New Britain Herald Newspaper, January 22, 1916, Page 11

MANUFACTURES IN CITY OF HARTFORD Capital Invested, as Reported in 1914, Was $63,791,000 (Special to the Herald.) Washington, D. C., Jan. 22 &imir sult ary of statement the census of manufacturcs of Hartford, has issued by Director L. of the Bureau of the Census, Department It of comparing S 1914, by totals direction of Mr. chief statistician for the city Conn., bec Sam. Rogers, of con- the Commerce. sist a Tigh for prepared summary 1909 and under the William M. Steuart, for manufacture: The figures are preliminary and subject to such change and correc- tion as may be found necessary from a further examination of the original reports Under Factory System. census of 1914, like that with reference to manufacturers excluded the hand trades, the build- ing trades, and the neighborhood in- dustries, and took account only of tablishments conducted under the ry system. In the last census, al- s0, as in that for 1909, statistics were not -included for establishments hav- ing products for the census year val- ued at less than $500, except that re- ports were taken for establishments fdle during a portion of the census srear, or which began operation dur- < ing that year, and whose products for such reason were valued at less than $500 The-word “establishment” as used in the census reports may mea» more than “one mill or plant, provided they are owned or controlled and opera By a single individual, partners corporation, or other owner or oper- afor, and are located in the same town or city. The reports were taken for the cal- endar year ending December 31, 1914, wherever the system of bookkeeping ' permitted figures for that period to ccured, but when the fiscal year an establishment differed from the | calendar vear a report was obtained | for the operations of that establish- | ment for its fiscal year falling most | largely within the calendar year, 1911. | Percentage of Increase. | The population of Hartford at ths | census of 1910 was 98,915, and it is estimated that it was 107,000 on July 1, 1914 The statistics represent the estah- lishments located within the corpor- ate limits of the city. The summary shows a consistent increase at tho census of 1914, as compared with that for 1909, except that the number of establishments, proprietors and firm | members, and cost of materials show a small decrease. In the order - of their importance, from a percentage standpoint, the increases for the sev- cral items rank as follows: Salaries, | 3.6 per cent; wages, 20.7 per cent wage earners, 17.1 per cent; primary | N ¢ The 1909 of | New | had TGN_’ns T Department of justice officials bent all their energies to running to earth Ignatius T. T. Lincoln, confessed Ger- | man spy, who thoroughly enjoyed, ac- cording to authentic reports, the sen- sation his escape from Deputy United States Marshall Johnson in New York caused, plus the additional notoriety he has since achieved. Government officials were startled to read in the York Ame: an that the fugitive visited its editorial offices at night and left an article for publi tion describing his experiences since While Officials Hunt Him Lincoln Laughs at Them NEW, BRITAIN DAILY HERALD, SATURDAY, JANUARY 22, 1916. his escape and taunting the authorities boasting he was too clever for them to catch. Here is a description of Lincoln, whose real name is Ignatius Trebich, furnished by the department of justice. Lincoln is a fugitive from justice; Height, five feet ten inche: weight, 175 to 185 pounds; age, about fifty: hair, very dark; mustache, dark, moderately close cut, but probably re- moved forehead, high; appearance, German; complexion, very dark. Wears glasses, heavy set, often wears spats, and when last seen wore a tan derby hat and dark suit. | to $12,084,000, the increase being $2,- {578,000, or 21.2 per cent. In 1914 the number of salaried emi- | ployees was 2,634, as compared with 12,500 in 1909. average number of wage earn- 1914 was 17, 128, and in 1909, The ers in 14,627, MEXICAN TRAIN BLOWN UP. horsepower, 15.4 per cent: capital, 11.9 per cent:; value added by manu- | facture, 10.3 per cent.; salaried em- | ployees, 5.4 per cent.; and value oi’| products, 5.1 per cent. | Capital Tnvested. | The capital invested, as reported in 1914, was 791,000, a gain of $5,- } 706.000, or 11.9 per cent over $48.- 085,000 in 1909. The average capital per establishment was approximately | $142.000 in 1914 and $121,000 in 1909, | Tn this connection it should be stated | that the inquiry contained in the cen schedule calls for the total of capital, hoth owned and borrowed, invested 1in the busine. hait excludes the value of rented pro- ferty, plant or equipment which w employed in the conduct of manu. facturing enterprises. In the final bul- letins and reports the rental pald for roperty will be shown separate- amount Cost of Materials. cost of materials used wes $17.568,000, as against 000 in 1909, a decrease of $29 1.7 per cent. The average cost erials per establishment in 1914 was approximately $46.000, and i 1909. $45,000. Tn addition to the com- ponent materfals which enter inio the products of the establishment for the census year there are included the cost of fuel, mill supplies, and #nt of power and heat. The cost of materials. however. does not ir clude unused materials and supp! ® bought cither for speculation or use during a subsequent period. The census inquiry does not include amounts paid for miscellaneous penses. such as rent of office: alties, insurance. ord vertising. traveling lowance for depreci The in 1914 $17.86 ,000, or of . roy- | ry , ad- | <penses ion. Value of Products. ®he vatue of products in $42,737,000, and in 190 the increase being $2 per cent. The average per establioh- ment in 1914 was aporoximately $112.000 and in 1909 $103,000. ; The value of product represents their selling value or price at the Mants as actually turned out factories dur the census year does not arily have any tion to nount of sales for that vea lues under this head, also amounts received for work done on mate furnished W others. \Value Added by Manufacture. the value added 1914 was $40,680,000 57.000. or 5 by ng necessa the The include and rela- by cost of materials used and the valuc of the products manufactured from them. In 1914 the value added by manufacture 5,169,000, ard in 1909, $22.81 the increasc being $2.352.000. 10.3 per cent. The value added manufacturer in 1914 formed value of products, and in 1909, per cent. 000, or by Salavies and Wages. The salaries and wages in gmounted to $14,662,000, and in 1909 the | manufacture | represents the difference between the | 1914 | Persons Killed Zapata Adherents. Twenty-threc By El Paso, Tex., Jan. 22.—Twenty- three persons were killed near Puebla recently, when a passenger train wa blown up, supposedly by Zapata ad- herents, according to A. J. Trumbo, wealthy mine owner of the state of Oa: Mexico, who arrived here yes- terday. Only one passenger survived, it was reported. Mr. Trumbo which was blown up was immediately ahead of the one on which ke w travelling from Mexico City. ‘Several volleys were fired into our train,” added Mr. Trumbo, who left with his wife for Los Angeles last night. With them was H. C. Tanner ¢f Mexico City, who is convale from a bullet wound inflicted, he said, by a military officer when Tanner re- sented insulting references to the United States. Mr. Trumbo reported typhus fever rampant throughout outhern and central Mexico. tions were indescribable, he said. $1,000,000 RAISED. By Relief and Sustentation Board of Presbyterian Church. ,, Jan —The entation hoard of the Prest Philadelph and sus terian church announced here today that more than $4,000,000 of the 510,000,000 fund which the general as- sembly several years ago indorsed for g - been raised. A pumber of generous bequests have sreatly added to the fund during tho st few weeks, The relief fund is to be used toward the maintenance of aged preachers and missionaries and to furnish relief to their families in case of their death. The fund is to be invested so that it will produce $500,000 a vear to pay | the maximum annuity of $500 to those wing aid from the relief depart- ment and to pa four-fifths of the imum annuity sion from ‘the sustentation depart- nt, one-fifth of the annuity having Leen provided by the ministers them- | selv POSTPONED. MEETING | Creditors of Alleged Defaulting Tax | Collector of Reading. Bridgepert, Jan. —The first meet- ing of ereditors of Jess Duncan, the alieged defaulting tax collector of Redding, was postponed indefinitely | todayy, by Referee in Bankruptey John | W. Banl Counsel for one of the creditors claimed that the probate | court of Redding has already taken | charge of the estate and should have 8.9 per cent of the totai, jurisdiction instead of the bankruptcy 56.7 | court. | Referee Banks will upon this | point and announce his decision later. Duncan’s alleged shortage is said to | have been close to $3,000. aid the train | | the re Condi- | | but the party arrived too late. relief | to those receiving a | ARMY OFFICERS WARNED Issues Raised in Strikes Riots. Jan. Not to Discus or Washington, army officers commanding troops wherever strikes or riots may occur are warned by instructions announced today at the war department agains participating in questions of a polit cal character or the equity of disput- ed issues existing between the parties to a controversy. In announcing this policy, partment 22 Federal . the de- indirectly replies to criti- | cism by labor organizations and offi- cials against the conduct and manage- ment of soldiers doing duty in riot or strike zones. The orders, however, do not apply to regular army officers holding commissions in the organized militia, they being guided by state laws and regulations on the subject. REDDING BUNGALLOW BURNED. | Residents of Town Attending Fire Co’s Dance When Blaze Broke Out. Redding, Jan. most of sidents of West Redding were attending a dance at the Mark Twain Library last night, given by the local fire company, fire broke out in a i bungalow near the West Redding | road station, owned by Albert Aigner, and occupied by Fred Wood and fam- il Mr. and Mrs. Aigner were among the attendants at the dance. Chief George Dudley started the members of his company for the scene of the fire, using all the auto- mobiles gathered about the library, The building was burned to the ground. 1t was insured for $1,200. The fire lis supposed to have been caused by a defective chimne; PROMINENT EDUCATORS. Address Annual Convention of Indus- trial Education Society. Minneapolis, Minn., Jan. 22—Sever. al prominent educators addressed the annual convention of the National Society for the Promotion of ind trial education today. After a bus ness session late today, the conven- tion will adjourn. Frank V. Thompson, assistant perintendent of Boston schools, the forenoon session, pointed to necessity of attracting the masse the vocational schools if the desired results are to be realized. How the high school can best serve industrial education, was discussed by several peakers. Arthur D. Dean, associated with the Albany, N. Y. vocational schools, talked on the subject of “Junior high schools and vocationai education.” su- at the to $7,000 CHICAGO FIRE. | Theater Audience Knew Nothing of Blaze Raging Above Their Heads. Chicago, Jan. —A fire which, it is estimated today, did $7,000 dam- age in a tailor shop on the fourteenth floor of the Majestic theater building | burned for mearly an hour last nigh {and the audience in the Majesti | theater which occupies the first floo: | was ignorant of the flames above, No one in the theater knew of the fire until the performance was over. { ford the railroads fair pla jincreasing, and this fact :infl\lx of securities from cannot GENERAL BUSINESS IS FAIRLY ACTIVE Present Prosperity Due More fo Rich Harvest Than War Orders (Speclal to the Herald.) York, Jan. 22—The ment in Stock Exchange activity noticeable in December has contin- ued thus far throughout January. The principal reasons were two-fold: first, the wise restraint upon speculi- tion imposed by bankers in order to avoid dangerous inflation, and, sec ond, the continued infiux of secur ties from abroad which fully taxed our absorbing powers. The necessity for checking hazardous advances i the war industrials was beyond dis- pute, especially in those solely de- voted to munitions, whose values had in some instances risen utteriv beyond reason. Weeks ago the rush of war orders moderated, because the demand was largely satisfied by early orders, and the belligerents them- selves are now equipped for produc- tion at much lower prices than Amer- ican makers would care to aécept. As to the return of American securities, that has proceeded upon an 1n- creasing scala ever since announce- ment of the British mobilization plan; each mail steamer bringing large quantities of former foreign holdings, generally sold on private account. How long this influx will continue is im- PO e to determine; but the control of selling on British account is so highly concentrated that the market for Arlericans will be thoroughly stabilized, and no sacrifices need he expected by those in control of Brit- i holdings. The most significant result of this movement will be the permanent decline of London as a market for American shares, for the bulk of those returned will never go back. The United States will, in all probability, permanently retain the railroad bonds and stocks purchased from Great Britain, Germany and Holland, also a large portion of the ind ¢ -trials which are being returned. This does not mean that foreign cap- ital will permanently desert the United States, but it will be a long period before Europe has money to spare for investment here, and it is ques- tionable if it will ever come with the same freedom as in the past. As a result, much of the interest and divi- dends formerly sent abroad will stay here, and be utilized for home develop ment. It should be borne in mind that this homeward movement of American investments occurs at a time when we are turning our atten- tion to opportunities abroad. We are displaying great anxiety for a larger foreign trade, and to secure it we must be prepared to buy as well as sell, to lend and invest our funds abroad much maore freely than we ever contemplated before. The United States has met a turning pomt in career, the importance of which is not vet sufficiently appreciated by Ameri- can investors. This turn in our for cign development bound under any circumstances to occur in due course of time, but the war mater- jally hastened the date and greatly en- larged the opportunity. So, if New York desires to raise its prestige as a foreign financial center, it must prepare to take a more active in- terest in foreign investments, in foreign affairs and in cultivating for- eign trade; not by force or antagon- ism, but by creating friendly and mutually profitable interchanges. Hesitation Encouraged. Hesitation in the stock market was further encouraged by threatened dif- ficulties with Mexico and the fear of prolongation of the war, and some disturbing discussion may also be precipitated should England declare a blockade. Another factor which prevents a full revival of confidence is the un- certainty of the action of congress in regard to Mexico, preparedness, pub- lic revenue, shipping and other legis- lation. So far, however, it mu be acknowledged that congress has kept remarkably cool, considering the in- tensity of present day problems; and up to the present time the adminis- tration has experlenced little embar- rassment from congressional opposi- tion. New abate- 50 was General Business Active. General business continues fa active and satisfactor) The re which begen in Oct. and November still continues. Tt is allustrated by extraordinary activity in the steel in- dustry, which seems unchecked by the prolonged rise in prices. Con- cerning the universal prosperity of | this industry, it is unnecessary to re- peat familiar fact: Such of the regular industrials as are in the way of securing war contracts, continue making large profits and speculation in these sho considerable activity. The railroad situation is steadily im- proving in various respects, and the freight embargo is in a fair way of being broken. TForty-six roads re- ported earnin of $84,000,000 in December, an increase of $20,000,000 over last year. The disposition to af- on the public appears to be in connec- tion with improved net earnings has materially stimulated the demand for better class railroad shares and great- ly facilitated new financing. For near- Iy all high grade securities, especially bonds. there has heen a good invest- ment demand, and new home issues of a desirable character have been read- ily taken, notwithstanding the lar; abroad. It be too often borne in mind that our present prosperity is vast. ly more due to a rich harvest and good prices than to war orders. Our total merchandise exports for 19 were about $3,500,000,000. If one- third of this amount represented mu- nition contracts, which is a liberal estimate, it can be seen that the bulk is small compared with the total do- part of the Ladies and Misses’ $10.00 COAT DAY MONDAY, JAN. 24, 1916 $14.95 to $18.00 Ladies’ and Misses’ Coats will go on Sale for Monday at the very special price of $10.00. If you need a Coat this is your chance. Also one rack of Odd Garments at $5.00. Ask about them. . — ture in importance; our industrial plants and commercial and finaneiul institutions also run into enormous figures in their transactions ,so that it is evident we can easily over-esti- mate the importance of war contracts, which acted more as stimulants than as permanent building operations. Market Outlook Doubtful. The outlook of the market is some- what doubtful. Its investment capa- city has been severely tested by the influx of securities from abroad, which effectually restrained the advancing tendency in thi market. There is also more or I uneasiness concern- ing the pending British blockade, which, though advantageous to Amer! can interests, may become the occa- sion for some degree of friction and political interference with the admin- istration at Washington. These fac- tors, plus the Mexican situation, are sufficient obstacles to further advance in the market at this time. One good result of the return of American securities is the improvement in the sterling exchange situation and the curtailment of unnecessary gold im- ports. Bethlehem Steel dividend was a disappointment and its announce- ment acted unfavorably upon other war stocks. HENRY CLEWS. PERSIA NOT SUNK BY AUSTRIAN U-BOAT Vicnna Government Informs American Ambassador Penfield Regarding Destruction of Liner. Vienna, via London, Jan. 22, 3:30 a. m.—The government has informed Frederic C. Penfield, the United States ambassador, that no Austro- Hungarian submarine was concerned in the sinking of the Peninsular and Oriental line steamer Persia. The Persia was sunk off the island of Crete, December 30, and the last reports of the Peninsular & Ori- | ental Steamship company said that 336 persons on board the steamer | were missing—119 passengers and 217 | members of the crew. HONOR DUE MONTENEGRO. Rome, Jan. 20, 6:30 p. m. (delayed} —The Italian newspapers show a dis- position to put full credence in the declarations regarding the new atti tude of Montenegro. The Corriere D'Italia says that the allies must be prepared to accept the responsibility for the grave consequences that would ensue if the little kingdom should now fare badly, and in any case they must accept the responsibility for the new problem which arises in Albania. To Montenegro, adds the newspaper, honor is due, while the allies owe re- paration for numerous erro ARMY AND PARLIAMENT. Paris, Jan. 21, 4 p. United Socialist party will petition parliament and the government to authorize a committee of members of the chamber of deputies to visit the front and to talk freely with the sol- diers, so that closer relations may be instituted between the army and par- liament. At meeting of represen- tatives of the party today a resolu- | tion was adopted embodying the pro- posal which will be presented in the chambe m.—The MILLS INCR 2 WAGES Plainfield, Jan. 22.—A number of | textile plants in this section, addition- ally to those already announced, have granted voluntary increases in wages. Some of these are mills in Wauregan, the Blackstone Mfg. company at Bal- louville, mills at Pineville and Atta- waugan, Occum, Hanover and Toto- ket, the Baltic Cotton Co. and the Sterling Dye Works. TUFTS FOOTBALL GAMES. Medford, Mass., Jan. 22.—The Tufts college football schedule of nine games, as announced today, includes | conte: with Princeton and Indiana | mestic trade of the country. Our crops were valued at over $10,000,000,000; our railroads rank next to agricul. universities. The final game will be | played with Syracuse University at | Fenway Park, Boston. i Represented by E. W. Eddy. RICHTER & CO. MEMBERS NEW YORK STOCK EX CHANGE. New Britain Nat. Bank Bldg. Tel 840 and 8 20 shs AMERICAN HARDWARE 20 shs EAGLE LOCK 20 shs NORTH & JUDD 50 shs STANLEY WORKS 50 shs UNION MFG. CO. 50 shs BRISTOL BRASS shs N. B. MACHINE shs TRAUT & HINE shs COLT’S ARMS shs SCOVILLE MFG. CO. shs AMERICAN BRASS CO. shs NEW DEPARTURE MATERIAL ADVANCES ON STOCK MARKET Speculative Issues Feature— Bethlehem Steel Drops ew York, Jan. brief session was extremely dull and com- pletely lacking in outside interest. Tven the trading element showed no disposition to undertake fresh com- mitments, except in some of the spe- cialties which recently formed the cen- ter of speculative activity. United States Steel was heavy. Alcohol rose, fell back, and later recovered all its loss. New York Central was heavy, declining 11-4 to 108 3-4 on rumors throwing doubt on fhe prosnect increased divicend. Araerican Woolen International Nickel and half a score of war and semi-var i ; er while coppers reflected the unjar- alled demand for that metal. Thc closing was irregular. Bonds were steady. Wall St., 10:30 a. m.—Gains were general at the opening of today’s mar- ket, but material advances were again confined to the more csues. United States Industrial Al- cohol added two points to yvesterday's nsational rise, touching 168 on the news that the company had received 2n enormous order for its fell back over eight points. rose variably the extraordinarily favorable gitions in that industry, and shares as a whole showed fractional improvement. Oils and Mercantile Marine preferred, as well as American Woolen ana Corn Products, also were higher. United States Steel denoted pressure and Bethlehem Steel fell four to 480. Canadian Pacific and New York Central were the only features of the railway group at moderate de- clines. con- war, New York Stock Exchange quota- ‘ons furnished by Richter & Co.. members of the New York Stock Ex- change. Represented by E. W. Wddy Jan. 22, 1916 High Low Close 66% 6615 66% 27 27 24 6816 25% 63 L.64% L104% L 113% Am Beet Sugar Allis Chalmers Alaska Gold ..... Am Car & Fdy Co. Am Ice .... Am Can .... Am Loco ... Am Smelting Am Sugar Am Tel & Tel ...127% Anaconda Cop 8815 A T S Fe Ry Co.106% Baldwin Loco ....1093% B &0 ... .. 95 Beth Steel ..480 Butte Superior ... 761 Canadian Pacific .175 Cen Leather . Ches & Ohio Chino Copper Chi Mil & St Paul. Col F & 1 Cons Gas Crucible Steel . Distillers Sec Erie .o “ee Erie 1st pfd General Electric .174 Goodrich Rub ... 713 Great Nor pfd ....1243% Gt Nor Ore Cetfs. 47% Inspiration . 4615 Kansas City so ... % Lehigh Valley .... 78% Maxwell Motor ... 67 Mex Petrcleum ...112 National Lead . 7 N Y ¢ & Hudson Ya Nev Cons - 15% NYNH&HRR 73% & 1065 109 % 472 76 % 174% 643 54 997% 47 4634 1421 66 1% 43 47% 40 56% 56% 29 785 66 2% L1101 for the asking. 49 Pearl Street, Hartford, Conn. | { | | | i | | | | | N Y Ont & West. . Northern Pacific Norfolk & West Penn R R.. People’s Gas Pressed Steel Car Ray Cons com . Pac rn Ry Studebaker Tenn Copper Texas Oil Union Pac Utah Copr U S Rubber Co U s Steel ..... U S Steel pfd Va Car Chemics Westinghouse DIPLOMATIC DINNER AT WHITE HOUS pfd B = P R R R L ) | Representatives of Allies and Twen speculative | product | from the French government, but soon | Coppers ! in further response to | 94% | 99% | 30% | | b3 | and Turk | ant secretary 1 | borne, Senators Stone of Missouri Eight Neutral Nations Entertains By President and Wife. Jan. 22.—Diplom| representing the entente allies twenty-eight neutral nations gathe at the White House last night for first of -two formal dinners arrang by the president and Mrs. Wilson honor of members of the diploma The second dinner, to be gk night, will be attend dor of Germany, § charges d’affaires of Austria-Hungs v, the minister of Bulgal and the same neutral diplomats i ent last night With the diplomats in their ¢o uniforms, the state dining room of White House presented a brill scene. In addition to the diplo: and their wives, the guests includ the secretary of state and B Lansing, the counsellor for the department and Mrs. Polk, the assi) of state and Mrs. O Washington corp: next Tuesday the amb: Sutherland of Utah, and Represen tives Flood of Virginia and Cooper Wisconsin, ranking majority minority members of the senate house foreign relations commith with their wives, and several perso friends of Mr. and Mrs. Wilson. J. J. Jusserand, the French amb sador, dean of the Washington dip matic corps, and Mme. Jusserand, cupied the seats of honor next to president and Mrs. Wilson. The ot guests were arranged around # tables in accordance with their Argentina, Greece and Columbia represented by charge d’affaires, H “heads of the missions being away frg the city. Particular interest attagl to the dinner because it w: affair of its kind given in W ince the outbreak of the war. ERMANY'S 22. Washington, D. Comparisons of January the United Sta§ Navy with that of Germany shdg that the Teutonic Empire has commission at least 22 dreadnaugh and battle-cruisers to our §; five knot battle-cruisers, of which we hi none; a dozen 28-knot SCO to our 3 sole and absolete ones. the matter of submarines, Ge: has a fleet of large, sea-going und sea boats compared to our hetel geneous lot of small, non-sea-gol submarines, which in the recent fi maneuvers were able to make on five knots in the moderate seas pi vailing. HAD DANGEROUS PASSAGE, ew York, Jan. —The Amerl Line steamship New York arrived # day from Liverpool and reported hai ing experienced one of the harde| passages in her history. During oj of the series of hurricanes whig struck the ship three life-boats an two collapsible boats were carxi away BUY STANDARD OILS Since the dissolution in 1911 Stock values of Subsidiary Companies have trebled. 1 greatest in history. Important developments pending should result in a sensational advance in one of the STANDARD OIL SUBSIDIARIES. Earnings now Reasons why, JOHN H. PUTNAM & CO., 68 Broad Street, New York 318 Main Street, Springfield, Mass, CAPITAL $750,000. Connecticut 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. SURPLUS $750,000 Connecticut Trust and Safe Deposit Co. M. H., WHAPLES, Pres't. HARTFORD, CONN,