davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1908-10-11
COTTON MARKET BECOMES STEADY
 sz Support from Wall Street Aids In the Advance WAR SCARE NOT YET OVER Accumulation of Cotton In the South Is To Be Feared as a Bearish Factor In Markets Future
 Developments.
WAR SCARE NOT YET OVER

New York, October 10.-The cotton mar ket steadied at an advance of 1 points in response to better cables, and after easing off to within point of last nights finals and scattering liquidation and southern selling, sold to 8 points net higher on support from Wall street and covering for over the weekend. Reports that near months here were on practically shipping parity with high grades in the south yesterday caused some selling in connection with the bearish weekend figures.
 The trade does not so much fear the possibility of actual war as it does the financial disturbance incident to such prospect. Even the change that has oc- cured in the political map seriously af fects the control of important French owned railroad properties, which in turn disturbs the monetary equilibrium of both Europe and America. War would mean the exportation of American wheat and the importation of American securities. Prolongation of the existing condition of affairs means the shipment of American gold abroad and the bringing home of Amerlcdn SeCurltleS. Hence II was that yesterdays developments were not satis- factory from cotton merchants point of view.
 Delay in the purchase of raw cotton supplies is now particularly to be regret ted since the accumulation of bales in the south is on a record breaking scale, because, in the absence of trade demand, there is no speculative buying power worthy the name.
 The market closed steady with prices 10 to 15 points higher.
 Receipts at the ports today 47,710 bales, against 4S,oS7 last week and 37SS1 last year. For the week 350,0OO bales against 34O,922 last week and 275,752 last year Todays receipts at New Orleans 6175 bales against 355S last year, and at Houston 12, ,442 bales, against 6S29 last year.
The Birmingham age-herald., 1908-10-11
London Stock Market.

London, October 10.-The stock exchange has been under the disturbing influence of the political upheaval from the near east, and presented a depressing and occasion ally demoralized appearance during the to check the downward course of prices, which, on the week, show decline of l point in Consols, from to 4 points in for eign bonds and a corresponding loss in Kaffir securities.
 Berlin and Paris started the selling movement among their specialties. Rus sian, Turkish and Bulgarian bonds were offered most, and as the week progressed. and with the political clouds thickening, local speculators hastily liquidated the large bull account, which recently had been built up and caused much nervous ness as to the outcome of the settlement next week. particularly in the Kaffir sec- tion. Late on Friday the more favorable advices from the Balkans caused re- covery from the lowest. Consols, which touched S334, rose 1k point and added another quarter today, while the other sections of the market closed cheerful with hardening tendency. The final rates were well above the lowest touched.
 American securities. as rule, resisted the prevailing depression and were com paratively, the bright spot early in the week. Although continental huses sold, New York absorbed the offerings well, and with local bears covering after each rally prices were we'll maintained until Friday, when the market yielded to de-
The Birmingham age-herald., 1908-10-11
Live Stock Market.

Chicago, October 10.-Cattle receipts es- timated about 700; market steady; steers, $4. 40QD7. 50; cows, $3 25Q5. 25; heifers, $Sg 4.25; bulls, $2. 5OQ4 50; calves, $S.5oqS .5o; stockers and feeders, s2.6o@4. 45.
 Hog receipts estimated about S0oO; mar ket steady to weak; choice heavy ship ping, St. .25QI6 45; butchers, $6. 2546.40; light mixed $5. .5O@6; choice light, s6.15q6 .25 packers, $5 90Q6. 25; pigs, $S.50Q6.7S; bulk of sales, $6@6.15.
 Sheep receipts estimated about at 1000; market for sheep strong; lambs weak; sheep, $4.50Q5; lambs, s4.75Q6.15; year. lings, S3.85@5.
 Kansas City, Mo-, October 10-Cattle re- ceipts 800, including 100 southerns; mar ket steady; receipts for the week. 96,5OO; choice export and dressed beef steers, $5. 75Qp7. 80; fair to good, $45oD5.75; western steers, $3. .40Ql5 stockers and feeders $2. 75 d450; southern steers $3Q4.10 southern cows, $2Q3.2O; native cows, $1.75Q42 20; na- tive heifers. s2.75G5; bulls, $2.25Q3.9o; calves. $3.boQe.7A
 Hog receipts, 5000; market Dc lower; re- ceipts for the week, S9,500 top, $40; bulk of sales. $5.75@8.25; heavies, $6.SOQ6. 40; packers and butchers, s6Q6.S5; lights, s5 60 @6.10; pigs, $3. 75GI5 .25.
 Sheep receipts for the week, 53,000; to- day none; market steady; lambs, s4.50Q6; ewes and yearlings, $3.75Q4 .25; western yearlings, $4Q4.50; western sheep, S3.508 4.25; stockers and feeders, $3 .25Q4.5O. St. Louis, October 10.-Cattle receipts. 1500, including 300 Texans; steady to a shade lower; beef steers, s2. T@7 40 stock CTS and feeders. g. .7594. .25 cows and heif- . CTS, S2.S5Q590; Texas steers, $275Q4. 95I COWS and heifers, $1. .7594.5O. Hog receipts, 4Ooo; steady to Dc lower; pigs and lights, $4.50@6; packers, s5.9OQ $40; butchers and best heavy, $6.10q6.50.
 Sheep receipts, 800; steady; natives, s3q 4.50; lambs, $SQ5.75
The Birmingham age-herald., 1908-10-11

the list. Suspicion points to the Rock Is- land crowd as the guilty person.
 Number of shares sold today, 232, ,162. against 636.185 a year ago.
 Par value of bonds sold today $1, ,102, GOO, against s1,279.O00 a year ago.
 A further decrease in the number of idle cars was reported today by the com mittee on car efficiency of the American Railway association in it's statement of September 30, which showed the number of empties to be 133,792 or 39,795 less than reported two weeks previous. Of this de- crease 16,075 are box cars and IT 095 coal and gondola cars.
 For September the production of gold at the Rand is officially announced as 587, 634 fine ounces valued at $249, ,112. This compares with the record outturn of 5S7,- SIS fine ounces in August and 53s,034 fine ounces produced during the same period of last year.
 No dividends have been declared in the stock of the Gulf and Ship Island Rail- road company since July. Decision as to continuance of dividends at the rate of four per cent annually will probably be deferred until the latter part of Jan- uary, 1909
 Abroad the markets showed improve ment and the belief is growing on both sides of the Atlantic that the great pow CTS will succeed in bringing about peaceful settlement of the complicated Balkans situation. Both Berlin and Paris were quiet, with prices up and London similarly reflected the increased confidence in the political prospects. Con- sols advanced as did Americans at Lon don.
 Arbitrage firms here were good early buyers
 United States government bonds re- mained unchanged. The general bond market was quiet and steady.
The Birmingham age-herald., 1908-10-11
Daily Cotton Movement.

Galveston: Quiet; middling, Sc; net re- cepts, 13,412 gross receipts, 13,412; sales, 2700; stock, 10S,040; continent, 5053; coast wise, 1156
 New Orleans: Firm; middling, 1s-16c; net receipts, 6175; gross receipts, 6175; sales, 1900; stock, S2,4S1; Great Britain, H. GOO; continent 4775; coastwise, TEA.
 Mobile: Steady middling, 11-16c; net receipts 2566; gross receipts, 2566; sales, 1900; stock, 32956; continent, 7550.
 Savannah: Firm; middling, 9-16o; net receipts 15,937 gross receipts, 15,937; sales, 5379; stock, 14S59S continent, 212l; coast wise, S3.
 Charleston: Middling, s1sc; net receipts. 1257; gross receipts, 1257; stock, 29,246.
 Wilmington: Quiet; mlddling, SEC: net ceipts, 1902; gross receipts, 1902; stock, 15,- 002 continent, 12, 170
 Norfolk: Steady; middling, S7sc; net re- cepts, 3449; gross receipts, 3449; sales, 133; stock, 17,710; coastwise, 5352.
 Baltimore: Nominal middling, Sc; stock, 2334.
 New York: Quiet; middling, 9.10c; gross receipts, 2931; stock, 59, ,709; continent, 700.
 Boston: Quiet middling. 9.10c; net re- ceipts, 5; gross receipts, 2230.
 Philadelphia: Quiet; midding, 9.35c stock, 97S; continent, 600.
 Pensacola: Net receipts, 100; gross re- ceipts, 100; continent 100
 Jacksonville Net receipts, g. gross re- ceipts, 9S; stock 9S.
 Brunswick: Stock, 742; continent S072
 Total today at all ports: Net 47,7O1 i; Great Britain, 4O00; continent, 4,141; stock, 4977Sl.
 Consolidated at all ports Net 47,701; i; Great Britain, 1000; continent, H,14
 Total since September l at all ports: Net 1,40S, ,654; Great Britain, 323 585; France BLESS; continent. 461,5s7; Japan. 500
The Birmingham age-herald., 1908-10-11
GALLOWAY COAL co. Miners and Shippers of Coal Office 1908 First National Bank
 Building
LEGAL NOTICES.
Bankrupt Sale.


 In the District Court of the United States, in and for the Southern District of Florida; in Bankruptcy. In re South ern Marble and Stone Company, Bank rupt
 Under and by virtue of an order grant, ed on the 30th day of September, A. D., 1908, by the Hon. w. A. Hallowes, Jr.. referee in bankruptcy in and for said district, the undersigned, as trustee of the estate of the afore named bankrupt, will put at public sale in Macon, Ga, at 10 o'clock, a. m., October 14th, 1908, the following articles belonging to the said bankrupt estate, to-wit: About fif- teen hundred cubic feet of marble; hoist ing engine; boilers, derrlcks, 49 air ham, mers, machinery. appliances, ropes, hose, trucks and miscellaneous stonecutters' tools, heretofore used by the Southern Marble and Stone Company in it's work on the United States postoffice and court house, in the city of Macon. Terms of sale, cash.
 For further information. and itemized list of articles to be sold, apply to w. P. Kelley, trustee. Jacksonville, Florida. until October 12th, ard after that date to said trustee at Hotel Lanier, Macon. Ga. where he will meet prospective pur- chasers and give further information.
 W. P. KELLEY, Trustee in Bankruptcy for Estate of Southern Marble and Stone Company.
 10-4-1ot
The Birmingham age-herald., 1908-10-11
Weekly Bank cIearlngs.

New York, October 10.-The statement of clearing house banks for the week shows that the banks hold $34, TOT. .225 more than the requirement of the 20 per cent reserve rule. This is a decrease of T,- 5S1 1925 in the proportionate cash reserve as compared with last week. The state- ment follows:
 Loans, s1,325, ,35S coo; increase, $12, ,227, 300. Deposits, $1, ,402, ,753, 100; increase. $5,ss1, TOO
 Circulation, s53,514,30 300; decrease, $242, 200.
 Legal tenders, $7S926.0 900; increase. $65s,- 700.
 Specie, $306, 469 800; decrease, $5.426.S0O.
 Reserve, $385, 1895, 300; decrease. $6,0s6.5Oo.
 Reserve required, s350, ,6SS,275; increase. $1, 495,4 ,425.
 Surplus, s34,707,225; decrease, S,5S1. 925.
 Excess United States deposits, $37, ,o1s, ,225; decrease, S7,574,675.
 The percentage of actual reserve of the clearing house banks at the close of business yesterday was 27 7.40
 The statement of bank and trust com panies of Greater New York not members of the clearing house, show that these institutions have aggregate deposits of H,- 063, 691 900; total cash on hand, 5000, All 700, and loans amounting to $961, ,6S7, 200.
The Birmingham age-herald., 1908-10-11
WHEAT MARKET
 IS STILL BULLISH Dry Weather Talk Causes the
 Price to Advance GOOD DEMAND FOR FLOUR Corn ls7eeneraIly Dull, But Prices Are Firm, Due to the Strength In
 wheat-oats Flrm-Pro-
 visions Weak.
GOOD DEMAND FOR FLOUR

Chicago, October 1O.-The local wheat market presented a strong front today owing to talk to the effect that the acre age in the southwest sown to wheat this season would probably be greatly reduced because of insufficient moisture. At ths close prices were 11Qssc to Mc above the previous close. Corn and oats were also firm but provisions were weak with the exception of October pork, which closed at an advance of 135@ls71a per barrel.
 Dry weather talk apparently supplant- ed the war scare" as a market factor in the wheat pit today and brought out an active general demand which resulted In strong market, the greater part of the day. The market opened easy with prices 1sQAe to 12c lower owing to an advance in the price of British consos and to moderate decline in the price of wheat at Liverpool. Before the end of the first half hour the market had re- covered on buying by some of the lead ing traders, who, 1t was said, were alarmed by the continued absence of rain in the winter wheat section.
 As trade progressed prices made addi- tional advances until December touched 10l% and May 1049sc, an advance of more than 1c from the low point The excel lent demand for flour in the northwest was important factor in sustaining prices at the higher level. The market closed strong and near the best mark for the day.
 Minneapolis, Duluth and Chicago re- ported receipts of 1057 cars against 1441 cars a week ago and 636 cars last year.
 The corn market was generally dull but a firm tone prevailed owing to the strength of wheat The market closed firm at about the best price of the day. Local receipts were 113 cars with 2S of contract grade.
 Extreme dullness prevailed in the oats pit but the market was firm in sym pathy with wheat and corn Buying of 100000 bushels of the December delivery by a cash concern was a feature of the trade. At the close prices were Ac lower to 1s0DAc higher.
 Local receipts were 213 cars.
 An advance of $1.65 per barrel in the price of October pork, which occurred within the last minute or two of trading was the feature of an otherwise dulf market in provisions. Brokers thought to be acting for leading local packer bid up the price from $13.65 to $1525 but no business attended the sensational ad- vance The market in general was weak owing to miscellaneous liquidation. oc- tober pork closed at $1525, the high point of the day The close in general was off 12 to 371he. Estimated receipts for Mon- day: Wheat 27 cars, corn 109 cars, oats PA cars, hogs 30,000 head.
 Leading futures ranged as follows:
The Birmingham age-herald., 1908-10-11
Workinu Toaether.

Anpleton's Magazine for october.
 You would not give up the giant To- comotive and go back to the stage coach. Why give up the giant corporation? Con trol it. Don't destroy it. This Is our policy We want to tell you why we believe you too should adopt this policy
 A corporation is a legal form of CO., operation. Whenever several of us wish to work together to accomplish given pur- pose, and have legal standing as a body we incorporate. Not all corporations are bad and trusts are not bad merely be- cause they are incorporated. Almost ev- cry church is incorporated and our char itable organizations are just as much corporations as the most hated trust.
The Birmingham age-herald., 1908-10-11

case, $s.o5. ,u1 mar In 7a. spaghetti, per 10. To; 1s lb packages. 50 | packages fo case, per case, yz.s
 Mack erel-No. 2. 100 count. s5.Se;, so. per gross, Globe. s5c; gross lots. Globe. s2.S5. A. monas Msnoo per sG case, s2.75; Palace Car. s2.7o; certified, s2.25; Loyus. s2.25.
 Mops-i4-oz. winner per . agzen' Soas. ;2;sg; to case, per case. s2.
 okra and TOmatoesT2-ib cans per Olive oil-Purs trench. dozen to
 oiives-No. 4: 1 dozen to case. per Oysters-Canned. -fb, full at. dozen | to case. pei tsozen. $l. .
 Pancake T1our.Blue Ribbon, 36-gs. 1 hour, 10-1O's, s3; Graham flour. 5-2o's. sS; cracked wheat, 24-Ts. s2.6o: seotoh ,l1o choice e9aporated S 5c iBs s to 5e1
 sugar-Granuated 5%o; \ G. 6hc; "VSsn Canned ed GoodssNpsr dazS"' okra and dard sib 'D 5;ns I si1O G' sip. sOe black | berries. standard, 95",
 Pepper-Graip iee; gr~"nd. zoe.
 WHte PFHheSPsa Pess%fsr t1'G busSel, sse 0is.as' ! Rlce-FulI head. 7c; Jap. ec; low srRsfi Raisins0PeF n z f f'G5 package. laho; per 20
 Peas@Fer bushel, Buckeyes. ss.25. poio. 4s2.1s fSory. small size. s4. iarss i S575;, Big Big nen Deal S1'ssS' Pay Day. si.ss;
 soda--Arm and Hammer brand. 6O-lb
 starch-Bulk. 4c per ID; celluloid.
 GInseng5m.Psr pound, sa.agda5o;S S.u,. | King, S5.40; second patent Sb.16.
 &aI nR
 FiourSFancy patents ss; Nellie King 'S MssisstPinstts ssGons Pats9e St4S sc bushel ssb l bags, $1.90.
 Sorrn-SKilns, ,drled: No. , 2 mixed. sd s7Hs: ass: white clip. roc; Texas. sSc:;
 Pure wheat heat bra brand; ton; s2s nr,m. s,s Corn chops, 80 pounds. $l.45:
 Born hearts i9S pounds, s1.5o.
 aulls@80ib. c. S.. ,1o.5O; 1oolb. c. B..
 HayGchoice Timothy. s22; No. |. Timothy, s1s: Johnson grass. sl4; clover. mixeo. SIS; choice green alfalfa.
 Fruits and Produce.
 Corrected daily by Douglas Bros) abbage-Virginia, per ID. 2c; o, | Onions-Yellow Danver, per ID, hc-
 Turnips-Rutabagas per ID, hc Irish Potatoes-Fancy Michigan stock, bushel, $1.1o; ., 1 s2 25.
 l Peach hes-California, per crate, s1 35. | PearS-Calfornia, per crate, $2 50. | Plums-California per crate, S2 s2 25 f l. Grapes-Tokay, per crate. $2 50. | Concord Grapes-Fancy Michigan | stock, 8-lb baskets, 27c.
 Concord Grages--Fancy Michigan stock, Alb baskets, 17c.
 Cantaloupes-Fancy Colorado Rocky 1 Ford. crate, s.
 Appies-Fancy New York stock. bar rel, s4.
 .Apples-Choice Virginia, per barrel. 1 $3.5 50.
 Limes-Per hundred. q.
 Pears-Cooking, per barrel. s3. | Lemons-Fancy imported. per box. | 366s. S5.
 Lemons-Choice. verdelli. s6os. box. s4.50.
 Bananas-Fancy, bunch, S1 to $1 50.
 Cranberries-Cape Cod. per box, s2.75.
 Celery-Colorado per crate, S4.
 Garlic-tancy imported, per ID, loo.
 Cheese-Fancy full cream per lb, 16c,
 Peanuts-Choice Virginia per ID. 61ac.
 51fc.
 Peas-california. blackeye. per lb. 51sc.
 Beans-Navy, per bushel, $325 l Beans-Red kidney, per lb, 5c.
 Beans-Lima, per ID, 6kc. l Eggs-Tennessee candled, per dozen. | 24c.
 Hens-Each, 800 35c. | Fryers-Each. 15Q 1850.
The Birmingham age-herald., 1908-10-11
Naval Stores.

Savannah, October 10.-Turpentine firm, S5c sales, 697; recipts, 570; shipments, 224o. Rosin firm; sales, 349S; receipts, 1898; ship ments 569S stock 12O,99O Quote: B. s2.5o; D, $2. .55; E. $2. 55q2 .571a; F, $2.6o@2 6212; G. S2. .65QD2. TO; H, S. .20Qc3.25; l, $3.50; K, s4.25; M, s5.75; VIC, s5 90; wv, $6.0.
 Wilmington, October 10-Spirits turpen- tine steady, 34c; receipts + casks. Rosin steady. nothing doing; receipts, 10S. Tar firm, $1 90; receipts, AT. Crude turpentlne firm, $1.0, $2 and $2.75; receipts, 80.
 Charleston, October 10. - Turpentine quiet 341a Resin quiet. Quote: A. B, c. s2.40; D, s2.45; F. s2.50; F, S.571s; G, $2. 60; H, $3. .15; I, S.4O K, $40; M, $4 40; x, so. 4J VIC, $5.70; wv, $5.sO
 New Orleans, October 10.-Receipts, l2f barrels rosn; 57 barrels turpentine; ex- ports. none.
The Birmingham age-herald., 1908-10-11
Auhhard Bros. 6 Co.'s Letter.

New York, October Iu.-(Special.)- Cables were more reassuring in regard to the prospects of strike settlement and predictions of colder weather in the Pan handle district of Texas, were the bullish features On them the local interest evened up for the week end advancing prices on the demand. The trade Is un- willing to assume any positive attitude, while foreign complications are possible and fluctuations may be expected to be of short duration and on either side of pre- sent prices so long as the uncertainty exists. No confidence in a permanent ad- vance is yet shown.
The Birmingham age-herald., 1908-10-11
New Orleans Cotton Market.

New Orleans, October 10.-Spot cotton firm; prices unchanged; middling 15-16c; sales on the spot were $50 bales and 1250 to arrive. Very little demand was in evil dence from any quarter, and the market received it's tone from the advancing ten dency of futures.
 Cotton futures opened quiet unchanged to 3 points up. Liverpool cables were favorable, and the weather news was bad the map showing frost in the western belt and much rain in the eastern belt. Shorts covered freely and put prices up on them selves. Little buying for long account was in evidence. More optimistic cable mes- sages concerning the political situation in Europe also helped the market.
 The market closed quiet and steady, with the active positions showing net advance of to II points,
The Birmingham age-herald., 1908-10-11
Manchester Cloth Market.

Manchester, October 10,-The stoppage
 of machaiery and the continued lock- out restricted business in the cloth mar ket during the week. Trading was of mar row dimensions and manufacturers as well as merchants took gloomy view as to the future. India and China pro vided only few small orders, whiie the near eastern trade was upset by the nolitical disturbances. Quotations were ir- regular, but generally irmer. Yarns showed an unchanged position on the week and small business transpired in American cops. Egyptian qualities sold at steady prices
The Birmingham age-herald., 1908-10-11
Both Lookina for Him.

From Everybodys Magazine
 The stranger advanced toward the door. Mrs. OToole stood in the doorway with rough stick in her left hand and a frown on her brow.
 Good morning." said the stranger po- litely. "I'm looking for MT. O'Toole."
 ''So'm l." said Mrs. O'Toole, shifting her club over to her other hand.
The Birmingham age-herald., 1908-10-11
Bad Luck.

From the November Delneator
 'Mother," said five-year-old Jack. ''how much older than you is father?"
 Just thirteen years,'' replied the un- suspecting parent.
 'Well, mother,'' seriously continued the child, "the next time you marry don't marry q man thirteen years older than you. Don't you know it's bad lck?'
The Birmingham age-herald., 1908-10-11
Her \'ersf on of It.

From Everybody's Magazine.
 The English spoken by the Penn sylvania Dutch," as the inhabitants of certain districts in the eastern part of the state are popularly known, affords some rare specimens of expression. man who was passing a small house on the outskirts of Sous Besselem" that Is the nearest possible spelling of the local pronunciation-heard the daughter of the family calling her brother in to supper. George" sho said. you come right in, now; pas on the table. and mas half et!"
The Birmingham age-herald., 1908-10-11
Dry Goods.

New York, October 1o.-The market Tor print cloths and convertibes is firmer and active sales of 600,0OO pieces having been made during the week. Other brown cottons are moving a little better Fine white goods of plain character are quiet, but there is an unified demand for some fancies, welts, piques, etc. Linens show distinct improvement Burlaps have been active for spot delivery, but forward business is light, The yobbing trade still keeps fairly steady.
The Birmingham age-herald., 1908-10-11
nort and innlnded 1sOo American. Receipts

port and included 1900 American. Receipts were 10 GOO bales. all American
 Futures opened steady and closed steady. October, 4.67d; October-Novemper' 4.571sd; November-December, 4.53d; De cember-Jauuary, 4.521kd; January-Fe ebru- ary, 4.52d; February March, 4.oS12a March-April, 4.5Sd; April-May, 4.6S1sd; May-June, 454d; June-July, 4.54d; July- August, 4. 53d.
The Birmingham age-herald., 1908-10-11
Liverpool Cotton Market.

Liverpool. October 1O.-Spot cotton dull; prices unchanged; American middling fair, 5.52d; good middling, 5.16d; middling. 4.96d; low middling, 4.72d; good ordinary, 4.12d; primary, SIP.
 The sales of the day were 2000 bales, of which 200 were for speculation and ex-
The Birmingham age-herald., 1908-10-11
Coffee Market.

New York, October 10.A(Special. )-The coffee market this morning opened steady at unchanged to points lower. The par tial decline was due to Nthe lack of buying support and indifferent cables.
 The market at Havre opened unchanged and finished A franc off. The market at Hamburg started unchanged to A pfenhg up and close A pfennig higher to A pfennig down.
 Prices at Santos were unchanged.
The Birmingham age-herald., 1908-10-11

pression on continental news Values then slumped points below parity, but picked up near the close and continued firmer today, making the leading stocks only 1 to points below the quotations of last Saturday. Canadian Pacific, however, was the weak spot on the list, with a 7-point decline. Erie closed the week points higher. The political situation and the commencement of the export of gold to Egypt caused discount rates to im- proYe to over per cent.