New Britain Herald Newspaper, January 6, 1928, Page 25

" TRAINING REBELS (Continued from First Page) food and amniunition. Those wound- ed in last Friday and Sunday’s bat- ties are well taken care of. Believed Hiding In Mine Sandino is nqw believed to be hid- ing in & mine about three miles from El Chipote, the rebel stronghold. Although communication with Quifuli i difficult additional reports &re coming in giving a few more de- talls of Sunday's battle when & re- dief column under Lieutenant Mer- ton A. Richal engaged with the ban- dits while advancing toward Quilali. First Sergeant Thomas G. Bruce, Who was leading an advance patrol, was with his men creeping along cautiously through a ravine when (the rebels opened fire. Bruce. was lll:ued instantly and the rebels, num- ring about 400 men, swooped down on the amall patrol, and cap- tured Bruce's body. By this time the main body of the relief column.arrived and engaged ‘the enemy in a fierce fight, recaptur- ing Bruce's body. The reports re- ceived here state that the body had been mutilated, e The marine column cut its way ‘through the bandits and advanced toward Quilali. Thirty-three rebels ;podies were counted by a marine ‘officer and §t is believed that there ,were many more casualties as the rebels carried off as many dead and wounded as possible. BECK DEFENDS HIS * SEAT IN CONGRESS (Continued from First Page.) the United States, declared he was born and educated in Pennslyvania and that “when a man is in public service, a residence in Washington has never been regrirded as a for- feiture of his citizenship in the state |and community in which born." he was | Weddings PETRASCH—PRETON The wedding of John Petrasch of 606 East Main street and Miss Mary Jennie Preton of the same address, took place yesterday morning at 10 o'slock'at 8t. Mark's church. The couple was: unattended. In the eve- ning a wedding supper was served at the home of the bridegroom's sister, Mrs. Hannah Weber df 606 East Main street. FANES, EXPERTS CAL TEARST COBE WRIS (Continued From First Page) —_— “I don't know,” Lane replied, “but 1 have noticed that, many of Mr. Hearst's documents appear to have been written by the same person, al- though the papers purported to come from many different offices and per. sons.” Lane said that in August, 1926, Page brought a document to him purporting to have come from the files of the Méxican president and offer to sell the document Lane said. Taking the stand, Page said he was told by Ambassador Shefticld that the ambassador understood President Calles had written a let- ter denouncing him. “He gave me to understand, with- out saying so,” Page said, “that he would like to get the letter. ‘When I returned I understood that Ambassador Shefficld had the let- ter."” Page was asked agaln to tell who gave him the letter purporting to have been sent by Senator La Foll- ette to President Calles which he ledger. “I can't rechll,” he reiterated. “Didn’t Avila give you that?" Chairman Reed pressed. Our New Senator i Beck reviewed at length his life up | to the time he was elected, He ’cnlgmeraled many Philadelphia clubs :of which he {s a member; declared [he had been assessed and taxed in that city in 1926 and 1927, and add- ed that “these are the facts.” “Apparently they were so recog- nized by the electorate,” he contin- ued, “for at the election last Novem- ber, I was elected by an overwheim- | ing mafority, and I polled substan- tially the same vote as my asso- | clates on the ticket. Explains Status “Unless the most important serv- ants of the government are to be denied the chiet rights of citizenship they must be accorded the right to residence in Washington, as well in the state with which they have been previously identified. This has been the consistent interpretation of the constitution for many years. “Our consututional torm of gov- ernuent 15 & matler ol practicas agapuon and the rignt of a resident Of Wasuingion, especially it he be Mgaged 0 We Public service, to have a residence in some state, wnere he can exercise the most basic rignts of a citizen, should nov only be recoguiced but, in my opin- ion, should be encouraged.” (NEA 8ervice, Washington Bureau) at Washington this photoportrait was made of Bronson M. Cutting, the ncwspaper publisher appointed United States Benator from New 'enco. He sncceeds the late An- drieus A. Jones. ESTABLISHED MARCH, 1999 furnished by Avila, Page did not T of- | fered to have Avila get the letter. I was called away for some time., offered to the Philadelphia publ_lc; Just as he donned the solon’s toga | % I “No, it was some Mexican mews- imNEs Rfmm paper man,” he countered but he could not recall the man, “When you reached the conclusion that the La Follette letter was un- questionably fraudulent, didn't you §0 to the source of it and make somg check?" Senator Robinson, democrat, Arkansas asked. “No. Under questioning by Senator Johnson, republican, California, Page sald he went to the man who gave him the La Folletts letter and at- tempted to get the original at the request of the Philadelphia Public Ledger. “Wiere did you meet this man?” Johnson asked. * “I do not remember.” Vho was he?” 1 don't remember.” “Didn’t you go to the man who fooled you and give your opinion to him?" "No | | | (NEA Service, New York Bureau) She's created a stir in spheres by her approval of woman | smokers, has Miss A. Maude Roy- | den, British evangelist photoed here upon her arrival in New York. CROWN PRINCE HOME. Rome, Jan. 6 (UP)—The crown prince arrived from Turin’ today in order to spend Epiphany with the royal Tamily here, BENEFICIAL LOAN SOCIETY $35,000 Par 8% C: Preterred Over of New Britain Common as to Assets and PAR VALUE $100 PER SHARE umulative Preferred Stock Dividends $7,000 Par Common Class A Stock Preterred as to PAR VALUE $10 PER SHARE Fully Paid and Non-Assessable. Commeon s to Assets and Dividends SOUTHERN TRUST OCOMPANY, WILMINGTON, REGISTRAR AND TRANSFER AGENT PURPOSE OF ISSUES—The proceeds from these fssues will be nsed to increase the working capital of the Society in the Industrial Loan ficld. This field has proved very safe over a long period of years under varying conditions of national prosperity. EARNINGS—The earnings of the Socicty have been most satisfactory, being at present about six times the dividend roquiremeut of these issucs to be presently outstanding. With the use of the money to be raised on these issucs, the carmmings should be in- creased considerably. DIVIDENDS—Paid quarteriy—January 1, April 1, July 1 and October 1. Preferred Stock 8% Cumulative—Common Stock Class A—10¢, plus an additional 8% partici- pating dividends. First dividend received by holders of Treasury Stock prorated for the part of first quarter held. | SECURITY—There being no bond issue or other funded debt, the security béhind this issue will be the entire assets of the society. Each loan made is secured and nsured. The Present Offering Is Made om the Unit Plan of Offered by 5 Shares 8% Preferred Stock 10 Shares Common Price $625 per Unit Stock Class A HAROLD B. GILES Burritt Hgtel, New Britain. Tel. 3310 Smoke? Why Not?! church | City Items The New Britain Real Estate board held a meeting this noon in the Burritt hotel. The meeting was well attended. HALF-DAY SESSION PLANIS REDUIRED (Continued trom First Page) a few spots are sound and ean Te- main. Some of the plaster on the walls must be removed, while the ceilings are a total loss. Furniture, for the most part, has not been destroyed, but most of it must again be varnished. Members of the school board are of the opinion that the fire started in the attic and smouldered for sev- eral hours under a roof that was too tightly bound to give the blaze a vent. Defective wiring is is one of the meveral causes considered by them. Committeemen Take Action Some of the miembers of the achool |accommodations committee were in- vited by Chairman Joseph M. Hal- !loran to an informal meeting today at which plans of reconstruction were discussed. The meeting was held this morning and the school | was inspected. Supt. Holmes was 1 authorized to proceed with details of the job. It is possible that a formal | meeting of the committee may be icalled to award a contract for the work. | Arguments on Mitchell’s Appeal to Be Heard Bridgeport, Jan. 6 UP—Argu- ments on the appeal of Robast G. Mitchell, former tax collector of Norwalk, who was acquitted on De- cember 22 of a charge of embeszle- ment, will be heard here January 14, it was announced today. Judge L. P. Waldo Marvin will preside at the hearing. Saxe and Mangan Favor Raise for Prosecutors Judge M. D. Saxe and Judge W. | . Mangan, will speak at the meet. |ing of the claims committee of the common council tonight, in favor of the proposed increases in salaries of |the prosecuting attorney and assist- ant prosecuting attorney. They will | present arguments in support of the | petitions for $1,000 increase in the salary of each pffice. { MoGUIRK ELECTED. | Boston, Jan. 6 P—Warren P. Mc- | | Guirk of Boston, for the last |hrt‘e‘ years a regular tackle on the Bos- ton College football team, was chesen captain for the 1928 season 4t today’s clection. He has played in | very game during the three sea- sons, Deaths: George Siering George Siering, 27 years old, & {member of a family which has lived in the northeastern section of New | Britain since the early history of the city, died in the house in which he was born and lived all his life, last night after a short illness. The homestead was at the corner of Os- good avehue and Slatef road. Mr. Siering's parents were natives of New Britain nad the family his. tory goes back almost 100 yea His grandparents wete born in Ger. many, but they came to this city at an early age. Mr. Siering conducted a farm on property surrounding his home. He |is survived by two brothers, Peter |Stering of this city and Louis Sier- ling of West Cromwell, The funeral will be held with prayers at the home tomorrow aftere noon at 1:45 o'clock and with serv- ices at Erwin chapel at 2:30 o'clock, | Rev. Willlam H. Alderson, pastor of Trinity Methodist church, will offi- clate. Burial will be in Fairview cemetery. | Funerals Adalaide Wetsky Funeral services for Adalalde Wet- sky, 12 year old daughter of Mr. and | Mrs. Bernard Wetsky of 68 Belden street, will be held at the Church of |St. John the Evangelist tomorrow {morning at 9 o'clock. Burial will be in St. Mary's cemetery. Ferdinando Agostinuccl Funeral servicey for Ferdinando | Agostinuccl, six months old, son of | |Mr. and Mrs. Antonio Agostinucct of |45 Sterling strect, will be held to- | morrow afternoon at 2 o’clock at the home. Burial will be in St. Mary’s cemetery. Joseph Suetia Funeral services for Joscph Suetia of Park strect, who died in Middle- town Tuesday night, will be held to- morrow morning at 8 o'clock at St. Andrew's church. Burial will be in St. Mary's cemetery. CARD OF THANKS ‘We wish to express our gratitude for the kindness and sympathy ]uhown us in the sad loss of our dearly beloved wife, mother and sister. Mr. Charles H..Clarkson and fam- ily, Mr. and Mrs. Geo. Westerman and family. 1 ;TOW“AIMGI'MWIYH BOLLERER’S POSY SHOP jAm Loco .... {Am 8m & Re 181 WARKET DISPLAYS " STRENGTH TODAY Rocgrery Fotlows Sweepiag Re- i d Tty New York, Jan. ¢ P — An im- pressive demonstration of strength took place in today’s stock market following the sweeping reaction of yesterday, All classes of stocks pointed higher with violent ad- vances of 6 to nearly 13 pointstak- ing place in a few volatile epecial- ties, The rally was acoompanied by & marked reduction in the velume of trading. Fears of higher money rates, which ‘developed as a result of the unusually large increase in brokers' loans, apparently had been allayed by the lowering of the call money renewal rate to ¢ per cent. Opera- tors for the edvance marked up their favorites on the theory that & substantial portion of the January dividend and interest disbursements would find their way back into the securities markets. Weekly mercantile reviews show- ed a fairly cheerful tone and new building construction was veperted as unusually lsrge for the first week of the year, Recent stiffening of crude oil prices and merger ru- mors also have had a tendency to draw speculative attention to those {saues. Activity of Texas corporation and California Petroleum was di- rectly attributed to reports that negotiations were pending for the consolidatjon of those companies. Chpistt€ Brown, Coty, Midland Steel Products preferred and Amer- ican Shipbuilding scored spectacular advances at 8 3-¢ to 11 1-¢ points. International Nickel, General As- phalt common and preferred, American International, Montgom- ery-Ward and International Match prqaued sold 4 to 6 points higher. New high prices since 1926 or longer were registered by Transue & Williams, Sweets Company of America, Jones Bros, Tea and Coca Cola. U. B. Steel common, which had dropped W 148 yesterday, sold today around 151 1.2 New York, Jan. § P—Extremely mixed price movements character- ized the opening of today's stock market. Oils were in brisk demand, General Asphalt showing a gain of 1 3-4. Texas Co. improved fraction- ally on reports of negotiations for a merger with California Petrol. cum. Allied Chemjcal and Greene Cananea Copper lost about & point each on the first sales. 8peculators for the advance quick- ly regained control of the price $92,000,000 in federal reserve broks ers’ loana annouaced after the . ‘ose of the market yesterday. Bullish operations centsred at first in the issues which atood out in yesterday’s late rally, notably International | Match preferred, Allis Chalmers and International Cement, all up 3 to ¢ points and the fimst two at new peak prices. Standard industrials moved forward uuder the leadership of U. 8. Bteel common, General Motors and ed early gains of ¢ points or so. Buying of timid shorts was swelled by the investment demand created by the disbursement of several hun- dred million dollars in dividend and interest paymenta. Ralls were slow in getting started although 8t. Louis Southwestern praferred moved up more tan 2 points before the end of the first half hour. Except for 2 break of 8 points in Spanish pese- tas to 17,28 cents, there were no over night changes of importance in the forelgn exchange market. Sterling cables held steady around §4.87 15- 16. - THE MARKET AT 3:30 P. M. (Furnished by Putnam & Co.) High Low Close RURUKRKUBU%RR%Y All Che & Dye 157 153 156% American Can 74% 12% 74% Am Car & Fd 109% 108 109% 113 114% 114 177% 181 7% 5% 181 Am Bugar ... 76% Am Tel & Tel 181 Am Tobacco . 173% Am Woolen . 21% Anaconda Cop b58% Atchison .... 193% Bald Loco ... 52% Balt & Ohlo. 118 Beth Steel ... 577 Calit Pet . 26 Can Pac .....215% Cer De Pasco 651§ Ches & Ohio 205 CM&SBSP. 37 CRI & Pac 111% Chile Cop ... 40% Chrysler Corp 60% Coca Cola ...133 Colo Fuel ... 78% Consol Gas ..124% Corn Prod ... 66% Cru Steel ....., 83% Dodge Bros A 23%; D P De Nem .320 Erie RR ..... 65% Erie 1st pfd . 62% I'am Players Fisk Rubber Genl Asphalt Genl Elec .... Genl Motors .. Gt Nor I O Ctfs Gt North pfd . Hudson Motors 837 5% 198% 118 5% 5% 5% 67% 203% 11y 40% 0% 133 8% 124% 663 89% 22% 320 (1373 62% 153 17 89% 1347% 136% . 17 Int Nickel Int Paper Ken Cop ..... 85% Kelly 8pring .. 25% Lehigh Val ... 93 Louis & Nash.153 Mecak Truck ..107% Marland Ofl .. 36% Mo Kan & Tex 41 Mo Pac pfd ..113% Mont Ward ..1263% National Lead 127% N Y Central ..163% NYNH&H ll” Nor & West ..192 North Amer... $9% North Pacific.. 97, Pack Mot Car 62 Pan Am Pet B 46% Pennsylvania.. 64% Plerce Arrow.. 15 Radio Corp... 96% . .105 Reynolds B ..159% Sears Roebuck 83% e Teloatort Tl mm-v'lmmm on ... nuy movement despite the increase of | General Electric, all of which show-. ol 123 BSoutbern Ry .145% Standard Oi1 .. ¢0 Stewart Warner 83% Tobacco Prod .110% Union Pac .. 192% United Fruit . 141% U 8 Ct Ir Pipe 212 U8 Ind Al .. 109 U 8 Rubber .. 62% U 8 Bteel .... 151 Wabash Ry .. 654 Ward Bak B . 27% West Eloc '89% White Motor .. 39% Willys Over .. 20% % Woolworth .. 190% 189% LOCAL STOCK MARKET (Furaishod by Putnam & Co.) Bid Asked ++1380 13560 .835 850 .790 806 +.370 7380 L7965 810 1110 1140 Aetna Casualty ... Aetna Life Ins Co Aetna Fire ... Automobile Ins .. Hartford Fire National Fire . Phoenix Fire . Travelers Ins Co ....1685 1700 Conn General ...,...,1820 1860 Manufacturing Stocks. Am Hardware ........ 77% 179 Am Hoslery . .20 Beaton & Cad' . 920 Bige-H?d Cpt Co com ., 94 Billings & Spencer com 3 Billings & Spencer pfd 6 Bristo] Brass ., Colt's Arma Kagle Lock Fatnir Bearing Hart & Cooley ... N B Machine ptd Niles-Be-Pond com . North & Judd . . Pack, Stowe & Wi Stanley Works .. Torrington Co com ., Unlon Mtg Co .-... Public Utllities Stocks. Conn Elec Bervice ,... 90 Conn Lt & Pow ptfd ...118 Htd Eleo Light . 4 Southern N E Tel ,,..170 TREASURY BALANCE Treagary Balance, $244,429,856. Wall Street Briefs New York, Jan. 6 (M—The Christ- mas week, with one less operating day, resulted in a sharp curtallment of the lumber movément, the Na- tional Lumber Mamufacturers Asso- ciation reports. Production, ship- | ments and new business were much below the preceding week, but about on the level of & year ago. Unfilled orders of 220 southern pine and west coast mills at the end of last week were 534,609,279 feet, against 540,- €14,481 feet the previous week. With the renewal rate for stand- ing loans reduced from 4 1-2 per cent, indicating there was no little strain on- credit conditions despite the record-breaking amount outstanding of collateral loans, purchasing orders flowed into the market in increasing volume. Indus- trials and specialties commanded the most'attention, but investment railroads like New York Central were also bought. ‘While & yellow fringe on official flag is customary, there {s no law forbidding or requiring it. “The man at the switch!” That’s us! Switching out-of-town accounts to the City Na- tional Bank. Now! This week—so you'll lose, no interest! Simply bring your Pass Book in— We'll do the rest. Interest compounded quar- terly under U. 8. Government supervision. Have you joined our 1928 Christmas Club? _Still time! TH] CITYNATIONAL BANK - to 4 | as heretofore | Members Now York @ Hartford Stack Bachangss 31 WEST MAIN ST. NEW BRITAIN TEL 2040 HARTFORD OFFICE, 6 CENTRALROW TELEPHONS2-1341 We Offer: Russell Manufacturing Co. § ' Price on Application. Thomson, Tem & o 55 West Main Street New Britain Phone 2580 Members of New York and Hartford Stock Enchange Edward L. Newmarker, Manages We Offer:— — GUARANTY TRUST CO.: Price on Application - Will Buy 50 Shares Fidelity Industrial Bank Stock at $175 EDWIN D. HYDE Dealer in Bank Stocks 136 West Main St., New Britain, Conn. Telephone 4800 Fuller, Richter, Aldrich & Co. CQMMERC]AL TRUST BUILDING - NEW BRITAIN = MEMBERS HARTFORD STOOK EXCHANGE Joseph M. Halloran Tel. 1358 Eesold G S8ats We offer: First National Bank of New York Guaranty Trust Co. of New York CONDENSED STATEMENT NEW BRITAIN NATIONAL BANK As of the Close of Business on December 31, 1927 RESOURCES Loans and Discounts - - « - < U. 8. Gov't Securitigs (at par or less) Other Bonds (at pa¥ or less) - - Federal Reserve Bank Stock - - - Banking House and Fixtures - - - Cash and Due from Banks - - - LIABILITIES Capital Stock - - Surplus (earned) Undivided Profits Reserve for Taxes Due to Banks - 4 Deposits - - - BANKING STRENGTH—The strength of a bank is indicated by the amount of Cash sad. Quickly Convertible Assets shown by its finan- cial statement. Consider these items in this statement. Make this your bank.