davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
PRICES FALL TO
LOWEST IN STOCKS
European Sentiment Large
ly Governed Operations
on the Exchange

Aew York. November 23.-European
sentiment largely governed operations
on the stock exchange today. Rumors
of mobilization of troops by Austria
and Russia seemed TO overshadow re-
ports that peace negotiations between
Turkey and the Balkan allies were
being resumed. The market responded
the more readily TO this influence ow-
ing to the continued lack of develop
ments at home. Operations were held
in check, moreover. by the fact that
at the opening of next week VIII be
announced the award in the arbitra-
ton of the eastern locomotive engl-
neers' dispute. Absence of a large num-
Der OF traders who had gone to New
Haven to attend the football game was
another factor which decreased spec
ulative activity and the action of the
market gave evidence of the circum-
scribed character OF the professional
dealings.
Responding to the lower level of
Americans in London prices eased on
at the opening although only a few
issues declined as much as a point.
Stocks with international markets
were the most prominent in the early
trading. Before the end of the first
hour the market recovered but toward
Tie close pressure was renewed and
prices fell to the lowest.
Coppers had been heavy throughout
the day and in the late trading Union
Pacific and Reading lost a point.
The bank statement showed in the
actual table a cash loss of s2,75o, 600,
which was somewhat larger than had
been indicated by known movements Of
currency.
Bonds were irregular with an easier
trend Total sales, par value, 100000.
United States IS declined Il on call
on the week.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
New York Cotton Futures
Port Cotton Movement

Galveston: Firm. middling, II &c: net
receipts, 27,S56; gross receipts, 27S56;
sales, 1857; stock, 460.291; France, 1895
coastwise. $500.
New Orleans: Firm; middling, 123sc G.;
net receipts, 1884; gross receipts. H.
SS4; sales, 1900; stock, 237494; Great
Britain. 100; continent, 5000.
Mobile: Net receipts, 1895; gross re-
cepits, 1907; stock. 41.217; Great Bri-
tain, 1880 France, 3261; coastwise. 1907.
Savannah Steady. middling, 12a4c;
net receipts, 1925 gross receipts. 769S;
sales, 1883 stock, 214,6s5: continent,
706; coastwise, 972.
Charleston; Steady middling, 12.3Sc.
net receipts, 1885; gross receipts, 1885;
stock, 596S9
Wilmington: Steady; mlddllng. = c;
net receipts. 3169 gross receipts, 3169;
sales. %. stock 15.167 coastwise, 500,
Norfolk: Firm: middling, 12&e; net
| receipts, 1851; gross receipts, 315t;
sales. 2070; stock, 1909; coastwise,
1890.
Baltimore Nominal. middling 12,5Sc;
stock, 11,4SS.
New York: Steady; middlinF, 12.soc;
net receipts. rs gross receipts. 1863;
stock, 107 607: coastwise, 2933,
Boston: Steady: middlng 12S0e: net
receipts. 1872; gross receipts, 2217i
1 stock. 6d21.
/ EAilHuelpHld sslEduNF IlluuiilS
1866; gross receipts. 90 stock, 261O
| Brunswick Stock. 1890.
| jacksonville: Net receipts. 1925;
gross receipts. 1925; stock, 1850 coast
wise, 93T
| Texas City: Net receipts. 1861 gross
receipts. 1864; stock. 5s.d1s; Great Bri-
tain, 11.241
Arkansas Pass: Stock, 4317.
| Totals today at all ports: Net, &C, =
| TAG; Great Britain, 1856; France. 1O,-
S56 continent. 1886: stock. 1872, 722.
Consolidated at all ports; Net IS. 46;
| Great Britain. 1866; France, 1856;
continent, 5706.
Total since September ] at all ports:
Net 5,031,771. Great Britain, 1,5S5.2
continent, 1,322,357, Japan 596.644.
Mexico, 500.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Hubbard Bros. & Co.'s Letter

New York. November 23.(Special)--
our market today showed unexpected and
remarkable strength in face OF advices
from Liverpool, which were not better
than expected. In fact, the market to-
day displayed more aggressive strength
than at any tiue during the week. Yes
terday it absorbed a very heavy liqui-
dation so that today there was not the
same volume OF profit taking as has
marked the transactions during the last
few days.
The advices from Bombay yesterday of
the decline in the condition of the East
Indian crop, as a result OF heavy rains,
is factor which has stimulated this
last advance Besides this, the large ar
bitrage short interest here for Euro
pean arbitrarge traders carried this mar
lSet below a parity with the south. which
threatens TO create an unpleasant situa-
ton.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
New Orleans Cotton Market

Now Orleans November 23.-Cotton fu-
lures opened steady at advance of 4
10 10 points in sympathy with the adj
vance In the New Torl, market today.
Cables we're no better than due. The
weather map was very favorable and
more fair weather WAS promised over
Sunday. THESE two features discouraged
fresh long buying, but nervous shorts
bought covers freely and helped put
prices up on themselves At the end Of
the first half hour Of bushes prices were
q TO II points above Fridays last prices
Long buying entered the market toward
the middle of the morning, tempted by
bullsn brokers. by large mill takings
this week and other contributing fartors
IL was said. Some gossip was 10 the effect
that leading bulls were buying back cot
ton they sold yesterday. Buying con-
tinued until late in the morning. Tho
market developed decided strength. easily
absorbing profit taking sales from longs
who were sal isiied.
At the highest the trading months were
is TO ~ points over Fridays last prices.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Interior Cotton Movement

Houston: Steady: middling l2l4c; net re-
ceipts. 30S17: gross receipts, 30SlI. ship
ments, 30.051, sales, 1895: stock, 1i6,79l.
Augusta: Steady; midding 12&4c; net re-
ceipts, 23l5; gross receipts. 1858: ship
ments, 2o37; sales, 1888; stock, S9,0s5.
Memphis: Steady; middling, 13lsc: net
receipts. $3.50; gross receipts 1868; ship
ments 1898 sales. $500; stock, l,lss.
ST Louis: Steady middlng. he; net re-
ceipts. 3s9; gross receipts. $685.; shipments,
1893: Gales. 1856; stock 12.eO3
Cincinnati: Net receipts, 1852; gross re-
ceipts, 1862; shipments. $50; sales. 400;
stock. 1l.374.
Little Rock: Firm; middling, 12s4e, net
receipts. 1865; gross receipts, 1851, ship
ments, 224a; stock, 1853.
Total today: Net receipts, l2.463; isross
receipts. 51,356; shipments, 47fii, sales,
1883; stock, 4i4.275.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24

mddling. 69Sd; low middling, 6.sod; good
ordinary, 6.35d; ordinary. 5.S6d. The sales
of the day were 1000 bales, of which SEQ
were for speculation and export and in
cluded POO American. Receipts, 1900
bales, including 1860 American. Futures
opened firm and closed quiet. November,
esd ACKNOWLEDGEMENTS, sid; Decem-
ber-January 669d. January-February,
667d; February March. 66jiad; March
April G. 6id April-Ma 6.6Stad: May June,
G. Esd; June-July. 662d; July-August, 6.60d;
st-September, 650lkd; September-Oc-
tober. 6.32d; October November, sgd;
January February, 6.25d.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Fruits and Produce

APPLES, fancy winesap,tsA75Q5 per Dbl,
York and Imperial apples, sS25Q3.50 Dbl,
bulk apples, s225n2.50 per Dbl. FLORIDA
oranges, 81 Is per box; California lemons,
1915 per box; grape fruit, $3.25 per box
tangerines, $3.50 per box Concord grapes,
lie per ponud; California emperor,
grapes, $50 per boz; Malaga grapes. IN
kegs, S5.5OMl. Cranberries, $3.50 per box
Der barrel, 50 Italian chestnuts, l0c Der
pouna Lines, 81 per hundred. Irish no.
tatoes, sOus5c blu. Onions, red globe. IL =
per 10. Danish cabbage, NC per ~
California celery, S5c per dozen, IS per
crate. Rutabagas, llsc per pound.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
The Right WAY

From the Popular Magazine
J. Van Vechten Olcott of New York
tells the story Of how Rufus Choato
got from witness the finest dehnl-
ton ever heard OF absent mindedness
What do you think Is absent-mind-
edness2" asked choate. who was put
ting the witness through a hot cross
examination
Well" replied the witness in a
SLOW. deliberate lone. "if man who
thought he had left his watch at home.
took 1t out of his pocket to see Il he
had time to go back and get It,
would call him leetle absent minded"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24

Cash quotations were as 1olloWsi
F'lour-Quiet: winter patents, $.S0a4S5;
spring patents. sS.9OG4.os; straights, A.2Oa
$50; bakers. S3.90a40o.
Rye-No ., $S.5Oa3.70.
Barley-f'eed or mixing. 45Q50c; fair to
choice mailing, 56q7oe.
Timothy Seed-s313.75.
Glover Seed-S13617.50.
Mess PorlS-$1 50GD17.75.
Iard-In tierces, 81. 20dle.25
Short Ribs-Loose, $10.3715lIll
Butter-Steady; creameries, 2smS4lsc;
diaries, 266l3lc.
Eggs-Steady; receipts, 2lo9 cases; at
mark, cases included, 22q25c; ordinary
firsts, 24c, nrsts, &c.
Cheese-Weak; Daisies, 16i4416lsc;
Twins 15Am16c; Young Americas. 16A@
16lkc: Long Horns, 16i4d16lac-
Potatoes-steady: receipts 45 cars,
Michigan, 5sc; Minnesota, SIC; Wiseon-
sin. SIC.
Poultry-Aliye steady; turkeys. lie;
l.chickens. Zoe; springs, 1o1so.
Neal-E'irm, 9M1Ac.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Flour and Foodstuffs

Self raisirg .ioar, ~; tennessee flour.
$50, Indiana -four. $40; Oklahoma flour
S. Is; Michigan flour. ,6.G5: bolted meal
per SO lbs. $l.s5; No corn. per buaheI
7sc; pure wheat shorts, ss3: pure
wheat bran. s2S; {. S. hulls. per ton. siO.
prime [. s. meal, per ton, SIS: c, fees
meal. per ton, $40. Mo- timothy nav. nsr
Ton, ST. mixed alfalfa and Johnson
grass. per ton. 500; corn chops, per in1
lb. sack, sl.G5; alfalfa hay. per ton sas
j johnson grass. per ton, SIS; mixed feed
per ton, Ssi437. oats. sSc bushel.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Chinese Cling to Local Gods

IUIU IHt CIIIIdsO lNCWs.
Pekin, China.-Gov. Hob Wen Hui OF
Kiangsi province, desiring to root out
superstition. recently destroyed a num-
Der of temples and monasteries. The
populace in Nanchangfu. displeased with
the destruction of the places where they
worshipped their local deities have as
sumed a threatening attitude and are de-
handing that the governor rebuild the
temples.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Cotton Seed Oil

New York. November 2s-Cotton
seed oil was quiet but after showing
steady feeling at the start owing TO
the frmness in crude oil and cotton
nrices for the late positions eased OF
a little under profit taking, closing
point higher to 4 lower. Prime crude
5.14M 5.20c: prime summer yellow, spot
s.19@ 6.35c; November, 6.3oc; Decem-
her. 6.19c; January, 6.23c; February
e.25c: March, 6.S2c; April, 6.34c May,
Gaze; prime winter yellow, sou q &C.
prime SUMMER white, $500 .'oc; sales,
II con
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24

O00 the belief is prevalent that shipments
TO New York will not be heavy, and that
London will see the end of4he year With
out a higher bank rate.
The, Balkan situation continues the
chief influence of the stock market, which,
after a generally steady week, closed IT.
regular and uncertain. The relaxation of
the Austro- Servian tension In the middle
of the week and negotiations for an armis-
tice, created a better feeling both here
and on the continent. and induced more
confident buying, which carried last
weeks rise sim further. Home rails were
prominent in the upward movement, but
the resumption of hostilities, together with
revived uneasiness due TO the modifying
of the armies Of Austria and Russia,
caused general selling for profits, and
most of the earlier Improvement disap-
peared
American securities started steady at a
higher range of prices, but finally settled
down in sympathy with the uncertain
course of Wall street, and final quotations
again were fractionaIly lower on the
week.
Loan reduction continues to be q Ca
ture of the weekly statement of the
New York clearing house banks. The
decrease in this item for the past week.
taking the statement OF actual condi-
ton as a basis was 1927, 900 which
brings the total contraction since the
first of September close to $l50OO0,o00 II
had been anticipated that that banks
would make a better showing in the item
of cash than during the previous week,
but Saturdays statement indicated a
decrease of s2.749000 in specie and le4
gals. Deposits. owing to the reduction
in cash, fell off $5.6s2.Ooo and this. by
lessening reserve requirements, partially
counteracted the cash loss. The decrease
in excess reserve was $50. 100, surplus
above the % per cent minimum standing
on Saturday at s6.765. 100. The report fig
ured on the system of dafly averages
showed decreases in loans and dposits
with an apparent small loss in cash, and
the surplus reserve based ON the system
of averages calculation stand at 81, 500, 400.
The statement of trust companies in
greater New York made independently
of the clearing house report, revealed
somewhat larger changes b1an usual the
decrease of loans having been SG0l2 $50
and the decrease i'm deposits IS. 1855 600
With gold imports an early probability. 1t
is quite likely that the position of the
New York banks will be materially
strengthened during the next few weeks
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Glasgow Owns Grounds for Sports

Glasgow is foremost among British
municipalities in the promotion OF
sport. II provides golf links and foot
ball pitches. as well as bowling greens.
The corporation has at present three
golf links and is considering the laying
out of g fourth. There are 81 lowing
greens and 50 football pitches The
Giaswegians take full advantage of
these provisions. the annual number OF
golfers being 125,0o0 and that of bowl
ers nearly 100000. while 1900 games
Of football were played last season.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
WE BUY
HUBBARD BROS. g. co.

Cotton Merchants. Hvnoyer Square. N.
change, New Orleans Cotton Exchange
New York Produce Exchange. Asso-
ciate Members Liverpool Cotton Asso-
CATION orders solicited for the pur-
chase and sale of Cotton and Cotton
Seed Oil for future delivery Special
attention and liberal terms given for
consigrments of spot cotton for de-
livery. Correspondence invited.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Dry Goods

New York, November 23.-The cotton
goods markets ruled strong. Wide
aheetings have been advanced rs cents
a yard for wamsuttas. Yarns were very
firm and active. Linens ruled firm and
are being sold we'll In underwear and
hosiery fall trade is starting in very
wen and most OF the 1913 lines will be
out by December l.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Kansas CITY Grain

Kansas city November 23.-Cash
wheat, No hard, so@ S6iac. No. 3,
79@S1c; No . red, e6iS s1.o0; No. 3.
90@971kc. Corn, No. . mixed, IS u O. 44c;
No. 3, 42c; No. white. As % Acc; No 3
44c. oats, No white, 33@S3hc; Nc.
mixed, 3214 @329te.
Close: Wheat December. 7S7sc; May,
S5c: July. s1% &S17sc. Corn. December
477sc; May, 45h @45ase: July, lea a
44Ac. oats. December 80 ze; May, 90 Is
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Review of London Stocks

London. November 23.-The engagement
of gold Thursday for shipments to New
York created temporary uneasiness in
Lombard street until ii was recognized
as special transaction and did not fore
shadow large demand. The rise In ex-
change rates since. then has dispersed
earlier fears, and although there may
be demand for part of the gold arriv-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
st. Louis Produce

ST., Louis, November 23.-Flour dull.
Hay firm: timothy, s12d17.5o: prairie, 81
g15.50. Whisky, slio. Iron cotton ties,
DC Bagging, 10 S-l6c; hem ptwine, Sc.
Pork unchanged; jobbing, 1850. Lard un-
changed, prime steam. s1o.72m10S2 Dry
salt meats higher; boxed extra shorts.
11s.c; clear ribs. 11sic: short clears. 12lkc.
Bacon higher: boxed extra shorts. 1224e
clear ribs. 12s4c; short clears. 13Mc. Re
ceipts Flour. 1000: wheat, 5000; corn,
1000; oats. 1900. Shipments: Flour, 49,.
600 wheat, $1,000: corn, 1000; oats, 5000
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Bonds
New York Money

New York, November 2s.-Money on
call nominal; time loans firm. 90 day
bills. per cent; 30 days, So percent;
six months, 5z@5ia per cent. Prime mer-
camille paper, per cent Sterling ex-
change firm, with actual business in
bankers bills, 81. sc. so for 60 day bills and
at s4.S5 for demand. Commercial bills,
S4.s0st. Bar silver, CSC. Mexican dollars,
4ss4c. Government bonds firm. Railroad
bonds firm.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
ST. Louis Grain

st. Louis. November 2s.--Cash wheat,
No. red. s1O01a a1.03ls No. q hard.
SIS u a 90c. Corn, No. ,. 46Q4e1hc; No. :
white, 451sc. oats, 32ls q 33c. No. .
white, 80 4 934c.
Close: Wheat December. S6bsc; May
81 y 491ssc. Corn, December, 47Rc:
May, 46Ac. oats, December, 81 sc;
May, 32bsc
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Montgomery Market

Montgomery. November 2s--tSpl
QUALIFICATION was quoted in the Mon
somery market today as follow
Strict middling. 1e5sc; middling. l3ht
strict low middling l2kc
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Naval Stores

Savannah, Ca, November 2S.-Turpen-
tine steady at 35lkc; sales, 1H; receipts
~; shipments Il domestic; stocks, so,Sos
Rosin Arm. sales. 1855; receipts, Si4o;
shipments, IA: domestic stocks, 1871
Quote: A. B. B, d. $3.50; e, $3.50; e,
$500; G. $685.: II, s6.o21s; 7, se.o5; X, $3.50;
NJ, 81; n, $40: VIC, SEQ; WV, $3.50.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
LOCAL QUOTATIONS
Pig Iron
Local Cotton
Meat

Lard 1880; compound. csc; d. S. short
ribs, u size; bellies, l3.57i4c; ham butts
logo; Boston butts, 15c; pork loins, l6lAc /;
spare ribs. f2c: breakfast bacon, 29u27c:
smoked bacon. Ice; regular ham.
1sc, skinned ham. 1Se.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
SPECIAL RATES
essn----.~-uBzp--
+ B(VIEi' : q
Low WINTER TOURIST EXCURSION
FARES
VIA

Low WINTER TOURIST EXCURSION
FARES
To many points 10 Florida, Alabama.
Central American Cuba. Georgia.
Louisiana, Mexico, Mississippi, New
Mexico, Porto Rico Tennessee aud
Texas Tickets on sale daily oct. is,
1912 to April 20. 1918, inclusive. except
to points in Mexico, New Mexico, Texas
and Louisiana do not become effective
until Nov. !, 1912. Final limit return
Ing May 81 1919, except to points in
Mexico, New Mexico, Texas and Luis
lana, return limit June /, 1912.
Chicago, III. and Return ..... S23tJ
Account International Live Stock Ex-
osition. Tickets on sale November 2sth
10 December Sd, inclusive. Final limit
for return, December II, 1912.
For further information or sleeping
car reservations phone Main 9T7 or con-
Ter with +. Sid Jones, ID. L. A. l.. & ".
Il. r., Birmingham, Ala.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Poultry and E1gs

Hens, 35O5Dc; i've, per pound J90tl2c /.
large fryers, l2QlSc. medium flyers. lie:
small fryers. 1S020c; ducks. sDpd0c. .,,,n'
cas-, 25e; roosters, soc: geese. soS,-o. :.
live turkeys, 1Sc; eggs. fresh. as
candled, a3c; extra graded candled eses
s5c; cold storage eggs, 25@Sc.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Weekly Exports

New Orleans. November 23.-Weeks
exports: Wheat 5000 bushels TO Eu-
rope; Corn. 1914 bushels to Europe.
Weeks arrivals of Coffee, Brazilian,
1000 sacks.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Grain Receipts and Shipments

Kansas city. November 2S.-Receipts:
Wheat 10000; corn $4,000; oats. Is, :
GOO Shipments: Wheat, $4,000; corn,
1900, oats, 10000
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
New Orleans Cotton Futures

New orleans. November 29.-Cotton
spot firm. sc up; middling i2asc sales
on spot. 1870 bales; to arrive. 1880. Low
ordinary &c nominal; ordinary 913-l6c.
good ordinary. II 7-lGc strict good ordi-
nary. II 1l-1Gc: low middllng. II 15-1ec:
strict low middling. y 3-1sc; strict mid
ding. 70 9-l6c: good mddlng. l2%c: strict
good middlng, u 15-l6c; mlddling fair
1890 nominal: mddlins fair 10 fair. 1877 c
nominal: fair. liise nominal Receipts,
II. s32; stock 237, 49i.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24

actions in clean moderate. Quotations
unchanged.
Sales: Clean. 1925: Honduras at 294doc;
1886 Japan at 27s@3ssc.
Receipts: Rough, 1888; clean, 1886; mil
lers 6392.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Coffee and SuUar

Coffee-ArDucKles. sso.05 per hum
dreo pounds: Luzanne. &c per pound.
Sugar. standard granulated. e,Sc per
pound.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24

Liverpool, November 22.-Spot cotton
closed dull Prices firm; American mid
ding fair 752d; good middlng. rad:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24

Country 1il',,s butter tier 2Slsoe; fresh .G1ngt
daisy cheese, l9c, mr
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Treasury Statement

n,
ginning OF business today the condition
of the United States treasury was: Work
ing balance, s92, 28I In banks and Phil
ippine treasury, s32,079,10l. Total of gem
eral fund, s14S, 606.9Ss. Receipts Friday,
SIPS, 4s6 Disbursements, 1885, The
deficit for fiscal year is $1,23S,4S7. against
s24,2a9 1903 last year. These sums exclude
Panama canal and public debt transac-
tons.
New York, November 23.--The state
ment of the actus. condition of clear
ing house banks and trust companies
for the week shows that they hold
S6,765.100 reserve in excess of legal re-
quirements. This is decrease of
S5oS,100 from last week.
The statement is: Daily average
loans, s1,S96. 900; decrease, $685.
900. Specie. s310.957,o0o decrease,
1885,, 900. Legal tenders, $S1, S57, 900; in
crease. $4,000. Net deposits. s7.707,-
900; decrease. ss,7S8,000. Circulation
s46766.O00; increase, $1ss,00o. Banks
cash reserve in vault S32S,910,000.
Trust companies cash reserve in vault,
So, 900. Total cush reserve, $780,
$4,000. Excess lawful reserve, 1856
400; increase, s2,2S5,700. Trust COM
panies' reserve with clearing house
members carrying 20 per cent cash re-
serve, sH,117,000. Actual condition
loans, $l,S93, 96S, 900 decrease, s7,227,-
900. Specie, 1909, 100000 decrease,
s2,S10,0O0. Legal tenders ISL, 667 900; in
crease. $4,000. Net deposits, s1,704,-
$4,000; decrease, s5,662,0o0. Circula-
ton, s46,S09. 900; decrease, $61, 900.
Banks cash reserve in vault, s326,773.-
600 Trust companies cash reserve in
vault, $64,314,000. Total cash reserve,
1891. 0s7,Oo0. Excess lawful reserve,
s6,765100; decrease, s503,100. Trust
a.st IL
members carrying 25 per cent cash re-
serve, 45,3eS, 900. Summary of state
banks and trust companies in Greater
New York not included in clearing
house statement: Loans, 1854, 1856 800;
decrease, s3,1S1.S00. Specie. s61, 460.S00;
decrease. s996.700. Legal tenders,
ss.449 600 decrease, s85,70o. Total de-
posts, s629,392, 200; decrease, $3.50, 500.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-24
Weekly Naval Stores Review

Savannah. Ga, November Ga
Steadily decreasing prices marked the
naval stores market this week.
Turpentine declined from last Sstur-
days closing price of 371sc TO 80 nc
at today's close. This price compares
with 4474 q 45c at the corresponding
date last year. Weeks sales, 416S
casks.
Receipts for week, 513s casks against
4535 same week last year.
Shipments, 1912 against 1856 last
year.
stocks, 1886 compared with 4o,fs7
last year.
liosin, except for the grades of NJ,
which was unchanged and X, which
advanced sc. in all grades declined dur
ing the week, WV sc, VIC &c Grades
below / were off from 2isn15c. Re-
ceipts, s1,55s against 20,032 last year,
shipments 1861 compared with 1911 last
year. Stocks 1S9,T1f compared with
110,73 last year.