New Britain Herald Newspaper, November 16, 1915, Page 12

i | | | SSOLUTION DECREE {RDBLOW FORROAD e President Buckland Tel of " “New Haven's” Work New Haven, Nov. blicity Club of the Chamber mmerce, yesterday, 16.—Before the of Vice-President | ckland of the “New Haven” road | nsportation w some interesting and England. He follows: ‘“In the fifteen minutes alloted to | by your chairman I am going to and glve you an idea of the actual ,upon the New things about railroading | spoke, in part, | in York, New Ha- & Hartford Railroad Company & decree of the federal court re- irfng it to dispose of some of its ies. Spirit Of Judicial Sadness. “Whether the decree was wise or ‘whether the “New Haven” should have yielded or whether a receivership would have been forced upon it or the bankers have come to its rescue ih spite of the dissolution suit—all these are now academic questions which it is un- profitable to discuss and unnecessary to answer. It is-in no spirit of fault- finding that we who are trying under the leadership of our able presidenti and directors to work out the salva: tion of the property approach a dis- cussion of the effect of the dissolu- tion decree. If I can characterize the spirit it would be one of judicial sad- ness, similar to that exhibited by the colored man whom Booker Washing- ton describes as once having come to | his pastor, saying: “ ‘Parson, I certainly had an un- fortunate experience.’ And the parson asked: * ‘Why? ‘What has happened you? Tast night I left the door of my chicken coop unlatched, the wind blew it open and all my chickens got out and went home.’ “If we gaze upon the disappearing chickens scattered by the terms of the federal decree, there is some thing, as I say of judicial sadness, not because we quarrel with the decree which shattered them, but rather be- cause we wish with a wistful long- to TELEPHONE 4 Wi are just as near you as your nearest telephone {.@mre always pleased to have customers visit our While Greenhouses, we we .« want to assure you, your ’phone orders will receive' our careful at- “rtemtion. y-twe had so many fine Chrysanthemums, Plees: Melephone us your order, subject to your approvel As we are going to please you anyway. Never before have such reasonable it you and at “den't'find them the best you ever saw for the money, don’t take them, “VIETS’ GREENHOUSES Tel. 1365 'by manufacturers, to close out at a big reduction in price. Fancy Flannelettes, in neat patterns, 9c value. : Tomorrow, yard ... .................. 9-4 Bleached Sheeting, good weight, 30c value. Tomorrow,yard .............. 2 more cases of Children’s School Hose, all sizes, worth 12c. Tomorrow .......... * Curran Dry Goods‘ Co. OUR GREAT OMEND SALE orrow is our regular bar- n day and we will offer you SOME EXTRAORDINARY VALUES - BIG COAT OFFERING NOSE CLOGGED FROM A COLD OR CATARRH Apply. Cream in Nostrils To Open Up Air Passages. ] L renet- Your clogged nos- irils open right up, the air passages of your head are clear and you can breathe freely. No . more hawking, snuffling, mucous discharge, headache, dryness—no struggling for breath at night, your cold or catarrh is gone. Don’t stay stuffed up! Get a small tottle of Ely’s Cream Balm from your druggist now. Apply a little of this fragrant, antiseptic cream in your nos- trils, let it penetrate through every air passage of the head; soothe and heal the swollen, inflamed mucous | membrane, giving you instant relief. | Ely’s Cream Balm is just what every cold and catarrh sufferer has been seeking. It's just splendid. e ——,— Al Wi ing that the chicken coop had been stronger. Assets $133,815,082.83. “The direct and indirect assets of the New Haven company required to be sold aggregate a book value of $133,815,082.83 or about 28 per cent. of its entire assets. “Now the first effect of the dissolu- tion decree is to prevent the New Ha- ven company from declaring any div- idends until it is known what can be obtained for these assets which it is ordered to part with. It is one of the first principles of business that =o supposed profits can be divided until all losses are first made good. If any of you were required to sell 20 per cent. of your property within a limited time you would be very careful not to” figure up your profits, however prosperous your business might be, until you knew what you could get for the property which you were re- quired to sell. This is just the case with the New Haven. Increase in Revenue. “Through the considerable increase in business during the last five months, coupled with some small increases in passenger and freight rates, the New Haven is showing some increase in its revenue. During the year ended June 30, 1915, although it earned $2,073,328.30 less than it earned the previous year, yet through -careful management, closer co-operation, greater care and efficiency, it man- aged to increase its net income $3,- 851,958.99. Yet with all these com- mendable signs of returning prosper- ity and of efficient management I wish to impress upon you that finan- cial prudence forbids considering any dividend declaration until it is known what would be the real condition of the company’s assets as compared Wwith its liabilities when these properties have been sold. “Another effect of the dissolution decree has been to render it im- possible for the company to make improvements, extensions or addi- tions as its management would like to do if there were no questions of its future financing- New Bridge Necessary, “The building of a new bridge e have 300 Coats for women, misses and children sent to us Children’s Coats at $1.39 up. SEE SOUTH WINDOW.FOR VALUES. white and gray. $3.00 value. TOMOPEOW . . i Children’s Flannelette Night Gowns, 39c Tomorrow ................... value. 6¢ 25c¢ 9¢ BLANKET SPECIAL 2 more cases of those Fine Wool Nap Blankets, in $1.98 39¢c Women’s Flannelette Skirts, neat stripes. 29¢ value. Tomorrow :"Women’s Bleached Fine Ribbed Fleeced I;ined Un- arweear, best 50c values. LOMOITOW . .............0es 39c ATTRACTIVE HOMES - We . ffer several very attractive cottages ‘aement h- installments. and two ¢s for $200 cash and bala...c .on casy THE W. L. HATCH CO. INSURANCE AND REAL ESTATE Offico Open Monday 29 WEST MAIN STREETN and Saturday Evenings. across the Thames river at New Lon- don is imperative and it must be built strong enough to take the heaviest loads which may be antcipated will pass over it during its life. This bridge will cost about $2,500,000. Another $1,500,000 must be spent in electrical facilities in order to get the full benefit of the electrification be- tween New Haven and New York and diminish if not abolish the smoke ruisance iu New Haven so far as the railroad is responsible for it; $3,000,- 000 must be spent for trackage, yards and sidings. “The recent congestion on all of the railroad lines was due to a lack of track room rather than to a lack of cars. The demands of the New England committee are growing hy leaps and bounds and they must be satisfied in a reasonable way or bus- iness will suffer, Regularity and safe- ty is to be assured by improved and added signals at an estimated cost of $1,000,000. Passenger cars, steanm engines and freight cars must be supplied at an estimated cost of over $9,000,000. It is save to say that at least $25,000,000 should be spent within the next five years, the most of which must be realized either from earnings or from the sale of property or - securities. Decree Embarrasses Company. “The dissolution decree embarras- ses the company in obtaining this money which in ordinary times would naturally probably be through the issue of stock which would be will- ingly taken if the company were on a permanent dividend-paying basis. If the company could be assured of the amount which it would realize from the sale of the properties as ordered by the decree it could then pretty nearly predict when New Ho- ven would have a new station and the kind of a station it would shave, “Another effect of the decree has been to increase the cost of doing busineSs. When the properties sep- arated were, with the exception of the Boston & Maine, under a com- mon management the same general officers controlled them all. Since the decree it has been necessary for each company to supply itself with additional officers with a correspond- ing increase of salary list. It has al- so been necessary to compensate in some degree the trustees who in all cases have become directors of the properties and have devoted a great deal of valuable time to their opera- tion- This is no more than fair be- cause men of the character of these trustees could not fairly be asked to devote so much time and energy to the conduct of these properties with- out receiving some compensation, Never Finished. “Another effect of the. decree has been shown in the difficulty attend- ing any attempt on the part of the separated properties to borrow money or otherwise finance them- selves for necessary Railroads and street railways must continue to grow and improve if they would prosper; neither is ever fin- ished; constant improvements are required; better roadbed, better roll- ing stock is constantly demanded and improvements. | TO RENT. TO ' RENT—Five Room Tenement modern improvements. 34 Trinity street. 11-16-wi TO RENT—Tenement of two rooms and bath. 195 Maple St., 11-16-2dx | TO RENT—Nice large well furnished front room, steam heat, very suit- able for two gentlemen, also a couple of smaller rooms, apply at 422 Main street, second floor. 11-16-d3x NN Y A wWaRD CASH IN ADVANCE. MINIMUM CHARGE 10¢ ONE CENT A WORP EACH INSERTION. ALL advertisements for the classificd column must be in the Herald office by 1:39 p. m. on the day of issue. LOST LOST—In Raphael Department store TO RENT—Six room tenement. 18 Vine street, steam heat furnished 11-16-wix TO REN modern street, 11-16-w1l { TO RENT—Five room tenement at 40 Walnut street. Inquire at store 11-15-8dx Tenement improvements. s package containing coat and mara- bou fur. Finder return to Raphael Department store, 11-16-1d e FOR SALE, FOR SALE—Underwood typewriter, first class condition, cheap. 24 Broad street, Plainville. 11-16-3dx TO RENT _Four room tenement. Adults. Rear 66 Prospect street. 11-15-wix TO.RENT—Tenements 6-7 rooms and 4 rents of 5 rooms; all modern im- provements. 587 Main St. Apply 8 Lee St. 11-13-6dx TO RENT—Large upstairs tenement in the rear of 15 Seymour St. In- __Quire 15 _Seymour St 11-13-3d TO RENT—8 room cottage, all mod- ern improvements, at 55 Trinity St. Inquire 51 Trinity street. 11-12-tf TO RENT—Ten room house and large barn in western part of city. Will sell on easy payments. C. L. Barnes, 162 Chestnut St. 'Phone. 451-2, 11-12-4dx FOR SALE—Underwood model 5, re- cently overhauled, like new. Price low. address, Underwood, Box 6 J, Herald. 11-16-3dx FOR SALE—Up-to-date Bakery. Ad- dress Box B24, Herald. 11-13-5d-e0dx FOR SALE—New No. 34 Axminster rugs, 9x12, $17; also smaller rugs, carpets, runners. Slightly used carpets, cheap. Cowen, 505 Main street (2 flights up.) 11-15-3dx THANKSGIVING the great “at home” day. If you can’t be there, a fine photograph will help. Make An Appointment Now. MURRAY — Photographer 173 Main St. - New Britain, Conn. FOR SAILLKE - | - Very Desirable Houses on LINCOLN STREET for One and Two Family. or Particulars Enquire of H. D. HUMPHREY, 272 Main Street NEW BRITAIN NATIONAL BANK BUILDING NOTICE. AUTOMOBILE PARTIES taken out. Buick car. Reasonable rates. Richard Covert. Telephone 1073-4. 11-15-6dx HELP WANTED—FEMALE. WANTED—Young girl to help with housework and look after small child. call evenings, 66 High St., 11-16-2d HIGH SCHOOL graduate, about 18 i years of age, wanted in office of | local hardware factory. Address in own handwriting. P. O. Box 507, City. 11-13-3d WANTED—Girl for general house- work: 175 West Main street. 11-12tf WANTED—At once, carpenters. FOR SALE—18 acres of wood land, 32 years growth for $600. C. L. Barnes 192 Chestnut strect. 11-13-6dx TO RENT TENEMENTS—Five rooms and bath. Electric light and gas, hard wood floors. Ideal for small families. Fourteen, fifteen and six- teen dollars, 348 Park street. ele- phone 149. 11-11-26a TO RENT—Heated tenement, six rooms, all improvements, 718 Stan- ley street, apply 220 Maple street. 11-11-6d TO RENT—Five room tenement rear 96 Maple street. 11-10-wl TO RENT—Second floor, three large rooms. Inquire on premises, 253 Corbin avenue. 11-8-8dx TO RENT—One four room tenement on Arch street. $10.00. Also one third floor tenement, modern im- provements, Black Rock avenue. Inquire F. W. Loomis, 150 Arch street. 11-8-tf TO RENT—Five room flat, 180 Maple street, third floor, modern improve- ments, $21.00. Quigley, 277 Main St. 11-8-tf TO RENT—Four all conveniences, throp street, apply 475 Arch street, TO RENT—Tenement of six rooms, 248 Maple street. Inquire Cooked Food Shop, 78 Church St. 11-2-tf room apartment, adults, 15 Win- Boardman’s, 11-6-tf FOR SALE—Victrola in first class or- der, with good selection of records, $17.00, would consider $1 weekly. Box B10B, Herald. 11-13-tf FOR SALE—New five-room bungalow with garage, extra large lot, very reasonable price, in western section of city. If interested, call at 22 Jer- ome street. 11-12wx1 FOR SALE—1916 Hudson touring car; 1912 National speedster, 1911 Reo Touring car; two cylinder motorcycle. Williams Auto Co.. 287 Elm St. 11-11-wl FOR SALE—One 7-passenger Pack- ard 1 Palmer-Singer limousine, 7-passenger; 1 Reo, ylinder, 5-passenger; 1 Cadillac, ger; 1 Seldon Raceabout new Maxwell. Denison’s 430 Main S FURNISHED ROOMS, TO RENT—Furnished front private family, steam heat, trally located. 59 East Main. St. 11-15-d3x room, cen- FURNISHED ROOMS—Rooms and board in good location, 86 Lake St. 'Phone 353-2. 11-8-tf ————————————————————— WANTED. TO RENT—Tenement of five rooms, Modern improvements at 43 Cherry street. Inquire T. B. Farrell, 78 Maple street. 10-29-tf TO RENT—First floor tenement of five rooms, modern improvements. Inquire 76 Pleasant street, second bell, 9-2-tf TO RENT—Seven rooms, all im- provements. 'Phone 476-4. 9-28-tf TO RENT—Four rooms with bath at 5 Cherry street. Five room tene- ment with all modern improvements, 42 Maple street. P. J. Murray and Co,, real estate and Insurance. 10-26-tf WANTED—BYy lady, private dancing pupils to learn two step, three step and waltz in six lessons at 75 cents per hour, Guaranteed, address Pox 21 H, Herald, 11-16-1dx ply Landers, Frary & Clark, city. 11-13-3d TAILORS WANTED at Tom Murray’s 394 Main St. 11-15-24 From start to finish our students are under the supervision of ten en- thusiastic specialists in commercial education. HUNTSINGER’S 197 Ayslum, Street, Hartford, Conn. Send for Catalogue N. Removed to LELAND BUILDING, 325 Main_ St. P. J. MURRAY CO. REAL ESTATE AND INSURANCE Tel. 731-3 —— A, B. JOHNSON, D. D. 8. DENTIST Nativnal Bank Building. OPEN EVENINGS. EMIL H. R. VOGEL Voice Culture German English Telephone 339-12, 179 Glen St. WANTED—By two young gentle- men, board and room with private family, Address Board, Box 3, Her- ald. 11-13-a2x WANTED — Protestant American woman to assist in doing house- work, and caring for a year old baby in family consisting of hus- band, wife, 11 year old boy and baby. Good home and good pay for right woman. Box 10 B X, Herald office. 11-15-3d should be given. In fact for every | dollar of increased earnings it is conservative to say that five dollars of new money is required for exten- | sions and improvements to keep the | | service in condition to satisfy the | | reasonable demands of the public. | Since the decree none of the com- | panies separated has been able to: obtain any money for improvements | except by pledging securities in its | treasury or by usng its earnings, nor is it likely that any financial plan can be worked out by these separate | companies until it is definitely known what is to become of them. “The effect of the decree on the | operation of the properties is as yet | something of a question. Too little time has elapsed to prophecy to what. | extent the separation will impalr the | co-operation so much to be desired | between transportation companies. It may be that with these properties in separate and possibly antagonis- tic hands co-operation can be con- tinued. I hope so- I should like to realize the vision of cheap transpor- tation extended not only to suburban ! but to rural New England so that our abandoned farms might be brought into closer touch with our cities and better than all that the inhabitants of our cities might find health and wealth upon these farnis and New England from their produc- tion achieve more nearly an agricul- tural independence.” It is in this way that New Football, so phrased, has smashed the old regime. Class, via. tradition, has been cleaned out. The epoch of hailing a i Yale, Harvard or Princeton team as champion merely because it wins from the other two is now . mediaeval. This ;is shown by the fact that the only two elevens now mentioned as rival Eastern &hampions are Cornell and Pittsburg. No other team is even drawing faint consideration, LAUD KITCHENER'S MISSION TO GREECE London Newspapers Agree That Great Britain Has Taken Best Mcans of Securing Definite Decision. Excellent Bargains! Three Family House, Chestnut St., $8,500. Two Family House, Barn and One Acre of Land, No. 192 Kensington Ave., $4,000. The Home Banking and Realty Co. “The Dickinson,” 193 Main Street Fo:Yolru' lnsural;ce and Surety Bonds Avold trouble by having your Insu ance written by a man who knowd how. Go to DWIGHT A. PARSONS, Booth's Block. DETECTIVES- If you are anticipating investig: tion in any matter where sec Integrity and results are essen write A. G. BROWN, 26 BSTA STREET, HARTFORD, CONN;/ 'PHONE CHARTER 412. T use the Detecta Phone. and at Moderate Prices LINOTYPE COMPOSITION, Printing Done in Several ngu T The Eastern Printing Co. 53 Chur. .. Street. Tel: 634 C. EBBESEN. MGR. Denison Garage 430 MAIN STREET. Livery Cars for hire, day and ni Storage, Supplies and Repaicing. Ag’t Reo Cars oo If You Want Good Lotue Beer, Wine or Liquors, Order Same from PHILIP BARDECEK, 185 Arch St. ’Phone 482. PERFECTLY PASTEUE IZED MILK SEIBERT AND SON, Park Street, Near Stan 6 teams. Tel. connection. MULTIGRAPH LETTERS Fac-simile of Typewriting done 1-2 and 3 colors with signatures. Letter Heads Printed. HARTFORD TYPEWRITER EXCHANGE, | 26 State St. Hartford, Co A Good Investment Oorner Property, 848 Wast Stree Tenement, 11-Room House, Extra Lot. All improvements. H. N, LOCKWOOD. Real Estate and Insurand® 86 West Main or 793 East —LIVERY- Reasonable Rates Storage, Repalrs and Supplies U. 8. Tires und Howe Tube HART’S GARAGE. Tel. 221-4. 189 MAIN ST. BOWLING Clubs and Private Par Accommodated, Hilding Nelson, 172-174 ARCH STREET. Williams Auto G Agents Hudson Motor Cars.” 5 and 7 Passenger Autos for hire, Repairs, Bupplies, Storage. ‘PHONE 236. 2837 ELM STRE] London, Nov. 15, 1:13 p- m.—The reported mission of Field Marshal Earl Kitchener to King Constantine of Greece has evoked considerable com- ment in the London newspapers They almost unanimously agree that Great Britain has taken the best possible means of bringing Greece to a defin- ite decision as to the role she is to play in the Balkan conflict and ending once and for all the uncertainty and uneasi- ness which have followed in the wake of what are alluded to as Greece’s po- litical and constitutional vagaries. The Pall Mall Gazette, voicing what ap- pears to be the general view, says: “‘It seems probable that Earl Kitca- ener has gone out armed with full powers to bring this tortuous ruler (referring to King Constantine) face to face with distinctive alternatives. He has long enough been permitted to enjoy the immunities of a neutral while employing every slight-of-hand to make worse tie situ tente powers. The hip tendered by his latest cab- inet are not worth the paper or the breath that conveys them, in view of the gross treachery that hus been per- petrated towards Serbia. o ri Kitchener has encountered this truly Byzantine type of character in other regions and should under- stand how to bring it to a reckoning. arl Kitchener's mission nas com- rletely steadied feeling in the allied nations over the Balkan difiiculties.” " FARM FOR SALE. Near New Britain. 20 acres. Good land. BY | Schultz & Costello, Inc 242 Main Sireet. ] Wall Papers—Room Mouldings— Wall Papers WALL PAPERS OF NEW and NOVEL DESIGNS all grodes, prices right. 304 MAIN St. MORGAN & ESTABLISHED 1854, Sign Makers. *Phone 534 KINGSLEY . the oldest Wall Paper and Paint Shop in the Olty.