New Britain Herald Newspaper, June 18, 1921, Page 11

inancial \® STREET STOCK CHANGE RFPORTS all Street.—8ho tion to the today's stock erous ing Che 'en and damuon rts directed rullway share market (runsportation and Ohilo, Southwest points. In- Union Pacin and New Among ldwin Tobacco, neous City R their dui session junior in wpeake Western reacted nfent rails su lan Pacific, k Central fell 1 trials and Harvester, Cola and to & nsit lost notubly Montana bin Gas were ana 1 to 4 h as Reading to 11 specialties F Sun miscel points. Twin points tra stocks Apid her util Power and industrials and oils forfeited of thelr early gains, The Jeavy. Sales approximated shares. INew York Stock wxchang furnished by Rich i of the New York n| 8 al Mfg High. Low Beet Sugar. Can Car & Fay Locomotive Smit & Ret Bug Ref cm Sumatra Tob 46 Tel & Tel..106 Tobacco Woolen conda Cop by Top & 8 ¥ Guit & wt dwin Loco it & Onhio h Steel B Pacifie } Lther & Ohlo MA & st P I Rk Isl & P rn Prods Ref cible Steel dicott-Johns'n closing quota & Stoc Co o . e 1st ptd n o otors thern pir Cop Mer Marine Mer Mar pfd t Nickel it Paper . . bl Sprgfld Tire nnecott Cop chel ptd 19 ox Petroleum 108 ldvale St 2 % #wourt Pac Y Central NH & H orth Pac re Oil n Am | nn R R oyce Arrow .. ss Steel Car eading ep 1 and 8 oyal D, N Y jn Ol Ret outh Pac outh Rail udebaker exas Co Prod . on Pa 181% P Retail St 8 Indus Alco ... 8 Rubber Co ... I 8 Stecl 8 Steel Jtah Cop billy Overlana e OlL DCAL STOCK MARKET TODAY (Furnished by Richter & Co.) Bl Askan 38 pra 1td Elec Light thern N E Tel . 110 m Brass oo . 165 m Hardware . 1 Billings & upumrr com Bristol Brass . olt's Arms .. Plagle Lock cee nders, ¥ and C N B Machine com ¥iles-Be-FPond com North and Judd r k, Stow and “ 1 Mtg Co i 11 Mfg Co Bt indard Screw com Btanley Works com raut and Hine . Union Mtg. Co TRUSTE TRINITY. Hartford, June 18 Brainard, mayor, and George enson of this city, a Harvard have been chosen trustee college, it innounced Sty Judge of Chic eased Brainard existed for » Wilcox Newton H. Stev Wlumnu of Trinity tod Mr w Q ind which was 1y succeed ago, de fills a some vacancy time New | RED S0X WIN TWO GAMES FROM TIEERS\ 'Hub Team Advances Into Flrsl Division—Senators Trim Browns| game into the in hon Heilman Veach, 1 Young mith Perritt, shmke, Tota Hendryx Mclnr J. Coll Scott Ruel, « Pennock, xVi Kk *Two xBatted Detroit Boston Two Veach Pennock Home ru Ruel. Sa Pennock, Young a Veach Meclnnis Boston . off F o Pe Ehmke By Perri By i. Los wil an Ma El Holling, Shorten xCole mlke Tota vitt, 3b Menosky Pratt, Hendr MclInnis Collins ning Detroit Boston wo b, Adryx Pratt, Menosky Innis. De Holling Pratt. Le t B innin Struck ¢ 8. Wild Ehmke Wilson minutes Washi won it Louis ye pitched while tired afte Tobin Lamb, 3 Willlam a land Wet Van Gi'r Tot Judze Smith Harri Ttice Bro Miller, thanks Gharri Tots *Ratte **Batted for Burwell in seventh in- ning. 10 'mke 3, 2 in Perrit xRan for s+ *Billing Mogridge, | oston took both | from De- o4 ten innings, | to 4, with Howard [ ally credited The double division ingle, double and | irst game and a triple | 1 two times at bat in | The score GAME (A). June erday first 5 cond 18.— \fternoon in 6 loser win put made a the run gam FIRST Detroit nd rf t Boston (A). ab r 0 1b cf P 1 5 34 out 30 when winning run i for Vitt in the ninth inning 100100020 0— 100001110 1— ase hits—Cobb Ainsmith, Menosky Hendry Three bast ~Menosk Heilmann crifices Bush, 9 Mclnnis. Double nd Blue d Young Left on Bases on balls—Off Perritt offt Pe 3. Hits 11 in 7 2-3 innings; c 2 innings. Hit by pitcher (Hendryx). Struck out by Ehmke 1, by Pennock Ehmke. Umpires brand. Time of minutes. ME (A). i Ruel, hit n cher Hilde and 25 SECOND Detroit nd ours 1s "n\(nn (A). ab 0 3 1 1 27 11 for Ehmke in eighth in- in eighth inning. 001100 0—14 o 01 0 x—3 Flagstead, base hits— Sargent, Pre Three Menosky. Home runs—Blue Racrifices Hendryx Me —Young and Bluc Walters and Dertoit 4; Bos- balls—Off Ehmke, 2 Hits—Off Ehmke, 11 in Holling 1 in 1 inning it—By Ehmke, 2: by J. Bush, »itch— Bush & pitcher— Umpires—Hildebrand and of game—1 hour and 55 ase >uble play (unassisted) f on bases off Losi Another neton fc Jur third straight terda 5t Senators 18.—Washington game from i. Momsidge a strong game throughout, land hammered, and r he fifth inning. The score: St re- ~oOowMOmOOONE als T 0 1 0 0 5 11 27 in ninth ininng. pls ed for Lee THIRTY Philadelphia, although He day cigar pleasure. A DAY!—Jam is hale and hearty at 70, has smoked He's a professional 30 cigars a y for 45 years tester. He also smokes for pitched ball—By Boland, (O'Rourke) Struck out—By Mogrizge, Losing pitcher—Boland Umpires—Chill, Owens and Lalin. Time of game—I1 hour and 58 minutes SLUGGERS SLUMP SOME Clouters With the Back Slightly—McHenry After Hornsby. American League Exception of Ruth Drop Chicago, June 18.—Babe Ruth, New York Yankee slugger and Dick Kerr, White Sox pitcher, share the honors in the American league averages re- leased today which include games of Wednesday. Babe broke all hitting records and Kerr stopped the mighty batter when he semed on an endless home run streak. Ruth shattered all records by driv- ing out seven homers in five games, one establishing a new mark for dis- its estimated length being 470 and gathered enough shorter to bring his average from 349 375. Then he faced Kerr and his home run streak was broken. Ruth has 23 homers and is 16 days ahedd of his last season's mark, as of Wed- nesday. All the leaders of a week ago suf- tered slight batting slumps, except Ruth. Harry Heilmann of Detroit continues tc hold the lead with a ark of .431. Other leaders: Speak- Cleveland, .414: Cobb, Detroit, St. Louis, .390; Severeid, Williams, St. Louls, Philadelphia, .366; Collins, tance, feet, hits to lcading stolen bases with St. Louis National out- pushing his teammate, Rog- ers Hornsby, for the batting lead in the National league. Hornsby dropped from .424 a week ago to .416, but re- tains the lead. McHenry boosted his average from .382 to .401. Leslie Mann and Jacques Fournier, two other Cardina went on a batting rampage during the week, the former tacking on 26 points for an average of .388, while the' Frenchman ad- vanced 18 points for fourth place with an average of .368 Meusel, Philadelphia topping the National league circuit drive hitters, with 11 round trip smashes Max Carey, Pittsburgh out- fielder, is in the lead for stolen base honors with 13 Other leading batters include: Har- v Cincinnati, .363; Young, New Maranville, Pittsburgh, Tierney, Pittsburgh, .353; Grimes, Miller, Philadelphia, Philadel- phia, .348. YANKS GET COLLEGIANS Haines, McHenry, fielder, outfielder, is 362; Knight, of Brown. and of Penn State, Are Most Promising of the Six Signed, Ne with ball comes York, the June 18.—Simultaneous of the collega base- the from closing announcement teams the headquarters of the New York Amer- that six players who have been showing marked skill on college dia- monds are now the property of the Yankees. Since the start of the col- lege season a Yankee scout has been looking over the field for prospects, and the sisning of the half dozen is the result. Five of the newcomers are pitchers, of which greup four are right hand- ers and one a southpaw. The lone portsider is Delphia Bissonette, who has been a member of the George- town university nine during the sea- son just ended. Bissonette already has reported to Manager Miller Hug- gins. The right hand pitchers are Ralph Knight from Brown university, who is to report here on June M. I.. Thomas of Penn State, who also is due in a few days: George K. Mur- of North Carolina state, who has sent to the Rochester Interna- tionals for seasoning, and Charles Carroll of Trinity college, Durham, N. (.. who has been sent to the Rich- mond club of the Virginia league. Both Murray and Carroll will be re- called at the close of the minor league son season most of the icana a ray been g ninth in- member of the group ia ready well known by sport followers in this The sixth yutfielder, to an reputation WEE ’ \| IMMEDIATE OUTLOOK Expert, Gives His Opinions (Special to The Herald.) New York, June 18.—Passage Dby the house of representatives ‘of the Porter peace resolution and prospect that the senate will likewise reach a decision regarding the same subject in the near future indicate that our foreign relations will shortly reach a definite basis, which has been lack- ing ever since the conclusion-of the war. The news that .a. tentative agreement has been reached in the treasury discussions regarding ° the treatment of evidences of Alllied in- debtedness in the hand of the de- partment points likewise to an early adjustment of the financial side of our foreign relationships. While progress in Great Britain toward a settlement ot the coal strike has not been as decisive as had been hoped, a conclusion of the controversy ap- pears to be near at hand. Progress in Business Development. The business events of the past week, although not in all cases pleas- ing, have been constructive in the sense that they bring the period of: readjustment nearer to a close. Sham reduction in the price of sugar and a corresponding downward movement in sugar shares has been impending for some time past. A somewhat similar situation exi with respect to oil, while, as regards that commodity, the situation is’ fur- ther complicated by the fact that our relations with Mexico are ap parently in uncertain condition, due to the refusal of President Obregon to recognize the rights.of Amer oil companies. The break . in Mexican oil shares, largely due rumors of exhaustion of the wells, was the dark spot in the trading side and naturally hurt other shares sympathetically. Reductions in wages by independent steel companies, es- timated to amount to about 15 per cent, probably bring costs of produc- tion at those establishments a good deal nearer to a final or stable basis, although there is as yet no apparent revival in the steel industry as a whole. Decided upward movement in demand for, and in production of, goods continues to be limited to a comparatively small number of lines of trade. Better Raliroad Conditions. Although transportation for April do not show in the aggre< gate as great improvement as had been hoped by some who were guid- ed by the indications afforded in a limited number of cases, the general opinion of railroad authorities is that conditions are improving. This is indicated by traffic reports. As a result, some stocks have shown im- provement during the past week. Uncertainty regarding the dividend policy of the Great' Northern and Northern Pacific lines was relieved by the action of the directors of the latter road on Wednesday, which proved the bright spot of the week. An unfortunate development during the past few days has been the in- timation, given out by certain sen- ators, that theére would be an in- quiry into the guestion whether the railroads had or had not spent too much on maintenance during the period of government guarantee. This was apparently with a view to bringing about a reduction in the amount that the government must pay to some roads to cover losses during the months of earnings guar- antees. Market Review and Outlook. Stock Exchange business has been upon a moderately good scale dur- ing the past few days, and the tech- nical position of the market has been decidedly improved by ‘' the Mquidation lately taking place and the fact that quotations for many stocks are low enough to prove at- tractive. Advances in prices, such as have occurred from time to' time during the week, can be relied upon to take place sporadically whenever there is any definite movement to cover. The sharp losses. like those in the sugars and oils, are due to special conditions. At the present moment, however, there is not much to give stocks any ‘strong, upward movement, since little help can be earnings Henry Clews, New York Financial : whose - accounts ha damaged by the recent who have besides grown too timid make new ventures on a large scale: The continuation dividend, omis sions * and is -undoubtedly 1 depr but it hould{ be zh June as an making dividend about 100 com- are bou and which r been decline of reductions ing influence, remembered that, 15 1s not ordinarily important date - in yments, there are ries whose shares sold in this market usual disbursement to their s holders on that date. In all, than sixty companies have now sus- pended dividends -while several hun- dred will pay them as usual on July So far as individual stocks are concerned, thsre is no doubt that more than ordinary discrimination required in making selections, many ues being desirable purcha at present levels, while others may stil ssed as doubtful 4 HENRY GENERAL STRIKE IS FEARED IN ENGLAND Miners’ Union Seeks Support— Many Are Returning to dobs CLEWS, London, June 18.—(By Associated Press) The executive committee of the minerg union today decided to ask all the trades unions affected by’ the wage dispuie to meéet the miners’ rep- resenatives at an early date with the of taking national action to their mutual demands. Sec ank Hodges of the mine implied general strike. The miners who decided yesterday against accepting the owner: ttle- ment offer, have one more day within which to take the settlement steps which will assure hem the 10,000,000 pounds subsidy from the government to, apply on wages. Premier Lloyd George, replying to- day to' the notification given him by Secretary Hodges of the result of the vallot, gtated that the govéernment had no option but to make final its de- cision that the 10,000,000 pounds sterling offer’ could not remain open aftér tomorrow night. The government offer was nally timed to 'expire tonight. Thousands of miners, who did not participate in the balloting are pre- paring to resume work, Monday in response to notices posted at several pitheads announcing that.the works would open Sunday night according to dvices from mining centers today. In Warwickshire two collieries, eady are working, while’ in northern portion of the Nottingham- shire district and Mo d ct the men arc declared to preparing to resume wortk ohjec enforce retary said this a orig- al- be Trojans to Oppose Fast New Hartford Aggregation badly] 10 | *'JCHTER & CO. Xember New York Stock Exchange % STANLEY R. EDDY, Mgr. TEL 2040 50 FAFNIR BEARING 50 STANLEY WORKS 40 LANDERS, FRARY & CLARK & B BR5R ¥. L. JUDD F. G. JUDD = UDD & CC “T. SLOPEH _the | in_ the Modlothan} The . Trojans ef this city -will- take | on their season, cros: toughest thus fa bats with gion “outfit *of opponent of the when the club thg American Le- New Hdrtford, Sun- day afternoon in that town. The Trojans have been playing an excel- lent brand of ball th season, de- feating some of the fastest teams in the state. = Flood and -Hilding will be the battery for- the locals Sunday. Local Girl is Tennis Champion. At Cornell Miss Mary ‘Regan of 70 street, has been proclaimed woman tennis champion at Cornell, having taken first honors in the singles at that collegé. Miss Regan is the daughter of Mr. and Mrs. Joseph C. Regan and is a member of the graduating class at the school. Harrison FIELDS-RICE W Miss Beatrice Margery Rice of 42 Camp st and Clifford Griswold Fields of 72 Hart strect, will be mar- ried this afternoon at 4 o'clock at the home of the bride. Rev. George W. C. Hill will perform the ceremony. DING. ROMMELL OUT OF GAME. Philadelphia, June 18.—Edward Rommell, leading Philadelphia Amer- ican pitch: will be out of the game for at least a week because of an in- fected finger, Manager Mack an- nounced today Dan’t Aflow Money or rather the lack of it to interfere with your next summer’s vacation. You can begin now to put aside a speci-- fied amount each week by joining our VACATION CLUB Estimate the probable cost of the vaca- tion you wish to tween now and the tion. and presto !- Be sure to join. amount by the number of Divide the weeks be- time for your vaca- have. Then as a member of- the Club, deposit the amount indicated each week At vacation money will be ready for you'! time your Payments can be made now. GoRiTAIN P 23 WEST MAIN ST., NEW BRITAIN, CONNECTICUT Investments, Local Stocks Telcphones, 1815, 181 LOCAL STOCKS I @homson, Thenn & Co. ! NEW BRITAIN New Britain National Bank Bldg. Telephone 2589 DONALD R. HART Mgr. HARTFORD 10 Central Row Telephone Charter 8000, We Offer: STANLEY WORKS, Preferred. BILLINGS & SPENCER, Preferred. Price On Application. JOHN P. KEOGH Member Consolidated Stock Exchange of New York. e STOCKS peidee et BONDS N Souing Middletown Spoi Direct Private Wire to New York and Boston. .G. F. GROFF, Mgr.—Room 509, N. B. Nat’l Bank Bldg. — Tel. 1 NEW BRI AIN NATIONAL BAi ORGANIZED UNDLR UNXTLD STATES GOVERNMENT SUPERVISION VACATION CLUE has helped hundreds to save vacation money. START NOW FOR NEXT YEAR Pay 50c, $1.00 or SZ.OO per week for fifty weeks. Th Hartford-Connecticut Trust Compa Corner Main and Pearl Streets, Hartford, C Capital $1,250,000. Surplus Funds, $2,000,00( ‘Safé Deposnt Boxes, $5 and upwards. Settlement of Estates, Wills drawn without cha Foreign Exchange to all parts of the world. LETTERS OF CREDIT GENERAL BANKT] Bank by mail. It is safe and saves time. Our regular and steady growth Our long experience Our painstaking attention to all These three arguments should convince you that this Bank is the institution you should select for your financial business. Think these over and then open -ap your account here. “Safe and Sane Banking”