davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
Big Days in Securities.

SsAe's sscr.De the activity OF the Sc
ny markets mainly 20 the speculative
'~ mat followed investment buying
= the sTsi Of the year While there is
reason Tor choosing January ! for
lnlt Nnen the tide turns. outside of
circumstance that then the heaviest
'Neid and interest payments OF the
are mace and the money market j.
- 70 'eei the importing Of funds from
"feul'ursl states. whenever there Il
1lsn under the surface the holidays
~''oe' certain 20 bring 1t 10 the top.
year 1915 began with everybody
~' Sex Of gloom There Was a
80 Tor an overturn OF sentiment ana
~shee was taken. The better feeling
s'''e ~ far as 10 bring about more
'-fehsses Of securities In two weeks
!. '''s known IN any fun month after
Ioa'e Of 1879 Speculation. says the
=" naturally followed investment
- stock Exchange 3.ssS .SSs shares OF
ave changed hands since January
a.. = ~" worth OF bonds The stock
"s SUI less than those for the
u. ,''ooing period OF last year. but the
are larger by about 100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
19ls OF The EI DAY
N WALL STREET
o,,v Banks Repaying
'V r1oc Moving Deposits
with PromptnesS.
.evrpAl MILLIONS
ALREADY RETURNED
nj the Mistakes of the Rural
Ranks Asroad-Big Days
in Securities.

. che great ease Of money.
~, .,o,her way OF saving the dull
'iS' ,gsress tie interior banks have
- y =, nav back 10 the Treasury
~ - their December mstslment
~. 80 crop moving deposits placed
q y - las. summer and fan and 10
So .~ss,srtsl hesdwsy with their
-'' testament. and this without up
80 -, money market or bringing
.,v resi.zsble construction OF
ir. rh.-. are no specific figures at
60 show how much has been PAID
~, =, n, sseooro received However
s..,.,.rv McAdoo's circular OF in
-, nrovided that Is per cent he re-
!, December and 80 per cent IN
- q i,at least probable that some
:. ~, moo or gecaoco Of the required N5.-
-, so- those two months has gone 10
..,,,,ston or IS on its way. II The sum
=. as il IS because Mr.. McAdoo has
- his requirements and not be
-, ns banks have been lacking IN
-,,nsss They have altogether too
-. MONEY on hand IN The main. 10
-, I, keep more especially when they
-. 70 rsy Z per cent on their govern
,..i funds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
VOC Exports and Europe.

a., wa tie Rand supply OF gold in
49,. ~ q e,iag cut on through the labor
,.,'.' % South Africa. the Bank OF
= 200 supply increased only $50 b.
'v''aish, and the new offerings
a. 49,. American securities in the Lon.
~ a. The Bank Of England has had
So Snsi might have been expect
NJ Ne yep rs Fate unchanged at ~ per
is,,, -. osns's own position. as shown
s.'',y' statement. is exc excellent I.' Bu,
-ssas. a., ss'o.d tina, common prudence
= e. - -, the rate be maintained untn
-, " The noath. at least. or until
'sa,..a.a hay. less n.ed for o soIs thar, Iuso
as.,'s.' When she drew $1,000 from
s.ns'r. here look for ' f"rt ineF' ss,
W., ,,. .ss within a very short time ne
ss,,' hey Sslis,. that fTan n%N w yn
sr ss,,s "a market. tn. only free one
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16

Following the delay in the announce
ment OF the declaration OF the preferred
dividend by directors OF the b. 7. Good
rich Company last month the listing COM
mittee OF the Stock Exchange yesterday
adopted new rule relative TO those cor
porations listed on the exchange. Here
after they will he required 10 publish
promptly TO bondhoIders and stockhold-
ers any action In respect TO dividends on
shares. interest on bonds. or allotment or
rights for subscription 10 securities, no.
tees thereof 10 be sent to the Stock. En-
change. and to give notice TO the Stock
Exchange AT least ten days in advance OF
the closing OF the transfer BOOKS or the
taxing OF a record OF stockholders for any
purpose"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
HEARING TO REVISE
STATE BANKING LAW
Spirited Opposition Develops to
Certain Proposals of the Van
Tuyi Commission.

Although IL was not mentioned in the
prepared statement issued by the Van
Tuyl Commission on Banking Revision
last evening, after an all-day hearing In
the Chamber Of Commerce. II was learned
that there was spirited opposition TO some
OF the changes proposed in the state law
relating to savings banks from the rep
resentatives OF the institutions In attend
ance. The executive committee Of tho
New York State Savings Bank Associa-
ton. OF which Henry A. Schenck, presi-
dent OF the Bowery Savings Bank. is
chairman, had previously drawn up. In
conjunction with tho commission. GER
tain recommendations, bur these did not
receive the full support OF the upstate
banks.
There was criticism OF the provision
that savings banks be required 10 main
tain o surplus OF at least 10 per cent. on
the ground that II would work unneces-
sary hardship.
Il was definitely determined. II was
stated, not 10 extend the present scope or
investments OF these institutions. which
means. among other things. that equip
ment trust certificates will not be eligible
for savings bank investment purposes.
James y. Manning. OF the National Saw
ings Bank OF Albany. was present az the
chairman OF the legislative committee OF
tho State Savings Bank Association. Sen
ator Henry w. Pollock. chairman OF the
Senate Committee on Banks, was also
in attendance.
In the afternoon the commission gave
a hearing 10 committee representing
the Depositors' Association OF the failed
| Union Bank OF Brooklyn. This commit
tee recommended suggestions Of drastic
nature for incorporation into the law.
No action was taken by the commission
on any OF the recommendations received.
\ and further hearings will be given to-day
10 private bankers. investment compay
nies and those seeking remedial legisA.s-
ton against loan sharks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
BRIEF WALL STREET NEWS.

Transactions for foreign account yes
terday totalled 20.oo shares. practically
all IN the buying side.
The New York Stock Exchange seat OF
John c. Shipman, OF Nelson e Shipmdh
has been posted for transfer TO Palen Nell
son, the other member OF the firm. ms
IS a partnership transfer The last sale
o: a ssat on the exchang. was at A5.G5i
Gustav Sutro and Charles 3. Macdonald
have been elected members of the New
York sock Exchange.
II is expected that the receivers OF the
81. Louis & san Francisco will within two
weeks issue part or all Of the remaining
81. $4,000 receivers certificates. The au-
thorized issue is 10000. OF which S'5p'-
90 have already been sold.
Edward B. Smith & Co. have bought
8. 900 900 Philadelphia. Baltimore & WASH
ington first mortgage per cent ponos
from the Pennsylvania Railroad. The
bonds are part OF an authorized issue OF
so COO. 90 OF which sl5O .OOo are outstand-
ing.
The New York Stock Exchange has
stricken from the list inspiration Consoh-
dated Copper Company subscription re-
RENTS for first mortgage bonds due 1872
Hallgarten & co. are shipping Slso"'
gold coin and $1,000 silver coin to Hayu
Avmar Johnson, Of Johnson WOOD
Rogers: Homer A. Latin, Of \. H. COMBS
& Co. and John Heck, OF Hogerson a
Donnen. have been admitted TO member
shin in the Curb Association.
Harold T. Leake, formerly associated
with II. b. Hollins & Co. announces the
formation Of new firm Of brokers, under
the name OF Harold T. Leake x Co. with
offices at No. 40 Wall street.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
Mexican P.troleum's Position.

i',a with the gain Of l5l in the number
F,f 49,. there are only l.lls sharehold-
y "a the Mexican Petroleum Company.
Eod part OF the preferred stock has
ave In the West-some say more than
-1loiiiy-and there was proof about z
light ago that the floating supply OF
10 N.S York was mes igible in quantity
''s' an attempt was made 10 borrow 30
sa'H for overnight in order 10 make de-
axJ on What was nominally a short
- In the face Of that fact the techni-
4 position OF the stock in the market is
witnessing 10 traders than the earn
y y the company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
Shareholders of Holding
Concern to Get $17,640,0M
in Railroads Stock.
BUT CONN. COMPANY'S
STOCK WILL BE HALVED
Amount Now Outstanding Is ST.
640,000-Wall Street Sees
Move Toward Dissolution.

Directors OF the Atlantic Coast Line
Company OF Connecticut, which controls
the Atlantic Coast Line system OF rail-
roads, announced yesterday a decision 10
recommend TO stockholders that the cap
ital stock be reduced one-half by dis
tribution from the assets Of the holding
concern.
The outstanding stock OF the Connect
cut company amounts to H7.si0.Oco; there
will be reduction to $4,000 in ex-
change for which will be delivered TO
stockholders sl7.s4o0c0 OF the railroad
company stock, or the equivalent Of the
present total capital OF the holding con
Germ. Thus. the reduction in the stock
benefits the stockholders OF the holding
company TO the extent OF half its present
capitalization.
Henry Walters is the chairman OF the
board OF directors OF the Atlantic Coast
Line properties. Following his usual Gus
TOM he refused TO make any added COM
ment as 10 the significance Of the changes
recommended. A list OF questions was
submitted TO him, among which was
whether tho entire abolition OF the hold
ing company was being considered in
view Of the opinion held in administration
circles at Washington that such com
panies are unnecessary and contrary to
the spirit OF the times. To all he wrote
the following reply:
mo further changes contemplated"
However, Wall Street believed that yes
terday's announcement by the Atlantic
Coast Line directors was likely 20 be the
forerunner Of voluntary dissolution of
the railroad company and the Louisville
& Nashville. The ownership Of 100000
OF the s60.0000 90 stock OF the latter con-
pany by the Atlantic Coast Line Com
pany is now being investigated by tine
Department OF Justice, on the GROUNDS
that they are competing lines. and hence
should be separated
Mr.. Walters will benefit most from the
proposed distribution OF assets, as he
holds personally the largest share of both
the holding and the operating companies
stock.
In addition to its stock ownership OF
the Atlantic Coast Line Railroad Com
pany the holding company owns $5,5ez,S 800 =
OF the roads bonds. The holding com
pany has always been q big dividend
payer. The record since 1900 follows:
In 1900 per cent in cash and 100 per
cent dividend paid in 100000 per cent
certificates OF indebtedness. including g.
10000 Of Atlantic Coast Line Railroad;
1901. AZ per cent: 1902. Sia per cent; 1895.
s per cent: 1904. s per cent: 1895. per cent;
1sOsJO7, 10 per cent; 1908. per cent, 1902
3 per cent; 1901. 10 per cent; since 1912.
IL per cent. A stock dividend Of 100 per
cent was paid in 1898.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
JUDGMENTS RECORDED.

The following judgments FOR amounts
exceeding 500 were filed yesterday IN
New York County, the frst name beins
that OF the debtor:
R,lienberg Samuel. solaway xt44 90
Bimberg. Bernard : II stone. sleo 81.
purvess Charles &C Becker. 500 -.
Brewster. George Va. Brewster. S5.oZ% 40
I4ukari. Antonio-J. Trella. SIP y.
Rurdewick Henry. l. Lissner. VIA ~
BARR. James-John Burke Importing Co
1873 -.
Crusius Henry M. R0wen. s2it Al
Cspuanc Joseph-Oscar schiese Nanufactur-
ing Co. si35 %.
csmeb.Il. Martin-MeNuIg Bros costs
Slo7 - -
caheney. Maynard Ak. @. sullivan, So
O4s %
Coueentiuo. ErnesfO, Gennaro. calabra-e, and
Alfonso. Alfuicts NJ. Togle. $3.50 ~.
Collet Augusf-Mestbury Park. >i,oll o3
crawford Arthur W-R + Times. &l2s =.
Dzlkov ska Nicsoria. ~ Nicktoria BryncZchy
SKI. Kwiiech s9.20t ~.
F,dclman Lena r. ksrsch, s2Sf ~
Tsser Augusta-S. LYMAN. 1856 ~.
Fakins William ca. i.udeman. $40 IS
I.lsenhardt E,iiese-W. Rich. $50 80
Felpertaum. Emil Dressner, >irf -.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
CURB OILS DROP LOWER
Profit Taking Given as Cause
of General Recession.

Trading in the curb market yesterday
again showed fair activity, but especially
in number Of the oil issues. before mid
day sharp reactions set in, supposedly on
profit taking. New jersey, after an ad-
vance of points. lost the gain and fell
further Atlantic Refining was offered
down California. New York, Prairie OIL
and Gas and Ohio Oil were also down.
United CIGAR Stores improved fraction
ally. Copper shares were slightly better
and more active. Bonds were in fair de
mand under the lead Of New York state
As
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
BRONX COUNTY JUDGMENTS.

SlO4 Al. $1,000
Fanfalik, Frank-Jacob Rupert S165 OF.
Freund, Adolph-Jacob Rupert. s4Oo Il.
Netzger Charles-A. Hell. S2II %.
Rosenberg Never Cohen ct al, 1921 SO.
Sener. Charles R.-Colwell Lead Company
$780, A..
colotaroT, Abraham-H. Green, Sl3 20
Lockwhit Company--L- Larson, 1851 y
I ocLwhlt Company and Charles II. Graham
Central Electric Supply Company, s4Ie 20;
Zerega Avenue Improvement Company ahu
Isaac L. Miller--H. T. Fowler. 81, 626 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
East St. LOU, 4 Suburban Company.

Although the East st Louis 4 Subur-
ban Company showed substantial in
crease in gross earnings for November
and for the twelve months period ended
November 80. 1913. there was A decrease
in the November surplus because Of in
creased operating expenses due 10 the
necessity for using high priced coal AT
its principal power station. which was
operated at an overload TO take care Of
new business Fifty-hve hundred horse
power 81 new business was recently taken
on by the company. and 500 horsepoW er
additional has been contracted for. No
vember gross earnings were t245.sSl, an
increase OF % per cent. while for the
twelve months ended with November they
we're $2,Ss0,5iS. a gain Of 1913 per cent,
The surplus for November was $40. 762.
loss Of y per cent, and for the twelve
months period. 81. 755. a gain OF per
cent The compsny's new power plant
Al Alton. H., with a rated capacity OF
8. zoo horsepower has just been completed
and will soon I've in full operation 1t is
thought that when all OF this additional
power supply shall become available,
operating expenses should assume nor
NAL proportions. resulting in an increased
surplus.
Dayton Power and Light Company.
The preliminary report Of the Dayton
Power and Light Company for the year
ended December 81, 1913, is as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
U. s. Treasury Finances.

Washington. Jan. i5.--The condition OF the
United states Treasury at the beginning of
business 20 day was; Net balance In general
fund. 500 i0l .0es: total receipts YESTERDAY 81
kii. 2i5. total payments vssteftsy 81. $50. $40.
The deficit this fiscal wear IA $40. o43. SIS.
against a dehcit Of $40. las. 365 last year
elusive NJ Panama Canal and public debt trans-
actions
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16

she would have to i'm London Au6 they
also expect that South America will draw
upon New York for sold transferring her
credits in London to the United States
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16

Liverpool cables: spot in good demand
sales. II UO0 bales speculation and export
900: American. 10000. Imports, llWw'
American 1000 Middling upland. Il"d.
Futures opened STEADY, ~ 10 points higher
Closed firm al a net advance OF TO y 2
points January and January-february, 20
February-Merch. G.s3i2d. March-April. $500
April-May. 6s4i3d. Msy-June, $50: June
July. 6 SOD: July-August. SEQ; Ausust-sep
TENDER s64iad September October, 6.45 nd
October-Nov.mber 636i7d November -Decein
Der. 632izd. December-Janusry and January
February. o3li.d. Manchester hrm'
cloths quiet
New Orleans. Jan. 15.-Bulish sentiment
was strong in the cotton market to-day ana
prices worked up 10 new high levels for the
movement on fresh buying for long account
III. main bullish influences were reports OF
small ginning in the period ending to-day,
better reports from the drygoods markets
higher cables than due and reports from
Texas that new crop preparations in the
early counties were from Two TO three weeks
behind the average season. Late in the
morning the advance amounted 20 10 u
points thu high OF the day. The close was
steady gain OF 10 points
Nnuh
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
PUBLIC UTILITY NOTES
General News and Earnings of
Various Corporations.

ties i'm the vicinity served By corporation
il meeting with considerable success m
Minneapolis one million dollars OF frst
mortgage bonds Of = 100000 issue Of the
Northern Mississippi River Power Com
pany are being offered in that city. and TO
date sales have exceeded expectations. in
dicatns the interest taken by the public
i'm one OF its own large industries.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
BONDS.
TORONTO STOCKS.

FURNISHED by J. J. Carew. No. " b'oad
COBALTS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16

Transa ctions for foreign account yes
terday totalled 20.o0 shares. pracucaHy
all IN the buying side.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
lNQuSI RIAlS.

Furnished by Harry E: Thompson & Co. No.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-16
Dayton Power and Lisnt Company

The preliminary report Of the Dayton
Power and Light Company for the year
ended December 81, 1918, is as follows:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-07-30
Servians Blow Up Bridge
Spanning the River Save
And Retreat Before Attack

Vienna, July 29-The Servians at
100 o'clock this morning blew up the
bridge spanning the river Save be-
tween the Austrian town of Semlin
and Belgrade. The Austrian infantry
and artillery stationed at Semlin, in
conjunction with Monitors on the Dan
ube, fired on the Servian positions be-
yond the bridge. The Servians re-
treated after a short engagement, with
trifling losses.
detachment of pioneers in coop
Grafton with the customs officers yes
terday captured two Servian steamers
laden with ammunition and mines. The
pioneers and revenue guards, after a
short, sharp encounter, overcame the
Servian crews and took possession of
the vessels and their dangerous car
goes. The captured ships were towed
away by one of the Danube steamers.
Emperor Francis Joseph will return
to Vienna from Ischl tomorrow and
may then go to Budapest, in order
to be nearer the scene of action. Pop
ular enthusiasm is growing since the
Emperors manifesto and patriotic
demonstrations are being held all over
the country. Runs on the savings
banks are diminishing.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-07-30
ONE KILLED And
TWO SERIOUSLY
HURT IN WRECK
OF LOCOMOTIVE
Fireman on Central N.
E. Scalded and Burned
To Death

Danhury, CT, July 29.-One man was
killed and two seriously injured when
a locomotive on the Central New Eng
land Railroad was wrecked today at
Holmes, n. Y, % miles west of this
city. Joseph Remington, a fireman,
was pinned against the boiler of the
locomotive and scalded and burned to
death, while two companions who mar
rowly escaped a similar fate, were I'M
able to save him because they were
disabled by their own injuries.
Rome Whitson, an engineer. al
though fearfully scalded, made his way
to Holmes station, a mile away by
alternately walking and crawling and
summoned assistance.
Whitson and Frank Cowles, flag
man, who was also badly hurt, were
taken to hospital at Fishkill, n. Y.
Both are expected to recover. The en-
CINE was running backwards through
a rock cut when it jumped the track
and damned up against a rocky side
of the defile.
The westbound track was torn up
for about 500 feet.
Remington was q years old. He is
said to leave a wife at Shoola, Pa.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-07-30

OF The GERMAN
COUNCIL MOVES
ARE WITHHELD
Public in Dark as to the
Cabinet Action and
kilograms

Berlin. July 29.-The public was anx-
iously awaiting late tonight the result
of a cabinet council held today on the
Austrian -Servian situation, but nothing
transpired to relieve the suspense. In
formation also was anxiously awaited
concerning kilograms exchanged between
Emperor William and Emperor Nicholas
but there, too, the hopes were blasted.
The public, nevertheless, still sees a
favorable augury in the exchange of tel
egrams itself.
Meanwhile, news continues to come into
Berlin regarding Russia's military meas
ures. The French embassy processes to
have assurances from the German gov
eminent that Germany would not regard
Russian mobilization on the Austrian
frontier as an absolute casus belli-assur-
ances perhaps received since Emperor
Williams return to Germany.
But the situation undoubtedly is bad
While the Reichsta Bank today decided
to leave its rate unchanged, this de-
cision is believed to have been intended
solely to avoid further alarm.
The official conference on the Aus
tro-Servian situation begun early this
evening was continued until a late
hour tonight. When it adjourned il
was announced that nothing concern
ing the conference or the results ar
rived at would be made public tonight
1t is understood that the conferees in
cluded in addition to DR.. Won Beth
mann Hollweg, the Imperial chancel-
Ter, Gottlieb Won Jagow, the foreign
minister, Admiral Won Tirpitz, min
lister of marine and one of the En-
perors aide-de-camps, a number of
the commanding generals of the Ger
man army.
1t was reported late tonight in cir
eles close to the Austrian embassy that
a mobilization of the German forces
tomorrow was highly probable. No
confirmation of this report was obtain
able.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-07-30

London July 29-The days events brought relief
diplomatic achievement restrict the
OServian those nations. The throughout
England and the continental feeling tonight distinctly
anxious than yesterday Two have made pessmsm
The direct negotiations between Russia and Austria which
the other hopes of compromise have failed
ended Russia mobzing against the
four in each of four districts consisting $780,
900 Russias resolve appears to be
fixed and the Russian has dispatches
that Russian sentiment is all for taking up arms.
manifesto by the Russian Emperor making his policy
clear expected hourly The diplomatic representatives
not yet despaired they all there still hope base
belief the fact that Germany France Great Britain Italy
the aldo war and do not
think the AustroServan quarrel important enough justify
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-07-30
TWO PROBABLY
FATALLY HURT
BY COLLISION
OF STREET CARS
Twenty-Five Injured in
Lynn Smash on
Wednesday

Lynn, Mass, July 29.-Twenty five
persons were injured. two probably
fatally, when two open cars of the
Bay State Street Railway Co, coliid
ed head on near the Peabody town line
on Broadway tonight. Elizabeth Rem
lex and Cecilia Murphy both of Pea
body. were the most seriously injur-
ed, both having skull fractures in ad-
diticn to many bruises and cuts. They
are on the dangerous list at the Lynn
hospital.
The Other Injured
Among the others injured are:
Julian Sims motorman, arms and
legs fractured.
Stephen Sportum, Peabody, motor
man. three ribs broken, cut and
bruised.
Jeanette Gaynor, Peabody, head
crushed.
George Petros, Lynn, body contus-
ions
David Cocha, Lynn. head bruised.
H. Jenny White, Lynn, face and
arms cut.
David Contouer. Lynn, cuts and
bruises.
All the injured We're taken TO the
Lynn hospital.
The cars, one Of the small four
wheeled type, and the other a larger
orc with eight wheels, met on q sharp
curve iianked by ledge. which pre-
vented the motormen from seeing each
other Many of those hurt received
their injuries from being hurled
against the ledge.
The smaller car was crowded with
operatives from the works of the Gen
eral Electric Co. at West Lynn. Most
of the injured were on that car. The
other car coming from Peabody, was
not so heavily loaded. The police es-
innate that there were over hundred
passengers on the two cars.
1t is believed that the failure OF
block signals to work caused the crash
as both motormen, according to the
police, thought they had clear
track.