New Britain Herald Newspaper, November 27, 1915, Page 11

- HAVE FIN TINES Givilians Held in Hungary Have Many Liberties Budapest, Hungary, Nov. 2.—In- terned civilians in many parts of Hun- Bary are treated so leniently as to jus- tify the recent statement that their internment is little more than formal. Most of the foreigners who remained In Hungary after the first month or two of war were of long standing in their communities and are not even regarded as in any way a menace to the welfare to the community. Ai- lh'r;ugh actually forced to live in form- ally assigned internment camps, the trusted aliens are given leave wh.n- ever they have a good reason to as- sign. For example, recently the en- tire population (only 24) of an intern- ment camp near Budapest, were given a week’s leave to attend the races at Vienna. The Hirlap tells why they were compelled to return before their leave was up: ‘A party of visiting neutral journal- ists was being shown the capital a few days ago, and they asked if it would be possible for them to visit one of the | Hungarian internment camps. Appli- gation was made to the minister of the Interior, and he immediately desig- nated the camp at Alag, a village near the capital, where twenty-four enemy aliens are interned. ““Two days before the date fixed for have less éndurance than battle cruls- ers, | The navy model basin is now equipped with a wave-making device which the rolling qualities of a ship design can be tested and also her ability to sustain hign speed in rough water. It consists or a meter driven fan under water which stirs the con- tents of the tank into wave motions of any desired frequency or size. At the opposite end of the tank is a beach over which the waves run to be trapped in the space behind, pre- venting their return up the tank to interfere with experiments. More ac- curate data on ship construction has been given out from the navy plant than from all other similar models tanks in the werld combined. It has a capacity of testing 150 or more mod- els annually as compared to 50 in the British Admiralty tank. Nearly 2,000 models have been tested at the navy yard and the results carefully tabu- lated- In slack periods a regular series of test models is produced and the results noted in order that the whole scientific fleld may be covered. The officer in charge presents the new data gathered before a scientific society each year and private design- ers can now work out the hull of a { merchant ship on the formulas gath- ered by the government. About a fifth of the work now done in the basin is for private shipbuilders who send plans of proposed ships to the navy yard where models are con- structed and tested. The plant soon will have a capacity of producing and testing one model every twenty-four hours, CROWLEY SUSPEGTED the visit the official in charge of i i ternment camps rang up his Alag | Subordinate in order to advise him ; that Visitors were coming and that he | should put the colony in order. - The | following conversation followed: | ‘‘ ‘See that everything is in order at Your camp, as a dozen neutral news- gapeg men are coming to inspect your yrisvners.’ ‘“‘When are they coming?’ ' “ ‘Tuesday at noon.’ | “‘But that's impossible.’ ‘ “‘Why?" § “ ‘Because the prisoners are not at ome.” ! “ ‘Where are they then?’ ‘“‘They went to Vienna to the horse ace: ¢ ‘‘ “Well then, the newspapermen will bave to put up with those who rc- fnain,’ suggested the Budapest official. | “‘Yes, indeed,’ came the reply, ‘but one of them are at home. They even | jook their women folk with them. Fou see one cannot very well give germission to four or five and ijrore e rest. I had to let all of them | ¥ OF HANY OUTRAGES Man Held in San Francisco Was German Attache San Francisco, Nov. 27.—Agents of the department of justice engaged in the country-wide investigation of mu- nition plant explosions and other plots designed to hold up war contracts for the allies, hold Charles C. Crowley a former detective, on a charge of con- spiracy. Crowley was recently in the em- ploy of the German consulate here. Franz Bopp, consul general, said last night that he knew the man and that he had at various times given him work to do. The nature of the work, aceording to J. P. O’Brien, attorney for Crow- “The Budapest official scratched ‘is ead a minute and then ordered tele- Jrams sent to the prisoners in Vicnna ng them to return at once. 'with Lis ologies for disturbing their holi- y. EW GUNBOATS OF GREAT SIZE ’p,osed Battlecruisers 800 Feet Long—Navy Test Tank ‘'Washington, Nov. 27.—Some idea of e size and power of the super- ttlecruisers proposed as part of the iw naval program may be gained bm ‘the fact that each one would be 0 feet long—more than twice as g as any battleship which par- pated in the Spanish-American r, more than 200 feet longer than battleship now afloat and ten bt longer than was the Lusitania. Jrests of hull models for the giant isers are proceeding at the model sin ©h the Washington navy vard determine just how much horse- 'wer will be required to drive them y-five knots an hour, the speed d by the navy general board. It 1 take six separate sets of steam bines, it is understood, operating propellers to attain that pace and hull designs of the models show huge, square cross section amid- ps in order to accommodate the ss of machinery. Model Basin- JChere is no longer any doubt about amount of horse-power required drive a ship of known design at any ired speed. The mode]l basin has e away Wwith speculation on that jint. It is a huge tdnk several hun- ed feet long and thirty feet wide, ove which runs a traveling bridge angement carrying the compli- ed mechanism to measurg the re- jan offered by a moadel hull lved through the water. The aver- battleship model ia twenty feet he ana is in exact proportion to the p it is planned to construct. It has ablished as a law of physics that power required to pull a model lough the water at six knots for in- nce, will show exactly the force essary to drive the ship herself at re-}etermined rate. The effect of minor change in hull construc- p is instantly shown by the record- instruments. An eighteen knot led can be reached in the tank. English Vessei, Indefinite information has reached y officers that England is building ift vessel a8 an expertment which v ach thirty-five knot an haur which will earry heavy guns and mor whatever, She will be a | tigator. through the arrest they will secure evidence which will be of value to the authorities in the East who are in charge of the prosecutions of Robert Fay and his associates. ‘was not made public, but it became ley, was said to be that of an inves- O’'Brien denied that his client had any connection with dynamiting ouperations. The government agents believe that Evidence Not Public. The full evidence against Crowley known that the government agents have-been working for several months along the same lines as those which led to the arrest in New Jersey of Fay and the men indicted with him in connection with charges of having attempted to prevent shipments from being made to the countries at war with Germany. In the specific complaint which was filed with United States Commission- er, Francis Krull, Crowley is charged with having supplied money to fur- ther the destruction of ships and docks by fire and dynamite. It is stated that he sent three money or- ders, totaling $350, to a man named Lewis J. Smith at Tacoma, Washing- ton. Crowley and Smith, according to the affidavit of the federal agents, took employment with the Hercules Fowder company here last May for the purpose of obtaining information about the shipments of explosives. On May 30 fifteen tons of dynamite on board a barge moored to a buoy in Seattle Harbor, Washington, was 2x- ploded, causing damage to shipping and buildings along the waterfront estimated at $300,000. The ammuni- tion which had been sent from here was consigned for the Russian arruy and held for shipment to Vladivostok The charge of conspiracy is supposed to be in connection with this. Crowley Questioned. United States Attorney John W. Preston, who is in charge of the prep- aration of the evidence for the grand jury in connection with the munition plant conspiracies, questioned Crow- ley, but the government officials de- clined to make any statement as to information they obtained from him, The refusal of the authorities to di- vulge any more than was necessary to hold him was due to a communica- tion from A. Bruce Bielaski, chief of the bureau of investigation, who, with Chief Flynn of the secret service, is conducting the investigation into the details of the Fay plot in New York and other charges along a similar line. Further Arrests. Further arrests in connection with the investigation now under way are expected in a short time, and it is likely that the authorities will come into considerable information through confessions from one or more of those under surveillance. Crowley was a special agent for the Southern Pacific Railroad company for twenty years. He was chief of the special agents for six months and then joined the staff of the local county prosecutor. He is fifty-seven W hitlock Shows Strain A f;ér Experiences in Belgium At the state department the state- ment was made that Brand Whitlock, who returned to America for rect and recuperation after illness, would continue in his post as minister to Belgium and that he would return to Brussels, the former capital of Bel- | gium, which is now in possession of the German authorities during the military occupancy of most of Bel- gium by the German armies. Mr. ‘Whitlock looks careworn and thin- ner than when he left New York to take his post before the war, but said he had been benefited much by the sea trip home. FOREIGN TRADE BUILDS UP FAST War Has Stimulating Effect on American Enterprise New York, 27.—Our foreign trade continues on its phenomenal course and is building up the greatest favorable trade balance on record. October exports reached a new high | level, amounting ‘to $334,600,000, which 'was almost $40,000,000 in ex- cess of September., The imports for October were only $148,500,000, leav- ing an excess of exports amounting tc $186,000,000. During the past twelve months our total foreign trade exceeded $5,000,000,000, of which $3,318,000,000 were exports and $1,691,000,000 imports, leaving an ex- cess f exports for the year of $1,626,- 000,000, During the same twelve months our net imports of gold were $326,000,000. This tremendous ex- pansion of foreign obligations in the United States has undoubtedly been largely adjusted by gold imports, by the liberal return of securities, by the | placing of large foreign loans and by | ihe granting of very unusual foreign | credits. That our foreign trade is now , or a much more satisfactory status than at the beginning of the year is ! shown by the recent recovery of 20 | roints in sterling exchange and the diminished pressure of commercial | bills. The future of our exports is comewhat uncertain. We shall prop- ' ably soon reach the high peak for this season, if we have not done so al- ready. Food and cotton exports will shortly have reached their highest level, and the shipments of war mu- nitions within a few weeks or months will become less urgent. The Allies new Teport that they are well sup- piied with explosives, and in view of the tremendous increase in the ca- pracity for British output of munitions, it is likely that in future the volume of orders placed with American manu facturers will be materially reducodfl No early end of the war is in sight but the emergency orders for the ! Allies are being satisfied, and their continuance on the recent scale is im- | probable. ! One of the most significant and sat- ' isfactory results of the war i stimulating effect upon American en- | terprise. More than anything else it ' has forced upon us recognition we are a world power, commercially | and industrially as well as politically. | We have too long considered ourselves | self-sufficient, and laboral under the | Nov. | | | ? years old and lives with his wife and two children. His bail was fixed at $5,000. The authorities have not yet arrest- ed Smith, but it is understood depart- type of scout cruiser rather than attiecraft, it is un’dg;;.tood. and ment of justice agents know his whereabouts, delusion that we could indefinitely | shut ourselves in and others out. We | must awaken to the fact that we are a nation of grown-ups; we must take our place in the world’s affairs ac- cordingly and adapt ourselves to the new opportunities and.new .obligations that are fast pressing upon'us. With the growth of population the United States is rapidly changing from an agricultural nation to a nation of manufacturers. The past generation ha en big changes in this direc- tion, and the next will see further changes of vastly more consdjjuence. We urgently require foreign markets for our surplus manufactured pro- ducts, and if we intend to sell to others, we must be prepared to buy from them in exchange; for the sim- ple reason that all foreign trade in the mass is nothing less nor more than barter, even though in detail the operations may be highly com- plex and delicate. From this it fol- lows that if we wish to export we must be more ready to import; and an enlightened public opinion will in due course of time cease placing ob- stacles in ‘the way of imports, the on- ly method by which our customers can pay for what they buy. Among our leading manufacturers and mer- chants there has been a steadily wid- ening recognition of these facts for some years past; ;and y§' in spite of their efforts it required the great European war to really awaken pub- | lic opinion here to the opportunities that lie outside of our own borders. That calamity imposed demands up- on American resources beyond all pre- vious imagination. It created a gap, which, temporarily at least, only America can fill. These demands fell first upon American fingnciers, and were met with a skill and re- sourcefulness which astonished the world and ourselves also. The giant of the Western hemisphere has at last awakenéd to the new door of op- portunity opened by the declaration of war in August, 1914; and already occupies a considerable place in the sun, which is fortunately big enough for all. As just said, American manu- facturers, merchants and bankers are fully conscious of the new opening and are alrcady demonstrating their faith in the future. Our chambers of commerce, our leading business organ- izations, our big exporters and big bankers are taking te initiative; and as an illustration this week a $50,000,- 000 corporation, backed, officered and directed by a number of the ablest and strongest business men in the country, completed plans for the development of a great foreign trade. This is substan- tial and practical evidence of whither we are going. There are but two things more necessary for securing a bigger market for American manufacturers, and that is the co-operation of the American investor and American la- bor; both of which can be had if in- telligently reasoned with and led. That trade follows the loan axiomatic; which means that in order to sell our merchandi we must bhe prepared, not only to give credit, but to actually invest abroad. This is a new but ab- solut: ary departure for the n investor, and he may require both education and experience before venturing. Although the large and quicker profits obtained at home will always command a large degree of preference, the rewards of many home enterprises are settling down to i maore moderate and stable limits, an.l foreign fields begin to offer larger op- portunities and larger profits than i the past, especially in view of the im- paired ability of Europe to supply FASHIONABLE EARLY WINTER ATTIRE FOR MISSES AND ) LADIES Most Advantageously Priced, on Second Floor MISSES’ COATS AT $14.95 to $39.50 In very attractive styles of belted and flare models of wool velour, Bo- livia or vicuma cloth, broadcloths, silk and wool plushes, many fur trimmed, lined and interlined. MISSES’ SUITS AT $14.95 to $42.50 Several distinative styles of broad- cloth, velveteen, duvetyn, whipcord and other fashionable materials, many trimmed with rich furs. LADIES’ COATS $14.95 to $105.00 For dress or general utility wear. Special display of evening wraps. LADIES’ SUITS $14.95 to $50.00 Of any popular material, in sizes 36 to 59. PARTY AND EVENING FROCKS $16.50 to $55.00 For dancing, dinner and theater wear, in exclusive models. E——————————————————————— many of these requirements. Further the help of American labor must also be invited for our labor is more inter- ested than any other party in finding a profitable market for its products. In order to conquer foreign markets la- bor must recognize the necessity of meeting foreign competition, and will have to learn that it cannot impose prohibitive burdens in the form of excessive wages and oppressive regu- latior ept to its own disadvantage. American labor already possesses a good start owing to plants, methods and organizations which are often su- | perior to any of thosc abroad. If cach "di\'isiun of industry will but do its E re, there will be no doubt about in our gaining a position in the world’s markets commensurate with our skill and ability. The halt in speculation which be- gan three weeks ago was prolonged through this week by the holidays, by developments in the Balkans, by a feeling that the war stocks had more than discounted their future, and by the consequent bearishness of some of the leading traders. The undertone of the markets has, how- ever, unquestionably improved through liquidation and the test thus applied to values. Towards the end of the week there was more aggres- sive buying, and good stocks found ready support. As to fundamental conditions the outlook continues fa- vorable; trade revival seems to be making further progress, especially in the steel and textile industries; en- terprise is recovering; railroad earn- ings show better results, both gross and net; money is easy and plentiful; gold continues to come in freely from abroad; sterling exchange is still ad- vancing, dnd a good investment de- mand prevails for all desirable is- sues. December dividend payments will be $147,000,000, or $10,000,000 more than last year. Next week Con- gress opens, and its drift will be watched with intense interest. The war is sure to make its impress upon | Congress during the session and, as previously said, problems pertaining to revenue, preparedness, shipping tariff, etc., promise to occupy first attention. In view of the approach of a presidential year, it may be a session filled with much and perhaps excited discussion, but little real ac- tion beyond what is necessary. HENRY CLEWS. GOLT’S GONTINUES UPWARD: BRASS, T00 Hartiord War Stock Hits 906— Others Show Slight Gain Today’'s activity on the Hartford Stock Exchange has been confined rrincipally to further advances, small yet substantial enough to cause holders of the stock much gratifica- tion, of Colt’s Patent Fire Arms stock and a slight gain in the American and Bristol Brass securities which fortells the probability of a general bull movement in these stocks in the near future. Colts, which gained about fifty points from Wednesday night to day night, is today quoted as high | ally higher, while Guggenhein Marine RICHTER & CO. MEMBERS NEW YORK STOCK EX CHANGE, Represented by E. W. Eddy. New Bri tain Nat. Bank Bldg, Tel 840 25 AMERICAN HARDWARE COL/T'S ARMS AMERICAN BRASS 25 STANDARD SCREW 25 NILES-BEMENT-POND 25 NORTH & JUDD 25 UNION MFG. CO. 25 STANLEY WORKS 25 TRAUT & HINE 25 N. B. MACHINE 10 25 You can have the comfortable feeling that there is some for you to fall back upon when you have saved money and! posited it securely in the bank. ‘When you once enjoy the sense of security that comes with| v A Surplus Fund Set Aside ‘Q % for future needs, you will be more than compensated for any ships or self-sacrifices you have endured in accumulating it. A savings account is the logical method for you to building up your surplus. WE PAY 4% ON SAVINGS DEPOSITS. # THE COMMERCIAL TRUST G NEW BRITAIN, CONN. ! a6 1 7} FINANCIAL NEWS . NEW HAVEN WEAK, 23 SPECIALTIES VARY Peculiar Prices Obtain—Closing Irregular stocks were more or 1 and war specifalties mo latively narrow limits, ‘sof others down. The closi ular. Bonds were steady. 3 2 .4 Al AN New York BStock Exchange qu ‘fons furnished by Richter & members of the New York' S vhange. Represented by H. W. Nov. 2701 High Low 691 34% 82% [ Am Beet Sugar .. Allis Chalmers Am Car & Fdy Co. Am Ice . .. 28 Am Can . .. 64% Am Can pfd L1119 Am Loco ... o MY Am Smelting +.100% Am Sugar ..118 Am Tobacco ..226 Am Tel & Tel .. 128% Anaconda Cop 90 A T S Fe Ry Co.107% Baldwin Loco L116% B & O 945 BRT . 903, Butte Superior T4% Canadian Pac L1863 1 Central Leath Ches & Ohio Chino Copper Chi Mil & St Paul. Col F &£T.....4.. Cons Gas .. Crucible Steel Del & Hudson. Distillers Sec Erie Erie 1st pfd General Elec Goodrich Rub Great Nor pfd Gt Nor Ore Cetfs. Inspiration Kansas City so 32y Lehigh Valley .... 82% Louis & Nashville 128 Maxwell Motor 5% Mex Petroleum . 94 N Y C & Hudson ,.102% Nev Cons 16% NYNH&HRR 74 N Y Ont & West 31 Northern Pac 117% Norfolk & West ...118% Pac Mail 8§ 8 Co. 33% Penn R R ....... 69% People’'s Gas .. 118% Pressed Steel Car. . Ray Cons ... . Reading ...... Rep I & 8 com .. Southern Pac . . Southern Ry ..... Southern Ry pfd .. Studebaker .... New York, Nov. 27.—Wal] St. 10:30 a. m.—Specialties were again the only features of interest on the resumption of trading on the stock exchange to- day, rails and other standard shares recording no changes of note. Cuban- American sugar added seven points to ite recent high record at 158, Sears- Roabuck rose 2 1-4 to 170 1-4 and American Can. Lackawanna Steel, Texas Company and Baldwin Locomo- tive were about a point better. U. S. Steel and some copper were fraction- 73% 86% 18 59% % 63% 53% ' 58 preferred and American Tobacco were one to two points under. Con soon lost its rise and the list in general became more uneven. New Haven fell a fraction under its recent low price, at 73 5-9. New York, Nov. 27, Wall 8t,— Trading on the stock exchange today developed wenkness‘ in such widely separated issues as New Haven and American Tobacco, and further man- ipulation in shares like General Mo- tors, Cuban-American Sugar and Allis-Chalmers preferred, which scor- ed new high prices. New Haven fell 1 3-8 to 72 3-8 and tobacco dropped 12 to 216 on the largest turn over of many weeks. Representative 50% 46% 102% 102 16% 16 72% 13 1. ek 116% 117 118% 118 53 . B 59% 59 118% 118 65% 65 25% 259 $2% 83 61 51 108 103 23% 239 62% 62 162% 168 stocks listed on the exchange also showed some gratifying activity today, American Brass has gained a bit, the closing quotations being 257-260. Bristol Brass has also again come to life with a slight gain over yester- day’s prices. At the close of the mar- ket this stock was listed at 69-72 with some sales noted at 70 and better. Scovill Manufacturing stock is going strong, with but little offered, This stock is quoted at 435. North & Judd manufacturing company s listed at 105-108; American Hardware is 123-125; Stanley Works is 61-71; Niles-Bement-Pond is 186-190; Lan- ders, Frary & Clark is 60-62 1-2 and Standard Screw is 290-300. New De- parture stock is quoted at 173-176 and &ll other local securities are main- taining previous rates, Tenn Copper Texas Oil Union Pac ... Utah Copper U S Rubber Co ... U S Steel B7Y% 87% U 8 Steel pfd ...116% 116% 115% Va Car Chemical .., 47 47 47 Westinghouse ..... 70% 69% 694 Western Union 88% S8% 88 59% 59 212% 212 1405 14008 80% S0% 4% 54 113 Maxim Munitions Corporation which we urged the purchase of last week at $10 per share is today $14 bid. We believe this stock presents extraordinary possibilities in the way of dividend returns and price enhancement. Let us tell you why. JOHN H. PUTNAM 403 Hitchcock Bldg., Springfield, Mass. Conrecitcut Trust and Safe Deposit Co. A STRONG, RELIABLE CORPORATION organized and qualified through years of efficient, trustworthy service, to act as Conservator, Guardiaa Executor or Administrator. s 9 per share. There is but little of this stock on the open market how- cver, and consequently the trading in it is not very brisk. At noon this stock was quoted 890 bid and® 905 asked. The two important brass CAPITAL $750,000. SURPLUS $750,000 1 Connecticut Trust and Safe Deposit Co. » M. H, WHAPLES, Pres'tt HARTFORD, CONN.,