The Times from London, Greater London, England • Page 12

i t. Finance Commerce Our TBJErvoni AU. 777. CITY NOTES. THE.

STOCK EXCHANGE AND BANKS. We tmdedamd that at a meeting of the Stock yntinyf Committee yesterday the proposal for reducing tb ectnmiawoo payable to bankS and amenta from one-half to third dropped. This mem that the object cannot be ralaed again daring the life of the present Committee. inlr that the Committees derision a for the reason that had the seduction reaohwd upon it could not under existing eieevmrtanoes possibly' haw had th effect of any more boU to the Stork Exchange as a The oectcon will be approved by th bulk of the members for the broken at a private meeting on Friday last passed mousty a resolution in laYOm' of a continuance. of the present arrangemeat with the banks.

There is DO doubt good deal of iyrnpathy with the view that the banks have been gradually becoming a stronger competitive factor in Stock Exchange business as has been demonstrated very dearly by what has happened in with the ue of various loans to finance the war. In view of the Id that the temporary regule. lions imposed at the instance of the Government and the mobilization schemes have involved a great loss of business to the Stock Ex. change. members feel strongly on the point of the preferential treatment that has been accorded to th banks by the Government in matters in whit the Stock Flange wee entitled to as much eonsideraiioo.

Nevertheless it is impossible to ignore the position which the banks have acquired among the investing public at considerable expense sad which has been denied to the Stock Exchange by reason of its adherence to the old-fashioned rule prohibiting members from advertising. Brokers and Banks Abroad. A broker writes to call attention to another. aspect of this question of sharing commissions which was not touched upon at Fridays meeting that is the position of the banks dealing overseas. Thee expense and our involved in collecting business from clients abroad is manifestly be says greater than horn climb resident in this country.

It involves cable charges more correspondence and a greater responsibility on the part of the bank. Our correspondent thinks that advocates of the proposal have overlooked the benefits of a tem which gives the London Stock Exchange a responsible agent wherever in the. world British banking penetrates and which costs the London stock. broker nothing tmleas business is brought to maturity. Turkish Boodbo1dcn after the War.

Negotiations we learn have been going on in eonnexion with the future of the Turkish bondholders in view of possible territorial rearrangements. In any redistribution in the Near East Russia and Romania will have influential Anima tad representatives of the Unified bondholders and others not secured by the Egyptian tribute have discussed the principles of action in unofficial conversations with lluasian financial authorities. These conversation have led to the establishment of an important understanding namely. that the perma nent occupation of any part of Turkish soil shall CATTY with it a liability for its proportion of Jhe revenues ceded by the Ottoman Government to the bondholders. There are good precedents both in the cue of Italy and of the Balkan SUtas.

Italy admitted the claims of the bond. lx Iden in rtepeet of the revenues of Tripoli. and paid over a capital um of 2000000 in full wtUemet thereof. which sum is still in the hands of the Debt Administration. It will be remembered that the Balkan War left Turkeys financial responsibilities in a very ed state ana when the present conflict broke out a conference was actually going on in Paris the object of winds was to determine how the revenues of the ceded territory were to be apportioned.

The whole situation will require careful and equitable adjustment after the war and it is satisfactory so far as the bondholders are concerned to know that the lines upon which this must proceed have been Td fruitful con. siderataon Control of the Ottoman Debt. Hitherto any modification of the Constitution provided try the decree of Mohan in 1881 has been rwriifrd by the Council of Foreign Bondholders and there is always a risk. in altering a law that the door may be opened to other and perhaps unreasonable changes. At the same time it is almost inevitable if after the war the Ottoman Debt Administration continues to collect th ceded revenues that it should include a repseentsiiw7 of Russia.

It may even be found necessary as a oaosoqoeno of the political upheaval and cTungna that ft more draws form of control strTiM be introduced extending to the r. i finance generally. Whatever may be the tat. of Turkey this it is urged would be an effective way of rrainring economic order and protecting eremioa isuc 01 a total 01 aoout iT30000 60 pi rr1M the Debt Administra tion until reoUy collected more than T8OOCMX0 sad no very costly additions to the executive would be needed to enable it to take over the wiaia national finance. These questions are of oouzsel more or lea premature but no harm it done try ventilating them or by a provisional agrecKncot the bondholders of Allied nationality for tiMj with eventualities.

TIM BVd for a Shaping Company. We are informed that deals Watts Watts and Co. the- managers of the Britain Steamship Company had no knowledge of the offer made to purnhasn the 10 ahrea at 30 apiece to winch requested to give publicity until they saw the circular yesterday containing it that they would not reoommtad any holders to sell shares oar the terms named and that they consider it would for any oat group to obtain acceptance from U. holden. 89 pee cent of th shares.

An Important Proviso. The actual circular we notice contains ft proviso wtIHIh was omitted from th summary Waued to Pros on Saturday. The offer is made subject to the condition that a satisfactory arrangement completed by oar group with the pre nt management for the future working of UM We are informed-by Mears. Waif. Watts and Co.

that no negotiations of any sort have been proceeding for the sal of the badness and as recent perienc ha shown that managers of shipping companies expect very considerable compflrua lion for the loss of their buainees. the is far from being negligible on The firm makinf the offer lot the stare soothe an exceptional and on that teal wtU lie to 14 Th prta 4 8e to en at liUIJ to ha rueaed with eotaay la Ma -a' aad la only praetkaU to owtai se Uaultre4iBaUaU atSttrMVrr r. For the pest It months U. distribution amounted to 30 per cent tax free and on the supposition that the dividend. raatetaiaed is the earn rate for next yet price of 30 world not appear au.

xorbkant One to offer mo the yield on it represent. 10 per net addition there it the rjM Ucu of. reserve Lord Rhondda Worms us wt hi knows nothing whatever of the offer and tbatb would tot make au. offer of he kind too the shareholders or say' corneas AM obtitning tb approval oTt dweeter- onea do not gait tender. aa44 at proapeet of uccesa it tboafttt by it fteeewor to have tad that tIIM fWts Watt.

may left to ay ahftf daoMeri who a be poaitinn of lb. Britain STOCK EXCHANGE. SHARP FALL IN FRENCH LOAN. There WM a farther Baridac dews of of fevertaeet aeountie oo Ills Meek rstiage ye t4 day Ito the big competitive mom of. the paw Exebeqoer Th War Lose MI another post sad while a number of Colonial stocks were marked down 2 points.

The French Loot lei sharply ore the news of tl new iatie too be made iD London this' week. The of bargains recorded WM 3499 act compared with so on Moadsy las week. Thu market la fiK-e4sd emiAies WM la A certain amount tack ram or market which WM takes wWincI7. The Tlim ml a TUH pet Cents. Idl to Ml sea tbrenY to It.

Several stocks sea marked down point and Home Railway prior-chart true orb weakened. Great Wrtera Ordinary stock declined II to 11 ma between I' u4 toll tbs tat of mart. wan heavy. CxaDux Picmc KaBwar bates wets eater at Zeal sod Oral Trunk etocka alto deL FaIk rredominated in UM Hat. Cfaratrii std Union both taH1u I.

bat IWmis Norfolk sod Or. Leads wen II toTi points JaIcber. A recovery took pa- In Central tlae Ordinarr. oUienria th PUaauJr market was feaUucleaa. A sharp fall to the French loan warn the chief teeter.

the Poura market. The news of th pending el a London portion of th new lose broocht in eBerand th aaotation foB tolliwtth bwineai at 0) Greek li4 and Monopoly bond. I to II lower. Japan. deSer4PUoaS were a firm narks the Ualt per at Mi and the Four per Cent lilt and 11105701.

put from a rue of la. to 4L. la tread of price Is th On. here market warn down. wards.

theft closed at sad Royal Dutch at 43. TIle ton of th market RtIIHa we. not TmaatUftctory sad a fair amount of bsso was reported. tiLarH which were prominently arUr and flan were Cpolu. which nuked up to lb.

and XecIamabI1 in which began were marked between Xfla. d. and Oa SUfht irregular movement took plaee in tee bal were bought at 11 while whltmalaed to lla. la UM XwcrunoC8 market Can U- Arm At. II on th dividend and bones.

and. Union of New Zealand hadened to Xeat share wen In demand notably Bmithfleld. which roe Id. to a d. obef.

Ezploxlvc showed ctrencth. el higher at 4 it. id. rotl. to TeaUle shares were inclined to dull.

English Cotton rioting at lei. British American Tobacco od the turn at 4 i Th principal In the SOUTH me we. th strength of redder ar which ad. vanced 1 td. to buyer New fodder loct declined iito ll" and Band Mine to Olobe and Pbcmix rapported att30.

ed. Oopr er bans war weaker. Bio Tinto declined to 61 Anaconda to and Utah to JO. Mount Elliott at 4 warn an exception to UM tale. The Broken Hill rroop was dull.

rroprletarr faUia la. lei. to lid. and Block Tm la. to Anglo- ConUnental Tin changed hands up to 11 CHANGES IN QUOTATIONS.

In the following statement ar shown UM and fall. In seculitie comparing yeterdayI Official Ut with that of Friday Srrw form. ML Ww Lou 4lfX S34y bard 4 i I 40. tatil. IKi l- rf.

I 774. date ITX. I 91 4 Jl. 4T 11 ft. Xfi 1 MO JU UA tt 1 i I oJir Ujrii BT- A B.

1. MWI iV" saw a. hM4 X.lM4l lUTTIXdat. ini I TV4. OM jDeod hoc.

14 1153) tl. lt l-4tl 1 4 jM 4V IM4 I I atali ljrl 111. i. ns dm in i 70 ue i A. itm i to ri.

.4 IU I MAO ditto WrX. It I i rib. It 4 IMO-Mt t. Lee. i to I Arks i I 1 A.

tX I TO-I. t. wn1 I le 71. TMnuM ViV 1K 40) 1 1 T4 Trti 1 II' Vlrtocte I 1 UU rl It 4 dare IV 1.1 tnnt at 1 I. ii nmrr JbM.

CU 4 fX 3 T- VML ArwUn UV TI I in UO 7lM7- I IS dtu av I too ibtto KA WiMTt I to 1 ditto Mb. I II. w. A lee a I. Bit 11741 i Ito a 4144.

IV III 1 ted tfril 1 S. AMM TteaM Pot. Biir nt UfTt I TV4. III 4. ditto IV llA4J NI I U- ditto JOfenaoalTl I I 4540.

JS UV. ll nil l.E Mi Xll lt M4. Ljl fetcTs Rose iTt rill fkltiiit Pfd I. i t. Tr.

tna 1 In 41. diU. IDdj la M4nl 4 dIU. 1X4 Vi 0 4OT Ik rvioi wltn ftiii tovi. mrtWf JTum a.

HU A Uit-fv dttt. I. OL WM Oirl Iwcv. ud YOTki i In ea LaikVt. awttui Ill U1444H iftlj 1U dltl.

llWjlJ 19 r4 MM IOMUIKM4 KMbul 1 la a lf T. MMm ittu. d. It to d)4 mW I 14 lii KortlPEtM I 10s ontk-EMMn I 4. dlUo tPtil 1 la 7.

dths lj term- pmo fTginmt rtfl I St. I TT OLMonte I to 14. 01. lrrto IQtuam I 7 Ot. Wmura 1110 nu I to t.

ditto UX Om 4 1 to lads tW er 4 lUll 1 to CSlCTol 4 to 4wr4w. Koct 14 I 1 Den ia Lil IM. 1 to 714. nol I to T7- fl del Iwnui Xinvwin. MB.

But Inch. ii to ir Il 4. Ra g. Cii iU i lot rl t. New York I I to ItortlM FKi I 11577 Jo.

Havthn FK40e to IWrTiL KmttlMr It tVt-Ti. dltl I to 1 d. ye On nrnu. at. Wwlrrm 1.1 to 4.

JJ 1 to 4 orfalt IMI. 11. tl-l wlt tovlkm 1V IN I IBM. mr a i UV It7l 11. 044itauMn 14 M.

Kn SnauM fU. itt 4 1 I. Xiovin. Rwk KM 14. 1 i Gntnt AOMUM Ire Nat.

Cvdobi OkBUml u3 SSS ijjgs uas ssxsM i anrrn OM LM to VI to tol RECORD OP TRANSACTIONS. In tk staUuMcA ar 14 at wkkb i Is adaBy aot yeitNday. Maniac of UM BMH a loa wi tatnaD beads 4 special 1 bargain monita. pan. vUmjpand 1 I frwol stamp dnty barfalna with or I at an tt tinatut th pt rlooa day la Stack tt don 47 at Dep tt Schem JJt til HI.

arl KlBl rw Qih Ma. TIMU iW SLV ni Cbcro Kum tt mAnwATa4XDBtAXT.BaAXX 1 strt II. 4 4 lt 11 Ct. Vttta0 w- 4tt nii. 41 t.

l. iritlt i 1I4 It A. rut. Ittjilt Il ll II. 1 Wi liwli it it If 1.

iwi i. it It i MV 10 MM frMA-EMVtn. 14 i 1414 14 in Wt Ind hi ii KBRAU. poets OmwtO. X.

IS AND KTDtAS XA1LWATS. i btto II wiwATa JtnIII8 m. ri I 4M1. WH Onu4 TN Dr TiG Od. 114.

CM S. 4 COM. Db Il lit Sit 4 Oiuii ud 0 1 WT 41 tit Ul UltfUa mi-T. I ZLII20AD XII UD KHAKIS. UI.

xren11a i 4 i4lf hi. fit i Fit ka. ni. 711. afl it Ttfit on.

Cvi ffit io fw tmtu. iirUft 7 II j4rt4 4Jh4 I4 4 t. OatL 1 7 I As1EICJ1 XAILEOAO BO5T6 CUBXZSCT tid. Sant Roe. ML umi 10 TO RZIGN WLWAYL ia of Itad.

TM. imMMTlirt. S71tt Ildl 4H I Xrhi7l KSaVVK Wi MhtCMhttT 8iS4.4 i 7I jv4 LC DI ML rr OOMrAMB. Sic Do Atbtaa Hotk AfrtaM. tll iliniiiiiL 5 ff Comt Or 41.

V4akckrnLMu aH WA VI Boda. lmettt IbVff Il i4v vivw 4331 assvrs rttstswra 4V iHewaHtU tafW 1st ftM. mt IklMTBu PkMiH. I 159' rt i vi Tea. ATD XCBBEZ.

7 at tiara. Wt i- i i. 4 AM Cs 17' ft AmK MtTAAtrt 4U4t tkt u. SVl 31 4v ml Sss. i la lit Btpon SVf VI 1" Ckrrr Mud.

WI 47i III 40 4 Tt CkTta. Will VI lf rtkBaraM.iafn/ lf V7lt It10 It Tk IV ilia. Uku SMW 14 ktniu iBrffuri. ll flra a. iVlli 4 444lTtl M4nCn ft BoiMtn Ill V.

dXsMil Join Tat. u. TVI VNM 1 Vl SUPPLEMENTARY PRICES. In tb following are shown th piles. at which barium tranaartad yeserday in eurItlel included la th Supplementary or Beeuritiea tT 4 It IV 4 W- fill- VI 1 vit- etJIo C.

StrdMa ItTi 4 ii 11. ri 41 4y W- VUdOI. 444 I T. 1 4 U- VI L.7 4 atT WlV7 lVIV 3 Mb Vi V. KTnr rlM tn ATI AM OIPTIBCT.

MI. I ftt- Vl XAiLWATiL ruTDm CM. Xtrtk 11 4i Oi 4f 4 II Caio yf 5714 CWt. Al 1 TrfvYM BMM Mnka. On.

Mr 1. OulaaaSaaaakXMbiU ti WgMS SaJS WWW aSKS aW jsu MAVI I WM OMMD. Miaffvt vi rKlSi5 WiV 32VtlAt va wivniWi I II MM IA dU vivV3 tfii SS rtt mSRssi OrtSXS Uh grit SJ j. BM 111 W1a I 9 al IV4 VIYr SMMw. 167 771 I.

VI 119 ft 7t 17 I I Ml JT KnntiiWa. 44. 4- is AIIV4VI 4 KMOlTlHMt rnUiil Ht 7 lliiHt44 ilO' IW lt Fun. VI Vll Bot brr AJU. t7 V7IH IS V7 ma P4nk.

a. 5471 IV Htnlktla4l 4 Ut 4M VW a VI V- et4 lrlrs. 4 ttt L' Wl II V- tt ladlM fea IV- IT fin. 4" vt ji Wt IIlt Jtna. nwt rK vt i' JI OiokTrv V- KtUa ld del 4 Ill I.

VI IMM. I. Vt VT mI. CII. 41 71.

Dvpm 4Vl 1. 41 Owaot. Ml U. VI M. 5 Vll.

int 31 Sokor" Vllt Jtn. ii Ye1 rW 114 VIMHI. 77 Ttmrak uan 4 VU 4 avvio vi it lUI. viiV a7 V4 11 T- oii i ja 2) ivevm STOCK EXCHANGE QUOTATIONS. on.

vadenneationed aeeorHlea have bent o4 UM OOdiJ IJatt IM Vtta AIT 01. MM jJtgW Cr MrTaW. of tack. aatTSEliTi Cnmi Cm tirmj Sftje Sri CONSOLIDATED OP BALTIMORE ISSUE. I ehkran raeeived nom Ir.A.w GM B4 trie UPi.

and Powat paII1' 01 BaHlawr dated JBertember He state. Uiaith. kavS recnlns their seals out to bold. of September eowrtnr th Mra or 1:1.111. par of Common Mock.

Is aitltat3s ta pall or eve per eefiT noteasiTiiic tbrl Common sllarfhl4en only to sebsaib. before November 14 a MT. to silent tO Uc their rtttpecUThot5ns TRAFFIC RECEIPTS. I del IM MI fanatl VI 900 M7l TUJIWATS. dc.

fte MT 174166 kOMt t741M HMvlQO 41 ni. tf PARIS EXCHANGE TM tree tit the did peered ry was reported for October and ma mie. wee dor at 51 Th-eW taatera in the we. lan at aboot JTt. at rt la toable.

Bank rate lords co It way 4 per rent 4 per cent I UM depot ar 4 per neat. rfl roc loan per Cent. The prwrot pro. of War FjpeBditar redeemable. in two year.

at 100 II. Foamy ExcRAOTs foBowint rate of eschun yed4rday at abroad Ortobrt 1. lUlrtd I 271. 27t LJ tit. 65c lit I joir.

67 I 23B. 73 23 65C11J. 6t ft CVItUMJa. Stockholm Artaadtf. r4 pct Yet Moatnal Alr 90 yt MMtertdM Bio Jen 251.

50 2S 351' 17 14 6tr. 75 82 149V liiv. 7 tp4. itinititsst itsK Tla43 U4 2 4lt4V 2t. 4U 4t 76 77 it uv.

tar ore pb04 is Ute 417 na4U Un LII1t or Rt1oIU. kph a. Md a 4Ti1 sssjoaooof 200000 it 9590ooo BAxi or la Wd 4211 75579457 liZatOZ 000.61 445. 72757 A6 7itT5272 441U3 Bwta Nnolur Aamal. IVrj ales nritim 13037121 1343 84U 299.

4 4 Sit 4U9 vllj 5710000. aial Otter 566704 2445 Is Use Sana market U. irk Un a ain fad a iJjd. per ounce and I ladU Oiandl told BLI3734 a U. Xa tras at la.

Old- COMPANY RESULTS. CUM 4 wn IWtk tremiMdhtma 4 Id. rvthm. Hnuim Tmaw- ai 4 etaLiilialMtkOr lM tW rfiSKVi i SAN ANTONIO LAND 1 1 I I I I 1 I I I I 1 I I I I i i I I I 1 I I I ud 0 a TIILaW a U. 0arBAu4 osnox Wu be COO" 1adOG l1t We think been.

ba the feet bringing deei on the tioo pra ent issue porary ved ain the FYto I dea1i la ad bro tiona an nified ti JlUM an an eoillhaU ty Jor rtian lvwwIhnI holders a. and' adj under I. ma open mev tabJe con nues lb. JU jl natamal fn of. Ao pro I r30000p00 cr addi cxa i1 No between 7 kn 1edge 719 CO bieh were be of the DO ellt the the be 1ftICI Wormed Al.

their.w.m- a ez ea. aa4. oaI to. oa wpposl Ied at white fA toM q1a8. faf that Jwt oIders the of the M.

Iters. We confess what i- a IIi' nqGl CI JfV. lNiPKBNCB ofnJe8 olllL 1E11eat IAICI hi OBIf l. oh TheW I the Koada last Ii a. I.

War Loan Med4 at 141 Mrf7 Ire tM iia and at at ue 8uJ. st 1 lower. as Ftai. of DIoI a1I1tocb Raawa I LUr RaIlwa EM tl re to the mark I Tbe. the 01.

ODpottioG the sellers and to 1Inth 11. de J1ouru4HaH beJour 1altard llUIII. to2L the the mar as the ked I td. hIle Nlrnal. I the te4 171.

Id. rose' I. III" be aI1 431 et 601. ed. A tFIII ID Ilia- Rp MI so.

II' 2OT 41 falling 6 an T' Frida rat le H1L I 144014 601. IP. ttlr rstOe6. a. 1 I 71.

II DIP I. JUl. U141 le an An 111Ulla 16 110. oal IJmv iIS1fr. I In I a 1C11 zrna JH-8'r I.

71' leul 110 11" IM I 3. I' lien 1 I. 574 IIO au a 4. date In. I I a 14 In 91551 I I.

II ditto le I II ltoll 1n 11011100 11 14 IlUIa 1 n. It 101 I 101. 111. dIU. 1.51 1' IPnl I.

e. 1 la Trrdd orta IJ1t1. 411 81 e' to A If' tT I 1 1 Ira IJL If. tll 1C1ll rla" ft- 11Mi 1Icttu1i11l lIICI Malyll. It.

a' Jo I a- IIII II a.u- 110 1 1. IJ14II I 17 a. lUelofj TOo. OL. a.

d. Ball LOS r. rn: Weq4) I TJ I st. 11 IOoftU 1U tstri. date met.

tIIot noIll 1171 JIrIUIIIIPf4. I 4 1417 z.NorIIt- lOP. 110 a. 1. I I.

11' IPll a 111110 III. OO 111114'- I I. te reeds. 111 nl Tae It r. J.

JiAnw aft. LM 111 f14o Jln. ft Art tJa 11" IT Gft. 14 I. 714 dill.

I. DebJ I I GNr a ton. lJl IItnAlClO IJNrU tBa 10 Mr CItoIJrtlU II" I lit 1. sad I' dt14.tt I dUto I II MltI fort. UWI 1.

11e 11.1 York 111 1I1t I 0101. fl' elk Pad. II I' II" lV I tI Z7 11111I11. idle I I lrDIAIn toll 524. I.

Prtao Ural I. UlMII lOll. 0. 11IIn IIL 00. lml I to.

1 ZJawYL tIaI Oat I wa ftIT edr a I 10 It Tft I It ca. ir' I M6noaIe UWl 15 Ie u. I. i' I' I I I 11 01 4 1C1 ltOII IaN I I I Iua 1 fI1 tI a I ra 0. a.

La. an to tMa It 11 1" 1 au PM II 111- :1. 0. IlL In. an 4.

we oIaJ Ie. JOftU. On. P' des If I. a tII.

II a. Cr' I I 1 a. C1Me1 II a ca. a. -III' TOIl' 1JI.

a. 111. 1 II art th. Mack. 7.

a 9maU ft. 11. tamp sad I-a fzwol" betw tr-- the u8teek I U. tkbe M4 I. I.

Ie a. It a. I. :1 I il It It 4 It II a 1e 4 t. 4 1.

a a Ie 1 a. II II' 7- Ills I tttt a1. Try 0IIh n11 puN40 POAACONa a. MIL. 1141.

I I Ilt 4 elIn a' a 1st It Ie I I. lit. I n. Il1f A 1IIrl. I.

1ft. MI. ft. It. Ie 1 1t it III hr tart I itltat JIIA PM I' 141 III NI.

ltOTl7t a 111. rIJ2I1ot I I I 111' III IJD. a. QeI4 V. P.

X- tilt. 11' I I' II 101111. JIIr. as A. 1' ee as.

unTI aJnusT I 0- tot tltt fdl 1. No. I I. a. 11 lilt I' DILl Dr'- a.

ty. I. II tilt a I cP. II. I I.

I. I lGII. NW IJ a i2I4Js1 11151 1UIi Ia lit 1IIW OL 61110. no lI 0. IT 1.

IL 0Ia rllt 1. 0) no I I' aa1 tf0 lit I Y. Ito 11 wAYa-OUAIAnTzZD ASAIi1M JiW- no. 15 Jf' II. IIIi Bra I TI' uni SftZU III 01-- 14.

11. Ifll. 4 1 VA iff1Ith. 1" nt 1it1Io. ft.

I nta IS 111. a a to fIItt P. TI no. 2' a Ii 1W IQlL. Lea 144 1I ai JO Id z-l" De' nil UI.

lHa li1a IN I' I 4 0. III. 4'- a- llJon d. jet. 11 1' 79' Utau Dab.

II IMO. TO ati1I 79L I. 7J la. G. II MI.

Ll 014. 1t II. a. I 1- 1MA ill. 0 Dto 1 a I' Dell.

ITII 100 1I CTo 4. Inf flio TII. 114 5440 I' two II Is. nltt 11 10 nl. I- 411.

1- UI. IAa1lc III. 1117 LXZlC3N p' OJ. A I- ttII I1t 1' Ikk flit. 1C.

t7C1 a. Gt. It 1 tt 11' uI7I UTI 101. Pnf A UJcut JO JlDCT. Amos Y4 105 fJtUGK PM" w.

Jnt4. Do. eI. UIl UIll o. tot I 1 I' Ill' latae.

fI 3' tt JIeII. flu f. 7 II JL 1acL I. llaalia. 411 spy Po.

tad. Il1 4. lOt. lilt I' If 1. INIlI7a Jo 1.

IL. nI JLJroII aIQ aQio Mi I. I. fII1t a a. 4 au.

DIL41 InfLIl 14's 51" I. as. 111I tI. tAl. A oh II.

01. 1M 24 I. a. I toIt lie D. 0.

4' NlaI NI hail tJw JnItt 7 DC IoiS. Tla lie. pd III. fob. TI In.

W. U. DC Dee. III tat. tt ro1 ht I Ila 4.

III. 1. ra 1--- Go MI4. cll If' If If. 1 11 11 11 tot' Ie Mjl a.

JI. I tuna Ooaa4Iaaellfi.1t I u. I U. I.e. 11 11.

1L.t of te rur. 101. eI J. Ja 1 DC w. 14It tel wa1J1Ip.

Do. I. II' W. JI Deb. 1-- .1 to II' 4111 hit.

7477 Ir ill ft it' Yak. P. Wt" 01 fIt I' eI tI- AIIWC ifill 1 not17 IN. R4 tr. 119 no I' tt A II I1I 1n.

a. I 11Io61. PM- WI I 01 II 101-1 150 A 0. 11II 11. I -HI.

tJ. lilt. 1InIIt all. ii oil Wfltlllia WoaI l1t Ta e-a- UJI III :1 161. If.

I- HIt no tt1 II un. UJ1. 414 h. let. ns.

ft i IH iJIItt I' I DAJID oil a -Pt 110 t11 i tit lilt. I 11IU 1 riJlt" 111- tt 1. G. lJllllt oil GU IRh 4boIl if I Ma. Utjlt 1Ai1It tslIaa tlr ua at tIt.

tID II o. tv04 rri wit. Ie I I. It IfJI mat V- IIiIt I blflt aua 1- a. a yrtbrl.

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