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EVENING PtfBIilO LEJWEtHgiAPMJPHIA'.fyUEflttkY MJHOH 7 1B ' Vwfe-f 1
7 r
-AT,
.AtV
c f wnt atajtta
for" Waltijr Unger
a.
( from race One '
.out tin- total a'yiiinl
lind
HOME OP "BOY SPECULATOR"
4fe.
1'niree
and lurt With ffder it Ce. I
nftAt nnnnil Ida. I.. . ji til
.'..twZiTr " .: """" ""-j mcenni mm I'ifi
Kftf-HXSX "T .""'"r '" . w, a. 1 nger nu.
rr4(,S.TWL:r,-'' -"" ins tirst iran-nctreu
sV.-flKfef WMJ.,HJ nres e Sinclair Oil. "bur
fc'-T-J-W- 4 " 5. i
fipiw JL5K' t ru, "f n" ,",,i s-ww i
'"7iV iwTV ". ----y.n alley hemn. ins
'ttinX "cwunt from flmt tlme te July. 1017. i
!!! It v.. rr.il ...imA .1 -r. nu.
LjA-vf'- i f inun ff.niti'wil
S tF'J 5 'ion nml culled upon for
BaSXriVfins lir l,P nm nn n number nf
5'VMfhiarlr- !..).. .....1 .1 l I t...
i " .FH1HI. IIIKI I 11111 nml nil
P5H??nt 'nfrr-l m (lie name of his I
RB-W--25E; 'T' ntinued t plunge fie-'
r-fuf.VMMltlV In nit. !.!.. ...1-1 ..! ..........
r-' JlTVl 4. "- ",lp" iu.ur I I .ill iiiiu ii.iri.it
'ft 5?B,nt-1 Mb' -"-'. ' - ""-,
. Whnn ?100.ft00 tied up I
Jjff,Vmj U' Halnnrc Dwindles te SSOii
BlWSM-1 November of Ian .vrnr lie,
IW.'S' " ',
wr
II..
F?
FH'
m
tar
w
ill
Lv
rnr he unH
WlIM upon te put ui margin, IjcJng
rjQTt many thousands of dollar.-. find
en he failed te ile se hi nf-qnunt
'2fc closed out en December 'J. At"
IVUt tltnn lie hnd securities mid sleck.
,JP collateral valued nt STOfHe en
book value, but te 'nnturnl valtiiyef mere
,Uin $100,000. Against that V owed
975,501. When sold out he 'fid a bal-.
aac of a little mere tliun XPOO.
, .During 1018 and toil- Vniser hnd
considerable success nn a pluiiEer mid
took' down quite n lnrft amount t ,
'Moeey in profits which, it in fold, he
fglt back In the mnrke. Ii nil Meck..
He never, at any time,, "put up nnj real
cash of his own with, Ihe exception of
,ftaring the fim yeai- when he put up
H50. All of hi trjmsactlen. amount.
;i te hundreds of CieupriuIp of dellnrs.
were covered with sccuritie-
His sister never; was in the office of
the Jjrekerg and. Is unknown te the
ftrelKrn or the viweivcrs of the firm.
TJnpcr fllKhl revealed a i-en.n-Meinal
career, insuspcetcd hj his em
pleyers, in "nc street. a one of thelfir'.i hired, the lu.
city's melt reckless nnd extrnvngunt i help Mr Reeve, mi
?niliilftit&4iA-i if " tAii-Pi
kIDI huh JiSO?f4BvjfiCTf,--l-;t' M
i --'flKSRuHHfsiitNH I invilHHBKiflRBMM6SBi'-4MHK 'wi
w--VtEl---i!R,' MkHl'iU--'JK)-mMR9BM!SScfX!HKM.'"B
Thn home of Waller A. I iisrr. trusted rlerit who loelwl a l of 1.
dental wlwel fund of SJOO.OOO. lest It in the terl market and then
fled, I. nrruple.1 b his mother and sister, who arc Intlny in Hip depihs
of de.sp.ilr eer the hey's net. The home is in Hanneulh
tbtt there vii anything unusual about
the young man's abtanca from horn.
Heme Owne-I by Mether
The Unger home la Belmont artnue.
llarmeuth, la shown en the records of
Lewer Merlen Township, at Nerrlx
town, as the property of the mother.
It is assessed at $3000. The assess
ments In the township usually ere for
one-third actual value, which would
make it worth approximately 110,000.
The assessor at Norrlstewn lists
Unger as a "clerk," owning no prop
erty. The heuie. Is an attractive pne, stand
ing nlene en a plot of ground roughly
100 by 200 feet. It is en the top of
a hill, with only two ether houses near
It, a beautiful situation with a fine
sweep of country about It. It has a
terrace and a garage in the rear. In
the garage a closed car la kept.
The house has been well kept up, and
the grounds are prettily laid out with
an abundance of shrubbery, at present
wrapped In burlap te protect the bushes
from frost. There is an Inclesed win
ter perch, with swings.
Little Is known about the famiW In
the neighborhood. All who came, in
contact with the "boy speculator" say
he seemed a pleasant fellow eneughi but
that' he kept te hlmHelf and they did net
knew much about him. In the year the
family has lived at Barmouth no one
seems te have get te knew them well.
Formerly they lived in a twin house
at ltala, en the old Lancaster pike.
This it a two and a half story house
which the Ungera rented from the occu
pant of the ether half of the house.
Neighbors nt Bala repeated what
neighbors' at Barmouth said Unger
kept te himself and no one knew much
about him. He seemed te be the chief
support of the family, ther said. The
Ungers went te Bala during the war.
They are of German descent, nnd this
contributed te keen the residents near
by aemewhat aloof from them.
Se far as Unjrer wal known in both
neighborhoods, be was liked, nnd his
acquaintances speak well of him.
Was News at University
Uncer's disappearance with the fund
of the institute was the main topic of
conversation today at the Dental Hcnoei
at the University.
There was plenty or gossip nmeng tne
students, but no facts. .Apparently the
secret had been well kept. The student
body knew nothing about the defalca
tien until they read the newspaper ac
nnnnta InrUr. t'nua.hlv some of the OfO
feasers hail been told in advance, but If
se they had been warned te keep quiet.
Dr. Charles R. Turner1, director the
Evans Institute, refused te discuss the
matter. He said he had been requested
te make no statement nnd that any
comment must come from Mr. Weaver.
"I never saw Unger In my life and
wouldn't knew him if I bumped Inte
him," 'said Dr. Turner.
Henry Rnlney, recorder of the Insti
tute, likewise had been counseled net te
talk. He explained that Unger did net
visit the institution mere than a couple
of times a year. The payroll waa made
up in the recorder's office, signed by Mr,
Ralney and sent te the bank, where It
was countersigned by Unger. who then
made out checks and sent them te the
empleyes,
The Beard of Trustees of the Evans
Fund will make a statement covering
the defalcation. The members are: Mr.
Weaver, Francis B. Reeves. J. Ruther
ford McAllister, rjujtsr sans smitn,
Edward Cameren Kirk, William 8.
Law. Dimner Beeher. Jehn Qrlbbel.
Frank M. Rlter, Francis 8. Mcllhenny,
Emery McMichael, Jehn Cadwalader.
Geerge W. Nerrls and Edward B
Reblnette. . . .
The Evana Institute, which Is one
of the1 finest of .its' kind in the world,
was established through a bequest by
that prince of adventurers, Dr. Themas
W. Evans, of Philadelphia, dentist te
the court of France In the last royal
reilme. It was threush his darlna and
Ingenuity thn I the Empress Eugenie
scaped from Paris, and, incidentally,
the guillotine. ,
Dr. Esans accumulated a great for
tune, His will waa fought In the
French courts, and Charles Warwick,
the Mayer of Philadelphia, sent eminent
counsel te Parla te defend the will. Aa
a result of negotiations a compromise
waa reached by whleji the University of
Pennsylvania received 11,000.000 te
build and endow the Themas W. -ans
Memerial Museum and Dental 8cliul.
Building Beem In Laneastsr
Lancaster, Pa., March 7. Building
operations, te cost approximately $70,
000, have been started this month in
this .city, according te building permits
granted by Jeseph Breneman, building
Inspector. Last month permits were
granted for construction work amount
ing te $80,000.
MBS. SPENCER QETSD-rr,
Newport society Ltaa,r 0fvS
MaJer Datapath i ... "i
Newport. R. I.. v.Mt, I"
grounds of non-support Mrs Lfttm1
Bpencer, aeclety leader. rJv"11
eree of dlvorea from her haibsn,) t "
Lerlllard Spencer-. Wefc. , ' .J
rv..rf ' u -Wfie-i
Court.
Mre. Beeneer wis Miss Mart ftuui
Sands, daughter of Mrs. t-7
Bands, aid haa summer home l7
pert, wh-sr she la at present.
Majer Spencer w j'
bravery la the world w.V .T H
wounded in action. ai
Toek Cath and Cookies. t
Thlevea with a liking ter -....
lea and fried chtcn -!!?'(.
home of Harry Wlle siiStSL
avenue, yesterday aiternneiT V
atele clothing nd JmBjR
1275 and $18 In cash. Cookie !L
and fragments of chicken w?, ffl&
n isnfici -
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125
lrv.
IT
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in
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li
"plungers."
Fer niAelliH, or perhaps years, lie
(."went Inte the steek market with the
utmost, recklessness, buyins rljhl ami
' left, and flinging money about nn every
eert of stock preposition that the Dier
'firm offered him.
Curiously no one seemed te have iyny
suspicion thnt the hank elerk. whose in
come was net large In spite of the. fact
ithat he received pay from the bank
,nd from the Evans fund n we, wns
making a sensation among the margin
(gamblers.
Known as "Uey Speculxfer"
It was revealed that Ungyr hail been
known in the brokerage hruses as the
"Bey Speculator " He l;canie n cli
ent of the brokerage hetye. where he
transacted most of his tjuslness when
It was still the firm of Kughe? & Dier.
remaining after the flrm nnme was
changed te E. 1). Die & Ce.
Se royal a spender was eung Unger
In the stock marker that the Dler firm
.Is said te have assigned its best sales
'man te him exclusively.
Unger. unlike most etheri who dab
bled In the stecj- market and lest, had
BO "specialty.' He was willing te take
a chance en -nnvthlng nnd spread the
money of try. Evans Institute ever a
k multitude a'l stocks, buying en margin.
A peculrlty of his prnetiee in the
market p. peculiarity easily explained
In the II fit of present facts was that
he alweys put up securities te cover
his matins. The securities, the au au
theritly., aver, were filched from tne
Ewn-t. . 1 111 .. ... .l
"" wruiil, uux. i jie.v eie nil 01
them, gilt-edged, many Liberty Menti i
ameig them.
Reached End of String
It is the talk pf the street today that
'Anger's account was thousands of dol
lars short net leug before Dier & Ce.
Vellapsed. But a few weeks before the
smash T'nger was told te put up addi
tional margins or he would be sold out.
He had come te the end of his string.
or the end of the readily negotiable se
curities in the Evans fund's strong
box, nnd he wns forced te let every
thing go. lie smashed, though neither
,hls employers at the bank nor the
Evans Institute authorities guessed It
then.
Uhger's account is said te have been
the largest in the Dier failure His de
falcation Is the first te be revealed along
with n nreuerage tieuse failure. Tlie
something might he wrong wlih the no
counts. Wen Way With Courtesy
Members of the Hceve family re
lated the manner in whlrh I'nge'r had
ingratiated himself with the need
banker. t'nger went in work nt the
hank when a bnj. a plnee being solicited
for him by nn elder brother who no
longer is an empleye
mi one occasion seen niter he wns
n ii i liance te
with In. ticrcent.
lid tins sinull serv-
iilent. even then an
and ever nfterwnrd
ice for the bank pi
aged iiinn
.Mr. Reeves took nn iiitrre-.( in the
lourteetis lad. iirci-rding ' lli" family,
ami saw that he was promoted from his
pest as errand hey t a miner position
in the bajik, watching Ins progress anil
xlvlng him an oppettunity te learn the
banking business toreughly
Finally, about ten years age. Mr.
Keee.s asked the trustees te authorize
him te employ young I'nger ns i lerl.
and bookkeeper. Tills was done, I'n- !
ger getting ?,".ll n month for hit serv- '
ices. Later he was made assistant
treasurer at Mr. Kecves' request, and
his pay Increased te ?7ii a month. The
banker trusted htin implicitly nnd lie'
made frequent visits te Mr. Heeves'
home te talk ever matters concerning I
the trust. t the hank I'nger w-as Mr.
Heeves' confidential sccretnr,.
Ijess Net l"ied. Says Werner
Jehn Weaver, prciiilent of the Evans!
Institute trustees, nil: i
"It is hard for me te tell the exact'
less. It all depends en just when the
speculations began. I understand thnt
the securities in the strong !e were
coupon bends, and we can't tell just
hew many coupons were clipped off he- I
fore the securities were taken. We de i
knew that there are $115,000 in Libertv '
Hends 'missing. i
"All of these investments were made I
by Mr. Reeves, of course with the con- '
sent of the Financial Committee of the
beard. I de net believe any member of '
the beard has ever seen the Insid,. f ,
thnt strong box. I knew I hnd net'
until I went down te the (Jirnrd Na
tional Bank at the request of Jeseph
Wayne, president of the bank.
"There were two boxes. One held
large bends, nnd In the ether was n
mortgage for $4.50.000 we held nn some
property Mr. Evans bought nt Eightv
nlnth street and Broadway. New Yerk.
We also learned that the insurance (
policies had been removed from the I
strong box, and were (eund in Unger's
desk. Maybe lie was about Je commit
n forgery, that is. forge the corporate
nnme of the Evans Museum for the
purpose of realizing money en the policies.
Ungrr IS'et Only Plunger
W he Kept Deals Hidden
Walter t'nger's defalcation Is net
by nny means the only one revealed
by the fall of Dier & Ce.. accord
ing te Clarence Leeb, anclllnry re
ceiver. "Many pitiful appeals have been
made te me," said leeb today, "by
people who want their nnmes kept
from becoming public. They have
begged me net te list them ns credit
ors, preferring te let everything go.
"There nre doctors, lawyers,
clergymen, empleyes of hnnks, They
nre trying te hide their identity
under fictitious nnmes and te conceal
the amounts they lest. They knew
If the facts get out they will be
ruined."
the bank, issued u brief formal state
ment, as fellows-
"W. A. I'nger. who was confiden cenfiden
tlnl t-cennary te Francis B. Reeves,
chairman of the Beard of Directors of
the Gtrard National Bank, disappeared
Inst week, and Hfter his disappearance
It was found that securities belonging!
hi ii imiiui ui imsices, et wnich Air.
Reeves was treasurer and Unger as
sistant treasurer, were missing. The
amount Involved Is net known. The
O Irani Natlennl Bank is net con
cerned In the matter nnd has lest neth.
ing.
Mr. Randelph added that he hnd gene
through Unger's papers in nn effort te
determine hew much had been taken,
but had been unable te learn anything.
v nanh Funds Untouched
Mr. Randelph declared with much
emphasis thnt Unger had net "stolen
n cent" from the bank Itself. "We
have checked up en everything," he
said.
Mr. Alker explained hew his name
came te be connected with the -case.
I was dumfounded today when I
read the newspapers nnd discovered that
L tiger had been dealing in such huge
sums, lie said. "I knew him by sight
through connection with the same build
ing and lean association, the Edgcly
H. nnd L.. which meets in this office
at 1418 Land Title Building. I had
net given him permission te use my
name, as a forwarding agent, nnd did
net knew that my name appeared en
the Dier books.
"It is true. I believe, thnt Unger
ferwnrded letters te this office. The
girls tell me that net many letters came
here, but he started forwarding letters
ill the days of J. Leverlnu .lanes, who
.Suspicious of Repert
"On account of Mr. Reeves, who was '"''' alwut u year age when our offices
a rather sensitive old gentlem.ni. no one wu-'1' the teventh fleer. Hew he
really eared te prv Inte the affairs of '''."", te "'" ".' "-me. I cannot under-
l. .. .1..:.. .... i. .....i i... stain. MllIlV M nnr ..limits .vim nn
authorities de net Iny the failure efUi.t. m; rn-'..,. until i... .,r,,,i i ., traveling or who hnve nut regular nlaees
....... ....... ,- .-.. ii- iu'iku 111 41 . . t . x i i . ... - . ;
very peer report of the financial remli-
l..n rtf 1.. Ail tilt ii llf llm limmaa.I -..nflll....
the first Thursday In February. '.,,.gi, , n meciianlcal manner.
"At thnt time William A. Law, Unusual in Appearance
president of the First National Bank. .., ,, rnrn lmv , ,
was a member of the Audi Committee... ,..,,. ut e bu1(nB d lean meetings
nnil tin ..Tiiri.ssi.it n .Ipsiie 111 l.uilr nt .1... . .... .. . ...vv...."
ut... .... .., .. ... ... ".. .... ...
f
Dier -t Ce. te 1'nser's defalcations
It is said Unger carried his big mar
gin account at Dler & Ce. In the nnme
of Miss Anna Unger, his lister, who Is
ibreken-hearted ever her brother's dis
grace and flight. The girl knew noth
ing of the vast financial operations her
brother was carrying en In her name.
Because Unger's employment at the
bank made it impossible te go te Dier
"4 Ce., during the hours when the
brokerage house wns open, he trans.
acted most of his business ever the
.telephone.. Hew he managed te de this
without ureuslng the suspicion of his
fellow clerks is a feature of the story
which remains te be explnined. At nil
events. It Is snld that he caused his
holdings te be put In bis sister s name, I
and directed that all communications
concerning them be sent te her at the
'bank In his care.
Scheel in Bad Straits I
Though Uuger cleaned out the safe
deposit box of the Evans fund, se far as
. -negotiable securities went, he dhj m,t
Jsteal three mortgages, reposing there. !
They would net have been s readily
(negotiable as the securities, anil ceulil
net hove been put up te cover his mnr- I
'glm at the brokerage house.
The defalcation of L'nger. however.
puts the fund, and the Evans Institute
'which it maintains, in n delicate pos.
tlen. The Institute, which is lenshl--red
the greatest dental school In the
world, Is under henvy expense. It could
het de its work without the I.vnns en
dowment. The Income from the securl
'ties went far toward paying the main
tenance expenses of the school It i"
feared that it may he necessary te dis
pose of some of the mortgages te meet
,presslng needs
Responsibility remains te be placed
for the less of the money . There is no
way the fund can recover from I'nger
unless tliu securities themselves are ob
tained. He was net bended te the
fund, though bended in hi position nl
the bank. The bank cannot be held re
sponsible, however, according te the
pinion of many, because the bank
merely rented the wife deposit box te
the fund. The bank did net handle the
securities us the fimd's representative.
It merely happened that Mr. Reeves
-was both an officer of the bunk and the
fund.
Offers te Slure I.ess
Members of Mr. Reeves' family say
they de net think it is fair te try te
shift all of the. responsibility te the
(boulders of the aged financier
W IsfiV-i '-i'l-'y declaie thnt Mr. Reeves lias
rv"Si-&i.'-Mfflciilty in Heelng and henring. nnd
abode have their letters forwarded
this office, and Unger's letters went
iff
ffistfft
m
w?
rs
securities in the strong no. i nger
said :
"Yeu Imil better see Mr. Reeves about
that. Yeu knew he Is in charge of that
box.' and ejue nguin the wish net te
hurt the fur lings of Mr. Reeves pre.
vented thn committee from forcing the
Issue at that time.
"The secretary of the beard also en en
deavered te have I'nger open the strong
box in his prcence, and again I'nger
said it would be necessary for Mr.
Reeves te de that.
"These gentlemen. l:Ue msi.f, would
net have offended Mr. Reeves for all
the world, but we were certainly sus
picious because of the lumpv condition
of the report. There were lump sums
ami round numbers, bin no detailed
figures.
"The first information I recem-d re.
ganling the dVappearauce nf t'nger
came Ian Thursday afternoon, when I
was called en the telephone. In Mr.
Wayne. lie "aid. 'De you knew If
t'nger took SI".. 000 out te the museum
te pay salaries';'
Then It 11 Came Out
"I thought thin eiy pcculi.ii, and I
said: '1 den t knew, bur I'll lind out.'
se I i ailed up and fmiml that he
hadn't, and It.ferniei! Mr Wayne.
"Mr. Wnvne then said te me:
'There's something very ntr.in:ii about
all this, because I'nser's family al!ed
up here nnd said he was net home Inst
night.' and, nf (nurse, then we get
busy."
Evan Rnndnltih. thf vice president of
Unger's Spenser
3!M
f-neanculty in seeing am
JgK-Vjeannei rciuemeer even when lie last at-
jb,..w"(cu meeting et tue beard.
ItiWfr Thfy point out thnt there s a Ft-
tt'.-'c.WHn. r.. ......!. ...... i .... .1. . .. .. .
uy2iJgm"v V.1HIII11I1UT or i in- oearu, which,
W'f.fMM thn ,irilllns,nii..au ...I..I.. I...... !....
- .mi,-...-, .iiimiii niivi- in-rn
pected te have kept strict supervision
r the funds. Members of the family
Id Mr. Reeves would be glud te pay
m ahllfa nf tlii. Inuu It I, .. ...I
lr-"" ,' -"- "" " " "vii lui'mmi
'among the trustees, nr even lilu slmn.
'wdawd another's if necessary.
ijfjL Mr. Reeves has net been in nrtiv.
V .business for ten years, though until re-
'iXid AAM.lv l.n ...ml.. ........ ui...... 1 .t. I... . . .1..
ff 'Tii' ....mi- in llimiiimi VIPIIB 111 III
P,Kf . bank, retaining his nosltien as chulr-
B ';&f i H-"u or ,l,e -0r' '"' " leulli te re-
f, -JAjbwllliquisii Ills active shine In l!n.ticlnl
' (VllHr(l, UIIU II Hllb inn Miisiiivtiiess.
rV iw'itbr members of the beard say. which
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FRANCIS II. KKl-.VK.-s:
Mr. Rceirs was sponsor frj Wal
ler A. 1'iiger. assistant treasurer
and I tecnll him esneciallv because of
his eppeurnnce. He was se tall nnd
thin thnt he would nttrnet attention
everywhere.
"I knew nothing of his finnclel ar
rangements, but us n matter pf fact I .
nlwuvs assumed that he had nothing.
"He came into tills office occsloan eccsloan occslean
ally, acting as n messenger between Mr. I
Mr. Reeves and Mr. Jenes, because, ns
I understand it, all checks en the funds
had te bear the names of the treasurer
and one ether official, se he would bring i
checks from Mr. Reeves for Mr. Jenes'
i te sign, and If he could net find Mr.
i Jenes he would hunt up Judge Bceber or
some ether trustee."
Mr. Reves retired ns head of the
Olrard National Bank n number of
years age. L'ntll recently he went te
i lie bank several times n week. On
account of Ids feeble condition he his
i net left his home for mere than n
month. First news of Unger' disnp
I penrance completely unnerved him, and
jihyslclnns ordered htm te his room. He
is permitted te see only Immediate
members of the family.
Mether Unstrung
In the bis gray L'nger home nt Bar
mouth Mrs. t'nger, utterly unstrung I
by the shock of he son's disappearance
and the circumstances attending it. lay '
ill in her bedroom en the second fleer,
denying herself te callers, while her
daughter, entertaining relatives In the
sun parlor at the front of the house,
answered nil rings nt the doorbell.
"Oil. we didn't knew what Wnlter
was planning te de," she said, "or we
would surely hnve stepped blm before
he could de such a dreadful thing.
I We didn't even knew that liu was gelnx ,
lawny. The first we heard about It wus ,
when we get n letter from him, mailed
here nfter he hurl left, but he dld'nt
say in it where he was going or what
lie intended te de. This letter was very
short nnd dld'nt say anything that .
(eulil give us uny cine.
"My mother bus been ill from the I
shock ever since," she continued. " he
weuld'tit be nfter having such nn awful i
thing happen? I feel us if we were nil
disgraced nnd will never be able te
held up our hcuds again," nml the girl,
ovcKeme with shume covered her face
te hide her tears, crossing quicklv te
the ether side of the room in an effort
te gain control of herself. ;
Sees Family Disgraced
' 1 don't believe I'll ever get ever
the shniiie et this," she went en nfter
. n moment's pause, "Suppose I fiver
wnnt le get work. Why. no one will
levei employ me, because they'll remem
ber this about my brother. It's tee
awful te talk about. We haven't teen
Mr. " Beeves' representatives yet, or
braid an) thing from them, but my
i brother is going te see them seen, I
don't knew what they Intend doing
about II."
Theri me two brothers in the family
besides Wnlter, f third having lieeu
killed some lime age in an automobile
nccldi'iit, The family is well known In
. the vicinity, but iicwh of Walter's dis
Purity Has Made Us Famous
We are going te invite twelve
hundred Philadelphia women
te serve en a"Beard of Advisers"
for the Ivins Bakery this year!
Every Ivins cookie, cake or cracker
will be tested and judged by this
new "Advisory Beard"
TJT'E are Philadelphia's eldest bakery. Fer 76 years we
y v have been baking cakes and crackers for Philadelphia
families. We believe we have baked only these geed
things that women wanted te serve in their homes.
New, in 1922, we are going te prove that beyond question.
This is our plan:
Twice a month, we are going te select
50 Philadelphia women. Te each, we will
send an assortment of Ivins cookie -cakes
and prackers. We will ask each "adviser"
te eat these Ivins geed things te compare
them with any similar products and then
te give us her frank opinion.
These "advisers" will judge Ivins' from
every viewpoint appearance, wholesome
ness, flavor and purity. Every piece that
is approved, will thereafter be packed and
sold in packages or tins that bear the seal
shown below the proof that this particu
lar Ivins cake or cracker has been thor
oughly tested by representative Philadel
phia women, and approved.
The biggest thing
we've ever attempted!
In our 76 years of baking, we have origi
nated a host of popular cookie -cakes and
crackers Lunch-en-Thins, Sweet Maries,
Heney Grahams, Chocolate Ben Bens and
many ethers, each a masterpiece of the
baking art. We will continue te bake new
creations from time te time, and each new
piece will be submitted te the "Advisory
Beard" te be approved by them.
0
In short as seen as the new "Advisory
Beard" can test and judge the many Ivins'
products, you will have only one thing te
de in cheesing cakes and crackers at your
grocer's : Loek for the Ivins Seal et
Approval. It should decide your choice
J. S. IVINS' SON, Inc.
"Mmktr of Geed Biscuit t in Fhiludtlphi tine, 1849 '
1921 waa the
bigge$t year in
our history!
We sold hundreds of
tens mere Ivins cakes
and crackers last
year than ever be
fore, despite the
se-called "buyers'
strike."
Te vs, that is the proof
that Phlladelpliiani ap
preciate the superior qual
' Ity of Ivins product!, Se
we have doubled the aize
of our big bakery te "en
able us te fill the enor
mous demand for Ivins
that is inevitable this year,
Thm Inipndnt Cra car
nar yum horn nils hint'
Cookie-Cakes and
Crackers
which 1 of the Kvans Dental Institute, wlm I appearance, has net jet become general I I
i nger a I baa dtsapjKurnl with . institute properly ulid residents of llarmeuth I I
ffPffifi1" '-WgHy.W., ' were yeaterdajyn Ignerauw of tU:fHt,' JBBS;
Thm
Ivins
Seal
of
Approval
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