New Britain Herald Newspaper, December 1, 1917, Page 9

¥ : ., discussion of the second chapter in ‘will preach the final sermon in Economy is not always in buying the cheapest. For many men our $35 Suits and ~©Overcoats are the most economical in the end. These garments are made of the best quality of all wool cloth which gives long wear. They hold their shape because of the extra good tailor- ing—they continue to “look good” till uotually worn out. Underwear in Union and two-piece Suits of fine quality 65¢ to $3$3.50. Sweater Caps and Gloves. NAW BRITAIN, COMe, Trinity Mcthodist Church. At the 10:45 a. m. service Mr. Cook the serfes on Prayer. At the 7:30 p. m. service the speaker is Merrit A, Sar- ren, superintendent of the Sailors’ Friend society of Boston. His subject is “A Sallor in War Time.” Church Sunday school at 9:45 with illustrated address and adult department at 12:15 p. m. Young People’'s meeting at 6 P. m. All are welcome to all serv- ices. ~ ¢ Stinlgy Memorial Church. At the morning service the pastor will speak on ‘““The Confidence In- spired of Faith.” The Sunday school will meet at 12 o'clock. The topic of the young people’s service at 7 p. m. will be “The Development of Con- gregationalism In a New Land,” a Pilgrim Deeds and Duties. Miss Amy Chapman. The Roy Scouts will meet on Mon- day at 7:15 p. m. The Ladies' Ald society will | hold their Christmas sale on Tuesday after- noon at 2:30, and the trustees will meet at the parsonage at 8 p. m. The Endeavor Circle will meet with Mrs. R. Damon, Chestnut street, on Thursday evening and the choir will rehearse on Friday evening at the church. Leader, First Church of Christ. (Center Congregational.) Morning worship at 10;45 with ser- mon by the pastor. Church scHool at 9:45 and 12:10. Young People’s meeting at 6:00. The members of the First church extend a hearty wel- come to all. ' First Baptist Church. Morning worship at 10:45 o'clock. Sermon by the minister, Dr. Earle B. Cross, subject, “Display Advertis- ing.” The Bible school meets at 12:16 p. m. with classes for all ages. Brotherhood clasy in gallery of church. Y. P. S.'C. E. meeting at 6 p. m., subject, “Self Control”. Con- secration meeting, leader, Elliott M. Preble. Members of the C. E. society who wish to attend the first session of the Workers’ Institute in Hartford are urged te bring their lunch and eat in the chapel at the close of Sunday school in ordér to take the 2:20 train for Hartford. At the evening congre- gation at 7:30 o'clock, there will be an illustrated lecture on “The Battle- fields of Palestine.” An invitation is ‘ extended to all to attend these ser- vices. South Church. Rev. Dr. George W. C. Hill will preach at the Sunday morning service at the South Congregational church tomorrow morning at 10:45 o'clock on “Root and Evil” A special mu- sical program consisting of old time anthems and hymns will be rendered at the vesper service at 4:30 o’clock. All servicesttomorrow will be in ob- servance of the seventy-fifth anniver- sary of the founding of the church. St. Mark’s Church. Sunday, Dec. 2, 1917, first Sunday in Advent, 7:30 a. m.. holy com- munion, 9:30 a. m. Church school, 10:45 a. m. Holy communion and address by Walter S. Schutz. Hymns, 40, 44, 227, 220, 316. Anthem, “0 Taste and See,” Stainer. 4:30 p. m, evening prayer and address by the Rev. Samuel Sutcliffe. Hymns, 40, 48, 316. Anthem, “The Day Thou Gavest,” Woodwaxd. First Church of Christ, Scientist. Chapel, corner of West Main street and Park Place. Sunday morning service at 10:45; subject, Ancient and Modern Necromancy, Alias Mesmer- ism and Hypnotism, Denounced. Sun- day school at 9:45, Wednesday even- ing meeting at 8 o’clock. The read- ing room at the same address is open 'daily from 2 until 5 o'clock, except Sundays. Peopie’'s Church. . Court street—Sunday, 10 o’clock, prayer. 10:45, preaching by Rev. L. S. Johnson, and communion service. Topic, “The Cry of the-Hungry.” 12:16 Bible school. 3:30 p. m.. service at the Town Farm. 5:46 Young People's meeting. 7 o'clock evening mervice, continued Intercessory prayer, as per request of the president and gover- nors of several states. Tuesday, 4 o’clock, meeting of the children and Juniors. Thursday, 7:45, prayer meet- ing. * Emmanuel Gospel Church. Booth's hall, 269 Main street, Mil- ton 8. Anderson, pastor.—The pastot will conduct the services at 10:45 a. m. and 7 p. m. The morning subject will be, “Living in the Spirit.”” The even- ing subject, “The Translation of the ‘Waiting Church to the Throne of Christ in Heaven and the Resurrec- tion of the Bodies of the Holy Dead According to Revelation, the Fourth Chapter.” Prayer and pralse, 10 a. m. Bible school, 12:15 p. m. Young peo- ple, p. m Tuesday, 4 p. m., chil- drM meeting. 7:30 p. m., Bible study. Thursday, 7:30 p. m. prayer meeting. A cordial welcome awaits the stranger. The International Bible Students Association’s lecture at the O. U. A. M hall, 277 Main street, Sunday, Dec. 3 at 3 p. m, will be given by W.\J Lindsay of Brooklyn, N. Y. His sub- ject will be “Christ’s Coming King- dom.” All welcome, no collection. A. M. E. Zion Church. The Christian Endeavor exercises of the A. M. E. Zion church will be led Sunday evening at 6:30 o'clock by G. G. Staton, of New York, who is a brother of the pastor, Rev. G. H. Sta- ton. The pastor will preach on the stbject, “For What to Give Thanks,” at the morning service at 10:30 o’clock, and the Bible school will meet at 12:30 o’clock. Miss Annie Nesbitt will conduct *Buds of Prom- ise” at the afternoon service at 5 o'clock. Communion will be held at 7:30 o'clock. The W. C. T. U. of New Britain has presented a handsome pulpit Bible to the church. The pas- tor wishes to thank this excellent or- ganization for the fine work it is doing. EVENTS TONIGHT Fox's high plays. theater, class photo Lyceuwm drama. theater, superior photo Keeney's theater, vaudeville and moving pictures. Vega society meets in Vega hall. Chamberlain Counetl, M., meets in Jr. O. U. ELKS MEMORIAL SERVICE Arranged Jr, O. U. A. A. M. hall Excellent Program for ‘Exercises to Be Held Tomorrow Evening—Cambridge Man Eulogist. The annual memorial exercises of New Britain lodge; 957, B. P. O. E,, will be held tomorrow evening in the hall of the Elks home on Washingtoa street. The memorial committee has arranged a program that will be very impressive. It is as follows: Processlonal march, Willlam H. Bishop, organist. Opening ceremonies, Exalted Rulet and Secretary. Praver, Chaplain George E. Bunny, . E. R. "Opening ode. Organ selection, “A Prayer.” Officers of New Britain lodge, B. P. 0. E., No. 957. Solo, “Recessional,” Fred M. Hewitt. “Thanatopsis,”” John J. Daly. Selection. ‘‘Revere,” W. H. Bishop. Address, Charles J. McCue, P. E. R., Cambridge lodge, No. 839. Solo, “Just For Today, Hewitt. Closing ccremonies, Fred M. officers New Britain lodge. Closing ode. Postlude, Organist-W. B. Bishop. CITY ITEMS Liberty Bonds good as cash to us for Victrolas, Planos. C. L. Pierce & Co.—advt. It wast announced today that the food sale to be held by Martha chap- ter, 21, O. E. §, for the benefit of the Red Cross on 'December 5 has been postponed until December 12. A son has been born to Mr. and Mrs. Edward Hinchliffe of 309 Maple street. Mr. and Mrs. S. W. Hiltbrahd will observe the 16th anniversary of thelr wedding Sunday at their home, 690 E. Main street. Members of the Peerless Social club will meet at 7 o'clock this eve- ning at the corner of Franklin Square and Main street in readiness for the trip to Collinsville. Miss Hazel Johnson of North street has entered the employ of the Riker- Hegeman Drug company. An anniversary high mass will be celebrated in St. Joseph’s church Mon- day morning at 9 o'clock in memory of the late John McBriarty. Miss Ruth Wariner of Pleasant street is spending the week-end in New York city. During the week of Dec. 3-8 there will be on exhibition in the children’s room at,the New Britain Institute a collection of hooks suitable for Christ- mas gifts for children. The exhibit will be of special interest to parents and teachers. TO WED SAILOR BOY. Mrs. Mary Bailey of 452 Stanley street announces the engagement of her daughter Miss Mabel, to Edward F. Surprenant, son of Mr. and Mrs. Surprenant, of Whiting street. Mr. Surprenant is stationed on U. S. 8. Mercury, Brooklyn, N. Y. Henry Clews’ Weekly Letter (Special to the Herald), New York, Dec. 1.—No decisive changes have taken place in the war out'ook. On the Western front the Allie1 army 1s progressing like a huge glacler, slowly but irresistibly grind- iag itself forward. Russia is deep in anarchy, out of which Germany gains some advantage, including release of a portion of her armies for uso else- where. Italy is making a magnificent resistance, holdigf out far better than expected, and is now beginning to re- celve the aid of Franco-British forces. The Turks are being gradually van- quished by the British, and the war as a whole is going steadily adverse to Germany. Unfortunately, there are no genuine signs of early peace. And | there is no use in deceiving ourselves by hopes to the contrary. Germany, though weakened, is not exhausted. Her commanders Wjll probably resist the effort to drive them out of Belgium and France tothe very last degree, for without the iron and coal mines of these countrles she could not long maintain the war. When these are captured her ability to fight will be very materially curtailed and the end of the war may come more quickly. The great conference of the Alltes has | commenced and as a result the war | wiit doubtless be pushed with renewed | vigor. Lord Lansdowne's peace talk was particularly inopportune at this time because it will encourage the enemy and embarrass the Allics. Meanwhile President Wilson's opentng address to Congress and his mnster- ances on the war will be looked for- Steel and Pig Iron Markets The Iron Age says: The week has seen an Increasin, demand for steel products both rrom the government and from manufactur- ing conpsumers. Many of the latter are buying for requirements not di- rectly growing out of the war. Steel absorbed by the government and by war contracts is a growing factor and is made to seem still larger as output is cut down by coal and coke shortage. Blast furnace and steel works oper- atlons are no better. At Youngstown steel is being produced at 50 to 75 per Cent. Qf capacity. Pittsburgh is suf- fering in less degree, but 15 to 20 blast furnaces there have been banked for a part of the week. ‘With the approach of January 1, the date named in cannection With pres- ent prices, some agitation of a lower basis for iron and steel products has started at Washington; but the trade itself calls for stability and it is point- ed out that as only a beginning has been made in working under the new schedules they should not now be dis- turbed. The larger producers have been practically a unit in carrying out the spirit of their agreement with the gov- ernment. Here and there higher prices have been charged and those who have thus profited have simply helped to head the industry into gov- ernment control. In the Chicago district one pro- ducer is turning 75 per cent. of its ingot output into war steel. In Penn- svlvania a large company with plants at three points is supplying from 60 to 70 per cent. of its output to the ward to by the whole world. The Tailroad situation promises to | be taken up for serfous consideration ! immediately on the opening of con- gress. Our railroads are going ! through a rapid process of centrali- sation, the object in view being the ; operation of the roads on the unit basis. The railroad war board at ‘Washington is strongly in favor of the pooling system, which will facilitate | handling the trafic snd hasten both efficiency and economy. The de- | mands of the rogds for new equip- ' ment, facilities, etc., are still unpro- vided for. These imperative needs sre now recognized by the administra- tion, and some action may soon be | expected. The Interstate Commerce Commission will probably grant the | desired 15 per cent. t0 at least some of thelines, but this will not suffice to give the roads a living wage under present conditions, nor will it remedy the fundamental weakness in our rail- road situation, which is lack of unity. Various projects for financial relief are under discussion, such as a direct | loan by the government or the guar- ! antee of interest or dividends by the government. These proposals are | considered practical, while public | ownership is neither feasible nor de- sirable. Public opinion is not ripe for such action. Talk of reducing divi- dends for the purpose of meeting | necessary outlays is absurd. The total | dividends paid by American railroads are considerably less than $350,000 000 annually on a capital stock of ap- proximately $9,000,000,000, or about 4 per cent. To reduce dividends | would inevitably impair the credit of | even the strongest roads and make it still more impossible for them to raise money by either stocks or bonds. | Supposing the roads were to reduce | dividends, say, one-quarter, what ! would be the résult? Simply a crush- ing blow to their credit and a saving of less than $100,000,000. This would be a trifling matter compared with the billion or more needed; while | any possible reduction in dividends | could have no effect whatever upon | wages. The only thoroughgoing so- | lution of the railroad problem is to | amend the law so as to permit pooling | which will permit operation of the roads as a single system under gov- ernment regulation, and at the same time abolish the confusion and waste arising from operating under the laws of forty-eight different states. For | the purpose of immediate relief rail- road bonds guaranteed as to principal | and interest by the government would | be the surest and least objectionable plan. Financial conditions ara less: con- sused than for some time past. On Monday Congress opens, and the out- | look is for a quieter season than the previous one, for the reason that nearly all emergency legislation has been completed and wili require Il serious attention hereafter. The most | urgent problem of any is that of the! railroads, which, as said above, prom- | ises to be promptly taken up. \hmy\ war difficulties have already Dbeen solved. Many questions as to revenue ara taxation are settled. Regulation | of industry and commerce is almost ~ozapleted, and the country is now | on a thoroughgoing war basis, from the business standpoint as well as that | of the military. Business men con- sequently know better what to expect. Profiteering is classed as ‘unpatriotic 2nd inimical to the country's safaty nnd success. Fixed prices and trade rorumlom, are being patriotically nc- cepted in nearly all parts of the coun- | try as absolutely necessary to win the wat. Trade ‘tan consequently go on with less derangement. Some indus- tries, especlally those confined to the annecessaries, will suffer from war ccoromy, but the great steel industry and its subsidiaries will continue in- tensely active as long as war cun- tinues; so will many branches of the textile industries and the leather 1n- dustry. Price fixing by the Govern- rent, it should be noted, is made om the basis of fair profits in order not | o discourage output. Thus far Mr. JIoover has not succeeded much ia lowering prices, because he zannot control the chief cost of production, which is high wages. He has, how- cver, lessened profiteering among d tributers; while the buvers' panics, which would have developed in the iren trade but for preventive action, now beyond the range df proba- The course of the security market lhas been jrregular and without any ! quired. government and government con- | tractors. While priority decisions are limiting the amount of steel going to some con- sumers, there is as vet no shutting down of plants, even in non-essential lines, though such steps may not be far off. New finquiry for billets and shee{ bars is larger than in months and ' some producers are finding difficulty.in covering for their first quarter's sup- ply. Steel mills are scouring the mar- ket for ingots or billets to make up their own shortages. A large ton- nage of slabs for the Sparrows Point plate mill is sought in the KEastern market. In northern Ohio a quota- { tion has appeared on 'slabs consider- ably above the Government's price. ‘While in the end the Government is expected to take nearly the full out- put of sheared plates, the supply for the general market is still consider- able. The premium over the Govern- ment price is shrinking and in the | Middle West mills are less able to get 5c. For the 86 vessels the American Shipbuilding Co. is to build for the Emergency Fleet Corporation 50,000 tons of plates and shapes will be re- At Chicago 9.800 tons has just-been placed for the Submarine Boat Corporation and 5,100 tons for a local shipyard. Italy has been a buyer of plates to the extent of 22,. 000 tons. 2 h The identical Pittsburgh-Chicago basing called for by the Government price schedules is causing some fric- tion: for example, B been called on to send plates to Chi- cago and to accept 3.25¢, Chicago. Eastern bar iron producers seek to ‘establish 3.50c, Pittsburgh, as market price and have not vet made this quotation at mill. Some smaller iron rolling mills are asking 4c and over. In the Eastern jobbing trade the outcome of the collision between | higher jobbers' extras on bars, as long maintained, and the mill extras an- nounced by the Steel Committee is be- | ing watched with some interest. That the Russian debacle will re- lease locomotive capacity for domes- tic orders is of no little significance to railroads and shippers. Domestic car orders also may be more of a factor. The Union Pacific has just placed | 3500 all steel cars with four builders. Foundries having Government con- tracts may find it necessary to appeal to the Government to get them enough coke to keep running. The probabil- ity is also that some steel producers will call on the Government to fur- nish coke to operate their blast fur- naces, if they are to carry out their ship and shell steel contracts. Fear of even a greater shortage in pig iron has caused an active market for delivery in the first half of 1918. Some makers are withdrawing from the market for the first half, having sold all that they can deliver if fuel conditions get no better. In Illinois 20,000 tons of basic iron has been bought, three-fourths to come from Chicago and the remainder from Southern furnaces. The $4 more that must be paid for Southern iron is causing a greater pressure on North- ern furnaces to take care of Central Western foundrieés. The whole pig iron siuation is growing more acute, and Government intervention to se- cure prompt iron for castings needed for war machinery is very common. Lake Superior iron ore prices for settled tendency In either direction. Liquidation resulting from the last bond issue has about ended. Interest rates continue firm, and this some- what affects the outlook for the bond market: not a few authorities believ. ing that the next Government issue may have to pay better rates of in-! terest ‘than the last. Foreign bond ‘ssues have been fairly active, and showed a steadier tendency as a re- sult of the Allied successes. Some idea of the severity of liquidation in this market is obtained from the fadt that the twenty leading Industrials nave averaged a fall of about 25 points since our entry into the war, and the railroads a drop of 28 points. This is a combined shrinkage of sonte- what over 23 per cent. in eight stern mills have | ¥ American Brass Financial IRREGULAR STOCKS IN MARKET TODAY Equipments Lower by Two to Three Points With Rallies in Steel Wall Street—Stocks were irregular to heavy at the opening of today’s short session, some leaders reacting a point and a few specialties as much as 2 to 3 points. Ralls also lost ground. Equipments lowered by 2 to 3 points and shippings averaged recessions of a point. Rallies in steels, marine pre- ferred, coalers and motors in the final hour effaced nearly all losses. The closing was steady. Sales approximat- ed 150,000 shares. Liberty Bonds held firm. Trading in stocks at the outset of the session was extremely dull on nominal price changes. Leaders moved within the narrowest limits, Union Pacific being the only notable excep- tion at a loss of almost one poipt. U. S. Steel yielded half a point and kin- dred shareg about as much. The few slight gains included General Electric, Studebaker, Pennsylvania, Atchison and New Haven. Irregularity became more marked later on the heaviness ot shippings. Liberty Bonds were dull and variable. New York Stock Exchange quota- tions furnished by Richter & Co., members of the New York Stock Ex- change. Dec. 1, 1917 High Low Close 35% 34% 35% 97 96% 47 53 53 53 76 4% T3% .107% 106 107% 57% 56% 57% 831 32% 33 55% 55% 55% 47 46 46% 44 44 T9% T8% as 11y 65% 65% 47% 46% 41% 415 263 841 543 92 Am Am Am Can ..... Can pfd Loco ... im Smelting Am Té] & Tel Anaconda Cop . {ATS Fe Ry Co.. Baldwin Loco B&O ... . BRT . Beth Steel B . Canadian Pacific Central Leather .. Ches & Ohio . Chino Copper Chi Mil & St Pa\xl Cons Gas .... Ctucible Steel Del & Hudson Distillers Sec 3435 Erie . 147% General Electric .130% Great Nor pfd 903 ‘Gt Nor Ore Cetfs. 27 Tllinois Central 95 Kans: City so 16% Kennebott Cop 323% [ TLack Steel 807% | Lehigh Val Max Mot com { Mex Petrol Y ¢ & Hud YN}I&HRR Nor Pac . - the | penn R R , Peoples Gas Pressed Steel Car . Ray Cons Reading i Rep I & S com . Rep I & S ptd So Pac 4 So Ry ... | Studebaker { Texas Ofl .. Union Pac .. United Fruit Utah Cop 0o U S Rub Co .. U S Steel . 92% U S Steel ptd ...1081% Westinghouse .... 381% Willys Overland 19% Locu—fiocxs (Furnished by Richter & Company.) 223 227 120 124 23 28 85 90 38 43 60 62 70 75 45 48 60 65 59 62 28 32 250 300 225 240 390 405 83 87 45 56 100 119 122 430 bid 76% . 52 American Hardware American Silver Billings & Spencer Bristol Brass Colts Arnmis Eagle Lock .. Landers, Frpr: New Britain Machine North & Judd Peck, Stow & VVH(‘OX Russell Mfg. Co. . Standard Screw Common. Stanley Rule & Level . Stanley Works ...... Traut & Hine Union Mfg. Co. ...... .. Niles, Bement, Pond Com. Scovill Mfg. Co. 1918 are being discussed. In the first Government price fixing in Septem- ber, ore was not changed, being real- ly low if $38 was fair for pig iron. Indications now are that the 1917 ore basis will carry over into 1918, unless there should be a slight advance to cover possible increases in labor and transportation. Some reservations of special grades of ore have been made already for the coming season. , In the effort to insure full supply, water shipments will be kept up into Decem- ber, until the freeze-up comes. Richter&Co.| MEMBERS NEW YORK 81 WEST MAIN STREET ..........c0000e EXCHANGE. STOCK NEW BRITAIN, m‘i« L. 2048, - 100 Shs. UNION MFG. CO. 100 Shs. NEW BRI- TAIN GAS 100 Shs. AMERICAN HARDWARE 100 Shs. BILLINGS & SPENCER i 25 Shs. EAGLE LOCK 12 Shs. N. B. TRUS co. 100 Shs. N. B. MA- CHINE CO. 12 Shs. NEW DEPAR- : TURE Pfd. CAMPAIGN FOR $12,000 FOR THE Y. W. C. A. New Britain Organization td Make Appeal to Pasriots Week of Dec. 3 tg 6. “I'm sorry but I can’t help in ‘this campaign,” said one girl to a volun- | teer worker. “You see,” she added, “I've helped in the Red Cross, and I've helped in the Liberty Loan, and I| think I've done enough.” “Isn’t it wonderful,” roplied the vol- unteer with a far-away look, “‘that over in France, when the soldiers came to the Alene, they didn't say they ‘had done enough,’ but went on to the Marne! _ That is what New Britain is go'ng to do next week when the Y. W. C, A. launches its campaign for $12,000 for war work and for local work. The Y. W. C. A. backed by the government is doing a wonderful work in the training camps by establishing Hostess Houses where men may meet and en- tertain their mothers, sisters, wives and sweethearts—and where they are also kept in touch with the home at- mosphere—and surrounded by whole- some friends. The war work consists also in work In small towns and cities near tho and In ' sending American trained secretaries to Europe upon requests from Russia,’ France and Great Britain. And last, but not least, a big part of war work is in maintaining a nor-} mal life in home communities in pro- | viding a normal life of work and recreation for those who are burdened | with the routine of the evarydayi work. Mies Margaret LeSeur of Utlca, Naw | York will come from Boston to speak at the Y. W. C. A. tomorrow after- noon at 4:30 o'clock. The meeting will take the form of a patriotic meeting, and Miss LeSeur will give a wonderful picture of the war work being done by this organization. Cap- tains of teams, team workers and all friends, both men and women will want to hear Miss LeSeur, and be | informed about one of the finest pieces | of work done in our country. Amer- I fca must avoid the tragic plight of the | European countries. ' All Patriotic League members are | asked to be present. X I { 1 POLICE CHANGES. Chief of Police William J. Rawlings has detailed Patrolman Herbert C. Lyon to be desk man at headquar- ters from 8 a. m. to 6 p. m., succeed- ing Policeman Anthony C. Malone who has been promoted to detective sergeant. Patrolman Lyon will also act as patrol driver whenever Driver Matthias Rival is unable to do so. Officer Lyon who is a well known and popular member of the department is one of the ‘oldest in the point of service now doing street duty. Officer Willlam P. Hayes, motor- cycle policeman since May 1, returns to his regular beat tonight. He was detailed to succeed Policeman Fred Wagner last spring as motoreycle po- liceman. The motorcycle is not to be used any more until spring. Officer 'Patrick Howley and James McCabe have returned to night duty and Officers William Murphy and James McCabe have Jjoined the 4 a. m. to noon squad. OCHAUFFEUR AVIATOR, Burgess P. Starr of 350 Chestnut street, for several vears employed as chauffeur by Mrs. E. J. Porter, left today for Fort Slocum; where he has enlisted in the United States Aviation Corps. Mr. Starr will receive his preliminary training and expects to CARL YOUNGBLAD—Graduate Mas. Scientific massage treatments. | Violet Ray, combined with massage | seur. Thermolite bath. Phone 675-5. | Rooms 74 W. Main St. Open after- | months,, or probably $1,500,000,000. On the other hand British securities nave only declined 25 per cent. dur- ing the three and one-half years sitice the war began. That American se- curities should decline more in eight months than the British in three and one-half years at least suggests the question: Have we not fully, if not over, discounted the effects of war, as thus far experienced? HENRY CLEWS. CAPITOL $750,000. Connecticut Trust and Safe Deposit Co. A STRONG, RELIABLE CORPORATION organized and qualified through years of efficient, trustworthy service, to act as Conservator, Executor or Administrator. | ‘i | i | e § Juardian, SURPLUS §750,000 Connecticut Trust and Safe Deposit Co. M. H. WHAPLES, Pres't. ——— HARTFORD, UCONN. be transferred to one of the princ| camps in Texas soon. in UR Savings tepariment! onor Before Dec. Jrd: Will Draw! Interest af 4 TRUST co. J,,pm:‘ilumm,