Norwich Bulletin Newspaper, November 25, 1922, Page 12

12 NORWICH BULLETIN, SATURDAY, NOV. 25, 1922 FINANCIAL AMD COMMERCIAL e et RECAPITULATION OF DEALINGS IN NEW YORK STOCK MARKET Day’s total sales, 702,000 shares. 20 industrials averaged 94.18, net gain 10. High 1922, 103.43; low 78, 20 railroads averaged 83.4 net loss 24, High 1922, 93.99; low 73.43. MARKET WAS IRREGULA New York, Noév. 24.—Prices day's stock market were again ularly lower. Sporadic rallies in individual fssues, combined with rather extensive short covering on the thory that the decline had been over-done and technical con- ditions warranted a rally, gave the market the appearance of strength dur- Ing the early part of the session but the ha¥-hearted way in which the rally progressed induced further liquidation and short selling, jwhich spread a wave ¢ weakness over the list at the close. Equipment, food, ofl, textile and motor stocks raflied 1 to 3 points above yes- terday's closing prices on the rebounds, as did some of the seasoned dividena paying rails in which there were indl rations of Investment buying. Consol- fdated Textile was one of the most ac- tive shares on the market, fluctuating within & two point radius and closing at a slizht fractional gain. ssoclated Dry Goods improved more than points. Independent stee] shares were again sobjected to short pressure bnt ‘they of- fered more stubborn resistance. United States Steel common, t States and Lackawanna were unchanzed, Republic moved up a point and’ Replozle and Va- nadlum fractionally while Bethlehem B and Crucible declined quarter and 3-4, respectively. Standard Oil shares yielded more eas- fly, Standard of New Jersey being down almost 5 points at one time and closing at 19 1-4, or 60 points below the high figure reached just before the declara- tion of the stock dividend. Standard Ofl of California was down 1-4 and General Asphalt 1 1-2 but Pacific ON, California Petroleum and the Pan-Amer- fcan issues moved to higher ground. Relaxation of pre t some of the raflroad shares resulted in mixed changes at the close. Chicago and Great Western preferred broke two points and Delaware and Hudson yield- ed 1 1-2 but Lackawanna improved 1 1-4 and Illinois Central preferred. 1 3-8 ‘most of the other changes being of a fractional character. Utah Copper got as high as 61 1-2 on publication of the quarterly reports of the porphyry companies showing marked {mprovements in earnings, but it eased oft to 60 3-4 at the. close. Str ghaker climbed to 124 1-4, -but it was picked out as a target by short interests to- wards the close and knocked down 122 1-8. Fisher Body gave another demonstr: tion of strength, climbing four points, in to- irreg- ) while Davidson Chemical lapsed into #n- other period of weakness, losing 2 3-8. Call money opened and renewed at 4 3-4 and advanced to 5 in the late aft- ernoon, closing at that figure. ‘Time money wa smuch more plentiful today, some 30 day loanms being arranged on 3 4 3-4 per cent, basis. The longer ma- turities continue to command cent. The commercial paper market was comparatively quiet with the ruling names commanding 4 3-4 per cent, Foreign exchange business was again quiet, -prices fluctuating within narrow limits. Demand sterling was quoted round $4.49 1-4 and French france around 7. Silver exchanges were weak in reflection of the recent drop in silver prices. STOCKS. High. 176% 4 . 46% . 12% £100% 1221 Low. Am Car Fdy 17634 Am Smelting Am Can .., Balt & Ohio . Ches & Ohio ... Canadian Pacific Cent Leather Erle .... .. General Electric Great North Ore Iilinois Cent Louls and Nash . New York Cent Nat Lead ... New Haven Penn R R. Reading . Rep 1 & St Southern Pacific Union _ Pacific U 8 Rubber . U 8 Steel Western Union West'house El Utah .. ... Crucible Steel .... 647% CANNOT LIVE - WITHOUT THEM Science Discovers That Vita- mines Are Absolutely Essential to Health Fruit Juices a Sourde of Vitamines “FRUIT-A-TIVES” _the Wonderful Fruit Medicine Is Rich In Health« Giving Vitamines Thousands of men and women are falling off in health and vigor because the food they eat is lacking in one, element, without which they cannot keep fit. This element is Vitamine. Ordinary meats and fish do not con- tain it. Milk is not rich in it. Manu- factured foods have the Vitamines destroyed in the process of manufac- ture. Some fruit juices are rich in Vitamines. A careful examination of experiments conducted by both British and American authorities shows that DOt indesttructible, is hard to break by | With his daughter’ in. Springfield, Mass. Oranges contain an abundance of both “B” and “C” Vitamines and Ap- ples contaln a relatively large amount three times as much as ordinary glass, |make his home elsewhere, -~ He cdme $o of these vital substances. Why is it that “Fruit-a-tives” gives such marvellous results in overcoming Constipation, Impure Blood, Starved. ware, porcelain, ehamel and aluminum. [ Anderson died last week, and he has|friends, returns Nerves and a rundown system ? Because ‘Fruit-a-tives” is a thue truit medicine—the only medicine in the world made from intensified fruit juloes. “Fruit-a-tives” is ich in the “B” and “C” ' Vitamines, derived from the juices of oranges and apples. a hél'ow stick made of thi§ glass. Thin | The . c To take “Fruit-a-tives” ' regularly, is to supply the syStem with the Vita- mines which are needed and which are wbsolutely mecessary to h ! 5 per! 4 many had apparently met % | were less liberal than of late and Min- 2 | cago gave firmness to the market here | / uncandled extras, 81 @ 82; refrigerator ,An open Baldwin Loco United Fruit Inter Paper . Kennecott Copper Corn Products . Bethlehem Steel B Pierce Arrow Vanadium Corp . Col Gas and Elec..102% 121% 151 495 313 128% 62% 10% 21% 102% BOND MARKET New York, Nov. 24—French bonds de- veloped unexpected strength in today's late dealings, in the bond market in re- sponse to a speech at the New bond | club by Charles E. Mitchell, president of the National City bank, who expres- sed the opinion that French and Belgian bonds stood today “at a ridiculously low credit rating.” Mr. Mitchell based | his belief on personal observations he | made abroad last month. % | Marseilles 6's jumped 2 points above last night's close and gains of 1 to 1-2 were recorded by French 7 1-2's and 8's, : Bordeaux 66's, Paris-Lyons-Mediterran- lean §'s, Seine T's and Prague 7 1-2's Bordeaux 6's were selling a point' below last night's levels at one time. Chinese 5's dropped a point in reflection of the lower silver exchanges and Copenhagen 5 1-2's and Mexican 4's also were heavy. There were a few strong spots in the domestic list, but the main tendency there was again downward. United States government securities moved within nar- row Ifhits three of the active {ssues showing gains of 2 to 12 cents on $100, two registering losses of six and eight cents and the others being unchanged. Speculative railroad mortgages were again thrown on the market in rather large volume, reflecting speculative doubdt . over the road's earning capacity. Losses | of 1 to 1 1-2 points took place in Erie prior lien 4's, General 4's and convertible | #'s, series D, St. Paul yefunding 4's and | convertible §'s, New Haven 6's, Chica- go and Alton 3 1-2's, Seaboard Air Line refunding 5's, Consolidated 6's and 's and Denver and Rio Grande 9 e g 5= | Chicago Great Western #'s enjoved a sensational jump of 4 1-4 points. St. Louis-Southwestern consolidated 4's proved an attractive short term ‘issue, ;| | rising more than a point, the recent re- | sumption of dividends by that road in- creasing the demand for that issue and the first 4's, which also improved more ! than a point. St. Louis Iron, Mountain | 4's also did better, as did the local pub- lic utilities, { Chiet interest in the industrial division centered in the strength of Brier Hill Steel 5 1-2's, Sinclair Pipe Line 5 1-2's| | { New York Steam 6's and Punta Alegre | s, all of which were up 1 to 1 1-2] points. | Total sales par value) were $12,244,- 000. ! S. W. Straus and company today an- nounced the purchase of an issue of $3,- 000,000 first mortgage serial coupon bonds, maturing from 2 to 17 years, of | | the Ice Service Inc, of New York, one of the largest ice manufacturing and distri- bution organizations in the city. Paris despatches today stated that France's latest bond issue of six per! cent. treasury notes, just closed, yielded | 8 190,000,000 francs. CHICAGO GRAIN MARKET Chicago, Nov. 24.—Wheat moved up- ward in price today largely by way of response to the course of values at ‘Winnipeg and Liverpool. The close was unsettled, 3-4c to 1 1-8¢ . net higher, with May 1.71 1-4 to 117 3-8 and July 1.08 1-8. Corn finished unchang- jed to 1-4c up, oats with 3-8 to 5-8¢ gain and provisions varying from the ;ame as yesterday's close to a rise of 0c. It was an accepted exvlanation here that advance in the Winnipeg market were due to attempts on the part of jcash interests to get wheat to fill No- “‘ember contracs. Upturns at Liverpool | ! were interpreted as the result of similar | conditions there, and were given special | notice because of taking place despite de- | lantic. Talk of liberal European buying | at the seaboard tended also to favor the !bull side of the market. Besides 235,- 000 bushels of Number 2 hard was taken here for export. ‘Word that a profected loan to Ger- with defeat failed to check the ascent of the wheat market, belng offset by persistent gossip about other plans for financing ‘European purchase of United States surplus food products. In addition, primary receints neapolis stocks decreased 70,600 bushels for the week, the first reduc}ion in months. Scantiness of rural offerings of corn together with reports that western ship- pers and feeders were out-bidding Chi- jfor corn and oats. 94 | clines yesterday on this side of the At- | oo, M2V have been brought down TAFTVILLE ‘With reports on memberships in the Taftville Chapter, American Red Cross far from complete, as the house to house canvass is still in progress, it appears that the campaign will be mest successful. and the number enrolled will equal last year's total, thus enabling the local chapter to carry out ts pro- gram for the com.ng vear, including the support of ths chapter bed at ‘he William W. Backus hospital, the use of which is free to all residents of the Taftviile district. Up to Friday, the total one dollar memberships recaived was 1,536. The campaign is being car- riel on by a ~urhs of canvassers, and the present result represents their ear- nest endeavors, as well as the support of the residents of the village. Word was recelved in the village Fri- day of the death of Agnes Bellegren, widow of Oliver Trudeau in Pawgicket, R. I. Mrs. Trudeau entered a drug store at 612 Pawtucket avenue, where she colapsed and died before medical aid could be summoned. Medical Ex- aminer French was called, and he de- ciared death due to natural causes, and as her identity was not known at that time, he gave the body In care of an un- dertaker. When a description of her! clothing had been sent out, the body was _speedily identified as that of Mrs. Trudeau. Mrs. Trudeau was cnz of the long-time residents of Taftville, resid- ing at 8 North B street for many rs, when Mr, Trudeau was employed as second hand in the ring-spinning de- partment of the Ponemah M ome time after his death she rem> [ Pawtucket to make her home sister. he was a member of St. Anne's Society of the Sacred Heart church. and ng the war, she was very ac- tive in Red C he s sur- vived by one son. Trudeau. A daughter, Miss Ora Trudea uring the influenza epidem Noticeable in the village during the past month is the arrival of numerous French Canadian families from. Canada.| Years ago, when the Canadian poputas on far outnumbered any other na- tionality in the téwn, it was no uncom- mon incident tq have twenty or more large families from over the border, ar- rive, find work in the local mills, and’ furnish the town with a fine type of cit-! izens. But during the war. the ‘immi gration began to slacken probably due to” boom times in Canada at that time. and since that period. new Cana n families have been comparatively scarce. Tmmizrants from the land of the Maple Leaf usually hail from the country about ‘Montreal, in the Prov- ince of Quebec. In the pre-war days, so largze was the Canadian population that French was the princiral tongue of the district, and signs and handbills were printed in that language. It was hard to get a job in any grocery store, unless a clerk could talk French. To- day the situation is chanzed. While the the dom'nating mna- < of Central Euroveans| cen up their residence in the' have become Americanized, and a_fair provortion of twe ponula- Perhaps this advance guard of families from our northern neighhof. will swng the indicator in the other direction and a=ain put the Canadians] in the ascendancy. l d With the close of the hunting =ecaan on some varieties of game fhe ™% ers who this year participated in, this sport are comparing records for the season. While some fairly good bags are recorded, it is generally conceded that the game was mnot plentiful enough to. go round, Game birds were- sighted in goodly numbers on' some days. and Were very scarce on others, which leads one to believe that they were: mostly “flight” birds, or game which® moves about from place to place. Grouse, as usual has been the kine of the 1992 season., Quail has been fairly plenti ful. but the flocks have been very small | although the birds have been large. Woodcock is passing off. the stage en- tirely., Two or three yeafs ago, it was noted that this speedy bird was on the verge of extinction, and while this year in: this Tlocality. mo ‘one has claimed that honor when the gunher's circle meets. Gray squirrels are also less in number this vear. Many claim th's is because | the wholesale cutting of trees for fuell and lumber drives them further into the country, and one hunter predicted that in five years the only specimens of this animal in the town will be in Mohezan park. unless they are protect- ed by law. Rabbit hunting W'l go on for a period. Cottontals are “>ported as numerous as ever. and hunters who possess good dogs. are lookine forward to the frosty,, moonlizht nights when they can run their favorite cover. game to . In the November 21st issme of Fibre & Fabric, a cotton manufacturing jour- nal published in Boston, Mass, is an ar- ticle on the organization of the East- Higher quotations on hogs gave a lft to provisions. COTTON New York, Nov. 24—Spot eotton steady middling 25.70. MONEY New: York, Nov. 24—Call money firmer; high 5; low 4 3-4; ruling rate 4 3-4; closing bid 5; offered at 5 1-2; last loan 5; call loans against accept- “ances 4 1-4, 'AL MAREKET New York, Nov. 24—Copper quiet, electrolytic spot and futures 13 7-83 @ 14; tin quiet, spot and nearby 36.12; fu- tures 86.25; iron steady, prices unchang- ed; lead steady, spot 7.10 @ 7.25; zinc nominal, East St. Louis spot and near- by d.egvesrgfi&ss @ 17.00; antimbny, spot ! PROVISIONS MARKET New York, Nov. 34.—Butter firm, re- ceipts 6,060; creamery, higher than ex- tras, 53 1-4 @ 54; creamery, extras, (92 score) 53; firsts (88 to 91 score) 42 @ 52; state dairy, finest, 51 @ 52; packing | stock, current make, No. 2, 33 1-2 @ 34. Eges firm, receipts, receipts * 9,993, fresh gathered, extra firsts, 63 '@ 6 firsts 55 @ 62; New Jersey, hennery whites, ‘locally candled extras, 82; do, firsts, 28 1-2 @ 30 1-2. Cheese firm, receipts 1,861. Potatoes steady, Long Island in bulk, per 180 Ibs, Green Mountain 2.75 3.00; up-state, round white 2.25°@ 2.50. Cabbages steady. Per ton, in bulk, white Danish 12.00 @ '22.00; red Danish 20.35.00. ' “Silex” » Bubstitute for Glass A transparent substance which, while force or heat has been discovered by Dr. < Vaclay Horak, Czech - engineer. He calls it “Silex.” It costs about So it is not proposed to use it for the ‘Tanufacture of such articles as have hitherto been made of glass, but rather to employ it as a substitute for earthen- For the kitchen its use is obvious. It is cheaper than enamel or aluminum, is, , morve “easily cleaned and by its trans- . parency. enables the cook to see how the cooking is proceeding without the 1ids, etc. & At a recent demonstration at Prazue the inventor drove mails into wopd with tumblers. droppéd on the floor from a height of a couple of yards failed to break. ‘A<“Silex” vessel was placed on ern Connecticut Mill Men’s Association at Danielson recently, One paragraph| reads, “No less than fifteen came down with little Georgie Kean from Taftville. | Of course, he used more than ome car t6 transport them.” Included among| those present from the Ponemah Mills are A, E. Pingree, superintendent; Ed- mund Hindle, assistant superintendent; Joseph Wood, overseer of mule-spin- ning; Alfred Linderson, overseer of ring spinning; George 'P. Kean, over- seer of carding; William Bailey, over- seer of carding; John Bauer, oversesr of weaving; Thomas ' Greenwood. over-! seer of weaving; Herbert P, Hoyle, overseer of cloth room; Charles Web- ster, overseer of silk room; John' D. Sharples, master mechanic; Carl Hed- ler, overseer of slashing and dressing Arthur E. Atkins, overseer of paint de- partment; E. Yerrington, overseer of outside work; George N. Beauraow, office manager. From the ~ Totokett Manufacturing Company, were Alfred R. Boutillier, E. Laflesh, Thomas M. Robinson, B, Lafreinel and William. G. Frohmader. B “L'ensorceleuse,” a play in the French language, will be staged in the near fu- ture for the benefit of Fire Company No. 2, of Merchants avenue, Troop 3, Boy Scouts, met Friday eve- ning in the recreation rooms of the Taftville. Congregational church, under the direction “of Scoutmaster Victor H. Davis, i A 'homing pigeon that was captured ‘on Thursday in an artic in a ‘local house, and which had a band on its jez. Wwith the letters J. B. M., Boston, was found dead in its cage Friday morning: ‘The bird appeared to be exhausted| and was badly in need of food. There| is mo way to tell how long it had been' In the attic, where it had probably ‘one‘ S. Andersen of South for shelter. John L. B street has left town-to make his hmei Mr. Anderson was known as one of the old settlers of ‘the village and his many. friends regret o learn that he ‘is to this ‘country from Sweden, when a young man, and-with the exception of time spent in Alaska, prospecting for gold, he has made. his home here. mrrs, decided (to make his home daughter. | Ponemah Counell, No. 34, K. of 0. held -an enthusiastic meeting at their with his lifting | rooms on. Providence street Thursday|ing in their evening, to dppoint committees Wi Miss_Genevieve charge of & carnival which they p¥m|@treet, who was, taken"to Backus hospf- ct in:January and . February. tal, Thursday, suffering from append to _condu ommittee selected “are Herman Fontaine, chairman; “Wilfréd - Gaucher, treasurer; James Hanlon, David William T == = e The Manhattan’s RECEIVER'S SALE STILL IN PROGRESS Values Get Bigger As Stocks Get Smaller Remaining Stock of Coats, Suits, Dresses and Furs Reduced Again To Effect a Speedy and Absolute Clearance DRESSES About 150 Dresses grouped in three lots for Final Clearance — Smartest Styled Frocks for Wemen and Misses, in silks and cloths, DRESSES DRESSES DRESSES $10 $15 $20 'Were to $29.59 Were to $45.00 Were to $59.50 Furs and Fur Coats 1-3 Of COATS Our entire remaining stock reduced for Final Clearance — Fur Trimmed and Tailored Models, made of the finest materials, on sale now at half-price and less. COATS COATS ' $9.75 | $29.75 Were to $27.50 Were to $55.00 COATS I~ _m I =T I 0] m lfl COATS | $19.75 | $49.75 Were to $39.50 Were to $95.00 THESE PRICES ARE AWAY BELO’WWHOLF.SALE COST " BUY NOW WHILE THE OPPORTUNITY IS AT HAND °* AATHEWSON, Receiver THE S. KRONIG. & SON/CO. / m ] | fll, | U [ m m. | | m [ « days in the village with|Spaniéhi Waf Veterans, have been' noti-|this week for denatured alcohol for use iy et today (Saturday) to-his(fled to:atténd an inspection by Comrade|in radlators, the cold $nap impressinz home in Central Falls, R. 1. ¢ Shovhin at Buckingham Memorial, jon. the minds of motorsts that th¥ Dayid Sussler of North A B L of New Haven.'needed attention. Small bodies of wa- DD lg 5 s 3 88, caller in the vil . i been '@ recent visitor in New.York.| ¥8s a Dusiness T e village enjtér were frozen over this week, and %e Weavers union met ¥riday even-| Friday. workmen in the streets emgoun- in Parish - hall, Owners -of Victory bonds who havejtéred several inches of shopas b of South B deposited them with Norwich banks for{ Miss Rose, Chenette of South A street Straul . Bas resigned her posi with the Po- nemah company. \ Joseph Pepin has been ill at his home on South C. citls, “:’"“"‘“ = gperation Frida| " Miss Blanché Plopa has resigned her mornin, een “posted in 'the Jo-| Position with the Ponemah Company.