New Britain Herald Newspaper, May 4, 1921, Page 11

ananclal ALL STREET STOCK EXCHANGE REPORTS Wall Street, 10:30 a. m.—Steel mres were the central features at he opening of today's stock market rause of the 20 per cent wage re- jluction announced by the United ates Stecl corporation after the lose of yesterday's session. The first mnanction in U, 8. Steel common was %1 3.5, but: price soon advanced o 86, an extreme overnight gain bf 7-8 of a point. Independont steels ere bigher by fractions to a point nd some of ‘he equipments and olls ogistered gains of ke extent. Among pecialtics tobacco, chemical and tex- lle shares were moderately higher, put rails again lacked a definite trend. Whall Street, Close.—United States teel and affiliated shares Troses to ighest prices in the later dealings re- rdless of indications of firmer pomey. The closing was strong. Sales paroximated 850,000 shares. New York Stock Exchange quotas s furnished by Righter & Ce., mbers of the New York Stook anged. High. 8% 3014 Low. 384 39 Close. 38% 39 3% 128% 11% 90 433 20 Y 108 134% 80 % s2y 423 1% 3935 627 1834 112% 9% 3% 27 30 12% 1is-Chal Mtg.. m Beet Sugar m Can ....... .32 m Car & Pdy.1%% m H & Lther. 11% m Locomotive. 91 m It & Ref 43% ® Ref em 903 matra Tob 72 Tel & Tel..108 m Tobacco 1345% m Woolen LLLY naconda Cop . 417 teh Top & 8 F 88y t Guif & We I 433, law; lLoce 01 % It & Ohio 39y h Stesl B ... 63 rkn Rap Tran 13% ‘an Pacific 4..111\. ent! Lther Co. 4 hea & Ohlo 1 MO0 & St P, 27 1 Rk Isl & P 30 Copper 12% fWPo Cop . 28 Tuel & Iron 31% onsol Gas Ty ™ Prods Tet 5% rucible Steel 5% 'uba Cane Sug. 20% Horn Coal. 237% 14 rio 1st pta 0% on, W and W 15 Elee ... 17 Motors ...... 14% oh (B ¥) Co 41% [ex Potroleum idvale Steel S0 . 80 . 19% T0% L 708 17% orth Pac ol . " nAm P and T . nn R R ree Arrow ts Coal y Con Co ading 1 and yal D, N Oll Ret ...... < S Sandl ... uthern Pac . ith Radl .. udebaker Co xas Co .. s and Pac pb Prod ... » ans Ol .. L 12% fon Pac .......117T% ed Fruit J11% 110% nited Retall St 23% 22 8 Indus Alco ... T38% 72% 8 Rubber Co ... T8% 763 B Steel ... . 5% sy Steel pfa .,..100 100 . Copper . 20% 20% lys Overland . wn 10 . 88% 3§ RING HOUSE REPFO) DCAL STOCK MARKET TODAY (Furnished by Richter & Co.) Bld Asked 138 110 fd Elee Light uthern N E Hardware nders, ¥ and C . B Machine . lon-Be-Pond com h and Judd ek, Stow and nley Works ndard Screw com vill Mty Co it and Hine on Mtg Co SRmzonERe oAt w Ilrox @ e I 3 TO RETURN TO DUTY Patrolman Michasl Meehdn, who s actdentally shot a few weeks ago the 1&g at the police station, has red, and will resume his dutles evening. ELECTRICITY SE&N AS LENINE'S HOPE: Expects This \'hll Enable People to Accomplish More Viborg, Finland, May 4.—Com- munism, plus electrification is now the slogan of the Russian soviet re- gime. Reports of this vast dream of Lenine by which, say sarcastic refugees reaching Finland, he “hopes to make every Russian hut a com- munistic paradise with &« dynamo in the corner” have reached the out- side world frequently during the past few months, but only recent Moscow and Petrograd newspapers show the vast extent of the proposed clectri- fication of Russia. G. §. Zinovieff, soviet governor of Petrograd, in a speech at that city, announced that the scheme contem- plated the construction all over BEu- ropean Russia and Siberia of huge electric power plants, with a total capacity of 18,170,000 horsepower in the former, and 9,000,000 horsepower in Siberia. On this work, he said, are to be employed, as fast as pos- sible, the soMiers who are demobil- ized. How seriously Lenine advocates electrification is shown in one of his recent speeches, wherein he said: “More must be done regarding elec- trification. The whole future of woviet Russia depends on the coasum- mation of the plan. All elements of the population must assist in this state enterprise. The building . of electric staticns all over the country will take 10 years. Concessions must furnish the working capital. Then communistic Russia will be an ex- ample to all the governments of Eu- rope §nd Asia™ At present, Russia has tively few electric plants. To further the immediate develop- ment of the electrification plan, elec- trical workers and engineers have, for several months, been exempted fromn the restrictions placed upon other workmen and have been given pteferred rations. compara- ANIMALS BON'T LIKE STRAINS OF JAZZ Tones Bring Out All Savagery in Beasts New York, May 4.—Humans may like jazs, but animals don't. This was the conclusion reached by a group of scientists who recently as- sembled in the Central park 200 to see what & saxophone and traps would do to the emotions of monkeys, lions, leopards, elephants and other Jjungle beats. A quinhtet of musicians guaranteed to rag anything from Wagner down was massed in front of the monkey cages for the first laboratory test to determine whether the line ‘“‘music hath charms to . seothe the savage breast’’ was, after all only poetic license. According to a corps of unscientitic reporters who journeyed to the 200 with scientists from Columbia Uni- versity, American Museum of Natural History and New York Zoological park. the monkeys registered emotion all right—but of a rather savage kind. Then the latest jazz was banged into the ears of liohs and thelr mates. All hopped to their feet, with fur bristling. As for Mrs. Murphy, hippopotamus, she merely wrecked the experiment by diving into her tank and shutting out the ‘racket. The elephants seemed to tremble with rage. Only one beast wus found that ap- parently was able to endure, if not en- joy, jazz. That was Bagheeta, the leopardess. But when a hymh was played, she started a six-day vace around her cage, spitting sparks. The scientists, however, put a question mark after Bagheeta's test, for atten- tion was called to the fact that, at the moment, a Keeper whom she chose to relish only as a potential meal, had Just passed her cage. 2 Ibg. best $1.00.—Russeil Bros.—advt. rh s GOLP BULLION COMING. Cheistiania, Norway, May 4.—The Seandinavian-American line steamer United States, doe in New York May 11, has on board 70 sacks of gold bullion valued at several million dol- lars, counsigned from the Swedish mall service as first class mail. The gold is Russian bolshevik gold re- melted by the Swedish royal mint. Last year the Swedish mint remelted and refined 19 tons of Russian geld and so far this year has put seventy tons through the same process. Most of this gold is destined for the United States. butter Best butter, 5ic Ib,, tusselt Bros.—advt. Ibs. $1.00.— MAYOIR HAS BATTLE In the course of a verbal tilt at City Hull this afternoon Mayor O. F. Curtis threateped to have Councilman T. Frank McCormack e¢jected ‘rom the bdullding, preecipitating a lively debate between the two city officials in the corridor of the building. Best coffee 3 lbs Bros.—advt 91.00.—Russell The Wome's Auxiliary to the Eddy- Glover Post, American Legion will meet Thursday night at 8 o'clock at G. A. R. Hall. Plans for Poppy week FLENINE HOPEFUL OF ' BlG WORLD REVOLT Has Not Glun Up His Plans for Great Soviet New York, May 4.—The text of the | speech delivered by the Russian premier, . before Tenth Congress of the Communist Party, as printed in the official Bol- ~hE\‘|R! newspaper “Pravda” of March s made public today by A. J. Sack director of R ian In- formation Bureau in the United States, representing in this country the Russian democratic anti-Bolshe- vist forces. This s the speech which led to the reports that Lenine had repudiated a world revolution and communism for Russia. Referring to the question of world revolution, T.enine saia: “Ald is cominz to ux from the Western European countries. It is not fast as we should like it, but it is coming nevertheless and gathering strength. Of course, the world revo- lution has made a great step forward, in comparison with last year, Of course, the Communist International which last year existed merely in the form of proclamations is now existing as an independent party in every country. In Germany, France and Ttaly the Communist International has become not only the center of the labor movement but the focus of at- tention for the whole political life of those countries. This is our conquest and no one can deprive us of it. The world revolution is growing strong- er, while the economic crisis 'in Furope is getting worse at the same time. “But, at any rate, were we to draw from this the conclusion that help would come to us from there within a brief period n the'shape of a solid proletarian revolution, we would be simply lunatics. We have during during these three years learned to understand that the staking of the game on the world revolution does not imply any figuring on a definite date and that the pace of its devel- opment, growing more and more rapid, may bring us the revolution in the spring, or may not. We must, therefore, know how to adapt our activity to the mutual class relations existing within our own and other countries, that we may be able for & long time to retain the dictatorship Xikolal @Lenine, the RALD, DN Deaths and Funerals Mrs. Catherine Kelly The funeral of Mrs.}Catherine Kelly was held at 9 o'clock this morning at St. Mary's church. Rev. , Walter McCrann was the celebrant | of a solemn requiem high mass. Rev. William Krause waag deacon: Rev. John T. Winters was sub-deacon; and Rev. William A. Downey was master- ; of-ceremonies. The pall bearers were, { Timothy Collins, James Cully, James Gilbert, D. J. Donahue, William Powers and Edward Hannigan. The flower bearers were John Holden and Angelo Morello. Rev. John T. Winters the committal service at in St. Mary’s new ceme- the grave tery. ‘ conducted Rudolph Grofo Rudolph Grofo, aged 46 vears, died this morning at his home in Xensing- ton. He leaves a Wife in Hungary, The funeral will propably be held Wea- nesday morning. Mrs. Henrietta Sedgwick. The funeral of Mrs. Henrietta | wick was held this afternoon at 2 o'clock from the late home at 17 Cedar street. Rev. Samuel Sutcliffe, rector of St. Mark’'s Episcopal church officiated, and burial was in Fairview cemetery. Seda- Mrs. Mary Corrigan. The funeral of Mrs. Mary Corrizan, who died Monday at the home of her daughter at Bristol, ., was held at 10 o'clock this morning at St. Mary's church. Rev. William A. Downey was the celebrant of a solemn requiem high mass. Rev. Willlam Krause was deacon and Rev. Walter McCrann was sub-deacon. The burial was in St. Mary’s new cemetery. Walter Monroe Winfrey. Walter Monrae Winfrey, aged 51, died this morning at St. Francis’ hos- pital, Hartford. The deceased was employed by the Southern New Eng- land Telephoné company. Surviving is his wife and three children, who are: Frances Mary, William Walter and Walter Monroe, Jr. Funéral ar- rangements have not been completed as yet but it is expected that the services will be-held Friday. CITY ITEMS Wnnted—z ooo people to attend the Mardi Gras at the Kacey's fair tonight. —advt. Frank V. Sears of Stanley street is seriously ill at his home. Commodore Barry Council, Ameri- can Association for the Recognition of the Irish Republic. will meet at Judd's hall at 8 o’clock tomorrow of the proletariat and, at least gradu- | evening. Speakers from out of town ally, to cure all the flls besettings us.. wij] address the meeting, and an =n- Only such a view of the problem will be correct and sober.” The most urgent problem now in Russia, according to Lenine, is the relations between the working class and the peasantry. “These relations,” said Lenine. “are not what we had believed them to .bs These relations represent a peril. many times greater than all the perils threatened by the Denikine, Koichak and Yudeniten campaigns put together. “The peasants are not satisfied, said Lenine, “They-do not care for the economic forms we offered them. ‘We must not conceéal anything but ad- mit that a for of relationships which the peasantry does not care for will never exist. The peasantry has bes come far more middle-class than he- fore. The village has been leveled down. The middle-class peasant now predominates. We must, therefore, see what this peasant wants. He de- mands: 1, A certain freedom in his economic turn-over; 2, Opportunity to market his products in exchange for goods.” , In conclusion, Lenine recommended concessions amounting to granting to the peasant the right to dispose freely of that surplus of his products which will be left him after giving to the Bolshevist government what will be levied oh him as taxation in kind. Besides “freedom in local trade for small farmers,” nothing in men- tioned in lenine’s speech about any other concesicns changes in the fundameiitais « 7 1he existing Bolshe- vist economic policy. Commenting upon l.enine’s speech, Mr. Sack said it is clear that the main Russian industries and Russia's transport will continue to operate upon communistic principles. Pure lard 1llc ib.—Russell advt, GERMANY DENIES NEW PROPOSALS (Continued from First Page.) supreme council. The United States | also requested to name delegates to the reparations commission the council of ambassadors, probably the most useful piece work done at vesterday's session “Qf the sunreme council, said the Daily News this morning. “What is becoming and what must have American statesmen In the situation,” the newspaper said, “is that a chance for a really stable peace in the near future is remote as long as America remains aloof.” e ———— TOO LATE FOR CLASSIFICATION. NOTICE—Fjectric Vacuum cleancr to rent, Tc half day, $1. per day, deltvercd promptiy. Tel. 608 5-4-3dx | Bros.— is ana This was plainer daily, weigh: with considering TO RENT—Two furnished réoms for fight housekeeping; electric - lights. water and bath. Separate entra quire 65 Winthrop St. In- “4-4dx WANTED—By American couple, 3 to 3 room apartment, Jn #0664 neighborhood, be. tween mow and June 1st. Address Box 11BB, Herald Office. 5-4 FOR SALE—Geraniums, 10c up to 23c, §2. 16 a dozen, three blossoms to each plant, p ants of different. varieties. Tomatoes 20c doz. Pepper and _other. vegetabie ot | hot ! tertainment will be held. Vietrolas, records at ~—advt. Governor Dewitt Johnson, aged 17 years, was returned today to the George Junior Republic. He was taken into custody for alleged complicity in the robberies of several gas meters about the city. Wanted—2,000 people to attend the Mardi Gras at the Kacey's fair tonight. —advt. Officer Anthony Walinczus will return to duty this evening after an illness. Chief William J. Rawlings left today for New York to attend the meeting of the Metropolitan District Police Chiefs’ association. May Victor —advt. Bertram Thompson of 23 Day street, and Miss Jennie Larson of 1111 East street have taken a marriage licegse. Guy Fitch of the Wilson company was operated upon today at th: Hart- ford hospital. Gecretary Clifford Hellberg of the Eddy-Glover post, American Legion announced today that the members of the Legion would wear poppies on Memorial day. He has contracted for enough of the flowers to go around and the members will be charged 15 cents apiece for them. The proceeds will go to the needy children of France. These poppies are made by the war widows. of France, and it is the official flower of all flations for the memory of the heroes who were killed in the war. Wanted—2,000 people to attend the Mardi Gras at the Kacey’s fair tonight. —advt. Pierce’s. records at Pierce’s. — e PETITIONS INTRODUCED. Scnator George P. McLean'’s Activities \ in Congress. Senator George P. McLean of Connecticut introduced a large num- ber of petitions in jthe senate today { among which were: Petitions of Robert Emmet club of Bridgeport; Monsignor Slocum branch, Ancient Order of Hibernians, Waterbury and Ancient Order of | Hibernians, Naugatuck, Connecticut, | urging the recognition of the Irish { Republic. | Petition of employes of Stanley | Rule and Level company, New Brit- ain, Connecticut, opposing the pas- sage of the davlight saving measure. Petition of Assyrian National Star society, Inc., of New Britain, Conn., | urging the adoption of the proposed amendment to the immigration Pbill, providing that those who have suf- fered persecution for their religious belief will be permitted to enter this { country. Petitions of Chamber of Commerce, New Britain and The Rotary club, New Britain, Conn., urging th® ne- cessity of an appropriation for an ad- dition to the New Britain post office. i i Brown University to Increase Tuition Fees Providence (R. L. May 4.—Brown { university .announced ‘today- that tui- tion fees would be advanced:to $250 mext fall, an increase of $50. The appointments of Dr. James P. Adams “or ‘the University of Michigan and Dr. Ralph E. Badger of Sheffield Scientific school Yale, as assistant professors in the Brown economics i department were announted also. 4, 192'1. OLD HORSE CARS IN " OPERATION AGAINE !" RICHTER & C 3 Member New York Stock Exchange Occasion Is Anniversary of In-| stallation of Electrics Chicago, May 4.—The crash of Missouri hoof fire against tin fenders of archaic street cars is heard today in many cities through- out the country. For out of the rubbish heaps of street car barns and the tall weeds of vacant lots mule cars of a third of a century ago have been rescued by electric railay companies and again put on rails today for a few hours under “hayburner” power. The reason for this demonstration is that the imodern overhead trolley car is thirty-three years old today and electric raitways for the first ‘ime in history are celebrating this event. It was in Richmond, Virginia, on May 4, 1888 that thirly electric cars equipped with overhead trolleys were put into operation and the con- tract for the first complete, double- tracked line of this character in the world was accepted as completed. For fifty years prior to that day inventors ianging from Thomas Davenport, a Branden, Vermont, blacksmith, to most of the famous inventors of the period had been working toward the goal which Frank J. Sprague of New York city, finally achieved. Stephen D. Jield and Thomll A. Edison began experiments late in the 70’s. and in 1879 Field filed an application for a patent on a third rail system. In 1880 Mr. Edison built a small road at his laboratory in Menlo Park, New Jersey, and demopstrated the practicability of electricity as power for transporta tion. In 1883 at expositions in Chi- cago and Louisville, Messeps. Field and Edison exhibited an electric locomotive which ran around a cir- cular track one-third of a mile in length. The period from 1880 to 1888 was productive of many valuable contri- butions to the future industry by Edward M. Bentley and Walter H. Knight, who in 1884 built a two mile line in Cleveland; John C. Henry who built small roads in Kansas City and California; Professor Sid- ney H. Short, of Denver, Dr. Welling- ton Adams of St. Louis, Charles J. Van Vepoele of Chicago and Leo Daft of Greenfield, New Jersey. Daft perfected ' an electric, engine which in 1886, hauled a total of 3980,- 000 persons in old horse cars between Baltiore and Hampdon, Va. Some of Mr. Sprague’s earlier tests were made in New York city and among those who came to wit- ness them was Jay Gould. Uifor- tunately, one day, Mr. Gould took a position near an open safety fuse on one of the cars and when a fuse suddenly blew out with a starting flash, Mr. Gould attempted to leap from thé car and .at once lost all interest in the future of electric rail- way development. Ak the beginning of operation of electric c#rs in Richmond, wagey were from 75 cents to $1.75 a day. The average wage paid by sixty companies having more than 100 miles of track each, in the Unitea States, today is 58 cents an hour. Today there are more than §0,000 electrically propelled passenger cars in the United States which carry a total of approximately 14,000,000,000 persons or ten times as many as ride on the steam railways, yearly. The investment in lines is approxi- mately $5,000,000,000 the tradkage is 44,400 miles and 300,000 men are employed. resounding Pure lard llc lb.—Russell Bros.— advt. LEPER PATIENTS T0 BE GURED VERY SOON| _ In Ten Years Famous Colony Wil Be No More Honolulu, T. H., May 4. —Sixty- five per cent of the chronic cases of leprosy in the Kalaupapa leper col- ony, Island of Molokai, will be cured within the next two years by the use of the chaulmoogra oil specific pre- pared by Dr. A. L. Dean, president of the University of Hawaii, and with- in ten years the famous old leper settlement will be a thing of the ! past, according to tlic cxpressed be- lief of Dr. W. J. Goodhue, the settle- ment’'s resident physician. Dr. Goodhue and territorial health board officials do not hesitate to say that a number of cases in the colony never will recover, that the disease has gone too far to even be arrested by chaulmoogra oil, and thescare of these, it is believed, will necessitate keeping the colony running for an- other decade. In the meantime, how- ever, it is confidently expected, the majority of cases at Kalaupapa will Le cured and discharged within twen- ty-four months. Members of the lmrnorml legisla- ture recently visited Molokai, ther- oughly inspected the colony and made estimates of improvements to.be car- ried . out- there. Although™they may be cured, a ‘number - of- the older inmates of ‘the settlement always will bear promi- nently the marks of leprosy’'s ravages, and for these, who have no interests elsewhere, President Charles Chilling- worth of the territorial senate,. has suggested setting aside government ‘l1and on Molokai for farms. 31 WESTMAINSTREE’B. NEW BR.ITAIN C STANLEY R. EDDY, Mgr. 50 STANLEY WORKS, PFD 50 COLTS. 20 UNION MFG. 25 NORTH & JUDD. e ». G. JUDD JUDD & CO. S3 WEST MAIN, ST., NEW BRITAIN, CONNE Investments, Local Stocks’ Telephones, lt WE OFFER:— 50 SHARES AMERICAN HARDW, Member Consolidated Stock Exchange of New York. Waterbury cwe 7 g STO Niddiete BONDS Middletown Direct Private Wire t6 Néw York and Boston. G. F. GROFF, Mgr.—Room 509, N. B. Nat'l Bank Bldg. — 1 @homson, Tfenn & ¢ NEW BRITAIN NATIONAL BANK BUILJ 10 CENTRAL ROW, HARTFORD, CONN. DONALD R. HART, Mgr. TEL_ 28 We Offer 25 shares American Hardw: Price on Application INVESTORS DATA BO A thin, neatly bound, pocket-fitting booklet conta ruled columns systematizing the recording of market transactions. Also contains space for memoranda, ticker abbrevia highs and lows for 1919 and 1920 and interest and tables. You May Have This Handy and Useful Booklet FREE Upon FRIEDMAN-MARKELSON & COMP Members Consolidated Stock Exchange of N. Y. 742 Main Street Hartford *Phone Bushnell 2610. Main, Office 45 Beaver Street N FAST PB“’ATE WIRES TO VARIOUS MARKETS Quick Results---Herald Classified \ Reserve Districi THE CONDITION OF THE NEW BRITAIN NATIONAL At New Britain, in the State of Connecticut, at the close of business on Api RESOURCES. - Loans and discounts, including rediscounts . Acceptances of other banks discounted . Total Loans Overdrafts unsecured U. S. Government securities owned Other bonds, stocks, securities, etc .... Banking House, $200, 0 Furniture and Fixtures, $1. Cash in Vault . Lawful reserve with Federal Reserve Bank Items with Federal Reserve Bank in pr'gce- (Not availabie as reserve) Net amounts due from national banks . 3 Net amounts due from banks, bankers, and trust compa in the United States Totgl of four above item Checks on banks located oul bank and other cash items Ledemption fund with U. S. Treasurer and - ‘Treasurer Charter ho 1184, T OF .$ - 2,480,669.98 8,296.65 26297683 2 LEABIL {1Es Capital Stock paid In . Surplus Fund . Undivided profits . : & Rteserved for interest and taxes accrued.. .. Less current expemses, interest and taxes’ Amount due to Federal Reserve Bank (def0rreq credits) Net amounts due to National banks . Net amounts due to State banks, bankers, ang’ gruet panies in the United States and foreign €0 uyntries. Certified checks outstaunding Cashier's checks on own bank outstanding Aotal of five above ltems Demand Deposits (other than bank deposits) subject serve (deposits payable within 30 days; Individual deposits subject to check ' Time deposiis subject to Reserve (payable after 30 day ject to 30 days or more nqtice, and postal savings) Certificatess of deposits (other than for money borrowed.. Other time deposits . Postal Savings deposits . Total of time deposits subject 1o Reaerve United States depésits (other than postal savings) includin War Loan deposit account and deposits ol United States.Dis bursing otficer . Bills payable with Federal Reserve Bank 173,221.67 to Pkl 5o ss i b nens o d State of Connecticut, County of Hartford, es: 1. F. S. Chamberiain, Cashier of the above named bank, .o -Iml! above statement is true to the best of my knumem n‘ CH Subscribed ‘and sworn to Before me, this ith n.y of‘.ln‘y NLEY