New Britain Herald Newspaper, July 12, 1919, Page 15

oes Your Roof Leak ? Are You Interested in | Roll or Asphalt Shingles? If so see us at once and get samples and prices. Buy Standard Brands ¢ and you will not be disappointed with the wear and service. Rubberoid and S P C Products are recognized as standard by builders, carpenters and building inspectors. S P C Slate Weatherproof Attractive Surfaced Shingles Fire-resisting Ideal for Residence and all steeped roof buildings A elt base shingle surface with fragments of crished slate in beautiful and permanent tints of red and green. These fragments are securely embedded in the coating and will not wah out or blow off. P C Slate Surfaced Shingles will nt warp, curl, rot, crack or split. and fire. They resist all kinds of weather Prices per Roll 108 Square feet 1 ply Starex S P C per roll p[v Zylex S P C e Tl oesooon ply Zylex S P C per roll ply Zylex S P C per roll ceee... S1.50 $1.75 Imp" 8 P'C Il o, 1 ply per 2 ply per Imp roll ....... $3. 3ply Imp SPC perroll oo 1 ply Ruberoid S P C per roll 2 ply Ruberoid S P C per roll 3 ply Ruberoid S P Cperroll ... $3.25 $4.50 Slate Surfaced Shingles $7.50 per square. Rackliffe Bros. Co. Inc. 250-256 Park St. New Britain For Better Lighting Service, Use WESTINGHOUSE MADZA LAMPS WE HAVE ALL SIZES 10 Watt Mazda B 15 [13 25 [13 [43 {3 {4 40 50 [13 113 60 “ [ 100 “ “ . 75 Watt Mazda 100 “ 150 “ 200 [{4 35¢ - 35¢ £ 35¢ i _ 35¢ " 35¢ “ 40c L 85¢ C. 70c $1.10 L $1.65 = $2.20 ILLUMINATING FIXTURES WIRING SUPPLIES MOTORS The Spring & Buckley Elec. Co. 75--79 CHURCH ST.. TEL. 900 AN BUSINESS REVIEW < | §Henry Clews’ é | Weekly Letter| e~ ~—— (Special to Herald). New York, July 12.—President Wil- and promptly energetically the son taking up reins of government. e will doubtless secure a reasonably ratification of the peace treaty yermany, and it is to be hoped cceed in establishing the Nations after some slight The president will find an accumulation of pressing problems awaiting his consideration, and the latter half of the year promises to be a period crowded with important legislation. Congress should realize that no time should bz wasted in petty political disputes. The whole country is serious-minded, and will tolerate no unnec delays at Washington. The nation really wants Congress to get down to real busi- ness, to hasten resumption, to restoro normal conditions and to revive busi- early with will s League of modifications ness freedom 3 s possible. 1 sident Wilson is correct in 7ssert- ing that Germany should be allowed to resume trade with the res. of the world as soon as practicable, this for our own sake as others. Crop agricultural what mixed and factory. What abundance of scarce by war. important crop abundant. The this cereal was 11 millions thanks to exceptionally conditions, the yield per acre is un- usually high, or 16.2 bushel On the other hand, the corn crop is only ordinary in yield; cotton will be even shorter in supply than last year, and oats show a deficiency. High prices assure the farmers of exceptional prosperity; but dear food is not like- ly to please those already burdened by the high cost of living, the only cure for which is an increased pro- duction of food, clothing and shelter. The July crop report fave the condi- tion of what at 86.6, compared with a ten-year average of 1.6, and the indicated yield is 1,161,000,000 bushels, or 1 ,000,000 in excess of the record crop of 191 Condition of corn was reported at $6.7, azainst a ten-year average of 84.0. The anticipated much as for Outlook. situation is not entirely the world needs is the necessities made Wheat is our only that will be really acreage devoted to 71% million acres, of the record; hile, good weather Our some- satis- above vield of corn despite a reduced age was 3,815,000,000 bush has been surpassed several years, but ! may be classed as a fair yield. The indicated yield of oats was 1,403,000,- 000, a smaller yield than -usual. | The Course of Values., Legitimate ctrade and , légitimate speculation alike must be conserved by a closer restriction of credit to sound concerns and sound -ehter- prises. All gréut wars have - been succeeded hy (1) intense industrial activity, (2) great prosperity, (3) ex- cessive speculation. We are alres in stages one and two. The third still in the future. Monetary The condition of the money market attracts more or less attention, es- pecially the scarcity and consequent ! extreme fluctuations in call’ money. The latte of course, due to the | enormous 'pressure of governmeint borrowing, the banks naturally p ferring to make such demands their first comsideration. The positive at- titude cf the Reserve Board in dis couraging undue speculation is the next factor of importance, and lastly | the unusually heavy demand for fi- nancing legitimate foreign and domes tic requirements, both of which are becoming increasingly insistent. It quite evident that in spite of the pres ent great expansion of credit, further expansion and not contraction will be the rule in the near future. Very soon crop demands will assert them- selves, followed by an active autumn trade. The problem of financing big | exports is still unsolved. Other na- tions are coming here for fund Canada having placed a loan this week for $75,000,000 that was quickly snapped up. Not only Kurope is | knocking at our bank doors, but South America and the Orient also. As for ourselves, we still investing im- mense sums in oil, shipping, chemical and foreign enterprises. The resump- tion of building is slow because of | high costs and the difficulties of mak- ing large loans. Any change for the better in these directions would cause a sharp revival in construction work The steel industry shows symptoms of revival. re- which | Conditions. are Market Tendenc The stock market appears to be drifting into a new stage. The buy- ing power is excellent and there is no abatement in underlying confidence in the future; but there is a decided change of titude toward stocks which seem to have been over-en- thusiastic in discounting the future. in such quarters there has been more | or less liquidation and consequent un- settlement of values. This process promises to continue, and will be @c- centuated by indisposition of the banks to encourage under speculation. | Sharp declines occurred in some of the specialties, and profit taking was quite conspicuous at times. Such operations leave the market in a | | sounder condition, and serve to divert | attention to securities hitherto | neglected. Stecl, oil, shipping and | other industrial ‘shares were particu- | | 1arty active. 1In steel there was con- | | siderable lidllidation, in spite of large | amounts of unfilled orders, of which had been vance. Railroad securities did not receive their full share of attention, the effect discounted in ad- | probably because of poor earning: | and the fact that many of the roads are dependent upon government rantee for their dividends | | gna | HENRY CLEWS | Connecticut, ! Stanley | nue. | | on Overland MANY PROPERTY TRANSFERS HERE 48 Deeds Recorded During Week Just Closed During the week just ending six properties changed forty- hands fol- lows: John J. O'Leary James J. Sulivan and buildings on J. J. Erwin Oszaja, land street. Linus L. Deming to J. J. Trachten- roth, land and buildings on Judd ave- nue, Eronislawa Ludwik Ryd on Clark street Stephen Grendzincki to vini, land and street. Samuel Silverman to Weyh, land and wood street. Lucy A. Deehan to Michael P. and wife, land and buildings on court. Herman Belkin to others, land and buildings on Main street Charles M. Strong to Lester E. Good- rich and others, land and buildings on Stanley street. William- H. Cadwell to I'rederick W. Keese and wife, land on Vance street Emma R. Becher and others to Irederick (. Hausman and wife, land and buildings on Maple street. Philip Corbin 1o Maxwell S. Porter, land and buildings on Lincoln strect. Mathias Zabroski to Nellie Ryszke- wicz, land and buildings on I’utnam street. Shuttle Meadow colm Farmer, land Lincoln street. Edith M. Hewitt to Gerhard O ler and others, land Camp street. Alfons Bores to Barney Gubernick, land and buildings on Stanley strect. John J. Gerdis to Santo Carrao, land and buildings on Wells strect. New Britain Iteal e company and others to Albert Iless, land on Beacon street. and others, to and others, land Wilson street and others to Louis and buildings on Putnamn migrocki and others to land and buildings Santo Ca- buildings. on Jubilee George W, buildings on Green- Dacy Taft Israel Levin and West Club, Tne., to Mal- and buildings on Kah- and buildings on Financial B S ( 'WALL STREET STOCK EXCHANGE REPORTY 1 Street—The week-end of the stock market was dominated by tobacco, rubber and other special sh at substantial gains, metals making only moderate advances, how- ever, despite the higher prices quoted for copper xtreme advances of to 15 points were recorded by toba cos, motor subsidiaries rose 2 to § points, oils 1 to 5, and the shippings 1 to 2 1-2. Canadian Pa- cific was stronge of the investment rails and Denver and Rio Grande led the low grade issues on a heavy turn- over at a 4 point n. U. S. Steel lagged at the outs but was in de- mand later, rising 1 1-2 points, motors and cquipments also hardening. The closing was strong. Sales approxi- mated $00,000 sh session same of res. New York Stock Exo tions furnished by members of the Exchange: hange quota- Richter & Co. New York stock 12, 1919 Low Close Am Beet Sugar .., 95 94 94 15 Am Agri Chem ...110 110 110 Am Car & Fdy Co 1101 1104 110% Am i3 59 ¥ 6014 Am : Am Smelt Am Sugar .. Am Tobacco Am T & Anaconda Cop AT S e Ry Co Baldwin Loco B & O BRT Reth Steel B Butte Superior Can Pac Leather & Ohio Chino Cop 648 Chi Mil & St Paul. Col F & 1 Crucible Distiller HliTe lirie 18t prd { Gen Elec .. Goodrich Rub July 101 %% .113 168 % L1083 1077% 65% 65% 491, 49 441 43% 54% 54 teel 11634 Oscar A. Anderson to. C. Carlson and othe land and ings on Ash street. Albert A. Rogala to Maryanna Bo; dancki, land and buildings on I3 bury road Santo Carnio to John J. Gerdis, and buildings on Winter street, William H. Cadwell to Sam Gwos- dof, land and buildings on Black Rock avenue. | Louis Kershniy to George S. Kevor- kieem, land and buildings on. Win- | throp street. Clark and others to Charles R strom and others, ings on Lyons street. Antoinette C. Bollerer to Wold, land and buildings on street. Ernest build- land | Max M. | Linwood o Casciello to John F. Price, and and puildings on Pearl street. Edward O. Killowine to State of land and buildings on reet. Joseph Subotkiewick 1o Dawid, land and buildings on street. Irank Arshyla to Stanislaw Kopee, land and buildings on Grove street Louis Calanta to Felix Calanta, land and buildings, one-half interest on land and buildings on Wilson street. Frank H. Alford to Carl Butrim, land and buildings on Overlook ave- Stanislaw High Albert Kuhl to Sabina and buildings on Ilast ate of Kuhl, land street. tate of Thomas H. Brady to Fred- W. Keese, land on Vance strect ar C. Linn to J. M. Zuk, land street. ames 1. Rc to Iarn- land and and First | Estate of . st T.. Anderson and other building on Seymour streets. Estate of Jane S. Hotchkiss to Wil- liam . Hotchkiss, land and buildings on Connecticut avenue. Severin A. Johnson to John lis, land and buildings on street. Frank H. Alford to C. others, land and buildings on reet TLouis Nair to Alex Bessoff, buildings on West street TFquitable Realty Company fo Dante Mari lana on Sterling street Julius Behrendt to Bernard land and buildings on ( Julius Libold to Zy suski, land and buildi and Allen streets. Bodwell Tand company Szopliksuski, land on Carlton len streets. Vazne- Church Divinico and Dwight land and Miller, to Zysmunt and Al- PRINTING Paper Ruling Book Binding SPECIAL Blank Books Loose Leaf Sheets Index and Guide Cards Prompt Service. | ox- | I Il ay a2 @ land and build- | Grzat Nor pfd | Gt Nor Ore Cet Inspiration Interboro Kansas City so Kennecott Cop .ack Steel ]O!\Igh val [ Max Mot com ! Mex Petrol | Natl Lead & Hud Nev Cons ...t . N¥ NH&HR ! Ohio Cities Gas Nor Pac Norf & West Pac Mail § S Co. .. Penn R R Peoples Gas Ray Cons Reading A Rep I & S com So Pac So Ry . So Ry pfd Studebaker . Texas Oil Union Pac United Iruit Tiah Gopn e U S Rub Co ... U S Steel ..... U S Steel pfd . Va Car Chem Westinghouse Willys Overland LOCAL EXCHANGE PRICES QUOTED (Furnished by Richter & Compa There has been a good demany American Hardware today witk s high as 158. Lander ¥ Clark is also strong. being 71 bid, 73 asked. North & very scarce and 93 is bid stock. It would seem as tho & Judd was selling too lo present time, and in an ac should sell higher. Belg closing quotations: American Brass .. American Hos (par Awmerican Hardwar Amer Silver (par Bills & Spen (par % Bris Brass (par 25) Colt's Arms (par Bagle 1 Co (par Inter Silver pfd L F & C (par Na Mar Lamp N B Machine ( Pond cor : Co (p W (p Mfg Co (pay Scovill Standard S R & I Co nley W'ks (p: & H (par 3 Union Mfg Co (par NG HO New York. Ju condition of clearing trust companies for that they hold $33,08 exe of legal requi is an increase of $26,60) week Screw o CLI | INSTAL zier, dis the 1. O 1. 0. B: Al Maurice D. Gl grand master of | install the newly elected { the Pride of New Britain E.R. Hitchcock & Co. 303 MAIN ST. day afternoon at 3 p m | mud Torah hall on Elm snioker will follow the inst RICHTER & CO. MEMBERS NEW YORK STOCK EXOCHANGE $1 WES1T MAIN STREET . NEW BRITAIN, OONN. TEL 2040 50 Shares Bristol Brass. 50 Shares American Silver. 50 Shares Aetna Nut. 50 Shares Stanley Works. GOODWIN BEACH & CO. Room 410 National Bank Building. Telephone %120, . FRANK LEE, Manager Landers, Frary & Clark Stock Bought and Sold JUDD & CO. Rooms 309-310 National Bank Bldg. Tel. 45. W. T. SLOPER. Mgr. WE WILL BUY AMERICAN HARDWARE NORTH & JUDD’S Is Your House Heater Ready for Next Winter? All Kinds of Heating AAMI 0 WEST MAIN STR Hot Water Telephone Steam gat Yo