davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1899-11-04
THEIR FAMILY
SKELETON At A
CRIMINAL TRIAL.
Cruelty of Schmidt Is
Told in Court.
Oakland Office San Francisco Call.

yUS broadway, NOV. 8.
A family skeleton was unveiled at the
trial of Jacob G.. Schmidt, charged with
assaulting his parents-in-law with a
deadly weapon, which was commenced
before a jury in Judge Halls court to-
day.
Schmidt, it appears, called on his ex-
Mrs. NJ. F. Meinert, in East Oakland,
several Sundays ago, in the hope of ef-
fecting a reconciliation. But almost on
the threshold he met his father-in-law,
is said to have whipped out his revolver
and threatened to shoot the top of his
father-in-law's head off.
Among the very first witnesses called
was the accused !, mans Ms, mother-in-law'
fed that when Schmidt married her
daughter in 1894 the latter was not Of age.
II gave my consent" continued the wit
ness, but I did not know Schmidt as
we'll then as I do now. After they had
ter secured divorce on the ground Of
cruelty, failure to provide and tnfdelity.
But she forgave him later; they kissed
and made up, and soon married again.
About six months ago my daughter was
once more compelled to sue for a divorce.
She secured a decree. and we have re-
fused to allow Schmidt to visit our house
ever since, though he has persistently
come around, insisting on being admitted,
and on one occasion he broke down door
to get into the house.
'The last time he called, when l was
there, he showed a revolver under my
nose and l screamed and ran away for
my life"
The trial will be resumed tomorrow
morning. Schmidt. 1t is said, will take
the witness stand in his own behalf and
promises to recite a tale of matrimonial
troubles and too much mother-in-law.
The San Francisco call., 1899-11-04
HIGH SCHOOL STUDENTS
TO HAVE AN ELECTION

OAKLAND, Nov. 3.-High School stu
dents are now busy doing politics prellm-
mary to the election of officers for the
school paper on November 16. There are
always two tickets in the field, represent
ing the frats and non-frats. The candi-
dates for the various offices were an
nounced to-day. They are as follows:
Representing the frat" party, com
posed of the members and friends of The
three boy and two girl fraternities-Edi-
tor, John Dilbert; first associate, Victor
Metcalf; second associate, no nominee
third associate, Catherine Stone; fourth
associate, Sadie Alexander. president,
Ambrose Codwen; vice president, Heard
Spence; secretary, Will Jordan; treasurer,
Hart Wilcox.
Representing the "non-frat" party-Edi-
tor. Wallace Foster; first associate, Rob
ert Dyler; second associate, Walton Mich
oils; third associate, Marguerite Walker:
fourth associate, Reubena jess; president,
Ed Druhe; vice president, Willy Peck:
secretary, Earl Wade; treasurer Harry
Clough; business manager, Edwin Rust.
The San Francisco call., 1899-11-04
TELEPHONE THAT WORKS
WITHOUT HELLO GIRLS

OAKLAND, Nov. 3.-The first step in
the direction of an opposition telephone
service in Oakland was taken this after
noon when Attorney Albert c. Aiken filed
articles of Incorporation of the Oakland
Automatic Telephone Company, with a
stated capital stock of $3.50 ,00O of which
$500 has already been subscribed by the
following directors in sums of 800 each:
Albert G. Aiken of San Francisco, William
A. Magee, Charles B. Taylor Samuel S..
Teller and E. c. Dozier
The modus operandi of the automatic
telephone has already been exploited in
The Call. One of it's chief features is the
fact that each subscriber rings up the
number desired direct from his telephone,
thus 'obviating the need of central"
The new concern has taken quarters in
the Delger block and Mr.. Aiken gives the
assurance that If it receives the proper
backing in encourGg cement from pros
pective subscribers plant will be put in
shortly
The San Francisco call., 1899-11-04
RETURNS TO THE SCENE
OF HER FIRST SUCCESS

nROMINENT among the fair Cali
r. fornians who have achieved bril-
liant successes in the dramatic
profession is Miss Pearl Eve
lynne, who will make her appearance
in Mile Fiji" at the New Alhambra
Theater next Sunday night, in which
play she has made decided hit as
the charming young wife.
Miss Evelynne received her early
education in the public schools of San
, Francisco and afterward put in the
; finishing touches at SHELLS Seminary,
Oakland. She went on the stage at the
3 age of 16. this being her sixth season
. in the profession. Her first appear
ance was at the State Fair, in which
> she cleared off a debt of $1,000 for that
. institution. She then Joined the Girls
mers in Humanity" in which she
. appeared here four years ago. In
mile. Fif' the talented actress has
scored the crowning hit of her career
, and has won favorable mention from
every dramatic critic who has seen the
NAV In the New York production
Miss Evelynne appeared in the char
acter for many continuous perform
ances.
The San Francisco call., 1899-11-04
GRAHAM AKERLY
DID NOT FILL
A CUBAN GRAVE
Legacy From Mother
Awaits Him.
Oakland omce San Francisco Call,

9OS broadway, NOV. 3.
Graham Akerly. son of the late Ben
jamin Akerly, pioneer rector of st. Johns
Church, who was supposed to have met
death on a battlefield of Cuba, is reported
to be alive. Old friends declare as an
incontrovertible fact that they have seen
him in San Francisco within the past few
days, and that, though he seemed much
reduced in health, he expressed no desire
to return to Oakland.
Akerly is wholly oblivious Of the fact
that the estate of his mother Catherine
Akerly, also deceased, was closed UP last
March, and that his share, a snug legacy
of several hundred dollars, has been lying
in the county treasury ever since awaiting
a claimant
Akerly's disappearance in 1897 was
coupled with love affair. In January Of
that year his wife, Carrie C. Akerly, sued
him for a divorce. Owing to his absence
summons was served by publication in a
newspaper. In the following November
the divorce was granted and about that
time Akerly returned and fell in love with
the daughter of a wealthy local merchant
who was opposed to the match. There
after, and about the time hostilities broke
out between America and Spain, Akerly
disappeared for parts unknown and the
only information ever received concerning
him thereafter was TO the effect that he
The San Francisco call., 1899-11-04
County Hospital Plans

Supervisors Aigeltinger, Collins. Hol-
formal discussion yesterday regarding the
plans of the proposed City and County
Hospital No conclusions were arrived al
as 1t was expected that the board would
pc present and take up the subject as a
whole. In this connection let
ter has been received by the board re-
wood one Of the committee on award
who made a report with his colleagues
which was regarded in the nature Of a
to the erection Of some of the wards of
the hospital on Rincon Hill in order to
avoid the fogs and other climatic condi-
tions detrimental to certain classes of
disease.
The San Francisco call., 1899-11-04
SUIT RECALLS GEORGE
EARL'S DISAPPEARANCE

OAKLAND, Nov. 3.-Augusta Rohrbach,
by her attorney. Fred L. Button, filed suit
in the Superior Court this afternoon
against ex-Councilman George j. Earl to
foreclose a mortgage given by Earl in
September, 1895, for $500, and on which
but $500 has been paid.
The suit recalls the mysterious disap-
pearance of Earl few months ago, after
he had sold out his saloon on Thirteenth
street to, another ex-Councilman, Will
liam Watkinson. Though Earl has since
been reported a Los Angeles, nothing au-
thentic has been learned of his where
abouts, and his wife is now said to be i'll
quite straitened circumstances.
lots of the Warner Tract in Brooklyn
Township and she asks judgment for $1200
with interest at 10 jer cent from February
last, together with $l4 46 taxes paid and
S150 for attorneys fees.
The San Francisco call., 1899-11-04
They Favor Consolidation.

OAKLAND. Nov. 3-The Golden aate
Improvement Club. after lengthy dis
cussion Iast night, adopted a resolution
palities of Alameda, Emeryville. Berkeley
and Oakland into city and county gov
ernment At the same meeting the follow
year: DR.. A. L. league, president; c. A.
Chichester, vice president; F. A. Strong,
secretary; James O'Neill, treasurer. AS
delegates to the Associated Improvement
Clubs Stephen Dewing, II. T. Burns, e..
A. Chichester, DR.. league and DR.. A. A.
de Puv were appointed.
The San Francisco call., 1899-11-04
Mothers Discuss School Matters.

At the mothers meeting held in the La
guna Honda School in the Sunset district
Thursday afternoon several subjects were
ably discussed, among them the PROPOSE
ton of kindergartens and the enlargement
of childrens Fairgrounds.
Miss Banning, one of the leading kinder
garten educators of the Pacific Coast, ad-
dressed the meeting. She spoke upon the
spiritual duty of the mother to the child
as opposed to the mere physical duty
She related how the kindergarten assisted
in the realization of an ideal motherhood
Light refreshments were served, after
which the meeting adjourned until the
first Thursday in December.
The San Francisco call., 1899-11-04
DINNER TO ]. GOLDBERG.
Employees of the Big Grocery Hous,
Honor Their Chief.

A delightful dinner and vaudeville en-
tertainment was given TO J. Goldberg by
over 200 Of his employees to celebrate the
opening of the new Sutter street building
and 10 honor the chief Of the big grocery
establishment on his return to business
fter a rather extended absence
At long tables, beautifully decorated
with the choicest flowers Of the State and
zroaning under the weight Of good things.
from the smallest office boy to the head
II department., sat down and made
merry during the interludes in the ex-
Speeches of a congratulatory nature
we're made by Messrs. Hugo d. Keil and
b. Bowen, and were gracefully re-
pouded to by Mr. Goldberg In an address
n which he reviewed the progress of his
7ouse and it's growth into its present i'm
nensity, and cCmplimented his able staff
IF assistants for the part they had In
building up one of the great business
houses Of the city.
The San Francisco call., 1899-11-04
Mary Murphy's Estate.

OAKLAND, Nov. 3.-The annual report
tor H. Metcalf in the estate of Mary Mar
garet Isabelle Murphy, deceased, shows
that since February last he has disbursed
IN payment of taxes, insurance, ETC..
s24 ,f06, of which $4,000 was on the prin-
cipal of note held by r. F. Deane, and
the administrators and attorneys fees
are S2625. The report shows cash on hand
belonging to the estate Of $72 .502
The San Francisco call., 1899-11-04

How many salaried deputies collected
| poll tax?
How much is the city ahead on Dodge's
! poll taxes?
What does section 1862 of the Political
! Code mean?
| Where was Phelan?
viii Dodge bring his poll tax records to
| the political platform?
The San Francisco call., 1899-11-04
ALAMEDA COUNTY NEWS.

had enlisted as a soldier at Tampa. Fla,
and was en- route to Cuba. Then all
trace of him was lost and he was given up
for dead.
Friends were in San Francisco to-day
looking him up with the intention Of ap-
prising him of the legacy.
The San Francisco call., 1899-11-04
Galleano Insane.

ST. JOSEPH. No, Nov. 4.-Pietro Cal
leano, the well-known barytone, with the
Lambardi Italian Grand Opera Company,
went suddenly insane last night and is a
raving maniac. He will be sent to the
asylum to-day.
The San Francisco call., 1899-11-04

OAKLAND, Nov. 8. - Miss Anna
Frances Briggs, one of California; 9
most talented artists, is expected
~ home from abroad in few da.ys.
She sailed from Liverpool a few days apo
and on her arrival in Philadelphia. will
20 to New York aEd then start for the
West.
Miss Briggs homecoming will be pleas
ant news for Western artists, and thew
will look forward with interest to seeing
the results of her work of the past year
abroad, for she has been painting in
Paris, London and Amsterdam.
Miss Briggs will bring with her some
water-colors of Holland marsh scenes
this being the line of art for which she is
most noted. She will rest a while and
then establish a studio. after which She
will exhibit some of her pictures in Ian
uary at the Hopkins Institute of Art
The San Francisco call., 1899-11-04

'7:OOA Benicla suisun and Sacramento.
"7:OOA Marysvile, Oroville via Woodland,
Elnlira, vacaville aud Rumsey. e.
%7:0OA Shasta Express-Dayis, Willows,
Red Bluff, Portland. ..........
s7:3OA Martinez, San Ramon, Vallejo, Napa,
Caistoga and Santa Rosa....-..
's:OOA The Overland Limited-Ogden,
'ss3OA San Jose, Livermore. Stockton,
lone, Sacramento, Placerville.
Marysville, Chico Red Bluff.
SS;30A Milton, Oakdale and Sonora. :....
'0:OOA Haywards, Niles and Way Stations:
+0,OOA Atlantic Express-Ogden and East
+9:OOA Martinez, Tracy, Lathrop. Stockton,
Merced and Fresno. ................
'9;oOA Port Costa, Fresno, Mojave and Los
Angeles. ............. ............
"IO:OOA Vallejo, Martinez and Way Stations
'II:OOA Haywards. Niles and Way Stations.
"I2;OOM Niies, Lvermore. Stockton, Sacra-
mento, Mendoza, Hanford, Visalia,
PorterVille; .,..a:;........-...'''.
tI;OOP Sacramento River Steamers.
s3:OOP Haywards, Niles and Way Stations.
'4;OOP Martinez San Ramon, Vallejo,
Napa, Calistoga, Santa Rosa......
*4;O0P Benicia, Vacaville, Sacramento,
Woodland, Knights Landing, j.
Marysville, Orovllle.
t4i30P Niles, San Jose and Stockton .......
SCOOP The Owl Limited-Tracy, Fresno,
Bakersfield. Saugus for Santa Bar
bora, Los Angeles. B............,....
H5:3OP Stockton. Merced, Fresno. ...........
f0:3OP Fresno, Bakersfield, Santa Barbara,
Los Angeles, Deming, Ell Paso,
New Orleans and East. ...........
s5,3OP Santa 10 Route-Atlantio Express
for Mojave and East.
SCOOP Haywards, Niles and San Jose......
t6:3OP Vallejo Observation-Disclosures.
s0a8Op Oriental Mail-Ogden and East go.
t7:0OP Vallejo, Port Costa and Way Sta
lions. .,-.... ..-.....s.s....
&S;O5P Oregon and California Express, Sac
rRmento Marysvllle. Redding,
Portland, Puget Sound nul East
The San Francisco call., 1899-11-04
NORTH PACIFIC COAST RAILROAD.
Via Sausalito Ferry.

Commencing October /. 1889.
FROM SAN FRANCISCO TO MILL VALLEY
AND SAN RAFAEL
WEEK DAYS-'7o0, $3.50. n:00 a m; '1:4S
"s:4c, 5:15 500. $50 D. m.
EXTRA TRIPS-For MIL Valley and San Ra-
fRel. on Mondays. Wednesdays and Saturday.
at 500 and II 80 .. m.
SUNDAYS-@S 90, 1000. *11:3o a NJ; s1:Is
3:l6 '445. $50 800 .. m.
Trains marked ~ run to San Quentin.
FROM SAN RAFAEL TO SAN FRANCISCO.
WEEK DAYs-s:25. 'S:s5. 7:45 's:4O a m
EXTRA TRIPS on Mondays. Wednesdays and
Saturdays at $40 and 1913 p. m.
SUNDAYS--e:20 $500. 10000. F11:45 q m,
u 20. s3:i5. AS, $50 D. m.
Trains marked - stsrt tt from . s San Il Quentin:
WEEK pAYs-S:+5 e:45. 1855. s:45 a M:
Iis5 2:s5. 3:45, $50 p.
EXTRA TRIPS Mondays. Wednesdays ana
Saturdays at 100 and 1920 p m
SURDAYS-8:06. 1905 a M; l2:o5, 2:15, am
b:eo sa6 p. m
THROUGH TRAINS.
e!00 a. m. week days-Cazadero and way stations
$40 D. m. Eaturdays-Tomales and ray stationa
500 q. m. Sundays-Tomales and way stations-
The San Francisco call., 1899-11-04

MOUNT TAMALPAIS SCENIC RAILWAY
Leave San Francisco via Sausalito Ferry
Commencing SUNDAY. October |. tsss
WEEK DAY5-S:30 q m. and i:46 D. m
RUN DAYS. 60. 1000 g. M and l:l5 o. N
Jars 3 to Summit and Return, 81 40
THOS, COOK & SON. Agts., 62l Market C.
The San Francisco call., 1899-11-04
s61s s25 Is


His report does not contain the word
poll tax" Again, this $92 PIT is what he
turns over to the Treasurer 1t is IS per
cent of the total receipts. which were thus
sos ,49O5s This $92,217 goes to the State
school fund. The apportionment gives
San Francisco s44S, ,267 .68 out Of a total Of
81, ,044 ,O29, and San Francisco's portion Of
its poll taxes is thus s202@.74, according
to this ratio. 1t is little less than % per
cent of So per cent.
Assessor Dodge's energy in collecting
poll taxes is shown by the following rec
ord of net poll tax receipts In San Fran
cisco for five years: 1895, $69, ,367; 1896, S73.-
2l6; 1887 S72, ,124; 1898, s73,604; 1899, $92 217,
The average for the four years preceding
1889 was $72,077. Dodge's excess of this
average by s20, ,14o looks like admirable ef-
ficiency until the Is per cent is figured out
to be SIS 273.5s, or $3554.5S more than the
average commissions made by Assessors
in the preceding four years.
It cost Dodge SIP ,S31.35 TO run his office
one year, and in this. too, he broke q
record Regular deputies cost as usual,
about S24, 300. Extra deputies cost s79,-
394.ss For the preceding four years the
cost of extra deputies was as follows:
1895, se4 ,e55.59; 1896, s7S,97.42; 1897, S40JT; :;
1898. s72, ,910.
How much of this extra cost paid ror
poll tax collection?
How many deputies collected poll tax
on commission?
The San Francisco call., 1899-11-04
RAILROAD TRAVEL.

SOUTHERN PACIFIC COMPANY.
(PACIFIC sYsTEM.)
Trains leave and are sLue to arrive aG
SAN FRANCISCO.
(Main Line Foot of Market Street,
The San Francisco call., 1899-11-04
CALIFORNIA NORTHWESTERN RY. co.
LESSHH
san FRANCISCO AND NORTH PACIFIC
RAILWAY COMPANY.
Tihuron Fe rry, Foot Of Market Sc.

SAN FRANCIsC6~ TO SAN RAFAEL.
WEEK DAYS-7:30 900, IL 100 a. M; 12:35
$50 5:1O, $50 p. Thursdays trip
at H;9O p m. Saturdays-Extra trips at 1850
and II 40 Z. m.
SUNDAYS $3.50. HOO a. M; 1:So. $3.50.
SAN RAFAEL TO SAN FRANCISCO
WEEK DAYS-6:10, 7:50 e:20 lilo a m; 12:45
$40 6:lo ?. m. Saturdays-Extra trips at
1858 and 6:35 D. m.
SUEDAYs-s:10 s:4O n:1o a rn.; l:4o, 3:4o $685.
6:25 Q. m.
Between San Francisco and Schuetzen Park
same schedule as above.
The San Francisco call., 1899-11-04
Two New Policemen

Harry Wilson, stonecutter, and Charles
r. Cassidy, clerk, both "a years of age and
natives of California, were yesterday "
sworn in as policemen by Chief Lees.
The San Francisco call., 1899-11-04

COAST DIVISION Marrow Gaugc).
foot Of Market Street.l
sS:I5A Newark. Centeryillc, San ose, FELTON,,
Boulder Creek, Santa Cruz and Way
Stations. s...............,.........
f2tB5P Newark, Centerville, San Jose, New
Almaden, FELTON,, Boulder Creek,
Santa Cruz and Principal Way
Stf-tlOD5. ..ssss's
-4:J5P Newark, San Jose, Los Gstos......::
blI:f5P Hunters Excursion, San Jose and
Wav Stations Observation-Disclosures,
The San Francisco call., 1899-11-04

= FnoM OCTOBER %, 1899.
The San Francisco call., 1899-11-04

CREEK ROUTE FERRY.
From SAN FRANOISGO-FGot Of Market Street (Slip 8)
+7:15 600 11:00A.M. t1oo 1900 1900
400 1900 +6:oor.M.
From OlKLAsD-Foul OF BrosdwaJ--6:oo 500 1o:ooAM.
1890 500 t2;oo '3oo tt:oo E5:oorM.
COAST DIVISION BROAD Gange).
Third and Townsend Sts)
46:lOA Ocean View, South San Francisco. t0;SOP
t1:OOA San Jose and Way Stations (New
Almaden Wednesdays only. ....- ~AiSOr
s9iOOA San Jose. Tres Pnos. Santa Cruz
Pacific Grove paso 1e0bles, San
luis 0bspo, Surf, Lompoc and
Principal Way Stations ..,....... -IilOP
sIa,aoA San Joae aud Way Stations .. +6:35A
*lI:3OA San jose and Way Statons......:. oOi3OP
t2:45P San Mateo Redwood, Menlo Park,
Palo Alto. Santa Clara, San Jose,
Tres Pinos, Santa Cruz. Salinas
Monterey and Pacific Grove...... t70;3tA
t3:30P San Jose and Way Statons ....... 5;3OP
t1:I5P San Jose and Principal Way Stations .9;9OA
t5:OOP San Jose and Principal Way Stations tS;O0A
S5:30P San Jose and Principal Way Stations se;3oA
S6:3Or San Jose and Way Stations tS.OOA
bii:45P San jose and Way Stations. t1;jOP
A for Morning 7 for Afternoon.
DAILY Sunday excepted Sunday only
Saturday only.
The San Francisco call., 1899-11-04
OVERLAND EXPRESS

Every day In the year. Pullman Palace and
Upholstered Tourist Cars leave Oakland Mole
for Denver, Kansas City, Chicago and the East
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1899-08-14
Ia CORRESPONDENCE DI PUERI0RICO
NmoA Apuamnhm ode honnnnxm
0ao absoLutamente mpareiaL eco de Ia oensa
10 ser y ade1gazar =.

nepaab de Ts desespea Emn,6
eot ma uado a
ueram Londes
tooS una condcn ho los
que xstr dehuye
ehmedad detene
Feete al ssema ento La combination
los oganos dvos En- la Emulsion esa
Sc asimi ~oO~O ""'~"'
debldad
hpqen
De 'ent la" hod"s SCOTT NUEvA YORK.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1899-08-14
SALVADOR CARBOi\EIL

Doctor On Medclna Crua do Ia faculd de Par exnno de M
hoep&s De aqula Cudad exCjano del Hospital de San
ygsz ofrece pbico erco profession Capital ale
Coneu+,c de dos dc la tarde dos los da los den
gesf>eco dolAEs
GIN 4 tempo invertido ela.-G,ats para pobres
Dtrecct6n hlegrdfca:-Dr Salvador Capital
Como Capital pracioa q Dr. 1oa Joe
AoVetenc'a- Carbohe las persona. qa.r,.
a. nomhra de bautsmo dl apaiidn
The age-herald., 1899-07-30
Cotton Letter

(By leased wire to T. G. Hewlett, Agent.)
 Speculation in cotton for future delivery has been moderately active. The tone has been unsettled, although for week prices show decline. The principal feature of the trading has been the liquidation in August, both of long and short accounts. Speculative holders, however, have not been disposed to go out of the market. Consequently much of the business trans acted this week has been switching, that is, transferring holdings in August to the more distant deliveries. particularly Jan uary. As a result of this the differences in values between the nearby and distant deliveries have widened, prices for the nearby months awakening to a greater extent than the far off deliveries.
 Thursday was the first notice day for deliveries on August contracts and notices were rendered to the extent of slightly over 50,000 bales. Immediately following the market turned weaker, prices declining several points under the favorable pros poets of the growing crop as indicated by the Chronicles weather reports.
The age-herald., 1899-07-30
What the Finaneier Says

New York, July 29.-The Financier says:
 The statement of the New York clearing house banks for the week ending July 29 cannot be regarded as a favorable eXhlolt' although there is good reason for saying that 1t does not show the real condition or fine banks at the close of business Satur- day. loss of nearly four and half mill lions in cash for example, is much more than the six days operations called TOT. The contraction of $12,139,2OO in deposits reduced reserve requirements by over SS,- O0O00O and that despite the shrinkage of S4, ,429 300 in specie and legals, the excess declined only $1 1,244475, leaving the surplus at Sl0.S11 125 The deposit loss, as usual, is 10 be traced to few Of the more lm- II portant institutions, the National City bank being responsible for about five mil lions of the total. On the other hand, the gain of nearly as much by the National Park bank, accompanied by proportion- ate addition of specie, stands in direct con- trast with the trend of the other banks. The liquidation in loans continues the de- crease of $S,33i500 in that item for the week making a total of more than $34 ,o00, 900 in four weeks. In the same time deposits have declined forty millions and specie and egalS something in excess of four mill lions. It is to be noted that while on July the surplus reserve was but five millions, the clearing institutions, despite the fact that they flave four millions less cash now than at that time, still report six millions more of excess reserve. This an2 ueen made possible by the liquidation Of but standing commitments, but 1t Is becoming a question of how much further the pro- cess can be continued. Loans are now the and in the last six months the banks have