davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
CHICAGO PRODUCE.

CHICAGO, June 10. - Soaking rains
throughout the northwest, including the
spring crop country beyond the Canadian
line. made lower market today for
wheat. Despite weekend covering. the
close was easy, n to 3saL down. Corn
finished at a net loss of u TO y, oats off
IsaK TO u. and provisions at decline OF
5a11s to %.
A liberal volume of business was done
in the wheat pit. as compared with re-
cent totals Liquidating sales formed the
order of the day to all futures. but
there seemed to be an especial disposition
to run away from the July delivery. On
the other hand. brokers commented on
given late yesterday for several million
bushels OF September wheat at I0i, and
which for the most part could not be
filled. were not in the market today.
Cutting Of wheat was reported as hav-
ing begun in southern ansas 1t was
stated that a good deal OF the new crop
might be expected to move north very
soon and be hedged in Chicago. making
much heavier load for the speculative
trade. September ranged from 103as TO
1.O4A. with close 1.03s4, drop of as from
last night.
Corn weakened on account OF well pro-
portioned moisture and warmth. Later "A
falling off I'm country offerings helped to
steady the market September f1uctuated
between 71k and 70 closing u net lower
at 71S. No. 2 yellow was quoted at as
a75A.
Bearish action of other grain affected
oats. The crop was reported as almost
at the heading stage I'm parts of Indi-na
and Illinois. September ranged from 4o2s
TO 4Os4, with last sales u Under last night
at 4O1a
An expected larger run OF hogs next
week had considerable effect in pulling
down provisions. AT the end OF the day
pork was less costly by 22ia to %. and
the rest Of the list off Ja1l2 to 12ls.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
NEW YORK PRODUCE.

NEW YORK, June 15.-Flour-Quiei
and nominally lower Spring patents. $50
aJ9O; winter straights, 515a5.25; winter
patents. 5.4Oa5.6O; spring clears. 4.60a
winter extras, No. =. 4.1Oa42O. Kansas
straights, 5.1Oa5.25. Receipts. $500 bar
rels; shipments. 3,511 barrels. Rye flour
Quiet; fair to good, 4.SOa5.Oo; choice
to fancy, >. 10a5.25.
Cornmeal-Steady: fine white and yell
low, LTOa1.7o; coarse. 1B5a1bHO; kiln
dried, 4.25.
Rye-Nominal.
Barley-Quiet; mailing, 1.15a1.25 elf.
Buffalo.
wheat-Spot. easy; No. 2 red. LIZ do
nestle basis, and export LII fob. afloat
to arrive; No. l northern Duluth LIZ
fob. af1oat. Futures market was easy
under further heavy selling on continued
improved crop conditions, but prices raj
lied late on covering, closing unchanged
to 20 net lower. July 1.12asa112 1915;
closed. Lips. September closed, 1.O9A :
bushels; shipments. 4.503 bushels.
Corn-Spot. easy: export. S1A fob.
afioat to arrive. Receipts, LIPS bushels.
shipments. S34 bushels.
Oats-Spot, barely steady; standard
white, Soh in elevator; No. 2; 81; No;
g. 60; No. 4, 59k; natural white and
white clipped. 60a64 on track. Re-
ceipts. 35.075 bushels; shipments. 1852.
Hay-Barely steady: prime. 1.55: No.
l. 1.50; No. 2. 1.4oa1.45: No. 8, 1.20a
Hops-Steady: state common to
choice, 1911. 30a45; old, 14a22; Pacific
coast, 1911. 40a43; old olds. 15a25
Hides-Steady; Central America, 24a;
Bogota, 24a25.
Leather-Firm; hemlock firsts, 25a
81; seconds, 24a26; thirds 21a22. Re-
jects, Is.
Pork-Quiet: mess. 2o50a21.oo: fam
lily, 20O0a21.00; short clear. 19.25a21.0O
Beef-Steady; mess. 15O0a15.50; fam
Cut meats-Quiet; picked bellies. 10
to IA pounds. 11a11A; picked hams.
12laa12A.
Lard-Easy; middle west prime. 1850
a10.60; refined easy: continent. 11.25;
South America. 1910: compound. 8a a
ga.
Tallow-Quiet; prime city hogsheads.
els; special, 67s; country. 54a8k
Cottonseed oil-Barely steady; prime
sumner s1n yellow, spot spot o, e-soanls; June one
700; September. 7.O7a7.1O; October, 707a
7.OS
Petroleum-Steady; refined, New York,
barrels. $50: refined, New York, bulk,
$50: Philadelphia, barrels, $50; Phila-
delphia, bulk, 800.
Wool-Quiet: domestic fleece. %.
Rosin-Quiet; strained, common to good,
6. 5Oa6.6O.
OVERWHELMINGLY, machlne, DarreiS,
AS
Rice-Firm: domestic, 3&a6; patna, 6l4a
6a4.
Enthusiastically: New Orleans, open
kettle, 35a5O.
Raw sugar-Barely steady; muscovado,
50 test. 3.36a3. A.: centrifugal, 96 test
3 .S6a3.92: moasses sugar. 50 test, 3.11a
317. Refined. quiet; cut loaf, 500; crush
ed, $50; mold A, 5.55: cubes, 5.45;
xxx powdered. 5.35; powdered. $50;
granulated, fine, 5 20; diamond A, 800;
confectioners' A. sos; No. i, sos; No. ..
800; No. ). 495; No. 4. 400; No. .. 4.s5;
No. 8. $50; No. Z. 4.75: No. 8. 40: No
.. 465: No 10. AGO: No. IL, 4.55; No. l.,
4.50; No. 13. 445: No. IA. AS.
Potatoes-Steady: European. old. per
Ito, pounds, 1.OOa75
Cabbages-Weak: southern, new, crate,
5oa1.75
Frefghts - Barely steady; grain by
steam to Liverpool. I'd.
Peanuts-Unchanged
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
New York Mining Stocks.
NEW YORK, June Is.
NEW YORK BANKS.

NEW YORK. June 1.-THE statement
of clearing house banks for the week
serve in excess Of legal requirements.
This is an increase Of 1924. $50 In the pro-
portionate cash reserve as compared with
last week.
The statement follows:
Daily average:
Loans. s2.O63. Os2. 600: increase. $4O.s9s.-
go
Specie, 1878. $50. 900: increase. $4,000
Legal tenders. $s4.Ss5.OOO; increase,
Net deposits. 1889. $4,000: increase.
Sal. 521 coo.
Circulation. s4s.s7sOoO; increase. $4,000.
Banks cash reserve in vault, $3.50. 927.-
Trust companies cash reserve in vault.
$73. 7e4.OOO
Aggregate cash reserve, S464, 721 900.
Excess lawful reserve. 81. 80. 800: in
Trust companies reserve with clearing
house members carrying % per cent cash
reserve. $66. 24i 600.
Actual condition:
Loans. s2,Oe6, $4,000 increase, s23. 644,-
Specie. 1851. 325. 900; increase. S.444,OOO
Legal tenders. SIS. 100000: increase.
Ne. deposits. n,e4osss.ooo; increase
Circulation. s4sses.o 900; decrease. $685.
600
Banks cash reserve in vault, 1904 49,
Trust companies cash reserve in vault.
3725l3.0OO
Aggregate cash reserve, s466, 600
Excess lawful reserve. 50. $50; de-
crease. 1913 $50.
Trust companies reserve with clearing
house members carrying IS per cent re-
serve, S6S ~. 90.
Summary OF state banks and trust COM
panies in Greater New York not report-
ing to the New York clearing house:
Loans, $50 fJs8O; decrease SOL, 700
Specie, ST. lfO. 800 decrease 81 ,319SOO.
Legal tenders. $1l. 500: increase 1870
800
Total deposits. ,ss. 900; increase,
Sill +9S.0O
The Flnancier Will say:
The statement of the New York clearing
house banks this week revealed an UNI
expectedly large expansion Of S23 GA 90
in the loan account. according TO the ac-
tual figures OF condition and the CORE
spending increase OF 81. $4,000 in depos-
IT'S raised reserve requirements to an ex-
tent that more than wiped out the cash
gain or $4.e44ODO. The result OF these
operations was to reduce the excess re-
serve by the moderate sum OF Si,31S, $50
the total standing now at So. 235. OJO In
the statement OF averages the loan &C
count presented an even greater increase
amounting to $4o.S9. O0O but this can be
accounted for as the reflection of last
weeks admission Of the Knickerbocker
Trust Company's figures through it's mer-
ger with the Columbia Trust, this ac-
oession to the clearing house resources
not appearing In last weeks average
statement. The weekly statement OF trust
companies made to the state banking de-
Eartment showed loan increase of So,
sal. 500 and only nominal changes In the
e;her items
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
NEW ORLEANS.

NEW ORLEANS, June 15-Reports of
continued rains in the eastern belt and
good cables gave the cotton market an
upward tendency at the opening today.
and prices rose steadily on buying, but
late in the morning realizing brought
about reaction. the closing prices show
ing a net advance Of to 6 points.
Futures opened steady at an advance OF
to 1O points. on an unfavOrable weather
map and encouraging cables. Under
short covering and commission house
buying, prices rose sharply. July touching
a new high level for the season at l2.45.
me new crop months were held down
somewhat by straddle selling against pur-
chases OF July. On the rise longs took
profits and the volume Of selling became
heaVy enough to check the advance and
bring about reaction Bull support was
lacking. and at the lowest Of the morn
ing the most active months were 3 to Z
points under the final quotations.
Spot cotton. quiet unchanged middling,
12A sales on the spot twenty-eight bales
to arrive 800
Futures closed steady. January. 1L93:
March. 200; June. 1234 nominal; July.
l23l August. 12O6; September, lies;
October. 11.s5; December, 11.S8.
This was a bull week in the cotton
market and prices of the most active
months In the future department closed
at a net advance of 30 to 81 points. The
market practically closed at the highest
and opened at the lowest: at the highest.
last weeks close. at the lowest they
were still to 10 points over. Huge
operations by leading bull interests were
| responsible for the rise. Bulls claimed
Ia widespread improvement in the spot
demand was the real foundation for
| their trading. Their claims of a better
spot inquiry were practically borne out
by the rise in spot prices in the local
market. and by trading in the Liverpool
market. where spot sales this week
amounted to 10000 bales against only
26.OO0 this week last year.
The weather of the week played COM
paratively small part in the weeks
trading. The western belt could have used
more rain and the eastern belt could
have gotten along with less. Buying by
the bulls absorbed all offerings from the
short side based on the conviction that
new crop prospects warranted sales. In
the spot department prices rose Il Of a
cent, midding closing at 12A against IL
cents last week and Is TIC this week last
year. Sales on the spot amounted to
1879 bales. against 1.679 a week ago and
l ,176i this week last year; sales to arrive
amounted to Ss3 bales. against 500 last
week and ,4O5 this week last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
The World of Finance and Trade.
Washington; New York; London.
STOCK MARKET
Dull in Fore Part of Week, But
Cheerful Tone Prevails
the Last Days.

LONDON, June 15.-The stock market
was dull and hes1tating most of the week
but after the elimination of an overloaded
bull account in the midweek settlement
operations freshened up and tho week
end found a quietly cheerful tone pervad-
ing most departments. The settlement
is thought to have left the technical posi-
ton of most sections sound. and If the
carry-over In American Marconi shares
is safely engineered next Tuesday an i'm
provement is looked for.
The threat of the leaders of the trans
port workers to call out the railway men
lost force and the gains in home rails
were maintained right up to the closing.
The feature in foreign securities was the
decline in German threes, but the deal
ings in this section were light and the
market was almost idle yesterday and
today.
American Securities Dull.
With the presidential campaign domi-
mating Wall street little activity or initia-
tive was shown here in American Sc
curities, which moved irregularly and
mostly downward, particularly in the lat
ter part of the week. The market closed
3A points lower.
There is a good supply of money avail
able at present, but discount rates are
firm on expectations of Tightening money
in the near future.
Plentiful Supply of Money.
There was a plentiful supply Of money
available today. Discount rates were
firm and slightly higher. The stock mar
ket closed with the usual weekend quiet
ness, although more cheerfulness was ex-
hibited generally. Home rails and Kaffirs
improved, the latter on further salts
factory dividend announcements. Gilt
edged securities fairly steady and Rio
rlntos closed higher.
American securities opened steady and
quiet. Transactions were light, but mos,
OF the list ruled d fraction above parity
The closing was steady. with values
ranging from % above to u below Fri
DAYS New York closing.
BERLIN.
BERLIN, June l5.-Trading was dul
and prices were unchanged on the bourse
TO-DAY.
PARIS.
PARIS, June 15.-Prices were generally
nrm on the bourse today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
CONDITION OF TREASURY.

At the beginning OF business yesterday
the condition Of the United States
Treasury was: Working balance in
Treasury offices. $63. 49,, 1853; in banks
and Philippine treasury, $35.2SO,6 26; the
total balance in general fund was. $129,
1868: ordinary receipts yesterday
were, 81 694, 3O6: ordinary disbursements
were, So. $50, 754; the deficit to date this
fiscal year Is 1895, 1856, as against a
surplus of $9,977, 761 at this time last
year.
These figures exclude Panama canal
and public debt transactions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
FRUIT MARKET.

NEW YORK, June 15.-Evaporated ap-
pies quiet and steady; on the spot fancy
are quoted at 94a1OA; choice, Sac; prime
7Aa7A.
Prunes-Steady on further talk of q
better export demand; quotations range
from 3a4a91s for CALIFORNIA; up to 30-40s
and 613a9s for Oregons.
Apricots-F1rm with evidences thai
stocks have been much reduced: choice
11ha12; extra choice, 12a121a; fancy. /:
ala.
Peaches-Quiet and unchanged; choice
7AaSA; extra choice, SASH; fancy. S1aa1O
Raisins-Dull and barely steady; loose
muscatels, 5a624; choice to fancy seeded
5s4a61s; seedless, 51aa61s; London layers
1.4Oa1.45
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
COFFEE FUTURES.

NEW YORK, June 15.-Coffee futures
opened steady at decline Of 2a4 points
under scattered realizing. The European
cables were steady and the Brazilian news
suggested continued firmness in the pri-
mary markets but offerings here were
comparatively heavy following the ad-
vances earlier in the week. and the close
was steady at a net decline of 4a1 points.
Sales. $1,000 bags. June. 1873; July,
1852; August. 1871; September. 1881; DC
tober. 1884; November. 1888: December
and January, 1892: February, 1888;
March, 1894; April 1895: May. 1885.
Havre. u franc higher; Hamburg. un-
changed to VI pfennig higher. Rio I'M
changed; Santos firm. As $50 refs higher at
S. 700. Is 80 reis higher at $3.50 Bra
lillian port receipts, $1,000 bags, against
10000. Jundiahy. 5000. against 5000.
Warehouse deliveries S.073, against 1O,6Oa
last year.
Spot coffee steady. Rio. Is 14h: Santos,
As 16 Mild coffee quiet; Cordova, ia
1874 nominal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
KANSAS CITY CATTLE.

KANSAS CITY. June 15-Cattle-Re-
ceipts. 800 head, including 200 southerns,
market steady: dressed beef and export
steers, S.25a9 IS; fair to good, 6.75aS.1 10:
feeders. 425as. Is; southern steers, 55Oa
S.25; southern cows, 3.5Oao.5O: native
cows, 3.OOa7OO: native heifers, 4.75aS.5O;
bulls, 4OOa6 50: calves, 4.5OaS.25.
Hogs-Receipts, 1900 head: market
steady to &c lower: bulk of sales, 7.25a
7.45; heavy. 7.45a7.5O: packers and butch
ers. 7.25a7. As: lights, 7.OOa7.3 30: pigs, 5.75a
675.
Sheep-Receipts. none: market steady;
lambs, COASTS: yearlings. 5O0a6. %
wethers, 4OOa5OO; ewes. 3.75a4.25: stock
ers and feeders. 2.75a4.OO; Texas goats,
g. 75a3 %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
NEW YORK CATTLE.

NEW YORK, June 15.-Beeves-Re-
ceipts, e5 head; feeling unchanged
dressed beef firm at IL to 1917.
Calves-Receipts. 213 head; FEELING
steady: city dressed veals, II to Is;
country dressed from IL to 13a.
Sheep and lambs-Receipts. 4,9S1 head
sheep and prime lambs steady: others
weak; sheep sold 3.0Oa4.J0; lambs, S.oOa
BIS
Hogs-Receipts. zoos head; feeling
nominally steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
JOINTLY TAKE STEPS
To BREAK W|NANS WILL
Son and S0n-in-LaW Say Bal.
timore Millionaire Was
Incompetent.
Special Cablegram to The Star.

Special Cablegram to The Star.
PARIS. June b.-Thomas Ross Winans,
son. and Prince H. Galard de Pearn,
son-in-law of the late Ross P. Winans of
Baltimore, have joined in a legal effort
to break the Winans will.
The son had offended Mr.. Winans by
marrying a beautiful Spanish dancer, and
was cut off with the income from $4,000
out of an estate estimated at more than
100000. Prince de Pearn married Miss
Beatrice Winans, who died in 1907 Their
two children were left practically nothing
by their grandfather will. But recently
the American courts have sustained the
princes preliminary steps to contest the
will.
Son and son-in-law jointly allege that
Ross Winans was mentally incompetent.
They assert that the elder and younger
Winans put up at the Hotel du Rhm on
the Place Vendome. here. The father
demanded that his son render a daily ac-
count of his expenditures One item read
Winans senior sent by special messenger
to his sons room across the hall a writ
ten denunciation of this "extravagance.
Paid for Vacant Rooms.
But, about the same time. some rooms
in the hotel were being renovated and
the workmen made terrible din. The
father. Infatuated. made the hotel man.
ager stop 1t. and when the manager ex-
planned that the repairs must be made
Ross Winans retorted
'Close the rooms and charge them to
me-"
That says young winans, meant an
expenditure Of $1,000. 500 a day fol
three months, as compared with the EEK
travagance" of six cents for newspapers
Young Winans asserts as other proof
that his fathers mind was unstable.
that even in the dog days he wore Rus
sian furs fit for an arctic expedition.
Young Mrs. Winans and her children
are living at AZ Rue Pachet, near the
FolieS Bergere. They have so little
money that her sister, the Maharanee OF
Kapurthla, does most to support them.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
Fail to Steal Motor Vehicles.

Mackall Bros, druggists at 9th and
H streets northeast, told the police last
night of an attempt having been made to
steal their automobile delivery wagon and
touring car Friday night. The lock was
forced from the door of their garage, the
police were told, but the robbers made
failure of their attempt to steal the We
hicles.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
CHICAGO CATTLE.

CHICAGO. June 15.-Cattle-Receipts.
200: market steady to strong. Beeves,
6. 2Oa9. 40: Texas steers. 6.6OaS25; western
steers. 6.6OaS30; stockers and feeders.
4.3Oa6.S0; cows and heifers, 2.9Oas. 80;
calves. 5jOa9.50.
HogsIhecelpts, u'oO; market r weak,
7.05a7.45: heavy, 7.O0a7.45; rough, 7.OOa
715; pigs, 5.10a6sO; bulk of sales, 7.30a
TAO.
Sheep-Receipts. 1000; market steady.
Native, 3.25a5.1O: western. 3.50a5 10;
yearlngs. 475a7OO: lambs, native 4.25a
500: western, 4.5OaS.OO; spring lambs,
12Ja9 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16

for gloom. Hosts of reasons there are
for anticipating what will bring larger
business and larger business profits-and
natural and corresponding gain in fnan-
cial sentiment.
What may be equally true, however.
is that We are to have a summer of dull
ness-and that such improvement as may
appear will have to bide while before
1t is translated into anything like
buoyant stock market. 1t is a time to
hOpe-and wait.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16

A striking feature Of the bank state
ment was the wide difference shown in
average and actual loans. the former
increasing by practically $41.O0O.O 600.
while actual loans expended by SOB. 644.-
600 The actual cash gain of $4,9SS.OOO
was in line with general estimates, Actu-
al reserves decreased by a little over
81. 800. 600 Non-member institutions which
last week threw the burden of loans
upon the clearing house. this week eff
fected another contraction Of that item.
Today's bond market was steady, with
moderate sales. the aggregate amount,
par value. being $476,OOO.
United States IS coupon and the IS
and 4s coupon and registered declined
q on call during the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
COTTONSE'ED OIL.

NEW YORK. jane 15.-The cottonseed
oil market was easy in the absence Of de-
mand and In sympathy with lard and cot
ton The weakness I'm grain also influ-
enced prices. but moderate covering
checked the decline. Closing prices We're
/ to points net lower. June. 6.s0a6.95;
July, 6S9a6.91; August. 6.g9a7.o0; Septem-
Der. 7.OOa7 10; October, 7.O7a7OS; Novem-
ber 663a6.65: prime crude nominal.
prime summer yellow. 6.S0a7.15: prime
winter yellow, 7.OOa1.S0; do. summer
white 6oOa7 50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
DRY GOODS MARKET.

NEW YORK. June 15.-The cotton
goods markets rule steady. with print
cloths active and advancing. Linens rule
strong. BLrlaps are uneven. There is a
fair advance business being placed on
sprinG hosiery and underwear.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
new YORK METAL MARKET.

NEW YORK, June 15.-The metal mar
kets were duh and practically nominal.
Lake copper, 171za17&; electrolytic, 17H;
casting. 16Na17h. Iron steady and un-
changed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16

July 11.56 to 11.41 August. 11.67 to
1l.52, September, 11.6s to liza; October.
11.73 to 11.6O; November, lilo to lilo;
December, 11-S9 to I'LL, January, 11.s6
to III; March, 11.9S to 11.S5; May. 12O3
To 11{E
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
To Build Life-Saving Stations.

The contract for the construction OF tho
Poyners Hill and Mays Head Iife-saving
stations in North Carolina was awarded
by the Treasury Department today to
r. J. B. Newcombe. Manstee Mich, at
SI67T7 lowest of five bids.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16

Ii matters little what it is that you
want-whether a situation or a servant
"a want ad in The Star will reach the
person who will fill your need
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
WEEKS RANGE OF PRICES
Corrected to the Close of Business June IS at the
New York Stock Exchange

table weeks highest ind
Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-16
Business in Country Good.

Canvasses made (unprejudiced by spec
ulative interests) show that business gen.
orally throughout the country is good
and that the tendency is toward improve
ment. And as to the agricultural sit
uation the record is in any fair survey.
found to be very different from what the
grain SPECTATORS are proclaiming. Crops
are going to be good. condition and vol
ume both better now than reported at
any time since the start Of open growth.
Reverting as one has to continually,
to the metal trade as criterion, 1t Is
found that betterment appears in prac-
tically every branch. This is accentuat-
ed by the fact that every one Of the big
ger iron and steel manufacturing COM
panies Is planning considerable expansion
in plants and productive capacity. Hard
headed business managers do not do this
thing when there Is prospect Of recession,
much less when hard times are threaten
ing In other branches than the metal
trades the same factor appears, notably
in cotton manufacturing at the south.
In copper the Improvement registered
has become simply phenomenal Avail
able supplies show vast reduction. The
price of the metal is advanced to figures
unapproached in recent years, and they
who are quoted as trade authorities are
fOrecasting q still further substantial
rise. One element contributing to this
evolution OF the copper trade out Of
actual mining poverty. is attributable in
no slight extent to the expansion In
electrical development-incident CIV
ing new consequence from the investment
viewpoint to the securities Of manu-
featuring corporations like Westing-
house and General Electric. In one phase
of This particular improvement there may
even be discovered revival for the for
tunes Of the Allis-Chalmers Company,
which stumbled into insolvency at the
start of the year, though under the
patronage of Judge Gary and other con-
trollers Of the steel trust.