The Bridgeport Telegram from Bridgeport, Connecticut on October 15, 1920 · Page 6
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The Bridgeport Telegram from Bridgeport, Connecticut · Page 6

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Friday, October 15, 1920
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THE BRIDGEPORT TELEGRAM, FRIDAY, OCTOBER IS, 1920. TWENTV-ONE Lowering of Federal Reserve Re-Discount Rate This Week Is Rumored Stocks Are Strong All Day, Retaining Most of Advance Predicted Relaxation of Federal Reserve Kale li Main Factor in Bull Movement--Chandler and Sludehaker Make Big Gains--New York C e n t r a l in Demand on Consolidation Report. BY Bill) \D.\\ W \M.. N K W Y O R K , Oct. I I. The old re- linble Federal llonei-xi 1 bank rc-dis- oount rate vrna out o f hldltu; today tind made toperl'onn j i c l l \ o srr- \ice. Tills t i m e . liimcM-r. i t wan l i v e d t h e l e . d l . i e i i n n t r . i i e o f t h e t'Vdernl R C S O M C I in n k ol 1 New Ym k w o u l d W i l nrd.'i}. This K i \ r .uliled I m p e U i H (nt tho c o n a t i uc[ i\ i iri.^t (.Mil i f dt 1 - j i n i Htrncilvo sJtlo of I h e M tu k H I M I ' U r l , \ i ^] donionsti'fittng 1 I li.il 11 i^ n pcor i u · i and mor in Wall street H i n t o . t n t i n t hi* I There W . I M MMUO l u o l l l i . i k l n ; ; in worked both wnys. l ' i «u i l r a l l y n o attention was paid l i t h e h i n h cull money rate, f l i K i n e i u l I n t e l PHIS - i n d speculators b r i n g loo IUIM.V t r y i n g to flgliro out w h e l l i e i I lie re db.- ooiint ralo r u m o r w o u l d eonif l i n e . Initial prices showed n c o n l l m i a · tion of tho n p i \ m d m o v e m e n t \ v h U \vafl In (full prn^'i es L : on W e d n e M d a when tho session closed. S h o r t I. after t h e first h o u r w o r d eaine l i n t tho floor oC the stork exchange Inn t i l l I O I 1 M . t | U O - Snles Weil- rl!0,(MIO Slmrc-. I n t h e discussion i e f t n r d m ' 4 | |\o In l h . i l I n i i M i n i e h .IK ( h e I l K i i r o h a d I ' e e n K i K e d (o i n d l u e I U [ l l l d , i t Ion, I t w o u l d n o \ v h e l o v v i r c d o \ \ l n i ; lo ( h e 'l p r i ' X i ' t ' M s m;u!e hi ( h u t dlree- p o i l b j s t a t l m r t h a t ihe p r o m i n e n t b . i n k i M i , especially UIOMJ IdentllliHl w l l h t h e K e i l e r n l l l e n o r v e Hani; ol' .N'eu Y o r k , w a n t e d lo do s n i n u t l l l n j ? lo i ensure business a n d e n n l d t h l n l i (it n o t h h i u I h n l w o u l d ' h a v e such a h e n e l l e l a l l n ! U i e n e e on I n d u s t r y arid sc'iil I n i e n l a.s a c u l l i n g ' ff "10 red i s c o u n t rale w h i c h has Cnrnlshnd n r i n y n i g h t m a r e s f o r people In t h e l l i i n n e l a l d N l i l c t . People clomi t o [ h e h'edei'dl Ite.serve h a n k sinllud w h e n I hey were I n f o r m e d ol' ( l i e rumor 1ml w o u l d say mithlni? e x c e p t I l i a l I f sueli i i c M o n Is t a k e n I t w i l l h o " d u l y a n n o u n c e d , " Cli.indliM 1 v\us t i n 1 leader o f t h e m o t o r e.i'oup a n d a t t r a c t e d m u c h a t t e n t i o n 'by n rise or neiii'ly miven p o i n t ' i , I ' r a c t k t i l l y a l l o f t h o wain WHS m a i n t a i n e d up to tho elo.su S l u d e h a k e r Dallied n e a r l y I h r u o point.'. l ' ! i | u l p n i c n t I H M I O M were I n b e l ter d e m a n d w l l h K t t h h U n I h e luvor- ile. The uirniiijf.-i of t l i e t !',iiisp"r- l a l l o n eonipanle.4 in n to pour into I l i e t r e a s u r i e s of t h e o i i m p m c n l eoiu|innle.'i for n d i l l t i o n u l r n l l l i i K stock w h i c h N needed to h n n d l u t lie hi'dlncHS oC the i o u i i l r v . I h i y i i i H of .\i'W Y o r k C e n t r a l c o n l l n n e d lo hi: n r K c i i l . Aeeonv p a n j l n i , ' l.ho s t r e n g t h of the issue wn.s u r u m o r I h n l thi uompmiy w o u l d l a k e over some l o a d 'hut. lho*(i who relayed t i l e news lacker! (ho n u n i ' ol' Ihe p r o p e r t y to he absorbed. R e d e m p t i o n t o m o r r o w o f t h e Tht sign of a reliable dealer ·od the world* best Gasoline Every motor highway and byway throughout picturesque New England and New York is a partofthelong"Socony Trail". GveryQaHonv theSamt The I louse of The Sevm Gables, Salem, l\Iass., made famous by Hawthorne's book of the same name. It was linilt in 1662. M QTOR1STS, commercial truck- .men and farmers--from Salem, Mass., to Oswego, N. Y.--have come to depend upon Socony products. Tbus, ordinary demand has become a responsibility which the Standard Oil Company of New York is constantly striving to fulfil. This is the reason for the steady growth of Socony service. Refining processes, like motor construction methods, are always being improved. Socony gasoline is made and tested in accordance with the most recent standards of accuracy--insuring uniform cleanness, constant mileage to everygallon and absolute dependability. There is a difference in gasoline--just as there is in coal. It will pay you bo discriminate. Socony is a straight-reiinery gasoline. It vaporizes quickly, but it is more than a mere easy-starting fuel. Owners of htrge motor truck fleets use Socony regularly because it is uniformly high- powered and clean-burning. Look for the red, white and blue Socony sign. STANDARD OIL CO. OF NEW YORK REG. US. PAT. OFF. MOTOR GASOLINE GRAIN C111UACKJ, lOol. I ' l . -- ( J r t i l n prlees averased lower to'ilr|,y, I n l l i i e n u e d by louvy soiling of w h w o t anil corn on he part of u leading enslnm trader. Wheat closed norvous aL 1 1-2 eents to 2 1-2 cents net decline with lc- ceiiibnr 2.07 3-4 lo 2,08 nnd March 1.03 1-2 to 2.03 :!-·!. Corn flnlHhed 3-8 cenl' off lo 2 1-2 iunts up and onls d o w n 1-2 oont l o i-8 n 3-4 oenl. Thu outcome In provisions wna n rise v a r y i n g I'rurn 25 ·ent« (o C7 cenls. "COFFEE Aimlo-,!''re.neli $500,000,000 loan ivaK i i m i l n u factor of. primary impor- ( H i i r e I n t h o m o n e y market. Cult IOIUKS ivdabllrtlicd (ho highest initial r a t e of m a n y w e n k s at !) por omit n u h . s e | u c n l l y r n p e t i l l n v v v e s l e v f l n v ' H pel f o r m a n c o by C'losltiK al. 10 per cent. Thin wus not l.hn only d r a i n on local reHxnireoM, however, h a n k w ouii o t h e r f i n a n c i a l institution. 1 ) .sundlnB I n r K o u d d l l i o n a l inimi of money 1o Cuiba, where the m o r a t o r i u m miemn to IIUMI rodnc'od' \ l r t u a l l y nil b u a i net+i to Ihe cash bunlt). Calilci from London n n n o n n e l i n f I h f dtielsioii of Ihn coiil miners' I federation lo f.trllce occustonnit sumo H e l l i n g for foi'eisn account, Brl- l l x l i cxctuuiRe ea.sed only s l i g h t l y , h o \ \ ever hates! domeHtlo advices pointed a n e w to f u r t h e r readjustment, In Ihe. m o r n I m p o r t a n t b r a n c h e s of in- ihi-itry, such as tin. 1 steel ami t e x - t i l e h tides, On tho o t h e r h a n d , proof of n w o u n d t n v e s t m o n l poHl- Llon was (Mice more a f f o r d e d by tho success w h i c h a t t e n d e d t h e Keui'H- I t o i i h i i e l v JliO.OOO.'KlO not issue, J l n l l H . shlpplni,' and oils comprised (he moro n n c f l r l a i n fetiluri'-H of I h e KOMslon, steels, eiinipmentH i i n i l m o l o r s r c p r c s e n t l n v t h i i ntroinf- er IK-MUCS, Net grains of one to f o u r p o i n t s w e i e much* i].;- Bethlehem S(( el, U n l d w l n homonioth'e, Stude* linker", K e t u l l Hloros, Mexican P e t r o l e u n i a n d Xlekel p l a l o . T h e bond m a r k e t was c o m p n i u l l v o . Iv d u l l o n r e d u c e d clciilln^s. Domes- t i e IHSIIOS, I n e l n d l n p : ].lbf»rtl'"i. wro s l l p h t l y easier a n d I n t e l n n l i u n n l H w e i n Irt'DK'iilai Total .sales (pm 1 \ a h i e . ) $t'l,;!75,000. Closer Scrutiny Of Alcohol Trade \\'ASIMNt!'IVl.V. Od. 1 4 . - - R e - f f a n i H i i l i o n of I h e p r o l i l b l l i o i ) e n - foreomcnt l i u r e a u to n f f c r d clot,i.r su'iitlu.v of a p p l i c a t i o n s lo \ v l l h d r a w M i n o r s I'roni b o n d i ' d w a r c h o u s i ' H \ \ u « a n n o u n c e d t o n i g h t iby Coni- i l s f i i o i i e r rCrnmer. 'I'be c h a i i R i i wail n a d e ni'oetBurv, !]\ ( . eomnilstslonnr aald, by Ihe luvrea-ie In ivoi k Involved. Two new divisions were t r e a t e d i i p p l a n U n K ( h u t which f o r m o r l y xanilned applicutloiiw Ono will mss u p o n appllctilloufi for tho n a n u f d c t u r o of alciihollc" pro'lnctw, lotiiriulnc. all non-ljavuriLg't 1 useu ot oxlcatliiff lii|tior, Ifx liui standiirdH for nianut'ac.turoc] iirtlclOH c o n t a l i i .; .Mcohol, r i n d conduct, t r a d e i u - ·(·..vllKutlons to determine w h u t h o r irticlea permitted to be i p a n u f n c t u i - ·d are produced in accordance with he law. The other division w i l l mi o supervision of tho oonstnnc- nn and operation of industrial n l c o h o l and denaitiniiitf plunta. 11 IH p l n n n e d also that the d i v i - sion having charge ot Industrial leohol will devote, aonin tinin ti^thc. levelopmont of uses for d-emitumd ilcuhol by laboratory and research work. l t n I'liUL'tlons also Includo Ihe analysis of m a n y m a n u f a c t u r e d articles that contain u U o h o l to d(- crmlne w h e t h u r t h e y a r e c o m p l y - · with Iho resrulittlona. MOW Y(^ilK, iOnt. H.--Tlien- was t u r t b o r dcclino i n t h o m u r k o l f o r col'feu f u t u r e H l o d n y owlnp l.o a renewal of Dficombfft 1 liquldaUon. Ac- ,lve months sold 1^ to 18 points be- ow hist nlRht's I'loNing 1 . Thoru were slight rallies I n t o on covering with the market closlnp, at n not decline of 4 to 10 polnlH. Closing bids: Oc- oher (1.37; December (1.07; J a n u a r y 1.112; March 7.12; May 7 . 7 2 ; .Inly 7.(12; September S.HI, · K p o t coffee riulut Illo 7s 7c LIBERTY BONDS X K W VORK, Ol. I (.-- U l i c i joiui c.loKlng prlcon; n 1-2s, 92,30. . Iflrht 4H. 89.00, Httooml 4fl, 8 II. I D . I''lr»l 4 I -I.' Sll.r.O. Sooonil 4 I - 4 H , K D . U . T h i r d 4 I - 4 H , D O . D 2 . Kourtli 4 1-4n, HI), I 8. V i c t o r y !l li-4u, I l l i . U U . Victory 4 3-4s, D l i . O i . iinx;n QUOTATIONS niui'. A-MHTKUniAM, Ocl. I 4. -- W l l l l o Hlock (iiiotullonH o o n U n u o . l tu drop OH Ilic houi'Ho lixlny, "iforls were lcliiB mailo by HIP lilffluiut llniincliil mill Ihn spcnulaUvo publlo 'o l i r l i i ^ ,'thoiit 11 ooiifi 1 ! t'lice w i t h (l vlow lo staliUr/liiR l l n a n c l n l nltnlrH, On lliu boiirHo t o d a y HUitar, nihbor, pptrolcuin Hint H l i l p p l n e H h a r f H all clo.siifl below WoiliinHclay'H prlcos. I l i i v i u m H i i K i i r i c i i i ' l i f ' i l :i low I r v o l nl' O H O , w h l l o Hoyril Oiilch I ' d n i l c n m WIIH d o w n a p o i n t lo 720. STOCK. S C I I I O N R O T A D Y , \. V., Ocl. 1 4 . - StoiikholdorH o r t h n f r i H K n n l Klnf 1 - t r i e c o m p a n y In a sni'ciul incotliit? lnro t u i l n y iinrliorliiod Hi'" board of d i r e c t o r s to soil n o t more t b a n 50,000 ahurc'f of iiiibaucd r a p i t . i l flto U lo I'mployos of the coni]i.ny. STOP FOOD G A M l l M N C i . T O P K K A , Ktt.H., O u l , 14.-- Conlrol of b o u r d n of Iraclo t o prevent pi ico Rpccjiilatioii in f a r m prodm-tH wafl iidvocntod by Herbert I l o o v o r , I'oi incr I f . S, food n d m l n l u t r i T K i 1 In , l n l l l o d n y ill a ("MiroroT'O he !mld lion 1 w i t h boad.s of IVH'IS.IM f.u'in or KiinlziitloiiR, lifir.'u-c's, g n i l u ni'.'ii , i n d Ijii.sIneHH men. l S'lXM'K. I'BIOKS. Avrrngo iirlco ........... H-l S-S Avcrnpc Wi'ilnosilny ....... H I I -'I AvoriiBe, a week n«'O ...... H I 8-l Aver»K«' n '"« r »so ........ 100 I - 1 OliH.MllNi HIU'SIO NIIW Y O R K , Oct. M . -- C l e a r i n g honoe PXchanffCH, $ 8 0 0 , 5 2 7 , 8 3 0 ; hul- tinces, $ 7 1 , 7 0 7 , 3 7 2 ; Bn*i-lrpanury debtor $ 1 , 9 7 7 , 2 8 * ; f e d n r a l reaervo c i e d U h f i l a n c p , J54,S5,*1,' Yesterday's Stock Quotations Sal's H l o h Low ion .Mils ciiuini :i:ir'i 3:in(, :i:t% 100 A m u r Atfr Clio Si'j 8Jii Sli'i 100 Am AR Ch i)f 87!4 S7ii XTfc 100 A mor Hone Su 7f 75 75 »W) A.morU:tim Can 32% «2M !l^'!4 IDi Amorlran C pf 86 Mi 86 A »«% Ci'O Am Car K iafi?i I.U'4 J3.T l«fl Am C * K pf JOIH4 IO!H,{, lii'lif. 300 AniPr Cnl, Oil 2'(i,j 3^i :H',i 100 Am Hides *. l,o ll)ii I0',i 10'j, »oo Am ii A i, ,,f :,,s r,s r,8 -00 American Jci- ·(! 10', ·!! 3JIH) Am l u l u - c 7:1 7|,')J 7:1 li,"'i)o A m o r l.ueomol !·;»} HUH, H7i,d 100 Am ho;oni [if 100% 1001, 100% J.'iOO A m u r Hh ; 18 I7',i 17* 100 A m c r Hrni'lt |)f (12',', il:! !IJ' lion Amurk'.in Kn« 104% io;t% \H\VA. 101)1) A m c r S l i m Toll !)0a, »!!% '.Ul^ 100 Ann rlivini Tob 1:1,1 131 1:1:1 liiiO Ainei 'I'oh II 1 :)!!'· ISO l.'lliu 8WI A i n i ' i l c i i n \\-ODI ?·! " 78H 71 i!lliO A n u i i o m h i Cop B0,t' t SO .'lOifcl MM) A l c l l T ,« H F S8'i «".]i S S ' i 100 A T s P |if 77',. 77% ',7'j ,, iioo A I I tin w i m naVj i n 20100 HuKhvlii l,oi: l i n i j . 113V, I M T j 2100 Jliiltiniorn (I 18 -10": -I?'TM ."0" Halt Ohio pf DP,!. Ms fiilV? lino Hiirnill (Join JJIO 12B 130 4»i n p t l i l d l i c m Mot 'I'M ·"i* ·!% 11,100 U n l h l o St»i'l I! 7PU Till'. 7 l 2 ·ton Kroolt Hup Tr 14% KIW' I I loo Hkiyn u 'i' u t f n iiij, '.m :n,i 100 I'nllf Petrol Sd'i 3(IU 2IIU IISOO ' « n u i l l u i i PIIC 127 Id ISttVo I Jinx, :;iioo t ' l m U u i j . w i t h n n -toiji in/. lihlO ('Inindh'r Moto ssi; Tll'j Sti 1.100 C'lli-HllpeH fc () «7a (I7' 1 ,, Ii7« SOO Chi Northw SSli S2ii 82S 11100 ('111 M * St P 12V 4 l , i i 42'C MO C iM ft M P pf 0 3 S «:l (i,1',J loco c.ii itock p 3in.j (isii :ri MOO (jlillc Coppur «:|T; IIIII i, CIt.-K ·1000 (,'lilno Copimr arpji !1 v 24% 300 col jcii.ii [m ;M :n :u 210(1 Columbia Cm 20U, I'l 1 ', 20 010 O'on.solidiil Can 87 8."%" mini Ili'lft Corn I'rod Kef 81 811 S'iTi J 110(1 Crucible' Slenl 1:12 isoni l,)2 -'00 Cuba Oiuic' Sujf 31'i :i3:'i ,'ll Mm Cnlmil SUKIIV II ,(IIK. 40',(| 'H)0 Dolnwdliv f t I I l O f l j 1 0 3 " PK1 dim iii'l l.uck c«r W 24(1 24! 2 l ( i IIOO liirlj , I'l I S ' j J87J J'.'OO Kri' Ml pf 28',i 2S 2SH 3WI I'lrUi 2il j i f 20% 200', 2iW 400 l^lHli Iliilihoi 1 21'i 20a' t 2HS 10(1 r: ( .in'rlil C h e m l I 10 Hli HO 2110 f l e n e n i l Kloel I I" 1.1'l'i ' 10 J I I K I I 1 C)«llirill M d t o l H I 8 H l 7 T i 181)4 1100 ( i r o n l N n r l h pf 881;, 87% 88 400 Orciu X O c l f H ;),|i,(. 3( «4 200 lllhioli C u n h a l mi; imn !i| 1(100 l,nnplrn(lon Cop 43y 1,1 l:| 100 Intc'r A K I C U ! pf SO 80 80 400 Intnrboro Con J Ii («i r, '.lull Inlorhoro (' pf III I,"a; Ii! 100 l n t , r f l i i r v pf 108 I D S 108 1000 I n t e r N'lekrl 18'J 17% l « i Jon? " Sale i l'(IO Filter Nek. I pf ...... l.'iiin I n t e r Men! M n r 18i)i JliiOd I n t e r Jler ,M pf 731,; 100 liilonml Paper 'HM- SdllO I n 1 , i n u l u l n Oil SHOO I t u i i n a u o t l Con In" lyiiel.nlo (3ns 20DO Maxwell Alolor HUD Maxw Mot I ijf 7"; IOO .Mnx\v Slot 2d pf IIi 1(11)00 ilex Cntrol 188 IHIO illdvale Steol ;iin,4 21200 Midi lie H l i l l e s () 1S4 2 I J O O Alddl,. SlilleH () Kits 2^(10 M l w n o u r l I ' u c i r L'8% 7110 M I » H o l n l I'll pf .[,.! Hun N.it A n i l A ill ri".ii (i"0 Nil! A A fli pf 00 7(li«l N V c v n i r . i l 8Ui 1(11)0 X V \ I I s, || ,j|',j IJIIO X V On I W 25 2M1 Norfolk W.i t i l l 1L.IHI N o r t h f'uolf IKrli Kliimi Pim-'V I' * T 8«»i, IdOl) l'llll-A I ' * 'I' II KJ .''iii'O I ' t - n u w v l v r n i l a 11~,^ 701) 1'eoplen (Jus 3 9 ' . Kid I'ri-SHi'd HI Car 117 UK) I'reMH Ht (! pf 101 »(iO I ' u l l n i a i i Com I III 2(idfl I ' u n i Oil · :ill IOO R a l l w SI Kpr I and lln." Cons (.'op 17i"llO HHUllllK' Sill) H e i u l l n v r I f l l pf 3jOO HeadllK 2(1 pf IOO Ho|ll(!fle K( Co .",,"11)11 l l e p l l b l l e I * St BtiOO Ho.Mll I) of N Y77'H ·IHO ShcM Trail * Tr ««,!, SOO Nloyi Sheffield H7 3 1 0 0 S l n e l n l r Oil R I % 7,lira H o i i l h e i n I ' n e l f 100U dOOO S i i u t h e i n ' l l n l l w S2',S 1,00 Soiitli H u l l pf -·· 110 Stjind O N.J 20(1 SironilHirx Cur Hi'dil studebakiM' (linn TeMi« I'nelfle Jl'i'iO '1'exan Conip ,'iOO Third A v e a u e mod Tobne I'rod Kiou TranARont Oil 2'IHO U n i o n I'aelflc I27'S1 (1(10 Cnlon Paelf pf (17'j (KM) Hulled l-'ruli c 20(1',', W10 I ' n l l c d Ui'lnll H 70V', ion IIS ;a«l -Iniii I' IB imid TS rood I'nid -131', 100(1 PS I n d Alcohol 8'1'i IOO 1'S lad Alco pf |i-l iiS'io us Unbher so IOO TS Huh In! pf 107 12100 CH Steel Mil) CS .St.u'l pf noon I ' t n h Copper S200 \'nnu(lliiiii Corp (d"nj" ioo vii-KiiiiH c cii nn 1110 Western U n i o n l i O O W c H l i n s h Klcc Low 80 IS'ii 7 1 V n 7'l',i 21) 8Ui $ I 75% 30r,J 22% 45(4 H) (Ilk ·T4 roit roni:ic;\ TIIADK. X K W V O U I C , Oct. H , - n u n i f o s . In tin- o n n H t l l n t i o i i o r t h e A m e r i c a n A l f i n u f a e ! urci'.V K v p o i t a K M x I a t i o n , I n i a l i l m r b a n k u a n d i i i m i i i i i i e e mid s t e a m s h i p i ompunicx e l i n l b l e for n i c m b e r H l i l p , were voted -nt ( b e a n n u a l c o n v e n t i o n of ( h e a hHoela.lt on here t o d a y . Tills dr-purlnre wtis Raid to have resulted f r n m Die organ tad- l i o n ' s denirc for closer co-operation In foreimi t r a d e problomx. A Y I I l l a i n '. I t e d l l e l d , former neere I n r y 01' l o m m c i v e , wiis elected presl- d o n l lo nnrcceil ,\V. I,. Saundeis, NOTICC or "REDEMPTION. The Locomobile Company of America Kir-st MorlKni'.,' 'l l(1 3i Vciir Slnklnj! Pnml (I Vvr Cent. CoM IJoiid.", d u e .linn 1 I, I9S'.! liflKlijJH of linivls of 111' 1 above IMIK ,in- hereby noillied Hint t h e underpinned TniHU't 1 under llu 1 KlrM Mortffiti;,' of Tin LoroiTiubll' 1 C o m p a n y of Aineiltv. dale.! J u n e I, 1312, Iwm, pursuant lo A r l l r l n VI of i-iilil iiiortHHite, eiillld for rotlridinnil on ])· ('(·mliiM* I n t . - 1920^ al 10,, pyr ecu- linn of (lie fn»'o vithnt thereof and no- fTlHMl I n l o i v H I , liond.s Ijfiirine nerla NOTICE, ·. I .lofph Varnc'll will not h« rdble for iiny hllln onn(ra:lod by one' I) it myself. l VARVBIA. III) 87'i h i 'A ' (Ml I -I i ldl% 80 \, 7fl , C2f 7214 / r.ii 2'i'i 50 111.1; 0714 .. .11) lill 1 1 2 3ST; 101 11:1 ·19 no 14 M 40 M ( 1 3 M 12 M 4,lli M M M *.''0 M i.: 1 M 4 ' i H M 08 M i M M S8.1 M I 1 W M t.8il M ll.'.l, ,M li.MI M ||fi' M 701 .11 l!i: ,\l V 2 I M 123: G OOD banking serviced with us Is 'a DUT Use it freely. 3% Paid oh 1 ' ckinff Accounts of $50Q « * *. I and over. jAMKSSTAlLFS(3ft PRIVATE UATVUKHS 169 STATE STREET 1874. 47'i. "2 8H ',i 80% n,-.',s, G2.1 701', 57 Mi 81)14 79 77% 494 1)11% 31 "4 101) 12 ,,»* 8 8 ' j I08H4 57!)i 8,"i 47 120 (17 205 (I I 781S HIM! «7.% 1 08 V5 5(11,;, 0,1 7:1 'u 107 ' R8',i 108«i M 'Hi ,\l '.2(1 M 7I2 M 12(1',' .11 I.Mi M S23 ,11 8..V .11 134; .11 181 11 66 i II S'l'l .11 137: 1 M L',',8 M Mi,! ,11 S.ill M 140,' M 322 M r,7l .11 8.IS M Mil,' M 321 .11 .iSO .11 811 .11 HO'I M 4 I H M I.8J .11 8,4 M 141,1 .11 140'! C 11 C 30 O 6'1 C 27 O 4 1 (; 71 i; 35 : :,i cm O S'l mill n p u n Hiicli i h i l c nii( of i l u nioilK.'i^n Hlnlclnr* Kimd provided w l l h IPKIKJOI. (o H;iltl l y n i i e boiidii UearinitT Huch Ntirinl nnmliiM'S will lx i e(nn« lui» nnd payublo nt Dm i:orpor.tiu T i u n t nnpurtmcnf. at Itniikem Trum (Company, Trimtuo, Id W n i l Sliwt, New Vorlc Clly, upon n n r rainier (hereof (Offi'tln'i* ^'llh Ueec'mbT I, I'i20 nnd till immAtured oonponn Thcrenftcr Intercut upon (ho hoiiiln bc'nrliiK «nob nc'rlnl minil)**TM will eciiKo lo accrue FVtlertil Inoomi 1 Tux Owncn ship (·(·rlllli'iilcH coycvliiK roUponH hi" D.cMiilxn' I , J!^0, tvionla liu prcncntod w l l h Ijomlt.. Ualcd October I, 1920. B u n k i r i Truit Compiny, TriiHtet, JBV Jl. V, W1USON, .(It Consortium of Four Nations Preparing to Assist Chinese G a t h e r i n g ol' I n t e r n a t i o n a l Financial Leaders in N e w "iork tixpcct- ecl io Offer Joint Loan--Canada's ( i r c a t Foreign Commerce --Ship Competition Is Fierce. i in JIULliANJJ. MOW V U H N , ()cl. H. -ConsorUnin s one of t h o ' worilo that h ive re- contly cumc i n t o line, u« m o r a l u r l u m dill al tho outbreak of I lie w j r , compelling m a n y peraons to nslc t h u meanliiK'. The p u b l i c w i l l noon u n - dcrslaiid tho moaning if It recelvoa f u l l re[jorla of tins nieetins "f sumo of tho lending; men of f l n n n c e of Ureal. H r l U u n , l''rance, J u p i u i uiul the U n i t e d iStatcs w h i c h Ls l i i k l i i K pluei- In New V o r k ( h i s w e n l . This mi-et- iE' Ls cnlliul » c o n b o r l i u j H n n d the word meant) no moi'C I him n K r o u p u c t i i i K in co-op«riillnn j n d for n a l n - «lo purpose. It ( h e m o i i l l n g Is ,snc- ucssfnl (,'hlna w i l l b« uldud to t h » f u l l t i i p t i u l t y of those f o u r nations. 11 I.M rualiy n jiostpoiieinrint nf n n e u r - lor nioctliiis: rind o£ ( h e action ( h e n t n k c n , whereby «l\- nations nt;reed lo 111 ii ho fi I n t i n of ijoKtdblv BH n i i i c h us $ 1 0 , 0 0 0 , 0 0 0 , 0 0 0 to C l i l n u , e:ich n u t l o n pledslng' Hfielf (o any of (ho o t h e r nn lions.' W h e n Colonel K r y n n IVIIH fjccrotary of Htatu he did not see his way oluar lo Ri'anl I h o moral oupjinrL of the L'nlled HlatcH lo ( h l a midcrlaktiDi, Tlicr»- t'oro t h e A m e r i c a n b u n k o i ' K w i t h d r e w and a little, la lev (lit; K m o p e u n w;ir Knil, That n n r l l e r e o i i a o r t i n i n mel I n Paris nnd Henry l. D.ivlNun sul nt the: head of, (he, table. The iiffrco- ment there rciiched WUH clilet'ly due to ills eniphiUIe s t a t e m e n t t h a t t h e U n i t e d tStiUea w o u l d n o t be :i ])artj r to t h i s c o i i H o r t l u m unlcHii it wero aR'reed that no one. of t h e millonn shoiilU try to g a i n e x c l U h l v e trade o or t\vu i m p n l r t l i e ,so\'er- u l f i n t y o f O h l n n , Th.il i i K r e c i n c n l was made, and 11 H ni?i.*n l u he made nl. tho inoetltu; of the now coiiNor- tluni. I n o i r t o n t a l l y I h e meetliiK in Xew York Is one of Hie i n d i c a t i o n s of Ilic r o e o s n l t l o n of t h e U n i t e d Stales (is thu present day world t l n - niiclal conlcr. SN'lietlKM 1 t h a i jiosi- t l n n w i l l ho m a l n l i i l n e d d c p e n d i In g'rent irieiiHiir*^ u p o n rmrHclvi'H u n d u p o n the Hticcess of (hone men of STeat, i v b l l l t y In I'Jnshiml who arc fjndeai'orliiR to rentoro to l.citidon I h n ponlllon w h i c h ( h u t ell) l i u i l hc- f o r n t h e l O n r o p e n n w a r Ijcuan. Very I l l c u l y a.s a result of I hit) .iotlnft a J o i n t loan w i l l lie t n a d u to C ' h l n n , p r o v i d e d C h i n a guarantees that the f u n d s thus ohtnjncd ho lined to develop h e r n i i l u r n l ronoure,cs, til pny for J.irRe extension of her l i a n a - portalion syHtem n n d t o s t l m n l u t e her Industrie*. If nn uiiri 1 ! 1 !!!* nl of I h l n k i n d he miulo Ihe I ' n l l e d S l n l o H Is Hun; lo K » l h on Its ,'ilrendy l u r g u tr.idc w i l h C l i l n n . A Itnsy N a t i o n . II is proper lo c u l l C . i n n d i i .1 n n l l o n ( i l t l i o U K h M l l l l rccriBnli'.liiR: l o v u l - ly t h o supi'enincy of Great H r l t a i n in n i l h u t ilonie.ttic iil'faira. O n e o f t h e ruiiHoiiH why l l a n n t l a can I h n s he deRlffiinlod IH lo hu discovered In the m a g n i t u d e nf her fornlKn Vade, the (Igures of w h i c h h i i v o j u s t eotne lo h i i n d . l i e l a t l v e l y spenklns: II Is larse.t I ' l i i n (he foreign I r u d e of (lie U n i t e d Hlales, I'm the p o p u l a t i o n of the L l f j t i i l n t o n is a p p r o x i m a t e l y no more I l i n n I h e p o p u l a t i o n o f N e w York Hlnte. H u t I lie foreign t r a d e of Canada i n t h e flflc;il year w h i c h u n d - fld in J u l y was $ 2 , u l ) 0 , 0 0 0 , 0 0 0 .She exporlivl ' c o n i n i o d l l l e H In so trreal a m o u n t ( h a t L h e l r v n l n e exceeded Uie v n l u e of h»r I m p o r H hy $ 1 1 , 0 0 0 , 000. ThlH, r e l . i l l v e l y s p f i i k i n K , Is a-. larK'e an I n l e n u i l l o n i i l t r a d e as lli.il of ( l i e U n i t e d S t a l e s In » l l l f c period. Canada has H u i ^ e s l e d w h e n ( In relativels- as p.rent an a m n n n t us (he ( I n i t n d States nnd ia lo export a e o n u l d o r n b l o j i a r l of this g r n l n . But her (ihl(if e x p o r l H are wood pulp, pa.per and wood p r o d n e t i , C n n a d n In t h e n o r l l i o f u s ' n n d t h e i c p u h l l c s l o t h e s o u t h , I n c l n d l i i K S m i t h A n i e r l - cn, w i l l f u r n i s h the K r e n l e r p a r t of t h e i n l e i T i n t l o n . i l I r a r t c o f t h e ( ' n l l e d States h e r e n f t e r . A SMimiKiui CompetKl.in.- C o m p a n i o n , h o n o r a h l e h n l v l K o r 0118 and e.ni'ried to tho utmost Is to elinrncterlze the ocean 'commerce da t h a i is carrlnd by Ainirli-nn u h l n p i n i ; nnd by the «hlpplns: of the U n i t e d K i n g d o m , Our enrrylnx' trade Is In, hut II In rvit Incrpaslns as r.ipidly as ( h e ( r u d e carried In fnr- elsn ven.se.ln, S l u t l u l l u x d h o w I h a l American sliips In J u l y carried u llt- l l o iindt'i 1 50 per cenl. of our t o t a l foreign commerce. Bui. « \ o n n iliowlnff of tHIs k i n d w u u l d not have been possible, had not, our ships carried CM per cenl. of our (rude wilb Xorlh America a n d f3 Tier cent, of our Irade- with South A m e r i c a , because, our ' veaHCla carried a H l t l u u n d e r 30 per cent, of our trade w i t h Kuropc .mil Hie eiiHt. One of the e B l i n i y l e s Is t h a t «·« p a i d last year more- ( l i n n $ 7 0 0 , 0 0 0 , 0 0 0 on nccmint ol' crhai'fies Tor c o m m o d i t i e s carried from our ports to p o r l N across (bo sea. J a m e s A, Alexander i ecently .staled t h a t for s i x t y years a t In rue p r o p o r t i o n of Ihe profits of American I n d u s t r i e s wen I ovcr«'HH In Ihe form ol' ocean f r o l n h t charges, I n s u r a n c e i n e n i l i i m s iu:d b a n k i n g comnilssions. PRODUCE" MOW Y D I I K , O c l . U. -Hun. r slc.idy; receipts 8.2S3 ( H U M . Cie.irn- cry, J)j|rlnr t h a n extras CO (o (id 1-2 exlra ( i ) 2 n r o r e ) ij[l to ."(I 1 - 2 ; first (8S lo 111 score) 'IS to 58; p a c k i n g sloek, c u r r e n t m a k e No. 1, Sij i - 2 ,o :i7. KHIJS I m - B U l u r , l u c e l p l 1."), 1 2 1 rases. Kieiih. g a l h f r e i ! e.slra (Irstii Ii7 to I I ' ) ; llr»l IK! (o (ill; s t a l e Pcnna. a n d nearby w e n l e r n h e n n e r y while, Ural lu i x l r a 87 lo 1,05; do b r o w n , CM i as 7,~ io S I ; do g a t h e r e d b r o w n - i i i i i uiixed uulorv, llrsi lo t r x l r o 63 la 71. r o t a t o r s easy, Jew sweiHs, bask e t J . O O l o 1.76; s d u t h e r n bid. J . U O lo 1.01). 1'abbunes flrjn, I.OIIK l.ilaiui bbl, ,7."i io 1.5(1; .Kiwey, bbl. .75 to l.So. Ka\v siitfui 1 n u l o t and us no liusl- ness W,IH r e p o r t e d I ' u b a n v a r K r l l c b u n i i L l n i i i i n o m l n n l . There wen; n l i o r l H In Hid m a r k e t r h n l Cuba W.IB u n d i ' i i v o r h n ; t o m-ll t i n 1 r e m a i n d e r of I h i i old c r o p on a i l f. o. b. Imsla. Tnen? was a Rood crniutry f o r 10- llned f o r I m i n u d l a t e d e l i v e r y a n d price were u n c h a n g e d ul 11 c e n t s 1'or l i n e Kra n n la l e d , W h e a t spot e u n y ; No. 2 l e d a n d No. 2 bard 2 37 spot i 1 f t r a c k No\v York and No. 2 m i x e d d i n inn 2.2J c 1 f to in rive. Corn, spol e.is.i, No. 2 y e l l o w l . l l i 1 - 2 a n d N o , 2 m i x e d 1 , 1 4 I-l! c i C .New J f u r h 10 day s h i p m e n t . Oats, spol M e a i l y . 'No. I w h i t e (it! to ti(i 1-2. I . » d i l r i n ; m i d d l e \ve»l 21.30 l o 2 1 . 4 5 . ' C o K o u NIKM! o i l I t r m ; p r i m e Minin i e r j c l l o w Fpot n o m i n a l ; Ocloher 11.30. D l b e r i i r t l u U i H u n c h a n g e d . l',vnt In thin day of "S Reoloro " niollon nlotiiri- oxhlbllors every- ivhero am cnlUncr for more and more "Shorl Subjecln" da "rnmlc relief." us odiiciKlonnl, Ko.Kiilt 1 . lilHlorle.il nnd I n d i i M r l n l sliiiwlngn for (hi- well ruiimli'd liroRram Re«lcraft Pictures Corporation / specialize! In the production and d i s t r i b u t i o n of juit tuclt mbjecti. Lei IJH »(nd -on (ietiilh'd IIIIII|.V«|K de»crll)lim Hie s% SinkhiK Knnrt Prvftrrnl Kloeli (if ( h i s Corporation now bcinu offi-red ut JW.OO per Hh.ire w l t l \ Common S(oolt bonus of lOflr-;,, Aik fer Mtwilure R. C. Parson, Son Co. Mnmlinrn Now York Slock Ritchnnjrf 1 in nrnndway, Now Yorli '300 Sand 10 Inveeted I n F o r e i g n ) Money under our new | plan muke possible PROFITS $1000 TO |30,000l enntfi eUmpa at onco for! our now ZM-pugo booltlel, with full I partlculane. We are sp«cl«llit« I'Vjrelsrn Kxehanijc, a.nd maintain | branch offlc^u In niajiv Uririi cltien. OEO. H. P E R K I N S A CO. 90 Broad Street, i New York I ! BONDS AND STOCKS ,'· Of proven value wit» ' established markets. , 1 WILLIAM R. BULL Sccurllr Bid*. Bridgeport, 't, Buy Options On German Marks GOOD FOR SIX MONTHS The fact thnt German Monty IV selling at » «mnll fraction of .11* normul value should convince «vt« the molt tkeptlcal thnt purdh»M«4 now offer « wonderful opportunltx for large profit!. Exchange .«*·;'·' perti predict a sharp advance with" In the next few montht. . * $550 control* 200,000 Mwkli 300 controls 100,000 Mtrlnf 150 control! 50,000 Marks" 40 controls 10,000 Marlu B u y i n g optlom llmlti ycur rl»k, as the original coat conatltutea your fiitlra liability. The cost of an op-' tlon Involvei the use of about one- sixth as much money a* would M required to buy M.irks outright. Should Marka held on option aj|» v.inee to only one-half normal value, the returna on 940 would bo over $700 and on A larger option the profits would be greater Invpro., portion. Send remittance, gtatlng numbii* af Marks you wish to option at above rate*. We urge prompt action, at exchange rates fluctuate rapidly. SEND FOR SPECIAL LETTER. H. W. Reeves Co. Specialist! In Foreign Exchange 152 Temple St., New Haven Tolr. r.llMTty 8S«--Colony Ri5S ' Open |,;\enliii;s I ' l K i l 8 o'clock ' To Holders of Anglo - French 5% Bonds Maturing Today 4. ^\ c call a t t e n t i o n to the curly due dad 1 of t!;c abov* h o n i l s , -- n a m e l y October J5, 11)^0. After that date. iliey will cease lo bear int'Test. Holders of such bonds should therefore take strp-* at once to present their bonds for payment. / \Ve offer our servici^ free of i-luirpe for this pui'- |)ose. \\'e shall In- g\'ju\ In m a k e I'ollcelion of principal and interest, iiihtirinjf bnuls in t r a n s i t , and · making p r o m p t remittance to t h e owner*. I-'or tho.se who may wish to re-invest the f u n . l s to be received from these liond.s we are prepared tc m a k e MI^e--lions ol" sound s e c u r i t i e s y i e l d i n g from '% to f ' ' i . HINCKSBROS.6?CO. v Mcnttior* New ^'orU Slock ICtchmiRe 207 State Street Bridgeport, Conn. KST.UJUSUKI) 18(1(1 COTTON MOW V O K K , 'CiiM. 1 4 . --Tlieie wt'rc v i o l e n t [irli'e movenirtiitH In (lui c u t l o n U K i r l t i M loday. A f t e r a n early break w h i c h established new liiw recorilH w i t h Dtfeemher contr-n'ts HolliiiK nl 3(1.0(1, ( h e r o WIIH n rally of a b o u t a ecu! a p o u n d from Ihii lowest, bill ( ho m a r k e t liroltn again. s o i l i n g off lo 20.i"0 for Decembei a n d clo.ilriK at HO.O.i for dial jxmlttnn, otlii 1 !' i n o i i l l i M Hbowinjf not advancea ot " to 22 points, Vnrl ri'i'Hlpts 4 0 , S O U . C. S. port H t o e k M 9 5 1 , 0 1 8 DRY GOODS .X'KU V O | ! K , Ocl. H.- - A n n . i i i n . - e me.iit of driiHli. 1 c u t s in [he jiricea ( r o l c a c b e d m u O i i i N «!1I h e i - u i i e t o - m o r r o w , it we* .stated l o d n Uv BI*)!I n s III»II|H for I wo w . d e l v k r n w i i lliids. Tbln .1 HI . i n u r e m e n t , w,m n - terpretod bv d i a l e r ^ u« n i a t k i h t ; (1 1( . | b o t t o m of a. r c i n a r U a b ) . cotton Koodd. M a r k e l a l o d a y iiulcl w i t h prices a l a low W O B l . T. L WAlfSON CO. Privatr Banker* Interest on Your Checking Account STOCKS and BONDS \ COR. MAIN AND JOHN .STREETS " i* i j i H r i n · rlay w e r y l l l n e l n i t d J I f.r IN EV SPA PERI JEWS PA PER I

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