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EVENING
PUBLIC EBDGfER PHIL'ADELPmA, THURSDAY, JANUARY 13, 1L921
1
r'r"V(r
CITY OF PHILADELPHIA
5 Bonds, due 1970
Full hqormation upon request
HARRISON CO.
BANKERS
106 SOUTH FOURTH STREET
PHILADELPHIA
Members New York and Philadelphia Stock Exchanges
rflffill I RflGEMTINA
jOHN L. MERRILL, Pros.
To Insure rapid, direct nnil no
curate handllnir of your cat; to
. Armntlna rind all other
'Smft o" Contra! and South
JSierlca. mark them "Via all
America."
A Splendid Opportunity for a Few Persons
Who Can Recognize What They See
A corporation in Philadelphia owns n valuable franchise with
exclusi'e selling rights, over n InrRe territory, for Patho Safety
Standard moving-picture films, etc. The Philadelphia Company has
use for a limited amount of additional cash capital in order to
extend one of its circuits from which the net earnings were so large
that the entire cash investment was returned and n substantial
surplus Ba'net 'n 'e8S tnnn twelve months.
The proof is here and open to inspection iky those seriously
inclined.
C 232, Ledger Office.
Service and Stability
Commercial
Concerns
need an account in n
modern Trust Com
pany to comploto
their banking facili
ties. Modern business pre
sents mnny problems
beyond the scope of
the usual banking ex
perience. We particularly so
licit business nccounts
unci offer you the
varied and complete
service possible to se
cure in an up-to-date
Trust Company.
Integrity
Trust Company
Fourth nnd Green Streets
Capital $500,000
Surplus & Profit $1,770,000
I-
fi 1 1 1 1 mum mmnmii jj-ux ,
Twin State Gas .&
Electric Company
(Inrorporntctl 100(1)
7 HomKSecured Gold Notes
luo Dei ember I, 103'i
Cnnrnn s earnings Approximately
lour times interest charges
Uncommon cqultlrn nnil security.
Operitlng In Important cent.rrs In
New Hampshire, Vermont and Maine.
Price to yield 8.45
Circular T-09 on request.
Fairman & Company
Drexel Bldg., Phila.
KstnhlUlied 1002
A. H. Bickmorc & Co.
Ill Rrondway, Now York
ItiiiiiiiiniiiiiiiiiiiTiii'iiinnt;
Kardos 8C Burke
STOCKS &: BONDS
Hon. John Burke
Fotnwily. Trwuret of I Succeiiors to
i !??," i""" 'Kardos SC Co.
L M. Kardos, Jr.
The Kardoa & Burke
Review
A. weekly summary of financial
nd economic conditions in
direct relation to security values.
Rd by Investors and Business Men
throughout tho country.
(ojy W be sent Pltnn to
anyorio requesting No. 135.
1424ValnutSt.,Philadelphia
New York Pittsburgh
chjB Brooklyn
Direct Private Wires
J. si. wii.i.u "cT
'. I TPiiv
- w,sj
sailer & Stevens
on
S AXD rilKSTNI'TS STH,
T t. vy"tio
Free. Ylcldlnc VAo , so.
--' 4V
Safe Bondsy5r Investment
"ALSEY, STUART
& CO. inc.
?,l,l.l l' i.iiir,.'",.,iVi" Vh Mill
fc"ve Position NWanted
r man. nira an .. .
rii?ef "S?M,Wy' 'n"er or
f'uplr,',,', ! 'I'M'Uiiv Coiik 5'h 10-.I (j
rainla i.:."".,"niiij in..i
Thn third larscst Amertcnn
llcpubllc, with nn area of 1,.
13!),07!l savure miles and u
population of a. 300, 000. ArRen
tlna Imported In 1919 $103,
fJG.ono wotth of goods from
tho L'nlted Slates.
ALL AMERICA CABLES
has contributed no smalt part
o the dpclopimnl of lrailo
liotwcon tho United Slates and
Argentina.
K E
haven
Enjoys a practical mo
nopoly of the New Eng
land railroad traffic
much talked about re
ceivership rumors an
interesting analysis with
a map other worth
while features in
Ask for tt
copy PESO
MARKET
OPINION
FEflNBLATT & CO.
Mtmbtrs ol the Philadelphia Slock Exchange
139 South 15th St. Philadelphia
rionei:bll Sprnee 7627; Kjiton Race 1105
Charles Jackel, Manager
Direct Ptteale Witei to
R.H.fVlAcM ASTERS &CO.
Jlemlwrs Cuiunhilntcd &(ocfc .'re A. nf.V. V.
82-84 Broad St. Now York
Pennsylvania Railroad
JVIiat are the piospects for the
htockholdors of this property
under tho new lailroad law
i ill the earning power be
maintained at a level to
justify tho continuance of
the piesent dividend?
These and other interesting
questions vega r di n g tho
great Pennsylvania Railroad
system aio discussed in a
careful analysis of the piop
erty which wo have just pre
pared for our clients?
A few extra copies are avail
able to the fust inquirers.
Send two-cent stamp with
business address for Circu
lar No. 3.
MOODY'S INVESTORS SERVICE
JOHN MOODY, President
1121 Ken! Estnfe Trust Bldg.
Philadelphia, Pa.
NEW YORK UOSTON CHICAGO
tvxauanvit.ghtai,aajMtuMaBgagaaarfjiirirta
CAPITAL FUNDS
SUPPLIED
To Established, Gcinr; Concerns
FOR EXPANSION PURPOSES
$200,000 to $400,000 Issues
H. A. STONE & COMPANY
Corporation Financing
Widener Bldij., Phila.
Kallmann Rosen
PUBLIC ACCOUNTANTS
mid AUDITORS
Income Tax Specialists
510 Real Eitnte Trust DMc. ',?,
P. J. VAN I5ILLIAKD
a rem NTM'-.rii5Tim
.Sp. ciiil inn ,
ni)i:iti. iNcinin txi:s
Junnt ilu ull'i Income 'lax Unit
Durcau Internal Itcirnw
oo'i hum. im.ui; Tin r num.
riiiuTt mm i" i . i."ii7
R. B. CARR
Accountant and Auditor
rtnrclnlltlnt: In
FEDERAL INCOME TAXES
rrnmi. IIIiIb.
I'lilh.lrliil.li.
Lavrence E. Brown & Co.
CERTIFIED TUBLIC ACCOUNTANTS
in. hi:ai. r.HrTi; ntihr mi.hu.
ImiHllKiiln iiiul ndjiot ii.irtmri.Iilp .u.il
in nun' I . lifturii".
V:
Moore, Swartz, Hindle & Clarlt
ACCOUNTANTS
lucerne Tax Cast Sjrstems Audits
..riirp rm Hj:i li'li.lHN0
GOSSIP OF
THE STREET
Aciroidliife'ti, tlio fstlmnti-s of scvcrnl
tec-ogiiizcil .mnikut olisorvdrs, nt least bO
l'or rent of the leccnt liuyltiR movement
icprMcnted short covering.' It cninc in
aes slnoo the opening of (lie new
jenr, ns earh I)lnv lP,.r0 wnH icjicIumI itnti
tin' tlcmnml nt nil times wits tliRent.
it ii tltflipulty to JiiiIbp tin- iitnount
pt tho otitstniulliii; shott ntock. but
niero is ti gi'ticrnl opinion that the lesser
ipoits ntc piPdy well ellnihmtpil. As
eOiiitnixsloii house bttjHiif; hiw not kept
iwt'c w , tb tlip biihlhiK up of fitoeks,
Mpeciiilly the Iniltistliitl Hpeelultles. the
maiKet is ii'giiidiMi as bclnt,' teehnlcnlly
wenkt-r than would appear on the mir
inci'. At hast, It is Ri'iicrnlly untitled
Hint, with the ellmlantlon otr the shott
interest, the entire limiket hitsi been left
mote Hiisci'ptii,,, (,, the development of
finy tinfniorable news. This, of course,
It the opinion of i'pcrlcneed mttrkct ob
H'rvers and nrennllnis to the rule of the
pmne there nhonld be somewhat of it
bitfkset fiom the higher levels. It nmy
winic, mid it nmy not tome nt all. The
maiket is alwa.s iloliiu the unexpeeted
nml hour, of the liiRKest bull movements
have been started nnd latried tlirntiRli
siieeessfnlly i ft.0 0f 1)0SnV0 adverse
eotiditintis.
Takinj; everything in ronldetntlon,
here ate not mini), liowowr, who be
lieve (here Im not iiilieh of n rliimei. fir
liny sustained forwntd moM'tuent nt
this time. Wall stteet, however, is the
'Iremnland of uondets and nobody ever
Uiow.s what the net day will bting
foith.
Uls Tnitlets Illlienmlltn;
One of the heaviest traders of it
pininiiip.iit tip. town (iimniission house
united into the hoardmom pstcrdny
nnil, after i;Ivim; the tape a lookover,
3vi' oulirs to ideal! tip his tntlre ne
eotint. Wiien nslicj fur thN sudden
decision he teplied that it was his opin
ion that (lie bluest traders, nt well ns
the influential llmineinl interests, v,ero
Kitting or Inn their nfTniis in shape
pieparatoi') to the annual hibernating
season in Southland.
"Slure they luue taken profits and
ate preparing to enjoy (lie fruits or
their labois under the 1'Iuriilii huh."
he said, "there is no enrtlil reason why
Mints trulv should not go and do like
wise. Looks to me ns if we have had the
pi'owiliinl .lauunry boom, ami those
who had the nene to plek 'em up when
tin one else wanted them in December
June cashed in iimio mighty big prollts.
lliej me willing now to let the other
fellows pl,i witlt the mniket for a
while until the) turn up again for the
usual spring minemcnt, or when the
sap begins toiiiu up the trees.
"At any inte," he (ontinind, "It
looks to me as if we wcte dtifting into
u prolonged dull period, nnd nothing
sets on in) nei'M's more ipiiekly than
iniietlon. So, nftei- due consideration,
I decided last night to (lose out. There
are -ome losses, but 1 believe prolits
will iiwibuhiiiee them, (iood-by until
Apiil."
After Control! of Hill
Stteet gossip hud it jestenlnj that the
New Ymk i iowl wlio were given credit
for tie liemj hujing of .1. ;. Id ill s0
unities lust ur wete going to make
another tiy to get eontiol ot tl om-
pun. Thesp tumors have cropped up
pei iodir ally for some time and where
there is so much smoke tl.eie must he
some lire. Especially when taking into
consideration the successful coup in
(iciicinl Asphalt nnd other local con-
eins which have been taken out of
tie hands of (heir Philadelphia owners.
This much is ceit.iin, the Hunting sup
pi) of III ill stock U pretty )cll cleaned
up. If nnv one is lenlly after the eon
tiol there is likely to he some lirewniks
as then- was in the General Asphalt
shates.
In view of the money market condi
tions such a movement just at this time
would appear to be altogether un.idvis
nble. It is repoited the earnings last
veiir weie most satisfactory and the
coinpnii) has excellent piospects lor big
business for several .vcurs to come. This
is quite probable, as tiie street railway
companies have made slight ependituie's
(lie lust few jenrs In new I'litilpmentH.
Cars we'ic out like ever) tiling else and
must sooner or later be icpluced.
French Kcconstriirticm Wot It
following repoits showing the re
habilitation of iijileulture steel making,
textiles and other imlushits, tin Ficneh
commission in the I'tiited tstes is ad
vised that gieat pioguss ims been made
In lestoring clcitticul ami gas pl.ints in
the war leuloii.
Cotisidering oniv plants whieli weie
capable of furnishing ovei KM) kilowatts,
there weie supplied to the devastated
legions, in KM". JSOD.O'M) kilovvnt's. Tiie
power plants ilestroved dining tiie war
numlieted thlitv two These fuinlslieil
in Kli.'l L'fll.riOO kllowntts of the nbove
total. Since the nruii-tiec twenlv -four
of these plants have in en reconstructed
and nr? again able to furnish 101,000
kilnwttts. It is expected that by the
spring of this je.ir all the electrical
plants ded ojed will be again in oper
ation, and. due to the installation ol
modern midline!), will be able to fur
nish u total of .'!-':.' 000 kilowatts in
stead of their pre war total of ,'100,000
kilowatts.
Of the 200 gas plants in die devas
tated legions, l.'O were lonriletely de-
(strovpcl din Ins the wnr Of this total
fiflv-t'wo nie au'iin i inuplctelv recon-
struct"d nnd fui in-h their full cpiota of
i gas. and foitv-two nie paitiallv ie-
loiistructed mil able to furnish about fiO
I per cent of their pie war piodiietion. It
I is Intel estliis to note, in (onueition with
I this piiitlcular itulu-tiv. that it is not
I proposed to iiioiiMiiKt I'oitv of the
I plants di'sttovid, because of the (level-
I .........nt ..f fi t i.i nimil'
uiuitviii ... .... i
Kiilltoail Trafilc Lighter
Ofilcl'ils of iiiibotiils operating east
from Clih ago and St. Louis icpnit lit
t'c diaiige in gineinl tialiie conditions,
fill t 11 loiiside'.ible leilmlinii us ''mil
pined to a viar ago The stagnation in
seveinl impoitant Mnes is musing u
smaller tonnage volume. In the steel
and iron ti tides tlieie Is still a much
i educed pioiltiillon on the whole, al
though some centers are shipping con
sideinbl). Owing to small airlva's of
gialn ui l" 'bis time at western con
necting ceiiteih- theie has been a mod
erate all tail movement of grnin cast,
and the shipments ot Hour mid packing
piodiuls ate also nioilciate, owing to
tho lack of nnv Impoitant expoi t ile
manil at the piesent time, Coal move
ment is keep'tis up about on it jiar with
n ,venr ngo and cllsttibiitlug iicduts are
being well supplied. The. demand for
coa' is of luocleiate pioportlons fiom
imlustiies In man) cases, however.
Ollieiiils ot soutliein luilroads icpoit
i fair movement of lumber, and u good
inn of whe.it to the gult pints, but
I'l'ininl ineicluiiidlsp is showing a fu'l
nig olT as coiiipi.iccl to hist jear. N'o
letup in "in K,mu """M'lueut to the
gill is cxpi'teil, anil Horn piesent .
dletatiiiiis ,lll'u' "'" uu " Kd-siocl
movement ol iiu us we'l as ot wheat.
"' Tin: tuai)i:il
Man Dead; Woman Dying
ljiiu'i.sti'r. l'u.. .Inn. i:. Visiting
Ids bungalow at Sunn) side, near the
citv, slioitb after noon .vestenlnv, Jo--vvh
Liuht cliseuveied tho body of a
dead man and an apparently thing
vviimau. The lur of wood alcohol was
plainly noticeable. Tho dead man la
supposed to bo Daniel Snydor, of York,
Pa. A cai'd in bis coat and a collorbor
he'ir bV' nanie, Tho woman U In a loco!
los'iitrtl Ju ff critical condltlou.
UNIONS
PI I CAPITAL
L
Further Development of Norfolk
Idea Planned in War for
Closed Shop
MORTGAGE ON IRON WORKS
Hy (lie Associated Press
Washington, .Ian. Kt. . Labor's an
swer to ret cut lepal and legislative set
backs may be to light capital with capi
tal itsclt.
, An experiment now palled "Ihe Nor
folk den." conducted bv the lnternn
Innal Asvoclat'on of JIachlnlsts. Is
being much dlscm-ed and, it Is said. N
about to bo repeated on tho Pacific
coast. In bilef. the Norfolk idea Is
the use of capital assets and credit of
organized labor in the fight to compel
ciuplo) era to meet Its demands.
As explained by 13. C. Davison, sec
retary ot tlio machinists there was a
Mi Ike in the Cicsppnt i,nn Works, in
Noifolk. Vn.. Inte in 1020. The labor
union stritegy was simple. The out
standing oblLratlons ot the ("rcicnt Iron
Win In were boiignt up. and control thus
having been gained, suppott wns fur
nished, through extension of credit and
active co-operation of nllili.itcd In a nehes
of organised labor.
Mr. Davison who was one of tho
orlginntors of the idea, estimntctl today
Ids association saved mote than S200.
000 cash in that mutest, while the
saving to Its members was probably
double that amount.
"Instead of a long struggle In which
nur members each cliew Ssj (t week in
strike benefits." he said, "we suc
ceeded in keeping them nil employed nt
top wages, tup ministry In .-NorloiK
was saved nn exin nslve tietiod ot in
activity nnd the city was saved the
loss in ttadc which would have re
sulted." Norfolk, Vn., Jan. 1P. At no time
has the Crest "lit Iron Winks been under
union-labor lontrol or nnnngement,
W." .1. Fielder, president of the company,-
said last night. lie gave full
credit, however, to union lnbor for sav
ing his concern fiom tceent financial
difficulties.
LONDON STOCK MARKET
Feeling Continued Confident Oils
Drooped Dollar Descrip
tions Steady
T.oiiilnn, Jan 1.1 Xntw Ithstnndlnc n
revival of borrowing liv corporations,
Ellt-pdgfd Investment Issum were ninln
talneil on thn stock (Xehnnge toilav. The
leenng coininueii oontiii.-nt In tlio face
of the ovcrtlu owing of the I.pvrucs
ministry, Kiench loans wrre steady
Oils drooped Sh' 11 Transport wna
5. rx-dlvldend, r.nd .Mexican Kagle,
C Itoni.. ioIIh .r dull Hie disposi
tion being to await disposition of the
transport Mil In l'.iill.iniint. Dollar de
scriptions were sti tiIv In svmpathv with
tlio movement of N'ew Voik oxchnnge.
Industrials were IrrcKiilnr. Hudson's
T'nv mis 0'j. Im'IIh sn3ff.il. altlioii"li
the price for bar Bold moved up a little
Onorally, tho markets wero ciulet and
steady.
FOREIGN EXCHANGE
New Ynrlt. Jan. 13 Willi one or two
exceptions Hi- for.-lcn exchange mar
ket opened weak Kteillng started l'ie
under vesterdnv's tlnal ; francs were
down points nnd lire were off I
nolnts The .Scandinavians displayed a
better tone.
Quotations were:
liemand stetllrtr .1.71. c.bles 3 7 1 ai :
funic cables 0 0 i, . checks fi 03 ; lire
cables 3 1.1 clnds 3 41'. i Swiss cables
IB fin, cli.-ckH 15 01 ; gull lir cables 32 no,
checks :tj .ri ; limtns cables 13 32.
cheeks 1.1 10; Stockholm cables 2145,
ihieks 21 13. Chrlstlml.i cables 17.B0,
eheiks 17 00: ropeuliageii cables 17 OS.
(hecks 17 .13 : Iielglan cables C 37, checks
G uU ; marks 1 11
The premium on N'ew York exchange
In Montr, al today, which closed on
Wednesday nt 151 percent, (bellned to
lPi per cent The discount on
Canadian funds In N'ew Yoik declined
1.1137 p"r c nt compnred with 12!D1
per eint at tin close on Weilm sdav
vi:.sti:hoay s riNAi. (iuotationh
Sreil nj I'liimi I.lrn llull.lors
Demnnil :i 72 (I 10 a 17 a 711
2,Mrt 7.,',i II 1.' 3 III ,).' s0
TOUAV S OITNINll (Jt'OTATIONS
St'ilniK rriiKN Lire dulMcrH
IlAiiinnil 3 71 0 (CI a l.'ij 3 7.-,
cables . 'nw 11 on, a ij j.'ud
MONEY-LENDING RATES
M!W MHK Money on call, both
elnssi ( of collntptal, opened lnd.iv at 0
per cent fot 1, ndiug and unevvini; This
Is the luvve-t 11l1ew.il lato blnce N'ovmi
hoi' 30, last.
Moiiev on the stock iMhante was
loaned at 8 per n nt nn call and 1 uts do
has bien In.iniil at I '. and 5 p. r mil
A feitllie of the mniket, li ill, ithiff
the shatp iniili.isl with londitinns n
cently privnlllng was the fact that oine
moiiiy lo 11 1 d today fur thru u, ,mr
months pt C. pu- c, nt This Is the lowisl
level thus far
The 1 'in.iiiil for moiu v is n ported
air. (lit, ilngs 1110 not what mlulit lie
called llli 1 til. but the (hangia show the
icI.iMng tiind tor the tlmo belng
PIIII..lini.l'lli-Cnll. fi prr cent;
time. (1 pi r ci 111 : couiinercI.il paper,
tin in to alt months, C pi r cent
(.Vote Tin si am meuh nominal
quotations, as the l.g.il rnto of Int. ret
In the statu of I'. unsjIvAiil.i Is l..d at
C per it-iii This in 1 milium and imnmls
slons, tliim nioiHV for thirty !. iiimtv
dn)s Is loaned at 8 to S1- p. i- ct nt,
while coininiici.il piper lionfthie to sK
tnonins is ueniK ulleiecl at 8 to S1
cent )
per
Reserve Banks Discount Rates
Official letllMoiint ratea Die 1 , , r, J.
eral Hubtrvo Istnl ire as fujluws
Tlt-IIH I. I. I 'mih 1 ll,
ells lloll'ls. l-.u 1 .i..nt
llotton . .
II
Now Yoik . .. .'. 0 7 n
It
r,
'IlllaO-'lplUl
Cle. Inn.l . .
Itti hnion.l
Atlanta
Cllll-IBO
St. l.nuN
AGAINST
APA
0 .','4
n .V,
0 II
7 II
7 11
h f.14
1,
(I 1
0 ,-,'j
II 0
.til
til
til
to
r.
0
0
i"i'J
JIlntiotiHillH .. !'
Kara 18 City . Id
llalmH .. to
faun l'raneliiio til
,(, per c. nt on p 11 oi si-iuriM 1, r, iter
cent (eitlll-att-H mil " p-i (tnt en p ip, r
curtd by 1 I-r (- H mid ,1 i 1 c 111 tertlil
cap h
tDlBeiiunt rate mi renpnmlH wl-h Inter. t
rate bom I'N reltitleiitt- ivilit, eN toll 11
eral. with mini 1 u n f r, ,.,. , . nt m tiie
cum ot riiilnd ll'lil 1, Atliintn, Iv nisnH Cln
niel Pill is 'lid .' i r iint In th. (.1, ,f
I'lev land. Jtkliiiuiiiil 1 likdto ainl ban 1'ui.i.
plsro
Bank of Enolnnd Statement
London. Jon 13 Tho vv-eiMy M.ite
ment of the Hank of Imglnnd shows tin
follow lug chanues Total iesi,rvo In
en an-d 1710.0(10; clieul.itifin d. -inased
CI 7 15 nrto ; bulllnn ibcieas.d
ilSII: other seeuiltlcs ilii-rinsul 1,
'1 s son p -1 lie d posltH d 1 1 1 as (I is r, .
C1O11 . nt'" 1 (b posits deeic is. . 1 1 'I S-.i)
000; rjj.i s ltseive Ineteas d 1,719 O11O;
gov in tnt SLClirltles di-iii.isul .10,-
'1 'lb- p opoi t on or He b ml, s
useiTo to liability this wed; Is 12 15
per cent , Iaut week It was 8 S5 per ctnt
1 In to of discount, 7 i t- cent.
State Funds Shrink
llarrlslmrir, Jan 111 The htalunnit
of the Tieasuiy Hi pat tinent ()f the
amount of kik ral funds of the finuinon
wealth uf IN nnsvlvunla thovva tin tot.il
on hand Pees mbnr 31 11120, incIiisIm
of inonejs upprnpii.itcil to the sink ng
fund to be- SI, 002. 181. as against $1 -915
fi93 on Jaiiuaiv 31, 1920 Of the
total deposits or $1,002,181, i'hlladelphia
ee iiiiiuiiii h Id JI7O90I Peeemb 1 1
as against $818,071 January 31, 1920.
- "OAR 8ILVER
Ufir dllver vvna U lower n London
1oil.vy At ?nlt ty
Netv York Bonds
3AI.i:3 IN ItOOOl
A Bmlt & It r
i .... :;
S. . .. 77i
4 .. 774
Am T & T ill
1....1 .8N,
Am Tel tTIH
2 ....' SI!
r...... h'j
Am Tel & T 0
0 ,,,. tid'i
Armour it,n
l(l.... SO
I 3... 7.1
a... . 7
3.. .. 7S,
2 .... 78
A T & a I 4
2 78'.
C 78H
4 7si;
1 78
A Conat L.V 4s
8 .... 711
7n'i
t)7
117
t)7.
07?,
I7.
07 N
H7'i
WN
117
H7i
n7'i
tl7'4
07 "j
iV
70
7(1
70
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r. .
3..
3..
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1 -
2 . .. 4I,
0 . . 41',
1 .. 4 I "A
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1. .. . Mi '4
SO.
Cnw It It cv U
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0
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1 . . nu'A
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trie lty Co la
l ro
N'n l'licttlo Is
S..... 78
r. .. r,-,
2 CV'i
ilovt t' H .ctf
Orcif S. Cat Sft
1
100
100
100',
100
100
100
t0M
100
100
100
too
100
100
100
100
G b
100
Oregon S Ij 4
r..
l
B .... 80
Ort'.W'n 11 Co
Ntivl Co 4s
2 72
2 72
l
t
in .
i
l ..
4 .
4 .
2T
A C'odBt I.'fl 70
1.... 101,
N'n Paclnc On
Atl'o l'rull 7
I . . . 72
1 CO
Halt tt Ohio ev
1 70
1 70(i
1 711'a
1 70M,
N Mates 1' 3s
1 7'j
1'n 11 nm 4!jB
1 ... 81
. 2 .. bl
t'a HU ! 2
1 08"i
renna 11 11 Is
1 tlO'i
1 HI
Da It & O 3'il
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1 K
2 . . JOt '4
t 101
I . 101
3 111.' 14
Halt & Ohio As,
7
1.
1.
10 .
1..
8..
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7I'i
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(Id Trunk rota rennet H It iJ
2 . . nu 0.... 10.1
3 In'.' t'corla & K In
.-. in ji. 10. . . . 22
71 Tin I i ilun f.i'I'ore Marqt .i
1.
2 . 1,1 I.. . S.
10 . 1,1 1 81
.1 . cl.11 n 8.1
Hud & Ma,n in Phil Counlj cv
10 .. 27, 1 01
n.iit Ohio oi
n nt
1 my,
n & o i' 1. 1.
ft V Va 4 s
f. . 20 Kill County Is
1 GB . II
10 .... r."j
ls&o Hn ni,i. in v,p,-
1 70 111 . 27
11 A: O Tol ts tu cfiitral t!
2 03 - .. 7iji,.
Duli llldK r.s ' g 7i-,ia
1 OS ' 1 . .79
Tilts Cln C &
.Sib a 4VjS
1 h.1
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2... . 01
n i a & i. 1
3 17
4 07
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4. .. (17 III Cnfl iiijs
inn. Milan .N'n 1 pit,
lll rets I 1 .... 111
1.
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1.
100 1 .. . 017,1 3 n niy 4s
100(lntburo JI I '(, 11
loot, I 1... . 10 11
.. -4
73
1.
10
1
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n.
1
100 Intboro It 1 M
Bt I Jtt & 3
1IMI
1. ... 40
3 40
n a a av i
2 70
2 70
Pt 1. & S 1' aj
lot
nil
Hit
101
III 1 &. C.t N In
1 00
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I . . SO
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7 Ml
r. . . so
1. ... so
12... 70 1
I
r..
1.
or.4
mi
. . 01
... 0314
j. a 1 in
Ctl Leather Bs
1 01
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r. .. 71
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s 1.
0 .. . r.o
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is .... r,o
1 .... r.o
3t Ij How' 11 r.s
H. rleu A
7 03
Ijmj. Cent' 1 I-
1.... tl
2... . 711.
Jnp l!n't 'Jn.l
2.. . 70
C k & Ohio Ah!
2 ... ti2ij
C'k . O cv r.s
.1 .. St ,
r. . . sin
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. . :,s 1 . .. 0.1
... Ss t I. . S 1'r.in
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t
1.
1.
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30 ... r.iij
1..
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.. 70
aw 'n ns
8 . . Sl-
IS .. M'
3 Rl
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3 7t
K C T 1M I"
r. . . 72
IC ot lit It- 0s
'' 02
1 C.I
Chi S. Alton 3s
1 03
2 ... 4.1
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C ft Alton 3' j
1 .... 3S
(1 .... as
a .. . us
3 . . 3S
3 . . 3S
r. ."1
2. ... "Si.
1 .. 01
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1 ... S'i I 10 . . is
Chi II Si IsK ot Italy (,
2 07 I 1 S2
F0.10 d A I. td
0 43
2... . !i7!.acelcde (1 Co
beab'.l jV I. 0a
('. 07 o rtt I. 4s
fl . 'i7 I 1 (',')
1 . . r.r.
10 .. . r.i
.1 . r.i
07
07 ,
1.11
0
S'n I'.ic cv Is
12 . 07
Clll kll If
1.. .. r.3
10 . r..t
Chtcncn Mil S.
I... . 70
2.. .. 77H
1. . . 77
I.-ick hteel '21
t .. 01
Ij V en i,c,s
6 n l'ao tv tit
10 .. . 7!
10.. .. 0S
3.. .. OSii,
at 1 (1 4s
K (,'.'
. ('2
2 .. . (.3
Chlcairo Mil &
SIP cv -t'.H
2 . . 70
2 .. . 70
Chk.Hl.-i. Mil i.
atl' fd ls
Ti... '. 1.1
ChlciKii Mil
Htl' Bill 4n
,1 . 7S
ChleiiEo Mil .
St l e-v .'
1 71
Cbl . Nw'n 7
2 . 101
1 . . 103
1 101
Chi Uallw'H Rs
3 . . 01
S . . 1.0
3 . 00
Cilltlil' fd
L & Jljers 7s
107 8 lS-
I.ou .ViiBh Is 21 0s4
S2 10. ... Ii'i si
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1 7S En ItallWa 4.
1 . .. 7S 2
(.0 Mi
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en 4 r . . . ,0' j
2 ... S4 1 . . 70
Mo K . T IciThlrd Aie aj
.1. ... fiO'ii .1 . . 2d
2 . (.0 -' . . 20
10 . . 00 Third Ave Is
. 00 1 . .. -I.'
Mo Pacific la .' 42
20.. . 3." Union l'ac fl
r. nr. 1.. 711
1.1.. . r,1 t'nlon l'ac 4s
10 . . . r.r. 10 .. S.l
10. . r.o 3 . . s:i 1,
Mo l'ac Bs "(15 2 s.l
,1 . so Union l'ac 1.3
Vlont'a Pni Si. I 2 100
1.. . . S0 It K nt a Urlt
1 . .. Ml, .v. Id 1021
1 se,i, 1 0.
1.. .. S0 1 "SV
Sow Or Tex &l 3 03
.Mexico Bh L' K el (1 I 1..
2. .' i.O , & I'd 1022
07
3.
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1
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Chi I
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2 ... 7-1 I i I'd 10." I
1 77l 1 .... SS
1 . . 72
Chlcano fit r 1
Mln & O l
3. .. sl
Chi . W I is
3 ... (11
I 01
'li Heine hs
7 . . 00
Chile Cop'i Os
N Y Cent I 0s, 2 . SO
0 . 02 U K of ll Hilt
1. .. 02 I I'd 1017
I . . 02 .', . . so
1.. P2 1 . . SO
1 . 02 1 . . . SO
21 ... 02 2 . SO
'.. 'tH'
city .. y 4Vj
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2 . . 0.1
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1 .. . 01 1 12
7 . . '12 'U H ltubb'r Be
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City I'arla lis
e 102 L' a Hub 7a
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5. ... 90
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C jvuurlcti re h
1 07
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St I. 4a
1 SI
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2 .... SO
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at I.ouls 0s
0 00
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2. ... to
New Y N II
Hart'd 0s
10
1
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or,
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13 . 70
1 7S
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1 . . s-,
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2 . . . SO
0. . so
Colo S ls
I . .. S'l IVeatn l'ae 1st
.71
New Y VV C ft 1 SI
Host ls .XAVat Shore la
3.. .10", I '. 7 1
Nth West n U y, Union I ' s
Tot wl 7 I 1 . . . . 7'i
2 . . H7.i S 70
Cona'd Can 7s
B ,, 100
1 100
I'rne Vat
1 . . 73
Cuban C S cv
1 .... KB ,
D v. it o fd ct
B 43
1 . . tl
7'W ll . Mfs 7a
10
07
1
07
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2 .... 00
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1 02
Pom llcp'c Ba
B . .. 7B'i
2 . !i7, r. III',
4 . U7I, I 'HI',
8 1171. iVilHon Co cv
1 . 117 :i ,!
7. . . II7 Wilson Co 1st
IB ' 117 , 1 .. M
1 . i7J 1 . , , vi
l-l l'7'S.I 1.. , K'l
r. u: 1 . vi
11 r.
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Mi s'J
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11(1 III
1)7.111
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till !l
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ll'.'.ll
MS.M)
s7. mi
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till (111
117.0(1
III!. H'J
Hll.tU
Liberty Il'-s. . .
I.lhi'tt) 1st Is..,
I.iheity 1st -l,s.
l.ilietty 'M -l,s..
l.ibeity .'Id -lS.
I.ibertj -Itli -lVih.
Vie Notes .'l-'I, s. .
Vic Notes -I'j'ih. ,
II
I'i
!H.irj
Shi H 1 1
Chicago &. Northwestern ABks Loan
W aNbliigton, Jim 1 1 - The rhlt iko
nnil Noi tlivvoHtern lt.11lw.1v Co nsU el
the Intor-ituto Comiiu'-n ronimli-slun
toil.iy fur n T(iveriiiii nt lo.in uf f.l.uuO,
Obil foi tin M'.us, fin tin- imieli.ise of
ntiv ciiiillMiii'iit, Tlu curler oltt-ii
iiulimicnt tiUHt (i-itiiliittes niuountlnB
to f MO: 000 iih Boimltv fui tlio luati
Prices Firm on Paris Bourse
Paris, Jan, 13, Prices wero flrtn on
tlio BoiirBo today, Tlirto per cent rcntrs
Mffr ttCa ; exchange on London, OUr 52c;
5 per cent loon. 85fr 20c. The dolla'"
vvns quoted at, lflfr 62c.
DODGE'S FAMILY
GEIS $50,000,000
Auto Maker's Estate Goes to
i
Widow and Two I
Children
WILL SIGNED IN NOVEMBER
Dclrolt. ,rnn. 1.1. The will of Hor
ace K. Dodge, nntomobtle mnnufne
ttirer, was filed yesterday In probntc
court. With the exception of n few
immlnnl nnntiitles It provides thnt hts
estate in its vast entirety ro to his
widow- nml fiis two children, llomee
1.. Dodse, Jr., nnd Mrs. Delphlne
DoiIkc Cromwell, wife of Jnmcs II. It.
Cromwell, of Philadelphia. The will
contains no reference to tlio extent of
Mr. Dodge's property, hut it la esti
mated In automobile ( ircles thnt the
estate will range between $.0.000,000
nnd Sfio.ono.ono.
Mr. Dodge signed the will November
27, the day before lie left Dcttolt for
riorldn, vvheic he died two weeks later.
It is nn unusunlly brief document. On
his nrilrnl nt I'nltn l.each shortly be
foie his death he discussed the will vvitli
Mrs. Dodge mid ciptesscd a desire to
amend it unci mnlte sevcrnl additions to
't
will! this dcv.il o in mind, ho tolc-
grnphed Howard 15. llloomer, bin nt
torney. to take the will to I'nlm Hencli.
The telegrain was sent the day before
Mr. Dodge died, reaching Mr. llloomer
shortlj heCoie Mr. Dodge's denth. llh
ndditlons will he carried out by Mrs.
Dodge, it was nnnouneecl yesterdiiy. The
proposed amendments Include benucstn
to household servants nnd old employes.
The opening bequest wills to Mrs.
Dodge nil of Horace D. Dodge's jewelry
and petsonnl belongings, fill the fur
niture, fixtures, musical Instrument"
nml music, pit tines, statues, works of
nrt, china, silver nml ecpilpmcnt of
every nutiiie in all of the Dodge res
idences. The widow also receives tin
two (iins-sp I'ointe homes, the home in
Palm lieiich. the farm nnd all ihl
Dodee vnehts anil boats of every type.
including the new jnelit which Is still
on tho vva.vs nnd which Is considered
one of the most palatial jachts In the
world.
The following bequests are made
outside the immediate fnmlly, and in
each ease the redolent to receive tho
same iiiniiunt jearlV for life:
Mrs. Delphlne Dodge Ashbaugh, sis
ter of Horace Dodge, S.-.nOO.
Mrs. I'lHuk Cnsto Itogers, nn aunt,
.$l.-i00.
Mrs. Satah Custo Ilurlingham, nn
aunt. I."0l).
Chnrles 1'. Dodge, a half brother,
$iroo.
Mrs. l.tt.i I-'crguson, .1 eousiu,
.$1.-(K).
Mrs. Mae Thomson McNutt, bis
wife's sister, $1.(i0.
Mis. Cntlierine (irattou, his wife's
sister, $1."00
Willlum Thomson, Mrs. Dodge's
father. .$110(1.
All the rest of the net Income of the
cstnte is to go to the widow for life
to bo paid (tiatterly. On the denth of
Mrs. Dodge the trustees ate diiected to
turn the "estate over in c(iial shares to
the two children of Hoi-ace Dodge unless
Mrs. Dodge should die befom they arc
thiit.v years old. In thnt case the
money is to be held i'l trust for the
children until they are thiity jenrs old.
MELLON QUITS P. R. R.
Directory Board Member, Mentioned
for Cabinet, Resigns
Directors of the I'cnnsylrnniu Ilnil
road Co. vcsterda.v incepted the tesig
nation of Andievv W. Mellon, of 1'itts
hurgh. ns n director of tlio company.
Tlio letison assigned for tiie lesiirnat lo'n
of Mr. .Mellon was tlint both he nnd the j
company desiied to mold any unpleas
ant complications nristng ironi the un
dellnpil ieiuitenicnts of the federal law
respecting intei locking diiectorates.
However. Mr. Mellon has been men
tioned quite piomiupnll.v as a posvjhlc
member of Senator Holding's (iibinet.
Finuneial inteicsts have been booming
Mr. Mellon for secietaiy of tiie tirus
ury. Joseph II. (irundj, president of
the l'ennsjlvnnin Manufactuicis' Asso
ciation, being tho smikesmnn for those
intetesls. It is said that tliev have ie
celved promise-, of suppoit from Sena
tois I'etuose nnd Kno.
Ilccentlv Mr. Mellon conferred with
Senator Hauling, and it is Mild that
Mr. (Irundj went to Washington Tues
day to aid Mr. Mellon's cundidacv.
Mr. Mellon is u diiector in the Ameri
can Locomotive Co . Ciueible Steel Co.
of Americn. Toigpil Wheel Steel Co..
Middlctown Car Co.. I'ittsburgli Coal
Co., Stnndiud Steel Car Co. and the
Purged Steel Car. Co.
WOMAN FALLS 300 FEET
Portuguese Countess Killed In Fall
From Westminster Cathedral Tower
London. Jan. 1!! X woinnn visitor
at Westminster Catliedtnl vestenla.v fell
IKK) feet fiom thV cnnipanlle (St.I.d
waid's Tower) and was killed.
She Intel was Identified as the Portu
guese Countess Da Hilileia Cinnd, who
had been missing from a Chelsea nurs
ing home, whole Count (iinud nKo re
sides, He was too i'l to he seen.
The top of the campanile is pin
foetid by n stone wall four feet high
iiiul a metal guard mil. This is the
fust accident since the tower was
elected. In the summer time some 200
people nseeud it dailj. The body was
found on a sinnll balcony below. I'veiy
bone was broken.
lllv bleed.
llir, Hl'NTINriDDN llltOM) TOP
Mill NTA1N RAll.ltll.M. A I'lMI. (O
.l.in I 1 l(e 1
The lloird of Directors have thin liy ,i.
ilnied 11 dividend of IVv- per nut (73c per
vlmrel of tha preferrid modi of ihli Com.
un puvublo 011 and after I'i b, 13, Kill,
t met kin, Idt-ra of record (it the tl at- of
buhlntna, Feb 1 Cbitkn will be nulled.
A. J SMII.rv, -lriimir. 1
Annnnl vtietinrv
,.;.. SEIOM) NVTIONVI. mNK
ilJj of I'hlbidilplili,
Prinkforl I'hllit , Jan 11 Hij
At ihe Ai'iuul Meeting of the Stotkhold
ers held this tliv the following mined
v.. mleniin w rn el.x te Direiiom to berve
for tin- ensuing ton.
VV itKiill Kivlnutnn Daifel It Oreenwood
v,,niuelW Ev.im.Jr Ih.U.itl. Sh. ppard
1. ...l.lln Sim 11..V .lnhn I- ...... ... ' '
juhn liidtllK "Will Iji tu li.ntuin.i'n
Willi HI! 11 Whilaker
JllllUUV IJ JK-H
. ti 11 .ti-. ... ... ..." .....in 01 I'lrcflnrx
.. l.l ,1.1- .li.i lllw fol ni, l . ...i lt,rH
in... .... -...j ...."."- ,., , it 1 tm w.'re
11 in lnniuHlv re-ileitei John E (lonvlinB
l'..,,eni ..nd iJiinlel It Urttnwood Mii
I'rtclli 1,1
I'llVN-K ADSlIEAJii"Hfchii.r
rj .J.-" I Mi: AN MAI. MEI,llMi"o. mi":
- Mili .1.1. -a of 'J be lliintlngilim ,,,
Ilro.nl Ion Mountain Railroad ,,'i ( ,,
(iiinpiuo w lb h.-lil nt lb.. otll.H of the
C'oini'-ins '. riitHitn, lehrimrj t. 10 M
at li o'ibiik 1111011, when an el.-ttlon win b0
held lor DlrtUors foi the ensuing se,r
J D (.(Mt.ff.EY Hi, reiitrv
poj.n ir l
B.,-"MT1IE IS III REItV lill.NTIIAl
' a convention to revise, tornct and
nmend tbu lUl a of tho Detnocriitlo parly
of the el'y and county, of Philadelphia, will
no nein at nie no iir.1,1 corner or Tenth nnd
VValnut tret. tthlrd floor), oq Tuesday eve
ning, Jau. 18, 1011. o'rlnik.
, .....-r.w.H nutlllCVIll,
'tlemnorary Crmliman,
Midvale Steel
Mlihnlo Steel, throuuli Its dlvernM
ration ot iiroductc In nlwnyn In a
position to make the put of favor
able buiiineKS eondltlonii. It nro
tlueen practically cvorythlnu neces
Bary for the manufarttiro of Iron nnil
Mc. products, from tho or to
delliry to the ultltnnto connumer of
Its varlouH by-products
Thn rompanj'a output contts of
tiimmrouii Iron products, whll tin
loheil materials are nheet nteel, rnlls,
tructural steel. Mati-K ear and loco
motive parts, agricultural and "I'rlnnl
stub wlro rodn, nteel rar of all de
scriptions, rolled si eel wheels and
many minor foiina of steel.
In addition to nn nnaltpls of Mid
vale Steel the current number ot our
Market Ilevlew contains brief articles
on tnnnv other slocks among which
ate tho follow Int."
Swift & Co.
Swift International
Middle States Oil
Allis-Chalmers
Pullman Company
Sint on request for 1593
Hughes & Dier
( I'lilU. Stofk i:hnnito
I I'ltlslmrch Stock Ktrlinng
1 ( IiIii'.bo Uoiinl of Traile
Nrw lork l'rotlucii llxeban
ge
Ml ruber -
e
1435 Walnut Street
Philadelphia
Sxtruri. H13 Knee IH05
1 New Vork, l'ltlsbunrli. flevrlaml
Low-Priced
Rails
In the current issue of our In
vestor's Roview wo have analyzed
tome of tho railroad issues which
are icUinfjr at low figures, among
which are
Southern
Wabash
Rock Island
Missouri Pacific
Kansas City Southern
St. Louis & San Francisco
Market leader are summarized
with price changes, including such
issues as U. S. Steol, Baldwin Loco.,
General Motors, Midvale Steel,
American International, etc.
AsU for a free covy
BOUREAU & EVANS
UemScra Philadelphia Stock Exchang
130 South 15th St
Philadelphia
toctut ClSt Xce 319$
West Phila. Office, 7 S. 52d Stres,.
Wm. R. White. Manager
Phone: Belmont 539
Your Firs!
Step in the
Stock Market
How to open an
account
.Methods of
trading
Carrying stock
on account
We have rrenared a new booklet espeelallr
for the newcomer In 'he market, and It Is
written In a style that mokes stock market
problems readily understood.
Write for
N-10.
GUTHRIE & MeGOVERN
Members PI1II11. Hto(k Eichnnce
1430 South Penn So,., l'hlla.
Spruce CI1G Rare 3093
New York 32 llrondway
I'INANI I A I.
JAN 2. 11141 Mil UK '111 HOLDERS Ol'
Pl.OI'LI.-. Ps. RVW. KV MOCK
lltlhT CEIiriril VIKX
I'nder provlslonn uf tho Sinking Fund.
staled iiroiionald will b. reteived until 3
11 in.. Jan. II, at tho o'tlLe of the Truatew,
,"i'. 7 Chestnut atieei fur the Hale to ll
ut a prlep not cxce-dlng par. of as many
uf aald certificates as $J..,lHli will purchaac.
I'roposaN should be nddregged to
THE PENNSYLVANIA COMPANY FOR
INSCUANCES ON LIVES AND
GRANTING ANNUITIES
B17 Chestnut St Ph ladelphlii. Pa
KSS3 AN AIUDl'UM.I) mi:i;tin(j of tiu:
l,-y rorinrntiiin of thi (lfrinitntunii Il..
jM?iiHftry and llunplt it will bo held on Wvtl
iifMdiU. -Iimii ir ID, HUM. at the Huapltul,
I'tim and iht w tnLtH (.) rtnuntown at I
p m , w h 11 the Amiuul Hopuit will Ih reud
an fteottun ut Iho numlxTH to seno an
ManuKer. 1t the next t!ir mhw will U,
held nnd Hu-h oilier buiilntHH transacttd us
may propeib lump Itefore th incttiritf '
TIU.MAS i:'ANS tiecrttary. j
Anniinl TH ration
I2?J
THE PlIll.AKI'.l.l'HIA NATIONAL ,
phll.lelphlii January IJ 10J1.
At tho Annual El tibm hi Id 011 the lllb
llihtunt. the following Stoi kholdvra w. r.i
flieted Dlreeteia of this ll.mk to wre for
ttlu . nsuinK i-iu, " it.
r.i nrii Wood
w iiiiani 11 Donner
W.i'laco l Simmons
Samuel D Warrlner
Eldridg.. It Johnson
.1 H .ward Petv
J Ke.irsley Mitchell
It'-'ir ( llr. ngle
S l'emb. rtonllutrhinson
. I -l el I 1-urt m
Alfred C ILtnlson
I.el I. Hu.
Oeo II Mi 1'idden
Randal Morgan
Samuel It'-l
Pierr- S duront
Aa 1 S Wing
fiamiii'l M Vain 1 iln
At 11 .meeting of the Directors held this
dis. Mr lel L Hue wan unanimously re
elei ted Pntbb nt
Men. Clia.lia 1' Illliin. Jr Hnwnrd W
LewlH VVilUiunS Mdddi x HoraeH Forteaeue
nnd sti phen E Ruth iv.ro re-eltcted Vice
Pit-sldciUH
llciW Villi Weil FE Cashlir
Zjut
EKilllll NTIONl. NK
I'olllld. Ipllla J.lltu.rv 1 ' ln.'t
At the Annuil Eleitiun h. Id mi the lltli
InHtanl, tin- following uentlemen viore electtd
Directors for tho e-uauing tar
-Jainuel Hill Jr. SunuilT Kerr ,
llolwrt Carson llobeus Irwin
rnuili Uncle The. I" Minor
Wm J. Montgomeiy Divid Halatead
At a meeting of the Dlrei tors held thla
dnv the fallowing OllUtra were unanimously
rt'-tleeted
WM J MON'TOOVIERY, President
H-iMl'El. IIEI.I. Jit vice Pr.aiu'nt
ritvlU.ES II rooiv'E Cashier
JOHN D ADAIR Aeat CiiHhler
W M A N'lCKEHT Asit ("uahler
Dl A.NE MOltltlS ,t HEfKHCHER (funnel
CHARLES n COOKE. C, hi"?
IHE KENSIMiTON NATION V.
I1V.NK
137
Pliilinlt ipblii Januarv , ipj
Vt nn elettlon held nn -laniiar 11 101
the following iinninl gent I. men were eleetrii
Pnectora of chin Hank for thn mxulng vein
fh.irbs Del.iny J P Williamson, Jr
ileorgn A Land -11 I bin me It VV'hlto
lIumnvoA Kufnimorlo William V Prleo
Hit hard To-pin ' I'dwin II Mnlono
llenrv O Pro d!n-r II. 1 man I. Winterer
llnrrj W Hind Mo rla I) Robinson
J Scot I Fowlir
At a 111 eting of tho Dlreetora held this
day the following orrkera were (le-Lttii.
I HARLES DEI.ANY Piesldent
(iEl)HOE A, LANPELL. Vice President
WILLIAM W PIHUE t.Hhl,,r k
OROVER C Tl IT Assistant Cashier
jijni.i-ii w. 1 w.. Assiaiitnt ejaahier
KIIEUICJHCIC J. (1EIOEH. I"...,. Mollj-
."v Assistant Caahii
, OEK1ER. Kan.. Ho
jK30N. Noti.ry
WpV lKIUU, Ca
Icltor
JAMKS It. ANDKV30N. Noti.ry
shier,
fejL uvdF
CTMANCIAI,
Anniinl Meftlnts
JIJIIJ ITNNHYIjVANIA nAlLROAD
roVII'ANY.
(Jriirrnl OITIce, llronil Street Btfttlon.
Philadelphia, January 0, 1921.
, ?he ANNUAtj M13KT1NO of the Stock
holders of. this Company will be held on
TufMliy, the 8th. day of March, 1OT1, at It
n'clpik n. m In Wltherapoon Hall, 11121
JV alnur.Btrcet, I'hlladelphia, at which meet
Irur there will be submitted for conelderatlon
nnd action. by the Stockholders the Annual
Itenort of the Hoard of Directors for the year
ended ,31 at December, 1020; the Question ot
authorizing an Increase ot the Indebtedness
of the Company, to bo made when and M
prescribed by tho Directors: tho question of
chanirlnif the date of the annual meeting- of,
and tho annual election of Directors by, ths
.stockholders! lenses of the railroads, prop
erty and franchises of the following Com
panies now nnernforl o h.rl. nt fliji vafjtm
of Tho I'cnnsjlvanla Itallroael Company, io
vvlti The Cincinnati, lbanon and Ni
Hallway Company; The Cleveland,
jind Cincinnati nallway Company: C
NO
forthern
Akron
--iimHA
land Valley and Xrartlnahnrv llnllrnBil rtnm.
panys Tho Knglewood Connecting Railway
Company! Orand Itaplds and Indiana nallway
Company; Indianapolis and Frankfort nli
road Company! 1-oulnvllle Ilridire and Term
mlnal Hallway Company: The New York Bay
ltallroad Company! The New York. Phila
delphia and Norfolk ltallroad Company: The
Ohio Connecting ltabway Cempanyt rertti
Amboy and Vt'oodbrldue ltallroad Company!
Tho Pittsburgh Cincinnati. Chlcaao and fit,
I.ouls ltallroad Company! The Pittsburgh.
Ohio Valley and Cincinnati ltallroad Corn
panyi The South Chicago and Southern ltall
road Company; The Toledo, Columbus ana
Ohio Itlver ltallroad t'cmpanyi and Wheeling
Terminal Hallway Company: and such other
subjects as may properly bo presented to
tha mce-tliig.
Stockholders may obtain copies or the
Annual Iteport of tho Company and the
necessary tickets for admission to the meet
ing on and after the llrst day of March, 1821,
by personal application ut. or by Utter to,
the He-eretary'a olrlie, Iloom 209, lirctd Btreet
Station, Phlladutphhi.
IjCWIH NinijSON. Secretary,
fr" AT TIIE jNNUAI. MKETINO OF
. ,tho Cimtrlbutora to The (Jlen Mill
SclioolM. held pursuant to nublio notice on
VViilnrsdu). (he 13th day of January, 1021,
the- following Oniecra and Managers wero
elected.
President MOHHIH KAHLE
Vice Presidents I WILLIAM JI. CABTLB
I onoitai: t hutlkr
Treasurer. .IAMI1H A. HAYi:fl
Secretnr. llDML'.N'D a IIA.tMi:iiai,Y
MANAQnitH roll TIlHKtl Y1CA11H
J IIKNHY IIAHTI.KTT
I'lIII.tP M. HHAHI-I.KS. West Chester. Pav
DAVID K WILLIAMS
JASI'KH YKATI3H IIIUNTON
CLIPI'-OHD PIJMIU.nTON. Jr.
IIDVVAHD r. OAnDINL'K
II. L. WHIT-rnMOIlR
The following will hold over, plus on
vacancy, and with tho abovo will constitute
thn Hoard of Managers:
ilV.ir.K0 J- WatHoti Thomas n. Ualrd. Jr.
William I Hlret T. c Taney.
John W. Townsend Media, Pa,
Pnrlter a. Williams I.ouls J. Palmer
J Uordon rettermun, Krancla A.Cabeen. Jr.
Media, Pa. Howard It Yocum
II ll" "fin'r (' if' H' Harrlsun 3m!th
Chester, Pa.
Also Charles C. A, Baldl. Maurice Dower
Haul and Howard VV Page, appointed by
ihe Court of Common Pleas, and Charles
l.dvvln Tox and Herman L. Collins, appointed
by the Mayor of the Citv of Philadelphia.
i:D.MUND a ILVMKHSLY. Secretary.
raf tiij: northIjKN national hank
. , Philadelphia. Jan. 12. 1021,
At the Annual Meeting of the Stockholders
of this Ilank. held Tuesday, Jan. 11, 1021.
tho following Directors were unanimously
elected to eervo for the ensuing year:
HKKIIKHT I'. (ilM.l.M.HAM
WILLIAM II. IULVKC
CIIAItl.lX M. Mct'LOl'D
TIKIMAH J. VVAKI
CLINTON . MAYKK
THOMAS DKVKI.ON, Jr.
JtlllN K. PITH
VV. I'AKK MdDIti:
THKOIHIKK K. MCKf.Kb
WILLIAM 11. IK1SSKAM
11. 11. HCIIt'KIII.KR
i:t.Mi:tt W FL'LMKIt
At a meeting of the Directors, held this
day. the following Officers wero unanimously
elected to sero for the ensuing year:
WILLI M 11. IIII.YKII. Chairman of rioard
HKKIIKHT r. (HI.I.INCllAM. President
THKODOKIj K. NirKI.KS. Vice President
UH.L1AM , HOSSKAM. Vice President
The following appointments were made by
the Hoard of Directors-
I'HANK W. KNKCIIT. Ast. Cashier
MRTYN K. IIKNNK. Amlllor
IIKItNAItl) J. ARNI1T. Notary Pubtle
II U. SCIHJUHLCR. Cashier.
fSNAT10NAI, SECURITY RANK
Philadelphia, January 12. 10"l.
At the annual meeting of the stockholders,
held on the 11th Inst., the following named
gentlemen were elected Directors to servo
the enduing vear:
William H Horn J. II. Drlpns
rieorgo Keesler Charles R. Schmidt
Oeorge n. Allen Fred J. Flnkenauer
Frank S'choble Heulen Wlndlsch
Walter T llradley V VVIIIIam Doerr
J. Edwin Rech
At a meeting of the Directors, held this
day the following officers were unanimously
re-elected-
T It pniPPS. President.
or.OHC.rc KESSLEK. Vice President.
AUTHl'lt K WKIIj Bolleltor.
OEORGE OVINQTON Asst. Cashier.
W. II. MoKKH.
Cashier. 4
Annual Meetings
PSS XUE EULITA11I.K II.LUMINATINU
2-' OAS I.IOIIT COMPANY OF
PlIlLAnRM'IIIA
I Philadelphia. Pa,, Jan 8. 19"1
I The Annual Meeting of the Stockholders
of The Luuitable I lumlnatlng das Light
I Companj of Philadelphia, will bo held at
ihe Comoans's Office. N W. Corner of rim.
I and Arch t;.. Philadelphia. .Monday, Jonu
nry 2t. 1031. nt 12 o'clock noon, when an
election win ue nem ior nve in; Directors to
aerve for the enautng year, and such other
buelness transacted as may bo brought before,
the meeting.
The slock transfer hnnkn will hn iM..
1 from 3 p. m . Thursday. January 13. 1021,
u"'" '" "i-"',', VfiJV.'.UniS'-y.-r'i -'
r H MACfOnniS ri-cretary."
3S THE ANNUAL MEETINO OF THE
-" lncoriMirators and contributors of tho
Northeastern Hospital of Philadelphia, will
bo 'heM at the Hospital, at Allegheny Av4.
iSth.ToiTnts'VM?" T,lur",Ja'r' JonuW
Election of Officers nnd other necessary
business.
DAVID D I.t'PTQN Seerelarr.
ffP R1TTEN1IOUSE TRUST COMPANY
:s 1312 Chestnut Street
I Philadelphia. January 10. 1021
I , T,1,e n7J?'1 ',;",;t,,on f?.r nirectors will be
1 held nt the Hanking House on Monday.
, Jinimry 17. 1021. ut 12 o'clock noon """"
AHTIIUH HAINES, Secretary.
Free 64 Page
Book for Wall
Street Traders
It dearly explains:
The General Rules of
Trading.
The Rights of Stock
and Bond Holders.
The Deposit Require
ments for Carrying
Stocks.
How to Give a Broker
Instructions.
Broker's Commission
Charges.
How to Indorse a
Stock Certificate.
How to Group Invest
ments. Edition limited.
Call, phone or write.
Ask for No, T. U.-338
JONES & BAKER
Specialists in Netv York
Curb Market Securities
WIDENER BUILDING
PHILADELPHIA
Telephones Bell, Locust 4730
Keystone, Race 2230
Offices In 8 Principal Cities
Direct Prlf at. Wire
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