New Britain Herald Newspaper, October 1, 1921, Page 11

S U Financial A ———— WALL STREET STACK FXCHANGE REPORTS Am Am Am -1 Am Am Am Am Beet Sugar. . 9014 Smelt & Ref 39 Sugar Ref Co 60 Sumatra Tob 41% Am Tel & Tel . 108 Am Woolen .... % Anaconda Copper 41% Atch Top & S F 86% At Gulf & West I 2814 Baldwin Loco ... 877% Baltimore & Ohio & Beth Steel B ... Bklyn Rapid Tran 7% Canadtan Pa... 113% Central Leath Co 29% Ches & Ohio ... 56% Chi Rock Isl & P Chile Copper. % i 26 .. 79 Crucibla Steel .. 64 Cuba Cane Sugar. 7% Endicott-Johnson 64 % General Electric 1241 General Motors. 103 Goodrich B F Co 4 Gt Northern pfd. Inspiration Cop 36 Interborough Con Interbor Con pfd.. 5% Int Mer Marine.. 10% Allis-Chal Mfg.. 33% Int Nickel .. . 143 Int Paper .. . 49% Kelly Springt . 43% Xennecott Copper. 223 TLack Steel .. . 4% Lehigh Valley' Mex Petroleum Nat Lead .... N/ Y Central . NY NH H Norfolk West . North Pacific . Pure Oil .... Pan Am P T . Penn RR .. Pierce Arrow Ray Con Cop Reading . Rep I S . Royal D, N Y'... Sinclair Oil Refin . South Pacific . South Railway Studebaker Co . Texas Co .... Transcont Oil . Union Pacific United Fruit United Retail St . U 8 Food Prod .. U S Indus Alco .. U 8 Rubber Co . U S Steel ... U S Steel pfd . Utah Copper ..... Willys Overland .. Pacific Oil Monday—*“Buried Treasure LO MARKET TODAY (Furnished by Putnam & Co.) Asked 133 202 26 16 30 S 18 Landers .... N B Machine Niles North and Judd .. Peck, Stow and W Russell Mfg Co covill Mfg Co . tandard Screw Traut and Union Mfs . tanley Works . Theron W. Hart, pianist, organist, song coach, has resumed teaching. Phone 143-5.—advt. 5 Miss Blinn will reopen her classes in modern and aesthetic dancing Tues- day, Oct. 11th, at 4 o'clock at Elks’ club, for two-courses of twelve les- sons each. Applications. received at hall Tuesday, Oct. 4th, from 3 to 5 o'clock or address 66 Evergreen ave- nue, Hartford.—advt. All McCormack Records at Morans'. —advt. Jester has great buys at his clean- up used car sale, 193 Arch St.—advt. Key cutting, Monier Bros.—advt. VOTE $400,000 FOR SCHOOL BOARD NEEDS \ Board of Finance and Taxation Pro- vides for New Building, Exten- sion and School Site A recommendation for the issuance of. school bonds tothe amount of $400,000 was drafted last evening at a meeting of the board of finance and taxation and will be rocommended to will be called after the council session Final action will be taken at a meet- ing of the city meeting board which will be called after thecouncil session. Chairman E. Clayton Goodwin of the committee on schoel accommoda- tions and Superintendent of Schools Stanley H. Holmes attended the ses- sion in the interests of the school board. The building program of the school committee was outlined by Mr. Goodwin who spoke of the school needs, as did also Mr. Holmes. Mr. Goodwin told the board that the new Cagmody school will take care of only a #mall part of the school needs. An extension is needed at the Smith school and a school site in the north- western section of the city is desired. The moneys appropriated are to pro- vide for these purposes. President F. S. Chamberlain of the board of finance and taxation esti- | mated that there will be a shortage of $45,000 on the Nathan Hale appro- priation since the bonds issued did not market at par. ] Tonight when you come down town plan to step into the Bank" here, and take out a membership in our new Vacation Club — You would, enjoy ‘having a check or $80.00 come wouldn’t you? for $26.00, $40.00 to you next June This is possible if you decide to put away each week for 40 weeks, the sum of 50c, $1.00 or $2.00. Our chgck will come to you about the middle of June. We are open from 7 to 9 p. m: NEW BRITAIN DAILY HERALD, SATURDAY, OCTOBER 1, 1921, STREET RAILWAYS ABOUT T0 PROSPER Babson Says Better Times Are Ahead for Utilities “During the coming week all of the street railway interests of the coun- try will meet for a big convention to be held in Atlantic City. “Notwithstanding the general im- on that street railways have seen their best days the industry is one of the biggest in America. In fact, it is within the group of than a score whos over a billion do you gers each year, or that every . woman and child in the United s averages to ride about 200 every 12 months. “Of all the large interests it is the one who pays the most to labor. Forty-six cents of every dollar goes to the employ Furthermore it has the smallest percentage of profit. Only two cents of the dollar goes to those who furnish the money. It is the one industry closest to the masses. “It is the common opinion that Henry Ford and other automobile manufacturers have put street rail- ways on the rocks. In a few sections of the country this is true; taking the |s United States as a whole it is not true. There are more street railway riders today than ever before. Statis tics show that there is even more riding per capita today than there ever has been. “The difficulties ot the str s have come dur from the ir way industry will automatically come more prosperous. just one thing—street railway as a class will go up in price. “The troubles of certaim have been due to the fact t were ‘born in iniquit in sin.’ It is inter the roads which have trouble ar. time: to note t offithose using graft to manipulating should securities. be careful to by men who are honest, fair and “Street railway incomes are not fected by cturing enterpris their pro; Y pendent cn general prosperity. pre ters. Unfortunately only provement is evident a: quarters. Business todsa ning but 80 per cent of normal s a vy ‘When top to realize that billion is collected in nickels and this means that the various carry about twenty billion and operating ex- in general. Now that these expenses have turned the corner and are going downward, the street rail- March. ts strictly reserved). reached last (A1L Convenience, Safety and Yo OUR Industrial Certificates of Deposit are an ideal investment for funds temporarily idle which you wish to keep available at short notice. These Certificates pay 5¢, interest from the day of deposit to the day of withdrawal. Unlike many investments, there is =~ 'nger of fluctuation in value. They can be for investing lcrge or small\amounts for a long or short period of time. Why not place your spare funds in this con- venient, profitable form of investment? i Certificates are issued in amounts of $500, $1,000 and 5,000 THE COMMERCIAL TRUST CO. Open Saturday Evenings 7 to 9 The Burritt Savings Bank Depositors: Interest at the rate of 412 % per annum was voted to depositors at a meeting of the Directors held September 26th, 1921. Interest will be added to your account at this rate October 1st, and will be read‘y to be placed upon your pass hocks any time after October 15th. Money deposited October 1st, 3rd, 4th and 5th will draw interest from October 1st. Weé Are Open Saturday Evening 7 to 9. Burritt Savings Ban This means bonds stems they and conceived ad the mo: large then‘&in getting franchises a Investors purchase only the securities of companies controlled ‘ to render the best possible general business so much is especially true in industrial cen- a little im- et in these is still run- compared with the low of 72 per cent be- | PUTNAM&Co. New | Successor to Richter & Co. and | it 31 WEST MAIN STRELT, NEW BRITAI STANLEY R. EDDY, Mgr. ha Member York ftock Exchange CONN. TEL. 2046 WE OFFER 90 STANLEY WORKS PREF. are af- as H. L. JUDD F. G. JUDD JUDD 23 WEST MAIN 5T, NEW BKITAIN, CONNECTICUT Investments. Local Stocks Telephones, 1815, 1816 We Offer: 50 AMERICAN HARDWARE 50 LANDERS, FRARY & CLARK 50 STANLEY WORKS, Common. JOHN P. KEOGH Member Consolidated Stock Exchange of New York. Bridgeport STOCKS New Haven BONDS Springfield Direct Private Wire to New York and Boston. ‘Waterbury Danbury Middletown G. F. GROFF, Mgr.—Room 509, N. B. Nat’l Bank Bldg. — Tel. 1012 @Thomson, Tenn & Co. NEW BRITAIN New Britain National Bank Eldg. Telephone 2583 ONALD R. HART Mgr. Member N. Y. Stock Exchange. HARTFORD 10 Ceatral Row Zelephone Charter 5000, Member Hartford Stock Exchange ANNOUNEEMENT We wish to announce that we have purchased a seat on the New York Stock Exchange. This action was necessitated by the volume of our strietly cash in- vestment business in securities listed upon the New York Stock Exchange. Our membershipin the Exchange yvill not alter our policy of refus- ing to accept margin accounts. ‘We Do Not Aceept Margin Accounts. MO RGANIZED 1860 WHO WILL YOUR EXECUTOR BE? Let us talk with you about the ad- vantage of having our Trust De- parimeont act as your executor. NEw BRrITAIN NATIONAL BANK The Hartford-Connecticui Trast Company Corner Main and Pear] Streets, Hartford Conn. Capital $1,250,000. Surplus Funds $2,000,000.00 Safe Deposit Boxes, $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. TR T a3 Typewriters Repaired, All Makes Have you a typewriter which-needs overhauling? We will loan you a machine free of charge while ! we repair your machine. \ — We also rent typewriters — ! New Britain Typewriter Exchange § 96 West Main St. Tel. 612