The Birmingham age-herald., 1921-12-21
Here and There Among the Trading Public
 in Short Bulletins
Hx Asanciated Preaa

VOU D. Der cent to the Chattanooga Savings bnnk and the Harris Trust and Savings bank of Chicago, at par md Sll,- pro premium. The bidders agreed that the city might lower the i'm terest rate to 494 and they would take the bonds mt s720 premium. This is the best price Chattanooga bonds have brought since pre- vious to the war.
 Washington, December 2O.-The Louisville and Nashville railroad was authorized by the interstate commerce commission today to issue and sell S12753.OOO In 51z. per cent mortgage bonds, the pro- ceeds to he used to retire ma turtles of subsidiary corpOra- tions, to reimburse its own treas ury for expenditures on better ments and to continue betterment projects now under way. TJle rond also was given permission to hold in its treasury $15,0OO,0O0 additional in 5k per cent bonds.
 Savannah. Ga., December 2O.-- The Peoples bank, with capital of $1OO,OO0, failed to open It's doors this morning. A notice was posted on the door stating the af- fairs of the bank were in the hands of the state banking Of- ficials. The bank failed to with stand an alI-day run yesterday. Thomas J. McEIlin is president.
 New Orleans, December 2O.- Charges that New Orleans is pay ing SC more a ton for its steel than 1t ought to, through the op- eration of the "Pittsburg plus" plnn, were made today by n num- her of steel users nt hearing before Baldwin B. Lane, attorney for the federal trade commission. who Is collecting data in various parts of the country concerning the alleged discriminatory results Of the "Pittsburg plus" plan.
 Mexico City, December 2O.- The Mexican government has granted a delny until January 25 of the payment of production and export taxes due from American oil companies in Mexico. The taxes. approximating 22,OO0.0O pesos, were due December 25 un- utE an agreement TthCneu con- ferences here in September.
 Chicago, December 2O.-Efforts of live stock traders nt the Chi- cagO stock yards to prevent en- forcement of the live stock trnd- ing net failed today when Judges Landis, Evans and Fitzhenry dis missed their application for nm in- Junction restraining Secretary of Agriculture Wallace and District Attorney Charles K. Ciyne from enforcing the law. As n result of the decision the live stock traders will be required to file their com mission schedules with the gov ernment immediately and operate under the rules to be laid down by the department of agriculture, or face fines provided by the act.
 Washington, December 2O.-De- spite the unfavOrable exchange conditions, German importers are continuing the purchase of Arr genuine products on an increas- ing scale. according to n report to the commerce department to- day from Trade missioner Brady at BuenOs Aires. Hides and skins were the chief items of ex- port to Germany during October. he said, although interest wns shown in practically every Ar, genuine product. Larger pur- chases of wool nre also being made. he ndded, and Germany Is now becoming n steady buyer of Argentine cotton, 1929 bales be- ing shipped during October.
 Washington. December 2O.-A duty of cents n pound on Cuban rnw sugar, ms compared with the present emergency rate of 1.6 cents. and the 1 cent in the Un- derwOod thrift law. was asked of the senate finance committee to- day by the United States Sugar Manufacturing ssOcfat io n through G. w. Mccormick, a beet sugar manufacturer of Menomi- nee, Mich.
 Washington. December 2O.-A duty of 2.5 cents pound on Cuban sugnr was asked of the Senate tariff frnmers today by spokesmen for the American Cane Growers association. The present
 sS"Ss ""ty IN i.o cehts pound and the Underwood law rate wns 1 cent n pound.
 New Orleans, December 2O.-- That the decision of the United State supreme court in the Amer ican Hardwood Manufacturers ns- socintion cnse, announced yester- day Is not determinntive of the suit in equity. filed by the de- pertinent of justice against the Southern Pine association. Is the opinion expressed by J. F.. Rhodes, sccretnry-manager of the pine as- sociatiOn, on his return here to- day.
 BANK OF GERMANY
 By Associated Press