Evening public ledger. (Philadelphia [Pa.]) 1914-1942, March 11, 1920, Postscript, Page 17, Image 17

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    11
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f BROKER PREDICTS
H t2.o00.oOO.00 Jl
IncomeTax Returns
The Internal Revenue
Bureau has assigned one
of its representatives to be
at this Trust Co. from
March 4th until March
15th, daily, fof the purpose
of assisting the public in
making their income tax
Returns.
Manufacturers
Wishing
to Sell
or to purchase a going
cohccrn will find our
Business Trading De
partment offering an un
usual service. Wo are
in touch with industrial
activities, and we shall be
glad to discuss with you
your particular situation.
Our files contain inquiries
both for tho purchase and
for ,tho sale of industrials
and going concerns.
Business Trading
Department
Elkins, Morris & Go.
Land Title Bldg., Phlla.
Investment Bankers
umftoimmman r. gnrw
30 Years
in
Export Banking
"
TNTIMATE KNOWL-J-
EDGE of the needs
and habits of the people,
acquired by years of ex
perience and actual resi
dence in the countries
themselves, is essential
when transacting busi
ness abroad.
Our 23 branches in South
America, 8 offices in Eu
rope and direct connections
throughout the world round
out a service broad and com
prehensive in every detail.
Anglo-South American
L T3ANrC.LIM.TED
New York Agency, 40-IIroadway
The Price
History of
Every Stock
traded in the New York
Curb and in Boston, San
Francisco, Salt Lake and
other exchanges is given
in the February issue of
our
Free Broker's
Hand Book
Just out -.high and
low prices for last month
and entire year of 1919;
Par, capital, dividend rates
of more than 800 securi
ties, An invaluable guide
for those who are plan
ning to take' advantage of
the present technical po
sition of the Market.
Memo, page, commission
rates, etc.
Ask for No. T. U.-837
JONES & BAKER
SECURITIES
WldenerBldg,, Philadelphia
ehnttB$ll, Walnut 6065
X'fitont, Ract 2290
Dlrttt Privcti Wirtt
Offices in 8 Principal Cities
Qu?i k
.t
1
ACHY IN RAILS
Money Market Must Reach
Moro Favorable Stage Bo-
foro Boom Begins
BIG YEAR FOR EQUIPMENTS
A well-known broker said that ns
oon as tho money market had ronched
a more favorable stage ho looked for
n full market in railroad stocks.
Tho activity during the last two
days, he remarked, was largely pro
fessional. There is just needed one
more decision by the Supreme Court,
lie said, to cap the sheaf of favorablo
railroad legislation which has re
ccntly been crowded Into n few days
and that is n decision favoring tho sep
aration of the coal and Iron companies
from the parent roads. There Is now
no obstarlo, in the event of Ruch de
cision, ho said, to the distribution of
the stocks of the coal and iron com
panies as a dividend.
The manager of a concern which has
an extensive business in lnllroad equip,
ment securities said that already tho
roads aro placing large orders for
equipment with the equipment indus
tries. This, ho said, was what he and
all those Interested in such securities
had exported. The equipment Indus
try, ho said, has entered whnt promises
to be the biggest year of its history.
A banker remarked yesterday that
the rumor of on early shipment of gold
from London to tho United States may
not prove to bo o canard after all.
1' rom latest reports, ho said, the ship
ment of S125.000.000 of gold between
now and October next, when tho Anglo
r rencli londs become duo Rccms assured.
Bftsldcs, he remarked, there aro other
moans which will be resorted to in order
to take tin at least one-half if not the
whole SoOO.OOO.OOO isue. Great Brit
ain still has, through the sale of Ameri
can securities accumulated In this coun
try, a considerable amount in cash
which is being constantly augmented.
She has also enormous profits from
British shipping under wartlmo provi
sions not ct expired.
England, however, he added, gets a
large amount of gold from South Af
rica, but this may be contracted if the
present reported political unrest In
South Africa turns out to bo scrlou .
Reporting Supremo Court Decisions
To prevent errors in the future pub
lication of Sunremo Court dpplslnnq
1 there were several suggestions made in
mo nnanciui district yesterday.
One was that no persons should be
permitted to leave the court during the
reading of n decision. Another wns that
all decisions liltely to affect tho stock
market should be given out after the
close of the market. Still another was
that the court should state at tho begin
ning of each decision whether it affirms
or overrules tho lower court.
One banker maintained that some
years ago Rurh derisions were alwajs
delivered after the close of the market.
Steel Krport Has No Marked Effect
The publication jesterday of the un
filled tonnage of the United States StivM
Corporation while not affecting the stock
market, was considered cry satisfac
tory. '
The unnunl report of the corporation,
duo on March 15, Is not expected to In
fluence Hie stock market either, as the
figures have already been made public in
the quarterly statements, but. as a
banker remarked, Judge Gary will prob
nbly accompany the report with some
remarks which may give the key to the
prospects of tho steel industry for tho
remainder of the year.
America's Trade With Germany
A banker called attention to the fact
that whllo technically we ore at war
with Germany, our exports to that
country for Jonuary last were valued
at 514,000,000 and our imports from
Germany were valued at over $1,000,
000. Tho Tcbruary figures, ho said,
will far exceed these.
$100 ART PRIZE AWARDED
Young Sculptor Wins With His
Study of a Nude Woman
Benjamin Turner Kurtz, of 1020
Spruce fctrect, has been awarded the
j-.dmum! Htewarilson priro or :iuu tor
lils study or u nude woman m tuo ex
hibition of sculpture at the Academy
of the Fine Arts.
Mr. Kurtz, who is twenty-one years
old, is a former student of tho Rhine
hart School of Art, Baltimore. This is
his first year in Philadelphia ns an art
student.
The sculntor becan bis career as a
student of classic dancing, appearing
with the Morgan dancers on Uroadway.
At the Tthlnehart School ho won tho
Uhlnehart prlzo for two successive
years.
Dr. B. Tait McKcnzic, chairman,
said the jury was unauimous in its de
cision. Haphael Sabatlni, 1740 South
Fifteenth street, won honorable men
tion in tho competition.
Identified as Master Smuggler
riattsburg, N. Y., March 11. (By
A. P.) A man arrested near hero while
headed south with 800 bottles of Cona-
tltn.i .rMclr. vena IrlpntlfTrvl Innf ntcrjif
upon arraignment as "Dick" Werner,
nllflrn.l "tnABfpr mlnil' nf rjntntnlnn
liquor smugglers, who escaped from a
Uulted Stntes marshal in Washington
February 10.
1817
1020
Fire
Association
OF PHILADELPHIA
N.' W. Cor. 4th & Walnut
has given Us policy holders solid
InOmnlty for more than one
hundiod years and has never
been so strong: nnanclally as now.
Have you a policy In this old
and reliable Company?
CHAKTER PERPETUAL
LIBERTY BONDS
All Issues
Bought and Sold
$50 $100 $500 $1000
Graham, Parsons &Ca
43S Chestnut Street
Philadelphia
Income Tax Service
By Specialists
Schlndlcr &Nuren
flpruN 34 ' VhlUdttpbta. Fa.
Ofttco onn thl weak till O P V
EfNlM POTL& i
LEGACY FOUND BY WOMAN
AFTER SEVEN YEARS' SEARCH
Atlantic City Resident Comes Across Bag in Philadelphia
Which Contains Mother's Bankbook and Documents
Making Her Heir to Several Thousand Dollars
Atlantic City, IMarch 11. After a
search of more than seven years, a lost
legacy from her mother, tho late Mrs.
Jc(jnam uinns, of London and Phila
delphia, running into several thousands
of dollars, has been found reposing in
perfect safety In tho coffers of n Phila
delphia bank, bv Miss Hannah .T. Binns,
of this city. One happy result of the
discovery is a joyful reconciliation of
two sisters, who had been estranged .as
a result of its disappearance.
The disappearance of tho legacy, fol
lowing the death of her parent, was one
of the causes of an action for an ac
counting brought by Miss Binns In tho
Court of Chancery here, several years,
ago, against her sister, Mrs J. Puring
ton Fenton, and the lattcr's husband.
Mr. Fenton had taken over a mill In
Big School Budgets With In
creases for Teachers Cause
Figures to Jump
CUMBERLAND COUNTY HIT
Brldgeton, N. ,T., March 11. Tax
rates for Cumberland county were an
nounced vestrrdav bv tho county Board
of Taxation. Bridgcton's rate goes up to
the highest figure It has ever reached,
W.00. as compared with $2.28 for 1010.
The total assessment, however, has been
reduced from $S.855,l4i to S8.C30.870.
Mlllvllle's tax rate soars from 53.01
to $3.75. with on increase of valua
tions from $7,012,52.1 to $7,720,315.
This latter iH accounted for largely by
extensive Improvements In the city.
VIneland's tas jumps from $3.00 to
$4.42 and the assessment from $3,035,
823 to $3,387,748, The county, board
had asked tho assessors of Vineland to
raise the valuations this 5 ear, it being
felt that they were hardly up to tno
mark. The borough and township
(Landls) did so to the amount of
$700,000 over nnd above the total rata
bles for last j car.
School budgets throughout the county,
materially increased to provide more
pay for the teachers, are In consider
able measure the cause of the advanced
rates. The banks of the county will
pay $21,214.44 bank tax this year, half
of which goes to the couuty uud half
to the municipality.
. Other rates throughout the county ore
as follows: Commercial township,
$4.30, a jump from $3.10; Dcerficld,
$2.85: Downe. $1.05: Fairfield, $3.14;
Greenwich, $3.75; Hopewell, $3.50;
Landis. $3.08: Lawrence, $3.02; Mau
rice Uiver, $3.20; Stow Creek, $2.85,
ccry division showing a substantial in
crease in its tax rate.
DIX SOLDIER DROWNED
Companions and Jitney Driver' Held
Pending Investigation
Trenton. March 11. County author
ities dragging the 53anhicnu cnek for the
body of Chester II. Lefcvre. a Camp
Dlx soldier. Sergeant Robert D. Nor
ton and Private Hdward Gibbs, his com
panions, told the police that Lefcvre
had been accidentally drowned.
The two men with Robert Grimslcy,
n jitney driver, of Wrightstown, are
being held, pending n more complete
investigation into the soldier
The drowned man was n member of
Company K, Forty-fifth Infantry, and
his home was in St. Louis, Mo.
POSTPONE RAIL CONFERENCE
Wage Demand Meeting Finds Neither
Sldo Fully Prepared
Washington, March 11. Negotia
tions between the railroad exiciitlvcs'
committee and the union representatives
on railroad labor's wage demands were
suspended temporarily last night. The
first session found neither side ready
and adjournment was taken after brief
discussion. The second meeting will not
be held before Friday.
Members of the executives' committed
wero understood to have pressed for n
decision on the question of permanent
headquarters for the board. They pre
ferred either Chicago or New York.
Union leaders opposed that, howeer.
Opera Singer Robbed
Now York. Slarch 11. Mary Ellis,
a member of the Metropolitan Opera
Co., reported to the police yesterday
that sho had been robbed of jewels nnd
wedding presents valued at $0000 taken
from herapartment. Several of the
nrtlcles wero family heirlooms. The
thieves also took a Belgian war cross,
presented by King Albert to the sing
er's husband, Louis O. Rernheimer,
whllo ho was in tho French aviation
service.
IAX RATES SOARING
IN SOUTH JERSEY
International Freighting Corporation
Regular
Sailings
PHILADELPHIA to SOUTH AMERICA
CMIto. at rrmsmbneo. n.hfj. R, J.nriro na MMtoMM.
PHILADELPHIA to FRENCH ATLANTIC PORTS
Donleaox, Htt. Dunkirk, tte.
01TIC12S
Lafayette Building. Philadelphia. Telephone Lombard 3033. 3634
iiu nroouwor. nw vorU.
SPRING in 48 HOURS
n possibility within yotlr reach. Sail down to meet
her. Engage your nassaee now on tho
Specially Chartered
S. S. "CALAMARES
of the Great White Fleet
A 24 Day Cruise to the West Indies
Sailing Saturday, March 27th
The itjnornry' includes Havana, Port Antonio. Kingston
Panama. Port Llmon, San Joso, Costa Rica and Nassau!
Fare, including statoroomB, meals, excursions etc
from $425. ' '
Send for illustrated booklet
Thos. Cook & Son
1111 PhnHA
225 South Broad St
"fflfammil&tiLVElA, OOTJKSDAY,
Philadelphia following the death of tho
father of his wife and Miss Binns, and
the latter brought suit for her share, of
tho property. The court ruled against
her. An estrangement followed.
A iw Anvu nffrt Ming Ttlnnn. wlitln 1
visiting in Philadelphia, came across a
scaled bag which, when opened, dls-
closed a possbook for an account kept
by hfcr mother In a bank In Walnut
street, Philadelphia, together with
jewelry and documents making It clear
that it was her mother's desire she
shmild have the money and jewelry,
With her legacy, Miss Binns collected
interest for ten years.
She has resumed relations with her
.int. n.i la ninnnimr in in. n -i t
her strangely found wealth in visiting
her old English home.
G.O. P. AT TRENTON
Former Senator Leavitt Refuses
to Reconsider His Resigna
tion of Post
SEVERAL MEN MENTIONED
Trenton, March 11. -Probable can
didates for county chairman will be
discussed tonight at a meeting of the
Mercer county Rcnublican committee.
Former Senator Harry D. Leavitt
resigned as chairman nfter tho last
campaign, nnd though efforts havo
been made to induce him to reconsider
his decision, he has steadfastly refused
to take up the chahmanshlp again. The
party is somewhat "in the air" as to
tho chairmanship and a host of candi
dates has been pressed forward, but
most of them do not appear to want
the post owing to the dissension on In
the party.
Tho name of A. Dayton Ollphant,
prosecuting attorney, has been men
tioned in connection with b chair
manship, and it is said that he has tho
support of the regular wing of the
party, though the bo-callcd progressive
trroup is sold to be opposed to him.
Dr. C. II. Murray nnd Frederick K.
Leuckel have also been named as proba
ble selections, but neither of these men
would accept, it is said. Frank McCul
lough, it is understood, is a candidate,
and considerable quiet work is being
done for htm.
It is hardly probable that the com
mittee will select a chairman to
night, but tho matter will undoubtedly
b brought up, though the meeting is
called for the purpose of organizing the
committee to sell the $1 bonds that the
state committee is putting out to finance
the coming campaign.
CHINESE IN COALITION
Eight Provinces Form League to En
force Peace Between North and Soijth
Shanghai, March "j'l. (By A. P.)
"Warfare has broken out in Houan
province because of the effort of tho
Pekiii government to appoint Wu
Kwang-IIsin governor of the province
to supplant Chao Yi, whoso forces arc
opposing thoso of Wu Kwang-IIsin.
This nnd tho outbreak of hostilities in
Kwnntuug province, whero fighting is
proceeding between southern factions,
has brought to light a league of eight
provinces Fuklen, Klangsu, Clilhli.
Honan, Szechwon, Unpen, Shantung
and Klangsl aiming to effect peace bv
uniting against the mtliturlhts both of
Pekin and tho south nnd forcing disso
lution of tho parliaments at Canton
and Pekin.
The Kwangtung warfare is the out
growth of an attempt by tho governor
of yunnan to send a new commander of
the Yunnan troops in Kwangtung. The
new commander is bombarding Shicu
chow, about 118 miles north of Canton.
TOPKS
Through
Bills of
Ladinc
SEEKS
CHAIRMAN
ax. . yu s5ns to vja
7 Europe Send for V?jj
y "The American Traveler y
If in Europe 1920" 1.1
I I It Solves tho Problem. J I
I Mailed Free. r
Q TOAVKI. DUl'T. -l
CJV Wanumnkrr's, hfht- lFii
VWL nut Htrwt Front. S4lf
xjav num.. im. ygyL
LIKES hratd
Telmbone. Cortland 1720
99
Walnut 1AA
Philadelphia
REWED, HIS DIVORCE
NOW IS ANNULLED
Unusual Complication Results
From Suit of R. M. Holllng3
hoad'8 Former Wife
IS CAMDEN MANUFACTURER
T
Trenton, March 11. As a prcliml-
nary step In disposing of a suit for
maintenance brought by Mrs. Emma Tt.
Holllngshead against her husbind,
Richard M. HolHngshcart. a manufne-
turcr of Camden. Vlco Chancellor Bu-
chanan has filed an opinion holding that
n divorce obtained by Mrs. Holllngshrad
in Nevada is null and void, as having
bn secured through fraud and duress.
An uniiHunl comnllcatlon resultinz
fr"m t'j0 decision Is that a few monthj
after tho Nevada decree was obtained
Mr. IIolHngshead remarried. The de
cision of Vice Chancellor Buchanan re
stores the marital relations of Mr. IIol
Hngshead and his first wife.
Having thus restored the marriage
status, Vice Chancellor Buchanan held
that an agreement under which Mr. nol
Hogshead paid his first wife $5000 in cash
and gave her $05,000 worth of preferred
stock In a manufacturing concern yield
ing annual dividends of 8 per cent, was
not binding upon the wife nor nn estop
pel of her right to sue for additional
maintenance. Tho fact that this stoclc
yielded on Jucomc of $4fi00 a year, the
court said, 'Is not proof of Its being ade
quate alimony In view of the largo in
come credited to Mr. Holllngshcad. and
said bv his wife to amount to not less
than $20,000 n vear.
Mrs. Hollingshead went to Nevada
for the purpose of obtaining u divorce.
She alleged that Mr. Hollingshead had
deserted her In October, 1010, and se
cured the divorce upon that ground.
The period covered by the alleged de
sertion W(ts barely a year, sufficient to
Justify n divorce under the Nevada law,
but not under tho New Jersey statuto
which requires desertion for a period of
not less than two years.
Showing that the alleged ground for
divorco occurred In New Jersey while
Mr. and Mrs. Holllngshrad were both
residents of this state, Vice Chancellor
Buchanan called attention to a pro
vision in the divorce law that if any in
habitant of this state shall go into an
other state in order to obtain a decree
of divorco on grounds which occurred
while the parties resided In this stato
or for a cause which is not ground for
divorce under the lows of this state, a
decree so obtained shnll be of no force
or effect In New Jersey.
It appeared that Mrs. Holllngshcad,
tbrouch unfortunate Investments had lost
S10.000 of the $05,000 given her by Mr.
Hollingshead under the ngrccment. She
had offered, however, to return the rest
of the money as a preliminary to a new
scttlemcpt to bo fixed by the court.
Vico Chancellor Buchanan held that the
fact of Mrs. Hollingshcad's inability
to make full restitution was uot a bar
rier to recovery of maintenance under nn
award to be made by the court.
Mr. Hollingshead resides in Rivcrton,
N. J.
Three Shot by Motor Bandits
Canton, O., March 11. Three men
were wounded in an exchange of shots
when five armed nutoinobiio bandits
held up the restaurant of Stec Boldl,
Columbia Heights, Masslllon, yester
day and escaped with $3000 cash.
KBUPATIONAIi
Iloth Hexr
BANKS BUSINESS COLLEGE
lixaX. efficient coutm In Stenocraphr, Tra
in. Secretarial, Accounting Hourly &f
mand, (or graduate to nil Rood paying
SDilUona. Day or nJibt achool. Unl.r any
m.
J80O TVALNCT BT.
Our graduates aro In constant demand for
good paying positions OrrgK shorthind
the iay. apeedy xyiitcm. Complete bunln-aa
und secretarial courrea. Day and Mcht
uiaaaea. intmmKe training. Knroll
zlfTSi any. "mo. tan or wrile lor tun
in fi ... u.n.a ntin tni.lUilljn
'JS l'llll.A IIITMIVVJIU 1'IIIIIT.I'
and Colleen or Commerri
1017 rhralnnt Ht. I'Mlmlelphln
French lfor B a month you learn to
speak, understand, reud and write
Snnnish U"119 lancuagea Guyard School
H . ot LariBuacos. 1027 Chestnut St.
Strayer'a Business College
rhllndrlnhln'a Grrntest rinstnea. Mrhml
107 fhritnot St. l'houe Wulnat 3
Jjjjj Five Railroad Bonif J
The booklet describing these bonds will be sent on request
Guaranty Trust Company of New York
t 40 Broadway
Clayton P. Banks, Philadelphia Correspondent, 421 Chestnut Street
MAftGk 11, 1020
French Resent
Wilson Charges
"onUnncd From Pe One
and that It provided "a basis on which
the peoplo of Europe could live together
in friendship and equity." M. Tnrdlcu
continued :
"Neither is it on the present policy
of Frande that one can baso the re
proach of Imperialism against her.
rnnit- ( found with us. it nnncars. for
having moro soldiers In our army than
I before tho war. That Is not our fault ;
our object Is to iiiminisu nv nit possi
bio means our military burden.
Doing America's Army Worlt
"This is the situation:
"Firsts Wo asked that the League
of Notions create an organized armed
force as an essential condition of
disarmament in the different count
ries. Our proposal was rejected
three different times.
"Second The United States prom
ised us their guarantee In caso of
unprovoked attack, as well by tho
treaty of Versailles as by the special
treaty between them nnd us nnd
neither of those treaties is ratified.
"Third Tho treaty of Versailles
imposed on the allied nnd associated
powers a certain number of common
military duties occupation of tho
left bank of tho Rhine, Schlcswlg,
Danzig, Memel, Allenstcln, Mnrlcn
wcrdcr, Upper Silesia and Tesehcn.
Excepting a few thousand Americans
on tho Ilhine, It Is Trench troops
that everywhere bear the charge
alone. Tho treaty was to bo ex
ecuted by several. "We are executing
it almost alone.
"Fourth The negotiations in
Paris had In.vlcw participation bv
nil tho nl!ffu and associated powers
In tho occupation of mandated ter
ritories. Here, again, the United
States disappeared, and to protect
the populations against massacres
In Constantinople, Anatolia, Arm
cnin and Cillcla, it was again France
that was called on.
Refers to V. S. Naval Expansion
"Therefore, I repeat, It iiunjust to
nccuso us of Imperialism. No .one in
France protests against the coutinunl
increase of the American navy. Our
army, like the American navv, is what
circumstances require it to h-, nnd it
Is not France that created those cir
cumstances. It is the debnte going on
for months in the United Stntes over
ratification of the peace treaty that
created them. Uvcry one knows my
respect for President AVINon, but 1
think that in his last letter to Scnntor
Hitchcock he has been unjust to
France."
Child Federation Elects Board
Atlantic City. March 11. Mrs. "War
ren Somcrs has been re-elected president
of the Child, Federation of Atlantic City
The other officers are: Mrs. Oliver J.
Hommell. Mrs. Charles D White and
Dr. J. Milton Miller, vice presidents;
Mrs. David Fit7Nininioiis, i-rcrutary : H.
D. McDcitt, financial secretary; Mrs.
Grace llammell, corresponding secre
tary, and Miss Anna Mi-thcrlll, treas
urer. FARH AND GARDEN
PRODUCE QUICK AND
POSITIVE RESULTS
"Earli-Belle" Tomato
Jlaturea bo ourlv In tlif aenson
that market irardencra cull l(
'tho carly-inonoy tomato " Pro.
duces n heavy
crop ot smooth
llrni, bo I d
fruit and con
tinues to boar
until frost ltf
solidity and
line (lualltle"
arc uncqualed
by any other
earlv varltty.
;??
Puckct. 6c ;
ounce. 20c; ounce, 35c; Vt pound,
SI 15
Send Today for Our Free Garden Gnide
Telia what. when, and how to
Plant for beat results. Shows how
o mako your pardon really cut
the high cost of living. Send a
postal today for a free copy
ROBERT BUIST COMPANY
4 and 6 S. Front St., Philadelphia. Pa
y ;
'kt;
Highway Board Vlatta Brldgoton
Brldeoton, N. J., March 11. The
members of the cities committee of the
state highway commission came nerc
yesterday and met uie oiuciais ui
i,i,it,-. nti MI1M1I. but cave no
assurance of state aid for road Improve
ment on the streets which will be coy
cred by Route 15 and which both cities
are desirous oi paving, ane commission
ers were John W. Herbert, Walter Ji
Busby nnd Samuel Haverstlck, with
William G. Thompson, engineer, and E.
R. Reed, assistant engineer.
Dynamlto Burlington Ico Jam
Burlington, N. J., March 11. Dy
namite was employed to break the Ice
jnm In the Delaware river, which
threatened to cause n tie-up of the big
power plant of thd Public Service Cor-
S oration In West Burlington yesterday!
luards with a battery of bombs
watched tho iloes all last night, ready to
act If there Is a rcncwnl of the trouble-.
do
?g
WHAT are you going to do
if an employee claims his
pay is wrong ?
Even if the cash balanced
how do you know someone
else was not overpaid the same
amount ?
You can have proof if you
use the International Payroll
Machine.
This machine lists, adds and
tells the exact amount of each
denomination required to make
A
IIBU55255Ky53aaaiJ m
FRENCH AMERICAN
BANKING CORPORATION
67-69 William Street, New York
Republic of France
5 Internal Loan of 1920
Negotiable Interim Certificates Issued Immediately
Kensington Trust Company
Kensington and Allegheny Aves.
The Internal Revenue Bureau hut atiigned one of its
representatives to this Company, from March 8, 1920,
until March IS, 1920, for the purpose of assisting tho
public in making up income tax returns.
CERTAIN investments have
stood the test of security of prin
cipal and regularity of interest pay
ments under the most adverse cir
cumstances. Among these are the
underlying mortgage bonds of large
and well-managed railroad systems.
We have prepared a booklet, with de
tailed mortgage maps, describing five
such bonds the obligations of five
of the strongest American railroad
systems. Each company has an un
interrupted dividend record of ic
years or longer.
The railroads the arteries of our
national life arc more vital than
ever to the country's economic de
velopment and we believe that their
fundamental values will not be
impaired.
These five railroad bonds, covering
some of the most important mileage
in the United States, are, in our judg
ment, intrinsically sound securities
and at present prices offer unusual
investment opportunities.
H
IV
POKER GAME BRINGS A
V
Manufacturer Acoused of Fatt fiJ 1
tenio by use or MarKea carawr"
New York, March 11. Justice IrVtjg
eric Kernochen, in Special ffcaaMN
Court, yesterday issued a warraa Ml
the arrest of Louis Krbhnbtnr.
of the Bijou Waist Co., on r c
ODtaining money unaer taw
in connection with n "stud" nol
nllegcd to have been played at hto
in December. During a hearing la
ruarv. Jacob Silverman testified
marked cards wore used in the Kama,
The hearing grew out or a cow
by Thomas A. McGrath, assUtaa
net attorney, that approximately ;
000 was involved in a aeries of
enmea nt Krohnbcrc'a homo In
End avenue, tho home of Joaeak
Schcnck. n motion-picture prodaeerj
the McAlpIn Hotel and at the Wi
Crest Manor Hotel at Arverno, I. I.
you Tcnqsy tha
your Payroll
made up?
up the payroll. It counts the
money into envelopes and
keeps a permanent black-and-white
record of the amount
put into each envelope.
It checks the payroll and bal
ances the cash automatically.
It is handling the payrolls of
such firms as General Electric,
Standard Oil, John B. Stetson,
United States Steel Corpora
tion and hundreds of others.
Send for a full list of users.
Reading, Pa.
Mmnufictunn of Payroll and
VUlbla Adding and Uatlnt HicMim
Philadelphia Office 125 S. 12th 8trtat
Phon. Walnut 37
Office In all principal eltlM
4
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