Norwich Bulletin Newspaper, December 6, 1922, Page 8

~ FINANCIL N flUMMERNA' MARKET WAS DULL. jAm New York, Dec. 5.—Trading in today's|A@m Can pr relativaly dull stock market was largely |4m Can- .. o professional affair, closing quotations |4 g“' & Fdy showing {rregular changes with the loss-| 4% Fottor <‘>‘fl es out-numbering the gains. 4 ide Professional sentiment was inclined to|Am Hide & L pr bo' begrish at the start although there Am Tel & Tel . was good buying of Studebaker in expec- | A2 T Chacon tation of the 25 per cent. stock dividend \A‘n‘: and maintenance of the regular $10 rate, | which was announced later. In the' day. | Anaconda Cop Studebaker fuctuated within a range of |4teh T & § F nearly 3§ points, closing at 125 5-8, up x,ArcH T &S Fopr 3-8, {Balt & Ohio .. Heavy selling of Great Northern pn-ifiall & Ohio pr . ferrod -on unconfirmed rumors of a cut ' Beth Steel ... in the dividend rate spread weakness Beéth Steel (B) oyer the entive rail list. Great North- Beth Steel pr cu ern_ preferred dropped from 82 at the)Brook Rap: Tr opening to 78, 4 1-4 points below last ' Broock R T ctf night's close. Losses of 1 to 2 1-2 points | Butte Sup & Z also took place in New York Central, jButte & Sup Canadian. Pacific, St. Paul : preferred,; Canadisn Pac Chicago arnd Northwestern, Dawware;CFm Leather ehd Hudson, Illinois Central, Union Pa- |Cent Leather pr tific, Reading and Loulsville and \a_h-\Ches & Onio . ville, Ches & Ohio pr ... Industrials also wers inclined to eese | Chandler Motor bul they stiffened considerably on|Chi Gt West ... announcement of the Studebeker divi-{Chi AL & St P ..... 2 dends und the resumption of payments ChI M & StPopr . by the Kennecott Copper company, (Chi & N'west 8 athich declared o quarterly dividend cf [Chi R I & P . 76 cents a share. Kennecott closed at 34 7-8 up 1 1-4. . Steels were sluggish, U. E. Stesl com- |Cosden ... 7% | mon closed fractionally higher, as did | Crucible Stesl 62% | Republic and Replogle, but Bethighem | Crucible Steel B dropped 1.1-¢: Lackawanna and Van- |Del & Hudson adjum 1-2, and Midvale and Crucille | Domo Mices 3:8. Except for a gain of 1 1-2 Amerlcan Locomotive, equipments ed little chance, Baldwin crossing for a slight fractional ga'n. Sody The sharp break of nearly 5 points in ) ch m“’;c‘:"«w S Poople's Gas was attributed to the!3J°n 1S < touching off of 4 large volume of “stop}ich O oo - 1a6s’ _orders “around -90, the stock dip-7 37 ML DED pins to 86 2-4-and then rallying to‘Grzd Novin %n = | 89 1.2, where it represented a pet loss| - ; S 30 | of two points. Other conspicuous weak m=g R gpots were American Hide and Leather, | 1HIR0IS Cent - Brown - Shoe, Lorijlard Tobacco, Stand- | RePiation Co &= Milling and Woolworth, all off 3 to| (ot FATVERter | 4 pointa. Some of the strong spots WeTe | 1.+ Mer ‘Mar pr Cluett Peabody, Kelsey Wheel, Pitts- 17t BT surgh ‘Coal and Remington Typewriter |88 Faber 7 % irst gnd ‘'second preferred, all up 3 :o.’_é 2L ia ot B & 1-2 pofts. chigh Valley Ol shares had spells of strength and “"*‘WF”CD“"‘“ Al woakness, closing prices generally show- | 21 m‘K &T{gef Mg net losses. California Petroleum, A“S‘s = fan . Standard OU of California and Houston |3 K & ph Pt 5014 off 1 1-3 to 2 1-2 points but Stand- (I K & T full pd pr ard Ofl of New Jersey, Royal Dutch and |MO K& T wi..... Pan-American issues improved frac- MO K & Tpr wi.. tionally. Large stock dividends were | Missourl Pacific L announced after the close of the mar- | Lss Pac pr ket by Vacuum Oil and Standard Ol of | Kansas, both listed on the curb. Streéngth of sterling which climbed to $4.55, another new top, continudd to be the feature of the foreign exchange mar- ket. The impetus for the advance was glven by large buying orcers placed here, the higher rate being interpreted abroad” as partly due to our dissatisfac-| tion over the domestic outlook. Other European rates were irregular, French, Belglum and Swiss quotations falfing 4 to 10 points. Dutch guilders and Swed- ish kronor got inmto new high ground at 39.78 and. 26.01 cents, respectively. Call money opened at 5 per cent., and in advanced %o 5 1-2 before the close. Time money and commercial paper rates |g . Ry pr were unchanged with business quiet. | gea Cobr RS TEET {Tobacco Prod STOCKS. jTob Prod A { The following s 'a summary of the |U S Rubber transactions on the New York Stock Et_;L S Rubber pr . chgnge up to 3 P. M.: U'S Steel .. Hith. Low. Close ‘L S S_ee!"_px'- Allled Chemieal 72% 7114 | West Un Tel Allis Chal pr . g6 * | Westhouse A Bk | West'house E I ~ ! West house pr Willy 0'land willys O'land pr Worth Pump .. A§ Chem m Woolen pr 2«% 35% | 80% | 83% | show 1 117 | Fisher Body 80 ! Body (0) pr {Gen 179% | Y Air Brake . Y Air Brake A . Y Central TN-H&H orfollk & West North Pacific - Penn R R Pierce - Oil Pierce ‘Oil pr Ray Con Reading Reading” 2 ‘pr Rep I & Steel Repub I & St pr South Pacific South Railway 2 110% 5% 2 ‘1103 745 46% 101% | 131 110 100, 59% 73 | 5% 393 % 27% BOND MAREKET. New York, Dec. 5.—Uncertainty re- | garding the terms of the government's | Torthcoming financing, which is gener- ousiy expected to take the form of a E: term lssue, continues to have a restraining effect- on dealings -in bonds, oday's prices again showing marked irregularity with the prevailing trend ownward in the domestic list. Foreign issues showed more stability | with some fairly large gains 'being Tec- | rded Ly ordinarily inaCtiVe iSsues. Hol- | land-American Steamship 6's- moved up (wo points and Cuba Railroad 5'8, 1 2-4, while gains of a point weré record- d” by Netherlands 6's and Cuba gov- srnment ¢ 1-2s. Mexican 4's dropped a point. New Haven 4's of 1957 were the out- itanding feature of the railroad list, umping 4 1-2 points. “Nickel. Plate” .de- enturé 4's moved up two . points and lew Haven debenture 6's and Pennsyl- ania consolidated 4 1-2's, 1 each. An- ouncement of the approval ‘of "the in- terstate commerce commission -of the mm%ff’d. Free from oplates—ingredients plainly printed on the wrapper. FAIR-PRICE PROSPERITY ECAUSE the woolen and worsted fabrics made by the American Woolen Company stand: be- fore the world as the best that can be made for the price, the American Woolen Company is”able - to provide for the happiness and prosperity of more than 36,000 ‘'workers by keeping them emplayed under pleasant, healthful conditions at. fur wtgu. ,TI:e success of the company is necessary to the wel- fare of the workers. . Contented workers, living and working under pleasant conditions, make.the pro- duction of fine fabrics move more smoothly md efficiently. 4 It’s-a sort of endless chain of action and reaction — therefore, the American Woolen Company, has been 2 leader in improving the living and working condi- tions of the worker just as it has led the world ‘in the development of textile processes and the mak- ing of fine fabrics. iof the recivership was contemplate lin Warner, Surag |Lire . % | Pesetas | Belgian tra_nu iat Washington counted also to some ex- ibeen among the principal sallers of corn. ‘exmsidenb\e reststance to following the i | “Katy” reorganization plan was fol- lowed by a point drop in the adjustment | &’'s, which have been traded in on 2 “when issued” basis. The volume of trading in these also was perceptibly les- sened. Norfolk and Southern 5's hLI 2 points and losses of a point each took place in Baltimore and Ohio gold 4's, International and Great Northern ad- justment 5's, New Orleans, Texss a:ldl Mexico 5's, Chicago Great Western 4's, Erie consplidated 4's and Louisville 2nd Nashville 4's of 1931. In the pulilic “utility group, Brooklyn b Rapid Transit issues were offered fx::-l ly, dropping 1 1-2 to 2 1-2 points, on announcement that no immediate lifting bt METAL MARKEET. New York, Dec. 5.—Copper steady; electrolytic, spot and futures 13 fi : pot and nearby 38:20@ @%6.50; iron steady spot 7.10Q H . Louls sro; and nearby & mony, spot 6.50@ COTTON. proved In refiectlo: - ew Yb!‘l\, Dec. 5.—Cotton spot qu: of the Interborcugh Manhattan plan b ing declared operativo and the better | earnjhgs reports. Losses 2nd gains were about e divided among the active i i soms of the al Elec! cail 8's, S Republic and Donnar Steel 7's, all up 1 Distillers gecurities 5's broke points and losses of 1 to 1-4 tock p 7's, Cerro De ¢'s, Batplehem Steel refunding 5's a Americean Agricultural’ convertible i : ed to 25 by members! Total sales (par value) were $11,6! y. In the even- 000. i 2 addressed | There were a few new offerings today, the™ ‘other ! the largest being an $8308.000 lssue b m.bj(c( 4.'1-2 per cent. road, bridge and hos- pital bonds of Berger fered at prices to y L local syndicate also announced the pur- chase of an issue of $3,000,000 state of South Dakota 4 3-4 per cent. rural cred it bonds, which will- be offered short. 1Iy. JEWE TT CITY CITY county conference -of at the Baptist n the ngaiism, pre-| lding are the, must be per-| E. E. Scates and two Liberty Bonds. ninisters from Preston Clty. A High. Low. S Lib $%s ..100.23 -100.28 S Lib 1st 4% 98.56 98.50 S Lib 24 4% 98.00- 97.36 S Lib 3d 43%s 95.88 95.44 -.§ Lib st 43 95.40 93.30 %s..100.28 ° 100.24 do_called '...100.00 100.00 Tread: 43%s, ... 9208 . 99.70 Quoted in’ dollars and cents per $100 bond. children make house-to-house They may also be obtained at Lok the homes of Miss Burdick or Mrs..E. H. - Foreign. Exchange. With the exception oI sterling, al gub:ations ATe in cents per umt of for elgn curreacy: ter helps many, get tuberculosis: clinic money raised. by.the e helps pay. for e have'a district aid, as she'is | ziready 4 Voluntown es iis percentage’ for use in that: Year Sterling— Dermand Cables Francs Guilders Marks machinery to fight the diséase in' | Connecticut Swiss francs ieg five state san::umf Kromen in all the citles :u‘:d Swéden Denmark Norway . |Greece .. . Argentina Brazil K) bealt.h or-' all Connecticut cities and towns to act as local tubecculosis ! | | | | i . CHICAGO GRAIN MARKET. Chicago, Dec. 5.—Wheat underwent | something of a set-back in price today largely as 2 result of .increased selling due to stock market . weakness. The close in wheat was unsettled, 1-8c to! 7-8c net lower, with May $1.15 to §$1.15] 1-8- and July $1.07 to $107 1-8. Corn lost 8-8 to 1 1-4c, oats finished 1-ic off ' to 1-8¢ advance, and provisions down| five cents to 15 cents. Wheat showed indications of 2 down- ward tendency at.the outset, but this appeared to Le mersly by way of re- sponse to lowsr quotations at Liverpool, | and was scon more than offset by ne“s‘ of further rain interferring with the Az-| gentine harvest. Besides a leading crop | expert was’ out with a statement that domestic winter wheat acerage had de- | mOonths. This series of whists is a fea- creased 10 per cent, and had fallen in | ture Which has not been attemvted: in condition seven points below the av- | this section and isfnovel in that each erage. Talk of . farm relief legislation | Ni”ht first, second and consolation prizes will be awarded to both ladies and gontle- 1 men. and each night the score of every | ind'vidual yer will be recorded ‘and | prizes will be ziven to the lady and ge | tleman havine the highest ‘total score for | the three nights. The lady and gentleman jhaving the hizhest total score for the three nights will be declared the cham-i pion whist players of the town. The com- mittee in charge are now selecting the prizes. After each, whist the standing of the highest players will be posted promi- nently in one of the local stores. James Crary comes.to the fromt with one of the fattest of nigs which was batchered recently. It was bought: of Cap'en. Culver the first of May .and was 9 months old when killsd. It weighéd i 361 pounds, allowing five pounds -for | shrinkage. James McCluggage has been confined at his home by illngss for some time. - Seénd this advertisement.to The Pwh Cadden Co... Norwich, Conn., .with. yotr name and address and get. a --book: ol old_ fashioned songs frec—adv. -The Lucky Hits lost match with the: Lucky Strik on the local: bowling a.lleys night. The score: 1z of material ald (% sufferers a 1abo'~amry cesearch work ow light on the weaknesses of the tubercle germ with a view to ng ft. Few states have done as much prozressive work of this stientific kind ‘as Connect! cut. Christmas sale M. E. vestry,.Thurs: p. m. Clam chowder supper at 6. 40c. —adv. At the regular meeting of. Very Rev. Michael McCabe council, No. 2364, K. of Monday, 'ug"L it was voted to hold'a in the near future itles in the line of tent as a temporary bullish factor. ~ Simultaneous with bearish develop- ments in the stock market talk became current that receipts of corn here from Towa “promised to be much larger soon, and holders of December corn contracts started to upload. About the same time, reports. of.a. slowing up of flour demand were likewise in crculation. In cbservance of an aggressive buy- ing, wheat -prices -dropped quickly. To- ward the end of the day, however, pres- sure to sell diminished and the dwheat foarkét was rallying again at the last. Big ‘elevator interests were said to have Housés -with eastern’ connections were also active in letting go of the:Decemwber deljvery.’ . The' oats -market displayed leadership of corn and wheat. Pravisions. were - govertied by course -of hogs values. the Chicago Urain Market, Low. Close. Hey% | 117% 1145 1153 106% ° 1073 67% 68% - 68% 68% 68% . - 68% 4 i 423 2% 39% 393 Wheat— Friiad -4 94— 298 86— 213 The Beneficial Way Loans For You ‘Winter.- and. the “appr oachin; holidays bring flna.nch.l problems to those of us who have’no ‘bank ac- coynts or securities. There is fuel to buy, th, children need warm clothing, -family and friends should.be remembered with gifts, (94 1450 ANl those Interested in -forming mil! or town bowling lcague, comsé .to . bowling' alley at 7 ocloek tonight—adv. GALESFERXY Subscriptions for' the Red Cross an- nual roll call have been made by local peuple through Mrs. Walter M. Bucking- chairman to Iwrwlnh chapter . al to]lows Mr. and Mrs. Walter M. mm Miss Susan Mathewson, Mrs. Henry’ Huributt, Mrs. Lucy A. Hurlbutt, Mrs. Charles A. Satterlee, Miss -Alics: Satter- lee, Mrs. Deiphiné Fish,-D. R. Povéy, Mr.. and Mrs. Dudley C._Perkins, Miss| fxanm T. Latimer, Miss Jennis -G. Pér- S, Meet these obligaunns the Bene- ficial Way—Consolidate your debts gnd.pay. them off in six:to:fifteen installments. Confidenhdl.nmupto -+ -$300.00 GALL. WRITE, OR: PHONE 1-6-6-4 Beneficxal Loan -Society . 88 STATE STREET given by Miss Susan. memory “of her sister, thp late. Miss Aniella’ ‘Mathewson, throtigh - whoss. ef+ tomhun ya,r a Lun munhrlh!y 'I. At f.ha Sunw mmnmw in’ @. NEW MARSH BUILDING ~ N, expert monthly.{ree - ‘| worth Leagu he Bosion Aoie Reid (9} Santa Claus Distinctly Favors Bath Robes As Gifts We can assist Santa in his distribution of these most useful and pleasing gifts, as our large stock offers a variety of styles, of quality, and of price, so that every taste and 92 fore pocketbook can be accommodated. THESE PRICES ARE “RIGHT” Robes for Women and Children AT MANY PRICES WOMEN’S TAILORED ROBES Made of best Robe Flannel, $4.98 TO $12.50 quality “Beacon” double-faced. Bath There's a variety of siyde, too, both Tuxedo and Sailor collars being equally- popular. All have two pockets, and all are trm\med with silk. SPECIAL " WOMEN'S . FINE BATH ROBES A good, sturdy Flannel was used to make these pretty Rebes, and all of | them are—finished with a silk cord: A useful and inexpensive Christmas gift. ONLY $3.98 BATH ROBES For Children From 2 to 4 Distinctly childish designs for the very little ones. Absolutely necessary for the cold winter mornings— Dressing Sacques Made of warm, fleeoy Fiannels, of 5 good quality, and in a fine vari- ety of -patterns and colors. All have long sleeves— $1.25 and 31.98 DRESSING SACQUES OF ALL- WOOL FRENCH FLANNEL ONLY $6.95 His Face to Go to Jerusalem.” At the ‘ offerten ow the Day is Over, a duet, (Hany Rowe Shelly) was sung by Miss Grace A. Chapman ‘and Mrs. Elmer Keene, the latter from Ballouville. At the Sunday school session with Supt. C. E. Colver in charge, awards for regular attendance were given Eleanor Smith and Margaret Parker, each a sil- ver star for.1S months. A npominating committee was.appointed -to nominate the Sunday school. officers for the en- suing year to be voted on Thursday ev- ening at a. special meeting of the Sun- day school board. . This committee com- i ptises Mrs.. D. C." Perkins,. Mis. Fanny A. Molthrop and Mrs. C."E. Colver. At_the close of -the.school session Nel- m Parker, chairman of the Men's com- | town. mittee -to act- as- waiters ‘at-the Ladies’ Ald socicty supper, asked for volun- teers to ‘assist in the work. “The young péople named as commit- tées for the month of December: Plac: ing opening service books, Em-Beth Ben- -1mett, Dorothy - Biréh; epening exercise books, Tillie Kleuss; collectors of books at close of session, Herman Chass and Pau! Miller. The topic of the Sunday Ep- The Leuw ‘Who. ‘Knows. Mrs. Nélson Parker, leader. - Jesus Loves Me was m:uaflnetwm:!rvmgcnm —+|and Margaret Parker: )-vvn.w.«lm-a&mn-u- ter Dudley C. Perkins with troop com- “{mittee of tha‘local troop of Boy Scouts, Courtland _E. «Calver .and Richard A. Chase, -attended the scout leaders’ ban- ‘quet held Monday evening at the Mohi-!and Mrs. can haul, New London, and heard ,Franklin K. Mathiews of the Library An hmon.ry mmbeflh&p dues vpt, vening e service at 7 o'clock was ‘52.00md$2.50 Silk Lounging Robes Rich Quilted Satin Robes, lined with China Silk and warmly interlined with Lamb’s wool— ONLY $15.00 BLACK GROS DE LONDRES ROBES Lined with contrasting colors of Satin or China 8ilk, and inter- lined with Lamb’s wool— ONLY $25.00 Department, Boy- Scouts of *America, speak on that work. - Covers were lald for te om Thaaks- giving at dinner at the home of Mr. and Mre. Walter M. Buckingham in the vil- lage. The party inciuded Mrs. Buck- ingham's and- sister, Mr. snd Mre. J. Frank Clark and Miss Florine | Scofield, with Charles Phelps, all of Norwich, Mr.” and Mrs. Everett’ Nojes iage, with Mr. and- Mrs. Bjjl- ings, F.-S. Crandall of Stoddard's Whart. " Mrs. Edward H. Latimer .and chil- dren, Richard and Enid, with ‘Mr. and Mrs. Charles Hope of Unéasville, were Euests - Thanksgivifg day. at .the hopse of Mr. and Mrs. Fred Hope in Palmer- Miss Susan Mathewson was.the. guest of Mr. and Mrs. Herbert " H. .Crandal of New London for the mmngx-‘ holiday. g Miss Sarah T. Latimer mt-md‘“ Thanksgiving period in’ Paimertawn’an€ was a guest at dinner on ‘nmk.tv!nl of Mrs. - Alice Mltchan at, “her., there. . Mrs. Fanny A. Molthrop munud on Monday from 2 holiday visit relatives, Mr. an@ Mrs. C.-E. B their . home “at 'the mflu family of'Long Cove metored to Hen- | over and were- guests at. dinner. om Thanksgiving of Rev. Roderick w Guests umxzm&m Thanksgiving - were - Rev. — THE ROBES MIGHTY PRETTY hes © @i ristmad PR N LN cCher e A o “Bathrobes! IMPLE. But well made. Not too ex- pensive. We know just whatyouwant_ Sodrop “To-day. To-mor- row. Nextweek. When- ever you get around to it. We'll be glad to see you and serve yow The Robes Are Made of ~“Beacon” Robe Flannels" The colorings are reat and con- sorvitive. me_have two, some thres podm and they are fin- hqd vm n bindings and ny of them have Tfllbd satin collar. L,"MEDIUM and LARGE PnouuLowu$4.95 And Up to $12.50 -Extra Size Sweaters Net always casy to_finds but we have some for the Christmas masen. They are made of silk —and wool, .in Vnwy and white, and black and white, the sizes running from 44 to 56— ONLY $10.00 Woodward of Wapping, son of Rev. and Mrs. W.-H. Woodward, with Mrs. Wood- ward's brother, Amos P, Gray, of New London. , g Long Cove, entertained Mr. and Mrs Harold Brand and family of New Loo- don on Thanksgiving. * Mre. Mogett Lawson entertained Miss Mary FitzMaurice of . New, bonaon at her Home in the Long Cove district Sat urday. Rabert “Miller, & student &t & Doston Tadld,. school, “returned Monday, unzr spanding e Thanksgivisg réosss at the hémié-of” his uncle and aunt e, asd AP Mitler. * Mri. PT LiNorman entertained a large family” party " at her hvmp at Aliya's Polnt - for w 5 Mr. apd )bs. R. lrvbw Huributt and 2 ‘W.. Hurlbatt and wers members of a family par- “Nofné "of Mre Hurlbutt's nd'!l.n.' fl(:hn:f?, M. !ql-h«;