James:  The Krag ('Sporterized') was an incredibly popular and inexpensive Deer Rifle all over the U.S. from the 1920s to the 1950s.  During the Great Depression, a surplus Krag could be obtained for a few Dollars.  The Krag introduced many Americans to the Bolt Action Rifle, at a time when Lever-Guns were King.  For hunting, it was most practical to shorten an Infantry length Rifle to Carbine dimensions.  Very few Krag sporters are practical candidates for a Restoration.  Your Sporter appears to have an interesting commercial 'Peep' sight.  It would be interesting to see a picture of this sight.  Many of these After-market sights are collectible and worth $75 to $150.  The metal finish in your photos looks nice.  Try cleaning off surface rust with #0000 steel wool saturated with Hoppe's #9 Solvent.  Don't re-finish your metal.  Save the original finish.  The bolt is suppose to be unfinished ('in the white').  Just wipe down your wood with Linseed Oil.  'Pledge' Furniture Polish seems benign to gunstocks.  Sporter conversions are a legitimate part of the Krag Story.

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