Norwich Bulletin Newspaper, November 9, 1922, Page 7

FINANCIAL AMD 'llml! SHOWED STRENGTH. New York, Nov. $—Except in & very tgw special issues, which had a direct hterest at stake, pricés in today’s stock market continued t6 move to higher shound in virtual disregard of thé re sdits of the general election. Dxper mum-l short wselling imparted a reac- tionary torié to openifig prices, but spée- wators 16r the advance soon obtaineéd contfél of thé market and rallied the st after stdghig a serfes of = bullish demenstrations i a féw mdividual sftdres. | Chiéf irterést im the finandial commu- nity eefferéd today od a sharp 100 foint rise in cotton prites and thé fur- ther depreciation of French,® Belgian and Gefman excha to new low lev- s for thé year. THé jump in cotton, which Was equivdlent t6 $5 a bale, fol cwed publication of the government’ ginning report showing 8,139,839 bales ginted to - Noverdber 1. xmprmed fractiomally, while, Kennecott " became strong and ac- the close in response to a brisk rally in United States Steel com- mon, which carried three above Monday's - closing level. smaller gains were recorded by Cruci- ble, LethLhcm B, Republic and Mid- vale, Gulf States climbed 3. 3-», Baldwin and Studeba in which- a ldrge short intérest is supposed to ex- ist, also made good gains in the ‘final hour, Somié of the specialties which got in- m néw high ground wefe Weélworth, De;nn.mcm Stores and Fisher BD% Railroad shares showéd mifed changes, mainly unimportant, but Jer- sey Central closéd at a‘'net gain of 1-2 points. There were a was offered fre€ly because of ed unsatisfactory eéarnings drepping more than 4 pob Total sales were 860, shares. Call monéy opened it 5 per cemt, but Feport outlook, Thé sharp bteak in the allied conti- pental exohdfiges Wis attribdtéd to the igereasingly serious financial and éco- nomie outiook of thoso countries a8 2 result’ 6f the failure of the Berlin rep- arations conference to effect a1 satisfac- tory methied bf payment and # e¥olvé %' successful scheme for the ecomoric rehabllitation of GerMany. Frefich ftancs dropped nearly cénts each as cnmpmved with 708 a week ago and Belgian francs dropped even moré to 5.59 cemts each as against €.55 last week. German marks oofitin- wed thélf coursé téwards the vanthing point, being quoted at 1 3-16 cents a ~hundred. Sterling, however, was strong, ng to $4.46, a gain of 1 3-§ cents r Mondhy night. THE eléction’s greatést surprde io Wall. stréet was the extent of the dem- oeratic victory. While this was inter- preted as due, ‘in part, to dissatistac- tion with the Fordmey-McCumiber tariff, stocks of companics micstly benefited this législation falisd to be appreciab: influenced by the election lapsé before amy widespread charige in tariff rates could be cffectcd and that it was 0o early to antigipate them at thls time, 5 Trading in socks was more qufét than usual. Public utility Issues wero amorg the most active, buying he\nci based on the theory that, with the efe ition out of the way, several companies can now go ahead with their recapital- ization plams. Consolidated Gas, and ColumB¥é Gas, éach of which has been nurposely withhotding plans, until after election, ddvaneed {6 3 3-4 and 1 3.5, respéctively. The Columbia Gas plan Is said to invelve the déciarationi 6f 2 :50" per osnt stock dividénd W 7 per %cent préferred stock and thé Cornsoli- datéd plan ls reéported to Irclude _the distribution of somé of its New York {Edison Rldiige. Market Strest rail- Iway shares wers strong on the strengeh ‘of early rotufns from California indi- cating. addition of an amendment to the istate” constitutfofi pérmflting the aequi- ‘sition o fthe lines by the oity of Sam Franicigeo, .Coppér €Nares continued to givd & good @ecount of themgelves, holding up weil W fhe face of early Selling pres- eure. Gas of 1 to 3 points were re- ported by Chilé, Chiné and Arigona and Afaconda, Utah and Butte and Superior e —————————— PUTNAM & CO. WERERAS, WEW YORK STOOK EXCHANGE Succzesons Yo FICHTER & CO. 6 CENTRAL Row HARTFORD, CONN. TAX EXEMPT IN CONMEC- TICUT IN.THE HANDS OF INDIVIDUALS ‘We Offer CONNECTICUT LIGHT & POWER COMPANY First and Refunding 1-3 a cent to 6.10| Wore availdble at 5 resalts. | 4 Tradets dvguéd that miany months must sdvan¢ed t6 5 1-2 and thén to 6, Where it closed. Stiffenihg 6f the rate was attrfbutéed to withdfawals by interior banKs, Who afe finding a profitable_use for their funds by financing opemdons i comnéction with the holdifig back of crops by whéat and eotton growers for | highér Pries. Plety of time fund: er ceént, for ine shortér matarities, e bulk of com- miercial papef was disposed of ,at thé 4 3:4 per cent raté. . STOCKS. The followiig is W& suliniary of the transdetions on the New York Stook Ex- change tp to 3 P. M.: High. Low. v 19 76% 4315 Alliéd CHémical Allis Chalmers . Allis Cl\elm or . Am Am Cotton Oil H & L pr Tel & Tel Am Tobacco Am Woolen .. Anaconda Cop. Atch T & § ¥ . Atch T & S F pr . Bak & Ohio .. Bethr Steel .. . Beth Steel (B) Beth Steel cu pr .. Brodk Rap Tr ... 18 Brook Rap Tr ctfs Butté Cop & Z .. Butte & Sap Canadian Pacific Cent Leather . Cent Léather pr Chandler Motor Chi Gt Wes “hi Gt West pr iM&StP .. Chi M & St P pr Am Am Crucible Steel .... Crucible Steel pr Dome Mines Motor Deb 7 pe 9 Great North pr .. .. Great Norih Ore Hupp Motor Car Hilinons Centfal . 11l Cestral pr A. Inspiration Cop Int Mer. Mar . Inter Paper Keneeott | Lenigh Valle Maxwell Mat & Mexiean Petrol Mexican Petrel pr.. Miami Copper Mo K & T w i 3 Mo K & T prw i.. M K & T full pd.pr Misour! PacMic ..... Missouri Pac pr Nat_Enam & St ..\ N Y Alr Drake Y Central NYNHG&H Norfolk & West . North Pacific .. Penn R R .. Mortgage 5s Due May, 1951 THé earnings of this company show a substdfitia]l increase over last year, and at the present . time .are rumming at the rate of about three fimes the intérest charges. We recommend thése bonds for wOMSSrvAtivh investmesit, Pieves O .. Pierce Oil pr .... Ry. Steel Spring Ray €on .. Reading .. . Readinf 1 pr . Rep Irom & St South Pacific .. South Railwdy South Ry pr .. o i #pots, notaBly General Asphalt, Wwhich ’ J i Exposure—then painful chest with a tight, clinging cold. Don’t Yet that deveiop. Break up the congestion znd you are relicved of your cold. “Apply Sloan’s. Don’trub. It peneiraies—strikes right into the Sore spot, warmsit up, starts the blood coming and going. Thissimple, effective action banishes the congestion. “The Werld's Listimerit.” Siean' dching rauscles, rheumatic twinges— a1l the pains of congéstion. Worth Pump BOND New York, Nov. price movements (ool bond market, foreign, local traction and most of the railroad issues losing ground while liens of indus 1 and public utility companies generally moved to higher levels. ‘nited States government bonds werc reactionary, the new 4 -'s breaking be- low par for a n 10<s UA 10 cents $100 and the Libe 44 cents. \Loss ranged from 2 to case of the first cents, and the o unchanged. Foreign secu der the dep her weakening s proved tho which advanced 19 th 4 1-4's, which were fes again sagged un- ing influence of a tur- of exchahge rates. Seine most \IJ\H-!' a point were an 6's and $'s.. Ci ty Danish municipal nd Bordeaux 6 ;, particuiarl , each of which ois, s recovered ground iost in the ceme reaction. The conve ries B, advanced 1 1-2 points and the series D, 1, while the general 4's moved up 1 3-i. The prior lien #'s continued under preésure, dropping er weak spots in this di Seaboard Air Line refunding m t's, S vertible 4 nfieapolis- and Ohio, Southwestern division 3 1-2's, H'r‘ outstanding gain in the industrial opper T's. Genmeral Elecirte &'s, and 2 1-4 poini per §'s 1 3-4, while Cerro De Pasco 8's, Remington Arms 6's, Cuba Cane §s, and Bethlchem Steel 5's of 1936 were 11-4 to 1 1-2 points higher at the close of the day. Public utility issues which stood out in¢luded Market Street railway 5's, Brook! n Cit yrailroad firsts ana Druok» 's. Local tractions appar found something disappointing | election of Smith hecause the Rapld Transit 5 certificates | 1-2 points and the cert fl- , and Stamped 7's were down 1 Total sales par value) were $15,764,- 0. Liberty Bonds. | High. Low. 10 93.56 98.84 98.42 98.74 98.80 100.34 100.04 99.84 Close Lib 2d'4%s 93. 65 8 Lib 3d 4%s 99.96 Victory 4%s do called Treas 4ls ‘bend Foreign Exchange. With te excention ©f sterling, ap quotstions ara In ceats per woit of for eiga cuzreacy: Sterling— Demand .. Cables Francs Cuilders Marks Lire .. Swiss - francs Pesetas Yesterday. - ISERABLE FOR TWO YEARS |- “Frdi-a-fives” Restored Her Strength and Vitalify Movirorviiie, Cazzows Co., N. H, * was all run down shd work was burdensome owing fo Indigestion, ,and gas on my stomach which caused e to beldugooddal My)mut seemed to be affected. It was two years ago that T was in this condition and began the use of “Fruit-a-tives’”’; which proved the very rémedy Irequired. I wasfresd of the Indigestion, whieh T attributed to miy heart; and I can comseién- tiously ‘ recomimend *‘Fruit-a-tives’ Mis. FRANK W. WALLACE. m.m,smu.m, sizé I5e. t dealers or from FRUIT-A-TIVES ted, OGDENBBURG NY. z Yy W, at your bud- e b«gm tfi pugrifl(éh;. is no mi 7 !" list was the 4 1-4 point jump in Chlle! gett and Myers 5's each moved up! and American Writing Pa- ! $1.50 value Men’s Caps | ' At $4.89 Value $6.00 3250 value Lt MEN’S PAJAMAS $3100 value: . .~ .ovo i ativans MEN’S SOCKS 20c value ......... 8 pairs for $1.00 50c Cashmere Socks ............ 39 75¢ Fibre Silk Socks .......x.... 59¢ Value $1.95 MEN’S SWEATERS—Coat style and Pull-over, V-neck styles, MEN’S SUITS AT $19.50 100 Suits, of finest materials, in this lot for a special birthday offering. Values to S.oa 00. OTHER SPECIAL VALUES IN SUITS AND OVERCOATS— MEN’S BATES-STREET SHIRTS—AIll Fast Colors — At $1.89 Value $3.00 MEN'S SHIRTS AND DRAWERS At §129 Value $2.00 #EN'S UNION SUITS $1.29 $1.89 $1.89 $2.39 THE MANHATTAN THEODORE LOWENBERGER Announces a Birthday Sale Celebrating My Ten Years In Business In Norwich From a small beginning 10 years ago, I have by good, sound business principles and honest values brought myself through these 10 years to a place in the business life of Norwich, second to none. vy dim has been to give the people of Norwich the best merchandise to be had, and now that the people who have rallied to my success and appreci- ated my values may realize something for their patronage, 1 am going to have a three-day sale, starting Thursday morning, in our Men’s Department, giving you a chance to fill your needs for winter’ with good seasonable merchandise at special low prices $25.00 — $30.00 — $32.50 — $37.50 — $40.00 MEN’S NEGLIGEE SHIRTS', Men’s Silk Shirts of every discription in this lot— At $5.95 Value $8.0 At $5.50 Value $7.00 o= snue HOD . 89¢ MEN'S NECKWEAR $1.00 valoe ... ... MEN’S FLANNEL SHIRTS $4.50 Shirts $3.50 Shirts ~ Men’s Soft Collars, see Ve sz-ss each.... 19¢ 35c and 50c values in good All-Wool Value $10.00 MEN'S WORK SHIRTS, THEODORE LOWENBERGER $1.00 value. .. 8% 121 MAIN STREET—NORWICH. CONN. MANHATTAN SHIRTS CHICAGO GRAIN MARKET. Chicago, 2 8.—Wheat averaged lower in price teday chiefly as a result of a- decline at Liverpool and Lecause of reports that .grain purchases made for ltaly and Germany had been can- celled. The wheat market closed un- settled,.1 net lower to 148 advance, with December 1.15 1-8 to 1.15 1-4 and May 1.15 to 115 1-8. Corn gained 3-83@1-2 Quoted in dollars m’ld cents ver 8100 a 2 to 3-4@7-8; oats finished. unchanged to 1-4c higher ;\nd provisions at a rise of 7 to Bears in the wheat market had an dvantage early owing to weakness of Livebpool quotations, but this advantage was partly offset ldter by strength in the New York cotton market and i securities. Then a bulge in the prige of corn here had a temporary stimulat- ing effect on wheat values. The gains in wheat, however, were more. than wiped out during 'the final hour when gossip became current that Italy had cancelled 500,000 bushels , of wheat bought and {hat Germany had can- celled corn. With Francs and marks at the lowest figures on record, wheat displayed but littte power to rally at,the last. Nevers theless a fair amount of export business was announced as ‘having been put through at the seaboard,” and export sales were also noted as having heen made at Omaha and here. A of . nearly 6,000,000 bushels,” in® th. world’s available nw\y was’ practical- iy ignored. Strength in the corn market and* in oats was due largely to expgctance of a bullish government crop as to corm New high price records for the season were touched. ‘As @ mattér of fact however, government figures on® the yield of corn were nearly 160,000,000 bushels ~in ‘excess of private estiniates Provisions were dull but fi climb™ ed a little in line with hefs and an ad- vance in lard at Liverpool. Chicage Grala Market. High. Low. Close. 118% 115 115% 116% 1143% 115% 106%. 105% 69% 9% Wheat— Dec. Lo " M&Y ..w July .o Corn— July am - New steady ; mlfllhl' New. York, Nov. 8.—Can strong; High 6; low 5; ruling raté olosirig bid §; offered at 6 1.2; lask 6; call loans against acceptarices 4 i | METAL MARKET. New York, Nov.. I—Gm “frm; electrolytic, spot and 13 7-8; ture £13 7-8@14; tin 'nt. tures 37.00; fron easl n.ooato 00; ol 7.00@7,25;. sise snot and neuby dal(ur, 1 1 imony. -mz ’{:;. w;iz‘ uoi ATTITUDE OF ANNAPOLIS CADETS"'TOWARDS HAZING zA. O Annapolis,” Md., Nov. 8.—Light was shed on the- attitude of mitdshipmen to- ward hazing and the defense which is to be made by the first elassmen charged with it by the testimony today of Mid- shipman Ebert L. Friberger of Colorl.- do, first classman, af the which is trying First Cldseman Joh: P Gilmer, Jr., of San Diégo, Cal, on that charge. Fryberger is also under charges. 1t was developed by thé witness that members of the first class had met during the surhmer &ruise and discussed their attitude and acticas toward the new mid- shipmeén in the light of a letter which! Superintendent Wilson had sent to the upper classmén. The opiftion of the cldss, Fryberger said, was that the stftentent of the supes- intendent that “it is tHe mission of the seniors in ‘the ndval sérviee to imstruct and train jutifors” petnl(ted certaln amount of questioning of the ‘“plebes.” M was also thought, he sdid, that the assignment of physteut scunts was in the nature of training in that line, — FRENCH PRESS VIEW OF AMERICAN BLECTIONS Paris, Nov. 8 (By the A. P.)—The Ptetl:hPlrlhn. wmn:nfln‘ on the resuits o e Americap eecums, says: victory of the democrats is évidéntly = manifestation against Presient - ing’s adminfstration and the legis in which he took the initiative. La Liberte advises its readers wt expect a change in policy at wmxn'un “until fufthey dévelopmierits,” adding, “ft will be prudént fiét to expect the Unitéd States is goitig to ¢Bm its attitude on internationdl] financial qui The Fremch n l&m a9~ pear. miors mm-ua in the. “wet” lssus v.hnrnmowngfi-olthm "‘-M will bs betars !dun.retmto amount of wetness, with authorizetion te consume wines anfl beers. - / i it CHILEAN $18,006,000 BOX. AN mamnx: New York; Nov. x.—m umoo,ou Chilean twenty year 7 per e#st. bond loan Has been successfully flodted here, it was (s::‘:tnym this l.fmoux:‘b‘y the Netional ‘books weré éloséd. mmnwumi!-‘dul- memmmm STETSON HATS on Monday morning and deepite the ln-l tervening bank holiday, because of the election, the entire offering had been sub- scribed to before 2 o'clock this afternoon. EAST HADDAM Miss Eliza Roper Swan, daughter of Mr. aad Mrs. R. H. Swan. and Raymond Hamlilton Ventres, son of Mr. and Mrs. G. H. Ventres, were married at 4 o'clock TPuesday afternoon at St. Stephen's church, Rev. George A. Ailcott officiating. The bride was given in marriage by he: tather, and was attended by her sister, Misg Elizabeth Swan, as maid of honor, and by the Misses Mildred Ventres, sister of the groom, and Phoebe Hefflon. as bridesmaids. Oscar Stromberg of Mid- dletown wis the Best man, and Stephen Cogk of Hartford' and Oren Erickson Were ushers. After a wedding trip through New York state to ‘(Llsln Falls, they will reside In town. Mrs. Kemneth J. Hoffman, Mrs. Harold | Plumstead and daughter Adelaide of | Hartford were here to attend the Swan- i Ventres wedding. Mrs. Afs E. Brooks of -Willimantic, | form of ,this town, has been visiting friends hc? { Guests of Mr. and Mrs C. I'I Rogers | Sunday were Mr. and Mrs. A S. Chapin | and Mr. and Mrs. Ely Rogers, all of ! South Manchester. i ‘The Brainard house, on the, sité of the proposed new high and grammae school. | has beeni sold to H. F. Roberts. Cldrence Alexander and children are hér parents in Higganum. Mrs. Willlem Price of New York city is visiting her umun. Mrs. Heber Ely ahd Mrs. E. B, Smith Miss Carrie Bowers atténded the wed- dimg of her brothef, Lewis Nelson Bow- «., and Miss Blanche E-l.ry Carter in lord Tuseday. fi umwmm hflflr Middiebury, where they will pass winter with their son, Harry AERIOLD SENIOR s«i.m’.~ TO STUDY 'O“Aml OF A JUNIOE ORDER, i.l ' New Haven, Nov. 8—Martla H. Gf- mody of Grand Rapids Mick, has beer appointed chairman of the Kaights of Columbus committes to study means Sy the formation of a jumior order-of the - knights, it was announced here tOBight. Mr. Carmody is depaty supreme knight.: FACE A SIGHT WITH: PIMPLES Large and nd Red. liched and Burned, Cuticura Heals, - with red pimples. They wers \l.c.rm‘r:l.,comm ceneee. $11200 MTMMM&.“B"M