5WTrT.TJ3rTTrj?nn 1 17 ! " i .- . f .""' " ) Xi-- i ,- .fi i ., "',., itHDGERi'PHD NEW YORK BOND TRANSACTIONS Am'n Aro' A Chem i n . o( i!' . oH !.." S2J? (hales in norm) & 68 a 08 06 H Bait A Ohio Hi A 0Dt 10 .... 00H Am'crt Oil 6. i B A n' M 9 ... '",H 4 . T8H 1 .. 1 . 88H 1.. 8f,W 1" .. '80U i . 85V4 Amn i ,, B. SStt Bait A Ohio 6b a... ... 1... 1 .. 8.. 1(1(1 Mi 100 It 100 100 100K 100 4 .... 81 A T t 8 re 4 77 17W 77 77U 7TH 3. 8.. 4.. 18.. tch'T A 8 Y .... A iA . ... 70V4 Bait A Ohio ov 1. . . . a . .. nott l!!... T0H a.!... tow BlW a o avi- 1 80 1 71 Bait A Ohio 1 1 Bit 1 014 8..... 1H a ni Bait A Ohlu 8 W'n 3 7 62i 1..... H2 1 824 H2U U tO Tol 4a 1 n . .. KILL Bkn V.dl C la 3.... lOOH i 100 Dell Telephone of fa 7 4.... 108 3... 108 1.... 10 Beth 8 Be "80 2 77K 1 77H Bdn Cop M II' 1 88 Dkn Kill Co il 1 .... 01 llrkyn II T 7" 1 R4 Drkyn O 15 1st 28 0T Buah Dld'B B 8.. .. 70 1 7B 1 74 .::: 1 09 1 ,...00 n dou Canadl'n N 7i 4.... 108 1.... 103 1.... 103'4 1 lonu Cen'l of Oi Of 01 01 1 Bli Ctl Leather Be 1 81i Ctl Pacific, lit 2 78i 3 78i 4 78; R 7fll c n n Jy r.t 3 .... 00 Cerrode raaeo Copper ft O 107 C & Ohio 4 2 ... 70 C A O cv 4 1 77 1 .... 77 a TT14 C'k A O cv 6a 7 82 2 82 1 82 cntq owa IU i I a S - I aft . . I IU"7 69 Canad'n Nth'n Chi & tirlo 1st 0a rcta 1. 1.. 1.. 1.. 00 00 no 00 1. 2... 1.. a... 1 .. 3 . 8. 8... 2.. 101 101 101 101 lOlU 101 101 101 U 100 2.. . 78 1 78 1 70 Chi & Q W 4n 1.. .. 81 H Boles West vood Msmbeils Phila.Jtock. Exchange INVESTMENT SECURITIES LaMTitle jMdft, Philadelphia PHONE' LOCUST 4721 GE0.A.HUHN & SONS STOCKS AND BONDS Mambera of the Philadelphia, New York and .Chicago Slock Exchanges New York Cotton hxchnnxe Commission Orders Executed In All the Principal Markets Liberty Bonds Bouqht and Sold n,llyue Court Bids.. 1418 Wnlnut 8t. it, Y.. Ill Broadway. Atlnntlo City. Ambaeaaaor note! C. S. PATTON & CO. 81) ft CITK8TNTJT 8X8. BANKERS Snceessora t ATTVll it .rKVRNSON Oendn nnd 8pck boasht nnd iU Mewberii T rhfltt. Htofk Kifhano J AUTOMOBILE INSURANCE LIBERTY MrTUAI. IN8DBANCE CO. fhoni Ijcnut 0070 20.22 Hn. 1SIU St.. Chi Mil A r1 flound 4s 1 81 Chlcaso Mil St Faul 4a 1 70 Chtcaso Mil & St P'l d 4a 1 B8 0 0Ti Chlcaso Mil A 8t r 4a '25 1 78 2..s.. 70 Chi ltwya Aa 1 04 C A Nwn 0a 3 ... 101 1 00 c n u p (a 1 08 3..... 08. Chi V Sta 4 1 81 Chile Cop'r fla 2 71 Chile Cop'r 7a 1 03 1 03 Chlneae Qove't llu-K niy M 2 47 City nord'x 0s 1 83 City of Copen hagen 8a 8 704 0 78 4 70. , 1 79 City Lyons oa 1 83 City Mara'n 0 2 83 1 83 1 83 1 88 Clt 1'arla On 1.... 08. IS 2 ... 09. IB 0.... 0. IB 3.... 09. IB 3.... 00. IB in.. . on. in 2.... 00. IB City Zurich 8a 1 00 1 00 1.... 100 Cl'd Cln Chi A St Loula Aa 8 80 Colo A S 4a 1 ... 76 Cons'd (laa 7a 4 1.. 102 101 Cuban A 8 8a 2. 8.. 00 00 Cuban C 3 cv B . 1.. I.. 1.. A.. 8 . 1.. 00 B0 B0 89 B0 BO B9 Denmark Con ct A 8s 2 .. 100W Denmark Con ct B 8s 2 . 100 3 . . 101 Den A It O fd B. 40 Den A II a 4a 1 0S D A K O 4a 1. .. 00V4 Det Edl Co 0a 1 . . 88 Do Canada '20 0.. .. 03 Do Canada '31 1 .... no 1 00 2 .. . no Dom Ilep'c Bi 1 78 Duq Light 0a 1 08 2 .. 03 D De Nemours Pd'h 7 2 . . 98 1 . 08 08 08 08 98 0T 1 A..... 1 2 2 ... 4 . Erie Oenl Lien 1 43 Erie It n cv A 1 80 Qene'l ltleo Bn 1 80 Oene'l Elec 0a 1.... 100 n .A. Qoodyar Tire A llub'a 8a 6.... 10 1.... 101 4 ... 101 2.... 101 Oove't French It 7a rets 4 3... 1... 2... 1... l..f 4... 1... Jap Oove't let 1 80 1 88 lap Oove't 21 2 80 Jap Ooven't 4a 6 11... 1... 1... 1... 2... 1... 1... 8... 7... 2... B. . 1... 1... 2... 1... 1... 1... 2 .. B... 1. no 00 0A 08 00 0A 00 na no no 00 90 no no o 00 eo 00 00 no 00 Oove't V II t! 100 10O 101) 100 . 00 Ulil 100 100 100 100 100 100 mo 100 o Nth niy let 1. . Hl O Nth Itvy 7a 8... 11... I... 1... 1... II . . 18... 1... 1... 1... 1... V." 1.. 1.. 2 4!'. 1.. 2.. 1.. in 1 . 2.. 1.. 1. 2 . 1. 101 101 101 100 ion 100 100 101 101 101 101 100 100 Hud A Man M 1. .. 07 B 07 1.. .. 07 1. ... 07 1 07 Hud A Man In 1 42 1 .. 42?; Ill Central fd 3 ... 77 111 Cenl 4s 'B2 1 78 4 78 III Cent'l B8 2 02 B 02 1 02 II Cent'l 0s 2 101 B.... 101 Ilia Steel 4. 4 82 1... . 82 liil'o Met 4a 2 14J 3. 14 Int M ct 4p 3 8B I M Marine 0a 70 70 78 70 78 70 70 7A C A B 16 1 Kan 2.. .. 0 2 2 1.... 1 3.. .. Knn C A 1 1.. .. K O T niy 4 1.. .. 7a Kelly HprliiB'il Tire Co N 1 00 1 .... 00 IC Belgium 0a 72 72 72 8 8a n7 87 B7 B7 B7 87 B7 S r. 77 77 n n 2 .... B t 1 1 ..4, 2. 04 94 04 V. n4 n n 11 1 04 K. Delg'm 7i 1.... in:.". 1.... 102 t ... mm, 1.... 102 1.... 102 l lielB'm let' 1.. 2.. 1.. 1.. 1.. 1.. 1.. 1.. mm 101 101 101 101 101 101 101 H Kingdom Den. mark ct Bi S.. 2.. 1.. 1.. 1.. 1 102 102 102 102 101 101 , Inlb o It T f.l I. .'..v. B . ... B.-if. Kingdom Nor way ct 8a 1 .. 103 1 103 2.. 103 K Sweden fla 3 80 '.ack Steel "J3 8 08 L K A Wn lat 1 . . . 80 Lake Shore M So'n 4a '81 2 . .. 83 L A Myera Ba 0 84 1. ... 88 I. Isl n Br '37 1.. .. 01 I.ou A N'aah 4 2. . . 82 I.ou A Naah 7 1 104 Manitoba, a W Colz Aa 1.. . 80 Mex retr'm 8a 1 . ... 00 1 0A Mln St P A 3 le W 4a 1 ... 80 Mo K A T 4a 1. ... 01 li 1 Al 3 01 12 . 01 Mo Kan A Tex xt Aa A .. 3S Mo Pacific 4 B 84 1 84 N T Cent'l 8 2 00 N T Cent'l 0a 1 .... 02 2 02 N Y Cent'l 7a 1.... 103 1.... 103 New Y Dk 4a 2 00 N Y N II A II 3a 'B4 1 SO N Yk Tele Aa 2 02 Nla F Pwr 0s 1 02 Nfk A W d 4 3 70 North We'n II Tele e 7a B.. B . 2.. 1.. 1.. 2.. 1.. 1. 103 102 102 ; 103 102H 102 102 102 N Pacfflc It 4a 1 7B 0 70 IB 70 N Pacific R Aa 7.... 101 Nth S Pwr B 1 80 Old Dominion Co'y Ba B 70 Pao O A B Ba 1 78 1 78 Packard Motor Car Co 8a 1 08 Pa P. in 4e B 70 B.. .. 70 B 70 Penna R II Aa 3 H7V Penna Bd 0a 09 H . 99 , 00 . 00 , 09 , 90 , on , 09 100 100 . 09 Penna It B 7a 1.. A.. 1.. 1.. 2.. 1.. A.. 1.. I.. 31. 4.. 2.. 2.. 8.. 1.. 1.. 10B 10SH 10B 10B lOBH 10O Phlla Cnty cv 1 00 Pitt Cln Chi A St L A Ba 1 83 Pub Serv Cp'n N Jersey Ba 2. ... 08 Beading Co 4i 4.. .. 7B 2... . 75 3. . 7.1 22 78 Hep Chllo rota 22 A 1. 90 08 08 08 A 08 nop c of Uru guay 3s wl J 08 2 08 nio Orande A W'n clt 4a 3 63 Bock Il'd A A Loul'a 4a 1..... 87 St L I M A 8 It A O dv 4a 1 09 8t L A B V aj 1. 1. St L 8., 2. 1... AS 08 F In B7 87 B7 67 St L A B Fran Berlta A A S 4.. 2.. 8., A.. 20.. 1. 02 03 02 83 82 02 St L A B Fran Serlea B 2 74 St L A 8 Fran Serlea C . .. 80 . . 89 ... 89 Sw'n 1m . .. 07 St P'l Mnn A Manl'a rn 1.... 100 Sao Paulo ot Braill ct 8a 4. B., 1.. St L 1. 8 8 2 B. in. 4. n 8. Seab'd A 2... 9 Air L 4s ata 1 B0 2 SO Stab'd A L 0a 1 40 1 48 1 48 Sinclair C Oil Corp'n 7a 97 07 07 07 07 07 07 07 I. aj 20 01 01 om ot 01 01 01 01 1. 1. 1. 0. 1. 0. 2. 1. So'n Pacific f 1 70 3 70 12 70. 8 70',4 1 70 So'n Pacific li 1 72 1 72H 1... . 72 So'n Fac cv 4f B BIN 1 8H- Houth'n Bly 4 3 B7 South'n Bly B Texas A Pac La Dlr Ba 1 74 Third Ave aj 1 88 Tidewater Oil Co ct 0a 1 0B 2 0B 8 95 Union Pac cv 0 80 0 88 0 (sale) 8A 1... . 80 Union Pao fd 8 .... 77 1 77 81 77 1 77 Union Pao 4s B 81 1 81 Union Pac As 1 09 B 90 U K of O Brit A I'd 1021 1 ... 99 8 09 U IC of O Urlt A I'd 1922 6 . .. 08 U K of G Urlt A I'd 1920 2B.... 80 i.... 89H ft.. 89 89 of O Urlt A I'd 1937 3 87 1 .... 87 1 87 Ut U Kh inv 1 Comp'y Ba 8 05 U S Braxll 8a 2 . 1.. 1.. 1.. 1.. 4.. A.. n B." 3.. 1. 110 100 , 09 , 001, , 00 , 09 , 00 , 00 00 , 00 100 U S Mexico 4 a B.. .. 33 t; S Mexico Ba 0 4 ... r s n 1 . , 4 44 . 44 A I Bs . 87 88 U S Bubb'r Ba 84 Ht 84 , 84 84 . 84' 3 3. 8. 1. 1. 2. Stand'd Oil o' Calif 7a 2.... 103' 1.... 103 Swlts'd Con H 1.... 10A'. 2 100 3 . 100 A "d 1 3 .1 4 . 1 H.e 1 . 11 n . .1 . 3 . t 76 8 Steel Aa 04 H ni 04 2 . .. 94 uih P A I. Ba ... 70Va ... 70 Ch 7 4k . . 01 Us wl .. 004 .. 00 . on 1, .. nn4 ... ons now E Mf(f 7a 1 ..101 101 4 1 . . 101 Icks'e Bpncr tcel Co 7a 1. ..03 . Ilaon Co lit 1 .. MIS, 1 .... 87 Liberty 3,r Liberty 1st 4s., Liberty 2d 4s., Liberty 3d 4Vis. , Librrty 4th 4r, Vie Notes 3i3 . Vie Notes 49is. High 88.08 87.84 87.70 ni.oo 87.00 03.74 0S.74 I.OW 88.00 87.84 87.04 01.84 87.80 08.72 08.0S 1.30 P .M 8S.tl( 87. S4 87.04 01.00 87.8S 08.74 0.7 GOSSIP OF THE STREET One of tlm lending; flnnncioni of V nil street nld thnt In hlfl opinion the at tltude 0? offleinl WntdiliiRton wltli re aped to the Knllrond Bill nnd nlso the tnx-rcvlsion mensuro has gone a long wny townrd unsettling- confidence In the Mock market Rltiintfon. I'p to '"' if CMtit time, he ndded, thcro lins bej-n little more thnn tnlk on the pnrt of the legislators, notwithstanding the flro election promises of satisfactory rnll rood legislation and n dowmVnrd re vision In tnxutlon. The lntest advices from Washington now aro that the railroad measure will not be adopted before the adjournment of Congress, which means thnt there will be another delay of several weeks before, this much needed legislation has been enacted so that its benefltn may be realized by the carriers of the country. It. Is just such development that are now cnuslne much of the skepticism on the part of the public with respect to the stock mnrkct. and those who hnvo surplus funds In the main ore employ ing them In the nnrehnso of hisllaBrn(IC Investment securities, not caring to change moneys on the speculative swu of the situation. The stock market al ways carries a certain nmount of fcP'V illative chance, and In view of the IncK of confidence throughout the country. Interest hns waned considerably in re cent months In this respect. Tax Uovlslon Imperative There Is considerable discussion re lative to the proposed action In Wash ington regarding the reduction in the Incomo tax rate. Hankers point out that In the event of failure to mnkc the tax reduction for excess profits nnd surtaxes retroactive to January 1 of this year, there probnbly would result unfavorable Influences over both the bond and note mnrkcts. It is under stood thnt recently there hns been quite some buying of corporate securities by Investors of considerable menus becnuse of their belief thnt the tnx rnte would be reduced In nccordnncc with the pre election promises of the Harding Ad mlnlstrntion. but thus far the idtun tion has reolved itself into one of great perplexity. It U quite obvious thnt the Scnntors and Representatives in Washington have not yet telt tue message irm huhh wlilch was expressed in the overwhelm ing election last fall or otherwise they might display an entirely different at titude on the nll-nbsorbing tax ques tion. This is the opinion of bankers and buslness'men who have made a cnrcful survey of general conditions through out the country. , High taxation has stifled business Initiative for n long time pn-t nnd the crv now henrd Is thnt t'"" country had better get down to a pence-time basis, and the politicians of the ' tountry should be brought to the keen realiza tion that the war Is over. Still Holding the Hag Having held the bag for n long time past, the American copper producers believe thnt they can now well afford to assume a firm stand regarding prices. Thcv know thnt copper metnl eost mor? thnii the present selling price, and fur thermore, thev believe that it is worth much more. While the consumptive de mand is not large nt the present time, the actions of certain lnrge consumer recently have led sellers to conclude that the consumers of the metnl were be coming nnxlous about the situation and ...A... n.Ann.itir. ti enter the mnrkct. Sellers have contended that at present levels they are not nnxlous to dispose $1,500,000 INTERNATIONAL CEMENT CORPORATION Five Year 8 Convertible Gold Notes Dated June 1, 1921 Due June 1. 1926 Redeemable at any time on thirty days notice at 110 and Interest Federal Income Tax up to 2 to be paid -by the Corporation Convertible into Common Stock at 33 dollars per share Ner Net Tanflibl Earning AMts 19 30 EQUITABLE TRUST COMPANY OF NEW YORK, TRUSTEE CAPITALIZATION Five Year 8 Convertible Gold Notes (this issue) $1,500,000.00 Capital Stock August 1, 1921 : issued Preferred par $100: 13,648 shares 1,364,800.00 Common no par value t 319,228 shares U i46 ogg ig Represented by Capital and Surplus at per balanco aheet f ' ' SUMMARY 1. The Corporation, through its subsidiaries, manufactures port land cement in New York, Texas, Cuba, Argentine and Uruguay. 2. The six modern plants have a total capacity of over 4,500,000 barrels per year. 3. This issue comprises the only funded debt of the Corporation or any of its subsidiaries with the exception of two mortgages aggregating $340,801. 4. Earnings of the six plants for 1920, after interest, depreciation and federal taxes were approximately 16 times, and for the first six months of 1921 at the rate of approximately 14 times the interest on this issue. The earnings of the three plants which have been operating for the past five years have alone averaged over four times the annual interest on this issue. S. 6. 8. Net quick assets are approximately 174, and net tangible assets approximately 923 of this issue. The Corporation agrees to maintain consolidated net quick assets of its own and subsidiaries at not less than 125 of the notes outstanding, and not to create any mortgage or other lien on property now owned without equally securing these Notes except that any subsidiary may give a mortgage to the Corpo ration; all subject to conditions provided in the indenture. A sinking fund, equal to approximately 10 annually of the Notes outstanding from time to time begins June 1, 1922. The Notes are convertible into the Common stock of the Cor poration at 33 yi dollars per share. This stock is listed on the New York and Boston Stock Exchanges. Present earnings are at the rate of $5.00 per share annually. Dividends at the rate of $2.50 per share annually are being paid. Application will be made to Hat these notes on the New York Stock Exchange PRICE 99 AND INTEREST, YIELDING 8.25 The legal proceeding In connection with Oil, litus hsve been approved by Meant. Chadbcume, Bsbbltt Wallace of New York City 2 03 Hi in lizaoij Vs Note Issue Annual Note Interest Wo will send circular with full details upon request Hayden. Stone & Co. BOSTON PORTLAND, MAINE NEW YORK SPRINGFIELD, MASS. Statements contained herein are not guaranteed but are baaed upon informatjon which we believe to bo accursta and reliable and upon which w nave actad la I i the purchaM of tbeet Notes. 'viu,',,'- v va i1: ';, i-'fii JfiPHfA, 6$p2&t AlfcrU&T H2? 1921 t- '. V, i IT FTNANCIAT. PropOBftlB rnorosAi.s fok nma The Ttonrd of School Dlrectora of th. School Dlatrlot of the TownsMlp of Upper Darby, Delaware County. Pennsylvania, will recelvo aoalert proposala for Mda on Thurs day, September 1, 1021, for tho erection anl conatructlon of a new achool bulldlnw to b erected on the lands of the School DlMrlet. at darrett rond and Ilurmont ave. at Drexel Hill, Upper Darby Township, according to plana and specifications prepared by Hornet W. Caator. architect, 1101 Stephen Olrard Dulldlnc Philadelphia. Pa. At the anme time blda will be received separately for ttie Installation of plumbing-: for the Installation of heatlnc and entlla. tlon syatema, and for electrical work; a'l to be lnatalled in the building above mentioned according to plana and specifications pre pared by Horace W Castor, architect, 1101 Stephen Olrard Bullrtlnr. Philadelphia Pa. Proposal and bids for construction ot bulldlnB shall be accompanied by a. certified cheefc for two thousand dollars (12000.00). na per apeclHcatlons. Bids for plumblnc. bids for heatlnr and ventilation, and bldi for electrloal work shall be accompanied by a certified check In an amount equal to five (8) per cent of the bid. All plana and specifications may be pro cured In the office of the abov--tmmd archi tect upon payment of twenty Uollara duo 00), 115,00 of which nmount will bo returned upon receipt of drawing: and specifications In good order, nida muat ho marked "Bids for new Hchool-bulldlng work" and will be received by the Board of Dlrectora at a meetlnB tn be held Thursday. September 1, 1021 at the Hlch School ntllldlns of the School District of the Townahlp of Upper Darby on Lans downe ave.. Upper Dorby, Pa. All blda must bo In by seven (7) o'clock P, M.. standard time. This School District reserves tha right to reject an or nil bids. PENNSYLVANIA DEPAItTMENT OF IIKAI.TII Sealed proposals for th construction nf a solarium and open-porch addition to the Kast Ward Building of the Stnte Sanato rium for Tuberculosis near Creon, Cam bria County, Pennsylvania, will be received by Edward Martin. State Health Com missioner, at his ofllce In Harrlabure until 2 P M . Thursday. September 1. 1D21. The principal Item of tho work Includes a two-story stone-and-hollow tile extension to tho Eat Ward Building, approximately sixty (00) feet In length Plans and npeclflcatlons may be seen at the office of the State Dopartm-nt of Health, Harrlsburg, at tho State Sanato rium, CreBson, and at tho office of Walter O. Myton, Architect, Johnstown, and sets may be obtained Tuesday. Auirust 23, nt the above offices In Harrlsburg or Johnstown upon deposit of Twenty-Ate Dollars (J25.00) for return of each contract set In good condition. Each proposal must be accompanied by certified check for lf00 The miccoasful bidder will be ram I red to gc n surety bond for the full amount of (tie contract. The right la reserved to reject any and all bid'. Heating, lighting nnd plumbing not In cluded In this proposal. llAIUtlSDUKO STATE IIOHITTAI. August IS. 1021, Sealed proposals will be received by the Board of Trustees of the Harrlsburg State Hospital, at Harrlshurg Pa . until 12 o'clock noon. September .1, 1021, for altera tions of Boiler Houao furnishing Installation and erection of Boilers, Orates Ifcchanlcal Draft und Automntln Control also for Electric Wiring of Building, all on grounds of the said tioapltal In accordance with draw. Inns and specifications, copies of which may be aeen at the hospital The Board of Trustees of said hospital reservea the right to reject any nnd all bids. A certified cheok of ! of the amount of the bid must accompany each proposal. E M ORI-EN Superintendent PROPOSALS FOR THE CONSTRUCTION ot pavln curbs and aldenalks around new experimental shop building Office of the Constructing Quartermaster. Frankford Arsenal, Philadelphia, Pa. Sealed proposals will be received hero until 2 PM. (Eastern standard time), August 24, 1021, and itien opened for construction as stated above. Plans and specifications on application. PICAT1NNY ARSENAL. DOVER, N. J August 18, 1021. Sealed proroeaJa n triplicate will be received until ono o'clock p, M.. Standard Time, August 80, toil for conetructlnj about two miles of con crete road, lror Information and forma apply to Commanding Officer. Special Meetings NOTICE TO STOCKHOLDERS Or WUARTON 111 1I.DINO ASHOC'U- Special meeting of tho stockholders will be paid at the regular meeting place, 1802 8. Brpsd. street, on Wednesday, Auguat 24, at B P..M.. for tha purpose of acting upon proposed changes In the bylaws of the association. CAUL MUnLT. Secretary. PARTNERSHIPS NOTICE IS lIKItKUY (1IUJN THAT AARON Shiilnmit ha withdrawn from the firm of the Star Ladle' Tailoring- Co . f 440 Mar ket st. The buslnsis, will hereafter be 0011. dui let bv the icnialnlng partners undei the sinifl 'iam and at ivie qUovh udd of much of their stocks, belev!ng that ultimately, prices will movu up sharply. Freight Tronic Continues LIbM Offlelalf of rnllrondH operating cost from Chicago nnd St. I.011I& wtate thnt with tho exception of Incrcnued ton nngo of grnln, coinpnred to last, yenr, condltlonH hnve not changed much the pnxt week. The demand for conl does not Reem to hnve Improved to any grcnt extent, nnd the totnl tonnage of thin commodity In Mill mntcrinlly bo low n yenr ngo. Lumber 1 moving in fnlr volume, nnd gencrnl mcrclinndlHC keepH to nbout the Hnmo levels us re cently, And compares in pome enscs quite well with n jenr ngo. I.fforts nro lielng fostered to In crenco the demnnd for coal, cpcefnlly bituminous. Ho far consumers hnve shown little disposition to put in their usunl stock. Jtnllronds hnve sup plied themselves with stocks for n few weeks nhend. but public utility com- Ennles. ns well ns the gencrnl consumer, ave bought but little. The movements of grnln from the fnrms nnd nlso some through tonnnge of both grain and flour ure helping to bring up totnl trnfllc figure In nciircr the level of n yenr ngo, shipments being ranch lnrger thnn n yenr ngo. THK TUADKU. THE DAILY NOVELETTE Consequently n DOHA MOLLAX It happened In tho yenr of our I.ord nineteen hundred nnd twenty thnt n business depression sprend over the land. Caused by n word of three let ters though "n certnin often iiuoted gcnernl of Civil Wnr fnmo preferred to spell it with four Its ronpequences could not be enumerated were all the letters of tho nlphnbct utilized In every posslhle combination. nut to quote just two. John Smith, who, with the help of n friendly pull, had climbed into n snug little seventy-five-dollnr berth in thnt fnirvlnnd called lllmlnnd noon nfter his dlsclinrge from the service, found him self gently but none the less firmly kicked out with the cushion of an extrn week's pny to enfc the lolt. Deciding that sixty n week might have to do while the depiesslon lasted, John ended by accepting forty nnd being mighty glad to get it. Mary llrown wns the other victim In whom wo nro Interested. Mary found herself unceremoniously shoved off the thlrty-five-dollor rung of the salary ladder nnd with difficulty cnught on to (he one numbered twenty-five. Hut Mary wns u sunny-RouIed person with n liking for budgetn. Hhe set aside littlo sums for this and for thnt and kept track of them nfter her own fnshlon. Ho tt did not tnko on Mnry's pnrt weeks of trying to mnke twenty-flvo dollars do the work of thirty-five in vn In. She moved nt once to n cheaper neighborhood nnd n chenper room. Mnry could no more resist mnkfng n homo of any place where she happened to bnng her lint than n bird can with stand Diiltditig n nest In tho spring. Ho it was n "light housekeeping" room, of course, and It cost Alary n sum which her budget instinct toltf her wns out of all proportion to her Income, but If one must hnve a home In these dnj'H of profiteering pirates, why one must pay the price. John Hmitn, on the other hand, enme down by stnges. Being by In cllnntlon n strnugcr to personnl ac counts nnd by nnturc an optimist, he gave up his two rooms nt seventy-five dollnrs n month for one nt fifty nnd considered his reorganization on n smaller enpitnl completed. Of course John had It to do over ngnln; and finding himself one Thursday with a fifty-cent piece to Inst till Snturdny convinced him of thnt. 80 it happened that he took the slx-dollnr non -housekeeping room next to Mnry's boiuc three weeks nfter she hnd moved In. Th":' hnd been u busy three weeks for Mnry. For nfter business hours she hnd nrrnnged nnd renrrnnged her few lares nnd penntes. made over her curtains to fit the windows nnd de signed nnd enrried out vnrious camou flages which transformed her own room Into four with imaginary chalk marks In lieu of wall". Mnry nroBo promptly every morning at 0, prepnred herself n dninty brenk fnst, n neatly wrapped-ln-the-wnx-pnpi-r lunrh for the mid-day repast nnd set her home In order for the day. At night she hnstencd back cnrrylng bngs of vnrious sizos Prom their contents he concocted , meals on which no hundred-a-weck chef could Improvo upon were he given tho snmo materials to work with. If Mary sometimes wished thnt she. might experiment with twice the quantity,, of foodstuffs nnd perhaps receive, n compliment, verbal or otlicrwts?, upon her culinary skill from some one who might Just net urnlly belong on the opposite side of the little tnblc well, would only go to show thnt she was the very human, normnl sort of girl she looked to be. As for John Smith, he nte In restau rants. Twenty per week, John, hnd de cided to cover meals, but it didn't. And, nt thnt, he wns Indifferently well fed. There wns n door between Mnry's room nnd John's, a typical, between occupied -rooms, rooming house door, locked on both sides and all the crev ices stuffed with denim or something. Whntever It was, It did not keep 6ut delicious odors of boiling coffee nnd broiling chops. To John these nromns seemed a sort of Intangible nnd in the end disappointing cocktail, creating an appetite which restaurant meals could not satisfy. Of course., John nnd Mnry met oc casionally ns they passed In nnd out, nnd, of course, they took n healthy In terest In ench other, for they were young. "I'd like that girl; she's the sort good pals are made of," John con fldod to his pipe. He allowed himself to dream In Dit before his sober Judg ment made on answer. "On fort? per? You poor nut I" Then came a day when it rained, rained, rained. John came home rather wet, and after changing decided that he would not go out again In such n downpour, even if be starved. So ho sat down with a magazine, thinking, perhaps, to substitute "food for thought for the mora material va riety. By chance he opened to the adver tisements. So It happened that the first thing his eyo lit upon was a triumph of realism In nrti a steaming, Juicy steak, over which a white jacketed chef wns In the act of pouring some body's sauce. Simultaneously, through the Invisible chinks in the connecting door, stole a palute-tlckllng nromn. It might have cmnnated from tho picture Itself! John got as far as jerking his still drliiplne rnincoat from the hook where he hnd hung It to drv. The wind blew against the .window with Inert! violence. As ho hesitated there cam a short, sharp scream from the otMr side ot tho uoor. bometning nan goij wrong Iq there, that was sure. ,.' John ran from his room and out ; through the hall. 'With his hand on tha;;-' knob of tho girl's door he called, ''Aw thing tho mntter? Can I ho of asr 1 help?" v, Y "Oh!" camo n distressed voice, ''wri'Jr'H lovely bteakl It'a on fire!" ' Vi Tfihti nil nil A1 AnAti tli rlrtrtf nml ft Vl M asaW-it1if tAi 11 lli at I II It IrtM Aflat U Brown stood goalng helplessly at a ' miniature gas stove, whose Internal i IVftiUIID IIO.U U lUlTJlJ,, VUtlllllU, totsVsVIVJ and hissed. Black smoke poured from an opening. "Did you turn off the .J vnoO TtU.. ..L..I M.t I. .t, ... ft r"' . "..liv ao,"iu """ " " ""i i'ii nrcatn, "uivo mo a noincr ana a xorici ri jinvo a pinner reaayr It was tho work of a second. Tha steak, after all, wns only slightly hcorched on tho edges, and after res- etitnrr If renin thn flame. whlrh . .. ,.. I .... m.....,1 I, T.1... bl.mm.ili 1 the oven door to, remarking that the grease on the little trny under the broiler would soon burn itself out aud that meanwhile ho had better open a window to elenr the room of smoko. The rnln hnd ceased with nn abrupt ncss commensurnte with its intensity. The air wns soft with tha promise ot spring. A block cloud moved n frnc tlon of an Inch nnd revealed n silver crescent against a background of blue, And it followed as naturally ns tho clearing nfter the storm thnt Mnry should nsk John to stny nnd share th steak which he hnd snatched from tho burning, nnd thnt she should receive that compliment upon her cullunry skill of which she had dreamed. It whs ns Inevitable as spring after winter thnt John Smith should exper ience that queer sensation of having known Mnry nlwnys, nnd that In tho intoxicntlon of her presence nnd a satifylng meal he should tell her sb. And ns old ns the young crescent moon wns the thought which filled John's Inst waking moments thnt night, "They say two can livens chenply ns one " But Mary, nfter the depnrture of her guest, opened the door of tho lltH gas oven gingerly and peered In. "I might hnve set the house on fire," she reflected, "but, anyway, I'm glad I did It!" li lillHlF Ci 1 JJlHHJMt-r WL3f Ohe sign of a etter Gasoline If you have held to the belief that there can be no discernible difference between one gasoline and another, you make a careful note of the results you get with today s Atlantic, For this gasoline is different. Greater in calorific power. Finer in balance volatility and stability combined to a degree that means quicker and surer ignition, sharper and more complete combustion every possible ounce of the fuel's potential energy converted into live wheel-turning power. You'll not only feel the difference in quicker getaway, faster pickup, and a more vigorous punch behind every piston stroke. But in the sustained test after days and weeks of steady use the proof of Atlantic quality becomes unmistakable: Ignition "knocks" disappear. Carbon accumulations diminish. There's less popping and sputtering when "warming up." "Misses' are fewer. Mileage is greater, as the recorder plainly shows. "There s an Atlantic Pump on the road you are traveling the sign of a better gasoline. ATL ANTI C GASOLINE Put sPepin Your Motor 14 MJsssSSl!Lj.-.VJJl6lft'VAfVw.tt.r . i. j'iiH'i'j''.'i-t',u ii-U-iUy J ,...j ,wt..WO'jSW-Ji M4 -,ri.. ww,Jnn A ? rt. ( i-.Ht A. MC ..J,&... a JV,4S 'V-f. -. 1. - ' - feM..vjii.asto.J-ffif , "'V , j-jj r-41