New Britain Herald Newspaper, September 3, 1921, Page 11

wustrial 1 WEEK'S REVIEW AN!I i ne relaxa Henry G!ews, New York Financial e . Fxpert, Gives His Opinions | tn o6 e ot it of the e ime of the Mexk vdverse to th of article itution. T the staple of Athough the treme unemployment ymination nditior m to show that reports on - Off thnie Rubber showed a de GUEIAg August see t had already fairly discour there has the conte of the statement that little ¢ e been hut little change, and (R raher tha number ment Another Ge Al in s that July improve- | jar o0 t year would hardly he while { Iying it meeting the reparations |1t is a natural consequence of thi the half year the cttlement that there should be an as up to the ¢ | upwara movement in named in the b francs, but such flu it is 80 much be than had ADa ATy Pheen feared that the railroad fssue Britist have Leen able to mainiain themselve auite well. Favorable an in dex of business ¢ ! s the| steady and early t of many crops to marke munerative pr ntinue ment over la lees than $76 requirement 000,000; and net inc future L t that both “ontinental coun- ort heavily of e coming two or tates a strong which, in the | tries will have to ir our staples during th three months, necess ARe ext ¢ OVErn-| jomand for dollar | fuen houl ilue of Amer |y to that of |least n degrec very heavy imports United States has now stimated net gain of that metal for he first eight months of the year up 000,000. This, while it rengh of | tends to in-| | et p of litt 000,000 bales. The early marketing n furthered by the whol whil ement has be lef that farm price will not advance very producers are naturally de §etting funds with which to liquida but, whatever the ltates the restorati wer and curtails burden nf eredit straln which w. L otherwise be felt he outlook for a »d fall business in many lines s, ~4I u excellent | . wetion Disappointment. losur f the fact that the In-| terboro owewsabout $3,000,000 in un- |y A€ "t paid obligations and has been nego- (.. "o (o tiating for the extension of its $38..| "0 TC 000,000 notes maturing September | [0 T 1. was not surprising to e who Mark have been close to the traction it Rowie uation, but gave an unpleasant shock [ 0 % to the rank and fille of investors. The| L (L " "p sharp fall in the price of Interboro gocurities was under these conds ns 15 bhe expected With a very large| " ority of the notes deposited wnder an extension agreement, how- ove and the comparatively smnll am t due creditors, there is zood reason for belleving that a receiver- ship will be avoided, with lower operating tinuation of of gold into tha brought the « as n greatly cau to near $5 empha reser M onr & system difficulty of a restoration trade conditions. Ac- a statement of the Fed-| pank of this eity, loans| f the | 1 banks de-| rapidly in July than In| month since the maxi credit expansion was teserve look. lasses of hout. the | and ¢ d for mo: vailed thr prevalence of higher prices was partly duc to short cov- ering, but was also in part the re- sult of a genuine feeling of hopeful- ndss with regard to the future Values are low. but unfortunately | buyers wontinue scarce 0n the tive side of the market there en no parti r chan in | especially as PRy s ] hort interest n somewhat tnead The bear etill | \Mciently large to make it vulner ible should the demand for stocks appreclable increase There is renewed demand for b New issues are ly absorbe even the floating supply of sues is being taken up by investors| who feel that with comparatively easy money assured for a long time | ahead no better opportunity than the present will be afforded for in vesting safely and at the same time | getting in larze returns. A demand | for bonds is usually the prelude to for the sha indushr costs the trac rcount s | undrgo any deposited in our SAVINGS DEPT. increased Inquiry nk rallroad and tions. HENRY CITY ITEMS september Victor rec CLE ords at Pierce's seial and whist | t the home Dane- | K. of . law ely attende Square la also enjoyed ne, refinish, repair pianos, eptem er Jr L. Pieros Co——advt The Emerald Social club will hold their annual outing and clambake to norrow at MoMahon's grove, Victrolas and records, Henry Morans Advt The Hatmaking Junior Achieve. Th 1 t ina lawh 50l Be e e S h Miss E. Miller and « Al out ting work for the PERSONALS. John J where he | on or before vening. draws interest from §| Kiniry is cent operat ,‘.,r.nmm 1t the New Britain k I8 George Spear of Park visiting A Sloper Greenfield, Me Mr family and Mr. Spear carl in the week Miss Myrtle Brayne and Miss Neubaner are in Boston, Ma 2 The Misses Anna Mahon nings, 7 to 9 Sk HelatEalat Ihe B s will return home Anna | . over TRUST O (WERTAN Evy 5 Open Saturday Eve- WHEREVER YOU TRAVEL on your vacation or trip, always remem- ber to procure from us some Travelers Cheques—the safe, convenient medium for carrying funds. NEW BRITAIN NATIONAL BANK Wim THE ONLY NATIONAL BANK IN THE CIT NEW BRITAIN DAILY HERALD, SATURDAY, SEPTEMBER 3, 1021. "PICTURES RIGHT .rPOM THE BATTLEFRONT IN WEST VIRGINIA toward where awaited advance County, citizens Here is shown a member of the miners’ “army” in the rear, wa in West Virginia, cquipped with rifl nd “tin hat.” the “front’” at the «od of Many of those in the ranhs or the miners have state (roopers and deputized full war equipment. This with the . group them. waitinz word to Losan irmed man, SR This shows a who ac panied the “army £roup of the nurses of armed miners that marched into com- Mingo County, West Virgini 1zainst conditions there, T coal army” is fieclds in protest 5,000 strong. A Vacatica Club staried, after you have returned from your sum- mer’strip,willappeal more strong- ly to you. This is why The “Trust Co.” waited until Sepiember. Be- ginning the 19th and rupning for 40 weeks we will conduct a Vaca- tion Saving Club, where 50¢, $1.00 or $2.00 a week will provide a tidy sum for that good time next year. Plan to start in and save each week at ocur vacation window. Come in and ask quesiions. Open Tonight 7 to $ o’Clock New Britain Trust Co. 41 PUTNAM&Co. Member New York Stock lixchange Successor to Richter & Co. 31 WEST MAIN ST KT, NEW BRITAIN, CONN. STANLEY R. EDDY, Mgr. TEL. 2040 We recommend the purchase of Connecticut Light & Power 7% Bonds Due 1951 To Yield Better Than 7% W. T. SLOPEB JUDD & CO. MAIN ST., NEW BRITAIN, CONNECTICUT Telcphones, 1815, 1816 il L. JUDD ¥. G. JUDD 23 WEST Investments, Local Stocks We Offr: UNION MFG. CO. STOCK @Ihnmsam, fflfmm_& @Iu. NEW BRITAIN New Britai ok Fldg. T T Mgr. Televbone Charter 5000, WE OFFER AND RECOMMEND STOCK OF THE PECK, STOW & WILCOX COMPANY The stockholders of this company are to meet on Sept. 23, formally to vote on the increase of the capital stock from $1 00 to $2.000,000, by the giv y of one new re of stock cach three old s of siock held. JOHN P. KEOGH Member Consolidated Stock Exchange of New York. Waterbury Bridgeport har STOCKS New Haven Middletown BONDS Springfield Dircet Private Wire to New York and Boston. G. F. GROFF, Mgr.—Room 509, N. B. Nat’l Bank Bldg. — Tel. 1013 The Hartford Connectlcut Trust Company Corner Main and Pearl Streets, Hartford Conn. Capital $1,250,000. Surplus Funds $2,000,000.00 Safe Deposit Boxes, $5 and upwards. Setilement 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. Look up at your ceilings! S the plaster cracked, dangerously sag- ging? Nearly every home has one room that needs attention. ‘There is an easy way to do over brokens sagging plaster. Upsonize! Your carpenter can nail the big, sturdy panels of Upson Board right over the old plaster—and you’ll have a ceiling that can never crack, chip or fall. UPSOMN:=80ARD Because of its quality, Upson Board has always sold for a trifle more than ordinary wall-board, but it is by far the cheapest in the end. It is harder, stiffer, nearly fwice as strong— so it handles without costly breakage and holds to the nails, where weak boards will pull away. And its non-absorbent surface saves $5 to $15 per room in cost of painting. Phone us today for samples. The price has been reduced. The New Britain Lumber Co. 301 PARK ST. TEL, 3