davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10
BETTER CONDITIONS
SEEN BY GOVERNORS
OF FEDERAL RESERVE,
cad of Atlanta Branch Says Feeling of Restored Con-
fdence With Increasing Strength Is Feature of
Haf-Year, Ending June 80.

District. which was probably hit
harder by the general depression i'm
1870 and 1921 than any other district
IN the country. Is nov facing "A de-
oidedly brighter outlook, and all
though recovery here has up to this
TIM" made s6incwhat slow PROGRESS,
present prospects indicate that this
district viii enjoy one of the most
successful crop years since 1919, and
returns from 1922 farm products
should restore practically normal
business conditions here during the
coming fan and winter
Deposits Of member V,auks in
creased from sGG5. 10000 on Dccem-
Der 81 1921. to SG9S.729,O00 on June
80. 1922. or n gain Of t33.539. 900.
This Increase Is especially Significant
because II occurred during the season
oil tho year when there is usually
a heavy decline In bank deposits. In
fact. during the corresponding six
months in 1921. there was de-
crease In deposits OF sl0c.0cO.ooo.
one of the most reassurinr evil
denccs of the progress being made to-
wards normal conditions in tho
Southwest is the statistics OF com
mcrcial failures. which show "A stead
lily decreasing business mortality
rate during the past seven months
The aggregate liabilities of firms
which suspended In July was So per
cent less than the monthly average
Tor the first six months OF the year
Banks generally are In strong
condition. and are ready and willing
to finance any legitimate expansion
or Industry and commerce which
may warrant it
Governors % the Federal reserve
banks doing business in the Southern
district all bear witness TO the I'm.
crchsing confidence In business cir.
cles during the present year. and the
upward tendency OF bank deposits
and increasing reserves
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10
MANY NEW BUILDINGS
NOW UNDE WAY FROM
BALTIMORE TO EEL, PASO

CONTINUED From Fourth PagcD
construction will probably be de-
layed until next spring.
Lexington shows steady con-
struction schedulc. evenly distrib-
uted A s:5o.00O ,hca,cr tops the
'iSt OF large operations. followed by
junior high school $4,000.
Henderson's industrial life has been
greatly stimulated b. the erection of
the new 100000 plant OF the Ken
tncky Chemical and Carbon Company.
Tho German River Jockey Club hay
also invested half a million in n great
race track and racing plant. The cItv
also Inns half million dollar pro
gram of paving and sewerage. Tho
National Bank will shortly mako al
terhtions ~ It's present building to
cost s5o'ouc. Tho civic clubs OF the
city are ra!s!ng funds for $500 900
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10
Ivy VI. Is. wellbOrn,
m IslH.ps,l IynTerCn Ia

lDVcfnor Federal reserve BANK OF
Atlanta.
The outstanding feature or the H.
incial and commercial world lying
thin the Sixth Federal ReserYc
listrlct during the six months period
ding June 80. is the general feel
& OF restored confidence which has
sen felt with Increasing strength
ring this time.
This confidence has been expressed
/ many lines. It's most significant
OPPRESSION being the gradual rally
l'G Of the total volume of debts 10
l'dividual accounts-one Of tho mos,
|sliablc indexes to renewed business
l2tivity. May and June revealed in
|rcascs over corresponding months
T tho previous year, this being the
rst time In many months that such
condition has existed.
OF particular Significance is the
act that loans to member banks on
10 hooks OF the Sixth Federal Re
>rve Bank at the present time have
decreased approximately 33l per
ent over the same date last year,
'hlch shows that our member banks
ave reached tho point where they
AN finance their own paper to a
|irge extent. ana reflects the vastly
improved conditions throughout this
lection.
I.onnH Lower
Loans outstanding on our books AS
!! August 20. 1929. ,otalcd s3o.7T3,-
i13l. as aRnins, a. total Of sio4.-
fa.56ol7 for the same day in 1921.
IN the six months period Of this sur
"y the ratio OF cash reserves TO com
med dcposit and Federal rascrvc
Otto liabilities in this bank has
Impcd from 1913 per cent on Janu-
rN TO 1913 per cent on July ].
Nhen ., is stated that the reserve
alto required by law lis only 80 per
"nt. IL" strong condition OF our III
.Ancinl situation is made apparent.
sun another Indication ot tho
.rosress now being made by this
istrict can be found In a statement
deposits OF member banks. In
ompar!nS deposit, figures forasix
1onths' period. southern banks are
n decided disadvantage because o.
he fact that January finds de-
'csits at their peak. while July /
inds thom approaching the bottom
Ct in spite % this fact: tho aggre-
'Htc deposits OF our member banks
nrinE this interval have advanced
per cent. II Is
caSonabie to suppose that y CORES
ending increase has been registered
~ nonincmbcr banks.
twenty New Hanks Enter.
New banks entering our member
hip during this period have NUN
erred twenty. but these have been
mall institutions and their combined
'epos!ts have not added materially
o tho Increases shown In the fol.
owing table. which shows tho agGrc
cato deposits In thousands of dollar,
II member banks BY states in thi.
IiAfnIct.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10
NEW AUTOMATIC
LOOM IS SUCCESS

WINCHESTER. VA, sept. oIn-
stallation OF new automatic typo
of loom that makes finer grado
OF cloth and does faster work thnn
other looms. was announced today
by the Virginia Wooden COMPANY
here. The new loom has been usad
IN cotton mills. but only recently
was perfected to a point where its
use in manufacture OF high-grade
staple cloth for mems suitings was
justified, IL was said.
Tho company will have 80 looms
in operation when new addition to
its main plant Is completed this fall.
The plant has floor space OF about
four acres. and is said 10 he the
largest wooden mill in tho South
manufacturing cloth for mems wear
ing apparel.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10

hotel, and river terminal to cost
$4,000 is advocated.
Twenty Industrial plants are work
ing full time and three coal mines
have operated throughout the strike
period.
greensboro reports gratifying
amount OF small buildings. a fine high
school. valued at $3.50. 900. Will be
erected beginning the frs, OF Scptem-
Der. Winchester reports municipal
improvements active with over two
miles OF pavement laid In 1922. sewer
extensions and enlargement OF tho
water system.
st. Louis md Kansas City.
St. Louis is almost 100 per cent in
advance Of its 1921 building schedule.
one of the most important items on
this list is the spacious apartment at
| Union Boulevard ana Forest Park. a
| sl.500.000 structure. Tho imperial
/ Trust Company is erecting home
valued at three quarters OF a million.
| The Garden Court apartments, $780,
! 900; two university buildings. $780,
| 600; three churches. $4,000 and
several large warehouses are on the
! list.
| Kansas City. ranking fourth on the
list of Southern cities. Just under st.
! Louis. makes up it's total from com
paratlvely small amounts. The Belle
rive hotel, s650.O00. tops the list, fol :
| lowed by the Kansas City Ice Storage
and Warehouse Company. s5T2,OOo;
! an apartment hotel, 100000 two
churches. $4,000; stock pavilion
100000; number of apartments
and other structures. General condi-
tons in the trade area are materials
improved.
st. Joe's ofncial figures have been
deprived Of an 100000 hospital
erected beyond the limits. Buildings
ranging between 100000 and $780,
Coo include Lee Broom's Hotel. hos.
pital. an auditorium. church, apart.
men, and Industrial plant Another
apartment hotel is announced. The
city has definitely announced the be.
ginning OF an elaborate municipal pro
gram at an early date to cost $3.50
900. including new sewers. a city hal
and city hospital
va 'sc ''''N tDhd'S nave Deelt
ed by SCHOOL and church buildings 4,
excess of 100000. Columbia |,
erecting 100000 worth OF buildings
at the university and $4,000 more
- stephens College. Residence build.
ing Is very active.
Arkansas Cities.
Little Rock has almost doubled Iast
years record. A large warehouse
hospital additions. manufacturing
plant and many residences have help.
ed out the figures. Pine Blufr's show
ing Is accounted for by two large
churches. a school and small com
mercial and residential buildings.
Fort Smith has just dedicated a
concrete bridge over the Arkansa.
River costing sli0O,OoO: a Methodist
Church. 100000: hospital. $780,.
600. and schools. $4,000. make UT
tho large items for the first Six
months. \ $4,000 apartment and
half million Of street paving ar,
announced. Contemplated building
amounting to two millions Will in.
clude an Office building and three
| wholesale warehouses
New Orleans.
Included in the excellent Showing
made by New Orleans during tn,
period il Sl,00o.O00 invested in schoo
aud college buildings. 100000 ir
churchss. similar amount in
Federal reserve branch. and two
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10

charter by the state Corporation
Commission 20 conduct a general
real estate business. The officers and
incorporators are :. Il, Jennings.
president: W. w Miller. secretary.
and j. ~ Summers, all of Johnson
CITY. Tenn.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10

pital. $4,000; hotel. $4,000: com
mercial structures. $4,000: dwell.
ings. $4,000. and 4 clubhouse. Sa5 :
400.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10

Iirnl Estate Firm.
KNe Southwest Apartment Com
ponc. Inc. Bristol. Va. with Il maxi
Mum capital stock OF $4,000 and
minimum OF $500. has been granted
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10

~ - ~ '"t'"i iNct'EN" Bank. oil
Atlanta
ny -. e. ni-p-.
Governor Federal Reserve Bank Of
ST. Louis.
Distinct progress in the general
business ami financial position of
the eighth Federal reserve district
the nrst six months OF 1922.
The year opened with "A feeling OF
greater confidence among the bust
ness community in values and the
future OF trade, and this has been
reflected in steady Improvement in
tn" volume Of production and distri-
button OF commodities. While the
disposition continued In the direction
OF caution and conservation, mcr-
chants and the public were filling
their requirements when prices
squared with their ideas o, value
The most notent single Influence
working for the general bctterment
vas the crop outlook. and the early
promise has been fully verified In
Yields o: the principal products Of
the district. This general region de-
pends largely upon the success OF
agriculture for its prosperity. and
TINS year VIII nc among the most
successful in that respect In it's his
tory.
Throughout the first half OF the
scar money was plentiful and OBJ
tainable at advantageous rates az
contras,ed with the preceding sew
cral years Liquidation OF intended
Indebtedness was on satisfactory
scale. and the end Of the first half
of lS2l found the banking situation
more nearly normal than at any
time since the war. Commercial
IN
tai number for the district in June
being 20. with sl.52o.233 indebted
ness. against III in January. with
liabilities of si.013.0oe. Spending in
tho district. as indicated by debts
to individual accounts. makes an ex-
tremely satisfactory comparative
showing. For example, in the week
ending December IS. 1921. the total
debts I'm the five largest centers of
This district Were sl53. 100000. while
in the week ended June IS. 1929. the
debts totaled sl92. 100000.
AS In tho case or other districts
tho volume of our commercial loans
mas declined. hut this may be ascrih-
ed to the smaller cost OF doing busi-
ness and other natural causes De-
posits OF the reporting member
hanks. which may be taken as in
NEGATIVE OF all banks of the district
increased 3.3 per cent between De-
cember IS. 1921. and Juno 20. 1922.
Between Juno I. 1921. and June IS.
o22, an increase OF Ga per cent was
shown.
The ratio of cash reserves to de-
post and Federal reserve note lAbiu
lies OF the Federal Reserve Bank Of
81. Louis on July I. 1922. was GA
per cent. rs compared to CIT per cen,
on juno /. 1922. and 66.d per cent
on January !. 1922.
y slowing down in business in the
immediate past has resulted from the
coal and railroad strikes, but with
the settlement OF these difficulties
there is every indication that the i'm
pr"Vemcni noted earlier In tho year
will hc carried much further"
-! II. A. Mckinney,
Governor Federal Reserve Bank OF
Dallas.
The Eleventh Federal Reserve
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-10

Total .tsoi.23s t75s.2t3
II Is my opinion that the present
trend will be maintained for num-
Der OF months TO come. under exist
ing conditions. and that tho showing
made on January ]. l:23. along all
lines VIII show considerable in
crease over January ! laa2
'Signcd) VI. u. wF:.LBORN.
Governor Federal Reserve Bank. Of
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
SUGAR SNOW STAYS
BUT v A SHORT TINE
Rays Of Old Sol Drive Away
Saturdays Snowfall Sum
q day and Monday

The snow that fell upon Mt. Vernon
and this section of Ohio was what is
known In the maple sugar making sec
tions as Sugar snow" because COM
ing at the time or season of gather
ing the sap from the maple trees. 1t
is believed to be especially favorable
to promoting an abundant flow of the
sap and therefore is welcomed by the
sugar maple manufacturers.
The snow disappeared Sunday more
rapidly than it came Weather con-
ditions changed Saturday night and
Old Sol had good chance to show
what he can do. BY nightfall all but
a relatively small part had disappear
ed having melted into water which
had found its way into the cutters
and thence into the sewers and final
ly into the Kokosing river.
Beautiful sights were to be seen
Sunday morning. The snow that had
fallen Saturday clung to the trees and
shrubbery in masses creating indes-
cribaly beautiful effects. Amateur
photographers were quick to improve
the opportunity to secure snaps Of
Dame Natures handiwork.
What remained of the snow on Mon
day melted rapidly under the influ
ence Of a March sun and by nightfal
), little remained to emind Mt. Venor
folks of the heaviest snowfall of tht
winter coming almost at the very enc
| Of the season.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
Revival SERVICE :.
OPENS LAST NIGHT
Over 1900 Persons In At
tendance At Vine Street
Church of Christ

Over 1900 people attended the op-
ening service of the Vine street
Church of Christ revival last night.
7 Mr. Clark and Miss Sells had charge
OF the song service and made fine, Inn
pressions. 10, ~ = 44og
Dr. Hugh wayt's sermon was on
aThe Power and Ability of Christ To
Help" He cited the following in, his
sermon:
The Saving Power-He Ia able to save
to the utmost all who come (Heb.
7:25.)
The Keeping Rower-He is able to
keep that which has been committed
to him (II Tim. 1:12.)
Delivering Power - He is able to
succor them that are tempted (Heh
2:1S).
Boundless Power-He is able to dc
exceedingly abundant above what we
ask of think (Eph. 3:20.)
n a
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
Greenfield Also Winner In
The Battle Saturday
Night
Delaware's Victory Upsets
All Dope; Fred Hayes
Writes Of Contests
10y FRED HAYEs)

Well, the southern division play-off
to determine what two quintets from
the south would tussle in the final ar
gument this weekend for the state
hOnors sure did one thing-it pro-
duced nice crop of veritable pikers
out of the pickers.
The dopesters and wiseacres were
given wallop right in the solar plex-
us.
The southern scramble was product
i've of more; than the usual quota of
upsets.
Fandom had been advised to keep
it's optics on Athens, Marietta, Cam
bridge, Springfield, Dayton Steele,
Xenia, Piqua and Dayton Stivers, but
when the smoke of the grapple had
cleared away and everything had been
said and done-mostly done-not a
single one of the "big" contenders re-
manned at the top of the heap. Above
all, standing out as the peers of the 7a
teams that competed, were Delaware
and Greenfield, high schools that al
most had been overlooked entirely by
the wiseheimers previous to the start
of the fight for southern honors.
How Did It Happen?
What was wrong with the dope
Did these two survivors luck their
way through, or were they naturally
good?
Greenfield high did not luck her
way into the semifnals. Her wins
were convincing.
Whether or not Delaware's triumphs
were of tho horseshoe variety remains
to be seen. Delaware's populace is
still rubbing its eyes, as the result of
the Delaware high schools sudden
plunge INTO the Ohio cage limelight
Figured on basis of past perform
ances this season, Delaware has no
business in the position she now occu'
pies. Delaware high has been travel
ing at $3.50 clip throughout the pres
ent season. Her record is nothing to
cause any demonstration over, as Bu'
cyrus, Ashley and Hyatts, have taken
falls out of the Delaware outfit.
It seems to be case of not thinking
of the Delaware five as they were, but
rather judging them as they are now
The Journal-Herald of Delaware pre-
sents some explanations for Della
wares showing. 1t attributes the hom
schools unexpected success to th'
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07

would seem that only seer would be
qualified to answer such a question.
xenia. who disposed OF Springfield,
the conqueror of Athens, was touted
to down Delaware in their clash Sat.
urday night. But such did not come
to pass.
BY a non.partisan, Greenfield would
probably be adiudged the logical win.
,ner of the meeting. But little Mise
Upset may again have something to
say Actual conflict only can decide,
Delaware Noses Out ,xenia y 'i'
The battle that brought Delaware
and Xenia together In the concluding
round Saturday night fairly bristled
with action. 1t was strenuous frolic,
with either crew having chance to
win. with only few moments to go
the count was 1918, then Turney
dropped in a fielder, putting the fg.
ures at 20 to 18, the final verdict.
Center Turney registered every
point for Delaware.
1
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
BLAIR WINS GAMES
FOR OHIO STATE
e.. d" snfI-
Mt. Vernon Boy Makes Great
Showing Against North
western University

Howard Blair of Mt. Vernon won the
basketball game for Ohio State uni.
versity against, Northwestern univer.
atty on Saturday night.
. 1t was necessary to play two five
minute periods over time, and in the
Hast period Blair shot three baskets in
succession, winning the game for Ohio
State by score of 35 to 33.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
EDWARD lEERTHNECK
DIES AT HOSPITAL

, Edward c.. Herthneck, son of Mr..
and Mrs. Gottlof Herthneck of Akron,
died at the Mt. Vernon hospital Sun
day morning at Z o'clock following a
four months illness Of tuberculosis.
The deceased was 25 years of age and
is survived by his parents. The body
was shipped to Akron Sunday after.
noon, for burial.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
Meeting Postponed

The meeting Of the Bee Hive club
has been postponed two weeks on ac-
count of the illness of Mrs. Jessie
Faulhaber. "
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07

Field SiOolS--ATHlbLIOH6 y, 1Sopihooh
2. Carter 2, Otto 3, Herman 2, d.
Young /.
Foul Goals-.Scoup 4 out Of 10; Otto
6 out Of IA. g
Referee-Jerpe, Kenyon.
xenia Hunbled Springfield
Scores Of the tits Saturday after
noon were as follows:
Xenia 2S, Springfield a..
Delawaye 10, Westerville 4.
/ DAYTON Stivers IA, New Straitsville
II.
Greenfield "a, Lawrenceville 8.
Picks All Southern Team
G. l.. Ballinger, sport writer for the
Delaware Journal-Herald and sporting
editor of the Ohio Wesleyan Tran
script, stated Saturday night that his
choices for the first mythical AL
Southern five would be as follows:
Forwards, Armstrong of Greenfield
and Morgan of Cambridge; center
Turney of Delaware; guards, Highwar
den of Delaware and Scoup of Green
field.
It was Ballinger's opinion that the
southern, division did not stack up as
formidably as the northern.
Delaware Backs Delaware
There is one factor that cannot be
overlooked in Delaware highs tri
umphant march to the top, that OF tht
loyal support given their team by the
Delaware roofing aggregation. body
that probably ran over the Thousand
mark at most of Delaware's contests.
| Possibly more than any other on'
thing, the home enthusiasm instillet
the local five with the pep and conf
dence that gave them the necessar!
punch to come through. The De!awar'
roofing section had two or three chez
Headers on hand. to lead the loca
noisemakers. and they sure made tAaeil
presence felt.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
What This Buffalo Physician
Has Done For Humanity

The picture which appears here of
DR.. Pierce OF Buffalo, N. Y, was taken
in 1910. AS young man DIR. Pierce
practised medicine in Pennsyiyania
and was known far and wide for his
great success in alleviating disease.
He early moved to Buffalo and put up
in ready to- use form, his Golden
Medical Discovery, the WE'LL known
tonic for the blood. This strength
builder is made from o formula which
DR.. Pierce found most effective in
diseases of the blood. 1t contains no
alcohol and is an extract of native
roots with the ingredients plainly
stated on the wrapper. Good red
blood, vim, yigor and vitality are sure
to follow il you take this Alternative
Extract. DR.. Pierce's Golden Medical
Discovery clears away pimples and
annoying eruptions and tends to keep
tie complexion fresh, and clear. This
Discovery corrects the disordered con-
ditions in sick stomach, aids diges-
tion, acts as q tonic and purities the
blood. Write DR., Pierce's Invalids
Hotel in Buffalo, N. ", and receive
confidential medical advice without
charge. All. druggists sell Discovery,
tablets or liquid. Send l0c for trial pkg
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07
What Babson Says:

WI
can) states bunty Advertise your publicity appro
priaton.' ,.4
Remember Mr. Balson from facs-and his of
information thorough After recent trip which took
him every industrial center of the World, Mr. Bason
sums up the situation as follows:
takes little courage to counter to the popular cur
rent and spend money for advertising when immediate returns
are smaller usual but convinced that the man who has
the foresight and the courage will gain advantage running
will carry him through the coming periods OF I'M
am proyement and prosperity.
1892 is the year the set aside during fat
years production much possible but don skp
selling appropriation during 1922 Defer expansion plant
until next year-increase your Advertising
'Take aggressive There will be considerable
business this Summer the coming Fall and Winter more
still next year. goes after nows the man
who will get it,.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-03-07


Baxwell 1, Douthett /, Gegner 1, Van
norsdale 1.
Foul Goals--Turney 6 out of H.
Gegner out of II, Baxwell out OF l..
Substitutions-Hugkes for Siegfried.
Referee--Reese. Denison.
Old stivers Finally Tumbles
For the first time in years, Dayton
Stives, "the school of champions VIII
not perform in the finals. Old Stivers
fell in the path Of the Greenfield ma
chine and was trampled on.
The final score of the combat, 20 to
Is, is misleading, as the Greenfield
tossers had the game shelved at the
half's end, 1S to 6. They eased up
somewhat in the last session. conse-
quently Stivers wasn't a bit backward
about padding her account.