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

Financial ALL STREET STOCK XCHANGE REPORTS | | ' PRICES 70D HIGH FOR BUSINESS T0 STAND, GARY SAYS, (Continued from First Page.) Wall Street, Close.—~Tower qumn-lthry. adding that without justifica- the final call money ons were established in ur, the 7 1-2 per cent. te precipitating further selling of fln, ste oils, and popular spe- alties. The closing was heavy. ° Sales approximated 550,000 shares. [/ (New York Stock Exenange quotae ona furnished by Richter & Cu ubers of the New York (changed. Mis-Chal Boet Can . Car & Cotton Ofl. H & Lther 12% Locomotive. $6 Smit & Ref 43 Sug Ret om 8814 Sumatra Tob 62% Tel & Tel..104% bacco 128 Voolen 731 conda Cop- . 41% h Top ‘& & F §1 Gulf & Wt [ 38% aldwin Loco .. 82% t & Ohto ... 41% h Steel')B ... 57% Pacifio .. antl: Lther Co. os & Ohlo . i Mil & St P Rk Isl & P 3 ile Copper Mino Cop .. mol Gas ... orn Prods Tef 69 ueible Steel n (ba Cane Sug. 18 indicott-John .. 63% 145 AN Close. 2% 37% High 23 37% Sesv 88 Fdy.122% 19% Mfg.. Sugar. Flectric Motors pod (R ¥) North pfd. pir Cop . terbor Con .. nterdor Con pfd t Mor Mar pfd Co 4 A Paper ... lly Spring Tlro necott Cop. k Steel igh Val x Petrol yale Stoel lssouri Pac .. ‘Y Alr Rrake. Y Central NH & M olle & West Pacific on ... Am P & ‘|‘ . m R R e-Afrow wdebaker Co oxan Co ... x & Pao 'obacco Prods ‘panscon Of) b, Fruit Ret =t i ® tndus Alco . Rubber Co. Hreol "tah - Copper ‘s Car Chem illys Overld acifio ON ... AL STOC T o A20% .110 s0% ' I | . N tion workmen's wages have been ad- vanced through reclassification so as to designate them as skilled men. Prices Also Too High. “I think,” he continued, * “that there have been and still are charged and collected for certain commodi- tles unreasonable and unfair if not extortionate prices. They apply to particular lines and persons. “The public is aware of the facts. Eyes have been opened. Different products have been purchased from the farmer, manufacturér or others at low cost and then passed on in one way or another and finally sold to the consumer at outrageous prices. Honesty B Essentlal. “The vast majority of businessmen and workmen are sincere and fair but there is and perhaps always will be a minority that ignores the princi- ples of commot honesty, They are suficient in number to seriously af- fect the whole situatton. Until these are aroused to the necessity of get- ting in line with sound and decent standards of conduct the full return to satisfactory business conditions will be more or less impeded.” He urged that the observance and enforcement of law be insisted upon throughout the world as a necessity to the improvement of the nnenl sitoation. “If laws shall be enforeed And peace maintained” added Mr. Gary, “the other questions relating to economic progress and achievement will be solved. On Govt. Conmtrol. “It it should be deemed necessary and wise to have governmental su- pervision over organized industry in order to protect the public interest, I porsonally would not object, provid- ed the lawn and rules shall apply alike to organized capital and or- ganized labor.” The speaker asserted that one of the most hopeful signs of the times was the apparent disposition of the present administration at Washing- ton to air rather than obstruct the natural and legitimate progress of business. “Any one who intentionally fails to appreciate this desire or negleots to cooperate to the limit of his ability is his own worst enemy” he added. Schwab Optimistic. Economy is the keynote of quick recovery of business, sald Charles M. Schwab, chairman of the board of | the Bethlehem Steel Co. ELLY { a There must be economy in labor and abeve all else in transportation coa! Mr. Schwab deciared adding that the steel business would profit by the economy to which it was fohced by business oconditions. S Feonomy is Keynote. “We are going to be forced to ecpnomise so am to put our business here on a basis with that of the steel business in other countries,” he explained. Expressing belief that the money whortage and businesy depression would end and that there would be a return to normalcy, Mr. Schwab continued: “This is a time for encouragement, a time to be hopeful, a time to be optimigtic and we all will come out all right. I have never lost faith in the future of the industry or the future of America Farmers Noed More. The veiws of Mr. Schwabd, were en- orsed by James J. Campbell, presi- dent of the Youngstown Sheet Tube Co., who said railroads should have ’Mm'r TODAY mo powvr to control and classify their (Purnished by Richter & Ce.) BI itd Elec LAEDt .. puthern N E Tel m Prass ° e m Hardware L1858 .108 B Machine com . les-Be-Pond com orth and Judd ’ , Stow and \chax 40 | Mfg Co L100 doville Mrg Co t-ml.t‘ Sofew com Ftanley Works com raut and Hine ... lom Mfg Co .... | TROLLEYS HAVE CHAMPIONS. At this afternoon’s session a Cham- or of Commerce committee submit- od report upholding the trolleys against the Jitneys. Principal Lo P. Slade was called to estify as to the brmand of service eiven High school children. He pro- lmounced it to be satisfactory. Motorman Bernard Wetsky spoke for the 120 men who earn a livelihood on trolley wor He defended the wervice during storms, stating that the jitneys had merely followed the path broken by the trolleys. Supt. F. L. Beardsley and several ther wilnesses wore put on the stand by Lawyer Berry in closing the Con- scticut company’s case, MEMORIAL EXERCISES. Memorial exercises were held this morning at St. Mary's Parochial school. The entire school participat- off in the ®exercises. The speakers misted of Willlam E. Latham, of G. A, R Wilam J. Rawlings, f the Spanish-American war, and tdward Johnson of the World war. e school program consisted of an ntroduction by Itev. Willam A Downey; “America,’” by the scholars, “Our Flag,” Margaret Maloney meérial Day,” John Donlan; “Colum- L \ 1 | | | l 'nu farmers of the country,” he sald, “must receive more or purchase less. Under present transportation costs, they realize very little on their produce. ‘“We are not getting anywhere. @he slight reduction in railroad labor costs is not enough. I hope, how- ever, that the building trades unions will see the Mght soon and railroad labor will come to their senses and bring down prices.” Can't Cut Wages Now. Mr. Gary replied that it was hardly fair to expéct labor to work for less pay when commodities still were maintained at a high price level. “Whether or not the railroads are recelving too much under the present rate,” he added, “depends upon whether they are managing their busifieas as well as they should and whether they are receiving too large a net profit. In order to justify a de- crease in rates, there must be a de- orease in the thtings that the il- roads have to buy.” ' TAX ON GASOLINE 15 PASSED TODAY (Continued from First Page.) ing wards, steam and electtic lines, new boiler, ete. Newington Home. The house concurred in adopting the $300,000 appropriation bill which raises a commission to erect new bulldings at the Newington Bomc for Crippled Thildren. *The house through a umemce committee agreed to and passed tho bill for Interproters in: the Ansonia court, and eoncurred in passing the bill to authorize Téfunds of . money M such are due, after Mr. Phil- had boeen assured that RESIDENTS SEEK JITNEY BUS LINES (Continued from First Page.) riod seven days was served overseas. A ten minute schedule is run for a greater part of the day. More than 30 by raising their hands, signified their desire to have the eastern end of the city be granted jitney service. The Doolittle, Miller and Muta pe- titions were closed without argument by counsel. Lawyers Appear. lawyers Albert A. Greenberg and Alfred LeWitt appeared for Edward French and Theodore Wagner. Wit- nesses told of the courtesy and clean- liness which goes to make up the sat- isfactory service on the west end line. Housewives in the west end were rep- resented as considering jitneys s “God- send,” since shopping is made so easy. Trolley service was painted as “rotten,” by L. H. Hagist of Garden street. James B. Anderson of the Com- mercial Trust company favored the Jitney as the more dependable trend of service. West End Service Good. Lawyer Greenberg called Mayor Curtis to the stand to teil of the west end service. The mayor compliment- ‘ed the service and made mention of the fact that the jitneys ran while trolleys aid not during the heavy storms of the winter. Edward French, the petitioner, tes- tified that he has maintained a three- minute schedule with five busses oper- ating. His Investment he said, was about $27,000. Theodore Wagner, owner of onec bus, runs a 15-minute round trip. Should the jitneys be firmly estab- lished by thé commission, a cut to five cents would be possible. E. W. Schultz spoke in west end service. Arch Strect Line. Lawyer David L. Nair appeared for Peter Augustine and J. A. Hall, both of whom operate on the Arch street line as far as Shuttle Meadow avenue. If given a license both will run as far as Avery's corner, they testified. T. J. Manning and Alderman George H. Wells spoke in favor of the service. The latter reported that his constituents asked him to attend to- day's session in defense of the jit- neys. Mes8rs. Augustine and Hall testi- fled that their busses are kept in a sanitary cohditlon and are well lighted. favor of 1,000 Sign Petitions. A list of nearly 1,000 signers to a petition tor the continuance of a jit- ney line was presented by Lawyer Nair to the commission. He argued the benefits of the jitney. Mayor Curtis invited the commis- sion to inspect the East Main street cars and tracks which, he said, were a disgrace to any eompan: An anti- dote for seasickness is needed after each ride, the mayor remarked. .- Bennie Laurenitis was represented by Lawyer S. J. Traceski as seeking a route over the Chapman and Kelsey street routes. Six busses are now run. One is owned by the peétitioner, one by Yablowski and three by the Mutas. Judge Klett and Lawver Sexton ques- tioned the advisability of granting a certificate to Yablowski, whom they said was secretly a silent partner of another jitneur known well to the courts. TTALIAN CIVIC ASSO. 50 New Members Taken Into Organi- zation at Meeting. The Italian Civic association met last night in the Knights of Columbus hall, 434 Main street. More than 50 new members joined. This assoclation counts about three hundred members at present and many more are expect- ed to join within a short time. Regular meetings will be held the Thursday of each hall, at 8 p. m. other classes and will start resident in New first and thi-d month in the Amer are being shortly. Italians Britain, anxious to become Ameri- ¢an citizens and wijlling to improve their education, are urged to join this n--ccl.uuon. 1 ation and planned SUMMERULINE IS SILENT. P American Charge de Affaires in Mex- ico Will Make No Statement. Mexico City, May 27.—George T. Summerline, American charge d'af- faires in Mexico City, who is said to be charged with thé mission of ar- ranging terms of recognition of the Mexican government by the United States, sald upon his grrival here to- day he was “emulating the example of Secretary of State Hughes and saying nothing.” Concerning the terms of recogni- tion, which he is reported to be car- 1ying to President Obregon, Mr. Sum- merline said nothing except that he probably wonuld see the Mexican pres- ident this afternoon or tomorrow. OFFICERS ELECTED, At the regular meeting of the Sir Francis Drake lodge, George, last night, Worthy President Tassell made visit. The following ofMcers clected: Worthy president, J. tersall; worthy vite-president, Crandall; worthy messenger, Tattersall; worthy secretary, A. A. Slaney; worthy assistant messenger, H. Rawlings: worthy chaplin, Chant. Sons of St. Grand official were H. Tat- W, M. John his Frank ADOPT “D. TIME. Derby, Conn., Ma —The factor jes in Derby and Shelton, tvith ong exception, have decided to adopt day- Jight saving time next Tucsday. The plant scheduled to remain 6n stand- ard time is the largest in the two cities. The schools also will zo on daylight saving time on Tueésday. a7 f | | Saturday Large Bread Home Size, 13c loaf Round Crullers 18¢ doz. Fresh Grated Cocoanut Haystacks . . Specials '— At Hallinan’s — Pineapple Pies .. ™ Large size-...... 28¢ Cheese Cakes .. 30c 1b 39¢ Ib—Asst'd. ROAST MEATS OUR SPECIALTY Egg and Potato Salad . .. Roast Chickens—Roast Ham. Best Creamery Butter . .. Come Early For These Holiday Specials. Store Closes All Day Monday. HALLINAN |i Slnskle and Logan —FRUIT AND VEGETABLE MARKE CORNER OF MAIN AND ELM STREETS. NEW POTATOES PINEAPPLES .. NATIVE STRAWBERRIES JERSEY BERRIES TOMATOES .. . CITY ITEMS. For Decoration Day, a good sized Flag, 4 foot by 2 foot, $1.00, at Mills’ Hardware Store, 336 Main St—advt. A complaint was received late last Bight that someone had entered the toolhouse of E. W. Abbe at 19 Curtis street. Sergeant John J. King and Officer Thomas -Storey investigated and found that nothing had been taken. Fife and Drum Corps records for | Decoration Day. C. L. Pierce & Co. —advt. A marriage license was taken out | this afternoon by Howard Charles | Acheson of 30 South High street, and Miss Adeline N. Bauman of 100 Glen street. ; ! The members of 12ddy-Glover Post, Apnerican Legion, are invited to at- tend the Memorial Day exercises of the Ladies’ Auxiliary of the Sons of Veterans, to be held in G. A. R. hall | tonight. Members are invited to ex- ercises at the Methodist church, on Sunday morning, May 29, at 10:30 o’cloc! Ladies’ Brown Brogue and Strap Oxfords and Pumps, $3.45. 8. W. Menus Store.—advt. John J. Walsh today purchased the residence of A. D. Clifford at 6l Columbia street. Mr. Clifford is soon to locate in the West. Ted Neuman of Austin street was knocked down by one of W. Wisk's automobile trucks on Main street this morning. He escaped injury. f Special prices on pianos at Pierce’s. | —advt. . Constable George A. Stark has been appointed trustee of the stock of Kata & Snelka at 634 Main street by Referee Bdward M. Yeomans of the United Statcs court of bankruptey. G, L. Damon, N. E. Mag and S. J. Traceski have been named ers. There will be roller skating at the Y. W. C. A. tomorrow night and the swimming meet will be held next Tuesday. Boys' Shoes, all sizes, $1.95. W. Menus Store.—advt. The St. Mary's parochial school baseball team defeated St. Thomas' parochial school of Southington at that place, 6 to 4. The locals are playing the St. Thomas seminary freshman team this afternoon at St. Mary's field. Mr. and Mrs. A, P. Leavitt of 125 Huntington street, Hartford, announce the engagement of their daughter, Amy R., to Harry T. Alpress of New Britain. B The baseball teams of St. Mary parochial school of this city and St. Joseph’'s parochial school of Bristol will meet at 10 o'clock tomorrow at St. Mary's playgrounds. Tne Bell Town boys are the cham- pions in the school league of that place. H George Freedman of 393 Main street brought a 14-year-old boy to the police station today whom he charged with complicity in damaging his car recently. Kasmir Dobrowolski of 10 Clinton street lodged a complaint with the po- lice today about remarks made at him by a Mrs. Oster of Slater Road when he passes her place. He was referred to the prosecuting attorney. Mr. and Mrs. William R. Foley and ramily will spend the weck-end and Memorial Day with friends at Provi- dence, R.°I. N Konstanty Mazzo, an employe of the board of publiec works, ustained brujses to his left leg today Wwhen a tree fell on him on Stanley street. He was taken to the New Britain General hospital for treatment. Mr. and- Mrs. Harry B. Dean of Ball The l i The S | ;. Several of the G. ! will be held at 9 | morning at St. Peter’s church. e —— e | Paper, | Octagon Powder, ! Boxes Coffee, 6 Cans Pepper, 40 Cans ! Mazolo Cooking Oil, 35¢, Special ‘l 00 and $1.40 dozen 25¢ qt 15¢ and 20c quart main for several days before going to the home of Mrs. Dean's parents, in Detroit, Mich. They will return in about sixgyeeks. Exercises in observance of \Io.\m- rial Day were held in all of the schools throughout the _city today. A. R. veterans ad- dressed pupils at assemblies. Ten young women will be gradu-{ ated from the New Britain Training school for nurses at at the Y W. C. A. this evening. Prizes will be awarded those standing highest in the classes. Deaths and Funerals. Mrs. Joseph Seidl. The funeral of Mrs. Joseph Seidi o'clock tomorrow NOTICE. Taken by virtue of an Egecution to me gdirected, and will be sold at Public Vendue to the highest bidder, ! at the public sign post in the Town of New Britain, 14 days after date which will be on the 9th day of June, A. D, 1921, 9t 10 o’clock in the fore- noon, to satisfy said execution and my fees thereon, the following de- scribed property, to wit: 3 Benches, 2 Showecases, 2 Scales, 1 Coffee Grinder, 2 Meat Choppers, 4 Butcher’'s Knives, 1 Ice Box, 2 Meat Saws, 1 Kerosene Can. 1 Cook Stove, 1 Gas Stove, 1 lot of Paper and Paper Bags, 1 lot of Cookies in Cans, 1 lot of Toilet 1 Case Rittes Beans, 1 Case 6 Cases Stove Pol- ish, 1 Case Matches, 2 Bag Beans, 3 Cases -Armour’s Pork and Beans, 1 Case Naptha Washing Powder. 1 lot Rice, 1 1ot of Beans; 1 lot of Split Peas, 6 Boxes Macaroni, 30 Cans Ar- tichokes, ‘40 Cans Runkel’s Cocoa, 16 Cans Baking Powder, 15 Cans Toma- toes, 12 Cans Instant Postum, 9 Bre Rabbit Pure Molasses, 3 Cans 15 Menorah Oil, 9 Bottles Salad Oil, 1 Jot of TLamp Chimneys, 1 lot of Cigarettes, 1 lot of Cigars, 1 lot of Matches, 1 lot of Tobacco, 1 lot of Extract, 1 lot of Salt in Small Bags, 1 lot of Castile Oil, 1-2 Barrel 8alt Herrings, 1 lot of Salt Tish, 1 lot of Wooden Trays, 4 Bottles Peroxide, 27 Packages Quaker Oats, 34 Pkgs. Warner's Egg Noodles, 4 Cans Golden Syrup, 5 Cans Talcum Powder, 17 Cans Potted Meat, 14 Pkge. Argo Starchy 28 Cans Van Camp’s Soup, 7 Cans Libby Sauer- kraut, 1 lot of Lamp Wicke: 1 lot of Lamp Burners, 1 lot of Thread, 4 Bottles Machine Oil, 36 Bottles Cor- dial, 8 Bottles Armour’s Salad Dress- ing, 4 Botls. Armour's Worcestershire Soup, 22 Bottles Catsup, 6 Boltlest Ink, 1 lot of Candies, 1 lot of Nuts, 13 Bottles Vaseline, 6 Pkgs. Farina, Boxes Cinnamon, 6 Cans Campbell's Soup, 19 Bottles Blueing, 33 Pkgs. Starch, S4 Cans Armour's Pork and Beans, 29 Cahs Helmet Tork and Reans, 24 Bottles Pickles, 36 Pkes. Cinnamon, 18 Bottles Prepared Mus- tard. 56 ans Tomato Sauce, 46 Cans Challenge Condensed Milk, 18 Cans Sweet Condensed Milk, 28 Cans Sar- dines, 24 Cans True Sardines. 15 Cans Corn, 19 Cans Peas, 1 lot of Clothes Pins, 21 Cans Kirkr s Cleanser. 12 Pkgs. Soap Powde Cans Hand Soap, 28 Pkgs. Soapine. 110 Pkgs. Naptha Washing Powder, 23 Cakes Ivory Soap. 8 Pkgs. Octa- zon Soap Powder, 12 Pkgs. Fels Soap Powder, 34 Cakes Sweetheart Soap, 11 Cakes Floating Bath Soab, 30 Cakes. Octagon Soap. 14 Caker Fels Naptha Soap. 2 ("akes Lava Soap, 32 Cakes Bec Soap: 18 Cakes P. and G. Soap. 6.1loor Mops, 6 Oil Cans, all 111 Myrtle street, in said New Britain. Dated at 27th day of May, New Britain, 1921, Conn., this L CHTER & C( New York Stock Exchange 31 WEST MAIN STANLEY R. EDDY, Mgr. . We Own and Offer 100 SHS. STANLEY REET, NEW BRITAIN, CQ TEL, WORKS TO YIELD ABOUT 6.70. 4 NEW BRITAIN New Britain National Bank Bldg. sTelephone 2580 DONALD R. HART Mgr. We Offer: UNION MFG. CO. JOHN P. @ homson, Tfenn & €L HARTFORD 10 Central Row Telephone Charter 8000, AMERICAN HARDWARE CORP. NORTH & JUDD MFG. CO. Prices On Ap‘plicati;)p., NORTH & JUDD To Yield Better Than 6! KEOGH | Member €onsolidated Stock Exchange of N‘e- York, Waterbury Danbury Middletown STOCK S BONDS Direct Private Wire to New ‘York and Boston; G. F. GROFF, Mgr.—Room 509, N. B. Nat’l Bank Bldg, — a NU’I‘MEG PUBLICITY BUR - Let us plan for you a “Direct By Mail Advertising Campa are a sure getter of results. MULTIGRAPHING OF ALL KINDS Mailing Lists Addressing ’l‘ELEPKO INVESTORS DATA BO¢( A thin, neatly bound, pocket-fitting booklet contai ruled columns systematizing market transactions. the recording of Also contains space for memoranda, ticker abbreviati highs and lows for 1919 and 1920 and interest and G tables. You May Have This Handy and Useful Booklet FREE Upon FRIEDMAN-MARKELSON & COMPA Members Consolidated Stock Exchange of N. Y. 742 Main Street Hartford, 'Phone Bushnell 2640. Main Office ™45 Beaver Street Ne FAST PRIVATE WIRES TO VARIOUS MARKETS 'MRS. BERGDOLL IS ORDERED TO LEAVE Must Vacate House, Owned by Son, Taken by Govt. Philadelphia, May 27.—The prop- erty owned by Grover Cleveland Bergdoll, the wconfiscation of which by the government is noted in an- other column of this issue was held by Mrs. Emma 'C. Bergdoll, Grover's mother under a power of attorney. The seizure, Col. Miller announced was by direction of the president and under the authority of the trad- ing’ with the enemy act. It is the first seizure since June 1919. Col. Miller announced that after she had testified before the con- sressional committee investigating the escape of Bergdoll. from army dergeants. a year ago that she' held a power of attorndy for Grover, Mrs. Bergdoll was served -with a formal demand for a detailed report of all her son’s holdings and was notified that his property. would he taken over by the government. Accompanied by Magor Vincent A, Carroll, his personal attorney Col. Bergdoll lives. This pro left to Grover by his f¢ Lergdoll ogning a reside! city in a Section locally “Brewerytown." “Well when do I have| said Mrs. Bergdell when the seizure notice. Col. Major Carroll then pro People’s Trust Co., the Ni National bank, the Real Insurance and Trust Co., and Co., and ordered thd ; tion of all property stand i i | name of Mrs. Bergdoll u terest of Grover in the fi banks could be ascertain President Schmidheige ! Bergdoll Brewing Co. l with a similar order tying holdings in that compan; All mortgagers to Groy tenants in his propertie served likewise, Col nounced. It is expected the sei: all funds Grover may b from the United States him upon his own réso y. GIRLS HAVE PA The ‘girls of the New J chine company office Madeline Petrocelll a- this noon durlng ‘which' sented with a $10 gold pf Alice Fitzgerald, who _pre Mae Fit2gerald Berry n\m & mono