davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1909-10-07
DU POINT DENIES TRADE AGREEMENT
Tells His Side of Case in Federal Suit Against
Powder Concern.

Alfred l. du Pont was the principal witness yes
terday IN the government prosecution Of the f. l.
Pont de Nemours Powder Company under the
Sherman act He is head OF the black powder di-
vision OF so-called trust. At the conclusion of
the days testimony the case went over until Octo-
Der %
Mr.. du Pont said he was vice-prssdent and
director OF the company. He went with It in 1854
after his graduation from the Massa chusetts Insti-
tute Of Technology. The du Pont company was
acquired by him in 1902 and then his cousins T. c.
d. Pont and p 5. du Pont and ne organized the
present corporation
The witness said that when the corporation was
organized they tried TO cancel all trade agreements
and there none in existence to his knowledge
when the government brought suit. The last agree
ment was cancelled fn 1905, which. he believed,
the European agreement. This was done his
Initiative he said He didn't know how much 1t
cost his company TO cancel the agreements, but said
II was considerable. The Cross-eXamination did
not change the testimony.
other witnesses George L Rood powder
manufacturer OF Terre Haute, Ind. and Claude II.
Barrick in the lime business at Woodsborough, Nd.
New-York tribune., 1909-10-07
LIGHT AND POWER COMBINATION
New s15.0OOOOO Company Takes Over Plants
in Kansas and Oregon.

Tie consolidation Of a number Of important
light heat power. electric and gas companies Of
the West has been effected by the Electric Bond
ard share COMPANY. with which interests in the
General Electric Company are Identified. The new
.,,,7,rs,, which has been formed 10 take over
.tee, various concerns. is known the American
Power and Light COMPANY and viii have a cap
itsI stock OF sl5OO0,O00 OF which ;5.oo0,0O0 viii
he cumulative per cent preferred from October
I 1909. and sl0.0O0.o00 common stock Only half
Of the authorized preferred and @oSoV'ooo OF the
,r,rj7e5 common stock viii be issued at present
The company win commence business with
.asb working capital Of at least 100000 Among
the conpanies which have been acquired by the
new concern are the Home Light. Heat and Power
,.o,nnapv gf Pittsburg Kan; the United Gas Com
a,,,- and the Edison Light and Power Company,
Of wichita Kan. and the Astoria Electric Com
many. Of Astoria ore Negotiations are pending
II Is said for the acquisition OF several other i'm
Dortant Western properties.
New-York tribune., 1909-10-07
HEADS LAKE SUPERIOR CORPORATION
T. J. DrummOnd, of Montreal, Nsmed-Bor-
rowings Now Amount to Only $4,000

Philadelphia, Oct s.-T. J. Drummond, OF Mont
real was elected president OF the Lake Superior
Corporation by the board OF directors following the
annual meeting OF the stockholders held in Camden
to-day. Charles D. Warren who has held the place
since the reorganization OF the corporation more
than nve years ago, refused to accept renomina-
tion stating that he desired TO devote OF his
time to private investments
The corporation and its subsidiary companies are
now in excellent condition, he said. In the last
wear the government guaranteed loan has been en-
poration now amount only $4,000. against
100000 in the earlier days OF the reorganization" "
The other officers elected were J. TatnaH Lea
first vice-presdent; W. X WhiglRm London. sec
Ond vice president: J. Frater Taylor third vice
president: Thomas Gibson. Toronto secretary and
The old board Of directors reelected
New-York tribune., 1909-10-07
BOSTON BROKERS SURRENDER.
c. H. Rollins Charged with Larceny of Sl16,-
$50 in 12O Counts.

Boston. oct. G.-Charles II. Rollins. Of the firm
OF Freeman Rollins s Co. bankers. and former
member Of the Governors council, having resigned
-aoertlv surrendered to the police to-day and was
arrested on an indictment in connection with the
narl,rf1ptc, of Sederqust. Barry Co. Like the
,rtjc4r,ants on which Arthur B. Sederquist and
John E Barry. members OF the firm, were arrested
last Monday that against Rollins charges the lar
oery- Of sf15Is0 in one hundred and twenty counts
r2o5Ifns entered mo plea and furnished $4,000
bonds pending further proceedings Freeman RoI-
Tins & Co soon after Sederquist. Barry & Co.'S
.,.sv,a-,s,on went under a receiYership.
In connection with Sederquist, Barry & Co.'S
troubles also Harry r curtis. a broker. surren-
5erad to-day He entered no plea and fur
nisbed 500 oG0 bonds. Curtis was the organizer Of
both sederquist, Barry & Co and Freeman Rollins
p - b,t after short period dropped out Of both
,ra5itors Of Sederauist. Barry CO. requested the
authorities 10 investigate certain transactions be
+ueer Curtis ana the bankrupt firm.
New-York tribune., 1909-10-07
AQUEDUCT BOARD.
Patterson Dam Called Scheme to
Keep Themsin Office.

Alleging that the real reason for the propos.d
improvements was attempt OF the four auueduct
commissioners to prOlong their official iobs I
Hainpden Dougherty made extended argument
yesterday before Justice Bischon I'm support Of a
motion to continue preliminary injunction granted
to restrain the commissioners taking proceed
ings for the construction of the so-caed Patterson
dam and reservoir in the Croton Aqueduct region
opposed 10 the motion, and especially retained 10
represent John r. COwan, William H. Ten Eyck
John F. Windolph and John ]. Ryan. the four
commissioners appeared ex-Justce Morgan J.
o'Brien. Allied with counsel in the motion to con-
unue the injunction nearly a score of local
civic organizations, which had by resolution con-
demned the proposed Patterson reservoir as q use
less expenditure Of s3.5OOOOO OF the city's money
MI Dougherty said that not more than 1905. 900
gallons OF water day could be expected from the
betterment. which but a drop in the bucket
when 1t was recalled that 800. 900 600 gallons OF
water were needed daily in New York City Even
the Mayor had recommended that the Aqueduct
commission be abolished believing that such work
as remained 20 be done could be more effectively
accomplished by the Department of Water Supply
Gas and Electricity. Under an amended law the
commissions life extended until it's work was
completed, and IL was charged that II was because
OF that enactment that the commission desired
to continue betterments under its direction.
Ex-Justice O'Brien contended that the proposed
improvement was essential for the conservation of
the citys water supply, and that the delay in put
ting 1t through due to legal obsructons inter-
posed by the plaintiff. Fully three TO FIVE years
would be required to complete the water supply
from the Catsks as far Croton Lake. In the
Interim the proposed Patterson reservoir would
prove a valuable adjunct. Over a score OF tax
payers associations named by Mr. O'Brien as
having approved the Aqueduct Commissioners
plans
New-York tribune., 1909-10-07
SALE on CHANGE.
Std Common SIumps. G36yj0O
Shares Beng Dealt In

--.a1 states steel common stock suffered an
urs- bis slump YESTERDAY dropping 10 Sla, 2ss
points a-le- Tuesdays closing price and decline
q, e. points from its high record Of s4s, reached
o- Monday IT recovered nearly . points from the
ru -g--e in the late afternoon, closing at s91s,
-e loss % point for the day
The t-auSactions in the stock were the largest
.-r ars one day iu its history. totalng $500
shares representing value al present prices OF
ag.u. S6V5.pr0 This is believed 10 be the biggest
s--t day's dealings IN a tuu stock, with possibly
oas exception. Oh record. Reading. which is a
aaf stock vas traded iu on two occasions, Febru-
a-- d -S1- and February - 1899. 10 the extent OF
at7-1E.1.ate.y 100000 Cn each OF these days, but
q other stock has ever approac ached this record.
--a lezg est DAVIS transactions ia Steel common
-l- g-s-a-a. were 90 April 3D. 1901 when the total
amounted q. s,s 444 shares. Al that time the stocA
Vas just being distributed, and was selling be-
tween s ana g.
Steel common opened wide a. from S9s. TO s.,
down e. 90 81. points from the preceding days
..-s T. came ol- in enormous blocks. 200 to 300
Stare lots being common, and in tne first hour
re shares II the stock lad been
tllsl 3D. Hr.r fifteen minutes after the open
l.- -e stock --.e- heavy supporting orders. had
81. and E. lowered around that figure until
-.e -s-r afternoon when food Of selling orders
carried F.- large number 81 stop loss orders
being uncovered a1 the way down and materially
ASSISTING ta decline. The rest Of the market
followed s-es. downward. declines ranging from
moderate f-.--.r- -a points. on the whole, how
eyer -e ar issues did not suffer 70 any great
tEt-- and THE close nearly all the losses
- ta. .ae- sustained on tie downward move
ua. bad .a.r recovered
-.- Joined Uith tne other active issues
BRISK WAND movement that set ID during
ie -ss aH. w au THE gong sounded the end
'e session .al rallied around The opening
tE-a ~ morning
.af Steel common was The chief
la the Street. no one could be
give amy satisfactory explanation
-.e stock. The general opinion IN
.<-rl-a Offices appeared To ue. however. that
sE ...r aul-eI 10 death and that the re-
- under The lircuustances. The
Stock It was said also, had more
.1 amy possible dividend increase. and
thought IT time 10 sell out and
z t. .startlaI profits
Decline t.a steel shares, according 10 pro-
~ .. lra % amy weakening Of the situa-
..- -rreI industry itself is concerned.
iH this connection tat many OF
s@ nar'es lare sufficient orders on their
" Ee .aer plants in fun operation for sew
ta mrr' fn come
a a- s nited States steel Corporation IT.
ri. .t was said in well Informed
s ..a- f1e quarterly statement 10 be made
end of tlis month would show al in
r.-e 81. -5C0e tons in untitled business.
q IS fsrrafed that tire aet earnings for the
approximately +o6ooo00
New-York tribune., 1909-10-07
srcHISON ON OLD BASIS
n..l0res 3 Per Cent Semi-ARnual
Difidcnd-Cuylcr a Director.

,,-sc1ors of the Atchison. Topeka Santa
tr,-er company declared a semi-annual divi-
= ..,stsriay ~ 8 per cent on the common stock
al' g again ora a per cent basis, and elected
pace t',i,ler ~ Philadelphia. a director an6
- ~ the executive committee, as successor
r.. late Henry H. Rogers.
tsrt that Mr. Cgyler is a director of the
..l,an.a Railroad Company was taken bv
- street ss confr1nat0ry OF the many reports
81 .,,at company was acquiring a substantial in
-. In tre Atchisou but that inference was de-
49, ir excellent quarters 10 be without founda-
s,.scfsc denial given the rumor that IL
- -fs Pennsylvania which had bought the SO
-, a.rhison preferred stock formerly owned bv
y. 1-,isa Pacific. through the oregon Short Line
p s,i1 within the last year. Mr.. Cuyler il was
~ res he1u elected 20 the Atchison board be
- ~ tis experience and standing as man Of
s.-s -he same motive which governed the seIec-
- 81 1911 ~ Charles Steele. of J. p Morgan &
I. and also because of tie close friendship ex-
- between hin and President Ripley and
- OF the Atchison directors.
-fe relations between the PENNSYLVANIA and the
.-rbison have long been exceedingly friendly. and
i -ecsriad in The Street as a fair assumption
,.s+ tfe election ~ Nj CUyler TO the Atchson di-
-s-torate VII make FOR an even closer relation
81, and q larger interchange OF traffic between
~ two great systems Neither the Pennsylvania
psa-ssd Company nor the Pennsylvania Com
-srr. according 20 their latest annual reports is
,re holder ~ any Atchison stock. Air Cuyler IS a
s.sctor of various corporations I'm addition the
psnnsy.vani4 Railroad. among them the United
states MCrrs1Ie and Trust Company. OF this
~, the Inferat0ual Traction Company and the
r.g'taba Ilfe Assurance Society. and IS vice
r-es5su- al The Commercial Trust Company. Of
rf rfs5eIph.a ~ which several officers OF the Penn
.f,r.na are directors. The Equitable Life holds
rWW 10 Che Archison's preferred stock. and
,~mg others appearing large stockholders a
rr- ago were Henry e. Frick. director in both
,s Pennsylvania and the Atchison, who is also
,t largest individual sJockholder Of the Penusyl-
ysna Railroad. and who held S25SO0o0 Atchison
e1rm5n. Dutch syndicate, holding s9.s535o0 COM
~.r Kaar. Loeb a Co. holding s. .6S3. 400 COM
nu and &dSf12a preferred; Robert Fleming, Of
r.rdu Eu- =oH preferred and $4,000 common
.s Ra1s--d ds. of London. s.-l640O0 common and
lsf preferred, ana Barring Brothers, OF London.
--s- common and Si-142Gj preferred.
TIE A-Cas-1 paid per cent dividends from
~ % --- inclusive. AZ per cent in 1905 and 8
sr aea- % -a7 IN lsS the annual rate was re
.5sd -a rtg CENT In response TO the serious fall
1- ~ Be- earnings and that rate was maintained
- sarr.-aurlal declaration six months ago.
The restoration of the dividend 10 a per cent
basis has Hesu generally expected. as earnings have
5ssr Increasing rapidly of late. and the announce
-.-r Cf --= directors action yesterday had little
uz-se- -sa-- The dividend is payable on Decem-
New-York tribune., 1909-10-07
BANKS WILL RESIST ASSESSMENT
Result of Oklahoma Failure-Suits Against
Columbia Bank Withdrawn.

Enid Okla Oct 6-Interviews with local bank
eias to-day indicate that Ends i've state banks
viii resist an assessment OF p Of per cent on
average deposits TO replensh the guarantee fund
row being used 10 re-establish the Columbia Bank
and Trust Company, OF Oklahoma City. Notice
Of the assessment was received to-day
on motion OF attorneys representing the Ma
tioral Life Insurance Company, OF Chicago, and
W smith. Of Missouri the Injunction suits
against A NJ Young. State Bank Commissioner,
and the state Banking Board brought 10 prevent
the preferential payment Of depositors OF the Co
1ur,9ia Bank and demanding the appointment OF a
receiver were dismissed by Federal Judge Cot
teraI ar LaWton to-day. By request also OF the
nlainrin the Information asking that the State
Banking Board be cited appear for contempt
OF the temporary restraining order issued last
saturday was withdrawn.
New-York tribune., 1909-10-07
ZIG MICHIGAN POWER co. SUED.
sac #o1-d Gust Il from Operation Of Three
Large Dams

ir.. oet s.-Proceed.res have been
'@ supreme court 10 take from tine
- fiaE .ae--i uszegon Power Company, organ
ef aHs ~ Maine the franchise which
-". t.e construction and operation of
~ 'eHer cams along the AIuskegon River in
County i Is alleged that the corpora
iea ~ comply with tine terms Of its
~ -.- company has completed and is oper-
~, .h' dam aut. it IS alleged. has never started
ls- '-.n other tro. The Board Of Supervisors
r@ declared The grant forfeited
~. sla'6 Railway Commission received notice
t company to-day asking tile commission
|.3.- proposed issue n So 600 900 gold
49, it" eampauE proposes under trust mort
=. market tfeEe bonds from time 10 time TO
+s-Ht ~ - IeI cent of tie actual invest
- d Developing the property
e-s haIaf. president of the company IN
IL. -' -i--aeFon to-day. said that The com
r si z.4 t.aat it had lost tl- right 10 build
-.9 aaa-. but would vigorously defend
'' operate t1s dam al Rogers Tie com
r.tr --s iipLl '- 1'tA 7iA'- ~ the
New-York tribune., 1909-10-07
TO RESTRICT COTTON PRODUCTION.
spinners Foresee Large Supplies, Despite
Poor American Crop.

Frankfort Germany Oct 6-The International
Conference Of Cotton spinners, in which both the
United States and Great Britain strongly repre-
serted adopted to-day the following resolution:
Whereas, All the European spinners have ex-
pressed the opinion that the large visible and IN
visible supplies of cotton together with the pro
spective favorable East Indian and Egyptian crops,
viii suffice 70 the requirements notwithstand-
ing tie dnfavorable American outlook; therefore
IT is urgently recommended, in view of the un-
usually high price Of cotton and the unremuneratve
selling prices Of goods that the existing restrictions
must be maintained and extended as far as pos
sfble"
New-York tribune., 1909-10-07
Delay in Court s Decision on Appeal Will Not
Necessarily Be Long.

Charles w Morse's pail bond for sl250OO
signed yesterday by the men who signed the
first bond. He is now out on bail until the United
States Circuit Court Of Appeals renders decision
on his appeal against the Jail sentence. It
pected that the court would decide the appeal by
the second Monday of this month and the first bond
was made to expire the Saturday before.
1t was believed that the permission for an exten-
sion Of time foreshadowed long delay in the de-
cisien But it was said yesterday that this would
not necessarily be although there might be
lapse OF time greater than at first supposed.
Richard M. Martin. referee. has decided that
the claim Of Frederick B. Case the surplus from
the foreclosure sale the property OF Charles W.
Morse, at Nos. TO 10 Fifth avenue, is first
lien The surplus. amounting to 37ss4e, is awarded
TO Case The referee allowed a judgment of ga
525 against Morse held by Montrose W. Houck a
second lien and the claim OF Bayard L Peck OF
S25,431 a third lien.
New-York tribune., 1909-10-07
COOL TOWARD TURKISH LOAN.

Rustem Bey. Acting Ambassador to the United
States from Turkey, and representatives Of that
government who are endesvoring to interest
bankers here in the proposed Turkish loan
OF approximately s31 100000. gave luncheon at
the Railroad Club yesterday TO a number Of wall
Street bankers The question OF placing part OF
the loan in this country discussed, but II is
understood the proposition did not meet with gen
eral favor among the bankers present.
New-York tribune., 1909-10-07
PUBLIC NOTICES.

OFFICE OF THE DEPARTMENT OF
PARKS, Arsenal Building Fifth avenue
and sixty-f0urth street Borough OF Man
haitian. the City OF New York
SEALED BIDS OR ESTIMATES will
be received by the Park Board at the above
ONCE Of the Department OF Parks until 3
o'clock 2. m on
THURSDAY OCTOBER Of. 1909.
Borough OF Manhattan.
FOR WORK AND MATERIAL. FOR
THE INSTALLATION OF ELECTRIC
NIGHT AND POWER PLANT IN THE
NEW YORK PUBLIC LIBRARY, ASTOR.
LEMON AND TILDEN FOUNDATIONS.
FIFTH AVENUE. FORTIETH AND
FORTY-SECOND STREETS.
The security required will be Forty
Thousand Dollars $40 UOO)
The time allowed for doing and com
pIeting the work In this contract viii be
one year after notice to begin work al
the building mas been given by the Com
missioner
The bids will be compared and the con-
Plans may be seen and blank forms may
OF Parks Arsenal Central PARK New York
city, and also at the Office Of the Arch
tects, Carrere & Hastings. New YoE1 Public
Library Building. Manhattan.
HENRY SMITH. President;
JOSEPH L BERRY,
MICHAEL J. KENNEDY.
Commissioners OF Parks.
Dated October l, 1909.
New-York tribune., 1909-10-07
lRoN AND STEEL BONDS.

Furnished by Chisholm Chapman. No IS Wall street.
Bid. Asked
Bethlehem Steel ss- due Jan l. 1926 50
do purchase money "a. due Aug lssS. .lITLs
HuRals iron 60 s. due Oct 1925 ....--.... S5 leo
Bun 3 susq Iron co lst s. June. 1892 .....-. bBsa
% deb Jan. lS26. ...-...---.-.... 80
dominion 4 Steel CO 5s, due July, 1873 81 ~
4 Belle Iron Works lst s. due Dsc 1923 t04i4
i.THand .sts Steel 90 Isl S. due FEB 1922 i03 l0s
ls-rg steel lst SIS due Nov. 1917 l03 lU3
penn a Md 60 due sept 1926. Il0G
lteuubiic steel lst 5s due Oct lA34 lOl Z lO2
Gi,ss fruu & ; Co Feb 1921. iO1 lO8
40 conso 4is. due April. 1918 - s0iz
-Laughn steel Co due MAY 1889 i0i = 1928
UNITED STATES STEEL CORPORATION
cola, trust 5s Series A. e. f. due Apr 105t.1t4& lt5t=
3 n n = due Aprii 1851 ....-......-.. .tlAA liSis
1,tn- t,nd $ due Arri 1865 1854 in5a
I!op steel q, Isl - due Dee. 1882 lo5'l l5 q
,q.trfen a0S n ... l'si
~ Clair Furnace ist rs due 1910 80. .--.t---l, l,n
81 ,Tsir steel 10 lst 5s, due ltHH y e------- lA
ut,os serl 60 deb IS due jan 1910 -.-..- lVVnn -
AZ - due Arrli J. 1913 .lVSs IVvA
Al bonds quoted and interest"
New-York tribune., 1909-10-07
p,srILLgRs DROP RAIsN WINE FIGHT

Chicago. Oct. 6.-After an agreement to-day
between-the government officials and representa-
tves OF the distilng interests, the bill Of H. n.
Shufeldt g. Co. praying an Injunction against the
collection OF a revenue tax the manufacture
Of raisin wine, dismissed by Judge Kohlsaat.
The internal revenue officials. against whom
temporary injunction had been issued, were as
sured the large distilers would work In harmony
-ifb ham
New-York tribune., 1909-10-07

East 10th Street
The approximate amount af the lien or
charge. TO satisfy which the abOve-de-
scribed property is 10 bs s0ld ls seven
thousand eight hundred and sixty dollars
(SIs60l, with interest thereon from the 2ath
day OF September. 1908. together with costs
ana allowance amounting to S393 - with
interest from Oct ID 1903. together with
the expenses or The sale. The Approximate
amount Of the taxes. assessments ana water
rates, OF other liens. which are 70 be al
lowed to the purchaser out or the purchase
money. or paid by the Referee. is sIG4s So
and interest. said premises will be rDfi
subject to a first mortgage OF sd6 O0t with
interest thereon from May lat 1909 ana
subject 10 any state oe facts that an ac-
CITate survey may show.
Dated. New York. Oct. eth. 1900
JACOB : STRAHL., Referee
New-York tribune., 1909-10-07
FORECLOSURE SALES.


SUPREME COURT. County OF New York
Frederick LAtner and another Plain
tin. against Joseph Liebling ct al De-
rendant.-ln pursuance OF judgment %
foreclosure and sale, duly made and entered
IN the aOove-entitled action a1d bearing
date the 2d day Of October. 1909, l. the
undersigned. the Referee in said Judgment
Exchange Salesroonl Nos I4-16 Vesey
Street, in the Borough OF Manhattan CITY
OF New ork. on the 29th day OF October
1902. at Il O'Clock noon on that day BY
Joseph P Day, AuCtioneer. the premises
directed by said Judgment 20 be sold and
therein described as Follows:
All that certain lot piece or parcel OF
land. with the building and Improvements
thereon erected. situate, lying and being in
the Borough OF Manhattan, City OF New
York, bounded and described as follows.
Beginning at a point CT the NOrtheriy side
OF f2Oth Street distant one hundred ana
fifty tlJOl feet Westerly from the North
westerly corner Of 10th Street and First
Avenue; running thence NortherIy parallel
with First Avenue one hundred tfGOj feet
eleven I'D inches 70 the center line OF ~.
block; thence Westerly along the said cen
ter line OF the block thirty seven CSTl feet
six 90 inches; thence SOutherly again paraI-
lei with First Avenue and part OF the dis
tance through a party wall one hundred
O0ol feet eleven tlll inches to the North
erly side OF 10th Street: thence Easterlv
along the Northerly side Of 10th Street
thirty-seveu (3D feet six 81 inches 10 the
point or place OF beginning
Dated New York. Oct 6th 1909
JACOB S. STRAHIA Rs-erss
MARTIN II. LATNER. ATTORNEY for Piafr
tih- 400 Fulton street Borough o.
Brooklyn. New York city.
The following is a diagram OF the prou-
eTty 70 be sold; its street Number is 345
East 10th Street:
New-York tribune., 1909-10-07
3. g. NJ. STOCK TRANSFERRED.

Boston. oct. s-Actuai physical delivery the
Boston holding company OF the 9.94s shares OF
Boston & Maine Railroad stock. purchased in 1907
by the Nerv York. New Haven Hartford Rail-
road and later transferred to John l. Billiard OF
Meriden, Conn. took place to-day. The price paid
was $40 a share The holding company was
created by the last Massachusetts Legislature 20
take over the bonds a safeguard, II said. TO
Massachusetts business interests.
New-York tribune., 1909-10-07
FOR SALE.

BILLIARDS. pool and new patent cumbina-
tion tables. lowest prices. supplies re-
pairs. bowling alley builders. peckers g. 1O5
East 9Th st Est 1880
New-York tribune., 1909-10-07
"-9skEY DROPS TWO CENTS.

isrs Jrt Announcement WAS mace
4 49,. ~ reduction of tVo cents q gallon
-, usss price ot phlssey The decline which
q g., ~ 30 10 Z -. l= due q The drop ~ the price