davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
BY Associated Press

NEW YORK. Dec. ga contin-
uation of yesterdays buying move
ground for the season in the cotton
market today. May deliveries sold
up to 27.0l. or 20 points net higher and
nearly &c per pound above the low
level of December 6. This price at
tracted great deal of realizing and
later fluctuations were irregular, but
after selling off to &c. 7Sc. May raj
lied about 20 points and finally closed
at 26S6c. The general market closed
barely steady, net points lower to
II points higher
The opening was firm, to 25
points higher on the relatively firm
showing of Liverpool, continued OPP
timism over both domestic and for
eign trade prospects and bullish re-
ports from the New York cotton
goods market A good deal of realiz-
ing was absorbed, and active months
soon showed net advances of 20 to. 20
points. with January selling at 26H5
and March at 27.02c. Offerings then
became a little more active, while the
demand seemed to taper off and a
more reaetionary sentiment devel-
oped The feeling appeared to be
that the &c level would attract freer
spot offerings in the south, but the
volume of business dwindled decided
~ as prices worked lower and after
selling off to 20. soc for January and
IS 73e for March, or about to 10
points net lower, the market again
steadied.
An idea that many of the contracts
sold today had gone into the hands of
the trade and expectations of bullish
weekend figures contributed to raj
lies of some Is or 25 points from the
lowest, but the bulges met further
liquidation and were not fully sus-
tanned.
Trading was very active during the
earlier part of the day, and it was es-
timated that 10000 bales of long cot
ton were absorbed within range of
Is or 20 points. Exports today, Ia
754, making 2.7f9.S63 so far this sea-
son. Port receipts. 40,4S7. United
States stocks, 1,056,953.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
Blocked In Their Advances By Heavy Profit Taking
Exports of Cotton and
Linters Show Increase

WASHINGTON, Dec. 27.-Further in
creases in Americas foreign trade were
reflected today in figures compiled by
the department OF commerce showing ex
ports of cotton and linters for Novem-
Der to have been s5s 3S7 bales, valued at
sos. sS7, 719. OcTober exports Of cotton
totalled 79s.664 bales valued at S,923.-
760.
The November total places the aggre-
gate exports of cotton for the II months
ending November 80 at 5.505660 bales.
valued at $3.50. 529,72T. and approximately
$129, coo, 600 better than the value of the
cotton sold abroad in the same period in
1921.
The figures compiled by the department
show slight decrease, however, In some
lines of cotton goods. Cotton duck to-
falling S16.T40 square yards was
ported in November, while October ex-
ports were 9. 900 yards greater The value
of the November exports. however.
greater by 81 600 than that of october.
Novenber exports of unbleached cotton
cloth we've 10.S49,710 square yards against
I12.732,339 square yards in the preceding
month"; Bledched cotton cloth aggregat-
ing approx tnlately 5000, 600 square yards
was sent OUT 81 the country in November,
while IN October the exports were 700,-
600 yards more. These decreases, how
ever. offset by increases in several
other kinds CT cotton cloth, but the ex-
ports Of eacn of the minor grades were
srlall compared with the bleached and
IInbltat
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
NEW YORK COTTON FUTURES


NEW ORLEANS, Dec. 37.-After maxi
ing new high levels in the early trading
today, the cotton market commenced to
ease off under liquidation from the long
side and maintained unsettled tone to
the close. Many rumors were heard OF
large lines of long contracts being thrown
overheard in order to realize profits. Last
prices were points up to points down.
compared with the last prices of yestef-
day January closing at 26.4Sc a pound
The tone in the early trading was
strong, better cables than due encouraging
new buying. The greater part 'of the de-
mand. however, appeared to be based on
general belief in more activity after the
first of the year. January rose to 26.66c,
a new high price for the season, and at
this level the list showed gains of 16 10
rs points. At this stage the market was
at its highest.
During the late morning, selling was
trenlely heavy and the market was full
of stories of large long lines being fed
out. During this selling prices We're car
ried to the lowest levels Of the day, jan
Iuary saggirg to 26.39c and the list show
Ing losses under yesterdays close OF 1 to
IA points. For awhile in the early after
noon the tone steadier and recoveries
of about 81 bale came about on reports
that spot cotton in this market which had
been intended for delivery contract was
being shipped to Carolina mills. Toward
the close liquidation increased and the
market softened again.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
FOREIGN ENCHANGE

NEW YORK. Dec. 27.-Foreign ex-
changes easy. Quotations in cents: Great
Britain, demand. AGA VI cables. 464ys: 60
day bills on banks, 462s France, demand,
I. 2S; cables, 1924; Italy. 5.0Sia and SOC:
and .oiss; Holland, 1914 and s9.7s; Nor
way 10; Sweden. 1854: Denmark, 2O.76;
Switzerland 1897: Spain. 1871: Greece,
l.l9i Holland, oo54; Czechoslovakia. 3.13;
Argentine. 3s.12; Brazil 1925; Montreal
9s 31-32.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
Little Market Flashes

CHICAGO. Dec. Observation-Disclosures of
the Standard Dill Company of Indiana,
meeting today at special meeting in
Whiting Ind, voted to increase the cap
ital stock from s140.ooo.O0o to $3.50, ooo,-
900. Directors will meet here tomorrow
to consider declaring a stock dividend OF
100 per cent to stockholders of record De-
cember 2S.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
LIVERPOOL COTTON

LIVERPOOL, Dec. 27.-Cotton, spot,
quiet; prices firm. Good middling, 15.50d;
fully middling. 1545d; mddling. 15.40d;
low middling. 15.15d; good ordinary.
1850; ordinary. 14.25d. Sales of 1000
bales, including 300 American. Receipts
of 100 bales, including $500 American.
Futures closed quiet but steady; Decem-
Der 1900; January. 14.76d; March,
f4.61d; May. 14.46d; July. 1920; Octo-
ber 1880.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
Hubbard Bros & Co.

Members New York Stock Exchange, New
Orleans Cotton Exchange, New York Pro-
duce Exchange. Associated Members
liverpool Cotton Association. Orders So
iicited for the purchase and sale of Cotton
and Cotton Seed Oil for future delivery.
Special attention and liberal terms given
for consignment of spot cotton for de-
livery.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
NEw oRLEANs COTTON ruruREs
SPOT COTTON

NEW ORLEANS, Dec. 27.-Spot cotton
steady; IS points higher. Sales the
spot, 1874 bales; to arrive. 575. Low mid
ding 25.75c; middling. 26.50c: good mid
ding 27c. Receipts 9,405; stock. 263. 159.
NEW YORK. Dec. 27.-Spot cotton was
quiet Middlng, 26.T5c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

CHICAGO. Dec. 27.-Trading in the but
ter market was slightly more active today
and the market was somewhat firm. De-
mand conferred on the $3.50 scores within
range of closing prices. but butter above
90 score also had fair demand. The cen.
tralized cars market was weak and prices
yielded 1 to &c. Storage butter was
quiet but firmly held. Closing prices,
fresh butter: Sc score, 421sc: 81 score.
431ac; IS score. 441ac; 80 score. Acc; 90
score Acc 81 score. soc; 90 score. Sic.
Centralized car lots: SO score. 45lsc; 30
score. Al &c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

CHICAGO. Dec. 27.-Butter lower;
creamery extras. sic; standards, 40
47hc; extra firsts. Al q soc; firsts 44@
45he; seconds, 42@43c. Eggs higher; re-
eepts. 3,0ss cases; firsts. s9@41c ordi-
nary firsts. IS 9S6c miscellaneous, 81 q 3sc,
NEW YORK, Dec. 27.-Butter steady:
receipts. 1873. Eggs steadier; receipts.
is. 45f cases; fresh gathered extra firsts.
46 4sc; do frsts. 4S@45c. Cheese steady;
receipts, 1,151.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

KocKHILL, S. c., Dec. 27.-Stockhold-
ers of the Aragor Cotton Mills today voted
to increase the capital stock of the com
clare stock dividend of 1913 la per cent
The divider already had been approved
by the board of directors.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

ST. LOUIS. Mo-, Dec. Observation-Disclosures
Of the ST. Louis Globe Democrat have
voted stock dividend of 100 per cent,
-. Larsing Ray. president. announced to-
n,ent, application was filed with the sec
rotary OF state to increase the capital
stock of tn, company from $1,000 to
81 coo. 600.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

SAN FRANCISCO. Dec. 27.-The new
~ organized Western Refrigerator line,
formed to increase railroad facilities for
moving California fruit and vegetables to
Ga stem rsarkets, is completing arrange
ments to start service on January /, it
Is announced.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

HOLLISTER. Cal. Dec. 27.-The Idria
mines credited with being at one time
the largest producing quick silver proper
ties in the United States, are to be re-
opered. The mines were sold here Sat
urday on an order of the federal court
for $780, Former stockholders Were
the purchasers.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
NEW YORK BOND LIST

NEW YORK. Dec. 27.-Following are
today's high, low and closing prices of
bonds on the New York Stock Exchange.
and total sales of each bond Gin $1,000:
u. =. Bonds
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW YORK, Dec. 27.-The Hayes Wire
Vince, corporation today concluded nego-
tiatiens for acquisition of the Imperial
Wheel company of Flint. Mich.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW YORK. Dec. 27.-Caii money wa,
strong; high. 81 per cent; low, per cent
ruling rate. per cent; closing bid, 5h
per cent; offered at per cent; last loan
~ per cent; call loans against accent
ances. ~ per cent. Time loans steady:
mixed collateral, 5000 days AMOS per
cent: four-six months. AMOS per cent:
prime commercial paper. Az OAK per cent.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
GRAINs AND PROVISIONS


CASH GRAIN
CHICAGO, Dec. 2T.-Wheat: No. red.
s1.92A Q1.34. Corn: No. mixed, "a q
7S&c; No. yellow. 74@74hc. Oats: No.
q white. Asa q 46c; No. 3 white. AZ Y @
44&c Rye No. 2. 81 lsc. Barley. $40
re Timothy seed. s6@660. Glover
seed 1880 2o25. Pork, nominal; lard,
s11.2o; ribs. sio.50@11.5o.
red, s1.ss; No 3 red s1.S1@1.36; Decem-
ber si22A nominal; May. s1.24ss. Corn
No. 2 yellow, 74@74hc; No. yellow, ~
6T3c; December, 741Ac bid; May, 73 Is c.
Oats: No. white, 47Ih Case; No.
white. 46% @47c; December. 46%c; May.
47Ac.
MINNEAPOLIS. Dec: 27.-wheat' No;
yellow. 64A @64s4c. Oats: No. white.
4014 @41%c. Flax: No. ]. s2.63.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

LONDON MONEY
LONDON, Dec. 27.-Bar silver so 1916
per ounce. Money, ~ per cent Di.
count rates: Short and three month
bills. 2ss q 2 11-16 per cent.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

FLAX SEED
DULUTH. Dec. 27-Flax seed Decem
Der, s2.66h bid; January. s2.62h bid
May, s2.4Sh asked; July, S245 asked.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

New Orleans: Middling, 26.50c: receipts
4o5; exports. 2,77s; sales, 759; stock,
i 263. 159.
Galveston: Middling, 26.55c: receipts
22,lS1 exports, 2ess; sales, 1850; stock,
376,521.
Mobile; Middling, 26.25c; receipts rs;
| EXPORTS 1850; sales. 249 stock, 1900.
Savannah: Mlddling. 25.a0c; receipts.
Los sales, 433; stock. 7s $50.
Charleston; Receipts. ,.1is: stock. e5.
wilmington; Middling. 2s,5oc; receipts
652; stock. S6,143.
Texas City; Stock, 24oss.
Norfolk Mddling, 2e,sic; receipts,
1926 sales, LASS: stock. 115,964.
Baltimore Stock. 2sGS.
Boston; Middling. 26.soc; receipts. SO;
stock. 5000
Philadelphia: Receipts. 1872: stock, s.747.
New York; Middlng, 26.I5c: exports,
2,454 stock. 70.550.
Minor ports: Receipts, 4.24S; exports.
4,24S stock. s.S16.
T rsa tod, today oI Receipts, 1887 exports,
Total for week: Receipts, so,2os; ex-
ports 1865
Total for season: Receipts. 1898, sss:
exports, 2.6s6.654.
INTERIOR MOVEMENT.
Houston: Middling. 26.65c: receipts. 49,
$685. shipments, 9,51l; sales. 1,774: stock,
Memphis Middllng. 2s.75c; receipts. 10.
$50; shipments, 1l,54s; sales, $780, stock,
1896
Augusta Middling, 26.ss; receipts,
1850: shipments. l.4Si; sales. 1928; stock,
1858.
St, Louis: Midding. 27c; receipts, s.1ss;
shipments, SPAS; sales $50; stock, 1882.
Atlanta: Midding. 26.90c.
Little Rock: Middlng. 26.5oc: receipts
1876; shipments, Is; sales, 24s; stock. 6l.-
Dallas: Middiing 2sc; sales. 2.s5f.
Montgomery; Middling. 26.lsc; sales 81.
Total today: Receipts. 29.496. ship
ments. 26.45s; stock. 7O3,4s5.
NAVAL STORES
SAVANNAH, Ga. Dec 27.-Turpentine
firm. s1.3o%; sales. 3s7 receipts. 494;
shipments. 5s4; stock. 14.767. Rosin firm;
sales. 1.3o1; receipts 25s6. shipments
G, H. s4.75@4.s0: I, s4.75@4s5; X. $3.50:
N, $685. N. ss.5o@5.7o; WIG. $3.50; WV,
500.
NEW YORK, Dec. 27.-Raw silk irregu-
lar. prices per pound Kansai double ex-
/. ss.259s.ao; Kansai No. / filler, $500
s.35 Shinshu No 1. sS.15@S.2o; Canton
extras A 1915. s7.s0@S; Shanghai China
steam filler gold double deer. $3.50 $50.
COTTONsEED OF.
NEW YORK. Dec. 27.--Heavy covering
and commission house buying, due to ad-
vances in lard and cotton, caused strong
upturn in cottonseed oil today. New high
levels for the movement were established.
and while the rise attracted realizing and
southern hedge selling. most OF the ad-
vance was retained and final prices
showed II to 2e points net gain on active
months. Sales of $4,000 barrels. Prime
crude. 9.13h q 9-25c; prime summer yellow
spot. 10.5oc; December. 10.50c; March
10.7sc; May. 10.94c, all bid.
DRY GOODS
NEW YORK, Dec. 27.-Cotton good.
were firm today with sellers reluctant to
contract ahead at current prices. Yarns
also were frmer and tended higher Wop
goods held. Rumblings OF labor trouble
were reported in the cutting up trades
SILK held steady but quiet. Knit goods
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
LONDON MONEY

FOREIGN BAR SILVER
NEW YORK. Dec. 27.-Foreign bar sill
yer, 65hc; Mexican dollars. 4S%c
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28


NEW YORK. Dec. 27.-Coffee futures
were somewhat irregular at the opening
first prices being points lower to 6
points higher. Active positions generally
worked higher on covering and trade buy
ing.s March sold up to 9.95c and May
$500, making new high around for the
movement and the close WIS at the best
most positions showing net aivancec Of 4
to 10 points. Estimated GALES of $1,000
bags. January, 10.04c; March, SAC; May
9.60c; July, 9.25c; September, SITE; De-
cember. S.45c.
Spot coffee firm; Rio IS Sc Santos
As, 1514 Q15hc. Some OF the cost and
freight offers SHADE easier but
most of them We're steady. They included
Santos Sc and IS at 1920 q :4.G0c and kio
rs at 1915 @10.50c.
The official cables from Brazil showed
advances of 140 points IN the Rio cx-
change, a decline OF Il on London but
RIO futures We're IT'S to 200 reis higher.
Santos was rs reis lower to % res higher
Brazilian port receipts $4,000; .Iundiahy
receipts $4,000. Rio cleared 1899 bags for
New York. Santos cleared 41O00 fer
southern ports.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
CHICAGO STOCKS

100. Armour Leather, 9%; Commonwealth
Edison. 1870; Diamond Match. 117h: Libby
Mcneil, G.. Middlewest Utilities as; Ma
tional Leather, Z; Swift g. Co., 10TH !;
swift International, 1914; Union Carbide.
66A United Light & Railway, 7o%; Wah1.
6a; Western Knitting. s.: Yellow Manu-
featuring b. 223; Yellow Taxi, 73h
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW YORK. Dec. 27.-Raw silk irregn-
lar. prices per pound Kansai double ex-
ira cracks. SS.40@S.55; Kansai best No.
|. ss.25QSso; Kansai No. filler. $500 @
s.25 Shinshu No l. $s.15@s,2o: Canton
extras a l4-16. s7.so@s; Shanghai China
steam filler gold double deer. $3.50 $50.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW YORK, Dec. 27.-Raw sugar was
firmer and prices were 1sc higher with
spot Cubas quoted at 3sc cost and
freight equal to 6.65c for centrifugal.
The sales included $4,000 bags of Cubas
for December clearance and 5000 bags
for first half February shipment at 81 Q
cost and freight equal to 5.2Sc for centri-
fugal 1t was also rumored that $4,000
bags OF Cubas were sold to New York
refiner for January clearance at &c cost
and freight.
Raw sugar futures were most active and
prices were firmer. Final prices We're to
points net higher. January, $780,:
March, S.49c; May. S.6oc; July, S.72c.
Refined unchanged TO &c for fine granu-
lated. Refined futures unchanged to 10
points higher.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW YORK. Dec. 27--Cotton goods
contract ahead at current prices. Yarns
also were firmer and tended higher. Wool
goods held. Rumblings OF labor trouble
were reported in the cutting up trades.
SILK held steady but quiet Knit goods
wsrs firm with current business quiet.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW ORLEANS Dec. 27.-Rough rics
quiet, no sales; receipts, 1919; milers re-
ceipts. 9,S19. Clean rice steady; receipts.
23,400: sales: 1908 pockets Blue Rose.
5-16c: 1873 pockets screenings, &c. Bran
and polish unchanged.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

NEW YORK, Dec. 27.--Copper firm;
electroiytic spot and nearby. 14ss @14%c
futures, 14%c. Tin steady: spot and flu
lures, 3sc. Iron steady; prices unchanged.
Lead steady: spot. 7.25Q7.36c. Zinc quiet !;
East st. Louis spot and nearby delivery.
7q7.1oc. Anthony. spot, 6.25@6.5Oc.
NEW YORK. Dec 27.-Steel unchanged
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28

IRISH FOTATOES
CHICAGO, Dec. 27.--Potatoes dull; re-
cepts SO cars: Wisconsin sacked and bulk
round whites. SO09oc cwt: Minnesota
sacked and bulk round whites, -75@S5c
cwt.: Minnesota sacked Red River Ohios.
No. /, So q soc cwt.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-28
INTERIOR MOVEMENT

SAVANNAH, Ga. Dec. Turpentine
firm. s13o% sales. ss7; receipts. 4sf;
shipments. 594; stock 4767. Rosin firm
sales. 1.301; receipts. 2.5s6: shipments
1858; stock. 12o.s77. Quote; b. d. L. F..
|G, H. s4.75@4.s0: I, s4.7594.s5: X. $3.50:
n. s5.25' n. ss.5o@5.7o; WIG. $3.50; WY.
500.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-06-06
Reached
To Settle Strike
OF Textile Workers

LAWRENCE, Mass, June G.
Announcement TINT he had reach
ed a tentative agreement with
s0me textile mill heads In New
England to accept his proposition
for settling tho textile strike was
made here toduy By Robert Al. Mo
Wade, United States Cancellation
commissioner, addressing tho
strategy beard OF the United Tox-
tile Workers OF America. Mr..
McMade said that hts proposition
provided that the workers return
10 ,ho mills under a ten percent
cut with the provision that as soon
as market conditions Improved
sufficiently wages would be in-
creased again. The mill owners
have sought 10 Impose a 20 percent
reduction. This proposition has
been agreed TO tentatively be some
OF the mills. McWt6e said.
He said he hoped TO $40 tho
situation all oyer New England
cleared 40 within two weeks.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-06-06
J. B. Herndon, Jr.,
Gets Commission
As Bank Examiner

Mr.. and Mrs. J. ~ Uorndon to-
day received "a telegram from their
son. j. 10. Herndun Jr.. who IL IN
Washington, announcing his ap-
pointment as a national hnnh ex-
aminer. following his successful
examination for that post, Young
Herndon. who g. but 2S years old,
~ the youngest man In the nationa
banking servicc holding a fun com
mission as examiner. Following
several years Of training az an en-
pioyc OF the State National bank IN
this city. Of which his fnther Is the
president. Mr.. Hcrndon ven to the
headquarters OF the 18th federal
reserve dissri0 az Dallas n year asa
a. an assistant bank examiner. he
has gained the rank Of examiner
after ~ months OF service. Mr.
lierndon has been rc-assiEned 10
the 1ith district under Chief Bank
Examiner a.. ~. Collier Of Dallas.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-06-06
Conference Held
BY Science Church

BOSTON. Junn s.--The Chris
tian Science church held NJ the
mother church here the first an
nual meftins since the deciaoB OF
the supreme hi Of Mnannrhu-
aeifs Is the controversy between
the board Of directors, and the
former trustees Of the publishing
accletF. u was announced today
Albert n. Gilmore o. bedford MAS
elected president 20 succeed Rev.
Irwin q. TOmiinnon.
The directors IN their report
said there was steadily increasing
unity ana harmony being mani
tested on All sides
Thu report Of treasurer Edward
T. Ripley said that tl92. 03a was
paid from the aeHefal fund dufiur
the year for legal expfuAen nont
nected with tho dnfennsA Of The re-
cent litigation The figures showed
a bnlenca Of tlff.G3o In Tho gen.
erat fnnd on May 81 eomQaFea
with ss1lflo a year ago.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-06-06

blind 20 cover the alleged opera
iinns Of Small and those accused
with him.
HUT the defense relics on tho
five tons OF evidence % establish
THAT Small IL innocent Of man
!pulating state funds for his pri-
vute benefit.
THAT the Grant Park bank was a
legltimate institution organized un-
der a now defunct law.
That Small Is the victim Of an
old system. growing from an un-
conaiitutionai law. requiring state
officials to place public funds In
Private inatitutlnUs where they can
secure a maximum interest rate.
Lieut.. Gov. Fred T.. Sterling. in
dlcted with Governor Small, Is not
concerned In tho trial here. Iie
viii be tried In Sanramon county,
where thu indictments Mere re-
turned. Small sought and secured
a change Of venue from Sangamon
county.
sterling was state treasurer in
i9I9-ig20. Tie succeeded Small
who held the office In i9i7-i9iS.
As the cnae ncars its end, both
prosecution and defense say they're
hopeful OF victory.
II am innocent. The jury viii
acqnit mo. am not worrying, "
small declares.
We shall prove the indictments
Len Small II guilty. says Fred
I Mortimer, attorney for the state.