New Britain Herald Newspaper, March 18, 1922, Page 9

e —— NEW BRITAIN DALY HERALD, SATURDAY, MARCH 18, 102 K 9 . ] \ money. Moreover, Lhose who ure now A N RE GT 0 'BABSON DETECTS BRIGHT SPOTS IN e ARl i S WAGE REDUCTION ” \ ' ALL B T sections may some Juy be greatly 1o = # \ High Tow Close| U TWO OF MOUNTAIN STA warded for their couruge Am Bt Sumar ... 43 438 o The (ndex shows some improvemant | Brockton shoe Men Seek Furthes . Am Can Lo N gl —— this week. Business stands at 127, = 5 7 | Am Car & IY 154 u‘l;yl r‘.4 [ Continuing hid personsl survey of \the country I am astonished at the|below normal, compuied with 137 CutInPay Recause of -Low Member New York Stock Exchange v Cot o ag s R business conditions throughout the [fewer and fewer forests that remain, [# Weelk ago. ‘This improvement is cn ing. 1y ar Prices successor to Rlehter & € ton OM) 2684 2814 vgs | ring Footwear Prices, " e o 29 » At Lacomotive 1088 1085 ghust [zountey, Hoger W, Dubson, ceonomiat, | Oif Section Bright couraging and may indicate ihe e { 21 WEST MAIN STREET, NEW BRITAIN, CONN. Am o Emelt & Jlef M BB A .:”‘ [furnichés the following waclusive | “The brightest spots yre those sec. | 80Nl quickening which should he x| ockton, Mass, Mareh 18--The \l\\ll Y I EDLY, Mge TEL, 1040 Am Sug Fel Com T4 I’W‘ .“x . [»tatement to the New Britaln Heraid | Hons whe ol! is being found In{pected during the early spring| Brockton Shoc Mivs, association witl p Sl Ay e iR e — S— Tob & on conditions in the mountain states, | nearly all these mountain stutes there [ Months, peek further wage reduction on the Alr 8ymutra Tob 841, 858 34 Cdinbet T 4 5% 34 | Canditions are bright, he reports, for|are certain sections where ofl devel- | ———— ground that the ten per cent cut or- i Am Tel & Tel 1229, 121% 1204 B v U WE OUFER = Am Tob .......138 “”' ]:;'; ail byt Arfzona uud New Mexico, opments either exist or are contem. dered recently by the state heard of | R b FIRERY e e foie o Conditions Changesd [ pluted. The very act of horing for NEW LINK OPENED concilintion and arbitratjen was net AR *"‘r;” “Up to recent weeks one could not [0fl creates a temporary prosperity . sufficient to mect a demand for quals [l . AtGh Top & # b honestly write optimistically of eon-|Ad people come into the territory u — ity shees nt lower pric | P e LRl ditlons in the mountuin states, Con. |demand for supplies und labor 18| \ngther Rallroad Line Completed o 10 association in announcem ) At ditions now look better, however, |[created while & gencral — optimism today to the ten Brockton locals of . oa (llnl; “I- from several angles. With the ex-|prevades the community, 1t ofl is Connect Republics Of South Ame | the hoot and shoe workers union sald leth Steel I’“' h ]' ception of Colorndo the situation is|fnally discovered this means a real [ that at the.expivation of the 60 day EnTnsse i v [ pretty spotty. ‘The emergency tariff|new source of wealth, These towns| ¢rica. peviod provided by agreement it in- ol 1 Y (lent Leath Co .. 38% lis helping to some extent the wool | where ol developments are being| g o N a0L vl sy tends to ask the hoard to re-open the 0 le e | Rrowers, but all stock rilisers have |carried on are the ones that sales.| bt A Arch 18-—(Iy Assc- | g i) wage issue. The ten per cent | Ihaa & Ohlo ', [heen obiiged o take nendous|men should eeli. Ior thiy reason | (1 1¢ ress)=A new lnk i (he Cen- o gyetion, the announcement kaid, Sl ¢ Bt P 13V iy [1osses on their hords, ‘The banks fn|Texas, OKlahoma. and wdjoining tor. | 18 ";"“,:", ‘;' entral America W g5600 commensurate with reduced ont tock Isl & P 4074 Montuna, sowthern Idiho, Wyoming, |1tory were for some time tic most | GPENeS withhEhe arriva). here Thurse |y oiieaate; | y C:: le Copper ., 18% eastern Colorado, southeastern 1 tah,|Prosperous of the southern, western “;-‘ 0 the l"m train on the e | TGRS cent decision nfteeted | tno Coppér 28% 4| northern Arizona and castern New [or mountain stat Of course even [V "'rj has beén: constructed betweent g workers in 44 factories, Seve g"" Gas .. ... 01007 i Mexico are forced to renew nearly|in these oil communitics, money iy "ml“ capital and the town of Zacater-| iy "o the upions involved also have orn Prod el .. 1051 all thelr paper and are very fortun-| ot heing spent today as it was u cou. | (218t about 46 mlles to the south-| Lo ™o have the issue reopened 60 Crucible Stecl i IRt A b e ata\ it ¢ Temia ATt Il of years ngo. They are now buy- [ €48t . TE It > h ion i ) y : | days henee IR S K AT Cuba Cane Sugar 177 {vapidly righting itself however, and|ing Dodge cars instead of Pierce Ar- A throng of 20000 persohs gather- | 1 2 : . Endicott-John from present indications, stocks rais-|TOWs. But the ofl is still coming out "l,l.';"“'[‘l“" _““_“" I, Of tharain _— H. L. JUDD I G.Jubp W. T. SLOPER F:m‘ crebeaes crs and wool growers will get very|of the ground, cash is paid for the A “"l.l“ ral rallway ”l,‘ entral Am- Al Gen Blectric fuvorable prices for their produets|product, and there is no distress ex- ricai g designed to link wp the sev-| Bill of the albatross is & pale pink | c:,‘,, Motors this year. Their position will also he [ Cepting among N“._I,"mm.s who de.|€ral Central American republics, cojor, shading to ycliow at the tip 4 t..:u:.-hv!; BI° [strengthencd by reduced operating|serve it el ::‘“::,',',',']";:I",n[:‘:,"';”';“‘”"”;““"‘ —— = bt Tnsp :)-::nrl'rm ;f.iw(nmmnl"’.:‘.‘; |;" :T\Iouv.rd“‘:' w;””““m" Wase Tones “m grel ama Central American railway u:.‘vln‘ Soap is first mentioned by Pliny 23 WEST MAIN STREET, NEW BRITAIN, CONNECTICUY AR AT bar K ton o . i mmmg"\mm'::m "‘“:‘ s One cannot help but he optimis- [ planned but still far from conipletion, ——— Investments,»Local Stocks Tclephone 183 3—1816 Intér Con pfd .. 83 L I SRR oD R (R an e (U0 <t LR counl ey CANMIEOLE thelioslink upCAnR ralinGy nystama sof o R B Y e T ) | wondertul undeveloped water power|North and South America and il in Ly .“;M .“ it Ti 1 .l M : ‘1 r m. nes o | ah un‘l‘ Arizona have | yeqoyrces Many sale: managers| (he mumerous gnps to complete a New | S TSI T \\Y On- ) Meg Mar pfd 718 , g [Leen almost completely shut down, [\onld he interested in securing from | York-luenos Aires railwuy route {FREN, FOR THREI MONTHS € er: Allis-C®imers . 4714 59, | while the lead, silver and other mines| o foderal power commission in o ST 2 b it LA e " Pacific Ol ..... 497 4 | have been running at a very low ebb. Washington a list of these projects. o e R (Y Texas Qil Bulletin N B GAS UGHT Eu STUEKS tu Ield B ::: I\n‘l;ol “‘\. 5 '|'h; r'ml_\' ;n‘»t.:\'x',- lm'u :_,r-;\.\ h; ml( “.i,x Certginly the list should be interest- TO MOVE JULY FIRST Tasded woek! nd edited by i1 fan- . D, 5 0 | aper ... & {and iron sections of Colorado due 10| ae\reqding to those cngaged in the Although some of, the o riNg-exbarte fovste S BT aT ] . i et o et 8 E E » of, tenants of |vclopmeni=of the amazingly vich oil fields | Kelly Spring Tire 467 [the perbistent operation of the Colo- | i of machinery, contractors sup-|the Morgan and Kingsley block 3 Toxas . Very cxtraordinary events § Ken Copper rado I'uel and Iron compeny. Today o T ¢ AR i i fore for the s fow weaks. 4 3 plics and the like, t only does the | Main street are planning to move as| " lack Steel e R L L e i e LI i T i P N | J.chigh Vall , | stock of copper that there Was 4 YEAT |y cortain amount of business but they |as the building is to be bl R “1.:.'»|“ui\ vee. Wilto for It today. Mex Petrol ago. ’I rey believe that the copper | ontinue forever as a source of great|Gagliardi Brothers say that they wil TEXAN O11, R . 1 M!v‘l\aln Steel | situation has turned the corner and [ yealth, In the long run, a water[not move thelr shoe shine parlor \mm“nn» Waggoner Bz, I . Texas Missouri Pacific am bullish on the price of the metal|yower is much better for a commun- [July 1, when their present lease x| R — lumm 2““ ; N N Y Central ... 8 141, 861 |#nd the price of the good copper|jty than mines or forests and oil wells, | pircs ) N Y NH&HI1TE 174 17% | #tocks. which in time hecome depleted. NEW BRITAIN HARTFORD Norfolk & West .101% 1001 1017 | 3 ¢ And Lead Slow “Permits applied for al dy to New Britain National Rank Bldg. 10 Central Row 1 North Pacific .. T77% L e and lead have not progressed | (oyer projected developmen from Telephone 2580 Telephone Charter £000 i Tare Ofl 33% 3 (50 far in readjustment as copper.| plaska to Texas and (rom the Atlan- DONALD R. HART, Manager Mcriber Hartford Stock Pan Am P& T . 561 314 | GGold production is at a \ery 1oW|(je o the Pacific. These develop- Membher N. Y. Slock kachange Exchange. B ! Pen Tt It BT level dn account of the small PUr-iments will involve hundreds of mil- & Picrce Arrow ... 171 | chasing power of the metal ju terms|jiong of dollars worth of cquipment. | X Con Cop .. 158 of other commoditics. 1Pavorable | yundreds of applications for permits Y & 1 teading ....... T4 congressional action, in the form of &g construet dums, power plants, res. We Offer: 3 bonus may help the gold producers.|opyoirs, transmission lines, lock, tun- ; relair Ofl Rer . 2 situation is much better, owing fo the | ower development, are now before y ’ South Pacific sustaining influence of the Cittman | {he commission. Interested peopic 3 . 1 South Rail < act, _whu-h provides for the purch should make arrangements to receive Price On Appllmuun § Studebaker Co . . of 271,000,000 ounces of new domes- | the weekly list of applicants issued : E T A replace a similar amount n _silver Tdst. SaEeE At } Tob Products dollars melted down during the war. o X . | gobnreodush il S R O e e During the war the heet sugor —— — i ueneno these purchases. Most producers ob- |districts of Utah, Colorado. and Tda- E 1 iinited. Fruit tain silver as by-product of cop- ho, profited ;;rr.!«l,\; but with m‘p qp. < 3 z mited, Tout per, gold, lead, gnd zinc. Hence the | cline in the price of sugar this in- JOHN P. KEOGH | ol favorable factors surronnding sifver|dustry is absolutely flat today. Dur- Sttt ; : New York F 1 Ion',i Frod will be overshadowed in most cases ing 1921 the beet SUgaL: Groyels ; e R ol & A P ndus Alco 473% 1 T i : sarly all lost money, but by drastic : . 9 o by the weakness in other metals. Nearly ‘& L L y i aterbury J K 1 Rubber o 644 Avina FAndl NGV Mesita cuts in operating costs they will do };,“f”’.“.'-‘ STOCKS Bridgeport A Stac) “The worst conditions ure found to|bhetier in 1922, The sugar industry "-‘" L) ~ ew Haven 5 stecl prd | b in Arizona and New Mexico, Manu- |18 & basic industry and will receive Middletown BONDS Springfield ] Bieah Uspper faeturers and merchants cannot ex. |Protection from congress. (ood sug- : 8 Willys Overland 6 73 | pect to sell many goods in these ar securities are now an attractive e Direct Private Wire to New York and Boston i e Stites-dunAnE oy purchase. G. F. GRODF, Mzr—Room 509, N. B. Nat'l Bank Blug—Tel. 1013 9 i (Putnam & Co.) “All money which these peopie gef | “The most prosperous industry of ) i Bid Asked | {hey must use for paying their bills. [ the mountain states last year wus the 8 ) Hid ellec ELight 158 | Being a director of a very large land ! tourist businesss This will not Dbe Southern N I} . 12¢| company operating in these states, T)especially active during 1922; but no Am Hardware ...... 5 | know that many of these stock rais-|one loses money on im Whatever Rillings & Epen, com . ers have not the funds with which to| money comes in is prefty much pro- Nristol Trass o pay for the rent of gheir lands, OFf[fit. 1f the Western Pacific railway Coit’s Arms ceurse, it is very sad that these nwnlsuvwmh in taking over the Denver Fagse Lock will not e« money during good!and Rio Grande railroad, considerable Landers, 12 times for certainly they made great|money will be spent upon it which 'ELLIGENT MANAGEMENT N B Machine ...... profits only a few years ago. How- | directly and indirectly —will henefit Niles-Be-Pond com 51| evor, the only business thing to de is this section. ~Although our sympa- The New Britain National Bank puts North gnd Judd ....... 5 |to extend credit to these people. They ) thies must go out to 'ueblo, vet this Pock, Stow and Wilcox .. 27 2n | come up quic s they go down [gection will ultimately benefit from this quality into the management of Russell Mfg Co ........ a5 | quickly. They some day will be mak- [the disaster. [Pueblo is a good city btane ‘A Seovill Mig Co 360 [ing mopey again and will lovally re-land will come hack all right. s N > e . < States. Standard Screw . {0 | member those who have been len- | “Compared with conditions a few We Ask You—Are Yon Saving Regularly? . Traul & Hine a5 |ient to them during this period of fyears ugo, the eorn bhelt of the central Start Your Account Here. A R, Union Mfg Co . tolstress. Moreover, the condition . of ['wes shows up worst of any scetion 1 Its resources, experience and facilities Stanley Works 46 | the range is fair and 1922 may Ve alof the country. The rcason for this T IR . i 2 2 good rainy vear. |is targely owing to the great pro make it a wise appointment as your DECISION RESERVED. s . A perity which the corn helt engbyed |§ v : . 1 R e 2 e 5 Lumbering Lrofitablc during the war. Actually, however, Open Saturday Evenings—T7 to 9 O'clock Executor. o "']“‘p'" ation 'ommissioner George | “One of the important industries of | the conditions in the central western . Chandler peserved decision.in the | the mountain states is lumbering. | states are not so bad as in the moun- ‘ontinued i i « rn\l_m ; c_as_r of ‘G.A‘lel?flrl ‘\lnmvsn:,»n | like Ininln:».\m) Mncl(_l'uls;h\: tain states. Moreover, their recovery (§ 1'» I. ort l,hr-ot“.m‘.!m.l the Stanley | ever, lumbering aiso is very should be more rapid. While impos- urrl aVln s an (In e and Level t'o. for compensation | Thege has heen a great drop in the|gible to henestly write optimistically t<?::1:;lr:‘”fp‘:‘:hfir;znfl }h]a' he h":s\\-r! ~ of lumber at the mill ke the | pegurding present conditions in this { )" 3N v Jisabled because o rice p ing s6. T " ~ | et ¥ isa | price of everything else, There is no|section, the future looks hetter. or. s the vibration of 3 riveting machine immediate outlook for higher lumber| &tockraising, lumbering, mining and Cor. Church, d“d Main St on which he worked fer 15 years fllll\ri\‘,ps The lumber pcople, however, ! the hest sugar industry are all at a the plant. o |are greatly reducing their omvdtinn|ur> low ebb. Yet the storm is con- I — expenses. Labor has been cut 506 ! tinually moving westward and thése ey g Halley's! comet travels ahout 248|in many sections and the cfficiency [are all industrics which will quickly i RO miles a seécond. of |h‘r~ men is much greater. The bol-t recover when the turn comes. Hence, » i . 1 9 st e shevist element which so upset the|banks and other creditors should he : Corner Main and Pearl Streets, Hartford, Conn. Collecting costly snuff boxes was|camps a few years ago has largely!patient. Those who are dealing with p 5 once a fashionable fad in England. |subsided. The entirc labor situationihonest people should net lose any 1 Capital $2,000,000.00. Snplus Funds $2,000,000.00 has greatly improved. Building, how- | re ever, will pick up and the demand for Orgaluzed 1862 (4 ‘\ic Depaosit BQ\ 5, §0.00 and upw ‘“dS' Jumber will increase. More !umlmr 3 i ~cttlement of Estates. : should be sold in 1922 t ¢ oreion Eveh e 0 ¢ arts o1 FOX'S—COMING Aot A ;’j{:‘p]‘:"s;‘;fi':v MTHONS o | Foreign Exchange to all parts of the world. PRIy T PIN) Yy i ati & 0] RS C(CRE 5 1l ) D. W. Griffith's Feerithclicerantoeliond topelher ing Mon.,, Tues., Wed. LETTERS OF CREDIT — GENERAL BANKIN D i i not get discouraged. One ing i naals 3 ¢ 2 q “ORPHANS OF THE certain, timber is growing all the |l “Broadway Peacock” J 4 Bank by mail. It is safe and saves time. § » time. This means that the traets will J STORM gradually become more valuable. BUSTER KEATON Everytime 1 take a trip lhroughnul y % Have YOll Started o : [ ] WE LEND MONEY on note, or home furniture, without remoy- our av1ngs CCOunt al. to honest pevsons having steady jobs; also lend to proporty own- T 4 Al ers; no pawns; LOANS UP TO $300, repayable in 8 to 15 monthly in- o WHY DEPOSIT IN THIS BAN e e e estred. LEGAL CHARGIS ONLY, based on unpesd % bata < for actual time due, v ] « S 1 . e N N » Because it 18 a Mutual Savings Bank. IS SOCIETY is tmanced and directed by business and pro- fessional men: conducted in a spivit of public service, and not solely Because it has been Dl'OVCd bV Slxty years to make money: VERY FAIR AND HELPEUL; strictly confiden o and courteons dealings. A SAFE PLACE TG BORROW; NEW BO falthful ser vie ROWLERS WELCOMED, PRIVACY GUARANTI QUILK § " : et 1CEL Because the Depomtms alone share in the 9 to 350 Satunday 1o 1 P M. p1 ofits. WRIL PHONLE US, New Britain 1-9-1-3 Because 4 1-29 Interest is paid on deposits. BENEFlCIAL LOAN SOCIETY Because it has assets of over $12,900,000. RRoos 1013, Professional Bl . (Cor. Washington) SECOND 1 Aunn R1 M . A . Because it Las a surp]us of over $600,000. . Licensed by State Bank Commissionor, and Member Logal Re- - > forn Burean to ELIMINATE the LOAN SHARK EVIL, N, Y. Because depositors are subject to No Taxes on their accounts except income tax. Because deposits are invested in loans upon Real Estate in this city. Open Monday bvenmgs—’Y 30 to 9