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NORWICH BULLETIN, FRIDAY, DECEMBER 15, 1922
II FINANCIAL AFD COMMERCE httXXXT WAS UNSETTLED. , ' Nr York. Dec li. Prof eslonal op erators for the decKne, acting on the belief that the recent advance had been overdone, attempted to unsettle prices In today's stock market, bqt were only portSallv soeeessfuL They succeeded deBrestflngri a' few speculative suck, is Baldwin and Stndebaker, fresh 'bujinn in favorites but tlon of Britain's domestic financial af fairs. .... " Steel shares were bid up in rapid fashion during the last hour, buying being- lnfiuehced by the encouraging 1 prospects tor business during the . first quarter of 123 contained in the -weekly trade reviews. Crucible was pushed up 4 points to 72. the rapid rise of thi issue beine accompanied by reports of I renewed activity of the old pool in that for the 36 day period. Commercial pa per trading was quiet with no change in rates. French exchange was. quite active with most of the business being done aronnd 7.18 or S po.nts above yester day's price. Other rates were irregu lar. German exchange improved slightly despite the unprecedented weekly increase of 92,000,000,000 marks in note circulation. power in otner ' quarters i stock. United ' States Steel common made closing pnees highly irrefular i touched 106 and then slipped back 1-8 ior net aui 1 with the gains outnumbering the losses. Sterun eschaiure, wnicn nas oeen one of the features of recent market became of its remarkable Hse, hela steady today around $4.(2 S-S. Opinion f financial expert- is divided .as to whether British government manipula tion waa responsible for the recent : jump, but there is a general belief that the rst is headed back to par aa a re sult of the constant improvement in the British trade balance and the stabilisa- day. The Beneficial Loans For You TOitr end the anrjro&enine holldayi brink financial problem to tbosa of us tn h no bank ac counts or secnriUsai 4 TbM ii tun! to boy. tha children ncd, warm clothing, family and Menis should he remembered with pitta Mitt these AbligatlbmV thft Bene flciaJ. . W ay Conso IMate, your debts aavdv fca them oft in six to fifteen install mgnts. , . . Confidential Loans tip to OAU. WRITE. 0$ PHONE Beneficial Loan , -Society - 6$ STATE STREET . '''ftiwvMAi!iiri"iaiLdifiQ'' KErVXONOON, CONN. MSassMSffli . sj asssassaMasasssssass STOCKS. The following is a summary of the transactions on the New York Stock Ex change up to X P. M. : Hhrh. Allied Chem 79 hi Allis Chelm 43 H St. Am Ag Chem .... 21 Am Beet Sugar .... 41 Am Bosch Mag ... 3S Am Can H Am Can' pr 112 Aim Car & Fdy . . . 188 Am Cotton Oil ....1S Am Cotton Oil pr . . 37 1-2 on the Bethlehem B closed 1 3-1 higher. ports of Increased produotlon by farm implement manufacturers caused a flur ry of buying in International Harves ter, which Jumped 4 points to tl, 1-2. but cancelled half of this gain before the close. Mixed changes to place, in theraO-. road group, whleh--waii featured by th broadening demand for Reading and Chesapeake and Ohio.' Publication of the eight months' income statement of the latter, which showed a net profit after payment of .the dividend on the new preferred stock, equal to 8.80 per cent an the cwrrmon, or at the rate of It per cent annually, stimulated buying of that stock, which closed at a net gain of I i-8 points. Reading regis tered a net gain of 1 S-8 and jersey. Central, which indulged in wide fluctua tions, was up J. . New Tork' Central got adwn as low as 92 3-4. but rallied to 9 at the close, recent selling being based on the failure of the directors to increase the regular dividend rate. Northern Pacific dropped 1 3-8. A bear raid against Plggly-'WlSSlT caused a ahum? of 10 points, half of. which was recovered later. National Lead, whxjh had been bid up In specu lative anticipation of a stock dividend, dropped as low., as 121 8-8. or 8 3-8 bar low yesterday's high, when the directors adjourned today . without taking . any stock dividend action. It rallied to 124 8-4 at the close, where it was off 2 7-8 6 the day. Marine preferred reg istered a net loss et t 1-8 points on re ports that the shift subsidy bill- would be sidetracked in congress in favor of the farm credits measure. General As- fkR recovered S (18 and the preferred 8-4 front yesterdays heaviness. Bald win closed 7-8 lower and Studebaker Baft. v Call money held at 4 per cent throughout the . session. ; Time money was slightly easier, a' few 60 and 93 i Gen Mot Deb 7 p c 98 day maturities being arranged at 4 7-8" Hupp Motor ..... 25 ' P rcent with 5 per cent the ruling rats Inspiration Cop ... 35 tor the longer, maturities, and 4 3-4 jlnt Harvester ... 91 H Am Hide A Am Tel & Tel ... Am Tobacco Am Woolen .. . Anaconda Cop . Atch T S F .. Bait & Ohio Bait Ohio pr . Beth Steel Beth Steel (B) , . Beth St pr 8 p Brook Rap Tr . . Brook R T ctf .. Butte Cop K Z ; Bute & Sup . ..." Canadian Pac Cent Leather . . . Cent Leather pr . Chandler Motor Ches & Ohio Chi Gt West Chi Gt West pr Chi M ft St P . Chi M 4V8t P pr Chi & N"west . Chi R I & P .. Chile Copper Chino Copper ; . Cosden . . ..... Cosden pr ..... Crucible Steel Crucible, pr .... Dome Mines .. Erie .. Erie 1 pr ...... Fisher Body Fisher Bdy (6) Geh Electric Gen El special . Gen Mfur Gen Mot pr Gen Motor Deb 10, .125 ..158 .. 7H .. 49 -.101 .. 42 ..59 ..63 e..lllA .. 15 ..13 .. 9 .. 31 ..144 ,4o 4 - ... 68 ... 4- 9 23 . -..-85 . ... 79 ... 82 ..i S7 ..94 ...50 ...100 ... 72 ... 90 i.'; ... 10 ... 15 .. 20? ...ii ... 11 ... 14 ... 85 :. 83 Low. 78 43 30 41 35 72 112 187 18 36 10 124 155 9 48 101 41 58' 62 83 111 14 9 31 1 , 83 70 63 , 66 4 r .: 78 82 27 24 -49 100 67 ?9 43 10 m 98 181 M 13 . 85 83 98 25 33 87 Close 78 43 30 HH 86 ,78 l8t 37 10 124 156 97 48 101 41 69 63 4 ii 15 12 9 31 144 Int Mer Mar 11 11 11 Int M Mar pr 61 48 49 Int Paper ........ 53 53 53 Kennecott 3 36 36 Lehigh Valley ... 63 8 - 63 Mex Petrol 243 240 241 Missouri K T ... 10 10 10 Mo K & T w 1 15 14 15 Mo K 4 T pr w i . . -40 39 39 Missouri Pac 16 16 16 Missouri Pac pr ... 43 42 42 Nat En St 65 65 65 ' N Y Air B 48 48 48 N T Central 94 92 93 N Y N H & H .... 22 21 21 Penn R R 46 46 46 Pierce Oil 4 4 4 Ray Con 13 13 13 Reading .79 77 78 Reading 1 pr ..... 61 51 51 Reading 2 pr 52 51 52 Rep I & Steel .... 47t 46 47 Rtp I Steel pr .. 83 82 82 Bbuth Railway ... 84 .2.3 24. South Ry pr 64 64 64 South Pacific ..... 86 'J $6 86 Tob Prod 56 "54 56 Tob Prod A 86 80 83 Union Pac 138 137 137 C S Rubber 53 V. S2 52 U S Rubber pr ... 97 97 97 U S Steel 106 104 105 U S Steel pr T21 121 121 West Un Tel 112 111 112 Wesfhouse A B ...105 104 105 West'house El ... 69 69 69 Willys O-lahd. ... 6 6 Worth Pump S3 13 33 .3? -70 B6Xb MAfeKET. RUN DOWN PEOPLE NEED RICH BLOOD YOU never heard a doctor say, "He is all run down, but his blood is pure and rich." The best thing the biggest thing that Gude's Pepto-Mangan does is to purify and enrich your blood. Then those weary, run down, dragged out feelings will disappear, and the old time vim and "pep" come back again. Get Gude's Pepto-Mangan today. At your druggists liquid or tablets, as you prefer. Gude's Pepto-ahgan Tonic and Blood Enricher meat -6's also were active and higher. uie latter clrmDine 1 3-S, Elsewhere in the- railroad list the changes were mixed. Carolina. Clinch field and Ohio 6's Improved 2 points and Kronen St. Paul refunding 4 1-2's. Chicago and Sweden piortnwestern 3 l-2'S, "Katy" adjust- Denmark ment 5's, St.' Paul debenture 4's and Si. Norway ' " t ., , a aua.n.cu A UllnPCe To Holders of United States Victory 4 Per Cent. Notes Called for Payment December 15, 1922 All Victory 4 Notes, of Series A, B, C, D, E and 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. We will collect and credit to proper account all of these Notes now held by us for SAFE KEEPING. The Norwich Savings Society 1 1-4 while St Paul 4's of 1925. the general 4-. 1-2. Louisiana and North- New York. Dec. 14. Heavy trading In United States government securities, ihcet of which registered losses:- fea tured today's . irregular .bond dealings, western s's, Kansas City Terminal 4's. which :wer hearlv doable those of any Nw Tork Central 4'S of 1934 and Xor- ?3 ) previous day this week. terty 3 1-2's folk and Western convertible 6's reg'5- "t improved 8 cents on Jieo ana tne tnra lerea losses or i to i 1-4. 4 1-4's, 4, but the second 4 ltf's drop- Cerro De Pasco 8's were the feature I 9 22 35 79 82 27 '' 50 101 72 - M 41 10 .15 to 93 tl 11 Argentine Brazil . . .. .0016 ..26.85 .20.73 ..19.00 .. 1.35 ..86.25 ..12.0 24.60 19.20 15.30 4.25 75.20 METAL MAEKIT. New Tork. Dec 14. Copper stead- electrolytic spot and features 14 gl lr4 ; tin. firm, spot and nearoy 37.50 ls,i 16. 1 of -the . industrial Tit showing lower and then rallying 2' points to alS7-75; utur:s cm steady. prie new hurh record for the year. United an?:J; lead steady, spot 7.10 ped 24 cents and the new w:Ui' the other active issues losses of. 2 to 10 cents. Strength of Brazilian bonds was" the States Steel sinking fund 5 s got up M 7-15 ; zia auiet' tmis s!c an'1 outstanding develomnent in the fore; en with.n a point of the vear's hleh and n'toy delivery, 7.1507.25; antimony. list, .the 7 1-2's improving 1. 1-? 'iSrii Republic Steel 5's were pushed up 1 1-2 the' large t ItS's, .2 points. Chinese 8's . points. . Beth'.ehem Steel refunding 5's dropped 1 3-t'. Other changes were j dropped 1 3-8 but recovered their loss fractional. ln response to the rally in stock prices. f new wheat from Argentina lookel .or until the end of January. Shorts in the corn market were flur ried as a resu'.t of heavy buying on the part of a big elevator interest. Rela tive smallness of stocks of com hers attracted notice, and so, too, did falling off in primary receipts as compared with a year ago. Oats followed corn. For the most part, the provision arket was easy owing to weakness of tog values. ntras urstia Market. spot, 6.3766.62 ..Overnight announcement of .the. plan 1 Atlantic Fruit . 7's. Cuba -Cane 8's and S3 98 25 33 89 uic. uio.li . . . - of the St toua ind Sah . Franelscor aa, f1""" euiming t s were ac-. closing railroad to take over the International uwara sine wnne Kemmg- loan 4 .a r.tt v.rfhr3 snHed in .heavily- ton Arms. 6 s and Brooklyn Rapid Tran erpanded dealings In the' adjustment . Total sales (par value) were 324,- V3J,UUU. Announcement was made that tti- 1-2 per cent government. sixes of. the latter road, which ad vanced 3 poihts -and then reacted 1 I Under the plan the purchasing com- 13 i cany agrees to guarantee to holders of 313.000,000 bfferinff of 4 35 irhe adjustments annual payments of .at bonds oi the Philippine KO!TEY. Xew, Tork. Dec 14. Can monT. steady ; high 4 ; lonr 4 ; ruling rate 4 ; bid 4; offered at 4 1-4; la it call loans against accoptanct-s 3 3-4, least 3 per cent up to January 1, 192S which were put out today at 98, had I when - the 6 per cent rate . beeones been - oversubscribed and the books "cumulative, the bondholders to give an closed. The U-ue of 312.000,000 of 7 option on their holdings at 90 unt t per cent preferred stock of the M. 1928. Frisco prior Hen 4 s and adjust marxet yesterday, also was oversub scribed, COTTOlf. New Tork, Dec. 14. 6 pot steady, middling 25.75. cotton CHICAGO GBAIX MARKET. Chicago, Dec 14. Renewed general buying carried wheat, corn and oats Wheat irgh bow Closa Dec ... 125 123 125 Hay ... 124 122 123 July ... 115 113 114 Corn Dec ... 76 72 76 May ... 74 72 74 July ... 73 73 73 Oats Dec ... 6 44 46 May ... 47 45 46 . July ... 43 41 43 LimL G. Ely is still confined to V.a Bradun of Essex is attending Dr. room. Dr. him. Mrs Jared Danle's, Pr.. and daughter Hanna company, which was put on the season. Sleet in Kansas and predic- i "IZSZ? k.. .12 .v.h,. tions of a cold wave had more or less the ason last week. to do with stimulating demand in the Mm Clarence Lee was in Essex last wheat market. Wheat closed unsettled Monday at the same as yesterday's finish to 7-se j Mr. ani Mr8 James Croft spent "iy i- w x. una ju.j ThanVselfin? with relatives ln Merton. IJberty Bonds. High. Iw. U S Lib 3s ..100.38 100.26 U S Lib 1st 4s 99.00 98.80 U S Lib 2d 4s 98.50 98.26 U S Lib 3d 4s 98.92 98.80 U S Lib 4th 4 98.74 98.62 Victory 4s ...100.46 100.42 Do called ..100.02 - 100.00 Treas 4s ... 99.84 ' 99.98 Quoted in dollars and cents per 3100 bond. Clou 100.32 98.96 98.30 98.81 98.66 100.43 This is the season tf glad tidings and good cheer, happier. -1 - Foster it all you can and make your trwn home brighter and ' Brighten you home with new Furniture not f or just one day, but for the whole year 365 days. Furniture ' makes a useful gift a durable one, too economical, if bought at SHEA & BURKE'S -for both the giver and ' tha one irecemng. , ' Briiiff Christmas Cheer to the;;T ; : tiz .iiK-v y'iftr,-.. .rjs-. tt.f v. '.i. -...- y ;;;I4virigRoom;::r.. A new wite, whether of leather, tapestry, velour, or mohaari wifl cheer this favorite room up. AO the year you will reap the pleasure of your choice. We have a fine- stock to suit all purse--from $37.50 up. Perelsn Exchange. With the exception o: sterling, al quj.tioiis arB la cents per unit of" foi ign cuTeney; Sterling I Demand . . . . Cables Francs ...... Guilders .. . . Marks ... ..... Lire . . ...... Pesetas Swiss francs . . , Belgian francs Testerday. ....34.64 .... 4.64 i... 7.19 ...40.05 0131 ... 5.01 ....15.73 19.01 6.64 1.14 5-8 to 1.14 3-4. Com gained 1-2 rt 5-8c to 2c 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 100.00 wheat market became pronounced. Bo- 99.98 j fore that time, prices here averaged I lower, with profit-taking sales a tea ture and the buying restrained in view of unresponsirjness apparent in Liv- I erpool toward yesterday's advance on I this side of the Atlantic On the decline I here, however, offerings diminished, and j commission house demand Increased, ' m l hnl Tmtlnv KfrAU ri talk nf nmn.-. xear i - -e. . . tiva damaee to tha domestic winter i Qy K . " - - , 34.17 jcrop. 4.11 7.93 Miss Carrie Bill and Miss Marjorie were in Old Lyme last Sunday night. Miss Ada Harding who is teach ng ln Derby, returned home last Sunday on ac count of illness. 36,36 .53 4.55 14.95 19.38 7.70 WILSONVILLE Mrs. Kate Haggerty and son attended the funeral of a relative in Webster last Saturday. Mr. Lebuqne moved with his family to Providence last week. Mr. and Mrs. Herman Barnes of Fa by an were guests of Ida Childs Sun. iy. ' 1 Austin L Kingstmry Tuesday attended kt. n. .,a tne ranorai oi nis oroinoi s wnt sua. disDosed of 80.000 barrels of flour today Ne"ie Doane Kingsbury, ln Spencer, and were buying wheat here on the set- J backs in price had considerable infta ence as an aid to the bull side of tne wheat market at the last. Besides, tne Argentine harvest was reported as be ing delayed, and no heavy movement Mr. Bixby of Worcester visited his mother here Wednesday. Give some men a fair start and they will take an unfair advantage. ten Up the Dining Room this room Vin be the center of the day activities. A new set of walnut or mahogany will make the dinner taste even better. ; A new table or set of leather seat chairs will help too.. We have a fine selection to choose from. : - vv : " ., For Dad or Him An Easy Chair, t lay off in after a ittf of toil. Prac tical, useful gift. Smoking Stands A eomplets stock o Smoktri' Stands and Traym all styles and alias at a prieo to pleas $1.75 up ' : FOR THE KIDDIES Hoo.aiE5 ... : . . m up hand cars tire up wagonsv...s $35 up Velocipedes $3.00 W KIDDIE-KARS $U5 UP AUTOMOBILES .... ?3X0 UP. DOLL BEDS ROCKERS FOR MOTHER A new stock of Kitchen Cabinets, just received., this Useful gift will save her milei of steps and ever call to m i n d the giver. FOR HER A Hope Chest of Cedar or a Martha Wuhington Sewing Cabinet all sizes and finishes can b foUnd w here at prices froi $17.50 up the Tint Lme cf DOa CARRIAGES In the City. HIGH CHAIRS iREAT ARMY GOODS SALE AT THE ,;;;;FIoorlamps for Gifts , lutuul '5ili ha3es of rose, bine or gold. 1 fXf's'C't 3' f- AjchoWcshapesand tiies. LAMPS 1 - rAj3rw ebmt ju.itieceivefj---4test styles to fitAmy-pTir Scme have silk shades. 1" M' t Mm l ...fcTMliMii'ii mi miii tiMmavu&iitiik . Furnittsre Gifts THit Pleio ) LIVING ROOM SET RCTURES I RED FUitNTTURE ' POLVCHRdM MIRROR : 1- RECLINING CHAIR . . VVRTTITIG DESS BOOKCASE , xINEt DESat WINDSOR CHAIR lr&WBfe MACHINE' ' 1 --'.'- - GLENV700D RANGES ': 2Z Z7A7 MAIN STREET NORWICH, CONN. QUALITY FUllllJRE 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 Less Than Government Cost Just Arrived I Extra Special HUNDREDS OF PAIRS A Wonderful Gift to Any OF HOOD'S RUBBERS ' M! S0. , - i O. D. DOUBLE FRONT At $1.35 AND ELBOW REGULA- - ' ' i ' TION SHIRTS army munson last at $195, $3.45, $3.95 SHOES Buy Her a Set of AO-Wool Just the Shoe for Cola and Army Blankets, and .Make Stormy Weather Her Happy At $4.50 At $323 and $3.75 ": - ' ' ARMY SUP-OVER Just Arrived At$L95 SEVERAL CASES OP At lA ARMY OFTFICEFVS ANT DRESS SHOES WtSI0N At$4i0; : At $325 rrr... ri irsaaa WEN'S ALL-WOOL ' welUknoWN KeRmaN coat sweaters NAVY DRESS SHOES ,r VaHe $10XmT army all-wool UNDERWEAR, AT.. 75c ALL-WOOL ARMY SOCKS, 3 PAIRS. . $1.00 NAVY PEA JACKETS AT $1030 ARMY MACKINAWS AT $175 Buy Him a t . BEAUTIFUL RAINCOAT And Make Him Happy GENUINE COWHIDE BOSTON BAGS, AT $135 DRESS SUIT CASES AT. . . $1.45, $L9S, $Z25 GENUINE GOVERN MENT LEATHER JERKINS, AT..... SHEEPSKIN COATS, 4 Pocket, Mole Top ana . Round Belt, at. . . . $1030 Attention. Auto Drivers and Hunters! A LEATHER REVER SIBLE COAT;;.. $lt33 : ' "V $40.00 Value '; - DONTT FORGET' VtSiALSd CARY- A FULL LlllE OF HATS, CAPS, GLOVES, WORK PANTS,1 LEGGtNS, PACK-CARRIER, KNAPSACKS, CAHTEENJ, MESS KITS, AND HUNDREDS OF OTHER USEFUL GIFTS FOR CHRISTMAS GIFTS. W SURPLUS GOODS G U.S.A 0; 35 BROADWAY NORWICH, CONN, 820 MAIN STREET VvULEIANTIC, CONN.