New Britain Herald Newspaper, October 25, 1919, Page 11

NEW BRITAIN DAILY HERALD SATURDAY, MARKET AND REAL ESTATE REVIEW N S ey FINANCIAL N e o WALL STREET STOCK EXCHANGE REPORTS New York Stock fixchange quota- tions furnished by Richter & Co. amembers of the New York stock Exchange: ‘Wall Street— (£ Stocks became tremely reactionary soon after the irregular opening of today’s brief ession. xtensive selling seemed to LOOKING FOR- TROUBLE AND HUNTING FOR- ) BARGAINS ARFE ( ONE AND THE =t SAME THIN &!' € Don't bargains. The usual clothing bargain shrieks aloud and tells the “passerby what it is and where it came from. Come to the shop that has Tespect for your appearance. We will sell you a suit of clothes that parallels the most expert tailoring the world has ever seen at a price that will make you feel friendly toward us. Try a Stein man suit, $28. Stetson Hats. The Farrell Clothing Co. 271 MAIN ST. search for clothing "A.NUMBER ONE"S THE KIND OF PLUMBING- THAT You WiLL GET \F HERE YOURE COMING. First rate, high grade, A N 1 Plumbing is the only kind of plumbing we do and there’s just one good big chance we've got of proving this to you. Ask us to attend to some plumbing job in your own home and after we get through you'll say our work is right and price fair to you. E.P.Burns PLUMBER. 11 Main Street our seems | by overnight advice: bearing upon industrial rondiions Steel and many other leaders fell to lowest prices of the number of speculative issues were to 15 points under their highest quotations for that period. treme in steels, equipments and from to 10 points. to 6, rails 1 to 2 and specialties 2 to 5. The s weak. approxi- £00,000 shares Qct. 25, 1919 High Low Close 96 a4 9 be prompted U. 8 oils sales mated Am Am Am Am Am Am Am Beet Sugar.. Can Car & Loco Smelt & Ref. Sug Ref com 1423 Sum Tob Am Tobacco . Am Woolen Anaconda Cop . AtchiT & STRal Baldwin Loco B & O Beth Steel B BE R STty Can Pac .. Cen Leather Ches & Ohio .... Chi Mil & St P . Chi Rock I & P .. Chile Cop .. Col F &I . Cons Gas Corn Prod Ref. Crucible Steel Cuba Can Sugar. Erie Gen Ele Gen Motors Goodrich (B F Gt Nor pfd -.... Inspiration Con... Interboro Con ... Int Mer Mar Int Mer Mar Int Nickel &5 Kennecott Cop Lack Steel Max Motors Mex Petrol Midvale Steel Natl Lead N Y Air NS Y Cen 1o NYNBH Nor Pac .... Ohio Cities Ga Penn R R Pressed Steel Car Reading . Rep I & 8 Sinclair Oil Refin. Sloss-S Steel & I.. So Fac So Ry Studebaker Texas Co Unipn Pac .. United Fruit United Retail St 1167% U § Food Prod.. 83 U s Indus Alco ..108%; U § Rub Co .....126% U S Steel Utah Cop .. Willys Overland LOCAL STOCK 9614 91 240 401 15% 16935 h'l"' pfd. co EXCHANGE PRICES | Richter & Co.) Cddy, Mer.) Bid 200 106 228 (Fur m.,hml ¥ (S. R, Asked 205 109 233 105 158 38 Hartford Fixe Light Southern N E Tel Co American Brass .. American Hos (par 25) 95 American Hardware 155 American Sil (par 36 Bills & Spen (par 120 136 Bristol s (par 36 Colt’s Arms (par 25) . 6 63 Fagle Lock (par 5o 108 L F & C (par 26) : 2 73 Na Mar Lmp (par 6 38 N B Machine (par 2 54 Niles-Be-Pond com N & J Mfg Co (par Peck S & W (par 25 Scovill Russell Mfs Standard Screw SR &L Co . Stanley W'rks T & H (par 25) Union Mfg Co. week. A | Ship- | ; Hem:y’ Clews Weekly Letter S New York, Oct. “The approach of ratification of the treaty with Ger- many has been hailed during the most commercial past. That such will take place at an early possibly October 30, is the forecast in some quarters. The ad- hesion of the United States to the treaty is still in doubt, and the pre- dictions of some political leaders that we shall so modify the treaty by res- ervations as to eliminate much of its value has undoubtedly caused anxief Should we practically precipitate ou selves into a situation in which we had no definite connections with for- eign countries, and could not share in the benefits obtained under the formal agreement with Germany, our trade and finance would undoubtedly suffer” seriously in its foreign aspects. From this danger it will be the first duty of public men to protect tho nation. Labor and Financial Situation. The labor and trade situation has for some time past been curiously mixed. The gradual collapse of the stecl strike and the strong hand shown by the United States govern- ment in controlling the port strike at New York: but the most encouraging element in the case has been the cir- cumstance that public opinion, when enlightened upon the real motives of the “red” agitators who are behind the disturbances, has turned against them. Industrially the reports from all over the country are encouraging, reflecting, as they do, good demand for goods and a great ability to pur- chase and pay for them. An abun- dance of means in the hands of the public throughout the country has re- ysulted in a steady investment demand for the more solid kinds of securities as well as in a tendency on the part of the public generally to purcha; 'and carry stocks of the sounder va rieties. This disposition has been well maintained in spite of an ad- verse money situation which during the early part of the week showed high rates for call funds; and during important event for a financial and good while the latter part of the week, although | casier rates were reported, indicated a short supply of cash for market | purposes. The investment demand of the actual evidence before the ey of the public everywhere as to indu trial activity and prosperity. Hopeful in this connection has been the re- port of the Bureau of Labor that commodity prices representing the cost of living have been on the de- cline during tho past month and | show a shrinkage of two per cent or more in most cases. As against this investment strength, the speculative situation has been perturbed and dangerous. During the latter part of the week there was a a sharp collapse among some of the favorite shares, including olls and a variety of industrial shares, had been advanced to levels whic left them in an evidently “topheavy condition. With call money in re tively scant supply and likely to ex hibit firmer rates a number of stocks which were in a technically wealk po- sition should be looked wupon with great caution only when the buyer is amply to protect himself. Financial Legislation. After being held up for a long time in committee it now seems as if the Fdze Bill, which provides for the formation of corporations to in the furtherance of foreign trade. would be adopted at an early dat Tt seems also likely that cong may adopt at an early date some pre- liminary commercial or tariff enuct- ments which should have their e in advancing the price of industrial shares by assuring the home producer {of a greater degree of protection in position tho | prast week in practically all countries | formal ratification | date, | current | corporations will pos ! First Congregational church af the country has been stimulated by | | Stecl Opes which | | were ready to | tic statements from and can bg purchased | engage | | Place adum Ointment for If you have eczema or any other skin trouble, get a box of Cadum ()mtment It stops the itching at thing and heal- kin-is irritated or inflamed. Cadum Ointment is also good for pimples, blotches, rash, eruptions, scaly skin, chafings, piles, itch, tetter, sores, scabs, ringworm, cuts, burns, insect bites, ete. Cadum Ointment is a French preparation in America from the original formul ;1 e e against outside competition. On the other hand a remarkable develop- ment has taken place in the expan- sion of our banking system under ex- isting legislation. Many new foreign branches are being organized and oth- ers are in prospect while acceptance houses paralleling those of Great Britain are showing a healthy growth. A new fleld for the use of investment funds is thus revealing itself and it may be expected that with proper guidance not only the shares but the paper of these new types of financing s high value as 2 means of employing funds. The progress which our banks are making in foreign fields also should encourage much larger opera- tions in securities listed in other coun- tries, although thus far the actual progress in that direction has been limited Outlook Depends on Conservatism. The on rious cloud upon the na- tional horizon would seem to be the labor disturbance and social unrest connected with it. The natural con- servatism of the American public must be depended upon as the all-im- portant means of overcoming this danger. short term HENRY CLEWS. CITY ITEMS The D. A. R. state cenvention at the Mid- dletown Thursday will be attended by 21 New Britain delegates. Luncheon will be served at 12:30. Tickets for the annual banquet of the Chamber of Commerce were is- sued today and placed in the hands of the ticket committee. John A. Andrews sold today through the Camp Real Estate com- pany a two family house at 167 Hart | street to Frank J. Calabretta, foreman for the B. H. Hibbard Co. STRIKE BROKEN itors Quote Facts to Prove Their Assertions Chicago, Oct. 25.—Mill officials at Gary, Ind., today pointed to ope tion of 27 out of 42 open hearth fur- naces, both units of the huge duplex mill and a one day production 1,800 tons of steel as bearing their claim that the strike of workers was broken, so far as Gary was concerned. Eight blast furnaces start today and four e beng prepared. Optimis- mill heads in the Chicago district were met by denials by the labor leaders that the strike, nearly five weelks old had been weakened. Federal soldiers having under military control today preparing for an indefinite stay after General Leonard Wood, commander of the central department, was told that the situation there would not permit of their withdrawal at this time. GARY out others we other parts of Gary were TAKES LEADING ROLE. James Donahue of this city will be seen in the leading male role in “Y, Nott,” a musical comedy to be pre sented next month in Bristol by home talent. Donahue toolk the part of 1Kid Burns in “Forty-Five Minutes frouy Broadway' when that comedy was staged by the local Talys. He has one of the leading parts in “The Time, the and the Girl,”” to be played by the Knights of Columbus here in the of | steel, | OCTOBER MANY BUILDING i PERMITS mum’ Estimated Cost Totals $67,063, Eczema According o Building Inspector { Building permits for the week end- ‘ ing October totaling an estimated | cost of $57,063, follow | Frame dwelling—Hardware <City Loan, Bain street. $3,300. ¥rame dwelling—Hardware Loan, Stanley street. $6,000. rage Chas. Sawrka, William street. $75. Frame alterations—John A sons, 35 Wakefield Court. $500. Reroof—John H. Sleath, 95 ington avenue. $125. ame shed—David Rooney, 57 treet. $ H Brick addition—N. B. Machine Co., Railroad street. §5,000. Minor re pairs Barney, Miller & Dubowy, Arch street $100. Frame , S TR Park Drive. § Sunparlor q({d]l\{v[\A‘\vll\ Edw. ling, 37 Wallace street. $100. Frame dweling—Iardware Loan, Park Drive. $3,000. Frame awelling--Chas. Granquist, South Stanley street §5,800. Frame coop—Carl Anderson, Brighton s 5 Reroof—Landwich, Church street. $400. Brick addition—N. B. L. Park street. $1,000. Frame gara 60 Vine street. $500. \ Reshingle—J. L. Borgess, 358 West Main street. §200. Reshingle-—J. N. Gaffney, 26 Hart street, City | 28! Par- Ken- Noonan, Al- City 92 Mondjeski, 401 & Coal Co. Ryan, 1 Sherman 2 rge—Attore Bortomalli, Wilcox street. $200. Brick building—Warsaw Co., Broad street. $8,000. Repair—Steven Sauter, 71 $40. Brick Russell Reshinge Czellecz, South Main street. §118. Reshing Farrell, street. $175. Reshingle Rhodes st Reshingle—Richard Jubilee street $280. Frame coop—Wlady 182 Jubileo street. §40. me dwellin Roxbury road. $5,000. Brick garage—Joe Whiting street. $1,000 Addition age-—John Di Nonno, 94 ranklin Square. $1,000. age—DMenus & i Park Vie $500, Frame dwelling—ILeonard Park View avenue. $800. i ge, oflice and tenement Trading Co., Sov ,000. Grocery Bassett, Joster, 80 204 78 Maple 209 Frank Iielo, 2790, Stumpf, Paskowski, \ley Balinsky, Arbour, 56 baum, Sovereign strect me wagon sheds—Sovereign 1g Co., Sovereign street. $1,000. | Irame storage building—>L T Dwight court. $50 chicken €00p- cy, Stanley street. $55 Reshingle—S. W. Wood, mons place. $250. Reroof—A. H. Hornkohl, wold street. $100. Reshingle— Rubin, wold street. $90 Reshingle—John land street. $100 Reshingle—Frank School street. $300 CIDER QUESTION SETTLED Officer John 11 Durn, 39 High- Humphrey, 10 State Revenue Rules That Un- fermented Cider Is Harmless Bev- e—Mills Must Pay Tax. Unfermented cider is & mless bever ording (o the U the Depa sweet ssified as a hay “soft drink,” ac reached yesterda Internal Revenne ford., and locul e notifiad that (hes sell the bevera decision of the at Hart have oflices tment lors heen continue fo that it is v may e providing there 11 RICHTER & CO. Members New York Stock Exchange 31 WEST MAIN ST. STAWLEY R. EDDY, Mgr. NEW BRITAIN, CONN. Telcphone 2640 North & Judd Rights Expire November 15th We Will Adjust Your Rights for You. We Own and Offer 100 North & Judd Rights Ui & CO. Rooms 309-310 National Bank Bldg. W. T. SLOPER Mer. Tel. 1815. We Will Buy or Sell Scovile Mfg. Co. Stock B GOODWIN BEACH & CO. CONNECTICUT MUTUAL BUILDING, HARTFORD T. FRANK LEE, Local Mgr.—Room 410, NatlL Bk. Bldg., Tel. 2120 North & Judd Mfg. Co. Rights and Adjusted at this office. THE GROWTH Of the Commercial Trust Company is due in large measure to the confi- dence of the people who have made this bank their depositary. realize that it is sound, safe and sub- Bought, Sold They stantial — furnishing a service of ex- ceptional value. will be on the when it ny other taken fo then they but if the cider 'hc“ unfermented 10 per cent war tax levied manufacturers and importer (=] c Limitation of Claims is sold in bottles, barrels or At a Court of Probate holden at|contamers. If apples are New Britain, within and for the Dis- | cider mills by individuals trict of Berlin in the County of Hart- | aré the ones to pay the tax, ford and State of Connecticut, on the | 4pples are traded for the 20th day of October, A. D. 1919 mill owners must pay the By means of an extra large and well designed reflector gives However, rly part of 1 Listen! Goldine Man., /. a child that is troubled with bed wetting get GOL- DINE. It does the work where everything else fails and you owe it to yourself and the child. A" WORD OF ADVICE TO WORRIED MOTHERS Mrs. Fred Tillman says: “My daughter, Winifred, who is 9 years old, was troubled with weak kidneys and bed wetting. At first I thought it due to carelessness and used severity with her, but that seemed to do no good. o matter what precautions were taken before retiring, the results were always the same. I took her to several doctors, who sald it was due more to nervousness and bladder trouble than to kic trouble. Also that the only cure was time, and that she would grow out of it in a year or so. There was not a night the child could sleep in any degree of comfort. So when I heard of G DINE 1 went to the drug store and had a talk with the GOLDI Man. He advised the use of GOLDINE No. 2. The results beiter than L expccted. 1 have given my daughter s than a and it has s opped that condltion entirely, it oceurring after she started to take the medicine. MRS. TILLMAN. about GOLDINT doing the work no matter how s you have tried. It's a good pure herb remedy without fear. Note v Ohio, careful e place, lies and f to b u 1 of Present, Bernard F. Gaffney, Esq., Judge. | On motion of Bengta Johnson, nr‘; said Berlin, as Administratrix on the Estate of Niels Johnson, late ol Berlin, within said district deceased This Court doth decree that six months be allowed and limited for the creditors of said estate to exhibit their claims against the same to the Administratrix and directs that pub- lic notice be given of this order by advertising in a newspaper published in said New Britain and having a circulation in said district, and by posting a copy thercof on the puablic sign-post fin said Town of Berlin, nearest the place where the deceased % last dwelt. 6 2 is BERNARD F. GAFFNEY, Judge. only John F. Marsh, were bottle once the greatest amount of heat from the current consumed. Don’t fear many other tt and you can ¢ it What W. H. Use an Electric Heater and Save your Coal. The SPRING & BUCKLEY ELEC. CO. 75-77-79 Church Street. Tel. 2240, 2241 IF YOU WANT TO ST%A. Executor Srous, vtical Chemist of Columbus, Says. ion of the purely a checking account, make a will, appoint a Trustee, fod 4 “T Guardian, deposit your valuable papers ctly obtain investment information, send money get Cheques or a Letter of Credit. GOLDINE reme- vegetable substances ion and assimilation is accom- here are no dangerous or habit s imulants in GOLDINE and it can be WE ARE AT childr It has my unqualified endorse- ement by a chemist of the standing of Mr. Wil- The Hartford-Connecticut Trust C\,,.._ 57 4 B lim 1t Wi a1 ample ssmuranca of tho most skeptical of abso- 5 purity of GOLDINE. ehi ‘;\;:‘«Rg:;}) COnN Go o Crowell’s Drug Store and get GOLDINE. ¥ 3 - CAPITAL AND SURPLUS FUNDS safe compounde their dig with e Travelers & « plished vad, en ive YOUR SERVICE It will do the U\l R $3,000,000.