New Britain Herald Newspaper, April 19, 1929, Page 29

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DEMOCRATS MEET T0 PLAN FUTURE Raskod Calls National Leaders 7 Into Gonference Tonight ‘ New York, April 19 (A—National Praders of e aemocratic party, femlcd together by John J. R .mational chairmau, will meet at the titz-Carlton hotel tonight to discuss " ?l\z future policies ¢t the party and gys and means of wiping out th 1,500,000 debt incurred in the un- “successful campaign to ciect former 4Gévernor Alfred K Smith president. ' Members of the national exceiti Bnd advisory committecs and a tow wiher influential members of the ‘garty have n invited to attend Ke mecting, Raskob said. It will b: A0 exceutive session, he said, wit. W0 public announcement of the pro- poeding: Governor Franklin D. Roosevent #8 2 member of the exccutive com- ittee. He was in Albany, however and was not expected in New fefore Sunday night. 5 Smith (0 Be Present Former Governor Smith has s d that he Will attend the mect- although he announced that me he wanted to keep in the Background of the political picturs | ¥or the present. he hax declined to | $ttend the annual Jefferson day din- | Geners er at the Hotel Commodore nd Mrs. Euy night. His close friend, view st Y. Kenny, and James J. Riordan contributed largely und were | &ctive in his campaign last summer | fave been invited to the meeting, it fvas said. Scnator Joseph T. Robin r vice presidential candidate last 1. also has been invited. Among the Tmembers of the ‘uu committee are former \tor Peter Goelet Gerry of Rhode lIsland, #ames J. Hoey, Lieut, Governor Her k«n H. Lehman, and Public Scrvic ommissioner George R, Van Namee., | Eunator Gerry, Scnator Pat Harrison caMp of Mississippi, Scnator Millard K. | Verne ®vdings of Maryland, J. Bruce Iio Kremer of Montana, and Jouett col tho s of Kanzas are members of er, v he ¢ committec. James W. Eu ard, ‘trcasurer of the national () mmittee, will Le present I ¢*The democratic national con fee, said Gerard's report to t t the house of represent pent 2.348"in the Paigr < Wad a deficit of about Loans to cover the dficit fanged through the County €o. of New Yor 5 Book B About deticit hus been obit gale of the former a1 paign hoolk &mount about scribed by Tammany qnd Bronx democratic organizitic Yormer Governor Smith met Panmany committee of seven in | office this afternoon. The commit- 26 of seven was appointed by eonfer with the forn rnot 'he others of the a syccessor 10 Ju 2 ‘#‘”m who resigned. The Mitee of the “bi * are Mayor James J. Walker, rogate Jumes Y or Rober 18 with th mer zovernor will be the tween the committee and Tpigh powers of Tammany. [ T.C. (‘avannugh's Suit | Postponed for Weck T. Clay: Cavanaugh, complainunt | 0 @ lawsuit in which he seeks to col- fect the emoluments of th town clerk, ion to w elaims iy electe Epring prepared to when th 1 called ir eourt, postpons week wa ered ove Judge John H senting 1y, Loen give > customary he date of hearing and wa parcd to procecd. Th counsel | en bus ters, it was explained Gavanaugh protested continuance, but in vain. skob. York ho good by uthor hospital tod cu- clerk tive T Veterars D gl were ar- Corm o Y Trust ught to ana | four | w. proce Kirkhs said h corpor v on othe RARE BOOKS ARE BURNED New Haven, April 19 (P—Head's book shop was damaged by fi today and many rare hooks stroycd or badly marked flapies. The book shop. Broudway, was the mecting i former dass for bibliophiles loss is estimated at $15,000 by locats More than 1,000,000 children now cmployed in factori of China, working from 1 bours a day at wages ranging fromn 8ix to 20 cents a day, Lake Compounce B istol, Conn. Connecticut’s Playgrcund Dancing Saturday N; APRIL 29 Music By Bill Tasiilo’s Foot Guard Orche:tr Sunday Concerts Afternoon and Evenin APRIL 21 World’s Best Musical Programs sht } i & \.../.: Cprnint LCTICLY tra Secretary Hyde, Mrs. The Senators lost the opener to the Athletics, 13 to 4. FORECLOSURE SUIT ) .j.,,r ‘Uafll]i[l IN EflURT e Hoover, Mr. ON NEW BRITAIN DAILY HERALD, FRIDAY, APRIL 19, 1929, PRESIDENT THROWS FIRST BALL AT WASHINGTON esident Hoover throwing out the first ball at the opening baseball game in Washington. Hoover, Secretary Mellon, Walter Johnson and Clark Wall Streel Briels April 19 (P—Banking circles hear that Bethlehem Ste:l Corporatien is soon to move for complete or partial retirement of its funded debt of $54,295 The re- ports say the company, States Stee redemption program through suance of new common stock. It is understood the plans arc still in rather an indefinite stage and may not be carried out for months. ring Néws-Record says ds on heavy construction in the United States in the past week indicate no important chang the general trend. Con- tracts let were valued at $75.35¢ {000, compared with $51.451.000 in the corresponding week last year. w York, is- Enginee that aw: operation Reports to Wall street from the Youngstown steel area say mid western t continues heavy, ex- cept in the lap-welded steel pipe d | partment. Little improvement s | cxpected for this division in the | next few months. Wall street bankers report that a [total ot 36,000 in South | America ing negotiated Left : L3 Ci of th 74 Hamilton iz Y proper Prople's t chi ning is W h members of 1l ew Have tivs of 2 All are Kelly, at il for rest hospi overy 1 practicing & and e 5 on the sc za of FINDS DANGEROUS PO AN, polics tion of Inspe ctor olski attend " \N BIRTHDAY party w o Hartford, i wi NEGRESS STABS WHITL April Waterbury, Conn., iment between G0 ye r “n to S m A nd the ind taken to wree ot Alicy reet, is MINSTREL Mrs. Robert Hill of s THAT LOMA—BONE MEAL—SYE Consult BOLLEREIUS “The Telegmph Flo | Shop 483 West Muin st pr biue nt tt senting ss nig n v 54 South street 1s held assault « Funeral . s for here, lar as a result of Presi- dent Hoc goodwill tour. Som of the loans have been closed and others only await completion of final details. The largest of the pro- ected issues is & $75.000,000 bond |issue by the government of Brazil BONDS WEAKEN ON department ! afternon o 4 y of Henry | street, in of Bassett | ork today on | iz NEWS FROM PARIS at S o'clock in il b joint Young and Foreign List Loses Ground But. e Domestics Benefit 1 w Britain i nvite the past f = York bonds liste (P—CGerman stock exchange | reaction to llwl the reparation Paris. appeared in other sections of | forcign 1 which for the last | ks had been firming notice- constructive interpretations carly reparations scussion nd in harmony with a gencral im- provement in bonds. The domestic it from a Laaturities 2 per o D nt for all United Stat government obliga tions responded with advances of the carly trading and Increased buying evidence throughout 1} demestic division as Vestors, nd institutions show- ed inclination to y more attention to the coupon sccurities. German Republican Ts sold The 't ractionall s German and 1ural Loan 6 lost more i s the re- it and the Agricultural | also werr Early transact | of French bonds were at uncha uxJ April on the toda w setback in is not strong physician d £Hr a num- |news of hool hoard. jconferc li- | also Hector | the and)} Lo wer ibly on weakened irring by tostreet Ruther today of the large pole which to sur- n Kelly to notify riv. Anthony 1 o it. s continued to easing in rates. The longer quotcd at 8 1-4 1o | t compared with 8 1-2 | dates yesterday further werc PARTY o the hidoceun at reet last eve- vas banks a ts present Mid Vindsor. games a Bank 5s MAN 19 (P— | P os Demand Good | a 25 year old | Demand for the domestic ir old white tered on the rails, high grad sulted in t1 o8 onvertibles. Atchisor t M the convertble 4lps knife fract’ nally. Hlinois € wor Tnternational Great Nertherr tions scored frther 115 v's ho wound |« 1 in being (o2 a headquarters | chlig s0 wrly this art- of 83 woman, | were conv Zain International onvertible trading in the rtibles and moved up more | All ny Corpora- American Petroleum the strength of this th Pan in reported improve- market for municipais | by a virtual sell-out in | three w he $28.000,000 Arkansas bonds, the biggest pi of long-term municipal financing of | clock 1his | the year. i rs ate | d 25 | kewiez of i Stan- pre Mrs Jvm.u LOAN STATEMENT in Nume:ous Issues Sell O Early; Trade Turns Dull New York, | g of | | | April 19 (A—The Curb Market falt betore unsatistactory brokerage loan st ment published last night, s a reduction of but $2,004.0 totul, the threatened failure reparations conference also ¢ some hesitancy. A long list of or less in issues sold the early tr R utilities, 1 {ness turned dull on the decline, an support came into the market the utilities = making up their losses Gas Tmprovement co small loss into a 4-point gair 1 ‘:\x-nn an Superpower issnes and Bond and higher. El was still he on instrials generally fuctuated “n insignificant manner. Ford of ( wia B moved up 2 points wolr ed heavy. Mrs sert r Wheeler droppe rect were held rin o morning, whi k at St wed 2. International : church, was well supported, moving “t 2 points, and Fox Theaters has been under pressure moved up about oint Co. again gai w high ground in a small turnover. Aviation stocks dull and moved in a Radio stocks were irre casing. while rately hn\\ stors, early ctric In savy in the points Deere lephor up 2 Gaudin, air- of Aluminum were Louise range ular, 1tocKk=- | Arcturus Tube this after- wgue firm B. C. Porter | Gils re ge ally steady to firm, Rev Humble and Gulf ling a little | r. In the mines, Newmont and | 1ps Dodge were firm In the bonds. Harper Mining 6s. & German issue, as heavy in reflect- ing of the reparation imy drop- I ping a half point. Independent Oil 6 inmped nearly 3 points to a new tigh, reflecting the sirength of the stock in the “big board.” RDEN wi MANURE Us Y SHOP t New Britain” | Syl Hill | they are found everywhere. like Umted | , will finance part of the | Unevenness | : | some Junder steady lividual in- | | Colo 'CURBFALTERSON | Fox I sold mod- | A. which | narrow | Zenith | L There are 15 grades of emeralds: | 'FEW SOFT SPOTS | Stocks Move Upward Alter Early Period of Heaviness w York, April 19 (®—Re: ing to easier credit conditions and favorable trade news, the stock mar- | ket moved upward today after an rly period of heaviness resulting from liquidation inspired small decrease in brokers' loans the breaking-up of the reparations con- ference. | While a few soft spots cropped out here and there, the marke rallied under the leadership of th Public Utility and merchandising is |sues. At least 15 individual stocks moved into new high ground for the year. | can cent as ! money renewed at against § yeste peared to be in plentiful supply at [that figure. A further casing also was noted in the time mone mar- {ket, some of the longer dates being available as low as § 1-4 as against 5 wrlier in the cent a week ago. High current earnings and rumors of new stock split-ups and mergers stimulated the demand for the mer- chandis shares, Woolworth, which recently arnounced a 2 1 split-up of the stock. ran up more than & points to a new high record 7-8. Philips Jones 7 [ Kayser also moved into new ground. Traction Shares Active A sudden demand for the Nev York Traction shares, which was not explainable by anything in the day's featured carly_afternoon lealings. Brooklyn-Manhatta sit, which had sur earlier in the session to a new low vear at 64, rallied to 661, and Third Ave- nue, Interboro Rapid Transit and nhattan Modified Guaranteed sold or more points above yesterd 1 quotations. Expectations that the Rumely would benetit the farm relief program of ind the entrance of new into that eompany brought fresh into hoth the common 1 preferred stocks which reached high ground tional Telephone ran nley Co. of America Solvents, Croslev common powder, Rail- points high the for 1h Advance from ross in- issues teres new Tnterr Jints, 11 Commercial lio. Radio Corporation Collins & Aikman, Atlas | Warren Rros, 1 Americen way Express sold 4 to 6 highe Indian selling b up § 6% h % Refining issues ran into it the other oils were Pan-American issues ent Oil & Gas moving ilroad common on tion of stmen Jints 10 r's high nd public analysis of the New England iing nearly wction of the THE MARKET AT (Furnished by Putnan High TLow vithin a fri 0P M & Co.) Close Al Che & Dye Am Ag Che pd American C am Foreig Am Laco Am §m & Re Am Am Am Tohaceo Anaconda Cop Atchtson Attantic | alt & Ohio Peth Rrook Cor Dy Ches & Ohio Chrysler Corp Fuel Pows Pwr Man Pasco Com t Cor % | Carr son Chem RR Iam Playe Fleischmann Im A Freeport Tex o0dr Hudson Motors Int Comb, Int Nickel Int Harves Int Tel & Tel Ken Cop Mack Truck Marland Oil | Mo Pac Mont Ward Natl Biscuit atl Cash Reg 1 N Y Central 154 NYNHG&H 8 North Amer .. 1041 |North Pacific 1923 I Pack Mot C Penn R R | Phillips Pet. Postum Co b Serv N | Radio Corp | Remington | Reading "(~ plas cars Roevuck 1547 inclair Oil ithern | std Gas & El td Ol N J Std Oil N Y Stewart Warn Studehaker xas Co ! Tex Gult Sulph S43 | Tim Rol Bear . 823 Underwood 1 1'nion Carhide TS 661y S Rubber U S Steel . | West Elec Willys Over | Woolwortn Wright Acro i Yellow 248 4% LOCAL STOC I\S (Furnished by Putnam & Co.) Insurance Stocks Rid Aetna Casualty . 104 Actna Life Ins Co 14 ‘\vlni U6 covonccaa. 810 Acked 1445 820 for | t generally | week and 9 per | Hius | BurritHote! Bidg. Hartford Conn. Trust Bldg. Members New York & Hargord Stack Exchunges stk | PUTNAM & co 31 WEST MAIN ST.,, NEW BRITAIN TEL. 2040 WARTPORD OPFFICE, ¢ CENTRAL ROW., TEL 2.1149 Hartford Ga: Ccmpany Rights (When Issued) Bought and Sold Members Hartford Stock Exchange A HARTFORD We Offer and Recommend Aetna Life Insurance Descriptive Circular on Request “Investments lhat Grow” MERITEN Celony Bidg EDDY BROTHERS & & Fuller,Richter, Aldrich & Co. COMMERCIAL TRUST BUILDING toseph W MEMBERS Halloran HARTFOR D STOUK JNCHANGE Harohy ¢ EW BRITAIN Moty The Puichase of Fidelity & Deposit Co. ~ of Maryland at this time would be an excellent placment of funds in our opinion. ! is recommended at the current market will A statement of the reasons why this stock be sent you on request, or a representative of this hcuse will be glad to call and zive you the facts personally. @Thomson, 1enn & o. \P\\ Britain ’hone We Offer: Hart Hartferd Steam B 0 by on Al Fire 1 x Fire | Natio Pho! Am H Arow-H Munutacturing Automatic Voting Machine Members of New York and Hartford Stock Exchanges 35 West Main Street 2580 Prior Stock to Yicld Approximately 9 Per Cent. Price en Application. BODY NOT IDENTLF 1D the unidentified 1 on the railroad Ntk are 0 rt & He s Ins Co | Billings & ey Worss Torringt Union eder- ROTARIANS NAME Hartford Hodges o overno striet, the | conference H i']‘mmrs Fa 1 Pow & blic U tilit FREASURY Real Lstale \ ews anty War . tis HODGES April 19 €T~ Verno New Haven wa or or r of the 1 cl session of the spring Hotel Bond James A. Gunn of Muss, il be e of the t week rtaking wing- ester- re- ureau h to « Bank is to York's e tallest h ch indred and built in a

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