New Britain Herald Newspaper, February 3, 1922, Page 22

22 Financial News ] Wall Street, 10:30 a, m.-~The ex.| tensive short interest in the stock mar ket continues to cover at the active and firm opening of today's session, | Olls, utilities and many miscellancous shares registered carly gains extending | from large fractions to over one point, | General Asphalt, People’s Gas, Third Avenue and Brown Shoe were the | strong features. National Enamelling, American International, Iron Products, Studebaker, Industrial Alcohol, Texas Gulf Sulphur, Pittsburg Conl and Col- | umbia Graphophone pfd., were in de mand with Corn I'roducts, Virginia Carolina Chemical, General Eleetrie | and Hide and Leather ptd, One block | of 12,000 shares of General Motors | ®o0ld at 9, unchanged from yesterday's | final price, | Noon—Trading broadened under | s the more confident operations of pools | during the morning, transactions in the first hour amounting to 300,000 shares. Call loans opened and re newed into next week at § 1 per eent. but in private offerings a lower | rate was made. Baldwin and Pull- man were added to the stronger| equipments and Mexican Pet, Royal Dutch, Houston and Standard of N, J strengvhened with other olls, Chain store and testile issues were featured by Kresge, Cluett, Peabody and Wool- worth at gains of 2 to 3 points. After losing 2 1-4 points American Ice ral- liel 5 points but soon cancelled its gain. American Snuff featured the dormant specialties at a gain of 12 points. 1:30 p. m.—Buying of representa- tive shares like the high priced rail- 10ads imparted an additional stimu- lating force to the upward movement in stocks in the afternoon. TUnion Pacific, Atchison, Great Northern pfd., Norfolk and Delaware & Hudson ad- vanced 1 to 1 1-2. American express gained 6 3-4 and Chandler 3 points, 3T% 146 20% 107 46% 6614 29% 118% 135% 53 48% 96% 27 98 % 34% 61% 124% 325 56% 18% 32 17% 26% 91 103% 61% 9% 51% Am Car & Foun 146 Am Cotton Oil . 21% Am Locomotive 108 Am Smelt & Re 46% Am Sug Re com 67% Am Sum Tob . 20% Am Tel & Tel 118% Am Tob ...... 136% Am Wool ..... 83% Anaconda Cop 487% Atch Top & S F 96% AtGulf & WI.. 27% Bald Loco 98% Balt % Ohio ... 34% Beth Steel B ... 62 Can Pac ......125% Cent Leath Co. . 32% Ches % O ..... 561 Chi, Mil & St P 18% Chi Rock Isl & P 32% Chile Cop ..... 177% Chino Cop .... 26% Cons Gas ...... 91 Corn Prod Ref 104% Crucible Steel .. 62% Cuba Cane Sug. 10 Endicott-John 821% Erie 9% Erie 1st pfd %.. 13% Gen Electric ..147% Gen Motors .... 9% Great North pfd 74 E ' Inspir Cop .... 39% % Interbor Con .. 3% Intr Con pfd. 95 Int Mer Mar 15 Int Mer Mar pfd 69 Allis Chalmers . 45% Pacifis Oil .... 46% National Lead . 92 Int Nickel Int Paper Kelly Spring Tire Kennecott Cop Lack Steel .... Lehigh Valley Mex Petroleum 114% Midvale Steel .. 30% Missouri Pacific 18 N Y Central .. T5% NYNHG&H16% Norfolk & West. 100 North Pacific .. 78% Pure Oil cv. 353 Pan Am P & T 52% Penn R R 34% Plerce Arrow .. 15% Pittsburgh Coal. 60 Ray Con Cop.. 14% Reading . 3% Rep I & 8 53 % Royal D, N Y.. 50% 8inclair Oil Ref 20 South Pacific 82Y% South Rall .. 18% 8tudebaker Co . 92 Texas Co 45% Texas & Pacific 31 Tobacco Prod ...64% Trans Oil . 9% Union Pac .....129% United Fruit 135% United Re St ... 55% U 8 Food Prod b5ls U § Indus Alco 454 U S Rpbber Co 6514 U 8 Steel ...... 87 Utah Cop . 63 % Willys Overland 6% (Putnam & Co.) Bid 45% 661 28% 118% 134% 829 48% 95% 26% 97% 34 62% 124 32% 55% 18% 31% 17% 265 90% 103% 61% 974 817 8% 5 Asked 166 127 203 Hfd Elec Light Southern N E Am Brass Am Hardware Blllings & Spencer com Bristol Brass Colt's Arms Eagle Lock Landers F & N B Machine Niles-Be-’ond com North & Judd Peck, Stow & Wilcox . Russell Mfg Co Scovill Mfg Co Standard Screw Traut & Hine Union Mfg Co Stanley Works (o] W YORK CLEARING HOUSE REPORT 676,900,000 $4,100,000 LECTURE ON STEEL. New Britain members of the Am- erican Society for Steel Treating will attend a lecture by A. H. d’Arcambal, a metallurgist for Pratt 1 Whit- ney, to be given in Hartford Thurs- day evening. The lecture will be held in Jewell hall of the Hartford Y. M. C. A. Mr. d'Arcambal will talk on *High Speed Steel J. J. Curran of 195 Fairview street, this city, is sec- retary of the Hartford chapte —FOX'S— Starting Sun., Mon.. Tues, & Wed. ‘SATURDAY NIGHT’ Cecil B. De Mille’s Best Marines’ Friend When Edward H. Shaughnessey, second assistant postmaster general, was reported dying at Walter Reed Hospital as a result of injuries re- ceived in the Knickerbocker theater disaster, 40 U, 8, Marines volunteered to give their blood for a transfusion. CONFEDERATE BILL FOILS MERGHANTS 01d Money Pawned O on Ger- man $torekeepers Berlin, Feb. 3—Another issue of United States Confederate money, in $10 bills, has been put on the market in Germany, and several prominent merchants have been victimized to the extent of thousands of dollars. Scores of others have accepted the bad bills in smaller amounts. A few months ago the Confederate money, suspiciously bright and clean, was passed quietly around to unsus- pecting shopkeepers and to even a few visiting Americans who displayed carelessness in making change. At that time a warning was issued by the banks and ithe newspapers ad- vised readers to use discretion. The latest known victim is a mer- chant who sold a bill of goods for $900 in cash and accepted the Con- federate currency. He appealed to the American Association of Com- merce and Trade in Berlin. The association, as a result of these raids on German marks and German goods by the Confederate money ven- dors, has issued a warning to its clientele, declaring “the only way to avoid such losses is to effect all pay- ments for goods through a bank, especially where foreign currency comes into question.” German merchants recently also have been accepting counterfeit Ger- man 50-mark notes, many of which are still in circulation, although the police succeeded in capturing the counterfeiters. Fr. Downey Given $100 By Com. Barry Council Rev, William A. Downey was pre- sented with a purse of $100 in gold by Commodore John Barry council, A. R. L. R, at the regular meeting of that body last night. Father Dow- ney and Rev. Walter A. McCrann, the latter a curate at St. Mary's church, addressed the meeting. Preceding the business session, the officers of Barry council were installed in office. BOY DYING South Norwalk Youth Has Sleeping Sickness. Feb. Twelve year old George Walter Cable is seriously ill at his home here with sleeping sickness. The boy has been asleep since being attacked last Satur- day. The boy was recently vac- cinated. This makes the fifth case of sleep- ing sickness in the past two years, one having been fatal. Little hope is held out for the recovery of young Cable. South Norwalk, REFUSE! ATORIAL TOGA. Baltimore, IFeb. 3 — Hanford MacNider, national commander of the American Legion, refused to accept appointment to the United States sen- ate from lowa to succeed William S. Kenyon, who resigned to become a federal judge. Col. Washington Bowie, Jr., announced at a meeting of the Maryland executive committee of the Legion yesterday at which Col. Mac- Nider was present. Col. MacNider made no comment. BOARD SITS Today's session of the board of re- lief was not as biusy as the opening sitting which was Wednesday after- noon. Several petitioners for reduc- tions in property valuations were Mheard and most of abatements sought were for comparatively small amounts. ! TAUMB IS AMPUTATED. Leander Bengston of 412 EIllis street, met with an accident while at work at John Olson's planing works on Pearl strect this morning. The thumb of his left hand badly cut on a saw and at the New Dritain General hospital it was found neces- sary to amputate it. COMPLAINS OF' SIDEWALK. John Brasl, of 41 Whitman street, reported to the police today that his wife while on her way home yester- day, fell on a sidewalk on Staniey street near Pleasant street, and w painfully hurt. He reported that the sidewalk was in a bad condition. ARBUCKLE WITNESS TO WED. Lincoln, Neb., Mrs. Maud Bambina Delmont, who figured in the first Ar- huckle manslaughter trial in San Francisco, has announced her en- gagement to Lawrence Johnson of Iioise, 1daho, a vaudeville actor, Mrs. Delimont has been in Lincoln since Tuesday. ; NEW BRITAIN DAILY HERALD, FRIDAY, FEBRUARY e e PLAN FOR RAISIN REVENUE FOR BONUY Bill Will Carry Proviso for Money -No Beer Tax Soldier bonus legislation now under congideration by the house ‘ways and means com- mittee will carry & provision for rais- ing the ary revenue to finance it, Chalri n Fordney annoupced to- day after a conference with Presi- dent Harding at the White House, Whether the money will be obtained by internal taxes or the use of the proceeds from the refunded forelgn debt or both remains to be deter- mined, Mr. Fordney gald, He ex- pects the bill to be ready for the house within two weeks and thinks only a few days will be required for its passage, Senate republicans in party conference have already voted to press the bonus leglslation but they have not deeided upon detalls, particularly the means of raising the money, Because of the uncertainty as the number of former service men who will take the cash feature, the house committee is having diffculty in determing just what the cost will be for the first two years. Experts have ‘conceded that the estimates that fifty per cent of the men will take cash is little more than a guess. Some estimates are as high as 80 per cent, Tax On Beer, Arguments for and agalnst the tax on beer ‘as a means of raising funds for the bonus were heard today by the committee and at their conclusion members indicated clearly that such a tax would not be considered. Representative Green of Iowa, the ranking republican, declared the ar- guments against legalizing the sale of beer was so gompelling that the pro- position coul not be entertained. Representative Garner of Texas the ranking democrat said it was a waste of time to talk about raising revenue when two-thirds of both the house and senate were opposed to the beer and light wine proposal. An argument for 2.75 beer was made by Levy Cook a Washington at- torney who declared that no man could become intoxicated on such beer and that its legalized sale would do away with bootleggers and moon- shiners and would dissipate much of the industrial unrest. Wayne B. Wheeler general counsel for the anti-saloon league argued that congress under the 18th amendment could not legalize the sale either of 2.75 per cent beer or of light wines. Opposition to a general sales tax, manufacturers tax or any form of consumption tax in connection with the bonus was voiced by H. C. Mec- Kenzie, of Walton, N. Y. representing the American farm bureau federation. DEATHS AND FUNERALS Mrs. Emma P. J. Loomis The remains of Mrs. Emma Jose- phine Porter Loomis were taken to New Hartford this morning for inter- ment. The deceased was the wife of C. Darwin Loomis. Washington, Feb, 3.~ ne to Mrs. Emily J. Fairbanks. Funeral services were held this af- ternoon at 2 o'clock for Mrs. Emily J. Fairbanks, from the home of her son, Fred I, Fairbanks, of 57 Glen street. Stella Rebekah lodge, 1. 0. O. F., was in charge of the services. Rev. Henry W. Maier officiated and burial was in Fairview cemetery. ! Miss Julia A. De Wier. The funeral of Miss Julia A. De Wier will be held tomorrow afternoon at 2 o'clock, Rev. Henry M. Maier, pastor of the Iirst Congregationy church, officiating. Burial will be in Fairview cemetery. Mrs. Jennie E. Perry. Rev. William A. Ross, pastor of the First Baptist church, will officiate at A Messz:g;a From The King Timothy Poore, 84, and his wife, been married 60 years. Here they are reading King George’s mes- o (29 1 83, of Acton, England, have sage of congratulation. IRISH flKE_ : No Agreement Reached Between Rail- way Heads And Men—Andrews To Attempt Conciliation. Belfast, Feb. 3. — (By Associated Press) — The Irish railway manage- ment and employes have failed to reach an agreement and the Ulster minister, J. M. Andrews, has been ur- gently summoned to Dublin to renew cfforts for a settlement with Joseph McGrath, minister of labor in the Dail cabinet. If the negotiations definitely collapse a general strike throughout Ireland will go into effect on I'ebru- ary 156 Si one passengers on the steam- ship Cedric, who were landed yester. day at Queenstown, are unable to de- part, 2s no trains are running from cither Queenstown or Cork. For Congress This Year South Norwalk, Feb. 3.—Elsie Hill, daughter of the late ex-Congressman E. J. Hill of this city, is to follow in her father's footsteps and will run for congress from this district on the Connecticut farmer labor ticket, according to an announcement made today at the local headquarters of the party. Miss Hill recently announced her marriage to Prof. Albert Levitt of the University of North Dakota, and also her intention of retairfng her maiden name. In 1920, Miss Hill was a candidate for secretary of state on the same ticket. As nominee for secretary of state, Miss Hill ran ahead of her ticket, having 1,910 votes to 1,896 cast for the nominee for governor on the farmer-labor ticket. Congressman Merritt, republican, carried the dis- trict by over 28,000 votes. WITH STATE POLICE. Hartford, Feb. 3.—Appointments announced by the adjutant general's office today included: Phillip N. Hur- ley, Milford, first lieutenant appoint- ed captain; Irederick S. Frederickson, *| Bridgeport, second lieutenant to first lieutenant; and Captain Harold L. Burr is promoted to major with rank from February 2. UEZel e HAD NO LICENSE Meriden, Feb. udwig Bartolis, 66 years old, of 58 Washington street, Wallingford, a factory employe, was fined $200 and costs, totalling $213.95 in the police court here today when he was arraigned for a seeond time the funeral services for Mrs. Jennie E. Perry tomorrow morning at 10 o'clock. The remains will be taken to Deep River for burial. Martin Schetzkus The funeral of Martin Schntzkus,! was held at 8 o'clock this morning in St. Andrew ithuanian church. R('\',l Ldward V. Grikis, was the celebrant of a requiem high mass. The burial was in St. Mary's new cemetery. CONDITION IMPROVED. The condition of Rev. Thomas Grif- fin, formerly. of this city, who s undergoing treatment at the Derby hospital, is reported today to be con- siderably improved. I‘ather Griffin was taken to the institution several days ago suffering from an infection resulting from an ulcerated tooth. MISCELLANEOUS SHOWER. A miscellaneous shower was given last night at the home of Mrs. Joseph Taricano of Allen street, in honor of Miss Elvira Garbellini who is to be- come the bride of John Del FFavero, February 9. ON PALESTINE, Rev. Dr. George W. C. Hill deliv- ered an illustrated address on his trip to the Holy Lands, and especially Palestine and Damascus, at the regu- Jar Thursday night service at the South Congregational church last eve- ning. A meeting of Rev. William A. Harty branch, A. O. H., will be held tonight at 8 o'clock at K. of C. hall on Main street. The committee in charge of the annual St. Patrick's ball will meet and present a report of its prog- ress to the society. ————— THESE ARE HARVEST DAYS FOR THE SMALL INVESTOR The whole world is bidding for money at the highest interest rate in all history. Today you can get $10 on every $100 with safety on a certain high-grade security. Write for Financial Bank Reference, etc. Investment House of RL SCHOONMAKER 47 West 1ith § Statement. « on practicing medicine in this city without a license. On November 30, 1920, he was fin- ed $100 and costs here totalling $119,- 30 on a similar offense. He was ar- rested yesterday afternoon by the state police on complaint of a Meri- den woman, that he had treated her danghter for a knee injury and had accepted fees for his services. BANKRUPTCY PETITIONS. New Haven, Feb. 3.—Bankruptey petitions today included those of the Capital City Auto company, Hartford, with debts of $51,322 and assets of $15,356; of Isidor Cesnutis, Derby, clothier, debts $5/923 and assets of $5,570, and of Charles Montanaro, Bridgeport grocer, debts $2,630 and assets of $525. City Items Victor TFebruary records, C. L. Pierce & Co.—advt, Alfred Butler, of Ellington, a for- mer service man, will provide the en- tertainment® at the meeting of Bur- ritt Grange tomorrow evening in Judd’'s hall. He will be assisted by his daughter. The meeting will open at 7:30 o'clock, Vocal selections will be contributed by Mrs. Stuart Upson and refreshments will be served. A. Gorbach has moved to room 212, Booth's Block.—advt. William W. Hanna, who underwent an operation at the New DBritain Gen- eral hospital vesterday, was reported to be in a fairly comfortable condi- tion today. Just out “Granny” at Henry Morans —advt. The condition of Thomas J. Smith, registrag of voters, showed an im- provement today, the attending phy: cian reported. February Victor Pierce & Co.—advt. A marriage license was taken today by Melvin McOmber and Gladys H. Bradbury, both of South street. Miss Loretta Garrity of Farming- ton avenue is ill at her home. Members of the Viking club will enjoy a theater party at the Lyceum this evening. A social will be held at the club rooms following the show. The regular monthly meeting and supper of the Young Women's de- partment of the South Congregational church will be held Monday evening. William Sullivan, Jr., of Beaver street, is confined to his home by ill- TRAFFIC TIED UP on Berlin records. C. L. Athletic German Railway Strike Branch of Union Joins Other Workers on Roads. Berlin, Feb. 3.—(Ry Associated Press.)—Germany’s railway strike, which has almost completely tied up all kinds of traffic since Wednesday midnight, became more complete to- day when the Rerlin branch of the railroad union joined the ranks of the strikers. It was estimated today that 77,000 engine drivers were now strik- ing. Passenger and freight traffic throughout Germany was at a com- plete standstill. LARGE R CROP. Washington, Ieb. 3.—The present sugar ctop of the Dominican republic undoubtedly will be the largest on record, Vice-Consul G. A. Mackenzon reported * today to commerce depart- ment. It will be, he said, at least 250,000 tons as compared with 208,- 000 tons last year. WANT FEWER ARMY OFFICERS Washington, Ifeb. 3.—A Dbill to re- duce the number of army officers to 12,000 as compared with 17,000 now authorized, was transmitted to con- gress today by Gen. Pershing as chief f staff and introduced by Chairman Wadsworth of the senate military committee. bigamy. Two Wives Say Goodbye This shows Willard Long saying farewell to his two wives Marjorie and Mary Lee, in circuit court at New Albany, Ind. He will be gone from both for two to five years. Yes, the charge was STANLEY R, EDLY, Mgr. sylvania, ser territory served extends from the East, westward through the Susquehanna River. up-to-date, h. p. All electric properties nual dividend recuiremen H. L. JUDD F. G. JU Investments, Local Stocks Dividends January, April, .]pl_v This company supplics electric power 2 communities and gas to 13 cities and towi ng a total population of over 600,000. voltage transmission lines aggregating 3 1 Earnings are at the rate of two and one-half times an- Member New York Stock Iixchange successor to Richter & ©o. 31 WEST MAIN STREET, EW BRITAIN, CONN. TEL, 2040 PENNSYLVANIA POWER & LIGHT CO. 7% Preferred Stock and October 1st and light to 108 ns in castern Penn- The and Allentown on Bethlehem ( f the anthracite the heart o coal district to the industral and agricuitural section along The company’s electric generating plants are modern, and have a present installed capacity of 133,500 are inter-connected by high 77 miles in length, The company is under the supervision and management of the Electric Bond & Share Co. We recommend this stock for investment. Price and circular on application. ‘DD W. T. SLOPER JUDD & CO. 23 WEST MAIN STREET, NEW BRITAIN, CONNECTICUT "Telephone 1815—1816 We Offer: Price on application. NEW BRITAIN New Britain National Bank Bldg. Telephone 2580 DONALD R. HART, Munager Member N. Y. Stock Exchange 100 SHARES STANLEY WORKS, Preferred HART{'ORD 10 Central Row Telephone Charter 000 Meraber Hartford Swock Exchange. We Offer ¢ ZHi . K JOHN P. Waterbury 4 { Danbury Middletown Direct Private Wire to G. FOR SHACKELTON Montevideo Will Show Highest Honors to Dead Explorer When Body Leaves. Montevideo, I'eb. 3—An official and public demonstration is ranged in honor of Sir Shackleton when his body barked for England on the British steamship Andes February 11. President Brum has asked con- gress: for authorization to render the same honors as are given a deceased cabinet minister and it is planned to have a public procession in which the local British organizations will par- ticipate, escort the body to the pier. Members of the British colony are also arranging for services in the British. church where it is intended to convey the body the day prior to the sailing of the Andes. being ar- Ernest is em- A London dispatch Thursday night quoted the Daily Mail as stating that the body would be {aken to South Georgia Island and buried there, in accordance with a decision attributed to lLady Shackleton. His relatives and (riends fe.t, said the newspaper that it would accord with his desire to be laid at rest at the gates to the Antarctic. There has been no intima- tion as yet in Montevideo advices, Member Consolidated Stoc 0CKS BONDS * F. GROFI', Mgr.—Room 509, N. however, that such instructions from the explorer's family had been re- ceived there. POOL ROOMS IN CHURCH. Rev. John L. Davis will conclude his talks on psychology to the Ever: man's Bible class Sunday morning. The following Sunday, Rev. Albert Hall Merion, pastor of the Methodist church in Laconia, New Jersey, will speak. Rev. Mr. Merion is the head of a modern church which is fitted up with gymnasium, club rooms, pool room, bowling alleys and recreational rooms. He also has been decorated by the French government for brav- ery during the war. He recently re,. turned from overseas, where he was doing reconstruction work for the government. e i AT COURT OF JUSTICE. The Hague, Netherlands, Feb. 3, (By Associated Press).—The interna- tional court of justice meeting in pri- vate session here this afternoon, elected as president of the court Dr, B. T. C. Loder, a former member of the Dutch supreme court. 'ANLEY WORKS COMMON and 5 LANDERS, FRARY & CLARK We Do Not Accept Margin Accounts i e e KEOGH k Exchange of New York Bridgeport New Haven Springfield New York and Boston B. Nat'l Bank Bldg.—Tel. 1012 25 MINERS KILLED Twenty-two Bodies Recovered From Mine—Three Others Believed to Be Buried in Slate. Gates, Pa., Ieb, ~Twenty-five miners lives the ex- plosion which wrecked a part of the Gates mine of the H. . I'rick Coke Co. yesterday according to an official announcement today Twenty-two hodies have been recovered. The oth- er three are buried under a fall of slate, and cannot be reached from %he entries in which rescue crews have been working. Rescue teams were sent early to- day to the Idenborn mine and ex- pected to work their way through old workings to the section of the Gates mine affected by the explosion. lost their in New Haven Dairy “Eskimo Pie.” Ask your dealer for New Haven Dairy “KEskimo Pie’—the newest most appetizing confection that all Connecticut is eating. No dishes or spoons necessary. Packed in foil. 10¢c at New Haven Dairy dealers.—: STOCKS & BONDS Bought and Sold Onr Investment Review, pub- lished fortnightly, treats the most active stocks in a con- éise, interesting and depend- able manner, and gives our expert opinion on their mar- ket prospects. Copy sent free upon request. Our Statisticnl Department in- vites inquiries on any security yon may own or ‘be interested in. No Obligation To You. FRIEDMAN, MARKELSON & C0. 742 Main St., Hartford Phone: 2-2281, Direct Private Wire to New York