The Bridgeport Telegram from Bridgeport, Connecticut • Page 6

THE BRIDGEPORT TELEGRAM. TUESDAY, AUGUST 15, 1922 THIRTEEN Stock Prices Melt under Bear Raids, Bonds React in UT LKKIY LIBERTY BONDS Sales. Hlfrh. Low. Last.

10 Lib 3As 100.98 100 92 1 Lib 1st 43 101.22 101.22 101.22 1 1 Lib 2d 4s 100 3S 100.3S 100.3s S5 Lib 1st 4 i 101 20 101.IS 101 04 540 Lib 2d 4 100 58 100.56 100.36 217 Lib 3d" 100.56 10H.SO lMl.r.6 940 Lib 41.4(3 101 28 101.24 101.21 130 i 4 10050 100.48 100 IS French Loans Also Despite German Rubber Issue. FINANCIAL NOTES S. M. Havlcy Away. Samuel M.

Hnwlcy, president of j' the Bridgeport Savings Bank, who recently passed the early stages of his convalesencc subsequent to an operation he at the Roosevelt hospital in New York left Bridgeport yesterdby morning for Bethlehem, New Hampshire. But Net Earnings Show Big Increase Over Last Year's Returns. He i will spend two or three weeks there NEW YORK. Aug. few bond price' weakened substantially toda in sympathy the sr'ieral reaction in stocks.

Mixe'i changes prevailed in the industrial r.r.,1 foreign groups, with Libert i fair.y steady. and Western convertible before returning to active duty. si.x a i 1-' i losses of i'-'o registered by Sea- Kenofldal loan Dividend. 1 rv The Beneficial Loan Society, oper- boa-v; Air i.me a os, atlns a a organization in this casro and AHon l--s. New cuy i ec i arc( i its initial dividend Chesapeake anjj Ohio cent, on its profit verti'i'" 5s and Erie general 4s.

Charing certificates i the In industrial list, tohacco a that i will pay its ducts 7 and Saxon Company is i i on the semi-annual basis, brcke through for new hlehs, but The diMdend ers th of 1 to 1 3-4 points were sus- ending 30. The taine B-thiehem Stell 1 nierly paid an os. Wilson Company 6s and 1J 2 per cent. 1-Ss and Cuba Cane Ss Contrary to general expectations, government and municipal held up well despite the factorie, a owed over a point. Japanese reached a pom where employment first 4s were up two points to a new is a i a "nt.

high and Zurich Ss were up 1.1 normal, in tn 0 woeklx s.une American loans were firm. The issue of $7.110,000 first and i 5 per cent, bonds of l'nit--d States Rubber Company, I which were offer-d today at I 1-2 to yield 5 70 was oversubscribed. six Society ior- STOCK PRICES Salps. '00 Adams The increasing effect of the coal strike on the New Haven Railroad and its subsidiary, the New York, Ontario We-stern Railroad, during resulted in tho lowest net a i Income earned in any since the first of the year fo the New Haven system. The New York.

a i Western reported ii deficit after operation costs and taxes after fou consecutive months of substantial surpluses. The New Haven filed with the In- tei state Commerce Commission its earnings reports for June showing a balance a ter operation costs and tax deductions of $851,795. Pespito tho obstacle in the way to increased revenues imposed the coal strikes and growing- railroad labor difficulties, the New Haven, a a dividend of net income after charges was strik- which was inauguarated ve years ago. Employnvnt Here Improves. Tho number of factory employes injrlv better when compared with the net i i reported for the same month last year, amounting to 583,396 June net of this year exceeds the reported for in both High.

Low Last. Ex 78 77 Vi 78 1700 Artv GOO Ad Rum pf 5 7 55 65 .1300 All.ed 75 BOO All pf 109 109 700 Allls Chalm 200 Am Keel 45V1 SOOO Am Can 100 Am Can pf 109U lOOVa 100 Am Fd pf--124 124 124 1300 Am Cot Oil 2 6 4 Am Cot pf 63 400 Am Dr Syn 50i 300 Am II 12(1(1 Am pf 7 2 COO Am Int Cor 37 2400 Am Lin Oil 33-k 10(10 Am Lin pf Am Loco 2 3000 Am Stl Fo 1-- 40V 600 Am Su 1800 Am 1100 Am Tob 149 149 1100 Am Tob 147 141 1200 Anaco Cop 300 Atl I i 200 Alist Nlch 27V4 5400 Bald Loco 131 Vi 10(1 Hnld pf 114 114 114 6200 Bait Oil 67 8000 Beth St 80 200 Cal Pack 82 81 SOO Cal Petro 57 100 Can Pao 140Vs Bears Hammer Market as Strike Crisis Continues Rail Strike Deadlock Used as Basis for Two Raids by Professionals, Taking Most Stocks Down from One to Four Points--Northwestern Rails, Steels and Oils Bear Brunt of Attack--Money Eases. 4 0 7 4 and the of a I 11120 and by from 50 to 20 per cent, respectively. Gross the month a i i to $10.219,837 showed I i on pervious years and 31 of the largest factories operating bpl(nv lly nearly here Associa- 2 0 0 only th greater impetus 0 the week endm? i lc New Haven lgnt Ang-ust 5th. 1 5 4 2 2 employes aroj tl afflc hv increasing trade of of 7 5 0 6 2 0 man- i KHB and saved the company This corresponds om a preater reduction in income.

Better Industrial traffic and passen- GRAIN CHICAGO. Aug. underwent a sharp setback in price today, owing largely to the breakdown of the inter-Allied conference London. The clc.se was -unsettled, 1 5-8 to 2 7-S net lower, with September 1.01 1-2 to 1. 01 5-S and December 1.

02 to 1.02 1-S. Corn finished Ic off to Ic up. oats 1-S 1-4 to down and provisions varym? from unchanged figures to a setback of 12c. TVith Liverpool quotations showing a heavy decline, presumably reflecting the failure of the Allied premiers to reach any agreement in regard to German financial affairs, tho wheat market here was from the start. For a while the September delivery displayed relative steadiness as a resu't of an- parent 111 success of efforts settle the railroad strike, but subsequently under general liquidation.

September with other to a low price record for 1922. Big arrivals of wheat here, 1.126 carloads, had much to do with of the bullish influence ot the rai' strike. Enlargement of the X'nited States visible total and of estimates in regard to India's crop of whea'. together wiib. ami at the ra -with the like week ot last year 12,946 employe, were work- in? at the rate of 470.433 manhours per week.

The a total for the week ending August is the highest reported so far this year I hut the total of employes reported was surpasbed in the ending July 1. this year when there were 15.506 emplov--s i on factory payrolls. The average weekly schedule of hour in force for the week i on the 5th is two per cent. normal. ger business aided miterlally in compensating the loss due to I the coal strike.

i The following table shows earnings the company for each of ear as compared to last reported to the Interstate Commission. 1922 1921 Gross Earnings a Conimer '5000 Cen Leath 2400 Cen Lea pf 2700 Chand Mo 59V6 1600 Ches 76 500 Ch Alton 11 "i Chit 3t pf 21 3(100 Chi 85 100 Ch pf 117 3000 Chi I 2800 Chile Cop 22 Vi GOO i Cop 23 300 Col Fuel I 2 9 200 Col Grapf pf 1800 Con Gas 122 2000 Con Tex 500 Cent Can 79V 2400 Crucible St SOU Cub cane 400 Cub cane a pf 38 1UO End John 100 End J'n pf 4200 Eno 1714 16 4 16-U 2200 Erie Ipf 23 200 Erie 2pf 600 Fislt Hub 14500 Qen Aejjh 68 500 Gen Asp pf 102 lilO Gen E'-ec 179 5500 Gen Jlotor 500 Gen Mot pf 200 Gpn Mot db 81V6 4000 Great Xor pt 88H 300 yd rail St 100 Illm's Cen 108 100 Illln's Cen pf 110 1 110 ,4 3700 Tnt 39 Vs 73V4 58 21 83Vi 117 43 Mi '9 29 29 29 10 10 90 Vi 90 Vi 15 15 38 38 Vi Si 8H6 NEW YORK, Aug. operators today took a a tage of the deadlock In the nil strll'o to launch two attacks on the stock market, on at the beginning and one at the close, which resulted in recessions of 1 to 4 points in the J.c- tive issues. Active and strong buying support halted the first reaction, but constructive sentiment apparently was disappointed Prolongation of the strike and the second attack caused many shares to yield and close at the lowest prices of tho (lay. Northwestern rails, which had registered th largest advances th upward movements last week, yielded the most.

Losses of 1 to 2 o-S points were shown by Missouri Pacific and Northern Pacific, Great Northern Pere Marquette, St. Paul. Chicago and Northwestern Rock Island, Chesapeake and Ohio. New York Central, St. Louis and San Francisco, St.

Louis and Dehigh Valley, Central Bpt. Morris Plan Co. ner. Bit. Tr.

Co. Total 1,860 24 J70.595 1 Out of the total amount of deeds accepted by financial organlza- tions $5.695 represents the amount reported as extensions to existing loans, lenewed. PRODUCE and the preferred six points. Mexican Seaboard, Pan-American Petroleum, Phillips Petroleum, and Standard Oil of New Je-sey also wer heavy at losses of approxi- a 1 to 2 points. Independent steels were strong in the early trading on reports of an mortgage early consummation of the two dependent mergers, but they sagged considerably in the general reaction at the close.

Lacka'wanna Steel was oft 2 B-8, Republic dropped 2 1-2 ang smaller declines took place on Jlldvale, Replogle and Banadium. L'. S. Steel receded 1 1-4. Sears RoelmcU tic.

Several high records were made in the upward Big Increase over Previous Week-- 56 Per Cent, by Organizations. YORK. Aug. market iull and firm; creamery extras 34 to 35c; firsts to higher scoring 84 to 36 state dairy tubs 27 to ladles, fresh extras to 29c. 33c: Cheese, market steady and fair mand; state, whole milk flats to 21 lie; average run to 20c: lower erade 15 to I9c.

Wisconsin, whole milk fancy young Americas Eggs, market firmer; nearby white. fancy 50 to (12c. nearby brown fancy 3.1 to 39c; extra 28 to 31c; firsts 24 to 25c muriKiiEt! loan field here invested i 1 a total of $70.585 in mortgage the past The total represents over 56 per cent, of the total a of mortgage loans made in this citv i the week, which amounted to approximately $125,330. During the previous week financial organizations made total investments in real pslato loans a i to $359,320. vestments to a of amount invested i the f01 e- movement around Railroad of New Jersey dropped 5 points on small sales.

Oils drop. Mexican Petroleum fluctuated within a radius of nearly six points, i closing at a net loss of 4 1-4. Extensive selling Of General Asphalt forced the common down 4 points CURB MARKET noon, notably by Sears Roebuck, Brothers. International Harvester, National Cloak and Suit, Famous Players, Advance Rumley, Allied Chemical and J. J.

Case preferred, but most of these yielded with the general list in final dealings. Total sales were approximately shares. Call money opened and renewed at 4 per cent, but eased off at 3 1-2 before noon and to 3, where if closed. Time mone rates were virtually unchanged with few important dealings being deported Officers of Shoe Co. of the recently incorporated Quick Shoe Co.

of Norwalk hav completed organization and elected these officers: H. O. Quick who owns 9 shares of stock, president and treasurer; Robert Clarie, on share, vice i-res'dent. and James C. Quick, secretary, 140 shares.

The officers and Bertha Leshin of New- York who owns one share compose the Board of Directors. The company will begin business with 150 shares of common Mock outsamlme. on which 51,000 cash and $6.500 in property have been a i Speetor'a Inc. Elects Offlrers. Inc.

of this -city, r- 1 cently incorporated fo $50.000. ha? reached the flnnl stages of organization and the i officer's have been elected; J. I. Spertoi, I Feb. i JIar.

1 Apr. Mav Jun Total Jan Feb. Mar. Apr. May 8 7 2 4 5 0 3 8 5 7 7 0 2 3 10,202,920 9,670,060 10.423,384 10,249,837 8 6 5 6 0 4 6 S.157,805 0,831,936 9,213,041 9 4 2 3 4 8 6 9 7 7 2 6 8 6 5 7 8 4 7 7 2 7 5 5 0 5 5 0 0 0 Balance A Taxes $1,289,953 1.334,000 1,693,770 1.0S1 505 1.291,103 9,457,009 1 5 4 2 8 3 7 54,070 111.035 2 2 9 0 9 3 18V4 12 V4 64'-, 100 179 13 79 V4 SI 86 SV4 108 64 100 179 13 81V4 Rates on commercial paper i i to firmness.

FORMER SERVICE MEN GIVEN POSITIONS HERE An instance of the rehabilitation work being done by the Bridgeport branch of the Veterans' bureau waa brought before the pu'olic i when Milton Taylor and George The ratio of these in( a ex se rvice men who have been taking the vocational training KOing 1 week, which was 4 5 2 3 0 Is approximately 79 per cent. The following table shows the total amount and of loans made bv each of the local organizations i filed deeds with the town clerk during the week ending August 12. Lomas Nettleton 4 Mach. Farm. Sav.

Bk. 6 City National Bank 1 Rank 2 Bdgpt. Savings Bank 2 Home Bldg. Loan 1 City a 2 Rchnee tfchnoe 2 Title Guar. Tr.

Co. 1 A $16,000 13.200 5.000 7,500 6,850 bee course at Booth and Cayliss business college, graduated and received positions. Mr. Taylor will work for Warner and Mr. Naylor will be employed in the Bridgeport Rolling Mills.

Both are bookkeepers. TORRINGTON BUNGALOW DESTROYED BY FIRE TORRTNGTQN, Aug. new a owned occupied by Joseph Mendel on Highland 6.000 was destroyed by fire together with 4,500 its contents this afternoon, the loss 4,495 i placed a 55.000. The origin of the 1 i i is unknown. Total 9,457,009 2 6 9 8 2 5 9 "Deficit Net Operating Income a Fe'i a Apr a 8 9 2 6 6 5 9 0 6 2 0 1,775,085 1 2 5 4 2 7 0 1,215,833 851,793 1,853.788" 3 3 7 1 6 3 3 2 7 7 8 2 333.772- 1 8 3 3 9 6 1400 Int Mer 1700 Int 31 pf 3600 Int Paper 100 pf stm 300 Invnc Oil 13 500 Kan Gulf 100 Kan Cy Sou 100 Kan Cy So pf 1200 Kelly Sp 1300 Ken Cop 3 6 2SOO Key 5SOO Lacka Stl 80 100 Lee 5(10 Lehlgh Loews Inc 16 GOO Inc lliSOfl Mex Pete 176 2500 Midvale St 35 300 Mo Pac 55 V.

4 3 6 n6Y 8 43 16'i 12 170 14 34 34 4 75 SO 500 Otis Elev 800 Mo Pac 1000 Nev Con 16Vi 1400 Cent 97Vi 96Va 1700 2200 Xortli Amer 75 100 Am pf 4 4 4 4 6000 Xprth P.ic 80 BTJS LIXE INCORPORATED. The White Line Bus Corporation has incorporated -with an authored capital stock of $50.000. all common, and with $12.000 to commence business. The incorpora- tcrs are Dulce MoPhail, Frank Unitis, and Dominick a 1 A certificate of incorporation was filed in the town clerk's office yesterday. dUectors.

The compai porated to a business at 97 avenue in jewelry and optical supplies. a Cement Btork Gams'" a Newman has leased a cement sarast" and two story barn at 52y Howard avenue to Joseph E. DougUn and i i a K. Douglas for a term of two years the montly of 4 0 OUR bank account is a friend that gives yon financial aid witbout question witen you are in need. Small amounts, easily saved, grow to substantial sums of cask by regular deposits Compound interest.

Yoti can start an Interest Account at this bank today by railing and making a first deposit of One Dollar or more. in from its operations as compared to a realized In of. las.t -year a i to 1 6 4 0 7 i deficit is the first reported nee a of a a of this year and is comparable with the A i inconip a i $59.961 Gross a i of the company is'comparable with the reports preceding In this year but heavier maintenance charpeg and i seriously curtailed coal traffic havo the company's balance ou the 1 side of the ledger The following table shows the 1 1 2 2 monthly earnings of com' pany a compared to the correspond- of last year which have i i th -i merce Commission; 1 9 2 2 I Gross Jan $806,303 1 FH!) 9 5 9 9 2 6 Mar 1,180,437 i 868,915 I May 887.320 88,364 7 29 89 120 35V6 4 (M SO Interstate Com- 1921 Earnings 9 5 9 5 2 7 9 6 9 2 4 1 1.058,173 9 6 8 2 7 7 1,205,911 1 3 2 3 6 2 8 Toti'l Jan. Feb I Mar Apr Mav i I i i Jan. i Tnb 1 Mar.

i Mav a 1 5,591,265 I Balance A S60.S03 1 2 0 5 4 9 2 3 0 3 2 8 65,244 115,052 38,072 4 7 9 7 5 7 Taxes 7 4 5 5 0 3 3 2 4 2 7 4 4 5 3,082 147,233 195,518 Net 5 0 8 4 4 Operating 9 2 4 1 0 7 5 0 9 7 1 5 8 4 2 5 5 9 9 6 1 7 6 4 7 290,914 Income 565.556 3 7 0 0 6 2 9 5 9 5 116,715 164,075 ishrdlmc.mccm 2 4 0 0 1 1 9 7 6 0 3 167-169 State St. BRIDGEPORT TRUST FOREIGN EXCHANGE 4900 Pacific Oil 53 Penn RR 463i 1900 I'a Sea Stl 7 1200 People Gas 91 90 16800 Pierce Ar 139. Pierce A pf 28 200 Pub Set- N.T 89 18 1000 Pullman 120 2000 Reading 76K, 7 4 i :00 Rem Type S5(! 35'i 100 Replo Stl 32 700 Rep i Stl 73 71 3SOO Rep Tr 3', 400 Saxlon Mot 4 4 100 Sea Air 7ii 100 Sea A pf 13000 Sears Roe 94 sa 91' 4 1900 Sinclair 3034 S200 South Pac South Ry 1600 Sou Ry pf 60y. 300 300 St pf 8300 Sturlebaker 12fi (00 Texas Pac 32 1500 Texas Co 4B-TJ 401) Tex Gill Sulp 300 Third Ave 23Vi 100 Tidewat 10(10 Tob Prod 64-fj 200 Tob Prod pf 106 2000 Tob Prod A 79VJ 7s'L 78; 1000 Tob rts 24 2 1 900 Union Oil 2i 2 0 21 700 Union Pac 1-14'. 1 300 Union Pae pf 100 United Drug 79 300 i i ...147 V4 200 Exp 8 0000 Inrt Alco 67 100 In Al Ipf 1SHO Rubber lOulliJ Stefl 100 Stl Ipf 100 Utah Cop 66 400 Utah Sec 16ii, 00 Vanad'm 48V4 200 West Md 1" 200 TVesi Mel 2pf 100 West Pac 18Vj 300 iVe-it Union 100 Ar 94 son wh'i i.

15 100 IVh'l pf 25U 200 i SI 17V4 300 White 01! 794 200 Wilton 47 240 Wlllye Over pf 7 2400 Will Over pf X75W YORK, Aug. on the curb today was comparatively light and pric? changes lor the most part were within fractional limits. A a i off also 'was noted in commission house business. Th undertone in the main was about steady. Interest in the mlscelaneous group was directed principally toward the motors.

Stutz Motor was again in good demand and scored a good factional early in the session but later worked oft' moderately on realizing sales. Lincoln motors, Reo motors and Mercer motors voting trust certificates moved up fractionally. A good i i was in evidence for Goodyear tire which continued to Improve. There was little doing Intercontinental Rubber arcnmd previous prevailing levels. Goldwyn Pictures developed firmer undertone and moved up a sharp fraction.

Gillette Satety Razor after a brief display of i ness earl in the session later ed off moderately on profit taking. The radio issues and New lorK Telephone preferred 'Were steady. Trading, in the oil shares was comparatively light, and in most instances only fractional changes were recorded. A good inquiry was shown in the cities issues, th common moving up points and the bank'fi- shares i a sharp fraction. Jlaracaibo Oil continued in urgent demand at i but as the session progressed realizing set m.

i caused a moderate leaction. Hyan Consolidated, New England Fuel Oil, and Carib Syndicate continued stead). Standard oils were a a i quwt, and in most instances ruled a the rJl of last week. 47- 34 3014 17 121 11 47 54 Vi 106'i 77'i 79 8 147 Attention in the mining group ghen over principally to the i prlced issues. Goldfirld levelop- mer.t Independence Lead i to show i There nvas good support in evidence in i rose to a new high record above 6.

Bonds, i generally i wen-steady. Warrant) Uooils. David Holzmau t.i Joseph II. e'son, two pieces oC realty. Wood a ana State street Jens PeterBen to .1 O'Brien, 40 fcpf Read stivet.

Quit Olaini Deeds. Henry K. to 11. Loewith, 50 feet llerkimer street. Norman Postal to Irene Sackett 48 feet Main street.

Hirsch to David Belzer. pieces of realty, Clinton avenue Mortgage J) ofls. Joseph H. Samelson to Dnvirl lloizman, two pieces of realty, Wood avenue and State street. $5,000.

Sarah E. Colgau to Milford Saving's Bank, realty East Main and a streets, $3,000. John J. O'Brien to Jens Peferscn 40 feet, Head street, $1,760. Dennis O'Connor and Bridget O'Connor, to Nora i 50 a $600.

NEW YORK, Aug. 1 4 i a- rom a A. day's cash for I etpl son Mechanic, and Farmers Savings a 50 A a aye- 95 9 5 57 Vi 700V4 11914 4 7 i 12 18V4 JOS'i, 94 14 25V 94 14 794 47 40 COMMODITY PRICES Opposite Citv Hal! p.in itr ynillv, A 1 4 A low 11 a a i a discount rate a i i a in French francs i i I forriRU Tbc i a i i i i was 3-32 of 1 per com- 32 ir ith i nt per In i i a I merclal products fomparloon i a i for one year ago- Aug. 1 1 AUK 15 1922. I i Wheat, Xo 1 sp'g 1.52Vi 1.61' Wheat, Xo 2 .1 78'i 1 Oorn, 2 yellow .77 Oats.

No 2 i IS (8 K'our, i pat 7.50 9 10 Pork, mepe 00 26 00 Beef, a i 1 5 0 0 1 6 0 0 Lard, i 11.6") 1 1 9 0 Coffee, Xo. 7 Rio 07 Ruprar, pran 7 on 6 0 0 I Xo. 2 Phila 29 of 1 9 1 Silver 68 Lead 4 2 0 0 Joseph Pistey to i Savings Bank, 100 Willow a 1 5 0 0 David Belzer to Marcus I i i two pieces realty, i i to Willis H. hvon, 7 5 0 0 of Title Guaranty Trust Company, 886 Main Street CC'nserraUve Mortgage Inveit- tneuts. Selected Bridgeport First Mortgages, and Mortgages on Southern Farms.

Ask us about them. Heal Estate and Insurance. POST-TELEGRAM WANT ADS GET BEST RESULTS Iron and Steel Let us quota you the best prices on all scrap metals a steel. PROMPT ATTENTION J. A.

MERSON, Ina 265 STERLING ST. BridgeP 01 Conn. Telephone Barnani 884-3 I'i20 and 3-16 (if i a a a i MMi-d i reach a a i In i a which '(, 8 0 3 ceils. a off Vi, a Cierman marks to 11 7-8 cents a hundred. of a cent above low i Belgian, I a i a a i.i'p.o 5 to 14 pointfi.

1 a 4 4 8 Cshlp 4 i ro 4 4 4 i 90 4 42 fi.l'i I'aris 8 I "4 A Tr) 40 A i i a 37 (7 1 i i Ocno.i i 4 i 2n 26 i a I i i i 2fi sn i -n 80 i i 'kr', 1 7 3 1 26 SO a i i 21t.iO 30 i a 19.00 19 30 Spain (pftseta) 15 n3 23 83 Berlin (mark) 7, nc I 14 00 rib sin shtfi .11 mid-nplaniis 21.0" I 10 26 55 00 1 1 1 2 0 5 COTTON YORK, Aug 1 4 i i i 2 0 5 0 Open H'gh. METAL MARKET A 14 --Copper a i spot and near- 1 bv 14; 1 4 1 4 1-S. Tin steady; spot and a 3 2 1 2 3 2 2 5 I a Xo. 1 i 1 0 0 1 3 3 i K'o. 2 Northern 2 9 0 0 1 i 1 1 0 0 2 Southern 20 50 i i I i a spot 5 7 5 0 5 8 0 I Klnc steady; East St.

Louta spot I 1 and a delivery 6. 20 ffji in S.25. ') A i spot 5.25. I Sept. Ot Xov.

Pph M.irr'n A i IIIIIII'. 20 48 20 40 20 50 20 32 20 10 20.53 20 80 20.40 ''O 71 20 63 20 27 2d 41 30 01 20 31 20 3li 20 35 MONEY 20 20 B3 20 4 0 20 65 20.13 i 22 "0 1fi 20 OS 20.05 20.00 A 1 4 a easiar; hlprh low ing rate 4, closing bid offeree nt 3 1 2 last loan call loans acceptance, 3 1 2 time loans a i mlved a a 6 0 9 0 days 4-6 months -1 I- 4 commercial pj.per 4 if 4 1-4. An Investment in one of the Nation's large utility organizations 1912 4,699,814 1913 $5,816,659 1914 $6,741,233 1916 $7,585,602 1916 $8,309,422 1917 3,523,325 Cumulative Preferred Stock Standard Gas Electric Co. Par Value $50 Non-Callable Listed on Chicago Stock Exchange Quarterly dividends payable on the 15th of March, June, September and December Price at market, to yield about 8.0056 The record of the net earnings of the operated Public Utilities of the Standard Gas Electric Company for the past ten years is a record of steady and consistent growth. The Standard-operated properties supply service to 578 thriving cities and towns in 16 states in the Middle West, West, and South.

As these communities increase in size, and continue their development, the earnings of the company will share in this certain growth, Net earnings, after all fixed charges, are more than twice the Preferred Stock Dividends. Growth of net earnings of the Operated Utilities of You can purchase this Cumulative Preferred Stock StandardGasElectricCo. ma sa and conveniently, either for cash or by All facts regarding il.is large our attractive plan. a i a i i progress, stability, and cumings--are available to investors through 191S $8,849,861 1919 $9,980,446 1920 $11,230,741 1921 $12,347,605 its 50-page certified annual report Ask for Circular B. P.

and "Foundation Investments" H. M. Byllesby and Co. 'INCORPORATES'' Investment Securities Second National Bank New Haven New York Chicago Boston HINCKSBROS.CO. Members New York Stock Exchange INVESTMENT BANKERS Specialists in Connecticut Securities 880 Main Bridgeport, Conn.

BRANCH OFFICES Waterbury, Conn. WnterlJury Nnt'l Bank Bide Greenwich, Conn. 102 Greenwich Ave. MONEY When You Want It. LOANS np to $3OO Io Housekeeper, Employes, Quick at legal wtsy pujuienu.

CmU. or Barannt Equitable IndustrUl Society, Inc. ROOM 100 83 Fairfield Licenced MI INFAVSPAPERf lEWSPAPERf.