New Britain Herald Newspaper, November 4, 1916, Page 15

¥ Not because we're betier than any- body else, but because we know that the sq deeal is the way to build up a business, Here is our new line of Suits and Overcoats in medium and heavyweight that were built by reliable manufac- . turers on the square deal plan, These garments were selected by us because the you and your neighbors to see this square deal showing. PRICES: $15 to $35. DR. CLINTON J. HYDE THE PRICE YOU PAY “I know I ought to take treatment; 1 have been running down for the last year or two. I am all fagged out, have no ambition, worry from morn- ing till night don’t care whether I am dead or alive, have lost weight and cannot do the same work I used to do some years ago. If I were as strong as I was when I could earn £ood money. I know I ought to treat with a good specialist, but I cannot afford to pay the treatment.” “You are paying for it NOW, my friend, and dearly; vet yo do not get it. Let me tell you why. Your health is your capital; your working capacity is the interest you are drawing. A good manager never spends more than his interest. Should he begin to draw on the cap- ital his interest would, of course, de- dfease. And what are you doing? You allow your health to run down more and more; therefore, you can- 1ot work and earn what you used to. Do you see the point? You are draw- ing on your capital—which is your health—by allowing it to run down, and so the interest (your working ca- pagity,) is steadily growing smaller. You used to make good money; now you earn about half of what you used to get. To make two, three or four dollars was play to you; and you had all sour heart and soul in vour work. These happy days are gone. You now barely make a living and figd it almost beyond your strength. And you shudéer at the thought of what will happen when the final hreakdown comes. Figure out in dollars and cents what you have lost already and you will be amazed at the amount; and what you are going to lose is beyond estimation. SThe dollar don’t is an you MIGHT earn, but actyal expense to you. You spend it. And what do you get for it Worry, anxlety, despondency, want and deprivation for your family. The dollar you take out of your rocket and spend for treatment with an cxperlenced specialist is not an expense. It is an investment. And in thrn you get increased working higher wages, health and happiness at home. ‘Which will you choose? Can you hesitate? Dr.Clinton J. Hyde Specialist in Nervous and Chronic Diseases. TRUMBULL STREET, Hartford, Conn, 1:30 to 5; 7 to 8. 10 to 1. Fee As Low As $2.00. %54 9 to 12, Sundays the second lever Vote the Democratic ticket for peace, Prosperity and Wilson.—advt. we KNOW they were made on | square deal is the way to build | | competition of the products of cheap | | volve NEW BRITAIN DAILY HERALD, SATURDAY, NOVEMBER 4, 1916. But the important point in connection with the results to shown at the polls next Tuesday is that the attitude of either of the great political parties on the tariff is not 'ELECTION WILL NOT { war is itself such a dominating in- flience that it tends to confine con- we;ration almost campletely to such ‘xulrkot factors as are likely to exert a prompt influence. Unfortunately, the termination of the European war may hardly be considered to occupy a rosition in this category. Hence the election as bearing on the tariff will for practical purpose not be apt to act | as a retarding influence on stock ex- | change activities for the time being. In the face of the irregularity that is so usually associated with the clos- ing days of a national political cam- paign a remarkable investment ability that is not confined to any section but is nation-wide has been demonstrated Europe. }Says Henry Clews Who Reviews Condition in U. §. New York, Nov. 4.—It was not at all surprising in view of the numerous { cress currents that the market for tock Exchange securities should have played a degree of irregularity this In the first place is the im- the na- | la week. portant consideration that | tional political campaign has about | reached its point of culmination; then | { there has been (2) the sinking of an-| by the absorptian of the $800,000,000 other trans-atlantic steamer with | Eritish government secured notes that Americans on board under conditions | were formally offered on Monday. So | suggesting at one time the possibility | satisfactory were the subscriptions of a renewal of the submarine con- ' that the bankers decided to close the troversy between Washington and subscription books this morning, | Berlin; (3) the successful offering of instead of keeping them apen until another large loan on behalf of the Tuesday next, as was the original British government in ' this country; | plan. A similar indication of the ex- (4) the announcement of a second tent of the investment demand ha extra dividend of 1 per cent. by the teen the activity that has been di directers of the United States Steel|layed on the bond market. The Corporation and the publication of |sales of bonds on the Exchange dur- another favorable report of quarterly ing the month of October, for in- earnings; (5) the additional importa- | stance, had an aggregate par value tion of gold on a large scale, and (6) | ¢r $143,543,000, which compares with the continuance of the remarkable | §104,122,500 in October last year and octivity in industry and trade that has | cnly $40,837,500 in October, 1913 (the far so long a period been such an out- | Eixchange was closed for business dur- anding and favoring feature. These | ing October, 1914). e the more important news events | tecl Harnings: of the weel. - sl e - S I ' he quarterly statement of earnings . § Eicetion gnfuencey | by the United States Steel corpora- heinationallelectlonil=Elattacro iin| I M sin St iy Lo B ] a few days may be dismissed as an im- ideas that had previously been cur- mediate influence in the financial | (28 TiEC U PO Yol s her pow. situation. The technical position that | (00- (% 15ica %y "ndly hign' level, has been assumed by many exceeded the June quarter, market | ° cperators is that a succ T e ol [ avIDE 5 = | heretofore the high period, by more leaving a net litical p; xrt,‘_th at for so lang has been | GEROCRRR R0 AL tified with the prineiple of a pro- 2 T | surplus after allowing for the amount tariffwould mean greater se- | : = : % K necessary for the extra dividend, of ty for the industrial corporations | ¢ These fisures without which has been so greatly benefitted 3 Dese RS e question may be accepted as a re- by the foreign demands incidental to | i h i ble : = tr the war. A protective tariff would | SPOnsible and accurate index of the tend to westrict in our home markets | \RdUstrial activity that our country is | enjoying. During the June quarter deliveries were at virtually the full capacity of the mills. Hence spec- sume importance as an immediate in- | tacular Increases in carnings, such as finenee, - ‘Post-bellum conditions in- | ALY seemed to expect, must have many perplexing problems, | Tepresented in large measure the ef- urope undoubtedly will require the | feCt of higher prices paid by consum- ers, rather than an expansion in the return of a part at least of the gold | L that has.been forwarded to this coun- | Yolume of products delivered. So : and will strain every effort to|10ng as the war's demands continue cbfain it. This will mean exportation | there is not likely to be any important to us of products of foreign countries, | Testriction of the steel trade. - When or the arrangement of additional | hostilitles end readjustments are in- loans on this side of the water. | ©Vitable; but, as I already have noted, Meanwhile it is obviaus that with close | there is slight tendency at the moment 1o two billion dollars in short term |2MOng operators to lcok far into the cbligations already placed by foreign | future. countries in the United States during| It is fortunate that caution is being the war period, the Trepayment of | displayed in banking and other con- these obligations will operate against | servative circles. Otherwise, with any arbitrary demands for the|the ease that is so clearly evident precious metal from abroad. This | in the credit situation there would be miore especially is the case when it is | difficulty in preventing the danger of considered that in addition to grant- | a runaway market. —Thousghtful per- ing these large loans our own inves- | Sons know that with the intense ac- tors have taken back a very large pro- | tivity In trade and industry, with the portion of the American securities | high wages and the consequent enor- that for generations have been held in | mous spending power of labor, and __ | with the large profits of manufactur- = ers, all these are merely the results of temporary conditions that sooner or later must assume a more nearly normal position. The commodity markets as well as securlties are still moving upward. So long as the war lasts there seems slight probability of a lasting reaction, as the foreign demand, regardless of cost, is so in- sistent. Tt is difficult to see the end of this increasing difficulty situation that so freely affects conditions at home. labor in Europe. But the tariff in Lresent circumstances cannot well as- New Enterprises. New enterprise is active, the war’s demands still being a strong stimu- lant in this direction. During Octo- ber new companies to produce muni- tions, manufacture dyes and chem- icals, operate shipping companies and develop oil and gas resources were formed with an aggregate capital of $75,330,000, bringing the total of capitalization for these and similar companies to a total of close to $900,- There’s NO Question Apout the Purity of Our RICH PASTEURIZED MILK Our Thorough Pastcurization Pro- cess completely eliminates all chance of impurity without changing the flavor or taste. | = - — Buy milk about which there fsn’t the slightest question of impurity— | OURS. SEIBERT AND %()N. PARK STREET. 6 teams. Tel. contiec CARPET COMPANY 219 ASYLUM ST., HARTFORD. (CORNER HAYNES ST.) the SECOND LEVER. Vote the straight Newest Yard Goods for Home Cr.: A complete showing of the and distinctive patterns high grade Draperies—all are of the lightweight grade include— Democratic Ticket for PEACE and PROSPERITY. and Cretonnes, Prints, Nets and Scrims of merchandise This class d by the yard the may be purch: and consistent with high quality each represents the very lowest price is quoted. be | | nia Association 000,000 during the war perfod. Rail- road earnings still are highly satis- factory. Comparisons, however, now are being made with a period of ac- tivity. Hence the same spectacular increases (such as have been the rule when comparison was made with’ the lean year of 1914) are not to be ex- pected. The markets for securities may be expected to witness active fluctuations with a general trend governed by the tendency toward credit inflation. Large interests will pursue the usual course of periodically taking points. There will, too, remain the usual dan- ger of shocks that have been a con- stant feature during the war, HENRY CLEWS. LOGAL STOCK MARKET Little Activity Today, although Stan- . dard Screw Does Show a Burst of Speed—Local Quotations. Although Standard Screw showed a little spurt this morning and Ameri- can Hardwarte also showed a stronger tendency, most of the local stocks were quiet. Marlin Arms dropped off slightly. The quotations follow: American Brass 375-380 American Hardware 140-142 American Silver . 1-2—34 1.2 Billings & Spencer Pristol Brass Colt’s Fire Arms .. Ianders, F. & C. Marine Lamp farlin Arms . New Britain Machine Niles-Bement-Pond North & Judd Peck, Stowe & Wilcox . Russell Mfg. Scovill Mfg. Stanley Works Torrington Traut & Hine . Union Mfg. National Suret; . 338 DESTRUCTION OF COTTON, Boll Weevil Has Two M Its Credit. New York, Nov. ion Bales to 4.—Approximately two million bales of cotton, valued at about $200,000,000, has been de- stroyed by the boll weevil and about 79 per cent, of the cotton belt was infested by this insect this season, re- ports J. A. Taylor, president of the National Ginners’ Association, who has just returned from an extensive trip through the cotton belt. “There has never been a year in the cotton industry when the weevil had done so much damage,” said Mr. Taylor, “I estimate the damage at 34 per cent. greater than last year, all of it in new territory where the boll weevil has never been known. The weevil this year reached the At- lantic coast for the first time.” COTTON MILL INDUSTRY. Fourth Quarter of Year Prosperous as Preceding Ones. °all River, Mass, Nov. 4.—The fourth quarter of the fiscal year the cotton mill industry here was al- most as prosperous as the previous period, according to the dividend statement issued today. A total of $799,475 distributed among stock- holders fell only $1,050 short of the figures for the third quarter, The average rate of dividend was 2.683 per cent., Ii;,urud on an aggr gate Lxl]!lhlh/’ulnn of $30,035,000. Of the corporations reporting, only three failed to pay dividends. Nearly As of 37 GOLD TO ARGENTINA, About a Million and a New Half York on Byron. New York, Nov. 4.—The steamer Byron, leaving today for Buenos Aires, carries a shipment of $1,450,000 gold from local banking institutions. Of this sum $1,000,000 was sent by a trust company, presumably in connec- tion with British purchases of sup- plies in Argentina, The movement of gold to Argentina was indicated recently by the rise of Argentina exceeding to a point to where it was more profitable ta remit gold than to send funds by check or cable. Leaves PIG IRON ADVANCES. Pittsburgh, Nov. 4.—Pig iron prices continue to advance in the Pittsburgh district, $1 a ton having been added in the last day or two with premiums appearing yesterday and today for small lots for prompt shipment. One sale was reported at $25 a ton for foundry iron. Trade authorities say that since the fi of October pig iron has advanced an average of $5.50 a ton, or more than one-half as rnuuch as it advanced during all of 1915. GRAPE CROP LOST. Fresno, Calif., Nov. 4.—That be- tween 25 and 30 per cent. of the 1916 muscat grape crop, valued at between two and two and one-half million dol- lars is a total loss to the raisin indus as the result of early rains, announced here today by the Califor- Raisin Co. Wine manufacturers have purchased some ¢f the damaged grapes. INDEPENDENT OF U, S. London, Nov. 4, m.—By next March Great Britain will be inde- pendent of American steel, said Dr. Christopher Addison, parliamentary secretary of munitions in an inter- view discussing the work of the min- istry of munitions. The augmented munitions program for the coming said Dr. Addison, wculd require 000 additional men workers and 100,000 more women, HOUSE. 4.—The statement of the actual condition of clearing house banks anq trust companies for the week shows t they hold 4,- 107,040 reserve in ess of legal re- Guircments. This is an increase of $13,825,210 over last week. New SOME OVERCOAT! is the way one man expressed him- self this week after buying one of our H. O. P. COATS in front of a mirror. ‘Yes, sir;” he added, “it's a bear!” Come in and see for yourself. Financial SUPPLY EXCEEDS DEMAND ON STREET Short Covering Rectifies Earlier Conditions of Short Session Wall Street—During the part of today's brief sessi ply of stocks offered by trade settlement of outstanding ac secmed in excess of demand, greater with a consequcnt easing of quoted values. | Lressed Steel Car. This condition was later rectified to a degree by short covering, induced by favorable trade developments. Gains of 1 to 2 points in speculative issues were met by corresponding declines in more important quarters, United States Steel reflecting pressure with other leaders. The closing s ir- regular. Total sales were estimated 450,000 shares. Bonds were firm. Wall Street, 10:30 a. m.—Irregular changes at today’'s apening of the stock market indicated a closing of professional contracts customary at | the week end. Trading was relatively hight with advances extending from | tractions to over a point in the equip- | ments, marines, Central Leather and | Continental Can, while Sloss-Shefield gained over two points. Rails were a mnegligible factor. Utah Copper for- feited only a part of vesterday’s rise, with moderate recessions in Crucible Steel, Studebaker and Cuba Cane Sugar and more than a point in People’s Gas. United States Steel later developed a reactionary tendency which spread to the metals. New York Stock Exchange quota- tions furnished by Richter & Co. members of the New York Stock Ex- change. Represented by E. W. Eddy. Nov. 4, 1916 High Low Close L1031 181 701 291, 64 Beet Sugar Gold Am Alaska Am Ag ‘Am Car & Fdy Co Am Ice Am Can Am Loco Am Smelting Am Sugar .... Am Tel & Tel Anaconda Cop 7 AT S Fe Ry Co.106% Baldwin Loco 87% SOMETHING GOOD _AT— BARDECK’S HALL MONDAY NIGHT Hear MR. SOL SOUTHEIMER Gen. Organizer A, F. of L. DISCUSS LEGISLATIVE RECORDS OF MR. GEO. W. KLETT and MR. GEO. M. LANDERS |Rep I & S com... | Tenn Copper . 5 | Richter&Co. MEMBERS NEW YORK STOCK EXCHANGE Represented by E. W. EDDY 31 West Main Street, City Hall Building Telephone 1840 100 shs Bristol Brass 100 shs North & Judd 50 shs Russel M’f'g. Co. 100 shs Landers, Frary & Clark 88 84 68% 172% 9814 683 635 95 53 91% 45% 38% 53% 182 T1% 119% SOCIALIST FUNDS. ‘Washington, Nov. é~—A campail financial statement for the so party filed with the olerk of house today showed contributions $24,568 up to October 10, and exp ditures of $18,488. The repori sho ed that most of the expenditures h been in Oklahoma, Wisconsin, N York, Indiana and Nevada, where socialists have congressional wcand dates. All contributions were small sums. B &O.. H R T s Butte Superior Canadian Pacific Central Leather Ches & Ohio .. Chino Copper Chi Mil & St P.’l\]l Col F & 1 Crucible Steel Distillers Sec Erie . Erie 1st pfd General Electrlc Goodrich Rub Great Nor pfd Gt Nor Ore Cetfs. Illinois Central Inspiration Kennecott Copper. Lack Steel .... Lehigh Valley . Max Motor com 847% Mex Petroleum 1118 N Y C & Hudson.108% Nev Cons 25 NYNH&HRR 61% N Y Ont & West.. 315 Northern Pacific .1123% Norfolk & West...145 Pac Mail § § Co. 26 Penn R R . ... 68% Peoples Gas «111 T4% 293 .1097% 8% 1101 881 84 68%4 173% 991 684 63% 88% Soton LT 69 173% 993 68% 64% 95 53%% 929 46% 385 53% .1821% T1% .119% 4314 53% 92% 45% 3856 53% 182% 1% 11914 427% 43% 108 108 66% 67% 54 54% 89 89 83% 83% 84% 84% 110% 11185 108% 1083% 24% 25 60% 60% 313% 31Y 112 113% 143% 144 26 26 58% ik 74 28% 1093 1% 100% 28% 68 128% 22% 224y | 541 150%, 162% 112% 120% 12285 | 16 BOY FARMERS VISIT. Washington, Nov. 4.—Twenty-foi champion boy farmers of Californ calle¢. on Secretary of Agricult Houston today and went sightseeid about Washington. They are on tour conducted by the University California and will leave for Norfol tomorrow night. PRINTING In Many Different Langusges, BY SKILLED UNION MEN Moderate Prices. LINOTYPE OCOMPOSITION. Office Hours: 8 a. m. to €:13 . Mondays and Wednesdays to 8 p. m Tel Mgr's Res, 179-5. Foreman 339.1| THR EASTERN PRINTING CO 63 CHURCH STREET, TEL. 03 C. EBBESEN. MGR. 68 54% 89% 837% 58% 111 735 28% 109 7% 1007% 28% pfd. 67% .128% 127% .. 22% 22% 226 224% 543 543 -.150% 150% .162% 162% 112% 111% 120% 119% .122% 1223 46 46 663% 655 655 102 112 102 42% 423 423 2% | Ray Cons ... Reading Southern Pacific Southern Ry Southern Ry Studebaker STUDY YOUR CHART closely and map out a safe course before deciding on in- vestment in any speculative venture. Absolute Security with a fair interest yleld is better than risk with the promise of big divigends. Start an account with the Com- mercial Trust Company. Texas Ol Third Ave Union Pacific United Fruit Utah Copper U S Steel ..... U S Steel pfd.. Va Car Chem ‘Westinghouse Western Union Willys Overland SAUERKRAUT HIGHER. Pittsburgh, Nov. 4.—Cabbage prices are so high at present that many makers of sauerkraut in west- orn Pennsylvania declare their inten- tion of curtalling production until values come down. One Pittsburgh manufacturer announced he will raise the price of all kraut In stock $5 cask and make no more for the present. A T E N T S Write for llst of PATENT BUYERS and inventions. Wanted, $1,000,000 | in prizes offered for inventions. | Send sketch for free opinion as to Patent ability. Our 4 tooks sent free VICTOR J. EVANS & CO. ! WASHINGTON, D. C. NEW YORK _OFFICE, BROADWAY. Mondays until § P. DL 1 | | | Hours 9 to 5. BEACH & AUSTIN ROOM 410 TEL. 2120 NEW BRITAIN NATIONAL BANK BUILDING. REPRESENTED BY L. S, JONES. BILLINGS AND SPENCER NATIONAL SURETY RIGHTS BOUGHT AND SOLD Direct private wires to Hornblower & Weeks, New York, Boston, Chicago. Connecticut Trust and Safe Deposit Co. A SCRONG, RELIABLE CORPORATION organized and qualified through years of efficient, trustworthy service, to act as Conservator, Guardlan Executor or Administrator. CAPITAL $750,000. SURPLUS $750,000 Connecticut Trust and Safe Deposit Co. M. H. WHAPLES, Pres't. HARTFORD, CONN. l e A A i