New Britain Herald Newspaper, February 19, 1921, Page 11

Financial | 1L STREET STOCK CHANGE REPORTS \Wall Street, m 30 A. M.- Salling ot 19 and shippings in very large vol- 4 was resumed at the opening of ny's short stock market session Ithin the frst fow minutes losses of to 6 points were registercd by Roy- Dutch, General Asphalt, Mexican 't., Pan-American Pet. and Atlan- ° Gult and West Indies. The latter 40 3-4 established a new low iotation for the current movement otors and their subsidiaries wera er, as well as leathers and rail- y equipments. Ralls reflected sup- prt especially coalers and trans- itinentals. Exchango on London nchanged from yesterday's set is made free use today of fur- pfavorable developments af- % the ojl and shipping stocks o from Mexico precipitated de- ines of 1 to ¢ 1-2 points In Mexican t., Pan-American FPet. and various estic and Kuropean issues. tic Gulr pdded 5 1-2 points to yes- day’'s severe break. The entire t becamo unsettled, steels, equip- nts, motors, leathers and textiles ing 1 to 4 points. In most in- noes lowest prices of the week re made. Ralls were compara- ely strong but trading in that group # nominal. Irregular rallies on Ft covering marked the later deal- ®. The closing was heavy. Sales proximated 400,000 shares. (New York Stock Exchange quota- bns furnished by Richter & Co., nbers of the New York BStock change.) High. Mg LT Ll 20 Car & Fay..123 Cotton Of1. 223 - Locomotive. 541 It & Ret 425 Ref com 943 matra Tob 874 Tel & Tel.,1001; Tobacco ...120% Woolen ... 66 jnaconda Cop 39y tch Top & 8 ¥ 8234 Guif & Wt I 64% ldwin Loco .. 903, ItI & Ohlo... 24% th Steel B... 67% kn Rap Tran 12% An Pacific ....116% ent] Lther Co. 36% & Ohio ... 60% i Mil & St P. 3 | Rk Isl & P 2 fhile Copper .. ino Cop .... ol Fuel & Iron orn Prds Ret. Buctbla Steel . 9 ba Cane Sug. 2 dicott-Johnson 603 o . 11 ton, W & W 2% nl Eloctrie ..131 al Motors. 1414 . h (BF) Co 38 BeMution Cop. 35 erbor Con pfd 13% nt Mer Marine ,..-._ t Mer Mar pfd 63 At- ,(.ollu Arms . Low. Closo. ‘ Plerce-Arrow .. Pitts Coal Ray Con Cop. Reading . /.. Rep I & § Royal D, N Y.. Sinclair Ol Ref. 2 So Pacifie K ~n I(nll‘n haker Txxuu (& Tex & l| 5 To’mm o Prod . scont Oil . 1 nion Pnoific ‘ United Fruit ..1067% United Retail St 6613 U & Indus Alco. 70 U 8§ Rubber Co. 697 U 8 Steel ..... 83% Utah Copper ... & Va Car Chem Willys Overland 7% LOCAL STOCK MARKET TODAY (Furnished by Richter & Co.) Bi Alk’.] Hf{d Elec Light 12 Southern N E Tel 1“0 Am Hardware 142 Am Hoslery .. 90 Am Brass .. 192 Bristol Brass . 6 20 ! Billings and Spenc S0 46 . 10 Eagle Lock 5 55 lLanders Frary & Clark 6 N B Machine .... Niles-Be-Pond com North and Judd Peck, Stow and Wilcox . ! Stanley Works ........ Standard crew Bcovill Mfg Co Traut and Hine .... Union Mfg Co ! ! | | REDUCES OPERATIONS Isnnu-nl Oil Company Confirms Re- ports that Fields in Tampico Dis- trict Are Not So Busy. New York, Feb. 19— tives of the Standard Oil company of New Jersey today confirmed reports that the company has reduced its operations in the Panucco fields in the Tampico oil district in northern Mexico. It is understood that the oil supply in that section has gradually dwindled to the point where further development of the concession is no longer profitable. Company officials denied reports that the reduction in the company's operations involved anything like $8,000,000. That figure was s2id to ho‘ 8ross exaggeration. SPANISH CLUB MEETS. High School Organization Gives Play in Language That It Is Studying. The Spanish club, an organization of High school students who arc studying under Prof. A. Guiliano, held {a valentine social in the auditorium and gymnasium at the Iligh school last evening. The members were welcomed by Prof. Guiliano and there ““The Joke™ was a feature of the eve- {ning. Thé Eymnasium where danc- ing was héld was decorated in Spanish colors and Japanese lanterns. There were booths for the sale of lemon- | {ade and confetti, lending the carnival | atmosphere so dear to the Latin heart. About 200 were in attendance. CLEARING HOUSE REPORT. Exchanges .$625,286,266 66,460, |so ABetter Than 5% Investment We present herewith last night's quo- tations for U. S. Liberty Bonds: 1st 4 1-49%, at 8748 To Yield 5.08% 2nd 4 1-49%, at 86.92 To 3rd 4 1-4%, at 90.00 To 4th 4 1-49%, at 87.14 To Yield 5.26% Yield 5.84% Yield 5.39% Victory 4 3-4%, at 97.42 To Yield 5.89% New Britain National Bank —OPEN MONDAY EVENINGS— 49, on Savings Deposits Representa- followed | recitations and songs by members of | the club. A two-act play in Spanish | TRUST CO ks )UwE“m:_-. HAVE OUR EXPERT TAX SPECIALIST PREPARE YOUR INCOME TAX RETURN Commencing February 23rd, we will have a Tax Specialist to aid you in preparing your Federal Income Tax Return, or any state tax return you may'be required to file. No charge for the Service 'Phone for appointment. ' The Commercial Trast Co. | il CONNECTICUT | Every Financial Service and a Friendly Personnel NEW BRITAIN [RICHTER g 31 WEST MAIN STREET, NEVV B RITY STANLEY R. EDDY, Mgr. 50 NORTH & JUDD" 50 STANLEY WORKS 10 COMMERCIAL TRUST C JOHN P. KEOGH Member Consolidated Stock Exchange of New ¥ STOCKS BONDS Direct Private Wire New York to Boston. | G. F. GROFF, Mgr.—Room 509, N. B. Nat’l Gank Bl :L D. JUDD ¥. G. JUDD JUDD & C 23 WEST MAIN ST., NEW BRITAIN, CONNE(N Investments, Local Stocks Telephone We offer: 50 SHARES NEW BRITAIN MACH; COMMON is the return MOST BANKS THRUOUT THE STATE ! PAYING ONLY 49 OR 41,% ON SAVIN DEPOSITS AND MONEY DEPOSITED AFT THE FIFTH OF THE MONTH DOES NOT B TO EARN INTEREST UNTIL THE l-'lRS'l'f, FOLLOWING MONTH. YOU CAN HA YOUR MONEY EARNING INTEREST E YOU AT THE RATE OF 5% FROM DATE | DEPOSIT TO DATE OF WITHDRAWAL INVESTING IN OUR NEW CERTlFICATES DEPOSIT. ISSUED IN DENOMINATIONS OF - on this Form of Deposit ~ bt Niokel .... qu Paper . - Spgfld Tire 0! ocott Cop . 19 $500, $1,000 and $5,0 0 " INQUIRIES WELCOMED The Commercial Trust C¢ OPEN SATURDAY EVENINGS 7:00—9: EVERY FINANCIAL SERVICE AND A FRIENDLY PEBSON 'l'he Hartfod-Conechcnt 'l'ruxt Coupam Corner Main and Pearl Streets, * Hartford, Conn. Capntnl Sl 250,000, Su-plus Funds, $2,000,000.00 Deposit Boxes, $5 and upwards. ‘iefllelunt of Estates, Wills drawn without charge Foreign Exchange to all parts of the world. LETTERS OF CREDIT GENERAL BANKING Bank by mail. It is safe and saves time. Steel 56 h Valley . 54% Petroleum . 159 % lo tSeel. . 30% i Pac ... 18% ir Rrake. 89 Pentral 72 H & H. 20% & Wt, . 1047 fle e Saturday Evenings our Foreign Exchange We Advertise— “National Bank Protection for your Savings.” You will naturally inquire, tional Bank any different from any other bank?” Department is open from 7:00 o’clock until “Yhy?" “Why isa 9:00 o’clock in order that you may consult We will answer that question in a series of advertisements which will start in this space week from tonight. with our experts on sending money to Europe, buying Foreign Securities, or. in getting Travelers’ Checks. Make it a point to come In these we shall endeavor to place before you briefly some of the more important featu the National Bank Act and the Federal Reserve System and how benefits may accrue to you‘ a connection therewith. : We advertise for a number of reasons: We believe in the National Bank Syst' Wed in our bank; we believe what we say about it! we believe j will at least give some thoughtful eonsx}e’ranon to wha New Britai in Tonight.