davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31

When in doubt about a security
consult your banker. 1t is equally as
much his interest as yours to protect
your savings. You trust him with
your deposits - why not trust him
with your inveStlneu at problems?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
FIVE NEW PARTNERS.

NEW YORK, December 81 R).-
Five new partners, all of whom have
risen from the ranks, will be admitted
to the banking firm of Dillon, Read
G. Co. on January !. They are: Robert
%. Hayward, in charge of foreign gov
eminent financing; Henry G. Ritter. Sd,
manager of the Philadelphia office;
William S. Charnley, manager of the
Pittsburgh office; Clifton NJ. Miller
formerly manager of the firms Pacific
Coast headquarters, and Robert f.
Christie, jr. John w. Hornor, who
has been with the firm and it's prede-
cessors for IS years, will retire at the
same time.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
WILL UNITE SALES BODIES.

NEW YORK. December 81 R.-
Announcement was made here yester-
day that as IA normal development of
the situation created by Copper Ex-
porters. Inc, in the export market,
the Anaconda group, Calumet and
Hecla, the United Verde companies,
on the one side, and Katanga and So
ciete Generate Metalurgique d'Ho-
boken on the other. have decided to
merge their continental selling organ
iZations. The results of this will be
not only a practical economy in the
administration of these sales organi-
cations, 1t is said, but will reinforce
the already close cooperation in CON
tinental markets between these Amer
lean and Belgian producers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
LUMBER TRADE SLOWER.

NEW YORK. December 81 GP).-
Sharp decreases in production, ship
ments and orders in the lumber
movement of the country for the week
ended December "a are reported by
the Nation4 Lumber Manufacturers
Association, partly accounted for by
the Christmas holidays and the mil
season for semi-annual repairs. 1t
also appears production has been
suspended or curtaiIed because of
stagnant or uninviting markets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
BY WILLIAM f. HEFFERNAN.

NEW YORK, December 3L.-The
speculative market throughout the
closing session of the year on the
curb Market had to face a number of
unfavorable developments which nat
uraly told upo1 the movement of
pr!ceS, Many who had waited until
today TO establish losses for income
taN purposes freely offered stocks
Whlch had been purchased early in
the year at high prices. That this
liquidation was comlng. unon the mar.
ket was borne out by the heavy trans.
actions which were made on a cash
basis.
iheh there was the Mexican stu.
alton, which every one agreed had
Following is a list of bonds and
stocks traded in on the New York
curb Market today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
ELECTED DIRECTOR.

NEW YORK, December 81 F).--
Elisha Walker, president and chair
man of the board of Blair & Co, Inc.
has been elected a director of the
American Brown Boveri Electric
Corporation to fill vacancy, and
Henry Lockhart. ir., vice president OF
Blair & Co, has succeeded Felix
Jenkins, resigned Gross business of
American Brown Boveri for 1925 is
estimated at $4,000, 900 by Laurence
r. Wilder, president.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
COTTON DECLINES
IN TRADING TODAY
Selling Promoted on Belief
That Better Weather Pre-
cedes Hedge Selling.

by the Associated GFesS.
NEW YORK, December 31.-The
cotton market opened steady today
at an advance of l point to n decline
Of points. Some overnight buying
orders developed and probably little
buying Influenced by relatively steady
Liverpool cables. but the initial de
mand was soon supplied by realizing
combined with Southern selling and
selling for both Liverpool and CONT
mental account. BY the end of the first
houl March had declined from 1896
to 1856, The general market showing
net losses of about Q to 10 points,
Buying tapered off after the initial
orders had been supplied and there
was probably some selling on belief
that the more favorable weather now
reported in the South would be re-
Elected by increased hedge selling here
next week.
New Orleans Market.
NEW ORLEANS, December 81 (P).
The cotton market opened irregular
here today and disappointing com
pared with Liverpool cables. First
trades showed 4 points gain to 3
points down, prices having eased off
during 9the call The market con
tinued to ease off after the start on
continued good weather and the de
sire of longs to liquidate in advance
Of the holidays. January traded down
to 1858. March to 12.77 and May
to 1896, or to 5 points under yes
terdays close. There was little dis
position to trade. New York is ex-
pected to suspend trading at noon.
Liverpool Quotations.
LIVERPOOL, December 81 OP).-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31

Secured by first deed of trust on real estate
Prewaling interest aud commission
Joseph I. Weller ' S,', wash oh, T.; TrTss
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31

Cotton-Spot dull: prices easier; Amer
lean strict good middling. 7.S9; good
middling, 7.54; strict middling, 7.24;
middling, ESQ; strict low middling.
$50; low middling. 5.S4; strict good
ordinary. $40: good ordinary, asa.
Sales, 5000 bales, including ZOO
American. Receipts. 5000 bales, in
Guiding 5000 American. Futures
closed steady; January GIG; March.
6S9; May. 100; July, 7l0; October,
7.15
Official noon closing: December
0926l, 669 value.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
SPECIAL DIVIDEND.

NEW YORK. December 81 R).-
A special dividend of 60 cents in cash
was declared on the common stock of
United States Radiator Co.; payable
January Is. A quarterly dividend of
so cents a share also was authorized
on the common, previously IS cents a
share quarterly, placing il on a 81
planual baSs@S
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31
SCHULTZ STOCK BOUGHT.

NEW YORK, December 81 P.---
Julian Wattley, treasurer of Union &
United Tobacco Co, announced a sub
stantial block of Schultz Retail Stores
Corporation common stock had beef
bought for cash for permanent invest.
ment and it was expected the holdings
would be increased further by the
offer to exchange one-half share Of
Union & United and SIS in cash for one
share of Schultz.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
New York Produce Market

New York, July 15.-(P).
FLOUR-1rregular; spring patents
So $40: soft winter straights 1000
100; hard winter straights 7.75 OSLO.
WHEAT T-Spot easy; No. / dark
northern spring c if New. .YQrk, lake
and rail 1884; No. 2 hard Winter 8 b
New York lake and rail 1.62I; No. 2
mixed durum do. to arrive 1909: No.
1.79t in bond.
C0RN-Spot firm: No 2 yellow c f
track New York all rail So; No. 3 yell
low do. "a.
OATS-Spot steady; No. white 5O7.
LARD-Easy; middle west 1869
Other articles We're unchanged.
BUTTER-Steadier receipts 1876.
EGGS-Steady; receipts 27613.
POTATOES-Dull North and South
Carolina and Virginia new per barrel
No. l $500 500.
CABBAGES-Dull New Jersey
white per 13-bushel hamper 75c; Ohio
per 100 pounds erase $50.
The raw sugar market was easier to-
day under increased offerings. Spots
declined Lice to the basis of 40S for
Cuban, duty paid. Sales included 100
GOO bags of Cuban and 5000 bags Of
Porto Rican at All. and 5000 bags of
Cuban at 4.0S to local and outport re-
tners for July shipment.
Rejecting. the easier spot market,
raw sugar futures at the time showed
declinesof one to two points under
September liquidation and selling by
trade and Cuban interests. Shorts
covered on the reaction and partial
rallies followed, with the close one
point lower to one point higher on ac-
tive positions. July closed 229, Sep
TENDER 2.37 December 2.54, January
go, March 2.62.
Fair business was reported in re-
hned sugar with prices unchanged at
$50 to 80 for fine graduated.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16

over bought position resulting from
the recent rapid advance in many
stocks. The few earnings state
ments which were made public dur
ing the day were favorable, particu-
larry that of the Phillips Petroleum
Company, showing net earnings for
the first six months, in excess of
$l4,000,000, an increase of over 80
percent compared with the same
period last year.
Practically all the standard indus
trials lost ground, U. S. Steel COM
mon closing 71S lower at 14O IS
after having crossed 142 General
Motors dropped from 100 TO 157 SIS
and then rallied TO 15S IL, off l IA
net. Net declines of points or
more were recorded by about a score
of issues.
Speculative interest in the railroad
group centered largely in a few hard
coal carriers, Lehish Valley touch =.
ed SO IL. the highest price since it
was listed on the exchange in 1911.
and Lackawanna closed "a points
higher at LA "a
Commodity markets were irregu-
larly lower. Active wheat futures
declined slightly on publication OF
private estimates giving larger
Canadian yield than the recent gov
eminent report. Cotton was practf
cally unchanged on the day. Raw
sugar declined 116c of a pound. but
coffee was II to "a points net higher.
Call money renewed at 4 IL per
cent and then eased to four the
lowest rate since June 81. The New
York stock exchange reported that
| heavy offerings, as compared with
even smaller borrowings than Wed
| pesday bro"~ht about a reduction in
the rate. There was a plentiful sup
ply at the close. Time money and
commercial paper rates were un-
changed.
Foreign exchanges were again ir
regular. A further stiffening In
sterling exchange sent the demand
rate to just below S4S6, but French
francs broke about 10 points to 2.4s
cents, new low, and italian lire
ruled slightly lower around 4 s-sc.
The bond market turned reaction
airy as the process of readjustine
prices to the higher scale of time
! money rates was carried step
further.
Railroad issues. by reason of their
/ recent performance at the head IF
the advance, attracted the LARGEST
Sup VI iSdhziHS safes, ana recess
| SONS were general throughout this
group. The unsettlement of the
stock market was another factor
which contributed to the loss of buy
ing interest.
Although there was no evidence of
concentrated selling pressure again
st the carrier bonds. the declines in
this list predominated to such an eS-
tent that the price average of rem
resentat1ve issues was carried back
to the lowest level in more than a
month. Fractional losses were
recorded by Great Northern Sc.
o:thern Pacific is and IS, Baltimore
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
Barring Coming Benbach Delaney Tonight
BERLENBACH AND
DELANEY meet PUT
over TO TONIGHT

New York, July 15-(P)-Rain late
today quenched for at least "a hours
the fires of enthusiasm that had MS
en- about the Paul Berlenbach- Jack
Delaney light heavyweight cham
pionship contest, scheduled for to-
night.
Threatening clouds lowered over
Ebbets Field in Brooklyn, scene of
the conflict, throughout the day, bat
promoters declared today that only
a cloudburst could prevent hostili
ties. After long hours of apprehen-
sion the "cloudburst" came just I'M
der the shadows of evening. In half
an hour the seats around the arena
were awash.
A few hundred intrepid fans had
moved into the arena before the
downpour came, rushing for the low
priced seats. They were notified
that their ticket stubs would be hon
ored tomorrow night when the pro-
gram will be staged without change
unless rain again interferes. In use
of another postponement the fiSht
will take place Saturday night.
Berlenbach, the champion, weighed
ia Ia at the official tests three
hours before the postponement. His
manager announced that some hald
work had been necessary to brlnG
him to the scales under the TO-
pound limit. But the champions
worries are over for a time, at least
as the state athletic commissions
rules allow postponements of q
hours without further weighing.
Delaney, the challenger, tipped the
beam at 166 liz, six pounds under
what had been predicted, and there
was some surprise among his fol-
lowers although he always has made
weight rather easily. In his last
meeting with Berlenbach he scaled
1863
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
Death of Captain
Clough Recalls
Wreck so Years Ago

San Francisco. July 15.--(Pl--
Captain" Fred Clough, so, died yes
terday in an humble lodging house
on Kearny street, and his passing
recalled another gripping epic of the
sea.
Sixty years ago the captain" was
a sailor on board the good old clipper
ship Homet. in the California gold
trade On the ship was Henry Fer
guson, Bible student. The Hornet
caught fire in the South Pacific dol
drums and burned to the waters
edge. The crew took to the small
boats. All were lost but the Is who
were in Clough's boat. Ferguson
was among the saved.
For forty three days they drifted,
alternately storm belabored and be-
Gained. Their food and water gave
out in a few days. Some of them
died. half mad, and their boots were
eaten up by the survivors. A sail
was spread to catch the water from
the sudden tropic storms.
Ferguson sickened and sank rapid
ly. Clough, horny knuckled sailor
man, pillowed the dying mans head
in his lap and sat with him through
the long days and nights, giving him
the bits of food that he had saved
from his own pitiful dole and catch
ing the storm water for drinking.
Clough brought Ferguson through
while the others died about them.
They finally drifted onto an island in
the Hawaiian group. Mark Twain
who was visiting the islands at the
time, heard of them and sought out
Clough to hear of his experience.
From it Twain made one of his FAM
Gus stories
Ferguson died few days later as
a result of exposure but brother of
the student. a noted preacher in
Maine, heard of Clough's sacrifice
and made out an annuity of 800 for
him which he received to the end.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
Guy Mckinney
Wins at Toledo

Toledo, Ohio. July 15.-(P)-Guy
Mckinney. bay colt by Guy Axwor-
thy, won the 18th renewal of the Ma
iron Stake for three-year-old trotters
at Fort Miami race oval here today
from sNendid field including the
heretofore indicated Peter Maltby.
Guy Mckinney was driven by Nat
Ray, ana won the big event by taking
the second and third heats.
The first heat was won by Ben White
behind Station Belle. Peter Maltby
was a topheavy favorite in the betting
and when Guy Axworthy took the Sec
ond heat he paid $3.50 on So ticket
The Fort Miami o9 trot was won
by Guy Ozark driven by VIII DECKER
son. Tommy Murphy's Rose Scott was
the favorite. The Mooney three-year-
old pace went to Lady Patch with Vic
Fleming in the sulky. Lady Patch won
in straight heats,
Myrtle Baxter. the favorite in the
EOS pace, had little trouble in cap
turing the event in straight heats.
The summaries
THREE Y EAR-OLD FACE, PURSE
$500
Lady Patch, br f, by Walter CO.
chato (Fleming) ...........1 1
Lillian X. b (Palin) .......a2 2
David Fellows, b C (Egan)...4 4
Lu Trask, c (Cox) .........3 5
Eta1nac, b (Morriston) ..S 5
Peter Dillon, Seminole, Susi Refine
70 and Fay silk also started.
Time-2,06 %. 200 3-5, 2.11 2-5.
THE FORT MIAMI 200 TROT,
PURSE $4,000
Guy Clark, bg, by Axworthy
inI-
Retreat Bells, BIN (McDonald) 4 /
Rose Scott, blk m (Murphyl :. . 2 8
Worthy Harvester, bh (Childs) 3 5
Jean Forbes. brig Derry -. 8 5 4
Voltage, Hollywood Jessie, Light
ming Flash, Erla Guy, Truax, and
Progressive also started.
Time-2.02 2-5; 2.04: 203 3-5.
MATRON STAKE NUMBER IL. 3
YEAR old TROTTERS, TAN
NER PLAN" TOTAL VALUE
Guy Mckinney be, by Guy Ak
worthy (Ray) .-............ 4 / l
Station Belle. bf (White) 80. I 4
Charm, bf (Murphy) .........
Billy Trubae. bf (VaIentine) 3
Peter Maltby, be (Dickerson) "a 5
Josephine Nolo Augusta, Guy
Stewart, Peter Hayes, Hollywood
Susan and Davie also started.
Time-2.04 3-5; 2,05: 2.O7.
2.06 PACE. PURSE $1,000
Myrtle Baxter, BIN, by Chilcoot
F'lemingl ............... I 1
Hollywood Walter, bh Goomis) 5 ? .
Miss Ellen w, brm (McMillen) 2 s S
Braden r Ter, gr s (Palin) -. ! 3
Attic, chg (Morrison) ..,. 3 s 5
Phil O'Neill. Maid Direct, Korak
Gfattan, Lula Forbes also started.
Time-2.07 %: 2.03 2-5; 2.04.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
Notice of First Meeting of Creditors

In the District Court of the United
States for the District of Maine.
In the matter of
Atwell r. Sanborn, In Bankruptcy.
Bankrupt.
To the creditors of Atwell R. San
born of Wateryille in said District,
bankrupt:
Notice is hereby given that on the
5rd day of July, 1926. the said Atwell
r. Sanborn was duly adjudicated
bankrupt: and that the first meeting
of his creditors will be held at the
kennebec County Court House in Au
gusta in said District on the 23rd day
of July, 1926, at ten o'clock in the
forenoon, az which time creditors. may
attend. prove their claims, appoint a
trustee, examine the bankrupt and
transact such other business as may
properly come before said meeting.
FREMONT j, c. LITTLE.
Referee in Bankruptcy.
Augusta, Maine, July 6. 1925.
q ilIly1 6d1 IL
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
Chicago Produce Market
(By the Associated Press)

chicago, july 10.
Notable strength developed in the
corn market today, based largely on
active buying associated with reports
about backwardness of corn growth
Field advices indicated that the corn
IS late in many SectionS-northern IL
linois especially being represented as
three weeks behind normal. Closing
quotations on corn were firm. 12c to
2sc net higher, whereas wheat finished
easy, &c To &c off, oats AGA to &c gain,
and provisions varying from l2c de-
cline to a rise of 15c.
Most of the advance in the corn
market came near the end of the day.
Purchasing on the part of spectators
took an aggressive turn at that stage
and forced prices rapidly upward. Or
ders which automatically went into
operation to stop losses for previous
sellers did much to accelerate the rise
in the market. Before the ascent
could be checked, December delivery
established a new high price record
for the season. Profit taking was
heavy but the market showed only
slight recession from the days top fig
ures. Oats borrowed firmness from
To bring the new corn crop along
to maturity ahead of possible frost
ideal weather is essential, so traders
assert who have been on the buying
side 1t was also pointed out that
commercial demand. for.sold- ~aerIl- ! is
better and that premiums paid at
Missouri River markets for corn to
be shipped to the Pacific coast have
been attracting corn from territory
which ordinarily would send its grain
to Chicago. The outlook has been that
corn receipts here would continue
moderate until after the harvest of
nearby wheat and oats.
Beneficial showers in Canada tended
TO ease down the wheat market Be
sides, something of a reaction was
looked for in view of the recent 15c
bushel climb of values. There was
talk current, too, that exporters were
reselling at the Gulf of Mexico. In
addition, hard winter wheat from Hi
nois points began arriving in Chicago
today. the forerWnner of an expected
liberal run.
Increasing stocks Of lard led to sell
ing which made the provisions market
irregular
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
BIG RACE CARD
AT SKOWHEGAN
PARK SATURDAY
Especial to the Kennebec Journal)

Especial to the Kennebec JournaD
Skowhegan July 15.-Skowhegan's
rack track. the rendezvous OF horse
men, has made such rapid strides in
the past few years that 1t is known
as the Lexington of the East, opens its
1926 season Saturday with a one-day
race program, and baseball tournament,
bringing together four of the fastest
teams in this section in a series of
three games for a'large purse.
Several of the prominent stables In
the State are already on the grounds
and one of the largest lists of entries,
which will be published in tomorrows
paper, has been received. 1t assures
the mana cement and the public that
they are due for the best one-day race
meet ever held over the course in Som
erset county's shire town, with a 2.16,
ECO and 2.24 class.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
Financial
NEW YORK MARKET
Features OF The Days Dealings IN
All The Leading Stocks

New York. July j Is - Up - Stock
prices worked lower on reduced
volume of trading in today's market
The selling movement, which got I'M
der way soon after the opening, was
checked temporarily by reduction
in the call money rate after mid day
to the lowest level in three weeks
but was resumed in the late trading.
despite aggressive bullish operations
in a selected list of industrial and
railroad stocks. Total sales were
1,372,700 shares compared with L.
S34,4C0 yesterday
The reaction was accompanied by
rumors of an increase after the close
in the 1-2 percent rediscount rate
of the New York Federal Reserve
Bank, which proved to- be unbound
ed. In many quarters, however, the
view persisted that the decline was
a natural correction of temporarily
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16

& Ohio issues, Burlington general
IS. Frisco income is, New HAVEN 6s,
|"Katy' adjustment SIS. Seaboard Re-
funding As, and Union Pacific mort
cages. marlborough Rapid Transit
liens were weakened by reports that
tire subway strike was continuing to
make serious inroadS on the coEl-
pany's revenues.
French and Belgian bonds were
unaffected by the renewed weakness
of these currencies and other foreign
obligations drifted aimlessly.
Public offering will be made to-
morrow of S10,000,000 twenty year
6 IL percent bonds of the Free State
of Bavaria. through syndicate
headed by the Equitable Trust Com
pany, and Harris, Forbes and CON-
pany at price of 90 "a. The Brown
PAPER Mill Company will be repre-
scented by an issue of S2,500,000 three
to Is year percent bonds, priced to
yield $50 to $40 percent,
Total sales were S10.364,0G0.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
J Rated for Dean in 9th.


) rr-Batted for Rixey in 9TH.
II IRAN for Hargrave in 9th.
.,,-Batted for Emmer in 9Th.
r-Batted for May in eth.
Ran for Hudgins in 9th.
l,.il,deIphia Il 0 2 0 2 2 0 0 Is
ln|rnatl 20 l 8 l 0 0 0 0 1t
THO THO base hits Hudgins. Three base
Ia. Christensen. Home run Roush.
|r I'm play Sand to Friberg to
|f,rss Left on base Cincinnati 5;
|gsf,deluhia 6. Bases on balls off
|; ns /; Pierce l. Struck out by
|i1oue S; May /; Dean 1. Hits off
IaGue II in innings, none out in
ITb, off Lucas 1 in ID; off Rixey
Emi 2.3: off May in2; off Dean
n IN 4: off Willoughby 8 in 4 1-3;
lrldcb 0 in 2-3; Pierce 0 in 0;
Ipfched to one man, gave base on
IbB and was taken out.) Winning
Ether Willoughby; losing pitcher
Iugue. Empires Moran and Reardon.
Ilme 212.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-07-16
CUBS MAKE 6 HITS
WIN OVER BRAVES

Chicago, July 15.-(P)-Chicago
punched hits and defeated Boston 8
4 ! today, making it two out of
Slee on the series. Stephenson's
kpie In the sixth inning followed by
flanls single gave Chicago 2 runs
: tney added another in the eighth
heathcote's walk, Freigau's sacri-
1 which E. Taylor threw wild to
~ enabling Heathcote to count.
ne singles in the ninth inning gave
s'on Its lone run. Score:
tsslon 80 0 0 0 0 0 0 1-1-S-1
Flcaso 80 0 0 2 0 1 x-3-6-1
nearn and z. Taylor; Jones and