Morning Oregonian. (Portland, Or.) 1861-1937, April 01, 1910, Page 4, Image 4

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THE 3IOUXIXG- OREGOXIAX. FRIDAY, APRTL, 1, 1910.
STEAMSHIP POOLS
IY BE El
Government to Begin Suit, Al
leging Conspiracy to Re
strain Trade.
5 INDICTMENTS REPORTED
Immigrant Traffic and Freight Af
fectedAll Are 1 foreign Con-
cern American SIiij Un
derbid, Is Alleged.
WASHIN'GTON. March 31. Suit in
equity under the Sherman anti-trust
law is to be Instituted by the Depart
ment of Justice against what is known
as the European steamship pool on the
contention that it is an arrangement in
restraint of trade.
The fact that the vessels owned by
the steamship companies forming the
pool, or several of them, touch at
American ports is the basis for pro
ceeding's under the Sherman law.
All the steamship companies involved
in the proposed proceedings are for
eign concerns.
A Federal grand Jury investigation
at New York, it is said, developed that
the pooling arrangement embraced the
transportation of both freight and pas
sengers. On the American side of the
Atlantic It was charged that the agree
ment had its ramifications in rebating
by railroads.
Operations Are Widespread.
The investigation is said to have de
veloped a case embracing the whole
service of the immigration traffic from
every country in Europe. The opera
tions of tlie pool also, it was charged,
seriously interfered with the work of
Airier lean steamers lying at American
ports awaiting cargoes, the foreigners
underbidding them and getting the
traffic.
W hile the Government cannot bring
suit to dtMsolve a foreign corporation,
it may institute proceedings affecting
its operations a practiced on Amer
ican territory and can secure an in
junction to stop illegal acts.
When the Government first started
an inquiry last Autumn into charges of
violations of the Sherman law by the
pool the case Involved a few steamship
lines and railroad companies in the
United States having their Eastern
terminals in New York City.
Three Pools Disclosed.
As the Investigation progressed its
n ope broadened considerably, with the
result that the operations of three
great steamship pools are being looked
into. Five indictments were found, ac
cording to report, including the resi
dent officers of one of the lines under
Investigation.
The Government first heard of an al
leged agreement with the railroads in
this country to the West; the trade
was supposed to i be confined to salt
fish from the northern ports of Eu
rope. Later It was ascertained that
immigrants, as well as merchandise of
nearly all kind;, were .handled . the
same way.
JAPANESE MAY GO FREE
Punishment of Attempt to Bribe
Soldier Puzzles Officials.
WASHINGTON. March 31. The War
Department Is studying the Philippine
law to determine whether there is good
ground for trying to punish the two
Japanese who were arrested in Cavite
charged with attempting to bribe an
American soldier to supply them with
plans of the fortifications of Manila
harbor.
The officials have satisfied themselves
that the l-nitHi States law does not
cover the case, but they are by no means
sure that the Philippine law, which is
a composite of American law and th
ancient code, may not suffice.
General Duvall, commanding the Phil
ippine division, has made another re
port to the department regarding the
Incident, substantially on the lines of the
press dispatched, but it is still incon
clusive and he has been instructed to
obtain an opinion from the legal officers
of the Philippine government.
MAN SEES LEG CUT OFF
Patient Watches Own Operation, Ex
periencing No Pain.
FUTTi:, Mont., March 31. (Special.)
j Through the employment of stovaln.
which was injected into his spinal col
umn, Joseph Henworth, aged 72, miner,
watched lrs. Witherspoon and Kistler
at the Murray hospital last night am
putate his leg.
Henworth showed an utter lack of
emotion during the operation, experi
encing no pain whatever, and other
than a sickly smile at a joke or two
of the surgeons, gave no evidence that
3e appreciated the gravity of the sit
uation. Lry gangrene had set In, and because
of the advanced age of the patient, the
use of ordinary anesthetics was deemed
Inadvisable. According to the sur
geons, the operation was a complete
success. It is very likely Henworth
will have to submit to the amputation
vt his other leg for a similar affection.
BILL FALLS ON DEPUTY
Fiispct-ts Keleased, Have 'o Money
lo Pay for Feeding Horse.
VANCOCVKK. Wash.. March 31.
(Special.) Max Shankel and H. Gold
w ere arrested In Oregon today, charged
with stealing two sacks of oats in
'Washington Wednesday and later re
leased for lack of evidence.
The men had i horse which Deputy
Sheriff Walters placed in a. livery stable.
When the men were released they asked
Walters to pay for keeping the horse in
The barn and he refused. The men had
no money, so Walters finally guaranteed
the bill.
PUBLIC SENDS IN LINEN
'eeds of 1st. Vincent's. However, Not
Yet Supplied.
The pariah committees in charge of the
linen shower for St. Vincent's Hospital
report that donations, large and email,
are coming in with gratifying rapidity,
although much remains to be supplied
in linen, furnishings and money before
the alters have adequate equipment for
the new $250,000 annex.
The general public has been invited to
the tea arranged for April S, from 2 to 4.
Articles. oX linen roay be contribute
NJONED
ngly or in sets of the following dimen
sions: Sheets, 6 feet by 6 feet; pillow
slips, 43 inch goods, three feet including
hem; towels. 40 or 36 inches, no fringe;
bath towels, 40 inches; table napkins, 24
by 24 inches', or with colored border, 18
by 18 inches; bedspreads, feet by 6i
feet. Sheeting for surgical use 64 inches
wide. Contributions, large or email, of
money or furnishings, may be sent to
the following ladies:
Central committee Mrs. P. J. Cronin,
president; Miss E. V. Campion, secret ary;
Miss C re men. treasurer.
Cathedral parish Mrs. M. Zan, Mrs. John
Barrett, Mrs. F. J. A. Mayer. Mrs. W. A.
Elvira. Mrs. Macdonald, Mrs. Raleigh Scott,
Mrs. J. E. Cronan, Mrs. John Manning;. Mrs.
W. E.' Prudhomme. Mrs. Katharine Daly,
Mrs. T. J. Patterson. Mrs. p. H- Flynn. Miss
M. R. Burke, Miss Springer, Mrs. W. Jes
sop. St, Patrick's parish Mrs. W. J. Blake,
Mrs. E. R. Clay, Miss Sherlock. Mrs. Durkin
St Lawrence parish Mrs Frank Klernan.
Holy Cross parish Mrs. W. G. Steele,
Mrs. E. B. G an bee, Mrs. J. F. McCarthy.
St. Clement's parish Mrs. J. T. Murphy,
Mrs. Thomas Mahoney. Mis Anna Ryan.
Sacred Heart parish Mrs. E. Krelech.
Mrs. r. J. McGUL.
St. Stephen's parish Mrs. J. W. Kelly,
Mrs. N. J. Drew.
St. Andrew's parish Mrs. A. Kirk, Mrs.
Miller. Mrs. Kopart, Mrs. Howard.
Holy Cross parish Mrs. F. M. Barrett,
Mrs. Stapleton.
St. Joseph's - parish Mrs. Joseph Webber,
Mrs. SchwartEbeck, Mrs. Eder.
Holy Rosary parish Mrs. James Laid
law. Mrs. Sauvie, Mrs. John Maginnia, Mrs.
C. Maginnis. Mrs. J. A. Heughes.
Si. Francis' parish Mrs. T. J. McNamee,
Mrs. "Walter Slnnott, Mrs. E. S. Routledge,
Mrs. T. Clites.
Immaculate Heart parish Mrs. William
Bailey, Mrs. Thomas Shea, Mrs. Joseph
Noon an.
'GHANGEADOPfS REFORM
NEW '0"a STOCK MART PUTS
FOOT ON FIASCOS-
Resolutions Aim to Curb Speculation
By Employes and Force Bro
kers to Reform.
XEW YORK, March 31. Recent oc
currences on the New York Stock Ex
change, notably the collapse of the
Hocking pool, caused the governors to
adopt a number of new rules yesterday,
effective April 4.
The first sets forth: "Taking or car
rying of a speculative account or the
making of a speculative transaction, in
which a clerk of the exchange or a
member of the exchange or of a bank,
trust company, banker. Insurance com
pany or moneyed corporation is directly
or Indirectly interested, unless the writ
ten consent of the employer has been
obtained, shall be deemed an act detri
mental to the interest and welfare of the
exchange'
Another resolution is: "Every member
of the exchange Is required to use due
diligence . to learn the essential facts
relating to every account accepted by
himself or by his clerks or representa
tives and also relating to the possible
use of a name for the account other
than that of the party interested."
A third resolution sets forth the recog
nized quotations on stocks"shall be pub
lic bids and offers; on lots of 100 shares."
Buyers of stocks are compelled to buy
any or all of small lots offered at the
head of a bid for a larger lot, up to the
price offered for the larger lot. In other
words, the governors, decide to prevent
a broker purchasing a stated amount of
stock while smaller lota offered at a
lower figure are refused.
The so- oall ed specia 1 1st on the ex -change
is limited in his activities by an
other resolution and other safeguards
and reforms are inaugurated- The gen
eral belief is that the stock, exchange
is drawing a lesson from fiascos of late
and is "reforming."
GOMPERS GETS PROMISE
INDIANA GOVERNOR TO INVES
TIGATE "STEEL TRUST."
Prosecution Will Follow if Labor's
Charges Against Conduct of
Gary Plant Are Sustained.
INDIANAPOLIS. March 31. Ciovernor
Marshal -yesterday promised Samuel
Gompers, president of the American Fed
eration of Labor, that he would consider
carefully the evidence submitted that the
United States Steel Corporation was vi
olating the laws of Indiana, and, if he
found it sufficient, would direct a prose
cution of the company.
A brief will be filed with the Governor
by E. G. Ballard, of Gary, Ind., attor
ney for the union of Iron, Steel & Tin
workers, arguing that the steel company,
which has declared an "open shop," is
operating Its plants in Indiana in viola
tion of the laws governing corporations
and that it is an illegal "trust."
P. J. McArdle, National president of
the Iron, Steel & Tlnworkers Union, was
advised by the Governor to send to him
the union's attorney at Elwood, where,
Mr. McArdle declared, striking tlnwork
ers axe intimidated by strikebreakers
from other states upon whom police pow
er has been conferred by the local au
thorities at the solicitation of the "steel
trust."
VICTORIA PROBES GRAFT
Vice ami Water Works Vndor ln
quirj ly Royal Commission.
VICTORIA. B. C. March 31. (Spe
cial.) Judge Lampman as a royal com
missioner today opened a formal in
vestigation into police methods here,
which local newspapers have declared
to out-Tammany Tammany.
The women proprietors of numerous
tenderloin resorts testified that they
paid nothing directly for police protec
tion, but their rents ran from J200 to
$500 monthly for premises normally
worth less than $25. They are com
pelled to rent in certain localities,
where all the property-owners are Chi
nese, and it is alleged that these Chi
nese in reality represent the police
commissioners and officials who have
been reaping fortunes from the under
world. Stella Carroll, proprietress of the
largest resort in the quarter, declared
that Alice Seymour and Jennie Moreas
were permitted to remain undisturbed
in the residence section by paying for
the privilege.
The government tonight decided to
prder a royal commission also to in
quire into water works and municipal
affairs in general.
AUSTRIA TO CONTROL OIL
Industry Xow Vnable to Compete
With Standard Company.
LiOKDOX. March SI. A special dis
patch from Vienna says that the Aus
trian petroleum refineries and firms
selling petroleum In tank: cars will be
obliged henceforth to procure govern
ment licenses.
It is understood this Is a step in
the direction of establishing a monopoly
of the oil trade, as the Austrian pe
troleum industry is unable to compete
with, the Standard oil Company,
ANOTHER SENATOR
IS
Insurance Inquiry Throws
Light on Goodell's Action in
Forming Company.
M'CALL AND BUCKLEY IN IT
Charter Rushed Through Legisla
ture Giving1 Tnlimitetl Power and
Stock Subscribed by Lobby
ist, Judge, Senator.
NEW YORK. March .31. A new name
came into the fire insurance investiga
tion yesterday and another striking' exam
ple was developed of the speed with which
legislation went through the mills at Al
bany, when the wheels were well greased.
Superintendent Hotchkies gave out last
night the parentage and birth of the
American Bond & Mortgage Guarantee
Company, which later became the Inter
national Banking & Trust Company, on
100 shares of which (par value $15,000)
William H. Buckley, formerly legislative
agent "for fire Insurance companies at
Albany,, was able to borrow $13,000 from
the Paenix Fire Insurance Company of
Brooklyn.
The parent company, the American
Bond & Mortgage Company, was pro
moted by Stewart . Browne, a. private
banker of New York City, and was in
corporated in 1899 by five inconspicuous1
persons of whom little is known save
that one of them was a clerk in the
office of Edward McCall, brother of the
late president of the New York Life In
surance Company, and now a justice of
the Supreme Court. The five incorpora
tors were Daniel E. Lynch, Ensign
O'Beale. John Parrell, William S. Waddy
and John H. McCrahon.
Senator Sold Stock "Quick."
The bill of incorporation was introduced
Into the Legislature by Senator L. F.
Goodell, who represented Orange County
from 1S99 to 1906. The books of the com
pany showed Goodell received 100 shares
from Stewart Browne and they are re
corded as paid for In full.
Goodell - said over the telephone last
night:
I remember I bad 100 shares. I got
rid of them very quick."
He said he could not recall why be in
troduced the bill, nor did he remember
the charter.
"I suppose," he said, "that some of my
friends from New York or Port Jervis
must have asked me to."
The charter was an extraordinary doc
ument. It conferred on the company
power to do almost anything from con
ducting a pawnshop to establishing a
storage warehouse.
The bill was introduced by Goodell and
it went into the committee on rules;
stayed there one day, was reported out
favorably and advanced at a dizzy pace.
Its progress In the assembly was equally
rapid and smooth and in the closing da.ys
of the session the bill became a law.
McCall and Buckley Got Stock.
Goodell was not the only one to whom
shares were given. William H. Buck
ley was allotted 100 shares, as was Jus
tice McCall, then a practicing lawyer.
The company's books eiso show on May
15, 1899, McCall received $2000 and on
Jane 19, 1899, $13,000, for legal fees, xnak
ing a total of $15,000, equal to the .par
value .of bis 100 shares, which, accord
ing to the records, he paid for, as did
Buckley. Browne was positive tonight
the sums bad not been paid Justice Mc
Call after the company was incorporated
for legal services.
Any thought that the further course of
the investigation Is to be merely the
threshing out of old straw was dispelled
by the announcement from the office of
Superintendent Hotchkiss last night that
he has sent out a request to the presidents
of 40 odd American fire insurance com
panies and to the American managers of
foreign companies to produce ' records
that show in any way- what sums they
have paid to legislative agents and to
what agents these sums went.
OREGON DEAL CONFIRMED
Eastern Capitalists, Close to Hill,
Admit Land Purchase.
ST. PAl'Lii Minn.. March SI. President
YINOL CURES CHRONIC C0U6HS,
COLDS AND BRONCHITIS
After Other Remedies Fail
"I have been troubled with a chronic
cold and bronchitis for a long' time
and have tried many remedies without
finding relief. Through the kind sug
gestion of a friend I tried Vinol, and
after taking four bottles. am enHralir
cured." A. H. Wilde, 733-8th Avenue,
Minneapolis, Minn.
S. McDonald, 147 W. Congress
tat. . Paul, Minn., writes: "I con
tracted a severe cold last winter and
thought I would never ret riA if it T
tried Vinol as a last resort, and it has
completely cured me.
. Vinol combines two world-famed
tonics, the healing, medicinal proper
ties of cod liver oil and tonic iron, de
liciously palatable and agreeable to the
weakest stomach. For this reason,
Vinol is unexcelled as a strength
builder for old people, delicate chil
dren, weak and run-down persons, af
ter sickness and for Chronic Coughs.
Colds and Bronchitis.
W00DARD- CLARKE & CO.,
DRUGGISTS, PORTLASD.
FREE
UNDER
shadow
3 t-Jfc--srr
PRIZES. READ PAGE 11,
THIS PAPER.
I
A Great Special
Line for Young Men
Young Men and their clothes desires are
a particular hobby with us. We like the
young college and high school chaps .who
blow in here in their breezy way; who
want breezy styles and colors, ultra
fashions and extreme models, such as older
men sometimes laugh at. Let 'em laugh;
we'll put you young men in right; we've
got the clothes for it. High athletic should
ers, concave hips, long lapels and peg
trousers. Our new Hart Schaffner & Marx
dip front suit will please a lot of you. "We'll
show you some snappy overcoats, too.
20.00
Other Good Makes at $12.50 to $20.00
Saml
O. R. Robertson, of the Northwest Colo
nization Company, the only available offi
cial connected with the slant Central Ore
gon land deal, admits the purchase,- but
refuses Information regarding-' the Inten
tions or objects of the purchasers. He
said he had just returned from the West
and was going back immediately, but de
Great After-Easter
5000
Pieces New
Neckwear
Regular
50-Cent Values
Special
25 cts.
1500 Women's and Misses' Suits and One
Piece Dresses in a Most Sensational Sale
Some at Actually Half Price and at the Very Beginning
of the Spring Season
'Prices
$35.00 Tailored
Suits at $14.95
Plain and striped serges and mixtures; navy and Alice blue, tan, gray,
mode, reseda, black and white checks, etc,excellent semi-fitting models,
with shapely single-breasted coats, bringing out every graceful line of the
figure. Attractive Spring-like touches in the collars and C 1 A Q C
cuffs. Plaited skirts in smartest styles; vals. to $35, at 'P 4''"
1-Piece Cloth Dresses
$18.50 and $20.00 Styles $9.95
Fine all-wool serges in navy, green, wine, brown and black. Russian
blouse and straight-front effects. Misses' sizes, 14 to 18. Women's
sizes, 34 to 44. Actual values $15.00. One of the greatest CQ QC
values in sale at p!7.i70
$2.50 Waists Only 98c
Pure Linen Waists every thread some trimmed with lierre bands,
Cluny insertions and embroidered net medallions. Waists as beautiful
and fine as you have ever seen in all your experience at $2.50; a tre
mendous purchase, including all sizes from 34 to 44; on sale QO
Friday and Saturday at ZfOC
E $30.00
"Rosenblatt
Corner Third and Morrison Streets
nied the impending conference with Pres
ident Louis W. Hill, of the Great North
ern. J. "E. Burchard is president of the
Burchard-Hurlburt Investment Company,
and C. W. P. Iavidson is- a prominent
St. Paul financier, associated with the
Northwest Colonization Company. The
CORNER FIFTH AND ALDER
Unequalled
4--BIG VALUES-4
1
For After-Easter Buyers, Friday and Saturday
200 Trimmed and Dressy Street Hats, in all the late
shapes and trimmings. Best value in the city, special
200 Tailored and Dress Hats
For street and afternoon wear, in Milan, Chips and
Azure, artistically trimmed, special
100 Dress
In Milan, Leghorn, Tagal and hand-made Braid
Hats in all styles and colors, special values
A BIG ASSORTMENT OF STRICTLY DRESS AN EVEN
ING HATS, including many of our important mdels and
copies of our most expensive patterns; extra val
ues at....-...('..
i
- ' Cop,rltht Hart 5chffnc( & ,Ir,
Great Northern and Northern Pacific
Railroad authorities yesterday denied any
Interest in the purchase.
These investors ajid financiers have,
however, in the past been closely asso
ciated with the efforts of the Hill lines
to purchase rights of way for projected
railroads. .
Suit Sale
We Make a
Specialty of
Suits for Stout
Women, Odd
Sizes 37 to 51
Requiring No
Alterations.
4.44
6.44
and Tailored Hats
8.44
.$10i.44
7
' m Hit A
jt!! HI :
I
I (
1
SYNOPSIS OF THE ANNUAL STATEMENT
C)F, THE
National Fife Insurance Co.
of .Hartford, in
State of Connecticut
on the 31st day oi n..mhr- mmt mada to
the Insurance Co1Tnjlonpr f ,ha st.,a
ro
a I.
Amount of caDitq, Iillct ua..$ 1,000.000.00
Premiums recehve7irinK the
year in cashj
ktlltt-
5r60S,325.tl
336,082-US
Interest, dlvid
fend: - "U
xuLuiv ... ua. cuurcei re-
;ne year..
Total incom
. 0.OO3.846.U1
(Vrrmrn ts.
.Looses paid d
rini;ltne year. .$
d .irina tha
2,680.915.53
130,000.00
1,511.520.77
301.244.S3
432,202.53
Jjivlcentlii
yew on cat
ltal ..,-,,.1,
Commissions
durlnK the
nd 'ilaries paid
Taxes, license
AI "ie"s 'paid
yea
otr "expendi-
durlnK the
Amount of al
turtss .
Total expen
tUtu 4.65.83.0a
Assets.
Value of real
esate owned
501.U87.87
6.1)37,817.50
Value of
owned
Loans on mo
lateral, eu
Cash In bank
Premiums in
tion and In
602.6BS.0O
4Uti.ol7.ia
Interest and r
crued
Total asset
Less special
state iit an
Total assets
son , . . . .
9,076,207.25
Liabilities.
losses unpaid. $
Gross claims t
Amount of un
502,835.06
4.685,577.23
ned premiums
dine risks. . . .
on all outs
Due for com
keraxe
dslon and bro-
All other liabflttes., special re
serve fund fhr all conting
ent liability ,. 300,000.00
Total liabiaties ! 6.486.413.24
Total insurant; in! force De
cember SI. UK 1821,020,986.00
Huslnecs U Orrgon for the "Vear.
Total risks Written during
the year $ 4,432,802.00
Gross premiums received dur
ing the year
Premiums returned during the
year
Lustftis paid during the year. .
Losses incorreq during; the
year
Total amount of risks out
77,44451
23.2U5.3S
21.700.78
81,460.63
standing in Oregon Decem
ber 31. 1009, S 2.103,309 00
NATIONAL llRE INSURANCE CO- Or'
HAKIIOIU).
By JA.MEM NICHOLS, President.
Statutory resident general agent and at
torney for service. Altie W. Giesy.
SYNOPSIS OF tHS-ANNUAL STATEMENT
I ; OF
The Columbian National Life Insurance
: Company
of Boston. - In the State of Massachusetts,
on the 31st day of December. 1000, made to
the Insurance Co nmlssfoner of the State
of Oregon, pursuar t to law:
Capital.
Amount of capital paid up.... 1,000,000.00
j Income.
Premiums receive during the
year L $ 1,386,666.61
Interest, dividends and rents
received duritig the year . 208.162.61
Income from oilier sources, re
ceived during! tho year....... 6.360.47
Total Income f
. .$ 1,60), 189.62
i sDnrmmea ts.
Paid for losses, Endowments, an
nuities and surrender values. $
Dividends paid to ; policyholders
during the year J.
Dividends paid on capital stock
during the yeafr
4S6.941.96
70,000.00
Commissions. salaries and
agency expense I paid during
the year
Taxes, licenses and fees paid
aurin it trie year
Amount of all otfhar expend!
lure ........
151,767 06
Total expenditures $ 1.117,957.7'
Asset s.
Market value of; real estate
owned ....... .1
Market value of
stocks
and
$
bonds owned
2.7(13,751.00
-1,404. 8no.ou
554.801.0t)
211,837.70
155.34T.6i
65,0K5.2
Loans on mortgaf
fremium notes an
policy loans
Cash in banks and!
on hand ....
Net uncollected j
premiums ....
Other assets (net
nd deferred
Total assets ...I 9 S.205.76&.18
Less special depof its in any
state (if any there be) none
Total assets admitted in Ore
gon $ 6.205.T63.18
Liabilities.
Net reserve and unearned pre
mium J $ S.522.609.05
xotal policy clalims . lua,o44.b-J
All other :
itaoiiiqie
67 .4)32. sO
Surplus and ca
ital stock
1, 506,046.44
Total Mabillti
Total Insurance
cemter 31, It
Accident ant
mlum
f 5,205,764.18
n force De-
Hfe $37,330,342.70
wealth pre-
75.611.64
regoa for the Vear.
ten during
; Business iij
TotAl risks
the year, llf
Accident and h-
Grftss premiums
the year, life
Premiums retu.
Lessees paid du
Losses incurre1
h-::::::::::
-elved during
61S.JOO.00
4.738. 7
I during the
none
: th year.,
during tho
597.96
Tdta.1 amount o
k outstand
Jecembtr 31,
ing In Orego
liHJtf. lire
6O5.550.O0
tOLl'MB
NATIOXAI. T I -.-K-
lAM'E CO.
By V
K. BROWN. Scnt.ry.
t general agent jnd at-fa-ul
U. Sroai. p0 tland.
Statutory res
brney for rr
KB Ann hunilB.
t8f I n col
4 J on hand. .
-opTi of collec-
trnmisMiton $ 760,216.20
mi iiue iu)i ac-
n. y,328,707.23
its in any
re be 252,500.09
I ied in Ore-
t
i