davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
SEVILLES BUMP OFF
SAILORS BY 8 TO z.
Hamilton and 5ehma Hit Homsrs and
Coleman cIouts Triple With
Sacks Full

Long hitting featured yesterdays
Twilight League game. the Sevilles
defeating the Navy by TO 8. Hamil-
ton hit a home run to right field in the
first inning while Behma sent circuit
blow to the same garden in the fifth
inning, scoring one man ahead of him.
Coleman of the Sevilles laced out a
triple in the first inning off Palmer
with the bases full.
Palmer started in the box for the
Navy and was met with six runs in the
first inning but he lasted through the
third stanza when Kent took UP the
pitching burden for the Sailors He
got by very well with the exception
Of two runs being scored off him IN the
sixth inning.
Baisden pitched splendid game for
the Sevilles until the fifth spasm when
he weakened to the extent Of three
runs and was relieved by Bill Bell VINO
was invincible during the remainder
Of the game.
Both Seville pitchers were given ex-
cellent support, Hamilton making a
good catch in the center pasture.
The Navy IS now two and one half
games behind the league leading Y.
NJ. C. A. men who defeated the Bar
acas by 4 to l Thursday afternoon.
The sevilles are only one-half game
below the Navy team.
Score by inning:
SeVilIeS ''..''''s'''s'oV V VVS 10
Navy .......,.........,. 900 O3o O-3
Baisden, B. Bell and Coleman; Pal
mer, Kent and Ingie.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
KENNETH WILLIAMS HITS
SIXTEENTH HOME RUN

ST. LOUIS, June Is.-Rennetb wn-
iiams clouted out his sixteenth home
run Of the season in today's game with
washington. Zachery was pitching Tor
the visitors. This put Williams N
home run ahead Of Rogers Hornsby OF
the local nationals, who tied williams
record Of Is by knocking a circuit
drive in today's game with brooklyn.
McManus Of the Browns also got a
home run today with Gerber on base.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
GIANTS WIN THIRD
GAME WITH PIRATES
Jess Barnes Pilots Champion To
Eleventh Victory in Twelve
Contests

NEW YORK, June 16.-New York
made IL three straight today over
Pittsburg. to l, in another one sided
game. Jess Barnes held the Pirates
In check while his mates knocked
Glazner off the mound in the second
inning. It was the seventh straight for
the Giants and II victories out OF their
last IL games. Score;
Ptttsburg ..... 900 900 100 3
Now York ..22o $50 oox-7 II l
Hoilingsworth, Glazner, Yellowhorse
Carlson and Gooch; J. Barnes and
Snyder.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
due MOON TEAM WING

N hotly-contested game an the Old
Mill diamond yesterday morning the
Blue Moon nine triumphed over the
Two Stars 8 to .. Dillon and Touart
were batteries for the AIoaH's while
Anderson and Barberi occupied like
positions for khe Stars
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
TwIIIaht Leasue.
Easambla County Lsaaus.
WHITE WOMAN CAUGHT
CARRYING AUTOMATIC

A young white woman, Ayrtis Jeter,
was ARRESTED On PaIafcx street near In
tsndsneia BIZ DsVuty Sheriff Rice Ysster-
day aStsrseop for carrying concealed
FsapnRs, Ths gua in question, Ger
man automatic, was In the woman's
bosom when sac vas arrested, IL Is said
She had not made bond last night,
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
CHICAGO GRAIN Market

CHICAGO. June ie--Blg export
sales LED 70 material upturns today in
the value OF wheat. The market olos-
ed finn at Ia 20 la cent net higher
With July iii TO I'LL Is and septsrn-
Der III TO III s-4. Corn finished Ia
ala cent on 70 "a cent hiEhet, Data
- q IS 20 Ia cent up. and provisions
vaEYing eyens unchanged figures t6 a
rise Of ~ cents.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
southern AaaoeiatIon,

Atlanta, 8; Little Rock 4.
New ORLEANS, 10; Nashville, 4.
Mobile, 4; Chattanooga, 8.
Birmingham, Al; Memphis, 6-2.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Atlanta HIts Hard eut 1855

ATLANTA, June 16,-Atlanta out
hit Little Rock moro than two to one
in the opening game Of their series
here today but the travellers made
their count and won, 1 TO 8, Pitcher
MoLoughlin'a triple In the tenth was
the deciding factor, Scorer
Little Rock !, 200 900 ao1 I'D 0
Atlanta tt,tt, o01 900 200 o--8 IL !
williams, Mclaughlin and Lapani
Tuero and Schmidt.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
JAok0oNViLLE Iva crook

JACH@o9fV1LGiE. Jun6 Ie.--Hogst
presDesss RteaAyl hssS1ss and packers
sOol ussaiuEng 1895 lights ESQ, heavy
PICS $50; lght pigp $685. Tcushe SD,
Grass oatsiej pgoSreQte weak steers
s.eo44.oei tBil@ GQpA90e; pcws $50
ASS. Esagnngs 3DaasAo; esRners 10
-.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
JAoKsoNvIILE

JACKSONVILLE. June 1e.-Turpen-
tine firm; sales 1s1 receipts sset ship
ments nonei stock 1878.
Rosin firm; sales sss; receipts 1.24s
shipments 1885, stock 14s,Gss.
cuote:-B. 4.26i d. 4.5o; u G.76, r,
Q. H, 1885, ]. 4.eo; X, $50, NJ, SIS, n,
$50; VIC. $50; WV. e.7D.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
COTTON SEED OIL

NEW YORK, June aet--UTgsnt de-
naAnd from shorts, prompted by the
builish census reports and late bulge
IN cotton and grains, brought abeut p
eubstaAtjal advance IN cotton aesa Oh,
Nnai bids bearing near top and IL to
90 points not higher, Rslss ll,seo bar
Esls, The census report indicated a Tts4
Appearance of ls1,eeo Barrels refined
ell In May, Prime crude aaminall
prime EummaV FaslaW sp1t nominal
July i1,Esi SeRtsnbsr 1885, Dscem-
ber s.57 all bio,
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
SEA ISLAND COTTON

SAVANNAH, Ca, June 1s.-sea Is
Iandj market firm, fancy 42a43i extra
choice Ali choice ssa3si extra fine 80
aS5i sales 1885, receipts Z; shipments
i1sj stock 587i crop in sight 3.6s7.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
New York.

NEW YORK, June 16.-Eariy declines
were followed by rallies In the cotton
market today owing to reports Of rains
in the southwest and bullish weekend
statistics October contracts sold up
from 21.ss TO 21ss and closed at PISS
compared with 2l.5i at the close Of the
previous day. The general market closed
steady at a net advance Of 20 to 81
points. The market opened at decline
OF point to an advance OF / point which
was considered a very poor response to
relatively firm Liverpool cables. Liver
pool bought some cotton here but there
was scattered southern selling as well
. a. local realizing or liquidation on reports
OF generally favorable weather in e
south, and active months sold about IA
to IS points net lower during the middls
Of the morning with July touching 81 50
and December 21.14. Offerings became
light around these figures, while a re-
port from the weather bureau said that
a disturbance Of moderate intensity had
passed inland from the gulf Just south
~ the Rio Grande. This helped TO steady
the market and a covering movement
started during the early afternoon be-
cause OF comparatively small offerings
around the ring and reports that 1t was
raining IN San Antonio and San Benito
IN extreme southwest Texas Contracts
appeared to be scarce following earlier
week liquidation and the market sold up
to 21.9s for July and 21.s0 for Deem
Der in the late trading or 4s to sc points
above the low level Of the morning and
% to 4s points net higher. The close
was g few points off the best under
realizing. spinners takings for the week
were placed at 2ee.o77 bales by the New
York Cotton Exchange. compared with
1911 for the same week last year and
there was decrease OF 147.s2s bales in
the worlds visible supply Of American.
Liverpool reported a more active busi-
moss in Manchester and spinners calling
in the English market.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Sensational Fielding

COLUMBIA. s. c.. June 18.-Sensa-
tional fielding by Greenville aided the
visitors to defeat Columbia here this
afternoon to 2, Maitland's wild throw
in the first inning giving Greenville
what proved to he the winning run.
Scorer
jGreenville +. ..,...soo 900 ooo--S 7 0
Columbia -. >. .101 900 600 10
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Mira Runs In First InnIns

NEW ORLEANS, June 18.-New Or
leans pounded Kayser and Herbst for
nine runs in the first inning today and
defeated Nashville. 10 to 4, Center
fielder Gilbert in this inning hit a
triple off Kayser and a home run off
Herbst Scorer
Nashville. ......1oo DOL 600 10 2
New Orleans -, ,eO1 900 0ox--10 Is l
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
International League.

Newark, 5; Toronto, 2.
Jersey City. 2; Buffalo. 8.
Baltimore, Is; Syracuse, Z.
Reading, 6; Rochester, 9.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Piedmont League.

Durham, 4; Raleigh, 5.
Danville. SO; Greensboro, Az.
Highpoint, 8: Winston Salem, 1.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Appalachian League

Knoxville, 3; Greeneville, 5; az in
lings).
Kingsport, 5-3; Cleveland, 1-s.
johnson City, Z; Bristol. 8.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
YESTERDAYS RESULTS
National Leaaus

Philadelphia, I; Cincinnati, 2.
New York. Z; Pittsburg, |.
Brooklyn. IL: st. Louis, 2.
Boston. 8; Chicago, 7.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Amarlcan Aaaooiatlon.

Indianapolis, Il; Kansas City. 3.
Louisville. 6; Milwaukee, 8.
Toledo, 10; Minneapolis. Z.
Columbus. 0; St. Paul. Z.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Florida State League

Daytona, /; Jacksonville, 2.
St. Petersburg. Z; Lakeland, 2.
Tampa, l; Orlando, 8.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
American Lsaauo.

Chicago, g; Philadelphia, s.
Detroit, 9; New York, 4.
Cleveland, 6: Boston, 8.
st. Louis, Is; Washington, 2.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
BROWNS TAKE LEAD
FROM THE YANKEES
Won Easily From Washington While
New York Was Losing
e. na&rnf&

st. LOUIS. June 18.-Accomplishing
a long sought objective the Browns
moved into the lead in the American
league today by overwhelming Washing
ton 10 to 3. While the Yankees were
losing to Detroit as result Of today's
games the Browns are one half game
ahead Of New York. Kenneth Williams
knocked his sixteenth home run, and
MoManus also crashed out a circuit
drive, 1t was the Browns fifth consecu-
tive victory. Score!
Washington =. 900 DOL oo1-e 1
st, Louis ,,...,,,,1 04 $50 14x-15 IS
Zachary, Turk, Youngsblood, Phillips
and Charity; vanGiider and SEVERED.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
NAVAL STORES
PENSACOLA

Turpentine: sales 0; receipts. So;
ahipments Ts; stock, 525.
Resin. Sales o; receipts $685. ship
ments 22s; stock 57,14o.
No quotations.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
VIRGINIA state Leauue

Rocky Mount. 1910; Richmond, s-s
Wilson, IL; Norfolk. 8.
Portsmouth, 8; Newport News, s.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
South AtIantIc Leaaus.

Augusta, ga; Spartanburg. Ia.
Charlotte, 1875; Charleston, 1913.
Columbia, 2: Greenville, 8.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17

DETROIT, June 16.-Detroit had the
best of sluggish match with New York
today defeating the Yankees Q to 4 for
the third successive time. Both Hoyt
and o'Doul were ineffective, while Dauss
who succeeded Ehmke, when the latter
was driven out OF the box in the second
held New York safe the rest Of the way.
The defeat cost the Yankees the Ameri-
can league lead. Scorer
New York ...,....Iie 900 o2O--4 iS
Detroit ,,,.,,,,, ,oss Dol o2x--9 10 0
Hoyt, oDouI and Hoffman, Devormeri
Ehmke, Dauss and Eassier.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17

Two base hits. L, Craddook, Scarritt,
Sanchez, HatsfieldI struck out, by Boni-
fay 8, by Hudson 8; bases on balls, off
Bombay 8, off Hudson q; hit by pitched,
by Bombay (Brentley). Umpires! A.
Olsen and Henricksoni scorer. Frank D.
Sanchez.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Drake HoIda Bears

MOBILE, June 16.-Chattanooga de-
feated Mobile today to 4, Fuhr was
hit hard in one inning while Drake
pitched steady ball for the visitors.
Scores
Chattanooga ,oos o1o o1o--s II 1
Mobile ,,,,,,,,o DOL 0a0 o00-4 Q 8
Drake and KYessy Fuhr. Roberts and
Baker.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
eouthern AaseeIatIen.

Little Rock at Atlanta.
Memphis at Birmingham.
Nashville at New Orleans.
Chattanooga at Mobile.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
American LEAGUE.

Philadelphia at Chicago.
Washington at st. Louis.
Boston at Cleveland.
New York at Detroit.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17

The Journals Advertising
Rate Is the same 20 all.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
WHERE THEY PLAY TODAY
National League.

Chicago at Boston--two games.
st. Louis at Brooklyn. .-..
Pittsburg at New York.
Cincinnati at Philadelphia
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-06-17
Elnrlda atnta Lnanua

Jacksonville at Daytona.
Lakeland at st. Petersburg.
Orlando at Tampa.
New-York tribune., 1922-01-27
Half-Cent a Pound
Break in Cotton
In Heavy Selling
Pressure Attributed to Dull
Outlook for Goods Trade
and Other Unsettling Fac.
tors; S13 Bale Drop

There was further and severe
nreak IN the cotton market yesterday.
owing TO more active and general sell
ing. The price Of May contracts was
forced down to 1907. or within 2 points
OF the low level touched or the de-
cline OF last November. and more than
sio bale below the high price Of
January 3 Closing prices were the
lowest of the day. with the market
easy At a net decline OF 10 to 50 points.
more than half cent.
.herc was some trade buying 70 FIX
Tf'ces during the sarliev part of the day
not later the little support in evidence
cent sellers. and the market was extTcme-
~ nervous and unsettled during the en-
''-e session. Reiterated reports Of ur-
aacconpanied ty tall OF an casing spot
basis m the South There we're also
Tur1ors that the Genoa conference had bee n
called off. aud more favorable reports
from Bombay were offset by the reports
OF riots in Egyp;.
Nothing heard Of any Improvement
however. and private adyices created an
I'm upre ssion hero that holders were becom-
irS moro anxious to hnd a market for
their cotton. owing 70 the approachiils os
the planting season.
As officially reported tho Southern
markets were generally so to - points
ss25t bales q, a decline Of IS points to
- Sc for middling Nddins quotations
In the southern markets now range from
'5.2Sc to l7.25c. compared with Is $50 tho
closing price fo- March contracts in tha
Vow York market
The local market fo- spot cotton
orist and s5 points lower st ls1oc Cor
riddMng No sales were reported
Tho ra7va - r,rfcc-
New-York tribune., 1922-01-27
Decline in Wheat
On Free Selling
In Other Markets
Increased Offerings in SO.
American and Liverpool
Brings Setback III Prices;
Corn Values Arc Lower

CHICAGO, Jan. 90 Enlarged move
ment of tho new wheat crop in Argcn-
tina had a tendency TO make tho price
of wheat average little lower to-day.
Closing quotations were unsettled at
Ac net decline to sc advance. with
May s1.147s to sl.l5 and July Sl.O2 to
S1.02is. Corn finished Il to go &c
down and oats off 1sCdlA to &c. In
provisions the outcome was unchenged
to 25 cents lower.
With advices at hand that Argentine
farmers were offering wheat freely and
that prices both at Bucnos Ayres and lAv-
erpool showed setback. tho wheat mar
ket here gave evidence from the outset
that buyers were AT disadvantage.
Lack Of demand was noticeable at times,
so much that reduction OF o,Goo ooo
crop failod entirely to have any apparent
effect on the market. Word that 30. 900
barrels of -four had necn sold FOR export
from the United states led aftcrward,
however, to something of rally.
Besides. st. Louis reported liberal sales
of wheat to mlicrs. Nevertheless. buying
orders fer future deliveries of wheat CON
tinued to lack volume, and upturns in
rrce were not we'll maintained as the
session drew to end.
Values of corn and oats worked down
ward little. in line with wheat hut &C
tivty OF export call for corn WAS a check
against any material drop in prices.
Free selling Of lard by carriers and
pa ckers gave downward slant to the
provision market, despite an advance in
the price OF hoge
New-York tribune., 1922-01-27
F. +. Chandler Is Expelled
Exchange Acts on Firms Fail
urc of Last Year

The expulsion from the Stock Ex-
change of Frederick r. Chandler jr.,
member Of the brokerage firm Of
Chandler Brothers e. Co., which failed
on July 25. 1921 was announced from
the rostrum of the exchange yester
day by Seymour l.. Cromwell, presi-
dent
Mr.. Cromwell said that Mr.. Chandler
was expelled under section S, article
t6, Of the constitution, which contains
that penalty If the member is found
guilty of conduct Inconsistent with
just and equitable principles Of trade. y
Mr.. Cromwell contnued:
AT meeting Of the governing com
mittcc yesterday said committee de-
termincd that the fnlure Of Chandler
Brothers e. Co. on July 25, 1921, of
which firm Frederick 7. Chandler jr.
was Il member, was caused by reckless
and unbusinesslike dealing, and the
said Frederick T. Chandler jr. was
expelled under section 5, article 49,. OF
the constitution; also, the governing
committee directed tho committee on
admissions, under section 8, article 10
Of the constitutions to dispose OF the
membership of the said Frederick J.
Chandler jr. forthwith"
The delay in taking action regard-
ing Mr.. Chandler is understood to
have been due to the desire Of the
exchange authorities to facilitate the
work of liuuilating the firm.
New-York tribune., 1922-01-27
Dry Goods .Jobbers Fail to
Place Expected Orders;
Raw Cotton Drop Affects
Primary Fabrics Market

The cotton goods trade in general
has passed into another era Of un
certainty, in which the outlook seems
to be more obscurcd than it was a
few months ago. The January bUs;-
ness done by the mills has been dis
appointing, with few exceptions. Some
goods, notably cotton blankets, ging-
hams and percales, have sold we'll for
future delivery. IN the beached goods
division future orders have become
more scarce, and although many mills
have orders that will keep them fairly
busy for another month or two, the
period beyond that does not look par
tcularIy encouraging at present. Con
vcrters Of wash" goods have not
booked as large business for spring
as they expected in most cases.
The decline in raw cotton yester-
day reflected TO n great extent the
situation in cotton goods and served
to further unsettle the prices on
primary or gray goods. Print cloth
prices were off an eighth Of cent for
most constructions, the standard $3.50,
38 z inch print clothes dropping from
8A to 81s cents n yard, and in some
sales TO 3 cents, with buyers extremely
hard to find at these figures.
The raw cotton situation is bother
ing the mill men considerably. Reports
that large shipments Of cotton have
been rejected by the mills unusable
have given rise to the opinion III some
quarters that the actual supply Of cot
ton suitable for spinning and weaving
purposes is smaller than the figure
indicate.
The biggest disappointment this
month has been the failure Of dry
goods jobbers to place large orders
A middle Western jobber in the market
this week said that he was not buying
now because he had fully months
requirements for normal times on his
shelves, and at the present pace Of
business his stocks of cotton goods
are sufficient to run him for three
oDthc
New-York tribune., 1922-01-27
B usiness News
January Cotton Goods Trade
Disappointing to Sellers Herr
Ncxt Cotton Crop 10
Cost More, Says Bn,l.

The cost of prodyct;,
cotton cotton, under new conditions 81 n.'s r''
STATED for the control Of y" "eees-
~eesl'' in the opinion Of the 'ss boil Be
t'onal Bank Of Commerce r' :. IA
York viii determine the mn. :" N'H
cotton in the international ',,'e ,,, Of
A Although the Southern '@srss' %s1'
w'l' not permit the weeyil to ',@sT a''s
M" out Of the cotton growing S'''' Sr',
ness says the bank. it viii ;'s' Ds'l-
ence him to greater d;vo..,e 80 'anu'
Of crops. '''catlon
''The invasion by the hi,
Of the American cotton sn bsl+" sssvil
the bank, will have an e~... says
the price Of cotton througbon. upon %
world. This area 1orr.,,'' ' 'ne
produced about s. per cent e 's' .ss
total cotton supply. ANY f...,s +"s
which adds greatly to the ca'. s'S[ vi
ls production Of a basic commodit, ~
inhicts an economic Jos,
american farmer will continue 4s .s
produce cotton. How mucb l. "
produce de0ends on the effect, ~ VII. Il.
better methods in the face - W.
Hex
effects Of the weevil on the so,s,
crop may be, that crop will, -
parently be produced at consiaa.
ably higher COST
New-York tribune., 1922-01-27
Federal Reserves
Bill Holdings Are
Lower for the Week
Drop Below $l. 600. 600, 600
Mark as Reserves Gous;nlc
to Increase: Similar Zen
dencics in N. Y. Disirics

Total bill holdings Of the Federal
Reserve system arc now we'll below tho
81 1000 100000 mark. while reserves con-
tinuc TO increase above the $3 900 .O0O.-
600 level, the consolidated statement of
condition as Of january %. issued yes
tcrday, discloscs. Discounts Of bills
secured by government obligations felt
during the week from S3SS, ,672 900 to
1857 80 900; all other bills discounted
from S525, l5O, 900 to Si92 252 600. and
bills purcka sod in tho open murkct t
from S94,944.0OO to SS2,7O9,O0O The
total stands at S932. $50 900, compared
with s1,oOS76s, 600 The increase in
reserves was roughly s7.00Oo0O
The reserve account Of member
banks declined from $l.673,s24ooo to
81 $50 100000, Circulation showed a
further slight contraction. dropping
from S2.22o, ,617 900 to S2.lSA 0O1 900
Al result largely Of these changes
the ratio climbed to a new high on the
current movement at 17.2 per cent, an
advance of . points during the week
Similar tendencies were operative IN
tho New York district as in the coun-
try at large. The increase in reserves
Of the local bank was somewhat
greater, this item rising from $1,loS,
279 900 to 81, $50 S67 900 as the consc-
qucnce Of larger credits in tho gold
settlement fund. All catcgorics of
bills held declined, discounts &C bills
secured by government obligations go
ing below SlOO.OOO00 and OF other
L
above the bills purchased in open mar
kct. The reserve account Of member
banks increased slightly, while clrcula-
tion declined about $500 900. The
gain in the ratio was from SIS TO S9.6
nor cent
New-York tribune., 1922-01-27
Anaconda Had $8,656,547
Deficit for 9 Months. 1921

The financial statement Of the Ana
conda Copper Mining Company for the
nine months ended September 30, 192i ,
in connection with the listing of addi-
tional stock, showed deficit of $8,,
6b6,547, after charges and Federal
taxes. Gross earnings for the period
amounted to $40 ,582,456. Expenses
totalcd $51 ,O55,41o leaving an operat-
ing loss of S1,472.973.
Opcratiny income Of the Gulf States
Steel Company for the quarter ended
December 8 was S74,6l0. After dcduc-
tions for taxes, depreciation and other
charges there was a deficit Of 81 ,"37.
Tho deficit for the full year was
S467 CO.