davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

CORN MARKET WAS
AFFECTED BY LABOR
OUTLOOK YESTERDAY
Oats Followed With Frac-
ti0nal Losses, While Pro-
visions List Was 12c
Off to 40c Up


Chicago, October righteousness and
lower prices characterized the corn mar
ket most of the time today, chiefly owing
to the complicated industrial outlook.
The close was unsteady at 1kc net lower
to nc advance with December s1.241z to
s1.24s4 and May s1.22ss to s1-221z Oats
finished a to &c down, and provisions
varying from 12c decline to rise of 4o
cents.
Although buying on the part of strong
ket from initial break, the announcement
that the industrial conference as hrst
constituted had quit and that the mine
workers had refused Secretary Wilson
strike set tlement proposal led to re-
newal of depression. Weakness Of the
stock market was also made much of
bearish factor. On the other hand,
knowledge that hog prices had recovered
from a fresh setback of % to 40 cents
had a tendency to disturb short sellers
of corn. Besides there was continued evil
dence of determination among farmers
and interior elevator owners not to sac
rifice holdings.
Oats averaged lower with corn. Be-
sides the longshoremen' strike inter-
ferred somewhat with seaboard demand.
Packers buying gave a general upward
slant to provisions.
The buying was said TO be based on
expectation that hog receipts would be
curtailed owing to the recent big shrink
age of values.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

position TO sell more freely and was ac-
copting bids below the asking prices.
The opening was / to 4 points below last
nights closing figures and active months
sold about IS to "a points net lower dur
ing the day, with December touching l5c
and May 1880.
New Orleans interests were said TO be
among the more prominent sellers, and
here was not much support in evidence,
with the close showing a net decline of
IS to 81 points Closing bids: October,
610c; December 1h.91c; January and
March, 1890; May, 1880; July and Sep
TENDER, Ice. Spot was reported in fair
demand at 16%G17c for Rio rs. 25s4@26c
for Santos As. Firm offers were irregu-
lar. including Santos at 26s4c and Rio Is
at 15.60Q16.50c.
The official cables confirmed yester-
days reported strike settlement at San
tos. The Rio market was unchanged, but
Santos spots were 100 refs lower and the
early cable quoted futures 125 reis lower
to so refs higher. with a later cable un-
changed to IT'S refs lower; receipts at the
two Brazilian ports, 5000; Jundiahy re-
ceipts 1900
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
FLUCTUATIONS AND
ACTIVITY GREATEST
IN MANY MONTHS
Feeble Rallies Occurred in
Late Hours of Wall Street
Tradings, Rails and
Tobaccos Leading

New York, october 23...Not in many
months has the stock market recoroeo
such violent fluctuations and extreme
activity as attended today's unsettled
session, the turnover running far IN eA
cegs of 100000 shares.
The tone was irregular to heavy a.
the outset. but soon strengthened on
further spectacular movements IN steers
and AFFILIATED issues at extreme gains o.
to Is points.
Meanwhile such recent faVorites as
motors oils. shippings and food shares
deyeloped increasingly heavy leiiooA
cies, contributing largely to the mar
slset,s complete reversal at noon.
All gains were effaced while the Sx-
tensive selling movement was under
wav. reactions from best prices OF ny
first hour hanging from to . polnVs'
In a number Of noteworthy Instances
overnight losses of to 10 points Were
registered.
Lacking more obvious reasons theIe
was a disposition among traders 70 a.,
+ribute the markets feverish course 10
the holt of the labor delegation from the
i,dnst,ial conference and to related IN
dustrial developments.
ON the surface nothing in the money
situation accounted for the marhet
yagaries. Call loans were freely mace
at Yesterdays minimum of B V per cen'
after opening at and some loans " ele
made at the unusually low rate OIL 2
per cent before the close.
Feeble rallies occurred in the las s
hour. the comparative strength OF islis
aud tobaccos inviting moderate buying
elsow here.
The recovery failed to hold, however
the market closing with many impor-
tant stocks only fractionaiiy oN1' INV
DAVIS minimum quotations.
To add to the days confusion Tor
eign exchange weakened, ltallan re-
mittances making new low fecciu H.
with concurrent declines in rates TO
Scandinavian centers.
Bonds were influenced by the coui 50
of stocks turning from early strength
TO heaviness later. Liberty issues "eie
irregular with the foreign division. 10.
tal sales (par value) aggregated s15,-
$4,000. Old United States bonds nm
changed on call
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Sugar Market

New York, October 23.-The local
market for raw sugar was unchanged
at 7.2sc for centrifugal to the refiner
New crops were firmer with a little
more interest shown by operators who
were credited with purchasing 10000
bags for May shipment at 7.20c from
Southside and 725c from Northside
fob. Cuba, and it was also rumored
that they had purchased some for Feb
ruary March shipment at 7.25c. 70 b.
Cuba Refiners, however, were still in
clined to hold off and await develop
ments The board reported no pur-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Bank of England

London, October 2S.-The weekly
statement of the Bank of England
shows the following changes: Total re-
serve. increased Ez5o.000: circulation
decreased e292.000; bullion decreased
F41,977; other securities increased
e541. 900; public deposits increased e44,-
$4,000: notes reserve decreased e242,-
900; government securities increased
S44,2SS,000 The proportion of the
banks reserve to liability this week is
1880 per cent; last week it was 1870.
Rate of discount, per cent
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Metal Market

By AssscIatcd Press
New York, october 23.-Copper weak;
electrolytic. spot and fourth quarter, 22@
22A; small lots secondhand. 2A- Iron
firm. No / northern, $500; No. northern,
50 90; No. ? southern. 5000 Antiupony, $40,
Metal exchange quotes lead strong. Spot,
SIS bid; December, $50 bill. 7.S5 asked.
Spelter strong, East St Louis spot, 40
bid, 7Se asked At London, standard cop
per spot elo2, IS Cd futs, e102, rs cd; cleo
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Money Market

New York, October S.-Mercantile
paper, 5a5lA; sterling 60-day bills, 4.13h
commercial 69-day bills on banks, 4.12h;
commercial 6oday bills. Alp; demand,
4. 151; cables, 4.16A; francs demand. $50:
cables, SIS. Guilders demand, 81 GIG:
cables, S7A; lire demand, 1912; cables,
1910; marks demand, 1916: cables, Sss.
Government bonds Irregular railroad
bonds easy. Time loans easy; 90 and &c
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Hubbard Bros. & Co.

Cotton Merchants, Hanover Square, New
York Members New York Cotton Exchange,
New Orleans Cotton Exchange, New Work
Produce Exchange Associated Members Liv
erpool Cotton Associations. Orders solicited
for the purchase and sale of Cotton and
attention and liberal terms given for con-
Segment of spot cotton for delivery. Cor
res pondence invited.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Bank Of Franco

By Associated Fre1-
Paris. October 23.-The weekly-state-
ment of the Bank of France shows the
following changes: Gold in hand. in
creased S17,306 francs; silver in hand,
decreased 1.O36.S56 treasury deposits
increased s,676.02S; general deposits in
creased 267,97I2SS; notes in circulation
decreased 30,691,0 6o.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

days and six months bid. Bar silver
11Sss. Mexican dollars, CSC.
London, October sS.-Bar silver. Gs's
pence per ounce. Money 2ss per cent; dis
oonnt rates short bills AS per cent; three
months bills, 4ss per cent. 4 u
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

,o.ytie spot. els; futures. el9o Tin spot
Csc 2s Ga; fatres, e2Si 2s cd. Lead spots,
$50 los; futures es1 IS. spelter spot, SIS
los: futures, e45 l5s
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Rice Market

New Orleans, October 23.-Rough rice
strong: sales, Japan, 22i sacks at 11.oG1
l5oc: blue rose 100 sacks, l0.5VJl1-33c;
Louisiana Pearl, = sacks, at 9.5odll.Soc:
receipts, 6466: mllers, 1898. Clean rice
strong: sales, Honduras. 6ISo pockets at
6AM2asc; Japan, e47 pockets at 5ss4ll1ac;
blue rose, 1928 pockets at 5asa117sc. Bran,
per ton, s45.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Produce Market

Chicago, October 23.-Butter higher
creamery, 5o6I65c. Eggs. lower; receipts,
36S5 cases: firsts. 5512d57c. Poultry, alive,
higher, springs, &c; fowls, 16q24c. 3
New York, October 23.-Butter unset
tied. receipts. 14,729 tubs; firsts, 59dSc.
Cheese firm; receipts, 559s boxes; average
run, ?lIs1s4c Eggs irregular; receipts
1893 cases firsts, 61G64c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

chases. The market for refined was
unchanged at &C for fine granuiated
with refners still handicapped by a
lack OF raw supplies.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Chicago Futures
Cash Grain

BY Hss6tIattd Fft5s -.
ST. Louis, October 23.-Corn, No. ,, sl.aSl2
a.. 40: No white. As: December. s1.ssa4.
oats, No. 2, nc; No. white. 711sdI2c; De-
ccmber. re.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

Baltimore & Ohio con. 41ss $50. 70A
Bethlehem Steel ref SIS ......... jSSB
Central of Georgia cons. 5s $50. So
Central Leather IS ............. 97k
Chesapeake G. Ohio con. 5s ...... 81
Chi. B. G. Quincy joint As $50. 95&
Chi, Mil & ST. r. con. 4As $50. 75
Chi. r. I. & Pac. Ry. ref. As -. 6SA
City of Paris IS ............-.. 36as
Colorado & Southern ref. AVS -. so
Denver & Rio Grande ref. 5s. bid 5Sis
Dominion of Canada IS (1931)... 95ss
Erie gen. As ........... ASA
Illinois Central ref. As. bid 1888. s,
Int. Mer. Marine 6s-.. 81
Kansas City Southern ref. 5s -. 80
Liggett & Myers IS, bid ...... 90
Louisville & Nashville un. as -. S+7s
Missouri. X. & T. LIST As. bid. 60
Missouri Pacific gen. As ........ So
New York Central deb. 6s ...... 9i3s
Norfolk & Western con. 6s $3.50. 1851
Northern Pacific As ........... 1871
Pennsylvania cons, AVS ........ 81
pennsylvania gen. SIS ........... 331s
Reading gen. As ................ sag
Republic Iron & Steel SIS Gs40). 94%
ST. Louis & San Fran. adj. 6s.... 60
Seahoard Air Line adj. IS 1880. 47A
Southern Bell Tel. IS i.......... S91s
southern Pacific con. Is ...-.... 109A
southern Railway IS ......... SSM
southern Railway gen. As ...... G4k
Texas Company con. 6s ...... lo4
Teyas & Pacific 1st ........ ssis
I7nioa Pacific As ............. S5A
hi S. steel IS .................. o37s
lvirginia-Caro. Chemical 5s. bid. ,3A
Wabash list ...............-.... 1873
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
How Liberties Closed
n A,,eeiaies Press

New York. October 23.-Closinl:;
prices today were: SLxss 1OO.6O;
first A., $3.50, second 4s, $3.50;
first 4Hs, 9S.42; second Ans. 1916;
third AS, 05.42, fourth 41As, 93.5f;
Victory 3As, 99.66; Victory 4AF.
$500.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

Based Upon Maturity Value of los.

fm the the
)
t n thereof WILDE
from all i in nanned dbv the
in is ne rdomcled norudrrl
0 ewary formaiies
TenYa Bonds 14ndLn PrCe
Y Ab Per Cent
due tme wi be payable a & n New
Temporal goe 0 tst viii be
ABANKNs
-
NATIONAL BANK OF ''
eISH1A oSN iAo' ~o"NN' 1 " an
A
sElIc
lDDERP EABoD
ussnL KnNuc CO. HIT wELD& co
fs 1 TRUST AND ssfs %
m SAVINGS
FIRST ssA71os BANK THE sH 1sysT 81 ss.
iasIa CENTRAL TRUST AND SAVINGS BANK Ne" os.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Coffee Market

by NSSOCIutcU sTc1S
New York, October .3.-The market Tor
coffee futures was easier today, owing
to reports that Brazil was showing dis
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
Potato Market

BY Aasecistsd Prcp
Chicago, October z3.-Potatoes stee q y
arrivals 81 cars; Northern sacked AZ
bulk white. ,25a2so; early ohios, s.B
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24

$3.50, 100000
United Kingdom of Great Britain and Ireland
TenYear rCentC dBond.Du Augu.t11
Dated November l, Lne1et PayabeF land August
DmecOb Egaio fue Covrnm
that t alesm sanLsn
nC Connect t and ht
r d Interest hh he fife Of Mg& Go
wnon Deduction f Any M Present Future
sof1 bonds
be determine & the OF
bpt
securities be era and
the
a
gatmay Ftry1,1 and
g.
l. l. Of
sion d n
contn WILDE
poundS Principal O hN ion Bnd for ecS1O 0Opnncp
sion arangeme and
sion OF gi b Mga & G. in O. the treasury
al o ano acivy traded il non tn
q fnda9s s which
0 cent shows amounts which
ona Wa Pc
in ne d TIA O n a mtt and the
t o echang
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-10-24
LOCAL SECURITIES
BANK STOCKS.

Bid Asked
Amer. Trust & Savings Bank. .l9O AS
Bham Trust & Savings Co. .....275 go
First National Bank............2S0 295
Traders National Bank....s.....l25 ls5
INSURANCE STOCKS.
Great Southern Life Ins. Co.. 10 ID
interstate Casualty CO. ....... 5
southern States Fire lns. Co.. Ia
Protective Life Insurance Co.. IL ID
LAND AND BUILDING COMPANY
STOCKS.
birmingham realty co. ....... 10 liz
@Aanner OF Commerce pfd. go. 70 -
i.lmwood Cemetery Corp. ...... - 81
empire Improvement Co. pfd.. 100 10
i.HlPire Improvement Co. COM. 70 30
i-hsiey Land Co. ...............lOO 10
Fairfield Land Co. .........T 90
North birmingham Land Co.. ~ 30
INDUSTRIAL AND MISCELLANEOUS
STOCKS.
Alabama Co. common ......... 81 80
Alabama Co. 1st pfd. ..........7S So
Alabama Co. I'd pfd........... Il is
-Aiabana t. & l. Co............ 81 50
American bakeries Co 100 ITO
ANondaie Mills common ........S4O $50
ANondale Mills. pfd. ..........,l e5 ITO
Bessemer c., l. x L. CO. ..... IS IS
LEAN Maearoni 70. s............leo 40
Is r.. l.. & p. common ......... 10
i r., L. & Z. pfd. ............. 10 %
Continental Gin Co. ...........240 PAS
jefferson Fertilizer Co. .i65 $50
l. j. q l., common. % 6S
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-11-22
WILL INCREASE
CAPITAL STOCK
Sumter Trust Company viii In
crease Capital Stock From
- $4,000 to 100000

At a meeting of the share holders
of the Sumter Trust Company held at
the banking house Of the company
on the 18th day of November, it was
determined TO increase the capital
stock from $4,000 to 100000. The
present stockholders have been re-
-,luested to waive their right 20 one
half Of the increased stock to which
they are entitled, which. will leave
$4,000 in stock TO be distributed
among new share holders.
The new stock will be sold Tor
$3.50 per share. the present book
value of the stock, the par value OF
the same being 5000.
There are already a number OF ap-
plicationS for the $4,000 of stock to
De distributed among the new stock
holders: but the matter will be left
open until December 5tl for ali the
friends and depositors Of the SUM-
ter Trust Company to make appilca-
lion to the company for such stock
as they may desire. This will be dis
sributed as will best subserve the in
crest of the company. No application
will be considered after the date
mentioned.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-11-22
COAL FAMINE
DRAWS NEAR

Washington, Nov. 19-Prospects OF
4 coal famine drew nearer tonight
with negotiations between operators
and miners apparently at standstill.
y subcommittee of the joint wage
scale committee was in session three
:luurS but it was announced after the
meeting that only the general sit!l:-
ion was discussed and that the op-
orators did not submit counter pro-
poS;tls TOT he miners demands. The
conference will continue tomorrow.
NO progress was made. The opera
,ors submitted no proposals. We are
still in a receptive mood said john
i. Lewis acting president OF the
! 'nitcd Mine Workers. as he came out
nf the hotel room where the confer
encc was held.
The operators committee remained
in session an hour longer. At the end
of that time. Thomas +. Brewster.
chairman of the operators committee
in the central competitive fields. spoke
enthusiastically. declaring that this
was The first attempt at real nc@o-
tiationS since the miners and opera
orS met 1T Buffalo. For that reason.
he said. only general matters We're
discussed.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-11-22
Income Tax Forms.

Plans for the issuance early in De-
cember of forms for filing income and
excess profits tax returns are being
made by the Bureau of Internal Reve-
nuc. Taxpayers will thus be given
:he opportunity of making out their
returns Immediately upon the closing
of their books for the year 1919. when
accurate knowledge Of their accounts
is fresh in their minds.
AS convenience to themselves and
as a means OF eNpediting the work of
the government. taxpayers are urged
by the Bureau in a statement issued
today. to avail themselves Of this op-
portunity. The period for filing is
from January l to March Is, 1920.
II the tax is paid in quarterly in
stailments one-fourth Of the amount
must accompany the filing of the re-
turn.
Form 1O40-A will be used for filing
individual incona@ tax returns of So
800 and less. and form 1910 for filing
returns of income in excess Of that
amount.
The normal rate of tax for 1919.
provided for in the Revenue Act Of
1918. is 4 per cent on the first $4,000
above the exemptions. and per cent
on the remaining net income. The
tax for 1918 was and II per cent
respectively The surtaX rates. which
range from per cent on the amount
Of net income between $4,000 and
$4,000 to Go per cent of the amount
by which the net income exceeds ST.
100000. are the same as for the year
1913. The exemptions of $1,000 for
single persons and $4,000 for married
persons and heads of antilles remain
These rates apply to every citizen
and resident Of the United States
Alien nonresidents receiving income
from sources within the United
States are subject to the full tax of
s per cent on such income <in excess
of the exemptions.
Form 1041 will be used for filing re-
turns of iduciaries. Form 1865 for
and personal service cor
oorations. and Form 1920 for corpor-
ations.
Announcement will be made of the
date on which the forms will be
available at the offices of the collector
of internal revenue ana branch Of
fees
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-11-22
Lessons. OF The War.

Washington, Nov. 19.-England has
learned some lessons from the world
war which it would be well for Amer.
leans to consider in the light Of pres
ent economic disturbances, according
TO a bulletin from theN Washington
headquarters of the National Gee-
graphic Society. sss.s
The greatest lesson the British
people have learned from the war i,
that of consumption" says Judson g.
Welliver, writer of a COMMUNICATIONS
on which the bulletin is based.
They have acquired the habit OF be-
They have learned how to spend
their money carefully, sanely, ztfrift-
lily. They have learned to save; the
isond-selling campaigns have taught
that. Thrift came from ebriety. se7
rious-m -mindedness, and the necessity
Of stretching all supplies To- make
them go round. Money ceased te
mean so much when one, though he
had a bushel of bank notes, wasn't
allowed to spend more than one
and-thrippence for afternoon tea,
with other meals in proportion.
Britain has the idea that this
world has seen the last Of overpro-
duction. It has become convinced
that the real difficulty that gets
things out OF economic keller is urr-
der-consumption. SO it proposes that
the ladies shall keep on working. the
men shall join them, and arrange
ments shall be made for such a dis>
tribution of their joint product that
there will be no overproduction.
London was ful Of great houses
vacant when the war ended. Income
taxes did part of it, the fuel controll-
er much. Who wanted 40-roorn
house when the coal administration
allowed only fuel to heat seven rooms
and when servants could not be had
at any wage? So today many Of the
there is a scarcity of middle-class>
houses; palaces are too expensive,
novels. no longer good enough.
"a better race of British men and
women will come out Of this war.
Notwithstanding the physical misfor-
tune to the race of having SO many /,
of its best men killed or MANNED,
Britain will gain vastly more, than it
will lose through the training. dis
cipline, and physical Improvement Of
its manhood; through teaching re-
lance. self-respect, realities. true
values The world will gain greatly
by a renaissance in Britain of spir-
it that made Britishers its pioneers,
colonizers. civilizers. administrators.
And that renaissance has been
achieved
Not again will Britain permit it :.
self to be dependent for it's daily
bread on the uncertainties Of impor-
tation. Agriculture is become chief
object of national solicitude, and will
remain so. The 1915 achievement
would not have been so striking in
normal conditions as to labor, ani-
mails. implements. fertilization, and
the like: but in the circumstances of
its accomplishments it was one OF the
wars wonders. :"
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-11-22
slsGAR osTAiNARlE
ONLY IN SMALL LOTS
Purchases for. Household Use Limited
81 Foad Observation-Disclosures Can
BE Secured for Canning and Pre-
serving.

Golumbia-Under new regulations
issued by the Food Administration
and which have already gone into eff
fectt, sugar for household use cannot
be espurchased in larger lots than two
pounds by persons residing in cities
and towns. or in larger than hye
ponnd lots by persons residing in ru-
raj sections These new regulations
have been rendered necessary by the
sugar shortage, which has become se-
rious. It is unlawful for any dealer
to Violate this rule, and the serious
mass of the situation as regards sugar
calls for the most rigid economy in
fits use.
For canning and preserving fruits
and vegetables. which is regarded as
very important by the Food Admins
tration. sugar can be obtained in lots
unto Is pounds. but not more than Is
pounds will be sold to any one per
som in any one month for canning
ard preserving.
tits necessary, in order to obtain
aNgar for canning and preserving pur-
poses. that the purchaser sign q
n.eage blanks for which tno> dealer
has en- hand, these being furnished
blythe Food Administration. The pur-
chaser pledges, himself to use the
sugar so obtained for canning and pre-
serving purposes only. and to return
to the dealer any portion Of the sugar
not used for such purpose. sDeales
WiIIStrictly enforce this rule.
TIE public is urged by the Food Ad-
nsiaistration to save every possible
spoonful of sugar. There is none to
waste. AS matter OF fact, the sugar
situation is serious. Cuban deliveries
have, been shorter than were expected
Consumption has been larger. Sub,
marine losses have been heavy. and a
reduction Of sugar co. sumption all
a]eng the line becomes absolutely nee
essary, says the Food Administration