davidaulloa/AmericanStories huggingface dataset:
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
BANK INQUIRY is
TO Be CONDUCTED

Washington, D. c., July 9.-Secre-
tary McAdoo before the close of the
day expects TO ask Attorney General
McReynolds to Investigate alleged ir-
regularities in connection with the
closing of the First-Second National
bank of Pittsburgh to determine
whether the national bank act has
been violated. Sufficient facts have
been collected, it is said, to warrant
immediate intervention by the depart
1;ent of justice.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
SCHWENK BREAKS
PITCHING RECORD

Saginaw, Mich, July 9.-"Lefty"
SchwAsnck of the local South Michigan
league team has just hung up a record
.unequalIed in recent years in organiz-
ed baseball. In four days he pitched
four full, games and finished another.
SO innings in all. He struck out 80
men and allowed u hits, which netted
his opponets seven runs.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
President Plays Golf.

Hanover, n. H., July 9.-President
Wilson played golf this afternoon on
the Dartmouth links. He was in good
playing form and drove a long high
over the difficult bunkers. DR.. Gray
son, his physician, accompanied him.
No one else was on the course except
secret service men and chauffeuTs,
who took turns as caddies.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
COMBS GAINING
AFTER OPERATION

Paris, July 9.-The condition of
William F. McCombs, chairman of the
democratic national committee, who
underwent an operation for appendi-
citis yesterday, was declared today to
be the most satisfactory. In view of
his delicate constitution it will require
several weeks of complete rest before
he will be able to get about.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Woman Accuses on Death Bed.

Macon. Mo. July 9.-AIiss Myrtle
Drinkard, on her deathbed, accused
John William Nisbeth. a merchant and
former councilman of Revier, Mo, of
responsibility for her end. according
to testimony yesterday by Mrs. Ger
trude Drinkard Yocum, the young
woman's mother Mrs. Yocum testi-
fed at the preliminary hearing of
Nisbeth. who is charged with con
nectiou with Miss Drinkard's death by
Illegal operation.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Plans Road Building Bee.

Jefferson City, Mo, July 9.-Gover-
nor Major yesterday said he would
issue a proclamation soon calling on
the men of the state to devote two
days to road building during August.
The governor expects 250,000 men to
work on the roads of the state during
these two days.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
pons RepuIse moors' Attack.

Madrid, July "a report received
here says that 5000 Moors attacked the
city of Alcaaar in Morocco and also
the Spanish camps there. They were
repulsed with heavy loss. The Span
ish casualties numbered 20. The Moors
left hundreds of their dead behind
them.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
BIG ISSUE RUMOR
WEAKENS STOCKS

New York. July 9.-Rumors for i'm
pending S6O.OOO,OOO stock issue caused
liberal foreign and domestic selling of
Canadian Pacific. under which it
slumped AZ points to 2O91a, the years
lowest. Weakness became widespread,
Union Pacific, Reading and Southern
Pacific yielding a point.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Adds to Pardon Record.

Columbia, S. C., July 9.-Governor
Blease gave executive clemency TO
Is convicts yesterday and brought his
record of prisoners released from serv-
ing full sentences up to nearly 700
since he took office little more than
two years ago. Among those released
yesterday were two murderers.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Held for Woman's Murder.

Chicago, Ill, July "a formal
charge of murder was entered today
against Pano Noumo, a Macedonian
who has been held as a suspect in the
mystery surrounding the death of Mrs.
Flossie Woodruff, whose body was
found in an alley in West Madison
street several days ago.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09

has been done in this instance, are
capable of changing and have changed
the wording of a written document,
the original of which they guarded so
zealously that they failed and refused
to fulfill pledge to give me copy
thereof.
IF Mr.. Mcbride says l suggested
there would be roll call on the resi-
dence district bill amendments, pro-
vided his forces would allow the pas
sage of the German license bill, he
tells a falsehood."
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
S SOLDIERS DEAD
IN MANILA WRECK

Washington, D. c., July Six sol
diers were killed In Manila yesterday
when a flat car jumped the track and
overturned. They were Privates
Names, Koenig, Nertzinger, Paul
Wells and Hughes. All belonged to
the 95th company OF coast artillery.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
ENDEAvORERS At
26TH CONVENTION

Los Angeles, Cal, July 9.-Thirteen
special trains are scheduled to arrive
today brining 10000 delegates to the
2Gth international Christian Endeavor
convention, which begins tonight.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09

arrested here yesterday on a complaint
of Carrollton officials: Mr.. and Mrs.
McKenna of Milwaukee were married
15 years ago in Ottawa, Canada, and
have been living here ever since. They
have a 13-year-old son and 6-weeks-old
baby.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09

New York-Sixty-six Russian edu-
Gators, third of them women, were
formally welcomed at a reception Civ
en- at the city hall by Mayor Gaynor,
who told them the chief deficiency in
American educational methods was a
lack of proper technical training.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Entire Town Sick in Bed.

Avila, Spain, July Six persons
died yesterday, Is others are dying
and many more are seriously i'll in
result of eating lamb infected with
anthrax. The meat had been passed
as fit for human consumption by the
municipal veterinaries. Practically
the whole population of Flores is abed.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Copper Stocks Decrease.

New York, July "a statement of
the Copper Producers association for
June shows a decrease of stocks on
hand of 14,569,619 pounds compared
with the previous month.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
Arrested on eisamy Charge.

Milwaukee, July 9.-Michael B. Nc
legged, has a wife and three children
in Carrollton, H., in addition to a wife
and two children in Milwaukee, was
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09

Boston-A threatened strike of car
men on the Boston elevated railway
system was averted when an agree
ment was reached by representatives
of the company and the union on a
method of arbitration.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
THE WEATHER

Forecast Till p. m. Tomorrow, fer
Rock Island, Davenport, Moline
and Vicinity.
Fair tonight and Thursday, cooler
tonight, moderate winds.
Temperature at a. m, "A. High
est yesterday, 95; lowest last night, 10.
Velocity of wind at a. m, miles
per hour.
Precipitation, none.
Relative humidity at p. m, As; at
Z a. m, "A.
Stage of water, 35; a rise of y in
last "a hours.
J. NJ. SHERIER, Local FcrecasteT.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
ASTRONOMICAL EVENTS.

Evening stars: Jupiter, Mercury.
Morning stars: Saturn, Venus. Mars.
The brilliant star in meridian due
south at p m, is Antares Of constel-
latiOn ScorpiO.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
BIG CAPITAL JUMr.

Il is shown by the report that In
1908 the total capitalization Of TIE
New Haven was $4,000 900 and E.<op-
Grated a mileage Of 2.O4o. In l9l2 the
capitalization was S417.00O.OGd. an in
crease of $624 100000. Will operated
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
BRINGS BLINDISG DUST.

Muffled in dark clouds of binding
dust, the storm reached Elgin at 3:22
D. IN. 1t was followed Immediately by
rain, thunder. and lightning. The
storm came from the west. 1t broke
with a suddenness that ripped off un-
furled awnings IN the business streets
and took them sailing through the air.
The roof was blown of the Lynch
building. a two story stone building at
1926 West Chicago street. The roof
was carried across the street and
tContnued on Page Twelye.)
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09
CHARGES FORGERY.

IF the original of the alleged photo
graphic copy of statement signed by
me contains any reference to the res
idence district bill such reference is
an absolute forgery and such words
have been added since my signature
was attached thereto.
Those who have distorted facts. as
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09

Associated Press
Exclusive Wire
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-07-09

CONTINUED on Page TweIye.I
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
Unlisted Securities

SALES DECEMBER 80
Morning Session
$4,000 Santa Cruz Cement Is. 81 o
IS General Petroleum .... ~
MORNING QUOTATIONS.
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
WHEAT HARDENS;
CORN IS F|RMER.
Upward Incline Follows Open
ing Weakness in Chicago
Market

CHICAGO. Dec. 30.-Although wheat
showed some weakness at the outset
today, prices seemed inclined to
harden afterward. Opening prices
ranged from Il q &c lower to Ac adj
vance. December continued easy. but
the more active options made mod
crate gain.
Lightness in December delivery gave
hrmness to the rest of the corn mar
ket. Prices started 1s "a &c off to lie
up and steadied not far below the top
level of the opening figures.
shorts in the oats trade covered on
account of the corn bulge. When
their wants were satisfied, however,
the market relaxed.
First sales OF provisions varied from
21ac.
A setback in final quotations at
Liverpool brought about subsequent
downturn here. Reports of Canadian
freight rate reductions were denied.
and the probable removal of the wheat
duty was reiterated. The market
closed easy Is to Is q II C under last
night.
A decided reaction followed the re-
suit of free corn selling based on fine
weather. The close was weak, "a a % C
TO 1c net lower
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
|. 4, W|THDRAWs
IN FAVOR OF s. +.
This City Now Assured One
of the Ten Federal Re-
serve Banks

That San Francisco Is now assured
one of the 10 federal reserve banks
planned under the new currency act
is indicated by events of yesterday.
Locally the San Francisco Clearing
ernoon, and after passing resolutions
sent telegram to the reserve organi-
cation committee In Washington
pressing the claims of this city for a
reserve bank.
All opposition to San Francisco's
claims we're removed when representa-
tives of % Los Angeles banks held
conference in that city, also yesterday
afternoon. and after a consideration
of the plan to urge the establishment
of a reserve bank in Los Angeles de-
cided to recommend one bank upon
the Pacific coast, and that to be in
San Francisco.
The reasons given were that the
capitalization OF the Pacific coast
banks would PROBABLY require but one
federal reserve bank. and that there
be a central one. geographically.
financially and commercially. 1t was
recommended, however, that there
should be branch in Los Angeles
and one or more in the northwest.
The telegram of the San Francisco
Clearing House association follows:
At meeting of the San Francisco
Clearing House association held today
1t was resolved that the banks of San
Francisco express their desire to CO.
operate fully with the federal reserve
boards In the installation OF the new
banking and currency measure; that
they present the claims of San Fran
cisco as the commercial and financial
center of the Pacific coast to be tho
seat OF a federal reserve bank in order
60 have due regard to the convenience
enjoined by the act. whether one ar
more reserve banks are finally decided
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
MARKET WEAKENS
AFTER ADVANCES
Reading and Canadian Pacific
Lead in Both Gains and
Decline

NEW YORK. Dec 3o.-Canadian
Pacific advanced IA and Texas COM
pany 3h at the opening today. These
were the only changes of Importance.
Fluctuations among the active stocks
were unusually small. with majority
Of slight losses.
Stocks advanced generally. although
speculation for THE rise was not ag-
gresSive. Sentiment favored the long
side and the market was not influ-
enced by poor financial statements of
railroads in various sections, the re-
auctions ordered in freight rates in
the middle west and the stiffening OF
call money with the approach of the
year end.
Stocks which were foremost in yes
terday's decline, particularly Reading
and Canadian Pacific, led the advance
today. The announcement of the re-
ownership for certain stores and In
terests of the Siegel Stores corpora
ton gave the market q setback for a
time, but the recession was not Sc
we're. Bonds were steady.
Scale buying orders were met after
the list had quite a setback and they
impaired better tone. Reading was
bought in big blocks again, but there
was little life in the dealings else
where
The market closed weak. Traders
became active on the short side when
1t was seen there was no Immediate
incentive to put up prices further.
Reading. Canadian Pacific and Anal
gamated were particularly weak.
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
UNION OIL DEAL
BY ANDREW WEIR
In New Arrangement the Gen.
eral Petroleum Option Is
to Be Ignored

Los ANGELES. Dec. s0.-Negotia-
lions between Andrew Weir and r.
Illden Smith. on behalf of the West
talists and officials of the Union OIL
company relative to the transfer of
the controlling interests in the Cali
fornia oil concern had reached such
a point that, while no definite deal
mas been closed, the Following con-
sldierations loom up as strong proba-
oilities:
That. If the English syndicate is to
take over Union oil, the terms of the
Will be diSregarded
That all share holders, the Stewards,
stock holders in the two holding COM
panies, Union Petroleum and Union
holders in Union Oil, will be treated
alike.
That Union Oil and General Petro-
leum will not be merged into one
company and that the final deal. IL
the plans are contaminated, will be
In the nature OF financing Union OIL.
That, when an understanding is
reached between Andrew Weir and
the Stewards on a different basis than
tsie terms of the option, representa-
tiVes OF the minority stock holders
VIII be called into the conference be-
fore the final arrangements are made.
That. after this first step Is taken
and "a common purchase or transfer
price is agreed upon. a plan may be
submitted to the various stock hold
ers in the Union group whereby they
may upon their option, transfer their
stock for either stocks or bonds Of the
newly organized English syndicate.
These possibilities do not come as
an announcement from the English
capitalists a they refuse to give out
any authoritative statement relative
10 the negotiations pending, and the
ofilcials of the Union Oil company
likewise are reticent as to giving out
definite Information until something
definite is arrived at.
Local fnanciers who are close to
the dealings state that the negotia-
tions are along these geDeral lines.
In speaking OF the present status of
the deal tonight President Lyman
Stewart of the Union OIL company
said:
IF another deal. aside from the
option, goes through all shareholders
VIII be treated alike
Then the option may be abrogated
and new agreement entered into?'
he was asked.
THAT is among the possibilities,
was the reply.
1t was reported in financial circles
today that Captain John Barneson Of
the General Petroleum company was
acting with Andrew Weir and Tilden
Smith on behalf of the western
Ocean syndicate 10 put through q
deal with bankers representing the
minority stock holders of the Union
Oil 1t was said that agents of the
minority stock holders were asked to
PROFOUND an offer for their minority
stock on a basis of exchange for
shares in the new English holding
corporation for General Petroleum.
This was denied by Mr.. Barneson to-
night.
1t is stated that Andrew Weir and
his associates will probably take no
definite and final steps in the Union
OH matter until they know how their
proposition to the share holders Of
General Petroleum is TO work out,
which will be within two weeks.
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
BRooMHALL,s GRAIN CABLES
REAL ESTATE TRANSACTIONS

August F. Ref to Elizabeth A. Ref. lot
IN line Of Mission street, Is n Of Nineteenth,
% by Z 100.
william $. Ancen to Stephen william An
cell. lot In line OF Costa street IT'S z Of
Brewster. E PISS by 70: $40.
Stephen William Ancen and wife to Louis
B. Harder. same; $50.
Carl Julius Giflesen TO Daniel j. Coleman
and wife. Iot in SW line Of Ninth avenue
Hans N. smith and wife to John s. Smith.
lot ins line Of Twenty first street, so W Of
York W Is by 100: $40
NJ s. Arndt 10 Rose Mauser lot in lire OF
Washington street. 206:3 e OF Hyde, % by
S 13T:e: $40
H. 4. Land and wife to w ]. schorgl lots
TO 90. block T. San Bruno addition; $40.
Axel Carlson to John Carlson. lot "a, block
Q Fairs subdivision Of Holly Park tract
]. c. Cleveland and wife to John r. Cole
man. lot in W line of San Bruno avenue.
237:6 S of Marlposa street. % by w 100:
Tina E. Newman TO Sarah MehaeIs. lot
at Sc ee5re q sas br 5oo as sIS and
United States National Bank Of San Fran
cisco to John e. Perry lot in line OF La
PLAYA street, 1916 of kirkham. $ . by
George P. Some and wife to william J.
WEIGH and wife: lot in \ line Of Twenty afth
David Niger and wife to Frederick L. Kredo.
Iot y. block IL. Lakeview tract; $40.
Phillip Fiscella to Fred Fisceiia. half Of lot
Oak avenue, w 100, S 50 IS. NE 1921 to
beginning: $50.
r. swayze~ to G. c. Jones ct al. lot in
line Of Seventeenth street. 80 OF Douglass,
z "a by \ 10: $40
Ew shelton to Albert wiiford. lot in W
line Of Thirty fourth avenue 100 N OF Balboa
street \ IS by w 100; $40.
George D. Shsdburne Jr. and wife to Walter
o. Bean. lot ID, block 50. Refs tract; $40.
WiThelmina Tammer 70 Eugene A. NJ.
Tamaler. lot in line OF Twenty sixth street
80 r. OF Sanchez, 53:1 by y la, and one
other piece: gift.
Estate OF Mary Preston tdeceased) to
James Lawrence OF al. LOT In line Of De
Haro street, 100 S OF Army S % by 100;
500
Fidelity and Deposit company Of Maryland
70 Jerome BarDeoud. lot IN y line OF riIbert
street 1877 g OF Buchanan, W 25 by n 10;
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
CROPS FOR 1878
EXCEED RECORDS
0FosS Commodity Production
Reaches Almost Ten Bill
lions in Value

WAsHlNGToN. Dec. 3o.-All past
tecords in crops have been exceeded
" 1913. according to the annual crop
'eport from the department of agri-
eiu ueTiae. The gross commodity pro-
-. ION value OF American farms Isl
soa at 80; 100000. 600. This is nearly
for 0'9ev,Veo more than the crop value
- LslE, itself a record year. OF
= MS huge sum. products of the soil
t,.ei hted TO S6,100.O0o, 600, while the
~ farm values of livestock
amounted to $3.50. 0o0, 900.
Z, Suuetlng crops allowed TO remain
a. lands and for consumption. the
paftment places the cash sales of
SIYps at 81, 1923, 000, 900 and the cash
10 Sstes or livestock at $2.219. 000, 900 II
- estimated that this production was
0oaeioed among approximately $780,
wv farms. This makes the cash in
tol1e per farm figure 5000. according
20 department experts, who have en-
paoyed 144.564 farmers in all parts of
ne, ne country in tabulating these esti-
mates Here follow the various Inn
PoItant crops and stock productions
IN order of their value:
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30

BIRTHS

APPBLBAUM-In this city. December %,
1913. to the wife of Joseph H. Appelbaum.
ARRAS-In this city December 26,' 1918, 10
the wife of Adam Arras. son.
BECK-in this city. December Fl. 1918. 10
the wife Of Ferdinand Beck. SOD.
BENKLER-In this city. December Fl, 1913,
70 the wife OF Eugene Benkler. son.
,sIs e An Vie this Goa. city
BTcHAN-In this city. December 90. 1913.
10 the wife of Alexander s. Buchan,
cARAMELLo-In this city December "a.
1913, 10 the wife of Luigi Carameilo.
CARNE-In this city, December 81, 1918. to
the wife Of Ruben Csrne. daughter
cASK-In this city, December 6, 1913. to the
wife OF /. Cask. a
CIAUS0N-In this city, December 20. 1918. to
the wife Of Lauritz clauson. daughter,
to the wife Of Russell d. Demaree. a daugh
the wife OF Harold A. Druhn, daughter.
FINN-In this city. December II. 1913. to the
wife OF Joseph j. Finn. daughter
the wife Of Peter Flores daughter.
FRANCESCoNI--In this city. December 81.
1913 to the wife of Matte Francesconi.
GARCIA-In this city November Z. 1913. TO
the wife of Manuel Garcia. a son.
to the wife Of Rafsele Granardi. son.
HA WKINS-in rhis city. December "a, 1918.
TO the wife OF Iorell r. Hawkins, son.
KRANE-In this city. December "a. 1913, to
the wife of Benjamin Krane. son.
LAIB-In this city, December %. 1918, to
the wife of Joseph Laib. a daughter.
MAHAKIN-In this city, December 16. 1918,
TO the wife OF John Mahakin, daughter.
MAYLE-In this city. December 20. 1913. to
the wife Of Hiram L. Maybe. son.
MININ0S-In this city, November 4. 1913.
to the wife of Joseph Minfnos. n daughter.
PAGE-In Oakland. December %. 1918. to the
wife of Elmer E. Page, a son.
PARK-In this city. November 81. 1918. TO
the wife OF Y. s. Park, daughter.
PERRY-In this city, December %. 1918 to
the wife Of Milton T.. Perry. daughter
REES-In this city, December "a. 1913, to the
wife OF William J. Rees a SON.
RUTHER-In this city, December IL, 1918. TO
the wife of August Ruther. daughter
SHEETZ-In this city. December 81. 1918, to
the wife Of Joseph @. Sheetz. son.
SILV ERSTEIN-In this city. December 10.
1918. TO the wife of Henry SilversteiD,
daugher
SMIRCICH-In this city, December 49, 1915
to the wife Of Antony J. Smircich. son.
SUGARNAN-In this city, December %, 1913.
10 the wife of Bradford r. Sugarmau. son.
TAVEARAS-1n this city, December 10, 1918,
to the wife Of Manuel Tavearas. son.
UEBELACkER-In this city, December %.
1913, to the wife Of Anton Uebelacker,
daughter.
WALDROGEL--In this city, December 81.
1913, to the wife Of Moritz Wsldrogel.
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
Building Contracts

The president and board of trustees OF ST
Icnattus college with r. Brandein a. Co.
pew installation for ST lgnatius church. at
NE corner OF Fulton street and Parker ave
nue. I75 by 275: S12. 800.
The York Realty company with Val Franz
General work OF fitting up Of Forum club.
on first and second floors Of building known
as Press club AZ SW corner of Suffer and
Powell streets. $500.
schmiedeil Estate company with Marshall
a Stearns company and Hardwood Interior
company-W Wall beds and hardwood floors for
six story and basement class c apartment
huIIdinQ at Sc corner of Post and Leapen-
worth streets. 8 1876 by q 1916; S7,0l6.
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
MARRIAGES.

ANKER-WINDREICH-I this city. Decem-
Der rs. 1918. by Rev. Joseph Wilmer, Sig
mund Anker TO Ray Windreich, both of San
Francisco
VAN OLMONS0N-ZAGOREN this city.
December 20. 1918. by Rev. Joseph Wilmer
j. Van Solmonson to Lena Zagoren, both Of
San Francisco
The San Francisco call and post. [volume] (San Francisco, Calif.) 1913-1929, 1913-12-30
FRENCH SITUATION IMPROVES

London special to the Central
News says: The overnight state
to the effect that the government will
permit the issuance of foreign loans
to a moderate extent In advance of
the national offerings has had an en-
couraging effect in banking quarters.
This terminates the uncertainty re-
garding the governments position,
which had previously obscured the
situation"