New Britain Herald Newspaper, February 26, 1927, Page 13

N.B.CREDIT BUREAU T0 CLOSE ITS DOORS Lack of Support Given as Reason —0ther Propositions Rejected Just as soon as it can be ranged legally the New Britain Credit Rating bureau will pass out of existence. It was voted at a meet- ing of the stockholders and direc-| lwrs yesterday afternoon to take steps for its immediate dissolution. That the bureau would pass out of the picture has been expected ever since this action was recom- mended by the directors several| weeks ago. That it has not been a success for some time has been a matter of common Kknowledge. At the meeting yesterday it was pointed out that there was not -nough interest and financial sup- port to warrant continuing in busi- uess. A number of the stockholders lesired to have the bureau con tinue, but there was reluctance to assume financial responsibility. The directors unanimously favored clos- n3, and this recommendation final- ly was accepted. Two alternatives were discussed and rejected. One was a proposition for the bureau to operate on a smaller scale in the vifice of Attorney David L. Nair. The other ‘was the desire of Secre- tary Ralph H. Benson of the Cham- ber of Commerce to take the bu- tea under his wing and operate Jt irom the chamber offices. Fred O. Rackliffe, president, and 8. M. Da-| vidson, one of the directors, both of whom are directors of the Chamber of Commerce, did not favor either proposition, believing that it had been definitely proven that the orchants would not support a credit bureau here, 50 both Proposi- tions were rejected. The burcau has operated in this city for several years. Many of its members have availed themselves its service and in a number of cases men who were hopelessly en- tangled in debt were helped out of their difficulties. In other cascs merchants were protected from opening charge accounts for “dead Several concerns were in- vy the bureau during its ignation of Captain founder, the man. ¢ the bureau fell into th rt R. Hauschulz. Lack support handicapped Mr. Hau- schulz until on January 1, it was toted to drop the collection depart- fort to save the credit = bureau followed. Itis likely t instroyed. It was learned today that Mr. Hauschulz submitted a proposition of taking over the bureau as an in- dependent business, but that no records will be ar-| o final dissolution of the| You are thought of financially according to the thought you give your banking. Why not open your account here at the New Britain Trust Co. definite action has been taken on this suggestion. | “There is nothing I can do, now,” | said Secretary Benson when asked if he proposed going any further with | the Chamber of Commerce proposi- | |tion. “Although there seems to be | quite a lot of opposition to the chamber handling it, the chamber could take it over and run it very successfully. “A majority of the smaller fel-| {lows are interested in seeing it handled by the chamber,” he added. | Mr. Benson has had experience in | handling credit bureaus and he feels | |it is an important service which a| Chamber of Commerce should offer | its members. He says New Britain needs a credit bureau and has reached the point | | where it will be expensive to the | merchants to try and continue with- ‘out one. In view of the attitude of | some of the opponents to the pro- position he will not force the issue. Commenting upon the fact that he has received a number of telephone calls from merchant members of the chamber asking that he take up the proposition of a credit bureau branch of the Chamber of Commerce, Mr. Benson said this morning that he | was powerless to do anything now | unless the members officially request | it. “Of course” he added, “if a| group of those men who want a| credit bureau branch of the cham-| ‘bor got together and submitted a| | basis upon which to work, I would | | be forced to take it before the board of directors.” | ‘The bureau was open today al- though it has practically ceased to function. CITY COURT JUDGMENTS The following judgments have been rendered in the city court: For the plaintiff for damages of $210.93, by Michael A. Sexton, act- ing judge, in the action of A. S. Petrauskas against Annie and B. Goldenthal. Sam Schnalder who | was named a party defendant was awarded costs in the action. By Judge William G. Hungerford, two judgments for the Lomas & Nettle- | ton Co., against James Cersosino | |and others, one for damages of| $1,809.18 and the other for damages | ;ox $2,080.18. | | HUSBAND GRANTUD DIVORCE I Juliv Nowosielski of this city was granted a divorce from Eliza- | beth Labaski Nowosielski by Judge Marvin in the superior court y terday on grounds of desertion. Tt was testified by the petitioner that his wife is living in New York city he couple w 1914, and 3, 2925 with another ma | married July |arated January Schwolsky repre: sep- | Jacob | plaintift. STANLEY WORKS Stockholders of the \ s will meet thic afternoon for the els tion of a board of directors. The directors will meet later to select | officers. No change in personnel is expected. | READ HERALD LL\ 1IED ADS | NEW BRITAIN DAILY HERALD, ] STRIKERS ENDORSED | Tnited Testile WorkersApprove Ac- | tion of Employes in Manville- Jenckes Factory. | Providence, R. I, Feb, 26 (P—T United Textile Workers of Amer emergency board this morning en dorsed the strike of workers in 1 plant of the Manville-Jenckes | company in Woonsocket and em red Int ional Presid nas F. McMahon and E ive Member John H. Powers to take any action they saw fit in bringing the affair to a successful conc | ention of the union this morning was that tt s po. state notic: of yarn was exhau of a lockout an a commit- | v the governor question of nt could be operat- | v on the 48-hour per the Oberlin college, famed Ohio liberal school, is seek- ing a successor to Henry Churchill King, who is retir- ing as president aiter vears service. There are 125 candidates. He will devote himself to writing. He al- ready has a national reputa- tion as the author of books on education. strike will Presi- ers al- state today r mills would be called ympathy with the strikers. out Maine Storm Damages | Phone Co. a Million Portland, Me., Feb. 25 (P—Da age estimated by telephone fri at clos to 0/ done to telephone 1 a driving southe which struck here of poles we and it was prevailed section of New York Mayor Backs Action of Jm| Police and Courts In Stopping Ob- jectionable Plays. 26 (UP) | Wy s th of the r and today Mayor W ‘vrl)fl d : Bristol; and the | W eslevan s Endowment of the po- | bl 600, 000 A\c"ompllshe'i told are > district violations nd Po-| re- Ban McLaughl ton Wes board in advance sub- . READ HERALD CLASSIFIED ADS FOR YOUR WANTS CHANGES hAME WINS FAME | Walter Hart. e Underwood_and Urderwood ] Marion Rice, 17, beauty contest , and won fame in starring contract. What's in a name? winner, changed hu\ to Joan Alden Hollywood. She's just besn given a Her home's in L‘h..ago. Tuesday---Starts a new month and deposits made here at the “Bumitt” up to the 5th will draw interest as of the Ist. Take part of that salary and open up the Sav- ings Account you have so long planned for your- self. It will grow if you once make the beginning ---interest 1s paid in Apnl and in October at the rate of 59. fazow. Join the “Mutual Savers” Burritt Mutual Savings Bank CLEAN-UP APPROVED ] thi | be in Falirview SATURDAY, FEBRUARY 26, 1927, ! [U. 5. RUBBER HAS 22 ] SIIGHT ADVANGE Miss Mary A. Ryan, 55 years old, | e i e vestveasy arout| Gain of Point or Two Also for L. R. T. and Foundation w Britain General hos- al r a short illness. | Miss Ryan was born in Ireland 1 upon coming to this country R o settled In this city. She had| en making her home with her! brother, Joseph Ryan, retired har- | maker and leather goods . at 58 Griswold street. | Transit and Foundati was a member of the Ladies' | were offset by si al and Benefit society and the | Woolworth and °r of Maccabees of Hartford. | preferred. Foo \ her are three otor shares we of this city, | carly up-swing. - thres Sistors, Misma | THE MARKET AT f11: Mary H. and Katherine| (Furnished by I High Low f s y. B 4 o ‘h"_ cliy WEATHER OUTLOOK lces will take place| .\ o Foh oo o™ 357 church Mondey | -+ S8 S8 Sl s 9 o'clock. Interment|American Ca & MR R Am Car & Fdy — Mory's cem Am Loco . |Am Sm & Am Sugar . Am Tel & Tobacco Woolen | Anaconda Cop \tchlstm Bald Loco | Balt & Ohio. of Forestille | 5y ‘Sroun T -|Can Pac Charles | 2 % “fl"i:‘ “hes & Ohio 1 |c R I & Pac ars old last | Chile Cop and lier husbang | Shrysier Corp moved opening 3 Galns of a polnt or so e Rubber, Interbo R 30 AL M. ral Ret 148 s el 15 122 Mrs. Franik E. Sheldon mie L. Sheldon, wife of heldon, formerly of this | died a Be nnington, V ernoon at 1:30 o'clock. are three sons, and Frederick Sheldon, ington and two daugh- rs, Mrs, George King d M PUTNAM & CO Members New York & Hartford Stock Exchanges 31 WEST MAIN ST. NEW BRITAIN TEL. 2040 HARTFORD OFFICE, 6 CENTRALROW TELEPHONE 2-1141 We Offer: North & Judd Mfg. Co. Price on Application. Thomson, Tenn & Lo Burritt Hotel Bldz.. New Britain Telephone 3580 MEMBERS NEW YORK AND HARTFORD STOCK EXCHANGES Donald R. Hart, Mgr. We offer— THE NEW YORK TRUST CO. Capital $ 10 000,000 Surplus about 000,000 Deposits about 3,000,000 Indicated Income, 1926 37.71% WE DO NOT ACCEPT MARGIN ACCOUNTS inington from this city | Soca Cola Mr. Sheldon is an |Colo Fuel er at the Benning-,Consol Gas rm Prod held at | Cru Steel .. | Dodge Bros L"l Pont De ton Paper Mills. Funeral services will be tomorrow | al will parents and | Genl 3 besides Mrs. Mack as! Gt North Iron r Mrs.[ Ore Ctfs Leo ! Gt North pfd of | Hudson Motor: ers, John of | 1ng 0 & Providen d Lawrence of [ Tny Nick P a | will ba hel mo! o'clock. buck. ‘)I 1 0il | Mid Cont . o | Mo Kan & i i; Mo Pac o Mont W 1 New | National Leac Frank Buoncontaguy Frank By Qak street, forencon of pneumor lritain General hospital H“l children surv ments are inc or & West —_— orth Am 1 North Pacific ‘F‘ ck Mot Car l Pan Am Pet B i Pennsylv | Pierce Arr io Corp inhota | Realing be | Sears Loe il Pac . Ry ard Oil . Studebaker Texas Co Texas & Tobacco Prod .1 Ur 1 Fruit J 8 Ct Ir Pipe Ind Al 8 Rubt U S Steel \\‘xllm«h l\\ Funerals Rheinhold l\nbs Souther: Goodrich SOLLAeN and at 2 of 176 Cherry o'clock church. 52 irview cemetery. ’:" 5 083 Miss Elizabeth R. ; rvices for Miss tman, who during her i this city gave|- and st to zations and the South | church, were held 10 o'clock at the | Eastman much of welfare or, Congregational this morning at Berlin Congreza 5 ciated. The remains were sent to cemetery. ary bearers wer H. Ernest Root and Sloan, Insuranc Bid Asked | Aet Casualty Lite Ins Co Aetna Fire . Automobile Ins Hartford Fire National Fire Phoenix Fire .... Travelers Ins Co . Conn Ger 1 | \Innurmturln; Stocks. | Am Hardware Am IHosiery Stanley Payanis, Jr. Funeral services for Stanley Pay- | anis, Jr. of 45 Market street were | | held this morning at 8:30 o'clock at the home and 9 o'clock at St. An- w's church with a solemn high | of requiem ¢ ward V. Grikis, Donohue, pastor of § , deacon and Rev. pastor of the ( . sub and as the EDDY BROTHERS & & HARTFORD NEW | BRITMN Martford Conn. Trust Bldg. Dumtt Hotel 5“’ Tel.2-7186 Tel. 3420 We offer: 25 Shares of Hart & Cooley 50 Shares of Stanley Works 50 Shares of Landers, Frary & Clark Prince & Whitely Established 1878 Members New York Stock Exchange Chicago Stock Exchange—Cleveland Stock Exchange ESSEX BUILDING, LEWIS STREET, TEL. 2-8261 New Britain Tel. 4081 We Offer: Guaranty Trust Co. Stock and Rights earned $13.55 a share on the eome mon in 1926 against $10.39 a share in 1925 Records Show Ryan Born In This City in 1887 Joseph F. Ryan, whose failure to ive app ent to the regular t was responsible in contemplated in- m of recent appointments, s of age, an anonymous Mayor Weld in & writer suggested th records on file at the of the town clerk be persued. records described show the a George Ryan and a Jo- Ityan, twins, born August 22, 39 years ago. The parents »hn and Elley Claffery Wall Street Briefs | for ames of are J in was slated for appointment 1rs ago, but was ruled out of ¢ because, fire department showed, he had reached the from the church she er My God to Thee.” hearers were Stanle Winners, John Matulis, Paul Armen, tanley Lamezis and Edward Sage. e flower bearers carried the flow- ch were unusual in both ty and number. They were Jo- Armen, iward Karpinski, Allen, Dill onis and Albert rendered The pall Natulis, John -Pond com & Judd owe & Wi | North Pec! anley Works Stanley Works pfd Torrington Co Union Mfg Co. Public Utilities Conn Elec Servic Conn Lt & Pow pfd ex 112 Hfd Elec Light ......34¢ N B Gas Southern 1 Railroad Tracks Blocked || By Freight Wreckage Westerly, R.* I, Feb. 26 (#— Buckling of three carg in a west- bound freight train on the New Ha tery. ven road early today about a mile | west of Bradford blocked the main (| for more than two Track N an emergency one | BOLLERER'’S e orly and Bradford, was ! POSY SHOP | L Spring plunts in bloom, including Tulips, MAY NAME PECTORS Hyacinths, Azaleas, Cinerarin, cte SRl s Sk ‘Teleyvaph: THem! ilding co jon wil Main St. Prof. Blig. Tel. 886 | day night ao act on a repo “The Telegraph Florist ot New Britain” [the in ing committea on trical examinations and it is expected Joseph A. Haffey trical inspectors, which have vacant for the past three weeks, v UNDERTAKER Phone 162 be filled. Opposite St. Mary's Charch, Residence 17 Summer t.—1625-3. John D. Funeral serv d of 80 Broad s afternoon at 1:30 o'clock at the me and 2 o'clock the South Congregational church. Rev. Elisha Adams, Assyrian m ter of the church, will officlate. Intarment will cemetery. lhvrnu‘rd m Stocks. E Tel .. Walter Paluszewski 1 services for Walter Pal- uszewski, two months old. sen of Mr. and Mrs. Leon Paluszewski of 21 Osgood avenue were held this lock at the home, Burial w d Heart ceme- hours. || BaNa Brazil, h Col. Francesco de Pinedo, aviator, hopped off from h {Rio de Janeiro at 7 a. m today New Britain Herald IRCULATION Wherever advertisers are congregated, and are talk- ng shop, the matter of circulation of the daily newspaper in their territory is the main topic of conversation. Well 1t be, for the advertiser wants to know how many people will read his ad in order that he might estimate Just what the proportions in his turn over in stock will be. The New Britain Herald has a circulation of over 14,000 and the circulation department is willing to prove this fact. The number of Heralds sold daily is rapidly ap- proaching the 15,000 goal which is a testimonial to its standing in the community. The Herald is doing every- thing possible to increase Teader interest by printing the news of .the city, state, United States, and the world, and the rapid increase in circulation is a testimonial to the fact that this endeavor is appreciated. The New Britain Herald is a member of the Audit Bureau of Circulations, a national group of trained news- paper circulation auditors whose business in life is to check up on circulations of newspaper that belong to this organization, Advertisers all over the country ask first, if the paper they are thinking of placing an advertisement in is a member of the Audit Bureau of Circulations, for they know that there can be no equivocation by an A.B.C. newspaper. In short, they know what they are getting, and in the case of the New Britain Herald, they are get- ting over 14,000 printed and distributed daily