davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19

gusta Girls Community Club to act
as victualers. Passed.
That license be granted Ralph A.
Smith to operate a moving picture
machine at the Colonial Theatre.
Passed.
That M. T. Merrill be granted per-
mission to sell fireworks at 81 Ban
gor street previous to the Fourth.
Passed.
On report of the traffic committee
licenses to operate public carriages
were granted to Abraham Terrio and
Scott w. Fisher and We're withheld
from BaXton Small and Michael Boil
due.
AS hearings were to be held on the
| matter of oiling several streets and
no one appeared either in favor or
against this action except in the case
of one abbuttor on Chandler street,
a motion was passed that all streets
which were scheduled for the hear
ing. except Chandler street be oiled.
and that the committee on Highways
and Sewers be authorized to investi-
gate the condition of this street.
| which the abbuttor claims is not in
shape to be tarred. He desired that
it be put in proper condition and
then tarred but said that he would
take advantage of his right as a ma
jority of the frontage on that street
to oppose the oiling If the street
were not first put In proper condi-
ton.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
Chicago Cattle Market

Chicago, June IL.
CATTLE-Receipts 10000; active on
most killing classics; generally strong
to Is higher; in-between grade year
lings showing most advance: top heav-
les 1870; numerous loads 1000 1925;
best long yearlings ITO; lower grade
she stock, Gamers and cutters slow.
steady to weak; bulls about steady;
vea,ers steady to strong; stockers and
feeders scarce. strong to IS higher;
medium grades up most; bulk bologna
bulls $50 and AIS: few. heavies 1900
500; bulk vealers to packers 500 q 1000:
light vealers S50@S75; bull stockers
and feeders 650Q800.
HOGS-Receipts $4,000; good to
choice grades mostly 10 higher; spots
5 up; other classes steady TO- 70 high;
or: top 745; bulk $50 to 24O-pound
average 7360740; ESQ to 325-pound
butchers 7lO@73O: packing sows most
lv 6O01635; desirable pigs b5OQ65O;
estimated holdover 1900.
SHEEP-Receipts 10000; fairly ac-
tive: around steady on all grades and
classes: bulk best lambs 10000 1925:
ton 1850; strong weight culls mostly
100: few prime yearlings 145& bulk
14O06 1925: bulk handy weight ewes
55On6a5: heavies $50 a 400: one double
medium Texas wethcrs $50.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
NEW YORK MARKET
......, o. the Days Dealings In All
Pe'' the Leading Stocks

York, June 1S.-Prices broke
&c" IN foday's active session of the
Mas market. the industrial averages
stccss,;shing q new low for the year
nj loss Of two points on the day.
onws,i street was of q decidedly pessi-
MlgN ~ fhe large stock exchange fall
esesc ~, y saturday and the failure of the
ure ~ last week to respond to a num-
marNr favorable dividend developments,
pei , ~ the raising Of the New York
inci.uaai rate and the resumption Of
Cenmnsnts BY the American Smelling
The Street was flooded with wild
yuu , lsrre brokerage houses but the
eIs, basis for these seemed to lie in
cnE f."t that they had been engaged in
tnea.otiens with the bankrupt firms.
prmTh.ss rumors. combined with the
iaress of several commodity prices,
xes mt Of % cents a barrel in Pennsyl-
tns s; ~ crude and the increase in Cali
!o!ni shorts with plenty OF ammuni-
SOM, = their campaign for lower prices.
to n 80 of stocks sank to new low rec
sc Tar the year, including such IA
oia .;.as At U. S. Steel common at 92l,
.ss.cn,dehaker at 1888, Texas Company at
y iKslley-springfeld at $50 and L. S.
rsnhber at 45s.
Oils were III Tree supp! al uay. 4>el
,.. u,.s Of to 81 points were establish
nss sT The Pan-American issues. Califor-
." pstroleum. Phillips Petroleum.
sa All Sinclair, Skelly. Houston and
fu,reasrd Oil of New Jersey preferred.
sSpioidwin dropped Al points. American
r.n 8. Steward-Warner 81 and United
Fruit I. .,.ros which nrey;ors,v
n ant,ered splendid resistance to sell
nav nav nressure. yielded with the rest of
ms st today. New York Central. Bal
!ns & Ohio. Lehigh Valley, North
unopI pacific. st. Louis Southwestern.
en- S.i.eo preferred and Union Pacific each
Easing at net loss of two points or
more. .+ Al NAV cant a.
zoo 70 S and thence to 81. where it
% .sassd Demand for time money and
asnvms v paper was very quiet with
NO change in rates.
r.surh francs broke Is points to els
,ants and German marks established
u..other new low record at .0O06& cent.
Insmand stearlng held fairly steady
.snund s462.
1g Rnnd prices slumped throughout the
~, in today's relatively quiet trad
~. an the New York Stock Exchange.
I ~ however. generally were small.
nns.sssions were attributed to- the in
flence of lowering stock prices.
..;rIr steadv through the day, closing
s say slightly lower than Saturdays Fl;
r wi fgures The tax exempt 3ae and
,ss third Liberty AIS each advanced
~ Toreisn issues were depressed. the
r-.uch issues particularly yielding.
LIONS IS led with drop Of one point.
Esyican As also moved II lower.
railroad mortgages were onered
,,ssy. losses of point or more being
reccrded by Missouri Pacific general
e Hudson & Manhattan income IS: and
Ssaboard Air Line refunding As. Kan
90 civ terminal As gained a point.
Losses in the Industrial group.
while general. were small Cerro I'D, de
raisnhone & Telegraph refunding SIS
rsre off one. Sugar company liens also
Ssre heavy. Punta Allegro Is dropping
y points. ,, ~ e.,
80 DIN
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19

FURNISHED to the Kennebec Journal
through the courtesy of ]. A. Carnage
& Co, of Augusta and Waterville.)
Washington, June is. - Approx
mately $4,000, 100000 feet of lumber
was cut and milled in the United
States in 1922. according to an official
investigation by the Census Bureau.
The investigation shows that the
1922 cut was 25 per cent greater than
the cut of the preceding year. 1t also
would seem to indicate that the lum-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
AUGUSTA LOCALS
Edna w. Nichols

Many friends will be grieved to
learn Of the death of Mrs. Edna w.
Nichols, wife of George d. Nichols.
which occurred in this city at
o'clock Monday morning after
short illness. Mrs. Nichols was Al
years of age. She is survived by
her husband, one daughter. Theo l..
Nichols, and by her mother and sew
eral brothers and sisters.
The funeral services will be held
from the home on the West River
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
CITY Government AUTHORIZES
= TAX RATE or, AZ MILLS 1923
MILLS MORE Than LAST YEAR

A. tax rate Of ~ mills was authorize
cd by the Augusta City government
at the regular meeting held Monday
evening at City Hall, this rate being
to raise $459,15s.32 Of the $633.22e.70
estimated to be needed for city ex-
penses this year.
The finance committee which re-
ported this bill makes the following
statement:
with reference to the matter of
appropriation for the ensuing year.
your finance committee recommend
the passage of the accompanying Or
der. This order Axes the tax rate for
the present year at AZ mills, an in
crease of two mills over last year.
Prior to the recent School Meeting,
your Committee had met and decided
upon a rate of 40 mills. The School
Meeting. very wisely. as it seems to
your Committee. decided that all
school deficit should be paid, and
raised the necessary funds therefor.
This deficit, according to the report
OF the joint auditors appointed by the
School Board and the Board of Aid >
ermen. amounted to $32.504.75. There
was actually raised at the meeting
in excess OF the amount contemplat-
Board (the original budget covering
a part Of the defcit) $26.633.05.
THE report OF the auditors also
shows that the City had expended
s1,241.4S Of school moneys forf which
it had failed to give the schools cred l.
it on the school Account" While
this money has been expended, no
tax assessment has ever been made
to cover it, and 1t was spent upon
the theory that 1t belonged to the
city and not to the schools. Now
that this error has been discovered it
should be corrected. This can only
be done by making the necessary APP
preparation. In line, therefore, with
the policy OF the school meeting, and
in order that there may be a com
plete adjustment OF the school and
City books, your Committee has in =
cluded in its appropriations said sum
of $7.24l43 to cover this item. max
ing the total amount raised on ac-
count Of the schools in addition to
that which was contemplated by the
first estimate OF the School Board,
$33.S74.4S. This additional appropri-
alton. the possibility OF which. UNI
til recently. at least, was not con-
tomplated by anyone, amounts to a
mills.
Due to the most unusual winter
which we have just experienced, the
snow bills for the present year will
exceed those Of last year by approx :
mately $4,000. In addition to this,
the state tax exceeds that OF last year
by $14.6ss.
There was brought over into the
present year from last year a tenn
porary loan of $500. 1t does not
seem to your Committee good bust
ness that temporary loans be carried
over from one year into the next. and
while. in all probability. it will not
be possible to have all temporary
loans paid in full by January ]. 1924,
your Committee has set aside an ap-
preparation Of approximately $4,000
to be applied toward the reduction of
this old temporary loan.
I'm view OF the foregoing. your
Committee recommends that the tax
rate be fixed for the ensuing year
at 20 mills.
The following appropriations were
made and the table also gives the es-
Inmates Of revenue for the year:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
Record Crowd
See Boston College
Win Over Holy Cross

Boston, June 1S.-More than $4,000
persons said to be the largest crowd
ever to witness a college baseball
game, today watched Boston College
defeat Holy Cross by a score of to
/ at Braves Field. The victory even
ed the series between the rivals and
third eame will be played in Wor-
cestcr on Saturday.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
TWILL PLAY ANY
CLEAR CLAIMANT.
| TO STATE TITLE

Cony having won over the fast
Massachusetts team in the dual here
last Saturday is considered the logi-
cal State champions and will defend
her title against anyone having any
clear claim to it who wishes to play
them Wednesday afternoon.
In an item in the Press Herald yes
terday the sport writer for the Port
land paper said that no team in the
Telegram League would stand a
show against Cony with Brennan in
the box.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19

Total estimated revenue
from all sources. .$53322s.70
Reconcile Differences in Books
An order was passed which cleans
I'D the difference between the school
accounts and the city accounts. This
order reads, ordered that the city
auditor and other city officials be and
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19

road in Sidney. Wedn., sday after
noon at / o'clock. q
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
New York Money Market

New York. June IS.
Call money stronger; high Of. low
Il, ruling rate ~. closing bid 81. offered
Il 81. last loan u.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
FINANCIAL NEWS

Call loans against acceptances
Time loans steady; mixed collateral,
6U.S0 days 4305; As months S.
Prime commercial paper. s.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-06-19
Copper Kettles Made
Co. From Lincoln Penny

: Miniature copper kettles hammer
ed out of a Lincoln penny. Height
y of an inch over all, diameter at
base about u Of an inch. A rare
example Of skill and patience, and
showing the ease with which COZ.
per is worked. q.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22
NEW YORK COTTON FUTURES


NEW ORLEANS. La, May 21.-Unset
tied market prevailed in cotton today
Periods of net declines were followed by
periods of net advances and no decided
trend developed. The close was points
up to IL points down. net for the day
with July at 1856 cents pound and Oc-
tober at 22.44 cents. Weakness in the
stock market was something of de
pressing influence in the late trading and
on top of this brokers received rumors
of cancellation in the wooden goods trade
and that some automobile manufacturers
would reduce their output of cars.
Weather influences were decidedly mix
ed. Soon after the opening prices were
to IL points down. compared with Sat
urday's close. the dry and warmer
weather in western and central divisions
of the belt but the forecast of return
to cloudy to unsettled and showery con
dtions for the greater part of the belt
caused quick rise which sent prices to
the highest of the day. advances over
Saturdays close of 10 to 36 points. July
rose to 1851 cents and October to 2275
cents. For a while the market held
steady but selling was induced by a
private estimate OF rs per cent of nor
NAL as the condition of the Texas crop
and IL per cent as the increase in the
acreage. From then on prices gradually
lost ground and at the lowest of the
day were IL to IS points under Satur-
days finals. with October at the new low
level of the day of 22.35 cents.
In the late trading the tone was stead
led somewhat by the local sale Of . line
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22
COTTON ADVANCE
LARGELY DUE to-
SHORT COVERING

NEW YORK, May 21.-An early ad-
vance in today's cotton market
seemed largely the result of covering
by old crop shorts. July sold up
to 25.SSc or As points net higher and
into new high ground for the re-
covery of about IN C per pound from
recent low levels. The strength of
this position pulled the new crop up
several points, but after the NOR
urgent demand for July had been
supplied. demand eased off owing to
reports of continued weakness in the
stock market and better weather
prospects. July sold down to 25 53c
or about 35 points from the best.
and closed at 25.64c with the general
market closing steady at a net adj
vance of 81 points to a decline of s
points. new crop positions being gen.
orally to points lower.
The market opened steady at an
advance of to % points on covering
and buying believed to be for Jap
anese account. There was scattered
southern selling which caused some
irregularity right after the call but
the tone soon turned firmer on COW
ering by near month shorts, COM
plants of showers or rains in the
eastern belt. and expectations that
the price of July contracts would
move upwards to a spot parity as
soon as trading in May contracts was
over. Old crop months sold "a to As
points net higher on this advance,
with May touching 27.27c and the
new crop worked is to 20 points net
higher, with October selling at 23.10c.
The furry of demand for July then
subsidized, however, and the market
during the afternoon to unfavorable
reports from the stock market, the
outlook for better weather in the
eastern belt and rumors that promi-
nent southwestern firm estimated
the condition of Texas crop at IS
compared with 81 at the end of May
last year and II two years ago. Last
prices were 13 to "a points off from
the best on old crop months while
later deliveries made new lows for
the day in the late trading. with
October selling at 23.9Sc. Port re-
ceipts were 4.935 bales. United
States port stocks 410.61S. Exports
1907, making 4.376,739 SO far this
season.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22
MARKING UP CALL
MONEY DEFENSES
MARKET STRENGTH.
New Low Records Are Estab-
lished By Several
Shares
BY WALTER d. BROWN
editor New York Commercially
Especial Dispatch to The Age-Heraid.


NEW YORK, May 21.-Marking up
the call money rate to 5 Il per cent
que to the withdrawal of government
FUNDS from the federal reserve banks,
robbed the stock market of whatever
little strength it seemed to possess
during the early part of the session,
and this, it must be admitted was not
very much. New low records were
established for number of stocks
on the present decline, notably steel
common, which dropped to 95A The
bears were favored by the temporary
shortage of call money funds made
necessary by the paying off of Vic
tory notes by the government.
This, however, has nothing to do
with general market conditions, be-
cause as soon as the banking cycle
can be completed the money will find
itself back again in the banks, and
once more available for specializing
purposes. Those who are not well
informed on banking procedure would
be apt to assume from this the con-
hrmation of their fears that Wall
street speculates with banking funds.
This is literally true, but not in the
sense generally believed. Call money
brings high rate of interest, and
as its name implies, is subject to i'm
mediate call, and is amply protected
by the deposit of ample collateral.
All Classes Use Call Money.
1t is a profitable employment for
funds and safe one. Everyone who
trades in Wall street, whether he is
. resident of Fifth avenue or Michi-
gan boulevard or Main street, par
ticipates in the use of there call
funds. When they are scarce and the
interest rate goes up stocks are sold
because the added interest rate may
change profit into loss.
Professional opinion of the market
is against the decline. The weekly
reviews of the commission houses
Indicate belief that the decline has
run its course view, which the writer
shares. Notwithstanding the fact that
the market persists in going down.
These reviews point out that it is
now in a position where any bullish
news could be easily reflected in the
sharp advance, while there is con-
siderable decline reported from the
high point of March, it has to be
noted that the net decline during the
past two weeks has been less marked.
General counsel seems to be on the
side of advising a conservative po-
Otion on the constructive side.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22

packing sows to Is cents lower; mostly
$500 d615; fat pigs. weak to Is cents
lower; bulk. ss.5o@sso; few at 1915.
sheep: receipts 1000; killing classes
generally steady to strong clipped lambs,
natives, $17f0; better grades generally
si6.5o@17.oo Arizonas, s15.oo91575:
shorn Texas wethers, s7.s5 Arizona ewes,
$3.50.
NEW YORK. May s1:.ca.tls receipts.
5000 100; cows. si.75@ss25. v,,.
,s.oo tS1s euiis, $500 @75o; little
calves, $4,000 $500.
sheer sna lambs sprng
lambs. sl7.ooa17.5o; one car choice Ken
Hogs. receipts, lo1eo' lower. Medium
ss.o0dS.5O: roughs, $4,000 SIS.
CHICAGO, May 221;mcattle rec.dpt
is higher: desirable beef heifers more
Weight 1880 pounds; best long yearlingi
Bulk beef steers ss.75@10.lo sever
loads heavles. $1,000 numerous lo
slo.oo@1o.5o; few with much weight
der 1915; veals unevenly lower, most
rs to so off; spots more on common lig
kind stockers and feeders steady to
higher better grades refsGtins sd@an
stockers and feeders. $500 s.25.
lover HsS' spots 'ts'S OF more, top, s7.7s; bul
$50 to 20 s4o pound s average s7sSS75
packing sows mostly ss.15@6.5o: bull
desirable. 10 to 1870 pound pigs. s625a
SIS: estimated hold over. $4,000.
sheep. 10000; slow. fed lambs mostly
10 to 2b lower; best sc pound average II
city butcher, s15,25; weight sheep and
yeariings steady to strong heavy, sheep
unevenly lower choice us pound Call
fornia ewes s7.75; $50 pound natives $3.50
106 pounds California yearlinss, $1,000:
decks Texas wethers, $500 with 145 out.
Three decks choice 10 pound California
springers s1765. seven decks SO to 81
pound average, $780, few natives.
sl7.35.
EAST ST LOUIS. Ills, May 2l.-cat-
tie. receipts 1000. native beef steers
10 to 10 lower; bologna bulls steady 70
10 lower, light calves 100 lower. othel
classes unchanged; top steers. 1918
steers. s7;s@sss Texans s552255@ss77ss
Gamers. $2.75@3.25; bologna bulls, $3.50 q
SIS; calves. s9.25Qe.5o; top, s9.76 stock
Hogs: Receipts. $1,000; slow, mostly
10 to 1sc lower; top, s7.5s; bulk $50 to
s4o pound averages, $500 7.75, large
part of run still unsod; packers bidding,
to 1870 pound averages. $1,000 7.75; I'M
derweishts, s65o@s.oo; packer sows
sheep Receipts 5000; fat lambs
mostly 251 soc lower; spring lambs show
ing most decline; few best springers to
city butchers. $1,000; bulk, sl6.75; culls.
$500 q 1850 no good !shorn lambs sold
$500, heavies, 500.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22
REALTY TRANSFERS

Alexander Canning to F. f. Butler lot
Is In block "a. according to the map of
East Lake, for $3.50.
BirninghaiH Realty company to D. o.
Nichols lot l and part of lot in block
90. according to birmingham Realty COM
pany's Fourth Addition TO the City of Biz
mingham, for $4,000.
j. L. Yancey and Annie NJ. Yancey to
B. S. Jennings and NJ. Lorena Jennings.
lot in block 1876, according to the pres
ent plan and survey of the city of Biz
mingham. for $4,000.
Mary II. Little to Ada G. Johnson. the
eastern u of lot in block 721. accord
ing to plan aud survey of the Elyton Land
company, for $1,000.
William c. Fits and Eleanor II. Fits
to Joseph s. Church. lots IL and 10 in
block so. according to plan and survey
by the Elyton Land company. for $4,000.
J. F. Stockdell and NJ e. Siegel, north
y of lot IL in block 72o, according to
the plan and survey by the Elyton Land
Boyles Park Land company to A. l..
Gilbreath lot 20 in bloc ks, according
to plan and survey of Boyles Park. for
$4,000.
7. V. Lutz to vincenzo Rosato. lots
6. and in block 10. north, in Smith
field. according to DIR. Joseph r. Smith's
addition to Birmingham. for $3.50.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22

of the time quiet in the absence of Liver
pool and ANY particular cotton news. The
finals were points to 20 points up on
the near months and 10 points lower on
the new crops. Spots were quiet and
generally quoted unchanged to 80 points
higher. Buying of July, some of which
was no doubt covering was about the
only trading feature. This buying was
based on the strong statistical old crop
position and also to reports of better
spot demand in the Carolinas The mar
ket might have held stronger but stocks
broke again today and cotton eased off
in sympathy. The map was cloudy and
showery east and showers were forecasted
for all cotton states. Crop reports from
Texas are coming in so good that this
news offset weather conditions in other
sections. This is probably the reason
new crop months lag and possibly would
be lower but for the strength in July
Considerable interest is manifested IN what
will happen in the May option between
now and Thursday noon, many expect
1t to sell at greater premium over the
July option. Sentiment continues bearish
and sales of October appear the best
S. II. Stewart & Co.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-22

LIVE STOCK MARKET

CINCINNATI, o., May 2l-Hog re
ceipts, 100; weak. 10 to 25 cents lower
heavtes. s7;7S; packers and butchers.
$500 7,75 heavy fat s.ws $500 q $50
pigs and light. s5.oo@7.S5; stays. $3.5o9
400.
Cattle. receipts, 500: strong to $50 %
$500 $50; COWS; ss25a75o; calves.
sheep. receipts. 5000; strong; 5000
$50. Lambs. strong. s1o.oo@l7.5o.
LOUISVILLE. Ky. May 21.-cattie. re-
ceipts. ZOO; active. strong: heavy steers
$500 @ 900: beef steers. $500 900 heif
ers. s5.5o@9.50; cows. s2.o0Q7.50; feed
ers, ss.0o@7.25; stockers, ss.5o@7.25.
Hogs. receipts, ZOO: steady: 1853 pounds
up $3.50; 12O to 1865 pounds. $500; pigs
5000 throwouts $3.50: stays, $500 down
Sheep. receipts. 1900; lower. lambs,
$500; sheep. s5.oo@6.5o.
KANSAS CITY. Mo-. May 21.-Cattle.
receipts, 10000; calves. 1000; calves.
steady to so cents lower; practical top
400 a 800; fat cows. steady to weak
bulk. s5oo $50; few choice and prime.
s7.25di.75; hefers. yearlings. Gamers
and bulls. steady; most heifers. s65oQ
O0 some held above $500; top yearl-
ing steers. $10.25: Gamers and cutters
mostly s2.75 4.25; bulk bologna bulls
around $500 stockers and feeders, weak
7.25 few at s7.75. and common grades
down to $500.
Hogs: receipts. $4,000: mostly 10 to 10
cents lower; E@ckers, top. $40; shipper,
top. s7.a.; oulk of sales, s7l0G 7.S5 bulk.
desirable $50 to ESQ pound. $3.50 q 1855;