New Britain Herald Newspaper, September 10, 1929, Page 19

rr— | —i E EE—— — ORDER NEW WALKS FOR MAIN STREET Tmprovement From East Main to North Decided on At a meeting of the public works last night a forecast of important improvements was made when the'board voted to order the property owners on the east side of Main street, between E Main and North streets to install con- crete walks before their properties. The action was taken upon the pe- tition of M. Birnbaum, J. H. Clark, J. A. Kloskows M. T. A, B. society, A. D. Lipman, Frank Nair, board of A. Cieszynski, Mary Kalinowski and P. Michalowski, all property own- ors Another improvement will be made, which City Engineer P. A. Merian said would he necessa for next year, the resurfacing of Kast Main street. The matter was brought up when a request from the Connec- ticut Light & Power Co. for permis- sion to install ducts in the East Main street subway, was heard. The work will not be started until Engineer Merian has had time to investigate and make a report. The final step in extending Mon- oe street in an easterly direction mea of shortening the di between the two main high- South Main and Arch street, en next week when work e street will be resumed. Tt is ry to erect a retaining wall and a steel fence will surmount the 15 a tance ways, The board voted Monday to award the contract for furnishing the for the street extension to ihe Coal and Wood Co.. pipes the lowest lder. Tt also approved a petition from Effisio Anselmo for the in- stallation of four additional pumps at a filling station at 412 W Main THREE HEARINGS SCHEDULED Hartford, Sept. 10 - Three hearings are scheduled by the pub- utiliti commission for 10:30 a. Monda ptember 16, on ap- ations of the towr atford ord g an com- ion to require Yor & Hartf Railroad uct drains. also scheduled for 19 at 10:30 a n a petition of the railroad for 1 proposed change in the location of ¢ railroad tracks in the town of Guilford AN FOUND ON STREET NEW BRITAIN DAILY HERALD, TUESDAY, SEPTEMBER 10, 1929. - g s glalerd 19 WEAK FROM LOSING BLOOD Cuts Two Inch Gash in Wrist and is Removed to Hospital By Police Suffering from the loss of con- | siderable blood, a man whose identity could not be ascertained by the police and New Britain General hospital authorities last night, was reported resting comfortably today. He is said to be Joseph LeBrech, | about 45, of 158 Main street, Lowell, Mass. He sustained a cut almost two inches long in his right wrist when he fell on a broken bottle late vesterday afternoon, Officer Anthony stach moticing him on Elm street near Paradise park Weddings FUOCO—KLINKO Goldie H. Klinko, Julia Klinko of Mis of Mrs. daughter 30 Griswold street, and Anthony F. I'uoco, son of Mr. and Mrs. Pasquale Fuoco of 61 Clinton street, were married at 9 o'clock this morning at St. Joseph's church. Rev. John J ane per- formed the ceremony, Alice Primi- ani was the broidesmaid and Emilio Primini was t e hest man Municiéaj (.ol[ k‘oul'se Fund May Reach $20,090 Acknowledgment cards conta the thanks of the committes ning for sub- as an official verification of sub- seriptions have been prin v the municipal golf committer and are being nt out by mail to sub ry Ralph H. Benson of the Chamber of Commerce today an- nounced that there still are 15 to 20 per orking on the drive and it is to ive at least $5 The fand now is approxi- mately $17,00 OFFERS BALLOON PRIZE St. Louis, Sept. 10 (P—Alan R fawley, millionaire New York sportsman, who in 1910 se a he present i distar z Americ ord of 1.1 the Gordon Bennett intery balloon rac today announce > of $501 cash its equivaler the pilot who breaks th cord in thi yea which starts from | Loui 25, Hawley will ref leree .. ptions and at the same time serv- | | Birth Record | A son was born at New Britain General hospital yesterday to Mr. |and Mrs. Bdward Staley of the Glen | apartments. A son was born Saturday evening | |to Mr. and Mrs. Albert Coveleskie of 447 Ellis street g City Items For good plaster, cement and pipes, call 415. Stanley-Svea Coal | & Oil Company. Menus & Birn- baum.—advt. A danghter, born vesterday after- noon at New Britain General hos- pital to Mr. and Mrs. William Mur- ison of 300 Chapman strect, died about 11 o'clock last night. The police were notified today of the return of the operator's license of Erwin Baumgartner of 32 Judd we and James Young of 189 Hartford avenue. Mrs. Floros of 14 Willow street, CHILD BADLY SCALDED Dish of Hot Starch Spills on | Month Old Boy Now in Serious | Condition at Hospital Donald Letourneau, 18 old son of Mr. and Mrs. tourneau of 250 Washington strect, | was badly scalded about the face |and chest by a dish of starch which |he overturned this forenoon. H: | was removed to New Britain Gen- | eral hospital, where it was said |fears for his recovery are enter- tained { Dr. George Flanagan who is at- | tending the is the worst ever had months Philip Le- case of scalding he Two Inventori ies Filed | On Probate Court Record | Inventories of two estates| amounting to $7,300 were filed in | probate court today. One was of |the e of the late August . Gus amounting to $5,175 and consisting of real es 18 | infant stated that this| ate, $4,775 and | Wall Street Briefs New $1,000.000 in gold is coming to New York, Sept. | York from London on the Olympic. | { The importation is being made by |the Commercial National Bank and MARKET SAGS S ——— BULLS LOSE FIGHT See-Saw Movement Results PUTNAM & CO Members New York & Harsford S:ack Exchanges 31 WEST MAIN ST., NEW BRITAIN TEL. 2040 [ Slight General Decline e Wall Street is again hearing re- | ports that Bethlehem Steel corpor-| o York. Sept. 10 (F—The stock ation plans to retire part of s ..ot avternately blew hot s We Offer: {funded debt with funds obtained | (o4ay as opposi forces | through issuance of additional com- | giuazeq for control of the price mon stock One report mentions | jovement, but the list generally was C NN ENERAL about $10 each in the ratio of one qemonstrations in a few high priced |new for every three held. The cor-|spacialties. I 1 mid-month [poracion's bonded - aebt, tncluding | cheni piach Vor % LIFE INSURANCE CO | that of subsidiaries, was $199,421,- s ¥ it 172 on December 31 I —- | effect on bullish sm Soot S The Rank of Bogota, Columbia Gold Purchases Annomnced Price on Application. {is to send $3,000,000 in gold to the| Purchase of about 2,5 .\'wm 1 Hanover Bank & Trust gold in L r shipme company of New York in Septem.! York was announce — e ber d October, ratches, despi tederal reser ir, complained last night o Offi- | pers estate of $400 and the| D¢ MO ”'«‘«j:,,r,r,{\« L‘“,i“’ e : E B E Co John W. Riley that her 10 year |other was of the late Charles Brad e fi;r nn; '“”“‘m ,o‘ ”“ Heavy DDY ROTH RS & d old son had been struck on the |lev, consisting of real estate amount- | ot HAL P 976 BRIt 2 income tax pa Members Hartford Stock Exchange bead by a stone thrown by another [ing to $8500 and personal estate|® o« 0/0°TS’ approva are like TFORD boy. The officer found a slight cut |amounting to $1,325. The apprai e e porary credit sirair New BRITAIN HAR MERIDEN ons 2 : roductior cotton cloth dur- e el I s on the boy's head and had him |ers of the Gustafson estate were|, 4\ .ot totaled 307538000 yards| .\ i0¢ advances ‘ook T : 33 Lewis St treated at Noveck’s drug store | Adolf Carlson and Aaron Danielson | ‘5 s S Pl ‘“[Zq few issues which 1 W wall 65 W. Main St. < . J 43 Colony St. Herman ~Dittman complained toand of the Bradley estate, Herbert | .0 “'% 00 5 P10 0 HETES &) atreet Doyl ;:‘m'm'r 14.:1\\:.rr1V_A\1|vs7A\nsL\ hf' "mmn . Camp and \}Hlmn} G. Dunn, Cotton Textile Merchants of New »lru\v“.:’(()”4§”. 2 \at four boys went through his E= = 4 Tl ST vkl s ivee vard and damaged a “not a public CITY COURT JUDGMEN S e O NCRTTS r e Navit | Among several judgments filed S L AN TG A of boys, aged seven and |today with Court Clerk Emil Dan-| i 25 FHOTTS OF (OB YEAT: AUEUS|all new high re ke entsred Tnomas B, PSYE Dy Judge Stanley 5 Trweesiil L0 0 FUE D PeE, S4DE 08 advgnced § potr 1 . X . Shanahan's store. at 7 Spring. street | W3 one In favor of the United Coal | Prodiction and sales were 101.7 por Hartford Electric Light Rights Sunday and stole a ntity | & Wood Co. against the Clayworth | §7 °f Froduction. Stock - of cigarettes, according to the pro- | Brick Co. for $372.16. The plain- | s Dris(or's report (o Officer Anthony UL a8 represented by Nale & Nalr | ooy oo BOUGHT. SOLD and ADJUSTED oh Yesteraay | Thelomeet i Ciinas LI o B R | e o ed up the boys and recovered the | ot for $140 i s ElY- | company are receiving rights to| Radio returned to the specila s Sea R e ebaton Attorney | SUbSCribe to additional shares at $10 | spotlignt, with an early of f Hale chapter, Order ot \{EUNTC K SOMMEOR: MUSTROYleach in the ratio of ome for every| points Stndard Brande i | e T AR DedMo will meet H\Ih evening. s g S lthree held (old stock) d Johns Manvil _— Miss Sophie Sczygiel of 26 Beav- | 't Effcctive tomorrow the Standard | Which led ye . o e e s A e j\ii“’}"”‘v'?"'l- mespalien aiudy, GlEe Al BBeRRIE P e ;]”.}‘ off shar S Fire o ] in General hospital whero | T 1oF, $33.20 In it “'”,l'.!‘ff“‘:"l‘": duce the price of gasoline one cent a | dropped 9 1 gn an' onsrationfiroriay (INLCEaTl SARAsRat i Ban e L ):\Hm"‘vn the :Irno]wo:vm district of '_M‘\’vvw‘\;rr:::ln Life I"‘\-vmm\‘”:\H):vlmntj;hm Insurance 8 asgraturned s tolher | & e e ral .11\(10;%2 Co. was giv- | CPniS at service stations, excluding Alreraft 3 1-4 home after soveral weeks' illness at | ° % (on0 L OO ER B B S e | the two-cent state tax 5. Atchiso ! New Britain General hospital. Her |1 % R 'jih'nmn‘ o iy e tinois Central, —_—_— Bented the plaintife ported today t its gross sales for e : HAS PARTY ON BIRTHDAY Lois Barrett, daughter of Mr. and Mrs. C. G. Barrett of 624 Arch street, cele ted her fifth birthday yester- day by entertaining several friends at Games were played an heon was The little received many pre gifts. lois was assisted in receiving by her | elder sister, Doris. her home Tun stes served tty NEW HAVEN MAN BURNED New Haven, Sept. 10 (A—Vin- cent Di o. is in a critical condition at New Haven hospital from ns received today at the plant of J. M. he was employed. Hospital author- ities said he had received the burns an explosio The Public Utility Holding Corporation of America Common Stock (With Common Stock Purchase Warrants) Transfer Agent: The Chase National Bank of the City of New York Regi; Guaranty Trust Company of N strar: ew York Each share of Common Stock will carry a Warrant entitling the holder to purchase in perpetuity an additional share of the Common Stock of the Corporation, as from time to time constituted, at a price of $30 per share. tember 30, 1930. The Public Utility Holding Corporation of America is being organized by The Harris Forbes Cor- cepting for purpose of exercise, warrants will not be detachable until Sep- poration, American Founders Corporation and United Founders Corporation under the laws of Dela- ware to buy, sell and/or hold common stocks and/or other securities. It will be t he present policy of the Directorate to limit the investments of the Corporation to minority and/or controlling interests in securities of public utility companies, both foreign and domestic. The Charter of the Corporation will be sufficiently broad to enable the expansion of the Corporation’s business to other fields in the discretion of the Board of Directors. The Corporation will acquire from the organizers certain minority interests in a diversified group of domestic public utility companies. Upon completion of this financing, the assets of the Corporation will consist of cash and securities having a current market value materially in excess of $40,000,000. The initial assets will be augmented through the purchase of securities for cash. made for tl Provision will be ssuance of Common Stock in excess of the amount initially to be outstanding in exchange for such additional public utility securities, as the Board oi Directors may designate. The capitalization of the Corporation, upon completion of this financing, will be as follows: Class A Stock (no par value) Common Stock (no par value) The Corporation will have no funded debt. of Preferred Stock in the diseretion of the Board of Directors. Authorized 5,600,000 shares 25,000,000 shares 9 = 20 Outstanding 500, 00, The Charter will authorize the issuance of 5,000,000 shares There will also be outstanding 1,000,000 000 shares 000 shares warrants entitling the holders to purchase, in perpetuity, an equal number of shares of either Class A Stock or Coramon Stock at $30 per share, and 2,550,000 warrants entitling the holders to purchase, in perpetuity, an equal number of shhares of Cnmmnn Stock at $30 per share. The Class A and Common Stocks will participate equally on a share for share basis in all dividend disbursements, there being no preference or priority as to dividends vested in either class of stock. Assets upon dis olution are to be distributed in the same manner. Subject to any voting rights which may be given to the Preferred Stock, the holders of the Class A Stock will in the aggregate have 40% of the voting power and the holders of the Common Steck will in the aggregate have 60%. The Corporation’s affairs will be managed by the following Board of Directors: *H. M. ADDINSELL C. W. BEALL . S. BURROUGHS E. C. GRANBERY /. E. MacGREGOR M. H. MacLLEAN D. . WHEATON All oi Harris Forbes & Company LAWRENCE P. CARRON *GEORGE E. DEVENDORF E. STANLEY GLINES *LOUIS H. SEAGRAVE All of American Founders Corporation *Also members of Executive Committee. The Corporation will enter into an agreement with ihe organizers whereby the latter will be en- titled to receive from time to time in the future one warrant entitling the holder to purchase one share of either Class A Stock or Common Stock in perpetuity at $30 per share upon the issuance for value of eacn two shares of Common Stock in excess of the 2,500,000 shares of Common Stock initially to be outstanding. This agreement is to be effective only so long as the organizers own a minimum of 500,000 shares of Class A Stock and 1,000,000 shares of Common Stock and is not to be effective \\:ith respect to Common Stock issued on account of the exercise of warrants issued at the time of organiza- tion. While we do not guarantee WEST MAIN ST, the information contained in this advertisement, E. D. Hyde & Co. INCORPORATLD Investment Securities TELEPHONES: 6500 - 6501 it has been obtained from reliable sources, BRITAIN, CONN. Rice company where | |advances brought f{ard Power the four weeks amounted to with ending August $10,337.500 2.084 for 31 compared the four we cks ending September 1, 192 | With bonds totaling 321,146,000, representing more than 84 per cent of the Seaboard Air Line Railway Company's | bonds 5 per cent adjustment deposited under the road's recapitalization plan, the | ¥ an dthe bondholders com- | mittee will proceed toward the con- summation of the plan, it was an- ‘ nounced today PRICES ERRATIG I CURB LISTS TODAY dvances Meet With Profe Taking in Most Issues New York, 10 (P—Price | movements were erratic on the curb | exchange today advance were again pre |in some of the utilities, Sept but out heavy | taking and gains were | with difficulty. | trials and most profit A few of the indus- investment trusts we | urged forward, while others sagged. Yesterday's heavy liquidation on the “big board.” which was fol- | lowed by uncertain price movements | today, tended to unsettle confidence on this market. The rather omin- | ous tone of several commission house advices, which warned tomers to be prepared for further corrective reactions, was also a fac- tor in the lightening of holdings. Call Money Firmer A firming of call money in the afternoon was also a depressing in- | fluence. The rate rising to 9 per ent after renewals at § American Commonwealths Power 3 was trong spot of the utilities, | sclling ral points to th cinity of its prak price ard Gas and Llectric sto a- and Light and Northern 9 Power A, were again in good cus- vi- ar States demand on consolidation rumo | ociated Gas, American Supe [ power and Electric Bond and Share held fairly steady, but Electric In- 1\»:«10 Allied Power and Light, and United Gas Improvement slipped back a couple of points or | more, National Investors Rises | National Investors, a closely stock, was again an ar former in the investment rising more than 30 points to a new | record territory above Blue Ridge rallied after encountering | | further pressure in the morning, held maintained | I Operations for the | Dav d forward | Du READ HERALD CLASSIFIED ADS}‘HM Fire Ins Co , : ; - emmem SS e Waver THE MARKE ' 2:30 P. M. AR e — (Furnished by Putnam & ( ey (P—Bona High Low (lc ! the early Che & Dye 3397 ; ertone of issues ap- nited States Gove v reig Pw 1681, i & v a Am Loco 12 : 3 Am Sm & 1 ) s AAm Tobacco . - - —_— \etna 1 W 133 Anaconda Cop 131 \ 1t any time Atchison 25414 Manufacturing Companics e ntic Refin 641, X W rnational & Ohio. 14 5 g | A v Ten« h Steel 2 . lost a Brook Man 5 stantial gain. Bush Term N Rails Slow Can Pacific Arrow 8 ish, but Cer De Pasco s gave Ches & Ohio : & : 5 = 1 ance. CM&SP i ) 1 All Florida CRI & Pac ol LS e bonds up Chrysler Corp ol ive division, Colo Tuel & Indus 1 es were fairly Congoleu m 1y market Consol Gas = I gain suffered Corn Prod i Henrine ) cresting sid Curtiss Aero I I \ gh Chem E ¢ 2 A < i ! v sden was | B Ser i . e loan at § s that the ‘am Players & appear at a Fleischmann four ilm A i \ 1 reoport Tex B s 1 e time, Asphalt i ' ) nt DIIWAS S Elce [ \ Motors 1 A Goodrich Tire N aaeh o Hudson Motors W SO Int Comb, Eng i M NS S Int Nickel 2 % 21y Int Harves % 1351 1 s B ( Y In 141 137% 137% |8 S W 2 I"ed 1 Ser Works offered a Ken Cop 9 2 2 L iare i i 10 ¢ 2 convertible 10 Mack Truck St % 2 \ 8 |y o8 ld note 3 In the Mont Ward 20% 1203 § ¢ Cool 11, 6 per cent 3 t 204 G > 19, highway fund tax notes, due March 1% 121 - Y FIES IN BARBEER SHOPS 168 s ) L ) Janeiro (A—Th andies of 155 ! & 3 3 ‘ that they 1 1ot . ol re = h ¢ the 420 LIONS CLUB PRINCIPLES : s Postum Co T 03§ e winde X latest styles Pub Serv N 1 3 N | r S e ; ‘ EXPLAINED AT MEETING part Remington 5% 48% e :‘}“"‘ ; S T old Clemens of Hartford S Roebuck 14 1% 13 Declares Good Peliowship Or- 5 4 inclair Oil ! A B 5 e Southern Pac % ganization Is Worth While. S t gt St Gas & T 106 197 : Thr Std 0il N Y% 5 ! < clementary Std 0il N s 44% | cxplained to s Ne N 3 SieEel | Studebaker .. 747 74 | Britain Lions' club today by Re s ools and X Gulf Sulph f H but Shenandoah and Goldman Sachs | Tim Rol Bear introc trading ed. The upturn in the |Underwood 5 National Investors stocks caused a |Union Pac 2 2 S, {rise in the latest addition te the|Union Carbi 1353 Ll group, Fourth National, which | United Fruit 1183 | 1us brot reached new high ground U S Ind Al 2 sater Gypsum Rushed Up R SEr ] T. S. Gypsum was rushed up sev- | U S Ste 24114 & eral points fo a new fop above 90, Wabash Ry 70 log as the stock was heavily hought in | West Llect A8 g Chicago. Bulova Watch and Willys Over LEn Hall Mark again recorded new vaL Woolwort} prices, and American Cyanamid B | k was in good demand. Pilot Radio ube was also well bought. Pondrell | HARTFORD STOCK EXCHANGE || | & Alexander. however, tumbled sev-| (ru ¥ s &kcoat i 5 ‘eral points in profit taking, and | Railron e | rord of Irance slipped to a new low ‘}” 4 *,‘;‘r:;jl‘ i e He |a| 11 1-2 before rallying. passed w L'Afr Liquide, which recently had | & ‘ » loyaity 2 sharp rise in sympathy with an ust Co L b 1 upturn in Paris, was again under | (0 Seo B ‘ moderate pressure. In the chain | First e ; stores, Neisner Brothers and t|Hea Na ¢ Trust Co Atlantic & Pacific Tea Co. momwd""’ 16 \ fair gains. L Py Oils were inclined to heavine ¢ | Guit slipped back a few points, and | Phoeniy Trust ... 4 Humble, after opening 2 peints|Tiveraide Trust Co ... d higher, turned downward. Tn the | yirchants Bank & Trust | mines, Newmont was in demand for | Finance Companies Bia time, then reacted. Mohawk, |First Bond & Mtge to . . § nt's v >ress Photo however, was firm. [t Renliy o | &) | man. chaplain nt of tha e | Underwriters Finance Corp. com solos were sung by James D wbor, reache : TREASURY BALANCE Undersriters. Finance Corp. pfd | 1031 com pani New | | Treasury Balance $58.004,317. Fire Inwrance Companies it otficials’ itoe SN e .:nnn |hl;']ire)v !n‘n Co ... § 5 e old New AL LR 2o eveerini1085,1085 | READ HERALD CL. Orleans street car strike.