New Britain Herald Newspaper, April 8, 1930, Page 19

TRADING NERVOUS ON CURB MARKET Proft Taking Heavy With Price Trend Narrow New York, April 8 (A—Trading Wwas a nervous and uncertain char- acter in today's curb market. Profit taking was heavy, but was fairly well absorbed. Price trends were largely narrow and irregular. The utility shares were inclined to case. Niagara Hudson, a recent strong feature, slipped back about a point in profit taking. United Light and Power “A" and Middle West Utilities sagged moderately. The United Gas stocks were under pro- nounced/ pressure, the new shares touching 24, a new low since trad- ing was initiated on this market. Electric Bond and Share fluctuated in a narrow area. Consolidated Gas Utilities “B” sagged a couple of points to a new low. Fox Theaters “A” was again a strong feature, rising to new high ground for the year above 13. American Chain and American Cyan- amid “B” rallied a little. Libbey Mc- Neil, however, broke sharply, thc annual report apparently failing to come up to expectations. Anglo Chilean Nitrate fell back a couple of points, and Perfection Stove, a comparatively inactive issue, drop- ped- 9. Oils appeared to have tired after their recent advance, and moved un- certainly. Cities Service lost more than a point in active trading. Gulf was firm. In the mines, Newmont reacted a few points in sympathy with heaviness of coppers on the big board. Investment company and invest- ment trust issues were irregular. Railway and light sccurities was a strong feature, rising 3 points to new high ground for the year. Tag- gart Corp. sagged in recalizing on its recent advance, and United I'ounders was again under pressure. ARTS EXHIBIT OPENED Lisbon, April 8 P—The 27th Por- tuguese finc arts exhibition was opened today by President Carmona, members of the cabinet and {he entire diplomatic corps. Paintings of 300 cxhibitors are shown. JOIN THIS PROSPEROUS FAMILY 170,000 INVESTORS $33,000,000 RESOURCES HE Investors Syndicate f: ily enjoy the advantages of a time-proved Plan for bullding fortunes ranging from $1,000 to $250,000 on convenlent pay- ments. Ask for Informative booklet, “Enjoy Monsy,” Without obllgation send me booklet, “Enjoy Money."” Name .oiiiiniiiiiiieniiiis Address ......iiiiiiiiiiiiiiieg INVESTORS SYNDICATE FOUNDED* 1894 59 West Main Street New Britain Tel.: 2663 Second National Bank Blds. NEW HAVEN OPFICES IN 51 PRINCIPAL CITIES NEW BRITAIN DAILY HERALD, TUESDAY, APRIL 8, 1930. Wars On Sin |COMMUNIST TRID NEA New < Bureau If you hear about New Yorkers turn- ing from the paths of wickedness some day soon, probably a lot of the credit will be due pretty Dolores Dudley, 16-yegr-old evangelist, pic- tured above in the pulpit of a Man- hattan church. She has come out of the West “to reclaim New York from sin"—and has never seen a stage show, talking picture or night club. BRICK MILL SOLD Westerly, “R. I, April 8 (P—As the only bidder at an auction the Knight Finance corporation today bought the five-story brick mill owned by the B. B. & R. Knight company in White Rock, a village, for $15,000. The salc included 36 acres of land with mill rights along the Paw- catuck river. The B. B. & R. Knight company two years ago, sold its property in the village, some 20 houses going to individuals. The mill was bought by the Traco Mfg. company, but plans to operate the plant were not put through and the Knight company had the mill on its hands again. The finance company is in the or- ganization which has been liquidat- ing the mill properties of the Knight company. ] Of TRAITIC MEN ption of how cars ar: handled at the Cedwr MIIl transfer vards at New Haven was given by John O'Brien, general manager of the yards, at a meeting of the New Britain Traffic Bureaun last evening. Freight rates, spring meeting ani s of techincal inter- re discussed. A little more than 99.9 per cent of the country’s 1929 production of sulphur came from Texas. Talented Dancer Assoclated Press Photo. Joan Keena, daughter of the Amer- ican consul general at Paris, is win- ning fame as a dancer on the French stage. { 1 BEFORE BEARDSLEY { Police Testily in Trials of Three Red Agitators Waterbury, April 8 (I)—Police officers -headed by Superintendent of ‘Police Joseph H. McLean took the witness stand this afternoon in the criminal court of common pleas at the trial of Rose Ross, Harry Hersh and John Borgnis, all charged with | breach of the peace, as a result of |a disturbance in front of the city hall on March 6 in connection with a nationwide demonstration. The de- | fendants asked for the right to poll the jury and exercised nine chal- lenges, while Judge Harry J. Beard- sley excused four men. The head of the police department stated that one of his reasons for refusing the permit for a parade and speech making in front of city hall March 6 was that it would tie up traffic, especially as they wanted to stop there and it would interfere with the fire department. Superintendent McLean said no order was given for the clubbing of any communists. One hundred of- ficers were on dufty at city hall that day. Several of the men called for ex- amination as prospective jurymen were excused when they told the court that they were of the opinion that the accused were guilty. TWO COMPANIES FINED Boston, April § P—Fines of $5,- 000 and $3,000, respectively, were imposed in United States district court herc today upon the William Connors Paint & Manufacturing company of Troy, N. Y., and Stanley Doggett, Inc., of New York city, fol- lowing pleas of guilty to indictments charging them with accepting rate concessions from various railroads upon shipments of paint materials. TO OPEN BIDS President Pardon C. Rickey of the Chamber of Commerce an- nounced today that bids for the building of the municipal golf course will be opened at the Cham- ber of Commerce Theadquarters Thursday evening. The general committee will make recommendai- tions and the contract will be awarded by the park board. TESTIFIES AGAINST GIRL Waukegan, Ill, April 8§ (UP)— Mrs. Alice J. Hawkins, 74, who injured scriously two yecars ago when her daughter, Miss Ida H. Hawkins, lost control of her car and drove it over a curbing, testified in circuit court in attempting to collect $15,000 damages from Miss Haw- Kins. CLAIM STABBER CONFE: Boston, April 8 UP—Police today that Joseph Bailey, 55, of Roxbury, confessed that he had stabbed Arthur K. Sutton, of the same addr whose body was found in the hallwvay of his home Saturday night. Bailey said that he was forced to use a knife in defend- ing himself against Sutton during a quarrel, according to the pelice. Bailey was being held on suspi- cion. SED said HORNSBY TO JOIN CLUB St. Louis, April 8 (P—An exam- ination today of Rogers Iornsby's sore heel by his physician, Dr. Ron- ert F. Hyland, was followed by an announcement that the slugging second baseman of the Chicago Cubs will be permitted to rejoin the club in Kansas City Friday and play in the opening day game here April 15. TO IMPROVE HARBORS ment of the Housatonic river, Con- necticut, at a cost of $345,000, and of New Haven harbor at a cost of $153,000 was approved today by the house rivers and harbors commit- | tee. Improvements in the Thames river in Connecticut, dosting $169,- 000, also were approved. All three projects will be incorporated in the omnibus river and harbors bill soon to be reported to the house. NEW ISSUE Net Debt.. Population 1920 U, S. Census Population 1930 (estimated) . Tax Exempt in Connecticut $725,000 4% Bonds FINANCIAL STATEMENT (As officially reported) Assessed Valuation Total Bonded Debt Less Water Bonds Less Sinking Fund Due annually August 1, 1930-69 Exempt from all Federal Income Taxcs City of New Britain, Conn. Legal for savings banks and trust funds in New York, Connecticut and Massachusetts $1,390,000 432,879 59,316 0,000 THE CITY OF NEW BRITAIN, located in Hartford County, was incorporated in 1850. These bonds, issued for Water, School, Sewer and Subway purposes, are direct gencral obligations of the entire City payable from unlimited ad valorem taxes. Legality to be approved by Messrs. Storey, Thorndike, Palmer & Prices to yield 3.75% to 4.10% H.M. Byllesby and Company M.F. Schlater&Co. Incorporated Stephens & Company Eddy Brothers & Co. The above information, while not guaraateed, has been obtained from reliable sources. $134,447,588 8,092,000 1,822,879 6,269,121 5 Dodge, Boslon. Incorporated Washington, April 8 (P—Develop- | (AVIATOR PAYS TRIBUTE OVER GRAVE OF FRIEND { Licut. Wright Salutes Late C. E. Jacobson During Services at St. Mary's Cemetery. Final tribute was paid to Clar- ence Everet Jacobson of Cranston terrace at St. Mary's cemetery today when Lieut. Charles Wright figw in an airplanc over the grave and made four dips at the conclusion of the service as a final salute today. Licut. Wright and Jacobson were members of the old Mohawk A. C. many members of which attended the obsequies. Funeral services were held this morning at 9 o'clock at St. Mary's church. Rev. Walter J. Lyddy was the celebrant of a solemn high mass of requiem and he was assist- cd by Rev. Thomas F. Lawlor. As the casket was borne into the church Organist John J. Crean played Chopin’s funeral march. Mrs. Mary T. Crean sang “Pic Jesu” at the offertory and at the communion Organist Crean played “Nearer My God to Thee” on the chimes. At the conclusion of the services Organist Crean sang “Take My Hand, Dear Jesus,” and as the casket was borne from the church Organist Crean played “Jesus Lover of My Soul.” The pall bearers were John Whit- tacker, Everct Arbour, Leonarg Jackson. George Lynch, telli and Howard Butler. Rev. Father Lyddy, assisted by Rev. Matthew J. Traynor, pastor, conducted the committal services. NORMAN HEADS BANK London, April § (®P—Montagu Norman was re-clected governor of the Bank of England today. This makes the eleventh year in which he will fill the officc of governor to which he was first eclected in 1920. Sir Ernest Musgrave Harvey elected deputy governor. was WOMAN CIT New York, April enumerator in the Bronx tells this of the a Bronx u a citizen he asked housewife. “Yes,” she replied complacently. “I'vc been neutralized.” WORLD AUTO FIGURF Detroit, April 8 (#—World pro- duction of 169,045 cars and truck during March was announced today by the I'ord "Motor Company. Th | compares with 131,747 in Februa land 98,520 in January. April sche ules call for production of approx mately 9,000 cars and trucks a day Deaths Mrs. Amelia Ellert Mrs. Amelia Ellert, aged 74, one of the oldest German residents ot Newington, died yesterday at the Lome of her daughter, Mrs, Tda Schidel of Olive street, Maple Hill Manor, Newington, Born in Germaay, she came to this city many years ago but had been.a resident ot Newington for the past two weeks. She was the widow of Adolph Ellert. Besides her daughter, Mrs. Schidel, with whom she had made her home, Mrs. Ellert survived by another daughter, Mrs. Christian Winpf- heiner of Granby; three sons, Emil Ellert of Newington, Albert Ellert of Plainville and Edward Ellert of West Hartford. Funeral services will be held to- morrow afternoon at 1:45 with pray- ers at the home of Mrs. Schidel of Newington and at 2:30 at St. Mat- thew's German Lutheran church, this city. Rev. A. C. T. Stecge, pas- tor, will officiate and burial will be in Fairview cemeter, Mrs, Frank C. Radil Mrs. Julia Katherine Radil, aged wife of Frank C. Radil of 118 Monroe street, died this morning at the hospital. She was a native of this city and had spent all her life her Mrs. Radil was a chartes member of the Unity Rebecca lodge, I. O. 0. F., and was a member of the South Congregational church for many years Besides her husband vived by a sister, Mrs. Neftie L. Herwig of this city and a brother, Henry J. Walther, also of this city. Funeral services will be Theld Thursday afternoon at 3 o'clock at the home. Rev. Dr. George W. C. Hill, pastor of the South Congrega- tional church, will officiate. Burial will be in Fairview cemetery. she is sur- Funerals Mrs. Albert E. Hills The funeral of Ellen Thrall Hills, widow of Albert E. Hills of this city, | was held this afternoon from the Cooper funeral parlogs in Suffield. Rev. Charles Wilcox of Windsor, officiated and burial was in Wood- lawn cemetery, Sufficld. Mrs. Hills died Sunday at home of her daughter, Mrs. Ellen | Sikes in Springfield, M follow- ing a short illness. She was in her $7th year. Her home in this city was on Wallace street, where she re- sided until the death of her hus- band, which resulted from an acci- dent in_alighting from a bus in 21, Besides her daughter, Mrs. fkes, she leaves a son, Harry J. Thrall of East Hartford: a daugh ter, Mrs. Annic H. T. Welles of Frederick street, Hartford, seven grandchildren. the 27 and Mre. Ella J. Lamphier Funeral services for Mrs. Ella J. Lampbhier, aged 72, who died Satur- day at her home in West Hartford, were held this afternoon at 0 at the Canton Center church and burial was in Canton Center cemetery. Richard M. Fisher, Jr. Funeral services for Richard M. Fisher, Jr., four year old son of Mr. and Mrs. Richard M. IPisher of 337 ‘Washington street, who died yester- day, were held this morning at 11 o'clock at the home of his parents. ‘Bunal was in Fairview cemetery. Carl Res-! RALIZED (P—A census | ply of funds appeared. Disturbing Business News Unsettles List—Trading Shows Moderate De- crease in Volume — Call Money Agai; Drops. New York, April ¢ (P —Extreme nervousness of professional traders was reflected in highly crratic price movements in today's stock market, although speculators for the advance appeared to retain the advantage. Trading showed a moderate falling off in volume, with fewer large blocks appearing on the tape. The ticker kept fairly well abreast of the market in the carly trading. News Not Encouraging Business news was not very en- couraging. Steel Ingot output in March was the lowest of any similar month since 1925, prices are at new low levels and a decrease in the un- filled orders of the United States Steel Corporation is expected Thurs- day. President Denney of the Eric Railroad told stockholders that busi- ness conditions were such that he could not forccast when dividends on the common stock would be inaugu- rated. Increasing doubt over the abil- ity of copper producers to maintain the 15 cents a pound price for the red metal is apparent. The Standard 0il of New York announced an in- crease in gasoline prices in its terri- tory, coincident with reports of another decrease in the daily aver- age of crude oil production last week. Call money rencwed at 4 per cent, but dropped to 3% again in the curly afternoon when a large sup- 1'ear Technical Reaction Much of today's selling was spired by the growing belief that the market was entitled to at least a technical reaction after its recent ad- vance. However, the repeated ef- [terts of bear traders to “catch the top” have proved expensive. United Aircraft, for instance, sold up to a new high der the weight of heavy selling for both accounts, and then ran up to another new high at 99. American Telephone sold off 4 points on a| cenlal of rumors that a capital stock | split up or a distribution of its western clectric holdings was con- templated, less. Peoples Gas dropped roints to 303, and snapped back to 515, Vanadium sold down 3 points to 110 1 and rebounded to 117. Sim- ilar recoveries took place in Worth ington Pump, and a number of oth- er specialties. U. 8. Steel Under Pressure U. 8. Steel common appeared to be under rather steady sclling pres- sure, vielding about 2 points. Re- vival of activity and strength in General Motors, which crossed 52 to a new high for the year, was based on reports that the Fisher interests were again active in the stock, and that it was pointed for higher levels. Yellow Truck advanc- ed to a new high in sympathy. Foster Wheeler preferred soared 10 poinds to a new high at 210, Among the many other issues to reach new high ground were Radio- Keith-Orpheum which crossed 44 on a heavy turnover; American Can, Timken Roller Bearing, Corn Prod- ucts, Stone & Webster, Raybestos, Shubert Theaters, Best & Co., and National Air Transport. A Dbrisk demand for the Chicago Great Western Yssues, based on re- ports that the Joyce interests are now in control, featured the rail- road group. Some of the early soft spots were Allied Chemical, U. S. Freight, American Machine & Found Youngstown Sheet & Tube, Ameri- can Tobacco “B"” and Simmons Co. 71 ¢7 2. 2:30-3:00 P, M. P. THE MARKET AT Total sales to 2:10 000 shares, m.—3,600,- High Air Reduction 14 Allied Chem . Alis Chalmers Am Bank Note Am Bosch Mag Am Can Am Car & Fdy Am Com Alco Am & Fgn Pw Am Loco . Am Smelting Am Tel & Tel Am Woolen, ¢ Anaconda, Atchison . Atlantic Ref .. Balt & Ohio .. Bendiv Avia .. Beth Steel Briggs Mfg Bucyrus Erie Bush Term cm 4 Calm & Hecla . Canada Dry an Pac Cer De Pasco . Ches & Ohio CMBtP &P 24% Chi & North Chi Pne Tl cm CRI&P:. Chrysler Mot Columbia Gas . Com Solvents . Cong-Nairn Con Gas NY . Continen Can - 6 “orn Prod Crucible Steel “urtiss Wrt cm 147% Dav Chemical 4‘”’: Del & Hudson 1787 Easmn Kodak 234 Elec Autolite 1117% Elec Pwr & Lt 93% Erie R R ... 60 Fox Film A.. 493% Freeport Tex 47% Gen Am Tank 1107% Genl Asphalt 707% Genl Electric 90% Genl Foods 507 Genl Motors .. Genl Pub Sery Genl Rwy Sig 1 Glidden Co cm Gold Dust Goodrich Rub ) Tow 63% 93 50% 15414 517 in- t 98 1-4, broke to 95 un-| but quickly recovered ifs | Extreme Nervousness Reflected In Erratic Market Price Levels; Advance Speculators Have Edge Graham Paige Grndy Con Cop G: Norton pfd Hudson Motor Inspiratn Cop Intl Cement . Intl Harvester 104% Intl Nickel ... 43 Intl Tel & Tel 6 John Kansas City So Kresge Co ... Kroger Groc'y Liquid Cab'n'e Marlin-R'kwell Math Alkali MK&TRR Missouri Pac . Mont Ward Nash Motors .. Nat Biscuit ! Nat Cash Reg N Y Central . N Haven R R North Am Co North Pac Packard Mot .. Pan-Am B Par't Lasky Phillips Det Pub Serv NJ Pullman Co .. Radio Corp Rad-Keith-Or Reading RR Rem Rand Rep Trn & St 707 Roy Dutch NY 55% {8t I, San Fran 1153¢ Sears Roebuck 8§97 Sinclair Oil .. 31% Southern P Southern R Stand Brands Standard Gas td Oil Cal Std Ol of NJ Std Oil of NY Stewart W'rer Studebaker .. Texas Corp ... Texas Gulf Sul 6 Timk'n Rol Ber $7& Union Carbide 1047% Union Pagific U'td Gas & I'p 4 | Tnited Corp .. 4613 | U'S Ind Alco 1045 | U s Rubber ... 331 US Steel 197 Vanadium i R Wabash RR ... 64 | Warner Br Pic 7 West'gh's Elec 1871 Willys Overland 1015 Woolworth .. 647 113 565 10114 H 1887 L1143 s31; 1% LSS 6375 HARTFORD STOCK EXCHANGL (Furnished by Eddy Bros, & Co.) Railroads Hfd & Conn West R R guar ... 20f Bank: s and Trust la-v-me- Bankers Trust Co ... Capitol Natl Bank & 1Ir y Bank & Trust Co Commerctal Trust Co of Conn River Banking Co . First National Bank Hfd Natl Bank & Trust Co . Htd-Conn Trust Co 5 Merchants Bank & Trust Co Morris Plan Bank of Hid . Mutual Bank & Trust Co Mutual Bank & Trust Co V. T G New Britain Trust Co . Park Street Trust Co Phoenix State Bank & Trust Co 435 Riverside Trust Co West Hartford Trust Finance Companics Hfd Aetna Realty Co . Land Mtge & Title Co Underwriters Finance Cq Underwriters Finance, Lire Insurnnce (omp‘mn Aetna (Fire) Tns Co Automobile Ins Co . Hfd Fire Ins Co .... National Y¥ire Ins Co Phoenix Ins Co . Rogsia Ins Co . Life, Indemnity 43 oo 140 165 130 15 180 200 | 240 | 250 30 . 4] 45 and " Gther Insurance Companies Aetna Casuglty & surety Co ... 157 Aetns Life Ins Co ... 95 Conn_Gen Life Ins Co . Htd Steam Boil Insp & Ins o Lincoln Natl Life Ins Co . Travelers Ins o . Tublic Utilities Conn Elec Service Co Conn Fower Co . Greenwich Water & Higututco 162 2 ‘Telephone Co ..... Manufacturing Acme Wire Co 1 Hardware Corp can Josiery Co American Silver American Thread Co, pfd Arrow-H & H Elec Co . Arcow-H & H Elec Automatic Refrigerati Balf (The Edward) Co Beaton & Cadwell Mig Co . Bigelow-H{d Carpet Cu, com ... Bigelow-Hid Carpet Co, pid ... Billings & Spencer Co . s Corp s Corp, Colt's Patent “ire Xrms Mg Bagle Lock Ci e com, Clas Hartman Tobacco Co Hartman Tobacco Co, pfd International Silver Co, com International Silver Co, pfd Jacobs Mfg Co ... Landers, Irary : Manning, Bowman & Co, Cla Manning, Bowman & Co, Cla National Marine Lamp Co . N B Machine Co N B Mach Co, pfd New DLeparture Mfg Co, Niles-Bement-Pond Co North & Judd Mfg Uo . Peck, Stow & Wilcox Plimpten Mfz Co Russell Mfg Co ... Seth Thomas Cloc Seth Thomas Clock Co, Smyth Mfg Co . Standard Screw Standard Screw Co, pfd Stanley Securities Co Stanley Works, com . Taylor & Yenp Co ... Terry Steam Turbine Co . 'S Enveiope Co, com . U 8 Xnvelope Co, pfd Veeder-Root, Inc 4. Whitlock Cofl Pipe Co Wiley-Bickford-Sweet Co, Winsted Hosiery Co pfd | o | 155 TREA Treasury URY BALANCE Balance, Wall Street Briefs New York, April 8.—March earn- ings of the Northern Pacific rail- way will show a decline of approxi- mately the same proportion as the road reported for the first two months of the year, Charles Donncl- ly, president, said today. Work on the merger of the Northern Pacific and the Great Northern is progr ing in the west, he added, and it is believed a definite plan will have been arrived at within a month. $348,121,641. | TEL i FEDERAL WATER NEW BRITAIN, HARTFORD 33 Lewis Street AETNA LIFE 31 WEST MAIN ST, NEW BRIDAN 2040 We Offer: AMERICAN SUPERPOWER $6 1st PFD. COMMUNITY WATER SERVICE $7 PFD. SERVICE $7 PFD. GREENWICH WATIEJEI}D& GAS SYSTEM Prigcs on Application EDDYBROTHERS £ (2 Members Hastford Stock Exchange 29W, Main Street MERIDEN 43 Colony Street INSURANCE AETNA CASUALTY SURETY HARTFORD FIRE INSURANCE M. L. GORDON & CO. Investments — Securities 300 MAIN ST TEL. 6119 - 5800 UTILITIES POWER & LIGHT (Listed On N We Offer: New York Curb) HINCKS BROS & CO Members New York Stock Exchange 53 WEST MAIN STREET TEL. 6505 Columbia Gas & Electric the American Telephone & Tele- | graph Co. amounted to $2,909.838, | compared with $3,451,674 in Febru- ary, 1929. Ward Melville has succeeded his | father, Frank Melville, Jr., to the | presidency of the Melville Shoe Corp. | The elder Melville, in turn, has been | made chairman of the board, a new- ! ly created positio The daily average production of | oil in ihe United States during the | week ending April 5, the Oil and | Gas Journal rcportse totaled 2| 85 barrcls, a decrease of 2,- | 716 from the preceding week, dividend of $1.50 a on the new the Durham | on May 1, D. A quarterly share will be declared preferred stock of | Hosiery Mills, TInc, | P. Carey, president, announced to- av. This will b the first dividend | eclaration by the company since 1924, BONDS FIRMER IN INVESTMENT LINES { Trading in Convertbles Shows. | Less Aotivity on Market New! ment bonds displayed (P)—Tnvest- | a somewhat s market, In- York, April 8§ firmer tone in tod quiry for representative high grade s quickéned and a majority of earlier buying orders were exe- cuted at slightly higher levels. Convertible and warrant obligations | traded less actively. Prices were | highly irregular but mostly lower in sympathy with the trend in share quotations. A more plentiful supply of time money was attracted into the market by the firmer rates but demand continued light. The recent stiffen- ing in term funds is attributed in part to a belief by some leaders that the expanding volume of stock trading may be reflected by higher interest rates as spring advances. Small commercial demand for funds is reported at present. The excellent undertone which jthe general investment list has demonstrated during the past fort- night became more obvious today in the early inquiry for such issucs as Canadian Pacific debenture 4s Baltimore & Ohio refunding 53, Purlington 4 Southern Railway General 6ls, International Tele- thone 5s, Tllinois Bell Telephone 3a. Wabash 41s and American Smelt- | tor | W The February operating income of on increased turnovers. Tu the stock option group, & pere icd of early heaviness saw maxi- mum declines of - 1 to 3 points’in American Telsphone 4‘-e Geneml Theaters Equipment 6s an” Internd- tional Telephone 41s. "ihe Tele- phone Bond met considerable profit taking and dipped about 3 points although it subsequently recovered‘ Warner Brothers Pictures 6s were | steady. Offering of a $50,000,000 2ddt- tional issue of Erie railroad refund- ing ~and improvement b5s at 961 brought the listed bonds of ths same mortgage down half a point |to meet that price. Proceeds of the new block are to be used in part the payment of maturing 7s.” Securities of the United States government were dull and mixeq, while foreign honds moved in the Y\\IV\U! fractions. 3 CHAIRMAN NRESIGHS STATE LEADERSHIP Kansas Democrat Quifs Post—- Woman in Charge Topeka, Kans., April 8 (P—John Wells today announced his res- ignation as democratic sttae chair man and turned over to a woman, Mrs. Carl V. Rice, of Parsons, the responsibilities of the party's leadq- ship in Kansas. Mrs. Rice is the first woman fo be placed at the helm of a majar party's state committee in Kansgs. She will serve until a new chajrman is chosen by the state party counsil |after the August primary, Although she is in Ther early thirties, the new state chalrman has been active in democratic organizé- tions since 1922 when she wils named secrctary of the Labette county committee. She is the mother of three children. Wells resigned to direct the cam- paign of Harry H. Woodring ef Neodesha for the democratic nom- ination for governor. BOY MASQUERADER EXPOSED Chicago, April 8 (UP)—After two years of wearing Dboy's clothes, working as garage attendant and &l- evator operator, 16-year-old Elingre Ulmer was back in dresses today and in bad humor about it. She was ree- ognized as a girl when she register- ed under the name of Albert Elnfer at Harper Junior High school, where she had attended classes as &. glfl rng 5s, all of which were very firm iwp years ago.