New Britain Herald Newspaper, August 31, 1916, Page 11

NEW BRITAIN DAILY HERALD, THURSDAY, AUGUST 31, 1916. {[Straws are on the wane! {Time to draw a new Fall lid. fPAll the good new hats are now ready for you here. fAnd for suits— well, just come in and see our new fall showing ! {[Grays in great variety. fiBrowns and Brown mix- tures. {These are Fashion’s favor- ites, but other patterns and colors in big variety. {[Prices—$15 to $30. NEW ERITAIN, CONN PRESIDENT CONFERS WITH BROTHERHOOD (Continued From First Page). attached. A special rule will bring the bill up for direct action by the house. It would make the eight hour day effective December 1. In spite of the fact that the leaders g@gve no assurances it is certain that the strike would be called off immedi- ately if congress passed the eight hour law which will be taken up in the house tomorrow. The brotherhood leaders are reluctant to take steps to cancel the strike order until congress bs acted. President Wilson told the leaders | _he was doing everything possible to haye congress legislate to meet situation, and that it was their duty as ‘American citizens to postpone or cancel the strike order pending its action. The president was said to have used some “strong language” in talking to the labor leaders. 2 President, at Capitol. Just before 11 o’clock this morn- in%; President Wilson arriced at the capitol and summoned administration leaders to his office. Word was sent to the interstate commerce committee that the presi- dent wanted to confer with senators on hastening the legislative action. The committee authorized Senators Pgomerene of Ohio and Smith of South /Carolina, to confer with the president. Senators Pomerene and Smith, aft- er talking with the President half an hour, returned to the hearing. “Cannot Be Strike.” “The president wants action; that's Bll we can say,” said Senator Pomer- en¢. “I cannot believe that there will be a strike.” After the senators’ departure, Ma- jority Leader Kitchin, Representative ‘Adamson and Postmaster General Burleson conferred with the presi- dent. “I have just been keeping in touch with things to see that they keep moving,” sald President Wilson as left the conference with congre: leade The president’s face beamed with a broad smile. Chairman Adamson of the inter- state commerce committee, id: We will pass the eight hour bill, in- troduced today in the house, tomor- row. That will include the provision for an investigation of the effect of the eight hour day on the railroads. That, we believe, will prevent the strike. Following the conference the pres- ident returned to the White House. The president expects that the ac- tion of the railroads in issuing em- orders against perishable thus affecting food, will have in quickening action by bargo freight some effect of brotherhood leaders that if the eight hour law D ed night the strike order be rescinded, led the president | to redouble his efforts to have the | rushed. that, the president takes p:hfllnn that it is th patriotic duty of the brotherhood leaders to rescind or postpone the strike order In view of his recommendations to congress and the efforts being made to aet upon them, While President Wilson will con- ue to insist on his entire program t®re were indications toda that the attention of the administration leaders in congress first will be con- tentrated on the eight hour day bill &nd on the bill to create a commis- glon to investigate the situation. These two measures incllude the basis of the ¥plan of settlement proposed by the president to both sides and accepted by the employes. master General Mails Must Be Carried. 'rl with President 3Jurleson con- W on this morning and said afterward that he Will insist that mails be carried on ery train moved if a strike comes. Shon!d. e president’s aopeal to the | and garded as the most effective pleces of emergency legislation. the brotherhood heads to rescind the strike order fail he is prepared to issue a public statement calling upon all the members of the brotherhoods to Jjoin in ordering its recall. He would say the railroad employes have no right to imperil the industries of the nation under uch conditions, when the thing they demand is about to be provided by law. House leaders decided not to wait for the senate to act, as they first planned, and agreed on a bill designed to carry out the president's recom- mendations for an eight hour day and a commission on investigation. It has some modification from the sen- ate drafts. It was introduced by Rep- resentative Adamson, chairman of the interstate commerce committee, and has the backing of Speaker Clark and democratic leader Kitchin. Plans for Legislation. . the senate acts promptly on ions—the only ones in am favored by at this time— a special rule will be invoked to rush the Adamson bill the house and over to by Saturday at the latest. Postmaster General Burleson also conferred with Chairman Adamson on movement of the mails. They dis- cussed the old law of 1862, which al- lowed the president to operate rail- roads in case of public necessity. Bill Would Stave Off Strike. The eight hour day bill, on which most congressional leaders agree, if enacted by Saturday night, will be suf- ficient justification, in the opinion of brotherhood leaders, for calling off the railway strike set for next Mon- day. This today was the main source of optimism that the great industrial tie- up would not occur. “Enactment into law of the presi- dent’s eight hour day bill as now drawn, guaranteeing the present 10 hour day wage,” said W. G. Lee, head of the trainmen’s brotherhood, “will be regarded as a satisfactory settle- ment of our differences with the rail- roads and there will be no strike. In order to prevent a strike, however, this bill must become a law before next Saturday midnight.” ‘Would Establish 8 Hour Day. The measure contemplated would establish eight hours as the standard work for rallroad employes engaged in interstate commerce; it would au- thorize appointment by the president of a commission to study general con- ditions under the eight hour day, and report its recommendations to con- gress, the president and through the president to the interstate commerce commission; pending the report dally wages should not be reduced below the present pay for longer hours. Other measures were under con- templation, but the eight hour day 3 investigation proposals were re- the president’s prog: house leaders through the senate The attitude of congress today— that of determination to prevent the strike—was exemplified by the resolu- tion, pending in the senate, calling on brotherhood officials to suspend the | strike order for one week, and the statement of Senator Thomas, that if the government failed to protect the public in such a crisis, it had no right to call itself a government. DEATHS AND FUNERALS Wesley Forsyth. services for the late G. Wesley Forsyth were held from his home on Fairview street this after- noon. Rev. H. I Bodley officiated and interment was in Fairview ceme- tery. G. Funeral Card of Thanks, We desire to express our thanks to all of our kind end friends; Toard of Public Works, City Officials and others, for sympathy shown, acts £ kindness and floral offerings at the death and funeral services of our be- loved husband and father, Edward Wiegand. (Signed) MRS EDWARD WIEGAND AND FAMILY, JACOB WIEGAND, SR., CHARLES GATES, LOUIS LEHR, MRS, LOUIS HIPP, MRS. B. A, RICHARDS, JACOB WIEGAND, CHARLES WIEGAND. SCHOOL YEAR. Tate Opening Will Require Vacation Periods for Pupils. Hartford, Aug. 31.—Charles D. Hine, secretary of the state board of sincere MRS, MRS, MRS, inquiries from the school officials of towns, as to the effect which a possi- in the number of days of ble reduction in the infantile paral. attendance grant. instance Secretary Hine has replied that an effort should be made to make up for loss of days occasioned by the postponement of the school year by reducing the num- ber of days adlowed from school in the holiday seasons or to take off the requisite number of days from the summer vacation. school year, on account may have on the average In every REALTY The Bodwell transferred land at streets to Mary M. Curran has transferred to TRAN Land "ERS. company has Wellington and Hampton Ready. John . James J. he Bro | Chapr | Childs s and Sunrise avenue. Henry T. Bray has sold Glendale to Joseph Berdino. Mary O’Keefe has sold property at 96 Wallace street to Mortimer Woods. Curran twenty-two lots on n Heights tract located on Platt, Wilbour, Market and s and on Chapman court n, land at neighbors | especially to the societies, { education has received a number of | | bond, BRAID AND STITCHING FOR THE FALL TOGS HER TROTTEUR. Everlasting, pleasing navy serge de- velops this good looking gown which is lavishly braided with black silk soutache. The skirt has a slit down the left side with a buttoned over flap that is rather attractive. The bell sleeves have a style all their own. PERSONALS | Willlam McCarthy of Stanley street is spending a few weeks at Myrtle Beach. Albert A. Buell is spending a few days with realtives in this city. James F. Roche has returned from a vacation spentat Walnut Beach and will leave tomorrow for a visit with relatives in New Yorlk. Edward Cronin of Hartford ave- nue will spend his vacation in New York ecity and Long Island. Miss Nellie Cronin of Hartford ave- nue will spend her vacation in New York city. The trip will be made by automobile. City Items Don’t miss the great Alteration sale at The Curran Dry Goods Co.—advt. Officer Fred Wagner this morning arrested John Aukszuinas for the East Windsor police. He is charged with reckless driving in that town. Samuel Berkowitz and Samuel Waskowitz have leased the store at 218 East Main street to Prospero Franklin for a period of three years. The supernumerary policemen will report at police headquarters Sunday afternoon to hear a report on their re- cent agitation for an increase in pay. The New Britain Savings and Loan association will open its new quarters in Rossberg’s block, sharing the Star Real Estate company office as well as having an additional office room. fl COTTON HIGHER. New York, Aug. 31.—The govern- ment crop report indicating a condi- tion of 61.2 per cent. or the lowest on record for August 25, and a lint crop of 11,800,000 bales, was followed by a violent advance in the cotton market here this morning. December contracts sold up to 16.10, or about $1.80 a bale above the closing price of yesterday. O’LEARY TO GIVE UP. Vice President of Molders’ ‘Will Submit to Service. Aug. 31.—At a this morning Union session before court, Bridgeport, in chambers Judge Webb of the superior counsel for the striking whose homes have been attached, an- nounced that J. H. O'Leary of Wor- cester, vice president of the Molders’ International union, is ready to give himself up for service. Counsel for the manufacturing molders objected to a reduction in but Judge Webb said he would grant it if O’Leary were served. molders, Reading Between the Lines. (Ohio State Journal). Our own entry tween-the-lines contest: Owing to the nature of Mr. Hughes' speeches, Fresi- dent Wilson plans to spend September and October at Shadow Lawd.. | in the reading-be- NAVAL PROGRAM A STRAIN ON MILLS Will Make Far Greater Demand for Steel Than Thought l The Iron Age says today: The difficulties of the steel mills are of six months output and more now nar- rows down for many of them to the four months that remain of 1916. Pro- duction in August was about equal to that of July, in spite of trying condi- | tions, but new business was larger and the steel corporation expects to end the month with an increase in filled orders. Domestic buying of finished steel for the first half of next year has not been conspicuous, though a good many implement makers have contracted for steel bars at 2.50c, the sales of the leading producer on this account being reported at 160,000 tons. While mills are not disposed to put up prices on contract material, the market is stronger and premiums for again increasing, as the delivery un- carly delivery are more in evidence, particularly on bars, plates and The steel corporation now | quotes on forward delivery 2.60c, Pittsburgh, for bars, 2.70c for shapes | and 3c for plates. & shapes. The 1916 naval program will make a far greater demand on steel wor, than had been calculated. It is now | figured that for hulls and armament 215,000 to 220,000 tons will be needed | for the 4 battleships, 4 battleship cruisers, 4 scout cruisers, 20 destroy- ers, 20 submarines, 1 fuel ship, 1 am- munition ship and 1 hospital ship. In the case of two steel comjanies, at least, some bf the government work must be taken on to the exclusion of more remunerative foreign orders. New vessel orders include three on the Pacific coast, two at Philadelphia for American owners, and two at Bal- timore for Norwegian interests. Steel placed for these is mainly for the third quarter of 1917. An eastern yard has just placed 40,000 tons of shipbuilding steel, chiefly plates. Japan is still u buyer for its shipyards, and it wants make up the bulk of a 20,000 ton in- quiry pending in the Chicago district. Railroad wants have been more of a factor in the past week. The Southern Railway has ordered 20,000 tons of |t rails for next summer and 5,000 tons |t has been bought for Cuba. The Cana- dian Northern is inquiring for 20,000 tons, of which it is likely only 10,- 000 tons can be supplied in this coun- try. The Grand Trunk is in the mar- | I ket for 20,000 tons. In tie plates the |1 order for nearly 10,000 tons | t 1 15,000 | « s t closed for its total orders in the past year about 100,000 tons. |t Great Britain, it now develops, has |V bought 56,000 tons of rails here, or much more than has been estimated. |1 The placing of a large tonnage of | T 1 1-2 inch and 2 inch angles for France is attracting attention. One steel company has taken 5,000 tons and much more is pending. Mills have | asked 3.10c. to 3.25¢c. onj this material. | Foreign buyers for other than war needs are more active as signs point to the continuance of high prices instead of the reductions indicated two months | i ago. Wire products, structural shapes t and plates are being extensively fig- ured on. From Italy there is a 10,000 | v ton Inquiry for sheet piling. The broadening of the pig iron buy- ing movement is evident, but there is considerable irregularity in prices. In view of the dip of the market in all | ‘ts in putting through the large sactlons with which the August | C movement started, few sellers are now | s getting more than they were quoting through the lull. Close to $17.50 at Chicago district furnace was done on .25 silicon iron in the latest competi- tion between Northern and Southern cellers. In mnorthern Ohio it is now difficult to get $18 No. 2 iron and $18.50 is commonly the market. Thus far large buyers have taken the bulk of the iron sold for first half of next vear. Buffalo reports sales of 100,000 tons of all grades in the week, most of it in good-sized lots. Some | s foundries will buy more iron for this | p vear, but the large majority will carry over 1916 iron two or three months into 1917. Machine shop and foundry | K strikes have done much to keep pig |1 just tons of rails, making 1 iron from sharing in the advances in | ¢ vancing market steel. At Pittsburg the long predicted ad- vance in basic pig iron is still delayed. A sale of 10,000 tons was made there, | and inquiry covers 20,000 to 25,000 tons. An Indiana buyer has closed for 25,000 tons with Detroit furnaces. In castern Pennsylvania the basic market is higher; how much, will be shown by a new inquiry for 18,000 tons. WE WISH TO ANNOUNCE Mr. Louie OF NEW BE has become associated with us as @ | FROM and ready for your inspection, and you're them in the neighborhood of 92. been a steady advance high as 96 advance | La | asked | stanley from 13 strong with 95. bid 145 asked. with sales from 77 Brass with 285, tomorrow. and Standard Screw occasional days of activity bid, ford but the prices hold firm, neighborhood of 40 sales in the Standard Fire is affered at 65. quite and Travelers 830 to 840. natural that there should collections against $36,000 for August year. 0 N4 116 AsYLuM ST. a? \_9 HARTFORD. Q— Suits for Stout Women a Speclalty. CORRECT FALL and WINTER STYLES SCHLOSS BROS. & CO. other famous makers are now nvited to come to our store and look over. $14.98 to %35.00. 'NORTH & JUDD RISE FEATURE OF MARKET t Local Stock Has Had Steady Ad- vance to 961-2 Furnished by Richter and Company.) The local market during the week has been characterized by the activity and adv: in North & Juda s early in the week were There has with sales as 1-2. The market closing v 93 1-2 Dbid, 94 1-2 asked. We that there will be a further as the company is reported o be doing a very profitable business. anders, Frary & Clark has also been and strong, bei quoted 72 2 1-2 asked, with recent sales as s 73. Stanley Works remains une with sales at 88 and 89. New Machine is quoted 82 bid, 84 There has been a demand for Rule & Level with sales be- 5 and 430. American Hard- been quict, sales ranging to 133. Traut & Hine re- mains the same 43 bid 45 asked and Manufacturing company is recent sales at 94 and American Hosiery is quoted 130 tock. oda elieve Letive vid, high he =¢ sritain ween 42 ware ha Tnion Eagle Lock has been in demand to 79. American s been somewhat reactionary, les ranging from 283 1-2 to Scovill Manufacturing company s quoted 572 bid, 577 asked ex the en, per cent extra dividend payable Niles-Bezment-Pond com- bas advanced a little each day is quoted 167 bid 168 asked. common, aside from has been y quiet for the last month. Sales week have ranged from 330 to There has been good buying in Yolt's Arms, and there is vVery little tock in the market, being quoted 835 845 asked. The fire insurance stocks of Hart- have been more quiet this weelk, 400 being bid sales in the Hartford Fire 5 asked, and Na- 290 asked, with of 400. mon| or Aetna Life, with s quoted 815 bid, 8 nal Fire 383 bid, neighborhood rance stocks which had nce two weeks ago are reactionary, Aetna Life 750 bid, 760 asked It is only be some iesitation in the face of a great rail- oad ike. As scon as this situation lears we look to sce a strong ad- all algng the line. The life in: an adv: omewhat heing quoted at COLLECTIONS TOTAL $876,500. reports total of $53,000 of last for this Tax Collector Loomi for August The total yvear are $876,500 collections for the whole of 1 THAT S. Jones RITAIN. our New Britain representative with an office in the National Bank Building. We hope for a continuance through Mr. Jones of the cordial relations we have had with our New Britain clients. Beach & HARTFORD NATIONAL BANK BUILD: New Britain and Hartford Local Inve vate wires to Hornblower & Weeks, Austin G, HARTFORD, CONN. ‘estment Securities. Direct Pri- New York, Boston, Chicago. # Represented by 81 West Main St., City Hall Building RICHTER & CO. MEMBERS NEW YORK STOCK EX CHANGE, E. W. Eddy. Telephone 1540, Judd North & Stock FINANCIAL NEWS STEELREAGHES HIGH PRICE ONCE MORE Closing Was Strong—Standard“ Shares at High Levels New York, Aug. 81, Wall St., 10:30 | a._m.—The critical state of the rnll- way labor controversy was again a paramount factor in the securities market today, opening prices showing irregular declines. These were most- | ly fractional, however, except in Read- ing and the motors, where heaviness was most conspicuous. United States Steel lost a large fraction which was followed by prompt recovery, and other investment shares soon im- proved under the influence of an- other upward movement in Marines, which established new records on further free absorption. Ralls were but slightly affected, but the tendency towards irregularity became more marked with the progress of the ses- sion. Wall St, Reading and | Noon.—Marines, Steel, Kelly-Springfield Tire, the latter at a new maximum, were the chief features of the forenoon, other prominent stocks moving in un- certain fashion. Marines lost their early gains n realizing sales, but dis- played a strong undertone. Important rails were only nominally lower. E Speculative specialties lost @s much as | two points. The entire list Mr('nlzth-l ened at midday on the more encourag- | ing news from Washington. Bonds were dy. Wall Street, 1.30 p. m.—Coppers led the general advance of the inter- mediate session, Inspiration attaining a new record on its rise to 57 3-4, with gains of one to two points else- where. Steel, Reading and other rep- resentative issues made similar re- sponse to renewed demand. Wall St. Closing.—United States Steel's duplication of its recent high record to 99 3-8 was the striking fea- ture of the final hour, other standard shares then attaining highest levels Pac Mail 8 8 Co.. 27 Penn R R Pressed Steel Car. Ray Cons . Reading Rep I & S com. Rep I & S ptd iSouthern Pacific . Southern Ry ... Southern Ry pfd Studebaker Tenn Copper . | Texas Oil .. i Third Ave Union Pacific United Fruit | Utah Copper . U 8 Rubber So. U S Steel U S Steel ptd Va Car Chem Westinghouse Western Union Willys Overland 1Ex-Div. 46% COTTON CROP. Department of Agriculture Forecasts Harvest of 11,000,000 Bales. Washington, Aug. 31.—A cotton crop of 11,800,000 equivalent 500 pound bales was forecast today by the department of agriculture, basing its estimate on the condition of the crop: on August 25. The condition of the crop on Aus gust 256 was 61.2 per cent. of a nome mal, compared with 72.3 last month 69.2 last year, and 72.5, the average| for the last ten years, on August 26, MONEY Deposited In Qur DEPARTMENT On Or Before of the day. The closing was strong. tions furnished by Richter & Co. members of the New York Stock Ex change. Represented by E. W. Edd Aug. 31, 1916 High Low Close 88% 881 883 | 1315 127% 13 l/‘ 76% 76% | 62% 623 27% 61 11"‘/ 76 985 110 219% 130% 84% Am Beet Sugar .. Alaska Gold Am Ag Chem Am Car & Fdy Co. Am Ice . Am Can . Am Can pfd . Am Loco 5 Am Smelting .. Am Sugar .. Am Tobacco'... Am Tel & Tel Anaconda Cop A T S Fe Ry Baldwin Loco B&O.! BRT Beth Steel Butte Superlor Canadian Pacific Central Leather .. Ches & Ohio . Chino Copper Chi Mil & St Paul. Col F & T Cons Gas Cruciblo Steel Del & Hudson Dietillers Sec Erie ceseee .o Brie 1st pfd . General Elec Goodrich Rub Great Nor fd Gt Nor Ore Cetfs. 37% Illinois Central ...100% Inspiration 5814 Kansas City so 2414 Lack Steel 7% Lehigh yalley .... 781 Max Motor com .. 84% Mex Petroleum ...104 N Y € & Hud Nev N Y Ont & West. . 26 orthern Pacific .1103 109% 110% tNorfolk & West..1283, 1281 12815 | Co0.103 79% 86% 85% .483 6614 L1781, 5614 6114 95 4814 1363 L. T6% .150% 461 37% 101% 7% 84% 851 430 621 176 % 551 5915 507% 92% 457% 135% 73% 170 72% 103% 108 193 591 New York Stock Exchange quota- | BSEPT. 3rd @ Will Bear Interest | From Sept. st {COMMERCIAL TRUST CO. 274 MAIN ST. ASSETS OVER $600,000 Executor or Administrator. CAPITAL $750,000. M. H. WHAPLES, Prest. 3 | ¢ | Connecticut Trust and Safe Deposit Co A STRONG, RELIABLE CORPORATION organized and qualified through years of efficient, trustworthy service, to act as Conservator, Guardian SURPLUS $750,000 Connecticut Trust and Safe Deposit Co. HARTFORD, CONN,