The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

December, 1909 GRADES : BEST, U. S. NAVY and NAVY BOTH SPUN and UNSPUN ALSO PLUMBERS' SPUN OAKUM AND COTTON Established 1840. OUR MOTTO: "QUALITY, FIRST, LAST, ALWAYS": Nearly 70 years of active business made possible only by "Square Dealing" W. 0. DAVEY & SONS Offices and Factory 164 Laidlaw Avenue JERSEY CITY, N.J. Geo. L. McCurdy 169 Jackson Boulevard CHICAGO ILLINOIS INSURANCE HULLS and CARGOES DIRECT REPRESENTATIVE OF LEADING AMERICAN AND FOREIGN UNDERWRITERS "TAE. MARINE REVIEW | : 833 The Upson-Walton Co, Cleveland, O. MARINE PAINTS GUARANTEED STRICTLY PURE HE British Corporation for Le the Survey and Registry of Shipping, Glasgow, after exhaustive tests, have sanctioned the use of the THERMIT PROCESS for repairs to fractured sternposts, lower portions of rudder frames and damages of a similar character. For further particulars write for Pamphlet No. 20-E Goldschmidt Thermit Co. 90 West Street, New York 432-436 Folsom Street, San Francisco. 103 Richmond Street W., Toronto, Ont.