The Bridgeport times and evening farmer., December 16, 1919, Page 13, Image 13

About The Bridgeport times and evening farmer. (Bridgeport, Conn.) 1918-1924

Image provided by: Connecticut State Library, Hartford, CT

                
THE TIMES: TUESDAY, DECEMBER 16, 1919
13
BANKS ASSETS
GAIN IN YEAR
EVANCES OF
25 1ILL1W
(Continued from Pago One)
There were 10.2 38 depositors
having less than $1000 each, an in
crease of 2,554 over October 1, 1S1S.
There were 73.662 hivins $1,000
each, hut not over $-0U0, an in
crease of 6,141. There wore 710 de
positors having over 910.000 each, an
Increase-. of forty-two frum The prev
ious fiscal period. Th-1 total number
of depositors was 717, -105 or 13, 226
wore than a year asro.
Including' interest credited the
amount of money deposited in sav
ings banks during' the year was
?127,521,6S2.9 6, an increase of $35,
797,158.80 for the year. The with
drawals from savings hank for the
year amounted to $ 1 03.7 S 6,yi 2.97 or
513,049,397.48 more than in 1917-18.
The total amount of asse:.s of state
banks and trust companies on October
1, 1919, was $170,533,509.96, an in
crease of $26,933,593.04 for the year.
The deposits in savings hanks de
partments of trust companies on Oc
tober 1, 1919, amounted to $46,951.
257.42, an increase of $9,612,023.54
for the year.
The total amount of deposits of
the savings banks and savings depos
its of the commercial departments of
trust companies for the year was
$532,787,730.45, showing an increase
of $4:5,466.801.36 for the year.
The total number of depositors in
aavings banks and trust companies on
October 1, 1919, was S71, 0 S4, an in
crease of 31,4 51.
The assets of the twenty-two build
ing1 and loan associations amounted to
$5,960,064.79 and of the Morris Tlan
companies and indu stria 1 banks $2,
.373,719.42. The first mortasre investment com
panies in the state had assets amount
ing to $2,056,164.35.
ARE CONSUME
Wickershaia Says There Is
Too Much Red Tape
Used.
Washington, Dec. 16 Grievances
of former service men against the
government's vocational training
methods were laid before the Ameri
can Legion conference here today by
Cornelius "W. "Wickersham of Xew
Yoii:, who demanded that "definite
and concrete action be taken to re
lieve the situation."
Fewer than 25,000 of 130,000 par
tially disabled ex-service men have
been able to derive benefits under the
present vocational training laws, Mr.
Wickersham said.
1 le submitted statements of men
-now in training that they were re-
ceiving their maintenance fees ir
; regularly and in some cases none at
! all, as one of tho reasons the men
I entitled to tho training could not take
1 advantage of it.
"From the information I have.
Mr. "Wickersham said, "it appears
' that the whole thing is badly manag
ed. Men who desire to take the
' training are misplaced in so many
instances tha.. others are discouraged.
Red tape is twined all about the or
ganization. There is general dissat
isfaction among the men because tho
maintenance pay is so small they
cannot live.
EVASION OF
SAFEGUARDS
IS CHARGED
KILLS HOPE OF
FIVE CENT FARE
IN HIS REPORT
garding the maximum requirement
that all cars so quipped must be con
nected and the brakes in operation.
Hand brakes also were alleged still
to be In use on some railroads " for
controlling trains on mountain
grades, although tho law specifies
that trains must be controlled by
power brakes.
On some roads employing the man
ual block sign.'il systems, it was said,
dangerous practices are followed and
rules violated to such an extent aa
to render the block signal systems en
tirely useless.
Long trair.a which are exempted
from safety appliance regulations are
being operated over main lines in
Georgia and Florida without any
brakes except on engines and ca
booses, which Mr. Borland said w.u
fully as dangerous, because of the ne
cessity of passing other trains, ad
running passenger . trains without
such safeguards.
"The investigation -of accidents by
this bureau has disclosed several
cases of employes who, although they
had had suiheient time off duty to
conform to the requirements of the
hours of service law, had not had suf
ficient rest, or rpst of such character,
to place them in proper physical
condition to perform service required
by them."
(Continued from Page One)
In the first part of his report the
city attorney dealt with the in
debtedness of the company to the city
and stated it owed $70,0 00 for the
Stratford avenue bridge on which it
had paid $25,000, leaving a balance
of $45,000 due.
In the second part of the report he
sets forth his belief that the case has
no merit on which it might apply to
j uiu iii- K LfclW . O UI L iXJIU. H LI let I
j tho only one allowed to act is the
Public Utilities Commission who is
even now conducting hearings on the
zone system. Tie says this body is
the only one that can set a tariff and
he does not believe, and sees no reason
why the trustees of the Connecticut
company should agree to separate
lines in Bridgeport.
He points out that the Public Util
ities Commission has always been
loath to make any separate fare rates
for any section of the state when the
rates are intended to be uniform.
In no uncertain terms he then
takes the company stand and the
words arc so old That it leads one to
believe that they are put in his
mouth by the company itself, that the
only solution of the trolley problem
is a complete understanding between
the company and the people and
their mutual co-operation and thus
have a fair rate of fares established.
This report was accepted by the al
dermen. '
PIED.
SIKLEY In this city, Dec. 14, 1919,
Joseph L. Seeley, aged 52 years.
Friends are invited to attend the
funeral from the mortuary chapel
of August G. Baker, 18S8 Stratford
avenue, on "Wednesday at 4 p. m.
Interment Lake view cemetery.
Automobile cortege. Tl5b
EIXKWrTH In this city, Dec. 14,
1919, James li. Eeckwith, aged 69
years.
Friends are invited to attend the
funeral from his late residence, 250
Sixth street , on Wednesday, at 2
p. m., and from Xewheld M. E.
church at 2:30 p. re
in terment family plot Lakeview
cemetery. Automobile cor lege.
T15 h
SCHW'ARZ In this city, Dec. 15,
1919, Leila Louise, beloved daugh
ter of Charles and Km ma Andrews
Schwarz, aged 19 years.
Friends are invited to attend the
funeral at the residence of the pa
rents, 328 Pearl street, on Thurs
day, Dec. 18, at 2:30 p. m.
Interment at Lakeview cemetery.
T15sp
STAKK In this city, Sunday, Dec.
14, 1919, at her home. 130 Gem av
enue, Phillip pi it a, wife of George
Stark, aged 6 4 yea rs, 7 months, 7
days.
Funeral private. Kindly omit
flowers. Burial in Lakeview cem
etery. Tl5bp
SMITH In this city, Tuesday, Dec.
16, 1919. Charles JZ. Smith, aged
62 years.
Funeral from his late residence,
732 Lafayette street, on Thursday,
Dec. IS, at 2:30 p. m.
Interment at Mt. Grove cemetery
at the convenience of the family.
T16 b
WHAT A
UTKORITY
HAD MAYOR TO
USE CITY CASH
(Continued from Page One)
Clifford B. Wilson, on his own or
der, signed 'by himself ami' receipted
for hy himself, drew $225 as expenses
to the mayors 'convention in Savan
nah, Ga., on December 8-10. This or
der was dated before the firs. of De
cember. The mayor, by his own state
ment, was planning a two weeks' va
cation in the South. An examination
of the records of the council failed to
produce any item which would author
ize the mayor to attend the conven
tion at the expense of the city and yet
he dre.w this amount for expenses be
fore the convention convened so of
course it could not be itemized for the
voters.
Helen M. Gaito, an employe of the
city clerk's office, was credited with
having drawn four weeks salary,
from November 3 to November 29,
at the rate of 18 a week, and Sylvia
Romano was credited with two weeks'
salary at $18 a week. These orders
were signed by City Clerk Rob.nson
and would indicate that both these
girls were city employes.
In relation to the Bridgeport Sand
& Gravel Co. it was found that sand
had been purchased from them for
use on the work of street construc
tion in the West End, principally, and
the orders for the payment of bills
was signed by Director of Public
Works, Jacob Courtade.
It is a well known fact that Alder
man Thomas Connor, Republican, is a
member of the concern by his own
admission.
REQUIEM MASS.
The Third Order of St. Francis will
have a requiem mass offered for the
repose of, the soul of their late mem
ber, Mrs. Bridget Grady, of 49 4
Connecticut avenue at St. Mary's
church Thursday, Dec. 3 8, at 7:30
a. m. ap
TODAY'S WANTS
too TjAtr for ci.AssrricATiox.
GARAG-K FOR REPAIRING and
storing automobiles and motor
cycles. Federal tires and tubes,
gas, oil and accessories. Anderson
& Ackerman Motor Repair Co., 637
Grant St., con Barnum Ave.,
Bridgeport, Conn. Phone Noble
'629. . T16a
FOR SA-i- -Second hand hand-size
,eider press. M. P. McKenna, Sey
mour Conn., Route No. 1. T16bp
FOR SALE Furniture for five
rooms, 704 Main St., hasemer.t.
, T16a-p
STUDBBAKER seven-passenger 1917
car for sale; in good running. order.
'Price , very low. Reason, going
way.- Address Box C, care Times.
T16sD
MASTER OPPOSES
AFFILIATION
WITH A. F. OF L.
Bangor, Me., Dec. 16. Affiliation
with the Amer:'o;ji Federation of La
bor was opposed 'by William J.
Thompson, in his aJcMress as master of
the Maine State Grange at the annua
meeting today.
"The industry of agriculture is suf
fering at this time from serious dis
turbances," he said, "and the repre
sentatives of the American Federa
tion of Labor should know that the
grange believes that not until the in
dustry is rehabilitated can the- dis
turbances in industrial relationship be
satisfactorily adjusted.
PROTEST INJUSTICE
TO EDWARDS
Washington, Dec. 16 A delegation
of senators and representativea from
Massachusetts called on Secretary
Baker today to protest against the
promotion of a number of officers
of Junior rank over Major General
Edwards, formerly commander of
the 26th "(New England . National
Guard) division.
I0T ON TRAIL OF
1TAMP SCALPERS
LIQUOR fill
for injunction
LIQUOR LAI
Nation Wide Crusade Against Un
lawful Handling of Savings
Stamps Results in
Many Arrests.
Transactions In War Savings and
Thrift Stamps, which since the arml- :
stice have afforded a lucrative field for
thousands of scalpers, have materially
lessened since the institution of whole- ;
sale raids throughout the United j
States, Department of Justice and Se- !
eret Service agents have investigated
scores of dealers in these securities,
and as a result a great number of ar
rests were effected.
Representatives of the Treasury De
partment for some time have conduct
ed a quiet inquiry into the operations
of these illegal brokers and repeatedly
warned them against the continuance
of the practice. Failure to observe the
quiet "tip" they were glv?n led to the
inauguration of sterner measures.
It was the practice of scalpers to
buy up at pTlces ranging from a few
cents to a few dollars below their
value filled and partially filled books
of War Savings and Thrift Stamps for
redemption at the full value. In some
cases persons who purchased the
stamps originally foolishly sought out
these brokers in order to dispose of
their stamps quickly instead of re
deeming them at the post office, as
provided by Treasury Department reg
ulations. Taking advantage of this situation,
the scalpers represented themselves In
some Instances as Government agents
and prevailed upon gullible and needy
victims to part with their holdings at
prices greatly below the maTket value.
The scalpers then, of course, redeemed
the stamps at the post office at full
price.
In raids conducted by the Secret
Service agents upon brokers' offlce
from New York to Chicago large quan
tities of stamps were discovered and
confiscated. It Is expressly stipulated
by Federal ruling that stamps are not
transferable and may be redeemed
only by the original purchaser at a
post office after ten days' notice. In
practically every case where arrests
have been made the prisoners have
been held by United States Commis
sioners In heavy bail, generally amount
ing to $2,500.
If the prosecutions just begun with
the Idea of breaking up what is be
lieved to be a nation wide league of
stamp scalpers does not have a salu
tary effect the raids. It Is announced,
will be continued. Investors In War
Savings and Thrift Stamps are urged
if possible to hold on to their securi
ties, but if necessity compels them to
redeem them they are advised to make
the transaction through the post office.
Continued from Page One)
New Tork, rec. 16. Lawyers rep
resenting large liquor interests in New
York intimated toda-y that a civil ac
tion against the United States govern
ment might be the next step in the
fight against prohiibtion and that
compensation for losses estimated at
$300,000,000 would be sought. The law
yers asserted that the decision of the
Supreme court virtually confiscated
the liquor held here.
Local banking circles will be hut
little affected iby the court's decision,
it was said.
The dismay with which the liquor
trade received the news yesterday in
creased today. So confident were the
wets that a favorable decision would
be handed down that preparations
were complete for delivery of thou
sands of dollars worth of liquor at
short notice. The dealers said it
would now be physically impossible
10 ship the liquor in stock to foreign
countries before January Id.
PEACE TIME ORGANIZATION".
Paris, Dec. 16 The French and
British commando have discussed
plans for peace time organization,
according to the Matin. The news
paper sees the maintenance of Mar
shal I-'etain French Ge:eralissmo
at the disposition of the intcr-allied
council, over which Marshal Foch
probably will preside.
The discussions had nothing to do
with the question of a military alli
ance with Belgium and Italy, the
Matin asserts.
LEBRUX ON PAROLE.
Joseph LeBrun, of East 125th
street, New York City, who was ar
rested in the local fregiht yards last
night was sentenced to 30 days in jail
this morning. LeBrun was later
paroled in the custody of the proba
tion officer.
"SHIMMIED" FOR
Nil THEN TOOK
HIS S47 ROLL
Ella Garnett, colored, of 6 5 Lex
ington avenue, who was arrested a
week ago for stealing money from
John Watt, colored, of Lexington
avenue, and John Smith, colored, of
Highland avenue, was arraigned in
the City Court this morning, charged
with theft. Inasmuch as both of
the men, who are Portuguese.
considerable trouble in making them
selves understood, the case was con
tinued until tomorrow in order that
an interpreter may be secured.
Watt explained this morning with
much talking and vivid imitations,
just how the woman got him into a
hallway in Lexington avenue on tho
night of November 3, and after
"shimmying" for him, relieved him
cf $47. The Portuguese struggled
manfully with the English language,
and gave a wonderful demonstration
of the "shimmy," but could not make
himself understood to the satisfaction
of the court. Smith, who claims to
have lost ?44 by the same method,
was even more of a failure on the
witness stand than Watt. It is ex
pected that both men will he able to
give a more accurate account of the
alleged robbery, tomorrow morning.
1.300 BRITISH TROOPS
WIPED OCT
London, Dec. 16 Thirteen hundred
British troops in Persia have been
wiped out by the hostile population,
it is claimed in a Moscow wireless
message reaching here today. The
troops, the despatch says, comprised
the garrison of the town of Meshked
(possibly Meshed, in northeastern
Persia, northwest of Herat, Afghis-tan.)
Times Want Ads One Cent
a Word.- Use Tneni
INVESTIGATING
"LEAK" STORIES
ON DECISIONS
Attaches of Supreme Court
Are Implicated In
Charges
Washington, Dec. 16 Department
of Justice officials continued today in
vestigation of reports of alleged
"leaks" on Supreme Court decisions
which were being used as tips for
stock speculation. A minor official
of the department and an attache of
the Supreme Court were implicated
in the charges but Captain Burke,
chief of the Bureau of Investigation
of the Justice Department, declared
that so far no basis for the charges
had been discovered.
In a verbal statement last night.
Captain Burke said that a "Mr. B. E.
Moses, with offices in the Munsey
building, Washington, had been re
ported by Marlin Pew, manager of
the International News Service for
an alleged attempt to secure financial
backing from the friend of Pew to
play the stock market on advance in
formation of Supreme Court decis
ions "Moses told Pew's frieriS'," Captain
Burke said, "that he had been doing
this for some time, but he did not
have sufficient funds to make the
profit he. might If he had financial
backing. The friend of Pew insisted
that before he could get the finances
which IMoses desired he would have
to be convinced that advance, informa
tion on the supreme court 'decision
was absolutely obtainable. He told
him that, on November 16, the man
who furnished him (Moses) was em
ployed in the department of justice in
Washington; furthermore, that this
man was with Moses in New Tork on
Sunday, November 16. and that on
Monday morning they went down
town and played Southern Pacific
short, closing out when Southern Pa
cific 'dropped three points. They made
some money but they did not say how
much. Later Southern Pacific was be
ing played the other way. so aibvipus
ly they had correct information on
the court's decision in the Southern
Pacific oil land cases."
Moses was interrogated by William
Flynn, Director of the Bureau of In
vestigation of the Department of Jus
tice, Captain Burke, said, and denied
that he was getting his information
from a minor official of the Depart
ment of Justice as was claimed, or
that the latter was getting it in turn
from an attache of the Supreme
court. Moses, according to Burke,
said he had made his deductions on
the future movements of the stock as
any lawyer might have done from the
general information on the Southern
Pacific case. He denied also there
was a leak in the Supreme court.
Captain Burke said the orficial In
question holds a minor position In the
Department of Justice, and that he
denies he knew any one in the su
preme court who would give out ' any
such information or that he had been
in any such deals as were charged.
"The attache of the supreme
court denies also that he had any
connection with the affair and there
Is nothing to show that he did," Cap
tain Burke added.
However, he said, the Investigation
will be continued. .
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$1.00 a Week
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Necklaces
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Easy Weekly Terms.
Pearl atrd bead
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Vanity Cases
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Stone Rings
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Emblem Rings
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1238 MAIN STREET
' Your
Credit
Is
r Good