davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-11-30
STEEL PRODUCTION
IN STEADY INCREASE
Copper Has Remained Firm During
Past Week. Metal Review
Reveals.
Ey tn" Associated Prnss.

Ey III" Associated Press.
NE" YORK. November 29-Wcels-
~ Metal Review: The production Of
steel Is being steadily increased to
meet the more active and growing
demand. The market during the past
week gave further evidences of
broadening, although interrupted
somewhat by the holiday. Structural
materials We're especially active for
nearby delivery and the whole mar
ket showed a very firm undertone
with irregular advances The demand
was principally for prompt shipment,
although some business was extended
into tho first quarter Of the new year.
Zig iron was again active and prices
experienced further gains.
copper firm. business remained
quiet during the earlier part of the
week, but no selling pressure deyel-
oped and there was an improvement,
after the holiday owing to advances
IN London with a renewal of export
demand accompanied by reports of
Increasing requirements on the con-
Hned. Buyers for domestic con-
Sumption have shown increased in
tsrSst also and sales have increased.
Youngstown District Active.
ShU:GSTOWN, Ohio, November 20.
steel mill operations in the
youngstown district will be almost
yTGe as great next week as they
"sye last June, II was shown today
bT schedules announced for the next
seven days.
Two more blast furnaces will be
added to the active list, one by Re
public Iron and Steel Co.; and one
by Youngstown Sheet and Tube Co.,
making &c of the 45 stacks in opera
tion. Only 13 were running in June.
Independent steel production will
be at rs per cent of capacity, and
general steel output will be 10. as
compared with 40fper cent last June.
OF the 127 sheet mills, ss mills will
operate, almost double the number
running at the years low point.
Both independent and corporation
bar mills will be at 100 per cent, with
independent tin plate and strip mills
also at capacity. :
Evening star., 1924-11-30
INCREASED EUROPEAN
BUYING OF u. S. BONDS
By the Associated Press.

BY the Associated f3ess.
NEW YORK, NU.tE.,bsH 29.-1u-
creased European buying OF pono@
this market is reported by house !.
with foreign connections, although
the flow of orders has not yet reach
ed large proportions. British Inter
ests have been buying the rail issues
both dollar and sterling, since the
mound passed $3.50. RepurchasinS OF
British 5s of 1929 also has been noted.
The return on long-term bonds, chiefly
those of foreign. countries, is Higher
here than In London. in addition to
attractive exchange features.
Evening star., 1924-11-30

table
or dividens included
Evening star., 1924-11-30
RAILROADS GROSS DROPS.

NEW YORK, November 2s.--October
=---ss revenues of the Canadian Pa
cific fell about $4,4o0 900 to S1s,S52.-
$40, compared with October last year,
while net decreased more than ST.
000, 900 to s7,o22,177. Net of S27,64s,-
600 for the ten months this year was
slightly larger than in the corre-
spending period of 1923, despite the
fact that gross dropped about 315,-
100000 to $13s,7tIio3s. =.
Evening star., 1924-11-30
Views on Liberty Bonds.

In any case. it is not likely that IT,.
decline in Liberties will go very far
For one thing at any time wH"r4
United States TOY crument bonds ~,
ohtaiuablc below par the British go,
"rnrpout will hc pure haser, as under
the terms of it's debt agreement Lib
erty bonds are taken a par in pay
meut of interest ana principal Then
too. the constant purCbases by IL"
Treasury are steadily redtaing tIc
supply. Nor is it reascnab,- : TO eX-
peCt that corporations Wit sell Lib
critics at Il sacrifice when they arr
tho best of collateral for oshs,
AS to the money market j.self. Their
has been practically no change IN
time funds or in commercial paper.
The quotation for call morley was ad
vanced at the close OF the week to
the highest since early in tho year.
but little Significance vas attached
thereto. More important was the !risc
in some Of the foreiga exchanges.
notably that Of the Dutch guild
Holland currehcy is now quoud At
figure approaching the gold export
point. This Is a development of tn
highest interest SO Tar as the long
term outlook for our own money mar
kat is concerned
Evening star., 1924-11-30
Opposing Force. in Market.

Elsewhere in the bond market ther.
have been two opposing forces Z.
work. The nigh grade issues ha,.
been dun and heavy. There has bccg
some selling especially of United
states Government loans by the bank $
and by corporations. AMI there has
been Il slight falling of III quota
tions. On The ether hand, specUl:-
tive bonds have responded to the sam
influences that have been 50 effccti,c
in the stock market.
Discussion as TO the program of tu'
SeCretary of the Trnasur in caring
for the Governments requirements OF
December 10 has been active, som"
authorities predicting a long.teru
bond issue? The point ~ made tina;
long-tefm financing could be done
now on a very satisfactory basis
whereas nothing is certain about con
ditionS in the money market ST.
months hence. Whatever the Secre-
tary of the Treasury does will b.
taken to indicate his opinion as It,
the future OF rates, and his opinion
is held in high respect in bankin2
CIRCLES
Evening star., 1924-11-30
Factors in 1oncy Market.

The two factors which arc com
monty regarded as responsible for
the case in money which has mad,
1924 SO remarkable in financial his
tory are, first, the trade reaction
and, second, the huge gold import
surplus. 1t may be that the gold
tide is about to turn, as il is
confidently believed that the business
situation has reversed itself. If so,
the low points for money during this
cycle have been seen and any change
must bc in the direction OF a higher
rate Granting that this Is a correci
forecast, the effect upon the bond
market for long time TO como viii
be confined TO the securities or tn
very highest grade.
In connection with the none!
situation, the policy of the fedora
reserve has come i'll for good deai
of criticism this week. As is well
known, the federal reserve banks.
pressed by the necessity of earninG
expenses and dividends on their
stock, have been large purchasers o.
acceptances as we'll as of Govern
ment securities III the open marhe'
New Method Advocated.
This procedure has accentuated th'
effect of the money glut. II Is
argued that the proper course should
be exactly the reverse of that now
practfced. If the system is to realizo
the purposes OF its founders, y
should take up the slack; that Is,
sell Government securities when
money is easy and buy them back
when money is tight.
Copyright, 1924, by Consolidated Press
Evening star., 1924-11-30
Foreign Bonds strong.

ne Way IN which the French bUHt.
were taken proved a stimulating fact.
throughout the entire foreign list.
The new German bonds were espe-
cially helped and sold around then
best price since they first were Offered.
AS q result the average price of typi-
cal foreign bonds listed on the New
York Stock Exchange now stands :,
the high Of the year. and investmeu,
BANKERS are looking for more foreie
securities to sell. Undoubtedly ii goo.
deal Of this financing is now und.
nesotia ton, and not d small part o
IL for account of German industries.
notwithstanding all this new-fou'4.
favor of foreign securities in the eye
OF American investors. this class o..
bonds Still sells to return extraorG e.
uariiy high yields. Taking. for instan',
the three ! per cent issues. the Aus
trian, the German and the French. the
return the investor at present marke
prices from 7.f0 20 7.45 per cent
Czechosioyak bonds yie,d nearly s pc,
cent aud the Hungarian dollar issI
returns more than So per cent. And
All this in the easiest money naTke.
since before the war. 1T is quite plain.
Then, that even with this improvement
in sentiment toward foreign obligs
lions there is room for a great dea
more.
Evening star., 1924-11-30
NEW FRENCH LOAN
PROvESSURPR|SE
Talk About Financial Status
OF France Caused No Fear
in This Country.
MONEY MARKET STEADY
Decline in Liberty Bonds Unlikely
to Go Very Far, According to
Financial Experts.
MONEY MARKET STEADY
George T.. HUGHES.

spec Dispatch TO The Star.
NEW YORK. November os.-AmonG
the events of the week in the invest.
ineht market probably the most i'm
portant was the success of the new.
French loan. Il is betraying no secret
70 say that Tie oversubscription Of
THIS new Offering was not only crafty
ing but 70 some at least surprising
mere has been 50 much talk about the
difficulties of the French financial 20
sitloi, and French International bond!
have been selling so low in Paris, thai
American investors might well have
1ett some hesitation about subscribing
to new French bond.
As matter OF fact. there was 10
hesitation at all. and while the over
subscription was not as large as thai
III the case of the German loan, the
preliminary campaign was not as vir-
orous. In realty no attempt was mad
10 sell the French bonds. They sou
themselves
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
Write Your Friends
To Come to Maine

This Is the season Of the year
when people all over the country are
making plans for their summer va
cation.
1t has been suggested by one of
the leading business men of Maine
that each business organization in
Guiding retail and wholesale stores,
manufacturers, banks, etc. write a
cordial letter to five of their per-
sonal or business acquaintances in
different parts of the United States
outside Of Maine inviting them to
consider Maine for their vacation.
These letters could offer to furnish
such printed matter and information
as may be desired to enable the peo-
pie to plan their trips and as the
State of Maine Publicity Bureau,
with headquarters in Portland,
Maine, is ready to offer every assis-
lance in this respect, replies could
be turned over to them.
The Publicity Bureau is publishing
new editing Of its general book
let Maine Vacationland the Year
Around" which describes all Of the
resort sections of the state. 1t also
publishes guide book in which is
listed all of the hotels, camps, board
ing houses, farms and other places of
Of boys and girls camps and those
catering to business, professional
and other women who like the out
door life freedom with the daily
routine Of the boys and girls camps
but who cannot register for the sea-
son, their vacation period being con-
fined to two or three weeks. Camps
where men during their vacation
may receive setting-up exercise and
some other features Of the boys
camps are also being organized.
This literature is for free distribu-
ton to anyone who may be interest
ed to come to Maine.
While the Bureau is spending a
great deal of money in advertising
In the principal newspapers through
out the country, this little five letter
personal touch would very materially
supplement their efforts to bring
Maine to the attention of people who
night be induced to visit our state.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
CHANCE TO SHAKE OFF
THE ADVANCING YEARS

OF course that May Festival at the
Augusta City hall next Saturday af-
ternoon is primarily for the young
sters. They'll be out in force to en-
JOY the browning of the May Queen,
the May pole dance. the grabs and
all the other things, but that doesn't
mean the older folks will not have n
good time, because they will. There's
n whole lot of sport in just watching
the Riddles and one actually feels the
years slip away when the fun is at
it's height. The charming guild who
are giving the festival are planning
an extra big one this year.-Adv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
ADDED SERVICE
AUGUSTA. CARS

Increased trolley car service on
the Winthrop, >Togus and Riverside
drive lines of the Androscoggin &;
Kennebec Railway Co., is announced
by Superintendent Bowie of the
company.
Additional cars are to be run on
all lines for the accommodation Of
traffic. On the Winthrop line, cars
will leave Augusta at 900. 500 and
1000 A. NJ, and every hour and a
half thereafter until $50 at night.
The last car will be at 1890. On
the Togus line, cars will leave Au-
gusta every two hours from A. NJ.
to IL NJ. and then from 1.30 to 7.30
p. NJ. at hour and a half intervals
with evening cars at $40 and 10
O'Clock.
On the Riverside Drive section.
an hourly service win be provided
from II noon until 40 atN night,
both ways with the last car leaving
for Riverside Drive at 100 and the
last car back to Water street at
11.40.
These changes are sure to be ap-
preciated by all patrons on the
routes affected and it is safe to say
that the schedule published in an
other part of the Journal will he
clipped fer reference. The new car
service will become effective on
Thursday. May s..
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

on the subject OF AmericaniZation.
In his opening remarks before max
ing the address Of welcome, he said
that he had been asked to make the
response to the address of welcome,
but after he had arrived in the hall
he had been informed that Mayor
Orlando E. Frost, who was to have
that honor, could not be present and
1t had fallen upon him to do so.
The response was made by Rey. II.
". Abbott OF Liberty, who admon-
ished the comrades to look on the
sunny side and be happy. He said
he was born on the south side Of a
mountain and had always lived in
the sun.
A program under the direction of
Mrs. Dora Bridges was then given,
interspersed with remarks by many
of the comrades and by past presi-
dents of the Ladies' Of the g. A. r.
L. C. Morse Of Liberty said that it
was all very well to tell them to be
happy and live In the sun. but that
1t was a hard thing to do when one
saw his old comrades growing less
and less every day, 146 passing on
every "A hours. or $4,000 q year, ac-
cording to u. s.. Pension Board sta
tistics. He said that of IS men III
CO. B, 26th Maine, commanded by
Capt. Charles Baker Of Belfast, only
himself and one other remained. He
was one Of the youngest, enlisting at
the age of II. OF the Elbridge II.
Bradstreet Post Of Liberty Of which
he was the last commander, but four
are left Of 40 members.
Vocal solos were rendered by Miss
Evelyn Knowlton and Bert L. Davis,
the latter bringing down the house
with his character songs Fancy
dancing by Misses Clara Hammons
and Ernestine Weber were also
much enjoyed. Miss Ora Wade play
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
GOOD WILL. >

Mrs. Anna Pratt. matron Of South
Cottage for girls, gave q May day
breakfast to the Senior class of Good
Will high school The breakfast was
served in Three Pine Cabin. in the
Good VIII woods. All the members
of the class We're present and Prin.
Merriman and Mrs. Merriman ana
Supervisor w. p. Hinckley were also
guests.
Mr.. and Mrs. C. I. Bailey and Paul
Bailey Of Winthrop Center were visi-
tors at Good Will last week. Mr.. c.
I. Bailey is president of the Good Win
Home Association.
Mr.. Dana, Somerset county agent.
gave demonstration Of pruning and
grating before a group Of men and
boys at Good Will last Friday. The
meeting was in the orchard at APP
plehurst.
The annual meeting of the Good
Will Y. W. c. A. was held Thursday
evening, May /. The officers elected
for the coming year are as follows:
President, Emma Revoire vice-presi-
dent, Winifred ,Keast; secretary ana
treasurer, Katheline Taylor.
Friday evening. Bailey cottage was
opened for a cafeteria from O'Clock
to Z. and for a social during the re-
ma1nder or the evening Tor the Dene-
fit of the Stone Bridge, which the
Sunday school Is hoping to build
soon across the brook between the
Administration Building and Moody
hall. Efforts to raise the money have
been in progress for almost a year.
At this last occasion something over
$25 was raised.
The game Saturday. afternoon be-
tween the Skowhegan grammar
school and the. Good Will grammar
school mines was won by Skowhegan.
score, Skowhegan IL, Good VIII IL.
The former game between these
teams was won by Good VIII. The
game Saturday afternoon was fol-
lowed Immediately by contest be-
tween Good VIII high school ana
Erskine academy. Score. Good VIII
IA, Erskine academy 2.
A service of great interest was held
at Good Will Sunday evening, May
s. A series Of unusually fine stere-
opticon views was shown. illustrat-
ing the Hymn of the Continents"
This was the last Of the illustrated
services Of this school year.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

Miss Helen L. Clark, Home
Demonstration agent of the Ken
nebec Farm Bureau and the Elk
tension Service, will Tuesday fore
noon, conduct a fireless cooker meet
ing at the vestry of the Winslow
Congregational church. wednesday
afternoon she will conduct a fireless
cooker meeting at the Belgrade
Grange hall: Wednesday afternoon.
Oakland Grange hall: Thursday
morning at Weber Fond at the
home OF Mrs. Eva Peabody on River
side Drive; Thursday afternoon.
Wayne Grange hall; Friday fore
noon, Farmingdale Town Hall. On
Wednesday and Thursday OF this
Orono, Household MANAGEMENT
specialist. will be present and will
aid Miss Clark in conducting the
meetings. She Is experimenting
fireless cooker campaigns being held
in four counties of the State, Ken
nebec being one of the counties.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
kENNEDEC co. REAL
ESTATE TRANSFERS

The following real estate transfers
have been recorded during the past
week at the kennebec County regis
try of deeds:
Augusta-Hyman Gerstein to JOS
eph A. Shaw, land and buildings on
Cony street; Frances A. Wright or
Newport. r. l., to Frank b. F'isner
Jr., of Augusta, land and buildings
on Stone street.
Belgrade-Arcadia Schools TO
Frank H. Converse. land on the
North Belgrade Smithf1eld county
road.
Benton-Emma IT. Lowe of Var
mouth, Maine, to Worth l.. Brown or
Benton, two parcels of land, one
with buildings.
Gardiner-Dora NJ. Norton of gar
diner, Blanche w. Plummer ana
Edith w. Brown of Cambridge,
Mass, William ]. Murtaugh Of Cam
bridge, Mass. Francis A. Woodbridge
of Chicago, ILL.,, and Alice Knight OF
Lincolnville, Me, to George II. Wood
ward of Gardiner, all right title and
interest to land on Spring street and
to a parcel of land on North Center
street.
HallowelI-Susan NJ. Horne OIL
Hallowell to Edward NJ. Horne, or
Halloween, several parcels of land IN
Hallowell and FarminGda1e.
Monmouth-Etta j. Drake ana
Hazel Drake, both of Monmouth,
Drew +. Drake and Grace Drake OF
Lewiston. Winona f. Golf and YVES
ley NJ. Golf of Somerville. Mass, 10
r.. o. Frost of Monmouth, land on
the road leading from Cumston Hall
to Curtis Corner in Leeds.
WatorVille-Clara F. Terry 20
Harry f. Pomerleau, land at theAcor-
ner Of Collins and Sturtevant streets:
The Inter- State Realty Corp, OIL
Portland to John Peters of Wafer
Vile, land at Elmwood Villa: Eugene
Is. Sanger of Bangor to Harry Sau.-
ter, part of q parcel of land on San
ger Avenue: Edith S. Haines 70
Harry SauIter, part of a parcel OF
land on Sanger Avenue,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
Baby Clinic Returns
To Hospital Quarters

The regular weekly session of the
Red Cross Child Welfare clinic will
be held this Tuesday afternoon,
go o'clock in the clinic room at the
Augusta General Hospital. The
meetings during the past few months,
when the weather has not always
been favorable, have been held at
the Red Cross chapter office on
Water street, but from now on. for
the summer, anyway, the meetings
will be held in the room which was
specially equipped for the clinic
DIR. Warren Il. Sanborn will be in
charge of the clinic.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
READFIELD

DEPOT-George Coleman has re-
sumed his work at Maranacook sta
ton for the summer.
Friends are congratulating Mr..
and Mrs. Edwin NJ. Hutchinson, Jr..
on the birth of a daughter, Miss
Alice Edwina, April %.
Mr.. and Mrx3 Mark Kitchen, who
are on their bridal tour. visited Mr.
Kitchin's sister, Mrs. Ellen Small at
Waterville recently.
Mr.. and Mrs. Nelson Gordon
motored to Augusta Monday, where
Mr.. Gordon Joined the Rotary Club,
on their trip to Belgrade Lakes.
Miss Cora Pike of Augusta, is
passing the week, with her aunt,
Mrs. Nelson Gordon.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
Prizes Offered
Essay Contest

In connection with the National
Prize Essay Contest on the subject
"Why a Young Man l Know Should
Attend a Citizens Military Training
Camp the following prizes have
been offered:
First Corps Area Prize (All New
England) $500.
Maine, LIST prize $4,000; End prize
$1,000; 3rd prize $500.
Hancock County $500; City of
Ellsworth, $500
Somerset County, $500: Waldo
County, $500; Washington county,
$500;
Additional offers of prizes are be-
ing received daily. This contest
closes at midnight on May 10th
Contestants are urged to send their
essays in promptly.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

ed a piano solo, and Mrs. Lloyd Nc
Keen was accompanist for the
dancers, Miss Wade and Mrs. Hazen
l.. Knight also accompanying solo
lists. go.
In his talk on Amerlcanization
Senator Buzzell advocated shutting
the doors to foreigners and Ameri-
canizing those who are here. as he
believed thai the country was be-
coming overstocked and that Its
population has increased too rapidly
since the days OF Washington.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
MANCHESTER

NORTH = Mr.. and Mrs. Dwight
Young of LitchfieId called at the home
of their parents, Mr.. and Mrs. Herbert
Young, last week.
Miss Harriet Young passed the
weekend at her home.
Herbert Whitten IS working for Ed
ward Libby for a few days.
Herbert Young was business caller
in Augusta Saturday.
Leroy Cottle. who Is working for
Elliott Bros. in Mt. Vernon cutting
lumber, expects to complete his work
Monday
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
Home Product Featured
National Soda DaY

The Glenwood Springs Bottling Co.
is cooperating with bottlers all over
the country in featuring their pro-
ducts for National Carbonated Bev-
erage day which is Tuesday, May 8.
The purity of Glenwood springs wa
ter is we'll known and with this the
mana cement is emphasizing the pur-
ity of the flavoring and coloring ma
terials used. The four roses ginger
ale is a product that is becoming
popular.-Adv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

Tho Maine Childrens Home
society has this week come into pos
session or q new Ford touring car.
1t will be used by Supt w. c.
Halves and other workers in con-
nectlon with the business. The
automobile was made possible
through a special fund received
from well Wishers of the Society.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
NORTH AUGUSTA

A regular meeting Of North Angus
ia Grange will be held Tuesday eve
ming. May 6. Miss Evelyn Dutton
will have charge of the program.
The Ladies' Aid will meet with
Mrs. Minot Thomas, Thursday sfter-
moor May 8.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06
Auction Sale of Used Cars

An auction sale OF used cars will
be held at the rooms of the Augusta
Motor Co. on Cony street. THURSDAY.
May s. w. A. Trask. manager anu
auctioneer has received rs cars fenl
local dealers and these will be OF.
fcred Mt that time.--Adv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

Gage & King. the local dealers
carry a complete line OF Ajax tires:
repair shop and are specialists In
modem yulcanizing and quick ser
vice There is gasoline pump at
the entrance on Commercial 81,
They carry high grade Oil and
grease and free air may be had at
all times.--Adv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

Mrs. Bessie l.. Jackson, q member
of the custodian force at the
Federal building, resumed her duties.
Monday after an absence, due to
illness. During her absence, Mrs.
Ethel Prime was acting as sub
Stitute
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-05-06

r Lester Labreck and Miss M.
Georgienne Labreck have recently
moved into a new house on Daven-
port street, where they will make
their home in the future.