Omaha daily bee. (Omaha [Neb.]) 187?-1922, November 22, 1920, Image 7

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'THE-UEE: OMAHA, MONDAY, NOVEMBER iy0
Drummoiid May
Bring Pacific
. Champs Here
Commerce Coach After Came
With Oakland, Cal., Basket
Many Schedule :
THE GUMPS-
Drawn for The Bee by Sidney Smith.
LOOKING BACK
lose With
State Eleven:
take: a MoutH pvu. or -' s
I rvwvuv-.
WfT "fiKE THfc QVAWK
OV?T OT- VT- VOU CAH ItXL
Ball Team for Omaha,
HOW Ow W
II ... n.usrcoCifc.t'. N
. jsaamiw rirrrriiiiiT-rr n - r. i ,
v I 'pofff Vi, do's vtBn
By )RALPH WAGNER. .
If the plana of Coach Drummond
of Commerce High materialize, Onia
lia basket ball fans will be given an
opportunity next month to witness
one of the cleverest cage quintets of
Hie Pacific coast in action here. The
Commercial coach is trying to sched
ule a game with the ''Junior Gold,"
a team composed of players from the
Oakland, Technical university and
Fremont high schools of Oakland,
Cal.
i "Bob" Hager, former member .f
the Nebraska all-star basket ball
team for five years, and formerly
coach of the Lincoln high and phy
sical director of the Lincoln Y. M.
C. A., Is coach of the Oakland quin-
tot. f
ine junior ooias nave ottered to
play the Commerce Vrm mi Omaha,
Dec. 23, and the locaicoach is anx
ious to bring the Pacific coast basket
6hooters to this city on that date.
Last seasonV'The Junior Golds"
won 37 victories and have scored a
total of 2,000 points against their op
ponents. They have, held the-Pacific
A. A. U. championship for the
past tvo years. "
Among the members of the Oak
land team are D. Brobst and Percy
Gilbert, two of the best athletes on
the coast. The former is winner of
the' all-around athletic medal award
ed each year by the Harvard club
of the. Harvard Alumni, arid holder
of the shot-put record hi the 120
pound class. Gilbert won. the Dip-
sea Trail Marathon race iir 1918 and
was second in the Pacific Amateur
association bowling tourney held m
1919.
Harold Mulligan Will
Leave Central High. Y ..
The 1921 Central 1 High school
foot ball team will have a new1
coacn. Harom Mulligan, who has
coached the local school since 1915,
has finished his medical course at
the university and will enter his
profession in this city before next
grid season, according to an an
nouncement made yesterday. .
A succcessor has not been an
nounced by the athletic officials of
the school - Assistant Coach1 J.: G.
Schmidt, Charles Moriarity, a grad
uate of the classvof 1916. and Ted
F i napcial ;
Financial
By ALEXANDER DANA NOYESJ
t voicaga xrtDuno-umaaa nee unn wire.
v New York, Nov. 21. No doubt a
good part of the gloom with which
las,t week ended in Wall street arose
r j c .i . ai .
i i uiu litc vx iiiai uie-- luuiicy icii-
sionad shown distinct preliminary
signs of easier conditions, "but that
the stock; market, instead of greeting
v the indication by recovery in prices
had fallen into greater weakness and
disorder than in any previous week
of the autumn season,, rNot dnl did
the industrial stocks and i the active
commodities fall under urcent ores4!
sureof forctd 6ales' to the lowest
prices.-of the year, iut Wall street
- was favored with an unending series
rumors oi - nnanciat or com
mercial disaster, the names being
mentiontd ri whispers, after the
Wall street habit ,
nytm of money -stringency had
passed was quite unmistakable. It
was proved no only by the decline
in stock exchange money rates from
10 per cent to 6, for the firsi time
in four weeks,' but by the federal
reserve statements. ' ,
New Percentage Record.
The rwKn-ve ratio of the federal reservV
. tt m rooe to thR highest percentage since
July, while a further reduction in loans and
r.ole circulation last week brought the
two accounts respectively S1TT.000.008 and
J. S, 000.000 below the recent high points
of the season.
For the violent decline on the stock
ewhanre, which accompanied the slow
Yeltxatkm tn the money stringency, there
. were two reasons 4 he fact that such a
decline goes on of its own moment, so to
8Pak, even when the Immediate causes
are operating less urgently, but also ths
fect that the fall in prices had, of itself.
, uieated an increasingly difficult altnatlon
fir over-extended merchants, out-of-town
enhks and stock speculators, the shrinkage
, in those collateral compelled the cloilug
out of the loans at any sacrifice.
One highly Important 'moral from the
toast week's Incidents in financial and
Commercial markets has todo with the
policy of the federal resefve. A banker
i oould ut laet week to a convention of
manufacturers, as he could not have said
with their approval six months ago, that
The chief credit for the fact that we are
not now - in uw nuaii i- a serious panic
lies with the federal reserve system."
What this meant was that, if the leading
institutions had been left to, overload their
credit facilities by continuing loans on
the scale of to speculative capital
ism and merchants, the cord might easi
ly have snapped when the urgent autumn
demands began, aa It did in 197. -"
It would be rash to assume, however.
EXPORT OF THE
- AMERICAN
OF OMAHA, NEBRASKA. IN THE STATE OF NEBRASKA, AT THE CLOSE OF
BUSINESS NOVEMBER-IS. 1920.
RESOURCES.
Loans and diseounu
Overdrafts
Bonds, securities, judgments claims, etc.,
government , bonds ...................
Other assets s.
Bsnking house, furniture and fixtures
Other real eitate ........;...
Current expenses, taxes and interest paid
Due-from National and State 'banks ....
Cheeks and Hems of exchange ...
Currency
Silver, nickels, -and cents .............
Liberty Loan bonds held as cash reserve
Total
LIABILITIES.
Capital stock paid in ....
Surplus fund - w.'.
Undivided profits ......... I.
Individual deposits subject to check
?ime certificates of deposit
ertified checks f-
Cashier's checks outstanding
Dan to National and State banks .
Bills payable '
Depositor's guaranty fund
Total
Slate of Nebraska. County of Douglass, ss. '
I. D. C. Geiselntan, cashier of the above Banted bank, do hereby.swrar that the
above statement is a correct and true copy of the Report made to- the State Bureau
U Banking. . v ,D. O. GEISSLMAN.
. . ' - Attest:
i ' p. W." CEISELM AN, Director.
J v ' C. THEO. K&OGH. Director.
Subscribed sod wont to before me this
Final Standings of
"BiffTen" Grid Teams
Tm.
Ohio htnte
M'iMroniilii
Indiana . .
Illinois ...
W. U Prt.
.8 lttOM
..4 1 .RAO
,. S 1 .75(1
,. 4 .!;
,. S .K)
.. S 2 .5110
..3 8 .400
s4 .333
. 0 4 J .wn
...0 .000
MlrhlcuD
Northwrsteni , .
Dilntco , 1.
Purdu i.
Minnnwta .....
... , s
Riddell assistant coacfr at Creigh
ton. have been nyntioned as pos
sible candidates for the position.
Feature Edition of
Daily Nebraskan Nov. 3.
Preparations .are under way at
Lincoln for the 21 -page foot ball
edition of the Daily JCebraskan which
will make its campus bow Thanks
giving morning. ,
h feature of tht' University of Ne
braska publifatkni will be an article
called "The Relation of Nebraska
Fraternities to Foot Ball," by Jessie(
Watson. . , ' . ., .
Maroons 'Will Not Claim
Conference Grid Title. 1
The UnivcVsity of Omaha foot
ball ' team and Coach Adams' will
not lay claim tothe championship
of the Nebraska conference ; ac
cording to an announcement made
by the latter yesterday. ,
Reports have been published say
ing that the Maroons would claim
the title. This is denied by Coich
Adams. However, the local team
and In dugtrial yews
that every one has learned to recognize
the facta In the past few : weeks we
have had farmers associations putting
political pressure on the reserve board to
expand the credit fund for the sake of $3
wheat and 40 cent eetton; we have hd
angry denunciation of the board's "wreck
ing policy," uttered y public men; we
have even had suggestions from a mem
ber of the federal banking committee it
self, as to how the federal reserve sys
tem might,- without expressiy violating
the law, expand its loans by a further
huge amount and let. Its "reserve ratio"
tali below tne statutory limit.
Trade Review.
Certain changes for the bitter have ap
peared in business. . The Improvement Is
slight, and none at all Is visible tn various
quarters, but some of the Indications are
more favorable than in recent weks. Sen
timent among some Interests has strength
ened, even without appreciable gain in ac
tivity, and the encouraging features In the
outlook are berhg (her more freely
stressed. While Immediato commercial
revival Is not expected, sounder conditions
Is the future are foreshadowed, and a
;ong-range view of the situation gives rise
to confident hopes. With lower tempera
tures in most sections, demand lor season
able goods has moderately increased, and
offerings of merchandise at lower prices
seem to be meeting wlth a somewhat
broader response. At the beat, however,
the buying is still conservative and re
stricted, and curtailment of production
through lack of new orders has not yet
ceased. A resultant decline in employ
ment, with reduction of wages In some
industries, in turn tends to limit consump
tive purchasing, and preparations for the
coming hajlday trade are on a smaller
scale. The present hatting in business is
disappointing to those who -had looked
for a conttwuation of expanslorl at the
previous unprecedented Tte, but it is the
Inevitable outcome of Inflation and over
extension, and some eml'srrassment is not
unnaturally accompanytr.- the process bf
readjustment. Liquidation in commodi
ties and securities is aerving to lessen the
monetary stringency, yet this does not
mean that there has been any departure
from the prndent policy In banking circles,
or that credit restraints have been relaxed.
The attitude nearly everywhere is one of
dautton. but optimism regarding subsequent
progress alorg more wholesale lines Is
in many Quarters well defined.
Dry Goods Inquiry Broader.
Development of a somewhat broader
irqulry and aemana tor ary guuus ap
peared this week, thounh price conces
sions are still necessary to Btlmulate buy
ing. The reductions in retail channels
i,v, hamnw aaneral and very clearly de-
-ftfted. and consumers seem No be make.
Ins rather freer response to tne attractive
merchandise offerings. At the recent car
net Andirue auction, a good purchasing
power was manifested, and all supplies
were taken at better prices thas had been
expected. Prices on all stork goods have
been reduced by clothing manufacturers,
and, in several instances new and lower
pricks have been named for spring. It is
hoped that these revisions will Induce the
placing of orders by retailers, and thus
lead to more business for fabric mill
As IV is now. curtailment of textile pro
duction has gone to unusual lengtha, and
some' plants have closed for an indefinite
period. ' I
Cottoa Consumption Declines.
As was not unexpected, tKe October
cotton consumption statistics show more
elerly the effects of the leesened demand
for goods in distributing channels. With
curtailment of production at mill centers
increasing dally," lens than 400,006 bales
of raw cotton were consumed in this
CONDITION OF THE
STATE BANK
$l,0l,lo4.ei
20.S76.46
600.00
I.0I4.9S
10,000.00
14.6S0-.67
including; all
........
'. 23,409.64
i5.i77.sa
.. 38,450.09
.. 4.528.01
91.J65.05
Sl.229.2t0.74
y .
$ 2S0.000.00
-6,000.00
17,927.07
v
.t70.1S8.SS
82.4SS.7t)
' J24.91
2S.454.S7
90.217.tS
9K&19.S4
- 40.000.00
9.81J.83
tlJ2260.74
19th day of November; 1920.
Buckeye-fflinois Game Resulted
In Application of Two Rules . ,
Little Known to Grid Followers
Urbana, 111., Nov. 21. The Ohio
State-Illinois contest resulted in ap
plication of two, rules little known
to most followers of foot ball. One
is that when time is called after a
play has been started, the offensive
team must be allowed to complete
it. Inl.e final play the whistle blew
as Hoge Workman drew back his
arm to make a new pass which
scored the Ohio touchdown. AVhile
the allotted 15 minutes of the quar
ter ended with the whistle, Ohio vas
permitted to complete the play, kick
has won air its games against con
ference schools and as far as a cham
pionship is concerned, has as much
right to claim the title as the other
schools. .
Adams also denies reports published
recently that the University of Oma
ha officials canceled a game with
Grand Island reported as scheduled
for Thanksgiving Day.
' "We could not cancel a game with
Grand Island because we didn't have
a contest scheduled," said Coach
Adams. -
Laneshawbridge, England. Alex
ander Simpson, aged 73, has just
completed a 700-mile bicycle trip.
country ast month. .-Not only does this
mark the fourth consecutive monthly da
crease, hut the total Is the smallest re
ported for any month in a long period,
and contrasts sharply with the more than
656, 000 bales of October of last year. The
export showing, on the other hand, Is fa
vorable, October's shipments of 582,000
bales being the largest since those of last
March, and running some 230.000 bajes
beyond the outgo of October, 1919. I, ant
month's exports were considerably more
than double those Nif September of tbta
yeaYy and have only , been exceeded in
lS2by the shipments of January, Feb
ruary and March.
October Building Termite Smaller.
A decline In October building permits
Hoes not mark a new development; but
the decrease 40.9 por cent Is larger than
has been witnessed in recent months. As
reported by 90 centers, the October permits
Involved an estimated expenditure of $77,
150,401, as against JU1, 923,647 In that
period of last year, snd an adverse ex
hibit is made by nearly all of the coun
try's principal cities. For Greater Xew
York, the month's loss is 55.4 per cent,
while at points outside the metropolis the
aggregate falls 38.3 per cent, short of the
figures of October of 1919. Conspicuous
among the other centcra showing heavy
reductions are Chicago, Cleveland and
Detroit, and really sizable Increases ap
pear in only about half a dozen instances,
most of which are at cities of smaller
population. Although recent monthly
comparisons have been Unfavorable, how
ever, the combined value of the permits
issued thla ykar considerably exceeds that
of 1919 the
aln being 9.2 per cent.
Bradstreet's Food Index.
This week's Index number, based on the
prices per pound of 31 articles usedfor
fond, is S3 99, which compares with 14.03
last week and S5.05 for the week pitting
November 20, 1919. This week's number
shows a loss of 1 per cent from last week
"jd of Jl per cent from the like week of
Ut year. Of the 76 commodities quoted,
six advanced as compared with last
V
VAtWe'
Holyoka,Masa.
. NATIONAL
BLANK BOOIC
COMPANY
, PMmuwutm
loss of time,
&OLD BY STATIONERS Q?F1Cg SUPPLY COMPANIES
- y
Send for a free copy of "GOOD FORMS FOR RECORD MAKING"
showing hundreds of really ruled and printed forms for accounting.
The Steps to Saving
Burns, Brinker &
Beads and Stacks for Investment.
S. W. Corner 17th and Douglas.
Omaha. , , Dougv4895
VM i
the goal,, aud win the game in what
actually Was an extra period,
At another point Illinois rushed
the ball to Ohio's 1-yard line. On
the fourth down, Crangle crashed
into the line "a little high. He was
held motionless, standirig, and then
as the, players separated after the
whistle, he fell over the goal line for
what appeared to be a touchdown.
Theiiles provide, however , that,
when the ball ceases to be in motion
it is "down" andOhio was given lhe
ball on doyns on its 1-yard line.
Here 8 Scores of Past
Games Played Between
Locals and S. Dakota
Year
1BU
1913
1913
1914
1915
1916
1917-
1918
1919
1920
School Score
Crelghton S
Crelgliton 0
Creiirhton 0
Creightan 7
(j-flghton. 0
Creighton 29
Crelghton 0
Crtighton 1
Creighton IS .
Crelghton ? '
School Score
South' Dakota SI
South Dakota 68
. South Dakota IT
HoUth -fYkkota
South' Dakota
South Dakota IS
South Dakota -6
South Dakota 0
Sooth. Dakota 0
Sooth Dakota T
Total point 138
Total points 61
.of the Day
week, 33 declined and 37 remained un
changed -is follows: ,
Increased.
Wheat,-spring; barley,, short- ribs, but
ter, chacw and peas.
Increased.
nsMir, wheat, red:" corn, oats, hams, tal
lcv. sugar, raw; sugar, refined; coffee.
cotton-seed oil. tapioca, beeves, live; Juts,
live: sheep, live, Olto oil,1 hops. Pacific;
Tendnnsed milk, cotton, print goods, brawn
sheeting, wool, u.- aeiaine; wool, o. nait
biood; linseed oil, hay, pig Iron, basic;
rig iron. Bessemer: ear wheels, old Phila
dciphia; steel scrap. Fittsurgh; copper,
lead, antimony, spelter. -.
Investment
Is at weekly magazine. Tells
you just what you should know
bout high grade listed stock
and bonds, and how to make a
profit on them. Contains nothing
for the man or women who
wants to get rich quick, but is
worth much to those who want
to put their saving and invest
ing on a more profitable basis.
One investor, after comparing
the statements in "Investment
with Babson's and Poor's for
five months, says the service it
render usually costs from $100
to $120 per year. "Investment"
will be sent to you free if you aakf or it.
mm
WHlRE are lew first-das Stationers
who do not carry some National
Blank Books. A great many dealers
carry National products exclusively. You
are taking no chances when you buy
blank books from a dealer who features
Nationals, because back of his personal
reliability is the guarantee of the largest
blank book factory in the world- -
buying of Account BocJcs results hi
money and office efficiency. As Blank
oooas ere we cornerstones of ouatneaa, intelligent
care should be used in their selection. National
Blank Books are uniformly satisfactory.
A set ofDr.&Cr. Posting Slipt mailed
frea from the factory to occocntanfs.
M M
l !f fi
J0VN BROWN'S 1
J-jU I. BOW UESA A
llp ) we fio
T
RESULTS
SATURDAY'S RESULTS.
LOCAL.
Commerce, 41 1 Council Bluffs, 0.
STATE.
Nebraska. S5: Michigan Aggies, 7.
rem, 7; Wayne Normal, 0.
' HIGH SCHOOL.
Norfolk, S3; Nellgh, 0. .
Tierce, SI; Norfolk Seconds, .
Ord, 20; Loup City, 14.
Cedar Rapids. Ia., 1; Sioux City, 13.
Friend, XI; MrCook. .
Sidney, 14; Alliance, IS.
Glenwood, 21 f Essex, la., .
- WEST.""' .; "
Iowa, 14; Ames, 18. ' "T ,'
.Ohio, 7; Illinois. . v"
f WlxcoBsin, Sf Chicago, 0. . " ' '
Michigan, S; Minnesota. Of
Carleton, 17; McAlester, . )
Marquette, 10; North Dakota univer
sity, D. v
Morn In guide, 14; Drake, f.
Colorado Aggies, 7; VniverSlty of Colo-
radn. 7
I'nlversity of Wyoming, 0; Cnlversltj
or Ltan, o.
Baskell Indians, SS; Oklahoma Ag
gies, 7. . 1 .
I Oklahoma university, 7; Kansas Ag
1ea. 7.
I'nlverslty of Oregon, 0; Oregon g
rtrs, 7.
Idaho, SO; Montana, 7. ,
Gonxala, 47; Montana Mines, 7.
(.rlnnell. 17; Cornell College, C,
Stanford, 0; California, SS.
EAST. , !
Dartmouth, 14; Brown, 9.
Boston college, 13; Marietta, t.
Syracuse, 14; Colgate, 0.
' Fenn. 27 ; Colnmbia, 7.
Carnegie Tech., 6; Wash, and Jeff., 0.
Indiana, 10; Purdue, 7. ,
Amherst, 14; Williams, 7.
Mass. Aggies. 21: Tufts, .
Boly Cross, 32; New Hampshire State, 0.
Inion, 7; Hamilton,
i
Pick a Spur fcpm the new - ' - ' v . kV jf) Jy k fc i l.
vacuum-sealeatin. Note the v - tr ' XliSSai r-Fir V
- firm "feel" of it, 'get a uhijf , ' '
: : " ' ' ! ' '" S '
, v. - -
Annual Y Run Will
Be Held Thursday
Entry List for Cross-Country
to Close Wednesday Night
, Expect Close Race.'
That the annual Thanksgiving
day "V" cross-country run, to be
held Thanksgiving morning wilkbe
the greatest in the history of the as-,
sociation is assured, according to
N. J.J Weston, physical director.
A sufficient number of entries have
been received, to make. tne meet a
successful one,-but the committee
is confident that marly more will
come in, so they have decided to ex
tend the cjosinjr date for entries to
Wednesday.. - This will permit' the
late ones to enter.
Up to last night 14 runrters had
entered the contest, among them are
a number of local runners represent
inz the Omaha Y. M. C. A. .Tha
complete list follows: .
W. MX, Pratt, University of Nebraska
Medical College; Harry Kretsler . and
Edgar V. Allen and G. Slemmons, Ne
braska University, Medical College; Rex
Smith. Nickolaa Borne. John Krisch, John
Zozaya, Jesse Anderson, 1. Weiner and C.
T. Rosengren of the Omaha Y. M. C A.;
J. H. Nelson, unattached; E. Hoffman, un
attached and Harold Ring, unattached.
Although the Lincoln "Yf is hold
ing a cross-country run Thanks
giving . day, the following entries
were received last night from Lin
coln. These four men will represent
Jor Highest Possible polity
r
Switched"
. i . '
Statistics, of Garhe
-Between Cornhuskers
, And Michigan Aggies
Keb. A'lea
Yards gained from line of scrim
mage ....474 15"
First downs IS '
Punts 6
Average-distance of punts (yd.s) Si 56
Forward passes attempted 7 14
Forward passes completed,.... 3 4
Forward Pnssea incomplete 4 a
Forward passes rscomplete 4 S
Yards gained on passes , 44 ' 62
Penalties' S 5
Number yards lost on penalties. 60 45
the University of Nebraska. M, N.
Miller, C. A. Kettle, F.I. Ejieser and
L. Cane.
V
Alfred De Oro in
, ' Tie With John Daly
Chicago, Noj 21. Alfred dvJpA
of New York tied for first pUce
with John Daly, iQew York, in the
preliminaries for the national three
cushion billiard champion Saturday
when he defeated Jess Lean, Denver,
1 50 to 26. Charles Morin, Chicago,
defeated unanes Mccourt, Cleve
land, 50 to 37. '
SALESMAN
To sell popular priced auto
mobiles. Call Douglas 5239
between 5:30 and 7 o'clock
p. m.
at Lowtst Possible Price
exclaimed the chap who had just heard the
why and wherefore of Spur Cigarettes. It '
didn't take him long to say, "Switch me to
Spurs." "s -
Notice tEat good dd-timetobacco taste in
$Durs. Trace it. down and you. will find it
comei from the blend of choice Turlcish, fine .
Burley, and other home-grown tobaccos. . Rich'
refreshing right r
' Finger Spur. Its fat and full-rolled. Note
-the crimped seam- no paste there Its a new
vninkle in cigarette making and Spur owns
it all. You'll discover that crimping means
easier drawing, slower burnipg, better taste-
i
bpur,is a well-dressed cigarette the rich
looking, brown and silver package of twenty,
.with its threefold ..wrapping, Suggests good
taste as plain as day.' (
;r Ring out the old, ring in te new. Start
fresh with Spur. - '
. Lcccett & BIyebs Tobacco Co
Thanksgiving Will Usher Out
Most Successful Season in .
Annals of Spprt; Ne
braska to Play. ; A
x Thanksgiving day'i schedule of -foot
ball events .marks the official
closepf the most successful season
in the Bistory of the gridiron sport.
It has been a season of thrills; a
season that fias developed an unusu
ally large quota of brilliant per
formers on tne lime lines Snd a sea-,
son that has seen the biggsst ami
most enthusiastic crowds in foot bail
history. ,
Although there will be Important
grid games staged in all sections of
the United States Turkey day, the
center of interest in King Foot Ball's
last stand of the 1920 season in Ne
braska is hovering around the Nebraska-Washington
State game, to
be - played at - Lincoln, and the
Creighton-South Dakota university
battle, scheduled for the locals' field.
Another game of more than pass
ing interest is scheduled to be staged
at Cambridge, Neb;, between Com
merce High and Cambridge High
for the state high school champion
ship. Coach Drummond's player
have yet to suffer a defeat and will
!) J3AO MJIJOABJ S9)U03 JU.1
Cambridge warriors. - ,
; Central tackles St Joseph Hih
of St, Joseph, Mo., at Rourke park
in what is expected to be a hard
game. Coach Ernie Adams and his "
bunch of University of Omaha Ma
roons will ionrnev to Tarkio, Mo..
Wednesday to meet the Tarkio col
lege gridsters- the day following in
the feature event of the latter
school's Turkey Dy program.
South High clashes with West
Point, Neb., on the tatter's field in
the last game for both schools.
Give "Your Furnace
; A Treat
Buy Year-
C 0 A 0.
. This Tintsr From tit
UPDIKE LJMBER
& COAL CO.
Phone Welsnt 0300
v
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4.
I)
0
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N
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fcr..-t"fr