davidaulloa/AmericanStories huggingface dataset:
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-08-20
HURLEY SALOONKEEPER FREED
BY FEDERAL COURT JURY
Joseph DiuliO Liquor Case Up in Feder-
al Court at Superior Friday with
Verdict of Not Guilty.

A Superior dispatch of the date
OF August IS gives the following
account of the case of Joseph
Diulio of this city, which was taken
up IN federal court at Superior last
Friday. The following day the
jury, after being out 20 minutes,
returned a verdict of not guilty:
Joseph Diulio, reputed wealthy
resident of Hurley and former
owner of the White Bear saloon,
charged with three distinct ofens-
es in an indictment alleging viola
tlon of the federal prohibition act
was arraigned Friday before FEEDER
al Judge c. T. Luse. A plea of
not guilty was entered in behalf of
the defendant by his attorney,
Mayor J. A. O'Neill of Ironwood,
Mich.
Judge Luse denied a motion to
quash the Indictment made by
Mayor O'Neill.
District Attorney William Doug
hertys motion to consolidate two
charges in the indictment was also
denied.
Considerable time was spent in
the selection of Jury when the
case was ordered tried by Judge
Luse. Each talesman was given a
thorough examination by Mayor
O'Neill. Three jurors were dis
missed upon his request.
Dlulio is charged with possession
and transporting liquor and with
maintaining nuisance.
In his opening address to the
jury District Attorney Dougherty
stated that the government would
prove that Diulio was in possession
of I3 barrels of wine, large mum
Der of cases of vermuth and 22 cases
of whiskey in violation of the law
1t is alleged that the owner tran
sported the whiskey from the base
ment of the building to his living
rooms on the second floor and
served it to friends.
Mayor O'Neill asserted that
following the federal prohibition
act passage Diulio closed his place
of business, stored the liquors in
the basement and made application
to the district attorney of Iron
county for information regarding
his rights in keeping of the liquor
for private consumption.
In the meantime federal and state
dry agents visited his place of
business and, finding the liquor,
ordered it confscated.
Diulio removed the whiskey
from the basement to the living
rooms of the building under cover
of night, Mayor O'Neill stated, and
served it to his friends.
During the period of serving
this liquor Diulio had more friends
than any man i'll that section of the
country" O'Neill asserted.
Considerable comment on the
mysterious disappearance of the
liquor from the basement was carri-
ed in the newspapers of the state,
Mayor O'Neill informed the jury.
men. Reports that the liquor had
been stolen, he declared, was false
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-08-20
The Summer Tourist.

During the past two years par
ticularly, the summer tourist has be
came such a person Of importance
that be cannot be- overlooked. And
that is just exactly what We do ODt
want to do. We should everyone re-
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-08-20

1t used to be a law of economics
that competition was the life blood of
business progress, but now we are
beginning TO believe that more can
be gained by active cooperation. 1t
is merely an indication of that spirit
of brotherly kindness which is slow
ly extending throughout all the world
today, and which, in spite of the
pessimist's forecasts. will soon per
NIT us to enjoy heaven on earth.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-08-20

You hear lot about a prophet
being without honor in ais own
town. We are inclined to think that
is because be does 1ot know how 10
utilize his home paper for advertis.
ing purposes.
Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1921-08-20

Try an ad in the News.
The Birmingham age-herald., 1921-01-05
FAILURES IN 1920

New York, January 4.-R. G. Dunn Ss Co.'S. record of failures for 1920. made prtlic today, showed S,Ss1 commercial failures throughout the country, with s2S5, ,151 ,So5 in indebtedness, against e,45t failures in 1919, involving liabilities of $113, ,2e1, ,z7. The increase of 2,430 in num- Der of commercial insolvencies last year as compared with those of 1919, is re- latively much smaller than the expansion of $1S1, ,800,000 in liabilities, showing the rise in number of failures to have been 5.7 per cent and of indebtedness 160.5 per cent, the report said.
 After four successive years of dinin- ishing commercial mortality, it contin- ued, business reverses of 1920 increased sharply. This was said to be mot un- natural in a period marked by general economic readjustment.
The Birmingham age-herald., 1921-01-05
MAIN ISSUES OF THE STOCK MARKET WERE SPECULATIVE The Heavy Tone of Rails Was a Distinct Disappointment to the Traders In This
 Class
By Associate0 Press

New York, January 4.-Specuiative is- sues were the prominent features of to- days stock market, their variable strength, which probably proceeded from pool operations, affording strik- Ing contrast to the irregular or slug sh tone of seasoned shares.
 The heavy tone of rails was a distinct disappointment to traders who had hoped that f''o January reinvestment inquiry rnd enlarged transportation earnings would make a marked impression on the Luarter of the list.
 News of the day was of the same con tasing character, although not lacking in constructive elements. Exchange on Lon ton was strong, moderate recovery was reported in inc price of refined copper md partial resumption of activity was announced from industrial centers where ktagnation recently ruled.
 These developments were neutralized to pn extent by more bank failures at vest en agricultural points, further price cutting by independent steel producers and additional wage reductions in the ssxtile and affiliated trades
 Oils and shippngs, influenced by Mexi- can Petroleuin and Atlantic Gulf, were the chief reactiopary features.
 Mexican Petroleum made an extreme reversal of nearly 10 points and Atlantic [ uf replaced a-point decline to new low record. with a net gain of IA points Tiuch of the rebound in the final deal gs was inscribed to short covering. lles amouneed to S35000 shares.
 No possible relaxation of money rates Mas shown although offering Of tune funds were more liberal. Ihe strehS,ii Of British exchange was attributed t' purchases of sterling in this market to [ eet maturing payments for British ana French accounts.
 Trading in bonds was again only moo ( ate. but the trend was unmlstahaoi9 ward. many speculative issues partlei- ting with representative offerings At, { Liberty and Victory flotations closed gains. ooo
 Total sales, par value. slf315,oOo
 old United States bonds were un- changed on call
The Birmingham age-herald., 1921-01-05
REPORTS OF EASIER SOUTHERN MARKETS. SENT COTTON DOWN
The General Market Closed Easy at a Net Decline of Fifty to Seventy
 five Points
By Associated Press

New York, January 1.-The cotton mar ket lost good part of yesterdays gains during todays trading owing to reports of easier southern markets and the fall ure of buying to broaden after the scat tering short interests had covered on the advance of the previous day. March con- tracts sold off from 14.S0c to~ 14c and closed at 14.C5c, with the general mar ket closing easy at a net decline Of 5o to 75 points.
 The Liverpool market was fully up to expectations, and the opening here was points lower on July, but generally D to Is points higher on continuation of yesterdays buying movement. There was considerable southern selling, however, accompanied by reports of unsettled financial conditions in the southwest. and the market soon turned easier. The de- cline was held in check during the mid dle of the day and there were occasional rallies on reports of increasing domestic mill consum ption and better demand for cotton goods at the new price levels but each bulge seemed tc meet southern selling and the market became very weak during the afternoon. The relative easi- ness of New Orleans and New Orleans selling orders contributed to the decline, which carried January off to 14.9Sc and May to 14.09c in the late trading.
 Last prices were only a few points up from the lowest on covering. The pass ing of the war finance corporation bill over the Presidents veto appeared to have been expected and discounted, ana local brokers said that yesterdays ao- vance had evidently left the market III an easy technical position. Exports TOT the day were 23,677 bales, making 2,4l3 6os so far this season. Port recelpts, oa'o'V' United States port stocks. 1,4l7,99l
The Birmingham age-herald., 1921-01-05
WHEAT DECLINED IN PRICE YESTERDAY ON
 REACTION FROM ADVANCE
By Associated Press

Chicago, January 4.-Wheat declined in price today, largely as a reaction from the sudden preceding big advance. Clos ing quotations were heavy at 21a to 4c net lower, with March $1.731s to s1.7S@A and May s1.s7s4 to $16S. Corn lost to 1Ac, and oats 1s to 1Aassc. In provisions the outcome varied from 10 cents recess sion to a like advance
 It was generally accepted opinion in the wheat trade that the upturn in values yesterday had been too rapid, and that the time was opportune for longs to realize profits. Besides milling demand appeared to have diminished and there seemed to be pause in export buying. Gossip was current also that the Egyp- tian government would try to resell Ill., 900, 900 bushels of wheat that had been contracted for in Australia. Action of the House of Representatives at Wash ington making certain the revival of the war finance corporation had but little effect on prices. having evidently been discounted yesterday. On the other hand. considerable bearish sentiment as to all grain including wheat, was generated by heavy receipts of corn.
 Decided enlargement of the movement was chiefly responsible for depression of corn and oats. Consignment notices, from Iowa in particular was said to have been augmented. Provisions averaged higher in line with hogs.
The Birmingham age-herald., 1921-01-05
New Orleans tc0tton R- Aaeociafad Press

New Orleans January Awhile the first call in the cotton market today saw higher prices in small way The trend soon became decidedly lower un> der liquidation, but yesterdays buyers and the market fell off to net declines that were gradually widened, lowest
 prices coming on the close when the
 trading months were 70 to 76 points under the finals fof yesterday. March traded as high as 14.23c from whi,h it fell to 134Oc. The early gains amount ed to to IS points and were mainly due to a better Liverpool market than expected.
 In the late trading selling increased because of reports of small bank -ail- ures in the belt and the Mexican bank
 failure. After the advance was over considerable attention was paid to private messages from Liverpool, some of which claimed that trade at Man chester was showing no improvement and that further curtai1ment was be- ing talked of by the mills.
 In the early afternoon an upturn of about % points was caused by the re- port that the House had again passed the war finance corporation measure but this improvement was not long sustained. Some traders consider shat this and other items of bullish news were offset by the rumor that a I,ri- vate bureau was coming out with bearish returns on ginning and after the close it was said that this bureau has estimated that to the end of De> cember 11,640,000 bales of cotton were }ginned.
The Birmingham age-herald., 1921-01-05

was the over stimulated industrial and trade activity of the war time.
 Undoubtedly some part of the acknowl- edged prosperity of the steel corpora tion can be referred to the heavy ex- ports of the products of that corpora ton. Presumably the steel corpora tion- can be referred to the heavy ex- ports of the products of that corpora ton. Presumably the steel corporation has been in position to aid in the financing of the movement of it's ex ports from United States to foreign markets. Within a few days official reports will come from Washington which will set forth in dollars the az gregate of our foreign trade in the year 1920. Analysis of this report will tend to show that no small part of the prosperity which Judge Gary says the steel corporation has experienced in 1920 is due to the magnitude of the exports represented by the products of this corporation.
 Early, but unofficial estimates of tAe foreign trade carried on by the United States in the year which has just ended fixes the money value Of that trade at s13,000, 100000 or $1,000,- 000,000 than the trade of 1919, and $4,000, 100000 more than the trade in 1918. The exports will be found to have been of the money value of sS,- 000,000,000 and this was considerable larger in 1919. The money value of the imports was at least $t26o00, ,ooo,0 900 more than was the value of like tm> ports in the previous year.
 OUR MANUFACTURED EXPORTS
 The increase in the exports of manu- factured articles, many of which were the products of the United States Steel corporation and it's subsidiaries was very large. Somewhat over S5,606,GGG. 900 worth of finished manufactured articles Were exported last year and that was $5oo,oo0,oO0 more than the value of the exports in the year 1919. The total of exported manufactured articles of all kinds is somewhat in excess of $4,000, ,000, 900.
 Had it not been for the increase in our exports of manufactured commo- dities complete or partly finished our exports of last year would have fallen below those of the previous year be- cause there was a heavy falling off in the exports of foodstuffs partly or wholly manufactured. In fact food stuffs commodities exported for the year were of the value of little over $1,000, 100000, whereas in the year previous the value was nearly $2,000,- O0o,00o, this representing the highest record of exports of foodstuffs of this kind.
 Judge Gary's address on the whole is characteristic of conservative optim ism. That is an attitude which he has assumed ever since the war began and especially since the United States be- came one of the belligerents He does not look for immediate and perma- nent revival of business prosperity until normal conditions are reached. But he is convinced that improvement will soon begin and will be gradually and healthfully increased.
The Birmingham age-herald., 1921-01-05
Coffee Market By Associated Press

New York, January 1.-The market for coffee futures was comparatively quiet and irregular today. The opening was unchanged to 2 points higher on covering but prices weakened during the middle of the day owing to the unsettled ruling of Brazilian exchange rates and reports of easier firm offers. May sold off from 6S1 to 6.70c, or s points below last night closing quotation, but prices rallied in the late afternoon, trading on renewed covering. with May closing at 676c. The general list closed net unchanged to point higher January, 5.84c; March, 634c; May, 6.76c; July, 7.13c; September, T.3oc; October, 7.50c; December, 7.74c.
 Spot coffee quiet; Rio Is, 6as; Santos is, ad9la. Cost and freight offers were irregular, some being lower and others higher with quotations for Santos 4s, ranging from 77s to SEC. Rio Is were quoted at 5.95 to 6.20c, American credits.
 The official cables showed an advance of 20 reis in the dollar buying rate and of S.16d in the rate of Rio exchange on London. The Rio market was unchanged to 150 reis higher and Santos unchanged to 100 reis lower Santos cleared 10000 bags for New York Brazilian port re- ceipts 5000 Jundiahy receipts, 5000. Ar rivals of over 20o.00o bags were reported at New York today. Early indications point to an increase of about 3J0,00O bags in the worlds visible supply during De- cember.
The Birmingham age-herald., 1921-01-05
Hubbard Bros. & Co.'S Letter

New York, January 4.-It was natural to find our market little easier today after the sharp upturn of yesterday. These prices appeared attractive to many to get out of the market with profit. It was encouraging to find that the selling orders were absorbed read lily. Many mills throughout the south are resuming operations, believing that the drastic decline is over. and it is about time to take on small quantities of cotton at this level. Liverpool, on the other hand. feels that conditions there do not justify purchases at pres- ent. The sentiment is more cheerful than heretofore. even in face of general conditions. The passage of the war finance bill is encouraging and will prove helpful in renewing trade. Our market will remain very sensitive to de- clines but we feel cotton can be bought for future profits.-Hubbard Bros. & Co.,
The Birmingham age-herald., 1921-01-05
MARINE NEWS
Nv Associated spresa

Mobile, January 4.-Arrived: Eduardo Sala (Cuban), New Orleans; Harald (Nor- wegian), Port Barrios; Lake Desha, Ha- vana. Sailed: Schooner Susie B. Dantz- Ter, Frontera.
 Port Eads, January 4.-Arriyed Birming- ham City, New York; Cliffw wood, Rotter- dam; Coppename, Port Barrios El Es- tero, New York; Gorgala (British), Cuba; {;
The Birmingham age-herald., 1921-01-05
Daily Financial Gossip
By HOLLAND

New York, January 4.-(Special.)- Not until several days had passed after the statement which was made by Judge Gary of United States Steel cor poration was published, were the significant and important features of that address recognized. Much the greater part of the address was in the form of general statements. Almost all of these were familiar to every one. They were based upon the fact that the war and its after effects had caused a peculiar and abnormal situa- tion and feverish mental attitude.
 In the closing paragraphs of this address are to be found few concrete statements and these have been com mented upon since these remarks of Ju6ge Gary were made public. First of all it was observed that he spoke of the money situation not as that is related to the money market, but, in-- stead to the actual supply of money. It is almost paradoxical that money should be plentiful as Judge Gary says it is and nevertheless that business depression and some straining of credit continue
 The other day the statisticians at Washington reported that the amount of money in circulation, consisting for the most part of federal reserve bank notes was sufficient if it were so dis tributed as to give every one of the people his proportional share, to rep- resent a larger money circulation per capita than this country has ever had, and which no other country has ever equaled. With money plentiful as Judge Gary says and with the federal reserve banking system about to utilize a larger degree of credit, it is looked upon as inevitable that there come improvement in the general situation.
 After the first of January funds the aggregate of which is very large will be available for invest stment. That of itself will stimulate, probably not only securities for market activity, but also general business. Judge Gary evidently had this in mind when he spoke of money as being plentiful. Then again in a few words Judge Gary calls attention to the fact that notwithstanding the so-called depres- sion, that, being a word of which Judge Gary does not approve the use, the aggregate business in the United States in the year 1920 was enormous. To illustrate this, he spoke of the business which United States Steel corporation has had in the past 12 months. It was not only very large, but he clearly intimates that it was a reasonably profitable business.
The Birmingham age-herald., 1921-01-05

New York, January 4.-Cottonseed oil worked up 6 to 10 points early on short covering, but the market turned heavy later under selling by local refihers and scattered liquidation on the weak showing in cotton and lack of spot demand. Closing bids were II to 19 points net lower. Sales, $500 barrels. Tenders, 300 barrels. Prime crude. 500 sales; prime summer yellow, spot, $7.S0 bid; March, $S.3s; May, $S.62; July, $S9s, all bid.
The Birmingham age-herald., 1921-01-05
Liverpool Cotton

Liverpool, January 4.-Spot cotton in small demand; prices firm; good mid ding, Il Sd; fully middling, 106Sd; mid-
 ding, .94sd; low middling, 7.6Sd good or mary, 6.1sd; ordinary, 5.43d. Sales, 2o00 bales, including 1900 American. Receipts, | :, 200 bales, all American. Futures closed 1 barely steady. January, 959d; March, | l9S0d; July. 9S1d; October. 9.76d.
The Birmingham age-herald., 1921-01-05
NEW YORK BONDS By Associated Press

U. s. 2s, coupon, offered d............. 101 U. S. As, coupon offered ..,......... 106 Panama 3s, coupon, offered ....... S2 American Smelling & Refining 5s ... 79 American Tel. & Tel. 6s ...... 95
 Atchison gen 4s ................... 761a Baltimore & Ohio 4hs ....,. 6S
 Bethlehem Steel ref. 5s ........... 79 Central of Georgia Consol 5s. bid .. sax Central Leather 5s SS Chesapeake & Ohio cv. 5s .......... 84h Chicago B. & Quincy joint As ........ 67A City of Paris 6s .................... 95 Colorado & Southern ref. Alas 72A Denver & Rio Grande consol. 4s ... 64h Dominion of Canada 5s G93l) S4A mt. Mer. Marine 6s ................ 7SA Kansas City Southern ref. 5s ...... 741s Iggett & Myers 5s ................. 79
 Louisville & Nashville un. As ...... S1h Missouri, Kan. & Tex. 1st As ..... 5S&4 Missouri Pac. gen. 4s ................ 54% New York Central deb. 6s .......... 90A Norfolk X Western 6s ......... 104h Northern Pacific ts ..........,..... 16
 ReSdfSlv'a,a ReadiSF sen. seH 4s 's ss% Republic Iron & Steel 5s G940), bid 84h St. Louis & San Fran adj. 6s ...... 64A Seaboard Air Line adj. 5s ......... 37
 Southern Bell Tel. 5s ............. 81
 Southern Pacific cv. 5s ............ 100% Southern Railway os .............. s7ls
 r do gen; ts ....'........ 5Ss Texas X Pacifc lst, bid ............. 7s
 Gnited iiit Kingdom of c. B. x i. 5Ms 'N
 G93O ..................... s5A T.. & Steel 5s ................. 931a We. Ch mical 5s bid ............. 90A Wabash 1st .................. S41a Wilson X Co cv 6s ................ S2&
The Birmingham age-herald., 1921-01-05
LIBERTY BOND QUOTATIONS
 By Associated Press
London Money

By ASsccINted Press
 London January 4.-Bar silver, n%d per ounce. Money, AZ per cent. Dis- count rates: Short bills, 57s per cent; three months bills, 6ss per cent
The Birmingham age-herald., 1921-01-05
Money Market
By Associated Press

lty ASoOclatcu ITcbb
 New York, January 4.-Prime mer- cantile paper, "A @S per cent. Ex- change, irregular; sterling 60-day bills, S.50s4; commercial 60-day bills on banks, 3.50s4 commercial 60-day bills, 3.50A; demand, 3.55A; cables. S56 Francs, demand, 5S2; cables, 5S4. Bel gian francs, demand. 6.12; cables 614 Builders. demand, 31.45; cables, 3f.55 Lire, demand, $40, cables, 3.42. Marks demand 1.S2; cables, 1.s4. Greece, de- mand, 7.S0. Exchange on Montreal 15A per cent discount. Government bonds, firm; railroad bonds, firm. Time loans, steady; 60 days, 90 days and six months, 7A @71s.
 Metal Market
 By Associated Press
 New York, January 4.-Copper steady; electrolytic, spot and first quarter. 13@1sAc. Tin. firm; spot and
The Birmingham age-herald., 1921-01-05
Dry Goods

New York, January 4.-New low prices named on sonuthern lines of chevrolets, cambrays and staple ging- hams stimulated business for 90-day delivery. Bleached muslins were quiet, as were percales at the new prices. Print cloths were in light demand at Sc a yard for 38h inch 60x60's. Yarns were firmer. Taffetas and crepe satins were stronger in silk markets. Burlaps were quiet. Wool goods dull.
The Birmingham age-herald., 1921-01-05
THE BAROMETER OF TRADE

If it be true that steel is the relia- ble barometer of trade, then the ex
 pcrience of the United States Steel cor
 poration in the year which has just been ended should justify the belief that, although business was below the feverish activity of war days and of the year which followed the signing of the armistice, nevertheless, it was very large and far more healthful than
The Birmingham age-herald., 1921-01-05

nearby, $35.25 5@ $500; futures, s35.5o@ S6.50. Iron, nominally unchanged. Antimcny, $5.12H @5.25. Lead, steady.
 spot, $4.75. Zinc. steady; East St. Louis delivery spot, $5.55@5.75.
The Birmingham age-herald., 1921-01-05

London, January 4.--Standard cop per. f72 2s Cd; futures, GT3 Is Cd. Electrolytic, spot, ESQ; futures, fSS. Tin, spot, f205 15s futures f210 5s. Lead; spot, f24 10s; futures, f25. Zinc, spot, f26 12s Sd; futures, G27 15s.