davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-02-05
MOBILE TO BE HEADQUARTERs

Noble, February 4.--MObiIe was selected today as the headquarters of the 39th division infantry. nation al Guard, embracing the states of Alabama, Louisiana, Mississippi and Florida The Headquarters company will also be located here.
The Birmingham age-herald., 1922-02-05
sMALL,s TRIAL SET
By Associated Pres

Waukegan. Iil.. February 4.-Judge Clair c. Edwards today set the trial of Gov. Len Small to start March 6. on charges of conspiracy to em- bezzle state funds while state treas urer.
The Birmingham age-herald., 1922-02-05
YOUNGSTOWN PAPER SOLD
 By Associated Press

uel c. Mcclure, who has owned the Youngstown Telegram for 15 years, today announced its sale to the Scripps-M newspaper interests.
The Birmingham age-herald., 1922-02-05
HARRIS WILL INTRODUCE
 RESOLUTION TOMORROW

Washington, February (Special.) ) Senator W. J. Harris of Georgia. or, Monday will introduce resolution in the Senate instructing the agriculaur- committee of the Senate to begin con- sideration of the Ford contract under which the Detroit manufacturer would acquie Muscle Shoals.
 The senator will move because of the time that will be saved if the House and Senate consider the propo- sition concurrently. He declaed this afternoon that he could see no rea- son why the Senate should await the indefinite time the military committee of the House and the House, itself, would be engaged in considering and disposing of the proposition.
 Harris Statement
 In respect to his contemplated step, Senator Harris said tonight:
 Yesterday, I called on the Secre- tary of War to send the Ford con- tract to the Senate just as he hah sent it to the house. The secretary was absent. His clerks were not inclined to act during his absence. I think the matter so important that will intro duce a resolution Monday instructing the agricultural committee of the Senate to get busy.
 "I have studied the personnel of the
 (Continued on Page Three)
The Birmingham age-herald., 1922-02-05

The proposal made by GoVerno Kby and his associates regarded of the sensational the indus trial history of the state since regarded bona fde proposal for the go the mining
 big scale and thereby provide for using the services of large number of its convicts.
The Birmingham age-herald., 1922-02-05

day and night Associated Press dis patches seven days week.
The Birmingham age-herald., 1922-02-05
BIRMINGHAM WEATHER

Unsettled today; probably rain.
The Washington times., 1922-11-06
OH Stocks.

rursishsd BY ". y. Hibss \ Co =
Prices ar noon. RidsI Asl
The Washington times., 1922-11-06
PERMITS ARE ISSUED TO
2ea COAL PRoPRIEToas

The fact that the Federal Bureau
Of Mines has issued 263 permits for
prospecting for coal on Government
lands. forty.two leases for com.
mcrcial coal operations on these
lands and five licenses for production
OF coal limited 10 personal use, fore.
casts the future extensive develop
ment OF a substantial coal mining In.
dustry In the public land areas Of
certain Western States. according 10
a statement issued today by the
Rureau OF Mines.
Tho. total minimum annual produc.
ticn ~ coal required iu the issuance
of these various authorizations IL
.sse.sso tons. while the total In.
vc~tment 20 nc expo nded on Icascs
amounts to 81 ts3 $50.
The Washington times., 1922-11-06
EMPLOYMENT q 8. 4
. SHOWS GA|NS''
!. IN IS PLACES
Car and Labor Shortage Is
Reported Holding Down Pras,
duction Now.
By JOHN GOLDSTROM
UniversaI Service.

Increased employment In df,y-
six Of the ,sixty-f.ve leading cities
Of the United States was reported
today by the Department of Labor
In a statement which said. III
i employment has picked up. IN
all sections of the country and
shows a healthy and encouraging
condition existing today. The yQ.l
industry shows marked improve.
ment. In the Southwest; silk intlls
Are experiencing a lively revival
IN the Middle Atlantic States: "a, Z
iron and steel industry Is rapidly
recovering everywhere. although Ia
car and labor shortage seems to ne
holding operations and employment
10 % per cent production. ~
Railroad chops are increasing
employment, though being held
hack in some sections OF the coli,
Try from showing larger gains IN
employment due to the continuxrfes
Of labor controversies on some lines.
One OF the features Of the month 5
survey Is the continued steady e1n
ployment offered TO the building
trades throughout the entire co,in.
try. ~ -. sm
Huge highway construction pro.
grams are still under way taking
care Of tremendous amount % or
common labor. while large muniei.
pal programs are on foot. with
every indication, OF their contirfu
once throughout the winter mon Ms
weather conditions permitting" as,
Among the cities which sh8N
continued, improvement are New
York, Chicago. Boston. Detroit
TIT sburgh. Los Angeles, seattlt
and Atlanta. -
The Washington times., 1922-11-06
ROADS EARNED
2.88 PER CENT
IN SEPTEMBER
Figure Represents Marked De-
crease From Those for Same
Period a Year Ago.
by Universal Service.

Glass one railroads of the country
earned only 2.SS per cent on their
tentative valuation during Septem'
her. according to returns compiled
by the Interstate Commerce Com.
mission today. Their net operating
income was $5S.42S,000. or about
half the amount necessary for a
B.75 return as fixed by the recent
Interstate Commerce Commission de.
cision.
The September figures represent
. marked decline from the earnings
OF the same period a year ago, when
they were $87 .534 900, or at the an
nual rate of return of 5.34 per
cent. They represent an increase
compared with the preceding month,
however. of nearly s6.000,000.
: The gross operating revenues dur
ing September were s449.S79. 900,
practically the same as a year ago.
The operating expenses were $4OS..
~ 1000. representing an increase Of
So per cent Maintenance of equip.
ment alone cost 100000.
The net income is understood to
have been decreased by added cost
OF the shopmen's strike. and by In
creased expenditures to reduce the
number OF freight cars in need OF
repair.
= During the first nine months Of
the year the net operating income
has been s529. .413 900. comparcd with
f592. .1o3. 900 last year. This is ut
fh< annual rate Of return of 3.9G,
compared with 295 in 1921.
The percentage returns OF the
Eastern district in September were
f.gS; Southern district, 4.66; West.
ern district. 34S. Forty-four roads
IN all districts had operating de-
firfts. compared with forty.nine in
august. ... ~.
The Washington times., 1922-11-06
bANKDEPOS|TS
FOR past YEAR
/ SHOW BIC. GAIN
Resources Increase More Than
Billion and General Prosperity
Rules, Says Report.
nv Universal service.

The prosperous condition OF ma
tionals banks througbont the coun'
try 10 noted In summary made
public by Comptroller OF the Cur.
rency Crissinger OF reports received
from the banks as OF september lT
The reports show that the re-
sources Of national banks were
greater by sl,2Og, ,gI9. 900 than on
September IS a year ago, while de'
poslts between the tive, dates In
creased ss27.449 900.
Comptroller Crissinger sum-
marlzes the reports by stating that
they show continued Improvement
In national banning conditions, and
are evidence that the nationai
banks have materially strengthened
their condition during the past year
and are now in q better position 10
respond to the financial needs OF
Industry than ut any time since the
beginning Of the defiation period.
The statement shows total re-
sources of national banks, on Sep
tember 15 We're s?0.926 .099 900, an
increase Of .s1,206,919, 900 over Sep.
tember 6, 1921.
Loans and discounts, including
rcdiscounts. on September 10 were
31l,236y y026 900, a decrease OF $446,..
t,VVV nuCt cSptShiuNi ", ~
Loans and discounts did not reach
the war peak until November 10.
1920. when they amounted to s1S.-
764,721 900.
Investments in United States
Government securities since Sep
tember 6, 1921, increased $54O,5l5..
900, OF which s1l7,033,00O was since
June 30. Investments In other
bonds, stocks and securities since
September 6. 1921, increased s3l6,-
03S, 900 and since June 80, $1l,9l6,-
900.
Amounts due from banks and
bankers increased since September
Q, 1921, $639, 9,153. 900 and since June
20. $264,967 900.
Deposits increased since Septem-
ber s, 1921, S2.O37 $40, 200 and since
June 30, $27S.1S9.000. Total de-
posits September Is were $16,59S,-
S62. 900.
The Washington times., 1922-11-06
HUGE DROP IN COST OF
THANKSGIVING DINNER

NEW YORK. Nov. s.--Thanssiy.
ing dinner will cost the American
family. taking the country as a whole,
from 10 TO Is per cent. less than last
year, according to prices gathered
from all parts OF the country. -
Prices OF turkey, the basis of the
nations feast, ere lowest In the far
West, where production Ia most ey.
tensive. From that section 10 the
East retail quotations on the ma.
tional bird" assume a steady incline
In New England and New York city.
where "scarcity" Is bcmoancd By
dealers.
Descendants Of New Ensia ndsrs
who established Thanksgiving will
eat dinner on that day In 1922 for
iower cost than last year. however.
Boston turkeys retailing at so To ss
ccnts. 80 compared TO 20 60 90 cents
IN 1871. with the shortage somev hs
Offset by bumpencrnp Of pumrkihs.
The Washington times., 1922-11-06
HELlcoPTER COMPANY
WOULD DEMONSTRATE
Furnished by Reu,nond Z Co,

Permission to demonstrate hello.
copter on the Monument Grounds in
the rear Of the White House was
n slxcd today in a letter which the
District Commissioners received
from the Chicago Helicopter Com.
pany. Ltd. The company said that
IL permission is granted the plane
will fly here shortly. II Is said that
the machine will rise or descend YER.
tically. Information was also asked
regarding regulations governing fly.
ing In the District.
The Commissioners will forward
copies OF the local restrictions on
acronautics to the company.
The Washington times., 1922-11-06
FINANCIAL COMMENT

tcopyriEht. Isac. by Cosmopolitan News
Service)
NEW YORK. Nov. 6.-After all,
the most reliable indices OF general
business conditions are to be found,
not in the theoretical calculations Of
statistical experts. but in the atti-
tude of individual business leaders
toward developments in their own
particular lines. or what use Is Il.
say some business men. that prices
Of certain commodities are steadily
ascending. when they have not these
commodities to fill the bill. The old
sci kirk grace gives thanks not only
that we have meat. but that We can
eat: and fortunately we are now able
to apply this happy condition 70
American business. Not only are
we producing in good quantity, but
We have arrived al a time when our
commodities are becoming in greater
dema nd in all the principal markets.
The business revival, which has been
foreshadowed for So many months,
Is now clearly in evidence. --.
Inc bala nee or tns t-scdl year Is
without doubt the most important
period for the retail dealers OF the
country. The basic. industries have
come through in good shape and the
holiday season is always best cal.
culated to bring the dollars out OF
hidink. The retail business Of the
final months Of 1921 was on the
whole, unsatisfactory, in which re-
spect this year Is expected TO show
a very favorable contrast. Prices
OF the pr .ncipal farm products have
reached the point where a fair profit
Is being shown 10 the producers. and
the buying power OF the agricultural
districts has been greatly increased.
The metal markets are also favor
ably situated, not only in production.
but also In the demand for finished
products. Wage disputes have been
pretty fully settled and industrial
peace is generally in evidence. All
these circumstances combine to
make very satisfactory situation
Cor American business as the year
ends. .H -...
Wall street has paid very iittle
attention TO the election TINS yeel'
and II is doubtful " this big annual
contest mas ntu dIly ci'ctN WhosVNf'
upon the course OF prices. The onl,
significance of an election to tbs
speculative district would be found
in the prospect Of change that
would upset underlying conditions ir
national policies. With tho con
scrvative members of the two major
political parties, Wall street he,
nothing 20 fear. Put the election Il
Congress Of any considerable numbe,
OF the so.calied radicals, who Nigh,
attempt. drastic changes In banking
legislation, taxation. tariff, etc,
would be q matter OF greater conse
auence. Even should this happen
however, " IT. the stated policy Of the
Administration TO hold only q ehor,
session OF Congress immediately aftei
election and 10 adjourn early nexl
year. 90 that u would he q year. al
least. before ncwly eiected radicals
could esercise any influences In ma
tivnsf legislation.
The Washington times., 1922-11-06
BOND MARKET
REC0vERSFR0M
Recent LOSSES
Experts Think Prices viii
Show General Improvement
From Now On.
by MUNROE ROBERTS
Copyright. 1874. by cosmopolitss
NsUa sservlceD. ..


NEW YORK. Nov. s.-The gen
ersi recovery In bond market prices
which featured the last two days OF
last week resulted in the regaining
Of nearly half OF the recent losses
which had been chslked up against
the second grade OF speculative rail
road or Industrial bonds. Compared
with a month ago. the ten highest
rails are down on the average about
2n points, the second grade rails
2 points. the indistrials I point,
and the public utilities little more
than / point The bonds Of the cop
per companies moved In sympathy
with the rally Of copper stocks, and
the bonds Of the railroad companies
reflected the Improvement In the
general railroad situation. The con.
census of opinion among bond ex'
perts at the beginning Of the new
week Is that bond prices should
show a gradual Improvement over
the year end.
Long term State and municipal
loans issued in October amounted 70
s69.S95,55s, which Is the smallest
total recorded so far this year, &C.
cording to the records Of the Daily
Bond Buyer. Comparing this figure
with sales of $lls.0<9,410 In Sep
tembcr and sl25,I2s,375 In October,
1884, II appears that States and
municipalities have caught up with
their construction programs and
win now proceed with capital OK.
penditures on q more normal basis
than in the recent past.
Municipal bond prices have re-
ceded but little in bond market
values.
bonds together with the continued
heavy demand from investors seek
ing exemption from the federal In
come tax levy. Is the answer to the
underlying market strength OF niu.
nicipal bonds,
The bureau Of railway economics
estimates that the total funded
debt of the American railroad sys'
TENS Is just slightly below $4,000
100000. Of which all but S3S,0oo,0oo
is outstan nding In the hands Of the
public. The bureau finds that the
largest single item making up the
funded debt Ii mortgage bonds
which total sf.ll1 .5l .S47. These
bonds mature in varying amounts
from 1922 to 28l0 and upward. In
1922. Ss2.l22 500 of the mortgage
bonds mature, while the record ma
turtles are made from 1850 to
1853. with 1910. .90S,1s5, and from,
1890 to 1893 with $1.016,s21,005.
The new slS.000.000 twenty.year
sinking fund per cent gold bonds
OF the republic Of Chile are offered
today by the National City com
pany Of New York at e6is.
The Washington times., 1922-11-06
BUSINESS AND FINAN CE
Local Stocks.

SALES.
Capital Traction, l0Qi02, 3ql02,
l0Qlo2ts. i0@iQzis. i0@io3. LOG
iO5h, 80 gf03ls.
Lanston Monotype. 1097s&, 2Qso.
Mergenthaler, 1oQl77. ioQi7I. 10
PiI7. l00i17 10a1T6&.
= AFTER CALL.
Washington Gas SIS. s5ooqs5.
$1,000 s5, sboo9e5, t5oo995i..
Washington Railway a Electric
pfd.. 6Q7sh.
Washington Gas Light. 10@S7.
MONEY--Call loans. sos per cent.
The Washington times., 1922-11-06
MARKET
DECL|NESUNDER
HARD PRESSURE
Leading Oil, Rail, and Indus
trial Shares Offered at Bar.
gain Prices.
by w. 8. COUSINS.
tcoDyrish,, isss. by cO.@Op0'l'.n

News Service.b .tft
NEW YORK. Nov. 6.--stocks
were brought to market In good
quantity today and placed on the
bargain tables. with price tags re-
vised to suit the urgency OF the
sellers. Opening prices for pise'
tically all of the big specu ative
leaders were a point or more below
Saturdays closing level. The only
stock that offered any resistance
were a few Of the coppers and the
two principal mercantile stocks
May and Woolworth.
There was nothing In the domestic
business and Industrial situation 70
suggest reactionsry tendency IN
the stock market. All Of the Inn
portant economic bsrometers are
set for fair weather ahead, and evi'
dences Of general prosperity are to
be seen on every side. Not so much
can be said for the foreign situation,
however. and disquietiDg reports
crowded the first cables In the new
week. Sterling was down a full
point, while three of the continental
exchanges registered new low marks
for the year.
All Of the leading oils. rails and
industrials were pressed for sale In
the first hour, at the ned OF which
liquidation ceased and prices began
to- rally, under the leadership OF
the so-called mercantile stock. In.
spired by current reports Of the
most favorable developments I'm the
prominent retail establishments Of
the country. traders rushed the
market for the stocks OF these com.
panies and prices shot upward In
quick order.
Woolworth advanced fifteen
points to a new high at 202h: May
Department Stores gained about six
and sold at new high at 1874;
Kresge was up from 174is to 1S3k
Mackay companies sold up nine
points 10 new high at ll3, and
United Fruit gained four points at
1884,.
While activity was strictly limited
in other sections of the market. the
range OF prices in the second hour
was generaly better than that. which
prevailed at and near the opening.
The motors, equipments and rails
picked up point or more of their
early losscs, and the Pan-American
Oils ever . points. Considering that
Mexican Petroleum will today bid a
final adieu to the stock market as
an active member of the trading list.
transactions in that stock were very
light. and prices generally lower. II
Is presumed that the shorts VINO
have not covered. IL any. will be
nermitted to deliver 2ia shares of
Pan.American b
Trading narrow down TO a few
OF the market specialties as the
morning advanced. and at noon the
market was extremely. Inactive. -.
The Washington times., 1922-11-06
RAILROAD EQUIPMENT
INQUIRIES INCREASE

NEW YORK, Nov. s.--Railroad
buying continues to feature the
steel market and purchases in the
near future bid fair 10 exceed those
Of any, period in the history OF
transportation. Today there are
contracts pending for at least $4,000
cars and 2s5 engines.
Shops are already preparing
figures on $3.50 cars. while the
Rock Island and Northern Pacific
are expected toipcrease their orders
80 that the total inquiry will amount
TO something over $4,000 cars.
This Is the largest volume OF
equipment Inquiry in history. ex.
cept during the war period when
the railroad administration bought
100000 cars for all the carriers. :; :.
The Washington times., 1922-11-06
IOWA AVERAGE" FARM;
SELLS FOR $2f2 An ACRE

FORT DODGE. Iowa, Nov. s.--In
a public auction held here the farm,
OF Gus Eoishts. eight miles west. OF
Fort Dodge. sold for s212 an acre
cash. The Noisht farm As rec. acres,
has fair improvements, but is con.
sidered only. an average farm.
Experienced land men declared
that had LIBERAL terms been Offered
the Vo.shts farm would have sold
for as much as~s27si an acre or more
The Washington times., 1922-11-06

According, to. complete reportS 10
the interstate Commerce Comnis-
sion, the class ] railroads OF The
United States> In September had a
net operating income Of S5s,42s,OO0
This represented return on an
annual basis OF only 1888 per cent
on their. tentative valuation. The
carriers In. September last year hid
q net operating. income of $s7, ,5S4.-
600. which was at the annual rate
Of q return of 4.32 per cent, while
in. August this year 1t was s52,.
S7s,7s7, or 2.sa. per cent. Reports
show that the railroads failed sby
sSs 900 Of realizing IS per cent
return on their tentative valuation.
Expansion. OF operations. Of the
American ,Woolen Company has
been marked in recent weeks and
at present the system is function.
ing at. well over 30 per cent cspac.
ity. The strong wool market, now
prevailing preciudes the pU.sabin, y
OF ' the company having 10 absorb
any inventory losses at the end of
the year and, for that reason there
seems to be no question that, all
dividends, preferred and common,
will be comfortably earned for 1879
The Washington times., 1922-11-06
|. c. c. Bars Rentals.

The Interstate Commerce Com
mission held today that railroads
were not justified in renting real
estate to shippers upon merely nomi.
nal terms. stating that rental con-
tracts in such cases should be no
less favorable than those obtained
by independent concerns.
The Washington times., 1922-11-06
U,s.F0RE|CA
!. TRADE DROPS, s,
NEAR 4 THIRD
Agricultural Exports Big. bot
Bring 500. 900. 900 Less
e. = IN Last Year. ra,' o.
b. CsItsr.ai Service.

The foreign trade OF the CnilSd
States fell off nearly s3,soo. .ooo.o0o
during the year ended June 80. the
Department Of Commerce srrorrcrc
today. Durinz tire same period inf
favorable trade bslance. OF eaces-
Of exports over iup9rs, -, oppyd
from S2,s62, ,050, ,6S1 "a S1.i53,20TA2p
The exports and imports dur(h-
the two years were as follows: t.
7, .l'>A.t.' 1901 ls2l sssSt
Imports SS, SIS, i5e,gGi S-.6os.0.sxvs
Exports. .e.5ls,5i0.O3s 3.'7i.2sOhss
Z --- ----rrr.
Total 80 - lu'
foreign - 'iN
trade ...l0, 0,t70. .s69,J79 s.3's.3So.4'o
The fall in the monetary valuess,
imports was therefore 28.6 per cenf
In expDrts, 42.l per cent, and IN ~
tai trade 1913. The great dechpt
from The previous year was due,tn
large degree to fall In prices.
rather than In quantity, II Is stated
Agricultural exports, for example,
were actually larger In quantity
during the year Of depress on. Al
tiiough they decreased In value BY
about 500. .oeO.0o Roughly, thr
whole foreign trade II valued at The
prices prevailing the preceding year.
would have shown an increase VI
81 per cent, Il Ia stated. "a
OF the gold situation the STATE
ment sets out: -
THE gold situation Ii a mattei
Of great deal OF economic thought,
and no doubt the heavy drain ~
America has contributed to the
instability Of foreign currenctes
Our gold stocks amount TO abouj
t3,0f7.000, 900. OF this. the minimum
legal necessities at the moment foi
assurances 10 our currency ani
credits amount roughly to about
81 500 ,000, 900. but for so per ccnl
reserve Of security We would W
quIre about 81, 400. 900. 900. Therefof'
our surplus amounts to over 500.
O00. 200. NhJe this is an esseG
nevertheless would be more advah
tageous to us II II were IN activ'
tIse I:z
Referring to the steady shrink
age Of our favorable trade balance
which would make IL appear that
the bxiance will disappear In an
other few months, the report ,eN
presses the belief that the Invisible
exchange "is certainly able to take
care of the commodity balances
and that we are reaching the enc
of the gold import stage Of ws'
readjustment." N,dj'
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1922-02-24
MOONSHINER REFUSES TO
DRINK HIS OWN PRODUCT

One OF the best illustrations OF the
dangerous quality OF bootleg whisky
comes through official channels from
Saline county. Arkansas. where State
Director Rowden recently conducted
a raid.
\ moonshner was taken and his
plant which consisted OF o0-galou
iron oil barrel Tor pot, and coil of
lead pipe ior worm, was destroyed.
In his confession tho moonshincr
stated that he had been engaged in the
business about eighteen months. had
manufactured and marketed about
400 gallons OF whisky, and had sold
the entire output to citizens of Little
Rock, Hot Springs and Fl Dorado.
lie sWorc that he had never in all
the time he had been IN the business
drunk ono drop OF whisky that he
had made himself and that lie would
not drink a pint OF his own booze
for a thousand dollars because it was
rank poison and he was afraid it
would Kill him He wasn't total
abstaincr, however. The fact is, he
admitted that he was drunk a great
part Of the time during which he was
engaged in the manufacturing of boot
leg booze. but he got his kick from
extracts and Jamaica ginger.
It is safe guess that most boot
lcggcrs and moonshincrs arc not
consumers OF their own product Ii
they were the country would soon be
rid OF this class of criminals