New Britain Herald Newspaper, July 30, 1914, Page 2

TES OF DISCOUNT of Enlnd At Pt 8 mtufllmfi. | London, July 30.—As had been an- Ripated, the Bank of England today °d its minimum rate of discount jn entire point, making it four per Dt. The step was taken as a protec- Ve measure in view of the chaotic nancial conditions on the continent llowing the outbreak of war bet fveen Austria-Hungary and Servia ind the almost general advance of the fank rates in continental centers, | By discounting bills fre?\' during he past few days while # ordinary Jources for discounting were prac- | cally suspended and by arranging redits in connection with gold com- g from New York while American [xchanges were so difficult to obtain, I he Bank of England, considerably re- | ed the financial world. Now, how- er; that a raid is being made on gold supply by thé continent of irope the Bank of England has bund it necessary to take protective heasures. | $5,000,000 Went Out Yesterday. “Something like $5,000,000 in gold ‘ent out yesterday. France secured ractically the whole of the $5,000,000 ich arrived from South Africa on esday, and although $15,000,000 is sming from New York to pay for se- rities sold recently this sum can irdly arrive in time to offset any rther continental demands. The Bank of England return is ex- cted to show a large increase in the an business, a smaller gold stock hid a sharp shrinkage in the propor- on of reserve to liabilities which the igher bank rate and the expected arrivals will partly restore. . Action Is Essential. e continental financial and politi- 1 situation, however, is so acute it is essential for the chief finan- institution in London to take ures of protection. The open ount market will be able to work freely now that uncertainty has NEW BRITAIN DAITv "TFRALD, THURSDAY, JULY 30, 1914, VAC SWEEPER VAC is still BEST IN TOWN. Ladies will recognize a wondertul value in the new Model S just out. Combination Sweeper and Brush in plain trim, only $7.50. Combin- ing All the Features of the more expen- sively finished mo- del. Ask us tosend one on trial. More Sweeper Vacs used in New Britain than all the im- itations put to- gether. THE SWEEPER Other Vacuum Cleaners COME and GO but t};le the This Vacuum Cleaner Equals raised from four to five per cent. to- day. ¢ Discount Rate Raised. Paris, July 30.—The Bank France today raised.its discount rate from 3 1-2 to 4 1-2 per cent. and its rate for loans from 4 1-2 to 5 1-2 per cent. % Settlement Dealings Suspended. Berlin, July 30.—Settlement deal- ings on the Berlin Bourse were tirely suspended today -and brokers who gathered on the confined themselves to cash actions. The most pessimistic rumors were in circulation and many firms were in difficulties. Exciting scenes were witnessed on the. produce exchange where wheat and rye were quoted from $1.75 to $2 per metric ton higher. Maintains Waiting Attitude. The Imperial German Bank still maintained its waiting atfitude but it en- the floor trans- n removed with the establishment & higher official minimum bank | i lute gloom prevailed today on'! stock exchange. Yesterday’s crop : ures and the fact that there was . improvement in the European ! s had a most depressing effect. gkers stood about in groups wait- lg for something to turn up but they ed to do any business. Quota- ! were somewhat under yester- 's figures but were purely nominal, what little business was done was tter’ of prolonged negotiations.” British Consols Low. British consols opened at yester- i¥’s low record of 69 1-2, Which was 1-2 below yesterday’s closing price. . quickly recovered half a point, ever, to the price at which the ment broker was buying. he only other transactions heard were in Canadian Pacifics, which led at 167 and then fell to 165 1-2, ‘half below parity. The hmmer whose tapping on the announces failures on the stock ge was heard early today when er firm with large. continental Anections,, announced that it was ble to meet its obligations. All failures thus faf announced have n of irmsewhich do continental siness. # change \in the bank rates had he failure on ithe Stock Exchange s morning was that of the Derep~ company. to Five Per C~nt. : , July 30.—TheTate of dis- Of\the Bank. of ‘Belgium was L N2 & is understood that it will follow Lon- don’s example in increasing the bank rate. A Potsdam, banker, Eugene Biber and his wife committed suicide in a Berlin hotel today because thew had lost over $62,000 since the be- ginning of the war crisis. The Bourse opened today as usual but there was no business. It was announced by the committee of the Bourse that the monthly set- tlement for July had been postponed until, August 31 for ‘all stocks includ- ing rentes. Opposed to Moratorium. The French minister of finances de- clared today that he was resolutely opposed to a moratorium, which had been advocated in some quarters. He said a state of war alone would justify such a measure. The French public seems to regard a general war a certainty. The crowds outside the savings banks to- day were three times as numerous as those of yesterday. ! Minted Coin Scarce. Private hoarding and the tions taken by the Bank of - France have almost removed mirsed coin from circulation. = The-erector of a large industrial eptwblishment today gent out fourtesf men to scour the banks in the City and try to change bills into-coin in . order to enable him 40 pay his workmen’s monthly -wuges. They were met by an almost invariable refusal. A line of several ‘thousand store- keepers waited outside the bank of France today in the hope of getting sflver for their notes as their in- precau- T T T fter Than Stocks ~ —health will pay far better dividends. and Bonds Strength, Jenergy and a keen brain are bound to succeed. Right food and right living go a long way toward health. A good start is to avoid heavy, greasy foods that overheat, and over-tax the digestion. Grape-Nuts is a scientific food containing great nutriment in small bulk, and quickly digested. ° Made of wheat and’ barley, a little yeast, salt and pure artesian water—that's all. Grape-Nuts contains all of the nourishment of the grain, including the vital mineral phosphates that are essential to the perfect rebuilding of body Grape-Nuts. foodis 1 ckage—healthful, appetizing and satisfying. " “There’s a Reason i —sold -Sy-Grocers ‘everywhtere, and brain. eady to serve from the of | bility to make change is paralyzing retail business. Amsterdam Bourse Reopens. Amsterdam, July 30.—The Bourse re-opened today, a committee bankers having placed a large sum of money at the disposal of the Bourse committee for loans on national se- curities. ! “+«Eents Tg_niqfit i Keeney's theater, vaudeville and Motion pictures. Fox’s theater, motion pictures. New ' Britain council, 0. U. meets at 277 Main street. A M, Meeting of the municipal ice com- mittee. Lexington lodge, I. O. O. F., medts in Jr. O. U. A. M. hall. EUROPEAN CRISIS MAY CAUSE LABOR FAMINE Scores of Austrians and Hungarians in Pennsylvania Apply for Trans- portation to Native Country. Philadelphia, July 30.—F~ars of a labor famine were expressed yesterday by heads of great indutries in many parts of eastern Pew.nsylvania as a result of the present European crisis. Large numbers wf Austrians and Hun- garians in thas city applied to their consul for «ranspertation back to their native cowsntry, while at South Bethle- hem, officials of the big steel and coke --plants received passports for 2,500 men, Paul Revka, Austrian-Hungar- ian consul at Wilkesbarre, who rep- regents that government in twelve counties of the anthracite region, rotified the emperor’s subjects yes- terday of the partial mobilization or- der, In his district he estimates that there are between 80,000 and 100,000 subjects of Austria-Hungary, and if a general .order is issued he declares that more than 30,000 of them will return to fight for their country. Coal operators are apprehensive, saying that such an exodus would me=- a serious shortage in the work- ing forces of the mines. LIEUT. PORTE MAY BE CALLED HOME Pilot of Air Boat America Is Subject to Orders of British Naval Authorities. New York, July 30.—Lieutenant John Cyril Porte, who was assigned to pilot Rodman Wanamaker’s air boat America in the contemplated trip across the Atlantic, may be called home by the British naval aushorities if war threatens to involve Great Britain. Lieutenant Porte is on a special aviation reserve list. He was a lieu- tenant in the submarine service un- til he was invalided in 1909. As a re- tired naval officer and an aviator sub- Ject to call, Lieut. Porte’s name is the only one of his special reserve list. The America, which is undergoing changes, is expected to be ready for further trials in about two weeks. Lieut. Porte is now in this city. TR S (TS DESIRE NATURALIZATION, War Has No Charmeé for Austrians and Servians of IHinois. East St. Louis, 111, July 30.—That war has no charms for the Servians and Austrians in the small towns near here was evinced yesterday when nearly 100 natives of the warring ‘Buropean nations went to the of of the clerk of the East St. Louis city court to apply for naturalization papers. The majority were under the im- pression that unless they were citi- zens of the United States they would be forced into the service of their countries and many of them after be- ing assured such was not the case, went away satisfled. Others, however, made awplication to become citizens of the United States. of ce | | TOKYO ICE BLANKET 1887--House of Hallinan--1914 Hello, Fellows! The BREAD in Demand is HALLINAN'S . and why? Because it has got the QUALITY in its make up, the life sustaining qualities of the wheat. The Housewife knows in those Hot Summer Days, it is not necessary for her to Stand over a Hot Stove just to Bake Bread, for she knows that she can get BREAD which she knows the whole# family will Eat and Enjoy, which is Hallinan’s N. E. Bread Hallinan Bread & Ice Cream Co. 142 MAIN STREET. ‘lights which the squadron —_— ! play in honor of the ston. Resolute and Vanitie to Take Part in | Resolute reached City Island yes- Cruise of N. Y. Yacht Club. |terday from Bristol and looked to be YACHT FLEET ASSEMBLING. FINAL REDUCTIONS on All Two-Piece ana Three-Piece Fancy Suits Our entire stock of fancy spring and sum- mer Suits is now figuring in the most re- markable clearance sale in the history of this store. Horsfall clothes must not be confused with ordinary clothing—they’re the finest ready-for-service garments. Never before have we offered such re- markable values at such cut-to-the-quick re- ductions. $10.00—For . any of our. $16.50 and $18.50 fancy Three-piece Suits. $15.00—For any of our $22.50 and $25.00 fancy Three-piece Suits. Horstulls “IT PAYS TO RUY OUR KIND” HARTFORD, regular $15.00, Two-piece and regular. $20.00, ‘ Pwo-picce and HARTFORD will dis- | in the finest racing trim. She has New York, July 30.—The fleet ©of | heen re-mea the New York Yacht club, including ' o] W Webb, measurer of the the cup defense yachts Resolute and R Vanitie is assembling today off Glen Cove, L. I, for the annual cruise of the club, which begins tomorrow morning. This is the club’s seven tieth birthday and tonight the shore and water front of picturesque Hemp- stead harbor will glow with the re- flection of thousands of electric ' surements are also said to be changed, s0 that in the coming trials the boats ill race on a more equal footing. e actual difference, if any, given out by the regatta committee at the end of tomorrow’s run to Smith- town B Save th NFANT MORTALITY is something frightful, of all the ‘children born in civilized countries, twenty-two per cent., or nearly one-quarter, die before they reach ono ycar; thirty-seven . per cent., or more than one-third, before they are five, and one-half before they are fifteen ! ‘We do not hesitate to say that a timely use of Castoria would save a o can hardly realize that majority of these precious lives. Neither do we hesitate to say that many of these infantile deaths are occasioned by the use of narcotic preparations. Drops, tinctures and soothing syrups sold for childrcn’s complaints contain more or less opium or morphine. They are, in considerable quantities deadly poisons. In any quantity, they stupefy, retard circulation and le: to congestions, sickness, death. Castoria operates exactly the reverse, buf you must see that it bears the signature of Chas. H. kletcher. Castoria causes the blood to circulate iproperly, opens the pores of the skin and allays fever. Genuine Castoria always bears the signature of 2 2A M{ red in Bristol by Har- | New | | York Yacht club and Vanitie’s mea- | will not H be known uptil the corrected times are | USE THE IT WILL CUT YOUR ICE BILL IN HALF Demonstration Now Going On at the Curran Co., 381-385 Main Stree: P.—Representative may call any day atyour house. Don’t turn him away without hearing what he has to say. THE TOKYO MFG. CO. 26 STATE ST., HARTFORD 93-99 ASYLUM S8T. Connecting with 140 TRUMBULL ST. SUMMER FICTION A new line of ' 50C Fiction by all the well known authors. Just the thing to take with you on your vacation. Mail orders filled promptly. - Saftionery Deph. | THE DICKINSON DRUG <0, 162 and 171 MAIN STREET We give Rogal Gold Trading Stamps. Ask for them. REDUGTIONS FOR WEEK ENDING AUGUST 1st PURE LARD {]c This Reduction f:r This Wesk Only. A Pound A&P hunt () @ CAT:UP g SAUERKRAUT, a can 8¢ Bottle Broken RIGE, a !y‘3c Delicious JELLY, a tumb.7c | OvenFreshPretzels, Iv7¢ Other Leaders This Week Lime Juice ....... bottle 35c ¥leciro Silicon . box 8¢ Corn Pul . ... pkg. 13¢ safety Matches .. doz boxes de Ice Cream Salt . .10 1b, bag 10¢ ¥iy Paper . .3 double sheets 5e bt Butteri= 131¢ Creamery EE:".'E:'-E:'; New Potatoes, . . pk 35¢ 100 Stamps e ¢ A&P Baking Powder 50c 10-Stamps With Any of the Following Groceries-10 1 b, A&P Witch Hazel . 1 bot. Mustard Relsh . . 1 bot. Puritan Extract fo hox ** Polish &P 1 can Sultana Spice 1 bot. A&P Stuffed Manzanilla Olives 1 pkg. A&P Borax . 1 pkg. Flashligng 1 Minute Tapioca 1 bot., Onion Salad 1 ean Pimentos 1 bot. Peroxide . 10e 1. pkg. Shredded 1-2 Ib. cake A&P Preminmn 2 phkgs. C Chocolate . .. 2 cakes A&P olate ... 5 Stamps with one 10-0z. pkg. Saleratus, 5S¢ 20 Stamps with 1 can A&P Cocoa, . . 20c &P lc Powder 1 pke Jelly eet Choo- Free Delivery Tel. 135 B4