davidaulloa/AmericanStories huggingface dataset:
New Britain herald., 1928-12-31
INVESTMENT FIELD
 FUTURE PROMISING
Hieh Grade Opportunities El- pected to Present Themselves
Ry !. M. CHERNOFE

President Fidelity Industrial Bank
 American business is closing its books for the year with new records to its credit. The general level of business activity prevalent in recent months forecasts a more favorable start for the New Year than was the case in 1928. Industrial trends in the fall of 1927 were downward. This year the tendency was upward. The resultipe momentum is counted upon to maintain the present com paratively high position of the i'm portant barometers during the early months of 1929.
 The record activity of the steel in- dustry in 1928 constituted one of the strongest factors in the general busi- ness situation of the year.
 The history of past security mark cts reveals the fact that interest rates over the long pull do not Af- feet the normal market. Stocks have often risen in the face of high rates and have often declined when money was easy. Where corpora tions are showing good earnings their stocks will sooner or later show corresponding increase in prices. However. high money rates have the effect of discouraging ex- pansion and new ventures. This in turn sooner or later causes q leth- largic industrial situation.
 Another favorable stock market factor Is the continued pronounced trend for further consultations. Ii would not be surprising to see . greater concentration of capital in the rubbers, oils. automobile and su. gar industries. With these prospects in view security prices will show corresponding advances with the progress of industry. Hectic and stupid speculation will be discourag. ed and once again stocks having merit will advance.
 The year 1928 has been a year o1 material and outstanding progress in banking. investment securitiei and younger industries. The avia.
 
 prises. radio manufacturers, the ray. on industry. chain store systems ir newer fields. the electric refrigera- ton industry, all have expanded their production and sales. strength. ened their financial situation. adopt. ed more efficient operating methods and introduced better products. Al of these industries will show q much larger growth.
 The success of the investment trust movement has been due in nc small measure. to the application ol scientific, expert. consistent intel!i. gence to investments in common stocks..
 It should be remembered, how. ever. that the experience of the automobile and the petroleum indus. tries has shown that as youthful in. dustries grow many of the pioneer companies fall by the wayside. Par ticipation in the growth of . new industry may bring enormous re. turns-and 1t may bring loss. Sound Judgment must be exercised if sue. cess is to be assured by investmen, of funds in a new and growing busi. ness.
 Many high-grade investment op 1 portunities will present themselve, during 1929. and systematic invest ment is the foundation of financial independence. The purchase of { well-diversified list of outsta ndine common and preferred stocks vii assure the largest return upon capi. tai funds and greatest possibilities o. capital appreciation.
New Britain herald., 1928-12-31
BUSINESS SOUND, BANK DEAN SAYS
A. J. Slopa Believes Congress
 Will Increase Tariff Rates
BY A. J. SIlOPER Chairman Board Of Directors, New Britain National Rank

In spite of the vast amount of money tied up in stock speculation, money conditions will remain easy outside the large cities. General business conditions appear to be sound. and for that reason I think We may confidently expect q con- tinuance of good business for the next few months at least.
 The growing tendency of dealers to keep their inventories of mer- chandise down. and 10 buy iron, hand to mouth, does not help to improve the profits of manufactur- CTS, but it does insure a fairly sta. ble business. As the purchas sing power of the country Is enormous and the capacity to produce has been 50 greatly increased. competi- tion Is bound to be active and keen and I think the feeling among manufacturers is that the tariff. on lines of goods manufactured in New England. should be increased sc avoid the dumping of foreign goods which Is going on increasingly. For. tunately. the incoming congress can be depended upon to take care ol that phase of ths situation.
New Britain herald., 1928-12-31
MANUFACTURERS OPTIMISTIC
 OVER BUSINESS PROSPECTS
A, F. CORBIN President Unton Mfg. Co

''Our opinion as to tho New Year will probably coincide with many others. and h necessarily based on the past q an indication for the future.
 The year 1923 was an improve ment over 1927 in the volume of business. and as the year closes. our incoming orders warrants the belief that business is to continue at least as good as 1927 and. we believe. with prospects of some increase.
 During the year we have made substantial progress on . new line that gives promise of increased business. There seems to us to be indications of a good. healthy busi- ness in the manufacturing line for at least the early months of 19c9."
New Britain herald., 1928-12-31
Hitchcock Loses Four
 Houses in C COnaagratiOn

New York, Dec. Fl @ = Four horses owned by Thomas Hitch cock, jr., polo player, and one owned by Thomas McCreery. . trainer. were burned to death in a fire which destroyed the McCreery stables at Belmont park last night. The horses were valued at $30.000. the stable at &20,000.
 Matthew Connor. watchman at the Green Tree stable, died of { heart attack duiing the fire.
 The Hitchcock horses, all les than one year old, arrived recently from England.
New Britain herald., 1928-12-31
SEES SL0CAL STOCKS l ON S0UNDER BASIS
Developments Make for Progress FIR. X. ( Co. Statistican Says
BY J. MORE GREENMAN, JR- Asst Statistician Fuller, Richter,
 Aldricll t Company

0AOShNsA - NVshksJ
 Many interesting and significant events have occurred in the Hart ford insurance stock market during 1928. but the most important devel- opment has only recently been an- nounced. It has long been realized that Hartford insurance companies would eventually follow the prece- dent established by New York com panies of reducing their par values. New York insurance companies have 50 acted in order to gain wid- CT markets for their shares, and with the purpose of exciting and re- taining public interest in individual companies to prepare for capital ex- pansion. Now 1t seems reasonably certain that Connecticut companies will follow the same procedure.
 The year 1928 has witnessed oth- CT incidents, however. which indi- cate the sound and progressive de- velopment of Connecticut compan- ies. Three capital increases have taken place during the past year. namely, the increase in the capital Of Aetna Casualty & Surety from 32.o0o,ooo to 5000. 900: that of the Travellers from s15,0Oo. O0o.0oo to S17,5o0. 900: and that of the Aetna (Fire) Insurance from $5.00O. .0Oo to $7,so0.o00. The Aetna (Fire) h. surance increase was the first change in this company's capital structure since 1910. These capital increases represented distribution to stockholders 0f rights" worth at average market quotations ap- proximately $5s,750,OO0.
 It seems fairly certain that the 1928 annual reports, which will be- gin to appear in a little over g month. will establish 1923 as A record year for insurance stocks Very substantial investment gains seem inevitable. Fire insurance companies, moreover, because of the favorable fire loss records throughout the country. are expect ed at least to duplicate 1927 under writing results. The life companies furthermore have experienced . favorable mortality rate.
 Rank Stocks
 While Hartford bank stocks ad- vanced in price during the spring of 1928, these advances can hardly be called commensurate with those which took place in the New York bank stock market, nor were capi- tai increases. dividend increases and reduction of par values nearly co prevalent a among New York banks.
 A very significant development in local banking during the past year has been the organization of secur- ity companies affiliated with the banks. formed for the purpose of handling tho investment business of the company's customers. The growth of security companies 8 movement which Is common to the whole country. should materially strengthen the position of the banks. and result not only in profits for the stockholders of the security companies, but also materially im- prove the banks earnings.
 Public Utilities
 Tho outstanding event in the To- cal public utility stock market dur ing 1923 has been the reduction in the par value of both the Connecti- cut Power and Hartford Electric Light Companies stockA and the increase in capital of the Connecti- cut Power Company.
New Britain herald., 1928-12-31
Judge Fahey to Retire
 In Rockville Today

Rockville, Dec. 31 R,-Judge John E. Fahey. who has been associated in the police court since 1907, and judge of probate for 20 years, to- day. brought his official duties to a close as he will be retired tomor- row under age limitation of 70.
 At the recent election C. Dennison Talcott. former senator and repre- sentative. and well known manufac- turer, was elected judge of probate, and the governor has appointed Ed gar B. Dawkins, . Yale man. to the city court office.
New Britain herald., 1928-12-31
|S0UND TRADE ERA l FOR SIX MONTHS
Brokerage House Analyzes Pros
 peCts Of Business Conditions
By PUTNAM < co.

The year 1928 will doubtless go down in history as one of the most interesting in financial circles. At the outset there was great activity both from a speculative and invest ment standpoint. High grade in- vestments such as bonds and pre- ferred stocks were in tremendous demand. and rapidly enhanced in market value. AS time went on the speculative interest in the market became more and more pronounced, with trading on the New York stock exchange in unprecedented volume. Interest on the part Of the public was countrywide. For the first five months prices advanced vigorously, with the result that a great many individuals had huge paper profits. However. during the month of May credit began to tighten and rates for money ad- vanced, and it was inevitable that the market should ultimately have to recognize these conditions, with tho result that during June and July there was a substantial reac- tion in prices. For while in both speculative and investment circles dullness was the outstanding fea- ture. Late in August activity again began on a large scale, and after a few weeks transactions on the New York stock exchange were in such volume that the ticket tape was frequently one hour behind in printing quotations. These condi- tions continued until late in Mo- vember and early December. when another fairly substantial price re- action took place. The year closed
 however, with speculative activity on a large scale. Perhaps the clear est picture of stock exchange ac' tivity can be hHd through the fol- lowing figures: As of December 20. the total sales in 1927 were 575,- 1 Se6.675. For the same period in 1928 the number of shares traded in was s12,975.512.
 It is exceedingly hazardous to make any prediction regarding tho future. The one thing that both bankers and brokers are watching most carefully is money. Naturally at the close Of the year rates are very high. call money going to i2 per cent and outside loans be- ing made as high as l5 per cent. However. tight money and high rates have been more or less in eff feet for the past six months, and tho market has apparently ignored them. There is a limit somewhere. and with brokers loans still over the five billion dollar mark, 1t would seem as though an abundant sup ply of credit for stock speculation was not only improbable. but i'm possible. We feel that many invest
 ment issues can be bought today on most attractive terms. As far as speculative commitments are con- cerned, we think these should be made with the utmost caution.
 From all the reports we have read. it would seem as though gen. eral business during the coming six 1 months at least will be most satis- factory. Beyond that hardly anyone dares to predict. During the past year . great many kinds of busi- ! ness have been exceedingly pros porous, and recently there has been a noticeable improvement in some other lines such as the textiles, which is most encouraging.
New Britain herald., 1928-12-31
PROHIBITION MEASURES

Manchester. Dec. 3l N-Legisla- tive matters will be followed In be- half of the Connecticut prohibition state committee by Louis St. Clair Burr. of this town who was chosen Saturday to be temporary state chairman to i'll the vacancy caused by death of D. L. 0. Hohtnthat. Nr. Burr has been secretary of ths oom- mittee and familiar to larse degree with the work Nr. Hohentha1 did.
New Britain herald., 1928-12-31
OUTLOOK BETTER THAN LAST YEAR ". E. AttWod Sees Improve
 ment if Money Is Not Tight
BY W. F. ATWOOD Chairman Board of Trustees, NeW Britain Trust CO.

If eXcessive use Of money to finance unusual speculation in stocks does not unduly shorten the supply of money for the normal needs of business, 1929 ought to be . good business year both countrywide and locally. The local outlook seems much better for the coming year than it did in December. 1927.
New Britain herald., 1928-12-31
Dead Girl Formerly
 Lived in T0rriugton

Waterbury, Dec. 3l RIThe Miss Alice Judd who was killed in . grade crossing accident at Kenosha- Wis. yesterday with four others, was daughter of Clark s. Judd. for merly of Torrington, and now vice president of the Kenosha Branch Of the American Brass company. Word to this effect ca-7e to John A. Coe. ST., president of the American Brass company. The Judds. went west about IF years ago. Miss Judd was . college student.
New Britain herald., 1928-12-31
Leaders of New Britain In.
 dustry Forecast Sound i Conditions for Next Six ! Months at Least.

Manufacturer generally arc en- couraging In statements made to the Herald in connection with the out look for business for 1929.
 George T. Kimball. president of the American Hardware Corp. ex- presses the belief that "businen will be,equal to and. possibly. . little bit more than for the first six months of 1928" although the corporation originally expected slight decrease for that period.
 Charles F. Smith. chairman of the board of directors of LanderA Frary q Clark, is conservative in hts esti- mate, saying that Two believe that this country can reasonably expect . continuance of the business condi- tions that 1t has obtained during re cent years."
 c. F. Bennett, president of the Stanley Works, says that "fundamen- tai conditions arc such that indtca- tions for at least the first half of 1929 appear to be good for continued prosperity in this country"
 Frederick M. Holmes. president of North & Judd Mfg. O., states that in spite of economic weaknesses in some fields. there is good reason to anticipate active business in the first half of 1922"
 Salesmen of the Hart < Cooley Mfg. Co. report that there is no pes simism among their customers. J. H. Robinson. chairman of tho board of directors of that corporation says, concluding with: T wouldn't be sur prised If all of the manufacturers of New Britain are comparatively busy this coming year."
 A. F. Corbin, president of the Union Mfg. Co. is optimistic. saying s'there seems to us to be indications of . good healthy sbusiness in the manufacturing line for at least the early months of 1929"
 E. J. Skinner. chairman of the board of directors of the Skinner Chuck Co.,, shares with other lead- CTS of industry the conviction that 4SSS VIII O4 - 0VuAo Oo0AuSDS S0~ts "We expect our plant will be more largely employed than at any tirnss since the boom Of war times." he says.
 Complete statements by tho manu- facturers follow:
 GEORGE T. KNlBALL
 President American Hardware Corp.
 Replying to your letter of Decem- Der Fist, would say that, while our original estimate for the first half of 1929 would be about I per cent lower than for the corresponding period last year. we have now re- vised our plans and expect that the business will be at least equal to and, possibly, 8 little more than for the first six months of 1926"
New Britain herald., 1928-12-31
E. J. SKINNER Chairman of Board, Skinner

"This year has been satisfactory e to volume of business for our company. showing . large increase ever the year 1927.
 "For the coming year we antici- pate a business of Crcater volume than 1928. In 70 far as we have heard from the trade the impression is that 1923 will show further in- crease.
 We expect our plant win be more largely employed than at any time since the boom of war times.
 Business in general will be good throughout the country. with labor eslag snplsysA"
New Britain herald., 1928-12-31
CHARLES F. SMITH

''If we can have aS good c year In 1929 as in the year just ending we shall be satisfied. We believe that l. all the country. generally speaking can reasonably expect. There are al- ways difficulties. endorsements and hazards connected with . change in the federal administration of this country. These things we do not have now to reckon with and we believe that this country can reason- ably expect a continuance of the business conditions that have obtain- cd during recent years."
New Britain herald., 1928-12-31
FREDERIUK M. HOLMES


 President North ( Judd Mfg. O.
 Tt would bc an exaSgeration to state that conditions in all indus- tries are eminently satisfactory. There are still some depressed ones. such as coal. railroad equipment. textiles, which need help as much n agriculture does, and for the same reason. viz-. the profitable disposa' of their excess output. However. fundamental conditions gre sound. At present there is no imitation in commodity prices. in- ventories arc at reasonable levels, there is ample labor available, re- lations between management and labor are harmoniouA transporta- ton systems arc functioning smoothly. competition for business is keen. interest rates for ordinary business purposes are not excessive. purchasing power of both agricul- tural and industrial communities are strong.
 There is good reason to antici- pate active business in tho first half of 1929"
New Britain herald., 1928-12-31
c. F. BENNETT President Stanley W0e1ks

''In answering your inquiry of December 21. fundamental condi- tions are such that indications for at least the first half of 1929. ap- pear to be good for continued pros perity in this country.
 If this condition exists there is 10 reason why New Britain manu. 1acturers and merchants should not share in 1t, and it is my belief that this will be the case"
New Britain herald., 1928-12-31

READ HERALD CLASSIFIED ADS
 FOR nEDT RESULTD
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07
TRAVELLING DOG KILLED
Collie Owned at Princeton Covered
1900 Miles Alone.

HBU Times SpCclGt
PRINCETON, Ind, April 7-"Bil-
ly" colline dog owned by Ed Powell,
which gained prominence a few
years ago by making an 1,800-mile
trip alone, has been mercifully killed
by police after suffering injuries
when struck by an automobile.
The dog accompanied Mr.. and
Mrs. Powell to California and before
their return wa slost while they
were in New Mexico. Eighteen
months later the dog walked into
Powell's store here, having found
his way back home in manner
no one could explain.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07
MYERS SPURNS KHAN
Says Democrats Must Reno, nee Or
carnations Aid.

BIZ Times Special
JASPER, Ind, April 1.-THE
Khan will hold out to the Democrats
a promise to win; but a victory that
would result as .gthe Khan promise
did with the Republican party
would ruin the Democratic party
forever" said Walter Myers, candi-
date for tn democratic nominal
ton for United States Senator in
an address here today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07

of the Federal Council of Churches,
will speak in the national Easter
service to be broadcast at 10 tonight
over the MEG Red network, from
WEAF', New York.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07
Dial TWiSterS
Central Standard Time
Meters Given in Parentheses

WFBM (275) INDIANAPOLIS
Indianapolis Power and Light Coz
T. NJ.
6:3O-Timc signal. Julius C. Walk &
Son.
6:31-Late news flashes. Indianapolis
Times.
G;f5-Miss Louise Moss at the Baldwin.
1:Oo-A Pair of Spades and the Craig
HarInpniZers.
1;i5-Millard Howell, tenor: Margaret
ButterfeId, accOmpanist.
S:00-Anita Scott, sOlOist.
8:30-CapitOI Lumber Company f.oIic
9:3O-HOOsier Harmony Four. courtesy
NJ. G. Van Way of ShelbyviIle.
IO:3O-Time signal, courtesy julius c.
Walk & Son.
1O:S1-An hour and a half with Charlie
Davis,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07

The finals of the tenth annual
national interscholastic basketball
tournament, to be held in the Bart
lett gymnasium on the campus of
Chicago university, will be broadcast
by WHOA at 8 tonight.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07

"THE SEVEN Last Words of the
Il Cross" will be presented by a
group of singers under the direction
of Hugo Mariani, in a program
which will be broadcast at tonight
through stations of the Blue Chain
listed in Dial TWisters.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07

Charles Premmac, an American
tenor whose work has been favor
ably received by critics here and
abroad is the singer selected by
Bernhard Levitow to appear tonight
on this weeks Barberger Little
Symphony program to be broadcast
over station WOR.
DIR. S. Parkes Cadman. president
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07
SUNDAY
wFBM (275) INDIANAPOLIS

WFBM (215) INDIANAPOLIS
indianapolis Power & Light Coz
9:3O-Christian Men Builders.
I1;00-ROberts Park NJ. e. Church.
l2:SO-Circle Theater organ concert,
Dessa Byrd.
l:30-COOperative Artists hour.
2;30-MarOtt Hotel musical, courtesy
.Kruse Cornell Company.
3:3O-Chimes hour, indianapolis Con-
Servatory quartet.
5:O0-StutZ concert.
6:00-Time signal, julius C. Walk q
e:Ol-First Friends Church choir.
1:O0-LoeW's Palace stage presentation.
WKBF esq INDIANAPOLIS
(Hoosier Athletic Club
IO;45-First Presbyterian Church.
8:OO-Indiana Federation of Music
7:OO--First Presbyterian Church.
$3.50 O'clock
w School, o475.9 Atlanta-AgOga Sunday
WV (s52.0 neutrality-suspicious. serv-
ices.
-9:45 O'clock
WCAE (4613) Pittsburgh-Services
WCCO (405) Minneapolis-St Paul-Trinity
Lutheran Services.
WOO (3486) adelphia-Servces
WSAI (361.2) Cincinnati-Services.
10 O'clock
CFCA (357 Toronto-Church Services
KDKA (315.6l Pittsburgh
WGY (379.5) Schenectady Episcopal
Services.
WHAS 1924 Louisville Baptist Services
WRC C466) Notwithstanding Services
1880 O'clock
WEBB 1856 Chicago-Church of Christ
Scientist.
VICES (242) Chicago-M. f. Services
-1O:45 O'clock
WMAQ (447.5l Chicago-Peoples Church
DR.. Bradley.
Voc (374.Sl ayenport-Congregati ona
Services
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07

DR. S. Parkes Cadman, president
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07

The andante movement from
Schubert's SYMPHONY No. l" will
open the RCA hour by the New
York Symphony Orchestra, con-
Quoted by Walter Damrosch, which
will be broadcast at 7 tonight over
the NBC Blue network. Following
is the complete program:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-07
WKBF esq INDIANAPOLIS
(HoOsier ATHLETIC CIuhl

A. NJ.
I0:45-First Presbyterian Church.
p. NJ.
3:O0-Indiana Federation of Music
clubs.
7;O0--First Presbyterian Church.
Seward daily gateway., 1928-11-06
7 olstoii's s Great Drama
 At Liberty Tonight

Count Lyof Tolstoi, the most famous writer of his age, banished from Russia for his radical literary productions, lived the balance of his life in France, where he wrote the novel Anna Karenina".
 In making this into movie play two of the greatest stars, John Gil bert and Greta Garbo are given the leading roles so that the powerful emotions of the famous story would be adequately expressed in the sil- Ient drama To balance this deep drama the Liberty is showing also one of those funny Lupino Lane comedies.