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KYTCIXCr PUBLIC (LEDGER rHHiADBLPHIA, THURSDAY, jIAKCH 31,' 1021
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EDWIN J. SCHOETTLE CO.
533 N. 11th St. I'hlltdfJpMi
GOSSIP OF
THE STREET
JONES & BAKER
Specialists in New York
Curb Market Securities
Booklrt c o n 1 n i n i n g I It c
Grnernl Rules of Trading,
Communion Cli.irgci,
etc, on request.
Call, p hone or
v-rile for No.
. TU-394
PHILADELPHIA OFFICE
WIDENER BU1LDINO
Telephones Bell, Locust 4730
Ktys'.onc, Race 2290
BALTIMORE OFFICE
433 EQUITABLE BUILDING
Telephone St. Paul 8451
Offices In 8 Principal Citici
Dtrwt PrUate Wlrot
t sniil'inl Imf t iiii.i.i..ii1 ittifrnvt'
"" II' ill Kl li i:,' I'li-iln' ,, '. i.Ui-il f'"
'' '"'III lillli'xini; ,HI(,-'-. xtltlilll III''
'" M Hill'.' ll,i.lt TI,,,, 111 l".l.l. tt.'l-
tl" ti illll.llll ,lf 111.' Mil) l' ,'l IIIO-I I'f
' I.l-Il..- ilinxntuvx n iii-I llnl l"ll- l"l
' "in.; tin' ui'.Ui in., inn;- if tin- yaii--
Imai-il. i, f (In, i iiii". Tin' iii."iil",n'
"f "lie nf tin.. ' limiK. n..i-ti.'.l ' Wil
li i 'iiiilid'iu drliif thir, ttn n"im t"
'" iiniilii.il ln'iti-rnii'iit "It tl'
'"mi' ii 1 1 f , ' " In -ni, I. "ii- fi I"
lllinllt I'l'l'i .,i. illiflllK 111,' InilllnHII-
n'U 'In iiHuitlii. At tin' i in! nf I'"'
inn i iuii, Iiowi'Vit. .n '.ikiliK :i i'ti.'--".I
1 1 vi- i, tii, g:i, ii will dp iiit ill
' iTtll !'.
" li I I, II Illl. 1 1 -illll." 1"' Oil'
' 'i Mil. 'i.f Hie ii-tii.iiintu -ni'' pt '"
I"' I1M-.I i;i In Hit 1. 1. nil. HI. lull'1 I"
'" I'" fell It'll Ircilii lli.lt tlu-ft I It'll . Ill
ii .r ,i i- t.ii,'iii! mliiiiti'il ilml i""1
"t t In- -t'Vi'i'i- ni:i."".- nj.t rsiiiiui" Iiii'
i i : 1 1'.. i-'ii", I mill '!. iniH I't-i "ill
ri'tuirf t ni-' fill iii;riiiR In -"ii" - h'
i. 1 1 tl mi,--. ,,f i.'iiii' ll" i i- n'rfi'i'
in in I I n , .,111.1,111, -ii .ii.pi " ii'''iil
' .- , in. ,. ii.ii.uf "i "" '
1 ll I'll! I'Hl- III" I lllll'H 11'
- hiii ii. 'I ii- 'In' Imri'iiifi
' imp i- - - 'i.li
I 'ittlr i "I -i . i"
' Tl ii ni.-
il mi. ""i- -low their .espi-rtlve i ior sii.h betterment, n wns to be tils- O PHILADELPHIANS INJURED
....ni- ,.t i, .ni,. .M. Il-..i ,in to n 'cernr-d In the -tool it,intion tills veel u rniLHUuurniHHO iiMJunuu
I ver hilf ilni,'. Ciihin-U llii'ir total Willi the I'Mvplmti of the lord r(im-
I i- n"i -. in il. i,. i..u Unit of tin- ,mii .iin. flu-iiintnr iiilii-ti ni i-tliiinteii Ueh( () aey Car Wrecks Their
. 1 1 nif ti,.. miii ii. in.ulii I p..,.ed, 'to In- iiinniii" nltotit -'. per c.'iit in- '
.ml -I - mi. iiwi.jm f i li.'ir triulo ptti'UJ. Mme ol tile I nuns wen r,ulu ... .i... .......
with Itn-'.i in I'lJH i.nh iilionl '.Ti per helped lit the relin-i' of iipeiuled , AllrMlnuti, I'll.. Miireh ill. Two
ii: I-I.itt Hi.'ii ol l!HH. ' or.l...-. n thoiiKhJt ttn. to lio lw.i-iio in i , ( M,,.,imk1y vrM.r.
I'mi.i. ni .1 .. t ii t...i -ii.iii.. iv it li ltn- ' mind t It II L only i per rent of Kteel eon- . .
-.I. in ;.i. :;',: ;oo" .,;'.! :.ii.Vmi i ...... .. w. ..-.. $ .. ,.. ., ,,,, i,,,..,,,, ,,,,i.,i r .0
,, ,, . ,, 1 ,, ,.,... ni.ninvi. I hiiihliii) of imikoii'iir. iiecoiilnif; to the , l.eluiih iillev linii.tl ( o. crn.hed Into
". " iau , u.i" ,1 in ' - ' ,l ' 1 ' 1 1 ... i ..,, ' ... . . .,
nun,. I sum .Kiii'i-i S."iiUMiO. '""' '' 1111 niiloinoliih' n- it wn. I'ros.uiR the
ill IHI.:'. th.'u ..I lireill lirililin with "'l'he expertiltioll of lower urieen for ,n)ov trn.l,. in Itinera iiir.
... II r........ ..r-,...il ..... ilni ii.nt li.ii 1 1. ii 1 '
I.,,i.i V'l. ll.lllllllll 1,1 I'lll I- tOlll" .11 ."tin- "I -.1'... ..ii.-- 1 ...iiiiiiii 1 ... , t ,, , ., ., ..,..,
in 1.1 1 1 u. 'ii. nit, 1 m 1 1. ii .. ' - .,.. ., . ..'..,. 1..1.. 'PI,., i.iini'i.il ni-e Itiiliprt M. (rillith.
illiil me I'l'iH'i nun 1 lie reiiuinr iremui ,,,..,'.. . . ,,, , . , ,i ,
1 rnlui'tioiix inn v tnKf ttee. lire j' litiil.litl .ll eel . I'hilil.lelphill. ilf-
hoMinK the imiiket within nnrrotv Mm- ft'i-iiiK fiom iiilernnl nijnrle., seveinl
it. 11. I., tiiliiine of lii'tv hii-ini . -hip ! hfoheii iih. nil'l Inn-Mi loll" of IiIh oil -nii'iil
fiom milU mid rnniie of prli'i'." ' liro hod.t . lie i. In (,'riive i-oiiilltlon
riif Mecl imln-irt. 11. n whole, i. oper- l.dttnrd Iiiiiiii. L'S'.'.i (Kford street.
limit: at h'- limn oiie-lhiid. All .roll- , I'hiliuli'lphin. rei'elved .'ontiivliilis of the
iimei me workinir foi 11 1 oii.tiiiif re- h'B nnd 11 Irnetiire of the nrni. I'hilip
iliielion in invent. nie. iiinl in . on.e 1 tlreenhiiiier. nl.o of rhilnilelpliln, driver
ipieiH-ii fl.e Im.tiliK of -t.'i I I'tilltilllll.. 11 '"f the llllli'hilie. e.i'lipeil.
inatter of the future. The nifn I'in.'. the properly of Thoinn.
Till! TltADKU Slrohl. wn- demolished.
iiirtil Hi .il'i.Ui.iiPii.iiiin in l'.i.'!i .l.ipini
1. 111 it Mil nun 1 ,n Iti'Jll. iiiiiun-t
.s 1 nun mill ni I'M.!, ninl S t.'ti .mil in
l'Mll. Il.f hll.-l fill' 11t.11l.1hle. !-l.-111111.111111
HK.1111-: SJ."t. mill nun 111 l!'l."i
I'll" iiiikii mitt' ot itii-e lour toniilrii"1
t n 1 il -linn I. tl-, ,.in -t tuir jitniliihle
'!'.1.(HMI IHMI iif.ll.iile tvilll l!u-.lll. ll"
..lii', ullh M1ll.tMHI.IKHI 111 I'.llit.
iit.iiliii tin- I'll"' ll..i' I'lh'- ft iu.l" I" -In
e. nre -nil tiiiil.'i inllt hiuhi'r limit
III IPIII il(ie. lll.'l, tin H'llllloll "I tl"
I'lJII 1 1 ,1, 1 tlnlt "I til" pre Will Mill'
- I...' :i. uieni when iiiea-'iretl in ip -
ill 11- niiit'iiti'.i .t the liiete lupin "I
lifitttiiheiililB of .Maiiuf.iiliirlns
Th. r-.i'ikl 11 N.i- ii.ii.il I'.. hi I'"' J
pu 1 f tn,t -1 "t Tfii'l" I't.iuli- I
I ion- -.1.' . : "'I li l-t. unlink ' :" '"' '
... the l.i.-mt. -"nil. "ii w mil 1- ni"-'
I" i'" ' tlltOlilhlf '.' I'd - ' t , I,.' I .. l.'l-tiln-
lilif-. 11 ' I 1 in'iir "'' n.si'i if.it I'in 1: 11 inili.f.'i'i-1 ,
. . . , . - . .- ' 1
1. In l,e -' ellilim In.. . , lie 1 lilll.ff ttf I'l ' i" ii' - " '
i neiie t .ill ! Mile- ,11 ,1 ill -"M" Hi'' "
a. .ma ..! 1' '''- i' . . t.. 1 ' ti .. in. i. 11m n " '
n lift
Internnt Rvi of Buffalo 5. 1902
Lou'tille C,a it Elec. T and 8
Grand Trunk Pacific 3v 1902
Continental Mr.toi 7. 1922
Morton Lachenbruch&Co.
1. nun i 1 s
i'in 1 1 ret. 1, .11.1 M.ii.iii .',":- i 1.1 mi to
P- .. t - . t . fc- .
I , , ,'1 111 Hi" en.tt'l'ii. if
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W" '-0',e ri Co w TOiUlJIUIUUimiadllli,.
l V CABPtNTIII -"il ttLGX I
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M&T paint moisl
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SUPERIOR STEEL CORPORATION
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A a: "i-i - .i tit-:-
Jjji F YOUR roof is getting old and you don't
&j buy roof protection now, you are cure to
have to pay heavily for repairs or a new
roof a little later.
Worse yet the water may get through some
stormy night and damage wall paper, furniture,
fixtures, machinery, or products which cost
hundreds or thousands of dollars.
There is no insurance against this kind of
loss. And when you have paid for it you still
have an old roof.
But coat your roof and you have protec
tion from damage and a roof that wears like
a new one' for many years to come. Have you
looked at your roof since last winter? Why
not examine it or phone us and we will examine
it free.
IVe are tho headquarters or tho building nnd insulating prtxiuctaoi
ASPHALT ASBESTOS MAGNESM
A Roof lor Every Building
AMERICAN INSULATION CGL
EXCLUSIVE DISTRIBUTORS OP
CAREY PRODUCTS
noBtzrrro avenue and otokley otroot
PHILADELPHIA
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FIDELIiy TRUST COMPANY
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To the Million Users of
FER
(MILNSHAW)
HAIR GROWER
FVH: best lime to apply Fcrond's is in
JL the mornimr before washing your
hands and face. M;kr it a daily habit.
You will notice several things after
the first lew applications. Your head
fee!-; cleaner. DanduH is gone. Scalp
sores ar.d t ruptions Ripply I'Vrond's
ery .-n:-ringly if uu hae any) are
h'uleil almost overnkrhl. Itching ends.
Tito '. hole calp-i'c.'l ; younger more
hen thy. You cannot expect to get back
in a week the hair that has taken you
years to lose hut faithful and correct
tie of Fornr.d's Hair (i rower will show
result.-, in from six wcelx- to two months.
Remember the Guvrani-'e:
ose iw;wa,ZD ties : amount
S.XlZNDED IF rEROND'S W '.'. NOT CHOW
liAllt WITHIN 5.Y MONTHS TO ONE YEAR.
At All Drug did Department Stores
JTLES FKROXD CO., Inc.,
12(5 West 2.'id Street , New York
$1.50 and $2.50 ff,c Dottle.
Parcels Post 10c Extra
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MIIQT TPAPU IM DCMMA cehnnl. will not In the future ho crnnled nnnimut Clllni.i r.. .
I (I'ltlflentes if they Intetid to tent-h out- I iuu.. Mnr'eh -ti cnlenee
' itlile the stnle illlllHI.I. .tlfireh ,1,(,. .
ri.. c..i. i. . - m Ml e till' stnti. ...... . 'I'lirm. .tii.nl. ''
' i"vj.i" ot.iua vi.i.iii.ij iu u.uunia-' ne xvitrtiiiii! tflls Rivrii iiieiniiers oi " ""-""l'i were inn,..
burg Stntc Normal School
HloniMshiii'Ki l'i
the senior eln.i nl the noiin.-il sehoollltto lo life liupi l-.innii'iii
I .. t.. 1'! . ...... .1... ..I . ..... i .
l,.,.l, 'il fuller ii-ini mi u.f.t -no inn .-- toiirteen jeni'i. lij ,e Si
n mil..,: of Dr, Tho.miH V.. K.,.r8n... ' ! ' , , Z , , "' , J '. e',, . "' , I""" y-.l-r.In.v in the e,
mi. I
p "ni" C
'""iltCil,
lion nmi'numW ! ,,,nt ' ',,,,",,, ""-"" "'' "" '- ' ,',,",,,n,,,, MVi.-t.-.l of
tioti. iiiiiioiineeii nere .xestenln.x lix lit I ,., ,i ... ,... ,.,. f i.,ni.i,, it v,i, .,,, i-i... ,
r Hires I ''Hit. in- ne on of lie (.."' ....,...- u,, ,,,
I'.h.o.n.h.li,. Sl.He ori.nl ehnol. , ""'"' OT "' '"" lll)l1" '" l''MIIyl- llflPfll .Vrill- nK0
. ' I 1. hi. in
r.rtulnatt". of IVun-t lva"i'i t.ite iinnial
vnnln.
died reeently.
"' ' lipet
'" tntir
I . .
A fount. .. i..,?'!
"liint
WEiMXM
icse
From "Government Control Over Prices,"
U. S War Industries Board Price Bulletin No. 3, page 336
uunvi iuwuwimtuaiK)t
ndoption of this policy. Tho prices fixed in 1917 yielded
cement industry ns n whole 12 per cent on its investment, nnd
of course individunl mills reaped a much higher rate, but subse
quent, price fixing reduced this ninrin to fi per cent merely by
maintaining t lie status quo in the face of advancing costs. t The
general .supply of cement was so ample, as .compared Avlth needs,
that tho Fuel, Administration on April 13, 1918, reduced the fuel
allotment of the qement mills to 75 per cent'ofjnornml on the theory
that part of the fuel: used in the cement industry could be better
employed in other".war industries. There was consequently no oe
casion for stimulating cement production by high -prices, nnd the
lowering of the margin of profit for the purpose. of. curtailing pro
duction was' entirely justified. Cement prices 'rose- in the open
market less than any other bn vie building material during the war,
and the reason for price fixing in the field of cement is to be found
in the desire. of the Government to prevent the stimulation of prices
which its own large demund would normally have caused. in.certain
congested building areas.
JIIMIIOU , n'-tgfcf... lUm-4aflrkpta fpy- e-amm7 , lijjfJr'-niOMriflttjwV'
The following figures from U. S. Government Bulletins show average
selling prices f. o. b. cars manufacturers mills, exclusive of sacks.
During the final period of Government control over prices, which ended
December 31, 1918, the average factory price of portland cement as fixed by
the U. S. War Industries Board was $1.78 per barrel. (See page 800
U S. War Industries Board Price Bulletin No. 3.)
United States Geological Survey Press Bulletin No. 466 shows the average
factory prices ot portland cement for 1910 and 1920 were $1.71 and $2.01
per barrel tespectiveiy.
The largest single facton of cost in the production of portland cement is fuel.
The United States cement industry produced in 1920, 100,000,000 barrels
of portland cement (several million barrels in excess of shipments because
ot lack of cars, in the manufacture of which the equivalent of 10,000,000 tons
ot coal or 37,000.000 barrels of fuel oil were consumed. Compare your own
1920 and 1918 fuel bills!
The freight tate advances which occurred in 1919 and 1920 are also nec
essarily reflected in manufacturing costs, thus affecting factory prices.
Large waRe advances to nv;et increased living costs have also been made
to nearly 40,000 people employed in the cement industry.
Increases in these items of cost alone gVeatl y exceed the moderate advance
of 13 pei cent in the 1920 average factory price over the price fixed by the
Government in 1918 after its investigation of manufacturing costs.
Similar conditions undoubtedly hold in other building material industries
Since the 1920 sea?on closed, factory prices of portland cement and other
basic building materials have made very substantial declines. Producers' sell
ing prices are in line with present manufacturing costs.
US &585.iS&3&k V Ci AW.
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COMPANY Ol" AMERICA
fT""1 NIXON-MMJLIMjUb-ii
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CHARLES RAY
In "IT.XC I.l I I. X XI.I.I.V
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KATHERINE MacDONALD
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MILDRED HARRIS CHAPLIN
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DARBY THF.ATRL
MARY PICKFORD
, 'Mill. I.OX I I 11.111''
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DOROTHY GISH
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BILLIL BURKE
in "in. i-in i xi.t.N oi i.i ixin;ni" ( 56TH ST. '"' x'i t '
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ANITA STEWART
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CHARLES RAY
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CHARLES CHAPLIN
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NIXON ""'' ANO vvtK-r sTH
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KATHERINE MacDONALD
"I "I I It I XIN"
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FATTY ARBUCKLE
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THOMAS MEIGHAN
In "MM. I IIIIS III I '
MANI1EIM ' i
PEARL Wl'ir
in -lisnti xm
MODEL :, rM "'"
EUGENE 0'BR'rN
In "lill- X"X -il I -1 '
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MARY PICKFORD
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BLU1.P.IRL'
ELLIOTT DL.ATLK
In "I UK 111. I 11 It mt I UU XMiiim.
"CONSTAWCE BINNEV
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