davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-06-28
EVERYMAN'S
INVESTMENTS
By George T. Hughe,
Thtrty-SiXth Article.
"sAFETY, A RELATIVE TERN

The question I am constantly asked
about specific investments is whether
the stock or bond under considera-
ton is Safe. The inquirer is almost
sure to say that he wants the highest
possible return on his money, but
that the first consideration must be
safety. Now, it Is very hard to know
what to say to such would-be inves-
tors, for safety" is a relative term.
There is no such thing as absolute
safety OF investment unless it be in a
United States government bond. That
comes about as near being absolutely
safe as any security can be. After
that, investments grade all the way
down until they cross the line which
separates them from Speculations, and
even that line is indefinite. Various
investment authorities have rating
systems whereby they grade securities
according to their particular notion
of their relative safety. No two
authorities agree in all respects as
to these ratings.
Exceptions to Rule.
Securities with an active market
may be roughly classified according
to the return they promise on the
money invested. In a general way
the higher the return the greater the
risk, although to this rule there are
exceptions.
More important still, this question
of relative safety is never permanent
ly settled. These same rating ex.
perts continually revise their esti-
mates. A bond they grade "A" may
be reduced to "B" six months hence,
or vice versa. Perhaps the point can
best be illustrated by taking two
stocks. one the New Haven and the
other United States Steel. Twenty
years ago the New Haven sold around
5000 share, and was considered a
conservative investment, while Unit
ed States Steel was selling under $40
a share, and considered highly specu-
lative. and at that time both these
estimates were correct. Today the
situation Is reversed.
Where to Get Advice.
The moral to all this is that every
investment list ought to be periodic
ally revised, certainly once year,
and preferably once every six months.
1t is not necessary to make constant
changes in your investments. 1t is
necessary to take stock, from time to
time, and consider whether changes in
financial conditions may not have
made advisable the sale Of some Sc
curities and the purchase of others.
Obviously this review can be UNDER
taken only by some one we'll quail
fled for that purpose. That is the
business of an investment banker,
and ordinarily he should be the one
to consult, but as has been said pre-
viously in these articles, you should
use the same care In the selection of
your investment adviser as you do In
picking your lawyer or your doctor.
Take advice only from those fitted
by training and experience and with
long records for conservatism.
(Copyright, 1924. by the Consolidated Press
Aseoctatton.)
Evening star., 1924-06-28
BUTTER IS LOWER
ON HEAVY RECEIPTS
Increased Production Weaken'
Market-Huge Packs Break
Storage Records.
Ry the Associated Press,

By the Associated Press.
CHICAGO, June 2S.-Butter produc-
ton continues to increase and con-
seuuent heavier receipts were respon-
sible for the weak condition of the
market this week. Prices were bare
ly steady, and trading quiet
Quality showed the effect of hotter
weather, which put pastures in ex-
cellent condition and increased the
flow of milk, with continued increase
forecast. The movement into storage,
which had broken records, continued
Foreign asking prices were too high
to interest domestic importers and
domestic markets were unaffected by
arrivals from abroad. Closing whole
sale prices and range, 90, score butter,
follow.
Chicago, unchanged at 80; New
york, unchanged at Az: Boston. half
lower at 41k, and Philadelphia, un-
changed at AZ.
Evening star., 1924-06-28
CHICAGO GRAIN PRICES.

CHICAGO. June 2s.-Wheat prices
showed downward tendency today,
owing chiefly to rains in the spring
crop belt, both sides Of the Canadian
line. In this connection special
notice was taken Of Minnesota re-
ports that the outlook for wheat was
almost ideal with no signs Of rust
or blight. Offerings on the declines
however, were we'll absorbed. The
opening, which ranged from. y to
u lower, with July 1.14Aa1.14A and
September 1.15A a1.15h, was follow
ed by something of rally and then
by a downturn lower than before.
Unfavorable conditions for farm
work together with scantiness of
receipts gave renewed strength to
the corn market. After opening at
u cent decline to Y cent advance,
July 81 to 94k and September 91%
to 90, the market scored gains all
around.
Oats sympathized with corn, start
ing unchanged to y higher, Septem-
ber 45h to ASK, and later showed .
general advance.
ii n
Evening star., 1924-06-28
MAY is POOR MONTH
ON WESTERN MARYLAND
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, June es.-Dull coal
business affected Western Maryland's
gross earnings in May, causing a de-
crease of $5s7.7ss from the corre-
spending month a year ago to s1.535,-
$40. This compares with $1,56o,31o
in April and is the lowest tor any
month this year. =
Total operating expenses, however,
were reduced $505,3S5 to $1,142,539,
bringing the operation ratio down
from 1924 to~74.40. Despite these
economies, an increase in equipment
rents was responsible for a sharp re-
duction in the surplus shown after
fixed charges. which amounted to
1924, as against $161,S84 in May last
year and $4,398 in April this year.
The total net revenue for the five
month period ended May 81 was
slightly ahead of the same period
last year, totaling s2,106,70e, against
$2,08,660. Gross during the same
time was $S,174,557, compared with
s9,646.533.
Evening star., 1924-06-28
COPPERS SUDDENLY
ADVANCE SHARPLY
Feature Active Trading To-
day in Wall Street-Chain
Store Issues Climb.
By the Associated Press.

BY the Associated Press.
NEW YORK, June 2s.-2eViVal or
speculative interest in the copper
shares. which have been tagging BE-
hind the rest of the market, was the
outstanding development in TO-DAY
brief but active session OF the STOCK
market. Several of the coppers
touched new, peak prices for the year
Nickel Plate moved up 2%, to
new 1924 top at 94S4. and there was
a good demand for the oils, but the
other standard rails and industrials
showed little change.
Chain stores and merchandising Is
sues continued to give remarkaoie lie
displays of strength, kresge Depart
meM Stores, Jewel Tea preferred.
Schultz stores and Associated Dry
Goods climbing 3A to 5A points, all
at new peak prices for the year.
The closing was strong. Sales ap-
proximated 100000 shares.
OIL PRICE WAR FEARED.
Evening star., 1924-06-28
AMERICAN EXPRESS co.
REPORTS BIG EARNINGS
,x The Ae,oc;sted Pros

By the Associated Press.
NEW YORK, June 2S.-American
Express, according to belief in the
street, is being purchased by some
of the same interests which put the
price to $162 a share in 1922. Re-
suits are beginning to be shown
already by the new president of the
company in the form Of earnings at
the rate of $12 a share, or double
dividend requirements. The greatest
influence. behind the shares of Ameri-
can Express is the $4,41s,00O express
and railroad securities held as in
yestmentS.
Evening star., 1924-06-28
ROMANCE IN SAVAGE ARMS
Company Grows Faster in One Year
Than in Half Century.

NEW YORK, June 2S.-Wall street
has to turn back to the war chapters
in it's financial history book to dupli-
cate the commercial romance of Savage
Arms, which in the short period Of
one year has developed a.. business in
electrical household appliances that
half q century. Revenue from this
new department is running ahead of
it's gun profits. On an investment
Of only about $4,000 for equipment
the company is doing an annual gross
devices.
Evening star., 1924-06-28
nAIRY PRODUCTS.

BALTIMORE, Nd, June % lSpe-
ciaD Live poultry: Spring chickens,
h., 35a45; leghorns. soas6; old hens
1Sa26: leghorns, old, 1sa2o; old roost-
ers, is; ducks, 15a2o; pigeons. per
pair, 30a35; spring ducks, 25a2S.
Ergs-Loss off: native and nearby
frst free cases, per doZ., 25 !. a26.
Butter-Creamery good to fancy.
lb., 3Sa4S; nearby creamery, S5aSs ;
nrints.. 43a45; ladies, 3oa32; rolls,
eSa31; store packed, dairy prints
2Sa3l; process butter, 34a35.
Evening star., 1924-06-28
FOREIGN ExCHANGE.
(Qootations furnished BY w. B. Hibbs L Col
By the Associated Press.

BY the ASSOCIATED PfeSG
NEW YORK, June 2s.-Foreign ex-
changes irregular. Quotations Gn
United States dollars)-Great Britain,
demand. 4.32x; cables. 4.32K; 60-day
bills on banks. 4.zsk. France. de-
mand, .o431h v; cables. .0432. Belgium,
demand, .0461A cables, .0462H. Ger
many, demand (per trillion), 23H.
Holland, demand. .3754. Norway, de-
mand, .1345. Sweden, demand, 1858.
Denmark, demand, 1888. Switzer-
mand, 1912. Greece, demand, .0173.
Poland, demand, .0019 5-16. Czecho-
slovalkia, demand, .0295. Jugoslavia,
demand. .0114. Austria, demand,
.OO14h. Rumania, demand. .O043A.
Argentina 1,so dem1ndl 1n1 $3.50; S,i 5sazil az
Montreal. IS s1-64.
Evening star., 1924-06-28
DRY GOODS MORE ACTIVE.
Fractions represent thirty-se
Example: 1913 means 161 3-32.)

NEW YORK, June % (SpeciaD.-Cot-
ton goods were somewhat more ac-
tive in todays week end market. but
there were no price changes of note.
Print cloth quotations stood at 9 cents
for "a by COS and 10 cents for 68 by
72s. The raw silk market showed
more strength, prices rising S cents
all along the line.
Evening star., 1924-06-28
WOOL BUYING IMPROVES.

BOSTON. June % Especially D.-Busi-
ness in the Boston wool market to-
day was spotty, but the trend of sem
timent seemed improved. Mills are
gradually picking up various lots OF
wool here and dealers have taken
considerable quantities in Texas and
Montana when they considered prices
advantageous.
Evening star., 1924-06-28
RATE CHANGES HALTED.

Proposed new railroad freight rate
schedules restricting the combination
rule used in making through rates on
lumber and other forest products
from points In the northwest, and re-
sulting in . general increase, were
ordered suspended today from June
80 to October - by the Interstate
Commerce Commission.
Evening star., 1924-06-28
Markets at a Glance

NEW YORk.-Stocks higher; copper
issues at new top prices. Bonds firm !;
interborough liens strong. Foreign
exchanges steady; trading light. Cot
ton lower; poor cotton goods trade.
Sugar holiday. Coffee holiday.
CHICAGO. - Wheat easy; rains
southwest Corn steady: light re-
ceipts. Cattle dull, poor demand.
Hogs steady to strong.
Evening star., 1924-06-28
43 NEW OIL WELLS.

SHREVEPORT, June % (SpeciaD.-
Daily average oil production in Ar
kansas and Louisiana increased 1876
barrels this week to a total Of 213,5so
barrels. Forty-three new wells add
ed 8,565 initial production.
Evening star., 1924-06-28
COTTON SELLS LOWER
IN TODAY'S MARKETS
Private Reports Factors in Trad
ing-Quotations Under Yes
terday's Close.
By the Associated Press.

By the Aaoria ted Press.
NEW YORK, June 2S.-The cotton
market was quiet in today's early
trading. With Liverpool closed, there
were no cables to influence sentiment
here and after opening steady at a
decline of to IL points, prices held
within comparatively narrow range
July selling around 29.16 and October
2505.
Two more private crop reports were
issued. one making the condition So.
and the indicated yield 11,700, 900
while the other placed the condition
at 69.3. but gave no figures on the
indicated crop.
Evening star., 1924-06-28
WEEKLY BANK REPORT.

NEW YORK. June 2S.-The actual
condition of clearing house banks and
trust companies for the week shows
IAN excess in reserve of $13,416,120.
This is a decrease of s39.557,300.
Evening star., 1924-06-28
SUGAR MAGNATE DIES.

/; SAN FRANCISCO, June 2S.-Adolph
b. Spreckels. nationally known su-
gar magnate and manufacturer. died
at his home here today. y
Evening star., 1924-06-28
RATES ON BAR SILVER,

LONDON, June 2S.-Bar silver, "a 4 d
per ounce. Money; Y per cent. Dis
count rates, short bills, 3A per cent;
three-month bills, 5-16 per cent.
Evening star., 1924-06-28
Cotton futures closed barely steady.

OpeninE: July. .. 20: October, sos: Decem-
Der. 2432; January. 240s; March, 2i3o
NEW ORLEANS, June 2s.-The cot
ton market had a quiet and easier
opening, first trades showing losses
compared with yesterdays close of
Z to 10 points. July traded at 27.35;
october at 24.30, and December at
24.02. Three more condition reports
were issued this morning ranging
from 66.4 up to 69.3. with indicated
yields of 11,770,oo0 to 10000 bales.
Cotton futures closed steady at net declines
OF to Is points
Evening star., 1924-06-28
CHICAGO STOCK MARKET.

:. CHICAGO. June 2s.-Followfng is a
report of today's sales, high, low and
closing quotations at the Chicago Stock
EXCHANGE.
Evening star., 1924-06-28
LIVE POULTRY LOWER.

CHICAGO. June 28.-Poultry, alive,
lower; fowls, 1sha21h; broilers, s1a
80; roosters. II.
Evening star., 1924-06-28
IT. s. TREASURY CERTIFICATES
toueta tions furnished By Redmond & CO..
RosroN STOCK MARKET.

BOSTON, June 2S.-Following is
list of today's highest, lowest and
closing prices for the most active stocks
dealt in here:
Evening star., 1924-06-28

tPartly extra. Playable in preferred stock
Dividend rates As given in tho above table
are the annual cash payments based on the
latest quarterly or half-yearly declaration
Unless otherwise noted, extra special
dividends are not included
HOURLY SALES OF STOCKS.
IL A-m..... 249.1o0 IL n. 4es,3oO
Evening star., 1924-06-28
NEW YORK STOCK EXCHANGE
Received by Private Wire Direct to The Star ONCE

II Recei,
Adams Exp t6).
Adv. Rumley...
Air Reduet co..
I.Ajax Rubber.
Allied Chem t4I.
Allis-C Chain 90.
Am Agri Chem.
Am Agr Chem pf
Am Bosch. .....
Am Can (t6)....
Am c & F (12).
Am Chicle......
Am Express (6),
Am & F P 25H(7)
Am Hide 4 l. pf. .
Am Ice (7;..,,
Am Internau.
Am Locomo (s).
Am Metal o..
Am Radiator 90,
Am SAT r (5oc).
Am. Ship & Com.
Am SIN & Re go.
Am Stl Fdys (3),
Am Sugar.
Am. T & Tel (s)- .
AmTel & Tel rts.
| Am Tobac (12)..
Am Tob B (12). .
| Am Water Wks. ..
| Am w W list (7)
Am Woolen (7).
Am Zinc........
Am Zinc pf. ...
| Anaconda.
| Arm Cons & Co.
Asso Dry G (6l.
| Asso OIL (1h)...
| At r & s Fe (s)..
A T & s r pf 60.
| At Gulf & w L..
| Allan Ref o..
| Austin Nichols.
Bald Loco o..
Bal & Ohio 80.
Bal & Oh Of 90.
Barnsdall A..
| Barnsdall B. .....
B'ch Nut GAO. .
Beth Steel fS)
Beth Stl pf CO..
| Brk Edison (8).
Br'k-Man Tran.
Br Man T pf 90.
Brklyn UnG 90
Burns Br (10)...
Burns Br b t2)..
Butte&S Superior
! Cal Pet t1x)...
| Callahan z Lead.
| Calu & Ariz ca.
| Calumet & H soc.
Can Pacific (1o).
Cent Leather Co.
| C r r, N ] (t12) .
| Ger de Pas c 60.
/ Chand Mot (6)..
Ches & Ohio 20. ..
| Chicago & Alton.
Chic & East Ill.
| Chic Ct West.
| Chic CT West pr. .
Cb Mil & st Paul.
| G Mil & St P pf.
| Chi Il Nwn Co..
Oh F'neu T ST..
| Chic r ] & Pac.
G r & P pf (s).
| Chi Yellow c (D.
Chile Cop (2h).
| Chino Copper. %.
| Coca-Cola (D...,
| Colo Fuel & Iron
Col G & e (2.6o).
Col Carbon co..
! Com Ir TT (63c).
Congoleum (3).
Consol Cigar.
| Consol Gas (5l.
| Consol Textile.
Cont Can (+....
Cont Motors (20c)
Corn Products. =.
| Cosden Co.
| Crucibie Stl (4).
Crucib Stl of Cd .
Cub Am Sug 90.
Cuban Cane Sug.
Cub Cane Su pf. ..
Cuyamel Fr o..
Danl Boone NJ (3j
Davidson Chem. .
Del & Hud o..
Del L & W o..
Det Ed Co (S)
Du Pt de N (S).
! Ea stman (tSk).
I Eaton AK (1.60).
F.! Stor Bat 90.
End-John 3d..
Erie. ......-....
| Erie LIST pf.
Ed NJ & S pf (7).
Fifth Av B (6lc). .
Fleishman (3).
! Foundation (6)'. .
! Freeport-Texas.. .
tGen Am T CO. .
Gen Asphalt.
Gen Cigar o..
! General Elec (S).
Gen Mot (f.20)..,
Gen Mot pf (6)
lean Mot db (6l.
Gen Mot db Cd.
Gen Petm (2)...-
Gimbel Bros. -.
Gimbel Br pf (7l
Glidden Co: .....
Gold Dust. .,..-..'
Goodyear pf..
G'dyear pr pf (s)'
Gray & Davis. :.
Ct North pf (5).
IGr Nor Ore (3).
Gulf Mo & Nor.
Gu Mo & N pf (5>
Gulf st Stl t5).
Hartman Co a..
Hayes WHICH
Homestake( D..
lfIouseh'd Pr (3).
Houston Oil. -.
Hud Mot c CD.
Hupp Mot c ID.
| Illinois Cent az.
Indep Oil d..
Indian Refining .
Inspiration Cop. .
Interb RapTr.
NJ fON
Evening star., 1924-06-28

Opening: July. 80 bid; October, "a 80;
1891.
The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-15
MRS. BROWNS NAME
WILL BE INSCRIBED
ON STONE MOUNTAIN. WIFE
OF THE WAR GOVERNOR,
JOSEPH E. BROWN.

ATLANTA, Ga,-The name OF Mrs.
Elizabeth Grisham Brown, wife OF
Joseph f. Brown war governor OF
Georgia during the sixties, will be in
scribed on bronze tablet in the great
memorial hall to be cut into the preci-
Dice of Stone Mountain below the
panorama which Gutzon Borglum IS
carving.
Gov. Browns administration was
from 1857 to 1865, embracing the war
and the period preceding the war. lie
lived in the old mansion in Milledge-
vile, which is standing today.
Help Deserving Boys.
Mrs. Brown equipped a company OF
Fannin county volunteers who went
into the army with her name OF Mrs.
Joe Browns Boys" She organized the
ladies OF Milledgeville in sewing cir
Gle whose members cut and made
Confederate uniforms. She nursed
wounded Confederate soldiers in the
hospital in Milledgeville and assisted
in supplying them with delicacies.
During their residence in the man
sion there were born to Governor and
Mrs. Brown two sons. The first,
Charles Mcdonald Brown, died at the
age of p. In his memory Gov. Brown
founded the great loan fund at the
University of Georgia, which has aid
ed nearly 1,500 worthy young men in
obtaining an education.
The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-15
FOREIGN BORN LEAD
OUR NATIVE FARMERS
ANALYSIS OF CENSUS REC
ORDS SHOW MORE OWN
LAND THAN CULTIVATE.

Foreign white farmers in the United
States are more successful than ma
tive born whites, according to an
analysis of the census records made
by the -Roebuck Foundation.
In 1920 100 per cent of the foreign
born farmers owned their own farms
while $50 per cent native born farm
ers were proprietors, the analysis said
Only 1879 per cent of the foreign born
were tenants compared to 81 per
cent native born.
Average Size of Farms.
Farms OF foreign born owners aver
aging 191 acres with an average value
of SIS, 400 against 162 acre farms with
an average value of $11,l23 for native
born farmers, the survey showed.
The Scandinavian countries and
Germany furnished the bulk OF the
1O6 foreign born farmers out OF ev-
erv thousand white farmers in 19ZO,
Danish farmers cultivated 5,l49,OOO
acres, equal to more than halt the
area OF their native country. Ger
man farmers titled an acreage equal
to 10 per cent of the total pre-war
area of Germany. Canada, Austria
Russia and England furnished percent
ages OF foreign born farmers ranging
from 8.4 to 40 per cent.
The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-15
BLACKBIRDS FALL
IN N. JERSEY STATE
HUNDREDS OF DE AID ONES
TUMBLE MYSTERIOUSLY
OUT OF CLEAR SKY.

BURLINGTON, n Hundreds
of blackbirds suddenly killed in mid
air as great flock was crossing a
farm near Burlington form mystery
that is pulling several New Jersey
scientists.
A probability that powerful radio
counter-currents in some manner cleo
trocuted the flock is one of the sug
gested solutions offered by agricultur-
al officials and ornithologist who have
examined bodies OF the birds.
The strange phenomenon occurred
over the J. R. Lippincott place, one
of the largest fruit farms i'll south Jer-
sew. and was witnessed by Wilson
Livesev. farm superintendent and a
dozen other persons. Livesey says his
attention was first called to the great
size OF the migrating flock OF black
birds by a friend who was with him
inspecting an orchard.
"As we watched the birds what
seemed to be a whirlwind created
commotion near the center OF the
flock. sending the birds fluttering in
sort of vortex" he said. THE next
moment it was literally raining black
birds. Several hundred fell in narrow
strip OF orchard The birds seemed to
have been killed instantly, but scores
examined showed no signs OF injury.
Struck in the face by one of the
falling birds and painfully cut by the
beak Harry Thomas, an employe, was
| knocked from an apple tree he was
/ pruning.
The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-15
STORM SLEUTH ENDS
FIRST BALLOON TRIP
METEOROLOGIST PLANS Sc
RIES OF FLIGHTS WITH
DRIVING ELEMENTS.

WASHINGTON, D. Cdr. c. l..
Melsinger, storm-riding meteorologist
of the United States weather bureau,
has successfully completed the FIRST Of
his IS projected balloon journeys, I'M
dertaken to learn more about storms
and how they behave. He landed late
in the afternoon OF April End at Wal
terboro, S. c., after a flight of p
hours and 20 minutes from Scott
Field, ILL.,
The fight was terminated because
of the simultaneous approach OF night
and OF the Atlantic ocean, which is
about 40 miles from WATERFORD in the
direction in which the balloon was
travelling. Walterboro is about 40
miles west of Charleston. The airline
distance from Scott Field is about
$50 miles. Scott Field is at Belleville,
Ill, about a dozen miles east of St.
Louis and the course of the flight was
across Illinois, Kentucky, Tennessee
and North and South Carolina.
The balloon was piloted by Lieut..
l.. A. Lawson, of the United States
army air service, which is co-operat-
ing with the weather bureau in the
arrangements for these flights. Most
OF the journey was made at an alti-
tude of from 1000 to 5000 feet
The next fight will be started as
soon as the balloon can be taken back
to Scott Field and reinfated This
flight was made in the wake of the
storm which brought a record April
snowfall along the Atlantic coast. 9th
ers will be started on the front linear
the centers OF storms, the purpose OF
the flights being to study the motion
across the country OF the great masses
OF air involved in these disturbances
and to get a CLOSE up" of the storms
themselves from the air.
The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-15
SLOW EARTH MOVEMENT
SWALLOWS MANY HOUSES

GRANADA, Spain.-Spain's
greatest scientists have been at
tracted to the situation at the vii
lage of Monachil, where the earth
still is moving, carrying everything
in its path, and in some instances
swallowing up in their entirety
olive groves and houses. The cen
ter of the disturbance is about l.
500 meters in length and 500 me-
tiers wide. The movement of the
earth is gradual, but hardly percep-
tible to the eye.
Thus far there has been great
loss to crops in the affected dis
trict. In one instance cottage has
been slid along by the earth's
movement without damage dis
lance of about 200 meters.
The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-15
M'ADOO MEN ADMIT
HIS RACE is LOST
CLAIM HE WILL HAVE SUFFI-
GENT STRENGTH TO DIG
TATE CANDIDATE.

WASHINGTON, D. CIV. G.
McAdoo appears today to be winning
enough delegates in the democratic
primaries to make him one of the
dominating factors in the national con-
vention in New York in June.
The unprecedented leaders in his
campaign admit that he cannot be
nominated for president They admit
that his employment as counsel for
Edward l. Doheny and other factors
have so weakened him as contender
for the nomination as to make his race
now one for control rather than for
his nomination.
Have No Illusions.
That the progressive and most earn
est McAdoo followers have no illu-
sions as to the situation is we'll known.
One of his trusted advisers said that
the delegates favorable to McAdoo
would dictate the nomination, which
meant that the nominee should be re-
sponsive to the sentiment which elect
ed the McAdoo delegates. The Nc
Adoo leaders are confident that they
will have more delegates than in any
group that can be combined against
them and therefore can name the
nominee.
That Mr.. McAdoo will enter the
convention with 275 delegates was
predicted by his Washington leader,
who believes he will have the largest
number OF delegates on the first bal
lot while Governor Smith, OF New
York, will be second and Senator I'm
derwood, OF Alabama, third. Since
there are about twentysix candidates
in the race, nearly every state having
a favorite son, the convention un-
doubtedly will be plunged into long
deadlock, and during this period the
McAdoo forces intend to use their
strength to defeat Underwood or
Smith, hoping to be able to swing
their delegates to candidate OF their
liking.