davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-10-31
ATLANTA RESERVE BANK

Statement of resources and liabilities at close of business, October 29, 1920.
 Resources Gold coin and certificates in vault, SC, 434, ,325. .12; gold settlement fund S, ,545, ,S25 Is. gold with foreign agencies. S, ,269, ,42.46; gold with federal reserve agent, s64,667 ,640.00; gold redemption fund, s6 75S 605 13: total gold reserve, $SS, ,l0S GOT S6 legal tender notes, silver, etc, sl,6l6 454. e5, total reserve sS9, 119. 4s2.l1; bills discount ed. secured by government war obliga- tions S6S 960 559.13; all other, S1, ,71l, ,79l S6; bills bought in open markeet. s2. 253, ,S13. 96; total bills on hand sl42.925, ,704 45: U. $. government bonds, sl137o0.oo. U s. Vic tory notes, S2,900.00; U, S. certificates of indebtedness sl5. .665, ,754 55: total earning assets, $l5S, 70S, ,059.00 bank premises, .S624.- u5s. .Sl; uncollected items and other deduc- tons from gross deposits. s2s, ,sS5, ,sS3. .GS {; 5 per cent fund against federal reserve bank notes. $502. .550G0; all other resources. S215 693.0S; total resources, S279, ,105, 15S.63.
 Liabilities: Capital paid in $5,959. .7000o surplus, g, ,o50, ,o0000; government deposits. Si3S, 425.61; due to members reserve ac- count $49, ,2S2. 937.2I; deferred availability items, $233, ,307. .975.6i; other deposits. includ- ing foreign government credits. s3l4. .596. l5; tota, gross deposits, s73. S43 93i.73; federal reserve notes in actual circulation, $177,- 7ss. .Ss0.00: federal reserve bank notes in actual circulation. HS.933. .o0; all other liabilities. s3,0S4. 2s.9o: total liabilities, s27s, ,l05, ,753.G3.
The Birmingham age-herald., 1920-10-31
New Orleans Cotton

bN ASSOClatcu FreSS New Orleans October 30-Trading in cot ton today was first at the decline, after which the market reacted rather sharply for a short weekend session, and went to higher levels. mainly on covering by shorts, who wanted their profits, al though some new buying came in on the frosty weather in the eastern belt, pros poets of more frost there tomorrow morning and the outlook for rain and much colder weather in portions of the western belt.
 Early declines were partly due to liquidation of long contracts and partly to selling which had it's foundation in the unsatisfactory tone of general com mercial and financial reports. After De- cember traded down to .91c and the list stood at net losses of 9 to 31 points. the demand increased, and December finally sold as high as 20.46c. at which level the market stood at net gains of IS to 2S points. The close was net un- changed to 19 points higher on the day, with December at c0.S7c.
 There will be no trading in this market until Wednesday. both Monday and Tuesday being legal holidays. On We'd nesday the market will open at the nor nal time of g o'clock. according to the going out ct effect of daylight savings laws
The Birmingham age-herald., 1920-10-31
WEEKLY METAL
By Associated Press

 New York October -Readjustment of , steel prices has become so radical that many large interests are completely at sea as to future policy. Judge Gary s plea for lower quotations, the absence or new business and sharp slumps in fuel costs have practically upset the confi- dence of the makers in holding prices in any way steady.
 The downturn is becoming more pro- nounced each day, while operations and shipments made strides to normal status.
 Revision of pig iron prices IS now go- ing into effect more noticeably with rao- ical cuts by the large operators as a result of break in coke. From the " basis early this month, coke has receded to s11, while pig iron prices have aumped 5 to $10.
 In copper it is claimed the market now prevalent is not alone below the pre- war level, but under the cost of produc- ton the market has grown very weak, Demand is stagnant and the undertote sluggish Producers are not offering. The open trade is shading substantially without interesting buyers.
 Tin is the firmest of the .non-ferrous metals. The settling of the Brltlsh coai miners strike and rapid recovery or London prices were responsible for corresponding upturn here. The spot mar ket is not as strong as futures owing to large stocks on hand
 Expressing the belief that lead imports will increase now that London prices ana stirling are steady. the largest domes- tic makers hold prices 714c pound New York, though the open trade IS offerinS concessions of i2c. The latter IS gettins little business, but the large sellers re- port inouiries for next month.
 The suspension of zinc reduction is over, and the curtailed output has not vel shown any bolstering influence. Dullness continues and prices are repeatedly marked down without takers.
 Anthony is quiet and unchanged.
The Birmingham age-herald., 1920-10-31
CLEARING HOUSE BANKS
Rx Associated prAss

New York October 30.-The actual con- dition of clearing house banks and trust companies for the week shows that they hold $13,995O 900 reserve in excess of legal requirements. This is an increase of S37, ,s72, ,270 from last week.
 The statement follows:
 Actual condition:
 Loans, discounts. etc. decrease $6l,- 74s 900.
 Cash in own vaults, members federal reserve bank, decrease $3,S27, 900.
 Reserve in federal reserve bank of member banks, increase $37 ,049,o00
 Reserve in own vaults: State banks and trust companies. decrease $13,00o.
 Reserve in depositaries: Sttae banks and trust companies. decrease $5S.OOo.
 Time deposits, decrease s17,4lSooo.
 Circulation, increase S900o0.
 Aggregate reserve, $552, ,655, 600.
 Excess reserve, increase $37 g72. .20.
 Summary of state banks and trust companies in Greater New York, not in- cluded in clearing house statement: Loans discounts, etc, decrease $5l7,W. Gold, decrease s34,soo. Currency and bank notes, decrease $1SS, 900.
 Deposits with federal reserve bank, New York, decrease N. 700.
 Total deposits. decrease $, 4s9 200.
 Total deposits, eliminating amounts due from reserve depositaries and other banks and trust companies in New York City and United States depositaries, in- crease s916.OOo. Banks cash in vault. s25, ,4S3,1Oo. Trust companies, cash in vault, sSo, 69e 900.
The Birmingham age-herald., 1920-10-31
FEDERAL RESERVE BANK
By Associated Press

Washington. October 30.-The cor-
 dition of the twelve federal reserve
 banks at the close of business, October ! 2s, was as follows; Resources Gold and gold certificates, s164S49,- 000 Gold settlement fund, federal re- serve board. $416,163, 000 i Gold with foreign agencies, $746S6, 900. Total gold held by banks, $655,s9 000 Gold with federal reserve agents,  Gold redemption fund, SIP, ,504, 900. Total gold reserves, $2,0O3, 320, 900. Legal tender notes, silver, etc. SEA- I71s,ooo Total reserves, $2,16S,03S,0 1000. Bills discounted, secured by govern ment war obligations. s1,203, so5. 900. Bills discounted all other $1,597,-
 4e2,ooo Bills bought in open market, s2sS,- 375o
 Total bills on hand. $3,09e,s72, 900. United States government bonds,
 s2s. ses 900. United States victory notes ss,ooo. United States certificates of inJebt-
 ness. $269, 900. Total earning assets. $3.396,043,O00. Bank premises, 5.993, 900. Uncollected items and other deduc- i itions from gross deposits, $742,976 900. Five per cent redemption fund against federal reserve bank 1otes, $12,s54. 900. All other resources, $5.703,000. Total resources, $6.341 .607 900. Capital paid in, $97,753,o0o. Surplus. $164,745,000. Government deposits, $1S,754.0oe. Due to members, reserve acco1 mt, $1,8 ,805, 661, 900. Deferred availability items, $571,so5,-
 900. | Other edposits, including foreign government credits. s21, 307o Total gross deposits, $2,417.529. 900. Federal reserve notes in actual cir culation. $3.351 s03, ,Oo0 Federal reserve bank nots in :ircu- lation, net liabilities, $214.961, ,o0o All other liabilities, $95,316000 Total liabilities, $6,341 607,O00 Ratio of total reserves to net deposit and federal reserve liabilities com bined, 43.1 per cent. Ratio of gold reserves to federal 1e- serve notes in circulation after setting aside 35 per cent against net deposit liabilities, 47.2 per cent.
The Birmingham age-herald., 1920-10-31
WEEKLY DRY GOODS
By Associated Press

New York, October 30.-Very light sales at the lowest prices still characterize the cotton goods markets Wide sheerrngs off, fered for delivery in November, December and January by the largest producers were taken up to the extent of two-thirda of the offerings, while bleached muslins have sold in a moderate way. Percales have not moved to any extent owing to the reluctance of the larger producers to name new prices while the demand for spring goods remains dormant Yarns have declined to lower levels, and many sheetings are now quoted at the lowest prices touched this year Fine combed yarn goods continued to weaken in price, the demand being negligible. Joobers have been conducting forced sales at low prices to meet the readjustment of prices in primary channels The mills are giv- ing notice daily of a purpose to curtaii production, this week some of the large southern plants having decided 70 go on half time or to stop for an indefinite pe- riod, beginning Saturday.
 New England mills in some centers are opening at half capacity less. In the effort to meet the very low prices cur rent for cloths, some mills have reduced wages from 10 to g per cent In New England the wage question will come up for discussions before manufacturers next month and union leaders aru already giv- ing notice thta they will resist any reduc- tions. The current wage agreement pe- riod expires on December 6. Knitting mills are generally reported as running to about half capacity. The hope is ex- pressed in the trade that some revival will be noticed soon after election day.
 Prices follow: Print cloths. 8-inch. 4xe4s, Sc; 64x6os, TAG; &14-inch. 64dbis. Io1sc; brown sheetings, southern stand ards. 17c; denims 321zc, nominal for IDS; tickings, 40c, nominal; staple glnghams, 2oc, uprints, 2sc, nominal; dress ginghams' 251Z71hc. Nearly all finished goods prices are being shaded in second hands.
The Birmingham age-herald., 1920-10-31
TONE CF THE STOCK MARKET YESTERDAY WAS F|RM TOSTRONG
Latest Turn of Events In the Mexican Situation Con- tributed to Southern
 Pacific Strength
By Associated Press

New York, October SO.--Stocks were firm to strong in the early stage of today's brief session, a moderate inquiry for the more representative rails, shippings and oils imparting stability to related is sues.
 The latest turn of events in the Mexican situation contributed measurably to the strength of Southern Pacific and one of it's important subsidiaries, Associated Oil, American Smelling also benetiting for similar reasons.
 Further buying of United Fruit at a substantial advance evidently had it's basis in the belief that action upon the dividend ought to be taken at next week s meeting of the directors. Steels, equip ments and other industrials of the class most often favored by speculative inter- ests were more or less neglected, while motor specialties, particularly rubber is- sues, yielding to pressure, induced by ad- verse trade conditions. An irregular tone ruled at the close.
 There was little in the day's news to change sentiment from it's recent pes sisims. Comment on business prospects by the commercial agencies referred to an expansion of the retrograde move lnent, and foreign exchange was weak, reflecting disturbing industrial advices from France and Belgium.
 The clearing house statement was 1aV- orabe in that an increase of almost ySs,- 00o0O0 in actual cash reserves effaced last weeks large deficit, and left an excess of s14,00OOoO. Another constructive item was the further reduction of actual loans and discounts by almost s62,oo0,o0o, a total Of about $153, 100000 in the last fortnight.
 Liberty Bonds and other active domestic issues were steady. In the foreign di- vision Mexican 5s were the strong feature European issues showing little alteration. Total sales. par value, $6,675,000. Old U. $. bonds were unchanged on call for the week.
The Birmingham age-herald., 1920-10-31

Chicago, E. & Quincy joint Is ... 96 ls Chicago, Mil. 6S St. P. cv. 45as ... T37s Chicago, R. I. & Pac. Ky. ref. As. 6SEs City of Paris 6s ......... 951s Colorado & Southern ref. 46s, bid 75H Eenver S Rio Grande con. 4s bid e6A Dominion of Canada 5s 193D... 90A Erie gen. As ............,...... 4SA Illinois Central ref. As ......... 76ls Inter. Mer. Marine 6s ......:. SOFA Kansas City Southern ref 5s =. 74S Iiggett x Myers 5s. bid ...... sS
 Lcuis & Nash. un. 4s, bid .... S1 h Missouri. Kan. & Texas 1st 4s ... 621S Missouri Pacific gen As ...... STA New York Central deb. 6s .... 9TA Norfolk & Western cv. 6s ..... 1O5 F Northern Pacific As ... 78B Pennsylvania gen. 5s ......... 9l A Reading gen. As ............ S6
 Republic Iron & Steel 5s G940) 8SM St Louis & San Fran. adj. 6s .e STE Seaboard Air Line adj. 5s 40
 Southern Bell Telephone 5s, bid S1
 Sc cuthern Pacific cv. 5s ..... 10S5s Southern Railway 5s .....s...... go
 Southern Railway gen. As 62
 Texas & Pacific 1st bid ........ ST # Union Pacific As ............ 80A United Kingdom of G. E. &s I.
 5Hs (1937) .................. 87h L. & Steel 5s 93E Virginia Car. Chemical 5s, bid. 92
 Wabash 1st S9 Wilson X Co. cv. 6s ............ S61s
The Birmingham age-herald., 1920-10-31
WHEAT MARKET WAS |ERRAT|C ALL DAY IN THE CHICAGO PIT
Oats Sold at Best Price of the Week, But Gain Was Fractional on Light
 Trading
By Associated Pres,

Chicago, October 3O.-The wheat markee was cratic all day, and the final sinking spell was due to unloading by pit longs. who bought earlier on the corn strength. Last prices were 1sc to 1Ac lower, with December s2.oS1z to F .0s and March s2.O2 t3 s2.02A. Corn was up &c to 1Ac; oats were 5sc to 5sc higher and provisions were generally lower. prices ranging from un- changed to Sc down
 Interest in the wheat market was the lightest of the week. Business was main ly of local character, and the price ranged within an advance of 1c and a loss of a like amount, with the close a fraction lower than yesterdays finish.
 There was an absence of seaboard buy ing to any extent, but there was enough absorption on weak spots to steady the market The report that the Argentine market was off %, and that the price of flour had dropped 10c per barrel, were the chief influences. Seaboard reports did not hold out any encouragement for export business for the next few uays, and news on the farm strike continued to be conflicting.
 Heavy short covering was noted in the corn pit throughout the session, owns to the improved shipping demand and lighter receipts. The close was at the best prices of the day. Reports of char ters to move corn via the gulf were in fluential in advancing prices Trade was oRly moderate
 Oats sold at the best prices of the week today and closed at the best ot the day. Tie gain, however. was only fractional as the trade was light
 There was only a moderate trade Tn provisions and confined mostly to lard, of which offerings were quite free, but buyers scarce.
The Birmingham age-herald., 1920-10-31
Money Market
By Associated Press

by ASsUcI.ItPU EFtbS
 New York, October 30.-Prime mer- cantile paper 8. Exchange weak sterling e0-day bills, 3.39A; commercial 60-day bills on bank 3.39A; commercial 60-day bills,- 3.3s%; demand 3.43& cables 3.44A. Francs demand 6.29 cables 6.31; Belgian francs demand 6.67 cables 6.69 Builders demand 30.35 cables 3O.45; lire demand 3.70; cables 3.72. Marks demand 1.29; cables 1.30 Greece demand $50; New York ex- change on Montreal s7a per cent dis count. Government bonds steady; rail road bonds steady.
The Birmingham age-herald., 1920-10-31


 New Orleans.--Middling .50c: receipts. l54Ss; exports, s,4s9; sales, 5U stock, 2S5, PIP.
 Galveston-M -Middling. 2lesc: receipts 30 S3S; exports, S,55s; sales, 1.6o0; stock 355, ,9f0 s Mobile Middling, 2lc; receipts. 15s; stock, 5.g78. s,3ss; sales. 24; stock, 10s,s11
 Charleston--Middling, 21c: receipts, 6Oi stock, 234 or. Wilmington Middling, eo5oc; receipts s59 stock. 33515. Texas City-Stock, 5,720 Norfolk-Middling, 21c: receipts soo; sal les 193; stock 34,1 ,196. Baltimore-Stock 2S16 Boston-M Middling. 22.20c; stock, l5,0O0 adelphia-Middling, 2225c; receipts 6l: stock. 4,s22.
 New YorkMiddling. 2c; exports. 900; stock. 52,5S0 Minor ports-Stock. 1916. Total today-Receipts, 5l,7s5: exports f7,s52; stock. 1,e11. .0s7. Total for week-Receipts, 5, ,s11: exports, e,7s2.
 Total for season--Receipts. 1.57o5l7; ex- ports, 1,0N.240
 Interior Movement
 Houston-Middlins, 20.75; receipts, LAS; shipments. 13.s49; sales, 4,S7o; stock BIC, ,sS4
 Memphis Middling, 2lc: receipts, 5I4s shipments, 2,9s4; sales 1,O5O; stock. 27s 22l Augusta Middling, 21.75; receipts 2.44s shipments. 1,l15; sales 6; stock 110ssS. St. Louis-Middling, Pic receipts. 970; shipments, 1.oo6, stock. 11,413.
 Atlanta-Middling, 2l.25
 Little Rock-Middling, q; receipts 2,1T, shipments. 1,52l; sales, 1,52l stock 36, ,26l. Dallas Middling, 20. 70c. Total today-Receiptsw mfwycaoinu ntgomery-Middling, 2lc. Total today-Receipts 22,s32: shipments l9.sS5; stock, s4S.117.
The Birmingham age-herald., 1920-10-31
Danger From Mines Rv AcsnciAfesl RnAsa

The Hague, October 10.-There Is still danger on the Dutch coast from mines laid in the war. Though ths (.e erman and Dutch navies are working
 hard to clear away the extensive mine
 fields which were laid along the north coast or isr'sia. great number of
 mines are stiu afloat.
The Birmingham age-herald., 1920-10-31
Cotton Seed Oil

--.. j, New York. october 3O.-Cotton seed was higher in the face of the poor showing on lard and cotton, owing to covering for over the weekend and light pit or ferngs Closing bids were to 10 points net higher Sales, 1,40o barrels Crude oil was easy. Prime crume 7.15⪼ prime summer yellow, spot, 10. soc; December. u.l2c: March, 11.5Sc: May, 11.7oc, all bid. Prime winter yellow and summer white nominal.
The Birmingham age-herald., 1920-10-31
Famous Castle Burns
By Associated Press

ny <tsSocfatcu T Eess Salzburg, Austria, October 10.-7Schloss Fischborn, one of the most famous cas- ties in this part of Europe, has been de- stroyed by fire It was a rebuilt four teenth century building belonging to Prince Johann Leichenstein, and con tained a wealth of art and historic ob- jects.
The Birmingham age-herald., 1920-10-31
Liberty Bonds By Associated Press
London Money

London october S0.Bar silver S219d per ounce. Money 5 per cent. Discount rates, short bills, 51Asd57s per cent. Three month bills 6d6 1-16 per cent.
The Birmingham age-herald., 1920-10-31
Chicago Futures
Cash Grain Du Associated pYaSS

Chicago October S0.-Wheat. No. l hard, s2.17s
 Corn, No mixed, ss1zNl9oc; No. , vel low, 9oAd91Ac.
 Oats, No white, 5sA&56Ac No. 3 white 54a@55Ac.
 Rye, No ?, sf.75; barley, s1.06; timothy seed s5ds; clover seed, $12G20.
 Pork, nominal; lard, sls.o6; ribs, s14a15.
 St. Louis, October 3o.-Cash wheat, No. 2 red winter. s2.S0; December, 2u; March, s2.02Ac.
 Corn, No. white, soc; December S5Ac; May. 901sc.
 oats, No. ?, white. 5sc; No. 3, 551a056c; December, 551a0D603sc.
The Birmingham age-herald., 1920-10-31

Construction of 800 dwellings, for sale or rent. and the appointment of a housing commission, has been de- cided on by the Toronto city council
The Birmingham age-herald., 1920-10-31
Hubbard Bros.

By Associated Press
 New York, October S0.-The market was weak on the opening this morning, considerable reselling appearing from some of the early buyers in consequence of a dispatch from Manchester to the effect that cancellations were so nu- merous that meeting had been called for next Thursday to discuss the situa- tion This accounts for the heavy sell
 ing in this market from Liverpool yes- terday. Pressure from the south. how ever, was not heavy and the market re- covered much of the early decline to.
 ward the middle of the session. We ma
 curtailment increasing in the New Eng
 land mills and the weekly report or the
 mercantile agencies does not show any
 improvement in the demand for sooos throughout the country. The local feel
 ing. however. is that the market is likely to recover now from declines, and
 there is therefore some local specula-
 tive buying on such breaks. We re- eret to say that we do not yet see that |imrrovement in general business which
 would lead us to believe the decline was
 permanently over. Hubbard Bros. < Co
The Birmingham age-herald., 1920-10-31
Spot Cotton

By Associated Press
 New Orleans, October 30.-Spot cot ton quiet, 50 lower. Sales on the spot 207; to arrive 300. Low middling 15.25; middling 2050; good middling 225O Receipts and stock later.
The Birmingham age-herald., 1920-10-31
Hubbard Bros. A Co.

York. Members New York Cotton Exchanes
 New Orleans Cotton Exchange. New Yort Produce Exchange. Associated Members L:s. erpool Cotton Association. Orders solicited for she purchase and sale of Cotton and Cotton Seed Oil for future delivery. Slyzcial signment of spot cotton for delivery. Con,
The Birmingham age-herald., 1920-10-31
Shot. Coffee
Coffee Market

By Associated Press New York. October 30.-Spot coffee S1h
The Birmingham age-herald., 1920-10-31

By Associated Press New York, October 30.--The market TOT coffee futures furnished a sensation to- day in the shape Of an advance of more than 1c a pound An opening advance of 50 to 75 points, in sympathy Wltn pronounced strength in the Brazilian mar kets, was quickly followed by support from number of important sources which gained headway as the morning pr ogressed until towards the close the buying had become quite general ana prices were up fully 100 points over the previous night. Much of the demand was based on a cable to the local trade say | ing it was believed that the Brazilian loan had passed and advising purchases here.
 Large interests which recently iqur- dated are believed to have re-entered the
 market. and there was also heavy buying 1 of contracts against big sales ot spot
 1 coffee to the navy department, The ad-
 vance carried December to $. z5c, Marcn i s .a2c and May to 9,25c, the close being
 l strong at net advance of % to M
 | points December, s.23c; January S.soc'
 March, S9sc: May, s25c; July, s.S5c.
 1 Spot coffee quiet but firm; Rio 's' o1sc'
 Santos As, 11AG11s4c. Sales of santos Were made at 101.c and Victoria 1ss ana ss at
 71hc. American credits. The Brazilian }cables reported an advance Of l50 reis Ill 1 Rio futures and of 175 to 20 reis In san tos futures Receipts at the two bra-
 gillian ports, 6O,o0o; Jundiahy receipts' o. CO0
The Birmingham age-herald., 1920-10-31
Port Movement

New York. October 3o.-Cotton spc quiet; middling 22.00.
The Birmingham age-herald., 1920-10-31
Chicago Live Stock

1 Chicago, October O.-Cattle: Receipts'
 1000 Compared with week ago: Best
 steers little change; other beef and
 butcher cattle and feeders unevenly 2Sc
 to 75c higher; bulls 25c to soc lower;
 choice veals steady; fat grassy calves, l $1. .0O@1.5O higher; westerns mostly 5oc higher.
 Hogs: Receipts. 3.0o0; mostly 10c to 1oc higher than yesterdays average; mixed and packing grades up most; top, ha. .io' bulk light and butchers, s127'@ls-lo' puiN hacking sows, sf2.10@l2. 8; pigs mostly steady: bulk desirable 100 to 125 pound pigs, s13.25. Sheep: Receipts. 400 Compared with week ago: Fat lambs 1 to $1.50 higher; fat sheep and yearlings 75c to $1 hlgher' feeder lambs 5Oc to 75c higher.
The Birmingham age-herald., 1920-10-31
New York Futures lfy AaS0ciafed Press

New York, october s0.-The cotton market closed firm.
The Birmingham age-herald., 1920-10-31
Sugar Market
 D--a

New York October 30.-There was no further changes in the local raw sugar market today but there were furthef sales of $500 bags of Perus afloat to a local refiner at 2 cents c. l. l., equal 10 s.26c for centrifugal. Owing to the poor inuuiry for refined, refiners are interested ii. nearby shipment only. and there is considerable sugar offered for htt.e later shipment at S26c for centrifugal without being taken.
 The market for refined was unchanged at II to F cents for fine granulated with the demand light
 There was only small trade in sugar futures, but prices were firrner on GOV er:ng, prompted by more favorable re- ports in connection with the financial situation in Cuba Closing prices were 10 to 40 points net higher.