davidaulloa/AmericanStories huggingface dataset:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

The reason I am Offering this stock for
sale is solely to perpetuate the business. 1
am offering the safest Z per cent investment
in America 1 retain a one-half interest in
the business, my interest being represented
by the common stock, Not a single dol
public. The W. l.. Douglas Shoe Co. is a
successful corporation, probably the most
successful from a money.earning standpoint
OF any shoe concern in this country.
The property of the company is absolutely
free from encumbrance OF any sort, and II
has sufficient cash capital to conduct a busi-
of s7,0Oo,0 900 a year.
, NThe W. l. Douglas Shoe Co. owns and
operates at Brockton. Mass, the largest
and makes more shoes Of this kind than
any other manufacturer in the world. In 45
Of the principal American cities in the very
best locations the Douglas Co. owns out
right and conducts Ga retail shoe stores,
every one of which contributes to the net
profits of the business. The company also
sells Its product to retail shoe dealers in
towns and cities where it has no store. The
Douglas business has been prosperous for
more than % years.
In four years the business has moro than
doubled. The net cash earnings available
for the payment Of dividends in the year
a ased w on m s@ffif fhan s f. sa 30. : Rsr cent has a1 NOT
been a year in the past twelve that this
business has not earned much more money
than an amount necessary TO pay z per cent
dividend on 100000.
The capitalization of the company is but
500 600. This is DIVIDED into 100000 pre-
Only the preferred stock is offered for sale.
Behind the preferred stock there is 1856
p66 of actual, tangible assets. / cannot re-
ceive one cent of dividend until the Z per
cent has been paid to preferred stockhold
/ers.
The business is now. and has been for sew
eral years, managed by a Board of Direct
ors composed of capable business men. II
you are a careful, conservative investor
one who will be satisfied with a safe and
permanent Z per cent in~vestment-you
should buy this stock to-day while It can
be secured at par-one hundred dollars per
share. This Z per cent preferred stock will
bring a premium of IS per share within two
years time.
This stock is in the nature OF a first
mortgage on all the present assets Of the
company or assets 1t may in the future
m No bonds or mortgages can
be placed on the property Of the company
to lessen the security of the preferred
stockholders.
There is no better investment in the coun-
try now available to the public. Large
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
FRACTIONS IN DEMAND
on LOCAL EXCHANGE.
MECHANICS NATIONAL
SHARPLY ON UPTURN.
Trust Company Issues Are Neg
lected and Lighting Issues
Lead Miscellaneous List.

Investment interest In st. Louis Transit
was the feature of yesterdays market for
local securities. Outside of the traction anu
lighting lists there was little activity. Me-
chanics' National was again strong on
statements that the management was con-
templating a move which would enhance
the value Of the shares. Transit opened
we'll. and the interest was sustained
throughout the session, despite ssd the iio, fact
ton toward the close. Sales were made at
So. IA. and $50. the bulk Of trades being at
the last previous quotation. United Rail,
WAYS preferred was in good demand with
a range from $sl.75 to $3.50. and a clos
ing bid of S81 .62l;.
Mechanics National was a favorite at
$3.50. 30. 1898 and 1888 50. State National held
Trust company issues were dull and about
tive issue in the group at $l27.Io.
American Credit Indemnity, a newly
listed stock, was well taken at sso ana
s2S2. Lighting issues were again In good de-
mand, with sales of Laclede Ga common at
S92. and Of Missouri-Edison common ut
SIS. CPL, and $1S. IS. .
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
Judge Fined Spectators for Offend
ing Courts Dignity.

Judge Douglas yesterday fined Charles
Mcclure 80 and William Rohan 80 for
shouting their approval Of the verdict Of
a jury which acquitted Joseph Tohin on q
charge Of breaking into the houss Of Louis
Schaefer.
When the jury came in and the verdict Of
not guilty was announced. a shout came
from several persons in the back part OF
the room. ARREST those men,. Mr.. Sheriff."
ordered Judge Douglas.
Of the courtroom. MCGUIRE n Rohan at.
tempted to escape. They. were caught N
the .rotunda n brought back into the
severely and then imposed the a.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

blocks Of this stock have been sold to care
fni business men. / have also sold many
single shares to working people ana nersons
who have small amounts of money in saw
ings banks. This is a good investment for
the large investor. and 1t is equally as good
for the ~workingman and small investor
All stock sold thIs month will re-.
cetve tho full six months dividend
the first day Of next July.
The most searching investigation of all
the books. papers and records Of the W. L.
Douglas Shoe Co. is invited. and every ia
cility will. be afforded any prospective in
weston or his representative who may come
w. L. DOUGLAS.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
THE WEATHER.
Official Forecast Announced for
To-Day and Tomorrow.

Warrington, Feb. U.-Forecast for Satur-
day and Sunday:
Indiana and nlinoiIFair In north, NOV and
colder In south portion Saturday. Sunday, faIr:
frssh north winds.
Iowa-Fair Saturday and Sunday.
A~issoun-Fair Saturday. except snow and cold.
er In southeast portion. Sunday. fair.
Eastern Tsxas-Fair Saturday. except rain On
the coast: much colder in east and south portions.
Sunday. fair: brisk north winds.
Western T~e1as-Snow In northern, rain or snov
In southern and western portions Saturday. sun
day, fair.
Oklahoma. Indian Territory and Kansas-rair
Saturday and Sunday.
Arkansas-Fair in west. rain in east portion
Saturday: much colder. Sunday, fair.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

Weather At $50 a. m. cloudy: At SIS d. m.
cloudy. Maximum temperature, as: minimum
temperature. s.. River. IL feet.
r. J. VAT
Local Forecast Official.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
WEEKLY BANK STATEMENT.
st. Louis Clearings $4S, 1863 61 a
Decrease of % Per Cent.

New York. Feb. 13.-The following table.
compiled by Bradstreet, shows tho bank
cleaiings at the principal cities for the week
ended February IL. with the percentage OF
increase and decrease, as compared with the
corresponding week last year:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

Prime sterling. cables 4sSaissh, checks 4s.. $50
1916. 80 days CommeScisl sterling.
Bankers. Paris. cables SIS LIS. checks l5&6slss:
French Francs. checks 5l6Y0 isk6 SIG LIS. 81
days 6iSE G59 LIS. Commercial Swiss Francs,
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
GOLD EXPORTS.
New York Stock Quotations.

New York. Feb. Is. 1873.
The following shows the opening, highest, low
est and closing quotations on the New York
Stock Exchange yesterday. Corrected daily for
The Republic by Francis. Bro. & Co, bonds and
stocks. No. "a North Fourth streetc
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
Totals. United States 81. e14 so1 1G1 ....
Outside New York . D.. 15S,085.S 81 s. =.

Totals. Canada ..:...S %Isea.z.s 100 -.
items than elearinEs.
tnot inclrded in totals because OF NO COMPARE
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

New York. Feb. l17,-Money on call steady at
4 per cent: 90 days 4 per cent: 6 months 40
AZ per cent. Prime mercantile paper 4&d5 per
cent. Sterling exchange steady, with business In
bankers bills at 4s7.5d4. s7eo for demand and
at 1880 for so-day bits. Posted rate. I.s5 and
lars s7ltc. Government bonds weak. State bonds
steady. Railroad bonds irregular.
Cincinnati. c.. Feb. 1a-C1earirEs s.. ss7. 30.
Money 6 per cent. New York exchange CSC dis
count.
Chicago, Feb. 1a-Clearinzs ss7. oos. go: balances
S1:fTo.S2o. New York exchange par to loo pre-
MUM. Foreign exchange sterling posted at 4 S.
for 50 days and at ass fo- demand.
New York Feb. 13-Exchanges 1881. oes. ST.: bal
Boston. Mas. Feb. 13.-Exchanses sls.1 7s. 4ss:
Baltimore. Nd. Feb. 1a.-C1ea-irgs s.. $50, 5Ss:
balance. sl7e.5es. Money s per cent.
Philadelphia. Pa. Feb. B-Cearings s21. 90, SO:
balances s.. 20. $50. Money 4aas per cent.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
Mining stock. An New York.
Domestic
Foreign Exchange.

Clearings were moderate, but transactions at
the hanks. were in fair volume. Discount rate.
for call and time leans were steady between ia
and 6 per cent.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
Report.

Department Of Agriculture. Weather Bureau
Heteorolosieai observatiops received At St. Louis,
Februafy H. 1903. at $50 .. m. local time, and 3
p. m seveuty-nfth meridian time. Observations
made at the Same moment Of time at all stations.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
Wool.

Boston. Mass. Feb. 1.-THE Commercial Brie-
tin will say In to-morrow's issue: The chip
Tenss OF woo; & :. Roston e. date f.cm DEC.
at IL. s e de last year. TIE rseelpts % date
up OF some large hold,nrs Of Ohio n7e asiaiae
the market has been quiet. The de!ai=e sold
some weeks ago. There Is . hrm market ssii,.
and no pressure to sell. notwithstandinR the
general. dullness hero and the late decline
abeood."
Toledo. O., Feb. l3.-Ol UNCHANGED.
OIL City, Pa, Feb. M-Cfsdit 6alancee S1.W:
esrtineats. no bid. shipment1 "a average
71,So6. Runs 1N.S0: average U,o4 u
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

checks 5ls7s95is Ills. 60 days 5I:4L20a52) lie.
Commercial Belgian Francs, checks o1fi1, 50 days
$40. Bankers, reichsma,k.. cheeks 1903 i-:s. 81
days 81 1l-l6. 80 days y4li. Bankers Dutch gull
ders, checks 40 a-i6. So days 40. Corlnercisl
Dutch %guilders. checks +oS. 60 days 80 Isis.
Market firm.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

STOCKS AND BONDS IN BOSTON.
Boston. Mass. Feb. l3.-Closins quotations on
money. bonds. stocks and mining shares to-day
wcie as follows:
MONEY.
Call loans 4G5 per cent: time loans 4kGS per
cent.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
so-DAY OPTION CERTIFICATE.

In order to give plenty Of time and op-
portunity for Investigation. 30-day option
certificates are being issued. To secure one
Of these option certificates. fill out the cou-
pon below. stating the number of shares
desired. giving your name and address. On
receiving this coupon I will send you an op-
ton certificate. good for 80 days. and con-
CATION on your part. Cut out the coupon,
secure the S0-day option first and do your
investigating afterwards.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

New York. Feb. 1s.-Surar-Raw firm: fair re-
fn!ng 3 3-1sc; centrifugal. 96 test. 8 1l-16c: moies-
ses sugar 2 15-iec: refined steady; crushed a75c:
powdered 475c: graduated 4.e5c. Moiasses quiet
New Orleans 37f4nc.
New Orleans. Feb. 13.-Sugar steady, open ket-
tie :Ed3 s-ISc: open kettle centrifueyI 5H@as.c
centrifusai whites sNa!c: yellows sA@s l5:lee:
nominal is6:sc: centrifugal e6lsc; strip nomi-
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

New York, Feb. NEUTRALITY-SUSPICIOUS. 1851
pkgs: firm; State dairy 15@24c: creamery extra
&c; creamery common to choice is9asc, Cheese
fancy small colored, fall made M,!sc: late made
ls%d14c; fancy small white. fan made, 14Nc:
IKE: late made 13Sc: fancy large white fall
made Ike: late made l3lic.
laundress for first three days in week: steady
cries lSG2ac: dairies l592:c cheese steady: Il
aii4%c.
mand; extra Western creamery &c; do. nearby
prints sc. Cheese steady but quiet: New York
fun creamery. prime, small. liI14,ie: do. fair to
good do. 1ji,I15Sc: do. do. prime. large. 14c; do.
do. fair to good do. 13ikhhl3ac.
d
New York. Feb. 13.-Cofee-Spct steady: No. Z
voice SIC: mild quiet: Cordova T01lac. Flu
lures opered steady at an advance Of 10 points.
under higher cables than expected. eased of a
little under realizing. but turned hrmer again and
advanced to a level 1091s points over Wednes-
days close as a result Of smaller receipts and
again worked lower just befHs the close under
renewed proft.taking. The closs was steady.
SSsss. Including FEB isss; March 4Nes H.y
Sept. 5.1Oda l5c: Oct. soc and Dec. ct kso06. &c.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

Bond Sales at New York.
REPUBLIC Eel
New York. Feb. 13.-Bond sales:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

Will street OO8o1Ns
Reported by the Commercial Advertiser through
Francis. BRO. & Co. No. ii North Fourth
New York. Feb. INSTRUMENTATION showed
declining tendency on selling by New York.
s eosdaS + to 3. a vs Drom GI 4n ops E,. hoD who was re;
Vas not favorabiy received. Price. came lower
snd the a5sitrsFe house. had selling orders. they
various internationally listed stocks.
generally lower The $1,000; oSo bond Issue ~
s sss haif was ase ass n6ason Is L ssPrs eriee: ' Ms4s 9si.
lowed BY sales by the srbitrase houses. The en-
, ,as %s'a as no aaaei az the p resuIs Sf he asaet seIiinss
OF the general list by a broker. said to be acting
Erie was the leader of the decline. but the en-.
tire market was very weak on general selling
DUH.
Erie-The leader Of the market was Erie. The
stock was under ss., prss 8 sure. Of I Long e stick from the
Gus other commis.len-hou:. sold each Z from Loo
10 500 shares. The price declined sharply and
second preferred also declined sharply, The new
bonds. when issued" were traded in at So on
the curb.
Causes of Reaction-The decline In the market
9 rsasr, the ., f9 ,Ss ss1,o wss ,i A. hr't attributed .to
Later II was learned that the report was not
true; but see aha. Mr. 4; / ss, had sp.see s5mi E. s turned 81
the opinion that the Erie bond issue had cast a
SHADOW over the fnQEket. VI tIe 0eCllne q
number Of stop orders were caught. The Waldorf
crowd were sellers all around the room. About
/ o'clock there was a slight rally.
Gates Rumors-one OF the rumors was that
the firm of Harris. Gates & Co. would be dis
solved by the retirement OF Mr.. Harris and OF
several Of the especial partners ard that a new
one OF Charles G. Gates & Co. would be formed.
The firm was credited with heavy selling OF
Rock Island and other stocks to-day.
American Smeiting-In the early dealings. when
the rest of the market was decidedly Teactionary.
Shelters common was u strong feature, al
vancing on buying by Moore & Scniey. Clark.
Dodge & Co. Simmons & Slade. II. NJ. Whitney
K Sons and H.. Il. Hollins q Co. Much OF this
was for account Of interests conversant with the
plans OF the company and the conditions OF its
business. and their purchases led to talk OF
favorable Developments.
Afternoon Trad:ng-The general market rallied
in the early afternoon under tho lead OF Erie
shares. which recovered sharply. The rally in
the general list was not very substantial, and
later the market became very dull. There were
rumors OF gold shipments. which were unfounded,
and then the room element covered its short
contracts. chiefly. however. on. the cessation OF
the selling which was responsible for the reac-
ton in the forenoon.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
How to Get TIL. 7S Preferred Stock

You can get one or more shares of this
Z per cent Preferred stock at once by send
ing cash, certified check. cashiers check,
express or Post Office money order to W.
L. Douglas, Brockton, Mass.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
Chicago Stock Market.
Orfsd nv n II Wolkse ~ e1n ~
Government Boud..


Yesterdays Bank C~leaflnGs.
Yesterdays Clearing house statement showed
clearinss $7.o14.1s. balances S1,0e2. 81.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

Washington. Feb. 13-Available cash balance.
$221, 506. $50; gold. 500. 062. ss4.
Bar Silver.
New York. Feb. 13.-Bar silver &c Der ounce.
At London quiet, q SID per ounce.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

wepy 2 per- interest ono current counts ph interest tee rhaesd hpnhsa and 3R ut interest ms wings.
SAVINGS DEPARTMENT Open EVERY MONDAY UNIT !. NJ
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14

Usofnhnmn relative to Me sMns0 Corporate Issues which aH PAHdM m service customers Personal Interviews with MG
should mh@mn WILLIAM FNEY MWrB I
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
d Department offers the following carefully selected Bonds to investors in
MOUNTS as required Prices and full particulars furnished on request

Arapa hoe County, Colo, rs, 1913
Bloomington, ILL.,, IS. zoos.
breckenridge, Mo-, IS, 1907.
Cape Girardeau, Mo-. S., 1904.
C~arfcrYiIle. Mo-, 1lha. 1910.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-02-14
APPROVED OF THE VERDICT.

Precipitation ,n~.pDrecsssie. Below Il
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1903-06-19

become an established thing, the
people at Fish Haven are MAKING
preparations to take care of the
people who may be induced 10 make
the trip. Mr.. Gray, cashier of the
Montpelier bank, who, by the wav.
Ii as pleasant gentleman as one
would care to meet, has recently
placed on the lake an elegant new
launch and six splendid row-boats
eonvenlences that have long been
needed. In all probability a sum-
mer hotel will be erected. and n
the meantime the different BOARDING
places there are preparing to enter.
tam visitors in The proper way. The
lake Is one of the most beant;f,,
Dooles or water IN either the eastern
or western country and when con-
senlences are installed by enternris.
ing people. the place will prove one.
OF the most popular resorts IN Idaho
Logan Republican.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1903-06-19
Ho, for Bear Lake.

The many who take trips far up
the canyon and on up to Bear Lake
for an outing will certainly find the
new stage line an institution of
great convenience. It is possible
now to go through to Bear Lake in
a day, 9 distance of forty-fve or
fifty miles, for a nominal sum, and
if desirable return the next day, or
any day for that matter. The stage
makes daily trips, and since this has
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1903-06-19
Treated Royalty.

Last Sunday the Examiner scribe
and wife betook themselves TO Soda
Springs, the town of Idan-ha water
Tor days outing. just as soon as
We struck the city Chris Woodall,
the genial proprietor of the famous
ldan ha Hotel, took US in charge.
and proceeded. as few hosts can, to
make our stay pleasant and one to
be remembered. What caught our
particular fancy was the elegance
of the Idanha's meals, all served in
taultless and up-to-date style. Chris
has the reputation of putting out
the finest spreads in the state, and
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1903-06-19

our judgment is, after sampling
them. that he deserves his good
name, for the Idan-ha's cuisine ex-
cellenee is unsurpassed IN Idaho.
Chris manages his hotel on the
theory that the best is none too
good for his patrons, and they are
served accordingly. The hotels
furnishings throughout are as fine
as can be found anywhere in the
west, and for a town the size of
Soda one wonders how the host can
afford it. However, the place has
big patronage and it is becoming
more and more popular every year.
Of course Soda Springs is great
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1903-06-19

summer resort and many people
from adjacent cities spend the hot
season there. It is. in a measure,
to provide for these that this hos
telry is made as rich and commodi-
Gus as it is.
After seeing what we did, our
only advice to others ia to take a
trip to Soda, eat one of the Idan-ha's
famous meals, and you will surely
get your moneys worth.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-30
STOCKS AND BONDS.

New York, Aug. 29.-No significance can
be attached to today's small dealings in
stocks by a handful of professional room
traders. Very few prominent stocks COW
cred an extreme range of as much a
point and the market fluctuated uncer-
tainly IN the interval. There were few
advances at the opening which may have
been due to the contradiction of the first
reports that the United States Vice Con-
sui at Beirut had been murdered. No
outside response came to this movement
and the traders sold the market off on
an early impression that the bank state
ment would not be as good as the fore
casts indicated. AS a consequence the
poor bank statement was followed by har-
dening IN the market, due to covering
by early short sellers and the market
closed firm but practically lifeless and at a
level slightly higher than last night. The
banks show an increase in cash OF only
Sl,205, 600. where a gain of upwards OF
S2,oOO,O0o was expected and the loan &C
count was again expanded to the extent
OF upwards of $1,000, COO This loan in
crease is in reality measure of the mac
tivlty of the money market as it is suppos-
ed to be due to the putting out at unre-
munerative call loan rates by the banks
OF funds deposited by the transit com
panles to take advantage of the rate paid
by the banks on deposits Besides this,
sentiment on the money market outlook
has taken on a tone OF assurance since
the announcement of the Secretary of the
Treasury's plan to increase government
deposits with the banks to the extent of
S4O.oOo,000 if necessary. This plan comes
in for good deal of discussion in Wall
street by reason of the new contention
involved that internal revenue receipts.
If distinguished in the bookkeeping may
he transferred to the banks even though
they have been received by the Treasury.
Hitherto internal revenue receipts have
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-30

cotton begins to move for marketing will
be from all parts of the cotton belt at the
same time But until this cotton is avail
able, the fact that Mr.. Brown owns the
cotton in New York gives the manipulators
every opportunity to advance prices just
as far as they see fit. Spot cotton is
quoted at 12&c On Monday, August will
be off the board There is usually a diff
ference of half cent between the price
of spot cotton and the immediate future.
Either September must go up or the price
of spot cotton come down. From today 5
developments it looks very much as
though the price of September would be
put up a cent or so. In a market of this
kind a cent or two does not appear to be
a matter of much Importance. With the
advance in September, October is likely to
move up in sympathy and we may see
another scare in December and January.
While not disposed to the buying side of
the market, we certainly would not hazard
the short side until there has been another
sharp advance.
BARBEE &c co.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-30
Barbee e. Co.'s
Cotton Letter
Especial to News and Observer

New York, Aug. 29.-From the devel
cpment of the morning. it looks as though
there was no question about the attitude
of the New Orleans pool on September
cotton in New York. Shortly before II
o'clock Mr.. Brown came into the pit and
bid September up to Has. This is the
first time he has taken the ring into his
confidence regarding this month. and his
action this morning simplifies the situatio,
considerably. He had a short conyersatio,
with Mr.. Sully on the floor shortly befor,
he went into the pit and with two such
important interests working in harmony
there is little utility in attempting to Old.
pose operations. The congestion will ron
tinue until enough new cotton comes in
from the new crop to be a weight on the
market. 1t will not be difficult matte,
to bring about crash in the market afte,