Norwich Bulletin Newspaper, July 29, 1914, Page 3

School ¥ are to Manager Bruce MacMillan of nest year's baseball team at the Academy has plans laid for the formation of an interscholastic baseball league, and he has already had communication wich | several of the managers, and from the plans thro " eoming to me about your FIRE IN . NCE BUSINESS. I - represent reliable companies. Tnsure Now. ot Delay. ISAAC S. JONES Insurance and Real Estate Agent, Richards Building, 91 Main Street You are about to start on your vacation For your sake and your fam- ily take out an Accident Policy in the Travélers before you go. B. P LEIHIEB & CO. JOHN A MORAN Investment Broker REAL ESTATE AND: INSURANCE A SPECIAL Office Over Capito) ‘Lunch Office Phone 370,—Residence 1179-3 ATTORNEYS AT LAW. Brown & Perkins, ' iitomeys-at-law Over Uncas Nat. Back Shetucket St Eatrages stalrway near to Thames Natioral 3ank. Telephone 38-3. EDWIN W. HIGGINS, Attorney-at-Law, mar10d Shannon Building. AMERICAN STROKE THE BEST SAYS BAKER. Victery of Harvard Second Eight on Thames Convinces Him. The victory ofthe. Harvard. second crew in the Henley regatta settled, as far as I am concerned, the longstand- ing controversy as to the relative mer- its of the English and American strokes in rewing. . I.thimk that many. othiers saw the Harvard crew’s woa- deriul performance, many _of them English oarsmen, came 6" the ‘same conclusion as 1 did, that the Ameri- can stroke is the best. The average American who. has never seen an English crew in action does not realize the awkwardness of the English style. The English style has several times been reported to have been adopted by American uni- versities, as at Yale this year, but such reports ‘are “misleading. = The American universities _which _have ddopted ~a so:called English - strove have merely taken some of the good points of the - English and ‘grafted them into the American style. American umiversities will* ‘never adopt the complete English stroke, in my opinion, but it is more than prob- able that the English may modity their form somewhat so as to approach the American-style. The form shown by the Harvard crew and the Union Boat club of Boston.in the Henley was =0 far superior to that shown by the English crews .that. even -the English themselves were forced to admit that it was something -besides mere brown and “beef’ which sent the American crews to.the front. 5 The Enelish and Buropean shells are side-rigged, with the oarsmen sitting a little to one side In alternate order, instead of directly in the center and in back of each othér as our men do. The resvlt is that their crews present an depends very much upon the leverage which the arrangement of the “thole’ pins ‘::udn";fl 0 iy & aoeter, mors Pt stroke, wl 1sa physical strain than ours. B in the - pearance of the crews, and as the Has. vard crew rowed up the course Iin aration for their thrilling race Leander, murmurs of approval be Teard il atong the rm, siternational Boio Vitors ot that tioe t ory at that ti that they not take the defeat of their crack Very much to Who ' st Tinish of tne Har but they're friend an- Leander fall to Tight glad " Whith shows thet thers ue ©of good sportmen left in Eng- Harvard-Leander race one of the most splendid and sporting events I have ever Enghish of the to see the English track in which wers entered. Homer Baker an op- Smitl T g ‘eeling well on the day ® games and did not come up to present he will carry his sort bas not been at the Academy since 1911, when the team of that year carried away the state honors, being the champions of the eastern Connecticut division and of thle weatérngn a forfelt by Meriasn Hi ‘the majority of the school at the Academy are very much in favor of such a league. The league will be a .one than in former years, taking in eight teams. The teams that will be asked to join the league are as follows: Pomfref, Wind- ham, Westerly, Kiilingly, Putnam, Stonington, Bulkeley and ' with the Academy makes up the eight teams. The managers of the different teams will meet in the early fall in this eity to discuss plans and to elect officers and attend to other duties pertaining to the league, and a committee will be selected fo draft a schedule. It was thought at first to ask Clinuton, but it would make the teams too far apari, so Pomfret was suggested. COURTNEY WILL SIGN 3 TEN YEAR CONTRACT Veteran Rowing h_is-to Receive Increase in Salary. Charles E. Courtney, coach of the Cornell crews for the last thirty years, whose contract still has two years to run, is about to sign a contract- for ten more vears, at a greatly inereased salary rate, according to reliable in- formation. Courtney last year announced that in 1916, when his present:-contract ran out, he would retire.as coach, and would be connected with Cornell row- ing only in an advisory capacity. Th reason for his change of mind is said to be due almost entirely to the re- sult of the race on the Hudson last June, which was won by Columbia. It ‘has been known for some time that Cornell had been looking with longing eyes on Jim Rice, coach cf the Columbia crews. The Cornell athletic authorities were cognizant of rowing conditions at Columbia, which were disclosed by The Tribune, re- cently, through Francis S. Bangs, and they were ready to make overtures to Rice as soon as Columbia was througk. with rowing. Columbia’s victory, however,{ han ~ FINANGIAL AND GOMMERCIAL MARKET IN PANIC STATE. Crisis in Europe Sent Prices Grumbling Like 1907 Panic. New York, July 23.—To find a paral- lel for the panicky conditions which swept over today's stock market it 1s necessary te go back to the gutunm of 1907, when securities values crum- bled awdy because of disastrous do- mestic conditions. The impelling fac- tor today ~was-the crisis in Europe, which reached its chmax In Austria’ declaration of war Servia. The. day opened with another low range of prices for our stocks in the London market. Initial prices here Were in no instance as low as those recorded_abroad, although declines of two to points were general. 1t was not until midday, when Aus- trie’s attitude became known, that ‘he market here was serlously affected. The extreme decline began with Cana- dian Pacific, which had been offered in round amounts during the first two hours. - Although all foreign markels were closed, outpouring of stocks for London, -Paris and Berlin became more urgent until they reached the maci- mum_proportion of 300,000 shares in the final hour and over a million for the day. The shrinkage of values was mate- rially assisted by short selling and im- paired margins. Canadian . Pacifc continued to fall until it yielded a to- War tal of 19 3-4 points, with four to six | point losses in all parts of the inter- national list. Apprehension was in- creased by further heavy gold exports to -Paris and London, which had their inception in the alarming news from abroad.: Foreign exchange rates were utterly demoralized. Many _brokers declined to make quotations at all. The selling gathered greater impetus in the final dealings, being coincident with rumors that Russia had agreed to support Servia. At this same time word came from Montreal and Toronto of the premature closing of the ex- changes in those cities. There were fitful rallies of a point or two from the low, but these were offset by con- | tinued offerings with an exceedinsiy weak close. United ~ States Steel's quarterly statement was not issued until after the session here had terminated. it showed a deficit of 35,159,237 after payment of regular dividends, against a deflcit of $6,289,644 in the previous quarter. Farnings were about $2,500,- 000 better than in the first quarter, with a moderate increase in net in- come. The bond market followed the course of stocks, with some sharp recessions. otal sales, value i ¥5500,000. par e, amounted io United States government fours coupon declined 1 1-4 per cent, on ca.l. STOCKS. High Low. Close. o 3% s Sulen. 70 Alaska Gold 30 100 Allls-Chalmers - 200 Alte-Chal. pr | 50800 Amal. Copper 300 An" Ac G, 600 Am. B. 8. b5 4700 Ain: Can: 780 Gen. Motors e 5. Americaus were at some little m«. I.e:ua of the poor track very poor from an s Tor " 'th 0 srea Ham 1 6 220-yare dash,| has to be run over a curved in which the inside man na- has & big. advantage. Tae Are run on the grass, and the some little trouble in | P O - Defsated Y. M. M. A, 'A: were defeated Sun- by the score of 0% 166, 115 i 200 Pacific Mant .0 200 Pec. Tel. & TH. 300 Pitts. Steel pr . 2200 Press. Rcel Car 100 Press 8. Car br 400 Pul” Pal. Car 950 Ry. 00 Ramics . 1000 wamicy pe 100 St 1. &'S. {200 Sewbosra & 1500 Seaboard . 00 Sears Rocbisck ... 100 Slcss 8. 8. & L 58000 South Pacite 100 80, Pec. cfts. 15100 Southern K 700 Bouth. Ly pr 700 Rtudebaker pr 1509 Studebaker 3300 Wesct. Tn. Westinghouse Woolworth .. 100 Wh. & L B0 100 Wm. & L. E pr 1 500 Wiscogain Cent. Total sales) 1,033,500 stiares. COTTON. New York, July 28, — Spot cotton quiet; middling uplands, 1 5 gwf, 13.00;sales, 159. Cotton futures closed easy. July 11.73, August 11.74, Octo- ber 11.83, December 12.04, - January 11.90, March 11.98, May 12.21. MONEY. New York, July 28. firmer at 2 1-4@2 1-2 1-4; last loan 2 1- 2 2 1-2. Time loans stronger; 2 60 days |8 1-4 0 days 3 1-2@3 3-4; six months 4 1-2. CHICAGO ARAIN MARKET. — Call money ruling rate 2 closing 2 1-4@ Dec, coRN— Sept. Dee. WAR NEWS DEMORALIZED MARKETS OF THE WORLD. European Government Bonds Drop— Exchanges Suspend Dealings—Wiid Trading in Wheat Chicago. Expectation of war between Hun- gary and Servia and its subsequent deciaration Tuesday demoralized the markets of the world. War was not declared until after the bourses of Hurope had closed, but in London, Berlin and Paris panicky conditions 'and severe declines in se- curities anticipated the announcement At all three capitals bonds of the go ernments in Europe, which have been steadily dropping, losses. In Vienna the bourse had been dosed since Saturday, but there was a heavy | run on the Austrian Savings bank, the most important in the dual monarch; In Paris the commercial exchanse suspended all dealings in grains, su- gars and other commodities, and ex- change on London and private discount for the first time in years were not quoted. In Berlin runs on savings banks, be- #un yesterday, grew heavier. In London, after the close of, the stock markef, stocks tumbled on' the cur! News of the declaration reached this country while markets were in ses- sion. With it came an avalanche of foreign selling on the New York sto k exc] Leading securities slumped from five to twenty points and condi- tlons paralleled in their intensity tne domestic panic of 1907, The stock exchanges of Montreal and Toronto suspended their sessions. On the Chicago bgard of trade thers was a tremendous rise in wheat and the wildest trading in many years. This was predicted on the expectation {hat war in Burope would create a de- mand for our gratn. Other foodstuffs also advanced. These conditions were reflected In all the produce markets of the country. On the other hand, smart declines were recorded in cotton futures at New York end New Orieans. Coffee also slumped, due, it was reported, to feacs hat coni ed financing in Burope an orop would fail. exchange was demoralized and millions in gold were engaged at New York for shipment to London and registered fufther | All' Summer Goods To Be Closed - Qut Regardless of Cost This is to be a clearance with a vengeance. All remaining stocks must go and go at once. = Fall goods are already arriving and we are determined to start the new season with nothing but new stocks. True economy demands that you buy now. only a mere fraction of the actual cost. Coats $5. 30 A new low price mark for any Coat left now in our stock—corduroys, mo- hairs, smart mixtures—former prices were $19.50. Dresses $3.75 Over 100 Summer Dresses in fine French linens, striped voiles, figured crepes and ratines—prices were up to $10.50. In justice to all our c\;stomen during this final clearance we have decided to allow no goods sent on approval, No C. O. D. and no returns. Marhatts: 121-1258 MAIN STREET “THE FASHION STORE OF NORWICH” The following prices represent . b . Never before have we ever sold Suits at this price. The Skirts alone are worth more. Suits are desirable for vacation and early Fall wear. Prices were to $35.00. Dresses $5.00 All dur better Dresses are included in this assortment. White Dresses, col- ored crepes, rice cloths and fine marqui- settes. Were up to $19.50. 7, put a different complexion on rowiag at Morningside. Heights, and Rice will stay with Columbia at another sub- stantial salary increase. ‘With Rice not available Cornell ds- cided that the only thing it could do was to keep Courtney. “The old man” is sixty-three years old, and the | fact that he is agreeing to sign for ten years shows that he has a life ex- pectancy of another twelve years. It is believed that his time under the new contract will be spent largely in breaking in a man who will be able to carry on the Courtney system from where he leaves off. John Hoyle, the present dssistant coach at Cornell, is second in com- mand at Ithaca, and there are many who feel that he is the man slated to succeed Courtney. That is something, however, which only time will tell. GAMES SCHEDULED TODAY. erican Leagus. Boston at Chicago. Now Yor 2t Cleveland. Philadeipbia = Loots Washington at Detrolt. Touls at_Philadelphta. Cincinnat at l!mnnyn.l Eastern Association. New Haven st Springdad. Waterburs at Pittsfeld. New London st Hartt ia veturd Leag Todianapolis at T Kansas ¢ st New Britaln. y ‘2t Pittshurgh Touts at Baltimore. Chicago at Buffalo. TUESDAY'S RESULTS. New England Le Lynn 2. Tewistou Fortland 4. Manchester Lowell 5. Tawrence 2 Haverhlll’ 2. Worcester ¢ International Leagon. Toronta 9. 9, Ruftalo . rovial Montreal 6. Federal League. St Louls_Brookyn zssie_postyoned, Piitsburgh 12, Kansas Cliy 8. Buffalo 1 7 Indianepoits 0 innings.) Newark 3 Temex Rocheste: Balimore 5 5. Battinare = Eastern Avon A games postponed Nation All games postponed. EASTERN ASSOCIATION STANDING Bridgeport Springheld Titnen Hartford Netw Haven New Britain 59 RATIONAL LEAGUE tTANDING. New York e St Louis 3 w0 4 Cinelnaty Gy 2 Philadelpbla 3 Titthurgh rookisn i 2 i i o INTERNATIONAL LEAGUE STAKDING. o . Newark Toronte ‘& Montreal b 71 I3 8 o AWERICAK LEAGUF STANDINE. Won Lo 5 33 a 41 W bt b 5 o Philadelphts Tioston G Wasbington . Detrott Culcagh st TLouts New York Cleveland NEW ENGLAND LEAGUE STANDING Lost Lawrenee Worceeter | Portiand ine. Low E3 i ) 2% @ I I b+ FEDERAL LEAGUE STAWD. . Washington Easily Downed St. Louis. St. Touis, Mo., July 38—8t. Louis pitchers were not effective today, so ‘Washington players bunched hits al- four games Moslier.of Foster.5 SiiteherLit GanailLib Shanks.cf Totals (x) Watted for Washin 8t Louts Two Sacrifice fye. Howard Detroit. broken ue of series, four to straight games. run. A triple play and fielding feature. Collina2b Baker.ib Melumis 1b Olaringit Barrs.s 1 oo by Innings Detrul Phitadeiph Two base bita. Coi Crantord. Sarrifice Sacrificn fly, Scharg 1" Chicago, July most invincible New York mates. hit fauitiess. The | features, Manager Cha: club wa early- part ¢ | the hotel. New York (A) Boone.2b Hartzell it Mullen. ib Couic rf Cree.ct Muticn. 1b Peckin'h.m Swceney.c Matsel.3d Keatingp Totals Scare by iaeim. New Yosk Chicaan Y1 To base Hita Fo mitt. Sagrifice hit. Blovvannsnne 2l oommuenn 1 base hits Foster. in 1 1 i s. hita, 28.—Scott pitched ball to three hits, which were bunched, while his team- | pa Keating opportunely bases on balls and errors and Chicago game of the series here. The support behind Scott was flelding Blackburn and Fournier and the bat- ting of Demmitt and Blackburn were nce il most at will and made it three out of in the series with home club. The score was 7 to 3. The | Famitton $n (xx)_Batted for Tayior in Batted for James In © Champions Pulled Off a Triple Play. Mich. phia’s record of consecutive victories today v Crawford's took the fourth and final game of the three. defeat Philadelphia had won Crawford's triple in the in two runs, tying the score. on balls to Veach the bases filled, forced in the winning in which Walsh, Bush, hang participated, The work of Moriarty with seven clean plays, also was note- The score: Yankees Unable to Hit Scott, ken suddenly the game and went It was said he was suffer- ing with his stomach. H Cleveland Defeated Red Sox, Cleveland, July 28.—Cleveland broke its losing streak today and defeated Boston, 4 to 3. Mitchell did not a llow a’nit until the seventh inning, but Boston made a run for every hit and came within one of tying tne score. Cleveland won in the third ning when Collins was hit for sc singles by Graney and Turner, Chap- man following with a triple and Kirke with a single. Cady was put out of the game for- offensive language to Umpire Egan. The score: W Bosten . » [} ‘1 H 1 the St Leuis (A Howan. i Shotten. Pratt.2n C.Waiker.1t Teary.1b a-wiii's. et Lasen.ss Agnow.e Crossiv.c Hamilton.p situmer Tastor.p sxatiiler Hock.0 Jamee. 23ustin ) B Granes.1t oopes.tt Turner. 2 = Scott.s peakcr. el Lowisit Gardner. b Janazhib |messsommusmnny lsocsssasswumn o H of Totals Son . o0 o 0 Shania, o 201 101 Morgan, 1 1 Walker. ’ %|esssesmandununnd 28.—Philadel- | July s Storo by nnings Clevelung Bowon ety Spearer BATTING AVERAGES. Detroft, by hitting, when heavy * 1 b Chep- Until today’'s tweive ixth drove A base in the eighth with | Schaefer Heads American League .357—Elberfeid, the National, the fourth inning oliins, McIngls | tme American league- has 15 sluggers and Schaefer of Wast heads the pill swatters ational there the 300 class, with Ivn ‘leading with follow at third base Detreit (A) H Americas D.Bush. 38 Leam Sorlarty.3b 3 High.cf Cratoni. o Dausap sckson. o Crawt Kirke, Ciesela . Walker, St Tressler. Ath A Willtar Speaker, Tosto Mclnnis, Athleties Totals P hit, Three base Walsh T. Baker, B Natienal League Rromtiyn Eiberfc anbert Teeher Ready for Smoking and Chewing holding two of today, only belind | Phien Ryme. Thile Alteiison, Mexe G Tam Meyers chi kv New Yerk New Vork Trooklsn of Weaver, N HORSE RACING. Dick McMahon Won Second Stake of | $5,000—Major Byers Made Strong | Comeback. of the New York ill in the to The score: [ 3, Also in Pound and etroit, Mich., July —Dick Mec- alor oty Vor e second 4300 | Half-pound Lunch Boxes Couchman to an easy victory in the Chamber of Commerce stake for 2.12 | | clase pacers, the event of chief interast | | on the grand circuit programme. All| | the races today were won in straight ! heats, the winner in each event lead- | Ing from start to finish in every heat | but_one. N | The 2.06 pace was little more than | exerciep for William. He was always | | in front and never had to be urged. The first heat of the 2.18 trot fur- g Demmitt.1e vommier 1 Bodie. ot Scnalke Aleock b Scottn sle Sold by all 3 Dem- nished the best contest of the day. Gels drove Guy Nello out in second, | but Belwin came alongside at the half and the tweo raced like a team to the distance flag, where Belwin began to | show in front. He was first under the { wire by a short meck. The last quar- { ter was trotted in 29 secouds. Belwin “{ded all the way in ‘the next two. oty