New Britain Herald Newspaper, October 6, 1921, Page 11

Financial S et ee— WALL STREET STOCK EXCHANGE REPORTS Wall Street, 10:30 m.—Shor met with little opposition in their further depression of prices at the opening of today's market. Passing of the quarterly dividend on Sumatra tobacco soon effected a de- cline of 2 1-4 points. Mexican Pet. lost 1 1-4 although Pan-American Pet., with which it is affiliated, gained one point. Prominent a. stock rails, shippings and specialties, as featured by Delaware, Lackawanna and Western, Southern Pacific, Reading, second, pfd, Atlan- tic Ghlt and Sears Roebuck also were irregularly lower. Barly quotations for foreign exchange indicated an ex- tension of yesterday's general ad- vance. Wall street noon.—Pressure relaxed before the end of the first hoyr, the §% per cent opening rate for call money exercising a beneficial effect. Mexican Pet. made full recovery and coppers and sugars were one to two points higher. Before noon, however, tue selling movement was resumed, centering in tobaccos and soon spreading to steels, equipments and European oils, notably tobacco pro- Aucts, American t obacco, Baldwin J.oco., Royal Dutch and Shell Trans- port. Liberty bonds were moderate- ly active, virtually all the 4 1-4's ad- vancing to highest quotations of the year. Wall street, 1:30 p. m.—Tobaccos and olls led the further liquidation of the intermediate sessién. Sumatra in- crease its loss several points and Mex- ican Pet. was 2 3-8 points lower, Baldwin. Chandler; United Fruit, Bndicott-Johnson and Kresge were awmong the other heavy issues losing 1 ‘o 5 points. High 27% 1s=/. AmCan ... Am Cot Oil Am H & L. Am Sm & Re. Am Sg Rf cm Am Sum Tb. Am Tel & Tel Am Tob .. Am Wool . Ana Cop Atch Tp & 8§ F. At GI & W I Bald Loco Balti & Ohio. Beth Steel Bky Rp Tr.. Can Pac .... Cen Leath Co Ches & Ohio. Ch M1 & S P Chi Rk 1 &'P. Chile Cop Chino Cop Cl F1 & In. Con Gasa Cn Prd Re! . s Cru Steel 62. Cub Cn auh Elk Hn Coal.... 18 Endicott-John .. 64% Erie, pfd \m 13 1 e 5 nbx 124% 10 Co 31% 4% 36 Gen Electric Gen Motors . Good (B F) Gt North pfd Inspir Coj * luterbor Con Inter Con pfd Int Mer Mar. It Mer Mar Allis-Chalm Pac Oil Int Nickel Int Paper Keily Sprin Kennecott Cop Luck Steel lehigh Val Mex Petrol Midvale Steel % pfd 463 Mdg 33% 371 1413 4T% 41% 21% 41% 58% % 6 76 3% 14% 76% .. 26% .4l North Pacific Pure Ol .... Pan Am P T ... Penn R R . .. 36% Pierce Arrow . 10 Pressed Steel Car. 57% tay Con Cop . 14% Reading . . 1% Rep 1 8 S 2 Royal D, N Y .. Sinclair Oil Refin. South Pacific South Railway Studebaker Co xas Co Pacific Tobacco Prod Transcont Ol Union Pacific United Fruit United Retail St U 8 Food Prod U $ Indus Alco U S Rubber Co U S Steel .... U S Steel pfd Utah Copper 5 Va Car Chemical Willys Overland LOCAL STOCK MARKET TODAY 41% 36% 9% 57% 13% % 51t 43% 107% 497, (Furnished by Putnam & Co.) Bid Asked 132 137 107 111 185 192 134 138 2415 26 12 16 28 30 47 50 47% 49 15 56 47 Hfd Elef Light Southern N E Tel Am Brass Am Hardware . Billings & Spencer com Bristol Brass . Colt's Arms Eagle Lock ‘Landers, I and C N B Machine ... Niles-Be-Pond com 54 North and Judd - 45 Peck, Stow and Wilcox 37 Russell Mfg Co Scovill Mfg Co . Standard Screw Traut and Hine .. Union Mfz Co Stanley Works CLEARING HOUSE REPORT. Lxchanges . . ..650.200,000 Balances .+ 84,000,000 ROTARIANS HEAR NEWSPAPER MAN Hugh ODonnell Tells 0f Success of “Times” Hugh O'Donnell, representative from the New York Time: addressed tha meeting of the New Britain Rotary club which was held in the press room of the New Britain Herald plant thia noon. Many of the Rotariang for tha first time, saw the inside workinga ot A newspaper plant and for the interest of those present a spec “Rotarian edition” of the Herald was run off. Mr. O'Donnell has as his subject, “Edit 11 Policies and the News Val- ues of the New York Times. In h talk Mr. O‘Donnell told of the origin of the New York Times, its failure sev- eral years later and ho ngle man, who hailed from the touth and had plenty of ambition but little mo: again put the newspaper on its feet and made it one of the greatest in ti: world. Af the time Adolph Ochs took possession of tha plant, tha circula- tion of the paper was 9,000 daily. At the present time the circulation is nearly one-third of a million daily with over half a million copiea being sold on Sunday. There are 1,800 peo- ple employed at this plant which has 2 daily payroll of $10,000. Mr. O'Donnell went inta detail rela- tive to the process used by Mr. Ocha in making the “Times’ a leader in tha newspaper field. The motto “All tha News That's Fit to Print’ was adopt- ed by Mr. Ochs when he first took control of thg pdper and it ia claimed by him today that it w: tho retaining of this motto which was the biggest factor in the succe: oi the paper. ‘‘Honesty, Industry and Untrameled Judgment' easily describes the suc- cess of this New York paper, accord- ing to Mr. O’'Donnels. NEW BRITAIN DAILY BROWN IS NOT HELD Local Truck Driver Permitted Freedom Pending Analysis of Beer Taken in Canaan. Beer confisca when they s ted by the state police | ed a truck owned and| driven by TFrank E. Brown of this ciey in Canaan Tuesday while en route for Pittsfield, where it was to be delivered, has been sent to the state chemists for analys Pending a report on the analysis Brown was released on his own the authorities holding his truck as surety. According to Brown, nothing on the load but near beer. He denied today that he ever was engaged in rum running and claimed|. the police “have nothing on him. Before starting on the trip which terminated in the seizure of the cargo by the state sleuths, Brown claims he explained to A. J. Hagerty, for whom he was making the delivery, that he did not wish to become involved in the rym running exposure and un- less the stuff was within legal re- quirements he would refuse to carry| it. Given assurance by Hagerty, he says, that the bottles contained nothing stronger than near beer, he consented to make the trip. a there was JURY COMPLETE FOR TRIAL OF SCHUTTE State Allegations Presented to Gourt at Middletown Today Middletown, Conn., Oct. 6.—Twelve Jurors were in the box in the Middle- Tho New York Times, Mr. O’ Donnell stated, is willing to spend any amount of money to secure a truo and valu- able news story. During the war th paper was the only one which had direct story from the war front in its daily editions. It was also tha first and only paper to print the full tex:/ of the peace treaty,” Mr. O'Donnell added. In a few words, Mr. O'Donnell told of how news and advertising goes to make up a newspaper. The news, the editorials and the advertisemént: in the New York Times are censored by various committees and from Mr. O'Donnell’s talk it was perceived that this point is a great aid in the build- ing up of this paper which is read in 000 towns and cities throughout the country. Resolution Adopted. Previous to tho talk by Mr. O'Don- nell a kitchen shower was given John- stone Vance. Following ths addre the following resolution was passed. Resolved: That wa commend tha American Legion for their initiative in bringing to New Britafn what is prob- ably the best band in the United States the U. & Marine band, That wo exiead to them our supnort! both on account of the excellence of the performance and of tho causa to which the proceeds are to be devoted. The next meeting of the Rotary club will be held at the Elks’ club on Wash- ington street at 12:15 on Thursday, October 13. Mr. George Dyson and Eugene Porter will tell o! their ex- periences at the Poland Spring con- clave. GEN. DICKMAN RETIRES Former Chief of Army of Occupation Leaves Service After 45 Years — Sturgia Succeeds Him. ‘Washington, Oct. 6. — Major Gen. Joseph T. Dickman, commander of the eighth corps area with headquarters at Fort Sam Houston, Texas, and for- mer chief of the army of ocupation in Germany, retired today frem active service in the army, ending a continu- ous record of more than 45 years in the military establishment. In an- nouncing the retirement, Secretary Weeks said the vacancy in the grade of major general would be filled by Brig. Gen. Samuel D. Sturgis, com- manding the Panama Canal division. Both generals served with distinc- tion in the world war. TAKEN TO HOSPITAD. Plainville Man Suffers Painful Injur- ies to His Left Hand, John Waters of 166 Broad street, Plainville, was taken to the New Britain General hospital this morning, suffering from severe cuts on his Teft hand. While at work #t the New Britain Screw Corp. plant, he had his fingers caught in a saw. He wr tended by Dr. Carl J. Hart who found it necessary to amputate the left thumb and the first and fourth fin- gers at the first joint. WRIT! UELD Sewing Machine Causes Suit For $75— Hoberman Sues Goldman for $450. Gertrude Hemmingway has brough: suit against Alice Sheriden for $7 for payment, alleged due on a sewing machine sold the defendant. The writ is returnable in the city court the fourth Monday in October, and wags made out by Attormeys A. A. Greenberg and Alfred LeWitt. Harry Hoberman has brought suit against Harry Goldman for $450 on alleged payment due on a mote. The writ was issued by Attorneys Green- berg and LeWitt and is returnable the third Monday in the city court. ’i‘rying For New Record At Grand Circuit Today Lexington, Ky., Oct. 6—Two races planned in efforts to beat world's records are on today's Grand Circuit orogram, Peter Manning, who holds the world’s trotting record of 1:58 jontly with Uhlan, will make an ef- fort to lower it, and Arion Guy, who rolds the world four yvear ¢”™ trotting record of 2:01, will endeav. to low- er that mark. These races are in ad- dition to the regular card. sex county superior courtroom short- ly after 11 o'clock this morning to hear the evidence in the case of the state against Emil Schutte, store- keeper of the village of Shailerville, indicted for the murder of Joseph Ball and Mary, his wife, and Jacob, their 17 year old son, in December, 1915. State’s Attorney Ernest A. Inglis without delay proceeded to make his opening address in which the state’s allegations were outlined. Ten jurors were selected yesterday, 101 talesmen called and the 11th and 12th jurors were accepted out of 15 talesmen called. The defense took four chal- lenges and the state one. The jury complete is composed of: Arthur D. Fowler, farmer, Middle- field; Gordon S. Goodrich, farmer, Middlefiel®; A. A. Packard, electrical engineer, Portland; Giles A. Taylor, farmer, Middletown; Henry H. Lyman, farmer, Middlefield. Alvin Josephson, farmer, Frederick Bielefield, Middletown; Frank manufacturer Old Saybrook. Niles O. Deming, cashier, Essex; F. O. Jackson, farmer, Portland; William W, Asman, farmer, Durham; Fred- erick J. Brianerd, quarryman, Fort- land. The was two selected today. The indictment was read and- the state’s attorney stated that he was ready to proceed. The state’s witness- es were then seated, the indictment alleged that by gun and arson Schutte caused the deaths of the three persons. The death in each is covered by two counts. The first witness was Louis F. Quirk, a civil engineer of Middletown who told of surveying the territory around the site of the Ball®™cottage and he used maps to explain his d criptions. He said that measure- ments showed . Ball's house to have been' 5,200 feet from the store of Schutte. There is only a small clear- ing now where the Ball cottage stood and the cellar is overgrown with brush. The cottage was on a back road near the Connecticut river. Orr cross-examination by Judge Carlson for the accused the witness said that the road to the cottage pitched sharply as it approached the river. Other questions had to do with the surveyors' lines. Oscar B. Welker, a photographer, identified pictures he had made of the scene. The court then recessed. Portland, sforekeeper, W. Merrill, named were jurors VETS’ OPEN MEETING. Ladies' Auxiliary and G. A. R. Mem- bers Gather at Armory. There was a large attendance at tue state armory on Arch street last ovening of the A. G. Hammond camp. Ac it was open night members of the jary and the G. A. R. were pres- Loren D. Penfield of the G. A. gave a most interesting talk on Butler at New Orleans.” Others who gave addresses were Command- or Woods, Past Department Com- mander Streeter, Harry Jackson, Stuart Hellberg, Clifford Hellberg, Mrs. Walker, Mr. Hughes and Mrs. Ware, Martin-Erickson Wedding Performed in Silver City Thomas C. Martin of this city, and Miss Agnes E. iekson, also a resi- dent of New Britain, were married in Meriden, September 10. The cere- mony was performed by Rev. A. T. Randall of St. Andrew's church. Mr. Martin is a chauffeur and Miss Erick- son a clerk. CLEGATES FROM HERE. Misses Mary Johnson, Elizabeth Wainwright and Helen Martindell, of the local library, have been selected to represent New Britain at the an- rual meeting of the State Library As- rociation at Litchfield, October 20 and 2L aux et R. MARRIAGE ANNOUNCED, Mras. Daniel McKeown of Newington announced the approaching marriage of her daughter, Laurie Botham, to Albert F. Darling of West Dudley, Mass. It will take place on Septem- ber 14 at Southbridge, Mass. His | HERALD, THURSDAY, OCTOBER 6, 192). n (. 0. P. SENATORS Several Matters in Prospect at Capitol This Morning Washington, | vision of the ta among senate prospect today ences yescerday tions With debate continuing on the measure, negotiations were proceeding unong the republicans with a view to amendment of the bill as reported by the senate finance commitiee so as to provide for the following. Repeal next January 1 of all trans- portation es, except possibly on Pullmar accommodations Increase of income surtax rates on incomes over $500,000 from the com- mittee maximum rate of 32 per cent to a maximum of around 50 per cent. Repeal of all or a majorily of the luxury and so-cal “nuisance” taxes, including those on soft arinks. Increase of the corporation tax rate to 15 per cent, as recommended by the committee. Continuation of the capital stock tax. These principal points®of the com- promise under negotiation with finance committee members, were Oct. 6.—Radic bill, by ag republicans, as a rasult of conf between various fa corporation of the group of 14 repumican sena- tors who conferred last night at the home of Senator Capper, repablican, Kansas with Senator Lodge of Mass., republican floor leader. Most of those 1t the confefence were senators from western agricultural mtates and cluded many members of the called progressive group.” The Smoot manufacturers’ tax was discussed at the conference and a majority were represented as op- posed to it. DOUBLE SHOOTING AFFRAY New London, Man Fire Bullets Into in- so- Girl, Then Turns Weapon on Him- self—She May Dic. New London, Oct. 6.—Vincenzo Pas- core of this city and Miss Florence Joyce of Waterford are at Memorial hospital suffering from bullet wounds. Miss Joyce, it is expected will die while Pascore's wounds will probably not prove fatal. It is stated that Pas- core shot Miss Joyce at 60 Federal treet, this city, about 8:30 this morn- ing and then turned the revplver on himself. N-~w Dry Agent Picked For State of New York Washington, Oct. 6.—Designation of E. C. Yellowley, chief of the gen- eral prohibition agents, as acting pro- hibition director of New York state to succeed Harold L. Hart who h resigned, was announced today by Prohibition Commissioner Haines. REDUCE TRAINING PERIOD ‘Washington, Oct. 6.—Reduction -of the training period for reserve of- ficrs of the army engineer corps from three to two months in order to make possible larger attendano2> was an- nounced today by the war depart- ment and put away a select. Plan for a Good Capital $1,250,000. Bank by mail. It is PLAN REVISIONS CITY ITEMS Coats at Besse-Leland's.—advt eda Zehrer of 61 Trinity tendered a surprise pa home last evening by a num. w given in hon- r coming marriaze to Henry city. at I PUTNAM&Co. New York Stock Exchange Successor to Richter & Co. 31 WEST MAIN STRELT, NEW BRITAIN, CONN. STANLEY R. EDDY, Mgr. TEL. 2040 Member Besse-Leland's of North street has taken a position as teacher in the High school at Bridgeport Miss Martine Liegey will teach in German- town, Penn. The regular meeti John B be held this Judd’s hall. WE OFFER 10 American Hardware Corp. 50 North & Judd 50 Stanley Works 5 Helen Liegey £ of Commbodore council, A. R. I. R., will evening at 8 o'clo at A. ITEMS. Y. W. . All reservations for annual birthday supper should be in by Friday of this week. The supper is being held next Monday evening, October 10th at 6:30 o’clock in the gymnasium. As a part of the pro- gram thero is to be a short pageant entitled “The Road to Tomorrow' which will include eight sp parts and four dancers. This biggest party of the year and all mem- bers are urged to share in the good time which has been planned for all. Some 30 names have been received for the Wangum week-end. The time of reservation for Wangum has been extended till Friday noon be- cause during the last few days many new girls have become interested. Ar- rangements are being made to take the girls over to Wangum in autos in time for dinner at 1:30 so the Y. We Offer 100 Shares— W. C. A. should hear from all who eeviiiniand)| STANLEY WORKS COM. enough cars may be procured. Tele- | { phone 1005. JOH ; KEOGH There are still some vacancies in the sym and swimming classes which started this week. The dancing class and basketball, start tonight. Dancing from 7 to 8. Basketball from § to 9. N ST G TR R Member Consolidated Stock Exchange of New York. Waterbury Bridgeport ey STOCKS New Havea Middletown BONDS Springfield Direct Private Wire to New York and Boston. G. F. GROFF, Il‘gr.—Room 509; N. B. Nat'l Bank Bldg. — Tel. 1012 ‘homson, THenn & Co. B _ KEW BRITAIN HARTFORD «ew Britaln National Bank Eldg. e Telephone 2583 DONALD R. HART Mgr. ‘Telephone Charter 3008, Member Hartford Stock Exchange Press)—The Chinese reply .to Japal Member N. Y. Stock Exchange. proposals concerning Shantung was We Offer $ H transmitted to the Japanese minister ’ here this morning. The contents of the and are making a close communication were not indicated market in the stock of howe: THE COLLINS CO. A clrcular note to the foreign lego- We do not accept margin accounts. the members’ il I. JUDD F. G. JUDD W. T. SLOPEP JUDD & CO. 23 WEST MAIN sT., NEW BRATAIN, CONNECTICUT Investments, Local Stocks Telephones, 1815, 1816 TENNIS TOURNAMENT TO COMMENCE THIS AFTERNOON The tennis tournament of the Cen- tral Junior High school commenced on the Walnut Hill courts this afternoon. It is to be run on the elimination sys- tem, the double matches to be played first followed by the singles. The double " sets will be played today, Friday, Monday, Tuesday, Wednesday, and Thursday, after which will comfe the singles. JAPS GET CHINA'S REPLY Nation's View on Shantung Plans Arc Received at Tokio Peking, Oct. 5.—(BY the Associated” tions here says that the reply will be made public Friday. Dr. Yen. Chinese foreign minister has cabled the entire contents of the reply to the Chinesc minister at Washington. i EXTRADITION. $—Go ASKS Trenton, R It is not too late for you to take out Your Vacation Savings Club Booklet You will receive a check from us next June for $20.00, $40.00 or $80.00, depending upon which “group you Open Saturday Evenings The Hartford-Connecticut Trust Company Corner Main and Pear] Streefs, Hartford Conn. Surplus Funds $ 000,000400 Safe Deposnt Boxes, $5 and upwards. Settlement of Estates, Wills drawn without charge Foreign Exchange to all parts of the world. LETTERS OF CREDIT — GENERAL BANKING d a requi from the Connecticut authorities for the extradition of William King, now in the Hudson county jail, who i1 charged with killing Bernard Kilkelly at Stamford. INCREASE YOUR PLEASURE WHILE TRAVELING You obviate risk of loss, worry about identification and save much time by using Travelers Checks issued by us— thus increasing your pleasure while traveling. little each week. New BRITAIN NATIONAL BANK THIS IS THE ONLY NEW BRITAIN BANK PAYING 5% INTEREST We issue special Certificates of Deposit bearing interest from the day you deposit funds with us at the liberal rate of 5%. This interest rate, the highest consistent with the absolute security afforded, is available as a result of our Policy of at all times furthering to the greatest possible extent the interests of our depositors. Vacation in 1922. Issued in amounts of— $500, $1,000 and $5,000 safe and saves time.