New Britain Herald Newspaper, June 2, 1922, Page 9

drink it cold when its ot Putnam Coffer s saves the day meyed WERGERS FURNISH " WALL T, THRILLS Steel and Industrial Concessions Link Business New York, June 2. (The Assoclated Press)—Mergers and rumors of mer- gers are glving Wall Street plenty of thrills these days. While several large industrial and & few minor railroad mergers are under negotiation, conservative finan- clal interests agree that many of the merger rumors are the work of pro- fessional stock market operators who have profited by tthe reflex that these stories have had on stock prices. In fact much of the recent activity in the various stock and produce markets is generally attributed to speculative transactions made on the strength of storfes, true and fanciful, concerning these mergers. More C€onsolidations. Bankers point out, however, that since the war there has been a gen- eral tendency toward consolidation on the part of smaller corporations in order to effect economy of operations. Several of the companies which profit- ed considerably during the war, they explain, are unable, save at great ex- pense, to reconvert their plants to a peace-time basis and continue opera- tions at & profit under existing con- ditions, and consolidation with other companies is recognized as the best way out of the difficulty. Other corporations, which might continue to operate at a profit, have been able, they add, to strengthen considerably their - financial position by uniting with larger companies desirous of ob- taining a wider diversity of products; better geographical connections, or possession of natural resources, raw materials or markeets not previously available to them The Interstate Commerce Commis- sion last fall made public a report of a plan to consolidate the railroads of the country into 19 large systems to insure more, economical operation and prevent wasteful competition and du- plication of effort. Various indus- tries are attempting to aceomplish the same purpose by consolidations, but it is known that their efforts are being closely watched by tthe govern- ment to prevent violations of the Sherman and Clayton anti-trust acts. Just at present one of the most im- portant mergers is prospect is that of the independent steel companies. This originally started as a seven com- pany combination, but the Lackawana Steel Company and the Youngstown Sheet & Tube Company withdrew during the negotiations, the former being purchased by the RBethlehem Steel Corporation. The five femain- ing companies are the Republic Iron and Steel, Midvale Steel and Ord- nance, Inland Steel, Briar *‘Hill Steel and Steel and Tube of America. ‘While an effort is being made to con- clude the merger on a five company basis, it is probable that the final combination will consist of only three companies—Republic, Midvale and Inland. The other gwo are “still in the picture” but niprtheless some distance frem the otlfers on the ques- tion of terms. Some Big Mergers. Another merger, consummation of which is expected soqq, is that of the 8 Cuban-American Sugar Company and the National Refining Company of New Jersey. This will be a stock transaction, details of which are being worked out. Progress also is being made, it s reported, on a merger of several ma- chine tool companies. Concerns mentioned in this connection are the Metts Machine Company, of Roches- ter; Coburn Machine & Tool Com- pany, of Cleveland Modern Grinder Manufacturing Company, of Erie, Pa.; Carlton Machine Tool Company, of Cineinnati; Hilles & Jones Company, of Wi'mington, Del.; and the Dale Maehinery Company, of this city. When the final combination is effect- ed, however, it is believed that one or more of these compagies will not be included. C. K. Lassiter, former vice president of the American Loco- motive Company, has heen mentioned as the head of the proposed merger. Automobile companies, also have figured in the merger news, hut so far “as known no definite negotiations are in progress. Plans for a combina- tion of the Lafayette and Pierce- Arrow companies were recently abandoned after a protracted series of conferences, following inability to agree upon terms. Oil Trade Increase. The oil trade here is daily expecting word of a purchase of the Boston & Wyoming and Mountain & Gulf 0il companies by the Mutual Oil Com- pany, which is anxious to increase its holdings in the Salt Creek fields of County Distributor lLarge manufacturing concern wants you for an auto necessity of unusual merit, has no competition and sells on sight. Applicants must be in a position to deposit from $260-8500 on nierchandise. Contracts are exclusive with guarantee. You ewe it to your- seif to investigate this wonderful op- portunity. Write or wire for furtner jnformation, Mr. E. Babo, 54 Pratt street, llartford, Conn. Wyoming. Officials of these com- panies are now in conference here, Reports also have been published of the consolfdation of the Btandard Ofl Company of Indiana and the Gulf Ofl Corporation, but these were denied by officlals of both concerns. Tobacco, eopper and dry goods mergers also have given Wall Street something to talk about of late, but these are still in the ‘“rumor” class. Compantes mentioned in connection with the tobacco merger are the United Retall Stores, Tobacco Pro- ductts, Tobacco Products Exports Company ,and the Philip Morris Com- pany. Assoclated Dry Goods s re- ported to be negotlating for the pur- thase of Mercantile Stores, which owns or controls 17 establishments throughout the country, but official confirmation of this proposed con- solidation still is lacking. The so-called copper merger in- volves the following companies: Kennecott, Chile, Utah, Braden and Mother Lode Coalition Mines. Con- trolling interests in some of these companies are identical. Scarcely a day goes by but what some report of a railroad merger is circulated and Immediately denied. The latest mentioned in this connec- tion is the acquisition of the Chicago and Alton by the Missouri, Kansas and Texas. STATUE AS MEMORIAL Raymond C. Brown, Secretary of Ter- ritory, Suggests Monument by Pub- lic Subscription to Prince. Honolulu, T. H, June 2~—Con- struction of a monqment by public subscription to the memory of the late Prince Jonas Kuhio Kalaniana- ole, who served as Hawaiian delegate to congreas for 20 years, has been suggested by Raymond C. Brown, sec- retary of the territory. ““While the Hawaiian rehabilitation project, now well on the way ta suc- cess, is a living monument to the work of the late prince, a statue, shaft or building, such as a civic auditor- ium, would = be something tangible dedicated to him and would stand as a reminder of his brilliant career,” Secretary Brown said. Prince Kuhio, the last titular rep- resentative of the old Hawaiian mon- arch, died last January. BANKERS VISIT FRANCE Tron and Steel Works at Saonet-Loire Astonish American Financiers on Progress. Le Creusot, France, June 2.—A group of American bankers, now vis- iting this part of the department of Saonet-Loire were shown today over the celebrated local iron and steel works by Charles Schneider, the di- rector of the enterprise. The visitors were astonished at the successful transformation of the var- jous plants from a war to a peace basis. The section devoted to the making of heavy artillery during the war is now turning out daily 35 loco- motives, and the factories which not long ago produced light artillery are today making turbine engines. A total of 28,000 workmen is em- -ployed in the Le Creusot works. RUPTURE EXPERTS for Men, Women and Children New Britain Representing W. S. Rice, Adams, N. Y. Our experts, Mr. and Mrs. B. F. Fipnegan, will be at the Washington Hotel, New Britain, Conn., June 5. Every ruptured man, woman and child should take advan- tage of this opportunity. The Rice Method for Rupture is known the world over. You can now see thiseMethod dem- onstrated and have a Rice Ap- pliance fitted to you. Absolute- 1y no charge unless you are sat- isfied to keep the Outfit after having the Appliance adjusted and you see how perfectly and comfortably it holds. No harsh, deep-pressing springs; nothing to gouge the flesh and make you sore. Can be worn night and day with positive comfort. Soft, rubber-like composition pad, any degree of pressure re- quired. Don't wear a truss all your life when thousands have re- ported cures through using the Rice Method. Why suffer the burden of rupture if there is a chance to be free from truss- wearing forever? Anyway, it will cost you nothing to come in and see my representative at the Washington Hotel Mrs. Finnegan has separate apart- ments and will personally attend all lady callers. Office hours, 10 a. m. to 9 p. m. Don't miss this great oppor- tunity to see these Expers on Hernia. W. S. RICE, Adams, N. Y. Friday, June 2, (Westinghouse station at Bast Pitts- burgh, Pa.) 8:00 p. m.—"Law as a Profession,” J. McF, Carpentar. 9:00 p. m.—A pleasing program of vocal selections. WBZ (Westinghouse station at Mass.) 7:80 p. W.—Baseball scores. Uncle Wiggily Bedtime story. 7:45 p. m.—"Springfield The Home of Radio.”” Market and crop reports. 8:00 p. m.—Muslcal program by Harrington’s orchestra, [ 8:30 p. m,~—Mrs. Leon Dibble, so- prano. Mrs. Myron A. Allen, plano. WIZ . (Westinghouse station at Newark, N. J) 7:00 p. m.~—"Man stories. 7:30 p. m—"Making of Watches," by John Shedway. 7:45 p. m.—Baseball stories of a hu. morous variety by Bozeman Bulger. 7:556 p. m.—"Broadcasting Broad- way,” by Bertha Brainard. épnnmeld, in the Moon" 8:00 p. m~Recitals by FElizabeth 8pencer, soprano, and Milan Lush, violinist. 9:00 p. m~Recital by Edith Bax- ter Harper, soprano. WGI (American Radlo and Research Corp, Medford Hillside, Mass ) 8:00—"Daneing by Radio,” by Prof Willlam H. O'Brien, accompanied by Edna Baker, 8:15~Morris Burroughs, hoy so- prano soloist, and Doris White Whit. ney, cello, Nashur, N. H.,, accompan- ied by Anna Melendy Sanderson, 8:30-—FEthel Kenna Brooks, Galli-Curci of the East. 9:00—Jack Western's Syncopators. WGY (General Electric Co, N. Y) 7:00 p. m.—~Produce and stock mar- ket quotations; baseball results; news buldetins, 7:30 p, m~~Ninth chapter of “Alice in Wonderland." 8:40 p. m.—Health Talk, “Modern Treatment for Hay Fever." 8:45 p. m.~—~Concert program. 11:30 p. m.—~Concert. the Schenectady, Every year forest fires in the United States destroy enough timber to build an entire city the size of Washington, D. C. ANNOUNCEMENT . We are ready and prepared now to meet the demand ‘of the public for Sets and Supplies in RADIO and everything in connection with wireless. Mr. John T. Croshy ,who has had complete prac- tical as well as theoretical experience for the past eight years, being connected with the Marconi Wire- less Corporation for three years, has complete charge of our Radio Department, and will be pleased to meet you at your convenience to copsult with you regarding installation of sets or selection of parts. You will find it very interesting. Step in and look over our Radio supplies as well as sets. Let John Crosby “Hook You On.” HENRY MORANS 365 MAIN ST. Directly Opposite Myrtle SEEDS—SEEDS—SEEDS Buy Vegetable Seeds in Bulk You Get Better Seeds and More For Your Money When'You Buy Bulk Seeds. New Britain’s Largest Seed Store. Rackliffe Bros. Co., Inc. PARK and BIGELOW §' SALESMAN -$AM — New Britain, Conn. | WILL NOW INTRODUCE. )/ GEE., HE'S W' Guv TE Lf ST SPEAKER ] I'M GOING OVER AND THREATEN TO SHOOT THAT NEW NEIGHBOR \F HE DOESN'T QUIT OWNS THE. | BUY ALL How DO You DO, NEIGHBOR | HEAR You PLAY THE BLOWING THAT WHO STORE. WHERE. OH, | DON'T PLAY VERY WELL NET - I’M STILL TAKING LESSONS DANZIG A FREE CITY American Relief Adminstration Will Leave in June As Legialature Passes Child-Feeding Bill. London, June 2—The free. city of Danzig from which the American Re- llef administration is to withdraw in June of this year, has now passed the necessary legislation to continue the child-feeding in the future This {s the second government to arrange for the continuance of the American work after the closing of the A, R. A. offices, Poland having the honor to be the first The A. R. A. has operated in Dan- zlg since April. 1021, and up to Janu- | ner & Marx Make. Special Values at $35.00. ary last had served meals to 730,000 children of that city. SBome help was also given to nursing mothers. Germany's consumption of wines and llquors has increased rapidly since the war, i ey T |1 48 The Korean girl is an “old maid” if she is not married by the time ahe is 16 years old. Copyright 1922 Hart Schaffner & Marx Will give Many Added Months of Service if it be a Hart Shaff- One Good Hot Day and You'll Want Underwear. We Have all Styles from 50c to $3.00. o ol A R B You are not Limited in Your Selections of Suit Cases, Trunks and Bags as we have all styles and prices. Special Value in Our Egg Brand Socks—25c a pair. Headquarters for a very fine Boys’ White Knee Pants of the Better Kind at $2.00 a pair. NICE HORN! IT Tc ME? WHATS THE. MATTER , MR. HOWDV, DON'T YOU LIKE. OUR LUNCHEON? THIS IS A VERY WOULD YOU LEND | OBLIGE A SURE! ANYTHING TO NEW NEIGHBOR- CAN YoU PLAY L:? T skt P R BUT WHEN THEY STARTED TALKING ABOUT WHAT WE. OWE. MR, STOGIE T WAS GETIING TOO DAWGONE. NO, | CAN'T PLAVY |T, AND YOU CAN'T EITHER TILL | RETURN ] 4 :