New Britain Herald Newspaper, April 8, 1916, Page 11

BRITAIN DAILY HERALD, SATURDAY, APRIL 8, 1916. OUR FOREIGN TRADE AMAZES FINANCIERS Honk! Honk! “Antis’’ Imports and Expor s in February Surpass All Expectations (Speclal to the Heraid.) New York, April $.—While there a growing desire for peace and a s consciousness that it may be far di tant, surtace point tnat The Gaily “Hurope continues with undiminished intensity, vet in spite of the German drive against Verdun no important gain has apparently made on either side lor many weeks Britain’s government budget for coming year shows both determi tion und resources, while the German Chancellor in addressing the ILeich- stag also made statements that encourage his people and discourage any hope of immediate peace; and this in spite of the terms he sug- gested on which Germany sider peace proposals Our individual interest in is multiplied many times over submarine probiem, which though quiescent during the last fed days rhay break out again at any ume with renewed excitement. Germany is evidently determined not to surrender the important weapon with whnich she can inmet injury upon Great Britain; so what tne outcome will oc only time determine. ‘ine c between Germany and the United States is still unsolved and may breax out with fresh intensity at any time “unless satisfactory assurances are ~e- ceived by our Government trom Ger- many. The Mexican ditliculty is not as yet in a serious stage, and for the time almost completely overshadowed by the liuropean wa Our presidential campa also cupies the public mind mucn than usual, than anticipated, fo the same reasons Considering t “amportant issues at stake, public opinion is remarkably quiet, and the same may be said of both branches of Congress at Washington. Such unexpected and unusual self--restraint must be credited the sobering in- duence of war. Our Foreign Trade Amazing. Our foreign is again surpas- sing all records to an amazing extent. in webruary both imports and export far exceeded any previous month, | experts touched §409,800,000 or $110,000,000 more ithan a ago | and §50,000,000 more than during | the previous high point in Deceniber last. For the iweive months endii, February our total exports were ¥3,720,000,000, or almost aouble th amount during the same period of | W11, five years ago. The March | total will show big results, judging | by the enormous shipments aaiiy | irom the port ot New York, which is | making tremendous strides as the country’s chiet Xport center. There has also been a gratifying in- crease in the country’s imports; the | total for February being $193,900,000, or $68,800,000 more than a year ago ahd $11,000,000 ahead of the pre- vious high record in January ia: During the twelve months ending March 31st, our imports reached $1,- 909,000,600, or $56,000,000 in advance of the previous record for a like per- fod 1n 1913. The eftect of war has cf eswurse been to discourage imports and vastly stimulate ports, thus swelling our favorable tr balance | to enormous proportions; the excess for the twelve months under review being $1,810,000,000, compared with way tragedy in been has the war by the most can being is or to trade vear indications do not as vet | Great | the | woutd con- | biles | Mr. | the of new With an escort of thirty automo- the little yellow automobile which Miss Nell Richardson Alice Snitjer Burke (left to right in the auto in the accompaty picture) are to tour the United Statcs was dedicated to its work with t name Golden Flier in New York. Gasoline was the appropriate liquid with which the little car was dedi- catedl to i work. “In the name of ‘(‘nfrunv wisement of women and in and | Signal for to Seek Cover | tions furnished by | members of the New York Stock I: | change. Alaska Gold o 7Y & $ W/LL TOUR COUNT‘EY FOR SUFFeFPGE of the National American Suffr: ] ciation I name thee the Golden Flier,” a4 Mrs. Carrie ‘(‘fflt as she broke {radiator. In her earnestness she imade a dent in the radiator. With | banners flying the automobiles finally | reached [ /. where they ! and its occupants en route for jhawken, N. J., the first stop transcontinental trip. left the yellow car Wee- in the capital devoted to poses reported since January $188,000,000 and since the war gan, twen ported is § while the v war pur- be 307,000,000; ar has been a less than a quarter of our present activity. This is demonstrated by enormous increase in steel orders, t - greater proportion of which is on de- mestic account and is made up ve largely of railroad buying. Amer: can railroads are placing liberal or- ders for all kinds of equipment. Since the first of January they orders for 1,415,000 tons of steel rai compared with 510,000 tons at in 1914, In many been given extending into 191 and the rush is so great that still furthes | orders would have been placed had it | the inability of mills to and advancing prices. not been for execute them $569,000,000 a year ago. This more than trebling of our tavorable trade balance within a year is a factor of igimense importance in the settlement of our international trade, foreign loans and credits, the international | trade balance is still running very heavily against the Allies and wiil probably so continue until the war | ends. When that event, sudden and | perhaps violent changes will develo ), | but neither their direction nor their duration can yet be foreseen I'rom now on \hc crop uation will become a subject of increased im- portance. \x-nu" is late and a se- | vere winter infticted considerable in- jury to winter wheat. There will be a material reduction in acreage, and condition is much below that of & gear ago. As offsets to these circum- stances there will be a considerable increase in spring wheat acreage and a large carryover from the crop of there will be no real scarcity of wheat 1915, albeit of inferior quality; during the coming season, nor shortage for export Home Situation Satisfactor . Our home situation is satisfactory The feverish activity observed during the greater part of the winter has | some what subsided. Last week bank clearings were only about 30 per cent. | abead of last year, while for months past the ratio of incre; has been n the neighborhood of per cent. this was largely due diminished speculative activity. In the ordinary channels of commercs | of industry there are vet no evi- dences of slowing dowr although there is a marked deyelopment of caution in making new the tear of overdoing having evidently re. strained initiative. Railroad earnings at the end of March were running about 20 per cent. ahead of last year, the increase being due more to the .xpansion of traffic than to higher rates. In the east industrial activity sontinues at high pressure. At the west there is no abatement of activily ind conditions remain satisfactory. New corporations reported in ‘he principal eastern states for the last :hree mont 1ggregated $831,000,000, compared with $175,000,000 at ‘he same time last year and $229,000,000 in 1914 Fully $300,000,000 or more n this year’s amount was due to re- “inancing; but, making full allowances. there was pbrobably double the usual activity in this direction. The amoun’ s0 any decrease as ventures, ings | Staples, to] o tivity was upon a nd confined chiefly secialties. railroad conditions, there has been so marked recovery in these irgely because of the continued influx of foreien hold- liquidated on account of the war. A great many gilt-edged bonds have been returned, but these have been even more readily absorbed than the shares of representative railroads This probably explains the compar. tive absence of new railrond investors for the time being pr to pick up seasoned securiti orable prices to taking new issues There are large sums of capital await- ing investmer’ ~urrent uncertain- ties impede good buying at this time. For government and municipal issuce there has been an excellent marke lately. diminished to a few cidedly improved issues, srring HENRY CLEWS. S Sales I{N’x)l(l(‘(l at Town Clerk’s Office. transfers recorded this Seventeen Seventeen realty at the town clerk’s office chows that spring real estate activity | as begun in earnest. The transfers follow: Walter E. Ingham to Lulu M. Jand on Black Rock avenue. Guttle to Joseph Katzi- land and buildings oi Nicholas ner et u Jubilee street. James W, Donough, land Stanley street. 3. 0. Kilbourne to Parker, land in rear of Stanle: treet. Herbert H. Spellman et ux., to sames W. Parker, land and buildings anley and Francis streets. Adolph Pupel to Adolph Conrad, half interest in land and buildings on Jubilee street, Frank H. Alford J. Watson, land and Lincoln street. Bodwell Land company to John Paunberger, land on Allen street. Paul H. Bellman to John Skritul- <ki, land on Farmington avenue John M. Brady land on Ledge Crest Magna S. A. Kallberg to arles O. Kallberg, land on Dwight street. New Britain Real Estate and Title Co., to William F. McEnroe, land and buildings on West Main streete. Estate of Patrick McGuire to Mary F. Mc- on to B buildings Parker and James W. James on et ux., to buildings 1 was | months ago, the total re- | indicating that | powerful | stimulant it probably represents much | the | same time last year and 593,000 tons ses orders have | In spite of de- | week | to Dominick John, | Kevorkian et al., land and buildings on Hartford avenue. The Calumet Building Co., to Mor- timer H. Camp and Herbert V. Camp, land and buildings on Church street. The Bodwell Land Co., to Charles W. Holmes, land on Carlton street. Barbera T. Fivera to Mary E. Boro, land on Oak street LOCAL BOY TO DON HARTFORD UNIFORM | Blanchard, Star Semi-Pro Hurler, to have placed ! Get Chance With Heinie Wagner's Club. Thomas M Blanchard of FE street, as regarded the bhest semi- professional pitcher in this city and ranked among the foremost top-not- chers in the state, will make a bid for honors in the Eastern league dur- ing the coming season, having re- ceived an offer from Manager “‘Hein- ie” Wagner of Hartford. will join the Capitol City . Wednesday. As a twirler sional teams, few fully, particularly club mnext for local semi-profes- Blanchard in the past has developed wonde work of last season brilliant. Starting off the season with the Annex A. C., nine, which club he assisted materially in winning several games with Dis speedy delivery. Blanchard was offer- cd a number of flattering offers from out of town teams, but he chose to remain in this cit He worked for the Pioncers. in the Fraternal league and on picked teams. nche all for making a first class hurler. is tall. carrying sufficient weight to make this advantage one of value. His friends are jubilant over the | prospects that confront him, and are confident when umpire call “play | ball,” on the opening day of the sea- son at “Jim” Clarkin's grounds, the battery for Hartford will be given as “Blanchard will pitch for the home team with- catching.” the qualifica- JLECT CLUB OFFICERS. At the close of the rally of the second ward democrats last evening ir Bardeck's hall, the members held a meeting at which a permanent club was organized. Officers elected were President, Martin C. Connelley; vice | president, James Coyle; secreta Oscar Kraus. A committee of was appointed to adopt a set of by- laws. TO HOLD SUNDAY RALLY. A general rally of the dem has been arranged by the town co mittee, to be held tomorrow afte noon at 2:20 o'clock in Commercial hall. Addresses will be made by the various candidates and other mattars pertaining to the campaign will be discussed. There will be a rally at the corner of Myrtle and Curt street at 8 o'clock on Monday ing. WANT 1817 CLASS AVAILABLE. London, April 8, 11:05 a. m.—A bill has been submitted to the second { chamber of the Dutch parliament to | authorize the government, in view of the prevailing extraordinary circum- stances, to call up, if necessary, the recruits of the 1917 class, says a Reu- | ter dispaten from The Hague. Despite Reassurances From Wash- ington and Stocks Fall Off | vielded | Am | Canadian Pacific | Cen Leather Chapman | the bottle on tiie | | Great Nor pfd .. the West Forty-second street | gt Nor Ore Cotfs Blanchard | being | even- { Financial News FOREIGN SITUATION DEPRESSES WALL 1. New York, April 8—Wall St—The foreign situation continued to exert an unfavorable influence over today stock market, even though advices from Washington and other import- ant points were of a more reassurir character. Trading was moderately active. S United States Steel - occupied former place as leader, falling but the more speculative' were lower by one to two h a three point decline n Industrial Alcohol. Coppers were an clement of support at the outset, but later. Feneral recoveries were made in the final dealings, on the rise in zinc shares. The closing was irregular Bonds were steady. New Yorlk ®tcck. Exchange Richter & quota- Co., | Eaady. 1916 Close Represented by E. W. April- 8, "High TLow 19% A9% Car & Fdy Co Ice Can Loco Smelting .. Am Tobacco Am Tel & Tel Anaconda Cop A T S Fe Ry Baldwin Loco B & O Butte Am Am Am Am ©s Supe: 62 5413 Ches & Ohio Chino Copper .. Chi Mil & St Paul. Col F & I Cons Gas Crucible Distiller Erie ‘e General E lp(‘ e Foodrich Rub Steel Sec .. Lehigh Valley | Max Motor com. Mex Petroleum L N Y C & Hudson..103% Nev Cons . .o 1734 NYNH&HRR 63 N .Y Ont & West.., 2 Northern Pacific .113% Norfolk & West ..1213% Penn R R 5T% Peoples Gas ......104 Pressed Steel Car . 52 Ray Cons Reading Rep I & S com.. Rep I & S pfd.... Southern Pacific Southern Ry Studebaker Tenn Copper ... Texas Oil Third Ave Union Pacific Tnited Fruit Utah Copper T S Rubber U 8 Steel U S Steel pfd Va Car Chem Westinghouse BRISTOL BRASS GOES UP Spurt Which Began Several Days Ago Continues and Market Closed With This Stock at $70 Per Share. Bristol Bra trend today began ss continued its upwarad and the court which days ago still remains a feature of the market. At the close today this brass stock was selling at 68 2 bid and 70 asked. North & Judd also showed consid- erable activity and gained a point, selling at 102-103. Stanley Works is up a half point, being listed at 75 and the New Departure Manufac- | turing company of Bristol is up three points. This stock is sciling today at 180-184. Other stocks are quoted as follows American Brass §; Colt's; sales in the neighborhood of 800: American Hardware 123 1-2-124 1-2; Tanders, TFrary & Clark 1- New Br in Machine, TUnion | Manufacturing company. Niles, Rement, Pond, 173-17 Standard | Screw, 280-284: Peck, Stow & Wilcox, 30 -2-31 1-2; and Scovill several 80-8 S0 565 BAD CLEARINGS, New York, April 8—The statemert of the actual condition of clearing house banks and trust companies for the week shows that thy held $90,- 047,930 reserve in excess of legal requirements. This is a decrease of ¢ $24,775,110 from last week. Paola Vineci has taken out a ]l(‘lmift to erect a six family brick block at | Oak and Lasalle streets at a cost nf[ i | ror hold their color. | Luy these “Schloss | ciety will compete in a card | purch ‘yuu.n\ FORD ONEPRICE C[O IH 116 ASYLUM S'r HARTFORD. Q, Suits for Stoug Women a Specialty ECHLOSS BROS. & CO Fine Clothes Matars Baltimore + New York UNCOMMON STYLES I'OR YOU ME! I 00D MATERIALS Spring Styles we are | uNcommonLe The N showing for Young Men are not only | i uncommon in style, buf, imnportant this year commonly good quality. Woolens are rce and high this vear; good dyes are scarcer yet. Many of the Clothes sold throughout the country right will neither wear You'll notice it. Fast Dyes and Sound Fabrics are things you can be sure of, if you Baltimore’™ Clothes of ours. They're guaranteed through- | out for materials, including the lin- in for color, tailoring, and work- manship. They're guaranteed good all the way through. what is very now City Items l Letter carrier Claude S. Barrows is confined at his home on Roberts street with an attack of rheumatism. Mrs. Mary Doyle of Farmington avenue was operated on at St. Fran- cis’ hospital, Hartford, yesterday by Dr. Clifton. She is reported today as | resting comfortably. The annual banquet of the Cala- bash club will be held tomorrow in | Turner hall. A. and B. so- tourna- tonight in the The Young Men's T. ment with the K. of C., latter’s quarters. The Woman's Home Missionary so- ciety of Trinity Methodi: Episcopal church will meet Monday afternoon at 3 o'clock. Annual repor will be | read and the Lenten offering will be taken. All members are expected to | be present and visitors will be cordial- Iy wlcomed. Dr. W. Irving is negotiating for the of the residence of the late Frank J. Porter, treasurer of the Na- tional Spring Bed company, on Vine street. Dr. Irving plans to make 'his home there and will sell his farm on | Lincoln street extension. A report on the proposed tunnel to connect the Burlington and Whigville water supplies was made to the wa- ter board yesterday afternoon by City Engineer Hall The experimental drilling has proved the feasibility of the plan which it is expected will save huge sum for the city, The plan was adopted. FAMOUS TENOR FOR N. B. C. S. CONCERT John Barnes Wells to Appear on Program at Lyceum on April 19. New Britain music lovers will Dbe delighted to leorn that the New Britain choral society has secured the services of John Barnes Wells, tenor, of New York City, for the concert to be given in the Russwin Lyceum Wednesday evening, April 19. To the lover of poetic interpretation in song, a delightful musical treat is in_ store Mr. Wells' singing is such a happy combination of agreeable voice, mu- sical intelligence and self contained emotionalism that whatever he does has artistic interest. igmund Spaeth, musical the N. Y. Mail says of him: 2 natural voice of such quality that the average eritic of ‘“He has appealing audience | would probably be glad to hear him ing anything at any time, in any fashion. e executive committee is es- pleased to announce the spe- « engagement of the famous Bos- ton Festival orchestra for the in- strumental work in connection with ihe chorus, and which will also ren- der several selections in the miscell- eanous part of the program. The advance sale of the seats has heen very encouraging and the seat- ing capacity of the Russwin Lyceum has been practically sold out, the exception of the gallery, which the committee will he obliged to use, owing to the insistant demand for a lower priced seat. Director Laubin is very tic about the ability of the chorus and claims it is the finest collection of voices he ever had in training. enthusias- Connecticut Trust and Safe Deposit LG A STRONG, RELIAELE CORPORATION organized and qualified through years of efficient, trustworthy service, to act as Conservator, Executor or Administrator. CAPITAL $750,000. SURPLUS Connecticut Trust and Safe Deposit Co. M. H. WHAPLES, Pres't. HARTFORD, CONN. Guardian $750,000 ! they're of un- | with | -5 IRICHTER & CO Members New York Stock Exchange Represented by E. W. Eddy 31 West Main St. Telephone 840, 841, 84 LOCAL STOCK For April Investment 100 shs AMERICAN HARDWARE CORP. 100 shs LANDERS, FRARY & CLARK 100 shs UNION MFG. CO. 100 shs NORTH & JUDD 100 shs NEW BRITAIN MACHINE CO. 25 shs STANLEY RULE & LEVEL CO. 25 shs AMERICAN HOSIERY CO. 100 shs STANLEY WORKS 100 shs NATIONAL SPRING BED CO. 100 shs TRAUT & HINE 25 shs HART & HUTCHINSON CO. 25 shs TRAVELERS INS. CO. 25 shs AETNA LIFE INS. CO. 50 shs AETNA FIRE INS. CO. 50 shs PHOENIX FIRE INS. CO. 50 shs NATIONAL FIRE INS. CO. 100 shs STANDARD FIRE INS. CO. 25 shs HARTFORD FIRE INS. CO. 10 shs CONNECTICUT TRUST & S. D. C( 20 shs PHOENIX NATIONAL BANK 25 shs NEW BRITAIN TRUST CO. 100 shs SCOVILL MFG. CO. 50 shs COLT’S ARMS 50 shs NEW DEPARTURE COM. 100 shs BRISTOL BRASS CO. 100 shs AMERICAN BRASS CO. 25 shs AMERICAN SILVER CO. 100 shs EAGLE LOCK CO. 100 shs PECK, STOW & WILCOX 100 shs NILES-BEMENT-POND COM. 50 shs NILES-BEMENT-POND PF. 100 shs STANDARD SCREW COM. 50 shs NATIONAL SURETY CO. 100 shs BRISTOL & PLAINVILLE TR WAY 100 shs HARTFORD ELECTRIC LIGHT C( 50 shs NEW BRITAIN GAS CO. 100 shs HARTFORD GAS CO. 25 shs HARTFORD STEAM BOILER 25 shs UNITED ILLUMINATING CO. 25 shs NEW HAVEN GAS CO. 25 shs BRIDGEPORT GAS 100 shs SWIFT & COMPANY 100 shs BILLINGS & SPENCER