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FINANCIAL. FINANCIAL, sas gf BONDS ARELOVER | (o o BONDS e ) ATIONALBANK AT 5= = e y Private Wire Direct to The Star An_sctuat ownershis . REAL f3n ‘R PO X 3 IN FURGED SH-“NG UNITED STATES. ST "':':,"5 Lo close [;HAN.GE DIS[}USSED Tfigk.iiifiznfih:fifi:n %%fi:fi%?m;fi;g“:: F. B. KE EC:::MCOMPANY i 112% 2 Ui ena 8 i sio ég‘/- : Advantages incldent to direet d ered New Yeork Cotton Rachsage New Orieans Cotton Exchange Market .Sags Under High| Gsiia’’s o1 " st o7 Delegates to Convention Con- | 1550 k se. N-W. National 0475 hares C ; e e T ——————————— SR 3 47 Y : . Money Rates and Weak- Ar o atto0un e o0 ] : . cerned Over Shrinkage in ness in Stocks. P TR System’s Resources. ‘Now York Curb Marker Sales. High. . Argentine 6sJu 59.. 23 981 National saVillgS & Trllst Co. COTTON Bpecial Dispatch to The Star. Argentin 2 $8's 4 2 BY JOHN F. SINCLAIR. The Oldest Savings Institution in the District of Columbis NEW YORK, October 1.—Bonds were Special Dispatch to The Star. 63rd . Special attention gi i 2 i 3 given to spinners’ requirements and lower today along with the continued SAN FRANCISCO, Calif., October 1. Year COI’. lSth and New York Ave. :'m“‘:::'d“h"mmm”'"m weakness in the stock market. While A ) —What's wrong with the national bank this price lt:’rlop was :R:wn chiefly i: :;l-::l.l“l::;l: the convertible issues, Te WAS enou i v e e addile iiiToe v ; Cotton t is directed by Edward M. of the mational banks of the United & Surplas How Our Trust Dept. Department is directed by Edward M. Weld evidence here and there throughout the | States gone down from 75 per cent of the total banking resources in 1884 to $3,500,000.00 Can Serve YOII high-grade rails, public utilities and pe! : il 2 less than 40 per cent? the its of this department. We maintain direct foreign loans to indicate & general move- [ Bank of Chile b United Drug 68 63 mer:{ndown as the pressure of high | Bank of Chile 6%s. uunun:. vt 5y m;"fi'e“.g‘“m',’!,‘,,fi“fi‘}‘{‘,’,’{E’.':}i‘.‘,.“‘.fi“é’,},‘fl fTestamentary trust offices are private wires to all markets. money and a lowering price range for | Belgtum 6s........ stocks forced liquidation of bond hold- :elllum 6Ys vention here. It was thought out that : not the only capacities in which in total resources the national banks are PR S ings. elgium 7s 195 American Telephone and International ESIRI FUN9S] ‘Telephone convertible 128 ailing the State banks in most of the 3 7 5 large Eities of ‘the country—notably 1 - ! sides acting as Executor, Trus- | H CORNER 17TH ST., N. W,, WASHINGTON ‘dropped | Belzium 73 s rapidly, until both were 4 points from | Bolivia1sct '69. vesterday's close and near last week's| BOLVIA B8, lowest prices. This weakness was| JOriSaE B8, shared by Atchison 4125, Allegheny's 55, | prasl} .V" 1 Commercial Investment Trust 515s, Philadelphia and Reading Coal and Iron 6s and American International 2 Canada 551931 5las. “Providence Terminal 4s were down |Canada 63 1952 41 points on a single sale. Interbor-|Chile ough Rapid Transit 5s were off a point. | Chile 6s ‘61 OJIGI'! o show losses were Dodge Bros. | Chile 7s 1943..... 6s, Chile Copper 5s and Humble Oll 515s. | Chinese Gov Ry §s. ‘'With the average of the bond market | Colombia és Jan ‘61 at the lowest since 1925, yields are ob- [ Con Pow Japan 7 viously higher than they have been |Copenhagen Ssct within this period and becoming at- tractive to institutions. Throughout the | & 1 Summer the insurance companies used | Czecho 8x 1952, ... their funds mainly in the purchase of ;;"""'h Munic 8s A, real estate mortgages. It is understod n""""k b they have about reached the proportion n""""k 5‘: in this form of security which they rec- D"l'"""r'.! . . . ognize as the maximum. They have|Duich fast 1 és 7. also been buying preferred stocks and | o m‘;;-" l‘! 62. took a fair slice of the West Penn | Salvador 5“" . Fower 8 per f:\md issue Monday, The . next step whicl lealers expec! see | o I« the beginning of & e neng from this | Finiand 7s. Bklyn Manhat 6 cases decided by the United States Su- source for the high-grade rails and pub- | prench 75 Bklyn Un El 65 50 preme Court have had much to do with | || GOOD BUSINESS lic utilities which can be ‘purchmd | French 73a. Buft R & Pitts 4 48, msfl?:es;);‘:t station.” e el | 5 per cent basis. s g Y eite o 2, S of pmte| B33 et SNt R e e bl sl A October 1, 1929 - T .| German El X A S, H H " owing to the steady drop in prices % was unconstitutional where part of the your 1nv estment consideration Edward J. Walsh, wllhington Mlnlger of o c(;urse, Sy rnorx& sm“?'l% ey g::"é:'.'.’;; income used as a measuring stick was f the foreign loans. any of these, no-| & B v, i . e the income from tax-exempt bonds. oaoun the Northwestern National Fire Insurance tably Central Europe and South Amer- | Greek 6s 1563 Can Nor 616 6 1 ko T g Now national bankers everywhere | RS ERE o Sore Rt made new lows : % | e een urgmg State Legstures. 10| 6% FIRST MORTGAGES PO b A T A t 3 h de W JOWS | e Fast week.: Fourteen such issues pass a law taxing the bank on a rea Over a Third show an average high price so far this sonable excise basis. This is being done vear of 91.28 with their average price today of 79.57. This particular group| <reu%e! is at the year's low now. The stock) (FOIRTR: o Southwest Bell Skelly Ol %3 ‘Tenn Eles Pow §s Australia s 1957 2 Tenn Copper 65 41 » 7 i N g::’rg{:':‘_-lf‘s“:;“- s’a’&g“,"" Cleveland, e Gl B tee, Guardian, etc., under wills, NEW YORK prl i8S further brought out that for & ay@l“ ; ; we invite appointment under e e and just prior to the passage gy Living Trust Agreements. of the McFadden blil national bank re- | ; noe . Lo eperti sources shrank and State banks gained ~ 28 o] LG fShould you want to free your- in excess of two and one-fourth billions % oy self of the cares of business, let fl‘do&l""'d P":Il;.lflumebll;enMc:ffld!]fl ) i us tell you how a Voluntary act stoppe: ow, but it was only 9 lAILRg‘g& temporary. It began sgain about a year | [RRUA Trust will serve the purpose. 2go. Since then no'less than 85 large banks have given up their national charters for State charters, resulting in a loss of more than $3,000,000,000 to the national banking system. One of the most important addresses on the subject was made by George H. r——————-———-—-—————— gu:nuwn, vice presl;‘lenl of the Fourth ot B EOIES. 5 onal Bank, Wichita, Kans. 0 S 1 A / &G ’ You cannot sell merchandise by of- FIRST MORTGAGES | B&O1ssaet, 4 105" | fering something almost as good,” said SOt t this Kansas banker, In referting to the E. J. WALSH & CO. B 3 B&O PLEWY 314 93 increased power. “Suggestions have been 2 = B&og{v!"s‘-vs‘o.‘ made to meet the difficulty. So fgr all GOOD ADVICE, l!\\!‘.?’ll‘ozfl:l!‘l’l.'":t:c::]’['lss B & O Toledo 48 of them are merely suggestions. All 9 | ; Brooklyn Elev 6% 8 % 86 agree, however, that two important BECAUSE IT’S Washington, D. C. Wick-Spen ev Wilson & Co-1 Willys-Ov 635 33 i - ~Resont usuneSaaluannas Sem—onnen Ba —rew.s AnBnwanRsR~ we 34 PRSPESLLIS Can Pac 58 '44 ret Canada Sou bs. . o B-CamS2s3 is sound advice, because | | of the bar of the District of Columbia, an- in order to escape from the burdensome . taxes which have been heaped upon ‘ of a every feature of speculative nounce the formation of a partnership them in the last few years. . . o When the Macallen case decision was | Contory uncertainty is lacking. The e aerGEAE £, WaliNa Catas vield on_these bonds. if they were at|Varsell) len ek A par, would be 6.679 per cent. At the | Uan S s: announced, it paralyzed all effort in|f| security is vested in real estate 3 A this direction. At the present time the . LR S de siivest e i | Without a which we have conservatively 1 in investment securities, with offices B .’:'fi%:;'; ’;,',,‘g::'.},‘,;"%‘;’m?f Fots | New So Soniang 3 - problem of now to tax national banks | | e et corseNmoWATLe | : 021 102 1005 ; e 7o% T e e oo nas | Loss appraised — offering a m p le at 1506 K Street N.W., ground floor of the e i s pptusiimate thetreturma | [NotNAY Eiha: ‘ 99% 100 | C ! b B4 | U aher vase. miso arose 1n Massa- | margin. And 6% under such | new Southern Railway Office Building, and that may'be secured in the call money | Norway Hires - ‘ ] : AT L L safeguarding is most attractive, | willibeleatresponientaiof Prages, so that dealers anticipate, Dro- | Grient dev b s v, ’ A 55 . . fgfy':ef':;did L c‘gmtphleny' e lihe May be purchased in amounts viding stock liquidation continues, a national bank under a national char- from $250 up upon our Partia Paris.Ly-Med 6s “ 5 suc- p up! Ww. 0 return in demand for foreign bonds. ter, the national bank could not . R. K. TAYLOR & CO. . Paris-Ly-Med 7s i ST e s o Payment Plan. H er: o Cl Washington Stock E::-h1ange|rer esise:: State law, separately with respect o i New York Pery 7 trust. | SALES. argis 1 [ Members New York Stock Exchange Now, if a national bank cannot Potomac Electric Cons. 55—$1,000 | « qualify without appealing to the court B F S A I I ( :O 98%, $1.000 at 9875 Toland $s when it takes over the business of th . . . Potomac Electric 65 1953—$2,000 at 107. | Porto Aleg: Y State bank in this very important mat . ' & " Washington Gas 6s A—$1,000 at 101. | Queensiand 6s. " E Chi Union Sta 5s 44 ;r of lms!.hll nnt‘ilnn’n :;unk_r%h-rmr i National 2100 925 15th St. N.W. comes much less desirable. The un- certainty which has resulted with ref- $500 at 101. s = ='3| Chi Unlon Sta ¢ Capital Traction Co.—10 at 88';, 5 at o '. Chl & W Ind cn : erence o the merging and fiduclary re- S —————————————————————— lations under a national bank charter THERE 1S NO SUBSTITUTE FOR SAFETY LS C&W15%862.. Potomac Electric 5> pfd.—8 at 1057, | RhineWst EP 7s 50 1 Clev Term 5s. i nder '3 national bank charter g s & very har ow to e m of banking in that fleld. 2 at 10575, 5 at 106's. Rio de J. iq 6L Security Savings & Commercial Bank— | Rin de J::‘xr.-qnc;' | The national bank division passed a resolution yesterday dealing with this 10 at 515. Rio Gr do Sul & Lanston Monotype—19 at 130. Rio Gr Do Sul 8, very important matter. It declared that anything which retarded the free Mergenthaler Linotype—10 at 103%. | Rome 6343. AFTER CALL. | 70 Paulo 1950 T P S growth of the trust departments of the NEW ISSU! Pofomsc Electric 512% pid.—10 o] EEzon (B IN national banks refiecied at once In o) | —_—— 2y essened favor for national charters. “This decision strikes a blow at the 100,000 Shares A Serbs Cr Slav 7s. T S O .. succession of fiduciary powers held b; a trust company which consolidates day out of respect to the memory of Mr. | Sweden 53s. . 3 o ) S e e o Metropolitan Dairy Products C. J. Bell who died today. Sweden ing that the consolidated national bank Japanese 614x. Kreuger&Toll S Del & Hud 7s 30 Den & Rio G en Den&RioG 413 D Rio G West 5. Det United 415 EastTenn Va&G: Erle 1st co A BRNBa—ALENT NSRS " CoRNNeaeRaes a0 e a0 38 Fla EastC6874.... Fonda J&G 4%s 53. Gr Trunk st db 6s. . Grand Trunk 7 Gt Nor 43876 D. Gt Nor 5. Gt Nor gen | Bid and Asked Prices. '::;'.'.’5.’.‘..’;.’;‘., does not succeed to the fiduciary ap- INCORPORATED ~ BONDS. PUBLIC UTILITY. < ints ts held by the absorbed trust LD Dompany, ' hiatus in the administra- | [| (A Delaware Corperation) uy | Amer. Tel. & Telgn. 4125 33 Ao tion of the trust is created. Pailure of | || = the power to pass to the national bank | F C s apltal tock . Amer. Tel. & Telga. 4'25 '39... H requires it to apply anew to the court Am. Tel. & Tel. ctl. tr. gx. for appointment.” TThER it continues: “Clearly this is & Capitalization Anacestia & Pot. R. R.'S: deterrent to the operation of such con- Anacostia & Pot. C. & P. Tel. of V2. 5 100" 102 MISCELLANEOUS. solidated banks under Federal laws. It i is one of the influences mitigating g . GAY'R' Suburban 5. ; AbramaStraus 5%s 1 107% 107% Georgetown Ga: , 100 Alieghany Cp 53 °44 110 107% 104% against the retention of the national . charters.” ! No Funded Debt—No Bank Loans—No Preferred Stock (Copyright, l’lb.pbry 'N rth eA,mellclfl New: papel £ -3 - Fotomac Elec. cons. g Alleghany 65 49 wi.116 106% o Elec. cons, 5 116 106% 10415 S B T 1 % |AmAgriChem 7%s. 1 105 105 11l Cent Chi 4 %8 ‘\:{ b, !lllmg& Annsi ....| Am Beet Sug 65 35. 84 111-C-C-StL&NO 68 Wath Gar he o R |Am Chain€s'33.... 1 874 4% | Int Rapid Trans 6s. ST 313 | Am Chem B35scv 49 97 113 11 Int Rap Tr 68 stpd. Whash. Rwy. & Elec, 45 83 | Am Int Cor 5%s49. 96 114 Lat Rapid Trans MISCELLANEOUS. Am NatGas 6%s42 6 92 3% i | Int & G Nor 1st Barber & Ross. Inc.. 6' Y 53 { Am Smit & R 1=t 68 43 100 Gham.-Vanblt. Hotel ¢! R0 100 | Am Sugar Ref 6s.. 12 1028 102 Chers,_Chase Chub 3 100 Am ;&;T’lfi_:vlc l/.: 391777 213 :nl R.EICA 6s41. r Mg 61 .. ¢ Am eltrbs 1017 4 owa Cent 1st 58. For. Jolnt Stock L 58 c |AmT&Tsths 1018 Kan City Ft § Slmmuw nhnnao~non - a0 Transfer Agent Regiswer LTBERTY NATIONAL BANK & TRUST CO. EMPIRE TRUST COMPANY New York New York SILVER QUOTATIONS. NEW YORK, October 1 (). 5 We summarize from information furnisked by the Company to the Bankers, as follows: silver, 50%,; Mexican dollars, 37 i & . . . rys METROPOLITAN DAIRY PRODUCTS, Inc. owns the entire capital stock of the Middletown Milk & Histo Cream Co., Inc., the Slate Hill Milk & Cream Co., Inc. and Tietjen & ?Mon Co., Inc. The Slate Hill Milk & = o oo Cream Co., Inc., operates, in addition to its own properties, the Rich Creamery Company. The Middletown Milk & Cream Co, s:: E:: :'./.. rets 6 Inc. operates, in addition to its own properties, the Suburban Milk & Cream Company. The Middletown Milk & Cream Co., | Sou Pac 4% 69 ww 92 97 Inc. holds an option to purchase 100% of the capital stock, together with physical assets of the Suburban Milk & Cream Com- Sou Ry gen 14 pany. The properties of the above companies, constituents of mnovfim Dairy Products, Inc., are located in Hamburg, N. J., and Mechanicstown, Slate Hill, Dayton, Newport, and Bronx, N. Y. Sou Ry 63 bl 5 iu] Sou Ry f%s.. . 7 s Businesss The plant locations are most favorable for the receipt of milk from dairy farms and for distribution to customers. Sou Ry Mo & O 4s. . W Products of the constituent companies are marketed to customers in Newark, Jersey City, Passaic, Ridgefield L com; jes sell princi to i listributo eries, restaus groceries, ‘municif Tex& PacssC19.. 2 ity of Paterson has specied that its municipal institations use their milk exclusively because of its superior quality. The $:§:2 ::: :'4'. ‘;',“ 2 3 s distributing arrangements and the nature of the business practically eliminate credit and invertory Ulstr&Del 5528 sta 5 7 : Unfon Pac 1strt4s 1 | Earnings: Combined earnings for the year ended December 31, 1928, and for the seven months ended July 31, 1929, giving Unlon Pac 45 68.... & 8 effect to the .limnq'nfim of non-recurring charges, as certified by Messrs. Haskins & Sells, Certified Public Virginia Ry Ist6s. 31 ¥ : Accountants, are as follows: VYRy&PSs...... 2 9 Whaun 4%8 18 rots, e Yoer Ended Doc. 31, 1928. 7 Mes. Buded Joly 31, 1926. Com Invest 84 Wbash5s76B. ... 3 ! Gross Profit ... = 238,563.48 Com Invest 6s " 3 Mo Pac 6343 49 evt. 6 West Maryland 4 Gross Income 173,238.33 Con Coal Md 58 z 2 28| West MA5%s71... 91 — NOTex&MG5sB.. West Shore 42 61 : Net Income after depeecistion snd Federa! tazes. 3 *5 135,693.00 ‘TRUST COMPANY. C NYS z e e emrl;::: Security & Trust Co.s4: 2 Net Earnings Per Share. . ........ *At Annual Rate of $1.52 Per Share a i) Market Cold Ste . h. Cons Title 65. | :m "l"‘f‘ & T;I:%‘ 105% Kan City S 3s. m Water Wka 5s. 97 ? S STOCKS. Am Wrtx Pap e 47 3 10 Jim) pamemachys Aromur&Cos %s89 Kan City Term 4 SR 1D o HiTarT AromurCasifasy. s Lake Shore 43 31. Amer. Tel. & Telga.. 200 B 2 LehiVgen 200 Capital Traction Co. ssociated Oil 68 2 | Lehigh Valley 63 20 Whshingion Gan. 0 agn Y s | AU G e g, Louis&Nash uni 4 Sicamboa Atlantic Refin 5 L&N 4%32003 o Bell Tel Pass B 214 < Bell Tel Pa§sC. 2 :lllr:;'fls;z.l:‘ 1 Bethlehm Stl pm Minn & StLcn bs. Beth Steel rf 53 s M Stp & SSM en bs. e g n MStP&SSMbs38gtd National Capital H et 8 58 : Bklyn Edison 58 10 MRETIa Certatn-Ta % M K & adj 53 s Copper o Colon 011 Mo Flcina g Col G&EI Taenen aastan P —= CulnlieRuunas b e 53 ¢ . CompLETE FINANCING Based contracts and agreements and the operation of the Dayton plant, disregyrding any expansion of the WamEBaS I e:npn:m:l::m or economies that may be effected b’y‘t‘le consolidated management, it is conservatively estimated that i . the net income of the company for the ensuing year will exceed $2.00 per share on the outstanding stockincluding this issue. Commerce & Savini .| Duquesne 434 East Washington . East Cuba Sug 7 5l " A 5 : < : ich i ot ansi tention of th naj t to continue the expansion which is responsible for the present éfig‘:{;’; treel 3 st ISt & an E" o :;:dt:o.nmuon:? :lu C.ogl "ml'tni- anticipated that mqmonp:fhzm dairies will be made from time to United States e 800 . ..|SencCablesusa4r.. New Haven 4s 65. b TRUST MON EY time, definite steps having already been taken in conjunction with the acquisition of certain units. Washington "um;:;dnkxcl 50 85 |Gen Mot Ac Cor 6s. i NYNH&H 43 51 i ipan; - A FpeilLL NYNH&aH4% Dividend Policy:s The strong current fi-fl'fi?“ d‘:r'fl Conl:i y and the absence of the necessity of carrying a large Sveoran . i H % ) NY NH&H cv db 6s, 2 ; On homes, spartment inventory warrant a liberal divi policy. Retonm o P L buildings and busine It is anticipated that an annual dividend of 50¢ in cash and 5% in stock, payshle quarterly, will be declared at the mext TITLE INSURANCE. N Y Ry 65 65. 4 properties. No appraisal meeting of the Board of Directors. The initial quarterly dividend will be paid December 1, 1929 to stockholders of Columbia Title,.. 12 14 NY Sus&Wn gen bs fee. Prompt service. record November 20, 1929. & Inv. of Md. cos 3 4 2k K NYW&B4é%s.... ‘Cons. Title pfd. E 9% Nor & S gen bs 54 9 B -" ‘ Directo: ’ Norfolk & W cn ¢ eal Es 0 o = Barber & Sy A 4 Nor Pae 38 2047 R I hte Mortgag‘ A. P. WALKER, Chairmen. ERASTUS T. TEFFT, ESQ. JAMES B. FUNSTON. Di Nor Pac 4 Foemerly Precident, Standard Milling Co. Tefit & Con Members, New York Seock Vigs Prosident, Liberty Nat. Besk & Trost Cog CReVE A crave] ptd Nor Pac 4148 2 2 Sttt Hil'eh, e Nor Frsritntlsl i & Guaranty Corp. o e 3 sTaAso V. cLacgerT 15DORE LEITER. 5 tiiser, Bossevelt — B0 v. Lt S ) ; Int Tel&Tel 433 cv 253 Ore Short L et 4 0 by " s ckonDlace INSi 1408 Wil President, Seubo V. Claggent & Co, Inc President, Milk & Cream Co., Inas 2 4 ankers, Boston ‘ork. Ao b ies 24 | re Wean 13t 4 - Hi Eimhurst National Benk, Elm- President, Claggett Shares Corp. C. S. SCHINDLER. wa St i . Laclede G 5% o . huest, Long Islend. GUY GEORGE GABRIELSON. Vies Pn;z:m\.,lnh V. Claggett & Cou Lautaro Ni ; HOWARD O'CONNOR. Gubrislson, Conovee & Stasss, Attorneys. s - i - Vics President, New York end Londes Partner, Luwrence Scuddes & Co., Accountants. JOSEPH F. IGOE, ESQ. ‘Manegement Co.. Inc. President, Genor & Co., Newark, Tgos Bros., Newsek, N. J. 2331358333338 7~ 1 is stock d when, as and if issued and ed by us and subject to allotment and prior sale and to the ¢ of counseh First Mortgage This stock s ofered when, O e e veservad to refect amy o7 ol subscriptions in whole or in o, W especisd Mldt’vasfilbeaukiuthlmdm'mmdmufiamnnwmoanbwu,flr. Loans ] The Company has sgreed to make application to st thia stock on Reading J C 43 5. % duBn:u-smlnhnnnddu ew York Curb Exchange. eading s 51.. Reading gen 4 %8 A Applications Invited at ? ¥ Price, $14.50 per share S — (Yielding cash and stock dividends of 8.44%) Interest Glover & Flather Strabo V. .Clma_l‘gjett & Co. ~ Claggett Shares Corp. 1508 H St. N.W. Yo Washingten Bids. PHIL RIS TR " e National 1753 NAtional 7610 Sy 7 The information herein, while not guaranteed, has been received from sources which we believe to be relisble. L) Lou Gas & EI 53 53. McCormck ER 4 Manati Sugar 73%4s. Midval eel 6s. .. MRS. HOLTZ IMPROVES. | Montana Pow b5 43 Montana Pw deb 63 - st 4%s. Mrs. Carlottat Holtz, 32 years old, 2804 | Net berey bite. Fourteenth street, who received a se-| NewEngl: T vere injury to her head early Sunday|n y Edison 6= 44.. evening, while paying a call on her es-| y ¢ gdiron §%s tranged husband, George Holtz, tempo- YG&EHP4s. . rarily residing at 1429 Columbia road Y Tel 4%8 ..... was reported at Emergency Hospital| x y Tej s 41 this morning as being In & much im-| N ¢ Tel 6x 49 proved condition. North Am Fdis bs It was reported at the hospital that i No Am Fd 5%a 62 the X-Ray examination failed to dis-| Nor Ohio Tr&lL 6= close a fracture of Mrs. Holtz's skull | Nor States Pow bs Holtz, arrested and held on a technical | pacific Gas & Ei b8 of investigation to await the paeT & T 1sth 3 100% 1 result of his wife's wound, had not béen Pac T & T s b2.... 101% ? — waleased this morning. Pan Amer Pete 6s.. 1064 10-% Sou Paccltés..... 1 @ - SRR NN m NS e AWIND K~ ma