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TORRINGTON, CT--31 MARCH 2005- 033105JS05-- Elaine Masters of Torrington bids on a silver ring during the benefit auction held Thursday at the Torrington Towers housing complex in Torrington. Procedes from the auction will benefit the John J. Kelly Scholarship Fund. The $1000 scholarship is giving to a graduating senior who is a Torrington resident. The 40 Items auctioned off were donated by local merchants and ranged in retail price from $5 to $275. The scholarship is named after John J. Kelly, Torrington's first Executive Director of the Housing Authority --Jim Shannon Photo--Gerald Baldeo; McCarthy Convention Contractors; Inc.; Middletown; Home and Business Expo, Northwest Connecticut's Chamber of Commerce are CQ