New Britain Herald Newspaper, March 5, 1920, Page 3

Boston Store STAMEY WORKS IS WE CLOSE— I M. . M. Saturdays at 9 P. Mondays at 6 P, wooL PLAIDS FOR SPRING WEAR PLAIDS this coming season will be gore fashionable than ever for House, Street and Sport Skirts There is nothing glaring about the | New Scotch Plaids, in fact you can- nat even call them Scotch except by weave. There is a softness of tone in he subdued and beautiful colorings ©f the new plaids that appeals to everyone. Black and White Plaids popular as ever; in fancy colored weaves. We are showing a fine a: of all the Iatest in Wool Plaids. Display in North Window. Agents for McCall riment Patterns The Best Pattern for every use; the Latest Ide: York Styles McCall Magazine 10c to 25¢ cach. for March, 15¢ copy. McCall Book of Fashions for Spring Wwith pattern offer, 13¢ copy.;. PULLAR & NIVEN ‘THE BUSY LITTLE STORE’ Strictly Fresh Eggs 69c dozen Russell Bros. 301 Main Street Eastwood Electrical Service Statior. and Garage. +#Starting, Lighting and Ignition Sys. tem Specialists, 2 MAXWELL SERVICE STATION. REAR 193 MAIN STREET, Phone 387-13. HAVE YOUR TRUCKING DONE PROPERLY AND AT REASON- ABLE EXPENSE. I operate a daily Freight and Ex- press Service. New Britain, New Ha- ven and New York. Trucks rented by @=y or hour. Local and Long Distu.m:c Moving and Trucking. A. H. HARRIS | Garage Tel. 1560. DENISON GARAGE 430 MAIN STREET. Housc Tel. 1849, Livery Cars for Hire, Day and Night. Storage. Supplies and Repairing I’ LEASURE CARS M. IRVING JESTER 193 ARCH S1HKEET —_— ———— OF ALL KINDS ® NEATLYDONE © KULPER PRINTING CO. 325 MAIN ST., TEL. 777 1so smaller checks | See | ( Newest Paris and New | AFTER BlG MERGER Wants $8,000,000 Combine With Stanley Rule & Level Plans for a proposed merger of the Stanley Rule and Level company with the Stanley Works as a parent organization were made public by the directors of the factories late yester- day afternoon. Stockholders of the two corporations will receive notifi- cations of the favorable actions of their boards and will be asked to | vote upon the acceptance or rejec- | tion of the offer of the proposition. Shares of stock in the Stanley Rule | and Level company will be paid in seven per cent. cumulative preferred stock of the Stanley Works at a | price still to be determined, but, as ! foretold in the announcement prob- | ably when a division of the assets re- | served from sale is added to the sale | price, “at a price substantially in ad- vance of the present market value of | the stock. The shares have been re- cently quoted at from 425 to 450. The personnel of the Stanley Rule and | Level company will remain practical- ! Iy unaltered, it is said, and the bus- iness will be conducted as usual, | with the exception that the merger will give the two sales forces an op- portunity to push the sale of similar lines of goods with more effect. The concerns are by no means competing ones but have a common ! which it is felt will be enhanced by ! the merger. Provided that the promise of the preliminary announcement holds Zood, and the stockholders receive more than the market value of the stock in assets to be distributed and preferred stock to be issued by the Stanley Works, the deal will involve seven or eight million dolla The capitalization of the Rule Shop is two millions of dollars, though not long ago it received the right to increase to ten millions. Inasmuch as there are various questions of tax payments and reserves to be settled the figure | has not been set. It will be at the stockholders’ meeting, within the | next two week Factory Statement. The following slatement was re- leas¢d by the Stanley Rule and Level company late yesterday afternoon: “The directors of the Stanley Rule | and Level company and the Stanley Works have agreed to submit to their respective stockholders at stockhold- | ers’ meeting to be called within the next two weeks a proposifion looking towards the sale of the manufactur- ing business of the Stanley Rule and Level company to the Stanley Works, | in exchange for seven per cent. cu- mulative dividend non-voting pre- ferred stock of the Stanley Works. “The project will bear the favor- | able recommlendation of all directors | and officers of both companies and, i if favorably reccived by the stock- holders, the Stanley facturing busine Works. “The price to be reccived by the | | stockholders of the Stanley Rule and Level company definitely stated, because of various questions of tax payments and re- . serves; but it is expected that ulti- mately on the dissolution of the | Stanley Rule and Level company the | amount received by their stockhold- { ers from this sale. together with the | assets reserved from sale, will amount to a substantial advance over the | present market price of the Stanley Rnle and Level stock. “The fact that the Stanley Works and the Stanley Rule and Level com- “HANROSS ATTTO G0, OVERLAND AGENCY Storage and Accessories, Repair Work a Specialty. | Phone 2227 139 Arch St. Rule and Level s into the manu- Stanley interest ! will result in the merger of | cannot at this time be \ pany are engaged In a similar, not competing, line of manufacture and that the combined manufactur- ing and selling forces of the two | companies will be of mutual assist- ance and benefit to each other have been a material consideration in in- fluencing the directors to recommend the proposed consolidation. “The manufacturing and selling forces of the Stanley Rule and Lev- el company will continue substantial- ly as heretofore and the operation of the two companies will go along with very little change. “The transfer books of both com- panies are closed as of 12 M., March 4th, 1920, and until after the date of the stockholders’ meetings. Stanley Works' Report. to the stockholders of Works: “A meeting of the stockholders of his company will be called within a few days, at which matters of great importance and possible advantage to the stockholders will be submitted. * “In view of these circumstanced, the directors have voted to close the stock books of this company as of 12 o'clock noon, March 4, 1920, ana the Stanley until after said stockholders’ meeting. | “An announcement and notice of this stockholders’ meeting will be sent to all stockholders within two weeks. “THE STANLEY WORKS, “By E. W. Christ, Secretary. “March 4, 1920.” Officials of both the Stanley Works, and the Stanley Rule and Level were reticent about the details of the transaction. The statement of of giv- and reserves, but the meeting stockholders will necessitate the ing out of details. The Stanley Works will have increase of capitalization when Stanley Rule and Level company taken over. Stanley Works is now $2,500,000, and the capitalization in excess of this amount will be a matter for the stock- holders to decide. The officials of the Stanley are: George P. Hart; president, E. Allen Moore; vice-presidents, Clarence H. Bennett and Walter H. Hart; secre- tary, Ernest W. Christ; assistant sec- retary, P. F. King; treasurer, Louis Young; directors, P. Hart, E. A. Moore, C. H. Bennett, W. H. Hart, E. W. Christ, H. H. Pease, F. G. Platt, Frederick S. Chamberlain and Felix W. Stanley. The purchase of the Stanley Rule & Level company by the Stanley Works will help to spread out the scope of the Stanley Works from Plainville to Berlin. The Stanley Works plant extends along the rai road for a long distance from Black Rock Bridge and the Stanley Rule & Level company, starting at the depot | and with its “farm’ buildings at the southern end of the city, takes it nearly to the town line. Stanley Rule and Level Co. is ‘Works of the Stanley Rule & Level company are: President, A. W. Stanley; vice- president, Robert N. Peck; second vice-president, Philip B. Stanley; di- ‘rectors, the officers and George P. Hart, H. S. Walter, W. J. Moore, of ! New York, Meigs H. Whaples of Hartford, and Frederick G. Platt. The | Stanley Rule and Level company has {a branch plant at Newark, N. T { known as the Atha Tool company { giving employment to 400 operati !in the manufacture ‘of hammer sledges, cold chisels and similar tool | It owns the John S. Frey company o Bridgeport where bits are manufac- jtured. The Eagle Square Manufac- turing company of South Shaftsbury, “'t., and the Roxton Tool & Mill com- pany of Roxton Pond, Quebec, Can., are also owned by the Stanley Rule & Level company. T he company its payroll. The Stanley Rule & Level company is capitalized at $2,000,000 and has been paying 20 per cent dividends on a par value of $100. i History of Concern. portant part occupied by the Etanle { Rule and Level company in the in- ! dustrial life of this city and, in fact, of the tountry, Hall and Frederic Knapp when, 11833, in on the present site of the large plant. vou will find distinctive modes esting style and short skirts. Many new style sleeves and embroiderie; Mostly Nearly EEE]EEIEIEIIEEIEIE]EEIE]EI 1 These frocks are the latest all of the large fichu collars, now in vo bhack. We Have Just The smartest and prettiest this showing. There are ‘taffetas, tulle combinations. Seme made with style featur satins, draperies, FEEEEEEEEEEEEEEE e R | Sege-7Nlien, & Co. HARTFORD. WOULD YOU LIKE A TAFFETA FROCK FOR SPRING? el ) ' € (@) [+ <1 w c « Ao ] ) ) o - o ] o "~ ©» w © o 1) characteristic of these new frocks notes such navy, brown and black skirts show There are round neck models, gue. 1 Narrow belts that tie in back, wide crush girdles with bow n\@- Gowns At $29.50 An Early Selection W, and mest pleasing in satisfying numbers. models. Here An inter- is the short sleeves as aprons, futing, frills, short taffetas. the bouffant roll collars, effect. shawl g I a ® 1 a = Al smart snappy styles that will be sure to delight oneand all [H] A Few Evening % = = = = ana 1] some with ruffles and many olher@ ould Be Advisable. of evening dresses will be found in taffeta and tulle and satin Be sure to secure one of these frocks while the prices are low. W] = | 1 ] ) o o e 6 ) ) | Chairman of board of directors, | The present officers and directors | Foundation of the large and im-} EEEEE S S | but ' ' Knapp and capitalized at $15,000. | the top floor of the building erected | on Elm street by Seth J. North. The following statement was issued | the | firms say nothing of the tax payments | an | the | The capitalization of the | 5 000 has |. between 1,800 and 2,000 operatives on | : North and Stanley factory on the | ber of workmen was | foundations | flourished, adding, in 1862, the handle husiness of Augustus Stanley and, a was laid by Thomas S. | they began the manufacture O[i } levels and plumbs in a small building In 1854 a joint stock company. was formed under the name of Hall and Two years later the capitalization was increased to $20,000, The manufacture of rules was en- tered into when Augustus Stanley, Timothy W. Stanlev and Thomas Conklin formed a partnership, Mr. Conklin having been engaged in the business in Bristol. This new com- pany bought the Bristol business and the production of rules was begun on 1t was known as the Sargent building. In 1855 Seth Savage’s rule business Middletown was brought to New Britain and consolidated with the local company, which purchased the business, and the increased produc- tion went on in the upper story of the ORTER SONS ALWAYS HAVE THE BEST FURNITURE The cottage can be made as charming as the mansion if the Fur- niture and Rugs are selected with thought and care. Consult with us in planning. We have been furnishing the best homes throughout the state with high grade Furniture for fifty years, and our experience is at your com- mand. Economy in Furniture consists in getting the best qu allty at the lowest ‘cost. ; That is what we give. south side of Park street. The num- . increased and were laid for a new company. x In July, 1857, the Stanley Rule and Level wcompany was organized by amalgamation of all of these branches and the business was established in the present buildings at the corner of Church and Elm streets. The com- pany was capitalized at $50,000. From that time on the company grew and vear later, the business of C. L. Mead in Brattleboro, Vt., was bought. For a short time the business was carried on here and in Brattleboro, but finally it was removed to this city, where all of the production went on, and a large warehouse for the sale of the g00ds was established in New York. The plant has been enlarged con- siderably in the past half-century. In 1864 the capital was increased to $100,000, and three years later it was Tn 1881 it was increased to $300,000 and in 1888 to $400.000. The capital stock now is $2,000,000. Henry Stanlev was the first presi- dent, holding the office from the time the concern was formed until his death in 1884. He was succeeded by Charles L. Mead, who had been in charge of the New York warehouse. AIMED AT CHAPLAINS New Army Reorganization Bill Would Make Clergyman’s Place in Fight- ing Forces Intolerable. ‘Washington, March 5.—The army reorganization bill as reported by the | house committee on military affajirs would make “intolerable” the. chap- lain’s position in the army, the fed= eral council of the Churches of Christ in America declared in a statement issued here: “This bill contains indirectly, if not directly,” the statement added, *a re- flection upon the great work done by chaplains in the 'American army dur- ing the world war.” The organization advocated a chap- lain’s corps with rank from first lieu- tenant to colonel. The Marsodak is an oil burning ‘GUIDE TS MISSING. steamer of 3,545 tons gross register. Fredericton, N. B. March She is owned by the shipping board Search for Henry Braithwaite, a and operated by the Independent eran trapper and widely known N Steamship Co. of New York. | ing guide, has been begun by pa of woodsmen on the hunting grof about Miramichi. He has not heard from for several months because of the severe weather are felt for his safety. CONSULATE NOT DESTROYED. But American Envoy’s Residence at Zuric] ll Has Been Badly Damaged. Berne, March 4.—It is estimated that the damage done the United States consulate at Zurich by the ex- plosion of a bomb last night will amount to 10,000 francs, but the place is still habitable and Consul General Keena and his family have returned there and reopened the office. The president of the Zurich govern- ment visited Mr. Keena today and ex- pressed the regrets of the authorities over the incident. PORTUGAL. —Travelers from Portugal report firing at Lisbon, Op- orto and Vizeu, according to an- nouncement this morning by the min- istry of the interior here. Reports from the frontier 'state bombs were thrown and shots were fired at a mil- itary train near Viano do Castello, | 41 miles nerth of Oporto. i ENGLISH MONEY RATES. New York, March 5.—Preliminary rates on demand bills for the English pound sterling today were quoted at from $3.60 to $3.63 as compared with vesterday’s accepted maximum of $3.58. Yesterday's high rate was ' 11 cents above Wednesday's closing fizure and 39 cents above the record | low on February 4 OUTRAGES I Madrid, March GERMAN WAR TRIALS. Stopped If There Is No Against Accused. Cases Can Be Evidence STRIKE AND DISORDERS Rome, March 5 (Havas).—Re! | received here indicate that a eral strike near Piedmont and Lombardy are spreading. Diso acts have been committed near rara and | Verona, according to vices. Berlin, national a March 5.—The German embly has passed as up- plementary bil]l relating to the trial of men accused of violations of the laws of war, It would empower the supreme state attormey to propose the discontinuancé of any prosecution, should he be convinced there is no sround for the public accusation of any person. It also provides for the resumption of proceedings against any person, even after acquittal and for a rehearing of cases of persons convicted when sentences passed are clearly disgproportionate to the of- fenses charged. . S. STEAMER ASHORE. Oil Burner Runs Aground Off Cape . May, Wirelcss Message Relates, New York, March 5.—The Ameri- can steamer Marsodak from Smyrna via Gibraltar for New York is aground mear Cape May, N. J., ac- cording to a wireless message re- ceived here today at the office of the naval 'ommum(aticn service. CONSIDERS OFFER. Chicago, March 5.—R. H. Ais former regional director of raily under control has been offered presidency of the American Ral association it became known He has the offer under advisemen | THE 'PUBLIC MARKET 436 MAIN STREET, Opposite East Main Street Fresh eggs 69c doz. Russell Bros.—Ad Eggs are lower. Russell Bros.—Ad. Fresh eggs 69c doz. Russell Bros Is offering for tomorrow (Saturday) the following specials on the highest quality meats at pnees, that will save you money. Come and buy heavy. I .8 y SUGAR for Every Customer ' Picked Potatoes, 83c a peck | Prunes, 25¢ Pound PORK LOINS ROAST PORK .......... PORK CHOPS, lean ... .. LEAN FRESH HAMS FRESH SHOULDERS SPARE RIBS PIG’S FEET, fresh 9c lb; PIG’S FEET, Pickled PIGS KIDNEYS 9c; HONEYCOMB TRIPE FRESH PIG’S TONGUES ... ) BEEF LIVER ROAST OF VEAL VEAL STEAK VEAL CHOPS .... LEAF LARD Eggs in Cartons 60c Doz.! Juicy Grape Fruits 3 for 25c| Pure Lard 2 Ibs. for 57c T s D R e S e QN - | Extra Fancy Apples, 55¢ Doz. 1b 32c 1b 32¢ 1b 32¢ SHOULDER STEAK . .. SHORT, SIRLOIN and ROUND STEAK lb 30c FRESH HAMBURGER .. 1b 18¢ LEGS OF LAMB ..... 1b 35c and 40c¢ LAMB CHOPS ......... 1b 35¢ ROAST LAMB .......... ..... 1b 28¢ PRIME RIB ROAST .... ".. Ib 30c RUMP ROAST 1b 30c POT ROAST 1b 18¢ LEAN BOILING PIECES ......... b 12¢ SMO. SHOULDERS, lean, 4 to 6 1bs 1b 24¢ SAUSAGE MEAT, Home Made 3 30¢ ARLINGTON SAUSAGES, Packages 35¢ SMOKED HAMS ..... 29¢ SLICED HAMS . .... 40c STRIPS OF BACON . ...... 3de SALT PORK 25¢ ... 2 lbs 25¢ .... 3 1bs for 25¢ b 15¢ 1b 30c 1b 12¢ 1b 25¢ 1b 40c 1b 34c¢ b 28c !