fy.3frJff?1Tc'',- - iVftHi'fT'" T" .-yyvTwjw' ".,.. r.ftV i'i'v.,i5H;,j ,. a- rw., "v ' )WT.:S1SWW
MVi,
t?
B-V
1
..
EVEIKQ PUBLIC L1EDGER PHTdAt)ELlJHrA TUESDAY, OCTOBER 21, 1910
-, i-
10
h
I'
Ac
I ft
I
y. J" FITZGERALD & CO.
Setter Pipe. Flue I.lnime I
Wall Cnplne I
rntn and l'lre Brick I
aii m av nnniiiirpo '
ALL CLAY PRODUCTS
Mam Offices anil Wartboiiu ,
SECOND & BUTLER St., fill LA., PA.
IMPACO
CEMENT AND BRICK
COATING
FOR STUCCO-CEMENT OR DRICK
ALSO CEMENT FLOORS
Will Realit Water, Oils and Great
IMPERIAL PAINT CO.
1518 Snrwom Street Philadelphia
HYDRAULIC
KflCHIHEKY
DD1lfK
We are equipped to do the
work at your plant and lave
you the expenae of long tie-up.
I'linn. Wat. 1RU and Mnln 31 14
Greer Join Interallied Trade
A (I'otnimiiiltjr of Interests lms been
rstnblMicil between Me'srn. II, unci AV.
(deer, l.tl,, nnd the Interallied Trade
mid Hanking Corporation. Ltd., of Lon
don. The tiieer roni-ern W Inereanlnn
Its eaiiital to 000,000, of Thlfh part
will be Mibcrlbed by the Interallied
Tnule and Hunklng Corporation. On
the other linnil, the (ireer company win
iicnnlrc from present holders n "lib-
atantial block of stock In the Interallied
Corporation.
The two companies will continue as
separate concerns, but K. L, Walter,
of the flreer Company, will net as man
nsliiB direetor of both organizations,
Sir .lohn Field Henle will be thairman
of the Interallied corporation, while I
C. (initios and L"on HnelT will Join fflc
board of dlrertors of the tiieer Com
pany. Harry (ireer will be rhalrmnn
of the latter. W. .1. (Jrecr and I.coji
Hiicff. of Sellginan Hiotheis, London,
A Permanent Income of
$88 Annually on an
Investment of $1,120.
Our Folder No. 350
describes the Preferred stock of
an old-line New England Company
established in 1856, which has
been .doing a consistently profitable
business for 63 years.
' Let us show you how an investment
of $1,120 will return an annual income
of $88, or a yield of
will Join the board .of the Interallied
corporation.
Liverpool Cotton
Mterpool, Oct. 21. There was a
good demand for spot cotton today, with
prlres steady on the basis of an oii
Mtiiro of 21 points for middling, at
J'.'.'Jlld. The sales were 10,000 bales,
including 7000 bnles American. The
receipts were 0000 bales, none Ameri
can. Spot prices were; Amerlculi
middling, fnlr, 25.41(1 : good middling.
2.'i.00d; fully middling, IKi.OOd: low
middling, '.10.41(1; good ordinary,
18.40d, and ordinary, 17.40rl.
GOVERNMENT BONDS
tllrt Auk
ransma coupon Vs. ln.lfl nil
f'annma realetered 2 III3H . OH1 ..
J'anntna resleterM Sa. IMS . niH
lanamn coupon 8a. mm.
JP'1"1 realnterert Ba 19'tl
'! Wine a 1034.
I'h Ippine in, loai
j'hllippino 4f'
WSU
!! 2 '?'" coupnn-L', 1030
(Inn rcmetcred S 10:
L N (ill,, .!... J- .n
, u ... ' "".'"11 IX, l,'.l lll'tVA
in., V. """"ri-A in ISM lnni.
I'll of CnlumlilH 1M1.V 11124 H7
Hit
Ml
II'.'
.'
inn
030 inn
ion v.
nt
in
mi
pn
in
mow
1(10.
tun
LIVE8T0CK QUOTATIONS
Chicago, Oct. SI 1IOOS i:tlmntei re
ceipts, 311.000 heart Irffi iner BSlia heart.
Openlnr ery slow Few early trnde, nr.flp
BOe l,oner. AerKe cot yistenlsy $14 nil
CA.TTI.B Kntlmate.1 receipts, in. 000
heart.
Hecker & Go.
Bankers nnd Brokers
Member ot Philadelphia and New Tor It
Stock nxrhana.
N. K. COR. Mil AND rilF.STNt.tT RT1.
mmrmwnmmmm miiiiiimi'iiiihiiiiiiiiiiwiiiiWj
I B IJp Kn'neewtMaehlnJelf jTtt if I
, IP- 610 CHESTNUT STREET '
nwr tJHBagBIMMHilaHnBBHMaiHaH III
, 7THE WHITE
' . FOR W00D-METAL0R PLASTER ' 7,86 I 1
dTAII Jtorra f
or III '
Thomson Vfeod pniahing Co. sd for Folder PPL-1.10. ' 1
; ..,.., .,.,,., .......... w...... v.- ........!.:.: : v; B H
1 I BUILDERS' I HollisteiWliite & Co. I 8
MILL WORK MCOOSTa I VKR SIO.000.000 nBI-OMTS j
iji; :::: I North American Building II 13
:-: n n i i it' j:;: PHILADELPHIA I BiilliMM I
K; - 1 P, S BOSTON PROVIDENCE SPRINGFIELD I I
Columns, Etc. g JJJ I Lh KEYSTONE ELECTRIC CO.
I THE HANEY-WK1TE CO. f -, Jl ZT
:: " :,: I I'hone! Malnut. 4083
;i 17th and Glenwood Ave. ::
i Office & Warehouse :!
:': 21st and Glenwood Ave. !:
:: Lists From Plans and :;ij
1 Estimates Given WHEN, AS AND IF ISSUED '
Kmtwmmm!im $1,200,000
i i iuoiTq'uai .ity quick SERVICE J
E Motor Truck Delivery 1
1 lansdale FoundryCo.
H 1 nn.ilnle. Tn. Phone Laneda'e 4.0 II
' ' ' 1
'TO those who believe
that a bank "should
be known by the de
positors it keeps" the
Continental - Equitable
Title & Trust Company
is best described as an
institution having;
10,000 active, desirable
clients whose present
deposits aggregate over
$10,000,000.
CONTTNENTAL- EQUITABLE
Title . Trust Company
12th Street Above Chestnut
Philadelphia
$1,000,000 Capital
$1,000,000 Surplus
United States Shipping Board
Emergency Fleet Corporation
Offers for sale, surplus
IRON. STEEL AND METALS
in the form of
SHEETS PLATES SHAPES-BARS
which is available for inspection at
Hajs Station, Pn.
Haltimorc, Mel. Hrooklyn, N. Y.
Hog Island, Pa. n,'a?0,' "V, Metuchen, N. .1.
W Orleans L Xcon. --";
ao. Bethlehem, Pn. Plattsburc, N, Y. Arvcne, IS. .
Althcnlu, N. J. Sparrows I't.. Md. FitchlnirK, Mass.
Port Huron, N. Y. Providence, K. I. Hrunswick, Gn.
Bristol. Pa. (Juantico, Va. Camden. X. .1.
Xewark, N. J. St. Louis. Mo. Sellers PL, Md.
The material consists of approximately
3000 Tons Sheets 20;000 Tons Plates
7000 Tons Shapes 2500 Tons Bars
Arrangements to inspect this material may be made, and detail
inventory can be had on application to Head. Sales Section, Supply
and Sales Division, 1'nited States Shipping Bourd Emergency Fleet
Coiporation, MO Xorth Bioad Street, Philadelphia, or at the follow
ing district ofliccs of the Supply and Sales Division:
115 Broadwaj, New York City; 140 X'. Broad Street, I'liiladel
piiia, Pa.; Hibernla Bank Bldg., Xew Orleans, La.; 922 Edison BIdg.,
Chicago, III. Custom House, Boston, Mass.
1). S. Shipping Board Emergency Fleet Corporation
140 North Broad Street, Philadelphia
23 of
Our Men
are needed in the New
"York Curb Market every
business day, to execute
swiftly and accurately the
orders of our thousands
of customers, and to se
cure and send a continu
ous stream of quotations
to our board rooms in
seven cities.
NEW OIL GUIDE
SENT FREE
Gives UD-to-date review
of entire oil situation
and condensed reports on
27 going independent com
panies whose shares are
worth studying market
wise right now.
Ask for No. T. U-G35
JONES & BAKER
SECURITIES
Widener Bldg., Philadelphia
I'itnci Bill, H'al-nt G065
A'f ) -lint, Race 2290
Plrttt Friuli H'trtt
Uc Yelk Dtlrolt Plittburtk
CVeajo Hiltlmorr Boiton
DRAV0-D0YLE
TURBIW-PlJfWEllGIW-BoiLffi '
VULCANITE
Portland Cement
Philadelphia New York Botoa
Chas. J.Webb & Co.
Wool
and Cotton Yarns
116 Chestnut SL. Philadelphia. Pa.
NAGLE
STEEL COMPANY
STEEL PLATES AND SHEETS
Pottstown, Pa.
Pliila. Office, 1411 Morris Building
JULIAN S. SIMSOHN
Art Organization oi I
CHEMICAL ENGINEERS
for Technical Operation of Power Planli
Water Purification Coal Analj'M
Combustion
S. E. Gor. Broad and Girard Ave.
Ltr
O. W. KTCHAM
Mannfactnrrr of
Architectural Terra Cotta,
Bricks
Hollow Tile, Etc.
RODDY & GAMBLE
- Sanitary Engineer
Industrial Plant Sanitation
Clinical & Analytical Laboratory
Water Treatment &. Purification
Medical Arts Building, Pklla.
r-
1HE BALDWi
T ocomotive Works
Steam and Gasoline
LOCbMOTIVES
Philadelphia, Pa.
There are openings in
ne.arly all branches for
skilled mechanics; Steady
work; good wages; excel
lent working conditions. A
large number of the ways
are covered.
NEW YORK
SHIPBUILDING
CORPORATION
CAMDEN. N. J.
APPly M Employment Department
Choate Oil Corporation
(Incorporated Vndtr thr Iaw of Dflawarr)
Three Year 7 Sinking Fund Convertible Gold Bonds
Dated November 1, 1919 Due November 1, 1922
Callable in whole or in part, or for Sinking Fund, at 102V2
and interest on interest dates
Interest Payable May 1st and November 1st
Coupon Bonds of $1000 denomination, registerable as to principal
The Land Title and Trust Co. of Philadelphia, Trustee
Pennsylvania State Tax refunded. Free of Normal Federal Income Tax
up to and including two per cent under present construction of the law
CAPITALIZATION
Author! md
8 Year 7 Sinking Fund Convertible
' Gold Bonds $1,200,000
Capital Stock (no par value) 500,000
To Be rrwtntlr Isiutd
$1,200,000
200,000 shs.
60,000 of the 300,000 unissued shares are reserved for conversion
of bonds. The Board of Directors is empowered to issue the remaining
shares in its discretion.
From a letter addressed to us by Mr. John W. Choate,
President of the Corporation, wc summarize the following:
Business : The Corporation (under the name of "Sammies Oil Corpor
ation") was organized in 1917 and is engaged in every phase
of the oil business, producing, refining, transporting and marketing
petroleum and its products. It owns and operates, a 2000 barrel per
day refinery, tank cars, loading racks, steel storage tanks, gas plant and
mains and many retail filling stations. It owns leases on approximately
. 30,000 acres of oil lands in Oklahoma, Texas and Louisiana, with a
daily production of about 5000 barrels from 28 wells. In addition,
it has many proven locations for wells.
Earnings: The Corporation's earnings at the present rate are approxi
mately $720,000 per year. This is more than eight times the interest
requirements on the entire issue of these bonds.
Valuation : J- P- Cappeau, Esq., Petroleum Engineer, Pittsburgh,
Pa., has valued the Corporation's holdings, exclusive of the proceeds of
this financing, at $4,125,000. He estimates that with the expenditure
of this money the property will earn at least $1,500,000 per year, or
more than the principal of this issue.
Security: These bonds, besides being a direct obligation of the Cor
poration, are further secured by a Collateral Trust Agreement under
which will be deposited certain securities of underlying companies. No
mortgage may be placed on the property during the life of these bonds.
Conversion: At the option of the holders, bonds may be converted
' into shares of stock: after May 1, 1920, and on or before November
1 1920, 50 shares for each $1000 bond; on or before November I,
1921, 40 shares for each $1000 bond; on or before November I, 1922
(maturity), 33 shares for each $1000 bond; any bonds called on May
I, 1920, may be converted into 50 shares for each $1000 bond.
Sinking Fund: A sinking fund, operating every six months, is created
" which should be ample to retire all the bonds at maturity.
Surety
Bonds
in a
Hurry
LNSUIANCE
AKL ou rnllrd nn t( Rhf n surety bond fur nn rtur-
Mi ret j bnniU of the lilffheftt t undine Mnhe Indemnltv
Conipum- nre 1 1 aunt bv ui In nn,i amount. In Hildltlon,
f offer mmi the rent mlt nntiifre of being nttle to sot
(dene bond? Ht mire, nlnre we lime heen Htithorlreil in
pnftfi on ImiitN without referring them t the home nftlre.
H
arris
J.L
atta
PENNSYLVANIA BLDO. PHILADKLPHIA.
l.ieut ft?8
Rnrr 343:
LC--sssE8Z!ESSi&
Sani-Seaf
Kteam Bathroom Ptrfccthn
Glistening while pyialm. unitary at
glass, durable at steel, will not crack,
craze nor rp. Write (or copy of the
boollet "The Influence of the Home."
Insist upon a Sam-Seat.
WOODWARD-WANCER CO.
1 100-08 SprlnrGnrdm St.. Phll.d.lphi.
All trtalltiM will t paaaed upon bj limn, Dorian, Lewis & llofalus, Philadelphia, for the Hankara.
t
When, A and If Issued and Received by Us
Price 99 and Interest, yielding about 7.37
65 Broadway,
New York, N. Y.
Frazier & (h.
Broad and Santom SU.,
Philadelphia, Pa.
19 South St.,
Baltimore Md.
THt abate ttatemenf are baled upon norwuitton oololned rm
official tourcet or from Ihone which tee retard a reliable
NEW ISSUE
75,000 Shares
Stanwood Rubber Company
Common Stock
CAPITALIZATION
8 Cumulative Convertible 1st Preferred ($100)
8 Cumulative Convertible 2nd Preferred ($100)
Common Stock (without par value)
TRANSFER AGENT
Inrinff Truit Corapnnr, New York
Authorized Outstanding
$2,500,000 $ 13,000
$500,000 $275,000
500,000 shares 295,000 shares
' (including present oflering)
REGISTRAR
Irving National Bank, New York
Upon completion of the company's financing, the company will have no mortgage or bonded
debt of any kind and a substantial proportion of all three classes of slock will be left in the
treasury, thereby enabling the company to provide for future enlargement of the scope of
operations.
Upon the conclusion of the present offering, the common stock of the company will be
dealt in on the New York Curb.
A letter has been received from C E. Barker, President of the company, regarding the
company's business. We summarize as follows the salient features oi this letter:
The Stanwood Rubber Company owns a large, modern, fireproof factory located on the
dividing line between Elizabeth and Newark, N. J., which, when fully equipped, will
have a capacity of 1000 automobile tires and 2000 tubes per day. The company has
acquired the rights to use a special process in the manufacture of tires, which process is
said to produce a tougher and more wear-resisting tire than any made by any other method.
Gross business of this plant for the first full production year is estimated in excess of
$6,000,000. The company has just acquired nearly all of the preferred and common
stock of the Hardman Rubber Corporation of New Brunswick, N. J. This company
has been established for many years and has a reputation for making especially high grade
tires. Through the acquisition of this controlling interest by Stanwood Rubber Company,
the Hardman Rubber Corporation will be provided with ample working capital and suffi
cient additional equipment to bring its production immediately to 500 tires and 1 500
tubes per day. This will mean an additional gross business of about $3,500,000 per
ear. Arrangements have been made whereby a tire distributing organization which has
distributing branches in twelve different cities, and twenty-four other retail distributors, will
take a large part of the Stanwood Rubber Company's initial output.
Particular features ol strength with reference to the common stock of this company are
as follows:
1. Net earnings of the company for the first full production year of the
Elizabeth-Newark plants are estimated as over $4 per share on the amount of
common stock outstanding.
2. The management of the company is in the hands of men who have achieved
a striking success in the rubber industry, and who have made a large personal
investment in the common stock of the company.
3. The assured sale of a large part of its initial output at a satisfactory profit.
4. The outlook for the rubber industry has never been more promising, the
probability being that the demand for tires in 1919 and 1920 will be materially
in excess of the supply.
As members ol the syndicate which has underwritten nnd sold a
large part of the present Issue of common stock ot Stanwood Rubber
Co., we recommend this security as one ol unusual ln estment merits
and marked possibilities for an Increase In value. Subject to prior
sale and adtance In price, we otter a limited number of shares tor
public subscription at
$17.00 Per Share
Subscription books will close at 3 P. M. on October 24th.
Trading will begin on the New York Curb at 10 A.' M. October 27th.
ForeignExchange '
The feature of our October
Circular is an explanation ol
the methods of dealing in For
eign Exchange covering
Puts and Calls
Drafts
Deposits abroad and
Transactions in Bonds
In addition, the circular lists
our investment recommenda
tions, the income from which
ranges from
5.20 to 8
Copies will be furnished on'request
Edward B.Smith & Co
bankers
IXTAHI.IHIIUI) MI
Uevibera .ir York and Philadelphia
Stock Exchange!
I'lllLADKI.l'IlIA
It 11 Chestnut Nt.
NEW 10B.K IIASTON
NEW LONDON' AI.I.L'NTOfV.V
Hlr IwRssHsfli
fBtarilRCTHiiaaaaaaaaaaaaaal
jHiIS '
Federal Tax Reports
A foui-Ho n organlzls-if; material and vrorlu
lntf out nil forma rnulrn1 for
ImJIildiiiil Income Tm
fnrnorntloii Tax
Kxccm ProMts Tax.
Actual reports will bo mad and blank
flllPd out ImlMdual problems dlBcuaied
nnd naljTird
Men In Accounting Offices Banki, Trait
Compnnlpn and Commercial nnd Industrial
Orjcanl7.itlon who hao ItIerol Tax Ile
nnrtH to mnkp out will And thl rouraa nt
I creat alue Mr John O Herndon, Jr., of
tn ifiinrnmy iruni rompany or New York
w II fondurt the couraa.
ill or write fur full rurtloularf
YMCA
Central Branch, 1421 AixhStrceJ
WE ARE PREPARED TO SELL
"CALLS" ON
FRANCS
hcrlcH on Parla,
ITALIAN LIRE
( hecks on Milap,
GERMAN MARKS
Checks on Berlin
Kurininx three to Fix months In the above
Foreign Enhance at prevailing low ralea
Write or mil for Particulars
Newburger, Henderson & Loeb
1410 CHESTNUT ST.
Members NT I'hlla Slock Exchange
Your Office
If not efllrlentb niannjrel is u profit
menace.
An nrisiinizHtinn of capable men con
templates Mpeclnlizlng In the Improve
ment nf office jut em nnd nccountlDf.
Service fee commensurate with re
sult obtained for you.
o oOtcft Is too small to liave n rood
tm.
A 301, Ledger Office
Reading Co. Equip. 4lz
Illinois Central Equip. 4V2S
Canadian Northern Equip. 6s
N. Y. Central Lines Equip. 4Vfci
Prices td'Net 'S ' to 6 I
Townsend WJielen & Co.
805 fllKSTVI'T STBKBT
LIBERTY BONDS
BOUGHT and SOLD
Any Denomination
Samuel K. Phillips & Co.
807 CHESTNUT HTKKET
Memhern Philadelphia HtorL Kxchnnrc
Bolster & Company
l-orty Wall Street ,
New Yoric
Chamber of Commerce Bide. Third National Bunk BIdff.
New Haven, Conn. Springfiold, Ma.
Tht data herein contained hat been ttmfiled rem official and other re
liable lources and vilule not guaranteed, vie feel astured of ill accuracy.
$50 $100
LIBERTY BONDS
1'O'VIHT AND OLD
Biddle & Henry
104 SOUTH FIFTH STREET
Uemnera Philadelphia Stoclc Bxcnaru
Atlantic Refining Co.
Pfd.
Charles Fearon & Co.
3.3 CHESTNUT STREET
Lawrence E. Brown & Co.
CERTIFIED PUBLIC ACCOUNTANTS
1015 REAL FSTATrt TRUST III UO.
Insentient nnd nrlj.i. pnrtnerMilp as4
corporation Hrcounta. ila. prepare V. a.
income lax ifciurp
:r-
NOTII K 1 HICK Kill tlK THAT
i tin iinsiPrslimM han mad ft annlffa
Mon for th lenewHl of rerMfltatt No IW7203
for HTinrew of io k of the rennsUanl
IUilion.1 Co Ijiniicrl to KPa P Patch nnd
ii-tri thf 31m uf Mhv 1013 the turn h.tv
ii(? !fpn !o' or .'(at ood
LEE, HtGGINSON & CO.
44 State St., Boston
rroportla
m
i
JVM
m
- VH
H
fW
Mnil'K TO CONTRACTOK9
ltORUWt.I.
SEASIDE 1RK, OCEAN L'OUNTV. N. J.
Sealed proposal kddrnsed to Aaron "Wil
hur. lloroueh Clerk, for ih lonntructlnn nf
I about MOO feet or Hoard walk and for th
1 furnishing Of about SSO 000 feet 13 M. of
l lumber 'JxO In. 2xS In. and 3x12 In., will
ne rrcrieu ov hih norousn l ouncii ol tn
norouuh of NpHRldp ParK nt e Council
Chamber on Saturday, th flrwt (I117 of No
vember, 181D. at 12:00 n'rtotk noon, jnd
onftiod Immediately thereafter
I Each propoul a to b 'ubcled "Proposal
1 for.Uoardwalk Construction Uach bid la
to te accompir1d by a reitifled chck for
ten per cent Ct0 of th rontrftct prlc
bid mule navablt to Holmfl Van Note, Dor
.ihrIi TrrHBiirer without ordltion or In-
I doretnnnt
I Plan nnd iDecin,allonii may b obtained
from the Honuh Clerk ut Scaaldt Parle
and at tie oTice of Ileinlncton ft Vosburr,
1 Conpultln Hnglnfera, 1101 Market atre-wt,
I Camden N J . upon the deposit of 110 0',
nf which sum JVOo will lie tem'tted u. n
the return of thi plana and apotlflLUttona l
cood (ondltlon
Thft Borough reserves the r.jht to r?Jwct
1 any or all hid and to deitde a to thd da
1 slrab'Uty of tha blddr.
; aaron wir.mjn
Homunh Clerk.
PRtiri)HAI.S
WIIJ.MKTTi: VAI.M?V TOUPANY
1 riHST MIHITHHK 1'IVK I'KR CENT
M-ni.imi rt .mi inn 11 i,(iim
I)TK1 DKCKMIIKR I, 1003,
Nolle Is h'Teby shen, pursuant to th
provisions o( the tnortxaae to German town
Trukt Company, dated Det ember 1, 1805,
t)tt the undendgned Company us Trustea
will recent sealed proposals up to twelr
oV'ofU noon on haturday. October Sffth, .
1U10, for the aalo to it of bonds, an da i
ecrlhed ahoe, at a price not exceeding on
hiinf1rs1 nnd ta ntr i nt MnSr i nnrl .
crud Interest, suttlclent to exhaust at itfiS
nearly ns posaime the auni or 991C0.74. now "V
In tha HlnfvlnsT Fund Pivferencft ta be g.vt l
by tho Trustee to bonds otTerad at ths low
'aRMANTOWN TRL'HT CO, Truster,
Qermanttmn PhUadetphla, Pa. vi
Octol-rr nth, in 10 "- ijjj
PKOI'OKAI.S Pint COTTON HHKIttlM..
Ottlcs of Quartermaster General of tha
Army lOtothlmc t Kuulpatcs pt vision), Muni-1
llona Bulldlna, Washington. l C fltalM
prunosai. tn aupncate. wm ne reeivea
m
here until lliOO k. so,, Nntrmlier to, till. i' l"
or. turnlhlni: lv rn Jinr.si.rl lKd'S.lli.Ofii', J'O
rarda cotton ahiietlrur, usithist)sW4. 1'ronoial - '
fii ui j are
Vi. J
t
':j
'Vv
,JV
tr
T 3
T
Giaeio inv jniormaiwn Mm vu rn,t ;r
s,. t.
jf
. '' f "V jtisaWB. '-X. i .C'T . .
. . .:
K.4altBIK-i.,. .-j ' ,. i