12
"A message? You did not mention that"
"Certainly I sent a message immediately Harley told
his story. As he spoke the wireless operator's assistant
made his way swiftly toward them.
"Sir," he reported, "the operator has tried to reach
the Empress but there is no response."
"No response! Ridiculous!" The General scoffed.
"She has a powerful sending apparatus."
'The operator, sir, thinks it must be disabled."
General Love stared at the aide. Fear gleamed in
the eyes of both men, a mutual fear for a mutual object
Who was this unseen enemy who struck such fierce blows
from out of the dark? And Lucille, sweetheart and daugh
ter, Lucille, the pampered, dainty, fragile Lucille was un
doubtedly near this one who even commanded the light
nings to do his will.—Extract from the second installment
of
Tense and heart racking was the anguish of this fath
er, who realized that his daughter, far away at sea, was
probably in the power of an adventurer, dangerous and
unscrupulous as he had shown himself to be.
• This is but one of the many soul stirring incidents in
the second installment of the wonderful story,
"LUCILLE LOVE,
THE GIRL OF MYSTERY"
now being published exclusively in this newspaper.
This Story Grows Better Every Week
DONT MISS A WORD OF IT.
And to add still further to your interest in "Lucille J
Love, the Girl of Mystery," this wonderful and thrill l
mg story has been dramatized by the !
Universal Film Mfg. Company
and will be shown at the leading moving picture houses in
this city, in regular installments.
There is not one dull line in the story. It ho! is the
attention with gripping interest from the first lire of each
chapter to the last.
Try Telegraph Want Ads.
WEDNESDAY EVENING
HARRISBURG TELEGRAPH
Passing Impressions of Finance
I have been studying the effects of
the wars of the last half-century on
i business conditions and security
| prices. Those wars of chief Influence
. were the Franco-Prussian, Spanish
-1 American, Boer, Russo-Japanese, and
t the Balkan wars of 1912-13, and they
show many phenomena in common.
Knowledge of these may now prevent
| some-unnecessary losa.
j Just before and usually accompany
ing the outbreaks, security prices have
fallen sharply; money rates advanced,
and commercial activity decreased.
This early depression has seldom lasted
long and has been followed first by Ir
regular fluctuations in securities and
then pronounced recoveries. In our
J war with Spain, the large disburse-
I inents by the government stimulated
production and distribution of mer
chandise which is very likely to be re
peated, if the Mexican imbroglio re
sults definitely in war. This is par
ticularly so because stocks of mer
i chandise are unusually reduced.
The period between the early de
pression and recoveries has varied ac
cording to the length of hostilities, as
indicated by the first battles. This
period has ranged from a few days to
a few weeks, although the effects of
the recent Balkan wars were length
ened by a very strained money mar
ket the world over. As a rule, how
ever, the effects of war have scarecly
been reflected before the markets be
gan to discount the re-establishment
of peace by price advances. With the
exception of the Spanish War, mercan
tile conditions in the United States
have not been materially affected dur
ing recent wars.
The effect of wars, both direct and
through interrupted production, is
often apparent in both commerce and
linance long after war has subsided,
although not always. World-wide de
pression after the Franco-Prussian
war and buoyancy in the American
markets following the war with Spain
are conflicting precendents.
The declines in stocks last week
correspond very closely to those at the
beginning of former wars. With some
stocks representing properties in Mex
ico the fall has been especially severe,
destruction of property and cessation
of dividends being feared. The pros
pects for a more substantial govern
ment than the country has known
since the height of Porflrio Diaz's
power, following American interven
tion, should not be lost to sight in
the heat of prevailing excitement
Mexican investments should be strong
er than ever before should war be car
ried to what seems a logical conclu
sion. The promise of good crops and
possibility of less politics in business
add to the likelihood that market ex
periences of previous war times will
be repeated, and the first declines
prove the worst.
Just before Mexico monopolized the
attention of both the Administration
and Congress, President Wilson,was
reported as resolved to carry out his
program for trust legislation. One
of the most far-reaching of the bills
under consideration deals with the
holding company subject. I have ex
cellent reasons to believe that the
President, as well as leading members
of Congress, is prepared to distinguish
very carefully between organizations
loosely called holding companies and
to recognize fully that purpose and
not form of organization makes a cor
poration against or in accord with
public policy.
Such an attitude Is entirely accord
ing to legal decisions and govern
mental practice, as may be readily il
lustrated. The holding company came
into disfavor because of several con
spicuous instances wherein it was used
as a means of suppressing competition
between railroads or industrial com
panies that were naturally competi
tive. It is only necessary to recall the
Northern Securities, Standard Oil and
other famous cases involving com
panies of this class to appreciate that
it was acts that were on trial and the
form of organization was simply a
means whereby these acts were made
posisble. The companies were dis
solved because they had established
unnatural monopolies.
In a field where the holding com
pany is a means for furthering public
welfare, however, the proposition is
entirely different, and the most obvious
illustration Is public utilities. The
principle that lighting power, and
street railway properties are natural
monopolies has become recognized by
Public Service Commissions through
nut the country, and the reason is
that they serve their communities best
as such. A single company can op
erate more cheaply and thereby at
lower rates to the consumer than com
FIVE CHEAT PIANISTS
Busoni, Godowsky, Volovay, Harrison
and Kmita will all be heard play their
masterpieces on Thursday evening,
April 30 in the Technical high school
auditorium. The compositions as
played by the artists showing all their
expression and technique will be
transmitted by the Stoddard Ampico.
Tickets may be secured free of charge
at The J. H. Troup Music House, 15
South Market Square. Advertise
ment.
Business Locals
I/IKK IT SO
So many people like ice cream, es
pecially Hershey's kind, its purity and
flavor, its velvety-like smoothness to
gether with the sanitary way in which
it is packed and last, but not least, it
makes a reasonable priced dessert.
Phone orders are filled promptly. Her
shey Creamery Company, 409 South
Cameron street.
GETTING SATISFIED
When a person is really hungry
they are looking for satisfaction and
here is a place to lind it. Our food is
of the best quality and cooked and
served as you wish and at satisfactory
prices on the a la carte plan. Lunches
at all hours. The Busy Bee Restau
rant, 9 North Fourth street, near
Market.
CLEAN-UP TIME
There's nothing better at any price
for general household cleaning than
Bruaw's Kotary Cleanser. It cleans
and brightens up everything about a
house in a jiffy. Makes things look
new. It gets to the bottom of things,
roots out the dirt and filth from top
to bottom. Ask your grocer. It's a
home product of merit. Gohl &
Bruaw, 310 Strawberry street.
A <iOOI> JUDGE
There are very few people who are
expert judges of piano quality. Yohn
Bros, have been in the business for
years anil have always sold the best
pianos in the world and at honest
prices. Vou can depend upnn what
they tfcll you of piano quality and
values. Agents for American's leadiup
pianos, Mason & Hamlin, SOOO-$ 7SO.
By H. L. Bennet
peting companies involving the dupli
cation of capital and other unneces
sary expenditures. It can more read
ily maintain service at high efficiency
through having its resources free from
the drain of competitive policies. That
its rates are equHable and its service
adequate is assured by commission
regulation should the company be so
short-sighted as to attempt unfair
policies. Most commissions have su
pervision over capital issues, as well
as rates, their duties thus being to an
extent reciprocal; they serve as a pro
tection to both consumer and investor.
With the business naturally a monop
oly, the principle of affiliated opera
tion becomes obviously unobjection
able. Further than that, however, It
is a great advantage to both the com
munities and the people who invest in
the properties.
The principle that a community
should be served by a single company
is not changed when a number of
communities are served by the same
company. Electric current for all can
be generated more cheaply from a
central power plant. Expenses of ad
ministration are reduced, and skilled
enginers can be employed for the
service of all the plants at a compara
tively small proportion of cost to
each. The credit of the several con
stituent companies is greater when
combined than singly, which makes
adequate working capital available for
each plant. The business risks are dis
tributed and the securities are conse
quently more substantial and com
mand a broader market than those of
small local companies. The greater
strength of the holding company
allows the extension of service into
the newer parts of a town in antici
pation of enough business to insure
profits, but attracting new population,
increasing property values, and ulti
mately widening the field from which
it derives revenues. No interpreta
tion that the courts have ever placed
on the Sherman law forbids these
things, These large public utility
companies are investment organiza
tions because they simply own the se
curities, or a part thereof, of their
subsidiaries, and actual operation re
mains in the hands of the local com
panies, so the business is not Inter
state and does not come under Federal
control. A wide appreciation of these
circumstances is one reason why these
public utility investment companies
are a desirable basis for employment
of capital.
Sort of llllml Pool
[From the St. Louis Post-Dispatch. 1
Delegates to the Baltimore conven
tion must have voted for the platform
as the average citizen signs petitions.
Of (hose polled 80 per cent, did not
know the tolls nlank was In it. Were
they as uniformed as to the other mat
ters on which the pledged themselves
and the party?
LEGAL NOTICES
THE annual meeting of the Stock
holders of the Blvbaker Coal Company
will be held at the office of The W. O.
I-lickok Mfg. Co., Harrlsburg, Pa., at 12
o'clock noon on May 4, 1914, for the
election of officers and such other busi- I
ness us may be properly presented.
ROSS A. HICKOK,
Secretary.
NOTICE
NOTICE is hereby given that appli
cation will be made to the Court of
Quarter Sessions of Dauphin Countv on
Monday, May 11. 1914, at 10 o'clock A.
M., at tiie Court House, at Harrlshurg,
Pennsylvania, or as soon thereafter as'
said Court sliull be in Session, for the I
transfer of the Retail Liquor License 1
now held by Philip A. Nestler at "Shell's '
Tavern," situate in East Hanover
Township, Dauphin County, Pennsylva
nia, to William A. Deibler.
JAMES G. IIATZ,
Attorney for Transferee.
April 28, 1914.
EASTERN PENNSYLVANIA STATE
INSTITUTION
Spring City, April 16, 1914.
SEALED PROPOSALS will be receiv
ed by the Board of Trustees of the
Eastern Pennsylvania State Institution
for the Feeble-minded & Epileptic at
the Superintendent's office, Spring City.
Chester County, until ELEVEN
O'CLOCK A. M.. SATURDAY, MAY 9,1
11(14, for the construction of Buildings
"H" and "1." and for the heating, the
plumbing, and the electric lighting for
the same, in accordance with the plans
and specifications of the Board prepar
ed by Philip H. Johnson, Architect
Plans, specifications and blank forms
for bids can bo obtained from the
Architect, 1824 Land Title Bulldine
Philadelphia.
Bids should be addressed "To the '
Building Committee of the Board of j
Trustees," and will be opened and read
in the presence of bidders at the Su-I
perintendent's office, at Spring City, at J
eleven o'clock A. M. on the day above'
mentioned. 1
No bids will be considered unless ac
companied by certified check or guar
anty bond as per specifications.
The Board of Trusties reserves the
right to reject any or ail bids alt it may
deem best for the Interest of the Com
monwealth.
GEORGE W. FRENCH.
Chairman. Building Committee.
PUBLIC SALE OF REAL ESTATE
In the Matter of the Estate of Annie
E. Kinter Deceased.
PURSUANT to an order of the Or
phans' Court, held in Harrlsburg in
and for the County of Dauphin, on the
13th day of April, 1914, tile undersign
ed Executors of the last wiil and testa- '
ment of Annie E. Kinter, deceased, late
of the City of Harrlsburg, will offer at
Public bale, in fron* oi the Court
House, In the ?lty of Harrisburg. coun
ty aforesaid, at 10 o'clock A. M., May
9, 1914, the following described real
property of the decedent:
All those certain parcels or pieces of
land, situated In the City of Harrisburg
known as Numbers 1180, 1182, 1184 |
Christian street rear of Christian
street known as rear 131, and 1218 Mul- j
berry street.
The terms of sale will be as follows: '
Ten per centum of the purchase money :
shal be payable on the day of sale,
fifteen per centum thereof on the con- |
flrmation of the sale by the Court and i
the balance on the Ist day of July, 1914, I
when title and possession will be given I
the purchaser or purchasers.
A. K. THOMAS,
E. A. HEFFELFINGER.
Executors of the Last Will and Testa- I
ment of Annie E. Kinter. dee'd.
Your Small Standing Accounts
Start the Spring season by paying all your small bills contracted during the win
ter months. We can help you by advancing you money in any amount from
$5.00 TO $50.00
ON YOUR PLAIN NOTE
EMPLOYEES DISCOUNT CO.
LICENSED .... BONDED
ROOM 2 36 N. THIRD ST. SECURITY TRUST BLDG.
* r
APRIL 29, 1914.
LEGAL NOTICES
PROPOSALS FOR BRIDGE
COMMONWEALTH OF PENNSYL
VANIA
Office of the Superintendent of Public
Grounda and Buildings, Harrlaburg,
Pa.
SEALED PROPOSALS will be receiv
ed at the Office of the Superintendent
of Public Grounds and Buildings in the
Capitol Building, Harrlsburg, Pa., un
til 12 o'clock noon of Tuesday, May 19,
1914. for furnishing all labor and ma
terials necessary to replace pier and
repair damages to bridge across the
Shenango River at Silver Street in the
city of Sharon. Mercer County, Pa., as
called for in specifications and draw
ings prepared by Edwin K. Morse, C. E.
Specifications, drawings and blank
forms may be obtained upon applica
tion to this office.
SAMUEL B. RAMBO,
Superintendent Public Grounds and
Buildings.
Office of the Board of Commissioners
of Public Grounds and Buildings of
the Commonwealth of Pennsylvania,
Harrlsburg, Pa.
JOHN K. TENER, Governor;
A. W. POWELL, Auditor General;
R. K. YOUNG, Treasurer,
Commissioners.
IN compliance with the Constitution
and the Laws of the Commonwealth of
Pennsylvania, the Board of Commis
sioners of Public Grounds and Build
ings invites sealed proposals for con
tracts for furnishing such supplies for
the Executive Mansion, the Legislature,
the several Departments, Boards and
Commissions of the State Government
as described, and below such maximum
prices as are fixed in the following
schedules, for the year ending the 31st
day of May, A. D. 1915: Schedule A, for
furnishing all Paper and Envelopes: B,
for furnishing Typewriters, Adding,
Addressing and Duplicating Machines
and Supplies: C, for furnishing General
Stationery, Mahogany. Oak and Metallic
Furniture and Office Supplies; D. for
furnishing Engineering Instruments,
Blue Print Paper, and Labratory anil
Engineering Supplies; E, for furnish
ing all Books; F, for furnishing
Brushes, Glassware, Brooms, Mops,
Buckets, Toilet and Cleaning Soaps,
Towels, Rugs, Fuel, Uniforms, Rubber
Goods. Chemicals and Miscellaneous
Supplies; G, for furnishing Hose and
I'lttings. Awnings, Carpenter Supplies,
Upho.stering, Painting and all Hard
ware Supplies; H, for furnishing Sup
plies for the care of the Conserva
tories and Grounds: I, for furnishing
Lumber, General Repairs, and Removal
of Dirt and Refuse; J, for furnishing
Light, Heat and Power Supplies.
As the various classifications of the
schedule will be bound in pamphlet
form for the convenience of the Bid
ders, it is therefore desired that in re
questing pamphlets the binders indi
cate those desired by using the letters
set forth above.
No proposal for any contract shall
bo considered unless such proposal be
accompanied by a certified check, to
the order of the State Treasurer, in
one-fourth the amount of the estimated
contract; or by a bond, in such form
and amount as may be prescribed by
the Board of Public Grounds and Build
ings. Such bond shall be conditioned
for the faithful performance of the
terms of the contract, if awarded, and
shall have as surety two individual
sureties, approved by a judge of the
Court of Common Pleas of the county
in which the person or persons making
such proposal may reside or of the
county wherein shall be located the
principal place of business of the per
son, lirm or corporation making such
proposal, or one surety company au
thorized to act as surety in this Com
monwealth. A bidder who shall have
accompanied his proposal with a certi
fied cheek, as aforesaid, and to whom a
contract shall have been awarded, may,
within ten days after such award, sub
stitute for said check a bond as herein
prescribed; otherwise said check shall
be retained in lieu of a bond. No bond
to be in less sum than Five Hundred
($500.00) dollars, conditioned for the
faithful performance of the contract
and addressed and delivered to the Su
perintendent of Public Grounds and
Buildings on or before 12 o'clock meri
dian, Tuesday, the 12th day of May A
D. 1914, at which time the proposals
will be opened and published in the
Reception Rooms of the Executive De
partment, at Harrlsburg, and the con
tracts awarded as soon thereafter as
practicable.
AS PROVIDED BY THE ACT OF
1913, ALL BIDS MUST BE RENDERED
IN DUPLICATE AND MARKED
"DUPLICATE" AND "ORIGINAL."
Blank Bends and Schedules contain
ing all necessary information may be
obtained by communicating with Sam
uel B. Rambo, Superintendent, Public
Grounds and Buildings, Harrisburg Pa
By order of the Board.
SAMUEL B. RAMBO,
Superintendent.
C. P. ROGERS, JR.,
Secretary.
standard
Tiiv«'HtiiientM Up ouy
In Sliiiidard V fl „ (1 _..
Oil Stock.. ■ " n<l " e "
will yield I these stock*
up to 12Vj a at cliimp
per cent. I markets.
carl h. Pforzheim Ef¥
25 llroml Street. Xew York
Beautiful Suburban Home For Sale
At Duncannon
: '' ' ;V '■
~
Handsome home within 5 minutes' walk of station, in best
part of borough, frame residence, twelve rooms, l / 2 acre of
ground, beautiful trees and shrubbery. Immediate possession.
PRICE, $2,500
R. JONES RIFE, Duncannon, Pa.
, Do You Desire
i A Good Income?
j Regular Dividends?
| Security of Investment?
Buy 6% Cumulative Preferred Stock
of the
1 American Public Utilities Co.
Kelsey, Brewer & Co.,
I Ranker*. Engineer*, Operator*
I Grand Raplda, Michlru
$lO LOANS———u.
AND
UPWARDS
5 We want no advantages, care
■ very little about security, prom
■ lse satisfaction and guarantee a
1 square deal. Ask us what you
1 want to know. Convince us of H
!' your ability and honest inten
tion to live up to your agree
ment and we will satisfy vou
that you will be given a square
deal under all conditions.
IE«AL RATES
EQUITABLE
INVESTMENT COMPANY
9 N. MARKET SQUARE
Room 21 Floor
[MONET
AT LESS
THAN LEGAL RATES
We have recently put into
effect very liberal reductions in
the rates of all loans, which are
positively the lowest In the city.
We Invite honest working peo
ple without bank credit to do
business here at rates lower
than prescrilK'd by (ho law of
1913.
First and second mortgages a
specialty.
Pennsylvania Investment
Company—
-132 WALNUT STREET
Office Hours—B.3o A. M. to
j 5.30 I'. :i.
Saturdays, 8.30 A. M. to
j 8.30 P. M.
msf
To accommodate the work
ing people who cannot get to
our office during our daily
office hours, from 8 a. m. to
6 p. m., beginning April 1, our
office will be open every
Wednesday and Saturday
evenings until 9 o'clock.
Business may then be trans
acted daily 8 a. m. to 6 p. m.,
Wednesdays and Saturdays,
8 a. m. to 9 p. m.
CO-OPERATIVE
LOAN & INVESTMENT CO.
204 Chestnut Street
MONEY FOR SALARIED PEOPLE
and others upon their own names.
Cheap rates, easy payments, confiden
tial.
Adam* A Co.. R. 304. S N. Market Sqt-