davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-07-07
Teutons Plumber Homes,
While Disease Claims
Thousands
Populace, Enslaved,
Praying Allies Win
Refugees Report Plight
Desperate, With All
Food Seized
Especial Dispatoh to The Ty;b.ne)

Especial Dispatch to The Trib4ne)
WASHINGTON, July 6.-Rumania' g
plight is desperate, owing to the extor-
tions of the German authorities. Con-
ditions brought about after the peace
of Bucharest have resulted in famine
and pestilence, decimating the popula-
ton, according to Rumanian refugees
official dispatch from Berne to-day
says:
"Rumanians arriving at Berne from
Bucharest and Jassy are unanimous in
depicting in extremely dark colors the
situation of their country. One Of
them declared the Rumanians are re-
duced to real state Of slavery. The
agents Of the German command have
the right to enter, no matter at what
hour, private dwellings, and to seize all
that can be Of use to them.
Everything has been taken, even the
most indispensable objects of the most
humble household
Distress is becoming more and more
acute. Epidemics now have come to
add to the spectre of famine, which is
daily finding more and more victims
among the population. The Rumanian
population is decimated, and German
agents are obliged to apply to Berlin
for medical supplies and physicians.
"Rumania has only one hope left
the victory of those whom she con-
tinues to consider as her allies. In
former times there were Germanophile
Kumanlans; to-day there are none.
"A Rumanian statesman discloses the
following facts: -Nt the time Of the
signing of the preliminaries of peace a
German delegate, Professor Kriege,
New-York tribune., 1918-07-07

was charged to treat concerning certain
details with the Rumanian delsgsts,
Professor Misssr.
"To the intter's protest against the
severity of tho conditions imposed on
Rumania the German delegate replied:
DO not complain. If you knew the
peace conditions which are awaiting
your former allies you would be the
first to recognize that GermanY's treat-
msnt Of Rumania is favorable one.'
"Prof4ssor Kriege in the Reichstng
few days ago, in discussion relating
to the treatment Of prisoners Of war,
declared that Germaay would proceed
against enemy countries in the same
manner az she has proceeded against
Rumania."
New-York tribune., 1918-07-07
British Casualties
Last Week, 1886

LONDON, July 6.-British casualties
reported during the week ending to-day
reached 1885.
The losses were divided as follows:
Killed or died of wounds: Officers,
40; men. 1856.
Wounded or missing: Officers, 413;
men, 14,1S7.
These figures show a considerable
falling off in the rate of British cas-
ualties reported as compared with
those week after week during May and
June, when the effects Of the heavy
German attacks on the British front
were revealing themselves in the cas-
ualty lists. The June casualties re-
ported, for instance, averaged approx
matelv $4,000 week, and for the last
eight days in June they were more
than $1,000. The total casualties re-
ported during May were 1ss,SO2. or an
average Of more than 10000 a week.
New-York tribune., 1918-07-07
"A erica Has
$4,000 Men
On Firing Line

Continued from pnge I

been held by the Austrlans FOR long
, tlme, the Italians have made success
1ul advances over practically nine
mile front, driving the Austrians back
OF the river with the exception Of the
little area | have indicated to you"
In answer to questions, General
March said
There is nothing to give out on
the subject of Russia"
so far as our information goes, the
Germans did not use large bodies of
cavalry in the recent drive"
The use of gas in our service has
recently been consolidated, as has
been announced to the press, by or
ganizing what we call the Chemical
Warfare Service under Major General
Sibert. General Pcrshing has been
directed to make his organization con-
form to the organization adopted here.
and the Chemical Warfare Service is
the title now given to that section in
France also. In that connection the
tribute which has been paid to the fine
work Of our chemists under the
Bureau of Mines is thoroughly de-
served. They have really done un-
usually good work, but the work now
coming under one directing head will
show the fine results achieved from
unity of command everywhere"
Complete confidence in the ability
Of the Allied and American forces to
hold against any blow the Germans
can deliver characterizes military opin-
ion here. No attempt is made, how
ever, to conceal the belief that the
days Immediately ahead may be those
of the most severe fighting Of the war.
Some officers are inclined to believe
that the Italian situation is still tend
ing to hold up German OF erations in
the West.
There has been nothing to indicate
the nature Of the steps Germany may
have taken to offset the Austrian re-
verses. There are some officers who
anticipate tho appearance of consider
able German reserves in the Austrian
lines, which would influence the situa-
ton in the West.
Aside from other considerations, off
GERS are generally impressed by the
fact that Germany is being compelled
by some causes not definitely known
to allow weeks of summer weather to
pass without driving forward The time
that will remain to her during the
present year to complete the great task
she set herself when the offensive was
launched is growing short. AS it now
appears, if another drive should make
gains proportiQnate to the previous eff
forts. there would hardly remain suffi-
cent time for reorganization and re-
cuperation by the enemy for still an
other blow later, as the rainy seasons
would be close at hand.
100000 Belgians in France
WASHINGTON, July 6.-There are
between 2250OO end 24O 600 Ro1r;or
New-York tribune., 1918-07-07
Plural Vote Is Reported
Adopted by the Landta O.

WASHINGTON, July ct is re-
ported from Berlin through Switzer-
land to-day that the electoral reform
of the Prussian Landtag by establish
ment of the plural vote, which the Ger
man government is said to have pro-
nounced to be unacceptable, has been
adopted.
The project is expected to pass the
Upper Chamber
New-York tribune., 1918-07-07
Goodyear Truck Tire Service Stations
MANHATTAN:

MANHATTAN:
Henig e. SEWN III Delancey Street
Burrows & Archer, Sc No. Moore Street
Roberts Tire Co., Inc. 342 f. 18th St.
Jacob Mattern Wagon Company
215 w. 53rd Street
Standard Solid Tire Service Company
3O2 West 10th Street
The Commercial Car Tire Company
1860 Avenue A
New-York tribune., 1918-07-07
NEARBY POINTS:

Alexander ]. White
81 Warburton Ave., Yonkers
Magnus Eriksen 12Frost St.. BROOKLYN
Nelson Truck Tire e. Wheel Shon
> 137 Jefferson Ave-, BROOKLYN
J. S. Killian Auto Company
Tompkinsville, S. I.
SSanaerson S < Iait Long Island City
Queens Go. Tire & Repair Company
VIZ p Flushing, Long Island
W. K. x J. I. Callister Queens, L. /
New-York tribune., 1918-07-07
We Haze Secured
The Liberty Franchise

We have secured the franchise to
sell Liberty cars IN this territory
For sunr time we have realized that
there was a place IN our organiza-
ton for good car of moderate size
and price.
From time to time we were offered
cars which answered that drsrip-
ton SO far as size and price were
concerned. But we were never
quite satisfied as to quality-until
we considered the Liberty
This car has been ON the New York
market for two yeara.
During that time the Liberty has
occupied a position unique among
cars Of its clAssx
Whenever its rarne is spoken, It is
instantly recognized as car of I'M
questioned goodness.
When John Plurnrer. who, as
President Of Colonial Motors, Inc.
has distributed the Liberty SO sue
cessfully for two years past, dis
continued it's representation to
enter government service, we saw
our opportunity.
New-York tribune., 1918-07-07

The Classified Advertising page OF the Sun
day Tribune In q clearing house for hish.
grade real estate for sale or to let. THrn
TO II NOW and see what It offArs--Advt
New-York tribune., 1918-07-07

100000 Belgians in France
WASHINGTON, July 6.-There are
between 225,000 and 100000 Belgian
civilian refugees in France. the Belgian
Legation announced to-day
New-York tribune., 1918-07-07

And we have taken advantage of it.
Our first ride in the Liberty actually
made US revise our opinion of mod
crate sized and modestlypriced cars.
The difference in the Liberty is
Immediately noticeable in the way
it rides and drives.
You will notice it, too, no matter
how wide OF how limited your ex-
perience may have been.
Our wide experience told us in the
first ten minutes that we had en-
countered an unusual car.
We determined, however, not to be
swept off our feet.
We went at it to find out why there
should be such a difference in the
way the Liberty rides and drives.
We found. for instance, as Percy
Owen, the President of the Liberty
Company, says, that we sat in the
car instead of on it.
~
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
SUMMARY.

NEW YORK. Jan. In--Rurns Bros
inc. declared The regular quarterly dlvl-
dcnd Of II. pa cent III cash on c"mmon
stock ana l. per cent in stock. both pay
NH. February - IT, stock record Feb
ruary |.
carbon steel Company declared r"Ell-
lar dividend of six per cent on second,
preferred stock. payable July 30 TO
stock record July 81 Also regular div
idrnd of s percent on first preferred
stock. payable four per cent on March
20 to stock record March &c anil four
per cent on September 80 to stock rec
ord September %.
r!uctt Peabody and Co. has declared
REGULAR quarterly dividend al =. per
cent on common stock. payable Fchru-
arv to stock record January 81.
General Electric CO.. condensed profit
and loss account for six months ended
June 30. 1911. balance Sl9;7T6,i14. equal
IN Sl9.iS q share earned on stock.
T"Xns company five months ended No
.rcmh"r 80. 1910. surplus $ll.539.22i.
,Gual In $2n.79 share earned in five
months period.
Resources of national banks OF the
country on November 20 last $lS.Jh3.-
"u.nU0 or S3.023. 900 more than on
November u. 1916
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
TICKER. TALK

Dow Jones says: Willys-Overland di-
rectors meet for action on comn"H
dividends next Monday and X is likely
q reductin will be made from present i
per cent. rate To 6 per cent Par value
Of the shares Is So.
Company is understood 10 he carrying
q heavy inventory for this time Of year
us a result OF its preparations Tor war
work. Heavy expenditures have been
made during the year for new tools DIES
and building additions and equipment
and In addition large sums are tied up
III work in proceeds. inventories have
also been uhnormully swollen by neces-
s,iy of providing for farE" scale pro-
ductiun of low priced model which ls
scheduled this spring. Inventory aS-
gregatrs run between S30.000.nnO nnu
so 00. 900 From now on war inventor
les will h" heavily Iinuidated as produc-
ton of Cur,iss Motors and parts In
crraScS.
Wil!ys-Orcrland earned in the neigh
horhnnd Of So, 600 0nn last year bef"r"
dcd,lcting war tHNcs compared wk
s45U5.Tl9 in 1915. Were il not for
large inventories it Is prohahl" that no
change in cumIn"n disbursements would
L." ordered II :his time.
Financial News Bulletin says: In pool
channels there is Il strong tendency TO
trkc up low priced industrialS. and Cos.
sin In regard 10 the following Sr"url-
tres t. hiliSh tn an unusual degree:
International Agricultural. DiSilllrrs.
American Sumalra. American linSrGd
anu National Enam"inr.
Investment holdings If Northern Ia
c;iic sacrificed in December ar" being
taken buck now. according to inGorIna-
ton in Investment channels. which init
mate that tins policy is Incoming rather
widespread whrr" investors are able
To TAX" Suci action.
Wenllhy I!itsblrEh interests are
credited with having added Ia holdings
nl W"~tin Gh,mS" Electric stock lately
t. a substantial extent. The prospect
for this company Is such that insiders
az. claiming tar il priority over all
n,nnr electric concerns. It's physical
an,I financial positions arc declared to
iair il in ,i,r" shape for I"'a"" business.
interests which have long been friend
Is 10 Mercantile Marine preferred stock
a;., r,.p"rt,.h i$ becoming very active on
tn. lnng sid" again. 'fh" buying Is un-
I,rsInrd :" h. very good on r"crs9iuns.
and according ~ specialist gossip there
ar. orders under IN" market In take
Marine pref, rr"d un Il close scale down.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
SteeIs and ShippingS Led
the Market in UpturIl

NEW YORK. Jan. 10.-Prceis on the
stock exchange today advanced and re-
coded within q restricted area until the
inal hour. when buying Of stcels. snip
pings, and few active spccialt!cS Ell
fected numerous gains of ! TO points
Overnight developments and incidents
Of the day seemed to exert little lnnu-
ence. apart from the December report
of the United States Steel corporation.
This showed an increase Of almost 0po.-
900 tons in untitled orders and marked
the first gain since last April. when the
high record for tonnage was estap'lsheu
A very large percentage OF tho Gay
turnover was contributed by Sleels ana
affiliated industrinls. shirpings' OILS ana
war specialtirs. Rails wero unusually
anathetic, some Of the more prominent
issues Of that division remaining I'M
quoted until the last hour
United States Steel scored an extreme
advance Of otx points from Its minimum.
closing at a net gain Of a substantial
fraction. independent stcels and KIM
drcd equipments were more VARIABLE
ending at losses Of large fractions TO
point
Aov,ccs affecting the general steel and
iron industry were hardly encouraging
a number of plants being forced 10 sus-
pend because OF the lack Of fuel.
The strength OF steamship Issues OILS
and some OF the motors and accessories
resulted from a combination OF profess
sional activity and rulnnrs Of Increased
dividends Total sales amounted 10
$4,000 shares.
Bonds we're irregular and without
especial feature. Liberty 3hs changed
hands ut S9S.I6 to $3.50. first TOUR at
s9s.10 to $3.50 and seconds As At
sq662 10 s96.44, Total sales (par value)
aggregated s4.450.00Q.
United States registered As Gold is-
sues) lost n per cent on call.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
LOCAL STOCKS ARE
IN GREAT DEMAND
WHEELING STEEL AND IRON
JUMP FIVE POINTS WITH MANY
BIDS UNIFIED.
Hazel-Atlas, La Belle And Mold Ana
Foundry Also In Sharp Demand
Stock Dividends Expected

Wheeling Steel and Iron was In de-
1rand on the local market yesterday and
several hundred shares were sold. Inc
stock opened at lS5 md closed at wv
Indications are that it will go higher al
though this is the highest. point II mas
reached In twelve months
It Is no secret that its earnings have
been large. reaching approximately w.
0O0, 900 if not more. 1t is likely that de-
spite the deductions that must be made
for the excess profits tax that out OF
the sum left the directors will declare
stock dividend Of from twenty TO twenty
five percent. Other runors are current
concerning the finances OF the company
but nothing Official will DO announced
for SOno time,
Other local stocks were in demand yes
terday and there was liberal bidding FOR
shares. Hazel-Atlas closed at pa and
was in demand. 1t is expected that there
will shortly be liberal distribution OF
the. profits Of tho company through n
stock dividend,
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
NEW MARTINSVILEE

Monday morning nj her home few
miles frG'n the city. occurred the death
Of Mrs George Kcifcr. She has many
friends in. tins community who will be
grIrv.a ~ learn Of her death. which
CAM. u; II great surprise. Sh" is sur
vivcI by live sous. namely. Waiter How
ard. Obey EruC". and Attorney T.. -.
Keller. ur this city. Funeral services
were held. Tuesday afternoon nj Paden
CITY, intcrn;cni heing made in Paaen
cemetery.
Miss Dorothy Ducrr returned Monday
morning 10 oxford. Ohio wh"r" she is
attending school. after spending tn"
holidays with her parents M Maple ave-
rue.
Mrs. George Clark. Of MannIngr on.
was .callcd tn IN" city by the illness
Of her daughter. Miss Lois. who Is 4
lca cher in. the High School.
Misses E!C!sc Clark and Ncsta Swish
rr returned Sunday Ia Mnrgantnwn.
after Il two wc"ks vacation nj their
homes in this city.
Edwin Dunn is home on a furlouEh
from Camp Leo. Nn-
Misses Evelyn and Francis Schuman
and Miss Alc" O'IIaulnn were visiting
in SiStrrSviIlr Tuesday evening.
HAMMOND lTchrr is home On vaca-
zion from Tulsa. Okla. where he is en-
plOy"d.
Miss Florence Harper hns returned
from her home in Louisa Va. 10 resume
h"r duties ai the high school.
Mrs. Thomas l.rntz was called to
Pittsburgh Tuesday Ivy IN" death Of her
brother in law. Harry li0fcr.
Misses Ruth Van Camp and Ida 'Culr
and Russell Norris returned To Buck
i,nnnuu Monday after plraasnt raca-
ton.
Mra. J. j.. MrCaskry attended the
funeral services OF Mrs. George. kcifer
IN rldcn city Tuesday.
Mrs. Lulu Blair who has hcen con-
fined to her homo on Maple avenue. with
illness. IS nhl" To h" out again.
MIR. and Mrs. William Quinn and
children have returned to their home In
tlarksburg after brief visit in the
city.
Lloyd Francis Ray Wharton. Charles
f.. purrr and James Skinner hnye re-
turned To the w Va. University after
a pleasant visit at their homes here.
John Lowe. Of .IackSonburg. was
visitor in the city Tuesday,.
Vim. Elack has returned 10 Mounds
willie after spending L few days with
his parents here.
Miss Louise Iohr left Sunday for Co
iumbus. where she Is attending school.
Miss Trrda Stone has returned from
weeks visit in Pine Grove.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11

pipcr was called and rendered nrst 4Iu az.
Ja returned to Wheeling on No. - il's
hand was so injured that ampula'io''
was necessary.
1uet oFt.r the prayer service last week
f. -nod will social was rendered 10 inc
,,os,nr Roy. J. w. NJ. Brown. and we.
Tb, affair was planned By the Lauies
,Id The entire membership was IN,
.i,nd and notwithsta landing the yer! co'o
weather n fair sized audience was pres
an, The surprise feature OF the occa-
.inr wos the liberal donation or iru!'
and vegetables. Tie party also WEI
coined MIR. and Mrs. sherman glasgow ~
Lake street. who have prouSnt 'N
membership from south i'e''
vrry plcasant evening was spent. =,
Mr., md Mrs. W. d. Bolon entertained
ava evening last week in honor Oh the
s,ndcnts who are spending holiday Faca-
,io- hcre Among those present were
v,seea Marie Barnes, Corona Marls. GER
.rmdc Heskett, Mary Bolon. Louisa
H.rncs. Atcssrs Paul Brown, sinclair
Dnlor Clifton RoIon. Arthur Kelly anu
Granville Purdon.
NJ md Mrs. y. v. Orrison OF Maple
avenue entertained nj family dinner on
New Years day. Among those preseht
,rcrc Mr.. Orrisons parents. Mr.. ana MIS-
n Orrisun Of Morristown, and his Two
sisters.
Mrs. Homer Young Is visiting at MI
Forest Bartlett OF Stcubenrille.
Rev. J. w. NJ. Brown and wifc enter
,,incd in honor Of their son. raul OIL
ohio WESLEYAN university, pela"are.
Ohin and friend, Mr.. Granville Purdon OF
,,hilIicothc, one evening the last Oh inc
week. soa
4 number Of the gospel team ATTENDED
services nj Spnidcl. on Friday and SAT-
urday evening and assisted III the ser
vices. A., =
Revival services began Mt the NJ T.
church on Sunday with good attenaance'
. MIsss Kempsic Mck"lrey Of st. LIARS
willie visited her friend Miss Ehzapeth
NirMillen on Thursday evening.
Mr.. and Mrs. James Fulton spent fr.-
Iav anil Saturday ut Bcllairc and attend
I'D the cvansclistic service mt South hei-
lairr.
Miss Marie wilcox and Mt carleton
Jones returned to Cleveland Monday
whore they arc attending Bible school.
Harry Hcskctt has returned TO camp
sherman after Il short furlouSh mere
He has been promoted to the oIncers
cnmr. His sister. Mrs. Henry Compton,
of Mounlsviilc visited him here.
Mrs. Harley Wilson and children OF
St f'lairsyillr visited her sister Mrs
lanes Branucn. here recently.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
MANN|NGT0N

Mrs Mary Virginia Snidcr. WIDOW OF
,hr 1nte J. y. Snidcr died Al the FANNY
home in Pricrlown. Sunday, January D.
aged ~ years. after an illness or nearly
TWO wears. Dr.eascd is survived by
eight children. two sisters and one
hruthcr,. Mrs. W. r. Martin of this city
hciuC II sister. Funeral services were
held n; Brink Wednesday afternoon NJ
ono u'clurk with .intcrment at Rymer.
Undertaken f. II. IlaiE was in charge.
Private James L. Hafcr has returned
10 Camp Lee after short lurloueh
spent with his parents here.
s. s. Sturm is business Flsl'or III
Pittsburgh this week.
Mr. and Mrs. y. W. Plcpcrs ana
daughter are home from visit with
relatives in WhrclinG.
IrIul MILAN has returned 10 Pough-
krnpSic y. T.. where he is student at
the Eastman Business college.
Mr.. and Mrs. 7. J. Allan and son are
home from Z visit with relatives in New
York.
Lawrence Wilson who has been home
from Camp Lee for visit with his
parcnts returned to Petersburg last
night
Mrs. +. A. Eurt and daughters have
returned from q visit with her parents
at Chest CrtOWn, Mo.
Miss Frances Furhcc has returned TO
Weston to resume her teaching after
spcnding the holidays here.
Ray Magcc leaves tonight for Wash
ington. y. c.. where he will enlist In the
aviation corps rf the urmy.
Dale Hamilton has gone TO Cincinnati.
O.. where he expects To enlist in the
aviation service.
Robert RlodGctt is greatly improved
after q severe spell Of pneumonia.
Mrs. Geo. Ward and family have re-
turned TO their home in Weston after
spending the holidays with her parents
here.
G. B. Turner is n business visitor in
Pittsburgh.
Miss Priscilla Alden has returned
nftrr spending the holidays ut her home
in Boston. Mass.
Mrs. Vim. killcc1l. of Seattle. Wash.
Is Il guest ut the home of MIR and MIS-.
Jesse Shmp.
Mr.. Van Allan OF Mansfield. O., IL
visiting friends herr.
Born. TO Mr.. and Mrs. VIM. Escren-
bauEh. Monday. Jan. :. ~ daughter.
Born. 10 Mr.. and Mrs. Nanns Dotsnn,
at Grandvicw. Tuesday. Jan. S. n son.
Mrs. BrssIc Shirman and daughter.
Edith. have returned 10 Akron. O.. after
4 yiist with Mrs. g. e. Cuffman-
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
CLOSING STOCK LETTER.

tBv Private Wiz. tn Thr Finance CO..
NEW YORK, Jan. ln.--Prices ruled
fairly steady to-day with most OF the
list higher than yesterday. There were
times during the session when tn" mar
ktt hcc,nlc very dull. Tie Iron Age
articles on .si",.I conditions wns gcncr-
ally read aud had considerable to do
with the temporary d"rlin" III steel conf
mon stock At on" tim" This forenoon
Rumurs NJ peace negotiations con-
llnue tu stf, through quarters that
might LEND color 10 their having some
Foundations. but "" doubt very much
that there is anything tangible In IT,
The market is kept going. however, on
This and other rum0rS and news.
HARRIS WINTHROP Il co.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-11
FINANCIAL COMMENT

(By Private Wire IN A. T.. Mnsicn ~ Coz
Tho market continues 10 be not only a
trading affair, but disturbing affalr
This does not mean, however. TINT thcre
could not be further quick upruShes
for, indeed, no great amount or dlstrl-
button can be accomplished unless deccp-
tive support Is furnished from time Ia
time. We would repeat to trader our
advice 10 buy Steel under 70. with stop
10 protect and sell 1t above %.
We appreciate that after u year nf de-
precision. everybody is anxious To BUY
stocks on the seasonal February rca"-
, ton. Can see no point in buying stocks
! here after an 1S-p0int rise III Steel for
instance. especially when the familiar
, trick OF dropping stocks just below their
recent highs and making them trenlcE-
hously active in II relatively narrow
range is being completed. This in the
past has always meant distribution. be-
cause II stands TO reason stocks arc no!
accumulated on the top Of 2U-point
: rise.
We believe that greater activity IN
! low-priced industrialS 1T advancing
prices will be witnessed. National En-
umel Is said 10 be earning al the rate
of about SIS IL share and the dividend
! Is likely to b. Increased 10 rrr cent
Distillers. we think has excellent specu-
lativc possibilities.
Willys-Ovcrland directors meet TO-
action on the common dividend next
, Monday. and i, is likely = reduction Will
be made from the present ]" per cent
rate TO & per cent.