. -y 3TV& ?R5?ifV ' -)-' v.v fzV!(i 7?-!pm EVENING PUBLIC LEPafeRr-gHILA'DELPHU, TUESDAY, FE&RTJAIIY tL5, 19ZL f.1 trr,g $725,000 ", : ';; Cohoes Power &. Light Corporation . First Mortgage 6 Gold Bonds Dated January 1, 1918 Due January 1, 1920 The Company has recently unified the power possibilities at Great Cohoes Falls on the Mohawk River near its confluence with the, Hudson River, and has built a modern hydro-electric plant ct ' ' 30,000 h. p. capacity under a head of 96 feet. This power development and its ultimate potential of 50,000 h. p. ' bear an important relationship to the industrial development of the so-called "Capital District" which centers about the junction of these two great waterways! X YEAUS 1!20 JSNDI3D DECEMIJEn J I 1919 1918 Grtm Lamingd . . . $818,756 $663,259 $484,241 Operating Expenses and Taxes . . 378,242 273,209 233,107 , Net Earnings $440,514 $389,960 $251,134 J; a lf - ' Annual Interest on First Mortgage - i ! ! r J ud, unauuuijf mio issue, 8016 funded debt) 193,500 .1 Balance . . . . $247,014 Net Earnings over 2l times annual bond interest These bonds arc offered, subject to prior sale, at 91 and interest yielding about llA 2m j" ,,f. When, as and if issued and received by us, and also subject to the approval of counsel and authorization by the Public Service Commission of New York, Second District. Potter Brothers & Co. 5 Nassau St, New York Coffin & Burr Incorporate! Drexel Bldg., Philadelphia Tliln Information una tlie stitlollra iinvo ixcn ociainea irotn rourccs are not fruarnnttfrJ. liut Mo txtlhve to In accurate. New York lionds dau:h in noaot A O'd M ov A Wet h Hud 7a , 1 1 10 '.4 1.,.. 104 C Alteshtny V'y Denmark Con is. 11 II 4s A ct 8 1 OUi A OS Amn HmelU 10 f9 ltet'it Cs I'.n 6 II (I M 3 T7tt It -U'A L 1 78 1 4H 1 78 UtUUMll 6 78 2..... 43 Am T & T n Den it It II 4 3..,.. R3 S 03V. II 63 Do Can C 'J I !! 81 10..,,, 00 Si 0 81 U Can &H Vtn T t: T ls 8 00 2 05J Do Canadn ;i, is nr.u 7 03 S OAK lo Canuilu St 1..,.. OSVi 3 02 Aru'e Ilcp'c As 2 03 1 71 Vi 1 02i Armour 4V,n Da Canada '31 1 79 I COS Atch Topelca 6 Duin Ilep'c A S'a Va 4s t 77 H 1 jjs Cut'n T V 1 3 77 Georgia en 1 78 1 88U Atch TISS l'e 1 8H14 cv 4s 'CO KH Oml i. 10 Sl'4 8'..,,, 41 Vj Atlanta Knox. 3 41 Vj vllle iCIn S 41H oavi 00 00 08 08 00 00 00 0(1 08 7 1 11 3..... 3 S N II rnclflc !i 8 08 4. ST.. C4 A.. .. E4U N'n I'nciri'i . 1 78 1 70 3 78 0 70 in-mm tf I. Is B 70 G..i.. 79 Poo U & I'. Ss 1 70 Va UK 0s wl 13. 1.. 33.. n.. 10 71'i:tl 11 n cv V Ptnliu It A Coast I. 4 s 7 73 A Coast 1. 7s 1..,. 102 3.... 102 Atlantlo Here 014 a vl 1 00 7 00 2 09 Unit a Ohio cv 2 00 8 C II ft Ohio R 3..7T. 02 S 82 Halt &UhU 4s 1 08 Halt & Uhln A 1 83 '- U3 1 08 Vi 1 63 1 42 1 41 1 41 Kris lty Co 4s BB C3 Ono'l Klro fts.PlU Cln CM & 10 33 Ut U a. Cd Gma'l Hltil 8 2 83 2.... 100 itttitdliix Hy 4i l0i 03 VI 00 00 t 00 00 00 09 It is LEHIGH COAL HAS GOOD YEAR Report One 1.... 103 1.... 102 1.... 102 10.... 102 rhll County rv 3 01 10O 1.... 100 Gov't t' n rets 08 08 08 ..08S 08 08 03 08 08 08 2.. 1.. IS.. B.. 8., 13. 10. 3. 10. 0. (I. 10. 10. 1. B. Itock Isl.l lUU J.TUI1K 'Cl IAIII It . i'll - IIhU i Ohio us C llttlU'd rets 1 00 I 6.... 102 1 01 7.... 102 1U U I' 1. C 3.... 103 & W Vjl 4o 1 CG 1 Unit it oiio s n.... mis Wii s I 2.... 101 J 70 7.... 101 II A U Tol Mlllml ii .Mun fil n r,i'(, 10 04 lloll V 7n nts 1....." 04 1.... IC.8' 1 01 0. . . . 103 .Iluil A Man In The vital importance of financing other countries America is feeding starving for eign children and almost daily being itskcd to subscribe towards the re construction o different countries. Four hundred million pounds oi copper have just been financed for probable future export. The Foreign Trade Financing Corporation is being formed with a capital of one hundred million dollars to provide for trade balances. Mariy of our factories, developed to a point of over-production for domestic uses, are idle and their products await buyer.s unable to finance their purchases here. 'IMie final development of the machinery for financing our surplus products abroad will have its im mediate effect on the prosperity of every man, woman and child in the T'nited States. ' We have already come to the as sistance of many foreign nations and arc now so closely allied with the rest of the world, that this financing of other nations and in dustries must be continued until the world works back to normal. .When the present undeserved apathy on the part of many Ameri can investors towards foreign government and city bonds has been overcome, and other nations begin to borrow both internally and exter nally at pre-war rates, the present loans bearing interest at 7ft and S' should command substantial premiums. Edward B.Smsth&Co Mil CHESTNUT STili PHILADELPHIA :kt I.STABUS1IEU IMZ Members S'ew York im J PhlJaJeliuLi Stock Bxchsnzes 105 nnoADWAr NEW YOUK AXxtirrowN POTrSVUXK l-ASION WILUAMSVORT NEW LONDON 1 75' C 7Jj C'k b O cv An 1 83 3 82 1 82 TOM Alton Sh 3 44 i 4tv: C& Alton 3i 1 37 Chi I! & 4n 1 100 07 1 20 07 2 23 07 4... . 8 07 0.. . 3 07 'i Kliik'ilnni 1 07 marl: ol i 07a i 10 87 0. ... t hi A U W 4s 3 7 31 1 CIllCUEJ Mil tClllh'duM M P d 4u ny ct 2 01 1 Chicago Mil & 1.. .. BIP ov j1 B 0.. EXEMPT FROM ALL FEDERAL INOMC TAXES $346,000 City of Bayonne, N. J. Gold Water 6 Bonds Dated Feb. I, 1921 Due Feb. I, 1927 LEGAL INVESTMENT FOR SAVINGS BANKS AND TRUST FUNDS IN NEW YORK, PENNSYLVANIA, NEW JERSEY AND ALL NEW ENGLAN0 STATES FINANCIAL STATEMENT Assessed Valuation of taxable property $97,87(M49.00 Gross Debt (including this issue) $9,556,527.79 Less Vater Debt and Sinking Fund 5,296,495.08 Net Dept $4,260,032.71 Principal and interest payable In New York Legality approved by Messrs. Caldwell and Raymond, Xtnc York City Price 102 to return 5.60 MECHANICS TRUST CO. IM. M. FREEMAN & CO. Bayonne, N. J. Philadelphia, Pa. Ohio Power Co. 1st & Ref . 7s Jan., 11)31 95,4&I.it.itoNet7.40?o Compuny Controlled by American Gas & Elee. Co. lenna. Stale Tax Refunded i'ree i or mid Income Tax Towiwend Whcleu & Co. I "coibtrs Nw York. Phlln. KlocI; liichss. I DOS Cliffttmil Street i I i Wtlh !J STOCK SALESMAN UT Vltlmtlt ffi1l(sTrfn ntiiut t. "wrltiwi ,,a ha,, A-l Crrdenllul. ,.; "."' M" "" l, ' trw uionllis -. .rni proniiii-nt ronnrvllon If nun luiii'lni ntnt. Ml JOU fur uiipolnt- J- M. S.U1.KU A Complete Digest on fie Foreign Trade Situation u featured in the curren: wut of The Kardos & Burke Review Iltal Jiy Invfsturii I J-'-II.HH mii iliioi'.sl.uut tli' t.jiuUO Copy lll I" i"'"' !r uiun rfqust for .Su 1 JB Kardos SC Burke STOCKS AND HOW: 1424WttlmuSt.tIIiUadeIpliia NVwYott rUubunh Cblosgo Hjf.Umore Dlrt.t I'nvits U'l.n V. ti. I'ATTO.N Jailer & Stevenson tu AXo chi:stndt btB. ),.,. ! ' BONDS iaS free, Yljldlnc H'iVa to B?4 Safe Bondsr Investment HALSEY, STUART El CO. Inc. Helping Investors to scloct uultablo aecurltoa U tho prliaary duty of a veliablo nivwtnicnt banker. Obviously aueh a aen-lco can bo rendered to tho boat advantage by bankers v.-lio own and offer a diverHilled lint of Government, '.Municipal, Kallroatl, Public Utility and IndiiHtrial hnidd and notoj and a Kelo.-tcd H.it of i)rifo.i'od atoukii li'fi',. fr our Tnvcntuie..i !jHiicstior,ii Xo. L-10 A. B. Leach & Co., Inc. Investment Securities 115 South Fourth St. Dell Telephone, Lombard 2C7 1.. Hdli 3.. Doti. 1.. .. 1U8 I 8itVl 1k! ... C) I C-i 'Pfi ... Tnvi 1.. 4.. 10.. r.i.. at 31 31U 31 m .11 H SIVi siw 31W M H8S Hi M'.i H.I till f.'.4 M A ti UrKjn !i V ?! C. 1 (: b. Bkyn U i: I at 1 4. 2 .... C3 illl Ceu'l 4s 'M Caniullun N'n 3 70 niyu I'Mi III Ccnt'l f. 'i 1.... 101 1 VI r... .. Ml Ills Steel li 1 ioiu 1 sa 1.... 101 H Ini Met ct 4H J.... 101 1 1 10 V. 2.... 101! 10 ioi eti nit ti wm i in; Co of u& no 1 lOi 2 el 'Inlboro H T M Ctl U-uther in 10 f.3 0 tlO Int'l Ai.Tlcult'1 1 no Corp n Os Ctl l'noino 1st 1 7&V1 2 TaHl1 M llarlne fls 8 72 1 hOI 1 72S 3 80H 1 72'i'Iowa Ccnt'l Ss LCcntl I'ac .'Hjbi (1 0HV4 3 70Wi J"l Oove-t 1st Centr'l K It of' 2 8214 Nrw J 6s B 82Vi 2 09 JiI Uovs't 4s CTi'U & O 4'js. (1 03 1 7BV.Knn C a II Ji c o cv mi 1 r.4; 2 70 r 114 4 -n. Loul' a 4'Ai 2 4 0 OCi Bt V Vn 111 C j B'n Illy r.H 2...... 87 S I. 1 B V a 3 a; 1 or.'; 10 fir. 1 cu is nr.s St U Ct S V In 0 47T1 St I & d l'rnn Hertra A 2 on; 2 01 oiv; o rm at ii & s rrun Hcrlea 13 3 734 st 1j how 11 r.s 1 0I'4 Oun Antonlti ft A 1 illy 4s 2 C3 Genb'il A I aj 1 8B it a4; R 84V4 1 814 3ab'J A I. 4n 4 B3 Soab'd A I- C.i 8 8 S'n Ilstl Tul 3j 2 82 So' 11 l'aciIU- fil 1 70't 1 70!. 2 70 1 70 S'n i'oo cv 4 Hundredth Annual Shows Dig Gross Gain An lncrcaso ot $2,001,423 In erosa ravenuo for 1020 over the preceding year wan shown In tho ono hundredth nnnual report of tho Iohlgh Coal nnd NavlKAtlou Co, made public today, Tho grofln revenue totaled $26,888,330.20. Aftor deducting depletion, depreciation nnd other reserves, general administra tive expenses, taxe, funded debt In terest and the amortization of debt dlncount and expenso. a net Income of $4,045,083.00 wai carried to profit and lorn. Tlio averaga number of omployen, tho report ntnted, dropped from 8B02 In 101U to 8009 last year. Tho total btosb pro duction per man-hour wan ulveii ah 0.2328 tone, compared with 0.2305 tons, for the preceding year. Mlnlnif oosta "show tjreat lncreaiei)," tho report continued, as compared with 1019, The increase was attributed to tho higher woko scale, heavier taxes and Increased prices of materials. The proportion of prepared hIzi-h of coal, both fresh mined and form culm banko, wan 48.30 per cent, coinpnred with 47.07 ptr cent In 1010. Capital oxpendlturca imulo by the company durliic 1320 fop additions nnd betterments totaled $716,701. 6C. The charirCH for depreciation nnd other m- serves In connection with coal mining and manicting property amounted to $1,069,791.11. Tho company !oard of mnnagero rciwrtcd that twelve stripping opera tion, including that at tch Kummlt Hill ilro barrier, were conducted during the year. Four of these operations were completed. SUGAR CR0PAT NEW HIGH 'i American Production Last Year To taled 2,005,174,000 Pounda Washington. Feb. IB. Amerlcanlsugar production in 1920 brolto all prcvloua records. A preliminary announcement ' today by the Uureau of Crop Iiatlmates plnced tho aggregato production of hert und cane uugar for tho yeni' at 2,605. 174,000 pounda, at 10 per cent increase over tho previous record output In 1310 nnd 53 per cent rnoro than wao produced la 1919. lleet sugar, at 2,219,200,000 poundii. showed a 27 iwr cent Increase over the pruvlouo record production in 191 C Iarger acreage and favorable wather are held nccountablo for the Increase. Tho t'nlted Ktute3 in said to produce about one-fourth of the sugar It con sumes, Ttr capita consumption for various periods was an follows: 1301- liiOu, seventy-one pounds a year; lsulii-i 1S10, seventy-eight pounds; 1913.1 eighty-six pounds; 1914, 90.G pounds ;i 1'JlG, 87,5 pounds; 1910, 79.0 pour-ls ; , 15t7, 83.3 pounds; 191.1, 78.7 pounds, 1910, 84.2 pounds; 1920, 92 pounds. Tho announcement notes that thn 1918 I consumption was about average, "despite the popular impression of a sugar short- ' ngo," and that the 1920 figure showed an ' increase of 1,000,000,000 pounda In tutal consumption over the previous jear. CAWTAlSSOaOOOOOU ff SURPLUS (EARNED) Vl II $2.000.000.00 Jl Are You one of the 97 of Americana who die without making a will? Neglect or too long postponement might result in hardship which may easily be averted by acting now. You owe it to your family while you are in the possession of good health and a sound mind and can exercise your own good judg ment in appointing an EXECUTOR and TRUS TEE Consult NORTHERN TRUST COMPANY freely on all matters pertain ing to your Estate and let us send you a copy of Safeguarding Your FamiV s Future 7H 77 771 77 4 R 0 78 2 7774 2.. .. 77. 3 BlSiS'n Uiulw s 4s ic iit-iKiumi iw i. . . r.n'i l oi , c. .. :,ou 2 011 IS" Wine's Bs IC llelk-'M 7i 2 ... 80 'i 1.. .. 00K, 2 80', K IMk'm rcts.RtnncIarJ Mlll- 4 HO ' liK Co Ss r. 08 son r. ONTtits.id'd Oil u( 1 t)SW Cuir rets B.. 1.. in.. i.. 4.. 1.. 08 Hor 8n l.fi'-J ino MO Cfl'4,1. V'y en m OOVj 1 78 1 !Vj (.rlilvh Vl'y ns ChlcsKQ illl & 1.. .. lis Vj StP em 4VjS I. 4: Mors 5 Dlt on 08 H Illl ni no Den- TMewulrr Ks Oi OVjO 'l OS'! 10 O'i ns -r. osvi 0'1 1 l'Hi mm ini u llll'i 101 ioi v. ion Oil 1. 77H I. 7, sav; Chlcnxo Mil ft t. 11J rry IVisi at i' v no ii . . nib il G!V!iri:ii.rd U B. C A Nwn 8"js 1 OSi 1 Chlcuto ii Nth t Wn Ca 'a7 , 1 1 03't Mlol. Chicago it .-.'til I OH wl 1 1 O0'l5ll.-1 i nnu 2 D0vil 1" i omi Miii 81V, .. HlK, . 81 ... 81H i-'t'l 0 Is ... 71 ... 7S k'.i State T.-I Co Cd 1' .... 89V4 no r,. Tnlon l'tc cv 1 83 2 83 1 l'0 Union I'n 1.... 100 U K of O llrlt 4 I'd 1021 b.-. . nnn i onvi 10 nnn o ftfUi u u o: a Hrit A I'd HiL'2 n or. is rs 'i tiR 10 ns I) o.i c vo UKolO llrlt i I'd 1020 7 S8f. 1 OSVi 1 sai U K of O nrlt & I'd 1087 1 HO 2 SO II htl CIiIcsko A Nth 70 Wesfn 7 1 70U 0.... 103 .', 70H 8.. . 103',4 Mln HI I' 4 S Chi nallw's as' Slo M 4s IU a Mexico .Is 1 1J4 3 70j 1 I0S 8 03 Mil !C d T 2nd ut'd It'ds Ban Chlaitto H 11'. . ... .in Krnn cact 4s A I'uc fd . . SO I 2 112 2 I7'i Mo IC StTi'X 4s 1.... 07S 1 .... r.nvs 1 07 Mii l'-J nn 'fl. Chlcairo : l"l z 71H1 Minn 4 Os Mo'it'u I'ws fts 1... 10H 2. .. P-t Chun Cop'r 0 V Y Ont'l 4s ... 7 8 7S Further Gain In Raw Sugar Vrw Yorli, Fob 10, The row BUirar Wiifet oontlnued to i?aln etretiKth uiiMit tlio Cuban price utabllizatlon pcliemc-an.l piiutH made a further Bain of about l.i cent a puund to 44 cents, c. I. t., ciiuul to C.01 cAitM, at which price 2n00 tonn San Dom!nKocn for March ahlpment boM to nn operator, whlio 11,000 b;iK Torto ltli.'os for prompt shipment wero pur chased hy a New York firm at 0.02 cnto In the lucal rellaed market theru win nn further advance In prlcm thU morn lnr other than tho American Hunir lie fining Co,, St points to 7.2." rents. The National and Wnrner Co 'a and Arbuclile Uron. are still withdrawn. Arrlwila of raw rutfara on Monday Included 32,C0(J bccd t'ubas to tho National Co. 48,000 hnwi tr the Wanier Co.. li'.ooo bnua to the American Co., 40.400 bam Javas en lutuo to Canada and 40, COO bass Javau to Philadelphia. The I Market Outlook I The latest iuuo of our In vestor's Review comments on the liquidated condition oF the cecurity market, and gives eomo detailed information on American Tel. & Te-1. American Smelting Mexican Petroleum Crucible Steel U. S. Rubber Studebalcer Market leaders are sunimur ited, givinn: prico changes on U. S. Steel, Rending R. R., Sin clair Oil, Atlantic, Gulf and V. I., Central Leather, etc. Ath for a free copy BOUREAU & EVANS Members I'hiladeJpMa Stock KccTictis 130 South 15th St. Philadelphia ,0bUJt ."IS-J Ile:e :! Weit Phila. Office, 7 S. 52d Street Wm. R. yhite, Manager j Phone: IJelmoni C!9 HIDE & LEATHER Bell Wether of the leather stocks after n spectacular market career now settling down a discussion of present and future status of the common and preferred also an ' article on The L other Induitry Other fea tures In Asl: for a copy PE-SG MARKET OPINION FEINBLATT & CO. Ktmtirt ef tht PMUitljUsStcci Exditm 139 South 15th St. Philadelphia nsMtBril Sres77: Itnitsi lusItOC Charles Jackel, Manager A'reel Priealt Win to R.H. Mac MASTERS &CO. Ut mbtn CoTUolteattdBtocb iica.oiV.r. 2-84 Broad St. New York - 3p? Spruce 8200 Particularly L1DERTY BONDS VICTORY NOTES TREASURY CERTIFICATES WE arc able to jjive an immediate net rrkc on any amount. BOUGHT-SOLD-QUOTED SLCURlTlliS DEPAUrMENT Commercial Trust Company Member I'eJcral Rcicne pytm Cir' Hall Square West 1. 1. 10. City Ilen.i" Ss t... . OS". Ctv Ctirtu'n us I I.'l n . . o " City Cut i: 'i 1. 3.. . TKl4 I'.. 1 ... I.'l t. Olty Mars' On t 7H 7rt 7fl sa I :i2v, i H2'., 10 lai.i Ufd-llMs ynn Krun unci 4s as na ' 'HV have orders in 1 United Kwys. of Ilavaiia 7!'js, 193G Chic. & N". Western G&h, 193G r.ouiH. & Nash. Eq. 0. All mats. (Jtilf Oil Corp. 7s, 1033 Copper Export Assn. 8s. All mats. Samuel McCreery & Co. . , IVanldin Dank lluihliiu; i Mn lors I'h!.ai!lh!a htJc't Ilxchiinc Si ko 7Slii) r.a- aaf'5 8 2iil ,0 !l"ltuhb'r" 1 Vl 1,. 7h'i Ont't J, 70 ... 81' U W Itul'li'r 7s ... HflTi 1 mm . . MiU II (I Ituli ' 1 Cliy il I ll!i - ... Ml Hi S. : PDH r .i r i.' 7s rctsl i i. .. mm;. .. 101, n t. HilW '.' ... rtl a.... inin i.. . 101H N Y CM & HI i lVrln i' . . . 1.". "1 .. IM .. 011 . . P.1'4 'J.. .. I'D C .uilili 1 fli 1 Mil fl'il Cln fhl , W I om Ii ' 1 c.i?liNw ',( ii( - x. i'i ii en en a r, . . or.'4, i. Kt Lo 0J N'-w V IJ II Ji W i. I . Srt II .'IV , .-... II to '.' ... Sliigl C Colli it . i iKin K lltHtiv a.. B :fi liiy'u '.i Cm;'it 7uli 4. V C0i IlfeorJV il N V Tule t' 1 tO'tl ft 77 H Cons il liiii ' IS 77 H' im 1 4 Kew YVKI lii4 ... 'i'.i ht- .1" I'M, . .. (P.-.H , . Ill II .1 l.-.4 Vn Hly A I1 01 Vsst'n Mil i r.ouis il ! s. ... n.i'i HIHiWn l'ftollli.' ut City of Phila. 5" a Donds, 1970 At 103 3! & it. To Net About 4.S0M HARRISON & CO. U5S0UTH FOURTH ST., PHILA. vti'rrj ev i'orh on I 1'hllatleliKa ito fc JVsi'ni'i Wc arc interested in Tennessee Power Co. Gs 1962 I Portland Ry., Light & Power Co. Cs 1942 Huntingdon Dev. & Ga3 Co. 6s 1936 OsUiHgJUs ;. .'i, Vera yew Yori: oi.,' v ; :.".jjjl,ihta tltock Lxchanijeu 321 Chestnut St., Philadelphia ' i... . ' ...' limn c n 4. . . Host h 1 40t N"fK r'n i in ii r.ih bi North W'sstcm hi Hi Hll Tel 7s (III dSli fi-l'-. 04 i 1. 1 Liberty oV. il.lhrrtv 'M t,'.. Liberty 1st '1',h. .Liberty '.M 4V,h-. Liberty 3i! 4Vh. Liberty 4th 4,iu. Vie Notes Wm... Vie Notes 4ln. . . . (IH it'i-u m.lrt sit.74 fj7.:m Hll. no no.i.s 87.00 07.211 07.2M I "' u :.ifu- 7s 1 vXiirCl niiiiwinsniilir If V" T Tl 1 !riv WB0 3ol"L0w coiixctwa 1 LinUtl Bni'-r-bi-.itabM,ta 1 'Sli- 111 CI1WA.N ntlNTWQ HOUS5 i l . l.. 1. l. t 4 10 4 4 l.o 111. 12 Sit. 74 S7.2II KlI.S'J 00.10 87.14 117.211 07.21 tiH (iSH t)R; 0HH iws n; IIMV, 11.15 t. r.i 01.12 Sll.74 K7.:ni Mi.no IHI.LS 87.14 07 20 07.2-S SALESMAN A "W TI L L - KSTAHLISIIEl) hou-e, dealinif in hijjhev,t M'udi' iiivestment issues, olTen: un unuBiial opportunity to man of 8011111.; nbiUly. l'r.vinud experience in linr.n v'.a. l)v..-iincs!i essciitij'.l Lut lint aln-v.l .ti'ly net'fssaiy. . AdJrus.1 A 030, Loilgor Urlko. Stockwell. Wilson & Linvill Certified Public Accountants Land Title Bld(r., Philadelphia I'. J. VAN IULL1AIJD aCCOl.'M AN r-AUIIITUK y f -ic Only in VEDKKAI. INCOMli TA.THS tttn4r.u ! ''iixuns Tat tstl lUtrt.tu ii tftmnjl Hrrnv ir,j nri. kkvaiu thpst hi.tmi. IKr SIK "it7 Investors' Pocket Manual A copr of our 1921 Edition wilt lr tent you without charije, on request Scott & Stump InvestnAent Securities Stoclc Eschang;a Duildinc 1 I'I Al'i-,1 I'liiA. I'A 4u Ksthtnsr I'lurr, Nri York Better Tone to Business A demand for goods is reviving. You can sell with greater confidence to those whose financial worth and paying ability justify credit, when you have The Unlimited Policy of The American Com pany guaranteeing to prevent, else pay, bad debt losses beyond the normal. In any emergency of credit accounts there is nothing so strong or so safe as the Amer ican's Policy. It would take but a few minutes for us to thoroughly explain to you the advantages and real economy of this broad, protective service. Write or phone. Partntntt U Pc!:.c;hcUtr: ever $1 0,000, COO. CO -AMERICAN CREDIT-INDEMNITY CO. of NEW YORK E.M. TREAT, president ISSUCO OTAKSAnO UNUIMITBO rOLICIKU V. J. Mnrphy, Slanngcr .T. F. McFaddcn, General Agent Mutual Life of New York Hide Phone: Filbert 5502 Philadelphia, Pa. Tucjuuunuuuuuui TiuuiiLiuucrar 5 ' ' mi if I fsfX jk2?T' ' sum hmJZ CA S S A TT&CO. for nearly a half century has been aiding an ever-increasing clientele in the con servative investment in high grade securities. The advantages of this broad and seasoned experience arc at your service. Wc should be glad to analyze your present holdings, or to advise with you in the conservative investment or your fundi;. The current issue of "Cassatt Ufferings ' describes the many advantages of Rail way equipment Trust Obligations. We shall be glad to send you a copy. Kindly ask for Circular Iw. CASSATT ? CO. Cs(abthrJ 13T3 COMMERCIALTRUSTBLDG. , PHILADELPHIA BALTIMORE NEW YORK PITTSBURGH SCRANTON I! TIME FOR YOUR UMBRELLA AND RAINCOAT I CllOM the tnos: reliable sources Information x comes that the financial barometer is rolntinj; to storm. Dcrk clouds arc gathering. Already tew drop of rain arc falling large and unexpected failures. Are YOU protected as to your creditj again-.: the coining of a financial stor.a ? Note is the time to prepare not after tl.e trouble has started ond your co-ouuts huve become bad. 'LONDON Credit Insurance is your eures: protection. It is not n hope or a promise it Is a guarantee. On our policy, you get your money within forty-five days surely, ov failed accounts. It H no time to 'wait and te.' Ask for our re;rcsentJth e to call todt.'-. The reijues: des:i'c ol-llgue - -u. oim surca- SETO1CU Istes Raid In Arrrican Currency Sp k- AT OUI. SERVaOi Established Ortiteen Sixty-nine LONDON GUARANTEE AND ACCIDENT COMPANY LTD. It. A. IRVINO, General A,:ent rw..e U.-..HrJ ;ii IHILAl'SI 1H1 . l'. l-UX ! : II 3 II - i Harrison, Smith & Co. INVESTMUNT SECURITIES 121 SOUTH 5TH STREET PHILADELPHIA TELEPHOMI LOMBARD C TOO WeHbuch t'o. 5h, 1930 Lehlsh H. New Knttliind lut ?, 1915 !Inrkct St. Kiev, lbt -Is, 1935 Cnnsolldntcd Truet. N. J. 5s, 1'JJO Charles Fearon & Co. ;t33 Chestnut Streit Morris Brothers Co, l.'slnbllalird laftU Bonds for Investment Municipal and Corporation 1421 Chestnut Street DAR SILVER Bar BlJver was Hi lower, a.' tflndorj todp.y, 3tTiJ, In Moore, Swnrtz, Hindle & Clark ACCOUNTANTS Iscoms Tx Ceil Srilemi Audlli Snrncs 11T7 uiu:r lIUILnc.'n Lawrence E. Brown & Co. CEiUlHED PUBLIC ACCOUNTANTS lean itiui, Ksr.VTU tuuht ni.n.i imtstlssl und itdjimt itsrlnsrslilp uj diwiuu i itrimu. 'Ltrn-",""'T",lT---Tiin STOCK SALESMEN H'c hTe nn uttrnrtUr proiiosltlon for lo rnvrlftirnl sluik Irsint'ii, llfffrtiirm requlrnl. Kfply Dx A-&:s, Idior OMoe. 1""l T?! Ill" IHSMTliMll.l ? - --- i H.L.Ssf9rHftC0 INVESTMENT SECURITIES ,11 1009 Land Tille BUjr, Spruce 0721-2 HV - -r -- . -JA Si I s t L( $M m&8mt-MMWfoMj4 i$sl)V,.VwA Aa, Viwwifefilfh')u-!iVWyu.o V iVj. .,Si jtHmfttSliiii 1 -. ; wiSS rv3tt 1i fj'J a Jl dm ?M.t-Vi,Ts, v l"M,l gft.
Significant historical Pennsylvania newspapers