Evening public ledger. (Philadelphia [Pa.]) 1914-1942, September 12, 1919, Night Extra Financial, Page 26, Image 26

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EVENING PUBLIC LED GEE PHILADELPHIA, FEIDAY, SEPTEMBER 12, 1919
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Philadelphia Markets
Said the Client
toihe
Architect
!ffou) about-
7f,
GOSSIP OF THE STREET
for ifie inside work on that
hundred-odd hornet for work-
The Perfect Water Paint men down in E
"Just the thing. I intended to specify it, for I know this
water paint from past experience, tin ypraij --.
I save you moncv, for ZEMEXTINE is considerably cheaper
than other paint, yet, in appearance and enduring qualities, it
will stand up against other paints that cost much more.
"Here's another important factor. The workmen ho will live
in these homes are above the average; the are solid, intelligent
workingmen, who will take an interest in their homes and see
that they are kept in condition. ZEMEXTINE being so inex
pensive, you'll find that the will use it frequently and thus
keep their homes in a state of cleanliness and repair. '
"That sounds good to me. (io to it,"
Used on all solid inside surfaces, plain and dcroratne. White
and color. By the bbl.. "c lb. smaller lots, 8c lb. Special price
to contractors. Sample on request. On the market oer 2,i
years.
Householders can buy it in 2-lb. cartons
AT DEALERS 20c Carton
johx c orrrnus. sirr 1:12 North 3it sm
in-
(LlilYDJ
The Quality Question.
When we say so much about delivery
and time, don't get an idea that we for-
get quality. Not at all but we keep it
in its place.
Much of the lumber in a building is
like the bones of a body it is for
strength, not beauty, and will be cov
ered up; but flooring is for beauty as
well as for use and so we have the
exclusive sale here of the famous
"ACORN" flooring the best oak floor
ing that experience has discovered.
Like your pet car and your wife's piano,
its name proclaims its quality.
After all, age, quality and good busi
ness methods all go together. They
don't come by accident, either. The
lumber business that combines them
has taken half a century to grow.
We're building to last. If 3011 want
to do the same, see that the lumber
mm ps from LLOYD.
I GRAIN AND FLOUR
I WHEAT Hrlp' 31B "8 buh-ls ThP
m-iik"t , firm I'h g"ivi outws.nl lnojf-
t m nt Uunl,llnn. .nnairl flit fnllnWf C1 r
loin in xport etniator Roermnent Riar 1
I lrd InfpeMinn stnnr)nrd prls No ij
red m inter 12 3n No 1 northern sprlfiK.
J2 31) No 1 hard winter W 39 No t red
"Inter, (tarllckv, J2 37 No 1 red smutty.
J2 81 No 1 red sarllrkv and smuttv, 2 34
t'nlted Rlatee Grain Corporation 8 purchases
of wheat are bleed on the following schedule ,
of dlfcouhte No 2 wheat. 3c under No 1.
No 3 wheat He undi r No 1 No 4 wheat,
in- under No 1 . No 5 wheat. 14r under
No For all wheat otherwise conform j
Ine to the apetiiliationn of No 0. or belter.
hut deflc ent In toet w-plght the discount
from th No 5 prlre will he .le.per bushel
for arh one pound deflciencv In test weight
Wheit graofnc Jielow No .1 for reaenns
other than efflrlrrv ,n test weights will he
bought on Its merits Smutty whiat will
he discounted arcmlmg to the degree of
-mutt but In no rase less than 2c per bushel
unoer tne col responding retfUIir grade v,sv
Ilrk whnnt Will U d ' ountrd lust HS hereto.
fore 2c per bushel from the regulnr grade
Mlxid wtn-u will b discounted from 2c to
, 5c according to qua itj and condition of
mlxtur- but unless otherwise instructed the
trade mm count on our taking No 2 mixed
iwhit o1 r'biia Iclphu Just as lur'tifor.
i ' 2 under the correspon llnj reguiai
I grade
j ionv -Tteeelpte 1(112 bushels Demand
, ' h lign and tirlces were again neTk .iri
I c v. quite to arrle 'ellow n 'r
lots for local tred" is to qualit and hia
i tion at $1 TCffl 71 per bushel
I OATS Receipts l'l 73" bushels Trvie
w is lr' apd thre was no churls" In prices
Up quite Tar lots as to toottlon o 1
hit" '? 7"l.c Vo 2 white 704 f'l'ic.
N'o 1 Iilio ,.', flTII'jc Vo 4 whlU.
7rt's'f(r7,i t ld oats command about 2c
preinnj it r "i pt Ices
rwi it it. -ipt 3 "j ii :o ih m sicv
Tb mirk't ru id steidv with a moderate
dnnard FIil 'tuotatlons To arrne per
ln !t H" lb Jute sacks Winter
I rvtr-ilehf 'em new 510 1fllJ4n near-
I b n Ml' I It. 2o Kansas strelght, new
Ml $11 2" 1. -usav short patent, new
11 jV'j 11 rtn f-prlng short patent new
llll-liij do p.t. nt new 111 251? 11,71.
'do Ir.t r it mw J1 nSD Ti
nil IXnrll i dull and unchanged
j rju tt $7 r.n n 7 Oil per bushel ln ss ks
ts to -,u l'l"
I PROVISIONS
Jr-ifi hi tiu'f ind larcelv of a lobMnc
hirirfpr and prirfi v r harelv stt?nd '
Jn itt mi"? fo iow Ii"-f In cet Mnoked and i
i r or en ir twr knucKiPt- nnu tndors,
smkd tnd air .Irifd l.'ic pork fa mi I v
"t ham: S P curtM loose '! do
skinned i on a 4 'ft'Tic do drj stnokd 3Hc,
n tii-s bnr 1 b rn"ifFE "3c Dlrnlc fthnulder
P njrc 1 r,t,tf j" do smoked .'HSf
jtl'. - bMlipy in pWk,. loose 33r break-
REFINED SUGARS
I (rht offTinp! rf:rtrtd business Prlrp
urr u" hanjrd Ln a b.iss o(, Oc for line
raliulT' J
FINANCIERS NOT TREATING
STEEL STRIKE SERIOUSLY
Present
Unsettlcment in Industry Holding Bach Big Rail
Orders, Which, Schivab Says, Roads Need
TX MAXY of
J- in I?nitnn w
DAIRY
n TTr it-
PRODUCTS
William M. Lloyd Company
CSTBT IHCr' 18S
29th Street and Ridge Avenue, Philadelphia
-Thre v as a fair dmind for
r f 'it c5ttad price's but mpdlm and
cr d ' ' i du 1 The fjuot ition rann 1
" f il 8oiiI pifked crjnmnrv xtrHf
" s h k,h forlns jrooiN ."'i1 iUc, ex
t i r-' "73 firsts .")it?5fi, perond' oO
' i Mupt r rf-dtTT fhedee ind fano
'' . fin f ilr to good ."V-j in ii'-ji
fin Irjnds if print Jobbing at 03Q6.V
I i r i roi ITg f2c
I 'I'j Ptn 1 1 v f ne Mok was in good df
n-i'M ,rd firm Trrt trrai the lnotres wcr
i I miiI irr-EUiir in Tlt Quotations Fret
f r-irb $10 2 per rratf. current re-
! 'In' V gnde $15 Ml fair to sued
Min'M" ""Htmi fTtr.L firpts. $10 20 cr
' i-- rits JK.'yl'On nfarbj and western '
i"- nd H2nliio Inferior lots lowr;
nn ' 1 tfij ees jobbing at fllG3c peri
d( ZT)
' HLIn There was little tradinff and I
r- i drict wis barll teadx Quotations J
' York tiiil i-.ronsfn w mde mtlk flat
u-r-nf make fdiu 2(Q'2lft, speciili,
- r -rk md Ui-xoncln whole-
1 i'- 'jrr nt rnnke f,ilr to wood 3n
- in- 4iin xnnqs jocninK at i-taiQa-tc.
POULTRY
T F Tanr desirable i2ed ftock was
li Hdi c i uu and firm The nnrttniAn
1 ' ' ', i Leghorn fancy, fat I
Oli i S antpr! and n a. th '
.m1" it i-r io'ms not iennorns me-f
dium S2is a . vnress ,31fj3.V small sizes I
A ?-" ' yw hire tghrn la expre- I
11 y 34" pr tin ihifkfn broilers not Les
r'3 'llr s-Mnnfd wetghtus 1302 lb'
i pie'' Utnv 'prln,; chirk. ns broiler
ii;t Lffhorrs m jw -skinned 'eiffhinr 10
Pa Ihi apiece iQ-PAr h'te Leuiiorns
Minw . skinned - nhinj, l'aJ lbs apiece I
ti ni'p UchoTis jepow "Kinne' MnaJler i
Z JsHJC roosters ''IT, JJr- rinelrs I
ppri s J-c do pktn old J7 iJ2Sc, do
1 ldim Runner o'd .,,i'5J"r piffeons old
ppr pdtr -IOp do uiung ,er pir 3'3'40c
t-ijti Ire
FRESH FRUITS
Tbere v as a fi demand for nil de5irab'
f Ui's at rtied prices Wf quote Apples
per baket Vir-SM T."i do j.er bushel ham
i r $1 ?2 .Vi do pr barrel 3 i0S tn
nloupe Nen Jere per basket Ulcfl SI
iii western rer flat nf $1 M'ni 7s
Udtei melons Jib per 100 ' $&ii?2-0
lach"S Wh- .Ter- P,r rrato ?iTiT '.
uo
di per bask-
p r buhel si -ti
1T '"-in
ket. Ig22 d
it"
$1 Vt
V-T J Pears Bartlett
n do .ei kel p"r buhe,
s. ronpfl"! per pon b-if
Delim ire por 8-batket
tnnt,". 1 ilifi
Lein
nl
n
ppr box,
box f2 OVi 1.
$.' 40 (H ft .10.
IHLKN h bl C, HAHU 11L
llfr
VEGETABLES
Dmand was fiir and prices were cn
ra' -:trad V. quote White potatoes
ifr-, jrt bTkrt No ft 20 lowrr
1 td- fi' "r- Wh'te potitopq per 1 "n
lb sacks $3 50 S 4 VI, do Penni per rwt
1 i 1 potatoes Southern Vo 1
i r bbl r'iirJ1 do Xo 2 per bbl
. v. " J r" per basket l(?i T, f Rb.
iK" N J Tr basket 407"lC do V y
itnKiir rer ton $n?Tl Onion- N T
rr buh hunPT Jli?2 2.1 do per Inrt b.
i'l TJ -"'' 1 71
rTf" 1,1 "r
BAR SILVER
Cninmprrinl bar silver win quoted in
N Vnik today nt $1 12 an ouncp, n
, dpchnn nf on? rent. In London, thp
nrirr n tiOd, don Iid
( STcabeV W
y pai.vt n
Add WlS and Life
i Ar
APPLIAHCES.
Valley Ironworks
Gammcrcial Trust Bldq.
W 2i." cabev y
aBI-rr-i-iDCV
cs
Tc
ID REPAIR MATERIALS
EVERY one of these six Carey paints
stops depreciation. Ithelpsyousave
property you already have. It stops
a loss that is going on every day and every
hour.
The roof, the siding, or the smoke-stack
saved is always worth many, many times
more than the cost of the paint.
Fibre Coating, Magnesia Coating, or Uni
versal Coating will add years of life to any
kind of roof. Noahs Pitch will stop leaks
in any kind of roof. Black Asphalt Paint
will protect metal while Carbon Paint is
best where the metal is heated. The 'only
question is, "What product is the best to .
use in a given case?"
Call on u. Our experience is at your service.
Carey Building Materials
Atxto Dullt-Up Roofi
Flberoclc A3 be tot font
A(altU(SbltiAl
Fibre CoatlnJ for Roofi
Atpbalt Bullt-Up Roofi
Feltez Aaptialt f!U
ImuUtlni Papora
Aiptiiit ritctj
Damp-Proofing Compounds
Rooting Palnta
Wall board
SS MalnMla Pira nd Uoilr Cotcrluta
lrey riexjoi rncni MwuaK
Klaarlt Expanalon Joint
Aabeatoa Alateiials
KoUKoonnil
Writu or ttlephone. We guarantee latltfaction.
AMERICAN INSULATION CO.
EXCLUSIVE DISTRIBUTORS OP
CAREY PRODUCTS
MOBCRTS AVENUE AND BTOKLEY STRUT
PHILADELPHIA
NAGLE
STEEL COMPANY
STEEL PLATES AND SHEETS
Pottstuwn, Pa.
1'hila. Olhce, 1411 Morris Bide.
Chas. J. Webb & Co.
Wool
and Cotton Yarns
11fi Chp'tnMt t PMlnplnTiin. Pa
tho brokers' offices yestcrdny it wns Fold that the situation
tnn rns hnrine more pffert on the stork market than the threat
ened steel workers' -strike. It was arknowlerlRert that if seriou disturb
ances occur nsaln in 15o-ton overniRlit tlie market will open considerably
"oft" this morning.
As to .the threntened sterl strike, no one in the financial district peemi
to fear it. As one banker put it : "We are of the same opinion ns the pteel
operators. AVe aj if there is to he a Ptrike let it come an'l let us hae it
over with ' It is this waiting to see what is going to happen that has got
on all of our neives; better get it o er and get done with it and get down
to real work that is needed so much, lie said.
When speaking he showed a telegr.'Mn from a responsible concern,
which said that CharlcR M. Schwab hnd said that 5,000,000 tons of steel
would be needed duriug the coining jear for rails and railroad equipment,
and nil that is holding the orders back is the unsettled conditions.
Some said it was injudicious of Mr. Schwab to make such a statement,
under present conditions, as it gave to the intending strikers and their leaders
the information that steel is needed badly, and by striking now they can
hold up mutters until their demands are satisfied. A certain broker said
that in the light of Mr. Schwab's statement tho steel stocks were selling
much too luu.
But no one seems to treat the threatened steel workers' strike seri
ously. They are counting on the correctness of the statements of the opera
tors that the number of unionized men in th"ir employment is very smnll
and that man of them are not in finor of a strike at present and will
defj their lenders when the time comes.
The news from Hostou, however, is expected to.be the determining
factor in todaj's opining.
Big Demand for New Treasury Certificates Expected
It is thnbelief and hope of John II Mason, president of tho Commer
cial Trust Company and director general of war loans, that there will be
a generous n spouse on Mondnj , Tucsdnj and Wednesday next when the
new hit months and twelve mouths (citifirates of indebtedness are publicly
ofTeied. 'In speaking of the matter Mr Mason emphasized the fact that in
connection with these issues there will be no quotas assigned to any banks
or on. terntor.i Mr. Mason has eideDtly little faith in the quota plan,
and past experience has proml that his position in this respect is correct,
since the offering of certificates of indebtedness made without quota was
oversubscribed in forty-eight hours bj about $70,000,000.
The piepnrations for such an issue of certificates ns he coming one,
he said, nie enormous, and in the planning one important point was nlwiija
Kept in i ii' In Secretarj Glass mill Assistant Secretary I.elBngwell, namely,
the effect the snle of these certificates would luo e ou the outstanding Liberty
Ronds Mr Mason sajs the offering of these six and twelve months certifi
cates at 4J4 and -i'b per cent will unquestionably reflect favorably on Lib
erty nouds.
As f.ir as the Victory lionds are concerned, he said, the evidence is that
thej are taken care of by themselves, and the same is true of the Liberty
."'j tax-free bonds; but the care of the Treasury Department is principally
for the great mass of Libert I'onds outside these two classes.
New York Central One-Year Refunding Notes
Many of the lending banking and ine-tment houses in this city were
without any particulars of the . I. ",0(10, (100 issue of one-jear refunding
notes of the New York Central Railroad Company, which were offered to
the public ou Wednesday in New York
There was also a good deal of surprise manifested that Wednesday
should hac been selected to make the public issue, with the exchanges
losed and all New York en fete for (ieneral I'eishing and the famous l'irst
Dnisiou. j
It was pointed out, however that the proposition was really a banking
operation, and it was believed would not affect the stock as there was no
increase of indebtedness against the sstem and as the proceeds of these
notes are merely to refund an issue nou almost due.
It was said the notes are being ottered at 0!t''s. While the general im
pression is that the notes will meet with a ready sale, any considerable
oerstibscription is not expected.
One of the leading banking houses has orders for several hundred
thousand dollars of thc-e notes, and were among those who wVre surprised
at hearing of their being offered jesteidaj in New York.
On the other hand, it was said that a large financial institution in
this city owning $00,000 nf the manning notes had decided to take cash.
There were several financiers who said in their opinion many of the holders
of the maturing notes would accept the new notes in exchange, as addi
tional collateral has been placed behind the new issue.
There was a good deal of faorablc comment over the collateral which
it is said is behind the notes Krom a reliable source it is said to be
?20,000,000 New York Central lefunding and improement 4';s, series
A-201H, and 75,000 shares Heading Railroad first preferred stock. The
market alue is said to be in excess of $18,000,000.
Official Washington Too Busy to Read Speeches
I In one of the banks jesterday there wjs some discussion about the
I peace treat; and the league of nations. A gentleman whose business takes
I lii in frequeiith to the nation'scapital snic! he was surprised to find such a
lot of di-fiission, sometimes with pasion over these two subjects, when he
ictumrd to this cit. . Why, he said, in Washington one hears no such
thing, more especially when visiting the departments. Heads of depart
ments and others, he lenmrked, whom one would think are intensely inter
ested, being so near the center of di-cussiou of these matters, apparently
take no interest, and if asked if the had lead such a senator's speech or
the remaiks of a certain leading representative, they plead ignorance.
"Never read them," is the stereotyped answer. They have their own special
business to attend to, he said, and that alone seems to interest them.
As for Shantung, he said, a mi of people don't know whether Oer
man or China or Japan has it Thiv man said the lack of confidence in
Japan abiding bj her word as shown b ceitain parties is a shame, when
recentlv Japan showed her faith in the t'nitcil States by purchasing
So, 000,000 of our securities Of course, it was to Japan's achantage to
do so, he said, but she didn't hae to
Cummins Bill Has Few Friends in Financialdom
The Cummins railroad bill doesn't appear to have many friends in the
financial district One banker sU1d the onlj thing he could say in favor of
it is that it is better than the Plumb plan The impresion gained from the
opinions of financiers who had ghen the bill some attention was that they
are heartilv in faor of the objections to the bill raised b Thomas Dp Witt
Cuyler,, chairman of the Association of Railroad Kxecuthes.
A broker whose remaiks are npical of those who expressed opinions
on the matter said that Mr Cinbr had put his finger on the weakest link
in the whole chain of the Cummins plan lie said the idea in th Cummins
bill that a railroad which was a gooil earner, either through good manage
ment or for some other reason, should give a part of its earnings to a less
fortunate road might be good socialistic doctrine, but we haven't socialized
or nationalized our railroads ,iet
There is he said, little danger of the Cummins bill being passed as it
ttands. but if such were possible the.-e would he some cheap ralrcad stocks
on the market; and, he added, there are plenty on the market now that
are cheap fnough.
BUSINESS NOTES
Tho Farmer' Protectee League
executive board nt Montgomery, Ala.,
has fixed ,$80 a ton ns the price for
cottonseed, and at the same time in
dorsed the price of thirty-six cents a
pound for cotton, ns agreed upon bj
the American Cotton Association.
An American company lth St,."00,.
000 cnpital has been Incorporated In
Kingston, (Inmniea, to develop the to
bacco trnde. Large local companies
have been acquired, and the trade is
now virtually in the hands of the Amer
icans. Cablegrams from Yokohama dated
September 10 received jesterday quoted
Slnshui No. 1 at 22SO jicn and Kanai
No. 1 at 2300 yen, indictntlng that the
Japanese market is steady Prices are
nominnlly unchanged, but it is possib'c
to buy from ten to fifteen cents a pound
under quotations in individual trans
actions. In a bulletin sent out b.v tlio National
Sheep and Wool I'ureau, presentiir; ar
guments why the public snoiild get be
hind n campaign for a "pure fabric
law," it is nsserted that "the people
are bujing virgin wool and getting
shoddy, due to the fact that the bulk
of the raw material used in textiles is
not virgin wool as the people believe."
The demand for finished linen goods
of all kinds is increasing in volume,
according to late reports from the Bel
fast linen manufacturing center in Ire
laud. The shoitage of flax and yarns
is making it difficult to supply the
wants of customers and prices are ad
vancing daily. The greatest shortage
is expected to occur next spring Amer
ican importers are said to be nctive
in the Belfast maiket, but hnvlng de
layed so long in placing orders are
finding it difficult to get mills to ac
cept commitments now. As u result
thej nre declaring their intention of
going back to cotton substitutes for
the all-linen articles.
The British commission which recent
ly visited (leimanj leported that one
of the chief features noted was the
amount of rabbit skins they found in
the process of upper stock. One prnc
tK.il leather dresser, says the Tan
Lers' Council of America, reported that
he was astonished at the degree of ex
cellence which had been attained in
the finish of these goods, as some of
the better grades of skins could be
i pns-ed for glazed kid. The tanning of
rabbit skins was due to thp scarcity of ,
other leather.
nesnmptinn of trade and communi
cations with Hungary has been nil
thorized. nccoiding to a statement made
public by the war trade board of the
Department of State. Imports into the
Cnited Stnte- from Hungary may take
place under general import license PPF
No ,17, which has been revised and ex
tended so ns to permit importations of (
all commodities except those specifically
enumerated in paragraph 1, 2 and 4 of I
this ruling. I
British manufacturers, according to '
the weekly letter issued by the Tan
ners' Council of America, nre apparent -h
making strenuous efforts to resume
trade with German?, and hnc estab
lished a Chamber o Commeice nt
Cologne, which has" been formally
recognized as the British Chamber o'f
Commerce. It is affi'inted with the
Associated Chambers of Commerce of
the Cnited Kingdom. The aim of this
association is to give adioe and as
sistance to Biitish subjects newcomers
to occupied Germany, and to voice tho
needs of British merchant. '
Hides and shins may be shipped from
India to all parts of the world except
enemy and Scandinavian countries, says
a cablegram from the American consul
at Calcutta sent to the Department of
State. The cable makes it clear that!
the licensing system will not be Imposed K ab. ""ttaty nt the regular meeting
ui in; umxiu ui kvmtiuimoi jlmc tcaigun
on exports of hides and skins.
Sl prominent English cotton manu
facturers nre scheduled to arrive iu
New York today for the purpose of
making a survey of Industrial, manu
facturing and merchandising problems
in this country, especially those apply
ing to nfter-the-wnr production,
Tho Commercial Bulletin tomorrow
will say: Business has been exceed
ingly quiet during the past week, al
though one or two houses report a
slightly Improved demand. Prices,
however, have shown no further easing.
The action nt Philadelphia Thursday
w a s unsatisfactory, withdrawals
amounting to 84 per cent. The I'ng
lish markets arc hwamped with orders
and prices nre holding very firm. The,
manufacturing situation .here is un
changed.
Texas-Pacific Coal Pays Special
New York, Sept. 12. The Texts Pa
cific Coal and 'Oil Compnny has dc
clnred a special dividend of $11 a share,
in addition to the usual quarterly divi
dend of $1 .50 a share, both payable
September 20 to stock of record Sep
tember 15.
QEORGE W. ELY RESIGNS
Served as Secretary of New York
Stock Exchango for Last 14 Yeara
New York, Sept. 12. George W
Ely, who for almost fifty years has been
Identified with the New York Stock Ex
chnnge, ejther ns a member or Its sec
retary, yesterday tendered his resigna
tion was nrcepted with a vote of re
gret nnd a committee of three appointed
to draft resolutions of thnnks to Mr.
Ely for his long, successful' service with
the exchange.
E. V. D. Cox, member of the Stock
Exchange firm of Cox & Shaw, was
elected to succeed Mr. Ely. He will
assume his new duties at once, as Mr.
Ely requested that he be relieved ns soon
as possible.
Mr. Ely became n member of the
Stock Exchange In the year 1S00. He
left in 1S0S nnd returned in 100.". when
he was elected secretary, which posi
tion he has held for a continuous period
of fourteen years. During his period
of office he made many warm friends
nmong the members of the exchange.
He was born in this city on January
8, 1830, nnd will celebrate his eightieth
birthday the coming January 8. Be
cause of hjs advanced ageMr. Ely de
cided to retire from the exchange. Dur
ing the Civil War he served as a cap
tain with the Seventh Regiment, New
Y'ork, and had the distinction of being
the youngest officer in the regiment.
Mr. Cox, his successor, Hoor member
of the firm of Cox & Shnw, has been a
member of the Stock Exchange since
IR83. He has served ns a member of
the governors' committee, business com
mittee, clearing house, quotation com
mittee and the committee on securities.
rr-
SALE OF GOVERNMENT PROPERTY
THE UNITED STATES HOUSING CORPORATION OFFERS
AN UNUSUAL OPPORTUNITY TO THE INVESTOR IN
THE SALE OF THEIR UNFINISHED DEVELOPMENT
NEAR NEW CASTLE, DEL.
This property is beautifully situated on the shore of the
Delaware River, "with view of Atlantic Ocean, is easily ac
cessible to Philadelphia or Wilmington, Del., by water or rail.
Electric railway through property.
An ideal location for permanent summer hotels and homes,
amusement park or industrial establishment.
Real estate consists of eighteen acres of land. Permanent in
provements consist of six dormitories, with a total of over four hun
dred single rooms, Central Dining Halrvand Kitchen, Central Heat
ing Plant, which are 35 to 85 complete. There are seventeen
temporary buildings, consisting of office, warehouses and labor
housing.
There is approximately sufficient material on the ground and in
warehouses to complete th project. This consists of lumber, plumb
ing, electrical, heating, water and sewer, well and pumps, with
10,000-galIon storage tank and tower.
Approximately $370,000 had been expended on this property
when the armistice was signed and the work abandoned.
Other information will be given upon application.
Sealed bids will be received up to noon September 18th, 1919.
Such bids should be marked "Sealed Bids for Sept. 18th," and
must be accompanied by cash or certified check for 5 of the amount
of bid.
The Corporation reserves the right to reject any or all bids.
Address
SALES DEPARTMENT, U. S. HOUSING CORPORATION
ROOM 303, HOMER BUILDING, WASHINGTON, D. C.
:
:
i
O. W. KETCHAM
Mannfnrtnrrr of
Architectural Terra Cotta,
Bricks
Hollow Tile, Etc.
'. v
URGES U. S. TO SEEK
BLACK SEA TRADE
American Business Men
Block Bolshevism, Says
Business Expert
on the P.lack sen, declared the field is
ru h in possibilities tor the sale ot
' nro,c nf nil l.;J
' "I Ull UIMI19.
'If the United States decides to take
the Turkish mandate," said Mr Pay,
"she will settle the disputes concerning
May h(- partitioning of Turkey, and also
win uDtain in toreign commerce a gold
i mine, of 'vhicii Constantinople will be
merely a base for the Black sea country.
"If the mandate is not accepted
quukly, Bulgaria will go Bolshevik, due
to the present commercial blockade.
Business is the cure for bolshevism. This
is nou instanced in the Black sea norts.
dent of the American Toreign Trade i which nre clamoring for goods of all
Corporation, who is visiting Constant! I Kindb. If the United States spent a
nnnle in Hiscusfin" trade noss,hilities ' ha,f billion dollars on the mandate she
Constantinople,
P i II. M Day.
Sept. 12 fBv A
of New York, presi-
I in Turkey and the countries bordering
I
tyya
S.TJD
Blower Equipment,
Heatinc, Ventilation tnd
Exnimt System,
Sbtet-MeUl Work.
Safety Goardi.
C. H. RAUB
Wayne Ave. A Berkley
St.. PMIatMoMa, Pa.
NEW YORK
SHIPBUILDING
CORPORATION
has ateadr work, rood wares and
eictllent worklnc condition!-. Thar
ara onnlnaa In nearly all branches
for akllled mechanics.
Apply Employment
Department at the Yards
Camden, N. J.
THE BALDWIN
locomofiveWorks
Steam and Gasoline
LOCOMOTIVES
Philadelphia, Pa.
would gtt it back many-fold.
"If other nations are permitted to
. grab up every corner of the globe and
' i raise up tariff walls, we shall be frozen
out .Mandate, or no mandate, I ad
vise American business men to come to
this fiela, which is the most fertile on
earth.
"What is killing our trade is the
handbag salesman, whose firms do not
honor orders because they change prices
between the time of taking and receiv
ing orders. Nondelivery and a dis
gruntled customer Is the result.''
JULIAN S. SIMSOHN
An Organization of
CHEMICAL ENGINEERS
For Technical Operation of Power Plants
Water Purlfleatlon Coal Analyrta
Gold Withdrawn for Shipment
New York, Sept. 12. Two hundred
nnd fifty thousand dollars in gold has
been withdrawn from New York de
positories for shipment to foreign coun
tries. Five thousand dollars In coin
has been withdrawn from the subtreas
ury for shipment to Canada, and the
same amount hag been withdrawn for
shipment w Boutc America, two hun
dred and nine, thousand dollars io bar
By order of the
Secretary of War
THE UNITED STATES OFFERS
NiirOa West Vir
ginia, For Sale
BIDS TO BE OPENED SEPTEMBER 30, 1919
A complete, industrial community, embrac
ing 737 manufacturing buildings, housing
accommodations for 20,000 persons and tho
utilities and civic improvements that consti
tute the conveniences of a modern city.
LOCATED 16 miles northwest of Charles
ton, W. Va., on the main line of the Kanawha
and Michigan Railway, and fronting three
miles on the cast bank of the Kanawha river,
a navigable stream that affords water com
munication with world markets through the
Great Lakes on the north and the Gulf of
Mexico and the Panama Canal on the south.
This h one of the world's largest SMOKE
LESS POWDER PLANTS, includes many
manufacturing units, aU of which may bo
converted readily to cor,. Jercial industries.
The industrial community includes a SUL
PHURIC ACID PLANT, with a capacity of
700 tons per 24 hours; a NITRIC ACID
PLANT, capacity S00 tons; a COTTON
PURIFICATION PLANT, capacity 225 tons;
nitrating, colloiding and drying plants; RE
FRIGERATING AND ICE PLANTS; a box
manufacturing plant; machine shop; thirty
storage buildings; sixteen shipping houses, and
numerous miscellaneous buildings.
The civic community embraces 1500 fur
nished portable houses, 75 permanently con
structed executive residences , hotels, board
ing house?, dormitories, clubhouse's, general
and special stores, cafeteria, moving-picture
houses, a 400-bed hospital erected under the
supervision of the Fedeial Public Health Serv
ice, a 24-room schoolhouse, a police station,
bank and administrative buildings.
The utilities include a power plant equip
ped to furnish light and supply motive power.
A transportation system, equipped with steam
and storage battery locomotives, and consist
ing of 18 miles of permanent, broad-gauge and
19 miles of narrow-gauge railways, ties tha
industrial area together. A modern telephone
system provides interplant and residential
communication. Sewerage and water systems
safeguard the health of the community and
provide protection against fire. A pitch-surfaced
macadam road extends through the
reservation.
Nitro is in the center of a region rich in
natural resources. Surrounding coal fields
supply the highest grade of steam and' coking
coal. Natural gas is available from welb
located in the immediate vicinity. A high
grade crude petroleum is produced in this
territory.
Labor skilled in iron, steel, chemical, glass
and kindred industries can be recruited from
sections of West Virginia immediately sur
roundine: Nitro.
The United States recommends that partiei
ir.tercsted in particular units of this project
aociate themfelves for the purpose of sub
mitting a bid for the entire property. To facili
tate such bidding, government agents will put
interested parties in much with each other.
Property to Be Sold Includes a Complete Manufacturing Community, the Various
Units of Which Are Readily Adaptable for Use in Various Lines of Industries
Sealed proposals will be received at the office
of I. H. FRANCIS, CHAIRMAN OF THE
ORDNANCE DISTRICT SALVAGE BOARD,
1710 MARKET STREET, PHILADELPHIA.
PA., until 32:00 o'clock noon, September 30.
1913, at which time they will be publicly
opened and read, for the purchase of the,
United States Government Explosives Plans
"C," located at Nitro, West Virginia, which
was constructed by the United States for the
manufacture of smokeless powder. ProposaU
must be for the purchase, either for cash or
for part cash and part deferred pavments
amply secured, and must cover all right, title
and interest of the United States in all real
estate appertaining to this plant and all equip
ment, fixtures and personal property thereon
and thereunto belonging, except that title to
certain fixtures and personal property is re
terved to the United States, information re
garding which will be furnished prospective
bidders on request. All proposals are to
be accompanied by a money deposit in the
f form of a certified check made payable to
the Treasurer of the United States in the
amount of $500,000. The United States
reserves the right to reject any or all bidi
Nand to accept that bid which it is deemed
wilrbest serve the interests of the United
States.
FACILITIES
There is included in the property to be sold
the following: 1800 acres of land, more or
less; a SULPHURIC ACID PLANT in seven
units with a rated capacity of 700 tons per
twenty-four hours; a NITRIC ACID PLANT in
four units designed to deliver 300 tons of nitric
acid per day; a COTTON PURIFICATION
PLANT of standard pulp mill design in four
units with a capacity of 225 tons per day,
adaptable to the manufacture of wood as well
as cotton pulp; Nitrating, Cellolding and Dry
ing units; a large machine shop; a power plant
of 35,000 rated boiler horsepower; a water
system with a capacity of 60,000,000 gallons
per twenty-four hours, .including a purification
works, sixty miles of distributing system and
appurtenances; sewer, power and Jltrhting
facilities? a plant railway syiUra, lcludisjr
rolling stock; a box factory; a civic develop
ment comprised of houses for 20,000 persons;
stores, school, hotel, 400-bed hospital, millc
plant, laundry and ice plant.
The plant is located on a navigable river and
on the lines of .tho Kanawha and Michigan
Railway, and is in the nptural gas and coal
belt. There are large stocks of mechanical
supplies, chemicals and commisjpry suppliei
and a river fleet consisting of a 6teamer, der
rick boat, barges, etc,
INFORMATION CONCERNING THE
PLANT AND FACILITIES and TERMS AND
CONDITIONS OF THE SALE may be obtained
upon application to I. H. Francis, Chairman.
Ordnance District Salvage Boktd.1710 Market
uii uiioueipniBi -., er w infl uracer la
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