New Britain Herald Newspaper, November 11, 1922, Page 11

Akl oy : ’ 5 > | ] \ Y 4 ” ! U ERL @ated 31,000,000 tons while producing |y ' o, tons, Th 1020 we produced 40,000,000 f STOCKS NOT STRONG, BABSON SAYS tons, last year 20,000,000 tons and this $ e » year probably 80,000,000 tons, but the main polnt 1s, if called upon, we could Wellesley Hills, Nov, 11,—8inge the| “Suddenly the ploture changed. The [ produce stoel at thig rate of 66,000,000 . recent «excitement of the steel mer- [ PInch of the diminishing coal supply [tons annuallys 1023 {8 houmd to he « s (3, ool ers this class bf stook { . | became more effective and the advent|yeur of keen competition, funda- | s 4 f R Bointed most meonre o dUAP-| G fhva rail striko brought additional | mental sonaitions iaicate that we are] 9IK(6AD ~ Translers Recorded-- A B g v TR ol Cloe ¥ d most people,‘in fuct those-who apprehension, The buyer bagan pur- [not entering a prolonged perfod of Am Can A ! 707 o conglder. the steel, Industry as a<bar- [ cRasing ahedd to protect 'deliveries, over-expansion andsany stimulation in Ei lwn Pormits to B“ild Am Or & fi(iy 181 o 181 | ometer of American business are de. |Orders were pyramided—a fact. that consumption will prove gradual and Am Cot Ol A 10% 19% i cidedly upset, Roger W.’Babson, who :: renll‘o‘l:u;llo)",r nr:l:’llllfl;-élml)nr::‘n‘n:p-;“lel::;h of 'n Ilmit'c'-d i cllmr;u-lln-xz( l’rud‘unl*:nk s A -Loof 1. 128% 128% ] : I 3 v mped from 65,776, ¥ |costs, particularly fuol, transportation q & | f0regad. the.falluce of the recent mer-|§5"5'550.000 tons in August, but ' in|and 1avor. are Mighdehoust and the| TIghteen permits to build were fs- A% H’:".‘,;:‘N',‘f ; feir ey er schemes in these columns explaing | September jumped to 6,691,000 tans, | next major, move, in conjunction with|sued and 16 warrantee deeds were|am el & Tel Tost 123 128 i /the actlon of these stocks rather ®at- (The wave of heavy buyitig, due {0 ar- |the law of action and reaction should passod during’the past week, records|Am Tob VKIB1IT 161% 161% istactorlly. i i Htclal.elemonts, 18 now passing: The|ho downward, . Qeggpiniy. this fa mot| 'y oy sl ®ete e b "Wt Rt D90k ToRm onnk | Stecl prices” he says, “havé re- |outiook Is again changing. The conl[the time to he bullfh on steel. Pro- s STHOR QFL Sty e bl o 107 48% 491, cently shown slgns of weakening, a|and rallroad strikes are events of the |{ecton over the winter months is the | Thompson and Building Inspector Ate T ?Q ST 1021 101% wn’: gtnerally expected tendency, A sur-|past and as arfificlal tendencies are|prime buylng incentive, John €. Glichreest fndicate, P 1044 A b v y AL Guif & W I, 24% 24% 24% :Ify -hows: that surface conditions in- |ironed out and eliminated, there is a “It is questionable whether the stecl Building Permits, ! Baldwin Loco '120 126 126% 'me, "'Q"‘W" l}ut the underlying | strong possibllity of a_weakening in|industry fs fully readjusted. It did Harold Andepson, frame garage, at| Balti & Ohlo . 49% . A8% 48% ::'Illn:t:ntxx"c;] :um);o‘mtoatt:)mvorl;{m. the prieg n‘;:‘umnro. This does not| ot conform fully with the contrao. B0LEverelt Ktbest "*Cost $460, Beth Steel B ... 69% 68% 68% rent. story, , You |mean immediately for the question of | tion of. the economic cyefe in 1920 and [ R Wi f \ 7 1 N will remember that six months ago dellvery over the winter months™ls| 195 arian Cleslowski, McClintock | Can Pacific. . 143% 1433 143% K 21 and this is one of the reasons d icken coop. Cosf 0 b 3b meu trend of production of steel as | very, important. Steel billets today |why T am not partial 1o steel stocks. A SR Sl o0 ",,.,,':a,;c 179 fi:’;.L;“%’ETo"' e :gl/v: 12& :;'r ".u other commodities, was dis-|pule 38 per cent, over the low point|phe underlying structure of steel Greenwood atree‘l‘ Cost, $260, 3 é|,| Ml & 8 p' 28 27 27 c:\f,ridu}:‘::,r?i,, if,f,‘,,;‘,uplugto,h"f re-fof this year and 65 In,-lr wnt.]o‘w-r the [ytocks is not over-strong although of August Bengston B,!ph'alu siding, at|Chi Rek Is & P. 88% 86% 36% ¢ 1021 glump | pre-war average. This level is high |gourse individual stocks may show ir 29 Kensltiston avenuc, Cost, $25. n ! amm 26 27 R H ;féfluiga"“?&?flgh'fl‘i o Tom | Shuan tor atotl ot coinoeny a0t | dependent, stiength In sympathy WIEn |t Ryt Samurah, Wadt. ain Chiho_Coppet. 3634 247 '24% J 'a peria boom in, steel of commodity prices|the action of the stock market.” ir6et, respoof. Cost $500 o 3 ok i e 183 134 b g’?;‘tth“tl;ie‘;ntc’;:uglr:::x;n};g'm.l: kI lhotpilg ¢t General businéss as reflected in the | '\ sziorozki, flip.h:l:nmgu A byl D0 £, 1263 llfig e WAS| “We should not forget that there|index figure of the Babsonchart sl on n street. Cost, $400, ¢ it R N ::élzlnclty,l Unfilled tonnpge was in- (are several fmportant phases to con-holding its own. Activity is 5 per yjofi(-p]\ Parilski, re-roof, at 40 fflfl:"’éfinflfifl’n; 12?’; ;Z‘A ;2% DOriAtion condliions were ot cons: acing.chpatly ot his Loy, o i O Pe1OW MOIBEIUNE sume. us last| e sireet. Cow, $150. Brie ol I35 1% 130 o 8ld- | ducing capacity of this country as it |week. X o o - ok ered critical. Prices of steel billets|stands $oday is much greater than our ey Ui ‘r;::,' (::lcg?ea.c;enro:srfiigcmnda o 'Eflp """ fa . 1:% .1_2% EV‘ ‘::tv:m:%l e e anuling 20 per ceut. |ability to_conaume and EARdRt dn N Iulmrles'.h')hnnon' chicken coop’ at r‘:l: :‘Tt»c?rlc ; 1'117% o, AT r the pre-war average, 1913, the actual output of steel aggre- Clty ltems 18 Buell streot. Cost, $25. Gsit n‘/l‘olorn ez 4% 1% ey Harry Alex, brick store, garage and|Goodrick BF ... 32% * 82% 32% by layer Planos, M g, | hall at 96 Arch street. Cost $35,000.|Gt North ptd 901% 88 88 3 ST Tl . Tiomay J. McGuiness, re-root at 49 Inep Copper ... 35% 3% 3% A fanford Dart oke | Grand street. Cost, . nter Con ... . ' Sl e SP ECIALS X msg:;m;'r':x: }afig Bee Hive store at| L Panknokis, 91-93 Linwood street, | 1nt Mer Mar pfd 53% 62 52% LN 2 acific .. K . 7 T hea and e Toundthat the smokg| ~John Domonic, frame tool house, |yt Niokel . 1.: 145 4% 14% notified, m;(b‘(‘lh furrm‘c Ledgecrest,avenue, *Cost, $60. ot Papér .. ... 56 56% 66% OUR HOUSE [Wisiass mi i S Bl o i 4 f ’ . Healq:xurdcra l:ir'l app 0! terations. Cost, $30C. Kennecott Cap.. 33% 32% 32% e Bosss-Lal T ty was heia| H: S. Walters, frame addition, Lex-|Tacka Steel - ... 80% 80% ° 80% i A m'mk;t c birt] (z\]y] plnr yr\:‘as) he! n‘ ington strect. Cost, $500. Lehigh Val . 6414 6434 o e L § ) , $5,000. 3 Before “Cold Weather” Sets in sixth birthday. Patriotic songs were | PUIIdITE ;J‘fa.,"";f‘.i‘,mifé’,{:’ " Matn SHRbT f{,& ’,!;% A 5 sung and fancy dances were tendered etreet store; éost $15. N Y Cen 95%. 957% . e . . i by the youngsters, Norberth Bnrth Commonwealth | 1 We have listed with this office:—, Mardl Gras Legion Fair tonight—| i venue, garage. . Cost, $180. | oy o et 11! e 3-TENEMENT; Chestnut - street, R Tt T Releases of Mortgages, ~— jINorth Pac ... 823 8234 3 \ o s . e Anson O. Sanford to Augusta and Pure Ofl ...... 29% 29% 29 good home and good investment, rod's 1c sale. 223 Park street—adut, | | (RSN O Sarford to Augu e A &7 81% ) iy o AT Commercial Trust company to Rose L 4TY% 4T% 4T% H - . 4Pairy Sunday Spectal, Land, North Wellington street. 3 L. 118 118 118 2-TENEMENT BRICK’ also b.r-lck This week is, Chocolate Ice Cream,| Abbie J. Meisner to Clifton M.|Pittsburgh Coal 58% = 68% b581% garage, holds two cars. - Lemon and Lime Sherbet, and Tutti- | Cooley, 'Harrison street. Ray Con Cop .. 13% 13% 13% X e Fruith Iee 'Cream. At New Haven F‘n;rTng;:n Sl}(\l'lng;s! bilfnkdto N{lmry Reading . ..... 80% 79 79 winl Dairy 'dealers .only.—advt. and John Reynolds, Hartford road. Rep I & 8 .... 48% 47 4T% 5 COTTAGES, 5 rooms each all —— e [ Elld R, Faist to John and Chris-| Royal D, N.Y . 63 52% 58 modern. TR ; tina Drummond, Locust street. Sinclair Ol Ref 33% 321 323 " s 1 B k fN Br't H Carrie Dehm to Albert Reeord, 24| South Pacific .. 9115 913 91% |} i e avmgs a“ n Ew " al“ Lake Th;}ulevard. South Rail L2424 24 Q. B - New Britain Lumber & Coal com-| gtydebaker Co 1243 121% 122 3-TENEMEN Buell Street.: | Organized 1862 pany to Albert and Hilma Josephson, | Texas Co ...... " 4 Owner to move to New York. RESOURCES OVER Roberts street. Tobacco Prod. . T. W. 0’Connor & Son Opgn"lfhis Evening 7:30 t0 9 o'Clock, Booth’s Block D e 3-Family House in West End; 6 rooms on a floor, steam heat, hardwood floors, every- thing in fine condition. Price right. House in West End that can be e A 2-Family bought right. L 'WATSON & JONES 294 MAIN ST. “TEL. 2450 here at the “Trust Co.” and th isn’t the right way. 9 a. m. to:12 .’ Monday Evenings $13,000,000 i 178 Main Street © . Deposits.in this bank are receiving i : 41/2%..'Inté'rest. Interest. begihs! the first of each month. Open 9a. m. to 4 p. m. Saturdays 7:30 to 9 Every day there are many people who come to the conclusion that, in paying bills and meeting obligations which con- front us all, it is far safer and much more convenient to “pay by check.” Just a suggestion—open up a checking account enseeif it New Britain Cooperative .Savlngl Transcon Oil .. 14% 13% and Loan assoclation to Christina and | Union Pacific - . 144% 143 John Drummond, Loeust street. United Re S8t .. 1781 4 Willlam Ritter to Ralph and Grech-| U § Indus Alco 64 62 en Spencer, East Linton and Chap-|1r § Rubber Co 518 508 man streets. U § Steel 107% 106% Gertrude Richmond Woodward to|(r 8 Steel P! . 1208, 120% Tawrence and Sophie Podlasek, | Utah Copper .. 6214 611 ¥armington and Richmond avenue. . | Mid tSates Ol 123 11% Cordelia’ C. Kilbourne to Degan C.!National Lead 111% 111% Linn, Overlook tract. Realty Deals. jlyman N. and Soll Dubowry to Samuel 8. Sweig, 235 @linton street. Hyman N. and Sed Dubowy to|Aetna Life:Ins Co Samuel 8. Sweig, 245 Clinton street. [Am Hardware Hjlma and Albert Josephson to[Am Hosiery B Minnie and Abraham Chatiner,, Rob-)Bige-Hfd-Cpt Co com .. erts street, 4. |Blllings and Spencer com Hilma and Albert Josepjson to Min- | Blllings and Spencer pfd (Putnam & Co.) 4 Bid -208 119 nie and Abraham Chatiner, 68-70|Bristol Brass & . 17 Roberts street. Colt's Arms ... ves 24 Alfredo Branchini “ to the John|[Conn Lt & Pow pfd ..,.113 Kunz company, Wilcox street, Eagle Lock (1] Andrew Segerman and George Ber-|Fafnir Bearing b5 son to Michael Hadvab, Beatty street.|Hart and Cooley . 110 John A. Kallberg to John and So-|/Hfd Elec Light . phia Buslowich,\Grove street. Landers F Bodwell 'Realty company to Otta-iy R Montgomery com . vie Frigo, Sterling street. J R Montgomery pfd .. George C. Rogers to Julla and|N B Gas ... George Granlich, Uncas road. N B Machine ... New Britain Machine company to|n B Machine pfd . Stanley Works, Eim street. Niles-Bé-Pond com - Clarence Griswold and Tlez, and North and Judd A Frank Griswold to Harriet Day Park- Peck, Stow and Wilcox 83 er, Adams street.s @ Domenico Bradanini to John Gors- ki, Smith street. Benjamin I. Baxter to Hyman Kap- lan. Minnie Zwick Scovill Mfg Co Southern N E Tel . Standard Screw . Stanley Works to Bodwell Realty fd . 28% ompany, Shuttle Meadow avenu Stanley Works p ;‘irr::-,‘;hn }nlrn»t. o/ Torrington Co, com 42% North' & Judd Manufacturing com-|Traut and Hine .. eé; pany to Sam Schneider, West street,|Travelers Ins Co . Samuel Schneider to David Jack-|Union Mfg Co ..... v 48 son and Morris West street. Shimansky, U, 8. Treasury—Balance, Btop—Ilook and think about Her- ald classifieds and you will be the gainer. Drive home a fact and use nail a Herald classified ad. Savings Bank Russell Mfg Co .. s Asked 650 212 75 121 25 26 20 26 115 $304,652,471, for a Tonight at the Burritt You can secure one of the New Leather Bound Book Bamks if you open up an account with One Dollar. are just what the children like and they WILL save with them, too. Open Tonight—7 to 9 urritt Savings Bank Cor. ‘Cllutch and Main s : PUTNAM & COJ| +* Members New York Stock Exchange Members Hartford Stock Exchange (Succossors to Richiter & Co.) Stanley I'. Eddy, Manager 81 West Main 8¢, Tel. 3040 WE OFFER— 100 SHARES North & Judd MEMBERS HARTFORD STOOK EXCHANGE HARTFORD: Hartford-Conn, Trust Bldg., Tel. 3-6339 NEW BRITAIN: 23 West Main St.. Telephone 1815, We Offer:— 50 Shares AMERICAN HARDWARE 50 Shares STANLEY WORKS, Common 100 Shares STANLEY WORKS, preferred RS Thomson, Tenn & Co. NEW, BRITAIN Hartford New Britaln Natloual Bank Bldg. 10 Central Row | Telephone 3580 Telephone 2-4141 Members Members Hartford Stock Exchange New York Btock Exchange . s Donald R. Hart, Mgr. . We Have An Active Market In 5y AMERICAN HARDWARE " LANDERS, FRARY & CLARK STANLEY WORKS We do not accept margin accounts JOHN P. KEOGH Member Consolidated Stock Exchange of New York Waterbury STOCKS B:ldflnfl Danb New Haven Middletown BONDS Springfield Direct Private Wire to New York and Boston | G. ¥. GROFF, Mgr.—Room 509, N. B, Nat'l Bank Bldg.—Tel 1018 THE BENEFICIAL WAY LOANS for you, Winter and the approaching holidays bring financial problems to those of us who have no bank accounts or securities. There is fuel to buy, the children need warm clothing, family and friends should be remembered with gifts, Meet these obligations the Bneflicial Way—Consolidate your debts and pay them off in six to fifteen monthly installments, Confidential loans up to $300.00 at legal The Beneficial Loan Society Rooms 104-5, Phonél—p—qi—3, 87 West Main S¢reet—New Britain, Conn, The Hartford-Connecticut Trust Company Corner Main and Pearl Streets, Hartford, Conn. Capital $2,000,000.00. Surplus Funds $2,000,000.00 Safe Deposit Boxes, $5.00 and upwards. Settloment of Estates. ; Foreign Exchange to all parts of the world, LETTERS OF CREDIT — GENERAL BANKING Bank by mail. It is safe and saves time. These Banks