Norwich Bulletin Newspaper, October 1, 1920, Page 3

Sept. 30-—-A declaration that the tion of the 1919 world's se- ries Faseball scandal would be contihued by a special grand jury, was made in a statement issued today by Chief Justice Charles A. McDonald, who ordered the original inquiry. Every suspicious game, hé declared, that has been played within the last 18 months. in either the National or the American league will come within the purview of the investigation. The investigatlon, which has resulted in the voting of true bills against eight White Sox players, including “Chick” Gandil, who was not with the team this rear, the undge deeclared, still has much to accomplish. “To this end,” he added, “the ‘present grand jury will be .incor- porated as a special body Saturday and will go ahead until it has sifted down the ¢vidence to the last incriminating fact. ¥very suspicious game which has been played . within the last eighteen months in “either league will be within the pur- view of the investigation. Because of the -u - of limitations, that is as far back’ Jury can go. 'rhen need be no doubt about the progetution of guilty players and their co-conspirators. None of those who have confebsed has been granted immunity; in “act emch has specifically walved it. Of coursé jt will be natural for the presecu- tion to take into consideration services whigh the indicted men hate performed for the state, but that does not mean they ;will escape indictment.” ‘August Herrmann, president Cincinnatti Reds, last year's of the pennant winners, and former ehnmun of m Na- tional ‘Baseball Commigsion, who was asked by the grand jui 0 present what- ever documents he may have bearing on the 1919 series, and Clyde Elliott, .mo- tion picture mamr who aided Charles Com- iskey, president of the Chicago White Sox in his investigation of the series, are to be the next witnesses before the grand jury, it was said tonight. It was also asserted that efforts would be made to obtain statements from two . additiznal White Sox players who have been sus- pended, as to- their part in “throwing” games. Players who remaired loyal to Char- les A. Comiskey, president of the Chi- cago White Sox, last year, may re- ceive their reward this year, according to statistics computed tonight. At- tention was called to the comparative- ly small number of eligible players re- maining on the Whit Sox club. The problem, a mathematical one, has several possibilities. 1f the White Sox win the pennant, even though defeated in the world se- ries, the losers’ share divided among the individual White Sox players would be almost as great as that of their opponents. The rule giving second and third place clubs in the leagues a share in the world series pool, makes it pos- sible for the Chicago club, if it finish- es in second place and divides the money, for each player to receive al- most as much as the individuals on the losing club in the baseball classic. FINANCIAL AND GOMMERGIAL MARKET WAS DEPRESSED. New York, Sept. 30.—In its essential vharacteristics, today’s stock market traversed the ground made familiar by vontrary movesents of the last fort- wight. Industrials extended their losses, ) while rails and utilities were relatively strong. Further downward price revis- fon and curtailment of operations were noted in several of the important lines of trade especially the automobile in try and advices from steel centres strengthened the impression of impend- Ing price concessigns by independent manufacturers. Selling agents of the leading copper companies were reported 1o be offering the refined product at a fraction under recent prices and other base metals, notably lead and spelter, were quotably lower. 2 Equipment shares eased with steels, flespite the belief that the transporta- tion companies are completing plans for purchases of large quantities of mater- fals in the final quarter of the year and vils were less resilient than usual. The wnly roteworthy stock market feature was an early drive against the shorts n Crucible Steel, which carried -that 1tock up 8 1-4 points to 135, the net frain, however, being only 1 3-4 points. Other issues of the same class were lower by fractions to almost 2 points at ihe jrregular close. Rails made their highest quotations in the ‘last ‘hour“on » beisk inquiry for seasoned issues of the Pacific and Granger divisions at net ‘advances of 1 to abont 2 points, while .secondary rails' also hardened moderately and . specialties sustained nddigidnal losses. Sales amounted to $25,000 shares. Call money opened at T per cent., rose to 8 in the early after- oon and closed at 9, the maximum rate the past few weeks. Time money tvas ‘scirce, save for 30 and 60 day re- newals and foreign exchange especially london and Paris rates, continued to teact. Convertible railway bonds were nctive and strong, Liberties irregular snd foreign issues featureless. Total sales (par value) aggregated $19,000,- 400. Old U. 8. bonds unchanged on rall, Am Hide & Leath Am M & L pc Te & ol “uwrw tson 5 Atchison pr .. B & O Dew & B G pe . Dome Mines v Mot 200, Mex Pet T Mimal Cop MM K & T 0 Plon Pan South P S P RS South & R, So R K or . Tenn C & C Wiis *Orer Wiliys Over pr . Wooworth Weeta, P & M MONEY. New York, Sept. 30.—Call money: vtrong; high %m low 7; ruling rate 7; vlosing bid 3; offered at 9; last loan V' bank acceptances 6 1-4. COTTON. New York, Sept. 30.—Cotton spot «uiet ; middling 25.50. LIBERTY EOND MARKET, High. [ Close caaaaacaad vaw FOREIGN EXCHANGE RATES, Testerday Sterling (par $1.86% per sorereign) Demand . 5.46% Cabies ... 347 Bauk, 63 days .. 2 Bank. Chicago Grain Market Chicago, Sept. 30—Big purchasing of Canadian wheat by millers in the United States had a good deal to do with a severe break today in wheat values here. The market closed heavy, 7 1.2 to 9 1-4 cents net lower, with December 216 to 217 and March 210 3-4 to 211 1-4. Corn finished 5 1-2 cents down to 1-2 ad- vance, oats off 1 1-2 a 1 ,5-8 to 2 1-2 cents, and provisions unchanged, to 50 cents lower. Selling pressure on the wheat market here came largely from houses with northwestern connections and this fact appeared to give spuecial emphasis to word that further large amounts of Ca- nadian wheat had been bought to come into the United States over and above the quantities announced yesterday. At the same time export business from this country was aid.to have met with a check, Swiss, German and French buyers asserting they were offered wheat cheap- er from elsewhere. India was said to have released 14,000,000 bushels for ex-: port notwithstanding recent advices of widespread starvation there. Eestimates fhat the 1900 corn cron would exceed the government forecast of 82,000,000 bushels had a bearish ef- fect on corn,: and S0 too; did big re- ceipts and apparent absence of frost damage. Oats fell with other grain. Provisions we:: depressed by the weak- ness of hogs and cereals, CHICAGO GRAIN MARKET. WHEAT: Jpen. Bisu 236 8% DIVIDENDS—Payable strappings and is t! per share. 49, SINKING FUND— sct up a sinking fu 75% of preferred We have complete data upon request. ford for the Jewell Richter & New Britain The Jewell Beltmg flnmmy Preferred as to assets and dividends Free from' present Normal Federal Income Tax and Connecticut Property Tax Callable as a Whole or in Part for Sinking Fund at $1 10 Per Share CAPITAL—$500,000 Preferred (this issue) and $500,000 Common (par $50). BUSINESS—The Company manufactures leather belting, leather ‘lacings and PLANT—About to move to new plant containing 135,000 sq. ft. of floor space, equipped with modern machinery and located at Hartford Connecticut, just opposite Charter Oak Park. ASSETS—Net quick assets will be over $300 per share, BARNINGS—Net profits the past five years have averaged over five times -the dividend requirements on the preferred stock. stock outstanding at any one time-at not exceeding $110 per share. EQUITY—The Company has $500,000 common stock (par $50) with a market value of approximately $1,000,000. NO FUNDED DEBT—No mortgage or debt may be ereated without consent of AUDIT—The books shall be audited annually by a certified accountant. PREFERRED DIVIDEND RESERVE FUND—No dividends shall be paid on any class of stock junior to this issuc which will reduce the surplus to a amount than 16% of the par value of the then outstanding preferred stock. PURPOSE OF ISSUE—The proceeds of this $500,000 preferrcd stoek will be used as additional working eapital. Legal proceedings regarding this issue have been under the supervision of Messrs. Day & Berry for the undersigned and Messrs. Gross, Gross & Ilyde of Hart- PRICE $100 AND ACCRUED DIVIDEND YIELDING 8% Members New York Stock Exchange 6 Central Row, Hartford, Conn. Cumulative Preferred Stock Pll' value 5100 per share e March, June, September and December B0th ¥ - he largest manufacturer in the world of round belting. Total net asséts over $400 Beginning December 31, 1921, the Company shafl annually nd sufficient to retire 4% of the largest amoynt of preferred stockholders. less on file in our office which we will be pleased to submit Belting Company. Special circular upon request Co., TheChas.W.Scranton Co., Investment Brokers Established 1861 Springfield 103 Orange Street, New Haver Another possible division would arise in the event the White Sox tie the New York Yankees for second place by losing all three games to St. Louis, thereby gaining one-half of the total second and third place money. EBBETS DETERMINED TO ASSURE PUBLIC SQUARE SERIES New York, Sept. 30.—On the eve of the investigation to be conducted by District Attorney Lewis of Kings coun- ty concerning rumors 'that the coming world’s series had; been “fixed,” Dis- trict Attorney Swann tonight sent 2 let- ter to State's Attorney Hoyne of Chi- cago, offering his assistance to”prose- cute those indicted for the alleged scan- dal connected with the 1919 serfes. MTr. Swann’s offer was made contingent up- on Mr. Hoyne finding that some part of the alleged felony was committed in New York county. “The Chicago authorities seem have well in hand the case of crooks who were willing to debase the great national sport of . baseball their ~own sordid ends” said Mr. Swann's letter. “The crooked gamblers who “aided and abetted, procured and advised the throwing of the games, seemed to have planned the scheme in part in New York and consummated it in your ecity. “Concocting the scheme to defraud, of course, is a misdemeanor and is all that our courts could take jurisdiction of, as I read the testimony while your courts have jurisdiction of the felony committed by the consummation of the scheme to defraud. “However, in case from your close ac- quaintance with the facts you find that any part of the consummated felony was committed here, please let me know and I will take up the matter here.” ‘While President Charles H. Ebbets and Manager Wilbert Robinson of the Brooklyn team have not the least doubt as to the honesty and integrity of their players, both have expressed willingness to aid District Attorney Lewis in his investigition. The district attorney declared that he had heard vague rumors that a clique of gamblers, similar to that which bribed the White Sox players last vear, was making an attempt to buy the coming world's se- ries. It was his intention, he said, to question the Brooklyn players thorough- Iy as soon as possible. Three members -of the Brooklyn team Captain Zack Wheat, Al Namaux an James W. Taylor—appeared before Dis- trict Attorney Lewis late today made statements ,of which a graphic report was made, Later when Mr. Lewis was asked if anything of a suspicious nature had been unearthed, he replied, “absolutely nothing.” The district attorney said he was satisfied that the players were strictly *“on the level” and that his. pur- pose in examining them was simply to find out if any attempt had been made to_approach them. President Ebbets said that by Satur- day all members of the team will have appeared before the prosecutor. NO POST-SEASON SERIES BETWEEN GIANTS AND YANKEES New York, Sept. 30—Possibility of a post-season series of games between the New York Giants and the New York Yankees was eliminated today upon the arrival here of Charles A. Stoncham, president of the Giants, from Cuba. Admitting that such a seriés would be a great attraction, Mr. Stoneham based his objections on the grounds that people would say the games were played for mercenary reasons; that they might affect the at- tendance at the ‘world’s series in Brooklyn, and that the games would necessitate keeping the players both teams together for too long a period after the close of the season. NO CHANGE IN STANDING IN , AMERICAN LEAGUE RACE New York, Sept. 30—The scheduled games in the National and American leagues today were postponed on ac- to[ the | for | of play tomorrow with the ' American league race still undecided, while the remaining contests.in . the National league will be merely formality of playing out the schedule, the Brooklyn team having clinched the pennant Tuesday. Cleveland, with four games to play, leads Chicago, in the American league, by one and one-half games and in order to capture the pennant, must win three of the four games provided [ the White Sox win their three remain- ing games. If Cleveland breaks even in the four games and the White Sox | win their three, the two teams would finish their schedules on even terms, while the White Sox would win the pennant if they defeat St. Louis three straight and Cleveland drops three out of the four games with Detroit. Another possibility of the race is | that of the Chicago club dropping to.a ‘tie with the New York Yankees for econd place, which would result if the White Sox lose all three games with St. Louis. they said, struck a “murderous blow at the kids' game.” They were as_quick, however. to recognize the men who stood by the best principles of *ie sport, and the formal resolutions which they adopted commended Ray Schalk and Little “Dick” Kerr for their manly stand against the Benedict Arnoids of baseball. LEONARD—BRITTON BOUT POSTPONED ON ACCOUNT OF RAIN Celevland, Sept. 30.—The ten -round boxing contcst between Benny Leonard, ehampion lightweight and Jack Britton. champion welterweight, scneduled to be held at American League park tonight, was postponed late today until tomor- morrow night, betause of a . heavy rain all day and cold weather. LEAGUEL STANDINGS National League. Wea. Lost. 60 Pet. 600 the Western Horsemen’s futurity for three year old pacers, the feature evept of,today's grand circuit program here. The colt took the first and third heats, the second going to Frisco June. The unfinished 2:07 trot of which three Pet, Cleveland 61 Chicago Boston Washingion heats were run yesterday, went to Peter | Detroit - !, when only heat winners came out to- | L dePils i g:& s:xi:n easily outstripped Dottie Day YESTERDAY'S RESULTS. N National Leagie. Just David, a favorife, won the 2:181]' \1 shequled sames poswoned. rmin. trot almost as he pleased. Alicola was his ¢ chief contender. 3 Anien Lot Loyal W., was the best of the 2:13 pac- ers, however, he dropped the third heat to Oro Direct. All scheduled games postponed, rain. American Association. St. Paul-Columbus, cold weather. { In the 2.08 pace, one of the best bet-.| ~Kansas City-Indiangpcis, cold. ting races of the day, Jay Brook defeated:| Milwaukee-Loulstille, cold, i North Direct. the favorite, but dropped o 1 the final mile to Cartain Mack. Northern 7, ONMES- SOUA ! Direct was not in the money. MatSesnt T oagw H —_— Philadelptila at Il(‘l«n » | A E Brookiyn at New York. | BOSTON NEWSBOYS CONDEMNED (';:clnnnd at Pittsburgh, | CHICAGO BALL PLAYERS | st Louis at Chicago. Boston, Sept. 30.—Newsboys of this American League. city today put themselves on record as condemning the Chicago baseball players whose corruption in the last world series, Chicago ‘st St. Lout Cleveland 3¢ Detrait. Washington “at Phijadelphia. CHAMPIONSHIP SECOND GAME OF SERIES FAIR' GROUNDS, NORWICH SUNDAY, OCTOBER 3rd ASHLAND 0f Jewett City NORWICH K' OF C. K. OF C. ATHLETIC ASSOCIATION WILL DONATE 15 PER CENT. OF THE CONTRIBUTIONS OF THIS GAME TO THE BACKUS HOSPITAL AMBULANCE count of rain. ‘' The clubs wlll resume STATE HOSPITAL TEAM WILL against the urday, Both' teams are evenly fast gam eis expec Vanderpool of the United States Golf as- sociation today announced the- pairings | Mrs. Alfred Rossin, Century. _ Actual Values to $89.50 If you have put off buying l you new Fall Suit until now : — Don'’t delay another mo-. l This: sale ‘affords a splendid eatly season oppor- i tunity to save and still you get " the benefit of choosing from a complete stock and you get a full season’s wear out of your garment. ment. H | | Assortment includes Fur Trim- ‘ med Suits, Tailored and Dressy Suits, in Women’s and Misses’ Models. Materials are || fine Velours, Silvertonu,' es, J Veldyn, Trmotmes l.nd Sergu. All Suits are elegmtly ‘silke ] lined and interlined. The Suits are not purchased for sale purposes but are all {f from our regular stock which means the finest materials —the smartest styles and at the sale price by far the best values in town. i Smart Tricotine Dresses Man Tailored Dresses of superior quality Navy Tricotine — Models for Women and Misses—New - Beaded Styles—Em- broidered . Models—Straight line and Redingote effects.- Remarkable values fl[smhaflfin “We Give “S. & H.” Green Stamps—Ask For Them” \& PLAY BEARCATS OF 'r\!'n'nn—‘ ‘ i 4 The State Hospital Bear Cats of Oct. 2 on the Ho: at the The -meda 'y played on} hose entered. are ‘W‘l nta Athletic Chub.§ 0. . A fast Shennecosset ‘$ TRAMPSAFE WON WESTERN 2:45 p- m. R ’1-amand,.x :gn yol e et ecksher, Pipin; oc s HORSEMEN'S FUTURITY o < ¢ Marsh, Glen Ridge ; Mrs. Alexanderd Columbus, Sept. 30.—Trampsafe won PAIRINGS COMPLETED FOR ~ \lormw Flush-{ Glenna _Collet, Metacomet eld, Shennecosset and§ New York, Sept. 30. 4sec~flar_\ W. D. |ing: 3 Mrs. BASEBALL 2 NP RECREATION PARK, Willimantic SUNDAY, OCTOBER 3rd MANCHESTER VS. AMERICAN THREAD COMPANY Battle of South Paws between “Sammy” Hyman and “Johnny” Cooney: GameCalledat3 P M.