The Tribune from Scranton, Pennsylvania • Page 12

1 v. i THE SCHANTOX KKPUHLTCAX, THURSDAY, JUNE 28, 1923, 12 MAYOR WILL1 VETO LEASE RESOLUTION City Executive Refuses to Approve Measure Adopted by Council Tomorrow 'V: 423 Lackawanna Ave. OBJECTS TO SOME CLAUSES City Fathers Expe: I to Pas Resoluion Oyer Kb Veto Tomorrow 1 Mayor John will veto the resolution adopted by the. council last week, "directing and 'authorising himself and Director of Public Worlia William LaFontaine to execute a lease between the city and the Glen Alden Coal company for the proposed Belle vu playground site In Luserne street. The city following a session' with the public works director yesterday, said that he would not approve the resolution sent to him last Saturday, after it had been.unanl mousely passed by council.

His veto will in all probability sent to the city fathers for their meeting tomorrow afternoon, Inasmuch as the ten' day period allowed Mm sign or veto the message will A Comprehensive Assortment of Stout Vomen's Apparel There's a familiar saying "No one loves a fat man" and so, when proper regard is shown for him, he is naturally appreciative. Ve are one of the comparatively few houses in Scranton that specializes in attire for stout women. They know we can please them and we have the reputation and distinction of holding customers because we give you 100 satisfaction. Stout Summer Dresses of the Better Kind Shantung, Canton Crepe, HanddVawn Linens, Pongee, Normandy, Voiles, Flat Canton, Foulards and Tub Silk. $10.95 $14.95 $19.95 $25 $30 Sizes From to S2YZ In All Shades rj a.ig lis a nr i i 2 11 in mrrm rr mvis avi 1 The Management of Hotel Casey Takes Pleasure In Announcing the Opening of an Office of the Roshanara Knife Pleated Skirts BLACK, NAVY, TAN, GRAY AND WHITE Lackawanna Motor Club 11 11 .95 EXTRA SIZES WAIST BAND UP TO 40 Hotel DECIDED REDUCTION IN STOUT Coats, Wraps, Suits, Sport Goats And Dresses Bureau Information Touring at the disposal of the members of the Motor Club and the OF THE ORIGINAL PRICE 25 REDUCTION Every one of jhose garment can be worn for next Fall, and as a merchandise for next Fall we advise you to take advantage of this reduction.

nave expired jbeforei the next meet lng, on Friday, July 6. Vaas atetolntloa Over Yeto. The council will undoubtedly pass the resolution over the mayors veto, and the next step will then come from the mayor. He declined yesterday to eay what his course of action would be In this event, but Indications are that he will refuse to sign the lease for. the plot of ground.

Mayor Durkan declared that the provision Inserted In the lease by the coal company were "drastlo and flagrant," and entirely unlike any other document which the city has entered Into In taking over land. He cited the clause which' provides that the city shall assume all liability In the event of the injury or death of any person using the ground, and said that he would not consent to any such agreement. Residents of Bellevue, representing the Bellevue Civic association, have asked council to provide them with a playground, and It was their urgent request that the resolution was adopted last week. The city's mining engineers, James. B.

Smith and J. Rossa McCormick, have pronounced the traot "absolutely safe," so far as surface disturbances are concerned. MALONEY'S STATEMENT ABOUT WAGE INCREASE Chairman of Lackawanna Sys tem Federation Discusses It 1 J. Maloney, chairman of the Lackawanna System Federation, yesterday issued the following statement with reference to the wage Inorease announcement by the Delaware, Lackawanna and Western Railroad to go Into effect on July 1: Todays Republican contained a nevs ar ticle th aubatanc of which was that an agreement wu reached between the Lackawanna railroad and lta shopmen whereby wajre Increaaes would be made effective July 1 and that "mechanics in class A grade, will after July 1st be paid at rate of 3 cents an hour." No doubt this latter statement was featured innocently enough and bo blame attaches to th Republican. I deem It necessary "In the Interest of Jus tic and tnat tne run meaning 01 ine statement ouoted be understod to give the facts as they appear in the so called "agreement" a copy of which I have relating to th "Grades" and th rates applicable to them.

Th company agreement provides as many "Grades" as there are letters In the alphabet. Each "grade" covering a eertaln elaaa of work, and a certain rat of pay. Grad A covers "time eetters" Dcttr known to shop workers as "piece work checkers." I have mad a survey for the purpose of discovering If ther was any aueh species In th employment of the Lackawanna at th present time and I cannot find on. So that th 13 cent rat that such a halo has been spread about Is but another "will o' th wisp" and apply to no one except it oe a boss. Grada advanced from T8 cents' per hour would cover about 18 men out of a total of 2800 In Scranton alone.

That'a the number that couM poalbly claim that rat her Aim at the Of their work, 1. e. laying out, die making, tool ronkinsr and men who swear to locomotive Inspection report. HrarlA advanced from 73 to Tl cents per hour would cover about 50 per cent, of our mecnamcj. unis, too.

Decaus 01 classification. Urad advanced to 77 cenis Jiiiy would apply to about 22 per cent of our mechanics. Grade paying 3 cent, appiys to "locomotive Inmection" or about 10 men at the moat out of our 2800 aaopmen on strike. Oracle increased to 7 cents, covers soring riaeing. steam pipes, engine trnck work, lire doors, boiler fronts, running hnHi hand rnil.

brake risking." etc. This work prior to July 1, 1022, was paid the rate of 77 cents per hour and even the discredited Labor nonra auowea iv cents for this class of work. This grsde would affect 25 per cent. Grade increased from 68 to 85 ents nH rovpr the operation of turret lathes, bolt lathes, turning lathes, etc. This grade, rate ana ciassincman would affect about ,15 per cent ef our machinists.

Grade wnicn is wruien to rovn wnrw classlfle.1 as Helpers, includes a eonslderabl? amount of work that was formerly reeogniien as emuea warn nnirinr mprhanlcal ability. The work Includes "stripping of locomotives, apply ing and removing couplers, operating grinders, applying ournal bearings, ci ras ulnrlv recognized helpers work. The number of men affected by this grade and its rate, and there are 9 rates in this grade would embrace near lv 17, per cent of our mechanics. The highest rat Is 62 rents, or a reduction of 16 cents from that of June 80, 1922. Th work ciassinea nuuve cuvcm machinists, selected in order to cover the matter briefly, ine same 'oe i Lig ations, rates, ajipiy like to th other trades, composing the Federated Shop Crafts i.

blacksmiths. Boilermakers, carmen sheetmetal workers. molders. TKn "iirnmni" between the associa tion of employes nd the company was written by ine company entered with men representing an agencv from New Tork City, whose only interest is to se that the. Interest Is protected at all hazards.

The Lackawanna officials must get something more to attract our attention than publishing of wag increase that mean nothing. It's funnv the effort th company makes to arouse the public Into th belief that company Is a most benlflcent emplnver. I haven't th least doubt that one of ths reasons for 4 ha reease of the xn news wasio set th people specially th business men asking why the shopmen wouldn't go bacK to work at such wages. Well I believe I speak for the shopmen In stating, that while have bejn on strike for nsarlv a year. we nre willing to i than led Into a trap that would man handle us for the resti or I regret necessity of continuing this fratricidal strife, but as nothing els can be honorably done es'long Lacka a haat to.

treat Its hirelings a a preferred class, we must continue along the lines we have mapped out f)rm lv convinced that In the end. our cause being ust. will succeed. As to our posl tlon are relatively stronger today than we were at any time eince th strike. Our men are mor determined to see this fltrht through and therefore betler fighting fore than they were a year ago.

tj; GREEN RIDGE Vrwnrtw League of Asbury Methodist church had a picnic last Thursday at Moosic iKe. ie party was chaperoned by. Dr. and Mrs. J.

W. Nicholson. The Asburv Metnooisi ounaay scnooi win hnid Hi annual nicnle today at Nay Aug park! Automobiles will 'be provided at different parts of Green Ridge to convev the Sunday 'school members totne parx. tr. and Mrs.

IL B. King and family, of Wyoming avenue, spent the week tid at th iPalls. Charles Foster, of SOI), Grandvlew street, is connnea to his nomeswitp Robert Parker and family, of Delft' ware have gone to their cot tage at Utke Kewanee for the sum mer. Miss Harriet Barton, of Penn avs was performed by Rev. Martin Jordan.

The bride wore a gown of white Canton. crepe trimmed with Spanish lace and a hat to match. She carried a shower bouquet or bridal roses. Miss Clara Hoban, of Scranton, who assisted the bride, was similarly attired. The groom was attended by James Ward, of Syracuse.

After a wedding breakfast at the Hotel Casey Mr. and Mrs. McLaln left on a wedding trip to New York end Atlantis Citv. They will reaide in Fourth street, Blakely. A very Campbell.

At 10' o'clock this morning Mis Loretta C. Campbell, daughter of Mr. and Mrs. W. H.

Campbell, of Delaware avenue, and Robert M. Avery, of Buffalo', N. were united in marriage In St. Patrick's parochial residence by the P. J.

Murphy, LL. D. The bride was attended by M'ss Anna Burke. Joseph Campbell, a brother of the bride, was best man. Following the ceremony a wedding breakfast was served at the home, of the bride.

Later and Mrs. Avery left on a motor trip through the New England states. They will reide in Buffalo, N. Y. WOTZ.

Mrs. Thomas Ford and granddaughter. Miss Margaret O'Herron, are visiting relatives in Groveland. N. Y.

Miss Rose Corcoran is spending her vacation in' Philadelphia. Miss Kitty Foce. of Baltimore, is the guest of Mr Mrs. John Murphy, of South Valley avenue. A garden party will be held on the lawn surrounding the Mid Valley hospital Thursday afternoon and evening.

Fanev work apron and refresh Whlfe's Krew will furnish music for All are cordially invited. Miss Margaret Fallon is visiting relatives in Philadelphia. Miss Muriel Doljtiky is spending a ftw werkgMn New'York. Kelly Is attending the MeLuskie Ward wedding af Dunkirk, N. Y.

John Buke is spending, the week at Dunkirk, VI' j. MeKulty. has returned from South Carolina. The simplest way to end a corn is Blue Jay. Stops the pain in stantly.

Then the corn loosens and comes otrt. Made in clear liquid and in thin Tn I action is the same. Blue jay the Service of a sey Lackawanna Trail JIM. 'V mass Mrs. Autin Kearney, sang "MS Rosary," and at the offertory of the mass, Frof.

W. A. Kelly, Miss Kath rj Foote and Mrs. Austin Kearney s.ing "Jesu Del Vivi." As a recessional Miss Koote rendered Goodwin's Ave Maria; A reception was neia and a weding breakfast was served to the briaal party and tne lmmeaiaie the bride's parents on Main street. Jn 1.

gftftrnnnn i a A AffB ffAnHfOTTT left on a wedding tour to Philadel phia, Atlantic. city ana Trenton. j. They will reside in a newly furnished borne In North. Main street.

Snillvan Scott. At 9:30 o'clock Miss Margaret Scott, daughter of Thomas Scott, of Rock street, became the bride of. Joseph Sullivan, 'of' South Main street. The ceremony. Was by Rev.

White, of Pittston. Father wnite was also celebrant of i' the nuptial mass which followed the ceremony. She was attended by ''Sister, Miss Helen Scott. Joseph. Ratchford, ef place, acted us groomsman.

After a wedding breakfast which was served at the home of the bride's and Mrs. Sullivan left On a wedding trip which will include New York and Atlantic City. They will reside on Hill street. JERMYN LOST Saturday, a white poodle, dog. Answers to the name of P.ex.

License 803Z. Call, Edward L. Dorrell. Fourth Jermyn. Reward.

New Phone j043. Adv. OLYPHANT, TO DECIDE FATE OF OLD HOUSE OLYPHANT," June 27. All those' who attended 'the 'sixty' flye vear old" school. hoiise.

in Oiyphant, will meeuat.S d'cloek Thursday night in Oiyphant, high school, auditorium, to' determine the form of ceremonies that will mark the pasing, of this old At a. meeting of the 'alumni of the school, held last week, i various committees were formed. Their eporta will be. submitted coming meeting. The schdo! house1 has occupied Us present site foraoout aixty.flve years.

It was abandoned a school, house thirty years ago. The property on which, the building stands, was recently sold and the building was given to St. Patrick's church. Father Murphy, of the1 church, has suggested giving the building to Miss Mary Jane Mc Hale, who taught In the school for flfty one years. 1 The building could be moved to her property, about five blocks distant.

The suggestion meets with the entire approval of the former school members, and the people of Olyphatft. MISS marTfadden WEDS BUFFALO MAN June' 27. In St. Patrick's ohurch this morning at o'clock Miss Mary Fadden. daughter of Mrs.

Martin Price, of Elm street, became the bride of Tnomaa McLaln, of Cleveland street. The ceremony Lobby Ca In Offering the Hotel Casey. Ho "At the Start of the Mr. and Mrs. Patrick Scanlon, of Hill street, became the bride of James Malia, of Chestnut street.

The cere mony as performed by Rev. John F. Carroll, who also celebrated the nup tial high mass which followed. The bride wore a gown of white chiffon with Spanish lace draperjes. She carried a shower bouquet of white roses.

Miss Rose McDonnell, of South street, was her bridesmaid. Anthony Malia, a brother of the groom, was best man. Prof. W. A.

Kelly rendered a solo during the ceremony. At the offer tcry of the mass he sang Rosewlg's "Ave Maria." Prof. M. A. Ruddy, church organist, played the wedding march from Lohengrin as the bridal party entered the church.

'After a wedding breakfast was served to the bridal party at the home of the groom on Chestnut street. In the afternoo Mr and Mrs Malia left Buffalo and Niagara Falls, where they will spend their honeymoon. They wilf reside on Academy street. The bride is well knownrhere and for the past, few years has been employed as a teacher in the Riverside school. She has a.

legion of friends who extend to her and her husband their best wishes for happiness. The groom is a veteran of the World war and is the proprietor of a grocery store and green market In Main street. Kelly Burke At 6 o'clock this morning In St. Thomas'. church, Miss Stella M.

daughter of Mrs. Kathryn Burke, of Salem street. became the bride of Joseph Kelly, son of Michael F. Kelly of Church street. The.

reremonv was performed by Rev. T. Comerfqrd pastor of the church, in' the presence of a large number 'of relatives and friends of4 the couple.1 Her brides. maid was Miss Margaret Mahady. Gerald Munley.

of Pine street, w.is the groom's attendant. During the': ceremony iflss Stella McHale, of Scranton; a cousin of, the bride, sang "My Rosary," and as the bridal party left the. church she ren dered Rosewlg's "Ave After the services church a reception was and wedding breakfast was 'served to the immediate families at the bride's home. The bride for the past few. years has been secretary for Superintendent W.

A. Kelly, of the public schools. Mr. Kelly is well known here and throughout the valley. After spend ing a honeymoon trip which will in elude New 1 York and Atlantic City they will reside on Salem street.

MoAndrew O'Kourke. At 8:15. o'clock Miss. Helen Pauline daughter of Mr. and" Mrs John F.

O'Rourke, of Main street, was united in marriage to John J. McAn drew, son of Mr. and Mrs. John Mc Andrew, of Chestnut street. The cere mony was performed by Rev.

T. J. Comerford, pastor of the church. Rev. Comerford Was also celebrant of the nuptial high mass which followed.

Miss Mary O'Rourke, a sister of the bride, was the bride's attendant. The groom's attendant was his brother, Thomas McAndrey, Raymond O'Rourke, brother of the bride. an1 Arthur Mc Andrew, a brother of the groom acted aa ushers. During thy Casey patrons of nue, daughter of Mr. and Mrs.

J. P. Barton, returned home from Paterson, N. where she has been a teacher during the past year. MANY AUTOS EQUIPPED WITH SHOCK ABSORBERS Hartford Appliance Largely Used, Survey Shows a recent survey made by the D.

G. Nicholas company, 53S Wyoming avenue. It was found that of twenty one makes of cars checked up, there are 3.428 cars of these makes in the Scranton territory equipped with Hartford shock absorbers, which are sold on a satisfaction or money back guarantee. In addition to this number of Hartfords on oars checked, there are about 600 sets distributed among other makes of cars. In speaking of the Increased de mand for shock absorbers by motorists, Mr.

Nicolas points out that it la only logical that as motorists become better informed as to the true value of shock absorbers eventually every car will be equipped with Hartfords or some ejther shock absorber. To quote Mr. Nicholas: Dne rarelv sees a car on the road without a spare tire, yet spare tires are frequently unused during thous ands of mllos ol service, while shock absorbers perform a needed service over every inch of ground. They not only make every road a boulevard by eliminating holes and bumps, but they protect one's Investment In his car by greatly prolonging the life of the ear througn elimination or tne terrible haking up and vibration cars not so equipped must suffer, to say nothirg of the passengers' comfort. "The great majority of people pur chase cars on the time payment basis, usually completing their payments In a Every such person can protect their investment in the car and keep the car in so much better shape if equipped with Hartford shock ab sorbers that at the end or tne year.

when the last payment is made, the car will be In better condition thnn one used but a month not equipped with shock absorbers." EMPTY CARS DERAILED IN CLARKS SUMMIT YARD Several empty cars were derailed on a Biding in the Clark's Summit yard of the Pelaware, Lackawanna and West ern railroad company last night. No one was injured. At the office of the company it was said that the derailment did not inter fere with traffic ARCHBALD ST. THOMAS' CHURCH SCENE OF FOUR NUPTIALS ARCHBALD, June 27. One of the most beantlful of June weddings took place In St.

Thomas Aquinas church at o'clock Wednesday mnrtilna when Miss Ttna ficanlon. of Academy street, daughter of the late OF THE ORIGINAL PRICE RESTRAINS CORPORATION FROM PAYING DIVIDEND WILMINGTON'. June 27. Chancellor Wolcott, in the court of chancery today, granted a preliminary Injunction to restrain the American Public Utilities Corporation of Grand Lapids, from paying a dividend on the new preferred stock, due July 1, before they pay the accumulative dividend on the old preferred stock. This restraining order stands in ca.se a final disposition of the action is not made before July 1.

TJie accumulative dividend on the old preferred stock amounts to 24 per cent, in cash and per cent, in script. The application for the Injunction is made by four stockholders of the company who live in Philadelphia. CHICAGO CHAIN CHICAGO. June 27. Inf luenced largely 1t weakiiMs of the New York Slock market ail future deliveries of wheat fel today to a new low price word for the atason.

The close waa unaettled at to 314 net decline. Kepi timber $1.01, to Sl.Olii "nil December $1,011 Lorn finished to HJ down, eata Tar.viiiR from i ofr to if like advance, and nrovisiun at a etback ranging from 5 HKAT Open High Low Close 10 aj cema. Jul Sept, 11 ..1025, Wi 10IH 101'4 'i't io3i 10114 ioi vt RN: 1051,4 105, 104 23i 83H 2U 79 Tali 74 fT; OATS Jul Sept Dee I'OPK Blank. 41 411.4 41 41' 3T4 37V4 37i; 37U 39 I.AHO Jul 10.S5 10.S0 0.S2 11.07 11.10 11.02 11.07 HI US ji 9.00 Sm. 9.25 8.25 9 17 9.20 ash Quolatinna: Rye.

nominal; barley, 63: timothy aeed, fi.a(W.50: elover need, 50: pork nominal; lard, $10.80: ribs, EAST SCRANTON Final prepreatlons for the Petersburg Presbyterian Sunday School outing: today at Moosic Lake have been completed. The Boy Scout troop of the church has charge of the supply car from which refreshments will be sold at the lake. There will be two special cars leaving the corner of Prescott avenue and Ash street at 9 o'clock and alio two leaving at 9:30 this morning. Bszzr irzws irons. The Kpworth league of the Myrtle Street church will conduct a "Novelty Nlte" this evening in that church The program Includes a playlet by the members of the league and several musical selections.

Mr. and Mrs. Joseph Compton, of Union avenue, ar rejoicing over the arrival of a daughter. Mother and daughter are doing well. The East Side W.

C. T. V. will hold a special meeting this afternoon at the home of Mrs. F.

Laudig, of prescott avenue, Arthur Ruch, of Webster avenu left yesterday morning for Maryland, where ha will spend the Jummer in the Citizens' Military Training camp at camp Meade. Mrs. J. WV McCracken. of Myrtle street, wha has been visiting relatives in Penn Tan, N.

T.r has returned heme. Miss Anne Knoepfel, of Prescott avenue. 1s visiting friends in Kocn ester, if. T. OENEJtAi BOOTH DISS.

NEW ORLEANS. June 27. General Andrew B. Booth, 80 years old, adjutant general and chief of staff of the United Confederate Veterans, died at a local hospital tonight BITUMlfoUS OUTPUT DUE FOR FALLING OFF Anthracite Market Shows Much Activity XEYT YORK June 27. Coal Age In Its tomorrow will have the fol li'wiiiR in its review of the voal industry: "Signs are not lacking Hint the pro luctioi of bituminous coal, which has 1'ten sustaiined at an average of 10, fiO.OOfl ton per week through the first half of the vear, is due to fall oft dur ing July and August.

Industrial re vival is receiving a. setback fn the de creasing activity of the New England fxtile plants, where retrenchment in production of cotton goodshas been tug on quietly for the past two nths. It is reported that the steel 'iustry around Pittsburgh will sus iid operations for the entire first ek of July, ostensiblv because ol weather and Ini'vndence day tkbratlons In fact, however, buy ng of steel has not kept pact with production, and with decreasing or ders on the boosts the steel Industry Is understood to welcome a week's vacation. "Production of bituminous coal at the rate of 546.000.000 tons per year is generally concceded to be well above consumption and it is well in the trade that buyers have htcn taking in coal for storage in considerable quantities in the past two or three months. "The anthracite market Is exceedingly active; production is at high lvcl and distribution is keeping pace with production.

Dealers are. contending for coal on the one band and competing for customers on the other. Kvery new customer with which a dealer connected last winter is being favored with early delivery In the effort to hold him, while old cutomers are getting restless because they cannot get their hard LOCAL AND UNLISTED SECURITIES MARKE! By J. IT. Brooks Co.

The Public Utility issues have again the feature of the local market. he Pew lsspe of S790.00O Scranton electric Co. 6 per' cent, preferred was icklv absorbed by conservative in stors. This company has shown firnlngs considerably in excess of its nterest mil dividend requirements vcr a period of years and is regarded one of the most successful public Hitlty companies in the country. All the company securitoes are rated highly by Moody's Investor Retv this issue of preferred being tfd Sales of International Textbook ave ranged between 69 and 70.

The arket is now qouted 68'A bid, 70 asked, ex divllend. International Ed icational Publishing Company pre ferred tv Did, asuea. Btocts. Ansco Company stock is offered for hid. Uatiiurst t'o.

is still in cmand at 46. Bids are wanted for alifornla Orchards Vineyards 'lark Snover preferrel is offered for sale at 25. Bids are wanted for Oonnell Anthracite Mining Company. lee is wanted at 10R. Fast Bear Ridge Colliery is wanted at 33 H.

Bids are wanted for Hazard Manu ant lirir. rr Pnrmmnv fin will ha naM for International Salt. Mississippi itauroad is offered for a bid. block of New River Company pre errcd could be place if offered around O'Gara Coal preferred is quoted l)fl hid. 11ft akp1 Cmnnifin fo in Hu.

maud at 30. Offerings of reck Lumber are wanted. Scranton Lace Debenture is quoted 83 bid. 85 asked. The common Is in demand at 100.

Seranton Life Insurance is quoted 1 0 4 hid, II asked. Scranton Stove preferred AO hid, 93 asked. Spring Brook Water Supply 99 bid, 02 asked. 19 Will be fluid fn, TiHi fiuaranixr Jir Surety Company. United States Lum ber is onerec ior sale at lofi ex aivl lend.

45 will be nairt for Wvnminir Shovel common. Bonds. Bhla Prfflr rnfil J.anA a 10Q could be moved if offered around 50 flat. Reech Creek Coal Coke Ks. 944.

flr fnr sidln at OS ntno. for sale at fi.i. Cberrv TUva Iam Co. 6s. 1929, are wanted at 98.

Chi cago mimes OS, JU42, are offered for Hie at iv. consolidated Water 5s, 1929. am water! ut l.ist pn. sylvania Gas Electric 5s, 1942 are offered at 104. 96 is bid for Klots Throwing (is, 1939.

North Mountain Water 5s, 1933, are in demand at 98. Ohio Service 6s. 1937, are quoted 94 bid, 98 asked. O'Gara Coal 5s are in demand at 8ft. PAtsnf Afininv too; are wanted at 84.

Scranton Eicctnc ps, hji, are in aemand at 6. All issues of Scranton Gas Water Deb. 5s are wanted at 98. Scranton Lace 7s, 1925, are offered at lOltj. 9S is bid tor spring Brook Water Supply 5s into i u.

9S 4 is uii ior xempie coal 5s, 1924. U. S. C. PREFERRED STOCK TO BE REDEEMED JULY 1 $1,728 541.62 fs Amount Com ing to Shareholders J.

H. Brooks and company, as fiscal agents for the United Service corpora tion, will pay investors SI, 728,541. 62 on Monday, July 1, for the preferred stock of corporation which is be ing redeemed at $57.50 per share. Of this amount $1,480,550 Is pay ment at par ($50) on 29,6111 shares. $222,082 represents a premium of $7.50 a share on the above number of shares, and $25,909.62 covers accrued dividend from April 1 to July 1.

The United Service corporation was financed by J. II. Brooks and company and the preferred stock was first offered in 1910 at $49.25 per share with twenty per cent, common stock as a bonus. In th pre war period the preferred stock sold as high as 52 and the common at 36. During and immediately after the World War the preferred stock declined as low as SO and the common sold down to 18.

The common is now quoted 110 bid, with no stock offered in the market. DIVmElTOB DECLARED. PHILADELPHIA. June 27. The Norfolk and Western Railroad company yesterday declared a dividend of $1 per share on adjustment preferred stock payable August 18 to stockholders of record June 31.

Declaration was also made of a regular quarterly dividend on common stock of $1.75 Per share, payable September 19 to stockholders of record August iU.