New Britain Herald Newspaper, October 16, 1919, Page 11

NEW BRITAIN DAILY HERALD, THURSDAY, OCTOBER 16, 1916. YOoU MIGHT ) AS WELL IF YOU FALL DOWN LAVGH , S A man can be good natur under any and all circum- stances if he is properly dressed. You don’t stand much chance of faliing down in a business way if you are clothed in a winner mann Slip into suit of our good natured clothes and make faces at difficulty. Come in and look them over anyway. Suits and Overcoats, 50 to $55. Stein-Bloch and Shuman. Stetson New Fall Hats, $7.00 and $8.00. The Farrell Clothing Co. 271 MAIN ST. CITY ITEMS Anchor Brand Girls' dance, Booth's, Fri. eve. Alpha String orch.—advt. Mrs. A. Halva sold through the agency of Smith & Co., a house and three acres of land on | ,Shuttle Meadow avenue to Michael Arneth. Grand deck's evening, of danceland, Bar- Arch street, Fri Dyson’s orch.—advt ‘nds of this eve- opening new hall Oct. 17 Thomas Ashe Irish Freedom, ning in Judd's bre will hall. Jolly Three dance Sat. —advt. Burritt Grange, P. of regular meeting at Judd's 30 p. m. Saturday The annual ighbors Night” program will be presented by visiting Granges, after which refreshments and dancing will be enjoyed. Do not on. Axelrod's St.—Advt. An anniversary celebrated at St. Mary' morrow morning at 7 Jete John V. Sullivan The New Britain committee will meet the office of Attorney at 8 o'clock to in the relief tuota is expected several da nch, F meet night, Berlin. 1., will hold its hail at our lc Pharm miss le now 236 going high will church o'clock for he to- the me Jewish Relief this evening at Morris D. Saxe the progr $10,000. The be reached in discuss drive for to a1 day r. and Mrs. George A. Stark of 140 Maple street, who have heen making auto trip to Boston, have returned home. A rendarsal of the choir of the Church of St. John the Evangelist will be held this evening at 7:30 sharp In the church. an MAY CALL OFF BIG SOFT COAL STRIKE Teaders Admit That Action Will Be Postponed If Conference Shows Signs of Agrecment. Indianapolis, Oct. 16 Plans for a strike of bituminous coal miners of the country on November 1 were con- tinued today at international head- quarters of the United Mine Workers of America here, the officials proceed- ing on the assumption that nothing would come of the conference in ‘Washington called by Secretary of Tabor Wilson in an effort to avert the threatened walkout. The official strike call, issued hHv Acting-President John L. Lewis, w: sent out yesterday afternoon to the more than 4,000 local unions, and plans for making the strike off are taking form at headquarters. Mr. Lewis left late yesterday for ‘Washington in responso to the reque of Secretary Wilson for a conferenco. Mr. Wilson announced last night that Thomas T. Brewstor, president of the CBal Operators’ association, would represent the employers at the ference. Mine workers’ officials here ad- mitted that should negotintions be re- sumed with possibility of final agree- ment, it was likely that the strike would be called off pending the fina! putcome, ecven if the doliberations egtended beyond November 1 tive BAN ON HUNTING. Argentine Government Will Protect Coyou, a Fur-bearing Animal. New York, Oct. 16.—The Argenine government has decrced the prohibi i v~y | Corn Prod Ret | N BB Machine (par 3 } f Crucible Steel Al RIGALS ovovvnans Y . FINANCIA » | Cuba Cane Sugar 4 | Niles-Be-Pond com . Klk Horn Coal .. 1% N & J Mrg Co (par Py ) % I'eck, 5 & W (par CONNECTIOUT MUTUAL BUILDING, HARTFORD E}N WAY BA WALL STREET ST“[‘K ol Russell Mfg Co ! T. FRANK LEE, Local Mgr.—Room 410, Natl. Bk, Bldg., Tel. 2120 ien Motor Scovill | ¥ odrich 13 A Standard Screw com | P —_— t W s | siantey Trle & 1. Co AMERICAN HARDWARE CORP. . IMinois Cen . H 2 | Stanley Work (par Death Toll Among Kir Racers, el G SR | STOCK BOUGHT AND SOLD Interboro Con 568 . | Union Mfg Co | l N S Interboro Con pfd 18 i - - s Now Seven SSie e ! i Wall Street, 10:30 a. nmi.-——Motors | Int Aer Mar pfd 121 I G U A , , B L e TAKING UP TREATY U & CO Chicago, Oct. 16.—Almost half way | 0 0 P . at the | 'Sennec Copper | L across the country on his return jour- | 01 V¢ L Sinostissues At Fth ol Hekiisteel | 1 Kooms 309-310 National Bank Bldg. Tel. 1815 openit of today's stock markel, | lehigh Valley National Assembly of Austrin Mecets Sy ney in the army airplane rellability | BRSETE. S0, (005, MOSR HaNkEL | Leiah Ve ) W. T. SLOPER. Mgr. and endurance race, Licut. B. W.|iy {he irregular advance. Bethlehem | Moax Detemten: | to Consider Its Terms—Report Is [l Maynard, the “flying parson,” today | motors w the most um\mmn-n\fi Miami Copoer ! A o | was well in the lead of the four |feature its initial transaction consist- | \jdvale Stoel [ EixbectedBinRECVED Ay S | North & Judd & Hartford Electric Light other homeward bound flyers who |18 0f 10,000 shares at a gain of 2 1-4) Nat Lead ; Vienna, Oct. 15 (By The Associated 1 S 3 pointsi Mexican Petroleum rose al | | e eainne or ring fro O e S £ AR08 se al-| Ny Air Brake s | Press)—Austria’s national assembly M . | PRI IR el Gy SR e most polnts and Marine Pfd., and | N ¥ Central .. . TR !'met today for consideration of the 1 “Rl htsy’ coast to const. Lieut. Maynard, hav- [ American International gained 1 and | § y N 11 & 1 R 1t 50 pence treaty framed by the peace con- g ing reached Sydney, Neb., was almost [ 1 1-2 points sens (el S""‘f‘;‘ and | Norrolk & West .. 102 ference at Paris and signed at St vl Eht i (heEvanlioaim sty canti |l L IBHSR gl soRxa R s, A epeet s Bl a U N o e 5615 rmain on September 10, last. The = = | the outset, but the general list tended | it i et e e | est pursuer from San Francisco. Bl Dbt hio Citi aty was referred to a special gom- | \ BiEhelgnith A rour. Penn R R . miftee, the government program be- . | ldeut. Maynard yesterday broke ail | Noon—Standard shares were me- | S0 5o o0 5 e ‘What will - | records for flights from San Francis- | glected H"‘ !Ilu-l m‘mli-lun;m< .lvx spec tlU;’ ed Steel Car. 9971 - session, [icoltoR Svdncvil Neh S| sEROva i ghtl] L eRieat = CLE N E SR AR OU ' Sinclair Oil Ref 60 %, The treaty committee will probably wtomobile group and oils continued I | stop. He announced he expected to | SSlize el nttentiont vt baaid | SlossS SleelieRIN NGy make its report by the end of the | spend tonight at Chicago. Through |0 “‘”"_‘t’l’ det e "\n.l | Southern Pac 109 week, when it is expected the ratifi snowstonms yesterday ‘Maynard made|| 2SSSTunthesisubstanti st s S andif e ot n e cation of (he instrument will take miles in 56 minutes and then | SeVeral new "”'f'l"‘:."“ V"’_’:"“ % “‘;’f,‘“ll eaaine place dashed an additional 93 miles through ”:_‘“’I'“"'"‘;:I"‘h““‘x‘,"‘*‘lclfl'i'\:‘!"l‘i'(f ““"“(1‘ l_“‘\‘, Repli &5 Dr. Otto Bauer, {he minister of so- tht”.l‘n;“m‘ : Illnmul S e foday | Steels, Baldwin Locomotive and New | Southern Lty cialization, as had been forecast, an- | e death toll in the race tod S A i e et || SHE e | nounced his retirement from the gov- ) stood at seven leaving 39 pilots in | Y T e o ha Pexas C ernment. Fe will take the loader- [ | the contest. Lieut. French Kirby, pi- |featured the strong speclalties and ) fexas (o ship of the t, and Jta - g Southern Pacific furnished the only | Union Pac ship the opposition. | Tot, anc lm»m“ ,\lmnlw C Mo fobll Bk il e s e g Today's session was presided over T;\‘o\n‘”;rl :\n(vulgvl\l”n‘t‘l( r\f;ilwl;l(‘:fil( ;‘(‘:\O\? Reactions of 1 to 8 points set in at [ United Retail St .115% by Dr. Karl Scitz, the president of the : & ¢ * | noon when call money opened at 10 | U § Food Prod ] republic R R per cent. the highest initial rate of | U7 5 Indus Aleo T . | n 5 . = Smith Out of Race. : | many months. U S Rubber (o ll h h th b Mineola, Oct. 16.—Three more en- | 1130 p. m-—Trading fell to slender | U § Steel STEEL STRIKE SITUATION sell at per share with the bringing in trants in the army air race across the | | 1 oportions on the higher rate for| U S Steel pfd f e . . continent and Tk were ready {0 | i lloney hut reactions among spe- | Ttah Copper ‘ —— I§ of additional wells now being drilled take off hvr.(‘ early toc in the wake | . tjos were partly recovered. High | Va Car Chem | as Returning to Work—Strikers, as of Malor Carl Spatz leader on the| .., 3. rails and U. S. Steel were | Willys Overland . sthound ascond [ap R among the striking exceptions, these — e Large Number Reported at Pittsburgh on its proven acreage ith his nearest competitor, Cap- | {0 ceflecting greater pressure al tain Harry Smith, put out of the run- | 5t°¢! Sheeion E s Doets LOCAL STOCK Usual i Tacie Derial I 1 , A 70,000 ming by the burning of his plane at | 141 the most specmiative lssues. = EXCHANGE PRICES | : Present production, 10,600 bbls. daily. Buffalo last night, Major z who s il L B | pittsburgh, Oct. 16.—L e 3 rillin jent the night at Roch Helaliplonalforlsin fonced sthe Fonsrat /o | B 5 T R (et G Ciie bbl. well 300 feet from Rufino lease. Active d g {6 raitls G o i serteonel G, ([ 49 ELL LIRGCE I M B e o Semee | September 22, last, when the nation- [ operations being vigorously pushed. The thresltllers who hopediby st S BRaG Seu e Ruie e et (Furnished By Richter & Co.) [eddelip sk olgo tistestSana gixonRemy ting off today to overtake him were ) Sy Gy 3 : | ploves became effective, are returning g S approx ate: ,60,000 shares. Bid 4 i L ad Licut. B. C. Kiel, Licut. M. E. Queens | APProxiniated 1,560,000 share Hartford Elec Light s 5 TORR Gh T i, S, ST NOT A PROMOTION . and Lieut. R. Worthington hae Rights ... 249, trict, according to representatives of Market closed 'I‘uesday, Oct. 14—$25 bld. $27 Liout. Bartholf another westbound New York Stock fxchange quota- | ¢ (HHS oo A | the companies, who claimed today ked, 1 le $26 aviator has received permission to | tions turnished hhy NRlCh(;l‘rk& '.CO‘.(. American that the mills in this region were fast asl y aSt sale o fly to Boston to witness a football xéle:nn:\:m ¥ of the ew o stoc! American Hos Ups | G o et err e e | ume on Saturday and will make the xchange: ; N, | Ghictien. 15 o e eren, return trip later Oct. 16, 1919. | ‘American Sil (par o o 5 A E FI' l 'KIN & ‘ : ey . High Tow Closo| hills & Spen (par Union leaders countered the em- [} o o hd o Am Beet Sugar 97% 95 9612 tol B P ave’ o sts More on ¥ Aap. = % (par plovers' claims today with the state- o T, (G et e [| Sl G0 capn oo 1'&:;‘5; Eez 133'4‘ Colt’s Arms(pn. 1 ment that strikers were not deserting [ 141 BROADWAY, NEW YORK. C 2 £ 2 e | Am Car rdy C 3 323 2% | Bagle Lock (par the ranks and that the strike is as |3 testants in the arm -continen- | : 5 %y A 1e ranks ha he strike is a . ot i o e i GinpleteakindlFAREEoS0 Bge Rh S Se | B R ) effective at this time as it was during §§§ Boston Pittsburgh Chicago flisht from Minecol, o e (o e mofi(pa the carly days of the walkout. Francisco were expected today {o S T 0915 10571 06 1% x — join the five who yesterday were on | AM Sum 7lob .- 1004 A 106 | ; ; > — : the final lap of their Bhose L PR ! > : A ready to leave here during the day A Nihslon 136 s were Captain I C. Drayton _and j4m o2 €L - e % | 3 ey, & S cuts, H. M. Manzelman and L. S 'ahaconch Sof 7 % . mn bster. Re Loc 504 o Lient Alexander Pearson, Jr., ;;“\f“"‘(‘)“ 020 o . w siched Rend yesterday on the first (el oo T . . g duy of his return trip while Captain ;:0"{‘ ;“*‘ B -“YU‘* J. O. Donaldson who had promised ¥ s :'f_, g % 5 . . . to meet him in Reno was held up | Butte & Superior. 2316 While it is not possible to apply hard and fast uniform rules to issues of preferred stocks, nevertheless re. o v W because attend- an o Sl = ED 0 o . . . . . O i B O et a code of general specifications have been laid down and their application should be strictly followed. (1) cylinder ofl instend of eastor ofl. A | Ches & onlo = Record of concern for several years past; (2) average net earnings ample to insure a wide margin over s oond ot forcedllands i Mil & § 5 o B ¥ o 6 ) 5 3 q : 5 few milesionth el s L | chi roelc 1 & P all dividend and sinking fund requirements; (3) an equity in tangible assets well in excess of preferred and Suison just east of here and was | Chilo Cop stock issue; (4) a sinking fund payable out of the earnings to retire a minimum amount of the issue an helped start again by a number of | Chino Cop nuall b school gir lle spent the might at | Col F & T .. Y- mento. Cons Gas con- | | fon of hunting for the Coypu, a beaver-like rodent which yiclds fur known a$ nutri as the species is rbout disappearing because of the | large amount of commerce in these vkins during the last threo years, the Argentine-American Chamber of Com- merce here announced today. Nutria Pur has been extensively used in gar- ments worn by the women of America. “The hunting of nutria,” the chamber says, ‘has been dc with- dut any regard whatever to the prop- | agation of th animals and during the last great drought in the nutria rone, it was so easy to locate the rnimals that they could be killed with sticks and they were almost exter- minated. For this reason the govern- ment intervened in the matter taking rigorous measures to prohibit the hdnting of these animals.” mmml "% v ‘THE HARDWARE CITY How Saving Gives More Enjoyment There is more real enjoyment in sav- ing than in extravagance. ~What a comfort it is to know that you are accumulating a fund that will work for you every day in the year and be at your command when you want it. Start an account with us. 4%, Interest Paid on Savings Accounts. ' ¥ IF YOU WANT TO START a checking account, make a will, appoint @ Tras Executor or Guardian, deposit your valuablc papers in a perfeetly safe place, obiain investment information, send money abroad, get Travelers Lotter of Credit, WE ARE AT Cheques or 2 YOUR SERVICE. The Hartford-Connecticut Trust Company 777 MAIN STREET, CORNER PEARL STREET, HARTFORD, CONNEOTICUT. AND SURPLUS KFUND5S OVER $3,000,000. CAPITAL We own and offer the following preferred stock safety, Eiseman Magneto Corporation Cumulative Sinking Fund Preferred Stock. T e 97% and accrued dividend, to yield 7.15% This concern manufactures high-tension magnetos used by over motor truck, tractor, automobile and machinery manufacturers. The net earnings for the year cnding June 30, 1919, were - 874.49, or over six times the dividend on the Preferred stock This company has no bonds or funded debt. Sinking fund provides for a gradual retirement of this issue at a price not exceeding 110. The dividend requirements on the Electric Auto-Lite corporation, in times in the past year. illys Corporation 8¢¢ Cumulative Convertible Sinking Fund First Pre- ferred Stock. T which, in our opinion, combint these principles of West India Sugar Finance Corporation 89, Cumulative Preferred Stock $100 and accrued dividend, yielding 87 The business of this company is that of financing sugar com- panies in the West Ind by advances secured by mortgages, liens on growing crops of cane, and selling the sugar produced. The management of this company is closely allled with B. H. Howell Son & Co. The equities available for this preferred stock after taking care of the outstanding bonds, amount to approximately 18 a share. The sinking fund provides for the retirement of this stock at 115 and accrued dividends unless bought in the open market at a lower figure. The earnings for the past year were 2.9 times the preferred stock dividend requirements. For the year ending Octoher 1, 1919 earned approximately 29% their $2,000,000 this company upon common stock The B. F. Goodrich Company 77% Cumulative Sinking Fund Preferred Stock. Pri 104%, yielding about 6.70% The company’s balance sheet for December 31, 1918, corrected to show the effect of the present financing, shows net tangible assets cqual to over $205 per share of Preferred Stock outstanding and net quick assets equal to about $149 per share. This stock may be retired upon three months' notice at 12 and accrued dividends. The earning power of this company is 5.6 times the preferred dividend requirements. Nebraska Power Company 7% Cumulative Preferred Stock (e $97 per share and accrued dividend, to net about 7.229% Franchise unlimited in time, covering territory from which the company derives major portion of its income. Supplies elec- tricity in city of Omaha and vicinity, the heart of one of the rich- est agricultural regions in the world and the second largest live stock market in the United States. This issue of stock is redeem- able at 110 and accrued dividends. During the year the preferred stock dividend was earned 2% times. The Steel & Tube Company of America ¢ 7% Cumulative Preferred Stock $98 per share and a“crued dividend to net about 7.14% One of three largest manufacturers of steel pipe and other tubular steel goods in the United States. Gross sales, 1918, $58,- 068,598. Net carnings after fixed charges and taxes, $8,622,200, over seven times the preferred dividend. Application will be made to list stock on New York Stock Exchange. Redeemable at a price not exceeding 110 and accrued dividends. COMPANY S. R. EDDY, Mgr. 100 vl acerued dividend, yiclding 877 This corporation, formerly the Klectric Auto-Lite orporation, in addition to its own husiness, is acquiring the New Process Gear Corporation of Syracuse and The Duesenberg Motors Corporation of llizabeth, N. J. The earnings of the Auto-Lite and New Process Gear div ons, for five months ending May 1919, are reported at the rate of 3.41 times the dividend requirements of the first preferred stock. The present orders of these two concerns indicate that there will be a net profit of over six million dollars for the next twelve months, This stock may be retired at 110,and accrued dividends. The estimated earnings of the company are six times the preferred dividend requiremen for the present year Connecticut Mills Company Cumulative First Preferred Stock $100 and accerued dividend, to n 7% The property of the company cong of fully equipped modern factory located at Danielson, Conn., and the company owns all the stock of the Taunton Cotton Hills, a yarn mill at East Taunton, Mass. The product of the company is high grade tire duck, for which there is a great demand his stock 1y be retired at 115 and rued dividends according to the provisions of the sinkine fund. This company's earnings exceeded preferred dividen: o- quirements by 07 International Fur Exchange Incorporated 7% Cumulative Preferred Stock 951% and accrued dividend, yielding 7. r The business represents units originally organized in 1871 and 1881. It includes daily sales of raw furs and public auction sales held three times a year at St. Louis. The net quick assets amount to one hundrad and thirty-five dollars a share for the preferred stock The sinking fund provisions state that the preferred < will be retired at 110 and.acerued dividends. MEMBERS NEW YORK STOCK CHANG Hartford, Conn—6 Central Row Third Springfield, Mass 31 WEST MAIN STRE] NEW BRITAIN, CONN. Waterbur y, Conn.—21-22 Steele Buillding National Bullding