Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-07-18
NEWS BRIEFS

NEWS BRIEFS
Cleveland, Ohio, July 1.-THE ne
COSTLY Of the present credit system,
the gold standard, the Federal Re-
serve bank and of defending the
banking system from attacks by
radicals was stressed by John H.
Puelicher, president Of the American
Bankers association today in an ad-
dress at the opening session Of the
21st annual convention of the Amer
lean Banking institute.
Chicago, July 17-Recapitulizati
of the Yellow Cab Manufacturing
company from 100000 to 100000
shares was approved by the directors
today. The new 100000 shares will be
Stockholders will have the right to
subscribe to two shares of additional
stock for each share now held.
New York, July 17-When Charlie
White and Richie Mitchell meet to-
morrow at the Velodrome they are
expected by fight fans to have fol-
lowed their workouts to put on q
scrap at least as thrilling as was
their encounter last December when
White knocked Richie on his neck
Tor the count in the tenth round.
providence, r. l., July 17-More
Tran half a hundred patrolmen and
detectives dispersed a crowd of sew
eial hundred persons who gathered
when 60 striking telephone operators
attempted mass picketing in front OF
the Union Exchange building here
this afternoon.
New York, July IA letter signed
by George Washington, two by Lin
coin. one by William H. Seward, sec.
rotary of state under Lincoln, and
others by Jefferson Davis and Ham
llton Fish were valued at S22 for the
lot in a petition for approval of its
accounts filed by the Farmers Loan
and Trust company as executor for
the estate of Charles A. Wissman
who died in 1922. The Washington
letter. written in 1881 from his head
quarters at Windsor, VT, was valued
SIS. ~ " -
Washington - The Reading com
pany which owns and operates the
Philadelphia &, Reading railroad
was authorized yesterday by the in
terstate Commerce Commission tc
arrange for the sale of $4,000. 900 in
equipment trust certificates. The
securities will provide new rolling
stock. -'''i's
New York-The California Petro-
!eum company yesterday Announced
! II mas closed a contract with tbf
standard Oil company of New ley.
sey Tor the sale to the latter of az
ouo,oOO barrels of light southern Cali.
lorna crude Oil in the next three
years. Deliveries are to be made ~
the rate of 100000 barrels a month
Munlcn-Ihe aviators who formal.
~ opened the new route westerns,
1Tom Munich to Budapest by wav~o,
, snenha, claim to have made a recorG
t;, IRE flight by covering the on.
M,, Issuance In 220 minutes. The
Nv un 70 VIENNA lap was completed
~ netai plane in 100 minutes
+,,t;e ser. Solo.-The banking insti.
"a ILLS ot the United States on Apri
oo1 -'ne latest date for which
complete reports are ayailabIe-bel
more capital, more deposits and NO
resources than ever before IN A.
! country's history, r. d. Stills. of Nov
Orleans, secretary-treasure of tbs
tNatlonal Association of supervisors
vi state banks. told association dele.
! gaze at their annual convention barl
yesterday. mere
New York-Six pseudo detectives
YESTERDAY held up a truck contain
ing S5o,O0O worth of silks destinad
IOr Holyoke, Mass, and after tai.ine
tne drivers in custody. were malxine
on with the truck and cargo WHOM :
polceman intercepted them. ONLY
one OF the six detectives was
Gaught. He gave the name of .John
I.anzman of Manhattan. Bonafide
oeeectlves are seeking the others.
new fork-John Jaconda was shot
OLA times and wounded seriously
,p.esumably as the result of a boot.
,essers 1eud, by four men who slim
peu out OF a hallway as he left his
capped. i'ieh es-
Buffalo, N. Y.-The Rev. Micboa,
j. Ahern, S. j., president of Canisi,,s
coiiege, Buffalo, has been transfers.
10 Holy Cross college at Worcester
Mass. He left yesterday for HOLY
cross where he will be held of the
chemistry department. Canfsius'
new president will be the Rev. Peter
r. Cuslck, s. j., who comes from the
jesuit noviate of St. Andrews-on.
Hudson at Poughkeepsie.
concord, N. H.,-Col. William T..
MCINTYRE, attache Of the New Eng
land division Salvation ARMY. was
arrested here Monday night for
speeding. Officers said his machine
was moving at rate of As miles an
hour. He was fined $40 and costs in
police court yesterday.
Boston-The report of the sbecial
state commission on the necessities
OF life made public yesterday showed
that the aggregate living cost de-
creased slightly in June as compared
with May. Food prices fell oc one
per cent while clothing and shelter
increased. The cost of living is still
nearly So percent higher than in
1913, according to. the report.
New York1Leroy Sperring, a
Negro. attackda Richard P. Buck
master. editor of the American Fur
rier, in subway train at the Grand
Central station yesterday. When he
was torn from the editors throat he
fought six interborough guards and
policemen who took him to Bellevue
Hospital for observation. He at
tempted to cash the throat of one
of the men with a jagged comb.
London (By A. P.)-The sixth tr-