davidaulloa/AmericanStories huggingface dataset:
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
Kenosha Boxing Club
Put Out of Business

CHICAGO. Oct. 13-The Kenosha
Athletic Club IL going to close its doors
and give clear way to the rival or.
gRnization.
Promoter Heating says he can not get
the crowds to patronize his bouts and
can not get the star fighters for
matches Heating probably does not
realize that to break faith with fighters
gets him in wrong with the fans Re
Gently Wildcat" Ferns battled before
his club on the promise he would get
$500 A poor house earned him only
$3.50. and when he asked for the guar
autee he was told to hunt his hole %
Then came Mike Gibbons, who signed
on the promise Of a $3.50 guarantee He
got a little more than $500
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13

T HE backfeld sul is wabbly for "a
suitable running mate. for Skies
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
Over 30 Golfers in
Memphis Tourney

MEMPHIS, TENN. Oct. 1s.-ovsr 50
players are expected to drive of next
Thursday morning for the first eighteen
holes Of the fifteenth open tournament
Of the Western Golf Association, which
is to be played over the Memphis Coun-
try Club course. 1t will be the first
tournament for the premier golfing hon
ors of the West to be played in a South
ern State. The match of "a holes VIII
be played in two days, and will be pre-
coded on Wednesday by a best bail
match, for which a $3.50 prize has been
hung up by the Memphis club. Indfca-
lions are that ideal weather will prevail
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
MCF arland Leaves
For Murphy Battle

CHICAGO, Oct. 13.-Packey McFar-
land to-day will board a RATHER for
New York. where on Friday night he
will tackle Tommy Murphy in a ten
round contest II will be McFarland's
first fight in more than six months
The long idleness has not robbed the
Chicsgoan Of any speed. science or clev-
erneSs
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
Loss 0F CODY
RUDE JOLT To
C0NM0DORES
Coach McGugin Will Have Hard
Time Finding Substitute for
the Crack Tackle.
TASHvuLlE Tenn oct. "a
n The rude Jolt handed the Com

NASHVILLE TENN oct. IA
IT,. -. ~. t.,,,7o5 ~. Cow
L '
modores oy me :. J. ~ n, ~
FuilhS oll JOSH 'oay' 'ne crack laCAie
mas, WIN Inc many ol'eI worries u
McIlgln, 50 increased ne anuei
olll co1'H "oet lhaI lHe 'a'lllilI
camp la ono 81 INC il'9. "'siil''
places on ,he tootpat map. d! Lo olo"
"ds rsleelaHy Wlcheo SINCE MCIuS III
H1a itlt eohnoent lh"l lue FORMER
het.-'' s'a' Wou'l n' p.IlI'. - -
F IeEara'" as "loeI IMAM Il prep
Senoe,.
N'tA M"IEah' ON anu HHo,'t
brown IN we me WIN '"aN, '", FoI"
"uu h'alh .'.'ilse L's'h.'u i"Ill
'uable 'front.' ana II the Euar'S' Lowe
ana fdlhaIh' ga happen 70 ne niue
zero" srdue' 'He WEAKNESS vas nor = !,
man onset by the WohderIui M"Lk OF
o.E. but now Mc,Fuslh VIII nave
10 IuS,ie L" I'II ms SAoes IN aa'Ltl1h
I'D Hi"'hS q ot'n'le-" man 10 IaNe me
pace or 'oI'lis. Murray INC Dig IS"-
iouhaer from mooney u tHe most
htoinisIhS successor 10 Guy, but ne
j. iaI from oelhE the iihiSAeu 'ackier
me hy'N'i 'oE Us, rom Lowe ana
! uluahl are Slowly pressing up tne
-hC,fuk"I system OF ue'tIlS' ana AT
laCh an" S"ii'el"N seem uhapIe -
aC4uiIe ma hel 'ouS 'HC''erlthl
WlIch is C'ru,ii"l pI'h'II'e OF the
'oih Ih"unFe Coach system ana "hlch
ooth ohensiveIy ana detenHVely Not
I,Lah on lhs Ileia po 5,, -, more
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13

vember l, Houston. Texas; November
2, Dallas, Texas; November 3, Mar
lin, Texas; November 4, Abilene.
Texas; November o, Midland. Texas
November 6. El Paso. Texas; Novem-
Der Z, Phoenix or Douglas, Ariz; No
yember and 9, Los Angeles, Cal,
November 10, San Diego Cal: No
Vember II, OXnard, Cal; November
y, Sacramento, Cal; November IL,
San Francisco; November Is. Oak
land; November II, Tacoma WASN'T
November Is, Seattle. Wash.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
.McGoorty NowC Claims
Middleweight Title

CHICAGO. Oct. 18-Eddie McGoortY
Oshkosh middleweight, through his
manager, Tommy Walsh, to-day set IN
| claim for the title in his division,
Eddie's manager argues now that Klaus
has been knocked out he no longer is
contender and that since he beat
both Klaus and Chip easily he 10 entitled
to the honor.
Eddie hopes to persuade Jimmy Cot
| roth to book him against Perroskey
and then Jimmy ClabhY
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
PLANK WILL NOT RETIRE.

PHILADELPHIA. oct. 13-Eddit
Plank, crack veteran Athletic pitcher
thirteen years a member Of Connie
Mack's crew, and close 70 40 years ",
age. has Changed his mind. He is not
going to retire He declared Saturday
morning he would quit baseball with
the close of the big series, but his win
evidently caused him TO change
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-13
CLARKE WINS TOSS.

CLEVELAND. Oct 1S.-Nanager
Clarke. OF the Pittsburg Nationals. yes
terday won the toss-up and elected to
play the seventh game of the post-sea
son series with the Cleveland Amsri-
cans, If there should be seventh game
at PittsburG next Tuesday. Tie Teams
pay II PltIsburg TODAY
The Birmingham age-herald., 1913-02-22
Bank Statement

New York, February 21.-The state
ment of the actual condition of clear
ing house banks and trust companies for
the week of five days, today shows that
they hold s13.17S,650 reserve in excess
of legal requirements. This is an in
crease of $4.226.750 from last week.
The statement follows in detail: Ac-
tual condition, loans s1.966, 963. 900. de-
crease $39. 9.235,0 900. Specie S339. .515,0 900,
decrease s4,17S.000. Legal tenders sS2,-
$4,000, decrease $4,000 Net deposits
s1S14, 907 900, decrease s34.S53.000 Cir
culation $46,393, 900. increase s113.009.
Banks cash reserve in vault s352,1 SO, 900.
Trust companies cash reserve in vault
500, ,470,000. Total cash reserve $421 $780,
900. Excess lawful reserve s13,1T3, $50.
increase s4,266.150. Trust companies re-
serve with clearing house members car
rying % per centacash reserve s54.SS9,-
600. Summary of state banks and trust
companies in Greater New York not in
cluded in clearing house statement:
Loans s57T.160,f00, increase sl,952, 100.
Speciae $64 4S69,S 500 increase s1,742,600.
Legal tenders 81 ,9o5, 400, increase $4,000.
Total deposits $6551oo,Soo, increase
$617700
The Birmingham age-herald., 1913-02-22
Weekly Cotton Statement

New Orleans, February Y.-Seeretary
Hesters weekly New Orleans Cotton eX-
change statement, issued before the close
of business today, shows a decrease in
the movement into sight compared with
the seven days ending this date last year
in round figures 10000, an increase over
the same days year before last of 5000
and an increase over the same time in 1910
of 5000.
For the 81 days of February the totals
show a decrease under last year of 59i,-
900, decrease under the same period year
before last of $1,000 and an increase over
the same time in 1910 of $4,000
Fer the ia days of the season that have
elapsed the aggregate is behind the ia
days of last year 1,257,000, ahead of the
same days year before last 1,20S,0O0 and
ahead of 1910 by 2,9s3,0oo.
The amount brought into sight during
the past week has been 200.50S bales,
against 390,214 for the seven days ending
this date last year, 1872, ,496 year before last
and 152, 265 same time in 1910: and for the
II days of February it has been 63s, il6,
against 1,232554 last year. 6s5.311 year be-
foie last and 44S,S26 same time in 1910.
The movement since September shows
receipts at all United States ports S.229,65
against 9,766,236 last year. 1907, ,497 year be-
fore last and 5966,590 same time in 1910.
Overland across the Mississippi, Ohio and
PCtCmdc rivers 10 HoflnerH Hliiis anu
Canada, 755.004 against S34,14S last year,
73o591 year before last and 610.766 same
time in 1910: interior stocks in excess OF
those held at the close of the CONNER
cial year 5s9.671, against 59o.324 last year,
5o56O2 year before last and 562, ,450 same
time in 1910; southern mills takings, ,9Dl.-
600, against 1892, ,432 last year, 1,424,024 year
before last and 1852, 434 same time in 1910,
These make the total movement for the
- ne ha ant ar,,i,a
to date 1l.475,s31 against 12, $40 last
year, 10,267,714 year before last and S,492,
240 same time in 1910.
Foreign exports for the week have been
123, 800, against 236,046 slast year, making
the total thus far for the season 6.sSi.655
against 7,57l $50 last year, decrease OF
93G,965.
The Birmingham age-herald., 1913-02-22
Weekly Cotton Review

New Orleans, February 21.-The net re-
suits OF the weeks trading in the cotton
market were a loss of II to 10 points on
the old crops. october was unchanged.
The high prices were made on Wednesday
and the low prices on Thursday. At the
highest the trading months were > to II
points over last weeks close. At the
lowest they were 10 to Is points under.
The range of prices was p to 30 points.
Toward the end of the week new bust
ness was restricted by the double hoi-
days. Washingtons birthday being OBJ
served by both American exchanges by
a complete closing down of business.
Prices displayed a sagging tendency be
cause of bearish sentiment aroused by
reports of a somewhat easier spot situa-
ton and also by bearish reports con-
cerning the new crop situation. The
continued small mill takings were also
considered to be a bearish argument of
force Takings for the week were put
at 345 900 bales, against 54l 900 this Week
last year. Because of this difference talk
nss for the season fell far behind TAX
ngs of year ago, the figures tning
500, 900 bales, against S,7s5,00o. This led 10
considerable liquidation of the long ac-
count, but short selling had been free
during the week and on the closing ses
sion the short side was inclined to
even up
In the spot department prices lost Slice
middlng closing at 12asc, against IL 9-isc
last week and 10 7-l6c this week last year
Sales on the spot amounted to 55l4 bales
against 406l last week and 800 this week
last year. Sales 10 arrive amounted 10
2319 bales, against 1886 last week and
Abs this week last year.
The Birmingham age-herald., 1913-02-22
RAINS AND SHOWS
SPREAD OVER BELT
Wheat Closes Firm IA to
3-8c LOwer-StOrms In
terfer With Orders.

Chicago, February 21.-Snow and rains
adequately spread over the belt today
more than offset the export demand for
wheat The close was firm. but Adssc
net lower. Corn finished 1sdssc higher;
oats with gain of a shade to isc, and
provisions varying from last nights level
to 71sal0c decline. Besides having a bear
ish influence on the crop outlook the
storms interferred with wire communica-
tions and were held partly responsible
for lack of orders in the pit.
Indspostion to increase commitments
previous to pair of holidays counted
developed that exporters both here and
at Omaha were still active the upturn
that resulted proved brief In addition
heavier receipts were in sight at Duluth
and there was good authority for a larger
estimate of the Surplus in Argentina Prl-
mary receipts of wheat for one day were
$4,000 bushels, against $4,000 bushels two
DAYS one year ago. Clearances of wheat
and flour eqraled 5000 bushels,
Prices of corn hardened because the
weather delayed rural sales. Big pur-
chases made here by Baltimore exporters
cut figure also in helping prices. oats
though dull reflected the strength of corn.
Renewed curtailment of the hog supply
at leading centers brought about bulge
in provisions. Demand, however, fell
and the market closed weak.
The Birmingham age-herald., 1913-02-22
Coffee Market

New York, February 21.-Coffee futures
opened steady at an advance of 2 points
on December, but generally unchanged to
. points lower in response to lower Eu-
ropean cables and little foreign sell
ing. Offerings. however. were not heavy
and the market soon became frmer on
covering of shorts, reports that some of
the larger trade interests were buying
and somewhat steadier cost and freight
offers from Brazil. Realizing caused slight
reactions in the late trading and the close
was barely steady, but from to II points
net up. Sales, 11300o. March, y 10c; April.
12.25c; May. u 40c; June, FAC; July,
y 49c; August, 12.55c; September, 1e.62c;
October, Il. .5lc; November IL. Acc; Decem-
Der and January, 12.42c.
Spot, Steady; Rio Is, 12Bc; Santos As
14ssc Mild coffee duh; Cordova, 15d17c
nominal.
Havre. 1d1A francs higher. Hamburg,
s.G1A pfennigs higher. Rio, 150 reis lower
at 7sx075. Santos, 200 reis lower: As, 7sx20o;
rs, 6sx50O. Brazilian port receipts 1S,000
against 1900 last year. Jundiahy re-
ceipts 5000. against 5000 last year. Today's
Santos cable reported As 100 reis higher at
7sx30o. Sac Paulo receipts 5000, against
1400O yesterday.
The Birmingham age-herald., 1913-02-22
New Orleans Cotton Futures

Open. High. Low CT. Bd.
The Birmingham age-herald., 1913-02-22
Worlds Visible Supply

New Orleans, February Y.-Secretary
Hesters statement of the worlds visible
supply of cotton made up from special
cable and telegraphic advices compares
the figures of this week with last week.
last year and the year before. 1t shows
decrease for the week just closed of
6SS, ,2S4, against a decrease of 1904 last
year, and decrease of 124,lSi year before
last.
The total visible is 5,GG7,sil. against
s. 1875 last week, 5.993s22 last year, and
40l3, ,3Ol year before last. OF this the total
of American cotton is 4, ,222, Sal. against
1872 125 last week, 4.S24.S22 last year, and
3.795s s0l year before last, and of all other
kinds, including Egypt, Brazil, India,
etc, $4,000 against l.SS4,000 last week.
$4,000 last year, and 1,llS,000 year before
last
The total worlds visible supply OF cot
ton as above shows a decrease compared
With last week of 6S 2Si. a decrease conf
Jared with last year of 325,9Sl, and an in
crease compared with year before last OF
754,5io.
or the worlds visible supply of cotton
as bove there is now afloat and held in
Great Britain and continental Europe
; $4,000, against 3,07S.eoo last year, and
| .. SIS 600 year before last; in Egypt, 29d,ea.
against 277 0OO last year and 25l 900 year
before last: in India, 400, against ooS,Vu
lest year and $500 year before last, and
In the United states, 1,4s2,ooo, against
2.o7l 900 last year, and i,2ss,oco year before
last.
The Birmingham age-herald., 1913-02-22
COTTON MARKET
QUIET YESTERDAY
Fluctuations Irregular-The
Close Is. Barely
Steady

New York February 9.-The cotton
market was comparatively quiet today
and fluctuations were irregular within "a
range of or 10 points. The close was
barely steady, net . points higher to 4
points lower, generally unchanged TO 4
points lower.
The opening was steady at an advance
of 8 points to decline of 3 points. Cables
were a shade better than due, and there
was a little foreign buying here, but the
market was unsettled and prices soon
eased off under Wall street selling and
other offerings, which were believed TO be
inspired by bearsh spot advices from
Memphis and New Orleans. After show
ing a net loss of from to points on
the old crop and of points ON new crop
positions, the market steadied on cover
ing. There seemed to be no particular
change in the news, but there was quite
a lot of realizing by recent sellers for over
the two day adjournment, and prices
worked a shade above the closing figures
of last night during the middle of the
afternoon. Support was not aggressive,
however. and later there was enough
realizing to cause slight recessions. The
week end figures proved to be about N
line with early estimates and the small
into sight was offset to some extent by
comparatively light spinners' takings. Pri-
vate cables from Liverpool attributed the
steadfness there to better trade in
Manchester, but there were continued re-
ports of unsatisfactory trade conditions
on the continent.
The Birmingham age-herald., 1913-02-22
WEEK END SESSION
EFA|RLY STEADY
Both Sides Display DISPOSE
tion to Even Up Over
Holidays

New Orleans February. 2.-The week
| end session in the cotton market was
| fairly steady. Both sides displayed a
disposition to even up over the holidays.
The main features about balanced each
other, although mill takngs for the week
were about as small as the bears pre-
dicted they would be, which gave the
short side the advantage on the close
Probably the net decline for the week
would have been wider. bat for the dis
position of shorts to take profits.
On the opening the tone was quiet and
prices showed a decline of 4 to points
Gables were not up to expectations and
buyers of yesterday were inclined to
iiquidate This selling was offset to some
extent by the disposition of sellers of the
early part OF the week TO take their prof
It's. weather conditions were not favor
able and promised TO continue unfavor-
able, which helped the long side for "A
while In the trading of the morning
session prices moved within a narrow
range. AT noon they were to s points
under yesterdays close. In the afternoon
the bearish weekend statistics did not
have as much effect as anticipated and
gossip of the floor was that shorts were
taking profits on large scale. At the
highest the most active months were l
TO 3 points over yesterdays final quota
tions. Tho close was steady at a net
decline of 3 to points.
The Birmingham age-herald., 1913-02-22
Weekly Interior Cotton Towns

Albany: Receipts, 96; shipments, So;
stock, 1864.
Athens: Receipts, 119; shipments, 1886;
stock, 2S,0l1.
Atlanta: Receipts, 92s; shipments. e1Sl
stock, 18,S4S.
Brenham: Receipts, 191; shipments, 200;
stock, 1473.
Charlotte Steady: middling. 121Ac; re-
ceipts, Sc; shipments, So.
Coumbia Receipts, 1885, shipments,
99S; stock, 32,035.
Columbus. Ga: Quiet; midnlng 12lsc
receipts. $40; shipments, 1900; sales, 1900;
stock, %, 396.
Columbus Miss: Receipts, 355; ship
ments, 3iS; stock, $500.
Eufaula: Receipts, 27S; shipments. S7s;
stock, 6917.
Greenville Receipts, 3e6; shipments
III; stock, 1629.
Greenwood. S. c.: Stock, S672.
Helena; Receipts, a1; shipment. 1880;
stock, II, ,623.
Little Rock Receipts, 1923 shipments
1874; stock 39,9S7.
Macon: Receipts. sos; shipment, 80;
stock, 1926.
Meridian: Receipts, 61S; shipment, 1921;
stock, 1852.
montgomery; STEADY, mluulhB, lzc,
receipts, 59S; shipment, 1856 stock, 30,52l
Nashville: Easy; mddling, 125sc; re-
ceipts, 100 sales, 201; stock, 431.
Natchez: Receipts, .; shipment, 465;
stock, 2249
Newberry: Receipts, 100; shipment, 160.
Raleigh: Steady; middling. 12c; receipts,
1885, shipments, 100; stock, 32S.
Rome Receipts, 522; shipment $780,
stock. 1897.
Selma; Receipts, 974; shipments, 1885,
stock, 7439.
Shreveport: Receipts, s52; shipment,
1914: stock, 10. .456.
Vicksburg; Receipts. 25s; shipment, SO;
stock, 1893
Yazoo City: Receipts 36; shipments,
1921; stock, 5642.
The Birmingham age-herald., 1913-02-22
New York Cotton Futures
Port Cotton Movement

Galveston: Quiet; middling, 121ac;
net receipts, 9727; gross receipts, 9727;
sales, 100 stock, 255,20S continent,
1876: coastwise. 22S.
New Orleans: Steady; mddling. 12ss c;
net receipts. 31S7; gross receipts, 1906;
sales, 2170; stock, 1860; Great Brit
ain, 1900; continent, 1106, coastwise,
$50.
Mobile: Steady; middling, 121sc; net
receipts, 4SS; gross receipts, 1885, sales.
rs; stock, 21,161; Great Britain, 1857;
Goa stwise, 354
Savannah: Steady: middling. 12ssc;
net receipts, 1918; gross receipts, 1918;
sales. 702; stock, 95,51S coastwise. 2137.
Wilmington: Nominal; net receipts,
500; gross receipts, 500 stock 2S,054.
Norfolk: Nominal; middling, 12ssc;
net receipts, 1913; gross receipts 1913;
sales, sol; stock, 5S,479; coastwise,
1920.
Baltimore: Nominal; middling, 12$4 c;
net receipts. $50; gross receipts, 536;
stock, 1910
New York: Quiet; middling, 12.5oc;
gross receipts. 1853; sales, 800; stock
124.476; coastwise, 1876
Boston; Quiet; r,iddling, 12.50c; net
receipts, 26; gross receipts. 467S; stock
11,007.
Philadelphia: Steady; middling
12.75c; gross receipts, ~; STOCK, S5lS
BrunSNlck. NET TeCeiptS, AVVVi 6ioSH
receipts. 1000; stock, 10,0o5; coastwise,
$50.
Texas City: Net receipts, 642; gross
receipts, 642; stock, 22,5S6; coastwise,
SO.
Aransas Pass: Net receipts, $50; gross
receipts, 100; stock, 994.
jacksonville: Stock, 1922.
Newport News: Net receipts, 1O1S;
gross receipts, 1918; coastwise, 1918.
Tacoma: Net receipts, 1900; gross re-
eeipts, 1900; to Japan, 1900.
Total today, al all ports: Net, 22,411i
Great Britain, 1851; continent, 2622; ia
pan, 1900: stock, 762,S02.
Consolidated. at all ports: Net, 1l9,-
$50; Great Britain. 54,S63; France, 49,
s57; continent. 4s.607; Japan. 6676
Total since September at all ports
net S,232.764s Great Britain, 2,Sbs,9Ol
France, S92,576: continent. 2,595,462; Ja-
pan, 196,529; Mexico, 400.
The Birmingham age-herald., 1913-02-22
Hubbard Bros. & Co.'S Letter

New York, February 21.-(Speeial)
The market has been dun but steady,
showing considerable response despite
the prevailing bearish sentiment. Iiqul-
dation continues but the absorption
equals the offers and rices are prac-
tically unchanged.
The impression that the mills are
well stocked ahead of further require
ment is made an argument for lower
prices of the old crop, while the new
is looked upon more favorably as an
investment for those speculatively in
clined
The fact remains that the premium
on other crop deliveries is well main
tanned. showing no sign of decrease
and that the markets stubbornly re-
sist any marked decline, rallying "a
the present level with ease.
Trading was light with certain
evening OF contracts over the holi-
days.
Cables from abroad report better
China business
The Birmingham age-herald., 1913-02-22
FRESH TOMATOES
ON MORRIS AVENUE
Produce From Country Dis
tricts Pour In-Egg
Prices Down

Cold storage eggs are now completely
out of the market according to a dealer
on Norris avenue. The last quotations
on storage eggs was IS cents a dozen.
but there was practically no demand for
them as fresh eggs are plentiful at 20
cents a dozen That egg prices will de-
cline further before Monday is the con-
sensus of opinion amongst the Morris
avenue dealers.
Fresh supplies from the country dis
tricts continue to pour in from the farm
ers and the produce dealers have a nice.
fresh stock on hand at fair prices. Yes
terday several car loads of fresh toma-
toes from Florida came in.
The trade yesterday on Morris avenue
in all the markets continued brisk and
Indications pointed to good clean up
trade today. The past week on Morris
avenue, according to the dealers, has been
the best one so far this year. Yesterdays
corrected wholesale quotations follow:
The Birmingham age-herald., 1913-02-22
SOUTHERN PACIFIC
BREAKS BELOW PAR
The First Time Since 1908;
Stock Selling as Low
as SO

New York. February 21.-There were
n few spots in the stock market today
but the general movement was narrow
and trading dull. Speculative sentiment
remained bearish but the bears were
more wary and finding that the mar
ket Offered effective resistance, made
little effort There was no inducement
for operating on the long side and the
result was that trading fell to normal
proportions at times and price move
ments were hardly worth recording.
Southern Pacific broke below par for
the first time tince 1908. Large amounts
of the stock changed hands around par
but eventually the price yielded and
sold as low as 80. Southern Pacific had
been the object of steady bear attacks
since the terms of the Hartman dis
solution were made known. Publication
of the annual report showing smaller
earnings furnished reason for selling,
although the roads earnings had long
been known.
Liquidation of inactive stocks con-
tinued, although the effect on the gen.
eral list was negligible. Weakness of
low priced railroad stocks was a fea-
ture of the dealings. Erie sold at 2S14
the bottom price since 1911. Southern,
Wabash, Wheeling and Lake Erie and
Western also We're heavy. The petrol
cum stocks declined abruptly.
The weeks liquidation of stocks was
reflected in the way of a loan con-
traction In the bank statement which
appeared today. Loans were scaled
down over S29,000,000 and although
there was an actual cash loss of $4.300.-
600 the surplus reserve was increased
by s4,226,000.
The downward tendency in the bond
market continued. Total sales, par
value, $2,005,000. United States IS, de-
clined Is and Is, coupon, 4 on call.