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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (March 27, 1928)
EDFOKD MAIL'TRIBUK: The Weather Predict lou- probable rain, f lusiinuiii yesterday .t ST Minimum today .. . 37 Precipitation tttt Weather Year Ago Minimum ,)a6v Twenty-third Vcir Witekly Kifiyniktb r MEDFORD. ORWOX, TUESDAY, MAKCH -Jj, l'J-'S, No. "). M TodayfTORRENTS The Rights of Property A Dangerous Fever Mellon's Birthday The Big World on Cash By Arthur Brisbane Copyright, 1927, by New York Evening Journal, Ino.) Hy iirdiT of Fi-tlci-iil Jmltso , IIou;li, 2f)S Ohio familii's of strikinji coal minors will be evil-toil from tlioir miserable sliui-ks on May first. The weather should be fairly warm by then. The judjze in the ease did his duty, probably could not have ruf'-d otherwise. The houses ' belong to the mine owners, and it they want to fijht women iind children, as well as the working men, that is their right. Some of them, probably, will t:y to bell later, in ease the fun damentalists are right about future plans, but that will not help the miners' families. A hundred times, within three years, this column has warned the public against sclF intf stocks short, and against stoek ganiblinir. It has been shown that real values are not understood by many, nor do they understand the change in American conditions since the war. Iiillious in cash were poured into circulation. Wages were doubled. Men buy stocks, lux uries and speculate, with sur plus cash. ' The great 'buying power is iiv the millions of little peo pie, owners of what economists call the "social surplus." That surplus, amounting to at least ten billions a year, ten times one thousand million dollars, the people of all classes TAKE IX over and above what they need to live. They are invest ing each year ten new billions that thev did not have before KverY ' year it equals tllC amount we lent to Europe. Some Ot the billions go into! motors, new, hot toe liniivon vn din, talking machines, electric washers and sweepors, better living conditions of a hundred kinds. And some of it, very wisely, is invested jn good American securities, on a sound INVEST -MKNT BASIS, nut on a specu lative basis. HIT, lIEl7r?IS THE DAN GER constantly growing more acute. Millions have got the stoek gambling fever. And many that are counting "paper profits" wll be bankrupt, when the dust settles. -44 Scerctary Mellon, in honor of his birthday, took two working hours off, stopping work at 4. i instead of 0, p. in., accordin to the New York "Times." Of Mr. Mellon, past srvent v, , . ,,,, ' some uilmirer sny, hat n pity he is too old Tor the presi - tlelK-y." - , Why too old ? If he is young fiiiinyh to rim the finuneinl ar fiiVrs of this nation, he is not too old to he president. Are sound jlldmitent and long ex- peril-lire of no eonsetpirnrc ! Is there no difrg-en.ee in men's staying and thinking powers? The writer has seen Gladstone, nearly 8u, makinB his fight for home rule In the house of commons at 3 o'clock in the morning, full of fire and energy. Nobody suggest ed that he was too old to lead his party. Are we inferior In stamina to the Itiitlsh? Must 9? admit that American men fade away in their prime, like savage women, pre maturely married, old at 30? gh young gentleman bought for ImiI.i a stock exchange seat that hij father once bought for $5000. Continued on Pf Four. FOR SOUTH RECEDING '. I Flood In Central California Ruins Many Homes Train Schedules Ham peredPatrol Levees at Sacramento Slides Block Redwood Highway. SAX FRANCISCO, Mr. 27. &) The flood menace In ccntritl Cali-fui-nlu and western Nevada became somewhat less potent today as re ceding waters in many liver left vistas of wreckage and partly Inundated homes. A report that several persons in the north Sacramento district had not been accounted for started an investigation there. Ileno, which had been threat ened during the early morning hours bj a new rise in the Trukce river, upparenlly escaped further Inundation us the stream receded at that point and indications from up-stream indicated the crest of the high water had passed. SACRAMENTO, Oil., Mar. 27. (P) Slowly receding water in north Saernmento today disclosed a vista of ruined homes. The American river flood that rose to the eaves of many of the houses today lap ped at the doorsteps. Communication with the isolat ed community is still by boat altho the Southern Pacific company maintains a half . hourly service into the city. City and state authorities fed the hundreds of refugees this morning as men, women and children awoke In their temporary homes in theaters, lodge rooms and churches. Sacramento police are helping to keep order and members of the National (iuard are doing police duty. Everyone in ' the flooded area is being taken care of, ,Tho city of Sacramento htis-of-'fered to provide lor relief needs not otherwise met. Train schedules were hampered by the flood. Western l'acific trains ' were detourcd over South ern Tacit ic tracks because of washouts. The Southern Pacific company is running all trains on slow time. A constant patrol of levees sur rounding Sacramento is being I maintained. Several persons, still unuccount- led for yesterday were reported ,nlHHlm because of the general Suggelt, city marshal. Zachariah ' i'urke, 7, became exhausted and drowned while he was f lecinir from his flooded house. This CJisually. Suggett said today, was the only death or authentic in stnncc of a missing , per won that cume to his attention. At least 400 persons h-ft tjielr homes, driven by the water. At least 3i dwellings were flooded above the first floors, it was esti mated. KL'KHKA, Cal., Mar. L'7. (V) Streams running bank full, rail roads blocked by slides and auto mobile truffle on the highways do i. , , i ...... i,.. was the toll of the five day storm in this region. Traffic over the Northwestern Pacific railroad was at a standstill, due to slides in the j Kel river canyon. The train which left Sausalito Sunday night was held at Island mountain and that which left the bay city this morn ing was tied up at Willits. While the Redwood highway was not entirely blocked, slides during the day delayed traffic and night traffic was being discour aged. No serious damage to high way bridges was reported. REDDING, Cal.. Mar. 27. ylf) j The backbone of the uie Ktorm was I river here had dropped five feet. ; Conditions were reported improved. Trains were blocked north of here by an earth slide this morning 1 hc lebris covered the track a IS, northbound Cascade limited of the Southern Pacific, was stalled for fivo hours; No. 12. Shasta lim ited northbound, was delayed two hours: No. 11, Shasta limited, southbound, was held tip for four hours. Extra crews labored all morning Io - - at noon so the trains could pa.s. Six inches of snow fell at Cres cent lake and at Paunina on the Cascade route. HARSIIFIKLD. Ore.. Mar. 27. 'Pi 'l.ashed by a CO mile gale, four fishing boats were wrecked at Port Orford harbor. Two were sunk and two were wrecked on the beach. Tl-e storm which swept the coast yesterday was the worst of the winter. Telephone communica - tion to farm communities south of Port Or ford was destroyed by fall ing trees. Koads were blocked in places. MARSHKIKMj, Ure.. Var.. 27. j Marshfield gardenlnd fruit ! tres suffered oomdderaMe dam jnge from a hall storm last night, i the heaviest of the year. Stone .half an Inch In diameter fell here. .NYE Ml ! ON REPLY io sum Second Letter of Al Also Hushes Speech of Indi ana Senator Apology Is; Asked Governor Cites Record On Oil Scandal. NEW YORK. March 27. (Pj Governor Alfred E. Smith has written Chairman Ueruld V. Nye j of the senate Teapot ' Dome com- ; mitteo that a "letter of apology and not a tirade of abuse," is due! h.m tor the senator's statement j concerning campaign contribu- j tions to the governor from Harry i F. Sinclair.- The governor's letter was In' reply to one from Senator Nye f in which the latter charged iiim j with seeking to undermine public I confidence in the committee's nl-J vestigution. Senator Nye o r i g i n a I 1 y had : charged that Sinclair had con tributed liberally to the governor's : 1920 campaign and was in turn rewarded with an appointment to the state racing commission. The governor, lit a previous letter, had denied these charges as "dema gogic slander," and had accused Nye and Senator Arthur D. Rob inson, Hcpublican, Indiana, with being parties to a "Republican counsel of desperation," to help their party escape in some man ner the onus of the oil scandal. This letter brought the reply from Nye. The governor's second letter said Senator Nye had made a "lalse and unjust statement." It added: "You admitted you made it and publicly stated that I had demonstrated its falsity. The next step for you to have taken was a letter of apology and not a tirade of abuse." The governor seized upon the occasion to inform the conimlt tco ; chairman that his previous letter wis not the first.. time ho had condemned the oil scandals. "For your information," w roto the governor, "lot me say that I spoke frequently throughout New York state and elsewhere in con demnation of the oil scandals In the campaign of 1924. "Let me remind you that the chairmanship of a, senate com mittee exempts no man from the obligation not to make reckless and irresponsible statements. I yield to no man in my adniira tion for your committee's work counsel, Senator Walsh, or in de- sire to expose and punish all nnnptert with thn enrruntlon tin earthed by Investigation, your Teapot Uomo WASHINGTON, March 27. (D Chairman Nye of the senato oil committee withheld comment to day on the second letter concern ing" tho Teapot Dome controversy j written to him by Governor Smith I of New York, pending receipt of the communication. Senator Robinson of Indiana hns deferred completion of his senate Hpeech on the New York KOernr uini ma whuh- v m- ter unt return of Senator Walsh wh wcnt Micn'Ban M the funeral of Senator Ferris, TO BITTER END Ex-Governor In Speech Be fore Union County Grange Answers 0s West Hopes He Can Vote for Dry Democrat In Primary. I.A GRANDK. Ore., Mar. 27. At Former Governor Walter M. Pierce, sneaking before the Union County Pomona Grange, declared emphatically that he Is "first, last and all the time for Senator Walsh' candidacy for president, and I shull certainly cast my vote for. him if I have an opportunity to do so In the primaries." This was in the nature of a ! reply to a letter written by Oswald West, democratic national com mllteema nfor Oregon which ques tioned Pierce as to the truth of rumors that Al Smith's candidacy was finding favor in the eyes of the former governor. WASHINGTON, Mar. 21.fF The navy department today decid ed to ask for new bids for the con struction of two dirigibles. WEEP NG WALT IS FOR WALSH ,LINDYS NEW PLANE, OWN DESIGN, NEARS COMPLETION s . . , I v. F-WK1 lint V r . ' . .Civj KJ:t f!l " ' V yI-.. . .-...-' .lx..L' .V Colonel Charles Lindbergh is not only an expert pilot, but he's somewhat of a designer of pinnes ns well. He has designed one to take the place of his Spirit of St. Louis, rapidly nearing the end of its days of service, which is being built for the air hero nt San Diego, Cal. The new plane has many exclusive Lindbergh features. It's a five-passenger monoplane, carries magnesium flares for landing, and is equipped with brakes, an electric starter, a tail skid, blinds for the windows, deep-cushioned chairs, and wool protection against noise and cold. Lindbergh also has had installed a "flight indicator," an instru ment that tells him whether the. plane is flying horizontally, nose up, nose down and how many de grees, tn the photo, left above, the new motor for the plane is shown being installed. On the right is the instrument board. The center picture shows one of his new landing lights open for use, and below is the fuselaco under construction. The new plane can go 120 miles an hour. flAWI niCACTCD I IMIMDPU MDlAf QAI CM RADTIQT i iiiiui ii ill ii ii riui ii ii inn i in in .iui i im ii.iii i mm i in ni ill n i ki 11 ii ii iiiniiiiiii i n i 111 i n 11 u BLAME PLACED'PLAIN CITIZEN,1 WILLlFONtTJUMBERS UPON BUILDER WEARY OF MOB BE HOTAFFAIR Tragedy Due to Defective1 Foundation, Report of Governor's Probe Favor State Control of All Con struction Impounding Waters. KACItAM KNTO. Cal.. Mar. 27. (P( Responsibility for the collapse of the St. Francis dam near 1j"s Angeles on March 13 today was placed squarely with the builders of the structure by the governor's invest!- commission appointed to gate the disaster. The findings of the commission were embodied in the following three conclusions: 1 The failure of th dam was due to defective foundations. 2 There is nothing in the fail- 1,1 ,,Ui "mri' w . ure of the dam to Indicate that the Kvtr atm-e ht mcmur accepted theory of the gravity type! "e tnins-Attantic non-stop flight of dam is In error. 3The failure of the sli uctui e indicated the desirability of having all such structures erected and maintained under tho suoervislon and control of state authority. Hlaboratfng the statement em bodied In the second conclusion of the report, the commission assert ed that there is no question about the safety of concrete dams dr signed in a-cordance with the gravity theory when built upon even ordinary sound bedrock. Adding that the failure of tin dam suggested the desirability of having such structures under stai control the commissioners declared that police power nf the state should he extended to till struc tures impounding any considerable quantity of water. iAL.KM. 're.. Mar. 27. iA't I'epresentatlve W. t f lawb-y. for twenty years Oregon's first district fongressnuin. todtiy flbd with the secretary of ft a to bis candidacy for the republican nomination for O election. Me uses hi usual slo gan "No interests to serve but tho public interests." Other candldutes who filed to dtiy were; It. V. Swope of Independence, for rrfubllcan nomination for rep resentative in the legislature for po't d l lmoln counties. G. C. Johnson of Gold Ilench, for republican nomination for dis trict attorney for t'urry county. . W. i. Trill ot .Medfoid. for re- publican nomination for district attorney for Juvkaon county. T: fey 1 1 1 ySffis fa ft Idol of World Withdraws; From Public Eye, After Year of Acclaim To Fol low Own Hobby Goes to Boxing Bouts. WASHINGTON, Mar. 27. (fl) Acclaimed as no other individunl in tho history of tho nation, Colo nel Chiules A. Lindbergh ol'tlciitlly withdrew hluwelf from tho public focus today to follow' his long ch oris lied pursuit of u normal American citizen. Weary of the jostling and adinir- ',w masses, dccuiution ceremonies ana tne constant lormai atiairs in his honor, the youth who has doiiu more for aviation than any other man since the Wrights and Lang ley, contemplated the futiiru and ow best hu might acquit himself I H " ""ls ami irom .now i tint to 1 1 lil, ls. Undbergh had heen Icted j ! honored continuously In world, capitals, in the smaller cities of his native country and ill the halls of great executive, bodies until It ! seemed his tall hut (rail physique j must soon crack under, the strain. lint he stood It all, and today, 'after one of the busiest aerial acts of his sensational career, he un i pears In perfect health and only j "ants to be left alone to work out his own plans. 1 e can stand the crowds a little of evidence against I'ayne and to so long as they don't "pust mu j recommend that the Oregon llap aronnd." tist Ministers' association withhold The fly hi.-? colonel wound up his ' endorsement of Payne as a nilnls fllx diiy schedule (u aviation at the ter In good standing, local army station yesterday hy j taking aloft more than ZOO mem bers of the Washington diplomatic I corps and their friends, the ma- jority of whom represented Die Pan-American countries which i Lindbergh recently toured as a j good will ambassador. I Taken up in twenty-two groups, ! they brought the filer's tmal pas i sengers in six days to approxi mately n0 in all, 110 flights were I made, averaging fifteen minutes each at a speed of ninety miles an hour and covf -Jng 2-1 0t! miles, over Washington and nearby Virginia. In cor.trast to the high hats and spats with whom lie mingled all day. the "Lone Kaxle" spent 1b Is last evening in Iho public eye nt - tending a smoker lven hy the en- Unfed men at llolllfin field. There lie ate ham Handwlehe. cheered bnxlnif boulu and chatted with nn--chnnlcH who more than mice had Krnomcd hla plane for fllKhl, The liandHliaklnK over for the evening. I.tndheruh breathed a HlKh of relief and wan whlHUed nu-uv In bin lieniliiiiM rler. here n "private citizen" once more. A WAQriMiTON. Mar. 27. fT Withnul a record vote the hounc today iQ-ed the V.D.l no.000 naval Iupnly bill. Meeting Tonight Promises To Eclipse All Others for Fireworks R e p o rt on Pastor Threatened by Losing Faction, SAIJIM, Ore., Mar. 27. fl1) He ports were current In church cir cles here today that when tho Ibiplist congregation meets tonight for Its annual election of officers supporters of Uev. Robert L. I'ayne, supply pastor, will shake things up by defeating for e-nlee-tli'ti all those who aro opposed to Payne. It Is believed because of their majority, taut they will do this as easily as some weeks ago tney de clared vacant the chairmanship of the board of trustees, ousting Jl. S. (tile from office. K. A. Miller, W. R. Slady and J. II. "ooley are deacons whose terms expire tonight and Theodore Kalk, Fred Krlxon and Ihnll Roth are trustees who complete their terms. It Is predicted that Miller, Falk and Roth will not be re elected. The meeting tonight promises to eclipse In fireworks the former meeting. The Itaptlst council will attempt to get before the congre gation a report which was blocked at tho previous meeting, if again hlockcd the council threatens to release to the newspapers a mass Fruit Prices Today SAN FRANCISCO, March fPf (Federal Stale Market 27. Service,). A PPIjF.H California boxes. 1 llelous, $2. SO; winter bananas, fancy. $2.0i 2.2.".. Newtown Pippin. 4-tler. $2.00 fit 2.25; 44 -t I e r, $2.20f 2.50; poorer, low as $ 1 .00. Oregon and Washington Rome Iteaiittc. extra fancy. $2.7ti ff 3.2i; fan- y. f H 3.0". Newtown Pip pin, e xt ra f ncy, f 3.2'if 3.5': j fancy. 2.7S i 3.00; C grade, $2.00 i 2.2.1. Wlnesaps, extra fancy. ll.Sr, fii S.'iO; Arkanjci mack, ex tra rancy, $3.1 r, t 3.50; fancy, IS.tlKl 3.25. I'HAIIH Oregon D'AnJnu. 3.S0 fM.r.o box: winter Nell. $:.5K fit 4.0(1 box. ri'PIIAWUMUIMKH' 13 00W.1.25 crate; pooler, lower. O I KfillNr.. ore.. Mar. 27. I7IV- j The .tale rent'-d thl mornlni; In the ne of (-baric Murray, charg- ed with Involuntary nmnKlaiiKhler a a result of the death of William Martin In an automobile accident. E mm TO START DO BY NIGHTFALL ! German Plane and Flyers Ready for Atlantic Hop Secrecy Shrouds Plans Weather Unfavorable Over Course Reporters Win Point. It.M.DUNNKL AlItDIlOM. Dl'It UX, Mar. 27. iA) indirallons around the ltaldonnel airdrome early this afternoon were that the Oerninn trans -Atlantic plane Hre- men. which arrived hero yesterday from Tempelhoeffer field, might start before nightfall for New York on an attempted east to west pass age. The Hremen was still in her han ger, however, and the three Her man airmen, Huron von Huenfeld, Captain Hermann Koehl and Me chanic Arthur Splndler, remained in their room out of sight of news papermen. The weather report this after noon Indicated that flying condi tions for the moment were unfa vorable over part of the course, and it wuh said that If a start was made today it would not be until 4:30 p. rn. (1 1:30 a. m. astern standard time) or later. The air of complete secrecy which lias surrounded the flight ever since the German fliers took off from Tempelhoeffer field yes terday morning was relaxed at the ltaldonnel airdrome nt noon today. Newspapermen protested vigorous ly against the policy of excluding them at the flying field and the Free State army general headquar ters intervened. Heporters w then allowed in the enclosure froi.. which they previously had been ex cluded. Expert Perfecting Warning SystemDaily Broadcast Over KMED Fruit Men Are Getting Pots and Crews Ready, Complete arrangements for com batting frosts In the orchards arc being rushed, not only by Floyd Young, tho government expert In charge of issuing frost warn big In tho Ioguc Itlver valley, mt by the orchard Ists themselves In seeing that their smudge pots and fuel for them nre properly placed and that their smudging crews can bo hastily summoned when emerg ency warnings are slven. To perfect tho warning service, Mr. Young today urged that every orchii rd 1st who will smudgo this season, both old and new smudg ers, at once send his name, address1 and phone number to tho weather bureau headquarters In the Lib erty building, so that ho wlll'have a complete Hat to notify In case of a frost emergency. Mr. Young will glvo n dally frost warning at 7 p. m. to the Med for:! and Central-Point phone exchnngns, from whom the orchard 1st can learn the frost outlook at that hour, and he will also given nut by radio from KMED. the Mall Tribune-Virgin broadcasting station, his dally frost bulletin at 7:15 p. m. Then, if later on during the nlifht the sit ua tion change and emergency smudging 1 foreseen by him, he and his assistant will call up tho various smudging or chards by phone. Hence It Is sei-ii that his orchard phone list must bo absolutely cor- ireet In order that ecry orchard ran oe warned in sucn emergency. i $600,000 in Jewels j Stolen From Hotel Room of Countess MONTH CARLO, Mar. 27. lPl Counted de lletteneourt, a r.ra'lllan, wa robbed of Jew-4- el valued at 3.000.000 franc roughly Kuo.ooo) In a hotel here. -I The Jewel were In a atehel whih wn locked In a trunk. 4- Th'-y wero ntled Saturday nlghl. On Kundny the empty ttutchel wa found In a room nxt to that occupier! hy (he cou ute. Pollen are earchlhtf for a T ,, rT 1 n I W no UO.lipillllvu t shortly after the theft. 4 4 mm um rnuoi ii i in i in i IllaV I IV fill iON WALLS! 11 Sensational Reversal and Rally In Stock Prices Heavy Buying of Sinclair Oil Features Radio and General Motors Furnish Thrill. NEW YORK, Mar. 27. All trading records on the New York exchange were broken today In one of the most sensational re versals of price movement in Wall Street history. Prices crashed $5 to near $20 a Bhare tn the first half hour of trading and then ral lied In spectacular fashion, most of the early losses being subsequently reduced or wiped out and in many cases converted into material gains. Total sales were 4,763,400 shares, as compared with the pre vious record of 4-176,200 sjuares established yesterday. The recovery of prices broad ened considerably as the market 'entered the last hour. Kudio was ! hid on nn liii. a nw record and ! nearly $18 a share above the low price of tho day. hnormous buy ing of Sinclair Oil was associated with reports of an early change of control, and Corn Products, Public Service of New Jersey, St. Paul common and preXerred and Com mercial Solvents rose to new peak prices. When the final ;ong sounded, the recovery was still in process. Rn 1lo Increased Its record price to ;lt7.50, while General Motors and 1'iiked States Steel were among the issues participating in the spir ited rally. The ticker was well be hind at the close of the market. - Radio corporation provided tho greatest thrill of the day. Slump ing from $157.50 to $14ti.25 in the opening outburst of selling, the stock subsequently rallied to a new high level for nil time at $169.50. closing at $11(8.75 for a net gain of $12.50. . Goneral Motors, which hnd plunged from $196 to $180, snapped back to $!90.60, or $7.25 below yes terdny's final price. New York Contral climbed more than $5 a share to a new high rec ord at $179, ns rumors of higher dividends were circulated around the street. General Electric, which had opened with a block of 10,000 shares at $140.25 and then dipped below that level, pushed forward to another new high record nt A stupendous demand for Sin clair Oil, which advanced nearly $:t a shure to a new high record of $28.50, was accompanied by un confirmed reports of buying for control by Standard Oil interests, with the Atlantic Refining com pany prominently mentioned as the ultimate owner of the Sinclair properties. NF.W YORK. Mar. 27. (M A wide-open break In stock prices followed by partial recovery, today brought to a dramatic climax a apectaculur bull movement ot nearly four weeks duration. Ex treme declines ran five to nenrly twenty points, but half of these losses were made up In enrly afternoon recovery- So great was tho volume of trading that tho ticker fell 35 minutes behind tho "-ctual market before mld-sesslon with Indications by the end of tho third" hour that tho day's sales would exceed the record of 4,170, 200 share established yesterday. There was nothing In tho day s news to explain the sudden decline which was generally characterized as a natural sequel to the unbri dled speculation of the last few weeks. Stiffening money rates, threatened the continuance of an abundant supply of funds for securities may have been a con tributing factor. Bunkers had frowned on the recent antics of the market and their warning also may have had wide Influence. The closing was steady. A late bulge In Radio which carried It up to 164, a record price and nearly it point above the day' low. en couraged a resumption of buying for other stocks. Several well j known jH8ues reached new highs, ttw-liKlinip Hlnrlutr OH. Corn Pro duct, l'uljllc Hcrvlee uf New Jer sey, KI. Piiul common and pre ferred Hnil Commercial HolventH. Montgomery Ward, Case Thresh ing Machine und Gabriel Knuhbi-rn ! were three to five point above yenterday'8 close. Total Males cx-f-ffdnl J.uOO.uoo Hharei,. Very Unusual. l,OS ANflBI.KH. C, C. Julian believes that 1000 barrels ot whlakey have been consumed In hi home In tho hint four year. Ho no tentlfled when prOHeuutlnff an Inebriety charge agulimt his wife. SAN KltANCISCO, March 27. ipu-A freak hall atorm struck t ' m.m - M 4, nan r i nm io. u - - - day and lasted aooui uirw nn.i- 'utc. Hall atones are rare here. o 1