New Britain Herald Newspaper, September 30, 1930, Page 17

L3 - . " v . . * . . . Christmas Fund Idea Is Extended To Publi¢, Quigley Tells Lions As He Explains Local Conditions Mayor Commends ‘Heroic Men Who Work Until| Hands Bleed So That Their Families May Not Be Forced to Subsist On Charity. —_— Mayor Gébrge A. Quigley carry his drive for additional funds | to aid the city relief work to the| general public, he announced at a| meeting of the Lions club at the| Burritt hotel today | The mayor was a surprise visitor to the club of which he is'a for- mer president. Since his inaugur tion he has been able to attend few | occasions and he said he was pres- ent today to save his membership. Called upon by President Jam E. O'Brien to speak, thé city's chist executive called attention to the fact that a serious situation faces the en- tire nation, with winter just ahead. Admitting that conditions are na- tion-wide he said his chief concern | is for New Britain. He informed his hearers that New Britain now is feeding 302 families und is providing employment for 1200 persons. Stating that the city is almost a two hundred million doi- lar corporation, he said its greatest problem is to see that its people do not suffer. The board of public works, pa depagtment, subway and. water d partments are employing 400 men. | which is about 75 per cent more than the normal number at this time of the year, he explained. Thesc men get 40 cents an hour, and while they are willing and anxious to work many of them are unable 1o earn cven half that amount. Work Preferred to Doles The city is giving them work Ji preference to the dole system used in England, which, bk said, would be necessary if the present system were not used. The dole system, he said, he did not approve of, since it tends to pauperize people. “We are only gefting 50 cents re- turn for every dollar we spend, be- cause we are giving work to nwn | who are not able to handle a pick | and shovel. These men work until their hands are bleeding, but they | are heroic and keep on working be- | cause their families need food.” He called attention to the fact that the 2 per cent appropriation from their salaries voted by city employes was the suggestion of Deputy Chiet Souney of the fire de- partment, but added “that some con- tribution is not barred to outsiders.” President O'Brien called attention | to the fact that some children go to school in the mornings without breakfast because there is no money available for milk. Mayor Quigley added that before they could start school this term, 261 children were outfitted with shoes by th city. Will Interest Other Clubs The mayor added that the situa- tign is so acute that he intends in a short time to call a meeting of civic club officials and heads of lo- cal welfare organizations with the idea of opening up the campaign to include the entire city. There is now $9,000 and the mayor will | in the fund wants to see it in- creased to at least $100,000. I He stated that already Peter r‘n.\ rakos of the Palace theater is giv- ing two per cent of the income of the theater; that he opened a mini: ture golf course where 50 per cent | of the proceeds of the first day-were given to that fund and added, “I am perfectly willing to open golfl courses, fairs or other public func- tions but I must have that 50 per cent for the welfare fund. “Send your ,checks to Curtfss L. Sheldon, city {reasurer,” he advised. A general discus#on followed in which cases of families who actual- ly are destitute or threatened with destitution were discussed. One, man said 2 man had bgen willing to work for him for $5 a wgek, to get food | for his family. Harry G Hancock called atte tion to several church and organizas tion rummage sales being planned REPORT OF THE CONDITION OF THE NEW BRITAIN NATIONAL BANK | Charter No. 1184 Reserve District No. 1. Report of the condition of the New Brit- ain National Bank of New Britaln in the atate of Connecticut, at the close of busi- \ ness on Sept. 24, 1930. RESOURCES Toans and discounts Overdrafts U. S. Government owned Other bonds® stocks, curities owned Banking house Furniture $8,594.50 248,504.50 | Real estate owned other than J banking houso 4,178, Reserve with Federa Bank 283,385. Cash and due from banks 381,338, Outside checks and other cash | items . . 10832z Redemption’ fund with U. S. | Treasurer and due from U. Treasurer Other assets securities and se- eei... 979,022.88 $240,000 fixtures 24.45 | 146.5 Total $6,820,320.51 LIABILITIES | Capital stock paid tn $ 500,000.00 | Surplus 400,000.00 | Undivided pro e 366,520.60 | Rteserves for fnterest, taxes, and other expenses accrued and unpaid S Duo to banks, Including certi- fed and cashiers checks outstanding .. Denand deposits Time deposits United States deposits Dther liabilities 150,659.79 385.648.37 006.831.03 | 7,600 337.68 Total Stato of Connecticut, ford, ss. T, above-named that the abov best of my kno ¥. 8. 36,820, County ot Chamberlain, president of, the bank, do’ solemnly swear ement i3 true to the dge and bellef. \ CHAMBERLAIN, 2 President. Subscribed and sworn to hefore me this 30th day of Scptember, 1930. TARSON, Notary Public. { ROGER J, Correct—Attest: E. A. MOORE F. N. STANLEY GEORGE P. BPEAR Directors. {landlords own tenements of ilies, only one family is paying rent. | {of needy families. {roads. |lot of | the | each | making an exit which gave the |show was {the same floor, s | Worms Blamed in Yacht Mystery Near Westport Westport, Sept. 30 (#) — The identity of the prankish vandals who have been setting expensive vachts adrift in the basin here was known to police today. But no arrests are likely to be made. Yor the Westport police “drag- net” is quite impotent against the tiny sea worms that have_been adjudged the felons. o Chemist's analysis of samples of l‘\u severed ropes brought out the fact that the worms had so eaten away the strands of the ropes thagt they parted readily under the sweep of a flood tide. and suggested the proceeds be turn- ed into the welfare fund. Mayor Quigley said there remains only $38,000 of the welfare depart- ment's fund of $100,000 and that the city must pay at least $10,500 a month for coal alone. Last month a total of $1,114 was spent paying rents to keep impoverished familit from being ‘evicted. Landlords Help Landlords are doing their bit the mayor sald. In many cases‘where fam- Apartments formerly renting for $55 and $50 a month now are rent- ing for $20 and §2 he said. Duri need 22 a month, g the 25,000 a month to take care There in the welfare department treasur now only enough for a little more than a month. “We can get along without smooth ‘We can get along without a things when people are want,” Mayor Quigley said. He concluded with the statement |that he would be happy to receivs suggestions. President O'Brien announced that he would call a meeting of the cluo welfare committee at once to ,see what the Lions club can do. A proposed outing at Hart's Pond at $5 per person was cancelled and it was voted to put the $4 over the | cost of the lunch into the “clfarc, fund. A suggestion that the luncheon price of $1.10 be increased to $1.25 and the 25 cents over the dollar be added to the fund was not acted upon. The adoption of this sugg | tion would deprive hotel Awaiters of | 10 cent tip they now get for luncheon. The offer of the O'Neil Tire and Battery Co. to supply trucks to gath- er clothing w accepted and the public will be asked to give all old clothes still fit for use to the funi. CRIMSON ATTACKS BANQUET SEATING (Continued From First Page) ’ group of performers making a sf entrance in their dinner jackets, eat- ing almost as a lesson in manners to the herd seated in the pit, and then 0 the signal that the over, and that they could leave the room. “What good did the undemocratic display of starched laundry of re- | spectable citizenry, of distinguished taculty bring to the studénts? Ob- vious wnons of good taste, ts avowed object, dres odd members and to achieve attain unity of nd eating level. e matter of dress and high and low {but they are details that disclose a | principle which is not in accord with the principles of the house plan as they have been cxplained time after time by President Lowell and var- ious other officers of the university. “How much better, more natural, more reasonable, how much less of- fen less stilted, less grotesque, would 1t have been for everybody to have dined in the same costume, on with at least an out- of the cquality, democ- sense of to be part of the hous ward show racy and which are plan.” ANNOUNCED an of Hart street announced the engagement’ daughter, Ann Marion, te’ Rueben Howell, son of Mr. and Mrs. J. Howell of Washington street, Spring- | fleld, Mass., at a dinner Sunday. No | date has been set for the wedding. REPORT OF CONDITION OF THE CITY NATIONAL BANK of New Britain, in the state of Connec- tleut, at the close of business on Sept. 24, 1930, RESOURCES Toans and discounts Qverdrarts United States Government se- curitles owned Other bonds, stock: curities owned Banking house Furniture and fixtures 10,694 Reserve _with Tederal Re- serve Bank - Cash and due from hanks ... Redemption fund with U Treasurer and due from S, Treasurer Other assets -§ 843,999.61 351,52 100,000.00 and se- . 140,921.81 52,455.05 40,048.85 70,157.67 Total LIABILITI Capital stock paid in ..$ 200,000.00 > 0.000.00 ne 14,310.90 ©interest, expenses taxes, and other accrued and unpaid .. 5 Circulating notes. outstanding Duo to bamks, including cer- tified and cashiers' ~checks outstanding Demand depo! Time deposi| 2,200.00 Total $1,255,00 State of Conmectiqut, County of la ford, ss: H. L. White, Cashier of the above- ned bank, do solemnly swear that the statement is true to the best of ne above | my knowledge and belief. H. L. WHITE, Cashier. to beforn me 1930, YBOWSKT, Notary Public. Subscribed and sworn this 20th diy of September B. A. Gi Correct-Attest: R. C. TWICHELI MORRIS §. DUNN | PAUL K. ROGERS Directors. winter the city will | remains | the whole house should=by | table are perhaps details, | inter-relation | of her | 100,000.00 | NEW BRITAIN DAILY HERALD, T ESDAY, SEPTEMBER 30, 1930. VERA, COUNTESS CATHCART, WEDS (Continued From First Page) divorced Mer in 1921, naming ., the Earl of Craven in the papérs. The countess was denied admis- sion to the.United States in 1926 of the ground of “moral turpitude. Later she was admitted and pro- duced a play written by herself, “Ashes of Love,” which failed. When the Earl of Catheart dieg herited a trust fund giving her $2, 500 a yea™ Her 1v.year-old son Henry De Grey-Warter wasfmarried secretly to an actress, Maybel Bowers Rean. Her 16-year-old daughter’s en- gagement was announced a year .'550. DEMAND FOR FIXED INCOMES APPEARS Session More Active Than Any * Other for Months New York, Sept. 30 (#—The bond |market gave incrcased evidence to- jday of the strong demand for fixed ificome sccurities. In activity that surpassed any session in several months, domestic bonds continued to advance and the response of rail- road obligations to the inquiry was especially marked. The market, however, was not uniform, selling continued to domin- ate the tfend of many foreign and stock privilege bonds, as well as |some domestic issues whose price trend is fairly well synehronized with Lusiness conditions. The large reservoir of funds avail- able for investment will be swelled by October 1 interest and dividends |of approximately three quarters of a billion dollars and some of the in- |creased activity today was attributed to that prospect. 1In addition the volume of new offeringg was small, |amounting to about $2,600,000, chief of which was the Montreal Trhm- ways $2,000,000 6 per cent bond issue. 3 The 1 1-2 per cent remewal rate for call loans yesterda yproved a one day phenomenon, being ad- Ivanced to 2 per cent today. But there was a feeling in financial cir- {cles that the 1 1-2 per cent rate |might reoccur periodically during the nest few months. So far as the |bond market is concerned call money rates are a favorable factor in diverting bank funds from the call money market into bonds. . Bond investments of member banks reporting to the federal re- serve board showed a $15,000,000 ad- nce during the week ended Sept. Buying by financial institutions has been a major factor in the ilmng showing of the highest type of investment issues. Indicating that the supply of the highest type of domestic obligations is now small, the most marked ad- ances of late have been in less ac- tive and lesser grade issues. New highs were reached by Transcvontinental Short Line 1st 4s Canadian National Railways 4%s Morris’ and Essex 31s, and Mon- tana Power 5s. Goodrich 6%s, East Cuba Sugar 63%s, and St. Paul ad- justment , a convertible * issue, registered new lows for the year. Peruvian bonds, whose weakness was the feature of foreign is: [vesterday, steadied following denial | of reports that the Peruvian gov- |ernment might default on interest | payments due tomorrow. Peruvian ifig of 1960 recovered a good portion 1 of its loss and the 7s, off 14 poinis vesterday turned upward. Chilean bonds were soft and Bolivian 7s registered a new vear’s low on a | 1oss of several points. German and Italian bonds continued downward, althdugh prices were within smail fractions of the previous close. Ford Gives $250,000 | Oberammergau, Bavarfa, Sept. 30 |(M—Henry Tord has contributed { 1,000,000 marks (about $250,000) to the Deutsches museum it was learned here today. The manufacturer, one of whose hobbies is his own muscum, while is continuing interesting pur- chases for his private collection in- | cluding a quaint old wagon from a | farm near Stuttgart. He has posed for many snapshots, | professional and amateur, and has | glven his autograph to almost all | who have asked it. Report of the Condition of the COMMERCIAL TRUST CO. NEW BRITAIN, CO At the close of businesy on the 24th day of September, 1930, RESOURCES Loans and Discounts, Overdrafts, Funds eet aside Depositors, .. Other Securities, - Banking House, (Equity) Furniture and Bqulpment, Due from Reserve Agents, Cah on hand, Checks, Cash changes, Other Assets, 2,841,170.50 2,332.18 for Savin 2,003,124.39 609,107.68 144,899.01 ites Total Assets, LIABILITIES Capital Stock, Surplus, Undivided profits, (less Denses and taxes paid) Reserve for Interest, T ex- tion Fixtures £2,008,121 1,636,152, serve for Deprec Bullding and Savings Deposits, General Deposits, Certificates of De- posi Treasurer’s Checks, Certified Checks, Dividends Unpaid, Christmas 8avings and Thrift Funds, 154, Bills Payable (Including all borrowings except re-dis- on 36 1,130,722, 34,385 4,46 327.05 4,965,150.82 340,000.00 000.00 Total Liabilities, State of Connecticut, ford, ss. New Britain, Walter M. Bassford, Treasurer of the aforesald Commercial ‘'rust Co. do sol- emnly swear that the foregoing statement 13 true to the best of my knowledge and belief. WALTER M. BASSFORD, Treasurer Subscribed and sworn to hefore me, this 0th day of September, 1930. LOUIS S. THOMAS, Notary Public. of Hart- Conn., Sept. 30th, in London in 1927 the countess in-! Atchisen | aes | To Museum at Munich | at Munich, |5 mean- | Sisive | $ 500,000.00 | 125,000.00 | Birtl; Record A daughter was born at New Britain General hospital last night té Mr. and Mrs. G. C. Kotzback of 842 East street. COAST GUARDS FIRE AT FLERING RUM RUNNERS Dozen Men Escape in Hail of Bullets “at Newport Beach—$25,000 Cargo Selzed. Newport, R. I, Sept. 30 (UP)— |Coast Guards fired 100 shots today |when they surprised a dozen rum ismugglers at Newport Beach and seized assorted imported liquors | valued at $25,000. The rum runners, none of whom |escaped in.automobil Surfman Willlam Brindle of the Coast Guards suffered a leg injury when he leaped onto board of one of the departing ma chines and was dragged several yards. > Captain Ellsworth Latham four other Coast Guards from the Brenton's Reef “tipped” regarding plans for a big liquor landing at Newport Beach this morning. They concealed themselves near boats had appeared. After the con- traband had been landed, Captain Latham and his men emerged from their hiding places and called for the rum smugglers to surrender. It was estimated that Coast Guards fired 100 shots when the rum run- and sped away. Deaths e Murs. Nellie Ryszkicwicz eral scrvices for Mrs. owlez, aged 48, mour street, who died Saturday, were held at Holy Cross church. solemn high celebrated* by Rev. Stephen Bart- kowski, pastor, Rev. Victor Pias- kowski was deacon and Rev. John Petrus, chaplain of the olish or- phanage, was sub-deacon. A the Rosary and Knights of Boleslaus the Great icty of the church at- tended the obsequies in a bod At the offertory of the mass Miss Sophie Juchniewicz sang “Pie Jesu” and at the conclusion she rendered | “Flec As a Bird.” As the casket| was borne from the church Organ- ist Zigmunt Stanowski Grieg's funeral march. The pall bearers, members of the Knights of Boleslaus the Great so- ciety, were Frank Monkiewicz, John Cuiker, Joseph Marszalek, Kachnowski, Victor Ry Stanlew Klonski. Rev. Father Bartkowski, by Rev. FFather Piaskows I‘ather Petrus, mittal services at, the grave. was in N Za, and Rev. Burial Sacred Heart cemetery. John Ragusky services for John Ra- gusky, eight-month-ofd son of Mr and Mrs. John A. Ragusky of Thorniley street, who died Saturday, were held this afternoon a 0 at the home of his parents. Rev. Martin W. Gaudjan, pastor of St. John' German Lutheran church, officiated. Burial was in Fairview cemetery. Mrs. Delphine Vallires Funeral services for Mrs. Delphine Vallires, ager 76, day night at her home, 96 Whiting street, were held this merning at 9 o'clock at St, Peter's church. Rev. Joseph Rewinkle, pastor, celebrated the solemn high mass of requiem. Miss Hilda Braunstein played Schubert's funeral march as {he cas- ket was borne into the church. At the offertory .Mrs. Mathias Rival sang “Pie Jesu” and later she ren- dered Sanctus and Benedictus. The Gregorian chant was played by Or- gafist Braunstein at the communion | and as the casket was borne from the church Mrs. -Rival sang “Some Sweet Da; v The pall bearers were Joseph Ar- bour, John Bergeron, Edward Co- {quette, Al Silvian, Searle Routhier (and Joseph Renault. Burial was in St. Mary's cemete Funeral Bernard F. Moffitt Funeral services for Bernard I Motfitt, aged 48, of §2 Farmington avenue, who digd Saturday, were held this morning at 9 o'clock at St. Mary's church. Rev. Thomas ¥. Lawlor was the .celebrant of the solemn high mass of requiem. Rev. Matthew J. Traynor, pastor, was deacon and Rev. John T. Connor was sub deacon. As the casket was borne into the | church Organist John Crean | played Grieg's funeral march. Mrs |Mary T. Creay sang “Salve Regin 9| at the offertory of the mass and at |the communion she rendered “The 01d Rugged Cross.” At the conclu- (sion Mrs. Crean sang “Abide With Me" apd as the casket was borne om the church st Crean played Chopin 1 march. he pall bearers were Howard Brady, Joseph Brady, Thomas and Cyril Curtin and Her- {bert Aneer. Rev. Father Connor committal services at Burial was in St. Mary's read the the grave. cemetery. CARD OF THANKS thanks to all our kind friends for their ‘sympathy and beautiful floral offerings, during our recent bereave- ment in the death of our beloved nephew, John J. Lynch. We espe- cially wish to thank the I®aternal Order of agles, Landers, ry Clark Fine Goods packing room, Automotive Sales & Servic | ployes of Raphael's Dept. Koppel Bros. Signed, MARY LYNCH, MARGARET LYNCH, KATHERINE LYNCH. ihe ore, and | was believed to' have been wounded, | the running and | station had been! the beach and waited until two rum | ners rushed for waiting automobiles | mass of requiem was | large delegation of Sisters of ! played | Walter and istedy conducted the com- Selling Stream of Past Three . Weeks Reaches Largest Volume ; Of Month ln Session for Today | rlrul Harvester | Intl Nickel |Intl Tel & Johns Kresge Co. Prlce Kroger Groc'y | Lenigh Va Liquid Cab'n’c | Marlin-R'kwell Alkali T Missourl Pa M'tzom'y Ward Motors Biscuit sh Reg 39% Central 152 Haven RR 4 North Am Co Packard Mot n-Am’ B 6 Par't Lasky Phillips Pet | Pub Serv N J Pullman Co ‘l.ldm Corp) Rad-Keith-Or Reading R R Rem Rand Rep Irn & Stl Itcy Dutch N Y »Po\\erful Efforts to Sup- port List Cause Erratie and Uncertain Movements Throughout. New York, Sept. 30 (M — The 1‘“\":1\"\ of selling which has been {flowing almost steadily through the | stock market for the past three | weeks reached the largest propor- | bions of the month today, but pow- 'V|f\ll efforts to support the list | caused erratic and uncertain price | movements, Prices were hammered down sub- | stantially carly in the session, then ! rallied moderately, By midday a fe issues showed net gains of 1 to 3 points. A fresh selling movement quickly erased_these gains, however, and sent the ‘general list about 1 to 10 points net lower, where fresh | support appeared, influencing mod- crate upturns in pivotal shares, | Trading was at the pace of about 1,000,000 shares an hour, the swift- 5 & est since June, and the new high |5t 1+ San IFran speed ticker fell slightly in arrears, | Sears Roebuck 60 Mcst of the so-called ‘plvotal | Sinclair Oil 165 shares sold off less than 2 points, (Southern I L0 2 Suck issue€ as U. S. Steel, Bonthetnd vty Senerdtl stana Brands ectric, and Rad dorg s adio dttracted good‘bn"d“" s support at slight concessions from ‘q” of Cal yesterday's closing prices. Oils, Al coppers, farm impiements and sev. |Sid Oil of N £ b 4 5 |Std Oil of NY eral specialties however, were ma Stewart W ener edly w Shares losing 3 to 5 |qudebaker points included International Har- |iraxad corp vester, United Aircraft, Goodyear, [Texas Gulf Sul Burroughs Adding, Columbian Car- |Timk'n Rol Ber 5 bon, and J. I Case, the last named |nion Carbide sliding below its resistance point of | rnion Paclfic last November. Worthington Pump | {'t'd Gas &I'p 32 and Allied Chemical recorded even |United Corp wider losses. During the tempor- | U S 1nd Alco ary upswing around midday, New [U S Rubber York Central, Atchison, Johns Man- | U § Steel ... | ville, American Can, and National | Vanadium St | Biscuit gained about 2 points. | wabash RR Traders w perplexed and dis- |West'gh's Elec 128 couraged by the failure of a decisive | Woolworth 1 | technical rcbound to appear. After three weeks decline, precedent would indicate a swift, if short-lived, {upswing. Some observers probably differed from several former waves of liquidation, as mucl of it ap- peared to be sales stock held out- right, or as collateral against loans, irather than shares weakly held i | marginal accounts. Liquidation of | |such stock, naturally, would not im- | prove the technical position of the | mariket. | Business and corporate news was decidedly mixed. Copper was of- fered as low as 10 cents a pound, the lowest in more than 30 years, and Sinclair followed Standards of | New Jersey and Indiana in slashing gasoline prices 2 cents a gallon. The preliminary reports of last wee ude oil production, however, show- cd further substantial curtailment. | Also, the grain markets manifested | |a better tone. The day's rumor crov | was of bumper proportions, and much of it was apparently of an irresponsible nature. Talk of un- favorable dividend action by North American was promptly denied by President Dame. . The feeling persisted in~ Wall street that liquidation of securities held as collateral against bank loans was in lgrge volume. In some brok- |erage ciibles, it was sald that thére |was an appreciable amoint of such | selling from the west and south, | cvidently by banks wishing to keep ithemselves in a strong position 32% 531 295 314 513 26 62 15 157% MM | Aetna Casualty | Aetna Life Ins, Co . Aetna Fire . Automobile Ins Conn. General - |Hartford Fire {Hfd Steam Boiler National Firé Phoenix ¥ire ..... Travelers Ins C#¥ . Am. Hardware .. 3illings & Spencer Bristol Brass Colt's Arms Lagle Lock | Fatnir Bearing Hait & Cooley Landers, B. Machine North & Judd Palmer Bros Peck Stow & Wil Russell Mfg Co .. Scovill Mfg Co Standard Screw .. Stanley Works ‘orrington Co | Union Mtg Co | Veeder-Root .. Cenn Elec Service .. 82 1280 Manufacturing Stocks 6414 66 1 3 63 LOCAL STOCKS (Furnished by Putnam & Co.) Insurance Stocks Asked 1256 s 89 34 140 69 67 65 84 1310 Arrow-Hart & U!‘gflman 40 33 Public U tlll"es Stocks 87 91 Members New?York & Hartford Stock Exchange [ PUTNAM & co. 31 WEST MAIN ST, TEL. HARTFORD OFFICE, 6 CENTRAL ROW, NEW BRITAIN 2040 TEL. 5-0181 Southern New Englan& Telephone Co. HARTFORD 38 Lewis Street We Ofer: COMMITTEE GIVES RAILROAD REPORT New England Governors Recom- mend Action on Rates Boston, Sept. 30 (P—The New | England governors' railroad com- | mittee had made public today a’pre- | liminary report which recommend- cd concerted action to protect New England against the present rate- making policy of the interstdte com- merce commission. Several phases of the committee's work has not vet been finished. | ‘The present policy of the inter-! tate commerce commission to’ base | the rate structure on mileage ing |stcad of the old hit or miss basis | of free competition and varying re- | | zional conditions was discussed in a | ection of the report 25 pages long. | Raised Class Rates The conclusion was drawn that | hile this policy gave ehe local | “a greater degree of dvantage in Lhe local New Eng- land market” it raised, in most cases, the trunk line class rates into and out of New England. The com. | { mittee said that the tendency was | to raise /rates on manufactured | articles o lower rates could be ap- | plied to agricultural articles and to | minimize the lower costs of water transportation. “Thece tendencies,” the commit- tes said, “are unquestionably ad- | manufacturers RIGHTS Bought and Sold These Rights Expire October 1st NEW BRITAIN, 29 W. Main Street MERIDEN 43 Colony Street 70 Shares Amel:ican Hardware New England stetes and with the Lacking of the state governments, the New England railroads and the various industriai traffic organiza- tions. Holdings Increased While detailed information eon- | cerning the present ownership of w England roads has mot been completed, the committee has been informed, the rcport said, that the | Pennsylvania railroad the Pennroad corporation, a holding company af- | filiated with the Pennsylvania, had increased their Loldings of New York, New Haven' and Hartford company stock since April last. Real Estate News Real estate tranefers have been recorded with the city clerk as fol- lows: Rose Koplowitz to Esther Koplowitz, land and buildings at 145-151 Hartford avenue and one- half interest in property on Strat- ford road; Whitmore Company to Wallace I°. Moore and wife, land and buildings on Ledvard road; | valeryan Cieszynski to Paulina | Lapinski, property on Clinton street’ Russell T. Fuller to Alice May Full- er, property at Cliff and Chestnu& streets. A mortgage for $15,000 has been placed on property of Mabel P Palmer on Stanley sfreet, by the First National Bank and Trust Co. of New Haven. COLORED PERSONS BARRED In a lease recorded today at the city clerk’s office, from David Chris- tien to Antonio Sbriglio, of a barber ‘sl\op in the rear of 92 Church street, it is specified that the place may be who died Satur- | Benjamin, | We wish to express our sinr:rc[ el 1inspivat'n ince the fresh declines in wheat and cotton. The consolidated condi- tion statement of weekly reporting federal reserve member banks as |announced for the week ended last | Wednesday showed a gain of $57,- 000,000 in loans against securities, {so that up to that time, at least, the trend had been in the other di- | rection. Call money rencwed at 2 per cent, against yesterday's 1 1-2 per cent rate. The low rate was unattractive to lenders, and resulted in consid- erable loan calling. AT 2:00-3:00 P. M. 10 p. m.— High 109% Low 104 Close Air Reduction \Il\od Chem . 240 Am Can 12112 | Am 4‘M' & Fdy 43 Am Com Alco 151 Am & I'gn Pw Am Loco .... Am Smelling |Am Tel & Tel Anaconda | Atchison Atlantic 1161 43 1415 Ref : I Balt & Ohio Bendix Avia .. Beth Steel g. . iggs Mfg . | Bush Term, em Calmt & Hecla Canada D Can Pacific . Cer De Pasco . 39% Ches & Ohio . 45 CMStP &P 11% Chi & North . 54 CRI&P .84 Clirysler Mot Columbia Gas . Com Solvents Cong-Nairn Con Gas NY Continen Can {Corn Prod ucible St rtiss ‘Wt em Day Chemical | Del & Hudson 1 Lasmn Kodak 198 Autolite 50 621, 10t 38 I Fregport Tex 40% |Gen Am Tank | Gen Asphalt | Gen* Elec Gen Food Gen Motors Pen Pub Serv Gen Rwy Sig Gold Dust Goodrich Rub . 2 Paige dy Con Gop 1 1 Hudson Motors Cop lel Cement .. . 31 5 1047 | 143 | prd 104 Conn Lt & P 5% Conn Power . Hfd Elec Light . Hfd Gas Co. com | Hfd Gas Co. ptd . N B Gas | xSouthern N 1 Southern N ¥ Tol rts Gray Pap Tel .... xSouthern N E Tel 106 T4 83 78 50 70 165 9 . 79 . 160 165 TREASURY BALANCE Treasu Balance, $331,045,404. wflB’LEAnEREmT - NEWLOWS ToDAY Efforts fo Rally List Serve Dull Trading York, Sept. 30 sent most of the New selling. (P—Active curb mar- ket leaders to new lows for the year | toda orous cfforts to rally the list served chiefly to dull the trading. | for the recoveries were small weakly held. Declines in the utilities held most- ly to a point or so, but los even th portions were sufficient to push the yrominent members of the fresh minimums. Share broke below uper Power slipped under to new lows. | Niagara Hudson, American |Foreign Power Warrants and | dlewest Utilities gave a similar |formance. | Pressure was against the oils an diana, Vacuum and Interna- | tional Petrolum, dipped to new min- imums before finding support. Cos- | den was firm, on denial of unfavor- |able. rumors affecting the company. Vacuum was fairly steady but slid ow 18, its previous resistance | point. Cities Service sagged a major | raction. Specialties and industrials | were favorite selling targets and new {lows in the group were numerous. American Aluminum recovered a 10 | point drop but there was little re- | covery from 2 to 3 point declines In Anglo-Chilean Nitrate, Ford Motor |of Canada “A." Driver Harris, Deere |and Newmont Mining, Fokker, Mead | Johnson, Noranda and Ford of En |1and were firmer. Tnvestment hold- |ing company’s issues were weakened. Uhited Founders was particularly | soft. | Call money renewed on the curb at |21 per cent. The hardening of the rate reflected loan calling to meet | October 1 obligations which include heavy dividend and interest disburse- menta and of Electric Bond angl 18, and Mid- per- again directed 1 Standard of In- comparatively small pro- | group to | 65 and American | beth sub-leased to any but colored per- sons. The lease is for five years | from October 1 at a monthly rental ot $45. verse to the future welfare of New Ingland commerce and industry. The committee rccommended the creation of an all New England traffic organization, supported by direct appropriations from the six USE HERALD CLASSIFIED ADS REPORT OF THE CONDITION OF THE NEW BRITAIN TRUST CO. the close of business on the 24th day of September, 1930, RESOURCES Discounts 1656,679.01 85,1548 18,000.00 143,718.75 1,400,520.24 729,387.81 11,583.20 Loans and Overdrafts Bonds to secure Postal Savings Deposits T. §. Government Securities Other Securities Ranking House Furniture and Equipment Other Real Estate Due from Reserve Agents Due from Banks and Bankers Cash on hand Checks, Cash Other Assets, viz: Due from custome; Uncollected interest earned and Fixtures items and Exchanges 3,355.23 credit issued 95,350.00 20,204.75 for letters of Total Assets ,586,821.00 LIABILITIES 1000,000.00 700,000.00 101,776.3¢ 4,880.99 ,586.85 3,910,895.43 §78,500.00 2,810.30 3,540.81 41,015.25 100,000.00 Capital Stock Surplus Undivided profits, Reserve for Interest, Taxes Due to Banks and Bankers ral Deposita stes of Deposit « expenses and taxes etc. paid) Gen. Certific demand and time Treasurer's Checks Certified Checks Christmas Savings and Thrift Funds Rills pavable (including all borrowings except re-discounts) Other Liabilitles, viz: Uncarned discount and fnterest Tietters of credit Miscellaneous 21,679.40 96,350.00 1,485.92 Total Liabilities 36,886,821.09 State of Connectitut, s New Britain, September 30, 1930. County of Hartford, Assistant Treasurer of the aforesaid New do solemnly swear that the foregoing best of my knowledge and belief. 1, Charles J. Law, Britain Trust Company, statement is tiue to the Asst CHARLES J. LAW, Tre Subsoribed and sworn to before me, thie 30th day of Sept., 1930, F. G. VIBBERTS, Notary Public.