Norwich Bulletin Newspaper, May 6, 1921, Page 3

PIRATES VICTGRIOUS OVER CARDINALS BROWNS HELPLESS BEFORE \ OLDHAM LOSING GAME May 5—St. helpless before Oldham toda Deireit hit shocker freely an ito 0 in the opening game of the se- Only one local —Pittsburgh dinals 4n their Pittsburgh, May teated the St. first game here today kept his oppor whle Pertica 1 smisplay and those of Horns nits scattered and Lied good ball, his own player reached was taken out of in the sixth when Detroit ix runs on as many hits, Cobb ving the ball into the bleachers b I 3 1 1 1 S8 55 1ol 0 e eounpitiosuon Elryees Sox Blanks Indians Cleveland May 3 and Sheely’s batting gave Chicago a 4 6 0 victory over Cleveland today. Faber hald the world's champions to two hits and ro runs at Chicago last week. day he duplicated his feat. first hit was a double by Speaker in the | geventh inning while Jamieson scratched an jnfield hit in the ninth. BULKELEY WON ITS SECOND HOME GAME New London, May 5—Bul »me game Wedn ol a 0f Tamieson.1t 4 offoknston.1b 8 cnvenonubelZ B ° ] 0 2 0 ° 0 Ll B cumannsseon THREE MO SHIFTS IN REDS TOOK EARLY LEAD AND DEFEAT CUBS anson and Cheewes hard quard, who replaced him was ng In the third were features. Baseball Call, harles- Wecks Jr erations in the ndent steels oils and motors edure account- open market at Duten and Ital b an remittance ight Improvement, Rails featured the bond issues enhancing yesterday’ ternational alse hardened, } ponds made only trifling gains or losscs al sales (par value) aggre Hide & Leathor CHICAGO GRAT Chicago, May 5.—Big in the price of 4 from adverse reports of crop con- ons southwest. at 5 1-4 to 6 3-4 net higher, with to $1.44 3-4 and July $1.14 “orn gained 7-8 to 1 3-8c; oats 1 3-8c and provisions 15 to 55c. One of the leading crop experts of the country reported that there was evidence between Wellington, Kas., and Enid, nd that the gen on @vould be manifest v Before this news was the market had a downward . but persistent buying on the part commission houses ensued, and rt demand apparent both d rye the advances thereafter ascended with wheat. as helped by export sales of Towa and Oklahoma advices told H s were lifted by the grain | buige, although depressed at first by weakness in the hog market. \ CHICAGO GRAIN MARKET. YESTERDAY'S RESULTS. National League. < Pittsburgh 8, §t. Louls 3. Cincinnati_31, Chicago 7. Tirooklyn-New’ York, wet grounds. Phikdelphia-Boston, coid.” American - Leaguie. Washington-New York, postponed, rain. Boston-Philadelphia, postponed, fatz, v Eastern League, Springfleld-Worcester, postooned, cold '4‘ Bridgport-New Haven, rain. Hartford-Albany. rain. Waterbury 7, Pittsfield 6. (11 omings.) International League. Jasey City 8, Buffalo 4. i Newark 4, Syracuse 12. Realing 3, Rochester 4. Baltimore 10, Toronto §. American Assoelation. At Loulsville 2, Indianapolis 22, At Kaneas City 6.- Milwaukee 2. At Columbus 19, Toledo 13. At Minneapolis 4, St. Paul 16. College Games. Holy Cross 13, Middlebr 9. Tiates £, Mase. Aericulturat Gotless & Catholic TUniversity 4, Forgbam 2. S GAMES TODAY. National Leagus. Philadelphia at Roston. Brooklyn_at New Ye St. Louis at Pittsbureh, Cincinnall at Chieago. American Leapue, Detrolt _at St. Louls. New York at Washington. Boston at Philadsiphis. Chicazo at Cleveland Eastern League. Waterbury at Soringfield. Hartford at Bridgeport. New Haven at Worcester. . Albany at Pittsfield. LEAGUE STANDINGS. National League. Won, 14 Lot P o 000 3 La ) 2 o 1 4 6 WILL CONBUCT W RLD SERIES FOR ATEURS THIS FALL Evan an League um- nd Bill Fischer, former Brooklyn will help conduct a- natiomal “world serfes” for amateurs s president and Ev- ent of the American ial Athlotic Association which 1 membersiip of 141 big American anie: > election of Evans and Fischer at national convention of the A I. . added considerable impetus to the wseball prog: of the association. | - from their wide experience in pro- all both men are equally industrial athletics, of the Americal league! ear Billy Evans resumes! recreation dirmctor of Works, (Nela Park) s built up an ex- program for emplayes in- branch of sport. Bill professional ramks to director of the Endi- on Co, Johnson City, New hletic e nation serles for the| title of ‘the universe| the b of the Rocky | a separate western! will be declared amang the members of the Pacific cials of tion plan PITTSEURGH O MILWAUKEE WILL BE AWARDED TRACK MEET | —The 1921 track| American Indus- will be award- : NORWICH BULLETIN, FRIDAY, MAY 6 1921 Exémptz‘from-Connech'cut'S'tatc-Tax if held by residents of Connecticut. - NEW ISSUE — _ $6,500,000 The Connecticut Light and Power Company First and Refunding Mortgage 7%.Sinking Fund Gold Bonds, Series A Dated May 1; 1921 Interest payable May 1.and November 1 in New York, Boston and Chicago. Pfl’lfl‘:‘d only, and fully registered bonds $1,000 and multiples; interchangeable. Coupon bonds $1,000 and £ 2 Callable for Sinkixg Fund on o interest Due May 1, 195 r o 0.registerable as to prior 1o and dncluding November 1, 1031 af 110,thereafter decreasing 3%, annually to 100} om November 1,1950. Not callable except for Sinking Fund The Company agrees to pay interest without deduction for any normal Federal Inceme Tax which it may lawfully Ppay to an amount not exceeding 2%. The Pennsylvania 4 mill tax will be refunded to holders who are' resident ia Pennsylvania who:shall within three months after payment make application for such refund. Common Capitalization 5 (Outstanding upon completion of present financing) Funded Debt: i:irst and Refunding Mtge. 79, Bonds, Series A (this issuc) New Milford Power Co. (divisional) First Mtge. 57, Bonds Capital Stock: Preferred 8%, Cumulative 46,500,000 000,000 $ 7,500,000 $2.990,000 8.486,000 $11,476,000 From a letter of Mr..Irvin W. Day, Vice-President of the Company, we summarize as follows: " BUSINESS: The Company ‘supplies electric light and power to a population of about 300,000 in an important industrial’section of Connecticut, including the cities of Water- bury and New Britain and the Naugatuck Valley district. The progperties cperated include electric generating plants with a present installed capacity of 68,000 horsepower, of which 34,600 horse power is hydro-electric (two plants); about 120 miles of high tension transmission lines; and distributing systems in about 20 cities and towns. SECURITY: These bonds will be secured, in the opinion of counsel, by a first mortgage on the main hydro-electric plant, on the Housatonic River, having a present installed generating capacity of 25,000 horse power, 61 miles of important transmission lines, and valuable undeveloped water powers; and by a second mortgage, subject to the $1,000,000 divisional bonds, on the Company’s second hydro-electric plant (9,600 horse power) and 25 miles of transmission lines. They will also be a first lien on a 999 year lease of the T 9lectrig distributing systems in Waterbury, New Britain and a number of other towns, + including a steam electric plant of about 33,000 horse power capacity. its $7,500,000 funded debt. ¢ The Company’s property investment is appraised at $15,248,000, or more than twice % This appraisal dces not include net current assets of $1,424,000 nor any valuation of the Company’s undeveloped water powers. The owned property alone is valued at mere than $10,400,000, of which nearly $8,000,000 represents the property on which these $6,500,000 Bonds are a first mortgage. EARNINGS for the year ended March 31, 1921, being the first full year's period after the completion of the mam hydro-electric plant: = : Gross Earnings, i Net Income Applicable to Fixed Charges, Present Annual Interest and Rental Requirements, including Interest on this issue, Balance, $4.005.305 1,914,451 907,355 $1,007,096 The above Net Income is more than twice the present fixed charges. SINKING FUND: Annual Sinking Fund, first payment September 1, 1922, will be suffi- cient to.retire at least 70 per cent of all Series A bonds issued or to be issued. We recommend these Bonds for Investment Price 95 and accrued interest, yielding about 7.40% Lee, Higginson & Co. Hincks Bros_. & Co. Richter & Co. The Chas. W. Scranton Co. The above statements while not guaranteed, are based upon information and ad: Estabrook & Co. . ieve accurate and reliabie nnouncement made association’s head- | X nd Milwaukee offer inducements for the fourtn Eastern members favor o the fast growing mem- the middle west prefer Mil- thietes are expected to his vear's industrial meet. the records made are faster se of the previous year. At the championships in Pittsburgh and distances made ¥ v 1 athletes hurry the { atnletes ¢ bigger colleges to equal would like to hear from some Norwich ea Write ‘to E. Greene, Manager. e, Conn. Mount Holyoke Democratic College. | lege for wealth: but a college tages are aavilable 7 gl especial use of ery ' possible I At Northampton State Hospital. | Burton W. Fiske, a Willimantic boy, and graduate of the Natchaug school is now at the head of the industrial de- ‘A _democratic college is mot a coi-| partment at the Western Massachusetts s or for poor girls, | Stafe Hospital in Northampton. He was the best advan-| for thirteen yvears supervisor of the male hout discrimina-| patients and is a competent hospital tion,” is President Mary E. Woolley's| man. Sunday Vs, ADMISSION : BASEBALL Norwich K. of C.’s McDermott's Putnam Braves 3:30 P. M. (Daylight Saving) own expression of one of Mount Hol-! yoke College's great dominating poses in the field of education. Tepeated it many times in the scores of | tard, addresses she has made in the present, $3,000,000 endowment campaign Wwhich | Mount Holyoke women are directing | throughout the country, and it has found ( emphasis in Mount Holyoke's | every available scholarship r source at its command, and in the con- stant effort to increase this avenue of serving girls of Hmited means. The entire imcome of Mount Holyoke's | §250,000 scholarsip fund is kept con- | stantly to increase its scholarship funds by ev- means, that permanent | aid may be given to students who should have a college training and cannot af- ford to meet the entire expenze involved. Want Games. In the neighborhood of $27,000 was given The Montville Woodmen will open|jout in scholarship grants at the college their baseball season on May 15. They [this year. The college purposes Directly and indirectly pur- | people are employed in Great Bri She has | growing, manufacturing and selling m about 130,000 here are about 40000 of second-growth Tel. 691 SALE AND SERVICE the | unreiiable, but the reason is re's riddles that has never been s We have just purchased four carloads of SOLID TIRES at a very special price in practically all sizes. Theseareall FIRST S and carry Maker’s Name, Serial Number and Guarantee, Get our prices if you are in the market for Solid Tires. MOTOR TIRE SERVICE CO. 10 South Main St. Putnam, Conn. ™ Distributors of MILLER “Geared to Road” Cord and Fabric Tires Distributors of Celebrated “VESTA BATTERY”