New Britain Herald Newspaper, March 20, 1915, Page 11

NEW BRITAIN DAILY HERALD, SATURDAY, U.S. FINANCES MRE IN GOOD SHAPE; CLEWS Weekly Busess Lot Expresses Optimism for Th's Country. (Special to the Herald.) New York, March 20.—The iking, also the most assuring, fact in the ‘outlook the remarkably strong financitl position of the United thor- basis. most is Suates. Our fiscal affairs are ©01ghly mobilized upon a Nearly all the emergency .currency issued in the form of Aldrich-Vree- land notes or clearing house certifi- | cates has been retired. Our banking | w¥stem is exceptionally strong; and the Federal Reserve system, with minor .exceptions, is' working very satisfactorily. Qur gola supply is simply enormous, reaching about §1,800,000,00, which is vastly more ithan necessary for our requirements. There is consequently no nced of our importing gold, althougn foreign exchange rates favor such an influx. Our merchandise exporis are upon an ¢normous scale, and promise to $o | candinue for months to come. As im- | ports are declining, the trade balance in our favor is steadily rising. To some extent, the void in imports is| being filled by a return of securities; Lut much of the balance remains on this side in the form of foreign | credits which are steadily growing in importance and volumé. New York for the time being is the chief open | Juoney market in the world. and all, or nearly all, of the belligerents have established large credits in this mar- ket to be used cheifly for the purchase of munitions of war. Until the war énds, a contingency unhappily not vet in sight, this situation will probably | be maintained. The war is still the dominating influence in our financial airs, 'and the United States is the oply country thus far receiving any off-setting advantage whatever from the staggering waste of life and prop- érty now devastating Europe. Spring “has arrived and the struggie will now be waged with renewed bitterness and vigor; no end being in sight at this writing, except such as must develop from exhaustion or breakdown. Home Business Improving. The home business situation, while far from satisfactory, shows Improv- ing tendencies at work. Of course business is depressed; that could not be otherwise, circumstances con- nidered; but the sane poifcy is to make the best of things and steer a steady course between blind op- tygpism and deadening pessimism. Confidence is slowly reviving. Many industrial activities will resume with . ‘the coming of spring. Building opera- tipns are already on a rising scale. The steel_trade s expandifig. Slawiy. bt surely, “and is now rurning'on a i per cent, basis. Unusual quan- tities gf manufactured steel are béing exported; also:large quantities of -war #fterials. . Amerlcan ship owners areenjoying a positive boom, such as | they have -not. witnessed in , years. | implement Mmakers are beginning to fekl effects of the prosperity enjoyed | by American farmers, which has done | 80 _much to offset industrial depres- | &i in other parts of the countr L O cotton industry is working undes | Letter conditions, thanks to lessened | uncertainty regarding raw matfirials} and labor. Our railroads, however, are still seriously hampered by di- | minished revenues and increased ex- penditures, so that the dividend out- | Icok is still a problem for weakened lnes. Nevertheless, it would seem as | ifsthe worst concerning the rallroads | var, | Any | are readily absorbed. be large, especially whither the shiftless always drift in the winter. But the number of jobless is much smaller than might have been expected in view of so much depression, because var has stopped immigration and in- duced a large number of aliens to re- turn to fight for their native lands across the sea. This spring few if any aliens will come to the United States from Europe; and after the war is over labor will be n such large demand fer reconstruction purposes as to restrain any sudden Influx to this side. Public attention has been largely concentrated upon the new form of blockade adopted by Great Pritain and her allies. Thus far this movement has not seriously aggra- vated the export situation, but' the outlook is full of rather serious possi- bilities. Yet, so long as a patient and considerate spirit is maintained bhetween our government and the aliies, the danger of trouble will be reduced to a minimum. Tt is fortun- ate that copgress is not m session. Our president is weighted with tre- mendous responsibilities, in the meet- unemployed may in great cities, | ing of which he merits the support and not the criticism of the public in | his present policy towards the belli- malintaining faithfully inter- serent: which ~ while strict neutrality is also guarding legitimate American ests. Stock Market, The New York stock market con- tinues to show.moderate fluctuations. special strength appeais to be promptly checked by foreign selling. On the other hand, there is no general weakness, and the better grade stocks Very consider- able amounts of American stocks and bonds have been 'sold here on foreign account during the past few weeks, without causing any appreciable weakness. There has been more or less selling on short account, pre- sumably. to anticipate further foreign liquidation. Purchases are being rade with much discrimination, in- vestors showing a decided preference for short term obligations, good bonds and high-grade railroad shares. There have been further offerings of government, municipal and public i issues, which have been well considering adverse influences. Mon is easy and foreign exchange continues weak owing to the large supplies of commercial bills, based on shipments of cotton, foodstuffs and war materials. heavy selling of exchange on behalf 0f one or two leading European gov- ernments, presumably in connection with military" operations. On the stock exchange the tendency if procesg has been downward. The war is now entering upon a new stage; carnage and destruction are about to begin on a scale never before experienced. It is impossible to feel otherwise than depressed by such unspeakable horrors and suffering. HENRY CLEWS. PINKERTONS DETECT LOCAL -GAS THIEVES taken, -(Continued From First Page.) explained the modus gas thieves. Coming in from the street is a pipe which carries the gas. Inside the house is a pipe cannected with the house piping. These two pipes are not connected, but one leads into the meter and the other leads out. Thus, when the meter is disconnected there is no way for the gas to get from one pipe to the ather. The method employed in stealing theé gas was to turn on the cock in the pipe leading from the street and attach a short length of rubber hose from that pipe to. the pipe leading into the house and the flow of gas was camplete. When de- tection was feared it was a very sim. Richardson operendi of the had already been experlenced; and a very important factor regarding their | future. is the steady subsidence of | popular agitation against roalroads and other large corporations. The | digposition ' to injure capital by ill- | acvised legislation and Tegulation is.| distinctly: on ‘the wane. Not only at Washington, but in state and muni- cipal governments, a more rational | end just spirit is developing, that 's | sure to encourage a slow but steady aevival of confldence among business lcaders as well as investors. The labor situation here is better than in ah}v other country of the world at this time. American labor is free from | the cutse of war. The proportion of | | | Iver Johnson Bicycles Are the Best | i | bicycles. $15.98 to $50.00. We carry a full line of bicycle tires agd sundrics, : We are headquarters for bicycle re- pairing. Fisk and Miller auto tires at low- est prices. Why buy cheap tires when {you can buy the best for a littie more? % | with drunkenn Come in and sce our line of mew | ple matter to disconnect the rubber pipe and turn off the cock. The more Mrs. Peterson laughed and attempted to explain matters the worse she made it for her husband and Judge Kirkham found him guilty 8 charged and imposed a fine of and costs. Theater Disturber Fined. Henry Ehle, aged twenty-two, the oung man who was arrested in the Scenic theater by Officer Atwater yes- terday afternoon for creating a dis- turbance and then punching Peter Perokas, an attache, when he remon- | strated, was fined $25 and costs by Judge James T. Meskill, who occu- pied the bench during part of the court session. Ehle admitted hit- ting Perokas, but denied making any trouble. where to sit and Perokas rushed up to him and knocked him down. Ehle is the young man recently arrested jand fined for breach of the peace at Keeney's theater. He was fined $15 and costs at that time and Prosecu- tor Klett asked him if it had no ef- fect on him. “Yes, it had lots, but when a man hits me it's up to me to hit him back.” As he was being taken to the police station he shouted back at Perokas that he wauld ‘“get him” as soon as he got out. Mahoney and Grabeck in Toils. Stephen Mahoney and Joseph Gra. beck wereé enmashed in the police net again last night. Both were charged and the former was charged with interferring with an officer. He was fined §10 and costs, while Grabeck’s case has been ! continued until Manday on request of Attorney W. TF. Delaney. Officer Frank Moore arrested the two men on Sexton street at 10 o'clock last evening. He ' testified that as soon as he had placed Grabeck under ar- rest, Mahoney grabbed the prisoner and interferred with the arrest. He rapped for Officer O’'Mara and placed the disturber under arrest as well Mahoney denied the and said he was willing to leave the facts concerning his condition to the chief. Chief Rawlings was then also L. A, GLADDING 4 Chestnut Street called to the stand. “What was Mahoney's condition?” “They were both drunk and Ma- There has also been : He said he could not sees| accusations ! honey had a ‘brain storm.’ He was dancing a war dance and was insult- ing and nasty.” He was taxed $10 and costs. James Scott Freed. James Scott, arrested on a war- rant made out after Conductor J. M. Sturgiss, who runs between here and Berlin on the dinkey, had com- plained of being assaulted, was, freed in court this morning when the con- ductor declined to identify him as the man who caused him the trouble. Prosecutor Klett then entered a nolle. Conductor Sturgiss said that last night & man made a disturbance - on the train and later, after an argu- ment, he struck him. Scott pleaded not guilty and the accuser took the stand and said he could not identify him as the man who hit him, al- though he resembled him. James Con- lon, the bagagge master, was likewise unable to identify Scott. Two drunks, James Egan, arrested by Officer Cosgrove; and George Nor- kievick, arrested by Officer Theodore Johnson, were fined $10 and $5, re- spectively. Coal Thief Is Fined. ) Officer John Carlson arrested Leo- | nar Omilitti, of 571 Main street, last night, charging him with stealing $1 worth of coal from the New Britain Lumber & Coal compans The ac- cused denied stealing the coal, ex- plaining that he picked it up along the tracks. He says he has no work 50 picks up coal and sells it, using the money to buy food. He was fined $5 and costs. Beats Wife When Necessary. Guiseppi Rappanatti, married five , told the court that he beats his wife when she deserves it. He said that she deserves to ‘‘get it be- cause he has several unpaid bills which she will not help him pay. She testifiad that she earns $3 per week and he takes it away from her. The young wife told the court that she was black and blue from her feet to her head where her husband had hit her. He was sent to jail for twenty days. Probation For Youngster. Peter Berkowitz, the sixteen years | old Hartford boy arrested for stealing | a pair of field glasses from John Curran’s drug store was placed probation, in care of the officer Hartford where he live: WILL PAY TRIBUTE TO LATE JUSTICE B on in Members of 'the Supreme Court Bar ‘Will Honor Memory of Their Associate. Washington, March 20.—Tributes to the memory ‘of the late Lurton ‘of the supreme court will be paid by rhembers of ' the supreme court bar'at & ‘Theeting in th'é cham- bers of the court at the capitol next Saturday. William H. Taft, who sat on the circuit bench with the late justice and subsequently appointed him to the supreme court, has signified his in- tention to attend. He probably will be chosen to preside. Noted attor- neys and judges in various sections of | the country, particularly the middle and southern states, have announced their intention to be present. Inasmuch as the court itself will not be present, Mr. Taft as chair- man would occupy the chief justice’s seat on the bench. WILL RESTORE AUSTIN 10 HIS FORMER POST Ensign, Dismissed From NHVV for Marrying, to Be Re-installed. Washington, March 20.—Secretary Daniels was ready to day to take up ! with President Wilson the ecase of Joseph Elliot Austin of New York, a yvoung ensign wo was dismissed from the navy in 1910, because he married without departmental permission. An ironclad rule in the navy at that time provided that - no ensign should contract marriage without the department’'s permission, the purpose being to make sure that the young officer could maintain a family, which the salary of an ensign, unless sup- plemented from outside =ources, scarcely guarantees, This order has since been revoked, but Austin could | act of affirma- not be reinstated except by congress and the president's tive action. Secretary Daniels looked into the case and found that when Austin mar- ried, which was at Honolulu, he in- vited the captain and all the officers of the vessel to his wedding, which seemed to support his contention that e did not know that he was violating any departmental regulations. The secretary, who is a champion on mat- rimony, endorsed the bill, which comn- gress passed, providing for Austin’s restoration to naval service, and this will be accomplished just as soon as President Wilson acts, The special act 100ks to Austin’s re- appointment as an ensign CRUDE OIL Second Cut Within Week Announced Today. Pittsburg, Pa., March 20.—The sec- ond cut in the price of crude ofl within a week was announced here today, when the principal purchasing agencies gave out the following quo- tations at the opening of the mar- ket: Pennsylvania crude, $1.4 mercer black, cabell and Newcastle $1.00; corning, 8/ cents; somerset, 83 cents: ragland, b cents. The new prices Justice | | or | of the United i tice of the other | have represent a cut of five cents on Penn- sylvania crude, corning and cabell, and 2 cents on the others except rag- land which remains unchanged. provisions FINGER PRINT SYSTEM | USED FOR SAILORS Amercan Tars Must Supply Récords | for Identificatien Purposts. Washington, March 20.—Finger prints of every sailor fn the Ameri- can merchant marine are to be taken in connection with examinations to determine their qualifications to be listed “able seamen” and “certi fied life-boat men,” under the prc Visions of the new seamen’s law, Be- tween now and July 1, when the act takes effect, about 30,000 will have to undergo the tests, and the depart- ment of commerce has asked the cc operation of the coast guard service in putting the law into operation. Will Accept Cards, Each man who passes the examin- ation as an ‘‘able seaman’ or “certi- fied life-hoat man” will receive « card, giving his classification, on which will appear 'nis finger print as a mark of identification as well as his Sign. These cards are to be accept- ed by the masters of vessels as quali- fications. To Prevent Fraud. The finger print system used to prevent fraud. Without such a safeguard a man who had qualified as an able seaman or as certified life-boat man could sell his card to one who had never been at sea, TUCKERTON WIRELESS WANTED BY GERMANS Concern Fics Peiion for Dis- missal of French Suit. - Trenton, J., March z German corporation which owns to be | wireless station at Tuckerton, X today asked the court of chanc Jdismiss the sujt brought by French corporation to gain possessi of the Tuckerton station and the wire- less station at Eilvese, Prussia. The Irench company charges that the German concern before the European war started had agreed to sell the Tuckerton station to it. The papers filed by the corporation today are in the form of an answer to the suit, and ask the court to dismiss the suit withhold ‘action in the case pend- ing the outcome of the war. The an- swer further states that any steps tak- en by the court at this time would be incompatible with the neutrality States. U. S. Takes Charge. The United charge of the sending and receiving of messages at the Tuckerton sta- tior on Sept. 9, 1914, in order to prevent violations of American neu- trality. The German company in its answer says the Tuckerton station is the best means of communication between the United States government and Ger- many because it has greater capacity than the station at Sayville, L. I. The Tuckerton station, the answer says, is used by the German government in communicating with the German am- bassador at Washington. Object of Suit, The answer further says the real object of the suit is to bring about cessation of communication between Germany and the United States. The German answer says that none of the alien parties to the suit would be permitted access to the courts of jus- countries or be per- States government took | despatches from mitted to enforce the contract which the French concern avers was agreed to Ly the German corporation. GERMANS PLACE Pics AS BELGIAN BOARDERS One Miliion l;erkurs Must Be Main- tained by Corquered People. Brussels, Belgium, March 20, via London, 3:03 p. m.—One million Ger- man pigs have been billeted on the civilian population of Belgium, The pigs must be fed and cared for by the Belgians who, without distinc- tion as to class, must perform this service. One of the wealthiest in- habitants of Brussels has been' com- pelled to take twelve hogs on what ! he styles “reduced rates by the week." His poorest neighbors have one pig to a family. For some time there have been re- ports of a shortage of fodder In Ger- many, whereas the amount in Bel- gium is nearly normal; hence the im- portation of the swine. Belgians are concerned Lresence of the pigs result at least lest the in a fur- | ther depletion of the already scanty supply of food necessary for the peo- ple. With their customs thor- cughness, the German authorities have devised an elaborate system of billeting the pigs and obtalning re- ports as to their condition. The dis- tribution system has broken down oc- casionally, however, with the result that occupants of apartments and flats found themselves saddled with of several animals billeting regulations include for compulsory health re- ports and vital statistics. the care The HARTFORD FOR STOUT WOMEN SPECIALTY. UITS Spring Gloves in Gray with fancy back and Cape Gloves of | every description. i to 81-2, Regulars—7 1-1 to 10. $1.15 TO $2.50. Cadets—7 1-1 ND LAMSON HUBBARD HATS! New Spring Styles. $2.00, $2.50, $3.00 and $3.50. FOUR-IN-HANDS AND BOW TIE 23 50c, $1.00. In plain reversibles and wide flow- ing ends. In both H. O. P. and Cheney Silk designs. | JAPANESE BELIEVE ANSWER WILL SUFFICE Assurances of Orcatal Wil Clear 30 Press which it is reported that the United States has fssued a warning to Japan in con- nection with the Chinese negotiations are accepted here as an exaggeration of the fact that the United States re- cently made inquiry concerning sev- | eral points in the Japanese demands | | | Tokio, March 20, p. m America in | as communicated to the powers. | While the foreign office declines 1o discuss the question, Japanese stales- men express the bellef that their country’s assurances will satisfy (hn|‘ United States. Root Agreement, agreement | The reached between Baron Takahira, when he was min- ister to the United States, and Elihn | Root, at that time secretary of state, | gives America the right to consult | Japan at any time concerning the status quo in the Pacific or the in- dependence of China. When Japan | entered the war and besieged Tsing- | Tau the United States amicably ealled attention to the Takahira-Root agree- | ment, which provides for maintaining the independence and integrity of | China and equality of commercial op- i portunity in that country. The inquiry of the United States, according to information obtained in | Japanese quarters, concerned minor | points on the Japancse demands, and Japan in reply gave a full explanation which the United States approved. | CHIEF COMMANDER. Roger Upton of Boston Elected Head of Motor Boat Organization. New York March 20.—Roger Up- ton of Boston, was elected chief com- mander of the United States Power Squadron, composed of motor boat | clubs, at the annual mecting of that organization here last nig Charles | F. Chapman of New York was elected | vice commander, and Charles Tang- streth of Philadelphia, rear com- mander. Forty delegates represent- ing clubs in New York, New England, Pennsylvania_ and Tllinois were pres- ent. Rear Admiral N. R. Usher, com- mandant of the New York Navy Yard | in a speech, commended the work of | the organization. { E. F. ANDREWS DEAD, Washington, March Trazer Andrews, who painted several of the portraits now in the White House, including those of Martha Washington and Dolly Madison, died | here vesterday after a long illness. He was born at Stubenville, Ohio, in | 1855. Mr. Andrews formerly was rrincipal of the Corcoran School of | Art here, | 20.—Eliphalot LARGE FLOUR SHIPMENT. St. Louis, March 20.—A local mil- ling company yesterday completed the shipment of 100,000 sacks of flour to | New York, fr8m where it will ba | shibped to two different Europesn | nations now at war, The sum in- SPECTACULAR RISE 15,000 Stares Traded in Firt uzn; | drive against | Am | Am Southern Tenn T Steel. Westinghouse RI MEMBKRS Represented by K. W.. AMERICA STANLEY LANDERS;’ AMERICAN DIRECT PRIVATE WIRE 'Phone 1621. FINANCIAL 1§ IN BETHLEHEM STEEL © Hoor-Goaeral Gams. Wall St.— | largely | York, March 20; wan New The week-end session dominated by a further rise in Beth- Tehem Steel ;harefi to 68, a gain of 4 1-2 points, and a maximum advance cf 9 1-4 from its low quotation of the previous day, On the surface the sensational advance the which was made mainly on small in- transactions, suggesting the ehort Interest. | Rumor, however, attributed the high record for this stock to more potent influences. The balance of the list |t manifested a strong undertone, being | ! unaffected by the latest from Burope Motor shares and some of | ¢ department store specialties | T unusual degree the Bonds were steady, ex- in stoek, | a { dividual news the figured day's gains. cept York Central sixes, repeated their to an in 1 t New which Jow New York, March 20, Wall Street, i0:30 a. m.—Another spectacular rise in Bethlehem Steel was the chief fea- || ture of today’'s early operations, Trad- ing in that stock during the first half | g hour approximated 15,000 shares, its | s top price being sixty-eight, a new | | nigh record and an overnight gain of 41-2 points, Its closing quotation & week ago was 54 3-4. Standard stocks also were fairly active ai general gains over yesterday's close, De- lartment store issues rose from one to four points, 7. 8. Steel came out in large individual transactions at a steady advance, 2 March 20 Low. Close 42% 42% 581% 66 281 287 94% 947% 21 647y o High 42 % 567% Beet Sugar Am Copper Am Can 204 Am Can pfd. 947 Am Locomotive. . )1 Smelting. . . 6534 Sugar . 101% 1013 Am Tel & Tel....120% 120% Anaconda Copper.. 27% 27 A TS Fe Ry Co.. 95% Am e b Beth Steel .. ... Canadian Pacific. .1568% Central Leather 34% Chesa & Ohio. . 41 Chino Copper..... 36% Chi Mil & St Paul 87 Corn Products Co. 11% Erie e 22% Erie 1st pfd .. 26% Great Nor pfd....116 Interborough 1y Interborough pfd. 5973 Lehigh Valley 136% Mex Petroleum. Missouri Pacific. .. NY Hudson . Nev Cons. .. s NYNHE&HRR N Y Ont & West Northern Pacific. Penn R R Pressed Steel Ray Cons Reading Rep Tron Southern t u o & Car. & Pacific Railway. Copper Union Pacific Utah Copper U S Rubber Co 120 541, 57% 449 68 1% P liere today price on free| , | trading. v frauod the Hardi, SBacred that an address tice be to Pope Plus X while blood was, AMER New York, | an steamer weglan & n eptember by West Indian delivering raider Ka G for aboard, 0 L he o Passengers f Parima assu parture of the hat they had he prize cou formation was The two steam o be taken fi auling. The sailed from St. 1 aken by the hem, Action The Lorenzo hamed in an found in this ol employes of tH ine here, chaj Uni or the port to els laden with ivered to Ger Rome March 0, 4:36 a. m, chancell: hurch and sul College, died 1o years, Albano, and w. nal in 1896 He was Tt was he wh College rent powers a arrange attlefield WRESTY New York, M try-outs for the ships at the P on, which will Square Garden evening, wrestling meet auspices of Ami More than sixty ed, ranging from will P to hea s Connecticut Trust and Safe Depg A STRONG, RELIABLE CORPO! organized and qualified through years trustworthy service, to act as Executor or Administrator. CAPITAL $750,000. Conservatg SURPL Connectjcut Trust and Safe Dep M. H., WHAPLES, Pres't. volved was said to be $1,000,000 I