New Britain Herald Newspaper, June 13, 1925, Page 13

HARRIMAN FOLLOYS INFATHER' STEPS I5 Expécted fo Reach Heights Scaled by Noted R. R, Man New York, June 13 (®-—~The ob- taining of a Mangapese concession from Soviet Russia by W. Averell Harriman has intensified the opinion of Wall Street that thle shy, serious, handsome young man has accom- plished the difficult feat of measur- ing up to the business clothes of his tamous father, B. H. Harriman, the rvallroad glant, Since being graduated from Yale 12 years ago, Averell Harriman has made a reputation of his own other fields than rallroading, He jumped into shipbullding during the war and after hostilitles went into | the operation of vesscls on a large scale, Wall street took notice when his United American lines took over routes which the Hamburg-Ameri- can line had operated before the war, Now at the age of 33 he Is chalr- man of the board of five ship cor- | porations and of the banking firm of W, A, Harriman and He s also director of express, bank- ing, fruit, aeronautical and other corporations. He has become a leading figure on the turf, having purchased the late August Belmont's horses, He is planning a merger of radio corporations, The Manganese concessions in- volve the right to mine this metal, essential as a hardening agent the production of eteel, in Yhe Re- public of Georgla, where there Is the largest known deposit in the world. lLagt year this company im- ported $10,000,000 worth of man- ganese ore, Harriman started business experi- ence by managing the Yale crew and after graduation helped direct the coaching of it. He is married and has two children, CANTON FALLS 10 INVADING FORCES (Continued from First Page) Vighting Continues London, June Reuter's dispatch from Canton says 3,000 Cantonese troops crossed the viver Thursday nght from Honam lgland, in the Pearl river and land- ed at Tungpo. three miles east of “Tungshan, Tungshag before daylight vesterday and later the Canfonese advanced into the city. At the tume the dis pateh was filed fightihg was going on near Kwantung university, mid- way between Tungshan and Sha- meen, the Brtish settlement. The strategic points at Shumeen werd® protected by sandbag barri cades as a precautiony but no trou- hle there was expecttd. Missionarics Worricd New York, June 13 (®—Concern over the spread of the any-foreign demonstrations in China is indicated in an announcement that the Tipis- copal missionaries in the middle Yanglze region are being withdrawn from outlying posts to the guarded cities. A cahle message from Bishop Gil- man at Hankow conveying this in- formation describes the situation a; “'serious.” Thousands of refugees are pour- ing through the foreign points of safety, and the sirike of Chinese seamen is reported®to be spreading. Fighting continues at Canton be tween the Kwantung and Yunnanese | forces, opposing factions of In company. | large | in | 18 (P—A delayed | ighting began east of | the | southern army left leaderless by the recént death of Sun Yut Sen, Hankow is agalp quiet, u’ least on the surfuce, cable reports say, fol. lowing the rloting of Thursday night when a mob Invaded the British concessionand stormed the armory, only to be repulsed by streams of water and machine gun fire. U. 8, Boats Due The Chinese military governor has statloned 5,000 soldlers around the concession and threatens execution for any Chinese disturbing the for. eigners, The American torpedo boat destroyers Stewart and Paul Jones are due there today. The anti-foreign movement, which nany authoritivs el=!im Je tinped | with bolshevik charucteristics, has |been growing among the Chinese students for two years or more in protest against the teaching of Christinnity in the mission schools. The present phase began with the sirike of Chinese workers In the Japancse-owned cotton mills at | Shanghal, the student agitators |'selzing upon the action of the Pritislr In firlng upou a threatening mob of strikers to launch a violent natfonulistic movement, | Fitteen thousand mill workers again walked out at Shanghal last night, the resumption- of the strike { being "attributed directly to the news that several Chinese had been | killed In the rioting at Hankow. | Scouts Blamed Letters from missionaries support the cabled reports of soviet influ- |ence back of the anti-foreign trouble, and the eccretary of the American Foreign Baptist soclety is of ‘the opinion that in some respects the movement 1s more menacing than the Boxer rising of 1900, be- ing dircted with greater intel- | ligence. Officials in Washington, while not minimizing the seriousness of the situation, belleve the very fact that the movement has intelligent direction indicates it will not' as- sume the formidable nature’ of the | Boxer rebellion, as those in charge must realize that military interven- tion in force is certain to follow | any concerted attack on the foreign residents, Nevertheless, the American gov- (ernment is keeping careful watch, |and in the last few days has com- i piled data as to the number of war (craft and men of all the powers available in Chinese waters In case of an emergency. The American military garrisons in the Philippines would be available in such a crisis, as well as the Asiatic fleet, it is poinfed out, but no inkling has bheen given of any de- cision to augment the ~American naval forces in China on the basis of the situation as it stands. 'Young Coolidge Attends i Dance With Miss Trumbull { Hartford, Juno 13 (A—John Cool- { idge, son of the president of the United States, .and Miss Florence Trumbull, daughter of Governor Trumbull of Connecticut, attended the dance of the Phi chapter of the | Omega Gamma Delta frfternity at !the Hartford club last night. They arrived at the elub shortly after midnight and etayed until 2:30 a. m., when they drove back to Plainville, | where Mr. Coolidge has been staying | | for the past few da the guest of ;(lmarnnr and Mrs, umbull, He drove tb New Haven yesterday with Miss Trumbull, her father and Major Talbot O. Freeman, and while the governor transacted some busincas, over some of the Yale buildin John Coolidge will return to Amherst this afternoon to attend the com- mencenient exercises. PROTECTION ORDER. | Shanghai, June 13 (P—It is un- officially reported the Peking gov- crnment has decided to issuc on Monday a mandate instructing Chi- | nese provineial authorities to protect foreigners during the present dis- furbances throughout the country. that Vacation to put your Bonds Jewelry Notes and Valuables with all your New Britai Just efore you go away for have a safe and secure place Insurance Papers Stock Certificates Record Papers A Safe Deposit Box in our Strong, Fire-Proof and Burg- lar-Proof Vault will da away away from home. ©$3.00 A Year Open Saturday Nights — you should Coolidge and Miss Trumbull looked | 250 Feet of Bang Two hundred and fifty pounds of INT going into action off Sandy Hook, N. Y., during coast defense mine practice near Fort Hancock. This mine was exploded by gunners ashore as the target was towed over it, raising a spout Hong Kong, June 13 (A—The Chi- » seamen’s union Lere contem- | plates a strike to begin Monday as a protest against the activities of | foreigners in China. It will affect steamers used by the Indo-China and China navigation companie Deci- on to call a §'|vvr‘al strike on June 20 has been reached, but the | | eall was dependent on the abllity of | communists in Canton to furnish the money for strike aid. ASHER VI I\\ TLL Haven, June 13 | New | (—No | Asher, with county | was noted morning. scemed attorney, apoplexy at bar dinner who was stricken the New Haven Thursday nlzm by his physi Last night Mr. h slightly improved during the day but his condition re- | mained very serious. to o change in the condition of Harry W. | v..nr‘ CLOSING OF MISSION Father Grohol Expresses Gratifica- tion at Its Success—Picture of So- cities to Be Taken Tomorrow, The week's mission at the Church of All Saints, Rev, Stephen Grohol pastor, will be brought to a close Sunday afternoon at 8 o'clock. The misslon has been conducted by Rev. Eugene Kozar, a Passlonist father, and the pastor today expressed great pleasure at its suceess. Father Kozar will sail for Kurope next Tuesday, At | the close of the mission tomorrow, a plcture of all the socleties of the parish will be taken in front of the church, The first mass = tomorrow St. Anthony's soclety, living and dead. The second will be the mass of Corpus Christi and will be celebrat- ed by Father Kozar, A soclety of the Children of Mary will be organized at the church this evenlng at 8 o'clock, MAY BORROW MONEY Lisbon, Portugal, June 13 (P The senate has approved a bill per- mitting navigation companies to ac- cept forelgn capltal to the extent of 49 per cent, Deaths James J. Harford. Britaln, dled at his home in Norwalk yesterday afternoon at 2:30. The funeral will take place In 8t. Mary's church Monday morning at 9 o'clock, after which the body wiil be arriving here about 1 o'clock. Burl will be in 8t. Mary's cemetery. Mr. Harford is a brother of D. V ford, secretary of the State “iremen. Funerals e L Mrs, Walter Consic The funeral of Mrs. Walter Consic was held this morning at 7:45 o'clock in Sacred Heart church, Fr. Notowski being ceicbrant at a sol emn high mass of requiem. The bearer were Ronan Janik, Coun- cilman ¥rank Zapatka, Stanley Don- urat, John Gierochowski, Joseph Mysliwiee and John Kowadeik. The flower hearers included: Sophie and Charlotte Synolon, and Mae Dziczik, Stella Waligora nd Anna Dresslo, Burial was fin| cred Heart cemetery. FRANKE. GOODWIN - Eyesight Specialist 327 MAIN ST. TEL. Antoinette, Stella 1905 Joseph A. Haffey morning will be for the members of | James J. Harford, formerly of Nexw | brought to New Britain for burial, | 1 Har- NEW BRITAIN DAILY HERALD, SATURDAY, JUNE 13, 1925, Wall Street Briefs The growth of the U, 8. Steel poration is reflected in the book ue of the common stock which |was 8274 a share at the close of 4 compared with $121 at the time |of organization, an increase of $163 a share, nearly $40 a share above the present market price. The high ‘prjce of steel common in 1914 was $67.60 a share compared with $114 |today. This compares with an ap- |preciation of $131 in book value. Since organization, $1,210,000,000 | has been spent for a new construc- tlon and acquisitions and $400,000,- 000 has been added to working capi- tal, the total being about $230,000,- |000 in excess of capitalization, both |stocks and bonds, The Standard Oil Co. of New Jer- sey has completed a well in the Ca- calilao heavy oil district in Mexico | ‘“'Hh initial production of 20,000 bar- rels at a depth of 2,005 feet. Rallroad equipment orders this week included 24 engines for ship nent to Brazil, rallway age reposts. The New York, New Haven and Hartford will build 10 locomotives | in its own shops, the Illinois Car & Manufacturing Co. has received an |order for 50 poultry cars and the | Boston & Albany has booked 20 sub- urban coaches with the Osgood |Bradley Car Co. The Cuba Cane [Sugar corporation is inquring for §0 cane cars, Ofl companies with large ‘nven- tories have been brought Yo the fore {in the stock market by The rising | trend In erude and refined ofls, The | Standard Oil company of New Jer- | sey 18 estimated to have $62,000,- 000; Humble Oil $45,000,000; Pralrie Ol $66,000,000; Gulf Ol $51,000,000: 8tandard Ofl of Tndiana $46,000,000 and Binclair $23,500,000, Tt is cal- ‘(‘!Hu'ml that Standard of New Jer- sey with its large inventory and con- frolling an ontput of 200,000 bar- [rels daily will earn about $125,000, 000 net this year. Officials of the Hart-Parr C& re- port that in the first five months of 1925, the company had shipped { more tractors to farmers than in {any entire year since 1920, 2 Business Outlook for | Rest of Year Is Good ton, June 13 (P—An op- ure of business , pros- the remaining months of | this ycar was before the closing ses- | sion’ of the Natlonal Association nv} | Credit Men here today in a report by its education and research cnxn-‘ | mittee | Of the a8s0- who contributed to. the re- ing 17 trade groups, | % per cent estimated that business | | conditions would be at least as fa- | vorable as they are now, while 4 | per cent forccast poorer conditions. | The report listed sales during | May 25 as 58 per cent hetger than {In April, and 61 per cent befter than |in May, 1924, Collections for May were reported Improved over April 7 per'vent, and over dMay of last | [enriisiaeiverlcants | A tor, Douhlmg for Star, | 300 members of the el lem represent ‘ hone 16852, | Killed in Movie Scene | L opposite St. Mary’s Chure! Marshfield, Ore., June 13 (A—R. | Residence, 17 Summer St. —lfllu 3 D. Jones, a Hollywood actor, doub- | S| |i1ig for a star {n the Famous Play- | ers-Lasky company filming a motion QUALITY picture here, was drowned in the | ‘ Bridal Bouquets at Reasonable peE R S Prices. : a | Wedding Decorations. shooting rapids in a canoe for a| picture, The canoe overturned and F. 0. Bollerer’s Posy Shop e avavmear w ccounts recelved here said that | | 72 Church St. Tel. 836181 Jones was inexperienced in hand- | | “Ihe Telegraph Fiorist of New Britain” | ling a cance and was warned by a | : log driver not to attempt to run| ‘[w‘ rapids. | | CHEAP MATL SERVICT 108 Aires, June 13 (®)—Tt will be ¢ per to mail let from Beu- | nos Aires to the United States than | from the city to the suburt if an4 increase in the internal postal tarift, recommended hy the Argentine post 16 measure ch requires con sional action, implies an increase of all kinds [} worries while n Trust Co. at answer thoughts do not account which is worry? Start yours Where will yoy be 65? Where will you be at 65? Ask vourself this question. the question.and see if your In other words, have you a savings building that at this age y Try to go to savings — for you, so ou will not need to s here at this bank. of from five to cight centavos on ordinary lelters far delivery within gentina Other mail matter is ubject to proportional incre | The Argentine post office faces an | estimated deficit for 1925 of 24,- 00,000 pesos. Union Choice | Marine Mansfield of Lafay- 1.. will be “Miss Centen favette-Tippeca ial celebration in her | Studebaker {Am Hare Am Hostery .. S ) Beaton & Cad £ WALL ST, RETURN T0STEADY TREND Upward Movement of Some Stocks Noted Today New York, June 13 (®—8Vock prices resumed their movement to higher ground at the opening of to- day's market. gagoline prices in New York, Independent oll and gas quick ly mounting to the highest level In over two years. FPools wete again active in the speclalties, Dupont moving up 2 points in the first few minutes of trading, Loose Wiles Bis- cuit advancing & point and Standard Milling breaking through to a new 1926 high level, The market broadened as trading progressed with several points of strength developing in the motor nd food ehares. General Rallway Signal quickly added nearly 4 points to its recent sensational galn by touching a new high 171%, as com- pared with an initial price of 144 a few days ago. Mack Trucks was bid up 2 points before the end of the first half hour and gains of a point or more were registered in that per- fod by Hudson Motors and Willys Overland preferred. Heavy buying of the steel shares which advanced 1to 3 points on re- ports of improved tride conditions, overshadowed all other develop- ments in today's abbreviated session of the stock market. The sensation- al advance in General Rallway sig- nal, which exteneded its early gain to 9 points, and the strength of Westinghouse Air Brake, which moved up over 5 points, was gener- ally attributed f{o expectations of large earnings fhrough the sale of automatic train control devices that recently have heen ordered on sev- eral rallroads. Oils held up well de- spite a rather large volume of pro- fit-taking by professional tfaders. The closing was strong. Total sales approximated 600,000 shares, High Low Close Allis Chal 81 — — Am Can 188% 186% 188% Am H & L pfd 72 %12 Am Loco .... 124 123 124 |Am Smelt ..., 103% 103% |Am sug 64 Am Wool Anaconda Atchison AL GIf & W T Bald Loco Balti & Ohio . | Beth Steel Bosch ) | Cen Tea ‘hes & O . CM&StP | Chile Cop . Col Fuel |Corn Prod Ret 33% Cru Steel A | Cosden il § Dav Chem 2 Gen FElectric 2 Gen Motors Gt North pfd . 67% [Int Nickel 31 Int Paper ..... 69% Kelly Spring .. 18% Kennecott Cop | Lehigh Val .. Marine pfd .. Mid States Oil. Mis Pac pfd .. North Pac Pacific Oil Pan American Penn Railroad P&RC&I.. Pierce Arrow. Pure Oil [Rep I & S Ray Copper Reading . Royal Dutch .. ir Oil . 2 Pacific 1001y Railway 9474 Sine! Sout 1004 45 % h Texas Co con Ofl cific (Furnished by Putnam Aetna Casn Aetna Life Aetna Fire Automobile Hartford Fire National Fire . 00 10 Phoentx Fire Trave ty ex-di ex-diy 305 Ins ex-c T8 I8 ¢oveaenedl are Big: BiN Bi | Br 1 Carpet con 02 10 3 M: 3 Machine pfd jard Serew ey We ley \\m\< Y “o - N 37 10 Southern N E Tel rt 5 5 1% CLE \Iu\t. HOUSE STATEMENT | New York—Exchanges, 934 | Boston — Exchanges. . | Profit of SR01 Made on & th Or al T h June & on the F. Brooks' home on ts amoun The demand for the( |olls recelved stimulus from the ad- |vance in ()llenlnl Fete !uu(' 5 We Offer New_ Britain—Burritt [} We recomzend and GUARANTY TRUST Thomson, Donald R. We Offer: AM. HARDWARE COLTS ARMS STANLEY WORKS HARTFORD Hartford Conn. Trust Bldg. Tel.2:7 We Offer at the protected in the event of his deat She is only half protected. possible with life insurance. advantages without obligation to Old state House Square PUTNAM & CO MEMBERS. NEW YORK & MARTTORD OTOCK EXCHANGES JIWEST MAIN ST. NEW BRITAIN- Tel. 2040 MARTFORD OFFICE € CENTRAL ROW TEL 1 mét IOOStanleyWorks. Burritt Hotel Bldg., New Britain MEMBERS NEW YORK AND HARTFORD STOCK EXCEANGES EAGLE LOCK BIGELOW-HARTFORD FAFNIR BEARING LANDERS, FRARY & CLARK TORRINGTON WE DO NOT ACCEPT MARGIN ACCOUNTS EDDY BROTHERS &C Union Manufacturing Co. When Protection Fails to Protect Many a man with ample life insurance believes that his wife is fully Practically all insurance money left in lump sums disappears in seven years. | Here is a simple, practical solution: Then protect he i ance Trust Agreement with this institution. The Hartford-Connecticut Trust Company JUDD & COMPANY Members New York Stock Exchange Members Hartford Stock Exchange Hotel Bldg., Tel. 1815 Judd Building, Pearl St., corner of Lewis, Hartfozd, Conn, offer: C0. of NEW YORK * STOCK Price on Application fenn & o Tel. 2580 Hart, Mgr. ® New BRITMN Bumtt Hotel Bidg, Tel. 3420 / Market h. Protect your wife as far as rance by an Insur- We'll gladly explain its you. HARTFORD, CONN e ——— THE BOND MARKET New York, June 13—Bond ptices failed to reveal a clearly defined frend in today's early trading, with buying interest at a low ebb. Oil bonds continued in the to swing upward wake of rising prices in the stock, coincident with the an. nouncement of higher quotations for gasoline. Initial gains, however, ere limited to fractions. Other fs- ues in demand included Chicago & 1llinois s and Northern State Power Bonds hovered around e year's highest levels but failed break into new ground. TRACK MEN HONORED stern o8, Paper s Liberty Storrs, June 13 (A—Members of track team of the Conn. Agrl- iltural ge awarded track let- rs by the Athletic association to lay w ollows: ! J. R oby, of Ridgefield, cap- | ain; Valdemar A. Johnson, of New Britain, tain in 1924: James F. Gallant, Jr. of Worcester; Cecil R mith of Middletown; Paul V. Mulli- of Revere, Mass.; Peter J. Hohr Antonio D. Longo. Captain-Elect New York city of Danielson I ewis J. Quigley d Manager R, F well SETTLED OUT OF COURT T of Helen Nelson, through her father, John son, against Frank Orsie has been settled out of urt. The act grew out of an ident in Berlin on January 12, efendant’s anto striking the Tt andi fr ring her ankle represented the plain- en E. Brosmith the de- WANT ONE-DAY STRIKE. P ¢ (A—Chinese stu wer® today attempting to ste & one-day strike of all ma- employes in J business establishments, vere also efforts to extend the proposed strike to Chinese do- mestic ser Japanese and British residents. Vernacular news papers list of Japaness and printed International | panese and Brit-| and | | British business houses, - including those within the legation quarter, and eald all Chinese employed by them had been canvassed regarding the proposed strike. Hugged Gertrude Willlamns, 18 1 bvago model, 18 held on & charge ot sab. bing Samuel Friedman, agent of the building tn which she fived. Tt afl happened because her, she says. he tried to hug g