New Britain Herald Newspaper, November 14, 1929, Page 2

AVIATOR FORCED REPARATIONS BANK BY FOG TOLAND STAT (Continued Fror had land ven, forced not o ol o first, but when was not the lieved when informed was undar Mail Plane Forced N ¥l low over about § o' York bound bank ving mail beir * Pridha ed to <ihe r At was covered bank which =everal Ylving hazards Notified tha Ylane appar returning toward rence Birch of th Corp. ha all lights a safe landi Hartford af than a haif has days H on LOST AT M (Continued From T report er or the asked The vote by decided to take was done. Th three to one Text of Resolutig The resolution read as “Whereas, women their enfranchisemen sion to public offic sions and to business achieved & manner of ¢ combines comfort and functional beauty, @ “Whereas, said mann is now threatened by com terests which, in the exp greater profit through m style changes, are atter foist upon us the waist and ‘feminin “Whereas, such s not only restrict of women ar 1o the dre: will consume time tion, be injurious to hedlt duce a psychological affect the further progress of “Therefore, be it reso the Connecticut League Yoters declare its opposi movement to change wor in the direction of great tion and pledge itself to fluence against the dicta new style.” not to on the question was ayes” and ‘na in favor to t have & deta yle ch add long skirt the and n New Ha- ned of the ight that that Back v Br ETING shou was ote, which was about m follows attaining admis- he profes- 150 dress thai thiulness nd of mer ectation ore rapid mpting Lo tight ails,’, and hanges will activity dress al in. wterially but atten- h and pro. adverse to women Ived, that of Women tion to the men's dress er use n iget, its in- tion of the restric- | UTES SIGNED rned choice for 1djo to make pu statutes, American press made Hjalmar es he statutes bank and second. its capital s (about $96,806,- 200,000 shares, of he business. subscribed 1k begins * Guarantee Capital ption of the total rant by the Central also Messrs, Rank of * of New portion of may be bank's ered of other- a-thirds majority vote only satisfy- cal requirements of the r 4. In none of as more than ng the old ex value of paid up at the time of subscription. The capital may reduced wsed or | crease to countries | | fourths majority in a general meet- (all by a two- ds majority of the hoard in gen- | . No sh. e par but shares shall be able provided the transferee of inter- and the issuing equivalent institu- res sh sued helow s transfe to th nk ational ement bank or Shares Are Non-Voting il mot carry voting latter heing vested in the Central bank or its or correspor dence ibscribing issue st right nomir tion. § institutions may directly to the public or certificates against the bank of international settiement shares owned by them Chapter three contains the so- called “veto clause.” After enunciat- ing the general principle that operations of the bank tional settiements must in formity with the monetary policy of the central hanks of the countries concerned, the statutes continue: “Licfore any financlal operation is carried out by or on behalf of the bunk on given market or in given currency board of directors shall afford to the Central bank or central banks directly concerned an oppor- tunity to dissent.” Tf there is dis- approval the operation may not take | place be Operations of Bank The bank's permissible operations include: Buying and selling of gold That the resolation found littie fa-|{ . . de was vor with the as soon as it floor. Mrs. Herbert ¥armington called the principles of that it was being out sufficient inves problems involved concur with Mrs. I, L. ¢ of New Haven, the only besides Mrs. Dadourian, w 1h such action would b th the policy of the lea advertising gates presen Kno! it "c the le consid tigatio and and hig salesmanship as a means living costs.” Mrs. Hiram Percy ford, asked the up a picture of would be created by attempting to stand change in modr “Picture a group of Jong dr and league member, with skir knees. It is an obviously jation,” said Mrs. Max AVERTS INQUIRY New York Probe Into Pu Maxi ring Laws Runs Afoul of Trouble Over | Restricting Scope. New York. No Ahreatened commission sorvice laws the diplomacy ¢ Knight Assemblyman who has made rep confine the inquir when Professor Jar questioned George commission Ston public service co the grounds that to the inquir Professor Bione sou he should mission th Namee any Lreak ir water objected reatene questio H. S. GRIDDERS PR day, Noven the annnual Hartford Pu Coach Georg wanging for attack = ENGAGEMINT New Yo No nouncement the engagerment Yin Paris b statement father the n have united one with to Count mutual in B today Had would families of America oldest of M granddaug and of Mr. and “tier of New Yorl « the count a of Count Mercati of Athens, [ Greece Ad h a Mrs, ( and was situat among t Roston. evident ted on the x Smith of contrary to ague,” ered n of refused to *. Ketchelt supporter, ho claimed in accord gue to re- h of reducing pressure m of Hart- to conjure on which league in ainst the S m a {s up to her impossible in BREAK blic Service ACTICT f the olde one of t Tselin 1 irian Ise arles Whit Alexandro | for its own account or the account of the central banks: holding gold for its own account under the earmark of the central bhanks; accepting custody of gold for the account of the central banks; making advances or horrowing from the central banks against collateral of prime dity; buying and selling of ex- change for its own account or that of the central banks; buying and selling negotiable securities than shares, and maintaining of cur- rent or deposit ounts with central banks. The posits lqui statutes fix jing 1 acceptable de- ing ose from the those in connection agreements between the governments, and such within the scope of the bank's functions, as incluc | central banks. with trustee and as o e others as are e bank may <pondent for with or act any ce as agent or ral bank > latter to act as correspondent. The into agreements as or agent con- with international settie- provided such agreemen on tions toward third parties Special Clause For U. S, for cor or arrang its agent bank to S0 may ente act trustec ection menta ot encroach the bank's special in provide might the statutes add h the the United “Any opera- 15 irise bank with the ling article may banks, bankers, iduals of any | bank central banks he out pre out with 4 the does not object also into spe- e central scttlement of pro centra untry ilitate the 1 transactions Forbidden Transactions of not inter- do in- he bank ts may irrency; acceptance ange; making ad- nts; opening of « names of liring pre- business except nk must particular re- liquidity of ith ntaining the bank's ad- composed sts the bank izing coun- or alter- persons gOV- oit the nerce, each appoint- 1is central bank governor the case of the United States not wish to act the governors nations may country respective ven finance, yvernor does int someone of other ans of banks that the two nat cted to by these! fourteon directors Pe appointed bank go pays on In addition not may be nominees yehman by the ernors addition be ive central long as Germany directars a panel of v countries as provided by on-ex-officio di- for three years nine | |t plan | re vold office institu- the of interna- | con- | NEW BRITAIN DAILY HERALD, THURSDAY, NOVEMBER 14, 1929. No government official except a | ntral bank governor, nor any | member of any legislative body may becomn a director of the interna- tional bank. The board of directors must at least ten times an- nually, of which four meetings must the domicile of the bank. powers of the chairman of rd of dircctors who also will president of the bank are sweeping: “Subject to the authority of the board, the president will | carry the policy and control the administration of the bank." His term of office iy three years but he also is re-eligible. meet The bank's general manager will the board of di- rectors on the proposal of the president. He will be responsible to the sident who will recommend also heads of depart- | of the staff the general president’s interpretation was that the pre the guiding e appointed hy board manage approval. placed on dent, thus, spirit of the institution Chapter five of the statutes pro- vides that at general meetings vot- ing rights shall be in proportion to the number of shares subscribed in the country of each institutional represented at the meeting. Lxtra- ordinary meetings may be called to mend the statutes, increase or de- | the bank's capital or to li- quidate the bank. Chapter six fixes the financial vear beginning April 1 bank must publish an annual report and at least monthly statements, Liquidation Provisions Chapter seven provides among other things that the bank may not be liquidated except by three- | The this here is clearly e ing and not before it has discharged obligations assumed under the Young plan. Disputes anent interpretation or application of the statutes shall be referred to an interpretation tri- bunal established under the London agreement of August 30, 1924, By common consent both parties may refer any dispute to the president or any member of the tribunal as sole arbitrator. Articles relating to the dodlicile | of the bank, its objects, functions, reduction or increase in capital, non voting right of shares, the veto clause, forbidden operations, com- | position of the board, early profits, | or arbitration, cannot be amended | except by a two-thirds majority of the board approved by a majority | of a general meeting, and sanction- ed by law supplementing the bank’s | charter. Other amendments need two-thirds majority of the and a majority of the general meet- merely | board | ling. | TAX CUT PROPOSAL {upon the incomes of millions of in- other | the | | trol | month ts do | obliga- | situations is authorized | | today between | erably | congress, in- | its | ) WERE COINCIDENCE WiTh STOCK DROP. (Continued From First Page) should warrant, or consider another plan of temporary reduction. Tax Reduction Plans Washington, Nov. 14 (P —Tax reduction—a material slash in the government's annual assessment dividuals and business institutions— today was definitely and imminently in prospect. A general cut of one per cent in the normal rate of taxation applic- able to incomes of the present cal- endar year and effective all along the line, from the mammoth cor- poration to the lowly wage earner whose earnings just exceed his per- sonal exemption, is planned by the treasury department. A detailed program has been drawn up, after a careful examina- tion of the many factors which con- | government revenues and ex- penditures and, with the approval of President Hoover, will be recom- mended to congress for action when that body meets next in regular session. Lven Includes Bill The treasury's plan even includes the form which the necessary legis- lation should take in order that de- lay, particularly that incident to a general revision of the federal rev- enue laws, may he avoided. All this was revealed by Secre- | tary Mellon in a statement published The desire of Mr. Hoover and | Mr. Mellon for tax reduction has been well known for many months, but in their own view a determina- tion of the effect of many circum- stances, upon the nation's finances | was necessary before action could be | taken. Although saving that complete estimates of government needs as compared with prospective govern- ment revenues were not yet avail- able, Mr. Mellon in his statement as- | scrted that the study of the situa- | tion had progreseed to such an ex- tent that a recommendation for tax reduction could be made. | “The indlcations are that business | profits, dividends, interest and wage payments in 1929 will consid exceed those of the year | 1928, he said. “Our estimates ind} that the government should both the fiscal years of 1930 | 1931 with a surplus. Taking | factors into consideration, the | secretary of the treasury, with the | approval of the president, will | | recommend tax reduction the | | cate close and all to Outlines Form of Cut | Mr. Mellon went on to outline ! the form the proposed reduction | should take and to show how the | one per cent cut would operate. He | pointed out that “on the first $4,000 | of taxable income the rate will be | reduced from one and one-half per | cent to one-haif of one per cent; on | the second $4,000 from three per | cent to two per cent: and on the balance. the present five per cent will be reduced to four per | cont.” | The corporation tax rate. he said would be reduced from twelve {0/ n per cent He estimated the total duction of income taxes to be collected during the calendar year of 1930 at approximately $160.- 600,000, No question was made of contempiated revision of the | structure. rate elev any surtax rate | out | from {can business. |lems and Since the reduction incomes of this year d ta to be collected in the next, wit re turns to be filed by March 15. 1930 it is hoped that congress will oid all possible delay in approving the Y ry legislation. Mr. Mellon suggested that legislation take the form of a joint congressional lution, rather than of a tax bill, as the latter would throw the federal x structure open to a gencral revision. Both Partles Approve Finally the treasury sccretary said that the proposal “discussed with republican democratic aders of both of congress, who have tentatively approved the proposed *n- dation.” is effective on 50~ had b and houses recor Some speculation the wording ol the whether President ra proved was Hoo proposcd plan the or was withholding until complete est needs and prospective this and the next fiscal been completed In this connection. it was pointed that the statement was given to the press by Undersecretary Ogden Mills after returning to the treasury a conference with the chief executive. Tarlier, Mr. Hoover had conferred with Mellon. Mills and Roy A. Young. governor of fod- eral reserve board. A reduction of $160,000.000 on collections from incomes of the cur- rent calendar year, is expected to be offset to a large extent by increased incomes on which taxes mu aid. his approbation mates of fe evenues year have Consider Other Plan Indications ~ shortly after Hoover took oftice were that t he and Secretary Mellon had in vie first of all a lessening of the tax burden of the man of moderate come, cither through increasing the ¥5 per cent credit now “earned income. That the reduction is to be effec- tive all along the line is veg as indicating greatly increased e mates of prospective federal reven- 1es ti- Ieaders Pleased New York, Nov. 14 (P- and financial leaders today ed appreval of the proposal by retary Andrew Mellon of a reduc- Industr {tion in corporation and personal in- | comments | come tax Some follow: Charles M the board Corporation: “I am in hearty sympathy with what Mr. Mellon has done. I think it is the proper move. It will mean a great deal at this time to Ameri- rates. Schwab. chairman the Bethlehem of of teel that I believe it will result in much good.” Francis , H. Sisson of the Guarantee Trust Co “That is a very interesting and important suggestion and one which will be generally approved by busi- ness men and business interests. it ia an important contribution to the situation, as it shows the confidence of the government in the ability of American business to meet its prob- support the government. This announcement strikes a reas- suring note which will be generally welcome." Percy H. Johnston, president of the Chemical National bank: “Mr. Mellon is secretary of the treasury. vice prestdent He knows what he is about. His statement in- | dicates a very forward looking pro- gram. Business, after the present slump, would have been facing the future with a great deal of uneasi- | ness, but this very constructive pro- gram of Mr. Mellon's will be a splen- did stimulant to business people. It is a good thing." . MARKET RALLIES, GARRYING ISSUES T0 HIGHER PRIGES (Continued From First Page) be supported with least for the time discourage ‘“‘bear” attacks, which have been widely held responsible for the recent destructive liquida- tion. Auburn Auto ran up $490.75 a share on a few sales, Allied Chemi- cal jumped $22, Columbian Carbon $20.50, W. T. Case $19, U. S. Indus- trial Alcohol $£18, Geenral Electric $17 and American Can, National Biscuit, Electric Storage Battery, Standard Gas & Electric, Ward Paking preferred and Westinghouss Blectric sold $14.50 to $16.50 a share higher. Placing of large bids by power- ful financial interests was greeted on the floor of the exchanges by loud cheers, which were echoed in hundreds of brokerage houses as the record of the transactions ap- peared on thewilluminated stock tickers. The advance. brought to an end at least temporarily, the most de- structive wave of securities liquida- tion in the country's financial his- ory. “Bear’ traders, who were be- bids, at being, served to large [1ieved to be largely responsible for the ruthless selling of the past few | days, were driven f{o cover as prices opened substantially higher. and then cxtended their gains. Sales Very Heavy Total sales on New York stock exchange during the first half hour of trading were 1,736,300 shares, almost cqualling the turn- over of 1,505.300 shares during the same period yesterday. The ticker soon fell more than 20 minutes be- hind the market. The sudden change sentiment, coming after four suc- cessive seasions of steadily declin- ing prices on the last three of which prices touched new low levels, was widely attributed to the an- nouncement %of a proposed lowering of federal income tates and the ap- pearance of strong buying support as shown by the placing of a bid for 1,000,000 shares of Standard 0il of New Jersey stock at $50 a share just before the close of yes- terday’s market. Wall street also heard that large bids had placed for T S. Stecl common and Anaconda at $150 and 370 a share, respectively, or just below yester- dav's final quotations Persistent reports that ey a power- en | allowed on arded | You may say for me | a wise and able | in market | peen | in the market this week to the ac- | companiment of widely circulated |alarmist rumors was generally be- lieved to be responsible for the ac- | [tion of the New York stock ex- | change yesterday in demanding the | | market position_of its member firms as of Tuesday and every day there- | after, until further notice. New | York members were given until| Inoon Saturday to file their report while out-of-town firms were re- | quested to give the information not {later than Monday noon. | Some of the large opening trans- | “tions on the New York stock ex- change were 000 shares | Motors, ! 1$36.1 | | Gene unchanged sharcs Standard 37 sharcs up $9 shares 30,000 Brands, up $51 60 225 $6.50. Commercial Sol- International Nick- off 50 ‘Transcontinental nts up shares T 0 cents. 15.000 shares Commonwealth Southern, $11, up 25 cents. 12,000 shares Columbia Grapho- phone, $20.25, up § 12.000 sha Sinclair, {12 cents 1 10,000 $54.87, up 10,000 sha 'oft $50, Corp. o | i J shares Union $4.6 res Radio. $33 shaves Westinghouse $110.25, up $3.25 10,000 shares Gold 33 10,000 3.50 up 34.25. | Dust, shares Anaconda, | " 10,000 shares $100.50, up $14.50 | 7500 shares American Telephone, $209.75, up $2.75. €.000 shares United Corporation, $23.50. up $4.27. 5,000 shares 18180, up $16. shares $167, up $7. 4,000 shares . up 12 | Some of the | ac tions on the change were: 46,000 shares Electric American Can, | General Electric, 5,000 New York Central, Montgomery Ward large opening frans- New York curb ex- Bond and 21,600 shares $25.12. up 62 cents. 20,000 shares Niagara |son, $12.12, up 12 cents. Quotations and net changes some of the leading issues on {New York stock exchange at 11 m. wer U. 8. Steel, $156.75, up American Can, $36. up $10 dard Oil of New Jersey, $5 |$4.75: General Electric, $10.25; Anaconda Copper, up $4.62; General Motors, 87 cents; Johns Manville, $10 $5: Radio, $31. house Electric, Union Pacific, American Cities rvice, and Hud- of the ) $5.25; Stan- 0, up $183.25, up $75.12, up up . up $3; Westing- $115.50, up $10.50; $206.25, up $6.25; Telephone, $213, up $6 Bethlehem Steel, $§2.37. up $3.25: Montgomery ~ Ward. $33.25, up| $3.37; Canadian Pacific, $195, up $4.75; and American & Foreign Power, $38.75, up $7.75. 11 0'Clock Prices Shown Eleven o'clock prices of a few |leading shares on the New York jcurb market included: Allied Power & Light, $3.62; up $8 $28, American Superpower, Citics Service, $25. up 31; Electric Bond & Share, $55.25, up $7; Goldman Sachs, $36.50, up |$1.50; Lehman Corporation, $70, up |34; Middle West Utilitles new, $21.37, up 12 cents; Standard of Indiana, $49.87; up $1.37; Niagara |Hudson Power, $12.50, up 50 cents; Pennroad, $16.62, off 12 cents United Light & Power A, $°1. up $1.75. up $18, | 73, Three Factors Present New York, Nov. 14 (#) — Three factors were present in the Wall street sifuation today which opera- tors hoped would help to stem the | torrent of selling. These were An order to buy 1,000,000 shares of Standard Oil of New Jersey at 50, generally belleved to have been | {placed by the Rockefeller interests. Action by the governors of the |New York stock exchange fo learn };v powerful bear interests were |driving prices down. A financial news agency dispatch {trom Washington that government officials did not regard the present |situation an emergency requiring {action on their part and that finan- cial institutions were in no danger. Developments of Day These developments appeared vesterday during a session in which | {continued heavy solling drove | prices to new low levels for the | year. | The order for 1,000,000 shares of | {Standard Oil, the largest order ever | placed on the stock market, did not appear until late in the day. J. H. { Holmes & Co., brokers who placed {1t, refused to divulge the buyer, but the order was at_once linked with {the Rockefellers by observers who ,recalled that two weeks ago John D. Rockefeller, sr., announced that he and his son were buying sound jstocks for investment. ‘ | | Standard Oil of New Jersey {touched 50 yesterday and closed at {50 3-4, a net loss of 3.37 for the |day. The order is what is known as a “§rm” one, that is, it stands un- [til executed or is cancelled. Brokers saw in the order the | first effective buying support the | market has had in several days. | The action of stock exchange of- {ficlals to learn what part profes- sional bear operators are playing in |the unexplained decline took the form of a questionmaire sent to | members by the exchange commit- {tee on business conduct. Questionnaire’s Queries The questionnaire asked: |- A list of all stock borrowed. from whom and for whose account; a fist of all stock loaned and to whom; |inter-office borrowing and for whose jaccount; and a list of all stock | which has failed to be delivered and | for whose account. | Members in New York are re- 'quired to reply by Saturday and 'out of town members by Monday. Regarding the attitude of govern- | !ment officials toward the present ‘market situation, a special dispatch carried on the Dow Jones financial 'news tickers said: “At this time unusual or emer- gency action is not in prospect. Of- | {ficials have concluded that such | action is not warranted by the present situation. “Soundness and very good posi- ful “bear” pool had been opcrating | I close with land Senator Keyes, republican, [comparison made by Walsh was not | Canadian compe | ple of greed on the | handles was approved. learned no | The finance committee | omended a duty of 1 and 33 1-3 per cent. | cent was eliminated at tion of the banks is emphasized here. So far as can be tinancial houses are in danger. The view presented is that the market is in the midst of a wide specul: tive correction and that tKis cor-|ion of Senator Thomas, rection will have to run its natural | Oklahoma. course.” The duty of 33 1-3 per cent was Sales on the stock cxchange yes- | carried in existing law until the terday totalled 7.761,450 shares. On | president, acting under the flexible the New York curb they were clause, lowered it to 16 2-3 per cent. 770,650, Net declines on the stock — cxchange ranged’ from one to 2 Among the high grade i s ouly a few showed losses of more than 10 points for the day. A score of issues ecmerged at the net gains. The stock exchange wo hours and 4 close of the thr 1p m SENATE REFUSES 0 TAKE RECESS BEFORE SESSION (Continued From First Page) Canada last year 106,578,000 feet of hardwoods and imported only 52,815,000 feet, Walsh said, declar- ing Canada imposed a heavy duty on Americdn hardwoods. The Massa- chusetts scnator said this was no excuse for taxing American con- sumers of Canadlan woods Hale Urges Duty Hale. republican, had rec- cent each but the 1-2 the suggest- NEW CHURCH ORGAN 0 BE DEDICATED {Goneert and Exercises at Elim | Swelish Church Safurday ¢ to dedi- at th be hell Saturday and Sunda, Wennerberg democ Moves Toward Controversics Washington, Nov. 14 (®) — The |senate, drawing ever nearer the sugar schedule, perhaps the most (controverslal in the tariff bill, | Elim seemed well on its way today 10|a¢ the church consideration of that section before ! the indicated adjournment at the end of next week The probabilities were, in that the controversy would reached before the end of this week and t the senate would be well through the schedule before laying aside the Dbill for a week's rest prior to the regular session Today's debate embraced remain-! Mendelssohn. ing committee amendments to the | Organ selection, “Marche wood schedule, after disposal. of ale,” Lemmens; “Ave which, under the new procedure of Schubert: Prelude in tarift debate, individual amend- minor, Rachmaninoff. ments to this commodity classifica- | Chorus, “The Heavens are Telling. tion were next. The sugar schedule| Becthoven. follows. Organ selections. Cantilene pastora! On the first three schedules, com- Gullmant; “Saloljgs Lied mittee amendments alone were acted | Grieg; “Fanfare.” Lemmens upon, the plar being to eturn in-|Vocal solo, “The Lord is My Lighi ividyal amendments on each sec-| Allitsen |tion after committee amendments | Ogan, Prelude and Fugue in E m |to the entire bill had been discussed nor, Bach: TLargo. Handel and brought (o a vote, prancli e icio e roT i climinated and proposed mcv'vu.‘:vs }{"’)“"th,’:;l B gIIRS el in the tariff on watches were de- R ST O feated late yesterday. Also, pro. | OTEAN: Familiar melodics, *Tfo. th posed higher levies on clocks were a;l})l‘f:;n 1‘oncflr:f"‘nflnnrnj i B¢ | qutiable at one dollar per thousand | M27E¢ board feet, were placed on the free list and the retention of cedar Jum- ber on the free list was approved. lcontrary to house action making it dutiable at 25 per cent ad valorem No lineup on the sugar ts. | A concert and ceremony the new pipe organ Swedish cate) church will ticker ran minutes after the ¢ hour scssion g evening. The male chorus under the direction of Johr A. Lindsay will sing. Miss Anita Swanson. organist, will play the new organ for its first public recital The proj will 1 follow fact, m Organ Prayer | Vocal solo. “Lord God of Abraham Triumph- Mari C sharp Maine. New The ex- and Senator the duty th of Amcrican were of Oak of he Hampshire. urged former said most ports to Canada all imports were birch, Therefore, maple n argwed HAYES STREET BURGLARY . IS BLAMED ON BOY, 13 fair. The domestic hardwood is having ‘“hard sledding"” Hale said. adding that imports the growing use of linoleum having a depressing effect. Keyes said a flooring mill in home town had been forced close becauss it could not tion Senator Smith, democrat Carolina, arguing against a | party said the request for a duty was “un- |z poung doubtedly the most flagrant exam- part of the mdustry nov:. and wus | o definite controversy was apparent, although | Scnator Simmons. North Carolina, ranking democratic member of the |finance committee, has said that with the possible exception of the Louisiana members, the minority | will sponsor the present 1.76 te on raw Cuban sugar. of Lad Also Involved in Theft to mest of Wrist Watch and | Money South tariff, A boy 16 according to the school records whose age was vears a but whose mother produced a birth cer- tificate to prove that he was 15, was Wife Blames Weather ’ fé i e " o sees . taken into custody by detective o For Ma“tal Dlfl'lcll".) | Sergeant Ellinger yesterday on th Chicago, Nov. 14 (®—The weath- | charge of theft, in connection with the entrance made 1o a house | 125 Hayes street, where a wrist | watch and money were stolen. In police court today. Prosecuting At- !torney Woods entered a nolle fo |the reason that the boy will be ar- | raigned in juvenile court. | With him will be a 12 year old | boy who admitted to the police that {he was involved in the theft. The money was taken out of a gas meter, which was pried open by the boys. Sergeant Ellinger recoveral | the watch. manufacturers,” Approval was given {o a commit- change to increase the rate on Moulders' Patterns of Wood from 33 1-3 per cent to 50 per cent.,The house had proposed 40 per cent . The senate also approved a com- | mittee increase to 40 per cent in the present duty of 33 1-3 per cent on bent wood furniture. A proposal by Senator democrat, New York. to restore the existing duty was rejected. The ler, blamed or nearly every thing else, at o now it takes a place as a ground for divoree. Mrs, Alice Leblanc held it respon sible for her domestic troubles. She aid Leo Leblanc had a habit of spending his winters in Florida and {leaving her in Chicago where it gets A cold. In the summertime, she said, house had proposed 55 per cent on |her husband would go to some cool bent wood furniture. |vesort and permit her to swelter in Without a record vote an increase |the metropolis. from 18 2-3 per cent to 33 per| Judge Charles A. Williams grant- cent in the duty on paint brush jed the divorce. " DAVIS ™ 169 MAIN STREET Wagner, Now Is the Time to Buy One of These Beautiful Fur Trimmed Coats | They’re Decidedly Underpriced $47.75 Customary Prices up to $89.50 and 75 —_— SPORT COATS }19.75 ¢ 5 MANY OF THESE NEW DRESSY OR SPORT COATS JUST ARRIVED YET THEY'RE ALL SPECIALLY REDUCED FOR FRIDAY AND SATURDAY