Norwich Bulletin Newspaper, December 15, 1922, Page 11

NORWICH BULLETIN, FRIDAY DECEMBER 15 1922 e | RUN DOWN PEOPLE NEED RICH BLOOD Int M Mar pr . e % OU never heard a doctor say, 11 for the 30 day period. Comaereial pa- per trading was quist with no change in rates. French exchange was quite aetive with most of the business being done around 7.18 or 8 points above yester- day's price. Other rates were irregu- lar. Germas exchange improved slightly despite the unprecedented weekly increase of 92,000,000,000 marks 1y 48% FNANCIAL AMD COMMERCIA D Lehigh Valley Mex Petrol .. issour! K & ;r w To Holders of United States Victory 434 Per Cent. Notes MARKET WAS UNSETTLED. ption of Britain’s domestic financial af- New York, Dec. 14.—Professional op-|’ 4 erators for the decline, acting on thej MoK&Tw Mo K & T pr Missouri Pac Steel shares were bid up in fashion during the last hoyr, buying Int Paper .. rapid “Heisallrun Jown, but his blood Kennecott .. is pure and ri bellef that the recent advance had bBeen ) peing {nfuenced overdohe, attempted to unsettle prices in s stock macket, but were only Soccessful. They sucoeeded in , a tew speculative faverites n dnd Studebaker, but frésh 'buying power in other quarters ! made closing prices highly irregular with the gains outnumbering the losses. Sterling exchange, which has = Geén ome of the features of recent markets becamee of its remarkable F¥e, held steady today around $4.63 5-8. of finawelal experty is divided whether - Britith government manipula- tioh was responsible for the recent Jump, but thers is a gengll belief that the Tath 1o heided back to par &5 a re- sult of the constant improvemeént in the British- trade balance and. the stabilisa- Loang For You Thie® is !\nl '.o M!. the children m te re hfi?fidv&th sifts. Mt these bligations’ the Bene- fl:hl. ‘Way—Consolidate, your fl:t.l m them off in six to Confidential Loans up to OALL, WRITE, OB PHONE 1ead by the emcouraging prospects for business during the first quartér of 1923 contained in the -week- ly trade reviews, Crucible was pushed up 4 points to 72, the rapid rise of this issue being accompanied by reports of renewed activity of the old pool in that stock. United States Steel common- touched 106 and ther slipped back Yor b net gain of 1 1-2 on the Bethlehem B closed 1 ports of Inceeassd prodwstion by tarm Impléfaeit manufacturers caused a Hur. ry of buying in International Harves. ter, which jumped 4 points to 91 1-3, but caméelled half of this gain béfare the cloge. by Mixed changes tock place in the rail-| road group, which-was featured by ths broadéning demand for Reading and|,, Chesapeaké and Ohi6, Publication of |}, the eight months’ income statement of | ,, the latter, after payment of .the dividend on the new preferred stock, equal to 8.80 per cent en the ¢ommon, or at the rate of 13 pér cent annually, stimulated buying of that stock, which closed at a net gain of 2 3-8 points. Readng regis tered a #et gain of 1 3-8 and Jersey Central, which indulged in wide fluctua- tions, WI-I up 3. down as low as 92 34, but rallied to 98 at the close, recent selling being based on ths failure of the directors to ifncrease thé regular dividend rate. ern Pacific dropped 1 3-8. A bear raid against Piggly-weely éaused a stump of 10 points, half of Which Was recovered later. National Lead, whxh had been bid up in specu- lative anticipation of a stock dividend, dropped as low as 121 §:8, or 8 3-8 be- low yestérday’'s high, when the direetors adjourned today without taking . any |C! Mock dividend aston. It rallied to llj 3-4 at the close, where it was off 2 ok the day. Marife preferred res- Mahfimfll 1-2 points on re- Ports that the sdip, bubsldy bill would be, sidé<racked in congréss in favor of the Patn eredits tHeasure. General As. (o it recovered § §18 and the preferred p, #-4_trom yesteday's heaviness. Bald- | win closed 7-8 lowér and Studebaker | Eal Call money Neld st 4 per cent!Gen Geén in note circulation. B8TOCKS. The following is a summary of the transactions on the New York Stock Ex- change up to 3 P. M.: mbflw Close Allied Chem Allis Chelm 3-8 higher. Am Ag Chem Can . Can’ .pr Am Car & Fdy Cotton Oil . Cotton Oil pr .. 37 Hide & L .... 10% Tel & Tel .... 125 m Tobacco m Woolen naconda Cop which showed a net profitisien T & § F Balt & Ohio Balt & Ohio pr ... Beth Steel .. Beth Steel (B) Beth St pr 8 Brook Rap Tt Brook R T eotf Butte Cop K Z New York Central got:Bute & Sup . Canadian Pac Cent Leather . Cent Leather pr Chandlér Motor Ches & Ohio Chi Gt West .. Chi Gt West pr Chi M & St P ... Chi M & 8t P pr . Chi & N'west . Chi RI &P Chile Copper 'hino Copper Cosden Crucible Steel Crucible_ pr . isher Body . isher Bdy (0) L bm Electric : en El special . Gen session. Time money :Gen Was slightly easier, a few 60 and 90!Gen Mot Deb 7:p ¢ 98% day maturities being arranged at ¢« 7-§ Hupp Motor . P8 rcent with § per cemt the ruling rate Inspiration Cop for the longer mmaturities, and 4 i 3-4 Int Harvester 78% 433 30% i1 38 3% “‘*l 187% 181 37 10% 124% 156 97 48% | 1013% 41% 59 83 31% 144 ;| Strength of Brazilian bonds was the 89% Missouri Pac pr . Nat En & St . N Y Air B .. N Y Central Pierce Oil Ray Con Reading Rap I & Steel p I & Stesl pr . Soum Railway 3 South Ry T .. South Pacific | Tob Prod .. Tob Prod A Union Pac . |G S Rubber 1U S Rubber pr ... U S Steel U S Steel pr West Un Tel West’house A West’house -~ El Willys O'land BOXD MARKEY. New York, Dec. 14—Heavy trading !in” United States government securiies | most of which registered Tlosses; fe: tured today's irregular .bond dealings; which weré nearly double thoss of any i prévious day this week. Libérty 3 1-2's improved 8 cents ori $100 and the third 4 1-4's, 4, but _the second 4 l.4’s drop- ped 24 cents and the néw 4 1-4's, 16, with the other activé issués showing idsses of .2 to 10 cents. | outstanding development in the foreign |llst (the 7 1-2" improving 1 1-% Z&n® 8, 2 points. Chinesé 8's a 1 3-8, Other changes were 1 fractional. ,Overnight announcement of the_ plan ot the St. Lou's and sSan . Fradelsco railroad to take over the International and Crest Nerthern rvesnlted in heavily expanded dealings in_ the adjustment | |sixes of the latter foad, which " ad- "vanced ‘3 points .and then reacted 1.| i Under the pian the purchasing com-| . pany agrees to guatantee to holders of the adjustments annual payments of at least 3 pér cént up to January 1, 1928 when the 6 per cent rate beconies ‘cumulative, the bondholders to give an option on their holdings at 90 unti 1928. Frisco prior lien 4's and adjust- ‘flmutbemnofghflbfingzmdgoodcheer Foster it -uflmm-ndmgkeywmhomebfightermd bappier. Mehten you home with new Furniture—not for mst one day, but for the whole year — 365 days. Furniture mkeoamefuigxfi——cdmzflem,too—ecomnl,tfboughtnSH&&Blfl!KES—-forboththemermd * the one receiving. Brmg Christmas Cheer to the Living Room Ammte,whaha-oflu&e hpstry velour, or you will reap the pleasure of your choice. We have a ln.stoikhmnflpwm—fmmfl)up. - SHOOWLIES ;... $1.50 UP HAND CARS ......... WAGONS-r...s....... $3.50 UP VELQCIPEDES ....... For Dad or Him Af Easy Chair, te 1ay off in after a day of toil. Prac- tical, useful gift. Smoking _Stands of 8mokers’ Stands and Trays = 3l styled_and ¢izto—at a price ts IMu—' 31.75up - FOR THE. A Brighten Up the Dining Room ~ .. For Christmas wflbethecenterofthe&ylichviuu. A walhut or mahogany will make the dinner taste. even better. A new table or sét of leather seat thairs will help too. We have a fine selection to choose This ‘new-set KlDDlFS IGDDIEKARS weiese. . $1.78 UP AUTOMOB!LB ici.v 2 §8.00 UP 813 §iU s Lib FOR MOTHER ' i1 1-4 while St. Paul 4's U s Lib The best thmg—t.he biggest thing— that Gude’s Pepto-Mangan does is to purify and enrich your blood. Then those weary, run down, out feclings will disappear, and the old vim and “pep” come back agdin. Get Gude’s Pepto-Mangan today. At your dmgzlsu—hqmd or tablets, as you prefer. Gude's epto-Mangan Tonic-and Blood Enricher ment -6's alo were active and Nigher, the latter climbing 1 3-8, We will collect and credit Elsewhere in the railroad list the changes were mixed. Carolina, CLfch-| field and Ohio 5's improved 2 points and " St. Paul refunding 4 1-2's. Chicago and Northwestern 3 1-2's, “Katy” adjust- | ment 5's, St. Paul debenture 4's and St Louis-Southwestern 4's advanced 1 to of 192 general 4. 1-2'%s, Louislana and North- western 5's, Kansas City Term!nal 4's, New York Central 4's of 1934 and Nor- folk and Western convertible 6's regl- tered losses of 1 to 1 1-4. Cerro De Pasco 8's were the featurs of ‘the. industrial list, opening a point lower ‘and then rallying 2 points to a new high record for the year. United States :Steel sinking fund 5's got up to withn a point of the year's high and Republic Steel 5's were pushed up 1 1-2 points. Bethiehem Steel refunding 5's idroriped 1 3-8 but recovered their loss in response to the rally in stock prices. Atlantic Fru't 7's. Cuba Cane 8's and Bush Terminai. Building 5's were ac- tivé an the upward side while Reming- ton Arms 6's and Brooklyn Rapid Tran- sit stamped i's were reectionary, Total siles (par value) were $24,- 083,000. Announcement was made $13.000,000 ‘offering of 4 bonds of the Philippine government, which wefe put out today at 98, had been - oversubscrived and the books closed. The fr~ue of $12,000,000 of 7 per cent preferred stock of the M. A. Hanna company, market yesterday, scribed, that the also was oversub- Liberty Bonds. High 3%s ..100.38 1st 435 93.00 2d 4%s 98.50 3d 4%s 98.92 U S Lib 4th 43 98.74 Victory 4%s ...100.46 Do called ..100.02 100.00 100.00 Treas 4%s ... 99.84 99.98 99.98 Quoted in dollars and cents per $100 bond. Low. 100.26 98.80 98.26 98.80 98.62 100.42 Close 100.32 98.96 | 98.30 98.81 98.66 U Lib u Lib Forelgn Exchange. With the exception ui sterling, a) yu..alions arc 1a cenls per umit of for eign currency: Year Sterling— Azo. Demand . Cables Francs Guilders Marks .. Lird .. Pesetas 14.95 Swiss francs 19.38 Belgian franes ..., 6. 7.7 Yesterday. c..$4.64% 4.64% 7.19 40.05 4113 7.93 36.36 .53 4.55 the ! 1-2 per cent; which was put on the' 100.43 | Kronen | Sweden 1 Greece METAL MARKET. New York, Dec. 14.—Copper stcad electrolytic spot and features 14@1 4; tin firm, spot and nearby 37.50 137.75; futures 37.75; irom steady, pric unchanged; lead steady, spot 7.10T: 7.15; zinc quiet, East St. Louls spot and neaoy delivery, 7.15@7.25; antimony, | _spot, 6.37@6.62. MONEY. New, York, Dec. 14—Call money |steady: high 4; low 4; ruling rate §; closing bid 4; offered at 4 1-4; last loan 4; call loans against acceptances 334, COTTON. New York, Dec. 14.—Spot steady, middling 25.75. cotton CHICAGO GRAIN MARKET. Chicago, Dec. 14.—Renewed general ibuying carried wheat, corn and oats itoday to fresh top record prices for thal season. Sleet in Kansas and predic- tions of a cold wave had more or less to do with stimulating demand in the wheat market. Wheat closed unsettled at the same as yesterday’s finish to 7-kc higher, May 1.23 7-8 to 1.24 and July 114 5-8 to 1.14 3-4. Coni gained 1-2@ 5-8¢ to 2¢, and oats 3-8 to 7-8c. In pro- | visions, the outcome ranged from 2c de- |cline to 10c advance. It was only in the last hour of trad- ing that the upward swing of the iwheat market became pronounced. Be- {fore that time, prices here averaged lower, with profit-taking sales a fea- ture and the buying restrained in view of unresponsiveness apparent in Liv- erpool toward yesterday’s advance on this side of the Atiantic. On the decline here, however, offerings diminished, and commission house demand {bulls putting stress on talk of prospec jtive damage to the domestic winter $4.17% | CTOD. | . Keports that Minneapolis mills had disposed of 50,000 barrels of flour today and were buying wheat here on the set- backs in price had consideradle infin- ence as an ald to the bull side of tne wheat market at the last. Besides, tae Argentine harvest was reported as be- ing delayed, and no heavy movement Argentine 186.2 Brazil .. 11205 ‘ LYME i increased, ' Called for Payment December 15, 1922 All Victory 43 Notes, of Series A, B,C,D, Eand F are called for payment December 15, 1922, from which date they will cease to bear interest. We will accept any of these called Notes on deposit as cash or gladly collect them without charge. In any event early attention of holders is important. to proper account all of these Notes now held by us for SAFE KEEPING. The Norwich Savings Society f new wheat from Argentina looked Jor until the end of January. Shorts in the corn market were flu ried as a result of heavy buying on the elevator interest. Rela- of stocks of corn here attracted notice, and so, too, did falling off in primary recaipts as with 2 year ago. Oats followed comn. For the most part, the provision arket was casy owing to weaknass of iog values, Chicago Urain Market. Wheat— Dr. J. G. Ely is still confined to his Dr. Bradun of Essex is attending mm | Mrs Jared Danie’s, Sr., and daughter are visiing friends in New York | Sterlng City has the first skating party of the season last week Mrs. Clarence Lee was in Essex last Monday. Mr. and Mrs. James Croft spent Thanksgiving with relatives in Meriden. Miss Carrie Bill and Miss Marjorie were in Old Lyme last Sunday might Miss Ada Harding who is teach ng in Derby, returned home last Sunday on ac» count of iliness. WILSONVILLE Mrs Kate Haggerty and son attended the funeral of a relative in Webster last Saturday. Mr. Lebuque moved with his family to Providence last week. Mr. and Mrs. Herman Bamnes of Fabyan were guests of 1da Childs Sun- day. Austin E. Kingsbury Tuesday attended the funeral of his brother's wife, Mrs. Nettie Doane Kingsbury, in Spencer, + Mass. Mr. Bixby of Worcester visited his mother here Wednesday. Give somé men a fair start and they will take an unfair advantage. GREAT ARMY GOODS SALE AT THE NORWICH ARMY STORE| Be Economical and Spend Your Money for Useful Gifts, Such as Leather Coats, Shoes, Shirts, Rubbers, and Hun- | dreds of Other Pieces of Wearing Apparel for Lm Than Government Cost. OF HOOD'S RUBBERS At $1.35 ARMY MUNSON LAST ¢ SHOES Just the Shoe for Cold and At $4.50 B ey SRy Her Happy At $3.25 and $3.75 ARMY SLIP-OVER At 95c, 31.45! $1.95 ARMY REGULATION ARMY ALL-WOOL UNDERWEAR, AT.. 75¢ ALL-WOOL ARMY SOCKS, 3 PAIRS. . $1.00 NAVY. PEA JACKETS ARMY MACKINAWS BuTHimu BEAUTIFUL RAINCOAT And Make