TRADE BALANCE BIGGEST EVER Reaches Figure Never Before Approached by Any Nation Washington. Dec. 9.—America's trade balance for the fiscal year ended last June 30 was $3,978,134,- 947, "it figure never approached in the commerce of any nation in the history of the world," said the an nual report to-day of the Secretary of Commerce. New high marks were established in both exports and im ports. exports totalling $7,074,011,- 529 and imports $3,095,876,582. Ex ports to Europe aggregated $4,634,- 816,841; to North America $1,291,- 932,345; to Asia $603,924,548 and to South America $400,901,601. Despite war losses, the world's merchant tonnage is larger now than at any other time in history, the re port said, the total tonnage being 50,919.000 gross compared with 49,- 089,000 in 1914. The present aver age efficiency of the world's .merch ant tonnage, however, is below that of 1914 "because of inherent reas ons in construction and for extran eous reasons such as port congestion, labor' troubles and management." Net gain in steam tonnage for the world was placed at 2,500,000 gross tons, while that of the United States was 7,600,000 gross tons. Merchant tonnage now under construction, is more than double the prewar output. Steel steam tonnage for the United States at the close of the past fiscal year was over 6,000,000 gross tons, four times greater than 1914 and is increasing at the rate of 350,000 tons monthly. "The annual output of our ship yards," the report said, "exceed the greatest annual output of the world's shipyards before 1914. Steel ship building plants have been extend ed or established with new machin ery, methods, housing, and transit Announcing A Special Issue of Stock Of The United Tire & Rubber Corporation 103-104 Lodge Building, 11th and King Streets WILMINGTON, DELAWARE Incorporated Under Laws of the State of Delaware Authorized Capital $500,000 Divided into 50,000 shares of SIO.OO each, full paid and non-assessable. MANUFACTURING It is planned to manufacture all United "U" Tires in Wilmington, Delaware, an ideal location for a tire factory. The product is known as L T nitcd Tires, cord and fabric. Here are some of the reasons: Being adjacent to the waterways of the world, having easy access to the rubber mar kets, close to the supply of cotton fabrics, owing to the fact that 90 per cent, of the cotton fabrics arc woven on the Eastern Coast of the United States, and good railroad facilities. These are big factors in the manufacture of automobile tires, which means lower pro duction costs and larger profits to the share holder. PLAN OF DISTRIBUTION For the purpose of handling the business in the most efficient and economical man ner, the company has adopted the chain store system of distribution. Stores under direct factory control will be opened in every important center of population in the U. S. MANAGEMENT —The management of the corporation is in the hands of men who for years have been identified with some of the most successful business concerns of the country —viz: OFFICERS AND DIRECTORS H. H. Nesbit President. A man that knows the practical side of the rubber tire in dustry, having been associated with one of the largest tire companies in America for eleven years. Wm. G. Taylor Vice-President. The present Mayor of Wilmington and Vice-Presi dent of the Delaware Trust Co. Wm. F. Saltmarsh Treasurer. Assistant Treasurer of the E. I. duPont de Nemours Com pany. W. G. Keen Secretary. General Agent for the Philadelphia Life Insurance Com pany. W. E. Ebert Director. Assistant Secretary and Treasurer of Electric Hose & Rub ber Company, of Wilmington. George L. TownsendJr.Director. Attorney. L. R. Beardslee Director. Assistant to the President of the E. I. duPont de Nemours Company, of Wilmington. THE PRESENT AND FUTURE OF THE TIRE INDUSTRY An investment in tire company stock may be regarded as conservative for many reasorih. The stock of the big producers is now closely held, and is not actively traded in except at very high prices. A few new and sound issues have been brought out, and very eagerly welcomed by investors. Offerings have been repeatedly oversubscribed and there is no such things as an "undigested" tire stock. Tire securities are today limited at anything like reasonable prices. Good tire stocks are good and will continue to be good for the simple reason that they represent a profitable business in a field that is not over crowded. There are more than 6,000,000 automobiles in use in the United States at the present time, ami it is estimated that in the neighborhood of 3,000,000 additional cars will be added within the next year. This indicates the magnitude of the mar ket for automobile tires. SUMMARY In view of the public character of the men who are behind this enterprise and the record of successes attributed to them, this issue of industrial stock should appeal to every level-headed, conservative investor. Full investigation of every phase of the company's intentions and its principles is invited. It is anticipated that the present issue of $500,000 will be quickly subscribed to. Prospec tive shareholders are urged therefore to sub scribe by mail, phono or telegraph at once, or to use the attached coupon for securing fur ther Information. TUESDAY EVENING, accommodations equal, and In some respects superior to those abroad. Amercian tonnage clearing in qver seas trade in the fiscal year 1919 was six times greater than in 1914." Would Develop the Pacific Coast Naval Shore Establishment Wnshington, D. C.. Dec. 9.—Devel- ] opment of Pacific Coast naval shore establishment during the next five years at a cost of $158,000,000 is rec ommended in the report of the special board headed by Rear Ad miral J. S. McKean sent last year to. check up on its previous program.. Deep water tleet bases at Bremerton. Wash., at a cost of $41,000,000. and at San Francisco, at a cost of $51,000,000, are the chief items proposed, the San I Francisco project as previously out lined by the Helm board having been increased by proposed destroyer and submarine basins. The report urged establishment within three years of the base at San ! Francisco, saying that with the | Bremerton base it would provide two ! deep-water stations for the capital •ships, the minimum required for I efficient operation of the Pacific fleet In addition, expansion of facilities at San Diego to provide a complete op erating base for southern California was recommended to include fleet supplv facilities and a repair base for the smaller ships. Advantages of this point as a base for maneuvers and target practice were emphasized. May Substitute Concrete Huts For Snow Houses ! Seattle. Dec. 9.—Eskimos of the I Pribiloff Islands may soon discard i their snow igloos for concrete huts, according to H. D. Allen of the United States Bureau of Fisheries who arrived here recently from the ! government sealing station on the j islands. Mr. Allen said the snow houses I sometimes do not stand up under the I biting winds that sweep off the Beh i ring Sea. If the Indians take kindly to the suggestion regarding their new winter homes fifty concrete huts will bo put up next year by the Govern ' ment . IFIRST TREE FOR HALL OF FAME Famous "Wye Mills Oak," Near Gaston, Maryland, Accepted Washington. Dec. 9.—Starting with the famous "Wye Mills Oak" near Easton, Maryland, the American For estry Association announces the first of a series of trees for its "Hall of Fame." This tree covers a third of an acre of ground and has a spread of 140% feet. The circumference one foot from the ground is 51% feet. The American Forestry Association is compiling a "Who's Who" of trees in America and asks that pictures and data to support the claims for recog nition be forwarded to It. Additional entries received to-day were an acacia tree by G. W. Weak ley, of Dayton. O.: an elm at Carbon dale, Pa., by E. M. Peck; an elm by Dumont Kennedy, mayor of Craw fordsville, Ind. The acacia tree entered by Mr. Wealcley is 12% feet in circumfer ence and is three feet in diameter at the ground and as in the cast of the Dayton tree, no one can be found no matter how old, who can remem ber a time when the tree was not as big as it is now. The elm at Crawfordsville has a spread of 99 feet. Make New Effort to Return Bodies of Two Former Brazilian Rulers Rio tie Janeiro, Dec. B. — A bill has ! been presented to the Chamber of Deputies proposing that the Brazil ! ian government bring back to this i country the bodies of the former 1 Emperors Pedro I. and Pedro 11., land the former Empress Leopol ! dina, now in Portugal. I Similar measures have been pre ! sented to earlier congresses, but none i received favorable action. ' . . 'C CT OUT AND MAI I,—— ' ' UNITED TIRE AND RUBBER CORP., 231 North Second St. Harrlsburg, Pa. For further particulars till in this coupon. Name. Address Town Stute HARRISBURG TELEGRAPH Says England Suffers From Low Wages London, Dec. 9.—England still is suffering from low wages, declared Lord Leverhulme, one of England's best-known manufacturers, on the eve of his departure for the United States. Lord Leverhulme has set an example to British industry by appli cation to his own business of ad vanced ideas in the relation of capital and labor. "Our wage earners have inherited ideas which low wages indicted upon them and our manufacturers have not been driven by big wages to develop lavor-saving machinery," he said. "The era of low wages has passed. If our manufacturers improve their machinery and our wage earners throw aside suspicion as a policy ruinous to their own Interests, we shall have a tremendous home mar ket in England and a bigger surplus than any other nation to send abroad to pay for our raw materials." Not only did Lord Leverhulme see no prospect that wages would fall in England, but he declared that he did not wish to see them drop, but would like to see them go bigger, provided always that production kept pace with the advance in wages. Champagne* Shippers Are Doing Business Paris, Dec. B.—Despite extraordin ary difficulties in the nfatter of labor and transportation. the Rheims champagne shippers are carrying on their business. Five freight curs of champagne were shipped last wedk to South America, and a similar quantity went to Alsace-Lorraine. TRAIN DOGS EOR RACE. The Pas, Manitoba, Dec. 9. —Ap- proximately fifty dog teams in sev eral parts of the northland are be ing trained for the 100-mile Hudson's Bay Day Derby race to be held here March 17. Now that the Nome All- Alaska Sweepstakes race has been abandoned, the Hudson's Bay con test is generally regarded as the big dog classic of the continent. Announcing a Commercial Exhibition * of Interest to Every Motorist Tuesday, Wednesday, Thursday December -9th, 1 Oth, 11 th Making United JUI Tires 231 North Second Street Harrisburg A Miniature Tire Factory in Operation We want every motorist to see the care and skill that enters into the making of UNITED "U" TIRES. The various processes are interesting and educational. Visitors to the exhibit will receive much valuable informa tion on the care of tires. It will be worth your while to stop just for these hints. United Tires From Factory to Rim Guaranteed For the Life of the Tire The finest raw materials the world's markets produce go into the making of UNITED "U" TIRES. Come in and see how skilled manipulation of this raw material produces a tire of phe nomenal mileage. Extreme resiliency is worked into the rubber, smoothness into the casing, impressiveness and quality given to the whole that makes the tire worthy of the finest cars. A Square Deal on Mileage and Adjustments 8000 Mile Adjustment Each UNITED Tire Store is a direct factory branch. These stores will make satisfactory adjustments on an 8000-mile basis which assures users of "U" Tires maximum mileage and the broadest guarantee. A factory certified guarantee backed by the h direct factory representative. Stores wherever you travel to meet * every emergency. 1 United Tire and Rubber Corporation Executive Offices Wilmington, Delaware L; A Chain of Stores United For Service 231 North Second Street, Harrisburg DECEMBER 9. 1919 11
Significant historical Pennsylvania newspapers