davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-12-23
Short Market Flashes

LITTLE ROCK. Ark. Dec. 22.-The Arkansas railroad commission today vot- ruling and grant permission to the stociS- holders of the Memphis. Dallas and Gulf railroad to junk that portion portion, of the line line Glennwood on the Caddo.
 WASHINGTON. Dec. 22.-Favorable re- port was ordered by the Senate interstate commerce committee today in the Capper truth in fabric" bill to require manu- lecturers of woolen cloth" garments to mark the percentage of wool and other materials contained in their product.
 NEW YORK, Dec. 22.-A brisk demand for two ard 4 half dollar gold pieces for Christmas gifts has put q premium on year. Some banks sold them today for $2.90 and s3.
 age. better marketing plants, increased storage facilities and new markets CTS who lost money raising potatoes this year. according to a summary of the sit uation in five potato raising states. The five states, Michigan, Kansas, Nebraska. North Dakota and Minnesota. raised ap- proxmately 100,000000 bushels of pota- toes this year, but reports from most sec tions indicate the growers lost money. The reason Is variously ascribed to over production, car shortage and lack of stor- age facilities.
 MOBILE, Ala, Dec. 22.-The Louisiana
 
 fish rates on turpentine cups from Mo bile to points in Louisiana. based on the New Orleans combination. These charges will be considerably lower than the ones now In effect
 MOBILE, Ala, Dec 22-The notorizs- tion of the Mobile fire department was completed here today by the city commits sion with the purchase of seven additional motor fire fighting units. The contracts to furnish the equipment awarded to the American La France company of El- mira, N. '.
 MOBILE, Ala, Dec. 22.-The railroads of Alabama have proposed an increase in the minimum weight of carloads of cement to 50,000 pounds. and the matter will be considered by the Alabama public service commission on January 2. The minimum weight per carload at present averages 300o0 pounds.
 NEW YORK. Dec. 22.-The Corn Prod ucts Refining company today declared an tsriy dividend Of si.5o on is common 1% per cent on preferred stock also was declared.
 ST. LOUIS. Mo, Dec. 22.-Officers Of the Rice-Stix Dry Goods company today announced a stock dividend of 42e-7 per cent had been voted to common stock holders of record December 27. The dis tribution absorbs s6o0.ooo of common pany's treasury. it was explained. This is the third stock dividend voted by the company since 1917.
 NEW YORK, December 22-The heElliott- Fisher company today declared a dividend of 70 per cent common stock, payable in common B stock DENVER. Col. Dec. 22.--The price of crude oil from Salt Lake and Big Muddy fields of wyoming was advanced approximately 90 per cent today by the principal purchasing agencies. it was an- nounced here. The new price is s1.05 barrel the old price was roc. The nouncement was made by the Midwest Refining company and the Ohio oil com pany the principal purchasers in the Wyoming field.
The Birmingham age-herald., 1922-12-23
NEW YORK COTTON FUTURES NEW YORK, Dec. 22.-Cotton future.
~ NEW ORLEANS COTTON

NEW ORLEANS. Dec. 22.-Cotton was higher from the opening today, the main supporting influence being the way the very small tenders which made their ap- pearance on this, the first notice day for tho January position, were snapped up. in the second half of the session tho large mill takings for tho week caused further buying. Highest prices came in the late trading, when the active months were 29 to s+ points up.
 October, not as active the old crops, stood 22 up at it's best. Tho close was 22 to 31 points up. January traded as pound.
 In the first few minutes of tho session, prices rose 19 to 30 points. when 1t was known that January tenders here amount cd to only 1900 bales and that the no- tIces were stopped about soon as they began to circulate. The rise attracted sone little realizing ty longs and reces- sions of about 10 points from the highest followed.
 During the middle part of the session prices showed only narrow range, but in the late trading the advances were wideued.
 Reports of a good spot demand at tho highest basis of the season on f. 0. D. cotton helped to steady the market but did not any great amount of busi- the triple holidays following the close. The statistical statement was considered favorable, especially regarding mill taklngs. which were counted at 3S1, ,oo0 bales against BPS, GOO this week last year.
 NEW ORLEANS COTTON FUTURES
 NEW ORLEANS, Dec. 22.-Cotton fu-
The Birmingham age-herald., 1922-12-23
BULLISH NEWS IS BEARISH EFFECTS CAUSE FOR STEADY FELT IN CHICAGO CLIMB IN COTTON GRAIN PIT TRADING
By Associated Press

NEW YORK, Dec. 22.-Opening ad- vanccs were followed by moderate reac- tions in the cotton market today, but prices soon firmed up again on reports of a continued active demand for cotton goods, bullish southern spot advices and March sold up from 26 12o to 26 soc and closed at .2Sc. with the general mar ket closing steady 16 to S2 points not higher.
 The market opened fiYpet an advance of 6 to 20 points on higher Liverpool iaSlsD and ovsrnisht 9syins orders The between 24000 and '25.O00 bales caused some scattering near month liquidation. issued notices. seemsd willing buyers of January at 30 to 26spoints under March. however. and afts< selling off a few points the market tuSded flrmer. Business was not active, S1t considerably holiday realizing WAS absorbed on very moderate setbacks, and prices reached the best the rlsrs active positions. Last prices were within few points of the best. Cable advices were received here stat Ing that Lancashire spinners were con stdering continnation of the present There were other reports, however, tndt- eating q better tone in the Manchester market. and thero were advices from tho south claiming an improvement In export demand for spot cotton.
 Reports from the market hero for cot ton goods indicated continued good de- mand with buyers paying top prices.
 Sales of print cloths in the Fall River market for the week were estimated at 200. 900 to 226,000 pieces, representing the largest weeks business for some. time.
 The late advance was promoted by the bullish weekend figures, spinners' talk tngs for the season to date now being 5,ss3,os1 bales. against 5,s56,657 last year. Exports today were 17.564 bales making 2,671.205 50 far this season. Port re- ceipts, 11,717. United States port stocks, 1,049. 6b1.
The Birmingham age-herald., 1922-12-23
ATLANTA FEDERAL rrsERyr

ATLANTA, Ga. Dec. 22.--Statement of ] resources and liabilities of the Federal Re
 serve Bank of Atlanta at the close of business December 20, 1922:
 Resources-Gold coin and certificates in vault, $5. 566, ,sso.50. Gold settlement
 fund. $25,bb1. 976.58- Total gold held by
 bank. $31,11s,ss7.oS. Gold with federal
 reserve agent. ss9.6s1,o ,oS5. Gold redeem ton fund. $s.0s0, ,sos.0s. Total gold re- serve. $132.s40. .s60.o6. Legal tender notes silver. etc, $5.Sss.7s4.10. Total reserve. s1SS. S.729, 64416. Bills discounted: Secured by government obligations. s3.s6S.43s.67; all other. $2s.1q4.365.os; bills bought in open market, S11. .so7, ,714.5s; total bills on hand. s43.670,51s.34. United States bonds and noteA s17ao00. One-year certificates of indebtedness (Pittman act), ssss, ,oo0. All other certificates of indebtedness, $2, 0sO, . { a19. Total earning asets, $46,S79,4S6.34. Bank promises. 2.lo7,75s.s7. Five per cent fund against federal reserve bank notes $467,b50. Uncollccted items, s31,- f5s. .e66-43- All other resources. ss42,-
 3o5.o4. Total resources. s320. .2So. .661.64. ! Liabiftties-Capital paid in, S4309 00o Surplus ss.113. .570.es. Deposits: Govern- ment. SIPS, ,s274l; member banks reserve account, $53,631,757; all other, $751; s7s.53; total deposits s54.641.S63.s4. Fed-' eral reserve notes in actual circulation. e127.e4a.4s5. Federal reserve bank notes ln actual circulation, s797.3Oo. Deferred availability items. s22,294,3ss.17, All '. other liabilities, s1.3so. .953.5s. Total lia- } bilities. S22o, 2s0. .561.64.
 Ratio of total reserves to deposits and federal reserve note liability combined. Se.1 DOT cent.
The Birmingham age-herald., 1922-12-23
Fleecy Staple in Week. l or Ups and Downs as! Year End Drapus Near|

NEW YORK; Dec. 22-Early week ad-
 vances in the cotton market were
 checked by pre-holiday liquidation. There
 also was some irreguarty incident to the
 final evening up of December contracts
 and the issuance of January notices today
 Liquidation of the near months however,
 have been absorbed by the purchases of
 trade interests against sales of spring de-
 liveries at difference of about 30 to 35
 points between January and March and
 offerings otherwise. have been absorbed
 on comparatively moderate reactions.
 On the whole. the action of the market
 has been ve-y generally commented on by
 local traders as reflecting good deal of confidence in ultimate values and op-
 timistic views as to trade prospects, for tho early new year. May and all later season early in the week. while January and March sold Into new high ground for
 the present movement
 The census report showing 9.49S,296 bales of cotton ginned up to December IS, against 7,7soe5s bales last year. was not considered important market factor. but appeared to be taken as suggesting that the crop was as likely to be slightly of s.ss4,ooo bales. This emphasized the bullish view of the statistical position to 1 some. extent. but buyers have been more
 ports of increasing activity in the domes- tic goods market and the relatively steady ruling of Liverpool. The latter has been accompanied by reports of a slightly better business in Manchester. notwithstanding complaints that prices obtainabe were unprofitably low.
 Reports that there was prospect of any loan to Germany until the question of reparations was settled. were slightly dis appointing to buyers of the previous week, but the cheerful view of foreign trade prospects has found encouragement in re- iterated reports of possible American par ticipatton in the solving of European problems and more favorable news from the Near East.
 Cable Advices
 Private cable advices today said that Lancashire spinners were considering the continuance of short time for another month. The shortage of hydroelectric power in southern mill centers has been relieved by recent rains. however, and tho increased business in goods has been re- garded as foreshadowing continued activ- fly in the domestic mills during the win ter and spring months.
The Birmingham age-herald., 1922-12-23
Slight Improvement Is Shown tn Bond List
Bx Aasocinte.i pres.

NEW YORK. Dee. 22.-Bond trading to- day was dull with the general list show ing slight improvement.
 United States government securities all closed higher. but most of the gains were nominal. The second 4As advanced l6c on s10o and the third 12c. while the other active issues showed gains of Pc to Sc.
 In the foreign list gains of point or Jurgen 6s and Belgian 6s. but Cuban gov ernment 4hs were reactionary.
 The only outstanding changes in the railroad group were gains of a point in Lake Shore 4s of 1928 and Atchison con vertible 4s of 1860. and drop of K in
 Mexican Petroleum s. Cerro de Pasco Ss and LackAwanna Steel 5s of 1850 each up point. led the advance In industria' TotsI ssles lpar yslus2 slo.ssa.ooo.
The Birmingham age-herald., 1922-12-23
BANK OF GERMANY

the Imperial Bank of Germany as of De- cember 15 shows the following changes; Total coin and bullion increased l,279, 900 marks; gold decreased 1000; treasury and loan association notes increased 3s,309.- o12.0o0: notes of other banks increased T.720,00 bills of exchange and chequo increased 10,6s7.477 ,000: discount and treasury bills increased 102,ob5, ,asi. 900 ; advances increased 94,161, ,0o0: fnvestmen increased b$,76s.000; other assets increased 4,b63.729, 900: notes in circulation Increased 12S S,307.72S,000: deposits increased IT, 652.446,000; other liabilities increased 14.- s13.e54.000. Total gold holdings, 1.oo4.- G46.QQQ marks .-..-.
The Birmingham age-herald., 1922-12-23
Campbell Denies Sale

YOUNG SHOWN. O.. Dec. 2e.--Reports that the Young stown Sheet and Tube com pany had bought the Steel and Tube com pany of America Chicago firm. were denied today by James A. Campbell, pres ident of the former company.
 We have not bought Steel and Tube or any part of it, and we do not intend to-" Mir. Campbell declared. He admitted that he had been in conference with Steel and Tube officials in New York yester- .l
The Birmingham age-herald., 1922-12-23
LIyERpnoI. COrTnN
LIVERPOOL. Dec. 22.-Cotto

LIVERPOOL Dec. 22.-Cotton, spot. uuiet prices easier. Good middling. 15.06d fully middlng. 15.01d; middling. 14.96d low middling, t4.7id; good ordi- nary. 14.11d; ordinary. 13.S1d. Sales af 5000 bales, including 1900 American. Re- ceipts were 13,00o bales including 6.29o American. Futures closed steady; necem- Der. 14.h4d: January. 14.44d; March, 14.csd; May, 14.14d; July i3.94d; Octo- ber 1S.1ld.
The Birmingham age-herald., 1922-12-23
BUTTER

CHICAGO. Dec. 22.-Trading in the but ter market was irregular today and tho tone was easy and unsettled. There was some demand for the Ss-s9 score miscel- laneous lots but the demand was limited. All other scores were quiet. Ninety score demand.
The Birmingham age-herald., 1922-12-23
Hubbard Bros & Go.

Members New York Stock Exchange, New Orleans Cotton Exchange, New York Pro- duce Excaenge. Associated Members Liverpool c>.ton Association. Orders so- licitsd for the purchase and sale of Gotten and Cotton Seed Oil for future delivery. Special attention and liberal terms given tor consignment of spot cotton for de- livery.
The Birmingham age-herald., 1922-12-23
NEW YORK MONEY

NEW YORK. Dec. 22.-Call money was firm high. per cent; low. 4h per cent; ruling rate. 4is per cent; closing bid 6 per cent; offered at ts per cent: last loan. 5 per cent. Call loans against &C., ceptsnces. per cent. Time loans were steady mixed collateral, G0-90 days, 4& @5 per cent: four-six months, Az n5 per cent. Prime commercial paper. IA per
The Birmingham age-herald., 1922-12-23
WOOL PKTcrs

BOSTON. Dec. 22.--The Comm ercisl Bulletin will publish the following wool quotations tomorrow.
 Domestic: Missouri half blood. 4fM4s three-eighth blood. AS a 5oc; quarter blood 4sQl7c- Secured basis: Texas fine l2 months. $1.35@1.4o; fine months sl20 @1.25; fine fall. $1.15@1.20. Territory Fine staple choice. s1.ss91.4c: half blood combing, S1.26R1.3o; three-eights blood combing. eScQ s1.03: quarter blood comb ing. SS@e2c. Pulled: Deiaine $1.30@1ss: AA. sI.20@1.3o; A supers, sll50I.2o. Mohairs: Best comb!ng, 7sQs3c; best carding. 70@75c.
The Birmingham age-herald., 1922-12-23
SPOT COTTON

NEW ORLEANS. Dec. 22.-Spot cotton
 steady and unchanged. Sales on the spot. 217: to arrive. 2.266. Low middling
 25.25c: middiing, 26c; good middling, 2e.5oc. Receipts, s.o4l; stock. 25a.5S4. NEW YORK. Dec. 22.-spot cotton
 quiet. Middllng 26.20c
The Birmingham age-herald., 1922-12-23
CHICAGO STOCKS

ChfCAGO, Doc. z2.-Armour preferred, 1 1oiA; Armour Leather. 9s: Common l17h: Libby McNeiil, sis: Middlewest Utilities. 45; National Leather, z: Swift q Go, 1oe: Swift International. 1ss, Union Carbide. 62; United Light and Railway, 51h; Wahl, ex-div. 56is; Western Knit
 ting s; Yellow Manufacturing B, POS,
 Yellow Taxi 72A.
The Birmingham age-herald., 1922-12-23
SHORT INTERESTS LOSE CONFIDENCE IN FINAL SESSION
Rx AssocInted presa

NEW YORK, Dec. 22.-stock market tradition was preserved today when leading stocks were bid up in all sec fions of the list of the final session be- fore the Christmas holiday. Short inter ests. who had sold stocks freely on the theory that the market was due for another sharp reaction before the first of the year, appeared less confident, and the irregular covering operations con trihuted to the rise. The manner in which stocks were bid up plainly indicated that present holders wero not particularly destrous of selling.
 most popular speculative favorites, led the advance in the Standard industrial shares the former being pushed up 2h points and the latter touching 1s9 and then dropping to 1s7A. where it was up 2& on the day; Pond Creek Coal official confirmation of reports that Henry Ford was negotiating for the ' property.
 Considerable interest shown by tho : Financial community in the announcement < had been paying Q s4 regular and S2 ex- ! ira dividend. had been placed regu- 1. lar se basis and that an additional cash for several monthe established another to sl5Ms whers & 1t 1t was was up @ 1fGpgi" on the day day This stock has been bought in the open market by W. c: Durant, aMtomobne
 
 partial payment plan.
 1 The controlling interest in the Fisher Body corporation is owned by the Gen eral Motors company. of which Mir. pu- rant formerly Tas gss., ths s,a,," head. = United States Steel was quite active but closed unchanged on the day. Cruoi- ble and Gulf States Steels each moved Bethlehem B were heavy. the latter kbreaking below so in reflection of specu- Native uncertainty concerning the next dividend on the common stock.
 There Is widespread opinion. however, that inasniuch as Bethlehem paid divi- dends during two years of business de- lpression. there was little Likelihood of tthetr being suspended now when tho in- 'anstry Is in a period of prosperity. Railroad shares. in which there have been traces of investment buying. were less active today, probably because of the further weakness of Delaware and Hud- Eson, which dropped points. However by New York Central. Atchison, Illinois lCentral and Northern Pacific. 2. United Retail Stores improved K points on reports of record breaking hoii- ldsy business. Some of the other strong tional Harvester. Llggett X Myers. Otis Elevator and Woolworth the gains rang ing from 2% to nearly points.
 Call Money
 Call money opened at IF psr cent and tsdvanced to just before the close. Time money and commercial paper rates werc unchanged with business quiet.
 Trading fin foreign exchange was ex- tremely quiet, with no important changes in rates.
 Days total sales sS64oo shares. Twenty industrials averaged 9S.62, net fEain .75; high 1922, 103.4S. low, 7s.5s.
 Twenty railroads averaged S5.87; net gain .63s high 1922. 93.99; low. fs.4S.
The Birmingham age-herald., 1922-12-23
TOREICN ExCHANGEs

NEW YORK, Dec. 23.-Forelgn OK changes irregular. Quotations in cents; Great Britain, demand. 464M; cables. 464ss; 60-day bills on banks, 462. France. demand. 7.4s; cables, TAI; Italy. 5.11ia and 5.l2; Belgium 6S2 and 6.S3; Ger many. .014S and .O15o; Holland. ss.74 and s9.7s; Norway. 1905; Sweden, 26.s0; Dem mark, 20.6S; Switzerland. 1893; Spain. 15.7s: Greece. 1.24; Poland. .o056; Czecho- klovaiSia, 3.06is; Argentine, ss.10; Brazil, 11.90; Montreal, 99 3-16.
The Birmingham age-herald., 1922-12-23
NEW YORK BONDjLLST

NEW YORK, Dec. e7-Foliowing are today's high, low and closing prices Of bonds on tho New York Stock Exchange, and total sales of each bond Gin s1,o00):
 T. s. Bonds
The Birmingham age-herald., 1922-12-23
LONDON MONEY

LONDON, Dec. 22.-Bar silver. 30ssd per ounce. Money. 1la per cent. Dis count rates: Short and three months bills. 2ss c 2 11-16 per cent.
The Birmingham age-herald., 1922-12-23
PORT MOVEMENT

New Orleans: Middlng, 26c; receipts. 3.o4l; sales e.4ss; stock. 253,5s4.
 Galveston: Midding, se.0be: receipts, 1.1S9: exports. l7.562: sales 767; stock. s75.s25.
 Mobile: Middling. 25.ssc: receipts. ss; sales. 21s; stock. 11:2s5. TS4. sales 4f1: stock. 7S.5s0.
 Charleston: Receipts. 246 stock. ess2s. Wilmington: Middling. 25.9oc; receipts 315: stock. 34.s47.
 Texas City: Receipts, 1864: stock. 24. oss.
 Norfolk; Middling, 2s.s5c; receipts 1.353: sales. s01; stock 11s,36s.
 Baltimore; Receipts s30; stock 2.s6s. Boston: Middling. 25.soc; receipts. 100; stock. 6.051
 Philadelphia Receipts 14s: stock. e4sa New York: Middling. 2s.2oc; exports. 2; stock. 72.o41.
 Minor ports; Receipts. s5; stock, s.s1o Total today: Receipts, s.s39; exports 17.664; stock 1.050.2e0
 Total for week: Receipts. 141.25o: ex- ports 1s9.94s.
 Total for season: Receipts. ss1s.es5; exports. 2.637.996.
The Birmingham age-herald., 1922-12-23
CorTONsEED OIL

NEW YORK. Dec. 22.-Cottonseed oil made new highs through covering by be- lated shorts and December and commits sion house buying on tho firinness dis played in kindred markets and in cruds. Closing bids were 15 to 23 points net higher. Sales of f6.100 barrels. Tenders of 1000 barrels. Prime crude. s.50p S.G0c. sales: prime summer yellow, spot. 10c; December s.90c: March. 10.27c: May 1Q.4bc. all bid.
The Birmingham age-herald., 1922-12-23

Wanted 10 sell or exchange for Birminsham property, one 40-horse- power engine, one 25-horsepower engine. one 20-horsepower en- zine. one 7o-horsspower boiler. one saw mill, one shingle mill. one plansr, one srist mill, three 70 saw gins, prsss and fixtures, about one and one-half acres land, located about 3s miles from Birmingham, good location for business.
 Johnston DrY Goods Co.
The Birmingham age-herald., 1922-12-23
COFFEE

NEW YORK Dec. 22.-Coffee futures were higher today on moderate demand. The firmer ruling of the Rio market prob ably was factor on the advance and after opening unchanged to 4 points higher active months sold about 12 to Is points above yesterdays closing quotations The close was 10 to 16 points net higher. Re- ported sales about 22. GOO bags. January s.s7c: March. 9z4c; May. 94sc July, sore; september. s.eoc: December s.24c.
 Spot cotfeS quiet: Rio IS. 11K011Mc: Santos Is. lbN@l6ac. Cost and freight offers from Santos were shade easier. but Rio offers were firmer. Santos 9s and 5s were quoted at 14114.40c, and Rio 10.1 s O 1o.5oc. American credits.
 The official cables reported an advance of 30 reis in the dollar buying rate and a decline of f-16d in Rio exchange on Lon don. The Rio market was 100 to 200 reis higher and Santos 25 to 100 res lower Brazilian port receipts 4i,ooo; Jundiahy receipts. 21.o00.
 The New York market win be closed until Tuesday.
 NEW yoRx nso ss sLst.s, ..chsn.a
The Birmingham age-herald., 1922-12-23
INFERIOR MOvEMENT

Houston. Middling. 26c: receipts 5555; shipments Se37; sales. S,77a; stock. s55, 25s.
 Memphis: Middling, cs.50c; receipts. 7s. 4o4; shipments. 7.1O2; sales, $500; stock 1884, ,53s.
 Augusta: Middlng. 26e5c; receipts 75S; shipments. 7so; sales. 121; stock, 72, lS1.
 St. Louis: Receipts. 4.ess: shipments 4C42: stock. 2o21s.
 Atlanta Middlng 26.c5c.
 Little Rock Middling. 26c; receipts ess.
 Dallas: Middling 25.45c: sales. 1cse. Montgomery: Middling, 25.5ec; sales. 47
 Total today: Receipts. 19.2S7: ship. ments, IT. $50; stock. 693,ss3.
The Birmingham age-herald., 1922-12-23
DRY GOODS

NEW YORK, Dec 32.--Cotton goods markets were auieter today but very. firm.
 Yarns were higher and sold more freely.
 Wool markets locally were higher. espe. cially carpet wools. Advances have been
 announced on some lines of velvet and
 tapestry carpets. running from to 5c Q yard. Burlaps were steady.
The Birmingham age-herald., 1922-12-23
Wool Market Has Good
 Tone; Trade Spotty

Bulletin tomorrow will say: Considering the fact that business is usually dull dur ing the last few weeks of the year, there has been a remarkably good tone to the wool market. and while the trade has been more or less spotty. there has been fair volume of business done at prices
The Birmingham age-herald., 1922-12-23
FLAX SEED
NAVAL aToRrs

DULUTH, Minn., Dec. es-Flax seed :. December. s2.64 asked: January, s2.57is asked; May. $2.41h asked July, s2.4o. s
 NAVAL STORES
 SAVANNAH. Ca. Dee. 22.--Turpentine firm. s1.271a @1.2s; receipts 3ss; ship ments l.; stock, 14.920. Rosin firm: sales. l,l62; re :: trts. f2s: shipnents 220s stock. 1os.6s6. Quote; B. D. E. F. G II | $4.o7: K. s4.s0: NJ, s4.s0; N, S5.s0: VIC. s5.7o: wv ss4o.