Norwich Bulletin Newspaper, December 16, 1922, Page 12

FIVANCIAL AFD COMNERCE, e MARKET WAS IRREGULAR New York, Dec. 15.—Stock prices fail- ed to make much headway in today’s ir- yegular market, losses out-numbering the gains at the close. A brisk rise in United ’'States Steel sommon, which sent it up to 108 1-8, the bhighest price in a month, was the individ- wal feature. The strength of this issue, which brought about a temporary sympa- thetic rise in the other steels, followed publication of ynconfirmed rumors that etra casxh or stock dividend payments were In prospect for the early part of next year. There was a belief in some quarters, however, that the rise in steel was a cover to hide the unloading of atocks, elsewhere steel reacted at the ciose to 106 7-8, up 1 on the day, and Bothlehem, Crucible, and Gulf States closed fractionally lower. Renewal of agitation for a loan to Germany, which would undoubtedly ben- efit the copper export trade through that country’s increascd purchasing power, combined with higher prices for the red metal and the substantial reduction in the surpius supply revealed in the latest statistics, stimulated buying of the copper shares, Amierican Smelting jump- ing nearly 2 points; Anaconda, 3-4, and Otah 1-2. Overnight announcement that the Van Sweringen interests had obtained an. op- tion on the controlling interest of theChes- »apeake and Ohio railroad was reflected in a met gain of 1 3-4 for that stock. Other rails were mixed but mostly lower, loss- es of a point or more being recorded by Delaware and Hudson, Central of New Jersey, Pore Marquette and Unior Pa- sific. Publication of a report showing that the sales and earnings of the Stewart ‘Warner company were running at the same rolume in the last quarter as in the sec ond and third brought a number of bu: ing orders into the motor accessory group. Stromberg Carburetor was push- ed up 4 1-4 points; Fisher Body touched another new top at 204 1-2 and then re- acted to 203, up to 2 on the diy; Bosch Magneto improved 1 1-4 and Gray and Davis and Stewart Warner advanced Iractionally Reynolds Spring, which was pushed up 8 1-2 points to 26 1-% yesterday on reports that it had received & large order from the Ford commpan: moved up to 32 today, but fell back lat- e to 25 3-4, or fractionally below last night's clese. Baldwin and Studebaker continued to yield to selling pressure, the former drop- ping 3-4 and the latter, 1 1-8. Cosden touched 51 3-4, a new high on the move- ment and a met gain of more than a point, but most of the other ofls were weak, General Asphale, Mexican Petrole- om and Standard Oll of California drop- ping 1 to 3 points. Announcement was made. after the market closed that the Pan American company had declared a stock atvidend of 20 per cent. on the A and B stock and that the quarterly divi- dend of Mexican Petroleum had been in- creased from $3 to $4. Strength of French francs, which ad- ranced 17 1-2 points to 7.35 1-2 cents was the feature of the foreign exchange mar- ket. Demand sterling was quoted around $4.64 and marked improvement was noted fd the Belgian and Italian rates. German warks were quoted around 1 1-2 cents a hundred as against 1 1-4 a few days ago; revival of agitation for a loan to Germany stimulating speculation in Ber- lin_currency. Call money opemed at 4 per cent., ad- vanced to 4 1-2 during the noon hour and thence to §, where it closed. Gov- ernment withdrawal of $67,000,000 from local banks caused the higher rate, which is generally regarded as temporary. Most of the time money business is don e at 4 3-4 per cent. for the 30-day periods and 5 for the longer maturities with the com- mercial paper market still a 4 3-4 per centaaffair, STOCKS. The following is a summary of the transactions on the New York Stock Ex- ¢hange up to 3 P. M.: Low. Close 8 9% 44 44y 30% 31 35% 3% 2% 133 112% 1843% 18% 3% 136 64% 125% 185% 94% 1093 49% . 101 Atch T & 8 F pr 92 92 Balt & Ohio . ay g E———— TROUBLED ‘WITH WEAK KIDNEYS “Have been troubled with weak kidneys stnce childhood,” writes Mrs. G. Hyde, “Now past 0 and have had terrible hackache and that tired out feeling, hardly able to do my work. By using Foley Kidney Pills accompanied with Foley. Cathartic Tablets I soon felt like & new person.” Backache, rheumatic pains, dizziness and blurred vielon are symptoms of kidney trouble. . Foley Kid- ney Pills give quick reMef. Lee & Os- good Co. KIMBALL'’S TEXTILE SHOP Allied Chem .. Allis Chalme Am em _Am Can Am Am Am FOREIGN NOVELTIES HANDKERCHIEFS and & HOUSEHOLD LINENS of Exguisite Quality Articles especially well adapted for. gifts — unlike those. found in any other shop, and the prices are re: “markably low. 342 Washington Street Near Backus Hospital LOOKS ° i gitiees Subseription to afl American and European Publications. SHEA’S NEWS BUREAU - UNION SQUARE .- Balt & Ohio pr Beth Steel. ... Beth Steel (B) Beth .Steel' cu pr .. 85% Brook Bdison . Brook Rap Tr . Brook R T etf . Butte Cop & Z' . Butte & Sup . Canadian Pacific Cent - Leather Cent Leather pr Chandler Motor Ches & Ohio . Chi Gt West ... Chi Chi Chi Chi Chi Chi Chino- Cop Fished Body Erie 2 pr .:.. Fisher Bdy - (0) pr. Gen Electric . Gen EI special . Gen Motor- ... Gen Mot Deb . Great North pr Great North™ Ore Hupp Motor Car . Illinois Central |Inspira_Cop . Int Harvester '!m Harv pr . Int Mer:Mar . Int Mer, Mar pr .. Int /Paper .. Int Paper pr sta Kennecott - .. Lehigh Valley Marlin Rock .. | Maxwell - Motor A Mexican Petrol ! Miami Copper Mo K& T wd . MoK & Tprwi . Missouri Pacific Nat Ena & St . N Y Air Brake .... Y Air Brake 4 .. N Y Central 9! NYNH&H Norfolk & West North _Pacific Penn R R Pierce Oil . Pierce: Oil pr Ray Con... .... Reading .. .. Reading 1 pr Reading 2 pr .. Repub [ & S . Repub I & St pr . South Railway ... South” RY Pr ..... South. Pacific . Tenn Copper Tobacco Prod ' . Tob Prod A .. Union ' Pacific Union Pac pr 993, 181% U S Steel pr . West Un Tel . Westhouse A B . West'house El i Willys - O'land Willys O'land pr . Worth Pump ... 33 BOND MARKEY New: York, Dec. 15.—Trading in bonds i was back to'a normal volume today with n0 definite trend apparent in the irregular movement of prices. Most of the United i States government securities weére un- ider pressure. despite the treasury an- onncement that the recent short term loans had been over-subscribed: Liberty 3 1-2's gained 16 cents on $100 jand the new 4 1-4's 6, but the old 4 1-4 series and the unéalled Vietorys register- ed losses of 8 to 16 centa. Railroad mortgages were mizxed. Pro- posed purchase of the Chesapeake and Ohio railroad by the Van Sweeringen in- terests stimulated buying of the convert- ible 5's of that road, which were pushed up more than a point. Wabash second 5’s got up.more than 2 points and gains of 1 to 1 1-4 were made by Narthern Pa- cific 5's, New York Central debenture 14's, Frisco income 6's,”and adjustment 6's and 'Carolina Clinchfield and, Ohlo 5's. Selling of St. Paul issues, said to be for income tax purposes, caused matérial re- cessions in the 4’s of 1925 and the de- benture 4's. Erie general 4's and St Louls-Southwesetern 5's @lso yielded to pressuré, Brazil 7 1-Z’s touched a new high and gains of 2.point or more were made by Chinese 5's, Anton Jurgen 6's and Serbian 8's but other changes in the group were unimportant. British bonds were more active. A two point gain in Chile Copper T's ‘was counter-balaneed by a similar loss in | Cerro De Pasoc 8's. Fisk Rubber $'s gain- {ed a point but Sharon Steel 8's, Bethle- hem Steel refunding 5's, Mariand Ol 8's, i with warrants, and Barmedall Ofl 8's, ,series A, were reactionary. Public utfli- ties were weak, Brooklyn Rapid Transit | 7's and certificate 7°s, Detroit Edison ' Pacific Power and Light ¢'s and Ameri- ican Telephone convertible 4 1-2’s drop- ping 1 to 2 points. Total eales, par value, were $18,536,000. { Terms for the mew $50,000,000 Cuban loan are reported to have been decided {Bast St Lo WATER Guaranteed ...... RAINCOATS RUBBERS AND BOOTS Special For Christmas To customers buying a com- plete outfit of Raincoat, Hat and Boots for Children, we R 7 7k GLOVES FOR THE CHILDREN AND GROWN-UPS FOR DRESS, WORK, AND PLAY are allowing a discount of {We have a wonderfully largel 10 Per Cent. Such an outfit costs from $7.65" Depending upon the size. BOTTLES . From $1.00 to $2.75 RUBBER TOYS AND BALLS FOR THE LITILE TOTS SEE OUR RUBBER FISH MAKES THE YOUNGSTER’S BATH AN AMUSEMENT upon and the bids probably will be open- ed about January 10. The largest offer- ing today was the $5,000,000 issue of 5 per cent. bonds of Dallas Joint Stock Land bank, which were offered at 102 1-4 to yield 4.70 per cent. to 1932 per cent. thereafter. Liberty Bonés. High- Low. 8%s ..100.52 100.46 Ist 4%s98.80 98.70 2d 4%s98.18 98.06 U S Lib 3d 4%s 98.86 98.60 U S Lib 4th 4%s93.56 98.36 Victory 4%s ..100.36 100.32 100.34 Treas 4%s .... 99.7¢ 99.68 99.74 Quoted in dollars and cents per $110 bond. Close 100.48 98.70 98.14 98.72 92.50 U'S Lib U’ S Lib U S Lib Fereign Exchange. With the exception ol sterling, al guoiations are in cents per umt of for sign curremcy: Year Sterling— Demand Cables Francs .. Guilders Yesterday. $4.63% Belgian francs Kronen .. Sweden Denmark Norway .. Argentina Brazil .. METAL MARKET New York, Dec. 15.—Copper ~firmer, ' electrolytic spot and nearby 14 1-8@ foreign 14 1-4; futures 14 1-4@14 3-8; tin firm, spot and nearby 37.50; futures 37.75@ 37.87; iron steady, prices unchangel; lead steady, spot, 7.10@7.15; zinc steady, is spot and nearby delivery 7.12@7.20; antimony, spot, 6.37@6.62. MONEY b New York, Dec. 15—Call money stronger; high 5; low ¢; ruling rate 4: closing bid 5; offered at 5 1-2; last loan 5; call loans against acceptances 3 3-4. COTTON ¥ New York, Dec. 15.—Spot cotton quiet, ! middling 25.50. g — _CHICAGO GEAIN MAREET price today owing more or less: to the bearish influence of German financial difficulties and ‘to word that wheat - was being shipped here - from Omaha for -delivery on December con- tracts. With realizing sales heavy, the close was unsettled, 7-8c to 13-8c net lower, with May 1.22 3-4 to 1.22 7-8 and July. 1.13 5-8 to 1.13 3-4. .Corn finished 3-8 @ 1-2c to T-1-2¢ down, oats off 3-8 to 5-8c, and provisions up 5c to 20c. :Downturns in the’ value of wheat be- gan at the opening, and although rallies took place at times the market showed its most promounced weakness near the! end of the day. The persistent advance | of late had led many traders to expect a reaction, and this tendency was empha- sized by apparent ‘indifference which the Liverpool market displayed regarding the course of prices here, inasmuch as Can- 2da apd were both said to! the TUnited States; Announcement that the sensde agricul- tural committes had favorably reported the bill to establish a $100,000,000 gov-| ernment corporation to finance the sale of farm products gave a temporary stim- ! ulus to the buying side of the wheat mar- - ket The effect, however, was more than ; outweighed later as a result largely of fiture of bulls at the last. Corn and oats were’ governed mainly | ;| by_the action of wheat. Firmness of hog values gave stren; to the provision market. Low. 123% 122% 113% 4% T3% 2% 5% 46% 4% 2% In the open ses, it is said the height of a wave measured in feet, is equal to ome-haif the. velocity . of the wind per bour. Wheat— May . July .. Corn— and 5 - EIGHT WOREMEN'S COMPENSATION AGREEMENTS ARE APPROVED Eight workmen’s compensation agree- ments as follows have been approved by Commissioner J. J. Donohue: Berkowitz Bros. Shirt Co., Inc. New London; employer, and Mary _ Fiore, New London, employe, ran needle into finger, at rate of $5.50. Connecticut Co., New Haven, em- ployer, and J. M. Robinson, Norwich, em- ploye, knee infected, at rate of $15 Eastern Connecticut Power Co., Nor- wich, employer, and Ralph Valentine, 25 Ore street; employe; torn knee car- tilage, at rate of $12.25. Falls Co., Norwich, employer, and Si- mon Jacobs, 217 Yantic street, employe, right side bruised, at rate of $10.50. General Navigation Co., New London, employer, and C! F. Lewis, Waterford, employe, hernia, at rate of $16.25; and Michael J, Ryan, New London, employe, left foot and leg bruised and cut, at rate of $13. J. B, Martin Co.,, Norwich, employer, HOLIDAY and attractive assortment. Leave Your Packages Here While You Shop BOY SCOUT KNAPSACKS 50c each FREE A TOY BALLOON Will be given free with every purchase, while they last. land Daniel Flynn, Norwich avenue, em- iploye, sprained left ankle, at rate of $12.20. U. S. Pinishing Co., Norwich, employ- er, and Alex Zaleski, 79 Fifth street, | bruised ‘toe and fractured toe, at rate of {51281 Wiljiam C. Young, Norwich, employer, and John J. Clifford, 361 Main street, bruise of right knee resulting in water on the knee, at rate of $15.77. Spoke at Poquetamuck Church. Deaconess Cora L. Roberts of Hart- ford was the speaker at the missionary meeting Tuesday evening at St. James' church, Poquetanuck. She gave an in- j teresting talk on the principles of mis- |sions. Rev. Thomas T. H. M. Ockford, the rector. was also a &peaker, During her stay in Poguetanuck Dea- coness Roberts was entertained at the rectory ot the church. Elephants live to be 120 to 150 years old. SLIPPERS IN GREAT VARIETY Hundreds of pairs displayed about the store—aii piamly ticketed for your easy selection—LEATHER SLIPFERS, FELT SLIPPERS, and durable and comfortable INDIAN MOCCASINS. For the little money they cost, Slippers make the best gift. See our window display for hints— then come in hte store and look around—You Are Wel- BROKEN LOTS AT SPECIAL PRICES For today and next week, we offer the following special lots as long as they last, at very much reduced prices :— Little Men’s Dull Leather Bluchers. 1.15 2.65 Misses’ Storm High Cut Shoes <:..:% Boys’ Oil Grain Double Sole Blucher .. 1.95 79¢ Men’s Felt Slippers Padded Soles ....: Womel’s Felt Moccasins Padded Soles ..... 590 Small lots MEN'S SHOES that were $5.00 to £9.00 a pair, 'mostly ' narrow toes, but extra good for every- day wear. Any 2 95 - pair in the lot for Boys’ High Cut Buckle Arctics ... 1.95 Women’s Brown One- Pumps oo 248 1.65 1.55 Growing Girls’ Shoes“......'...z'.lo BOYS’ AND GIRLS' RUBBER BOOTS AND WARM ARCTICS FOR CHRISTMAS At Various Prices, Accord- ing to Size and Quality. Little Men‘s Brown Elkskin Shoes Men’§ One- Buckle Arctics ... Broken Lines BARROWS 90 MAIN STREET - NORWICH, CONN. | FOOTBALLS ........... $1.25 to $7.50 Basket Ball Equipment, Golf Clubs A new imported line with rustless heads SKATES .......... From $1.25 to $4.00 Skating Combinations . . . $7.50 to $12.00 FLASHLIGHTS ALL TYPES OF THE FAMOUS EVEREADY LIGHTS $1.00 to $4.50 MONEY IN LETTERS 18 LIABLE TO BE STOLEN Postmaster John P. Murphy suggests that the sending of money in letters is very risky. and particuiarly so with a special delivery stamp on the letter, as in -nost cases they are pinched. The cost of the special stamp, 10 cents, will register dressee is guaranteed. He states that he has good reasons for makifig this su gestion, and particularly so at this sea- son, as that human machine for detect- ing money in letters seems to be in op- eration. SUSPENDS EXCHANGES ON WAR SAVINGS STAMPS Owing to the supoly of blanks furnish- ed the Norwich postoffice being exhausted there will be no war savings stamp busi- ness transacted uatil further notice, but those desiring to transfer the war stamps for treasury certificates can do o, as —_— LEGAL NOTICES TO THE NORWICH LODGE, NO. 430, Benevolent and Protective Urder of Eiks, Incorporated, The Snore Line wnleciric lway Company, Phoebe E. Lewis, ar- thue . Geer, The Tiustees of the Furst Spiritual Union Mary L. Peck. lsrael Rabinovitch and Andrew Wholey, all of tne Town of Corwich, Conn., and To_all persons whom it may concern: Notice is hereby given that at a meet- ing of the Court of Common Council of the City of Norwich held in the Council Chamber Monday evening. Dec. 4th, 1922, the foilowtng proposit.on and report was submitted by the Committee on Public Works, and the last reso.ution therein contained was adopted: To the Court of Common Council of the City of Norwich, Conn.: The, Committee on Public Works, to whom was referred the petition of the Norwich Lodge of Benevolent and Pro- tective Order of Elks requesting the es- tablishment of a grade for a walk on the westerly side of Park street, beg leave to Teport that. they have given the matter their attention passage of the following resolutions: Resolved, That the grade of the west- erly side of the walk on the westerly side of Park street be established as fol lows: Beginning at the corner of the wa!l at the intersection of the northerly line of Main street with the westerly line of Park street at an elevation of 34 2-10 feet above mean tide and 5 13-100 feet below the top of the granite wall at the northwest correr of Main and Parl streets and running northerly along the westerly line of Park street as follows: 4.4 feet rising 70 foot; 195.6 feet fldnt. 16 60 feet; 36 feet rising 3.65 foet; 14 feet rising 1.45 feet; 50 feet rising 5.75 feet; 50 feet rising 645 feet; 55.7 feet rising 8.4 feet. to a point in the southerly line of CIf street and the westerly line of Prek street 77 2-10 feet above mean tide and 2 8-100 feet below the top of the underpinning of the house No. {S Park street. Resolved. That consideration of the foregoing resolution relative to the etab- lishment of a grade for a walk on the westerly side of Park street be post- poned to a mecting of the Court .of Com- mon Council to be held at the Councll Chamber in said City on the 1st day of :January, 1923, at 8 o'clock in the even- ing, and that notice thereof be given in manner required by law to all persons !interested to appear, if they see cause, and be heard in relation thereto. Respectful’y submitted GILBYRT S. RAYMOND, J. E. FITZGERALD, Committes on Pub'ic Works._ l Norwich. Conn.. Dec. 4, 1922, You are thersfore herebv notified to appear at the time and plase ammninted |in weid I»st resolntion and be hrerd in relation to the mrtter contsined n said resol-t'nns and report. Norwich, Corr Tean. 15th 1ees WESTON ¢ PUTI™Y City._Clark and (lark of tha Coa-t of Co~men Council of the C'*v ~* Vor. wich. dec!6STu NOTICE TO CREDITARS AT A (OLUT OF e at Norwich, within and for the District of Norwich, on the 12th day of December, A. D. 1922, t the the creditors of said deceased .to bring in their claims aganst sl caiale w.oun sx months frum this date, by posting a natice to that effect. tozrther with a copy ol this order, un the posL nearst the place where said deceased last dwelt, and in the same Town. and b nublishing the same once in er:ditors of sall de. notitied 10 present thelr claims agair ‘e ewtnt v hin. the time fimited 1o the n;n o r foregoing order. ./ the letter and its delivery to the ad-| SWEATERS For Cold Weather Comfort. that transaction does not require the blank forms. The local office has had two supplies furn.shed by the department and has borrowed from other offices. Postmaster Murphy tried borrowing jes- terday from several ofices but they stat- ol they were oblig bulietin issucd by the départment stated a few days ago that it was impossible for the printing office to fill the orders for blanks promptly owing to the large number required. The postmaster ex- pects his order to be filled in a few days. Canada recently has taken about one- half of the iron and steel exported from this country. and cecommended the , LEGAL NOTICES | HYGIENIC FIBRE COMPANY VS, Versaliies oanitary Fibre Miils, Inc Superior Court, New London Coundy. | In re application to The rionocable {Christopher L. Avery, a Judge of the i Superior Court. i . Order Appolutmg a Temporary Recelver., 19" he application of the Plaintiff in the above entitled action, brought to the Su- perior Court for New London County on the first Tuesday of January. 1923, hav- ing been presented to the undersigned. when the P.aintiff appeared by Charles B. Wailer, its attorney, and the Defend- Beicher, its attorney, it is found that the allegations of said appli- cation are true, and that a Temporary Receiver ought to be appointed forthwith Tithout notice to said defendant corpora- jon. Now_Therefore. it is_ordered: 1. That P. Leroy ood of New London. Conn., be, and be hereby is, ap- pointed Temporary Receiver of the Ver- sallles Sanitary Fibre Mills, Inc. 2. That sa‘'d appointment shall not take effect until said P. Leroy Harwood shall have filed with the undersigned a bond in proper form, with good and suf- ficient surety in the sum of Twenty-fiv thousand dollars, conditioned on the faithful performance of his duties under said_appointment, and in the event that Do shal st sny iime of times hereafter Leroy Harwood imme- aking effect of his said appointment shall proceed to take pos- session of all the books paj of debt and property of said corporation, to collect all moneys owing to it, and to k take all lawful steps within his power to secure and preserve its assets. 4. That said receiver continue to earry on, in sach manner as he may deem Judicious, the business now conducted by said corporation. until otherwise ordered, but no longer than until Jan. 27th 1923, and to that end he is authorized to make such contracts purchases and disburse- ments as may be necessary; to continue, modi‘y or abrogats 5 10 him shal! seem advisable any and all e: manufae- turing, agreemen's, defendant corporation and other cor- norations pers n or persons: and to con- tinue and carry out if be shall deem 4t advicable any’ existing esntract ‘or the purchas- of materials needed to continue the busin-ss. 5. That a hearing upon the confirma- tion of said appointment and for the sp- nointment of two appraisers be had %.; fore the Suderior Court at Norwich on ,J3n. 27. 1923 at 16 o'clock in the fore- jpoon. and that mid Temporary Receiver |give notice of his anpointment, and of Inkl hesring to all patiag fn interest, by publishine 2 conv of this ceder in The {Norwich Rulletin twice. and 7 malirs & Yva eonv postage prera to esch ®ARntAsr of racord and Imown credinr o =14 rorsamstion. at their several best T imNla 2AAeereng o1l om OF A Aov nf Thaacmber 1992 ¥ A =t T-iAzen~ Copn.. this 14th dRy. of Taepeer ney | CTRISSATTCR 1, AVERY 4 Judge of the Superior Court. declss ' NOTICE TO CRFDITO R AT A COUVET OF TROBITE UPLD Mnemwich, wihm ~nd far the Thier s o Nmnx on the 15th day of Deocember BT enYTL Y a4 der: ng their claims aga'nst salé estate within months from this date, by to that effect, e - ix — NOTICE.—AN creditors of mld de Lereby notified 1o resent. 1hels crased are Signsd at P, O, Box 44, Prainfeld, Cors iin the lme BANES 1 oove sl YRG0