New Britain Herald Newspaper, November 26, 1930, Page 18

NEW BRITAIN DAILY HERALD, WEDNESDAY, NOVEMBER 26, 1930. WEDNESDAY Fastern Standard Time —WIIC, Haris rd—1060 349—WABC. New AL New vocal s rection I 11:00—Vi York—760 J5—WIZ. New 125—W LW, Cincinnati—i( W tady—780 Schene 261—WHAM Rochester—1 150 Boston 24 1—W NAC FOR XMAS GIFTS USE PHOTOGRAPHS See Our Special Offer. 4 151—W EA) —Mid-Week ixe 1arte rax Williat estra Mary Storrs—600 500—WCAC, Ho Nath Rig ROGRAMS FHURSDAY 285—W T1C. Hartf ord—1060 New Federation sketc M Part Walker; Harold doliers Hymn orchestra Daly re-incarna- John H male York—7 Hamp, Ea Newark—7 122—WOR 19—WABC. New York—-%60 Lowr 1, piano 261—WHAM. Roches new Y ork—660 2H—WNAC, Boston— 1 2; Penn es | mediate stimulus is expected in the 1 business. garding the banking situation Moody's investors sery- ral opinion in the Cornell ed and his Greater Gang ty1 —The Modernists in t 3:15—Melodists ice voices the mcies he Serenad 0—Novelty danc ip-Top club Puddine Crisis Not Feared do not mean,” Moody says, ! ing that the banking situa- | tion comman rious attention that —String choir | in the least danger of run- —Kaltenborn I > ning into a major banking crisis Watchma There is no chance of that. But the sical program volume liabilities of defaulting tive Story inks this year naturally raises the | auestion of whether these failur should be interpreted merely cffect of what pro; e Men ve are of M Lutheran hour Paul Whiteman and his or- has alrcady gone be- fore (falling commodity prices and securities and some impairment of borrowers' positions generally), or whether it might not also be inter- d as likely in itself to his College have his Gallagher and iness recovery, through destruction |or postporement of a certain amount of purchasing power through some ry 1o confide Total liabilities of ban b will evidently run ut 300 In the figure under 170 millions © service goes on to explain thad this variation from 1921 is not great hen one considers that sourcr are at 70 billion the defaults represents only onc half of one per cent of this to- OTiaEsonsn | cadjustment is expected to t ' fox- [m faster than in 1921 d his or- nee failing lions was htly Through the Static ¢ land that bank re- s no doiiars Stude London Town" Extra Dividends Declared t week or so many | lared extra divi- made dividend ange in 1 that companies are hter future in y are therefore safe in mto surplus in ny payments. ext as deg ewer have This is i many cases to make Among solo- reert de i re- by Cincinnati, rai Gre extra cans & ) extra by passing received the the down from Cinein- $1 a share by Co.; 1 per cent in 1> & W. Grand-Silver on preferred arrea by Virginia Iron, Coal & Coke; 12 stock by Commercial In Trust; 3 1-3 per cent City Invest compan by Alleghany Ste share Orleans esebrough Mfg $12.5 share ; 20 cents a Oil of Kentucky; and a by Gr Northern Ore., Dividend Raised e dividend of United ny of America was ) to § hare, and ed by ational ass i T offic eral comy recently antial purchases of raw materfals and placing orders for cquipment. The Erie railroad ordered 41,728 tons of rails for 19 Chicago, ,Great Western railway 300 ton hopper Pulln been makin M g o iered 0al cars from r& M compan 1,600 tons of steel rail oration; aded an from Be United ordey vire in ant Steel cor ot for ipa he next Improveme tion of ral copper onths Classified page plays part in s for all ages Herald noted pianist ill make her > Melody Mo- roadeast over 1 Corbin Heinl Dy € row zt & 1 Harold Ba s holly WALL STREET NOT WORRIED OVER 1931 Recent Bank Failures Not Gon- e w0 sea” srincinee sidered of Tmportance s e Feel Like a New Person In Just a Little While that new- don’t d out notions millions principles and 00 dangerous o t thing to is to get Hill's Qui at any drug store. tablets now. Then follow Drink lots of wa- do UP)—Wall ¢ ra S recoy two lirections on box too— all Soon you'll start to feel like a new Things will loosen up, your will clear; aching go—vou'll be on the job with a wallop. Hill's now. It made to do one nock a cold ailments docen't of voice optimism for spring e new omentum attaining year son ad ad- is a scientific formula one 1o « t your mone vork twie you've Cascara Quinine Compound thing with pecd anything clse r tricd . HILL The Resident Printing Corp. 55 Corbin Place Telephone 899 PRINTING OF EVERY DESCRIPTION DONE ACCURATELY AT REASONABLE PRIC Arcade Studio of course PIXIE DUGAN—ARE ALL MEN THAT WAY? Francis street Builder Conerete and Steel L Specialty Phone 5305 —— SE—— Brick, Jebhing My e e e - NOW IS THE TIME TO DO YOUR FALL PAINTING No Job Too Large Or Too Small Estimates Cheerfully Given Crowley Brothers| TEL. 2913 Don't forget that Honiss’s Oysters are received fresh daily and make the most won- derful dressing for your Thanksgiving Turkey. Also visit our Dining Room. HONISS’S OYSTER HOUSE State Street Hartford, Con YOUR GOWN'S ARRIVED — —TS A 'F YOU XKNEW WHAT 1T COST MA YouD SAY )T WAS ( A NIGHTMARE. THERE OVER.. THINK MR MONTMORENCY GASTORBILT WILL NOTICE lTt A LOOK ME_ Do You ANY MAN WHO WOULDNT NOTICE IT SHOULD VUSE HIS EVYES an | some effect in slowing down the bus- | attitude | bottom | eral roads have ordered | HARDWARE LINES SHOW | MANY LARGER ORDERS Approaching Hollday scason Results in Good Ben:and for Christmas Merchandise. New {a lull York largely Nov. 26 — Following attributed to unsea- sonable weather, the hardware trade of the country is placing somewhat larger orders than in recent weeks. this increased activity is indicated in reports from important market cen- ters, Harware Age will say tomorrow in its weekly market summary. The pproaching holiday season has re- ted in & good demand for Christ- Jmas merchandise Thanksgiving °d a brisk call for articles need- |ed for preparing a serving the { Turkey ¢ feast ir and cooler | weather imulated business in fall and go0ds Although most staple lines only moderately active, prospects for { the balance of the year seem prom- | ising, sales for November and December are expected o compare | favorably with the months of ‘l ast year Some improvement in | crea has winter are same e¢gricultural conditions i being re- flected by larger or more numerous orders from rural territories Prices as a whole are steady and { practically unchanged. The tendenc: | has possibly firmed a trifle, influenc- cd by recent advances that have tered in some of the important materials. Many manufacturers issuing price lists for the son have made p rtant revisions in the price les being sent to the trade The credit situation ains a fairly satisfactory status, but with | collections reported slow in s tions and good in others, the gen- be aptly termed |1 | ra | now sched cral condition may fspotty. POWER SITUATION EVOLVED RECENTLY Industry Spent Thirty Million for Favorable Publicity Wash developme United Nov, 2§ lectric (p) power i within nts —The the the hicl on it as ac- nt of ¢ tates has come nd the ¢ focused ttention o ated rapidly The federal trade vestigation of public real turning point, for it im- i upon the public not only the aching control by a small public issue, onee un, commission utilities was in- | pre far-r | Do you still Endure the Discomfort that andem £ Do you still endu ~hauling and ment? 1Is your home and soot that nece part ashe ssary the of the cat Today. 1 mod-rn homen fucl. Th nables them to maintain a i, ot effort. Care cot ost have found t b The Wayne atic heat control. It is designed Only our moving shafi—no cx tion pots to require adjustment under the fire box. is remarka And the Wayne omes il Wayne is low lest of Th origma Com [T in 141 ARCH STREET Louis Duh/ow) | American our fathers a good cil b Geo. K. Macauley number of men but the methods used by power companies both in the conduct of their own affairs and in_their relation to the public Through the federal trade com- mission investigation the public learned of the expenditure of $30.- 000,000 by the power industry for publicity and advertising. of at- tempts to influence the writing of text. books, of employment of 18 col- lege professors fo express views favorable to private ownership, and of the purchase of stock in 13 news- papers. Probe Goes Decper Next, the commission's investiga- tion of financial methods and set-ups struck more deeply into the heart of the situation. Today 18 companies, with sidi control 86 per cent of the industry. Dominant figures in the giant power concerns are such men P. Morgan, with his United Corporation; S. Z. Mitchell, iead of Llectric Bond and Share; George N. dd and C. E. Groesbeck of the ias and Electric com- Henry L. Doherty of Citics Service and the Mellons. All these men hold director: nd offices in cach other's compan- ics and in numerous others, Their fluence is tremendous Reports Earning: The U. 8. Geological ported in 1 a gross r power companies of $ of which net carnings The *write- tion of invest pany; in- survey re- of all 0,000 represented ven up,” or alleged infla- has been reveal ed through t uirics. In the case of the Electric Bond and Share sys- tem, the commission revealed an al- leged write-up of $390,000,000 testimony from officials company having refused to surr de its books decision regarding ability of the hooks is expected he New York courts soon Another alleged write-up, chian Electric Power com- ¥, was for $66.100,000. And it has been impressed upon the public that vestmen ures are tha te fixing, the corollary of prices to consumers being next natural developr nent, ha can the in the these higher the nt TO REPRESENT STATE New Haven, No (B—Miss Eva Hoyt of Stamford, irman for Vairfield county and co-chairman with Mrs. Nora Harris of New Ha- ven of the committee on legislative and political activities for the Wom- en's Organization for National Pro- ibition Reform, will present the t th ional executive com- Deg ‘I nicet- in Louisville, Ky to be done ¥ organization to inc Keeping up intere and the question and pro s for carrying anning work an intensive methods of USE HERALD CLASSIFIED ADS el Bicycles Were in VOGUE-.-. re the drudgery of shoveling coal constant cleaning of the base- still subject to all the dust, dirt, and mothers considered a ir heating system? Most import- pparatus in your home delivering ire tury to oil for their the Wayne h a mi t even temperature wi other words ou auto- during service. ror combus- in or nd built to gi retors, cams, ilo: No part of the burner is rt or oot in Wayr TEL. 4644 I. W. Jartman By J. P. McEV OY and J. H. STRIEBEL