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DIVIDEND The regular Semi-annual Dividend been deciared from the met earn- ings of the past six months at the rate of Four per cent. a ysar, and will be payabls on and after November ACADEMY DEFEATS WEST ENDS Rolled Up 16 to 0 Score on Satu-day—Lawson and Mc-= Cormick Make Big Gains for Academy—Liggins and Skelley Stars for West Saturday the Academy team suc- ceeded in rolling np 16 to 0 against their city opponents, the West Ends. The score tells the story pretty well. The West Fnds were a little the worst after the game, with the exception of the little guarantee. ' Liggins broke the ligament of his finger and Skelly sprained the ligaments of his ankle. FFor tho West Ends, Liggins and S. Skelly were persistent ground gainers while the former was the ome who stopped McCormick on his pluggin: line plunges for which he is so well famed. Townsend was particularly notable for his tackling and defensive work. The Academy boys were lacking two of their star players, Swan and Smith, but they still maintained their strong defense. In the back feld Lawson ran for some good gains, while Mc- Cormick dashed, wiggled and shot through the line for big gains. Skelly won the toss and chose the north goal with a strong wind at his back. ~McCormick kicked to Skelly, who ran the ball back 50 vards. Lig- gins ran for 30 and Popham fumbled to McCormick. MeCormick went for ten and punted to Popham who fum- bled to McCormick. The Academy rushed the ball to the four vard line where it was lost by a fumble. The West Iinds rushed the ball and then punted to midfield. after The period ended an other down and a forward Second Period. ball on the 10 yard line. ik gained 8 yards in two downs and Lawson went over for a touchdown. but no_goal was kicked. Score, Academy 5, West Ends 0. McCormick ~ received kick from IL'Heureux and the ball changed hands. I/Heureux gained 27 vards in two downs by quick playing, after which they o8t five and Liggins was giving the ball to the Academy. Law- son made 15 yards with fine interfer- ence. McCormick, Ellott-and Ha- vens advanced the ball some 25 yards nd McCormick kicked to L/Heureux der his own goal. L'Heureux kicked to Murray, who was dropped by Town- send and whose playing was very con- spicuc Third Period. Liggins having injured his finger, wus repiaced by Standish. L Heureux icked to Coughlin and the ball was advanced steady down the fleld. The Academy kicked, recovered and Law- son finally goes over for a touchdown aiter a nice end run. McCormick fail- ed kick the goal. The Academy kicked to Skelly but they soon re- turned the kick and started on an- other march down the field to the 25 yard line, when time was cailed. Score, N. I A, 10, West Iigds 0. Fourth Period. The Academy’s ball on opponents’ 25 yard line. MoCormick made first down, but they lost ball on next play and L'Heureux kicked to Murray, who caught the punt in fine shape, and ran to the 20 yard line like 3 flash with a 30 yard run. Here the chance for a score was lost when Popham took a forward pass from McCormick. The West Ends braced and rushed the ball for some 20 yards, where they were checked and §. Skelly was taken out of the game because of a bad ankle. Hertz replaced Sikelley. The Academy tdok the b 'l and Lawson and Havens advanced the ball to the 2 yard line where Murray went over for the third touchdown. MecCormick - kicked the goal. Score, Academy 16, West Ends 0. The lineups: Academy—Gebrath re, Kinney I, Herbert rg, Walsh lg, Havens r:, L liott it, Isbister ¢, McCormick (capt.) rhb, Coushlin fb, Lawson lhb, Murray ab. West Ends—Townsend -re, Skelly le, Stockwell rg, Campbell lg, F. Skolly rt, ‘Gough 1t, Donovan c, Ligzins rhb, L'Heureux b, Skelly (capt.) Ihb, Pop- ham gb. | Touchdowns for Academy, Lawson 2, Murray. Score, Academy 16, West Ends 0. Referee, Aultman; timer, Bai- e YALE CAPTAIN HAPPY. Gives Main Credit for Yale's Show- ing to Tom Shevlin and Foster San- ford. New Haven, Nov. 20.—Capt. Freder- k J. Daly of the Yale team was the happiest man in New Haven Sat- urday night. “The Yale team,” he said, “deserves far more credit than I can give them. I am satisfled with Ends. the outcome, though I think we had the jump on Withington’s men in the last” two periods and might have scored had the game been a few min- utes longer. “T knew that Yale would put up a great fight, and I know that never dur- ing the entire game did a Yale man let up in the slightest. We are hap- py; that is all. “You can give the main credit for Yale's showing on.the offence to Tom Shevlin,” continued the Yale captain; “and to Foster Sanford, more than to any one else, goes the credit for the defence we showed Saturday after- noon. YALE PLAYS HARVARD TO SCORELESS TIE. Crimson Team Shows Superior Strength—Lacks Good Generalship in Crisis. New Haven, Conn., Nov. 20.—Bat- tling dauntlessly against a team that had greater power, contesting every inch of ground bitterly against a com- bination that was the master in every- thing but pluck and determination, Yale on Saturday played Harvard to a scoreless tie hare In as bitter a football struggle as was ever waged in the many matches between the crimson and the blue as have been fought out on the gridiron in the last thirty-five years. In other vears a result of this sort might have meant jubilation for both, but this time all the joys went into Yale's cup and Harvard was forced to quaft of the bitter dregs of disappoint- |ment. The crimson cohort that had jinvaded this somnolent little New England town was cock sure and con- fident baforé the contest. So certain were the sons of John Harvard of duplicating the great victory of two years ago that they had made all sorts of preparation for a celebration the like of which New Haven had mever Dbefore seen. A victory for the men from Cam- bridge meant that they would be the undisputed champions of the east, and there was nothing further from their minds than that they would not be. But as Bobby Burns said a long time ago, “The best laid plans of mice and men gang aft agley.” Yale surely played beyond itself, and in the annals of sport at the New Haven college this 1910 team, led by Capt. Fred Daly, must be marked down as one of the best that ever wore the blue. This is not in the sensg that it knew the most Tootball or could play it the best, but no team ever showed a finer spirit or came together for the climax in pluckier siyic than did this eleven that came onto the fleld Satur- day with ail odds it. It had the record behind it of two crushing defeats by minor teams and a tie with another, yet it arose superbly to its great game of the vear and held at bay a machine that had crushed down ev- erything through the season long with ali the arrogarnce b of superior strength and strategy. Yale played no bettor a game against Harvard thaa it dd againct Princeton, t it held to an aven break the com- bination that looked vastly the su- perior of the Tiger combination. Many are geeking for the answer to this puzzle. Harvard was assuredly the bet- ter team. The crimson team was with- in reasonable distance of a score more than once, and the biue never was, vet the two teams came off the field with- out a tally. It was a game of oppor- tunities for Harvard, and it failed to take advantage of them. The power and drive was there, but there was lacking that finishing quality which has flashed out more than once this season when the crimson was within striking distance of the opponents’ goal. This characteristic was evident in the contest against the army, but it was passed over then as a fault that would be remadied as the autumn days prosressed. In the Dartmouth and Corpell games # was not seen, posei- bly because the defense of those two teams was not remarkable, but here Saturday it was only too strongly brought out. Opportunity after oppor- tunity was thrown away and as the golden moments passed away the crim- son got farthor aad farther away from a victory. Nothing much can be said_of the alship that guided the Harvard rn brigade. The answer to why Harvard did not win was that it was mot handled particularly well. It was a good team and one that ehould ha: been victorious, but at the eritical mo- FINANGIAL AND COMMERCIAL. SATURDAY MARKETS. Opening Prices Fraction Higher—More Interest in Football Than Trading. New York, 19.—10.10 Moderatively active dealings opening prices of stocks a fraction higher. United States Steel and Southern Pacific were the only con- spicuous exceptions with slight tra. tional declines. Missouri Pacific rose 1. International Pump -8, and the preferred 1 3-8. National Railways of 2d preferred declined 3-4. m.—Opening gains were ex- a trifle, but specwlators gen- were not inclined to do much in the market. Delaware & Hudson advanced Railway Steel Spring i-§, Erie 24 preferred and American 1-4, and Canadian Pacific, N . Kansas & Texas and American on’ Ol 1. a. m Close.—The market closed steady. Fixpectation of a good bank statement held prices, but interest in the foot- ball game ove hadowed the trading. Saes AMis Chalmers pfd Ammal. Copper . Am. Agrioltural 00 . Beet Sugar. am - am Cotnn ol Hide & 1. o Jon Sacuriilen Linseed 011 Toromotise 15¢th, FRANK L. WOODARD, oct2idaw Treasurer, JOSEPH BRADFGRD, Book Binder. Blank Bools Mads and Ruled to Order. 108 BROARWAY. Telephoua 243 STEP IN AND TRY 6UR 35c DINNER From 12 to 2 DEL-MOFF CAFE, Ground Floor 19204 AUTOMOBTIE STATION, ® 3 Co't, & Otia Strcet Automobile and Bicycle s Gensral Ma- vima work. Jobblax ‘Phosa Smelting & B.. it el Foiiirtes o Sugar Refning 1100 Tol & Tel...o... bace pid 9c0 Am. Woolen ; {nacenda Mining o, Atchison 200 Do. pd ... 190 Atiantic Coust. iine. 100 Raltimore & Oblo Wwest. w50 & o Great Colorade & Southera Consolidated Gas Corn Products Deiaare & Hudsin .. " Denver & Blo Grande. -t ) 1500 Distliers’ o Tate . e Do, isk 160 Do: 20 pld . Geliara Tier Cuities Frrny W Creat N 21200 B O e carried | iter Hatvesicr — Tntes Marine ot International Pump - s Central . Kansa Cits Southers . Do. vd 105% 106% 6" 146% Norih Americon Northern Pecie Pacifie Mail . Penuisylvanie | Preased Sicel Cir. Pullman Palae Rallway Stoel Readlug ... ... Repubiie *Steel’ 3 29000 e oo Tennesses Copper Texas & Paciic Toledo, St L. & W o Trlon Pacitc Po. o 2 g taies Tealis. s Rubber. . Statcs Steel... Do. pfd . Ttah_ Copper Ya. Carciina, Wabash . Do. ot 100 Western Hiaisiend 11 00 Westinghionse ~Electi: Western Llon Chom New Yo oney on call normal, no loan: loans casy 80 days 4 5-5404 T cent.; 9( and six months mercantile peg er @t v @4 3-4. 1 t ime ey i e et Bl ing exchange steady at 4.82@482.15 for 60 day bills and at 486 for de- mand. Commercial bills 4.81 1-2, silver 55 1-2; Bar Mexiean dollars 46, 2 COTTON. New York, Nov. 19.—~Cotion tut: closed Barely stezdy. Closi 'n\:;:? N'waxnw ki&. D-ena&n 1431, Jan- oary 1426, .28, March 14.42, April 14.48, May 14.55, Fune 1451, July 14.51, August 14.22. Spet closed quiet, five oints high- er: middiing uplands 14.55: middiing sulf 14.50; no sales ments the man at the helm was lacking in resource strategy. Summary of Game. Yards gained by rushing, Yale 117, Harvard 210; yards gained by punting, Yale 692, Harvard 641; yards gained by onside kick, Yale 0, Harvard 75; yards gained by forward passcs, Yale 0, Tarvard 26; yards gained by Tunning back punts, Yale 78, Harvard 86; yards gained by kickofts, Yale 93, Harvard 0; vards_gained by running back kick- offs, Yalo 1, Harvard 35; number, of fumbles, Yale 1, Harvard 3; number of first downs made, Yale 5, Harvard 16; number of times held for downs, Yale 1, Hazvard 1; attempts at field goals, Yale 1, Harvard 1; yards lost by pen- alty, Yala 45, Harvard 45. HEAVYWEIGHTS VS. SPEEDWAYS Fast Game Played on the Cranberry Lot Sunday Afternoon. What proved to be the fastest and best played game of the season took place’ when the Greeneville Heavy- weights lined up against a strong con- tingent of pigskin booters, sailing un- der the nmame of the Speedways of New London, Sunday afternoon, before a crowd of about 800. The game was called at 3 o'clock. Captain’ Flaherty of the Speedways won the toss and chosen to defend | the south goal. Cummings kicked off to Fiaherty, who rushed .it back 15 yvards. After two unsuccessful at- tempts to buck the line the ball was booted to Super who rushed it back 20 yards. The game was mostly a kicking bat- tle in which Cummings far outshone his opporient. Grady shone 4t left end. The touchdown occurred in the last part of the first half when Cap- tain Sweeney recovered a punt on the Speedways' 10 yard line and carried it over the goal line. Cummings kick- ed the goal. The Heavyweights' backfleld worked like a machine and much credit is due to Head Coach McIntyre, who was ca- pably assisted by Champ Henderson. With 3 minutes to play Quarterback Gadle was injured and rcplayed by Siweeney, J. Quinn taking care of righ end. The lineups: Heavyweights—Grady le, Purple 1t, Hendergon_lg, Corey c, Kendall, D. Quinn rg, J. Quinn rt, Sweeney (capt) re, Gadle gb, Super lhb, Johnson fb, Cummings rhb., _ Speedways—Ls Bliven le, J. O'Neil It, 3. Shea 1g, Murray c, Kent rz. Lyons Ti, Greene re, Flaherty qb, Bliven 1hb, Shea fb, D. Shea rhb. Score 6-0. Twenty-minute halves. Referce, Popham. Umpire, Burke. As this is the last weel of football in the city a large crowd is expected to witness the two remaining games on the Heavyweights' schedule, Thanksgiving day they play a tie off with the Cedars on the Shetucket campus. The game is to be called at 10 a. m., end Sunday they play for the champlonship of the city against the Independents. GRENEVILLE LIGHTWEIGHTS DEFEAT BALTIC A. C. TEAM. Fast Game Played on Baltic Campus Saturday. | ! l TThere was something doing when the Lightwelghts of Greeneville met the Baltic A. C. team on the Baltic campus on Saturday and_defeated them by the score of 5 to 0. It certainly was a fast game. It was about tne last part of the f?sL period when the Baltic team fumbled the ball in the middle of the field. While the players of both teams were trying to get the ball, Edward Kendall, the right guard for the ight- weights, picked It up and ran about 45 vards for a touchdown,saving the game for the Lightweights. Johnson tried, but missed the goal. Supa and John- son were the stars of the ithgewtihgs son were the stars of the Lightweights, while Roy was the star for the Baltic team. The Lightweights will play the Baltic A. C. on the Shetucket campus Saturday, October 26th. WICKS TO RUN IN YONKERS MARATHON Norwich Distance Man Wiil Be Con- testant in Big Field on Thanksgiv- ing. William H. Wicks, the State hospital runner, is to be an entry in the Yon- kers Marathon on Thanksgiving day, expecting (o be among the prize win- ners in_this big event. Since he ran in the Brockton Marathon Wicks has kept at his training without a letup and feels that he is in good condition to g0 up against the big feld of crack runners which always enter the Yon- i 2 Y Nomwich' Town Defests 'P. A. €. Jrs, kers event. This year the last nine miles are to be run on the racetrack at the Empire City park, affording a fine view of the finish for the spectators. ilver cups are awarded to the first cight to finish and sliver medals to the next 25. Wicks expects to have one or the other of these silver trophies to show upon his return. ABE ATTELL PLANNING FOR LIGHTWEIGHT CHAMPION Thinks He Is Able to Take Title Away from Wolgast. Abe Attell, who is matched to box Pal Moore on' the 22d, is planning far ahead. Abie wants to fight Packey Meclariand next, and says that Packe; is willing to do 135 pounds at two o'clock for him. And the next match for him, according to Ay Lippe’s plans, will be' with Wolgast—providing that ‘Wolgast doesn't conveniently break another arm in_the mean time. Attell thinks he can beat Wolgast and take the lightweight championship away. Abie has heen featherweight champion so long that he's tired of the title. There's one thing about Attell that deserves mention—he isn't afraid to fight lightweights. He went after Nelson in Philadelphia when the Dane first came east with a big reputation, and fousht him again—fifteen rounds —in San Francisco. Attell fought Wolgast a ten-round no decision bout in Los Angeles two years ago, and didn’t have much trouble with him. President Lynch Approves Contracts and Releases of Players. New York, Nov. 20.—President Lynch of the National league has an- nounced approval of the following contracts and releases: Contracts—With Cincinnati, John W. Bates, Georgo McQuillan and R. J. Egan, all 1911; with New Yorl, Arthur Devlin, 1911, Releases—By Bostons to Indianapelis (A._A), Gustave Getr; by Cincinnati {o Birmingham (S. 4, Arthur Phe- an. Would Like to Arrange for Basket- ball Game. The Young Americans of Putnam, a 20 year old, 150 pound team, of bas- ketball plavers would like to arrange | games with teams away from home. | All wanting games can arrangze them by applying to A. Lax 7, No. 2 Hizhland View, Putna Eight Teams Qualify at Duckpins. In the duckpin: tournament at the | Rose alleys the following eight tear i qualified to roli off this week: Hili- | McClafferty 670, Cole-Hill 663, Hill- | Stone 688, Combies-Sturtevant 684, | C&la—-%{‘cscl%u erty 634 Combles, Lig: 'S 3 -Sturtevant 692, Sturte- ant-Stone 700, High singie prie Was taken onx Sat- ;fl‘r;iay by Liggins ‘with e £wring of On. the Norwich T a0 on Sat-| rday the Norwich’ Town ream o rooms .as o memento of ome of the|auto road race at Los Angeles are go- hardest fought games vet plaved: be- }fi: = me twmfl”gn;:: By aro tween the blue and the erimson. | 80" "Phe date for this wnidue same Saturday’s Football Results. is ‘the might before Thanlksziving d.lyA : Harvard 0, Yale 0. | ‘Herbert, the football expert of the At M mapoiin Annapotis " 8. “New | New York Thnes, eays that Brown has York university 0. 12, Johns the best eleven in the country today. t Baltimore: At Ann Arbor: Michigan 6, Minneso- to play a return game probably next Suurdly? . BANQUET FOR THE BLUE. Big Gathering of Old Yal New Ha: Lawn Club, New Haven, Conn. Nov. 20—With almost as much enthusiasm de it Yale | H Trinity beat New York 12 to 6 in a hard York Wednesday. i scored on an intercepted forward gnd later on o mufted punt Then punting duel secured the ball Carlisle This is said in spite of the reverses kins 0. the Providence coilesians reccived as it the hants of Penu:ylvanla and Har- had beaten Harvard, the Yale eleven | ke : - . : Trinity 10 yerd line and and substitutes were given a banquet| At Madison, Wis.: Wisconsin 10,| Jddie Hart is one of the four Prince- Saturday night at the New Haven | Chicago 0. o e e n Pes adn nongred | cross for & touchdown. Lawn ciub, and it was attended by a| At Annavpolis: St. John's 6, Maryland | with re-election in the history of Jun- . ————1 bigeaaring of ad. Tale' ‘players | sgrialufal 0. gletown foothall. Arthur roe, one of | guio ong “BROMO QUININE® Julian W. Curtiss, as usual, presided as toastmaster. Spceches were made by Walter Camp, Tom Shevlin, Captain Daly, Carroll C. Hincks, manager of the eleven, Howe, the quarterback, George Foster Sanford and severa' coaches. It was expected that Yale Would elect @ captain for the' coming year at this banquet, but the elcction was postponed. LICENSE FEE OF $1,000. . New York State Legislature May Im- pose Licenss Fee Upon Boxing Clubs. New York, Nov. 20.—The next ses- sion of the New York state legislature will be asked to pass a bill imposing a At Hoboken, N. J.: Rutgers §, Ste- vens . ‘At West Point: West Point 17, Trin- ity 0. “At Providence: Brown 49, Massa- chusatts Agricultural 0. At Boston: Holy Cross 14, Tufts 0., ‘At Washington: Georgetown 14, V. M. 1. 6. = ‘At Kaston, Pa.: Lafayette 14, Lehigh 0. At Philadelphi men 25, Cornell & At Lafayette, Ind. due 0. et At Canton, O.: Case 12, Mount Union athietes ever turned 1s one of the quar- the most famous out at Princeton, tette. The Philadelphia Record says: “It s interesting to note that the shift play that Tom Skevlin, brought to New Ha- ven last week and with which the Elis gained so well against Princeton was first introduced ot Pennsylvania in 1899 by George Woodruff.” Shortstop Bobby Wallace, who has been playing in the leagues Toxl nearly twenty yea ated to man- CASTORIA For Infants and Children. fi?fi!“mk tTm nwm?! . ok for the 3 W. GROVE. Used the World over to Cure a Cold in One Day. 326c. - LEGAL NOTICES. DISTRICT COURT OF THE UNITED States for the District of Commecticut. In the matter of Perrin & Stevenson, as a partnership and _individually, Bankrupts. In Bankruptey, No. 3363. Upon Petition for Discharge. Notice is hereby_given named Benjamin V. Ste ton, Massachusetts, has fled bie appli Pennsylvania fresh- hinen 6. Indiana 15, Pur- appl cation. dated Nov. 19th, A. D. 1910, a discharge from all hi$ debts in bank Tuptey, and that all hls creditors and Siher porsons Interuu&uwzlecu o scharge, may _ atten Rings (A Browning, Esq. Heteree i 0. At Portland, Me.: Bowdoin 5, Wes- leyan 0. ‘At Cleveland, O.: Western Reserve 6, | Dennison 3. | ‘At Columbus, O.: Ohlo State 0, Ober- licensa fee of $1,000 @ ysar upon boxing s A, Browning Esq, Re : s thas Narring the fy by gt at- |n 0. S o e, | The Kind You Have Always Bought | Exmirwnicy, et bis gttcs 1 Yorwich in fairs, and a._commyission of physicians | At Champaign, 1il: Illinois 3, Syra- | SaId COUSY ember. A. D 1910, &t 10 to examine boxers and see that they | cure 0. | Bears the o'clock in the forerioon, fhen ana there physically fit will be urged. Fights fo examine the bankrupt and to show o twenty rounds are proposed. with Signatu.e of cause, if any they have. why such dis- SPORT NOTES. Tourteen former Penn have come out flatfooted_in condemna- tion of the new football rules. All agree than the game has suffered from too much leglsiation. charge should not be granted. % AMOS A BROWNING, Referce in_Bankruptey. Norwich, Conn., Nov. 19th, 1810, novild the referee under instructions that he must prevent a knockout at all haz- ards. The commission, appointed by the state officials, if the bill becomes a law, will be asked to appoint official referees who have a thorough know- ledge of the game, to adoot a set of umiform boxing rules, stipulate the weight of the glovee, the time for weighing in and all other conditions. The backers of the bill believe that under state supervision they may con- duct these fight clubs in stch a way as to open the way for longer and bet- THERE 1s no advertising medium in Tastern Connecticut equal to The Bul- etin for busihiess results Maxwell Automobiles Established Eaviable Records During the Past Season Judge them by their performances and not by what people tell you they ania stars are Cozens of Pennsyly nold of West Point. Cozens did re- markable work against Michigan and was very fast on the defense. John I Taylor of the Boston Red | Sox announces that he wiil construct a new ball park in Modern Athen: ter fights in the future under state con- g o trol and with every aseurance of safety | SYRCTLe A5G stecl stadium. ip the BCEl 1y "a0 Mooy 'do not work wonders today and “lay down” tomorrow, but f 10 pEblio dnd fgliters. spectators. give their owners the sama reliable and efficient service 365 days in the for a demonstration at year at the lowest possible cost of upkeep. Call The M. B. Ring Auto Co., Telephone 23 fl,.,e,St_T.t Street Spectators at the Annapolis-Carlisle game last Saturday say that the In- dians got a raw deal. "hey claim that Dalten repeatedly hurdled the line and that the navy was not penalized for the numerous offenses. The promoters of the Santa Monica ‘Will Toss for Pigskin. New Haven, Conn., Nov. 20.—Yale and Harvard will toss for the ball which was used In Saturday after- noon's e. Just when has not been settled, but §t probably will be soon. Each wants the pigskin for its trophy $200,000 Northwestern Timber Go. HARTFORD, CONN. Ten Year 6% General Mortgage Bonds (The above is part of an Authorized Issue of $300,000, $100,000 of which has already been subscribed for.) DATED JULY 1, 1910. DUE JULY 1, 1920. DENOMINATIONS $1,000, $500, $100. INTEREST COUPONS PAYABLE JANUARY AND JULY. : TRUSTEE, CORPORATION TRUST COMPANY, NEW YORK. General Manager and Ist Vice-President EVERETT J. LAKE, Hartford, Conn. President W. E. BURNHAM, Bridgeport, Conn. Director SIDNEY E., HAWLEY, Bridgeport, Conn. Director CLAYTON 8. BOIES, Seymour, Conn, Director BRUCE N. GRIFFING, Shelton, Conn, Director EDMUND DAY, Seymour, Conna. 2nd Viee-President JOSEPH BRUSH, Greenwich, Conn, Director and Counsel CARL FOSTER, Bridgeport, Conn. Director and Treasurer WHITMAN 8. MEAD, Greenwich, Conn, Bonds will be retired—by lot—in accordance with the following schedule, at the respective Premium indicated: July 1, 1916, 1-5 ($60.000) at 120 July 1, 1918, 1-5 ($60.000) at 110. July 1, 1917, 1-8 ($60,000) at 115. July 1, 1919, 1-5 ($60,000) at 108 July 1, 1520, 1-5 ($60,000) at 100. @ecurity:—225,000,000 feet of Merchantable Standing, Tidewater, Timber—90 per cent. Cedar—making the bond ue less than $1.30 per thousand feet of Timber. The Directerate of the Company The immediate management and direction of the Company’s affairs ia in the hands of Everett J. Lake, of Hart- ford, General Manager of the Company. At present prices for Cedar logs, by selling its timber as logs, the Company can realize a sum equal to more than 350 per cent. of its bond Issue. made up of Connecticut business men, well known throughout the State. Afanufacturing its timber into lumber and marketing it as such (which 1s the Company’s plan), should insure (in adadition to returns sufficient for the retirement of bond and operating expenses) liberal returns on the Com- pany’s stock. As far es is practicable, the Company will delay operatlons and manufacturing and selling its timber untsl ths opening of the Panama Canal, now assured for December, 1913, which should reduce present frelght rates on lumber (321 to $26 per thousand feet) at least fifty per cent, and make the markets of the Eastern part of the United States and of Burope more accessible and much more profitable, The above 225,000,000 feet of Merchantable Standing Timber—approximately 10,000 acres—securing the Bonds, is divided as follows: Red Cedar 60 per cent, Yellow Cedar 30 per cent., other Merchantable Timber 10 per cent. In addition to the foregoing. there is a large amount of Red Cedar and Yellow Cedar suitabls for telegraph, tele- phone and electric lighting poles, piles, etc,, approximately 500,000 railroad tles, and a large amount of fallen Red nd Yellow Cedar trees. All the foregoing is on tidewater, giving the Company the advantage of water transports tion, and adding substantially to the value of the property. Attention ie invited to the following statements regarding this particular timber, taken from reports of Tim- r Crulsers, Forest Engincers and Timber and Lumber Men familiar with conditions, coples of which will be fur- nished upon request:— F. 8. BUCK, President Cedar Lumber Company, Ltd., Vancouver, B. C.t “We are now and for the past twelve months have been operating on timber, from our limits on Gilford Island, . We regand Yellow Cedar as the most valuable cedar on the Pacific Coast” T. B. MCELHINNEY, Timber Cruiser: “This property is by far the best tract of Cedar | have ever seon or cruised in this section of the coumtry during over four years’ constant cruising, and including much of the best timber. “The proportion of Yellow Cedar to the whole is unusually large and the grade and quality fs exceptionally high. Much of the Yellow Cedar which | saw is from 12 to 18 feet and over in circumference, and the large tree; will scale ten thousand fest and over per tree” A. J. ANDERSON, Vice-President Cruisers’ Timber Exchange, Ltd., Vancouver, B. C.: “Referring to Yellow Cedar and the merits of the wood, as compared with other products in this Provines there can be no doubt but that it is the best quality of timber that grows in British Columbia, and it will com- mand a much higher price than any other native wood.” Bonds will be ready for delivery December 1st. Advance subscriptions or reservations for the remaining bonds will be received by the Company, until December Ist, at par and accrued interest, — Bonds subscribed for, prior to the above date (December 1), to carry an equal amount of stock of the Company as a part of th: same consideration H --the right being reserved Ad i to award a smaller am cations for reservation of bou Northwestern Timber Company, . HARTFORD, CONN. e fosihalliexpetts defeated the P. JIrs, 32700 10 The teams are