davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

cents, featured the irregular foreign
exchange market. Demand sterling
and French francs were firm around
$4S5 7-8 and 3.41h cents respective
ly.
Pronounced weakness developed in
today's bond market which was I'M
settled by the crash in stock prices
to new low levels for the year, the
movement Of funds away from New
York and the continued decline In
foreign exchanges. The slump did
not represent the compulsory liquid
alton which engulfed the stock mar
ket but selling pressure increased
steadily throughout the day.
A severe sinking spell in Belgian
obligations, accompanying the drop
in the franc to a record low level.
sent the FIVE outstanding issues Of
this government into new low ground
for the year. Most of the French
bonds also sagged to new minimum
figures and various German, Polish.
Serbian and Cuban yielded readily to
selling pressure.
In the face of the terrific drive
against high grade stocks standard
railroad bonds held their ground re-
Ati%t fAeAOAy "Sits oSAiiiiS was SOht1llSo
chiefly to the semi-speculative issues.
which moved downward In sympathy
with the shares of these companies.
Norfolk and Western convertible IS
broke almost five points to a new
low loss for the year, and substan-
tial recessions took place in Erie
general and convertible IS, New
York. Susquehannah and Western SIS,
Peoria and Eastern income Is. Sea-
board adjustment Is, and Ulster and
Delaware 5s.
Oils We're the outstanding heavy
spots Of the Industrial group. with
the selling movement embracing
Shelly. Pan-American and Sinclair
convertibles and Barnsdall certifi-
Gates. WalwQrth Is, Pierce Arrow
IS, Consolidation Coal IS and vir-
ginia Carolina Chemicals certificates
declined to points.
Although the distribution of many
investment securities was said to
have been impeded by the recent
stock market breaks. many new bond
issues were reported under negotia-
ton. A $4,000, 900 offering Is in pro-
spect for the Associated Gas and
Electric Company.
Discussions of possible foreign fin
ancins also attracted much interest
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

Closing quotations on wheat were firm
: to 1sc net higher, May new 1854
to 1888 and July 1853 to 1854. with
advance and provisions varying from
&c decline to rise of &C.
Final prices in the wheat market
were at virtually the days topmost
had occurred about midday when New
York security values were, showing
acute weakness and eastern selling OF
wheat was temporarily factor. 1t
quickly became apparent, however,
easing prices in the wheat market and
had paid nine cents a bushel over the
price of May delivery here for round
lot of No. 2 hard wheat In store here.
Gossip was also current that 10000
bushels of new crop winter wheat had
been sold to exporters for. last half
of August shipment at 81 cents over
the September price. Under such cir
cumstances selling of future deliveries
of wheat came to sudden halt and
traders who were short of wheat made
haste to even up their accounts, espe-
c1ally as prices in other domestic mar
kets are out of line to permit profit
able shipments Of wheat to Chicago.
Almost from the outset, the general
trend of wheat values wa supgrade.
Widespread snow and rain, highly ben.
enc1al to the new crop Of domestic
winter wheat, had only passing ef.
LStl III Sdl Ing the market lower Tor
July and September delivery. Com.
mission house buying of May soon re-
Versed the action of the market as q
whole and throughout the rest OF thu
day. except for brief interval before
the closing hour, the upward move.
ment of wheat values was at no time
greatly impeded. Buying was helped
by an opinion from a trade authority
that supply and demand conditions for
old crop wheat rendered higher prices
certain for the May delivery and that
calculations based on the new crop
outlook in March were unwise. Con-
siderable notice was also taken Of o
! decrease Of $4,000 bushels Of wheat
this week in the worlds available cup
ply.
Spurred by the action Of wheat, prsp
vious sellers became active buyers d
oats and corn futures late In the day
Rough weather was also q bullfsh In
| fiuence, and so. too. was smallness %
| receipts here-92 cars-today.
Provisions were steadied BY adj
vances both in hog values ard In gra3N
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
NEW YORK MARKET


, Sew York, Mar. 3O.-(By The
rs ssed Press) - Stock prices
I,hss ~ upward at q brisk pace soon
I,sS ma IN the opening of today's market
sr r .aen crashed with startling sud-
IA NAV. When another selling move
Imas. engulfed the general list,
In 'nng nearly 300 issues to new
Irsil .evels for the year. Both the
bro.aa nu Industrial averages were
Ill., ihto new low grounds. Trad
h.. was in enormous volume. the
Ieskirssa ies totalling 3,317,700 shares,
|Hs ,Ss lhe third time this year that
Asn e million share mark had
INb uecllne was not associated
I&oush 'hing In the days news al
indonhta reduction in copper prices
IntbosseGi stimulated the selling
Ia M shares. The fresh outpour-
IaaIss SOCKS S' was. however, accom-
Iesn ra NY the usual unfavorable ru.
III ~ tsaroing the financial sta bill
Iay !. INDIVIDUALS and firms, but
Ittentio.sA confirmation, and little
epa,ih,a was paid to them in re-
~ O'e banking quarters.
|sass.m morning rebound had inspired
Iksert,, IN some quarters that
A,,n,,us.i banking interests who APP
HI n ny ~ nad been allowing the mar
tccesxi,,.n its course. through three
h,lv S weeks of declining prices,
A pra u come to the support 9f
ks e rs investment stocks. Early
Sorssaa from l to nearly 8 points
y onss Ct issues, with short cover
buvinaa. furnishing much of
tsresse blocks of stocks were being
eag s. On the rally but they were
srailr,aau launched a savage attack on
Ia offa soad shares which previously
slae nre stubborn resistance to
he hb.essure. One after another
" tho ign grade rails cracked un-
sh ss,,.s strain, and this started q
al li s,ing movement in the indus
~ hs,s s with the oils, which also
StasSam mered numerically.
gsdsNas gave way when renewed
WI p,', and bear selling develop
uson. which collapsed I Ia
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
FINANCIAL NEWS

points to SO and then rallied point.
General Motors. which had touched
116 Ia In the early trading. sagged
115 1-S, where It was up l 1-S on
the day. Mack Trucks touched q
new low at 1O3 IL. Chrysler at
% 1-2,tDodge Brothers A at 20 81
Packard at 80 Is, Pierce Arrow al
% and White at 60 Is, but several
made partial recovery from their
low levels.
Among the scores of industrials
to sink into new low ground were
U. S. Steel common at III 5-S, Al
lied Chemical at LOG, American Car
at SO rs, American Smelling 81
112 1-S, American Tobacco at Ill LIZ
Pacific Oil at 81 7-S. Pullman al
146 is, Radio Corporation at 81
Sinclair at 10 rs, United Drug al
1874. q, S. Industrial Alcohol al
45 S-S. U. s. Rubber at 81, Western
Union at 1874 IL and Woolworth at
142.
Acute weakness of Chesapeake
and Ohio, which broke over points
to 125 on the announcement thai
the interstate commerce commission
had rejected an application for a
$40. 900 900 bond issue to finance new
improvements, with the suggestion
that stock be sold instead. featured
the railroad group. Atlantic Coast
Line broke II LIZ points to 181 IL,
a new low, and Delaware and Hud-
son, Lackawanna, New York Gen.
trail, St. Louis Southwestern, South
ern Railway, Wabash, Missouri Pa
cific preferred, Norfolk and Western
Erie second preferred and Pitts
burgh and West Virginia were
among the many other issues to
show net declines Of 8 to 10 points.
Commodity markets were mixed.
Active wheat options advanced 1-2
to nearly l IL cents a bushel. Cot
ton closed to 16 points net higher
with buying Influenced by favorable
weather reports. Coffee broke SO to
45 points in sympathy with q drop
in Brazilian exchange and increased
offerings of the product at Brazilian
ports. The raw sugar market was
slightly easier.
Call money held steady at per-
cent all day. Time money and Com
mercial paper rates were unchanged.
Another collapse in Belgian francs,
which broke nearly 20 points to an
other extreme low record At assn
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
Chicago Produce Market
(By the Associated Press)

ChIcagO, March 80.
In the face Of tumbling prices in
The stock market. grain values today
scored a substantial all-oround ad-
vance. The upward swing of grain ac-
disclosure of an unusual
scarcity of future delivery offerings
in the wheat market simultaneous
with predictions of tight situation
developing as the end of the old crop
season for wheat comes near with
chicago almost devoid of wheat avail
lbll 70 oil contracts for May delivery.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
REAL ESTATE FOR SALE
Business Property

PUBLIC GARAGE-Consists of build
ing and lot located by the junction
equipped for automobile repair bust
ness and ready for immediate use.
Good living apartments for l fami-
ly in End story. Should keep Q or 8
men busy during automobile season.
Handy facilities for gas and oil
sales. Present owner has done good
business for several years, but other
interests require his full time. Would
accept mortgage for part of pur-
chase price. Inquire K. A. Rollins,
Pennington.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
READFIELD

EAST-Miss Hazel Trask was 3
weekend guest at the home Of he'd
sister. Mrs. George Buzzell Wind
throp.
Richard Trask passed the weelig
end at the home Of his parents, AN
and Mrs. Herbert Trask. sidney.
Mr.. and Mrs. Archie MerrUw ene
two daughters Of Augusta were
guests last week Of Mr.. ana AfN
George Morrow. &
Miss Dorothy Keirstsed ives 3
week end guest at the homo 81 NJ
and Mrs. 3. 2. Goxasna
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
Farms and Land for Sale

100 ACRES-Estate of Maria L. Ben
ner in town of Jefferson, about Ia
mile from Clary Lake. 80 acres of
tillage land. Small lumber lot. Land
under the best cultivation. House Of
rooms, all modern. Hot and cold
water, bath room, set tubs, furnace,
house and barn lighted by electricity.
Buildings in best of repair. hem
houses. Fruit trees and small fruits.
81 miles from narrow gauge R. r.
Sta. at No. Whitefield. Executrix SELL
ing to close estate. Address inquiries
to Maude E. Moody, Exec, 7th St,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
New York Produce Market
BY Beck
New York, March 3o.-fAP)

New York, March 3o-fAP).
RYE-Steady: No. western s9i
o b New York and ga c export.
BARLEY--Steady: mailing S1s9
S4a New York.
BUCKWHEAT - Firm: American
1.93 a 1.9S: Canadian 1.93.
WHEAT-Spot firm; No. I dark
northern spring T New York all rail
1881; No 2 hard winter o b all rail
1881: No. 2 mixed durum do. 1854
Manitoba do. in bond 1.7S.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

In investment circles. The $4,000. 600
Uruguayan loan on which tenders
We're asked this month was said to
be approaching the offering stage,
together with several smaller South
American loans. A 100000 issue
of rs year percent bonds of the
United Steel Works Of Bourbach-
Eich- Dudelange, Luxembourg, will be
offered by Kuhn. Loeb and Company
and the Guaranty Company tomor-
row at a price Of 92h to yield 1857
percenf"
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

CARPENTER ST.. so2-rhree-story
11-room brick house. steam heat,
combination lighting fixtures, mod
srn plumbing throughout, 75-foot lot
gives space TOR garage. Close to good
schools and stores. Only one block
from Federal st. trolley lines. Sale
price. $500. Possession March 18th.
Owner is compelled to leave city.
Can be seen only upon permission
from this Office. Geo. w. Burns &
Bro, 4S1 Brown st. Phone Mer-
Ger 1865.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
"Best Told Is First Sold'
Houses for Sale

Houses for Sale "a
Points That People Want to
Know
Town or City (if outside Of Augusta)
Street and Number.
Size.
Exterior Construction.
Heating.
Lighting
Grounds.
Other Buildings.
Advantages Of Location.
Sale Price.
Terms.
Date Of Possession.
How and When to Inspect Property.
Advertiser.
Address.
Telephone.
An Al written According TO
Above Points
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
'otal sales were $13,oo4,ooo.
(By the Associated Press)
New York Money Market

New York, March s0.--(AP).
Foreign exchanges irregular.
Great Britain, demand ASH, cables
1854, 6Q-day bills on banks lS2.
France. demand 3.42a. cables e43.
Italy, demand 400, cables 4.02a.
Belgium, demand ASA.
Germany, demand 1880.
Holland, demand 40.67.
Norway, demand 2l.3s.
Sweden, demand $3.50.
Denmark, demand 26.1< y
Switzerland, demand 1924.
Spain, demand 14.09.
Portugal, demand SIT.
Greece. demand 1.S1.
Poland. demand 1880.
Czecho.Slovakia, demand 2se.
Jugo-Slavfa, demand LIS.
Austria, demand IA.
Rumania, demand .41g.
Argentina, demand 39.S5.
Brazil, demand 1925.
Toxic, demand .45S.
Shanghai, demand .T3.
Montreal. demand 80 1916.
Atchison gen. IS ............ 900
Bait. & Ohio CIV. AS ........... 96s
Central Leather IS .......... 1908
c., r. I. & P. fdg. As .......... 500
New York Central IS ......... 1924
Pennsylvania gen. AS ....... 81
Reading 4as ................. 300
Southern Pacific CIV. As ......... &a
Southern Railway CIV. SIS ....... 105s
Union Pacific As 99s
U. S. Steel ref. IS ............. 1865
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

IHEDUCED PRlCES-On all used cars
l this month. Rradstreef Motor Co.,
cheyroet Sales and Service. Halo.
1 WE'LL Tel 735-W.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

|fOU CAN'T Judge the importance of
Classified ad by its size.
you CAN'T judge the Importance of
Z classified ad by it's size.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
AUTOMOBILES

IEWETT-1924 Brougham. First class
mndition. Cash or terms. Harry T.
insa 81 CnnV ST
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
Fourth Ais, 1o3.13. \
u. S. Treasury as, 1924.
u. S. Treasury 43s, 1927.
u. S. Treasury 33s, 100.16.
New York Stock Market
Corrected Daily by
!. A, CAMAGE & CO

STOCK BROKERS
335 Water Street Augusta
Phones 12e1-12e2
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
Moving, Trucking, Storage

STORAGE-Clean and dry for furni.
ture. Tel. 1878.
TRUCKING-Ashes cleaned from eel.
lars. Prices reasonable. Tel. 405-W.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
MERCHANDISE /.
Household Gooda
Musical instruments

PIANO-Organ, monograph; reason
able. 35 Plummer St.. Gardiner.
PLAYER PIANO-New. Case slightly
damaged. $105 discount. Forrest
Smith. THE Piano Tuner" POI Wa
ter st. lover Hillman's), Augusta.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

DON'T MISS today's classified op-
portunities.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

HOUSE WIRING-Electrical goods
and accessories. All work guaranteed
L: F: McCurdy. IS Bangor St Tel
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
MERCHANDISE
Articles For Sale

GAS STOVE-Detroit Jewel 4-burner;
also auto trailer: both in fine cendi-
fjOO Tel 166Q-W
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

SWAN ST., 10-Boarders, gentlemen
preferred. O. N. Gordon.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

tIUlI. ItI, IbU5-W.
SEPARATOR-Sharp No. 4. Hand
or power. cheap for cash. r. e. Hes
cock, r. 4, Augusta. Tel. 1421-31.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

BABIES-2 wanted to board. / to 4
yrs. old. Licensed home on car line.
Ruth Rogers, r. Ii Gardiner. Tel.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31
Painting, Paperins, Decorating

CEILINGS REFINISHED - Paper
hanging, painting. Clean. careful
workmanship. Also wall papers. A. l..
Harris, % Jackson st. Tel. 1472-M.
PAINTING-Paperha F. w. Hal
pen. q e. Chestnut St. Tel 1316.M
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-31

Rooms Without Board SO
COURT ST. PL.,22--2 furnished rooms,
modern conveniences. Tel 1156-W.
CROSBY ST., Room. Apply Mrs.
Belle Murray. Tel. II.
CROSBY ST. 1s-Room; also room
for car. Mrs. T. S. Cuddy. Tel. 164S.
New Britain herald., 1926-12-20
PAY TRIBUTE ID DEAD
Place WreathS on Shafts al
 Court Of Honor

A Christmas remembrance to New Britain's soldier dear of the World
 War was made yesterday by nem- hers of. Eddy-G Glover post, No. 6, American Legion. at the Court Of Honor at the entrance to Walnut Hill park. TrudginS from the home of the post on Washington street shortly after 1 o'clock yesterday afternoon, the Legionnaires proceed cd to the court where the simple ceremony of hanging wreaths on the small shafts, each of which repre- sents one who paid the supreme sac rifice, took place.
 Gold star mothers and members of their families and small group of citizens of the city whose men- ories still carry them back to the stirring days of 1918 when telegram after telegram arrived telling that | one after another had been added to the list of dead in the big par ade" took part. A biting wind and singing cold gave the scene an impressiveness that brought those "buddies" back to the first days in the trenches be- cause 1t was in just such weather that New Britain boys first entered the front lines in the dead of win ter. February. 1918.
 Because of the intense cold, no lengthy program was carried out. The bearers with their holly wreaths quickly passed from pillar to pillar and in fewoshort moments each small pillar, mute proxy for a org stalwart youth. was bedecked with a Christmas token, a tribute from those who can never forget
 The wreaths hung. Rev. William II. Alderson, chaplain of the post offered a brief prayer eXhorting the Almighty to bless the scene and the spirit which prompted 1t and ask ing a Christmas blessing on the liv- ing and the dead.
 The ceremony concluded. the as- sembly dispersed leaving the Court of Honor alone in its silent com munion with the spirits of the de- parted.
New Britain herald., 1926-12-20
City Items

The degree team of Sir Francis Drake lodge, No. 429. American Order. Sons of St. George. will go to Thompsonville Tuesday ni'>- to install the officers of General Kitchener lodge. Members of the team will leave Jr. O. U. A. M. hall at G:15 o'clock.
 A daughter was born at New Britain General hospital last night to Mr. and Mrs. Walter RosenweiG of 242 Burritt street.
 A son was born at New Britain General hospital last night to MT and Mrs. Neil Morrison of Berlin.
 A son was born at New Britain General hospital to MT. and Mrs Clancy of 45 Bond street today.
 A daughter was born today al New Britain General hospital tc Mr. and Mrs. Edent of 164 Dwight street.
 Christmas cards at Halls, Arch St --advt.
 The police were notified today oi the return of the operators license of Guttleeb Brandt of 191 Jerome street
 The regular meeting of the Roya, Arcanum will be held Tuesday eve ming at o'clock. Thomas McCabe, a member of the freshman football team at Catholic University, is home for the Christ mas holidays
New Britain herald., 1926-12-20
at Kinney's shoe store, 66 Church street. Hartford.
SENATOR HEFLIN
 MAKES CHARGES
(Continued from First Page)

conspiracy charge on which they were acquitted unless there had been an arrangement before hand as- surfing either acquittal or mistrial.
 He quoted newspaper stories say ing that while the jury was consid- ering it's verict its members were singing and shooting dice.'
 "One of them insisted on a verdict for acquittal way in the night" he continued. He asserted he would not allow the others to sleep and turned on the phonograph.
 T know some2 things about this case that I am not going to say now. It would open the eyes Of the nation if they knew the inside story"
 Hits Wall st. Journal. He then turned his attack on the Wall Street Journal which he said had attacked him for his recent sen ate speech about the Fall-Doheny trial.
 If l needed anything to bear out the righteousness of my intentions, ' he said, T would need no better proof than an attack from the Wall Street Journal"
 He suggested the senate should direct the government prosecutors tc take the oil conspiracy case against fall and Harry r. Sinclair outside of the District of Columbia for trial. You can't get a jury in Wash ington without someone related by blood or marriage 10 friends of the defendants or their attorneys he said.
 He suggested also that Admiral J K. Robinson. who represented the navy department in the oil leasing negotiations. should be stricken from the retired list of the navy.
New Britain herald., 1926-12-20
STOCK PRICES ON THE UPWARD TREND.
Heavy Profit Taking Reported
 in Some Issues

New York, Dec. 20 R-Stock prices surged forward today despite q rather heavy volume of profit talk ing in several of the standard rails and industrials. With call money unchanged at 5 per cent. and hum dreds of millions of dollars being distributed in dividend and interest payments this year-end. spectators for the advance renewed their ef- forts to attract an outside following. particularly in stocks which hold promise of special dividend or mer- ger developments.
 The unexpected cutting of s200,- 000,000 melon by the United States steel corporation last week aroused hopes of similar action in high priced stocks of other high grade industrial and railroad companies with large undivided profits. Publi- cation of an optimistic 1927 fore- cast by Gerard Swope, president Of the General Electric Company. helped to maintain bullish enthusi- asm. The sharp increase reported in odd lot" business of 10 to 50 shares was construed as an indica- tion of expanding public interest in the market
 Atchison, which had sold down 2 points in the early trading, made up it's loss and touched a new high record for all time at ITO. A heavy buying movement also developed in Baldwin Locomotive towards the close of tho session. United Drug was bid up 4 points to 172ls and was followed into new high ground by reading common and second pre- ferred, Canadian Pacific, Brooklyn Manhattan Transit. Interborough, Corn Products, Eastman Kodak and Warren Bros, the last named jump ing over points.
New Britain herald., 1926-12-20
ALIEN FUNDS WASTED,
 COOLIDGE IS ADVISED
(Continued from First Page)

"The securities taken over were so scattered through banks and trust companies throughout the states that administration was expensive and difficult.
 Individual trust accounts are in- complete.
 "A half million dollars in alleged undistributed assets transferred from a prior custodian was withdrawn from the treasury in violation of the trading with the enemy act.
 Large expense accounts compen- sated for small salaries. Govern- ment employees rode in private cars at the expense of trust funds
 Annual reports did not list the entire force on the payroll"
 The great bulk of the property however was fully accounted for, according 10 tn ereport, which is quoted as saving:
 misuse of trust funds or any serious mismanagement of trust property has been connected with q compar- atively limited number of cases or classes of eases"
 The report. tho World says. then proceeds to take up several hundred such cases.
 The American Metal and Chemical Foundation cases are detailed briefly, but the Bosch Magneto case is dis cussed in some detail. It points out that employees of the alien property custodian drew salaries from the Bosch cnrporstion. though they were on the payroll of the custodian's office. It also asserts that before the corporation was taken over by the