New Britain Herald Newspaper, February 26, 1916, Page 15

NEW, BRITAIN DAILY HERALD, ‘sATURDAY FEBRUARY 26, 1916. SLIGHT ABATEMENT | Terrific Onslaughts by Germans Dent U,% M Son RICHTER & CO. OF BIG BUSINESS French Lines Defending Verdun Fortress (mimgm ivra as 1147116 ASYLUM ST. “ Clews Sees Bmght Outlook How- HARTFORD, 5 suits For stoue women a specmitr- || 25 SHS American Hardware ever—Crops May Be Small | = 100 shs Stanley Works New York, Feb. 26—In spite of ex- Speakingof Shoes || 100 shs Landers, Frary & ¢ia MEMBERS NEW YORK STOCK EX OCHANGE, Represented by E. W. Eddy. New Britain Nat. Bank Bldg. Tel 840 Just Slip on a Pair of nulating home conditions, the stock market exhibited a depressed undertone which at times developed into general weakness. The chief rea- son for renewed selling was the unsat- isfactory drift of our relations with Germany; the fear of a split between congress and President Wilson, and # the steady pressure of foreign liquida- tion of American securit in this market. In home trade there is slight abate- ment of the remarksble actlvity whica has been going on for several months. Western b certinues active, and railroad ear: although somew. affected by the congestion are making exceedingly & repor Bank clearin o reflect zener the tot r the third week in owing an incre: of over fifty per cent. compared with a year ago and the gzin being well dis- tributed over all sections of the coun- try. Our steel inGustr phenomenally FINANCIAL NEWS e oo [N STREET TODAY INSURANCE STOC 'King Quélity Shoe |American Locomotive Slmngest; SH[]W LARGE fiA for supporting the arch will prevent | (f Eqmpmem Group on Exchang and relieve “flat foot,” make walking T and standing a pleasure; give your Travelers Up Twenty Points AR e ';;“I:i;‘\‘ng““l‘n‘l Yest erday—Manuiacmrmg feet a nmew lease on life. marke active. Prices continue to soar and manufacturers ‘(lndr buyers alike ap- For your fee sake wear King |American Locomotive were the pear perplexed over an extra-ordin- Qe i leaders of today's dull and irregular ry situation. Many plants are sold 2 = . each scoring a two polnt ad- Although there was but little &) head to tiae end of the year at high- nd a few |ity in the manufacturing stocks td 1 iy ; k . vance, while coppers dv profitable prices, and indications i 2 i VARENNES f specialties were disposed of to har- |the Hartford insurance stocks tod point to continued pressure of or- L A\E . ¥ EN AR / 0 den. Ralls also preserved some sem- ! great boos Tt was particul rs. Railroads are in a position to - s s GONNE 3 ® o blance of firmne E 3 true of Traveler's stock which @ ¢ more freely, and are placing lib- e 4 stock LI 1 orders for equipment of all kinds. In some c: the delay in traffic has been owing to inadequate rolling stock. and this deficiency will soon be rectified. It guite within the range & of probability also that the railroads will put into effect long contemplated improvements. What with improved earnings, and a more reasonable at- titude of the public towards our great iransportation companies, the chief restraint upon railroad development has been somewhat di pated, and the outlook is really better than it ‘'has been for several vea The chief ¢loud now overhanging railroad man- agers is the labor problem. The de mands of the employes are now being more or less discussd in the open, and there is a fair chance of a satisfactory solution being reached without any se- cf the war issue: 5, a well as Marine preferred, l‘mt('l"n\er yesterday and of forty pd States Steel and a few other active | during the past three or four .d stocks, soon wiped out all gains. In | Aetna Life also forged.to the, fact, some leading shares repeated or | and closed at 605, which is a gai r ell under lowest prices of the mid- | ahout fifteen points. The manl week. Support was again lacking, | turing stocks were quoted today leaving a free field for the trading | follows eiement. The closing was weak Bristol Brass, 6 4 1-2; Amenl i Bends were steady. Brass Colt's, 848 2; N —— New York, Feb. 26, Wall street, | & judd, 105-105; American Hard 10:30 2. m.—! > from some strength | 124_125; Standard Screw, 2458 Ghmmcle Times afld Post Com- | in the metal group and a few special- | Njles-Bement.Pond, 168.172; N, | ties, initial quotations in today's) yrachine, 79-81; Union Mfg. . 79 stock market were without substantial | yonqers 61- ment on Let[e[‘ t0 S[OHC change from yesterday’s final figures. | 175: Secovill Rails were variably higher, excepb |yyorke Canadian Pacific, Northern Pacific London, Feb, 26—President Wil- [ and Cresapeake and Ohio. Marine pre- | son’s letter to Senator Stone, chair- | ferred, Crucible Steel, Pacific Mail man of the senate foreign relations {and Industrial Alcohol receded mod- | | committee, is i i published this morning | erate fractions. Among the obscure New Departure, 478-483, and St slous condlict fasfat foncftiniel feaed. and affords the London daily news- | issues Loose-Willys was prominent for The labor situation in the coal regions ' Ve — ! the villages of Brabant, Haumont, | papers the greatest satisfaction. A | its decline at 3 points. American Lo- | ] also appears less threatening, the im- 1 conditions. The fact that the muni Bending back the French line in' Samogneux and Ornes, taking the |wajority of the newspapers print | comotive was strongest of the equip- | f -~ pression being that by means of arbi-| tjons movement has already reached | S6Veral places was the effect of the' Germans to within a few miles of |ccitorials on it. ment group, rising 1 3-4 points. U, S tration any disastrous breaca Will bef its sonith is plainly evident, many | terTific German onslaught for Verdun, ! the outer forts of Verdun. The en- “The president’s words have the | Steel was inclined to waver. | averted. res _ items under this head now showing | #/though the French asserted that no ! tire wooded district northeast of jright ring to them,” says The Daily . | a Less War Work. important declines. Breadstuffs ex- | important gain w made, and they | Beaumont and the for of Herbe is | Chronicle. *“He makes plain to the P | R d 0 s g 757 There has been a falling off in new | ports showed a decline of $15,000,000 | 'etired from their first lines trenches | held by the Germans. C—Verdun; ob- [ whole world that the United States is New York Stock Exchange quota ‘Eas[em 0adas Wfllflb ¥ foreign orders for war munitions and | in January and cotton a decrease of [ I 800d order. They also said the | jective of the crown prince in a move |unshakable in its resolve to reject the | ‘lons furnished by Richier & Co. compatatively few repeat orders: are| $26.000,000. We have mnow reached | 3TMan gains were made af the cost d by military critics to mark 2 |impudent demand of Germany. In |fembers of the New York Stock Ex- | Cars Have 857 203 on Ll bHoink - received:Phis~Wwas ot~ @ the season when exports usually de- of fearful and reckless expenditure | new attempt to reach Paris, 110 miles fact, the whole substance of the letter | vhange. Represented by E. W. dy ¥ pected for the reason that the Al cline, and in view of the smaller ship- °!f lives .The map (No, hows where | aw Pictures No. 1 shows Kkaiser |proves t for all his patience and Feb. Moo aiready nrovided tHemmelves with | miantal Otiwars materialsl e may T4om|| thelarmylor thal Germanicrown prince | and crown! princet (In center) at the [fcrbearance, the president has a clear High bent the French line. A—battie line | prince’s headquarters; No. 2 in Gen- |ohjective which he steadily pursues, [ Am Beet Sugar .. §9% tistics gathered facilities for producing munitions up-{ forward to more normal conditions in 3 = & an enormous scale at a much lower [ gur foreign trade balance a much|i? the region of Verdun before .h~|eral Castelnau (at left) and General [and that when there is need to Eellina A oh | vice commission, according to ai ¢ost than in the United States. Hence-{ more manageable affair. Imports are German army, estimated ¢ 300,000 | Joffre, French commander in chief, |he can strike hard.” Am Car & Fdy Co ment issued by the Ame rail = otk S nen, begs e S 5 Sortultatlo e astein: i it c0. | B 1 forth our manufacturers must expect | tending to revive, and the continued [ M€ began its great drive for the|in consultation. General Castelnau i Yofty Soral Attitade. A assoclation vesterday, show thkiil + citadel. B—Present front, showing | an immediate command of the troops Am Can ern roads, owning 402,247 car The Time “The president remains immovably true to his lofty, moral attitude. oOn |0 Loco g how far he will carry the country’s [ M Smelting . POSSIBLE | opinion with him in the contingencies | Am Sugar that may arise it would be inju- 4™ Tel & Tel fewer foreign orders, though it is not| neayvy influx of American securiit ikely that they will altogether cease. | tends to prevent further undesirable Steel manufacturers anticipate a con- | jmportation of gold. Great Britain i tinued supply of orders from the rail- | moreover discouraging imports; a fac- = roads. from ship builders and from | {or which will tell unfavorably in the our forthcoming preparedne move- | jeng run upon cur export trade. The the changes made by the capture of | defending Verdun. on thelr lines on Rebrusrs: St 360,017 car, or a deficiency of H per cent, whereas on the same d stern ro 44 d on their lines 857,203 cars, an Am Can pfd ... it is impo: ble» to determine, though D R FRANCI in this connection it may be men- 1s, owning h u c Ve L red | tioned that tne loans of the New York i @ | 2 nie v t is bable will require v set to this is the improved : New kK I i 3 i o) e Anaconda Co eSS 00,000 cars, or 13.12 per o e e e e baiia, | oy e 0 e crenange.sivua. | as6oclated banks hve icreased 31| DIPLOMAT MANY TIMES |aicious and improper " to speculate. | Anaconds. cop | The buatton waa roune to be agll ng trade has also revived in a remark- | gion. which a vear 2go was assuming 066,000,000 auring the vear, and that Der A i e s | Balanint T acs | sravatea in New England, wherel able degree and this means a large| very threatening aspects: This is a|¢f this amount over $70,000,000 rep- ing manfully to his guns.” B&O ebruary 1 roads owning 70,428 i resented loans on investmentt securi- This phenomenal expansion of proves that inflationary in- fluences are operating in an irresistible se must be attributed to act, stated, had on their tracks 10 5 cars, an excess of 43.83 per @ In a letter placing the situaiion | fore the interstate commerce commy sion, the ation includes a rep@ | by its ice commission urgill The Morning Post say 5 A5y . “It is the fate of America, whether | Butte & Superior. it will or not, to make a choice be- | Canadian Pacific |tveen her own gods and Germany’s | Cen Leather idols. President Wilson has sufficient- | Ches & Ohio |1y defined the situation, and in so | Chino Copper 5 rned the respect of the | Chl Mil & St Paul. consumption of iron and steel in con-| complication which does not appear -uction work. In many of the sub- | jikely to occur again. iary steel ind is also ¢ liary steel industries there is also a e tion: sharp trade Other branches ; RANE e g of the metal trade are having a gener-| The money situaticn continues sat-| manner. TI sus share in tae boom, notably copper, loznable funds being abun- | operation of the federal reserv to the remarkable importation of gold tactory, e the demand for which continues upon | .- ‘omparatively easy rates, and | doing he has . estern railrbads e dika il ! dant at comparatively easy 5 e nHa ey et ! a Chi 2 the western railroads be discoural in unexampled le in spite of thel yi¢ iy spite of an enormous expan- 'g'f“t]m ‘,l?:_'“r;‘("’m” "Lh_‘) ar ”"i" : civilized world Crucible Steel | from shipping to the ’Atlantie s thaprices axeitheihishiestion xe sl slon ofioans Smneilatest repcrilof tha | [SAL S EE I = L ol Other morning newspapers com- | Col F & I board and New England comm il ord in modern times. As a result, the } ,,;n¢ry's national bank shows an ox- e s ] jment in a similar strain, Cons Gas .... ties of a character which it was sccurities of the steel. copper, other | Linion of $1,010,000,000 in loans | show an inc | v iy Distillers Sec parent could not be readily unload$ metallic and the chemical industries| ., pareq with a year ago. This is the have shown more strength than other|, gegt expansion since 1911 when the Crop Outlook. [consone sty manie : $400,000,000. How | There is one feature of the situation se has been due 10 which is not all that might he desired, i and that the crop outlook, Our winter wheat acreage promises to show a small dec e owing to con- traction in the south. At the same time a very considerable portion of the winter wheat crop has been win- | ter killed. According to tae present | outlcok there is no chance for another | ]‘ bumper wheat crop in 1916. It is too | ind promptly disposed of; and 5 castern shippers be told to refssll from ordered freight in excess W their ability promptly to unload- THi report concludes:— | “The action of the interstate cou 4 | merce commission in granting the 8 | auest of railroads for decreased [F® ; | time at the ports will prove, It hoped, a substantial and in effectin % | relief. The commission on car e 83 | vice urges further consideration Dby the interstate commerce commission Eroiia e DOMINION OFFICIALS Erie 1st pfd General Electric SEEK WAR GRAFTERS | Goodrich Rub, e Great Nor pfd Gt Nor Ore (. Claim to Have Uncovered Case in | Interboro pfa Inspiration Interboro pfd Is Tnvolved. ISanaas (Clty 8o Lack Steel ..... ian | Lehigh Valley - | Max Mot com increase was nearl Foreign Trade Changes. e (nores Our foreign trade reflects changing | loans on returned Ameri Which Colt Fire Arms Company State of Connecticut Ottawa, Ont., Feb. 26—A Canac commission led by Sir Charles Da: Office of the carly, however, for crop prospects to | son, which is investigating war con- [ Mex Pet . 1043 ; =t i ‘. i ccts wi % . s 1 f the requests for increased demm . e 8 e acts h the & f discovering | N ok of r- Ay ’s 7 | become an important factor in the| | tracts wit of discovering { Natl Lead ........ 671 g | o g - COMPENSATION COMMISSIONER i ) b | e e e e e rage and storaze charges s furtie for the ! The immediate oulook is xceerd- profiting unduly from the business, | Nev Cons ......... 16% 16y : X s difficult situation. | ingly_uncertain. It home influenc made a discovery of some interest ves- [N Y N H & H R R 67% 6614 —_ | terday. It was learned according to i N Y Ont & West . 28 a story published in the Ottawa Jour- [ Northern Pac that Colonel J. Wesley Alliscn | Norf & West FALD. Wheat value % 28% 113 112% 117 1163 WHEAT PRIC cago, Feb. FIRST CONGRESSIONAL DISTRICT e vancing ma the contrary th Ch broke about five cents a bushel todg s dominated market GEORGE B. CHANDLER more than ever by the d strous con- | had benefited pri ely when in the | pac Mail 8 221 " the N@ Commissioner flict across the sea. The pressure of | fall of 1914 he let a contract to| Penn R R e A on account of (vl:y}nrwm;!vv{n ne s HARTFORD foreign 'holdings of American secur 3 ' | the Colt Patent Fire Arms company | Peoples Gas . ..... 103 Yorle iatock | market, H”“;’;d ol ties is constant and must continue in 2t For o of Hartford for 5,000 Colt automatiz | presseq tSeel Car , 5 yercunhes “”1‘.“" .“;-m”;ul?]wrm l: view of enormous loans still pending R PR & | Pistols for the Canadian government. ' Ray Cons 59 s e :”“ = y(‘(*rl'\lng; February 11th, 1916. | Confidence is also easily disturbed by | Previously = Colonel Allison had [ Reading ..... rallod’ to] check B0 B e <~ any pernicious activities emanating | DAVID R_FRANCIS | sworn that he did not profit by the | Rep 1 & § com tent the downward plung : E. Cook, from Washington. I any improvement deal, but Sir Charles Davidson learn- | g "py." y market. Rev. Warren 00 were to develop in our relations with Menti f David T is of Mi ed from Samuel M. Stone, vice pr So Ry |>m\"r Sled S fohio = Mention of David R. I'rancis of Mis- | dent of the Coult company, that hec | . 2 % NURSES OFF TO FRO}X ist 1 | Germany it would be quickly felt in e pany, that he | gruqebake NURS Trinity Methodis Eplsccipa Church, the sccurity markets. souri for the post of ambassador to [ had made a money present to Allison | mann Uopr London, Feb. 26, 12:15 p. m.—Thir« New Britain, Conn. HENRY CLEWS. | nussia, resigned by George I Marye, “*(“ 1!"'\(“']4 '("l‘ALl']i\in: the business | mevas ol 203 1 ty-three American nurses, most of e 5] A to Colts. Colone ison accepted half : “6014 3 Mercy Hospital, Chica — —_ o el any the fac 5 h . 6014 [ them from ) 3 I , =0, My dear Dr. Cook ‘ y ) recalled to the minds of many the fact | e amount offered him according to ;rvm”(“_‘ ’;‘; ‘hl,, left London today for the Britiss My de £ - HEARING FOR ROE: that several times, according to report, | the “Jjournal” story. Montreal papers Utah m;) 3314 | front, They have been detailed to : . , Hartford, Feb. 28.—Governor Hol- | diplomatic posts have been offered to | say Mr. Stone claimed the payment to | v o0 51 | service for | onths in field hos- g oo . 4 U S Rub Co 51 service for six m s ield hos. I am in receipt of your kind note of the 9th, and sen R e e R TR He has heen mayor of | Colonel Allison was in the nature of [ 0 5 &) 527 | pitals, The nurses had been in I Poughkeepsiu persons at Poughkeep- governor of Aissouri and |a present and was not a rake-off or sie that he had asked the state pardon of the in*'rioy in President | graft. confirming our conversation over the telephone, I . : in Hartford next Mon- | Cleseland’s second cabinet. >Ir, Fran- shall be glad to talk on preparedness at 7:30, March [Qiaoert e o Fr o e | v was also president of the Lovie- a5 day to hear pleas ‘ted of murder of Hu- |iana Purchase Centennial exposition 1O INJURED. 5th, at Trinity Methodist Episcopal Church, ' New Hoe. 2€, cony Lo A 9 Paris, Feb. 26, 5:10 a. m.—Gabriele bert . Case at Barkhamsted, Ct., No- | of 1904 and Pritain. You may put me down for the subject “Pre- || stmver 535 T S Sz el ko oo =l B Connecticut Trust and Safe Deposit Co. ner, a prominent suffragist, who wa-~ | Asiatic countries. taken to a hospital in Venice, s 116% | don for nearly two weeks, gathering 46 their equippment. Steel pfd Car Chem | ) A STRONG, RELIABLE CORPORATION g organized and qualified through years of efficient, { urvival.” Roe’s employer; Miss Anna C. W. Da —_— the Rome correspondent of the Petit paredness and national S ley. a lawyer, and others will appe TWO MORE GO DOWN. | Parisien. There is a poss ‘e the 2 s Rce. oy bility that the sight of the injure incerely vours before the board of pardons for 1lity - nea $ vy 4 If they are unsuccessful Roe will e | British Stcamers Sunk and Seven | eve may be preserved. trustworthy service, to act as Conservator, Guardian executed in Wethe; eld prison March | | GEORGE B. CHANDLER. ““'im “”t Ve - NORTH STAR FLOATED. Executor or Administrator. Londonoren, 126812 45 Fp e = (B L0 e e e PITAL $750,000. SURPLUS $750,000 ) ’ MPS. Lloyds announces the sinking of the | North Star of the Bastern Steamship e e sl (Connecticut, Trost and SaTe Depasi (s, , and the Tummel, of 521 tons which went aground on Castle Island MAY INSPECT C! Tokio, Feb. 26—The Japan gov- ernment has granted the request o March 12th Dr. Rockwell Harmon Potter will ¥peak against “Preparedness.” Germany to permit an official inspec- | Seven members of the crews while entering the harbor during a M. H. WHAPLES, Pres't. HARTFORD, CONN tion of detention camps in which ng. Of five survivors who w e | fog last night, was floated early today s S PRI German prisoners of war are confined. ' bicked up two died. and docked daylight. |