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EVfrNI&G PUBLIC LEDOBRmitiAELProf'MtJRStoAY JULWfr 1920' r
.V
The Best Free
. Book for Wall
Street Traders
It clearly explains:
The General Rules of
Trading.
How to Give n Broker
Instructions.
Brokers' Commission
Charges.
How to Indorse n Stock
Certificate.
How to Uno Collateral
j'n Trading.
How to Group Invest
ments, v
The Deposit Requirements
for Carrying Stocks on
Account.
The Rights of Stock nnd
Dond Holders, etc.
Edition limited. Call,
phone or write at once.
Ask for No. T. U.-921
MILLERS INSPECT
ranpiB
Southwestern Flourmon, Horo,
May Mako City Chief
Export Center
vclopmcnt of Philadelphia, consisted of
the following:
' Captain Charles T. Magco, "chairman
of the Mayor's committee on tho allo
cution of more Milnn : Olenree P. Wilson.
rommlsiloncr of transportation. Cham
I ber of Commerce: Alba It. Johnson,
cnainnan or tho Mayor s committee on
the development of the Holt Lino Hall
tond: J. 8. W. Holton, chairman of
the Mayor' committee on the perfection
of port facilities: .1. XV. Ilawlo, chair
man of the Industrial committee, Cham
ber of Commerce: C. Herbert Itell,
president of the Commercial Exchange
of Philadelphia s II. D. Irwin, vice pre
Idrnt United States Grain Corporation;
Hiimsey XV. Scott, vice president of the
IMPRESSED BY LOADING ft! S? aiAZZ !&? S.Tt
the commercial service department of
JONES & BAKER
Sptcidiistt m New l"crk
Cure Market Securities
Widener Bid., Philadelphia
Phones Bell, Locust 4730
Keystone, Race 2290
Offices in 9 Principal Cities
Direct Private Wiret
A committee representing the Smith
western Millers' League is In Philadel
phia today Inspecting the port .with a
view of mnklng Philadelphia tho chief
export center of the league.
The committee Is making an Inspec
tion of nil the Atlantic and Gulf ports,
' and whatever action Is taken by tho
i Southwestern Millers' League probably
wl'l be followed by the Northwestern
I Millers' Associated,
i Members of the committee were par
ticularly Interested In the loading fa
I cilltlcs here and were greatly impressed
! with the fnrllltlcs provided of loading
ships direct front freight cargoes, with
I out lighterage and other delays.
Explained by Moses
The purpose of the Inspection was ex
plained this afternoon by Chairman
i Mocs. of Kansas City, chairman of
I the committee.
I lie pointed o'ut that during the war
, tho American millers lost virtually nil
I of tht'lr export flour trade, and that they
, arc now hampered in regaining for
eign trade due to the high freight rutcs
i clmrced by nliin operators.
The millers want to concentrate their
I t-hlpim'tit through one port on the At
lantic coast, and one Gulf port. Tlicy
' desire installation of sncelal nacKace-
I loading equipment that would reduce
the cost at the port, They could men
induce the ship operators to bring down
I the freight rates.
Mr. Moses said that the millers would
he billing to ship their Hour to Phila
delphia for export provided mechanical
equipment, Mich as is used for wheat,
coal and ore, is installed.
"The city will meet you more than
half wuv un th.U proposition," Ulrec
tor Sproute, of Wharves, Docks and
Ferries, told the millers. He guaranteed
the Installation of spociul tlour-loadlng
mnchln, ry provided the millers would
give assurance of sufficient flour ship
ments. The other members of the visiting
committee arc C. M. .Inckson, Wichita,
Kan.: Theodore Ismert. Kansas City:
(iilhert Humphrey I",l Ileno. Oklo. : XV.
I.. Sparks. Terro Haute, Ind. : H. C
Spear. Columbus.- n : C. 51. Cochran.
Ituffulo. N. Y. ; '1'. Thatcher. Oklohonm
City: It. J. Itothwell. ltoston, and F.
II. Price. New York
II. XV. llrnwn, chairman of the port
development committee of the Flour
Club: Hubert .1, llonui. chairmau of
the Hour committee of the Commercial
Kxehangc, and Carroll Downs, head of
the commercial service department of
the Philadelphia National Hank, were
! the reception committee.
, The party proceeded to Pier No. 1",
I North Wharves, where the harbor boat
I M S. Quay hod been placed at the dls
I posal of the committee bv the board of
OSS" to Tin: holders or WEiisTER r3ommi,sslo""fs ? "viwtion. l) rec or
Coul il Coke Company Consoll' Sproulc met the committee at this
dated First Mortgage no l"cr cent tioid noint and the Quay proceeded north to
"nOTICB 1, hereby given, pursuant to 10rt Kchmf"j' "T ,nT,tiRn.).n
Article Kourth of the Consolidated I n-J? ""' made at Pier "A nnd Pier "C"
Mortgage, dated March 1st 1002 .ecurln" of the Philadelphia S. Reading Railway
rf July. t0?e. it twelve o'clock Noon i c0
nooni 41S btephen Ulrard IlullOlntr. I'hllu. !
delpnia. rnniui. -i"ri iii vt a meet
Ina of the holders of the uutitnnding bond,
".u'u ii '".' V.V,V. f. .K.".-y.noil.
IE I ALMOST
AT ASTANDSTILL
Notwithstanding Restricting In-
fluoncos Tone of General
List Was Strong
1 SS
It
VIA COE.OH"
ITAms two viorAa transmitted frw
iharoe 6 any Telegraph Co.l
John L. Jlerrlll. rrraldeot
DIRECT ROCTF. TO
CENTRAL and SOUTH AMERICA
U Uioad DU. aatk
C
FINANCIAL
fipeclal Meetlno
dated rirsi .urmno ior ine purpos of
otlni on the proposed releaso from the Hen
and operation ot said mprtyajt. ot th, j
lowinc parci u .uu iiuu in saia rnort
cats! Threa tracts or parcels of surface In Sum.
erhlll Tornshlp. Cambria County Pen's,
rlvanla. agirretstlnic about 310 acres S
torches, proposed to be sold to Conrad
jvnderoth.
Twenty-elsht traits or pnrc-ls of coal
situate In Cambria. Croyle and Summerni 1
Townships. Cambria County, PennsyWiai"
imeBatlng about 3107 acres and tta
perches, -with 07 acres and 2!i perches iTt
surface, proposed to be sold to the ilw.
Coal Company. ""
Hiht tiacts i or parcels of eoal situate In
Bummerhlll. Portage and llunster Town.
nips, usmpria jouniy. i-ennsiunia uc
CAmbrla. uouniy i-ennsjivanla. nnfresatlni
fn equal acreage
WEIISTIZK COAL AND rKB COMVAKX
By A O EDWARDS.
Secretary and Treasurer.
, Dated New York June IS 1920.
Other Wiarve Visited
From there the party proceeded to
Pier No. J2, North Wharves, and then
to Pier No. 10. North Wharves. Mu
nicipal Pier, then to Pier No. 11. North
Wharves, nt Cherry street and then to
Municipal Piers No. JiS nnd 40. South
Wharves. The next stop was the new
Municipal Pier No. 78, South Wharves,
after which the party visited the army
supply ba-e piers nt the foot of Oregon
avenue. ItufXct luncheon was nerved on
board the Quay.
Director Sproule placed before the
committee all the information nt his
command rcRnrdinif pier and dock fa
cilities. The parn representing dif
ferent interests fnxnrablc to the port dc-
the i'lillndelnhla. National Hank : Dan
lei J. Murphy; the flour, committee of
the Commercial Exchanie. of which
Hubert T. Horan is chairman, the other
members Including- Charles II. Stone,
(leorge Selbert, 8ydncy D. Conwcll and
Fred D. Halter; and the port develop
ment commlttco of the Flour Club, of
which Mr. Hrown is chairman, the other
members Including ,T, XV. C'rnlR, C. C.
Kraser and William J. Rardon.
The visitors will leave Philadelphia
tomorrow,
INDICT OIL STOCK BROKERS
New York Firm Accused of Uslnfl
Mails to Defraud
New York. .Tnlytl. (lly A. P.) The
federal crnml Jury which last week In
dicted fourteen concerns and fifty indi
viduals in connection with n "nation
wide round-up" o(, alleged fraudulent
oil promoters, today indicted Ilium,
Reynolds Co., New York brokers, on
charges of using the malls to defraud In
vestors in the stock of the Henderson
Pnrm Oil Co.. of Delaware.
The indictment charges that the de
fendants faNelj represented that the
company was firmly established as n
producer nssured of earnings available
for payment of dividends.
BIG IRON MILLSCLOSED.
Penn Corporation Refuses Wage De
mand and 200 Men Quit Work
lancasttr, Pa.. July 1. The big
mills of the Penn Iron nnd Steel Cor
poration were closed down tight today,
following failure of the company and
the employes to reach a wage ngrcement.
More than 200 men are idlo as result.
The men refused to accept a wage of
$14.50 q, ton for piiddlers. which is the
highest ever offered In the history of
the county. Finishers were offered nu
increase of 5 per cent and that was not
nnrelilpi!.
John r. nteinmnu. uee president of
the concern, snid thnt production costs
would go higher if more was offered to
the men. nnd that tnda's offer was the
very highest he could make.
DIVIDENDS DECLARED
Columbia Oraphophone Factories Corpora
tion, quarterly of 12 on preferred, payable
August 1 to stock of rerord July in.
Hnrt Schaffnr A Marx quarterly nf I
per cent on common, nv able August 31
to stock of rerord August 20
National Licorice Co .in extra 2 per
cent and quarterly of 2W v-r cent on com-
men. nnvable July 8
Philadelphia and Grass Kerrv Tassenger
Railway Co . semiannual of $2 payable
July 7 to stock of record June .10
Oreen ft Cnates Street Philadelphia Tos.
senger Hallway Co., quarterly of $1.30, pay
able July 7 to stork of record June 22.
Kentucky Securities Corporation, quar
terly of 1H per cent on preferred, payable
Julv IS to stock of record July S.
I)alson Chemlcnl Co.. II a. share pay
able August in to stock of record Julv 30.
Himh Terminal, semiannual of 24 per
rent cash 2W per cent stork on rommnn
and a pr cent on prererrefl. nil payable;
Jnli lr. in stock of record July 7
Hush Terminal Itul'dlng Co quarterly of i
$1 7.1. payablo Julv 1, I
Clilta Hertre Co monthly of 1102 cents
a share nn banker s shares paablc August
1 to slock of record Jub 1.1 i
Strch sales today on tho New York
exchange, as complied by the Evening
Sun, totaled 2(14,700 shares.
New York, .Tuly 1. The New York
Evening Sun's closing financial re
view today says:
The stock market came as near to
standing still today as It probably ever
has done. As nn Illustration of the
extreme dullness prevailing In a highly
rartfied prc-hollday atmosphere, It may
be stated that fifteen minutes elapsed
after the opening before the first sale
of Steel common was recorded. It
may also be stated that fewer than 40.
000 shares of stock wcro dealt in the
second hour of the session and fewer
than .10.000 shares In tho first hour of
the afternoon.
Of course, no Importance whatever
could be attached to such a performance,
nnd It wns no wonder, therefore, that
commission houses nnd the Street In,
general were virtually deserted so inr
as nctunl or potential purchasers of
stocks were concerned.
Tho flrst day of the new fiscal year
found call money renewing tit 10 per
cent, from which figure the loaning rate
advanced to 14 per cent. The govern
ment withdrew $70,000,000 from the
banks on top of withdrawals amount
ing to $14,000,000 on Tuesday last.
There were some $200,000,000 treasury
certirlcntes of indebtedness to tie re
tired nnd other financing to tnko care
of, although preparations had already
been mndo and the effect on the money
market nnd the stock market ns well
partially, if not wholly, discounted.
Notwithstanding these matters the
tone of iho stock list wns strong and
there were numerous outstanding fea
tures of strength' such ns the tobacco
nnd shipping groups, Amrrienn Kx
press. American Reet Sugar. Interna
tional Taper nnd Heplogle hleei. j no
steels, equipments "nnd motors only
nbout held their own, while the oils
wer Inclined to heaviness.
Movements in the list ns n whole
were Indeed a bit mixed within n nar
row range thnt is to say, whichever
way they leaned nt various periods they
itltifnately found their level at about
whorft thep'lcft off nt the Wednesday,
closing.
Tho Federal Reserve bulletin, re
viewing business nnd economic condi
tions, furnished some food for thought.
It wns not npparent that the raising of
the discount rate has had any material
effect as ycl in reducing borrowing, but
it seems to havo created a feeling that
care and caution must be exercised in
preparing applications for loans. There
is noted a lessened demand abroad for
American goods. The bulletin Btates
the belief that rising prices have becu
checked. Tho loan jind investment ac
counts of the reporting banks actually
Increased in June and current reports
from the Northwest Indicate a keen bor
rowing demand in that region.-
Tho transportation situation with re
spect to freight congestion shows im-
tAAVt A (V Ik ill A HaatHHnAlllan flsAfl If
iiiiiLiiiriiL in inn iiii'iiiiiiuii iuu it i iu a sa i .. .
, . -.-. ---."--- -, - ,- - - ItOHfUO . .
ia ucitcvca now ttint ino mrcaienea niiver ictmr
a.r.lrn cMiwlnlvl fnt Mrniilnv nrxt will I Tonopah p
. . . " 1- iTnnAruih
not materiallrc. "Tows developments,
In short, were favorable rather than
otherwise, although circumstances on
the eve of the Democratic nominations
nt San Francisco and a trlplo holiday
encouraged n waiting attitude with re
gard to market commitments.
Raw Sucjars Continue 8teady
New York, July 1. Tho market for
raw. sugars continues steady with local
refiners bolng tho principal buyers. Their
purchases yesterday and Tuesday, JuBt
reported, included BOOo bags Porto
Ittcos. due July 6, at J 8.31 cents, c If.;
10.000 bags Cubna July shipment at 17', 4
ctlrts, c. I. t nnd 1400 bags rerun afloat
at 16 cents, c. 1. f. Importations In
cluded 21,859 bags Cuban and 5000 bags
Porto nicos to the National Co. ; 17.380
bags Porto Itlcos to tho Warner Co. :
17,000 bags Cubns to the Fedcrnl Co..
and 3000 bags Porto lllcos nnd 1830
bags Nntnls to the Amorlcan "Co. The
local refined market remains unchanged
both as to conditions and prices. A Cls
patch from France states that the
French Government has doclded to
abandon the Idea of requisitioning the
crop of 1020-21, both domestic beet and
colonial cane.
LOCAL MINING STOCKS
TONOPAU STOCKS
Hid
Cash Hoy ., .,...,,,,,.., .0
Jim uutier
13
.05
.8
.10
:U
MacKamara ,
MscNamara Crescent ..,,.
Midway
Mltpah Eit ...i...
Montana
North Star . ..i
Ilescus Kulft ..i..........
Tonopsh Ext . .
West Knd '.
West Tonopah
DIVIDE STOCKS
Allied Divide .01
Alio Divine ..
nelchcr
Ilelcher Ext ..
Don Hur ....
Ilrough Divide
Divide Ext,,....
Divide Syndicate.
ft'
.01
.01
.02
.00
Panama coupon 2s, 1030..
Panama registered
fanama couDOn 2s
Panama registered
mi! !
1038....
1D3H..
GOVERNMENT BONDS
nid
100U
.100'i
.look
.100H
. 77
. 77
. 7R
. 7S
. 7fl
U H Govt coupon 2s 1980. . . ,100Vi
tl S Govt registered 2s, 1030.. tnoU
U S Oovt coupon At. 102.1. ...10114
U H UOV5 registered is, inz..iiMi
Dlst ot Columbia .".-0.1s. 1024.. 03
Panama coupon 3s. 10(11 . . . .
Philippine 4s, 1031
Panama registered 3s
Philippine 4s. insn
1001..
Philippine 4s. 103O
Divide Cons
Dividend.
East Divide
Harmlll .i,".,,.l'
Hasbrouck Divide
High Divide ...
nevert Divide ..
Iteno DIMde. ....
Ivlde ..
Tonopah. Hasbrouek
victory uivino ....
Verde Divide ....
Zone
.23
:i
.08
.01
l'
lot
.01 .
IA
,ns
.on
.02
.u
OOLDFIELD 6TOCKS
Atlanta 01
lllue Dull 01
Ilooth , 04
C O D 01
Combination Fraction 02
Crackerjack 08
Dlamondfleld B V ,01
Daisy ,, ,01
llorenco IS
(lotdfleld Cons 00
flolrlOeld Merirer
aoldfleld Development
Oreat liend
Jumlio Ext
Kewanas ,, ,,,,..,.. .
l.ono Star
Oro ,.i
rted Hills
Hllver Pick
01
.07
.01
.0,1
.ot
.0.1
.01
.01
.01
Spearhead 02
Ask
.07
A
.07
.10
.IB
.00
a
.02
.03
.04
.04
.02
.OS
.23
.02
.03
,115
.02
,M)
.04
.02
.0,1
.02
s
.03
.OS
.03
.13
.02
.02
.03
.M
.0.1
:oS
.08
.20
:JS
,(!H
.02
,nn
.02
.07
.02
.03
.07
.03
Philadelphia Markets
lbs. In sacks. Quiet but steady. Quotatlonil
Per 100 lbs., packed In 140-pound lute aacki
Soft winter straight, western. I12.BBO
12,75! do, do, nearby, $12.25012.70! hard
winter, straight, ll2.7BOia.6ui do, , jhor I Pat.
ont. 818.78014.50; spring nrst. clear, 111.30
012t do, patent, J18O18.701 do, , short pat
ent. 814 011.75! fancy spring and city mills
patent, family brands. 815.B0O10.40. Ilyo
flour, 112 18.23 ,
PROVISIONS Steadily held. Quotations!
Deef, In sets, smoked and alr-drled, 0101
beef knuckles and tenderf. amoked ana alr
dricd, 52C! Pork, jamlly, 47c hmf. 8.
P. cured, loose. 8088fll do, skinned, loose,
870890! do. do, smoked. a9O40ei hams,
boiled, boneless, B5ei plcnlo shoulders. B. P.
cured, loose. 23c: do. smoked, 24oi bellies.
In pickle, loose, 25o; breakfast bacon, OSes
lard, 22c. l
nUTTEH was Orm, Quotations follow!
Solid-packed creamery, raney. nign-scoring
II47SC1 rxirite, ,.i7ii;i w.
nrsts. oiscnoc; seconu.
ancy.
I print
70o for fancy and at 070870
amnnm. nn
firsts, nOHObSHo:
A K 6 A tfut a tar At (tfi
163Hci fair to good. BlOOOWc
firsts. siOABc: seconds,
ii
ci fair to good. Bionovscl
d8O70o for fancy and nt 0
or fair to choice. ,
kiiuh nrmiy neiu,
-Plrmlv held. Quotations follow!
. . BMi... flm .m IT. -W ri.,.111
nearby current receipts. 44044ttc: nearby
ordinary to fair. 41043c!. western extra,
firsts. 48ei western nrsts. 4204,10! seoonda
and poorer. SO041e: selected fresh eggs Job
hinn at nn0ASo per dozen.
CHEESE Fine stock was nrm. Tho
nuotatlons follow! New York stats,, whole
milk, flats, current make, best. 27W OWI
common to good,
2RV4cs single dairies,
pf rn
iff'ln Innahnrna. 2S0
i, 2RO20c; Jobbing sales
37oi do. light and mediums. 3Sssai v'
Ins; chickens, fahcy, yellow-skinned-, hot tjj
iiuiiin, nciaiiniK m v ids, apiece, CIS
,vu, ncntuins ivin iu, apiece, SSfii.
whits leghorns, broilers, weighing lu
rj- .rtArt-". :r-. ", m.m
w uw .im nti.if. a,, -rm
:.:--' -v, um, ?la
viu,
pitESSED POUIvrrtY Fowls.
lbs. apiece.
48c! old roosters.
aooi do, sprlnr. SB087et pigeoni,
Kr, uwojoi ao, young, iuc,
. . m
killed, dry-plcked. In boxes, weighing iftl
Ihs. intn. iSni .l.hln itt iv '"i1 'CM
weighing 8 lbs., 0BO87CI fowls, fr't.h.v
In , bblg,, dry-picked, welshing ia
apiece. 4ie; weigning n lbs., so 1
weighing 3 lbs., SlSOO.Ic. broilers, w.V,!'r
not Leghorns. 02vfl3c! some choice SmSU
ore. dry-nicked, southern. 2.tni2n, l??i-l
uuvm, xi.
I., 35c.
FIIE6II FIIUITS Oranges, per box It
.75. Grapefruit, Via,, per box. i'j!J
......... -a. ""Ji:- .i. i '.v:a. mu
Fla.. per car. $7500000. c,n!
weeiern, per niannaro. crate, if;
ntaloupei. southern, per flat .,'
Fttrawhsrrlea. TM.nuart t....1-1.1.'
tnnsylvanln., 211040c. IllackktM.
melons, Fla., per car,
inupes, i
05! car
fiiiu, oirawuflrn", per quart, jersey
N. b.. Per nuart, SSOJOe. OoosebcrrlMil
4"ih wvwi iiuvniflucrnw, per an..sl
2HO330. . Currants, per quart. IsK&l
llnsnbsrrles. Jersey, per nlnt. i.ti-..vl
VEaETABLES White potntoes snink.
per barrel No, 1. 31001! No. 2 and ?,TJ
!8CTt.bbJJ)-,t'u,hfrn' ."-'r 'iirrel-crsul
,ge. southe
9. Pennsyr
l-rriul
I1.BO03.7OI ao. Pennsylvania, per ImfrVi ,1
03: do, Jersey, per basket, $101,1.1 V'l
nrv gnd. "n3n- Ions, Tfxaa, per crate. iloWDUcs do. UtZI
lancy iidkt, '" ,.o..v., w--r-.
LIVE POUIiTOY Fowls,
JfrinJ
WHEAT rtecelpts. 20.083 'bushels. The
market waa nominal. Car lota In export
elevator: No. 1 red winter. $2.0503: No. 1
hard winter. $2.0508: No. 2 red winter,)
r..uivsi.VT, ;s-o. 2 bard winter, 2.u2(S2.7:
No. 3 red winter. $2.8002,04; No. 3 tard
wJSVfr- '2-RO02.O4; No, 4 red winter. $2.85
(2.00i No. 4 hnrd winter, $2.8.12.n0. No.
5 red winter, $2.IR2.R0; No. 5 hard win-
' $2.8102.80. Sample according to qual
ity. I'OUN Receipts. 1250 bushels. Dull and
easier. Wo quote, ns to quality and loca
tion, 'at $1.0802.02. tho latter, for No. 1
yellow.
OATS rtecelpts. 5247 bushels. Declined
lc. Car lots as to location: No. 1 white.
11.32(41.33: No. 2 white, tl. 8101. 32: No.
.1 white, $1.30(31.31; No. 4 white, $1,280
1.20.
FLOUn Ilecelpts, 733 bbls. nnd H74.130
Richard L. Wallace Plant
Designed nnd Equipped by
W. E. S. DYER
Mill Ertfineer
LAND TITLE BUILDING, PHILADELPHIA
Factories Mills Power Plants , Special Processes and Devices
Cloverseed
Toledo. 0 July 1 Cloverseed. prime,
cash. $25.tlB: October, $2.1.70 December.
124.70, Mslko. prime, cash, a.i 11 October
$2B.00: December. 12.1 85. Timothy. prlm
rash 1017. $5.50: 1018. $5.BO. IMP. $.1.70;
September. IB.B.li October. $.1 6.1. Septomber.
5.70, March, $8.00.
nursuant o resolu
Hoard of Directors
5E IO MOt'lUI(JLDi:itS OF THE PEN.
IsYLVAMA COAi. AND COKE COft-
ruii,iiiu.ti
I TAKE NOTICE that.
lion duly adopted bv the
m special meeting of the stockholders of th
Pennsylvania 1. o.i. and Coka Corproatlon is
called to be held at Its principal ofhcea on
tfis sixteenth floor nf the Land Title Uulld
lns. Philadelphia, Pa., on the ISth day ot
July, 1020. nt 2 30 p. m to act upon a
proposition to rescind the resolutions of the
stockholders ot this corporation adopted at
. a apeclal meeting thereof held on the 31st
) lay of March. 1011, whereby It was pro
vided that 12.400 shares of the par valuo ot
$50 each (amounting to $020,000 par value)
ot Its capital stock then In Its treasury bs
converted Into seven per cent, cumulative
B referred neck nnd that the Hoard of
Irectors be authorized to sell such preferred
rtock In who'e or In part as In said rso
utlons more particularly provided also to
authorize the reconversion "f said preferred
stock Into common stock of tri same num
ber nf shares of tho same par alue. and
the doing of all acts and things necessary
and proper to accomplish such reeonverslon.
ALBEIVr Q. EDWARDS
Secretary.
17 Patterv Place. New Tork City
Dated Mav 13 1020
Hit Mends
cni.ritiiM (.itM'iKipiioM: r,UTrm:fl
rnrtronvTinv or muiiumi
divides! ".s I'Ki-.rrcrtKn irru-K vr ..
The K .r.l . f I'irr. Ii,r f 11, ,, ,
named mii'in nt u m-et iff h. 1,1 r,j .
1820. l,.Ur .1 a .iuirl. rl in ,j n ,' liin
dollarh 'lj . "i in . i.sh n t ,, h -.hHr. nf ,.
outstanding I'r.f. rieil Hto. k of -ho Compan
payable ni:iit 1. 1030. to am. ichoM, f
leord ,1' til ii'h,. rf bij4 n. "... , n .1 1 1 -,
102V. Tho Trinsf-r Hfk ml, nnt he el, . rt
W lV,i ulTr i.-.r
IIKIIMYN, l'.. Jiiiie 20. !0.0. 1 III. Ill) (l)
of Dln.tnrs t the American llrnne ( or
porutlon has this day der'are.i a -eniiannual
dlvldenil of three, nnd n half mw(, ,lrr rr1,
"UPOII the prefrricl stnok rf thr company
payable on Jub 1.1, 1020, t mo, khol lers ,f
record at ih- i Ii.mi of busu gn June 30
1020. t'he. ks will he mallei
Iir.NHT SMITH
Assist..!.- Sr r lnr in I Tr. ,jr.-r
"THK HOAltD OKl)lllE'TOKs or THE
National Slut. Hank t I'jmln Hum. ihU
flay declnreil n semiannual dnl.lend nf o.,
- payablo July 1, 1020, free of all x.-
!" C. K1MHI.K
'"ashler
I'rnpoHjU
THE INhVII,I.K lH AM) EI.FXTnif'
COMPANY llrst Itefiindlng MortgagJ , jj
rer Cent Tlilrt-yenr (.old Honds,
Tho underslnd Invites tenrlors of aboe
bonds for sale anil delivery m of August 1
'1020. at a prim not ejceedlnu 10.1 nnd ur
rruetl Interent to exhaust $200u a uum no.i
available In sinking fund
Sealed tenders Btatlne numbers of bonds
rffered. addr.ssed to "Tho Co,mia Trust
Company Trustee Dansvllle (, and Elee
trio .15 Ilefundlpg M.irtaagy Ilondg. will b
received until July 85. 1020.
THE COLONIAL TIU'ST c OMPANY,
Trustee
Markrt and 13th sis Phiia
KHANK C E KS Treasurer
. June 30, 102O
VKHT J"KIIM'.Y. AND HKASIIOIli; TiilZ
KOAI T COMPANY. Uroart Htreet Station
TWIadelPhla, Juna 14th lOpo-Seaied'":
SrV.ils will be received at till; office until
SSSn of th 1st ly of July. 1020. for th,
ialo to this company at not excee-llng par
'Si all or, any part of so many of u Welt
SirSey and Seashoro Hallrnad Company first
fctw.Tiav.u.ii:
S'th. slnklne fund. .
. .Treasurer
OrVlCKOK THE OUAIlTKKMASTKir (IE.V.
"l rlothlng and Kuulimge Dltlslon, Mu.
nltlona Ilulldlng. Washington t Healed
miiuii ., . . ,-.iveil here until 11 u m
V Dart
Ion on
SALE
U. S. Naval
OrdnancePlant
Dayton, Ohio
Sealed bids will be pub
licly opened at the U. S.
Naval Ordnance Plant,
Dayton, Ohio, for tho
sale of the land, build
ings and other govern
ment material of that
plant, at 10 A. M., July
7, 1920. Catalogue of
sale may be obtained
from Commanding Offi
cer U. S. Naval Ord
nance Plant, Miami
Chapel Road, Dayton,
Ohio, or Lieut. Com
mander N. B. Farwell,
U. S. N.,- Senior Mem
ber Board of Sale,
Naval Station, Great
Lakes, 111.
BUTTER, EGGS AND CHEESE
New York. July 1 nUTTEP. Steady He
celpts. H.W4 tubs Creamery, higher than
extras BOH (10o: extra (02 score) r.H (fj
."0c. first (HS to 01 score). S35Sc; stato
dairy, finest tubs. B70BKc. do good to
prime, ,", 10-racking stock, current mak...
No 1. 4':fTl24c
EOOS Ineaular rtecelpts lit 002 cases.
Tr,.h-gitthered extra first. 47OT4RC do. first,
UfMDc slate Pennsylvania nnd nearby
western hennery white, first to extra. SB
Ho, do l.nun extra. 83 W. 10c; do gathered
timwn nn I mixed colors, first to extra 43S
file
State, who i milk, flats, current mak- hlte
nnd colored specials. 27'iCJtj' I" aver
age run .'11270. stnte. hole-milk twins,
,-urnnt mwl... snecHls. 271 It J7 c, do.
mirage run 202flic.
Bank of France Statement
Pnrlh. Jmv 1 Tho weelch bt.itement
of the lank of France shows the fol
lowing .lnnires: Gold In hand, de-
creased .77.000 francs; sliver m hand,
i decreased 1 050.000 francs; notes In cir
culation decreased. 218,801,onn francs:
I treasurv deposits, Increased, 30.234,000
, frams s noral deposits, deer. ased. 128,
239.0I1U francs; bills dltcnuntcd, do
1 creaid .JS 004,000 francs, advances,
ecnas-d 27,357,000 francs
Gold From the Orient
' New York. July 1. B F Huton & Co.
iiniA reneiveil a dispatch from San
! Francisc that gold to the amount oM
r jio "OH ' arrivcu tnerc ycsieruay irom
! the Urltni
IIsIwSbwI HWil sBHs-besLiHasBlTHHS9saaBMB4PtMlj
Snmi.sals will b received here until 11
nir ? . lUtO. for furnishing all or an
? a 000.000 stotk collarJ. Informatl
I -St 8.500,1)00
fntnaii
trTu'i-vB-rrir ufT1lr.V I1KI(.T 1JTlf
mAr V,r N. W.rWMhinto.n.-Ii. c.
poj-i":?"' ,opAn'? tafbo .
U. m.. Julr . 180. for 810.000 ,
i vhlte plna lumbsr. Jnfonnat on anj
LTiJloHaa may 1ms ba upon appllcatloo
hem aay 1ms ba upon application
FINANCIAL
IIKItsilKY Ulonil.VTK COMI'ANy.
IIKKSIIi:V, I'F.NNHYLVANI .
SratlAL ". (IOI.D DKIIENTIHK NOTKS
Datnl Auaust 1. 1010.
Total Issue I3.D0O.UOU
Series A. 11.001) 1)00 due Auaust I. 1022
Heries 11 tl OHO nnn, due August 1 1H23
Series C, $1 nOn OO0 due Aunuil 1 1024
Interest payable semiannually February 1
and Auxust 1 In each ear rtedeemablo at
the option nf tho company on any Interest
date at 101"o of their face alue and accrued
Issued under a trust Indenture dated Au
gust 1 11)10. Guarantee Trust and Bate De
posit Company of Philadelphia, 'trustee.
Notice is hereby alven to all holders of
suili nr.tes that pursuant o the provision.!
of Article 2 of tho agreement between
Herahey '""hncnlatn Company and Guarantee
Trust and Hafe Deposit Company, Trustee,
dated Auuust 1 11110. sublert to which
said limes were Issued the Hursbev Chom
late Company has exercised Its rlsht u, pay
and redeem all the said notes, series A. II
and C on the first any nf Aurust. 1020, at
llll'v of the faca amount thereof and In
terest accrued to that data at the offtco
of the Trustee Guarantee Trust and Hafe
Deposit Company No .110 Chestnut street.
In the city of Philadelphia, Pennsylvania,
when and where such, notes should,, be pre
sented for redemption. Interest will cess
... th nme nn Auffust l. 1020.
IIBTISHBT ClldCOLATH COMPANT.
Er F. Hershey,
ft Trtasursr,
Cramp's Increase Capital Stock
StoL holders of the William Cramp &
bons si ip and Engine HuildliiR Co, nt
,. !('.' innotlnir tod.i aniroed the
pj-f. K-id Increaso In the capital stock
from Jl! .30.000 to t20.orm.000. Action by
the stockholders today provides the
nciesi-arv additional capital siock ior,
p.-i'tnen'' of the ISO per e nt stock dlvl
den.l hicli It lias been announced would
ti. iir i Ured.
London Market Observe Holiday
London. Julv 1. Today waa a bank
holiday throusfhout the United Kingdom
ami the stock exchange and the Bilver
n arm t were closed.
Boston Brokers Take Extra Holiday
Ilostnn. July 1. Governors of tho Hos.
inn stock Kxchango voted to omit Sat
in daVs session following tho lead of
the New York exchange
CHICAGO BUTTER AND EGGS
rhlriiEO July 1 HUTTEIt Lower
"am&HiiltS?. Wlpts. 10.092 cases.
Finis 30S40MC. Storage packed Orst,
41M.c'
Liverpool Cotton
Liverpool, July 1. Spot cotton was
I duiet today with prices easier on tho
i basis of a decline of 44 points for mid-
I 2?.. . 9K.s7d. Tho sales were 3000
hales The receipts were 8200 balcB. all
American. Spot priceu were American.
mUldllng fair. 30.62d ; good middling.
?8 87d " fully middling. 26.02d ; middling
25.37d! low middling. 22.07d ; good ordl
nary, 18.87d, and ordinary, 17 87d.
Caracas Suflar Pays Initial Dividend
lloston, July 1 Tho Caracas Sugar
To has declared an Initial dividend of
11 per share, payable October IB to
stock of record .October 1
U. S.ltELIEFJWORKER SAFE
Woman Held by Turkish National
ists Reaches Sea Port
Constantinople, .Tune SO. (Ily A.
I. ) mUh Alice C'lnrk, of Rvnnstou.
IU wlio wns one of tho Amrrienn relief
workers- hold l" 'lie Turkish National
ists without tho iirlvllpgc of roininuni
catlng with the outside world nftor
surrendering their compounds nt IlndJIu
early in tho spring, has arrived safely
nt the Black seaport of gamsun, west
of Treblrond. Miss Clark Is on her way
to Constantinople, ue auvices stato.
"Every night when I go to bed, I wind my watch
and every morning after getting up, I crank my
Mack. I am just as confident that oile will run as
the other." From ont letter out of hundred vs$
should like you Ip read.
ONLY the established record measurements
and quality of every part entering into the
construction of a Mack Truck can produce
results which bring such an enthusiastic tribute
as this from a satisfied Mack owner.
Distinctive Mack engineering features com
bined with 18 basic Mack patents have devel
oped the motor truck the world is talking about.
Capacities VA to 7 tons, tractors to 15 tons
Full iaformotion on request
MACK INTERNATIONAL MOTOR
TRUCK CORPORATION,
2M0 Chestnut Street
Philn., Pn.
"PERFORMANCE COUNTS"
We Have Built Plants for
A Hundred Different
Lines of Industry
During our career of 55 years as industrial constructors, we have
planned, built and equipped manufacturing plants of the utmost effi
ciency in almost a hundred different lines of industry.,
Under The Steele Idea this organization has produced indus
trial plants of all types, many of them among the largest in the world,
in practically every important line of industry in America.
Below we list some (by no means all) of the different fields in
which we have planned industrial plants, both large and small, but of
high efficiency always:
Harper's Ferry Excursion
SCKN1C 1'OINT OP 3 STATES
Sunday, July 4
$3.00 Round Trip
(iNCLvniNO tax;
Special Train Leave 24th & Chestnut SU., 8 A. M.
Ilfturiiluic Special Train Will Ii Harper's J'erry 0,110 V. M.
BALTIMORE & OHIO R. R.
international Freighting Corporation:
Regular
Sailings
urns
Through
Bills of
Lading
Issued
H. fl
PHILADELPHIA to RIVER PLATE PORTS
Tcrre Haute , .Jalr 7 8. H. I.utllu
lnl 1
H. h. disc
Ju'iV is
.Julr 10
PHILADELPHIA to RIO JANEIRO & SANTOS
S. H. Woodmunsle Julr 7 H. H. I'arksrtlle July 30
PHILADELPHIA to FRENCH ATLANTIC PORTS
H.H.Caspar Julr 7 H. H. Hnlvstlon I.ass Julr 17
8. . Cltr of Falrburr . . , Julr 18 8. H. Ncdmno Auk. 2
Lafayette Building, Philadelphia 170 Broadway, New York
aT.QTnhs.rd BBSs'
linking
Unit Tlrnrlnjr
Ilank Notrs
Ilatterlf (Stornft)
llrilstenils
llpltlnic CMrtnl)
Ilrass
t'liewlni; nuin
Chocolate nntl Cocoa,
Clrnrs
Cltrnrrttes
Cloth
Clothing
Confectionery
Curled Hair
Canned Goods
Carpets
Chamois
Chemicals,
Dental Kqulpment
Dyeing
Klectrle Sfotors and
Equipment
i:ngrnTlng (Bteel)
rurnlture
Oarages
Garments
(Men and Women)
fins Mantle '
Glass
Glue
lliinimorliH nnd Torfeli
Hnrdnnre
Hats
Heaters
Hooks nnd Eyes
Hosiery
Iron .
Jewelry
(llaied Kid
Knitting
I.ace Curtains
T.ares
Leather
Linoleum
Lumber
Machinery
Mercantile Tiplldlngs
Millinery floods
Motors (Electrical)
Neckwear
Packing noxes
Taper
numbing Supplies
Tottery
l'rlntlng
Tumps, Condensers
Hugs
Hooting
Rubber, Rubber Goods
Haws
hliliid and Collars
(Men's)
Shoes
Shoe Last
Nllks
Spinning
Sporting Gnoils
Steel
Stoics
Tapestries
Terra Cottn
Textiles
Tires (Automobiles)
Tools
Trunks
Umbrellas
Underwear
Upholstery
Warehouses
Wall I'aper
Watch Cases
Wearing
Yarns
Our experience has been so long and so varied that almost
every conceivable building problem has been put to us and solved by
our organization at some time in our career. We would welcome an
opportunity to discuss ypur factory problems with you and prove to
you the value of our service without obligation to you.
WM. STEELE & SONS CO.
Architects : Engineers : Constructors
Philadelphia Toronto
Cortland 70..J 1 1 1 1. -I
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