davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1913-10-22
THE MARKET UNDER
SELLING Pressure:
Cotton Later Develops Re.
sistance of Its Own to a
Further Decline

New Orleans, October 21.-The cotton
market was under selling pressure today
from start to finish, but after prices were
a dollar bale down the market develop
cd resistance of it's own to a further de-
| cline. Selling was for both accounts,
bears claiming that the advance of yes
terday discounted the damage done in
the cotton region by FROST while many
bulls believed that the rise had been
somewhat too rapid and that reaction
was in order.
The opening was steady at a decline of
II to Is points in sympathy with a much
lower Liverpool market than due. The
weather map was fully as unfavorable al
expected and the detailed weather re-
ports showed tlat the lowest tempera-
lures in many years at this date had
visited the cotton belt, with killing and
heavy frosts in many important sections.
Buyers of the last few days were anxious
for their profits and selling around the
first call was heavy enough to put the
trading months 10 to 20 points down. This
decline brought out a fair volume of fresh
long buying from the bull side and the
market reacted to within to points of
the close of yesterday. Selling increased
around the middle of the morning and
from then on the market was under
steady pressure. In the afternoon the
decline was widened to q to 2S points.
The close was steady at net loss for the
day of "a to q points.
Some Of the selling OF the day was
based on the contention OF the bears that
cror damage was being exaggerated and
that the cold weather, while doing some
harm. would open bolls that have been
slow In maturing Again. they pointed
out that no rain at all fell in the cotton
region overnight, which was highly fav-
orable for picking. Bulls claimed that
the cold snap has made II certain that
the south cannot raise a large cotton
crop this year and that the slump today
was natul al reaction in a prolonged
upN ard movement in values.
The Birmingham age-herald., 1913-10-22
MISSOURI CONCERN
BUYS COTTON SEED

Jackson, Miss, October H.-tSpeciai)
Twelve carloads of cotton seed were sold
today by the penitentiary board of trus-
tees to the Kinney company of Kansas
City at s24.40 per ton. The seed went 10
the highest bidder, and as was the case
last week when six carloads were sold,
the Kansas City concern were the top
notchers, bidding the same price as TINS
time. Bids ranged all the way from vi
to $o4 40 rs these cars of seed are selling
at about $500 per car, the Kansas CITY
firm is spending a good deal OF money Tor
Mississippi products, having bought Is
cars in two weeks.
The Birmingham age-herald., 1913-10-22
Live Stock Market

Chicago, October 21.-Hog receipts, 20
600: market 10c to 25c off. Bulk of sales,
s7.65QS.1o; light, s75o@S.10; mixed. $500
s.25; heavy, s740llS.2o; rough. T.4oQ755;
pigs. s475Q750.
->cattle: Receipts, 6o00; market slow.
steady. Beeves s6.S5@9.6O; Texas steers,
Sc. 75d7.90; stockers, s510d765; cows and
heifers, SO 50aS. 80; calves $7a1050
Sheep: Receipts, 45,G00: market steady,
1Oc lower. Natives. s4@5: yearings. So. 100
6.s5; lambs. native(. s5.s5@715.
Kansas City, October 21.-Hogs: Re-
ceipts, 1900; market 15c lower Bulk.
s76O@S; heavy. s775@795; packers and
butchers. $7.65ds.o5; light. s7.5Oas; pigs,
ssa7.4O.
Cattle: Receipts, 2S,o00, including 1000
southerns. Beef steers steady to strong
other cattle steady to weak. Prime fed
steers, $S.756925 dressed beef steers,
81. .750iS rs; southern steers. S550m8. 50: cows,
81. .25T7; heifers. $59910; stockers. $5506iS.
i, Sheep: Receipts. 10000; market steady.
embs, S6.10G6.75; yearlines. 4.75Q5.50
thers. s4074.75; yves. 80 50Gf4.25.
t. Louis. October 2l.-Cattle: Receipts
, including 500 Tevxans: market strong.
oice to fine steers, 500 %; good to
&. ,ice steers, s.. 25nS; dressed and butch
e steers, IS 50M725: stockers. IS 25d7 so
sas steers. s617.75; Texas cows and
,ers, s4.25M6.50.
pgs: Receipts. ;0.F00: market 25c lower.
and lights, $6.25dS15; mixed and
The Birmingham age-herald., 1913-10-22
REDUCING RECEIPTS
HAS BULLISH EFFECT
Prices at Close Steady 3-9c
Higher-COrn and Oats
Finish Strong

Chicago, october 21.-Cutting down of
receipts in all directions had a bullish ef-
feet today ON wheat. At the close prices
were steady Ac to A@3sc over last night.
Corn finished hc to Aq2sc up. and oats
with a gain of lsqAc to sc. In pro-
visions the outcome ranged from 1Oc de-
cline to a rise of DC.
Wheat was well bought by strong
houses and held firm throughout the day
Besides the falling off in arrivals at pri-
mary points there was considerable ap-
prehension as to the crop outlook for In
dia. Some sections of the Punjaub had
received rain, and there was SAID to be
yet ample time for seeding, but else
where the drouth was still severe, and
predictions were made that the central
and united province would have only so
per cent of normal acreage.
Outside buying orders for future deliv-
cries expanded noticeably, and there also
was perceptlble improvement in the de-
mand ior. cash lots A decided bulge in
prices at Buenos Ayres also exercised a
good deal OF influence against the bears.
but II was mainly on account of the do
nestle primary receipts, which We're less
than half those of a year ago, that the
market maintained to the end an un1nls-
taxable ann toward higher Levers.
Colder weather that promised an in
crease of feeding made corn firm, al
though investors were checked to some
extent by lower quotations at Liverpool
due to heavy supplies at that port East
ern demand, however, was SAID to have
improved.
Buying for cash houses lifted oats, but
when this purchasing lessened the market
lost much of the early gain. Some lively
profit taking sprang up on the advance.
Commission houses were active buyers
of May lard, and there was a fair general
inquiry for other provisions. Weakness of
the hog market. however, tended to re-
strain any important advance.
Future quotations were as follows
The Birmingham age-herald., 1913-10-22
LEADING SHARES
GAIN MANY POINTS
Stocks Rose Buoyantly Yes
terday-Outburst of
Strength

New York, October 21.-Stocks rose
buoyantly today. Not for weeks had the
street seen such an outburst of strength.
Leading shares gained from to points
with advances of as much as points
In exceptional cases. The amount of busi-
ness In the first hours trading was nearly
as great as the total OF Yesterdays ses-
sion.
1t was a bad day for the bears. The
advance was achieved largely at their
expense, for short covering was RESPONSE
BILE for the heaviest buying, especially in
Steel and Union Pacific.
The sharp rise In American stocks in
London gave the market it's first impulse
upward and created alarm among the
shorts. The upward movement was ac-
CELEBRATED by news from Washington that
the interstate commerce commission had
approved an increase in certain freight
rates In the Missouri valley district. AL
though the decision affected only a COM
paratively small amount of the railroad
business. the Interpretation of the stree.
! was that more liberal policy on the
part of the commission was indicated.
Further reports from Washington that
important amendments would be made
in the currency bill affecting provisions
which have met with hardest opposition
also helped ostimulate the market. In
creased speculative activity was facili-
tated-by conditions in the money market
Although there was no further essential
change in time rates. the tone was easier,
refiecting the improved position of the
banks as shown in the last statement and
offerings of money here by foreign lenders
during the last two days.
Bonds showed general strength with a
good inquiry for some low priced issues.
Total sales, par value, 100000. United
States rs advanced ", the As 4 and PAN
ANA Is point on call.
The Birmingham age-herald., 1913-10-22
Interior Cotton Movement

Houston: Steady; middling, 1S7sc; net
receipts, 1879; gross receipts. 1S.3l9 ship
merits. '14221; sales, 676S; stock. 12S,261.
Augusta: Steady; middling. 13 13-16c;
ret receipts. 4204; gross receipts 526i;
shipments. 2342: sales. 400; stock. Al ,602.
Memphis: Firm; middling 1880; net
receipts, 1856; gross receipts, 1885, ship
ments. 1891; sales. 37o0: stock 80 1854.
St Louis: Quiet; middling, 1324c; net
receipts, 9O71; gross receipts. 2252; ship
merits, 1884 stock. 65S5.
Cincinnati: Net receipts. s12; gross re-
CENTS. 9l2: shipments. 740: stock i4,554
Little Rock: Steady: middling 13ssc; net
receipts, 1854: gross receipts. 1854; ship
nent 723 stock, o4.7S9.
Greerville: Steady; middling. 1910.
Charlotte: Steady; middling. i3hc
Total today: Net receipts, 34452: gross
receipts. 1896 shipments 24.706: sales
II ,S6S; stock. 305. 155.
The Birmingham age-herald., 1913-10-22
WANT INFORMATION
ABOUT VETERANS

Jackson, Miss, october H.-(special)
Secretary of State Power has a letter
from James p. Clancy. Sl3 Main street,
Vancouver, WASH, in which he asks for
information of members of the twenty
fourth. Twenty-seventh, T. enty NINTH.
Thirtieth and Thirty-fourth Mississippi
regiments that were under General Wal
thall at Chickamauga, and which cap
tured the United States Eighteenth reSi-
ment, or a part of them. Mr.. Clancy
does not state why he wants to correspond
with members of these old commands,
but doubtless some of them who are still
in the land of the living will write him.
The Birmingham age-herald., 1913-10-22
Hubbard Bros. & Co.'s Letter

New York. October 21-(Speoial.)- kill
ing frost occurred last night over north
ern belt extending as far as Spartanburg
S. c., and to Selma. Ala, northern Mis-
sissippi. Arkansas and Tennessee were
also affected by this killing frost. 1t
may extend into North Carolina tonight
and will probably be followed by another
period of bad weather from the Pacific.
on the opening, there was a large
amount of cotton for sale on the ex-
pectation that the market would open
higher after the advance of yesterday
on this frost news. This pressure to
realize brought about decline of some
20 points and although the market prompt
y rallied the decline was such a surprise
that the traders felt the advance was
over with the frost and that spnners
would not follow.
1t is not unusual for a market to act
this way the morning aftor frost; then
the trade commence to think OF the dam
age to the late crop, in the Atlantic.
After so rapid an advance as during
the past few days reaction was In Or
der, but 1t Is now apparent that esti-
mates of the crop will have to be re-
duced
Liverpool is due tomorrow 41aasMc
down.
The Birmingham age-herald., 1913-10-22
Bankhead ENJOYING Rest

Jasper, October 21.-Mr. William 3.
Rankhead. candidate for Congress from
the Sixth congressional district, is at
home after a months campaign in the
counties of Greene. Sumter. Hale and
Pickens. He reports that ne had the
pleasure of addressing good audiences al
all the places where he spoke, and is very
highly gratified at the present situation
in that end of the district.
The Birmingham age-herald., 1913-10-22
Cotton Seed Oil

New York, October 21.-Cotton seed oil
was partly higher early today on com
mission house buying, but prices sagged
OF later in absence of outside support
and with the decline in cotton Closing
prices were 3 to IL points net lower.
Sales, 1890 barrels. Prime crude, 5.66u
5.73c; prime summer yellow, spot 6.1047c;
October, 6.S7c: November, 6.S2c; December,
csc; January, csc: February, lose,
March. 7.17c; April 722c; May, 7,Soc.
Prime winter yellow, 7Qsc; prime summer
white, 7201tSc.
The Birmingham age-herald., 1913-10-22
New Orleans Rice Market

New Orleans, october 2l.-Rice: Rough
Honduras and Japan in good dema nd !;
clean Honduras and Japan firm Quote:
hough Honduras, l.loGe4 SJc; Japan, OUT
CSC; clean Honduras, 4Ad6Ac; Japan
new, S5s@4e; old, 3A@3ssc. Receipts:
Rough, 46iO; millers, 415; clean, S225.
Sales: 24i6 sacks rough Honduras at l. 100
4.SOc; 1S49 sacks Japan at .S5Q3 i0c; 2325
pockets clean Honduras at 2sQ53sc; 1883
pockets clean Japan at 2 l3-l6u3ssc.
The Birmingham age-herald., 1913-10-22
Dry Goods

New York, october 2l.--Advances in
staple mems wear for spring are being
announced daily here. Cotton goods were
firmer and 81 ghtly more active for the
session.
staple underwear and hosiery are un-
der order fol three months ahead in
many Of the large mill orders Black
messalines were in active request and
scarce,
The Birmingham age-herald., 1913-10-22
New Orleans Cotton Futures

New Orleans. October 21.-Spot cotton
steady unchanged. Middling, 13Ac. Sales.
spot, 1146. To arrive, 1890 Low ordinary,
10Ac nominal. Ordinary. II 1-l6c, Good
ordinary, IL 11-16c nominal. Strict good
ord nary, II 15-16c. Low middlng. 13Ac
Strict low middling. 131ac. Middling, l3Nc.
Strict middling. 1ic. Good middlng, 14Hc
Strict good middling. IA 7-16c. Middling
fair, 147sc nominal Midding fair to fair,
15Ac nominal. Fair, 1880 nominal. Re-
ceipts, 14.150 Stock. S9.375.
The Birmingham age-herald., 1913-10-22
Liyernool Cotton Market

Liverpool, October N.-Spot cotton fair
demand. Prices easier. Middling fair,
s74d. Good middling, 794d. Mddling,
7S2d. Low midding, 7.60d Good ordi-
nary 6.9ld. Ordinary, 6.69d. Sales. 5000,
including 1000 American and 500 were for
speculation and export Receipts, 1900.
including 14.101 American.
Futures closed unsettled: October. 7.52d /;
October-N November, 7.40d. November-De
cember. 1904; December January, 5.261ad !;
January-F February, 726d: February
March, 7.25iad; March-April, 725l4d; April
May, 7.25d; May-June 7241ad: June-July.
I'D; July-August, lid; August -Septem-
ber, 6991Ad; September October. 6.7Od; Oc-
tober- \ ovember. 6.571ad.
The Birmingham age-herald., 1913-10-22

London, October 21.-Balkan develop
ments created favorable impression on
the stock exchange today. Buying orders
hardened quotations quite generally. Mex
ican tramways were about the only weak
features. American securities opened
steady and fraction higher On good
buying prices made substantial gains;
closed steady.
Consols for money. 70 9-16; consols for
the account. 72 11-16. Bar silver steady,
2Sl4d; money, 3Aq3h; discount short
bills, 4aa; three months, 415-16.
The Birmingham age-herald., 1913-10-22
Bonds
Treasury Statement

Washington, October M.-The condition
of the United States treasury at the be-
ginning of business today was: Net ball
ance In general fund.- sl25 772. .l10; total re-
eeipts yesterday, sl,21l SOD; total payments
yesterday. 50, 102, ,94S; deficit this fiscal year.
s5Ss3,171, against a deficit of IS, 1853 $40 last
year. exclusive of Panama canal and pub
lie debt transactions.
The Birmingham age-herald., 1913-10-22
New York Money

New York, october 2l.-Money on call
steady. 3qsk per cent; ruling rate.
closing bid, 3MS1s; time loans steady; 60
days, 4%; 90 days, 8; six months, 4s4.
Prime mercantile paper, 51h@6 per cent;
sterling exchange firm at $4.S1.25 for 60
days. S.s5.55 for demand; commercial
bills. A.S07s Bar silver 61bc. Mexican
dollars, 47c. United States bonds strong.
Railroad bonds steady.
The Birmingham age-herald., 1913-10-22

butchers, S.S0aS.25; good heavy, sS.10@S.50.
Sheep: Receipts. 2200.. market steady
except lambs, &c higher. Muttons, S37om
45O yearlings, $5q6; lambs, s5.50@7.15.
Louisville, October H.-Cattle: Receipts.
200 market steady. Range, $2.50@S
Hogs: Receipts, 500; market steady
Range, $i.50lt9.30
Sheep: Receipts, 1875; market steady.
Lambs, &c down; sheep, 31ac down.
The Birmingham age-herald., 1913-10-22
Liverpool Grain

Liverpool, October 2l.-Wheat, spot
steady; No. ] new Manitoba, Is 91kd No.
old Manitoba, Is I'd; No. old Manito-
ba, rs Id. Futures steady; December, rs
9Bd; March, 6s 119sd; May, 6s uAd. Corn,
spot quiet: American mixed, is I'd: fu-
| lures weak; November, LaPlata, As S5sd i;
December, LaPlata, As 105sd.
The Birmingham age-herald., 1913-10-22
hubbard Bros. & Co.

Memb bcrs New York Cotton Ex-
alge, New Orleans Cotton kxcnange.
s, York Produce Exchange. Asso.
a Members Liverpool Cotton Asso-
e and sale of Cotton and Cotton
4 Oil for future delivery. Special
ntion and liberal terms given for
~. Correspondence Invited. =
The Birmingham age-herald., 1913-10-22
Naval Stores

Savannah, October H.-Turpentine firm,
4O%@41c; sales, 5s5l; receipts. 6l7; ship
ments. 13s: stocks. 2s,O69. Resins firm:
sales, 147O; receipts, 226O; shipments, l0S.
stocks, 155S55. Quote: A, B, c. d, S3.o5
e. sS.5o@355; f, 1855; G. $S.55@3.57h; II,
$355q3.6O; /. s3.621a; X, $3.50; M, S455; ~,
$o35; WIG, $500; WV, S6.25.
The Birmingham age-herald., 1913-10-22
Kansas City Grain

KaKnsas City, October 2l.-Cash wheat,
No. hard, S2qS613c; No. red, SS1AQS912c.
Corn, No. 2 mixed, 7114c; No. white, 73c.
Oats, No. white and No. mixed 39c.
Wheat. December, S0ssc; May, S55sQS5Ac.
Corn, December, 589sc; May, 715sc.
The Birmingham age-herald., 1913-10-22

New York, October 21.-Lead quiet, 81 80
G4.50. London, G20 los.
Spelter< quiet. s5.25@5 35. London, ego
los.
Copper firm; standard spot to Decem-
Der, SIG. 25@16.75; electrolytic, 1850; lake,
16.S@l7c; casting. 16. 75c.
Tin weak; spot, $40a40. 20; October, $50 95
Q40 %; November to December $4Oa40. 3d.
Antimony Cash dull Cooksons. 81 60.
Iron quiet, unchanged.
London markets closed as follows: Cop
per easy; spot, ETA lis Cd; futures, e74 los.
Tin easy; spot. elsa It's Cd; futures, f1Si
AIS Cd. Iron, Cleveland warrants, 51s 101sd.
The Birmingham age-herald., 1913-10-22
China Grants Concession

Toxic, Japan, October 21.-China has
granted to Japan an important conces-
sion by the extension of her railroads
in southwest Manchuria. This viii open
up a great bean producing and general
tableland. The new line is to start at
the city of Chin Chow.
The Birmingham age-herald., 1913-10-22
st. Louis Grain

St. Louis, October 21.--Cash wheat, No
red, 92c; No. l white. SIC. Corn, No.
white, 92c; No. white, 7Oc. Oats, No. :,
39&c; No. white, 40@40lac. Wheat. De-
cember, s61ae; May. 90Q9O1sc. Corn, De-
cember, 6s1s@6SAc; May, 1B@714c. Oats.
December, 3912c; May, 421ac.
The Birmingham age-herald., 1913-10-22
Fish and Sea Foods

Red snapper, Zoe In bbl lots: gray
snappers or groupers. Sc; Spanish mack
erel, 126D12hc in hbl. lots. pompano. zoe:
red bass, 61kc; mixed fish, &c In bb lots;
in barrel lots. &c; small crockers
6hc in parrel lots: Atlantic null
let, &c. common mullet, &c: small trout,
S1kc fresh water cat. dressed, l21sc. lady
fsh. 6i2c salt water cat. SEC speckled
trout, 1219c. Virginia oysters, s1.50, S1.65;
New York oysters. sl.S5 per gal Shrimp.
10c Id.
The Birmingham age-herald., 1913-10-22
LOCAL QUOTATIONS
Pig Iron
Local Cotton
Meat

Lard, 129sc; compound, 10 Bc: dry salt
short ribs, $500; bellies $l3.9o: ham
butts. .S.oOc. Bos. on butts. l6c: pork Ions,
1sc; spare ribs. 13c; breakfast bacon.
2162sc smoked bacon. 17c: regular nam.
1Sc; skinned ham, 1Sc.
The Birmingham age-herald., 1913-10-22
MONEY IN WHEAT

$1,000 Buys Puts or Calls on 10000
bushels of wheat No Further Risk. A
movement OF sc from price gives you
fhance to take 100000: 4c $4,000; &c
$4,000, etc. Write for particulars.
THE CENTRAL STOCK Il GRAIN CO.
Park Bldg., Cleveland o.
The Birmingham age-herald., 1913-10-22
Crea Prot,ucta

Country butter. 20G25c; fresh creamery
butter, 3515c; cheese, 171ac; imported Swiss
cheese. 3lc: German brick cheese. -0c !.
burger cheese. 19c; imported koquetort
35c: Neufchatel cheese. per dozen. 45c,
PiI1anto cheese. sl.35: process butter. 30c
The Birmingham age-herald., 1913-10-22
st. Louis Produce

st. Louis, October 2.-Flour quiet. Hay
firm. Flour receipts, 5000; wheat, 5000;
corn. 10000; oats, $1,000. Shipments.
Flour, 1900; wheat. $1,000; corn. 1900;
cats, 1900.
The Birmingham age-herald., 1913-10-22
Montgomery Market

Montgomery, October 2l.-(SpeciaI.) }
Spot cotton was quoted In Montgomery
today as follows: Good middling. 10 11-16c;
strict middlng, 13 9-16c; middling. IS 7-16c;
strict low middling, 10 1-1sc; low middling,
II 11-16c.
The Birmingham age-herald., 1913-10-22
Coffee Market

New York, October 2l--Further unfav-
orable Brazilian crop reports and firm
early cables caused an opening advance
of IL to II points in the coffee market to-
day. Later prices eased off. The close
was steady, net points up to points
off. October. 10,37c; December 1o.56c;
January. l0.6Sc; March, 10 93c: May II Ice :
July. II 36c, September, II .4sc.
Spot unsettled: Rio No. Z, lie; Santos
No. 4, 1850; mild quiet; Cordova, 1890
161ac nominal Havre unchanged to VI
higher. Hamburg net 12p higher Rio
unchanged. Santos spot. 50r higher; As.
Brazilian receipts, $4,000.
Brazilian receipts, $4,000.
The Birmingham age-herald., 1913-10-22
Elnrr ard R-oadetnffa

Self rising flour. $500; Tennessee flour
sb.15: pure wheat shorts. $35:
pure wheat bran, $3l; G. s.
hulls per ton. s13. prime C. S, meal, per
ton. $29 c. S. feed meal, per ton SIS;
No. timothy hay. per ton. s25; mixed
alfalfa and johnson grass, per ton, $24
alfalfa hay, per ton. s2s: Johnson grass
per ton. sl6; mixed feed. $34; oats, $50
bu.: corn. 96c; cornmeal, a.S5 per 9b lbs
The Birmingham age-herald., 1913-10-22
Primary Receinfs

Chicago, October 21.-Primary receipts
of wheat today were 1,06S,0O0 bushels
year ago 2,343,O0 bushels Seaboard clear
ances of wheat and flour equalled 5ll 900
bushels.
The Birmingham age-herald., 1913-10-22
Selma Cotton Market

Selma, october 21.-(Special )-Spot cot
ton was quoted In the Selma market as
follows: Good middlng, 13 1S-1Gc; strict
middling, 10 11-16c; middling, 10 9-l6c.
The Birmingham age-herald., 1913-10-22
Poultry and Eggs

Hens. per pound, i5d16c: fryers. 10
~ lbs. average q to 22c: ducks, l3c h.:
guineas soc: roosters. 3oc: geese. 40050c.
live turkeys. l5c; fresh eggs. ca Sc. candled
25c extra graded candled eggs. 29c.
The Birmingham age-herald., 1913-10-22
French Exchange
Metal Market

Paris. October 21.-Rentes, S7f 12lRc; ex-
change on London, 25f 2S1sc.
The Birmingham age-herald., 1913-10-22
German Exchange
London Stock Market

Berlin, October o1.-London exchange
\ oom 471kp.
The Birmingham age-herald., 1913-10-22
Ccffaa md cuosr

Arbuckle coffee. 2l.soc; Luzanne, 23c per
pound Sugar standard granulated. 59sc
per pound.
The Birmingham age-herald., 1913-10-22
LOCAL SECURITIES

Total sales for the day, $4,000 share
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-27
AMERICANS IN PARIS
AT ANNUAL BANQUET
ambassador Myron T. Herrtck Takes
Occasion to Commend President
Wilson's Mexican Policy.

PARIS, Nov. 26.-Speaking at 8
Thanksgiving eve banquet of the Amer
lean club tonight, the American embas
sador, Myron r. Herrick, alluded To
Mexico and spoke of the constant mis-
understandings which arise in in.
ternational politics. Misunderstood
ings, he said. are especially liable to
develop in the case Of such a policy
as that followed by the United States
in relation to Mexico, which, he added
''is not self-seeking, but involves an
idealism which is found at the base Of
all great movements. -
The ambassador continued:
81 am confident of the upward trend
of ideals in international policies and
believe the United States, by taking
the stand she has, brings an element to
international politics which will be of
value to civilization and the progress
of the world"
The banquet was presided over by
w. S. Daliber. and the guests includ-
ed Maitre Fernand Labor and Pro
fessor Claude III. Van Tyne, Of the
University of Michigan. NJ, Labor
expressed most cordial thanks for the
great hospitality shown him on his re-
cent visit to America