V
BVBX1KG PUBLIC LEDGrEil-- PHILADELPHIA, WEDNESDAY, APRIL 0, 1021
19
NEW YORK COFFEE MARKET
New York, April tl. Tho market for
rnlTcn futures wns tinilcr irpBtire with
GOVERNMENT BONDS
United States Treasury Certificates
New York Bonds
Mturlnc
ilatn
Mav 10 10.V
( Juno 1ft I0J1
t Jun K ll'.'l
July IT. 1031
Aus:. Ii . 10J1
Hept IS. I0J1
Kept. K 1021
Oil II 1021
Hoc in ioji
Int
Pennrnn,
Pnnninn
coupon 2e
registered
rmlalered
couimn .Is
rale
ft 'i
ft4
0
".'(.
it
ft'4
n
lint
Km
ion
tun ,
ion
Ulfl',
100
10(1 A
1110
IW
A ik
too,,
1()(l'
I no A
10(1. .
UKJi..
lflOn.
100 1,
KIO'J
10(1 A
Yield
1 00
New Issue
TAX REFUND IN PENNSYLVANIA
tSAI.HH IN 110(10
Panama
I nnania
Panama
Hnittrrcd inns ii(iniintiont nt me stare
tills inornlnK, nnd first prices were 4
to 7 iKilntH not lower. A p)ubfttAnrlnl
mtvance In the Hlo terminal market was
prlvnU'ly rrpnrti-d Into yrsterdsy, but
tlii iiflirul rabies thin mornlne; failed
ft (hi 1
' 2 ,
Amn Smll e 4
Puj
Ill'l A Bit I
1030 lili'a loo'i
.M loan (! ioo't ,
j tins 011 4 wo1. '
I0C1 784 80 I
3k 1001 78i 80
HOW 84'd
I.lahl (lKo'n Pacific 3
no a, I t s
U04 1 Bi
DOS N'n Pacific 4a
flO't 2 7S
una, I "ft's
UOM, 1 "
H0i40reon II n
(i(l Novl Co 4a
Uenl Mon 3 70
4n Oregon 3 1 4s
3TI I 70",
I Kleo T' 1 79 'a
100, Pi It Km 4 Vie
100i i 3 77 "j
lOOiJiPoiina II It Is
t V It UK I X
tins 3 nv
(MS P" U " '' "'"'"
(isij n in'.
UR'ij 1 I"l
(.kh fin n J "i
tiSW I t'i
jisli 4 ens
U8 Vs 21 ""'a
hhiJ r. his
118'u -' MS
08 1 IiR'j
nt'K a
A (sale) 7iV
2 . 78.
1 7M.
Amn T & T clt
S . 78
Amn T & T lis
1 (sale) 82V4
,3 M
I 811 S
Amn faTOi
1
ft
1
I
I
1
1
1
Irio
1
registered
Phlllunlne 4k 1014
ft .to
ft HO
ft 2ft
ft 4. -1
i-nnippine 4K iimii
Philippine 4s. 103(1
I' H (lovi coupon 2k loan
1 H Onvt registered J ll'lu
1' H OoM coupon t 102
I' H Unvt riKlKtcreil Is 1023
LMit of (.'oluinhlH 3 01k 1021
ft Ml
ft 01
&'
I0(lji
101'.
.M r 1.1 I0.-2
100
1 00 A
to report moio tlinn 0 enln of from 2,i
Kx'rnpt (rom normal Iclernl tncoino ta (tl
rrjk.
Vki p0u
May S87((0(
luly 0.2Hf28
SeptemVr H(lwn7
Onen
tAccptaMi- fn pmfnt cf Income (bt
due on dale 'if m'urlt
B.AO0n.(
Liverpool Cotton
lliernool April 0 "!pnl ro'lon whk nuk
toIa with prices ttrii'lv on thn biiKls rf
(in artvancr of 7 polnlK for mldilllnR at
0 221
IUM
A BR If llfl
lJcccmlMr
00
01
O.US97
i
RAILROAD EARNINGS
1 pirrsnunoir rivt invati c hicacio
4
2
10
ft
1
ft
ft
OftVO'ne
a, -I
OH. I
!
Prices Steady on Paris Bourse
Paria, April 0 Prices were ateaily cm
Iho Itouro 'oday Thre per tent rtntas 87
francs 20 centime eichanne on London BI
franca 20 centimes ft per cent loan 83 (ranee
05 rentlm The dollar wai quoted at 11
francs 0 centimes
(I Old The nalca erp 300O Ihpk Th" .
ii-cilplK Mcro 2(10 balfK all Amerlran l"u-1
Uirpx wfre Btoarty In the early ileallnK Spot
prlrfn wore American. mliMllnit fair in tod
Koncl inlildllnir. 8 .Ill'l, fulH inlrtlllnn 7 00.1
nilfMllnic 1 (lid. In" rnldllltlt O Old Knml
trdlnar I 7 lid and ordlnnr 4 nld
AND HT
l.oflH
II
11' J I
Increase
DON Go el
lVhruar crOKi
Vet oper deficit
Two montha ffroa
Vol oper deficit
Mlecriase
$0 (100.842 II 840 2ft3
"ill, 118(1 I-iR,HII
PUS' n
1A N4A 331
2 147.270
2 117 108
00 ,
. I
.' T0U 317
I
New England Oil Refining Company
First Mortgage 8 Sinking Fund Gold Bonds '
, Due March I, 1931 " ' ?
Price 98 and Interest, to yield 8.30 "r $, f
The New England Oil Refining Company owns and operates modern tidewater refinery
properties at Fall River and New Bedford, Massachusetts, and is engaged in the large scale pro
duction of navy, marine and commercial fuel oil, gasoline and other petroleum products.
This business is one of the most important basic industries established in New England in
many years, and should be a vital factor in insuring an adequate future supply of fuel to the in
dustries of this section.
The greater part of the output of the Company is under contract to the United States Navy,
the Standard Oil Company, and consumers of fuel oil in its immediate business field, a territory
estimated to consume about 30 To of all the coal, fuel oil and gasoline used for industrial purposes
in New England.
The cost of the properties, as audited, including net working capital, amounts to over
$10,500,000, or over 3'2 times the par value of outstanding bonds. The operating profits for the
coming year are estimated by independent engineers at over 20 times the interest on outstanding
bonds. A 10 per cent sinking' fund commences in 1922.
The business of this Company has many of the well-known safety attributes of large
public utility enterprises. The issue is amply secured by first mortgage on improved, occupied
and productive Massachusetts real estate. These factors, combined with large equities, assured
earning power and strong management, render these bonds an exceedingly sound and attractive
security which we recommend for investment.
' - Circular, descriptive in detail, will be sent upon request for L-200.
Orders may be transmitted by telephone (Spruce 5460) 'or by wire at our expense. .'
E. H. ROLLINS & SONS
1421 Chestnut St., Philadelphia
Boston New York Chicago Denver t San Francisco Los Angeles
The above infot mation has been taken Jiom official tonnes ami. ttuc not guaiantccd, is accepted by us an accurate
The Philadelphia Saving Fund Society
700-710 Walnut Street
Condensed Statement, March 29, 1921
ASSETS
Cwh on Hand .$811,525.69
Due from Banks and Trust Companies . . . 8,482,800.52
United States Bonds $49,282,510.69
State, County & Municipal
Bonds 28,948,739.63
Railroad Bonds 72,743,998.33 150,975,248.65
Mortgages 18,114,401.95
Real Estate 544,920.76
$178,928,897.57
LIABILITIES
Surplus Fund $7,065,051.18
Undivided Profits Less Expenses and
Taxes Paid 1,335,773.01
Deposits 170,528,073.38
$1 78,928,897.57
United States Bonds on Deposit $10,517,400
Number of Depositors, 293,032
President
G. C. PURVES
Vice President Secretary and Treasurer
JAMES M. WILLCOX SAMUEL WOODWARD
llllMlii
'World's Greatest !
Workshop
and some of its
Securities
The importance of Philadelphia n a
commercial and Industrial city Is well I
known. Its locomotives, storage batteries,
ships, textiles, asphalt and many other
products are In use the world over. I
On the Philadelphia Stock Exchange are
tradrd in many o( the stocks of these
companies, some of international renown.
Our statistical department has pre
pared a booklet treating entirely on "Phila
delphia Stock Exchange Securities," giving
data and statistics ont
American Stores
Electric Storage
General Asphalt
Midrale Steel
Pennsylvania R, R.
Philadelphia Electric
Phila. Rapid Trsniit
United Gai Imp).
and a number of ether lomnantcs listed
ion tlio lnc.nl oxchmtre
A copy of this boiiKu t ' i'I be scut fiee
on rt quest
BOUREAU & EVANS
Mcmbcii Philadelphia S'ocA Vxchange
130 South 15th St.
Philadelphia
Loetnt '162 Hacc JOo
West rhllo. Oftlce, . . fl!rl Street
l'hone nelmnnt SM)
For $560
You can purchase one
share each of eight sub
stantial listed dividend
paying' stocks that will
brine thirty-two dividends
or a total of
$62 Annually
which would mean
on the investment
Purchase may be arranged
under our monthly pay
ment terms.
Copy of circular PL-49 sent
tree upon request together
with our booklet "Thrift-Savingt-lnvttfmrnt."
TiRRLESilCLflkKSON&i
66 BROADWAY NEWY0RK
TELEPHOlfES.'RECTOR 4663-4
1
10
1
1
4
2 DOS
Atch TopeVa &
8'n. I'e 4i
3 7fl,,
1 70 I
1 70'S.I
Alt Coast I. Til
4 ..101 I
Atlantic Ilel'ii
n ni-n
1 nfia.'o Hwilr'd rcia Penna It Tl
in uoul 7 104i. 2 101".
a 00 j 1 loi'ii 1 '"J
iiit . Ohio cv 1 10ml 1 102
I OflSi 1 HUH P'l I'ountj cv
I . 00', 1 104 W 0 03
ft no U1 Trunk rets 10 0 1
n & O Tol 41 ft 10l4 noadinc Il 4s
2 (IVl ft 101 S 1
n Ohio 3m 4 101 l '"nllo
4 HPil 10(alc) 101 I I
1 81 4 j 2 101 '.I 1
I 81K. Hud . Man fi' I
Halt 4 Ohio fta1 1
1 . 07 , 10
1 . 0T'I 0
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10 K8; 111
ft 88 V, 10
Hell T 7a rcte 10
1 103i,l 10
1 I03I4 J
t 103HI in
01 1
o-. 2
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Man Ini 3
31
31
31
33 4
31
34
1 1034 S "fi.
Helli Steel fd III Central fd
1 824. 1 71
Helli S Ba '3(1 III Ccn'l 4s 62
1 78 I 1 72S
llrkin II T 7 HI Cent I ft 4 m
2 . 4J I 1 00
Bush Bide Sa III C 8t I. & N
O Jt Ildit fts
r'nlf a & 11 ftsi 1 HI 'i
8.H. ft 82 lt '
8Ri. ,Intb Met 4V.r 1
(1
Ctnadan Nl'n
Hba rets
3 101 .
7 ion,
1 101
3 10m
2 101 14
Canada H'n fts
1 83i
Cfl Pacific let
8 . . 72.
2
B
10
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Intboro R T fd
2 . SI
3 . 34
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ft ft-.
ft ft', 9t T 1 4 Hlous
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00
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W'n clt 4s
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St I. I Ml . H
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Series A
13 00
ro
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10
SI I.
10
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r.
st 1.
1
Ccntl Pac SHs 1 .. 80
1 . 77MlJP Ouvo't 1st
Cerro de Tasco
Copp'r C fls
10 . 104'.
ft . 103
13 . 10ft
lft 10ft
ClOcv 4Va
1 . . 7S
3 '74V4
C'k & O cv fts
O
44
13
Chi 11
12
:o
r
s
4
n
cm 11
An Attractive
Gas & Electric Light Bond
Yielding 7.85
The Denver Gas &
Electric Light Co.
General Mortgage 7Ys (19J(6)
Circular on request
Bonbright & Company
New York
437 Chestnut Street, Philadelphia
Boston Chicago
Detroit
Which
Are the Good
Rails?
We have issued a special
letter outlining the moat prom
ising issues.
Sent free on request
Ask for L-8
RKX3utlrie&C?
Members I'hlU Stoik Kichange
1418 S. Pcnn Square
8UITU 300
MW CK 0707 HACK 8J70
Private ll'lrvj to Xea Yorli
F
P
acts Regarding
aris-Orleans 6s
Seasoned Bonds
BATTLES & CO.
fstabllshcd 1HP0
Independence Sqniire (Knal)
Obligation of the sec
ond largest railroad in
France. Principal and
interest secured to the
Company by the guar
anty of the French
Government. Stock
of the Company
quoted on the Paris
Bourse at 1 7 5 ', c. of par.
Any improvement in
exchange rates on Paris
will increase the value
of both principal and
interest of these bonds.
Price about $65 per
1000-franc bond.
Send for ewcular
Hemphill, Noyes CBi Co.
Msmbtts Ntw York Stock Eichtnfr
Franklin Bk. Bldg., Philadelphia
New York Boston Scranton
Buffalo Albany Syracuse Daltlmora
. S3
R2
4 Q 4a
or;
or;
8R4
. 03
. OR a.
OR'i
4. Q arm
1 7R
C II Q II 4a
1 . . R04,
Chi & H III 6a
ft. 00
Chlcaco Mil h
St P d 4a
2 i7U
Chicago Mil
Pt P cv fls
1 . . 041
1 .041.J
2 . 04S
1 .. 01',
CMcaKO Mil A
StP fd 4 Ma
3 . R0
a . rov
Chicago Mil
StP cm 4 Ha
1 . . 7ft
Chicago Nth
IVn 0'in wl
11 01
00
4 OS',
Chicago n Il'i;
& Pac fd
1 07
llrnill 8s 1
4 . 07 "j
10. . 82I4I 3 . 0"
Jap Oove't 2d 7 0i 'i
S.. . R24iSenb-d A I. hJ
ft 6J4. 1 11 "i
Jnp Oove't 4u 2 31 ,
10.. . 0tiSeabdA I. fd
10 i)4s' 1 . 30H
20 . 04 4 S Air I. sta 4a
21 04, 2 . ST i,
4 dlU t S3
Kan C Vt a L Scab d A I. fla
Mmep 4s 12. 40S
1 01 1 . OH
Kan C & 8 3s 2 40S
7 US'. H n Pac cv 4
K Dclglum fla 1 7R'.
1 .. 004' 1 . 784
K Iieirm 74ai ft 7RH
A Shining Mark
For a Mining Shark
H
IS DEATH was sudden. His house was not in order.
The very comfortable balance which comprised his estate
after settlement, became the sole property of his widow.
a devoted wife and mother, a practical woman, but one with an
utter ignorance of things financial.
2 . 00 , S'n Ilallw'a 4a
1 not, ! 38
1 00 Stand d Oil cf
ft . I)4 Calf rcta
3 004 1 . 102
3. . 0(1 4 10.!
1 . 00', 1 101 "i
1 . 97 t . Id "K
K rjele'm rets 1 . 101
1 IN,, 1 IOP4
2 07,l 1 101
1 37 i 4 . 101 'i
6 97 1 101
1 fi7NTex U Pac 1st
2 . D7sl 1 . "'
Kingdom Den-Tidewater Oil
mark ct 8s Co ct 0H
2 . PR'i 3 .... ."',
1 . 08 2 . .00
1 . OX'S 2 . '
1. Mi, 10 . 04
3 0H4 0 OH
K of Italy OH, 1 . 01JI4
20 . 81 4 I t ',
1 Rl4 I'non Pac cv
Kingdom .Sor-; ft R3W
way ct 8a lUnlon Pac 4i
1 CO'.' 2 ROV.
1 10O I "0'4
t 10(1 Union Tank
1 00', far Co 7a
Lack Sled 'BO 1 . . 100
Chicago 4 Win 2 71 v, U H of a Urn
India 7'4 wt Laclede Q'a Co L I'd 1921
1 00 I of ot L. Bs ' 1 00 's
Less than two months after his death, a "solicitous friend"
convinced her of the wonderful opportunity of investing her
legacy in a new but extremely safe mining company, which he
told her confidentially had the backing of the biggest.
In one year this company and its fraudulent operations
were public history and her friend was very sorry.
Every one who knows a widow recognizes they are shining
marks for mining sharks. Their names are put on the "sucker's
list" even before they receive their competence.
Will you protect your wife and family?
The Corn Exchange National Bank may be used to safe
guard your legacies from the unscrupulous. Our Trust Depart
ment will arrange it for you.
CORN EXCHANGE NATIONAL BANK
Philadelphia
Chestnut at Second
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Chile Cop'r fla
74U IS
y os 10
(aale) 70 , 'Lehlfih VI
City of Dergen 1 07
Ra rets 1 1 971,
10 Oft L & Ml era 7s
8 OS 3 107
1'iv,
01 2
991,
HO 1,
00ij
UKotO lint I
til'.
04'-III
0". I
'il'.
f
11 1
til
ti 1
City nemo Ha Lou & Nash 4 & I'd 102:
1 . 0B', I 1 . 81V, I RO
Cty Cop'g RV,alLou & iSanh 7a ft
T 73 2 1031-
(.' V Tk J t, TO Slid S t Or 1.
I R7 10 7.-.I, I
1 ! l'Hrla fli Mo I'ailflc 4 in
IS 07 '4 3 S31.J 2"
(..j Toklo fta Mo Pac St '23 tn
I RRl, II '10 JS
Clt Zurich N New O" Tx i U K of O 111 it
1 fill, Mexico 01 i Id 19J9
1 91 '4 I ".8 4 - R"'.
Con, d lias 7s 4 ..1 1 hS
J ion 1 .IS'. I It of (1 Urn
1 IWTiiN Y cent l I .lid 1937
Cuban Amer'n B 77 ', H
Sugar 8a KTCml li 1
1 101 1 i:. (I
3 101 N Y Cenfl (l 4
1 10(11,1 1 8R
Cuban C fl ci. 1 Rh, U S Mo
IB 81 ' 1 HRh S
S I
N'.
M4
11
II',
II ,
ll
31 84 .' 11 V,, ft
Del i. Hud fd 2 SSi,1 IJ
I 70S, I RSt, I' 1 Ilea t
1 79' New Tork Ct I lmi 1
Del llul 7a 7a rcta 1 sit
2 101 1 100', t s I'.ubb r
Denmark Con 1 loom no 'f
c A oa 1 lOOijli; S Hub 7'
i om, 2 ion 1 j t i"i
2 tisi, N" lit Unu 11 1 1(11
Denmiirk Con S. l'ur fts U'd S Si 1
ct 11 Ei (I SI 'i 01
1 (1R1, N Y Tela i'tn : 1(1
fl 07 ' 3 S1V, 1 11.
Den 4 It (1 fd N Yk Telep i. I tah r 4 I.
I 14 , ' 1 90 1 7 1
19 H,NrK ,v i 1
Dei Lill Si '401 R . 1015, Va C
I SO .North Woat'n 1
Dot Kill Ci iU Hell Tel 7a hso
H j
U' 'ViUtSl",
PUBLIC UTILITIES
7s
6s
6s
L 1
;
.t
3 so 1 ,
Det 1 K 4i,h
0 1. II
Di Cimud 1 .'0
21 V2
-M 9J I
Co Canuli Ml
Tilirrn
I.ibrrt
IJIi(rt
I.ilicrt
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h0'4
f.nt
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r
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tlHS, V I n un 1 1. s
W 1 . 7sW
9S V t 1. MfK 7s
list.
0Si3'
'RS,
Oil,
US'
Xntl'l
Notes
IhI l,s
lill 1I .
M I4h.
Ith 41, k
-4S
s
lllpth
'.Ml.Ii'J
S7 7S
S7 IS
IX) 411
h7.:m
nr.rif.
117 .'il!
1
mi :io
h .'Il
,s7 in
1x1 :i4
S7 '
'.)- "1
!7 r,j
101
011.
111', I
II I'm
III
I .
I 111
!MI .',11
S7 7t!
7 .
1KI ". 1
N7 'il
'."7 ,"1
17 ."11
Ten Per Cent
For Three Years
U. '""'I flnUlnit I'und
jsote, m of I'enna. laa and
f Incoma Tax
f"! l-arjifd Klsht Times,
iijilth Hliiklnir I'und lo ltatlia
Edward V. Kane &
Morris Ifllllfllnrr
ratahllalinl 17 'eara
Co.
GRAIN
PROVISIONS COTTON
Our Daily letter Sent on Kequtst
Hughes & Dier
to
R. B. CARR
UMTS
PUBLIC
ACCOUNTANT
IM r.STIOATIONn
Income U refunds and adjustmenta
handlrd pe'aonnllj lth tho Ilexnua
Ilureau at Waahlnaton
,igpi'S', iii.iiii.. riin.A.
Iltmbera
lilrntu Uoard of lrads
i. rnwu
1. niiHH Kicnanaa
bunh 8tork KiUiai
i'roUure Itxcnaaae
143S Walnut Street
tprnce (IS Kar ISM
Pl.ilarlelpbla
I
I1- !
I MMRIBiin W1il'HHMWma n An
UflkVKMhH Hgu:niy it, vs
. ..wW..M. VA VV,
Pt4lr1Af1 PllKllr A g lltttn wmt-m
Drcxcl Building, Philndclpliin
C. S. PATTON & CO.
3D A rilHSTNCT NTS.
BANKERS
fliireeaaore in
sait.kii hTnvrvsnv
Bauds and Stoeka bought und told
on rammlaslon
lemhera Phlla. Ntoek Kxtbance
LONDON STOCK MARKET
Oil Group Harder Industrials
regular Kaffirs Held
London, Apt il Ii An
1 oiitlilcm r wum tidtiil in
lh( sloik I'M liniiKi toiii .
iiiC niipcnrcil t" 1m limn
tho griul sttiki of the
IIUIUTS MOIllll III'
'I'lic oil Brouri
lr.
Safe BondsyGr Investment?
HALSEY, STUART
&. CO. Inc.
u illicit. mo
m'i unit
II tl tl 111 li rl-
hiii'liil t hut
r.nKii-ti km'
hcttlnl i-linrl 1
uis iiilot lint liiiriln
Slu'll Trim snot t mill Triidlnc; mis "i 1 -III
mid Meiian KorIo ri.'i-ltl IndiistrmU
wore Irci'Ritliir KufTlrs I10I1I v. oil Tlin
Kilt odRfil Roi'tion uns mixed
Holliir deoirliitlons urrc Hrinei fnl
lowinif RtrriiRtli nt Now " oris I limn
1 tills ilisplnji-il ftitlilllt. Cnttiil TriinltN
dropp'd.
The Ebb
of Business
I ,1 r 1 lied it- frft tl i e.
mlriir puliit ami tho lulo li.is
ocun to 1 nino b.iUv 'I ho pirloil
of Poo 1 wai onp ot Tlio mo-,
I'tnaik ililfi tn tooiionilc hih
tur j ind the ebb iwis no lehs
hn It would f-eeni that tlio in
rnmii s lldo Will brillR us
iiileti r but ,1 ocrt.im )ri-por
i' '1 hero ,it umnistakal
Kt if growing liuMtiiwa mil
b. I mil us all t ) In pre-
I 1 1 I tluit u 1
' 1 1
ff
tli
T
mio port
il mariners
i x jU ndic
1 inc 11111 ri
lit il
eLm
11
d
Bell Tel. Of Penn.
Shawingan Water &
Power Co.
Northern States
Power
Kansas City Power &
Light Co. 8s
Iniormat on un icqucst
Geo. A. Huhn & Sons
lr'i be 1 of .r p,
1 of k nn I ( h ra j '
ctt 1 or, ( "o
1 J 18 Walnut Street
PHILADELPHIA
II ltrnaifvin
New lorli
Aiulmii ,lor lintel
Mluntli tit)
Are
"Rails"
A Buy?;
With oet-urhclniinK debt re
cent earning statements and
the prospect of a wage-war the
outlook for the railroads is
black enough.
On the other hand, rails are
around the lowest point in two
jears.
Are rails a biiy
they go lower'
now or will
I
- " yr
Msoifs Reports
Y ?pecubtie Hulletin i of tl prei IP
civ-3 vou ih- p.aui i.no ased t.Kits on S
the aituation and shows you what's U
f
National Bank
In the Center of Things
Opposite Broad St. Station
WE SPECIALIZE
ODD LOTS
Foreign Exchange
lioughl and Sold
MILTON HEIMCO
STOCKS rocnCTOgmMCTMNPS
1GJ2 Chestnut Street
Phone.: llrll. Hpmre S041.J.S-4
He alone Hiiee 730
t HroudiTiir i9 8th Are . V. T
htamfurd. Cudii. Mvrtnctlcld. Slata,'
ahead for the railroads
REPORT ON REQUEST
Copies of the Barometer letter are
avaiUble for distribution to interested
itiTestors, trratls
Tear out the Memo- now and hard
it to j-our ercrrtary when ycj d rtdte
the morning s rnau
MtrtlyAsk forBalUtm 3DF
Roger W. Babson'"-.
Statistical Or;ani:ation
Wellealcy HtlU, 82. Mass.
Cviburb of notion)
y 1U OiatatlkT
Clip Off Here -J
Tht Jxu-fut OrtntJarin e
a tnU Hvrfi
mavw
yfri I or Your
IViCelVl V J "
ecrctary
Write Roger W B bjnn fo rder of The
Babaon Statiiticul O cm '.lion. Wellealey
mil- m . ai louowy. riuw and
1 copy ot s n 1 a 1 i-"T. '."f: r
iiouecin ""lo muj'
and IVmklet onrtnt?
tks fgt from Your
Msnej crat a t-Js
M.MIMl.lt.lHIIIIM.IHIIIIimi((.MllNHim.
. hi tOi
. Tssi i"fihM isiii i
o
nn I -
rHEWBURGER "I
1 ilENDERS0r3&L0EB
Member New York and
Philadelphia S'oet: Exchanges
1410 Chestnut St.
General Uphiilt 8s 1930
U. G. I. 8s. 1923
IViiiia. Ohio I.t. & l'r. "'is, 19 JO
C'onomuuRli l'r. hs. 1930
HENRY D. B0ENNING&C0.
STdf K i:t II WOK III II IiINfj
Dliert I'l-hute 'lelenlinne tn Nf ora
Memhrrs I'hlU stork lUrlmnre
BAR SILVER
H r vl er ' d ht.ll t in
II I
Frederick Peirce
HON US O p INVEST
TOR Ot. VxO. MKNT
UJ1 Citentnnt Htreet, riilladalphU
A Modern Hanking House
In our rnUrntnl ml nudern fiuurieru wtt
to ki uu Lompleia
ftie prepared
Union National Bank
u het-t AieU Airnl i ro.jri rtrtj"
IN I'HILADKLI'HU
Opportunity
for Salesman
Investment Banking In
stitution with national
organisation has open
ing in local office for
experienced salesman.
In answering please
state age, experience
and education. Box
C 735, Ledger.
Hurety Honda of Kv.rv Ducrlptlon
Fidelity and Deposit Company
of Maryland
Connelly, ScltwciW & Bryan
Pi lladelphla. Kmncti Manaaera
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