t
V
for
RN
r
SVv
kb
'14
y
m
uvirroort votations
Mbi. r. M i, cTrt.K n-
JRill-t"ir' ,iisi?i tow. i.iw)ti,
-Wj-lifeilpt, ieoo hd. sttiar,
T?(W-Krelftl(i.. U.nOO hed. Lower,
, !.?' I'lnU orkr. liiei(.:3 pies, Jt.i
In. At) j f
, BHKKP AND LAMnf)
neso.
HO.OQ,
ndo
..Tleeelnta
Lower. Top ihep, J.T5 top Iamb,
Loncjon Metal Market
Lnmlnn, May 31. Standard copper
Spot. 95 2h 6d: futures. 9X IBs; elec
trolytic dpot, 105: future. 107, Tin
pot. (274, l6i: future. 280 6w. Inl
--spot. 39! futures, 40. Zinc Bpot,
14 : futures, 40 6s.
MARK
ET OUTLOOK
IS VERY PUZZLING
Stocks and
Bonds'
Bought and
Sold
Private Wires to New York
and Pittsburgh
MOORE
LEONARD
& LYNCH
CUSHMAN NEWHALL
MANAOCIt
1540 WALNUT STREET
, ITZ CARLTON MOTCL .
vaur"9 dSSSSk tmsait
CprrTsauRCH
ITOCK EXCHANGES
Much Depends Upon Progross in
Deflation of Strained Credit
Situation
The Time to Buy
Large profits ore surelv In store
for those who purchase bonds at the
prevatllnc low level.
We offer
First Mortgage Bonds
that hve stood tNe test of time.
Th,ee Issues which liefore the war
eol'j at from S5 to 105 may now be
pi,r".liasel at from CO to 80.
Returning From G to 9
EDWARD V. KANE & CO.
Mortis nuitding
Thestock quotation tickers
silent today nml the great market inn
cliincry of the country was at a stand
still. The market world took a holi
day. It takes a number of them (lifting
the course of the year, but It is ques
tioned If Wall street and its constitu
ents ever took a day off, to confused
as to the immediate future of the mar
ket than it is at the present time.
Some of the acknowledged shrewdest
judges openly confess their inability .to
read the possibilities of the future.
There are so many conflicting elements
in the situation ns to produce cross
currents that baffle the most experi
enced to measure the trend twenty
four hours ahead.
On all sides it is freclr acknowledged
the country at large is In, or is enter-:
lug Into, n liquidating period. This'
I seems to npply to nearly nil divisions
i of finance, trnde and commerce. Iu
brief, an economic evolution. .Tust the
same ns the trnnxltion, from a pence to
a war bnsls and vice versn. Kvcry
I development having the slightest bear
1 Ing itpon the fundamental conditions
is anal zed tith the greatest scrutiny
in hopes of finding some ear-mark or
sign by which possible measurements
can bo' attalued of the general situa
tion. The nftcr-wnr conditions hrnc been
prolific of confusion and Increasing un
settletnent ns consequence of the In
flation nhlch naturally follows nn era
of widespread and recklees speculation.
The hand maiden of war times and
credit ejtrmnHlon. Thus It might be
aid. much of the future depends upon
the success and progress In the defla
tion of the extended credit situation,
in a few words, if the highy "inflated
tnto of the country's financial condi
tions can be reduced to a normal enulll
ring tne nigni;
fabric of buhl
BOLES & WEST WOOD
Members Phila. Stock Exchange
DETROIT EDISON CO.
6's, Due 1940, to Net 7
Land Title Building. Phlla.
Telephone, Locust 2015
brtum without puncturln
stretched and sensitive
nes all will end well.
Measured by the panic level at which
security values have depreciated It
would seemingly be safe to state that
in o far as the stock market Is con
cerned the liquidating movement has
been very thorough. It Is common
knowledge that brokers' loans have
been reduced to the lowest minimum
in the history of the street. Ordinarily,
this would nppareiitly ..indicate' stock
"""" i
market prices had struck bottom. In?
astnuVh, however, as tljo, security mar
kets' offer practically tho only open
avenue for obtaining capital require
ments, wilch Is shrfFoff In the ordinary
channels, tho further corrective meas
ures that may be applied to bring the
credit situation to a safer level might
produce further liquidation and con
sequent lower level of security values.
As the average price of securities litis
been virtually adjusted to an 8 per cent
basis, thus conforming to, the earning
capacity of money, there would natur
ally seem to be less danger of recur
rence of Involuntary security liquida
tion ns recently witnessed. Thnt Is to
ftnv. Willi street, linn itrnrtlcnllv ruc
were Lceedcd in placing Its ho'use In order.
As to commercial credits and the
commodity markets thc'outloox is more
clouded and uncertain, It not puzzling,
and It is not likely thnt any definite
measurements will be obtainable until
for some fow months In reviewing this
side of the credit situation, n prominent
New York financlnl institution stated
recently : j
"The commodity liquidation which
appears to have gotten under way In
somo quarters may lighten the burden
upon the bimks, and It may be that the
worst of the credit strain has now
been seen. But prediction proves diffi
cult because of the large number of fac
tors that enter. The nutumn always
brings nddltionnl demands for credit to
move the cr8TR The banks will doubt
less continue for n time to be called
upon to finance our export excesses.
Any indiscriminate calling of loans or
refusal to renew loaus Is out of the
question : "deflation" at the cost of
essentlnl production Is not desirable.
That part of prceut bank loans due to
transportation tie-ups cannot be re
duced without damage unless nnd until
the railroad congestion is relieved, nnd
though some relief may shortly appear,
permanent betterment can come only
from more labor and more equipment
the Inst not n very near probability.
"That part of bank loans duo to
purchase of Liberty l?onds cannot le
reduced without Iniurv to individuals
until people take more seriously thrV
need of saving nnd paying for the
bonds which they are still allowing the
banks to carry for them. Thnt part
due to certificates of indebtedness can
not be reduced until the government's
revenues exceed expenditures enough to
give a surplus to redeem the certificates
again not n very near probability.
Finally, thnt part of loans due to the
financing of European export trade by
bank credits cannot be reduced without
bringing a halt to our excess exports,
until people here realize the necessity
nnd the ndvantnge of funding these
credits in long-term Investment securi
ties, or until trade so reverses itself
that our imports begin to exceed our
the certificates of Indebtedness and ot
the currency and,crcd t,at present oui
standing against tb'ems'nnd if this were
effected, not by levying still greater
taxes In order to pay off this floating
debt, but by government economy that
Would leave n surnluH from present
taxes to enable stieh debt to be paid
oft". Hitch a step would also greatly re
lieve tho present, credit strain."
Liverpool Cotton
Liverpool, May 81. Cotton, spot Mow :
prices lilcher. O004 middling. 29.38 s
fully middling, 58.08: middling. 26.88!
low middling, 2T3.53S good ordinary.
20.33; ordinary, 19.33. SaleB yer 3000
Kiles. Including 2700 balea American.
Receipts wcro 12.000 bales. Includln
6000 bales American. Kulure. closed'
very steady. May, 25.35: July, 24.65;
October, 23.88 s January, 22.83; March,
22,12 ; May (1921J 81.62.
London Money Market
London. May 31. Bar stiver. 6
per ounce. Money, 5i per cent
count rates, short bills. 6 per c
months' bills. 6i6 13-16
HOM
E OF FACTORY
T
OPERATOR BOMBED
Waterbury House Damaged at
Night During Striko of
10,000 Employes
EXPLOSION
HEARD
A MILE
three
cent.
per
nosslbil-
exports again a very distant pi
ity. it wouia grenny relieve tne pres
ent situation if the government could
orrnnco for the gradual retirement of
Prices Declined on Pari Bourse
rnrli, May 31. Prices declined on the
Bourse today. Three per cent rentes
were quoted at B9fr COo; exchange on
London, 49fr 85c; fi per cent loan. 87ff
90c, The dollar waa quoted at 12fr 80c.
LAY CORNERSTONE
Beth Sholom , Congregation Hold
Service on Now Synagogue Site
The cornerstone for the synagogue
nnd community center building of the
Beth Sholom Congregntlon was laid
this afternoon at Broad nnd Courtland
streets nnd Belfield avenue.
Dr. l'cllx Adler, president of Dropsle
College, was honorary chairman.
Speakers Included Itnbbl Mortimer
,T, Cohen, recently chosen leader
of the congregation; D. J. Lefferty,
president of the Logan Improvement
Association, and Joseph L. Kun. for
mer deputy attorney general of Penn
)lraula. A banquet "111 be tendered to Itnbbl
Cohen tonight nt Mercantile Hall.
Toasts will be responded to by Itnbbl B.
L. Levlnthal, leading orthodox rabbi
af Philadelphia; Rabbi Max D. Klein,
Jacob Billlkopf. director of the Fed'
erntion of Jewish Charities and former
ly executive director of the Xntional
Jewish War Relief Drive; Rabbi Mor
timer J. Cohen and others.
The synagogue to be built in Logan
is planned ns n Jewish communal center
for Jewry of North Philadelphia, Lo
guu. Fern Rr t nnd vicinity. It will
include, iu addition to the portions de
voted to religious service, classrooms,
nsembly hall, gymnasium and swim
ming pool and the like.
By the Associated Press
WA(rburr. Conn., May M. A bomb
exploded shortly before mhinlghl last
night in front of tho home of John II.
rIwS' sftrc,'ary .nnd WMuwr of the
13. Scovlll Manufacturing Co., of this
city, J
The front veranda of the house was
damaged and n number nf windows
Shattered, but no ono was injured. 'Her
eral guests of a daughter of Mrs. Gos.s
were In the house nt tho time.
Mr. Goss said later that the guest
nnd members of his family had retired
when the explosion occurred. He Im
mediately looked from an upper window
after the smoke had cleared away, but
sow no one on the ground, ho told the
police. He said he had received na
threatening letters.
The oxntosloti was henrd In the down
town Bcctton, about n mite from the Gos-
- ? j . A"t6mob,1, ,0.d(' o( Policemen
and detectives we.re rushed to the sceno
rrfct vAMrlUT tt.lV ), ''fifie'' hiti nn'.
patently was pet off after bclng placed
In it hole cut Into the woodwork of the
veranda. No arrests were made,
About 8000 employed oftho Scovlll
Co. have been on striKO lor some time.
Tho imlbMir nf unskilled workers. I.CV-
ernl weeks ago, took, n number froin the
plant, nnd the itrlke of machinists
ten daya ago added to Mint jiumbtr. Es
timates Inst week nlaced tho totnl on
strlke-ln tho various factories in this city
at moro Minn 10.00O.
FOOD PRICES STILL RISE
Coata In Philadelphia Up 1 Per Cent
In May
Food prices are still golm?. up. In
this city May prices were 1 per cent
hlghef than April prices, according to
figures of the Bureau of Labor Statis
tics of tho Department of Labor at
"Washington Prevailing prices were 14
per cent higher than they were the
same month a year ago nnd 111 per
cent higher than they were during 1018.
Tho figures given out were for four
cities. New York, Baltimore. Phllndel
phln and Washington. In Baltimore tho
May prices were 2 pen cent higher than
the April prices, 10 per cent higher than
prices In May b year ago and 117 per
cent higher than the average, for the
jonr ot juiii.
In New York the May prices were 1
per cent higher than the April prices,
in ner cent higher than tho price In
May a year ago nnd 111 per ccnt,hlgher
than prices in win.
In 'Washington tho May prices were
1 per cent higher thnn the prices In
April. 11 per cent higher thnn tho prices
In May a year ago and 115 per cent
higher than for the year 101.1.
.STHA MnOAT NOTirES
TK.MnnAT NOTirrs
STEAMnOAT NOTirrs
(Which are the best for Con
servative Investment and
Profit?
New 7 R. R. Bonds
Old k?c R. R.Bondj
Comparative atudy sent on request
Mutual
Understanding
Confidence is just that. And the results are twofold.
Help us to know you better and you get our confidence in
return.
The close co-operation between your bank and your busi
ness is the kind that makes progress easier.
National
Bank of Commerce
713 Chestnut Street
s
PHILADELPHIA
Natluin T. Folwcll, President
STEAMSHIP NOTICES
STEAMSHIP NOTICES
BERMUDA
aF Only 2 Days Sail from New York Jk WL
A
MARTIN & CO.
I
1411 WALNUT ST.
PHILADELPHIA
tr
NEWBURGER,
HENDERSON & LOEB
Members New York ani
Philadelphia Stock Exchanges
1410 Chestnut St
FINANCIAL
POCAHONTAS CONSOLIDATED COL
LIERIES COMPANY, INCORPORATED
riftx-Vfar VU Per Crn. (.old nond..
Notlc ! hereby Hven. pu-stMnt tn th
tsrmi of th Mortem dated Jui 1st 1007,
tht th undenlmed. an Trut-e. will re
reive pealed proponals up to 3 u p in on
the 8th day of June 192U. fur the ale
to it of .bond mb abovo d-ecrlbed. lufflcttiu
to um the aum of IS4, 111 81. The under
alrned reserve! the rliht 10 reject ny or all
tndnrr.
THE NEW TORK TRUST COMPANT.
Truatee. By B. O CCUTd, Secretary.
New Yorlf. May 10 l'tSQ. 1
e1 , j
SpffUl Meeting
fKHTUE blXTII NATIONAL BANK
fcS? I'hllaMelphla, May 3. 1010
In accordance with a ltesolution of tbe
Tloird of Directors of the abuve Bank, a
pedal meetitiB of the stockholders will be
held at the Bankln: House at noon on June
S. 1920. to vote for or against the Increase
..f the capital stock tit the Hank from
iibo.ooo to jaoo.ooo.
WILLIAM SALTER. 1
Cashier
WILSON LINE
Chester
WILMINGTON
-Pennsgrove
This is the ideal season for a trip down the historic Delaware the beautiful parks
around Wilmington ore most attactive at this ieason of the year, and tho old Brandy
wine offers exceptional opportunities for picnic parties, boating and fishing.
BIG IRON AND STEEL STEAMERS
City of Philadelphia City of Wilmington City of Camden City of Chester
will lenve at convenient hours from Chestnut Street wharf. Special trips have been
arranged for the holidays, so that the patrons can plan for full day's pleasure and
return by moonlight.
SUMMER SCHEDULE (Effective May 29th)
e ATI TDn AYQ,nAVf; i'iiii.ada. 'tjo. o.oo. n.ao, 1.30, e.i.oo, 4.10, o.oo, 7.00, 8.30, o.io
5 VJIMV, I J LEAVE WTLMINOTON '7.30. O.OO, 11.00, 1.30, 3.00, 4. IB, O.OO, 7.00, 8.30, 0.30
nnt H Memorial llav ,'r" PMiniin. '7.30, 'n.oo. 10 jo, 12.00. uo, 3.oo,4.irf, 0.00,7.00, s.30 A o.30 p.m.
.JUli;. a intuitu iui uaj ,, , r wilmlnBlon 7JO, '0.00. 10.30, '12.00, 1-10, 3.00, 4.15, '0.00, 7.00, '8.30 A. 0.30 P ,M.
DAILY LEAVBVILMINaTON T30' 0,00, ''l'0' I'30- ,3-0. & 'O-00' t'W "nl D.30P.BI.
"Stops Pemtgtovt. All Boaii Stop el Chester
holt
10c.
ball
lOr.
tjiopt i CTfrugrtrvv. nil uqbii .jivp ui i.niir
. SUNDAYS & HOLIDAYS to Wilmington a rENNSonovE simle fare. ot 1
Lnl-rvne au"UA,a nUL,U" Htule. Me. TO CHESTER Slnile. SOci half Uncle. 10
rVcLLGS. DAII Y flnrlurl Snhifrlflvs TO WILMINGTON PENNSOROVE Slnile, JMt I
a't.wbvoi uil.i 1nc1ua. oaturaays; ttu, JS.. to Chester sinie. iboi half simle.
y A Uaya
V-b-ir Ideal for Your
summer Vacation
C
&
QMtterlnr rrvstnl rnves. marvelnim hi. iraritna.
Multi-colored Ash. u dellehtful twn.i1nv varhtinr
cruise, boatlnir. bathlnc. cvcllnn. drlvlnz. tennis, rolf
All tnesa and many more are among the
ok jiermuna,
11 thftSA
' pleasures and aeiiums
and danclnir.
Bermuda Is Cooled by Ocean Breezes
(average summer temperature 79 deereM)
SUMMER VACATION TOURS
Effective June 1st. 1020
(IneludlneT steamer, hotel and many Interestlnc side trips)
8 Days $87.00 9 Days $9 1.50
and upward, according to hotel and ileamer accommodation
No Passports Required for Bermuda
e S. S. "FORT HAMILTON"
Salllns from ILmy Tork eery ten daya
,pn alternate Wednesdajs and
cmurania. rng mr ue
scrlntlve literature to
FURNESS BERMUDA LINE
rurna House.
31 Whitehall Street,
New Turk jA
3"
STEAMSHIP NOTICES
STE.VMSHIP NOTICES
STEAMSIIir NOTICES
nWldenrt
At n rrcular meetlne of the Board of Di
rectors held Pr'dm May ai 1030. dll-
nnq 01 - per i-eni s neriareo payapie on
the preferred strwk to full paid holders of
,reor June 1. 1020. i'hrk m iw. mailed
fn June.
' VNITED A I 'TO STORE?. INC
T
Prf.rminT
POK HALE
The Superintendent of I'ublle Grounds and
Pulldlnas offers for sule tntv ne C'.M
Hteel Krames for Naah-rjuail Trucks h''h
ran be seen M culllnu at the stnracn shed of
th. State Hld.uay Department loesi,i
the vlelnlty of the Pute Arsenal riulldlns,
at lath and Ii- rr streets Harrlshurs Pa.
Bids Will t- reeelve.l at the (ifflce of the
Buperlntendert of Publlr tirounds and Build
lns. Harrleouri: pa In wrltlm. for the
same until June 8th. I Mil,
The rlfiiit Is reserved to reject any or all
pi as.
ny order of
Till
IfB BOARD OP COMMIHRTONKnq OP
PUBLIC OltnCNDH AND Bt'Il.DIN03.
T W Templeton Huperlntendent.
L. W Mitchell Kecretary
rROrOHAI.') FOR ROAD MORK AND
DRAINAGE
Seated bids will b reenci until ; p M,
June 51st, 1MO. nnd th'n onenert, fi.r ap.
proximately Three Mile Roads with concrete
ulverts and aleo Severase and Dralnsite
System at this ulsnt Most of materlsl and
equipment -furnished Plana and sperlllca.
tlnna may bo obtained by applying- to this
efflee,
Coastructinr Quartermaster,
l" H Nitrate Plant No 2,
MPSf I.V SMOAI.S ALA.
pnoroKALs ion rov.sTRiTTinN
Sealed bids will lie reieited t this office
until June) 21st. 1DJO, and then opened, for
lmproemenu of nuarry. i-oinprlslnc appro.
Imstely fuui miles railroad crusher plant,
steraxe bins, houslna and seuaue disposal.
Most of malerlsl and equipment furnished
Pisna and epeclncatlons maj be obtained
from this omce
Constructlnnr Quartermaster
U f Nitrate Plant No 2,
Ml'HCI i: SIIOALH. ALA.
VnnPOHALS FOR TRANSMISSION
Ifeaieq oius win ie receiveu until i'
LINK
P M
Jnne Slat, 1020, and then opened, for con
struction ot Transmission Line between
Plt.ita Nee. I and 3. approximately four
exiles.. Most of msterlal and equipment
furnlsbed. Plans and specification may be
UtUN Jy applylnc at this oSlce.
Constructing Quartermaster.
U, fl. Nitrate Plant No. 3.
MUSCLE BIIOALU. ALA.
PKOrOMLH MECHANICAL
Peeled hid will be received until 3 P. M,
Jane list, lOtO. and then opened, for addi
tions and alterations to the mechanical
auipmsnt at ini piani. iiana ami specm
alio may oetainea rrom mi omce.
Mite may
T ril
rinntrurtln Qurlrniitr.
LT. 8. Nttmtft I'lHitt No 2,
ilUbCLE bUOALti. AU.V.
INTERNATIONAL MERCANTILE MARINE CO.
AMERICAN LINE
GREAT WHITE FLEET
Cruises, 15 to 23 days. Two
thirds of the time at sea. Cool
days afloat; quaint sights ashore
in the West Indies, Central and
South America.
Tho finest ships In regular cruise ser
vice. Single bertha and beds sold in
rooms with private bth; cabins ar
ranged singly or en suite. A la carte
dining oervico Included In ticket fare.
Ask your local ticket or tourist agent or
write direct for beautifully illustrated
folder.
United Fruit Co.
Central Offices t
111 State SMSoun,Mj.
STEAMSHIP SERViai
afJJresst
Pauenftr Department
17Btryt,U1NcwYorW
erJPUffiw
GREAT "WHITE FLEET
N. V. Cherbourg Southampton
Philadelphia . . . . June UlJnly lOJAtir. 7
New York June 10 July 17 vt. 1
St. raul June2ejuly24lAuc 21
NEW YORK HAMIIURU
Manchuria June lOIJiUr 31l!ept. 11
Montolla July b!Anr. ItlSept. 23
PHILADELPHIA LIVERPOOL
Reslna Jane 10
West Celeron JuneSS
UaTerford July 10
PHILADELrillA GLASGOW
Galahad ..., June S
Eastern Bea June 28
PHILADELPHIA HAMHURO
rtellernse June ft
West Ekonk June IS
A Steamer June 28
RED STAR LINE
N. Y. SOUTHAMPTON ANTWERP
Kronnland June OlJaly IOIAuk. 14
Lapland Jnne 1'JIJuly 17'Auc 21
Flnlnnd June 10July 21 Au. 2K
Zeelnnd July 31 Sept. 4
PHILADELTniA ANTWERP
Nereler June S
Wathena June 10
West Tnrook Jnne It
West Cherow Jnne Ifl
Wynoorhe , June 20
Patienrtr Office, 1319 Walnot St., Phila.
WHITE STAR LINE
" Y. CherbonraT Southampton
Adrl"' July 8An. llSept. IS
Olrmvlo Jolr 8lAu.4lAur.28
N. Y. QCEENSTOWN LIVERPOOL
H'0 June IDlJuly 24lAor. 2
n"'" June28JuIySlSept. 4
Mohlje .... .July 10Aut;. lliSent. 18
Pormerly Cleveland.
NEW YORK AZORES
mim,wAU NAPLES OENOA
Julys
July 20
Canople
Cretlo
ATLANTIC TRANSPORT LINE
PHILADELPHIA LONDON
Wauconda Jnn, ,
HOLLAND. AMERICA LINE
PHILADELPHIA ROTTERDAM
r':uk June 10
Freight Office, 405-414 Bourie Bldf., Phil.
Philadelphia
to
Scandinavian Ports
Christiania,
Gothenburg,
Copenhagen
Regular Service
U. S. SMppinf Board Slcel Stetmtri
SS "FORT ARMSTRONC-.Lo.dim
SS "ORONOKE"...Juno IS
A Steamer July 10
(From Pitt 78, South Wharvtt)
The Charles T. Magee Co.
Agents lor U. S. Shipping Board
Drexel Building
PHILADELPHIA
Bell Lombard S100
Boston to Liverpool
Hr-MeleTWcVttshJwtaocetw
S.& Fort Victoria
WEDNESDAY, JUNE 23
JULY 28, SEPT. 1, OCT. 6
rtrst CM Paaienter Only
Wot rate and full particulars apply
FURNESB-WARnEN UNE
FURNESS. WITHY A CO., Ltd.
Furies llpuM, Whitehall St.. N.
or aoV TOURIST AOENOI
T.
EARN-LINE
Incorporated 1801
U. S. Shipping Board Steel Steamers
General Cargo
.Regular Service
Philadelphia Manchester
SS "De$ Moinei Bridge". June 25
Philadelphia Havana
SS "Lake Fluvanna". . .Sailed
SS "LakeGalera"L. . .June 15
For rates and particulars apply to
Earn-Line Steamship Co.
139 South Fourth St.
PHILADELPHIA, PA.
YOKOHAMA AND KOBE"
S. S. BRAZIL MARU
Late Juno Loading
FRANK WATERHOUSE & CO.
Agents
470 Bourta Building
Tejephone Lombard 5514
THE NATIONAL BANK OF
NORTH PHILADELPHIA
(Organizing) (.
Capital $500,000.00 Surplus $100,000.00
Undivided ProfiU, $25,000.00 '
STOCK $126.00 PER SHARE s
TO THE CITIZENS OF NORTH PHILADELPHIA
North Philadelphia . A city In Huelf, ef larae population nnd 1mm...
btijIneM Interest, hut It I w lliotit A NATIONAL baiik. II ha iSJm!S
within It territory orer 380 larire Inil.ittrle., many of "XlVh ar nnt,ar?fc.2
r'arMatloni? """ "'"h'n raf,""' ' "e """ ' ""teWf
. .,'.,:&'VA.'T,0NAT''nAfK OP NORTH (PHILADELPHIA I In he lee.l.j
at 3701 Nnrtli illro.rt Street. yUht In the heart of this fa.t BrowlnaV hfi..?
community of uontlerful opportunity. arrowins; huslnejj
uiiim.M. vnun UU.MAIITTEE
ALFRED WOLSTENnOLMB
President Alfred Wolstenholme & Son
Worsted Yarn"
,WM. A. IICILPJIII
Prcslttent Melalforrrt Tool and
StRmplnif CO.
S. JONES PHILIPS
President American rtoHd Mch. Co.
CHAH. W. IlUETUn
PrMldant Tlofe Trust Co.
President Home Circle B. & U Assn.
EDWARD L. niCHin
Treasurer S. I Allen A Co., Inc.
Mrs;. Agricultural Implements
WARrtE.V V, BUZBV
Treasurer Keystone Lubricating Co.
HENRY O. URHM
. . 0)MT Hull A Co.
Wholesale Carpets. Rugs & Mattlnrs
t JOSEPIt C. WELSH
Atlantic loo and Coal Co.
E. r. SCHLICHTER
President K F. Sclillchter Co.
Silos and Wooden Tnnks
WILBUR H. ZIMBRMAN
President Tlog-a Business Men's Assn.
President Homo Life Bulieintr Assn.
II. K. ROESSLER. M. D.
.St, Luke's Hospital
JOHN SHEAHAN. JR.
Trucking: and Forwarding -
ROBERT U BURNS
Retired
A NATIONAL Bank In such a
named can nnd w III he mmio nn
dividend producer nnd tin Institution of which not only
r""! ,-,, l1 J" Ilea, V 1 1 U'J flUUU.
Do Yoa With to Be Identified With Snch a Bank as a Stockholder?
H 3'u are Interested communicate with any member of the Oreanlta.
tlon Commltteo ahovo named. ' a
CHAS. W. RUETER, Chairman, 1703 TIor Si.
HERBERT, E. WE1T7.EL
Weltzel Lumber Co.
Trcaa' C.Jtri11 TlOffa B. A,U Ann
, , FRANK C. SOMMlin
rre,.dentoWakeneMiLKn,tth,r m.Us
OUbert ornissnMerchants
Builder
SAMUEL U CHEW
President Preparedness B. & L Afsn
Mf sunt, i'nhllo KChooll. rhlla?'
DR IP. STRITTMATTER
099 N. 6th Street
CHARLES TEMKOVITS
Stenton Parle Dairies
, JOHN O. MUtR
Formerly Csehter U. S. Sub-Treasurv
Captain U. S. Marino Corps, Retired
CHARLES 13. HEURY. ESQ.
Attorney-at-Lnw. Philadelphia Bar
Trustco Temple University
, , O. M. WEBER
"reside" O M, Weber Co.. Mlllwork
W HAROLD FOSTER
Kirk, Foster & Co.
li"'p.i,. (irociTH nnd Impnrters
WILLIAM fi RIEDOEN
Real Estate
Secretary Bid, and Loan Anene
OE6ROE J.-CRI'MBtK I
Crumble Brothers, Drug-cists
HOLLKSWOLSTfcNHOLME
Alfred Wolstenholme & Son
THOMAS W. BEVAN
Representative Scrlbner & Sons
community nnd under tli in.ni...
of the AtronRest In the city: a hi
JSorth Phlladel-
" awaiqqaTJ
OCBHSBBBLULJJUagiM
8518
ALL I'KltsnNH ARE IIERErfY
acsinei narporintr or
crew of the llrlt sli H
Kntlanu Thuinss
Harry
of their
onnirs
HARRIS. MAW
IEITV OAIITIONKD
fl. "Porta." from
mmmtmr. nn ALt.
rontractlna-, vrlU he paid ' fcyM hi
sier, ronsiKTiee orr Dy
MA1MI.I, CO.. agint.
iSS hiUttits Olds.. Phlla.
wmmxmmwusmimf
RV fsmtiisffir.uwirT
Faith and
a Vision
r
Bell Telephone
Laurcnttdo Power
Canada Cement
Cedars Rapids Power
Nova Scotia Steel
of Canada's future caused us during the past
fifteen years first tarpurchase and then to dis
tribute among our clients entire issues of mort
gage securities of more than forty large Cana
dian Corporations, including:
Canadian Car & Foundry
Abltlbl Power and Paper
Steel of Canada
Rlordon Pulp and Paper
Canadian Cottons
They have all yielded steady incomes ranging
from 5 to 8. In many cases, they have ap
preciated largely in principal value since their
issue.
If you arc, or may be. Interested In Canadian securities,
write us for a list of offerings. Address! gs
AGENCY OF
Royal Securities
EL
CORPORATION
(CANADA)
LIMIT E-D
165 BROADWAY NEW YORK
ZSSI
Liberty Bonds
bought today yield
from 5 to over
pVURING the war the attraction of
' Liberty Bonds was chiefly their
maximum safety. To that is now
added high yield. Liberty Bonds
may now be had at a price to yield
from 5 to over 6.
We are always at your servicuin the
buying or selling of Liberty Bonds.
GEOWKENDRICK3rf ff CO.
'7?3jyM(2rs
Id3t WALNUT ST.' v--, PHILADELPHIA-
Member New York and Phila
delphia Stock Eichnnie
w
Telephone I Bell Sprue M20
Keystone Race 1188
An Income Every Month
From Carefully Selected Securities
This I tho Time to Save and Invest Your Money
$1,940.62 will give you $140.00 per year
Monthly Payments.
Wo havo selected a
$500 3-Year 7 Equipment Bond
500 in shares of an 8 Preferred Stock
BOO 5-Year 7 Secured Note
500 In a 8 Bond due 1931
A return of about 7.21 on Money Invested.
These Securities are callable at prices that would
brine $2092.50.
A-AcKiE-qCo.
Inveitmtnt Bankers
Member Philadelphia Stock Exchange
Real Estate Trust Dldg.
GEO. A. HUHN & SONS
hTOCKS ANII RONDS
Member of the Philadelphia. New
York and Chlraso HleeU Kirhante
New York Cotton Kiehunt
'Commission Orders Executed In
' All the Principal Markets
' IHSLLKYPR COURT RLDO.
HIS Walnut Ht.
NEW TORK OFFICE
lit llroadrrar. New lork
Philadelphia, Pa.
Workmen's Compeniationaoi'
Automobile Insurance
At Actual Cot
LIBERTY MUTUAL INSURANCE
COMPANY
K Sooth Fiftcfuh Sum! yUlwMp""-
Stockwell, Wilson & Linvil
Certified Public AccoiwtanW
Land Title Bldg., Pbiladelpb ,
N
Til
4"
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