* ?
? ?"?????? V5? ?" *********
VOL. XIV. FINAL EDITION. ELIZABETH CITY, NORTH CAROLINA, SATURDAY EVENING, APRIL 5, 1924. EIGHT PAGES. N0.82
McNary-Haugen Bill Holds
Center Of Attention Now
Measure Designed for Relief of Wheat Farmer Has En
dorsement of Secretary of Agriculture hut Adminis
tration Generally at Sixes and Sevens Over It
By DAVID LAWRENCE
1924. By Th? A4>anc?)
Washington, April 4.?Administrationo officials are at sixes
and sevens over the McNary-Haugen bill which provides machin
ery for the purchase of the export wheat crop. The critics are
numerous, the attack on the bill extends all the way. from cries
of unsoundness to the statement that it will take an army greater
than the prohibition force to police its operation.
Charles J. Brand, consulting
specialist at the Department of
Agriculture, who is probably
more familiar with the proposal
than anyone else in Washington
today, consented to explain
some of the provisions of the
measure.
"If people will only read the bill
and examine It carefully," he said,:
"they will not find In It on reflection
the Imaginary dangers they think
they see. Kor InBtance, it lias been
said the bill would put the grain ex
changes and traders out of business.
It will not. The United States Agri
cultural Export Corporation will act i
through exls-.ing trade bodies and!
organizations. The corporation Is to!
be actuarial and not a trade body it
self. One thing It may do. 1 admit. |
It may reduce the amount-of-fluctua-|
tion ill grain prices due to world ru-|
mors but the exchanges will always]
be influenced by domestic factors j
and rumors.
"What is proposed in the McNary- ]
Hauuen bill is nothing more nor less'
than what the agricultural co-opera
tives now are doing. We simply
would buy the exportable surplus of
wheat fbr the farmer, not out of
Government funds, but out of funds
provided by the farmer himself and.
when the time for settlement conies
at the end of the year, the farmer
would get his 'patronage dividend,'
as the farm co-operatives call it. In j
the form of 'participation certifl-1
cates' which is a better name for
what has been suggested than scrip.
It Is a mistake to attribute to these
'participation certificates" any legal'
tender value. They will be commer
cial paper pure and simple.
"I have heard statements that the
farmers wouldn't accept these certi
ficates. But let us take an actual Il
lustration of how the bill would
work. Suppose a farmer has 2,000
bushels of wheat to sell. The domes
lice price Ib $1.00. The ratio price
of wheat to other commodities
would call for a price of $1.50 a bu-'
sliel. If things were normal. But In-,
stead of paying the farmer that
nmount In eftsh, or $3,000, he would
,b?- paid for Illustration* about $2.
700. The remaining $300 would
be withheld and In Us place he would
be given a 'participation certificate.'
Now how would we determine the
value of that certificate at the etui
of the season? We are producing
about 750.000,000 bushels of wheat I
of which 150,000.000 bushels would
he the estimated amount needed for
export, based on previous yenrs' fig
ure*. But in the export market we
would have to sell at a loss, say at
a dollar a bushel. This would mean
a total loss of about $75,000,000.
Add to that an approximate cost of
$15,000,000 as the expense or the
corporation, though I believe it
would be lower than Hint, and you
have a total cost of $90,000,000. But
if out of a total production of 750,
000,000 bushels, you withhold 15
cents a bushel from the farmer for
the equalization fund, you will have
oil hand about $112,500,000. Sub
tracting the $90,000,000 of expense,
it leaves $22,000,000. and dividing
that sum by the number of partici
pation certificates gives the value of
each, which would be three cents a
bushel as the final value of each cer-.j
tificate. That would mean for 2.000
bushel a total of $CO.OO In addition
to his original $2700 or $27R0 In
all. Now compare that with present
conditions when this farmer gels, at
present prices, approximately $2,000
for the crop. Wouldn't he accept a
scheme that assures him of more
than he Is getting* I am sure he
Is a. ttlng? I am sure he will." |
Mr. Brand denied that the plan
Interferes with the prerogatives of
Congress In fixing tarlfTs nnd said
that Just ns Congress had delegated
authority In the case of the present
flexible provisions of the tariff act,
It could give the proposed corpora
tion authority to raise the tariff
within a certain measurable propor
tion.
The whole purpose of the bill, Mr.
Brand claims, is not to guarantee or
fl\ a price hut to establish n mini
nrim price level for export. He In
sist" d that there would be no sub
stantial increase In production argu
k Ing that, during the war. with wheat
I above two dollars a bushel the total
I was OOS.OOO.OOO bushels and thai
I the limit of easily usable wheat
Alarnls hnd I? en reached. He declared
^that the hill would help other prod-]
ucts, of course, hesldea wheat and
would he especially helpful to the j
hog raiser alnce a rstlo would be ea- ?
tabllshed based on the prlcea of oth
er commodities. He did not aee
ho* there could be any material In-'
crease In hoc production becauae the
L I
HOP-OFF DELAYED
IN GLOBE FLIGHT
Washington, April 5.?Mo
tor trouble with the plane of
Major Frederick Martin, com
manding the flight of four air"
cruisers of the United Stated
Army around the world,
stopped the liop-off today Just
as the machines were ready to
rise from Lake Washington.
After the engines of Major
Martin's plane had been start
ed with some difficulty, the
commanding officer stated
that another start would not
be attempted until tomorrow.
ROOSEVELT BRYAN
CAUGHT BY POSSEF,
Negro Who Shot Police De
tective ut Wilmington Is
Placed Under Arrest in
Beaufort ("omitv.
Washington, N. C., April 5.?
Roosevelt Bryan, colored, much
wanted in Wilmlngttfh for shooting
and mortally wounding Police Detec
tive H. McGodwin at the corner of
9th and Nixon streets in that city
last Saturday night, was arrested at
the construction camp near Ed
wards this county. Friday morning
by Police Detectives A. A. Nelins and
F. W. Cox of Wilmington, and Dep
uty Sheriff J. J. Hodges of this city.
The negro acknowledged he was the
man wanted and did not resist ar
rest. He was brought back to this
city and was taken to Wilmington
by officers Nelms and Cox.
The shooting of the officer/ by
Bryant was said to have been with-j
out provocation. Saturday night the |
detective went to the car which Bry- i
ant was occupying and started a
conversation. During their talk the1
detective placed his hand on Bryant
and felt a gun. Immediately the ne
gro jumped from the car and shot
the officer, the ball hitting him in
the stomach. Since that time his
life has been despaired of.
The negro made his escape and
since that time officers have been
scouring the country for him. Since
last Sunday morninu officers Nelms
and Cox. with very little sleep and
scant food, have been trailing the
negro from place to place. They say
they have been about three hours
bohind Bryant since the shooting.
Every clue they obtained was fol
lowed. Thursday night the officers
arrived here looking for their man.
Chief Hamilton intimated to them
that in all probability the negro was
at one of the two construction
camps. Early Friday morning, ac
companied by Depupty Sheriff Hodg
es. they found their man at Edward
construction camp and arrested him.
After bringing their prisoner here
Detective Nelms dispatched the fol
lowing wire to Mavor J. H. Cowan
of Wllmlneton: "We have the hon
or to inform you that the groat Ood
In Heaven has delivered Into our
hands Boosrvelt Bryant who shot
and mortally wounded h. McOodwIn.1
our fellow officer. Captured him 11
miles southeast of Washington. :
T^eave for Wilmington this afternoon
with our prisoner."
1I\Y\S VGENCY DENIES
WOLFF BUREAU REPORT
(T\i T-? AwtU'H Pr?>?0
Parla, April B. ?Calling Attention
to a dlftpatch from the Wolff bureau
in Ilfrlln aavlnic th.?t French troops
of occupation had idrtncfd north of
KlbcrflHd, the Ha van nroncy dorlaroa
that no Miirii military movement
boon made or In contemplatod.
prlco of corn would rcculato that. In
fact, hi* theory that n atahillz<-ri
rotation would obtain hot worn all
farm product*.
Mr. flrand linn against him nonio
of tho Influential n<lvln?-r? of tho ad>
ministration on agricultural econoni-!
lea. President Ooolldse In endeavor-'
l?K to maintain an open mind. The
bill has been roported favoralilv to
tho Bonato by th#> Agricultural Com
mlttop and has tho aupport of tho
Secretary of Agriculture. It la bt
InR conaldored In cxocutlve aoaalon
by the Houap Commlttoe on Aarlcul
ture and alroady there la evidence
that tho bill will be tho center of at
tention of the agricultural world, aa
well aa In tho grain bualneaa for
, many weeks to come.
ATLANTA PUBLISHER
TAKES N. C. BRIDE
Concord, April 5?At a quiet cer
emony at the home of her mother
Mrs. J. W. Cannon here. Mrs. Mar
garet Cannon Carr today became the
wife of Clark Howell of Atlanta, Ga.
Only members of the families of the
principals were present at the cer-,
emony.
Mrs. Carr is the wl-.low of the
late Julian S. Carr. Jr.. of Durham.
Mr. Howell is well known in news
paper circles throughout the South
and East as the publisher of the
Atlanta Constitution and the couple
will make their home in Atlanta.
WILCOX BRINGS IN TWO
ALLEGED BOOTLEGGERS
Two more defendants were added
to the list who will be tried at the
April term of Federal Court conven
ing here Tuesday. April 15. when
Deputy U. S. Marshal Wilcox on Fri
day arrested W. M. Honnor and
Jaines Dixon, colored, near Fentress,
Virginia, where they were making
their home. Roth prisoners are now
lodged in Jail here awaiting trial.
Bonner and Dlxon^rrere captured
at a still in Currituck In 1923, but
made their escape before they were
brought to trial.
Another prisoner awaiting trial at
the April term of Federal .Court is
'Rufus Flynn. arrested at Norfolk on
| March 28. by Deputy U. 8. Marshal
! Wilcox. Flynn Is charged with man
>tifactiiring liquor In 1923, near
( South Mills, where a still was found,
'and he is now out under $300 bond
pending trial.
John H. Simpson, of Chowan
' County, charged with using th%;
mails to defraud and arrested on Ap
ril 3, is undor $.r>00 bond for appear
ance for trial at this term of Fed
eral Court.
BIG PEACH CROP
| Atlanta. April S:?(Special)?The
Central of Georgia railway estimates
I the 192 4 peach crop along its lines
at 10.000 cars. In a statement to
farmers the company calls attention
to the new orchards coming int >
bearing and warns against expansion
of acreage until canning and pre
serving facilities have been im
proved.
TOY FACTORY BURNS I
Baltimore. Md.. April 6.?The I
factory and warehouse of a carriage |
and toy company here last night
were destroyed by Are. with a loss
of $200,000.
ACTRESS BKINGS SUIT
FOR BREACH CONTRACT
New York, April 5.?Princess Ma
ria Carmi Matchabelli. known on th*
stage as Maria Carmi. brought suit
today in the State Supreme Court
against Morris Gest, producer, ask
ing $510,000 damages for alleged
breach of contract and asserting that)
(Lady Diana fluff Cooper. English ac-j
tress, had been substituted for her
In the role of "The Miracle" for]
i which she had been engaged.
DOHENY IS GRANTED
INDEFINITE DELAY
Washington. April 5.?Edward
Doheny. for whom a subpoena was
issued by the oil committee more
; than a week ago, has been granted
indefinite delay by Senator Spencer,
Republican, of Missouri, at whose re
quest the summons was sent out.
Senator Spencer said that he was
] Informed by Mr. Doheny that "press
ing business matters made it incon
venient for the oil magnate to leave
Los Angeles at this time.
Senator Spencer desires to ques
tion Doheny concerning his contri
butions to the Democratic National
Campaign fund of 1920.
LOW PRICED RADIOS
EXEMPTED FROM TAX
! ? Washington, April 5.?All radio
sets selling for less than $50 whole
1 sale were exempted from the pro
posed 10 per cent tax by the Senate
Finance Committee In winding up
consideration of the revenue h|ill..
The committee also agreed to ex
empt all articles selling for $25 or
less from a Jewelry tax of five per
cent instead of articles selling for
less than $40, as voted by the House.
Fancy Leathers Passing
Chicago, April 5.? (Special.) ?
Tanners report a strong tendency
away from the so-called millinery
colors. Shoe manufacturers are
eliminating stocks which Involve the
use of these fancy upper leathers,
fearing abrupt style changes.
Warren McCray Has Got
W. B. Cooper Beat A Mile
Indiana Governor Spends Hulf of Fifteen Hour Day in
(lourt as Defendant and Oilier Half ill Executive
Offices of tlic State of Indiana
!
B.v ROBERT T. HMAI.T.
(Copyright. 112%, By Tht Advance)
Indianapolis, April 5.?Spending one-half a 15-hour work
ing day in the criminal court and the other half in the chief exec
utive offices of the state capitol, Governor Warren T. McCray
is endeavoring to carry on the affairs of Indiana.
The governor has spurned all
the suggestions that he resign
because of the many indict
ments against him. lie has it
fighting face like that of Harry!
Daugherty, and like the former
Attorney General of the United
States, he does not sec why fac
ing a trial by jury or commit
tee should interfere in any way
with the performance of his of
ficial duties.
Gotprnor McCrny ha* not agreed .
to rcnlgn, even In the event of hi*
conviction of either state or Federal 1
indictments. He in certain to appeal
any adverse verdict In cither court
and the chances are that when hi*
term expire* In January next the
leases against him will not have
reached a final Issue.
The constitution of the utate of
Indiana provides that, no person who
ha* been convicted of a felony *hal!
! be eligible to public office, but there
is no provision In the conntltution or
statutes dcnling with the case of a
person convicted after election to of
fle?\
Fearing the political effect of hi*
continuance in office after a revela
tion of the varlou* financial Irregu
larities with which ho I* charred,
state Republican leaders have en
deavored to bring pressure upon the
governor to step down. They have
utterly failed to Impress their views
upon him and although these *nm<
leaders by dlliuent work raised o
pool of $.1.10.000 to repay some of ?
the fund* u*"d bv the governor, the y
have testified at his trial that at no
time has Mr. McCray admitted he
was guilty of evn any moral wrong
doing, to sny nothing of the alleged
criminal pha*" of hi* tran*actlon*.
Governor McCray is *o convince!
of hi* own innocence that some of
his friends say he would not hesitate
to paroon liiiMs-'lf .In the event of .*?
conviction In the county or jstate.
court trials.
Of course he would have no Juris-1
diction over a Federal Court convic
tion. The governor recent)y stated
his case so strongly to a*meeting of
Republicans gathered to ask hi* res
ignation that they contended them-1
selves with adopting a resolution
saying that If convicted, Mr. Mc
I
Crny should immediately retire.
Governor McCray reaches his of
fices at the state capitol every morn
ing by 7 o'clock. More often lie Is
there at f#:30. He works diligently
at his desk until 0 or 9:30, then
hurries over to the old limestone
court house on Washington street
for the convening of the criminal
court, where he Is prisoner at tin
bar. After court adjourns In the
evening and after he has had a bite
or two. the governor once more pro
reeds to the capitol, where he Is of
ten busy until or 9:30 at night.
The long hours do not worry Yilm at
all. He says he is a fanner and In
accustomed to getting up with the
sun. He did that Ions before his
trial started and his habits of early
rising and long hours have made It
easier for him to "carry on" In the
present difficult circumstances than
It would have been for the ordinary
business or city man.
The governor Is a placid, genial
sort of fellow. Ho Is Inclined to
meditate these dnys upon the un
kind ness of fate. A few short
months ago the greatest breeder of
Hereford cattle in the country nnd
rated as a millionaire, he Is today
stone broke. All Is none, he says,
"one throuKh the unwise huylnt: of
acres upon acres of farm lands when
land values wore high. Just what
the governor Intended to do with nil
the farms he boui-ht nnd wan unable
to pay for, no one s?" ma to know.
Governor McCray has been ex
tremely popular In the state with the
farmers and the politicians, and even'
those who find no excuse for his
^regent predlcam* lit are Inclined to
Live him th< ir sympathy. Mor fa ail
the sympathy an emanation from
the Republican party.
Tom Tni:gart. Democratic leader
of the state, subscribed $20,000 to!
the fund, which was raised In an ef
fort to save McCray and to save th>
state of Indiana. Assets pledged
for this fund are said to be melting
fast away and the chances are now
that the subscribers may not g? t
much, If any, of their money back.
In the present trial, which has
continued for several weeks, there is
almost general agreMnerit outside
the court room that the Jury will not
be able to agree upon a verdict. Such
an Issue of the case would be re
garded by Governor McCray as a
personal vindication.
WRECKAGE IS STREWN 1
HENRY TO H ATTER AS (
Norfolk, April 5.?The Coast
Guard reports today the finding of I
wreckage from Hatteras to Capel
Henry as a result of recent storms
and cutters will be at work for sev-|
eral weeks clearing the steamship
lines of wreckage.
KILLS YOUNG WOMAN
THEN SHOOTS SELF
Frederick, Md.,-April 5.?Clinton,
Frederick, 42, last night killed Miss,
Leona Whltter, 22, when she refused j
his amarous advances; and then j
killed himself.
MRS. CUMMINS DIES
Richmond, April 5.?Mr?. Tula
Long Cummins, authoress who shot
herself In a suicide plot with her
husband, died last night of her
wounds. Her husband died Tuesday.
STATESVILLE OFFICIAL
IS SHORT IN ACCOUNTS
Statesville, April 5.?The board (
of aldermen of Statesville yesterday]
found a shortage of more than $11,-'
I 000 in the accounts of former City
Clerk George Long. The aldermen
! will not prosecute, as Long says ho
will make the shortage good.
| WOOL MILLS RUNNING
ON FULL TIME NOW
Webster, Mass., April 5.? (Spe
cial.)?The Webster mills of the
American Woolen Company, which
have been on a curtailed schedule
for some weeks, have resumed In
'full with a weaving shift working
j nights.
1 COrXTY WON PIIIZKS AT
STATK I'AIIC I,,VST I'AI.I,
Pasquotank was one among the
73 counties, residents from which
won premiums at the State Fair at
Kalei^h last fall.
Miss Hattle Price, Miss OUle
Palmer and Miss Ina Brothers of
Elizabeth City won $2.00 each In
their home * economics exhibition,
while Howard E. Hettrick of Eliza
beth City won $1S on his poultry
1 exhibit.
DURHAM MAN ELECTED
GOVERNOR OF ROTARY
Raleigh, April 5.?The Rotary
District meeting in session here this
week adjourned yesterday after
electing M. Eugene Newsom. former
mayor of Durham, as district gover
nor.
PIRATES SEIZE SHII*
WITH 3 FATALITIES
(By Thr Aaweiatcd Prc??)
Hongkong. China, April 5.?PI
, rates attacked and seized the Pcr
1 tuguese steamer Selxal near Kau
, kong on West river todny, killing
three guards and wounding Captain
i Assi, master of tho vessel.
GERMAN PROPOSAL IS
REFERRED TO Al l IFS
(By Th? Anocintfd Prrn)
Paris, April 5.- The Allied Coun
cil of Ambassadors here today re
ferred the latest German note rela
tive to a disarmament control coin
mission to the allied governments.
\SKII> NOTIFY MISS. FFAltlN'O
AH members of the Parent- i
Teachers Association who can at
tend the District Meeting of the
Woinans Club at Edenton Tuesday!
ore asked to notify Mrs. J. O. Fear
ing not later than Monday.
CAMBRIDGE DEFEATS
OLD RIVAL'S EKJHT
lUf Tit* AmatIiM l'r'? ?
Putney, England. April 6.?Cam
bridge rnlviTBlty'H varalty eight j
aprung a aurprlBo today by dofcAtlnK'
tin- heavier and mo/e experienced
Oxford rr?'W in (he 7f?tli revival of
their historic rac?- on the Thamca
from Putney to Mortlake.
Fl'NKtlAlj OF W. K. IUIU.FHS
Tho funeral of Willie K. llurg<'???i
of Old Trap, who (lied Thurnday
morning at the Community Hospital
van conducted at the home Friday
afi*?rnoon nt 2.30 o'clock by Hov. fl.
Bnlyer of thr Old Trap Methodlflt
churrh. The'pall benn-rn wer-: l?.
is. Wright, O. Tompkins. Joe Riggs,
Jesaee HuVgesn, flarvey Gregory.
and Jonathan Rigg*. Interment
wa? mad<? In tho family burying
ground.
Mr. TlurgCM l? survived by his
wife, thr"" children. Margaret. Ran
dolph, and Robert; bv bin parenta.
Mr. and Mri R. T. Ilurgr** of Old
Trap; by three brother:*, J. K. Bur-j
gr>#* and I'. K. Hurgpa* of thin city
and ('. K. IlurgoflH of Raleigh, and by
two sister*. Mi?s Nellie lturg<-M of
Old Trap and Mrsl Frank liaker of
Iltoomlngffeld. New Mexico.
DIE FKOM BURNS IN
FIGHTING WOOD FIRE
Pulaski, Va., April 6.?Two men
land a boy died here late yesterday
from burn* Incurred while fighting
a forest fire.
EDENTON IS ON
THE BANDWAGON
Joins Elizabeth City and
Hertford in Movement to
Bring Coastal Highway
Through Albemarle.
A large nnd enthusiastic crowd
attended the meeting held at Eden
ton Friday night in the interest of
bringing the proposed coastal high
way through Edenton, Hertford and
Elizabeth City. The meeting was to
have been held In the chamber of
commerce rooms but so large was
the crowd that it was necessary to
change the meeting place to the
courthouse. ^
Secretary Job of the Elizabeth
City Chamber of Commerce ex
plained the various possible routes
that are being considered and other
members of the Elizabeth City.
Hertford and Edenton delegations
?poke in the Interest of the high
way.
Edenton will send Ave delegates
to the Atlantic Coastal Highway As
sociation which meets in Savannah
i on April 8. With five delegates
from Elizabeth City, three from
Hertford and possibly other dele
gates from Camden and Currituck
| counties. It is believed that the del
egation from this section of the
State will make a favorable Impres
sion upon the authorities at the Sa
vannah meeting next Tuesday.
| The Edenton-Hertford-Elizabeth
City delegates will leave Sunday
night for Savannah.
Three automobiles of representa
tives of the Elizabeth City Chamber
? of Commerce and two automobiles of
citizens of Hertford and Perquimans
| counties attended the Edenton meet
ing Friday night.
? lopes to Form Organization
District Chuniher Commerce
! That a district Chamber of Corn
i merce should be formed comprising
the counties between the sound and
i the Virginia line was the sentiment
expressed at Edenton Friday night
at the Joint meeting of representa
tives of the commercial clubs of
, Elizabeth City, Hertford and Eden
ton.
Though definite arrangements
hnve not been made, it is believed
that this organization will be formed
at Elizabeth City In the near future.
It was pointed out In the speech
es made at the meeting at Eden
ton that there are various matters
of general Interest to these counties
{upon which united effort would go
ia long way In bringing about the de
I sired goal.
HKIIK'H HHAIi AIIVKHTIHBR
Atlanta, April 5?(Special)?All
| records for one day's advertising by
? a single firm in the newspapers of
I the South are believed to have been
! broken this week when the King
Hardware Company used twenty-ono
full pages of newspaper space In
local papers to advertise Its pro-In
ventory sale.
DAUGHEItTY COMMITTEE
IS IN BECESS TODAY
Wellington, April 5.?Th" Diugh
erty Committee was in recess today
after another week of rlChoChettlng
inquiry.
Although darting from deal to
deal, the committee was concerned
chiefly with war contractu and Is ex
pected next week to hear Secretary
Weeks with reference to air craft
frauds.
It Is planned, however, to examine
other witnesses on this matter be
fore questioning Weeks.
ONLY 12 MONTHS
FOII MANSLAUGHTER
I tut Kllllim Was With Automobile
and t iilntenttonal and There
fore l.luhr Sentence
Kdenton, April G.?Judge Devln
took Into consideration the fact that
Duella Haines, killed in an auto ac
cident. for which J. I). Haines wart
prosecuted this week. was the sister
of the accused and that there was
no Intent to do her bodily harm and
the sentence In consequence wan
very light, as the Judge stated?12
months oh the county roads.
Sheriff Scull of Hertford County
came ov? r In bis car Friday morning
to take the prisoners who had been
sent' need to road work In that coun
ty. these being Oscnr Hunch, white,
12 months for assault with a dead
ly weapon; J. I). Ilalneft, colored, 12
months for manslaughter; end J. M.
Hoi ley, colored, six months for a cut
ting scrape.
Kenneth Tlaieinore, sentenced to
the penitentiary? for from Ave to li>
years, will be taken to ltalc|gh on
Sunday by Sheriff (loodwin.
COTTON MARKET
New York. April f??Spot cotton
closed steady here at noon today.
Middling .10.6.ri and advance of 5
points. Futures closed at the fol
lowing levels: May 30.38; July
29.1?; October 25.60; December
26.10; January 24.78.
New York. April ft.?Cotton fu
tures opened at the following levels;
May 30.50, July 20.40; October
26.60, December 26,26, January
24.90.