davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
RAILROADS PAY
FIFTH OF TAXES

Montgomery June 11.-(Special.) -Of the
total property valuation of about s50o00o.-
900 in Alabama this year, the railroads
have, in round figures. s95,o0o,o0o. In other
words, more than one-ffth of the total
taxes of the state will be paid by the rail-
lines for the year. The exact figures OF
railroad valuations, made up by VIII
Lloyd, secretary of the tax commission,
are $94,710, 453 The total of all in tho
year 1909 was s493, 799, 702. The total intan-,
gible assessment against the roads of the
state this year is So. 94s, 2Se, an increase Of
50, 800 over the year before .
The tax levy on rail lines is made ~
these items: Depots, shops, sectic
houses reai estate and personal proper
roadbed, rolling stock and franchises.
first group is assessed by the county
officers, the second by the state boarf
assessment and the third by the tax &C
mission. The franchises cover all tn
things of value that are not reached
the tangible holdings, and is law pas &
in the early part of 1907, as an adm
istration measure.
By roads, the total assessment this We.
is Louisville and Nashville, $40, 21S,sl
Atlanta, Birmingham and Atlantic, $1,61t
s74; Alabama Great Southern, $685. 2t
Atlantic Coast Line, s4,4333ss; Alabams
and Mississippi, s60bOo; Atlanta and Br-
'mngham Air Line. 81, $50; Birmingham
Belt. $4,000; Canton. Aberdeen and Nash
vile, Sl16,917; Illinois Central, sS41.718;
Montgomery Belt. $4,000; Central OF
Georgia, 50, 1884 Ensley Southern, $345.-
700: Frisco, $3.50. 642; Mobile and Ohio, So
454. 654; Nashville, Chattanooga and st.
Louis, 50, 1885, Northern Alabama, s2,0S7y-
$40; Oakgrove and Georgetown, $56,Sl6;
Seaboard, $1,OS9,9s0; Southern, $1s05e, 75S;
Tuskegee, $4,000; Tallassee and Montgom-
cry, ss1, $50; Western of Alabama, 1924
105; Woodstock and Blocton, sl36,15ot
Union Springs and Northern, $49652; South
and North of Alabama sS,940,1 05.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12

alongside the conservation of the means
of living, and in both we shall look to the
permanent welfare of the plain people as
the supreme end. The way out lies in di-
rect interest of the people in their own
affairs and dirct action in the few great
things that really count.
What is the conclusion of the whole
matter? The special interests must be put
out of politics.. / believe the young men
will do it,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
kirby-Lceschel

Decatur, June Special. Miss
Annie B. Loeschel of New Decatur and
Edward f. Kirby of Kentucky We're
quietly married yesterday afternoon at
the parsonage of the German Lutheran
church in New Decatur by the pastor
of that church. Immediately after the
wedding Mr.. and Mrs. Kirby left for
Kentucky to make their home, where
Mr.. Kirby is employed by the Louisville
and Nashville railroad.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
P|NCHOT SPEAKS TO
ROOSEVELT CLUB
Former Forester With Garfield
Is a Guest at st. Paul
ISSUE
CONSERVATION
Preservation of the Resources of the
Country Is Keynote of the Speeches
at the Banquet aud Mnny
Addresses Are Made

ST. Paul Mimi, June 11-Following an
| informal reception to Clifford Pinchot ana
James R. Garfield here this afternoon
| about 500 members and friends of the st.
Paul Roosevelt club filled the large ban
ouet room of the Ryan hotel, thus full
filing a long deferred tribute to Messrs.
Pinchot and Garfield, In recognition OF
their work in assisting former Presl-
dent Roosevelt In his efforts for conserv-
alton of the public domain, leaders said
Among those seated at the speakers
table were Governor Eberhard, Mayor
Keller, President Hugh T. Halbert of the
Roosevelt club and several Yale alumni
friends of Mr.. Pinchot.
Justice e. A. Jaggard of the Mime
sofa supreme court was toastmaster. In
Producing Judge Jaggard, President hal
bert awakened the enthusiasm of the
banoueters by a reference to an I'M
named new party as some of the lead
ers OF which" were present
This country has lived on It's capital.
said President Halbert but at last mas
awakened to the fact that 1t will soon
exhaust its natural resources by the IN
iouitous and inequitable distribution OF
its wealth in direct violation of the law
of equal opportunity Of Its citizens. This
condition has brought about the forma-
ton Of a new party without name, but
not without an ISSUE nor without
leaders.
THAT party has two wings, composed
of those called conservatives and those
called progressives." continued the speak
Ell, but the real division Is composed
of those who favor the rights of the
people as aginst those who favor a
monopoly of the benefits of the public
domain. That party may be unnamed,
but its leaders are Theodore Roosevelt
and our honored guests Clifford Pinchot
and James r. Garfield"
Governor Eherhard was the first speak
e. and his topic was the state and Con-
servation."
Mayor Keller spoke on THE City and
Conservation
Mr.. Garfield talked on 1.-The Ultimate
Results of Conservation and the set ad-
dress of the evening was that made by
Mr.. Pinchot who spoke on Our Natural
Resources and How to Conserve Them"
Mr.. Pinchot said:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
u,cr,bees Elect Officers

Decatur, June 11.-0speciai' )-Ihe
Maccahees of New Decatur, Twin City
tent No. 9, have just elected the iollo"-
ing officers for the ensuing term: Past
commander. r. A. Morley; commander,
DR.. ]. w. Crow; lieutenant commander
d. McJilton record keeper, H w. Vol
ger; master at arms, d. r. Ramsey,
chaplain, J. a. Wales; sergeant, FL. A.
Moore; trustees. ]. w. Crow, II. w. Vol
ger and r H Ellis.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
Rogers-sherrod

Florence. June ESPECIALLY Ellie
Irvine Sherrod has announced the apt
preaching marriage of her daughter, Vir7
ginia, to Mr.. Benjamin Armstead Rog--
ers, the wedding to take place Wednes-
day, July 6. at noon. at the First Pres
byterian church In Florence.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12

Trscumbia, June n.-(Special)-Dr. A.
J. Dickinson of Birmingham, DR.. A. p.
Montague of Howard college and Dr..
Crumpton were the speakers at the three
sessions of the Baptist institute held to-
day in the First Baptist church of Tus-
cumba. The institute began Friday and
will continue through tomorrow.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
CouweII-ThoeIe

Florence, June 11.-(Special. Mrs
Henry Thoele has announced the engage
ment and approaching marriage of her
daughter, Annie. to Mr. William Noel
Conwell of Sheffield on Wednesday, June
20. The wedding will take place at the
family residence at in the evening.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12


called another physician. Still he grew
worse. At the end of about year and
a half of suffering he grew 30 bad that
/ had to tie his hands in cloths at night
10 keep him from scratching the sores
and tearing the flesh. He got to be
q mere skeleton, and was hardly able
to walk.
my aunt advised me to try Cuticura
SOAP and Cuticura Ointment. so great
was her faith in them that she gave me
n small piece Of the Soap to try and
n little Of the Ointment. / took them
home without any faith, but to please
her tried it and it seemed to dry up
the sores q little. l sent to drug store,
and got O cake of Cuticura soap ana
q box Of the Ointment and followed
directions. At the end OF two months
the sores were all well. de has never
had any sores Of any kind since. he
is now strong and healthy, and can
sincerely say that only Tor the most
wonderful Cuticura Remedies my pre-
cious child would have died from those
terrible sores. I used only one CAKE OF
Cuticura Soap and about three boxes
II am nurse and my profession
brings me into many different fanlilea
and Il is always pleasure Tor me 70 lep
INV story and recommend Cutlcura ITEM
edies. Mrs. Egbert Sheldon, X. Z -. l.
Litchfseld, Conn.,, Oct. 20, 1907.
romp,ete External and Internal Treatment Ior
Every Hurnor OF Infants Children ana A9S.'s sim
ss Of cp ,nssn 9 soe 20 Aea Skin AMI
eurs Resolvent t5oc !or n the form =, ~ ioon
Coated Pills use per vial Of 6qrt9 PUTTY '1c chem
fos sols Props i$s Bossqp Mss:
" Nailed Free cuticua Book on sfn pseAsss
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12

SOAAAO otAS
face. I had a ply
sician treat him,
but the cores grew
worse. Then they
began to come on
his arms, then on
other parts Of his
body, and then one
came on his chest,
worse tn an tn o
atbarQ Then
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12

The whole nation Is In favor OF pro-
tectinr the coal and other natural re-
sources in Alaska. yet the withdrawal
bill. under the circumstances the one
conservation bill most needed Tor the
nurpose. Is sim in danger. And as
| for the general conservation movement,
Congress not only refused to help 1t
on, but tried to forbid any progress
without Its help. Fortunately for us
all. in this attempt 1t has utterly failed.
This loss of confidence in Congress
' Is . matter for deep concern to sy-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-12
BABY WASTED TO
A MERE SKELETON
With Terrible Eruptions = Grew
Worse in Spiteof Doctors Would
Scratch and Tear Flesh Unless
Hands we're Tied = Mother Says
He WOULD HAVE DIED
BUT FOR CUTlCURA

my little son, when about a year
and a half old. began to have sores
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11

drunkenness, he was one of the
worst drunkards 1 ever knew and
probably the worst in the city. He
had neglected his family, was a
wreck physically and mentally and
seemed to be beyond any earthly
help. He was treated for three days
under my observation at the Attain
tic hospital by DR.. B. E. Neal and
at the end of that time he was dis
charged and to every appearance per-
fectly cured.
The results of the treatment in
his case is truly marvellous. This
treatment took place in the early
part of January and l have seen this
man frequently since and have made
frequent inquiries about him. He is
wonderfully changed and improved
mentally and physically. Immediate
Iy after his treatment he took up
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11
INSTITUTE OR HOME TREATMENT IS GIVEN
Hon. S. w. w. Straight.
Mayor of Atlantic. Iowa.

honorable employment and is today
working and supporting his family.
I personally know Of three other
very similar cases that we're treated
at the same time and so far as / can
learn the results are substantially
the same. Senator Bruce is one Of
our most prominent and leading cit
liens, has resided in this county for
% years-is a man OF remarkable
business ability. He stands above
reproach and has SHOWN good 1udg-
ment in associating himself with said
company. ! have no hesitation in
giving this treatment and Senator
Bruce as we'll my unqualified recem-
mendation TO all my brother officers
and those who may be interested.
S. w. w. STRAIGHT.
Mayor.
Atlantic Iowa. 1870.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11
To whom 1t May Concern:


Soon after it was publicly an
nounced in this city that Hon. ]. E.
Bruce had associated himself with
the Neal Institutes company of the
United states. he advertised that for
the purpose of giving the people of
this city and county where he has
lived something over 2S years, a
practical demonstration of the Neal
treatment and cure that he would
bring DR.. Neal to the Atlantic hos
pital for the purpose of treating any
persons afflicted with the drink habit
who might make application. He
publicly stated that he would be glad
to receive some of the worst cases
that might be picked up in the coun-
ty. had a man that had sentenced
to jail a number of times from
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11
Public Notice.

The hairdressing parlors of the
late Miss Hattie Tolliver win be con-
tinued by her sister, Mrs. George
Hilbring. All outstanding bills can
be paid and collected at the same adj
dress, 1871 Second avenue.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11

LOCAL MARKET CONDITIONS.
Fresh Eggs-21c.
Live Poultry-Hens, per pound, 15c.
Butter--Dairy, Csc; creamery. csc.
Potatoes-30c.
Lard--15c.
Feed and Fuel.
Grain-Corn, roc; oats, 47c.
Forage-T Timothy hay, $17; wild hay,
S14; straw, So.
Coal--Lump, per bushel, 15c; slack,
SC.
Wood-$4.50 per load
Sales on Market square during the
past "a hours up till noon today were
as follows:
Hay-Three loads at SIS to SIT.
Corn-One load at zoe.
All the news all the tim s-The Argus.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11
Today in the Markets
Chicago, May 11.-Following are the
quotations on the market today:
WIS a.

Chicago, May 11.-Following are the
quotations on the market today:
Whe5t-
May, 114I4, 1929, III, 112
July, 1929, 1887. 1929. 1885.
September, 10css. 1915, 10OA. 101.
Cora
May, 61M, 61H, CHS, 613s.
July. G2%4, G2Is, G23s, G25s.
September, CSC, 635s; 634s, 631a.
Oats.
May, 1926, 4224, 1925, 421a
July. 4O3s, 407s. 4Oss, 40a4
September, 3S7s, 1895, 3S34. 1913.
Pork
May, 22.42. 22.45, 22.40. 22.40
July, 22.57. 22G5, 22.45. 22.55.
September, 22.GO 2270, 22.47, 22.57.
May, 1906, 1906, 1895, 1900.
July, 1867, 1915, 1862. 1865
September, 1857, 1856, 1850, 1852.
Ribs.
May, 1857, 1910, 1857, 1860.
July, 1885, 1886, 1910, 1912.
September, 1915, 1916, 1886. 1897.
iNStSiptS AOucy W meat, Il, OdlS, o. >
oats. 124; hogs, 1900; cattle, 1900;
sheep, $4,000.
Estimated receipts Thursday
Wheat, s; corn, 61; oats, 1924; hogs,
$4,000.
Hog market opened cents higher.
Hogs left over, 1920. Light, $4,000
80; mixed and butchers, $940Q9.75;
good heavy, S9.35@95 81; rough heavy,
1895 $3.50.
Cattle market opened steady.
Sheep market opened steady.
Omaha-Hogs, $500; cattle. 5000.
Kansas City-Hogs, 10000; cattle,
1000.
Hog market closed weak. Bulk
sales, $9.550965; mixed and butchers,
50. S5@9.7O; light. s9.3509,65; good
heavy, $9.3509.67; rough heavy, 1885
Q9.45.
Cattle market closed 10 cents lower.
Sheep market closed 10 and 10 cents
lower.
Northwestern receipts:
Minneapolis-To Today. II; last week,
II; last year, los.
Duluth To-day, -; last week. II;
last year, 119.
Liverpool opening cables-W Wheat Is
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11

Atlantic. Iowa. 3-3l1O.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11


Superintendent II. B. Hayden filed
his monthly report on attendance,
showing the total number of pupils
enrolled in the schools as follows:
High 539; Hawthorne. COZ; Washing
ton, 147; Kemble. 226; Lincoln, 493;
Eugene Field. 325; Irving, AGO. Long
fellow, 429; Horace Mann, 406; Grant,
III; total, 3,744.
At the close of the month there were
3.0S3 children belonging, not includ-
ing 435 pupils temporarily dropped
from membership on account of sick
ness and other reasons. The average
number belonging was 3,136.025, and
the average daily attendance was
2 ,950075. The percentage of attend
ance based on the number belonging
was "a 061 per cent. There were 1881
pupils neither absent nor tardy during
the month; there were 3,719 days of
absence and 90 cases of hardness.
The percentage of punctuality. which
IS based on the total attendance for
the month, was 99.916 per cent. TWEEN
ty cases of truancy were reported. all
of which were looked up by the truant
oficeS ard p=lpils returned to school.
The total number of days of attend
ance of all pupils was 59,0011s. and
the total number of days of member
ship of all pupils was 62,7201z.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11

lower, corn unchanged.
Liverpool closing-Wheat 12s to IL
lower, corn unchanged.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-05-11
New York Stocks.

New York, May 11-Following are
the quotations on the market today:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
COTTON MARKETS.

New York, March l5.-The cotton market
was very nervous to-day, large blocks of
May imPartins an almost sensational tone
TO the carly trading. Later business was
less active and the close was steady, net
5 points lower to . points higher, new
crop months being relatively steady. Ihe
opening was firm at an advance OF 4gi2
points, which carried active months into
new high ground for the moy ement, with
May selling at lho3 and October at 1897
on the strong showing OF the cables and
covering. Realizing sent prices OFF few
points right after the call. and at ls.9s for
May prominent broker offered 10000 bales.
This was quickly taken by one OF the Now
Orleans bull leaders, who followed UP the
purchase by buying two other lots OF TO-
900 bales each In quick succession at 1897
and lt.ss. and who then bid l4.o5 for 10000
bales moro. Meanwhile large business
was transacted in July. ana 1t was esti-
mated that during the first hour tho New
Orleans bulls took at least $1,000 bales for
May and July delivery While these pur-
dencc and power of the bull clique local
professionals thought 1t possible that buy
Ing power had been pretty we'll filled up.
and the market during the m!ddle$of the
day cascd off to a loss OF about 9Qpl6 point 3
met under pressure and scattered realizing.
May declined to 1i.S2 and October to lo.77
or about e0R2l points from the high level
gof the morning, but rumors OF rain in Tex
as we're not conf rrnsd, and there was a
partial recovery later on reports of a re-
sviyal IN tho export demand for cotton
goods. claims Of arm interior spot markets
covering and continued bull support.
Southern spot markets officially reported
were &c. lower TO hc. higher. Tho CONT
mont was sald to be buying new crops in
liverpool. Private wires quoted the Hous-
ton Weather Bureau as forecasting unset
tied weather for Texas and Oklahoma dur
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
NEW YORK PRODUCE MAI. .Er. 3

New York. March 15-Fiour-Stcady with
small jobbing trade. Rye Flour. Corn.
meal and Ryc-steady whea,-Easy: No.
2 red. sl.e7,s nominal. elevator. domestic.
and nominal (. o. b. afloat. Options closed
"a 5p1kc. net decline May. SL2Sa: July.
sLl5i:; September. sllih. Corn-Easy;
steamer 6GAc., and No T. SIC. elevator.
export basis. Options closed &c. net lower
May, 74ssc.; July. 75hc.; September. 15ssc
Oats-Easy; mixed. nominal. Options clos
ed &c. net lower. May. 51ltc.
Beef-Firm. Lard. Tallow Petroleum.
Rosin. Turpentine and Rice-All steady.
N olasses-Quiet. sugar-Raw. firm: REIN
ed. steady. conee-Dull: futures closed
net points higher. Spot. quiet; Santos,
No. l. &c: mild. quiet: cordova, 9ia q
l2hc. Butter and Checse-Firm and un :
changed. Eg gs-Easy: State. Pennsylvania
and nearby hennery. white. fancy, ga Csc. /;
do, gathered. white, 25dp27c.; do, hennery.
brown and mixed. fancy. 25h @2ec.: do.
gathered. fair to prime, 2ils @ &c. Potatoes
Steady; Maine. bulk. per $50 pounds, $l.oo9
1.6c. Cabbagcs-Edsy and unchanged. Pea
nuts and Freights-Unchanged.
Tho cottonseed oil market was steady
early with small offerings. but weakened
in the afternoon under liquidation on the
! break In lard and closed at an advance OF
8 points decline, with sales OF $500 barrels.
March, 7.39 07.40: May, 7.42 @744; July. 7.53 q
7.54; September. 757G7.6o. Primo crude. Sax
1853; prime summer yellow, 7.i04T.4i;
prime winter yellow. 7.4o @t7.9s: prime sum-
1ncr white, z. 45QD7.30.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
Norfolk and w esternR railway

ONLY ALL RAIL LINE, 10 NORFOLK III
s Schedule In p trect March s. 1910. gass
Leave Byrd Street Station. .&,chmopd.
FOR NORFOLK; 1890 A. NJ. % 100 4 p. s NJ.
a, NJ. $500 p NJ SCOOP. NJ, Arrive fHloh-I
mond & From Nortolk--,11;4o AZ. MI $3.50 p.
Nj, II 100 n; NJ. From the Yest-ss 80 "A, NJ.
'I:sos r, NJ 's;o6 F. n !. .ll;oo Fl n,
Dining Cars. i3s8 s44s Gilt. ROHLDY,@
W.8B. AEYlLItg D. r., al, z cEmo nd, Va
Il q. =. An RoRnoto,s Va, VA g a
DAILY ''D ally, ex. sun n, :ssS ST.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
CH1cAGo GRAIN MARKET.

I Chicago, III, March 31b.-GrainE and pro-
visions slumped sharply hero to-day, wheat
declining on Hunconfrmed reports of rain In
Kansas. Corn and oats followed the course
OF wheat while provisions were depressed
by selling by packers. At the close wheat s
was M1iMc. or. Corn. q @ &c. lower. and
oats asaSc. down. Final figures on pro-
visions showed n net loss OF 37h @42lSc.a
The leading futures ranged as follows: +,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
SALES.

{
400 Amer. Arrl. Chem. Coz
Allis- Chalmers .........,.
81 Allis. Chnlmers, pfd.,.....
43, SoO Amnlpamutcd Copper -,
Z. SEQ American Can ...........
500 American Can. pfd........
$3.50 Amer. Car and Foundry
100 Amer, Car and Toun., pfd
ECO American Cotton Oll......
$500 American Locomotive -.
Amer. Locomotive. pfd...
6,700 American Smelling .......
1,1W American Beet Sugar..
800 American Sugar .........
$500 Amer. Tel. and Tel. Co...
1l9 American Tobacco, COM
300 Amer. lob. pfd.. y 1ihze..l
$500 Anaconda Copper .........'
1s,SO0 Atcllison ..................5
Atlantic Coast Line. 49,.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
STANDARD AIR LINE, is

Rs aSFAHOAKD#AlH I'm FL W 49, u II
.mond daily: a;loi a. M, -Local to hosfna,
Raleigh, Charlotte. WILMINGTON. l:1s r. NJ.
.--sleepers and coaches. Atlanta. B!rming-
ham. Savannah. Jacksonville an Z Florlda
IL. Nj, 1o;*5S r. NJ Shoppers ana coaches
Savannah, J acksonyill 10. i.s tlanta a. Dirmtng-
ham and Memp his. llor hboul.d III tralns
"a. Ai.S7 100 a. ;e5 a.. NJ, b;o5 Ps III, 10
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-16
.Ne.u York
Stock Market

4
New York, March i 5..-,rl,ere was a
sudden tingglng to-day In tho resist
: Ing power OF the stock market to de-
pressing factors, which has been It's
prominent characteristlc for many
days past. The issuance of u strike
( Western railroads was the only topic
toreceive much discussion in the days
doings at the. Stock Exchange. The
almost wholly in its own hands. and
sold stocks freely on the short side OF
the speculation. Even the h,iying:
much Of It, was some short sellers %, or
declines. but proceeded then to put out
The rise II tho call money rate. to
above 9 per cent. for the first tine
one coDtribntorS explanation OF the
action OF the market. The money mar
ket has heen hardening apprcciahly
for more than week. The ~, tendency a,,ns,
fall prices and tho impairmant of
margins. which resulted in hrinT'ng
out calls for additional security. and.
The hardening tendency up to TITS
time has teen conarad tn the tire
loan derartnent inlusrced Nv tho
steadv tying IN of Nark,rer credtf- IN
the Interior demand for currency has
sci in as cnmnlfcatton.
The abandonment OF effective sun
nort of the stock market hv ina',en-
OF tightening OF the cnll money mar
ket raise the question whether the
desired incentive to suhscrirfion to the
new bond Issues is no longer needed
or whether 1t Is given UP As imprac-
ticahle. f.g
The professional hears who sold the
market enlarged IN the Significance of
the extent tc, which the recovery had
the frs. of the year. a technical res
action was called over due from this
fact alone.
The weakness was not confined to
the strike There was d'sarnoir.men'
for traders who had honeht United
States Steel for the div'dend which
Ing ast towards w. recovery Of the dividend
Of the weakest Of the ,rdnstrla,s.
Arna1remated Corner was also weak
age to the winter wheat crnn formed
an element In t1,a heav'ress of tho
market T',e sl,vht recover,es at the
end Of the dav were attributed to COW
lanenidiv held.
Bonds ware easy. Total sales. mar
value, ss.41snon. Irr'ted States bonds
were unchanged IN call. Total sa,cs
of stocks for the day were 6S5.1on
Now York, March 15-Money on call
steady. s-4931-4: ruling rate 3:
closing bid, 3: off red at 3. Time loans
4 per cent: six, months, 4D,4 ia per
cent. Prime mercantile paper. a 1-2Nf5
Sterling exchange closed weak after
strength. with actual business in bank
day bills. and at s4.seas for demand.
Commercial bills, s4is33-4msAS41-4