New Britain Herald Newspaper, August 6, 1929, Page 19

EW BRITAIN DAILY HERALD, TUESDAY, AUGUST 6, 1929. WASHINET"N HNI]S | : ,. i g g Wall Street Briefs SHARP EARI.Y DRUP ‘ reason for the maintenance of high | T & v ; e e B ety tatos v imatt s witr 31 WEST MAIN ST., NEW BRITAIN Requests for Jobs; Unfailing i ey T SR e oeeny = Break in Chicago Listings Ac- TEL 2040 reluctance of banks to federal rve bank is so heavy. Borrowings from the latter institu- ion, to meet the demanc r funds, NEA Servic B R AR ok M| P New Yon Aug, 5 (—Basing call Washington, Aug. 6.—Washington | . 5 however) i1 Eleall rate il p | money rates checked a sharp decline is always aware of the fact when ’ i * the end of the week and remain | in today's stock market. Prices of We Offer: employment conditions are bad over | . : reiltisne by %l resorve . pam | many active shares were carried | the country. When work is scar \e 1 chases of government securities and | down 1 to $ points in the morning elsewhere the situation is reflectcd kel : : 3 : I 3 X eling ot BiniiE tho Gredit|isell ovement, but most of t the thousands who came here it requireme R 3 .- | losses were cut in half, or better, . Tl forrea o e 5 T A SR R e Stamford Gas & Electric Co. than not depending on a congr e . » g Lo | 2 to 6 points above yesterday’s fina man to help them out. gt % e iry The Stewart-Warner (Co. is to|quotations in the early afternoon A good percentage of them wind | g E = 5k - ey Tk build a ple at Belleville, Ont., | recovery. Trading was fairly heavy i T up at the federal employment ser i i : i 2 ¢ S where it will manufacture radio re. |in volume. $ Price on Application. ice station on Pennsylvania avenue. ST R i 2 $ . e sie, ceiving sets. Chicago Break Reason here one learns that a g : ? 2 N ; B 1 = | Early selling was inspired largel more applicants have beeg provids | 3 . 3 July sales of ely Bhoe (by a further break in middle west- with jobs here this yea an I i > X 2 . 5 ~ Corp. totaled %1 2 ase | ern utilities stocks og the Chic vear, there havn't been nearly : 5 AT A y: 3 5 78 per c 1928. | stock exchange, the high m.a“dl‘ | rate on call loans and predictions of | many persons calling around for R Pt SRR . o8 \e first seven months of s Jobs, 3 4 5 A - ey iy N » ¢ J ( 14.479,720, a gain of |an increase in the Bank of England o ! """: ROLASBieIBd A “?“‘“")”l“ g * Sl ¥ 5 v aca T £ last year, | Wall Street recalled that the d Members Hartford Stock Exchange furing the year ended July 1, but | S L dhe . - Aoy s o last year there were nearly 80,000. | oL B . N oy o wo-e 3 : July sales of the I*. W. Woolworth | york stock exchange in March 1926 NEw BRrTane HARTFORD MERIDEN And the greater percentage of i ¢ P % % Co. stores wer hearly 000,000 % = B ; ; 5 ’ o ¢ y and again in the spring of this vea 33 Lewis St placements is shown in the fact : ¢ aredintn i St ie AT ewis St. ! ) prs ! + it} were preceded by charp reactio that this year jobs have been found ¢ LR s : was announ oday. ikt yoe 65 W.Main St. 43 Colony St. 650 persons, as compared in Chicago and many traders, fea | ing a repetition of those experiences | [l Ma—— = This government agency, it appe Rtk e z S i 5 |~ The ease with which some of the has lately been placing half the = - high grade investment shares melt P . ¢ o <l As Press Photo | > kol ;4;1:\.&1][5 instead of only a third as | 2 E”RB LISTS l][]WN" away alarmed timid speculators | We Offer: | who were carrying stocks on margin MI""‘ L»‘ l"ll_,‘"‘l"‘l"y“s‘:"“fi;“'m‘f:",‘ *0- | The German dirigib af Zeppelin arriving over the har at L . J., at the end of Strong buying support appeared ta s been s bis Bt S | When the cal money rate dropped | 100 Shares illding Wprogrein NMnyNOEcE from 12 to 10 per cent, and funds S SIS RS Hoover Dm rines Upon Progtam T e g EO e of course, but the building is going | cong | husiness news to account for any on slowly re is always a | poir Sl [ b1 B e e il ol : 5§ ‘ ONgest u 4 sharp breaks in the Insull group of | the latest batch of earnings and | tors who generally brinz in theic | stocks in New York and Chicago to- | sales reports continued to make fav- % own crews. g Y ] FISon Rebe!_lonsu\ depressed practically the enfire | orable comparison with the corre } S —_— curb exchange list. Selling was most | ponding period a year ago. . ° Sl ekl R T * 4l lactive in the utility stocks which| Detroit Edison, which rallied 50 | Conterring an_ Presitent oo l Birth Record - 2 seaesiie e e e Recrelary of Sate & B Al resident nlargement : d Leaven- |past tew weeks on a few sales. American Telephone the Peruvian Order of the Sun r¢ FRLiPUR de £ tory : X \ vtk Y 5 « # Tt . S Feder: The market opened with moder- | dropped 6%, but e up all but a istablished 1878. i.m\.(: )m; \mln,\tpmv‘ ent o }‘. :ur, t y y R E S 8 on 1 ey ederal declines and then turned sharp- | fraction of ils loss before the end Members New York, Chicago and Cleveland Stock Exchanges. neard in Peru last year which da : e ) i ¥ : " . . : o s lownward only o rally at mid-|of the third hour. New York Cen B o Bld w M S s 'I‘ l 5405 DAci Lo the carly days of tha i o ; L iary in n , thducing the size ot tha losses. | feal Sremmstl 1. wndl aafcidly ralll urritt Bldg.—69 West Main St.—Tel. he Order of the Sun gave @ I o ot i ¥ : i DONEY 0»‘!”1_‘: -hw‘l w' \“ 'H;o‘“ p Donald R. Hart, Mgr. large banquet to celebrate its Eit: | nirs. Wil renewed at 12, al- | Chesapeake & Ohio, Allis Chalm- t 3 Lima’s many cathedrals of | grant at LG x : g i e y % 2 that. th s GOl 0 ea anETe Standard Ga ctric, Pacific A e pair of solid silver can- | pospital L - e i 2 e : = ‘&”":.,.\3 )\»,’,‘,l S 3 L 3 de marlket ‘elephone, Auburn Auto, North (M Will Buy: L tab : P i L rokerage house advices continue | American, Consolidated Gas, Union G prcadlvoniaablc | 260 ' 2%, i i< ng r rt 0 be of a cautionary nature | Pacitic, American Can. United Air- . L e i S : 7 ; 15 1 2 L Aluminum Co. broke sharply, but|cragt, Allied Chemical and A. M. | 100 SHARE suddenly and blew out all ts, \ . At S i the | its subsidiary, Alum mited, | medt 4 fo.8 boints hefor When the windows had been clos=d [y, S C e , as Gy A e lar on | BYers sagsec o & point | ind the lights restored it was found |y, By il L BHE b sufficient buying support appear F.d l.t C f C . Rtiana/o s e ikl aloal st IO : o| " Gult gained sround, but Humble | 'O oM thé decline. - idelity Company of Connecticut BT 3 N Pool Activity Resumed had disappeared. N 3 £ ? 3 2 ld off. Their stocks were inclined A priest quieted the brethren and | gyiiam General \ 1 ; Lo v litoihe suggested that before anything dras- | a\yps. [ouis ! Meanwhile, pool operations were | resumed with increased vigor in 2| 8 > the lizhts be extir kbt to appoint ox 2 | fairly wide assortment of public «um;\»‘; (‘I'?‘l‘v.(; “vlyr' nl\\‘t\) : w-lm kN R . 4 ks v King nguiry utility, merchandising. copper. taoal| ing which the thiet would I = < : € ion. and motor shares. American Water S T . 3 S e | Works was marked up 6 points, "w‘;:h' i b oot 9 TR i e SO BHN[] MARKET LIST‘“AU“K“O“S” Electric first prefer- | ) \ o ere lighted aga Sl e e e o) 1 5 she v red | red, May Department stores 4 1-4, | e = — gy | v st | Toboeo - Blumenthal TP, shed for, h NS | s « h P —_— cks, Newport (‘0. Federal Light oy T I\ . | Funerals 3 ) g . Traction and Diamond Metch 3 | and COMPANY St ran e ey Deaths | =————r [jter iy oo Standard 0vestment Issues|o ¢ “vonts sershes chocolaie, new democratic publl i Hids Jose . 0w Better Resistance Srnctaeine s J 99 WEST MAIN ST. TEL. 6671 RAPHAEL BLDG.. 1 operated by Charles Michel- | I % ALl | ports of an increased foreign de- son the general direction of | John Jedzeniak 1 1 o5 X 2 A | mand fqr the red metal. Anaconda, | Jouett Shouse, is producing results hn Jedzen 4 8 ¢ f g ¢ York, Aug. 6 (P —Although |Kennecott and Greene (‘ananea all St e, i o ot it e s St il X gt o e S BRITISH TYPE publicans and their tarift efforts. O tt v B s ; " B MeLaughl v resistance in the early bond ay’s final quotations by early would hesitate to suggest just how |from 1 lisea t 2 1 at | s S J. W. A nar ding today, recovery noon | T aortthiat niroy S hroug t f t trord {3, c Hayes rday's slump proved to be . S = et o e v b it D iy son S otets T | T seami A 20 e, . INVESTORS but it certainly is getting into the [Who reported Britai 3 o Viotalach e weak spots. Time money was| (Furnished by Putnam & Co.) | papers. lice dep y v morning 19 . 1 i ' 1 v i Vo b | High Tow Close The Michelson method has been | that s issir ' g £ 2 1 e L Convertibles Dep: ~~t':l . Al Che .\‘:t 1‘3»[‘:”" 300% 9 > 2 e 3 e s o : L .| depressed. selling off from the open- | Ameriean Can 165% 181% 164% | e oftered and recommended this ‘n:m’ Ar”;”,\ . £ ; sl | " % o Cli ] 1s stocks declined Am n|Am loreig Pw 147 1453 J . i 3 v . . phone 4125 and International| Am Loco 128 - k ]\ 24 rosa anent some phase of (he pro- | | The polic ; : i ral 1 At e relophone 4165 Tost about 3 points|Am Sm & Re 115 116% 1 stock two weeks ago at Z4. s m”\:‘ A v ! s s 1 Rl but the lower levels failed to| Am Sugar 3 ‘\:w’llhllvw‘:v‘ N:h material on page | tar 1 e RS “”"”'fl“ A “‘Mm Am Tel & 2 one. And eo are quite & e S SrEL ; / L | and American Inter- | Anaconda Cop oday the market 1s aroun 8. republican newspapers. : 1 r oser - ional corpotation 31is were off | Atchison 2 B Goodness knows how many of the | Mrs r ) ¢ lengsto! mor ha point. Alteghany cor-| v i 1 for t v « " i x Atlantic Refin jdeas and words are provid or | tr ! 4 S tirany < 0 McGaherty | poration i fairly fixm; yields | ! Amocrati senators by Nr. M- Ho was brove e o - e tractionally Tl o SOh AR We feel the “A” shares quote ganda effort in Washington for a Jedzen 1, ¥ 1 1 1 ser s a h would be deposited e e e S'in St. Mary's | eorganisation plah. anacunced fo. |EUb Term . § S above still hold possibilities and are worth 1 ) 1 8 5 Can essful from the standpoint of news- 4 L ) v day, moved up 3 points. Other for- " | Brook Man . ed b A Cer De Pasco 2 9 7 paper space. lar es of ¢ € v sugars were weak. _h"_“ & U‘I\‘lo . e d e newspapers 1 E a- | memb 1 | atr The railroad sroup showd a de-|(Res & ON Sia : serious consideration. « E fact J M ) o £ firmness contrasted with i oS v's liquidation. Denver & Rio|C I 1 & Pac ot : ns hew o | < Slalire . 1 a point | Chrysler Corp Mr. Deets Pickett ¢ 10 v, dropped a point [ % weh secretary of the Methodist | Stanl 12 « on liberal offerings and & few minor | C0l0 Fuel Toard of Temperance, rohibition | other n oest 1:}“;. l‘fiflll Lme Ueeslansioctiier i e S henleum e 3 Us 1 > ) Light rights 18188 and Public Morals, has heen Kind 1 : ¢ S e 11, | Wabash Ry % | nufucturing Companies nough to send your correspondent | % |t ¢ | West Elec Vira Co, tom . : is L clipping showing Swiss postal can- 1 ! Ranylssgesalaz (SED ree Willys Over ! cellation marks attacking the ol | Bavicl Woolworth 3 Sotte (Ritan A merioan DRy Chem &2 Rl TR st . Porto Rican-American Wrigh s droppec % to the|Dupont X : 2 bottle labeled 'Schnaps™ and lropped 1 to the| i fpun e Vellow e L a0 . 3 ead Co, p : a's low of 951 and National [ Eng Pub Ser 7 614 ; § o, com : with skull and crosshones, alon . Siaisend Tod ERy. 2 : ) v T the warning “Der Scl hHl[N\\xm\h‘ t 5145 S ¢ 0 v . | rfam Players HARTFORD STOCK EXCHANGE | Au t igerating Co ramiie und Volk:® whieh i trans: | Flay] of Derby Will . . WWWW | ™ Fopelsn bonds and United States|Flelschmann © sus 521, gas ished by Eddy Dros pl e e c bl lated into “Drink ruins amily 3 sua Lo . . nt issues w sady and | Fox Film A .. W Trast Companie : ¢ Co. com .. and (he mmce” OF course. wo Vi U. S T k. ; o T B . . 2 Freeport Tex . 421, ] franisy Co. pid Mohibition on our own statutes, but 15“: . D, Lracks B e 5 So | ! i fotorn sl REAE Asphalt . 87 3 apitol > 8 THINE Gl s Corp s our government has never stamped " e R id . such propaganda on our mail % ey % o : \ Natural Gas Corporation 6 | Genl Motors .. 731¢ PP s et : ase, Lockwood & Brainard _Mr. Pickett's clipping says the R ; : o . ; sinking fund gold honds, | Goodrich Tire . T5% T5% |First Natlomal ; . e Swiss government stamps such a : e i * ? ! 1944, with common stock | Hudson oMtors $51 s e Cosl G i T ;v:~d|1v:‘ L E 3 3 . I warrants. The offering ;“: ;m: . 1 3 71 | Morris Plan Ba er pass| o 4. Hy e Food |Int Nickel New Britain nry at the Swi legation, how e EiaS £oo - b P'roducts Corporation marketed $3,- | Int Tel & A elicits the word that attac 10 not remember receiving mail so als, specialties and utili- 61 00,000 in first and refunding morl- | Ken Cop 22 d I & per cent 20-year convertibles | Mack Truck West Hfd Tr irked and the guess that the spe ¥ > SR 2 i Mo Pac b ! % | Merchants Rauk & | Mont Ward .. 15 Finance Companies ders, A i i f - ; e [Natl Biscuit . st Bond & Mige Co § 5 | Manuing B & Co, Class A e ) 1 i i Real Estate News Natl Cash Reg 17 INTERNATIONAL PAPER ¢ & & 8 IN Y Central COMPANY % & A v 4 . erald and Elizabeth : YNHG&H 119 New York, July 10th, 1929 3 RE i 3 cald has quit-claimed to Carlo [North Amer ..13 ) Ins Co 75 785 kY d G : - 3 salina and Mary Salina property on |North Pacific 10 s Co S 50 The Board of Directors have declared a | . , ) - - Hio Saline Vol aror Gl % it Gl il : quarterly dividend of sixty!(60c) centsa | ¥ i 5 . East strect R 35 R Tl S e a6 share, on the common stock of this com- B . : BV el 1 € Mary Marrinan, de | Dens B 1. : . (Fire) 1us Co pany, pavable August 15th, 1929, to ! ¢ C i &% 2 e cou hax trd red to Catherine | Pn»‘ ips Pet Common Stockholders of record, at the ¥ < o e g9 3 & 8 Supernant, her sister, property, oul foRBIRT M 1 TLY | Lite Cand Other Checks to be mailed. Transfer books 5 2 & $ ¥ * \e of settlemetn filed today. | Radio” Corp AT 11400 will not close. : . " v : According to warrance deeds file | Remington Life Ins o s0(2300 | Standard with the city clerk Michael Ander- | Re2ding fd Steam Boil Insp & Ins Co 800 §10 le curitie son of Newington has sold a lot to Rep I & S ...110% 109% 110 In Natl Life Ins Co 120 Stanley Works, Peterson. The lot is on 4 * ars Roebuck 1617 Ing Co _ 1535 186 Fenn Co ¥ S : 3 < ; Sinclair Oil ... 333 314 | Py e o <o INTERNATIONAL PAPER 5 / . , Stanley Terrace, Sosihirin % ) o s ¥ Hid Aetna R 3 anning 1an & Co, Class B Land Mige & : nal Marine Lamp Co 1 Machine com 1 wderwriters Finan 18 \ Co, Class A 7 lerwriters Finance D1 Kire Insura Insurance | standard Owex Suepnero, Vice-Pres. and Treas. m Turbine Ins Co rights F- 3 rn Pac .140 ilec Service C com ¥ - 5 and POWER COMPANY X i - : Gas & Elec 141% Comn Flec Service Co, conv pid S Envelope Co, com . Boston, July 10th, 192 fi Seventy and cight tenths per|giq o N J . 571 5 Light & Power Co, pfd .. elope, » Conn Light & Power Co, pfd .. G Roat, 1n 1t ot the space devoted 1o geb- [giq O N Y . 383 itlock Coil Pipe Co A It takes a letter four weel » from New York to Santiago, | cral storage in public ware housésy. quarterly dividend of sixty (60¢) centsa + lon Bt Chii by teamchis Ha ! s : £0, share, on the Class A Common Stock of Lace 3 » by steamship, 1 days by airplane. Pie- this company, payable August 15th, Sl : ! tured above flying over Lima, Py, is the first plane returning 1929, to Class A Common Stockholders Conn Power Co, com : P . Stewart Warner 681 67 Conn Power Co, pfd 3 Rickford-Sweet Co, was occupied by merchandise at | Studebaker . . 77" | Greenwicn Water ‘& Gus, pfd .. 5 Winsted Msiery Co . end of May, according to the |Texas Co : '} 3y |14 Clty Gas Light. Co."com .. 87] 102 T . 3 : 1ifd City Gas Light Co, p o 1 1 U. §. Department of Commerce Tex Gult Sulp Teul SICAEY L There were 40,060 marriages i Lol e R TR s ue | O the new alr mail route—lon and most-perilous in the| wThe finest crown in the lot of |‘#im Rol Bear e 0 Tren o oy ” | pertormed in Indiana during 1928, 'l‘[““]',;,’,‘““““‘ 066 DL IRtAR SUBUSYNio \wner. o ‘donis o 1 st | world—which now links f s of the western hemisphere. | Russian crown wels Is decked | Underwood .. 13 2 2 ter Power Co 75! according to the U. S. Department Checks o he mailed. Transfer books (1 10 Lo ¥isit the : Not¢ mous Lin ng, tly beneath the plane in ) car diamonds. Union Pac ] 267§ N Teraphone. : ‘m t(’mrln{ll\v This is in wnl;:,lt kel “II e S Bndiin the distance foothills of the Andes. Ten| - Union Carbic ¢ Conn Blee Service rights ... to the (112 performed in 1927, 8 unt 1 \ g 7 A - proportion to its population. | United Fruit . 1183 | % | Aetna s, new ASies e 3 i usand piec ‘ ol maf were brought into the United States as England is tenth on the list of 1“; Ind ],\”v’ <= 18 . 7 5 e ¥ . « 20Bf 216 I'REASURY BALANCE can m ) the new service was inaugurated, ‘um.ltn s using telephones, U S Rubber .. 477 L L ey Treasury Balance, $154,362,491