New Britain Herald Newspaper, May 26, 1924, Page 15

DEPT. OF JUSTICE DENIES ACCUSATION. Claims No Govt. Officials Took; Means' Papers Washington, May 26.—A study of department of justice detective meth- ods was embarked upon today by the senate Daugherty committee in an ef- fort to shed further light on Gaston B. Means' story of the disappearance | said, had been his friend in college, Cox said he had come to se { Means “about his trouble in ew York,” and that enter the house an automobile was pulling, away. Means told him, Cox said, that the senate committee had decided to hold him and that the car just leav- ing was 1g his papers into senate custody. Travis Hoke, a newspaperman, tes- tified that on the same evening he was in the Means' house from about 7 to :30 p. m. T learncd that Means' bail in New York had heen forfeited ! “1 wanted to work on h documents, He said the committec had impounded the record that very night.” Buckley Griiten, a New 'England as he NEW BRITAIN DAILY HERALD, M MAY GET BETTER P. 0. SERVICE HERE Men Behind Mr. Erwin o Im- An innovation New Bri but prove Situation in postal service in ain, started as an experiment, which, if successtul and practical | will be centinued as a permanent cus- tom, an city hour resulted this morning in almost carlier mail delivery in the today. newspaper writer, testified, that he | At a also called en Means between six and ning in the postoffice to make cight p. m. on the night of March 21. ‘rangements for thd postal Memorial = i — « June 1, Postmaster H, E. Erwin TAKING STRIKE VOTE to the man and suggested that it might be possible with a few slight changes in the present routine work- ing system and redoubled the part of them to ghve New Britain 1 mail delivery an hour earlier than meeting held Saturday eve- of his famous dia Means' papers, by which he had promised to verify some of his sen- sational testimony before the commit- | tee, were delivered by him, he says, to two men who came to his house en March 31, falsely representing themselves as acting for Chairman Brookhart. Last week Hiram C. Todd, assistant attorney general in cha of prosecutions against Means, testi- fied that the story could be disproved spoke Pittsburgh Displeased. and ners | Bufialo, Firemen Rochester and =i ociated Press. May 26.—The Buffulo, Piftshurgh Railway, sy The A Chicago, Rochester one of the ea n s Lellva zgestion met with popular i sddins AR roads which did fivor and the men unanimously voted 1‘(“]7::I_"lf‘,l'x|"]:a’|’t":r ,’:::’“:m, Raalar ‘LI‘:T not settle with the firemen and engin- 1o make the effort. The first {ryout Means' house between six and cight | Cers In recent negotiations tods v e1d this morning and the result p. m. on the night the ruse was :gid §, Ported to the United States labor was satisfactory. If it proves s < have been perpetrated {hoard & that 5 tho twe S pnEinC and conditions at the office permit, brotherhoods are taking a strike vote. 'this will he continued. Mr, Erwin ex. R. J. Burrus, the leader of five ) “shadows” the department of justice rediately ts to be able to report on the ex- s from the rail- periment within a few day: had watching Means, was the f ; L witness today. He said that in fo ) ¢ reported b '»v‘m]vl for it all belo to the lowing Means the detective squad the i ake such men the postmaster sid. “They spent the early part of that night out might ave taken the stand of cooperating side the house of Senator Wheeler, | 10 per cent to give the best postal the committee prosecutor. He said he rvice we know how, and we are go- saw no one enter Means' that ing to work together night, b I'red J. boro, agents, as 1 men's went into pe iway comj { matter for steps as it desire. TEAM WINS s, for every possi improvement we can think of.” e men voted to make June 1 team T to 0 in a Memorial day, when they will the brillance and @ potted plant and an American’s play, |90 the grave of each deceased. house The Uruguayan today defeated Paris, | alympic s the Jugoslavian mateh marked by speed of the South 1 attorney of Wad am testi i he entered Means' Louse at 7 p. m., on the night of March 31 to talk to Means, who he | Cox. place Lighting Cleveland, St. Louis, Milwaukee THL NORTH AMERICAN COM PANY, organized in New Jersey, in 1800, is one of the oldest, largest and most successful public utility holding companies, Keeping pace with the advancement of the electrical business, it now controls, through stock ownership, companies operating electric light and power plants serving Cleveland, St. Louis and Milwau- These plants combined constitute one of plants in the world, and their opera- North American’s consoli- kee and surrounding territory. the largest capacity group of power tions contribute more than threc-quarters of dated Net Operating Income. Subsidiaries also own and operate gas properties and strect-and interurban railways in Wisconsin, Mis- souri and Ilinois and extensive coal properties in Kentucky and Illinois. The North American Company has a substantial” investment in The De- troit Edison Company. tric The subsidiary utility companics ¢ an arca of over 11,000 square miles having a population in excess o [ 3,600,000, —selling on the New York Stock Exchange around $25 a share Present dividend rate is 107, per annum in stock (2% Jan. 1, Apr. 1, July 1, and Oct. 1.) A stockholder may either retain his stock div- idends, or sell them on the market, or apply for a present cash payment at the rate of 50c. per share quarterly. The latter plan is for the conven- ience of small stockholders, and redu ces issuance of fractional shares. At present prices, current dividend rate thus gives a dircct cash r of over 8¢ on the investm —if stock dividends are chosen the investment yields about 10% Fuller Richter Aldrich s @ 94 PEARL ST. HARTFORD, CONN. MEMBERS HARTFORD STOCK EACHANGE JESSE MooRE THi. 25201 B T. BRAINARD, Mgr, Sew Britain Office quarterly T SPAEEAR TEL, 20% ar- | efforts on | American flag | DAY, m] { Wall Street Briefs ” A decrease of $650,197 in gross | revenucs of the Southern Railway in | 7April compared with the same [ last vear was offset by a in net operating income of @ Directors of the Wabash are expected to consider action on the preferred their meeting tomorrow. movement of the stock {doubt of a 5 per cent annual predicted several weeks ago but ne |astonishment would be caused if the directors declared a dividend at the Railway dividend A shares at The recent has raised {rate of 4 per cent annually whieh the | shares present market value of the | would appear to have discounted, The earnings of the company have been running to figures which justify such a distribution, | Wall St. Briefs 5 The fact that TUnited \va\m \luM common will sell ex-dividend §1.7 lon Wednesday has been a clr»;n!\ll\': influence on the price of the shares. Traders who are long of the stock are holding it for the dividends speculators for the decline are in- disposed to sell it short pending the time the dividend will eome off, while Stockholders of the Reynalds Spring Co. will vote June 26 on a proposal to the ent mmon stock of the General Leather Co, of Newark, N. J., through an exchanga of 210,- 548 shares of Raynolds Spring com- mon, it is learned fn the financial dis- trict. Approval of an in s of 500,000 sharoa of authorized common stock also will be asked. involved in the proposed merger, it is said. acqnire o co April net operating incoms of the Minneapolis, St./ Paul & Sanit Ste. Marie railway was $238,799, a gain of $56,260 April, 1923, The Wis- consin Central had net fneome of $161,136 againet $221,704 and Pere | Marquette $25,507 compared with | 681,647, over | Net income of $887,367 reported by | the Amevican Rolling Mill Co. for the | quarter ended March 31 is equal after preferred dividenda to 84 cents a |t~l|n|‘A on the common stock, Gross income was $1,147,552 or which oper- a\mc profits totalled $1,028,431, A net operating deficit of $681,857 is reported by the Chicego, Milwau- kee & St. Paul railway for April against net incoma of $1,066,894 in | April 1923, Gross revenue of $11,. | 719 declined $2,404,645 in com- parison with the same month a year ago. A deficit of 338,649, after |eharges, also was reported by the St Louis Southwestern Railway against nur)n\u of $215,510 in Amll 1923 ‘QUESTIONS AUTO'S QUALITY Benson Says Machine Deteriorated Ra- pldly Soon After Reing Purchased and Secks Damages The suit of ¥. 1. Benzon of ain- | ville against the R. V, Knight Motors | Co. tor alleged breach of warranty in the sale of a motor car, will he tried | temorrow morning In superior court | and there is much local interest in the | outcome, Henzon alleges that he purchased |from the company a high priced car, |and that within a few weeks it gave out noxious odors, the doors rattled |and the car became practically use. | less from the many defects that, ac- | cording to his allegations, appeared in A short time, 1o claims the car was | not of the quality represented. Kirkham, Hungerford and Camp are counsel for Benzon and the |motor company is represented by Judge Hoyt of New Haven, Cooper, While You Wait Mre, Newlywed ind of steak, teher—And what else, please? Mrs. Newlywed-——And some gravy. Answers (London) The Latest! Please send me a cach aftire— faves both et Miiler of ng it here Remores Ink month | gain of | rate ! TAte {J R Montgomery IS N E MAY 26, 1924, WALL STREET STOCK EXCHANGE REPORTS 1:30 p. railroad shares demand for the m.—Sustained including priced issues was the predominant in- tiuence in the afternoon market. Buy- ing elsewhere was of a more varied character, steels, shippings, coppers, equipment and public utility shares moving up smartly, Woolworth (old) jumped 7 1-4, The rubber group un derwent another sinking spell, U, . Rubber first preferred, Goodrich pre- ferred and Kelly Springfield dipping sharply. low High Jlow Close Am Can 104% Am Cr & Am Am Sm & Am Sg Rf em Am Tel & Tel,. Am Tob Am Wool ... Ana Cop Tp & 8 Bald Loco Baltimore & O . b Beth Steel ..B . | Con Textile . Can Pacifie Cen Leath Co .. Ches &Ohio . Chi Mil &St P, Cinil R Isl & P Chile oC . 11\|na Lopp-r . Corn Pre Re Crucible Stesl ‘1‘ No cash is' Cubs Cane hugar 12 Krie . Erie 1st de e Gen FEleotric Gen oMtors .13 Foodrick BF . 20y Gt North pfd .. 58 Insp Copper 237 Int Mer Mar pfd 341 Pacifie Oil Int Nickel Int Paper Kelly Spring T'r Kennecott Cop. Lehigh Val Mid States Qil.. Mis Pac NYCen .......108 NYNH&H.. 19% Norf & West ,. .12 North Pae Nat Lead ... Pure O vk Pan Am P & Penn R R Pisrce Arrow Ray Con Cop .. ..v‘ 329 ane | Reading . Rep I & S .... ¢ Sinelair Oil Ref South Pacifle .. 91% South Rail 540 'i'mhlmlu-r Co 33% Texas Co Texas & la:mc 207 Tobacce Prod .. 87 Transcon Oil ., 4% Unein Pacific .. 133 U 8 Indus Aleo 66 U B Rubber Co 26% 17 8§ Steel 981, U 8 Steel pfd .. 1103 Utah Copper .. 6713 Willys Overland 81y Westinghouss LOCAL STOUR QUOTATIONS | (Putnam & Co.) Bid Asked Astna Life Tns, Co. V860 b6h Am Hardware 634 65 Am Hoslery . - 40 Bige-Hfd Cpt Co. com 1"4 106 Billings & Spencer com , - " Billings & Spencer pfd ., -« 13 Dristol Brass . 9 Coit's Arms . ja ] Conn It & Pow p'l 102 Yagle Loek ..... ] 95 Tafnir Bearing Co. 0 Hart & Cooley . 90 Hfd Elee Light ... 1580 Landers, ¥ ,..... 5 58 J. R, Montgomery com .. prd..108 N B Gas N B Machine .. N B Machine pfd Niles-Bemt-Pond com North & Judd . Peck Stowe & Wilcox Nussell Mfg Co . Scovill Mfg Co . Tel Standard Serew Htanley Works ... Stanley Works prd Torrington Co com ravt & Hine Travelers Ins Co Union Mfg Co Yale & Town TREASURY STATEMENT . n 1 $216,689357 asury balance, New York, Ma changss steady: Q Great Britain 4248 60 France dem 1 434 Aerr Montrea CITY COURT CALENDAR. Finl dates were f assigned as fol in eity this Afte il Benjamin et May 27 at plaintiff. Hungerford for John Elia va. 1. Wexler Mangan for defendant Hakaham Tarverdey, Zpm Casale for plain owitz and P. . McDonough defendant. George Margentino ha s Olcott, May 29 at 2 nd MeDonoueh for p tefendamt; Lionel vs. Harriet Hargr a. m., Sexton for § fines court rmoor ocrge affnes Aefendant for plaintift, Traceski for Yohn June § at o, Wi Jacoh s for defendsnt ondi vs y-vm.u.n, Junec 2 .30 m hrows Casa for piintil, Kiett for astendant. PUTNAM & CO. Members New York Stock Exchange Members Hartford Stock Exchange 31 West Main St. Tel. 2040 We Offer:— 100 Shares Bigelow-Hartford Carpet 3UDD & COMPANY Members New York Stock Exchange Members Hartford Stock Exchange HARTFORD-CONN. TRUST CO. BLDG., TEL. 2-6281; New Britain: Burritt Hotel Bldg,, Tel. 1815 Price Equivalents Fauivalent e of Value of Ris, £5.00 Faquivalent Stock Vawe of Rits, 8125 $4.18 124 ; 4.00 123 3.83 122 3.68 121 3.0 RIGHTS BOUGHT and SOLD Thomson, Tfenn & Co. Burritt Hotel Bldg., New Britain Tel. 2580 BERS NEW YORK AND HARTFORD STOUK EXCHANGES Donald R, Hart. Mgr, WE OFFER Landers Frary & Clark Price on Appllwhon We do not accept margin accounts 1. JOHN P. KEOGH Members Consolidated Stock Lschange of New York STOCKS BONDS Direct Private Wire to New York Mgr.—Itoom 509, N. B, Nat'l Bank I‘Illl.—TeI‘ 1013 Waterbury. Danbury Middletown Bridgeport New Haven G. F. GROKY, DDY BROTHERS & @ HARTFORD NEW BRITAIN Hartford Conn. Trust Bldg. Burritt Hotel Bldg. Tel,2:7186 Tel. 3420 We Offer— 50 shares Stanley Works Common | 25 shares Scovill Mfg. Co. / 25 shares Fafnir Bearing Co. The American Mortgage & Discount Corp. RESOURCES OVER $2,200,000 HOME OFFICE: WHEELING, WEST VIRGINIA, 25 West 4drd Street Pranklin Trust Building Union Bank Building New York Philadelphia, Pa. Pittsburgh, Pa. 107 Booth Block 588 Broad St New Britain, Conn Newark, N. 4, OFFERING FIRST MORTGAGE COLLATERAL TRUST 7% GOLD BONDS, 10 YEAR Dated July 2, 1923 Due July 2, 1933 \ DIRECT OBLIGATION [l t o on of The American Morigage & §$2,200,000, TIn addition, the deposit with The Citizens- irst Mortgages, 20 or more nding bonds ge bonds are s t s by ) of } he outst Mutual Trust Comp in excess of the face individual cause they are First Mortgages ry ecqually e different properties in various ratively small amounts on many risk which eannot be attained In t than ties furnish a distribution « DENOMINATIONS amd o New Diritein ZlHi %100 wt-as-you S1.000 The Hartfoid-Connecticut Trust Comgpany 0ld State House Square, Hartford, Conn. Safe Deposit Boxes, $5.00 and upwards. Foreign Exchange (o all parts of the world. LETTERS OF CREDIT — GENERAL BANKING Bank by mail. It is safe and saves time. W Mr. Welsh, son of the United States minise Britain under President enthusiastic advocate of £ as a universal medicine. ip i the ninth he has made oot between Philadeiphia and Lake " e Wl he expeets it to take & 1 Mr. Weish asd ent of the Indian rights associtie apee, N. H John Welsh t te Great hilad M s s, is ar Lake OFF ON 1LONG HIKE Year OMW walk o is founder