l!I!!?l5In '"'-.WHn-?itp lir?f??$'fPiT'1
f, w -...""i. '
m&ftv.-v T.--r,flif-"
-nr-,
' -r -
A- H t, '-
,, - ., a, r - - -r j3 Tf-r' -- i -
iTTJfi
'Jl
22
EVENING PUBLIC LEDGEEr-PHIEABELPHIA', TUESDAY, DECEMBER. 27, 1921
tf
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"''I
LETTERS OF CREDIT
TRAVELERS' CHECKS
They r(l rrnlly an absolute
necessity when trRTelln.
AVc Issue IhMii (joeI In every
country of the world.
The Real Estate Trust Ce.
Hrend and Chestnut St.
GOSSIP OF
THE STREET
Edward B.Smith & Ce
1411 Cheitnut Street
Members New Yerk and rnlladelshl
Bleck Exchange
Investment Secwrities !
Philadelphia New Yerk
The reaction In Inst week's stock
market was net confined te any one
ndlrldual lRue or preup of securities,
but (he easier tene was gem; nil, In
fluditij: practically nil tlie high-cradi'
cll an the nccurltlcs of lesser Impor
tance nnd stability. At the close of the
week bankers icrc of the opinion (hit
the market will present an irrejC"1'''
tone for at least nnether week or ten
days befere the upward movement that
iwih luternipted ten days age it-rain re
times. In the mcantlrae there probably will
he a period of accumulation en nil dharp
hrraky. bei-nuiv the market if Mild te be
henej combed with orders iliuhtlv under'
prefient iiuotatlens. hen condltienr. of
ndverre trnde balance between Orent
Ilrltaln tjnd the United States, the con
tinued experts of cold te this country
nnd ths prniprets f allied debt re
funding nnd of encenrnglns develop
ments that may hi achieved In an In
ternational economic conference Less
fnvorable international trade position
of France Is predicted.
Spurt tn Ceal Shipments
Official ff rallrends operating east
from ChifORe and St. IjeiiI report a
lltl. meM ccnerul merchandise merlnct
ie ivmpnred with recent weeks, and n
illtle spurt In coal shipments dire te
the colder weather but otherwise no
outstanding features. Frem peme of
the ntecl centers there wnB n little
larger movement of steel products,
which" wns an encouraging feature.
A SretsonaMe StaeUenln;
"Tn the rxeneral trend of business In
GEO.A.HUHN & SONS
M-OCKX ANT) neVT
Members of the rhlUtletnhla. New
Wk nml rtitiii tei'i l.T-lianrea
eu tnrk (ettnn l.trlnnte
Commission Orders Executed In
All the Principal Markets
Libert)' DenJs Deurlit end Sold
Ucl.ctur Court tldlc. lim Walnut St.
X .. Itl nremluar
tM unJ nhi.i,, Vt, ili. i"i VLin,; thle country, the outstanding feature
?f tJ, mnif . I t.Vfi.n!al po7,Uen of the month has bren the slackening
1 JhZ mnrket U P1"1 s b,,rjMH!un of wholesale production in man?
,:' IT , .7,, .n."f" JS!!? ' S" ' '. "- !? In demand from reu-
txUe place quite n Uttle speculative sh'jrt
selling, there would be n tutScuuit
nbborptive demand te prevent n break of
sny wlda oreportluns e xn.r.Hi.'. ''"In
oTisiencef a short intern r !ii t..a i ar
! t abe usually in rf-;fiH..J - t i favor
rvrri by the bull, .bevau-u ti. . also i
Hti element of snfety.
sumptlrc rhannflu," says the current
te of the t'enu national lfulletin.
I "This, however, is purely u eaf-enal
condition of affairs, and Is always wit-
neiStM nt this time of year, evil in nor ner
ii.Ml prleils. Manufacturing Interests In
i t!i" lite summer nnd early fall always
1 ! ed up production te tnk" care of
riNXMIAt.
BETHLEHEM STEEL CORPORATION
Secured Serial Seven Pe; Cenl.
Geld Notes, Seriei D.
Tt
tii
NOTJCX Of nr.TlKMPTtON
wln'rr demamle. As n result, peak of
. ., v. , , i prwluetlen in Ttitnessed in October, with
Kushing New Bend Issues ', gvnduul falling In the winter months.
etwlthstuudlng the large mneunt of i In th" spring, however, the Industries
new bends offered for Mibtvrlptlen dur- ! afs'oeted by this seasonal demand will
lug tbr Inst week, tht : .;..Jitv with i again b eperntln; near normal. M'lth
which lljpj liaic bre.n ;).!.' , itJ in-'this gradual curtailment of output in
wstnrs or at leaM. with .eaJ I an been the late autumn, hewes-er, retail trade
ltttle Kheri of amuxlng. Ua,i.ii'n f"cl generally expands, nnd this Is new being
thaf flu- time U rapidly r-iu coaching v.Mtnerspcl."
h?n ,b';;itua,,en '" '.his r.-. 'sect will Itrelrs' Opinions
change betm--e near t. c iji-- of the . , ,, , ...
wck there was u reflect !m .' orefit- I 'unrrr, Henilersen X. Koeb:
tnVintf i-ti the rmn ir- f'-r,.,. v. 1... 1,n,l I-VCn the tne-l tiObninilitlc f.heuld new
previeuhly takeu en bends at t-ry much 1 1"" 'nvineed we are in a major bull
rh and rrfr heidrr 't tt-e 'wertd Ien "r 'itiofatieus. It w n:i .) ,t natu-al te ' nievfu-.ent. IJeattiens fctieh ns exnerl-
etppet thur there no;:!d be -,-.. preflt- I eneeel int weeK mav come as tne de
taking, particular! a- t' .t.ivaure In i'i Hit gr.'iit mnrl.et trwings. but the
bends hus been met spcta -u!r, nian world i.' working back te letter etindi-
nen nign records iia.iij Ud'u citan- i'it.m sietv.j tut stenniij . fe many
llshed within u comparatively short ' men of oemmnr'inir noslttens have
ferial ern lr feat (,eM 'n ere
T. of thlflim stffl orwiil'ei Is-
ufd undfr the Trut ludnrnre. diiled
Jely 13. 191.S hetwn HrtM-hfin Slefl
t'orpernllnn. n-lhlc!ieri lfl Cumt'ny
snd M.-inW- Trrt eripe. n- Trnstre.
NuT7i"E I Hinl'.Bi 11VS ' i lletnle
hem S.er. i'erre- n t?' - ' "' eicer-eie-
im -'sh: . r'f ar-! x .1 "If'i "''
ry. en Jsrusrv 10 10?: i.'r' ' ."iu".,,4
Brll Sen, : Per i..ii iJell Ve' ' rlft
P tnn ei"nn:'j .'nt r n-i' .1 iU
Notes of S-.-1-r D w II ? ei ei'l -dm-tlei
'! Jrjr : !r.'. -Yk- '. he.ders
of is e'f of frr. V ar reeulrsd en
aid d.-mr-icn 3ru - rrss-j r.' for re.
Himn'Ln miJ tM-. t : i erice t ""
rs Trui' m.-a-; N- l' W. 'i' 'T
the DereijC- v'fv.w . t:i '.tr Uy or
Sew r. pl M- "" p-esr"at'eti iw
urrer4r t1--' "-iP" is inaturtns:
r J- t" n:2 '- I 'T." ' crfi3
a,d ".-. u - l V"" "dmee
' veil l0" cf - .--'-.). ameiin
t-er-ef in , irif
Atmri. n dat
time.
The iv'tHltj in the int week in tlie
imnd mnrkef Indicated that tue Mtrii'tin
bat'klne houses n-ere nishlns into th
market in nn efTnrt te , Orbt
at the bit, each dav brlnslng fort', a
large volume of i.p issuer at highlv
attractive Income return rates, ahhetnh
rhe tendency of late has been t" advance
;)rle? with a cen-efjiient lowering ' In
cinje en the invej'menf.
i-i I J
teNVF.nn rr.iMi.r.r.r
t j-ir-r .- !- re e- e -alu
Tru.( l -it- .-- , it" ' 'x-Linie -all
Net c Sf--- ' r . , 4s-i Mer,-
asi 7h r'-V- slrk'i'it fvni S'.1 ir -?"'
Jiiiued th" ran's of the optimists and
have publicly eprrKtl their vn that
it is really a suhjtet that no li-ngvr
neeart diS"ii.t!,.ni. it is new only nee
.'ari tn patlenlly await oemmorclal
i.ed ilnanclal developments nnd gradual
n'.aturiris of eihting plane. In the
Uieantline furthrr additional prerf of
i thfe yrcatly linprnve.! banking portion
I i., s:.-cn In thi signlllrant bend opera epera opera
!tlef. When th distribution Ibis week
, of appretimateir '11".000.iV) of imw
, is.yjfs is tal'a in cousdderatlen some
Idea m ibtnined of the market's ;ilv
Mrptive pen-?rs and liUewjue th, -xm
fcrr jni of in e .nd awa'ttiij inv&t-
I'T.'. 1' ia nor' re-nnrknbli' lierouse
NEW YORK BONDS
Canadl'n Nthn
CHa rots
8.... 10S
.... 108
J 107-i
Canadian X T
1.... 10I)i
Chile Cep'r U
B...,. 94
fl B
S HI'i
1 S4
10 84U
Chile Cep'r 7s
0 P9H
Clilnese Oee'l
IMC KIT Bi
0 43
City of Perten
Ss reta
1..,. 10BH
City Uerd'x Cs
1 84
City Lyens Os
1 84
1 . . bi
City Mars' flu
2 I4
Cl" IUe de Je,'
nrte (
laxtjsa in ioeoj
2 01U
Aran T A T Os
a.... ietu
a.... ietsi
0.... 10714
Am'n V 1 lis
I... . MU
Ann jrber 4s
J COH
ci r.ev
A. T & S Ke 4a
84
8 M'i
84 Tt
1 84 't
A Coast I, nit
34 70U
Atl'e Krult 7s
J 2tU
A Powder 7H
1.... 103 '4
Halt & Ohie c
74
74
73 S
74
73
7a K
78S
t.
ft..
r. .
Ill .
Jl.
9..
100
tee
JOU
100
10O'
100'4
100U
HMJH.I
! U Has1
I.
t.
B.
B.
1.
7.
10.
nOnvle) 74 U
Halt A Ohie 4a
1 76
1 70U
Halt A Ohie As
1 77
3 77
B 77U
1 77U
Cuban A H 8s1 3 77
1.... 103 ,llalt L Ohie i
Cuban C3 8 ev S
A Ml 1 04 V,
Cuban C But- 7 VW
8s at 1 ffisl
8 B3H 3 PBH
CubA Jtallread n ft O P I U
Ce 7m l & W Va4s
1 .. ine4 1 724
2 . . JOOH 1 72
1.. . 1001,1 1 72',
2 ... lOO'i' 1 .... 714
Dem Itep'c OslBalt A Ohie
1 SO Wn SHe
D Canada '20l 1 SB'
B. ... 05 ! 1 854
D Canadi 'IS'tl O Tei
3 nn
Distil Seeurttr
Cem os
3 44U
D de Nemours
l'wd'r 7 Ha
1.... 103 '4
1.... 103'i
Brie Oenl Men
1 42V;
B 43
U 43
8 4'J
nrle n K cv A
1 30
1 334.
P 3
1 3d
Brie Tl n ev n
8 8CU
Grie n U cv 1)
0 38M
4 SO
r, nu
10 se
Erl n n Ce 4
1 BBS
1 BBs
2 BSM
2 S4H
nk nub'r Ce
8a rets
1.... 100U
t.... 100H
Flerida Cent'l
Pen en Bs '
1.... SO",
Fert Werth A '
D City 1st
1 lOrtti
04ri'F'eft Werth &
n O'e let
1 78
0n Elee 34s
1 70
.Gene'l nice 8s
1 00
Ooedyear T L
nub'r '81
National rtwa
Mex y,n '87
1 22V4
New Or Ter 1
Mexico 6s
B OH '4
N T Cent'l 4s
2 83T4
J 8
N Tk C no 4s
1 64
N Yk Cent'l Os
1 07
10 &7Ti
N. Tit Cent'l 7
8.... 10,1 4
3.... 106
I! Y Kdlsen Cu
fl'is rets
1.... 103
1.... ion
fl.... 10fN
1.... 10B
New 7NIU
It 4s 'BO
1 f.7
New T N II S,
II 4s '67
1 no
New r N II A
Itart'd 0
2 r.4
3 68
1 MS
1 00i
00
ran A Pelr'm
A T Ce 7s
8 03
Pa II rm 4i
0 33
2 NRU
Penna It II Bs
1 04
4 04
S 04
1 tli
1,.... 03
1 04
7 04
Penna n !s
n.... 101
2,... 103
1.... 103V
1.... 103V
1.... 103
1.... 108
B.... 103V
renn II n 7s
1.... 103
1. .. 108
Peoria A 17 In
1 23
Pierce O 8s wl
1.... 100
Fertl'rt Itwy A
Weill 7
102
Gn nallwar 4s
1 C0
1 004
1 004
2 6i
n et
l 01
En Jtallirav Bs
1 88
2 88
Sn niy Mobile
i. O Ctfa 4a
2 CflH
2 00
ifleel Tube Ce
of A 7a
1 STU
Term'l II II A
of Et L 4s
0 77
Third Ave aj
I 1 40
Tidewater Oil
Ce ct 0a
a.... loon
l.... loe';
Union Tae ev
0 80
4 (sale) taii
Union l'ac fd
6 C2
Union I'ae 4s
78i
New Yerk O 'iPub Serv Cerp
West'n 4s N Jsy 6s
1 (sale) C,ni 1 78S
1... . 00 (Retdln Ce Is
K Y Tele i 10 81
3..
3..
7..
.
2..
; 4 es
P", 'Fell Telephone
i; i, I of Pa 7s
PJ 2.... 108
r,;,iftli Steel fd
07 1" 93
07 I' f.'dlsen c 7
07
I
1.
101
D Canada '31 B Hap T i-t Bs
1 pV 1 38
Oeve't PrenOhlHuitl Illd'B As'Hud ft Man fd
i as:
N Y Tele'e '41
3..
1..
n..
)..
i..
4..
10..
no-
09
03
03
00
0l
lt
110
O Nfn Rl 1st
3.. .. 68
O Neth'n U 7a
8.. . 108U
3.... 106V
10.... J00
1.... 100
10.... jnn
.... 100V
R 7s rets
1..
83
j Id Corperator'.
1ved ,-ider n'.l
jit i. iP4a p 1ed .-ider a.l
iSrt'irt -nil cen'lnue , te 'd re-
. Jans- !' T". t,"1!'
ther-f-r
f eu-'i
Oeld Bends. Ser'e
li'ls Aviuit t. 194s
rrust inu-rt'irt
e.srrpt'en
M. A -. A
ef Pn'icr, Trjj- ' c-.r?v t it "?' sai'3
nte ' , re 't,e: ft t ' " v .il
T - r oeil e- -a. 'j r .
tc..:i r-'.'-ai unto mi ..n.-u
na, - p. n'.i or Tttii'ipiu te-eon ir.ai
siicr ter ., t. .V.n .
n4 n-. -a f r- cet't ;-- emium.
.11. A I B .. ..41 ... .. . f 1V.I
siu- n:- ft i i , a -,.--' Itesnture).
will -ri r''r" v. ti "i'T of
Nete? f irr-r - ' 10 ecrftn7e.
m ft. .. I.. . ft a net. If-.til.'t
nh i--ie-. i- -Ri r -aid J orpora erpora orpera
t en '? . v- e' tPe .c-.s mount
or t . y'., fJf .-'... L-.e it
alir.. .p.. , tr. wh evar.
p lea. ,i - i u r.iS'l '" the
a d bei'' .-e.-i's . ac-tt tfie
Uj'1 v T- .- " - 2 '-'
LtTMI.;-ilr:M .-M .1. ?. KVTION
l W V. IIAUr.MV.NN r"irer
Mint l JT"ueui.Jirut ,
Te tlie Helder t nn I'vr sri( Twe and
Oee-lljlf ar t oil tttr.il tmld .Nmei. Uaiyil
HI1 AMI 1'OUtK COl'. tssied
I nt.rr .ill ter i( I riift Vrmnit Itetween
liferuU BjIIk ! anil Tuuer Cumieriy ami
llrerl and I empans . 'frnte-. Hearlnu
UUe Pale. . ,
s'et.-. s b e. 'n lt-t iu'su-t te
tie t.rns of the Ce!lat.-al 1-ust Aareerr.eiit
tween i.-ercia n'. n- art Pev"r Coin-pan-
an t'rie. aid Ternary. Trujtees
ate-J ! -Uraar' I. l'J-'O, Ueerk'a Ra'ia
inH P i'x i nmnn ill 1 re-i-'-M a'.tl Pa
n JiiLir 3 1"2 a I of ita then eutstand-
iiir, quotation., uave held up m rather
wprininE fssliien nnd (he intenflnl de.
iia:id i iviri-ri'erei te be tuRinnflul.
Tue'e are all cenvir'irc fects, no' mere
faneje. and eiTt envmrinir tetinienj
as t- Ire ,-l-w'pn:ei fotindatlen upon
The Cupper Trade OiltloeU
Surplus t-tefk. both i reue nnd re
ined, hpre been crentit n .uee.l bint"
t'ie ''tntn.;'' : and if nr of tli oeppnr
injpiinies ri'ime liberation;, ;if -t
tweeted iilue; In March and Apr-! of
next year and sales fentlnue at t.Sflr
present telume In the interim, surplus
-tueltv -heuld then lie de e te 'lernn'.
It -diejld be remembpred i.nt ?ren
if prtltiers de n'sunt" epera'lnwi
earii t "it nritic tne rennri; Tiroeuctt. trti rt t eemtriiettv" ,r rtenntlrim,
'rem thee ii'lnes will net reir.e en ihe i tlnn n.,,in.nr I r.,. 1,,, .t-.i..,i t
, prce te ,..d eix marker until atfer n lapse .f from three v,VXl- et en v t0 ,, dPrilPM.,e ),,...
"f bona '"Mx months. 'I ht5teae:e leA tn-n mp e,,, hlt , lhp felp, nueMlens a
i-vptirt iienianu in tne -yi.-triK -tii--.. weli . ;n ,1.. ,., .j.,.,. ,,, .
' --"n ....... -..
iterance TiotHtlens ein be found cn
erfte -, .denrv if btip'. t.ilien te bring
i an Imnvdhte ndjustment of the ecv.
nepiie nrrjirrnm et tiie ( lid A"i'i-ld en n
btir'ine-e -like marine-. In rin-,'nueni-e.
The mnner fr.sde ts fnr mure enti- "-"" V"" ear K,v'" "f,'T Preni)fe et
tiiis'i,- new than f was (.: t.ienth- n-je. ' st.-inint: mil under ir.ueh mere pro pre
emp!ia.lzini; that the .It rfleptnpn' of P"'eiis "iriiitprtntiees and eoudltien
hydro. eleetrie projects all f. n- the tlui'i Tas dreamed only n fev months
world will call for tarce r.ir'""n.ts ei OS". ve. Iherefni"., are .-.till nt" the be be
eepper In addition ! tr.e prnvpt -lite Hf tl.si r'.e fniu-ftnl iiuriier swin-.- If
eleetriticittie'i "f nan railroad'- in tin-, i"l "tti-.h-. 11 admnlaye sheiild tr
60..
8..
n
6..
a'.'.
0..
1..
4 .
3
t .
1..
t.t
1
3
11
1
A.
Gei-
02ICallf a ft K Ar
P4 3.. ., 03
PI '.Care Cllnehfd
P4H Ohie 6s
04! I ....
Pt' .Cen'l of Oa en
P4 4 P0
Pl C'n'l of O
f.4-l 2 08
PIlCll Parlflc lt
015; 8t
041 1
ti4V II
1.
1..
I..
10.
78
7 A
76
76
3.
..
1..
1..
18..
1..
1..
1..
1..
10..
4..
10t
101
101
301
ion,
101
101
101
101
101
2.... 101
N T Tele'e '4u
1.... 102
2 108
3.... 108
N Tit W O ft
Best 4s
1 23
Nla I Pwr At
B P3
Nfle e'n P. s.s
1 f,0
1... . f,0
t.0
2 81
1 81
Rep'e I ft 3 Bi
1 02
P.edt Il'd A ft
I.eul'H. 4 Vis
4 77
Rt L I Jtt ft 8
Railway 4a
101 2 80
101 st iiiani
4
6.
1.
1.
3t I.
4..
3.
7I
... 71
... 71
... 71
t B F In
... B4
... 64
... B4U
St L Sew'n 6s
II 724
San Antonie 4
A P It 4s
S 70
Seab' A I, a'
2 13
1 14
1. ... 14
Ifsale) 100
ICO
jr).
ths
wlt'i
ar I
et l
Ar-
I'jtlr.r of
Ner Yerk
demand in the "-n.-lns: of IP'J'J.
pre ided credit exter-.eti terr.jrn
eeuntrlet. i-an be effe.-ted. Tl is fur in
10-1 fiernmnv hn been the Idxcsi
htijer of Anier'cen copper, .lup'in has
taken fairly geed encu HKk it red
metal.
1
1
t..
111..
1..
1 ..
1..
.MV 1 MV
QA C R N Jny A
06 1" 101
04 Cere iJ Paa'e
P4 Ce'r 8s
01' G lit
P4 1 114
U4VChs ft O 4'
04:. 1 3--- 83'i
F R St! 10 88
C ft O ct !'.
2 81
2... 84
C ft O cv 6.i
1 84
1 84
1 S4 i
6. ... 84
Chi A Alten ,v
2. M
Chi ft Alt aui.
I 17.... H7
6 37
Hud Man In
1... . 48
1 .. . 48
S 4S
20 . . . 41 '
2.... 43
III On 4s '51
2.. 77V. I
81 (111 Cent I Ae
Sl 1. 07
Nfk ft W ev OslSesb'd A L f.l
8 104 I J... 31
26,... 104 S A I. 4s eta
North Weste'r 1 50
Bell T 7s Feab'd A I. fi-
1.... 107 3 42
1 107 Sinclair C Oil
1.... 1084.1 Cerp 7s
fi jn l'ac 0s
1.... 103
Unt'd Drue 8s
1 ... 104
10.... 101
1.... 104
2. .. let
1. .. 101
u e n & 1 8a
: 08
U 8 Rubb'r 6
3 80
8 8"i
V B Rub 7s
1.... 103
2.... 104
3.... 103V
UM S Steel Be
10 .... 00
1 00
1 P0S
1 .... oei;
3..... 110 :
Utah P ft L Ss
1 80
1 SO
Va-C Chsm fls
2 04
Va-c CU 7a
r. ti3
1 04
Va Rwy Ce 8s
8 88
West'n Klec Bs
18 03
Went'n Md 4s
t',... 60
Wn'n Pau lst
1 83
8 83
W Pa Pwt 7n
P8
08
P8
OR '
IIS I
CONVICT KILLED
IN ESCAPE PLOT
An Attempt te Assist Injured
Companion Balks Dash
of Five
TRIED IT ONCE BEFORE
Ills ir'teel t.,
A . 87
Info .Vet 4s
100
l(ii)
tee
100
100
100
100
00
100
B . . . ''
Od Trunlt of
1.
20
20
10.
IP
6
3
0
Int M ct
1
30
16
II....
Intb'e It
4. ...
8
8
8t,
3 lOrtui 1
1 pit 10.
1.... 108 I 1?
1.... 1C0 13.
N I'aclfin R 4i ..
2.. M , V.
t... M 8.
10 M 6.
3 84 , 'J.
N I'm in" H tt JA
1 . . Ur, Se'ii Ujil T .', 1.
1.. lflnm I... . 03 V
1. .. 10tll t.. ll.ltji 1.
Or-W R rt Ce I.. .. 03 A
It N Ce H e ti TiciOe M I.
84iWI1sen Ce !
84 a. ... 04
84 Wis Cent'l 4
Auburn, N. Y., Dee. 27. Five con
victs, recently found guilty of rioting
In the yard of Auburn Prison, failed
In an attempt te escape en Christmas
night through their attempt te carry
away ene of their number, who had
broken his lee In flight.
. This became known yeslcrdny when
prlsrin officials announced one erltnltinl
had been slain and the ethers recap
tured, s,
The qulnte!, all of whom came from
Uuffnle, had been serving long terms
for manslaughter and highway robbery.
Clement Vacyna was the convict slnin,
nnd theso who planned te escape with
him were Jehn Wydre. Alexander Y.
Knllmewskl, Walter Onhdlk and lTrnnk
Lublekl.
During their confinement in the Au
burn Prison they were placed In cells
usually occupied by condemned prlR prlR
enertf. Kach da they were taken Inte
the oetirthouco and each night returned
te their cells. Convicted, they faced
additional sentences during the current
term of the Cayuga County Court.
At 7 o'clock last night, when the jnll
count was taken, t'he five men were In
their separate cells. AVhen two minutes
Inter a keener looked through the bars
the five cells were empty. The sixth
cell htill held Its prisoner, who had re re
fus.ed te jelu the break.
Use Itepn of Jllankeis
Investigation showed thnt Uie con
victs hud snvied through the bars of thu
live cells. Then, mounting en one an
other's shoulders in the corridor, they
Mined through tlie bars protecting the
ekyllght. With a rope made of blunkets
they climbed te the reef.
Maklne their May te the root of the
1. . 10.1 I old execution chamber. lhy drenned Inte
W Sh isree the outer yard. Knllmewskl landed en
11 barrel, lell, and broke nla leg nnd
J .. . 7fl
v union t,M.. , .
, .., , IUO
4! ter, 14 ! Heluctant le abandon him. his fellen
07.Wellnths,e 15
07 ft Mff 7s
01 1 . 10.-,
07 , 1 ... te.,
PV 1. . 10A
I;--.. 774 "
?7 ' r-xr iTn 1. 'a-,.
1 00 2
8
8
f.
n '
c
H
0
T fd
63
62
r,2
Vi
62
A2
1i
Pacflc 4
.... 78U'
1 .
8..
fl..
prisoners held a brief parley and then
nlaced him in the barrow and wheeled
him te the outer wall. Ateny valuable
minutes, hnd been levt, ntid tt liecnme
..I.I..I .)., 4l.M A....U ..... I.M..I LI... ....
a. n, in, ill. (uriL iu',1 .iitiiii inn uu'll nun ,,'
ft Li i i U'J"' " r"Pr '" te'' ,01 ' ''ie wall.
. .. 02 ; Hnaklng Inte a cabinet shop, two of
. k, i'.,eith prisenerti ebtninfd n ladder. It
1'3,-nnn Keeral feet ten short. While the
convicts were looking for another lad
der, the alarm was sounded nnd guards
appcHreil oil the walls with leaded rifles
Kalimewrki uea the brvt te fall I, id
the clutche of the authorities nnd
Gahdlk and Lublekl were the next re
captured. JJut n search of sevorel hours
failed te reveal the remaining four.
K11U One by Chance
At 4 o'clock yesterday morning rat
rick J. Mehan, n guard, looked Inte an
office which hnd net been searched ear
lier becaiisu the deer was found belted.
Ah Mehan entered, he said he saw
Wydre standing In the packing box,
with a hammer raised te brain blm.
Mehnn said he fired two shots te
cre Wydre, Frem the box enme n
bcream, Pucyna, out of Mehan's sight,
promptly surrendered. Pacyna dllivl
hour later. u,'lil
Wydre way serving twenty .. I
The nccumulatcd terms of p, v
amounted te forty-Dve vn.. ..V?1!!
months. The ethers, with tha r.3
tlen of Gahdlk, who would u.!x?
released next year, had long iirn
Warden Kdgur S. Jennings tnd ,l
pcriiii.t:nui:iiL 01 oiete J'rtneii (.1 V tt I
lean have besuu n full lniA.n' :.', lll
dctermlne hew the prisoners eh .? I
saws. VU"")J
Announcement
We beg te announce the
removal of our offices te
1130 S. Penn Square
P. K. Guthrie & Ce.
Members
Philadelphia Stock Exchange
Dec. SSth, 102t
Phenes IS W
Hare .',SSS
71
nc be
" 0. a'ern,
I2i j-.t
i'aa '
d-'li, r ,
l'nited I'll'.
sterling I'AjMxieil te N or!, Ilijlier
ferne of the b-jt nuther'lie or for
eign exchange in this eeunfr) epei.t n
gradual further rise In ierlm nfter
the end of the year. Tnis is ba'i'd upon
the favorable influet'ee f pnri'hlites of
.l.;-,"ij'V"u"iry" WuHUe, In the I.end.M, inarVe- for
iijpii un4r sant .MJr Tnitt
rn ' hnv - s et a ferft
l-inrin lai? tr-i ,. or u-n
.' ru-i?rflr c; a-.fl mvv wi
Amennti onernr t'r if5f-niris; -f tlif
Jsjf"
m la
pi it
ha rihrtiii 1 tft"?. ai.1 Auiript I V'22
eupcru attache-l. at nl! clc up afore
nnd. lTnt will h mad te the fc.eWri of
aid S ! at. thHr -?1mptlei. -ftlu via.
hun-lrl au'l erejuarter yr ent
'100-h of th.r fftc rAl'iCs Mi1 acrruetl
"lertt te Jiinuarr 3 1U-2. aneuntinis tu
l?0 56 upon narh n--.
-3ihe dr t rei.i icVd ihat ft em
rairv U net permCtM by la u pay imrfi
ipflt n i e'e pr-tJ fuT- payinert un.as
rf -jr, in w in ca1- t' reri owner
" p "!f e- tj 'iutr'i tt Krrtera
Innr i Tm fj,
T Itllfl I ' .p-.l a. t l1
i.twki.v HAiis "t asp I'r
"OMPA.VT
IAVri) r.LTTON ON (0nAN
nKlnr Knnd Purrhnf of PrtVrr. "twl.
Pursuant te tN aremn e' Davifl Lu?
n s Sens Cemnn. th ur.5ers,g,ned as
Trntte e' tfe Sir r.: Fun', i ur.d
iTd hTbj Kyy r.e'Jc ttV.t It hut,
tvert Mfic- from 1j-i5 .uyl"?. fen f'ni-
ian thaf -nld '""nrnp-ini vlli 4pelt with t ie
.n'i'rtlffr.d en t? btfera Januar .1 !T?-'
t juin cf Thlrtv-enn The nan J Te Hu.v
rtrffl un i rif'j Del.ar 531. C101 'n T!i9
!r i. nz FmO f.:1il '.ndiir th Acr-frint
';h if b'i rrr-r-rr! s; y wan
d ' t n ( in,l,n 'e p
i fVi- p.rr"",8Pr f h.ir'(i e tr"
.re- a'vjtfs iifi. t rfr if " d
t t't at a rr c net u c i a
i'iuti p''i j'1' tf tn p-r '?it
' n i " r.-'S..-i 'j ' PM at
r - it e r. . -- ' -
i . rffi-'hx i r- f - - "
-t r N V r r,
'O r ji - fi v. . l . rfv.-d
le')- en January t WM.
..n vr - 'xv -. i'evv 0 r
Tr )te
'.HK . AM-At f.
Fr ir
s ,., T 1 -mir '2 I'fi1
(ANN;i ION l AMI rriKK COMPANY
rrrf -
4..I
,.K - ar
k'- 1
d .
'J .
r 1 i
n
Januar'
DIVIDEND
Forecast Chart
This Inur
Ceners:
Amtt. Tctwee.
AtCUMOfl
fWtrJtJim SmI
Burns Bres.
Cocj-Cell
DeL UHudxn
I lupp Hctct
Illiaeii Ontaal
Ktll) -Spri-KEfi!d
Lee Rub'r C Tire
Miami Cepjr
Natiacnl IHKnh
NtfeUt C Wait.
Pinwr Irani
PnreOa
Stud tb tWes
Tohecos Prodnce
U. S. Rufclw
U. S. Sttti
Woeli-onh Cj.
Gives our optniena
as te the probable
dividend action te
be taken by 20 com
panies injanuan-
fhcrw in chart (am i
l. Fcsldii-uUidTuerd
l Next f riamng dels
3. Net divderAdau
4. 1930-1921 price
Tansc
5. Prwen. mre arul
yield
6. Sunrj offtweTabU
and unfavorable
factors
7 Probate ditsdnd
rtcne-i.
riM ri k r i:st fiknt ioutiei
i.ei n itiiMie, in r. ,n i. 1
s'l
I or
ttl.ShlMi
I- s te- b
t " r f
. .- , 0
" .'Tt 31b
" - rt ' - 1
. ' ' e
IS
Ibjn
' nt tha - t.u' j-" 1 'e
t" rir" .lur "0
" ia". I-' ilt "I 51f;0
i- os 114 I''- lt"
1 " tn 4.e jc; 4-S
-,; ' t -ii 4 awn tnr
rl k -t: Vij..i tt pu.r suil
' Ji-ia- I , W2. 'Ti.en
wj n- "' 'Cti
. . i k ' 1 r i I ijale
i i k ' ' . '''te
J ji t.lt
Inveirers are finding this chart of
inesemabic value. The comlu cemlu comlu
tiens formed are jeund and
logically rri"-d a'.
Orf sent FFF.E en rvptu:
"lrrasj fTtAeB OHi&tien"
S-S-RuskaySCe.
ZSTABllSHCp 1977
Unbrs Cetucl;ed SteV EcK rf N.X
1303 WALNUT ST. PHILS.DRLPHIAJ1S.
P-e Lcus ' '6G
tneti ,r eiepj renetlnn M mniiii- both
ihi -epr"rufat:ve railroad stid indus-tn.-'l
1 -1 r,ir a bis profit biter en. In
our i.jin ,t'i l'ij Will le a, vear of Idc
thini;."., 'atje r.nistnirlije innjenients
and a rnene.t -innking market 10 anv
eue lie ha. mean and prll te ftieV."
et A Ce.: "The met'!, niarKet,
'ieue(r, i alwaj-H eenrerned less nbeul
' presrnr i-.iiu!itii)n- tUnii future pres-pec.-,
nnd ihtle report, 01 Indil.-lrlfil
1 11.1 nitliivid enrpn5s .-J 1 1 tindeiibtedl
''hi 1 i.e tn iii,ii .rn;il jiretii' or ri'-Uial
ii"i it", it is nrlikel that then- will
lint i.ieie rmui 11 nuiperar.v acherti'
efet en ptirej.
"Tn 1 111-- iiniiertlini. w note that in
,'t rKDfirnrlu. I.nn, il.n,n.,lAiiLi In ,1,.,
i ,,..,,, ,!,,.?.-.iir ,,i iiivi .mtr'trt-vsl
-t'iek market there is n pceuliar psy- 5 (,41
1 i-hnlope.nl phenomenon that aids in Ucinibem Den
bimsting lertniti storks. Man buliif-s.S inai-U ct B
men, with their mills running en half 14 107'i
time, their mute. clnirtl down, or fei'lns i l ?'5.
lei'i in their inventories, are. te ,uy JJJJJ
net eptimistle. They note Ki,.raem Ner-
w ej- ct 8s
the lenst. nut nptimitle. They
I'mi t'.e bund nnd stuel, markets urei
: il.ii'ieing , tihlle tile nuv'ini'e I'etifiues
i'.i',e tn bends nnd Jiivestinent weenri. ,
ti,.i t,y i.nlerslnnd it n , a natural
em-iii i,e tif easier niene.t- eoneltlnni.. ,
Hut ul'ii nen-iltvidend paying or ex-'
irinelj "pecnlatlve r.tei'ks ndvunee eon- '
fidernbh thej are pertilensi, and be- '
Ileving, as may be true, thar it in only
a manipulative movement, go short of
the market, and nothing ee insures the
rui-eess of a manipulative upward meto
ment an a short interest whleb inuy be
feieed te cover."
Heihrr & Ce.: "The market during
this week will eensist of many rrOM-enrre-vs
ranged b the nelling te cstab-'it-h
tax losses; many steel'1! are much
I .See than they were n e.ir ;ige nnI
i,)i.c -lieri of teekr, are In:., tng tliein te
i-'ib'ish 11 I11B1 en tint, bid, of the
t,urk' Sueli m neks as St. l'aul, New
lint en NerthweM and IVnin--j,leniu
' bene t.eld fur the Miwr renseu.
I mil 1I1' i' fnrters lire remnn d. whieh
111 be in 11 few dayb. intelligei.l rom rem
t.ieni is worthless."
Tni: TUADIQU.
.'ar na ret "" t " !.
. 10DH' 2 .... SI',, ".
4, .(inH CM B . CI ' J.
" lfn"i 1. . . t'S'a '.".
r.r-,1 "-r-inU ..f C 111 O !' ' a.
r'.iKiia Te 1 . . I"."', I M Mu'l.tf m
1. . 10!)', 1" . le.Vs, I f.K
Jap t.le't tut 1ft ili l... S',
I.. . 87 1 ini' H SS'i
Jat OeVt inJ'l' 4 K I Bi wl D... SS"i
j. . . Sfi ' 1" "0,-i 1.. ''"S
.ll Uui't 4S I 1 70Vi 1 .,, I
2 7S ? 70 .Iowa Cent 1 Is
.S.. .. 73SI T.. . 70 I 1.... 34
ie. .. -"4ir A ,: r" ' sirsn c rt s s.
, It ilelalum lis' Mle (t Ss i Meme 4"
s .. P54' m. .. ie:u n 7a;
K llelg-'m 7ti,Chl 6 Urli 1 I S 7J'
1 10lt .I ACVi Kitn '! s ?
f. 104S fel ( G V 4l i . sj'i
i . '0,"' :: w t... . e
1. ' l'14'.i l tlle.li V C. 1 . H'i
K I'-it'ni r.-m Si Paul I'i Kali i-' - H St
I l.. mil 1. . 7'.'Hi " "4 Hi
i .a lOflt) rhleaci MM & 1. .. S4S
l" .'. 100 M I"l 1 4s 1 . M'
1 KtnRdem len- " S5 4.... MV4
8 ris.r- - C 1 4"
8 .".BV 1 TO't
1. . . . ftt Kelly Brrlne'd
IS SR', I Tire 3s
.Oilcasn Mil ,; 10.. . 103
St P 43 '2S Laclede 1 Cu
l. .. . ;lj St Le Ss
0... . iJHV, t... . SftH,
in tiv x seu
1 t; r.t' ,7.itis ft Kash
Idbertv :,.,...i- ...
I.ilieriy 1st ! . .
Iiiberty "d 4s
Liberty 1st I Us.
Liberty 1U -..
Llbertj :!d 4t,,r.
Lllierty Ith-lUr.
I Vii" Netfjy "(. .
' Vie Notes l".iH. .
tM.ie w.ns
'MM 'AV.W
, '.W".0t iO.04
siit.tat 'in."e
, SKt.'JS !.-i.!ll
. nr.vn t.iii
, 1M.7H 0(!..1('i
,lO.04 KWI.OO 1041.1)4
. HMUI4 WiO.(M) WHI.04
r. m
04.40
!i"i.::ii
ICi.ff-l
Jlii. On
SHi.'JN
07. 1 ".4
'XI.TO
KcHiNERrKLrHBiO
We are equipped te de tlie
work nt your plant nd snve
you the xpene of long tic up.
I'hmte tl. 1.SI4 nml Sf nut
I ill Endlnse,Mltlel,tJ 4 Jl
I t-" Ttl 2-2za S.DARIEN ST.
FORD AND FERTILIZER
Hew much of a Santa Claus docs
Uncle Sam want te be?
Will the Muscle Sheals preposition
Cost the people of the United States
TWO HUNDRED MILLION DOLLARS
or
EIGHT HUNDRED MILLION DOLLARS
SEE
BARRON'S
The. Xatieiial Financial If'rckly
At Principal NeWs-Standa
I'.diterial Oflke: 44 Bread Street, New 'i or.
.Subscriptions will be received t
40 Sansom Stteet. I'iiilatlclpliia
The Baldwin Works, Veritable World's Fair
While r.ver.j resident of Philadelphia is familiar with our
Works hi this city, comparatively few realize tliat at our
Kddy&tene plant arc COO acres of property, !25 miles of
industrial railway, 17 locomotives, '.JO locomotive cranes and
I'ie ears used in the transfer of material about the plant.
There in one mile of water front and privntp decks and
leadiiiR facilities; are maintained for foreign shipment.
THE BALDWIN LOCOMOTIVE WORKS
Philadelphia
1 1 C9 i I
I 1 01) ' '
j; ""jin in i
I II 4 i
J
04 lt
t, tni r's
I (, lei t!fi, 1
1 . . 7'",' 4
I 70 I" .
ChidC MU ft R .
Itl
i"a-,
102 S
103H,
1"2Hj .
1'2V
iem I
10Hi
102S
102 ;
mas
102S
102V1 I
102,
I I . . 7'l
It Cuba Cs 'P4
I' ... SI',
i I ... CIS
Rrp-je nf l.'ru-
Busy
4 . . . 103 V.
I Statu of Bin
nshvillc Newspaper Subacribea the i r.-iuie es
:,U sir ev 41, . JIJ.
l. . psh .i eiV n.
QueenalO Bit B.. .. BIS20 .
Lean et 7s I4I 1
1.. .. 10T 3 fsale) A3 , 1.
t. . 107V 61H1 ...
1.... 107', S flt 4. 1...
Rep Chile '21 1 2 3...
1 9DH 0 ti I...
8 P0i 3 n; 2-'-
ti . ... P04 10 3 411. .
2 . .. SOU Chlesce Mil .' 3...
rtee Ohlle '4t StP M 4 4s IKuale) 102S
1 101 e 1.... 102,
nep Chile '40 0.. .. 3H 4 ... 102
i. . 1001,1 i... mi :: ii2w
6 100'.' P Hfl'4 t... 102,
I 1W)S i R r,n' Ie Nash 7'
3 .. 100ti 4... SB'. i. 10H
. ion , '',1' T.I a :;ii u
i. . loes " r,T ! dlv' 8s
S . . 100i,.OiileaBO 1111 ft' 2 . , e
It Tube 4 1, a SIT Km i,s Msnlist n-d 4s
3 7"! ' 1. . . 70 If!... BCS
1 .... " lOhlivnn Mli b, r,. . r,1t.
SERGEANT YORK'S FARM
AT LAST FREE OF DEBT
i D'i i ie'talU 'i
nil a n !i.mi red
ff's ' I'lilrlitt Trust ciimiun. :: Ln-s-.-ut
itret pnludlrH n, hi. . fuat com cem
ranv I. imeii- lii'i um n detKvS.ied for ejlu
itdninjitipn
I lUM-fl V TIlLsr CuUFA-M r idles
Wia I' Cst. t'res.Jenl.
Phlleelphld rieeemhs- 6. t02t
AWilTe'AMhllll AN OlI.TevTl'A.NV, LTV
Hetic Is h-eb w tt lie Liirecl'J-s
tt the b"e n n ."I re'.'fvi ' hav- r-tclvert
ie pav .,! n e'i- 'he slitrrptri liar of
4unuar . in.' '. ,n tnt-rln i ',f-i f fine
lillller ir li:ire. fren cf 1 Urn In, ,'i,- PDlfC
mu Tn- huitie til ts rail un i&nil aft I ttlviiji
the abpie namee iis'r B' ti, Nitim i,
Provincial anil I'n'mi hsnk of V.nilaml. t.fl.
t their heart elT.i-" In I'.lsftepfEate r. the C,l
eif 1 oiirlen or at riiv of their hrafnhOH ur
y the l1urar.t, Trust f'epipany ,,t New
etn .f III) Br.i4i1.iR Ne-v Yerii rity,
I tilled -tai nf Amur' a a' His r,ul- alent
unii"! Mstrn urren?v nf 14 y per
l-eund hieriin iriul te 'Jlr pr n.ihinl tn
nil hOid-ra of Pharj Varraiue ie Learr.
sueil tv die I ernpany ,n e name for
Coupon Ne 22 attarhl le such Uhare
Warraute
Dated tl is 2n h ia
Of Ixr-ellller, 1 02 1
A II HEWBTT. Sej-relar'
11 iien Knrte t Oale
DO YOU
STUDY
TOE
RANGE?
IIEU. 1. 10-.'. Ml ( ).. re lliil Ut.i.4 Hh
l'IIII.l)i:i.l'MM MI llr-UHM. It III..
KIIAII KIMriM xINKlNti 1 I Ml (let 1)
IX.X 4'i IOM KSTI .M III IPs.'
Under me r""i" i if . . , in'f
Merlisae, sea'eil i ';'. r u. , t rsi-eneU
mill 1-' e click iioeu. en tnt 31 it Inst., at
the eftlce of tre Tmst flt7 Chsslnut
hires I, for tha sale te It of thtrt 110) of aU
bends at the lowest rate, hut In re caae ex.
MI cempant ren m
ANNl'TTirn T"itee
feieulWfis f
fvn'te for tf
frmv cipy et
4T boeJtUt
p. i ;
Urist $70 te Pay Off Nete
t liatlnnoeja. Tenn., r"' r.'7 --.Vlrin
' 'Nerk e furm lias been Haved. Thrtinnl
ii. ir iifi-4sar; te )a off thr last netu
.J i" mi the Fentresi Oeunty farm prc
hfiitMl lilm in the name of n uretcful
icviile in appreciation of his splendid
nrMirrnic'it, (or whieli he wen the high
! military awards In the world and the
.iralie of Fei'h, I'enhlnB nnd ether high
ii'liitar? atithoritles, vns guaranteed
bn'iinia night by 11 Nashville news-pnpf-.
in"i nil but $"fl of tbi needed
amm.nt hurl 1011 riul(rrlbi.
In order te inake the firnn Yerk's I
-i'.tiiimt di'lny, nnd thna gtru Idtn the'
iirep"rt in it ChriMtmat. preint. the'
paper MiliM-rlbcd the nieeaiarv amount
and the funn ii Yerk'6.
Tlj.' lust note due en thu farm in 1023
, . . hns been bent for and in en route te
is a ZO-ptja book thtt 'a3hvIl from Jamestown, wbere it
fvtt thii Information has been held by the bank nt that place
ev a number of Tests avfnitini pajment when due two yesre
rnverinu nractlcallv bene. Tf will probably reach Nathrille
coveting practiceiiy tbih U0Ulins und , fl0t. an it
every railroad, Indtnv (b rw.)v,.ci lt ni 1-" iisid and cancel,
rriiland ralnirtgcorpe- ftI j tt,,, .letd l the farm, uMr-h Ihih
ration in Ametira. It already been drawn up, "ill b turned
also contain ether mv evr te Hprifpunt 'ierk Bnd the formal
.nrti ri.ta for tha i tranktf r i-enriieirti.
investor or trader.
BEFORE decldlnft
upon a commit'
ment, it U wise te do de
terminc hear hljh or
lerv the jharea of a cor cer cor
perttion hsve eeld for
durlnj previous yean.
The "Invester's
Pocket
Manual"
bt I' i-v I 1 M
U fi."'. Man IS 4s uta i
" 'it VI ft ,1!i I
2.. 'is a . rr,
H2M. Market ft Flly '
2'i S rran ut ,
'''' , 1 .. 81 'i ,
"2Vlt Oil .T,r Ss i
"3 I 4 PT
. nil Mer retr'm S
''.mi (, ... en.
;... eis ti pe.
Se Perte Klcr C ft N'vn rn atll 3 A Or r.
T 7s reta , 1.. .. 89 I 1 R3U
S.. .. 0.IV4 C Nil il'4 10 S3t '
1 .
1..
I..
I .
n .
r,
j..
1.
ion,,
tni
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BirKANl'H ON I.IVJ3 ,fJU OKANTI.NO
Nellcr ti Ilimdhelilers or tha
IRON aiOUNTAIN ItANL'll COJU'.VJTV.
CtiierJtlun
Teu lira hereby netlned that the Wyoming
Trust and 8nvlns Hank of rheynne, Tnis.
tea. will ray 011 Mcrch 1, IS22, at Ita onion
le Cheyenne, Wyemlnr, the following num.
bersd tenda. te wlti
ft. 308. 234. 248. 202. 270. 832. 834. 838.
Md. 411). 476. bZI 6B0, aivresatlna tbrea
qeiiars. issueq cy tn iron aieun-
cempny.
WYOMINO THU8T AMD
OAVi.MiU BAhK.
WM. H- McKEIWA &. CO.
221 S. 15th St.
PHILADELPHIA, PA.
Ne-sr Tork Cltkaea
,.. . I 2. 40
111 iraiiff, lif-ar 1 umirau-i merry Am'n Arr'u &
Vnrii lnlr..luiniieil. hilled twrntr-flve dim 7'4a
. . 1 1111 InM.wll.,.. .. I n flflti
ucrmans rapiurcu m-, wuumii --.
major nd wvernl high effifjerH, nnd
destrejed a number of wachlne-gun i :,'
nesta
Paursen
Pltufaurth
laauaaad dot
WIEGNER.ROGKEY&GO
Certilied Public AcceuntantB
Women Prisoners Get Celd Cream
Ifwlferd, N. Y., Uc. ii7.-Inmates
of thi fcitate Iteiunnatery for omen
had uu unexpected Christmas uurpribe
yesterday, when they found Santa Clans
had ceme down thn chimney with u jar
of cold cream and teeth powder for
each. Mnny of the women had net en
joyed rich toilet perquisites In many
months. .
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j WtM ....
National Business
Review of 1921
Start the New Year right with vital business facts.
Tlie Business Section of the Public Ledger is preparing
a National Business Review of 1921, cevering:
Finance
Construction
Merchandising
Agriculture
Transportation
General Production
These valuable; data are being compiled under the
direction eP Mr. Richard Spillanc, Business Editor of
the Business Section of the Public Ledger. It will be
authoritative and of national interest.
Bankers, brokers, manufacturers, merchants, exporters, importers and busi
ness executives in general will find this financial and commercial analysis of
first importance valuable information they will want te read, capitalize and
preserve for future reference.
Make a note en your desk calendar teday:
National Business Review of 1921
January J, 1922
t
SUNDAY
PUBLIC fi& LEDGER
of Philadelphia
Be sure te order from your newsdealer in advance
r
n
" , Jf,-nW :