New Britain Herald Newspaper, August 2, 1920, Page 9

\ Financial WALL STREET STOCK EXCHANGE REPORTS| Wall Street, 10:30 a. m.—The stock market gave a good demonstration of restored confidence and optimistic feeling at the outset today as a re- sult of wholesale advances in rail- road freight and passenger rates al- lowed by the Interstate commerce commission. Commission houses were heavy purchasers, buying orders flow- ing in from all sections of the coun- try. Pools resumed their operations In ¥he specialties with confidence and the market showed more breadth and activity than for some time. Rail- road shares were advanced anywhere from 1 to & 1-2 points with invest- ment buying on quite a liberal scale in the old line dividend paying is- sues. Low priced shares which have rddently been in popular favor were ulse extensively purchased with the inguiry besides embracing a wide va- rlety of specialties. U. 8. Steel, Studebaker, Mexican Petroleum, Bald- win Loco. and various other favorite hares were marked up from 1 to points. oon,—The upward tendency of the market was abrupty checked by heavy offerings of various shares in wheh the technical position had been | kened by the breaking of the short | interest. Reactions from the early high levels ranged from 1 to 5 points with the general selling influenced by the maintenance of stiff money rates and weakness of sterling. Particular pressure was exerted against numer- out gpecialties which wsold below last week's low figure, with acute weak- ness in Bethlehem, Vanadium, Rep- logle, Mexican Petroleum. Crucible and Studebaker. Railroads also suc- cumbed to the weakness at other points but there were indichtions of renewed buying at the lower levels in certain of the dividend paying issues. Wall Street 1:30 p. m.—The rapid fall in particular stocks produced an unfavorable effect on speculative sentiinent and there was a genoral throwing over of shares bough earlier with short selling again in Inrge volume. U. 8 Steel fell to a new low price for the current decline at $6% Close—Traders found buying of poor quality and support lacking and continued to sell the list in the late Aealings, The closing was weak Sales approximated 1,100,000 shares que.. "ens Monday, Aug. 1920 High Low Close | 38 3% 1% | 55 80 801 Allls Chalmers Am. Reet Sug. Am Can . Anp Car & Fdy Am. Cotton Oil Am H & Leath Am Locomotive Am SSelt & Ref Am Sumat Tob Am Tel & Tel “Am Tobacco Am Woolen Anaconda Cop Ateh Top & § F At Gulf. & West 1., Rarrett Co #aldwin Loco Baltimore & Ohio Beth Steel B Pklyn Rapid Tran Can Pacific C‘entral Leath ‘hes & Ohio ‘hi. Ml & “hi Rock Isl Chino Cop .... ‘en Gas ceeane Zorn Pro. Ref ‘rucible Steel Cnba Cane Sugar Elk Horn Coal Fndicott-Johnon Erie Eria st General neral Motors drich B Northerr pfd Tilinots Central Int Mer Marine fnt M Marine pfd Nickel Int. Paper Kelly $pg Kennecott Lack. Stee | .. Lehigh Valley Maxwell Motor Mex. Pet Midvalo Steel Mo, Pacific Nat. Leaad Nev Con Cop N. Y. Air Brake N. Y. Central N.Y.NH&H Norfolk & West North American Northern Pne Ihio Clties Gas Pan. Am P&T Penn R R x div Pressed Bteel Cr Ray Con Cop Reading tep T & 8 Royal D N Y Sinclalr O1l Refin 28 van-Steel & 1 65 uthern Pacific 93% Sithern Riwy. 207 Atudebaker Co.. 887 Lexas Co “un Texas & Pac ELEN Tobacco Product 62% *alon Pacific 17y nited Fruit 196% (’nited Retail St 6534 1, 4. Food Prod 81% ", 8. Indus Aleo § 8. Rubber Co. "9 8. Steel ... 8 ‘tah Copper LIEYS Vi Car Ohemical 67 % Willys Overland 17% Westinghouse *Stock div 357 3% 105 121% 151, 20 76 1% 214 140% pref Elee Int Tire Cop nma -oru lmfl' B York Clearing Measures Provide for Trial | courts and was | on LOCAL STOCK MARKET QUOTED (Furcshed by Riehter tnd Co., Sanley R. Eddy, Manager) Bid 142 Asked 145 04 138 110 198 29 85 48 105 64 45 8 99 44 55 Hfrd Flec Lizht ..... Southern N E Tel Am Hardware American Hoslery Am Brass Bristol Brass . Billings & “nencer Colt's Arms Eagle Lock LF &C N B Machine N&J .o Niles-Be-Pond com Peck, Stow & Wilcox Stanley Works . Standard Screw com oyille Mfg Co - & Hine Union Mfg Co | PLAN $10,000 DRIVE FOR NEW CLUBHOUSE Tocal Y. M. H. A. to Consider Ways and Means of Raising Money at First Mceoting. The first meeting of the New Brit- ain branch of the Young Men's He- brew onssociation will b> held this | #vening in the show room of the Lash Motor company on West Main street at 8:30 o'clock. The purpose of the maeting is to make pians for a drive for $10,000 among the Jewish people of New Britain for the establishraent of a club-house The Y. M. H. A, was formerly the Martinique club, having rooms in the Commercial Trust building. At the meeting tonight honorary members will be elected to the association. The active officers are David Nair, chairman, and Jack Nash, treasurer. It is planned to, have the drive for funds commence in September and last two months, or until the money is raised. There is a Y. M. H. A. in practically every city of moderate size in New Fngland and the need was felt for such an association in New Britain. There will be a convention of the national associations of the Y. M. H. A. in Portlan® Maine, on September 3, 4, 5 and 6 and delegates to that convention from New Britain will be elected tomorrow “-‘“‘3" BIG TAX COLLECTION July's Gain Over Same Month of Last Year Amounts to $293,303, City Re- ports Show, The collections at the tax collee- tor's office for the month of July sur- passed any similar amount of the past yvears, according to the report for July issued today by Tax Collector Bernadottea Loomis. The collections for Saturday alone totalled $362,- 108.29. The million dollar mark was reached at noon on Saturday and be- fore the office closed u total of $15 000 was added to that amount. The tolals for the month were as follows Taxes, $1,147 2.82: sewer, $1,758.47; street improvements, $450.83: street sprinklinz, $7.385.25: total for month $1,157, These figures give the same amounts taken in in July 1919. Taxes, $851, 689.05; sewer $3,505.93: #t.reet hhaprovement, $1,5 .63; street sprinkling, $7.250.86, total $864,053. The gain for 1320 over 1919 was NEW IRISH BILL Without Jury and Give More Powers to Military Authorities. London, Aug. 2.—The cabinet at today's session is reported to have virtually eompleted the new Irish bill, providing for trial without jury in Ireland and giving the military and police wider powers for apprehending suspected persons. The inabllity of the zovernment au” thorities to arrest criminals and obtain juries in south and west Ireland caused the breakdown of the crown ,forcing the govern- ment, officials stated, to resort to juryless court system. The crown will appoint the high justice and court officials who will sit ondy in Dublin to obviate possibility of Attack iIf court sessions were to be held in remote localities. BOYS CLUB ON HIKFE. Leaving this morning at 9:30 o'clock, several members of the New Britain Boys' club, left on a hike to Southington. They went by way of the Shuttle Meadow mountain, E. Burlingham Shurr was in charge of the troop. The boys ecarried with them a new tent, recently purchased by the club that will shelter them in care of a storm On the hike the boys will gather specimens for their museum. Next week ther will leave a three nights' camping trip to nsington —_—— PRINT PAPER CONFERENCE. Washington, Aug. 2.—A forestry snd print paper conferepce will be held at New London, New Hampshire, 25, and 26, it was announced today by the American Forestry As- soclation. Both the United States and Canada will be represented The ug. 24 | meeting will be under the auspices of the society for the protection of New Hampshire forests. MEAT HAS DROPPED, Chieago, Aug. 2.—The wholesale price of beef declined throughout the €ASt an average of ten to 15 per cent between June 26 and July 24, the American Institute of Meat Packers announced today. The decline in the ter than in the H cIryY ITEMS T. J. Quinltvan has been awarded the contract to do the plumbing work at the new =xchool to be built in East Bristol. The contract was awarded by the school board of Bris- tol. Mr. Quin formerly plumbing inspector. George W. Corbin mandery, P. O. 8. of A, night at 277 Main street with W liam L. Bower of Brooklyn presid- ing. After the meeting there will be a watermielon cut. All members are requested to attend in uniform. Konstin Mikulskas has attached the property of Juliana and Leopold Klatt at 300 East stieet to the value of $2,000. The feat of St. Rocco will be cele- brated by the Italians Catholics on Sunday, August 15, by a solemn high mass at 10:30 in the morning vespers and a sermon in English and Italian by Rev. J. Leo Sullivan in the even- ing at 7:30 o'clock. John and Sephie Burlowick have #old land on Broad street te Walenty Scibek. Joseph Battaglia has sold property on Hillhurst street to Cus- tode Fallett. Morris Witkin has sold land on EIm street to Harry Starkie. Berlin Fair Grounds™ sold out in four da people with exceptional Post Com- will meet to- nearly half New Britain foresight, realizing the commercial value of this | property and how quickly it will grow | under the progressive development of The Bodwell Realty Co., New Britain’s live wire developers, were largely rep- resented among the first seventy pur- chasers. A blacksmith shop already under construction and one house to be started this week. Twilight sales until § p. m.—Advt. Esther MacArthur of the War Bureau office has resumed her duties after a two weeks' the shore at West Haven. Miss Mary Donohue is spending the month in Sheffield, Mass. H. R. Day is spending cation at Hoosick, N. Y. Mrs. Edward Dobson of street spent the week-end at her home here. She is spending the summer at Walnut Beach. Mr. and Mrs. Frank Ehields re- turned today from a week’'s vacation spent at Momauguin. Mrs. C. B. Dewey is spending two weeks' vacation at Indian Neck. M. J. Lake is spending a vacation at Indian Neck. Dr. R. A. Wooding is spending his vacation at Old Orchard, Maine. Miss Grace Murphy is spending two weeks' at Old Orchard. Maine. David Morse is at Indian Neck for two weeks. Mrs. B. Nesbit for two weeks' vacation F. N. Wells is spending his toin in Oakland. Maine. August Johnson is at for a week William Gritzmacher the month at Clinton. Miss Stella Johnson at Bluffs, Mass., for two weeks. Edward F. Hall and family spending two weeks at Shelton. Misses Anna and Pauline Richards have returned froma their vacation spent at Westbrook. Mrs. Mary Wells her sister Mrs. mont, Mrs. F. R. Coombs and daughter Ruth of Black Rock avenue have &one to New York where they will visit friends for a few days. Dr. E. R. Coombs has left for Lonz Beach where he will spend a two weeks' vacation. H. Demarest has reiurned from a week s vacation spent at Iine Grove Warren Slater, physical instructor at the Y. M. . A, has left on his annual vacation. He will be absent for a month. Charles Law of the New Rritain Trust company has gone to Indian Neck for a two weeks' vacation. W. E. Attwood and family spend the next two weeks at Binfls enfoying their vacation Mr. aid Mrs. Noah l.ucas xkone to Edgartown, A they wi!l spend their summer ‘ion. Mrs. Amelia Schultz of 220 East Main street, spent the week-end with friends in Ansonia. Mrs. Rose Delaney and son Charles, spent the week-end at Colchester, Mr. and Mrs. Anthony Litvinius of Ansonia. were the guests of Mrs. Bar- bara Schultz of 210 East Main street over the week-end. Rev. Walter McCrann of St. started his annual vacation this morning. Rev. William Krause re- turned yesterday after a week's vacar tion Walter Pohiman. meter reader the water department. is enjoying his vacation for two weeks. Charles E. Russell has home from his vacation Westbrook Francis Vater has returned from a vaeation spent at Block Island. Miss Anna Price of Pearl street, h--' returned from a trip to Niagara Falls Helen Blank spent in Providence. David Ellison has returned week at Asbury Park, N. J. Deaths and Funerals. Mrs. Lavina Taggart. The funeral of Mrs. Lavina Tag of Kensington will be held this even- ing at 7:30 at the B. C. Porter dertaking room Furial will be Amsterdam, N. Y 10 days’ va- vaca- Short Beach is spending Windover Cottage in is Oak are is visiting with Buttericks of Wood- will Oak have where vaca- Mary's spent at the week-end from a un- in _ CARD OF THANKS. We wish to express our most heart- feit thanks to kind neighbors and friends for their assistance and sym- | pathy during the illness and at the death of our beloved husband and father Edward Sandquist. We are particularly grateful to those who contributed flowers and to shopmates in Dept. 48 Corbin Cabinet Lock Co. MRS. EDWARD SANDQUIST AND FAMILY. o vacation spent at | = | Stanley is at Shorf Beach | of | returned | MINISTER T0 TURKEY | Great Britain No Longer Sends an Ambassador—Sir William Grenfell Max-Muller Is New Appointee. Constantinople, July 30.—Sir Wil- liam Grenfell Max-Muller, the newly appointed British minister to Turkey, is expected at Constantinople shortly. Because of the greatly lessened im- portance of Turkey, with her smaller area and population, and because of Irer being placed under international control, Great Britain is sending a minister, not an ambassador. The other European powers are expected here to follow suit. Entente high commissioners are holding conferences daily preparing plans for the enforcement of the peace treaty. It is not regarded here as that the American naval strength will be reduced under the conditions re- Tuling from the signing of the peace . 4 EXPERTS OPTIMISTIC Think That likely Military Mcn in France Poland and Soviets Will Come to [ 5 Peaceable Agrecment. Paris. Aug 2. —Military here still view the Polish optimistically, reports received dicating the soviet cavalry advanced, being still about from Warsaw. Other favorable developments were the action taken towards re-consti- tuting the Polish army, including the replacing of Gen. Menjewsky by Gen. Haller; the activity of the southern army, which is counter-attacking with zood results, and the regular arrival of great guantities of munitions from Danzig. The principal menace to the Poles at present is considered to be at the center of their front, where large concentrations of soviet troops are reported. $39,000 RACING STAKES experts situation in- Grand Circuit Will Come to Charter Oak, Sept. 6th to 10th—Twenty Races on Card. Hartford. Aug. 2.—The Connecticut Fair association today announced the program for the Grand Circuit races at Charter Oak Park the week of | Labor Day, September 6 to 10 in- clusive. The purses, which include the $10.000 Charter Oak stake for 2:12 trotters, to be decided Thursday, eptember 9, aggregatc $39,000. There are 20 races on the program, four events each day of the meeting. Entries will close August 23, RAISINS AT AUCTION 150 Carloads Sold At New York— Prices Range From 22 to 21 Cents Per Pound. New York. and fifty carlo: Aug. 2.—One hundred ds of raisins owned by the California Associated Raisin Co. were sold at public auction at the Mercantile Exchange here today. Prices ranged from 22 to 24 cents a pound. The sins, where are for October delive were sold as a re- sult of contentions by the federal trade commission ‘“‘that the comipany had been charging more than a fair and reasonable price for its risins.” Cheap Clothes Leave No Profit For Tailor | Bridgeport, Aug. 2.—B. H. Harri- son, a tailor of Fairfield avenue, who had a plan by which working people were supposed to obtain suits for $10 and $15 each, today filed a petition in bankruptey with Judge Keogh with apparent liabilities of $17,000. As- sets are not stated. There arc some- -thing like three hundred creditors. | Armed Bandit Visits i Church; Takes Collection Minneapolis, August 2.—An armed ‘ bandit heid up the Gamillus Ghesad | synagogue here shortly after services had been concluded last night and es- caped with $400. The money had been collected at the services for loans ‘o the poor and members of the syna- gogue had just finished counting it when the bandit entered, fired a shot, scooped up the money and fled. Fear American May Have Been Murdered Washington, Aug. 2.—Disappear- ance of Jose Bruzas Perez of San Antonio, Texas, following a confer- ence with Francisco Villa, the Mexi- | can rebel chief was reported to the state department today by the Ameri- can consul at Chihuahua. Perez, whose wife says he is an American citizen, is known to have visited Villa | May 20. Villa is said to have iccused Perez of having robbed him ordered the visitor taken away. Friends of Perez fear he was executed. CEE————————— TARRANT & HAFFEY UNDERTAKERS | 33 MYRTLE ST., East End Office, 153 Jubilee St., Tel. 1451-2 Lady Attendant—Free Use of Parlors Orders Taken for Upholstcring. | Tel. 1623-2 Any Hour, Day or Night FUNERAL DIRECTORS Andrews & Doolittle, Inc. THE FUNERAL HOME Office and Parlors 15 Walnug Street. = | | AWAITING VERDICT 20 Members of Communist Labor Party, Tried in Chicago, May Know Their Fate tonight. Chicago, Aug, 2.—Twenty members of the communist labor party on trial since May 10 on charges of con- spiring to advocate the overthrow of the government by force, may know their fate by tonight. Frank Commer- ford, special assist. attorney, in re- suming final argument today, defend- ed the law against seditious utterances and attacked the defense's plea for free speech. 18 HOLES IN 86 Mrs, Barlow of Chicago and Miss Collett of Providence Tied for Medal at New London. New London, Aug. 2.—Mrs. Roland Barlow, of the Merion Cricket Coun- try club of Chicago and Miss Glenna Collett of Providence, one of the youngest amateur golf players in the country, tied for the 1920 medal in the qualifying round of the national women’s championship golf tourna- ment plaved on the links of the Shenecossett Country club at Eastern Point today. They covered the 18 hole course in 86. The tie will be played off after the tournament. SAVED FROM DROWNING Local Woman Falls Into Grand Lake at Willimantic While Reaching Out of the Boat for Berries. Through the alertness of Maurice Cotch, Mrs. Israel Adelman of No. 101 Winthrop street was saved from probable drowninz when she was pulled out of Grand l.ake near Willi- mantic yesterday afternoon. Mrs. Adelman was out rowing with friends and nearing the shore, she attempted to reach out to pick some berries that were growing on a bush. She leaned too far out and fell into the lake Cotch dove in and succeded in pulling her to shore. Mrs. Adelman is the wife of Israel Adelman who conducts a grocery ore at No. 101 Winthrop street, and is spending her vacation at Williman- tic. Boxing Commissioners Will Hold An Outing Bridzeport, Aug. —An outing of the boxing commission of the cities of | the state will be held at Cosey Beach, East Haven on Wednesday, and the Bridgeport commission will present for discussion a bill for a state com- mission to be presnted to the next leg- islature. Interstate Body Now Controls Mackay Cos. Washington, Aug. 2.—By an issued today the interstate commerce commission assumed jurisdiction over the Mackay Companies known as the Postal Companies and the Commercial Cable Co., and ordered them to file annual reports beginning with 1917 and to make full statements of their books and records.. The Mackay Com- panies had previously refused to make reports to the commission or furnish their records for inspection. order [RICHTER & COMPA | Members New York Stock Exchange. 21 WEST MAIN ST. NEW BRITAIN, Stanley R. Eddy, Mgr. Telephone WE OFFER— 30 Shares Hart & Cooley. 50 Shares Landers, Frary & Clark. 50 Shares North & Judd. 50 Shares Stanley Works. 50 Shares New Britain Machine. WE OFFER NEW BRITAIN MACHINE 8 FERRED STOCK. JOHN P. KEOGH Mcmber Counsolidated Stock Exchange of New York. STOCKS BONDS Direct Private Wire New York to Beston. G. F. GROFF, Mgr.—Room 509, N. B. Nat'l Bank B STEAMSHIP TICKETS ALL PARTS OF THE WO Where a Steamship Sails We Can Book| 1 GEO. A. QUIGLEY, 297 i New Britain, Conn. | Large enough to protect you DEPOSITED IN OUR SAVINGS DEPARTMENT On or Before the 3rd of August, Draws Interest From the Ist. & The Commercial Trust Ce 274-276 MAIN STREET Open Saturday Evenings 7—9 P. M.