Republican news item. (Laport, Pa.) 1896-19??, September 20, 1912, Image 5

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    LESSON OF INTEREST
FIGURES THAT ARE CALCULATED
TO STAGGER IMAGINATION.
What Old King Midas Might Have Ac
cumulated Starting With the Mod
est Saving of Ten Cents
a Week.
Why didn't King Midas, tlio~- gold
lover, try to save ton cents a week?
says the Chicago Tribune. He could
have given the world a wonderful ex
ample of the value of the saving hab
it. Besides, he would have loft money
for the members of his family alive
today. Midas was one of the kings
of Phrygla. As the Phrygian line was
wiped out by the Cimmerians about
670 D. C., we may assume he lived
about 800 B. C., or at least 2,711 years
ago.
If King Midas had started in sav
ing ten cents a week he would have
saved a dime, therefore, on each of
the 140,870 weeks. This would make
him the neat little sum of $14,007.20.
Although not a fortune in these days,
$14,097.20 is quite a fair sum to save
by giving up one cigar a week. But
there is more to follow.
In those days of political upheaval
and commercial uncertainty, capital
was entitled to a bigger return on
its investment than it would be today.
The risk was much greater. Though
we have no actual records of Phryg
ian rates of usury, it is fair to assume
that tho Midas' account drew ten per
cent, interest compounded annually
for at least the fust 2,000 years, or un
til the commercial world had reached
a comparatively recent, stage of de
velopment.
Beginning, therefore, 800 years be
fore Christ, Midas put into his savings
ten cents every week. At the end
of the first ten weeks he had a dollar.
The interest on one dollar for one
year is not great, even at ten per
cent., but it adds another dime to the
ten already saved. At the end of the
second year there is something more
than two dimes to be added.
At the end of the first hundred
years the accumulation on the first
dollar, at ten per cent, compounded,
would be $13,780.00. Thus Midas, in
the year 700 13. C. would have had
$13,780.60, resulting from his first ten
weeks' savings. The compounding
goes on through the next century so
that at the end of 200 years, in the
year 600 B. C., Midas would have had
$189,900,590.04 from his first dollar.
At the end of the next hundred
years, or in 500 B. C., the results from
those first ten dimes put away would
bo $2,619,038,149,100.33. Continuing
this compounding through the follow
ing 2,411 years it is not a complicated
mathematical problem to arrive at the
sum Midas would have today from his
first one dollar saved.
Remember, moreover, this sum,
which would be up among tho un
countable trillions of dollars, would
represent the increment of only one
dollar put away by Midas. Midas him
self, busily saving dimes, would have
started a new series of dollar pyra
mids every ten weeks. At the end of
the first year's saving he would have
started five, and a half of these stu
pendous fortunes. To compare any
one of these with the $14,097.20 he
would have saved if he had received
no interest, certainly represents the
interest habit in a favorable light.
Tribute to the Onion.
the onion and you leave n gap
Jn the universe. Kill anything else
and there is a substitute. The potato
is akin to the cereals, squash and cab
bage and turnips and cauliflowers are
of the same family, beans are elong
ated peas, the lemon is a pessismistic
orange, beef reincarnated grass, wa
termelons just the survivor of a very
fit cucumber, and so on. But the onion
Is sui generis, alone, unique, trium
phant. It is a special creation to
tempt the palate of a weary world.
It proves the futility of man's wisdom.
He might have guessed at everything
else under tho sun, but ho would have
never guessed an onion. Science may
deduce a new star beforo it becomes
visible, or radium beforo its discov
ery, but this succulent, fragrant, star
ry vegetable would have gone unin
vented forever, had not its own insin
uating, yet not bashful qualities forced
themselves into tear-brimnied eyes
and liquescent anticipatory lips. With
what a mixture of gratitude and awe
should we view the spectacle of na
ture turning her enrgies to the trans
muting of mere clay into a vegetable
with an artistic temperament.
American Architecture.
"There is an American architec
ture," 6aid tho traveler, "but not
many Americans will believe it until
they havo taken a course in moving
picture shows in foreign countries.
That was what convinced me. Owing
to ignorance of foreign languages we
sought most of our dramatic enter
tainment in Europe from the cinema
tograph. No matter where we went
one-half the pictures were American.
Sometimes they were so labeled, some- ;
times not, but whether they were or
not we soon learned to tell American
pictures by the architecture. Sky
scrapers, of course, were the chief
distinguishing mark, but high-stooped
stone houses and frame cottages with
two or three wooden steps leading up
to a porch were just as unmistakably
American. All the way from Inver
ness to Cairo the minute we set eyes
on one of those houses we knew we
were looking at something that
couldnt be duplicated outside the
United States, and all the rest of the
)*udl«&o« knew it, too." . .
MADE HIM EARN CHERRY PIE
Resourceful and Independent Daugh
ter Gave Old Eph Just the Lesson
He Needed.
Eph Wasson did not believe in the
sweetness of bread ean.cd by the
sweat of the brow—at least, not by
tho sweat of his own brow. So Mandy,
his wife, like many another industri
ous colored woman, not only took in
washing to pay for the groceries, but
chopped her own wood, built the fires,
and waited on Eph besides.
But there was a change when their
daughter Clarissa came home. "Clar,"
who was an expert cook, had gone
to school and become a teacher, and
had acquired an independent spirit.
She quickly took in the domestic sit
uation.
Now all the spring Eph had watch-,
ed the cherry tree in his back yard
with a watering mouth. If there was
one thing that Eph liked more than
another it was cherry pie; and Clar
was famous for her cherry pie. As
good luck would have it, she had come
home just as the cherries were ripe.
"Clar, honey," said Eph, in a wheed
ling tone, the morning after her ar
rival, "won't you cook yo' ole daddy
a cherry pie?"
"Very well," said Clar, and Eph shuf
fled off happily to his usual loafing
place.
"Law, honey," said Mandy, when
Clar started to make the pie, "dar
ain't enough wood. Yo' mammy'll have
to get some."
"Not a stick!" ordered Clar, em
phatically.
Moreover, there was no sugar, and
only a half-cup of ilour. However,
that did not disturb Clar. She pick
ed a pint of cherries, put them in a
pan, and poured over them the pint
of flour stirred in water. This mix
ture she putin the oven and lighted
the only two sticks of wood in the
house.
At noon Eph came in with eager
anticipation, and sitting down at the
table, called for his pie. Clar set it
before him. He rolled his eyes at
the mess In astonishment. It was a
queer-looking pie; still Clar was al
ways learning something new. He cut
into it and took a big mouthful.
"Why," he exclaimed, done for
got to put the sugar in!"
"No," said the daughter. "You for
got to get it."
"'Tain't half done!" ho grumbled,
with the sour, clammy mixture stick
ing to his teeth.
"It cooked as long as the wood last
ed," said Clar, unconcernedly.
"And I ain't had a cherry pie for
more'n two years," Eph said, pushing
the plate back and shaking his head
mournfully.
"When you get something to make
it with and something to cook it with,
I'll bake you a cherry pie," said Clar.
"Huh!" grumbled Eph) in disgust.
"If l's got to work for a cherry pie,
I'd ruther have greens."
"All right," said Clar. "The greens
are out in the pasture; go eat 'em."
But the next day there were wood
and flour and sugar in the house in
time for a cherry pie. After missing
three regular meals, Eph had conclud
ed that victuals of any sort were worth
working for —if he could not get them
in any other way.—Youth's Comi>an
ion.
Artificial Rubber Factory.
A factory to produce artificial rub
ber has been established at Yumiden,
the port at the mouth of the North
Sea canal. It is said that the com
pany instituting this factory has suc
ceeded in producing a substance hav
ing the qualities of rubber and also
certain special advantages over gen
uine rubber. The process is a secret,
but the principal ingredient of the
product is said to be fresh sea fish,
which are brought to Ymuiden in vast
quantities by the Dutch fishing fleets.
According to report 15 to 16 per cent
of natural rubber is added to the fish,
nnd the result is a substance as flex
ible and elastic as rubber, but much
cheaper—about as 1.25 to 8 in price,
compared with renl rubber. The low
price of this product will be caused
partly by the by-products which are
possible, for it is said that much al
bumen will be made from the fish and
that half of the factory is arranged for
the manufacture of guano. It is stal
ed that this artificial rubber can be
vulcanized in a short time; that it is
benzine proof and can resist the effect
of heat. At first sight the substance
much resembles real rubber. A slight
ly fishy smell betrays the chief ingre
dient, but it is explained that this will
bo prevented by extracting tho fat of
tho fish.
Predicted 1912 as "Black Year."
Astrology is the pseudo science
which essays to foretell future events
by studying the position of the stars
and ascertaining what their influence
may bo on human destiny. The Chi
nese, the Egyptians, the Chaldeans, the
Romans, and most other nncient na
tions were implicit believers in astrol
ogy, as were the later Jews, the
Arams, with other Mohammedan races t
and tho Christians in mediaeval Eu
rope. So we see that the science has
a long nnd honorable record behind it.
: "Young Moore," tho British astrologer,
predicted long ago the social nnd po
litical troubles of recent days. He
' wrote of 1912 as the "black year," and
tells us how it is done. He says:
"Genuine astrological horoscopes and
; forecasts are based exclusively upon
exact astronomical and matheinatic
calculations, nnd the trnlned scien
tific astrologer will calculate the past
or future of any person by the same
methods that the astronomer employs
to calculate the return of a comet,
the new and full moon, eclipses, high
and low tides, weather changes, and
other natural phenomena.'*
/& WANTED-A RID'ER AGENT
If l iJ[ IN EACH TOWN and district torlde and exhibit a sample Latest Model
ft - if. I "Ranger" bicycle furnished by us. Our agents every where are making
f.Jirv money fast.. Write for full particular! and tpcua! ollrr at once.
£/ j\ '. .""Ifo WO MONEY REQUIRED until you receive and approve of your
/./ a\Ml\ I'M* bicycle. Wo ship to anyone anywhere in the TT. S. without a ,tm depo.li
H fVXm advance. /.r,/i a ,/ re i*Ai. ami allow TEN DAYS' FREE TRIAL during
112 ! I , ira\ If/VI yj li,h time JOU niayride the bicyclonnd put it to any test, you wish.
I , ,fi; tw\ FiliiVli If veil aro then not perfectly .satisfied or (io not visit to keep the
r \ M lfti\ ['(■<'i'VQ cycle ship it imck t<\us at our expense and von will not be out one (cnt,
112 iJr%\ : Ji, Yj FACTORY PRIfcFS furnish the highest grade bicycles it is
t . j /liA) II Vvia , ~ * possll.io to make at one small profit, above
u «c y i !' iI, r P. factory Cost. lon save ?lrt to 925 middlemen's profits by l>uy-
S ,' , c L'i£ ll,o manufacturer's guarantee behind your
1 " ' /K IliSftH " B y< V,l DO NOT auY !l bicycle or a pair of tires from an,on, at an,
■ ■ fftw RV ilf un "l you recetvo our catalogues ami leant our unheard of /acton
■ a,l d rimarkable special offers t<> rider agents.
IV i / 'if W* ou WILL BE ASTONISHED SSSSSfLtIT
%\ !if \tl 'X 1 ' «•»" yrfu til In y«'«r. Wo Mil tlio highest g ratio tricycle* for
I J" nirvrt r- n£nT£!iiV ,ml,Rny ot, !f r V. on,vratlsil.d with s|.u) „r„iitul,.,vo factory «-oHt.
I JC/firilrrs iIiUmI CUU ° under your own nuino plate at clou Irio our prices,
Hflfa)> oiCVCLES. We <Io not roeularly lmncllo worn! lian<l tricyolo*. !»ut usually liavo
mnrrin.. 'Vmn'Su ♦ "ii .'V » >y ""I I Y 1 ? il > tores * wockur out promptly at prlcea
tr« m»3 t-- - 801 SflO.• 1>«- _rlptivo Imrpntn lists mailed 1 tcm*.
0 £l A s \ cR-BfffiKLS.
" w w w ■** Ba M v j equipment of ull klnddat hulftha regular retail priceSl
3 & HetSgetliora Puncture-Proof S, M 80
11 j Self-healiagTifes Ok
will sell you a ta-nflr i-airfursi.SO(cash mitl>nrJ*r $ 1 v
NGSfiGBETROUBLEFRCMPUHCTURES [( / / / /
NAILS, T/«cks, or Clar.s will not let the air out, t f;y . . 7 . j£skf / / ( j
oiEawraßKroiwr i..I / y
ridintr. vory durable and lined inside withv /
Si special <jualil.v r of rulibrr, which never i»r-\. . ' , v . v /
comes porous and which closes up small
liunctun's without alio wins' the air to escape. J JK
We have liundreds of letters from satisfied customers g ill thickrubbertread
statintrthat. their tin sha veonly heen punnx'd UP once PUiicturestrip«"B"
or twice in a whole season. They H ,112
an ordinary tire, tho puncture resisting qualities heintr " to prevent rim cutting. This
Kiven by several layers of thin, specially prepared v tiro will outlast any other
fabricoll tho tread. Tho regular price of these tires la make—-SOFT, ELASTIC and
is SIO.OO per pair, but for advertising purposes wo are
u EASY RIDING.
makintr a special factory price to tho rider of ohla* JI. SO per pnir. All orders sli!pped\amo
day letter is received. Wo shin C. O I), on approval. Vou do not iiay a cent until\ou
have examined and found them strictly as represented.
umt'u 'nol\'^a n ? a ? h d ' sco, '" t or r ! l" r « nt (tUorehy maklnK the price $4.55 per pntr) 1 112 ymi wnd FULL CASH
WITH OHUtH mi.t enclose this nitvertlsement. run no risk 111 sending nn an order the nmv Ihi
returne<l nt OUR exin-nso If for liny reason they are not satisfactory nn exiiinlniitlon. We are perfectly reliable
yon ;^^n^rk T ;w^? , |!^.!lr3? ,C,O ,OU W '" «' vo u " y "" r " rUtT - »'»»'*
lif YQ&f /|££o TlftiiS 'ruVure e'r'o, .rTir "o"" v n l l,tn 7°" w "" 1 tnr «palr of n«l K cthorn
J. L. HEAG CYCLE COHPANY, CKIC&BO.ILL.
'
INDICTMENTS AGAINST
BAYLESS AND HAMLIN
Potter County Grand Jury
Returns True Bill in Austin
Dam Case
Coiulrrsport, I'M., Sept. 1-1. An
echo of 11n* Austin disaster WMS
lifMrd this wock when Ihe
I'olter county rimikl jury returned
tine i.ills in two euses Mgainst
t", Hii vless, N. llmnlin
and M. ('• liailey, eharging (item
wiih voluntary inansln.ii};liter. Two
other eases, in which tlie same
I charge is made, are now awniting
'trial in the Tioga county court,
having heen transferred from Pot
ter county l>y ordei of tlie Supremo
! court on petition of the defendants.
A Distinction With a Difference
YOU may not always get what you pay for.
It takes a Rood judge of values to do that,
but if there is one sure rule in business it
is—you pay for all you get. You may not be
able to see the difference between engines of
similar appearance at different prices, but if
you buy from a reputable firm you may be sure
the difference in quality is there.
IH C Oil and Gasoline Engines
cost more than some others because they are
more carefully made, and more thoroughly
tested. Skillful designing, better material,
better workmanship, more careful assembling,
and more thorough testing, tell in the long
run. Given equal care anIHC engine costs
less per year of service than any other engine
you can buy. If an IH C engine is given all
the work it will do, pumping, sawing wood,
running the grindstone, feed grinder, hay press,
silage cutter, repair shop machines, cream j
separator, churn, washing machine, etc., etc.,
it will pay for itself in a very short time in
money and labor saved. j
I H C engines are made in every style— i
horizontal, vertical, air and water-cooled, j
stationary, portable and mounted on skids, to
operate on gas, gasoline, kerosene, naphtha, dis
tillate or alcohol, in sizes from 1 to 50 H. P.
Kerosene-gasoline tractors, 12, 15, 20, 25 and
45-H P.
The I II C local dealer will give you cata
logues and full information, or write
International Harvester Company of America
I i (Incorporated)
FJmira N. Y. Mjfo
I H C Service Bureau
I'll.' pirposn of this Bureau if to furnish, free (wj^nL
of « i" ill. tli" best information obtainable , , tf/cfh
>ii I. it.-.- I h'ii.iiic if you have any worthy ques- 'KWfJjjf
ii .'is t- >ii" • nij ..nils, crops, land drainage, irrl-
I i I 'mi. i. I : :i/- s. I - . ni.iUe your Inquiries specific MWSsmfJ/
tlii in "i Bureau, Harvester
j — SB
i Panther Throws Suburb ot
112 Altoona in State of Terror
Altoona, Pa., Kept. 7.—People
living in the vicinity of Kidorado.
a suhuilr, have heen in M slate ol
1 terror for tile last week, because ol
s the pi'escncc of a panther,
'j <'harles CHair and Harry Lynn
''and Emory Kichern, hoys, were
! returning from a ■, isit to the Luthei
1 | farm along Sugar run and were fo!-
' lowed for over a mile hy the ani
': mal. When it came within a few
' i yards of I hem they look to their
Cjiieels.
ij Some of (ho farmers are afraid
"i to vent ure out at night. Local
hunters are organizing a party to
■ make a search for the creature.
Their Good
Excuse
"I've heard that the Mathesons are
going to give a large card party next
week Friday," remarked Mrs. Allen to
her husband.
"Keen Invited?" asked Allen, not
looking up from his paper.
"No, the Invitations aren't out yet."
"Well, I suppose we'll be asked, all
right."
"Yes, that's the trouble."
"Trouble?" echoed Allen, laying
down the paper.
"Yes, trouble. You know, Tom, I
just can't bear those stiff, tiresome
parties Mrs. Matheson is always giv
ing. The last time we went to one we
both declared that we'd never goto an
other."
"It's simple enough to send regrets,
isn't it?"
"Without any reason and cause an
old friend and neighbor to be offended
for life?"
"Then send an excuse. Say that I'm
ill or that your Angora cnt. is under
the doctor's care because of an attack
of the pip."
"Don't be silly, Tom. This is a se
rious matter. The Mathesons always
know everything that goes on in this
house. How could they live right
across the street and not know wheth
er I was telling the truth or not if I
said you were ill? No, we've got to
have some real reason for declining."
"We might run out of town," sug
gested Allen. "The Ashing is fine."
"Fishing!" Mrs. Allen gave her hus
band a withering glance. "When you
feel impelled togo fishing, Tom, please
leave me at home. I've had enough of
leaky boats, wet feet and blistering
sunburn."
"Well, we might goto some other
city for a little change."
"I'm not prepared togo away from
home. My clothes aren't in order and
I have a dressmaker coming next
week. I think we'd better Just Invite
some people to dinner the evening Qf
the card party. Suppose we ask the
Doolittles?"
"Do you think," inquired Allen, "that
an evening with the Doolittles will be
any more enlivening than a party at
the Mathesons? Have I got to listen
for three hours to Dooiittle's maunder
ing talk about his one hunting expedi
tion to the Maine woods and to Mrs.
Dooiittle's bromide reminiscences of
her single trip to Paris? Why the Doo
littles, my dear?
"You know very well that we owe
them somo hospitality. I think Mrs.
Doolittle is quite Interesting and that
story Mr. Doolittle tells about the
moose he missed is really exciting."
"Yes, the first twenty times you hear
it. After two dozen repetitions my hair
has ceased to stand on end at the crit
ical moments."
"Well, anyway, I like them."
"No accounting for taßtes, my dear.
If asking the Doolittles to dinner will
satisfy a soul craving of yours, ask
them by all means. Never Vnind me."
"Don't be ridiculous, Tom. You
know I'm not crazy over them, but as
long as we have to have some one, I
think we may as well have them."
"Oh, very well," replied Allen.
When he left the house a few min
utes later he dropped a note of invi
tation into the nearest post box and
grinned.
Three days later he asked his wife:
"Ave the Doolittles coming?"
"Yes, Airs. Doolittle telephoned an
enthusiastic acceptance. She has had
some of her Paris photographs en
larged and she's going to bring them
over to show us."
"Has Doolittle had any photographs
taken of his moose story?"
"Tom, you ought to be ashamed."
"I am, my dear; but I'd rather be
ashamed than hear that story again.
By the way, did you remember to
send your regrets to Mrs. Matheson?"
"No."
"Why not?"
"Well, it's awfully strange, Tom, and
I can't understand It at all —we're not
invited by the Mathesons."
"Not Invited! And the sacrifice on
the Doolittle altar is all for nothing?"
"Hut I can't see why they didn't In
vite us." persisted Mrs. Allen.
The night of the party after the Doo
littles had taken leave, Mrs. Allen
gazed dolefully from her front win
dows. "Just look how gay it is over
there, Tom!" she said. "After our dull
evening the lights and laughter are
really alluring. It appears to be an
unusually lively affair. I honestly can
not see why we weren't asked."
"We weren't; that'B the main thing
to bo thankful for."
"I'm not a bit thankful. I'm greatly
disappointed."
"Why, I thought you never wanted
togo there again."
"I didn't, but I don't like to be left
out and you know yourself, Tom, the
Doolittles are the worst bores among
our acquaintances. I don't see why
you insisted on having them."
"Why, my dear, I never —"
"Now, don't deny it, Tom. You said
for me to have them by all means.
Those were your exact words. Look,
they've begun to dance over there.
Oh. dear, I haven't danced for an age!"
—Chicago Daily News.
Never, Never, Never.
A woman is never as old as th«
women who are jealous of her think
she looks.
Surprised.
"I wish I knew how to hill timet 1 *
"Why, I have heard you sing."
" *" )
SYDNA ALLEN ARREST FT
FOR COURT-ROOM
MURDER
Intercepted Letters to Virginia
Sweetheart Results in His
Apprehension
Pes Moines,lowa,Sept. 14-Sydna
Allen, wanted for shooting the
judge, sheriff and others in the
Virginia court-house murder, was
captured here to-day at noou and
the police expect to apprehend
Wesley Edwards here in a few
hours, as he is working near here '
on a grading gang. The arrest was
accomplished l>y intercepting letters
from Sydna Allen to his Virginia
sweetheart. The court-house murd
er shocked the whole country and
police oflicers all over the country
have hunted for the Aliens for
months.
NO TRESPASS
BE SURE TO GET
THE RIGHT KIND.
WE HAVE THEM AT
50c PER DOZEN.
THE NEWS ITEM
REPORT OF THE CONDITION OF
First National Hank of Laporte
of Lu|x>rte, In the State of Pennsylvania
at the close of business Sept. 4.1912
RESCOURCES.
Loans and Discounts 52,368 06
Overdrafts, secured and unsecured 205 83
V. S. Bonds to secure circulation 25,000 00
Primums on U. s. Bonds 292 62
Bond Securities, etc 2.970 00
Banking house, Furniture, and Fixturcs-8,448 46
Due from approved Reserve Agents 6,92919
checks and other Cash Items 5B 83
Motes of other National Banks 2,190 00
Fractional Paper Currency, Nickels aud
Cents 2789
Law ful Money Reserve in Bank, viz:
Specie 4,845 60
Legal-tender notes — 2,220 00 7,065 60
Redemption fund with U. S. Treasurer
(5 per cent circulation) 1,250 00
TOTAL 106,801 58
LIABILITIES.
Captial stock paid in —-25,000 00
Surplus func , 3,500 00
Undivided, Profits, less expenses and
Taxes paid——— 31992
National Bank Notes outstanding 28,000 00
Due to other National Banks 36 49
Individual deposits subject to check 35,398 51
Demand certificates of deposit 17,521 01
Certified ckecks 6 00
Cashier's checks outstanding 24 65
Total 106, sOl 58
State of Pennsylvania, County of Sullivan,
1. Kdward Lad lev, Cashier of the above-named
bunk, do solemnly aillrm that the above state
ment is true to the best of my knowledge aud
belief. EDWARD LADLEY, Cashier.
Subscribed and affirmed to before me this 20th
day of June, 1912-
ALBERT F. IIEESS, Prothonotory.
CORRECT ATTEST;
A. II BUSCHHAUBEN,
F. W. MEYLERT,
E. J. MULLEN.
Directors.
SUBSCRIBE NOW.
60 YEARS'
EXPERIENCE
TRADE MARKS
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scut free, oldest agency for securing patents.
Pat cuts taken through Munn A Co. receive
»pfcial notice , without ?harge, in the
Scientific American.
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year. four mont hs, 112 L Sold by all newsdealers.
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thorough examination of the
New Line of Merchandise
Now on
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?????? ? ? ?
STEP IN AND ASK
ABOUT THEM.
AH answered aft
Vernon Hull's
Large Store.
HILLSGROVE, PA.