors of the Central New flngland Hall ;ay company A i: ri.AnK. Treasurer Fidelity Trust Company llember Federal lleaerv Syatcn Capital $5,000,000 Surplus $16,000,000 nmvntnwn Office: Brood Htreet Offlet J2.1-.13 1 Che.trnt Pt. N. K. Cor. of 43 m W. Fonrth St. Tlroail ft fhestprri B V. tt'4 2 11 2S -1.1 I A 10 1A noNt rosden Oil Us Cosden &. fo fis Russian Oot .ls rtussian tiO t fit, s IOI 101 40 II 101 lot 14 47 Commonwealth Casualty Company Oldest Philadelphia Casualtu Compang Assets $700,000.00 Automobile and Teams Accident and HIckneM Insurant AKrartlT llbinl Hales Pellelea Prompt Claim Servle Xtk Your Uroker for Commonwealth Protection Call, write or prions Drexsl Building French rrenih ii spoken In most Kuropean coun tries Traielers going to Ruropo for busi ness or pleasure will get along much better IT tte speak French Men and women en gsred in export work will find a knowledge ef Trench to be of great alue clasMS 111 adamed and beginners' Krencn Blart Monday September 22 Writ'' or call for full Information YMCA Central Branch, 1421 Arch Street UNITED STATES GOVERNMENT LIBERTY AND VICTORY LOAN BONDS We buy and sell Liberty Loan and Victory Loan Bonds on commission at current market prices. Denominations $50, $100, $500, $1000 Edward B.Smith & Co Established 1862. BANKERS Members Ju York and Philadelphia Btoek Exchanges SEW TORK AM.ENTOWV ruri.ADELriuA llll CHESTNUT ST. NEW LONDON EA8TON WILLIAMS (&, WALTON General Insurance Agents Nos. 416-420 Walnut St. . PHILADELPHIA A Complete Federal and State Tax Service NATIONAL TAXAUDITBUREAU Tax Experts and rnb.'lo Accountants ion Colonial Trust Illdx. Market and 13th Bts. rhrrues 1015 Haca BOS West Philadelphia Art Glass Works STAINEDaEADED CLASS 4219 MARKET , ST. Phona hts ton 4979 for Estimate ffW'ffl We solicit subscriptions to j United States Tax Certificates of Indebtedness Dated Sept. 15,1919 Due fVlarch 15, 1920 4V4 x Due Sept. 15, 1920 4V2 Free of Normal Tax May be used in payment of taxes or held to maturity. Certificates due Oct. 7, Dec. 15, Jan. 2. Jan. 15 and Feb. 2 will be accepted in payment with adjustment of interest. Price Par and Accrued Interest FIDELITY TRUST COMPANY Member Federal Reserve System Main Office I 325-331 Chestnut Street 43-53 South Fourth Street ' V '?, Broad Street Office : N. E. Corner of Broad and Chestnut Streets fCAPITAL$500,000,OCtt SURPLUS (EARNED) 13 II $2,000,000.00 jj If -Jii ' " ))L!'M Vjbah&Spring6ardeivf PLAN AHEAD for the care and final distribution of your Kstato as you would for any other business matter. Consider the advantages qf appointing this Company your Executor and Trustee, and cori ,.ult our officials freely without expense. ! BE PREPARED! The Coppers Our Information and Statistical Department has just prepared a circular on the general situa tion in the copper Wtal market and the conditions surrounding; various copper stocks of cur rent interest, including Chino Anaconda Cerro de Pasco ivu.v uiisuiiuaieu i United Verde Extension Magma This will be sent io any one interested on request for F-61. HUGHES & DIER ..ember. '.."l&Sft'ffid. 1435 Walnut Street, Phila. Ssit ork omen SO Broad Htreet r; riNAM'IAT, frpf1!-!, Mfftrncw DlTlflfndn rzs? OTICK ! 1IKRKHY GIVIM THAT l.lr& at h bnfal MMtnsr of the Stock holdcra of th Drorfrn and Merchants flank, held on thn 2lpt dav of August. 1019. at which 330" sharpf f thn 4000 shares out fttamllnic wre present pither In pertwu of bv protv, and oting'. a resolution authoris ing and directing tli Directors and Ofncern of the Bank to YnTt the. Drovers awl Merchant!) Hank Into t N'atfonal Bank, and to make the rrtlflcate required therefor by the lane of the United States, was unant mously passed. EHNEST n. TATTON. Caehters LKIIKiH AIJ.KV TOATi SALK.S CO. w York September tl. iniW Th Hoard of Directors of the Ihljtii Vl lev CojI Sales Companv hae this day de lared a dividend of Tun Dollars per shar paahln October 1. 1919. to those Stock holders of the Companv -who are holders oC full share certificates of stork, registered on the Company's books at the rloae of busl n-F September 18, 1010. Checks wlU mailed W. J. niTRTON'. Secretary and Treasurer, TroposaU OfllcA nf the United ias ImproTement Co. N. V. Corner Uroad and Arch Streets Philadelphia. September 10 IBID. Thn Directors ha this dav declared quartrl dlidend of two per rent. ($1.00 per hare), payable October 15. 1910, to stockholdrK of reeord at the close of but nbtf Sept. 30, 1P1H Checks will be mailed. I. V. MORRIS. Treasurer. American Telephone & Telegraph Co. A dUldend of Two Dollars per share will be paid on Wednesday, Oct. 15, IBIO, to stockholders of record at the close ot bust ness tn Saturday, Fevt JO. 1119 G D Mir.NK Treasurer OFFICK OK THK hl'PERINTKNDKNT OV V IIIslC GKOVNDH AM) IIUILDINOS OF THK COlMtNUE,ITII OF FENN h.LVAMA, CAVllOl BUILDING. HAK R1SUUKO. PA. NOTICE TO CONTRACTORS Sealed proposals arrompanled by a check: on a solvent bank or trust company, duly rtiflri bv a nrooer officer thereof, in the sum of twentyftve thousand Ol'S.OOO) dollars. as a proposal g-uaraniy, win oe receivea the office of the Superintendent of Publla Ground! and Buildings of the Commonwealth of Pennsyhanla, at Harris burg-. Pa., until 10 a. ni. on Tnesday, September 23. 1110, (or the construction of th SOLDIERS AND SAILORS' MEMORIAL RRIDOD alonr Capl tol Park Kitension and State street, llarrli burg Pa. Specifications, plans, proposal and contract forms are on file and can be seen In the office of the Superintendent, at Hanisbupr. the office of the Chief Engineer In BaltU more and the office of the Architect In New York, and contractors may obtain tii Of the same by depositing $100 for each st nlth the Superintendent. This deposit, win be refunded upon return of the seta wltnout marking, disfigurement or other daroatce within ten days after the award of tn4 contract The right It reserved to reject anv or all proposals or parts thereof. Hv order of the BOARD OK COMMIT FIONERS OF PrRLIC GROUNDS AND BUILDINGS, COMMONWBALTH QfT PEN,N uv AMITCHELt4. T, W TEIPLKTON. Secretary, Superintendent ARNOLD W. BRUKNER, Architect. 101 Park avenue. New York city J. E, QREINER & CO . Engineers Fidelity Pldg., Baltimore, W. SEALED PROPOSALS will be opened by the Hupt of Lighthouees, Baltimore. Md., 2 o'clock p. m., Sept. St, 18X9, for furnUMos; and placing riprap atone around Wad Polni. Light Station. N. C Information upon ap plication to th above Supt. ,, :u hn f qi . - '-', J'n "Vf Hi ' h h! f" .r a . &-'i'wi, f-. V .
Significant historical Pennsylvania newspapers