'VTFfc'1 ''f fsr. - f . : v7 " ' ir ''jp ''? V ' V "Mwwwpi. tfVENlXG PUBLIC LEDGER-PHILADELPHIA, THUJUSDAV, NOVEMBER 6, 1919 NEW YORK BOND SALES Summary of the IntlUIdual transactions on the New York Eidmnge iroi' nvuTai.rinMi , READJUSTMENT OK AETNA EXPLOSIVES CO., Inc. To Holder of G Gold Bondi, Preferred Stock, and the various Certificatct of Deposit therefor, of Aetna Explosives Co., Inc.! The temporary -now Series A and Series B G Bonds of Aetna Explosives Co., Inc., will ..be leady for delivery in exchange for old (ico Gold Bonds and Preferred Stock, respectively, on November G, 910. HOLDERS OF CERTIFICATES OF DEPOSITS FOR BONDS who have elected to take new bonds will receive (par for par for old bonds) temporary new Scries A Bonds carrying interest froniiOctober 1. 191'. upon surrender on and after No vember 0. 191R, of their Certificates of Deposit, properly executed in blank and witnessed, with signature! properly guaranteed, to the. Depositary issuing them. Holders of utulepositcd bonds may, on November 0. 1919. and for a limited period thereafter, sur render their bonds to Bankers Trust Company, 16 Wall Street. New ork. in bearer form, in exchange for such temporary new Scries A Bonds, par for par. If interest to October 1. 1919, has not been collected upon the old bonds or Certificates of Deposit, income tax ownership certificates (Form 1001 1 for such interest should accompany tfic surrendered bonds or certificates. HOLDERS OF CERTIFICATES OF DEPOSITS FOR PREFERRED STOCK, upon surrender of their Certificates of Deposit on and after November 0. 1919. to Columbia Trust Com pany, 60 Brpadwaj. Xcw York, proper!) executed in blank and witnessed, with signature-, properly t;uaiaiitced. together with income tas ownership ccrtil'ic:itcsfForni 1001; for acciucd in terest at 6 upon the ucw bonds from January 1, 1919, to Octo ber 1, 1919. will receive for each share of Preferred block $75 of temporary new Scries 1! Bonds, $'.'0.75 in cash and in addition (ic'o interest in cash upon said new bonds from January 1. 1919, to October 1, lr19. 1 he new Series B Bonds will bear interest only from October I, 191". Fractional shaics of stock will be paid for at the rate of ?75 in cash for each share of stock. Holder;, of urideposited Preferred Stock may, on November 0, 1919, and for a Jimitcd. period thereafter, surrender their Preferred Stock pro crly executed in blank and witnessed, with signatures prop c r ly guaranteed, together with income lax ownership certificates as aforesaid, to said Columbia Trust Company in exchange for said new Series B Bonds and cash. Unless otherwise requested upon dclhcry cnlj one tem porary bond will be issued foe the total .principal amount- of each feerjes to which an individual is entitled. No temporary bond of less than ?1000 denomination will be issued cccpt where nec essary to complete delivery. The definitive engraved bonds will be delivered in xchange for temporary bonds as soon as tliev can he obtained. Dated November 6th, 1'MO. J. & W. SEL1GMAN & CO. . readjustment .Managers under the l'lmi .mi! Sullivan & Cromvitll Vgtpeinenl of n?.idjuf.iiiicnt of Aetna i;plo.io Counsel I 'o.. Inc., .is amended Juna 10, 1910, vltli tlis approval ot Judeo Julius, 11. M.t,cr. You Need Credit Insurance Today What you owe rrilt6t be paid from what others owe you. If they don't pay how can you? Therefore the need for American Credit Insurance, at all times, is obvious for safe guarding your credit resources against un expected, abnormal losses. At this particular time it is vitally necessary for safeguarding against the inevitable reaction from the present state of inflation." You can buy the American's Unlimited Policy on an absolutely scientific basis. If you are a manufacturer or wholesaler, we can tell you the loss inherently normal for your particular line of business, whatever the annual sales volume, and guarantee that you will not eceed it. Particulars free. Vu, AMERICAN CREDIT-INDEMNITY CO. of NEW YORK E.M. TREAT, president W. J. Morphy, Manager J. F. ,4.I . Mutual Ufa of N. Y. Bldt. Phone Filbert 5503 Philadelphia, Pa. i n. Agt. LIBERTY BONDS Bought, Sold and Quoted bell, Spiuce Call, I'htnie or Writv Liberty Lioud Departmtnt 250 Keys tune, Race 2V00 West & Co. Adams Kiprcsa 4s 0000 ... 3D Am Ag &. C D 5s 4000 ...t00i 3000 . . .100 Am binelt H 6s 0000 . . . 86? Am Tel & Tel clt 1000 .... AO',4 Am Tel & Tel Att 1000 . .. '.4 Am Tel & Tel Gs 13000 .... " Am Tel K. Tel Gi SOOO . CliI'M & 3000 , CM It 1 1000 . iooo . txiooo . 1000 . 1000 . 4000 . . 1000 . 0000 . .15 1 3 4a oo'.; & re fd - 07Ta .! o: '. 'a . 05S . 0? . . O.'i .. 61 'j sooo 10000 ?000 10000 39, 100 00 oon St I. A: San I" So B n. 3000 . . sooo . . sooo . . 1000 . . 90011 . . 1000 . . anon . . 1000 . . .1000 . . Am IVrlt '.000 . . .000 100-4 . .too . .100 . .100 . . lUl'i. . 00 . 00ii . . 09 . . (t'J rtiper sou so Ansrio-rrencU C 23000 13000 1'JOOO SOOO SOOO r,ooo 4000 1000 1200U 1000 .100011 10000 sooo 4000 ftOOO SOOO 10000 00011 000 1000 souo 1000 soou sooo 1000 S4U0U 1000 901111 01 . 01 U . 07 s u . . 01'i 91 :t 01 3 . "JI'll . 91 3 . . 01 3 , . a: 3 . til :; 954. . 95 'f , 1' 01'n . 91 ! . 91t, . . 91 3 . 07 3 . ai'i . l'7U 91 3 . 91 . . 9! - 91 3 01', C K t . Pacific lit SOOO .... 81 Chi A. 'West I nd 4 ! 1000 ." Clillo Copper 63 10000 .... 81", 1000 .... 86 1 Chili) Copr Is 3000 . . . HS'i CMS StP-m4Ji 4000 .... 17 I Cltv of I'arW Gi .IOOO . . . 06'i) 1000O . . . 90S I 1000 .... DU , 1000 . . . 90U 10000 . . . 90U 1000 . . 00',; 1 Chin (Jt & IMC Os 1 SOOO . . . ll',4 I 3000 . 60T I C of X Y 3Sii of L311&91U, toooo . as;; 10000 . . . 88 10000 I. Hhoro, a of 31 SOOO .... 85'.!, CpOO 8311 L. a N n n & s n Mor.on 4s SOOO .... 03 ' a Lchleh Vnl 'Coal 4000 . . . .Illl"; tooo ... 10 t; 1000 ... 101's Louis & Xnbh si 11000 .... 31 l.otilii - Xanh HI Ca 1000 .. nii4 Manhattan I.'Io W 100O ,,,, 8i eooo , 140000 4000 10000 I 33000 1 St 1. & .10011 St L & 10000 I sooo sooo sooo 18000 3000 sooo 1000 sooo 01 '; 90' so'; 98' 9011 98', j 90i Nov 1554 U000 83 Colo d tCo ny 4is 3000 . iou Coii Qua Ca ov At Kno. & O 4i 4000 .... UK- A T & S !' Ity '3 I 6000 .... 7000 .... 78 3000 71) 1000 I'.1 . TtSl ovt IS 3000 . 0c I Armour & Co 4Vi3 I SOOO . . . HS'Ji Unit & Ohio cv 1 10000 . . . 07'.a I 1000 ... 0" I 3000 . . . '-J I S0000 . . . 97'i 10000 . O'U I .1000 . . OS 1.1 It & Ohio 4s 1000 . . 0'i'i I UOOO ... 07 1 l'.alt &. Ohio On j SOOO . . . )9 ' sooo .... " I 10000 l'.i U&O P t, 1) & W 4a SOOO .... 39? 1000 .... oVj 1000 .... 38 Vi I lleth S C us of 3G tOOO .... 881k, 3000 .... I 1000 Ii r.ap TYans Co Gs 4000 .... 3S U Itap T O ct "a SOOO ... S3 3000 . . . 50',i L'al CI & li Corp Oa 1000 .. . 00J4 Ccn of Ucorgia 61 3000 .... 96 10000 ... 06 Central Leather ua SOOO . .. OH'i SOOO . . 98U 1000 ... 98 Central l'.icifls tat 3000 S?a 4000 . . . 7'i 3000 . 73U dies X: Ohio 44b 3000 .... 78H dies S. O cv 4'43 1000 .... 18,i 4000 .... 16 SOOO . . . 78" Chen & Ohio G SOOO .... 83-i 1000 .... 83"; ' SOOO .... 3T, 100O . . . 83Vj SOOO .... 3T Chen & Ohio cv Gs 30000 .... 88Ta Chi & Alton So 3O00 47 3000 41 Chi & Alton 3 3000 .... SS Chi Bldctii 99-.i . . 99, . 99V . . . 90i . 99", 1'j of G4 97 , cm 4s . OH 08 68 . 08 0t CT 80 88'4 UH00O 10(100 3000 . 3000 10(111 C nf N V 11000 C CJ (J St T. 3000 SHOO 3000 . 30 (Ml 1000 Dei a mm 1000 3000 . . . Don & Wo G CU 10000 36"t D-11 & r.lo Or 4s 1000 . . . 03 ', sooo ... as 3000 . . 83 '.j Det lMl Co Da 'ZS SOOO .... 93 Dom ot (.'anaila UG 7000 . 93 1000 . 93 (, 1000 OS'S 1000 ... 93 Don) of I'iiii 6 31 3000 ... 93 30(H) . 94 Clip Uenoral t.len 1000 18", 1000 . . H't Erie H 11 o X) SOOO 4Jin Ceu Clcctric ts 1000 93 'v O Day S. W U Sor 1000 33 G U & W 11 SH Gs 10000 .... 9'i 33000 9i Uutlaon Man W 1O0O .... 36 1000 .... 30 1000 .... 36 1000 .... 36 111 Central fd 1000 .... 80'i 111 Cent 4.1 of S3 1000 .... lO'.i, 111 Cenrul C's 1000 . . 94 Vj 1000 , . ut 1000 . . . 94 i Imp .1 Ut H 1st 3000 . . 83s 1000 . . ii Imp Jap Uovt 4s 1000 .... 70 tnierboiu .Met 4Vi S3 "A S3". JItdvalo S Jt Orrt 1000 . 86"i 1000 87 511,9 1 W nil 1st ! ,. 1000 . . . IOOKj 1000 . . loo; Morrison (.'o 4't) 1000 . SS's , .Mo Kan & Tex fU 3000 . 13'i 1000 . ISi. H00O . . 13 I Mo Knn 4: T Snrt ot SOOO 34 .Mo Knn & T Illl 4s 1000 . . 64 1000 61 .Mo Paclllo Rill tt SOOO . . SI' SOOO 31' 1000 . . . 31 100O .V.T. I 10000 . . . 37; I 3000 .... OJ'a I Mo Kan & Tox 4'th SOOO .... S9'-a 1 N O Tex S. JIpv 5j I 3000 . . . 93". ' NY C IITl UK m 4 1 I SOOO . . Cft' 1 ti YC & II It 11 4a I 3000 ... 81 1000 ... 81 .V VC& IlHKJl 4's ungiana fcri I Few people BBSKiWA l I Jj I realite that IlUj Ml I the vlue of KSalfflS ! manufactured irlvKS Illl Hi products in rTMytfflgpaBffi f Mil M..H V1.nJ llfljWk. flP II I I ii $465 per jRSWD I capita, Urjer -ijt4 IJII ... than in any other section I j of the country. l J Preferred iaiuei of New HI lllj England industrial enterpnies lill are investments of recocnlied II tnfriK. UII ' .108'i I l " I 'Oft Jill Is, in Our ,f I'PI u31 I ""''- II !!" I HollisterVTiitoa-Co. ' Hit tiiHNttin INI ''" Jj urMi AiiktIom Uui.d.rs II 1 loot fffr rmuvDUl.Piiix M 100' Ml l'u,,'1 I'roil'len-e borlncn , j ' 10"'" fit " "' -,-- ' lOII't In " . loo's :. - "7i 1000 X Y C SOOO 10000 3000 3000 1000 1000 1000 1000 1000 76 Hit lilt Gl . . . 9.1' . . . il.1i. . 91 . 91 91 9.H. . . 91 . . .94 . . . . 9.1 68 68 6; . . 8',i OB'i S Welt ltt 6s;; 4 West Gn Nl St Ii I XI & a lly Gs IOOO .. 61 tOOO 611 Sen nl A t li fd 3000 So fueir.e M SOOO . 7 8i B000 . 18'j So Pacific i,v in 1000 81 T So ty.ii.ifli cv Gs rooo 30000 .'0000 . 10000 8000 10000 . I SOOO SOOO . 1000 . 3000 1000 1000 4110(1 SOOO . 1 So Pacific 1000 So Hn.11 sooo 1000 4000 6000 1 toon Southern n 10000 . 10011 IOOO 000 . Tom Copper ' ' 1000 . . 93 Tcmis Co Gs 3000 . 101 Thlril Aotiue mlj 300 .... S7 L'nlnn Pacills cv 0000 . . . 81".. tOOO . . . 81', 0000 . 81 s Union I'uuillo fd" sooo .... t; Union Pacific 4h 9000 .... 8 'SOOO .... 81", I"! . 1 1'JCillO , 1000 . IDS',. SOOO I03"s 3000 103 ' u k 11 n . 1 -in 1000 . . 91'fc 110110 . i; 1 . 6i II!' 63 61 J , 87' Kit 81 80' XtO&E Lleht Gi , 13000 .... 83 N "i Tcleplioin 4Hs 3000 .... 86 1000 ... 86 tOOO ... 86 3000 .... 86 .1000 .... 86 , 10000 .... 86 I K Y Telephones Gs 1000 1000 . 1000 X Y W 1000 -, sooo , X & v 3000 98 U . 08U . . 98 1) I'-jS . 43U . 48?; C Co 4s . 8t?; N'or Wcl 33 'S7 SOOO .... OS'.i 3000 .... 98'; Xorth Pacific 3s, P 10000 10000 10000 10000 10000 16000 30000 10000 33'.' 33w 33 ; 34 33'i 33. 1000 1000 8000 5000 3000 6000 8000 3000 IOOO SS'.i 36 3S',i 36 36 36 U 36 ,36 56 3000 . 10II0O I SOOO 3000 1 8000 6000 6000 IOOO . , IOOO . I1000 . IOOO . . . IOOO . 1000 . . L- K of a u 1000 3000 .. . 3000 1000 1000 . .. SOOO .... 13000 .... 13000 . . SOOO . . 13000 . SOOO 1600') . . SOOO . 1000 . IOO0O 1000 . 1000 . . . n 91 'jj 9t'j 97 91, 91' J 01's 91' J 91' Oil, 9!2 97 7 & I '3 Opportunity of a Lifetime foi scAPi'itl i-ulesn)'!) who can sell lilfrli-ijriulp industrial stocks and bonds. An investment bankintr house oflVrb irood men the opportunity to eain a stock interest, as the aforesaid company was built on a profit-sharins plan. In applying Rive full details as to ape, ex perience and reference. C 320, Ledger Oflicc. .1000 toooo . United r. iooo. . . OS'.j 9!li 93'i 03 '-1 93 a 03 ',; 931, 93 93i 9!'i 93 9!"4 93'.. 9 J t .". 9." , 93'. r: of s p t LIBERTY BONDS " All Issues Bought and Sold ?50 $100 500 $1000 Graham, Parsons 3c Co. 435 Chestnut Street Philadelphia n.vNciii 76 1 Ln ii :7',4 Fort Wayne & Northern I Indiana Traction Company Six Per Cent Five Year I Collateral Trust Gold Notes, i y 1417 CHESTNUT STREET Membtri, " .Sew arc Htuvk Kitlianre I'hUadelvhla bUiik l-xchanj AllTUja Have on Hand it. l.Ut uf lllsh (jrnda Buudi Corrctpondence Intlted $500,060 Traylor' Engineering and Manufacturing Company (Incorporated under the Laws of Delaware) Eight Per Cent. Cumulative Preferred Stock 'Par Value 100 per shave Dmdends payable quarterly, January, April, July and October ltt Redeemable at the option of' the Company in whole or part (but not leas than $62,500 par value) on any dividend date at 107 Wo and accrued dividend EARNINGS: Net profits (after all depreciation) applicable to Fed eral taxes, dividends and surplus are nearly fifteen times the maximum annual dividend requirements on this issue. Price, 98'i and accrued dividend, jlelding about 8.12 Write for Circular Investment Bankers FXANDBRS BtaXDDW Vmtumuemx Clil B & Qulncy 3 iooo .... ' Cht M & St P fd 1000 .... 63l'u C 31 & St Paul 4 s 3000 .... GA'U 3000 .... OSTs I'JJI & I' S 4S 10000 .. . 8l1i 3000 . . . 1H CM&StPcv 44b 1000 .... s)i 4000 . . . 12-Ji 1000 . . 13 10000 ... 13!4 1000 .. 13i 8000 .... '"V 1000 .... 13U C 31 & St P OV 8s 1000 .... 12?i Chi & N West gm 4000 .... 10 Clil & O Test 4 eooo .... ss 1000 .... ss 3000 .... BVi 3000 .... SS UOOO .... SB R000 .... ss lilt Met ct 4'ii 10000 . .. 34 10000 . . . 3S'.i 15000 .... -"3!i 1S00O .... -SS'fc 10000 .... '.-34 16000 SS-S, Inter Ilayld T fd 1000 .... 33 3000 .... ."- 1000 .... 03 3000 . . S-i '10000 .... 3'S'a 11000 32 1000 .... 3'! 3000 . . . SS'.i 3000 . iili 3000 . . . 3'J'i 1000 ... 31 10000 . . 31 4000 . 31 10000 .... 31 3000 . . 31 31000 . . 31 1000 . si?; 1000 . S1V4 000 . . 51? 4000 . . si"; 6000 . . . 33 10000 .... 324 sooo . . . sn; toooo .. . si'.a toooo . . 31?; 3000 ... Jl'.i 2000 . . S3 1000 . . . Sl4 3000 .... 51 ?i 1000 . .. 6 l?ii 3000 .... 31 ?i 1000 .... 01?-2 3000 . . 31?$, 3000 .... 31 Northern I'aclllc 4s IOOO .. . iii; 1000 .... 1i14 0000 .... 11J Northern Iau lis 3000 . .. .104'U Orecon It & N" 1 IOOO .... IH'a Pan Uas & El Ca 3000 .... m Penna It P. Bs 13000 .... 92a U S r:ib1jer ts 2000 . . . 9JV4 2000 . . l1i 1000 .. . 1"j Li" S & Mexico it 2000 .... 41 ? U H Smelt & 11 6s 1000 ... .101 800U ... .101 U S Hteel 5s Ktn C Term r.y 4s 1000 .... 14"i Kan C & So 8s 10000 .... o?; Lacka S Corp 28 iooo .... si?; Li Steel Corp of SO 13000 033 iooo . . . oa; 4000 . . . t3 JOOO .... 93 ; 11000 . . . OJ". I Penna It It en 4'. a i SOOC . . . 0S?t Pcor & tlast ln SOOO .... 25 2000 .... 25 Pere 3Iarcjuitte 5s 3000 . .. 35', t I'lerco Oil of :M 20000 . ..iot; , 12000 . . ..ioi; ! 4000 ... .104". ; Pitta S & L, K '11 , . 3000 . . 00 I Pub Ser C N" J 0 3000 . . 04?i 2000 . 04 1)000 .... 04 I 3000 .... 6 Reading 4s 1000 .... 83" Kocl: la A& L, 4Ws SOOO .... 8 1 St Ii & S IT aj I 1000 .... 38' I 1000 . . 39 I 10000 . . 3D 3000 . . B9 . 3000 39' i St. & San J'ran in I 2000 3. I St Ii & ban P Se A 00 99 99'i 98?; 09?; 99 ?' 99' 90'; 98-, 99; 99 1)9 99 U 99?; 98?i 9t 99'; Gs UOOO 1S00O 1000 sooo ISOOO 20000 10000 30000 .100 .100 . 98?a . 94 . 99 S . 00?i 9911 .100 3000 130000 30000 3000 1000 2000 9000 8000 2 SOOO 4000 1000 . . 3614 . 31. . . 3G-; . .. 38?i! . . S6I4 . . 36i . . 36?- .. 3H . . 36?i . . S6I4 1000 4000 1000 12000 1000 1000 nOOO 1000 1000 3000 30000 30000 3000 1000 30IIU 1000 1000 1000 Vir ltallioad Ga IOOO .... 86 1000 86 IOOO 86?; IOOO . . 66 Vlr It It & I'ow iooo .... as?; 13000 ... 83 Vir-Cur Chin Co 1st 1000 .... 93 Vi Vlr-Cur & Chcm Cs iooo ... ,to3?i Va Iron C & Clil 3000 .... 31?; Wabauli firsts iooo .... oo'-i 1000 .... 00?j WabasK, 2d Es 2000 .... 81', West Kleutrlc 5s 3000 .... 91'a Wes Maryland 4 s loooo .... S3",, 10000 .... 35 loooo .... os?; ".Vest Shore lly Is SOOO .... 7S?4 4000 .... 73; IVIlFOn Co '1st 6000 .... 99 2000 .... 90 3000 .... 9.1 1000 .... 09 NOTIC1. i..w.icin i. punnv. coum' . I SO HroaJwHv. Nxv Tori, cilv 'lo Ilnltlfr of rrrtlnrat-, of lPuo!l l"ud , , under the ProlwllTt Anrmint. datrd Drtobrr 2. toil. bittrrn mirli llolitfrn of l vrr l fill lle-rnr Loiiuirrni Iran l.olil Nolri, of I'ort lTn A. Norlheni liKlhin Tnirtlon 4 oinpnuv ut Ntinll bcom rl,rll4 to .uld OKTinii-nt and l.iorire IV. DutUoii, .lunirft ('. Ilrady and llenrj Sanderson, mh a Coraintttre: , You are hereb notified that said Com mittee, vurauanl to the powers vested ill ! it undr the termi of o.id Aitreenient. . liir purchased 11,041. uOO In face (unnunt of tlio Klrst und llefundlna- Mortaco 1 l n I'or Cnt 'r'"it tear Oolil nolids of the 1 Tort Waj-ne- & Vorlliern Inrllana Traction C'otupan. which wro nledjeil as collateral ccurlt for the Mmht of said Notes, and ha deuoilied tlio nam? under the Protective Airreemenl. dated October 81. 101", made between the holders of 1'irst and Flefundlns: Mortsr,jxi3 lle Tcr Cent Tnentv-Year lo:d Buildi of I'ort AVai nn A Northern Indiana Trartlon Company and i otlir securities of said Company, and i William A Tucker Ja (.ool.e. j. I.cerlni: , Jones, Randal Morgan Thomas K. Mur ray and Henry Sanderaon an a committee; ! and the holders of FaM Certificate of Os ncstt aro hereby req'iired within thirty davs from the date of the first publication of this , notice, to lt: On or befure Nnirmbw 2IIi. 1919, to surrender such Certillcatea .of De posit properl endorsed In blank for transfer to tho Depositor, and to p..v the Uepusitoi. fur account of the Committee thlr propor. tlonate shari of the expenses and indebted ness of the Committee, which has been fixed I at $22 83 for each $1000 of notes deposited, ami upon such payment thv will receive 1 their pro rata of Certificates of Deposit re ceived bv the Committee upon the de- posit of the. Itefundlnc rionds and a proper I alnouht of Hcrlp Certificates or Ccrtlfi i rates of Interest for fraclloual interests In 1 Certificates of Deposit for refunding bonds I Heinir approximately $1.0'i2.2l for each $1000 face vnlue of notes deposited. In the j event of failure of the holder of a certifi cate of deposit to maUe tlio above pavment I for expenses und indebtedness on or before November 20, 1919. the amount thereof will op increased oy tnieresr itiereon at the rale of six p-r cent per annum from uald date until payment Is made uaieu. ucioocr 3Ulll 1019 (.rortf.i) . nvii-iii.N. .miifs c. nit tin. IIENRV lM)l:nON. Commit tee Dividends "A BIGGER BUSINESS than we ever dreamed of " Ihb Dvivpo Coufvnv, Phlladrlphia, Ptnni. GEXli.Eitn.v The booU that you tot up for Ui nearly ruined us in Uu come near puttins us out of business. The first month after we started to distribute them our bu-iness increased iifty percent.-ana It has continued to trow at a rate that has i tally embar rassed us. We were eaillnc alont smoothly and jinanctnj our business w itb ease lo ourselves until the advent of this book, and then we tot Into trouble. We have been oblljed to Increase our capital from twenty-fiv e thousand to one hundred ihousand, and our charter for, the new company has Just been granted, and in a few days we will be behind a bitter business than we ever dreamed of. Our business is now apprcxlmatinc a half-million per year, and trowlnc at a rate that makes our heads swim. "Nome cni aidreis on nquKt. We planned this campaign, wrote the material for It and worked it out to the last successful detail, as above THE DANDO COMPANY Fiirnishinr a Specialized idurliiing.Sellin Serrlct lo Matwatturers, Il'holttalert, Jobber and Retailers ' 533 XOKTIl ElEVeSTH STREET, rrllLADELrillA Send for Booklet N. 3 "Short Cult lo Business Suecm" SfctOMl NTIONl. 1IM- 01' I'HU.A. DKU'lll' AT inAMUOKD Philadelphia, November 8, 1D10 The Directors have th's das declared a semiannual dividend of ellht (8) per lent. free of ta. payable November I to stock holders of record at the closo of business Oc tober 81, 1019, and have uls.i added 1.10 000 to surplus fund. muUn- that Item JBC0 040 Ch-cl.s will be mailed. iouv,v. FRAXK M)S1IBAD. Cashier. CKNKn Ii AM'IIAI.T CO. " riilla , Nov. 3, 1f)n I'ref erred Stock IlhlilenH v0, 50 V dividend of 1?; per ent (S1.23 per share! has this day been declared upon the Pre ferred Stoclv, pavable 'Mondu,', Derenitiee 1 1919. to Stockholders of record at the iw of business I'riday, November 14 1010 Transfer books will not be closed "' FRANK SDAMANM, Secretarv rr in, -. si.siii 1006 IV. I.ehlth ,e. 1'Ulla.. I'j , .Vovembei 3, into The Board of Directors have tills day de clared a semiannual dividend of 3 per rent u'lfftv the vapltal aiock. Checks will be mailed. 1 E r J?AI.DEr.STOV. Secretary. 'IHB KI.NMXOTOV VtTIONAh BXK 4,lrnrd and lranl.fortt Ave. Philadelphia. November S, Join 'Hie Directors have thla day declared a semiannual dividend of sU per cent (1,1 00 per share), payable on demand free of tax Checks will be mailed " ,x- w w. rmen. Cashier NORTH WKS1KBV NA1IONAI, IiAMt Phlla.. ra Nov. S. 1010 The Directors have thla day declared a semiannual dividend of Kight (a) per cent clear of tax. Checks will be mailed. -LINKOHD C. NICE. Cashier, Annual Meetings .. $7,500,000 Cities Fuel & Power Company Three Year Sinking Fund Bc"o Secured Notes Dated November 1, 101P. Maturing November 1, 19U2. 1 oupon form, reitlsterable 1 (0 principal only, denominations JI000 and J600. Interest payable at office of Henry U Doherty & Company In New York city. May 1 und Novembor 1, with out deduction for Xornial Ket'eral Income Tax not eiccedlng i'o, Pennsylvania, four mills lax refundablf. IttcWmable as a wholo or III part at anv time upon thirty days' published notion until .November 1, 1P20. at 101 'i and interest: thereafter until November 1, 1921, at 101 and Interest; and llietcafter until maturity at 100', , and Interest, - Bunkers Trust Company, New York, Trustee. Guaranteed as to Principal, Interest and Sinking Fund Payment, and at to all of the Covenants of the Trust Indenture, by Endorsement on Each Note, by Cities Service Company. SKCUHE1) by deposit with the Trustee of $13,400,000 principal amount of bonds and notes, together with the capital stocks of sis operating companies. None of the companies, tin bonds and notes of which ure pledged, has any securities outstanding which are of prior lien to the securities pledged, except Equipment Trust Serial Notes on rolling stock. The properties of the corporations, the stocks of which arc pledged, are free from all encumbrances. The Indenture provides that none of the 'corporation,, the stocks of which are pledged, will create any secured indebtedness, unless pledged as additional security for these Notes. The Indenture also provides that no liens may be created prior to the notes pledged, unless deposited as additional security for these Notes. EARNINGS Interest Receivable per annum from bonds and noted pledged.. $829,000 Earnings Accruing to other securities pledged for the year ending August 01, 1819 298,544 Total annual earnings accruing to securities pledged. Annual Interest charges or, this issue of notes 1,127,044 450,000 TUUST INDENTURE provides that the collateral shall be so maintained that the income frdm bonds and notes pledged, together with the earnings accruing to tlio stocks pledged, shall at all times exceed twice the interest charges on all Notes of tills idaue outstanding. SINKING FUND requires the retirement each month, beginning May 1, 1920, through tenders to the Trustee, of 1 of the principal amount of Notes outstanding. CITIES SERVICE COMPANY, the guarantor corporation, lias $71,549,G20 6? Cumulative Preferred stock and $35,192,128 Common stock outstanding in tho hands of the public. The Common stock is paying 69b cash dividend and 12 stock dividends annually. Cities Service Company stocks have a present market value in excess of 200,000,000. PURPOSE OF ISSUE CITIES FUEL C- POWER COMPANY in 1917 issued $10,000,000 Two Year Notes, of which $2,741,000 have been retired. The present issue is for the purpose of refunding the balance, due December 1, 1919, pending the more permanent financing , of the companies represented by the deposited collateral. PRICE 96VSND INTEREST; TO YIELD 7.3 Henry L. Doherty & Company Syndicate Managers 60 Wall Street New York 4 Robert Reis & Co. Capitalization (Upon completion of present fimaciflf Oxtiuita'isij tl, 250,000 7,500 shares 100,000 ihirei Authirls.ed First Preferred 7 Stock (par value jttoo) z, 250,000 Second Preferred Stoct (no par value, 7,500 shares Common Stock (no par value) 125,000 shares 'Entitled to cumulttirr dividend. t mlr of $7 per bire annnillv, nd convertible into Common Stoct. tke company has no funded debt Application will be made in due course to list the" First Preferred and Common Stocks on the New York Slock Exchange Robert Rcis &: Co. was established i 1885. From a small beginning its. growth has been rapid and substantial until today the Company is one of the largest distributors of men's under wear in the world. Its products are sold under the "RETS" and "MANHATTAN" trade marks and other well known brands. The new capitakto be introduced will be used to expand the business along hitherto successful lints, and to provide for the construction, purchase or control of such additional underwear and hosiery mills as may be considered advisable. The same management will continue in control and operation of the business. I csal proceedings 111 connection with the recapitalization of tlieCoinpanv will be approved bj Messrs. Sullivan & Cromwell for the Bankers, and hi Messrs. Stroock & Stroock for the Company. Copies of the President's letter with the certificate of Messrs. Lybrand, Ross Bros. & Montgomery, accountants and auditors, will be sent upon request. All the stock acquired by the syndicate having been sold, whtn, as and if issued, and subject in all respects to the approval ef counsel, this advertisement appears as a matter of record only. White, Weld & Co. Chicago 1 4 Wall Street, Ne.w York Hoston 'I'his inj'ermatttn tr.d theie statistics ure nit imranltut, iiit have been ibtnitiei frim siurcet tee believe It be mcuriti . J r y rllK EXCKI.SIOR THRUST AN11 SAVING 1006 W. I.eMlh Ate. 'i PhlU., P.. November 8, ll. The Ant.ual Meeting- of th StocUnoldare ot thD ll.ellor Trim, and Savlnr l'und Co. will b helJ at the offlce of the Company, KlOil Weat Ixihlgh r., Monday, NoTember 11, iei0. at 8 p. m., for the election of Direotora and the transaction or any other ou.ln... that m.yom, fjgJMo Seueur. 3E Lawrence . Brows & Co. CERTIFIED rUBUC ACCOUNTANTS UlS.nEU. ESTATK.TKBST BLIMI. InteatlraU and Mjnat pu-tnarahlp and earparatian eecaonli. Alta prepare V. fl. lacame Tax Katun. Complete Federal and State t Tax Service 'i NATIONAL TAX AUDITBUREAU! TiX Kspit and ruMU AeranUot 199 VI alaalal Trait HUir. ...-.VI :. -i-T. -...:-w" raaraai. ana xam nia. Iliwa 1015 . Xata M I. Fidelity Trust Company' Jfetntir Feirral Referee Bytttm cpitu ...... ..uflMim SurpliM WflOQjm' , , r vii -! ' ii F S h NtU III t 1 m r 'a " j 41 n i jjaauw-jiaajaaaa.atAftaijaiaaw F ir, . r . "i 1 ,lts V WV r - v' 'Jt X o
Significant historical Pennsylvania newspapers