Norwich Bulletin Newspaper, October 20, 1922, Page 10

§TOCK MARKET WAS CONFUSED New York, Oet. 19—Strength of Lib- erty bonds, decilne of German marks to 3 cents a hundred, a new low record, and a highly confused movement of stock prices, the main trend of which was downward, were the outstanding de- welopments in today's financial markets. In the stock market there-was a con- tinnation of the recent conflicting cur- rents. A number of stocks, such as eorn products, American Can, Mahattan Shirt and Burns Brothers B, were pushed up for sizable gains, while oth- ers, like Pacific Oil, Republic Steel, Davison Chemical, and Studebaker were uwnder heavy pressure. Rall shares offered more stubborn re wistance to selling pressure than any | sther standard group, but even in those issues the final prices generally showed ftractional cessions_ from yesterday’s | closing quotations. The third quarter | deficit of nearly $140,000 reported by the Republic Iron and Steel company con- tinued to have a depressing effect on steel shares, Republic dropping 21-8; Bethlehem B 21-8; Crucible 13-4; Van- adium 11-2; Replogie and Lackawanna 1 each, and United States Steel 5-8. Equipments also were hard hit, losses of 1 to 21-4 points taking place in Amer- fcan and Baldwin Locomotives, Amer- fcan Car, Pullman and Railway Steel! Bpring. Oil shares again furnished the pyro- technics of the session, Mexican Petro- leum fluctuated within a radius of 10 points an delosed at a slight fractional | loss, while Standard Oil of New Jersey dropped 61-2 points below last night's close. Weakness in Pacific Oil was ac- companied by unconfirmed rumors of a possible cut in or omission of the divi- dend which was expected to precede the announcement of new finaneial to pro- vide funds to carry out an _extensive drilling programme. Standard Oil of California, which is supposed to be in- terested in Pacific Oil, sold off nearly 4 points. Other oils, with the exception of Royal Dutch which improved 11-8 points, showed losses ranging from small tractions to nearly 21-2 points. Corn Products, which has been men- tioned in connection with reports of pos- sible stock dividend distribution, was one of the most active of the specialties, making a net gain of 35-8 points. The announcement of the president of the company a stock dividend had never been discussed and would not be considered at the December meeting ot the board caused a temporary break, but did not bring much stock into the mar- ket. Manhattan Shirt was whirled up nearly 7 points. American Can im- proved in expectation of a resumption of dividends, and the strength in Burns Brothers B predicted on reports | of increased business and a remewal of ! reports concerning merger negotiations with the Consumers Coal Company of Chicago. Recent weakness of Davison | Chemical was attributed to speculative disappointment concerning the practical results of the Silica Gel Proces. Total sales were 1.196,000 shares. Call money opened at § per cent and eased off to 41-2 In the second hnur.. holding at that figure untll the close. | There was less activity in time money but plenty of funds were available at 5 per cent. for 3 to 6 months' maturities. The commereial paper market was slightly firmer, Demand sterling dropped abruptly on announcement of the resignation of Lloyd George, but its net loss on the day was only about 11-2 cents. French shecks and other allied remittances were higher, despite the further break m marks to 3 cents a hundred. STOCKS ‘The following is a summary of the transactions on the New York Stock Ex- change up to § P. M High. Low. 4T3 S4% 43 Allis Chal Mg Allied Chemical Am Beet Sugar Am Bosch Mag Am Can veowes I8 Am Car Pdy 193 Am Cotton Oil ... 263 Am Hide & Leath . 143, Am Hide & L pr .. 74 Am Ice X o 118 Am Int Am. Linsecd Am Locomo Am Smelt 603, Am Sugar 8% Am Su Tob .. 5 38% 38% Am Tel & Tel ....123% 123% 123% Am Tob .. ......164 162% 16 2% Anaconda .. .. .. 52% 61% b1% ATES .106% 106 106 AT&SFopr... 0% 92% 93y At G & W . . 30% 29% 29% Bald Loco .. J140% 137% 138 Balt & Ohio . 54% 55% Beth Steel (B) 8% 3% Brook R T ? 17 Butte Sup .. 32% 32% Cal Pack .. . 83% 83% Cal Petrol 60% 60% Cal Pack .. 83% 835 Cal Petrol .. 603 60 147% 1473% Canadian Pacific ..1 Cent Leather 4 “de Paseo 3 Chandler Motor 413 405 41 40% 39% 40% . 63% 62% 63% Ches & Ohio 5 6% Chi & N W 92 92 M&St P . 31% 32% CM St P pr CRIP Chile Copper Chino Cop Coca Cola Colum Gas Col Graph Col F 1 Con Gas Cons Tex Corn Prod Cosden Ofl .. . 493 4T% 4T% Cruecille Steel ... . 87 84 85 Cuban Am Sug ... 22% 22% 22% Cuba Cane .. ....-19% ' 13% 13% Davis Chemical ... 40% 367% 38% Erie . 5 15% 153% Erie 1 pr . 14% 14% Famous Players 993 991 Freeport T . 23% 23% Genl Asph . 613 61% General Electric 184 183% Gen Motor 1% 14% The Great Money-Lender With a Heart We lend mohey to honest per- sons having steady employment; loans for sums needed up to $300, repayable in six to fifteen month- ly instaliments, as arranged to suit convenlence of each borrower; legal rates charged on sum still due for time used; no charge un- less loan made; deals confidential and none will know you are bor- rowing; private offices, glad to ex- plain Beneficial Plan; treatment; convenient place to borrow; new borrowers welcomed; hours, 9 to 5:30; Saturdays 9 to 1. Call, write or phone 1-6-6-4. Beneficial Loan Society ROOMS 302-308 5 STATE STREET NEW LONDON, CONN. Licensed by the State Bank Commissioner FINANCIAL AMD COMMERCIAL e e | Reading Gt North pr ..... %% 84 943 Great North Ore . 38% 38% 38% Guit Steel .. ..... 90 885 838% Houston Ol .. ... 814% si% 82% Int Nickel .. . Int Paper Int C pir . Kelly Sp T . Kennecott Con Lack Steel :. Lehigh Valley Lima Loco ... Louis & Nash Marine pr .. Marland Oil Mex Sea Oil Midv St Midd St Oil M K & Tex . Mo Pacific Mo Pac pr Nat Biscuit Nat E & S Nat Lead .. . N Y Air Bk . N Y Central . NYNH&H N Y Ont West Nor & West Nor Pac .. Pa Sea Stl Pac Oil .. Pan Am Pt Penrn R R . Peoples Gas . Phila Co .. . Pitts Coal Pullman .. Pure Oil Ray Cons Rep 1 & St Rep Steel Sins Coms .. South Pacific . South Ry . South Ry pr Studebaker Texas Co. . Texas Pac . Tobacco Prod Trans Oil Union Pac Union Oil .. ... 5 United Fruit .. ...160 155% 155% Un Ret St 821 82% U S Ind Al 67T% 67T% U S Rubber 56 56% U S Rub 1 pr U S Steel U S Steel pr L122% 122 122% Westinghouse . 62% 62% 62% West U Tel L1167 1143 1M4% West Md .. L 14% 14% 14% Worth Pump . 38% o 38Y% Metal Market New vork, Oct. 19—Cepper steady, electrolytic spot and future 137-8 @ 14; tin firm, spot and futures 35.00; jron steady, prices unchanged; lead stead; spot 650 @ 6.75; zinc firm, East Louls spot and nearby delivery 6.80 @ 6.85; antimony, spot, 6.75 @ .00, — Money New York, Oct. 19~Call money easier; high 5; low 41-2; ruling rate 5; clos- ing bid 41-2; offered at 5; last loan 41-2; call loans against acceptance 41-2. Cetton New York, Oct. 19—Spot cotton quiet, middling 23.05. Bond Market New York, Oct. 19—Heavy buying of Liberty 31- which were carried to 103,02, a new high record for all time, in the face of a decidedly reactionary trend in the domestic and foreign secur- ities lists, was the outstanding feature bond dealings. The buying entirely tax-exempt issue, apparently was on the part of large in- terests. At 103.02 they were $1.80 above last night's close, but they dropped later to 102. The previous record high for this issue was 102.50 in August and the low, 86 in June, 1921. Other United States government issues were higher in early dealings, but showed irregular changes at the close. The third 4 1-4’s showed a net gain of 16 cents and the fourth 4 1-4's and uncalled Victory 4 3-4, six each, while the second 4's sold off 20 cents and the other issues from 2 to 6 cents. The sharpest break in foreign bonds came in the Prague 71-2's, which sold off 21-2 points, while losses of 1 to 11-2 took place in Mexican government &’s, Paris-Lyons-Mediterranean 6's, Cuba Republic 5's of 1949 and Brazil 7" In the rail group losses of a point or more were quite common, among the more prominent being Atlantic Coast Line first. 4's, Buffalo, Rochester and Pittsburgh 4 1-2's, Kansas City Southern refunding 5's, Canadian Pacific deben- ture 4's, Central Pacific guaranteed 4's, Atchison general 4's and adjustment 4's stamped. Seaboard Air Line consoli- dated 6's and adjustment 5's, Texas and Pacific firsts, Baltimore and Ohio con- vertible 41-2's and “Katy” firsts 4's. The few outstanding exceptions to the downward trend were New York Cen- tral debenture 6's, New Orleans, Texas and Mexico &'s, and Manhattan Elevated 4's, up 1 to 11-2 points, i Some of the weak spots in the domes- tic list were Cuba Cane 8's, Marland Oifl 71-2's, Wilson company convertible 8's, American Water Works 6's, and Hoffman Machine 5's. Total sales (par value) were $17,306.~ WELL HOU COFFEE DEPARTURE Gone! Are you gone?—O Summer, best of all; Best of all years and seasons I have known! Your bright days shorten and your bright leaves fall, And keener, toward the night, your winds have grown. There were so many things that made you dear, O Summer, dying where the fields are gold!— The hills, a certain shore, the rains this year, That kept the flush leaves new till they were old. But dearer even than your buoyant trees Were other gifts you brought that shall not go, When your last blossom in your last soft breeze Drifts from its high place in the garden row; Or When the larch shakes off her blue-green veil, Or out across a world of ashen-blue { The moon sweeps cold and clear. . .and tinds no éale New lovers chilled with love, and wind, and dew. —Zoe Akins, in Vanity Fair _—m 000. $14,000,000 issue of first lien and uni- fying mortgage 5 per cent. gold bonds of the Consumers Power company, due | November 1, 1952. These were offered . at 921-2 to yield more than 51-3 to! yield more than 51-2 per cent. | the Chicago Grain Market Chicago, Oct. 19—Uncertainties creat-|of the session. i ed by the ousting of Lloyd George as credited with letting go of December ' o° the danger point is past. British premier had a noticeable bearish and buying May. R AL Corn and oats were steadied by sup- effect today on the wheat market here. : signs of less anxiety ab: The principal offering today was 2 |supplies. T gt Misgivings on the part of holders be- | i o in weight. came more evident after the first hour, | Coes i i And Switn, incredsed hapeotiative sem“g‘not occur as long as the body weight [common for complete eradication. as well as enlarged realizing sales the 3 demand as a rule insufficlent to absorb LLo. G2YS" begin to fell, as evidenced except at lower prices. ' p, I feath ial i There was especially heavy selling by oo b heaghe toe ol Lol lights wire houses in the last thirty minutes piogs er Eroi pe” il AT the Elevator interests were | Prices closed unsettled at 1c net decline |Port received from big 1-8 down to 1-4c up, and provisions ranging from a set-back of 5c to a rise of 21-2¢c. Previous to definite ‘announcement that the Lloyd George coalition - has been overthrown, the wheat market here had averaged higher, influenced by the com- paritive strength which Liverpool quo- tations displayed in the face of yester- day’'s declines on this side of the Atlantic. Bullish sentiment, however, was checked by assertions that traffic congestion at the lake ports was being overcome and that exporters were giving Chicago Grain Market. Low. 113 112 104% 7% 67% 67% AGRICULTURAL INTERESTS FLUSHING EWES INCREASES LAMB condition of the ewes at breeding time, | X7 YIELD, TESTS REVEAL. s houses. New to 3-8 gain with December 1,127-8 tocorn, the first of which arrived in Chi- 113 and May 112 to 1.121-8, corn fin- | Cag0 ished 1-4c off 1o a shade advance; oats|December for number z yellow. i ‘The Wheatena Company, Y £l Wheatena g . Cereal that 8 Tastes Good Your Grocer Sells Wheatena—Recipe Book Free. 4 Wheatenaville, Rahway, New Jersey is maintained. When cold weather and by a drop in egg production and per- cases. birds over until the first of January HOW THE POTATOES Agronomy attended the joint field tour of the New England Agronomists and | HOW TUBERCULOSIS SPREADS IN |where HERD. Aroostook County farm bureau in Aroostook county, Maine, August 8 to The extent to which bovine tubercu- s, 10 inclusive. There were about 40 ; 3 as men in atterdance from Virginia, U. v S. Department of Agriculture, tne Middle Atlantda and New England | States 61% states other than Maine, Who Were from one of its 673 either plant disease experts or college |Ininois. Fvery 7% workers interested in potatoes. tour started at Houlton and extended "y through Presque, Isle, Fort Fairfield, | sisted of 14 cows, 2 S Limestone and/ Washburn, the heart |Tpon post-mortem 395 of the potato growing section. A large | the number of fields along the entire route were inspected closely and particular notice was taken of many fields along the road. lesions that the other reactors like though not of A fall moult will {state authorities but diseases are too “Late blight was also common and ill likely cause much ornittg. Spraying |In the year. is not being thoroughly done in many |S°ld showed such extensive lesions of “A few small fields In Vermont were | the seen en route home. of the party made a more survey and has since many feds are reasonmably free from |aTe not known. If the swine are still mosiac, although all but the few fielgs | 2live they are undoubtedly a menace HAVE SUFFERED | well sprayed are blighting badly.” brought 51-2 cents over| J- S. Owens, extension specialist in The danger of tuberculosis cattle te Swine was further demonstrated by the sale of hogs from this farm early The first lot of 21 nogs i i i i i 3 £ H tubercylosis upon post-mqrtem that packing company refused to ac- Anothi ember | CePt the. remaining 50. Thege were e extensive | Substantially sold to a +local - shipper identity anc ~ destination reported that | and their to other stock. The Bureau of Ani mal Industry cautions swine owners against purchasing stock from farms either tuberculosis cattle of swine are kept. The bureau inspector also reported losis, if uncontrolled, runs its course |that a week after the shipment of hoge through a herd of cattle Is.shown in |h2d been made a milch cow—a chromie a recent report received by the United | COUSher—had died and the younger stock Department of Agriculture | Was allowed to devour the carcass. Suech field inspectors in | @ Practice is responsible for a great deal antmal tnop herd of | of tuberculosis among swine in the Unt- The | grade Holsg2ins and Jerseys ryagted | €4 States. According to bureau officials, to the tuberculin test. The herd con- |the facts stated should cause any live- i ive |hOBs are refused because of -extensive animals showed - such xtensive > - i ontire . careacs was | esions of that disense; to hawe his condemned and destroyed. All of the |herd of cattle tested promptly. Unlest ise showed leslons |the origin of infection is known and joh an extensive na. |Tremoved, tuberculosis is liable to run its “It is no exaggeration to state that |ture as to necpssitate destruction of |COUFSe amoriz all the cattie and swine everyone from without the state was |the carcass. disappointed at : ot the fields seen,” says Mr. Owens. “The | most striking ever In six years work, the United States | the breeding season opens will bring re- + | most “striki Department of Agriculture has found | SU/ts next spring. that by extra feeding (commonly called “flushing”) at breeding time, its South- down ewes yielded 198 more lambs per 1,000 ewes"than Southdown ewes other- wise given the same care anl kept close wise given the same conditions, Good blue grass, mixed timothy and |tice may drought has prevented good pasture, a supplementary grain oats alone, or equal parts by measure of about one-half to three-fourths pound per ewe per day, is a good one to use. Flushing increases the size of the lamb crop’ in two ways—it puts the ewes in better condlion to make -sure of their getting in lamb and it increases the pro- are constantly striving to increase the proportion of lambs born to the number of ewes in their flocks, but they have in the bush DON'T STARVE PULLETS. There seems to be ing the dry mash. While this prac-|from but few fields and, unless the out satisfactorily in |condition of the field during the grow- clover, or soy-bean pasture if available, | S0me cases as a rule it does not, ac- :ing is known, seeq should not be se- furnish the most satisfactory and econ- ¢0rding to Roy E. Jones, poultry spe- | cured. omical means of fosshing; but & f cialist for the extension service. The puliets must either ration has been | growing or D#continuing the ither Canadian or Vermont seed se found to give approximately as good re- | dry mash is bound to decrease the tota, | Cured last spring or the year before. sults in increasing the number of lambs | feed and retard as the extra good pasture. A ration of | whish yesults in ‘only marking tims |18 to be expected In the progeny grown rather than storing up reserve. energy | Xt season as the good flelds are uns corn, ocats, and bran in the amount of | for winter. The better practice, is to decrease the beef scrap in the |SPected and certified by the dry mash and continue the mash feed- ing with a liberal Even this practice should be followeu only when the pullets are undersized portion of twin lambs. Sheep breeders |and in poor flesh. “A bird in the hand is worth two in A pullet well mmgural 5 an in good flesh may safely be kept most cases paid little attention to the |jaying providing she holds up or in amount of gram. in the minds of | large a proportion in many of the many poultrymen an opinion that early . more vigorous looking fieldls. { hatched pullets now in production may | mon are the the same care and kept|be successfully keld back by discontinu- , diceases that seed should be says Mr. Jones, | vast majority of the fields have so| much mosaic that to secure seed from the case one The fact that every ani- |Oon the farm. the large |mal in the herd reacted and showed A Tittle extra care and attention just 5 | 2TOUNt of disease present in most of | lesions makes of the Nothing succeeds like the succest of a widow after a second husband. recorded. them would be disastrous and rhizoc- tonia and black leg are present in too So com- so-cailed ‘degeneration’ secured Fields with plants of sufficient vigor for good seed are very few and be kept |usually small. These were grown from growth, | Increased infection of disease in these usually close to badly infected fie'ds. “Some of the best fields are being in- Maine SUBURBAN DAY —BARGAINS— 32 BROADWAY Silk and Wool SPORT presses ... 917,00 VALUES TO $29.50 VALUES TO $2050 — AT THE — ' - COATS OF GERONA Silk and Wool VALUES TO $39.50 $55.00 VALUES TO $75.00 10 PER CENT. DISCOUNT on all our best COATS and SUITS—AIlso MILLINERY, for Suburban Day Only. YOU WILL BE ASTONISHED AT THE REAL VALUES WE ARE GIVING. AND LUSTROSA | Broadway Smart Shop NORWICH, CONN. $24.50 263 MAIN STREET Envelope Chemise, value $1.00. Skirts, value $1.00 ............. 50c Crepe Gowns, value $1.25........ 79¢ Flannel Gowns, value $1.25. Bloomers and Step-ins, value 59¢c. .. 39¢c Flannel Bloomers, value 59¢c....... 49¢ Child’s Flannel Pajamas, value 79c. . 59¢ Ladies’ Waists, value $1.95...... $1.00 Ladies’ Silk Hose (three seams), Value $1.79 . . e einrisnnee .. $1.00 Children’s Hose, value 29c. ~<15¢ Bungalow Aprons, value 95c...... 75¢c Ladies’ Mochasette Gloves, value LB R A I T Toweling, value 12%5¢, yard. 59¢ MARKOW’S | Grand Sale Remnant Store Greatest of All Suburban Day Bargains NEW, FRESH-ARRIVED COLD WEATHI YOU CAN ALWAYS HA PRETTY FLOWERS growing in your home if you use our Holland bulbs. With proper soil and care they will develop quickly into beautiful blooms in which you can take just pride. Our hyacinth, ~ tulip, narcissus and other bulbs are worthy of .your best care. ROBERT WADDINGTON 328 MAIN STREET, NORWICH, CONN. H ; 2 .i s | calves and 2 bulls, |Stock farmer who =~ finds tuberculoss examination six of | #MOnNE his hogs or whose shipments of i [ a = NORWICH, CONN. NEEDS, { - ‘AT GREAT SAVINGS. 3 50c | Unbleached Cotton, value 19c¢, yard 10c Table Damask, value 98¢ ......... 50c § = Pillow Cases, value 25¢ .......... 19c § 89c | Spreads, value $2.00 ........... $1.25 Percale, 36-inch, value 29¢........ 17c § * Gingham (Bates), 32-inch, value : Outing Flannel (Striped), value » Long Cloth, 36-inch, value $2.25, 10 yards . oo ccsngsnansiin . S0