New Britain Herald Newspaper, February 12, 1916, Page 11

EW, BRITAIN DAILY HERALD SATURDAY EBRUARY 12, 1916 HENRY CLEWS SEES MORE IMPROVEMENT Better Foreign Relations and Rail- road Gonditions Helping Market (Special to the Herald.) New York, Feb. 12.—Our foreign relations continue to be an important Hctor in the stock market. Appar ently the Lusitania incident is settled. Highly important concessions have veen made to American demands, and it is a source of action ‘and re- lief to have so serious an uncertainty permanently removed. The stock market naturally fluct- 4uated from d to day in sympathy with the changing advices concerning diplomatic negotiations. Their suc- ful consummation, however, im- arted a much better tone generally. American securiti held abroad have been sold upon every good opportun- ity by private holders owing to the pressure exerted by the war. British finances are under a great strain, hut show no signs of weakenin Under the circumstances, of a strong situa- tion here and a weaker one in Europe, a spasmodic influx of American secur- ities must be anticipated from time to time. The probability of the British government negotiating a collateral loan rather than selling mobilized se- curities will of course prevent the heavy liquidation which the other method might have involved. Hap- pily, this country is in an excellent condition for taking back its secur- ifles if necessary; a state of affair which is equally fortunate for possible sellers on the other side. New York Gains 707. In the war situation there is no change. The weary struggle drags ts cruel way without developing any decisive feature When, however, wé survey the situation at home, the outlook one of genuine hopefulness and in strange contrast with the sad conditions abroad. The decided im- provement in home trade is illustrated by January bank clearings for the principal cities, which aggregated over $20,000,000,000, compared with $13,- 400,000,000 a year ago; an increase of about 48%. These increases, which must be largely credited to a good est, were also partly due to high- * prices and-to speculative activity not to speak of the stimulus afford by war contracts, The figures for New York, $12,300,000,000, which showed an increase of nearly 70%, were of course inflated by Stock Exchange ac- tivity. The increase, however, as notable, considering that the Stock Fxchange was in full operation for the first time during the month of January a year ago. The increase in bank clearings in the middle states was 64%, in New England 34%, in the middle western state 22%, in the Pa- cifie “states 119 and in the soutHern states 21%. A very striking fact is that the January clearings at New York were more than one-third of thdse in the entire country, compared with less than one-half of the total a year ago. This shows that New York gained vastly more in the volume of business than any other city in the United States. Outside of New York bank clearings in the entire country were 25% ahead of the previous year. New York alone gained nearly 70% over last year. Railroad Situation Improved. A further proof of business im- provement, if needed, will be found in the railroad situation. Karnings continue to show very satisfactory gains, particularly on the larger trunk lines; and the total earnings thus far reported for January indicate an in- crease of about 200 over those of a vear ago. When all returns are in {Hp ratio will probably be still greater. Yn December the increase in earnings was over 30%, and in November about 21%, compared with almost no gains of consequence but frequent losses until September, 1'15, when the roads received a sudden and pronounced im- from the moving of our big which we repeat has been the our present pros perity, although the war as an in- flationary element is playing a very .onspicuous part. The railroad situa- tion has also been improved by the more reasonable attitude of the public toward large corporations, and the prospect of their being better able to secure a square deal in the future. The only cloud upon the railroad horizon is coming labor troubles. The excessive demands of employes seem likely to be insisted upon, and while the roads are in a better position to make some concessions than for some time past, it would appear doubtful that the dispute will be settled with- out more or less disturbance and pos- sible loss. The labor outlook in the coal regions is also unsettled. D mands will be made which cannot ¥ met without advancing the price of cdal, something which will not be very pleasing to consumers in view of the constant rise in the cost of many of the necessaries of life. Foreign Trade Satisfactory. Our foreign trade continues in sat- isfactory condition. Exports are hgavy, though a slight abatement seéems to be anticipated by reason of the fact that the crop movement is on the wane and munition shipments for the time being appear to have reached their zenith. Imports are algo increasing, which tends to en- cotirage a return to more normal con- ditions in our foreign commerce, The f@reign exchange situation continues improve, the return of American securities from abroad and the es'2’ Jishment of credits here a influx of gold having ef moved all weaknesses in this The investment inquiry for securiti has somewhat diminished, as tnis market is now iting the placing of important foreign and other lor which are shortly to Lie issued. Tt understood that loans aggregating néarly one billion dollar are 1 process of negotiation on this sid may be placed next spring. These je and Valentines! Don’t You Want to Send a Valentine to Someone the Charity Organization is Befriending. { VALENTIN. Jellies or Dainties for shut-ins, VALENTINES of Cards for the children, VALENTINES Groceries for widows with families. TINES of Good, Warm Cloth- ing. If You Care to Do This, Please Confer With Agent, Charity Organization 103 West Main St. of Flowers, and Candy of Fuel or VALE} This advertisement paid for by special contributions. gerated, but important effect Such abnormal they inevitably bave an 1pon this marke:. demands for capital unavoidably mean high returns and higher rates of interest. Moreover, the marketing of su:h st amourts of securities means the displacemert to a considerable extent of other in- vestments. On the ofker hand, those in charge of these negotiations will undoubtedly use d retion and every effort to avoid any disturbance in financial conditions. In fact to =uc- cessfully market such a of bonds, it may be desirable to give the gen- eral market a greater of less apprar- ance of strength. Furthermore, this contingency had been long expected; preparations have probably been made in advance, and the effect on security markets will doubtless have been largely discounted when the event ar- rives. The better class of railroad shares and bonds has lately received considerable attention from both in- vestment buyers and speculative oper- ator: In the industrial shares more or less discrimination is necessary. The so-called war stocks have been handled with more discretion, and the industrials not directly dependent upon war orders, especially steels, coppers and chemicals, are more favorably regarded than others. Many of the better class of industrials ar benefitting largely from the impros ment of home conditions and entirely independent of war orders. Steel trade activity continues unchecked, and. many .concerns. have sold their entire output for 1916 at top prices. Labor is well employed at good wages, and as the farming classes are also enjoying prosperity, the buying power of the masses is exceptionally great; hence the outlook for continued trade activity during the coming spring and summer months is excellent. HENRY CLEWS. City Items % George H. Dyson returned this morning from the National Jewelers’ association convention which recently met in Chicago. The Working Girls clb will have a St. Patrick’s social in the club rooms on oMnday, March 14. Through M. D. Saxe, Bekie Ken- nedy of Hartford has sued the New Haven road for $600 for damages he alleges was suffered by his horse and to his shed on Franklin street when a freight car rammed the build- ing on August 11. The writ is re- turnable before the court of common pleas on the first Tuesday of March. Every Sat. after theater frankfurters, kraut and potato White's cafe and grill—advt. Winthrop, D. of L., degree team will meet this evening in O. U. A. M. hall for a drill and rehearsal prepara- tory to going to Hartford next Tues- day evening to give an exhibition before the national councilor, William Jeffery of Vermont. Tomorrow eve- ning all members of the lodge will meet at the rooms at 5 o'clock to march in a body to the patriotic ser- vice at the Methodist church. Local Red Men who are to visit Compounce Tribe of Red Men in Bris- tol tonight will take the 7:20 o’clock train. On February 21 there will be an assembly of the Great Chiefs at the local wigwam. Daughters of Castile whist and dance Feb. 15th, Booth's hall.—advt. Charles M. Schurr and Harry Morton were appointed appraisers of the estate of Charles Kuper today. enjoy salad. REAL F IVIEW, Nine Transfers Recorded With City Clerk This Week. The following real estate transfers were recorded with the city clerk b week: » eanore J. Alderman, et al, to Annie Jurgen, land on Sunrise avenue. Clayton A. Parker to Harold . Shepard, land and buildings on Buell outh Main streets. William T. Sloper to T. Frank Lee, Jand and buildings on Lincoln street. T. Frank Lee to William T. Sloper, land and buildings on Lincoln street. Nora W. Roche to Nicoletta Sarra, al., land on Cleveland street. Nicoletta Sarra to Bartolonea Tolli, Jand and buildings at 71 Cleveland street. Ernest William Herwig to Amelia Herwig, land on Henry stree Henrietta Herwig to Amelia Herwig, land on Henry street Fmelia Dydzuhor to Pasq land and buildings on et K. K, ale Car- Spring estimates may or may not be exag Hughes Insists He is Not a Candidate for President| JUSTICE CHARLES EVANS HUGHES | T Despite the repeated assertions of Associate Justice Hughes of the United States supreme court that he is not a candidate for the republican nomination for the presidency and his action in causing his name to he removed from primary ballots, there is persistent talk of the possibility of his being named by the republican es ha court convention. It is asserted that he can- not decline if the nomination is ten- dered to him by a unanimous or vir- | tually 10us vote. Justice Hug t in the nation's highest | i nee 1910. He was appointed by President Taft while serving his cond term a vernor of New York. Justice Hughes will be fifty- | four years old on April 11. at LYMANSENTBRITISH DATA TO GERMANS Swindler Wanted by U. S, Author- ities Said to Be in France Feb. 12—Dr. J. Grant Lyman, who is being sought by the federal authorities here on a charge w York, of swindling investors in mining stocks out of $300,000 or §400,000, by illegal use of the mails und name of John H. Putnam, h engaged in German propaganda, cording to a statement made last night by post office inspectors. It is charged that he has been supplying men prominent in governmental cir- cles in Berlin with information ol- tained from the wife of an English army officer, said to he a member of the British general staff serving in France. Lyman, the authorities say ,met the British officer’s wife in London, where he went after being convicted in Los Angeles in 1914 for mail swindles and jumping his bail. that she came with him to this coun- try, but returned some time ago. Member of Stock Exchange. Lyman, it also developed last night, was once a member of the New York Stock Exchange. He was forced 1o sell his seat, it was said, because he engaged in the promotion of ques- tionable enterprises. Gorham Tufts of Los Angeles, who was one of Lyman’s bondsmen when the swindled was convicted in the Western city two years ago, has heen on the fugitive's trail for six months. Tufts told the authorities that he succeeded in trailing Lyman and the wife of the English army officer ! to Nyack, N. to Freeport. Lyman is believed to have sailed for Furope on the steamer Baltic Thursday, and the police of Liverpock, the vessel's first stop, have been asked by cable to look for him. Y., and from there Divorced by Hartford Woman. Hartford, Feb. 12— Residen Hartford will recall Lyman as hav- ing married a daughter of the late Frank S. Brown, who divorced him. Mr. Lyman was a sister of George M. Brown, once owner of the Linden. For a time he visited in this city, noted as a fine looking mah. a lavish spender, and, at one time the own- er of a $10.000 imported automobile, held up at New York through some disagreement as to the amount of the duty or because of the femporary in- ability of Lyman to pav it He left this part of the country sixten vears ago or thereabouts, and in 1906, he was wanted by the sheriff of Esmeraldo county. Nevada on charges of fraud in the matter of the securities of a copper company. Tt was said at the time that he lefr baggage valued at $2,000 in a hotel at Pasadena, Cal., in his anxiety to leave the place a little ahead of the sheriff. It was also said that he had made about $300,000 before the officers got busy. A few years earli he had figured in zinc stocks which of ‘.\hcrifl's woke up were profitable. fqr him until the \m\ he went to 1 Europe for a seat on | of land in Panama While held on another charge here, I for his br It is asserted | | result after selling York Stock time the New change. in ANCe. Feb. 1 Dr.” John reported to be in | France, p ibly in the allies’ tren- ! ches, according to Paul Scheneck of | Los Angeles, counsel for Lymah, who | appeared Monday in the United Stat ! el uit court of appe: ask that | fees of about $1,050 for ppeal or | i Reported San Francisco, Grant Lyman wa mc for def: sentence of eighteen ths using the mails to waived. He offered a affidavit of poverty made by The court refused to accept Lyman’s old affidavit of pauperism. Scheneck, it was said, msn’s note for § services. Lyman was reputed to ha dealt with the late King Leopold Belgium. During his trial witnes holds Ladies’ and | ! Furs—Sets Pieces reduced 50 per cent. and more. This is your chan FORD ONEPRICE [0 Tll‘l‘llfifi\sw.uzv\ ST. L HARTFORD. Suits For Stout Women a Specialty. isses” Coats at less than cost—See them! and Individual WESTERN CLERGYMAN WilL GIVE ADDRESS Ion. Carl D. Thempson of Chicago to Speak in Calumet Tonight. Hon. Car Thompson of Chicago deliv an address on “Chr nd the Workingman’ in Calumet hall his evening at 8 o'clock. The meet- ng is open to the public and local D. HON. CARL D. THOMPSON. came from many parts of the worll to testify concerning the alleged at $5 ar Lyman escaped T erved two years at McNeil's Island 1k for liberty. He i rge on bail bond of $20,000, pendin appeal. KILLED BY G/ eque v Man Meets Death in Water- bury—\Wales Resident T, 12.—John by RN, s de Waterbury, Feb. Francis of Wester and Donald Rees, whose home is said to be in Wales, is in a serious cordi- tion at the Waterbury hospital as the of a supposedly accidental opening of a gas jet in their room at the Stafford House. Both men were machins Francis, who was ill yesterday, re- mained in bed most of the day and Rees returned from his work about 9 o'clock last night. Nothing is known bout the subsequent movements of either until their room was op@ned this morning, after a maid had rep .rt- ed that there wa strong odor of gas coming from the room. Fraacis said to leave a wife and daughter in Westerly pocket the membering in lodge of Moose, ATTEMPT TO BLOW UP PLANT. . 7., Feb. 12.—No arrests have followed the attempt to blow up the plant of the Castner Blectrolytic Alkali company here last | ¢ night. The explosion, which was in a new building under construction, slightly damaged the walls. No one | was injured. The police found sever- al sticks of dynamite concealed under one wall. The company, it aid, { ¢ had large contracts with the allies for | ¢ certain chemic in the war |4 zone. Th no labor trouble at |y the plant. ¢ i I T i is TO TALK ON CHILDREN'S HOM A talk on the Children’s Home by ils founder, Rev. J. E. Klingberg, will be given at Trinity M. F church at 6:30 o’clock tomorrow evenir Mr. Klingberg has a wonde ory to tell and cne which few New Britain people have had an opportunity to hear from h ps although he h 5 traveled extensively in the interest of the home and has told many in far places concerning it. Mr. Klingberg will be accompanied by about 50 boys ind girls from the home. ing will be under the auspices of the Epworth 1 c X clergymen acre. [attend. i the west where served ture. by profes from ti the pa livering lectures. friend of Mr, ed 3 Hon. Carl D. Thompson is one of the most teresting country.” nd he had a card in his | the organ Main street. stock of $12.000 and of thi follows: T J. Le son, the secretary, Globe Clothing Hou in The meet- | that with would are especially invited to Mr. well known he was formerly of Milwaukee and has in the Wisconsin state legisla- Mr. Thompson is a clergy sion and has been gre e different universities, For ten years he has been de- Thompson is clerk Judge Ben Lindsey of Denver is a Thom stat- publicly that judgment enlightening, and enter powerful in- this aining, men in NEW CLOTHING CO. ANNOUNCED TODAY The Farrell Company Will Open Early in April at Old Stand of Farrell & O'Connor Company. Announcement was made today of tion of the I"arrell Cloth- succeed the at 271 has a $9,000 is incorporation ng company, which will & O'Connor The carrell company compan Articles paid in. of were filed with the secretary of state oday. The officers of the company sident. W. J. Thomas F. Dawson. Mr, Farrell w T 1d treasurer of the I & »’Connor company since its organiza- ion fourteen years ago. Previous to hat he was connected with F. H. Allis le is one of the best known clothing lealers in the state and has a thor- »ugh knowledge of the business, ained in the school of experience. Mr. the president was with the O'Connor company for ; a dozen y and is favorably known in the retail trade. Mr. Daw has been with The se for over a de- slished a large re as Kelly; treas rer, farrell; ecretary ar ade and has clientele. The formal opening of the new con- n is expected to take place early April. Mr. Farrell stated today the store would be equipped new, up-to-date fixtures and carry a. modern line of men’s tache of the American embassy Berlin, who is alleged to have carried important Washington sadar ! heard | said, “If T had it would not be prop- | er for me to talk at this time, but T | would have nothing to say. I { come | nignt | workings of the Jefferson and Clear- | field i vesterday. ! | been recovered, but according to offi- i employed Baff, placed over Baff threats against the so-called poult RICHTER & CO. MEMBERS NEW YORK STOCK EX CHANGX Represented by E. W. Eddy. New Britaiz Nat. Bank Bldg. Tel 840 and 841 AMERICAN HARDWARE EAGLE LOCK NORTH & JUDD STANLEY WOR! UNION MFG. CO. BRISTOL BRASS shs shs shs shs 50 shs 50 shs ACCUSED BY ALLIES Major George T. Langhorne of the Eighth cavalry, former military at- in documents from Berlin to for the German ambas- recalled from his duties at Tex., on the Mexican border, to Fort Bliss, for an inquiry into the charge against him. Major wa b | he ignorance of the entire matter. nothing of the charge,” wel- an investigation.” BODIES OF EIGHTEEN MINERS RECOVERED | Several Others Believed to Be Still Entombed as Rlesult of Ex- plosion at Indiana, Pa. Pa relay effort Feb. throughout to penetrate Indiana, worked in in an €oal and Iron company at Ernst, where an explosion occurred 5 Eighteen bodies have cials of the company at least six men 2re still entombed. hortly after the explosion occurred rescue teams from neighboring mines were despatched the work of began an dent today. The efforts of the crew of bureau of mines rescue car resulted in bringing to light another man who had been killed. The workings ahead of the rescue crews, however, found to be filled with after-damp, and all hope of further rescue was abandoned, although the crews con- tinued their work. Inquiry into the cause of the ex- rlosion was begun today by Coroner Buterbaugh and officials of the com- pany. Later in the day the bodies were brought here for interment. to the scene, and searching the debri investigation of the ac N IN MURDER PLOT. According to Confession Regarding Killing of Barnet Baff. New York, Feb. 12.—Ten men were TE concerned in the murder plot which resulted in the killing of Barnet Baff, the independent poultry dealer, ac- cording to a confession made today, the police say, by Frank Ferrara, chauffeur of the murder car from which Baff was shot down. Saven men, among them the instigator of the crime, will be indicted, the police say, on the evidence given by Ferrara and by Giuseppe Arichiello, another self confessed participant in the mur- der. According to Ferrara $5,000 was paid by the instigator to the gunmen and to those who he'ped scape after the murder. made to Ferrara’s them Two attempts were according to on, before the successful attempt 19, 1914. They failed, Fer- aid, because of the police guzrd fter he had received of his i kill con- on account { learning laF 12.—Rescuers the the | mine the were s | today. A | Broad street was also reported. 50 N. B. MACHINE TRAUT & HINE COLT’'S ARMS SCOVILLE MFG. 0O. AMERICAN BRASS CO. 25 shs NEW DEPARTURE shs shs shs shs shs e ————— PROBE ARMY OFFICER | CHRISTIANITY DOOMED . IN LATIN-AMERICA Commission on Survey and Oc¢cupa~ tion Predicts Complete Collapse of Faith in Southern Republics Panama, February 12.—A compiete the Ch faith in Latin-America was declared to be im= pending in a report submitted yester- day to the Congress on Christian Work in Latin-America by the Com= mission on Survey and Occupation. The report declared that in all the southern republics practically univers sal unbelief exists as far as modern has proceeded. The Com- mission asserts that the people in each| the several countries may be roughly divided into four classes = of every form; the more or less welll reasoned skeptics and atheists who look indulgently upon religion as| harmless for women and for the lower| classes, but who are themselves indif-| ferent to its the “dissatisfied, if not disillusioned and groping com= panies of souls who soon pass on to| cynicism and hardness of heart those whose ‘“period of doubt and| breaking is ahead of them they are overtaken by free education. The report says that a surprising number of the women are beginnin to share the skepticism of their hus< bands and that theosophy, spiritisn¥ and similar cults are rapidly taking the place of Christianity in numerow sections. In Bolivia alone, it ig| claimed, three-fourths of the mem: bers of Congress and of the well-to-do business men and nearly all of the government students are sworn ene collapse of ian | mies of the church while similar con: | ditions | Langhorne professed to be completely | prevail all’ thel ster republics. Reviewing the confront missionaries to Latin-Amer ica the report lays the blame foi many of the evil conditions which if} enumerates, and drunkenness in par ticular, to the influence of man American and other foreign businesd] agents who have invaded the southerfl countries in search of tra The Commission finds, however] that the racial animosity between the northern and southern halves of h# Western hemisphere is sudsiding ang | says that the co-operation of seve powers in the Mexican helped to bring about a feeling In conclusion the Commission clares that the present plans and fom ces of the Protestant church in i Latin-American field are “pathetf cally inadequate” and that there i# urgent need of large and immediatl reinforcement. It urges the perfect ing in some form of a thoroughly rep resentative central agency to carry o the work of evangelization. in practically difficulties whici de. cri much des TO ADDRESS CONVENTION. Rev. Warren F. Cook. pastor of tH Trinity Methodist church, will leaw next Wednesday for a short vacatio in Massachusetts and New Hampshired Next Friday evening, he will delives| an address at the convention of thel ¥.M associations of Mass chusetts and Rhode Island at News ton, Mass. During his absence, Ase sistant Pastor, Charles L. Wood will be in charge of the affairs of church. S SR ST SEVENTY OARSMEN RESPOND New Haven, Feb. 12.—The first calll for crew candidates at Yale last night] brought out seventy men. Practiey will start Monday. Guy Nickalls, thel head coach, sailed Thursday for New] York, and upon his arrival next weelf] he will take full charge assisted b C. D. Wymean and Mr. Abbott, thel latter being coach at Groton schooll] who is spending his Sabbatical yeafy at Yale. At Groton rows a modified English stroke, Mr. Abbott's assist= ance is said to be in keeping with the general plan of coaching. STRIKE LAST RECOURSE. Toledo, Ohio, Feb, 12.—There will} be no strike of telegraph operato: and agents of the Clover Leaf rail road, it was announced this morr..ng} until after H. B. Perham of St. Louls§ of the International Order of Railway Telegraphers, has cone ferred with Receiver W. L. Ross off the road on Monday. The strike ors der, it is said, would be a last re= course of the telegraphers to securé higher wages president Eight new cases of measles wWen rcported to the health departmeng case of diphtheria o o e A A A e e e A e M. H., WHAPLE Pres’t. Connecticut Trust and Safe Deposit Co. A STRONG, RELIABLE CORPORATION organized and qualified through years of efficient, trustworthy service, to act as Conservator, Guardian Executor or Administrator. CAPITAL $750,000. Connecticut Trust and Safe Deposit Co. SURPLUS $750,000 HARTFORD, CONN.