SSw?Sv3?T!SJS5
" r'wrip!?rp- "nf
'EVENING- PUBLIC L rDG-BR PHILADELPHIA, WEDNESDAY, JJAttCU 30. 1 1)21.
PJ
Ate
"Rails"
A Buy?:
With overwheltninn debt re
cent esrninjr statements and
the proepeci of a wage-war the
outlook for the railroads in
black enough.
On the other hand. rails are
around the lowest point in two
years.
Arc rail a buy now or will
thmv on Ioitim-?
,. , .-
Babson's Reports
ffSpecaM'e Bulletin Juf off the preae,
i M7U 70" , wain, imotaeen racii on
II the iittiatJon and ahows you where
enesa wr me railroad
REPORT ON REQUEST
Cople of the , Baiometer Letter eie
anllihle for dutrtbution to interested
Investor, grati'i
Tesrout the Menvi
now - and hand
it to your secretary when you dictate.
th morning' mall.
Mtnfy Atk for Bulletin
S4CT
Roger W. Babson's
Statistical Organization
WetlMleYHll!i,82,MM.
(Soburb of Borton)
r Lerti OrftUtum tf lit Ckumtur
Clip Off Here-
iiiitiiiimtniiilt
miifrnimmiH
Memo
For Your
Secretary
Write Roger W. Babaon, founder o( The
Baeeon araueucai unranuaivori, wenrtlty
Hillt, 87, MJ.. ss t
a copy of .- '!
noUftrn No. scj.
end ttooic'et, iititwg
the Af from Your
Ktaity" gratia.
RiM,iiinittTTC(fiM(iiinnmitHitifniim,iiHfttminmff
French Bonds
Payable in Fr.ancs1
For those desiring a
long - term , obligation J
which will give them I
full advantage of any
improvement in
French exchange, we
suggest the 6 Bonds
of the Paris-Orleans !
Railroad. Payment of
principal and interest
of these bonds is se
cured to. the Company
by the guaranty of the
French Government.
Price about $65 per
1000-franc bond.
Write for Circular .'-J.
Hemphill, Noyes C& Co.
Afembere New York Stocl Exehsni
Franklin Bk. Btdg., Philadelphia
New York Boiton Seranton
Buffalo Albaoy Syracuac Baltimore
Empire Oil Purchasing
Company
7 Notes
lMi" IHbUK)
f. V. RANTEED p r i n c i p al
anil interest by Empire Gas
and Fuel Company.
r'ARTICIPATINtt to extent
in intio of one-third the entire
profits of the company after
payment of all operating ex
penses. An investment embodying hish
degree of surety and opportu
nity for ultimatu additional
pioiits.
Circulat II on if'yi(tt
Henry L. Dohcrty
& Company
(iOl Morris lluilditig
Philadelphia, Pa.
Irleiihouri Lucnat 1110
INQUIRIES SOLICITED
on all
STOCKS, BONDS
and
FOREIGN EXCHANGE
MILTON HEIMtO
STOCKS-roQUGN rcoWMGE BONOS
-'Manama
MUAOCLSMIASIOCatXCHASai
COtlJ0UDfcTtDT0C CaCHe.ua IO
1(143 L'lioatnut bt-ret
I'lioiif-i IlrU, hprtire (WMLi-.l-t
Kejatone ItaiA 73l
74 llrondway X 489 Mil Ave , V. V.
Muinford. I on 11. Hprintllrld. Muaa
GRAIN
PROVISIONS COTTON
Our Uailu J-etter Sent on JUquctt
Hughes & Dier
(i.ldiaxo llo
J.N. V. l'ruil
ll'lilln. Htoc
ll'lltttjurth
I Udracn Hoard of Trade
Meiubtra
i-nmure r.Kinauae
k eviriianae
biock Kiuaanii
1435 Walnut Street
ernte SIS Kare 1831
Philadelphia
A Real RanKint; Senice
l made iKiaaibln bj a louiteoua Pi-raonnel
Mid a modtin banWinir Inatltuiiun llruiE
our problima here
Union National Bank
H'liei-e Inli Street Croaiei a'li.rd"
IA rilll.AUl.ljl'lUA
fF
Frederick Peirce
nons o - invest
roK OC LO. VIK.NT
m aaia cmtail Street. Phlladetyhla
WIEGNER,ROCKEV&CO.
Certified Public Accountants
Drcxel Building, t?hiladc,phi
'BW8M i
Irfd
The Rights
of Stockholders
This up-to-date book
let clearly explains many
of them; also thoie of
bondholders, etc
( also tells I
The General Rules of
Trading The Rights
of Stock and Bond
Holders The Depos
it Requirements for
Carrying Stock s
How to Give a Broker
Instructions Brok
er's Commission
Charges How to In
dorse a Stock Certifi
cate How to Group
Investments.
-'all phono or write fof '
No. TU-393
Ask for latest available
news on any active security
JONES & BAKER
Specialist in New Yth
Curb Mark Secaritlei
PHILADELPHIA OFFICE
WIDENER BUILDINO
Telephone Bell, Locust 473
Keystone, Race 22t0
BALTIMORE OFFICE
433 EQUITABLE BUILDING
Telephone St Paul 8431
Office In S Principal Citke)
Direct rrlvaie War
.".L'llKTY nO.ND.S
Fidelity and Deposit Company
of Maryland
TLATT, YOUNGMANN & CO.
400 WALNUT HTKRKT
rrvNriAT.
Phsv rirrti
T1r utwt TTvfii
rK.rrtl, I.lOlir AM IWER CO. ,
and nrfnndlnic Mori tare HCi Itonaa,
tlie rrni,m of the nmrtrata nro-
t rd-r thi. rrni,m of the nmrtrata nro-
IM-a Im f.tr ll , nr .kitnf nf till. SlnUlnir Tun 1
T.'Vi.to.,t,31a,1lB5,ea.V .""raii'n.n'falwhcn the company's earnings have not
Oimiia for Iri:riincea on I.:a and Grant- boen mfflcienl to pay a higher rate o,
Irr .-imilt. Jruetce, for tin aale to It at -, j,u,.,i
Hie lo?nt price net Tcdln- 13 ard ac-1 aiuienu.
fried lntra , of ia inanv bonde ae I , 1( ,. .
J4,4S( 27 wl.i nuu'ia-. All tendara ahould DiMonnting Overdone
be nddreuad lo the tmderalirred. ..n. ..i.. i .1. ...,:.. ,.f ,i,:j.,i.
I "i.KhSFJ'T ' A,:.?J1.IS,V.1t '
lNti Nvrrrn:. '
Ion tnoaintt: street, rnue . i.
T-ndera for Sln.iit l"und Penn CantrA'.
I laht 1. i,d I'owm- t'o
NOTICK TJ IIOI.DKK-l ok nRKin'l.
..."lrNTV '0.L AND MINIMI I'OMPANi '
rirat llortxaan ra. I'nde- tii Hit.vin. i.r, 1
nrolalun of the 11 oi-tsazo l.l otfera wl. i
1I10 office of th reimjiUMiiitR ConiDaiTy'for
on lerpiiFM uiii 1 . if. in., .inrii ra. mi -
mo wmwo ua 4i- inijifl 1 tuna. '.cniDjinv Top
!nuranciM miIJvk and (Jratitlna nnuitlVa
r..' To?? 'itivvA&wii
111 manr bondi ae Jlli.ofB.OJ will ourchana
All nropyaals should be uddr-d to the
imiUnlmpi .
l'lIK PENNSTLVANIA
C'OJIPANT
1(1 llli: 1IOI.1IKR.S OF TIIK liK-NKKAl,
'..1 tr.d iLte-ne tondj c! the No-tli Cooa:
Power Compan). 3' lii'ftet on the aboia
l.onde ha a Lrn declaiad and la puvable at
the C'ommrIcl Irnt CnMipn. P.tl adel
plila on T"I1 1. 19J1, upon iinnlei f tt,
.Mi-ll 1 11-21 rMifju'.i and n 1 coupuiu
!jln- prlr matur lies
CI.AnilNCK M. liHOWN- Prealdant
Tlldemla
I KHWhllN M1IOV4I, nNK
( hralnut' Mrert neat of llroad
Ph. idelphll M.lth MS 10-1
At the iu!ii ireelina- of the Hoard vt ,
Dlrecion of thla Uank, ho.d lh! day a '
quarlerb dividend of K prr lent. l8) -
.declared, fro of Stale tax and payable'
1 April 1, 19JI, to atocUliolJera of record at I
the cloie of buslneaa March 31 lll.'l ChecWa
will be mai'ed
I WM TI AUDI
Vim Pri'dnt and Caahl-i I
SUPERIOR STEEL CORPORATION
Marrh 2S 3921
X tli 1 " j, in iiirnlnii ri the Dlr-ttora
f tt rtuprlor S.eel Corpo.-.it 0.1 a quarterly
dMdend of l1 nn dtelated un ihe Com
icon o, '. vn'ali'.a .May 2, 1941. to Moil,
lio'd-m of i' o'd pr!l 1",, 10J1
H l SAP.U1S fcrcr-UM
oel'lt'b lit "IIIK UNITKll IMS l.Ml'JtuVfc-
N M, innier llrouil mid Arth ata.
Plillidelpina M, cli ti. lu'i
ire inf-tiuin n.if nn- 'i.' ui ,areu a
iurtei ili.'iand of u'ic uar unf (oOs per 1
anare; -',"'' i.ii i iVTii .' iri ct,al:
1 aiiT i' e..- .i. mw, .vbj. .. tti.iacra oc
Lornmon atocW rf r;nta ai tua cioaa of
bualr.eia Marfh 8J 1H21
ChacK!. wll, be mailed
I W MORftH 'IVaaaurer
'inlI)KM'lllArAMWKSiK,. KAII.VA
Norrlatown Pa.T March .". ml
r,Ih. noa.d of blractoVhas t.l. ?a" .
. iii e " diViend of one nnil one-auartir Mr I
rni:i'KnRt-D rnocw. uivideku o 21
unt wvi) 0".Jno,sy,'vu XXf Qt thla,
ftT't ".I- fnittM oVttco'A .I'rf. c'lo..Droi
BlLSinilK nnrtICK.ON Treaaurar.
orrirr. of thk pknna. halt mfo, co
l a meetlnit of tt-o llomil of Dlreclora
hrid HiU da u. guarlerti- UMdand of (no
und one-half per lent '-aa dee'ared paab!e
urll 13th. 1921. to atocKholdera of record
Manh Slat 10J1 ChecUa will malleq
I. A, SMITH, 'i'reaaurei
rnllada'phla Maich 23th 19J1
nnital MrHlnaa
u -- Msl.M0rtl'XAM CO.ll, 1'O.Ml'AM
Ks&v UfOcei 224 htmtli Third Hlreec
PhllaaaluMa Mann 22 1U..I
1,1 Annual aic-ujiz oi win oiui.inoiaara ox i
lRVIcVS.S5AV,SsIii.a;i; 1
April (tb. 1821. -12 o'lloeU noan, for tie
Annual Me-tlnz of the 8ioi.ino!ara ot
election at Hire dlreclora to aeria tLraa
i.ara and for all aurlt other hcalnaaa at
may oroieli eoira Pafore tlie maitlnr.
may 'nOWAJIDl: TWAnSLCr.
6acralaiT,
Pronoaula
ori'iti: or
-i iiv rnl'NTV rOMMIBHIO.NKILS
ROOMS 130-138, 4'ITV HAM,. rjiu.A.
rif alfl prDpusni-i inn -v i -.. t ru a?
n.u. eVu CftiliiK PiMfllnllilliinaaai 11
ti.e
lloom I
"T1L U. '",---, ,,,",",", -I"' Vv..."'
ia. urll 3, 1021. at whiih tlma Mda u.lll
be opened and contraola awnrd.d lo the low-'
mi reepoiislMe bidder, for ateel Hlln raaea
fte'AWfiM
omc at th Count ('nmml!oni.. t
.im. tt-Atrx ft t her than thoie ctual m-
Hired In buainaaa In the ahoe apecineationa
''H',".". .. It,. . V,, .nuIH...,..
1 The County Conimlaalonera reaarie il, i
iiaht to anept or to reject any or all bide i
ir pa"' of bid; aa may bo deemed for the
.. """' "' (iKoiioic JIOI.MUS
IIAIUIV KUBN'ZI'
SKI.
E1ICIAP. W LA.N'K
County Commlaalor.eia
I'HOPOHAI.N FOIt HTOCKI.Vd!
ontre ot the Oimmaiidlna paieer. Phlla,
Ouiirlernuiater Ijiterrardlate Depot.
I'lilledrlphl. Pa.
Scaled propoaala In triplicate, wilt be re.
lelied here until It i. m.. April 14, 101,
for turnlalilnif alt or ony lJjrt of 000 000 pre
atoiklnaa, light vool. nd 600,000 pre atocl-
1, ka cotton Information on request
MODOC
BOILER COMPOUND
for 1'uil Uconemr
THE MOqtoC COMPANY
of P.
Vbbajltaata
rnnNTvnnn
mh
nr.i. fo pkna.
l. (jail'AXr LTin
iNsuiiAtji.H u i.ivi:a and or.wr slocUs snort uniuetuaieiy imei im- hud
in-u ANNtMTiKs h ouf AllBconja cold at K0 last je.tr
Propoia-s fo! 1 sinfinc" i-iild I bamtt ' when it-, dividend was passed: it nan
Count' Coal and Mlnln Compans." nnt unlrt ther- since. '
GOSSIP OF
THE STREET
Influential banking interests, gener
ally supposed to bo closely allied with
several of the more Important railroad
systems, mad,. r-,ther confident state
I menu yesterday of an agreement having
j virtually been readied between the
.railroad mannger and the Inbor repre
.sentnthes. It was Intimated the knotty
I problems of the controversy were solved
t through h compromise-acceptable to both
I sides, but which Included the arccptnnet
of n material reduction In wage,
I There may be some difficulty encoun
tered In Isolated quarters!, It was said,
'but the rank iind file of the rnllroad men
were convinced the wage reduction was
'inevitable and any opposition would
I only lead lo demoraliiatlon later on.
which would unquextlonably prove detri
mental to all concerned, and ultimately
1 result In a greater pecuniary low to
all lallrnsd emplnj.es. These state
ments, of course, lacked official con
'finnntion, but, by rcaion of the source
.from which they c-inie, the street .Va.
I disposed lo give tluni serious and
thoughtful consideration.
i Additional strength wan given to the
statement after It became known lengthy
'conferences between the railroad man
agern nnd the representatives of the
brotherhoods and other employes had
'been in progress for several day?.
Cheerful Bit of News
Olieoune nowa In thev; dayt of
eoung now in inev; uut
irlonm anil tirAlm!sin Is fo rare tuat
I when it roraes it Is doubly appreciated.
.A refreshing change from the monoton
I ous announcement of reduced or nmlttcu
i dividend came yesterday In the entirely
uiiiif-Jiui S.U11IC J vrivm,' - - ,
iinfTitiwtofl 4itiTinnn'inipnf hv thDAtntf"
ii-au Telephone and Telegraph directors
of the decision to plate the stock ou n
permanent 0 per tent per annum basis
"Tlie "hangc is notning more iuun
aditistment to n new set of conditions, I
said Pitsldcnt
'l'hiTr. of the comoany
The direcU::
In' deciding on this
chance of policy, the announcement
fnld. were intluenced by the conclu
. sion that a higher rate of return is nee-
rar? to attract the portion of capital
which must come from shoreholdera in
'older that nn ettenlon of telephone
seiviu- to kctp pnie with the growth
,of the countiy :ind he demands of the
public may g on.
"It has always been the policy of the
nitnn.nr ' ,h D n nnil TIPPniHlt COIltin-
uttl, "to pay such a dividend as would
'maintain the market value of the stock
nt n picmium sufficient to attract sub
scription to the new stock issues. The
r , IsMie nf n fair proportion of new capi
tal, rather than the increase oi ueuc to
take care of growth, is a necessary p.irl
"f ,,. Tmn, il tinnm'lnl moeram
Of' nv SOUIill linnntlnt piogram.
There has been no time, the ami
There has been no time, the announce-
t. ....t.l ...tll.t. Mia Tnsf fn AflFU
I. !;; nn almost dnllv event thes
is becoming nn almost daily
davs," said a well-known local hroker
yesterday.'" and traders find little din-
f'nltr In'fii-meKslni stocks of rntniidllitv ,
whose dividend rutes art- neitr nt hand
"le ln tnmnenf " he i onttniltd. ,
.... AJ "' .'i'".'."'"'-! " r...l.?,:-.. VV I
"thev are centering their ntirntinns on
I"nit'l Stnlpp Rubber. wIiOb"! dividend
meeting will he April T: lell hpnng
-- - -, , , , - .
I field Tire. April C. and tJoodrich only a
hrk ? 'tei'tewi
I Sears -Roebuck on Monduy. following
the cutting out of its dividend, serves
as another warning ugalnst selling such
All of whkh soes to prove that
owing to the general pessimism which
has prevailed, the discountinc of nventr
such as above has been so easy it has
nfttimea been meidone. Also, th.
passing of a dividend cannot ahvajn be'
viewed us unfavorable In times likej
lw. nrc-lullv when the most con- I
servatlie policy' is to hold on to all the
ish tJO6ible until
the bilines wneel1
gt turning agiin
Krrnrh (iixxls in llctter Ireiiiand
A ipecial cable recei;d by the Trench
tonimiriirioii in the United State-) dU
closes that exports of Frem h merchan
dise to other countries in the first tw
months of the current year exceeded im
ports of foreign gooda Into France bjl 2 75'i
'. ,i. ii!! eon nnn frnni Tk ic'Chicaao L Mh
ine nri nine- aiucc i-. ,.,-. luhi
France In a given period has bold motu
goods to other countries than she rs
puichii't-d from them
The Punch torctgn trade position in
Febrimry was particularly Mignirii.inr in
that i-'uini iV exports evceeded her im
ports by S4." ,000,000 francs. The de
tailed trado returns fot the two month,
are as lollows .
ritKNfir poni.iciN
Janu.ii Kebiuai-v I'i.'I In
ritA Dr.
nil Hon tir.m
miwui Kxport"
7S3 .lOJ
1004 nil
a sit . m
.01
1311 it 3782
1S1
0011
piolune
materlala
Mi nufar'urel aenl- . .
Pare-! roar
Kitu- of eapoila
Tho tigures show that Krunee was
able to export half as much food piod-
'' "(1 rflw "Ms a- ane imparted.
while her exports of manufactures were
almost three times the amount or her
imports of manufactured goods
V tlieti aervice uii .ompun
I 4";itle Kn-vlce Oil Co.. T.td.. rec-entl
incorporated tinder the lnsvs of Canada.
has sei'ureil unuer lease the ureot
! Laken OU RertnlnB Co.'s plant at Wnl-
I Uceburs, Ontario, Crude oil will hi-
i received from the Kmpire (!ns und Fuel
Co.. the large producing mibsldlnry ot
Cities Service Co.. uud lefincd nt Wnl-
laceburi:, which la favorably located to
1 supply the proline, kerobinc, gaa oil,
fuel nil nnd lubricating oil requirements
' of the Province of Ontario. The oner-
: . ... . . ... ... i
auuu oi inr rnniti; iniu in? mummi
4e the finUhed product, will be und.
the control and in the name of Cill
ation of tlie reuncry nnu tue mariieiin; ,
1 L i3I.ilvBl naiATiijilia Hfeill f-iaa aiHeljan '
Scrvleu Oil Co
T.I.I In nt,.n,. tl.lo
district. Cities Service adds another
outlet for Its petroleum products en
tlruly nepurate from other districts
whero thev are now active and inci
dentally the also have the advantage
of a protective tariff on finished stro
Itum products imported into Canada
It. W. i.ump, formerly oi r.mplre lie
. ,. .mi c- .:i i j .. i
Jinrrjea, inc., niu ue vicu-jin-niuciii nnu
- . 1 ,J-.aM ,.4 l.a ..,. e.rt..i
TUB TRADER
l1"-' l"1-'r'-
. - .
SAVING GUARDED
QI..J. 1.1. He4 C.at4- n-afaae.- Will 4 ax
nilUUC laiAIIU MOIISH6 MOIOHaQ UIII V
Prevent Long Day In Cities
'
Providmre, K. I., March 30. -The
Senate
here voted ugalnst n bill to
make standard time the legal time for
all the cities and tonnH of the state, and
defenttd the plan of some of the coun
try members of the Assembly to prevent
any of the cities nnd towns ftom pass
ing dnylight-savlng ordinames. Provi
dence already has an ordinance tor a
live-mouth period, and there Is n move
ment in ottier cities und some of the!
town to pass similar legislation uefore
April 24.
Ijuising, Mirli., March liO. Afapror
lamatlon urglnc nil cities and towns in
Michigan to adopt eastern time utter
April 3 mi daylight-saving measure
during summer months, vas Issued yes
terday by Governor Orosbbeelt. A ma
jority of the cities In Michigan nlready
have announced thi would opciate on
ensttru time.
Nctv York Bonds
I3ALE3 I.V llOOftl
Am Arrcu'l
Cont'd On 71
North' n Stette
Ctaem d tit
ft.... lOOtt
Aran Smlt's
ruff 8s
t ieo
' . 100
4 tA
Pieer os
2.... 78
Ontario Power
Cuban Atner'n
X Falls Be
8ur 8e wl
l . . 7'i
Orf-W n II Co
i
Amn
1001
V T C
2 . toot;
1 100 u
Isl to
82H
82',!
t- T0"4 i
1
a
Amn
i ioo4
i 100 k
7 10OS
8.. 100 V.
ra. It trm 4t
ss
1 7M,
1 78H
1 78';
Panna R It Bs
1. l0
1 T fl
101V
101
iom
101'i
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20
B
10
X
Cuban C 6 cv
3... . 53K
Dfnmark Con '
1 80S
ct A sa
1. SS?;
J
MU I'ena, r. It 04t
101
ii
101
100 'i
101
101
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8
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10 n,
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20. . .
Dan K O 4s
1.. . B84
i 10014
A-maur 4 '.it
a 70 V
fc. .. 70rS
Ateh Topeka X
S a V'e aj
Det-KJI Gi '83
3 M'l
1 . KSV,
D Can ,;, '21
S .. 09
i. . . on';
Aloh Topeka I Do Cunada '211
y Ke 4a 1
;;i;,Oo Canada 'SI 13
j
All Coaat I
1. .7
4a
1. . 88iircni.a V,
1 ..' fcSli 2
Atl'o Krull 7
Duii l.'.rlit (is
1 so
1 . oo;
3 00'il
1
B7'i
Atlantio
ct 8Ha
1
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3
Rita
njtlHrle Otnl I.Ipi.i
SOIL R... 0",J
103
Otiiilnrle II 11 cif VPere Slardt t.e
Oflii' 1 . . 30U 1. f!0
fj9i,Oa Partfta let jphll ounty cv
ont.l J. nsVil I
Halt Ohio e 2. . 98W f, 02
1 gnu titna 1 Klru fl I P3
it ss . a -. loon i-itts cm c
I fl is '' t P 11 he St I. b 4ijs
1 86i J '-'8'i 1 M
i eon! ir. nsn Pi" cm cm a
48 U
JIO- nt 1- u
iiait Ohio &a
, 2 Mi '
oo'ai fl
8U' 1 83
081'jiPublln SerrlL-e
08',, C'n N 3 re
bA'V 1 fiy
08iineadli)r V.V 4s
flO
1)0
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asi 1 . o
Halt Ohio ,
981, 2 .
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98 i', 1
08H.Il Chil
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fla l
00
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Liberty
Liberty
Liberty
Liberty
Lilierty
ilV-js ..
'Jd 4d ...
ISt 41ylS.
-M -1U.
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0IVIDBND8 DECLARED
l.ur.l:a Plrji'Mne. .urr'er' nf fn nnyi.
bl. Mav 2 olitoch f tlcird April IS
Manhattan flail-,!, ruartarlv of 1. m
ciul, pajable to atoclt of record Mirch 31
SKY RIDE BRINGS BACK VOICe
Former Soldier Regalni Speech at
Altitude of 14,000 Feet
Washington, March T.O.- An airplane
flight nt u n altitude of 1-1,000 feet to-
yesterday restored nower of sneech to
day restored the nower of HDeCch to,
II. A. Renz, Jr., twent)-twn vears old, I
nnil former Hdldtei-. wno for eleht
montha haA been itnnhli- tn tnen1 nhnro !
a whisper. IIin voke which left him i
one night while asleep, Wh4 returned '
to normal within an hour and when
he stepped from the nrmy iirplane nt '
Holllng Field he waM Mirprised nt his
own ol-e Kaylng. "I don't know I
whether I can talk or zmt.. ' ,
Renz. while in the tank corps nt
C'arap Colt, Pn . injured n linger, shlch
failed to heal and finally was ampu
tated. It is not known whether the in- .
fection was In nnv way responsible for
the Ios of his voice
As veteran nnd beneficiary of war
libit insurance Ren:; consulted the
Public Health HervW and Dr. Charles
K. McKnerney diagnosed the inso ii
partial aphonia with paralysis of tnc
adductor muscles of the throut. An sir '
flight to high altitude wjh prescribed.
AMAZED AT BLIND BURGLAR
Man Confeasea Robbery of Home,
Uainfl Senie of Touch
Cold Spring Harbor, X. ,. March
30. A curiously shaped lootprint dl
covered on a sofn in the home of Wil
liam T. I.ockwood, in Huntington,
which was robbed Monday, led to the
arrest yesterday of Oorge Hamc
hurst. the first blind burglar the police
here have ever heard of.
Hawxhurst. who has been blind from
birth, confessed, the police say, that ho
also had robbed the home of Mftthcw
Curley, in both Instances rcling upon
his senses of touch nnd hearing to guide
him in his operations. His loot com
prised n few bottles of grapejuice and
an ularm clock.
COLD BOOSTS COAL OUTPUT
Striking Miner Return In Company
With Jack Frost
Wilkes -narre. March r,0. - The cold
spell has given impetus to the produc
tion of anthracite, and several imlr
pndent collieries that have been op
erating on hlack lime have increased '
their output. '
The 3000 cmplovev of the two triking
roinerteH 01 mo Pennsylvania uoai Uo,
returned jesterday. All these circum
stances contributed to increased pro-
niction considerably.
Careful
Attention
is given by the officers
of thi? bank to the
individual needs of it,
depositors and each
transaction is handled
to their satisfaction
This service with con
venience and safety
should appeal to you.
In the Center of Things
Oppoaite Broad Street Station
Third
National Bank
Organized 1863
Established Corporation
Ueshes Hi-Twce
of
SALES MANAGER
capable
PROMOTING
SALE OF STOCK
111 a business which
la
nation-wide
A'esr ifi-jtie
$1,000,000
The Denver Gas & Electric Light Company
Twenty-Five Year General Mortgage Vh Gold Bonds, Series "A"
Dated March 1, 1921 Due March 1. 194b
Interest payable without deduction for Federal Income Taxes not in cheers of 2V
Penn h aula I nur Mills I'm Itrfundrd
Summarized as follows from a letter signed by Mr. Frank W. Frueauff, Pres
ident of the Company:
Business The Denver Gas & Electric Light Compuny, incorporated in 1909.
and supplies without competition electric light and power and artificial
Territory RB9 m thc Clty ofDcnver and its suburbs, serving a population in
excess of 260,000, and supplies thc business section with steam hcai
Purpose Tnc proceeds from the sale of these Bonds will be used for the pur-
of Issue pose of rcfundinB $900,000 total amount of First Mortgage 5"o Bonds
of Thc Lacombc Electric Company, due May 1, 1921, and for other
corporate purposes.
Security These Bonds will share in thc lien of thc First and Refunding Mort
gage of the Company through pledge with the Trustee of a like amount
of First and Refunding Mortgage 5 Bonds which represent a direct
first mortgage on a substantial part of the company's properties, which
will include its principal power plant. They will be further secured bv
a direct mortgage lien subject to underlying lien on thc Company's
entire properties.
Earnings Nct earnings for the year ended January 31, 1921, arc over 2 times
annual interest charges on thc total funded debt outstanding, includ
mg these Bonds. Approximately 85 of the Company's net revenue
is derived from the sale of electric current for light and power
Thc above Bonds are offered when, as and if issued and received by us at
Price 96 and accrued interest, to yield over 7.85
Circular on request
Bonbright &. Company
437 Chestnut Street, Philadelphia
The above information,
.-vy
Investment
Bonds
Welsh Brothers
MS CMETTrUTaBTniT
Philadelphia
l.enbard 1313
Mhr take clialiff" mi Imloatrlala
nml Rallruada trtifn I ran alv tou n
inamnlffd lOVr luveatment, aeeured
br the tM-nt Central KeM Katflte In
Phtladalplila. Onlj- larce InTMtorB
need apply.
r-ROi, T.KrifiKK nri'irt:
' j 1 I
I WE PAY YOU I
I is i .
1
BEFORE WE COLLECT YOUR
BAD DEBTS
THAT'S whut "London" Credit
Insurance is. It is absolute in-ut
ruicc, under your policy, against !os:
I'rom bad debts.
And ou do not havcto ''hope ' we'll coiicr
it, while you wait indefinitely tor your nionc .
You nito you'll c, your money, and you
know mic-n w hether wc collect it or not
When one of your covered accounts is not
raid at maturity, ic is construed to mean .1
"loss." Any excess of our normal loss tin
"London" pays within forty-five days, anJ
each succeeding covered loss within tort"
live days after it occurs.
Why not cet the particulars ot our poluv
loJay? You are under no obligation in asking.
OUT. SUPEIY
SEIIVICE Losses Paid In
AmericanCYirremy
LONDON GUARANTEE AND
ACCIDENT COMPANY LTD
It. A. IRVING.
ilell Phone t.omburd 4130 1 .11
pitir.AnK
1:l;t.ti.-,Ulii'HJIt
J'-'"' '"'
yiiniiii"iM-iniiain,imjiiiumunmjmm
111
SMttmttmVIWcfSMiwttT'
CONVENIENT
ECONOMICAL
SAFE
PRINCIPAL KUROPEAN CORRESPONDENTS
Enfland: London (Tounty Weatmlnstcr & I'arr.e
Bank, Ltd. tanU Branches in Great
Hrltaln, l-rance Spain and BelRlum).
Rarclays Bank, Limited and Branchee
Ivlelnnort Sons & Company
Fra
S( enatlt ai d
Servire"
Liernaa-:
Hollaed:
Heir:
I
Kstatllihctl !,C Switierland:
TRADESMENS NATIONAL BANK
431 Chestnut Street, Philadelphia
:- 'J3S
blle net cneranteed haa been obtained lrm source! we believe to to be lehablt
Foreign Exchange
Explained
Out !nteBf booltlet (fo irth
edition) "forolioi Kxclmnge
Kxplalned" clartflea whit ap
nea ra to be a difficult prob
lem to prospective purchasers
of l'relffn Securities.
owners of Koreljrn Securities
i. .-1 1 1 (lnd tlila booklet of Ir.ew
timuble Vilue
Stnt tttt a a on reaaeil lit F-40
J3-ai W. 43d St New York
JJI ,
AT Yourx
SERVICE
Established
Kipliteen Sixt-nir.e
General
Wa nut Ht
puia pa.
Agent
Ke- 3 one
!
1
U.11 4100
iii.ai.jl . 1t...tf . nm
FOREIGN LETTERS
OF CREDIT
TRAVELLERS' CHECKS
"'on.ptoir Xntlonal U Eseompte di
Pnrls, and Branche.".
Oeutbche Bank and Branches
Ulrectlnn der Dlsconto Gae. clui
and Branche?
Kntterdam?che
Branches.
Bankieieenlging n.l
toilitn Italiano and Branche.
II j n o Commcrcla'e Itllana
Branchta
'icdit Suiese and Hranehee
W. C. Langley & Co.
115 Broadway, New York
Bonds
To Net
7 Per Cent
High-grade bonds with Hi
tractive profit possibilities.
Both railroads and
industrials.
Write for descriptive
circular PL'47.
Sent gratis.
OHRRLEsUlLflRKSON
66 BROADWAY NEWYORK
TELEPHONES. RECTOR 4663-4
E. H. Rollins & Sons
l-onnded 1878
Investment Bonds
1121 Chestnut St., Philadelphia
'Phone- priire 3480
notion Kcw York M'ilkti-ISarit
IlaUtmore tVifcojo .Van JYaiiftaco
"The uniform flow of the
river makes unnecesiary
steam plant reserve."
'lliis ti one of tlie ntlraule
featureM of 11 i-ew tssuo of Ions
erm hydro-electric power com
panv botidH nvallabla at
Price 100 and interest
to ,ield 72
' outplete leta.it toill be ecut upon
rcqjfsc or circular .' me
A
MUNICIPAL
BOND
Issued by one of the best
known cities of the country.
To Yield 6
(I.onr Term)
F. P. Ristine & Co.
llatah. 1901
timbers PlttlutlcW.a and Xeu York
Stock lisclMnsts)
Widener Bldg., Philiu
61 Broadway
Mew Tort
103 Broad St.
Elirabeta, N. J.
Penna. Salt Mfe. Co.
Dividends on stock paid each
ear since 1863
No bonded debt
Returns About 7
Tax Free in Penna.
Preaent purchase rarry nettouarterly
dnldend pajable Ad-11 33th
4V fot un ipfc-oi alter
GARRISON & CO.
1030-32 Widener Birildinfr
i;ntei A r A Pa;a Stock Exchanges
sproie 8S70 Kara 3073
Limited Offering
Class "A" Stock
D. W. Griffith, Inc.
$15 Share
-Non prtMiiir rej-ul.u dividends j.i
the tit.mitil ra-e of 10 .
Gross Iteoeipts from one picture,
"Way Down liiat." foj- tlia paat 8
n.ontli" tj'jl J' !5,,u37 80.
lp,n io'm,i u 7
I' tailr -o list
- a sfuc
K.cl aiise
toe J'ht en. YotL vi.
Scott & Stump
Investment Securities
btock Exchnnge Building
. PitHeADI U'Ht . PA.
40 Vxrluiite Plare , orL
GEO. A. HUHN & SONS
-rOCK M IIOND.S
Membere nf thr PliliadelphU, e
orl. -nil lilraao Mk Karhaoaex
Ne York (otton Kiihanar
Ccminiaalon Ordera Executed In
All the Principal Market,
Libert)' Bond, Bought and Sold
IWIIetue Court Hide. MIS Walnut M
V HI ltroiilna.i Mlunlli Mi,
inbjeudnr lintel ' '
R.B.CARR ACP
i in r
l-nolli-' tv
IMI.MIIITII.S.
i.i'
it SECTRITY SALE.SMEn1
apleudld om.iiniinllj for un rner
arlle eiperlenieil ariurit) anlramnn to
form h prorltahle ronnertlon it lth u prom.
Inant brokeraxe liouee Now nrlllnr the
atoik of i lurgr anil mllieli iiperatlne ,
niteriiriee, b-vked b uu eileii.tte. odvrr I
I tt.lng inmpiilgn. The beat Inula n be ,
, fundabeil. er
Mlt. .IMKON 713 Vtidener llldg
V , . -s.
i. u j ,j ui ,, a i
h kllill. . porn
lluri.ij ii iu "hi ( ,,i
m ltll
I'KSNSIM Ml 111.1)1. , i-liu
I'. .1. VAN MLLIAiTl)
ttui tnt-m nnoK
Sp a ' n
H.DI.UAI IMII1II rAr-K
wr ei ' ' I ?'IIJII (II I
Ihmi o1 I iinn'r ,
oe. iii.u. Ksr.vrr iiiist ni.m,
Hlhert SSt ll n '.. ,
Safe BondsySr Investment
HALSEY, STUART
CO. IrlV.
Ui I