New Britain Herald Newspaper, April 7, 1930, Page 19

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

HARTLEY T0 FIGHT CONGRESS Ho0DOO Youngest Representative Hopes to Kill O8-Year Jinx —_— Washington, April 7.—The young est member of congress is still Fred Allan Hartley of Kearny, N. J., but the eighth New Jersey congression- al district, which he represents, is a trick district. For 18 years no congressman from that district has succeeded himaelf. Each one has had & twpe-year job. In presidential vears the district has always elect- ed a republican and two years later, in the off-year, replaced him with a democrat. Hartley is a republi- can, elected along with Hoover in 1928, Harfley was 25 when elected and became 27 last Washington's birth- day, but h> is still young enough and active enough to be confident ihat he has a fine chance of up- setting tradition and coming back here for the second time. When he left for Washington to take his seat he whispered to his friends that he “didn’t want to bear the disgrace of being a one-termer.” Directly and indirectly, he has been cam- paigning for reelection ever since he arrived. That “Off-Year” Jinx Already he is assured that there won't be any opposition to him in the republican primary, Which leaves him up against the fact that in off years the district customarily goes democratic by from 10,000 to 15,000 votes. The 1928 figures, how- ever show that Fred Allan, even running for the first time with the opposition calling attention to his youth, was no weak candidate car- ried along on a Hoover landslide. He won an a rccount of 130,000 votes by about 300, whereas the na- tional ticket lost by some 2000 votes and the republican state ticket by from 3000 to 4000. As a congressman, Hartley has been about as industrious a little doer of chores as this capital has ever scen. He has employed extra office help and takes some of his work home at night to a hotel room. Weck-ends he goes back to Jersey and begs for more chores. Sometimes he gets some that are hard to do. For instance, a claim for food supplied to George Wash- ington’s army originally amounting to $1800 but now good for $14,000,- 000 if the interest had been com- pounded semi-annvally. Another constituent, weighing 104 pounds and only four feet 10 inches tall, wants Hartley to get congress to recognize him officially as the smallest member of the A, E. F. But Hartley realizes how im- portant it is politically to give a constituent a lift, to heip one man with eivil service examinations, get a job for someone or arrange official passes to Sandy Hook. By gool luck he is running for reelection in a census year and has had extra patronage to the extent of 500 cen- sus takers to pass, around. There are many racial groups in his dis- trict and he has made friends by getting the state department inter- ested in the case of Yaroslaw Scyz, the American Ukrainifan leader, who was seized in ecastern Galicia; by saving a Spaniard from deporta- tion, getting a Jewish rabbi's son through Ellis Island, and helping out in a few Italian cases. Fights for Veterans Hartley's main efforts have been toward helping disabled veterans. For two weeks last fall he spoke every night in his district, announc- ing that any veteran who had a claim should come to him for help. He even placarded the announce- ment in public places. A thousand cases, most of them claims for com- pensation, hawe piled up in his office and Hartley has been pushing them personally before the Vet- erans’ Bureau and its boards with conslderable success. Sunday after- noons he holds office hours at his home for consultations and has had as many as 100 constituents confer with him in a day. His one speech on the Housc floor, made last January, was a plea for justice for vetcrans and an attack on the Veterans’ Bureau for its refusal in many instances to allow compensation for service- connected disabilitv. He" described instances in his own district which indicated that the government was prone to regard disabled applicants as so many grafters. He is not satisfled with the new bill reported fayvorably by the House Veterans' committee and will try to have the presumptive clause on service con- nection cover the period up to 1930 in cases of tuberculosis and psycho-neurosis. Hartley's district takes in parts of Jersey City/ and Newark, plus Kearny, Bayonne and other places, and he says he already has the en- dorsement of 72 organizations in that territory. His democratic opponent will be former Congressman Paul T Moore, whom he defeated on the recount in 1928, PAVING PROJEOT STUDIES The matter of paving Stanley street between Dwight and Pleasant street and Hartford avenue will be considered at a meeting of the board of public works on Wednesday. These improvements have been urged by Mayor A. M. Paoncssa. ITCHING ENDS WHEN ZEMO TOUCHES SKIN ¢ say. Tt's wonderful the way soothing, cooling Zemo brings relief to skin which itches and burns. Even in most severe cases, jtching disappears almost as soon as Zemo touches the tender and in- flamed surface. To draw out local infection and help to clear away unsightly blemishes, we know of nothing better than invisible Zemo. Always keep this family antiseptic on hand. Use it freely. It's safe as can be. 35c, 60c and §1.00. Al dealers. Clarence E. Jacobson Succumbs in Hospital Clarence E. Jacobson, aged 30, of 36 Cranston Terrace, died at St. Francis hospital, Hartford, Saturday afternoon. He had been ill but a short time, complicatiens setting in following an attack of the grip. Mr. Jacobson was employed in-the traf- fic department of the Stanley Works. He leaves his wife, Margaret Noo- nan Jacobson, two daughters, Pa- tricia and Barbara; his parents, Mr. and Mrs. John Jacobson of Gillette street, West Hartford, feymerly of New Britain; two brothers, Merwin of Baltimore, and Bert Jacobson of Allen Place, Hartford, and a sister Mrs. O. Newton of Main street, this city. The funeral will be held at 8:30 Tuesday morning from his home and at 9 o'clock from St. Mary's church where a solemn requiem mass will be celebrated. Burial will be in 8t. Mary's ceme- tery. MARKET COLLAPSE HURTS COUTURIERS Style Designers in Paris Also Sulier From “Pirates” BY MINOTT SAUNDERS Paris, April 7 — With American buyers holding down on expenses, and fashion pirates busier than ever, this has been a lean scason for the celebrated couturiers of Paris. Com- plaints about business are wide- spread. The slump in the American trade has been attributed to the effects of the recent stock market collapse. Veteran buyers representing large American houses came this year with a much smaller budget than in seasons past. One prominent dressmaker has estimated that this season he only sold onec-fifth as many gowns for export to America as ordinari! The conclusion in the trade here is that American houses feared there would be a greatly de- creased demand for luxury articles. German Reparation? Disappointment in the American market was, however, somewhat softened by a marked increase in sales to continental buyers, partic- ularly German. The German repre- sentatives bought freely and chose expensive models, indicating a greater demand for French clothes than has existed since the war, Some idea of the activity of pirate copyists was given by thc police when it was announced that in a raid on one Paris firm 300 models were seized. They were in the forms of unbleached cotton goods, the spoils of sorties in prominent houses. Sketches and documents were also taken for inquiry and prosecution. Another satisfaction to the couturiers is that they have at last won a smashing victory over copyists. The 12th Correctional Court here awarded four fashion houses damages of 1,000,000 francs in their suit against two firms that had reproduced about 100 of their models. This is the highest fine imposed for copying couture productions since the law went into cffect in 1793, In this latest case. it was proven that a woman dressmaker smuggled pat- terns out of the house in sections, returning them the next day after they had been copied. : Battling Style Pirates This is the first real victory after three years of work by the Chambre Syndicale de la Couture. In the past such small fines were imposed that Thouses found it hardly worth while to prosecute. Also it is difficult to pin pirating on those guilty of it because the copyist may change the style slightly, with flower or a bow perhaps. Copyists have become s0 or- ganinzed, however, that they have been able to put models on the market at greatly reduced prices before the houses where they were conceived had” even shown the originals, Reputable ‘buyers are with the couturiers in sup- pressing this pirating because it means the slashing of prices. Man Who Killed Mother To Be Hanged Tomorrow London, April 7 (UP)—The long criminal career of Sydney Iox, which culminated in the murder of his mother, will come to an end at Maidstone, Kent, tomorrow, when he is hanged. One last misdeed was brought home to Fox today when a divorce was granted to Capt. George A. Morris on the ground of the miscon- duct of his wife with Fox. The con- demned man was not notifiéd and the case was undefended. Fox was a notorious forger and swindler. He was convicted of strangling his aged mother last October so he could collect her $15,- 000 insurance. It was the first case of matricide in England in half a century. FORMER COLONEL DEAD New York, April 7 (UP)—Nich- olas Michailoff, 59, once a colonel in the Imperial Russian army, ani a member of the technical staff of the Sikorsky Airplane Company plant at Bridgeport, Conn., droppei dead of heapt discase as he knelt in a Russian Orthodox church here last night. L. H. GREENWOOD DEAD Fitchburg, Mass., April 7 (#) — ‘Word was recelved here téday of the death in Tucson, Arizona, of Levi Haywood Greenwood, former presi- dent of the Massachusetts state sen- ate. Greenwood, who was 54 years old, resigned last year as president of a chair manufactory having plants at Wakefield, Gardner and other places, because of poor health. NEILSON HONORED BY SPAIN Northampten, Mass,, April 7 (F— President Willlam Allan Neilson of Smith college has been made a knight of the ordér of Alphonso XII by the queen of Spain in recognition of his distinguished service to let- ters, sciences and arts, Dean Mar- jorie Nicolson announced today at the college chapel services. USE HERALD CLASSIFIED ADS NEW BRITAIN DAILY HERALD, MONDAY, APRIL 7, 1930. (UPWARD MOVE IS STOCKS' FEATURE Niagara Hudson Reaches New High Point for Year New York, April T () — The weeks on the curb market showed signs of lagging at the beginning of the new week today. Profit taking ‘was in a large volume, and forward progress slow, but operators for the advance continued to press their ad- vantage. Many traders took profits in the belief that a technical reac- tion was overdue, but the more bull- ishly inclined argued that any reac- tion at this time would probably be short lived. ‘Niagara Hudson continued to lead the advance in the utilities, moving up into new high ground for the year above 22, which is nearly double the year's low. Hydro Elec- tric securities was also pushed fur- ther into new high ground. United Light and Power “A" was firm. Electric Bond and Share sold off more than a point during the morn- ing, but turned upward after mid- day. American Cities “A” was a buoyant feature, pushing up more than three points. Fox Theaters, “A” was a strong feature of the industrials and spe- cialties, rising more than 2 points to new high ground for the year above 11, reflecting announvement of the settlement of the refinancing controversy through sale of William Tox's holdings to a syndicate head- ed by H. L. Clarke, l.oews deben- ture rights rose more than 4 points to new high ground above 50. Driver Harris and Libbey MeNeil were among other issues reaching new high ground. Fokker Aircraft and American Chain encountered mod- erate selling pressure, and Pepperell Manufacturing was a weak spot. Oils gencerally moved in narrow ranges. Standard of Indiana reached a new 1930 high above 59. In the investment trusts, Taggart Corp. moved up into new high ground, while Shenandoah sagged under realizing on last week’s gains. FRED STONE KEEPS A3 SHOWS CLEAN And Finds Public Doesn't Want That Type of Entertainment New York, April 7 — Fred Stone, dean among clowns, will quit the stage rather than consent to the change that would give his show the flavor of the risque. Such ig the ultimatum to the theater following the recent calami- vehicle, “Ripples,” on Broadway— a crack-up which has hurt the fa- mous comic far mere thal physical injuries received when an airplane crash took him from the footlights. That a Fred Stone show could ever “flop” on the Gay White Way has always been unthinkable. " His status was that of a national in- situation. His past was made up ol two-year runs and crowds stand- ing in line at the box office. The, after a mere cight weeks which had shown a constantly dwindling attendance, came word that “Ripples” would be taken oif and sent on the road. To all of which, the comedian who rose to fame in “The Wizard ot Oz’ arches a puzzled eyebrow and shakes his head. “I don’t know what it's all about. Broadway has changed—that seems to be the answer,” Stone said. “Times have changed too. T used to think I knew Broadway—heaven knows, Broadway seemed to know me. “I Won't Change” “Yes — and today I have dreds of good people behind me, people who write me encouraging letters every day; people who tell me to keep up the good work and fight things as they have become. T get dozens of them every day You should see the letters that come from the children. And where are these children going to ®&0; what are they going to see? Parents certainly n't take them to these dirt shows around town; shows that bring blushes to their clders, “One thing is certain. T won' change. 1f they don't like the clean product I give them— well, we all know where the exit door is. T'll never have my name over any production that brings a blush, “Perhaps T don't know what the people want. It seems perplexing that they should have changed so much in a few years. And I hear so many stories. I hear about dirty shows that are doing tre- mendous business. Well, if that's what the people want, I suppose there will be people to give it to them. I won't. I swear I won't. Other days, other ways. No use quibbling about jt.” However, Stone is going to give the rest of the country a chance. He's far from sure that every thing's like Broadway and every- one reacts as Broadway reacts. Along the big stem you'll hear lots of whispers and some that are far louder than whispers. These voices will tell you that ¥red Stone’s anotions are ‘ar out of date; that he hasn't kept up to the times. They point out that ‘William Hodge, who never played to the Broadway crowd, gave his latest show a couple of naughty twists — yes, even introduced a bedroom scene and a badger game and presented a situation wherein, while drugged, he's photographed in this bedroom with a pretty blackmailer. The younger generation has grown “wise.”” They don't blush at the naughty lines and situations any more, say the wise ones. That was all right for their grandmoth- ers. But they know what it's all about. hun- Street Has Changed Yet, after 40 years of trouping, Stone sticks to his particular guns. steady upward movement of recent tous “‘crack-uo” of his most recent | the | He harks back to the days when Albee, the vaudeville magnate who died recently, picked himself and Dave Montgomery out of the crowd and gave them their big break. Yes, that was back’around 1830, or thereabouts. They had come “out of the sticks” with a black- face act, trying to crash Broad- way. Albee liked it. “It's a good clean act you boys have got,” said the vaudeville impresario. * “Way back then, we made our name as clean performers,” Stone recoliects. “And that's the way I've played ever since.” He recalled the eminently suc- cessful “Red Mill” and “Chin Chin” and a lot of others, “When T went along Broadway then, I seemed to know the faces — I know the pdople. Even that has changed. The whole strect has changed. Don't seem to know them any more.” But there's the rest of the country — first Boston, and then through Connecticut, and Chicago by fall, playing a lot of cities in between. Long before that producer Dillingham whether the whole changed. For time was when the name of Stone was as magic. No one asked or cared the name of his show. And the hurrahs of the rest of the land may heal the bruises of Broadway. Stone and his will know land Birth Record A daughter was born at New Brit- ain General hospital Saturday night to Mr. and Mrs. Arthur Murd of 517 Church street. A son was born at New Britain General hospital Saturday night to Mr. and Mrs. Arthur Anderson of Westwood Park, Plainville. A daughter was born yesterday to Mr. and Mrs. Peter Zuk of 180 Broad street at New Britain Gen- eral hospital. A son was born to Mr. and Mrs. George Hodger of 162 Wooster street at New Britain General hos- pital yesterday. A daughter was born to Mr. and Mrs. Henry Christ of 221 Columbia street at New Britain General hos- pital last night. A daughter was born to Mr. and Mrs. Richard Gorman of 103 Brigh- ton street at New Britain General hospital last night. A son was born at New Britain General hospital today to Mr. and Mrs. Joseph Brophy of Newington. — Deaths Mrs. Ella J. Lamphier Mrs. Llla J. Lamphicer, aged died in West Hartford, Saturday afternoon after a week’s illness. Born in Canton Center, she had spent most ot her life in Winsted but tor the past two years she had been a resident of West Hartford, Besides her husband, Edwin P. Lamphier, Sr., she is survived by two sons, Edwin P. Lamphier, assistant treasurer of the Commercial Trust Co., and Bertram P. Lamphier in California and a daughter, M Eloise 8. Lamphier with whom she had made her home in West Hart- ford. Funeral services will be held to- morrow afternoon at 2:30 at the Canton Center church. Burial will be in Canton Center cemetery. The remains will lie in state at the funeral parlors of J. M. Curtin & Sons until tomorrow afternoon at 1:15. Richard-Murray Fisher, Jr. Richard Murray Fisher, Jr., four year, eight day old son of Mr. and Mrs. Richard Murray Fisher, died this, morning at his home, 337 ‘Washington street, following an ill- ness with scarlet fever. The funeral will be held tomor- row morning from his home at 11 o'clock and will be private. Burial will be in Fairview cemetery. Anthony Maulucel Anthony Maulucci, 17 day old |son of Mr. and Mrs. Pasquale Mau- lucci of 120 Beaver street, died yes- terday at the home of his parents after an illness of several days. Funeral services were held this afternoon at 2 o'clock at the home. John Kmiecicnski John Kmiccienski, aged 43, of Main street, Terryville, died Satur- day afternoon at the Bristol hos- pital following an operation. Mr. Kmiccienskl was employed by the Eagle Lock Co. and was a member of the While Eagles of Terryville. Surviving is a sister in Poland. Funeral services will be held to- morrow morning at 8:30 at the home of Mrs. Camilia Tomczewska, of 41 Burnham street, a cousin, and at 9 o'clock at St. Casimir church, Terryville. Burial will be in St Mary's cemetery, Terryville. [ Funerals | JOhn A. Samuclson TFuneral services for John A. Samuelson, aged 72, of 45 Rhodes street, who died Friday, were held this afternoon at 3 o'clock at Erwin chapel. Rev. Axel Peterson of the Elim Swedish Baptist church offi- ciated and burial was in Fairview cemetery. SANFORD WILL FILED Bridgeport, April 7 (®—The will of Charles G. Sanford, former presi- dent of the First National bank here disposes of an estate of $1,125,000, it was estimated in probate court today. The largest part of the estate is left to the widow. There are no pub- lic bequests. Sir A. Conon Doyle often wrote 12,000 words of a Sherlock Holmes story without leaving his desk. has | Burial was in St. Mary's cemetery. | lliudson Motor 5 In Stock Market Volume Is Fairly Heavy, Averaging More Than a Million Shares Per Hour in Early Sales — New Highs Hit by More Than 50 Stocks. New York, April 7 UP—Frequent shifts of speculative sentiment characterized today's stock market, with a sharp upward tendency de- veloping in the afternoon on the| lowering of the call money rate from | 4 to 3% per cent, Bear traders made repeated efforts to unsettle the gencral list by hammering some of the public utilities, steels and specialties, but they ,made little headway as new leaders were in- variably brought forward in other sections of the list to revive bullish | enthusiasm. | Volume Fairly Heavy | Trading was in fairly heavy| volume, averaging more than a mil- lion shares an hour in early trad- ing. Several blocks of 5,000 to 40, | 000 sharcs changed hands during he session. New high records for the year | were established by more than 50| stocks, the list including such out- standing leaders as American Tele- phone, General Motors, U. S. Steel | common, International Harvester | and Standard Oil of New York. | Except for the apparent settlement of the Fox Film controversy through the sale of the William Fox holdings {of voting stock, there was little news |over the week-end to influence mar- ket sentiment, while business news continues spotty, many observers were inclined to the opinion that | powerful financial interests were | committed to the side of higher stock prices in order to facilitate the many merger deals now pending, | and to help improve business senti- | ment. Although conservative houses have urged profit taking in trading | lines and caution in the making of | new commitments, none of them | openly advocate short selling at this Juncture. Fox Film Jumps Fox Film jumped 9 5-8 points on | the first sale but lost nearly half its | gain in the heavy profit-taking which | followed. Locws ran up 7 points and | General Theaters Equipment crossed | 50 to a new high for the year. War- ner Bros, Pictures, sccond quarter | carnings of which are believed to| {have fallen below earlier estimates, | dropped about 3 points but made up | most of the loss on predictions of a | record-breaking third quarter. | Call money renewed at 4 per cent | but the supply of funds became so plentiful that the rate was dropped | t0 3 1-2 in the early afternoon, Time money and bankers acceptance rates held steady. United Aircraft, which was under | pressure last weck as a result of the | failure of the directors of the Na-| tienal Air Transport to approve | merger terms, ran up 8 1-2 points to anew high record at 96 1-2. National Air Transport also moved into new high ground. Hocking Valley jumped 24 3-4 points to 525, duplicating the vear's high, on the announcement | that the interstate commerce com- mission had authorized the Chesa- peake & Ohio to acquire and operate the lines of the road, American Telephone Rises American Telephone, Vanadium Steel, U. S. Freight and National Bellas Hess sold § to 8 points high- er. American Machine & Foundry broke & points in the early selling| and Radio, Electric Power & Light, Eastman Kodak and Allied Chemi- cal sold down 2 to 3 1-2 points. THE MARKET AT 2:30-3:00 P. M. Total sales to 2:10 p. m.—4,223,- 000 shares. High 147 T.ow Close | Air Reduction 14 | Allied Chem . 214 | Allis Chalmers 65 | Am Bank Note | Am Bosch Mag . Am Can .... | Am Car &Vdy Am Com Alco 251 Am & Fgn Pw 933 | Am Loco .... 5| A mSmelting 7612 | Am Tel &Tel 2681, | Am Woelen, ¢ 3 5 Anaconda Atchison ..... Atlantic Ref Balt & Ohio Bendix Avia .. Beth Steel . Briggs Mfg Bucyrus Erie - Bush Term cm 4173 Calmt Hecla . 281 Canada Dry Can Pacofic Cer De Pasco . Ches & Ohio CMStP &P Chi & North Chi Pne Tl cm CRI&P .. Chrysler Mot Columbia Gas x Com Solvents . Cong-Nairn Con Gas NY Continen Can . 697 Corn Prod ...104% Crucible Steel §9% Curtis Wrt cm 147% Dav Chemical 40% Easmn Kodak 233 Elec Autolite 11173 Elec Pwr & Lt 95% Erie R R ... 3 Fox Film A.. 350 ¥reeport Tex 47 Gen Am Tank 111% Genl Asphalt 71% Genl Electric 1% Genl Foods .. 50% Genl Motors . 515 Genl Pub Serv & Genl Rwy Sig 105% Glidden Co cm 34% Gold Dust ... Goodrich Rub Graham Paige Grndy Con Cop 5 Gt Northrn pfd 993 2385, 513 20% 57% 1073 Trend Shifts Frequently Today With Up Swing In Afternoon On Low Call M Inspirat'n Cop 29 Intl Cement .. Intl Harvester 10 Intl Nickel Intl Tel & Tel 697% Johns-Manv'le 135 Kansas City so § Kresge Co . Kroger 39 Liquid Cab'n'c 78 Marlin-R'kwell 517 Math Alkali 49 MK&TRR Mont Ward .. Nash Motors .. Nat Biscuit Nat Cash Reg . N Y Central N Haven R R North Am Co Packard Mot . Pan-Am B ... Par't Lasky .. Phillips Pet Pub Sery NJ Pullman Co Radio Corp Rad-Keith-Or Reading RR Rem Rand Rep Irn & Stl Roy Dutch NY i Sears Rochuck Sinclair 0Oil Southern Pac Southern Ry Stand Brands Standard Gas Std 0il Cal Std Oil of NJ § 8td Qil of NY Stewart W'rner 457 Studebaker ... 42% 40 4894 | Texas Corp. .. Texas Guli Sul 6 Timk'n Rol Ber 8§63 Union Carbide 103% Union Pacific 2361 U'td Gas & I'p 457 United Corp .. 46% U S Ind Alco 10574 U S Rubber ... 33% U & Steel . . 197 Vanadium ‘1 115 Wabash RR .. 641; Warner Br Pic 787 West'gh's Elec 19015 Willys Overland 915 Woolworth ... 63% LOCAL STOCKS (Furnished by Putnam & Co.) Insurance Stocks Bid Actna Casualty Aetna Life Ins Co ... Aetna Fire Autoniobile Ins .. | Conn General Hartford Fire g Hfd Steam Boiler .. National Fire Fhoenix Tire T Travelers Ins Co .....1365 Manufacturing Stocks Am Hardware Arrow-Hart & Heg: Billings & Spencer . Bristol Brass . City Company Colt's Arms Eagle Lock Fafnir Bearing Co . Hart & Cooley Landers, ¥ ... N B Machine North & Judd . Palmer Bros .. Feck, Stowe & Wil .. Russell Mfg Co . Scovill Mfg Co Standard Screw . Stanley Works Torrington Co . Union Mfg Co YVeeder-Root . . Public Utllitles Stocks Conn Elec Servic Conn Lt & P 5 Conn_Power Hfd Elec Light Hfd Gas Co com . Hfd Gas Co pfd . N'B Gas ...... Southern N E Tel ....185 TREASURY BALANCE Treasury Balance, $355,901,735. s Wall Street Briefs : New York, April T—Orders re- ceived by the Allis-Chalmers Manu- | facturing Co. of Milwaukee, during | 231, |the first quarter totaled §14,662,000, an first quarter of last year. orders on March 31, £15,554,000, compared $72,000 on Jan. 1, The Commercial Credit Co. of | Baltimore, has acquired control of the Credit Alliance Corp., through | increase of $1.402,000 over th-| Unfilled aggregated with $12,- | an exchange of §0 per cent of thu| common stock of the latter company | for common stock of the Comme cial Credit Co. Steel production in the Chicago | district this week is expected to be | maintained at between 80 to cent of rated capacity. Jewel Tea Co. sales during four week ending March 2 amounted to $1,284,868, compared with $1,300,900 for the samec weceks in 1929, a decrease of 1.23 per cent the average number of sales routes for the parallel weeks in 1930 was 1,224, and in 1929, 1,167, WARRANT ISSUES FLURRIED TODAY General Theaters Equipment Skyrockets to New Record New York, April 7 (®—Trading in bonds without speculative appcal continued dull today, but there was another flurry in the convertible and warrant issyes. Some dealers report- ed a firming in time loans but ca money was casy at the renewal figurc of 4 per cent and the rate was re- duced to 3%. The American Telephone Converti- ble 4%, the market leader, turned «u small net loss into a new high for the PUTNAM & CO. 31 WEST MAIN ST., NEW TEL. 2040 6 CENTRAL ROW, _. TEL. 2118 BRITAIN MARTRORD | We Offer: AMERICAN SUPERPOWER $6 1st PFD. COMMUNITY WATER SERVICE $7 PFD. FEDERAL WATER SERVICE $7 PFD. GREENWICH WATER & GAS SYSTEM 6% PFD. Prices on Application EppYBROTHERS &C2 Members Hartford Stock Exchange NEW BRITAIN, 29 W. Main Street HARTFORD MERIDEN 33 Lewis Street 43 Coleny Street We have prepared a circular on American Power & Light Co. Which we will be glad to send on request. M. L. GORDON & CO. Investments — Securities 300 MAIN ST. TEL. 6119 - 5900 UTILITIES POWER & LIGHT (Listed On New York Curb) Shaw & Comprenmy MEMBERS HARTFORD STOCK EXCHANGE * New Britain National Bank Bldg. . Tei. 5200. Bernard A, Conley. Brayton A. Porter. DIRECT PRIVATE NEW YORK PHONE CANAL 4517-8. We Offer: Central States Electric Corp. Common Stock Annual Dividends—107; Stock Plus 40 Cents in Cash. Stovenson. Gregory & o, Members of New York and Hartford Stock Exchanges 55 West Main Street New Britain Phone 2580 Stuart G. Segar, Manager We Offer: \ BROOKLYN TRUST Price on Application. “Investments That Grow” Fuller, Richter, Aldrich & Co. COMMERCIAL TRUST BUILDING NEW BRITAIN MEMBERS HARTFORD STOCE EXCHANGE Joseph M. Halloran, Managez, Tel. 1358 Phoenix Insurance Company AN ESTIMATE OF WORTH Liquidating Value Dec. 31, 19 $34,§00.000 Undisclosed equity in subsidiaries . $12,500,000 Estimate of appreciation of securities since i Dec. 31, 1929 ..,... vevieees $ 1,650,000 $48,550,000 | ! | | Total .. | EQUAL to $81.00 per share | MARKET, $89 per share . Fire stocks usually sell at a premium of 50-75% | over their liquidating value—PHOENIX APPEARS DISTINCTLY DERVALUED: advanced | Tron 6's equalled their 1930 top. debentures| Although trading in the remain- sur-|der of the market was listless, there k of | was sufficient demand to keep prices. ‘made last Saturday. | of leading rails and utilities up to neral Theaters IEquipment 6's | the Saturday closing. New Ym'F Telephone Ge, New York Central EIR0 o gedylEcr ot Consolidated Gas of New York 6% shanbe SOl ol : | Pennsylvania 6 s, Midvale Steel bs. Loew's 6's were less active in the|yyiernational Telephone —debenture amusement group, but managed 10| 5 <ore among the most activo- advance more than 2 points on light | o g 3 buying. Warner Brothers Plotures| 0 g cotenments wera were dull, sagging almost to their| low. Another heavy spot was thelfirm in the carly dealings. Toreign International Telephone convertible | bonds fraded slowly, with German F 1-2, off 1 1-2. Reading Coal &!7s getting back to 109, year as the stock wround midday. Th pushed up several poin ssing their former 19 e rocketing price.

Other pages from this issue: