davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1921-01-31
FEDERAL RESERVE BANK

Washington, January 30-The condition of the F federal reserve banks at the close of business. January 2S, follows
 Resources-Gold and gold certificates S129, ,S69, ,000; gold settlement fund, federal reserve board, s46l, ,523 000; gold with for eign agencies, s3,300,000; total gold held by banks, s664 e92, 900; gold with federal reserve agents, s1,2SS, 45O, 900; gold redemp- ton fund, s152, ,995 GOO; total gold reserves s, ,106, 137 900; legal tender notes, silver etc, $213, ,s37. 900; total reserves, $231 974,- GOO. Bills discounted: Secured by United States government obligations, $1,04S, ,76S,- 900; all other, s1, ,4O7, TOY GOO; bills bought in open market, S165, ,O58, GOO; total bills on hand, $2,621, ,533 000 United States govern ment bonds, s25, 5,S49, GOO; United States vic- tory notes, s19,000; United States certifi- cates of indebtedness, $261, ,452. 900; total earning assets $290S, ,S53, 900; bank prem ises, SIS, ,22S, ,000; uncollected items and other deductions from gross deposits, S595, ,069, ,000: 5 per cent redemption fund against federal reserve bank notes, $12,- 746,000; all other resources, $6S30,000; to- tai resources, $5,S61, ,727, ,000
 Capital paid in, $10o, 1470 900; surplus. $2o2 036, GOO; government deposits, s52,13S,- GOO; due to members, reserve account, sl. .731, ,S23, ,000; deferred availability items, $4s0, ,3O2, 900; other deposits, including for eign government credits, $24, ,O54,O 900; total gross deposits, g, 23S, ,317, 600; federal re- serve notes in actual circulation, 8, ,O90, 5000; federal reserve bank notes in cir
The Birmingham age-herald., 1921-01-31
ATLANTA RESERVE BANK

Atlanta, January 2s.-Following is the statement of resources and liabilities at the close of business January 2S:
 Resources-Gold coin and certificates in vault, T,361, ,S15.51; gold settlement fund, $6, 750, ,699 .S6; gold with foreign agencies, s11SS0o; gold with federal reserve agent, $60yST $40; gold redemption fund, $685. 71G.22. Total gold reserve, $S1, sos. .51. .oy. Legal tender notes, silver, etc, S4,17l,- 359. Total reserve, S5,979, ,9l0.59. Bills dis counted: Secured by government obliga- sions, SS,0l1 113S6; all other S67 Sl5, 229y. fl bills bought in open market, s3,21 1S3. S9. Total bills on hand, $129 067, ,596 .66. United States government bonds $113650. United States Victory notes, s2,S0O United States certificates of indebtedness, 16665, ,510. A Total earning assets, $l45, S49, ,557 .10 Bank ing house, $541, ,3SS .5S Uncollected items and other deductions from gross de- posits, $563,550; all other resources. s2l7,- 87.2S. Total resources, s361, ITO, T4.11.
 Liabilities-Capital paid in, $4,036, ,lOO; surplus, $S,343, 465 .31; government deposits, sl 050, ,5S2. g; due to members. reserve ac- count, $46O57. .973. .4S; deferred availability items, $19, 4o6, ,062 .5S; other deposits, includ- ing foreign government credits, SSS,- 1A.35. Total gross deposits, $66 6.S07, ,742. 7O Federal reserve notes in actual circula- tion. $166,569.S90; federal reserve bank notes in actual circulation, s14 800; all other liabilities, $1, ,257, ,O76.10. Total liabiii- ties, $261 TIC, ,774. H.
The Birmingham age-herald., 1921-01-31
JAPAN COMPLETES
 ITS FIRST CENSUS
FloWery Kingdom Falls Short of Estimate By One Million.
 Total Is 77,0O5,51O

Tokio, January 2s.-The first census ever taken in Japan by modern meth ods showed that the population Of the Japanese empire number 77O05, 510, while in Japan proper. exclusive of no- req, Formosa and Saghalien, there are 55,961, 40 inhahitans. These figures were announced this afternoon by the census bureau (called in Japanese official lan- guage the bureau of national power in vestigation).
 The actual figures prove that the an- nual estimates which have been taken were more than million in excess of the truth. The estimate of population for 1918, based on a compilation of the local registers, was 7S,261 1856, or 1,235,346 more than the census of 1920 bives. For Ja- pan proper the 1918 estimate was 57D70,- 936, or 1,109.796 more than the 1920 fig ures. The decrease for the empire is 1.6 per cent; for Japan proper it is 1.9 per cent. There are 124,S5O more males than females in Japan proper. The males number 2S.042. .995 and the females 2791S.- 154. The total number of families in Japan proper is Il .222. .05S
 Following are the II largest cities of Japan: Tokio, 2.173162; Osaka, 1,252,972 Kobe, eos, CPS; Kyoto, 591, ,305; Nagoya, 42y, Hirosima, 1o6504 HalSodate. 1A,740; Kan azawa, 12s, ,S20; Kure, 1so,354; Sendai, 1lS,- 97S: Otaru. 1Os.113: Sapporo. 10a,5n.
 The following are the figures for the various parts of the empire of the cen sus returns for 1920: Japan proper, oo.- S61, LAO: Korea 17,2s4,207; Formosa, 3e5i.- S9S; Sagahalien, 105. 765.
 The total for the Japanese empire IS 77, ,005, ,510
The Birmingham age-herald., 1921-01-31
WEEKLY DRY GOODS
By Associated Press


 New York, January 30.-Quieter con ditions prevail in cotton goods markets, following the activity of the first few. weeks of the year. Buyers are disin- clined to support any material price advances at this time and they appear to- have supplied their immediate re- quirements for gray cloths, sheetings and some of the other staples. The only evidence of weakness is shown ill the print cloth market where prices have fallen back about 1ac yard from the top for this year. Some sheetings are slightly lower. The volume of of ferings from second hands has been trifling and would not cause a reces- sion if the larger operators were not satisfied for the time being. Dress ginghams continue to show more strength than other lines, several of the leading qualities not now being available for new deliveries before April. Wide sheetings pillow tubing. and sheets and pillow cases are also well conditioned. All the leading lines of percales have been withdrawn and most of the leading line of muslins are either withdrawn or at value. The wash goods trade is steady, but of mod est proportions. Mill conditions are materially improved. several of the larger centers now reporting 75 per cent output. against 50 per cent at the opening of the month. Yarns have grown quieter in tn epast few days. Comber yarns are still very unQuiet Prices current are as follows:
 Print cloths, 2S-inch, 64x64s, 6kc: 64x60s. 6hc; 3S-inch 64x64s, Sc; brown sheetings, scouther nstandards 12kc; tickings. S-ounce. FOG; denims 2.20s in- digo. 17c; prints, He; staple ginghams. 1S1sc: dress ginghams, 15@17c.
The Birmingham age-herald., 1921-01-31
Ieuton Indemnity BoLsters EuropeanE nExchangeMarkets
 Return To Normal Is .Slow

number of persons employed in Amer ican industry has decreased from s,402,00 to 6,070.64S, but 1t is explained that this does not mean that 3,331, 1852 persons are now out of work, for the report adds that it is quite possible that some of the workers discharged have found employment in agricultural or other pursuits not covered by the survey This is not only quite possi- ole, but probably the fact. for there is but little evidence of necessary or ne- cessitous unemployment.
 The Iron Age reports that various in- dependent steel companies prsviously shut down are starting up on orders that will keep their plants running to 50 per cent of capacity and general revival of moderate activity is to be noted in the textile industry.
 It Is reported that Bliss Fabyan & Co. one of the largest commission houses in the dry goods trade, have re- ceived more orders for cotton goods during the first three weeks of 1921 than they sold during the last six months of 1920.
 Bank clearings for the week as re- ported by Bradstreets show a decrease of LIS per cent on the figures for the same week in 1920. As commodity prices are from 20 to 40 per cent lower the inference is that the volume of trade passing exceeds that of last Near. Business failures for the week ending January 27 number 429. which compares with 43s the previous week, 1O4 in the same week in 1920, 14o in 1919, 292 in 1918 and 312 in 1917.
 The proposals of Governor Miller of New York has made looking to solu- ton of the traction problem in the metropolis has directed attention to the increase in street railway fares that has been secured elsewhere. In 112 cities 1O-cent fare has been conceded In six cities the fare is cents. In 174 cities it is cents, and in 124 cities the charge is cents. The publication of these facts has strengthened the hith- erto depressed market for the securities of public service corporations.
 Taking broad view of the outlook, 1t may be said that comm mercial indus trial and financial conditions in Amer lea are distinctly on the mend that hope seems to have succeeded despair in Europe. excepting only Austria and Russia, and that in Latin America and especially in Cuba and Mexico, the trend is toward improvement and nor malcy." The month of February, with it's four Sundays and two legal hoIi- days, is generally one of dullness, but there is every indication that when the sap begins to rise in the trees, the busi- ness barometer will also be higher
The Birmingham age-herald., 1921-01-31
CLEARING HOUSE BANKS
ny Associated Press


 New York, January 3O.-The actual |condition of clearing house banks and trust companies for the week show they hold $S.s75,150 reserve in excess of legal requirements. This is, a de- crease of $3,552,4s0 from last week.
 The statement follows:
 Actual condition: Loans and dis counts ,etc., decrease $62,S40, 900; casa in own vault members of federal re- serve bank. decrease $s27,000; ress we in federal reserve bank of member banks, decrease s13.e11,000; reserve in own vaults. state banks and trust companies. decrease $75,000; reserve in Repositories. state banks and trust companies. decrease $ss6.0oo; net de- mand deposits, decrease $S0. .11S,000; time deposits. decrease $12,429,000; circulation. decrease $l47,00o; .xcsss reserve. decrease. $3.552. 4s0.
 Summary of state banks and trust companies in Greater New York. not included in clearing house statement:
 Loans. discounts, etc. decrease $s.- 7e5.00o; gold, decrease $2so,300; cur- rency and bank notes increase $6900: deposits with federal reserve bank New York. decrease $2,261.500; total deposits. decrease $l60S1. 900: Total eliminating amounts due from re- serve Repositories and other banks and trust companies in New York city and United States deposits de- crease. $2,512.700. Banks: Cash in vault. $24.ss5.600. Trust companies: Cash in vault $4s,450.6oo.
The Birmingham age-herald., 1921-01-31
FOREIGN REPORTS EXPECTED ID SWAY
 MARTS THIS WEEK
Fluctuations In Cotton Covered Range of Only 10 Points Last Week-British Trade
 Is UnfavorabIe
By Associated Press

New Orleans, January 30.-Fluctua- tinos in the price of cotton last week were much narrower than they have been in many weeks past, the trading months moving over range of only 61 to 71 points.
 Highest and lowest prices were scattered over the week, more or less irregularity prevailing as the result of the widening out of the premium on the distant months. Thus, as its best March was 46 points over the close of the preceding week at 14,336 and July was 9S over at 14.S3. On the close prices were 27 to IT points net higher with March at 14.17 and July at 14.62. October stood at 14.s5. Mid ding spots lost 25 points in the net results closing at 14.25.
 Leading features of the week were conflicting. Much liquidation attended the winding up of the January posi- tion but the market steadied later on reports of more American mills re- suming work while the rise in sterl- ing exchange and the course of events at the supreme council meeting at Paris made a favorable impression. On
 
 full regarding the true interpretation of reports from American mill and cotton goods centers because of some- thing of a let-up in the inquiry in some elections at least. Throughout the week private messages from Liver pool and Manchester regarding the state of trade in England and far eastern cloth markets were highly unfavorable.
 This week the market is likely to be swayed at first by the character of political news from abroad. Should there be no developments of impor- tance the trend of events in cotton goods markets of this country and the world will be closely watched, for it is felt that conditions of the immedi- ate future in finished goods will have much to do with the state of the de- mand in the spot markets of the south Any real revival in the spot demand would be most potent influence in the contract market
The Birmingham age-herald., 1921-01-31
WEEKLY METAL
By Associated Press

Dy ASSOclMtcO IrcS8
 New York, January 30.-Some of the in- dependent steel companies have been getting a little more business this week, suggesting improvement in general condi- tions. but on the whole demand continues far below normal, and at best orders are for small lots to fill immediate need. Al- though mainly even with the Steel cor pcration levels some independents have shaded prices to attract more business
 The demand for pig iron continued spotted and irregular Fair sized orders in some quarters hold out hopes of in- creased production, but in other direc- ticns furnaces are still being closed, and the market generally is quiet and easy.
 Copper has been dull and easy, not withstanding further exchange rates and export demand has almost entirely disap- peared. and the London weakness has been an unsettling factor here. Domes show q willingness to book small or tic demand is light, and some producers ders at 12Ac for spot and prompt deliv- cry Those holding for 1Sc report no business Some of the larger domestic consumers are said to have enough metai on hand or under contract. to suppiy needs for another month or two. movement is reported among producing interests to compel dealers to deposit margins of at least 1c pound on all con- tracts for future delivery as a precau- tior against cancellations.
 Load dull Stocks remain light and in strong hands, but buyers are scarce.
 Tin sustained a sharp midweek drop but later rallied on improvement m Lon don and in sterling exchange.
 Further easing of Zinc prices mas failed to inspire new building as con sumers have ample supplies on hand or engaged for a considerable period ahead. Production is being held down to minimum.
 Antimony Is without improvement either in rrice or demand with stocks large and spot goods a shade better.
The Birmingham age-herald., 1921-01-31
DANIELS DECLARES
 NAVY IS NEEDED Secretary Tells Midshipment to Feel No Alarm Because of
 Current Tales
By Associated Press

Annapolis, Md, January 30.--There will ee no scrapping of the navy, at least in the near future, Secretary of the Navy Daniels told the regiment of midshipmen in an address tonight before the Young Mems Christian association at the naval academy. Secretary Daniels urged the young future officers not to be alarmed at tales that battleships soon would be supplanted by air fighting craft.
 There is greater need now than ever tefore for a big navy and a strong navy, both on, over and under the sea-" Mir Daniels said. ''The navy is to the nation what the gulf stream is to the ocean. True, they are separate and distinct bod ies, but each is part of the great whole."
 The visit of Secretary Daniels today marked his last to the academy for in little more than four weeks he will re- tire with the Wilson cabinet. He grew reminiscent of the eight years he has served as head of the navy.
 ''I have made a number of trips here" he said, but this will be my last will be glad to retire from public life and get back to the editorial chair anl brush up in newspaper writings and there is no doubt that I will have much to write about"
The Birmingham age-herald., 1921-01-31
CONVICTION COUNTY
 PLANS EARLY CROP.
 OF IRISH POTATOES

Andalusa. January so.-(Special,-A meeting of Covington county farmers has been called for Thursday February 3, at the commissioners room in the courthouse for the purpose of discussing cooperative marketing. County Demon stration Agent J. F. Wilson is sponsor for the meeting and great interest has been created among the farmers in tli. farm bureau plan of marketing, not or ganizing the farmers. but organizing tEe products to be sold.
 The meeting next Thursday will deal especially with the advisabiilty of plant ing an early crop of Irish potatoes and marketing them co-operatively, as has been so successfully done in other places. At sAtmore lScO acres of land have been pledged for the potato crop. and farmers in Covington county believe they can do the same thing. The success of this un- 6ertaking will be far-reaching in it's irn- portance and every encouragement will be given the pioneers in this movement. A number of business men of the county will meet with the farmers on this date.
The Birmingham age-herald., 1921-01-31
Weekly Financial Review
By Assoclateo Presa

By ASSOclAte0 FreB8
 New York, January 30.-The line or demarcation between speculation and in- vestment phases of the securities market became more closely defined this week. Stocks as whole showed increasing dullness and irregularity. while new cap ital offerings in large volume were read fly absorbed.
 most tangible expression in the heavy oversubscription to the Belgian govern ment loan, the Pennsylvania railroad bond issue and various other undertak~ ings of scarcely less importance.
 It was apparently, however, that in- vestors continued to measure their com mitments in terms conforming to high CT living costs, although new offerings yield interest rates of 614 or better.
 The money market confirmed by it's firmer trend recent forecasts for con- servative banking interests who openly discouraged the hope of easier rates dur- ing the first quarter, or the ''critlca. period,' of the current year.
 Movements of stocks were governed to an unwonted degree by the day-to-day operations of professionals. Efforts of the bulls to convert paper prolts fre- quently failed, while the small available supply of certain more speculative is- sues rendered short selling somewhat hazardous
 Latest financial statements of such rep resentative organizations as the United States Steel and Bethlehem Steel cor porations offered additional proof of the transitory state of the industrial stua- ton and the hesitant tone of railway shares indicated that transportation earn ings continue under expectations
 International credits were interesting for the further substantial advance of British remittances which seemed to be founded chiefly on better financial and commercial conditions. French and otEer continental rates were influenced mainly by the ultimate findings of the reparations commission.
The Birmingham age-herald., 1921-01-31


 mercial or mercantile collapse
 WAKE UP AMERICA
 Late in November. John Il. Patterson, founder and president of the National Cash Register company sailed for Eu- rope expecting to remain there through out the winter. It was not his own busi- ness interests which led his to make this trip, although his corporation has already made large investment of cap ital for manufacturing purposes in Ger many. Mr. Patterson was fearful lest there is not good understanding in the United States of the conditions in Eu- rope. He spent sometime at the meet ing of the League of Nations at Geneva. He was brought into personal touch with Lord Robert Cecil and other states men of France and Great Britain. He spent much time in Paris where he has gained first-hand information. MT. Pat terson feels justified in sending by cable to the United States the result so far of his investigations. He fears that condi- tions forecast peril unless something is done to alleviate them. He has dis covered that some nations cannot sell their surplus products, although other nations are in great need of these prod ucts. He has learned that hundreds of thousands of people are out of employ ment. He fears that the nations are spending too much money on armaments and other things that relate to war. He is certain that the worlds business has re directing head and he believes that some sort of association of nations is a vital necessity. It is needed to crush out bolshevism and to extend interna- tional credit He believes that unless a change for the better comes, civiliza- ton itself is imperiled Evidently MT. Patterson is anxious that the United States as soon as possible get into cor dial and wise relations with the other nations believing that by an associa- tion of that kind the peril ot which he speaks will be averted.
The Birmingham age-herald., 1921-01-31

, culation. net liability. s2e2 169, 900; all other liabilities. s2S,310000 total liabi-
 ities, S5,S61. 27,000. Ratio of total reserves to net deposit and federal reserve bank
 note liabilities combined, 49.0 per cent. Ratio of gold reserves to federal reserve notes in circulation after setting aside sl per cent against net deposit liabilities, 56.5 per cent.
The Birmingham age-herald., 1921-01-31
Negroes Are Arrested

Anniston, January S0.-(SpeciaI.)-- Officers King Smith and Joe 2Gnpin Saturday night arrested J. c. Gadist. Lony Freeman and E. J. Townsell. three negroes. under a charge of lar- ceny of shoes from that number of mercantile houses. Complaint has been lodged against the prisoners by mer- chants who had discovered their
The Birmingham age-herald., 1921-01-31
Hubbard Bros. & Co.

Members New York Cotton Exchange, New Orleans Cotton Exchange, New York Produce Exchange. Associated Members Liverpool Cotton Association. Orders solicited for the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Special atten- ton and liberal terms given for consisn- ment of spot cotton for delivery.
The Birmingham age-herald., 1921-01-31
To Lend Power
 By Associated Press

by Assoclatcu NNess
 Houston, Texas, January 3V-At Q con. ference between representatives of sev- eral railroads entering Houston and Francisco Perez, director general of the national railways of Mexico. arrange ments have been concluded for the loah- ing of American motive power to the Mexico lines