OCR Interpretation

New Britain herald. [volume] (New Britain, Conn.) 1890-1976, December 31, 1930, Second Section, Image 15

Image and text provided by Connecticut State Library, Hartford, CT

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn82014519/1930-12-31/ed-1/seq-15/

What is OCR?

Thumbnail for 15

French War Hero Lapses Into
Paris, Dec. SI P Marshal
Joffre's phenomenal vitality which
carried him into this last day of the
year despite a heart attack which
threatened to end his gallant battle
last night, appeared to be exhaust
ing itself this afternoon. At 1 o'clock
he sank into a state of semi-consciousness.
Tils doctors said his
blood pressure was very weak.
Life hangs by a thread, one of
the doctors said, and death rtjay
come at any time, but the rugged
constitution of the patient may
carry him through four or five
more days. All visitors have been
forbidden to enter the sick room
but Louts Barthou. one of the mar
shal's closest friends.
Today messages of condolence,
coming from all over the world
brought the hopes of two Ameri
cans for his recovery. Chancellor
Elmer E. Brown of New York uni
versity and Franklin Q. Brown,
president of the Army and Navy
club of the United States, sent the
Routes, Asks for Water
For several hours the marshal
remained only half conscious, then
he awoke and asked for a drink of
water. He took the cup in his own
hand and drank its contents.
At three o'clock another doctors'
bulletin said there had been no im-
provement and that there was little
"The patient's condition is sta
tionary," the bulletin said, "al
though there occurred a loss of
consciosuness this morning leaving
the pulse weak with intermittent
interruptions. At present he sleeps
in a deep calm."
State Officers to Leave lor Cali
fornia to Get Man
Hartford, Dec. 31 (P State po
licemen Kuynl V. Scranton and Kllon
T. Nolan of the Danielson barracks
will leave tonight for Kan Diego.
Calif., with a requisition for Frank
Cardozza, alias Frank Kilva, alia.s
Frank Perry, who is wanted in Kill
ingly for robbery with violence, in
connection with the holdup of a
motor truck in the theft, of $6, SOU in
silver bullion.
Y The Killiiigly "stick up" was on
October G, eight men participating
in the robbery. Four have already
been returned to Connecticut toil,
Cardozza is the fifth to be nabbed,
and three others are still at liberty.
Cardozza is 23 years old and was
born in Providence, 11. 1.. of Portu
guese parentage. His occupation,
according to the police. js that of
"bootleggers' chauffeur."
Expensive Snow Balls
Tossed Into Park River
Hartford, Dec. 31 l.Ti Probably
the most expensive snow balls on
record were thrown into the Park
river here by tw o 1 7 year old boys
who are said to have confessed to
participating in nearly 50 robberies.
When they learned that the police
were on their trail the youths cover
ed hundreds of dollirs worth in
jewelry with balls of snow and toss
ed them into the stream.
They resorted to this novel means
Of getting rid of the loot to hide
their purpose, from possible onlook
ers. John Halotek and Joseph Fed
znya are the young men held for
trial. Alexander May, 17, is also
held in connection with the robber
ies and the shooting and wounding
of a police officer who attempted to
place him under arrest last spring.
Derby, Dec. 13 (P New year
presents in the way of reappoint
ment of his ntire staff of city offi
cials "with one exception, was an
nounced today by Mayor William J.
J t iordn n . who on Monday will be
gin his second administration. Tlio
one official who failed of re
appointment is Joseph V. Casey, po
lice commissioner for the past eight
years, who is replaced by Leo T.
Molloy, former judge of probate and
veil known newspaper man.
Attorney Lawrence J. Golon who
has been occupying offices in the
Schupack building since he began
the practice of law about five years
sgo moved to 303 Main street today
and will occupy the office formerly
used by Jtabinow & Kaschkow. Mr.
Golon is a graduate of the Boston
University law school.
Providence. It. I., Dec. 31 (UP)
Federal Judge Ira Lloyd Letts to
day announced appointment of Jo
seph H. Hagan. 32. state probation
otficer for the Paw tucket district, as
Rhode Island's first federal proba
tion officer.
Hagan, who is a. graduate of
Georgetown university, will aneumo
his new duties on January 15.
Increased business in Rhode Is
land's federal court, consisting chief
ly in canes involving the national
prohibition act, necessitated creation
of the new position.
Storrs, Deo. 31 (UP) Dr.
Charles C. McCrackcn will be In
augurated as president of Connecti
cut Agricultural College when the
college celebrates its 60th annivers
ary June 6-8. 1931, according to an
nouncement here. Tho celebration
viil coincide with tho commence
ment exercises of the class of 1931.
Black Lom-c Leaf Memo Book
On Commercial, Elm or
Et Main Streets
Valueless Except lo Owner
Liberal Reward if Returned to
New Britain Gas Co.
Drivers Urged to Keep
Sober New Year's Eve
Boston, Dec. 31 (P) The cor
dial greetings of the New Year
and a warning not to "drink and
drive" was extended to Massa
chusetts motorists today by
George A. Parker, registrar of
motor vehicles.
Mr. Parker said: "With partic
ular reference to the New Year
celebrations tonight and tomor.
row, I now urge all motorists who
feel that they must indulge in li
quor to put up their cars on this
occasion, and under no circum
stances to get behind a steering
wheel after drinking any kind of
alcoholic beverage, x x x."
Italian Specials
Rome, Dec. 31 (UP) King Vic
tor Emmanuel will inaugurate the
first quadrennial art exhibition here
Genoa, Dec. 31 (UP) The board
of directors of Navigazione General.?
Italiana have placed 200,000 lire at
the disposal of Premier Mussolini to
be distributed to poor tamilies with
many children. The steamship com
pany made a similar donation last
Naples, Dec. 31 (UP) An explos
ion of fireworks at the home of An
tonio Allocca almost asphyxiated Al-
locca and his young son. They
were rescued by firemen, together
with Mrs. Allocca and other mem
bers of the family.
Trento. Dec. 31 (UP) Alpine
lakes in the Trentino district weru
frozen yesterday after continued
cold weather.
Turin, Dec. 31 (UP) Roberto
Parlbeni. director general of fine arts
inspected museums and the historic
Palazzo Madama, undergoing restor
ation, here yesterday. He conferred
with the Podesta regarding new
buildings designed to house local art
Birth Record
A son has been born to Mr. and
Mrs. Sal vat ore I'ace of 15SS C'orbin
avenue at home.
A daughter has been born at home
to Mr. and Mrs. Giuseppe Nappi of
5 7 Noble street.
City Items
Masses tomorrow at Holy Cross
church will be celebrated at 7, 8:30,
10 and 11:40.
Lost White Spitz dog. License tag
N. Y., 10:9-1930. Finder Tel. 672511.
Ida Ryan Taplin of 45 Walnut
street is in Chicago attending a con
vention of the national association
of Teachers of Speech.
A regular meeting of the Royal
Arcanum will b-. held tomorrow
evening at 8 o'clock at Red Men's
hall. 277 Main street. Plans will be
made for the installation of officers
for 1531 in January.
Dr. John J. Tokarczyk today re
turned 19 birth certificates to the
city clerk's office, increasing bis to
tal for the year to 154, or 26 less
than Dr. D. W. O'Connell, who heads
the list for the year.
Hosana Elia, a widower, of 131
Sefton Drive, and Telen Envia. a
widow, of 84 Broad street, applied
for a marriage license at the office
of the city clerk today.
A special meeting of the Knights
of Columbus building association
will be held Tuesday evening, Janu
ary (i. at 8:30 o'cloek in Knights of
Columbus hall on West Main street.
The officers will present their re
ports and the corporation will be
dissolved, there being no need for
it since the Knights of Columbus
home on Franklin Square has been
disposed of.
Los Angeles. Dec. 31 W) Will H.
Hays, who returned hero yesterday
with his bride, the former Mrs. Jes
sie Sintennan of Washington, say
the motion picture Industry escaped
the peueral economic depression.
"We have successfully met the
business emergencies of the last IS
months," he said. "Confronted by
the problems which faced all busi
ness, the industry has not lost its
step of continued progress."
Los Angeles, Dec. 31 CP) Jack
Frost, dropping out of the north for
a visit to southern California, came
this year as an agent of relief to the
For twelve nights frost has kept
more than 1.000 men busy in citrus
groves tending smudge pots. Many
others have been hired to transport
"smudge" oil.
Chicago. Dec. 31. P) Bombs
are bamed for three deaths and
damages of $508,450 during 1930, in
the report of G. L. Hostetter. execu
tive director of the Employers asso
ciation here.
"Racketeers use bombs much
more deadly than before," Hostetter
Westerly, R. I., Dec. 31. (P
Edgar Potter Mason, 42, city editor
of the Westerly Sun, died last night
at the Westerly hospital after sev
eral months illness.
He was graduated from Amherst
college in 1911 and joined the staff
of the Sun the same year. His wife.
Mary Starr (Utter) Mason and four
children survive.
Philadelphia, Dec. 31. Wh-With
six bullet wounds in his head, the
body of an unidentified man was
found early today in the northeast
section of the city.
Police said he had been "taken for
a ride." and his body tossed from an
automobile to tho lonely spot. His
clothing was of an expensive and
well-tailored grade.
James Douoluie, Native of Kensing
ton, Former Resident of New
Britain, Expires in Hamdcn
New Haven, Dec. !1 WJ James
Donohue, chief rnotorman for the
Connecticut company for the past
20 years, died at His home in Mount
Carmel, Hamden, today. He was 50
years of age.
Mr. Donohue was born in Ken
sington and lived for a time in New
Britain before taking his residence
in this city.
He was appointed a rnotorman on
the street railway on January 31,
1500, and advanced to the position
of starter on March 1 5, 1902. On
June 21, 1910, Mr. Donohue was
made chief rnotorman of the com
pany, which position he held until
the time of his death. He leaves a
widow, four sons and two daughters.
It was said at the local office of
the Connecticut Co. today that Mr.
Donohue, while a resident of this
city, lived at East Main and Elm
Mrs. Leonarda Taradejna
Mrs. Leonarda Taradejna. widow
of Joseph Taradejna who was known
to hundreds of Polish residents for
his ability to set dislocated bones,
died this morning at 9:50 at the
New Britain General hospital after
an illness of several days. She was
60 years of age.
Mrs. Taradejna had been a resi
dent of this city for 20 years, com
ing here from Poland, her birth
place. She was a member of Holy
Cross church.
Mr. Taradejna, who was a resi
dent of this city for many years,
died last year in Poland, where he
went to spent his last days. He pos
sessed a gift of bone setting which
won him the reputation of being one
of the most capable practitioners in
that line.
Surviving Mrs. Taradejna are two
daughters, Mrs. Francis Qulas of
this city and Mrs. Anna Holt of
Funeral services will be held Sat
urday morning at an hour to be an
nounced later. Burial will be in
Sacred Heart cemetery.
Frank Drezck
Funeral services for Frank Dre
zck. aged 47, of Forestville. a for
mer resident of this city, who died
yesterday, will be held Friday morn
ing at S o'clock at the home and at
8:30 at St. Stanislaus' church, Bris
tol. Burial will bo in Sacred Heart
cemetery, this city.
Francis J. Hartney
Funeral services for Francis J.
Hartney, aged SI, of 96 Winter
street, who died Monday, were held
this morning at 9 o'clock at St.
Mary's church. A solemn high mass
of requiem was celebrated by Rev.
Thomas F. Lawlor. Rev. Eugene
Serafin of the St. Franciscan Order
was dea-on and Rev. John B. Mal
ley was sub-deacon.
Organist John J. Crean played tho
funeral march "Flee As A Bird" as
the casket was borne Into the
church. "Pie Jesu" was sung by
Mrs. Mary T. Crean at the offertory
and later Organist Crean tolled "One
Fleeting Hour" on the chimes. At
the conclusion of the mass Miss
Irene Baly of Hartford sang "One
Sweetly Solemn Thought" and
Chopin's funeral gnareh was played
by Organist Crean at the reces
sional. The pallbearers were John
Brennan, Edward Sweeney. Marcus
Cavanaugh, Lawrence Cavanaugh,
James Shaughnessy and James Mar
tin. Thomas Burcheri and Sebas
tiano Vinci were flower bearers.
Rev. Father Lawlor, assisted by
Rev. Father Serafin, conducted the
committal services at the grave.
Burial was in St. Mary's cemetery.
We ish to express our most sin
cere thanks to neighbors and friends.
alo Harmony Lodge. A. F. ct A. M.,
Lexington Lodge I. O. (). F.. Sons
of St. George, and Corbin Screw
Tool room for the sympathy extend
ed us in our recent bereavement in
the death of my beloved husband
and brother.
Signed. Mrs. Rosaley Durn. Mrs.
Emma Bennett, Mrs. H. J. Browne.
New York, Dec. 31 (UP) Janus
Collins of Newark helped police
search for himself while in a daze
after being separated from his
bride-to-be. He "found" himself
heaving coal in a hospital, called up
Betty, and got married.
St. Louis, Mo., Dec. 31 (UP)
Popularizing of a few lively songs
like "Yes, We Have No Bananas."
would help bring back prosperity by
serving an an antidote to discour
agement. Prof. Charles S. Skliton
of the University of Kansas, be
New York, Dec. 31 (UP) A man
in a telephone booth stole Mrs. Lil
lian B. Lind's $3,800, four years'
savings, which she was afraid to put
in the bank. She was on the way
downtown to give the money to her
husband. Charles It. Lind. of the
district attorney's office, to invest in
securities, when it was stolen.
Willimantle, Dec. 31 (UP)
Coasting beneath the wheels of a
mall truck, Charles Arthur, 4. was
levied late yesterday. Arthur H. Ar
nold, rural mail driver, was held for
the coroner.
New Haven. Dec. 31. (UP) The
appointment of R. L. Pearson as as
sistant general manager of the New
York, New Haven & Hartford rail
road, was announced today by Vice
President J. A. Droegc. The appoint.
Stocks Unable to Regain Ground,
Tumble Even Lower
New York, Dec. 30 (P) The
stock market painfully retraced its
steps down the diminishing scale of
share values during the past year
to the point where its 1927-1929
ascent became steep and exciting.
Desite injuries suffered in its
tumble from the 1929 peak, the
market courageously resumed its
climb during early months of 1930,
and actually had regained by April
almost 60 per cent of the lost alti
tude, but in its eagerness neglected
to see gathering storm clouds of a
major business depression.
The market turned sharply down
ward in June, and as measured by
share price indices, by December
had retraced its steps to the general
price level of the spring of 1927.
The average price of rail shares
reached a level not seen in five
years, while utilities fell back to
prices of only about two and a halt
j years ago.
Although extreme depression of
prices led to an assumption in many
quarters that the so-called common
stock era was at an end, statistics do
not as yet support such a conclusion.
Stock held in speculative broker
age accounts has been drastically
reduced in volume, but at the same
time, lists of stockholders in indi
vidual corporations have increased
to huge totals.
Unwilling 'Investors'
It is probable that many specu
lators have become investors against
their wishes, that is, that they have
decided to pay for their stock in
full and take it out of their broker's
hands with the determined intention
of keeping it until it commands a
price somewhere near that paid for
it, no matter how- long it may take.
Brokers state, nevertheless, that
a largo section of the public has
profited from the experiences of the
past year and a half, and now is
anxious to buy stocks at the bottom
rather than the top.
The result has been a small but
steady stream of odd lot purchases
during periods of extreme pressure
against prices.
Still Double. Values or '25
A glance at the total quoted value
of stocks listed on the New York
exchange shows that much remains
of the great bull market which
started in 1924.
The latest figure, for December
1, 1930, shows a total quoted value
of roughly $53,000,000,000. While
this shows a shrinkage of some 40
per cent from the peak reached in
autumn of 1929, it is still about
double the quoted value of all listed
shares at the beginning of 1925.
In further efforts to gain the
wider distribution of their shares,
more of the large corporations split
up their stocks, and these splitups,
together with the sharp shrinkage
of values, reduced the average
price per share of stock listed on the
New York Exchange, to less than
$40, the lowest level in years.
Turnover Smaller
Trading was fairly heavy in the
first half of the year, and the mar
ket experienced one 8, 000, 000 share
day. but nothing comparable to the
1 2,000.000 and 16.000.000 share
turnovers in November, 1929.
The 1 930 turnover on the stock
exchange was about 810.000.000
shares, against 1.125,068.620 in 1929.
The market all but faded out for
a large number of issues traded in
the curb market. The curb, further
more, suffered from the sharp de
cline in common stock financing,
since as a primary market it gener
ally introduces new shares.
Says Bay State Ruling Mean
ingless in Connecticut
Hartford. Dec. 31 P The an
nouncement in Boston by the attor
ney general of Massachusetts that
state police in that commonwealth
must have a search warrant before
an arrest can be made for violation
of the prohibition law. has resulted
in a statement today by Commission
er of State Police Robert T. Hurley,
that the situation in Connecticut is
unchanged and his department will
proceed in its established manner,
enforcing the prohibition law.
"We propose to seize liquor where
we find it, and prosecute violators
as we have in the past," said the
commissioner, who had been asked
if the ruling in Massachusetts had
any effort in Connecticut. The
commissioner declared that bootleg
gers passing through Connecticut,
whether Massachusetts bound or
otherwise, will receive scant courte.-iy
if apprehended, but rather will be
presented in court as in the past.
Hartford, Dec. 31 (UP) A ner
vous disorder was believed today to
have caused Isadore B. Cheiffetz, 25,
to escape from Mt. Sinai hospital
and drown himself in the Y. M. C. A.
swimming pool. Brothers said he
had been brooding over his long un
Torrington, Dec. 31. P Charles
L. Roraback today resigned his posi
tion as prosecuting attorney of the
Torrington city court because of
pressure of other business. Judge
George E. Hammann has appointed
Thomas F. Wall, w ho was graduated
from Harvard law school last June
and who has been assistant prose
cutor for some time, as his successor.
London Women automobile driv
ers, according to Stcnson Cooke, sec
retary of the Automobile association,
are better than men. "I am all for
the woman driver." he says. "We 1
hae 430,000 members and 60.000 j
women drivers. I II put the o'l.t"1"
women drivers against any 60,000
of the remaining men drivers any
Security Market Lifts Quietly
As Wall Street Turns Its Back
On Past Year's Disappointments
Turn of New Year Engen
ders Fresh Hope On
Firmer Basis Than For
merly. New York. Dec. 31 P Wall
Street turned its back on 1930 today
with huge relief.
The security markets lifted quiet
ly, as though rid of a mighty
burden. Although the past 12
months have largely cured the stock
market of its fevers of excessive en
thusiasm, the turn of a new year
engenders freBh hope. And in view
of the enormous deflation accom
plished, Wall Street feels that Its
hopes rest on a firmer basis than
those of a year ago, when it was
still deluded with "new era'' theor
ies of economics.
The completion of tax selling, the
prospect of a fair reinvestment de
mand from the $1,000,000,000 in
Jan. 1st interest and dividends, to
gether with somewhat more favor
able than expected mid-week busi
ness statistics, helped the advance
in share prices, which embraced vir
tually all sections of the list.
Shares Advance
Shares advancing 2 to 4 points in
cluded U. S. Steel, Westlnghousc
Electric, Bethlehem Steel. Air Re
duction, Eastman, American Power
and Light, American Telephone,
Stone & Webster, Borden, American
Smelting, Union Pacific, New York
Central, Chicago and Northwestern,
and Lackawanna. Auburn surged
up more than 8. Trading turned
dull after the first hour.
Some bankers feel that the new
year is started with an excess of
pessimism, comparable to the unwar
ranted optimism of a year ago, but
they acknowledge that this may tend
to prevent discouraging false, starts
toward recovery. So far as the stock
market is concerned, brokers point
out that even with fair improvement
in the early part of 1931, corporate
earnings will fall below the early
months of 1950, so that compari
sons will be unfavorable, and that
dividend reductions, which are most
numerous at the fag end of a de
pression, should tend to prevent any
excesses of bullishness.
Steel Also Aided
The advance in the rail shares
which greeted the announcement of
the four-party eastern unification
plan appeared to have been largely
due to hasty short covering, but
Wall street continued to regard the
developments as one of the most
constructive of 1930, and carrier is
sues were firm again todsy. Steel
issues were helped by expectations
of a seasonal pickup in ingot pro
duction in January, possibly carry
ing operations up to 50 per cent of
capacity. Even the oils were firm,
although the week's petroleum sta
tistics showed another large gam in
gasoline in storage.
The utility shares were one of the
firmer groups. The week's figures
lor electric power production snowea
a seasonal drop, but compared more
favorably with the past two years
than any previous week in Decem
ber. The decline, from last year was
only 3 2-5 per cent, against 5 2-5 in
the previous week. Freight car
loadings for the pre-Christmas week
dropped 30,633 cars, less than usual
for that week.
Call money renewed at 3 Hi per
cent, then dropped to 3, indicating
that the year-end firmness was re
laxing somewhat sooner than usual.
Total sales to 2:10
Air Reduction 99
Allied Chem . 182
Allls Chalmers 33
Am Can 112
Am Car & Fdy 26
Am & Fgn Pw S3 'i
Am Smelting 42
Am Tel &. Tel 3 73
Anaconda .... 30
Atchison ISO
Atlantic Rcf . . IS
Bait & Ohio . . 70
Rendlx Avoa . . 1 7
Beth Steel . . . 52
Briggs Mfg ... 17 -
Bush Term ... 24
Canada Dry .. 3 5
Can Pacific ... 29
Cer Dc Tasco . 2 4
Ches & Ohio . 41
C M St P & P 5
Chi S; North 33
Chrysler Mot . 16
Columbia Gas . 35
Com Solvents . 1 6
Con Gas NY , S3
Continen Can . 48
Corn Prod ... 78
: 10-2:40 P. M.
p. m. 1,453,-
17 8
3 o
2 4
7 8
Crucible Steel
Curtis Wt cm
Dav Chemical
1 4
Eastmn Kodak 143
Elec Autolite 53
-- "h
1 5
7 '
1 1 5
Elec Pw & Lt
Erie R R ...
Fox Film A. .
Freeport Tex
Gen Am Tank
Genl Asphalt
Gtnl Electric
Genl Foods .
Genl Motors .
Genl Pub Serv
Genl Rwy Sig
Gold Dust
Goodrich Rub
4 0
Grndy Con Cop 16
Hudson Motor 24
Insplrat'n Cop
Intl Cement . .
2 3
lntl Harvester 4 3
Intl Nickel ... 15
lntl Tel & Tel 13
Johns-Manville 55
Kresge Co. ... 26
Kroger Groc'y 1 S
Lehigh Valley 63
Liquid Cab'n'c 4 2
Marlin-R'kwell 23
Math Alkali .. 32
M K & T R R
Missouri Pac .
Mont Ward . . .
Nash Motors . .
Nat Biscuit. . .
. 31
. 16
. 28
. 7S
. 29
Nat Cash Reg
N T Central .
N Haven RK1I
North Am Co 65 63 64'i
Pan-Am B ... 31 30 31
Par't Lasky .. 38 37 38
Phillips Pet ..13 3 31s 13
Pub fiery N J 74 73 73 14
Pullman Co .. 60 4 50 SOU
Radio Corp . . 12'(8 12 3 2
llad-Keith-Or 16 14 lbVt 1 6 ',4
Rem Rand . . . 1 5 !8
Rep Irn & Stl 12 VSs 11 12 '4
Roy Dutch N Y 38 l 37 35
Sears Roebuck 47 45 46 Vs
Sinclair Oil ... 10 9 10
Southern Pac . 93 i 93 93
Southern Ry . 50 49 41
Stand Brands .16 16 16
Standard Gas .. 58 57 58
Std Oil Ca! .. 45 4 5 45
Std Oil of NJ 4S 47 47 '-.
Std Oil of NY 22 22 22
Stewart Werner 17 17 17
Studebaker i. .. 22 21 22
Texas Corp .. 31 30 31
Texas Gulf Sul 46 45 46
Timk'n Kol Ber 43 42 43
Union Carbide . 58 57 57
Union Pacilic 183 181 181
D't'd Gas & Imp 27 27 27
United Corp . 16 16 16
U S Ind Alco 62 60.i 62
U S Rubber ..12 13 12
U S Steel 14! 133 140
Vanadium St'l 64 63 6.",
Wabash RK .. 17 16 16
Warner Br Pic 14 13 13
West'gh's Elec 93 yl 91
Willys Overl'd .5 4 5
Woolworth ,. . . 56 55 55
( Furnished by Putnam & Co.)
Insurance Stocks
Bid Asked
Aetna Casualty 67 71
Atena Life Ins Co .... 45 5t
Aetna Fire 45 47
Automobile Ins 28 30
Conn General 110 115
Hartford Fire 51 53
Hfd Steam Boiler .... 52
National Fire 44 46 '4
Phoenix Fire 58 60
Travelers Ins Co 91 5 535
Manufacturing Stocks
Arner Hardware 44 46
Arrow-Hart & Hegeman 37 31
Billings & Spencer . 3
Bristol Braps 11 13
Colt's Arms 18 20
Eagle I,ock 30 35
Fafnir Bearing Co .... 50 75
Hart & Cooley 125
Landers. F 55 57
N B Machine 14 17
North & Judd 14 35
Palmer Bros , 7 10
Peck, Stow- & Wil .... 7
Russell Mfg Co 34 40
Scovill Mfg Co 31 3 4
Standard Screw 89 95
Stanley Works 30 32
Torrington Co 40 42
Union Mfg Co 20
Veeder-Root 24 25
Public Utilities Stocks
Conn Elec Service .... 60 65
Conn Lt & P 5 pfd 101 103
Conn Power 55 57
Hfd Elec Light 65 67
Hfd Gas Co pfd 42 46
N B Gas 50 60
Southern N E Tel 158 162
Gray Pay Tel 60 65
11 Republics Make Government
al Changes in Year's Course
New York. Dec. 30 UPl Latin
America has had a big presidential
Eleven of the 20 republics sprawl
ing between the Rio Grande, the
Caribbean Sea and the Strait of
Magellan placed their destinies in
the hands of new men. Three coun
tries changed presidents twice.
Six of the new presidents came
into power through revolutions, to
which the world-wide economic de
pression was ascribed as one of the
principal causes. The countries
where military upheavals accom
panied changes in government Ar
gentina. Brazil. Bolivia. Peru. Guate
mala and the Dominican Republic
i.tart the new year with army officers
as their chief executives.
For the presidential changes dur
ing 1930 Guatemala set the record.
That nation had three presidents .n
one week, finally leaving the gov
ernment in the hands of General
Manuel Maria Orellana on December
16 after a sanguinary revolution.
The general overthrew Baudillo
Palma, a lawyer, the day the United
States recognized the latter. Palma
succeeded to the office by virtue
of being vice president when Gen
eral Lazaro Chacon resigned on ac
count of his health December 12.
Names of presidents were -written
on the pages of history in Latin
America during 1930 as follows:
Argentina Hipolito Yrigoycn
cverhtrown by revolution Septem
ber 6. General Jose Francisco Un
burn became provision president
September 8.
Bolivia Hernando Silos resigned
May 29. General Carlos Blanco
Galindo assumed presidency of mili
tary junta which seized government,
June 29.
Brazil Julio Prestos was elected
president February 28. expecting to
be inaugurated November 15. But
railed into exile November 25. Pres
ident Washington Luis was captured
by revolutionists October 24 and
held prisoner until November, when
he sailed into exile. Getulio Vargas
took oath as provision president
November 3.
Colombia Eurique Olaya Herre
ra succeeded Miguel Abadia Men
dez on August 7.
Dominican Republic Horaeia
Vasquez overthrown by revolution
February 24, Rafael Estrella Urena
becames provision president. Gen
eral Rafael L. Trujlllo begun regu
lar presidential term August 16.
Guatemala General Lazaro Cha
con vacated presidency December
12, being succeeded by Baudillo
Palma. General Manuel Maria
Orellana overthrew Palma on De
cember 16.
Haiti Louis Porno vacated office
May 15 lor Provisional I'resident
Eugene Roy. Stcnio Vincent became
Eddy Broth ers&O?
NEW BRITAIN, 29 W. Main Street
33 Lewis Street
1920 Present Present
High Low Yield Market
American Hardware 77 59 8.50 47
Landers, Frary & Clark . . 76 60 7.00 57
Stanley Works 67 41 7.57 33
We highly recommend the above stocks.
regularly elected president Novem
ber 22.
Mexico Pascual Ortix Rubio in
augurated February 5, succeeding
Lmilio Portcs Gil, provisional presi
dent. Peru Augusto B. Leguia over
thrown by revolution August 25. Col.
Luis M. Sanchez Cerro sworn in as
provisional president August 28.
Uruguay Gabriel Terra elected
November 20 to succeed President
Juan Campistcguy on March 1, 1331.
Prices Take Upward Flip-Gains
Well Distributed
New Tork, Dec. 31 (Pi The curb
market was in a happy New Year
mood today and prices took an up
ward flip. Gains, although mod
erate with few exceptions, were well
distributed and such tax selling as
remained for the final session of
1930 was easily absorbed. Short
covering was fairly substantial.
Utilities and oils did particularly
well, but the industrial specialties
were not far behind. Such issues BS
electric, in which the moves are
normally large, soared several points.
A 2 point advance in Standard Oil
of Indiana stood out in the- petro
ueum group. Standard of Nebraska,
Gulf, Humble and Vacuum "were
also higher, but Cities Service ruled
around 15 for not much change.
Miscellaneous shares up a point or
more included Technicolor, "Western
Air Express, Newmount, Niles Be
ment Pond, Anglo-Chilean Nitrate
and New Jersey Zinc. Investment
holding company issues received
support which was especially evi
dent in United Founders.
Money rates eased. Call loans re
newed on the curb at 4 per cent but
went to 3'3 shortly after noon.
Domestic Bonds Remain Under
Influence o! Good Demand
New Tork. Dec. 31 CP) Firmness
characterized prices in the bond
market today. Despite the holiday
activity was at a good pace although
not comparable with yesterday when
the high mark of recent months was
Corporate domestic bonds remain
ed under the influence of a good de
mand and continued to improve.
Tax selling was virtually ended ex
cept for a few sales and weight was
lifted from the market, which has
served to make the movement ir
regular. Bond circles regarded the agree
ment reached by the four eastern
systems a.s a fortunate develop
ment that should serve to stimulate
acmumulation of carrier obligations
generally that have suffered from a
lack of confidence among investors
who ignored the strong fundament
al conditions favoring a further rise
in prices of investigament obliga
tions. Sonic good gains were regis
tered by railroad bonds although
advances were limited to fractions
following the sharp upturn jester
day. Interest in government obligations
centered ill liberty bonds. The 3',-s
and first 4 l-4s firmed although
they did not duplicate the peak
prices last fa". The treasury obli
gations are virtually the only class
of coupon bearing securities in the
list and market that close 1530 at
the top of the year's movement.
Domestic bonds as measured by the
averages have recovered only a
small part of the ground lost in
the December decline. They stand
at 94.7 compared with a low of 32.6
and a year's peak at 101.9.
A fairly steady tone marked for
eign issues, small gains and losses
being evenly divided.
West Hartford, Dec. 31. IPi
George A. Ray, vice president of the
Taylor & Fenn company, and former
vice president o the New England
Foundrymen's association, died late
last night at the Hartford hospital
after a week's illness of pneumonia.
He was 55 years old.
Bridgeport, Dec. 31 (CP) Peter
P. Abrahamson of Norwalk petition
ed superior court today to annul his
1 -j 1 9 marriage to Edith Abrahamson
of Bridgeport on the ground he re
cently had learned she was the wife
of Charles Little of Low Hampton.
N. Y., when she wedded him.
Vineyard Haven, Mass., Dec. SL
(Pi The schooner Albert H. Willis,
of Boston, grounded on East Chop
early today. The schooner, laden
with coal, was bound from Hoboken
for Lastport, Maine. Three coast
guard vessels and tho lighthouse
tender Anemone were assisting her,
and it was expected she would be
taken off without damage,
43 Colony Street
Wall Street Briefs
New Tork, Dec. 31 World pro
duction of lead in November de
creased to 145,107 short tons from
152,616 in October, the American--bureau
of metal statistics reports
The November figure also showed a
reduction when compared with lit,-
506 tons produced in September. -
A gradually expanding volume of
business can be anticipated durinr
the early months of 1931, in con
trast with the last quarter of 193(1,
Standard Statistics Co. says in a sur
vey of sales and credit prospects.'
"However," the survey says, 'atren-'
uous efforts will be required to over
come continued strong consumer re-
sistance. and price will be the para
mount factor in most transactions.
As compared with the opening
months of 1930, aggregate business
volume in the initial quarter of Ufl"
probably will experience a decline 61
at least 5 per cent.
The No. 2 blast furnace at tha
Haselton plant of Republic Steel"
Corp., has been placed in produc
tion, the first stack to be added to
that distrief's active list for several
Electrical production by the Elec
tric Light and Power Industry of
the United States for the week end
ed December 27 showed a decease
from the week before because of tire
Christmas holiday. The National
Electric Light Association reports.
The total, 1,646.346,000 kilowatt
hours, compared with l,765,58S,C0u
in the previous week. The figure
for the period this year was 3.4 per
cent below the corresponding weeit
last year but 7.8 per cent above
the figure for the like week in 128.
Markets at a Glance
By the United Press. - -
Stocks make gains of 1 to 6 points
despite profit-taking. Trading quiet"!
down in late afternoon.
Bonds higher; rails in heavy de
mand. Curb stocks rally under lead ijt
oils and utilities.
Chicago stocks higher.
Call money drops to 3 per cent
from renewal rate of 314 per cent
Foreign exchange lower.
Wheat sells off from highs; corn
and oats steady after dip from early
Cotton futures steady around pre
vious closing levels in pre-holiday
Rubber futures quiet and steady-
Notices were posted at the plant
of the New Britain-Gridley Ma
chine Co. today that the factory
would suspend operations until
January 19.
Real Estate News -
Nicola Badolato has leased to
Leon Gorski, doing business as tire
Universal Grocery store, a store ana
cellar at 144 Oak street for one year
at the annual rental of $420, wit
an option to renew the lease for
five years.
Andrew Partyka has leased to
Alexandra Janik and Mtchalina
Ziulkowski the bakery in the rear
of 182 Broad street, the store at 1811
Broad street and two garages fer
one year at $1620. "
Property on Monroe street his
been transferred to Harold E. Swan
ton by a certificate of settlement of
the estate of his father, Bartlett E.
Tork, . Dec. 21 CP) Foreign
exchanges irregular. Great Britain
demand, 4. Si ; cables 4.85:
day bills. 4. S3 11-4: France demand,
3. 92; cables, 3.92?i; Italy demand,
5.23Vi ; cables, 5.23H-
Demands: Be'Tium 13.96. Ger
many 23.80. Holland 40.25. Norway
26.72 ,j. Sweden 26.78. Demank
26.72 'i. Switzerland 19.SS. Spain
10.52. Portugal 4.50. Greece 1.29.
Poland 11 25. Czechoslovakia 2.96.
Jugoslavia 1.77 Austria 14.07.
Rumania 0.50 . Argentine S2.25.
Brazil 9. SO. Tokyo 49.51. Shanghai
34.37 Montreal 99.S5?i. Mexico
City (gold peso) 47.30.
Great Britain in dollars, others in
Treasury Balance, ?317,370,18.
New York, Dec. Si (UP) Bank
clearings $1,396,000,000; cleariftp
house balance, $143,000,000; Federal
Reserve Bank credit balance $104-,-000,000.
Boston, Dec. 31 (UP) Baffk
Exchanges $86,000,000.
Balances $37,000,000.
18 FAMILIES FORCED OUT -Springfield.
Mass,, Dec. 31 W)
Fire in the basement of the SL
James apartment block in State
street this noon forced 18 families
to the street. Damage will reach
several thousand dollars. Two fire
men were cut ofT by the fire on tikf:
second floor but groped their way
to a window and were rescued Ky
means of a ladder. Firemen uc
ceeded in confining the fire to one
siri nf the block but th entire
building suffered heavily ty smoke.

xml | txt