Norwich Bulletin Newspaper, October 17, 1922, Page 8

‘MARKET WAS ACTIVE. “—-ufl‘u bidding up shares. which 814 not participate ex-|p v 6 0 ered, ? been bidding up stocks In’ expectation: of stock dividends in the rather sharp advance last to Mfe today, and some ma- Beth Steel Beth’ Steel Beth Steel th Steel a setback today when Elbert H. 1o Rap .Y. Cornish, president p“ and otk both deni 1 Lead company, n any distribution was contemplated ¥y thetr eoncerns, which have been among | Cent Leather promine: Nome ntly mentioned In currel of the U. 8. Steel cor- qpr . h Steel pr 8 p o pr . (B) . cu pr. 'mo% Tr Brook B MR st Lo demt qnl of | Butte Cop & Z .... 1% ~ 1% ed | Butte & Sup ... 33% 334 Canadian Pacific ... 42% 41% h-l Much of the selling in today's market | Ches & Ohi wis . predicated on the bellef that last veék's advance had been too rapld. When e market opened today the “spread™ between industrial were of the opinion that a readjustme: was neeessary. There was some differ- | Chino Copper snee of opinion, however, as to whether e advance in rails was in reflection betfer bustness conditions or mecely manenver to cover the profit-taking mfustrial shares. and eailroad share wversges was about as large as at any ‘ime: this year, and professional interests |Chi R T & P . 1% 0t | Cent Leath pr 8% Chandler Motor % 63% §0 ......1053% 1047 Chi Gt West pr ... 16% 16 Chi M & St P 1323 Chi M & St Ppr ... 51% 50% Chi & N'west .. 923 . 921 Chi & N'west pr ...123% 133% 4% 44lp nt { Chile Copper 3 25% 2885 Cosden ... 435 of | Cosden rts 2| Crucible Steel in | Del & Hudson Dome Mines . New York Central crossed par again to- Brie. .... Aay)but later fell back to 99 5-8 as com- pa with 99 at Saturday's close. T i of nearly two points In. Lehi, Erfe 1 pr he | Erie 2 pr gh | Fisher Bod: Valley was accompanied by rumors of an | Gen Bleetr in the dividend rate. strong spots in the rail group were At- lantic Coast Line, Reading, New Haven, York, Ontarlo and Western, Nickel Ne Plate second preferred and Delaware a Hudson, the sains ranging from 3-4 to 2 so{nts. Mofe than 100,000 shares of United States Stes] common changed hands dur- lu‘m. day, the closing price, howev: représenting a net gain of only 1-4 of a Some of the buying undoubtedly polnt. Other | Gen El spi Gen Motor nd ec, Inspiration wid based on the theory that the report |11C Mer M ¢4k corporation’s business for the third qutrter will. be more favorable than gen- ##ally. expected. Other eteels were icreg- tlar,"Republic dropning 1 1-2 points a: Bethiehem B 1-2, while Crucible improved slightly. Eaquigments were hard hit'by today's selling. Baldwin dropped 2 1-4, Ame: ean Loeomotive 1 7-8 and General Elec- trie 4 1-4. The net gain In these stocks last week ranged from 2 to 9 poin Studebaker also yielded to pressure, fall- ing Back 3 points. Violent fluctuations took place in the Mexican Petro- Jeum: moved within a radius of nearly 8 polnts, closing at a net gain of 4 1-4, Bight priced oil shares. while Standard Ofl of New Jersey, whi had touched 218 1-2, fell back to 213 1-2, or 3 1-4 points below Saturday’s final rite. National Biscult again stood out in ¢ spbelalty list with a galn of 4 poin op'il 1-4. Reynolds Tobacco up 2 1 National Enameling up 1 5-8, Continental ing .. sit | Reading 1 Can up 2 1-2 and Brooklyn Rapid Tean: ap 2.1:8. Total sales were 1,191,000 shares. Call money opened at 4 1-2 per cent, ‘ a | South Pacific South Railway bat 'advaneed to § before the close as rémilt of heavy withdrawals In connecti with ‘mid-month payments. is qaiet and falrly fi Worelgn exchanges were weak, particu- rates. found lartys the French and Italian Alandonment of the consortium Bankers are holding out for 5 per cent. for the longer matutities for time money, with 4 3-4 offered by borrowers. Commercial paper Inter Pape: Kennecott nd M: Tl St P & MoK &T Mo K & T ts. Missouri Ps Nat Enam Nat En & ch|N Y N H 2, | Norfolk South Nor & West North Paci he |Penn R R . ts. | Pierce Oil .. Other strong spots were Manhattan Shirt Plerce Oil -8, |Ray Con Reading Reading 2 Repub I & Repub I & on South Ry Tob Prod Union Pac rxpression in the sharp drop in Greek ex- U S S shange. Canadian dollars were still at peemiom in this market. STOCKS. The following is a summary of ti transactions on the New York Stock E changs up to 3 P. M.: High. .- B2% 51% 52 . 86Y% 85 85 Alifs. Chalmers .Allled Chemical Am Beet Sugar allU S Steel ‘West house Willys O’land Willys O'land pr Worth Pump he x- Close. New York .Af Beet Sugar pr . 80% 80% 80Y Am'Bosch Mag 4% 41% 41 Am Can 74 721 . 72% Am Can pr 110% 11015 110% Am Car & Fdy 95 19215 192 Am Car & Fdy pr ..122 123 132 Am Cotton Oil Ly %27 Am_Cot Oll pr . . b6 56 b6 % Gen Mot Deb .. Gén Mot Deb 7 p c Great North pr. Great North Ore Hupp Motor Car Illinois Central Illinois Cent. pr Int Harvester .. Int Mer Marine Lehigh Valley Marlin Rock ... Maxwell Motor A .. Missouri Pacific N Y Air Brake . N Y Air B rts N Y Central ... Tenn Copper Tobaeco Prod .. . Union Pacific Western El pr . West Un Tel . 1% 38% 138% 6 25 y ic e L TR o 1 Cop 109 15 ar pr kA 56 well Motor A . 66 56 58 Mexican Petrol Miami Copper SsSM wi prow ae pro. & 8t .. St pr . & H . fic . pr or pr St pr . pr . A oro. U S Rubber .. S Rubber pr pr . El 42% 39% BOND MARKET. little upkeep. best for economy. R battery — power feature is 90 valuable, v wivwiw Low Speed Light Plant For Long Service — Low Upkeep E RY farmer should have this simple, easily oper- ated, safe plant—low speed, with long life and The built-in condenser cooling sy:tem for engine, eliminates tanks, piping and pumps — retains cooling water without frequent replenishing — maintains cylinder temperature You get in this plant these big advantages: push button start— long-lived Fairbanks-Morse Gould pnney—bn!l bearing dynamo— famous “Z” engine. A size to meet your needs. Come in and see this plant —let us show you why eact 393 | and TInvincible Ol * 62 63% 311 121% § 1 205 Sar| Sterling— '| % » Oct. 16.—Pronounced weak- : ness in the old Liberty 4 1-4 per cent. 14 | bonds, all of which declined 56 to 74 cents i, on $100, was the outstanding develop- ‘| ment in today’s bond market. jeons for assigned for this, one that in- 14 | vestors were selling old bonds to chase the newer and longer term securi- ties, and the other that it represented liquidation on the part of banks and large Two rea- souri Pacific' 4s, Union. adjustment 6s, and prior Hen % Industrial liens were generally lo'er‘ some of the prominent weak spots includ- ing Liggett & llym 7s, Puntd Alegre Cuba Cane moved “in the Mt d{m a point. Total sales (pu- v‘ha) weu $18321, 38% | Victory 4%s do_called. Quoted ‘in’ dollars’ md cents yur $100 bond. | ¢ Wllh the exception ot =l¢n cuzrency: Demand .. Cables 5% Guilders Francs Marks ... Tfre oo Swiss francs Pesetas’ . Belgian ‘trancs Sweden .... . Norway .... Greece .... Argentina Brazil New York, Oct. 16.—Copper 'dull, elec- trolytic spot and- future 14; tin steady, spot ‘and futures 34,00; iron nufly. No. 1 northern $34.00@35.00,. No.' 2" northern 32.00@33.60, No. 2 southern 25.00@27.00 ; lead firm, spot 6.50 @6.75 ; zinc firm, x.q;t St. Louis spot and nearby délivery 6. antimony, spot 6.76@7.00. - COTTON, New York, Oct. 16.: —Spav. cotton qm middling 22.45. MONEY. : New York, Oct. 16.—Cail mqae, m high 6, low 4 1-2. ruling rate 4" ing ‘bid 6, offered at.6 1-2, last lol-ll call loau against mmew 4 % Chicago, . Oct. 16.—Although whed.. corn and oats today reached some new | == Store Closed Today to Re-Mark Stock ‘Women’s and Misses’ Department The S. Kronig & Son Co. Earl Mathewson, Receiver to a close. From here the missionaries] Rave gone to Taftville, where a. \weeks' mission will be held. ¢ -.Vital statistic records for the month of } voters. abp:embex show 1 still bicth, 3 births, 4 marriages and 2 deaths. { MUST BE sou) AT ON_CE By Order of the Receiver Sale Starts Tomorrow fanha two | the session held in the town clerk’s of- fice by the selectmen and registrars of | Sixteen persons were made voters at iam:wm convention of the Shoestring district Saturday. j Baltic, has Lawrence G. Drescher and Joshua ’hy—(u' days with friemds and relutives h lor were delegates from Sprague to melmwem. “Cardif of Main street. after B —— CARS IN_ ANY CONDITION. . NORWICH AUTO- WRECKING co. - “We Tear ‘em Down and s,nw.v . tention clw- 10 -rmng hurm-o-' Tel 798-3. i and LEGAL NOTICES AT A COURT or‘;@u‘z‘l’m at Colchester, within X;g::l“u on the 1¥th day of Ordered, That six months from the date hereof be, and the same are, limited. allowed for the creditors to bring in their in some 3 mn in uid Probate District, and re- tarn make to this Court of the . notice Attest - GEORCE F BRIGGE. u!.‘l‘ld o . Judge Acting. AT A COURT OF PROBATE HELD at Colchester, within and for the District of Colchester, on thoe 14th day of October 1922, - Prasént—GEORGE E. BRIGGS, Judge Estate of Hannalh Drown, late Town of Coichester. 3 Dl e iz Brown. Cojebester, Comtgohdiy Ordéred, That six months from the {lll bq. and the same are. llmlled {or the creditors to Mnt spending & top record prices for the season, immense profit-taking sales led to downturns later. A decided gain in wheat values at Liver- pool was chiefly’ responsible ~for the strength shown by markets here.i Wheat in Chicago closed unsettled,” 1-3c - net lower, to a like adyance, with December 1.12 1-4 to 1.12 3-8 and May 1.12 1-8'to .12 1-4. Corn finished-1-4c off to..3-8c pur- | up, oats gown 1-2c-to 7-8c, and provisions varying from 17¢ decline to a rise of 2c. General buying sent wheat up quickly at the start here, but the rise, coming after recent other gains, proved to be'a great incentive to realize on hoidings. * Pressure from cealizing Here was o- ticeably increased through active sellihg from Winnipeg houses. that were' pur- chasing at home. Besides,. increases in the domestic 2hd Canadian visible supply totals served more or less to temper bull- ish sentiment. European need -of “wheat ‘as’ indicated by the Liverpool advance was currently estimated here as amounting to 250,000 - 000 bushels, exclusive of ' a shortage of 100,000,000 bushels of rye. Sales to Eu- rope today were figured at about 1,000,000 bushels, chiefly Canadian. ¢ Corn and oats were governed chiefly by the action of wheat. 'Leading interests reported that Germany -was paying 99 cents a bushel for corn equal to 76 cents in Chicago. Provisions, excepting: only October, lard; showed sympathy with the firmness of hog values. Chieago Grain Market. Wheat— High. Low. Close. 114 112%. . 112% e 112 L 112%. 106% . 104% 104% . - 66% 86, 68y, ;- 8% . 68% (1 61% 41% The regular moetb‘ of tba Philfldlfl Parent-Teacher % o fol!ot- Br!’:l;t Blue w-na “Hélen ' Mw 1 - 3 l‘». lates, Mrs. Peter- A.Ilud. ‘and; Mhzm went to l(rl. E..Bal o honer of F.|. Timmes was held Saturday evening at| - the home of Mr. and Mrs_ John Taylor, | 22 Lawton Heights. . Dainty retresh- ments were served :by’ Mrs.- Taylor, as- | sisted by Miss Margria Winsor. The | - evening -was well spent and all- HAS anyone ever told you that you have been coffee and tea contain caffeine and thein—which are well-known drugs, as any doctor can tell you? If you are troubled with nervous headaches; if you - lack energy; if you don’t sleep soundly and restfully at night, it may be because of the coffee or tea you are drinking. ‘Why not test it out for yourself and see? Stop ' or tea for a week or two. Drink Postum instead. See if this delicious, pure cereal beverage does not help build up Pro'bably this is just the | Information your system by letting you get sound, deep sleep. The rich, satisfying flavor of Postum will surprise and please you—and like thousands of former coffee-drinkers you may never go back to coffee-drinking again. Ask your grocer today for Postum. Have it served piping hot, in all its rich, aromatxcfi'agrance—andseehow ‘well you like it! - Postum comes in two forms: —-Instznt Postum (in tins) prepared mstantly in the cup by the addition of water. Postum Cereal (in packages, for those who prefer to make the drink while the meal is pared) made by bodmgfi:ll,laymgtwunty mmute& R INS VR PRI TS MWL) P/ estate. the M or is directed to give mblle no-/ the creditors of said estate te M‘M claims within said timd a)- of MI on e District. and this Court of the notice ammztmxoo-. Judge Acting. A COURT OF PROBATE % s T T 6 of on. on e y X A..D. 1922 Present—GEORGE E. BRIGGS, Judps Aeting. Estate of Hattie E. Robinson, Inte LeMn‘an lon l;miet. deceased. P 'fln-‘ Admin! it iz theref: Pty 2:1;;"' ke Slieones Probate Cou: the samc. and the directed to give by Jublishing this, erder et in, sal trict, at least four nrior to /| of saidt heacins, t&mnlfii returnm'- s GEORGE E. BRI oct17d . o’&‘ “| coeding "3t interest rate pro- ,v)“‘ hw You can make a loan