New Britain Herald Newspaper, June 19, 1915, Page 11

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of the contessfons from the ac- oimore about this. case than any blication. to it ana his ability to Zebris and Eva Gilmanaitis in this jy on-¥February 8, that has not been i Montvid after TRUE. STORY OF MURDERS * Making Various Contradictory Confessions Accused urderer Admits That He and Krakas Did Killing Alone But He Lay All'Blame on His Pal. but two ri:qre Wwitnesses to put{ stand before his evidence is State’'s Attorney Hugh M. Al- a5 made a record in criminal in this state by the chain of stantial evidence which he has around Bernard Montvid, f8d with the murder of Rev. Jos- d at any previous trial. before,: state, lawyers who 6 Tollowed criminal cases for many has. a state’s attorney succeed- nnectdng such a strong chain dénce @gainst an accused. Not link ‘§s missing and not a sin- € has been broken by the de- only othér two witnesses to be by the state's attorny are Ser- Samuel -Bamforth of this city, “R. Malinowski, alsé of this L last named is by far the ant witness which the as it was he who secured and he to is acknowledged living man because of his close d' the language of the ac- State’'s Attorney Alcorn will Black, Samuel Bamforth, Robert T. Hurley, M. R. Malinowsky. Speaks of Murder. Thé first mention of the murdér of Father Zebris was in a statement alse madé March 12. It is printed below: Wilmington, Pel., March 12, 1915, Monday night, February 8, 1915, at about 7:30 p. m., we went out to Father Zebris' house. 1 Stood near side of church and Keison and two other felloews went in priest’s house through'the front door. They stayed about oné-half hour and then came cut the front door ana Kelson said “everything is done,” and gave me a bunch of keys and told me to keep them. We all left. I went direct to my room and they in tne other di- reéction. I criéq.all night in my réom ard .when I go%up the next morning at the dinner4able I heard my board- | iz boss teHl out it, ana I was so nérvous a‘ spoon fell out of my' hand. Monday at noon Kelson told' me to .meet him in a saloon on Majin street at 7 o'cloek and we will go and get some money from Father Zebris. I met him in the saloon at 17 o'clock and Keélson and two strange men that were with him started for Father zebrig’ house. We walked in single fle until we got to the church, where his evidence before the jury esday when court again con- Just how much defense the | #Will make is unknown, but er's only chance is thought a ‘reasonable doubt pledd to have his client let second degree murder. It is sthat the case will go to the ate Tuesday or some time Wed- fmost important feature of the ftrial came out yesterday af- when the several confessions t various times by Montvid d. Last night's Herald gave suminary of their contents, the reading of them was not ed until after press time the lext coyld not be printed. The confessions . are herewith " in ‘their entirety and in the t statement made by Bet- his arrest, in iton, Del., Wwas on March 11, March 11, 1915. in Canada, stayed there months. Came with a out thrée years ago, .\#fi"nf to Chicago to Anténie Montvid, on Ful- /1 stayed there about a three months. Acted as agént for Nationa] Accident ‘Worked only a short time. worked for a portrait com- anager’s name, James Bailey. ficago and went to Detroit, sold barber supplies. Teft jnd° went from town 'to town eame to Taunton, Mass. There d a barber shop and pool- ‘Stayed seven or eight months Vashington street. Mr. Bar- | Wyns ‘thé building. Closed the dfter New Year's. Shipped the 4% t6 Chicago and went to South and Dorchester. Stayed vo weeks. ~Then I went from b ‘town selling Lithuanian and books. ' ,I got them from Galvanitis. 1 sént all ‘the had left from Bridgeport to n Montvid,” ahout one jalf weeks ago. Stayed in ort tour days. 1 was in Wa- ' bvefore gbing to Bridgeport. ‘about one week with a cou- ¢ Malinowsky, on Bank street. " a fruif store. Before going rbuyy. I was in New Brit- dn’t stay—-went through the “going from Springfield through d. Stayed in Hartford three days. 1 bought my type- in Boston. I never let any ke it to write on. I always #(Bigned) B. Montvid. Samuel Bamforth, M. R. Malinowsky, : R.T. 'Hurley.‘ txt statement to!lows ington, Del, March 12, 1915, nard Montvid, do hereby state ,unsélicited without any pr 8 that John Kelson rded at 330 Arch street, New Conn., ‘with a German family. ere January 21 or about that fi r being there a few days, or ncured a package from - thé rms company. Kelson re- bout one week and then left. time Kelson received a_tele- jaying sister was sick. A few ter I met Kelson on the street told me he was rooming at 33 street, and I visited"him while s there. While I was at 330 eet I'let my Dboarding boss fétter on my typewriter and [ feft 1 took the typewriter with en T went to Waterbury, and on Bank streeét witi a man ins 4 store. He keeps a fruit While ‘in New Britain I was for Kelson to start a barber 41 was going to weork for him. firsti place 1 ever saw Kelson was ori, near the Kelevis Publish- sSmpany, 28 West Broadway. . about five months before New Britaln. When we éw Britain I met him in a j6n"and he ana 1 weént and t 330 Aren stréet. I n a letter ;nue in 1;7;. W in New Britain. ter i in 1 did rot see Kel- 1 stood on watch whilé they went in. . (Signed) . B. MONTVID. Witnegses: Geéorge Black, David ‘Wardle, Robert Hurley, M. R. Mali- nowsky, Samuel Bamferth. Accuses His Friend. Montvid alleged that Krpkas, whom ke called Kelson, wrote = the black- mail letter to Reév. Lucyan Bojnow- ski in the following statement, made to the police on March 12: Wilmington, Del.,, Marsh 12, 1915. John Kelson wrote thé anonymous letter shown to me by Mr. Malinow- sky. It was written on my' typewriter while in New Britain. C(Referring to letter written to Rev Lucyan Bojnow- gki, February 15.) The letter -was mailed while on Arch street, New Britain, I saw him w-rite the letter. When 1 went to Waterbury, he took the ‘typewriter to Spring street. I got the typewriter back when I met him in Philadelphia. When in° Waterbury I got & letter from Kelson telling me to come to Bridgeport. I started and 1 told my boarding bosg I was going to Boston, but that was a bluff. 1 went to Plainville and went to Bridgeport. T know\thct John Kelson = killed Father Zebris, but I wn afraid to tell He went to get money, and he dfd not want t6 give it s6 he killed him.. The next day when I meet him he said: “Well it is done, I could not get the moneéy -and I killed him,” and he gave me a bunch of keys and told me to keep them. (Signed) B. MONTVID. Witnesses: David Wardle, Samuel Bamforth, George Black, M. R. Mali- nowsky, Robert Hurley. 3 Makes Another Statement. Montvid identified as his property the typewriter shown in court, ac- cording to the following statément, given the police on March 12: Wilmington, Del., March 12, 1915. The typewriter showed me in the prison I identify as my wypewriter, the sume one I had in New Britain, and the extra wheel showéd me is also mine. The pad of writing paper shown me I had in my grip, Kelson left it with me at 330 Arch street in Neéw Britain. (Signed) 4% . MONTVID. Witnesses: Samyel Bamforth, David Wardle, George Blick, M. R. Malinowsky, Robert Hurley. Says He Entered House. The first admission that he entéred the priest’s home in Néw Britain was on March 23. The statément follows. Tuesday, March 23, 1915. 1, Bernard Montvid, do hereby state, free and unsolicited, without any threats or promises, that four of us went into Father Zebris’ huose. The woman opened the door. Joe Schultz went in first; Péter Krakas next, then John Gilman, and 1 was last. I shut the door. Peter asked Father Zebris for money, and then .Father Zebris began to hollér and Peter shot him, and Peter took a string from his pocket and tied it around his neck. Joe was still holding the woman. ‘When Father Zebris fell down, Peter took his wateh. In another room, Joe got $7 and some change. The wom- an showed him where the money was. Then Petér punched the woman and said, “Where is the rest of the money ?”’ She said “Probably upstairs.” Peter; Joe and the woman went upstairs. They broke the door nad went up into tne attic. They were gone seven or eight minutes and came and Peter said, ‘‘He killed her.” They searched the house before. théy killed the woman. I stood on watch at the front doof. When we left, I had ‘one bunch of keys. Joé had the money and cigars, and Gilman had a little box. Peter pit out the light in the front réom, after shooting Father Zebris, and Gilman put out the others Then they worked with a flash light. When we left, I opened the door and we all went out together. We went in the front door and came out the same door. We left at. 7:30 p. m.; got there about 7:10. 1 left them at theé cor- ner ‘of the church and went to my room at 330 Arch: street. I got $1.25 him In Philadelphia He S M;& for my share. Petér pawrned Father Zebris® watch in Philadelphia. Péter wrote the letter to Father Bojnowski demanding money. We 4]l started trom & saloon on Main stréet and welked single flle. We' ‘get quité a sum ét money. (!lrned) B. Montvid. Witneses: Robert T. Hurley, Samuyel Bamforth, - M. R. Malinowski. Admits Statement. On Mareh 24, Montvid claimed as his a list articles found in his grip when he was arrested. The list and statement follow: List of articles ¢laimed by Montvid to. belong to him and to Krakas, as found in his grip in Wilmington, March 10, 1915. ¥ The grip he claims to be his—that he bought it in Boston.. The box and pad of writing paper he claims belong to Krakas. He says he took the large bunch of keys from the priest’s house the night of the murder, and that Krakas took the small bunch. The package of papérs found in the grip, he says, are his; also the five men’s watches, two ladies’ watches and rings, he claims to be his. The Savage automatic = revolver, three magazines and cartridges he claims belong to him. The false moustaches he claims as his, and picked out the oné which he wore the night of the murder. The gearchlight, he says, be- longs to' Krakas. . The No. 5 Blickens- derfer typewriter.- he says,'is his and that he beught it in Boston. Montvid acknowled‘ep the above to be true as follows: 3 March 24, 1915, I, Bernard Montvid, do hereby state that the black hand grip shown me by Bamforth, Malinowsky and Hurley is mine. I bought it in Boston and the ‘articles in it are either mine or Kra- kas'. (Signed) B. Montvid. Witness; Samuel Bamforth, M. R. Malinowsky, R. T. Hurley. True Story of the Murder. The statement made by Montvid at the county jail here April 6, intro- duced yésterday by ‘State Policeman Hurley, follows: Hartford, Conn., #pril 6, 1915 I, Bernard Montvid, do hereby state, free and unsolicited, without' any threats or promises:— That I came from Russia to Taus- ton, Mass., 6 Read street, and stayed with my sister, Mrs. Martin Statukes. I cameé about three mnd a half years ago. 1 went to work in the Whitten- ton Manufacturing company mills in the dyeing room; worked there three months. 1 then went to my brother's, Antonia Montvid's 9th street, Boston, Mass. There I sold books for one month. I then went to New Haven, Conn. Got a job in a grocery store at 8 Walnut street with John Waitke- vics; stayed there three months; re- turned to South. Boston . £at.a job, with Peter Matus ofi D street. It was a grocery store; worked thred mionths. I then wpnt to’ worlkin ahother gro-i cery store on' 'Bréddway, Boston; stayed there two months, after that, I went to work for the Equitable In- surance company; stayed flve months. I then wént to Chicago, 111, got a job with James Bailey in the portrait business; stayed seven months. I then started to print a monthly paper at 1650 Fulton street, Chicago. I kept it four months; after that, 1 worked for the Accident society Insurance company for four months; then I went to Taunton, - Mass., and opened a barber shop on High street. Stayed ington street:: While 1:was on Wash- ington street, Peter Krakas came to Taunton. ~5'Tt was iniDecémber, 1914. He was rooming on Park street;- that is the first time T-got a¢quainted with him. 1 closed by barber,shop after Christmas, 1314, and“shipped my fix- tures to Chicago and I left Tauntor | 4nd went to Bostor and started sell- ing barber supplies. 7 \ About three weeks later T lefl Taunton, I met Peter Krakas in Bos- ton. We weént to Springfield, Mase, and got a room. I don't know the street. Stayed probably twWo weeks. We thén went to Hartford, Conn., Stayed one night; then we went to New Britain, Conn., and went to room a6 330 Arch street. Péter got an au- tomatic revolver ~from the Savage Arms company while there; later Péter went to -roém &t 33 Spring| street, New Britain, and I stayed at 380 Arch street Planned Robbery We talked about robbing Father Zebris's and Sunday evening, Febru- ary 7, 1915, we went to Father Ze- bris's house to get the plans of the house.. Peteér also talkéd with Father Zebris about getting married before Lent. That was about the evening. Wé went away Monday eévening February 8, 1915, Petér Krakas and I went to Father Zebris’s house to rob him. The woman let us in. When we got inside, Peter told Father Ze- bris to hold up his Hands, Father Ze- bris began to holler and thé woman. held up her hands and -Petér shot bris fell down, Peter took his watch and turned out the gas. Theén he punched the woman and said “Tell us where’ is Father Zebris's money,” she said, “I don’t know.” Peter then turned off the other gas light and used a flash light; then we made the woman walk with us and go thraough all the rooms. Then we all three, Peter, the woman and I, went upstairs and , went through all the rooms and found $7.36. Peter then asked again, “Where does he keep hig money." She said, “Maybe in the attic.”” 1 broke open the attic door and Peter, the woman and I went up into the attic and walkea around there, but could not find any more money and Peter said, "“We will have to kill the woman or she will tell everything.” Peter then cut the rope in the attic and tied it around hér neck, and choked her to death; ghe did not say one wdrd. At the time Peter shot Father Zebris, hé tied a rope around his neck. After thev were both déad, Petér and I left. We had $7.35, Father Zebris's watch and two bunches of keys that we took from the house. When we g0t out- side, we separatéd. Peter went to his room and T went to my room. I got $3.26 of the moneéy and oné bunch of keys. A féw days after. Lhe murder 1 was with Peter in his foom 4t 33 there one’ month;:moved to 27, Wash- | * 6 o’cléck in | Father Zebris, and wher Fatlier Ze- | Spring street and he wrote a letter on my typewriter to Father Bojiéw- ski demanding money. I left New Britain and went to Waterbury. The foregoing statement is the true facts regarding the death of Father Zebris and Eva Gilmanaitis and that there was no one there at the time but Peter Krakas and myself. B. MONTVID. Witnesses:— James H. Buckley, Clifford ‘'W. Scoville, - M. R. Malinowsky, Robert T. Hurley. Staté’s Attorney Alcorn promises| some more startling disclosures cn! Tuesday City Items Police. Officer and Mrs. | Patrick | Howley wiill' leave Monday for New | Milford, where Mrs. Howley - will; spend the summer with hér parents. Willlam Goodwin - of Washingten | Place vis’ reported . missing by = his'| mother. Coincident with his , dis- | appeararice the mother . says | missed '$50 from her bank. roll fore leaving young Goedwin drove ville-Where:-he abandoned it. Alréady the police” ‘are = receiviny: complaints ‘about fire works and last night a resident of Washington street wanted an officer to:go thére to pré« vent“the children from’ firiig off fire|| crackers. x Rev. E. R. Beckman, a returned missionary to China, ‘will speak at| the Him Baptist church | tomorrow evening at 7 o’clock. Rey. - Mr. | Beckman’'s_wife and two of his chil. | dren were /killed during the last up- | rising in China and he barely es- caped himself with ‘his two-year-old daughter. 3 s Albert A. Buell of Grand street is | spending a few days in Ansonia. Rev. and Mrs. George L. Thomp- ! son, formerly of this city, were the guests of Mrs. Fred Goodrich during, the present week. Rev. Mr. Thomp- | son was formerly pastor at the Meth- idist church. | “The Art of Omitting” was the| topic on which the Rev. W. Cook spoke last night at the meeting of the New Britain Christian Endeavor Union held in Newington. | - Chamberlain council, Jr., O. U. A.| M., will hold a big initiation this evening when a large class of can- didates will take the degree. Mrs. Charles Cleveland of 156 Black Rock avenue has returned home from the New :Britain Géneral hospital. The Working Girls' club has post- poned indefinitely theé picnic sched- uléd for next Saturday at Lake Com- | pounce. Instead the members will enjoy a strawberry festival at the: club rooms. H U. S. CRUISER BACK FROM DARDANELLES! North Carolina’s Crew Says Allles | Have Suffered Heavily—Alexan- . dria’s Filled With Wounded. Boston, June 19.—The cruiser North Carolina yesterday returned to honie waters after ten mohths of va- | ried foreign service, bringing accounts of the fighting in the Dardanelles. Officers and men said that the British and ‘French forces - had sustained heavy loses, and that the hospitals at Alexandria were filled to overflowing with wounded. Dubowy’s milk wagon over. to Plaine : Some of the wounded, they said, told them that the Australian troops had suffered especially in attempts to land under the Turkish fire, and that | | in one instance,-a British war vessel : fired on the men and killed many as they struggled up'the heights on the southern shore, in the bellef that they were enemy forces. British and American saliors were | not on friendly térms at Alexandria, according to the North Carolina’s c¢rew. Taunts by British tars that the United States was “afraid to fight” | resulted in several street encounters, and much hard feeling was shown. The North Carolina went to Burope carying. gold to the Americans | stranded there by the war, and re- ! |'mained to do other sérvices. TWO LOSE LIVES IN FALL OF AEROPLANE Third Man Escapes When Machine Suddenly Plunges to Earth at Quincy, Mass. Quincy, Mass, June 19.—An aéro- plane plunged to earth with three men yesterday. two of them dying as a result. George H. Hersey, Jr., of this city, a mechanician, was killed instantly. Willlam D. Ely, Jr., »>f Providence, R. I, who was receiving instruction in flight from Harry M. Jones, the operator of the machine, sustained injuries from which he died on the way to the hospital. Jones probably escaped serious injury by falling on the bodies of the others. The machine, a biplane, had as- cended from the Squantum aviation Good Spirits can only be enjoyed by those whose digestive organs work naturally and regularly. The best corrective and preventive yet discovered for laror faulty action of stomach, liveror bowels, is known the world over tobe BEECHAM'S PILLS Sold everywhere. In boxes, 10, 280, Wmfiwmm e e SUITS FOR STOUT WOMEN " A'SPBCIALTY Tatfeta Dresses $14.95 to $35 D Just as light and nice and cool as can be; just the gar- ment to wear in order to be a little dressed up during the hot weather. All colors. If you want something & bit more ‘“snappy” than a wash dress it will be neces- sary for you to get an H. 0. P. TAFFETA. T ——— field. Planing at a height of 100 feet, it was moving gracefully with its three passengers when persons below saw it quiver. Jones worked fran- tically with his control, but the ma- chine dropped to earth on the estate of Lotta Crabtree, the former actress. Observers expressed the belief that i one of the passengers interfered with | Jones’ operation of the biplane for a | moment, causing it to become wun- | steady. | . CHAILLOU KILLED. Paris, June 19, 4:30 a. m.—Dr. Au- | A guste Chaillou, a young physician eon- | nected with the Pasteur Institute, was killed while carrying out the danger- { ous task of disinfecting bodies lying between the French, and German lines. The glittering can containing the disinfectant he carried caught the bright 'eye of a Gérman sentinel and fire was opened with trench mortars. One of the shells struck Dr. Chaillou, killing him instantly. STERLING EXCHANGE IMPORTANT FACTOR ‘1971\ Commersial Gontitons i U, S, Improving, Says Clews (Special to the Herald.) New York, June 19.—Sterling ex- change was once more the feature in financial affaijrs. The pound sterling #ald this week at 4.76 1-4, the lowest juotation in over a vcentury. This is a discount of about 2 1-4 per cent., and compares with a discount of | ahout 4 per cent. on French exchange, 1F .6n Italian, 16 on German and 24 | on Russian. This demoralization of | exchange, as every one Enows, is due 16 the war and theé consequent impair- ment of national credit. The decliné | has been complicated by the violent | @islocation of our foreign trade with | the belligerents. | have declinéed materially ‘While our imports ,our exports have increased enormously, creating a fabulous excess in the latter of about one billion dollars during the closing fiscal year. These comparisons show that thus far Great Britain has stood the strain far better than any other nztion, and while it is possible that sterling may seéll at still iower figures, there are as vet no signs of weakness in Britain’s ability’ to rnance both hergelf and her allles until the end of the war. The exhibition of etrength and skill which British finance is making is remarkable, and far exceeds all expectations; nothing ke it having even been witnessed in history. Thus far the national debt of Great Britain has increased about $4,000,000,00, and has more than doubled in amount since the war be- gan. Mr. Asquith notified his felow- countrymen the other day that the war, which has been costing about $13,000,000 a day, including about $1,000,000,000 advanced to her allies, will soon cost over §$15,000,000, or at the rate of nearly $5,500,000,000 an. nally. ' Such waste 1s staggering.’ When it is remembered that the war is costing other nations proportionate- ly as much as Great Britain, and more where citiés and districts are wiped out,-this devastation seéms utterly be. sond human comprehension. It would seeri as if exhaustion alone | end. amount from one share up. the larger VERY DULL DAY ON STOCK MARKET Baldwin Locomotive Makes New High Record at 6614 New York, June 195.—War shares were the only features of interest in today’s very dull stock market. Bald- win Locomotive made a new high rec- ord at 66 1-4 and a few other spe- cialties of that class, including Beth- lehern Steel, rose one to two points. Some measure of the market's gen- eral trend may be taken from the fact that dealings in Baldwin Locomotive and Distillers Securities were much larger than the overturn in United States Steel and other usual favorites. Distillers at 28 1-2 also made a high record price. There was scarcely any demand for the high class railway is- sues, some of which remained unquot- ed for the entire session. The closing was irregular. Bonds were steady. New York Stock Exchange quota. tions furnished by Richter & Co., members of the New York Stock Ex- change. Represented by E. W. Hddy, National Bank Building: June 19, Low Close 50% B50% 4% T5% 37 37 44% 45% 51Y% 61% 9% 79% 1081 108% 122% 122% 36 36% 100% 1003 T4%T 4% g < 1613% 163% Central Leather .. 413% 40% 41% Chesapeake & Onhi 38% 38% 35% Chino Copper 45% 45% 46% Chi Mil & St Paul. 90% 80% 903 Distillers Sec .... 28% 26% 27% Erie . . . 26% 26 26% Erie lst D;d PR 3 | 408 41 Interborough 24 23% 24 Interboro pfd 6% 76 6% Mex Petroleum .. 74% 74 4% National Lead 65 65 65 N Y C & Hudson .88% 87% 88% Nev Cons . Rt 1| 5 14% 14% NYNH& R 63y 63 63 N Y Ont & West . 28% 28% 28% Northern Pacific .1083% 10863 106% Penn R R 106% 106% Pressed Steel Car 49 49 Ray Cons 29% 20% Reading .... 164% 148% Southern Pacific 87% 87T% Tenn Copper 37% 37Th Union Pacifie .. 127% 127 Utah Copper 6T% 6TH U 8 Ruber Co .. 6414 65 U 8 Steel 601 603 Westinghouse 87% 97% High Am Beet Sugar 50% Am Copper .. Alaska Gold Am Can ..... Am Locomotive Am Smelting .. Am Sugar Am Tel & Tel Anaconda Copper ATS8FeRyCo .. B & O 87% 37% 127% 87% 851 803 98 must quickly end such a terrific cataclysm. Yet, it would be prema- ture to caleulate upon any such re- sult at an early date: for the struggie may last another year unless a mili- tary miracle of some sort hastens the It must be borne in mind that population and belligerents the resources and wealth of the principal have been enormously augmented since the last great war, and it is doubtful if the per capita cost of this war to the taxpayer is any greater than the Napoleonjc war which ended with the battle of Waterioo. In the case of Great Britain, it is calculated that her national income is about $10,000,000,000 annually: so that with her vast investments abroad, valued at $20,000,000,000 and her foreign trade of nearly $7,000,000,000 annu- ally, it is quite evident that thus far Britain’s financial resources are far o~ Execu CAPITAL $760,000. Established 1876, Wafiuwmfu‘m'umfimw We give the same careful atiention to the one share customer. Wofiuhymn—hdmn-mnlu-.. ‘We will buy ten shares or more on DIRECT PRIVATE WIRE TO NEW BRITAIN OFFICE, ‘300-310 N, YORK mm o FINANCIAL NEWS from being seriously cannot be said of conu-wm- ana exhaustion, promh by o are 'l""- play an important and cisive part. An Imporsat For some time to come change must contintie an factor in this market, Its ¢ have either a depressing O # ng effect, according to stances. The bélligerents, s Great Britain, are buying e quantities of war material country for which they o selling us our usual quota vean products, mainly cau have not such to sell, exc vened quantities, Payment what is due 18 therefore present, except by sending zecurities. The former we want, because our supply is some, and imports since . Janu bave been burdensome, and | have been about cluding the entire $80,000, Canada since the war enormous gold supply must v have a pronounced infial upon values in this cou is already remarkably ¢ borrowers, Our banking exceptionally sound, and new Federal Reserve 8) in an excellent position to there being no reason wh we should not extend b to Europe if necessary. On ¢ hand, further imports or prove an embarrassment «nd no little pressure i= to bear to induce foreign sell a portion of their Securil ruarket. It is understood amounts of such are on @ for foreign owners who duced to sell, Nevertheless, expectation of enormous 1o foreign loans, it would l.‘ further distribution of these was inevitable. If British should desire to take their tional loans when offered M find ready purchasers f American investments in this or they could eqasily be t1) collateral. There is an abi g funds here awaiting just such & portunity. Shrewd American tors will doubtless prefer the of buying the securities of tablished domestic co making new ventures at this Hence while there is a possi| further sal for foreign ac rituation is such that they probably be quickly pecially in view of the tendencies above referred to, present conditions the best carry themselves and pay a profit on borrowed capital. Home Conditions Commercial conditions at show limited: but steady tm; Our crops are somewhat but the outlook is sati steel industry shows a ang is now estimated to be ebout 80 per cent. of capacity, 79 per cent. a month ago, this on account of foreign orders nitions and railroad squ mestic orders are aisd rather more freely. ening, and the bHuilding hibits symptoms of recovery. are few and collections The scarcity of skilled labor veloping in certain lines, and lief is to be expected from tibn, which is practieally for obvious reasoms. Railroad ings show rather discouraging Bank clearings for the first June were likewise discou as much as they show a s Prices sre | # smaller volume of trade than me period last yvear. general situation ma; sidered reasonably hopeful; . in view of the world-wide gdes memts. Connecticut Trust and Safe Deposit Co. A STRONG, RELIABLE CORPOMATION organized and qualified through years of y service, to act as Conservator, tor or Administrator. SUM Cuumrmstmmma’ M. H, WHAPLES, Pres't. HENRY CLE

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