davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Pig Iron
This Is the Skirt Situation

The fashion editor Of the Woman
Home Companion says in the septembe
issue:
LET me tell you of the skirt situation
The hip fullness has surely started OF
downward course. Plated effects ar,
the style Plaits are introduced to give
the straighter figure line. but without cut
ting out any of the fullness at the skirt
edge.
Il assure you. however, there is moth
ing monotonous about the new plated
skirts There are loose plaits, pressed
plaits, side plaits. and wide and narrow
box plaits Some of these skirts are made
with yokes, and then again the plated
effect is often broken with panel.
Plated plaid skirts will be worn with
tailored jackets Of plain cloth, while vel.
vet Jackets will be worn with skirts OF
satin or broadcloth.
n 1.-The skirt with the high waist line is
here. You know l said there was ten.
dency toward empire styles.
PARASITE be particular, the house OF
Martial ct Armand-has introduced skirt
with a wide, straight front breadth
mounted up to the corsage onto a three
inch belt which fits the waist closely. .ro
the lower edge of this belt the material
is gathered over a thick cord and then
hangs perfectly straight. There are
straight side breadths. and q wide back
breadth, in which the closing is con-
cealed."
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Charles Fairchild G. Co.'S Letter

New York, September 7.-(Special. Our
market today, after many periods of hes
itaton. closed 26 to 20 points down from
the high prices OF the morning Hedge
selling was in evidence early. Liverpool
and New Orleans were also sellers. Wall
street liquidated long cotton. The only
support came from local shorts, who.
afraid of an oversold condition and
consequent sharp rally, bought from time
to time only to again become sellers
when renewed pressure. and weakness
developed. The fact that spot markets
showed a tendency to meet the decline in
futures was regarded as an unfavorable
augury. During the past year the spot
markets south have to very large ex-
tent failed to follow declines in futures.
Their willingness to meet the present
situation can be only attributed TO the
price. Sixteen-cent cotton Is a tempting
proposition. The issue was different
when spot cotton was selling at 11.50c
to 12c. The market closed at the bottom
prices of the day. January has declined
108 points. or $40 per bale since last
Friday. We think the break has gone
far enough Today's selling was largely
based on the presumption that the gov
eminent figures on cotton ginned prior
to September i would be bearish. This
is to be expected. Everyone has picked,
ginned and marketed cotton as early as
conditions allowed. Tomorrow's ginning
figures under such conditions should be
large. 1t is reasonable to suppose that
their effect was partly discounted in the
recent decline. We are of this impress
sion and favor purchases of January and
March early tomorrow. A good rally is
due.
December oil opened 10.12c; sold es4c;
closed 10.O7c. We think 1t is very cheap.
A short cotton crop appears inevitable;
seed is likely to be worth SIS per ton
shortly. December oil will sell at II or
Is cents in our opinion. We favor pur-
chases.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
COTTON PRICES SHO|
DECLINING TENDENC'
Market Closed Within
Point of the Lowest of
the Day

New Orleans. September IA declining
tendency still was maintained in the local
cotton market today. partly because of
liquidation from the long side and short
selling and partly because of the selling
OF contracts as hedges against new crops
cotton. Stimulating short offerings was
the report that much cotton was being
offered in the south on basis which
made it tenderable against October con-
tracts. Another influence which en-
couraged short sales was the belief in
bearish ginning report from the census
bureau tomorrow. The market closed
within point of the lowest of the day,
a net loss of 81 to SO points.
The opening was at a decline, LIVER
pool being lower than due and brokers
having considerable volume of over
night selling orders to fill. In the early
trading the weakest months lost about
II a bale. During the day there were
several hard spots, caused chiefly by
fresh buying from bullish traders who
characterized the decline had run its
course, but these periods did not last
long and the lowest levels were reached
near the close. The one builish feature
to attract any attention was the report
from both the eastern and western belts
that holding movement was started
among he growers
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
STOCKS DECLINE
ON HEAVY SELLING
Reading Strength Was Out
standing Feature, Reaching.
Highest Price Since May

New York, September 7.-Overex-
tended bull accounts in some of the
prominent specialties suffered more or
less depression in today's broad and
active market, while coppers. petrol
Gums, tobaccos and numerous minor
Issues pursued a contrary course.
There was heavy selling of the Mer-
camille Marines. the common making
an extreme decline of 2 points, with 2
points for the preferred. United Fruit
forfeited points, but Pacific Mail, con-
trolled by marine interests, made a
gross gain of Az points.
United States Steel reflected steady
realizing for profits on yesterdays ad-
vance to a new record, though losing
only half point on the day, but Kelly
Springfield tire, one of the strongest
issues of the motor group. broke 4
points to s0h, only part of this decline
being regained.
Readings strength was the out
standing feature, mounting ~ to 11oA.
its highest price since last May, with
moderate activity and strength in 9TH
er coalers, New York Central, Ba1ti-
more and Ohio and New Haven. Pacif1cs
helped the movement in rails for a
time, but fell back on light offerings.
Improvement in coppers did not make
much Roadway until the final hour,
when Inspiration rose to the new rec
ord of sos, with average gains of v
points in other metals. Favorable trade
conditions and additional foreign or
ders were accepted as the primary rea-
sons for the movement.
Scarcity of the finished product &C
counted for the activity at higher prices
of the several paper issues. Interna-
tional Paper, common and preferred,
gaining from to points Munitions
and equipments were irregular at best
and motors yielded to pressure with
their accessories. Total sales of stocks
amounted to 1.o35,0oo shares.
The firmness of francs and another
reaction in marks, both on nominal
dealings, featured the exchange mar
ket
Bonds were irregular, with heavi-
ness in Rock Island debentures. Total
sales, par value, were $S,4S5,000.
United States bonds were unchanged
on call
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Live Stock

Chicago, September Hogs: Receipts,
1900; market weak, to 10c lower. Bulk,
| $40. 35Q1125; light, $40 40Q1L45; mixed, $500
II. As; heavy, s995Q11. As; rough, s9s5910 Is
pigs. S. 5oQ95o.
Cattle: Receipts, 1000; market weak.
Native beef cattle, $6.65@11.50 western
steers, IS. 40Qs.25; stockers, $4.75Q7.75; cows
AMI heifers. s3.7Oas.5O; calves. ss.50a1s.
Sheep: Receipts. 1900; market strong.
Wethers, Sc. 65@S25 ewes, s365@7.S0; lambs,
s6.s5911.1o.
Kansas City. September Hogs: Re-
ceipts. 700; market higher. Bulk, SO TOO
11.Oo; heavy, $1075q11; packers and butch
ers $1o7oq11.1o; light, s1o.759110; pigs,
s.. 75@1o.
Cattle: Receipts, 5000: market lower;
Prime fed steers, $10@11 dressed beef
steers, s725a9.75; southern steers, S.. 25a5
S25; cows. $470G7.50; heifers. $6@1050;
stockers, $6.25Q8.25; bulls. IS. 25@6 10; calves,
| Sc. 50Q11.
Sheep: Receipts, $500; market 15c to 25c
higher. Lambs. s1o7O61075; yearlings
S.6o@S.25; wethers, $7.25Q7.75; ewes, S. $50
I7.25.
st. Louis, September Hogs: Receipts,
500; market higher. Pigs and lights, $40
113o; mixed and butchers, $1O.e5d11. 40; good
heavy, s11.30911 40; bulk, $40. 75@11. IS.
Cattle: Receipts, 7600 market lower
Native beef steers, $7@11; yearlings, S. 50
@1O.25; cows, $5.50@7.75; stockers, S5.30G8;
Texas quarantine steers, s5.50@S.50; print
southern steers, sSQ9; COWS and hefers
S4.5oQS; prime yearlings. $7.50Q9; native
calves, $6Q11.75.
Sheep: Receipts. 1900: market higher
Lambs, $7q10.75; slaughter ewes, $5q7.2 IS;
bleating ewes, 9$Q10; yearlings. S6Q9.oO.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Produce Market

New York. September Butter
steady; receipts. 13.067; creamery ex-
tras. 90 score, 33@33Ac; creamery,
higher scoring, 34@34hc; firsts, BIZ
@SSc. Eggs firm: receipts. 12,72S fresh
gathered fine, 35@36c; extra firsts, "a
&S41ac; firsts, 34Q34hc. Cheese firm;
receipts, 1882; state fresh specials, 1917
Ql9c state fresh, average fancy, 1870.
Live poultry steady; broilers, 21c;
fowls. 1Shc; turkeys. 10000. Dressed
strong; chickens. 25@31c; fowls, ITO
2Sc; turkeys. 27@3.
Chicago, September 7.-Butter I'M
changed. Eggs higher; receipts. 5000
cases; firsts. 2S@261sc; ordinary frsts,
Az @25c; at mark. cases included, 20
@26c. Potatoes lower; receipts. 35 cars;
Jersey Cobblers, s1.40@1.45; Jersey
Mountains. $1.35@1.40; Jersey Giants,
$1.25 Q1.S0; Minnesota, Ohios, $1,000
1925. Poultry: Alive iger; fowls, 1SAc:
springs. 1870.
ST. Louis. September Poultry, but
ter and eggs unchanged.
Kansas City, September 7-Butter.
eggs and poultry unchanged.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Flour and Feedstuff

Self-risng flour, high grade, $S.75,
medium grade. ss.55; Tennessee flour.
$40; Michigan flour. $685. hard winter
wheat flour. sS.75; spring wheat flour.
S.15; pure wheat shorts, SIS; pure wheat
bran, $31; cotton seed meal. IN per cent,
1874; Creme cotton seed meal, s26; cotton
seed hulls, 81; lintless hulls, s1S; No. /
timothy hay, $22; new pea green alfalfa,
$24; southern alfalfa. $40; mixed alfalfa
and johnson grass, SO. Caffir corn and
milomaize, 81; No Johnson grass, $14;
wheat straw. $13. Wheat, per 100 lbs,
$3.50. Mixed feeds. SIS; No. 2 white
oats, per bushel, Csc. Corn, per busheI.
s1.15. Cornmeal per 2-bushel sack, $215;
corn chops, 100-lb. sack. $215; corn feed
meal, sS4. Poultry food. 1925 per sack;
dairy food. $31.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
N. & w. Shows Increase

New York. September 1.-The annual
report of the Norfolk and Western rail-
road for the year ending June 30. just
made public, shows gross earnings of
s57. 800 sos, an increase of $14.3l7,542 or 1881
per cent over the previous year; net earn
ings of $23.0547s6, an increase of 50, 779, 1923,
or 1896 per cent, and net income Of $20.-
624,059, an increase of $10.214,154, or 9S.12
per cent. The company paid $1.3Ss, Sc
more in dividends on the common stock.
appropriated s7,519, 1888 more for investment
in physical property and carried forward
credit balance of $16.s9O.752. which is
81, COG, 61S more than in the previous year.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
COTTON PRICES TAKE
A SEVERE DECLINE
Increased Southern Selling
Given as Reason for
Liverpool Decline

New York September 7-Reports of
continued free southern selling were fol-
lowed by a further and even severer de-
cline in the cotton market here today. De-
cember, for instance. sold off to 1896 in
the late trading. or 80 points under last
nights closing price and ia points under
the high record of last Friday. Closing
prices were easy at the lowest of the day,
or from % to 81 points under last night 3
final figures
Private cables attributed the decline in
Liverpool to increased southern selling
First prices were barely steady at a oe-
cline Of to 13 points in consequence and
the market broke some Is to 30 points be-
low last nights close before the end of
the morning. At this level offerings sub
sided and there were rallies of some IL or
is points from the lowest on covering, but
the buying was by no means aggressive
and the market developed renewed weak
ness during the middle of the afternoon,
owing to a temperance Of southern SELL
ing orders. Scattering long accounts have
doubtless been considerably reduced on
the early decline. as stop orders had been
uncovered below the 1910 level, but liqui-
odtioH AGAIN pecdIle active, with OctoDe"
selling off 1870, January to 15. 4Oc, and
March to 1850. Houses with southern
connections were sellers of October right
up to the close and the weakness in the
near-month was accompanied by rumors
that considerable cotton was moving to-
ward New York for delivery on contract.
Better weather advices and the favor
able weather belt forecast contributed to
the decline, while the trade was predict
Two hao ric h
sus bureau tomorrow morning. Reports
reached here during the early afternoon
that southern spot offerings were being
withdrawn at the decline, but the south.
ern spot market officially reported early
were generally low.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
WHEAT INFLUENCED
BYF0RE|GN REPORTS
Trade Watching Rumanian
Situation and Prices At
fected Thereby

Chicago, September 7-Renorts tba,
Greek forces had Joined with the British
ana French troops to fight the Bull
garlans led to decline in the wheat
market today, but prices later made a
rally, helped by word of Rulearian s,,,-
cesses against Rumania. The cIosa u.s
nervous to 1sc net lower with De-
eember at 1.53azc and May at 55c Corn
finished ssc off to a like advance cote
down. SG14c to A@ssc and provision .
varying from 1oc decline to a rise of 1Oc.
wheat traders appeared to be watch
ing chiefly for signs as to whether an
outlet would soon be found for tha hi.
surplus stocks piled up in Russia .rd
Humania- 1t was announced that tbera
was sufficient tonnage at present in tho
Black sea to move 10000. 900 bushels sra
that altogether 100000, 600 busba,s ra,,s
open Assertions, therefore. that Greek
troops at Saloniki had reinforced the
Ansio-French allies had an Immediate
bearing effect here. Gossip that ,o,,a
Greek export orders at New YORK. b.a
been cancelled tended also to denresa
prices. Later, however, doubt arosa &c
to whether there had been anv really
important change of the military situation
in Greece.
Bulhsh reactions later in the day failed
10 overcome entirely the previous down
turns in the wheat market. The recov-
cry, though, was still in progress wben
interrupted by the closing gong. Most
Oh the relative final strength. appeared
10 De oue to the surrender Of Rumanian
fortress and 10000 men within 50 miles of
the capital of Rumania. There was also
predictions current that the Washington
crop report would prove to be In favor
of the bulls.
Corn averaged lower with wheat. Ship
ping business to the east as restricted
by inability to obtain cars. Oats weak
ened mainly out Of sympathy with wheat
and corn. Primary movement exceeded
last weeks showing.
provisions had a downward tendency
for the most part. Packers were SELL
ers especially of lard
Future quotations were as follows.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08

to sell is on the bulges not on the
decline, and then but a little at a
time.
Futures are some 80 points discount
under spots. One of two things will
have to happen-spots decline of fu-
lures advance.
Liverpool is no criterion whatever at
present. as the differences between that
and American markets is at an alb
normal parity.
1 believe the decline has gone far
enough and that the refusal of the
country to sell at the decline will check
further bearish enthusiasm.
c. +. AVERY.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Coffee Market

New York, September 1.-The market for
coffee future was nervous and Irregular
during tcday's trading. An opening de-
cline of / to 4 points was followed by
rallies, with December selling up 20 9.40c,
and March to 955c or about points net
higher OIL covering, but the market soon
weakened under renewed liquidation and
scattering pressure which May have leen
promoted Ey talk of slightly easier firm
offers. This break carried the more ac-
tive positions into new low ground. With
December selling at 9.23c, and March at
8. 40c or about II to Is points net lower,
after which prices rallied again on re-
newed covering, with the close net 3
POINTS higher to points lower. near
months being relatively steady. Sales,
81, 900; closing bids. September, 912c; Oc-
tober, sac; November 9.35c; December,
9.35c; January, 9.40c; February, 9.44c;
March, 9.40c; April. 9.54; May, 959c; June.
$3.50; July, 9.67c. Spot coffee quiet; Rio
rs, 1Oc; Santos as. 11Mc. Cost and freight
offers were about unchanged to 20 points
lower VITA As quoted al 11.50c, London
credits
Of 80 reis in the Rio market while Santos
spots were unchanged and futures 80 to
70 reis lower. Rio exchange on London
1920 lower. The weather was fine in
Sac Paulo with temperatures ranging
from 81 to 80 degrees. Brazilian port re-
ceipts, 5000; Jundiahy $4,000 The
worlds visible increased 822,661 barrels
during August, compared with 9S6,291 last
year, making the visible of Septem-
Der, 1, S,730.3O5 against 951S,SH last year.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Gary Honored in Japan

Toxic. September 1.-The municipality
OF Toxic Wednesday gave q brilliant re-
eeption and dinner in honor Of Elbert H.
Gary of New York and Mrs. Gary. Gi1in
Okuda, mayor of Toxic. presided. The
dinner was attended by 500 notables, In
Guiding members of the cabinet. During
the dinner Mr.. Okudn proposed y toast
TO President Wilson and George w.
Guthrie, the American ambassador, pro-
posed the health OF the Emperor. After
the dinner there was an elaborate dis
play of fireworks. one Of the principal
set pieces being the entwined flags Of
Japan and the United States.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Sugar Market

New York. September THE local
market for raw sugar was f1rmer at
lsc advance on a continued good de-
mand from refiners, prompted by the
better business in granulated, both for
domestic and export account. The sales
were estimated at about $4,000 bags
of Cubas in store and prompt ship
ment at 1c, cost and freight, and 5000
bags of San Domingo sugar. At the
close there was some little sugar still
available at this level but offerings
were being pressed and the undertone
was firm. Centrifugal was quoted at
Side; molasses, 4.37c and Cubas. cost
and freight 4sc
The recent adjustment in refined
prices seemed to have stimulated the
demand to some extent and today there
was a very good business reported. 1t
was also rumored that exporters were
again In the market and during the
past few days $4,000 tons were said to
have been sold to Norway Prices were
unchanged, practically all refiners list
ing on the basis of 6.25c for fine gran
ulated.
Aside from a slight advance in the
September and October positions which
were higher on covering, owing to the
strength in the spot market the sugar
futures market was generally lower all
day. Cuban interests seemed to be SELL
ing rather freely and as the demand
was not particularly aggressive, prices
eased off, closing points higher to
points lower. Sales. $3.50 bags. Octo-
Der sold from 40S@411c, closing, Aloe;
December, 406@4.11c, closing 4.O9c;
March, S.S0@3.S5c, closing 3,79c; May
closed $3.50. July 3.s5c. closing 3.s4c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Cotton Seed Oil

New York. September 7.-Liquidation on
the weakness in lard and cotton resulted
in loss of some Is to 40 points in cotton
oil but slight reaction took place before
the close on short covering and final
prices were % to q points net lower.
Tenders of 1900 barrels were reported.
Total sales $500 barrels. Spot $3.50 bid
September. s990Qs9b; October. 10.O9Q
1918: November. $00ld1oo4 December,
1o0Ga1O.07; January, $1011q1012; Febru-
airy, sl0l59lo.30; March, s1o.3S01O.a5; April.
so. a5Q1050. Total sales, 1900.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Naval Stores

Savannah, September 7.-Turpentine,
firm, a.; sales, 2l7; receipts, $40; ship
ments. ia; stock. 2S.012.
Rosin firm; sales. s2S; receipts, 1854;
shipments. S6; stock. S1,sl4. Quote: A. B..
s.. C, d, 1882; E. 1856; f, $6.12M; f,
s612h; g, s6177a; H. $500; I, 1922; K,
ss.27ls; M. $3.50, N, sss5q6.4o; VIC, $3.50;
WV, %6.65.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Fruits and Produce
VE nlaSaIa Quota finpoN

Oranges-California, box IS.
Lemons-Imported. box $3.50.
Limes-Per 100, SIPS.
Apples-Virginia, barrel. 1850
Grapes-California malaga, crate, $500.
Pears-California Bartlett. crate, s. 80.
Plums-California red June, crate, $2.2h
Cantaloupes-Flats, 75c@$1.
Irish Potatoes-White stock, bu., SIZE.
Sweet Potatoes-Yams, bbl., 1925.
Onions-California yellows, lb., SIC.
Onions-Spanish, crate, s1s5.
Cabbage-Colorado, 31ac
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Clothing Men Confer

Cedar Point, O.. September 7.--Repre-
sentatfves of Is central states clothing
mems associations participated in con-
ference here Wednesday, a feature Of
which was a discussion Of a suggestion by
H. M. Rosenthal of Mount Vernon, O., Sec
rotary of the Ohio Retail Clothiers' asso-
citation, that all trade organizations in
the central states be merged in the in
terest of better trade conditions. The
conference will be continual tomorrow.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Bonds
Mercantile Paper

New York. September 7.--Mercantile pa.
per. 81 per cent. Sterling 6o-day bills
$4.I1A demand, $475N; cables. s4.7S 5-1s
Francs. demand, SIS; cables. 5S7N
Marks, demand 6s1s: cables. 6sE Kronen
demand. 12k; cables. 1913 Builders. de-
mand. 4oN; cables. 4oA. Lires. demand
6.46; cables, ga. Rubles demand. 50: ca
bles. 33A. Bar silver. s7H; Mexican dol
lars. b2st. Government bonds steady
railroad bonds Irregular
Time loans firmer; 60 days, 2%93 per
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
VIII Sell Cruiser Boston

Portland. Ore. Septembe r THE Uni
ted States cruiser Boston. OF tho famous
white squadron at the battle of Manila
bay, Is to be taken from Portland to the
navy yard within a week and sold to
the highest. bidder for junk.
Word to this effect was received here
today from Capt. Robert E. Coontz, COM
mandant of the navy yard. Until recent
ly. the Boston had been assigned to the
Oregon naval militia
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
ANOTHER ADVANCE IN
CREAMERY OUTPUT
Morris Avenue Dealers Re-
port Supply of Sweet Po-
tatOes Getting Better

Another advance on creamery butter
was noted yesterday afternoon on Nor
ris avenue. The product increased l
cent pound following several days
steadiness. Sweet potatoes fell 25 cents
on the bushel and dealers report the
supply getting better each day. Spot
cotton received its first reverse in sew
eral weeks yesterday when 1T lost one
fourth cent on the pound.
Today's quotations follow:
Poultry and Eggs
Commission Merchants Price.)
Guineas-55c.
Roosters-l0c per lb.
Extra Graded Eggs-30c.
Fresh Country Eggs-25c.
Turkeys-Live, 2sc; dressed. 24c.
Geese--75c. or 1sc pound.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08

New Orleans, September Both rough
and clean rice were steady today and in
good demand. Receipts: Rough, ll,S52
sacks; millers. 60s6 sacks. Sales: Rough
Honduras. 1858 sacks; Japan 4O5 sacks;
clean Honduras, 1858 pockets; Blue Rose,
$50 pockets. Quote: Rough Honduras,
a.25@sS0c; Japan, s.25G3.66c; others un-
changed.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-09-08
Bank of England Statement

London, September THE weekly state
ment OF the Bank of England shows the
following changes:
Total reserve decreased e36s, 900; circu-
lation increased liz, 900; bullion decreased
ESQ, 695; other securities increased R3. 1885,
600; other deposits increased e2.95S, 900;
public deposits decreased G142000; notes
reserve decreased s937.o0o. Government
securities unchanged
The proportion of the banks reserve TO
liability this week is 1886 per cent; last
week it was 24.91 per cent. Rate of dis
count, per cent.