U4HNHiHBIHaHBBHHHH3HlHHHLKlLBaMBHHHHiaiH 7 IV7,P j?yKyFyTf TrWHffil .- 5, B8S3ffjP87l tM. ;V ', JN- .'''. 1 t'ji'fH' v ii'JPIH'laBS.yij-i TF - v n'lis 5, iilOTIfSfTw , Ri i,lk-. Ii UK JJX3H Mll !!! MllMM l BB I I . . - . r BBfmn MWMA f4jf' .,-. r-ilt ' "vrvi . . TTpumrs Cetuivw a, tar. (V- I & iri -r f . unturned x yJ afJaiw ,a mmm IN OILS ON CURB r mit $$(: flfi. rt ' L-6 3,.V. &S .?. , r jr. t"i.:n r.w m: I ' X V r i u b ' i v kV t 1 m F"' Wjifft, VSfM L-tf-''. AtHi. i w ff $ flr m. .ff m . rf Jmpf-v $500,000 Miller Leck Company First Mortgage 7 Convertible 20-Year Sinking Fund Geld Bends Due April 1, 1942 nlre!t Pa'"Mc April 1st and October 1st without deduction of the Nermal Federal Income Tax up te 2"c. Redeemable as a whole, but net in part, en sixty days' notice, nt 105 and accrued interest. Convertible into 8ft Cumulative Preferred Stock en the basis of 10 shares of Preferred stock for each $1000 bend. The Equitable Trust Company of New Yerk, Trustee FREE OF PENNSYLVANIA PERSONAL PROPERTY TAX OF FOUR MILLS The following information is summarized from a letter of Mr. Edward S. Jack ten, President of the Cempany: CAPITALIZATION: Authorized Outstanding FIRST MORTGAGE 7 BONDS 11,000,000 $500,000 8 Cumulttlve Preferred Stock 1,000,000 Common Stock 1,600,000 1,000,000 $500,000 reaerved for Convtralen el Firtt Mortgage Bends. -, COMPANY: The Miller Leck Company was incorporated in Pennsylvania in 1904, succeeding te a business established in 1871, and owns and operates at Frankford, Philadelphia, the largest single plant in the world manufacturing padlocks. SECURITY: These bends will be secured by first mortgage en the plant of the Company, which, according te The American Appraisal Company, has a net sound depreciated value of $1,060,-. 262.09. Net quick assets as of December 31st, 1921, according te a Balance Sheet prepared by Messrs. Ernst & Ernst, after giving effect te the present financing, were $559,883.83. EARNINGS: Average annual net earnings for the ten years ended December 31st, 1920, were equal te mere than three and one-half times interest charges en the present issue. In 1921 the Company operated at a less. Orders for the first three months of 1922 were double these of the same three months of 1921, and the Company is new operating at a substantial profit. ADDITIONAL BONDS may be issued only under conservative restrictions as te property value, and then only when net earnings for the three preceding years have averaged at least two and one half times interest charges en bends outstanding and te be issued. SINKING FUND: The mortgage will provide for a sinking fund calculated te retire all bends by maturity provided they are obtainable at 105 and interest or less. Legalities subject te the approval of Messrs. Everett, Clarke & Benedict of New Yerk and Messrs. Rebert; Montgomery eft MeKeehan for the Banker; and of Messrs. Morgan, Lewie ft Beckius for the Com pany. The books of the Company have been audited by Messrs. Ernst a Ernst for the past five years. We offer these bends when, as and if issued and as received by us PRICE 97 AND INTEREST, TO YIELD ABOUT 7.25 JANNEY & CO. LAGE BROTHERS & CO. PHILADELPHIA NEW YORK CHICAGO The above information is net guaranteed, but isbtained from sources which we believe te be accurate. Kirby Petroleum Breaks Seven Points Mexican Seaboard Moves UpMines Firm New Yerk. Anrll 19 Tt, .nek mar ket developed nn irregular tene after the OPPnln. With ahum .prnrt, mnra. merits In some of the oil stocks. Klrby Petroleum tram unite,. hear nreamre and broke 7 points te a low record at je, wnne Mcilcan Seaboard, en the ether hand, which tn,i i. nitir of 36&, opened at 40 and subsequently ran up Je 43, later reacting te 41-"J4. Angle-American Oil was In fair de mand at a slight upturn te 10. Cit ies Service advanced 2 points. Pes turn Cerenl wns another strong feature, selling up te 07. Eastman Kednk, after advancing te 7ff, reacted te 75. The mining list was generally steady and firm. INDUSTRIALS NEW ISSUE $950,000 City of Bethlehem Lehigh and Northampton Counties Pennsylvania 4Vz Per Cent. Geld Bends $500,000 Bridge Bends $450,000 Street Improvement Funding Bends Dated January 1, 1922 Due Serially Interest January 1 and July 1 Coupon Bends 11,000 Each, With Prevision for Registration of Principal Principal and Interest Payable at the Office of the City Treasurer, Bethlehem, Pennsylvania Tax Free in Pennsylvania Exempt Frem All Federal Income Taxes Ne Certificate of Ownership in Collecting Interest Required Legal Investment for Trust Funds in Pennsylvania FINANCIAL STATEMENT (as officially furnished) Total Assessed Valuation (1921) $62,749,128 Actual Value (estimated) 88,000,000 Total Bended Debt (including this issue) $3,720,000 Less Sinking Fund 237,000 Net Bended Debt (including this issue) $3,483,000 Ratie of Net Bended Debt te Assessed Valuation, 5.55 Per Cent. Population (Census of 1920) 50,358 The City of Bethlehem, en the I.rhigh Rher. approximately $7 miles north of Philadelphia and SS miles from New Vurk, i located in Lehigh and Northampton Counties Pennsylvania Bethlehem i ercd by the Phila delphia & Reading Railway, the Lehigh Valley Railroad and the Central Railroad of New Jersey. Street railway lines connect the City with the sur rounding communities including Allcntewn and P.asten. Industries are diversified; the largest of these is the Bethlehem Steel Company. Wc offer these bends, if, when and as isued, and '-ubject te approval of legality by Messrs. Townsend, Elliett & Munen, of Philadelphia. MATURITIES $15,000 15,000 15,000 3 000 "HI, 000 31,000 31,000 11,000 35,000 35,000 35,000 35,000 35,000 35,000 due January due January due January due January due January due January due January due January due January due January due January due January due January due January 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 j w 100.67 101.03 101.38 101.71 102.03 102.34 102.63 102.92 103.19 103.45 103.70 103.94 104.17 104.39 $36,000 due January $36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 36,000 due January 1, 1952 106.84 1, 193C 1, 1939 1, 1940 1, 1941 1, 1942 1, 1943 1, 1944 1, 1945 1, 1946 1, 1947 1, 1948 1, 1949 1, 1950 1, 1951 104.61 104.61 105.01 105.20 105.38 105.55 105.72 105.88 106.03 106.18 106.32 106.46 106.59 106.72 Accrued Interest te Be Added Prices te Net 4.10 Per Cent. Biddle & Henry 104 Seuth Fifth St. Philadelphia Harrison, Smith &Ce. 1 2 1 Seuth Fifth St. Philadelphia Remick, Hedges & Ce. , I 4 Wall Street New Yerk Bends Up or Down? If you new bold or coetem plate the purchase of Bends u a long swing investment by all means read Babson's REPORTS Barometer letter just off the press. It gives yen the plain un biased facts and shows you what must happen te the Bend Market before the year is out Repert en Request This Barometer Letter and Booklet Beoklet Boeklet GttUnw the, Mett Frem Your Menty" is available for distribution te In terested investors, gratis. Tear eet tke Me new and hand it te your secretary when you d ictate the merntag'a mall. niiaeaean MRMD Fer Teet Secretary Write Reger W. Babaen. president el Wellesley Hills. 83, Mass.. as fellows .Sslts mth BOOAems Ceal 1 luoeAcme rscklnr .... 4l SAn a tz n 44i gAm Leath la . iU Amer I-''W 1411 '00 Brd,y Klreproef . . B1 Kine Buddy Buds ..... I 1 ,' tun r.. t iit. ' inS:',.''?"i." ? 32 T'i B0 2D K n 3(l Iflrt PaHl.t Tlu 100 Chalmers ctfs ... .tee cie eland Aute ! 100 Continental Moter. JOOnen & n Q pref.. 100 Dort Meters .... POODurant Met'iiid! .;!; urn' Meters 1J00 Kaatman Kodak ibiiu l.icc ate Hat,. 400 Frontenae Mtr .122 S?nlner Meters ... 1SS 1'OOOen Alden Ceal .. 4B'i 110 Olllette Saf Razor. ?0J 300aoedjear Tire .... 13h 00 goody Tire pr pref 71 I'OOOeldwyn rietures.. T 100 Grant Moter 1 300 Hudsen Ce pref ... 14 400 Hudsen & Manhat. 8i pV ""r Huaar u en Lew 1 UH 13 140 M 1. 31'4 B0 '4 J,i ... 3(1. 33?. ::: ISfc 3i$ ... lt 10J 1 00 P.M. i3 148 S3 "3 no se 1BH re TiOO int.r niikiun !0O Julius Kay.fr . 2400 Mbby-McNelll . 20 lhlcli Valley . 300 Lincoln Met A 100 Nat Leather .. 100 Packard Moter lOOPIssley Wgcley 1300 Peatum Cereal nU 28 f 08J 2 10 10 47 ii " inC 48 200 13'i 71 ; 1 13'i St. 9(1 8 "4 68 2'4 10 10 47 in 6JH 40 200 13K 71 ' 1 1HK 99 3S 68K 2U 10 II) 47 is': 68 X i."".uiu merest , .. i,ll OOM, OS ,3n2n te. i" J IX lSOOgee Metera 2H -li """"dam Bank .. 8H4 2JS gril'V Pred 43iJ 30) Seuth C A I 95 IfOOgPlcer MfB 18J4 1100 Swift Inter 20 ReOTenn Ilwy 3 IWJ Unit Tref Shar new fl 000 IVajiw Ceal 1VI ;J)V(t nnd Chem... SI 100 Win PaMes 3S 200 Van Ildalte 58 STANDARD OILS ljen Anele-Am Oil .... ie, 100 Atlantic Lobes ... 0 je oho en :.:27s 40 Se Penn Oil 177 0100 s Oil of Ind no 100 H Oil of Ky v I 77?! 100 S of K, lllalr 7e4 An 2Si 81 4 4314 93 12 20.J fl l'i SI 32 BH 11'i n, 278 177 771. 70'4 Please send me Bulletin 34DYf ggl and booklet S "Gsttt . Moitfiem Your J Menty" gratis. sasaasaaaeaneeeaesaaBaaaeBBaaHMaaa 100 1000 18110 (11)0 J.0 300 400 300 31X1 son 2000 loon tee 1200 100 300 10O 12i0 4enrt R00 MOO roeo 2i'O0 200 1u' 7WI 11 en 3100 201 (.0 non 700 3011 2110 200 infill (1000 100 21 1 0 101 3'iiin 300 101H0 me 1(10 loon me coeo INDEPENDENT OILS Arkan Nat Gas ... 10l uuune tni ja Beitnn Wjein .... 72 rarlb Sn 3i fit Bsrv old 208 Clt Serv II ctfs.. 21 1 (.'eltim Pet wf Continental Itef .. 3U (Vaden t Ce 7'4 CnHdAn Jb Cn .r At. Cushlnt Tet ....'., (1 riMinv riti e i inmininn . ai Engineers Tetfel iViI.f.i nn mitnnnj nn W.X.I...IW wit .... r-- reie n 27 Olpnrnpl nil . . inn lludenn Oil 21 Tn, TtrM ir.t. Klrhv Pet '! Iince Creek 4 10 1ft T.lt intratAii FIa) Maama Oil ..!'.!! 1H imnami -Mex t a MMrarallM Oil ... 2V Merldan Pet 10 lcxke Oil 4H Melf i Hcabeard . . 43' Mountain Prea . Mutual Oil .. .. Nntlenal Oil N J xv nil . . . . Ne Am Oil irthwet Oil P0 15', 1U 14i l'i 20 rmiar Oil '.'.'. "i., IVenilni" T? a Pmdueer : Refiners E-nlt Crel: Pred., II', M Bends Yielding 4 te 7 icquest for F-ll will bring our April Bend Circular describing 160 issues which wc iccniiimcnd fur imest-mciit. Harris, Ferbes & Ce Pine St., Cor. William NEW YORK Philadelphia Offics Widener Bldg. Telephone Spruce 7040 The lafermatlOD and stat.siks contained herein hie ten ebtjlned Iphi aeurcea whlci we believe te bs itliah e. v Exempt from all Federal Income Taxes City of Cleveland, Ohie 6' Scheel District Bends Dated epl. I, 101 Due 8rpl. 1, 193.1 Price upon application A. B. Leach & Ce., Inc. Investment Securities US Seuth Fourth St. 'nnulpa IW ..miinH re: , ... Skel y Oil . . . Seuth Tet &. IW 'I xen Victeria oil, ne mean Oil .0 Western States ... 2 Wnedburn , 2 T Oil 1H MINING 200 Al.ist.1 Br Columb l'i 1000 Alpha .l'i Ren a A C of Se Af. 2Ji4 2ii00 Hit LcdKP 10 13000 Heiton f. Montina. 'n rone Hest Men Cens. si 41O0Cnnula OirPr ... 31 linn) Candelarla Mln . 2" 1000 Ciirlez Hllvcr .... i I 400 Cresnn ile'd . , j 7en Oolerci Inersri4. I , 1111)0 I)(l. rt .... It. r.one Ilurekn . rnei! . J1 .0i) Plrxi Nrfl Mmlnr. 1e loon 41) Mlnlti .. n 200 Ondsilen Cepper , W HMO tlelilfl'ld riurcncc.. JJ 10(10 Onld Zen .... 11 ine Hne Sninul ... I 10 te Independent I.caa.. 2') line leiome Vi'tile , 3' j lliln 1 li Ttnee Mnilnx , 'In p-."0 MrKln Dnr , .. .'t 300 Miictiij ( np 2 ir.oe i nil i.mie nt , inn Vi Ih l.nde e'd 1 I 4S00 Nut 'lln , "It 300n N'e )( hit 17 r.'ioe r sih Hei n 3 301) Mplnrlnar .. n't 2imn Hex i .n , ) KMI( s'l'tr rule In ;tMU HIUei Plcl. . IS 300 S in P A (1 ? 2000 stewaril Mln .. tl 2(1(10 liniepali DIs . . 711 1200 I'nit Kiat .. . . 1 200(1 Volcano Mln . . .40 .lnoe Yuken Geld 1 (, 1000 uiier8tl .Mln 1 WINDS 2010 Vllle.l Parker IU .. TJI Kioeo Aluminum 7s '33..10ia4 iflei) Amr I.lKht 0 , .107 3000 ,nir Te (i "'I 101 2000 Aiiriinnili i'iip (1.. O0' 111000 AiiiiieiuIh 7a '2D. 101' loon Ariimur 7s 10 I 12000 l'-uiinlill Rs . .103 1J0OO llt. Mc-I 7i 'JI.102. 70im 1) ih fiteel 7 '33.inji, .loiie run Nm I! en 7a..lOS"t riiine fan Nat Ky )1 ... fl'i, 1(10(1) ( el l.rrpli Sa . . 4J llione ( n i.rnph fa clfa. 3d', Khio ( nns C'.-.I .'n .... NK, 1 (mil i nnn ( eh I ,m ... kft. .Mil") ( ulun Tel ma ,, 101 21)00 Inhere A i.'e 7'ia..l01 20(1(11) Del & ItMl .''4a... (Mi innO Kniplre Ci A I'. (la . OR'j lOnen IVi (.ami Hank f.8.104 (.(ine (iemlr'ch Tire 7a . 00 .-enniiuir Oil 7s KIT. (11)00 llnnrl JtubW 7... OK ?()(( Inteili (1- N;r Ba r.7' .1 iiinn iinf). b llneii ICaar Tn ' '. ...10Oa 1 mi mi (van ii a r; na . . 1M KKin I l.-ati V C 7...l0fl rniin MnriHriiJ. . ... nn'j jiinne ie !.; h ine 10000 Nat (TehU 6a ...103', 1000 Vat leather 8..100V 3000 Ne Nhln I,lht fia. 00 3000 Phlla Ce (li . ...07 2000 I'hlU i;iee 101', "000 Phillips Pet 7'4a,100 17000 I'ui, herv N .1 7..100'i ROOO linl.t flair 7a.... 0(1 oeon h4lia fe 7a . loot hOOii her-lteh 7a '.'.' .101 22000 enrMleil) 7a '23 10IS men Sliav aheen 7a ..103H 21)000 heulh Bell 7a,.102 7000 s e N y 7a '30.. 107 r.one s (J N Y n't a ...ion 3oen Stewart War f ..107N l.'O'li t-Hlft Ce 7a, '25..101U .KKin Ti saa Ce 7a ....101 'a 1000 Tlilal Oaage 7a ...101 12O0OTii Kdlarin 7a ....lORi, 11000 n Oil Prnrt da . .10 liione Warner Hua 7s... Of) '.(ine Ural Klffi 7 10HH I'.'dee uini Jester 7'4a ..101 :i'.0(O Aritentlne 7 100 limnn i ,y KlhrrfeM 3a,. 3'i inmi i 'in Hnlaanna (la ,. S'a lunne I fipjif r.a 4 (loefin N'V NH II 4a , . 72' I7M)(( N V .M H t, II 7 fr (IS lliiei lluarl-.i) nu ctfs 2t'i 1,-uen liuaalan 3' ... 27 jiiimiiiii iiu,ian in inn i a t 1 ns 207 2li lf 3'. 47 A m 5 2' P0 20 13", 111 t Pa l'i 21 10 4 4D Ui '. ili: 211 t't .IS 3. !'. t 11 31, l' (U it r.e 2n P2 17 3U 11 22 ' ; IH 22 "3 30 2 03 "i'a in 21 it 13 se lii i 2') In 2 I.f "l" J") 3 (P. I) in is I "4 12 611 1 no 25-i SP. 13 20U 3 n p; si 32 38 in 278 177 f.0 77J mi p. 71 3a 207 2Pi 1. 3U 4; HI en 'A 2'. 01) 20 131. 17 4 0 P ..1 Ti! 4 43', i2; (l'i 1 14', 14 20 V .11, 3 It' .V n't 37 30 2i 112 '8 3U 21 Ml 30 21 03 i. Il M 21 100 13 Ml .in 1.1 3 2I ',l 30 20 , h (3 1.1 :i ji ,i fl'. D 10 IN I." ""P. 40 April 12. 1822 COMMERCIAL TRU8T COMPANY SPRue S200 Will Buy Pub. Serr. Cerp. of N. J. Pcrp. Int. Bear. Ctfa. QEO. N. FLEMING Lembard 6414 Main 14M Ind.. Celum'd & Eatt'n 5s, 1926 YerkHavenWr.Pr.'lBtSs, 1951 Indiana Service Cerp. 3-6s,2020 Portland Ry., Lt. & rr. 1st Pfd. Tennessee Rwy., Light & Power Pfd. & Common NEWHALL, QR088 A DIFPENDERFFER WALnut S880 Jersey City. Hoboken & Pater- son 4s. 1949 Penna-Ohie Elec. 6'j. 1938 Crew Levlck Ce. 6s, 1931 Tennessee Power 5s, 1962 Ind. Northern Trac; Bs, 1932 PETRY, TOLAND A WEI88 WALnut 3400 1326 Walnut St. Argentine and Brazil Gevt. Sterling bends, te net ever 7 Grand Trunk R. R. (Canada) 4s, te net 6.50 Kingdom of Norway 6s, 1921-31 I8AAC STARR, JR., & CO. SPRuce 3881 Bell Telephone of Pa. 7s, 1945 Lake Superior 1st 5s, 1944 Eisenlohr Cem. & Pref. Denner Steel 8 Pref. Kankaftee Gas & Elec. 1st 5s, 1930 Copyright. 1922. J. C. S. Ce.. Ltd. Fer space In this column Phene Spruce 6720 French Railroad Bends for Investment We offer at the market the 6 bends of the Midi Railroad and the 6 bends of the Paris Orleans, Railroad two of the most important transpertatipn systems in Europe. Under agreements con firmed by law, principal and interest of both issues are secured te the com panies by the guarantee of the French Govern ment. Investors owning these bends receive the full benefit 'of every im provement in French Ex change. Price and Circular en Request Hemphill, Noyes & Ce. Members New Yerk Stock Esehenie Franklin Bk. Bldg., Philadelphia Hew Yerk Bosten Serantea BesTslf AlbsW arraeuM Baltimore WyE have en hand and " recommend for con cen servative investment, bends of a company fur nishing electric light and power services in" an im portant Pennsylvania dis trict having a population of 125,000. The bends are tax free in this State and at present prices yield about 5.70 en the investment. Particulars en request. K'e itu'tre conference en all current investment subjects. HARPER&TURNER Investment Bankers Members Philadelphia Sleck Exch'ung- Stock Exchange Building ssrameu Philadelphia ntadirs ?7TnBsWW Te the Greeks must be ascribed the honor of the first Mint known te history. It was estab lished in the beautiful and mystic Isle of Aegina, six teen miles from Athens. The original method of coinage was of the crudest description and the sys tem of banking was scarcely any mere like the modern way in its customs than was the coinage. And the Greeks had no such conveniences in bank ing as we of the present day. New veu may send your deposits by mail, if you are net in the city, and recelve an acknowledg ment very quickly. Did you ever try this method of banking? We have it en a very satisfactory basis and would be glad te show you hew easy it is te send deposits this way. We Are in the Center of Things Opposite Bread Street Station Third National Bank Organized 1863 A Service for Philadelphia BANKS and BROKERS 7-" 72), lev, in.i, leT 107 101 101 111) 'a till. 10T 101V, iei ion 10" ini lO'." 111.", HUH lOiH. IOSVj lON'j n, Hi)", 41 1, 3 NS, in-, 101 !IR). IPK'n 101 !',, IftS'a HI) :.7' !'l I.' 3S (. KKt, 11)3 im OSS, (1(11, 101 nn",, nn r.7 HI'. Are Your Bends Callable? jVIANY otherwise attrac X1L tive issues arc callable prier te maturity, and as money rates return je nor mal are likely te be refunded close te or below present quotations. i We have compiled a list of 20 callable bends, which we believe could be advantage ously exchanged for long term non-callable issues. This Iht, tetiethci-fullh u. pesiiuna or )i-nieli)ciit, icnt en your iryiirs Parrisl? & Ce. Members Sew Yerk Stock- Kxrhungc 1500 Walnut St., Phila. I I 5 Broadway, New Yerk WE HAVE developed and maintain a highly specialized daily service in United States Government Bends and Treasury Certifi catesatprevaiingmarketpnees. , As Specialists in , Government Securities Wc make it possible for Phila delphia Banks and Brokers te clear each day's transactions at a minimum of trouble and expense; saving them one day's interest, transportation charges and the re sponsibility of handling the secu rities for out-of-town shipment. We shall be glad te advise you regarding large or small transactions. Our telephone is Spruce 3881. ISAAC STARR, JR., & CO. 16th & Sansom Stav. Philadelphia in riztng up the market1 peMibuitiet offered bV ' New Yerk Curb E change stocks. , ASK FOR FREE COPY OF eApril issue Price Range It contains the price history and ether important statis tics en 800 itAks which should be of great atdaunce In reading between the lines and correctly determining your course of action In the market. CU, pttmt, writs far tefir Tenes s&. Baker Members NewYerk Curb Market Dlreet Private Wlras New Yerk Chlcat a Boaten Phlladtlpal PMiturb Detroit Baltimore ClereUnfl PHILADELPHIA OFFICE Widener Bulldlnsr T.tepfcen.s2U.h82sl6? BALTIMORE OFFICE 433 Equitable Building TelspheM . PUm84S1 sfi . "N sKZfisals "PROPERTY" has always meant land and buildings. Ownership of modern buildings returns mere today than ever before. JOHN N: GILL CONSTRUCTION CO. Cemmsrcidl Bsitdinfi, Factorial, fiuiiialtOM and 5mallr rVeri FlttV Years of Building Experience I'lllLADEU'lUA i Otis Bnlldlns nnrsssMsSasa ', Hathaway, Stene. WaDaca ft Williama, lac NOMnets ou W MAHAGsWS St., PhiU4elsU MnXXMWT Operating Management et Industrial Enterprises. Industrial and Technical Inves titratiens and Reports. Consult lntr Enfrineers te Manufacturers .$50,000 Penna. Railroad Equip. 6s January 15, 1930 Tit Frr In Pmnsrlvnnla Price te Yield 5.50 Townsend Whelen & Ce. SOS Chestnut Street Mnnhrrs of N. Y. & Phlla. Sleck Entii. nns wee". Hi ni inn loe DB'J inn l1i IflTi nn en 07 )ni' 1)7 101 U lnsi, 1084 ine', jefi) in, VI) ine 101 ine'i 101 ini lelS in, mas, 102H 102S 10T 107 inn inn lenv, in? ti UllU 1014 mn inpj ini ini mis iiWi ma mi less inss 100 1001, Vl ' ion Mi Mi MS RM. 4 72'j AH M, HOrtOHwIai TiWi 101 'jone an Joaquin i.i as, ? uOOO U S JJexlce is,,, Wi 4 ni'j B4 10. 0S -V WARNING! Protect out; self agalnit rlish'jiict brokers. Bb sure our ncteunt Is hate Be f oie buying bteclts or tlelnc ftiislnesH with lrrfspeTislb(. biekcrs consult our INQUIUV Hl'miAU Our weekly imici costs f 5 ud eerly. Sample copy maileil en icquest. INVESTORS GUIDE 2 Recter Street New Yerk Established ;j ycais When Yeu Plan An Investment. de you leek for a security that has been planned with your interests in mind? That's the sort of securities wc offer ou. They hac been planned as in est ments for censcrtathc people. The safely et jour funds and a seven per cent income te you arc the Kpecifi. catiens we Insist upon. Your rij-hts hae been safe guarded in ecry possible way and wc bine n constructive record of kecpine. faith with our clients. The R. L. DeUings Ce. "Biiildere of Business" 1421 Walnut Street riilladtlplila, IVnr.u. MEWBDRGER, HENDERSON & LOEB Members" New Yerk and Philadelphia Stock Exehangm 1410 Chestnut St. Central National Bank of Philadelphia Chestnut Street at Fiftii S-tt" -J UliUl M aVf) IU"afS Proposals . I KNOW-- Autn InsurafiiM ntnl llnanilnv Tli.r.'a nn oi'nln'feim peIIIiik aut'i Her" I'lione U iilnui 7H70 ur aililnaM cgu"e' a nn, i riMifll Ol TIC I r-J In Continuous Business oil Years 1 1 i: INVESTMENT BANKERS Mn uf blgheat Inlrerllv a thnrnuR'Uy !.M.nrlm".l ' "hlT. .Irairr, p01,en liy or nutal.la, ' "ueni IJn A 5IH, I,efr mtt MOVER r CO, sT sSfSi ftj . ,.. . Bankers & Brekkrs - 301 Chestnut Street O. April 4. 1922. DIRErTOR'8 OFFICE UKlUKr.Mh-NT OF PUBLIC HEALTH .18 CITT HALI rillLADCLPHIA, PA tSealci propeaala will bs rfcelvcd st Iks) eftlcf until 'i o'clock neon Tuesday. AerU IB. 1 f)'.':', whrn bldi will ba epentd ae4 scheduled aa follewa: Ill'nKAU OP HOSPITAI.1 2D AND I.UZERNK STKKKTS T'nr the ( nnntrucllen of cold-ateraze howl I'nr furnlahlntr and Inatatllne stcrlllats with watrr, nteain Hnd dralnaira connectleni cimpletfi radv for usu. 'valed propeaalH will I rcfilfd at this efflc until 12 o'clei-lt neon Thuraday. Arlj SO 10.2. whrn bids will be opened nl scheduled aa follews: HinilAU or HOSPITALS 3 TII AND PINU STnEET." Fer the construction of an addition II tli Nurses' Heme nnd alterations therm. Inrludlne plumblnk', hcatlnc and electric! work. Hpeclflratlena. blueprints snd form" el "onesala mid nn Information rWatUe tl the aterllljers and te the Nurses' Heme mil In had upon application te l'hlllp H. Jehnsen Esq . Arihltrct PrfB'er llulldlri uiii .Sdnaeni street, rnliadnlphw ter coia ceia coia ateraso t.cs te the Director's office. JM tltv Mall Illda freni eihrs than these eneased of rstabllahcil In buslncsa for whhh propeuli are naked will pet be entertained or con sidered. Iilds are Invited, subject te lutun uiiiiropnnuen ey i fiuncii. All blda tnuat tin urnnmnnnl.il hv a car tltlcate from the city Solicitor that securttf lias lx.en furnished, In accordance with tni iTuwmuni, ei tne urdluaiKC of CeuDCiii uonreed Tnv Li.i. ihiut The Director reeriei -the right le scent any propeaal. In whole or In part, or reject all the blda .is uuv deem lest for tin Interests of the clt. l lien a bid or ! uinijjte of blda exu-ed the autn of 1100 It will le neceniari ler u contract le H entered Inte, the cot of which nnJ all la; formation relath.i thereto may be ebtalnel neon Immlry at thu efflic uf the CIU eunviiur. i ii", nail, rnilailelphli, C. l.lNi'ui..: I'lirtmisii. m n. DJreoleiof the Jjpir(iutnl I NKM lArVri.K I IT IIOMN "' J.iJ,OOe3 PropeaalH will I infiinl until H V. H Tueatlay. Mu u, luii, for ill ni .. Pirl ft Tent-fl(n IheuRJiiil IjeII ira of llnnd)tl iHhued uiieii the trulli of the His f Vr l riatle. Mil.. Lnd, r . I nt Ihn l.nrt .f finbls nf thf htim of In'nia" HPirel M.irili SI. 1017. .V.hl llniuls ll I In 1 i line of II .Mum nnd Ci.nn il uf N iiatle w II l,i datnl n ,.f .nt I. I0M l m.ii Inlerrat fiim ,J uc m tu i lie of flu pi i icntum per unnuni iuh'i se, h uinoal uineal I, nnil Will le In rieimmin illnna nl l'i 0 W 'fli numU'iii innsceuthetv fieni ine H nri tne mil, ipai te be inahe at the ' Plratlnn of thlity seiri from the iit- of 111 li'Siic thereof, the k, Muni,-ini p-noratlei roierlne Ihe i Icht te ri-deeni y.nd nwU or nm of thorn at nuj Inter, el p rlud n(u' the expiration nf t em from ihe dsll lj leiue All pronennla must b miampaslij nv a certlflcd I'heclt pijnlie m ih" nuler me .urser nnd council of New faslie i" three ier centum of the am mil of Hes"1 nwarded The Keni'a will In dfi red ' een aftr Jllb , lOil. Ii pimllinlle, l !urrliiier tn piy .ir.ruel Intmtt fnmi I" ilile of the Ilerid" te !)) tlpii uf d II'" The rlRbt in ri-Jtrt in, i, .ill i.uls I' ''.' kered. AiMicma ii I 'j iN In ("hall" ,' I'lvii.herl'i, I'lisiniiu of Council, .N.n Csw i) i lly erd'r of flt Ceuni I ,ii i i i.u i i ,,i, .iimTiTr. .(...vtfi.r. i i,i unu Pri-Hlilent i f l eanu. WIEGNER,RO(iKEV&CO. SSrtifi? ?.lic Accountant propesai.h for peviu:ki:ii AltSENATl , OF I.KADi neparttnent of Asrltuliurf. Waahlnsien V . Jfmli SI. It).'.'. SsW propeaali fur furnlahlnu and ilellverlnf I" the New lSnKland fltatea and the titati 01 New Jersey one -hundred ldi)) tena of pef; dered araenate of lead will Im rerehed ' ihe Department until 2 o'rlerk P. M.. J? day. April XI, 1031, and then ure.vd St-,' llliatlnna and blank forms of propesali cw l huil en application te the ''hsliwij lleatd of Award', Department of Afnr Hire, Waslilnttnn D. C. J- !l)M, II l(h,l A.M l.ml'!a"ij dealera ilelrlnL- in Ind en aupplUa(er, Slat llnaplial for the Insane at D"VJT Pa.. lllirinL' the ir .nlnt Mnv fll 1 may address tl,- uudeialkiied. U'",ku SISIS of soeds U Is proneaarl te furnJSf ih. n. bchiii.tz. Btswir till ettWSISk'JH ISfc'IfttR' i iAi &lfc&i5at3i,. t rWBKEt49.Sl .W.Aa' 3.' H. .Jti v ra&i .. iv,a1wi,ffli'vuv,;,.r.1,J)H, , r:A'"'jsi 'Mk ,- -Y-'--'rika,M''ill r-xir7 Skn.iS&Zi' '.'.? (IK sssssssssssssstr Vi. ---- ,? ' i i liiM Y 'Hi wl Ufiu i .aJlim&& lk
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