New Britain Herald Newspaper, September 1, 1922, Page 21

LARGE GROP TENDS T0 DROP PRICES Reduction for Farmers Seen as Bumper. Harvest Gomes New York, BSept. 1.—A bumper harvest such as the U. 8, department of agricuiture predicted in its Aug- st crop report, 18 not necessarily a favorable symptom for business, ac- cording to the Industrial Digest. Too plentiful crops, the magazine says, may mean, & reduction in the prices of farm products and there- txe & further curtallment of the Tier's buying power. If industrial sduction s not increased to a arger degree than farm production, the effect on conditions s likely to be unfavorable. ‘ « Orop About Average. “It appears, from the latest crop report, that our position this fall will be midway between the second and third possibilities. The crops will be considerably above the average of the past few years but not go much great- er as to threaten a radical drop in agricultural prices. “The situation is made a little worse by the threatened curtaliment of the industrial production due to the shortage of fuel and the railway con- gestion which are threatened as re- sults of the present strikes. This may further increase the spread between industrial pricés and farm prices to the disadvantaga of the farmer, re- sulting iIn a failure of the farmer's de- mand for industrial products to re- new itself as it should if recovery is to be complete. “Farm prices have been dropping fast enough during the past year in comparison with industrial prices and the situation is already bad enough for the farmer. Bradstreet's general average of commodity prices for August 1 was 12,0688, compared with $11.0676 on the same date last year—an increase of $1.0112. During 4 PALACE Starting Next Sunday RUDOLPH VALENTINO Gloria Swanson in “BEYOND THE ROCKS” So there the same period the prices of bread- stuffs rose only $0.9081, livestock rose 0.0040, ' provisions dropped 0.0750, and fruits dropped 0.0302. The spread, therefore, is now widening. Business Better “Business conditions in this country will be better when farm prices are higher in relation to industrial pro- ducts than they are today. Thus it appears that the trend as indicated by Bradstreet and forecast by crop reports is not entirely favorable, “Unquestionably some encourage- ment is to be found in the wheat crop report. The August forecast for the total crop of winter and spring wheat combined is 806,000,000 bush- els, compared with a forecast of 817,- 000,000 in July, & crop of 796,000, 000 bushels last year and an average of 799,000,000 bushels for the five years from 1016-1020. Thus the wherr erop is above the &verage, but not startingly large. “The world wheat crop this year, according to the best preliminary Atatistics, is smaller than the expected demand, “This would indicate that there will be a good demand for American wheat, and therefore that the price may be expected to stand up. The large scale farmers of the grain coun- try will profit chiefly by this. The bumper crops of other products, also, will be more damaging to the little farmers than tp the big fellows. The ranches may able to dispose of their big cropa. bulk before the markets break; it the little farmer is faced with. the prospect of seelng his potatoes a drug on the market and letting his apples rot on the ground. “On the favorable side of the scale must be reckoned the middlem#a who will benefit from the good wheat sit- uation, But the small farmer, who has been in a bad way for several years, can hardly be expected to re- cover this fall. And he is the mau whose lack of money is keeping the remaining frozen credits unliquidated, and preventing the retail demand from booming as actively as industry would like to see it boom. PUBLIO WORKS HEARINGS. The board of public works will meet next Tuesday evening at 7:30 o'clock. The following hearings will be held: Sewers in Gold street, be- tween Lyman street and 180 feet north from Lyman street; sewers in Newington avenue, the full length of the avenue; curbs on Buell street; re- hearing on the Corbin avehue build- ing line. At a recent meeting on the Corbin avenue building line, there was §pposition to the reduction from 80 feet to 15 feet. Property owners are favorable to a 22-foot line. you are— Competition in shoe prices has been ‘“‘something fierce.” It hasn’t made shoes any better, but it has taught people what kind of shoes are bet- ter. It has been demonstrated that the cheap price is usually a dear price. Walk-Over never has and never will make anything but genu- inely good shoes. On real shoes—~ not imitation shoes—Walk-Over is eager to meet any competition, The Claridge in a new Fall pat- tern—notice the full toe and smart shaping . . . DAVID MANNING'S Witk Cver Shoe Store 211 Main Street 1 future. OUTSIDERS WOULD LEASE THE LYCEUM Negotiations for Leasing Theater Are Now Under Way, Walenty Lech Announces Today, Negotiations are now under way for leasing of the Lyceum theater on West Main street to New York or Wallingford theatrical men, accord- ing to an announcement made this af- ternoon by Walenty Lech, present lessee of the theater, and Lawyer Henry Nowickl, through whom the deal will probably be closed. Lawyer Nowicki sald this after- noon that a man interested in a thea- ter in Meriden 13 seeking the local house as is a man in New York. An appointment was made with one of the men to appear in this city yester- day but he did not show up. Mr. Lech sald today that he expected the men would put in an appearance late this afternoon. The terms of the pro- posed lease are not known. Mr, Lech saild, however, that he will release his present lease on the theater to the Lyceum Amusement corporation so that the out of town men may secure their lease from the corporation and not from Mr, Lech, The lease held by the present lessee does niot expire for several years. The Lyceum theater has been dark since the Cormican 8tock company closed the house in May of this year. It is not thought that the theater will be opened this month even if new people should take control of the house as it is understood that the lease held by Mr. Cormican, who was adjudged bankrupt, does not expire until the middle of September, and then there is some repair work to be done, including the installation of an asbestos curtain. BLAMES MAN FOR DEATH Porto Rican Woman, Thrown from |go to New York, has returned to take Automobile, Reveals Man Who At- tacked Her—She Dies of Injuries. New York, Sept. 1.—Mercedes Ramirez, a Porto Rican, died in the New Rochelle hospital today of a fractured skull suffered early yester- day morning when she was thrown from an automobile near Larchmont. Before she died the young woman gave the police the name of a man, who, she sald, had attacked her and then threw her from the car. She is the fourth young woman to be picked up at the roadside in that vicinity under similar circumstances in the last four months. KILLS WIFE Arthur Gintel Becomes Angry When Spouse Tells Him To Get A Job New York, Sept. 1.—Mrs. Evelyn Gintel of 504 East Eighty-ninth street, told her husband Arthur yes-| terday afternoon that if he did not get a job and go to work she would | leave him, so he killed her with a carving knife. He chased her through the house, which is a private dwelling owned by Mrs. Gintel's father, Sam- uel Berstein, and caught her in the kitchen, where he slashed her throat. Then he stabbed himself ten times in the chest and fcll across his wife's body. He was sent to Flower hospi- tal, where it was said he would die. The Bernsteins told the police that after their daughter married Gintel three years ago, after his first wife had divorced him, Bernstein started a laundry for his son-in-law, but Gin- tel soon tired of that, sold the busi- ness and spent the money. Later he got a job as chauffeur, but quit that soon, and then gave up work entire- ly. Since then the Bernsteins had been supporting the couple. DEATHS AND FUNERALS Mgr. Edwards Funeral The funeral of Rt. Rev. Monsignor John Edwards, who died in St. Vin- cent's hospital at New York, on Wed- nesday night, will be held at 10 o'clock on Monday morning at St. Joseph's church on Sixth avenue, New York. Archbishop Hayes, of St. Pat- rick’s cathedral will officiate. The deceased priest leaves besides his brother, James Edwards of East Main street, this clty, the following rela- tives: Miss Mary R. Edwards and Mrs. Thomas Myers, of this city; Mrs. Beatty, of New York; Michael J. Ed- s, of Cleveland, O.; Rev. Peter of Hartford and Sister Mary a nun of this city. GENERALS TAKE FIELD Evariesto Perez war Coffey, Joachim, Manuel Lovez and Appointed by President Obregon to Combat Against Rebel Uprising. San Antonio, Tex., Sept. 1.—Gen- erals Manuel Lovez and Evariesto Perez have heen appointed to take the field against General Francisco Mur- gufa, who is reported in arms against the Obregon government, according to a dispatch printed yesterday by La Prenza, Spanish language newspaper published here. The paper also published a story from its correspondent in Mexico City that Pancho Villa, former rebel against the Carranza government, has offered his services to Secretary of ‘War Serrano. Striking Miner Kllled When Refused to Work Pittsurgh, Sept. 1.-——Andy Nausi, a striking miner of Lambert, in the Connellsville coke region, was killed today by a gnard when he refused to go back to work, P. T. Fagan, presi- dent of District No. 5, United Mine Workers announced he had been in- formed by his chief organizer in that district. TO WED HART l‘fllln MAN. At a gathering held last cvening, Mr. and Mrs. Andrew A. Petuskas, of 43 Franklin street, announced the cn- gagement of their daughter, Mar- garet, to Michael John Scanlon, of Partford Miss Petuskas is conntcted with the office force o! the New Britain Record company, end Mr. Secanlon is with the Aetna Life Insurance vompany of Hartford. The laway from its native soil died today |\ {at The Bronx Zoo | body wedding is to take place in the near N Clty ltems Sept., Victor Records at Morans', ~—advt, Supernumerary Policeman and Mrs. Thomas Mullen, of 28 Whiting street, are rejolcing over the birth of a 10- pound baby girl, Van Raalte silk hose $1.85, smith, 48 Broad St.—advt, The annual meeting of Daly coun- cft, K. of C., will be held next Tues- day night at 434 Main street, The re- port of the bullding committee will be read, and a number of important matters are scheduled to come up for transaction, A son has been born to Mr. and Mrs. John A. McCarthy of Hamllton street. Vincent Ringrose has taken a po- sition with the W. G, 8immons corpo- ration and has taken charge of the men's department of their New Brit- ain store, Adolph E. Gradeski, of this city, has been assigned by Bishop John J. Nilan of the Hartford dlocese, to com- plete his training for the priesthood, in St. Bernard's seminary, at Roches- ter, N. Y. An announcement was made today of the marriage of Miss Margaret Skeene of Kensington and Robert Er- win of Erwin Place this city in Broadbrook, Conn,, on January 11, Van Raalte silk hose $1.85. Gold- smith, 48 Broad St.—advt. “‘Georgette’” 1ively new dance rec- ord. C. L. Plerce & Co.—advt, Word has been received in this city of the death at the Old Soldlers® Home at Noroton pf Levi C. Stone. The body will be brought to this city for burial. No relatives of the de- ceased are known, Smith Business School opens Sept. 5th.—advt, The postponed pienie of the Sons of Veterans will be held on Septem- ber 9, at the home of Fred Yarroll. | Henry R. Weiss, who is the founder of the Universal print shop at Winter street and Hartford avenue, and who left this city about a year ago to Gola- N in active charge of the business end of the printing plant which he formerly conducted. Fred Watkins of Main street is un- dergoing treatment at the New Brit- ain General hospital, PERSONALS. James Keevers of East Main street and Rene Bardeck of Arch street, are spending a vacation at Atlantic City, N. J. & A Al A A A A A A Al A Al A B Mr. and Mrs. Reinas and daughter, | Mildred, have left by auto for Port Jetferson and Montauk, Long Island, where they will spend the week-end and Labor day. b Mr. and Mrs. Emil Hjerpe of 406 Chestnut street, are entertaining Mr. and Mrs. Clause Gran of Woodstock, Conn., Mr. and Mrs. A. J. Heagstrom of Thompson, Conn., and Mrs. John Anderson of Woodstock, over the holidays. [} Miss Ruth Austin of Kensington, lemployed at the New Britain Machine company office, will leave tomorrow for a two weeks’ vacation at Indian Neck. Mrs. Fred Sunderland and daugh- ter, Dorothy, and son, Freddie, of 411 West Main street, have gone to Port. land for a visit. G G G Miss Nellle Crown, of the Union News stand at the rallway station, is on a two weeks' vacation. Mr. and Mrs. Arthur Kallberg and family of Lake Boulevard, and John Kallberg and Miss Oliga Kallberg, of 153 Grove street, will moter to Ros- | ton tomorrow morning, where they | will remain over l.abor day. BOTH FACTIONS ARE CLAIMING VICTORY, A K M M By N N N (Continued from First Page.) given the delegates. B. H. Gillman, Alice I. Smith, Robert Fitzroy and Lulu Hopkirs were chosen for the congressional, convention. Bl In Hartford. St Hartford, Sept. 1.—Senator Morgan G. Buckley will head the delegation| to the state convention from this| city. He was elected last night at the city convention held to name dele-| gates to the five republican conven- tions. St *1 In Middletown. | Un Middletown, Sept. 1.—State central committeeman, Thomas F. Griffin, was assured of his re-election to the | committee when delegates known to be favorable to him were elected last night at the democratic caucus. Mayor James F. Connory will head | the delegation The independent ticket opposed to Mr. Griffin was de- feated 2 to 1. u U U v [ Wi M VISITING PREACHER HERE Rev. Axel Bergstedt of Brockton, Mass,, Preaches at Swedish Church Rev. Axel Bergstedt of Brockton, | Mass., preached at the mid-weck prayer services at the Swedish Beth- any church last evening. Rev. Mr. Bergstedt visited this city during a trip and stopped over to conduct the services. This Sunday morning, Rev. C. E. Peterson will conduct the services. The Sunday school of the church will commence its activities following the annual summer vacation, a week | from this Sunday. Bi Fa THE F[:\T\'Pl § IS DEAD. New York, Sept. 1-—The only; platypus that ever lived in captivity| J N N where it was| housed 49 days ago after a journey from Australia. The duck-billed alien; a modest, retiring crralurmm might have died of nostalgia, but no.‘% knows, it was said at the 200.|q The rémains will be sent to the Col- lege of Physicians and Surgeons for study and later to the Natural His- tory Museum. St '8t TORK CLEARING HOUSE REPORT 900,700,000 W Exchanges balances ... + 179,900,000 l Olls, established. points, per cent. prices. foreshadowed total over a million shares. furnished by Putnam Tm | Pure Ofl . Pan Am P & T Penn R R Pierce Arrow South Pacific South Rail W Hart Hfd Landers F J R Montgome! ] STREET STI]GK EXCHANGE REPORTS Wall Street, Pet, continued while Hoaston, Paclfic and Producers amd Refiners each advanced a point or more, U, 8, Steel approached with- in striking distance of its high of the year, featured 10:30 a. m.—A the brisk demand for olls and equipments, most of which registered gains of one two points opening of today's stock market win and Pullman broke through new high records for the year as d4ld Am'n. Can and Allled Chem, Mexican to irregular Bald- | to its rise of yesterday | Noon.—Buying caused a notable ex- equipment ew Haven, St. Call receivership. pansion in the dealings and an ad- vance of considerable proportions in the greater part of the general list. tobaccos, motors and dlvidend paying rallroads bound- €d up 1 to 3 points with a consider- able number of new high Low priced rails were agaln under heavy selling pressure, apparently reflecting the nervousness of many holders as a result of Chi- cago and Alton Erle shares were supplied liberally, the common falling 3% the first pfd. 3 3-8 and the second pfd. 3 points. records The Paul common and pfd., Texas and Pacific and New York Central were also depressed 1 to 2 money opened at 4% The great absorbing power of the crude sugar, Famous Players, lted Chem, Phillips Pet and Gen. Am tank were bid for at steadily rising Trading was on a scale which dealings of well Quotations Company. m m m m m m m Bt Sug Can Cr & Fdy. Loco Sm & Re.. Sg Rt cm. . Tel & Tel.. m Tob .. m Wool ... na Cop ... tch Tp & S F t Gulf & W1 aldwin Loco .. Raltf & Ohio .. Beth Steel B .. onsol Tex xCan Pacific .. Cen Leather ... hes & Ohio Chi Mil & S P. Chi Reck Isl & P Chile Copper Chino Copper .. Consol Gas Corn Prod Ref.. Crucible Steel Cub Cn Sug ..., Endl John .... Erie ... FErie 1st p: . en Elec .. en Motors t Nthn pfd Insp Cop .. Inter Con Int Con pfd Int Mr Mar .... Int Mr Mar ptd llis Chal . Pac Oil Int Nickel . Int Paper elly Spring ex Petrol idvale Steel YNH&H.. orf West .. orth Pac ttsburgh Coal Ray Con Cop .. Reading . |Rep I & 8§ Royal D, N Y . nclair Oil Ref udebaker Co | Texas Co Texas & Pacific Tobacco Prod.. Transcon Oil Tnion Pacific nited Fruit .. | United Re St S Food Prod S Indus Alco S Rubber Co S Steel S Steel pfd .. Utah Copper .. illys Overland estinghouse id States Steel x—Ex-Div. Cot Ofl ... and High . 48% 187 27% 169 . 96% . 6% L.1045% 325 130% 59 785 L 113 .150 413 i 34 48 . 23% 81% ..136% 119 . 96% 15% 8936 63 7 r Kennecott Cop.. Lacka Steel Lehigh Val ..., 70 +019914 79 L343 .1181% 8954 .88 847 47 11% 7015 165 803 697% 57% 341 . 94 27y 131% 403 8214 87 15% . 151% 15434 803 6% 661 57Y% 121% 71 6 641 13% % level Rock Crucible Steel, market was tested by a sudden drop of nearly 5 points in Mexican Pet. from fits earlier high development scarcely ruffled the con- fldence of the bulls energetic buying continuing in a wide variety of shares. The sugars were run up 1 to on the announcement of an advance but this 2 points Island, Al- Low Close 47% 62 187 27% 122% 64% 83% 126% 166% 9514 54% 104 31Y% 129 5814 78 107 148% (Putnam & Co.) Aetna Life Ins Co .. Am Hardware ... Am Hosiery ge-Hfd Cpt Co Brass tnir Bearing Elec Light R Montgomery B Gas B Machine 1seell Mfg Co ovill Mfg Co andard Screw anley Works com . and Cooley pm N B Machine pfd Niles-Be-Pond com North and Judd v Peck, Stow and Wilcox 31 Southern N E Tel .. Stanley Works pfd Torrington Co com Traut and Hine Travelers Ins Co Union Mfg Co Bid ..650 ..188 1128 Billings & Spencer com Billings & Spencer pm 26 Bristol Colt's Arms .. Conn Lt & Pow p{tl Eagle Lock .. . 45 47% 63 166 % 95 % 553% 1045 31Y 180 68% 8% 11 1481% 41 765 833 48 Z'U/" Asked 660 | | | | | Thomson, Tem & o | PUTNAM & CO. Stanley R. Fddy, Manager Mcmbers New York Stock Exchange Members Hartford Stock Exchange (Succedsors to Richter & Co.) We recommend for investment Dallas Power and Light Co. 7% Cumulative Preferred Stock 31 West Matn St., Tel. 2040 Dividends payable quarterly, February, May, August and November 1st, This company does the entire electric power and light business in Dallas and suburbs, serving a population of It operates under a most satisfactory fran- chise, which was approved by a popular vote of the City on April 8, 1917. The operations of the company are supervis- ed by the Electric Bond & Share Co, about 175,000. Price 98 and accrued dividend to yield about 7.13%. American Tel. & Tel. Co. Rights, Baught, Sold, Quoted. JUDD & CO. MEMBERS HARTFORD STOCK EXCHANGE BARTFORD: Hartford-Conn. Trust Bldg., Tel. Charter 6330 NEW BRITAIN: 23 West Main St.. Telephone 1818, WE OFFER: Torrington Co. Stock NEW BRITAIN New Britaln National Bank Bldg. Telephone 2580 Hartford Stock Exchange WE OFFER: Members Hartfora 10 Central Row Telephone 2-4141 Donald R. Hart, Mgr. Members New York Stock Exchange FULLER BRUSH PREFERRED to yield 79 We Do Not Accept Marginal Accounts. JOHN P. KEOGH Member Censolidated Stock Exchange of New York Bridgeport New" Haven Springfield Direct Private Wire to New York and Bostom G. F. GROFF, Mgr.—Room 509, N. B. Nat'l Bank Bldg.—Tel. 1015 Waterbury Danbury Middletown STOCKS BONDS Y m. STEVENS and GREEN Stocks and Bonds We Will Sell 100 Shares of A. J. BEATON MANUFACTURING CO. 115 PEARL STREET OF NEW BRITAIN At 842.00 a Share. Telephones: HARTFORD, CONNECTIOUT 2-3278—9 SAFE WAY TO BORROW MONEY WE al, without or as ances for This Institution is financed and conducted ful; er a Saturdays, 9 to 1. LEND MONEY inquiring no pawns; desired; counts paid off; ot employers; repayat legal charges only, actual time due. CONFIDENTIAL CONSULTATION BANK-LIKE SERVIC] directed by f service; 1 and courteous dealings; CALL OR WRITE on Note, or Home Furniture to persons having eteady employment, or incomes, also lend to property own- in § to 15 monthly baged on E business and not solely for profit; new borrowers welcomed; oth- private Inquirtes; QUICK SERVICE, HOURS, 9§ to 5:30, and profeasional without installments, unpaid bale very fair and h men; elp- BENEFICIAL LOAN SOCIETY ROOMS 104-3, Professional Bldg., 87 WEST MAIN ST. Licensed By State Bank Commissioner, MIDDY COMMANDS SQUADRON. Ma., (SECOND FLOOR, RIGH T) Bonded to the State. e —— \flagship, |the | Higeins to mount the bridge of the the North Dakota, and send squadron. He |duties with notable success. Higgins of Hawaii Ilnldt Post a Week |out the orders to the other ships of * on Practice Cruise, performed his Annapolis, 1.—Midship- Iman Ronald D. Higgins of Hawalii has | |occupied for the last week a unique position for a midshipman—that of ‘\qundmn commander—being the first !midshipman to perform work func- {tlons. Thirty-five years is given as the least period in which Higgins or any of his classmates is likely to hold such a rank again Rear Admiral Newton A. MeCully, ! |who commanded the midshipmen's ' practice squadron this year, put a midshipmap in the place of every officer of the squadron for the last |week of the cruise, instructing the| Sept % |officérs not to interfere until necessity demanded it. The midshipmen formed their work excellently. It fell to the lot of Midshipman per- STICK KILLS WORKMAN. |Gets Caught in Flywheel and Strikes Him in Chest Pilercing Heart. New York, Sept. 1—Arthur T. Reno aged 48, of 774 East 185th street, Manhattan, was killed yesterday when ja stick he was handling got caught |in a fiywheel and as it described a ,circle, struck him in the left breast, piercing his heart. | Mr. Reno, who was married, had |been employed for 18 years in the ‘\Hlson & Adams company lumber mills at Mount Vernon. He was us- ing a stick to adjust a pulley attached to a flywheel when the stick slipped |ana lodged in the rapldly revolving fiywheel,