davidaulloa/AmericanStories huggingface dataset:
Evening star., 1935-03-25
Kuhe Lmp but Has Msgn Patched Gmen Set for Comeback
SPoRTScopE|
Brown to Give Tip-of
on Joe Louis, Asserts
Harry the Horse.
BY FRANCIS Z. STAN.
NHE man nibbling the hamburger
and punching the bag with
Mons. Goldielocks Ahearn

"HE man nibbling the hamburger
and punching the bag with
Mons. Goldielocks Ahearn
probably was the best-in-
formed gent in town on the topic. 50
what he was a-telling Mons. Ahearn
about Matte Brown and Joe Louis had
even our sole surviving species Of night
matchmaker listening and replying in
monosyllables.
I'm a few days we should find out
lust where Brown stands in the fight
racket" observed Harry (The Horse)
Raskin, who Is a sort Of rover on the
seas of fistiana, a very good man to
have in your corner If you are q
fighter and who will second our Nathan
in his box fight with the Black Menace
this week in Detroit.
Harry the Horse originally
hailed from Detroit and knew
Louis when. Harry the
Horse also knows Brown, the
fight game, and where TO buy
digestible hamburgers.
yeah" agreed Mons. Ahearn, I'VE
should find out. ! wish Matte could
win. He Is a good boy and q good
fighter and deserves a break. Besides,
whatta drawing card he would be here
il he whipped Louis. The customers
who were razzing him would turn out
to cheer him."
Unconsciously, Mons. Ahearn rub
bed his palms together brskly.
Evening star., 1935-03-25
Browns Record Better.

Browns Record Better.
TTARRY THE HORSE still was
wound up. You could see he
was not boosting Matte only be-
cause he will squeeze sponge over
his head in Detroit Harry the Horse
was drawing on years Of background.
II saw Louis from the time he
started as an amateur. He hits like
h with either hand. He is pretty
good boxer, too. But who has he
licked? Lee Ramage Is only fair.
Lee and Patsy Penoni and Charley
Massera are the best fighters Louis
has fought. Red Barry" with sniff,
well, you know how awful Red Barry
is. Everybody beats Hans Birkie and
Don Petrin. The rest, except Buck
Everett, were lot of buns.
"Well, take Louis record and
take Natie's 1884 record and
you'll find Browns Is better.
Here is Louis getting all the
publicity In the world, more
dough than he ever dreamed Of,
and offers to fight Baer.
"Here is Matte, who wins II fights
and draws in out Of Is starts last
year, starving to death. He has not
fought since the Mickey Walker fight
here last October because he Is too
tough for the boys and cannot get q
break. He beat Birkie and Petrin,
too, and also Johnny Risko, Walter
Neusel, Marty Gallagher and some
other fighters better than any Louis
ever met"
H. the H. drove on. Joe has never
fought a man who climbed all over
him, who tried to get inside Of that
wallop, who has style like Matte.
Ramage, Barry, Massera, all Of those
guys, backed away from Louis and
that is what he likes. He follows 'em
around with his right pulled back,
waits for an opening, and, bingo.
they're dead.
| But Brown, he will not back
away. Me and Billy McCarney
| will see to that"
Evening star., 1935-03-25
Sports Mirror

BY the Associated Press.
Today a year ago-Horton Smith
won Augusta Masters invitation golf
tourney, Bobby Jones tying for thir-
teenth place.
Three years ago-Ben Eastman
lowered 440-yard record to 46 3i5 sec
onds, clipping of Ted Meredith's
mark.
Five years ago-Benny Friedman
named to Yale's foot ball coaching
staff
Evening star., 1935-03-25
Pro Hockey

BY the Associated Press.
National League ay-offs-New
York Rangers, 2; Montreal Cana
diens, /.
International League play offs
Detroit, 4; London, 0.
American Association play -ofts-
st. Louis, 4; Tulsa, /.
Canadian American League-Boston
4; Quebec, 8; New Haven, 8; Provi.
dOee, 0. y
Evening star., 1935-03-25
Concerning Lefty Conner.

NohccrmHS Leity uOmez.
r EFTY GOMEZ faces 1885 with a
II dead pan. a lively arm, and a
care-free soul.
Few seem to understand that the
tall and wtllowy Yankee pitcher had
the best all-around pitching average
Of 1884.
How? Figure it out. He had a
better pitching average than Dizzy
Dean and he won more games than
Carl Hubbell, who led both leagues in
the matter of earned runs.
Gomez won four games fewer than
Dean, but he also lost two fewer.
Carl Hubbell had an earned ru1
average Of 2.3o a game and Gomez
had 233, while Dean had 2.65. But
Hubbell won only 81 games and
dropped IL.
Schoolboy Rowe won -
games, lost 8 and finished
with an earned run mark Of
3.45.
So, when you finally unscramble al
the vital statistics, there is Lefty
Gomez with the best all-around pitch
ing combination Of the year just
behind US.
The fact that Dean and Rowe car.
ried away most Of the chaplets oi
wild apple blossoms handed out
doesn't seem to bother Senor Gomez
In fact, there practically is nothing
that bothers Senor Gomez, in spite
of his Latin blood.
Why should it? He is only Is year
old and one of the best paid athlete
in the trade.
Evening star., 1935-03-25
Totals 81 3 27 II
Totals "A Is ~ /.

puns-Reeyes, Hosteller. susko. Wilson.
Packard 5SI: Peters; Bell KsTr 5S, glsssf' psssss
Runs batted in--Manush. McDSnald ~,
NILS. su,ko: wilson 90 rhil1lps. hies..Hos. Has.
sss5: Cd Sss gsrrssSers. Ssss on 1aiissf stTSsf
dsthnaBss ontmBy rRomss, /; bs Cohen, z; by GaT-
ruthers, O.. Double plays-Mills 70 kuhei.
Kerr to Mcdonald. Peters to Reeves to
Pickett. Hits-Of Tennant. 9 In 3 IN.
nines; OIL Thomas. o In 5 innings: on
Carruthers. Q in inninsS: on Cohen =
and Chapman.
Evening star., 1935-03-25

The big Yankee first baseman has
so much power in his hands, arms
and body that he doesn't need the
pivot many others require.
He can whistle that piece of
ash furniture as II 1t were .
light broom handle.
And he knows how to wait on the
pitch. Lou rarely makes the mistake
of swinging or hitting too soon. That
isn't his nature. Even in a pinch he
is calmer than a st. Petersburg sun
set.
Evening star., 1935-03-25
The Gehrir of 1895.

Int UtnrIS OF I5oJ'
T Asst year Gehrig hit 1868. His
output included 49 homers, 6
triples and 40 doubles.
Last Spring" I told Lou, Il thought
you were standing too flat-footed, with
your feet too far apart"
Gehrig grinned. Maybe" he said,
that's why I didn't do any better"
Evening star., 1935-03-25
Matte Is Louis Toughest.

vvARRY THE HORSE deftly nip
II ped a rebellious drop OF catsup
before it made a solo flight from
the hamburger to his necktie before
resuming.
"But most Of ALL" continued H. the
H.. impressively, 1.-The fight will prove
how good this Louis Is. I get paid
for seconding Matte Brown, but even
If didn't have anything to do with
the guy, I'd say he IS one OF the three
or four toughest heavyweights in the
world. Sometimes think Matte
should pay the customers to watch
him, too, but from the standpoint OF
results, Brown is there. He easily is
the best fighter to be matched with
Louis.
Mons. Ahearn, who was entertain
ing the bag punching session in his
Olde Shirte Shoppe, lost a sale by
ignoring a customer, but he did not
seem to mind, this time. Possibly he
was dreaming a match for Brown at
Grifith Stadium this Summer. Brown,
billed as the conqueror Of Joe Louis,
should draw well.
"His style Is terrible to watch:
his punch is nothing" went on
Harry the Horse, "but next TO
Petey Sarron, I'd say Matte
thinks faster in the ring than
any fighter 1 know.
He would make Camera look like
a bum. With one hand he could
lick the Imp. Braddock and Lasky
would go nuts trying to get in a sock
"Baer is the only guy would back
to lick Matte and Max would be nc
sure thing. Louis. I figure. has nc
better than an even chance next
Friday"
Evening star., 1935-03-25
The Gomez Slant.

N FY MAIN job" Gomez says, 'is
Vl to walk out into the box and
keep the other fellows from
making hits and runs. Whatever hap
pens, give 'em the best I have for
that day. Others may grab the head
lines, but if I can keep on winning
26 games and losing only 5, some
body might finally decide some day
that might make pitcher in time.
My job is to win all the ball games !
can, and not bother too much about
anything else.
"Color? I never thought
about that. Give me . fast
ball, q good curve and good
control and don't care
whether am pink, purple,
green or sky blue.
There Is only one thing" remarked
Senior Gomez, that means anything
at all. You've either got the stuff
or you haven't. The rest is the color
of spinach or carrots. You can take
your pick"
Under that dead-pan frontispiece
attached to Gomez there turks q
philosophy and q competitive dispo-
sition of the highest rank.
(Copyright. 1885. BY North American
Newspaper Alliance. Inc.)
Evening star., 1935-03-25
AS Would Tie Giants.

JACKSONVILLE, Fla.-Aiming at a
draw in the six-game grapefruit"
league series with the Giants.
Connie Mack's Philadelphia Athletics
went after their second straight vic
tory over the New Workers today.
After taking yesterdays encounter
for the second victory over the Giants
In five games, Mack sent his oldest
veteran, Roy Mahafiey, and one Of
his most promising rockies, Dutch
Leber. to the mound in an effort to
even the series.
WEST PALM BEACH, Fla.-The
st. Louis Browns had a spirited prac-
tice session today after their 4-to-l
defeat by the Buffalo Internationals
yesterday, their first defeat in eight
starts and the second in 10 exhibition
games.
Tomorrow the Brownies will take
on Buffalo again at West Palm Beach.
PASADENA, Calif.-With the ar
rival Of AL Simmons annual Spring
batting slump, Manager Jimmy Dykes
is giving his spare Chicago White
Sox outfielders chances to show off
As long as Simmons remains out of
the lineup. Mule Haas, Jocko Conlan
and Bud Hafey will take turns In
center field.
Evening star., 1935-03-25
STICK SLUMP HITS
CUB F|RSTSACKER
Vice President Grimm Frets
Over Pilots II Straight
Barren Times at Bat.
BY the Associated Press.

r OS ANGELES.-Vice President
Charlie Grimm of the Chicago
l. Cubs Is beginning to wonder
when manager and first base
man Charlie Grimm will start hitting.
He had a string Of II consecutive
fruitless times at bat against his
Spring training record today. How
ever, the misery In Grimm's back,
which kept him out of many games
last season, apparently has disap-
peared.
WINTER HAVEN, Fla.-Even bet
ter news to the Philadelphia Phillies
than their 7-to-6 victory over the
world champion st. Louis Cardinals
yesterday was the word that Manager
Jimmy Wilson's ailing back has been
cured.
More or less of q secret among the
club members, wilson's back has been
bothering him for years. After catch
ing yesterdays game he said 1t was
the first time In four years that he
experienced no pain.
TAMPA, Fla.-Johnny Mize, poten-
tial first sacker, had orders from Man
ager Charlie Dresser Of the Cincin-
natl Reds to take it easy today as
the Reds prepared for a game with the
Toronto Maple Leafs. An old leg in
jury has been bothering Mize.
The Reds yesterday showed under
the Boston Red Sox, 10 to 4.
SAN BERNARDINO. Calif.-Their
seven-game winning streak suddenly
ended, the Pirates moved back to San
Bernardino today to continue their
warfare with the Chicago White Sox
The Sox downed the BUGS yesterday,
l0-7, after losing four straight.
Leiber Making Good.
OF. AUGUSTINE, Fla.-Hank Leiber,
- young outfielder, conducted a
lengthy holdout campaign before
he could be persuaded to sign q New
York Giant contract this year. Events
since he signed indicate he was justi-
fed in asking for more money. Leiber
has been one Of the Giants leading
sluggers so far and a feet ball hawk
as well.
SARASOTA, Fla.-The Red Sox and
the Braves again, with the Sox one up
on their Boston neighbors.
Freddy Frankhouse and Huck Belts
will do the tribal pitching, and Frank
| Garrity, who has been impressing
Manager Bill McKechnie of late, will
do the catching for at least part OF
the game.
BRADENTON, Fla.-Fishing and
golf occupied the st. Louis Cardinals
today after a short practice session
Dazzy Vance and Ed HeuSser will pitch
tomorrow against the Cards American
Association farm" Columbus, at Avon
Park.
| ORLANDO, Fla. Manuel Onis
young catcher recommended by A
Lopez, may catch on In his first bic
for a place in the major leagues.
Onis has come along so fast this
Spring that Casey Stengel seriously Il
considering carrying him as third
string catcher for the Brooklyn Dod.
gers. Lopez and Gordon Phelps art
the ranking receivers.
Evening star., 1935-03-25
ice Given Extra Work.

placed on the ankle by the in
crease in exercise Incidental to train
ing should bring about the condition
of which Kuhel complained. Ad-
hesions that had formed as Joe lay
idle while the cracked ankle was
mending were bound to tighten the
leg, the trainer explained today. Only
by strenuous exercise could the leg
be brought around to normal.
So Kuhel was ordered to take a
little more work than ordinarily
would be expected of him at camp.
To help support the leg subjected to
extra exercise the trainer daily
strapped the ankle tightly and he
intends to continue this treatment
until all stiffness is gone from the
joint.
Martin says the leg should be as
sound as ever in another week. BY
that time. he believes, all the ad-
hesions will have been broken and
absorbed. Whether they are or not,
Kuhel will continue to play at first
base for the Nationals. Only heavy
exercise will get the ankle right, so
the player will not be permitted to
nurse along the lame leg.
The lameness, of course, is irksome
to Kuhel, but he is as confident as
the Nationals trainer that within a
short time he will be in fine fettle.
In fact, Joe feels that the ankle will
be back to normal before camp is
broken here Thursday. He is not
at all worried about its present con-
dition and, as the heavy exercise
prescribed for him causes no pain,
he Is quite eager to go through
with 1t.
Evening star., 1935-03-25
REFUTES RUMORS
HE'LL Be CRIPPLE
Trainer Martin Declares
First Baseman Will Be
Fit at Bell Time.
BY JOHN B. KELLER,
StafY Correspondent of The Star.

~ ILOXI, Miss, March 25.-Joe
X Kuhel will be ready to play
as fine a game at first base as
he ever did when the Amer
ican League season opens April 16,
barring accident, of course. Despite
widespread rumor that the ankle frac-
ture he suffered last June has LETT
Kuhel virtually a cripple. he will be
the Nationals regular first baseman,
and sound one, too.
Authority for this is Mike Martin,
veteran trainer of the Washington ball
club. And Kuhel himself backs up
Martins assertion that physically the
player will be okay when the bell rings.
Kuhel has developed pronounced
limp in the left leg that was injured
when he tried to check a slide in a
tussle with the Tigers in Griffith Sta
di,m last season. But it is due solely
to stiffness in the ligamentS. Trainer
Martin declares. Kuhel insists he feels
no pain in the joint that was frac-
tured.
When he first reported at camp,
Kuhel moved about in natural manner
There was nothing strained about the
left leg action. Before long, however
he began to notice a Tightening in
the ankle. No pain at all, but a
stiffening of the lower leg that check
ed his speed. AS there was no sore
ness, Kuhel was not alarmed, mol
was Martin when the player reported
the trouble to the trainer.
Evening star., 1935-03-25

BRADENTON, Fla.-Fishing and
golf occupied the st. Louis Cardinals
today after a short practice session.
Dazzy Vance and Ed HeuSser will pitch
tomorrow against the Cards American
Association farm" Columbus, at Avon
Park.
Evening star., 1935-03-25
Leiber Making Good.

SARASOTA, Fla.-The Red Sox and
the Braves again, with the Sox one up
on their Boston neighbors.
Freddy Frankhouse and Huck Belts
will do the tribal pitching, and Frank
Garrity, who has been impressing
Manager Bill McKechnie of late, will
do the catching for at least part Of
the game.
Evening star., 1935-03-25
Had Lots of Trouble.

was due in large part to a
sequence of injuries unparalleled
in recent major league history.
Evening star., 1935-03-25
Doesn't Hamper His Batting.

VYTHEN the ankle action becomes
" free, however, Kuhel still must
nnnfir1la tho aYfra ruorlrnlltS in
Evening star., 1935-06-11
A. I. SHARES Up
DESPITE u. S..QUIz
Rise Also Held Remarkable,
With Future Dividend
Policy IN Doubt.
By GEORGE r. HUGHES.

Special Dispatch TO The star.
NEW YORK, June 1.-THE OUT
standing feature Of the stock market
for weeks has been the persistent
strength In American Telephone e.
Telegraph.
The rise Is all the more remark
able because it has taken place IN the
face of continued doubt about the
ability, or, better, the willingness Of
the company to maintain the present
50 dividend and Notwithstanding the
fact that the Communications Com
mission b about to undertake an In
quiry into the corporations affairs.
Either the market discredits both
these apparently unfavorable situa-
tons or there Is some offsetting stim-
ulus.
So far as the A. T. g. T. dividend
goes the present disbursement has not
been earned since 1891, having been
paid continuously out of surplus. OBJ
viously that cannot 60 on indefinitely.
On the other hand, the company Is
gaining telephone stations instead of
losing them, suggesting a change in
earnings trend, and the management
has been extremely conservative in its
accounting methods in the past. For
the first quarter Of 1885 telephones in
service numbered 100000 more than
in the first three months Of 1884.
On the score Of dipping into surplus
to pay unearned dividends, working
capital has not suffered. AS a matter
of fact, it was greater at the close of
1884 than at the end of 1888.
Coming to the matter Of the Fed
eral investigation, Walter B. Clifford,
president of the company, gave out
statement last November saying that
American Telephone welcomed the in
quiry and that the public had a right
to the fullest information concerning
the affairs Of the system. The COM
pany had no skeletons" to be ex-
posed, he said. Generally an inquiry
Of this kind is a disturbing factor In
the market, but that does not seem
to have been the case In this instance
On the other side of the picture is
the growing conviction among in
vestors that, even if the dividend rate
is revised downward, the cut will not
be so drastic as to detract from the
claims of the stock on yield basis.
At l25 American Telephone, paying
SO, would give 64 per cent; at 81 it
would be SIS per cent and at $6 the
return would be 4.8 per cent. No one
expects a reduction of as much as So,
If indeed any cut at all is made. and
this Is q market IN which industrial
stocks are selling to yield around As
per cent.
(Copyright. 1885. by the North American
Hewspsper Alliance. 1nc.)
Evening star., 1935-06-11
INDUSTRY LIKELY
TOLAG SLIGHTLY
Standard Statistics Be-
Iieves Iune Decline viii Be
Largely Seasonal.
special Dispatch 70 The star.

Special Dispatch 10 The Star.
NEW YORK, June lin its weekly
summary Of the general business sit
uation, the Standard Statistics Co.
Of New York currently comments as
follows:
Industrial activity IN June is ex-
pected to show only q moderate de-
cline from May, and this recession
viii be due largely to seasonal In
huences. The Standard Statistics Co.
index Of production for the current
month Is tentatively placed at IS. q
decline Of around 2 per cent from the
figure for May.
Automobile and steel activity will
recede further in June, although auto
mobile output Is expected to hold
moderately above the corresponding
1884 month.
Building activity win probably be
well maintained, rejecting improve
ment IN residential construction.
Other lines will show varying trends,
but, for the most part, volumes viii
be lower.
Business, meanwhile, Is stil In
high state of confusion as 9 result Of
the recent court decisions. Price cut
ting has broken out in several lines
and concessions are being demanded
by numerous industrial consumers. AS
long as the price structure is vulner-
able, there is little likelihood that
forward buying viii be increased.
Nevertheless, the tendency TO with
hold purchases may well provide the
foundation for later recovery"
Evening star., 1935-06-11
Mortgage Group
Ready to Bid on
W.B.&A. Property
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, June ll.--A COM
mittee representing holders of the
first mortgage S per cent bonds are
prepared to bid on the sale Of the
Washington. Baltimore & Annapolis
Electric Railroad Co., when the prop
critics of the company will be offered
at public auction Friday at Annapolis.
The committee, which was formed
to protect the holders of these bonds
in 1891, will offer bids for certain as
sets and real estate OF the company
for the purpose of continuing oper-
alton Of the lines purchased for the
benefit of stockholders who have de-
posted their bonds with the commit
tee.
The plan Of the committee con-
templates the formation of holding
company, the entire stock Of which
will be held by the committee, and to
which company will be transferred
all the assets purchased.
Evening star., 1935-06-11
Mckee Is Elected
East Washington
. Savings President

= Fl H. Mckee, president of the Ma
tfonal Capital Bank. was elected presi-
dent of the East Washington Savings
Bank at an organization meeting Of
the trustees held this noon at the
bank, 312 Pennsylvania avenue south
east, succeeding the late John c. Yost,
who was head of the institution for
about two decades. Mr.. Mckee has
been one of the trustees for many
years.
Gratz E. Dunkum was reelected
first vice president, Lewis Flemer
was again chosen second vice presi-
dent, and S. Wilson Earnshaw con-
tinued in the Offices of secretary and
treasurer
At the same meeting the trustees
voted semi-annual dividend Of 2 per
cent. payable June 90 to stockholders
of record June %.
Evening star., 1935-06-11
FOREIGN EXCHANGES.

NEW YORK. June IL R.-Foreign ex-
change. irregular; Great Britain in dollars
others IN cents; Greet Britain; hI'; dep1nd nIad
France. demand. 1904, cables. 6.60h
italy. demand. s.26: cables, 500.
Demands = Belgium. 1926; Germany
Sweden. 25.42: Denmark, % OF; Finland
2.IS; Switzerland. 1884; Spain. 1870;
Portugal 44Sh: Greece, .94A; Poland
$50; Austria. 10 DON: Hungary. 29. .70ni
Rumania / .O2: Argentina, 32.s5na Brasil
Hongkong $500; Mexico City. 1890;
Montreal in New York, e9.s1A: New York
IN Montreal 100.1Sat. Nominal.
Evening star., 1935-06-11
Washington Produce

BUTTER-One-pound prints (a2 scorel.
2s; tub. S7 1-pound prints t9o seore(.
20; tub. 25
MEATs-Beef, ,15s23; veal. Isa17;
lamb. 17a19; pork loins. fresh. 26a27:
frozen. 24a25: fresh hams, 22a24: smoked
hams. 23a24; strip bacon. 29a31; lard
1617a17; compound I3a131a.
LIVE sTOCK-Hoes, light. 9.75a1o 90:
medium 9.75a10.00: heavy, S.00a9. so;
roughs 5.00a7 90: pigs. S.00a9. rs; calves.
4 450a9 90; lambs. 5.0Oas 90.
Prices by the United States Bureau Of
Agricultural Economics:
EoGs-.Market. fully, steady at quoted
prices. Current receipts. 22lza23; hen
merry whites 24a24Ia. Government graded
and dated white eggs INCLUDING grading
and marketing ccsts): 2. s. extras, large.
31h; y; s., extras, mediums. 27h: o. s.
LIVE. POULTRY-Market. easy at un-
changed prices on Leghorn chickens Fowl:
Colored all sizes. 2Oa2I (1-cent premium
on occasional lots Of fancy quality; leg
chickens: Leghorns 1sa19;- Plymoulh
Rocks, under 3ls pounds. 24a25; over 3ls
pounds; 25a26. Turkeys; Hens. Is;
toms. Halls.
Evening star., 1935-06-11
FOREIGN MARKETS.
BY the Associated Press.

LoNDoN-The Stock Exchange re-
opered today with cheerful tone, owing
to better Wall Street and Paris news.
led BY industrials. French bonds and trans
Atlantic issues German bends and oil
shares. however. eased. The market closed
firm.
PARIs.-Hesvy selling on the Bourse
today caused prices to yield part Of last
by the indecision Of traders. The market
closed irregular
ERIIN.-Selling pressure on the Boerse
today weakened prices throughout the list.
The closing vas staanant.
Evening star., 1935-06-11
BALTIMORE STOCKS
Dispatch to The Star.
REICHsBANK STATEMENT.

BERLIN. June II .Ha.-The Reichs-
bank statement as Of june shows the
FOLLOWING changes In reichsmarks: Gold
and bullion increased 707. 900; reserve in
Of exchange and cheques decreased So
369. 900; silver and other coins increased
i. $4,000; notes on other banks increased
1896 900; advances decreased 3S. $685. 600;
Investments decreased 494. 900; other as
sets in sreased e,206, 600: notes in circu-
lation decreased 77.734 600; other ma
t,1r1rr OBLIGATIONS decreased 35 .29l. 600;
ctlrer liabilities increased 1884 900.
Total gold HOLDINGS, 50. 104, 600.
Note coverage, 2.33 per cent.
Rate of discount. 4 per cent.