v "H"1 . Jf EVENING PUBDIO LEDGER-PHILADELPHIA, THTJKSDAY, FEBRUARY 17, 1921 21 -i '"WTWSWW' - ryimt"w n,fwti v v' 'srr w,sr .'-- JV.W ISSUE 3,000,000 The De Laval Separator Company Ten -Year 8 Sinking Fund Gold Notes To beMated March 1. 1921 Interest payable March 1 and September 1 To be due March 1, 1931 Coupon Notes in $500 and $1,000 denominations, referable as to principal Re.e.m.wi ?A 5,I?.0,e,r Ut n.!n!? ""'""Pt by actio" of the Sinking Fund, on any interest date on not less than 20 days notice at 105 and interest on or before March 1, 1922 and at i of 1 per cent less for each six months or part thereof thereafter, but not less than 100J4 and interest. Interest r-j .w .... , uUUv..uu .v. iwuiui i-cjcrai income lax not in excess ot t. Authorized $3,000,000 To be presently issued $3,000,000 THE NEW YORK TRUST COMPANY, TRUSTEE We summarize as follows from a letter dated February 14. 1921. from F. J. Arend, President of the Company Business: Founded in 1885, the Company is the largest manufacturer of cream separators and other centrifugal machinery in the United States and Canada, producing over 357 of all sold in the two countries. Plants are located at Poughkeepsic, N. Y. and Peter boro, Ontario. Security: These Notes will be the sole funded debt of the Company. While any arc out standing no mortgage or lien except purchase money mortgages can be placed on the property. According to the consolidated balance sheet as of December 31, 1920, of the the Company and its subsidiaries, net tangible assets, after applying proceeds of this issue, would amount to more than $12,000,000 or over 4 times this issue, and net cur rent assets to more than 59,000,000 or over 3 times. Earnings: Net earnings available for interest and taxes for the last eleven years are reported as follows : 1910 S1,7;0,299 1014 $1,664,046 1918 $1,687,219 1911 1,488,343 1915 2,018,561 1919 1,705,075 1912 1.644,091 1916 1,602,113 1920 1,100,000 1913 1,769,892 1917 1,597,939 oo Ptir.timtttd) In these 11 years net earnings have averaged almost seven times interest on this issue. Sinking Fund: Beginning September U, 1922 there will be a .inking fund sufficient to retire $300,000 Notes per annum, at not exceeding the redemption price. If Notes cannot be purchased, they must be called by lot and redeemed at the prevailing redemption price. rAll legal matters pertaining to this issue of Notes mil be passed upon by Messrs. O'Brien, Boardman, Parker & Fox, Counsel for the Bankers, and Messrs. Davis, Wagner, Heater & Holton, Counsel for the Company. Delivery mil be made on or about March 1, 1921 in the form of temporary receipts of the Company exchange eible later for definitive Notes. ,Wc offer the above Notes, when, as and if issued and received by us and subject to the audit of accounts and approval of counsel. Price gSYz and interest, yielding nearly 8.25 Dominick & Dominick White, Weld & Co. Mew York Cincinnati New York Boston This information and these statistics are not uuaranteed.'lut have Icen. 06 taint.d from sources toe belicic to le accural t'. TO THE HOLDERS Or First and Second Preferred Stock OF THE READING COMPANY: In order that the holders of First Preferred Non-Cumulativo Four Tor Cent Capital Stock nnd Second Preferred Non-Cumulative Four Per Cent Capital Stock of the READING COMPANY may bo properly represented nnd their rights protected in thu proposed plan of dissolution of the READING COMPANY, under the decree of thu United States Court, in the dissolution proceedings brought hy the United States, tho undersigned, who hold or represent substantial amounts of such stocks, have constituted themselves a Protective Committee. A formal agreement is in course of preparation which will shortly be lodged with the Now York Life Insurance and Trust Company, of which duo notice will be given by publication. In the meantime, the undersigned request all holders of the two classes of Prcfened Stock above mentioned to communicate with A. Iselin & Co.. No. 30 Wall Street, New York City, giving the amount of stock held by them, respectively. ADRIAN ISELIN, Of A. Iselin & Co., 36 Wnll St., New York City. ROBERT B. DODSON. Trustee, J. A. Garland Estate, U Wall Street, New York City. EDWIN G. MERRILL, Piesidcnt, New York Life Insurance & Trust Co., 52 Wnll Street. New York City. WILLIAM A. LAW, President, First National Bank, Philadelphia, Pa. UDWALAUER, WICKERSHAM & TAFT, Counsel. r Ti:n, nhw youk, kkbruaky ieth, 10:1. 1812 1921 THE Pennsylvania Company for Insurances on Lives and Granting Annuities TRUST AND SAFE DEPOSIT COMPANY Capital and Surplus $7,000,000 Member Federal Reserve System linnui vruKrr onriCK. Clieitnnt and Juntuer Htreete 517 Chestnut Street Philadelphia READING COMPANY Common Stock 1 he undersigned, by request of holders of large amounts of common stock of The Reading Company, have agreed to act as a committee to represent the holders of such common stock upon and in connection with the reorganization and readjustment of the prop erties and intcr-company relations of The Reading Company, The Philadelphia & Reading Coal and Iron Company and The Philadelphia & Reading Railway Company, ordered to be made under the decree upon the mandate of the United States Supreme Court, entered October 8, 1920, in the District Court of the United States for the Eastern District of Pennsylvania. The Committte from time to time will publUU further notices to the holders of common stock. Dated, February 16, 1921. SEWARD PROSSER, Chairman President, Bnnkera' Trust Company. N-v York Pity II. W. JONKS. Serreliiry 10 Wnll Htrret. New York. N. Y. MORTIMER N. BUCKNER President, The New York Trust Company, New York Cit) wiiiti: CASH. Conneel JOHN H. MASON president, CommerclRl Trust Companv, i-iiiiuucipma, i-ennsyivania Committee GOSSIP OF THE STREET IMPERIAL COUNCIL MEETS Ti Session Such as Held Only in Crisis May Be Duo to Crown Prince Intrigue or Siberia LANGD0N CASE Them nro many In tho ipcetilatlvo oicinent .who nro dlxpoKuil to tnko the ojil I siilo of the tnnrkrt nnd to look for ViRoroiis ndvnnccH in ntocki followInK the wont movement In United Stntes htcol common. The head of one lnrRO eommlfdlon house linn expressed himself us beliiR positive that, with thin start nin,i unwnr,l movement, the market will heenme broader nnd more active nnd continue ndvnncing for n long period. T.T"p.re '" nothlnc In tho trndlnir In I nlted States Steel common, however, that can he regarded as Impressive, most of the buying coming from houses that nave often acted fop Hiircnliitlvi. nlimirers and there is mi reason to believe that these buyers have nny special Informa tion In regard to the affairs nnd intern tloiiM of fnlted States Steel or anything outside of common knowledge of tho market situation generally. They are strong enough, houever. tn ererl 11 de- termlnlng Itilluence on price movements, find It Is possible that bulng orders on fi fairly lnrge scale may coine from these interests. 'enernlly. this bulng Is not looked "n with satisfaction hv those who are often identified with sustained bullish operations, and t Is expected by them that even If higher prices are forced u some, stocks, It will not be long he lore those who nre buiers turn to the sell ng side nnd dNpose'of their holdings without regard to whether the opera tions result In profits or losses. Outside of this Interjection of profes f onal speculative Interest, the market situation i regarded as essentially strong nnd would be nil the stronger if it were not for the efforts to crentc outside Interest by reports about coming spe cial developments, such ns the declara tion of a I.ihertv bond dividend on I nlted States Steel, that has been made to do duty on t,o many prcviouH occa sions. It is said hv one nf tlie Inrifest brink . Ing dealers in' foreign exchange that the thinks it would be difficult for tl OKI NAMES WEST POINT CADETS Governor Sproul Picks Three Men Prom Harrlsburg Ilarrlsbtirg, 1V1. 17. Three mem bers of IlnrrlsburB units of the National Mtiinrd have been appointed by (!ov .criior Sproul to the Vnltcd States Mill- turv Academy nt west rnlnt. 1 lie an nouncement made lij Adjutant fieneral Henry is to the effect that several states liaxlng fulled to appoint guards- 1 men to cadetships tn which they were I entitled I'eiuisylvunia received three I additional places, The men named were: Private Wll- 1 Ham Italbert and Private .tohn V. pnCQQCrV Hlack. Harrisburg, fompany 1), P.lghth rnccocu I Infantry, and Private Kdwnrd l'oehl, I Ilnrrislmrg, irnop l. first (in airy. Tohlo, Peli. 17 The elder states men, (he Imperial advisory council consulted by th" crown when nuestlons Liberty Bond Specialists "YANK" WEDS AT C0BLENZ of grave national difficulty nrlse, con lcrrcd here Tuesday. It was an nounced they met to "conIder state affairs." Th-' conference of elder states men may be due to the Intrigue to annul the Japanese crown prince's j'i'trothni wblch caused a sensation In lokio hist week and wus expected to entail the regeneration of Prince lnmngntn. one of the elder states men. The conference mav be con nected as wi,, t, Siberian ipiis tiou and the disarmament agitation. I'lie American (Snvcrnnient recently urged the Japanese (iovernment to ex pedite it. 4 r,.,,y jo the American note concerning the killing by 11 .Tupanesc sentry of Lieutenant Warren H. I.ung don. of the cruiser Albany, in A'lad ivostok recently, pointing out that it is awaiting a full explanation of the inci dent. The Yomi-I rl Kliitnlimi ,-ninmn...l yesterday thnt the army authoritlex and the I-oreign Otlicc entertain dienting views on the subject. 'Discussing the KiMcrnmcnri position, tlie newstmuer the ciinrf . martial to punish the sentry because his 1U.-11011 rnneu for no punishment. More over, it M,ys, his punishment would re sult in an outburst of national feeling. On the other hand. If tho, sentrv is not condemned. It will place the govern ment in tiic position of Ignoring the demands of the fnited States. The loini-Pri adds: "Hoth the War nnd Foreign Offices are Inclined strongly to insist on tho reasonableness of the sentrj's attitude 1 from the standpoint that the policing right in Vladivostok was intrusted to ' me .inpanc.se Annapolis Banker's Son Marries Girl In British Delegation Sprldl fMblr llttpntrh. r'wiyriaif . I'll! Paris. Feb. 17 Lieutenant Richard Ogle Welch. Kighth Infantry, fnltcd 1 States arm, stutioned nt (Vihtenz, son ' of nn Annapolis banker, was married jesterday to Miss Lucy Abbey, daugh ter of John William Abbev, of York shire. Lnglnnd. The wedding was the j result of a Uhineland romance, the bride being a member of the British delegation to the Hhineland high com- I mission. Coupon and llvgistcrcd Isaac Starr, Jr., & Co. N. K. Cor. 16th and Sanson! Sts. Member Phtln. Stock Exchange and .V. '. Cotton Exchange licit l'honrs pri-cc .188-.1S2-.?f81 lrvtone Phones Ilace SU0-2U1 Camden County Baptists Confer ' Camden county Haptlsts nre attending the regional conference in Pirst Hup- , tlst Church, Camden. P. W-iylnnd' Ayer, of Camden, presided at tin' n'l.'ii ing. Dr. Kinnry W. Hunt, pn - n nt of Hucknell 1 niversity and f.ciner president of the Northern Hnptist Con vcntloti. spoke The work of womuij in the church was discussed In Mrs (leorge Swift, of Woodbur. 1 Northern Indiana Gas & Elect. Pfd. American Stores 1st Pfd. B0ENNING, GARRISON & CO. STOrK l'.Xt'HANOK IIVII.tllNfl Illrfs-t rrUii.i- Telephone tn New York Mrmliern I'Mlii. Htuck KtrlmncQ continued strength of sterling which sold I a new iiign, since Inst July, that the chief feature of thut market l that it is absolutely bare of supply nnd the sume thing might be said about the stock mnrket. It has been commmented on that offering of actual stock have been extremtly small, with the floating sup ply in the Street constantly depleted until it is now the lowest in amount that nny of the active brokers can recall. f Some interest is shown In the manner in which motor stocks are bought in recent trading and special attention is t.fll.l ... V....I..1. !... ...! .!.... II . . , .1... T...., l... i . i(.m. ... .itinirimnt'j huh vyiiuutiicr minors " .'fii'iuiusij uriny uy wie consular 1 interests ..ft.... t.ln.ittfinrl ..lilt inn..L'nt hfiilv !..... I .. .1... T-..I....1 C!...... 1...1.I- ..... .. -, -. in .. ...L I..I I. I . .....I ,!.. 1.1 , I '.. .11.-11 . 41:. .HIT lllll'fl mil I'S lllllll, 1 operations in those stocks talking about I that she did not intrust such u right coming material udvauces being in pres peet. The action of .ie petroleum Issues Is aNo regarded as extremely favorable una lr is asserted liy some ol those to the Janancse. however. .Iniinn obliged to treat the questions of policing and the shooting as separate mid distinct." . I he Yoml-I'rl believes that .Tapani ....... in ussi-iu-ii uj Buuiv ui neit i i ne iomi-1 ri neiievcs ihat Japan watching the trading in these stocks that i will reply to the Pnlted States, nrom- lf .1111 ..n l.n l..... Iinrn.i. .!.... pm.d ...I. J. !.. ..... . . ' . 1 r i Financial Fables'The Rainy Day" Once upon n time there wus n man who lived up to every cvnt e earned lie never Bftved. And when thnt "Rnlny Day" came, '" found himself minus the necessary "umbrella." Moral: It ig better to save now, than to be sorry later. -V small sum down and a small sum monthly will buy nny p ,Q bette" firrndo New York Stock ExchaiiRe securities, on our In 1r!a,mcnt Plan- Send for our booklet, "SaviiiK und InvesU '"R. wliich cxpains it fully, we will cheerfully send you copy " request. Alan A. Alexander & Co. STOCKS and BONDS .. , COLONIAL TKUST HLIJG., PHILADELPHIA "HI lA)fut R8tO.I-iS.ll-4 llmntli Offlfe h'j.Ioi.ft ltuce J071 Ilrhllfton, N. .1 "AVl( i.,.., ,,...,, ,,.... OU.AHS ea.h on Bcrolin, u, "".crlp.lo,, , ,ork f M1.Tno. ""I .til ,,,,,1 .., -j,,,,,, tof,,e 0ln u?L a"U ""rrlplloi, for ".!, I.dicr onicc, rt CUT RACKS Any Length ACME GEAR CO. N.W.Cor. 7th & Wood StsPhlln. Anaconda Copper AliliriiKli Konerolly regurilea an tha world's premier copper producer, Anaconda's operations have becomo no diversified In recent yenrs as to mako It a Iiuijo Industrial enterprise. In addition to ltd tremendous out put of copper the company Is also probably the lending silver producer. It Is engasrisl In the zinc business and the manufacture of phewphate. Lum ber und oil lands and a railroad nro al.o controlled by the company. Tho current lh.sue of our M.irltet Itevlew contains a thorough nnalysln of Anaconda In all Its phases. Among other htocka discussed arc: Erie American Con Elk Baainetroleum United Verde Extension Sent on request for I.-00J Hughes & Dier Mrnilicrh ehuiiE. TriviJ. icnanst 1435 Walnut Street Philadelphia Bnrure MS tw Verk Vlltibarih IllCf 1M CIetUo4 HIDE & LEATHER Bell Wether of the leather stocks after a spectacular market ' career now settling down a discussion of present and Future status of the common and preferred also an article on The Leather Industry Other fea tures In ,!; for (i copy PE-Xj MARKET OPINION FEINBLATT & CO. UtmUts of thi PMtslAfhli Stock Bxthangt 139 South 15th St. Philadelphia titott: MJ Spnct T27 KiritM. Itc UM Charlts Jaekel, Manager Direct Prlcatt Witts to R.K.MacM ASTERS &CO. Sfrmbers Consolidated Btoci Kxeh. oS.V. 82-84 Droad St. New York it will not he Ions heforc vicorou ad vancos occur in Issues like Mexican petroleum, Iloyal Dutch nnd 1'an American. Success of New Financing Ilonil men, in ilkcussins conditions relative to the trade, say that in their opinion there are many factors con tributing toward success of new financ ing undertakings, Including the showing up in commercial activities which, in a l mcasuie. lias released some nf the so- called "frozen credits," the practice of ! thrift on tho part of tho public, which to a cotisiderahle extent has been brought about by those interests that were endeavoring to gouge the public in the matter of prices churged for com boclitles. Toilncts, etc., and home also profess to believe that the operation-, of the Volstead act have been nn in tlucncing clement in the investment situation. Naturally, with the narrowing down of business generally, money which ordinarily would be used In the conduct of general mercantile lines Is free from employment elsewhere and the purchase nf securities h the most logical channel for It to seek, nnrticulnrlv because of I the unprccedentedly attractive income return ohtninnhle through the purchase of the multiplicity of high-grade secur ities which are now available in the open I market. j Heading fieneral 4s Although the Heading segregation plan, an tiled In the I'nited Stntes Dis trict Cturt. placed the amount of gen eral mortgage bonds at $1111,521,000. this represents the condition a of De cember III, lilt'.l. the period covered in the last annual report. The amount of bonds actually outstanding lias been re duced since that time by $1.0(i().000 to J'.H.StW.OOO through purchases for the sinking fund in January. l'.i'JO, and January, li'-l Under the segregation plan, the Head ing company is to receive .'J per share on its stock from its own stockholders, or $.",(1(10.(1110. and $10,000,0011 in cash or current assets at market value from the coal compau) , making a total nf S15.((00.0(l0 In cash or cash assets. Tajment of a 10 per cent premium upon the $(H,M4,(I00 general mortgage hond-i actually outstanding would call for a maximum sum of $ll.4SuVl()0. giving the Heading iumpany from this transaction $0,113,000 cash. The general mortgage provides n sink ing fund of fie cents a ton on coal mined from the coal lands. Outstanding general mortgage bonds have been re duced $ll,2.SO.00O to date through operation of the sinking fund. Long-term Honds Lower Prices of high grade long-term bonds, which have been actively traded in over a scries of years, recently have shown n tendency toward lower levels, this being brought uhout entirely by tho ut trnetiveness of the newer offerings, which hac been made showing such high income return on the investment. It Is perfectly obvious that either the older issues must come down in price or the newer ones go up in price, so that n nr,Twtr iiinn f l.i ,1 nf tlin tti'.i Id r!inlit,jl 1- ,..i.,'.. i., -- ." .. I...... and, therefore, it lias not been surpris I ing In the trade that (he price changes recorded should have taken place, he- cause it simply represents a readjust ment of quot.it inns to meet thu newly created conditions. Cut In Steel Clinches Iluslness Hecent independent steel price cuts "have met c. tations" in the words of the Iron Age "The price cuts, clinched business Itnowu to he urgent." observes that journal, "but lime post- pnneii these purchases wliich could be; held back for the lime being." Huiuois of prices below tlio-e of actual transac tions were to be anticipated, making it rnther iliflicult to get tixed ideas about the lowest dependable prices. Soniu bookings have been made at the steel corporation prices and in others ut $5 below that schedule. lluying is said to be dropping below a quarter of the country's capacity for output. I mlii-." t inn-s point to a gradual recession in production through the next few weeks. In some quarters, general conditions arc looked upon as favoring the formation of n basis from wliich a normal demand mm develop. tiu: TH.vunu. King compensation to Lnngdon's fnm Hy. The reply will he accompanied by an apology for the incident, the news" pnper thinks, but Japan may refuse to punish the sentry. Tho Jnpanese newspapers print what they claim to b an authorized communique maintaining Jupan was right in assuming thnt the consulnr body in Vladivostok had entrusted tho polic ing of thnt city to the Jupanese army. The stntement is the outgrowth of nn announcement hy the American con sul in Vladivostok that his go em inent was not awnre of the arrangement. Today's statement alleges that although the American consul wns absent from the finnl meeting of consuls nt which Japanese policing was agreed to, he did attend the preliminary meetings nt which policing by the Japanese was ar ranged. Moreover, the statement says, the consuls of the other nations dis tinctly approved Japanese policing. Washington, lVh. 17. Ishiwara San. vice minister of the imperial household, has issued the following statement In Tokio : "Tho Kuropenn tour of tho Japa nese crown prince will be mnde solely for education and making observations in the various countries. It is hardly necessary to sny that his Imperial high ness has no other object or mission After a sojourn in Liiglnnd, his imperial highness will travel to those countries closely connected in the late war. "As it is essential for the crown prince to make his visit while the ef fects and ravages of war and the re suiting changes in Kirrope can still be witnessed, the present tour hns been hastened. As his imperial highness in to be away only six months, there will not be time enough for the prince to visit America. Consequently. his American trip has been postponed until another favorable opportunity. "It is quite usual in Kuropenn coun tries fur tlie heir to the throne to isit foreign countries, hut in Japan the present event has no precedent. Wo an ticipate the crown prince will be greatly benefited hy the tour." Y. W. H. A. In Concert Tonight The Young Women's Hebrew Asso flation will give its first annual con cert this evening at Heth Israel Syna gogue, Thirty-second street and Mont gonicry avenue. Tho program will in clude singing, dances and addresses b Miss Mac 1'uster. problem of tho as sociation, and Mlehal" A. Staviscky , Held secretary nf the National Council of Young Men's Hebrew and Kindred Associations. The Market Outlook The Iatett iiaue of our In- votor'a Review comments on ,the liquidated condition of the , security market, and gives some detailed information on American Tel. & Tel. American Smelting Mexican Petroleum Crucible Steel U. S. Rubber Studebaker Market leaders are sumtnar ized, giving price changes on U. S. Steel, Reading R. R., Sin clair Oil, Atlantic, Gulf and W. L, Central Leather, etc. Ash for a free copy BOUREAU & EVANS Members Philadelphia Stock Exchangs 130 South 15th St. Philadelphia Locust S1S2 Vacc ilSO West Phila. Office, 7 S. 52d Street Wm. R. White, Manager Phone: Pclmont Z!) PRATT, BREHM & CO. Government, Railroad and Corporation Bonds Bourse BIdg., Phila. Lombard 2135 Main 3St Safe BondsySr Investment HALSEY, STUART &. CO. Inc. H. L. SMITH & CO. INVESTMENT SECURITIES 1009 Lsnd Title BIdg. Spruce 6721-2 rixwcm, Annnpl Mating 55s TIIK PENNSYLVANIA HAILCOAI1 - COMPANY. General Offlw. Drotid Strrrt Btntton. 1'hllndelphla. (1th January. 10IJ. Tfcs ANNVAL. MEETING ot the Stock holders ot this Company will b held o TurMluy, the 8th du ot March. Ir21, at 11 o'clock n. m In Wltharapoon Hall, 1S21 Walnut gtrc-t. Philadelphia, at which meat lnir Litre will be suhmlttea fur consideration and action by tho Stockholders, tho Annual Ileport of th Doard of Directors for the laar ended am December. 1H20; the question ot authorising an Increase of tha Indebtedness of th Company, tn be) made when and as prescribed by the Directors; the question ot chunKlne the date of the annual meetln of. and the annual election of Directors by th blockholders leases of the railroads, prop erty and franchises of the following- Com panies now operated as parts of the system r. Tli?. Pennsylvania Railroad Company, to wit. The Cincinnati. Ibanon ond Northern 1 Railway Company; Tlie Cleveland. AWroa i and. Cincinnati rtallway Company: Cumber. ft , KJI llf 1 ' ""d Cincinnati rtnllway Company: Cumber- Customers men Wanted i und vs.''ey a."'1 Msrtmsbure naiuoad com. VUUIW..X.IU .own ouinvu I pony. The EnaiewonA Cnnnrtin nDliw T.arc" commission nous .loinit Mrlctly Company; Grund Rapids and Indl'ni Hallway PoclC lixt'hjna- busIneM. l,,re to nd! t. Compini. lnrilannnnliM and KranWfnrt Uati. Its alreiwly Furo-jmful nriMn'zatlon seteral road Comvan ; Ixiulsvllle nrldse and Term- hljrh-clunH CiiKtomorH' Men f ruble but not ce-ncntlui i.xperii'nce pre- racial connlilora. tinned rlienti.le v.lth qualifications Salary comtnenauruto Avnite bo number a ni9 i.r.nrim oiTirr P. J. VAN BILLIARD ACCOCNTANT-AUIHTOB HoecialiMinp n ' rr.niaiAi. incomk taxes firmrrlu u-tth ncoms To Ut$ Purrau of nfe-nnl Ai-vnu mi rtnw. nsT.vns tticht ni.no. VSeetMI nr ?tT Lawrence E. Brown & Co. CERTIFIED PUBLIC ACCOUNTANTS IS30 ItKAL kstati: TKI'ST I1LDO InTestlsiitr and adjust purtnrrsbtu anj Income Tux'Hetiirns. rnlnal Hallwav Cnmnanv Tli. sj.tv Vnrt n. H.u,roid Cnmpani . New York. Phlla- i delphla and Norfolk Railroad Company: Tdss Ohio r'onnect'nir Rat way Crmpanv; Perth Amboy and Woodbrldite Railroad Company; I The IMttKbtirKti. Cincinnati. Chlcaen and St. I.ouls Railroad Company; Tho Plttsburga, I Ohio Vn.,lF and Cincinnati Railroad c.m panv. The South Chlcao and Southern Rail road Company; The Toledo. Columbus an Ohio River Railroad Company; and Wheelln Terminal Railway Company: and such other ubjects as may properly be presented ts the meeMnr Storith.iiders may obtain copies of the Annual Report or the Company and ths necenary tickets for admission to the meet- 1 lnir on unl after the flrt ilu of M.irrli. 1931. by p-rs nal application at. or by letter to, . the becretor's nfflco Room 109. Ilroad Street 1 Station, rhl'jdelrlila 1-l.WIS NKII.SON. Secretary. IHi-'ilenil. R. B. CARR Accountant and Auditor SpeclHllilnir In FCDERAL INCOME TAXES lVnn.i. Illilg. Philadelphia Phlln 1 .nhia Pa Kebruarv 17 )u;i Tl I' rw Mrj . f Wllinlnilon (Ian Compunr -i.e this d.ii- cl. t ureil a resular semiannual li Mend nf thrri- tier rent (M.IH) per aliurs) -in the Preferml st.irk of th Company nut M'.iiidinn pa.ill- Murili 1. lt21. to holders of mil I et.n k of ri orii at the cloe of huM nes rebniarv 1 lli'Jl Hooks will le . . tl from K-hruary HI 1921 at 3 o'clock !. in to Mart h 1 ll21. ftt 10 o'clock, a. ra. i hei Ut v. Ml bo mailed C 11 WKAK. Secreiars. Moore, Swariz, Hindle & Clark ACCOt'NTANTs Income Tax Coit Syitemi Aoditi spruce 1717 HTKll III II.DINO SOUTH AMERICA An.orii nn .". jim;lt' rncJnr T'nff iiri'l iniin -ri tn. litv Hi-, conecu Hvh rH Tj.fru n i in Mr r fluent I'urtuirut nl hpKnNh Ulll trufl ItirPHM -oii. i.rixirn nrnrr Stockwell. Wilson & Linvill Certified Public Accountants Lan.a TM& & ltxdtL j. m, riAiua: C. S. PATTON Sailer & Stevenson ID AM) CTIKSTNUT ST8. BONDS .. Tx Free. l'Zcldlhs i'2 to S?i ' PLAY-GOING COMPULSORY Russians Now Forced to Attend the Bolshevist Dramas rctrograd. IVIi. 17 --(Hy A. l.) CompiilHory iiIiijkoIiii; i tho latPHt or der of tiiu day liorc. Tlio Soviet Oov ernment Iihn det'repil that u fine, payable In food rntioiiH, Ih to lie intlictcd on all perBonH wlio, nfter otliclnl Invitntion, omit to go to the theatre to enjoy a rerles of Communist plays uhlch are now being produced, Hie Iiolclicvik Muwtiiautr ItabotcUl Svlus. To the Holders of the Capital Stock of National Conduit and Cable Company, Inc. At the request of the holders of a large amount of the capital stock of the above-named Company, the undersigned have agreed to act as a Committee for the protection of the interests of the stockholders. Prompt deposit of your certificates of stock with the Guar anty Trust Company of New York as Depositary for the Com mitcc is deemed essential so that the Committee may be in a position to act with respect to certain defaults existing under tlie mortgage securing the Company's First Mortgage 6'f Ten Year Sinking Fund Gold Bonds which arc referred to in the Com pany's communication addressed to the stockholders under date of February 14, 1921, and which the bondholders insist must De remedied before March 15, 1921. Certificates of stock so deposited should be signed in blank er be accompanied by properly executed transiers. State and Federal transfer tax stamps must be affixed at the rate of 2c for Federal Tax and 2c for New York State tax for each share de posited, or funds for the equivalent, amount may be forwarded by check, in Which event the Committee wil affix the stamps. A Deposit agreement is being prepared and will be filed shortly with the Depositary. Appropriate Certificates of Deposit will be issued against deposits of certificates of stock. All communications should be addressed to the Secretary ot the Committee. Dated February 16. 1921. MERREL P. liriRAM'l TKI'ST (YlMI'A.Nl Or Ni:V YiiltK llcnosltorv HO llroaila Nou Vorli STKT80.V JPNNINOS t RI'SSKS.l. iint:iv.irAN' mi:nki:.v s. urisjcom tOU1tl CALLAWAY, Chairman Ounranlv Tru1! k v lci rrerejrt. r.uuranlt ' STEPHENslC. MILLETT, Mlllelt RV Haven HUGH K. PRICHITT, Prlchltt 4 Company EDWARD W. HARDEN. Jus. 11 Coltfutb & Coniu.uij Committee HAROLD D. BENTLEY. Secretary Hfi nroMlway New York The Price History of Every Stock traded in the New York Curb and in Boston, San Francisco, Salt Lake and other exchanges, is given in the latest issue of our Free Broker's Hand Book Just out. High and low prliea tor laet month, nnd Inst year, psr, capital, dividend rates ot more than Ann aecurlties An Invalu able (tulde for those who nre pUniung to take adan te of the present technical position or the market, Memo, putfe, cotnmUeion ratea, etc. ' j'l phone or isrttr for No. TU-364 Latest available news fur nished on active securities, JONES & BAKER Specialists in New York Curb Market Securities PHILADELPHIA OFFICE WIDENER BUILDING Telaphones Dell, Locust 4730 Keystone, Race 2290 BALTIMORE OFFICE Ms EQUITABLE BUILDING Telephone St. Panl 8431 Office In 8 Principal Citlo Direct filiate Wlm H rl ft ,h.W j?-, . .lij Jlj Af. Mis Jt ,
Significant historical Pennsylvania newspapers