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FIN: PORK IS CHEAPER IN LOCAL MARKET Loins and Shoulders Are Re-| duced—O0ther Prices Re- ! main Steady. “Prices a little easier” ed of the condition of the pork ket this morning, dealers saying the draggy condition that has prevailed| the past few weeks has not changed. | “Both supply and demand are light,’ remarked a dealer this morning, “the sulting from pr WaE report- mar- demand probably re vailing high prices.” ¥ es quoted are on home-killed pork, prices of frozen products hemn slightly lower Hams and loins were quoted at 28 and 30, while shoulders were 16 and 18. Lard was quoted at 18 and 20, slight decr Todauy's Wholesale Prices. Butter— Faney, tub store packed, Fancy, selected, al¥; average r 291, Poultry—Alive 1 Winter chickens, fowls, ducks, 15 ; Kkeats young, 60a70 cach; geese, killed Winter chickens, ers, 19a20; fowls, 28 : young ducks, Live stock diun 3: live Review. truits the of Fruit and Veget Today's market report on and vegetables. compiled by market service. Bureau Agricultural Economics, says Apples pplics light; demand | light, market steady: barrels, Mary- land. Virginia and West Virginia : inches up, Winesaps, bes 7.00a8.00; A 21; inches, 6.00a6.50; A 21 inches up, Romes, 7.00a7.50; A inches, 6.00a8.30; A 21 inches 1p, Ben Davis, 4.00a5.00; boxes, North- western medium to large size extra ney Winesaps, 8.25a3.50; extra fanc Yellow Newtons, some overri 3.00a3 . Asparagus—Supplies light; demand market steady; Georgia and Carolina, dezen bunch crates large size, 5.00a8.00; large size small 3.00 Cabbage—New stock demand mode steady; South rolina, 1% -bushel hampers, polnted type, mostly 1.50; barrel crates, mostly 2.75 Celery—Supplies liberal and trading light, market Florida, 10-inch crates, 4-6 2.50a2 | | | | | | | i | | | | South wlies mod- erate market demana steady; dozen, Potato Market Dull. Lettuce—Supplies moderate; de- mand light, market steady: California, Imperial Valley crates, Iceberg type, four to five dozen, 3.30a4.00; North Carolina, five-peck hampers, big Boston type, ordinary quality, 1.00a 1.25; few, 1.50. Onions—Supplies llght; demand Ught, market steady; New York and Ohlo, 100-pound sacks, yellows, United States No. 1, medium to large size, 3.30a3.75. Potatoes—Old stock: Supplies mod- erate; demand light, market dull; New York, 150-pound sacks, United States No. 1, 1.75a1.90; Michigan, 150~ pound sacks, Russet Rurals, United States No. 1, 2.23a2.30. New stock Supplies light; demand light, market Florida, double head barrels, Spaulding Rose, United States No. 1, mostly 10.50. -Supplies moderate; de- mand light, market steady; Texas, bushel baskets, 90al.00; Virginia, Norfolk section, barrels, savoy, ordi- nary quality, 1.50a2.00 Other Prices Steady. Strawberries—No supplies on mar- ket. Tomatoes—Supplics light, market steady; Flc and turning, wrapped best, 6.0000.50; poorer choice count, 4.00a5.00. Peas—Supplies light market eady; crates, 5.00a5.50 cumbers—Suppiies moderate, market stead Z%-bu. hampers, fanc choice, 3.00a1.00. Cauliflower—Supplies lim mand light, market steady; Cs crates, mostly String beans—Su mand light, market %-bu. hampers, gree few higher; few 2.50a4.50. Peppers—Supplies light, market steady; . 5.005.50; choice, mastly 4.00. Carrots—sSupplies liberal; demand light, market steady; Texas, bu. bas- kets, 1.75a2.00. Beets—Supplies light, market steady; S. mostly 6c per bunch Squash—Supplies light; slow, market steady; Fiorida, crates, poor quality, 4.0025.00 demand ida 65, ripes fancy count, 5.00a3.50; demand light California 45-1b, da 00 r fornia ies 1 steady n, best, ordipar; do- lorida, 5.0026.00, condit! light; demand Florida crates, limited; demand .C.- drums demana pepper SHORT-TERM SECURITIE! (Quotations furnished by Redus & Tel onda Copy Anglo-Americas . Leather Mil. & R.1.°& Pac Continentsl Gas & Elec. Du_Pont 7148 1931........ Federal Sugar Ref. 8s 1033, Federated Metals T 1939, . Goodyear T. & R. Ss 1031 Great Northern 7s 1988..... . Gult Oil Corp. of Pa. 5is 1928 Humble Oil 93s 1932 Lehigh Pow. Sec. Corp. s 1027, M., St. P. & B 8. M 6l 1031 Morris & Co. 7%s 1930, New York Central s 163 Oregon Shert Line ds R R Tnion Tank Car 7s . 5. Rubber T4s Wesfern Union 6is 1636, . Westinghouse E. & M Fisher Body Corp. at 10134 v Body Corp. 6 1925, calied oa Feb. . at 102, lied” on’ Feb, GERMAN BONDS AND STOCKS. (Quoted in dollars per ¥ n) 5s 1914-18 1575.00 Hamburg, 4348 1919......... 225.00 27500 Ger Gt 406 (forced loan) . 1400 18.00 (Quoted_in dollars per thousand marks Ger'Gen Elec 41y pre-war.. = 23.00 Ger Gen Elee 4133 1919 Rerlin 48 Pre-war............ Hambg 35, 8%s & 45 pre-war Hamburg Amer Line ilss... | North German Lioyd 41s. .. North German Llovd........ Prowsian Consols 3ai. | Krupp TSR Disseldort S5 pre-war. | Vrankfort a-M is pre : 3.00 | Ger Gt (War 1 63.00 | 3.00 | 3.2 | Disconto Gellachaft > Tiresdner Bank 21.00 Dentsche Baok §1.00 Darmstsedter Ranl 3o Mercer Busk_Vienna. 17 af; who recently celeb¥ birthday, has been m: vears. Her husband is 109 age. i of Ealtimore, her 107th | ANCIAL. THE EVE NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN, NEW YORK, April 1.—The flurry of buying in the radio group on the curb exchange today was shortlived stocks advanced to their best prices since the end of the big downward swing profit taking sales made themselves felt and prices fell back. Freed-Eisemann was the out- standing feature of the early deal- ings, getting up about 4 points, as| compared with the previous day's| final, then losing a good part of this gain. Hazeltine likewise shot for- ward, only to cancel a portion of its advance. At their highs these stocks and as these were from a fraction to 4 points above the Tuesday close. Ware Radio, Freshman, Music Master, joined in the upturn, while it lasted. Along with the radio shares the in- dependent. oiis were in better demand. In this quarter Gibson Oil attracted some attention on reports of impending drilling operations. The Standard Oil shares were scarcely changed, the public utility stocks held firm and mining issues developed little activity. The market generally seemed content to pursue a leisurely course awalting & fresh stimulus to carry it out of its rut. NEW YORK, April 1—Followlng n official list of bonds and stocks traded in on the New York Curb Market today: is BONDS. igh. 761, Sales in housnds Allled Packers s Beet Sug Co U s & Elec tix & Tt W LN B R 6x wi Nat T Cities Service Cities Service 10213 ons Gax Bal ns Gas Ra 1025 6 Cons Gas Bal 65 A 3 Conx Gas Bal 6lgn D 6 Cons Textiles 8 1 Cuban_ Tel 5 Cudaby 2 Detrolt Sugar 6x S Oil Tet s Trunk Gis.. Kauf Dept 8s...... Lehigh Power Uy, Libby McN & L is Lig re ix Power T Co Ths. her 8x Ol Pub Ser r S8 P M G Power G § Shawsheen 75 5 Sloxs-Sheff G s & EL Union Oil of Ci Uni Ry of Hav Vacuum Of Ts..... 3 Webster Mills 61350 FOREIGN BONDS. o5 82% Bogota Ss.. Gras S Ext R R of Fr French National Ta. In Mg Bk of Fin T Krupp Friv Mt Bk De Rtuss Goy 6 SiemensHs Solvay & Co 10 Swiss Govt 3 Toko Electrie 75.... STANDARD 1004 9813 Sales In 1880 2200 Anglo-Am 0il . % Chesebrough Nfs .l 0 Humble Oil & R.. 90 M P L. %0 Imp OH of Can B 200 Tnternl Pet Co 1td 10 N Y Transit 120 Northern P L. irie 01l & 6 30 Prairie P L 250 South Penn Oil W S 0 Tnd... 0 8 0 Kausis. . 0 Ky N N o Gblo 1600 Vaeuum Oil < in INDEPENI TAm Ark 0 Maracaibo Co Nat Gax sery % new wi.. Synd ntal * Oil. . 0l Rts wi.. le Synd .. son 0l Corp.. t 0l of Pa o Fet n er 13 Mount Prod 1 Mount _CGulf 5 Nat Fuel ( 0il exdiv 1% 5..... 1133y Washington Stock Exchange. SALES. $1.000 at 95, $300 at 95 33400 at 102, $200 $400 8t 10 1 053300 at_101% P1d.—20 at 81, Capital Tractior 7% on Gas 6 Trust Co—10 ‘at 135, > 108t 1 “Monotype—10_at ¥ Nationa! Mtge. & Inv. pfd AFTER CALL. st National Mtgs Washingto Chesapeake & Potomae 100, Columbla Title Tns. Co.—100 at 8. Money—Call loans, 5 and 6 per cent BONDS. Bid and Asked Prices. PUBLIC UTILITY. Tel. & Telga, 4s. Aerietn el & Telga: 4 Aw. Tel. & Tel, ctl. tr. b Am. Tel. & Tel. conv Anscostia & Potamac Ansoostia & Polomsc gu "% P, Telephone 55. C. Telephoue of 55—$6,000 at Bid. Asked. 5% Cit Suburban 5s... Gedrgetown Gas 1at Potomac Hlec. 1st 58... n e i 3 .. 107 At fgeiel ! & Ver. ctfs... 18 e Wash MISCELLANEOUS D, C. Paper 0 Pot. Joint Stock s Realty s (long). Zge Nealty o (short).. uthern Ridg. Glas Somth: Sarket Cold S Wardman Park Hotel 6s. STOCKS. PUBLIC UTILITY, American Tel. & Telg! 133 Capital Traction. Washington Norfolk & W & idiec. com. . & Elec. ptd... Terminal 1uxi com. NATIONAL BANK. al . age 55.. 94 o m National Caj Columbin. Farmers & Federal-Aueri Liberty ... Liscoln Nat.onal Riggs ad .. National Bunk of Was) TRUST COMPANY, Setropotitan . Coutinental Merchants' $ Verona Bavings & Troet. Union Trust.... Wash, Loan & SAVINGS BANK. Commerce & Savings.. Cont Washngton. - enmanity wvags & Com. Seventh Street. 5 Tnited 8 Washington Mechinie FIRE INSURANOE, American Fireme . National Union TITLE INSURANCE. Columbia Title ... Real Estate.. MISCELLANEOUS. D. C. Paper ptd. Merchants' Trans. & Stor Morgenthaler Linotste.... ... Natl, Mtge. & Invest. pfd.... Old Dutch Market com... ©0ld Duteh Market pfd...... Lavston Monotype Security Storag Washington Market. .. Yellow Cab . *Ex div. f1% estra. 50 1% 21 we 51 20 Bradfd Oil.. Eng Fuel Oil 7 New Mex Land... 0 Noble OIl & Gas. Peer Ol Corp. Pennock OIl Corp. . 1 Red Bauk Ofl.. 39% Roy Canade 0 & It 23 Kyan Uon 1 Nalt Ck Conw 26 Salt Ck Prod Venezuelan Pet Wilcox Ol & (Gaw INDUSTRIALS. Adirondack Tower 87% Am Gas & EL... 0% & Tract Nt‘lh Fow & Lt mew G313 Pow & Lt prd. 863 Am Superpower B. 28 Apco Mg Co A... Aliax Port e n Wi Armour & Co B vte Atlantic Frult Holssonnault Borden Bonden Co Botany Con Mills A Bridgeport Mach. Britiah Am Tob cou Britlsh-Am_ Tob_reg Brooklyn City R R Brown & Wil'son 1 Car Light....o.... Centnit Pipe Corp. . Chapi Sacks & Co Chie Nip A.. . Cloveiand “Auto Tmwith Pow Cor Con Gas Halt new «wBE, 4._._.4 AT PO o] IR ARrRE ez s e B SN E FEEE Y ntinental Bak pf y_ Ine z De Forest DL & W Coal.... Doeller Die Cast ¢ Dubllier C & Radio Durant Mot o Dus Co A . Elec Bd & 80 pfd.. llette S R en Alden Coa ifth D W mes Ka & Huzeltine Corp Heyden Chem Vo Hardart Imperial Tobae .. Inter Contl Rubber Intl Match Corp pf Jones Radio ...... Kelvinator Corp Keystone Rolether . Landover Hold ¢ A Lenigh Val CI N Liberty Ra Ch St Mengel Box 5 Mexabi Tron.. Middle West Utll.] Mid West Util pr | Moore Drop Forg A Motor Wheel new Master Corp Power & Lt.. Tea Co Nick Pl new pf wi Nor States Pw_wts Oppenheim & Col Palge Motor Power Purity Baking B Rova Ra Cor tr cfe Edl B ptd Switt Intl ... Switt & Co.....L Tenu Elee Power Thermiodyne Ra © Thomp Ra C vte Thread Co pfd.... Tower Nifg . Union Carbide ... Tnited G & B new United Pee Shar... Victor Mack.. ner Bros Pic A are Radio ... White Rk Mn $p n Wh Rk M 8p n vte Wickwire 8pn 8t ¢ MINING, Arizona Globe Cop.. Canario_Copper - Ching Bxt " Mines. Cresson Gold . Eng G Ms Lta Tod reka Croesus . First Thaught G M Forty-Nine Miges.. . Green Monster. ... Towe Sound n 'vic 4 Jerome V Devel... T1h Cons..overronrs y Copper Corp.. McKin Dar....... e Cornelia Jersey Zine. Por M Lid th Lead S0 Cal M. Hughes Tonopah Divide Tonopah Extens .. United Eastern M3 United Verde Ext. U § Continental.... Unity Gold . % Utax Apex . . Walker Mining .. Wenden Copper ... West End Coosel... . White Cape FREIGHT LOADINGS DROP. Railways Lose Revenue Due to Diminished Coal Shipments. Attributed chiefly to a drop coal shipments, revenue freight lea ings by railroads decreased 14,784 cars during the week ended March 21 as compared with the previaus week. The total, 909,363 cars, the American Railway Assoclation announced today, was an increase of cars over the same week last year. Decreases in loadings from the week of March 14 also were reported for grain, grain products, coke, forest products and merchandise and less than carload frelght. Livestock, ore and miscellaneous freight, made up largely of manufactured products, showed sglight increases. 3 1 30 30 COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY PHILADELPHIA, April 1.—The ma- Jority of the Bradford system yarn spinners in the district are arranging for a complete shutdown. They are convinced that this is the anly policy that can reduce yarn stocks suffi- clently to put their business back on a paying basis. Demand continues generally dull, WILLIMANTIC, Conn., April 1.—The American Thread Co. has informed the citizens' committee investigating the strike at its plant that it will not accede to the demand for resteration of the 10 per cent wage out, even if that means closing for an indefinite period. BOSTON, April 1.—New Englana manufacturers of leather belting re- port operations at about 60 per cent of normal with prices tending up- ward, stocks lower than a year ago, and the labor situation quiet. Buy. ing is on a moderate scale, NEW YORK, April 1.—Distributors of canned foods here are buying slowly, many of them already having covered part of there future require- ments and preferring to walt for the remainder until nearer the canning soason, when they hope prices will be down. Tomatoes are weaker and peas and corn stead. BROCKTON, Mass., April 1.—Broek- ton shoe factories report some im- provement in orders, but the average of orders on hand is considerably below the level of the past two or three years. About 50 per cent of thel' shoe workers are employed on time schedules. TAR, WASHINGTON NITRATES ARE SNAG IN SHOALS PUZZLE Power Experts Anxious to Dodge That Phase of Huge Enterprise. BY J. C. DOYL Special Dispatch to The Star. MUSCLE SHOALS, Ala., April 1— The first obstacle on which President Coolidge's committee to Investigate the proper thing to do with Muscle Shoals will stub its foot is the manu- facture of nitrates. Every time ni- trates are mentioned prospective seekers after the right to operate the great hydro-electric power de- velopment on the Tennessee River duck with the unanimity of untried troops hearing the whine of a rifle bullet There 1s no question that big financial interests desire to lease the electric power of Muscle Shoals over a long term The tremendous In- dustrial and commercial development of the South now in prospect assures hat. The trouble is they want to et George do {t" when it comes to manufacturing nitrates. Congress has specifically provided that the nitrate plants must be maintained and operated, to provide material for munitions in time of war and to provide ingredients for fertilizer In time of peace. Nitrate Costs Unknown. The truth is, nobodv seems to know just how much it is going to cost to make nitrates. The two nitrate plants have a capacity estimated at 40,000 tons a year. There is no doubt that nitrates can be manufactured from the air in the plants at Muscle Shoals and utilized to form practically any com- mercial product containing nitrogen in conjunction with other chemical el ments. The process, briefly, is to com- press air to liquid form and force it through jets over a bed of intensely hot incandescent lime in an electric converter, releasing the nitrogen in The finest ice cream in the City of Washington " Today, no city in the United States offers you better ice cream than the D. €, WEDNESDAY the air and combining it with other elements. The commerclal chemicals formed, such as calefum nitrate and others, are of some value, but no one in this section seems willing even to guess what profit or loss might be encoun- tered In the manufacture of 40,000 tons of nitrates a year. Governnlent Ald4 Sought. The Ford offer, now withdrawn, provided for the operation of the plants on a cost-plus basis. It is understood the American Cyanide in- terests might be willing to operate the plants under a guarantee against loss by the Government, but the nitrates continue to fly in the Muscle Shoals olntment. Well informed men here do mot minimize eeither the war or peac time importancé of the nitrate, but they point out that this importance may easily be overemphasized. They declare that, while 40,000 tons a year might serve an invaluable purpose in a defensive war, it would scarcely fill the national needs in a protracted struggle. In the World War the sums paid for nitrates to Chile by the United States were large enough to run that South American government No thinking man in the country minimizes the importance of furnish- ing cheap fertilizer. Still it {s an admitted fact that the cotton planters will use less by far than in 1924. The South is In better shape, even at that, than the West, since here, with an eight or nine month growing sea- gon, it s possible to revivify the soil by plowing under the legumens, such as cowpeas, and thus restore nitro- gen to the soil. Animal fertilizer is decreasing. The day when every town had at least one livery stable is gone and prices have riser in con- sequence. Leasing Offer Spurned. Nevertheless, men who might take over operation of Muscle Shoals have learned that the farmer is like- 1y to buy what he wants, not what he needs. Therefore, they are per fectly willing for some one else to do the experimenting with nitrates The Alabama Power Company, which in conjunction with other electric power concerns of the South made an offer to lease the current from the Muscle Shoals project, offered free current to operate the nitrate plants to any one who would operate them, but nobody surged up with an acceptance. Any temporary leasing of the power developed here is mere- 1y a stop-gap in the situation. APRIL 1, 1925, EVERYMAN’S INVESTMENTS BY CEORGE T. HUGHES. Tragedy of the German Mark. On the ‘Gth of July next the cur- tain will be rung down on what is probably the greatest specu’ative tragedy in all history. On that day will expire the privilege extended to holders of the old German paper marks to turn them In for the new reichs marks. At the present rate the value of one quadrilllon marks is about $250. No one knows how much money was lost by Americans and other non- German purchasers of these paper marks. Estimates as to the cost to “investors” range all the way from 250,000,000 to $1,000,000,000. All classes and all ages participated in the speculative riot which has ended to disastrously. At the height of the craze not only the marks themselves were dealt in but so-called “options” were bought and sold, and this by people without financial experlence and training and who could i1l afford the loss. The argument was thAt some day Germany was bound to recover its -time prosperity and again take her place among the world powers, and then there would be such rapid appreciation in the value of her mark currency as to make purchasers rich beyond their wildest dreams. It turned out the other way. There was no fallacy in the theory of eventual German recovery. The mistake was in assuming that such a recovery would include her paper currency. Money “made” by the printing-pre process depreciates in direet propor- tion to the quantity turned out. Turn your mind back upon this German mark episode and remember that every opportunity for speculative gain accompanied by the possibility of speculative loss. (Copyright, 1925.) FARMERS' LOANS GROW. CHICAGO, April 1 (Special).—Loans to farmers outstanding in the joint stock land banks increased during March from $165,603,000 to $169,759.- 000, and in the Federal Land Banks from $146,733,000 to $150,409,000. s 33, FINANC SALES OF HARDWARE ENJOY SPRING RISE Business Reported Very Satis- factory, With Steady Prices All Over Country. Bpecial Dispatch to The Star. NEW YORK, April 1.—In its week- Iy market summary Hardware Age will say tomorrow: “Retall hardware sales seem to be forgin gahead in a very satisfactory manner, and the last week reports from various market centers indicate better weather conditions, good credit sltuations, and a generally improved consumer demand for Spring lines and staple items. “In the Pittsburgh area and points East, city trade has been lagging be- hind. This condition seems to be limbering up and reports coming in are more favorable. “Prices are very firm In most sec- tions, so there are a few adjustments being made, both up and down. Spring merchandise continues very active in all sections BIG BANANA CARGOES | REACH BALTIMORE | Three Steamers Bring 77,132 Bunches—Another Boat Due in Short Time. Bpecial Dispatch to The Star. BALTIMORE, April 1.—Promising | crops of bananas in Jamaica and | | Cuba indicate that the business will become pctive at this port. Monday three steamers arrived with 77,132 bunches. The Manmchioneal delivered | 32,762 and the Fort Galnes 26,465. Both vessels came from Jamalica. | The Fort Morgen brought 17,505 from | The Standard Fruit and S eamship Cuba. 0. will enter the trade with a steamer due to arrive here April 13 from one of the banana islands. Ol of eloquence is frequently mixed with the water of weak argument. The NEW “Velvet Kind” city of Washington. ! With the re-organization of the Chapin- Sacks Corporation, some time ago, industry passed into the hands of an entirely new management. The new company set out immediately to produce only the finest ice cream. Laboratory research and manufactur- ing experience in this country have made intelligent strides during the last few years. And the new “ Velvet Kind” ice cream is the incorporation of the best formulae and methods known today. old Washington Qur ideal has been realized. The loveliest ladies may be sure they_ The Velvet Kind Wherever udzm ICE CREAM you may obtain W ice cveam—its purity T e ) see this “Velvet Kind” tvade. ' have chosen the best when they buy a package of “The Velvet Kind”. The most fastidious guest will be delighted. In any home, at any social function, the new “Velvet Kind” is a distinct asset to any menu. | Whether you take home one of our attractive new packages—or stop for re- freshment at your favorite fountain— you obtain the best when you ask for the new “Velvet Kind”. Surely you must try this delicious ice cream at once—so easily obtained—so near at hand, wherever you live—so many lovely flavors—so sure to please. ‘We want Washington to appreciate to the fullest extent the new “Velvet Kind.” CHAPIN-SACKS CORPORATION IAL, % 22 W, .8 A INDRIE TOCUTENPENSES | Electric Road May Adopt New Type of Car—Recent Gain in Earnings. Special Dispatch to The Star. BALTIMORE, April 1.—W1 annual report of the Wast Baltimore and Annapolls T Rallway Company for 192 8o favorable when comp previous year, figures quarter of this y yet available, are siderable improvement over thos the corresponding period The management also that the exhibit for the fu year will be better thar 1924. Word has gone o mize in every departmen sald results aiready are in e The managemeny is seriously sidering the adoption of a new type of equipment known the “art ulated car.” There is a considerable saving in first cost and é operating also is lower. The ad vantages claimed for the new type of car, which at first will be used on the main line only, are increased con fort, lighter weight and faster sct ule. If final plans and estimates now in the hands of car buflders factory, contracts for the n ment will be awarded a Weakness of the cc cent bonds is due more to Lus competition between ti Wa ton than to the ur results of operation in 1924 ing to the view held in the district eotri red wit sat equir Halide Hanoum and Nez eddine, the first women for the Turkish National will come to the United securs campaign pointers. candi States t T Lo s e A A N T T R N AN A S s v = [Tt The Velvet Kind ICE CREAM Every package of “The Velvet Kind” reaches you free from handling, repack- ing or other exposure at any stage. In 2, s our containers you are guaranteed the same purity with which it was originally packed with great care by its makers. il [ e T I T o]