Norwich Bulletin Newspaper, December 22, 1922, Page 12

FINANCIAL AND- COMMERGIAL o SPECIAL NOTICE ——— MARKET WAS STRONG But & Sup Conm New York, Dec. 3L—Iuymg operstions | Canadian Pac of professional interests, particularly in L the oll group, and & broader investment |Cent Leather .. igh grade rail- s demand for' some of the hig Chand Motor We Offer All Our road shares imparted a strong tone to prices in today’s stock market. Stk vl LADIES FUR COAT Which openea w363, w fou pome and [C M & 3 £ 11111 : lYou Can Fined That Particylar Pipe In Our Fine Assortment. a now high record for the vear, and then [C M & St P pr At Greatly Reduced Prices GEO P MADDEN C FRANKLIN SQUARE soared to 322, often jumping 50 and 10 g;l‘; ic I\)fr::gt r un ints between sales, all of 100 share or . ; - : ~ Tots. Squirrel, Mink, Hudson Seal, Pony, NORWICH, CONN. Marmot, Near Seal, Raccoon. lots. 1t dropped back to 300 at'the close, (G RI & P ........ 3% where 4t represented 4 net gain of 43 |Chile Cop HATS, FURS, FURNISHINGé points on the day. Buying of the stock ghoa" Cop was generaHy believed to have resulted i Corner State and Green Streets New London, Conn. {Cosden pr . STORE OPEN EVENINGS UNTIL CHRISTMAS .. 83 31% 81%1 from the belaind covering operations of | venturesome short interests although SriCii Steel speculative anticipation of more favorable | Dome Mines dividend action and rumors that the Erie .. company was contemplating the acquisi- | Erie 1st pr tion of property in the new Smackover |Erie 2 pr . field may have been contributing factors, | Fisher Body The day’s sales totalled only about 2,000 'Gen Electric shares. Gen -Motors .. Rallroad shares were inclined to e |Gen Mot 6 p ¢ db sluggish In the early part of the session Great North pr . but they become, quite active later in re- jGreat Nor Ore . sponse to some heavy buying of Reading. | [llinols b Lehigh Valley, New York Central, Union Iml’ on Pacific, all of which moved up 1 to 2ip ¢ points. There were indications thats the ‘1n¢ so-called January reinvestment demand |in¢ 5 = was a factor in the late buying. Int and that speculators on the bear side|district has been sold to the Mystic Val- {clubs. The first game to be played at|ties as head assessor, Daniel A. Mulhol- STERLING Pan-American issues were heavily |Int Paper pr stp had apparently overreached themselves|ley Water company. This is one-of the |the Country club house Wednesday ev- [land, who was appointed local fuel ad- - traded in following the remarkable spurt | Kennecott Cop ... ? ] for at least the time-being. old landmarks located here, owned By the ening, December 27th. - |ministrator recently, has resigned that| ifiss Mary Noble, Miss Ethel Frink In Mexican Petroleum, approximately 95 | Max Corn and oats were governed largely|Copp family ever since 1664. Ther have b T:eldCommunIEv Christmas tree ;.‘r:_ll position an;‘lr David F. Webber has been |the Misses Alicé and May Pari u ané per cent, of the stock of which is owned | Max by the action of wheat, but corn dis-|poen changes here for a few years, The |0° held at the Country club house Fri-|appointed his successor. T iy aiee S e W o and layed less power to rally. Large re-| . day evening. Christmas carols will be s oy ——— by the Pan-American company. The A |Mex Dy & o household furniture and textile articles |guno Chrmm‘s S8 Eicy ol couis Bristol.—Over 300 men and women at- | ¢a} stock gained 1 3-4 and the B, 3-4 Other | Mex Petrol pr ceipts of corn here counted as a Dbeary|ip,: were bequeather to John Brentoh Shabndd s Z tended a_meeting of the Ku Klux Klan| Mr. McMay of Oneco spent Monday ol T el s Roy-?] ‘\‘fioSKP&kTs e e were dull, but for the|COPP and by him presented to the Smith- ROCKV'ILLE eneaRMenis P uall i rseaiay i cverting '”;: “~: ‘:,"”; e A eaih Ty 2 o i [ i i i i 2, V: i i vi lev. . .8 N n, of rs. - . yers is ines 0 her Dutch, General Asphait, Standard Oils ¥ & = - most part’ held fairly steady in lins'SOnian Institute, Washington, D. C., : Atlanta, Ga., spoke. Dr. Newton ans-|home with a severe cold. o New. Jormey, A, O o | Mo - Pacitl with hog values. where they were on exhabition about s | Josiah C. Palfer was a recent guest|y. - - | 1 cola. £l Houston, California Petroleum, Phillips ; 110 Z2¢I7¢ g 1 (vears ago, are Still there. Tho wWater | at” tee heme of aia otrer oy, ey |Wered ‘many of the complaints made| Mrs. J. Vere and daughter spent Sat- ®iMo Pac pr ! } g against the Klan and told of some of its |urday in Providence. Pétroleum, Tidewater, Assoolated and Pa- |y gnam: & Chicago Gran Market. company reeded the property to meet fu- | Palmer. purposes. ek tific Olls, the gains ranging .from 1 0| N'y Central it R ture demands for increased water Ser-| Frank M, Hill was a caller in Ashaway | @ Mrs. John Knox and Mrs. O. § polnts, NYNH&H S L A A viee. £ Tuesday. Torrington.—The only woman who se-|Were in Providence Wednesds Baldwin again led the advancd Of [Norf & South . Mec- 5 1,3‘2 ty whag Mrs. Van Pelt is in Boston hospital,| Mrs. Lydia Church is mmproving from |cured a hunting license in Torrington standard industrial issues, closing at 131 |Nor & West 4 " Jufl‘gj 1;45,‘ 11315 suffering from a fractured hip. She sus- | her recent illness. this year, Margaret E. Barrett, had con- ANDO -8, & net gain of 3 3-8. Pond Creek Coal {North Pacific 5 % = tained in a fall on an icy pavement whin | Mrs Frank H. Siunders has been en- |Siderable better luck than most of the NDOVER touched 31 7-8, the highest price in 10 ; Penn R R . 5 2 . 75 3 on a visit to her daughter, Mrs, Charles | tertaining her mother. 3 en h}lnleri accordan to her report The e e o et years, on reports of its purchase by Hen- | Penn Sea St : Frn 33 Davis in Somerville, Mass. Warren A. Tucker had the misfortune |Aled with Town Clerk W. A. Gleason, | ZU° STEC (O, 2 O FO6e ¥y Ford. Elkhorn Coal, on whose proper- | Pierce Oil 135 7234 to lose his horse. whicn dropped dead as |She bagged 18 ral l“ 7 squirrel, £ |5 S ties Mr. Ford %as an option expiring ot | Plerce Ofl 3@ He started Yor,Fiioe Wallas, partridge, and 1 quail. B e L WA RO RR ISt 49 33 5.8 00y P B P T SR GALES FERRY Devon—Tndividual calls, committe |with ilncss. SRRy ed later to 19 3-4 for a net loss & 46 45% X . 3 < calls and the presentation of five peti-| There will be exercises by the school ;dld on announcement that the op-|Reading 1st pr 43% 422 431 “Early Wednesday afternoon a fire was BRIEF STATE NEWS tions signed by over 150 residents and |children in the town hall Thursday night tion was mot likely to be exercised at this | Reading 2d pr ——— discovered on the roof arowmd the chim-| guelton—William Cook has Been elect-|members of the Devon Union church, |and a Christmas tree with presents for oo 5 Replogle Steel MYSTIC ney of the farm house of Monett - B.|oq commander of Charles W. Sutter post, |with the hope that the Rev. William J. |all the children in town. Announcement that the seasonal shut- | R°P'1 & St .- Lawson, situated on the upper road. in|American Legion, and Raymond Goad [Guggenheim would reconsider and with-| frs James, of Rhode Island, has been downs in the motor industry wou. be .,.e,‘fn C e f;\”': The newly elected officers of Florine e;; of"gml‘;‘f Fe‘gr;‘“-: l:l:pmem ue‘: is the first vice commander. dy'.afhmfimf;sfna;z:fisnfi“;; eoéecl‘he a visitor at irs. May L. Webster's for a shorter than usual this year becase of Imghaceo Prod i 1 Dow camp, Royal Neighbors, are as fol- from the hotselsummonea men Trot the Milford—Owing to his numerous du- |ChUrc: PP y - |few days. the unprecedented year-end activity re-|mop prod A .. 3 23 33 |lows: Oracle, Lucy Burdick; vice ora-|yillage, some of whom were taken in the B suited in a brisk buying of Stuflebakcr& South Pag cle, Cassie Brooks; chancellor, Maud Wal-)auto truck of J. Edmund Norman. Fire which got as high as 135 1-8'but reacted |South R R ... to 134 1-2 later where it\was up 7-§ on the day. Motor accessories also were strong, Fisher Body rising 4 1-2 points and Stewart-Warner, 2 3-4. Pacific Gas moved up 3 1-4 on an increase of 5 to § per cent. in the annual dividend rate. Declaration of a semi-annual dividend of 1 1-2 per cent. on Marine preferred, which was announced after the market closed, came as a surprise to Wall street which bad expected that the dividend would be pmitted altogether. The stock closed fractionally higher. Call money openeé at 4 1-2 per cent and held at that rate until just before the close when it advanced to 5. The time money busimess continued quiet with ¢ 3-4 per cent. bi dgnd 5 offered for the longer maturitfes, some 660 and 90 day woans being arranged at 4 7-8. Little new eommercial paper is coming into the mar- ket, the rate holding at 4 3-4 per cent. Foreign exchanges were steady. De- mand sterling was weak at the opening, | welling at $4.51 3-8, but it recovered to 4.64 1:4 before the end of the day. Slight improvement took place in all the other Important European. remittances, STOCKS. . The following is a summary of the transactions on the New York Stqck Ex- change up to 3 P. M.: Baltimore & Ohio Beth Steel .. mth Steel B k Rap Tr-. 00k B.lp T ot .. 12% But Cop & heees A% Winter and the Holidays mean that there is fuel to buy, the children need warm. clothing, ‘the family and friends should be re- membered with gifts. Meet the: noeds the Beneficial Way by con- solidating all of your. smail obliga- tions in one foan which you may pay off in from five.to fifteen-in- staliments, in amounts that will not tice at 105. South R R pr. .. TUnion Pacific .. Union Pac pr . U S Rubber . U S Rubber 1 pr i S Steel .. U S Steel pr . Western El pr 112% ¢ West Air Brake : 113% ! West Mfg . . 59% ‘West Un Tel . 1143 Willys Oland . . 6% Willys Q'land pr 423 Worth P & M ..... z 9 120% | CONDITION.OF NEW YORK FEDERAL RESERVE BANK | New York, Dec. 21.—The state of con- ditions of the Federal Reserve bank of New York, at the_close of buslnesa De- | cember 20, shows: Total gold reserves $1,019,904,054.23. Tetal reserves $1,046,196,050.53. Bills discounted secured by government 'war obligations: For members, $126,-| 029,410.27, All others $16,326,630.09. _Bills bought in open market 84! 225,- | 220. 30y ‘Total bills on hand $183,581,261,26. ‘Total earning assets $312,049,011.26. Uncollected items $163,328,474.79. Due to members: = Reserve account $700,789,927.65. ‘Total deposits $715,110,420.09. F. R. notes in u:tuzl drcnhflun $605,- 539,259.00. 4 Ratlo of total reserves tu deposits and | F. R. notes llabfllfies combined 79.2 per cent. METAL MARKET New York, Dec. 21.—Copper firm, elec- [trolytic spot and nearhy 14 5-8@ 14 3 futures 14 3-4 ; tin firmer, spot and near- | by 38.12; futures 38.25@38.50; iron' steady, pflmfl unchanged ; fead’ firm, spot 7.25@7.35 ; zinc quiet, Bast St. Louis spot and nearby delivery 7. 00@7 10; anti- mony, spot 6. 25 @6.50. ¥ MONEY New ¥ork, Dec. 21.—Call money firm- er; high 5; low 5 1-2; ruling rate 4 1-2; cloulng bid 55 offered’at 5 1-2; last loan 53 call loans against acceptances 4. COTTON New York, Dec.. n—-sm eotton quiet, middling 25.90. v BOND MABEET New York, Dee. 21.—Pre-holiday dull- ness characterized today’s irregular and virtudlly featureless. bond dealings. A jump of 2¢points in Brier Hill Steel {5’s, which touched 97 on awnouncement ‘of ithe purchase of that company- by -the | Youngstown Sheet and ‘Tube company, |was the most outstanding” development. :These bonds wew originaily -offered at par, dropped to 91 on dissolution of“the syndioate.and are caHable-on-30-days no- +improved 2 points an dChile Copper T's;"1, while Packard Motor 8's and ‘Wilson con- | vertible 6's were regotionary, United States government bonds held firm, the gab from 2 to " Wickwire Spencer Steel ‘7's | marshal, Minnie Hickson ; assistant mashal, Clara Leise; inside sentinel, Fannie = Board; outside sentinel, Harriet Hancox; manager, Julia Brannigan ; musician, Annie Hanley. Once more the activities committee .of the Community house ve planned a iparty to be held Friddy evening.. This is ito be a cosmopolitan party. Mrs. G. K. [Nash is made chairman of the committes | and she will have charge of booths rep- resenting Christmas . in other lands. ' Games will be played by the® children. Carols will be sung and tableaux will be staged by a large group of children, | Mrs. Charles "Holmes will read a pan- tomime party will be acted out and to the poetry, by the following children: ! Walter Prescott, Tillle Richards, Doris i Brown, Lula Allyn, Francis McDonough, Barbara Nash, <George McKenzie, Don- ald McKenzig, George Foley, | Brunke, Elsie McGaughey, Helen Foley, Gwendolyn Pierson and many others | whose names have not been listed. Mem- bers who were present Wednesday even- {ing at the meeting of the activities com- mittee included Mrs. C: K. Nash, Mrs, O. A. Wileox, Mrs. S. A. Boylen, Chuuiuma of refreshments committee, Dorothy King, | Blizabeth” Foley, Nathan Brown, Cha:.e : Schroeder, Doris Hayner, Ethel Weir, El* len. Boggemes, Minnie Flynn, Tom Weh. | Lioya Moore, Naomi Tilton, 1da Maynard, {Fred Reyner, Ethel Johnson, Adah New- bury The |community-wide Christmas "tree celebration will ‘be held t omorrow, | (Saturday) on the vacant lot at the corner of Willow and Main streets. The entire' community is invited to attend! and make the affair a meeting long to be remembered. A ‘brief ritual has been worked out by the community’ house 4t~ ector. The following Christ#as program was given at the- Myatic Academy on Friday aftern Song, O Little Town ef Ba(hmn school !ong. Up On the Honatopa Grade I; folk dance, In the Land of France, Lu- 1a Allyn and Mary Connors; song, Santa Claus, Grade II; waltz, Pomone, school ochestra; dance of the Snow Maidens, girls of Grade III; song, The First joel, Grade VII; song, ‘While = Shepherds | Watched, scthl play, (f-ade VIII; song, Hark the Herald Angels Sing, school. Thé‘ newly elected officers of Williams Relief Corps have heen elected and ap- lpéln!.e\i for the ensuing year:. 14 {lace; recorded, Katherine Gilbert; receiv- { Warden R..Irving Hurlbutt 53 1er, Martha Stafford; Elsie i and men were already there and had the fire un- der control. It was the result of a chim- |ney fire, where the sparks fell from un- der the sides of the metal cover of the chimney on the shingles and _ignited. Quite a large place was burned in the roof, but was fortunately subdued. This house and land belonged many years ago to Ralph Scott Stoddard and was inher- jited by him from s father, Elisha Stoddard, and was rt of the origin- (al grant of land belonging to Captain i{Ralph Stoddard and son, Lieut. Vine |Stoddard of the Revolutionary.war/ in ithat district. The house has histofic interest, is well preserved, and always kept in good repair. The quarantine was removed from the {house of Rufus W. Hurlbutt, by Health i Officer Charles A. Gray, of the town of | Ledyard, Wednesday . afterpoon. Mrs. Hurlbutt, who has been ill with diph- theria was teacher of the younger: chil- dren of the village schoal, whom she taught in ‘a room at her home. . Mrs. Hurlbutt has now recovered. Mr. Hurl- butt went to business again on Thursday |and their two young children, who have for Christmas. No other cases have de- been with relatives will return home : veloped in the school or place and every ,nrecs.uuon has been h.ken to prevent it. Mrs. Charles H. Commd! was 2 vis- itor in Mystic- on Tuesday at the home of her sister-in-law, Mrs. Harriet Avery of that place. Harry”Norman of -New London was a recent visitor at the home of his mother, Mrs. P. L. Norman at Allyn's Point. Mrs. Allen S. Bush was the guest on jTuesday of her daughter, Mrs. Freeman {Kennerson, in New London. The regular weekly meeting of the Gales Ferry Pinochle club was held at the Country club house on Wednesday evening. Samuel Lester made a gift to the club of lead pencils. The Grotto Pinochle club of Norwich sent a com- mittee to make arrangements for the coming - tournament between the two —_ DR. HARRY- PROTASS . DENTIST . 161 Majn Street,”Over Woolworth Telephone 563 . - : Norwich, Conn. CAREEUL, CONSEEVATIVE - * President, Mfs. Eleanor J, Lucy; sénior. vice prealdenl, Mrs. Lucy Burdick, jun=- or vyice president, Mrs. Katherine Allyn secrétary, :Miss Ella M. Buddington trmurer, Mrs. Louise K. Tufts; condue- [tor, Mrs. Bertha Pollard; guard, Mrs. Alberta Hemmond ; patriotic . instruc- tor, Mrs. Margéret Eldredge ; press corre- spondent, Mrs. Viola Holiday; musician, Mrs. Ruth King ; ¢olor bearer; No. 1, Mrs. Jessie Goodmian;; color bearer, No. 2, Mrs, Flora" Erskiné; color' barr, No. ), Miss H. L. Brown, color ba.rer No. 4, Mrs. L. STIEE " e The. delegates who will attend the de- parfment convention .in the spring are Mrs. Eleanor L. Lucy, Mrs, Bertha Pol- “lard and Mrs. Viola Holliday. The alter- DENTAL SURGEON M’Grory !ldl. { . SNorwioh, Conn orner . pended ~ Ceilings. - Estima! given. Columbia House, N dec20d - HARDWOOD FLOORING Parquet and’ Strip-F1 mp.a 'a::lgglshm Oi8 | fln::rh-‘cr-% WHEN YOU KNOW THE PRICE YOU’LL ACT Terms Reasonable Considering other dealers, we cannot publish this price, but come in and we will show you the instrument and tell you the price. You'll be surprised. us on the phone or write. \ LI If unable to come in, call QUICK ACTION ON YOUR PART SAVES YOU REAL MONEY ;HWARTZ BROS., Inc. NORWICH, CONN. SAORANRE | (RARRDUBGRURRRERRCIRRARANETR S EDABIOCO I RRRRNI NS 5k b AL st nates are, Mrs. Nettio Howe, Mrs, Flora | G0ishéd, %SOW points on $100 in all the active'issuds ex. S Brskine. Tho ofticers will be installed “wiiian NG, Coutracter e Jan "WILLIAM C. YOUNG, © cept Liberty ;3 1-2's,which dr 2|+ the Janusry. meeting. MII Work-asd s, which dropped 4|70 G BRIIN, oad Churen | Bulider. MAL i {cents. In the foreign group, Mexican 5, | &“‘ Main 8¢ Pbene $7L [Norweglan 8's and Brazilian large 7 1-2's |.em = , moved to hlther mund whlle Serbian 8's embarrass you or cause you any hardship. Loans from $25.00 to $300.00%n home furniture at legal MAIL-AD?‘ - : FILL OUT AND MAIL TO 5 ‘THE NORWICH BULLETIN Wecln-.AwnpSWa&hnlm Wadq.'l'ol&,?c&fo,&r_ « Classification. PHONE 1664 mflnfi al’ I-ued lhmd signs of covery from recent heaviness, the con mmc‘“‘ .ble 4 1-2's and the debenture 4’s clos- LOAN SOCIETY |iine o point bister. An improved tone B also was evident in Wisconsin Central NEW MARSH BUILDING ROOM 302-3 NEW LONDON, CONN. lportant Notice ’4';., New York Central 4 1-2's, Kansas : ¥ . Southern §'s, “Katy” #'s and Texas {and Pacific first, the gains ranging from | 11 $0'1 3-8 points. ‘New Haven 6's, Erle | convertible 4's, gerief D, Atchiesn 4's ::ddG Northarn,flrfidl-{‘smu— o] Publlentmtymlbu were weal, Iomotnmznmuungphu in Brooklyn Rapid Transit Ts ana Conuencm Jamnry 1, 1923 Nm:e.q.....,... B TN R. B, D. or Street. cons cevsnnss PodOflia: -...-.....o-.v-.--o-o.m.-m.m't Enclosed. &»aion-g‘f‘ll-hil Writccomplcteadbelowmcludmgmmemdaddufi"' ‘== _Or i blind addns is wanted mark X here Nquork,Newlkvm&Ws . between BOYS’ FARM WAGONS For the Boy. ,T. H. ELDREDGE GOOD Cl"l'lZEN s s b om.vuw Fl-d sleeper with M‘ufl Points and morning mh:"fi%‘mm