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W . - .V- r.r '4 ' '-f, ' -ftfe; vr .1 n -', o : . , ai, , . v. '- Vf v ', . . ' yftL,- . M BTOJMtercr. ptjbeio H r 9A Vaam in Export Banking. INTIMATE KNOWLEDGE of the needs and habits of tho people, acquired by yeara of experience and actual residence in the countries themselves, is essential when transacting busi ness abroad. ' v Oar 23 branches In South America, S offices in Europe and direct connections throughout the World round out a service broad and comprehensive in every detail. Anglo-South American tiamclimited - . New York Agfncy, 49 Broadway Head Office P. C Harding, Agent Capital and Reierra London W. M. DawWn, Sub. Agent Over $32,000,000 An Underlying Closed First Mortgage Bond to tyet 6.20 We own and offer subject to prior eale $50,000 Choctaw & Memphis Railroad Company I First Mortgage 5 londs Due January, J949 These bonds arc reported as secured upon artintegral part of the Chicago, Rock Island and Pacific Railway system by closed first lien at the rate of approximately $12,500 per mile. They arc followed by Choctaw, Oklahoma & Gulf Railroad Consolidated Mortgage G Bonds, due 1952 Price 84 and Interest to Net About 6.20 Full particulars on application HARRISON & CO. BANKERS 106 SOUTH FOURTH STREET Mtmbtrt New York and Philadelphia Stock Exchangc$ French Government Bonds The present value of the franc in relation to our dol lar permits the American investor to purchase the French government Bonds on a basis that would show an exceedingly attractive profit with the return ! bi French Exchange to par. f We have prepared a circular describing three such is- Osues which' we shall be glad to furnish on request. This circular' includes the French Reconstruction Loan of 1920, which is redeemable in 60 years by scmi-annuai drawings at 150. A purchase can be made of 10,000 franc 4s of 1917 for about $540 10,000 " Ss Victory" " 660 10,000 " Ssof 1920 " " 710 For particular send for Circular No. E-GZ, Chandler & Company tconoftATa J Franklin Bank BIdg. I Philadelphia . . New York Baltimore New Haven Boston III Shall we mail you our Current List, describing , seven selected New England Preferred Stocks? These arc available to net 6V2 to 8 I Ask for List P. P. L. 3B7 IiollisterWhite&Co. If iNCoaeo.ATCDt llll J North American Building fj PHILADELPHIA 1111 Beaton New York SprlneUold Providence j Pay Your Income Tax at Commercial Trust Company Through the kindness of the Internul Revenue Bureau, a representative has been assigned to this Company From Marcli 4th Until March 15th J assist in making out your Income Tax Return, accept your affidavit without charge and receive payment of the ww installment of your taxes. Commercial Trust Company Member of Federal Reserve System fu -wy flail square . r ffZ'H ', ENGBNEEDED 1 gossip of the street wwmmm Growing Demand for tho Inter nal Combustion Typo in All Latin Republics EUROPEAN COMPETITION A number of intcrcstloB reports have been forwarded to the Department of Commerce from tho American consuls jn South America conccrnlng'tho grow ing lnarkotm fni ihn tntitrnnl rnmhntillnn engines. There is considerable corapo titlon between tho American and Euro pean manufacturers, which has grown moro keen since tho ending of tho war. In Argentina tho United States fur nished moro than ono-hulf of theso en gines np to tho outbreak of tho war, not both tho American and British have icit the Italian competition. The pale of Italian engines has grown rapidly, while tho sales of tho American and British engines have declined. Germany was not on important competitor, al though well represented in the market. About 05 per cent of tho motor en gines used in tho district of Para, Brazil, arc of American manufacture. The farmers of this district oro as yet not far enough ndvanccd to make ex tensive uso of machinery, and tho heavy rainfall makes irrigation unnecessary, but there is a growing demand for inter nal combustion engines of cight-horso-power and up in lighting plants. There is a fair market for tho same engine in tho northern part of Chile, but only a limited one in the central and southern part, where electricity is now largely used for power, ns well as for lighting by hydroelectric plants. The total vnluo of motors imported into Chile during tho year 1017 was $125,382, of which $80,701 camo from the United States. $10,528 from Great Britain, $13,810 from Argentina, prob ably reshipment of goods, and $7544 from France. Tho demand for internal combustion engines in Colombia is small, but it ghes promise of increasing soon be cause of recent oil discoveries in the country. Cngines of tho Diesel type up to 250-horscpowcr by private parties and up to 500-borscpowcr by electric light companies urc used with good results in Ecuador ns far ns burning oil is concerned. At nil the ports of tho Peruvian coast ships aro served by lighters drawn by gasoline boats, which bandlo nearly all the passenger nnd freight traffic. As .gasoline nnd kcroseno nro very expensive there is a good opportunity hero for engines burning fuel oil, or of the Diesel or seml-DIescl type. Tho present is considered by tho resident consul as a particularly good timo for activity ou tho part of American manu facturers of engines to meet theso re quirements. STEAL VICER0Y7sllAlL Armed Band, In Dublin, Seizes Let ters Belonging to Lord French Dublin; March 4. A mail van con taining letters of Viscount French, lord lieutenant of Ireland, and government officials was held up yesterday by armed men, who carried off all the mall. Tho killing of three persons in va rious parts of Ireland has been re ported in the last twenty-four hours. Tho theft of the letters has caused great excitement at military and police headquarters. All the houses in the district have been searched and numer ous arrests made, but the letters have not been discovered. Tho military and polico yesterday raided Liberty Hall, headquarters of Lnriln's transport workers; Banba Hall, headquarters of the grocers' as sistant' organization, now on strike: tho Gaelic League offices, tho rooms of tho Lcinstcr College of Irish and nu merous private houses. The principal arrest was that of William O'Brien, leader of tho transport workers. BUYS HOTEL WITH TIPS St. Louis Walter Got Part of His $100,000 Purchase Money Here St. Louis, March 4. Tips received by Louis Bock, head waiter at the Jeffer son Hotel, in twenty years passed by him as a waiter in hotels in Chicago, New York, Philadelphia and Boston, have enabled him to secure control of a $100,000 hotel in the heart of the fasnlonnblo residence section of St. Louis. Bock took charge of his property csterday and will act as manager. Bock states that tho property was pur chased with tips received from guests. "In the East," ho said, "it is cus tomary for guests of the larger hotels to pay from $5 to $10 for a tabic. Out hern it is different. A S5 or S10 tip in St. Louis is the exception and I not the rule." Bock is forty-ouc years old nud a UUllc oi Jiuugaij. im nua i'ikuivvu j curs old when he reached the United States, und since tbut time has been working au a waiter. Bock has an additional $50,000 ho says will bo spent for improvements. HALF CENTURY IN PRISON Fifty-two Years Each Sentence Im posed by N.Y. Judge Upon 2 Robbers Now York, March 4. Ramon Rodriguez nud Adriano Alvcrez Ilcrra, who beat und robbed Mr. nud MrSi A. J. IlrodcricU, of Dullns, Texas, nr tho Hotel Knickerbocker last Decern- fber, wero sentenced yesterday to bcrtc lllty-two jeurs unci six luumiiti earn nr. bard labor in stato prison. They plnad ed guilty, .ludge Mclntyro said he wished ho could iruposo the death pen alty. Mr. Broderick wus struck on the head with a hammer and Mrs. Broderick was bound and gagged in their suite. Then the burglars stole $30,000 in jewelry and cash and were captured after try Ing to escape by climbing down the front of the hotel. TAX RATE CLOSE TO $4 School Budgets and Other Increases to Hit Gloucester Districts Swcdtsboro. N. J., March 4. With an advance of thirty -five points in tho Gloucester county tax rate oer that of last year, districts face almost ex orbitant tax rates for tho current year. In most instances municipal and town ship taxes bavo climbed, and nearly every district bos made a heavy in crease in its school budget. The state taxes will also be higher, with the ex ception of tho school tax, which drops one cent, being twenty-six cents on the $100 valuation for this year. Gloucester county's tax rato, as an nounced by the county board of taxa tion, will bo $1.07, as against seventy, two cents for last year. In faco of tho Increases in the various rates, a number of communities will have tax rates ap preaching the $1 mwkoii the ?100 rojtf -tbIuiUob forioao, , . HIGH MONEY RATES WET BLANKET ON BOND MARKET m Extreme Difficulty Encountered in Efforts to Popularize Foreign Bonds With Investing Public INQUIRY among the bond bouses in dicates thnt business is not quite up to tho mark. Some of thn enncrmn selling foreign bond, issues claim to be doing a nico business in these securi ties. Recently, there has been a re ivnl of interest in Gcrmnn'cltlcs bonds, (specially Hamburg bonds. A banker,- when discussing this phaso of the 'bond business, said that pcrbqps many of those buying Ger man bonds would bo surprised at a paragraph which appeared quite re cently in tho Magazino of Wall Street, stating that a bill ha been passed by tho German lcgislatlvo bodtf whereby in tcrcst receivable tiom securities held by foreigners residing outside of the Ucr man republic is subject to a tax of 10 per cent. Somo of tbo bond houses handling municipal issues report an increase in tho number of inquiries recently for this class of security, especially those that arc tax free in this state, but as one bond broker remarked, Inquiries are not sales, though they often result in such. The local representative of a large financial concern said he did not look for much improvement in the bond busi ness till money is easier and said be looked for a revival shortly atter the Uilddlc of the present month, when the government will turn the cuormoui re eclpts from taxes Into now chauueK There are n few noud brokers who say that in their opinion Liberty Uouds vlll seek a still lower lccl thnn they have now readied. iThoy give ns a uason for these conclusions that some corporations holding largu quantities of these bonds will convert; them into cosh to pay taxes, nud to do so will be willing to take the loss which they can include in their tax statements. A banker said bo docs not anticipate any heavy selling of Liberty Bond hold ings by corporations. Many of these concerns, ho remarked, took advantage of tho opportunity to buy certificates of indebtedness, which gnvc them a higher interest return, nnd which can now bd turned over om so much cash to liquidate their taxes. There is a decided difference of opiu lon on tho subject of foreign bond issues In hn financial district, many holding to tho opinion that they aro unpopular liero nnu tno pumic cannor. up maac 10 take an interest in them, the others saying that the failure to populsritc them is the result of lack of co-ordination on tho part of the arIous con cerns having them for sale and the lack of a strong campaign of education. TIii KPntnr member of a well-known firm of bankers and brokers wus giving n recent experience he nna wun Limcriy Bonds .... , Iu a transaction in which be took over $55,000 in Liberty Bonds, he sa id when be paid two small profits to mid dlemen, which amounted to a cry small sum, his firm had the responsibility of carrying tho bonds iu transit, Which occupied three days, sending them under guard to tho bank, paying the trans portation and insurance, all to make a profit of $8.80. Htf said if he had been in the meat business nnd had invested $50,000 in beet his profit, judging by present prices, would have been $2o,000. Need of Calling Bank Loans Everyone is blaming tight money for present conditions in tbo stock nnd security market. A broker said he is in doubt as to whether the banks all over the country aro putting tho screws on the specula tors in commodities as they should to compel them to pay up or sell the enor mous quantities which it is eaid are stored unwherevcr storage now can be found. He Bhowcd a report concerning tho banks in New York state in which it was asserted that for the last week more than ncvcnty banks had reduced t,u lnnn hv some S70.000: but the report said that about 700 otiier bank i,.,.i in thn ,.nmi time increased their loans by a very much larger umoiirit. lb is fair, lie said, to concmuu mai mm it port ghes a general idea of conditions nil over the country und emphasizes the need for a vigorous1 colling iu of more of theso loans. ber of Commcrco would seem to be the proper medium for capitalizing the slogan, 'Ship via Pennsylvania's port.' ' Optimism Regarding Future Charles H. Sabin, president of the Guaranty Trust Co. pi New York, in nn interview with a representative of Dow, Jones & Co., takes a most op timistic view of tho future. Mr. Sabin bases bis opinion on tbo economic con ditions of tho country, which,, be says, aro sound and should remain sound. At the same timo ho recommends caution. "Tho United States,'- says Mr. Sa bin, "is tbo most solvent and greatest going concern in the world or the world's history." JIo sees a more ncuto situation dur ing March, in tho matter of credits, arising from the return of the railroads, which will need largo financial assist ance ; the maturity of a large vplum of mprtgages, payment of income and excess-profits taxes, building nnd agri cultural needs. Mr. Sabin concludes by saying; "The demand for our products is greater than wo have ever experienced, and the future indicates that very good results will be obtained during the year." N. Y. HAS POLICE SCANDAL Upheaval Expected Following In dictment of Detective for 'Extortion Now York, March 1. Startling reve lations as to thn- police department were predicted at the district attornej's office after John J. Gunson, a police de tective, hod b. m indicted ou charges of bribery nnd extortion. Three wom en testified before the grand Jury against hlra. Further indictments against members of the police force were forecast, and it was said disclosures would result in the greatest upheaval in the department since the Becker case. Rebecca Mclyado, one of the wit SrSSTn' ,testlficd she had paid a detective $5000 in three yenra and ghcti him presents. She posed as his sister and assisted him in arresting other girls who refused to pay detectives. Her testimony was corroborated. Rose Gonzales testified she had been arrested ten times in two jear.s and not convicted once. She hod been in formcU that if she retained a certain lawyer, sho said, the detectives would change their testimony. The lawyer's ranged irom $300 to $300, she .fees said. GunSOn nlp.-lrlprl not c-nlU,- ( lt, In. dictment when arraigned before Judge James T. Malone in General Sosslons 9?.' yesterday and was released in $5000 bail. $1,800,000 THE D. B. MARTIN COMPANY of Pennsylvania vFirt Mortgage 6 Sinking Fund Gold 3onds Dated January 1, 1920 Due January 1, 193S Interest Payable January 1st and July 1st Thp Company covenants to pay the Normal Federal Income Tax up to 2rc Free of Pennsylvania Four Mills Tax . Tax Refund in Maryland Coupon bonds in the denomination of $1,000, registerable as to principal Callable as a whole at 105 and accrued interest, or for tile Sinking Fund at 102': and accrued interest. Fidelity Trust Co., Philadelphia, Trustee Authorized, $2,000,000 Issued, $1,500,000 We aumraarfce as follows from the within letter of Mr. J. J. Martin, President of the Company, and the report of Messrs. Ernst & Ernst, Certified Public Accountants: Company -The D. B. Martin Company of Pennsylvania is an amalgamation of the old D. B. Martin Company of Delaware, with its subsidiary companies, and the General Manufacturing Company, all of which companies have been In successful operation for many years and are engaged in slaughtering and the dressing of meats and manufacturing the by-products. Purpose of the I88UC To pay off existing mortgages, finance completed new con struction and to provide working capital. SecurityThe bonds will be secured by a first mortgage on all the real estate and plants now owned by the Company in fee, or hereafter acqutred by the proceeds of these bonds, and by the pledge of stock of certain subsidiary companies. Land, buildings and equipment (book value) lets depreciation. Stock of subsidiary companies .(book value) A banker said thero is, in addition to these outstanding loans on commodities, another source whicU.is responsible for tho shortago In money. He said he had asked a largo manufacturer if he had stocked up on raw materials any heavier than usual; and tho manufac turer said he certainly had, as he an ticipated: in fact, be had orders on hand which would keep his plant buby for months to come. ...... This banker said he had no doubt that practically every manufacturer who had orders on hand has done tho same thing nnd has borrowed from his DanU to pay I for this material. He sniu nc nail ' ,, positive information tnat tne uign prices had hcriously affected somo well known Industries, as people wen1 re fusing to pay the prices demanded and were doing without the commodities. Ho mentioned one largo well-known manufacturing plant in this city which, bo fcaid, is runuing at present ou hall time. 112 VERMONT TOWNS WET Largest Previous Dry Defeat Was In 1903 Rutland, Vt., March 4. Complete returns from eleven out of the fourteen counties in this state, on the result of Tuesday's town meetings, showed that 112 towns had voted "wet," the high est number in the history of the state. The three missing counties arc Essex. Grand Isle and Orleans, where no towns had reported , Tho largest wet vote heretofore was in 1003. the first year of local option, when ninety-two of the 248 towns in the state voted for license. The iie.t'l year tne number dropped to forty nud dwindled steadily in succeeding jeurs to about twelve in 1018, when the total jumped again to thirty last year. The vote, of course, 1b merely an ex pression of sentiment because of the operation of the federal prohibition amendment. SUFFRAGE FOR BELGIUM Chamber Grants Eaual Rlahts to f Women Above 21; Liberals Outvoted Lonilun March t The Belgian Chamber has dtcd in fuor of op for wonieu twenty-one jenn, of ugc. as well as men, iu lommunal clutioiis, sujK the Brussels correspondent of the London Times. All the Catholic mem bers voted for the measure, and nil the Literals, except Paul Hymaus, foreign minister, and Burgomaster Max, against it, while tho Socialists were divided be tween their general principle of equality and fear of religious influence. The Liberals considered that women are not yet ready for tho vote. $2,768,589.36 562,644.79 . $3,331,234.15 An appraisal made for us by the Manufacturers' Appraisal Company values the Com pany's" land, buildings and equipment (depreciated valuation) at about $1,000,000 more than as shown on the Company's balance sheet. Earnings Average net earnings, after depreciation, and available for interest and federal taxes, of the combined companies, for the last five years, were $548,555, or six times the interest charges on these bonds. For 1919, the Company reports $442,535.92, or about five times. Sinking Fund A fixed annual sinking fund of $120,000, operating semi-annually, beginning June 1st, 1922, will be paid over to the Trustee. Bonds must be drawn by lot and calledat 102i and accrued interest, if not purchasable in the open mar ket below that figure. The operation of the Sinking Fund will retire the entire ibsuc by maturity. Should the remaining $500,000 be issued, the Sinking Fund will be proportionately increased. Restrictions of Issue the remaining $500,000 bonds may only be issued for cash at par for 75c'0 of the cost of permanent improvements or new property, and then only when net earnings applicable to interest for the twelve months preceding have been at least three times the annual interest charges on all bonds outstand ing and those to be issued. Legality The legalities in connection with the issuance of these bonds and the organization of the Company will be approved by Messrs. . Morgan, Lewis & Bockius for the Bankers and by Frank R. Donahue, Esq., for the Company. We offer the above bond, when, as and if ittued, and subject to prior Male PRICE 95 AND ACCRUED INTEREST, TO YIELD 6.50' c Vho 6(a(ciucuia contained lit thla adtcrltacmoit have bien obtainitl iom iourcc itc rrovnl cm rclfalilc, and while we do not toarratit their accuracy, we believe than to Vc correct, urd haic retted tipou fien tu any purcftascs o icsc securities ELKINS, MORRIS & CO. Bankers Land Title Building EDWARD B. SMITH & CO. Bankers 1411 Chestnut St. Philadelphia AUTO RECEIPTS UP $1,330,1 80 Developing the Port of Philadelphia Charles S. Calwell, president of the Corn Exchange National Bank, is en titled to the thanks of his fellow-citizens tot bringing out in tho open the views of the management of the Penn sylvania Railroad Co. In a long letter from itsv president, Samuel Ren, which has already appeared in the IIvkmmi Pnnuo Lkpokh, reviewing the past present and future policy of that iom pnny toward the doclopnicut of tin port of Philadelphia, in which the Com Exchange Bank has taken such a vigor ous interest. Tho regular moutbly letter of the Corn Exchange Bank for February '2$ reproduces Mr. Rea's letter in full. In the financial district there is a difference of opinion on this letter, but tho fact that the railroad company has come out in the open in defenso of Its position is generally considered a step toward the goal which leading citizens aro aiming at to make this the leading port of tho world. One point in Mr. Ilea's letter is taken up by Mr. Calwell bh follows: "Complaint nbout the lack of sailings from Philadelphia is losing ground. During the last jenr fourteen new lines have been established at this port, with negotiations for others now going on. The problem is to link up the manu. lecturers with steamship intcJrests. The manufacturers should move first Oucc they declaro their intention of exporting from Philadelphia, the steamers should come fast enough. Naturally, tho pub licity should be directed to manufac turers iu towns where the freight dif ferential is favornble to Philadelphia and not confine the propaganda to Phil adelphia aloue. Build up u freight nu cleus by organized publicity directed to the sources of freight. "Tho shipping interests oi urn crfy aro no less concerned than the commercial interest! in carrying out a vigorous campaign along these lines. Such a campaign organized under the auspices of the ihlpplsc JsUcMtt aaa wo Cham- Nearly 40,000 More Machines Regis tered In Flrot Two Months llarrlsburgK March 4 Receipts of 19-0 automobile registration ImriMii for the first twon months of I "CO were $4,391,2(111 or Sl.ti.10.1S0 I ihiT (huu in the himilar peilod of lust cur. when .ill records were broken, according to a rcpint t.eut to thn Highway Department Mstcrln. To Mai eh t there Intel been 2S11.0US licences issued for 1920 to pneumatic tired machines and 117,10.") to bohd tired- chicles. Tho pncmatic-tlred machines li reuses so far in 1020 number almost ."0,000 more than last j car's first two months, and tbero was a gain of more than 0000 in solld-tlred machines. MINISTERIAL TESTS HELD Exceptionally Large Class Seeking License in Evangelical Church AN illUmsport, Pa., March I. 'I hue will be uo shortage of pieachers hi thj . 1 I- . II . .! t l...lul ,i.iihi-ii i.vuuiicucui c uurtn, jnuging trom tuc nuuiner or roung men wno arc taking the examination for license to preach, at the annual session of the Cen tral Pennsylvania Conference, which opened here yesterday. The applicants include Myrou Tetter, Mjerstowu: John G. Raftenspergcr, Keiwick; Wnlter T. Crew and Nelson Winter. Baltimore; B. V. Parlej, Al toona, Dado Keitz, llari) Slicelj. II W. Bircher, all of Newiille; Millard K. Iit, llcllem: Gordon Uuigctt, Car lisle: Dorr Stock, Wajlaud. N. .: Lewis Marklej, Lcraojne; Jacob Zang, Willlamsport ; Riisscl'Goodhcart, Mill heiui, nud C. II. Rattles, Ncscopeck. SHOTS HALT BROOKLYN CAR Young Wild Weat Bandit's "Blanks" Failed When Officer Appeared New York, March 4. Armed with an old fashioned pistol and blank car trdiges, Tony Dladota, 1 1 years old Is alleged by the police to have trcuted Rrookbn last night to a trollej tar "hold-up" In true Wild West style. The youngster, according to the police, stopped the street car by firing three shots. Tbo passengers were pnnlcstrlcken when the bo leaped out of the darkness into the light waving the pistol. Before be rotild clamber aboard a special otucer arrested him Tony torn tbe police that he Republic of France Progress in the recovery of France from the World War has already given fresh evidence of the characteristic itality of the French people. We are receiving subscriptions Tor account of the French Government 'to The New French Internal 5 Loan of 1920 Redeemable within 60 years by semi annual drawings beginning' September 16th, 1920 at 150 which is equivalent to 1500 francs for each 1000-franc bond Subscriptions arc payable in dollars at the rate of exchange fixed each day by the French Financial Agency in the United .Slates, which is based on the closing rate of exchunge for the previous day. This price will be announced daily in theso advertisements. Price Today $70.67 per 1000-Franc Bond At the normal rate of exchange the cost of this bond to tho American investor would bo $193 Oar interim receipts calling; for temporary bonds of the French Government will bo issued ngninst payment in full in dollars. BROWN BROTHERS & CO. Fourth and Chestnut Strpctb PHILADELPHIA Bonds of Foreign Nations Wo have prepared an Interest Ins booklet describing Internal Loans ot FRANCE BELGIUM ENGLAND 1 TALY v. li m I llil, iat.il tuJo at I. - J u uii lilail III- vitoib u imiimiuio liiullt ot I om lu't, to I'uO'j .l.i ui UooUlci L 'jo A. B. Leach & Co., Inc. Investment Bankers 115 South Fourth St WRITE FOR YOUR COPY or ouu Investors' Pocket Manual Glrlur fall liifurinutlon at uU llttrti ani unllxtru tciurltle. bfut fr. uixa rtuuett. Scott & Stump Investment Securities Muuhrrs (( n.ulldutcd Mock t.tmtiec ot New ork iTOCK EXCHANGE BLDG. rilll-MlEU-UIA Hell uiiJ liNitouo lcleubonra l.iiwrl 1'rrpai-ullon und ltelrw nf Income Tax Returns BENJAMIN ROBIN h'vr j c uii tl ,r li I ( uiiaiilllnir rt ouiitutit '-','.? V0,KJ" VMI.HICW III II DIM. Itloaj Ulda rroulu Ulriv Wanli.P C .cui lurli, .V 1 meant no hr. MARWICK, MITCHELL & CO. ACCOUNTANTS AND AUDITORS announce that they have admitted Mr. Norman G. Chambers, C. P. A., to partnership in their firm. Mr. Chambers will be in charge of and devote all his time to the special department that the firm main tains for the handling of the Federal Tax matters of its clients. 1421 Chestnut Street Philadelphia Wc OITcr $10,000 J .Tunncy & tturrough I First Sinking Fund (is Dm- No. i. mail, .i on a QJZ'i Ua.sij, t Isaac Starr, Jr. & Co. 'It AUinlirrj N. V, A I'IiIIh. Mu.k l' & Utli unit I lirxliiiit bis. 4 rtiiriuc iiaau 3 .1 i WANTED Young man ai title officer by an up-to-date trut company mutt be ex perienced and competent; flrtt-clati reference roquircd. . A 415. LEDGER OFFICE lllitUHtlm C nil I t uiniHinr Inl Mtvr Irrw I rl4k (oniiiuiijr nrK( )ilM Kq.Ut Ult) lilllllllllutlna llu f,t NnniHi l'H.kMier l(i.lliu. Ncrautou KlrfltTc- ComiMJir Niilra ' lain IMMmIowi. i Millow Clro.J lr. i,t li ill, llVdilo Central Oil A Bennln Co..,!; 5(3, Saraucl K. Phillipa & C, fl, IPSO !' i tffi S m .k vi r 4 i,A , 'TV-AM '"ir i vvi vmuwvi 8T, 'A . 1 J t t i&tWk'-VW. 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