Evening Star Newspaper, January 8, 1929, Page 12

12 FINANCTATY CURB PRICES FIRM INSHORT COVERING New Issues Hold Interest of Traders—Liquidation Appears Small. BY WILLIAM F. HEFFERNAN, Special Dispatch to The NEW YORK, short cover ket a the m; rced liquidation had been a plished. A good deal of i c the initial trading in the new Hill Publishing common stoc was offered for pub! terday at $41 ing of 60,000 share effected to c of the stock, W held by executi company. 49 ar re. T of the Another s stering pari of no p: fered at shares of J of commor shares of common justed in cash on per full share. Accord offering. the p changed hands common at 8 Helena Ru to trading at dealt in_on changed hands pared with the p Stocks of airf again among the stock ipating | 29 and the | n ! of the most tions of the United States. Corpo! h "The bri cons with this company as the r further capital will be requi the consolidation be affected because of the strong financial condition of all companies involved in the combine. New high records were reached Safety Car Heat & Light, up 3 points at 178: the new Radio preferred, fractionally at 77: Metal & Ther points higher at 160, and Grigsby-G now, up more than a point. although all of the improvement was not held. Associated Gas & Electric led_the utilitis, making a fresh top at ired_sho by Special Dispatch to The Sta 8.—The report e & Telegraph compared with $8. November, and_cperating income 3,603,183, contrasted with $3,518.607. For the 11 months ended November 30 gross amounted to $11,042,117, contrast- ed with $30,701.226 > same period of the preced d_operating income $35,02 $37,241,224 The president Service has anno shares of the company’s S5 preferred have now been convert common. The b of the conversion therefore changes automatically 19 shares of common for each 10 pre- ferred to 17 common for each 10 pre- | farred until an additional 40,000 shares | | 800, have been converted at the CHICAGO LIVE STOCK MARKET CHICAGO, January 8 (# (U. S. De-| 1t of Agriculture) —Hogs—Re- | ceipt m to all interests, steady to 10 Monday's _average. Top, largely a 9.00a9 ket pound weights. Buichers, medium to -300 pounds, 8.7529.15; 20 250 pounds, 8.85a9.20; 160-200 pound 130-160 pounds, 8.4 9.20 paid; | on 160-290- | ling trade steady 5 steady: early fat cows dragg: classes steady: early top, 16.00M heav~ fes, 15.75; slaughter clas good 0 pound: 53 16.50: 1 950-1,100 pounds. _ medium, 850 pounds up. vearlings, good and pounds, 13.25a16.25; he choice, 850 pounds dowr common and medium. 8.2 good and choice, 8 and medium, 6.5028 catter, 5.5026.50; b (beef), Lambs, | . 16.00a- A dium When the Prince Travels. When the Prin abroad he At one v tour the prince young _girl hich he hou hay but M prince this cas t, for he e “baby” ¢ ng the vo: unexpected curred in a South The prince was ¢ name on a baby th a couple naming of of a good Another Milk by the Yard. Danish dairies countries of Europe some of which is in the 1 form some in the form of frozen blocks more in the shape of powder. ent innovation comi y s milk dried ) sheets, in_whick up and kept condition { definitely. In this shape it is possible | to sell by the yard or 100t The supply | and | A that | torm_of e rolled in s ‘:.5,. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office TODAY'S CURB MARKET. Special T with the to noon: patc! RK, January 8.—Following tocks and bonds traded in ¢ York Curb Market today, ume of sales and prices up or h to The Star. INDUSTRIALS, o A 1387 | 1500 Cont a0t 66! A p vid % pid & Pow Cor A 5 % | The men los 23 32| the owners of the German freighter in | gg1 iich. Low. Noon. | T4 THE EVENING STAR, WASHINGTOX, P, C. TUESDAY, JANUARY 8§ Y929 3 Homaokla Oil 56 Intercont_Pe! 4 Leonard O1l 5 Magdal Syne 6 33 Mo Kans Bipe Line:! sagull o SBuua EESTES STANDARD OIL ISSUES MER SUBSIDIARIES- o'y GO i «| 1000 Rumble O Ca 1000 Tmp. |10.000 Inter, | 500Nat 21 00 Ohio | 1000 Prairie K: > Ohio pid uum Oil BONDS Sales in thoysands. Allied 1 Alum sands. Bank Prussia 6s 13 Bolivia 75 5 Bue s Pr & 2Indt M Bk Finl 1 Isotta Fraschini 1Jugosl Sta M B Medellin o | American Steamer Picks Up Crew of German Vessel East of Newfoundland. By the Associated Press. BREMEN, Germany, January 8.—All Ibut two members of the crew of the | German steamer Roedelheim, which sprang a leak about 500 miles east of | Newfoundland, were rescued Sunday iby the American stcamer Saguache. were the third engineer who were |and the ship's carpenter, drowned. Word of the disaster was received by a wireless message from the captain of the Saguache. The message told of the rescues and said that the German | freighter had sprung a leak during a | storm, making it imperative to take off 2 | the crew, as the vessel was doomed. s 24 108+ EY 16428 | o 551 ' { 'The American captain added that he !would land the Roedelheim's crew ither at Portland or Halifax. | The Roedelheim, a 5.600-ton freighter, + !sailed from Emden December 18 for Boston and New York. The Saguache, which visits Scandi- | navian ports, sailed from Gothenburg | December 24 for Portland, Boston and : New York. |CRUISER WHICH SANK | EMDEN TO BE SCRAPPED | Australian Ship Sydney Scored Memorable Victory Over Ger- | man Raider During War. | By the Associated Press, CANBERRA, Australia, January 8.— The Australian government has decided to scrap the famous Australian light * | cruiser Sydney, which sank the German raider Emden during the war. The Sydney, which has a displacement of 5400 tons, was laid down in 1912, The sinking of the Emden, which had sunk 15 merchant vessels off the East Indies, took place on November 9. 1914. The Emden appearcd off the cable sta- Ition at Cocos Keeling Island and the | operator flashed the news to Singapore. | The big Australian and New Zealand iconvoy of 38 transports, homeward | bound, which left Albany on_November . | 1, escorted by the Minotaur, Melbourne, Sydney, and Ibuki, was approaching Cocos. 1t was only 55 miles off when the news reached it. | The Sydney started for Cocos Island at full speed. An action ensued between | the Sydney, commanded by Capt. J. C. Glossop, and’ the Emden, commanded by Capt. Von Muller, and the Emden was driven aground in flames by the 6- inch gunfire of the Sydney. FIREMAN IS KILLED. Engineer Missing Following Head- on Collision of Trains. FAST ST. LOUIS, 11, January 8 (&) -One man was killed, another was missing and two others were seriously injured when two Baltimore & Ohio lision two miles east of here Sunday Railroad officials weer unable plain the cause of the crash. 35, fireman, of Wash- ington, Ind, was killed, while James Utterbach, engineer, Washington, Ind., is missing. The injured are: Bert Chatin, engi- neer, severely scalded, broken arm, of Washington, Ind., and E. Throope, fire- Jman, fractured ribs, possible internal injuries, Washington, Ind. SHP LN FIHT | 4 | bushel, 1.5 1 | basket, 50a60; peas, bushel, 3.0024.00; 2125024.50; FROM SINKING SHIP Railroad trains met in a head-on col-| FOR CUBAN TRADE Carferry Seatrain Introduces New Element Into Highly Competitive Situation. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, January 8.—Battles for the traffic with Cuba are not confined | to the struggle among the Cunard Lines, the vesseis sailng under the American flag, including those being helped by the Shipping Board, and the Spanish boats. These transportation companies are conducting a merry lit- tle but it is mostly for passenger business. A new element has been injected into the struggle. with the entry today of the giant _carferry seatrain, which has started on monthly sailings between New Orleans and Havana. ‘The object of the vessel is to obviate the slow transfer of freight piecemeal from railroad cars to steamship holds and from the cargo spaces back into freight cars again. By its use all loose freight is eliminated. The loaded freight cars are lifted by special cranes on board the vessel from a railroad spur and unloaded at destination in the | same way. It is claimed that 95 freight | cars, the capacity of the vessel, can be Joaded and unloaded in 10 hours. The | running time between New Orleans and | Havana is calculated at 52 hours. ‘The Seatrain will not come into com- petition with the passenger carriers, | but it seems that competition of all kinds with the Pearl of the Antilles will tighten up as a result of the recent races to Havana from New York. Conditions in the shipping industry | are such that vesscl owners cannot | afford to overlook any chance to cap- | ture even Winter tourist trade of moderate proportions. | The excess of ships above require- ments throughout the world still exists but in the long run the situation scems | quite likely to improve. Foreign trade | is growing and so is foreign travel. The | | present United States mail arrange- ments will require payments of about | $7,000,000 more to steamship lines than | in 1928. In addition, about 30 large vessels will be built in American yards this year. Men thoroughly versed in the con- ditions of the shipping trade do not | foresee any easy victory for the Amer- |ican marine in the fight for Cuban trade. Many travelers say that they prefer the service of the foreign ves- » | sels owing to the fact that the person- | nel of the foreign boats remain un- | changed for years. Baltimore Markets | " | Spectal Dispatch to The Star. BALTIMORE, Md. January 8.—| Potatoes, white, 100 pounds, 1.10a1.140; | | sweet_potatoes, barrel, 1.50a2.75; bushel, | 75a1.75; yams, barrel, 1.50a3.25: beets, | 100, 4.00a5. 3 broceoli, bushel, 65a85; Brussels sprout. quart, 20a25; cabbage, hampers, 2.15a 100, 4.00a6.00; celery. crate, 1.50a3.50; caulifiower, crate, 1.50- 1 a2.00; cggplants, crate, 5.00a8.00; kale, 50a60; lettuce, hampers, 75a- 50; onions, 100 pounds. 150a4.25; oyster plants, 100, 6.0029.00; parsnips, 5.0029.00; bushel, 75000; tomatoes, crate, 100a- 3.00: turnips, basket, 40a60; Savoy cabbage, bushel, 7521.00; apples. bushel, | 75a2.00; cranberries, box, 3.7525.25; | grapefruit, box, 2.00a3.50; oranges, box, tangerines, per half strap, | 1.50a3.00; strawberries, quart, 60a65. Dairy Market. try—Alive, young turkeys, pound, | old. 28a30; crooked breasts, 25. Spring chickens, 32a38: small and poor. 20a22. Old hens, 20a30. Leghorns, 20 | 226, Capons, 33a40. Old roosters, 17| al8. Ducks, 20a30. Geese, 20a25. Guinea fowls, each, 40a80. Pigeons, pair, 30. Dressed peppers, . crate, spinach. poultry—Turkeys, _ young, pound, 32a35; old toms, 28a30; poor and crooked breasts, 25. Chickens, | young. 30235: old_and mixed, 25a30. | Caponis, 3%ad5. _Old roosters, 18a20. | Ducks, 25a30. Geese, 23a30. | Eegs—Rocolpts, 1,017 cases; native | and nearby selected whites, free cases, dozen, 40; frsts, 36a37; current receipts, | 30a: | " Butter—Good faney pound, 47a51'z; prints, 511585313 | blocks, 5012a5215; ladles, 38a40; store packed, 32 process butter, 43a44. | Hay and Grain Prices, | Wheat-—No. 2 red Winter, garlicky. | spot, 1. January delivery, 1.24, | to creamery, Corn—No, 2 export, January delivery, No. 2 yellow, 1.01; cob corn, 4.85 | a4.90. 1 | Oats—No. 2 white, domestic, spot, | | 5715038; No. 3, white, domestic, spot, | | 5625615 | Rye—Nearby, 1.15a1.20. Receipts, none. While hay is | arriving here in limited quantities onl it is more than ample for the demand. | which is being supplied mostly by truck from nearby points, few carloads being received. There is not enough business | passing to establish prices on the va- Tious kinds on merit at a range of 16.00 |a18.50 per ton of timothy and clover hay, Straw—No. 1 wheat, 11.00a12.00 per | ton; No. 1 oat, 12.00ai3.00 per ton. - | | A 'FLORIDA CITY LEADS IN SHRIMP INDUSTRY St. Augustine Proud of Its Record, | Worth $30,000 to $40,000 Daily. ST. AUGUSTINE, Fla. (). —City of- ficials here are fond of this fish story. It has to do with shrimp and with the fact that St. Augustine is one of the leading cities of the world shipping them. During the first part of the Winter | 317 shrimp boats were at work in Flor- | ida waters and were bringing in a daily average of 12,680 bushels to supply the | shrimp-loving populace of the United States. Later 90 more boats augment- | ed the daily catch by approximately | 900 barrels, or 3,600 bushels. Although some of the larger ships bring in more, | the average cargo is 10 barrels of 4 bushels each daily. A visit to the San Sebastian water | front shows why it is estimated that returns from these thousands of bar- | rels of shrimp during the season will | be from $30,000 to $40,000 daily. When | the shrimp fleet comes in, hundreds of | bushels are unloaded on the decks. The | fisherman gets $2 a bushel, so that if he has 10 barrels of four-bushel capac- ity, he collects $80 from the shippers. In addition to the fresh-shrimp in- | dustry, numerous local and national canning companies operating in St.| Augustine are packing thousands of shrimp into cans daily for later con- | | sumption. Urge New Stock Issue. ‘ | NEW YORK, January 8 (#).—Di- rectors of Reglty Assoclates of Brooklyn have recommended to stockholders a plan to increase capital stock from 100,000 to 1,400,000 shares and to pm-‘ vide a 10-for-1 stock split up. The re- maining 400,000 shares will be offered to common stockholders through war- rants. Mothers of pupils in a San Francisco school prepare meals in the school ress taurang. | today were only 153 cars against | serdp is strong in price at $18.75 to $19 | |tons of Pennsylvania scrap. WHEAT IS HIGHER IN EARLY TRADING Strength in Liverpool Market Causes Upward Trend at Chicago. Br the Associated Press. CHICAGO, January 8.—Wheat prices went upward early today, helped by strength shown by the wheat market in Liverpoool. In this connection re- | ports were current that the Canadian | growers’ pool had sold large quantities | of wheat to Great Britain. Opening | 1,a% to 5% up, Chicago wheat later | reacted somewhat. Corn was inclined | to sag, except at the outset, starting unchanged to % higher and then show- ing a slight decline. Oats held firm. | Provisions were easy. Word that London hase been a heavy purchaser of Canadian wheat had con- | siderable effect today toward firmness | at, times of wheat values in Chicago. | There were also advices that Argentina offering wheat less freely to Europe that the Orient was continuing to take Jarge amounts of wheat and flour from Vancouver and that Australia persist- | News of rains benefitting the Argen- ently keeps shipping to India. | tine corn crop put a good deal of al check today on upturns in the corn | market. According to some dispatches, | the rains were heavy in the provinces of Santa Fe Cordoba. On the other hand, country offerings of corn to CI 87 cago were very light, corn receipts here | cars last year. Besides, predigiions to- | day were for rain or snow. Commodity Notes Packing House Products. CHICAGO, January 8.-—Some im- provement in the demand for beef is being reported by local packers. The light supply of calves and lambs has helped the prices of dressed meats. Smoked meats are selling fairly well, | Agricultural Products. ATLANTA.—The income from Geor- | gia farms dropped 10 per cent in the | last year to $223,815000. With a larger acreage than in 1927, the cotton yield was small, and this accounted for most of the decrease. Steel. PITTSBURGH.—Heavy melting steel | a ton. Bids close today on 40,000 gross | Plans Stock Increase. NEW YORK, January 8 (#).—Auto- sales Corporation of New York has noti- fied the New York Stock Exchange of | a proposal to increase the common stock from 80,592 no par shares to 250,000 no | par shares and exchange present non- | cumulative 6 per cent participating preferred stock for 6 per cent cumu- lative participating preferred on a share-for-share basis. U. S. TREASURY RECEIPTS. Treasury recelpts for January 5 were $7.032.245.61; cxpenditures, $16,866,- | 91.63; balanc 39,16 NEW ISSUE "PINANC TAT, CHICAGO DAIRY MARKET. | PURCHASE OF RAILROAD COTTON IS STEADY i CHICAGO, January 8 (#).—Poultry— Alive, firm; receipts, 1 car; fowls, 28a 32; Springs, 30; roosters, 20; turkeys, 25; ducks, 24a?8; geese, 19. Butter—Higher; receipts, 11,143 tubs; creamery, extras, 47: standards, 47; e: tra_firsts, 451,a46; firsts, 4412a45; sec- onds. 43a44. Eggs—Higher; receipts, 10,510 case extra firsts, 38a39; firsts, 37; ordinary firsts, 30a34. New Production Record. TULSA, Okla., January 8 (#).—Crude oil production records in this country were shattered in the week ended Jan- | uary 5, said the Oll and Gas Journal today, when daily average proaction reached the peak of 2,599,791 barrels. 'he previous record was set in the week that enced July 30, 19: daily average production of barrels was recorded. Light oils showed a daily average in- crease of 11,078 barrels and heavy oils 2,869 barrels in the week of January 5. when ,587,105 NEW YORK BANK CLEARINGS. NEW YORK, January 8 (Special) . New York bank clearings, $2,066,000 000; New York bank balances, $17 000,000; New York Federal Reserve bal ances, $127,000,000. A Conservative Amount will be Loaned endorsers on approved Listed Securities of a TENTATIVELY APPROVED | By the Associated Press. | The acquisition of the Louisvile, Henderson & St. Louis Railway by the Louisville & Nashville Rallroad was tentatively approved today in a report to the Interstate Commerce Commission by agents assigned to investigate it. At the same time the commission was advised to insert a condition in its ap- proval of the project under which mi- nority stockholders of the Henderson ,line may have their stock in the cor- poration independently app: sold for cash to the Louisville ville. The transfer of the Henderson line to the Louisville & Nashville was op- posed by a group of minority stock- | holders, who alleged that the terms of- fered them were unfair. The L. & N., ! which owns a large majority of ths Henderson stock, proposes now to lease |the smaller line for 99 vears, paying all of the Henderson interest obligation and in addition $8 per share per annum |on Henderson common stock and $5 pex | share on its preferred stock. | H. C. Davis and C. S. Mason, the commission_examiners, who heard the complaint, recommended that the L. & N. be allowed to proceed. but that it be also required to arbitrate and pay cash on the arbitrated value of the Hender- son stock. ON Non-Fluctuating Record. $500,000 RICHMOND DAIRY COMPANY First Mortgage 6% Gold Bonds (WITH STOCK PURCHASE WARRANTS) Dated February 1, 1929 Interest payable February 1 and August 1, at the principal office of the Baltimore Trust Company, Baltimore, Md., without de- duction for Normal Federal Income Tax up to 2%. Coupon Bonds in denominations of $1,000 and $500, registerable as to principal only and interchangeable as to demomination. Redeemable in achole or in part on any date upon 60 days’ notice at 105 and accrued interest until February 1, 1934, thereafter at par and accrued interest plus a premium of Y of 1% for cack year from redemption date to maturity. Refund of State, County and Municipal Tax mot exceeding 5 mills in the aggregate. THE BALTIMORE TRUST COMPANY AND G. ROY MUELLER, BALTIMORE, MD., TRUSTEES These Bonds will be delivered with Stock Purchase Warrants entitling the holder to purchase Class B Common Stock of the United States Dairy Products Corporation in the ratio of 5 shares of stock for each $1,000 of Bonds, at the following pricess $22.50 per share from Jan. 1, 1931, to Dec. 31, 1931 $25.00 per share from Jan. 1, 1932, to Dec. 31, 1932 $17.50 per share $20.00 per share from Feb. 1, 1929, to Dec. 31, 1929 from Jan. 1, 1930, to Dec. 31, 1930 AT OPENING PRICES | Market Eases Off Slightly Under Selling From the South. By the Associated Press. | NEW YORK, January 8.—The cotton market opened steady at an advance of 5 to 8 points in response to relatively steady Liverpool cables and a feeling | that recent liquidation had improved the technical position. There was some Southern selling, however, while the bulge seemed to meet a renewal of ng and somt commission house selling, which eased prices back within a few points of yester closing quo= tations by the end of the first hall {hour. Trading was only moderately |active. Private cables said that conti- i nental liquidation had been absorbed by trade calling and covering in Liver- ool and that there was a broadening demand for cotton cloths from India ‘.md China, although yarns were ine active. COLLATERAL LOANS without co-makers or Interest will be deducted at the time the loan is made. Twelve equal monthly deposits are to be made in conjunction with such loans, which deposits may be applied to the liquidation of the loan at its maturity. THE MORRIS PLAN BANK Under Supervision of U, S, Treasury 1408 H STREET, NORTHWEST Due February 1, 1944 The Following is summarized from a letter from Mr. J. O. Scott, President of the Company: COMPANY—The Richmond Dairy Company has been incorporated under the laws of the State of Virginia and will acquire the physical assets, business and good will of the present operating Company of similar name. The operating Company, for the past 38 years, has been engaged in the collection, pasteurization and distribution of ‘milk, cream, butter and other dairy products in the City of Richmond, Va., as well as substantial wholesale distribution of dairy products to other Southern communities. At Waynesboro and Lexington, Va., the Company manufactures ice cream which distributed locally. The Richmond Dairy Company will be the largest distributor of fluid milk and cream in Richmond, th financial center of tl he surrounding country. a daily production of 40,000 quarts. Richmond is the largest city and capital of Virginia and is the industrial and PROPERTY—The Company’s main plant at Richmond is of modern steel, brick and conerete construction, equipped with up-to-date pasteurizing and bottling equipment with a production capacity of 60,000 quarts per day. This plant includes a complete powdered milk plant using Buffalovac equipment and a complete milk condensing plant. Additional plants include creamery and ice cream manufacturing plant at Waynesboro, Va,, a condensing and collection creamery at Staunton, Va., and an ice cream manufacturing plant at Lexington, Va. PURPOSE OF ISSUE—The purpose of this issue will be to provide part of the funds for the acquisition of these Pproperties. SECURITY—These Bonds will be the direct obligation of the Company and in the opinion of counsel, will be secured by a first mortgage on all plants, property, real estate and other fixed assets now owned or hereafter acquired by the Com- pany. Based on an appraisal by the American Appraisal Company as of June 30, 1928, plus subsequent additions at cost and less subsequent depreciation, the sound value of the assets covered by this mortgage as of September 30, 1928, was over §815,305. This is equivalent to approximately $1,700 for each $1,000 Bond. CAPITALIZATION— (Upon completion of this financing). First Mortgage 15-Year 67 Gold Bonds, due 1944 (this issue) Preferred Stock 7% Common Stock (no par value) . *The additional Bonds authorized may be issued for additions and betterments to property under the conservative restrictions of the Indenture. Authorized $1,000,000* 250,000 1,000 shs. Tssued $500,000 250,000 1,000 shs, . EARNINGS—Messts. A. M. Pullen & Company, Certified Public Accountants, have certified that the average net earn- ings (after deduction of depreciation and taxes other than Income Taxes, adjustment of salary contracts to present basis, and the elimination of non-recurring charges and income) for the 3 years and 9 months ending September 30, 1928, have averaged $113,283 per year, which is equivalent to 3.75 times the annual intsrest requirements on this issue of Bonds. SINKiNG FUND—The Indenture provides for a sinking fund payable semi-annually, equal to 20% of the net earn- ings applicable for dividends on preferred stock, with a minimum of $17,000 per annum; such minimum to b increased n}t\ the rate of $1,000 per annum for each $30,000 of additional Bonds issued under this Indenture. It is estimated that these minimum sinking fund payments will retire over 50%% of this issue prior to maturity. MANAGEMENT—The management of the Company will continue under the direct supervision of Mr. J. O. Scott, one of the founders of the business, and other officials who have been stock of the Com shares. associated with him for years. All of the common pany will be owned by the United States Dairy Products Corporation, excepting the Directors’ qualifying Application will be made to list these Bonds on the Baltimore and Richmond Stock Exchanges These Bonds are offer, the f Company, 102 St. Paul Street BALTIMORE, MD. orm_of permanent bo details in connection aith this i ed when, as, and if issued and receivea and nds or interim veceipts thereforis expected to be made on or al by us and subject to the app McMahon, Bucll & Knox, of New York City, for the Bankers. WE RECOMMEND THESE BONDS FOR INVESTMENT PRICE: 99 AND ACCRUED INTEREST TO YIELD ABOUT 6.10% J-A.W. Iglehart & Co, Tnwvestment Banhers MEMBERS BALTIMORE STOCK EXCHANGE 719 Fifteenth Street N. Brooks Ruildinj St RE| WILKES-BA| nters Bank Blds. OND, VA. W.—Washington, D. C. Goft, Bullding CLARKSBURG. W. VA. l of our Counsel. Delivery in e t February 1st. ssue avill be passed om by Messrs. Cabell & Cabell, of Richmond, Va., for the Messrs. Janney, Ober, Slingluff & Williams, of Baltimore, and Messrs. Graham, Legal i ] WiLMNETON. B ho statements contained berein are based on information which we regard as reliable aud wore weed by ws % & basis for the purchase of the bonds for our own aceount.