Evening public ledger. (Philadelphia [Pa.]) 1914-1942, January 24, 1922, Final, Page 20, Image 20

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.New Offering
$1,500,000
Seiberling Rubber Ce.
Akren, Ohie
Preferred and Common Stocks
Exempt from Nermal Federal Inceme Tax Ne Bends
Transfer Agent the Central Savings Ct. Trust Company, Akren, Ohie
Registrars- National City Bank, Akren and Peeples Savings & Trust Company, Akren
Capitalization
upon completion of present financing
Outitindlnr
$800.000.00
Auther! fed
8 J. Cumulative Trcfcrrcd Stock $5,000,000.00
war value, jiuu.uui
Ne Par Common Stock SOO.OOOsharcs 195,000 shares
Business The company will manufacture quality products only, under the personal
direction of Mr. F. A. Seiberling, President and General Manager of the
Company. Cord and fabric tires, rubber heels and soles will be manufactured with
special manufacturing and sales effort directed te the "SEIBERLING CORD." This
tire will eventually become the dominant tire product of the company, and, officials
believe, of the rubber field. The company is at present manufacturing 500 tires per day.
Plants The company controls through the ownership of all of the capital stock
of the Lehigh Rubber Company, a plant at New Castle, Pa., and through
the ownership of all of the common stock of the Portage Rubber Company, a plant
at Akren, Ohie. In the acquisition of these properties, no obligations for inflated
inventories or debts have been assumed, or exist.
Assets Total assets of the Seiberling Rubber Company based en appraised value
' of the plants and upon sale of this offering amount te 286 le of the total
amount of preferred stock outstanding. Net current assets amount te 125 of the
total preferred stock outstanding. Dividends payable quarterly; January, April, July
and October. Preferred callable at 110 and accrued dividends upon thirty days'
notice. Redeemable 5$ each year after January 1st, 1925.
Earn.
ese
Proceeds of the present issue will be used only for working capital.
Plant and equipment are already provided for.
Financial Statement
SEIDERLING RUDDER COMPANY AND CONTROLLED COMPANIES
Consolidated General Balance Sheet
ASSETS
$1,550,000.00
750.0OO.00
Plant and Equipment:
Portage Plant
Lehigh Plant
Capital Stecks: LIAniLlTIES
Seiberling Rubber Company
Preferred ari Cumulative (Pat Value, $100.00)
Autherized: 50,000 shares
Issued: 8,000 shares $ 300,000.00
Me Par Commen:
Autherized: 500,000 shares
Issued for New Castle plant, 75,000 Bhare9 $ 750,000.00
Sold 120,000 shares at 1.200.000.00 1,950,000.00
Portage Rubber Company :
Preferred 7 Cumulative (Par value, $100.00) . . 800.000.00
Capital Surplus, based upon appraised value of $1,559,378.92 for Portage
Plant and represented by ownership of 7,500 shares of common
eteck of The Portage Rubber Company
Subject te espensts en account of organisatien.
$2,300,000.00
2.000.000.00
$4,300,000.00
$3,550,000.00
7S0.000.00
$4,300,000.00
History is Repeating Itself
The story of the achievements of Mr. F. A. Seiberling in the rubber industry has
been gotten together in the form of a folder entitled "History is Repeating Itself."
This interesting folder, which is practically the story of the entire industry,
is yeuis for the asking.
Afnrbntnhilirv Application will be made te list both classes of stock en the
lYiarKCtuuiiuy Qcvelttnd Steclc Exchange.
This offering will be made in the following cities en January 25th: Cleveland,
Columbus, Cincinnati, Dayton, Teledo, Springfield, Wheeling, W. Va, Charleston,
W. Va., Bosten, New Yerk, St. Leuis, Baltimore, Philadelphia, Indianapolis, Kansas
City, Me., and smaller cities at intermediate points.
shares non-convertible S Preferred stock
Of: I or nnv rrmlrinlps thereof) J $1000
Pn'cg In units
'
Spruce 2331
R. L. BOSTON & COMPANY
1411 Walnut St, Philadelphia
ROLAND T. MEACHAM
Member Cleveland Stock Exchange
Guardian Building, Cleveland
Statements contained In this advertisement are bated en what we
believe te be reliable Information but are net suaranteed by us.
Spvuce 6727
Public Service Corporation
of New Jersey
6
Perpetual Interest Bearing Certificates
Fully registered in any denomination.
Interest payable May and November.
Price 90 and interest, yielding 6.
COMMERCIAL
TRUST COMPANY
Member Federal Reserve System
City Hall Square
!
!
!
I for
i
Details of
Investment
De your Investments rep.
resent n preferred claim en
ample property value?
Are they the preferred
claim en the earnings of the
business?
Will they ALWAYS RE
MAIN a preferred claim en
proportion and earnings of
the business?
Is an efficient and honest
management of the business
assured 7
De you knew that the
business carries proper in
surance; that bank leans are
kept within reasonable lim
its; that any sinking fund Is
maintained?
Our investors can answer
Yh.3 te all these questions.
The R. L. Dollings Ce.
1421 Wa'nut Street
Philadelphia
y K.
"frittered away
17ISTATKS am rifl.,llr,....
" frlttrnil nwny bfriitiks
if unfaithful nr Inroni Inreni
lirtrnt Individual milliner
mrnt. Thin In Impesalliln
with n vrrll nrgnnltrtl a ml
well munticed Trust Ce.
audi n eiim.
The Real Estate Trust Ce.
Bread and Chestnut Sts.
Wt own and offer I
ibarreal Iren ' l I
mlard (! ana Hire, . ., n-a iu.i. i
Y. riilln. riorrelk rMerl: Tr. . ' H"
I'nnl (laa I.t. Urn. & lief fl'a IDAS '
aVrnl I.t, A Tr ' W 1
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. t. Power I.t. tat... AN l'"M i
wa !. . Ilr v r, hi ri iu'ii
Aniaiie run. nrr its ivy; i
Helman, Watsen & Rapp I
1401 Land Title DIdE. i
Spruct 797-S
Jaitw,;IIdbtar
Sc (Emnpatttj
1422 S. Pcnn Square, Phiia.
Strawbridge & Clothier
1st Mortgage 6s, 1942
M0RLEY, WOOD & CO.
333 Chestnut Street
MrmherH N. Y. i l'lill.i. hlurk ICirli'..
NEW YORK BOND TRANSACTIONS
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Nla r Pwr n
7.... 1004
Nfk S'n II 3.
2 BB4
4 A34
, 1 A04
Nfk A Wn la
1 874
10 874
10 874
Nfk a W cv 0i
30.... 1034
1.... 103 4
North Wraturu
Pel T 7a
St I. I Mt A R
II A U dlv 4s
B 814
fit I, A 0 K aj
S.
B
0...,,
0....,
1..J..
0,..-. .
1
3....
1 ....
2
1
10
1.,
784
78 4
734
784
734
73
73 Vi
73
734
73 It
73
78
78
734
78
St V & B P in
B.
A...,
A....
1....
a....
i....
e....
i....
i....
B...
1...
2...
8...
1...
3...
1...
10.
A3 4
334
AA4
AA4
B3
33
334
334
CBU
BA4
BBVt
BB4
BB4
AS
AAU
334
AA4
8B4
20
a..,.,
A.....
8
a
17
4
10
B
2
1
4
A
2
B
3
3
8
1
a
03V,
PSV.
Reserve Banks' Discount "Rates
Official rediscount ratea at.the twelve SVi
crl iteaervp Uanka are a a fellows I
tern i jjkrs.
paper. accipt.
44 44
i y
4 4
1...
1..
A..
13..
1..
1..
a..
i..
3..
1..
1..
A..
1..
78
10.
an.
77
77
774
77
77
774
77
774
M K A T i)h I
2 01
1 014
7 en;
B 02
A 03
111
03
02
M K A T notes
10 CO
Mi Pacific la
3 01
13. .
17
1084
1084
1084
103
1084
1084
1 08 Vi
1084
107
107
107
107 Ta
10S
107
2.... 10S
N PaclOc It 3s
23 01
1 01
4 01
N PaclOe II 4
1 834
1 80
4 80
4 80
N Pacific 11 0i
1.... 1074
3.... 1074
0.... 1074
Klh 8 Pwr
1 80
Nth S Pwr fls
1 08
Ore A Calif 3s
1 07
0 07
Orciren S Line
Kimrt'd As
08 4
2....
1....
7....
0....
9
Stand'd Oil of
Calif 7a
3.... 107
1.... 107
1.... 107
3.... 107
1 107
Bteel Tube C
2 08
4 084
00
St I. A 8 Fran 1 0S4
Scrlea A Term'l It It A
1 004 St Le 4a
13 mi it 3 784
1 .. 08 Third Ave nl
Trea.
ctfa,
. 44
. 4ts
. 44
:
Atlanta, O
Ihicaze n
M. IrtUIB e
Mmneaimtle 3
Kansas City B
Dallas e
San Francisce.... B
Posten .....i.
iiew fork, . ...
Ihllnf1flnhla. ..
J..., il.'leu'land. ....
I'OTH tl.h.nrintl ....
HIM.
03
03
034
03
03
03
03
034
034
034
or.
ns
0A
034
034
034
03
03
OS
OS
0.1
Lib.
bends.
44
4Vi
44
S
5
B
B
B
a4
B
0
A
A
3
B
0
B
Teledo. Jrn
and January
..
tl.l.fl.ll
Cleverseed
24. Clevr-raeed rrlme.
118.70; Fcbruery,
Atirll. 112.85. Alll
...)i 111 11.1. irhritnrv. 111.
811.110. Timethy mm, ensn, jnnunr .
$.l.'.'3i July. 13.801 May, $3,324. Lew grade
c('dB unchanged.
Verch. Ild.10! April. J12.83. Alalkc .Prime.
SIi.ii.i. trenrunry 9ij.it.. . .unicui
WE CAN SUPPLY i
Pennsylvania Railroad Ce.
Equip. Gi, due 1928 te 103S
Any Maturity
PHILADELPHIA PLAN
SAMUEL K. PHILLIPS & CO.
Members PlilliitfMiln Werk Klinne
307 rilKNTNtJT KTIIIXT
c os
St I, A 8 Krul'
Series II
1 83
1 83
B 834
1 83
St L A 8 Frnn
Series C
2 110
i nor
i..
311..
1..
1..
4..
4..
a.,
r...
a.,
i..
084
lis 4
084
nsi
08
08
est;
us 4
OS 4
1....
00
St I. A 8 Fran
cm A
1 004
St 1. Sew'n p",
! 724
El L 8'n lii
1 734
St L Sew'n A.
! 734
! 73
St Paul M A
Mnnl'n 4 4i
4 03
8enb'd A I. nj
1 13",
Scnb'd A 1. fd
4....
1....
1....
3....
SAL
1....
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3....
A....
1....
3....
3....
3....
A....
1....
1
. 84 4
. 34 4
. 344
. 844
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. 44
. 41
. 44 4
. 444
. 444
. 44 4
. 44
. 44 Vi
444
1..
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n
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2.... 1024
0.... ler,
2.... 101
2.... 101
3..
10..
1..
1..
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1 04 4'
4 04 V4
2 044
Ceve't French
n 7 Via rets
2 .... n4
n 04
04
04 4
04 4
04
04
04
04
044
014
04
lit 4
04
1M4
04 4
04
04
04
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04 4
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04 4
04 4
04
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04 4
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04
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04
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1.
1..
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4..
1..
1..
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18.
113
1134
113'v
113
113'.
Il4
113
114 I
114 I
U IC Or't Hrlt
A I'd 1022
1.... 100
2.... 100
100 .1
100
100
100
100
100
100
U IC Or't lint
A I'd 1020
1...
1...
4...
1...
1...
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a...
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1..
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100
100
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100
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100
100
100
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A I'd 1837
1.,
704
70
78
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7!)
70
2 704
Iinlt A Ohie Oh
1 07
1 07
A 07
1 00.
2 00
Unit A Ohie S
Wn 84
3 884
8 88
7 88
1 88
Pell Telephone
I ff Pa 7s
2.... 108
'-' ... 1084
3 . . 1084
Huh Hteel fd
A 03
Ileth Hlrel 1st
1 00
A 00
D Hteel 3s "M I
S 88
1 1 87 4 I
,B lldls'n D 7s I
r.(eule) 108
1.... 1084
I 3.... 108
I 1.... 1084
1..I. 108
1 1.... 108
D IUpId T 7s
12 02
1 fit
0 01
0 01
D Rap T ct 7s
10 00
1 A3
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ct 7a sta
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4..
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10..
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10.
10..
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, let
, 1034
, 103
, 103
. 103
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. OH
, . 01
Iluit 7s
108
..107;
Dun AUG fd
0 40
10 404
A 47
10 .... 40
r a n a 44s
1 7
Den A It a As
1 73
11 744
10 73
1 734
Det Kdl As '40
1 02 A0.
A 02 lnt'l AST (' ."
0 02 A 73
2 02 I M Marine 0a
2 03 2 01
Del Cdl Ce fls 1..
1.... 101 O
B.... 100 4..
1.... 1004 1.
1.... 1004 B.
Det U 11 4s Intern'l
4 04 As rets
1 0.1 40 KA
2 044 7 83
D Match 7 4 1 8.1
'..... 100 2 80
1 100 1 80
1.... 1004 1..'... 8(1
DUtll Hecuu.y Invtnclble Oil
Cerp B f'nrii 8a
2 41 I 2 804
D de Nemoursilewu Cent'l Is
Pwdr 7 4 I 1 71
103 4 Kan c A 8 3a
124
124
124
124
144
12
124
12
124
12
124
12",
124
12
12
11
T f J
03 4
03
03
034
02
02
03
03
03
03 4
03
03
034
084
034
02
024
03
02
024
(13
02
024
02
024
02
02 4
02
03
024
02
024
024
02
024
02
(12
03
02
02
02
iMn Pac 0s "20
1 0.1
Meni'a Pwr .1
1 0.1
2 0.14
1 0.1
2 00
0 'ill
New Or Tn A
Mexico Rs
2 0S
7 084
... 084
Air 11 (is
.. 100
Ct'l 3U.
... 70
77
Cent'l 4t
... 874
... S74
... 874
... 874
Ct'l 4'n
... 804
Cent'l (Is
08
1)84
OS 4
00
Or.V n II Ce
Nnvl Ce 4 s
2 704
2 704
B 70
Pac tl A i: 1,
11 884
2 884
' 2 88
1 884
Pnc T & T As
1 0.1
2 1)3
rackard Moter,
Car Ce 8s
1)8 4 Sinclair C oil
.1..
1....
1....
B....
1....
1....
4....
4....
Pan A
00
00
00
00
004
004
004
en
Pctr'm
A T Ce
1(1 08
1 08
3 07
A n7
11 08
Pa II cm 4 4
1 874
4 88
renna 11 It As
1...
1...
10...
l!!!
O...
A...
7...
2...
1 ..
1...
10...
1...
1...
10...
10...
1...
I...
Se'n Ueli T Is
( 03
F n Pacific M
1 S.1i
2 83.
Sen Pacific 4"
! 80
! 80
S'n Pue cv 4s
A 88
1 88''.
Sn rtalluav Is
N Y
1..
N Y
1..
4..
N Y
1..
1..
1..
1..
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10..
N T
1..
1..
1..
1..
A..
B..
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1
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3.
. 03 4
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n 04s
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ioen
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ier.4
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10..
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li'i
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Leuis 4a
b ea
11 834
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04a rcta
100
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1 1004
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S 80
2. .. 804
Panrln f. T' In
line 1 "" v ''
.: ' 23
00
no 1
nn4 '
0114 1
III!
0111, 1
011
004
en 4
8 23
rem la A K 1st
11 71 it.
Pere Marn.t As
1 em
11 PIIV
8 lieu,
i-irrce Oil hs
1 100
100
a.... 100.
a.... 1004
1.... 1004
1.... 100
1.... 100
A.... 100
2 1011
1.... 1011
A.... 100
4.... 10(14
1.... 100
1.. . 100)
1.... 1(MI4
1.... 10(1
2 10(1
N Ylt I.lBht II
Is Pwr 4s
2.. .. 77
N Yk Llrht II
A Pur Bs
ni',1 1 04
,; New Y N H .
'i se -aa
NVt"n II A
Patwr 'I '00
404
New Y N II A
Ilart'd Us
01
01
014
Cerp 74"
1004
1011
10014
100
100
100
1004
1004
1004
100
100
inei;
100
100
1004
1011
ion
ine
10 At
17 Al'i
10 Al
10 62
iT.lIrd Ave 4
B 01
1 01
.Tidewater Oil 1
Ce ct 04"
1.... 1024
1.... 102
Tobacco Pred
ucts Cerp 7s
1.... 1001,
B.... 1004 1
3.... 100
Tol-de St I. A 1
VVcst'n 4s
1 00 .
Teled.i St I. t I
Wn 84" I
2 00 I
Teledo St L A
tV'n ct 4s
10 20
A 20
2,1 2(1
1 211
10 20
U llnir A P "
1 80".
Union Pac r
8 02
Union Pnc fd
1 80
Union Pnc 4'i
0 01
Union Pnc 11-
1.... 103
U'n Tank r 7
1..
1..
1..
1..
UntM
1..
A..
1..
. 103 ,
. 1014 '
. 1034
. 1034 '
Ilru .
. 1004
. 1004 '
. 1011 I
Ut'd niy I C" I
S Frnn Bs
3 78
U 8 llubb'r As
87
1..
3..
.1
s!!
1..
1.
874
87
87
874
87 4
87 U
U 8 Itubl.'r 7s
1.... 1014
U 8 Hub 74s
1.... 10.14
4.... 10.1
8.... 101
,U'd 8 Steel As
02
02
02
024
024
024
02
02
024
024
024
02
(12
02
02
02
024
024
024
024
Sn Hallway ,1
no 4
A..
n
4'.'.
a..
1..
10..
1..
n..
I!!
1..
3..
a.,
a..
3..
14..
7...
1...
1...
1...
1...
1...
a...
en,
no
00
011
nn
en
004
? Pertl'd Rvy A
LIKht Aa
3 83
1 82
rreduc'H ft He-
fillers 8s
1 100
3.... ion
Pub Herv Cerp
Jsy Cn
8 77
1 774
1..... 774
Iteadlnv Ce 4s
2 824
1 83
'-' 834
4 H3
nin rj & w 4,
3 7.1
1 7.1
Reck ll'J A A
Leul'a 14s
6 77
Total
34A.OUU
127.0110,000,
Sn fly 04s w'
1..
a..
1..
1.,
11..
1.,
4.,
a.,
7.,
11.,
0..
1..
1..
A..
..
F.!!
0..
4..
1..
4..
1..
A...
I...
1...
10...
4...
1...
$13. 0.14. 000.
meruuy.
1...
3...
a...
1...
0...
1...
0...
4...
1...
1...
1...
1...
1...
1...
21.
100
100
100
100
100
100
100
100.
ion;
1004
100
100',
1004
100
100
100
Vn.O Chm -
A 04 4
Va-C Ch 7'i,s
1 lit 4
2 U4V4
Vn Ilwy C. ds
1 HI
0 01
1 Ill
iWest'n Illee 3.
00
il 00
r. no
5 011
Wesl'n Md 4-i
1 014
We'n Pac 1 m
1 87
1 8(1
1 804
Wrst Slier.. i
0 80
iV'n Union n-
2.... 1074
IV Union il',-
1 1074
2.... 107 4
4.... 107
B.... 107
iTl'catlnithB'e 11
A MfB 7a
7.... 100 4
1.... 100
a.... ion
3.... 1004
1.... 1004
TVIcka'e Spncr
Steel 73
A.
1.
4.
4.
1.
1.
n.14
0.1
n.i
n.14
1)3
n.i
03
0.14
n.i
nr.i;
n.14
H54 A 1)84
03 1 081
03 4 084
v.i'4 4 n8
n.14 1 no
0.1 1 00
0.14 2 08
03 UM1 4. U'n 11
n.iv. 1 65
0.1 Wilsen Ce cv
0.14 a 804
03 tl 804
03 VVIIsun Ce lit.
OR 4 111
0.1 l(sale) 03
0.14 2 1114
00 4 8
03 1
compared with
Thus far this
04 4
Ul'j
$11-
week,
2(.ile) 1034
. 01 U I
t . t m
1...
1...
10...
1...
4...
1.
nsi
nui;l)uiill Tcr'l As
118 8SH
08 8 83 H
00 4, Cfl Pacific 1st
08
084
08
8 llraill
2.
a..
1..
1..
83
83
83 4
S3
3.
1..
1..
4..
1..
Erle Osnl
1.
1.
1.
a.
1.
1.
10.
1.
103
101
101
103 4
101
103
1034
Lien
42
41
42
41
41
414
414
41
1.
1.
A.
Kan
12.
. 04
. 04
. 04
illli
. 83
. 83 4
. 83 4
K U T niy A
1 804
4 804
Kelly Sprlnis'il
Tire 6s
1.... 1034
B 108
Keokuk A Pes
Moines Bs
2 80
1.
a..
A..
2..
r...
4..
A..
1..
b!!
2..
n.
41 Lack Steel '23
Erle It It cv II 1 00
1 80 ILack Hteel "AM
Erie P. Ce 4s 1 84 4
3 A7 1 844
Flsk Itub'r Ce 1 84 4
Rs rcta Lehlih Val fls
03
03 Vi
08
03
02
02
02
02
02
03
(..I
0.1 L.
N Y Rlys ct im
A 27
10 i7
A 274
A 28
8 28
0 27
N Yk niys .is
1 0
3 0
B 0
.N Yerk State
Itlya 4 4a
1 60
1 00
N Y Tele 44
n 004
n 004
H Y Tele'e '4
3..
A,.
1..
4..
4,.
1 .
10241 1.... 1024
1024 2.... 1014
1024 L A Myera 7s
10241 1 ... 1144
102 4 Lerlllard C Bs
103 ' t.. . 04
Liberty Hy.H . . .
Liberty 1st 4h .
Liberty lHt 'l',8
Liberty 2d 4V.h
Liberty .'id -iViH
Liberty -Un .,i,n
v ictery . ;ji
Victory
N
H
4;)',8
HlBh Lew
. WWW 1)11.34
. ii7.ae i)-.:in
. 117.00 07..14
. 117.14 0(1.0(1
. I17.7.S 07.0K
. H7.:i() 07.12
.100.12 100.12 100.12
.100.1(1 100.12 100.12
Clese
0(1. Ill)
07.110
07..ril
07.10
07.70
07.24
LONDON STOCK MARKET
4.
1....
8....
7....
1....
3....
1....
1....
1084
1034
1034
1034
1034
103
1024
102
102
jea
Rand Strike Situation Has Unfaver
able Effect en Kaffirs j
Londen, Jen. 24. Apprehension that 1
negotiations te bring nlinut tin end te
the htrllte of the tverkerH in the Itnnd I
would fall bed nn iliifiivnrnblc effect
en the Knllir lint en the tock exchange
touey. uu mures neui well. Keval
Dutch wns 4 , ; Shell Trnnnpert linil
Trading 4 Mi anil Mextciin Kngle .'1 11-10.
Industrials were poed In spots. Hud.
sen'ii liny was 501. Rubber shnre.s
riheweil mere stability In sympathy with
the crude article.
Dellar descriptions wcre dull and fen
tureless. Heme rnlls made slight cnlns.
Itentirchuscri caused Arncntlne rniln tn
move upwnnl. The gilt-edged section
was firmer. Trench loenB drooped, ow
ing te further heavlnesn at 1'nrlH.
Generally, the marketH were quiet,
but the feeling remained cheerful.
Dividends
TIIK ClIBAIlO NATIONAL DANK
Philadelphia, Jan. 24. 1023.
The Peard of Ilrecter hna this day de.
clured a quarterly dividend of S per rent (H'Jk)
niyable rebnury 1, lOi'i, te stockholders of
iccerd at the rlote of business Januaiy 24.
i"i '.i '.is 111 be mailed
C SI APHTOM
Cathltf.
1
t 1 -i. . i. . ,m . 1
I ttaSggjSSIS 1
Where te Find
Safety
The investor in search
of safety, freedom from
care, and an attractive
interest rate, will find all
three qualities in Straus
first mortgage bends.
Thousands of investors
have gained safety, sat
isfaction, and profit
through the purchase of
these securities. Investi.
gate. Write today for
BOOKLET 766 L
SW. STRAUS &. Ce
II IMI lll.ll.1..t1 .. ....- -"',
iNieiirmiATBii
nsTAiLianae 1BS1
Tube rhlll-Rrpublk Iren 1 Steel CaAbunptcwaQ
Durlnfr a period of nearly
22 yearn wf have furnished
mere than 15,000 steel struc
tures of all types and sizes.
This accomplishment is the
result of quality workman
ship and dependable construc
tion. McClintic-Mnrshall
Company
tiriiernl Ofllreat Pltlaliursli, Pi.
I'lillmlelpliln: .Merris Illiljr.
S'cw Verlt Snn Innclscci
Ch ten go
Mcaintic-Marshall
Steel Bridges $ Buildings
Sterk Exchanfje Dldg., Plilla.
TtltpSent Smuce 5628
40 years without less
te any Invester
'.?.-''' unttnnrTTjirTM.n ,r . rA,:
CepytliM 1911, by S. VV, Strim tc Ce
HERSHEY CHO. . . .72',1930
METRO. EDISON 5's,1922
LUZERNE CO. G.& EL., 5's 1948
McGLINN & CO.
Spruce 7391 Race 5103
Members N. Y. Stock Exchange
Widcner Dldrr., Philadelphia.
MUNICIPAL BONDS
YIELDING 7
V. W. MILLS & CO.
Sterk Kirlmnse Hide, riillitdrlphU
AffCewfeCflt
SAVE Part of This
Year's Seed te Enjoy a
Harvest Tomorrow!
4
Interest
Allowed
en
SAVINGS
DEPOSITS
What would you think
of a farmer who would
net take enough seed
from his wheat bin te
plant next year's crop?
Hew about yourself?
Are you saving part of
your income today te
prepare for tomorrow?
National
Bank of Commerce
713 Chestnut St.
Nathan T.Felwell.Preslden:
y
Notional Benk with a Savirgs Department
Earnings -
an indication of the future
Mere than thirty companies whose stocks
are traded en the New Yerk Curb Exchange
have shown net earnings in excess of
$1,000,000 a year; for example:-
-Standard Oil Ce. of Indiana, ever 61 millions
-British American Tobacco Ce., 17 millions
-Angle-American Oil Ce., ever llH millions
-Glen Alden Ceal Ce., ever 8H millions
-Continental Meters Cerp., ever 3Vi millions
-Howe Sound Copper Ce., ever 1 Vs millions
-Nipisslng Mines Ce., ever Vi millions
-United Eastern Geld Min. Ce., ever a million
Te the investor and trader earning capacity
affords a valuable indication of the future
prospects of companies.
Yeu can keep posted
en earnings of companies. Frequent news bulle
tins, received by private wire, are part of the
brokerage service rendered by Jenes &. Daker Daker Daker
"infoTmatien headquarters" for stocks traded en the
New Yerk Curb Market.
It Is significant in this connection that nearly 40
of Jenes fit Baker's new customers are introduced
by old customers.
Ask
for (TliMtTated book describing the New Yerle
Curb Exchange, and uk ter Information en the
Reck that interest you. There U no obligation.
FbJIadciphta Oflke
WUcner DuIUlja
Tiiephenttt
petl ... Locust fTIO
Keystone tUet Mil
Baltimore Office
433 Equitable liolUlea;
7cIheiui Flanft3l
Tenes &. Baker
Members NtwVerU Curb Mark
Direct Prints Wire
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