Evening Star Newspaper, October 28, 1921, Page 29

. FINANCIAL. NEW YORK STOCK EXCHANGE Private Wire Direct to The Star Office. High. Received by Low. Clo Open. Adv Rumley. 184 10 0% 9% 104 | cial).—Potatoes, 1650 Ilm, 3.00a | average recelpts, 4. y pts, 0 Ajaz Rubber. 21% . 53% B3% B2% 634 | 3.50; No. 2, 100 lbs. 1758 | 1s: |Price on_record—323.60—established at - - Allled Chemical. & . 19% 19 |[226; No. 2, 1, 5. Sweets andf . ove poultry—Roosters, ' per 1b., S the local yards on July 31, 1919. Allis Chalmers. 34 | Pero Marq pf. 2% 2% 2. °s-: su No. 2, 1.00a1:50; | turk le‘"'. per 1b., 36; chickens, spring. The low price is attributed, in a large AlliR CHANiEFB DS 70 | Phillips Petroleum 2% ‘o | bu., 50al 00, Beans, bu., 1.00a1.35 l:r b., 23a25; hens, per 1b., 23a25; Keats, | measure, to the liberal marketings of Am Agr Chem. .. 32 | plerce-Arrow. 16 5% | Beets, bunch, 3ud% Brocoll, young, each, 35u60. hogs during the last ten days for fear of Ao ASE Cnm o 5% | Plarce Arrow's % sy | 230, Brussels sprouts, at. dfirium poullry—-—Fr killed -pfln: the rall strike. Quarter Am Beet Sugar 21% | Plerce Oil. 7 7% | Lapent SadCanlifiasrer. bbi X.crn:;:‘ion:rp‘r} T "-‘C.‘:h‘;fi' J of a Am Brake Shoe. 453 | Pierce Ol pf 48% 464 ‘Celery, doz., 35a7 1b., 40a45; keats, young, each, 60a75. C Am Bosch 86% | pitts Coal. 60 694 00. Cucumbers, crate, _Pork—D " ., 1213, entury 28% | Pitts Steel pf. 8% 8% | Eggplants, crate, 3.0008.00. Horse: e, pmallincE = in the 85% | Pitts & W Va. ... 24% 2% | radish. bu., 4.0044.50. Lettuce, bu., Live stock—Calves, cholce, Pl W . I 131 | Pona Creek Coul.. 1e% 1% - Foa b anlonibe ferioles, cberilbe 3 e Offer, Subject nsurance Am Chicle Co. 1538 | Bresncd steel car. 1% 61 Ltsal 90 monlone G Sl A it ! 100 i ¥ Business Am Cotton Ofl. oducers & Ref.. 21 21 5. 8 uits—Apples, per AmExprese | Eulimanco. 5l s e, B iyt SIE 2ot 1ok et ale? alS, Hiisd | to Prior Sale— Am Hide & Lea pf.- 24 | Punta Alexe s... s Zoe | bage bu. 6inTo.) Spimach, bu. 6070, lt‘rluuon g bov SUbu0b: Calltornia Congested Traffic and In- = ' 'yuash, ate, ad ‘omatoe: oranges, per crate, 50; gral . - - Amlcepf.l = T % | vasket! soui I\l%d"'urnlp; g Tous ol 7 . Potomac Electric Power Co. creasing Number of Cars - pples, packe: . eEetables—Potatoes, new, Am La France.... 70% [ 2, 4.0025.00; bu., 2.50; box ap-|per bbl, 0; per sack, H i = < < z Am Linseed. . 2 | Reading 18t pf. ... pris 2 V4100 Tbs, 2.008 | Sweet T b General and Refunding make accidents more Am Locomotive. 92% | Replogle Steel. ... A4 Cranberries, bbl., 11.00a15.00. lettuce, nearby Mortgage f ent Am Radfator. . 13}: Rep Iron & Steel. . safnl et avu.;" (arlwel:‘rg‘l.l.x\e“d York, mue,l Afi‘;, 50 ) | requent. Am Safety Rasor. . ~4%| Rep Iron & Stipf.. 8 3 1 % bes o T Gold Bonds, Series A ! S 5. ears, Pineap- 1150; cymblings, per crate, 2.00ad o onds, Series i - o - ‘Am Ship & Com. Rep Motor Truck. {5.00. “Pears, bu, 12 5.0, ) s,V . Our automobile insur- et “,1 ples, crate, $.00a8.50. |75_xln.u".: b 1. 00; © 79, ‘> 10 ) U Am Smelting pf. Selling Prices at Noon. a0 | | ance policies give abso- Am Smlt Sec A ; . o X R : | 3 253 | St Louls Southwn. Wheat—No. 1 r';-l winter, spot. no DN Diie 1941 | | lute protection, and be- Am Steel Fdy Am Sugar..... Am Sugar pf. Am Sumatra. Am Tel & Teleg . St'Louis Sown pf. . Saxon Motors. . Seaboard Alr Line. Seaboard A L pf. Sears Roebuck. Seneca Copper-. . Shattuck-Arizona. Shell Trad & Tran. Sinclalr O11. Sloss-Shefflel Southern Pacific... Southern Rallway. Southern Ry pf. .. Am Writing Pr p Anaconda. . Asso Dry Goods. Asso Dry G 1st pf. 69 3 | S50 Dry ¢ ! &3 = :::oclur{od u:lx' ‘ xfi 103 | Standard Milling. . 9 Atchison. .. 8% 85 | Stand Oil of Cal Atlantic Fru! 3% 3% | Stapd Oil of NJ Atlantic Gulf..... 31% 314 | Stand OIINJ pr. .. Xtlantic Gulf pf... 24% 2 | Stewart-Warner. Atlantic Petrol 2214 | Stromberg Carb 103 | Studebaker. ... \tlantic Ref pf. . Baldwin Loco. Balto & Ohio. Balto & Ohio pf. Barrsdall (B). Beth Steel (B) . Submarine Boat Superior Ofl. Tenn Copper Texas Company. Texas & Pacific. Taxla&Pc&o" 2 Betb Steel 8% pf i 100 267 Boath Fisheries. g 4;‘: ' ?b"“ Prod..... 6ty Bklyn Rapid Tra T i ILrnns Contl0il. .. 9% Bkiyn Rap Tr ctfs. 4+ :,1' un:on Bag & Papr. 6% Bilyn Union Gas. . 2% | Union Ol 2 Brown Shoe ‘:f uz:"'l f‘- 5 v Burns Bros on Pacific pt. . Butte Copper. . - a4 ":Hl(ed Alloy Steel Butte & Superior. . 13| United Drug 13% | United Fruit Caddo Oll. ... california Pekg. .« California Petrol. i United Retail Strs. 2% | U S Food Prod. . U S Indus Alcohol. U SRealty. . U S Rubber. Canadian Pacific Central Leathe: Central Leather pf Cerro de Pasco.... Certain-Teed. Chandler Motor. u s Steel. U S Steel pL 5% | Utah Coppe: Ches & Ohlo. ... Jtah Copper- Chi Great Westn -1 |Utah Securities 1 Chi Great W pf... 16% | Vanadium Corp... % 2% | Vivadou...... Sese 8 88 |va lrnn C oo 0al &C.. 8 Chi R1& Pacific % W;\buh pra.. Chile Copper. 12% | Western Ma Chino Copper. 3% Western Md 2d. Cluett Peabody . Western Pacific... 20 Cuca-Cola. 39 | Western Union. ... 8i% Colo Fuel 24 | Westhse Air Brke. 87 Colo & Southern Westhouse E & M. 45% Columbia Gas. sk | Wheeling & L 84 Columbia Grap} 4| Wheeling & LEpf 15% Columbia Grph pf. 1 | White Motor. 3% Cowmp Tabulator. 87% | White O1l.... 1% Cons Cigar. ... .. 2% 2% | Wickwire Spencer 10 Cons Gas of N Y... 9% 91': | Wilson Company. . 36 Cons Textile. 16% | Willys-Overland.. 6 Cont Can. . 48 | Willys-Ovld pf. ... 275 “ont Insurance... 60's 80% | Wisconsin Central 26 Corn Products. 81% 82 | Woolworth....... 120 120 Corn Products pf. . um, 107 | Worthington Pmp. 41 4% Cosden & Co. 88‘/! Wright Aero. % Crucible Steel. . ... s."»V- : ‘% S Cuban-Am Sugar.. I T Call Money..... 6 5 Cuba Cane Sugar.. Cuba Cane Su pt. Davidson Chem. Deere & Co. . High. low. Close. THE ‘EVENING STAR, WASHINGTON, D. C, FRIDAY, OCTOBER 28 1921. Grain, Produce GRAIN AND I'Iulvl'llo‘!. i{ALTl’VlORl-‘ October (Spe- red winter, spot, 0. 2 red winter, g October wheat, 1.08 November wheat, 1.081,. les—Bag lots of nearby by sam- ple. 1.05 per bushel. Corn—New yellow cob corn is quoted at 2.45a2.50 per barrel for de-| ferred shipment. Contract corn, spot, | : track corn, vellow, No. 2 or better, domestic, 62u63. Sales—None. s—No. 2 white. new. new, as to weight, white, R; quality, 8va% per bushel; ern export. spot, 85% per . no quotation Hay—Receipts bushel: is 24 tons; range | still 16.00a21.00 per ton, with very litde M| demand % | | Straw—No. 1 straight ryo, nominal; Gu.l. ). 2 straight rye, nominal; N heat, IJ 00; No. 1 oat; 14.50a CHICAGO, October foderate strength developed in the wheat mar- ket today as a result of the settle- ment _of ‘the threatened strike of railroad employes. Buying, however, = 84 a2 | 2% % H4% and offarings increased on the upturn Beurs contended that high- alues would be diflicult to attain B Opening quotatiol !varied from unchanged figur: higher, with December, and May, 1.103 to L11%. lowed by numerous changes within the initiul range. Corn and ovats paralleled the action of wheat. Corn opened % to Ly high- er; May, 53% to 53%, and later eased off somewhat Oats started % to % up, December, a38, but then underwent some- 81% | thing of a setback. 10% | Provisions were lower in line with 65% | hog: 9% nfavorable husking returns from 33% |1llinois tended to increase bullish 8 lcorn sentiment later. The close was g6 |firm. 1% to ;l‘-‘ net higher, with 7% | M % tb 21 WHEAT— Open. High TLow. Close 9% | December LT LSS Lusl Los D108 LW L1t 113% DAIRY MARKETS. BALTIMORE. October 28 kens—Alive, springe (Special) o poor and white leghorns, 18a20 21 {old hens. 22; small and white leg-! % { horns, 18a20; old roostérs, 15. Ducks. 25a28. 35a40. Geese pair, ss off, mative and nearby 50a51; southern, 48. { Butter—Creamery, fancy, ‘4!'&50 prints, 49a5 ln.urb) 46: ladie: store packed, s |firsts. dozen dairy print Del & Hudson. ... & . Del Lack & Wstn.. 107 L Dome Mines. % EW YORK, October 28 —Buttér— 4 orn Coal. 19 H eady; recceipts, 10,351 tubs; cream- bk‘:rl:exk-‘son»flrfiul pL. 15% 18% | EW ery. higher than extras. 49ad9%.: Endicott-Johnson. 6% 6o | bonds at noon: 31 creamery extras (92 score), 481 Endicott-John pf. 100% 1004 91 00 bid; second 4s, first 43¢s, | creamery firsts (88 to 91 score). E"I oy e 3 third 4%4s, |47k packing stoek. current Erle T8t pt. victory 33s. | . Erie 2d pf. . g H fresh gathered Famous Players. .. 6 i 5 L Famous Players pt 7 f Kennery Fisher Body of O pf. 68% ! fancy ‘candled selections, 9 Fisk Rubber...... Il'a {ana nearby western henne Freeport Texas. 0 wi Nz Jfirsts fo averuge extras, (Gen Asphalt. —SLow ai s91. | browns, extras, § GGen Asphalt p b ered browns Gen Cigar- I Sl 3 1 s Gen Electric. Too; S50 ag G0, 310w ac 100 S100 at | Gen Motors. . - Jpashinglon Railway ang Electic . & u : Gen Mot €% deb. 61% | Washington. Gas Light—4 at 4s Gen Mot 7% deb. 23| Columbly Title” nsiraice. Compans ™1 2% 2 Goodrich. . Goodrich pf Granby Consol. Greene-Cananea. Great Northern pf. R CALL. and ref. 75 (W per cent Great NnrO;:..l. BONDS. Gl e Bid and Asked P Haskell & Barker. 70% PUBLIC L rices. Houston Oil. Hupp Motors. Illinois Central. Inspiration. . Interboro Metro. .. As ang Anacostia und Potomac b, 5% | Anacostia and Potom, e e Capital Tractivn R. City and Suburban Georgetown Gas 1st ine tntl Mer Marine p Metropolitan Intl Motor Truck.. Intl Nickel. intl Paper. (ntl Paper (sta)... invincible O1l. Washington Washingtou Kansas City Kansas C Sou pf. 50 Kelly-Spring Tire. 2% Kelly-Spr 8% pf. .. 8 STOCKS. FPUBLIC CTILE Kennecott... « Keystone Tire. Kresge (SS)... Lackawanna Steel Lehigh Valley. ... Lee Tire & Rubber Liggett & Myers. Lima Locomotive. | American Loews Inc. oA Loft Inc E O g -Wiles. . T e Loose-Wiles ! Comme Louis & Nash Distriet Manat Sugar. Manhattan Elev. Manhattan Shirt Marland Oil Martin-Parry. Maxwell (B).... May Dept Stores.. Mexican Pete. . Miami Copper. 223 Midldle States Oll. National Nietropoiitan Riggs " ond Washington Continental Thu: % ?-;nouTl Savin Midvals Steel. . e L T Minn &St L (n). Mo Pacific. ...« Mo Pacific pf. Montgomery Ward Mullins Body Do | Bee urity vatl Biscuit pf. ... Natl Cloak & S pf. Natl Enameling. U. 8. Saviugs Washington Natl Lead pf. ... 108 | American Natl Rys of M 2d. ™" gmxr:«;n_ Nevada Copper. 12% | Fire New Or Tex & M. L) \lnnnll Tnion 72 TITLE INSURANCE. : ; 'éi?i{‘s‘ “’;: Columbia Title .%. Ll NY, Chi & StL1st. &1 | Beal Bstate Titie S N Y Chi&StL2d. 5 N Y Dock. . N Y Dock pf. NYNH & Hart. N Y Ont & West. Norfolk & Westrn. North America. North America Northern Pacific Lanston Monotype asning """a‘;{‘x“ ashington Marke! Ex-dividend. Oklahoma Prod... 2% s Orpheum Circuit.. 18 Otis Steel. ... Produce. Owens Bottle. uce, in anticipation of a poss rail strike, prices of potatoes lve stock dropped here today. tatoes are selling at $3.25 for pounds, a decrease of 50 cents in last week. pounds are lower than at since August, 1916, pennsylvania..... any t com.— Roa! CLEVELAND, October 28 (Special). —Owing to heivy shipments of prod- Hogs at $8.35 a hundred do.. first. se—Firm; receipts, 1,162 boxe: te whole milk flats, fresh, spec : do. average run, twins, special. 22, o at COTTON MARKETS. {10 to 13 points on the announcement o Lo, | Bettlement of the railroad 4 the advance was checked around 1 realizing. Many of yesterday's bu; were sellers, and the disposition to profits on the favorable lubor news was Dprolably increased by the easier ruling of foreign exchange. There was enough reactions of 8 or 10 points, and the mar- ket showed a generally steady under- tone during the early trading. steady. March, 18.98: Futures opened January, 19.17: July, 18.02. NEW "ORLEANS, October | favorable turn in the rail strike uation caused a rise of in the price of cotton on the opening -{ today, but heavy selling met the ad- vance and prices almost immediately i reacted from the highest. At the end | of the first half hour of business the { list showed gains of only 11 to 13 i points. . | Futures opencd steady; Decembs 118.89; January, 18.85; March, 18.15; July, 17.68. { Rumors of financial | London _appeared _and, in they ! could not be confirmed, they gave the | {narket a very weak tone for a while | and prices fell off to levels 5 to 11| troubles while points under the close of yesterc December sagging to 18.61. . { recovery and advance followed ||msllng of mill-takings. whici were very large. —_— CHICAGO LIVE STOCK MARKET. CHICAGO, October 28 (United States bureau of markets).—Cattle—Re- ceipte, 7,000 head; choice steers very scarce; steady to 25 lower; medium to good natives very dul 50 to 75 lower than yesterday's high level; choice 1.441-pound steers, 9.75; top loud prime medium-weight steers, 2.00; bulk beef steers, 6.50a9.00; bulls nd she stock weak to 25 lower: | calves and stockers steady. | " Hogb—Receipts, 24,000 head; very | unevgn. mostly 10 to 15 lower than yestérday's average; Some’ sules off more; practical top, 8.00; 8.25 paid for light liglits: bulke butchers, 7650 7.85; bulk packing sows, 6.50a7.2! pigs lower; bulk around 8.25. Sheep—Receipts, 17,000; fat -lambs steady to 25 higher: sheep steady: fat, native llmhl to packers early, §.75a5.90; fed western to shippers, 9.2009.25; range yearlings, 6.75; west. | ern wethers, larsely Searlipgs and 6.10; fot_ewes averaged around 115 “pounds, 4.75a485 - e FOREIGN EXCHANGE. By the Associated Press. NEW YORK, Ootober 28.—Foreign Great Britain: .91% 3 day bills on banks, 3 mand, 7.24; cables, 7'&‘6 lllly, de- cables, k; 4 Bel, e B 7%; cabl cables, 3. ible and Po- 150 the 28; Sp.ln. demand, 13.25 Greece, demand, 4.45: -Argentina, de- mand. 1, demand, 13.12: ime 3 Der quar Aetun Explosives Allied Oil ~—Bag lots of nearby rye. us toj ! 2 west- Was not of an aggressive character, 8% | Omar Ol pound, | ‘Turkeys, 30a40. { Tunopal Guinea fowl. |L W YORK. October 28.—The votton | market opened steady at an advance of f pute, but | !for December and 19.17 for January by l buying, however, to absorb offerings on December, | May, to 31 points | p | the | Age and Live Stock LOCAL WHOLESALE MARKET. Eggs—Strictly fresh, per. doz. 56; * busket; lima beans. 40a prouts, 20a25 per quart _— | CURB STOCKS. i Quotatious furnished by W. B. mnm & o 115 p.n.— Asked. 18 TOP LIVE HOG PRICE DROPS. woTICAGO, October 26.—Top live hogs R T b TRl paid for prime animals since , 1916, and $15.75 under the highest At the market, to yield .buul Crane, Parris & Company Money to Loan $7.85 a hundredweight at the "’llln' e e Joseph I. Weller 420 Wa bldg., 9th January sides relieve vou of all worry. 7% = H The cost is reasonable when you consider the risk involved. B. F. SAUL CO. Automobile Insurance 1412 Eye St. NW. Main 2100 J Circular on request Investment Bankers 823 Fifteenth Street | Established 1883 Phone Main 593 | Muson Merrit Ol ... Midwost Ol com. Midwest 0il pf Nevada Ophir New Cornelin ipissing Min obile Oil and Gas. North Amer. P and Northwest Pennok 0O E 'The Second National Bank g % 509 Seventh Street N. W. Safety Deposz't Another Service Link Our new Safe Deposit Boxes will be ready about October 31st. Make your reservations NOW. The box rentals will range from $2.50 per year up, according to size. “The Bank of Utmost S¢ch¢ | Ton aited | BALTIMC cutting op Western ble. 1o Koep the net shrin Dtember down to §75.1198.05, the operating ‘revenue 304780 loss than they we R ago. The statement of earnings and expenses of the company for the month shows that after allowing for the month’s proportion of fixed charges and other deductions the net i An Exhaustive Analysis of Missouri Pacific S8 obat in _our recent B Securities id Commodities i Review. Free upon request. A.A.Housman&Co. Hl 20 Broad Street, New York : MEMBERS: g€ \ew vnrk Produce Exchange [H N.Y. Coffee and Sugar Exchange |d Chicago Board of Trade Assoefate Members of Liverpool otton Asnoc Washington Office MAIN FOOR CORRIDOR WOODWARD BUILDING Telephone Main 2040 CHARLES R. ALLEY, Mgr. $5,000 Life Policy, $57.35 | Send date of birth for ulluvnlloll tabiished ‘1865 Amsets over 130,000,000, M. LE ROY GOFY, Inuurance Advl.u- 1 branches Room 610 Wosdward Buudlm- M. 340. How well posted are you on dividend records, earnings, and profit evidences of stocks “traded on the New York Curb Market ? You should read the official 40-page book “America’s Second Largest We will give a\copy without obligation. Ask for UU-508: ‘Members New Yavk Curb; Mm’ oo Bocion Eiadelpbia Baltimors -BALTIMORE OFFICE 433 Equitable Telephone: St. Paul 8451 New Yo Cht s BecoMe a partner in the “Bell System” by purchase of Amer- ican Telephone and Telegraph Company stock. . ‘We believe that there are few, if any, concerns in this country whose positions are more secure BECAUSE: Financially Is assets in value equal not only all its indebtedness but also at least twice the par value of its outstanding stock. Its stockholders have paid in, v casH, much more than the par value of the stock. There is no, “water” in the capitalization Commercially Irs growth is'sure and steady—regardless of the ever changing business conditions. . As it has come to be more and more recognized as 2 necessity, its expansion is more rapid than the growth of the country itself. Earnings Tue AmericaN TerepHONE & TeLeGraPH CoMPANY has never paid a dividend which it has not earned ' with 2 wide margin of safety. It is now earning at+ the rate of about $12 per share. Record For forty consecutive years the Company [withitspredecessor] has paid uninterrupted dividends of at least $7.50 per share. The Directors have now placed the Company upon a $9.00 per year dividend basis. Prospects THere is a large business in sight and the evidence of the past points to an endless increase. Wk recommend the purchase of its shares, which are now selling at about 108% . per share, and should be glad to receive orders for any amount from one share up or to give any further information desired. KiDDER, PEABODY & Co. Members New York and Boston Stock Exchanges 18 BROAD STREET NEW YORK Branch Offices 2 45 EAST 42nd STREET NEW YORK i rat deed of truet on real eatate. | & Trost | a4 F a.w. We do net guarantes the Sgures a8 staiomests contained herein, but they are (aken from sources which we believe FINANCIAL. LOANS ON LIBERTY BONDS Bonds bought and Sold red or Coupon. leer(‘ y Bond Exchange I\loney 'ln Any Sum e Our connections locully and in other cities enable us to [money in uny amount for shington Real 3 604 14th St. N.WV. Wasnington “lical” Extate En: i Stone & Fairfax 3343 2% V- P v __ dfwin 2ez4 EQUITABLE Co-Operative Building SAVE Association e 4. 1t iathe fous- Orgunizea 1579 dation of Toones Byt 45T YEAR COMPLE nu-.u"u'm':“bud-b::ofmmm Assetn . . .$4.303,836.65 It is your duty to you r family Surplus . £1,097,900.01 and your noun.n'yla- ! good fll- Zens are sa Butif you lre tobe 2 success Yo muat do it on 3 deie iansysiem: Savings ataprofiy To T OVESt Y The Kriebel Sy The Kriehel Systematic Saviog Plan shows Ind investing ind thendoloenineor Over97% of all who undertaketo save and invest on the Kriebel Plan continue with I ‘want to ki SrmTIL e e vl et KRIEBEL & CO. Investment Securities l"lnlhlamll.w Kaasas Cly Indisnspolis Miiwsskes Rosklerd hm! flnuin‘!l-flfifl EVERY WAGE EARNER SHOULD SAVE Subscriptions for the 81st Issue of Stock Belng Received Shares, $2.50 Per Month 4 Per Cent Interest EQUITABLE BUILDING 915 F 5t. N.W. JOHN_JOY EDSON, President FRANK P. REESIDE. Secy, Unusual Investment Opportunity 8% SAFEGUARDED First Mortgages Denominations of $100 $500 $1,000 Maturities Two to Ten Years pur ed either out- uuder our len-payment of v decreasing rate t on other forms of se- of interest on real maining firm, due ed demund for funds essary -huilding con- to the ine to finane struction. Reservations Accepted NOW for Future Deliveries. Put YOUR Funds to Work at Their Full Earning Power Cull or The F. H. Smith Co. FOUNDED 1873 815 15th St. N. W. Main 6464 . 48 Years Without Loss to Any Investor send for full information Drstribution THe $515.000,000 stock of thisCompany is owned by morethan 175,000 different people,anaverageofabout 29 shares toa stockholder! We believe that no other Company in the world, having no preferred stock. has so many stockholders. It has many stockholders in every State and is adding new ones faster than ever before in1ts history. Politically The Company is “Not IN poutics.” The Public Commissions Now know that this is trueand they know that the Operating Companies endeavor to be fair with the public and with the Commissions. They therefore aimost universally accord fair treatment to the Company. Character A CorroraTion may be quite right in all the above respects but still be unsound because of its manage- ment. This company is sound. This Company has CHARACTER in its Management, sound. honest, faithful intelligent CHARACTER. Its traditions are those of fair treatment and efficient service to the public;its personnel is saturated with these ideals, from its President, H. B. Traves, all through the organization and through the organiza- ions of its associate companies. : 115 DEVONSHIRE STREET BOSTON 216 BERKELEY STREET STON