watftf c r WW 'd. l 1. "f . V ' '- ip-." ' , tJ7rti.&E fpBPIpM Ir"" "" s JvJJKtN PUBLIC iLEDGEBPHniADEliHlA, TUnAV SEPTJiiMBBB 30. 11 I T.. A ....-,.. ..-.. i ' w EQUIPMENT TRUST CERTIFICATES We Offer Subject te Prier Sale and Change in Pricti Company Rate "Baltimore & Ohie Railroad . . . 4V' "Baltimore & Ohie Railroad . . . 4'v" "Baltimore &. Ohie Railroad . . . 5r,r Canadian Pacific Railway .... 4-s'i "Chesapeake & Ohie Railway . . . A'it'n Chicago, Burlington & Quincy Railroad 6'" Chi: ige, Milwaukee & St. Paul Railway 67c "Illinuie Central Railroad .... T"c Kanavha & Michigan Railway . . . Gr'c Michigan Cential Railroad .... 6rr New Yerk Central Railroad 6'', 'New Yerk Central Lines . . . . S'c ''New Yerk, Chicago & St. Leuis R. R. 5rV. "Parific Fruit Express 7re "Pennsylvania Railroad 6ri ' Philadelphia Rapid Transit . . .' Gr"- wSt. Leuis-San Francisce Railway . . Sc'r "St. Paul Railway 5re St. paul Railway 5r'r "Seaboard Air Line Railway . . 5c'c "Seaboard Air Line Railway . ' . . 51:r'e "Seaboard Air Line Railway . . . 51-'' "Seaboard Air Line Railway . . . 51.; '( 'Southern Pacific Company .... Te Maturity April t, 1924 May 1, 192'i Aug. 1, 1924 July 1, 1924 Nev. 1, 1923 Jan. 15, 1933 Jan. 15, 1929-34 Oct. 1, 1934-35 Jan. 15, 1933-35 March 1, 1929 Jan. 15, 1934 June 1, 1929-36 Sept. 1, 1925-37 June 1, 1928-35 Jen. 15, 1928-35 Aug. 15, 1929 Sept. 1, 1926-37 July 15, 1924-25 July 15, 1926-29 April 15, 1924 Oct. 15, 1925 April 15, 1927-29 April 15, 1930-32 June 1, 1920-27 Yield 4.50' a p 4.50' e 4.75c'i s.er.cJ) 5.40'e 5.00'".' S.5c'e 4.90 5.00' c 5.05 S.lC'e 5.50' e 5.101) ' 5.30' i) 5.S0r1 5.75 5.70' 5.05 r'e Issued under the Philadelphia Plan JANNEY & CO. 133-135 SOUTH FOURTH STREET,, PHILADELPHIA Telephone, Lembard 4320 Is it an Advantage te theWife and Family of a Man of Small Means When a Trust Company is Appointed Executer? It is, for it gives them the confidence which comes of knowing that the Executer is thorough ly experienced and trustworthy; that lie will net die, resign, or be out of reach when needed; and it affords them the opportunity of consult ing with some one who is prepared te answer the many perplexing questions that arise. This question, with ethers i answered in a booklet, "The Trust Company and The Individual, " which will be sent en request. Fidelity Trust Company 325 Chestnut St. Capital 5,200,000 6324 Woodland Ave., West Philadelphia 1431 Chestnut St. Surplus 16,000,000 t) Funds held in Trust mere than 290,000,000 GULF OIL TOUCHES NEW HIGH ON CURB Old Stock Gains 25 Peint3. Macy U Sharp Fraction. Durant Easier' TScir Yerk, Sept. 10.- An irirzt.ktr tene df-deped ufler llir npenlit" ett Mi '"iirb -tltli Interest hi rpely ceiilrfl In Mm oil Murks, e-pr.'hllly in Utiif Oil. whm Issued, which rnntlmicil Mi Mrnn," ; nnd iiethn frntiire, niirniu'ins- nwr i points te n new hlcli te 07 "4, uliilc Mi" old Meck iidrniirtd Si peinl also te it new hlsh nt S00. Stnildiifd (ill of Indinn.i nihniirnl nrnrl.v 1 point, and lnternutinn.il I'r. treleuin nml Itniierinl of Cnnnd:i -linrti frnrtlenn. Shell t'ninn Oil n-p a point nml It. If. Miii'.v n blmrp frnctleu. TI111 keii Itellrr linn inc. Dnnlrlrf Meters ami Diirnnt vcrr slightly rubier 1MLTRI.IA Well r.00 Arnm Teil . . IW 3000 Acm I'-' kiiiB . ''"'' 211 nkljn i'Kj M" . 'I'a .'ill nrlt-Ain Tnb reup. 1" innti Ilurtdv nmii .. . 1'a inn rhi Mnil .. . '. 101 rein f-eleti(ii "H". UN inn TJ-mi- Met .... mj-j- Hid liurHht Met ) loe i.imbPl Urn, -tV-,1 Seft tluilseti Man .... II 100 lltli ice jif . . . KV arm 1 k e rt .... 1 linn t'rlma Itntln 14 '.' Huulh i'I lMlfnn .in.'- inft St Laimt IVt'Jw mT 10 -lfi i i e , tl" IftON'Htleml l.-.-iih tv. 8. I.nr r M. M Me, .-.-.Si 2'i New Jrr Zinc . .t." Sftft 1'hlllii Merrli . . If't Mm Itjrtle rem . . I (fill (rhllllr MnrM . 4Hi InOO seuili i'nr.1 (. Iren. 4rti' 1nmciiilirfl Pred .. It'n ".'Oft I' s I, I II IS IKie rmtcrt l shar n"W ' ion Wmie Ce'il . . "JTi tMiO Tirhnl'Olnr Inc I."'1" :00 'llinkeit Ur.il Har. y'N STAM)n l)U. C'i Imp Oil Can .111 tene h e ct In'l . . . 1K' iMir.rr.vm.M' eiia ine Atn . . V J 4(0 l wrth SIK VOt Mil's f-ertli" ine (M(i er 0 If iC'i l( sniri pr r 'no rnlrtil oil lTOi) illllll in. I uil .Mi') Int P(rel . . in (lulf oil . 7 nneniiuir ."i i i' l'0 Mnraralbe Oil Ien Merrill oil mm Mke till . lL'ne Mum ii jir .... jnn w .1 I and. . inn Ne Am Oil .... ine snptilpn l(f (ine Shfll L'nlen w I . . '.'no Mmnii l'et . . . Riiftli Niuili P A It . line levnn ii X 1, liieTI'lul 0ce .ion Wilcox Oil .MINIM., 100 Alni nr " n. . lene Ilic l.il(f 1 1 ime i'iiiiI. nrl .M leiiii i iitm i'iip M . . . 1000 l.i rnlniliii . . . ".'ii'ie nmm.i Slhr. "n in Unlit ti-i P.l'On Inilpn.i l.eiil 1000 . 1 umbe UMi'nili.n. . inen I nn '-'ur r.nen Ceil I'rnvlur" 1 inn i'eim I'etPf r CtlK L'1,0 )..an i "in. . . . uoen ilnM lllu' ll-i! jen iienrMin 'lU'r. . r.oen iiMnrA l'h ul.' inen Mi'NnnieiK iv? :ienn Nntlnti.il Tin . lene Nail.i eplnr. TOO NVrt Iiitnnnieii JnO ;itls.lns '.no I'Bilt I Hill KM II Ha! It' f lll" Ln0" Mlw r Inlr 2000 .pr i rlu 1. 1 r.nO'l il' ' Mill VHI lr., I, llieli .inn Mniini-li niUil, "en t nui il Kiiitcni nui !i'-j ii Vi! if, imt 4lV, l.i 'n in 7'4 1A 1A 10- in' lift M ir.:.', 1H' 4S'j in.. ii'. f ii'. t'lir. 01, l'l 4; 10', 4.-.', Ill P7't I .'. i g in-, in' lie TiV 101, IS 1". 111. II'. 1", fi', U. S. VOTES $575.L TO PURCHASE S Clothing Plant Will B Oregon Avenue L VI f t .1.. I-. ...& I'liri'lJHfr ei inn "ii;r iji rua - . ty-llrt street nnd Oreceii nvnime brtne (tetrrnincnt, en Mlih.di the new clethlnB mrintifnrturlDK phuit for the eriny in sltunlcd. l.i vlrtiin1l itpsiired h.v Mm etitic of r7i7"i,e00 for the purpoe by the lloiie of ltppresiitnli-t. fiecretnr.v Werk- reqiiclrd th Mill" Istry Affnirr, feimnittee of the J Jen its te prexlde for Mir ptircliufe of tli lnnd en rlilr1i t-lin linieintnenr nlrradv hs ex pended $?S,."0U.CMM. for the viirelietiM. The piiri'lmM' is te he effrrled Ihreucli . a friendly rniide.mn.it ion tnit aRaiirt tue (Jlrnrd IMnte. I Trnnffer of the equipment, of the i ;eerninriit HeMiing plant from the old , SelniTlklll Ai'cnal, irny Inry rend , nnd Tncnt.v-shlli street te Mie nw plant uns imiil" In In'- Al""il. Abeiit ieOO n.eii nnd vuincii nr rmple.ed tn j wlmt ',n,ll(l b Serrniirv eeks tlie , arnn'. hvifsctt rletlilnc nnd equipment ninimfiii'tery. It U housed In one of the unrelielisrs celiverieri niten ineu'-m riillnth'lphlii M rrKardrd by Wiir Pc partinent efiieinU us the renter of th clethliiK indutr, nml purelui'e of the hind ns decided upon in the event tin (ioernment llnds it tuh-uiitngreus te yell It ut miv time. - MuniiiiniiniiHHiiunnniniiriiiniii:.iii,aiUiiPi:u,in,iiii:ftiin"iiniiH.H,rGr.EinuinHii FINANCIAL RESERVE i The permanent success of any banking or cemmer- cial enterprise depends p largely en its Jr. anki ' -. f-rr! .. Chicago, Reck Island & raeinc Railway company First and Refunding Mortgage 4 Geld Bends in ii.-." S75 111 111 nPa ini'j COl's I p. 70'a I.V .-s '-'I't m;i. tn'i ' 1 'i let, 1 2H as 1!5'j II 17r r.r.r. ia'4 :' n 40 lllc lie It. Jl' !'.' i: i. !1 7n'6 l.V l .'i! 77i r.i ri, s'. IS in IS Working Reserve in Bank The unusually large Earned Surplus ' gi of this ceniTiany indicates I ' 1 etrcngth, permanency and S a canacitv for protecting a "T;Vg the funds of large and ' si'!' jr small business heu,.c. g Interest is paid en average H i i!v ' 1 daily balances. Funds arc h j 'i"s'l subject te withdrawal by 'B check. H! L'1 Since 1S71 IS7I II rCAPITAL$500.000.q01 SURPLUS (EARNED $2.250.000-00 WSteth&SFdflflGaideny i in iiiii' !ll'llli'IU"ll,Hlilll"li!!'lilliliii'iiil' lnein N ! r,ni Cirp ii- . "2', "."j nij i I'OC'I tii-r Tet, 7i iniS li. PUS .'"I"' VlMrnililu I dli (' .le.'S I'l.'S In.'S liei im.iii.U 7a '.Ti inc4 lin', lnl limn (l (1 (. V I ." ." ." " i! mil H.ili .i-l 7., .'I Inil'j 1 e ,; t tfu.ij limn Id ill Mr... 7 II.", 10.M in.-. 111! Jill'i 1IUI ii I 11 lii - (i I"1' ll"l 41 nil i ill ni Hi l.ii 7- I I I 111 II '.'hi rin ii Hi l ili 101 Iti. III. .'i.lini. , .;'i II s 1 '-" Id", , Hi". loon Iniri It T 'It' 'IP "T j 1iM.nl ii. II i I, ; In.. In.', in.', 1 i mi i i. I. .It "'. Inl'j 1"l'j inl'. Illllll I "111. I ill V I. ".. H". I i ''1 limn fill. rr N J Tj In". in, 1"". inmi llnlirri ii.ilr 7" '' ' '''' i 'in'. .Vine feiir-. Hu h 7 "SH ldl Inl' ion, I111111 Hwlfl A i'j 7s J.I 101'i Inl'i Inl' . 'inen sni't ,t i e 7i '31 10 in.l 101 I Itjeuil Wi-lein lllc. 7.' . 107 107', 107'j 1 OK I'll, X llltMls ' snoeo i.iiirr 01 n. tit ('- Pit n., - J5UIJU l.llii of tntM Si II ' '.15' i l''i VALUABLE SILVER STOLEN FROM MILLIONAIRE'S ROW Thieves Invade Tuxedo Park and Get Frellnghuysen Plate New YerU. Si-pt. 10. Tim i.T-lilen- able I'b'.Iiip'-s of TuC'le l'r.rl;, pcrlnip. the larsc-t croup of i-iillionaite-r -hem'-i I in th world, luis iiRftln lioen in rnleI I'T ' thictes, (kpite it prh,-tt- police s tent, lilcli (.tene wnlls und linru-il j;.it . suppiisetlly mnkini; It impirt-tiitlilr. A rtmnril of $liM)(l eiTtTtl in n uinni iiiS iirw,paprr for tint rplurn nt wunt Is hlinpl" ilc-crlbvil ns "t-llvt'i a:r " but wji.it is part of tlie l'li'inislun n rollrrtien of plnte. f.tininw in Aitn'ii' mi ' bin Inry. inaili' tin brenk Known indii 'I'll" pilietp jiellrp nrc Inn hi ' r I Iiem tlie thrft trulll tin' linti'i' of 'll.ni- i ilerc I'm linu'liuyt'ii, thrcn1 in mui' i. i t'lrrr. iih an "ent.iic jub ' in- (low found upon b j;mnd- I'd h i lie Forty Years of Satisfaction te Investors Behind every Straus Bend is a record of 40 years of 6afety, prompt payment of both principal and in terest, and unvarying sat isfaction te investors. The reasons for this record are told in our booklet, "Forty Years Without Less Te Any Invester". Write for it today, and specify moeku:t e,m S.'W.r STRAUS & CO. iNConreRATCD sTlisiib" iM Stock Exchange Dldg., Phila. Tii'tpitrt Srnuci 56-3 40 years without let te any investor I 'i.J " S X. fa rTiaif-i52!ii Public Service Corporation of New Jersey We shall be glad te send en request an illustrated booklet describing the properties of this corporation, 'together with an analysis of the capitalization. Bonbright & Company 437 Chestnut Sheet, Philadelphia M"V VOHk HOSTO It It' A CO Itl.TItOIT Common wealth Pr. Cerp. 6's 1947 Americ-n Pr. & Lt. 6'i 2016 Amer. Rwy. Jeritr Central Trac. Ci 1947 Penni. Ohie Elec. 6-?' 1938 Metropolitan Ediien Ci 1952 Utah Pr. & Lt. G'i 2022 Celumbut Del. & Marien Eltc. 5's 1937 ' Burlititen Gas Lt. 5's 1955 Birmingham Rwy., Lt. & Pr. 43's 1954 ' Sprininfld Cen. Water 5's 1958 Northern Ind. Gas & Elec. 6's 1952 Amcrictn Rvijrs. 5's 1927 , Wilmington & Phila. Trac. 5'i 1963 i Indiannpelis St. P.ny. 4's 1933 ; Samuel McCreery & Ce. Mcuhrii lh lit lVe" 7(i7in ir;e Franklin Bank Building eiiiii HUM ilii'ei'i et tlm reiiberv. 4 WOULD BE POSTMASTER - - ii ii DU SIN ESS EXECUTIVE Seeks Connection Met- t a nmn et uniiBU-l e. utif nnd uenini-rU-l abl.i, iiBMntr fnuiir-n vcarr of rst.'ptte.ial ;"M'';np '" In fiHr j-,-ilK .Mnnapemfiit. rinnnte niirt ilniiiistrilui of Manuta.iur'nK But-nc.s, R.yK of ""I;?? ttchnb-al rducntleii rilid ou(l ' idsmetit Ac" tlilii tour At preciit lin W an Kill, er of a uremineiu co ipn"Ue but ,,,- a. cenrtcrtlnn that wl'l otter crcitcr oipeitiinlt for (.eustructUp nerK. Reply Puliljc LetUet Bex Ne. A 527 .W.larR$e. " BANKERS j. 321 Chestnut St., Pbilatlclphia Estabtislicd 1837 Members New Yerk and Philadelphia Stock Exchange Lively Contest In Gloucester City. New Office Sought A linl. cuntct Is Iiciiic an Inl "H ir Glem etiU' City fur the uii-il.ini ui 1',,-r -I innittT which will Im httiidnl "in In ilic I It--piibli-.Mii on-animien within t Ii.- n't meiitli, nml 1mi for tin Incntiun et tin.', proposed new put eilitf lnii!dlii' I Chi'sti-r I'anceust, I'm met prn-i lent or" flty Pnuncil, is new a inmlidati' uiuKln" four In till. Tin1 titlm1 tlncf hip ('iiiincllman M.inns i'ii'iki t'diiin iliiinu William .1 Iljl.in.l nnd Killijii J, tifNsh'f, ai-iiniit purlin i-ii'i. Hepi'("Piitatie l'.ttli'i m-ii i, mi" .m -ippiupiintleu for a new 1 ntlni.il b nlil iuv. Must of tln iiinntil.il tin mi; in in1 miil bii'-lnc-s nii'ii want tln b'ul.nii" pi ii out nf tlie Ininiljji tiien sr.itun while lOlhrih want ir en IltumlMi wl . Ii i-t I mete of a H'MUi'iuial ocuen . pui il I iiiipi'iter will he beip ju a fi w im te ni.ilie it burvrj . First Mortgage 6 S. F. Geld Bends Due January, 1934 Si'fiuiil by an nb-u utc lii-t. ,-n.il i nl, iiim tuac or all lirejii. rty of tin m npiinv Earnings eiler 2'- timci interest charges Company Pays Nermal Federal Tax of 2' Price te Yield 6.50' . Baker, Yeung Sc Company .IIIM I'll '-II N. Ir . 1 ni.t-Cfr l.nntl Title Bidg Bosten Pliiliidrlphi.i 1 Cempi-nwetlth Power Cerp.. 6's 1947 Scr'oten Reilwsyi Company 5's 1947 Datb-, Media &- Chester . 4'- 1936 Inilisnapelis Street Railwsy 4's 1933 IndUn-reiis Water Wk. Srr. .6's 194S Springfield Crn-nl. Water Ce.. 5's 1958 Citirens Gas Xr F.leclrir Ce. .6'- 1931 Aeifrican Pipe r Cent. Sec, Pfd, Stk. SAMUEL K. PHILLIPS & CO. J,ebc,r. ,S-;5gfI"ffijta- t , SUNDAY BASEBALL UPHELD Judge Says Even Church People Violate Blue Laws I I.ebiViinn, l'a,, Sept !! I mmv IhiiI" t-lieilld "ippit'i'l.'ttc tlm t'i i! it It m tin iltte-r linpeshihilit- In tipiui'd 111" t-iiiidiiy bliie law?," tti lat oil JmUi- C. V. llriir- here ye-tcidnj m inldn ---iiii; tln Sonteiiiber l!raml .lurv. of wlilrh the Kcv, .1. Ii. 11 nsen, a l'te-bv teriati i mlni-'ter. It foreman. Continuing, I Judun llcnrv sahl: "l'-ou church wonle -inlate tlie bliip law- in them dajN of I'einpli'MU of nllllU'S. IM-IM1IS of iiiitouiebllci mi tlu- Sr.hh.iih l'n is common. 'Dun i- in i- red violation of Ibe ehl.tinic SumliM blue l.iui. Se leng: i- ban hull i- e'liyid en Sundfi" for pnHtlme, ii is nut ,niv mere li.irintitl than mnni eiln i . i r . son- nert in popular uin " McCall Cerp. Resumes Dividends i) C" 'It ninp (nan .i i,i.ii-t of u. eritur' 'i i r ui. ri, rtl ,p. prfiln.(l I'nmi.iir lii ilrinin -f-f rated, in tl i i'u.i i "f l'.el Iiir iinlitf-t i iilt p 'i- In ,- ri -t no ,if tl . 1 ii i i .inl i i e -r 1 .1 n luce i I ( ii in i I'll si Ii IllUilt (ill II ' I i l ul i ill ill , an mate hi d I t" .iiii' The American Appraisal Ce. Milwaukee, Wisconsin porjuen Iiki rt-imwl illvl.ltiidii'uii ihe nrt ..l" oeciaratleii i Of 11. IU. n. Ms. .wuecjc fit-TtCerd-fianUmbar XtL i prfeud ilecl by the declaration at u im. VuJliVWfiLff-lV2&".a-Al'ie- MftM-l t-s.fnv -hf- Invihnenl Seen ri tic.-- McGLINNf&CO. Wrwhrrrt eu Vnr. hteck Lxehangc C28.529 Land Title Bid;., Phila. L Due April 1, 1931 in New Yerk. Dated April 1, 1904 1..1....1 Vautr. ",.,,.. Anniijllv Annl 1st and October 1st r,ln-lptl -nr) int.re.t P.Mbl- in .r - OeM . oil,, -f-ilheu. 'Men t-VX?M' fhy Company ms; he th Unlfd Sl-'a of Mnirlce or of mus -"t. ceun'v or immlclpe'lty tlicrcin. Coupon Benn- of 1 O'iO --Ci with rrlwl-"i r r:i-triitioi-neelsfred Ilenrl- nu, t" t- trhant-il for Cenp-n nenr) ly or through pledge of the entire issue of First Mertsage Bends) en railway lines aRgrf-. -1,171.21 miles, including the line from St. Leuis te Kansas City. Impertanl mileage ...j A,...! -.t ...: . .".- t ... ai.r, crnrnr I a Kr-cend lien tsUDjeci te Central Union Tiu.t Company "of New Yerk and David R. Francis, Truiteet. RH'rcnce is made - a letter of J. Gnrmnv, Esq., President of ThcChi'ago.Reelt hh4aJ!dradfi?RXWcmUy, dated September 15. lf.2?, addressed te the midrrcgned, ivhieh he has summarized or follews: Th,. V!rf nrf Pcfnnrlinr- MertcaKe ,"- Geld Bends are secured by a .first lien (euner ... .. ... r ... ...u. . ... .( U:... HXA-4nn, nirect gatm- iu icxas, WKtanema ana new mc-itu, nc uum" -- -" . ;r -, ri.L ti- ..n tl,. existing mortgages) en 4,656.66 miles of read. In addition the Bends are a first lien upon t,,e ente stock (namely, 515.8Z7.500 par vatue "-re-errea anu w"-" 'lv'Tr, u wJiiVAari r-ta. year leasehold interest in the entire railroad of Choctaw, Oklahoma and Gulf "'?" pany, aggregating 966.22 miles, making the total mileage covered by the First and Retundtne Mortgage 6,794.09 miles. . . The First and Refunding Mortgage Bends are further secured by a first hen en terminal properties in St. Paul, Minneapolis and Kansas City, en shops at Silvis, near -fi" M?'l"fc "h and en equipment upon which this mortgage was an original first hen at an estimated value or 510,049,000 and equipment originally purchased under equipment trusts or otherwise acJu'red. upon which the First and Refunding Mortgage has become a hen, of an estimated value et $5,899,000, making a total estimated value of equipment new covered by the First and Refund nig Mortgage of $15,948,000. These Bends are part of an issue limited te $163,000,000, of which there have been issued Si 54,020,000. Of these Bends (including the above $5,000,000 Bends) $100,441,000 are in the hands of the public and $53,579,000 are new held in the treasury of the Company, or are pledged as collateral for leans lue banks and the United State Government. Additional Bends can be issued te the amount of only $8,930,000, of which S7.900.000 are te be used ter additions and betterments, at the rate of $1,000,000 per annum. The total Funded Debt (including Equipment Trust Notes) of the Railway Company out standing en December 31, 1921. was at the low rate of $31,427 per mile of read owned. Fer the fiscal year ended December 31, 1921, The Chicago, Reck Island and Pacini. Railway Company reports the following earnings: 8.122.67 Average miles epeiated Gress operating revenue Operating expenses, taxes, $1 39,272.024 rentals, etc 122.592.485 Operating income 16,6l'ne9 Miscellaneous charges less ether income z3'08-! Net income before interest $16,656,457 Deduct interest en Bends pricr in lien te First and Refunding Bends ... . .-0,568,928 Equipment obligations 792.821 Reck Island. Arkansas & Louisiana Bends 513,144 St. Paul & Kansas City Short Line Bends 431,348 Miscellaneous interest 39.337 $5.345.582 Income available for First and Refunding Bends and leans secured by First and Refunding and ether Bends $U,3I0,87.'5 Deduct interest en First and Refunding Bends ... $3,797,640 Leans secured by First and Refunding and ether Bends 1.732.976 5.530.616 Surplus after interest available for dividends $5,780,259 Fer the seven months ended July 31, 1922,(ths se-called lean months the total income of the Company available for interest, rentals and ether fixed charges, amounted te $7,988,354, which was $1,533,221 in excess of fixed charges and this balance ever fixed charges was $831,747 or 118.6 mere than for the same period of last year. We offer the above Bends, subject te prier sale, te approval of Counsel, and te au thorization of the public authorities having jurisdiction at 87 and accrued interest at which price they yield a net income of about 5' per annum. Ber.ds of this issue are already listed en the New Yerk Stock Exchange and application will be made in due course te list the above bends. Speyer & Ce- Harris, Ferbes & Ce. i abi-i -nt-'i er i h, ns-ri ef-m-.l from effr-ui ri i" e'h"- rieur. n'-h m. brHN te b tt ubl, Im'. thu h B i.et g Jdranfcd by u- Yerl . September 18. 10JJ New Issue Exempt from all Federal, State, Mttniciicl and Lecal Taxation $. 1. 500,001. First Texas Joint Stock .Laud Bank Bends -- a- -70 Date! May 1, 1922 Optional May 1, 1932 Due May 1, 1942 Coupon Bends in denomination of $1,000, fully registerable. Principal and semi annual interest, May 1 and November 1. payable at the National Bank of Commerce or the Equitable Trust Company in New Yerk City. Till FIRST TKXAS JOIN I' sKKK l.M) DANK ha- lm m a.-lr e epcr.itii''" -in "pril 2, I'M1-, .it vliu-'i tunc it received it- eliart-r finm t he 1'eilcinl 1'arm Lean tteaul. The -ter! of the P.-i.ik i- held by .-ub-t.-it" ti.tl and -urrrs-tul resident- of Te;i-, and the Officers ,r"d Heard of Due, -t"t - xte all men of recognized abi'ity r tl jt -ectinp. Th- appraisal-" mr ilvs Raul. !me all been made, b- the 'rq-'-.'ar -laff "f appr.-n-ci - of tlie bed rial aiid Rink at Hou-ten ?ntl the .ii-ev:-is leaned average about '1J'r of the appr.ii-ed aluc of tlie tnett-jaqed prepn ty and cenidrrabl le-, tlian lu'r of the pre.-cnt .ii.tn.-il -sale alue e t'l.it prepertv The lean- b- thf Kank ha" e been mace en land ninely-lue per cent, of v Inch be- tn the famous R'.ack Land District of Texas, one et the richest aj-riculunal sections et the United States. All of the operations of the Joint Stock Land Rank-, r -arefully supervised by the United States Government find nil of th mert--i-"ea deposited as collateral for outstanding bends must be approved in writin-f bv the r--deral Farm Lean Beard in Washington, D. C. 'Ml, - I ,.v d Ran! 1 and l". " i. 01 the Rank 1 Ob n Cat O' - i i j RO.'n rir- dre .ird aie lellaieral.' u eminent Rutid- e - -hurehelder- i double the amount of their Meck the I lr-t 'I "d Joint Sterk 1'iii'f 1 i I r-t nie-ic-anes en i.uiii I,im I eiftica'e- ii Indebted ie-s. The liability If r hare prepared, in pamphlet Jerm. a Itrpert fli'rtn ram- pletr data rclntire'te the orpnnUatien and personnel of the Hank nnd a detailed nnahsn of th loam made In- it. If r shall be plenird lejiirnwh n ''nP ff litis Repert upon request. l'rice I Oli.eO and nccrucMl iiHcres, e yielil ever -1. Go-Te H).'J2 .nitl e ilurcnflrr MT. A. IJurriman fe Ce. Incerr-T-it.rJ rilll.-ldclplll.l Richards, PariHh& Laiimeii New erk Cemmerc-ial Trus( Company l'liilniltlphin , Thu inferm-tiTi uirt thfit -tatt-tit- ar- i et jjuni'-rl i ut ha e I e n eba nrd f-rira 'mircr we bt'iee te be actuate . . ! . . "'I' . ,. Jft'!"Jj'3:". .""K KVft"y!, vWS-a -. 8 rim f irS .! 1 i tA J i Ui LI 'i" III ) t ) hI i i ? -i i "itt 'I IS 'i!i tl m .1! i'i f . , Is .K ii .s n ffl N f i J i m m ----'J-LfP- m.m mi i -sjs mt-mvumHLrMS, m t B'. - .t-'AfltUtfifA' i .awn. &'j jV . l d d' 1-itlpfrrfr-
Significant historical Pennsylvania newspapers