The Waterbury Democrat. [volume], September 04, 1935, Page EIGHT, Image 8

About The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946

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1
Last Hour Rally in Market Shot Prices Higher Up
NewYork Bank Stocks
Hit New Highs August
Weighted Average Ranged From Month’s Low of
52.62 to 57.35% on Aug. 19 Closed at 54.98
New York, Sept. 6—New York
City bank stocks In August again
reached new 1935 highs. From the
month's low of 52.62 on August 1st,
the weighted average of seventeen
leading issues reached th new 1935
high of 67.35 on August 19th. The
previous 1935 high of 63.21 had
been reached on July 29th. How
ever, the list declined In the last
half of the month, although the
clone, August 31st, of S4.ll showed
a moderate net gain for the
month.
The range of the average for
the month was as follows:
Bankers Trust
Brooklyn Trust . .
Central Hanover .
Chase National ..
Continental.
Chemical .
City .
Commercial Natl.
Corn Exchange ..
Empire Trust
Open and Cow
August 1
69%
$9
. 127
31 %
. 15%
49
29%
. 151
54%
i * %
First National . 1675
Guaranty Trust.
Irving Trust.
Manhattan .
Manufacturers .
N. T. Trust .■
Public National .. .
305 %
14%
25',
2S
109%
34%
52.62
New 1935 High
August 19
72%
95%
130%
. 37%
17%
50%
3?*
172
60%
20
1650
319
17%
29 54
34%
120%
38%
Close
August 31
70
95%
126%
34%
17%
48%
32
159
59%
20%
1805
306
16%
28%
34
119%
37%
54.98
Weighted Average . . . 52.62 57.35
1935 RANGE 1934 RANGE
High, August 19.....57.35 High. April 26.57.43
Low. April 30. . 40.7K Low, Jan. 2.39.69
BEAR MARKET LOW
May 31, 1932
31.34
Relief Workers Are
Trying To Get In
(Continued from Page 1)
property damage would run Into
millions of dollars.
Officials .upon hearing from sur
vivors that tidal waves swept sec
tions of the Keys, feared that
death estimates wirelessed by first
of the relief workers to penetrate
the storm zone might mount.
One survivor told the United
Press of seeing a three-story vet
erans' hospital swept out to sea
with the loss of all hut one of its
occupants.
One of the first persons to make
his way Into the Keys storm area
was Jack Combs, a Miami under
taker. who wirelessed Red Cross
headquarters here that between 400
and 500 persons had been killed
at veterans’ ramp number 1 on
Motacombe Key.
The Miami Beach Tribune esti
mated the death toll as high ‘as
70U, FKRA officials feared thrh
toll would exceed 300.
Airplanes which flew over the
Keys reported at least two veter
ans’ camps destroyed.
All but the locomotive on a 12
car train which had been sent to
evacuate the veterans were over
turned. Firs* reports said that more
titan 600 veterans were aboard.
But advices wirelessed to Red Cross
headquarters here by relief work
ers said there were only 25 men
aboard and that all were saved.
A Pan-American airplane landed
at Tavernier, on Key Lrgo. where
th* Red Cross estimated at least
100 killed, with four physicians
and medical supplies.
Hospital Ship Sails
TJie coast guard cutter Yamacraw
wfd» ordered from Savannah to
proceed to the keys to serve as a
hotHtital ship.
The collector of customs for
Florida was asked by Washington
to order all available border pa
trolmen to the coast guard base at
Fort Lauderdale for service in the
hurricane area.
From Mobile, Ala., the coast
guard cutter Seneca and the pa
trol boats Nike and Trion were or
dered to Tampa Bay, where the
hurricane, after laying waste south
ern Florida, began Its swirl up the
we; t- coast.
The marine ambulance Phllchrls
was ordered out of Miami to Vet
eran Camp No. 3, Islamorada on
the Keys, where it was feared
many were killed.
Relief Train Stopped
A relict train started iroin i\> y
West an tin; laal of the islands,
that form the Florida Keys, hut
was unable to proceed beyond
Vaca Key because tracks were
washed out.
"While authorities were concen
trating or bringing relief to the
southern end of the state, the
northwestern section, along the
Gulf of Mexico, found Itself In the
midst of the "big blow."
Several small craft were reported
In distress.
Weather bureau reports that the
hurricane may cut Inland north of
St. Petersburg and head across the
state toward Jacksonville on the
Atlantic coast, caused residents of
that area to "batten down."
(Copyright, IH.'I.Y by ("tilted Press)
.Homestead. Fla., Sept. 4—(UP*
—I saw tile hospital on the Keys
lifted off Its foundations by a tidal
wave at tho height of the hurri
cane, and carried, with everybody
in It except one, like a giant house
boat, out to sea.
The huge wave rose from the
sea on one side of the Key, swept
across land and lifted the hospital
off Its foundations. The three story
building rose to the top of the
wave.
It whirled around several times
and then flouted swiftly on the
crest of the wave out to sea. I
paw nothing more of the building
or any of the people who were In
It at the time the wave struck.
Dr. Ulster Alexander Jumped
from the third story, Injuring hit
back. He was the only one saved.
The storm blew rocks bigger
t.lmn my list through the air like
millstones. This was the cause ol
many deaths.
Most of my buddies can't under,
stand what caused the evacuation
train to be delayed.
The hurricane warning In Miami
sturted the evacuation of the
camps. But a later dispatch said
(here would be no dunger, .• ■> the
camps thought they could s.t it
out. It was not until i or 4 o’clock
Monday afternoon that the veter
ans were told to get ready to leave.
By that time the storm had struck.
Turns to Mainland
Jacksonville. Fla.. Sept. 4—(UP)
—Lashing hurricane winds turned
their fury on the mainland of Flor*
Id* near Coder Key today *ftei
having damaged the west coast
heavily.
Governor Have Sholtb ordored
Adi, Gen. Vivian Collins to mobtl
lie the norma national guard tor
relief action at any part of the
state needing aid.
Report*) from Tallahassee at
noon said the center of the storm,
with winds of 90 miles an hour re
ported, was passing near Cedar
Keys. North Florida was threat
ened with gale winds.
Tampa reported damage there
would amount to approximately
$1,000,000 from the hurricane that
passed Just west of there at 2 a. m.
Coast guard headquarters at Mo
bile dispatched the cutter Beneca
and the patrol boats Nike and
Trlon to the Tampa Bay to aid In
storm rehabilitation work.
Karly reports did not Indicate
any deaths along the west coast
fiom St. Petersburg north. All
through the night the west coast
was lashed by high winds which
traveled over the Gulf of Mexico
and ' paralleled the coast. Further
south at Fort Meyers, one death
was reported.
An advisory of the weather bu
reau had warned that the stor'th
would cross the coast line near Ce
dar Keys moving northward or
northeastward.
Wireless Messages
Miami, Sept. 4—(UP)— Terse
wireless messages from a Pan
American pilot flying over the hur
ricane-swept Florida Keys today
graphically described the havoc
wrought by the storm.
Pilot A. G. Persons radioed his
base here of body-strewn keys,
washed out railroad tracks and
demolished buildings.
Here are his messages:
9:28 a. m. (KST) Between upper
and lower Metacombe Keys, rail
and highway both out, bodies
along the course.
9:32 a. m.: Concrete bridge be
tween lower Metacombe Key and
Kong Key Intact. From Long Key
to Marathon rails were wrecked.
No signs of life on Long Key. All
buildings wrecked.
9:44 a. m.: Landing possible
Vaca Key, Marathon not badly
damaged. Train with Engine No.
451 on Vaca Key. Concrete bridge
below Marathon o.k.
Uk.1.. In nanirns
Washington, Sept. 4.— (UP) —
Reports of another ship—a Danish
freighter of 3.136 tons. In distress
off the Florida coast In the vicin
ity of the liner Dixie, were received
here today.
The Isbrantsen Moller Co., New
York, asked the coast guard to
salvage the S. S. Lelalc Maersk,
which drifted ashore on Alligator
Reef, 20 miles south of the Dixie
at 10 p. m„ EST., Monday. The
crew was said to be safe and the
ship's hull holding although both
masts were broken and she was
resting on coral beds.
Sens Arc Calming
Little Neck, N. Y., Sept. 4—(UP)
—Reports of calming seas around
the stranded liner Dixie off the
Florida coast brought cheer today
to the wife and two daughters here
of Capt. K. W. Sundstrom, master
of the ship.
Mrs. Marie Sundstrom and her
; two daughters sent a radiogram tu
the captain last night assuring him
he would save his passengers and
ship. They have received no reply.
They had feared Captain Sund
strom would keep an old vow and
go down with his ship If It broke
up on the reef.
One Ship Leaving
Miami. Fla., Sept. /—(Via Trop
ical Radio to United Press)—The
United Fruit steamer Platano,
which had been standing by the
stranded liner Dixie, left the scene
shortly after 2 l». m. EDT. today
and continued her voyage toward
New York.
The Dixie’s captain released the
Platano because of the nature ol
her cargo und because so many
other ships were utandlng by.
May Be «00 Demi
Boston, Sept. 4—(UP)—"Reli
able reports" Indicate that the hur
ricane death list on the Florida
Keys "Is in excess of 300 persons
and will probably reach #0« or
more,” the Tropical Radio com
pany was advised this afternoon by
its Miami station.
FAST PLANK IS SHOWN
Buffalo. N. Y„ Sept. 4—(UP) —
A one-ton model of an airplane
said to be capable of a speed ol
600 miles an hour went on dlspluy
here today at the National Inven
tors' Congress.
The plane was built by Charles
M. Minor of San Francisco. More
than 400 Inventors are expected for
the congress.
Cleveland (U.P.)—The F. and F.
Style Shop here has been entered
eight time/* In four years. In the
last Mirglary tlfe thieves took 1100
worth of woman’s apparel. The
robbers have entered the shop the
same way In all eight burglaries.
The End Of Chicago’s Sky Ride
Toppling toward a tremendous crash, the sky ride, spectacular at
traction at the Chltrago World’s Fair, Is shown in this remarkable
picture as the last of the major structures was rased at the lake front
exposition grounds. Ten-foot sections of the legs of the tower were
eaten away with thermit, a mixture of aluminum and Iron oxide that
generates MOO degrees of heat, to bring down tlte lofty structure.
LEAGUE TOLD TO
KEEP HANDS OFF
(Continued from Page 1.)
need be .against the concerted opin
ion of other nations, followed a
fervent plea for solution of the dis
pute by Captain Anthony Eden of
Great Britain. Eden warned that
collapse of the league’s efforts to
bring the controversy to an end
would be a world calamity.
Baron Aloisi’s statement b6re
out the declaration of Premier
Benito Mussolini in his recent in
terview with the United Press, in
which iie said Italy would go
ahead, "with the league dr with
out the leauge or against the
league.”
Alolsl surprised the council
when he strongly Indicated that
Mussolini no longer regards the
Italian-jBthiopian friendship pact
of 1928 binding.
e"fhe Italian government, he
said, “has been obliged to conclude
that the Treaty pf 1928 has failed
in practice to guarantee, the peace
ful existence of tjie Italian col
onies.
Ignores the Treaty
"Therefore, Italy can no longer
count upon the provisions of thut
treaty. Nor, when, a country like
Ethiopia is Involved, can Italy rely
on purely legal guarantees to ful
fill the duty of banishing forever
the dangers menacing her col
onics.”
Alois! announced that Italy re
fuses to be treated on an equal
footing with Ethiopia before the
league, because Ethiopia violated
her obligations as a member of the
league.
In a remark which Gaston Jczc
of Ethiopia Interpreted as an Ital
ian move to oust Ethiopia from the
league, Alois! said:
"All solidarity with a state which
allows such abuses to exist within
Its borders must be refused by
civilized nations.
In an address preceding that of
Alolsi, Premier Pierre Laval of
France announced that his coun
try would fully support the coun
cil. He expressed confidence that
a peaceful solution would be found,
“which would assure Italy the sat
isfaction she would clu|m without
disregarding the essential rights of
the Ethiopian government."
Laval Confident
Laval expressed satisfaction with
Eden's statement that Britain re
mains loyal to the collective sys
tem among nations.
"I maintain all my confidence In
the future of the League of Na
tions," he said.
Alolsi presented the Italian
memorandum, which said that
Ethiopia, through alleged viola
tions of International agreements,
Is no longer fit for league mem
herhlp or entitled to claim rights
under the covenant.
The memorandum said Ethiopia
constitutes an Immediate and per
manent danger to the security of
Italy's colonies in East Africa, and
th-.t "In rising against this Intoler
able situation,'' Italy Is defending
her own security as well as the
prestige of both Italy and the
league.
Specific Charges
Specifically, the memorandum
charged Ethiopia with the follow
ing:
1. A series of acts of terror
against Itallun citizens and prop
erty.
2. Wilfully violating solemn
Itullan-Ethloplan agreements and
Illicitly occupying Italian territory.
3. General non-observance of
her obligations under the league
covenant, all of which deprive her
of the right to privileges as a
member of the league.
The league was regarded as hav
ing been split wide open on the
African conflict. Alolsi's speech re
affirming Italy’s determination to
enforce her will—coming after the
pleas of Eden and Laval for peace
—was described by non-partisan
delegates In the lobby as "burn
ing tlaly’s bridges."
While Laval merely reaffirmed
France'* loyalty to the league,
Eden more openly demanded that
Mussolini use thel cague instead
of war as an Instrument to settle
the controversy. At the same time
he stressed Britain's friendship
with Italy.
League Must Make Peace
Julio Lopez Ollvan of Spain, as
the first speaker on behalf of the
powers without a direct stake In
,4**.
MAINE ALDERMAN
LOSES HIS LIFE
Agawam, Sept. 4.—(UP)
—Charles Schofield, 37, described
by police ns a Rockland, Me., al
derman, was burned to death while
sleeping; In a childrens’ playhouse
at Is'Arth Agawam early to-day.
Schofield had been visiting Mr.
and Mrs. Charles C'nstelll nnd be
cause of the lack of accommoda
tions, had volunteered to sleep In
the playhouse at the rear of the
home.
A milkman discovered the small
structure In flames and summoned
firemen. They found Schofield on
the floor near t|ie door, his body
severely burned. His position In
dicated he had struggled to reach
the door.
Police said he leaves a wife and
two children In Maine.
Ethiopia, uttered the strongest
of all when he said:
"The league must, use all the
means at its disposal to preserve
peace.”
He expressed regret that Fran
co-Itritish mediation had failed.
"The machinery of the covenant
should be put Into action as rap
idly as poslble," he said.
Jeze, addressing the council for
Ethiopia, commended the Ualunl
verdict and said:
"If the Ualual Incident no long
er exists—so far, this has been the
only reason put forward for Italy's
military preparations—what doett
exist? The Italian government now
puts forward a new charge.”
He warned the council that time
presses, adding:
"The question Is, whether there
Is danger of war—whether there
a war of extermination.”
The council adjourned at B:02
p. rn. It probably will meet again
tomorrow.
Etliiapla In Angry.
Addis Ababa, Ethiopia, Sept. 4—
(UP)—Cornelius Van H. Engert,
United States charge d’affaires to
Ethiopia, conferred with Emperor
Halle Selassie I today concerning
the oil concession made to Ameri
can Interests and relinquished after
a warning by the United States
government that It would endanger
American neutrality In the Italo
Ethloplnn dispute.
Engert refused to say whether
the emperor had summoned him
The emperor asked whether the
concession had really been term
inated but Engert refused to reveal
further about the conversation.
Ethiopian official circles were
perturbed and In some Cases in
furiated by what they considered
an Invasion of Ethiopian sover
eignty In the cancellation.
It was emphasized that Ethiopia
has every desire and privilege to
develop the country as It wishes
and that foreigners willing to co
operate should remain free of offi
cial Influence from their own gov
ernments.
"We need co-operation from
someone instead of obstacles, one
official said.
A report that the Amerlcun con
cession was Illegal because of a
prior concession for oil rights in
the Danakil region to the Italian
Dr. Emllllo Dulio was denied In an
official communique.
The announcement said Dullo
had never signed It, refusing the
terms of the contract drafted by
the government, which notified him
on July 6, 1932, that It was re
suming freedom to contract with
other parties.
MANY SPEAKERS
WILL BE HEARD
Portsmouth, N. H., Sept. 4—
(UP)—Young republicans of New
England will hold a conference at
Hotel Wentworth here Saturday
and Sunday.
Those scheduled to speak are
Colonel Theodore Roosevelt, Con
gressman Charles F. Risk of
SaylesvIUe, R. I„ former U. 8. Sen
ator George H. Moses of New
Hampshire, Governor* H. Styles
Bridges of New Hampshire, and
Mrs. Paul Fitzsimmons, member of
the national committee from
Rhode Island, Mayor Hepry s.
Wheeler of Newport, R. I„ will be
toastmaster.
Lathrop, Mo. (U.P.)—Mrs. John
Lewis, local housewife, has pur
chased a bedroom suite with the
13,000 pennies she has saved the
last IS years.
GERMAN ARMY IN
TESTOF MUSCLE
Berlin, Sept. 4—(UP)—For the
first time since the "disgrace of
Versailles," a German army tested
its muscles today while Berlin
diplomats failed to hide their sat
isfaction over Benito Mussolini's
defiance of the League of Nations.
The first Oerman war games since
the armistice were played deep in
the Interior of the country to ob
viate the slightest suspicion that
they might be Intended as a dem
onstration against any foreign na
tion. The government did every
thing in its power to bring the
maneuvers into the public eye.
Gramophone recordings of crack
ing rifles and booming “seventy
fives,” made while the maneuvers
were In full swing, were later
broadcast to millions of Germans.
Foreign military attaches were
invited to watch the Brunswick
and Lueneherg maneuvers, the in
fantry drills held near Breslau, In
Silesia, and the speedy deployment
of cavalry at Mecklenburg, where
the mounted forces cooperated
with motorized units.
The political aspect of the Ger
man maneuvers, paralleling in
time the League of Nations last
efforts to prevent real war In Af
rica, Is illuminated by the govern
ment's moves to curb rejoicing
over Mussolini's present estrange
ment from other league powers.
Nazis who a few days ago were
eagerly speculating over the ad
vantage Germany might gain from
an Anglo-Itallan split and talking
sangulnely about German annexa
tion of Austria “as soon as Musso
lini has his hands full,” have been
brusquely muzzled.
FORMER CONSUL
TO MOSCOW DEAD
(Continued from Page 1.)
Orders Were Changed
He was then assigned as charge
d'affalrs at Addis Ababa but his
orders were changed while he was
en route and Cornelius Van H.
Kngert, a student of Near Hast
languages and politics, was as
signed to the post.
Hanson was ordered to a post in
Greece.
Hanson wan tr<e "trouble shoot
er" for the state department In. the
Far East for 26 years*. He began
as an interpreter at consulates,
then became a diplomat In his own
right at posts throughout the Far
East.
Hanson, who weighed 250
pounds and was Jovial even about
the business of rescuing American
missionaries from Chinese bandits,
was known for his accurate pre
dictions on International affairs.
He saved many missionaries during
the troublous days In Manchuria.
As consul general to Moscow he
continued a brilliant record In the
diplomatic service.
Horn In Bridgeport.
Hanson was born In Bridgeport.
Conn.,' and received an engineering
degree from Cornell University In
1909. He went to Shanghai as a
student Interpreter the same year.
Hater he served at Harbin, Chefoo,
Dairen, Newchawang, Tientsin,
Swatow, Chucking and Foochow.
He mastered six Chinese dialects,
learned his territory by hunting.
He was referred to in other con
sulates as "Uncle Sam's best
mixer."
Before he sailed for Ethiopia he
said he expected much of his time
would be spent in retrieving lost or
kidnaped missionaries.
CL0UT1ERFACES
TRIAL OCT. 28
Blddeford Me., Sept. 4—(UP)—
October 28 was mentioned today
as a possible date for the trial of
Alexander Cloutier, 25-year-old
sawmill hand, charged with the
first-degree murder of Florence
Grenier, 17.
Conviction would carry a man
datory penalty of life imprison
ment.
Swift Indictment of Cloutier on
the murder charge was anticipated
following yes terday's three-hour
hearing at the end of which Dis
trict Judge Louis B. Lausler found
probable cause to hold him for the
October grand Jury. _
Fifteen of the government’s 22
witnesses testified yesterday. No
defense witnesses were heard.
The state contends that Cloutier
clubbed Florence to death Aug. 20
after she had" spurned his love.
Her body was found in a shallow
grave near here three days later.
Cloutier, though protesting his In
nocence, has refused to account for
his whereabouts between 8 a. m.
and noon on the morning of the
murder.
SCHOONER HAS
RUN AGROUND
.Saybrook, Conn., Sept. 4—(UP)
—The 65-foot auxiliary schooner
"Edith T,” of Boston and carrying
a crew of 12, ran aground early
today off East Lynde Point light
house and called for aid from the
New London coast guard base.
The coast guard patrol boat 192,
a 75-footer was dispatched here
and a 400-foot patrol was being
made ready to lend assistance If
necessary.
When “Edith T” grounded
within 35 yards of the light, at the
entrance to Saybrook harbor. Coast
guard base was advised there was
"no Immediate danger.”
80 MINUTE QUAKE
Tosyo, Sept. 4 — (UP)—A 30
mlnute earthquake rocked the
Shlmo-Tansulkci river district of
southern Formosa, Inhabited by
head hunters, the Nippon Dempo
News Agency correspondent at
Takao, Formosa, reported today.
Details were unknown, the dispatch
said.
WOOL MARKET.
Boston, Sept. 4—(UP)—Fine
western-grown wools have a fair—
good demand, according to today's
report of the U. 8. Agriculture de
partment.
Good to choice French combing
and average ^rlctly combing 64e
and finer terrltoiy wools in origin
al bags brought 72'73 cents, scour
ed basis. Average to short French
combing of similar grade, original
lines, moved at (8-70 cents, scour
ed basis, while short French comb
ing staple realized (6-68 cents,
Clothing 64s and finer territory
wools sold for 66-67 cents, scoured
basis.
.' - Vi, 1' ’ ... <* ‘
. 5 , .f . ' ,
DIXIE'S CAPTAIN
<* 6
Captain Elnar W. Sundslrom
(above), of the S. S. Dixie, kept
reassurances flowing by radio to
rescuers that his passengers were
in no Immediate danger.
Short Covering Aids
In Boosting Issues
Some Shares That Had Been Targets tor Bears Were i
First to Respond to the Late Drive
By ELMER C. WALZER
(United Pith Financial Editor)
New York, Sept. 4.—(UP)—The
atock market - came to life In the
last hour of trading today and un
der Impetua of ahort covering
climbed to gains of fractions to al
most three points.
Recent target* of mild bearish
operations, such as Chrysler and
American Telephone, were the first
to respond to the rising market
force as professionals covered
short positions. Industrial leaders
joined In the upswing.
War news still was a controlling
factor as market operators watch
ed the course of debate fct the
League of Nations conference. Air
craft shares were picked up in
fairly god size, steel issues ran into
greater demand and some of the
other metal shares improved.
Meanwhile wheat, cotton and
rubber markets furnished a bull
ish background. In Chicago wheat
prices gained more, than a cent a
bushel as bullish private crop
estimates came in. Cotton climbed
to gains o (around BO cents a bale
while rubber recovered.
The stock market opened irregu- »
lar and dull and In the first two
hours prices slipped off to declines
of as much sa a point.
Then Chrysler turned active and
by slow degrees pulled the market
up so that a good sized rally oc
cured in the final hour.
Chrysler climbed more than 2
points, American Telephone was
more than 2 points higher at 130
and General Motors gained almost
a point to around 43.
Douglas Aircraft showed a point
gain around 32, Boeing Aircraft
went above 15 for a fractional ad
vance, while United Air was strong.
Among the metals Anaconda re
covered ajl of an early loss, and
Kennecott was fractionally higher.
Momestead Mining advanced 13
points to 398 while stiver shares
firmed. Steel issues were led by
U. S. Steel common which was ac
tive and 1-2 higher at 43 3-4 and
Bethlehem Steel which gained 7-8
to 37 1-2.
N. Y. Bank & Trust Stocks
The R. P. Griggs Co.
Bid Asked
Bank of Manhattan.. 24 26
Bank of N. Y. &
Trqst . 450 470
Bankers Trust. 52 55
Cent. Hanover Bank
A Trust. 99 198
Chase National Bank 31 34
Chemical Bank &
Trust . 4 7
Corn Exchange Bank 49 53
Empire Trust . 18 21
Elrst National Bank. 1600 1700
Guaranty TruBt .... 278 287
Irving Trust. 14 16
Manufacturers Trust. 30 33
National City Bank. . 28 31
New York Trust .... 100 105
Title Guarantee &
Tru3t . 7 9
i
r
I
i
I
Investment iron ^notations
G. T. CULiUNU CO.. INC
68 Center Street
Bid
12%
Asked
13%
38
31% 38%
60
53
i'A
6
.4 0
.60
27.10
8%
3.46 3.75
6%
51
39%
Amerex Holding; Corp
American Founders
Corp. 6% pt'd. 34
American Founders
Corp. 7% pfd.
.•..lerican & General
Sees. A.
American & General
Sees. Corp. 53 pfd.
Associated Standard
Oil Stocks.
British Type Inves
tors Class A.
Century Shares ....25.29
Diversified T r u s tec
Shares B.
Diversified T r u s tee
Shares C.
Diversified T r u s tee
Shares D.
Dividend Shares ....
Equity Corp. of Del.
pfd.
Fixed Trust Shares A.
1 -:d Trust Shares B.
Incorporated Inves
tors .18.35
In:. Sec. Corp. of Am
erica 6% pfd. 34
Int. Sec. Corp. of Am
erica 6\i% pfd. .. 34%
Massachusetts Inves
tors Trust .21.27 23.12
Nationwide Sec. B. . . 3.65 3.75
North American Trust
Shares 1955 ..
Se ond International
Sec. A. com.
Second International
Sec. 6% pfd.
Spencer Trask Fund.U.7#
Trusteed N. Y. Bank
Share. J.5S
U. S. Elec. Light &
Power Shares A. .. 16tf) 15%’
U. S. Elec. Light &
Power Shares B. .. J.2T f.8t
U. S. & British Int.
Co. $3 pfd. 12 £C
5%
1.39
35%
9.25
7.76
19.73
38
39
2.69
1%
48%’ 4*
17.85
HOME LOAN BONDS
Bid Aakeil
Home Owners’ Loan
2%’s . 98.30 99.3d
Howe Owners’ Loan
3's . 99.25 100.29
TWO ARE DEAD
Saugus, Mass., Sept. 4—(UP)—
Two children were dead and five of
thejr brothers and sisters were it)
a Lynn hospital today after eating
green apples. Joan Orrell, 2, and
Patricia, 3, died from gastroentprr
itls. Harold, Francis, Pauline, Mar-*
joric and Ralph were reported re
covering.
--
w*w>*-—----— :
SCOVILL
MANUFACTURING
COMPANY
MAH • MONZI in
went blvd nu noDBen
tumrAcnuD ooosa
iust to oum
THE AMERICAN BRASS
COMPANY
COPPER • BRASS J
BRONZE p
BSES
PrwMb ImI 1Mb* BnuMI '•
Swell Diameter 1—ItM TbSta *
Wrtwfcwy Iran Oeedc N»A ; 1
Manufactured Iran (Ml
Amarlcan Metal N*m BimB
flexible Metallic Hoee
2S5E5555353SBS5SnB *
Closing Prices
WBITUHOUSIt M CO. TcL 4-S1S1
✓ V'at'dar’i
Out
Adams Kxpress .. 7%
Air Heduc.
Alaska Jun. 16%
Allied Ghcm.159%
Allls-Chalmers ... 26
Amer Bank Note 27 %
Am Can.133
Amer Car & Fdry 22%
Am For Pwr. 6%
Amer Int’l . "8%
Amer Metals .... 24
Amer Pwr & Lt.. 7%
Am Bad Stan San 17 %
Am Boll Mills ... 23%
Am Sm Ref. 44%
Arncr Steel Fdry . IS
Amer Sugar.. . 54%
Am Tel & Tel-136%
Am Tobacco B ... 99 %
Anaconda Cop. .. . 18%
Atch Top & S F. . 49
Atlantic Bef. 22%
Auburn Auto .... 33%
Baldwin Loco ....
Balt & Ohio. 15%
Bcld’g Hemingway 13
Bendlx Aviation .. 1S%
Beth Steel. 38%
Blaw Knox. 13
Bohn Alum. 47
Borden. 24%
Borg Warner .... 47%
Bpt Brass. 13%
Briggs Mfg. 41 %
Bullard Co ...... 1 7 %
Burroughs Add .. 17%
Byers A. M.17%
Canada Dry . »%
Can Pacific. 10%
Case Mach . 71%
Celanese Col-p ... 26%
Cerro D« Pasco . 57
Certain-teed Prod. « %
Ches & Ohio .... 4 5%
Chick Cotton Oil . 27
Chrysler Motor . . 60 %
Columbia Carbon . 8JJ
Columbia Ga's .... 11 %
Com'l Inv Tr. 70%
Coml Solvents.... 13%
Com Southern ... 2
Congoleum . 35 %
Con Film. 4%
Con Film pr. 1 7 %
Con Gas . 27%
Cons Oil Corp.... 8 %
Container Corp .. 10%
Continental Can . . 83%
Contin Oil of Del 21
ojn Products .... 65%
Coty. Inc 4 %
Today’*
Cloar
8
141%
16%
160
27%
27
137
22%
6%
8%
23%
7%
17%
23%
45%
18%
54%
139
99%
19
50%
22%
34%
2%
16,
13
19%
37%
13%
47
24%
47%
1 4
42%
18%
17%
17%
• »%
10%
73 %
26%
57%
6
46%
27
63%
12
69%
18%
2
34%
4.%
1£%
28
,8%
10%
85
20%
66 %
4%
Curtiss-Wright A . x %
Deere & Co .... 38
Dcla J-ack . 15%
DuPont .117
Douglas Aircraft 30%
Eastman Kodak .149%
Elec Auto-Lite .. 26%
Elec P. & L. ... 5 %
Equit Office Bldg
Eric R. R.
Foster Wheeler . .
Fox Film .
Freeport Texas . .
Fire Tire&Rub Co
First Nat'l Stores
General Asphalt .
General Elec ....
General Foods ..
General Motors ..
Gillette Razor .. .
Gold Dust . 15%
Goodyear ....... 19%
11
16%
17 .
25%
52
17%
30%
34 Vi
42%
17%
Grt North pfd
Grt Wst Sugar
21%
29
Houdallle Hcrshey 20
10%
14%
29%
28%
63%
Hudson Motors
111 Cent R. R. .
Indust Rayon .
Int’l Cement . .
Int'l Harvester
Int'l Nickel . 29%
Int'l Tel & Tel .. 10%
Johns Manvllle . . 65
Kay (Julius) & Co 19
Kelvlnator . 12%
Kennecott Cop .. 23%
Kresge Stores ... 2 5 %
Kroger. Groceries 30%
Lambert Chem .
Llg & Myers B .
Liquid Carbonic
Loews . 41%
Lorlllard . 24%
McKesson & Rob
bins . 7
McKesson & Rob
bins pfd. 39%
24%
.116
. 31
21%
8
47
29%
Nat’l
Nat'l
Nat'l
16
33%
14%
14%
28%
16%
Mack Truck
Marine Midland .
R. H. Macy -
Math, Alkali -
Mex. Seaboard Oil
Mohawk Carpet .
Mont. 'Ward ....
Murray Corp. ..
Nash Motors . . .
Nat’l Biscuit ....
Cash Reg..
Dairy . 15%
Dlst.28 %
Nat’l Pow. & L. 11
N. Y. Central .. 22%
New Haven H. R. 7
N. Haven R. R. pr 13%
North Am. 19%
Packard Motors . 4%
Penney, (J. C.) .. 80
Penn R. R.27%
Phelps Dodge .
Phillips Petro .
Proctor Gamble
Pub Ser of N. J.
Pullman Co. ...
Radio .
Radio Keith . ..
Rem. Rand . 11%
Reo Motors . 3
Rep. Iron 6 Steel 18%
Sears-Roebuck ..
Simmons Co.
South Pac.
Southern Rwy ..
Sparks Wlthlntgon
Standard Brands
20%
26
62%
41%
41
7
8
64%
14%
18%
• %
4%
18%
Stand Gas 4 Bice. .4%
. 8
38%
16%
118%
31%
149%
27%
6 %
6%
11%
16%
26%
14%
51%
18
31
34%
43%
17%
19 %
22
20%
11%
14%
29%
V 28%
54%
29%
10%
67%
19
12%
23%
26%
30
24%
'114%
31%
42%
24%
40
21%
7%
48%
29%
28
17
34%
14%
15%
28%
16%
16%
29%
10%
23%
7
14%
20%
4%
80%
27%
21
27%
62%
41%
41
7%
3%
11%
3
18%
67
14%
18%
8%
13%
•to
'
Y’st’dny’s Today’s
nose Oloaa
8. O. of Cal.32 V4t 33
S. O. of N. J. 45% 45%
Socony Vacuum 11% 11%
Sperry Corp.12% 12%
Stewart-Warner .11% 12
Stone & Webster . 7 % 7 %
Texas Corp. 19% 20%
Texas Gulf _ 34% 34%
Texas Pac. L. T. 9 % 10
Timken Holler .. 49 48%
Trans. Am. .. .. 7% 7%
Union Carbide ..84 64%
Union Pacific ... 99 98%
United Aircraft ..17% 18%
United Corp. 4% 4%
United Fruit .... 72 73
United Gas Imp.- 15% 15%
U. S. Indus. Alco. 41% 43%
U. S. Pipe & Fdry 19% 19%
U. S. Rubber_ 13% 13%
l”. S. Rubber pr. . 3ti 37
U. S. Steel . 43% 44
U. 8. Steel pfd. ..109% 110
U. S. Smelt. Refin. ,
& Min. Co. 98 %
United Stores A.. . 5% 5%
Vanadium . 17 17%
Walgreen . 29 29%
Warner Bros. 6 % 6 %
Western Md. *%
Western Union .. 44% 46%
Wcst’ghouse Slec. 65 66%
Wool worth . 61 61
Worth'gton Pump 17%
Total sales . 1,000,(100 shares
DOW JONES AV11RAGES
30
Util
R
20
R.
20
Util.
11 a. m.126.89
12 m.126.81
1 p. m.127.08
2 p. m.127.26
3 p. ..128.46
34.97
34.84
34.87
34.97
35.63
25.04
25.01
25.11
25.26
25.63
NEW YORK CURB MARKET
Amer. Sup.
Cities Service ....
Elec. Bond & Shure
FQrd Ltd.
Niagara Hudson ...
United Founders . .
2. . 2%
2 . . 2 . .
12% 13..
8%
7 % 7 %
13-16 13-16
CONNECTICUT SECUK1TI
The R. F. Griggs Co.
:l
PUBLIC UTILITY STOCKS
Bid Asked
Bridgeport Gas Lt Co 3* 39
Bridgeport Hydraulic
Co. 33 3fi
Conn. Elec. Service.. 60% 62%
Conn. Gas & Coke
com. . 2% 3%
Conn. Gas & Coke
pfd. <8
Conn. Lt. & Pow.
5%<7e pfd.Ill
Conn. Lt. & Pow.
6%% Pld.115
Conn. Power Co. 43 46
Conn. Ry & Ltg. Co.
com. 41 46
Conn. Ry & Ltg. Co.
pf(J. 53 68
Kfd. Elect Lt. Co.
com. 66 67
Hid. Gas Lt. Co.
com. 43
Illuminating Shares
A. 47% 49%
New Haven Water
Co. 12
Ejuth. N. E. Tel.
Co. 116 120
INDUSTRIAL STOCKS
' Bid Asked
26
28
47
50
36%
21
4%
37%
24
5%
47
12
14
26% 28%
Amn. Hardware Co.
Bristol Brass Corp.
com.
Colts Pat. Fire Arms
Co.
Eagle Lock Co.
East. Malleable Iron
Landers, F r a r y A
Clark . <6
New Brit. Mach. Co.
com.
North A Judd Mfg.
Co.
Peck, Stow A Wilcox
Co.
Remington Arms ...
Scovllle Mfg. Co. 26%
Stanley Works Co.
com.
Torrlngton Co.
.INSURANCE STOCKS
Bid Asked
Aetna Life Ins. 66% 67%
Aetna Life Ins. *0%
Automobile Ins. 38
Conn. General . 37%
l'artford Fire Ins. .. 77%
Home Ins. 31
National Fire Ins. .. 74
1 hoenlx Fire Ins. *8
Travelers Ins.*16
3%
4%
6%
6%
28%
29%
84
31%
86
32%
40
39%
79%
33
76
91
<26
'CCNAH
The mark that idontifUs good
Brass and Copptr products
Chase Brass & Capper Cf.
*\.