New Britain Herald Newspaper, February 25, 1922, Page 12

DIVERSITY IS ONLY SALVATION FOR " FARMING DISTRICT, BABSON FEELS Continuing the report of his per on business conditions, sonal Ttoger W, outlines his findings n central states as follows “A year ago 1 found the worst con survey tamous economist the Babson, western ditlons in these western central states, | lying be Atlan Louis the section of the country tween Buffalo, Pittshurgh and ta on the east, Chicago and St on the west “Detroit, Ohlo were Akron, of the de av Michigan and then the center pression aren. The storm center | fng moved west from New Ingland during 1920, Today, however, 1 find conditions in this section of the coun try much improved, The worst is over, While definite improvement is not yet evident husiness dually bt steadily is turning upward, “The hest sections of this ar far as sales are concerned found in the states supported by a di wersity of interests. Ohio for instance f8 in very fair condition. Northern Indiana and llonois also look tively good. Medium sized cities such as South Bend and Port Wayne ofier nd sales possibilities “Although Detroit has bee 1y hit, owing to the unnatural hoom it experienced during the recent per fod of prosperity, other smaller cities with automobile industries are doing distriet rela severe of shift in any one line, ‘The man who| gambles in wheat on some one else's| land is playing a margin and if the| market happens to go against him he| srything he has. { “An analysis of the figures making Bahson report shows that the of the western states run 187 normal compared with a low 1 tew weeks ago. Cineinnati and Cleveland, are operating at abont $09% of their normal capa- clty Canton and Akron are up to 560, while Columhus and Toledo, Ohio, are back to 05% of normal, Of all the cities in these western central states onr figures show that Dayton, Ohfo, with its 1 people, is to- day the most pro#perous An analysis of the 1922 sales pros- pects in these particular sections fur nishes ground for diseriminating op timism, As the year develops, confi- dence will return first in one section and then in another, Returning con- fidence will be reflected in inereasing s, During the carly months, busi s will he hest in the noriheast. As the year progresses the south and central western states will Lecome more prominent as markets, . 1022 will be a fairly good year for well| directed salesmanship. You nmeed| not complain of business if you will but take the trouble to make direct hits on localities where resistance is up the trade below Chica EW BRITAIN DATLY 1 Steel I 8 Bteel pfd 116 % 116 Utah i 61% Willys Over i b 0614 Ddh 04% 116 Cop & Co)) Rid 160 120 (Putnam Hfd Elee Light Southern N K Am Hardware Billings & &pen com Bristol Nras . Colt's Arms mgle 1ock Landers, 1° . N B Machine Niles-Be-Pond com North and Judd Peck, Stow and Wil Russell Mfg Co Scovill Mig Co Standard Screw Traut and Hine Union Mfg Co ,. Stanley Works . LOCALS WIN SHOOT Corbin-Russwin Marksmen Outshoot | Wethersfield Rifle Club in Hartford Last Evening. A team composed of members of the Corbin-Russwin S§mall Arms club journeyed to Hartford last night and defeated by a margin of eleven points the team of the Wethersfield Rifle club, The match was held on the ranges of the latter club in the base- 7|Rubenstein Must Attach Plate- HERALD, SATURDAY AUTO VIOLATION BRINGS 83 FINE Olson Acquitted Benjamin Rubenstein was before Judge George W. Klett this morning in court to answer to a charge of op- erating a commercial car without a plate attached, showing maximum capacity, limited speed, ete. He pleaded guilty and was fined $3 with- out costs, Policeman Clarence Lanpher noti- fied Rubenstein to appear after he had noticed that the ear did not carry a plate in accordancde with law, Didn't Know Of Law Rubenstein said he was not aware that such a law existed. He did not notice that other trucks carried such markers, because he was too busy to he watching other vehicles, Ite said Eric Olson, a war hero and wearer of the D, 8. C. was found not guilty of acting improperly in Walnut Hill park last Monday ternoon. Olson was in court Tuesday morning. Two women appeared as witnesses . and told the court that they had seen the young man in the park partially dressed. Olson showed a torn lining in his coat which, he claimed, gave FEBRUARY 25 1922, Summit State Pank, the windows of which had been shattered by the ex- plosion of the McCook Quarry near by. The shooting was done by several men who drove up to the bank In an automobile and fled. Argo police be- lleve they Intended to rob the bank but became frightened, TRADE SCHOOL FIVE TO BATTLE TONIGHT Pratt High School of Essex Will Give Locals Stff Opposition “Black and Orange" Anticipates The New Britain State Trade school basketball team will play Pratt High school of Essex, this evening at the High school gymunasium. With Patrus and E. Anderson back in the lineup for the ‘“black and orange,” the team ghould be greatly strengthened, After a week's layoff the entire team is in good trim and ready to tackle, the last-games of the season's schedule, South Manchester, Boardman and Holyoke Trade schools are yet to be played. The locals meet Boardman in the first game of the championship series next Thursday at the local High school gym. The game should be one of the best of the season. Boardman | has a fast, Neavy team as against the extremely light local team., The teams are so much different that a PUTNAM & CO. Member New York Stock Dxchange »uccessor to Richter A& ©o, 31 WEST MAIN STREET, NEW BRIT SIANLEY R, EDLY, Mgr, . We Offer— 50 Shares Union Mfg. Co. ¥. G. JUDD W. T. SLOPER UDD & CO. 23 WEST MAIN STREET, NEW BRITAIN, CONNECTICUT Local Ste Telephone 1815—1816 H. L. JUDD Investments, compavison is almost impossible. To- night's game should give some idea as to the abilities of the local “trad- ers” as it will be the first time the en- tire team has been lined up since the Torrington game. ment of the building of The XKellogg and Bulkeley company on Franklin avenue. The scores of the individual competitors were as follows: Wetherfield. Root .Captain . Fenn ... Lyman Mott Lawlor Francis Loveland Bartlett I'enn (again) lowest, “Business is beginning to show the evidence of spring activities. The in- dex figure has risen 3% in the west in the 1 seven days. General busi- 88§ now stands 13% below normal. The improvement is due to activity in building lines which was forecast in these columns several weeks ago. We Offer: 50 SHARES UNION MFG. CO. Price on application him the appearance of heing not completely attired. Record Is Excellent In passing ‘judgement, Judge Klett stated that the evidence presented had been carefully weighed, as he had the excellent service record of the accused. He complimented the accused upon his excellent service record and his willingness to risk his life for others while in France, hav- ing won the D. 8. (" for extraordinary bravery. . He cautioned the young man that the record was one that he should not mar now. While he felt the women witnesses should be com- mended for coming into court, the judge asserted that there was a pos- sibility of misunderstanding and the RO o accused should receive the benefit of . O g e gl e all doubt. . Wiadislaw Dobrecki, whose non- support case was continued from last Saturday, was brought before the court this morning for disposition of his case. He was ordered to pay $5 a week for a period of one year or in lieu thereof to serve 60 days in jai!. POLICEMAN 1S SHOT Yatally well, This simply illustrates the basic truth 1 have reiterated during the past years, namely that communities should not be exclusively industrial or exclusively agricultural. TIndustrial communities should seek to develop agricultural environments while ag- rienltural communities should develop Industries. “The coal mining regions of the central western states have Meen quict for some months. Now, however, in face of the threatened strike, busi ness is picking up. The miners make relatively large earnings when they work. The purchasing power of these coal centers should be greater this coming spring. A large proportion of these mines are unorganized. This group should be especially prosperous in case of a strike. “Production of bituminous coal during 1921, by the way, was only 4,- 000,000,000 tons, or 279 less than the previous year. Let me say, however, that after it is evident that there will be nqthing to fear from the threaten- ed strike, further declines in the price of bituminous coal will be in order. Although this will mean lower profits for the operators, it should mean more days of work and ultimately benefit all interests. “The iron and copper districts of the lake regions are still very dull. The finished product industries of these lines are running only 407 of their capacity. Many manufacturers are shut down entirely. Statistics, lowever, fndicate that as money rates decline, railroad, public utilities and municipalities will be able to sell bonds for permanent improvements. The demand for iron and copper will increase accordingly. With this in view T prophesy that 1922 will show a great improvement over 1921 in this section. A stimulous will first appear with the openin® of the lakes when the ice goes out in March or April. “The farming sections are still suf- fering the headache — the inevitable result of their intoxication during the prosperous years of the war. One wjth any heart cannot help but be moved by the stories of disappoint- ment and loss encountered by the farmers of these western central states. Carn and wheat are bringing less than nothing. The banks are pressing the farmers for payment of interest and there is little prospect for higher prices in sight. But the handwriting on the wall was very clear and the farmer who took the trouble to watch conditions closely foresaw the inevitable and saved his money, hegce, he is not in trouble to- day. Insttad of unloading his ‘‘easy money” for high priced land or low priced oil stocks, he saved it and is not suffering today. The salvation of the farmer must he wrought through the diversity of interests. Che farm- er who raises stock, sells cream and grows four or five different crops. is not at the mercy of the sudden price BURKI WI Winner Matched With Rouskie For T. A. B, Championship William ¥. Burke eliminated Clem- ent Grace in the Tabs' pool tourna- ment last night by a 100 to 62 win. The score is the same as the one by which the winner defeated Bernard 8. Clark earlier in the week, The high run of last night's game was made by the loser who took 21 halls off the table} TBurke's highest run was 19 balls. « Burke will meet Thomas Rouskie next week in the deciding game of the tournament. Both players have gone through the tournament without a defeat. ~They will start from | scratch. AGAIN Financial N;aws High 81 4074 1504 23% HART{'ORD 10 Central Row Telephone Charter 000 Mcriber Hartford Siock Exchange. NEW BRITAIN New Britain National Bank Bldg. Telephone 2580 DONALD R. HART, Manager Member N. Y. Stock Exchange Low Close 36% 37 4014 40% 150% 1501 231 108 % 461 671% 25% 119% 138% 8514 48 9714 26% 108% 383 637% 139 3314 6014 24 411 16 9414 1021 55 9% 8014 10% 152 8% 7614 381 2% 7 1514 Am Am Am Am Am Am Am Am Am Am Am Ana Rt Sug . Can . Cr & Fdy. Cot 015 Loco L1097% Sm & Re,. 46% Sg Rf cm.. 67% Sum Tob .. 26 Tel & Tel..119% Tob 1391 Wool Cop Corbin-Russwin. Engel (Captain) o Wall Clifton Chapin Chase . Earle . L&d . Vantine Rackliffe We Offer: STANLEY WORKS COMMON AND 'R RRED PRICE, ON APPLICATION We Do Not Accept Margin Accounts 814 Total possible score for each team 900 points. Bach competitor fired five shots from each of four positions: standing, kneeling, sitting and prone. A return match will be shot soon on the ranges of the Corbin-Russwin club in the New Britain High school. At GIf & W I.. Bald lLoco Balti & Ohio Beth Stl B Can Pac ... Cen Leath Co Ches & Ohio ... Ch MI & S P... Chi Rk 1 & P.. Chile Cop Con Gas ... Corn Prod Ref Cru Steel Cub Cn Sug Endi John Erie 107% Erie, 1st pfd ...152 Gen Mot ...... 8% Gt North pfd .. 761 Insp Cop . 384 Inter Con .oy Inter Con pfd .. 7% Int Mr Mr .... 15% Int Mr Mr pfd. Allis Chal Pacific Oil Int Nickel Int Paper Kel Spg Tire Kenn Cop ... Lack Steel .. Lehigh Val Mex Pet ... Mid Steel ... Miss Pac .. N Y Cen NYNH & H.. 18Y% Nor & West ..1013% North Pac .... 80% Pure Oil . 35% Pan Am P & T.eh5% PenniiR R 80 Pierce Arrow .. 171 Pitts Coal 6016 Reading ....... 76 Rep 1 & S..... 48 461 Royal D, N Y.. 3% 533 Sin Oil Ref .22y % 22% e South Pac 86% 863 bl g il South Rail JoYy 2114 TN Wt iy 4 Y 3 2 . W . Stude Co 10114 Texas Co ...... 46 . Toxae & pad L i1 The Hartford-Connecticut Trust Company i Corner Main and Pearl Streets, Hartford, Conn. Capital $2,000,000.060. Surplus Funds $2,000,000.00 Safe Deposit Boxes, $5.00 and upwards. Trans O 10 Union Pac .. 134% Settlement of Estates. Foreign Exchange to all parts of the world. Unit Fruit .....142 14015 LETTERS OF CREDIT — GENERAL BANKING Re St .48 471% Fd Prod... 4 3% Bank by mail. It is safe and saves time. Tn the villages in the Nile district, where the houses have flat tops, the natives makes use of the roofs to house their smaller live stock. Guard at Chicago Bank JOHN P. KEOGH Member Consolidated Stock Exchange of New York Waterbury STOCKS Bridgeport Danbury New Haven Middletown BONDS Springfield Direct Private Wire to New York and Boston G. I'. GROFF, Mgr.—Room 509, N. B. Nat'l Bank Bldg.—Tel. 1012 MWounded When Bullets Fly From | More than 10,000 British women | recently emigrating to the dominions| Automobile. | have received assurance of employ- ment from the Salvation Army. ANYBODY CAN ENTER Chicago, 25.—Patrolman | DANCE CONTEST Michael Forgan of Argo, 1Il, was N probably fatally wounded early today | FOX’S MONDAY EVE. {when he was shot through the head while standing guard in front of the| . 041 03% . 5614 10 . 805 94 1021 54% 9% 801 101 1517% Feb. Las Paz, Bolivia, has under consid- eration a law providing for the free entry of provisions into the country. 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