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Meeting the Needs of South Africa Over 400 Branches in Africa ' Bombay Antwerp (Belgium) National Bank South Africa, Ltd. New York Office, 10 Wall Street Head Office Pretoria, Transvaal E. C. Reynolds; General Manager Total Over r \ 30 in v 23 Branches in South America j 8 Offices in Spain, France and England JN intimate knowledge o the. people, their habits, social and economic customs is of essential importance when transacting ..business, abroad. Such knowledge can be gained only -- through con- stant study of the needs and daily habits of the people, ac: quired by years of experience and actual residence in the countries themselves. Our facilities are at your disposal through your own bank, if desired. New York Agency, 49 Broadway Head Office F. C Harding. Agent London W. M. Dawkin, Sub-Age- TRADE IN GINGER GROWING LIVELY Prices Go Up With Increased Demand. United States Consul-Gener- George i:. Henderson of Hongkong, China, in a special report, says there has been an unusually sood trade In singer out of Hongkong bo far the present Beason In iplte of the fact that prices have Unded to rise all along and have Anally reached a rather advanced point, with Increased values In view. While ginger , may be considered eztsnt. tho export of It from Hongkong has continued during me whole of the war even. 10 cDuairiw closely regulating' their Imports, but stocks In such countries have dwindled until in some markets practically no glnrer Is to be had. The result has Uta a demand for the root rather above tha ordinary In spite of high values. The high prices In. silver are of course practically doubled In gold, with tho result that prices in consuming coun- tries on a gold basis are almost three times the ordinary.- Exports of the root w far this season have been based upon an abundant supply In Hongkong. The ginger root crop Is reported as being to unusually good one. The shortage and high price of sugar In this market, however, has affected the trade very seriously and accounts for the high prices In silver now ob- tained for the product. Exports of the preserved dry and wet root from Hong- kong last year were valued at. I40,Z1 koM. of which root to the value of only HMS7 went to the United States. Th trade In ginger so far the present Jtar has been mostly with countries hlch have been deprived of their nor- mal stocks In recent years by the war. The exports from the coloriy for the first thre months of the .current year were valued at 1183,834, of which Great Britain took 388,163 worth, the United' etateu 133,713 and 'Australia .and Canada taking most of thef remainder.. Imports to the United Btate for the first tlx months of 1919, amounted to 3W.908 pounds, valued. at'.t,762 gold. To uilllsa Siberian Finances. Ouix, Oct. 21. It has been proposed, a means of effecting' the stabilization f the monetary system that the of the new bank' notes ordered Printed In America for the Russian Btate im?'t be ni 014 Tate ' 'our rub,e m BlberUn treasury- - \bonds for one ruble ft the new monsy- - Four million rubles n the new money. Jio 'arrived sviVlaaU ostk r - already., jr 4- - V,- . . : t Place, E. C. 18 E. 4. ; 25CockspurSt.,S.W. 1 Resources $287,000,000 Years Export Banking Anglo-Sout- h American'. '\Bank limited Many of our Fo- reign Branches have been estab- lished 30 years. Twenty-thre- e of our own branches in Latin America, eight offices in Europe and direct connections thtoughouttheworld enable us to furnish accurate trade and credit inf ormationon foreign markets. J and Reserve Over $32,000,000 AUSTRALIANS BID FOR OCEAN TRADE Steamship Company Offers Inducements. McLBouimi, Oct. 21. A strong bid for the British-Australasi- sea trade Is be- ing made by the steamship line run by the Commonwealth Government, among the special advantages offered to ship- pers being a cash discount of 5 per cent on the net frelgth on payment of ac- counts, no exemption from liability on account of negligence and favorable bill of lading conditions. These advantages are set' forth In a letter sent .to prospective shippers by L. B. Larkln, manager of the Common wealth Line. He writes in part: \The Commonwealth Line, is owned by the Commonwealth of Australia and run in the Interests of the people of Aus tralia. It has at Its disposal a large fleet and la prepared to put steamers on the berth as required by the volume of cargo offered, up to the limit of the present fleet. It has recently placed contracts both tn Great Britain and Aus- tralia for a number of large, up to date, fast vessels, equal, if sot superior, to any others la the trade. \It Is not the wish of the Common- wealth Government line to originate a. rate war. The freights charged are those current in the Australian trade at the time of shipment. Equal rates ore .quoted to all shippers, large or small, private firms or Government depart ments. and In the event of a reduction taking- - Dlace while a steamer is loading all shippers will benefit by It alike. \A cash discount, of 6 per cent, off the net freight la given to shippers on payment of accounts. No primage Is charged and no deferred rebate granted. \Wo do not claim exemption from lia- bility' ' on account of negligence. and In sour new bill of lading, now In the printer's hands, X have altered the clause relating to valuable goods, by raising the value of to 200 per package and f 10 per cublo foot \My Instructions to our agents tn Australia and elsewhere are .emphatlo that promptitude and liberality in settle- ment of claims must always be the policy of the line: \In the event of shippers taking ad- vantage of the services of this line, and being penalised therefor by the confisca- tion t accrued rebates by any line through which they have shipped pre- viously, the Commonwealtb Government Line. 'Is prepared to guarantee them gainst any such loss If they will sign the annexed undertaking to give the line the flrstr offer of their future tudness.\ .- - - YT7ITH enormous natural re-- \ Bource3 South Africa pre- sents one of the most promising fields for development. Her needs represent practically the entire range of necessities and luxuries from mining1, mill and agricul- tural machinery and building ma- terials, to automobiles, motor- cycles and musical instruments. Our 400 branches are at the dis- posal of American business men. Trade and credit information on request. of London Offices Circus London Wall, St. Swithms Lane, C. Capital Special limitations R. E. Saunders, Agent JAPANESE TRADE IN INDIA GROWS Colonies in Calcutta and Bom- bay Increase. An article by the Simla, India, special correspondent of ttio London Timet In the Issue for September 13 states that official figures for 1918-1- 0 show Japanese Imports Into India amounting to- 5, practically equivalent to one-fif- th of India's total Import trade. In 117-1- 8 Japanese Imports totalled 5. and In 1916-1- 7 344.166.666. Japanese houses established in India Play an Important part In the trade car- ried on between the two countries. Then are largo Japanese colonies In both Cal- cutta and Bombay which appear to be steadily growing In Importance. Thrn Japanese exchange banks are carrying on Business in India, whereas threo rears ago there was only one. and tn 1911 there were only thirty-tw- o Japanese In tha whole country, excluding Burma. The correspondent further adds that wnereas ten years ago the greater part of Japanese products Into India were carried In British sh'ps, financed by British banks and distributed by British or Indian traders, to-d- 90 per cent, of Japanese gooas corns In Japanese steam- ships; they are consigned to Japanese firms and distributed by JaDanese events. Similar conditions obtain In the export u nun. ao jHpunua touon upmners Association Is said to dominate practi- cally the raw cotton market, and Japa- nese buyers are found In the cotton mar- kets in rural areas. In many cases they bale and gin their own purchases. Chinese News. v . f Siiucohai, China, Oct 21. Liang Shlh-yi- 's Chinese Financial Group, which was formed early last spring with the backing of tha Old Consortium Group for the purpose of taking part In the financ- ing of the country's railways, proposes to take on active part In the financial operations or the new Consortium wicn mis end in view Linn- - cwk.,.i has cabled to Teh Kung-ch- former v or (.ommunlcatlons, who Is i.ow in r ran re, requesting him to remain In Paris as tho representative of the Chlneso Broun. eh Is to conduct negotiations on be- half of the Liana Syndicate with the representatives of tho various foreign groups. It Ir understood that .the mem- bers of tho new Consortium have signified moir rmuinois to admit the Chinese group after the Consortium's plans have uveu iuuy worKeu out It la reported that when the boycott movement started In Canton all the knit-tin- g factories were likely to cloee down ror want of raw material. All knitting ujiui,tu aro now worxinr mn rim They are using American knitting cot- - ion insiran or tne Jacaness nroduct. and the price of the American cotton Is np- - I'luAiuuticiy mo same as me Japanese. A good' deal or excitement prevails In wiiurcuun wim tne aiiegea sale of a large tract of Jand, measuring something like 520 mow, to a Japanese firm. The land is situated at a place calleld Laot-sus- o, .north cf KaoJIao, In Pootung. A Chinese compradorr and land broker are acting as brokers for the JaDanese firm. The object which the Japanese firm naa in view is w start a dockyard and Ironworks at Pootung on such a scale as would put to sham? all the existing Iron- works In Shanghai In point of size and The Mongolian expedition is beng pre pared wicn an speca. An American firm Is preparing a Urge number of motor transports, jrhlle n Chinese company li inuniug icniner terns. The Government has requested the Russians to suppress the poppy cultiva- tion In regions bordering on China. The Russians have replied, welcoming the proposal and trusting that China will similarly suppress the cultivation of tho poppy Plant particularly In the north west, from whlcri largo quantities of opium reacn tna interior of China. A report from Canton said that tht voluntary closing of hll the shops In the Chinese city was believed to be In pro- test to tho of Dr.' Wu Ting-fan- g as Civil Governor of Kwang-tun- g. and also as a demonstration of sympathy with the . According to reports, Dr. Sun Tat-Be- Generalissimo of the Canton military Government Is starting a monthly Chi- nese magazine. Besides Dr. Bun, Mesara Wang Chao-mln- g, Hu Hanmlng, Tal Tlen-sho- u and Uao Chung-ka.- 1 ara on tha editorial staff. THE SUN, WEDNESDAY, EXPANSION THE AIM OF SOUTH AFRICA Financial EcSOUrCCS Of Great Country Outlined by a Lead- ing Banker. LESSONS FROM GERMANY Doyolopmont of Japan Also Contains Useful Hints for . Now Enterprise By E. O. nBVNOLDS, General Manager of tht National Sank of Soma Africa, ito., jrsrono South Africa. 1'AUT I, been asked to give my views on the financial resources In South Af rica available for Industrial expansion. and I gladly attempj the task, for sev- eral reasons. The present date marks a period In the .history of South Africa fraught with possibilities for the future of the State, to which, I am convinced. those who como nrter us win iook upon as a most Interesting period in our an- nals. The enterprise of many ot our citizens whose Intelligence, perseverance nnd pluck havo during tho last twenty years developed such Industries as are niroauy established In the country has fdcussed the minds of a large section of tho peo- ple on the possibilities of Industries gen- erally In this up to now almost purely agricultural and mlnlnj country and have enlisted I would almost say foiced a conviction on all thinking men that tho age ot experiment has' passed and that the tlmo for action on a seals hitherto not contemplated has arrived. tribute in thU respect and a hand-somt.o- must be paid to the educative activities of the Department of Indus- tries of the Union and to tha breadth of view and expansive sympathy which the Minister of that Department and the Governmont ot the Union as a body have extended to the question and their actions, vtewed In the light ot ex- perience of other nations similarly sit uated, gtve one reason to' look forward at no very distant date to aeveiopmems tn this country which will, 1 hope, sur- pass even many sanguine expectations. The state of war which has .existed for so long has happily now ceased, but tha Influences which have operated dur- ing that period, as many other countries have experienced over the ages In kin- dred circumstances, have brought to notice the urgent nrcd for nations to so order their affairs that when upheavals come tho country which can rely to the greatest extent on resources and tcrvlces Is one that can hold out longest and win through. Wars in the past have been the means of compelling at- tention to this most 'vital question,, and have usually resulted In a reorganiza- tion of resources, the adoption of meth- ods and systems from more experienced countries which. grafted on to the la- tent possibilities of certain nations, have produced wonderful results. German Industrial Organisation. I will Just take two outstanding ex- amples: When aftiir long years of struggle and sacrifice the Gcrmun people, through tho success of their r.rms In 1S70, were of peace, they consolidated thelr peopla and 'oet about economic develop- ment undisturbed by any fear ot outslda Interference. They recognized that being then almost entirely nn agricultural country the'e existed a very real need to nravlde emrJoyment and support for a rapidly Increasing population, and they . ... . . . ..... nn ,K& ... m. ' Hal nm m ucvuivu wra \ \ sources of then country with a thor- oughness of method, a concentration of effort and Intelligence, which In a com- paratively short pctlod yleldod wonderful resulta naa not military amuiiiuo. in- toxicated with success, usurped power nnd led the nation astray, scarcely any bounds could havo been set to their economlo development The opinion Is very generalll held that the sucwis which has attended the German methods U a reason for thinking that .these, if applied to South Arrica, would meet with the same results; but I hold that while we can with advantage copy them In bo far as application of oclence, organization and supervision are mnnnrnad. wo In this country are faced with a very different proposition, and our circumstances are bo dissimilar that too ready adherence snouia not do given to tho German precedent for developing our Industrials. Speaking generally, meyavanea inem- - nelvcs of their large and increasing liopulatlon as a market at their vory doors for thoir output; they were pro vided In abundance with mineral re- sources at rlose range; their Industries were specialized end their output stand- ardized to prmlt of cheaper production and the flooding of the world's markers; their universities turned out largo num- bers of qualified students who were dis tributed among incir lactones, anu wnuss. TTOcnreh work enabled the manufac turers to produce articles which success- fully competed with the products of other countries; their future manufac turers went to ana nvoa ana nrao in other countries. a;i i with tho highest In- telligence applied their experience thus gamed to their own Industries; their hlnnlns was organized with State as sistance to unable their output to reach and be reanzea m roreign marxem nnn at prices which placed the products ot other competing countries at a dlsad-vantag- e. In addition railway rates on goods for export were reduced to a lovel which In iLrted as a bonus to tho manu facturers and through bills of lading were lssueo, wnicn coverpu um gooas from the plica of manufacture to their several destination 'abroad. The bene- - nta thereby conferred on those con- cerned will be obvious. Needless to say, the German railways were State owned. Ormsnlaatlon la Japan. But whlls we In this country cannot adopt their methods In their entirety, lnce they were In many directions baaed on Indefensible conditions, we can learn a lesson from their system of financing Industries, and chiefly among these was the right claimed by the finan- ciers anil acquiesced in by the borrowers for tho former to closely Investigate the condition of tho buslnoss seeking finan- cial assistance and to Impose thereon th advice of their technical advisers. This interference with private affairs Is a point which occurs to me as a proba- ble stumbling block when people aro concerned who have not been accus-tcme- d to such methods. But doubtless means can be devised to get over the difficulty, Binco It Is essential that some control of this nature must be retained If capital Is to be found for new Indus tries. My second example Is Japan. As an able vrrlter puts It: \History showed the Jspanese that It is very difficult to maintain a high standard of national greatness when the revenue of the land and the prosperity of the people depend absolutely upon the fall of rain or the hours of sunshine.\ For a small State such a condition, although not enviable. Is possible. For a State such as the JcpancEt were determined to mako japan such a foundation was altogether too unstable. The rapid Increase In th population, (j)CTQBER 22,' 1919. coupled with the Increased cost of liv- ing, which the adoption of \Western methods entailed, showed them, that some adjustment was Imperative, and they set out to build up an industrial fabrlq to, supplement the agricultural one i to supplement not to supplant for as much care was dsvotod to the nf systems as over, the agricultural yield being ln- - nlied that Industries might. De aeveiopeu Bide by side with agricultural pursultA Tho populalon of Japan was In 1873 only 83,110,793 persons. In 1905 It had grown to 47,812,702 persons, and to-d- It is about 55,000,000. No effort was spared to 'fit the Japanese1 for the en- largement of their industries and to enable thorn to dispense with outside as- sists nee as rapidly as possible. Foreign Instructors were engaged and the most promising of the younger generations wero despatched throughout tho world to study tn the oversea factories and to collier together all the Information, that might bo ot value to .their country. How Important were these1 educative measures may be gathered from the fact that one of their leading statesmen, speaking ot a special engineering col- lege which hi founded In Japan, said: \I consider the establlshraent of this college was ene of the moat. Important fa c torn in the development of Japan to- day. From this institution have come the majority of engineers who are now working the resources and Industries of Japan.\ Aided by Government. The Government largely aided tho new order ot things by the establlsh- raent of a woollen factory, cement works., glass factory, paper mill, nnd many others. Meanwhile factories mod- elled after those established by the Gov- ernment began to be Btarted by tho people and the Government, no longer perceiving the necessity for maintaining Its model factories, began after about five years to sell all ot them with the execution of the woollen ractory. re talned, no doubt for army clothing Durooses. But as In the case of Germany, so Is Japan not to be taken too readily as a pattern which we In south Africa con follow, since circumstances there also differ widely from ours. The whole or ganization ot government and the edu cated classes was devoted to the of Industries. Itaw materials -- were also at hand In abundance, and a people concerned whose adaptability and faculty for copying were unique. From the start, too, women took a large part, even to an extent of 60 per cent, In the work of industries, and the cheapness ot labor helped largely to success. They ere a homogeneous people, and the one object of practically every patrlotlo Japanese Is to coordinate in the achieve- ment ot that which Is In the best Inter- ests of the country as a whole, and probably this trait In their character has been the chief factor in so markedly developing, their country Industrially and otherwise. It will thus be seen that the Indus trial progress of the two nations I have Instanced cannot apply to a country like South Africa with a relatively small population ot some 1,400.000 Europeans and, say, 5,200.000 others In the Union and adjacent territories; but speaking Industrially, we should bo able to Influ- ence the markets on the African conti- ngent south of the equator and thus add Drobablv fifteen to twenty millions mostly aboriginal. It la true to the number of consumers for our output As all things have a beginning-an- as tho coat Is always cut to the cloth I am sure that those Interested In the de- velopment of our Industries are taking a sano view of the position, and with so much experlenco drawn from other countries they will be able to so adjust means to attainments that a healthy progress will be tho result In niv anticipation I am fortified to a large extent by the faet that wa have In this country a number of men who bv sDeclal training and tradition aro well qualified to direct Industries, and although tho supply of skilled workors is nnt nn ereat as one could wish, the op portunities for technical training, which are now at the disposal of the youth ot the country, should produce even tn the nrespnt a body of men quite capable of meeting the needs of the situ ation. In fact so tor as tne purely me- chanical side ot the question Is con- cerned, I havo. from all the Information I can gather, no fear for tne tuiure. Ilemources of South Africa. with tills short allusion to the produc tlve side I will pass on to discuss tho financial resources of the country which nr or may be available for Industrial expansion. I feel that to take this part of tho question literally and to treat It In any dogmatlo fashion would be and might lead to a wrong Im pression being formed as to the resources already in tne country at mo conmxum nf Inrtimtrv. I have seen It argued su perficially, I fear that because the pub lished statements ot tno oama snow u large Increase In deposits over those ex- isting at tho commencement of the war ihrn Is. therefore, so mucn spars capnui to devote to Industrial schemes, and It Is almost taken for granted that those spare balances should be exploited for that purpose. It will be of use If I give the banking figures tn tho Union on which the as- sumption I have alluded to Is based and which are compiled from the published statements or all tne Danits; JUNE, mi. Deposits . ..35,8(1.1: Advances .. 12, 401, ST Surplus ii.isi.m JUNE. mi. Deposits . .ttt.65J.0t Advances , JS.I50.J55 Aurplus i. H0.004.H7 To one with Inside knowledge these figures are susceptible of a good deal of analysis, uiid while admitting that a largo increase has taken place in tho liquid capital of the country, there are deductions to be made which, when stated, will modify the view of those who think that money In abundance will he forthcoming for Industries. The first deduction I would make Is the equivalent of what will be nec- essary to replace the stock of many merchants and Importers which have been depleted owing to war conditions, the shortage being represented by cash at banker's or In other liquid forms against the time when shipping and supplies will again become normal. The aggregate ot these Bums Is very con- siderable and must be reckoned with. Tha next is that through tho sudden ter- mination of the war there may bo heavy financial adjustments necessary In the cuss of traders holding large storks ot particular goods at top prices which may concolvnbly bo brought Into com- petition with later Importations at lower aluea. The adjustments alluded to will, ot course, mean the absorption of a certain amount of surplus balances presently lying with the banks to tho credit of the traders concerned and so lessen the amount ot liquid capital available for Indimtrlal undflrtoklnra. Tt I. common ! : 7Z 7. I lfnnwletit7A that a smnri Hal nf th montv I available for Investment at the moment belongs to members of the farming; com munity, and has accrued during the war from causes which are also well known. It Is also common knowledge that a sood doal of this money will flow Into Its l.atural channel, viz., agriculture, by which I mean the provision, when sup-pli- allow, of agricultural machinery, pedigree stock, and Improvements to farms generally, and aa developments in this direction aro as urgently necessary as Industries, there will be competition for capital In both directions, and the supplies tor industries may not be forth- - I coming as readily as one might expect. I irart jr. of ima article tolll anucar in the far- - Eastern Section of Till SUN. ..... - i SIBERIA NEEDS ALL FARM MACHINERY Big Demand for American Mado Goods of European Do- -' sign Is Reported. An existing market for 512,000 pieces American mado agricultural machin ery la announced by A. I. Gllnchlkov, representative of the United Credit unions of Siberia. Orders, have been. plows, seed drills and harrows which are to be ready for shipment In the spring of 1930. The uso ot American tractors ana heavy machinery In the Immediate fu- ture Is tmposslblo because ot the short- age of petroleum fuels, and the fact that the Russian transportation system Is not In shape to handle largo amounts of heavy machinery nt present. Both of these barriers \will be removed soon. Mr. Gllnchlkov believes, and there will be no need for further delays. Mr. Gllnchlkov, who Is a well known specialist on Russian agricultural ma chinery, Is endeavoring to Induce Amer- ican manufacturers to build for export largo quantities of plows of European design. This Is necessary because of the fact that European engineers have heretofore supplied the greater part of the machinery for Russia and therefore the people are familiar with their types. He offers as an Incentive the statement that while he can place orders for 5,500 plows of American design ho has requirements ot 225,000 plows ot Euro pean design. This material Is needed in liussia now. Arrangements have ben mads with one American manufacturer to etudy European designs and to make such tmDrovemenus as seem advisable. Mr. Gllnchlkov Is cooperating In this work and will shortly Issue a textbook on the mechanical needs of the Russian agriculturalist Another phase of the programme that the United Credits Unions hopes to accomplish Is to induce American manufacturers to build plants In Russia that will at least take caro of the repairs of their machinery. Raw materials and labor will bo available, he believes, as soon a9 the Bolshevik! are ousted. A brief table qf the Immediate needs of the Russlsn farmer follows: 3,500 plows American design; 221,000 plows European design; 153,000 narrows; zs,-0- seed drills; 10,000 threshing ma- -' chines; 124,000 reapers and binders; 9,000 wlnnowera Mr. OUnchlkov doee not neneve mat then are serious obstacles now In the way of Russian trade development that will not be removed In tna next lew months. The campaign is movlnir favorably, and as the Iteos, are the greatest drawback to Industrial and commercial development he iooks to tl relief In the near luturo. American business men have shown their wllltngnoss to do business as Boon as conditions settle, he says. SEAMEN ACCEPT TEEMS. Will Return to Work Pendlns De tailed Settlement. Melbourne. Oct 10. More exact de tails concerning the conditions of the settlement of the Australian seamen's strike, which lasted fourteen weeks and entailed a loss of 120,000,000 In wages, aro now available. After long drawn out conferences tne unions decided to \accept the latest Government proposals, all points not sot- - tld to he waived, all points setiica to be' filed, and men to man the ships at Tl,.. fiiwarnmont's proposals wero as follows: A round table confer- ence to be Instituted aa soon as the ships are manned, disputed points to be waived. Thirty-thre- e demands and counter proposals will be considered by th conference. 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Ttelons of the Insurance Law of the State of New York; ana WHEREAS, eald declaration and charter .DDrOVod br the Attnr. .... era) of the State of New York, who has silly certified to the same and said au. perlntendent of In.ur.jnce hat t.,ued a ceriined copy ot such declaration ,na charter \\;,;,:-- \ \\\\\isoed \ -- -- - u.i.u corpora\' io said company; NOW THKlts.funia. we. the under, elaned corporators, hereby declare our la. t.ntlon to organlie the \NORWICH UNION INDEMNITY COMPANY.\ ' principal office In the Dorouih of Man. nkttan. City of New York, under and by virtue of Article II of the Insurance Law if the Btate of New York, Section 70 Mcond. tfU.di . l it,h:.nInth nd UT. .nth lu&aivuioni . . 01 . iu orcuon 79 of J T naurtallto Dat New York City. Stpt. J, uii. Howard K. Wood. Edward M. Willi., fm. H.mMctonouh, Anaelm P. Anderson. B uruce Mj,ii iv. 'iniitle llarrr H. Davl.. Harry O. Cout hlau. I'auJ DHISAHX A HARE, Attorney., tl William Street. K. Y. cltr. ritorosAi.H. Office of the. Quartrrma.ter General Clothing & Equipage Division. Munlt'on. iiulldlar. Wa.hlneton. D. C. Seeit.t i - P\' ln duplicate will be reeeltetf u m. November 30, HI. i Vvi\ nlahlne all or any part of l.us.O'd ,r. Cotton oneeung, unmeacnea. nra inn.l SL .,rf.n.tLot '? ? formation sentea request. AUTUMN RESORTS. NEW YORK Lona Island. Hotel OAltUKN CITV, I.ONO ISLAM) An exclusive American plan hotel with a la carte restaurant for motorists. Excellent, golf links free to guests. Frequent electrlo trains from Venn. Station. Special Winter Rates Nov. to May .1. J. TANNIN CO., I'rops. NEW yoilK Upper Saranao Lake. SARANAC INN OPEN UNT1X NOV. 1. Ilirrlnrton JtlUe, Mgr., Upper BaranaA N.T. EW TQBK TTeetenestec QedneyFarm Hotel White Plain, N. T. EDWARD II. CHANDAX.L. Open All Tear. Private motor bus service without charge. BriarclifT Lodge nniAltCMTF MANOR, N. T. Open Until After Tbanksstrtng. NEW JER.SET Lakewoo. LAUREL HOUSE LAKE WOOD, N.J. NOW OPEN for the Fall, Winter and Spring seasons. Equable cli- mate, outdoor sport, reconstructed golf course. The Laurel House noted for cuisine and charming social atmosphere. Booklet. ANDREW J. MURPHY, Manaor KEW JERSEY AtlanUa City. iffiaittwougrainiuiiii THE LEADING RESORT HOUSE 0FTI1EW0RLD ATLANTIC CITY. N. J. UTUE NATION'S HEALTH SUOP\ health ia arricicNcv . A Ccrmlclde Climate end Clein Streets ' No Dost. No Dirt. Innameuble Outdoor Recreations and Indoor Entrrtilnments Ownership Muireratnt Joslth White 8t Sons Co. I KAYMORLATLWTKcrnrl mX& (MUTEST HOTEL SUCCESS MlbCElXANEODb. RAYMOND-WHITCOM- B TOURS Th. II.., r ..1 MS Fifth At.. N. V. TtL sliuUeotl So. as?. FOBBCLOSUniS BALES. Supreme Court, County of New Tork, The Equitaoio Tru.t Company of New York. Trustee, 4c, Plaintiff, aialnst The New Theatre and others. Defendants. County Clerk's No. 14.031 ot 1911. In nureilHnPK .,f n liirirni.nt nt frt... closure and sale, duly made and entered In the above-entitle- d action and bearing date tha 20th Jav of Auiuit. 1919 I. the undersigned, the referee In said Judgment named, will .ell at public auction, at the Exchanre Salesroom. No. Ve.ey Street. Ir the Dorough of Manhattan. City of New Torlc. on the 7th day of October. at iz ociocK noon on tnat aay, or Henry Ilradv. Auctioneer, the nremlies and property directed by .aid Judgment to be old. and therein described as follow. t AII that certain tract, piece or parcel of land, situated In the llorourh of Man- hattan, City and County ot Now Vork. btate ot New York, bounded and described a. followa: Beginning- - at the corner formed by the Intersection of the northerly .Ida of Slaty- - second Street with th wekteelv aide ot Central Park We.t, running thence west- erly, alone the northerly elde of Slxty-econ- d Street two hundred nnd twenty- - nve (21s) feet: thence northerly, parallel with Central Vark We.t one hundred (100) feet nve (5) Inche. to the centre line of the block: thence easterly along the cen- tre line of the block, parallel with Sixty- - econd Street, twenty-liv- e (25) feet; thence northerly, again parallel with the westerly elde of Central Park We.t. one hundred (100) feet five (6) Inche. to the eoutherly elds of Sixty-thir- d Street; thence eaeterly along said southerly aide of Slity-thtr- d Street, two hundred (200) feet to the we.t. erly .Ida of Central park West, and thence southerly along, the westerly tide ot Cen. trai west, two hundred (zoo) reel ten (10) inches to the point or place, ol Toi-ethe- r with tha butldlnira. fixture. and Improvement, thereon, constructed or 10 oe constructed or in process os con- struction: and also all coitumea. scenery and stage equipment, of every kind and nature whatsoever, now owned by the Mortgagor, or hereafter acquired by mean, of the bond. Issued hereunder or their proceed.; and also all permanent addition, which may hereafter be made to 'he said property or Its appurtenancea: and also all the estate, right, title. Interest, prop- erty, possession, clslm and demand what- soever, ae \ell In law as In equity, ot the Mortgagor of, tn or to the aamo and every part and parcel thereof with the appurtenance .. Dated, New York, Augu.t :i, 1915. PHILIP J. SINNOTT. lief free. MUHUAY, PRENTICE HOWLANO, Attorneys for Plaintiff. 7 Wall Street, New York City. The following 1. a diagram ot the prem-lae- a to be eold; It ha. no .treet number: ssra utreet. I 190 O s 2 o lit 42nd Street. The approximate amount of the lien or charge, to satisfy which the d property I. to be sold. i. one mill- ion eight hundred and thirty-on- e thouaand one hundred and nfty-.l- x and twenty-flv- o dollar. (I1.S31.158.JS) with Interest thereon from the 12th day of August, 1919, together with the costs amounting to One hundred eighty-- . even dollars, ntteen centa (SUMS), with In- terest from August 20th, 1119, together with the expense, of the aale, Tne approx imate amount of the taxea, a.se.ament. And water rate., or other lien., whleh are to be allowed to the purchaaer ,out of the purcha.e money, or puiu by tne Referee, la one hundred and twenty-al- x dollar, and forty cent. (1126.40) and Interest Said preml.ea and property are to tie maA nn entirety and In one lot or Tiercel. Said premises are to be sold subject to building restrictions and regulation! con- tained In a resolution or ordinance adoDted July 26th. 1916, by Uourrt of Katlrnate and Apportionment ot the City of New York and amendment, thereto, al.o .ublect to any state or rnct. wnicn an accurate aur ey would .now. Dated, i York. Augu.t 21. 1919. PHILIP J. SINNOTT. lleferea. The .ale In the above untitled action la hereby adjourned to Tue.day, October 2(th, wis, ai me aamo um, anu place. Dated, New York, October 7th, 1919. PHILIP J. SINNOTT. Referee, DISSOLUTION NOTICE. State of New York, Offlce ot tha Secretary of State, ...1 TIII3 CEHTIF1CATB. le.ued In duplicate. hereby certmea that the CAIU'K.NTKIt & WOODWARD, INC., a domestic stock cor- - poratlon. has (lied In this offlce on this ISth dav of October. 1919. paper, for the vol nntary dissolution of such corporation under section 221 of the (leneral Corporation Law, ' and that It appears therefrom that such corporation haa compiled with .aid aectlon tn order to be dissolved. WITNESS my hand and the seal of ofnea ot tho Secretary of .\late at '.he City of Albany, this eighteenth day j (deal) of October, one thousand nine nun dred and nineteen I O. W. TAfTi I Second Deputy Secretary of State.' All persona having claim, agaln.t the above named corporation are directed to nreeer t tna same lormwiui i wia u WILLL4.il II nttTTON. attarney, . , ia I Broadway, Nov Tork ltr, N. X, l'awngcr and Freight Service, NEW YORK to UVERPOOL 1 Vassri . Oct 27 Orduna, . .CiDectrd tn K1I . .Nov. 3. Dec 6 Carmania ,.J Nov.6.Decl3 Ntw lurtfi, to rL. t MUU I H, CHERBOURG and SOUTHAMPTON Mauretania Oct 28. Nov. 22. Dec 16 NEW YORK to PLYMOUTH, HAVRE and SOUTHAMPTON Royal George Nov. 5. Dcc.3 CHERBOURG and LONDON ! Caronia Nov. I, Dec. 6 J NEW YORK to PLYMOUTH. . i HAVRE and LONDON I Saxonia Oct. 30, Dec I J NEW YORK to PIRAEUS Pannonia Nov. (2 JT NEWYORK-L'DERRYtUS- jq Columbia Nov. 8, Dec & 4 STATE STREKT, NEW YOKK INTERNATIONAL ic MERCANTILE MARINE\? L1NC3 WHITE STAR , N. Y ClIF.RnnimtT SOlrTHAMDTnM AtHatic 13 Noon, Oct, 25INsr. Z Laslaod 13 Noon, Nor. 8 Dec U NEW TORI UVEJirOOI, Celtic 28iNoT.22 Dec 21, Csdrie 12No.n.Nov.3l i Baltic Not. lSlDee.20 ttW YORK AZORES GIBRALTA- R- NAPLES GENOA t ft Canopic t p. 11 ., Oct. 2 jf Cretlc 3 p. m.. Nov. la 1 rt WEST .INDIES CRUISEl i Largest Steamer to Tropics White Star Liner \Megantic\ Jan. 14, 1I,. 14. Mar. 17. lu?o. 23 days Vt Ports 630J Miles of Delight. Office., 9 Broadway Now York WARP LINE Direct swwico on faU twin-ac- r w rteamer from New York to HAVANA ) WEEKLY MEXICO f sailings To Progreeo, Vera Crus mmd Taiaple. Regular Sailings to Nassau, Bahamas. Literature and fmlt infentodhn on rtqauL New York and Cob. Mali 8. S. Co. e'oot of Ymli Street, New York, BERMUDA Ideal Wtnltr Vacation Retort Service to ba resumed tn Dao.. U19, by FURNESS BERMUDA LINE Fast, twuxerew, palatial steamers S. S. \FORT HAMILTON\ Ealls from New York Doe. 11,000 Ton. DUplacemens S. S. \FORT VICTORIA\ 14.000 Tons Displacement No pawportu required for llermuds. Particulars of rat. cabin plans and Mlllnir date. WU1 be announcod later. FURNESS BERMUDA LINE Furneu Hcum. Whitehall St., New York. Denmark Norway Sweden ilcl.OIavOct. 21 i'\dVHI..Nnv. 7 U.S Nov.ls 'assents- - Oulco 1 Ifway. N.Y. N. . direct to liOTHCMlVKU. SWEDEN,. U'blllfcll AMBHICAN LINK. It Mote St. LAST TRIP of Season NEW YORK for BOSTON, SATURDAY, OCT. 25TH, METROPOLITAN LINE TO BOSTON AU ,he Wtt b'r \ Alwiiy. ln eight of Irtad, VIA CAPE COD CANAL Leave Pier II, Koot of Murray St., Dally (Sundays Included) at 4:00 P. M Pare S4.4SJ Ticket, and Information, at Wharf. Tek, uarciay sooo, \THE PUHLIC ni! PLEASED.\ COLONIAL LINE BY BOAT CM n 3 a RAIL It.fU PROVIDENCE DIRECT BOAT $2.97 All Outalile Staterooms, 11.04 to 3.t4. Above Prices Include War Tax. Boat leaves Vler 29, North niver. Dally and Sunday, at 5,20 V M. l'hone Purine I81. Worcester, 4.13:rrov!denc direct, t.U DUTM1DK UTATEUOOMH l.0 X tt.lt Daily. Including Sunday, 4: JO 1. 14. From IMer !. K.lt 2700 Ileekmai Tickets st V f.r Wjt ticket offleee SIGHT SEEING VACHTS Around N.t I.v.Hattery Tier l)allj.l0:30, 2 :S0 Tel.Broad 2371 To gundy Hook & Ocean. 130 net about 9:20. HUDSON IlIVEIt NIGHT LINES From 1'ler II, N. It., foot Canal lit., daily sailing 4 P. II.; West 132d St., 4:30 P. U. Due Albany 6 o'oiock following morning. New burgh, Ioughkeept,le, Kingston. Franklin St. 4 1'. M . W. 129th St., 4.10 P. M. Tel 4075 Franklin. CKNTHU. llt'DMIN I.1VK. FALL KlVcK LINE tollo.lon. Sir. Lv 1'ler M li II, iilO P U. MERICAN EXPRESS TRAVEL DEPARTMENT J. XV Ticket. Tour. Tracter Chonuea., LOUT, l'OlMI AM) ULWAItDS. LOST Certificate Number U 12053 for Flte share. Canadian Pacillo Hallway Corn, mon. registered In name of Mary 11 La- ment, 1355 Toronto Htreet. Iteglna, Bas. katchewan Cans-la- . Reward, above addreia LOST Chocolate colored POJiioranlan an swering the na mo ot 'louciy, uct II, about a i r 1100.00 reward and no Question asked for return ot same to 601 We.t r.nd Ave., flllh ilofcr. ' LUST On or about Kapteiuucr 2 lh 1919, Interest pa.a Look of Ihe . I'hfiihuni and Phenlx Hank. No. K391I, In the nam ot Ajm Ulliubeth Drown, all person, are n.med ugalnst receiving said book for TBlUi. Ft) It 8ALII SinN'H wool i wonted face) 15 pound winter weight uulon suits, 4,000 dosens I A A ft n,.n. r.M. lmni,ll&taa ,4 . \nTXllONDs bought, sold, for caeh only. tatta bought. SkuiKSXX. 1 eTcw (WZ&ttre. \ ;, ,!,,,:,: .n.,,m.t \'\''\\,,,. nitmfnii.nr.mim-111- cKnrt. .flneterdam. New- York ' 4