davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1924-07-29
Chicago Live Stock

CHICAGO, July ga sharp de-
mand for hogs again In the face Of
light receipts quickly raised the
market so to IS cents on the good
lightweights and the top went SOAR
ing to $11.15. This is the highest
price paid since July, 1922, and
shows a gain of 1925 since a week
ago.
Good fat steers also sold steady to
strong with some OF the best grades
quoted higher. Good cows and heif-
ers were on the up slant and sold
readily. Bulls were quoted strong
to is cents higher and calves rs
cents higher. Good lambs started
out strong to 25 cents higher and
the matured sheep sold readily.
HOGS-Receipts. $4,000; market 40
to IS cents up: bulk. 9.io@10.sO; top,
Ills; heavywetght 1920 o 1850: me-
heavy. heavy packing sows, smooth. S.Ss@S.SS:
packing sows. rough, s.40@s.76; pigs,
Il CATTLE ~ Receipts. 5000: market
cSoics ana prime 1880 @i1.5o; medium
and good. $50 @1O.o0; good choice, 1000
q 1l.26; common ana medium, 1900 800.
DButcher cattle: Heifers-6. 90 $50; cows.
ana cutters: Cows and hsiesrs~s.sS q
3.75; Gamer steers, 6.0O0@7.00. Veal
calves (light and handyweight), 5000
1880; feeder steers, 6.75@8.26; stockor
hsiters. s.cOSs.sO: stocEer calves. $500
500.
SHEEP - Receipts, $4,000: market
steady to strong Lambs, fat, 12.B0@
1900; lambs, culls and common, $500
1900 800; ewes, .6.0O0T.0O: ewes, culia
and common, 1.50@s.5O; breeding ewes.
6.6O@1200; feeder lambs. 1LO0012.2B.
The Washington times., 1924-07-29
New Offerings IIeht.

New offerings OK bonds slumped
off following the large amount OF
new financing which was Offered
yesterday morning. There Is at least
one large issue which win probably
come this week and this Il the
$12,O00,O0 Saguenay river develop
nlent bonds which win be placed on
sale probably in q few days by q
group Of New York bankers.
August is generally a dull month
in financing although this year may
be an exception because Of the large
supply Of money and the desire on
the part Of bankers to market their
securities before there is any appTc-
ciable increase in the rates. The
Consolidated Gas Company is ex-
pected to come into the market for
funds but that probably will not
come until fall and then notes will
be sold to enable them to get funds
for expansion purposes.
Sherwood & Merrifield, Inc, are
Offering 100000 town of Ironde-
QUOT. N. r., per cent sewer bonds,
maturing serailly 1929 to 1863, at
prices to yield AIS per cent.
KOuntZe Brothers are offering
$266,000 City Of Akron. Ohio, bonds
OF various coupon rates and maturi-
ties. at prices to yield from Ais per
cent to AS per cent, according to
maturity. The issue includes SIC, 900
street Improvement IS, $4,000 Lit
tie Cuyahoga River PurificatiOu
Ans, $4,000 Water Works Exten.
sion AIS, $4,000 Water Works Elk.
tension and Trunk Sewer Conatruc.
ton SIS.
Splitter, Roricl & Co, are offering
a new issue of $4,000 Ashtabuia
County, Ohio, 5 per cent road bonds,
due 1926 to 1888, to yield per cena
to 4.40 per cent, according to ma
turity.
Prudden & Co. are offering q new
issue Of Marion County, Florida, B
per cent road bonds, due 1889 ana
1914, at price to yield 5 per cent.
The Washington times., 1924-07-29
Chicago Grain Market
C,ithoSn Mnf 31i-sw

rtfirst. CithoSm Mnf zlj-sw l.
CHICAGO, July 29.-The grain
market was irregular At the opening
today.
Wheat started Y lower to Il
higher with buying led Dy houses
with eastern connections. On the
upturn, which came in the early
trading, there was selling by longs.
Corn started Y to Is higher with
brisk demand for the May and only
limited offerings OF he other
futures. Trade was mixed after the
start with offerings large
Oats were unchanged to Y higher
at the start, with general commits
sion house buying AMI limited Of
ferings.
Opening:
Wheat: September 1341s @1Sa:
December 1874 @1S7N; Nay 141h.
Corn: September l090109N; De-
cember sS% @99A; May 1OOA0
1O0A.
OATS: September 51%; December
SAX @54Sk.
The Washington times., 1924-07-29
MOTOR STOCKS
LEAD EARL Y
TRADING
Steel, Copper, and Speciality
Shares Display Strong
Tone

NEW YORK. July 20. There was
a moderate reaction in the stock
market today, from the enthusiastic
rally in industrial stocks which fea-
tured the close Of yesterdays ses-
sion. American Can and United
States Steel. the leaders OF the pro.
cession, were called on to absorb q
considerable samount, Of profit TAX
ing, and prices declined about a
point below the level Of Mondays
close. But bullish movements took
place In other sections Of the list,
notably in the equipments. coppers
and motors, In some stocks Of
which the best prices for the cur
rent movement were recorded.
The brisk upward movement in
United States Steel, to the accom-.
paniment Of extremely heavy deal
ings for this season Of the year,
was encouraging to those who ex-
pect the continuance OF the extra
50-cent dividend. despite the falling
off in the steel business. The di.
rectors will meet at 3 o'clock to-
day, not only to consider the divi-
dend, but also to publish the III
nancial results Of the second quar-
ter's operations. Independent steel
stocks were also strong, Vanadiurn,
Replogle and Gulf States gaining
about point on the average.
Reports that the Van Sweringens
would confer today with represen-
tatives Of the Pere Marquette
directorate and possibly with
George r. Baker with respect to
Fries position in the proposed
merger, called attention to the rail-
road shares, but no special dsvel-
opments occurred here in the early
trading. Pere Marquette sold above
66. but Erie was reactionary and
inactive.
Woolworth, Kresge and Kinney,
representing the mercantile group
made further advances as retail
business was reported on the in
crease; copper stocks held most OF
their recent acquisitions: oil stocks
were inactive but steady; motor
stocks we've led into slightly higher
price territory by WHY'S Overland
and Pierce-Arrow, the preferred
stock at 32N being at the high for
the year.
The Washington times., 1924-07-29
CHECK SYSTEM
URGED FOR
BONDS
Would Eliminate Risk Of Loss
Or Theft Of Negotiable
Securities
BY IfUNROE ROBERTS.
InteEnasionaI News Services Staff
flernssvs1ius.1l. ,,t 4

NEW YORK. July 20.-To facil.
tate the delivery Of bonds bought
and sold between the large invest
ment houses. bankers are consider.
ing the formation Of an institution
similar ID function to the stock
clearing corporation, ana which. Tor
want Of q better name n temper
arily called the Mutual Security
Bank.
The new bank, which was de.
signed by Donald Dnrent Of Les
Higginson and Company. win con.
tain facilities for safeguarding and
delivering valuable securities, but
would have no direct money trana-
actions either with its own stock
holders or the public. 1t would &c.
cept on deposit only snch bonds az
are being dealt in, ana would need
no capital outside OF enough to fur
nish plant facilities, etc. The med.
ium Of exchange would lie check.
these calling not for cash, but TOR
the transfer Of bonds from one
broker to another.
Thus IL broker wished to sell
100000 bonds to another, the buyer
would draw a check on the new
bank for the amount. specifyiny
the bonds. The broker would de-
post the check to his account, draw
q similar check and deliver II to
the one to whom he had sold the
bonds. This check would then cali
for delivery Of the bonds at the
office Of the bank. The debit and
credit checks would form the basis
Of periodic settlements between the
brokers, in much the same way as
checks are now Cleared thrOuEh
the clearing houses M the Vnrlocs
cities. These cehcks. Il Is thoughl.
could also be used rs collateral fof
loans at the commercial banks.
The direct benefit Of the new
mechanism would be in providing 4
simple and safe method q delivery
of valuable negotiable securities ana
eliminating the risk OF losB through
theft and robbery.
The Washington times., 1924-07-29
PEPCOEARNINGS
GAINDURING
JUNE
NJ Earnings Total $f25,S72
g Against $sf .227 for
June, 1928

a su1sianfiai increase in the earn
- ~ ths Potomac Electric Power
CruDn1y for the month Of June,
- compaEed with the same month
~ year. u shown in the monthly
nlDcrt % the company filed with
- PuhlIc Utilities Commission to-
~.
IAa net income Of the company
- lzst month amounted to $685.
~ e. compared with $S1 .227 for
- sanla month in 1923. This is
40 IN Increase over the net in
ca q the company for May,
1874. whlch totaled Sis, 42S.
O1u8 earnings for last month
amouutea 20 s4s7. OSS, which operat-
~ expenses amounted to $251,s24.
The Washington times., 1924-07-29

VEGA of razing the five-story
tlllf1ng a 1419-1421 New York ave-
ne q make room for an addition
- re National Savings and Trust
G1Upany was begun yesterday.
M addition. which will run the
~ heiEhf o. the old building and
cnufaEm % Il enthusiastically, will
cc.G Gpproximately $3.50 900. The
u1ln noor VIII be occupied by the
lruEt company, while the upper
l1ons wiz be rented as offices.
fart q the second floor also will
- taken over by the hank for its
1nuEkeeping department.
The addition win give the trust
euUpany probably the largest lobby
- any hank in Washington, meas
urinE les feet on the New York
MrEnus side and 135 feet on the
EIlteenth street side. William d.
lever. president. expects the re-
noisling TO be completed early next
The Washington times., 1924-07-29
Roads Seek Improvement

Three subsidiaries Of the Penn
sylvania Railroad applied to the
Interstate Commerce Commission
today for authority to issue and
deliver to that railroad certain
securities in reimbursement for ad.
ditions and betterments. The roads
and the amount Of the securities
they desire to issue are: Northern
Central, $4,000 Pittsburgh,
Youngstown and Ashtabula, $4,000.
900; Connecting Railway Company
Of Pennsylvania, $1,545,O0O.
The Washington times., 1924-07-29
WHOLESALE GROCERY
COMPANY BANKRUPT

RICHMOND, Va. July 2o.--E.
grocers. of this city. with many.
creditors, principally in northern
and western cities. went into bank.
ruptcy today.
Their liabilities were listed az
$9S,426 and assets at $16e,10O. In.
ciuded as assets was stock valued
at $4,000 and debts on open 40
counts Of $e4,6O0.
The Washington times., 1924-07-29
Foreign Exchange
N. Y. Cotton Market

NEW YORK, July 90 Opening
cotton. The cotton market was ir-
regular ct the opening today. Au.
gust opened at 1905, down So
points October, 1910 down "a
points December, 2S,26, down rs
points; january, 28.I0, down rs
The Washington times., 1924-07-29
NJ GAHAN URGES
DEFENSE TEST
DAY MD

American Legion members in the
District are asked to assist In max.
Ing Defense Test Day" Septem.
Der ~ a success, in a co1nlnunica-
ton issued today by Department
Commander Paul j. McGahan.
According to the communication.
the date selected by the War De.
partment and approved by Presi.
dent Coolidge fails on the eve 81
the Legion's national convention at
st. Paul. National Commander
John r. Quinn has urged fullest
possible cooperation on the part
Of legion officials.
Department Commander Nc.
Sjanan has been in conference with
the War Department on local ob.
servance Of the day, and final az.
rangements for participation win
be made when the local commit.
tees are organized.
The Washington times., 1924-07-29

Local stocks

Furnished BY w. B TTiAbs q CO.
Pot. E. @. 3 r. 7Ss, 1,OOO@l071k;
], O00@1071s.
Capital Traction Co. 50e6K.
Wash. r & p. Co, 1O@771s, 100
TN, 10@77, 1O@77, 10@77.
Wash r. q p. pfd., 1O@75H,
Riggs National Bank, 1921.
AFTER CALL.
Capital Traction, 5@95K,
Wash. Gas. SIS, 'S3, 81, O0OD1Ol1k.
Capital Traction, 1@95N.
Money call loans, sos per cent.
The Washington times., 1924-07-29

DirecloEs Of the Chapin-Sacks
Cnrporafion have declared the usual
Gnrtezly dividend Of 3 per cent on
4e 3 per cent preferred stock,
1yable August to stockholders of
Fecurd July g.
The Washington times., 1924-07-29
on Stocks

Furninhed by w. B. Hibhs 3 a.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

lferred, the net gains In these issues
ranging from small fractions to 21z
points.
Public utilities also developed ex-
ceptionaI strength with American
, Water Works common touching an
other record high at 9Sh. while new
peak prices also were established by
! the common and preferred stocks OF
its subsidiary, West Penn Power.
! Public Service Of New Jersey and
General Electric also touched new
highs.
U. s. Steel common was heavy in
authorization of another unfavorable
tonnage report on Thursday, closing
at par for a net loss of half a point.
other Industrial leaders also were
sluggish. Oils held relatively Arm
in face OF cuts in Pennsylvania and
Central Western Crude prices.
National Enameling sunk 21i
points to 81 u on reports of unfavor-
able earnings statement for the first
half OF the year. National Lead and
Wilson and Company common were
conspicuously heavy.
Leather stocks were strong on re-
ports of an active market in Chicago
and further improvements In the
leather trade. Among the dozen or
more specialties to sell at their best
prices OF the year were Central
Leather Preferred, U. 8. Cast Iron
Pine, International Nickel. Interna-
tionai Paper. Famous Players and
Willis-Chalmers.
Call monsy opened at ~ per
cent ana then dropped to 2 where
Il closed. The time money and COM
mercial paper markets were quiet
with mo change In rates.
The feature of the foreign ex-
change market was rally in French
francs which advanced 13k points
to 5.14 cents, regaining the ground
lost on Saturday. Demand sterling
advanced q OF n cent to 1888 ".
Canadian exchange was heavy on
reports Of revolutionary disturbances
In Sac PAulo.
selling Of Brazilian bonds inspired
by news OF the revolution In Sac
Paulo. was the most conspicuous de-
veicpment Of tcday's bond market.
n which prices geneYally held steady
= Losses ranging from ! to 8 points
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

particularly in a number OF special
ties in which favorable develop
ments are pending.
big four" was the individual Tea
ture or the railroad report, soaring
ten points to 100 in reflection OF the
publication of a report showing lV@d
earnings at the rate OF $3.50 q
share, against $14.05 the previous
year. Another influence in the buy.
ing of this stock was the prospect
OF its early consolidation py New
York Central which already owns 81
t,er cent Of the common and "a per
cent OF the preferred.
In all eleven rails established new
peak prices OF the year including
"Nickel plate" Southern Railway.
Great Northern preferred. Northern
Pacific. Chicago, Northwest, Sea-
board Air Line Common and pre-
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

were recorded by the Brazilian is
sues, embracing the republics IS
Central Railway 7s, Sac Paulo state
and city IS and Rio de Janeiro OBJ
legations. Chile 7s were shaded frac-
tionally but Argentine bonds held
fairly firm.
The main price tendency of do
mestic issues was upward although
fluctuations for the most part were
narrow. Southern Pacific, Katy"
Seaboard and Norfolk and Western
liens were the outstanding strong
spots in the railroad group, Inter-
national Paper IS and Virgins. Caro-
lima 70 and 7as registered moderate
improvement, while various public
utility issues extended their recent
gains. PROFIT taking continued to
retard the movement of the Wilson
and Company mortgages, the Tvs
falling back 2 points.
Total bond sales, (par value) were
SIC. 1854. 900.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
Chicago July

Chicago, July z.
Rapid progress Of harvest in the
United States together with the rain
in Canada had much to do with bring
ing about lower prices for wheat today.
Closing quotations Of wheat were
heavy at 2 to 2Ec net decline, septem-
to 1.1sa. Corn finished zG1c to lie UP.
oats 4 to &c on and provisions un-
changed to sore higher.
The downward course Of the wheat
market was interrupted twice by good
rallies, but these were only transient
and final dealings were at the days
lowest level.
Bigger receipts OF new wheat piling
up In the southwest, however; together
with Nebraska and Illinois dispatches
indicating that the harvesters were
than an Offset for unfavorable condi-
lions in parts OF Canada. Besides. re-
ports from Kansas showed somewhat
better yields per acre than had been
expected and hedging sales were said
10 have byoadsned out considerably.
Personal inspection Of falls In Il1f-
neis and adjoining states appeared 70
have given, decided impetus TO builish
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

PiW YORK MARKET
a ~ the Days Dealings in All
no leading Stocks

1 ssork, July RAILROAD
, way superseded the indus
I'M, 'eaoers of the upward
/ IN the stock market
r aoW In its fifth consecutive
ssaulhg slowed down some
,asu ~. Of political uncertain
(,,s xe recent increase in pub
w revived pool activities,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
New York Money Market
u. s. Bond Closing

New York. July TT. 8. Government
bonds closing:
Liberty 3Ss. 101.1s.
First ~. 101.30.
Second ~, 1919.
First 43s. 1924.
Seconds AS, 101.1s.
Third AIS. 1910.
Fourth 43s. 1927.
Treasury 4as, 1042s.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
CLASSIFIED.DlS
LIGHT Six for Sale

Practically new touring car
Tor q quick cash sale, can save You
$500 or better. on Q light six studs-
date sale. In perfect condition. Best
Of reasons for selling. II interested
Cali 4os-Y for demopstration.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
Son Of Seventh Son Isn't Any Lucer Than Classified Reader
Of What Use Is A KeyhOle-
Without A Key?

And of what good is wish-with no way
of filing it?
Everybody has wishes of some sort or
other-and everybody has. access to bunch
Of keys that will open wishes to realization.
That's just exactly what the collection Of
opportunities in the Kennebec Journal Abe
Classified Section amounts to-a set of keys
to unlock the heretofore closed portals Of
ones needs and desires.
You'll find these keys all tagged, too
SO you'll know exactly which one to use for
each kind of wish. The alphabetical and
numerical notatons of the classified columns
lead you straight to just the opportunity
which will turn wishing into having.
There's not an instant's hesitation or
doubt.
And there shouldn't be any in your mind
about the advisability of reading this section
daily!
Let Station A.B-C do your broadcasting
Call 135
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

Brokers In Real Estate r
EARMS-And city property. All prices.
Ella NJ. Mcintosh. 20 Weston St Tel.
$50.
FARMS-And city property. We write
everything in insurance. D. 8. Nc
Naughton. 277 Water ST.. Gardner.
REAL ESTATE--Quick handling: bust
ness confidential. H. Gerstian. 223
Water st. Tel. 773-R or $751;.
REAL ESTATE-Every kind. Sons
extra bargains. c. A. Drawn Agency,
Z Depot Square, Gardiner.
CLASSIFIED ADS cut down your
expenses.
CLASSIFIED ADS make dollars out
Of cents.
THERE Is NOT a minutes delay in
putting your finger on the exact offer
you want in the classified section.
The journal will not be responsible
for more than one incorrect insertion.
Please notify promptly any mistake in
the initial insertion.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

Seeds, Plants and Flowers So
CUT FLOWERS--Mrs. E. c. Blair. II
Boutelle Ave. Waterville. Tel. 267-M.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
Specials at the Stores

ANTI RATTLERS-Robes and screw
drivers at Fields, opposite the de-
pot, Augusta.
ARTISTS Materials-Of all kinds.
Picture framing Of the best at lowest
prices. Hillman's Inc, formerly F.
H. Beale & Co, Augusta
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

PIANOS-Real bargains in regular
and player pianos. New and used.
G. A. Drawn Piano Co.. Depot
Square, Gardiner.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

Asa.s IT, ss
to CARS
!! FORD touring.
pr other good used cars.
|WcssERuNsETT GARAGE co.
RHATTAN ST. AUGUSTA
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
LIVE STOCK

Articles for Sale So
AUTO BED-Fits any touring car. Tel.
Gardiner S2-J.
SADDLE-For SIS. A bargain. W. II.
Perry. s. Second ST., Hallowell.
SEPARATOR - DeLavel No. 10. In
perfect running order. Stanley Moore,
Tel. Winthrop 1915.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

YOUR SHIP is coming IN today. II
ID even now signaling to you through
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
REAL ESTATE FOR SALE
Business Property

NEUTRALITY-SUSPICIOUS. goes with
Price. II sold at once, $500. Liberal
terms. INQUIRE c. H. Beane. Gardiner.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
FINANCIAL
Business Opportunities

STOCK OF-House dresses, hosiery.
notions. Ford panel body truck and
list Of proved money-making routes at
bargain for cash. 101 Highland Ave,
Ca rdiner
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

l.. F. ACKNOWLEDGMENT Wiring
and repair work: moderate prices. rs
Bangor st. Tel. 1468-M.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08
LIVE STOCK

FREDERICKSBURG, years old; har-
ness, hobbies, speed cart and rubber
tired wagon. Is Mt. Vernon St., Gar
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-07-08

summer camp. Models $25 and up
c. E. Downing Co. 2s3 Water St..
Gardiner
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-09-12
Old Days In An1ericuS

paid in recently.
Miss Dona Bailey, of this city,
left yesterday for Roanoke, Va,
where she has accepted a teachers
place in the Washington Female
Seminary. Miss Bailey is a gradu-
ate of Shorter College, Rome, ard
for several years successfully taught
French and music in that institu-
ton of learning.
All interest is now conferred IN
the diamond ring contest. The
voting yesterday did not materially
fore, but many cupons were count
change the standing of the day be-
ed and piled away, for the last
count probably. Here's the stand
ing upto date: Miss Nina Fish, :
579; Miss Fannie StaIlings, 1855;
Miss Mary Watts, 3.037; Miss Lucia
Hawkins, 2,166; Miss Jennie Hol-
lis 200; Miss Eta Mae Allen, 1876
Miss Chloe Belle White, 121; Miss
Eugene Glover, 10.
Democracy will rule in Americas
today. From every county within
radius of fifty miles the people
are coming, and the crowd that will
gather to hear Crisp, Evans, and
Berner will be one of the largest
ever assembled in Americas.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-09-12
A Presidential Poll

The Literary Digest has UNI
dertaken the most ambitious
poll-or straw ballot-ever be-
fore attempted. 1t is mailing
out 100000 secret ballots to
that number of voters in the
country, asking each for whom
he or she will cast her vote in
the November primaries. Each
ballot has return postage and the
first returns will be eagerly
watched when they appear some
time in September, about 90
days before the election.
In 1920 there were 1884,
III ballot cast in the presiden-
tial election, and the Digest
says its poll will reach about one
half of all the voters of the
country.
The results of this poll will be
an index to the results in No
vember and because of this will
be of interest to many of US.
Undoubtedly the poll will be
watched by the national head
quarters of the eight candidates.
From it they will be able to To-
cate their weak spots and their
strongholds and thus shift their
forces.