New Britain Herald Newspaper, September 15, 1924, Page 13

EAMPAIEN 1530 Says That? Gonsmtion Is the Big Problem Chicago, 9&". 16.~In a bitter at- tack on the indegendent force sup- porting Senator Robert M. La Fol- let for the presidency, Chairma® William M. Butler ;of the republican national -committ yesterday de- clared that the econstitution of the United States has become the great {ssue of the campalgn. “The soclalist-third party;* he as- serted in a prepared statement, is “pledged to the destruction of the constitutign—the destruction of the supreme court.” t “Thé socialist third party under the leadership of Senator Robert M. La Follette,” says the statement, “has thrust ufion us a doctrine which ealls for immediate action if we' woul eave the constitution. The struggle 1s not over methods of government, but the abolition of a government, “The soclallst third pledged to the destruction party of; the constitution—the destruction of the | supreme court, The God-given rights of every citizen of this coun- iry to life, liberty and the pursuit of happiness are guaranteed to us by the constitution. This is the document which Senator ‘La Fol- lette seeks to destroy for he pro- poses thdt power be given congress to annul, repeal, amend or modify | ‘the fundamental law, “I am not discovering, an issue; I am proclaiming one. It face all of us; it cannot be ignored. There is no middle course; no com- promise is possible. TEAGHERS POORLY TRAINED,HE SAYS Covesters’ Speaker Arreigns Educational Qualifications (*hicago, Sept. 15.—More than 1,- 14,000 school children in the Unit- 1 Btates are taught by teachers who ave had no more than eighth grade Jducations. Five million are taught iy untrained minor teachers and 0,000,000 youngsters spend their | iormative years under instructors, wvho have had no special prcpurm" tion, | Thlu was the statement of Frank i, Hand, supreme vice chief ranger of the Independent Order of Forest- urs, a fraternal society with 165,000 members in the United States and Canada, in or address here in which | tie outlined welfare work being con- ducted in the society's home for orphan children at Oakville, On- tario, “Of the 600,000 public school Hand, “a recent survey showed that Ancestor Worship 00,000 were less than 19 years old and 160,000 were between 19 and 21, Moreover, 40,000 bave had but an elghth grade education; 100,000 have attended high school for two years; only 300,000 have completed & four yedr high school course and but 1209000 have attended normal,| collgge or business sehool.” WALL STREET NOTES Surplus of the Delaware & Lacka- wanna rgliroad for the first half of 1924 reguted $6,818,112 equiv- alent to $4.03 a share against $4,006,856 or $2.81 a share in the same period of 1923, Gross reve ebues declined to $42,874,737 from $48,072,860 a year ago but net after taxes amounted to $6,910.062 compared with $4,000,641. Total income of $10,142,163 showed a gain of $2,154,206. Federal Mining & Smelting y Co. reports excess of receipts over' ex- penditures amouniing to $468,866 for the quarter ended July 81, be- fore deductions for construction, equipment and deferred develop- nfent. This compares with $622,066 in the quarter ended Aprl 30 and 462,082 n the same perod of last year. PRESIDENT Wi MAKE DECISIONS Sugar Tarill and Agrieultural Comimission Issues _ Washington, Sept, 16~President Coolidge expects this week to dis- pose of tow of the major government problems confronting him and, after writing the addeess he will deliver here next Sunday t the Holy Name society convention, to map out his plans for future participation in the campaign. Selection of the personnel of the agricultural commiesion and a deci- sion on the tariff commission report on the proposed reduction in the sugar duty will be announged soon, under pregent plans of the president. Action on these two matters will clear his desk of pressing govern- ment business. The president has delayed deci- sion on the many invitations he has recelved for speaking engagements fand he expected this week finally to determin upon his program for Oc- tober. Only one address has been placed on his calendar thus far for next month, to be delivered at the dedication of the first divisoon mon- ument here on October 4. His ad- visers are divided on the question of a visit to the middle west by the president and he has given no indi- cation as to his plans in this re- gard. For the first time in six weeks, President and Mrs, Coolidge enjoyed a week-end cruise aboard the presi- dential yacht, all of- yesterday on the lower Po- tomae river after boarding Saturday. Including aiso Secretary and Mrs. H@ghes and daughter and Chester Rowell of California, The presiden- tial party gave the townspeople of Crisfield, Md., a thrill when they Mayflower, spending | “ Knew Her When—" a MARY K. BROWNE ON THE TENNIS COURTS IN 1912 On the tennis courts today. Short skirts. Flying feet. An occasional gli rackets. Volcanic speed. Browne was winning the national title year after year. Bobbed hair. impse of epidermis. Whizzing It was a bit different when Mary K. (The same Mary K. Browne who recently surprised the nation by going to the finals in the natignal golf tournament on her first appearance in the event). Mary and the others were more chaste in the matter of dress, if less appealing to the stylish custom in those days. pictorial editors. It was the Gleaming white duck skirts that all but swept the turf, waists that screamed their colors to the blue skies, and hats that rested at perilous angles. But the grade of tennis Browne was just as much a do as little Helen Wills is foday. was about as high. Mary K. minant figure from 1912 to 1914 And speaking of Helen, we wonder if she'll be ablé to command the headlines in sport in 19267 THE BOND MARKE New York, Sept. 15.—Accumula- tion of low and medium-priced rail- road issues, coincident with a rise in rail shares, gave a firm tone to boud prices in today's tradieg. Sea- board Air Line adjustment 5s ad- vanced 2 points and the refunding 4s about a point in response to an announcement of an expansion of train service. Rock Island refund- ing 4s, also gained about a point in sympathy with a f went ashore there for a little while [road’s common shares based on re- techeérs. in this country,” said Mrfl' to attend servives at the Methodist | ports that the stock was being ac- Epigcopal church. The Chinese pray to their ancestors. But they do more than that. They allow themselves to be guided by family tradition in their every thought and action. The principal difficulty facing the introduction of modern improvements into China is the universal objection: quired by the Southern Pacific. “This is not as our fathers did.” Imagine saying that we did not want electricity be- cause our forefathers were satisfied with candles. Though we never went as far as the Chinese, our conservatism in the past often went to considerable lengths. Think of the telephone, of the motor car. much encouragement did they get at first? Advertising more than anything else has made of us a nation willing to judge something new on its merits, rather than on narrow, ancient traditions. Advertising today is as necessary as elect11c1ty, sanitation and rapid transit. It is more than the sys- tem by which we are kept informed of every new im- provement that is to our advantage. It is the catalog wherein, every day, all manner of articles are listed for us with thelr individual advantages. Read the advertisements. Be guided by them They will help you in making your selections. They will save you money. OVER 10,000 HERALD To buy the new is to progress—to learn of it first is to read advertising DISTRIBUTED DAILY THE HERALD HAS BY FAR THE LARGEST CIRCULA- TION OF ANY PAPER PUBLISHED IN NEW BRITAIN The Herald is the Only New Britain Newspaper With An Audited Circulation 2 points rise in the | Frisco, 8t. Paul, Chicago & Eastern | IMinois and Colorado & Southern |lines also tmproved. Mixed prige movements marked trading in other sections of the list, with National Acme 7%s climbing a point and Northern Ohio Traction & Light 6s 1% points, MASS. PUBLICIST DIES Geneva, Sept, 15.— Charles Zub- l1in, publicist, of Winchester, Mas: died suddenly last night at his villa at Corsler, near here, according to friends of his. His wife and daugh- ter Anne, were with him at the time. How Wall Street Briefs New York, Sept. 15.~August de- liveries of General Motors cars and trucks by dealers to ultimate con- sumers, totaled 64,149, compared with 65,832 in the same month a yur ago and 60,276 in July this In the eight month of 1924, “I,Dld cars and trucks were deliv. ered by dealers to ultimate users, compared with 528,026 in the same period of 1923, a decrease of 6.6 per cent, Sales by manufacturing divis- fons of General Motors thrdugh their dealerg in the same perlod to- taled 442,112 against 514,514 & year ago. Net earnings of the Mutual Oll company for the first halt of 1924 amounted to $3,076,097 after ex- penses, depreciation and depletion, but before federal taxes equal to 61 cents a share on the $56 par value stock. Total income after all ex- penses was $5,869,105 deductions in- cluded $2,666,706 for depletion and depreciation and $112,393 minority stockholders' proportion. Detroit Edison Co., reports an in- crease in surplus after charges for the eight months of 1924 to $3,787,- 678 compared with $3,043,280 in the corresponding period of 1923, United States Realty & Improve- ment Co. earned net income of $607,- 016 in the quarter ended July 81, equal to $2.88 a share on the com- mon stock against $720,751 or $3.58 a share In the same quarter last yea. The list of new bond offerings to- day was headed by $20,955,000 N, ¥. eCntral railroad 4% per cent equip- ment trust certificates, priced to yield 4.70 per cent for all maturities and lssued under the Philadelphia plan in denominations of $1,000 pay- able to bearer with the privilege of registration, he Guaranty Trust Co. of New York is trustee. tries of the world, more than $100,- 000,000 worth of typewriters having been gent out of the United States in the last decade, according to the National City bank of New York. Latest records for 1924 show that machines valued at $9,000,000 were sent to Europe, South America and Canada took $3,000,000; Asia and Oceania $1,500,000 and Africa near- Iy $1,000,000. Great Britain was the largest foreign purchaser. CLEARINGS AND BALANCES New York exchanges 449,000,000, balances 86,000,000, Boston ex- changes 66,000,000, balances 31,000,% 000, _— Beaths o Philin Brooks. Philip 1. Brooks, five-months-old |son of Mr. and Mrs. George Brooks of 87 Arch street, died Saturday aft= ernoon and was buried this after- | noon. Services were held at the home of the parents. Intcrment was in Fairview cemetery. Daniel Knopf Danlel Knopf, age 63 farmer of Westficld, died Saturda: |tal. He was a native of Germany |and had lived in this country the past 28 years, by two sisters, Schrager of city, and Angeles, Calif. The funeral will be held Tuesday afternoon at 2 o'clock from the home of Mrs, Schrager and from | St. Matthew's German lmhman church at 2:30 o'clock. Rev. T. Stecge will officiate. Burial \\111 be in Fairview cemetery. Mrs. Mathilda James O'Brien The funeral of James O'Brien of | Arch street who died Frid noon in St. Mary's hospital, ‘\(u(p bury, was held this morning at 10 | o'clock from the church of the Evangelist. A solemn high mass of requiem was sung with Rev. Thomas Laden, pastor, as celcbrant; Rev. Michael Keating of St. Joseph's church, as deacon, and Rev. | V. Grikis, pastor of Lithuanian churc Mrs. Mary T. Crean sang, accomp: ied on the organ by John J. Crean, and while the body was being borne from the church, she rendered Vacant Chair.” The pall vers were John O'Leary, William Hickey, Raymond | Tiernan, Thomas Cunningham, Wal- ter Campbell and James Lattersall; the flower bearers were John Killian, Willlam McCue, John Conlon and John Howard Interment was in St. Mary's ceme- tery. St. Andrew's sub-deacon. Mrs. Anna Seiple | The tune of Mrs. Anna Se 189 Curtis street was held this ternoon. Rev. Samuel Sutcliffe offi- clated at services at the home at 3 o'clock. Interment was in Fairview cemetery. e JOSEPH A. HAFFEY Funeral Director Mr, Paul Robinson, Assistant New Location—565 MAIN ST, Opposite S. Mary’s Church Tel—Parlor 1623 Residence—17 Summer St. Tel. 1625-3 EXPRESS YOUR SYNPATHY with FLOWERS from F. 0. BOLLERER'S POSY SHOP | 72 CHURCH ST. TEL. 886, writer §s heard in 100 different coun= | 0000 awin, Colorado Fuel ’ipe, Baldwin, g years, a | at the New Britain General hospi- | i tor | He is survived | 32 Buell street, this| Mrs. E. J. Porter of Los | The “click” of the American type- |® |2 | WALL ST. REPORTS New York, Sept, 16.~~Appearance of large buying orders in a number of speculative lesues at the opening of today's stock market brought about short covering and a recovery In prices. Btewart-Warner advanced 2 points, Union Tank Car 1% and Republic Steel a point. Gimbel Bros. advanced % to a new 1024 high price Buying of specialties became more varied in the subsequent dealings, with General Baking, Bayuk Cigar, International Business Machines, Central Leather preferred, U, 8, In- dustrial, Alcho! and Columbiz Gas rising 1 to 1% polnts. The latter reached a new top price of 44 In re- sponse to an offering of $15,000,000 preferred stock to present sharehol- ders. These exhibitions of strength contrasted with selling of American Can, Baldwin ad General Klectric. Nnited Rallways Investment prefer- red fell back 1- points on profit pay- ing inspired by last Saturday’s brisk advance, Foreign exchanges were easier at the opening. Noon—=8teady accumulation of Rocl Island common, which moved up two points, was based on reports that the Southern Pacific was ac- quiring large blocks of the stock in | connection with merger plans, Other | low priced rails with merger possi- bilities advanced in sympathy, St Louis Southwestern common and preferred, Seaboard Alr Line com- mon and preferred, I'risco, Great Northern and Chicago Great West- ern preferred were among the many issues to advance a point or niore, Attempts of bear traders to unsettle the general list by offering down some of the standard industrials met with little success. Good buying was |: noted in food, rubber, to- bacco, chemicals. Independent Steel and public util- ity issues although trading was on a restricted scale. Standard milling was pushed up four points to a new 1924 high. Call mone yrenewed at two per cent. 1:30 p, m.—Vigorous buying of pecial issues marked the early aft- U. 8. Cast Iron and Davison Chemical worked down- ward. General Baking moved up § points to 138, a new top, while Kelly Springfield 8 per cent prefer- red registered a similar rise and Union Tank Car improved 4%. High .61y 4115 127% 9% leather, ernoon trading. Low Close Allis Chal .. 60 Am Bt Sug . AmCan .. Am Loco Am Emelt T4Y% Am Sug .. . 4T% Am Tel & Tel.128% Am Wool % Anaconda . 88, Atchison . 105% AtGIf & W 1.. 16% Bald Loco .. 121 Baltimore & O 62 Beth Steel .... 44% Cen Leath . 13% Can Pacifi¢ .. 147% Ches & Ohio .. 85% CM&StP . 13% C Mil & St P pd 22% CR1&Pa.. 34% Chile Copper . 33% Col Fuel . 40 Corn Prod Ref 32% Crucible Steel . 55% Cuba Can Sug 15 Cosden Oil .. Dayv. Chem Srie ..... Erie 1st pfd Gen Elec . ven Motors . Gt North pfd. Inspir Cop Inter Nickel . Int Paper .... Kelly Sprng T'r Kennecott Cop. Lehigh Val .. Marine ptd Mis Pac pfd Nat Lead New Haven Norf & West . North Pac ... Pacific 0il 126% 8% 3% 41 128% 52% 87% 105 119% 61% 44 13% 147% 85% 13% 2% 335 33% 39 N31% 52% 15 26% 45% 2% 38% 545 14% 623 26% 17% 46% 53 39% 53% | Union Mfg Co jY.\h- St. John | “The | [+ {u | Bige-1 Pan Ameri | Penn Rail P & o & oW . l: c Are Tu.v U\ |Rep I & 8 | Ray Cop Readir Royal I . Sinclair Oil. .. South. Pacific South Rail. . Studebaker Edward | Texas Co Transcon Oil Union Pacitic United Fruit U § Indus Alco 6 S Rubber . 33% Steel . Westinghouse 6 Willys Overland LOCAL STOCK QUOTATIONS (Putnam & Co.) Bid Asked Actha C 610 i - Am Am Automobile Ins i Cpt C & & Spencer pfd Brass tna L. Ins. Co. ex div. 735 Mardware T Hosiery - com .106 Spencer com Bristol Colt's . Conn Lt & Pow pfd gle Lock T=. Arms B Hart Hfd Land Natonal Fire N B Gas N B Machine N B Machine pfd Niles-Bemt-Pond North & Judd Peck Stowe & Phoemx Fire ford com Wilcox fg Co phone. . elers Ins Co 918 . 66% & Towne 7% Y STATEMENT. $192,841,049 S. TREASUF sury balanee ! L 8. tre PUTNAM & Menibers New York Stock Exchange Members Hartford Stock Exchange 81 West Main St. Tel, 2040 We Offer:— 100 shares New Britain Machine Common 25 shares New Britain Machine Preferred JUDD & COMPANY Members New York Stock Exchange Members Hartford Stoek Exchange New Britain—Burritt Hotet Bidg., Tel. 1815 Hartford=Conn. Trust Co. #dg,, Tel. 2-6281 We Recommend and Offar: TORRINGTON CO. STOCK| Price on application, The Company's annual statement for the fiscal year ending Jume 30 has been issued. We have prepared @ comparative analysis cov- ering a period of years, ‘We invite inquiries. EDDY BROTHERS && HARTFORD NEW BRITAIN Hartford Conn.Trust Bldg. Burritt. Hotel Bldg. Tel.2-7186 Tel. 3420 We Offer— 100 shares North & Judd 50 shares American Hardware 100 shares Landers, Frary & Clark Thomson, Tenn & Co. Burritt Hotel Bldg., New Britain Tel. 2580 MEMBERS NEW YORE AND HARTFORD STOCE EXCHANGES Donald R. Hart, Mgr. My 1 We Offer: 3 LANDERS, FRARY & €CLARK Prices on application We do not i(tcpl Margin Accounts iy JOHN P. KEOGH Members Consolidated Stock Exchange of New York “l’)atelr)bury STOCKS Bridgeport ddletow BONDS New Haven Middletown Direct Private Wire to New York G. F. GROFF, Mgr.—Room 309, N. B. Nat'l Bank Bldg.~—Tel. 1012 Ambassador Has to Walk Soviet Russia's new ambassador to China, Lev Mikhailo- vitch Karakhan, was forced to leave his temporary “embassy” on foot and plod along, dress snit, stove-pipe hat, kid gloves |and all, in the dust and filth on his visit to the palace. The street was too narrow to permit his carriage to enter. A Chinese cameraman may be seen trotting along with him. | Foreign Exchange | New York, Sept —Foreign ex- changes easy: Quotations (in ce | Great Brit demand 445 1 cables 446 3-16; 60 day bills { banks 443 France de cabies 5.31%. Italy cables 437% cables 4.98 | many :demand (per trillion) | Holland: demand $8.32. Norway | demand 1 Swe demand 61, Denn 16.95 | Switzerland: demand 18.83. demand 13.24. Greece: demand 1.78. Pol demand 19%. Czecho- | Sioviakia: demand 3.00. Jugohlavia: | demana 1.36. Austria: demand [-00143. Rumanin: demand .54. Spain: PALACE Beginning Next 8 RU DOLPH de demand