davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-10-15
Prices
Turn Lower ON
Rail Pressure
Oil Shares Continue Firm
ON Advance i'm Crude,
but Price Fail to
Hold ANY Definite Trend

In yesterdays trading in speculative
nccurtes at the New York Stock Ex-
change there WAS little that was
uniquely characteristic. With prices
vacillating without striking trend, the
lays session was merely continue
ion OF the dull, colorlcss markets that
have prevailed all week.
The market revealed a steady tone
through the first four hours Of the day
n the last hour there was a fairly gen.
cral reaction, precipitated by intensi-
i1ed professional selling of the rails
The railroad shares, after their period
Of frmness, have been heavy all week
The recent uneasiness was associated
with fear OF q railroad strike, but the
uncertainty over the course OF freight
rates, which was the subject OF discus
sion at q meeting Of railroad execu-
Ives at Chicago yesterday, and their
effect on earnings has induced an in
disposition for spectators to operate
'or higher prices until the situation
unfolds itself with more clarity.
After an irregular opening the NOV
ing feature OF the market was the
further rise in domestic oil shares
which are rejecting the emergence Of
he Industry from the temporary de-
moralization Of recent months. An
other marking up Of crude oil prices
aignalized the changing sentiment IN
he trade. The oils made new highs
For the movement In the morning, but
IN the last hour the selling became gen-
eral and affected even the petroleum
ltocks. which reacted. Despite the SELL
ing of the last hour, the mean changes
n prices for tho day were moderate.
The average quotation Of twenty typi-
cal railroad stocks declined from 6370
o $3.50 and that of thirty industrials
rom G6.77 to 66.43.
In the foreign exchange market
sterling again became conspieuously
irm, responding to the fundamental
factors making for improvement and
-reeing itself from the depressing In
liuence os the evanescent mark, which
yesterday clung close to the low record
Of Thursday.
Commodity prices, particularly wheat
quotations, were firmer.
New-York tribune., 1921-10-15
May Ship Gold to India Soon

The last big shipment of gold, ap-
proximately s1o00,0o0, has arrived
here from India, being consigned to
the Guaranty Trust Company. the
Chartered Bank Of India, Australia and
China, and the National City Bank 1t
is the opinion of bankers in close touch
with the Far Eastern situation that
the gold tide which has been Aowing
steadily in this direction from India is
about to turn and in some quarters the
beginning shortly of al export move
ment Of gold from this country TO
India is looked for In the nine months
ended September 80 gold imports into
the United States from India amounted
to So 7,2S7,53o, the movement having
started about q year ago. AT present
gold is at premium III India. Re
Gently India has been successfully
bidding for gold in the London open
market. India during the last two
months has had a favorable trade bal
ance for the first time in q year, fact
which has an all important bearing
upon the movement OF gold.
New-York tribune., 1921-10-15
Definite Action
Expected Soon ON
Big Cuban Loan
ID. W. Morrow's Return Nav
Pave Way for Flotation:
Arrangements Must Be
Approved i'm Washington

no0,;+o oc+:o- ,o,..~l 4i 4, ,4.t
~ ,n,.CS S'.h,, (..--.., '.'-D ~ no'@'ion
tha ,,,,'i,.4 ','''e..1 .V.' II
enllo-,. ~, ,'a' ,-.,'- 'Np'S'eu 10
-aa oaaU" 80 s'' n.;'u. u w ~ iNe~ HeXt
sforaaU oen VI E. D~ls',r Ea nIlio", I o. d. y
sor tho r,, 49,. ~ ,a'V ans
rsnroserFa+;,os os ~ r,,I'n, " ~"
mont tbe tnanc;oi ana ecoDn,',;c s93tln- 5;t,n
tion on the HAND ,,.i4l s,,oc;ai rosor
erce 10 financ;nr- The nrossi,e, roo5s of
that governnaenf NJ, lfo,.,.,.,, I.s. III
vana vestorda,, 1noroino ana vii ,anso l-a
r. New Yorx ~, ,ra,, ~ 1raeb;,,l-+r T.
- not ;n,oroboI1o ti,+ hn IN - a
a. 10 can;tal ond ias. Eafe,.a .'sP o.'
tSor;+ies fbora +ho ros.,it. - ~ ~, ~
~ Cnba '''''
accnrd;,,o - urol, c.~oo4 ,.-,.--.- a..
.,~n,,u+ 0's nf ~ ~ ao'S t.p9'.'' 1.'s
viii Iitol, GO o6n an '9.,., va.
i NAV aycoad +ba+ s. ~, .....,a '.,'0
t,+ion for tba h,1si,oSs -, and
raarI. of +bo larna ,,o,,,.., ;, a. ep ''''
c;ol d;s+,ic+ ',,.. -
Cnbo incind;no- p No.. q -, ~ ~
National Cit,< RAIL no cno.,.',t'
T,.ust CoronaS,. NIL, pood 60
Snercr e 20 and Pi,;r G. - -, ~
vices fron, Ha,,ana 4b;s 1,,ao1, la,.,
dicated that Snevr1. Il T., he~o .ir,...jy
New-York tribune., 1921-10-15

Signs of reviving interest in the
railroad equipment market on the part
of buyers were seen yesterday in the
announcement that the American Loco
motive Company had just received
orders for fourteen Mikado l6S-ton
engines for the Rock Island, two SO
ton Mkados for the Mississippi Gem
tral and one 67-ton switcher for the
La Crosse 4 Southeastern Railway.
The largest foreign order recently
taken by the company was for twenty
195ton Mikados from Chile. Amer
lean Locomotive has Just completed
tho shipment Of forty seven engines
for the Peking Suiyan Railroad. Of
China. Seven of these nre the largest
ever shipped from the United Statcs
and will be the largest locomotives in
operation in any country outside of the
United States. Each Of the seven
weighs 320 tons and measures o. feet 3
inches,
New-York tribune., 1921-10-15
In Wall Street
Mexican Petrnleum

British representatives Of the Mexi-
can Petroleum Company who have been
in this country conferrirg with officials
at the New York Offices have completed
their conferences. 1t is understood
that one of the chief topics of discus
sion was the formulation OF new con
tract under which Mexican Petroleum
will sell to the English company A
new price schedule was agreed upon,
which was said yesterday to be salts
factory to the parent corporation. Lord
Pirie, who was ar the head of the Brit
ish party, returned to England about q
week ago, but those with him remained
to perfect the details of the new con
tract. Mexican Petroleum loaned fat
yesterday morning, and this afforded
the incentive for some short covering
that carried the price up to 947s. The
closing was 931s, a net gain OF s.
points,
New-York tribune., 1921-10-15
Money Market Eases

Call money dropped abruptly to Az
per cent in the "outside' market i'll
the Street yesterday, against low of
per cent at the Stock Exchange. Re
newals at the exchange were mado al
per cent. The highest rate touched
in the "outsidc" market was 5 u per
cent. Brokers who had to borrow
found supplies of funds much more
abundant than on preceding days of
the week. The easier tendency Was
attributed 30 the fact that the local
banks have completed arrangements for
meeting the government Withdrawals
Of 100000 scheduled to-day in CON
nection with the retirement by the
Treasury of an issue of $l25,00O 900 of
certificates of indebtedness. Moreover,
the fact that the banks will receive
more from the government than they
pay out is expected temporarily to
make for easier money market con-
dltions the forcpart OF next week.
New-York tribune., 1921-10-15
The Dollar in Foreign Exchange

Sterling recovered strongly from
Thursdays reaction, especially after
ehe closing of the London markets, and
cable rates at the close showed net
advance Of 29a cents at 1888, virtually
the high point Of the movement
Swiss francs crossed 10 cents, get
eading the Continentals with an ad-
vance of half a cent German marks
lowered around Thursdays low levels,
closing half point lower at II Of q
nent
New-York tribune., 1921-10-15
Cuba Cane Sugar

At the close Of business yesterday
deposits of the per cent convertible
debcntures under the Cuba Cane Sugar
financing plan amounted
to 13,25O,000. To-day is the last day
on which deposits will be accepted.
One of the bankers directly interested
in the financing said yesterday that it
viii be known on Monday whether the
plan can be made effective. The plan
involves the issue Of $4,000, 900 Of
notes to rank ahead of the debentures.
New-York tribune., 1921-10-15

The Mcguire, Paterson g. Palmer
Company, of Canada, who also manu-
fscture matches in England and Ire
land, the Diamond Match Company, and
Bryant g. May. Ltd. of Great Britain,
have Joined with prominent Canadian
capitalists and match manufacturers in
the formation of q new Canadian match
company. Sir Alexander Mcguire
chairman Of Mcguire, Paterson e. Pal
mer, in confirming the report that his
company was interested in the new
Canadian venture, said that the site of
the new company's first match factory
would BIO at Pembroke, Ontario.
New-York tribune., 1921-10-15
Invincibie Oil Financing

Directors of the Invincible Oil Cor
poratlon are considering ways and
means Of raising funds to meet matur-
ing obligations. 1t is expected that
S2,50o.0o0 and 100000 will be raised
and the matter will come up for discus
sion at & meeting of the board Of di-
rectors scheduled to be held on Tues
day next. It has not yet been decided,
an lnvinciblc director said yesterday,
whether the funds needed will be OBJ
tanned through the sale Of securities.
In discussing the matter he said the
company could sell some Of its assets.
but did not say that that would be
done
New-York tribune., 1921-10-15
Has Saved $4,000

Qucstson-By cutting corners and not
buying what not actually necessary
my wife and myself have managed to save
200. am sixtys years OF age, my
.y'fe I've years my junior. I have bought
the following bonds an Investments
Straus d Co. mortgage bonds. $4,000:
American Telephone and Telegraph es
1924 H.G00. Standard Oh of California rs
1891 81, 900: Canadian Northern Is 1910
1000; Denver & Rio Grande frs. con
TertibIe mortgage As. 1886. $1,000: North
western Bell Telephone first rnortcaye 7s
series A, 1871 81, 600 WIN you xindl, give
no YOUR opinion Of tho same as TO safety
OF principle and income. which Is OF prirns
Importance Have 50 0O0 10 Invest If a
yield OF 7 per cent Is still consistent with
safety, Will YOU plense suggest three high
grade coupon rate bonds which would give
this yield? l should appreciate any ad
vice You may oTer.-J. Q. 8.
Answcr-Your list appears to satisfy
all reasonable requirements as to safe
ty of both principal and interest. With
the $4,000 which you now have avail
able for investment we suggest the
purchase of 81 900 Great Northern Rail
way Is, due in 1885; 1000 Kingdom of
Belgium TINS, due in 1945, and 81 900
T. Lorillard Is, due in 1914. These will
return you an income of approximately
per cent and will further diversity
your holdings.
New-York tribune., 1921-10-15
Southern Pacific VS.. PENNSYLVANIA

Queetion--I hold thirty shares OF Penn
sylvAnla Railroad stock. Would you ad-
yiae swapping this for Southern Pacinc -
.. 3. T.
Answer-We think that shift from
Pennsylvania stock to Southern Pacific
stock is "a good one. We believe that
the Southern Pacific will benefit more
in the long run In net earnings
through a return to normal of railroad
traffic conditions than will road like
the Pennsylvania, which under normal
times is worked almost to capacity.
New-York tribune., 1921-10-15
Dividends

TO- Fay Stockhts
Genera, Cigar co'.'also 9 No". i Oct Set q =
90 pr ...'..... l.7b Dec. Nov. rs
p, 90 deb. pf.,,,.,. l76 u Jan. . Dec. "a
Texas Power g.
Light Co. ,,pf; ls.gs q Nov. Oct. II
American Railway
Express Co. $50 O Oct. "a Oct. IA
j. q. Bril- Co Pr I,.es . Nov I Oc. "a
Connecticut Hallway
g. Lighting CO.. l's 70 O Nov. l5 Oct. 81
90 pr .,....... 20 u Nov. 10 Oct 81
Union innk Car Co $l.76 y Dec. / Nov. b
~, 90 ph .,....., l.7b Dec. J Nov. &
,, Light pf 49,, 1qles Q Nov. Oct. Is
Havana Electric Rail
way. l.lght a.
iower Co. sas-n Nov. iG Oct. "a
40 pt ....... 81 s-a Nov. is Oct "a
Aoou rubber Co. pf e1.78 q Nov. / Oct 40
New-York tribune., 1921-10-15
Copper Continues Firm

Trade reports indicate that the
prompt market for copper is less active
than that for forward delivery. the
largest sales of the last week being
copper to be shipped in November and
December. THE market is still strong.'
says "The Engineering and Mining
Jnurnal,' "but has found a resting
point at its present level. One copper
is of the opinion that the
heavy purchases OF the large copper
consumers, which generally were for
forward copper, will tend to tighten the
market in the next few months, as pro-
ducers in the recent scramble an
ticipated their requirements several
months ahead in order to obtain the
metal at the lowest possible price. This
presupposes that there will be no i'm
provement- in domestic consumption in
the near future, and that manufacture
ers will stop buying copper for future
delivery, both Of which assumptions
are problematical." The domestic bust
ness in copper has been good, with the
demand distributed among various Eu-
ropean countries, but trade with Eng
land has been lighter than usual.
New-York tribune., 1921-10-15

Information

Questions of general interest to i7s-
restors lUiu be ans,oe~ed in this col
,emn, IL, iohich case only initials toill
be used. Others 1ciU be unsVeved By
mail. Address all inquiries, inclos-
ing stamped, addressed enrelope, TO
Financial Editor. The Tribune. 15s
Nassau Street, Nev York Csty.
New-York tribune., 1921-10-15
Money and Credit

Although the rate at which call
money renewed on the Stock Exchange
yesterday was per cent, loans were
made at per cent by the close Of the
stock market In the "outside" mar
.iet brokers were able to get funds as
low as Az per cent, while the highest
rate there was 55a per cent The
easier tendency was attributed Co the
set that the local banks had completed
arrangements for meeting government
Withdrawals OF s1170Oo,oOO to-day in
connection with the retirement Of S125,-
100000 Treasury certificates of indebt-
edness.
New-York tribune., 1921-10-15
x quotations on stocks were.
Paris Market Ffenvv

PARIS, Oct. 14.~-Prices were heavy
on tho Boursc to-day. Three per cent
rentes, 55 francs 6b centimcs Exchange
on London, o3 francs 20 centimes. Five
per cent loan, 81 francs 40 centimcs.
Tho dollar was quoted at 13 francs
76,A centimss.
New-York tribune., 1921-10-15
Answer-When the Denvnr 4 X
Bonds That Are Speculative

Qresrion--Nindly advise ne regarding
the following bonds. whether not you
speculation, and also in what denomine-
tons they may eb bought: Chicago Mil
wa aukee &. st. Paul IS; Chicago milwaukee,
4 s.. Paul refunding ins; Erie As series
\; Erie 4s. series = Erie general lien 4e;
Ere prior lien a.; st. Louis & San Fran
cisco 6s, recently selling around 81 am
aware that International Petroleum !a {,
speculation. but would Ike very much to
kno wsone Of the details regarding this
company; that s. tho business thev are
engaged in and whether or not they are
subsidiary OF some large concern. DO they
pay stock dividends? Also what Is the par
value per ehare7 Would YOU consider * q
speculation to buy this stock ana put q
away for perhaps FIVE years? What Is tho
par value of Standard on of Indiana re-
does this stock pay? Is this common or
preferred stock? Is i considered an IN
Public Service Corporation OF New Jersey
per cent preferred stock and what is the
recent quotation on this stock? Is it
cumulative? DID they pay their last divi-
dend Il. II. c.
Answer-We consider all the bonds
that you name as more or less specula-
live. except the Erie prior lien As,
which are good investment, we think.
The st. Louis g. San Francisco income
Ss are purely speculative. Internation-
al Petroleum is owned by the Mexican
Seaboard OIL Company except for
few shares. The Mexican Seaboard
stock has no par value and paid 1925
per share in 1920 Par value Of Stand
ard Oil of Indiana is $25. In March
I'D nJune each per cent was paid. The
par value Of the 8 per cent preferred
cumulative stock Of the Public Service
Corporation Of New Jersey is S1O0.
They paid their quarterly dividends.
We have no recent quotation on Public
New-York tribune., 1921-10-15
Gold FOR Kuhn. Loeb < Co.

The Cunardcr Aquitaria. sai.IrE rom
England this morning. is bringing S..-
100000 in gold for the account Of Kuhn.
Loeb d. Co. This viii make 5l2- 100000
brought in BY this banking house since
tho first Of the year.
New-York tribune., 1921-10-15
Denver & Rio Grande 5s

QUESTION Your reference TO Denver s.
Rio Grende stock IN this mornings paper
prompts mo to ask II you can give me
some Information regarding the FIRST and
re1Cndlng per cent mortgage bonds or
Denver & Rio Grande. OF which hold two.
bought soma years ago at SO. see these
bonds quoted from time 80 time at about
a; Is 1t reasonable to believe that the
price OF bonds will eventually reach some
where near peril. d. W
Answer-When the Denver & kio
Grande was sold under foreclosure TO
the new company, which is to take over
both the Denver s. Rio Grande and
Western Pacific, it was sold subject to
the first and refunding per cent mort
gage bonds. We understand that nego-
tatlons are now going on between vari-
Gus protective committees in regard to
These bonds, but nothing definite has
been made public as yet. We think
there is a slight chance, indeed, Of the
bonds or the securities into which they
may be exchanged selling at a price
representing par Of the first and re-
funding SIS.
New-York tribune., 1921-10-15
A Model Inquiry

Question-It is requested that criticism
and suggestion OF list OF securities below
be made. Age. twenty-eight; one adult
dependent Income from snlary. 81, 25o
Able 70 save $500 yearly and IN constant
touch with market. All income of securi-
ties rsinvested: $4,000 Atlantic Coast Line
way, Light and Power las 1916; $500
third Liberty loan "A. 1923: twenty-five
shares Northern Pacific Railway. bought
at Il; ten shares American Car and Foun-
dry common, bought at 40; ffteen shares
Royal Dutch New York. bought ct 75 /.
$4,000 War Risk Insurance twenty pay
nent life. Expect TO invest 81. 900 in near
future. What VIII balance tho list most
satisfactorily "A. p. L.
Answer-Before answering your in
Quiry we should like to say that the
form in which you submit your ques-
ton IS model one, embodying as Il
does not only a list of your securities
with the correct name and maturity of
each, but also the facts regarding your
age, income, dependents and insurance.
The Importance OF the latter informa-
tion is very great in judging list OF
securities. In your own case, for eX-
ample, we might criticize your list of
investments were you an older man or
person dependent, or likely to be-
come dependent, upon the income from
them. Having regard, however, for
your position, we think that your list is
an entirely suitable one We sugge st
that you invest your next 81 900 in a
good industrial bond-such as General
Eiectric debenture 6s, due in 1910; Bell
Telephone of Pennsylvania rs, due in
1945, or Midvale Steel 6s, due 1885.
New-York tribune., 1921-10-15
PERU lpar s%.ss a ponnd1

Peru lpar S].s6 pound)
Checka ........ 348 Bx8 x5gi.
ECUADOR tpar $3.50 cents "a rucre)
Checks .25.64 25.64
CHILE (par S6.5 ccnts a peso)
Thecks ..-...ll s7h 1900 15.e2la
URUGUAY (par 1oa.A2 cents u peso)
checks ...... .00.25 6s.25 S237lk
'h.' Ell ELLA tpaT J cents a bol!var)
Checks .f6.l2 1912
Canadian ExchanKe-Ncw York funds IN
montreal y o-lG per cent premium Mon
treal funds In Now York, "a per cent DIS
count.
New-York tribune., 1921-10-15
s. O.-SincIair Settlement Reported

Further evidence Of the Improvement
IN the oil situation in the Midle West
is expected to be shown within the next
few days by an advance of one or two
cents gallon in the price of gasolene
sold by the Standard Oil Company Of
Indiana. This action will be of partic-
ular interest because Of the long
standing controversy which this COM
pany has been carrying on with the
Sinclair interests IN competing terri
tory. In local quarters the expected
action by the Indiana company is ac-
cePted as settlement Of this fight.
New-York tribune., 1921-10-15
Banl of Germany Statement

BERLIN, Oct. 1.-THE statemeu. q
the Imperial Bank Of Germanr IS C
October shows the follow ng changes
n n arlS
New-York tribune., 1921-10-15
London Market Dull

LONDON, Oct. l4-Trading was dull
on the Stock Exchange today. Bar gold
was quoted At 1868 3D.; money was
loaned at 3A per cent. Discount rates
were: Short bills, 3M per cent: three
rnonths' bills, per cent.
Closing quotations on stocks were.
New-York tribune., 1921-10-15

Bank Clearing gs -

Bank Clearings = Bank clearings at
New York yesterday were: Exchanges,
.78o,4o0, 600; balance, s75,4o0,O0O.
Silver - London, 421ad; New York,
domestic bar. 99Mc; foreign, 72Ac;
dexican dollars, 56c
New-York tribune., 1921-10-15
A Good Market

An investment banker, in describing
the present excellent absorptive qual-
ity of the bond market, observed that
you can issue first mortgage on a
second class yellow dog and sell it,"
New-York tribune., 1921-10-15

Following are the closing bid and
asked quotations Of stocks listed On the
stock Excnange IN which there wcre
no transactions yesterday.
New-York tribune., 1921-10-15
Stocks Ex Dividend

I2tc. Company
Oct. l7--Aiiicd Chem d Dye Corp. =.
Oct. I7-Am Coal Of Allegaav 'e-- lce
oct. 15-Aln silpbldg Co. q ao ani. ~
Oct. IS do ~ ........... ...- e. z
oct. l5-Associnted pry Goods Cory. i,
Oct. l5-Atlantlc Refining II .-.-.- = x
Oct. l5-Chicago Pneumatic J. .c. ls
Oct l5-Consoiidation Coal C,.. 3ssee
Oct. 15-t'ru Steel -.-..-. ..-...
OCT. J5--Faa1ous Players -I-ssilr pi..-
oct l5-Hupp Mo,or car car5 -
Oct. l7-lntc~national Nlchtl a... :. Sc
Oct. l5-I.Na Locomotive Wo,es 4f ;. e
Oct. 15-Mullins BODY Coru pf.... .ee
Oct. l5-Pcre Marquette Ey Ir pref -
OCT. l5-Un!ted Drug Go fst i-..... -
Oct. i5-U Rubber LIST pf....-.-. -
New-York tribune., 1921-10-15
River Raisin SIS 8. Ms Investment

Question: should appreciate your opin-
ION OF the following issues as Investments
FOR Il person who is not dependent upon
income from them but who wiehec invest
inents which are safe as to principal and
interest. The issues to which I refer are
West Penn Power Company first mortgage
rs. Series y. due 1915; Allegheny Pitts
burgh Coal Company guaranteed mort
gage Sc. duo ls4l, guaranteed b. The West
Penn Power Conapny; River Raialn Pa
per Company first mortgage SIS. due 1886
The fret two issues offered by h. T.
Leach s. Co, while the last named issue is
offered by p. w. Brooks & CO. 0. "
Answer-West Penn Power first mort
gage Is and Allegheny Pittsburgh Coal
Company guaranteed SIS are good in
vestment in our opinion. The River
Raisin Paper Company appears to be q
good Garner, but al present the general
paper situation is such that We advise
You to wait before making an invest
ment in bonds of paper company until
You can see more clearly how the in
dustry is going to come out Of its
present state Of depression.
New-York tribune., 1921-10-15
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

Copyright. 1921, New York Tribune Inc)
CfncEa
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-11-30
449 BENNINGTON.
COUNTY FARMERS
IN FARM BUREAU
Several Towns Have not Been
Touched by Canvassers
SLEET STORM INTERPRETERS
Bureau Finds it Necessary to
Temporarily Suspend
Work of Drive

Because of the inc.emency of the
weather and the corresponding diff
Guilty OF securing drivers to take the
solicitors around II has been neces-
sary to suspend the campaign for
Farm Bureau memberships before
the county has been completely COW
cred.
In less than two weeks time, 449
members at $40 per year for years
have been secured Last year there
we're 1855 at $2. The townships o..
Sandgate, Woodford and SearsbuIg
have not been touched yet and RI.
pert, Dorset. Peru. Landgrove, W,nd5
hall, Stamford and Arlington are but
partially covered. This work wilAsts.
done later.
Tie membership by townships
stands as follows; Bennington, l0l;
Shaftsbury, IS; pownal, Sc; Manches.
ter Al; Dorset, SO. Rupert, 81; Ar
lington, 30; Readsboro, "a; Sunder'
land, II; Stamford, II; Peru, IL, Win
hall, s; Landgroye, 5; Sandsate, I;
Misc, /, Arlington is the only town
where memberships have been solici.
ted ana yet has fallen below last
years membership. This is large.y
due to the fact that the territory was
not thoroughly covered.