davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
Packers Minimum
On Hogs Increased
Dollar a Hundred
FoodAdministration Grants
Higher Rates as Protec-
ton to Raiser

CHICAGO, Oct. pa minimum Of
prices of hogs for November has been
fixed at $3.50 IS the daily average for
packers droves. A minimum of $3.50
has been fixed for all other hogs ex-
cept hrow-outs, which consist of hogs
under 1870 pounds, stays, boars. sows
and skips.
AS packing house products have been
selling on basis Of $16.5O for hogs,
the announcement to-day of the new
basis for November resulted in & big
jump of prices for pork, lard and ribs.
While the new price basis probably
will mean an advance in the price to
consumers of pork and pork products,
such as ham, bacon and lard, it was
explained that the peace talk, with its
vision of a corn market flooded by low
priced corn from Argentina and South
Africa, had reduced the market price
of that cereal from % to 40 cents a
bushel. The consequence of this was
near panic among hog raisers, who
saw similar declines in the prices OF
their market animals and therefore
rushed their stock to market.
The Department of Agriculture, it
was said, had information that where
as supplies of hogs had increased about
per cent over last year, the past
three weeks had seen an increase of
~ per cent in the number Of hogs sent
to The seven leading livestock markets.
Other factors in failure to maintain
the October price basis were given as
curtaiied consumption, due to influenza,
and the reduction Of the packers labor
supply.
Exports of pork products in October
were given as 130,00O,0O0 pounds, as
compared with 100000 in October,
1917. For November the food admins
tration has ordered exports of no.
100000. These facts were cited as
proof of the necessity of radical meas
ures to maintain the large pork pro-
duction which the food administration
has asked.
WASHINGTON, Oct ga min imum
price for packers drove hogs of $3.50
hundred pounds was announced to-
day by the food administration, after
conference between the livestock sub
committee of the agricultural advisory
| board which includes members repre-
senting the swine industry, the food
administration and fifty packers. The
following undertaking is given by the
packers:
'In view of the undertakings on the
part of the food administration with
regard to the coordinated purchases Of
( pork products it is agreed that the
packers participating in these orders
I Will undertake not to purchase hogs
for less than the following agreed min
imums for the month of November
/ that is, daily minimum Of $3.50 per
/ hundred pounds on average of packers
( droves, excluding throw outs to be
defined as pigs under 1870 pounds
stays, boars, thin sows and skips.
Further, that no hogs of any kind shall
! be bought except throw outs at less
than $3.50 per hundred pounds, the
average OF packers droves to be con
strued as the average of the total
sales in the market OF all hogs for a
given day. All the above to be based
on Chicago
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
Relevant Comment
Mexican Situation a Factor

The outstanding feature of yester-
days stock market trading was the
strength displayed by the stocks of
those companies that are expected to
be materially benefited by the reported
improvement in the Mexican situation
Mexican Petroleum outdid its spccracu-
lar performance of Friday~by adding an
additional 12'a points to the preceding
days gaiN. American Smelling and Re-
filming was taken in large blocks, clos
ing UP points at 80, while Southern
Pacific was actively bought, with the
result that the half-day's transactions
saw net advance OF 3ls.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
Argentine Wheat Yield
WASHINGTON. Oct Pea deere,

WASHINGTON, Oct. pa decrease
in the estimate of acreage planted in
wheat in Argentina is noted in a re-
port received to-day by the Department
of Commerce from Consul General
William H. Robertson at Buenos Ayres.
The wheat acreage, which has Just
been planted, is estimated al 100000
acres, a decrease of 100000 acres from
last year. The oats acreage in the
South American republic is estimated
at 100000 acres. decrease of 22O.0 900
acres. The total planted to lnseed.
the report said, is estimated at 1900
WV Rsrs&. "a Increase Of $4,000 asyss.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
The Day After

The stoidity with which the market
received the action of the mQney COM
mlttee on Friday, as it turned out. was
significant, for Yesterdays exhibition
Of strength led to the inevitable con.
clus'on that the buying on Friday was
better than the selling No doubt YES
terday's advance was abetted bv tho
closing out of commitments that had
been made the preceding day in the ex
pectation of lower prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
Money and Credit

The statement issued by the Clearing
House Association yesterday showed an
increase in loans and discounts of
500, 436, 900 during the last week, while
net deposits decreased SAC, $4,000. The
total of loans, discounts and invest
ments was given as $4,770,335 900. EX
CESS reserves increased S104,134,35o.
United States government deposits to
tailed s474,3S1, 900, compared with
sl95,547 600 week ago.
The Federal Reserve Bank of New
York, in its report for the week ending
October &c, showed a total of bills dis
counted and bought of S722,9I3, l42,
against s171 ,0O3,45 the week before.
Bank Acceptances.-The bank accept
ance market yesterday was without
feature, with rates unchanged.
Thirty Sixty Ninety
Spot de- DAYS. days. days.
livery: Per cent.Per cent.Per cent.
L ig bic
mem Der
banks . .4l4@4 4aa@4l4 42s@4l4
i igible
nOn-mem
Der banks.4l4@4ls 4]s@4hs 4is@4i.
Ineligible
bank blls.5l4 @4s4 5A@4s4 5I4@4s4
For delivery within thirty days:
Per cent.
Eligible member banks. ...... 4H
Eligible non-member banks..... as
Disrount Rates-Th,a folIow;no, tah1s
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27

Che Federal Reserve Bank of New
York has put in force the following
schedule of rediscount rates which ap-
ply to bankers Gcceptances: Maturities
up to Is days. 4 per cent; 10 to so
days, inclusive, AZ per cent; 81 to 30
days, inclusive, 41a per cent.
Bank Clearlngs.-Bank clearings yes
terday in New York and other cities
were:
Exchanges. Balances.
New York =. $6s2,ooe, 1884 sso.s53, $50
Boston ....... 61,754,465 1894 1922
.Silver.-London. 491ad, unchanged;
New York, 1011 sc, unchanged; Mexican
dollars, 1I13c, unchanged.
Sub-Treasury. The banks gained
Slil 900 from the Sub-Treasury yes
terday.
London Money Market
LONDON. Oct. 20 Money was firm
q per cent Discount rates vc!s:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27

The above rates express the cost of
foreign money in terms of the Amcr-
can dollar. You buy an English pound
sterling at, say. $l.75l5. The intrinsic
parity is $4.SG's per pound. Thus you
say either that pounds arc at dis
count or that dollars are at premium
which is owing to the fact that in Eng
land the demand for dollars with which
to settle accounts in this country is
greater than the demand in this coun-
try for pounds with which to settle
accounts in England
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27

Short and three months bills, 8 1882
per cent. Gold premium at Lisbon WAS
1870 90
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27

Nominal.
Below is given the current exchange
value Of foreign money in dollars and
cents together with the intrinsic gold
parity, as calculated by the United
States Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27

Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety days:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
arkets and mmerce
Federal Reserve Banks

government
declined
of
to Boards weekly
the
night shown
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27
Little Lost Motion

Twelve miles south of this tract is
Unit No. ., comprising about 5000
acres. Plougning operations began here
in September, but because of the lack
of moisture, were suspended. When
the machinery had all been moved the
rain came, and this is an instance, and
the only instance, where lost motion
has resulted from the company's opera
tons. Eight buildings are erected on
the place and the 5000 acres will be
fitted for fail seeding in 1919. The
''time failure" of this particular piece
of land is pointed to by the corporation
managers as an illustration of what
farming OH 3 large scale and by i'm
proved methods means. Had this
tract been taken by an individual farm
cr he would not have been able,
when the apparent failure of moisture
came, to shift his machinery quickly
to another place.
The Fort Smith Unit comprises about
5000 acres of "dry lands" located on
the upper a'de of the big irrigation
ditch that taps the Big Horn River at
Black Canyon. the entrance to the Big
Horn Mountains. This is deemed suit
able for sprlag sowing and is being
ploughod this fall along with about 3 900
acres of irrigated land of which the
company has obtained control under
spe-leasc arraeCeMsAL With mao
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-10-27

LONDON, Oct. 20. Money was firm
/, per cent Discount rates ue!a:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
SEIBELS MAKES PLAIN
MATTER OF INCREASE
IN INSURANCE RATES
Whatever Rate Advance Is Made Will
Effect Only Renewals and Not
Existing Policies

H. G. Seibles, chairman Of the local
fire prevention committee. states that
he was Internationally misquoted In a
recent issue of The ge-Herald as to
the proposed raise in fire insurance
rates, and has fully explained just what
the proposal means. and how 1t will af-
feet policyholders. Mr.. Seibles says:
'In the Age Herald OF the 18th I was
unintentionally quoted as stating that
the rates in the territory under the
jurisdiction Of the Southeastern Under
writer's association would be advanced
10 per cent in line with similar advanc es
made by the Eastern union and the
Western union.
II am not a member of the Southeast
ern Underwriters association. and nat
urally have no authority to make state
ments regarding rates, but it Is natu -al
to assume that in view of the action
taken by the Eastern and Western
unions, the Southeastern Underwriters
association will take similar action
Such rate increase, if made, will ap-
ply to the entire territory, and not to
Birmingham alone. and will be in line
with the advances in prices OF other
commodities. / desire to especially EN-
phasize the fact that whatever rate adj
vances are made will not apply to exist
ing policies. Rate advances always APP
ply to renewals"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
Business Men Make
Reservations for the
Muscle Shoals Trip

Interest continues to grow in the
Muscle Shoals trip, which will be con-
Quoted by the Chamber of Commerce
on March 81, when a large number CT
Birmingham's most prominent bank
ers and business men Will visit the
Tri-Cities and look over the work be-
ing done by the government. Reser-
vations are being made by c. A. Gull
len. assistant to the general manager
of the Chamber OF Commerce. and
the number will be limited. The trip
will cost $40 and the party viii oc-
cupy three sleepers. Among those
making reservations yesterday were:
C. w. Shropshire, M. r.. III. Smith, J.
A. Ycater. r.. G.. Hiden, c. r. Patter-
son, J. 3. McClary. Herbert j. Baum
r. T. Beaumont. w. ]. Adams. Gov
Emmett O'Neal, Willard j. Wheeler, II
T.. Shropshire, Walter B. Fowlkes, w
r. I.eedy b. G. Cox, j. L. Yancey. C.
J. Donald, w. d. Wood, #. e. Butler
J. II. Penney, Joe Loveman, Julius
Jaffe, J. r. Young. w. M. Carmichael,
Clyde Pippen. r. w. Massey, Walter
Pickett
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
PETITION FILED TO
CALL ELECTION FOR
SUNDAY MOVIES
Election Will Be Called to
Decide Question of Oper-
alton of Picture Shows
on Sunday

Phares Coleman, representing the COM
mittee in charge of the preparation OF
the petition to the city commission to
call an election to settle the Sunday
movie question. yesterday afternoon filed
with City Clerk II. S. Ryail the petition
of the voters who favor Sunday movies,
wherein they ask the commission for a
referendum vote of the people on the
question.
The petition as filed with Clerk Ryall
contains the names of sJU0 voters, while
the names secured numbered 1850. ac-
cording to the committee working on the
project.
The petition will be checked by Clerk
Ryall, to ascertain If there are 1900 quail
flied voters, the necessary number to call
a referendum election, and then 1t will
be presented to the commission by the
city clerk. The commission will in all
likelihood then refer the petition to the
election commission, after having verl-
fled the names signed to the petition,
and the election board Will then call the
election
The election board is composed OF
Judge j. p, Stiles, Sheriff T. ]. Batson
and Clerk of the Criminal Court w. j
Waldrop.
II is very probable that the election
will; be called Immediately following the
receipt of the petition from the commits
sion by the election board. as the Sunday
movies, according to the present city
laws, must cease operations after April
IA. unless other legislation is enacted that
will allow their operation on Sunday.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
E. M. Kilby Elected
President Kilby Frog
and Switch Company

E. M. Kilby, vice president of the
Kilby Frog and Switch company, was
chosen president of the National Steel
Products company at a meeting of the
board of directors yesterday. The ma
tional company directors IN selecting
Mr.. Kilby sought man TO take active
charge of the management of the cor
poration and as soon as the new plant
of the company is completed it's ener-
gies will be devoted to making the
new company 100 per cent efficient in
the manufacture Of steel castings.
The company has enjoyed a pros
porous business for several years in
marketing steel products, but owing
to the fact that there is no plant
in this territory properly equipped with
its specialties, the manufacture has
been farmed out to plants in distant
sections. This condition promoted the
erection of a plant in the Birmingham
district
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
PAYMENT OF TAXES
MAY DEPLETE BANKS
Belden Points Out Hard
ships That May Result
From Tax Payments

c. NJ. Blanchard, district manager Of
tho Jeffrey Manufacturing company in
this territory, has received letter
from S, b. Belden, vice president OF
his company, in which Mr.. Belden
roints out the hardships that will be
worked upon corporations in paying
their corporation taxes to the govern
ment in bulk on June Is.
In Columbus, o., where the Jeffrey
Manufacturing company is located. Mr..
Belden estimates that the payment of
the corporation taxes In that city
alone will take more than half of the
deposits from the banks in that city.
Following the receipt Of Mr.. JEFF
frey's letter. Mr.. Blanchard took the
matter up with the Kiwanis club and
they Immediately sent telegram to
Senator Bankhead, Congressman Dent
and Blackmon to take steps to enact
some legislation that will relieve this
situation. Senator Pomerlne Is endeav-
oring to secure the desired adjust
ment and Alabama members of Con-
gress will be asked to cooperate with
him.
The Chamber of Commerce, Civic as
ISOLATION, Coal Operators association
and the various local clubs will be
asked to fall in line with this sug-
gestion and render what aid they can
in relieving the situation.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
ROBERT JEMISON, JR..
TO TAKE UP DUTIES ON
HOUSING COMMITTEE
Local Business Man to Look After
the Housing of Employees Of the
Government at NUM-
ton Plants

Robert Jemison. Jr.. will leave this
morning for Washington. where he
will take up his duties as a member
OF the governments housing commit
tee. Mr.. Jemison is one of Birming-
hams most active citizens and early in
the war he expressed desire to do
whatever he could to assist the gov
eminent. He has been the efficient
chairman Of the local chapter of ths
American Red Cross and has pur
forth every effort to make the Bir-
mingham chapter the leading one OF
the gulf division. which includes the
southeastern states.
Mr. Jemison received the appoint
ment of chairman of the housing COM
nittee last Saturday and his chicr
duty and responsibility will be to pro-
vide housing facilities for the men and
women employed in the large war maa-
ufacturing plants and industries of the
government, munition plants. ship
yards and various kinds Of industries
where it has been necessary to large
ly increase the force.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
CANAL COMMITTEE
TO SEND DELEGATES
TO WASHINGTON
Valley Creek Canal Project Discussed
at Meeting of Committee-LOcal
Delegation to Present
Claims

The Valley Creek canal committee held
an interesting meeting yesterday after
noon, at which time communication
from Congressman George Huddleston,
informing the local committee that the
board of review would consider Colonel
Sandford's report on the survey of the
Valley Creek canal. After some discus
siori I. II. Motion, vice chairman of the
committee, suggested that message be
sent to Congressman Huddleston, asking
that action in this matter be deferred
until the April meeting of the board,
which will be held between April and
TO- and a delegation from Birmingham
will go to Washington to present the
matter to the board of review if this ar
rangement can be made.
The following message was sent OF Con-
gresham Huddleston last night by T. H.
Motion:
Hon. George Huddleston, House Of Rep
resentatives, Washington, d. c.
Get board Of review to defer consider
alton OF Sanfords report until it's April
meeting and advise us definite date so
that we can have strong committee &c
to Washington and present subject to
board. Had meeting here today. another
at Bessemer next Tuesday. Hope privi-
lege will be accorded us.
T. H. MOTION,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
HIGH SCHOOL CLUB
CHARTER REVOKED
Member Senior Class Sus-
pended for Using Nitrate
of Silver on Candidate

Using nitrate of silver on the faces
OF candidates before the Dramatic
club of the Central High school for
initiation, causing the faces of the
would-be members to turn black and
possibly injure their physical appear
ance for sometime, caused DR.. Charles
A. Brown to yesterday revoke the
license Of the club and suspend a male
member of the senior class indefi-
nitely. and a female member tempo
rarily.
The whole situation arose over the
boy taking 1T upon himself. unknown
to the other members OF the club, to
use a weak solution of nitrate or sill
yer, which was applied to tho faces
Of the candidates with a. soft brush.
The young fellow was man enough
to confess his individual planning OF
the practical jokes. He told DR.. Brown
the whole story. generating the oth-
er members OF the club. The girl who
applied the brush was innocent, but
the club violated their bylaws and
constitution in allowing any kind Of
initiation, stated DIR. Brown, and their
charter was consequently revoked and
the two students disciplined in tho
above stated manner for their part In
the prank.
DR.. Brown did not want tho names
of the pupils made public. as he APP
preciates the fact that the young man
intended to harm no one and that the
girl was absolutely innocent OF the
part she was playing.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
|BLACKMAN CARTOON
AIDS K|WAN|S CLUB
in DRIVE FOR BOOKS
Campaign for Books for Sol.
der Boys "Over There"
Success-Public Library
Receiving Point

walter Blackman's cartoon in yester-
day mornings Age-Herald filled the XII
wants boxes with books today, and there
is no telling how much good it has done
Our drive for books for the soldiers and
sailors" said w. V. Trammell, secre-
tary of the Kiwanis club last night.
81 am sure that if there is a man in
Birmingham who has copy of Mark
Twain's works, any of Charles OMal-
ley's books, a copy Of Fortnight OF Folly
or any other books of this nature, he
will call a messenger and send them to
the public library at the city hall to be
sent to the boys in the service after
seeing Blackman's cartoon. The work
Blackman is doing for the soldier boys,
for the government and for his country
with his brush Is not to be exceeded by
any man in the trenches, though | I'M
derstand that he has tried every branch
OF the service for enlistment to fight the
Huns. But If he will keep on with his
brush and let Walter, Jr., who is a lieu
tenant In the infantry, though just past
81 years of age now at Camp Gordon.
do the fighting over there Birmingham
will call him patriot just the same. for
he undoubtedly is one of the first water"
continued Mr.. Trammell.
The campaign that Is now being waged
by the IIiwanis club for books for the
soldiers is not confined to the city of
Birmingham alone, and books will be
gladly received at tho city hall from any
part of the district for the boys in uni
forms. The sender should prepay the
express charges and address them to the
Birmingham Public Library,
The campaign Is going strong now, and
yesterday books were received through
out the day at the library, and each day
the receipts increase.
I'VE are going to make this great
big success" said James l.. Davidson.
director of the book drive campaign, "and
all we want is for the people to realize
what the books mean to the boys over
there or here in camp, and | know that
we will be able to ship a trainload out
of Birmingham, and at the same time no
one will miss them
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
Elk Governor Patterson
of Tennessee to Speak
National Prohibition to Be
Theme of Noted Orator at
First Methodist Church
Sunday Morning

Malcolm II. Patterson, former gov
erpor of Tennessee and member of
Congress from that state, will speak
mt the First Methodist church tomor-
row morning mt the IL O'Clock serv-
ice on "The Mind of n Nation,s and
MT 3 o'clock I'm the afternoon will
address a mass meeting mt the Lyric
theatre.
Ex-Governor Patterson is one of the
ablest and most brilliant speakers ever
produced by the Volunteer state, and
as a platform orator has no peer IN
the south and few in the nation
For the past five years he has con-
stantly been on the platform in the
interest of nationwide prohibition and
Is one Of the strongest and most elo-
quent opponents of this issue. He is
ore of the most ardent workers in the
patriotic dry rally being conducted by
the Anti-Saloon league, and the pub
ne or Birmingham is urged to hear
nm on Wartime Prohibition" step
toward constitutional prohibition.
John G. Woolley. Ii. D.. as a law
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-03-16
Knights of KhOrassan
Install New Officers

At a well attended meeting Of AL
addin Temple No. 1853, Knights Of
Khorassan, held at the Fraternal Hall
officers for the ensuing year We're in
stalled Following the installation G
social session was held and talks were
made by Judge Hugh c. Locke, Ches-
ter G. Bandman. d. w. c. Yarbrough
W. T. Parker and others. The follow
ing officers were installed:
Royal vizier, B. D. Meadows.
Grand emir, F. M. Jones.
Shiek, ]. M. Jones, Jr.
Mahedi, HI. NJ Taylor.
Recording secretary, Gene Reed.
Financial secretary. H. Key.
Treasurer. H. p. Lester.
Satrap, Roy Summers
Sahib. A. F. Hummer
Royal prince, Dennis Echols.
Royal prince, Charles b. Sharples.
Royal prince. Gene Reed