davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

critjcising the conduct Of the war by
President Wilson and Secretary Baker
helped to create the. favor In which
he is held by Republican leaders: 100,
Let 1t be repeated and emphasizes u
the net Of the intimate gossip OF Re
publican leaders. 1t has no relation
whatever to what may. be Going on IN
senator Hardings mind. The next see
one else as any of these four VINO arc
put forward because Of military ca
reers in two cases: and in the other
two cases. because OF political careers
contact with military affairs.
II is certain that some Republican
leaders are going to lay before Senator
Harding the desirabili'y or having an
experienced business Adninlslra'or lot
secretary " war.
downright, 1920. by y. Y. Evening
Post. Inc.)
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

day when It was learned that foreign.
er wanted in NiaEara Fails. y. r. ON
spa Ehetti factory, was seen walking %
Market street last Friday eveninG ~
Frank Milatello, whose brother operates
the factory in Niagara Falls.
working in Martins Ferry but quit last
saturday, drew his ply ana left town,
WilAtello folloWinE him.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30
COAL PRICES LOW

This is a good time to buy several
things and one Of them Is coal. Not
very long ago. the prize Of coal was ad-
mittedly too high and a systematic eff
fort was undertaken to bring 1t down.
This has been so successful that coal
now Is considered below normal.
With a much heavier consumption OF
coal than heretofore. due to gas short
age. this low price affords consumers of
this region an opportunity to lay in q
supply at a big saving. The United
States shipping board has been quick to
take advantage OF the situation by ask
ing bids on 100000 tons, on which it
expects to save $33,5oO.OO0.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

him that the child's doom was sealed
beyond the help Of reason or enreaty.
In broken accents he stumbled from
the room and buried his face In the
clothes basket.
Copyrirht 1918 By Geo. Matthew Adams.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

It Is reported that President Wilson Is
to appoint Joe Tumulty to soft life
time Job. Probably Woodrow thinks his
secretary deserves something OF the
sort after the last eight years.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

Mrs. Harding has made a flight In
naval seaplane. Now we know our next
president will always have courageou'
support at home.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

why shouldn't the crown prince
work." asked DR.. Rudolph Breitscheld
in the course Of debate In the German
reichstag few days ago. Why not in
deed? Yet this. same remark prior to
1918 would have cost the worthy doctor
his liberty and perhaps his life.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

An airplane service IN TO be estab-
lished between New York and Canada.
What case capacity?
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

The summit Of Mount Blanc which fcll
a few days ago was OF limestone. Ho!
A big fall In building materials.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

Mexico has decided not to have any
income tax. Possibly 1t is considered
better to have some incomes first
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

For tho next month, the small boy
will develop good qualities that none
of his ancestors ever possessed.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

its library on the ground that the book
Is dull. Tho very worst thing poll
tician can do is to mako a mistake and
the worst sin Of an author Is dullness.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

England fears an Irish attack" That
might be described Us a post-facto fear
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

A little town in England has refused
to buy Mrs. Asquith's autobiography for
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

HHru-
Counties Cox CD Debs (S.) ing (R.)
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

National Political Correspondent OF the
Intelllgencer and New YORK
Evening PoSt0
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-11-30

The objections made to General Nooa
nv a few among the Republican leaders
consist chiefly Of doubts as to his tenn
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29

Alexandra $. McCamant. Coro-
ma, Lincoln county. N. M.
Third Judicial District
For District Attorney
Lee K. York, Alamogordo,
Otero county, N. M.
County Officials
For County Commissioners.
LIST District John C. West
End John Owen
Bird Newt Kemp
For Sheriff
Ed w. Harris
For County Clerk
Ralph NJ. Treat
For County Treasurer
Harry G. Norman
For County Assessor
John l.. Bryan
For County School Superinten-
dent
(Mrs.) Louise Coe
For Probate Judge
George Kimbrell
County Surveyor
Ben L. Nabours.
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29

Or mice. after you use R~at-snap.
It's a sure rodent killer. Try a PR
aud prove IT, Rats killed with Rat
sdap leave NO smell. Cats or dogs
won't touch IT, Guaranteed.
Boo size q cake) enough for pantry,
Kitchen, or cellar.
65c size q cakesl for chicken house,
coops, or small buildinOs.
81 20 size % cakesl enough for all
farm and out. buildin6s, storage build
ings, or factory buildings.
Sold and guaranteed by
ROLAND Bros, and Kelly 4 Son.
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29

the State Treasurer to the credit
of the fiscal year; the levy of one
mill on the dollar to be made up
on the assessed valuation of all
cattle, horses, mules and asses
within your county, the same
when collected TO be turned in to
the State Treasurer TO the credit
of the cattle indemnity fund: the
levy Of four mills on the dollar
to be made upon the assessed
valuation within the county, the
same when collected to be turned
in to the State Treasurer. to the
credit of the sheep sanitary
board; the levy of one tenth of a
mill on the dollar to be made up
on all the taxable property with
in the county, the same when
collected TO be turned in to the
State Treasurer, to the credit of
the wal certificate fund; the levy
of one half mill on the dollar to
he made upon all the taxable
property within the county, the
same when collected to be turned
in to the State Treasurer, to the
credit of the current school fund
the levy of one and one half mills
on the dollar to be made upon all
taxable property within the
county, the same when collected
to be turned in to the State
Treasurer, TO the credit Of the
state road fund.
The following levies are made
for the town Of Carrizozo, N. NJ.
on all the property within the
corporated limits: for genera
purposes the levy of three mills
on the dollar, and for health pur.
poses one and one half mills on
the dollar.
Adjourned until Monday, Nov.
Sth, 1920.
G. G.. Clements, County Clerk
By l.. l.. Miller, Deputy.
Mr. and Mrs rrnct Drabu
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29
Carrizozo School Notes
(BY SuPr. Il. u. CoLE)

the second month OF the school
year. A spirit of industry and
application to the work in hand
prevails among both pupils and
teachers. At the close of the
first fourth of the school year we
find a continuance Of good will
toward all, a spirit of comrade-
ship, an absence of strife, envy,
all things disagreeable. This is
the condition the teachers are
striving for. 1t makes school
ife happy for the pupils while
lthey are doing the work they
ought to do, 1t attracts the pups
lis and gives us an attendance
and punctuality which threat
and force could never do.
At this time, we teachers wish
to thank the parents for their
hearty cooperation and good will.
Our relations with the patrons of
the school have been most pleas.
ant. This fine spirit not only
makes school life happy for
teachers and pupils but also does
much to advance the standard of
the school and the community.
The Camp Fire Girls Hike to
Manchester, last Saturday, was
keenly enjoyed by all. They had
lots of fun" in spite of the fact
that it turned cold during the
outing. Part Of the day was
spent in climbing, and part IN
sitting around the camp fire
The girls wish to hereby express
thanks to Mrs. French, Mrs.
Garrard, Mrs. Lujan and Max
Taylor for their kindness in taxi
ing the nineteen girls and the
two guardians out to the noun
tains and bringing them back.
Misses Heron and Fordon are
the two Guardians" of the
Camp Fire Girls.
Special attention to the next
item. On November Il. IN the
high school assembly room, the
present class IN chemistry wlll
give a program demonstrating
the uses OF the physics apparatus
which was used last year by the
class in physics, we wanted to
give this entertainment last year
out could not get some Of the app
paratus in time. Some OF the
striking ANA pleasing eXper-
iments Ia physics viii be made.
some demonstrations with the
AR pump VIII he made, with the
carteslan diver, the sonomerer,
the cup of tautalus. Inere wiz
be two solos: one on the singie
organ pipe, one on the aonomet-
er. A genuine sparkling machine
will furnish genuine instruction
and delight to the young. Many
curious tricks will be done with
the Toepler Holt machine. The
electro. magnet will, among sew
eral tricks, pull the hairpins
from tn- cad OF a beautiful Cir
%cassian lady. allowing ner hair
to fall over her shoulders IN rip
ping waves Of gold.
The school owns a fine little
wireless telegraph instrument
which is IN perfect working or
der and will show the principles
Of wireless telegraphy just as
well as one costing "a hundred
thousand dollars.
An artificial fountain will play
during the whole evening, show
ing that water viii rise higher
than it's source. We shall boil
water with 4 snowfall. il we
can get the suoWhal If not. we
shall boil II with cold water.
Cations whistle will prove to
you that some persons can hear
sounds that others can not hear.
The beautiful manometric flames
will be shown. by which you may
see the 256 vibrations OF the hu.
man vocal chords when middle G
Is sounded
The object of this entertain
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29
Commissioners Proceedings

Oct. 18th, 1920, Present. Robt.
II. Taylor. Chairman; w. NJ.
Sewer, Member; Augustine
Chavez, MEMBER; e. Il. Craw-
ford. Deputy Clerk.
Butchers bond of +. p. Cleg.
horn examined and approved by
the board
The following election procla-
nation was ordered to be issued.
In accordance with the Sta
ute in such case made and provi-
ded, we the Undersigned County
Commissioners within and for
the County of Lincoln, State of
New Mexico, hereby proclaim
and give notice of an election to
be held in the several precincts
of the said County, on Tuesday
the End day of November, A. ID.
1920, the object and purpose of
which is to elect persons to the
various Offices hereinafter named
and to vote upon the question of
the State Highway Bond propo-
sal for the purpose of provid-
ing funds for the construction
and improvement of State High
ways and for meeting allotments
of Federal funds made to the
State under the Act of Congress
known as the Federal Road Aid
Act" an Indebtedness of the
State of New Mexico is hereby
authorized in the sum of Two
Million Dollars.
Officers to be voted for, the
names OF the various Candidates
for each of the different offices
As the $ m e are on file in
the Office of the County Clerk
in this county, and the Post Of
flee address of each Of said can
didates where known, are as
follows:
DEMOCRATIC CANDIDATES
For Presidential Electors:
Hon. r. l. Young, Las Cruces,
Dona Ana County, N, NJ. Hon.
Severino Martinez, Black Lake,
ColfaX County, N. M. Hon.. James
b. Priddy, Portales. Roosevelt
County, NM.
For Representative in Congress
Antonio Lucero Las Vegas, San
Miguel County, N. M.
For Governor:
Richard II. Hanna, Albuquer-
que, Bernalillo County, N. M.
For Lieutenant GOVERNOR J. d.
Atwood, Roswell, Chavez County,
NM.
For Secretary Of State:
Florencio G.. de Baca, Las
Vegas, San Miguel County, n. NJ.
For Justice of Supreme Court:
Harry l.. Patton, Clovis. Curry
County, N. M.
For Commissioner Public Lands
II. l.. (HaD Kerr, Cambray,
Luna County, N. NJ.
For Attorney General
Robert G. Dow, Carlsbad, Eddy
County, N. M.
For Member Corporation Com
mission
Geo. l.. Perrin, East Vaughn.
Guadalupe County, N. NJ.
For State Treasurer
Harry Slack, Gallup. Mckinley
County, N. NJ.
For State Auditor
Carlos Manzanares, Park View.
Rio Arriha County, n. NJ,
For Supt. Public instruction
r. Upton, Alamogordo, Otero
county, N NJ.
Ffteeth Senatorial District
For State Senator
DR.. O.. H.. Jameson, Estancia,
Torrance county, N. M.
Eighteenth Senatorial District
For State Senator
Ernest M. Brickley. Carri2ozo,
Lincoln county, N. M.
Thirteenth Representative Dis.
trict
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29
REPUBLICAN CANDIDATES

+. A. Cahoon, Chaves county,
N M; Antonio Gomez, Torrance
county, N Nj; S. p Davis Jr.,
San Miguel county, IN M
For Representative to Congress
Nestor Montoya, Bernalillo
county, N
For Justice of Supreme court
Frank w. Parker, Dona An
nj county, N M
Fer Governor
Merritt C. Mechem, Socorro
county, n M
For Lieutenant. Governor
William Fl. Duckworth, Curry
county, n M
For Secretary Of State
Manuel Martinez, Union coun-
ty, N M
For State Auditor
Edward l.. Stafford, Santa Fe
county, N NJ
For State Treasurer
Charles u. Strong, Mora coun-
ty M
For Attorney General
Harry S. Bowman, Santa Fe
county n NJ
For State Superintendent of
Public instruction
John V. Conway, Santa Fe
county N M
For State Commissioner of Pub
lie Lands
Nelson A. Field, Socorro coun-
ty N M
For State Corporation CONS.
Hugh Il. Williams, Luna coun-
~ NM
Fifteenth Senatorial District
Fred II. Ayers, Estancia, Tor
rance county N M
Eighteenth Senatorial District
O. NJ. Lee, Alamogordo, N M
Thirtieth Representative District
Chas. FELTON, Grey, Oscuro,
Lincoln county N NJ
Sixteenth representative District
Henry Lutz. Carrizozo, Lin
coin county n NJ
For District Attorney, Third Jul
dicial District
J.. Benson Newell, A~lamogordo,
Otero county n NJ
County Officials
For County Commissioners
lst District A. l.. Hubert
2nd DR.. j. 4. Stone
Bird Ben lhjan
For Sheriff
r. A. Duran
For County Treasurer
William GALLAGHER
For County Clerk
win +. Coe
For County Assessor
Clement Hightower
For County School Superinten-
dent
Mrs. M. l.. Blaney
For Probate Judge
Elerdo Chavez
For County Surveyor
A. H. Harvey
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29
FARMER LABOR PARTY

N. M Donald Mckae, East Las
Vegas, N. NJ.
For Member of Congress:
A. James Mcdonald, Clayton,
N. M.
For Governor:
W. p. McGrath, Belen, N. M
For Lieutenant Governor:
Edward Schwab. Clovis. N. M.
For Justice Of the Supreme Court:
Edward d. Tittman, Hillsboro,
N. NJ.
For Secretary of State:
T, M. Boiorquez, Arrey, N. M.
For State Treasurer:
Claude Blackburn, Bellview,
N. M.
For State Auditor:
Frank J.. Ashe, C~arrizozo, MN.
For Attorney General:
Thomas f. Savage Clayton
NM.
For Commissioners, Public Lands
E. II. Stout, Gallup, N. M.
For Supt., Public Instruction
b. f. Austin, albuquerque,
N, M.
For Corp. Commissioner
James Rogers, Mountainair,
N. M.
Tho following Judges of cleo
ton for the several precincts and
the following places therein,
were selected by the Board:
The first named judge in each
precinct 10 receive the ballot box
poll books and ballots for that
precinct.
Prect. No. /, Francisco Gomez,
Romon Lujan, Fred Burleson;
Polling place, Old Court House.
Prect. No. 2, f. C. Slower.
Leopoldo Gonzales, j, S. Cox;
Polling place, School House.
Prect. No. 8, Doroteo Lucero,
Jose Barela, D. L. Hamilton
Polling place, Garcia Old Saloon.
Prect. No. A, Perfecto San
doval, r. C.. Sowder, S. A.
Pearce; Polling place, School
House.
Prect. No. 5. Estelano Sanchez,
Antelito Lueras, Jack Cleghorn;
Polling place, School House.
Prect. 6, Rumaldo Mirabal,
Apoloneo Romero, Charles Wal
ker; Polling place, School House.
Prect. No. Z, A. II. Norton,
f.. f. Haskin, V. X. Fair; Poll
ing place, Jacks Peak School
House.
Prect. No 8, Babtista Telles,
Charles d.. Mayer, John Town
send; Polling place, Paul Mayors
Livery Barn.
Prect. No. 9, Robert Hurt,
Malcor Chaves. c, C.. Merchant,
Polling place, Dance Hall.
Prect. No. 10, Rafael Sanchez,
Ike N. Wingfeld, Jose Maria
Montoya; Polling place, Sanchez
School House.
Prect. No. II, l.. r. Lamay.
Rich Hust, Ed Phngsten; Poll
ing place. Nopal Hall.
Prect. No. II, w. K. White.
Sam Kelsey, b. r. Robinson
Polling place, Angus School
House.
Prect. No. 10, A. W. Varney,
Pablo Chavez, A. J.. Atkinson
! Usual Polling place.
Prect. No. IA. r. c. Pitts,
George Spence, Ed Monroe: Pol.
ling place, Court House.
Prect. No. 10. II. E. Riddle,
Will Ed Harris, w. T, Sterling;
Polling place, School House.
Prect. No. l6, Modesto Uni.
barri, Juan Luian, j. +. Hall;
Polling place, School House.
Prect. No. II. w. h Blanch
ard, Roy Hill. Frank Ellis; Poll.
ing place, Spindle Store.
Done at Carrizozo, New Mexico,
this the 18th day of October,
A. ID. 1920.
(Signed) ROBERT H. TAYLOR.
Chairman Board of County
Commissioners.
The following Slate Levie:
| having been certified to. TO this
Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1920-10-29

Mr.. and Mrs. Ernst Prehm
and sons spent the weekend in
I'll Paso and attended the big do.
ings of the Shriners on Saturday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-03
Bank Sees Improvement

The American Exchange National
Bank in its July circular notes slow
but sure improvement in the general
situation as indicated by developments
in June. "The congestion in trans
portation continued. the most serious
factor affecting business and the vol
ume of trade, and a renewal of the out
law strike at a number of Eastern
centers," says the bank, Threatened
to undo the slight improvement re-
ported, but the intervention of the
President, who called for an early re-
port by the Railroad Labor Board, re-
lieved the tension. The demand for
credit continued heavy despite in
creascs in the discount rates of the
Federal Reserve banks and advances
in the open market rates for money,
but it was thought that settlement
of the railroad wage question would
be imm ediately reflected in improve
ment in all directions and there is no
great apprehension felt as to the ability
of the banks to meet the demands now
developing as result of the opening
of the crop moving season."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-03
Ryan's Exchange Seat
Sold to Arthur Gwynne
Member of Curb Market Firm
Pays $4,000; Ousted
Trader Silent

Inc Stock Exchange seat of Allan A.
Ryan, who was expelled by the board
of governors on June "a because of
his connection with the Stutz Motor
corner, was sold yesterday for s98 600.
Although the name of the buver was
not divulged at the exchange. it WAS
learned he is Arthur Gwynne, of
Gwynne Brothers, who are now doing
business on the Broad Street curb
market
MIR. Ryan declined to comment on
the action of the Stock Exchange in
selling his seat 1t is understood,
however, that he still intends to bring
court action against the governing
committee for wrongs alleged to have
been done to him during and as a re-
suit OF the Stutz episode.
Ryan on the big board was originally
purchased by his father, Thomas For,
tune Ryan, in 1874, when seats we're
selling around $4,000. The latter trans
ferred the seat to his son in 1905.
Early this year the high record for ex-
change seats was reached when one
sold for $4,000. In April, when Mr..
Ryan asked that the exchange accept
his resignation and that his seat be
sold, memberships were fetching
about 100000, or about the current
quotation.
Stutz Motors stock was quoted on
the curb yesterday at $50, with sale
of IS shares. This is decline Of
more than 200 points from the previ-
GUS quotations, which ranged for sew
eral weeks around ago after the shorts
settled at $50.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-03
Price Movements
Narrow ON Curb:
Trading Is Dull
Little Interest Shown by
Few in Market on Eve
of Three-Day Holiday;
Oil Issues Are Active

general exodus of brokers from
the city in preparation for the three
day holiday in the financial district
brought dulr tone to trading on the
curb market soon after the second
hour, when securities were at their
lar. recessions resulting from lack of
support.
The petroleum group was the most
active, with narrow fluctuations. Mara
caibo Oil and Mexican Panuco were
slightly stronger. while White Oil and
Simms Petroleum were firm. Midwest
Refining also was in good demand and
moved up 2 points to a new high for
the movement, closing at 148, sub
stantial advance from the figures at
which it was selling a few weeks ago.
A fair-sized short interest is believed
to have taken to cover in The up-turn.
Carib Syndicate eased off after a frac-
tional gain. Magma Oil and Refining
Company reported gross income for
May at 1921, 734. general and operating
expenses, Sal, $40, and net income,
S18O,158 The net oil production for
the month was estimated at 57,734 bar
rels from 124 wells.
In the industrial group General As
phalt was tritle easier, but support
came to the aid of several other stocks
American Pulp and Paper again
touched on active buying, and Guam
tAnamo recovered II from its drop OF
tho previous day.
A sale of thrty-five shares of Stutz
Motors stock the first in some tlme'
was reported on the curb market yes
terday. The price was quoted at $50,
q decline of more than 200 points from
the last quotations announced.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-03
Export Demand in Wheaf
Market Cires Firm ie'

Further evidences that the ~
demand for wheat was OF sun.
volume to absorb all the whea. 'l'
coming out from the farms at 'ae
ent time gave the wheat ",
a firm undertone during vests ...a
session despite tne break IN IA
grains. Crop accounts were as'
d satisfactory nature and new WIZ.
beginning to move IN the Sou'h"s
moderate volume. -. \
Close students of the sltuau0s
licve that transportation will eop,
to Oe an important factor IN w
ket and that the movement OF ,
will depend to large eS,e~
whether or not there VIII "
enough to move the grain fas'.n, u
domestic and export buyers VIII 4
it. A large number of cars nas
Gently been sent into the oo'
to move the new wheat, pas
they have made but little imP's'
on the daily receipts. ., y
1t will be remembered, howe'.n,
ing the recent effort 10 move s
the Interstate Commerce Coh',s
it required nearly month oei~s
efforts were successful and nsn
the trade had though. that the pis
been failure although even'uSI'
came out in liberal quantities
Corn-The market developed ps,ssrs
weakness and after an early -
covering. prices broke TO cen ssts n
ell and closed with only models vi
Weather and crop accounts Era y
satisfactory and while there ssit
temperatures IN portions OF the ssrse
recent rains supplied an soanrrshss]
OF damage. .xsA q
In fact the conditions were loeA ~ n
az ideal and the crop WAS said !. ID
ing rapid growth. Cash narNs~
(Continued on neAt pasS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-03
Is the Public Interested?

Opinions were at variance yesterday
regarding the extent to which the pub
lie has been attracted by the upward
movement of the last few days. One
house seemed quite certain that the
rise had been caused almost entirely
by professional traders, who may be in
the somewhat untenable position later
Of having put stocks up on themselves.
The market expert of another firm de-
clareG that the public had been in the
market for months and would be only
too willing to buy more stocks if there
were signs that they would be able to
even up on some of the issues bought
higher up. To substantiate his view
this observer said that the loan ac-
counts of several of the larger broker
age firms averaged from 80 per cent
to 100 per cent Of normal. He believed.
however, that many of the smaller
firms have reduced their loans sub
stantially since the higher discount
rates have been in effect.