New Britain Herald Newspaper, June 4, 1928, Page 9

Stock Market Today Has Become | World’s Speculative Playground‘ Every Class of American Life Represented in Lists of Those Who “Play the Big Board” in Hopes of Making Money Quickly. STANLEY W. (Associated Press Finaucial tor) v York, June 4 P—The stock market, once the preserve of big business, has become the speculative playground of the world. Actors and automobile sulismen bankers and bootblacks, college pro- sors and clerks, dactors and door- men, society matrons and st nogra- phers—rich and poor cverywhere— have put their surplus funds or sax- ings into sccuritics and created th greatest stock market in the history of Wall s Each busi duy the cyes of tens of thousands of persons are fo- cused on 7300 stock exchange tick- ers, located in 157 cities the United States and Canada, as they grind out the rapidly changing fhie- tuations of hundreds of stocks with e message of hope or despair. Thousands of other persons center their attention on the 1,200 tickers of the New York Curb market, seat- tered among 22 cities east of the Mississippi and in castern Can and on those of the Chica Philadelphi: er 1 . Boston, ancisco and oth- San F exchang, el murket BOsSiD has hecome a common subject of conversation over countless dinner and bridge tables, on passenger stcamships, in Pull- mans and in numerons other p fn many of which stocks or honds were seldom mentioned before the present big hull market broke its way inte the front pages of the newspapers, Finaneial p of newspapers, skimmed over and sel- dom read by many readers years aco. now sy of absorbing futerest to millions of persons In New York, hundreds of shop girls qnd young men in the low al- aricd class ol seen running over the stock tables in the subways and on connter: ns almost as intently as bankers, hrokers i other men of affairs. Nome of them tmrn to financial S “just 1o sec what the boss's stocks are doing while others frankly confess that they 1 ken flyers in the mur- ket, and curion Grplane issues the mest popular of ti r stocks veral of the large commission houses have cour d 1o dis part of onenly attem ge speeulation on 1he persons of small means by demund- img full payment in cash on small lots of securitics, or a winimum credit balance of $1,000 with 23 to 50 per cent margin on securitics purchased. denands liave heen readily met."and the fact that 144 mutu vings banks in New York showed a net loss of £15,- 5 in deposits du April has been construed in somvs an indj ion that ave been used jor the curities Women, wlho wer broke quarters as sueh deposits reliase of [ ely seen in g¢ ofiices years ago, are now & big factor in the market, In New York city, one large fivia hast de- vated an uptown office exclusively 1o their use and others have sef aside special rooms for theni. Scorcs of | women pay duily visits to these offices and play the market like sia soned male voterins, Brokers port that women arve more i to play Jmnehes than men, but 1 they also possess greater siaving qualitics in stocks which they have yeagon to helieve contain sprcial merit, While speenlations bes heen primary factor in hrinsing ahont 1) Yecent geries of 3,000,000 and 4,000, on e markeis, and the inereose n brokers' loans from $3,138,786,- Goiat the end of January 1927, to nearly $5.000.000,000 at the end of Just montin, there has @lso been an SCIENTIFIC BABY CARB Bathing His Highness MATERNITY CENTER ADVISES THIS CARE OF BABY GARMENTS NEW YORK,N.Y.- Famous through- out the United States, the Maternit; Center Association of New Yorl teaches thousands of mothers the best methods of infant care. At the Center, everything cone cerned with baby—clothes, blankets, bottles, toys—is wahed,m Lux. ““Many soaps contain alkalis harme ful to a baby’s skin, if the soap re- mains in the garment,” these experts say. “Analysis has shown that Lux contains no harmful alkali. “Lux is also a truly sanitary form of soap for use with a little baby’s things. Unlike cake_ 80ap, the same Lux is never used twice.” The makers of Lux take pride in making the tissue-thin Lux diamonds fust Jinle purer and finer than any- thing else, so that bahy's things, as well a8 mother's, are safely, easily wushed in the instant, sparkling Lux suds, ing in stock {eredit, but the {into new high grownd POLICE TRYING T0 * LOCATE TAXI MAN ine Lormous buying. Despite the widespread — public participation in the market, leading brokers report that speculative ac- counts are unusually well margined, and that hundreds of thousands of shares of stock have been paid for and taken out of the market. This in investmen seems 1o be borne out by the steadily inereasing number of shareholders in the country’s leading railvoud, pub- lic utility and industrial enterpr ding in the New tivs markets has reac York secnri- Led world wide proportions, thousands — of orders pour over the private wires of hrok- ors from all sections of the country cach day while scorcs of othiers come by cuble or rvadio from Furo- pean and Asiatic capitals and ships at s, Several of the large arket operators who have made trips to Iurope this year touch with the the & thre have kept in daily market by radio on frequently receiving sets of quotations 1 four during the market session, and lay buying and selling orders have been placed as a result of advices v ceived from associntes in constant touch with the market at home, The transatlantic telephone also has heen used, a line to Berlin being held open not long zgo while a customer in the German capital placed his orde received his confirmation—all in the space of a few minutes One outgrowth of the epeculitive mania that has been sweeping th country is th establishment of scores of financial advisory and tipster scrviees, a fortun; which have reaped for their eponsors. Some of them are legitimate in character and make an honest cffort to give correct information about securitics, but a large number mix their so- called investnient counsel with subtic propaganda and for th stocks of undeveloped minir companics, sale of and oil Wall atreet was totally unprepar- ed for this sudden outhurst of speeulatiVe enthusiasm, which s clogged the machinery of the stock exchange brokers and clerks working overting for monts. Abbreviated stock bols elimination of odd lot tr; tions from the tape during t and has kept ousands of sym- nsa ading hours, speeding up of the pric recording mach v. Saturday holi- days and shortencd market scesior (1 have been tried and found win ing to meet the problems that ated by the heen e a- enormon Bear tryin have lost to fight the gens Tors millions ral tr they conid net cor nd b ty g the peychol market cderal reseryve sold se- curities, thereby withdrawing funds from the market, and have raised re- v of " the banks haye discount 1ates and permitted the ex- vortation of mearly $500,000,000 in 14 sinee last Soptember, in an ap- parent effort to strict speculatiye market has swept on Searching for Slayer of Mary C. Mahan Boston, June 4 (UP)— Police re- doubled cfforts today in their search for John Tar 24, former faxi driver, wanted as the alleged slayer of Mary ( hian, whose bullet- Erididled body was found Friday in a Milton sandpit. Syrian colenies in South Boston, Peabody: Saleni, Lawrenee and pekton wore combed in an effort to Jocate the former pugilist, but to no avail John O'Fien, tuxi driver, who {eonfessed to driving the pair to the leath scene, is being held by police las is Nicholas Tartar, brother of the bunted wan, O'Brien is alleged o Lave told police that Trartar went to his brother's house in Randolph ifter the shooting and told his brother he had killed the girl, Police Jewrned last night that Tar- tur had made two aftempts on his own life recently. On one occasion he shot himself while in a south cnd restanr P the girl had dvelured that she would have noth- ing further to do with him. On the other occasion he drank half the contents of a hottle of iodine. Authorities exnressed the opinion that the crime was not premeditated | and that the slayver had killed th sirl in o jealous fronzy. The erime | wits one of the most hrutal that has taken place in recent years, they tid. Indications were that the mur- | Aerer after killing his vietim with one or two shots continued firing into her hody until he had emptied | his gun haw and Mm;re -l;venl Doo'r Closer Improvement MGE 1 MANNING CWashington Carrcsy N, 1 Washington, D. €., June 4 and Wallace 1, ain inventor eraidy Dun- Moore, , has just been anted a patent by the United | States patent offi for their joint invention of a hold-back device for | automatic door closers. i The device conslsts of a spring | mechanism which acts automatically | when the door is hrought In a ce tain position and checks the opera tion of the closer. They applied for U patent on the device last Septem- | ber and in granting the patent the | patent office recognized five claims | for new and patentable features. | They have assigned their ifterest | haw in the invention to the American Hardware Corp. of New PBritain. in the opening religious services here last night of the 115th annual con- | 115TH ) CONCLAVE Schenectady, N. Y. June 4 (UP) ~—Delegates from practically all | commanderies in the state took part | Aave of the Grand Commandery of Iinights Templars, state of New York Rusiness sessions startsd today ftor an address of welecome by Mavor Henry C. Fagal. | NEW BRITAIN DAILY HERALD, MONDAY, JUNE 4, 1928 'Y T i In Michigan, Indiana and New |ent. Spraying and white washing |UIV L !trees are recommended by the gov- | . ernment agricultural department; Members of the local Gra room for five days by extremely |motorist as the victim. Three youths pinching off of twigs upon which observe Memorial night on Uesday | painful attacks, which were mnot | their faces covered by handchiefs — ©ggs have been laid also is recom- evening, June 12, according 10 #B|gangerdus. She was able to attend |and two of whom were armed, stag- Emerging From Ground {o Ban- Collusion Charged in Landi today was resuming her normal ac- ANOTHER AUTO HOLOUP $ tivitics. | Meriden, " June ¢ ®—The third It was stated at the polace that automobile holdup in two weeks oc- she had been confined to her bed- curred here last night, h & locy) g will | mended. The department warne afinolu'jvc_l\"fl'lt_ by Mes. C. C. Ruwh‘v.‘u,. Rumanian academy's commem.- ¢d the holdup, which netted about gainst pruning of young trees this v;orl hy chaplain and chairman of orative session to the late King $45. The victim was sitting in a spring or fall if they have been mo- {the committec in charge of the ar-| Ferdinand and her | Parked car in a lonely section of the e { i e8| i ’ leted Byl dindas $ !ranlg.-‘nmns. The program, which | EIend TN yesuming city when the three holdup men The last time the 17 year locust BM F L |inclul eral vocal solos and Tate Gika o wage Tushed out from a clump of bushes. que[ on Green FOl]age visted New Britain, according to 6 KTom Liners selections by a mixed quintet, fol- |, [A1° 1M Abril Queen Maric was lows: Song by the members: reading (il With an attack of lumbago at those who remember the event, trees Balcik on the Black v o the = Sea after a | “Whor-rrgegerea” o sound as of dnd ehrubbers in - the sinanal York, June 4 P —Police offi- ?.{".f]‘:(xtt vrolm":l‘.l,-mm:fiu‘:‘f.~u‘:§‘v’f\l;‘.;rlrj foumge o Cyprus for her hanith | R lins F et annl e 1]‘”1‘1:h~|[m‘x|||'z’:: L\“;“'I'm stripped; et ooy York joined today by the Lord's pr Vocal solo, | She cancelied all audiences at that resurrection for the 17-year 10cUst s oo K Polon, Waineight Advises With the federal government in an | “Crossing the Fred Wilson, | ¢ here. Emerging from their under- “There ds little that can be done investigation of alleged collusion by | ST.i reading by Mrs, Katherine Hos. | e e et ground slocping places: where they o ward off the insects.” said former . Civiltana, customs guards and marine | (ord: vocal solo by Miss Sally Tow. | TOWN ls BOOMING have lived in a dormant state for the | park Superintendent Ralph B. police to smugsle liquor from trans. |1e¥: memorial address, Worthy Mas. | past 17 - years, these pieturesque, wWainright, this morning. Mr. Wain- atlantic liners ter k. H. Erwin; decoration of the' beautiful but devastating insects | vight said the only thing t can be Police Commissioner Warren con- altar by the chaplain, assisted by President’s Decision to spend Vaca- lave arrived in - New Britain. They done is 10 feed the locusts stomach ferred with Deputy Chicr Jnspectors | Mrs. Ruth Rowley, Mrs, Hazel Aik- will live their whole active lives, de- jioison, Arsenute of lead, he d, s Valentine and MeAuliffe regarding | *n. Mrs zabeth Stowell, and Mrs, tion at Bru Wis.. Makes Place velop, eat, mate, raisc young ones, a good thing 1o spray o foliage to the part police of the marine di. |Clate Hounchell; selection. “The 014 X grow old and dic within the next SiX LIl the insects, but one must e vision might have played. Rugged € quintet composed of | Very buportant Now. ks, tremely careful not to get it on fruit. The confercnes at police head- Mr: d Wilson, Miss Sally Row- | Wis., June 4 P —The 100 "hie Tnsects were seen vesterday in “Clierries will he ripe in a few auarters followed suspension of 185 |ley, Fred Wilson, Robert and i Sts of Ahis tiny villige ot a8 at least two places in the w weeks, and 1 wouldn't advise getting United States customs guards. R. 8. Deane; readi Mra. Edithiy,aines ana cabins ane hine on of the city. A man build 4 Per- urson of lead on cherries now,” Philip Elting. collcctor of l,,..‘l». liott; song by th members, and |1y, ereatest wave of prosperity in gola saw clusters of them, while Ju. saijg port announced that the suspensioms | benediction by the chaplain. I the community’s history. tlong the old canal west of Barnes- “ajthouzh we don't realize it, the ¢ame afler several weeks of undor ince Brule was sclected as the dale und towards Weither iy our hest friend,” Mp. cover investigation hy agents from committee appointed ot algie o the summer White Hou: swarms of them W Wainright continued. 1t is not o the treasury department at Wash- | 1own mecting last fall to secure a rants have skyrockeled 700 per cent have mot yet become active, but are comfortable, but as long as it re- ington. Iuvestigators implicated | nt memorial for the Center|qyaging for business sites was fever- g emerging from the ground, 1eaving mains damp and chilly the locusts marine police, 15 purchased through George g : 2 holes ax lurge around as a pencil and will not hecome so active. Many of | The suspended guards are all Hunbury, a large beulder sult-| yy1oro the county highway turns A::ifilf‘or ;‘;"::{'{,“;;’:‘t:e?m are making for the nearest trees OF (hem will dic without doing any 'from the docks stretching from 14th able for holding a placque on which .1 \innehoujou toward Cedar Island o S i : ther foliage, where they found ST stre 5 . o : i s ; ) 5 pains, but be sure it s genuine Bayer; other foliage, where they w ouddamage. 1f the weather hecomes Street to 2ird street, where the big the honor roll will be placed. M lodge, where President Coolidge will hanging yesterday, still slightly dor- yeal hot and mugey so that the in- transatlantic ‘iners berth. Across | Hanbury learned that a large bould-{gpend the summer, there stunds a that name mast be on the ;-:kau n few more daye of liot got & chancs lo Lecomo achive, |{hose docks and lnte thie eeflars of |or lad been shipsed from Beston 16 nian sabin, which rented for S16 - and on every tablet. Bayer is genu- weather and they will be winging then is the time to fight them.” New Yokers who could afford to Hartford and was then found 10 be jonth fust vear. Today the rental ine, and the word genuine—in red— their way over gardens and fruit The eternal vigilance which the pay the price flowed the finest ho(- unsuitable for the use for which 1t was $100 a month. is on every box. You can't go wrong trees, much to the detriment of all yuodern farmer has learncd to main- | tled goods of Europe, the investiga- was intended ¢ commitiee was. A young woman from Milwaukee if you will just look at the box when e hings. Even yesterday a few tain is hodping «liminate the ravages tors sa notified and it immediately purcha found an empty store which s} you buy it: empty shells were found, indicating of inscets of all kinds, the former | ‘They said that the police demand- |ed the stone, sought to rent for a gift shop. The {AL thovad vance guand s taklng 10 city ‘offiaiill ataten’ He oallsd at- {edliand recelyed #20'far each case| It has bosn. ploced dn! the e owner asked $15 a mont! the air already, fention to the fact that most damuge they allowed to be unloaded while of the pa One side is vert “Well,” replied the woman, “T'll cicada or 17 year locust js done in outlying sections where 'the customs guards received half |and larze enough for the sonor roil. have to ask my husband first. I’ emerges jrom the ground as a grub trecs and shrubbery get little or no , that amount. Even at $10 a case | the committes thinke. let you know. or worm i shell like armor, from attention, while on scientifie farms | the investigators estimated that a| The members of the committis he returned the next day, but which it proceeds to divest himself, and city parks wi spraying is ' guard could often arc: Nathan C. Avery of Elm Hill. meanwhile others had bid up the much like a fat man struggling out donc as a regular thing, there is little | make his vearly pay check in ono | Mrs, Samuel Waiters and Robert H. price to $100, of a It Nitting suit of clothes. He oviden, of damage by insects. 's shakedown from the smug- of the Center. leaves a bole in the ground and on “Even then, one must wateh all the S, —_— LD DIES lis trivels up the nearest tree leaves time, there is something new cvery The under cover investigation was Queen Marie Recovering Putnam, June 4 (UP)—Albert H behind him the shell, still in the year” he suid, [ brought to a sudden close when one Sl y Mansfield, former logislator, died at shape of the living inect, sURg:sUNg | Many sprays are good, Mr. Wain- . of the federal agents was recognized From Neuralgia Attack i3 home nore Sunday in his 650 nothing quite o much as the ghost right said. While admiiting that by ® suspected guard. Otherwise| Bucharest, Rumania, June 4 (P— year after a week's iliness with an- Amirints "8 of the creature, there was some question as to how at least 40 guards would have heen | After a sharp attack of rheumatic | gina pectoris. Ho was born at Web- 18 e A When it first - emerges from this valuable the practice of white wash- invelved. the investizators believed neuralgia, Queen Marie of Rumania |ster, Mass. skin the loeust has small, white, al- ing trees is, he said there is no doubt less wi most u day gs. Before € white washing destroys larg I8 over these wings have grown large quantities of ¢ 8 IUSSes, ind strong, and the cicada can fly Mr. Wainright has little faith in and buzz the theory th the carbon monox- After it assunes this winged form ide gas from automebiles on city the locust enjoys only six weeks of ots Ips drive out the inse oty open air lite, The females begin at Bt e Do Not Blame Your Heater purpose, thus causing much harm. SR The hateh out in a few weeks, e [l producing small grobs which drop 1o One Killed and Another Badiy In- lf Y our House ls o e — the ground, and, following the roots g - of Hk \ym, plants ;Hm'm\ vyfl ”v h Jurod When o S Rircs Rage in 8 the surfuce, For 17 years they South Boston District, main underground, o sionally go- i cper, sonctimes from two to Boston, June 4 (UP)—One person eight feet deep. At the end of th was killed and another badly injur- long sleap they approach t finally breaking throngh arface During the vd, When two fires raged in congest- 1 scctions of South Boston yester- Perhaps You Do Not years they are underground the 2 moit four times, the first time a year The first fire was discovered in a ol R B e e s erate It Properly then two years later, then three | wutomobiles. Two alarms were years afterwards and finally four sounded for the blaze which was vi tor 1 The front legs of the 500N put under control. srub while underground are strong ~ Before the fire was extinguished LR ; 5 g ind its jaws are of the cutting the alarm was sounded for another It is just plain foolishness to think of chang- tHis being to help in the dizging - Dlaze in a stable not a quarter of a process. The insect after it reaches Mile from the first. Frank Donahue ot ing— ” the air ix botween an ineh and a halr ©f South Boston was found asleep in ing your method of hcatmg before you know 10 two inches long. Tt is black, with | @ corner of the barn. He had been orange on hdomien, and has six Padly burned and had inhaled a red legs, Bright red spots on its GuUantity of smoke, He dicd on the head rescmble tiny headlizhts, It has ' Way to the hospital. | whether or not you are handling your heater right 1Wo large wings extending buck be. | ladderman John Maus of Dor- vond its body, by which it can he | chester was badly cut when an axe yicked up and Leld, These wings are SiPped while he was working on vh-( Don't blame the heater. i TR o roof of the burning building. 1 net work of orange blue yeins, and ire marked with a distinet “W.,” The “W* lias @ peculiar appeal to supcrstitions and i less en- ken 10 be a coming wars. Others mer like webs, with Take advantage of the expert advice which New Britain Coal Dealers will gladly give you. ANTHRACITE uarD) COAL @ The Clean—Safe—Economical Fuel g i peopl lightenced ages wa prediction of © bel od that there is i danger- ous “sting” to the inscet. Outside of | the fact that they are ruinous to crops, the locust is harmless and is considered a great delicacy by chick- cns and other poultry. It does no harm to fruit trees or crops, it is 1. except to rob them temporarily of their foliage. The 17 year locust is at home in Connecticut, New Jeo , Pennsyl- vania Maryland, West Virginia and parts of North and South Caro- MEAT MARKET SPECIALS TUESDAY and WEDNESDAY Any one of these dealers, whose names ap- [ pear in this advertisement, will send a heating ex- pert to your home to get the best results for the least cost in home heating. This man will inspect vour heating system, tell you how to operate it Best Center Cut e 7. and what size coal to burn. I Take this expert advice it is free and will save you money l Ask Any of These Dealers ,2 ‘ | H A M s SHANK HALVES L8 6to7 b, Am& BEEFLIER 4. u 25 HAMBURG [ ] 290 ¢ B¢ There is nothing that will equal hard coal as a safe, dependable, economical fuel. The services of this expert will not cost you a cent. i e The Citizens Coal Co. The Shurberg Coal Co. | The City Coal & Wood Co. United Coal & Wood Co. C Universal Coal & Weod Co. ew Britain Coal & Wood Co. Stanley-Svea Grain & Coal Co. Plainville Lumber & Coal Co. CORNED BEEF Sliced BOILED HAM P ——— —