New Britain Herald Newspaper, February 21, 1921, Page 11

.Financial JALL STREET STOCK CHANGE REPORTS Wall Street, 1:30 p. m.--Aunnllcl W and several other leaders made ther recoveries during the Inter- diate session but the tendency in main was towards additional de- ssion. Conspicuous featores of akness included Mexican Pet, uston Ofl, United ¥Fruit, Interna- nal Paper, Sumatra Tobacco and riean Agricultural Chemical at 2 point declines. Wall street close—Leaders wero | porarily benefited by the drop all money to § per cont but prices again lAter when pressure concen- ted in the coppers. The closing vy. Bales approximated 850.- -, — New York Stock Exchange quota- ns furnished by Richter & Co.. mbers of the New York Stock hange.) High. Low. Ciose.’ 351, 3f 48 20% Fdy.124 Cotton Ofl.. 22% Yocomotive. 84% Smit & Ref 42% Sug Ref em 93% Sumatra Tob 85% Tel & Tel. . 100% Pobmeco ...120% Woolen . 8% 2% i 9% 4 5T%h 18-Chal Ffg. Beet Sugar. 4an 02001188 31% 80 27T% MY 12 Mil & St P ™ &P 'o'pur . lcey .... 22% } Fuel & Iren 28 Gas ... 80Y m. Ret.. 70% Bteel . 94 ¢ Sug. 24 Horn Coal. 10% dioott-Johnsn 13 % B s 100 o, W & W 2% n Electric ...131% n Motors 14% od (BF) Co .. 37% North ptd... 0% pir Coppet .. 84% erbor Con.... 4% Mer Mar .... 14 Mer Mar jfd 51% 16% 67 % 18% 55% h Bly Bpring Tire necott Cop.. k Steel .. gh Val b4 % well Motor . 6% x Potrol ....167% A Steel 30% Pac 18% Alr Brake ... 87 Y Centrmt .... Tl% Y, N H and H . 204 .103% 8 a8 Steel Car . Con Cop .... ding p 1 and 8 . DM Y o Ofl Ref .. th Pacifie th Rall debaker Co o9 23% % 2% bS8 43% 2% o3 8% 120 101% 04y, b 1'rod ns Ol .. on Paecific ited Fruit ted Retail St .. 5 Food Prod ... Indus Alco .. bber Co MEN ATTACK sol.mgm. Ikenny, Feb. 21.—A party of ed men attacked a group of ten lers last evening near the Capuchin Bory here. Two members of the at- ing party were mortally wounded the military contingent. One sol- of the defending group redeived ght wounds. OCAL STOCK MARKET TODAY (Purnished by Richter & Co.) B4 Asked 18 122 L104 106 L1387 1438 'd Flec Light .... b n N B Tel . rdware m Hoslery 'm Brass ristol Brass . lings and mno r pit's Arms .. . Lock . Frary & Cll.rl (-l | Herriek & Bemnett of N, HARDING HAS PLAN FOR TARIFF BILLS President-Elect Draiting Busy Program for Special Session Washington, Feb. 21.—President- elect Harding has approved a pro- gram of tariff and tax legislation for the extra session of congress com- prising two tariff bills, a temporary and a permanent measure with tax legislation sandwiched in between, Chairman Fordney, of thé house ways and means committee announced to- day upon his return from a confer- ence with Mr. Harding at St. Augus- tine. Mr. Fordney said his committee would turn its attention to the new program as soon as the pending emergency tariff measure was out of the way. There was sald to be some sentiment among committee members for re-enactment of the Payne-Al- drich law as a stop gap measure, that being the shortest possible way such a proposition could be handled in eongress. Mr. Fordney was inclined to favor such a proceeding although he felt that some of the rates were hot in proper relation to the present ' exchange situation. Many details of the program agreed will be worked out in the senate and ' house leaders and submitted again to Mr. Harding it is understood. In this connection Mr. Fordney saild that “‘we in congress will never have Mr. Hard- ing against us because we will reach an agreement with him on everything before starting on any legislation.” BROKERAGE FIRM FAILS Y. Ex- Change Fnds Careet Today—State- ment Issued—Conditions Blamed. New York, Feb. 21.—Falilure o the brokerage firm of Herrick & Bennett was announced today from the ross | trum of the stock exchange. The conéern comprises W. Wilson Herrick, floor member; E. Eversley Bennett, Frank L. Scheffey, J. H. B. Rebhann and Franklin W. Palmer, | de. The firm issued a statement assert- ing that “heavy unauthorized specula- tion” by certain employes ‘‘coupled with their studied fallure to have fa- | vored customers of theirs cover mar- gin calls’’ resulted in the suspension. The firm asserted it had no knowl- edge of the employes’ alleged action until Saturday, when one was said to have made “a clean breast ot It.” “The hasty and cursory exariina- tion of our books which we were able to make 6vér Sunday convinced us that the best course to pursue, having in mind the interests of all concerned, was to make a general assignmeont,” continved the statement. “Time, however, has not permitted us to ascertain the exact condition of 4 | our affairs, but we hope that our con- | dition is only temporary.” BUILDING AT STANDSTILL Bridgeport Carpenters Refuse to Ac- cept Wage Cut of $1 to 80c an Hour for Work Bridgeport, Feb. 21.—Building in this city is virtually at a standstill today, owing to the refusal of carpenters to accept the reduction in wages from $1 to 80 cents per hour, decided upon last week by the Bridgeport builders’ ex- change. Sixty-two carpenters left their work here today In protest against the reduction and in addition it is estimat- ed that 650 more are idle on account of the slump in building operations. Thess it is said will not accept work at the reduced rate. Eighteen carpenters, employed by contractors not members of the build- ers’ exchiange remained at work today, it was announced. — ] { Martinelli Victor records at Morans'. | —Advt. 1 Isabella Circle, Daughters of Isabela will hold a meeting this evening at 8 o'clock A full attendance is urged as plans will be completed for the | annual banquet to be given early next month, Miss Ella Ferguson, seoretary of the 8. & F. NMotor Service corporation who has been visiting in New York for the past week has left there for At- lantic City. ‘ Miss Mary O'Dell of 38 Beaver street is visiting with her brother Willlam J. O’Dell in New York city. Whashington anniversary dance at Meriden Armory Tuesday, Feb. 22— Advt. Mrs. Charles E. Mitchell of 64 Rus- sell street, is recovering from a serious illness. Because of the starm vesterday, services at the Swedish Lutheran church were not held. Mary Miles Minter, Harold Llovd, Palace tonight.—advt. K. OF C. MEMORIAL Memory of Rev. M. J. McGivney— | —To Be Built By Sheridan Council. | in Waterbury In‘ Waterhury, Feb. 21.—A Knignts of Columbus home which is to be a memorial to tte Rev. Michael J.| McG:ivney, founder of the order, is to be erected in this city by Sheridan Council, K. of C. The founder was born 'n this city and his burial took place here. The si‘e for the propos«l home iz located on Prospect strest and was purchased today from the cerporation of Trinity Protewstant #piscopal church. BSheridan Coun«il wilt erect there a lrige and mudern | club house for the usc of K. of : BOXER HELD I ('hnrzed with Withbholding Mother's Share from Rout in Which Som Met His Death. | Kolh Jersey €ity, Feb. 21.—James Kolb of Newark was arraigned today charged with withholding a ring purse of $1,000 from the mother of the late boxer whom ha managed— Raymond McMMllan, known in fistic circles as ‘“Mickey Shannon—who | died from a blow received in a bout last December with Al Roberts. Kolb denied the charge, brouzht by the boxer's brother. He said the mother's share of tho bout in which her son was injuréed fatally, was only $128, after deducting commission and expe , and that it had been paid. | He held in $1,500 bail. Deaths and Funerals Mary Halpe. Mary Halpe died yesterday after- hoon at the home of her mother, Mrs. Rudelph Heine, ¢f Howard street. The funeral will be held at St. Peter's church on Wednesday morning. AMPHION ALUMNI TO MEET. The bi-monthly meeting of the Am- phion Alumni association will be held In the Academic building of the High school tomorrow evening. The meeting has been called for 7:30 o'clock and all members are urged to be present as the cast for the first three short plays to be presented will be announced. l ! ! NOT 10 INCREASE SALARIES the Vice-President and Speaker nl' House of Representatives Gillett Opposes Unless Others Get Raise. | Feb. 21.—The vice- sneaker of the house wary increases. | Benate an its 1o the legislk tive appiobriation bill to increase their salaries from $12,000 to $15.000 have been stricken from the bill by the conferees. It was said that Speak- er Gillett opposed the increase be- cause it applied to him alone with- out giving increases to other house members. Washington, president and are not 1o o« Dublin, Feb. 21.—A military patrot of crown forces was ambushed last evening near Lilbrack by 70 men arm- ed with bombs and rifles, it was an- nounced in an official headquarters statement today. One officer and three soldiers were wounded. 1 | | prayer books and hymnals ;l'flused him to be committed to CHARLES M. SCHWAB AFTER INFORMATION—Charles M. Schwab at the rail of the Aqui- tania on the way to England, Franca and Italy. He's after first-hand #h- formation on industrial and financial conditions and may have something to say about disarmament when he returns. BOOZE VS. HYMNALS America With “Dry” Ships Cannot With Furope’s “Wets” Blaine Tells Board. Feb. Compcete Washington 21.—Soft drinks, in salons of American ships won't fill the passenger lists, K, Seattle chamber of commerce, clared today at the shipping baard | conference on trade routes to the Orient. “I am not a drinking man myself,” Mr. Blaine said, “but I would not | g0 on a long trip on the high seas in | @ dry vessel, and there are lots of ATTEND MEETING OF BANKING CHAPTERS President Sprague of Local Institu- tion, Present at New York Conference. President L. A. Sprague of the New Britain Chapter of American Institu- tion of Banking, returned last night from New York, where he attended the annual meeting of the New York chapter, at the Pennsylvania Hotel. The meeting was held Saturday after- noon. There were more than 1,400 delegates attended, and some 100 chapters were represented. The pres- ident of each chapter held a confer- ence Sunday afternoon. President Sprague made arrangements with Na- tional President, Stewart Bechley, of | Dallas, Texas, to speak at the annual meeting of thé local chapter to be held here on the evening of March 11. There are 393 members in the New Britain chapter and courses in ecle- mentary banking are given on Tues- day and Thursday nights of ecach week. There are 54 enrolled in these classes. Mr. and Mrs. Sprague were the guests of the New York chapter at the Pennsvlvania Hotel. H. S. Instructor Would Have Unemployment Fund A pleasing response was given to the invitation extended by Prof. Guillano at the High school to attend a Valen- tine party Friday evening at the model apartments of the school, the proceeds of which were to go to the ! unemployed of the city. The professor who sponsored the event is considering stereopticon slides. Francis Fleityre, for a new fund for those out of work, and has taken up the matter with | school and civic authoritleg. ! | 1 the | i F. Blaine, | de- | other Americans who feel that same | way, so something must be done.” Japanese and British companies are putting bigger and faster ships into | service from Vancouver to the Far East, Mr. Blaine said and the board “must not only call, but has got {o raise once in a while” in the games for passenger trafile if it wants Amer- i icans to patronize American ships. EGAN WANTS DIVORCE Former Local Man Claims His Wife Had Him Wrongfully Committed to Asylum for the Insane. Under~his claim that his wife the State Hospital for the Insane while he was in reality of sane mind, Thom- as F. Egan, formerly of this city is suing Mys. Esther E. Egan, his wi#, for divorce. The plaintiff is living in Meriden. The case is re- turnable before the superior court at New Haven on the first Tuesday in March. Mrs. Egan was formerly Miss Esther Dainton of Meriden. Egan was committed to the asylum in July, 1915, and remained at that institution for two years. He was released in 1917. They were married in Meriden in 1899. now H | { | | Harding had Mr. Music of Troubadours, Lecture Theme Tonight Dr. Jean Beck will lecture on ‘‘The Music of the Troubadour and Trou- veres’' at the Grammar school hall this evening at 8:15 under the auspices of the New Britain Musical club. His talk ‘will be illustrated by primitite instruments of the 13th century and« stereoptican slides. Francis Fleityre, violinist, will assist Dr. Beck. The lecture is open to members of the club and friends. ’ CAUGHT IN NEW YORK. Kazrina Chernefski, of 328 Church street, aged 14 years, was picked up Saturday night in New York by the police. She is wanted in this city for alleged theft. A member of the local department will go to the metropolis | tomorrow to bring her back here. 1§ SECRETARY UNDER HUGHES Fletcher, Former Ambassador to Mexi- I Selected to Be First Assismnt Under Harding Appointee. Washington, Feb. 21. (By the Asso- ciated Press.)—Henry P. Fletcher, former American ambassador to Mexi- co, is to be under-secretary of state in the Harding administration. The tender df the position to Mr. Fietcher, who is here after spending considerable time in Florida with the president-elect, was made through - Charles E. Hughes, whose selection as secretary of state was annouhced Sat- urday by Mr. Harding. Formal accept- ance of the position offered him is sai¢ to be planned by Mr. Fletcher im- mediately. According to co, information here Mr. Fletcher in mind for service in some diplomatic capacity | and in selecting him for under-secre- | tary of state consulted Mr. Fletcher's wishes. There have been reports that Mr. Fletcher might bé named ambassa- dor to Tokio but his selection as under- secretary is said to be definite. Mr. Fletcher who is a Pennsylvanian has been in the diplomatic service for many § serving under the Wilson administration until recently when he resigned. 'Hall, Member New York Stock Exch 31 WEST MAIN STREET, NEW BR STANLEY R. EDDY, Mgr. 50 NORTH & JUDD 50 STANLEY WORKS 10 COMMERCIAL TRUST JOHN P. KEOGH Member Consolidated Stock Exchange of New Yo STOCKS BONDS Direct Private Wire New York to Bostom. F. GROFF, Mgr.—Room 509, N. B. Nat’l Gank B L. D, JUDD JUDD 23 WEST MAIN ST., NEW BRITAIN, Investments, Eocal Stocks . We offer: F. G. JUDD GC 50 SHARES NEW BRITAIN MACHE COMMON. @homson, Ifemn & New Britain National Bank Building, New Britain. < THL. 2580—2581. ° 10 Central : Hartford Conn. | We take pleasure in ann‘ouncing that f MR. DONALD R. of our New Britaim have the facilities of Private Wires to Hartford, New Chicago and other important exchanges. LOCAL SECURITIES Has been appointed manager BONDS WASHINGTON OBSERVANCE Business Will Be at a Standstill To- morrow—Some Stores Half Day. - In accordance With the usual ob- servance of Washington’s birthday ‘the local stores will be closed all day tomorrow. Some, however, will be open in the morniag only The schools will be closed and reswuie studies as usual Wednesday morning. The fac- tories will operate on their regular schedule. The city offices, as well as the insurance offices, ,in the City ald will be published as usual. CITY HALL MATTERS. Fugene A. Sheehan has taken a two-vear lease on a store in the Solo- mon Schurberg block on Main street with a yearly rental of $1,800, Sheehan will conduct a cigar store and newspaper stand. A marriage license has been taken out by David Simonson of Waterbury and Miss Florence Aisenberg of 619 Stanley street, “National Bank Protection for your Savings.” tional Bank any different from any other bank?” Saturday nigpt. You will naturally inquire, will be closed all day. The Her- ! Mr. | “Why?” COCK FIGH IN:tmmal Conduit Much Evid Toronto, Feb. 21. { Open fight.ng, banned by { revealed here toda raignment of 111 p | a raid on the Nation ing yesterday. The promient business Hamilton, Chicago, Niagara Falls. Twenty flve live three hens and five lost their lives in | police arrived, were Y, W. C. As The gymnasium |at Y. W.C.A. whl tomorrow. The Rui girls will play the Screw Corporation ning of this we® games there will be stead of dancing. | 18 included in th& basketball game. “Why is a In these we shall endeavor to place before you briefly some of the more important featur 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: R I We. Advertise— we believe i in our bank; we believe what we say about it; we believe will at least give some thoughtful consideration to W the National Bank §