davidaulloa/AmericanStories huggingface dataset:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Carolina Comment
The Taft Administration.

The Taft administration go far has been a complete
failure. This cannot be denied. At almost every point
it has fallen below what had been expected of it. Not
only with reference to the tariff, but in other matters
this inefffciency has been shown. and unless a re-
markable change takes place during the next year or
two. which quite unlikely. the Taft regime will be
known as one of the greatest failures In the history
Of American public lIfe-Winston sentinel.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Tn. Mos. A~onorsbI. sv,;ne,, Man.

With due respect for others. the Chinaman Is, per
haps, the most honorable and upright business man
in the world to-day. His business. principles are
founded entirely upon honesty. aud he adheres to his
policy with the insistencs of a ieech. The chase after
dollars stops II he has to resort to = low trick to get
them. or course; a little thing like telling . fslsehood
occasionally does not bother him % much; but when
the task becomes distasteful. The equal Of the Japan
csc In initiative and foresight, he = much their supe-
rior when integrity 10 concerned. A Japaneso does not
think twice before deciding to ret the best Of you.
He calculates that you are liable to change your mind
debate as 10 the propriety OF cheating you--The Book
keeper.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

"Our esteemed contemporary, the
Hartford Times thought it was get
ting some fun the other day u of a
paragraph from The Courant, which
referred to two tires, of which one burst
and the other blew up. People who
had their laugh over that repetition
may have laughed again when they read
in the esteemed Times the statement
that IA young woman's leg was broken
in two places-'one below the knee and
the other above the ankle Hart
ford Couraut.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
a Trihuts % .ssn. Lindsex.

Denver IL a beautiful. prosperous and enlightened
city. Nestled at the knees Of the snow-laden peaks OF
the Rockies. with q climate Amer than that Of the
Riviera. depot OF the wealth az mine4 and farm lands
alike in richness. II 10 IN inland capital admired By
all who know the city and Its people.
Yet intelligent an tho those people who are 70 justly
proud Of their city. there ~ one thing that too many
.of them do not know. And that y that no single
achievement by any man pf DenYer or by all Denver
combined will reflect such hOnOx upon their city, In tho
years after the names Of their present politicians ana
corporation bossee will hong hare been forgotten, ~
the fact that IN vas I'M Denver Int Ben Lindsey did ht1
pioneer work Ioe 90 AR6 rqNnkk$ n tnst ~ onying ct -
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

We respectfully offer TO our North Carolina
brethren and brethren in other States who are
given to boasting and boosting the following
exhibit from the Eastern Shore John W. Guy.
aged II; number of children, 30; oldest child
aged 81 youngest children twins not quite a year
old physical condition of the exhibit robust and
hearty.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Danvitte's Problem.

Danville having voted wet, is now considering the
problem Of fixing the license tax. A wholesale tax Of
$500 and a retail tax OF 1880 has becn proposed, and
the City Council Is also considering q proposition to
deny dealers the right to ship the stun out of DAN
business some of the disagreeable features of the wit
ness of the town would be averted. The people of Dan.
willie voted wet. but that shouldn't be construed to
mean wet for all the territory around Danville.-Greens
boro Telegram.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Land Values lnorsass.

1t may cost a lot to live these days, but It costs
more to buy real estate. some years ago the late
Mr.. J. r. Pruden bought the Acourt farm. some five
miles from Greensboro. near GuilfOrd College, for
something like $1,000, Mr.. James #. Jordan broke II
up into small farms and Yesterday sold 1865 acres for
$l5.5 with So acres OF the original tract ieft.-Greens-
boro Record. & 49,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Practical Education,

Governor Mann by his visit to the Claremont Colored
Institute Monday endorsed not 40 much the institution
nor the man as the principle of practical education of
the fellow citizen. one citizen whose head Ia educated
to make good use of both hands and head 10 worth
more to the world than a dozen classical graduates who
know nothing but what Is contained In the Textbook,
Sussex STANDARD.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
NOTHING SERIOUS.
pa show.d Him

Pa Showed Him.
Come try pas telescope. she said.
He tried II with O. chill OF dread.
And even as he stopped and stared
Her pa rushed In and had him SHARED.
Said pa: YOU'RE fond of stars, no doubt"
He turned the trembling youth about.
a million stars the latter -spied
With fifty comets on the side.
Cleveland Plain Dealer.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
run the paper."--Lifs
Love In Livery.

He, dreaInily:
THE skies are blue.
And 1 am, too.
What can 1t be that ails me?"
she, practically:
Your blood, / think,
Is on the blink.
Your liver. darling, fails YOU"
-LippincottA
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
The Best Hoada.

Several of the Southern States are now boasting OF
their modern highways. and among them North Caro-
lima takes the lead. New Hanover county has the best
system Of roads in the State and she can boast along
with the other progressive counties IN this or any other
State.-Wilmington Star.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

Sprinatims Contsntnaent.
Grass ali round Is greenin' now. .
Air is good to sniff:
Wind is hringin' piney smells
Jest a teeny Whit.
Course I'd like 10 be John D.,
Morgan, too, by jung.
Like their Jobs mos. any tinle~--
'Ceptin' spring.
Plain DealeE
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

This shows how dangerous it is for one news
papers to play up the mishaps of another. Sooner
or later, usually sooner, the chicks will come
home to roost.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Not Always the Unesrno4ed

TITS always the unexpected that happens. you know
she said.
Not always" he replied. "whsnE was calling on
Dorothy Gadsworth last night / expected her father
70 come downstairs about rnidniwht ana Nnko I fusa
He Observation-Disclosures Star.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

1t is said that Mr.. Roosevelt S heroes are
Timoleon. Hampden, Washington and Lincoln.
And all were fighters.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

It is hardly necessary to say that the invcsti.
eating committee went to the bottom Of the
sewer matter.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
Give Hin, a Medal,

That party who just called " . the most remarkable
man l have ever met" said the city editor to his assist.
ant.
TN what way
He did not tell me how to run the psper.~-Life.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14
The pusmma.

I'd awfuhy like to see the Jerries- johnson fight"
WHY don't you go?',
Gee, I'd miss 50 many BAH games."-cleyeland
Plain Dealer. = 4
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-14

81 have the floor" shouted the carpet.
GO ahead" returned the wallpaper, Il am I'D against
it."-Baltimore Americana.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
COTTON MARKETS.
NEW YORK.

NEW YORK, February 7..-Cotton fu-
lures opened steady. March, 1897 May.
1897: June. 1890; July, 14.SS: August,
14.42; September, 1887; October, 1898;
December, 1911; January offered. 12.65.
The cotton market opened steady at
an advance of 7a13 points In response to
very bullish cables, the bigger spot bust
ness reported from the south and reportg
of an increasing demand for manufac-
| tured goods. There was heavy realizing
on the basis Of 10 cents for May. but Of
ferings were absorbed on reaction of >
or points and the market soon frmed
| up again on covering and bull support,
| with prices during the middle Of the
| morning showing a net gain of Gals
points.
| After showing a net advance of about
9a15 points during the middle Of the
| morning, the cotton market turned a
| little easier late in the forenoon under
realizing and local bear pressure, with
prices at midday showing net gain of
2a5 points and with May selling at 14.95,
compared with 1903, the high point of
| the morning. Business was less active
after the first hour and the market at
| midday was comparatively quiet.
| Spot quiet; middling uplands, 1910;
| middling gulf, 1875.
Estimated receipts at the ports today,
1900 bales, against 1917 last week and
1893 last year. For the week 1900
bales, against 74,521 last week and POI. sss2
last year. Today's receipts at New Or
| leans. 1,4O5 bales, against II, Isl last year,
and at Houston. 4, 739 bales, against 7,147
last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
GRAIN AND PROVISIONS.
NEW YORK.

NEW YORK. February 7.-Flour-Quie,
at old prices. Receipts, 2S,255 barrels.
Rye-Dull; No. western, 1914, nomi-
nal, fob. New York.
Wheat-Heavy increase in wheat In
passage and bearish northwest statistics
resulted in lower prices for wheat early
buying and demand from shorts May
1.1611a1.17; July, 1.O75sal.O7A. Receipts
$4,000 bushels.
Corn-Receipts, 22,s75 bushels
Beef-Steady; mess, 11.5Oa12O
Pork-Firm; mess, % go
Lard-Firm; middle west IL. 4Oa125 80
Raw sugar-Nominal: Muscovado, Sc
test, 3G4a3.67; centrifugal, SO test, Ala
All; molasses sugar, 50 test 339a3 AZ
refined, steady; crushed 5.S5; granulated
5.15; powdered, 5.25.
Petroleum-Steady; refined, barrels, 7.9O
Coffee-Spot steady; No. Rio, 11-16a
S&; No. 4 Santos, 3a9A.
Molasses-New Orleans open-kettle, 81
a42.
Butter-Firm; receipts, 5,7O7 packages
Creamery, specials, 3O1a; extras, 291a
thirds to first, 26a29: state dairy, com
mon to finest, 24a29; process. first to spe-
Gals, 25l2a2S; western factory, 22ka24;
western imitation creamery. 25a26.
Cheese-Firm; receipts. 755 packages
State, full cream, fall made specials, 171s
ais; do fancy, 17A; do good to prime,
16Aa1624; do current make best, 15ba16;
do common to fair, 14lsal51; do skins,
131aa14R.
Eggs-Receipts, 4,535 cases. Hennery
white, near by. S;Sa3s; do gathered white,
SLABS; do hennery brown and mixed
fancy, 31a33; do gathered brown fair to
prime, 29a31; western first, 29a291a; Sec
onds, 2Si2; refrigerator, 24a26.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
WHOLESALE MARKET REPORT

Quotations given below are for large
lots. Jobbers' prices are higher.
EGGS.-Nearby fresh Virginia, 2Sa29:
West Virginia and southwest Virginia,
%; Tennessee, 20.
BUTTER.-Creamery, fancy, 33a3A
Western firsts. 32a33; seconds, 29aaO.
Process, fancy. 25a28; fair to good. ia
Is. Store-packed, fresh, 12a2O.
CHEESE. - New York state factory,
new, large, 17a171z.
POULTRY.-Chickens. per h.. 1sa19;
hens. per lb;, 1oha16; ROSTERS, per h.: .;
keats, per h., 15a16; turkeys. per h..
2Oa22; ducks. per h., Halls; geese. per
h., 1Oa12.
DRESSED POULTRY. = Turkeys, per
h., 22a25; hens. choice. per h.. 49,;
ROSTERS, per H., 10: chickens, per h.,
13al5.
vEGETABLES.-Potat No. /, per
Dbl, 1.5Oa2.O0: potatoes, No. 1. per bu..
55a75; sweet potatoes. per bbl. 1.5Oa2. 10
doz 1.OOa15O; onions, per bu., DOa95
onions, per sack. l.65a175; cabbages, per
100 lbs, 1:5Oa2O0: brussels sprouts. per
OF, sa121sc: kale. per bbl.. 75a1.O0: spin
ach, per bbI., 1.5Oa2.OO; eggplant, per
crate, 2.5Oa4.OO; squash. per crate, 1.25a
1.50: string beans, per basket. $50 to 375;
lettuce, per basket. 200 to $3.50; toma
toes. Florida, per crate. 1.5Oa3.OO; rad
ishes, per 100. 1OOa2.OO; peppers, per
crate. 2.OOa3. 90; turnips. per box, 80 to
40; turnips. per bbl.. 75al.O0; parsnips,
per box, 6Oa75.
GREEN FRUITS. Apples. per bbl,
200 a5.OO; oranges, Florida, per box. LIS
az So grape fruit. per crate, 2.50a3. so;
pineapples. per crate, 1.50a2.25: cranber-
ries, per bbl., 5.50a65O walnuts, per h.,
IL.
HAY AND STRAW.-Hay, western, No
/. 2O.5Oa21. 90: No. =, 19.OOa20.OO; mixed,
10 OOa2O.O0. Straw, rye, bundle, 15.JOa
IL 90; straw. wheat. per ton, 6.5Oa7. 60;
straw, Dat, per ton, 6.5Oa7.OO.
MEATS.-Pork. dressed, m d / U m
weight. 10; heavy, 9a9A; rough, 7as.
LIVE STOCk.-Cattle, extra, per cwt.,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
CHICAGO.

CHICAGO, February 1-Bearish senti-
ment predominated In the early trading
in the wheat pit today and opening ~
ures showed a general decline of from
Is to ss The volume of trade was not
large, foreign cables telling of weakness
in the Liverpool market and lower prices
for La Plata cargoes contributed to the
downward movement. Some covering
trades gave a tinge of strength, May
creeping up to 1.O9ls, even with Satur.
days close. The advance was momen-
tary, and in the first hour the greater
part of the trading was at about opening
figures, which for May were 1OS% ia
loo.
Prices for corn also fell off early in
the day, the opening being from a shade
to rs lower, under the influence of large
receipts and slow demand for cash
corn. The low levels held the bulk of
the trade in the first hour, fluctuations
not exceeding IS May figures fell off
from 65ss to 65A. Opening prices for
May were 65as to 65sss.
In sympathy with the other grains trade
in the oats pit showed a falling off, open.
ing figures being from X to u lower In
the first hour the market sagged slightly
May touching 45A a45s, and rested at the
low level. Opening figures for May were
461s, 1sc lower than. Saturdays final mark
Contrary to the course in grain pro-
visions developed strength under the in
fiuence of a fair demand and higher prices
for live hogs. At the opening the prices
were unchanged to Zoe higher and in the
first hour advanced from to 15c, steady.
ing at the high points. Opening figures
for May were: Pork, -. 10 to %. 121h lard
1910, and ribs 11.75
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07

5.50a650: medium. per cwt., 4.0Oa4.1o:
ordinary. per cwt.. 3.OOa3.JO. Hogs. per
cwt.: gross. 9a9h. Sheep. per h.. 4a5;
lambs. choice, per h.. 7haS: medium.
per h., 61aa7. Calves, choice, per h..
OF: medium per b. O.
WOOL AND HIDES. Wool, washed.
free of burrs. per h.. 33a35: wool. un-
washed, per h., 2Sa2s. Hides, green.
per b.. II; hides. dry. per h., 15a1s;
sheepskins. green. each. 75a1.2S: calf
skins, green, each. 1.3Oa1.75; dry flint.
hides. per h., 15a16.
FURS. NO. Mink, each, 500; musk
rats, each 6Oa7O; raccoons, each, 1.3Oa
1.50: opossum. each. 4Oa50: gray fox.
each. 1OOa1.5O: red fox. each. $50 400:
rabbit skins. each. IL: black skunk.
each. 3.00a3. 80: otter, each, 1000a2O.O0.
GRA1N.-Wheat, new, per bu., 1.1Oa
1.25. Corn, shelled. per bu. 72a7S: new
ear. per bbl.. 4OOa4.25. Oats western
white, No. 2. per ou.. 55a62; oats, mixed.
per bu., 51a59. Bran, per ton, 29.OOa
5000. Middling, per ton. 5000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
Bought to Prevent Panic.

All that seemed to be indicated was the
purpose to take stocks as they came and
prevent decentralization from becoming
panic. The days liquidation was on about
the same scale as last Thursday and on
the other previous days of greatest weak
ness. Transactions up to midday were
at the rate of about 100000 shares for
the full session.
Naturally in the search for explana-
lions of the further break in quoted
values and the evidence of great weak
ness at the new low market level Wall
street opinion inclined to attribute chief
responsibility to the actual beginning of
the administrations campaign for the
enactment of a federal charter law for
interstate commerce corporations. This
theory does not deserve to be dismissed
offhand, because it was very evident from
any canvass of the stock market COM
munity before the stock exchange Ses-
sion began that the accounts of scope
and provisions of the administration s
charter bill had a very depressing effect
on sentiment.
Money conditions showed no change
from last week, which ended in such
curious statement of banking position.
While no positive light was thrown on
Saturdays statements, they were regarded
today as showing in a negative way that
the investment buying of stocks, of
which so much has been heard lately,
has not apparently, been done on a cash
basis 10 any great extent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
BALTIMORE.

Special Dispatch to The Star.
BALTIMORE, February Wheat,
quiet: spot contract. 1.24ls; spot No. 2
red western, 1.25; May 1.17ss: steamer
No, red, liza. Receipts, 1868 bushels
southern on grade, 1.17s.a1.24
Corn-Weak: spot contract, 67lsa67hs
February, 671aaB7s; March, 6shasS5s
May, 71ha71as; steamer mixed. 65h2. Re-
ceipts, 81. 325 bushels.
Oats-Easier; No white, 53Ika54; No.
) white, 52i9a53: No. 2 mixed. SPA J212
Receipts, G,319 bushels.
Rye-Quiet; No. western domestic,
SaaS6
Hay-Firmer; No. timothey. 81 80; No.
l clover mixed, 20. Grain freights steady.
Steam to Liverpool per bushel, 1kd Feb
ruary. Cork for orders, per quarter, IS
ll2d February.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
LONDON MARKET.

Special Cablegram TO The Star.
LONDON. February TN the late aft
ernoon dealings today rubber stocks de-
veloped a violent buoyancy. Domestic
issues ruled steady. A cheerful tone pre-
vailed in the departments of foreign Sc
curities and mining shares. Rio Tintos
closed with net loss of 3sc, at 761sc,
and De Beers finished 1sc lower, at 1S34c
There was a slump in American railway
shares on the curb in response to ad-
vices from New York, but subsequently
repurchases esta blished a steadier tone.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
NEW YORK CURB PRICES.
Quotations furnished by E. F. Hutton & Co.,
members New York Stock Exchange; Edw. Floy
Caverly, manager 1901 + street northwest
FOREIGN BANKS.

PARIS, February 7.-Close: Three per
cent rentes, 20 francs for the account.
Exchange London, % francs 1S GEN.
0meS for checks.
BERLIN, February 7.-Exchange on
London, 20 marks 47ls pfennigs for
checks.
Money, , per cent Private discount
rate, 2's per cent.
LONDON. February Bullion amount
ing to f102oO0 was taken into the Bank
of England today and 9417 900 was with
drawn. of which E217 900 was for ship
ment to the continent and the remainder
10 South America
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
LIVERPOOL.

LIVERPOOL. February 7.-Closing: Cot
ton-Spot. in active demand; prices. 10
points higher; American middling, fair,
sos; good middling, $50; middling, S.14;
low midding, s.O4; good ordinary, 7.7S;
ordinary. 1853. The sales of the day were
$4,000 bales, of which 1000 were for spec
ulation and export, and included $1,000
American. Receipts, $4,000 bales, includ-
ing 1890 American. Futures opened firm
and closed quiet. February, 7.91; Feb
ruary March, 791; March-April, 7.91;
April-May, 1854; May-June, 7.S711; June
July, 7.S5; July-August. 7.S1h; August
September, $50; OBSERVATION-DISCLOSURES. 7.O7;
cember GIT; December January, 6.76;
January February. 675; FebruaryMarch,
6.75.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
LIVERPOOL.

LIVERPOOL, February 7.-Closing
Wheat-Spot dull: No. . red western win
ter. no stock; futures steady; March. IS
1sd May. rs 1o5sd; July, rs 9ssd
Corn-Spot steady; new American mixed
IS gid: old American mixed, IS SID: flu
lures dull; March, IS 614d
Peas-Canadian, steady; Is 7Ibd.
Flour-Winter patents steady SIS Cd.
Hops-Qn Londen), Pacific coast, firm.
E6a GO los.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
WASHINGTON Stock Exchange.

Saes.-Reguar call. II o'clock noop-Washing-
ton Rwy. and Elec CON-, 30 at 3T12 so at 81 15.
Washington Rwy. and Elec. pfd., 40 at STA,
5 at STA. IS ut S7a.
Washington Gas. ID at "a.
Mergenthaler Linotype, at 2l4a4, 10 at 2141A
10 at 214A.
After cail-Columbia R. R. es, s., 900 at 1o7H.
Mergenthaler Linotype, ) at 214as.
United States Trust 10 at llGas
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07

Sidney Harris, in the stock brokerage
business in this city, has purchase the
seat on the exchange of G.. Bowie Chip
man. The price paid was $4,5On.
At the annual meeting of the stock
holders of the Washington Gas Light
Company today directors were elected as
follows: John r. Mclean, John Mc1lhenny.
Richard H. Goldsborough, Milton E.
Allies, Howard S. Reside, Joseph Letter
and Ord Preston.
Mr.. Letter and Mr. Preston are new
members of the board, chosen under the
authority of a clause in the last District
appropriation bill increasing the member
ship of the board from five to seven. The
former members of the board were re-
elected.
The meeting was prolonged by the con-
sideration of a form of resolution au-
thriving an issue of bonds.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
The World of Finance and Trade.
Washington; New York; London.
LOCAL FINANCIAL NEWS.

The local stock market at the meeting
today was inactive. 1t showed apparently
the influence of the continued decline In
the general market. There was not much
effort made either to buy or to sell, and
in consequence the quotations remained
practically stationary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07

Gold coin. .......................$S 1863 27S $50
Silver dollars. Observation-Disclosures. 4S4 692 600
Silver dollars Of 1880. ...-......... 3,S77 600
Silver certificates outstanding. asa 692 600
GENERAL FUND
Standard silver dollars In general fund S. 479Oi6
Current liabilities. OBSERVATION-DISCLOSURES. 100 456 $40
Working balance in Treasury Offices %, 692 6O6
In banks to credit OF treasurer OF
the L. ................. So 1877 Oss
Subsidiary silver coin. ............. % 2Sa TAI
Minor coin. NEUTRALITY-SUSPICIOUS.. I1BS 955
Total balance In general fund. ...... So, A9, 5T6
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
Treasury Statement,

The condition Of the Treasury at the beginning
OF business today was follows:
TRUST FJNDS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-02-07
No Signs of Rally.

Although the declines which took place
all around the room Afforded an excellent
opportunity for short covering and al
though there was an extensive retirement
of short commitments, the market at no
time up to the early part of the after
noon exhibited any pronounced rallying
tendencies, either generally or in par
ticular issues. About the only point gen.
orally urged as favorable to the market
was the suspected size of the short in
terest. but the position of the short ac-
count seemed to be illustrated in the
case of Reading.
There was such borrowing demand
for this stock this morning that it loaned
at substantial concessions from the
money rate, yet in spite of this Reading
declined almost as easily as any other
leading issue. In fact, it was it's lack of
resistance to pressure, together with the
Steel broke through the points of resist
ance which they had apparently estab-
lished last week that turned the whole
market toward great weakness.
Obviously there was good buying in the
market. If there had not been, the condi-
ton of decentralization which obtained
would have developed into something
worse. 1t was the same kind of good
buying, however. which has been witness
ed all along during the last six weeks
1t evinced no desire or intention on the
part of leading interests in Wall street
either to hold prices or to stay Iiquida-
ton.