New Britain Herald Newspaper, August 18, 1922, Page 2

- BETHLEHEM STEEL President of Corporation Submits| New Plan to Stockholders Newi York, Aug. 18—~Reorganiza- tion and simplifications of the porated structure of the Steel corporation s provided for in n: | plan submitted to stockholders by | there will be authorized in its place President W, G, Grace in connection with a request for their approval of te purchase by the corporation of the Lackawana Steel corporation of the Lackawanna Steel torporation. The stockholders meeting will be held in Newark, N. J,, on September 18, Two Classes of Stock Under the proposed plan, the | | Bethlehem corporation will have only two classes of stocks, all with voting power, instead of four, two of which | are not enfranchised at present. The $106,000,000 of outstanding A. and 8. common, & per cent cumulative pre- GUST 18,1922 preferred will be virtually retired and $77,000,000 in new seven per cent cumulative preferred stock and $82,- 608,600 in common stock Holders of $30,000,000 eight per cent cumulative preferred stock will be given an opportunity to exchange their mecurities for the new seven per- cent cumulative preferred on the basls of $115 in new stock for each ehare of the old, and the holdérs of the existing $15,000,000 of seven per cent non-cumulative preferred, and the additional stock of that class to be issued in connection with the Lacka- wanna purchase, will be allowed to Pethlehem ' ferred at 7 per cent. Non-cumulative ' exchange for the new seven per g¢ent preferred on an even basis, The class B common stock will be exchanged for the new common dollar for dollar, All Stockholders Get Voice It this change is effected, 1t will mean that all the stockholders, In. stead of the limited number now hold- ing the $80,000,000 of class A, com- mon and 7 per cent non-cumulative preferred outstanding, will have a voice in the management of the cor- poration. The Lackawanna purchase invelves the agceptance of Bethlehem of the existing llabilitles and obligations to the Lackawanna company the pay- ment of $308,680 in cash and a par New Apple Ples ... loss, not ours. \C—— SATURDAY BAKING SPECIALS Hot Bread, 24 oz. loaf 130’ zlor 250 This Bread is made from Occident Flour hot from our ovens direct to your table. New Huckleberry Pies ................ We have used Pure Materials in Our Baking for 35 years not spasmodically. If you don't get a supply of our goods it is your SPECIAL - Week-End Chocolates IN THE “CANDY SHOP” Our Hand Made Assorted Chocolates ...... 4 n 1 Pound LADY HELEN CORDIAL CHERRIES NG TO-NIGHT Youll ficat-over-the-floor like you're wired on wings; yep,—~you'll C Another batch of Fresh Made Cocoanut Kisses, 3 3 assorted flavors y SO [ We do not use imitations or substitutes. DELICATESSEN DEPT. On High Score New Made Creamery Butter, we 69c The Dickinson Drug Co. 169-171 MAIN ST. Without Equal For Value! Horsfall 4-Piece Sport Suits —With knickers and long trous- ers —With 2 pair of trousers. $35 These suits are of fine tweed effects and novelty mixtures, well made into smart patch pocket Sport effects. The num- ber of them is limited so buy now while they last at this spe- clal price. “It Pays to Buy Our Kind” We will be closed on Wednesday Afternoons Until further notice. City ltems Meet me at Schmarr's for dinner.— advt. Dr. C. E. Erickson's Saturday morn- ing class at the Swedish Lutheran church, will not meet tomorrow morn- ing. Have The Herald follow you on your vacation. 18c a week. Cash with order.—advt. Mrs. Charles Flenke of street, is recovering after h 3 dergone an operation at the New Britain general hospital Saltesea Clam Chowder, once tgied is always used. Leading grocers. —Advt. To make the desserts you like best taste better, flavor them with Baker's Certified Flavoring Extracts. At all good grocers.—advt. WELCOME STUDENTS Denmark Gives American Party | Gala Greeting After Visiting Their| Land. Copenhagen, Aug 18.—After a week's visit to Denmark, a party of 18 traveling American students has left here for Norway and Sweden. The students are visiting the Scan- dinavian countries under the auspices of the International Students’ Tour and in cooperation with the American Beandinavian Foundation James Creese, secretary of the latter organi- zation, and Professor Benson, of Col- umbia University, are eonducting the | tour. After a short visit to Germany| and France, the students here will Join the rest of the 350 American stu- dents, who arrived in FEurope on board the Saxonia, and return with | them to the States, | During their stay in Copenhagen the students, mostly undergraduate from various American universities have been entertained by the Ameri-| can Minister, the Copenhagen Munici- pality, the Copenhagen University and the Danish Students’ Union. They have visited museums and other| places and institutions of interest un- | der the guldance of first class Danish | experts. ITALIAN CIVIC ASSN. MEETS The Italian Civic association held a largely attended meeting at their club rooms on Main street last evening, | about 300 being present, according to officers of the society. Guests were present from Hartford. Refresh- ments were served ———-— FOX’S—Mon.—Twnes. NORMA TALMADGE THOMAS MEIGHAN “The Forbidden City” NOW ON SALE DANCE RECORDS Dancing Fool. Serenade Blues. Fox-Trots. Frank Westphal and His Rainbo Orchestra, A-3654 10-inch 73c -'N.nh the South Sea Moon, From “Ziegfeld Follies.” It’s Up to You (J'en ai Marre) Fox-Trots. Ray Miller and His Orchestra. A-3649 10-inch 75¢c I'm Just Wild About Harry. Deedle Deedle Dum. Fox-Trots. Ray Miller and His Orchestra. A-3640 10-inch 75¢ ‘ SONG Haunting Blues. Nobody Lied (When They Said That I Cried Over You). Marion Harris, Comedienne. A-3646 10-inch 75¢ You’ve Had Your Day. I Ain’t Never Had Nobody Crasy Over Me. Nora Bayes, Comedienne. A-3652 10-inch 75¢ Song of Persia. In Maytime. Tenor Solos. Edwin Dale. A-3638 10-inch 75¢ It's the Last Time You'll Ever Do Me Wrong. Busz Mirandy. Dolly Kay, Comedienne. A-3644 10-ich 75¢ Pinkie, “The Flapper Song.” By the Riverside. Tenor Solos. Frank Crumit. A-3651 10-inch 78c¢ Just Because You're You. Rose of Bombay. Fox-Trots. Eddie Elcins’ Orchestra, A-3648 10-inch 75¢ Sunshine Alley. We'll Build a Dear Little, Cute Little Love Nest Some Sweet Day. Fox-Trots. Ted Lewis and Hig Orchestra. A-3647 10-inch 75¢ If I Had My Way, Pretty Baby. Nobody Lied. Fox-Trots. The Happy Siz. A-3645 10-inch 75c HITS Mary, Dear. Baritone Solo. ¢ Elliott Shaw. I Wish There Was a Wireless To Heaven. Tenor Solo. Billy Jones. A-3655 10-inch 75c Sleepy Little Village (Where the Dixie Cotton Grows). Hart Sisters, Harmonizers. Why Should I Cry Over You? Tenor Solo. Billy Jones. A-3660 10-inch 75c Rock Me In My Swanee Cradle. Male Quartet. Shannon Four. Goe! But I Hate To Go Home ¥ Alone. Tenor Solo. * Billy Jones. A-3641 10-inch 75c DRI S ) He May Be Your Man. Rules and Regulations. Edith Wilson and Johnny Dunn's Original Jazz Hounds. A-3653 10-inch 75¢ VOCAL You Can’t Do Nothing 'Till Martin Gets Here. HowT Fried! ert Williams, Comedian. A-6216 12-inch $1.25 A Camp Meeting At Pumpkin Center. Last Day of School at Pumpkin Center. Cal Stewart, Comedian (Uncle Josh). A-3637 10-inch 75¢c Moo-Cow-Moe —The High Giraffe. Monkey Man —The Shave Store. Edmund Vance Cooke. A-31561 10-inch 75¢ SYMPHONY Sleep, Little Baby of Mine. (Dennee) Son o’ Mine. (Zagmecnik) Soprano Solos. Lucy Gates. A-3639 10-inch Symphony $L00 Two Little Stars. Calm As The Night. Mezzo Soprano Solos. Barbara Maurel. A-3643 10-inch Symphony $1.00 (O’Hara) (Bohm) E«’ The Music of the Masters—Fortunate is the person who loves good music. To him Columbia Symphony Records bri.ng. the imperishable ml}sic of the ages, whisperings of the great harr.ionies that sweep the universe, the joy and peace that live in the secret places of spirit. Parted. (Tosti) Tenor Solo. Charles Hackett. 98003 12-inch Symphony $1.50 Hungarian Dance No. 1. (Brahms) Violin Sclo. Toscha Seidel. 49690 12-inch Symphony $1.50 Norwegian Bridal Procession. (Grieg) Liebestraum. (Lieat) Piano Solos. Percy Grainger. A-6217 12-inch Symphony $1.50 N youw'll know! dance your heels off—when you uncork “Dancing Fool”’—hot-dog fox-trot spilled by Frank Westphnl and his Rainbo Orchestra! It's a just-out Columbia Record that'll keep you going till the candles burn out! Get it quick. A-8664—10-inch—T5e. Sprlng # to- night if you want to get ‘em all wild! No use trying to sit still! FOR a fact, you can’t keep ’em off the floor when Frank Westphal and his Rainbo Orchestra break out with “Dancing Fool”! You and the rest just dance your heels off! Me- o-my, listen to that big bazzaah and just try to quit! Can’t be done! “Dancing Fool” registers 80 miles per for speed and joy and the more you get of it the deeper it digs into your dance-digits! Get this new Columbia Record before you do anything else and slip-a-shock into the bunch that will register deep! And, listen. Turn the record over and there you have “Serenade Blues”—another Westphal wallop that not only has wonder fox-trot action, but is a musical gem! It’s a corking dance arrangement of Schubert’s “Serenade.” Sudden- like the zip-boom jazz stops, the lights go out, and there you are dancing in the moonlight. Comeon! Put these two Westphal pippins on to-night; grab-a-girl—and let’s go! Every record on the new Columbia list was picked in the garden of peaches—each one will win you! Tear out the list and take it to the Columbia Dealer and have them played. You'll appreciate the superior quality of the Columbia new process Records because they have a won- derful mellowness and bell-like clearness and are free from annoy- ing surface scratching. Compare Columbia with other records—then COLUMBIA GRAPHOPHONE COMPANY, New York Ayers’ Soda Water Call for it by name and get the best. | For Sale at Your Grocer's ° Three Size Botties—5-10-15¢ BUY YOUR COLUMBIA GRAFONOLA AND RECORDS wvincmminsars P e 138 MAIN STREET New Britain's Largest Exclusive Retail Talking Machine Shop never follow—WE LEAD. :rtl;i:éfv.éil... ) 350 aBews AT 1) lOc R »80c Ptk ...... Fresh Native Eggs Roast Styffed Young Chickens (2%; and 3 b each) Rindless Bacon Sliced Very Thin .. Try Our Russian Salad. e 1. 1 “onee ... m 20C Cheese . f Baked Scotc Ham ...... m85¢ Moorland’s Milk and Cream Store Closes At 6:30 P. M. HALLINAN’S amount of the capital stock in Bethle- hem equal in par value to the out. standing stock of the Lackawanna company. This will necessitate the fs- suance of $12,600,000 more of the! present seven per cent non-cumulative preterred stock and $22,608,500 of class B. common stock. No Additional Financing No additional financing is required by the Lackawanna purchase, but the Bethlehem board of directors has de- cided to spend $15,000,000 in improv- ing and enlarging the Bulalo plant of the Lackawanna company and the money for this will be obtained ‘through the new financing provided for in the re-organization plan. The Bethlehem board also asks for au- thority to provide an increase in the capital stock of approximately $38,- 000,000 to be avallable for use, in the discretion of the directors, in the pay- ment of etock dividends and for any properties that may be required. In this connection, President Grace stat- ed that no stock dividend was under consideration at present and that ne- gotiations were pending for the pur- chase of other properties. FORD CITED ON SPITE FENCE Ofl Dealer Attributes it to Refusal to Sell Ford Fuel Detroit, Aug. 18.—Federal Judge Tuttle has directed the Ford Motor company to appear in the Federal Court on Aug. 25 and show cause why he should not issue a manadatory or- der to remove an alleged epite fence built at night, blecking an .entrance to the Wayco Oll Company station leased from Henry Ford on land across from the Highland Park plant. Ford also must show cause why a | temporary restraining order should not be issued against further slleged molestation. A petition for the order was pree« sented by Routler Nichols, rapresents ing Harry G. Schlee, an official of the oil company, who attributes the eree« tion of the alleged spite fence to his refusal to sell benzol, Ford's motor fuel. The action is brought in Federa! | court because the Ford Motor eom« | pany is a Delaware corporation. POLAND'S IMPORTS INCREASED Warsaw, Aug. 18.—Polish importa today consist largely of cotten and metal manufactures, while her ex« ports are ofl, timber and textiles. In spite of the high rate of exchange the United Btates holds second placd in the list of countries supplving Polish imports. Poland is still im. porting in larger amounts than sh( exports. The foregoing is from “The Statistical Magazine of Poland.” . INQUEST NEXT WEEK Cambridge, Aug. 18.— An inques into the fatal automobile accident of Tuesday near Reading {in which Wil¢ llam M. Wood, Jr., son of the presi« dent of the American Woolen Co., and Major Alexander Gardner, last their lives, will be held next week at Wo. burn, District Attorney Saltonstall, of | Middlesex county announced today. CHAS. DILLON & CO. HARTFORD FINAL CLEARANCE SALE Of Desirable Summer Merchandise TRIMMED DRESS HATS §$1.95, $2.95 Values to $12.00 These include georgette crepe, satin, canton crepe, ‘taffeta, etc., in all the pastel shades as well as white, SAILORS The balance of our attractive summer sailors to close All Colors NEW FELT HATS The hat that is popular for present wear and for the autumn. All the sweater colors are included. Also black and white, $1.95, $2.95, $3.50 Up. Really unusual values. at $1.00, $1.95, $2.95. SUMMER FROCKS At Great Reductions—Grouped at these three prices $1.00, $1.95, $2.95 These are fine quality ginghams in attractive colorings, beantifully trimmed. All sizes. Worth many times these prices. Renier, Pickhardt & Dunn 127 MAIN STREET PHONE 1409-2 OPPOSITE ARCH STREET The Continuation of our REMARKABLE SALE OF WASH DRESSES We will have some very good styles in about every size at prices which are sure to please you. ALL OUR WASH SUITS For Boys At Greatly Reduced Prices $2.00 quality at $1.50 quality at . $3.50 quality at ... : ROMPERS also included in this reduction.