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EVEitiftG PUBLIC LDGERr-PHILDELPHIA', WEDNESDAY, MAY- 26, 1020 , '
i
i
. OARTED fly CONGRESS tffl
J7 NATIONAL BANK IB64
fceBANK
NorthAmerica
- 30r Chestnut Street
r
OFFICERS i
. E.-PUSEY PASSMORE, Preiid.nt
R. SJMcKINLET.-VIc Prw. E. S. KROMER, CatMir
. W. J.;MURPHT, Ant CtiMw C. M. PRINCE, Am. Culler
J. W. WHITING, Ant Culler
DIRECTORS
DISTANT VIEW ON
OUTLOOK NEEDED
LINCOLN K. PASSMORE
JOHN W. PEARCE
JOHN P. GREEN
GEORGE FALES BAKER, M. 0.
N. MYERS FITLER
CHRISTIAN C. FEBIGER
J. HOWELL CUMMINGS
W. PERCY SIMPSON
WALTER H. ROSSMASSLER
CHARLES B. DUNK
HORACE E. SMITH
HARRY S. EURET
it
EDWARD P. HENSON
THERON I. CRANE
GRAHAME WOOD
W. KIRKLAND DWIER
WILLIAM F. READ, JR.
CHARLES 0. ALEXANDER
LEONARD T. BEALE
MARVIN A. NEELAND
JAMES D. C. HENDERSON
WALTER ERBEN
Z. PUSEY PASSMORE
New York Bonds
tSAI.RH IK S100A
From Orw nln Until 2 p. tn. IN. Y. Time)
Opposite Broad St. Station
Hundreds of people commute daily from the
suburban districts to Philadelphia on the
Pennsylvania lines into Broad Street Station.
Directly opposite this great terminal stands the
Third National Bank ready to serve these
people, as well as all Philadelphians, in any
banking capacity.
The service rendered here is efficient, modern
and courteous.
M'e Solicit Your Account
Third National Bank
In the Center of Things
Opposite Broad Street Station
-
AMERICAN KARDEXCOMPANY
(Incorporated Under the Laws of the State of New York)
TONAWANDA, N. Y.
8 Cumulative Preferred Stock
NEW ISSUE $500,000
Price $100 Per Share
Callable as a whole or in part on any dUidcud
date at $120 and accrued dividends.
Dividends Payable Quarterly:
January 1, April 1, July 1 and October 1
t
Current earnings and running at the rate of approximately
fl2 per share. Tho charter of the company provides for a
Kinking Fund to retire the Preferred Stock at $120 per share
and accrued dividends.
Kardex Common Stock is paying dividends at the rate of
16 per annum. Ono share of Common may be purchased
with four shares of Preferred, to yield 9.G7e on tho investment.
For Circular and Subscription Blank
Address
P. B. PORTER, Treasurer
AMERICAN KARDEXCOMPANY
Tonawanda, N. Y.
' Branches in Thirty Principal Cities
W '
Roliof for Monoy Situation Lies
In Speeding Up of Transportation
Ono of the partners of n nell-knnwn
blinking nml lirokerace house located In
the renter n tin- city, who hn recently
returned from n trip through the West
and South, snid (lint he has no sympa
thy with the RcnreinnUKers and the
enlnmlty howlers, who nrc just yjnw
busily cngngeri In sprendlnc semlpnnie
tnlk and predicting nil borts of things
tlint mny happen.
The trouble with these people, he
mid, 1h Hint their outlook Is too rlr
cumserlbed, (heir perspective of the.
country Is bounded In- tbe slock citiutn
liens on the board In tiroKers oiiiees
or In the newspnpet columns. If they
would only get far enough from New
York or Philadelphia or Chlcngo, vlit
tho humlrc'dH of prosperous pmnllcr
rltles, where few know ofitho existence
of n stock market, where the Importa
tion of a quantity of gold from Europe
menns no morn to tliein tlinn the Im
portation of a cargo of bricks, they
would conclude that the prosperity of
the united States is it renllty, inde
pendent of the stock market.
Thev would find that these prosper
ous little cities and towns arc growing,
that new building is going on. bnildliiK
of homes, not skyscrapers, as a rule:
that the prices which the Industries o
these places aro getting aro very satis
factory, thnt labor Is fully employed
and nppnroutly satisfied, outside of a
sporadic strike; and that any com
plaints thnt are made is of the failure
of the railroads to deliver raw material
and take away finished merchandise.
People here at home find a complaint
for everything, he snid. One would
think to hear some bankers and brokers
talk these dnj that stocks (should
alwnjs keep going up, thnt there never
din. .1.1 lui n tlllin nf flpnTPSHlOIl. WllCU
1ipv itnmv tlm lilstorv of the past is
nnt Inno rt.7nr HlIP nf rlsCS lUIll dC
prrssions In prices. The stock market
iiPPiloil n tost nml It Is getting it just
as it has done before, he said, and as
it will do again nud again.
He remarked that the amount of now
building going on over the country is
much more exetnsive thnn is generally
hiipposed, notwithstanding the high
cost of labor mid materials, kven in
the oiitlvlng suburbs of Philadelphin it
to remarkable under the circumstances.
Ho said ono of tho complaints he
first beard oil his return to this city
wiii from a friend who was not satis
fied thnt there was not more money
available for real estote mortgages.
"Who." ho nsked. "wants to invest
moncv in ronl estate mortgages with
their'low ield. when almost every day
a new issue of undoubted security is
offered to yield 7 or 7'. per cent?
Vo are too provincial, lie said,
and it would do bunkers, brokers and
customers good to travel uway from
home a little more thnn they do. and
keep their eyes open for the tilings
which mean the prosperity of the coun
try, for they are ninny nnd our pros
pe'rity Is assured.
It is the opinion of a mnjority lu tbe
financial district that the relief for the
present money situatiou lies in tbe
speeding up of transportation and, ac
cording to those best informed on the
ciibject, the Improvement along this lino
during the Inst few dajs is distinctly
noticeable. It is said, however, thnt
it will take at lenst thirty days to show
much progress.
Now that tho Interstnto Commerce
Commission hns undertaken to givo tho
rouds every assistance in raising the
blockade, it is believed tho much dis
cussed frozen credits will shortly be
come liquid and thnt better conditions
will shortly prevail.
It is also the opinion of those who
have given the subject considerable
study that higher freight rates, instend
of being a handicap on tho business of
the couutry. will have the reverse
effect, as freight will move more rapidly
nnd this, it is suid, is the crux of the
situatiou at present.
There were some brokers who were
disappointed in not seeing some nctiiu
iu rail stocks us the result of the Inter
state Commerce Commission rule hear
ing. Some acknowledged thnt so far as
the henrini: bus gone its tone Is con
structive rnther thnn otherwise. There
is a strong belief thnt lis the hearing
progresses tho ofrret will soon bo re
flected in bicker prices nnd grenter ac
tivity in mils, and mnny nro culling the
attention nf tlieir oiitomiTs nml the
public to this phase of the situation.
The slocks to which particular attention
is being called nro the old lino divt-
dend-pnyiug isues.
A well-known broker said yesterday
that, in his opinion, tho rails will move
up quicker thnn any other stocks on the
board when they begin, and lie expected
that to occur at any time, provided the
money situutioh remnins fnvornblo.
Some boues, it wns snid, were send
ing out messiiges to tlieir clients hold
ing industrlnl slocks advising that it
might lie bettor to sell them nnd buy
rails, which they claim nro on the bnr
gain counter nud are likely to bo fa
vorably nffected by any change for the
better in transportation.
There wns a good denl of speculation
ns to tho outcome of tho convention of
bunkers in Washington Inst week, espe
cially as to wlint notion wns decided
upoii in reference to ossontiul and tion
csseutinl loans.
Speaking of the meeting, .Inmes Tl.
Forgnn, the Chlcngo bunker, snid:
"Feeling among Now York bunkers is
that the credit strain has pnssed the
peak in the East nnd 1 believe it is pass
ing here in the West. Federal Keservn
IJonFil in considering reduction of biiuk
loans did not make any deiinlto distinc
tion between essential ami nonessentinl
lonns. mid it did not order or ask bank
ers to reduce on any fixed percentage
bnsls. Hunkers who attended conference
ngroell credit lullatlon bus not been re
duced, ns is customary at this time of
year, nnd there must be n reduction if
additional need for credit for new crop
requirements is to bo met. Otherwise u
serious situatiou would l uifrontod.
"It was agreed bunks should decide
for themselves how to limit tlieir louns.
but tliut this will depend considerably
on tho section of the country. It may
well bo thot louns lie reduced iu the
agricultural districts. Hunks must take
euro of their customers. For example,
the automobile industry In Detroit must
be cared for, otherwise ninny people
would be thrown out of work und the in
dustry seriously crippled. Hut loaning
mono to peoplo who want to buy cars
is deoldedlj uuother matter. Thus it is
incumbent on tho banks to exercise Indi
vidual judgment in making loans."
Masonic Lodge Observes Birthday
Ocean City, N. -.. May 2ll. Mem
ben. of Ocean City Lodge, No. 171, F.
nud A. M . and their wives lust night
observed the twenty -third anniversary
of the orgnnlzution with n dinner nt the
i Hisouyne Hotel 'lhe spenker was K.
J. fatten, city statistician qi muuiiei
phhi. The banquet committed comprised
II, B. Adnms, Dr. M. 11. fjtnndnrd, A.
M. Plummer, Lewis flnndy, Howard T.
Johnson, Husscll II. Nulty.nnd Homers
C, Young.
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TO HOLD .ELECTION FRIDAY
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(Mil,
Laek of harmony in the Tenehers'
Association Is said to lie responsible for
falluro of the pulilii' school tearliers to
make detinue progress in obtaining nu
Inerease In salaries. As a step toward
brliiRinK about a more harmonious con
dition the women teachers will endeavor
to elect officers who. thev believe, will
give them more recognition In. the nf
fairs of the asocintinn. The election
will take plnce next Friday.
The slate framed by the women's or
ganization follows: Kdward Wlldman.
president; Sara 11. Calllnan, first vice
president; Lora It. Scott, second vice
president; Kdlth A. Hprowles. corre
sponding secretary; Harriet Tdnk, re
cording secretnry ; Anastnsln Vauglmn,
treasurer, and Sara Hunting. .1. Ij.
Hnuauer. P. A. Moore. K. It. Hnnna,
.T. K. 'Weidemiinn. P. Miller nnd M. P.
Irvin, representatives.
These candidates have nil pledged
themselves to moke the Teachers' Asso
ciation more democratic and to shift the
control from the board of directors to
the teaching bodv. to nrotect. and fur
ther the Interests of class-room teachers
and to provide for hnrmonlous co
operation between the two bodies.
Officers of the Teachers' Association
are confident the mass of teachers ap
prove their actions nud express them
selves ns certain ot electing their ticket.
The association nominees are : Dr. Iiiicy
1j. W. Wilson, president ; Thomas
Groctzlugcr, llrst vice president: Helen
H. Iiovett, second rice president: Knilly
M. Itcnshaw and Elizabeth Sievin, cor
responding secretaries; Mary Haydock
and Elizabeth Sievin, recording secre
taries; Annn "Walker, treasurer, and
Charlton Rabb, Annn Wilkinson, Sam
uel D. Parry, Louise Tlrinkmnun and
Robert Morris, representatives.
"BABY" HAD THE "MILK"
Police Find Man Had Whisky In Hot
Water Bottles
Attracted by thp iins-ual appearance
and net inns of Christian Yurketc. wlillp
that person .stood at Eighteenth and
Master streets for more than an hour
last night. Jesse Smith, n patrolman
of the Nineteenth and Oxford streets
station, watched the man.
Several men are said to itnve ap
proached Yurkercz and declnred "baby
wants a little milk," handed him a
sum of money and deiinrleil. After
I'cach transaction Yurkercz appeared to
grow thinner. JMiiitli arrested him for
intoxicntion and suspHon of boot-
i1 1 legging nnd at the station house found
ten hot-water bottles Mlleti with whisky
suspended from 11 strap around the
prisoner's waist, according to police.
He will be given a henring today be
fore Magistrate Oswald.
SENTENCE COTHRON COUPLE
8layers of Negro In Maryland Given
Life Terms .
Roclnllle. Mil.. May !!. CHy A. Y.)
Sentences of life Imprisonment In the
Maryland Penitentiary were given
Clarence Cothrou and his eighteen
year -old wife, (irnce Cothron. both for
merly of Miami. Fla., In Circuit Court
here csterdav for the killing Inst June
near here of Homer Jones. 11 negro
chauffeur. Cothron now Is serving a
life sentence in the Maryland Peni
tentiary for killing John T. Welden. of
Philadelphia, also a negro chauffeur,
und Mrs. Cothron is serving n four
car term In the same prkon for kld
liatuiing a Halllmore elrl.
Two of the three judges composing the
court recommended capital punishment
for t otliron. Testimony presented nt
the trial of the pair showed that l;otli
ron and his wife killed Jones after
they had been foiled in their nttempt
to rob the First National Rank at
Highland, Md.
GROUP BARGAINING
SCORES OF WOMEN
IN
IP.
MEETING
26 Delegates, 129 Alternates
Choserj by Suffrage States
for Chicago Convention
WYOMING IS FOR PERSHING
Chicago, Mny 20, Women's share in
the Republican convention this year
will be larger than ever before, accord
ing to n check of the delegates so fur
elected. There will be twenty-six
women delegates and 1-1) women alter
nates with seats in tho Chicago Coll
scum, when the
the business
California heads tlvo states with
women delegates, hating named five out
of the total of tuenly-stx. Tender the
California state law. the delegates are
all chosen at Inree.
Illinois lias three alternates who ore i
women. Kentuckj led iff its list of
delegates-of -large with n woman. Mrs.
Christine Rrndle South, of Frankfort. '
In addition to those ineutioued. the.
METHODIST POLICY
Method of Dealing With Labor
in Cincinnati Plant Is Ex
plained to Conforeco
DR. ELLIOTT CHOSEN EDITOR
By (lie AsMiemtcd Press ,
Dcs Moines, In,. May 'JO. Dr.
flrorge Elliott, of Detroit, yesterday
wns elected editor of the Methodist
Review, a publication of the Methodist
Episcopal Church, following announce
ment several clays ago nt the general
conference here tlint he had been elfctcd
nnd later that examination f the first
ballot iliiclo'rd he had not received
u majority.
xneninl committee nsked the con
ference to npprote the policy of the
Methodist Rook Concrn ns-fo organized
labor at the Cincinnati publishing
house. A form of collective bargaiuiug.
culled bv the nullioritlese of the book
loncem "group linrgalniug. nut in
trnlitv II fnriil nf pollcftivn hlircaitliug
as to the wnge scale and hours of rm-
nlojment. ns well as other Items, hns
' been worked out there, nnd has been
copied b mnny industrial institutions
1 throughout the country.
The report further asks that the book
.concern continue to encournge friendly
, relations with organized Inbor in every
possible manner which does not infringe
upon the rights ot iincirganizpu moor.
The committee on episcopacy lias
recommended the creation of n com
mission to study Into the advisability
of substituting what ifi known nt Hie
conference as "the area" for the gen
eral conference district as a unit of ad
tlie
ns
" l . . '
21 -
i
j 5 J,, ':
lifrPROFnsuJ r
i.Ui- r
i the C. O. P. gets down to I ministration in the church. In tl
, i .. it i i l opening ot the conference there w
s of nominating a candidate. ,,',.,,,. Plltmrnt in favor of the nrc
nc sentiment in nivor 01 tne area
plan, delegates said, but various com
plications have arisen in connection
with the foreign fields. The commis
sion will bo asked to make its report
lit the general conference of 10-4.
There is an indication that an attack
will be made today upon the Sunday
school publications. f j, (nimcil bv
some delegutes that man statements
nrc contained in these publications nnd
piirtictilarlv in the material provided
lid ou if ., ttn...u. i.i.c hich utii i piirticuiiiriv in me
ol.nnrro.l u1l.1,1r lien (lie notllestR nrfi . lor MinflOJ SCllOOl H'SUOIH. Wllit'll lire
settled shows the following states have
sent women as delegates nnd alternates:
What Makes
Millionaires?
Roger W. Babson studied the
hundred leadersofourcommercial
world and thebusincssesthey built.
He found some very interesting
facts on the effect of heredity, en
vironment and training. Butmoro
important he discovered a princi
ple of doing business the principle)
that has built every great business
in America. It is 6implc, for it can
be clearly stated in a single sen
tence. It is unusual, for it will
practically double the net profits
of any business large or small.
You will find the whole story
fact9, figures and principle in.
the new Babson booklet, "IncrcasJ
iiig Net Profits."
Write Today
A copy of this Booklet will be sent
to interested executives, gratis.
Send for it today.
Tear out the Memo now and
hand it to your secretary when
you dictate the morning's mall.
Merely Ath for Booklet 34-R 3
A
2i ;
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riiini Av it aj i Germany. Austria. Itnly. Belgium, Ho
" . . -. llnml nnd StuMtynrlnit.l hnltitr liresenf.
'The purpose of the meeting is to re
organize the international pacifist move
ment, after the interruption occasioned
by the wnr and to consider the League
of Notions question.
Addresses at the opening session Sun
da developed severe criticism of tho
Versailles treaty and the scheme of or
ganization adopted by the League of
Nations. More adequate pro ision
against the outbreak of new wars was
demanded. Miss Emiij (Ireene Hatch,
of Wollc.slcy College, is an Americau
delegate.
PACIFISTS AGAIN ACTIVE
International Peace Societies Meet In
Switzerland and Criticize Treaty
Berne, May 20. Delegates of the In
ternational 1'nion of Pence Societies ore
in session at Haste for the first time
since 1014. representatives of societies
In r.nglnnii. France, the I nltcd Mutes
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MILLIONAIRE INCOMPETENT
John W. O'Bannon Is Adjudged Un
able to Handle Property
New York. May '(.. .tolm AV
O'llnnuon. fifty jenrs old. who boasted
before a sheriff's jury ycMenlm that lie
had built up his business, from n shoe
string to corporations iu which he bus
$15,000,000 interest, was found incom
petent to ninnuge bin property. A won
derful mind and memory, said the alien
ists who examined him, but too dieneil
to continue without n committer
Mr. O'Bannon is head of the O'lmn
nop Corporation, which manufactures
n substitute for leather, and also head
of the Motim Munition 1 orporatlon
The O'BBiinon (orporatlon
.",05,2711 of assets in Hllll.
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oa.yo
Prisoner Has Joy Ride, Returns
Ions, N. Y., May 20. - George He
Luc. seventeen jears old, the oulv pris
oner in the Wn.wio county jail, iiere.
sawed his way out of his cell nnd diote
away in the sheriff's automobile. At
0 o'clock last night lie dnne the 1111
toniobile back to the jail yard and
nnd. himself un. lie bronchi buck sir
of the sheriff's revolvers, which he took
before he left.
Colorado, one ilelecnte. two niter
nates; Idaho, one alternate; ?nilinnn.
six alternates; Iowa, four delegates and
ten alternates; Kansas, six alternates;
Kentuckj. one delegute and one alter
nate; Louisiana, one delegate on con
tested delegation ; Michigan, one dele
gate, eight alternates; Minnesota, "nc
delegate, six alternates; Missouri, three
delegates, twenty - eight alternate);
Montana, one delegate; Nevada. f one
delegate, two alternates: New York,
two delegates, eighteen alternates;
North Dakota, one delegate ; Oklahoma,
one alternate, two delegates on con
tested ticket; South Dakota, one dele
gate: Teniicss-ce one delegate, one al
ternate; Texas, one nlternnte on con
tested delegation: Utah, one delegate,
two alternates ; Virginia, one alternate;
Washington, five alternates; Wisconsin,
sixteen alternates; Wyoming, one alter
nate. Wyoming's six votes in the Republi
can national convention will oe cast 1
for ficncrnl John J. rershing on the
first ballot, as a compliment to Senator 1
Warren, of Wvoming. the fieneinl's
father-in-law, should (fenernl Pcrsh-,
ing's name lie put before the conven- ,
tion I
Delaware and New Jersej delegates.
will be within walking distance of the
uttnftltnltv
Last night the general confercn'i'
reached the report of the loinmittce on
education regarding the course of study 1
for ministers, which him been under
fire ftoni nutnetoiis sounes fur two or 1
three j ears.
The majority report meirly recmn 1
mends the enlargement f the comints '
sion on education, but .loes mil limit j
(heir powers. A minority report wjs I
presented, which prescribed that all
books used in the study course shall be 1
1 in hcartj accord with the church doc-
1 trine. All of the report was adopted
'except the single paragraph mi this,!
point, which will be acted upon today . J
j The conference authorized the otgnti-
1 i.ation of u new benevolo.) board, to j
I l.n 1 .. n.. ,1.. l.n.....l ..t I !.. 1. I
I I,.- ui...,ii ur II-,' im'.ii.j 1,1 ll(,siii;, iioil wmm
I homes, the duty of which shall hi to - -1
render advisory service to tiie hospitals.
' children's homes nnd homes for tin .igcil 1
which are maintained In the clciiomnia
tion.
mwm
Wellealey Hills, 02. Boston, Mass.
Largest Organttatifn oBuunus Advisor)
tn the World
TEAR OFF HERE
For Your
Secretary
Write Roger W. Babson, President
of The Babson Statistical Organiza
tion, Wellesley Hills, 82, Boston,
Mass., as follows: Please send me
a copy of Booklet, :4-R3 "In
creasing Net Profits" gratis.
Memo
Arm Broken, but Girl Drives Auto'
After her arm had been broken ns '
the result of 11 fall from an automobile
Miss Miriam Cat II. a Camden fligli
School girl, drove a number of tier
schoolmate from Anglcsen to Wild
wood. N J . yesterday The accident .
Mnppenrd while Miss Curll was driting
SJUSy
'u.p"in,.,v .:rv?r:T.'.i''1 "- w.t.seeiB tnP'
",' "" .".'. . " ;-. " 1 , game of liaseha in ivici Mtss Caill
Congress nnd Maryland at the LaSalle. W( ,o ,)(lw, mrtil.ip,r(1 ,,. '
y been called off because no girl inn lie
ARREST ARMED BOYS ' found to take lu-r position on the Cam- '
den scliool team.
Policemen Answering Alarm of
Thieves Find Boys In Neighborhood SrSSMSJSISSJaJSISiaBaiSfaaiSiariMSfajaf'i'i
r . 4 .! .. .. .1 T,.. . I f!ll i 1
Soreennt Attle and Pntrolmnn Miller
answering a telephone message at 1 :U0 a
o'clock this morning thnt thieves were 3
trvlng to brenk into the home of T. J JS
Qiiinn. LU North Sixty-third street, gj
caught two boys, each armed with a re- . jd
olver, who were lurking in the neigh f3
horhood. g
The boys said thev wete .lofeph Cn S
vetti, twelve ears old. 210 North Tel- 1 g
ton street, and Anthony Mnrano, fifteen 1
years old, O'--".! Race street. They were Ej
arrested after 11 chafe, and taken to the ' g
Sixty-first and Tlu'inpson streets ta-lg
tion. Later tliey were scut to the House ijjj
of Detention for a hearing this morn-I S
'"Rj 1 fa
Did you clean up and
"Paint Up" with Phoenix
Paint?
Thousands are tloinp; it now
and doing it better than eer
they did before because ilicy
are usinu Phoenix Paint!
i
At All Progressive Dcalera
Phoenix
Paint and Varnish Co. jl
STUDENTS TO GIVE PAGEANTjl 121 aiaVkTsMmdeiphi. J
Biblical Story to Be Enacted by
South Philadelphia High Girls
"Kings and Men," a pageant based
on a Itiblical tory, will be presented
tonight by students of the South Phila
delphia ' High School for (lirls at the
scliool.
The pageant was planned bv Miss
Olive Kly Hart Miss Mabel Rock ar ,
ranged the instrumental music and Mi
Kdlth Rrowi taught the dances.
Costumes in keeping with the period
represented will be worn. An orches
tut composed of the students will play
appropriate music.
W L OFKR
New York, Chicago
nnd p
St. Louis Railroad
First 4s
"Tax Free" in Penna.
Welsh Brothers
028 Chrstnut Struct
. .. . . rhllnilelDhli.
tyomharrt 1543
nmnxHi-uiuitt
Canada
Bear this thouabt In
mind: Canada's Indus
trial possibilities to-day
equal those of the Uni
ted States immediately
following the Civil War.
That explains the
American Industrial
invasion of Canada and
the Dominion's favor
able Investment oppor
tunities. Placing Investment
funds In Canada with
exchange rates no ad
vantageous to you, au
gurs Voll for large In
comcandfuturcproflts. We will recommend
you desirable securities
with excellent income
yield if you will write
to us. Address:
S3
Acewcv of
Royal Securities !
i v.nrnAun 1
W1. (CANADA)
K LIMITED i
rl 165 Broadway, New York jj
A Test
of Our Service
MANY of our customers have ap
pointed this Company executor
under their wills after they have tested
our service thoroughly by putting their
property in our charge in agency accounts
or "Living Trusts".
Wc invite you to discuss with the officers of
our Trust Department this modern method of
caring for your estate.
Commercial Trust
Company
City Hall Square West
Member Federal Reserve System
Recommended for the
Attention of
Discriminating
Investors
is the preferred and common
stock of a large rubber com
pany, at a price to yield a very
satisfactory return. I3 an es
tablished company, with
plants working to full en
pacity, and managed by rub
ber men of national rcputa
tion. Development pending
which will make the common
stock extremely valuable.
The preferred stock has assets
of over $600 a share, and is
cumulative and convertible.
Price on the preferred stock to
yield 10' , and on the com
mon stock lo yield over 15.
Full details upon request lo
C 309, Ledger Office.
Ksiz. - ---&
JU1I IIIM" mil III mmj . -J
General Manager or
Sales Manager
ilpslrrn inmwtlnn utlh rMnhlUlifd
lMilnr. of mmiiiiI rriHitutlnn or urll
HimniKl iirciiiiiriifliui nf irnrnu.i6
mm. Miii riiV rirrli"iir In ul
mil Rrnrrnl 111 iiwprini-nt ntiil tlnjiire.
Ilrt rrfrrrmrH frmn irritiit fin
tttuArrM hiiiI ntlifri.. 1'rri.rMt rurn
Iiiki. f7.V)D irurli. DrliilU at lntr-
iki 1 ?at. 11 iii.k i,i:ii(ii:it
firrTiTrrriTrrTTri"rrrrrfrirTrfiv
Frederick Peirce
IIONIIH JO IJfVKKT
FOB CSc VO. MUNT
141 Chut nut Htrtt. VUtUiitlatiim H
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