davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-04-14


An Act to Amend Section Forty.tnirsTs
of Chapter Two of the ResH,st.
Statutes, Relating to the Appon'
ment of Dedimus Justices.
Section forty three of chapts. .sy
OF the revised statutes is he.ed
amended by inserting after the s.sof
persons" In the second line tnsesstsi
the words. who shall be design aid
as dedimus justices; go the. 4,
section, as amended. shall reao
follows:
Sec. 43 The governor, with
advice and consent of the eos.os
may appoint In every county Pes,rgs
who shall be designated es dso"rS.
justices, before whom the oaiM sliiy
auired by the constitution 10 snb.
civil officers. may be taken ana rcise
scribed. Such persons SHAH e.AbalIbe
their powers, and duties. ana ID sndSfof
commissioned to act WITHIN afi az.
every county. This section snad and
ply to such persons appoin!tssuirt
commissioned prior to the IA apd
day of June, nineteen huhety acts
eleven. and shall validate s sn BY
heretofore or thereafter o9nsreun.
them which would be .valid
der. '--(Appreved March 24l
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-04-14
CHAPTER 81.


An Act for the Better Care Of In
mates of the state Prison and
Mems Reformatory Suffering from
tuberculosis.
Whenever any inmate Of the state
prison or of the mems reformatOry
shall become afflicted with tuberculo-
sis so that the welfare Of such In
mate or the safety of the other In
mates of such institution shall re-
Quire his removal therefrom, the
board Of prison commissioners or the
trustees of said reformatory, with
the approval of the governor, may
cause him to be removed to one of
the state sanatoriums. to be there
kept and treated until he may safely
be. returned to said. prison or re-
forn1atory. In the admission OF new
patients the officers of such sana-
toriums shan give preference to
persons transferred under this act
(Approved March I'D
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-04-14

CHAPTER 35.
An Act to Amend Section Fifty-fve
Of Chapter Fiftyotwo .,. OF the Re
m ysnf s 81 pepcsits e'a upon Iiauias
ton of Savings Banks.
Section fifty-five of chapter. nifty
two of the revised statutes is hereby
amended by adding at the end OF, said
ever. that whenever, any such UNI
claimed fund is in an amount less
than two hundred dollars. the
claimant thereto may make appii-
sapfeme 70 jud has eeou who mas
tory, issue an order under the seal
Of the supreme judicial court direct,
fund to the claimant therein named
and said fund shall be paid as direct,
ed SO that said section as amended
shall read as follows:
Sec. SIS. After a decree of seques-
tration is passed as, provided in the
0receding section, the court or, any
Justice thereof. in vacation. shall APP
point commissioners who shall give
such notice of the times and places
justice orders; receive. and DECIDE
upon ali claims against the. institu-
ton. and make report to the court
at such time as the court orders Of
s na e IL tne aS@na ae sa each depos
tor. which shall be subject to excep-
ton and amendment. as reports of
masters in chancery. On application
Of any person interested. the court
may extend the time for hearing
claims by the commi ssioners. as JUS
tice may require. When the amount
due each person Is established the
court shall cause others than depos-
itors to be paid in full. and after
deductifg expenses the balance to be
ratabIy distributed among depositors.
When 1t appears. upon the settlement
of the account of the receiver of such
an institution that there is remain
ing in his hands funds due deposituts
who cannot b. found and whose heirs
or legal representatives are unknown,
the court may. order such unclaimed
funds to be paid into the state treas
TRY. together with a statement giving
the names Of such depositors and the
afriotfnt due each, the same to be held
subject for twenty years thereafter
to be paid to the. person or persons
having established lawful right
Thereto when made to appear upon
proper proceedings Instituted In the
court ordering such disposition of
such unclaimed funds; provided. how
ever, that whenever any such I'M
claimed fund Is in an amount less
than two hundred dollars, the claim
ant thereto may make application to
any justice of the supreme judicial
court who may after Identification to
The Birmingham age-herald., 1921-02-27
WEEKLY METAL
By Associated Presa

New York. February 26.--Steel mar ket conditions are practically un- changed. Scattered orders continued to cause more hopeful feeling occasional ly, but on the whole, the market was dull and weak. Independent compa : nies in some cases made further in- creases in vaues, but cuts have failed thus far to stimulate business. More wage adjustments are anticipated, how ever. and this Is expected to further af- feet prices.
 Pig iron reflects conditions In the steel markets and the tone is weak with the demand poor and mostly for small lots. Round lot orders are scarce and meet with sharp competition from sellers.
 Copper was easier and the demand quiet Some small producers or GUS tom smelters have been shading the ments of electrolytic. Larger pro ducers, strengthened by financing of surplus stocks, seemed disposed to await revival of a demand rather than press for immediate business and are holding for 13c to 13%c for second quarter January exports were the largest in six months and buying was one of the most encouraging features in the market, chiefly for French and German account. Leading manufac- turers of brass and copper products have made further price reductions.
 Lead was easier. reflecting declines, while the consuming demand was dor mant.
 Tin is shaded another Hc by inde- pendent dealers, due to weakness in London and selling pressure in the west
 Zinc was also dull and easier. The possibility that German competition may undersell domestic producers re- stricted the demand for heavy local stocks.
 Antimony was quiet and steady. Stocks were ample. but there was no disposition to sacrifice, them in view of the light offerings from the far east
The Birmingham age-herald., 1921-02-27
WHEAT MARKET WAS VERY NERVOUS IN
 CHICAGO GRAIN PIT
Depression Caused In Corn By a Decline In Receipts as Compared With the
 May Delivery
By Associated Press

Chicago, February 26.-The wheat mar ket was extremely nervous today and fluctuations were rapid. Shorts in March were inclined to cover, and that delivery was rather firm. It was this firmness which prevented the May delivery from slipping much lower. At the finish wheat was 1c lower to Ac higher, including March at s1 .es@1.SA and May H.sT@ 1.5714 Corn was off Ac to 1i4c; oats were down 9sc to %c. while provisions finished strong.
 The feature in wheat was the relative strength in the March delivery, which went more than 11c over the May. Senti-
 ment was decidedly mixed, and while some of the local element were very bearish, there were others who were strongly of the belief that the market was to work higher. The main buliisn influence was the prospect for marked improvement in the export demand. Ger
 many was reported to have purchased wheat in the United States and was after more.
 Large receipts and decline in cash corn as compared with the May deilN- cry had a depressing influence on coarse
 grains, which averaged lower and more
 than offset the effect of the relative strength in wheat Local sentiment was bearish. Exporters were after corn in the west and sales of 60,0O0 bushels were reported.
 Provisions were firmer,s with hogs and
 on small receipts here and in the west.
The Birmingham age-herald., 1921-02-27
COTTON SEED PRODUCTS
By Associated Press

New York, February 26--Following the weakness in cotton and the continued lack of demand for future deliveries that will keep mills employed, the cotton goods markets in the primary division have been weaker. The jobbers are do- ing steady business in small lots for immediate and nearby delivery, and, m turn, they are reorderng from miiI agencies for prompt shipments. The scarcity of goods for immediate delivery is confined largely to the staple standard brand merchandise, but 1t IS also true that many lines of wash fabrics and summer speciaities are not in stock, al though they are now being produced more freely. In mill channels there Is further talk of curtailrnent of produc- ton, due to the wiping out of the profit margin on unfinished goods. In distribute ing channels, nothing more than a steady filling in business is anticipated, and until something more develops among re- tailers, the absence of incentive to place mill orders lends color to curtailment discussion. Bleached and brown cottons, branded, are steady. Percales and prints are well sold for the next 3O days. Ging- hams are selling steadily. Fine wash goods printed, and yarn dyed are moving better each week from jobbers stocks. White goods are steady. The yarn mar kets have weakened and prices are at the low points again. Lines of fall un- derwear will be opened Tn another week or two, and there are signs of some lm- provement in knit goods generally. Agent prices are as follows:
 Print cloths, 2S-inch. 64x64s. SAC; s4x6os. 5sac 2S1a-inch 64x64s. Sc; brown sneet- ings, southern standards, 1lc to l113c; tickings, s-ounce. FOG; denims. s2.2o; in- digo, lie; stpale ginghams, 1s1xc; dress ginghams, 17c and 17c standard prints, He.
The Birmingham age-herald., 1921-02-27
CLEARING HOUSE BANKS
By Assoeiated Prcss

 New York. February 26.-The actual condition of clearing house banks and trust companies for the week shows that they held $14.340,9S0 reserve in excess of legal requirements. This is an increase of 32.618.610 from last week The statement follows:
 Actual Condition: Loans. discounts. etc, decrease $2.516,000. Cash in own vaults. members federal reserve bank,
 increase $861 900. Reserve in federal reserve bank of member banks, in- crease $S2,000. Reserve in own vaults. state banks and trust companies. de- crease $1S7,000. Reserve in depositar ies, state banks and trust companies. de- crease 9324.000. Net demand deposits. decrease $24.2s3.oO0. Time deposits. ln- crease @S.74s,00. Circulation. decrease.
 S24s.00O. Excess reserve. increase. g. 61S.e1o.
 Summary of state oanks and trust companies in Greater New York. not
 included in clearing house statement: Loans. discounts. etc. decrease, $4.1S6,- 300. Deposits with federal reserve bank, New York. decrease $1,141, ,00e. Total deposits. decrease $6.5s4.5O0. to- tai deposits, eliminating amounts due from reklrve depositaries and other banks ans trust companies in New York city and United States deposi- taries. decrease $11.62s.s00 Banks cash in vault, 325,438.1o0. Trust companies' cash tn vault. 34s.242.60n
The Birmingham age-herald., 1921-02-27
New Orleans Cotton


 New Orleans, February 26.-Except fol small gains around the opening, the cot ton market today stood at decline, being weakest in the trading toward the end of the session and closing at the lowest, at net losses of B to 43 points March traded as low as 11.17c and July as low at 12.0l and all months made new low levels for the season.
 That much of the selling was for long account was quite obvious from the character of the trading, and longs were scared out of their cotton mainly by re- ports of serious rioting in Alexandria The heavy selling toward the end of tho day was due to the fear that politlcai news Monday might be unfavorable. or ferings were increased by the unfavor- able tone or weekly reviews of trade in general and because of the renewed weakness noted in cotton goods markets.
 For a while on the opening prices were lifted by weekend short covering. put after advances of to 14 points had been scored the demand appeared to be filled up. A considerable number of profcs- sionaI traders went long yesterday and on the opening today on the theory that heavy covering by shorts was ineyltanie today. and when the market commenced to decline this cotton was thrown over board.
 After the close the trade was thrown into considerable excitement by the an nouncement that the head Of large cotton organization was seeking to have legislation enacted to prohibit short sell ing of cotton.
The Birmingham age-herald., 1921-02-27
FEDERAL RESERVE BANK
Bx Associated Press

Washington, t'euruary zo.-Combined
 resources and liabilities of the F federal
 reserve banks at the close of business
 February 25 were as follows:
 Resources-Gold and gold certificates,
 s217, ,335 600; gold settlement fund, federal
 reserve board, $50, 104,0o0; gold with for
 eign agencies, blank; total gold held by
 banks S747, ,439, 900; gold with federal re- serve agents, $1,234, 181 900; gold lredemp
 tion fund, $15S 693, 900; total gold reserves,
 $2, ,140 313,Oo legal tender notes, silver, etc.. $216 6S6 900; total reserves. E, 3o6, ,999 GOO; bills discounted, secoured by United
 States government obligations. g, ,00S, ,975 600; all other, 1892, PTS, 900; bills bought in open market, sl70 ,503, 900; total bills on hand, g, ,566 57 900; United States govern
 ment bonds, $25, ,849,0 600: United States
 Victory notes, $19,0O0; United States cer- tificates of indebtedness, $261 ,510,000; to-
 tai earning assets, $2,S54135 900: bank
 premises, $19, ,469, 900; collected items and
 other deductions from gross deposits.
 $6O7, ,422, 900; 5 per cent redemption fund against federal reserve bank notes, $12,- 159, 900; gold abroad in custody or in tram
 sit, s, 300 900; all other resources, T617,- oOO total resources, $5,s6l, ,101 900. Liabil- |ities-Capital paid in. $l00 790, 900; surplus, Sa02 0s6 600; government deposits, $62, ,984, . 0O0 due to members reserve account, $1,- 722. .sl9, 600; deferred availability items, $469, ,8ll, ,uUO, other uepoSitS, lnciuulnB' Ior- eign government credits, $23 ,305, 600; total gross deposits, 2. 279, ,019, 600; federal re- serve notes in actual circulation, $3.061, roc GOO; federal reserve bank notes in cir culation, net liability, $1S9. 35. 900; all other liabilities $3S, ,225 900; total liabilities. s. s61 ,1o1, ,0O0 Ratio of total reserves to net deposit and federal reserve note liabil- ities, 49.9 per cent. Ratio of gold reserves to federal reserve notes in circulation af- ter setting aside S5 per cent against net deposit liabilities. 5s1 per cent.
The Birmingham age-herald., 1921-02-27
Weekly Financial Review
Hy Associated Press

New York, February 26-In the fur
 ther depression of quoted values this
 week the securities market conformed to the more pronounced depreciation regis tered by toodstutts, cotton and numer-
 ous other staples which comprise the bulk of the worlds trade. There were occasional indications of greater sta bihty in the money market and m the inquiry for investment issues, but these
 were overshadowed by the diminished
 earnings of railroads and industrial com panies and fresh signs of labor dis-
 lurbances.
 phe policy of retrenchment instituted
 by the raiiway companies has reduced
 the working forces of the country s transportation systems to level DeioW
 the average of the year immediately pre-
 ceding the world conflict, and the pro- ductlon of steel and iron is less than al Iany time since l9l4
 Crude and refined oils were in process of further price readjustment and va rious projects which aimed at an expan- sion of the oil industry have been apan- doned, or at least indefinitely deferred because of unfavorable financial condi- tions.
 Shares of the many shipping companies having oil connections suffered seVereE in the weeks reversal, but Tn several n- stances impairment was due less to trade influence than to their precarious or un- tenable speculative position. Forecasts of the country's foreign trade for the month now ended offered little ground for optimism. Extensive
 shipments of grains and cotton are ex-
 pected, however, to effect some improve
 ment over January exports, which dis closed a shrinkage of more than $cc,-
 900 900.
 Bankers are hopeful that events of the coming week-the change of administra-
 ton in Washington and the separations conferences in London-will be accompa- nied by developments of constructive character The fate of various interna- tional underwritings now under consid- eration here hinges on the results ar rived at in London.
The Birmingham age-herald., 1921-02-27
SOUTHERN SELLING WAS APERTURE IN
 COTTON MARKET
Final Tone of Market Was Steady at a Net Decline of Twenty-Five to Forty
 Points
Ky Associated prsss

New York, February 26-There was a continuation of southern and scattered selling in the cotton market today, and still lower price levels were reached. with March selling at 11.50c and May at 12c, or about 450 to 800 points below the high prices touched on the advance or early January. Last prices were at ap- proximately the lowest, although the final tone of the market was steady at a net decline of 25 to 70 points.
 No fresh factor was reported in con nection with the decline, but there were various features responsible for recent weakness. Reports from Fall River said that increased mill curtailment was ex- pected there next week, while there was no improvement in overnight reports from Manchester, and the appearance of southern selling orders on an opening advance here increased nervousness over the spot situation. At the start there was quite good deal of reactionary feeling around the ring and the opening was to 9 points higher on covering, with May selling at 12 Soc and July at 13c.
 Otherwise, however, there was very little demand, and the market soon turned easier under the southern selling, re- newed liquidation and reselling by recent buyers. July broke to 12' 45c, with the general market showing losses of about 50 to 55 points from the opening prices and of SS to 40 points from Fridays clos ing figures. Houses with Liverpool con nection were sellers here toward the close, but the southern selling and fear of spot liquidation were the outstand- ing features of the morning in the opinion of local brokers.
 It is reported that local cotton firms have received messages from southern growers organization intimating that an effort might be made to secure legisla- tion against short selling.
The Birmingham age-herald., 1921-02-27
Chicago Live Stock

Chicago, February 26.-Cattle, receipts. 800, compared with 8 week ago; beef steers steady to 25c higher; butcher cows and heifers. 1c to 50c higher; canners steady; cutters, Bc to 50c higher; bulls mostly soc higher; veal calves mostly sl higher; spots up more; stockers and feed CTS 25c higher; spots up more, stockers and feeders 25c higher
 Hogs, receipts. 5000; active, 15c to 25c higher than yesterdays average spots more; closing strong; top, 10.75c; bulk. 900 pounds down. TO- 40Q10. 75c; bulk 20 pounds up, 9.50010 ac; pigs steady to higher.
 Sheep receipts, 10,000; today receipts in- cluded 1900 direct: few sales steady with Friday; compared with a week ago handyweight fat lambs. $1.50G11. D higher. sheep yearings and heavy lambs, g to BPS higher; spots up more; feeder lamhs S1 higher,
The Birmingham age-herald., 1921-02-27
SHORTS COVERED DURING HALF DAY OF MARKET TRADING
Gains of One to Three Points Were Registered By the Pop uIar Industrials, lnclud-
 ing Minor Steels
By Associated Press

New York, February 26.-The varlaple gains registered in the course of today short stock market session were largely the result of short covering induced to an extent by the more favorable tenor or overnight developments.
 Advices in so far as they dealt with industrial and commercial conditions, m dicated a slow but steady restoration or confidence, but there were no signs Of
 Gains of to 3 points were registered by the popular industrials, such as minor steels, motors and their specialties, to- bacco textiles and about score Of un- classified issues, including Internauonai Paper and Industrial Alcohol.
 Selling for profits caused nominal recess sions from best prices in the final deai- ings, but the net result again suggested an overaxtension of the bear position. The few exceptions to the general recovery were among rails and shippings, Readlhs displaying especial weakness in connec- ton with proposed dissolution plans. Salee amounted to s25,0 shares.
 fair amount of business was done m bonds. but those issues, including the Liberty division and recent international flotations, were mostly irregular. Totai sales, par value, s6,15o,0o0
 Changes in the clearing house weekiy statement were unimportant, actual ioane and discounts showing the nominal on traction of about $2,5Oo,oOo and excess re- serves expanding by a little more than 2.eOC.Ooo The one noteworthy item was a decrease of PA, 600 in net demand de- posits. l.,
 The foreign exchange market was III a state of deadlock, that condition peine attributed by dealers to uncertainty III connection with next weeks conferences in London,
The Birmingham age-herald., 1921-02-27
Money Market
Rr Associated Press

By AgsOciaveo rrcsS New York February 26.-Prime mer> cantile paper, 7A@7% per cent. Ex~
 change, irregular; sterling 60-day bills and commercial 60-day bills on banks. 3.s1A; commercial 60-day bills, 3.s1A 1;
 demand. 3.s6; cables, 3.s6A. Francs.
 demand. I'll; cables, 7.15. Belgian
 francs demand, 7.42; cables, TAI.
 Builders, demand, 34oo; cables, 34.1o. Lire. demand. 3.63; cables, 3e5. Marks,
 demand, 15S; cables, 1.59. Greece, de-
 mand. 7.s0. Argentine, demand, $500.
 Brazilian, demand, 15.s7. Montreal.
 I12H per cent discount. Government
 bonds. steady; railroad bonds, steady. Sterling rallied in the late dealings. 60-day bills and commercial 60-das bills on banks, 3S2A; commercial 6o- day bills, s.s2; demand. 3.s6&; cables, 387H.
The Birmingham age-herald., 1921-02-27
MARINE NEWS
By Associated Press

Port Eaus, reuruary 26-Arrived: Charles E. Harwood. Tampico; City of Vernon. Galveston; Finchiey (Br.) South America; Georgia, Tampico; Jalisco (Mex), Vera Cruz; Louisiana, Tampco; o. T. Waring. New York; Pyrgos (Belg.,. Savannah.
 Arrived: Schooners Lillian E. Kerr, Gulfport.
 Sailed Carplaka. Glasgow; Corson, Hamburg; Rama, Bluefields Saramacca. Port Barrios: Scantio, Hamburg; Sosua (Nor), Tela: William H. Doheny Tam pico
 Southwest Pass, February @.--Laks 2 Mattato, Nuevitas, Cuba.
 Sailed: Quimistan CIond) Port Bar- rios; Torres, Tampico.
The Birmingham age-herald., 1921-02-27
Sugar Market prAaR

New York, February 26.-There was nothing new in the raw sugar market today. It was believed that the Cuban committee was still offering Cubas at 4Ac, cost and freight, equal to s.llc TOT centrifugal. No sales were reported.
 In refined prices were unchanged al 7.75c for fine granulated. Many or the refiners have withdrawn from the mar ket. The demand continued gooo' Trading in sugar futures was again light. total transactions not exceeding .0f0 tons. The undertone was steady and closing prices were 1 to points net higher March closed at e.oac; May, 5.2sc; July. 5.4Ssc, and Septem- Der 566c.
The Birmingham age-herald., 1921-02-27
St. Louis Live Stock

East St. Louis. February S.-Catsle, receipts, 150; no market today. Compared with week ago steers, Soc to 75c higher. heifers. 75c to S.3 higher; cows. 50c to $1 higher; caners and bulls steady; veal calves, $l.50dg higher; stockers and feed CTS, 5Oc to 75c higher.
 Hogs, receipts. 5000; opened active and 15c to 25c higher than yesterdays aver age; closing slightly easier: most of ad- vance on light weights; top, $10.85c for one load; practical top. 1075c; bulk lights and mediums, 1o01o5o packers sows and pigs steady; clearance and quality good.
 Sheep. receipts. 300; no market today. Receipts all direct to packers, compared with a week ago, generally about $1.v1 higher.
The Birmingham age-herald., 1921-02-27
Hubbard Bros. & Co.

Mmebers New York Cotton Exchange, New Oriesns Cotton Exchange. New York Produce
 Exchange. Associated Members Liverpool Cotton Association. Orders solicited for the purehase and sale of Cotton and Cotton tiou and liberal terms given for consign- ment of spot cotton for delivery.