New Britain Herald Newspaper, February 17, 1928, Page 25

PARKER COMMANDS P.0.5, 0F A ZONE Appointed Head of Upiform! Rank Until September Captain Edward H. Parker of | George W. Corbin Commandery, Uni- form Rank, P. O. 8. of A. of this, city was notified today to take com- | mand of the first battalion, succeed- ing Major William J. Bower, Sr., of Brooklyn, N. Y., who died in 8t. Joseph's hospital, Elmira, N. Y., last Bunday night and was buried yester- | day. In September an election will be held to fill the vacancy and in | the meantime Captain Parker will be in charge on account of the fact that he is the senior captain in the battalion. Major Brower was well known in | this city, having visited the local or- ganization a number of times, and he and Captain Parker were close friends. Captain Parker, Wesley Parker, Harold Seaberg and Oscar | Anderson of this city attended the funeral as representatives of the commandery. Major Brower was stricken with oplexy while conducting an in-| spection of a branch of the organi- zation in Elmira, and a few hours, later he died without regaining con- sciousness. Captain Parker has been prominent in P. O. § of A. circles| for a number of years. He s tele- | phone operator at fire headquarters, | and has been a fireman for more )(han 30 years. SHIPMENT RECEIVED New York, Feb. 17 (#—A ship- ment of $20,000,600 in gold from Caonada was received today by the Bank of Montreal, a total of more $40,000,000 to return to New York s#ince the movement began in De eember. Down! Service that measures up—down to the smallest depositor. Courtesy and efficiency in routine matters. Intelligence and consid- erate interest in all mat- ters, |George LEAYES ESTATE WORTH APPROXIMATELY $14,000 Dr. George Hilliard Benjamin, Grandfather of Millicent Rogers, Drew No Will. New York, Feb. 17 P—Dr. George Hilliard Benjamin, scientist and | grandfather of the former Millicent Rogers left an estate “not exceeding 14,000 in personal property, and no real estate” it was stated today in a petition for letters of administra- ion filed by Mrs. Mary B. Rogers, mother of Millicent. Millicent Rogers |married Arturo Peralta Ramos, an last November after di- Salm Von Argentian, vorcing Count Ludwig Hoags(raoten. Dr. Benjamin died last December. A diligent search, Mrs. Rogers' pe- | tition said, had falled to disclose a will. Two daughters and the widow were named as heirs. Mrs. Grace Tremaine Benjamin, the scientists's second wife, also was named as an heir. Mrs. Rogers' two sisters waived their right to share in the estate, but Mrs. Benjamin de- clined to do so. In a letter from Paris, where sue now is living, Mrs, Benjamin told | Surrogate Foley that she had learn- ed of her husband’s death only through the newspapers members of his family had not noti- fied her. Her husband’s brother, she | said, had urged her to sign a waiver of her right to sharc the estate, de- claring that if she did not do so the children would try to deprive her of | {the small income her husband had | larranged for her in 192 She would be “absolutely penm- | less” it this happened she said. {Will Ask Governor to Intercede for Woman | Montreal, Que., Feb. 17 (A-—Lord Willingdon, governor general of Canada, will be asked to intercede n behalf of Doris Palmer McDon- ald, who is in jail here under #en- tence of death with McDonald, here today. 1t is understood that those inter- | ested in the case will ask Viscount Willingdon to commute the sentence of death to life imprisonment in the Portsmouth penitentiary. The grounds upon which clemency is to be asked were not made public. Appellants working for the re- prieve of the 21-year-old New York actress, who was found guilty in connection with the slaying of & Lachine taxi driver, Adelard Bou- chard, last July on the Huntingdon- Malone, N. Y., highway, left for Ot- tawa today to present their case. A point in their favor is that the jury brought in a verdict against the woman with & recommendation for mercy. Freight Car Labelled Brick Really Had Beer New Haven, Feb. 17 (®—Federal prohibition agents are today engaged in removing 150 barrels of alleged “high test” beer from freight car labelled “glazed brick” in the rail- road yards here. Although the car is known to have been in the yards for several days the prohibition agents contended themselves with laying in wait for the consignee but to date he has not shown up to claim the carload of *“glazed brick.” We're mighty easy to meet, COTTON FUTURES New York, Feb. 17.—(UP)Cotton futures opened higher. March, 18.01, up .08; May, 18.20, up .12; July, 18.25; October 18.10, up .1 De- cember 18.13, up .14; January 18.04, up 18, MUSSOLINI AT MEETING Milan, Feb. 17 (UP)—Arnaldo Mussolin! presided at here of & committee formed to pro- mote reclamation of Lombardy waste lands, and to develop orchards, SHELL EXPLODES Gorlzia, Feb. 17 (UP)—A shell that had lain on the battlefield near here since tho war exploded, killing Luigl Plasig, a workman, and injur- ing two others. HINKLER IN BURMA Rangoon, Burma, Feb. 17 (P— Bert Hinkler, British aviator, who is on a flight to Australla, arrived her today at 3:15 p. m.. He flew from Calcutta where he had arriv- ed yesterday. We recommend— Baltimore American Insurance Co. cerveenee . $1,000,000 3,334,175 . $21.20 per share Capital 1927 Earnings . (equal Average 1927 earnings of 33 representative fire insurance companies 10% of current market price of their securities. Amenmn is earning 23% on market price and should show considerable to 23% on erket Pnce). price improvement on this basis. R. W. WATKINS & COMPANY 21 Lewis Street, Hartford New London New Haven 153 Court St. WE DO Circular on request INVESTMENT SECURITIES Waterbury 108 Bank St. 329 NOT ACCEPT MARGIN - drive at the first luncheon held thi and that | her husband, | it was learned | & meeting | By comparison, Baltimore NEW BRITAIN DAILY HERALD, FRIDAY, Y.W.C.A CANPAIGN OPENS WITH $4078 { Flying Start Reported by Drive | Teams and Captains A total of $4.078 was reported by | the captains and teams conducting | the annual $15000 Y. W. C. A. {noon in the gymnasium of the Y. W. C. A. This sum started the drive off and it is expected that the cam- paign can be brought to a close on | | February 24. | Mrs. Philip B. Stanley, campaign | manager of the drive, presided at| the luncheon, Miss Flora L. Hum- | phrey, who is assisting Mrs. Stanley |during tbe campaign, gave a short !address to the gathering. She com- plimented the workers for vheir\ good work and encouraged them to | continue in their efforts to make |the drive a success. About $0 were ipresent at the luncheon. The reports of the captains are | las follows: First team, Mrs, Max- well Coe, $68; second team, Mrs. John Black, $88; third team, Mrs. idney Congdon, $27; fourth team, Mrs. Ernest Christ, $169.75; fifth | team, Mrs. Marcus White, $130; | sixth team, Mrs. Rufus N. Hemen- | way, $74; seventh team, Mrs, Ham- | |iiton Bickford, $26; eighth team, | Mrs. Louis B. Odershaw, $36; ninth | |team, Mrs. Walter P. Crabtree, $50; {10th team, Mrs. Clarence W. Man- |ning, $43; 11th team, Mrs. Noah Lucas, $90.25; 12th team, Mrs. Herbert M. Pease, $109.50; 13th| team, Mrs. E. M. Hayden, $127.56, and 14th team, Mrs. Robert Chap- man, $39. The subscriptions amount to $1,- 078 and the initial gifts to $3,000 making a grand total of $4,078 The next report of the captains and | teams will be made at a luncheon in the Y. W. C. A. gymnasium KTuesday noon. | CAPITAL CITY BOY OF 17 CONFESSES (Continued From First Page) Massachusetts, lived in New city, York Denfes Other Charges Desmarais admitted to Policeman Henry Griftin that he was the man who did the Bridgeport stabbings but when he made his full confes- sion to Captain Santoro and Police- | man Gavin later he denied being guilty of the Bridgeport crimes. He | did say that he had met the Bridge- port “phantom stabber” and ob- tained from him the knife found here. This knite, which was picked up behind a fence on Zion street where Desmarais says he threw it, is an ordinary blackhandled one of stain- less steel such as are commonly used in kitchens. Mrs. Olson and Misg Bowyer came to police headquarters this forenoon and confirmed Miss Tnlmadxcs identification of Desmarais. Desmarais told the police today he was familiar with the movements of the stars and planets and gave the names of several heavenly bodies man affairs, Planncd Another He said he had planned another ! stabbing March 1 and attributed the selection of this date to the moon. Desmarais in his confession gave | the police many details of the three | stabbings here which have been known only to them and gave an accurate account of the weather on each of the nights on which he has attacked woman here, The mother of Desmarais, who | lives on Broad street, came to police | eadquarters today and held a con- | ference with Captain Santoro, It was disclosed today that ever since the first stabbing here the de- tective force has been concentrating on the case and that in the section where Desmarais was caught detec- tives have been on constant duty | from 8 a. m. until midnight daily. | It was sald today that there were State St. |committed the land arrived and their alleged influence on hu- | 50 many officers in that section that, once the alarm was given, the | capture of the prisoner was a cer- | | tainty. Desmarais may be arraigned again in police court tomorrow and the charge against him changed to! dangerous weapon. | assault with a He will probably be subjected examination by alicnists, to Bridgeport, Feb. 17 (A—A mem- ber of the death force of this city was sent to Hartford today to ques- tion Lorenzo Desmarais, held there in connection with recent stabbing cases. Desmarals told the Hartford po- lice that he had resided in Bridge- port and as 26 women have been stabbed in this city by the “Phan- tom” who is suspected of having Hartford attac was thought advisable to ques him on the cases here. Body oi' Youth Found In Loaded Freight Car | New Haven, Feb. 17.—The body |ef a boy apparently not over 16 years of age, was fqund in a freight car today by workmen who were un- doing railroad ties inside the plant | of the American Creosoting company | jat Montowese. The body was co\- ered with soot and badly bruised from being knocked among the ties. The car in which the found left Norwich on Fel at Montow 14th. It was opened time today. Medical Examiner Sterling P. Tay- lor of East Haven declared that | death was due to pneumonia. Th boy is believed to have been locked | in the car while stealing a ride. He wore a sheepskin coat knickers. Cashes Check for $31.50, Finds It Is Worthless D. W. Benjamin of 369 East Main for the flrst and | street cashed a check for $31.50 for a man known as “Weard” and later found it to be worthless according to complaint to the police today. The stranger engaged a room at 367 East ain street from Samuel B. Shum- {mon on February {there until February 12. When he | [1eft he said he would return Tues. | | day, but he has not been seen about [the place since. Frank Thompson Frank Thompson, 44 years old, died at 8t. Francis hospital, Hart noon following a lingering illness. He had been a resident of this city for several years. He was born in Kensington in 1884 and was at one time a brake- man on the New Haven railroad. For {the past 20 years he had been con- ducting a farm in Windsor. Surviving him are four brother: Henry of Suffield, Benjamin and James of | this city, and a sister, Mrs. Willlam Bartlett of Glastonbury. The funeral will be held at tb funeral parlors of M. J. Kenney & Co., at 563 Main street at a time tosbe announced later. W m Regulis | William Regalls, 50 years old, of |36 Seymour strect, a widely known {Lithuanian resident, died this morn- | ing of double pneumonia following ' |a short illness. { He was born in Lithuania emigrated to thie city at an early lage. He was employed by Stanley Works for many years, and was a member of St. Andrew” parish. Surviving him are his wife, Mrs. Rose Regalis, a /1(\”':1]‘(!'. Anna: a |son, William; three ers in this country, a sister in Lithuania and a brother in Lithuania. Funeral arrangement. ot M. J. Kenney & Co., complete. in charge are in- Funerals Crawford Hargrove. The funeral of Crawford Hargrove of 14% Willow street will be held Saturday afternoon at 3 o'clock at the funeral parlors of B. C. Porter | Sons. Rev. Dixon M. Brown, pastor | of A. M. E. Zion church will offi- ciate. Burfal will be in Fairview | cemetery. Arthur J. Kallberg Funeral services for Arthur Kallberg, the five-year-old son Mr. and 218 Belden street when a chiffonier upon which was climbing toppled over strangled him between it and the top rail of a bed, werc held this morning with Rev. Thomas F. Law- Jor of St. Mary's church officiating. Burlal was in §t. Mary's cemetery. J. of who was killed he CARD OF THANK nelghbors for the kindness and sym- pathy shown us in our recent be- reavement in the death our son. ers, Frary & Clark. Signed, CARD OF ’I'H\\I( . We wish to thank all our friends and relatives for their kindness and sympathy shown us in our bereavement in the death of our be- loved wite and mother. Also for the beautiful floral offerings. Signed, BERNARD GORDON And Family, Joseph A, Haffey UNDERTAKER Opposite St Mary's Church Residence 17 Summer S$t.—1625-3 ARE HERE—TELEGRAPH © THEM! ACCOUNTS BOLLERER’S POSY SHOP 83 W. Main St., Prof. . Tel. 888 “The Telegraph -l Fiorist of New Britain” 7 and remained | ford, at 4:30 o'clock yesterday after- | Joseph of Penn- | and | the | Mrs. Arthur Kallberg of | and | We wish to thank our friends and ‘We especially wish to thank Land- | MR. AND MRS, A. KALLBERG. | recent | Wall Street Brie. New York, Feb. ¥ (®—In con- trast to loss of $155,640 in 1926, Century Ribbon Mills, Inc., earned $65,384 in 192 share on the 7 stock. ual per cent preferred 1 Metal Company, Ltd., earned 3 a share on the common in 19 after preferred dividends, against $3.88 a share on the com- {mon in 19 after preferred di | dends, against $3.88 a share in 1926. | Net profit declined to $2,513,764 trom $2,657,309. | Americ Norwulk Tire and Rubber had net of $7,634 for the last quarter of against net loss of $63,898 in anle quarter of 1926, Directors of the Alliance Realty company, New York, today declared !a dividend of $10 & share on the capital stock, payable in a new 6 per cont preferred issue, $2,400,000 [of which was authorized. providing for the stock divi- 1. $1,200,000 of the new pre- rred will remain, and will be of- fered at 3100 a share to stock- holders of record Feb. 27, at the ate of one share for each 10 shares t the present capital stock. Walter Losen, tormerly president was | made chairman of the board and Clarke G. Dailey, Vice-president, was | elected president of the company. | | de B | | The capital stock of the British American Qil lon a $1 annual basis when directors declared a quarterly dividend of 2 nts a share. Former annual divi- { dends, including extras, mounted to | $1.80 a share. Payment will be made | April 2, Directors of the Gulf, Mobile and Northern dedlared the regular quar- terly dividend $1.50 a share on the six per cent cumulative preferred | stock, payable April I to holders of | record March 15, Accumulations on the preferred amount to $16.50 a share. R. §. BROWN IS DIRECTOR New Member Added to Board by Stockholders of New Britain Ma- chine Co. R. & Brown, secretary of the New Britain Machine Co., was add- ed to the board of directors at the annual meeting of the stockholders | this afternoon at 2:30 o'clock. Other directors elected were L. P. Broadhurst, . M. Day, J. I Goss, H. H. Pease, P. K. Rogers, W. §. Rowland, P. B. Stanley, F. |G. Vibberts. | The holders of common stock {voted today for the first time in veral years, all dividends on pre erred stock having been pald. {Wants Liggett to Be A Lieutenant General | Washington, Feb. rank of lieutenant-general, retired, |would be conferred upon Maj.-Gen. | | Hunter Liggett, one of the two lieu- tenant-generals in the World War, under a bill introduced today by Senator Johnson, r\publlcan‘. Cali- fornia. This, in my opinion, is but tardy ustice to a distinguished officer who |vendered the most signal service in the World War, d Sc Johnson. “General Liggctt commanded rgest army ever defending the cause of the United States. His was the responsibility in the remarkable Argonne campaign, and that great triumph was in large measure due to his ab and gentus.” i GETS 2 1-2 YEARS Pittsburgh, Pa., Feb. 17 (UP)— Fred H. Wipf, 43, convicted of at- | tempting to extort $5,000 from Mrs. | William Thaw, jr., sentenced | to two and a half to five years in the Western penitentiary today in the Allegheny county criminal | court. [ | 3 | We, the undersigned,” hereby give | notice of our intention to organize an industrial bank, under and pur- suant to the laws of the State of | Connecticut, and, in contormity with Section three thousand nine hun- erm and fiftyone of the General | statutes. We hercby specify follow to wit:— JFirst. The names and addresses of the proposed incorporators are: | Joscph Gacta, Girolamo P. Tran- | le Antonino DiMauro, Angelo Tomasso, Eftisio Ansclmo, James A. spinetta, Nicola Laraia, S. Gerard Casale, Henry F. Diana, D. | Harry Battistoni, Vincent F. dillo, M. D, | Second. The na ! posed Corporation Industrial Bank. | fThird. The Location of the princi- | pal oifice is to be 259 Main Street, | New Britain, Connecticut. | In witness whereot we have here- unto affixed our | aay of February, 192s. JOSEPH GAE | . TRANCHIDA ; 0 DI MAVRO and state as | is of the pro- FISIO Al JAMES A, NICOLA LARAIA S. GERARD CASALE HENRY F. DIANA, D. HARRY BATTISTONI VINCENT MENDILLO, M. D,/ D. s. | Stockholders’ Meeting | | The Annual Meeting of the Stock- |holders of The American Hardware | Corporation will be held at the office {of the P. & F. Corbin Division |street, New Britain, Conne February 29th, 1 |P. M. ! To consider the Annual Report of the Directors of the Corporation. To elect a Board of Directors for ! the ensuing year. To transact any other business proper to come before said meeting. | For the Directors, GEORGE T. KIMBALL. President, ISAAC D. RUSSELL, Treasurer. to $4.42 a| company was placed | 17 (P—The | nator | the | D. 8, | Men- | hatures this 14th | FEBRUARY 17, 1928 IMARKET ASSUMES BEARISH ASPECT Lowering of Gall Money Rate Inspires Big Rally New York, Feb. 17 (P—S8pecula- tive sentiment in today's stock market was distinctly bearish. Pools ' endeavored to mark up a few issues | in the early trading of the publica- ! tion of unusually faverable 1927 learnings by the General Motors corporation and the Pennsylvania railroad and the drop in brokers' loans, but they encountered large ‘onerlngl on the rallies. Loneflng of {the call money rate from 4 1-2 to 4 per cent also inspired a rally around midday but it was short lived. | There was nothing in the day's/ news to influence the general selling movement which appeared to be based on the belief that the market was over-bought, and that a reaction was warranted on technical grounds. | Several commission houses suggest- cd that the widespread and unfavor- able publicity given to brokers’ loans necessitated a sharp reduction in that {fem before another major advance was possible. Uneasiness over the recent increase in unem- | ployment was off set to some extent | by the increase in building permits and the improvement in the steel industry. Metal shares, which have been widely exploited on the strength of new processes and ore discoveries, | were among the hardest hit. Mid- land 8teel Products preferred broke nearly § points, Greene Cananea | Copper and Calumet & Arizona fell | points each and Mullins Body, Manati Sugar, National Biscuit, Case Threshing Machine, Brooklyn Edison and Transue & Willlams sold | 1 to 5 points below yesterday's final | yutations. Special selling of the rubbers was inspired by reports of large inven- tory losses while the oils lost ground as a result of the recent cut in| smackover crude prices and un- | favorable dividend rumors. THE MARKET AT 2:30 P. M. (Furnished by Putnam & Co.) High Low Close | |Al Che & Dye 151 149% 149% Am Ag Che pd 63% — — American Can 80% 71% 78% |Am Loco .... 109 108 108 Am Sumatra . 57% 556% 56 Am Sm & Re 1773 1743 174% Am Sugar ... 56) 531 55% Am Tobacco . 160 158 1583, Am Woolen . 24 — — | Anaconda Cop 57% 56% 65% | Atchison 1845 1533 183% | Balt & Ohio. 111 110 110 | |Beth Steel ... 60% 57 591 | Cer De Pasco 63% !Ches & Ohfo 1901 C R I & Pac 107% Chrysler Corp 673 |Colo Fuel 155 {Congoleum .. 24% |Consol .Gas ..1331 Corn Prod 67% |Dav Chem ... 39% | Dodge Bros A 18 B s Fleischmann .. Freeport Tex Genl Asphalt . Genl Elee ....120% XGenl Motors .1361; Glidden 218 Hudson Motors 83 Int Comb, Eng 507 Int Cement ... 657 Int Nickel . |Int Harvest Int Paper . Ken Cop . Mack Truck ..10015 | Marland Ofl .. 331 {Mo Kan & Tex 35% | Mont Ward ..1447% |N Y Central ..157 NYNHG&H 614 North Amer... 617% Pack Mot Car 581 {Pan Am Pet B 35% | Phillips Pet .. 36% Pullman ...... 818 |Radlo Corp... 92% Remington RA 30% | Reading ..100% |Sears Roebuck 83 |Sinclair Of1 ... 18 |Southern Pac .120% [Sta ot N J . 37% [St. Oil N Y . 29 {Stewart Warner 8§13 Studebaker .. 63 Texas Co .. Tex Gulf Sulph Tim Rol Bear . | Underwood 653 Union Pac 1943 |Union Carbide 138% | United Fruit . 1371 U S Ind Al .. 111% {U S Rubber .. 51% U S Steel .... 144% | Wabash Ry ... 54 West Elec 951 Willys Over .. 18% ‘Woolworth 813 | Wfight Aero .. 78 x—dividend | | | | 21 LOCAL STOCKS | (Furnished by Putnam & Co.) The Citizens | | Insurance Stocks. Bid Asked ! Aetna Casualty hon ! Aetna Life Ins Co . 5 | Actna Fire | Automobite 1r ‘l{nruord Fire National Fire .. | Phoentx Fire Travelers Ins Co Connecticut General . Manufacturing Stocks. ! Am Hardware b | Am Hosiery | Beaton & Cadwell ... | Bige-Hfd Cpt Co com Billings & Spencer com Billings & Spencer yn ws Bristol Brass .... . | Colt's Orms pae agle Lock ....... | Fatnir Bearing Co Harl & Cooley . | ‘lmlor!. | B Machine .. .. B Machine pfi . Niles-Be-Pond com .... 37 North & Judl Peck, Stowe & Wil u: Scovill Mtg Co . Standard Screw Stanley Works .... Torrington oC com Union Mfg Co Public Utilitles Stocks. Conn. Elec Bertice .... 92 Conn I8 & Pew pfd ex 113 PUTNAM & CO, Members Now York & Hartford Stack Exchanges 31 WEST MAIN ST. NEW BRITAIN TEL 2040 HARTFORD OFFICE, 6 CENTRAL ROW TELEPHONE 2-1341 We Offer: Alabama $5 Cumulat Power Co. ive Preferred Price $97.50 Per Share @Thomson, 55 West Main Street Members of New York an henmn & T« New Britain Phone 2580 d Hartford Stock Exchange Edward L. Newmarkcr, Manager We Offer:— Phoenix (Fire) Insurance Co. Price on Application EDDY BROTHERS & (& Members Hartford Stock Exchange NEW BRITAIN HARTFORD BurrittHote! Bid. Hartford Conn. Trust Bldg, MERIDEN Colony Bldg We Offer and Recommend: 50 Shares Lander: s, Frary & Clark 70 Shares Stanley Works 50 Shares American Hardware Edwin D. Hyde & Co. Investment Securities 4800 Telephones: 1801 136 WEST MAIN STREET NEW BRITAIN, CONN. We Offer and Recommend Subject to Prior Sale: 150 Shares Hartford Times Participating Preference Stock To Yield 6% % Fuller, Richter COMMERCIAL TRUST BUILDING MEMBERS HARTFORD STOCE EXCHANGE Joseph M. Halloran Tel. We recommend: , Aldrich & Co. NEW BRITAIN 1358 Harold C. Mott AETNA LIFE INSURANCE CO. Third in size among institutions. New England’s financial Second in rank among American stock life in- surance companies, _In 1927 earned $74.80 per share on $15,000,000 Hfd Elec Light . N B Gas .. uthern N h Tal Conn. Power . URY BALANCE Balance, 467, TRE. Treasury ARE LUCRATIVE FIELD | Ministers, Though Poorly Faid, Are Splendid Prey For Petty Swind- lers and Confidence Men. Chicago, Feb. 17 (UP)—Ministers although poorly paid, provide one of the richest fields for petty swind- lers and confidence men, according to a survey conducted by the Chi- cago Theological seminary of the | Congregational church. S0 great 18 this menacc to the minister that the seminary secks to train students to resist swindlers while teaching them religion. The seminary saild there was a |clearing house for the dissemination of denominational information as an aid to the swindlers' *“sales talk.'” and that confldence men exchunged “sucker lists” and other informa- tion. ’ Ministerial swindles fell into |three classes, the survey sald—oil {and mining stocks, dublous real es- |tate deals, and rabbit and chicken farms; fake church directories, |spurious magazine and book sub- |scriptions, worthless correspondence courses, and advertising schemes; |“loans™ and “rubber checks." ESTIMATSBS MADE Rome, Feb. 17 (UP)—Army and navy estimates for 1928 show & re- |duction of 147.000,000 lire (8$7.- 781,812). It was stated in eonnec- |tion with the reduction that it was due not only to increased value of }me lire but to the government's determination to reduce military expenditures to the lowest point commensurate with safety. HAYS ARRIVES IN CHICAGO Chicago, Feb. 17 (UP) — Will Hayes arrived in Chicago from the west today and left immediately for his home in Rullivan, Ind. He re. fused to comment on charges that bonds involved in Continental Trad- ing company oil deals had found their way into the hands of the re. publican national committee, of which he was chairman in 1930, s