New Britain Herald Newspaper, November 21, 1918, Page 9

NEW BRITAIN DAILY HERALD, THURSDAY, NOVEMBER 21, 1018, hell or other cancellations, since | \~=wma: ~w~r¢ | Kennecott Cop RLIN CALM AFTER 1 o { the reservoir of plates and shapes for Lack Steel ) } tee an lO' ’ shipyards is now about 1,5000,000 F l et s 1% | Do inst 1,000,000 tons a few IHHHCIa { Max Mot com .. 7 29 | months ago, one great yard alone| Yem o~ Mex Pet: X 2165 6 EEK I]l: TR“UB[ES | ron ar etSJ having 400,000 tons on hand. ,n\l Ii]x;;fl ; 5 6 | Statements g acc od | | ¢ e Hu L 80 B its concerning accumulated | '\ ¥ © & Hua .. £ ] export orders for stele have bcgo{n(‘.‘ Clonsjiie iy 3 83 MFEMBERS NEW YORK STOCK EXCHANGE e 5 \\\'H&HP b /] AIN, CONN, = more indefinite since the armistice i A The Iron Age says: than they were two wecks previous. 31 WEST MAIV STREET -............. NEW BRIT 0[ AllleI'lGfll] FOOd Rehei The decision of those in control of | There is not much of stop-gap promise \”” *\ R est 1085 10 ‘ 08 S e 3 : the steel {ndustry at Washngton to [P RIS tonnage. A small but note- Y S s o Bes Even Political Situation «weep awey the wnoie scnome ot | fom nelgham ana 3505 “tons ot ML .‘,\T.?“‘: ons 111 B Bk 2k AMERICAN HARDWARE priorities from those on mer- { Bessemere bars are <ed for for ading chant ship, railroad and navy material | the French government. Ship plates OIIS ShOW Sflme Sl‘ellgth Bu pm, T& Srdiones Ak P LANDERS, FRARY & CLARK in Saturday Nov. 16. (By the jare being sought for both China and o e . brings back at a stroke a substanti- At S 1 4 sl Sl n S e = e NORT week of revolution, yet the \ A llustrating the rapid transformation Shinnings S 0 Ry ; : 5 H JUDD , mulated policy as to the stopPIng of | i wire is the fact that & leading in. d | Studebaker ..... have the same s rance they | war g 3 act tha ading '~ 3% g elsame 1.‘\’ : € war work, cancellations have come!dependent compaay was engaged 100 PR A e Ly SR RO NS ol L o 0 ted on any Saturday during the | in pleaty. The industry is hopeful Per cent. on government work twol (o . o : X Pac i 3 3 A casual visitor would not be On several grounds, but it does not | Weeks ago and today is running 100 G ISR N ks TS E i 1 A 3 1 STANLEY WORKS that this has been the storm ' Know wWhether suflicient new or- | per cent. on commercial orders. uncertain tendencles governed t0day’s| Utah Cop ....... Z T T T i e O S S ) s Sl i B0 b 1 N BOUGHT AND SOLD e e it sy comes | (i, Va5 s v e than |1 8 837 naig 1882 t a s contracts : Pl G e aion DEIN (e s shippings, | U S Steel pfd drama Shell steel, wire, rails and car ma- | of structural steel on which bids will | 1 elon d minons stesls [iva s Chent Ebert-Haase cabinet apparently | (Crial represent the largest cancella- [ be received Nov. 21. Sales approximated 550,000 hares. | Westinghouse indisputed control tons. The Allied govornments have| pig iron products in various Qistricts | Lcrcased weakness of marine pre- | Western Union n = St noheay shell shipments coming E further selling of coppers | Willys Ov f 1 ; i jon still is somewhat chaotic. b . con o o o S ety oppers | Willys Overland . y 515 taken over such elements of the . (NTOUBN, but the British policy is \0|even where e j"‘“’]‘b“’f’:"‘:r‘:“lflmnf‘ i el nsstment e | GOODWIN B ACH & CO reaucratic regime as was indis- 5’0 CYETVIRIng (hat is not more tha. | suspended work on the castings for | o ToUT The closing was heavy i E . e inish pacying - a1llwhich the pig iron was bought. The WELFARE WORKERS Room 410 National Bank Bullding, Telephone #130. = . " such produect to be realized on at Vew 'k S 5 ic positions, without, however, o1 Profduct | argument of the foundric that | New York Stock Exchange cuota- E. F. MCENROE, Manager. inclination toward party SSMaP V¥ while the iron might be used on ordi- | 4ons furnished by Richter & Co., 3 he 40,000 cars and 50 - i 2 J - Y T i1y created subordinate The 40:000 cars and 1500 locomo- |l worie they cxpeot (o e able o | MeMbers of the New York Stock Ex- TO BE CUT DOWN nd committe dually are | buy it at lower than present oyl cnanze. P A LANDERS, FRARY & CLARK 2 et 5 the 1619 American campaign ing # Jov. 2 cing a semblance of method o, ! e e B eled. | Ment prices. The slogan throughout Nov. 21, 1918. ntinuity into their work = ‘| the pig iron trade aneolian High Low Close 2 There is held up also about 300,000 T 1 trace cancellation : % L OReH | 5 « . R o et el (B BERT e A st ST SR S B S e 60 1914 0 ' | Shipyards Will Soon Maintain Only oug t an 0 ¢ itself with the urgent prob- ' poe On Tl gl Sifotces S Ao Alaska Gold ..... 4% 4 1% B o antl derobilization tirhe - A notinoyAbeneeded. : _The effects of the stoppage of gov-| Am Agri Chem ..100 100 100 Those Who Are Most Essential ea oBtization BT Ihe steel manufacturers’ confer | ernment work are not promounced Ry e ; of both s sueh that the radi- | cpee ot Washington with the War In- | yet, but some men are appearing every | i ros SR o 2 —Change To Be Gradual o wicely refraining from N~ qustrics hoard last week developed a|day at steel works gates seeking em- | A1 o111 1 7 G Y mutual sentimer : of coa-|ployment rere is some noticeable o : ST e e e 1% | ptadsn, o, sithe wer : ; oA gthein mel "i"\“"‘“‘lh’;‘f [V aging was the stand taken by the, men, both as to amount of output and i \.mpf"i k 2 ]:]’ 5 farefdovartmenthwillibhofthotrirst ot onnecticut rust an are eposfl: 0. P Convent the matignal as Railrand administration against buy-| compliance with discipline. e 111% 111% I those in the shipyards of the emer- A STRONG, RELIABLE CORPORATION I ¥ iag further equipment until iron and As to prices, buying is with such Am Tel & Tel 3 ? | sency fleet corporation to feel the propose to offer affront to the gree] pr el e y : . y 3 steel prices come down care, and so far for immediate needs, Anaconda Cop .. 683 6714 | pruning knife as a result of the res- organized and qualified through years of efficient, classes or place the transitional | Not only manufaetarers 1o anufacturers of steel| that little change has dev r (Carsnas 1 A a > change has developed ex- S Fo Ry Co i : 2 3 A s e R e e e TR G e ERE O TR o e g 943 | toration of peaco. | g trustworthy service, to act as Conservator, Guardian, og the week mo serlous friction sumers as well take the position that | 1553 5 ton has hoen seon on heavy B & O oo This is the announcement made to- ecutor or Administrator. d, althouzh the Left wing has f?i\o; thation should be allowed fo de- | melting steel, and the softening in old . B R 1 24 % | day by Howard Coonley, vice president | lred for an early convening of | Snip ateel Is mot likely to fill in on| TEterials is likely to go farther. Beth Steel B ..... 65% . 643 |of the corporation. -This does not | f§ Capital $750,000. Surplus and Profits $1,000,000 tional assembly. It desires to | [ the interim in fortifving pro- = | s of American food relief tem- eclipses curlosity over the Automobile manufacturers seem to Butte Superior .. 2 mean, Mr. Coonley said, that welfare e making all Haste (0 resume normal Can Pac oo L84 303% 1635 | (00 it bo aispersed wim i me | § Connecticut Trust and Safe Deposit Co. i/ rule, Ebert and Scheidemann, | of the best known theorists into the | activities, and are urging prompt Ches & Ohio e g : other hand, are contented to Soldiers’ and Workmen's government. | Shipments of sheets Cmo Cop ek i Bl il sgzes || Earosil doge pucan it S, HABIEOLD S ONA N L L EE ik eir cause in the elections. Responsibility for the disorders in The semi-steel shell program, which = (21 Mil & St pan) 451 ] mings' such as baseball, boxing and ' coming week will bring the the first days of the revolution rest|looked to the turning out of no less COns Gas ........101% 10 g othersthiotic Speri Rl be ellminat: class parties into Delated ac-'on the Spartacus group, in which | than 80,000,000 shells by foundries, Crucible Steel ... 57 i | —— The merger of the national Liebknacht and Rosa ILuxembourg | has been abandoned and many thou- Dl & FTud ......11¢% 4 Cherenmiliine Ho chabreln the perd| s | and the progressives virtually carry little of the influence they held | sands of tons of pig iron allocated for Distillers Sec .... 48 4 [sonnel of the . construction forces. | Will probably also ve eliminated, ac- f Egan; treasurer, Rudolph Anderson; ; ! rio . . e lGm g 9% | On the contrary, more and more men | €Ording to Mr. Coonley | secretary. Eunice Humphrey. The | [ | n effected. Leading men and at first. Soldiers and sailors are | this purpose disappeared from the pme [-:@o: On thelcontary, gnote and miore o SR e all over the country issued a ready to suppress any plot against the | PoOKs. Sehpsess 7 o e i y S PRESIDEN | Sorathy b an s try + ready ¥ i e | el e B work. Sudden changes i T DAWSON Ji. S. PRESIDENT. is one of the most popular young me “ T Teady 3 S ] R B 2 S anges are not to be popular young men l‘;::l“ff’,.'w‘h,m,.:\‘.“ s (')lf]);(:]]:;\ Eg:n(’s';‘{’;:“;“:ran“;f":::r(‘;li‘:'I”]‘;fmlifl“”iil:l ic I}a.kituglr: ore shipping season Goodrich Rub ... 56 expected. The process of readjust. | Fdward Dawson, son of Mrs. Abbic | at the school. A talk on the depart- 5 t ap s - sc tics and | will be practically over by the end of Great Nor pfd .. .100° 96 ment tc ce time c Will be | Dawson of Prospect street, has been | ment of physical educati Al bt Karl Kautsky and Edward for convening the national assembly, | the week. The total will probably fall Gy Nor s Rtk HSlias b U | R s s e s e e P iysicall’ Dirastor \‘\‘:31‘ P Bp me mnt o iR el BLR Hmi | deeend Wy din ORI U : 4 49% | Schools for riveters, established as | at the High school. Other officers | Moorhead at the special assembly to- : & will receive its baptism. moved by water in 191 R ; % | a means of speeding up production. | elected are: Vice president, Helen | morrow morning ing enlarged, and new ones are being planned.” Many of the great munitions manufacturers are making arrange- ments to enter the shiphuilding field as soon as the war ends. The big banks are interested as never before in promoting these ventures Among the schemes to encon shipbuilding is the establishmeni of a ship-mortgage bank for the bench of those who lack sufficient fore the war this class was dependent upon the Dutch ship-mortgage banks, but the Dutch banks made advances only when the prospective shipowner agreed to have the vessel built in Hol- land. Germany proposes not only to build her own ships, but also to have whatever profit there may be in ship- mortgage banking. During the war Germany has Im- posed the most drastic. regulations upop the shipping interests. Boti ex- ports and imports have been subjected to the closest scrutiny, and one very keen observer in Sweden belleves that this supervision has been lotensitied not only for the purpose of grinding every possible penny out of adjacent neutral countries, but also to prepare “a highly organized weapon of eco- DNE OF : 3 & S , : - 5 5 s G 5 nomic warfare, used in all nearby neu- HE BASINS 5 ~ > . S e S o A G ; S tral theaters of war witl a particular bF - HAMBURG : ; : . . \ S ARBOR, : R R : s - T . 31 - HIPS ARE BEING Buxu AT LUEBECK , THE GERMAN PORT ERMANYS CHIEF . R - . e n 2 ONTUE BALTIC JUST AS THEY WERE [N TIMES OF PEACE PORT : e ' - e X ; T e : To make the continuance of such an - - g ; Bt o : . % |organization more justifinnle the Gov- weather eye to the expected econowic war after the war.” ernment authorities are now carefully By FRANCIS H. SISSON, unrestricted submarine warfare in : . . = : . : 5 e . ; cultivating the Idea that the proper February, 1917 : o 5 % R X $ b distribution of available cargo space I8 o i : 3 G e 4 S5 A ot ' - . 1 |2 most tmportant element 1o the eco e Bk e $ T Lfi 3 Rl Ca 1 | nomics of transition. While this dis- he restoration of the merchant ma-| the Reichstag a discussion of how to tribution is being planned by the Ger- | rebuild Germany’s merchant fleet, man Shipping Association, a specially e 1s a problem to the solution of |/ ich the ablest German economists| Which resulted after several months organized central office for CArgo i commercial leaders, in co-opera. | D the passage of a subsidy.law. Just < space, and by the Clearing House for o with Government officials, have |2 month before the wholesale destruc- ¢ iy - . S : X '» £ e . e Mercantile Tonnage, the ob}f;‘( of en a great deal of attention since | 0D ot the ships of other countries 3 & £ S e 5 2 b % s G T r ] which ig to take such action 'nv the \;‘\- became apparent that the war was | De&an and the discussion of how to 2 R % - i . rious German ports as will insure t : : . 5 . s . . . best possible use of the merchant ton- : nage calling there, there is no doubt e-President Guaranty Trust Com- pany, New York. build a new merchant marine was isive victory upon which the mili-| Started Herr Ballin, Director General 3y i . o Q. & HELIGOLAND, THE GUARDIAN that the operations of both these or- y authoritles had planned. As the[Of the Hamburg-American Line, de- ARtrEN o | . s ‘ - . SN LIS el o o s el le continued and the chances in-| €lared that there would be too much| EREME) e O . . . . absolutely controlled by the Imperial ased that Germau ships lying in|tonnage in the world after the war THE NORTH SE’A i ; 3 < n came enemles when the war began.| Government. eign harbors would eventually be- A & ¢ Another 1,000,000 tons were locked up First of all the proposed new fleet e enemy craft it became more and | Unable to exploit the situation because these losses later be covergd by Insur- In neutral ports. The Germans there-| will e used to bring food and raw fore estimate their losses anywhere| materials into Germany the moment kbe something more than the short, and that German shipping would be re necessary from the German point | Of the regulation of German trade. ance or compensation from the gov-| @ g i AR - : oY : view to devise some scheme through| Germany’s purpose to cripple the|ernment responsible for the loss or . o e trom one-half to two-thirds. ‘The ex-| war ends. Then }[ wili become the ich a proper equilibrium would be| Wor shipping while increasing her| the ship returned to the owner the| Ll e < - - tent of thelr shipbuilding sluce the|means. of taking German, products to = 5 5 war began is uncertain, but the best|other countries. Nowhere do the ship- stored by the time the war ended. own has failed. It brought the L‘mted! State shall be reimbursed for subsidy : i o & estimates, based on ships building|ping plans of Germany. disclose any Jrwo methods were determined upon. | lnto the war and, while stimu-| previously paid. - - when the war began, are between|intention except benefit to Germany— ambitious plan of|lating shipbuilding efforts in all en- No ship thus subsidized shall be - o 900,000 and 1,000,000 tons. Germany first and Germany alone. S The expense involved in rebuilding|The idea of heiping to assuage some of ships and shipyards: the second | Hany's enemies to renewed vigor in|residing or having places of business L&%on(:‘«(WHICH > - the mercantile marine will be enor-|part of the suffering she has inflicted to the same| HAS BEEN GREATLY IMPROVED SINCE WAR BEGAN mous, and to overcome this difficulty|on the world apparently never has en- many of the larger concerns have in-| tered the mind of a single responsible | subsidy unless by special permission|amount of cargo room. Shipowners|replacement vessels to be constructed | creased their capital greatly. From|person in the Empire. The nature of | after the subsidy has been refunded. |shall be allowed to divide the total|or boaght in the future. August, 1916, to November last eleven| service as used by the statesmen who of the larger companies had increased | speak for America and the Entente je first was an hte subsidies to encourage the build-| émy and neutral countries, urged Ger-| transmitted to foreigners or Germans $ the determination to destroy ev-|eliminating the submarine menace.|abroad nor chartered vessel possible, whetlier enemy or The plan to revive the German mer-| within ten vears after granting of the I vess 2 3 | fstral, unless there is good reason to| chant marine was discussed for the lieve arrangements were concluded|greater part of a year and finally took ok . The subsidies payable under this|amount of tonnage of all thelr lost| On January 1, 1914, the German | the owners of neutral ships to place| shape In a law enacted last November.| | "1 e used for the obtaining of | ships among the new ships, according | mercantile marine consisted of 4,935 their aggregate capital from 41,900.000| Allies s apparently unknown there. ¥"‘ at the disposal of the German| This law empowers the Imperial| g 0" hich shall serve for the car-|to their own wishes. If new ships|seagoing ships of all classes, with a|marks to 69,200,000 marks. Many new| /s In her scheming to get raw mate- | Chancellor to pay subsidies to owners| iaea of cargo. The subsidies may|have since July 81, 1914, been bought | gross tonnage of 5238937. About|companies have been established; oth-| rials so In her shipbuilding plans, Ger- is facing the future with un- of Bvernment after the war. Under the ise of a military measure—the star-| of ships and property destroyed, lost|only be used for the constriation of|or built to replace ships affected un-|2000,000 tons of this shipping were in|ers have heen_combined into corpora-| many if su steamers | der the terms of this law they shall|the ports or wateis of enemy coun-|tions of sufficient size to cope with shaken faith in the philosophy a considerablel be subject to the same conditions as|tries or of coumrles which later be-!the new problem: Shipyards are be-| greed. = = Aol s S IS S B e e S tlon of England and Frunce—the| or damaged by the enemy or to cover| passenger steamers Rrinans announced their policy oere ioss due to internment. Should|be provided with