davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-01-01
|, R. STEEL COMPANY
CREDITORS TO MEET
Local Stockholders to Take Up
Reorganization Plan Coming
Before Receivers.

Another meeting of local stock
holders of the L. r. Steel Company,
Inc, and affiliated chain store and
realty enterprises will be held Thurs
day evening in Pythian Temple Hall.
1912 9th street, at s o'clock, 1t was
announced today by II, A. Miller,
chairman of the local stockholders
committee.
January is the last day for stock
holders to subscribe to the l. r. Steel
stockholders protective trust fund.
which is the basis of the reorgani-
zation plans to be submitted to the
federal court receivers in Buffalo, Mr..
Miller, announces.
"The offer of John W. Mackinnon.
New York broker, to purchase the as
sets in the United States and Canada
has done much to awaken the stock
holders to the necessity for cooper
alton to protect their interests" MIR.
Miller claims. Many creditors have
assured their support of the pro-
tective trust movement. he states
The plan provides for lifting the
receivership proceedings and the res
toration of the companies to stock
holders Stock in the reorgantzed
company will be issued to subscribers
to the protective trust on the basis
of their present holdings.
Evening star., 1924-01-01
GREATER ACTIVITY
IN BRITISH TRADE
Coal Industry Enjoying Special
Boom, Reports American
Chamber of Commerce.
HIGHER PRICES PREVAILING
Heavy U. S. Demand for Linens
and Finer Pottery.
RY the Associated Press.

By the Associated Press.
LONDON, January Increased
activity in British trade is noted In
the American Chamber OF Comm cree
London's December report. This is
especially true of the coal industry,
which is heavily sold in advance at
increasing rices.> More than 1900
tons were sent to the United States
in December, and contracts have been
placed by the French and Swedish
state railways.
The iron and steel industries also
were occupied with substantial orders
from the railroads and shipyards.
The galvanized sheet iron and tin
trades are booked months ahead, ac-
cording to this report.
The British empire Is assured OF a
continuous supply of zinc in the re-
leasing of deposits at Burma and In
Australia with a production plant IN
England and the formation OF a ma
tional smelling company.
The report also emphasizes the
great American demand for linens
and finer pottery. Activity is noted
in the pharmaceutical and chemical
trades. due to heavy Japanese orders
to replace stocks destroyed in the
earthquake.
Evening star., 1924-01-01
NOTED BANKING CONCERN
HAS NEW PRESIDENT

BALTIMORE, January lit was
announced late yesterday that E.
Howell Griswo1d, jr., has become the
head of the banking firm of Alexan-
der Brown & Sons, and that Thomas
Hildt, now president of the Merchants
National Bank, has been admitted to
membership in the firm. Alexander
Brown, formerly senior partner, with
draws from active business and has
transferred all his capital and in
terest in the firm to Mr.. Griswold, his
son-in-law.
Mr.. Hildt has rendered his resigna-
ton as president of the Merchants
National Bank. At the thine of his
call to that position in 1921, he was
connected with the Bankers Trust
Company of New York.
Evening star., 1924-01-01
1923 HAD fewer
BUSINESS FAILURES
Lighter Than in Two Preceding
Years, But Defaults Are Still
Very Heavy.
TOTAL OF 1920 CRASHES
Liabilities $3.50, ,532, 900 for Year,
R. G. DUN Reports.

Special Dispatch to The Star
NEW YORK, January I-Busi-
ness failures during the year 1923
and the losses attributable thereto
have been somewhat lighter than in
either or the two proceeding years,
but are still very heavy. Mercantile
defaults for 1929, as shown by the
records of r. G. Dun & Co, will
number 1920 and the liabilities will
amount to s53O.532, 900. In this state
ment the final days for the month
or December are estimated. During
iSZz there were 23,676 mercantile
ue1aults. the largest number ever
recorded in single year, and the
liabilities were S623,S96.251. next to
one year, the losses attributable to
the failures during 1921, the preced-
ing year, being few million dollars
IN excess of those reported for 1922.
Figures Run Very High.
Both in number and amount of in
debtedness the figures for the mast
.hlee years nave run very high. Even
vailed in 1914 and 1915, or in ISg3.
the losses through insolvencies were
only about so or 60 per cent of the
lnaebtedness recorded for 1921 or
IszZ In measure this is due TO
tne much higher range of values now
prevailing for practically all classes
or commodities. In every department
OF trade higher prices have added to
the Nolume or payments. and natural
~ this has swollen the sums recorded
III all business transactions and
among others the Indebtedness of in
solvents.
The records of business failures
complied by r. q. Dun & Co. go back
nearly seventy years The number of
concerns in business is now greater
than ever before and this would ac-
count for part of the increase in
the number of business failures
Special Comparisons.
Below is given the number Of fail
ures and the amount of liabilities for
each year back to 1910. with the esti
mate for 1928
Evening star., 1924-01-01
BUSINESS ON SOLID BASIS.
Wall Street Optimistic as 1924
Outlook Is Discussed.
special Dispat tch to The Star.

Special Dispatch to The Star.
NEW YORK, January with the
old year at it's close, business men all
over the country are asking what the
new year is to bring them. Bank re-
search departments, financial author
ities Wall street houses, government
bureaus, all have been busy forecast
ing the course of trade during the
coming year.
OF course it is not possible to sup
ply any prediction. that can be i'm
plicitly relied on. All we can do is to
say that business is sound now, and
that there is nothing in sight which
gives US any reason to suppose that
it will not remain so.
1t is significant, however, that most
Wall street houses, which were de-
cidedly pessimistic six months ago,
are now saying that the prospects
for 1924 are for prosperity.
Evening star., 1924-01-01
ERIE MERGER DENIED.

YOUNGSTOWN, Ohio. January l.
A New Year message to Erie railroad
employees from F. D. Underwood,
president of the road, made public
here, contains the following para
graphs:
press reports and rumors that the
Erie railroad is about to be CONSOLE
dated with other systems and its off,
GERS changed are without foundation.
You may be sure that it's business
will be conducted by it's present board
of directors and officers for the en-
suing year"
Evening star., 1924-01-01
POTATO PRICES ADVANCE.
Forty Million Bushe1 Shortage
Helps Market.

CHICAGO, January 1.-The lowly
potato scored some sharp price ad-
vances during the week ending De-
cember 29, and with the crop OF
eighteen late potato states forty
million bushels short Of last year,
the market is in a fairly strong po-
sition, according to the federal bu-
reau Of agricultural economics
weekly review. The increase in
prices to jobbers at Chicago was 80
cents a hundred pounds
Canada has q full size crop this
year, but with a tariff Of so cents q
hundred pounds and freight charges
to be reckoned, ir is hard to roll po-
tatoes across the border, the review
points out.
Evening star., 1924-01-01
wRC-Rndio Corporation of America
(463 MetersD.
WCAP-Chesnpenke Il Potomac Tele-
phone Co. (469 Meters).

WCAP-Chesnpenke q FOtVmHc Hefe-
phone Co. (489 Meters).
1880 p.m.-Panline Fierstein, lyric
soprano. Program: "Je dis que rien
ne m'epouvante" from Carmen
(Bizet; 20 quand je dors" U.iszD:
by the Waters of Minnetonka"
Uieurancel.
7.50 pm.--Julius Barnes, president
of the United States Chamber of Com
merce, speaking on Business Condi-
tions.'
p.m.-Edla Soller, Scandinavian
fautist.
$50 p.m.-"Brooklyn Daily Eagle
Digest" by H. V. Kaltenborn. asso-
ciate editor of the Brooklyn Daily
Eagle.
p.m-"Eveready Battery Enter
tainers," sponsored by the National
Carbon Company.
10 p.m.-The Harmony Queens sing
ing popular and light standard bal
lads.
Evening star., 1924-01-01
October Losses Extra Heavy.

There was Improvement as to the
number of defaults in each succeed
ing quarter, both during 1922 and
1928 until the fourth quarter but
such is usually the case. For the
third quarter of 1928 there was
considerable reduction in the number
Of defaults, both in the comparison
with the preceding quarter and with
the third quarter Of 1922. During the
last three months of 1923 the number
of defaults was larger in each sue
ceeding month, and for December the
indications are that the number of
insolvencies will exceed those of De-
cember, 1922. December Of this year
being. the first month to show such
an increase. AS to the Indebtedness,
the losses each month have continued
to be quite heavy. One month Octo-
ber last, stands out as a month Of
particularly large losses. During
only one other month since the COM
ptlation of these records, did the
amount of liabilities run so high as
in October this year, that month
being December, 1921, when the in
debtedness was $S7,502,o00.
Evening star., 1924-01-01

The above figures tell their own
story While the number of de faults
during the past three years has been
large, the percentages of failures in
each of these years, particularly 1928,
is somewhat below that of other
years back to 1910
Evening star., 1924-01-01
DISTANT STATIONS.
All Programe Scheduled for Eastern
Standard Time.

WJZ-New York (455 Meters).
Z p.m.-Supper concert by Paul
Specht and his Hotel Alamac Orches-
ira.
Sis p.m-"The TenTalent Man."
by John Jones.
$50 pm.-Piano recital by Ernesto
Berumen.
p.m.-Poems by Carlyle Straub.
$3.50 p.m.-Ernesto Berumen, pian-
lst.
10 p.m.-Songs with ukelele, by
Richard Douglas.
1890 p.m.-Dance program by the
Hotel Astor Dance Orchestra.
Early Program Wednesday.
p.m.-Opera talk by Emanuel
Stieri.
pm.-Harper's Bazaar Fashions
4:30 p.m-Tea music by the Hotel
Commodore Orchestra.
$50 p.m.-Closing reports of the
New York state department and stock
exchange: Iron Age steel and iron
reports; Evening Post news.
Evening star., 1924-01-01

WIP-Philndelpkin 900 Meters).
Silent.
Early Program Wednesday.
1850 p.m.-Weather forecast
p.m.-Artist recital by Maude
handle Justice. contralto, and Mrs.
Frances Babcock. pianist; William II.
Cornog, baritone.
WFI-PhiladeIphia (305 Meters).
p.m-Talk, The Imperial Soul"
by DIR. Spencer b. Meeser; solos, by
Maybelle Beretta Marston, contralto:
Johh Nandersloot, bass; Alix L.
Brown, cellist; Loretta Kerk, pianist;
the WIFI Ladies Orchestra.
Early Program Wednesday.
lO:l5 a.m.-Produce market and live
stock report.
1 p.m.-Meyer Davis Bellevue STRAIT
ford Hotel Concert Orchestra.
1850 p.m.-Agricultural report.
p.m.-Concert by Miss Bernice
Bersus. mezzo: Loretta kerk, pianist;
John 7. Brooks, baritone; Edyfed
Lewis, tenor.
WMC-,Temphis $500 MetersD.
II midnight-Frolic to be an
nounced.
WSB-AtInnta (429 Meters).
3 to 10 p.m.-Georgia Railway ana
Power Company Ragtime Quartet:
Harry Cooper. pianist.
11:45 p.m.-Radiowl concert.
WOC-Davenport CASA Meters).
Silent
Early Program Wednesday.
IL a-m.-Opening maraket quota
tionS and household hints.
hA,- nd y.iyr fn
1905 p.m.-Market quotations and
agriograms.
l p.m.-Chimes concert.
p.m.-Closing stocks and markets.
4:30 pm. - Educational program;
lecture, Toxins Produced in Diges-
tion." by A. L, Willis; music.
WDAP-Chicago (36O Meters).
p.m.-Dinner concert.
IL p.m.-Dance program.
Early Program Wednesday.
2:35 p.m.-Luncheon concert.
KSD-St. Louis l548 Meters).
Silent.
WEAF-New York t402 Meters).
1880 to 10 p.m.-Program same as
WCAP.
Early Program Wednesday.
IL a.m-Musical program.
HIS .m.-"Active Exercise by
Albert X. Aldiuger.
11:30 a.m.-Musical program.
11:40 a.m.-"Forecast of Motion Pic
lures" by Adele F. Woodard.
1850 0a.m.-Agriculturis market re-
ports.
II noon-Market reports.
p.m.-Emma Won Holstein. mezzo
soprano, accompanied by Mr.. Josten.
AIS p.m.-Ada Rubin, pianist.
4:30 pm. Emma Won Holstein,
meZzo soprano.
4:45 p.m.-Ada Rubin. pianist.
pm.-Adeline Grabber, soprano.
5:15 p.m.-Della Riordan, lady bari
Evening star., 1924-01-01
Statistical Records of Big Business
During Past Year

Bank
369O93975000
|Rairoad earnings 1928. $5,43295S000
$8322695000
Building permits, fs2.434262O00
1922. 1,907,766000
Net gold months 1923. 206000
s2.7455OOOOO
1922. 3,931,5130OO
1922. f23.793,000
Untitled 1928
1922..-.........- 6,84000O
l922......... 1S5,462
1922: S049o
earnings II months
sActive spindles fHighest ratios
Evening star., 1924-01-01
LOCAL STATIONS. /
NAA-Navnl Radio station, Radio
Vn. CABS Meters).

1905 p.m.-Weather bureau report
Early Program Wednesday.
9:45 a.m.-Live stock reports.
1905 a.m.-Weather report.
1925 am.-Fruit and vegetable
shipments.
1:45 p.m.-Fruit and vegetable
markets.
1925 p.m.-Live stock reports
3:45 p.m.-Weather bureau report
4:05 p.m.-Hay, feed. crop reports,
specials.
4:25 p.m-Dairy market report.
Evening star., 1924-01-01
Money to Loan

Secured by first deed OF trust on real estate
Prevailing interest and commission.
ToSeDh T Weller 420 Wash L. & Trust
Bldg. 9th & NV
Evening star., 1924-01-01
Radio Editor:

Radio Editor;
Could you or some other fan tell
me what station was broadcasting
some numbers on the piano. The
announcer said 1t was 2X- and
the third letter sounded like q,
testing. I listened to this from
12:45 to lis am. Saturday morn
ing.
On Thursday, about 1o:15 pm.
I heard a man say, Last night we
took a try for the North Pole; the
position of MacMillan's ship was
given. After this some telegrams
were announced S. z.
2XZ station is a special land sta
ion in New York .city.-Editor.
Radio Editor;
heard station wCAo in Balti-
more on December 18 and every
time 1t has broadcast since that
time. The first time ! used three
tubes, but as am going to put my
amplifiers into another cabinet I
have only one wv 201-A tube in
use. My set is Of the three-tube
regenerative type.
A. B. J. CLARK.
Evening star., 1924-01-01
7oo First Mortgage Notes

Secured by FIRST deed Of trust on high
> class improved ID. G. new homes, for
sale in denominati tions OF $3.50 to s5, 900.
CORY & CORY. e07 18th NV,
Evening star., 1924-01-01

Have You Been Stung YETI
Some men have to get stung good
and hard before they learn to be eau
tious in making investments. Be-
fore you invest-investigate
Evening star., 1924-01-01
Radio Editor:

IHuIO EUltOr.
December %, between 1890 and
1850 am. l heard very distinctly
piano concert by station 2XB or
2XZ, but could not understand the
pronunciation of the station broad
casting. VIII greatly appreciate
If you or any of the fans can en-
tighten me as to where this station
is. ! heard it on a one-tube set.
/ am in favor of local stations
signing off at 10 o'clock one night
a week. l. V.
2XB is a special land station al
Fordham University, New York city
Editor.
Evening star., 1924-01-01

Radio Editor;
Referring to George L. Wilcox's
inquiry In Sundays Star:
wish to say that 6KW, Tuinucu,
Cuba, was broadcasting a program
of dance music Thursday. Decem-
Der 81, between 1880 and s pm.
The last number played was You
Little Son of a Gun" They were
on the air later in the evening.
J. G. DUMAINE.
Evening star., 1924-01-01

The cats whisker may have slippe
off the sensitive spot on the galena.
Some of the connections may have
been loose or the tuning may have
been CHARACTERIZATION.
Evening star., 1924-01-01
wBAP-Fort Worth (476 ,Meters,.

$50 to $50 p.m.-Concert by the
Twentieth Century Harmony Club.
1880 to l1:45 p.m.-Concert by the
ffty-piece Fort Worth Police Band
Evening star., 1924-01-01
wJY-New York t4O5 Metersl.

$50 p.m.-"Etiquette." by the Dou-
bleday Page Company.
p.m.-Cello recital by Phyllis
kraeuter.
$3.50 p.m.--Program by Harry Del
lon.
1880 pm-Concert by the Western
Union Boys Band.
Evening star., 1924-01-01
BY RADIO TODAY
Schedule of Wireless News and Entertainment.
Early Program Wednesday
WIP-Philndelpkia (5O9, Meters).
SiIenf

11:55 a.m.-Weather forecast and
market reports.
Evening star., 1924-01-01
Radio Editor;

hdulO
In reply to T. S. C's request,
KDKA., East Pittsburgh, Pa, was
the station broadcasting "Sou-
venir" as violin solo December
26.
Regarding a silent night, I do
not believe that it is necessary, but
that in justice to the tube set own
ers the local stations should sign
off at 10 o'clock at least two
nights a week. Wave traps are not
always effective and the signal
strength is greatly reduced at
any rate, but, withal, the crystal
set owners should be given the
pleasure of hearing the fine local
programs as much as possible.
The following are some of the
stations 1 have been able to pick
up on a wD-II one-tube set using
the single circuit regenerative
hook-up since October %:
WBZ, WAR, WHAZ, WGY,
WIZ, WEAF, 2XB, WOR. WIFI,
WIP. WOO, WDAR. KDKA. WAX,
SXB, wTAM, WSAI, WLW, WWJ,
WCX, WJAZ (9XN), WDAPi, KYW,
WMAQ, WEAS, WCBD, WHAS,
WCAL, xxx, WOAW, woo, KSD,
WDAF, wOS, VINO, WFAA, 6NW.
PWX, WSY, ICU, WSB and WLAG.
NORMAN H. CONNER,
1874 N. H. Ave. NV.
Evening star., 1924-01-01
Radio Editor:

Radio Editor:
Can you tell me WHY II :. +ho+
heard plainly the first mart ~
WRCs program the other night. ON
my crystal set while the last mart
did not come in good?
]. F.. BINNIx.
There are a number of reasons
Evening star., 1924-01-01
Early Program "Wednesday.

$50 am.-"Tonight's Dinner"
9:45 a.m.-Public health service bull
letins.
1925 am.-Weather forecast
II noon-Music by Jean Goldkette's
Orchestra
pm.-Detroit News Orchestra.
$3.50 p.m.-Weather forecast and
market reports.
Evening star., 1924-01-01

2:30 pm. Martha Mahlenbrock,
pianist.
2:45 p.m.-Gertrude Robinson Smith
in a talk, New Yorks Business and
Professional Women"
3:15 p.m.-Piano selections by Mar
tha Mahlenbrock.
$3.50 p.m.-Elsie Dufour, Interpretive
dancer, will talk on Say 1t in Dane
ing"
Evening star., 1924-01-01
WEAA-paIIas (476 Meterxl

WFAA-DaIIH8 V45O MeterSD.
$50 to 1880 pm. and II to am
Program of the Magnolia Petroleum
Company'S Band.
EARLY Program Wednesday.
1880 to p.m.-Music by the Red
Head Gal Of the Dallas Journal.
Evening star., 1924-01-01

Radio Editor:
/ saw in Radio News where a
fan picked up kDKA on a one-tube
set. I have crystal set and get
WAN, WGY and WHAZ.
GARLAND A. ROBEY.
Evening star., 1924-01-01
WOR-Newark (4O5 Meter.).
Early Program Wednesday.

6:15 to 7:30 p.m.-"Music While You
Dine" by Halsey Miller's Newark
Athletic Club Orchestra.
Evening star., 1924-01-01
wsB-AtInnta t429 Meters).

9 to 10 pm.-Georgia Railway ana
Power Company Ragtime Quartet;
Harry Cooper. pianist.
11:45 p.m.-Radiowl concert.
Evening star., 1924-01-01

Radio Editor:
The station that c. E. Brooks
inquired about in the Radio News
was WDAR, Lit Brothers, Phila-
delphia. picked them up as
WRC was sending code.
For the benefit of F.. P. o. J.
would like to say the WGY was
transmitting December % and I
heard Santa Claus reading these
letters.
l see no reason why so many
fans wish a silent night, as / have
no trouble in hearing out-of-town
stations when they are on and I
use a one-tube receiving set using
two variometers and a vario-
coupler, which gives very sharp
tuning.
I have heard the following:
NAA, WCAP, WRC, VIII, WMU,
KDKA, WIP, Aux, WOO, WDAR,
WDAP' wJAz. wCBD. wTAs.
wTAM. WAX, WSAI, WLW, voc,
XIII, xxx, WOR, VINO, WAR.
KSD, WSB, WFAA, WBAP. WLAG,
WOS, WHB, WDAF. KYW, PWX.
WBAY, WTAH, WAN, WBz,
KOP, wwJ, wSAI. WGI. wOAW,
WIFI. WQAY, WIAD, 6KW, WBAV,
WCBA, WGR-
hope to see a full page in your
paper devoted to radio.
F. CHESDINE. 1902 18th st. Sc.
Evening star., 1924-01-01
WGY-schenectady (3sO Meter.,.

7:45 p.m.-Special dance program by
the Blue Bird Orchestra.
Early Program Wednesday.
1890 p.m.-Stock market report
12:40 pm.-Produce market report
l2:45 p.m.-Weather reports.
Evening star., 1924-01-01
wEAF-New York t492 Meter.).

KSD-St. Louis (548 Meters).,
Silent,
Evening star., 1924-01-01

Radio Editor:
/ am 100 miles from the nearest
transmitting station. which is in
Washington and 16 miles from the
nearest receiver / have had many
experiences. l have had the novel
experience of hearing KDKA
broadcasting on two wave lengths
and KFKX manifolding. Thurs
day night / heard WEAF and
WCAP separately while they were
broadcasting a joint program. l
am now listening to a program
from Wardman Park Hotel. WCAP,
KDKA, WWJ and others come in
here on horn connected to a one
tube set.
Have a record of more than 200
stations for the week and 46 in one
night. EDWARD c. GILL
Earlysville, Va.
Evening star., 1924-01-01

WMC-aTemphis $500 MetersD.
IL midnight-Frolic to be an
nounced.
Evening star., 1924-01-01
wHAs-LouisviIIe 600 Meters).

to 6 p.m.-Selections by the Wal
nut Theater Orchestra; weather fore
cast: Just Among Home Folks:
Strand Theater Orchestral; dancing
lesson by Arthur Murray; Miss Mar
guerietta A. King, pianist; live stock,
produce and grain market reports.
Evening star., 1924-01-01
wLw-Cincfnnati 900 Meters).


WLW-Cfncfnnntf 600 Meters).
p.m.-Special remote control pro-
gram from the Starr Piano Com
pany; Gennett Recording Dance Or
cheStra.
Early Program Wednesday.
1880 am.-Weather forecast and
business reports.
$50 p.m.-BusinesS reports.
pm.-Market reports.
) p.m.-Piano selections by Ade-
1aide APPEL.
Evening star., 1924-01-01

S p.m.-Dinner concert.
IL p.m.-Dance program.
Early Program Wednesday.
2:55 p.m.-Luncheon concert.
Evening star., 1924-10-12
PRICE BASIS HALTS
ACTIVITY IN STEEL
Trade Not Yet Adjusted to
Passing of Pittsburgh Plus
Sales Method.
BONDS.
By the Assoc Ia ted Press.


NEW YORK. October 1.-THE pos
sibilIties of changes in the price
basis have kept the steel market in
more or less unsettled condition
during the week and values were ir-
regular and barely steady. However.
new orders showed improvement
from a month ago and the increase
of 1S4,203 tons on the books of the
steel corporation at the close of the
month was considered encouraging
Pig iron was quiet but steady, with
fair scattered demand. Copper has
remained quiet, but no selling pros
sure has developed and if anything
the tone has been shade steadier
owing to favorable prospects for the
German loan and some increase in
the inquiry for exports. This has re-
suited in comparatively little busi-
ness. however. and buyers for do
mestic consumption appeared to be
holding off.
Tin has moved up about a cent
with marked Improvement in con-
suming demand. The advance in
sterling and steadily decreasing pro-
duction had stimulating effect
Lead remained firm and without
quotable change. Inquiry was fair
and the general situation appears
healthy. Zine was firmer owing to a
better export business. although do
mestic demand is still light Anti
mony continues firm, but business is
small.
Evening star., 1924-10-12
COTTON SELLS OFF.
Further Decline Partially Due to
Favorable Weather.

NEW YORK. October 11.-More
favorable weather reports than ex-
pected from the South and prospects
for a continued increase In the move
ment OF cotton to market seemed to
be chiefly responsible for a further
decline in prices here today. De-
cember sold of to 23.2S, making new
low ground for the movement and a
decline of 40 points from yesterdays
closing quotation. The close was at
that figure. the general market clos
ing weak at net declines OF 81 to 40
points.
The market opened easy at a de-
cline of IA to Is points. owing to
the good weather map and relatively
easy Liverpool cables. There was no
sign Of the predicted showers in the
South, which was disappointment
TO some of Fridays buyers and ac-
counted for part of the early selling.
The early action Of the stock mar
ket was regarded as indicating that
the signing of the German loan con-
tract might have been discounted in
speculative sense, and this. may
have been a factor on the decline.