New Britain Herald Newspaper, August 4, 1921, Page 9

_hem Steel, ~~point. Financial || EXCHANGE REPORTS, 10:30 a. m. — The stock market opened irregular but with an easier tendency which became more pro- nounced in the first half hour. In- vestment rails and leading specialties exhibited the most weakness. Yes- terday’s decline im the railroad divi- sion and misgivings as to dividend ac- tion on certain industrials encouraged broader selling for the short account. American sugar and Central Leather fell one point and U. S. Food Pro- ducts, Cuba Cane Sugar Pfd., Bethle- Sears Roebuck, General Electric, American Loco., and United Drug % to %. Studebaker was a not- able exception, gaining while Chandler, Mexican Pet. and Union Pacific were bid up nearly a Wall Street, 1:30 p. m.—Trading was on a diminishing scale after mid- day but prices of industrials con- tinued to force upward. Internation- al Harvester, American Woolen and Atlantic Gulf advanced two Dpoints, Atlantic Gulf Pfd. 3 1-2 and Ameri- can International, Famous Players, Sumatra Tobac, American Sugar, California Pkg. and Great Northern Pid. one point. ‘Wall Street,noon—sSelling orders did not follow prices down and the mar- ket began to show a little more sta- L'lity in sympathy with the confident ahsorption of the motors. Domestic and international monetary conditions were regarded favorably the large in- flux of gold here and strength to for- eign remittances, sterling rising one and one half cents, causing a‘check tq speculative selling. Short covering was an obvious factor on the rebound, tut there also were signs)of renewed accumulation of representative rails with pool operations in some indus- trials. American Sugar recovered fully and the general list got back to a parity with yesterday's close or atove. Call money again renewed at 5% per cemt. (New Yoak Stock Exchange quota- members of the New York Stock Ex- change.) High Low 317 Close 317% 27% 11 84 665 49% Allis-Chal Mfg Am Can Am H & Leat.. Am Loce Am Sg Ref com. Am Sum Tob Ab Tel & Tel. Am Tobh Am Woolen Ana Cop ... Atch Top & SF. At Gulf & W I. Baldwin Loco Baiti & Ohio Both Stee! B Pk~ Rn Tr €»= Pac =% Leath Co fhei & Ohio Chi Mil & § P Chi RF In & P. Chily Cop Chino Cop Cn Prd Ref .. Cru Steel Cub Cn Sug Endicott-John Erie GGaston . Gen Electric . Gen Motors .. Good (BF) Co. Gt North pfd iillinois Cen interbor Con . Int Mer Mar .. Tnt Mer Mar 'pfdt')% Pacific Oil Tnt Nickel Tnt Paper . Kelly Spring Tire’ 43% Kennecott Cop.. 19% Lack Steel .. 39% Mex ePtrol .1083% Midvale Steel . 5 Missouri Pac .. 21 N Y Central.... 73% NYNH&H.. 17% Norf & West ... 97% North Pacific . 9% Pure Oil ...... Pan Am P T .. Penn R. R. .. Pierce Arrow .... Pittsburgh Coal . Pressed Steel Car. Ran Con Cop . Reading . Rep I S . Royal D, N 8inclair Oil Refln . South Pacific .. South Railway Studebaker Co . Texas Co ... Texas Pacific .. Tobacco Prod . Transcont Oil . Union Pacific .. United Fruit . United Retail St U S Food Prod U S Indus Alco U S Rubber Co ...5 U S Steel U S Steel pfd Ttah Copper Va Car Chem ‘Willys Overland L <AL STOCK MARKET TODAY Furzished by Putnam & Co., Bid Asked .125 130 106 109 1% 118%119% 10% 10% | 321 32% 75% 76 96 96 3% 3% 10% 10% 45% 45% 36% 36% 14% 14% 51% 51% 1% a1y 9% 195 39% 39% 107% 6% 6% Hfd Elec Light Southern N E Tel .. Am Brass (149 155 Am Hardware - AREE =180 Billings & Spencer com 25 30 Bristol Brass ...... 12 16 Colt's Arms . 28 30 Eagle Lock 463% 48% Landers F and C . 4615 48% N B Machine .. 12 16 Niles-Be-Pond com 50 North and Judd .... 13 Peck, Stow o Wilcox 33 Russell Mfg . 110 Seovill Mfs Co 310 Standard Screw Traut and Hine Union Mrg Co CLEARING HOUSE RETORT. Exchanges . 627,400,000 Balances . 65,200,000, two points, {- Jight beers should ba encouraged. —NEW DIECTOR AT - 1. W. G. A INFALL - WALL STREET STOCK [Mm e de Fossefi Will Suc- ceed Miss Muchmore Miss Phillipa Muchmore, who has Leen physical director at the'Y. W. C. A. for the past year, has resigned her position and has left for Morristown, New Jersey, her home town, and in the fall she will be in charge of the physical educational department ai the High schoal in that city. = Miss Helen Bradley of New Britain is act- ing as temporary physical director at the Y. W. C. A. until the first of Sep- témber, when Miss Gertrude Fossett of Dorchester, will take her place. Miss Fossett has been physxcal di- rector of the Y. W. C. A. in Lewis- tou, Maine, for the past three years and comes to New Britain highly rec- ommended. Miss Muchmore gained many friends while in New Britain and was very popular among the girls at the institution. In the early part of September, when Miss Fossett arrives to succeed Miss Muchmore, ‘Miss Bradley will be in full charge. of the girls’ depart- ment, including the Yarious. clubs. Miss Bradley is a graduate. of the New Haven School of Gymndstics. Swimming Pool Popular. The swimming pool, which is open on Tuesday and Friday mornings for he smaller children in the town, brought to the Y. M. C. A.'under the auspices of the City Welfare depart- raent and the Bible school, is prov- ing very popular. Each week the clusses grow larger and many chil- dren are taught how to swim. All are obliged to pass an examination before entering the pool. Those aid- ing in the work this year are Mrs. W. M. Spitler of Maple: Hill, Robina Blair and Martha Clark of this city. TWO PLATOON IS BELIEVED SAFE Mass., Mayor Does Not Expect That Econ- omy Will Necessitate Its Postpontjmem. The deficiency of $9,000 in taxes due the city, caused by.a mistake in figures at the time the two-platoon system was Voted for the fire depart- ment, will not cause the city to lose the two platoon system, according to the opinion of Mayor Curtis. At the time the city meeting took up the question of the two-platoon system, a mistake was made .in the resolutionr calling for the appropria- tions and after the mnreeting it was. found that instead of wveoting for four- ‘tenths of a mill tax for ~the only three-tenths had ‘béen voted. This made the city taxes 22 mills in- stead 6f 22.1, as was understood at, the meeting. The subsequent result is that instead of there being $36,000 available for this system, that sum has decreased to $27,000. In commenting upor™ this subject, Mayor Curtis said he wanted it un- derstood _that the .mistake was not made by Corporation Counsel J. H. Kirkham, as ‘has been stated. b ! was not made in his office, nor was it made in’this office,” said the mayor in declining to mention just who was responsible for the mistake. No official action will be taken to raise additional funds to make up the deficiency, it being the sentiment at City hall that by saving and economizing wherever possible’’ the city may get through its fiscal year without asking for additional appro- priations, although it is the opinion of Mayor Curtis that the appropria- tion as a whole will not be sufficient to cover all cases. ‘When asked if this would affect the two platoon system, Mayor Curtis re- plied: “We don’t expect it to.” DELAY.CHAMBERLAIN CASE. Dismissed Captain of Aviation Insists Heroic Exploits Are True. Washington, Aug]| gation of Capt. Edmund G. Cham- perlain, dismissed officer in the Ma- rine Corps, was postponed until au- tumn. He was requestéd to segre- gate all his testimony and witnesses order that an early conclusion may be made when taken up. A Naval Affairs Sub-Committee is inquiring into the dismissal of Capt. CThamberlain . He was removed after court martial proceedings, which were approved by Rear Admiral Sims, for not denying allegations that he had performed remarkable feats in connection with thé bringing down and destruction of numerous German airplanes. Capt. Chamberlain insisted the reports were true. Some testimony already has been taken in this investigation. Capt. Chamberlain was heard and related his own story before the sub-commit- tee. The young bride of Capt. Chamberlain has prepared some maps for - the use of the sub-committee. These outline the locations where the exploits of her husband were per- fermed. 4.—The investi- BRITAIN ENCOURAGES BEER Clause to Licensing Bill Classifics 2 Per Cent As Non-Intoxicating. London, Aug. 4—The new licens- ing bill, regulating the_sale of intoxi- cating liquors in England and Scot- land, was given its third rcading in the house of commons early today after an all night session. One of the clauses added to the meas- ure provided that certain liquors con- taining not moré than 2 per cont of spirits shouid not be treated a3 In- toxicating. The Attorney General did not object to this clause, giving it as his opinicn that the making _of NEW BRITAIN DAILY HERALD, PERSONALS. S My, and Mrs! ‘Rchard E. Erwin Newington arg spending a week BI6tk' Island and Providence. Mrs:" Charles H. Wessells of * 23 Griswold street, is spending her va- cation at Walnut Beach, Milford. Miss Sarah Baker, superintendent of the Visiting Nurse station, resumed her duties today after spending a short vacation with her mother at Dudley, Mass. of at _ Deaths and Funerals “Frederick H. Dobson The funeral of Frederick H. Dobson was held this morning at St. Rose's church at Meriden, and was largely attended. The body was brought to this city for burial in St. Mary’s new cemetery. Franz F. Hebenspreic The Funeral of Franz Hebenpreic was held at St. Peters church this morning, and the burial was in St. Mary’s new cemetery: Péter C. Kozlowskl. * The funeral of Corporal Peter C. Kozlowski will be held Saturday morning at the Church of the Sacred Heart. The arrangements for the military service are being mada by Kosciusko Post, Veterans of Foreign CITY ITEMS ———— Stella Rebekah Lodge No. 11 will hold a regular meeting Friday evening Mi§g ‘May Copeman oi 104 .Camp street] is: reported as slightly improv- &d over her. recent serious illness. The condition of James Rileyy of West street, who underwent an op ation at the Hartford hospital on Monday, was reported as unchanged today. Members of Burritt Grange will furnish one of the entertainment numbers at the “Neighbors’ Night” session of the Southington Grange in that town tomorrow night. ASSESSMENT COMMITTEE MEETS. The _special committee of assess- ment of the old Nermal school site, composed of Thomas J. Linder of this city, Leonard Ashein, of Bridgeport, representing the State of Connectiayt, and Dennis Ahern of Hartford, who was selected by the other two, met this morning in the office of Mr. Lindner. Conditions were discussed but no action was taken. The com- mittee will meet again next week. CHURCH NOTES A Union church service will be held Sunday between the Baptist. First and South churches with a sermon in the First church at 10:45 o’clock.Church school will .be. held at. 12 o’clock in the Sputh church. Repairs are being made to the Methodist church in system, preparation for the. fall season. The carpet in the main auditorium of the church is now being relaid. SENTENCED TO GO TO CHURCH. Washington, N. C., Aug. 4.—Five young men of this city are under sentence to attend church regularly for one year. They were convicted of stealing automobile supplies and. Judge Horton gave them their choice of going to the county roads for one year or attending church regularly for the same length of time. BOTH GO TO GALLOWS SILENT. ‘Toronto, Aug. 4—Roy Hotrum and William McFadden were hanged this morning for the murder of Leonard C. Sabine last March, when they tried to rob-his drug store. Neither | uttered a word as they were led to the scaffold. During the trial each ac- “|cused the other of being the mur- derer. THURSDAY, AUGUST 4, 192i. S R === PRESIDENT IS IN NO HURRY FOR DEBS Imprisoned Socialist Miast Wait Until Peace is Signed Before His Case Comes Up. Washington, D. C., Aug. 4 dent Harding will not act on the pardon appeal of Eugene V. Debs until after a proclamation of peace has been promulgated, it was learned from reliable official sources. The president’s probable course, it was eclared, will be to take up the Debs case and the cases of other j oners confined under various sen- tences for espionage law infractio very soon after the beace proclama- tion. Some doubt still exists in re- gard to the time of issuance of the proclamation. At the department of justice yes- terday officials said the attorney gen- eral is not expected to report to the president on the advisability and gen- eral form of a peace proclamation, sursuant. to- the Knox-Porter resolu- tion passed by congress, umntil after President Harding returns to the ‘White House from) his New Hamp- shire trip. In conference between Aftorney General Daugherty and President Harding concerning the Debs pardon case, it is said to have been definite- ly decided to let action upon it await final disposition of the peace proc- lamation. Officials were not prepared to say that the public can expect a proclamation as soon as-the president returns, but indicated some little time may elapse before a decision is reached on the matter. It was said that Mr. Daugherty will be prepared to make a full report to the president concerning the proe- lamation as soon as he reaches Wash- ington, but it was declared this was not to be accepted as, an indication that the president will t immediate- ly. The president may wait until it has been discussed at length -with the cabinet. DRAFT NEW AGREEMENTS International Typographical Union to Presi- Take up Proposals of Newspaper Publishers, Quebec, Aug. 4.—Draft of a new arbitration ' agreement between tha International Typographical union and the American Newspaper lishers association, will be considered by the union at its convention hera next week, Walter Barrett, first vice- president announced today. After being reviewed by the con- vention, Mr. Barrett said, tha agree- ment would probably be referred. to the union’s executive committee with instructions to continue negotiations ‘with the publishers. Mr. Barrett said that continuance of the present arbitration .contract had been discussed with the publish- ers but they have proposed a. new agreement which was not accepted by the union representatives. AUTOIST IS SUED. Bernard Cunningham, through Lawyer Henry P. Roche, has brought suit for $300 against Charles Pod- hajeski. The suit is a sequel to an automobile collision on the Berlin turnpike on July 10. The mNaintiff claims that his car was badly dam- aged and he was otherwise incon- venienced as the result of the colli- sion. The writ is returnable in the city court on the third Mondgy in August. Deputy Sheriff M. D. Stock- well has attached real estate on North Burritt and Miller streets. Pub- | MORE. LEAVE CITY Excdus of Polish Familics for the Old Country Continued, Booking Agen- cies Report. Whole familics of Polish residents are leaving the city almost daily route for their oid homes across the ster. They ate taking with them the money they have acquired here dur- ing several years of residence, a sun which in most cases will mean quite comfortable circumstances in the foreign land where prices and- goocs are marked much lower and general iiving conditions are much less ex- pensive than in the United States. Yesterday a party of 25 persons re- ceived booking for Poland through the George A. Quigley agency-on Main street and left last night for ' New York. These people boarded the French liner, La France. They will land at Havre and make conmeetions for the trip across to Poland where they will be landed at the port ot Danzig, from there to travel into the interior to their respective homes. Those who left vesterday were: Ludwik, Antonia, Maryanna and Stan- islaw Oinski; Stefan, Josefa, Rozalia, Edward and Zygmont Spiewak; Fran- ciszek, Anna, Emilia, Albina, Stefania; Marry, Jan, and Anna Dogwin; Alex- ander, Genowefa and Zygmont Le- mangki; Mary Ann Glasewski; and Stanislaw, Anna, Helena, and Boles- law Banach. NO CHANGE IN PARCEL RATE Hays Says No Increase in Postal Tariff Is Now Considered. 3 [ Washington, Aug. 4.—No_increase in parcel post rates has been put in effect and none is under censideration, Post- master General Hays stated today. Fear by senators which led to publish- ed reports that higher rates were be- ing charged, arose because an edifor in North Carolina was overcharged by the local postmaster and momptly wrote an Iedxmnal about the °increased rates, |sendmg it and a letter to Senator Sifn- mons, The editor ohjected to the chargé on forty-five pounds of ‘paper from" ' Rose Hill to Smithfield.” ' The regular rate is 49 cents' but the postmaster charged him ‘double that. “An"investigation of the pdrcel post service is under way and postal officials think the - service should at least support -itself. O MEN TO STAY ON RHINE. Will Remain Till Affairs With Ger- many Are Adjusted. Washington, Aug. 4.—A number of resolutions - relating to- withdrawal of American . occupation forces : from Germany, long pending before :the house foreign affairs committes, are not. expected to be acted on mxs ses- sion, if at all. .Chairman Porter announced he had discussed the situation with .the state. department. - 3 “It is my personal view,” ‘he said, “that American_soldiers will” retnain in \Germany ‘until .we have ‘adjubted our affairs with . that country, which I trust. will occur:in' the next;sixty or ninety days.” NEW SUB LAUNCHED Rortsmougth,” N. H.,* Aug. 4—The submarine 8-12° was launched at the navy yard here today: The S-12 is ‘the last one of theS class to be' construct- ed by the navy. ~ ‘ WILLIAMS IS VICTOR. . ewport, R. I, Aug, 4.—R. Norris Williams 2d. of Boston defeated -Vin- cent Richards of New York in straight sets in the fourth round of the.teannis tournament here today. The score was 6-1, 6-4, 6-3. ANOTHER MAYFLOWER PUTS IN AT PLYMOUTH H | President Harding and his grim Tercentenary celebration. the first president in office to visit COMMERCIAL DEPARTMENT party Plymouth, Mass., on the yacht Mayflower for the Pil- President Harding is Plymouth Rock, arriving at Colonel Sherill, Harding and, in INDUSTRIAL LOAN DEPARTMENT VACATION CLUB INSURANCE DEPARTMENT SAFE DEPOSIT BOXES. where the original Mayflower put fn. president’s aid; General Sawyer, presi dent’s physician; Left to right, | Secretary of ‘War Weeks, President the backsround, Mrs. Harding. SAVINGS DEPARTMENT FOREIGN EXCHANGE DEPT XMAS CLUB BOND DEPARTMENT TRUST DEPARTMEN' PUTNAM&Co Successor to Richter & Co. Member New York Stock Exchange 31 WEST MAIN STREET, NEW BRITAIN, CONN. STANLEY R. EDDY, Mgr. ’ TEL. 2040 50 shrs. N. & J. 50 shrs. Landers 100 shrs. Stanley Works W. T. SLOPER 23 WEST MAIN ST., NEW BRITAIN, CONNECTICUT Investmnents, Local Stocks Telephones, 1815, 1816 WE WILL BUY STANLEY WORKS, Common ‘AMERICAN HARDWARE @homson, Tenn & o. NEW BRITAIN New Britain National Bank Eldg. Telephone 2583 DONALD E. HART Mgr, HARTFORD 10 Ceatral Bow Telephone Charter 3000, We Have Buying Orders in &' Stanley Works Preferred. JOHN P. KEOGKH] Member Consolidated Stock Exchange of New York. ;?X:ebr“:n %%%%lgs x‘:".m Middletown Springfield * " Direct Private Wire to New York and Boston. G. F. GROFF, Mgr.—Room 509, N. B. Nat’l Bank Bldg. — Tel, 1012 'The 'Hartford-Connecticut Trust Company Corner Main and Pearl Streets, Hartford Conn. Csztal $1,250,000. . Surplus Funds $2,000,000.00 - Safe Depo51t Boxos, $5 and upwards. ” Settlement 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. NEW BRITAIN NATIONAL BANK ORGANIZED I8B860O o UNDER UNITED STATES GOVERNMENT SUPERVISION SAFE DEPOSIT BOXES .$3.00 PER YEAR “A BURGLAR-PROOF VAULT IN A FIREPROOF BUILDING.” in the City Your valuables should be in a safe place while you are away on your vacation—in fact, Liberty Bonds, insurance policies, deeds and family heirlooms should be kept in a place of safety at all times. Have you ever. considered a Safe Deposit Box? It costs only a cent a day — isn't it worth while? Get one of our boxes today.