davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
H|CH-GRADE BONDS
TREND UPWARD
Advance in Renewal Rate of
Money Has Little Effect
on Market.
By CHARLES r. SPEARE.

Special Dispatch 10 The Star.
NEW YORK, February l5.-The ad-
vance in the renewal rate of money
today to AZ, per cent was not factor
in the market for high-grade bond is
sues. United States Government Treas
ury certificates moved upward and
there were several OF the low coupon
rails and public utilities that exhibited
considerable strength
The effect of fairly high money
rate seems to be more in the way OF re-
ducing the volume of transactions than
in distributing prices. Most Of the
trading is in Semi-Speculative domestic
issues or in foreign bonds whose re-
turn is so high that this group is not
prejudiced by money conditions.
important Development
One of the most important Of the
days developments was the declaration
of the first interest on the adjustment
bonds of the new Chicago Milwaukee
& st. Paul and Pacific Railroad. This
was declared today at the rate OF !.
per cent. covering period between
February !. 1925. and June 80. 1927,
with an additional payment Of half OF
last year. The adjustments are nom
cumulative prior to January l. 1880,
but cumulative thereafter The men,
bers of the old st. Paul defaulted bonds
were fractionally higher.
Irregularity marked the inc Lstrial
list. The feature was the rise to new
high price in J. Kayser 5i3S, which
followed the stock and gained 212
points. Pathe Exchange Is declined 3
points. Brooklyn Union Gas 5las were
up IL points and Liquid Carbonic IS
about q point. There were fractional
gains in the sugar and iron and steel
issues, with lower prices in the metals.
rubbers and in several Of the local trac-
tons.
Duquesne 4iss Feature.
A broad movement occurred in Du-
Quesne Light 4l2s. which were turned
over freely at 101 Philadelphia Co.
5i2s were close to par. and New Orleans
Public Service SIS touched par The vari-
Gus issues of the American Telephone
s. Telegraph Co. and its subsidiaries
were well taken.
In today's new issues. amounting to
over $4,000, 900. the Republic of Fin
land 5ias attracted most attention. OF
the $4,000, 900 amount offered over
81 600 900 were reserved for sale abroad.
This is another refunding issue. but of
an internal rather than an external
loan.
A significant evidence of the change
In investment distribution methods was
given in the caption over another new
issue today, which stated that Sub
scriptions from investment dealers have
been received in excess Of the amount
OF this offer" and that bonds were still
available to the private investor
through such dealers as have not dis
posed of their commitment"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
LOCOMOTIVE PLANT
SHOWS 1927 PROFITS
American Corporation Reports Net
Income of $6,39l,27s-Figures
Drop Below Record of 1925.

By the Associated Press,
NEW YORK. February IS LPl.-Net
income of the American Locomotive Co.
for 1927 was ss,3sl,2 7S. equivalent to
1857 a share on 3S3.096 shares OF
preferred stock and $3.50 per share on
10000 shares OF common stock out
standing. the annual report showed To-
day. In 1896 net income totalled S.
ol5.939. equivalent to $20.S3 per share
On 385 900 shares Of preferred stock
and $7.45 per share on 10000 shares
Of common stock outstanding.
The board OF directors informed stock
holders that continued depression In
the railroad equipment industry had
been especially acute during 1927 and
that drastic curtailment Of expenses
had been made Economies thus effect
ed, In conjunction with the more stable
earnings OF the Railroad Steel-Spring
Co, and income from securities the
company owns. the directors said. were
reflected In the net profits for the year.
II was explained that although the
equipment business formerly paralleled
the trend of general business. increased
efficiency of railroad operations through
movement of heavier train loads on
faster schedules and by longer loco
motive runs has disturbed the coinct-
dence.
The directors expressed the belief,
however. that when the general BUSH
ness growth Of the country has caught
UP with present railroad equipment
capacities. more locomotives viii be
needed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
Baltimore Markets

BALTIMORE, February Is Especially
Potatoes, white. 100 pounds. l3oa
225; barrel. l50a3.75: sweet potatoes,
barrel. 2.50a3 so: vans, barrel. 3O0a
35o: beans, bushel. 3.50a6.50: beets.
crate, l.75a2 90: cabbage. hamper. l2o
al.7S: caulifiower. crate. l50a2 90; car
rots, bushel. l.2Sal.5 celery. crate.
l.75a2.75: cggplants. crate. ,5Oa3'o0'
kali. bushel. 35a40; lettuce, hamper.
l 5Oa2 rs; onions. 100 pounds. LISA. 10:
peppers. crate. 375a5 90: parsnips. bas-
ket. 2Sa30; savoy cabbage. busilel. ooa
so: spinach. buShel. ll5al so; tomatoes,
crate, 2.50a400 turnips. basket. 2oa3o.
Apples, bushel. l.25a3 90; barrel. $50
as 90: cranberries. box. 6.0oaT 90; grape
fruit. box. 3.50a500: oranges. oox. sou
MS. 90: tangerines box. 3.5oa550: straw
berries. quart. 55a6S.
Hay and Grain Prices.
Wheat~~No. red Winter export.
LAT: No red Winter export. no QUO
tation; No , red Winter. garlicky. do
nestle, l.AS: No, 3 red Winter. gar
iicky, domestic. no quotation.
Corn~~No. yellow. domestic. LOT:
No. . contract. export. los; cob corn.
new, 460a4,75 per barrel,
Oats-~No > white. domestic. 64a6S:
No white. domestic. 63a64.
Rye-~Nearby. l.o0al.l0.
Hay--~Reccipts none. Hay Is arriving
here In fair quantity. but the demand
for hay locally Is very limited. and not
enough actual business Is passing to
establish quotations OH the various kinds
OF grades. Range Of prices about $l4 70
SIT per ton for good hay IN timothy and
clover mixed.
straw-~No. l wheat, ll.0oal2Oo per
ton. No. >. l300aia.00.
Country Produce.
Live poutry-Turkeys. pound. 38a&5:
old, IS. poor and crooked breasts. as:
Winter chickens. 3sa40; young chickens.
3aa33: leghorns. 27a28: poor and thin.
a0a22. old hens. 2Aa2o. leghorns. 30a
~. capons. 28a38: old ROSTERS. l5ai6:
ducks, a5a28 poor and thin. 30a22:
guinea fowls. each. 40a&a; pigeons. pair.
30a36.
Dressed poultry~~Turkeys pound. Ssa
As. old. 35a36. poor and crooked
breasts. 2baa0; young chickens, 30a33:
old. 24aa6: roosters. l6ai1. ducks. 3Sa
30. capons. 30aao,
Eggs Receipts. i20a cases. native
and nearby current receipts. IN free
cases, dozen. 27a3o; strictly fresh.
dozen. 32aa3.
Butter~~dood 10 fancy creamery.
pound. aaa4D, prints 49asi blocks.
i8ab0. ladies 37a38, rolls. 3%a3d store
packed. a2aas dairy prints. 9taas:
process. Asaa3,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
EVERYMAN'S
INVESTMENTS
Bank Rates Here and Abroad.
BY GEORGE r. HUGHES.

When the sales Of Government Sc
curities do not correct undesirable con-
ditions in the speculative markets, the
next step OF the Federal Reserve Banks
is to raise the rediscount rates. This
was what was done In January. It was
the reverse Of the operation of last Au-
gust, when rates were lowered to effect
easier conditions abroad and permit the
unsettled currency situations there to
return to normal.
The Federal Reserve Banks Of the
United States stand in the same rela-
ton to the money markets as do the
great banks of issue in England, France.
Germany, Belgium and elsewhere. Be-
fore the Federal Reserve system became
operative there was no such thing as
national gauge of money conditions
For generations, however, the redis-
C >unt rate of the Bank of England. Of
the Bank of France or of the German
Reichbank was the guide for all Dor
rOWerS and lenders to follow. This rate
could be adjusted to meet the require
ments Of banking and of business. In
vestment and speculative markets were
very sensitive to its changes. It was
frequently necessary, In the interest of
debating market situation, to draw in
funds through the medium of higher
discount rate, or. when trade was de-
pressed, to release funds in order to
accommodate commercial requirements
This automatic adjustment has been
woven into the operations of the Fed
eral Reserve Banks and has been en-
ployed frequently in the past five years
The control that these banks and their
governors have over the monetary az
fairs Of the country makes their respon-
sibilities very great, and there are al
ways those in Congress who are watch
ing out to see that these powers are
not abused.
It Is not unnatural that one section
Of the country at times feels that 1t Is
being sacrificed to the interest of an
other section. but when the charges
made since the war regarding the ad-
ministration Of the Federal Reserve
system have been sifted down they
have contained little to justify real crit
iciSm of 1t.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
Cotton Broker Suspended.

NEW YORK. February Is Ap.~~Wal-
ter 4, Hicks. member Of the New York
Cotton Exchange. was suspended today
for inability to meet his obligations. II
was announced from the losteum ei
the eAehanke.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15

MIAMI. Fla. February Is tP,.-Tru-
man Monroe SHETLAND. 70, multimil-
lionaire real estate owner Of Cleveland.
Ohio died Unexpectedly yesterday AFT
ernoon III his apartment here. Death
was caused from cerebral henorrhaEc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
Aerial Party Forced Down.

WILMINGTON. Del. February Is
UP-~A fiye-paSsenger Fasrchilds air
plane, en- route from Curtiss Field. N. y.
10 Florida, was forced 10 land here YES
terday To await favorable weather. Be.
sides the pilot the plane was occupied
by William A. Winston. Miss Margaret
Bartlett and Miss Edna Franks Of New
York and Miss Norma Dietn Of Rich
mond, Va. The party will resume the
flight today II the weather permits.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
Washington Stock Exchange

SaleN.
Wash. r. &, E. 4s-s2 900 at 92a. / 900
ct 92fs, $4,000 at e27s
Barber & Ross 6i.s-sl 900 at 94+
$4,000 at 81. $1,000 at "a.
Pot. Elec. Sc pfd.-5 at ll2
Wash. r. &, e. pfd-l0 at 1929, 10 at
1929, 10 at 1925, 10 at 1925, 10 at
1923. 10 at 1925
Riggs Natl Bk.-I0 at 5095x.
Uniou Trust Coz at 315.
Chevy Chase Dry. pfd-5 OF 100.
Col. Sand & Gravel pfd.-5 at 1857.
Merch. Tfr &; Stge. pfd.-5 and no.
After Call.
Barber 6, Ross CONS at 32k.
Cap Tract Co.-lo at ll5,2. 10 at
Pot Elec. So pfd.-5 at ll2A.
Sanitary Grocery Co. pfd-5 at lot.
City & Suburban SSH 900 at 997..
Wash. Gas SIS "b"-si00 at 1903.
Wash Gas Ito at 88A.
Sanitary Grocery pfd-l0 at 107.
Cap. Tract $500 at l04i2
Pot. Elec. 6s 1851 900 at 100.
Money Call loans, 5 and 6 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
TtTLE tasi.hAsCF
MISCELLANEOUS

Canned asparagus from America Is
considered d great delicaey on Chinese
GiGEeG tables. -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
BYRD ACCEPTS DATE.
Governor Will Attend Monroe
Shrine Dedication April %.

Shrine Dedication April %.
Special Dispatch 30 The Star,
FREDERICKSBURG Va. February
i5.-Gov. Harry r. Byrd has accepted
an invitation to represent Virginia At
the dedication of the national shrine
10 President James Monroe, which VIII
be held here April %. instead OF April
10. rs had been announced. That viii
be the 10th anniversary OF Monroe 5
birth
Theodore Douglas Robinson. Assist
ant Secretary of the Navy, descendant
of q brother of James Monroe. will be
among the speakers, President Cool
idge has been invited. and the principal
address will be delivered by Representa-
tive r, Walton Moore OF the eighth Vir-
ginia district.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
Oil Company's 1897 Profits.

SAN FRANCiSCO. February Is Lp,.-~-
Richfleld OH Co.'S net profits for ,9a7
rose 10 &J.p4a .68a. equivalent Ia %. 10 on
the common stock. from 3.dda. 400. or
$23a u share In 1899 Sales were 500
$4,000, against So. 0fi 900 IN iaad. an
increase OF 20 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15
FINLAND GETS LOAN.
New York Banking Syndicate An.
nounces SIS, 1000, 900 Deal.

NEW YORK, February IS Op.-A
banking syndicate headed by the Ma
Of $4,000, 900 TO the Finnish govern
ment. Public offering Of the issue,
which IL in the form Of 512 per cent
sinking fund gold bonds. due February
/, 1858. will be made today at 921a
and interest.
The loan will represent no new
money for the republic. as 1t will be
used to retire 61z per cent issus
brought out in 1921 In Norway. Den
mark and Sweden.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-15

BAYONNE. N. j.. February IS OP.-
Major Clement. alias Charles Williams,
negro. 80. was arrested yesterday at the
home Of his sister on warrant charg-
ing him with staying Olin Thomas In
Monticello. Ga. III 1915.
Clement confessed. police said. that
he had shot the man. but did not know
he had died.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
FIFTY REPORTED KILLED.
Wind Sinks Boats-Crack Train
Brought Almost to Stand
stiII-Ship Sends SOS.

London-London was virtually cut
off from the rest of the British Isles as
well as the continent by the three-day
storm which has killed at least so per-
sons, injured scores, made many
homeless and caused damage which is
expected to total millions.
Eighteen hundred London telephone
lines are down. Only a single tele
graph line connecting England and
France. The gale was the worst to
sweep the channel in 80 years. 1t
forced ships to send S. 0. S. calls and
delayed Atlantic liners. Small ships
in the harbors sank at their anchor
ages or were torn away and dashed
like toy boats agai1 coasts or
beaches. Transatlantic liners have
been delayed in sailing from 10 to Is
hours. The Greek steamer Amazon
sent out an S. o. S. 1t is helpless with
rudder broken, mast snapped and ra-
dio damaged. The liner Lubbock and
other vessels are rushing to its as.
SiStance.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
HOOVER BEGINS
GOODWILL TRIP
The Official Itinerary to Be De-
Cided In Conference On
Dreadnaught.

Palo Alto, Calif.-Herbert Hoover,
president-elect, left here for San Pc
dro in his special car for San Pedro,
where he will embark on his goodwill
trip to Latin-America.
Before Mr.. Hoover departed, three
men carrying banners said by police
to be Of a communistic nature, were
arrested and hustled off to Jail. Mr..
Hoover either failed to see the BAN
ners or ignored them until the slight
commotion caused by the arrests
forced itself upon his attention.
Ambassador Henry P. Fletcher, who
will accompany Mr.. Hoover in the
capacity of a special representative of
the state department arrived in Los
Angeles. The definite itinerary for
the trip will not be completed until af-
ter Mr.. Hoover has conferred aboard
the ship with Ambassador Fletcher.
Under the present plans, however, the
first stop will be made at Corinto.
where the president-elect will make
his first official explanation of the
purpose of his visit to the Latin-Amer-
lean republics.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
RUTLEDGE

Chas. Peterson and Miss Lottie Pet
Jensen and Underhill homes Tuesday.
Mrs. P. A. Carter was pleasantly
surprised last Thursday when Mr. and
Mrs. Treanor, Mr. and Mrs. James
and son, Donald, of Paynesville, mo-
tored up and spent the day at the
Carter home.
Mrs. H. P. Webb, Mrs, A. NJ I'm
derhill and children, Mr.. and Mrs.
H. S. Underhill of Sandstone, were
Sunday afternoon and evening guests
at the Underhill home here
Mr.. and Mrs. Carter and Glen, Mrs.
Underhill and Art, and Miss Mitchell
went to Sandstone Friday evening to
see why Smith Left Home" and en-
joyed the play very much.
H. S. Underhill of Sandstone, had
the good luck to bring home a very
nice deer Sunday, which he shot on
his brother Arts farm.
Mr.. and Mrs. Menkie and children
of Baudett, are spending the week at
the Guss home, and visiting their
friends here and in Finlayson.
Mrs. r. E. White has returned from
Hinckley, where she had been taking
care of her mother who was i'll.
Thomas Peterson came down from
Brainerd to spend Sunday with his
wife and mother.
Sunday visitors at he d. S. Scott
home were: Miss Buddy Boutwell,,
Mr.. and Mrs. C. N. Loamis and son,
Dwayne, Miss Maxine Davis, Mrs. w.
w. Scott and daughter, Olive, and M.
Bugold.
G. Schubert was Finlayson pas
senger Friday.
Mrs. c. Davis and son came UP
from Minneapolis Saturday to join
her husband, who has been here hunt
ing. They were guests at the Kepler
home.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22

Moose Lake, drove down Saturday to
help John Erickson celebrate his
birthday anniversary and visit rela-
tives in the community. They re-
turned to their homes Sunday
Mr.. and Mrs. G. E. Hendricks at
tended Sunday school at Bear Creek
Sunday afternoon.
George and Rudolph Rydberg re-
turned home Friday, after an absence
of several weeks. They have been
working in Dakota
Miss Gerda Wheeler attended the
meeting of the directors of the Farm
Bureau association at Hinckley Sat-
urday.
Four Johnson brothers of Fridley,
spent Sunday at the Joe Peter home
Oscar Johnson stayed until Tuesday,
when Agnes and Helen Peter accom-
panied him to Minneapolis, where
they will be employed.
Many from here attended the serv-
ices held Sunday evening at Sand
stone by Rev. G. r. Siemens of
Grantsburg, Wis.
Percy Moore has a fine new sheep
house almost completed. Alva Minks,
is doing the building.
Philip Johnson worked for Harvey
Bacon the past week
Mr.. and Mrs. G. E. Hendricks at
tended the church services of their
son, Paul, at Hinckley, Sunday eve
ming.
Sunday school is being held at the
Gerda Wheeler home through the
winter months. Everyone is welcome.
Special singing is planned for next
Sunday.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
Officers Say Vestris Leaked

New York-The blunt, hating, re-
luctant testimony of two officers of
the sunken Vestris, dragged from
them bit by bit by United States At
torney Charles Tuttle during the
hearing before Commissioner Francis
A. O'Neill, served to throw new light
on the snuffing out of Ill lives. The
officers spoke in the language Of sea-
men and made no attempt to clarity
their statements.
Into the records went to following
facts: That the Vestris was leaking
from five places the morning after 1t
sailed from New York. Water began
to pour into the hull early Sunday
Two Of these leaks were fixed, the
other three could not be stopped.
Then two more leaks were found. That
IL hours before the S. o. S. was sent,
all the pumps were working unsuccess-
fully to get the water out of the rapidly
listing ship.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
Two TornadoeS Hit Iowa

Vinton, Iowa-Two Tornadoes drop
ped out of black skies in three separ-
ate localities of northern Iowa killing
one and injuring six with property
damage that will run into many thou
sands of dollars. Two twisters struck,
one sweeping down about five miles
south of Vinton, in Benton county, cut
ting path for II miles, then bound
ing, to drop on Silver Greek, 20 miles
northeast. The other tornado, at about
the same hour, struck at Chester, 80
miles northwest of Silver Creek.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
2 Wives SWapped, Children

New Auburn, Wis.-Two wives,
each suing their husbands for d.
vorce on grounds of cruelty, have
traded homes and now each is the
housekeeper for the others husband.
The strange trade" included, besides
the wives, II children from 1 to Z
years old, and large quantity of
household furniture. Mrs. Lizzie
Heidelberger, 40 years old, has moved
to the home of William Brown and
Mrs. Brown, 40 years old, has moved
to Edward Heidelberger's' home.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
Bow Wins Stock Contest

st. Paul-Ernest Palmer, 17-year-old
Minnesota boy Of Warren won the SUI
preme honor in the baby beef division
at the eleventh annual Junior Live
stock show in South st. Paul, when
his Aberdeen-Angus yearling was de-
clared the grand champion among beef
animals of all ages and breeds. Hen
ry j. Pankratz Of Mountain Lake won
the reserve championship, with his
fine purebred Shorthorn yearling. The
yearling baby beeves swept the board
at the 1928 junior show, winning off
top honors from the younger calves,
in competition open to cattle of both
ages.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
What's i'm q Name.

Uncle Eli raised the crust of the
restaurant-made chicken pie and sat
looking at the neither contents in
tently for a while. Then he called
the waiter. Look here" he said
What did 1 order?'
Chicken pie, sir"
"And what have you brought me?'
Chicken pie, sir"
Chicken pie! Why, there's not a
piece of chicken in it, and never was
"That's right, sir. There amt no
chicken in it,
"Then why do you call it chicken
pie? I never heard of such thing"
That's all right. There don't have
to be chicken in chicken pie. There
amt no cottage in a cottage puddin'
as know of. Chicken pie-that's just
the name of it,
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
FARM AND HOME
INFORMATION
High Grade Alfalfa.
(By U. S. Dept. of Agriculure)

Rain and snow do not improve the
quality of alfalfa hay. Considerable
losses in the quality of alfalfa from
weathering, stack spot, or shattered
leaves, which occur in regions where
the practice is...to stack alfalfa and
leave it exposed to the weather, could
be largely avoided if it were baled
at favorable time and stored in
sheds or warehouses until shipped,
says the U. S. Department of Agri-
culture.
Farm Tan.
Sometimes, for one reason or an
other, conditions are such that the
occasional producer of one or two
hides or skins cannot market them at
a profit. Under such conditions the
hide or skin is likely to be a COM
plete loss both to the producer as so
much raw material and to the country
as its equivalent in leather and leath-
er goods. This loss can often be pre-
vented by tanning the hide or skin
on the farm. The leather product will
not be as attractive as commercially
tanned leather but will be serviceable
and satisfactory for many jobs on the
farm. Detailed directions for the
home tanning of leather and small
fur skins are given in Farmers Bulle-
tin 1334-F, copy of which can be
had free upon request to the U. S.
Department of Agriculture.
"SDiIled Milk"
There has been a popular impress
sion that COW should not only be
MIXED regularly, but also that she
should be MIXED each time by the
same man, which doubtless has had
much to do with many persons dis
taste for dairy work. Persons who
have to milk cows may take heart
from statements of U. S. Department
of Agriculture dairy specialists, who
say that with average to good cows,
milking may be done occasionally at
irregulars hours without any marked
effect on production, and that produc-
ton is practically the same whether
the milking is done by the same per-
son or by different ones, provided the
various mixers are equally proficient.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
DANFORTH TOWNSHIP

Martin johnson went to Hinckley
Saturday to attend the Pine County
Young Peoples Conference.
Mr.. johnson of Mahtowa, conducted
Swedish services at the school house
Sunday afternoon.
Deer hunters near the Percy Moore
home Friday shot a large bear.
Mr.. and Mrs. L. E. Erickson of
Fondulac, Mr.. and Mrs. Thomas
Glenn of Superior, Mr. and Mrs. Carl
Erickson and family of Duluth, and
Mr.. and Mrs. AXel Friesendahl of
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-11-22
Stock Sales 100000 Shares

New York-The greatest stock mar
ket opening in recent years took place,
when more than score of issues were
pushed up SO to SIG share in the
first few minutes of trading on buying
presumably Influenced by the unex-
pectedly small increase of less than
100000 in federal reserve brokers'
loans. Twenty stocks opened with
blocks of 5000 to 10000 shares, total
sales in the first Is minutes of tape
time aggregating nearly 100000
shares.