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THE BRATTLEBORO DAILY REFORMER, SATURDAY, DECEMBER 30, 1922.
o Si ALLY'S TRANSFER GARAGE Ends St.. Brattleboro, Vt. Id. 5S-W Drive up ask us to clean out your crank caseandfillwithTexaco Motor Oil, the clear, clean, full-bodied lubricant. ) We're always open day and night. Texaco oil and gas and service will please you. TEXACO You'll get: Cylinder Walls brighter Spark Plugs cleaner Bearings cooler Wrist Pins quiet Piston Rings snugger Compression positive Power greater Carbon less Maintenance lower with Texaco Motor Oil Run f " Save wi ran TEXACO 3TEXAC0 GAS jff 01 0)ntionaiT(0 as5ociat10m U OF J rilfSU?MCE May the New Year bring to each member of this community their full share of Health, Prosperity and Happi ness. Walter S. Pratt Insurance Covering Every Need American Building Phone 759 Motor Ether Increases the power and en ergy of gasoline and insures a quick starting and smooth running engine in cold weather. Also used for priming and starting. C. F. THOMAS - Druggist , BRATTLEBORO, VT. BROOKS HOUSE G; E. Sherman Manager FIRE and LIFE Insurance Strong, Reliable Companies Sanford A. Daniels Crosby Block, Brattleboro Inninif nr vrArvo ntvo ur IHrltVO FINANCIAL WORK Stock and Bond Prices Close 1922 at Materially High er Levels PRICE ADVANCES EXPECTED NEXT YEAR Foreign Political Disturbances Only Menace to Business Improvement Much Money for Commercial Credit Available Merchandise Stocks Low. NEW YORK, Dec. 30 (Associated Pre.s). Stock and bond prices generally close the year at materially higher levels, which is not only a reflection of the marked improvement that has taken place in business and industry during the lat 12 months but also construed by conservative New York banking inter ests' as an indication of still further proftress in the coming year. ' The year closes with conditions favor able for a further appreciation of com modity and security prices in the opinion of the financial community. unfavor able and nuespected developments in the political and economic situation abroad are generally considered as the only prob able obstacles to arrest the improvement in the business and financial world, which began in the summer of 1921 ,nnd has continued, with few temporary in terruptions, until the present time. The prediction of further business prosperity is based on several known facts. Foremost anions these is the easiness of the money market and the hiifie sums available for (-ommercial credit. In addition most stocks of mer chandise are low, railroad traitie is close to record levels, exports are increasing, the principal European exchange are heading back to par and the European economic situation shows signs of im provement, exports are increasing and unfilled orders for railroad equipment are the largest in years. Other favorable signs are seen in the facts that no big strikes are threatened or pending, a great amount of construction work is still in arrears despite a record breaking year oi activity in the building industry, auto mobile production reached a new peak which probably will be exceeded next year, while gasoline consumption,-ha u thp hi?hent in kistorvaud eleorri companies are doing a record business I ., i r . i : ...... approximately 2'O.0OO.0(K) shares as compared with 171,00).UX) last year. 223.U00.000 in 1120 and 307,!MNU0O in the record-breaking year of 1010 when post-war inflation was at its height Bond sales this year reached the unpre cedented total of approximately $4.ir", 000.000 as against :i,for.000.0M) in 1021. $,t.045,0HUHK) in 1020 and $3, 775.04lO.0OO in 1010. While most industries showed substan tial recovery from post-war inflation, the number of failures during the year w;u the largest on record and the volume of liabilties next to the largest ever re corded. Severe lalor troubles, particu larly the miners' and shopmen's strikes also had disastrous effects, costing eacl of the principal railroad systems mdliom of dollars and even more to business gen erally. For the first time on mun! there was marked shortage of ir.anua' labor, due in part to tLe restriction of immigration, whereas in 1021 the mini ber of unemployed was estimated ac high as 4,000.000 or 5,000.000. Crops, with few exceptions, were of record size and the higher prices brought vastly greater purchasing power to the agricultural regions, particularly the South. Exports as a whole were the smallest since 1015 although in Novem ber they were $b0,00O,O00 over those o' November. 1921, and the highest sine March, 1021. MORNING PAPER BRIEFS Death ,at Emmitsburg, Md., of Sterling Gait, brother-in-law of Mrs. Wood row Wilson. , Gales continue to whip North Atlantic, intensifying fears for at least two freighters. Swiss friends of Max Oser say., that he will marry Mathilde McCormick some time in January., Prohibition Agents uvow determination to make. New Year's observance least wet iu New York , city's history. William CWgruve deplores that Irish Free State must ue more drastic repres sive' measures to curb "rebel"' groups. Tames M- Beck tells New Yorkers that in l.SNO American men were better citi zens and fathers than they aro today. Paris gets, authoritative word that United States will avoid, participation in next week's conference "of. allied pre miers. . ' , Pancho Villa. American flyweight champion, again goes out of his class and defeats Terry Martin, Providence ban tamweight. William T. Tilden, national lawn ten nis champion, is encouraged by first workout on courts since partial amputa tion of finger.. Secretary Hughes at New Haven. Conn., proposes international commission of eminent financiers to fix amount of German reparations. Harvard medical expert is convinced that infantile paralysis is spread by rats and fleas and fears soon another severe outbreak in United States. . British government withholds issuance of New Year's political honor list until it has been settled whether proper candi dates have been recommended. lime. Sarah Bernhardt sends message to American friends that she is a long way from dying and declares she will return to stage next Wednesday night. United Mine Workers make public plan for nationalization of all coal mines in United States at first cost to govern ment of about four and a half billion dollars. President Harding, as New Year's gifts, expects today to commute , sen tences of 12 or more offenders against war time laws, but it is denied that there will be general amnesty. New England Briefs. McGill university of Montreal defeats Boston Hockey club at hotkey in Bos ton. 5 to 1. Monthly review of Federal Iteserve bank. Boston, says upward swing of gen eral business started by building indus try activity will continue in all proba- Hty into 1923. ..iiddlebury to get 3,900 Acres MAN BLIND FROM BIRTH ASTRONOMER Joseph Caldwell, 46, New Sophmore Ir University of Michigan Studies Ssychology Also, ANN ARBOR, Mich.. Dee. 30. Blind from birth, with his conception of the heavens formed by descriptions from others. Joseph Caldwell of Indiana, Pa is studying astronomy at the University of Michigan in order that he may meet the scientifical requirements to permit him to be graduated from the Collegi of Literature, Science and Arts. Mr. Caldwell, a sophomore and 4C years old. is doubly handicapped. In addition to his blindness, he lacks the mechanical aids for the study of as tronomy that often are afforded students who take up other studies. Blind stu dents of astronomy are so rare that there are no text books with raised type. Therefore, he depends upon fellow stu dents to read his lessons to him. So pro ficient has he become, his professors say, that he frequently memorizes a les son by hearing it read only a few times. In addition to astronomy, Mr. Caldwell is studying psychology. German, French and Italian. lie ranks as one of the most adept students in his classes. Fully one hundred named sorts of holly are known to cultivation, and nearly two hundred wild varieties are known to the botanist. nate Refuses Battel! Gift of Mt. Lin coln for National Park Goes to College Now. WASHINGTON. 1h 30. Middle ury college appears to be the gainer b he action of the senate in declining t; ffer, in the will of Joseph Batfoll, o diddlebury, Vt., of 3.000 acre of land ituated in the towns of Lincoln an. Aarren. for use a u national park. 1 i stated that the alternative plan in t! vill deeds the land to the college. T! ictioii of the senate h.ts yet t li rar ed by the boue. but such procedure i xpeetnd. The resolution to' decline the offer he late Joseph Battell was made 1 y S tor Stnoot of Utah, chairman of the con littee en public' lnnds and surveys. TS esolution declares that it is deemed xpedient" to accept the offer. The prep sition had been before the committee f early two years. .Mr. Battel! attached, as condition-; t is offer, provisions that the nation oyernment should construct and iua:r ain suitable roads and buildings in th nrk ami employ caretakers. Mr. Sinoot asked that a letter frir Vcting Secretary of -Interior K. C. Fir ey be printed to "explain" the action e s committee. The letter, dited dune :' 021, follows, in part: "Before thes nnds could be accepted f;r the pirp"S idtcated. they would require a carcf"' nvpeetintf by a representative of the o?ial park service. A lar::r number o letails have to be considered preliminnr " the creation of national 4arks. sue s whether the area in question express t the highest terms the kind of cxH!; 'cy represent and whether the park. : d when erented. woul be suscent' f effective administration ad con-' Vo investigation of thee features hf "en made in the eas of Ve ItuI ev "ed bv the present bill, find vrt'l it tr ecn made the department is not in a p ;i"n to render a report." The tract in question includes "Sit. T.i oln. with a view of the Green mountain SKIING AT MONTREAL. "trmational Competitions at Camiva Opening Jan. 5. MONTREAL, Dee. 30. The advance f the crowd of athletes and lovers of int-r spirts who wid attend the earn! -d here beginning January 5 find Ins' " r two months, has arrived and is put i ig in a lot of practice work at skiing "pshooting, snowshoeing and skating International competitions will b ?'d in all these lines of sport during the "Tinival. In preparation for the bi event to which people will come fro'v : !1 parts of the United Strifes and Can :d;i, the famous old park slide, the fast -st and longest toboggan slide in Amer ica, in disus during the war, has beer, rebuilt. Among the ski jumpers of note who . will attend will be F. ). Sunberg, former amateur champion, of Canada. Frank MacKinnon, former American champion, and Rolf Amuusen. runner-up in the international championship. OD GERMANY W GIVEJORTGAGE Proposes to Pledge 20 - Per Cent cf People's Prop erty for Reparations FRANCE THINKS AMOUNT TOO SALL CHRISTMAS BUYING EXCEPTIONALLY BIG Its Share Would Not Pay More Than : Half of Reconstruction Costs - Eng ! land and. France Both Have Settle ment Plans. PARIS. Dee. 30. A mortgage on tin wealth of the German people up to 20 pe cent of its total value is the guiding prin ciple of the reparations proposals whicl Germany will make to the premiers con ference. according to the version of th German plan given by Lucicn Chas saigne, foreign editor of the Journal. The mortgage, the writer says, would bo established by means of income tax leturns. Small businesses would makt direct payments on the obligation, but ii the case of large concerns siioeial share? of non-voting' stock, having preferenc in the profits, would lie created. Al these shares would be centered in a banl in Holland or Switzerland managed by i: mixed control board presided over by x neutral. Such a mortgage, M. Chassaigne says, is estimated by the Germans to produce ;:0,XK).00O.(X0 gold marks. In return however. Chancellor Ohio, the article de c:arcs. will nsk for iibrogation of thos clauses of the Versailles treaty which limit German commercial activity. Although France accepts the printiph of a mortgage on German wealth, th editor says that Herr Cuno's figure h much too small, inasmuch as the Crenel. Tthare; in the total would drop toTO.ttOO, (.00.100 gold marks, or about half of the amount she has already spent iu recon stiucting tho derasted regions. The international bankers, the writer asserts, are inclined to favor a Joan to Germany. Ihe Petit Parisiaeu learns that the French reparations plan is now ready and that it requires only the appioval of Premier Poincare who will examine it Sunday. A meeting of the experts wa.s held at the foreign office yesterday and it is understood that a i-omplcte under standing was reached between thenr and the staff of Mar-dial Foch. which is charged with 'providiug for possible mili tary consequences, i Early Resumption of Wholesale Selling Is Expected May Be Some Price Adjustments. WASHINGTON', Dec. P.O. Although lacking definite figures, department of commerce officials assert that the Christ mas buying this year was. -"exceptionally large." Department and other stores have reported sales among-the largest in many years.,1. -. The situation brought idwut by the heavy Christmas buying was believed to presage an early resumption ;of wholesale stdling to refill "the: shelves emptied by the holiday trade; It. may mean, some officials say. an.'1 earlier, adjustment of prices to new levels, but without the figures on which , to- base calculations none care to hazard u guess as to the 'rend. . WATCHING FOR ItEKGDOLL. Rumor That Draft Dodger is Enroute to Pensacola on Steamer Jupiter. PEXSACOLA, Fla., Dec. 30. Police md court officials here were ready to meet the steamship Jupiter, said to be nroute to this port with Grover Cleve 'and Bergdoll, Philadelphia draft dodger, on board as a member of its crew. The Jupiter was expected here today or tomorrow. Other gulf ports also were being watched closely. FVE KILLED IJY GAS. Husband Finds Bodies of Wife and Four, Children in Home. SYRACUSE, X. Y., Dec. 30. A mother and her four little children were found dead at their home, 250 Reed ave nue, by her husband at 2 o'clock this morning. Death was caused by gas ooisoning. The victims were: Mrs. Katherine Ii. Simone, :3 ; Mary, 11; lohn, J; William, 4; Robert 2. Simone, completely unbalanced by his hscovery, was taken to the Psvchopathic hospital. St art- Hi Year Drive in and let us test and inspect any bat tery you may have. '" - Get thoroughly acquainted with our service station as it is an important step toward more ef ficient and economical operation of the battery in your car. If you have put up your car for the winter come in and let us explain what our dry storage method means to you in reducing battery expense. We will be very glad, indeed, to explain, without obligation on your part, if you will call. Manley Brothers Co., Inc. BATTERY SERVICE STATION High Street Brattleboro, Vermont v ? sr. a v- 1.1 sr. a r efts COSTS LESS PER MONTH OF SERVICE Try The Reformer's Classified Columns for Quick Results. yum JWfflhffjj SS2SSSSZ2SSSSSSBBSSSI 31 Rritih Have Plan. LONDON. Dev. . t Associated 'ress. I'rime Minister 'iSonar Law wil 'akt to the l'aris -onfTence of pwmiers oihpleie plan, ui"ui which the Uritisl abiitet passed judgment yesterday, in he 1io)m of obtaining a French agree lent for final s ttlement of the repara ions j roi.lom, !t was announced in Drit h oilicial quarters today. Details of Mr. H)iiar Law's repara i ns pl;ii.were not available, Lut it eiieVed it iif .-i't-ilwii I'lerbiaiiy's tota' iiita t ions at. approximately -one-thii'i; he Vor-:ii!tes treaty figures. Tie I'.ritish desire that the Frencl -ive Germany a fai: trial under the nev (heme whicii, K it is not produ five o he "desired results, would be supple eifet I;v French schemes involving c eieive methods. it was stated in official ci reels th! ' i-enoo;i th.n: w--; believed the sp!'ie lelivercd by S".-.-ef:.ry of Stat Hughe' i-New Driven :ight would be help ful to the Pari. ::'riue. HOLD MRS. JONES ON MURDER CHARGE Coroner's Jury Says Killing of O. L. llak Was "Without Jnstification'" She Caitns Self-Defence. LOUIS VILLI', Ky.. Dec. SO. The shooting to death of O. Ii. Black. auTeT mobile company sales manager, in the apartment of Mrs. Olive Jones, divorcee here last Sunday night, was "withou Justification," according to the verdict of the coroner's jury. The woman was held for the grund jury today under a charge of murder. Mrs. Jones surrendered to police Mon day after declaring she had left an all nisht watch over the body, unable to summon courage to notify officers. She shot, she said, in self defense. LOSSES. DISCOURAGED HIM. -loscpli Dm lut Commits Suicide Afte; Neatly Wiping out Bank Acccunt. XEW YOUK. Dec. .10 St ck marke 'osses- which reduced his batik accoun' 'r m ,!:. n;; to .1.rt"H in six months were believed by police to have prompt d ie suicide ot .tosepu Jjnrke. DoKUceper f -und dead in his home Inst night fr T.-is. A note tt Ins s'ster, Mrs. L A P Post You Can Receive ermanent Ouarferlv Income of $52.5 By the Investment in Office Square Co. 7 Stock of $2925.00 Tax Free. Price 97 a11 Accrued Dividend This company is building one of the finest office buildings in the very heart of the financial district of Boston, which will be 'known as the FOURTH ATLANTIC NATIONAL BANK BUILDING Do you realize that the days of 7 dividends on safe securities will prob ably soon be a thing of the past? Rates are already showing a marked ten dency downward. Why not buy now? Thome, of Pleasant villc, N. he was tired of living. said HAKY It. IIOSL'N DLAD. S?iil to H :ve S:dd Mere Insurance Thar Any Other Man in World. NEW YORK. , Dec. .10. Hurry P. liosen. credited with' having sold more in surance than any other agent in the world, died o pneumonia at his home yesterday. He hrd written .10 jolicie for more than $1,000,000 each, and sev eral of Sr'i.OOO.ttOO. Also a Limited Number of Shares of the New England Co. 6 First Preferred Stock and Additional Dividends for Ten Years At 102 and Accrued Dividend to Yield 7.35. Tax Free. Other lower yielding securities or investments nearing maturity may be profitably exchanged for either of these issues. We will, on request, suggest such exchanges to meet your individual requirements. FRED H. HARRIS Representing BAKER, YOUNG & COMPANY, BANKERS, BOSTON 3B3BSB3S "CAP" STUBBS Pop's Getting Downright Stingj-. Protected by George Matthew Adams By Edwina sh'. .ns! Cap, vour ( FEATHER KAfSKES , V rSVJFUL CrOOD CAMOV. MMOTHE.R BO TO wiuvie ? , ' . i LmT i . ,2ctj left ft rss 'THERE'S P POUNO FOR MRS, JMQV ANO I TWO FOR JO.S FArAtLV, ANO I'D UYE TO LrW SOKE TO iaunt LOu-norne, NOVJ LOOK HERE, VOU"Fe NOT GOt NO- TO CrO AN' JE 531DN-T nftWG. T" FOR TH' WHOLE NE'CrWUOH- HOOT5 AND ALU ' iLNDS. IT'S EUEi TtOkip; Ksi'T thkt too 1 wANrtw u otr!t DO)t TO OLE -ASiVJS T3f-D- ; S5 CkkiriM ill PviPR HAHP V OB SO SELHin -i ' f i I'VV-,. iit nnjw i i-.utm bnt w i . v II : : , . X. I 1 ,r 4 1 - rHSisfMA i 771 I. K', i. i I. ', f . ;. -v p ' - : K S ll S. t II X r ' XihtLi. k oil I III If