New Britain Herald Newspaper, June 20, 1922, Page 25

* WALL STREET STOCK EXCHANGE REPORTS Wall Btreet Noon—Highest prices for a year or more were established by speculative favorites during the morning, Mexican Pet. increased its #ain to 9% points and Studebaker ! rose 33 points. Most other foreign ! and domestic olls ,continued to + strengthen. Bteels were better Gulf |. Btates rising over 5 points. Gains of 1 to 2 points were scored by Crucible, Lackawanna, Midvale, Vanadium, Nova 8cotia and Republic, 3 Call money opened at 3 per cent and foreign exchanges were firmer, In the early afternoon high grade investment stocks shared in the fur- ther rise of Mexican Petrolium which reached '17%. Independent steels, motors, coppers, equipmenta and divi- dend paying rallroad shares were in the forefront of the upward move- ment., A Quotations furnished by Putnam & Co. " High Low Close Am Bt 8ug .... 44 43 4“ Am Can ....... 485 46% 47% Am Cr & Fdy..162 162 162 Am Cot Ofl ... 27 26% , 27 Am Loco ......112% 111% 112% Am Sm & Re.. 60% 50% 60% Am Sg Rfem .. 17% 1% % Am Bm Tob ... 38 39% 38 Am Tel & Tel...120 119% 120 < Am Tob .. ..130% 139% 139% Am Wool 90 8814 a0 Ana Cop ...... 51% 501 511 Atch Tp £ B F.. 98% 97% 98% At GIf & W I.. 37% 86% 37% Bald Loco .....118% 111% 115% Balti & Ohio 47% 468 47T% Beth Steel B 6% T4l 16 7% Can Pac .......187% 137 137 % Cen Leath Co .. 38 36% 38 Ches & Ohlo ... 64 82 64 Ch MI & 8 P.. 26% 24% 25% Ch Rk I & P.. 40% 39 403 Chile Cop ..... 208 19% 20 Chine Cop ..... 29% 28% 29% Con Gas ......118% 115% 1178 Corn Prd Ret ..105% 1043 1047% Cru Bteel ...... T4% 69% T4 Cub Cn Sug .. 18% 16% 1634 Endi John .... 80 8% 80 Eirie ves 15 13% 15 Erie 1st ptd . 22% 21y 22% Gen Elec .. 165 164% 165 Gen Motors ... 14% 14% Good (BF) . 39% 39% Gt North ptd .. 80 80 Insp Cop ...... 40 40 Inter Con .. 1% 1% . 3% 3% oo 18% Int Mr Mr pfd.. 73% Allis Chal ..... 49% Pacific Ofl .... 58% Int Nickel .. % Int Paper 48 Kelly Spring Tire 46% Kennecott Cop ..34 Lack Steel 781% Lehigh Valley .. 63% Mex Petrol. ... 171% Midvale Steel .. 341 Missouri Pacific 21 N Y Central .i. 90% NYNH&H .. 28% Norfolk & West 105% North Pacific .. 76% Pure Ofl ...... 31% Pan Am' P & T 73% Penn RR ...... 41Y% Pierce Arrow 20% Pitts. Coal .. 63 Ray Con Cop 16 % Reading ....... 73% RepI &S ..... 12% Royal D, N Y .. 605 Sinclair Ofl Ref 337% South Pacific .. 89% South Rail : 2% Studebaker Co 129% Texas Co 4.... 47% Texas & Pdeific . 27 24% Tob Products .. 82 79% Trans Oll ...... 15% 15 Union Pacific .. 136% , 134 *United Fruit 137% 137% United Re St .. 66% 64% U 8 Fodd Prod 0% 8% U § Indus jAlco 54% 51% U Rubber Co 62 583% U § Steel ..,.. 100% 38% U 8 Steel pfd .. 1197% "119% Utah Cop ..... 64% 62% Willys Over 8 Na. lead .. 92% ——— sax-div. 58% 32% 87% 21% 124 47% (Judd & Co.) Bid .685 .660 Asked 645ex 670ex 188 188 Aetna Life . Travelers Hfd Elec Light oo Am Hardware “ein184 Billings & Spencer com 22 Billings & Spencer pfd 25% 27 Bristol Brass .. . 17 19 Calt's Arms . ve 29 3lex E?xle Lock . 59 LAnders, F ...... . 58 N B Machine com 6 N B Machine pfd 50 Niles-Be-Pond .. . 49 North and Judd . 54 Peck, Stow and Wilcox 29% 31 ‘Russell Mtg Co .... 95 Stanley Works com . 54 Stanley Works pfd .. 30 Torrington com . 80 Union Mtg Co . 47 Honorary Degrees Awarded At Williams College Today Williamstown, June 20.—Seven honorary degrees were awarded at the 128th commencement at Willlams college yesterday. One of the awards was made posthumously. The de- grees given included: Doctor of divinity: Rev. Ernest Edward Lewis, Haddam, Conn. One hundred and twenty bachelor of arts degrees were awarded. Announcement of gifts to- talling $1,110,197 received during the last year was made at the Alumni luncheon. Churchill Once More Delays Irish Statement London, June 20 (By the Associat- ed Press)—Winston Spencer Churchill colonial secretary told the house of commons teday that he though the present time was inopportuné fon a discussion on Ireland and asked the | house to allow him to reserve any statement he would have made to the commons Thursday until some later time. BROKERS BANKRUPT. New York, June 20.—The cotton brokerage firm of E. L. McGuigan & Co., teday fled a voluntary petition in bankruptey, listing its liabilities at $57,.278 and assets at $34,853. COLORADO RIVER 1S NEAR FLODD STAGES Last Week of June Is Always Critical Period El Ceritro, Cal, June 20.—The most serious flood threat of years hangs over the 50,000 residents and $7 000,000 in property of Imperial Vi ley as the Colorado River rises toward the critical stage expected June 23 to 30, The peril is due to an exceptionally heavy winter snowfall in the upper river region. The snow thus far has been slowly liberated but a protract- ed warm spell would send it down upon the delta country in a destruc- tive deluge. Despite new flood defenses, consid- erable preliminary run-off and fail- ure of early waters to reach the stage officially forecasted, the valley is uneasy and is preparing for an emergency. Dread of being wiped out haunts Imperial Valley, largest and richest reclaimed area in America. It is to eliminate this annually re- curring menace that southern Cali- fornia first urged the flood-control dam at Boulder Canyon. Until that is erected, the vglley insists, there can be no'permanent security, Build Empire From Desert. The reclamation and settlement of this area, once a blazing desert, a death trap and declared uninhabit- able by the governmnet, is one of the world’'s pioneering epics. Daunt- less spirit and engineering genius by the magic of diverted water here created an empire of the size of Con- necticut. Thirst,’ filerce heat, sand blasts, loneliness, life in tents by men and women who would not be beaten— that was the picture two decades ago. But always these people have lived below the level of the river that sea- sonally threatens to engulf them. For centuries the river has been building up its bed on silt until, en- circilng the valley, it rides in places skyscraper—high above adjacent ranches and towns, seeking weak spots to break through levees. Valley Menaced in 1905-06. In 1905-06 it went through, gashing a new channel into the heart of the valley and for weeks threatened to convert Imperial Valley into an ocean until it was literally lifted back into its bed by the Herculean efforts of the Southern Pacific Rallroad or- ganization and an army of men at a cost of more than $2,000,000. Last year there were breaks caus- ing considerable damage. Thisspring, further up the river, freshets ifnun- dated 40,000 acres and caused an esti- mated damage of more than $1,000,- 000. Working feverishly against the menace-.of -heavy snows in Colorado and ng*Imperial Valley re- cently completed the Pescadero cut which at present is diverting two- thirds of the river flow away from the vpiey. A % “Unbroken Dyke Defense. Besides, an unbroken line of dyke defense for the first time has been constructed covering weak spots on the levee. The government flood prediction set 'at June 23 anticipates a high water stage of 27 feet at Yuma with a discharge of 110,000 second feet of water or less than half the volume earlier predicted because of slow mountain run-off. The danger mark at Yuma is 32 feet, reached last year with less snow but quicker discharge. The danger seems somewhat mitigated but Im- perial Valley people don't count too much on the expected for they have too often faced the unexpected. The Southern Pacific Rallroad, savior of the valley in 1906, i{s pre- pared for an emergency call as well as other large concerns and ranchers and town folk, banded in defensive organizations. When a call is broadcasted by tele- phone, men, machinery and material are concentrated on the threatened spot with military precision. Women carry on field work while men battle raging waters. It's an old story in Imperial Valley where a battle and a march behind the plow have won 500,000 acres of frrigated land, $50,000,000 in annual produce and the world’'s richest soil production by the acre from what 25 years ago was an inferno. YALE FRESHMEN WIN Blue Varsity Crew Loses by Third of a Length in Try-out on River. Thames Gales Ferry, June 20.—Adverse weather and water conditions which have been somewhat prevalent since the Yale crews settled down for work on the banks of the Thames river again interfered with rowing this fore- noon. In spite of a high wind the Blue varsity crew and the freshman sight had a one' mile time trial in which the freshmen won by a third of a length. It was a stubbornly fought out mile, the boats see-sawing into the lead for fully five minutes. The combination and White, or second, varsity crew were to have a similar time trial, but the wind biew | too freely and the water was too rough and it was put over until after- noon. i Captain Gibson and the two man- agers were going out on a submarine this afternoon to experience diving practice. The afternoon workout of the var- sity eights will be light owing to yes- terday's hard row. DEMPSEY IN EXHIBITION. Oklahoma City, June 20.—Jack Dempsey will meet Andre Anderson of Chicago, in a five round exhibition bout here on the night of July 3. D. A. Lackey, local boxing promoter, an- nounced today. Contracts have not been signed. POSTPONE MORSE HEARING. Bridgeport, June 20.—Another post- ponement was given Harry F. Morse, son of Charles W. Mcrse, by U. 8. Commissioner Lavery today on the charge of conspiracy in connection with the shipbuilding operations of his father, the new date for the hear- ing being June 26. NEW BRITAIN DAILY HERALD, TUESDAY, JUNE 20, 1H22. City Items Tén percent. discount at H. L, Mills hardware store, Wednesday, Bargain Day.—advt, A" special meeting of the Woman's Ald soclety of the First Baptist church will follow the missionary meeting Wednesday afternoon at the home of Mrs, C. A. Ludvigson, of 31 Park Terrace, Rev. John L. Davis will do the preaching and Rev, A. B, Taylor will lead the singing, at evangelistic serv. lces to be held on the old Methodist camp grounds at Forestville next month. The services will be held July 28 and 29 in the evening and the afternoon and evening of the 30th, Harold King, of 21 Highland street, and Miss Hannah Bassett, of Bridge- water, Massachusetts, will be married Saturday, June 24, They will reside in New Britain, Smoke at Pilz's. Baseball scores dally. —advt, Engine Company No. 1 and Chief William J. Noble responded to a still alarm about 7 o'clock last night, for a fire in an automobile belonging to William Georges of New York, at Main and Commercial street, The damage was slight. ~ The automobile used by Chiet Wii- liam J. Noble of the fire department, which has been in the repair shop for the past few days, was put into serv- ice again yesterday afternoon. Supernumerary Policeman Joseph Hayes, who was appointed to the force last Tuesday night by the board of police commissioners, was on duty last night for the first time. He pa- troled the section of Kelsey street and the Town Farm. The Foreign Mission circle of the Elim S8wedish Baptist church will hold its monthly meeting tonight at the home of Mr. and Mrs. C. E. Larson, 65 Maple Hill avenue. Friday evening the Hartford Swed- ish Baptist Young People's society will combine with the Elim Swedish Baptist Y. P. 8., of New Britain, in a June festival concert. Admission is free and an offering will be recelved for the pipe organ fund. There will be a fine program and refreshments will be served. The concert will be- gin at 8 o'clock. A food sale will be held in the Y. W. C. A. parlors on Friday of this week from 10:30 o'clock in the morn- ing until 4 o'clock in the afternoon for the benefit of the Hi Amo Girl Reserves conference fund. Dr. Fred P. Lee, superintendent of health, has sent out questionnaires to a number of citles having a popula- tion about the size of New PBritain, requesting data concerning the dis- posal of garbage and refuge in the respective cities. Mr. and Mrs. Robert J. Driscoll, of Stanley street, entertained a num- ber of friends at their home last eve- ning in celebration of their 14th wedding anniversary. Mr. and Mrs. W. J. Walther of 21 Cottage Place are celebrating thelr 25th wedding anniversary today. They have three children, Willlam H., ¥d- ward W. and Philip J. Walther. _ir. and Mrs. Walther are at present touring New York state and Canada, visiting friends. A birthday party in honor of the 19th pirthday of Miss Peggy Hausrath of 2f1 Smalley street, was held last evening at her home. About 30 guests were present. Games were played and musical selections rendered during the evening. Lunch was served and the party broke up at a late hour. A marriage license was issued at the office of Town Clerk Alfred Thomp- son today to Carl Walter Lund of 553 Congress * avenue, N. H., and Miss Matilda Magnuson of 55 Dwight street. There will be a meeting of the New Britain Schuetjen Verein at B. Jahn's office, on Wednesday. A farewell party was given last night in honor of Arthur Smith, by a number of his friends, at the home of his sister, Mrs. George Jacob, of Greenwood street. Mr. Smith starts for his old home, Nottingham, Eng- land, on Wednesday. Joseph Kin- kaid, of 69 Church street, rendered a few solos. A buffet lunch was served. A daughter was born yesterday to Mr. and Mrs. George L. Day, of 60 Prospect street. TAKE UP EDUCATION This Subject Is on Today's Calendar for Action at Labor Federation Meeting. Cincinnati, June 20, (By Assoclated Press).—Organized labor's attitude on educational questions was before the American Federation of Labor con- vention today for consideration. Over- shadowing the usual questions cen- tering about the contents of school texts, courses of study on the labor movement and free school books was a resolution proposing an investigation of “the alleged discriminatory action contemplated by Harvard college “to deny admission to Jews. Committee members refused to re- veal that disposition of the resolution would be recommended but several delegates wished to discuss the sub- ject regardless of what action might be taken on the resolution. The in- vestigation was proposed by Matthew Woll a vice-president of the federa- tion; Benjamin Schlessinger, president of the International Ladies’ Garment Workers and James Doherty, of the Boston Central Labor Union. A classified ad in the Herald will usually find a willing purchaser or a delighted seller. Just try one. On NOTE, LOANS and HOME FURNITU CONFEDERATION OF b SMALL COLLEGES Nova Scotia Favors Plan ol Consolidation New York, June 20,—Confederation of six amall universities in Nova 8co- tia and New Brunswick to form one strong university at Halifax is recom- mended in a bulletin published by the Carnegle Foundation for the Advance- ment of Teaching. The six institutions of the maritime provinces which it 18 proposed to unite are King's College, Windsor, N, 8, Dalhousie University, Halifax, N. 8, Acadia University, Wolfville, N. 8, Mt. Alllson University, Sack- ville, N. B,, 8t. Francis Xavier's Uni- versity, Antigonish, N. 8, and the University of New Brunswick, Fred- ericton, N. B. To Raise Funds, The plan prepared after a study by Dr. William 8, Learned of the Foun- dation Staff, and§Dr. Kenneth C. M, Sills, président of Bowdoin College, would involve ralsing $4,500,000 of new funds. Each coljege would main- tain individual class rooms and dormi- tories for separate teaching of fresh- men and sophomores. Advanced courses, honor courses and expensive laboratory sciences would be taught in a central university controlled by a joint board and partially supporged by the provinces. The bulletin maintains that the plan would permit the denomination- al colleges to retain and strengthen their denominational character, and at the same time offer their students privileges possible only at universities of the first class. Touching on general educational conditions in the maritime provinces the two investigators reported that educational policy was a political product, the effect being a spirit that education must “keep its place.” A “widespread apathy toward public education” was attributed to Nova Scotia, where, the bulletin said, the universal attitude is to “let the gov- ernment do it, instead of the healthy threat to put in the people who will do {t.” These and other draw-backs, the investigators felt, would be ameliorat- ed by the proposed amalgamation. FORMER U. S. BOAT NOW PRISON SHIP Argenta, Fitted Up With 600 Cells, Is Used to Confine Irish Prisoners Recently Rounded Up. Belfast, June 20, (By Associated Press).—The former U. 8. Shipping Board vessel Argenta has been re- fitted as a prison ship in which to confine the Sinn Feiners captured by the Ulster government in its recent round-up. g Six hundred cubicles or cells have been built, wire netting being used extensivelq, and the vessel, which will be stationed in Belfast Lough, will be ready soon. The Argenta was one of ten wooden ships laid up in British ports by the Shipping Board on completion of their only voyage from America to Eng- land. After being laid up in Holy Loch, Scotland, she was sold to Ger- man interests and later bought by a Belfast firm acting as the agent of the Ulster government. The greatest secrecy has surround- ed her transformatfon into a prison ship as the Ulster officials feared at- tempts would be made to burn her if the news leaked out. PERSONALS Dr, and Mrs., J. W. Bush of 29 Ancoln street have had as their guest, Mr. J. E, Wilkens of Indian- Miss Leah Adelman of 99 Winthrop street, will leave for a trip to Cali- fornia, Friday of this week, Mrs. E. F. Egan of street, |8 spending the friends in New York city, 288 week Proad with Mr., and Mrs. Benton Parker and daughters, Mr. and Mrs. Keenaz Johnston and son and Mr. and Mrs. Burton Morey and son have taken a cottage for the month at Sunset beach. . DOCTOR INDICTED ON MURDER CHARGE Bodies Wil Be Exhumed for Proof Washington, Ga., June 20.—Plans were made to exhume the bodies of Charles W. Wilbanks and the first wife of Dr. J. G. Saggus to deter- mine the cause of their deaths. This announcement was made after the arrest yesterday of Dr. Saggus who was lodged in jail here on charges of polsoning the former Mrs. Saggus and Wilbanks, a former neigh- bor and husband of the present Mrs. Saggus. Dr. Saggus emphatically denied the charges and. attributed them to a “frame up"” born of jealousy. His denial was substantiated by Mrs. Sag- gus, but with the verdict of the cor- joner's jury that the physician was guilty of a double murder in their hands officials prepared for the post- mortem examination. In denying the charges, Dr. Sag- gus asserted that his first wife died last November of neuralgia of the heart and that Wilbanks died in February after an extended siege of asthma. He had given Wilbanks hypodermic injections to relieve his suffering, Dr. Saggus asserted. The present Mrs, Saggus stated that she believed her husband was the victim of a conspiracy of enemies. Testifying at the coroner’s inquest, instigated by relatives and friends of Wilbanks and the former Mrs. Sag- gus, physicians said there were symp- toms that both were poisoned but they could not be sure of the cause of their deaths. § Letters designed to show improper relations between Dr. Saggus and his present wife before the death of Wil- banks were introduced at the hear- ing. Dr. Saggus carried $5,000 in- surance on the life of his first wife, witnesses testified. FINED $100 IN MERIDEN James Balocki of This City Appeals From Assessment Levied on Charge of Reckless Driving There. Another New Britain man, James Balocki, received a taste of Meriden police court justice yesterday when he stood in open-mouthed amazerent as the judge imposed a fine cf $190 and costs for reckless driviag. Balocki immediately filed notice of an appeal to the superior court. The accused was arrested c¢n Sun- day. According to the Meriden po- lice, he passed by a traffic policeman at the corner of Hanover street and Cook avenue at such a vate of speed that pursuit was started and a reck- less driving charge preferred. Our Vacation Saving Club Is Open For Membership Pay in 50c, $1.00, $2.00 or $5.00 each week for 50 weeks and you will be assured a substan- tial amount for next year’s vacation. Join Now! 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(SECOND FLOOR, RIGHT). 87 WEST MAIN STREET Licensed, and Supervised, by State Bank Commissioner. Bouded to tho State of Comnecticut. PUTNAM & CO. Members New York Stock Exchange Members Hartford Stock Exchange (Successors to Richter & Co.) 31 Wost Main St Stanley R. Eddy Tel. 2040 Manager WE OFFER: 100 Shares Stanley Works Preferred JUDD & CO. MEMBERS HARTFORD STOCK EXCHANGE HARTFORD: Hartford-Conn. Trust Bldg., Tel. Charter 6330 NEW BRITAIN: 23 West Main St.. Telephone 18153, We Offer: 10 YALE & TOWNE MFG. CO. at 310. This company manufactl:ners the famous Yale locks. Dividend 20%, net income 6.40% Thomson, Thenn & Co. Hartford NEW BRITAIN 10 Central Row New Britain National Bank Bldg. Telephone 2-4141 Telephone 2580 Members Members New York Stock Exchange Hartford Stock Exchange WE OFFER: Stanley Works Com. and Pref. JOHN P. 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