New Britain Herald Newspaper, February 10, 1917, Page 11

NEW BRITAIN DAILY HERALD, SATURDAY, FEBRUARY 10, 1917. + A SHOT FROM OLD’ WINTER. He’s busted the price on a bunch of .perfectly gopd suits— This means a chance for you to save R few perfectly good dollars, “ It gives us the chance to “cléan up” | _our stock' before the Spring Goods ‘come to the front— » Some particularly smart Suits for .. Young Men— ~ % Some conventional models for the « comservative. J *Some rare pickings for the carly pickers. Raincoat Sale $4.00 to $15.00. Pajama and Night Robe Sale. EEasii THE rAannNC SfARRELL I CLOTHING CO. NEW BRITAIN, CONN. PEACE MOVE HITS - JAPAN'S BUSINESS, Boom, Caused by European War, Suddenly Depressed Tokio, Feb, 8.—The peace move of the Central Powers was followed in Japan by a sudden and general busi- ress depression, which showed to what extent the industrial boom in this country is the result of the war. Enterprises devoted to furnishing sup- plies to the Entente Allies and ship- ping shares were so affected that the whole market dropped and the direct- ors closed the exchange for several } days. Buyers on a margin were forced to abandon the market alto- gether and there was considerable unloading regardless of values. It is felt that many stocks under the war influence had reached a stage of in= ‘flation and.investors believe that af- *ter the atrosphere is cleared prices will return to a normal stage. Addressing the metropolitan bank- ers, Premier Count Terauchi, refer- ring -to the German peace proposal, .and to the temporary panic caused in economic circles, expressed: the opin- fon that present time is by no means opportune for the Entente Powers to conclude peace and that they would not lay aside arms and stop hostili- ties until they have attained their ob- ject. He continued: “The situation “Has favored the commerce and indus- try of the empire. This will last til the termination of the war, but in or- der to secure a permanent guarantee of commercial and industrial prosper- ity, efforts must be made to consider measures for post-bellum arrange- ments. Efforts must be made to en- hance the credit of domestic manufac- tures and to develop a permanent jmarket in foreign lands.” The Japanese press was practically | «~ unanimous in the opinion that the | peace proposition of the Central pow- ers was not sincere afd expressed the belief that it had been forced on Ger- many by internal conditions. Speak- ng of Japanese terms at a pos- | “sible peace conference, the news- papers declared that Japan would never agree to the return of Yiao- L —— - BABY COLIC A THING OF ~ THE PAST "American Mothers Have Be- ( come Wise - Mothers can end baby colic and up- ‘set stomachs by a few doses of Mrs. Winslow’s Soothing Syrup. It is a | positive help to indigestion, prevents gas and settles the little one’s stom- | ach as nothing else can do. You can | easily see the baby's condition speed- | ily improve for where before was pain and distress, soon all is smiles. good nature and restfulness. Mrs. Winslow’s Soothing Syrup is made for children only, not a grain of “dope or a drop of alcohol, the form- ula right on the bottle. It cannot do a particle of harm and it always does a lot of good; even the leading physi- cians prescribe it with success where | ‘all other remedies have failed. It sure is a panacea for the babies, Mrs. Winslow’s Soothing Syrup is used and recommended by thousands of mothers, who have given it the hardest tests and are all loud in praise of the one preparation’ they can bank on for sure results, Get a bottle today mother; join the | ranks and reduce the “Colic Percent- * age,” give baby a chance and the whole family will have peace once ' again. Sold under guarantee by good druggists everywhere. For sale in New Britain Seltzer's Prescription Pharmacy. N DRAWING A CHECK Always avoid writing it in pen- cil—use ink. error has been made, a new check should be written and the old one destroyed. The signature should always be written the same as that on record at the bank. Checking accounts are’ invited. If an - TRUST CO. \f i“[wammmcm ] Chow to Germany &nd to the restora- tions of a German naval base qon the coast of China. 3 DEFENDED SISTER; BROUGHT. TO COURT Birmingham Resents Objectionable Remark and Gives McDermott Beating, Later Paying Fine. Because he defended his sister’s reputation and resented her being called a bad name in the presence of a crowd standing before the bar in a saloon near Winter and Main streets last night, according to his testimony, Thomas Birmingham, employed on a West Hartford farm, was fined $7 and costs by Judge James T. Meskill in police court this morning for vicious assault upon John McDermott. Po- liceman Michael Massey testifled that he saw the accused follow McDermott out of 4he saloon, hit him in the face with force sufficient to knock him down and then hit him, at least once, when he was down. Seeing him ap- proaching, Policeman Massey testi- fied, Birmingham ran into an alley- way and only submitted to arrest when cornered. Birmingham said that ‘McDermott was once a friend of his sister’s but has not been lately. He explained that there was no trouble until the com- plainant, in the presence of a crowd before the bar, made an offensive re- mark relative to her and then called her a bad name. Because no evidence of assault was introdueced by witnesses and the com- plainant admitted that he was not scriously injured as well as being hazy as to the identity of the one who treated him roughly; Carlo Lumbarch, alias Lombardo, of 471 Myrtle street was discharged at a continued hearing. He was alleged to have assaulted Frank Juadagina of 416 Main street and the hearing was several times con- tinued. He was represented Ry At- torney A. A. Greenberg. Arthur LaValle of 74 Grove street, Hattford, charged with intoxication was allowed to go after being repri- manded and warned to err no more. Yesterday, when arraigned, he admit- ted he had no jdea of his whereabouts and thought himself to be at his Hartford home. Today, he said he had no remembrance of having been in court yesterday. HAWAIIAN FINERY HAS JUST ARRIVED SPORTY EFFECT. All sorts of pongees and shantungs are popular for sport togs. This young lady makes her hit, however, with a Chinese silk sailor banded with a strip of Hawaiian embroidery. ' Henry Clew’s Weekly Letter (Special to the Herald.) New York, Feb. 10.—A new and, it is feared, final crisis has developed in our relations with Germany; and unless her present submarine policy is moderated, a single overt act may precipitate war. Usually the sever- dnce of diplomatic relations is fol- lowed by hostilities, but Germany has shown some hesitation in adding 1 to her numerous enemies and should this spirit hold, it is yet possible that such a calamity may be avoided. This country plainly does not want war. That conspicuous fact has been amp- ly proved by the forbearance of our government to a degree that often provoked adverse criticism of other nations. Let us hoos that it may not be our lot to add fuel to the con- flagration now devastating Europe, and that instead we may be left free to lead in hastenfng the return of peace. . Common prudence, however, dic- tates ample preparedness on our part. In case of hostilities, our fleet would be immediately available, and could co-operate with the Allies. Our aid in this respect would be prompt and valuable. On land, it might be some months before we could render vital assistance. There is practically no chance. of invasion in the United States, though a considerable guard- ing force would be required at home. To send over even a half million of well seasoned and properly trained men would require a considerablo period, while the forwarding of a mil- lon or more would be a still greater task owing to the difficulties of trans- portation and equipment. The most efficient first aid we could offer the Alliés would be co-operation of the American fleet, a prompt and ample supply of munitions for France, Italy and Russia, and more liberal financ- ing of these nations in order to as- sist Great Britain. which has taken on the brunt of financing the Allies. We could also do much in building rew merchant steamers with all pos- sible energy in order to replace those Jdestroyed by submarines. Such ef- forts woud be quite as advantageous to the United States as to the Allies. These vessels could be constructed for strictly American owners, ‘and if properly managed would constitute a very profitable investment for the na- tion as well as the owners. Such an enterprise would be simply taking ad- vantage of a grand opportunity for the immediate establishment on a firm basis of the Umteq States as a maritime power. For several years {o come ocean tonnage will be scarce and freight rates high. No such at- tractive opportunity ever occurred in our history, and American enterprise chould be quick to take proper ad- vantage. The continued weakness- of the stock market is significant. This week is hag been largely due to the beginning of hostilities, partly as a result of timidity and sometimes in or- der to anticipate necessary war financing. In this case there has been extensive foreign selling, both British and German. The British selling was due to the paying of demand loans from proceeds of the recent $250,- 000,000 loan. This transaction -re- leased considerable collateral which has been steadily offered for sale. The most important source of weak- ness, however, was probably from German sources. The result of Ger- man selling was distinctly noticeable in foreign exchange. Marks ad- vanced sharply to over 70, owing to the demand for remittances, it being understood. that fully 75,000,000 marks was purchased this week. Pre- vious to this foreign selling, the mar- ket weakened on expectation of a cessation of war orders, which are be- coming less frequent and less profit- able than in the early stages of the W To some extent the stoppage of fofeign munition orders will be offset by domestic orders from the Amer- ican government for preparednegs. Some of these contracts are alrea@y being placed, and in event of our en- tering the war such orders will of ne~ cessity accumulate more rapidly. To cap the climax in the security mar- kets there is a strong bear party which, encouraged by a successful campaign of several weeks, is disposed to push its advantages to the utmost.? When peace negotiations began the market was heavily overbought. It is now in equal danger of bhecoming oversold, in which case a sharp rally would follow any favorable news, or when the unfavorable has been amply discounted. Aside from the war, home condi- tions are generally favorable. Trade is in sound condition, but much hes- itancy prevails owing to the great un- certainties of our international rela- tions. Tlie steel industry is fully oc- cupied and seems assured of abundant orders, peace or war, vet hesitation is marked in many directions. Not a few concerns have offered their es- tablishments to the government In case of war, and the mobilization of industry to a war basis would be ef- fected with much less derangement than two or three years ago. Our textile industries are equally per- plexed as to the future. Jl.arge orders for woolen ,goods are expected for the army, but manufacturers are at a loss as to the securing of wool sup- plies which are-scant and dear. In event of \\'3% the government will probably commandeer all Americta grown wool Transportation is another serious problem,—the derangement of export trade, freight embargoes and scarcity of cars adding to the troubles of ship- pers and manufacturers. Whether the government would undertake con- trol of the railroads in case of war, | s a matter of conjecture. As ‘vet there is no apparent need of such a step. It may be taken for granted, however, that in order to facilitate mobilization, our government will take on many of the activities in produc- tion and distribution which were forced upon European governments as war measures. What Washington will do with the several important 1 measures on rallroads, revenue, etc., now before it, but overshadowed by the greater international problem, re- maing to be seen. This session ex- pires March 4th, and it is hoped the country will be spared an extra ses- sion. Manufacturers and distributor alike, are perplexed by many grave problems. From the economic point of view, the high cost and scarcity of raw materials is becoming an in- creasingly serious matter. The same is true as to labor. Meanwhile, profits in many cases are already seri- ously threatened by inability to check growing expenses and an increasing unwillingness of consumers to pay current high prices, which are already beginning to visibly check consump- tion. The money market is well supplied with loanable funds and rates are easy. A government loan to the ex- tent of $500,000,000 or more is talked about in case of war, but these figures, which are not official, create no un- easiness among bankers, who are con- fident that any necessary loan would be easily and promptly taken. -Our banks are in an exceedingly strong position, as evidenced by the low rates of discounts prevailing in all parts of the country. The Federal Reserve system is working admirably and has strengthened immensely. our banking resources. Recent liquidation has added to the supply of loanable funds, excepting, of course, the shipments of gold to South America and else- where. Even if we escape war and issue no domestic loan whatever, Europe must continue a heavy bor- rower in this market for a long time to come, simply because this is the most available refrvoir in the world. Such demands will make themselves felt more conspicuously when peace arrives, as unquestionably the indus- trial facilities of this country will be freely called upon to aid in Europe’s reconstruction. As an illustration of how rapidly New York is growing as a financial center, bank clearings re- cently touched the high record of $1,- 218,000,000, This total was swelled by operations connected with the $250,000,000 British loan; but on three other occasions bank clearings at New York passedjthe billion-dollar mark. HENRY CLEWS. POLICEMEN ROUND UP BOYS IN POOLROOM North Street Blliard Hall Proprietor Held in $300 Bond for Hearing Bebruary 1. Charged with violation of the statutes relative to allowing minors about a pool room, Rorato Carmello, proprietor of a barber shop and pool- room at 227 North street, was ar- raigned before Judge Jams Te. Meskill hearing February 17 with bonds fixed in police court today and held for a at $300. Vigilance on the part of Sergeant William C. Hart and Police- man Michael Meehan Thursday night resulted in Carmello’s arrest and the summoning of numerous vAltnesses into . court. Passing the accused’s place of business, their attention was attracted by considerable noise and they entered. The place was found crowded and among the many about eight or ten were found who gave their ages as below the legal limit, it is alleged. Attorney George LeWitt appeared for the defense and asked for a con- tinuance. He sald that he was unable to conduct the defense today because of ignorance of important facts. He objected to a continuance until Mon- day on account of its being a holiday. Judge Meskill informed him that the police court works on holidays the same as on any other days. Then At- torney LeWitt explained that he had planned to go away and would have to withdraw from the case, if the continuance was set fo# that date. A little later Carmello accompanied his attorney from the room only to be closely followed by Court Officer Frank M. English, who was notifled by Prosecuting Attorney George W. Klett that the required bonds had not been given. JESTER T0 USE VETO Acting Mayor Will Attempt to Thwart What He Believes Councilman Cur- tis’ Intention to Kill Amendments. Alderman M. Irving Jester, acting mayor, announced this morning that he ‘intends to ~veto the resolution passed by the common council last evening at the instigation of Council- man O. F. Curtis, which would pro- vide for a referendum clause on the proposed charter amendments when they are sent to the legislature. “I intend to veto it, absolutely,” de- clared the acting mayor, ‘on the grounds that it would probably kill all of the proposed charter amend- ments wanted by the city of New Britain If these charter amendments should go to Hartford with a refer- endum clause attached the commit- tee on cities and boroughs would like- ly send the entire batch of amend- ments back to this city. This would mean that the chance to give the city court the right to naturalize aliens would be lost. It would also prob- ably mean that the school board would be deprived of the legislative right to take $15,000 from its build- ing fund to pay for the repairs re- cent]ly made at the prevocational grammar school.” “It appears to me,” Alderman Jes- ter said, “that Councilman Curtis’ wish and intention is to kill all the charter amendments. KENILWORTH ANNUAL BALL. The annual ball to be given by the Kenilworth club will be held in Booth’s hall on the evening of Friday, Webruary 23. This .will be the big formal event of the year under the social committee’s program and Chairman H. C. Jackson and his as- sistants are making elaborate prep- arations. The Tuxedo Guitar and Mandolin club of Hartford will fur- nish the musie; i Little 'Ihterest Reflected in Apathy HARTFORD. Arrival of SPRING DRESSES in the Latest Colors and Styles Financial PRICES STRONGER IN- LIGHT MARKET of Traders ‘Wall Street—Dealings in stocks to> day were altogether superficial. Price changes were decidedly uneven though mostly higher. United States Steel was in moderate demand with shippings, oils, and supplies shares. Underlying strength was shown by a few of the leading rails. General weakness marked the util- ities. Bethlehem Steel rose 4 points, Air Brake 6 points and Saxon Motors 12. The closing was irregular. Sales Wwere estimated at 175,000 shares. Bonds were variable, some foreign {s- sues being slightly firmer, but Anglo- French 5's reepated their minimum quotation. New York Stock Exchange quota- tions furnished by Richter & Co., members of the New York Stock Ex- change. Represented by E. W. Eddy. Feb. 10, 1917 Low Close 97 9TY% 7% 75 617% 6214 42% 42% 701 T0% 96 97 1237% 1237% T4l 4% 1013 1013% 527% war Am Beet Sugar Alaska Gold Am Car & Fdy Co. Am Can G Am Loco Am Smelting Am Tel & Tel.... Anaconda Cop A TS Fe Ry Co.. Baldwin Loco B & O e BRT . .. Beth Steel b Butte Superior . Canadian Pacific Central Leather Ches & Ohio Chino Copper . ... Chi Mil & St Paul. Cons Gas Crucible Steel Erie S aanET General Eleetric . Goodrich Rub 1llinoig Central Tnspiration Interborough Kansas City so Kennecott Cop Lack Steel . ... Max Mot com Mex Petrol ....... N Y Air Brake ... N Y C & Hud Nev. Cons ... 28 NYNHG&HRR40% N ¥ Ont & West.. 23 Northern Pac L1083y Norf & West .128 Penn R R ... 543 Peoples Gas .... 9% Pressed Steet Ca Ray Cons .. oo Reading ....... Rep I & S conm So Pac ....:- So Ry ... So Ry pfd Studebaker . Texas Oil United Fruit Utah Cop U S Steel U S Steel pfd Westinghouso Willys Overland LOCAL STOCKS (Furnished by Richter & Co.) The market has been quiet today with a firmer tendency in Niles-Be- ment-Pond common and American Brass. Nfes had a further advance from 165 to 170, and American Brass from 311 to 315. There was good buying of Scovill between 590 and 600, and Marlin Arms was in demand in the neighborhood of 95. Below are the closing quotations: 104% 117 501 317% Bid 313 100 134 30 107 69 780 88 Asked 216 110 136 32 110 a1 795 92 60 85 Brass Hosiery American American American Hardware American Silver Billings & Spencer Bristol Brass ... Colts Arms Eagle Lock ceiees Landers, Frary & Clark New Britain Machine. New Brit Machine Rts North & Judd Peck, Stow & Wilcox Russell Mfg. Co. .... Standard Screw com Stanley Rule and Level. tanley Works Traut & Hine Union Mtg. Co. Scovill Mfg. Co. .... 5 Niles-Bement-Pond com 168 Marlin Arms ... 94 ——————— The GITY SAVINGS BANK MIDDLETOWN, CONN. is paying four per centum interest o1 all deposits. Will open accounts by | mail in amounts from $5 to $3,000. Deposits solicited, Richter&Co. MEMBERS NEW YORK STOCK EXCHANGE 31 West Main Street, City Hall Bailding ' Telephone 2040 50 shs Brist:)l Brass 50 shs American Silver 20 shs Colt’s Arms 20 shs Scovill Mfg Co. 50 shs Billings & Spencer 10 shs Travelers Ins. Co. 10 shs Aetna Life Ins. Co. 20 shs Nationa! Surety Co. 20 shs American Brass 50 shs American Hdw. 50 shs Stanley Works 50 shs Landers, Frary & Clark 50 shs N. B. Machine 50 shs Union Mfg. Co. 20 shs Fafnir Bearing Co. 20 shs Stanley Rule & Level New Britain Machine’ Rights. \ O’Keefe will not be his associate the not uniess there is a re-assignm Supernumerary Policeman Friend has been assigned to duty the theater for tonight and tomo night. ‘While Chief Rawlings adni that the assignment is only temp| ary and experimental, it is belie that it will be continued, if all well. Supernumerary “ Policemn Friend has been prominent at the cent meetings of the supernume: officers when re-adjustment of certj regulations were discussed. Patrick S. McMahon may be invi] to attend a future meeting of safety board and explain in pe: what he meant relative to the\req for changes in police assignments | his theater. It has reached the @ | of some of the commissioners that| clalms to have heen misunde and that he did not ask to have | pernumerary Policeman O'Keefe ! tailed there. The commissioners derstood from his telephone munication that he asked for Sup numerary O'Keefe. As theere app to be a misunderstanding somewh the suggestion has been made McMahon present future request writing or personally. BAR BABY CARRIAGES FROM THEATER HALLS Police to End Practice for Protection of Patrons Against Fire Panics. “No parking of baby carriages, go- carts and the like in the lobby; this order to become effective immediate- Iy The above notice is likely to be noted within the near future in the | lobbies of New Britain’s moving pic- | ture theaters. It has already be- come operative and will be enforced to the letter, if the theater officials wish to continue in the good graces of the police and escape the meshes of the law. Detective Sergeant Samuel Bam- forth, delegated Dy Chief of Police W. J. Rawlings to investigate conditions in local moving picture theaters, sug- gest reforms and make frequent re- ports, is responsible for the new order. It is not issued because the parking of baby carriages injures the appearance of the theater nor with any intent of preventing the ejoyment | of the “movies” by mothers. It is simply a “safety first” precaution. In his visits at the theaters he has noted the lobbies and entrnces often blocked with baby carriages, go- ' Capitol, Hartford, to establish elk cars, etc., and has realized what they yists of inspectors of contract Wi would mean in case of fire-panic OF for state service. Candidates other cause for getting the theater pave knowledge of and experien ¢mptied quickly. Especlally to chil- jnspection work, involving use of o dren, he says, would they be a ser- terials, measuration of containers, jous obstacle and little would be need- gooas and solids, and general requl ed to get them in a position where onts of road bullding. Several they would seriously block exits. The [oiniments are likely to be made innovation is said to be but one Of ,ine pear tuture in different sectiong several contemplated. ] the state for new road confracts. H | tering salary is $3 and upwards FRIEND SELECTED AS MOUNT’S ASSISTANT | day, with opportunities for adva CONTRACT WORK INSPECTOR The state civil servico commi will hold tests Monday, February 11917, at 1:30 o'clock at Room ment. Iy [ One lot of $3.00 gun metal and p ent leather shoes at $2.48. Sloan —advt. The postponed meeting of Sunshine Society will be held Mond afternoon at the Y. W. C. A. Frederick Krieger will tell of her Cily ltems Keefe Will Not Go to XKeerey's Theater—McMahon to Be Invited Before Board. The recent edict of Chief of Police William J. Rawlings whereby two suj pernumerary officers will be assigned to duty at Keeney's theater, goes into effect tonight. Supernumerary Po- | periences as a missionary in Afr}§ liceman Harry Mount remains at the |Tea will be served at the close theater, at least temporarily, and Su- | the meeting. The public is cordi pernumerary \Policeman Dennis jpvited to attend. WE OFFER 20 American Hardware 25 Stanlev Works 25 North & Judd 25 Union Mfg. Co. FRISBIE & CO. Investment Securities 36 PEARL STREET Concecticut Trust and Safe Deposit €3, A STRONG, RELIABLE CORPORATR.Q:G organized and qualified through: years of efficient, trustworthy service, to act as' Conservator, Guardian Executor or Administrator. CAPITAL $750,000. SURPLUS $750,000 Connecticut Trust and Safe Deposit Co. M. I, WHAPLES, Prest. HARIFORKD, CONN, e