Norwich Bulletin Newspaper, September 20, 1922, Page 10

MARKET SHOWED STRENGTH. |pers .su:‘h ;‘ hcmla and Cerro De Pas- New York, Sept. 19.—Prices in to-|C0, mov er than some of the do- - 5 mestic issugs. - Butte and uperior was day's stock market removered rublusx- pushed up more than two points and tially from yesterday's severe set-back,!American Zinc nearly a point in re- confirming the impression that the de-|sponse to improved conditions in the cline was brought about by the techni- zinc industry. An increase in foreign der. : chl cobitiMont of ‘thie market Tather. thalioToo o, Wee partly responsibla fort ik by any serious concern over near east- more . extensive demand for the metat issues. ern affairs, which merely provided un excuse for the attack by bear interests. Speculative bellef that Lackawanna Steel was selling below parity with Today's upturn was accomplished on a reduced volume of business, traders Bethlehem issues under the merger plans was held responsible for the ac- 3 add extensively to their|tivity of that stock, which registered a R ke likew.se | Substantlal fractional gain. U, S. Steel Phowing no_dlsposition to se[l, pending|COmmON touched 104 3-8 for a net gain more definite developments abroad. “Rallroad shares, as a group, gave the of 1 1-8, some of the buying being based on reports of increased prices by most consistent exhibition of strength, such representative shares as Unlon Pa- the corporation’s subsidiaries. Adams Express rose in rather spirited cific and New York Central opening at substantial galns and offering stubborn fashion in response to unconfirmed re- ports that dividend resur:ptlan wn; o : 1s- | likely this fail. Burns Brothers, A, an {:;?,“‘,2,;‘."2,:;‘;';‘: %Zi’;";"ind";’,,":‘,,w, B. stocks ajso were active in possible Ilinols Central preferred, Louisville|expectation of increased earnings with and Nashville, and Canadian Pacific al- 20 gave & good account of themselves. a resumption of hard coal mining. Pub- Stocks, such as Mexican Petroleum, lic utility shares also were in good de- mand, some of the leaders including Baldwin and Marine preferred, ! which were subjected to the heaviest attacks CHICAGO GRAIN. MAREET Chicago, Sept. 19.—Although stifl nervous, wheat traders took war possi- ‘bilities today with more composure, es- pecially as the Liverpool market failed to reflect fully yesterday's advange in America. Prices hers closed unsettled 1 5-8¢c to 1 5-8c to 1 7-8c net lower, with December 1.03 7-8 to 1.04 and May 1.08 1-8 to 1.08 1-4. Corn finished 1-4c off to 5-8c advance, oats unchanged to 1-83@1-4c down =and provisions. un- changed to a decline of 17c. In the absence of any apparent in creased danger of warfare on a great scale, and with no slgn given of im- portant fresh buying: for Europe, wheat prices in Chicago showed from the out- set a tendency to react to a moderate extent from . yesterday’s sharp upturn. Liquidating sales by yesterday’'s buyers was a feature. Meanwhile, reports ir- dicating discord ' between France and Great Britain as to war policy did a good deal to hold speculative sellers from becoming aggressive, but failed to stimulate a declded rally in prices, or (o renew the -enlarged interest which was conspicuous in the market the day be- , Prices spot, 6.10@6.25; Louis spot antimony, spot 6.75. 3 BOND MARKET, zinc firm, rates found reflection in the ‘Mexlcan 4's and 5's, S e nominal. Consolidated Gas, North American, Pec- ples Gas and Laclede Gas, all at gains The strength of Invincible S 5 the outstanding development in the trad- 3 he best indi-|of & point or more, fore. < - g :y'd::‘o nx‘;::eref:;:k\\‘? ndt\!ya‘.\lv?:ur ]"c:lr(:- Total sales were 875,000 shares, The seahoard reported export bids for|ing in industrial liens.. Bethlehem Steel Jeum, moving within a radius of nearly| Government withdrawal of $224,000.-!wheat as being far out of line, and es-|refunding §'s and Brooklyn Unlon Gas six points, closed at a net gain of 2000 in funds from banks in this district|timated that only 300,000 bushels had}7s also made good galns. American was believed to be responsible for the increase in call money rates, which opened at 4, advanced to 4 1-2 shortly after noon and to 5 an hour later, that rate holding to the close. Time money rates were inclined to ease in rather dull trading. The commercial paper market was quiet. Substantial improvement was noted Metal shares were qults actlve, pool|in foreign exchange rates, local banks sperations being manifest In some of the | directing most of the trading. Demarnd popular issues. South American Cop-!sterling bills rose 1 1-4 cents to $4.42 been taken there for Europe today. Pur- chasing here for export was confined to 130,000 bushels of hard winter grade. According to a British authority, mill- ers in England and dealers there in gen- eral were undisturbed as to future sun- plies. On the other hand, stocks wheat at Liverpool showed a decrease for the week, and domestic primary re- ceipts were smafler. Predictions of better mand soon from the 1-4, with slightly smaller gains belng registered by the Pan-American issues, Mexican Seaboard, Royal Dutch and the Standard Odls of California and New Cosden was quite active at dily ralsing prices, the directors an- nouncing an increase from 62 1-2 cents to $1 in the quarterly dividend just be- fore the market closed. but fell back later. would: be sustaine ture, shipping de-| T east helped to Stock Land bank bonds, and five per cent thereafter, I . MONEY. New York, COTTOX. New York, Sept. 19.—Spot quiet; middling 21.55. STOCES, transa change up to 3 P. M.: Ajax Ru .. Al Ch Mfg Allied Chemical Am Beet Sugar Am Am Am Am Am Am Am Am | Am Am Am Am Am Am P IN BUYING YOUR FURNITURE Consider Well Its Quali Buying furniture, like making an investment, is serious business and de- serves serious thought. Tee It . Linseed Locomo Smelt Sugar Su_Tob | Tobacco Am Wool | Am Zinc Anaconda ! Bala Loco . Balt & Ohio [ Beth Steel B Brook R T Butte Sup Caddo C ... Cal Pack Cal Petral | Can Pacific Cent Leather Cde Pasco . ‘ Chandler Motor Ches & Ohio Ches & Ohio Chi & 2 CME& You don’t buy furniture to use but a few times and then discard. You buy it to be a part of your home for an indefinite period—oftentimes for a lifetime. It is an investment in home comfort, beauty and utility. Consider well, therefore, the quality of the furniture you buy. It is good sense and economy to buy a certain kirl and extravagance and poor judgment to buy other kinds. Chile Copper Chino Cop .. Coco Cola. Columbia Gas |con Gas | Cons Tex [ Corn Proq | Cosden 0il | Crucible Steel { Cuban Am_ Sugar .. 2 Cuba Cane i Davis Chemical {Del & Hudson At The Plaut-Cadden Co, there is no opportunity for the extravagant buyer for we show only those grades of furniture which combine dependability and beauty of design with moderate price. For half a cenutry we have stood for 100 per cent. values in quality, price Gt North »rd Great North Ore Gulf Steel Farvester Houston Oil Tl Central Inspiration {Int Nickel i Int - Paper Inter Con S Kansas City So Kelly S T Kennecoft Keystone Lack Steel Lehigh Valley Lima Loco Marine Marine pr Marland Oft Mex Petrol Mex Sea Ofl Midv Steel i Mo Paciflc {Mo Pac pr .. The High Quality, Luxurious Comfort and Beauty of This Velour Overstuffed Suite Will Appeal to You Constructed to give lifzlong ser- vice. Richly wupholstered and covered in beautiful blue velour. _ All spring construction through- ’%i but with removable spring cush- {8l ions and pillow arms. Comprises Sofa, Chair and Rocker. viexow 9220 Value—NOW. New. York, Sept. 19—Copper quiet, | electrolytio spot and ~fixtura-':1ul ‘and nearby dellvery New York, Sept. 19.--More favorable developments in the near east situation and improvement in ‘foreign exchange of today’s bond market. Foreign bonds made good recovery from yesterday's heaviness, gains of 1 to 1 1-2 being re- corded by Queensland sixes, Lyons 6's, and Cu- ban railroad 5's. Czecho-Slovakian §'s and Japanese first 4 1-2's moved In a contrary course, but the recessions were In the rail list, speculative mortgages were the most In demand, advances of 2 point taking place in St. Paul 4 1-2's, Seaboard Air Line consolidated Chesapeake and Ohlo general ¢ 1-2 Paul general 4’s and Kansas City and Southern 5's were sold at concessions. Oil which were pushed up two points, was Water Works 5's touched a new top, Belief that President Harding would veto the bonus bi|l and that the was held responsible for the improvement in Libertys, the gains, however, being of a nominal na-|1. Total sales par value) were $14,201,- The principal offerings of the day in- cluded a $3,000,000 issue of highway Improvement of 4 and 4 1-4 per cent bonds, which were sold to yleid from 3.95 to 4 per cent, and a $1,500,000 fs- sue of five per cent. First Texas Joint offered 102.50 to yleld 4.65 per cent to 1982 Sept. 19.—Call money firmer; high 5; low 4; ruling rate 4; closing bid 5; offered at 5 1-2; last loan 5; ca]l loans against acceptances 3 1-2. The follawing 1s a summary of the ns on the New York Stock Ex- ~tin iron ? u b - ~and discounts... $413,217.68 % nsecus 3 64.60 ities 3 e Depositea 1o secure circvla- tkonu . s, value) . b All other States ment (inclua miums, o oe. . $400, United 840,544.03 1,190,376.21 . _Banl ho fmlt\kx‘r?lnd and 601 St. 8. Lawful reserve with Fed- eral Reserve bank ,.. . Items with Federal Re- serve bank in process'of 135,800.00 Anyaon 13. Checks on other in the same city or town as bank . ‘Total of Items 10, 11 and $80,992.61. 14 b Miscellaneous cash 15, Redemption fund with U. 87 Treasurer and due trom U. 8, Treasurer .... TOtal cuviee voseow aaeand $758,123.43 8's, 3,199.74 404.024.3§ EE “5,320L71 i 2. Checks on other in the same city or town as reporting hank (other than Item “ee Total of Items 9, and 13, $517,485.51. 4. a_ Checks Ux .E.E ] £, veto ¢ R 9,935.71 10, 11 i g i ; $27,310.08 -mfi«ua for in- terest and taxes accrued .... .. e¥sf BEeg i bt o 31117448 lancous ! cash items ... 2,429.83 15, Redemption fund with . S. Treasurer and due from U. S. Treasurer. 16. Other assets, if any, Total seeecs convoa 669.97 R Circulating notes out- penses, interest and taxes paid. 20. 14,204.11 at banks, bankers and trust companies in the United tates and foreign coun- standing_. 1. Total of Iter $71,891.23, ~ Demand deposits (other than bank deposits) sube jerrae Capital stock paid in. fund +$1,000,000.00 - 600 000.00 terest and taxes s): cotton | ®ccrued- .. 6,704.48 sub- $76.110.96 ¢ Less current expenses, inter- est, and taxes paid posits)_ subject to serve, Iitems 2§ and 30 $424,592.09, Total wevves sovaes sanees $758,123.43 Btate of Connecticut. County of New London, 1. Charles H. Phelps, Cashier of the above named bank, solemnly swear that the above state- ment is true to tue best of my know- iedge and balln(. ,807.08 20. Circulating - notes out- standing ..,... . £ - Amount due to national 23. Amount due to state banks, bankers and trust companies in the United States and foreign coun- tries (other than includ- ed in Items 21 or 22). 24. Certified checks o standing ... cesaeanes Total of Items 22, 23 and (other and 24, $443,331.70. Demand . deposits than bank deposits) sub- ject to reserve (depos! payable within 30 days 26. Individual deposits sub- Ject to check . 30. Dividends un; . Total of demand dep (other than bank depos- Items"36 and 50, $5.081 tems an , ! $27.99. i Time derosits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings): 32. Certificates of deposit (other than for money bor- rowed) .. SR 35, Postal savings deposits Total of time deposits subject to Reserve, Items 32 and 35, $231,- 422.29. 72,303.88 895,100.00 4,055.52 - 437,503.79 1,771.79 Subscribed and sworn this 19th day of s;g‘emb!r. 1922. : JO! R. T. Correct—Attest: 2 COSTELLO LIPPITT, LUCIUS BROWN, J. C. HENDERSON, Directors. fé(mlrlll: reno‘;uuan- 1-\'4",;(1“r 2,027,987.99 , line and construction of walks on h side of Shippi: reet in 3,840.00 5 Ipping~et: >3 sep20a Charter No. 1187, Reserve District Council to be held at the Council Cham- it o ber in said City on the 2d day of October, REPORT OF CONDITION OF 1922 at 8 o'clock in the evening, and that - The Uncas National Bank at Norwich. [notice thereof be given, in the manner re- in the State of Connecticut. at the close by law, to all persons interested of business on Sept. 15th, 1922: ;: Irl: ', if they see cause, and be heard tion _thereto. RESOURCES. hich is_resoectfully submitted. 1 a. Loans and discounts. JERT S. RAYMOND, ¢ U. S. Government secu! J. E. FITZGERALD, ties owned: WILLIAM O'LEARY. ; Deposited to Committee on Public Works. secure circula- Norwich, Sept. 8th, 1922, tion (U. ES Accordingly, you will take notice that 196,722.00 34.700.29 .29, bonds, par there will be a heariag on sald report 36. United States deposits value) .... .. $60,000 00 and the resolutions therein contained at (other than postal sav- b All other United a meeting of said Court of -Common ings). including war loan « States govern- Council on the 2d day of October. 1922 deposit account and ment securitieg at 8 o'clock in the evening. at the Council sits of United States dis- (incinding pre- Chamber in the City of Norwich, Conn. ursing officers . . 39.. Bills payable (inclu all obligations representing money borrowed other than rediscounts) ... \... ... 41. Letters of credit and travelers’ checks sold for cash and outstanding .... Liabilities other- than those above sta 87,823.04 miums, i{f any). 29,950.00 Other bonds, stocks, se- curities, ete. Banking house, £34.000 furniture and $2,000 . . 8. Lawfu! reserve with Fed- eral Reserve bank ... . 10. Cash i vault and amount dus from national banks ...... ..%.. 11, Amount due from state banks, bankers, and trust companies in the TUnits States (other than includ in Items @ and 10) ...... 13. Checl on other banks in the same city or town as reporting ban at which all persons interested may a $9,950.00 | pear, if they see cause, and be heard in celation thereto. $9,865.90 “zD;led at Norwich, Conn., Sept. 18th, WESTON C. PULLEN, 26,000.00 | City _Clerk and Clerk of the Court of Common Council of the City of Nor- 39.000.00 wich, NOTICE All persons liable to pay taxes in the City of Norwich are hegeby notified that I have a warrant to levy and collect a tax of twenty and three-quarters (20 3-4) mills on the dollar on theiCity List of 1922, made from the . 200,000.00 3 16,558.59 9,985.15 oo oio.. ¥5088752.04 nnecticnt. County of London, ss. Nathan A Gibbs, Cashier of the above named bank, do colertm(xly'-we:r g;atbth: arbnvn state- ment is trus to the best ol - ledge and belief. ik ok NATHAN A. GIBBS, Cashier. Total . State of 112,05388 2,444.60 5,849.30 [ Pndicott 3 hrded = B Subserifed and Fworn to' et BT 3 5 b g payable Oct. 10, 1833, and Shotics i here: ! i i 3 Indicott J ... 7 % 8 s o hero 1392.56. le Oct. 10, 1922, - and service and guarantee not only the quality of every article but that the price i ndieott 3 1o 3ok 51 |tnis'19th day of September, 1922, 0 ¢ |14} 0 Aiscellaneous cash by Eiven that ‘asscsiments to'cover the b e A . . {Rrte 1 pr 26% 25% 2514 items ...... .... ....... 6.852.20 | the year 1921 are included in the rate asked for this quality is lower than it can it can be obtained for elsewhere. s B der e e GEORGE D. FILLMORE, |15 Redemption fand 'with bill, ‘and are payable at tiie time of the Freeport T ...l 24 23 2 Correct—Attest: from U. S. Treasurer $.000.0 | SRCLER CT gt 5, S48 Tor Tk Tours iGenl Asph .. 64 65 WILLIAM B. YOUNG, 16. Other assets, if assessments 1 will be at the Collector | Gen Elec 179% 180 ARTHUR M.-.BROWN, interest earned but not col- Office daily from 8 a. m. to 12.30 o e e Ton 14y HUGH B. CAMPBELY, lected ..o eoeeee ooee 181243 ang*trom 2 fo 5 p. me untli Nov. 10, ! Gooarich T4 isand sep20d Directors. fowing R Total ~eveee ssseess soas IIABILITIES 3786 454 00 | 1922, except the following days: $786,454.00 | ““Nonday, Oct. 16, I will be at the store of Edward MoNamara. 158 Sachem St, THE FREE — A QUALITY SEWING MACHINE \ NOW OFFERED AT THE GREATLY REDUCED PRICE OF The Regular Price of the FREE is $79.00 You can own no better sewing machine than the FREE, It has improvements which mgke it superior to all other ma- chines. IT MAKES AN ABSOLUTELY PERFECT STITCH, sews faster, runs lighter, lasts longer, is more beautiful, has less vibration and is easier to operate. Small Deposit Delivers It — Balance on Easy Terms. With a Heart convenience less loan made; plain Beneficial treatment; place to borrow; quick new borrowers welcomed; 9 to 5:30; write or phone 1-6- Pla; / % Plaut Cade Y 0 “Known for Quality and Service Since 1872"” STREET : NORWICH, CONN. . Society ROOMS 302-303 5 STATE STREET . 135143 MAIN The Great Money-Lender ‘We lend money to honest per- sons having steady employment; ioans for sums needed up to $300, repayable in six to fifteen month- ly installments, as arranged to suit of each borrower; legal rates charged on sum still due for time used; no charge un- deals confidential and none will know you are bor- rowing; private offices; glad to ex- convenient and safe Saturdays 9 to 1. Beneficial Loan - NEW LONDON, CONN. < Falls, from 12 m. to 1 p. m. 59% 623 [17. Capital stock pald in .. $100.000.00 : 100% 108 |15 Surplus famd eo- .l 2500000 |, Tuésday, Oct- 1T, 1 will be'at the drug 19 Undivided ohn A. Morgan, Greenevllle, 16% 16y 118 o $31,819.66 from 11 a.m. to 2 p. m. N Tre R TE T B i T R S ‘edn: ; Oct. 18, T will be at the New York Cent 978 983 Denses, interest drug store of George M. Rathbun, West NYNH&H 31% 32 | and taxes paid. 3,432.17 B e A E B Nor & W .. 1200 120% PR e 28 387,49 | , Thursday, Oct. 19, T will be at the store Nor Pac 86% 73 |20, Cireulating motes out- o0 ason Fillo WL (TN TN, ' 2 Se Stl Standing ...... .... e ,300. For 2 | Easts o s B g A e A Legal fees and additions will be made 56% 56% to those who neglect this_notice. Penn R R .. 8%, 49 | Danka baniers and Tt OLD T. ROBINSO! Eeoples s 97% 4% | Stajes ana forelgn cous- PR o Collector. Phila To 44 443 trics 5 S 30,596.52 Norwich, Conn., Sept. 18, 1922, Pitts Coal 69% 707% (24 Ce Press § C 89% s07% |, standing 230.90 Pullman . 13335 1341 |25., Cashiei Pure Ol 3% 219 |, ctanding S et eaaat § 4 2T08.00 Total of Items 23, 24 and 25, Ray Cons 184 18% | §32,527.42. Ry St Sp 119% 119% | Demand deposits (other REPUBLICAN COUNTY CONVENTION, Reading .. .. than bank deposits) sub: The delegates to the Republican County Rep I & St . 33 33 Convention for the County of New Lom- Rep Steel . ... 6% 69% don are hereby cequested to meet in the 2 Town Hall, in Norwich, in said County, % |Sears Roebuck 89 90 | " et to check ...... 534,831.26 | on Saturday, the 23d day of September, St Cona. =, % 33% 34% | 27, Certificates of deposi A. D. 1922, at 12 o'closk noon. (standard So Pacifie 931 % in less than 30 days (other |ume1. for the purpose of selecting a Sothn Ry than for money borrowed) 00 ; candidate for Sheriff of New London South Ry pr Total of demand - deposiis County, Connecticut, and for the purpose Studebaker .. (other than bank depos- of t nz any other business proper Texas .Co its) subject to reserve, to come before #aid Convention. > Items 26 and 27, $539,- Dated at Norwich, Conn.] this 16th day 231.26. of September, 1922. ! 44, Liabllities other than Union_Pac those above stated, un- 5 3 U S Rubber earned discount ... ... ALFRED H. POLLOCK. U S Rubber 1 Members Republican County Committee. U S Steel ., U S Steel pr . ‘Westinghouse TRUCKING Willys O'land solemnly swear that ment is true to the best of my know- ledge and bellef. trucking, dump; Clift St or D#n el Chicago Gratm Market. and soronie, 3t 13, je2d Wheat— High TLow. Clese s Y K B e | i ibg S .. 1043% 103 10335 Subscribed and sworn to hefors me 105 108% 104 this 19th day of September, 1922. BN vt i C::’ peat 08 107% - 208% DWIGHT L UNDERWOOD, Shetucket BT o o e e R C. D. JOSLYN, 253 West Maln service; Sept. wve €3% 82% 62 o Sevvar b e My W hours, Dev. ... B8 57% 53 e tention given Lo moving beilers and ma~ Cat Bl M vy SHINL G0 O L AL S W 2t Leng Distance m and Sept. 37% 38 Zimmerman, 17 Ave. 1451 Dec. 35% 36% TEAMING ana nm%.. May 38% 38% PAINT AND WALLPAPEE - J ‘,”'l‘ :P—mg $1.75 per gal., - ar $2.50 grade; wallpaper, Max Blazer, . 10c per Sheiton—A caucus of republican dele- , 183 West Main St, next to tion. myld gates of the twenty-fifth district to the convention will be held Saturday after- noon in