davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
NEWS OF FINANCIAL WORLD-NEW YORK PHILADELPHIA STOC

Interest localwise centered in the Of
iicial announcement of the United Gas
Improvement Co Of the proposed issue
OF S1b b,000,0 900 per cent cumulative
preferred stock, of which aS6,103, 900 Is
10 be issued upon the approval of the
stockholders at the annual meeting on
May 3. IL ratified, =. and it's quite GER
tain II viii be, the new stock will be
offered to the shareholders at par ut
the rate of 10 per cent of their present
holdings. = -
This not only confirmed the well de-
hned reports circulated on the Street
Yesterday. but also explained the recent
recurrent heavy liquidation Of the stock.
The management, apparently, had no
other alternative to raise funds to f.
nance improvements and betterments of
the plants of the underlying companies.
In all events, IL Is much less expen
sive policy of financing than resortipg
TO another issue Of short term notes In
view OF the present money market con :
ditions.
Samuel T. Bodine, the president of
the company, in a letter to the share
holders, frankly reviews the situation
confronting the utility corporations
throughout the country and inability
to obtain the necessary funds to perfect
the service by reason Of the abnormal
conditions in the security markets as
the result Of the after war conditions.
In plain everyday English the com :
pany virtually finds itself in n position
of being security rich and money poor.
That Is to say, the conditions of the
security markets preclude the following
of the customary policy of obtainine
the needed funds for Improvement and
betterments through the sale OF securi =
ties of the underlying companies.
preference on liquidation to par value
and accrued unpaid dividends. and is
redeemable in whole or in part at S55 q
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
PRICES SLIDE OFF AGAIN
IN LACK OF BUYING POWER
Renered Pressure Directed against the HghPrcc Special
ties and Al We're Found Vulnerable

New York. March 2.-Therc was an
other disappointing market today. At
least the professional contingent pro.
tessed to be. AS these gentlemen who
make their bread and butter in the rise
anu fall Ut security values have vir-
tually complete aud unopposed control
OF the current market, It must, there
fore, have been so.
This time il was the highly important
and favorable decision In the United
states Steel case. The over night con
slderation of the Supreme Court ruling
giving the big steel corporation q clean
bill of health gave that incident a most
Important bearing and naturally the ma
lority confidently looked for further
favorable response in the market.
The incident, however. much the
same as the experience of the historical
event of the return Of the railroads TO
their private owners Yesterday, mot with
cold indifference. Some perbsps had
overlooked Wall streets habit Of taking
profits on good news. In all events. the
market pendulum showed a strong ncl-
untiou TO swing downward. Down most
of the active stocks did 60 until the
declining movement sold the market to
a Standstiil.
Much OF tho good influence however.
Of both the return Of the railroads TO
private ownership and the steel decision
was more than counterbalaucCd by the
strained money market situation. Those
on the constructive side. although they
possibly be few. have learned it is an
expensive experience to buck the cur
rents now running so strongly against
the market. This has resulted in a
steady withdrawal of active interest
from the day to day operations, so that
the market has been left virtually in
the hands of the professionals, who
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

are satisfied to make profit on either
turn of the market. which accounts
for the conspicuous mercural character
of the fluctuations.
The maintenance Of 10 per cent re
uewal rate for call loans was n wet
blanket on the market from almost the
outset and prices began falling as soon
as business opened. Within the first
half hour of the trading, a large part
of the rally registered by the general
list in the late dealings yesterday was
Cancelled.
The heaviest selling concentrated on
Royal Dutch. Shell Trading, Mexican
Petroleum, General Motors, Crucible
Steel, American and Baldwin Iocomo.
tives, American Woolen, Hide and
Leather preferred. and Endicott John.
son. The whole industrial division,
however. was weak. while the railroads,
although selling of, put mp more resist.
ance.
Pressure against the high priced
specialties continued throughout most
of the morning. yet IL was evident. ad =.
vantage was being taken of weakness of
some OF these selected bear targets to
facilitate short covering elsewhere. This
caused moderate rallies at times, but
without sustained buying when the up.
turns occurred.
Pressure cased still further in the
afternoon and prices rallied | to 4
points. but the movement was extremely
sluggish and restricted. Investment
rails and utilities. including gas shares,
we're the only noteworthy features. pop-
ular industrials. other than oils aud
motors. showing little change.
The market driftcd aimlcssly in the
later dealings. leaders fuctuating be
tween high and low quotations of the
morning.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
STOCK MOVEMENT
VERY SLUGGISH
All Favorable Factors Neutral
lied by unyielding Character
Of Money Situation
BUSINESS COST IS RISING

New York. March =. - The New
York Evening Suns closing financial
review today says:
Trading was sluggish and price
changes unimportant in to1ays session
Of tho stock market The trend wa.
not pronounced in any direction. al.
though tendency TO repression was
10 be noted from the beginning. owing
to the unyicIding quality Of the money
situation.
Whatever other factors may develop
to influence the price list constructive
ly. they arc likely TO be neutralized IL
not entirely offset by high money rates
aud very restricted supply of loanablo
funds. whether or timC or demand. The
more stringent aspects of this position
within tho mOney market will doubtless
prevail until after the middle Of the
month whPp tax payments. state aud
national. shall have been completed
But even then real ease is scarcely
to hc anticipated since 50 many ole
mcnts contribute directly 10 a state Of
affairs in which il costs more money
10 do lrSs business perhaps than ever
before in the financial history OF the
natinU.
Car shortage and storage charge,
necessarily tic UP large sums OF monCy
and constitute only one of the cause,
of the increased cost Of doing business.
Tho advance in stock prices yesterday
following the decision of the Suprcm,
Court in the United States Steel Cor.
nOratiUu trust case was sufficiputly
rapid. il developed. TO induce no It'll,
taking Of profits today
This ".rrumStancP seemed sufficient
+" account for hcavincss in the light
turnover in Transactions Thi, ob>cr-
'ation, il should ho stated. applied
mainly to tho industrial ISSUES
As for the rails. there was some
strength displayed by the old line in
/ yestlnont shares like Southern Pacific.
Canadian Pacific, Union Pacific Read
: Ing and others. but Northern Pacific
was under pressure As were most of tho
/ miner stocks which were 80 energetic
ally bullPd last week in the process OF
/ disrountinG the return Of the railroads
| Net changes among the oils and mo
/ tors. after an carly dip OF considerable
proportions. were slight
Sentiment independently Of tho money
question was cheerful. The street feel,
good over tho fact that he railroad,
are back in the hands Of their owner,
and incidentally in tho hands Of those
vino may be regarded n experts anC
who have every incentive TO restore the
efficiency of the line. This constitutes
the h"ynUtp ~ III" financial situation.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
BULL AGGRESSIVENESS
FEATURE IN CORN PIT
Market Develops Strength Fol-
lowing Frequent Changes in
Early Session-oats Strong

GRAIN BELT WEATHER FORECAST
Chicago. March For Illinois Mis-,
souri, Wisconsin. Minnesota ana North
Dakota-Cloudv and unsettled tonight and
wednesfty, Iowa and kansss-Incrcss-
dday, colder WEDNESDAY South Dakota
md Scb-aska--Rain or snow tonight 0r
"wednesday Montana and W WIominE--
Chicago. March 2.-Brlls in corn bo-
came moro aggressive today aud the
market exhibited considerable strength.
following frequent changes carly in the
session when lOcal operators opposed
advances. Commission houses were good
buyers and shorts finally covered This
demand reached stop los, orders 20
tuy.
Among the influences that made for
higher prices were n bulIish report by
SNOW small car lot estimate. an in
different attitude on the part OF farm
Crs and the approach Of soft weather
which would put roads in the country
in bad condition for hauling.
Oats we're strong with small esti
mates on farm reserves and lack OF
offerings the feature. Local operators
sold carly. but they covered later Com
mission houses were persistent buyers.
The SPahOard reported cancellation oi
oats by France and some rcSnlPs by CX
n0rters in the East to shippers here
Some brokers credited part Of the de p
mand for futures to covering OF shorts
for Wall street.
Export business seemed to bo out o.
the question and receipts were light
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
FOREIGN EXCHANGE

New York. March = Tho foreign
exchange market opened up slightly this
morning and tb" bidding ut the start
was active and strong Demand sterling
was up 1. cents. at , 45a, and cables
about tho same, at 49,. Franc cables
wer" up : ceutime-. At lIl0, and
checks were quoted at II l..
Other quotations were:
Lire cables lS.lJ. checks 1917;
Swiss cables 612, checks GA; Bel .
Gian cables l%.4S, checks 1880: guildcr
cables 81 checks 3G7s; peseta cables
lT.5O. checks lT.tO stockholm cables
-. checks 1855, Christiania cables
1870. checks Ills: Copenhagen cables
15.@I. checks lI.lO; marks l OF.
B"comInG heavy shortly before noon.
demand sterling reacted 2lt cents in a
half hour. reaching ;. 4234 3 cents bP
low tho opening rate for the day. Sterl-
ing cables were 3I3'.. Franc cables
were 1920. checks 1922; lire cable,
1928. checks 1880 Argentina, un-
changed at l.0l.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
LOCAL INTEREST CEN7ERED
NU. G.. T. NEW STOCK ISSUE
With Mystery of Selling Pressure against the Stock Is With,
,.. drdtpn Under,Oritten BY Bankers -.

share and accrued unpaid dividend,
Oniy SO. .1O3 900 is to be issued at mi,
time. TIE balance to be issued from timo
to time when authorized by the stock.
With the mystery cleared UP, the,s
was an immediate withdrawal OF sellin,
pressure when the market opened this
morning, with a rally in the stock q
81 from yesterdays low level to par
or $50 a share. ~"
The stock, however. was freely sun.
piled on the rally, which was partly du,
to further selling, by some who believed
the new preferred stock issue fore.
shadowed reduction In the currep,
dividend rate on the present stock,
There was nothing in Mr.. Bodine's !
statement, or otherwise known, which
new policy, however, put an entirely
different angle on the company's affairs,
which heretofore was not obtainable,
which heretofore was not obtainable.
The announcement that a prominent
banking house had under written tbs
| now preferred stock issues brought an .
other rally in the afternoon lifting Tia
price to 49h.
In the balance of the local stocl,
the trading continued on same limited
scale. with prices either unchanged .,
fractionally lower. Philadelphia Rapid
Transit on small offerings fell back t,
90. Philadelphia Traction was held at
81, and Philadelphia Electric was firm
at par. Insurance Co. of North Amer.
ca warrants yielded "a to 75s. On Il,
other hand, Lake SUPERIOR Corpora.
tion declined to IT'S. American
Stores, after rcacting to 431s, made a
new high for the year at As. Amer,
can Gas was 81 higher at 90 on lin.
| tied dealings. Electric Storage BATTERY
met fresh selling in the late dealinss
declining So to 110 and rallied to 11OI
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
BUTTER, EGGS AND CHEESE

New York. March c.-BUTTER-Un.
settled. Receipts. .6ll i, tubs. Creamery. higher
than extras, 8Iia 665cI creamery extras tse-
score), cav 88ic; frsts (sS to 91-score). SO
@e3c; packing stock. current make. Ma.
EGGS-IrrcRular. Receipts, IL, ,Oas cases.
Fresh ga therod extra frsts, 5sc; frsts, 5Gdp
SIC; state, Pennsylvania and nearby west.
ern hennery whites. frsts to extras, $50
s2c. state, Pennsylvania and nearby hen.
merry browns extras. 60 81c: do, gathered
browns and mixed colors. hrsts TO extras.
CHEEsE-Steady. Receipts. 171a boxes
state. whoiO:milk fats; held 10 q specials. sls 2aa
whole milk. twins. held. specials 80 a 28L
do average run. o7h 62SRc.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
DIVIDENDS DECLARED

Ohio cities Gas Co. quartrr.v 81 so on
preferred payable April to stock Of record
Ms~h Is
on hrst preferred and 81 on second prefer,
red payable April to stock Of record
Cambria Iron Co. semiannusl 81. pay
able April ! to stock Of record March IL
American woOlen Co, quarterly OF Ia
per cent on preferred and common, payable
April ~.
Hercules Powder Co, quarterly OF per
cent and an extra of per cent payable
March 20 TO stock q record March is,
Kelly-Springheld Tire Co. quarterly Of
81 so on per cent preferred, payable April
10 stock Of record March IS.
per cent, payable March 10 10 stock OF
record March s.
Am.Ttcan smel!ers ssogIitles Go,,, ausTtsT'
per cent on preferred ''B." payable April
10 stock Of record March IL.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
LONDON STOCK MARKET
Renewed Fears About Taxation Cast
Shadow Over Trade

London, March "A renewal Of
fears about new taxation again cast a
shadow over the stock exchange market
today and trading was narrow with a
weak undertone.
The oil department was weak, Shell
Transport selling at IL and Mexican
Eagle at 11Ss.
The industrial section was steady
and the gilt edged list was dull.
Passing of all dividends on the stocks
of the Grand Trunk Railway for the
last year made the shares of the road
fat. Argentine rails were in demand.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
LONDON METAL MARKET

ceived at the New York Metal ExcS.ns,
quoted prices in London today as follows
lures pfsis ios an an asssnss spsa1s 81 81
tons; futures. 1000 tons STANDARD eopps, p
Spot f1le rs Cd. n decline Of Il; futurss
fi22 los. a drop Of 5s. Saies--spot, 200 tons
futures. 900 tons. Electrolytic copper,
Spot, fI27; futures. ft29. both down IL,
1853 IS Cd. a decline of IS. Speiter-spcI'
$50 los. an upturn Of IS; futures, rec IS
an advance of los. Do
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
Elected President Of Wabash

New York, March u. L. Tauss-
ing. managed OF the Wabash Railroad
during Government control, was elected
president Of the road at a meeting Of
the board Of directors here today. lie
took the railroads. William II. viii
liams, who acted as president and
chairman of the board of directors
under the Federal administration, was
chosen chairman OF the board.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
Demand for Refined SUGAR ActIve

New York, March 2.-The American
Sugar Refining Co. today reduced re-
fined sugar prices TO basis OF II cents,
less . per cent for cash. They are,
however, not as yet accepting any bust I.
ness at this level. The National Co,
however, is accepting some business on
the II cent basis today. The Federal
and the Warner Co.'S. are still with :.
drawn. The demand for refined sugars
continued active, inquiry coming from
all sections Of the country.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
LIVERPOOL Cotton

Liverpool, March 2.-There was only
limited request for spot cotton today
with prices easier on the basis of a
decline Of AZ points for middling at
%. 43d. The sales were 1000 bales. The
receipts we're 10000 bales, including
20 800 bales American. Futures were
easy in the early dealings. Spot prices
good middling. 81 .43d; fully middiing'
30. .43d middling 20. AID low middling,
26,l3d; good ordinary, 2293d, and or.
dinary, II .03d.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
LIVESTOCK QUOTATIONS.

Chlcug0, March 9.--WOGs-. Nccoipts, rs
O0D head. HIGHER. Bulk, I.i01 10 -; top
$3.50; heavy, sli. 100 "a so; medium 81 20
Ni5.l5: heavy packing suws. smooth si3m
49, 30; psckinG sows, rough, Si2.""u ul2. 49,
pigs. sl3 25@I4bo
CATTLE Receipts. 900 head Firm.
Beef steers medium and heavy, choice and
primo, sag; GriU; medium and good 81 30
a ~ 20; common. SAG ll,50: light. sood and
choice Sl". - n II. 70; common and medium,
S. S75G II, %; cows SO. 500 IL 90; Gamers and
cutters. s. 5OH so; veal calves. $500 40;
feeder steers, tT.75Ull.O5. stockcr steers
S79tO.5O,
SHEEp-Reccipts. II. OOn head. LambE,
sI7.5OB2oaO: culls and common. Sl1m
SlT.25; ewes medium, good and choice,
sii 81 q / 30 culls and common, S6p IN. 70,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

New York, March -,-Owing To The
hoi;day in Brazil there were no Official
cables received this morning. The mar
Let oneued firm. however, at advances
~ * IN 20 points. On quiet trading
nrices held well up to initial figures late
speciai cable to the exchange re
rorted a decline in the Rio spot market
pf * reis and gave Rio exchange on
london as advancing sd with holiday
in Santos. -, H..
tureless. ,,, ,,n.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
Reserus Banks, Discount Rates

The first column gives, rates Tor all
norinds nm TO and including u fifteen.
day maturity. the second for period OF
sixteen to ninety days. The third and
fonrth columnx give the rates for dis
counts for collateral loans secured by
government bonds or notes,
pN' rnTnl papRT Govt
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
MoNEY.LENplNG RATES

NEW SORK-Moncy on call. both
classes of collateral, opened today at
10 per cent for loaniug and renewing.
The money market for time funds Is
a little harder in tone today. but there
is little or no business being transacted.
There is supply of call money at 10
ner cent, however. The average dis
count figure on transactions in choice
paper is ca, per cent, with some bust
ness at per cent.
The tone of the market is hrmer and
prime bank acceptsnces show moderate
movement Mt unchanged quotations. Call
loans on this class of business are oh
Nominal quotations for ninety day
money on industrial collateral are pa
o1a per cent, aud on good mixed securi'
ties S6Sia per cent
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
BAR SILVER

Commercial bar silver was quoted at
an advance OF Nc In New York today
at $l,32 an ounce. The price In Lon
don was s3Ad, up I'D, ~.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
.day's Openlng Qnotatlons
BANK CLEARINGS
CHICAGO BUTTER AND EGGS

Chicago, MaTsh = - bUITEH--I'""sr'
Srfsas rTfsuas1I'owes. Receipts. IL, s2e case.
FYrsts' 4sis q asci ordinary hrsts. Al 947e;
al mark. cases Included. 4I@4oc.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
Cloverseed

oa.S IG.s s. March Marsh e. XS
stSSS SsSs ,s s3' RSr 1s:r%s s &: sss.i sss
March, ss'isEi Xpsii. is'isEi hGass. ssiss
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
Ksnsa. City, Mo-. March 2anoGSm.Re Re

SS'Pii ISso 'YS% S"s9ss Rss' ,is5SS % a. o modtamS
ing sows. ti2GI2,75; pigs, sl?als
CATrLE-RcceIPts. $500 head. strong
Heavy beef steers, choice and primc $l3 -
common 81 hOm u so; light. good and
choice. Sll.25al3. 65; common Ss.2I NJ II ~;
butcher cattle. hclfers, 5000 SO, cows,
81. 75ull.lJ, Gamers and cutters Sl,SOm
6.75. veal calves, sl2 j0H 80; feeder
lOS5
SHEEP-Rcccpts. 10 900 hcad Lambs
culls and. common. SI28le.75; yearnS
wcthers. Sl6, SOC IS; ewes. $ll Vla.75; culls
500 II; feeder lambs, as 525Gpl7,T5.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

East -. Louis, March g.-IIOGE-- Re-.
Ceipts. l3, OO0 head. Higher. Bulk, Slt75m
1880: heayy, sl3 7aa - So; medium, Si4.7j
Ql5.30; light Sl6.l0@ li,1O; light lights,
Sli so ID. 90, heavy packing Sows. smooth,
fl2 so a l2.I6. packing sows. rough. SEQ
- so; pigs. 1ii,60fOi5
CATTLE-Reretpts. 1900 head. Higher.
Beef steers medium and heavy. choice and
prime Sl3.j0a 10, medium and good $40 ~
@l2@5; comm"n, S9glO 20; light good and
choice. tll 75h li6b; common and medium
sS.50pll 40; butcher cattle, hcifers, 7,25 q
II 350; cows, 81 25 q 10, so; Gamers and cut
ters, Sfhnd7; veal calves, Light and handy
weight, tl2gl7; feeder steers. IS. 500 ~
stockeT steers, $40 1850.
SHEEF-RoCeipts 400 head, Steady
Lambs SlT75q29 POI cuIls and common
$l3 7Ogl7.5O yearling wethers. tl5qlS 30
ewes medium and choice, SiOgl3.75. Culls
and common. S5g7,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

East buffalo, n. v. sfsrch 2.--CATTLE-
"s receipts. 500 head, STEADY. Sd q %, co, '''''
higher, PiJs 2Sd 85c lower; heavy, sis, 56q
ia; mixed, 3lh25Il8.5O; yorkcrs 5000 a
~. so; lignt yorkers sl8Q q 81; pigs. {l5. 5C
SHEEP AND LAMBs-Receipts, iiOC
head. STEADY Lambs. Sl3G20,s5; year
lings. Sl2nia; wethers 1i6.b01i6; ewes
S8nl4,bO; miyed sheep $i450qi5.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

Pittsburgh March 2.-HoGs Receipts
Ss; $shr it $S%ss.!Si. s:o,
ismbs. hssS ,sS,sS;' sssS' TOP '"sep' "o''oi tor
G%IxLyEs%Receipts. $50 head. steady
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
NEW Work COFFEE MARKET

'Rates on outstanalns certhcstes h IN IN
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02
PUILADELPHIA-CslI,

PHII4ADELPHIA-Csll, 6 per cent
timc & prr cent; commercial paper,
three 10 six months, 6 per cent.
IOSDOS-M Money is quoted at. 33i
nor cent. Discount rates. short bills
Xxx per cent: three month bills, 57s
nor cent,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

Eonds si2 500 comrarcd with 81 700
NesterdAy- Thus far this vo"n, $50 3gU.
sanLg pCrLod last week. t3lNO0.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-03-02

Total sales 7iIT shares compared wi
$50 shar0s yesterday. Thus far this wee
10 OIL shares, Same period last wee
The Washington herald., 1920-07-11
MAN O'WAR IN
WORLD DRECORD
King of Turf Goes Mile and
Furlong in | Minute
49 Is Seconds.

New York. July 1o.-Man o. War,
Sam Riddles 3-year-old thorough
bred, added further to his glory on
the Aaueduct track this afternoon
when he established a new Ameri-
can record of l:4s2 2-5 for q mile
and a furlong. He did more: he ran
the heart out Of John p. Grier. a B.
year-old rival. who deigned to ques-
ton his title as King of the Turf.
A monster crowd packed the
track to see the two sensational
youngsters have II out in the Dwyer
stake.
The Riddle colt was heavy IA
vorite, but his challenger had big
following.
Both got away good and raced
head and head almost the entire
distance into the stretch. Both
jockeys went to the whip in q furi-
Gus drive. Man o. War proved his
gameness and opened the distance,
winning by two lengths in 1:4s 2-5.
clipping 1-5 second of the American
mark 1t was Man o. Wars fifth
victory of the season and IL proved
his superiority over the nearest OF
his rivals.
The Riddle colt began his sensa-
tional work at the Pimlico meeting
May 10, when he made a track rec
ord of 1:51sS-5 for a mile and q fur
long in winning the Preakness
$4,000 stake.
Hummer used his whip on Man O.
War through the stretch. the first
time that the great horse of Samuel
Riddle has been forced out to win