davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-03-07
y-SpringGeld
To Double Capital
Common Shareholders to Re.
ceive Quarterly Stock Dividend
if Plan Is Approved

Directors OF the kelly-SprinQfcld
Tire Company yesterday voted to in
crease the common capital stock from
S5,o29 900 to $lo,000,0OO and to dis
burse the new stock to common stock
holders in the form Of stock divi
dend, payable in quarterly instalments
of per cent, beginning May /. This
payment will be in addition to the
regular quarterly dividend of 81 a
share.
Van II. Cartmcll president of the
company, in statement to share
holders announcing the stock divi
dcnd, said that this action was taken
"by reason of the large surplus which
your company has accumulated and
the encouraging outlook for a continu-
ance Of an increase of its business and
earnings"
"Plans which your company adopted
Tor material expansion of its bust
ness, necessarily curtailcd owing to
the war, will now be actively prose
cutcd," he added, "in order to pro
vide the necessary manufacturing
facilities required for the constantly
increasing demand for its products"
Mr.. Cartmell stated that while he
believed the surplus and earnings or
the company will Justify the continu-
ancc of the quarterly cash and stock
dividends they would be subject to
increase or decrease, "depcnding at
all times upon business and financial
conditions prevailing at the time Of
their dcclaration."
A special meeting of stockholder,
has been called for March 81 to secure
their approval of the proposed capital
increase. In addition they will be
asked to authorize a decrease in the
preferred stock from So 300 to So
100000.
New-York tribune., 1919-03-07

steel trade, generally speaking, has
been better than it was represented to
be in some of the publications.; that
it has been better than We feared it
would be; thnt all things considered
We have no reason to complain. and
that the number Of unemployed has
been less than one would suppose from
somc Of tho statements which have
been freely circulated.
Unemployment Exaggerated
ave know that, as n matter of fact,
on account Of tho ordinary turnover
in labor and other reasons which re-
suit in idlcness, temporary or other
wise, there are always large numbers
Of unemployed, and therefore it frc-
qucntly happens that when people are
expecting, in consequence Of unusual
conditions, an increase in uncmplOy-
mcnt, cXagEcrations arc made.
"Personally, ! have believed if bust
ness men and others who arc INTEREST,"
ed in business conditions and results
would retain their composuro and cOur-
age we would gradually, if moderate
~, return to condition normal and
satisfactory"
Judge Gary said that through the
publication of Secretary Rcdfcld's
plan business progress would be tenn
porarily retarded "unti there is a
successful cooperative movement which
is calculated to inspire confidence and
activity lie pointed out that the
steel and iron men occupy "positions
of great responsibility" "What we do
at this meeting may have an important
bearing upon the whole business sit
uatlon. We must not, we will not, in
tentlOnally make mistake"
New-York tribune., 1919-03-07

Some day the short sellers Of
copper stocks may learn. Until that
day history will repeat itself. Yes
tcrday the "porphyry" copper com
ranies cut their dividends, exactly
as the short sellers expected them
to, and to the extent they were cx-
pccted to, and the stocks went up.
A fortnight ago the worst expecta-
tions of the shorts about the por-
phyry quarterly statements were
fulfilled, and the stocks went up. A
month ago all the looked-for falling
off in the Steel Corporations un-
filled tonnage appeared, and the
stock went up. 1t is not that the
news is "over-discounted," in the
sense that the price Of the stock
falls too low, but that too many
people know of the bad news; too
many people talk about it; too many
people are induced before the event
to sell stocks which they do not
own. Most of the people who actu-
ally hold stocks have heard about
the news before it appears, and
have made their sales accordingly;
while the short sellers are by their
contracts compelled to buy stocks
that they do not want from people
who are not SO anxious to let
them 90.
Yet yesterday might almost be
distinguished as the first day since
November 10, 1913, to bring forth
really cheerful copper news. There
was not only the negative fact that
the dividend action of the porphyry
companies represented almost the
last bad development in the copper
companies that had been looked
forward to. The positive cheer was
the announcement that the govern
ment had finally agreed to allow the
companies to take over its own sup
ply of copper and sell it within fif-
teen months This does not reduce
the supply of copper to be disposed
Of, and it does not increase the de-
mand, but at least it allows the
copper companies to know just how
much the supply is and just what
will be done with it. Further, yes
terday's copper market displayed a
better tone for the first time in four
months; quotations were raised Il
Of a cent The official statement
published by the porphyry COM
panies remarked that "a really sub
s11antlal buying of copper appears
10 have been developed the last
week around current prices" And
an announcement was made the sig
nifcance Of which was perhaps not
fuIly appreciated The companies
ere conserving their cash in order
that the copper may be carried"
That implies discontinuance Of the
policy OF trying to force the metal,
on the present market, to the fur
ther detriment Of the price, but to
wait, if po/ibe, until real demand
New-York tribune., 1919-03-07

The above rates express the cost Of
foreign money in terms Of the Ameri-
can dollar You buy an English pound
sterling, say, at $a.75H. The intrinsic
parity is $685. per pound Thus, you
say either that pounds are at dis
count or that dollars arc at a premium,
whlch Is owing TO the fact that in Eng
land the demand for dollars with which
to settle accounts in this country is
greater than the demand in this coun-
try for pounds with which to settle
accounts in England
New-York tribune., 1919-03-07
Paris Bourse Dull

FARlS March G Trading on tho
Boursc was dull to-day. Three per
cent rentes we're quoted at CO francs 80
confines; exchange on London ut 2s
francs 321a centlmes, and the per cent
loan at 80 francs 40 confines.
New-York tribune., 1919-03-07
Bar Silver ssIlippcd

The Now York Assay Office started
shipment of $t250,0O0 in silver bars
on the way to India on government ac
count. AT the same time the Philadcl
phia Mint shipped $l,000,000 Of the
metal to the Far East.
New-York tribune., 1919-03-07
The Dollar i'm Foreign Exchange

The foreign exchange market was an
extremely dull affair. About the only
important change was a slight decline
in Swiss francs.
Closing rates yesterday compared
with a week ago, follow:
Quoted dollars to the pound)
New-York tribune., 1919-03-07

The Tribune's average price Of
industrial stocks yesterday reached
the highest point SO far this year
New-York tribune., 1919-03-07

We have now made all arrangements
necessary to hold the remainder of this
cotton crop and we intend to do it
Representative Hefin, Of Alabama.
New-York tribune., 1919-03-07

We have a great future Immediately
at hand. Prosperity is before us and
we cannot stand back.-Carter Glass,
Secretary Of the Treasuru.
New-York tribune., 1919-03-07

The Federal Reserve Bank of New
York has put in force the following
schedule Of rediscount rates which
apply to bankers ncccptances: Maturi-
ties up to Is days, 4 per cent; 16 to
GO days, inclusive, AZ per cent; CT to
80 days, inclusive, 412 per cent.
New-York tribune., 1919-03-07

The world is now more efficient in its
productiveness.-Yo oufoueta Reuiev.
New-York tribune., 1919-03-07
Finance Economics

Federal Reserve banks on commercial
paper for all periods up to ninety days {:
New-York tribune., 1919-03-07
Repercussions

The dark ages are being relived in
Russa.-Fred /. Kent.
There is just as much human nature
IN the world as always.-B. f. Harris.
New-York tribune., 1919-03-07

Nominal.
Below is given the current exchange
value of foreign money in dollars and
cents, together with the intrinsic gold
parity, as calculated by tho United
States Mint:
New-York tribune., 1919-03-07

Sub-Trcnsury. Tho Sub Treasury
gained $3370oo from the banks on
Wednesday.
New-York tribune., 1919-03-07
Bank of EngIand.-LONDON, March

Bank OF NEUTRALITY-SUSPICIOUS., March
G.-Tho Bank Of England weekly state
ment reveals an increase of 89,563,0 600
in private deposits, bringing the pro
portion Of the bank s reserve to liability
down to 1852 per cent, compared with
2051 per cent the week before. The
present condition Of the bank, with
changes from week ago, follows:
New-York tribune., 1919-03-07

Insurance companies are said to be
doing record business.-The FanGn-
cier.
New-York tribune., 1919-03-07

Silvcr.-London, 47Md, unchanged; +;
New York. 10I n, unchanged; Mexican
dollars, Whd, unchanged.
New-York tribune., 1919-03-07

London Money Mnrkct-LONDON,
March 6.--Closing rate for money 3is
per cent. Discount rates we're short
and three months bills, 1872 per
cent. Gold premiums at Lisbon 70.
New-York tribune., 1919-03-07

Discount Kates.rhe following table
gives the current rates Of tho twelve
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
Waking Up Communities

THAT practically every community
is blind 10 the danger il faces III tn
perculusis. is Indicated by the fact
that wherever an intensive campaign
against the disease is begun. the rec
ords of death and sickness from tn
berculosis there increase by leaps
and bounds"
This statement was made recent
" by Philip p, Jacobs, assistant sec
retary Of the National tuberculosis
Association. which will offer more
than $3.50, 0o0 worth of Bed Cross
Christmas seals for sale between
Dec l and Dec. 10 this year. One Of
the ways in which the proceeds of
the sale will be used to awaken the
cities and towns of the nation to the
danger.
THE death and sickness records
increase because the campaign
against tuberculosis uncuvers a large
number Of unsupported cases" con-
timed Mr. Jacobs, at finds that tn
bercIflosis has been reported as
bronchitis. influenza or some other
disease. II finds that persons whip
are suffering from colds Otter are
tuberculosis victims. These cases
are recorded, and the true extent Of
The disease IS known
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

miles an hour. Just think of It.
Wonderful koa forests. like our ma
hugauy) have taken fire and burned
III Two places; property has been de-
stroved. buildings and cattle and the
government road has been crossed IN
TWO places and there IS no way OF
bridging or getting around the river.
so the island IS cut up INTO 1ncom-
nunicabie districts. Thousands OF
people have been fiocking rom Homo
lulu TO see Il, and the steamers have
been running many excursions. At
night il is d sight for miles around.
This wide river OF fire running down
the side Of the mountain drop 5000
feet in the Is miles, IL can be seen tor
many miles. There has only been a
few slight earthquakes SO far. The
smoke has covered the entire group
OF islands and we have been IN q haze
for a week just as Il there was
great fire, and the sun has been Like
a big red bail, the air so heavy we
could not see The mountains around
us here 200 miles away.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
WINSLOv

The marker which has been placed
opposite the Congregational church
BY the members Of the Fort Hall
tax Chapter, D. a. R.. TO mark the
trail OF Benedict Arnold in his ex-
pedluon against Quebec was unveil-
ed Wednesday, afternoon with appri-
prIate ceremonies. AT $50 the as
se1nhIaEe was called 10 order by
Mrs. H H Britton. the regent of the
chapter America was sung:
prayer was offered by Rev 0. z.
Barnard. Mrs. W. c. Robinson of
North Arson, a past State regent.
unveiled the tablet. and the flag was
saiuted by the audience. The fol-
lowing exercises were held at the
church. Professional. Mrs. Sam
clark, org2nlst; remarks by Mrs. Il.
;. howard. the historian and chair
man Of the Arnold Marker commit
tee; reading by Mrs. Philip Dunbar:
address by Mrs. ". c. Robinson.
The marker reads as follows.
This marks the place where Arnold
ana ms men landed. on his way to
quebec IN 1776. Erected by the
Fort Halifax Chapter, .. A. R., IN
1919.
Mrs T. P. williarns of Freedom
IS guest for a few DAYS of Mrs.
Joseph Eaton. Mrs Williams for
merry resided in winsiow, her late
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
Diabetes Treated
Successfully

Medical science admits of no
definite cure for Diabetes despite the
many years of experimenting and
research by physicians. However.
this popular theory might be called
1ailacious If one We're TO Judge from
the following unsolicited testimonial
from a grateful user of Warmers
Safe Diabetes Remedy.
4 had been troubled with Diabetes
for q years / heard about Warmers
Safe Diabetes Remedy and | tried
some OF II and got myself in good
condltion and Went TO work again.
One man said he dortoreti for wears
and that one bottle of Warmers Safe
Diabetes Remedy did him more good
than al the doctors. I am much
pleased and so thankful for your life
saving remedy that l cheerfully rec
ommend il to anyone troubled with
Diabetes and I hope this will be the
cause of helping many sufferers -
(Signeda James Plat, Natl Military
Home, Dayton, Ohio, u. 8. A.
Warmers Safe Diabetes Remedy In
made from formula tried and test
ed and used with remarkable results
during the past 40 years. AS the
name indicates. Warmers Safe Dia-
hetes Remedy in absolutely safe and
is made solely from herbs and other
beneficial ingredients. Sold by lead
ing druggists everywhere. Sample
sent on receipt of ten cents. Warmers
Safe Remedies Co., Dept. 500, Roch-
ester, n. ADV.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
WRITES OF HAWAIIAN
VOLCANIC ERUPTION

Mrs. :. z. 5laisaeli of Augusta Re-
ceiVes d Very interesting letter
from FER Daughter, Myrtle Hall,
Who s Superintendent nf a -ospI-
raj on One of the Hawaiian Islands
Mrs. T T. BlaisdeIl OF South State
street has recently received u very
interesting letter from her daughter,
Myrtle Hail. who is superintendent of
q hospital on one Of the Hawaiian Is
lands. She writes in part: We are
Just now having a lot Of excitement
over the volcano. Il has been ei'upt-
ing now. for nearly three weeks. II
broke out IN d new pfHBe and ran
down the mountain side in a river OF
lava. that was from 80 70 zoo feet
deep. and 1000 feet wide, IN the
widest places. and other places where
il had only a 5pfoot gorge TO run
through. 1t Travelled TO the ocean
distance Of Is miles and there spilled
into the ocean, with rush and roar
of steam that was Iiilened TO the let
ting off of steam Of a Thousand loco
motives At once. The ocean is boil
ing for Il distance OF half mile
around the mouth of the river, and
was covered with the bodies of dead
FISH. The coast line III that point has
been built out a quarter OF mile
After a week of running into the
ocean at the rate of about 20 miles
an hour. there was quite large udis-
wave. that did q lot more damage
than the lava has. It was predicted
the floor of the ocean gave way un-
der the strain Of the extra weight OF
so much and caused the tidal wave.
This week il has broken out IN
still another place. and the hole IN
the side of the mountain is about 300
or 400 feet across, and the lava is
fountaininE up out of this. for SOB
feet into the air and rushing 10 the
ocean in q different path than the
first one at the rate of rs or 100
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

Starkev and son visited their son in
Augusta last sunday
Miss Harriet Cook visited her
sister, Mrs. G. W Starkey in Augusta
Monday.
Mrs. p. c. Clifford was IN Hinckley
Sunday calling on friends.
Mrs. Albert Robinson is visiting
her dauGhfer. Mrs. P. c. Clifford.
Mr. ana Mrs. e Z. Jones passed
Sunday with his mother, Mrs. Sarah
Jones Of Cross Hill.
M Donahue of Oakland passed
he week end at his home.
Maurice Lancaster passed the week
end in WareIviile with his parents.
Mr. and Mrs. w E. Lancaster.
Mrs. Alberta Farrhnrn is slowly
ginning from her recent Illness.
NassaIboro Rehekah Lodge, No. 81,
worked the degree on n class of
candiGares on Tuesday night and had
an oyster supper at the close of the
meeting.
Miss Iva Turner Of Oak Grove
called on Mr. ana Mrs E. Z. Jones
recently.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

Two discoveries have added greatly
To human welfare.
In 1885 Newton originated the vac
uum process for condensing milk with
cane sugar to a scm-tqnd form.
In 1883 Hor!ick at Racine, Wis, dis
covered how to reduce milk TO dry
pozrdcr form with extract of matted
grains. without cane sugaf.
This product fsoRLlck named
Matted nsiIk. Name since cppied
by others.) Its nutritive value.
digestibility and ease of preparation
(by simply stirring in water and the
fact that it keeps in any climate.
has proved of much value to mankind
as an ideal food-drink from ia1zsey
to old age.
ASK for HcRllcx.s -evoi6 instssssas
ju3eothurs,t
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
READFTELD

DEPCT-Mr. and Mrs. Lucius .,
Barrows are in the Tub" enjoying
a visit with relatives.
Charles Bicktord, Augusta. has
been visiting his sister. Mrs. Seth
Wright. two weeks. returning sun
dav Accompanied ny Mr.. and Mrs.
Seth Wright TO Mrs. Wrlght's fN
rner home.
Mrs. NJ r. Newton. Sabattus. has
been visiting al the home Of her
brother, Leslie NJ. Jones. and II the
home Of her nephew, ATlan Jones,
also calling on old friends, who were
pleased TO meet her.
Hiss Jennie Gilman. Readfeld. was
calling on Depot friends Monday.
Mrs. John Hanson. Belgrade. was
the guest of her daughter Monday,
calling on friends and returning
home Tuesday
Mrs. Eta Eewett, posrIriStress Of
Belgrade. was calling on Readtield
Depot friends. Tuesday afternoon.
Evening visitors at the home IF
Elijah Stevens and Jennie Bean
Sunday were Mr.. and Mrs. George
Stevens. Winthrop and Mr.. and Mrs.
CharSes Brooks. Bath.
A. A Kirl1wood is supplying the
place of John Aden at the railroad
station during his absence.
The dancers al InghaTn hall. Mt.
Vernon. enjoyed themselves Satur-
day evening a large company was
present and ''all went lovely" The
grand march was led by the oldest
and Youngest, Z B. Wright and Ruth
Ingham. in graceful manner.
Owen Coleman, who started for
Scion Saturday morning by way Of
Augusta, travelling ny motorcycle,
met with an accident on the River
road. two miles above Augusta. los
ing the third finger Of one hand at
the first joint. The middle finger was
cut sianting. separating the nail and
a small portion of the bone. The
other fingers and thumb received
flesh wounds. Seated on the cycle
and losing his balance. he PM hiR
hand in underneath the chain and
spocket 10 help himself. The fin
gers were caught fast. DR.. Scott Hill
who was nearby was called and adj
vised him to go home to ms parents
and have the family physician. Ee
is under the cnrre of DR. Milliken who
is an experienced surgeon just home
from Camp Devens.
T. ". Hammond was caller on Z.
3. Wright Sunday.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
TROY

CENTER-Mrs. John Spencer. who
has been quite ii with tonsilitis. is
improving.
Mrs Gertrude Danforth returned
home last week from Monticello.
Miss Gladys Hathaway. a student
at Maine Central Institute, is at
home this week.
The pastor. Rev. William Berri-
man, returned home last week from
New York, much improved in health.
Mr.. and Mrs. Brown. guests at the
home of their nephew. John SDencer.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
Danoruffy Heads
Become Hairless

~ "5"t plenty Of thick. beauti-
!. -'' SILKY nair do by all means
-... '-0druff. for II will starve
aa ~uiu L II you don't.
p. 10 mach good 70 try TO
b.. H-n il out. The only sure
..- '.a II dandruff is to dis
"U destroy il entirely.
aDout four ounces of
arv0n. apply il at
",-rlnE; use enough 10
-. scalp and rub il in gently
niger t3us.
=, most il not all. u your
s 'n gone, ana three or
"a"icat.Ons viii complete
-- aud enurely destroy every
A $40 trace Of il.
b.. a ana, TOO. that all itching
~ .a@ u the scalp will s,pn
b. +-.r will look and feel a
jnes better. You can get
.e.. '" at any drug store. II is
d. ana four ounces liz nil
...... iced. no matter how much
h n. ga n.ge. This simple rem
e. aiiss--AGv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

left this week for Boston where they
will pass the winter.
Mr.. and Mrs. Alphonso Dyer Of
Pitrsfield have been visiting relatives
IN town the past week.
Mrs. Powell and daughter of Wa
terville, who have been passing a
week al the home Of her brother. z.
E. Maddocks, are the guests this
week OF her sister, Mrs. Oral Cuddy
and family.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

The Current Events Club viii noid
its regular meeting Friday afternoon
a, 3 o'clock at the home Of Mrs. II.
G. Barker, Stone street. Quotation
"A room hung with pictures is
room allied with thoughts; roll call
Items on Art" The State Fedora
ton. by Mrs Z c. CARL. delegate;
music Miss Eunice Williams; paper.
Mrs. Harold Stone. The program Is
in charge of the Arts and CRAFTS
committee
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13
NORTH NHITEFIELD
Card of Thanks

We. the undersigned. wish 10 ex-
tend our grateful thanks to all VINO
80 kindly responded TO our call for
help when our home was burning
and through whose efforts the barn
was saved. Also to Mr.. Douglass.
our telephone operator, who did his
duty SO efficiently.
MR.. and MRS. F. r. PARTRIDGE.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

Mrs. John D. Newman. Mrs. Edgar
A. Hussey and Mrs. Orerte Hussey
v,ent TO Boston Tuesday night TO at
tend the funeral Of the late MIS-.
Charles A. Dodge. which was heid
ut 2 O'Clock Wednesday afternoon IN
AIlSrOn Mass
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

oiuved al the GanneTt Publishing
house. has accepted u position in the
cashiers department Of the Nickery
Il Hill Publishing Co.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

Charles s. Murphy, who is en-
ploved at Kennebago. arrived in the
city Wednesday, afternoon to pass a
few days at his home at e. Arsenal
street. He brought with him n fine
buck weighing about 2n5 pounds
which ne recently shot in the vicinity
where he is employed.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

Rev. A. ]. Torsieff of Bangor. who
recently rendered his resignation as
secretary of the Maine Anti-tubercn-
iosis Association. was in the CITY
X ednesdav on matters of business.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

John D. Newman, who has re-
turned from a successful hunting
trip at Katahdin stream in the "esi
Branch region. brought home with
him a doe and a buck. the DUCK
weighs 30 pounds and has ID points
II has probably the best head OF any
deer that Augusta sportsmen have
Ilrrugrt home SO far.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

The school garden exhibition and
lecture which WAS scheduled TO be
held this Thursday afternoon at the
Harrington school. has been inded-
nitely postponed.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

George Pooler of Waterville and
Dean Pray and Roy Pray of Show
hogan We're guests, Tuesday, of Mr..
and Mrs. Jack Carnage, 9S Western
avenue.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

The monthly meeting Of the Wo-
mans Missionary society OF the PEN
ney Memorial church will be held al
80 this afternoon with Mrs. George
Cay. 80 Grove street
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-11-13

Hon. William 2. PattangaIl was in
Portland Wednesday on an equity
case, and last evening spoke before
the members Of the Democratic city
committee there.