New Britain Herald Newspaper, August 8, 1930, Page 25

NEW BRITAIN DAILY HERALD, FRIDAY, AUGUST & 1930. RAILROAD ISSUES SHOW UP WELL Warner Brothers 65 Sell - at New Low Today New York, Aug. 8.—(/P—Railroad and Utility bonds méde a good show- ing in a quiet session today, as stock privilege issues turned reactionary in sympathy with a weak share market. Warner Brothers 6s sold off to & new low for the year, on a loss of more than a point and then recover- ed partially. St. Paul Adjustment 55 yielded 2 points in the early dealings, selling within 3 points of its year's low. The heavy trading in Rock Is- | land convertible 4 1-2s continued with the price slightly below yester- day's closing figure. General Thea- tres 6s were dull and about 1-2 point lower. Baltimore and Ohio 4 1-2s of 1333 sold at the years high price. As the day wore on, trading broadened in a highly selective mar- ket with high grade railroad and utility issues enjoying some price enhancement. Savings banks and in- gurance companies are reported to be largely responsible for the strong inquiry for the better grade domes- tic bonds but they are rather cau- tious, not desiring to precipitate higher prices. Nevertheless the price level has reached a point where even small fractions produce new high records for the year. Pennsylvania General 4 1-2s, le- gal for savings banks, reached a new peak, with 1-4 point gain. Bos- ton and Maine 55 were a conspicu- ous performer, at the year's best price. Atchison 4s and New York Central Deb. 4s were firm. Missouri Pacific 5 1-25 “A” turned down- ward, together with Erie 55, and New York Central refunding 55| Takes Wrong Auto, But Returns It to Owner Harry M. Herman of 277 Lin- wood street lost his automobile this noon. He told the police and the police began a search. The teletype sent the news all over the state, and then— Just after lunch, Michael Wynne, salesman for the Auto- motive Motor Sales Co., asked the police if they knew of a stolen car. They did. Did they know that he, by mistake, finding the car parked where he usually parks his car, had taken a friend home to lunch in the car and did not know that it was not his own car until that moment? They did not. Mr. Herman got his car. SIMON KOPLOWITZ DIES IN HOSPITAL Belvidere Resident in Fruit Business for Many Years Simon Koplowitz, aged 60, of 134 Stratford road for the past 30 years a fruit dealer in this city and Bris- tol, died this afternoon at 2 o'clock at the New Britain pital Mr. Koplowitz started the business with a horse and wagon in this city, trading with many farm- ers and residents. With the pur- chase of a truck a number of years ago he extended his trade into Bris- | tol. He was a member of the Forest- ers and the Congregation Tephereth | General hos- | fruit ———| J[;URB FEELS TREND |Sudden Storm of Liquidation On Deaths Michael F. Coffey Michae] F. Coffey of Waterbury, died yesterday in KEast Hartford. Born in Hartford, the son of the late Patrick and Ann Shaw Coffey tal city for many years. Besides his wife, Mrs. Elizabeth | O'Brien Ceffey, he is survived by three daughters, Mrs. James A O'Connell, Mrs. Herman E. Pitz and Miss Mollie A. Coffey of Hartford; | two sons, Francis P. and Edward J. Coffey of Nem York: two sisters, Mrs. Catherine Lannon and Miss | Elizabeth Coffey, both of this city; a brother, John J. Coffey of Bridge- port and 11 grandchildren. Funeral services will be held to- morrow morning at 8:30 at Dillon's funeral parlors, Hartford, and at § o'clock at St. Joseph's cathedral. Burial will be in Mt. St. Benedict | cemetery. 1 Mrs. Catherine Southey | Mrs. Catherine Southey, aged 75, of Carlton street, Collinsville, died Wednesday afternoon at 5 o'clock at the St. Lucian’s home on Burritt | street from complications incident |to age. She was an inmate at the institution for about two years. | Surviving are two sons in Collins- [ville. The remains were linsville for burial. taken to Col- Funerals —————— Mrs. John Nessel Fneral services for Mrs. John | Nessel, aged 70, of 330 Chapman | street, whose lifeless body was found | on the floor at her home Wednes- | |day, will be held tomorrow after- | noon at 2:30 at the home and Wt 3 he had been a resident of the Capi- | | Most of the oils and TOLOWER PRICES! Long Becalmed Stock Market Is Depressing to Many Big Issues Selling Steady During Earler Hours of Session | New York, Aug. 8 UPPInlluPnc“s' working for lower prices were in| the majority on the curb market to- | day and stocks turned heavy. Al-| though selling was in only fair| volume, it was nevertheless steady |during the earlier / hours and I | groups of shares felt the pressure. . | Resistance levels were uncavered oint or two below the Thursday | in many of the more active is- , but volatile shares broke sharp- | ly. On the whole, however, the market was quiet and offerings riostly in blocks of nominal size Liquidation was especially notice- able in the utilities and investment company shares. American Gas & | Electric was rather freely offered and slumped several points. Elec- tric Bond & Share dipped below for a loss of more than 2, wh American Superpower, United G International ~ Waterpower and | American Light & Traction yielded a point or more. Niagara Hudson and Middle West Utilities were s | Breaks of a point or so in 1 utilities investinents, enandoah common and Publi lity Holding | featured the investment trust and | |investment holding company group. Goldman Sachs again had to absorb | considerable selling and slid off to a new low. clo: natural gas issues were quiet, but the trading Lone Star Gas lost a couple of was at lower levels. Humble and | points. Vacuum, Houston Missouri Kansas Pipe and Gulf were heavy. Citles Service traded below of the | Selling Is Heaviest Experi- enced in Some Days Be- cause of Many Dividend Cuts. dings of stock » — arket The was to be in onal Intl Harvester Intl Tel Johns-Man Ka Ci Kresge Co. | Kroger Groc Liquid Cab Marlin-R M K & Missouri Mont Ward Nash Motors Nat Nat Cas N Y Ce N Have Oil of NJ 1 Oil of NY PUTNAM & CoO. Mambers New York & Hartford Siock Exchangas 31 WEST MAIN ST., NEW BRITAIN TEL. 2040 WARTPORD OFFICE, ¢ CENTRAL ROW, iis THL. 2-1148 We Offer: HARTFORD-AETNA REALTY CORP. 6s, Jan, 1959 These Bonds are Exempt From the Connecticut Four-Mill Tax Price to yield about : R EpDYBROTHERS 8 G2 Members Hartford Stock Exchange NEW BRITAIN, 29 W. Main Street HARTFORD 33 Lewis Street MERIDEN 3 Coleny Street We Ofter: 30 Shares RUSSELL MFG. CO. with losses confined to moderate | IST2€1 on Winter street | o'clock at Erwin chapel. Burial will o Tpacen Y fréctions. A aElc eBRnS AL I S 080 00 | nedin Ralrylewiicemetery Utilities showed a firmer tone as |lOWItz he i3 survived by two daugh- — a group than rails. American Tele. |ters: Miss Esther Koplowitz of this ¢ Drezek phone issues were in demand |CItY &nd Mrs. Aaron Heimans of | 4 jarge delegation of members of around the best prices of the year, |Unionville; three sons, Maurice gt puycian's and the Holy Name of and International Telephone s, |KOPlOwitz of New York and Edward | yoqy5 societies of the Sacred Heart North American Edison 5s, Pacific |2nd Harold Koplowitz of this cit¥: |aitended the obsequics today for Gas and Electric 5s, Western Union |fi¥e brothers, George, Max and Sam | stanley Drezek, aged 57, of 175 5s and Public Service Electric and |KOPIOwitz of this city, Nathan Kob-| Grove street, a charter member of Gas 4 1-2s moving upward. lowitz o Springfield and Zalmon cred Heart church, who died Forelgn dollar bonds did little, | KOPIOWwitz in Canada and a sister South Americans were dull and |in Canada. steady. French 7 1-2s were in de Funeral services will be held mand around 125, and the 7s were | probably Sunday afternoon at the firm. German 7s eased, in contrast |home. Burial will be in Beth Alom with the upward trend of the new | cemetery. b per cent loan T C Tera waramo mew-ofteringe | Firemen’s Convention i i Will Not Be Held Here | Owing to the high cost of enter- taining visiting firemen, the New Britain firemen are not going to invite the Connecticut State Fire- men's association to hold its annual | convention in this city next year, ac- cording to officials of the depart- ment. The unemployment here now and the difficulty that will probably | be encounfered trying to raise the several thousands of dollars neces-, | sary if the state firemen were to be | entertained in the proper manner 3 bstacles that seem too hard to New England fisheries required an |are © : 3 ay held 11 per cent Increase n employes |be overcome and the firemen will | Blle accident Wedneodsy, were | lo7al t o P this afternoon at 2 o'clock at Erwin | kince 1024, and this addition in- | ®ait for a few years before obligat- | 15 & FEONL I © FEU ramww} creased the catch 48 per cent. | ing the city to a convention expense. | (il supply, broke points. Harris Canada but Ford | feature on and mode: Chemical made a new low, while | Aviation Credit Corp. climbed to th vear's highest price. Odd lot trad- | . |ing in Western Maryland preferred held this | proyght out a substantial rise in the . Lucyan | gtoek celebrated &) (a]l money renewed on the curh ReV.|a¢ o 1 cspe Deere more t American ( ‘cchnicolor and = Stovenson, Gregory & Lo, Members ot New York and Hartford Stock Exchanges 55 West Main Street New Britain Phone 2580 Stuart G. Segar, Manager was H Funeral services were morning at 8 o'clock. Bojnowski, pastor, tsolemn high mass of requiem, Alcxander Kowalezyk deacon |and Rev. Joseph P. David was sub- CUEARING HOUSE : deacon. I e ok WA hE PGl aring peedl nsurance Stocks The pall bearers, representatives e e ALy ; SR : Bid house statement Exchanges $393,- t v r 62 ifhe (zocieties ot whicHERaRWaBIE |idoynodet e Sl e oo Sl i member for many years, i ah j - were John Mozdzien, Stanley Miszka, Peter ‘Wrobel, Joseph Biegaj, Frank Lada and John Godzina. USE ' CLASSIFIED BESH O e ) Rev. Father Bojnowski, assisted | imors we LOCAL STOCKS (Furnished by Putnam & per cent was We offer: BANKERS TRUST CO. Price On Application ed would b e train rates to relieve the ag) 1 areas Utilities Feel Pressure The utilities have been under for the tendency to- LAWYERS TO VOTE ON LAW Old Point Comfort, Va., Aug. 8 (#—A resolution providing for a referendum among all lawyers in Virginia on repeal of the eighteen amendment were in the hands of a committee of the State Bar asxod&-' tion today. The annual convention of the organization referred the resolution to the committee after 2 hot fight between drys and wets, over procedures. e power rates fixed charges, days, res by Rev. Father Kowalczyk and Rev. Father Dawid, conducted the com- mittal services at the grave. Butial was in Sacred Heart cemetery. eavy four and also folio. Each nces and the Great Lakes 5 Margaret Screen | Funeral services for Margaret | Screen, of 9 Yale street, who re- | ceived fatal injuries in an automo- -21 has been named r of labor in the situation and labor portfolio r to & member Special seats will be for Robertson and other abinet who are not LINDBERGH TALK ON SHORT WAVES Flying Colonel's Speech to Go Throughout Warld Such stocks as U and Standard of N. J 4 fairly neral Motor: What’s on at Station YIA] P Instinctively you tum to the radio page to find out what is on the air. WETS FOR PLAY Anti-Saloon Group Wants Direct Statement on Liquor Eastman, an Can, = - S TREASURY BALANCE THE MARRKET 3 the Total sales rime For “Showdown"™ alk by the You want to tune in on something youll like — something interesting—without having to waste time picking up station aftew station. The advertisements in this paper simplify your buy- ing just.as the radio page simplifies the selection of your evening’s entertainmdnt. Aok S0 — | Briggs Mfg . 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