EVENING PUBLIC LEDGER- PHILADELPHIA", MONDAY, DECEMBER 15, 1019 n 11 V&t IWWy NEW York coffee marKet jS'ew Xorh, Dec. JG.-Wth trndlng very quiet nritt little In the way of frcsli offers, coffee futures opened nt advances of 8 to 14 point.. The early cables uliOwcd more nettled conditions In Brazil. Trading remained dull mid featureless throughout the morning, with prices holding within a narrow range. Operators expect a quiet market for the balance of the month, as tlio xpot market is usually quiet at thi, season. The unsettled Brnrll markets, to gether with rapid fluctuations in ster ling exchange rates, nho tends to help unnciucmcni Much . . . May ..... Tills- ..... Heptember Kni riis. 14 OdOlfl.OO lO.loWll llt.810.1l 15 15020 Oni in en lt n, m. in n n IB 23 r ?aw BAR SILVER Commercial bar silver touched an other high record In London toilm nt 78d an ounce. This is a gain of "d. GOVERNMENT DONDS rannmn, coupon Sn. 108(1 . j'tiumt registered 2s, t3tl Panama coupon 2. W3S .. I'niwma realstered 2a 1938. Panama coupon 3s. 1001. . Panama reslaterrd 3a. 10(11 1'hlllpplne 4a, Ins, Philippine 4b. rniuppin, 4a lP-m.,. in HI,,. IT H (lov coupon 2a. 11130 l 8 Oov rca:lsterrel 2s 1030. no IT Mlov rca;latcred 4a out or Columbia a-tn 10.'. , 11)21.. lild Aalt SDH 1O0U inoj? 9' loou nn5 inn'i kh mis Ml, Wiy, .' 9(1 iij on 9J vn loo lonU ion 1004 toils mas mil loa, 1)7 Liverpool Cotton Liverpool, Doc. 15. There was n moderate inquiry for spot today vtth prices firm on the basis of nn nilvnnro of l!7 points' for middling nt 2(i.l!."d. The sales wctf 70011 bales. Tho re ceipts wen1 --,000 bales, Including 10,(100 bales American, ruturcs were stiady in the early dealings. Spot piici's were. American, middling fair. Ill ."fid: good middling. 'JS.iiOil; full middling. JJ.'SlAi middling, WLLTid : low middling, 11.1. "Oil : good ordinary, L'l.'-V.d, and ordininy, L'O.Sod. w & Lllf mer SOLID WQVEftJ BELTING Few manufacturing establishments have shown so rapid a growth, due solely to the quality of its products, as the L. H. Gilmer Company. Among Gilmer automotive products, for in stance, the Gilmer Fan Belt, through sheer merit, has become factory equipment on, 8 out of 1 0 motor cars being built today. In the industrial field, too, quality has enabled us to develop standards of service that have built up a heavy demand. This is true of both power belting and specialty belts. Tacony L. H. GILMER CO. Main Office Tacony, Phila Factories in AHcntown . North Wales CORN CLOSES FIRMER AFTER NERVOUS DAY Car Shortage Bocomlng Acute. No Relief Expected Before Turn of Yoar NEW YORK BOND SALES Summary of Hielndlvldnal Transaction:, on the New York Kxchanie Aflnms Express a 3000 . so Am AgT A C Co Ci 6000 .... oH Am Tel & Tel clt 3000 .... H Am Tel & Tel 6a Millcn, Ga. ( hlosno. Dfc IB. Illinois. Wisconsin. Mlnreaola and lovra Kalf and continued cold tonight and Tueadav. MUsourt Kan pap, Houth Dakota, Nebraska and IVyo mine FMr tnnltht and Tuesday; not much chanco In temperatur,. North Da kota ami Monlana Fair tonlKht and Tue day. not quite 00 cold In went tontcht. Oilmen. Dec. 15. Excellent bunnort was furnished to corn today and, nftirj exceedingly nervotiH and erratic lluctim tlonH, the market closed firmer. The decision of the Hupremc Court upholding wartime prohibition caused temporary declines, but the oftcrliigs were absorbed nud shorts were com pelled to cover. Hulls had the help of a further im pnnement In foreign exchange, light Mucks and n phoitnge of cais. The sit uatlon as to the supply of railroad equipment for ginlu Is acute nnd urgent demands arc being made by farmers In Illinois, lown, Houthern Mlniiexotn and Xebrnsltn for transportation aid. It is naid that grain dettlern cannot expect relief until after tho first of the icnr, becnuse of the fuel requirements "Weather conditions were favorable and tho government report on winter wheat was bullish. , An uiinhVlnl estimate of the yield placed It tit filH.OOO.OOO bushels, against -lii.000,000 bushels In 1010. Oats were linn nn covering by shorts nud buying h seaboard houses, due to inntliuied light receipts, a better do mnml for Iho casln article and the nd vaticc In foreign exchange. Home longs look profits. . The ie crop was estimated privately nt S,000,IMH1 bushels. I.eidllur futures rnnxed na follows torn mew iiner flnfi IIU.li 1 ow 1-vo . 1 I0 1 11 1 10. Jan. . 1 Jl 1 iVk 1 34ls i. -,i?t wlV -Ql aiav . . ' "" " Mas" OH 31 00 T.T1 93 T33 OS 34 01 lrfirel inn ,.,!.'!) 22 Si 22(11 22 UT -22 1ft lias "J.' Ill) 1JIMI J: 72 22 72 22 SO Ian. .17 00 17 0 tl7 RT 17 1)0 17 R7 Mav IK 51 IN 115 18 37 1S 40 1S 37 " Uld tA'ked Railway Equipment Raises Dividend Chicago, Dec. lfi. The Chicago Kailwavs Kipiipmrnt Co, declared 11 dividend of '-0 per cent pn.vnblc Dc ccinber !M. to Mock of record Decern -lnr 21, making 1010 dividend distribu tion S per cent instead of " per cent previonslv paid. Directors have nd ised reg'ulur quarterh dividend of " I pnr cent jninv "'"" anno snoo . 4000 . 2000 . 10110 . 10000 Am Tel snoo 21000 . .. tooo .... 1000 .... 2000 . . . Am Tobacco 30000 .... 1000 not. 80S oy4 0 HO now, Tel Ba 0 OHWi OMfe 1)0 on Co 5a RO soy. Am Tobacco Co 8s osnoo ... AK Anglo-French 6a sooo 3.100O 1000O oooo luoo 3000 1000 10000 sooo sooo sooo 1000 24000 1000 30000 30000 13000 1000 snoo inoo 1000 lonoo 3000 0SV4 85 9S4 0 0 084 05 0 o 05 V4 s OS 0 SV4 OS 7 05W 0S4 OSH os 05Mi ns 'A OSH lN DBV, 08 (, 12 SO 1 41 1 8l"i 77 SO'i .at cloa.. 1 40', 1 314 77. 70', Arg llopubllo 6s tooo ... 72 Armour & Co la SOOO .... HSU 20(10 . .. Kit Atch T & a K ndj (1000 .... H Atch Top & S V 10000 .... 4s J SOOO 2001) 2000 10000 HOOD J 000 2000 TOW 7U 7HH 74 764 761, 7B',i 77 1000 SOOO SOOO 3000 1000 7 70 77"i 77"i 7H New Issue $500,000 Fayette County, Pennsylvania, 4 Highway and Bridge Bonds Dated December 15, 1919. Interest Payable June 15th and Dec. 15th. Coupon Bonds of $1,000 Denomination Free of Personal Property Tax in Pennsylvania and All Federal Income Taxes Legal Investment Under the Laws of Pennsylvania for Trust Funds and Savings Banks and for Bank and Trust Company Reserves Financial Statement: Real Valuation (estimated) $312,000,000 Assessed Valuation for Taxation, 1919 104,145,807 Bonded Indebtedness, including this issue (about 1 of assessed valuation) 1,088,000 Population, 1910 Census, 167,449 FAYETTE COUNTY, in addition to its ptominencu m the pioduclion of tho highest Knides of coal and coke, hab many important manufacturing in dustries and is in area one of the largest counties of tho state. It is travel sed bv the lines of the Pennsylvania Railroad Co , the Pittsburgh & Lake Erie 11. Ri Co. (New Yoik Cential System), and the Western Maryland R. R. Co., and includes the cities of Uniontown, the county seat, and Connellsville. Bond are offered, subject to prior sale and to the approval of legality by Messrs. Townscnd, Elliott & Munson, of Philadelphia, as follows: $250,000 Due December 15, 1929, at 101.82 and Interest $250,000 Due December 15, 1939, at 103.00 and Interest Yielding, at the Above Frices, About 4.275 BROWN BROTHERS & CO. Fourth and Chestnut Streets Philadelphia IHPLDlffla inoo .... :,i S3 SJVa ft.');. So W 114s 70, 71'fr 7Ua 71 70H 71 I 3000 ,10(10 1001) JOO0 xnoo B & O .1001) 1000 11)000 10000 lonoo 40110 3000 Baitlmoro & Ohio cv 30000 30000 1000 tooo (1(100 10000 24000 4000 4000 7000 1000 7000 1000 4000 10000 10000 10000 7000 HOIK) .10000 (11000 nooo 7000 7000 GO00 nooo 1)000 10(10 Knit & soon iooo 10000 00(10 .... B7 . .. MH4 . . MU ... .17 n: nn . . . . ISO ', nnn, . . . r.t.-4 . . . .16", .. . AflW .... nn-h .. . 87 .. . or.Tf, S7 . .. .17 7 7 .... fiCK. ... , no .... A0 .... ftiiu .... .10 . . . JiflVi I-(I . . . an . . BO'j . . G7 Ohio 3 Hi 3 ... . Si HIK, Sl Chi k Alton 3s 2000 . , SO 2000 .... 31 Chi n & q 11 4 tooo . .si; Chl II & Qulncy icni lono .. . 774 nooo .... 77 oooo ... 77i Chl H & Qulncy t 2000 . , 01i KOOII . 0i'4 13000 .... 04 100 Oi 1000 .... 04 'f, 4000 .... 04 10000 . . . 04 V, SOOO .. 82 U Chl & Ot Went 4s sono .. . Sllj, 2000 .... .13 sooo . . .114 Chl M & St P 4a -31! 10000 . , . . 73 Chl Mlt & St P 4s 1000 . .. (I4(; 3000 . . 04 3000 . (14 Ml loon . .. B4)i Chl M & St P cp Bs ionn ... onu soon .... so Chl MA St P fd 4M looo . . . eA onoo .. ,101 ojuaptv 4t 1000 .... 03(!i 10000 . 13T4 lonon . in4 nooo orh snoo . 04 mono 04 13000 . . 13t4 nooo . ntVi 7000 . 111 Chl M & St P cv Gs 12000 no 4000 . . no 4000 . . 1',4 C M ft St P Bill 4V4 .ionn ... 73 ooj . t: 2000 ... 73 0000 . 71 ChlcaKo llwji Cu 6s onno . i(v tooo .... os Chl Tl I & Paclflc fd 4000 . . . 80 snoo on. innnn . . no sono 084 Chl U I & Pacitlu Is loon nni Chllo Copper s 13000 ... 81 soon . on Cllv ot BordemiN 6s looo . . . Oi!ii mono . . 1)2 ) Cltv of Lyons 6s lono . . o'i Cltv of llarso 6i ionn .... ti2, looo . .. 0i C ot N" Y 4s or R3 ' 1000 ... 90(l4 , Cof N Y 4Hsof CD 2000 .... 00 ' 1000 .. . 00V4 City or Toklo b I 1000 ... nri't 11000 .... 33 I Col n So Ity 4s I moo . 3; Col ( So liv,y 4is 1000 .... 73V4 nooo . "JV4 1000 , 734 ' Consolidated (las cv 3000 . .004 I nooo . . 9914 Den A Rio draml 4s 4noo .... fl3"fc 7000 .... 03 .'1000 . (13 ' Den & ltlo Gr 4VJS inoo . o;'(, Det Tunnel 4'4 anno ... 7J4 lono .. 72i Uric General Lien I Jlllniore & Ohio 4 Mono 1000 3000 nno 3000 ."000 inoo 40 40 404 tn m 30 10 noon .... sn4 mooo , . ss sono .... An4 sono . . so nooo 334 .1000 .. . ni sono . .. s,i vi snoo . ssiy .'000 , . ABIi 3000 . . . 334 lono .... as tnnnn . . 3314 noon .. . .nil ionn . ns4 nooo . . 84 nooo . . SS"i 7000 . A .14 1 ionn . . ns4 320(10 . . 34 13000 ... A3 moon , . as noon . 8S4 1000 ... 33 10000 .... 83 10000 ... 38 3000 . . . 334 3000 . . 814 lsnno .... 84 2000 ... 84 snoo .... 84 mnon .... 34 4000 .... 84 11000 .... 84 14000 . .. 83 2ono ... 84 10000 . . 84 1001) . 834 ionn , 834 10000 . . 844 3000 .. . S34 lonoo . . ns4 .moo . 34 30000 . 83 10110 . 83 38(100 . . nt 1000 . . 834 7000 . 33 ic c rt S &. M 4b 101100 .. can, Kan (' & South Se mono ,1.1 fc 1 .11100 33 I 3oon nnti, Knn I'lty South Ss I 4000 . . 73'i I men 73 I 1000 73 Lacee Gail Co 5s 1 301)0 1 . so I I L S & Mich 4s 'it I inoo H4i I nooo hi .LSOSli '3t I nnno sj ! onoo . . H2 I.ouls & N'ashvl'e 4a I 1000 . MOTh 1 L & N' It Tv A H Ry I.Iono 4s 7000 ni , Manhattan Hwy 4s 1 .1000 SB'i 1 2000 . . ss ! Mid S & Ord Co 5o noon .... S3 7000 S3 10110 . S3 1 noon . . 82 ionn . . 834 Minn & St Louis 4 inon , 314 inon . .17 H 1000 374 Mln & St L It en Cs 1 4000 . 744 Mo Kan X. Tex 2nd noon ... 31 Mo Kan & Tex 4s 4nno . .Ift'i 1.1000 . 3Si 11 n I'aclllo Km 4s aonn . . ns .1000 .. 314 3000 . A3 10000 34U 10(100 . ,11 10DO0 . 34 Mo Pacific 5a or '23 lono . ooi Mo Pacific Gs ot 2 10000 . 80 14 3000 . 884 I N Y Air Brlte Co 6a 1 qooo . . do V Y G & H P.U3, 1000 . 084 KTCt IIP. HP. Is 4nnn is inoo . 77 4000 1G hOOO 17 M r & H It 11 Ba Pern Marquette Gs 3000 .... 84 loono .... 834 SOOO ... 884 SOOO .... 83 SOOO .... 884 Pub Str C of N J 8a n sou so H Is 18, im 784 78 SOOO , 8000 . nemllne 8000 , SOOO , lono . eono It I Ark & L 4 Vie sono . . o4 Seaboard. Air L fd 3000 . . 41 Sea hoard Air Ij a 1000 . .. 8014 Seab'd A L uta 4s 3000 ... 00 Southern Pacific fd 8000 .. 704 18000 ... 70 2000 . 78 8000 .... 78 South Pacltlo cv 4n 6000 8000 leooo 3000 lono 31000 1000 78 70 79 70 784 784 South Pacific cv Ss 10000 . sooo . 8000 . 13000 . 3000 . 1 Southern 6000 . Southern 4000 . oooo 8000 COTTON PRICES DROP WHEN WALL ST. SELLS March Contracts 30 Points Not Lower Livorpool Purchases Summor Months COTTON lIBt.T IvnATItntl CONDITIONS Vm York, !): 1.1 Tho fnllowln tern rrtur;ii wpri" rwmlrd In thr cotton hlt this mnrnln rhntldnoojrn 1(1 Kort Smith Knmililn an I Atlnntu IS MrrMlsn and Oklahoma 30. Mrmphli Macon nnd Mont nomorv. J4 AWlrn ami Wllmlnittnn jn Augucta 2H Hun Antonio anil Prnsarnla 30 ThnmsMlllr Rnd I'harlstnn. r: Orlfn pud Kannah 34 (llton in Ccrpun Lhrlsii nnd Jacki(onvlll 31 and Tampa 43 Tlitrrf wan 01 Inch of nwlpt tallon at Wilmington ami 02 at Augusta Xfvr Yorlt. Dec. fi The cotton Jtinrkrt vvnH trri Rulnr nt the start to clnj. April won down '1(1 points nud other months 10 points higher to 8 points loner 'Hip rubles were n trifle better thn.nl lind heen (xpected, mid Liverpool boiiRht tha Rummer months, New Orlenns and AVnlt street were the tli Iff sellers. Subsequently the list developed mod crntc weakness umkr local pressure nud further sellliiR bj Willi strett. nnd vvns about 30"Voints net lower on March contracts, 'jt Todij's 11 no i io j io cmsr open u in p ui i) m .'(i no an r o ii M ii no 3 1 III 11 4 31 M .11 111 .111 II .10 411 ES 40 38 ,11 Detroit & Suburban 5s, 1930 Detroit & Flint Ky, 5s, 1921 , Dot, Ypsll. A. A. & J. 5s, 192G i Detroit & Pontine Ky. Vtt, '26 ' Kansas City Lt. & Vr. 5s, 1911 Kansas City Gns 5b, 1922 1 Dubuque Klcc. 5s, 1925 , Middlcvv est Utilities Gs. 1925 I'lnh fins & Coke 5s, 1930 iMIchigan United Ry. 5s, 1930 Special Private TradiiiR Wire f'onn.rllnir nur mm Ni.w initK run Aim nflll DiniioiT Mertrill, Lynch & Co. Trndlnr l)rpiirtmfnt 120 Broadway, Now York 1'lione llrctor 0n"0 Dec Jan Vnrch Ma July Oct ii r. ,n IJ .11 vn ns .n ,i i .ii 31 7- 3'. 4.1 113, 31 71 GIRARD TRUST'S YEAR . .102 . 102 . I0S 102 . loia lift a 4s I 60 I Itwavs Cs I . 84 I 8414 I 84S I St L I M S HIT I Quit Dlv 4a SOOO . . . 07 I , I, If o , . .... .. " " -'- , . St I. R. San Fran fd '"" I'" ""t on the 2 r,OII.(l(l(l enplt.il soon . 67M stock, were nliown in tin iinniuil re 8U0u . 41 i l",rt o the fllrnrd Trust I'o , pic-ented Stfc Kan Fran tn ' l lm uieititiK ni tlie slinreholdcis to 1000 ... 40 Position Wanted Iluwlnrh4 ninn, tltlrtr-tjclit. tIirrIfflUj nntl mriititlls lit, wUlifN ltrrmanfnt furcw tr position Hh cnrimmllon or rap ItiilMl either ndlrf mnnjicrinnl or nut door proprrtr BUprvllon. Opportunity for luliniicrmfnt. 1'lilla. ilclnltx or unr uhrrr tinder V. K. flnic. nrfrrrnrrfl ex hlbltnl upnn Interview, lUprrleneri College urntlttatt 13 lenrn' Hfthe biiMtnei4 In ccinflilrntlnl lnteftlrnt Invt ontunliliur. nnd ndmlnltnitlve uork, and eonertU lnrntment Hnunce, Kx urmy fflcpr, ItOV (-000, I'LIUJC lAAHUAl Earnlnas Equal to 61.8 Per Cent. Undivided Profits Increased to $2,985,876 ' Net oarninRfl of SI 54," ',Y)?t, oqunl M LIBERTY BONDS All Issues Bought and Sold $50 $100 $500 $1000 Sraham, Parsons 8c Cg, 435 Chestnut Slrc PhUadclpliia 4000 30001) toon 11000 sooo 40 4 41 41 m4 41 Bi I. & San Fran aj I 14000 mui) 10001) 1000 sooo ionn lonno 18001) 1J00II sum, 37 87 "ill Vt Sll'i 37 3fli BIIK. St I. it San Trai A is! 8000 100011 800O .1000 3000 Bonn sonno tooo 34 U 33 84l 83 3V 38 88 V dnv Tin' ri Hurt also Oiimul umlii i.1,-,1 iprlit. of Sl.:t((7.1(itl, makliiR the totul to iredit of this neinunt !,J,!lsr,.S7(l i In Ins report r.ffinitliniii I!. Monii, . tlio piesldent, stlltes I "A furthel rluirire vvn niailn nirnnml I undivided prolltN ui'inunt uf S7S!).-I (1ST ."iS. vvhlili ropri suits the iimiiimt of the rrduetlmi miide in the liuuk valui of the investiuenls of the iciiiipunv. lt has been nn istnlilivheil pulii v to niain tnln n piirltv hetwien luiukit nnd lmol, value, hut In Nnvemhu uf Inst vim, due to distill hid lininii.il lomlitiiins. no netinn vvns tiiKin vith n pe t to vvritins down Hie hook values of tin Miinp.mj's mimuiIiis 'I he dunce now innilt' i-Diisequeiitlv is on in mint of re ilni'tlnns in nuirket values kouiiIiis In I lie lust two j ears "As n uintlei of leiord, it Is Htated 1 here thnt to the four I.iherty liiiin mui to tlie fifth or letorv hmn jour nun ipanj HPi-iireil suliseriptiiiiiH of a total I 'Mini of $(M .'IS.'i.fi'iH from ll().(l(1.1 suli- St I & San Fran B serihers. This sum wns !K1 per eent snnn .... 68 'more than the quotas allotted to It ' i isooo .. . Riv, "The nveniRe mtere-f into on rol j inooo . . m lateral loans exelushe of lonns on lc I sooo , 8 ut honils during the viar. hns hem ' J3tr a ttrSni i tl,MI I"'r c(,nt triip.ii il with 5 7s per Et I& So w UR ;it , lnt in.,t jenr. (mil on (oniniercinl lianei "i 4'J per ent , iompand with fi.llli pi r i tut Inst jeai. The utiinher of deposit .leeounts sulun't to ilmk is now lll.17.-i " I T()l)l'H llM,r. IN IlllCltrV 1IOMIS I Mi! Mien i.ih uonti :u.s ii!) :u Mb liond 1s Is 111 (Is l.lh Horn! 2d Is 111 7(1 Lib Itmul 1st 41 ,s III 'JO I.ih Hnnd ''d l',s. Illi (hi I. lb lionil fid lUs il'IIKI I.ih Himil 1th -IViS 111 111) Victory Notes 4s !)S 112 Vittorj Notes n,s 'IS.D'J llnlfl Trnimorr fl. 11)27 llpnipr (Inn & Flrr It .'., 101 1tnnp'ff Vr. 8m, ion ( il"nhiin U.v , I'r .V It V. 1011) I'lillmlrllililu I o. (nnanl, 8k, 101 Niitloiiai ( cnilult .V ( utile ll. 1077 Ininlrr t.m I url ns, toil! Iii-ntiirlo Trni A Iitiii .. 1051 InilliiniuinlU, ( ritufurtltilllo .V Danville Klfl. lit 3s. 1032 HENRY D. BOENNIUG & GO. RTOCK K( IfANGK IlIT3f ItlVO Hlrert l'rlnte Teleiihone to New ork JlemUers I'liMa. btock Kxrhuuce 4 Methods of Market Operating Are clearly explained in our booklet, "Investqrs and Traders' Guide." It also tells General Rules of Trading, deposit require ments, brokers' commis sion charges, stockholders' rights, how to group In vestments, etc. The expe rienced trader, as well as the man to whom the mar ket is strange ground, -prill find this book helpful. No charge. Edition limited. Call, phone or write. Ask for No. T.U.-661 JONES & BAKER SECURITIES WJdener Bid, Philadelphia Pfones Bell, Jf'ahtut 6065 Keystone, face 2290 Direct Prirat fires Ne Vorlc D-troit Pitttburjh Clucip Biltimer Batten I'lNAM'IM. Loan Bi Bonds for Investment i ir ular I pon llcTUePt The National City Company t orrrtpndnt Qftrci in ot cr SO ritlea I'hlludrlpliln 1421 hfMnul Nt. tlantlr i It l-I Itour.luulk mi nm liunU nr (rut rouipnti iikp flip NrrtlroH f u imwi, S7. with u Rrn rul hiuiklnt; ri crlrntr. In u iosUIm lUiorr ah Utj, hmmlrilsc nnd tfTort nr meilril? nti, 1,1 n(.i.u oi nn: Bond Opportunities Prices at Low Levels Various factors have combined to depress prices of bonds to a marked degree, without, however, impairing the intrinsic value thereof. This condition inevitably will correct itself, and herein lies the opportunity for the investor of today. Appreciation of the above fact actuated the bond house of HARRIS, FORBES & CO., Boston to take a full page of advertising exclusively in the postou Cbentng transcript of December G. to display the unusually comprehensive list of bonds which is ovned by tho firm and which represented u reproduction of its daily circular. The list embraced over 350 issues of a most diversi fied character, comprising state, municipal, foreign government, rail road and public utilities bonds. Harris, Forbes & Co. is one of the largest distributing bond houses in the country. The fact that this big bond house chose exclusively the Transcript as the paper in which to make this offering is conclusive evidence that it considers the Transcript the best paper in Boston for bond advertising. The Boston Evening Transcript publishes MORE high-grade financial advertising than any other Boston paper. It docs not accept nor solicit highly speculative or doubtful business. pJosttou (Ebening tCrmticrtpt 110(10 .100 1000 101100 10000 sooo :.ooo .1000 1 11(10 SOOO oooo looo 1000 1000 ill Mi S1J o; ui 1Vj 61 DIM, U4 fllMi 1'm 81 01U tJultlmore . Ohio 5s JS'cw York Hcprcsentatnea CHARLES H. EDDY CO. 1011 Fifth Avenue Illdg. Special Wall St. Representative JOSEPH 'A. KLEIN 12 Broadway sooo looo 1000 1000 .1000 looo 1000 24000 .1000 (1000 oooo 1000 .7000 jooo Mono 10000 30000 :iooo looo 11000 10000 SSVA ns H 58 SSM. ssy4 OK 58 't SS as ss 58U SHYj 38 ssk ns AS iy 37 U Crip Hall Itoail 4s 3000 . . .13 4000 n 7000 331, 1000 Sii, Erie Kail IW cv A 1000 . Mi 1000 .18 Hrlo Hall ltd cv 1) 3000 38 10000 38 General niectrla Cs .'ooo . oaVj .tooo . us 12000 04 v Great North Ky lbt looo . ss Ii " is; Val 4H 3000 00 IlUii .V .Miinlitt Id 38 37 . ... S7 Alnnhnt In . ... 14 I SHOD lM 10000 I.IlUit fc nooo sooo uooo 3000 10000 1 00(10 10000 40000 OIKIII Illir.oii 1000 Baitlmoro & Ohio 6a 4000 .. 87Ml Hcth Steel Corp fd 3000 . 80V4 '43000 . 80 lleh Steel Corii 1st 1000 .... 1)7 lilt Hup T ct Sta 7a 7000 . ... 44 3000 ... 4 10000 ... 44 Brk rt Trans ct 7a 7000 . . . IH Brl. Rapid Trans 7a 4000 . . . 4A J000 .... 50 Brk Union Elev 1st 3000 , . OOKi Cul O & U Corp Es 10000 .... 88 1000 .... ss 3000 . 88 C C r & St I smla 1000 ... fllVi C C C & S.H I, IJus 1000 .... 73 Cent of Georgia 6s 1000 .... 03 Ctntral Leather Ei .. OBVi ... DOli ...DC . OS Paclllo 1st ... 7344 ... 7BK, 7V 10000 10000 13000 1000 Central 7000 10000 nooo Ceil It It of N J Sa icooo 3000 1000 Chea & 1(100 33000 10000 1000 ....100 . . too . ..101 Ohio 4i,4o . . . 7U4 70V4 70H ... 70T4 Ches& Ohio cv 4Mb 1000 .... 71 7000 . . . Illi 1000 .. 71 7000 .71 10000 . . 71 3000 .... 71 Chui & Otilo cv Ss 10000 10000 nooo 3000 77 77 77 . . . iy . 14'S, . H'i 1414 14H " U h Central fd 70 Illinois Cent 1st 24 SOOO ;x 111 Central 4i uf 'Z'l 4000 . t 72 1000 ' 7IT , III Vnt 48 n' 1000 70 1000 70 Illinois Cmtral CV.s 20(111 ' oooo 111 Steel 1000 5000 1000 o?i 81 SI 84 H Imp J O 4s Knir sta 3000 01 Imp Jap Gt 2d gs 3000 77 Inter Airr Corp 5q 4000 HOTh I Mcrhant Mar'e 6s 1000 . 01 1000 . 01 80000 . o.'K- Inter Met Co t 4aB 10000 3000 17000 toooo 10000 1000 100U 10001 1000 20(4 sou so I8V4 18 17a 18 18 18W tnterli Met Co 4hH 80000 3000 33000 1000 10000 3000 4000 3000 3000 30000 10000 SOOO 3000 10000 SO SOTi 20 'i 1044 10 1040 18 184 18 18 1844 184 184 18'fi nooo 1000 nooo nooo . . nooo . N Y Cent U 2000 . . sooo N'Y C ft St I. 8000 sooo . N- C & ht Ij 3000 00 (II 00 00' 00'. S S4s 04i 0044 . Ky 4i 80 8IH(, Ky 1st 07 1000 .. ni St 1 Mln & M 4ij nooo . . sly St I" M & M en 6s looo . . 100 1000 .. 1013 Tcnn Copper Co 6s SOOO !)4 Third Ave Itwy adj 20000 . . . 27Ti 12000 . 28 OOOO . 38 Third Ao Itnay 4s nooo ... I844 3000 484 13000 . 4041 T St li A: West 4a 1000 43 tKofBBSI '21 2000 . 034,1 20000 , 03 2000 . 0044 3000 ... 07 10000 .... 05 Ind KttOBil tctH of '22 ll'IIS 11:! r.s ill (1(1 II ! Ml 111 s. II.IM 111 7(1 Jiss ns si !lll 2ft I ii i r.s 1 in oni in so , 111 no 1 in ss HI 7(1 lis 111) 'IS ss, niTjiiinjiiiiiijgLiimmiS Investors study IheWaHSfreetjml 100000 .. . 8744 7000 .... 0744 10000 ... 07 M, 30000 .. . 0744 3000 ... 00 SOOO .... 07 4 10000 .. . 97 Vi 38000 07 "A nd K of G n & N Y Gaa Ilat & i:iec Llftt & V 43 1 4000 ... 01 '4 I 1 Gas & I.Ifc L , . Tower Co S nooo si-i 1000 814 3000 . 81 I K O Tet & Mex 6a 5000 . . 03 N Y Ont & West 4s , 1000 . 0 N Y Railways 4s 0000 ... 8144 Kew Yorlt vn 6s 3000 .. 7 N' Y Hallways ct Cs 10000 . . 044 oooo 6 X Y Telep'.ion" 44s 10000 . . son 3000 . 80 10000 . 8(1 1000 80'h 1000 80 1000 80 N Y Telephones 6s 1000 00 1000 on 1000 on N- Y W C& n 4M.J 3000 . 3(1 3000 . . SO tOOO 304 Northern Pacific :ts 7000 334 SOOO 3J"b Northern Haclflc 4s .10000 20000 nooo 50000 3000 10000 3000 12000 on on 00 00 00 0(1 91; U31. Rob!.G!enrf!M!ing&Go. Investment Securities Special Attention Giicn to Orders on Pittsburgh Stock Exchange liy direct wire connections !Nfw York I'lillu. Stock Eiclmicr I'ltttliursh 400 Chestnut St., Phila. f K of G B & t S7 3000 13000 . . 11000 . . 10000 .. 3000 ,. 7000 . . 10000 . . 121100 10000 . 5000 . 1000 .. 5000 . . 100O 12000 1000 1000 .. 3000 Union Tno 4000 . S74i . S744 87 41 . 87 . 87 . 74i . 87 . 874 . 8744 . 87 44 . 8744 87 . 87 44 87 . 87 SOU, 86 n R rd 74S For Security and Income Wivadocatc the Purchase of Underlying Steam Railroad Bonds Tow Selling nt the Lowest Lcel EDWARD V. KANE & CO. Morris Huildinc i Int Hap Transit fd . 4i 33 44 33 , 86 1 8 , 5 .. SSI4 01 S nooo 13000 10000 sooo 5000 15000 1000 sooo sooo 10000 . . 7C 3000 . . 7(1 SOOO 7 I SOOO . . 70 SOOO 73 2000 . 70 ' 10000 . . 73 I 5000 . 71 ' 3000 . 70 SOOO 70 No Stntis Power ! 1000 83 4 Ore & Call R H Es 1000 .. 0344 : Orson Short li 6a 1 2000 .. .100 , 3000 . 100 Ore Wash HR Co L Navl Co 4s looo . oo Pac Gas 1 E Co 5a looo . 8."i 4000 8244 Pacific Tel & Tel E SOOO 80" Pennu II It ffni 4'jS 1000 .. 80 8000 . 70 soon 70 000 70 000 . 70 4000 711 'ennsyhanla UK Ss Union Pacific HR cv 1000 ,. 84 Vti'nn Pacific 4i 5000 . . 834n 21000 . . 81 Union Pacific Cq 2000 . 101 U H of fc.' T un ct 4s .ooo SO U S Ileal' Imp Ss 1000 .... 70 U S Rubber Bs 4000 .. 87 1000 . 80 4000 . 87 looo . 0044 D S S 11 4 II Co Cs 7000 ... 10144 SOOO ... 103 1000 . . 105 f S Steel Corp Es I GEO. A. HUHN & SONS S10CKS AMI IIIIMIH Mernbtrn of tho Philadelphia Jw iorl. nntl CIHiHKu Stick i:chunc: Vew Yur's Cotton nxihance Commletlon Orders txecuted Ml the Principal Markets iii.i.i.v.vt r, ciilkt iiLnu. 1118 Wiilnut St new YoiiK orncr. 111 llrmirlmo. Newiork in 1000 SOOO 1000 nooo 1000 , 1000 2000 Ulnl. P 1000 97 44 07 7 4ii . 08 . . 07 0744 . 7, L, Co Es . 84 1817 Fire 101a Association OF I'HILAUKU'WA N. W. Cor. 1th & Walnut has Bhen Uh polli hoiiiein polld Indemnity for morp than one hundrei jears nnd has neter lnn to strong flniKlallv as. now IIne ou a policy in this old and 1,'llalilo i,ompnn ' CHARTER I'KHPKTUAL " oooo sooo 12000 Peoria 10000 80 80 Last 31 1st Vlr Iron C & C 1st 7000 . . 8144 13000 ... 81 ., l .nh UR Co 1st 6000 80 West m ISlectrlc Cs 3000 . , . 00i 10111) ., 00 Wes.t Paclfla r.n 1st 2000 .. 804& WHkoii Compiny ov 1000 . 03 Vi 3000 0346 3000 . 0344 Wiitun Co 1st sooo 3000 1000 Wit, Cent ltwy Is 1000 ,. . 63, UIIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIllllliis I INSURANCE I Riot & Civil Commotion Aisurance S 0744 0744 07 It is unnoiinr,l that Kmlen S. Unre, president of the Slereer ilytor Co., is to be pmldeut ot tlie new locomobile Co. ' Commercial Union 2 Co. and z: Queen Insurnncs Co of E S America S H WILL1AS1S iV. WALTON 11C-420 AValnut St.. I'hllu. Tiiiiiiiinmiii 1 in yj i hi i iimiiiiiiinijiin tnwiy'Mi? still M.UII I. II.M1A mim: III. I. VM) ItMIIllljlll I IMII'A"M 110 H l"oiirlli Ht, PhiMiV-ipni 1 Tueirih Moniti ir. mm A UUItlenil of 3(4 iwr rent (SI.J5 1 er frlmre) hsit tli dn lreti tleilarft im bit on First Month 13 1020 lo rtoikliuldtra if record ut 3 j, in on Ihe Itlth Inar The trnnifer bouka rloaliyr on the loth Inat will ba opened ll 1 n m on I Irat Month IB. 1B1MI Check. Ul be mailed mWJA Treitsurcr IroiinMTis 11 m if (irri ui(. 11T OT !l.,THI,'lhM SlAt.WKt imis Notif m Iiti hj tvwn thwt on I mLnr Jf HUM the Major of tho C'ty of lt-thihem will flfll to the liluhpst rt",ponnl.,l Mdd r !" tiOci Street Putinff S Onhl ltomn rleM of ll'Jtt tu he Oateil Juuuiry 1 llirt to I ear I'i ' Inttrtst pr annum piuhk 8 nilannimlli, to uiituro tn 1piu iju) an nua t lninllinrnt vU JhtKI'i principal i mount ih r of on Januir 1 1 It J t u Ilk l rim ipiil Amount i her of on January 1 in in h unci nn) rai tlnrtfti miii1 mil tn In ill n r: Tunuar 1 11 t , .in 1 $ tK) priri timl iiinuunt thirrof on Tun u iry 1 l'i In, lo ! in linomlTiatlrnr nf (inon K'On and Jion or partU In etich of aild dunomlmitlon as the Mnor m i ilettrmlrf tn nrdpr to (nn.pl v lib th dr Hire of th purchiiRrr oi purt-hasern rfcl torabli nn to nr tu Inn I both ic-lnrlnal nn 1 L iterant to he pnnhlp at th offloc of the Itv Trrnnmir ii I n.led Stntrs Oold Ciin u uhoin dtr ui Hon i fir nn prm1tlp 1 h 1 iw feir tHM i ii her tl"an kuci enn'on and tnht litfinii tax h further infoitnHllnii nm W had on npi llrutl n tu thn MiiMir sub ( f tli Im nils ln puhtitt t, th tUial nn tint nt nud Pj io il of I tulipuni i Known h Hill Nn IM of the Cits ( m- l nn' In llmj iht tBBUH i il mile thereof s ihl OrJnimiH uim Introduced o mb i 17 Ibl'i ,n urn hnp pjbHrihfd and will ( m on for final pin jfe on I)pinibcr is 11H rrupoanN foi the put hie of trti' lrtnd- oil htieb Imllnd euLJt t to th HpnrortI of i mnt.1 1 fur tho purcbrtpem hh to th ilM!t tl ntnf Hich pmnoMtl tnuft ! i wor'oiI n ut 1 lu the liHiuItt of the Major i uf the t lt on or i i fore 7 i m, on Drnfin her 211, 1!MI: and muFt he nerompnn ed bv a ertlrttd ih'tK pixuhle to th ordr of the City Ircatoirer for -"i of the pip altm of the IjoimIh hid for Che ktt of unin i eiv. I ful bidder! Mill be Inimedl itelv ri turned 'J he propnuaH w III 1 op "tied Ht 7 orlnck p m on IVcembfr J' 1U1 u the otfl of the MfiMir Ihe ilcht to rejei t mi or aM bide Is -cutvM o 1 Id at Ufp thnn par and accrued Inter. M will be aeti'ited A jonviov Majur of the Llt uf 1tethln "i J HI ll'M t t n rk 1M! II ui I MIINN .1T ill" It' Tin i UM I smi.iKio itoMs Noti e Im hi ri h n th f oi Ii iti'Hi JO HHit th Mavur of th ( lt Lt Methle hem will ell to the hMift n n-nIhle i'd tier l"Ooii'i !Mi1nri st n Uhtln 4' Gold llomln Series f l'in tj U diicd Innunr-v 1 injo t b ' -it - h re annum i ubU ninn llv tu tn l twentx (Lrti (iual ins' illnn ntn i SI(inO prim I pal imiount tip r ff ii Tfonttn I l't i , tnd a like nrln ml uniomt th teof on tin-1 iFt da of JftPii'i In . nch , t i tiHr therewfter in'll a. 1 tp( h'dtm- n. ti t ' uf lanurv itMO t be In deiiomliuu is o' tliniii J"ih and tHi or narthif.n -n h of Mild dcnomlntlon as tbr Mrnr m b t rtnlne tn oidtr lo i innh wUh tu ilcln of ihe pun n per or pur-hner refNterab'f i lo iclnrlnil thfth principal nd I itr'wt ti le ii t ible it the , iT!( f t'i rt in.Huru tn L'ulled .Stntis Odd Coin viU ut d bu lion fir n ju rniitu d b 1 1 for t ix other lb n Runeiihn ir.d ii -litrltniie luxe- Kuriher Informtiliin rans he ba 1 on hppIUh Iii to the Jlaor Sale of th bond" I fu iic la the hnn) fiidptment and (iproal -f Ordlnap'e known hh Hill Vo lim cf the ( lt Council author I71T Un Ikui and til thereof UnA Ordlnit wttt inlidui eil nembei 17 11)1' Is now- hi Inir l bll ihed "nd will mme on fu Un il pnhFiri oi D'mip- is loiu Vn pnfHla for fhe no- haie of the l-ondi ire 1 pre ix lnUd sublect to the npnroi if miisd for Ihe Dunhnt c,rn m to the illl 'h i !. nrnnociil mn't le neal 1 i.mt-t b In th. lun.i of the Mnvor of the u m r lefnre 7 p. ni nn I)e iiwh.r 20 11)11). nil HUM 1)0 at omnnnUii bv i Liriifal ihk payable to tlie order of the lt Tniit-urer for Jr of tin pai alue of the bmdi UI fjr c he kji of un HULtensful I Idl rt will 1 I'titwdbitch re turned Th nroiwiln will bo onentd at 7 otlo'l n rn on December 1!S lDl1) t the offltr of Hi Aluor Che rliht to reje t anv .r U bldi 1 re. red No bide at e n than nor and ntcrued lutriebt iill be Hei(ii a lOHvsrov i Mhxiu of the i Its if Ilethlfheni Ta (Mtl CilTk ruopo-Ais ran mh.hs' N'orirorjc m ITS- ft" . i nfili Quartermarter Oen eril Cbt'lilns and I.tiulpac DII.ion Sealed proporala In duplicate will b r'lwl titt until M I". Dfcmber 20 1H1D for fur i nVh'tm 'if. Nuph Noifoll Su't Tropoti Hnnka tid Inf-rmiiUiu oMnlnable from rnptaln J T3 Van Hnrne .Ir rtiom DJJl Munltlonr Huildlmr Whhintun, D i' or at Zoni Rupplv Office aut tt and Oruon 1 1 e , Phllndelph'a Pi rnoPObAis nm vi usi.h i;nitrovTs uitle- f the QuarteriuaMt-r O'rerrt! clotV Inif nnd Kqulpipe DIvIhIom dialed propovalu In duplicate wi'l tie rrreUed heie until to a m Decembei 2U ll for furuthlu? I7 NurweK' Oe(oati Propoail hUiikn and u iortnatlon ublalnnbU from rautatti J j; Vati Home Jr flmini M.'l .MiinltloriK Uu bllou Wftnlilnicton D ' ir fiom Zon Bupply Office 'Jt at and Oreicuii ave Plillvdej MiiiiilHertliui4 NATIONAI llNK OK (OMMUirh Phila , Dec 11 HUH The annuW elettlon for illreclorii nf trifn bank will le held at the bauklmr houe on Tuveday. Juminrr 13, 10?O, botween tha hour, of U '.to.k njy-J J p Caibler In nrordtnr with a resolution vi(i ilclnhla. on Thuradnv Novemlvir 20. 1B1. C ii bill TUthoriilliB the creation nf loan! nr InotiH It. ,ti umn nf ffi.ti million (lU.'l OGO Uiiii) rtolUrs la hereby published lor puvl uc nrormu-ion ., iiai. n rrnyro.k AN ORDINANCE To authorise thi rrmtlon cf loan or IMJ" In tho aum of flfteen million (IS OOJ.OOU) dollar hflnu th unlMUfd portion ot o-J Iran In thi iim of forts -two million roar, huridrnl nnd (lft thousand ven hundrMJ and nlnetj-atfn (12,4!i0.787) dollar, pr-J Mod frr bv an Ordlnanco approrn! tboj Slith dar of Juno 1018. Ihla ordlnncl bolrnr BUDplriprnliiry to the aald Ordlnanc of Juno ." lOliI tho aald flftoon million, Uollira to ho uaod toward th ,f"e"0Ji' and ronatructlon of tho main hulldlr 1t. Uio Vrvt Library of Philadelphia! to pay 5 damnuia for tho horetofore authortta cpmliiif Hldonlnir nnd chanalnK ot grade I of atroet' construction of aor. co"- domuatlon of prln nnd other punJMa. inward tho removal of grade crosalnra. IiW" South I'hllodelphla, toanl the acoulaltlon of and pament for property, erection nnd ronatructlon of aewaco dlapoaal plant and ifi r nyatem of FranKford crea area tunard tho acnulsltlon of propertsr and Improvement of the Parkway: to pay tor property heretofore talion and to be taken for ralrmount and other park,i construction of main aowera; conatructlon of main tevera In Veiianro, rtleler and ruiUer etrr-ota, ronatructlon of branch cwora, ronatructlon of brldjea: cradlnii airotta Imprrvomont of country roadar pHlrc Intoroectl la, Improiement of tuj Uouioard for ihe further Improvement of tho South llroad Street Uoulevard l'la-a ,c miw Island Park and Oovern t unt ncnuo, tuivurd the erection ot a Convention Hull, toward aiculaltlon t" Und election and conatructlon and eaulp' ment nf the Philadelphia General Uoasttal und Nuraea' Homo and other bulldlnta under tho a iprvllon of the Department t-f Public Health a-id Charltlea, towanl ' the 'nuloii of nn Art Muaeum. bectlon 1, Tho bclect and Common Coun-j rlla of the Clt) of Philadelphia do ordaldfit Hut the JIaer City Solicitor and City lontroller or anj two of them, bo and tby art hoiobA authorized lo borrow at auoh l lima and In such proportions of the City drmand. I rum tht. liUheat bidder or bidder,, uv advertisement, ut not leaa than par. on tho faith and crod.t nf the City of Phila up.MiIh i aum er iuma which In the aavre kate Hi, all not exued fifteen million H. UUU.UUu) dollars be.n the unlaaued portion ii. u loan of fuity-iuo million four hundred arJ lifts thounai.il aeven hundred and iilnets aeven (ll',43ii,Tg7) dollar, provided for bj an Urdlnanc- approved th, lath iy cf Juno 1U1U Ihla Onllnance aupplementln& trt ajid Ordinance of .luifb 2. lulo: the aaloi .l"een mil Ion tu o0 uou) dollar, to bo ex--pi ded us nroiHed for In the second aeotloa cf this ordinance - J x Jin moncs ralaed by th, loan or jo.iia uuthorlzod by .he Brtt aeetlon of tlUr OiJI.iancv tiinll be ued for the followInK m.iposii to wit. Toward the erection ana locairyrtiuu uf the main bulldlna ut the l-iee Liuiary of Ph'lad-lphla two million' four hundred and rtfry thousand U.I3U.UU4K dM.irs. to tav for dame tea for th, h,ra tolon authorized ovenlnir wldenln and tinntlnrf uf irrade of utreeta. conatructlon ot , "" condemnation of propen for parka . and oi hi-puii'obis, ihirtj-four thouaand (3.? ' uuii) uoIIuih toward the lemoval of crad, ciu'sluaa In buuth PniUdelPhla. aa Mr ran. , t iict iiatnl jf.uch jil, inn. aeven million' alx hundred thousand (7.00O.OUO) dollara. tuniud ncuulaltlun of properly, erection ncl conatructlon i-f tnai, dlspoeul plant, and , aeweniKs asatmi of IVankford week area. ' Cno mllllUfl ftillf hlinp..! an Ihl-ivl.hl tbouaiinu (l.J,0uo) uollars. toward thi acquisition of and payment for propertr i uen unj Improieme-it of the Parkwayfl Illti.ii thi.UKjud US.ouil) dollara. to pay fcr? V proportj hcr-lorore tal en and to be takefik -1 Jor 1 ulnnount and other parlia. aevantyo .-. . luuuniiu ci,uuui aoiiara; conatructlon iiiu Hutrs iour nunaria mouaancVi of mm liubl dollars, construction ot inatni a. ei- n uiKlcr and Packer street, fouxv huulrrd thousand 14U0 (Alii) dollars, and IRi enai -u aireet. forty thousand (-M.OOO) dol lira, conatructlon of branch aeaujit, thirty thnuaand uu.uuo) dollara. conaiKiIon of brldci. iht huudred thousand (JolCiHIO) dol ".',".,:Tr"iln,7 "lr,ts tv.entj-four thousand t UI oiiu) dollara, lmproement of eountiy ronils alii-aeen thousand (07.000) dollara: i'w ,,',S.1"itr."'-""!" twenty-eight tlwuaanot IJtliiuo dollars Improienient of the lol Inwlnu b-anchea nf the l!ouleard. IJeusaleBI, IIi)li-a and Poqu tslmc .tvenues. one hundra I id sixty lhou.cro tlUU.OOO) dollara: for tho turiiier Inirminicni of the South llroad. fctret-i . Iloulevaid P'aza. Learue Island Parle and Govornmnu menu- nve hundred anj i'uhii uiuuaaiiu i.i.ci.i'iiui aoiiars. lowaru coiiatruction of a Convention Hart, sup- tho 1 sta rata Tin, cStyiS piem.ntln nimoi lorrowed under an Ordi nance opp'oved Juno W, inn, twenty tbou f;nd (UO.uuul dollx s. toward tho acqulstloo' of land eriction construction and equip mint of the Philadelphia Ueneral Hospital, ' Nuiiios Horn, and the other bulldlnja untej iho aur-rvHlon and direction of the Ot-' pirtn.ont of Public Health and Charities."' two bundled thnuaand C'OO.OOOI dollar,, to- ard tho errctlun of an Art Museum, aa. ii.iiituit ," u,vi uuuira Sec 8 Interist on th, aald loan at roc xceeaiui; iour una one Half U centum per annum ahall be laid by of Philadelphia half yearly, an the flpit of the months of January and July, at the. office of the fiscal arrncy of the City ot Philadelphia Certificates of the aald loan , ah ill be Ir -he ueunl form. In auch amount, ; aa in lender maj require In the aum, ot on hundred (lUii) dollara and Ita multiple i rexlst-rcl or coupon forma, and It shall,.. b rxoriwjd In Uio oald certificate, that Ib loan therein mentioned la payable In thlr-yi vi-eia ufter date tbeieof. and that th, rtn rUal and Intrreit on said loan ar. Das able'' In lw'ut money of th. United State,, free rim all taj e ' Sec. 4 Whenoser any !ian ahall he created by Urtue of this O.-dlnance, th,r, la' bs fore of thlj Ordiniince. an annual tax lesled of alx and on;halt (an ) pcVntu" c on the par salno of such certltlnte, as f lLueil to io the Interest, alao the prlni Ipul of audi loanWvlthln thirty year, an,' ,l ere la thereby annually appropriated to th. j i nmrnlii, i in, i the SlnUlnB run otic of iHh t;iep 'o crrerted, a aum sullicUnt to Hi the 1-ilorost on anld oan, also the Drln. cpal thereof, within thirty ," ancl il in- sunn bieiiniea pajable. Th, approprla-u. ticn lor ci-o Ii -nt tu b, pt!d emlannualiy?V laid Comml-'loncra f ' ., St wir.sov a co inc. " Notice of lllililrndu on I'rrferreU Steek atxl (oinmon Stock. The Hoard of Director, of Wilson k tSufrV Inc has declared a quarterly dividend ot one and three-quarter, per cent (lt ) on, lis profirrrrt otock payabf January S. IVlKi to tno preferred stncliho dor, of record Vi tho cloae or bjslncsa on December S3, 1P19 und a dlldnd of on, dollar and twenty-flv, conta (II "ol lr .hare nn Its common stack, imsiii'le lrehrf-iry S. 10X0. to the common an ol.holdi rs of record nt tho dose ot belli. neaa on January 21, lO.'O. Pursuant to the order of the rotlnc truaiee,. rherks vill be mailed by Wllaen Co., Inc , to the roan-ctIe boldri of th, voting truat cerlPlcatea for said common alock atnndlna- nf rerord on th, tmoks f ,, i"ie otln trustees at the clis of huslntaa on January SI IM" and chocks In pas mem of tho preferred stock dividend will Vi, malted ti usunl , ,f I Datod K,s Tork, DeoomNr 10 Itl1, UfcOItOE p, HOPKIN'9! Bcccttrf. M J 111 Mi m m . (W tWVT"- ?s 4 -, n