davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-05-17
EVERYMAN'S
INVESTMENTS
BY George T. Hughes
EIGHTEENTH ARTICLE
Saving to Buy n Home

An investment problem freouentlv
put up to me is that of the youno
couple who wish to own their own
nome. sometimes they have already
saved a large part of the sum necas-
sary to build. Sometimes they ask
about plan for systematic saving
with the ultimate intention of buyinp
or building. In the latter case the
answer is easy. The best way to
save money for this purpose is to
take out shares in good local
building and loan association. Such
associations operate under the laws
and generally under the supervision
Of the banking department of the
located
The principle on which these asso-
Citations are founded is thoroughly
sound. The best one in each case
own particular neighborhood or in
the neighborhood in which you ex-
pect to build. If you have any diff
Guilty about finding an association the
person to consult is your banker,
either in the savings bank or in the
commercial bank in which You have
an account.
tN"C0 fUTu hnOln6T hnKIG,
When, however, for one reason or
another it is not desired to build for
some years the question of how the
money shall be invested meanwhile
requires different answer. OF
course. it is easy to say that the
fund should be put in a savings
bank until ii is wanted and un-
That is what savings banks are for.
Money invested to their care is
always available But many are not
satisfied with savings bank interest.
They want a larger return than 4
per cent and that IS perfectly
legitimate ambition.
The trouble is too often they want
to jump from the sure per cent the
savings bank pays to the uncertain
or 8, or even more, that some specu-
promises. Always they say they want
safety first. The two things are not
compatible. High returns and q high
degree of safety do not go together.
Even when they are content to take
good bonds there is never any as
surance that they will be able to sell
their bonds for the same price they
paid when they are ready to build.
That is, unless they buy bonds which
mature about the time they expect
to use the money. Bonds vary in
price. Even libertys f1uctuate as con-
ditions in the money market cnange.
Not Applied to All Bonds.
This is not an argument against
buying bonds in general. 1t is an ar
gument against buying anything but
short term securities when you must
have the return of your principal at
a specified time. Just now there is
a great demand for short term bonds
and notes. The quality varies In in
verse ratio with the rate OF return.
Under present conditions or 5H
per cent is about all that the average
small investor should demand.
Copyright, 1924. by Consolidated Press
Associat tion)
Evening star., 1924-05-17
Wall Street Still Reflects
Trend of Business Reaction
Past Week Opened Under Depressing In
fue71ces- Outside Conditions Too Un-
certain to Admit FORWARD Movement.

bill in the shape II is likely to come
out of conference, that it does not
much care If the measure is vetoed
or not. A. 25 per cent reduction in the
1923 taxes is the one thing now most
hoped for
Regard Dawes Report as Safe.
French francs have only partially
recovered from the tumble they took
after the overturn at last Sundays
elections. There is no danger that
the French socialists, now in power
will go back on the Dawes program.
On the contrary, willing to go further
than the present incumbents for the
sake of peace, the whole Ruhr policy
is likely to be softened and hence
the way made easier for Germany
to accept But on the other hand the
French electorate have given a man
date against the recent tax increases
These have taken effect, but the new
government heads might consider
report has had 1T that instead of the
20 per cent extra levy on the general
public there would be a special tax
on capital This, however, seems
quite improbable.
French Economic Situation Shaken.
But should the fiscal program be
altered and the French budget there
by become unbalanced once more, the
value of the paper currency would be
ton of the franc during the last few
days has not indicated any acute fear
on this score, but it has taken into
account some such possibility. The
principal trouble with the French
economic situation-and what infiu-
enced the voters-is that the pur-
chasing power of the franc did not go
up with its market valuation. The
latest price index shows very little
recession from the top and is five
times higher than before the war
This Is the main reason why the ex-
ira tax burden has seemed so intol-
cradle. The same thing appears in
the slowness with which paper note
circulation is being debated. Accord
ing to the statement of last Thursday
the total was 39,739, 100000 francs.
This was a decrease of less than
600,000.000 from the extreme top in
the first week of March and it was
nearly 3,0o0,0oo,0o0 higher than the
total of the third week Of December
What is happening is that the main
tenance of such high-price levels, by
keeping up an abnormal demand for
paper money. is retarding the retire
ment of note circulation.
Evening star., 1924-05-17
PREDICTS BUMPER CROPS.
Federal Bureau Forecast for Mary.
land Farmers Made Public.

BALTIMORE, May II Especially
Bumper crops of all kinds are pre-
dicted for Maryland by John S. Dem
nee, local agricultural statistioian,
division of crop estimates, United
States Department of Agriculture,
who says a backward season, due to
frequent and heavy rains, is the
cause.
Mr.. Dennee has just returned from
la tour of the Eastern Shore and Della
ware. He also is in close touch with
other sections of the state. With the
exception of wheat and rye, he de-
clared, the outlook for bumper crops
of garden produce and fruits in this
section is one of the best he ever has
seen. There has been too much rain
for winter crops, he said Wheat he
described as irregular" and mot so
good" while rye is only fair"
With all this, said Mr.. Dennee, the
farmer is not happy. He faced the
gloomy prospect of glutted market.
Evening star., 1924-05-17
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star once

small. The recent strength and ac-
tivity in Penn Mex Fuel has been in
expectation that directors would
place the stock on a dividend basis
in the near future. The company
brought in a well a few days ago on
it's Alemo tract, in Mexico, with an
initial flow of 90, 600 barrels.
Among industrials National Tea
common was taken at advancing
prices Electric Bond and Share pre-
ferred did better than most other
public utilities, but the. general price
movement in this quarter was too
slight to be Of significance.
The feature in the bond section was
a drop of almost 2 points in Con-
solidated Textile IS.
Evening star., 1924-05-17
SUGAR MARKET UNCHANGED.

NEW YORK, May 17.--No changes
occurred in the raw sugar market to-
day as far as spot prices were con-
cerned, which were quoted at SIS
duty paid, but second half June ship
ments were easier, at 5.71. There was
a sale of 5000 bags of Cubans for
second half June shipment to a re-
finer.
After opening points higher to 3
lower. raw sugar futures advanced on
covering and scattered commission
buying. Active months advanced to
10 points, but eased off partially near
the close, and were finally ) to s
points net higher. May closed 39S ::
July, 4.0S; September, Ala and De-
cember, $50.
The refined market was unchanged
at 7.25 to $50 for fine granulated.
Refined futures were nominal
Sugar futures closed steady ap-
proaimate sales. 10000 tons; May,
3es: July, 4.0S; September, 4.15: De-
cember. 3.S3.
Evening star., 1924-05-17
BALTIMORE DAIRY PRICES.

BALTIMORE, May II (Special).-
Live poultry-Spring chickens, per
pound. 40a5o: leghorns, 32a40; winter,
40a4S: young stays, %; old hens, ga
%; leghorns, old, 22a24; roosters, lisa
II; ducks, 5a22; pigeons, pair, 40a5O;
guinea fowls, each, 40a60.
Eggs Uoss off)-Native and nearby
'firsts. free cases, per dozen, 24L ;
southern, 23A.
Butter-Creamery. good to fancy,
31a41; nearby creamery, 35a36; prints,
41a43; ladies. 30a32; rolls, 29a31
dairy prints, 29a31; process butter, SIS.
Evening star., 1924-05-17
Shows $8,O7O,656 Capital.

DOVER, Del, May ia certificate
for the consolidation of the Metro
Corporation and Goldwyn Pictures
Corporation, under the name of
Metro-Goldwyn Pictures Corporation
of New York City. was filed yester-
day at the state department. The
capital stock was placed at $8,070. SIS.
Evening star., 1924-05-17
TRANSFER ROSS ESTATE.
Stud Farms Company Takes Over
Laurel Property.
by the Associated Press.

By the Associated Press.
BALTIMORE, Md. May IA deed
transferring the Laurel. Md. estate
of Commander John X. L. Ross. well
known race horse owner, to the I4au-
rel Park Stud Farms Company. was
filed yesterday in the circuit court of
Howard County. 1t is understood
that the property has not been en-
tirely disposed of by Commander Ross
but has merely been transferred to
the company. in which he is said to
be Il part owner.
The Ross farm is composed of two
tracts, totaling 36l y acres. Its adap-
liability as a breeding farm for race
horses is said to be as fine as any
farm in this country
The consideration for which the
property was transferred is said to be
in the neighborhood Of $4,000.
Evening star., 1924-05-17
BY WILLIAM F.. HEFFERNAN.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May 17.-An opening
advance of IL points in Illinois Pipe
Line was the outstanding feature of
today's short session in the curb mar
ket. This was a direct response to
the declaration of a dividend of Sc a
share announced after the close of
business Friday. II compared with
only SO declared last December.
Strength in Illinois Pipe Line i'm
parted a steady tone to other oils,
but the majority of these shares were
only slightly changed and trading
Evening star., 1924-05-17
BAR SILVER QUOTATIONS.

NEW YORK, May 17.-Bar silver,
65Ss; Mexican dollars, 50b.
LONDON, May 17-Bar silver,
33 13-16d per ounce. Money, 1ss per
cent. Discount rates-Short bills,
27sa3 per cent; three-month bills, 3a
3 Lie per cent.
Evening star., 1924-05-17
News Print Freight Rates Off.

Proposed new schedules changing the
differential basis of freight rates on
and other paper from points
in Michigan to Louisiana and Texas
destinations today were suspended
from May 20 until September z by the
Interstate Commerce Commission.
Evening star., 1924-05-17
SIS, 1000, 900 BOND ISSUE O. KID.

The Great Northern Railway Com
pany received Interstate Commerce
Commission authority today to sell
$15,000,00o of general mortage per
cent gold bonds.
Evening star., 1924-05-17
NEW YORK BANK STATEMENT.

NEW, YORK, May 1.-THE actual
condition of clearing house banks
and trust companies for the week
show an excess in reserve of $23,510,-
$50. This is d decrease Of $1,000, $40.
Evening star., 1924-05-17
U. S. TREASURY CERTIFICATES
Quota atons furnished by Redmond 4 Co..
BOSTON STOCK MARKET.

BOSTON, May 17-Following is a
list of today's highest, lowest and
closing prices for the most active
stocks dealt in here:
Evening star., 1924-05-17
CHICAGO STOCK MARKET

CHICAGO, May 17.-Following is a
report of today's sales. high, low and
closing quotations at the Chicago
Stock Exchange:
Evening star., 1924-05-17

NEW YORK, May 17.-Following is
an official list of bonds and stocks
traded in on the New York Curb
Market today:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14
1000 Eggs
in Every Hen
New system OF Poultry Keeping-0et
high Price winter Eggs-Famous
Roultryma0
TELLS HOW

%The great trouble with the poultry
business has always been that the laying
life OF hen was too short" says Henry
Trafford. International Poultry Expert and
Breeder. for nearly eighteen years Editor
OF Poultry Success.
The average pullet lays $50 eggs. II
kept the second year, she may lay 100
more. Then, she goes to market. Yet.
il has been scientifically established that
every pullet is born or Matched with over
one thousand minute egg germs in her
system-and will lay them on highly
profitable basis over period of four to
six years time if given proper care.
How to work to get 1000 eggs from
every hen; how to get pullets laying
early; how to make the old hens lay like
pullcts; how to keep up heavy egg pro-
duction all through cold winter months
when eggs are highest; triple egg pro-
duction: make Stacker hens hustle: 1000
profit from every hen in six winter months.
These and many other money making
poultry secrets are contained in Mr.. Traf-
ford's 1000 EGG HEN" system of poul-
try raising. one copy of which will be
sent absolutely free TO any reader of this
paper who keeps six hens or more. There
is big profit for the poultry keeper who
gets the eggs. Mr.. Trafford tells how. if
you keep chickens and want them to make
money for you, cut out this ad and send
it with your name and address 10 Henry
Trafford, Suite 690H Herald Bldg. Bling
hamton. n. Y, and free copy of THE
1000 EGG HEN" will be sent by return
niail.-Adv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14
Governor Baxter
And the Prison Dog

Recently Governor Baxter gave a
white collie to the State prison and
much to his surprise the newspapers
all over the country commented upon
it. He has received many letters of
approval, but strange to say some
letters have come criticizing him for
it. In these latter letters the Gov
ernor was accused of placing a dog
behind the bars for life" and this
was thought to be very cruel. One
woman wrote that she had lost faith
in mankind and especially in Gov
ernor Baxter, because he had gone
back on dogs, and she said she would
not understand why an innocent Gre
allure should be kept in confinement
all his life.'
Governor Baxter said:
These letters have caused me
much amusement. To each one
have replied saying that if every dog
in the world was as happy as the
Prison dog there would be no need of
humane societies or humane agents,
as far as dogs are concerned. l have
explained how the white collie has
the run of the entire prison, is cared
for lovingly and has great freedom.
l wrote this lady that my only wish
was that every dog could be as happy
as the so-called Prisoner
Some people seem to lack imagin-
alton and take everything literally.
Such people are ready to condemn
and never seem to use their brains
to think anything out"
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14

Commissioner of Agriculture F. p.
washburn and State Horticulturist
G. A. Yeaton who will meet them at
Portsmouth, N. H., friday.
On August Is the first meeting will
be held at the orchard of Mr.. Clark
in Wells at o'clock, Daylight Saving
time, A run will be made to Port
lard for dinner and a meeting will
be held at one o'clock Standard time,
in Standish at the Ballard orchard.
At three o'clock Standard time the
party will meet at an orchard in
Limingto1 owned by katherine Nc
Arthur Perkins, and they will then
return to Portland to pass the night.
On Saturday, August 16, the party
will go to Mr.. Thompson's orchard at
New Gloucester near Opportunity
farm in the morning at $3.50 o'clock
Daylight Saving time. They will go
to Auburn for dinner and at one
O'Clock Standard time will be at the
w. j. Kicker farm in Turner. At
three o'clock standard time a meet
ing will be held with T. E. Chase at
Buckfield.
This is believed to be the first time
that representatives. of the American
Pathological Society have made a
tour into Maine. There will be
about 40 automobiles full of members.
One Of the speakers at these meet
ings will be Paul Stark, president of
the American Pathological society.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14
AUTHORITY RECEIVED TO SEND
CIVILIAN RIFLE TEAM TO CAMP
PERRY AT GOVERNMENT EXPENSE

A civilian rife team OF thirteen
members, ten of which will actually
shoot may represent the state of
Maine at the National Matches at
Camp Perry. Ohio. which take place
September 5 to October 2 inclusive
this year. through authority recently
granted by the secretary of war.
Orders to this effect were received
by Major Charles Savage. State Ord
nance officer yesterday at his office
at the State House.
This order dated August Q. 1924
provides that a team consisting OF a
team captain. 10 shooting members
and two alternates. all civilians may
attend the Small Arms Firing School
and the National Matches at Camp
Perry during the above named per-
Tod and may be reimbursed by the
government for travelling expenses
and will receive Communication of sub
-sistance at the rate Of $1.20 per day
while attending the matches between
these dates.
. The regulations with regard to the
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14

Hampshire and Vermont, visiting
Mrs. Williams people.
The annual picnic and all day
meeting of the Ladies Aid OF the
M. E. church will. be held Aug. 10Th
at the summer home of Mr.. and
Mrs. L. B. Soper at Camp Benson.
AS this is a netting of importance
a full attendance is desired.
Mrs. Eugene Brann and Mrs.
Harry Young of Dexter we're in
Newport Saturday to meet their
husbands, who have been stationed
at Fort Ethan Allen, VT. for the
past few weeks.
Rebecca Weston Chapter, D. A. r.,
will be entertained at the home OF
Mrs. w. H. Mitchell Thursday.
Aug. 14th. A picnic dinner will be
served.
A. B. Rice, real estate dealer of
Newport, has sold the large lumber
tract of land known as the Will
hanson property in Troy, to Wilbur
Hardin and w. +. Russell of Pitts
field.
Misses Ann and Charlotte Cooper
of Belfast are visiting their. cousins.
Mr.. and Mrs. Norris Friend on High
street.
Mrs. Tally Mills and son of Stet-
son were guests of Mr.. and Mrs.
Cyrus Houston Monday.
Mrs. Mary Mckenzie is on a
weeks visit to her old home in
Waltham, Mass. She will be &C
ccmpanied home by her daughter
Alice, and son. Donald, who have
been visiting there.
Perley Carey and son Hugh, left
Monday for an auto trip' through
Washington county. Mr.. Carey's
former home.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14
Non-Residents Need
Guides in morgan
lied Townships

Inasmuch as the Department of
Inland Fisheries and Game has been
informed that some non residents in
terpret the law requiring non-resi-
dents who are hunting in morgan
lied townships. whether camping or
not, to be in charge of a guide, to
apply to only such non-residents as
are hunting big game. This rs not
the case. No exception is made of
the kind of game a nonresident is
hunting.
In other words. If a non resident is
hunting any wild bird or wild animal
in any unorganized township in the
State. regardless of where he makes
his headquarters-whe camping
or not-he must be in charge of a
guide, and the law provides that one
guide cannot guide at the same time
more than five residents in hunt
ing.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14
NEWPORT

Mrs. Francis Grindell. Miss Myers
and Geginald Richardson have en-.
ployment in Corinna with the North
ern Packing Company making the
trip each day b yauto.
Miss Thelma Littlefield is tnioyine
a short vacation with friends in
Massachusetts.
Mrs. Winslow Gordon is the guest
OF Mrs. Anniee Clay of Gucksport
for a few days.
Mr.. and Mrs. Harry Clark and
daughter Audrey were in North
Newport Sunday where tbtv were
the guests of James Mullen. who
gave birthday party in honor of
ms grand nephew, Henry Lloyd
Hartweell.
Mrs. Mary Richardson visited her
nephew, Merle Crowell and family
of New York City last week at the
nome of Mr.. and Mrs. w. ID. Crow
ell. North Newport.
Miss Annette Frazier has returned
from a visit in Boston and is now
the guest of Mrs. Emma Day.
Mr.. and Mrs. Fred Grtenway, Mr..
and Mrs. j. w. Greenway and Miss
Evelyn Hilton were in Bangor Sun
day.
Mr.. and Mrs. Frank HaIlowell
and Mrs. Eta Randlett. John Hall
owel and Mr.. and Mrs. r. l. Dyer
and family motored to Bar Harbor
Sunday.
Mrs. Milliee Burgess of Massachu-
sets, formerly of Carmtl. is in town
the guest of Mrs. Mary Weymouth.
Mr.. and Mrs. j. L. LENS and Mr..
and Mrs. Lee Lewis and family were
in Bangor Sunday.
Mr.. and Mrs. Arthur Lander and
guests, Mr.. and Mrs. B. Kulmer of
Philadelphia, motored to Btlfast
Sunday.
Work is progressing finely on the
NJ. f. church and it is expected that
1t will be ready for occupancy Sep
TENDER /.
Bicknell Hall of Massachusetts is
visiting his family at the homt of
Rev. and Mrs. J. w. Reynolds.
Misses Madeline White and Mi
Ram Jones. who have been visiting
friends in Freeport the past wick,
returned home Monday, accompa-
MED by Miss Evangeline Cookson.< =
Mr.. and Mrs. Percy Williams and
daughter Reba, have gone to New
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14
ADJUSTMENTS
All Speed Limits Broken on Arrival
of Screen Comedy

of Screen Comedy
When the traffic cop let six Cylin-
der Love" in town without an arrest,
he permitted All kinds of speed laws
to be successfully violated. For this
William Fox offering, which darted
into public view last night at the
Colonial Theatre is a fast moving
romance and comedy drama in which
All automobile starts the rumpus ana
nearly ends it. Thereby hangs the
tale.
Ernest Truck. who played in six
Cylinder Love" on Broadway and the
road for the past two years. clnemlz-
es this part in the picture which, I'M
der Elmer Clifton's sllilful direction
is one of the best combinations or
laugh, weep, and laugh that has come
to town in many a day. Opposite
the pint sized Truck is Florence Ed
ridge. Miss Eldridge is the 'vamp-
ing wife" to perfection. Many man
will recognize in her a vivacious eX-
preston of his own Waterloo! Per-
haps the girls will learn some new
tricks from her, too!
Others in the cast include Maud
Hill, Donald Meek. Ann McKittrick.
Grace Gordon, Marjorie Milton,
Thomas Mitchell, Harold Mann,
Ralph Sipperly. Berton Churchill,
and Frank Tweed. From the stand
point of attractive sets. artistic pre-
sentation, splendid cast and engross-
ing story, six Cylinder Love" is far
superior to any comedy drama of
young married life yet screened. If
you enjoy a laugh, tear. and a
laugh, don't miss this feature.-AdY.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-08-14

men receiving government reimburse
ment are that they shall be able
bodied male citizens of the United
States and residents of their res
pective states or the District of COL
umbia. The eligibility rules for the
various matches as given in the Or
der are as follows:.
A team listed in Glass A after the
National matches of 1928 or after the
last National match in which such
team competed shall have at least 80
per cent Of its shooting members
composed of men who have never be-
fore shot on any National match rife
team. A team listed in Glass c or
unclassified after the National match
of 1928 or after the last National
match in which such team competed
shall be subject to the following
elimination rule only, to which all
teams except those representing the
Reserve Officers Training Corps, the
Citizens Military Training Camps
and the Organized Reserves are also