New Britain Herald Newspaper, January 27, 1921, Page 11

Financial fTLL STREET STOCK CHANGE REPORTS Fall Street, 10:30 A. M.—Extremo linoss attonded the early dealings the stock market today, the nomi- trading disclosing the usual ir- ular mixture of gains and losses lyal Dutch soon rose 1 1-2 points it Asphalt advanced a large frac- , American Can, Vanadium Stéel, rnational Paper, People's Gas, peake and Ohio were higher by to a point. The heavy is- b included Atlantic Gulf, May De- ent Stores, Crucible Steel and Agricultural Chemical. Ofls also yielded to further Preliminary quotations tor @ ‘exchange indicated another day, the British demand rate mg a further advance to 1-4. its essontial features the market it dull and uncertain course nt days. After a further ad- in the European oils, especially Dutch and Shell Transport as more pool buying of Asphailt, rican Can, General FElectric and national Paper, the list began to off. Asphalt and Mexican Pet. among the first to weaken with in Loco., Studebaker and Repub- oel. Among the speciaities scnn--' ) lost three points and other llaneous shares fell 1 to 2 points. money market was unchanged call loans at 7 per cent. but the h rate of exchange made a further to $3.80%. were the prominent features of intermediate session, domestic is- howing a firmer tone on the or advance of Royal Dutch. Ship- and pugars also were 1 to 2 higher with secondary rails such r and Rie Grande pfd. and (inn, Texas and Mexico. 1n t Close.—There were no al changes in the Iater deal- other than the further strength ls and improvement in Pacific The closing was firm approximated 475,000 shares. jenn P— York Stock Exchange quota- furnished by Richter & Co., s of the New York Stock Low. Close. 381 35% a8 5% 20 318 121% 2214 "% High. “hal Mfg. 36 It & Ref 377 Ref com 94% tra Tob 80% 003% 120% 67 8% 0% 007% teel B ap Tran cific Lther Co Ohlo .. l'& St P 3 Isl & P opper op Gas . Ref Steel ane Sug. n Coal t-John pfad ... wew hetrie 2 o% - & P 34 2 & P Bl ANER S DN - for 20 Years From the gold bonds of a Oon- Southern Rail .... 22 Studebaker Co TR Texas Co .... 433 4314 TobiiProdh.c-- 221 66% YA oA Texas and Pacific . 19% 104 Trans Oil 10 10 Unton Pacifi 120 United Fruit . 106 United Retail Co . 56 U B Food I'rod U 8 Indus Alco .. U 8 Rubber Co U 8 Steel U 8 Steel pfd Utah Copper Va Car Chem Willys Overland LOCAL STOCK MARKET TODAY Asked 125 Bid .120 .102 105 .137 142 Htd Elec Lt Southern N E Tel .. Am Hardware Am Hosiery . 75 90 Am Brass .... . .180 190 Bristol Brass ..... B Billings and Spencer Colt's Arms .. . Eagle Lock . L F and C N B#Machine 0 . Niles-Bement Pond com 7 North and Judd ....... Peck, Stow and Wilcox Stanley Works ........ Standard Screw com Beovill Mfg Co ... Traut and Hine .. Union Mfg Co CLEABING HOUSE REPORT. ..3680.76 Exchange 2 63,258,959 Dalance LET BOYS DO WORK THAT IS OF SERVICE Rotary Club Speaker Discusses Wellare of Younger Generation —— The great business man welfare of Aduty of the American to today who has the mankind at heart and wishes to prove the greatest assist- ance to the boy of this age is “the finding of tasks for them (the boys) to do, the doing of which involves a service to their state,” said Dr. George T. Fisher, of New York, in speaking on ‘““The Boys of America”™ before the New Britain Rotary club and its guests, members of the Cham- ber of Commerce, at the second meet- ing of the club held in the Elks' din- ing hall this noon. As one of the prime purposes of the club is the advancement of civic welfare and one of its avowed intentions is the pro- motion of the welfare of the younger generation, Dr. Fishet's talk was as timely as it was Interesting. About 50 members and guests weré present at the meeting. Boy Scouts Aid During the luncheon a group of lo- cal Boy Scouts served as aids, being in chiirge of introducing those present and acting asx song leaders for the older men assembled. They were dressed in their uniforms The meet- ing was called to order, after lunch, by President Leon A. Sprague, who announced that the by-laws of the new organization required a certain number of committees be chosen. He was empowered to do =o. ) Dr. Fisher Talks \ Dr. Fisher, who was chief scout executive of the National Boy Scouts waas then introduced and he proceeded with an appealing dissertation of the psychology of the youngster, {llustrat- ing many of his points by entertain- ng narratives of youthful escapades. The burden of his appeal was to the effect that more attention should be paid to the coming generation by grown-ups and that their duty to the nation be so accomplished that it would conform with the psychology that he outlined and not to a system of making the boy do tasks that were unfitted to him. It is by the careful nurturing of the creative and acquisitive instincts in youth that we may expect to ac- complish the most. The pride of ac- complishment, the wish to do is In every boy and these instincts may be guided into proper channels by wane leadership, The men should furnish that leadership, he said. “Don’t do too much for the boys of ew Britain,” he urged, “but give them an opportunity to do for them- welves.' The president of the Rotary club announced late today that he had ap- pointed the following committees, ac- cording to the vote of the club: Entertainment and stunt commit- tee: John Lockett, Fred 0. Rackliffe, Eugene J. Porter. Membership committee: George . Dy=on. Fred H. Pease, A. A. Mills. Committee on boys; 1. B. Slade, Johnstone Vance, Rev. H. W. Maier. JOURNALISM DANGEROUS In Canton, China, FEvery Governor Has at Least One Editor Shot Dur- ing His Term. London. Jan, 27.—Journalism s a dangerous occupation in Canton, China, according to the correspondent there of the Central News. Quoting the Canton Times he says ‘“every military governor has had at least one editor shot during his term of office. Since the establishment of the re- public, numerous Canton journalists have been executed by official order 'SPANISH SOCIETY 1S NOW WEAKENING Want Night's Festivities to End at Midnight and Not Dawn Madrid, Jan. 27.—Some leaders of Spanish society are making a valient effort to introduce a soclal day which ends at midnight, instead of at dawn of the following day. At present the tendency in Madrid is to drive to- day into tomgrrow and society func- tions are gradually becoming later and later. Nothing begins hefore 6 o'clock in the evening, at hich house after- noon tea commenses and lasts till 8 o'clock. Theater matinees start at 6:30 or 7 and continue till 9:30 or 10. Dinner is taken anywhere be- tween 10 and 11:30. Meanwhile the main performanceg at’ the theaters and opera have opened, but the smart set never think of entering their stalls or boxes until the second act is well on its way, as one of their purposes in going is to be seen. When the performance is over at 1 or 1:30 a supper-dance follows, ending at dawn The acknowledged pinnacle of aristocra . the Duke de Alba, has set acainst this topsy-turvy- dom eed that his palace whi © central point for gather- in=- ot diplomats, scientists, artists ) politicians, shall never remain o after midnjtht. He is supported by Premler Dato, who also favors earlier hours and the Margquis de Ur- guijo, the billionaire banker, who finds later nocturnal hours interfere with his gigantic financial labors. GIFT TO MUSEUM Late Empress Magnificent Institution Which Treated Her Cordially. Bugenic Bequeathed Jewel to Paris, Jan. 37—The exeoutors of the will of the lmte Empress Eugenie up- on opening the document, found in it a small sealed package marked ‘For the Carnavalet Museum,” and contain- ing a magnificens jewel representing the arms of the city of Paris. When the Empress Eugenie visited Paris in 1913 she spént an afternoon in the museum and was so touched by. the affectionate and cordial welcome she received that she promised that she would remember the museum in her will. This museum {s largely a municipal rather than a national coi lection and the Empress desired in this way to express her affection for the city of Paris. ORDER HELD UP. [hicago, Jan. 27.—By a decision of the U. 8. Rallway Labor Board here today notices of wage reductions on the Atlanta, Birmingham and Atlan- tic railroad which were to have been effective February 1, were ordered rescinded. The board in making this decision decided that the railroad companies must present a petition before the board before any reduc- tion is made in employes’ wages. Eggs are lower, Russell Bros.—advt. Foreign Exchange Dept. INVESTIGATING FIRE Authoritics Hear That New Fire May Have Been Started By Sparks From KElevator Motor. New Haven, Jan. gation of reports { dollar fire here Tuesday started from sparks from a motor which operated the elevator in the Mendel and Jreed- man department store, was begun today by Fire Marshall W. B. Perkins. He summoned the store electrician and one of the janitors for examina- tion. -An investi- tthe million COAST MOUNTAINS MOYING Strain on the Earth Rcported by California Scientist Berkeley, Cal, Jan. 27.—The mountains of the coast range in the vicinity of San Francisco are moving slowly northward, causing enormous earth strain and producing rebound in one of which Mount Tamalpais jumped back 6.6 feet, according to Professor A_C. Lawson of the Univer- sity af California in a geological bul- letin, made public today. Tamalpais moved northward 10 feet between the vears of 1834 and 1906, and then hopped back 6.6 in 1906, at the time of the San Andreas slip, which caused the great earthquake of ' that yvear, Professor Lawson asserted. Mount Hamilton, near San Jose, he said, moved northward at the rate of 4 feet a year from 193 to 1903, but after u sudden shift in that year continued at the rate of 2.2 feet. Great Beaths and Funerals. Carlos M. Lawrence. The funeral of Carlos M. Lawrence of East Berlin will be held from his | late home on Wilcox avenue toda 2 o'clock with services at the Mortuary chapel in this city at Burial will be 'in Fairview cemetery. FIRE DEPT. IS BUSY Engine Company No. 6 was called to the Towers Brick company this aft- ernoon, to cxtinguish a blaze in a pile of iumier, caused by zp: s froin a passing locomotive. The damage will amount te about £10C. Tngine Com- pany No. 4 was called 1o Jerome street for a fire in a pile of brush. LESS WHEAT ON HAND. Washington, Jan. 27.—Wheat stocks on hand in the United States, Jan. 1,1 1921, totalled 320,000,000 bushels according 'to an estimate made public today by the department of agricul- ture. This figure compared with 147,- 000,000 bushels on hand a vear ago. \ SPECIAL NOTICE | The Woman's Home Missionary so- ' ciety of the First church will hold its regular meeting at 30 Friday , afternoon. The society glad to | make or recover comfortables for those who wish such work done. Haven ! NUARY 27, 192r. $400 PAID IN FINES Four Ansonia People, ¢ ged with Violating Liquor Laws, Contribute to General Coffers. Ansonia, Jan. .—¥ines and costs aggregating $400 were imposed in city court this morning on four per- charged with illegal liquor sell- ing. One appeal was taken, bonds being fixed at $200. These cases were the result of a raid by state police here last Saturday and had been con- tinued from Monday. EXECUTOR NAMED Boardman, Yale, Class of 1893, Will Have Charge of Carrying Out Terms of Robert Judsen's Will. New Haven, —The Yale Corporation has Jan. appointed class of 1893, as an executor of the will of the late Robert M. Judson of | New Canaan, who left the bulk of his million dollar estate to Yale univer- sity. The will named two executors and directed that the university name a third one. Eggs are lower, Russell Bros.—advt. PROF. ROGERS RESIGNS Will Sever His Conncctions ulty Members at Yale University Taw School. New Haven, Jan. 27.-—The resigna- tion of Prof. Henry Wade Rogers as a member of the faculty of the Yale law school has been agcepted by the Yale corporation. Préf. Rogers was formerly a judge of the federal court and had served as dean of the law school. He reaches the retirement age this year. {TO REFUND ALL WARTIME FINES l“ill Would Reimburse Soldiers, Sail- H ors and Marines. Washington, Jan. 27.—A bill to refund all fines imposed on seoldier sailors or marines during the war pe- riod where the offense was less than a felony, was introduced yesterday by Representutive Mason, republican, Illinois. It would provide for review of all war-time felony cases by the judge advocate general's department and | asserted that “‘there wuds a monstrous and unparalleled infliction of petty court-martial penalties with fines, imprisonments, indignities and pun- ishment all out of proportion to the magnitude of the offenses efther proven or charged.” Fresh 75¢ doz. Russell Bros. davt. eges, JOHN P. Memnber Consolidated Stock Exchange of New York, by A KEOGH STOCKS BONDS Direct Private Wire New York to Boston. G. F. GROFF, Mgr.—Room 509, N. B. Nat'l Gank Bldg.—Tcl. 1012 3 We transfer money for you to any part of the world at th e lowest rates. We open accounts in any foreign bank. For your convenience if going abroad, we have on hand a limited quantity of Foreign Cur- William : Boardman of Bridgeport, of the Yale | As Fac- rency, which you can secure to take with you. If you have any questions we will be only too willing to talk them over with you. Come In Saturday Evening 7 to 9 o'clock. BB 23 WEST MAIN ST., Investments, Member New York Stock 4431 WEST MAIN STREET, NEW 1 % STANLEY R. EDDY, Mgr. NEW BRITAIN, CO! Local Stocks elep We Will Buy . : 100 Shares Stanley Works | NEW BRITAIN NATION!/ Under and Federal Reserve Bank RGANIZED 18 Gco United States Government Supe 4% on Savings D Total Resources Over $5,000, The Hartford-Connecticut Tre Corner Main and Pearl Streets, H Capital $1,250,000. Safe Deposit Boxes, $5 and upward Settlement of Estates, Wills drawn Foreign Exchange to ali parts of LETTERS OF CREDIT Bank by mail. It is safe and Surplus Fund GENER _TRUSTCO, ) KEWEBFTAN Gy, Follow Suit: The man of clear visio! . inwesting his money in our | Certificates of Deposit. Fall in Line. Issued in Denominatio b of