New Britain Herald Newspaper, November 2, 1923, Page 23

pper Industry Will Prosper, | SaysBabsonIn WeeklyReview (Quoted Locally Only by The Herald). Wellesley Hills, Nov, 2.—Copper se- curities at a new low for the year, reached during the last two weeks, have stirred the interest of the in- vestor. -Roger W, Babson's survey on the industry is particularly help- ful in this connection. In a report of his findings issued today, the stat- istician pictures the situation clearly. “The copper industry has for some time been rolling in the doldrums of low pri and depressed market con- | says Mr. Babson. “From st, 1921, throughout 1922 and into ‘the first quarter of this year, prices moved steadily upward. In March a temporary reaction set in| and during the past seven months the trend has been markedly down-| ward. Present quotations are on a| par with those of the early part §f| 29 Apparent domestic ce the low points of 1 tinued in an uninterrupted rise. About | 700,000,000 pounds were consumed by domestic manufacturers during 1.100.000,000 pounds during | ind an cstimate for the pres- | v year places the amount| 1,400,000,000, a figure| closely mating that of maxi- | mum war activity during 1918. “The export situation 1s tively good and improving. figures have risen steadily from 504,- 160,000 for the fiscal year ending June, 1921. to an amount that will | probably exceed 750,000,000 pounds for the present calendar year. This! tigure is in ex previous to 1912, and closely nates the years immediatcly preceding the war, “During the past seven months there has been no appreciable decline in manufacturing activity, Actual do- mestic consumption has had only a slight recession. ports have held well, The reason for the pres ent low market is found in the clean ing up of stoeks of ruw material | :»onsumption,} has con- | compara- port | basic held by manufacturers “The accumulation o inevitably intense f such wccompanies a period activity such as the mills ex- perienced last spring, for it then be- comes necessary to keep a larger sup- ply on hand to insure uninterrupted operation. With these ‘greasing-the. | machinery’ stocks mow reduced to ahout normal, fabricators must enter| the market to cover new orders for| copper and brass products., This | tocks We Recommend and Stock EVERS PENCILS and WAHL « In New Britain ADKINS PRIN ‘ward-—the Babsonchart shows | been geached, however, and the long changing hands from consumer, “The fact that general husiness is working sidewis¢ and slightly down- pres- ent activity 16 per cent below normal —may delay this recovery somewhat. “The position of the industry, Jjudged by itself, would suggest the purchase of copper stoc! The fact, however, that the long swing trend of the stock market and general busi- ness is still downward is a deterring factor. A single group of stocks can- | not well run counter to the funda- mental situation that governs the en- tire market. When the bottom has| producer swing upward is in order, copper stocks should be among the first to | benefit by the rise.” basic reason for the present low point is in itself a strong argument for heavier purchases and consequent higher prices. “All indications point to the fact| that the stage is being set for a long | awaited buying movement. Nearly | e y apprecdably upward turn in EW BRITAIN DAILY HERALD, FRIDAY, NOVEMBER MEXIGAN LAND S STILL UNEXPLORED (uintana Roo Is About to Yield Up Secrets to Intrepid Scientists Nov. 2.—Quin- | de| | Washington, D. C., tana Roo is neither the nom plume of an eccentric writer nor the technical name of a bug, but is the| everyday cognomen of one of Mexico’s two memaining territories which has remained largely unexplored since the, days of Cortez. “N®w the territory seems about to yield up more of its secrets,”” says a bulletin from the Washington, D. C headquarters of the National Geo- | graphic society, “for modern trans-| portation has appeared with the arri- val recently of an American caterpi Jar tractor which is pushing its way, into the dense forests to bring out| cabinet woods, Has Rolling Pampas. “Knowledge of Quintana Roo here- | tofore has been confined chiefly to strips of its coast along the Caribbean Sea and the Gulf of Mexico and the prices has been directly preceded by an abrupt drop in shipments from | the refineries to domestic mills. In | September domestic deliveries were only 93,000,000 pounds, the lowest since early in 1922 and over 30,000,- 000 pounds below the average point for the first eight months of this car; opper buying has always come in vaves. Psychology enters the market | ina pe stent tendency to follow the | crowd, and is often the deciding fac- | tor in the direction and extent of al price movement. Another indication ( of approaching strength is the length | and extent of the declining market, | nee the latter part of March there | has been no halt in the fall of copper prices. A study of market fluctua- tions for the past fifteén years shows that six months is the maximum limit of a continued price trend being will presumahly have ight in the market than the relative status of stocks, production, consumption, etc. | Postwar production has not yet heen | properly adjusted to peacetime con- | sumption. Until such an adjistment | is made, prices will be determined not | s0 much by the ratio of supply and demand, as by the rate of expressed | demand in the form of sales, that is the volume of refined copper actually IFor the time these factors more w Carry the Largest of HARP PENS TERS AND STATIONERS 68 CHURCH STREET | | world knows | tar ncrthwestern boundary where it touches the state of Yucatan. The little of the interior, es- peciaily in the southwest, except from | rumors and fugitive reports from gatherers of chicle, the gum which keeps America’s chewing gum indus- try and America's w§ going, Th"‘ interior is said to have great rolling pampas where stock-raising | would doubtless be profitable, while the southern section is covered With| dense forests of tropical trees and plants including logwood, mahogany | and vanilla. | “As in near-by Yucatan, the ter-| ritory was formerly the land of the| Mayas and contains numerous ruined cities evidencing the heights to which | their ecivilization attaned before the| arrival of Cortez. Neither Spain nor Mexico entirely conquered the rem ts of tha Mayas, and after on ) In rebelllons in 1910 the into the fa ses 0 Quintana Roo. Only a few are sup-| posed to he left, however, and the territory is the most sparsely set- tled region in Mexico. In its area, once and a half as great as that of Maryland, the inhabitants are esti- mated to number around 10,000 about one person to each two square miles. cludes Cortezs Landing Place. “Quintana Rtoo constitutes the cast- ernmost land of Mexico. It lies along the Caribbean coast of the peninsu- la of Yucatan the ‘thumb’ which | with the ‘finger’ of [lorida, almost | surrounds the Gulf of Mexico. “The east coast of uintana Roo is largely low and sandy, much of it cdged with manggove trees and| tacked by cocoanut'palms. At a few points are high biuffs. All along the | Indians retired tne | coast, a mile or so off shore, is a coral reef which makes navigation' difficult and dangerous. | “Off the northern coast of Quin- tana Roo lies the island of Cozumel | somoe thirty miles long by ten wide There Cortez first landed when he| safled from Cuba on his mission to conquer Mexico. Cozumel now, like parts of the mainland, is devoted to the growing of henequen, the fibre plant that brought prosperity to the | State of Yuecatan, Cabinet woods and chicle with henequen make up the bulk of Quintena Roo's products.” COLLEGE | DUKE IS URGING PLAN Gaelic must come back says the Duke of Atholl, who, like his sister, the Lady Helen Tod, is a tower o strength in matters Celtie in Scotland and is chairman of a committee which | is working on an ambitious scheme tor the development of Gaelic on the cultural side through the establish- ment of a Gaelic college in Tona Gaeldom is hopeful that the Duke Argyll, whose father was pract the founder of An Comunn alach, will also support the scheme WANT GAELIC MACKAY" & WALLIN “The Furniture and Drapery Shop” Next to Methodist Church Our Operating Expense Is Very Low 63 MAIN STREET That's why we sell quality merchandise for less —Come 3.-Piece Bed Room Suite, Large tra large chifferobe and full size Bow Bed, finished in dark walnut. Price complete at only sos A Beautiful 3-piece Tapestry Living Room Suite— spring cushions, Upholstered with Mar<ha the veby newest pattemns, simply sell it for Jess at A trifle larger sulte in genuine season’s finest at only ... . We Baby Cribs and Kiddie Koops. Here you will find all_sizes, and prices the very lowest, 11# large sise crib at our low price of . s l 49.00 ~u:i: hite Enamel ms Rust-Py Spring One of e $149.00 Mohair. The $275.00 Extra fine qualit | Our low price is Our display of See our spe- - $9.50 | the very lowest newest colors, 8-2x10-6 size priced at Fine tion to choose from. Prices start at Cretonnes nwew and Priced from Large selection of sttractive patterns, 39¢ . 89¢ uu HEADQUARTIRS 1OR WINDOW SH ADES uality Tapestry Brussell Rugs. FLOOR COVERINGS Extra heavy Fibre Rugs in all the 816.95 <ize <pecially priced Best quality Printed Linolenm. Square yand A fine selec- | 0} Square yard ool ality Inla | Square yard $34.00 BLANKETS Complcte assortment Cotton, full sige. 32.95 Pair Part wool—<Full size $6.50 .. .. $9.95 AN Wond—1ull s l 2.00 e < Lach Mattress, covered in art ticking We'se seen this same matiress advertised at 82 Lamp« inclide the shades and bascs. hoth tabl pick yours while the selection is complete, Extra heavy quality thing for your kitchen. Felt Base Printed Goods, and be convi Beds and Bedding—Simmons full Besl ool v Imperial 1ol dge $19.95 50, very mewest in and floor lamps. Come Prices Pelt Base The S22 priced at ugs. Just the $14.95 98¢ 59¢ wwnd N/ ] Comfortables $3.95 $4.50 $4.95 .. $12.00 i1 Linoleum ALL KINDS—ALL FRICES growth pine trees are be good and valuable use in connection | with the turpentine industry. tension of experiments already made, will govern- ment through the U. i Station nounced by R. D, F | the Southern Forest tion with leans. If successful these cxp will large supply of turpentine. jug? OW PUT TO VALL Ga.,, Nov. ! BLE Atlanta, the Co-op be undertaken by at Starke, headquarters at make available an Ought to Have, Anyway. Mistress—Who broke that Maid—The cat, mum. Mistress—What cat? Maid—Why, ain't we got London Daily News, Mechanjcally able to keep pace with busy minds Eversharp j& a worker, a business pencil — America's favorite, It keeps going day after day with no other at- tention than an occasional loading. Many people earry two—one with black lead, one with the new colored lead Eversharp is comfortable to hold. It never tires the hand because it is perfectly balanced. The lead never wobbles—the exclusive rifled tip grips it like a vise. You know vhen to put in & new “lead — the automatie index tells how much is left in the barrel. New leads are found under the cap. So is the handy eraser. Eversharp fea- tures can't be copied. The all-metal Wahl Pen is a writing innovation, a fountain pen improvement that makes it a worthy com- panion for Eversharp. The barrel holds more ink. Wahl Pen cannot crack or split. 1t is beautiful. It is durable, Wahl Pen will Jast a life- time. Wahl Pen and Eversharp are matched in gold and silver. Buy both. Eversharp, £1 to 810; Wahl Pen, $10. Solid goid at higher prices. Look for the name on each Pens in rub- bet are the finest rubber pens made, $2.50 uj n the U. 5. A. by Chicago Made THE WAL EVERSHARP matched by co USE | Second | put to An ex- tive one? | | WAHL PEN | IMPORTANT. A pencil s no better than its lead. Dom't use poor lead in your Ever sharp. Use Frerchurp de which sre vece fnest made. 000 are sold every 5t the pencll. Get them. Seven grades, very soft to very bard. Ask for the new diameter colored In the red top riments appreciably | china | 2, 1923 Those whe wamt what is correet in Style and dependable in Quality, bave found that this is the store that these requirements at Money-Saving Frices HOSIERY Women's Full Fashioned Hose—In black and 51,69, Women's Brown Creased Q\'IT.’ Oxiords. Goodyear o Stk colors COMFORT SHOES We carry the many needed Styles to fit the extra wide No. 557 Lutle Genu' Drews short wide foot, ete. ! Eik. Goodyear WelL Fine Valve. Ne. 86. Brown or Black Corset Shoes for Weak Ankles. Sizes 3 to 8— Men's_ Black o Brows Cali Trouser Crease Ox fords, Weht $3 28 No. 8031, Men's Patent, Heavy Work Shom. Big Vitoe RPNV 2 267 Main St. Shoe Pactories i T D L GENEROUS CREDIT 415 Main Street New Britain, Conn. WEAR THE BETTER CLOTHES PAY THE EASIER WAY CREDIT PAY AS YOU GET PAID FUR TRIMMED oats—*29: o $§7-L Every new fashion touch included in this remark- able variety. Every desirable all wool fabric. Superbly lined. Sizes 16 to 527,. FALL DRESSES $19.75 " $59 50 Individual fashions in newest Silks and Cloth Dresses. All sizes e ittt Liberal Credit to All MEN’S SUITS-0’COATS — $27.50 — £55.00 12.50 Save One-Thivd by buying your new Suit or Over- coat at the UNION. Here you are sure of getting the largest variety. New stripes, checks and fancy mix- tures. In both snappy and more conservative styles. BOYS SUITS--OVERCOATS $10.95 to $22.50 The good, wearable, durable kind—the Suits have 2 pair pants which double the life of the suit. $37.50. $47.50 5.00. TERMS OF PAYMENT TO SUIT YOUR CONVENIENCE A Little Down At Time of Purchase. Balance In Weekly Payments,