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