davidaulloa/AmericanStories huggingface dataset:
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-10-20

or splendid quality hard
wearing material. Plain
blue and polka dot. 10.
All sizes .................. tSC
The Birmingham age-herald., 1922-07-30
STEEL MARKET ' DEMORALIZED ON NEW FUEL ORDER
Rr Assoeinted Preas

New York. July 29.-InduGtrasl conditions and particularly the pviof ity orders relative to the distRibu. tion of fuel have had demoralis- ing influence on the steel msrkeN Production is being seriously affect- ed and as producers are afraid to make offers ahead, prices are very firm withNan upward tendency.
 Pig iron is very strong and ad-, vancing on account of the fuel sitra- tion, which is causing many fur naces to close down.
 Copper has been fairly steady and most of the large producers are now firm at IA cents for all shipments up to September. As the large in- terests' are not offering for foreign shipments, the export market is relatively firmer than domestic where demand Is being restricted by the fuel situation.
 Tin continued it's upward trend, spot straigts showing a cent ad- vance over the previous week.
 Lead was steady with larg,r de- mand from consuming interests.
 Zinc has been firm. Consumption still exceeds production and the reduced. Output Is being restricted by the fuel shortage and by lack of labor.
 Antimony quiet. Carload lots have been advanced somewhat, but consumers demand is confined to parcel lots
The Birmingham age-herald., 1922-07-30
Lack of Confidence Restricts Operation
 In the Cotton Goods
By AseocInted Pre.s

NOW fork, July 29.-Lack of con fidence in the stability of cotton fa- ture values has been restricting the operations of cotton goods and cotton yarn buyers this week. A govern rent report Is due early next week that may help settle the minds of the trade. Prices have held very steady throughout quiet trading period. Slow progress Is being made in bringing prices on many standard Finished staples to a, level with gray cloth values and there is much ir- regularity in many divisions.
 Coal shortage in some sections threatens to restrict mill operations temporarily and among some manu- lecturers there is talk of curtailins production for a time If the specula- tive markets go higher. More bus mess has been passing in some of the sheet and pillow case lines and in some of the A brand bieachtd cottons. Ginghams for spring are being deferred and sales of any stock goods are being made at last springs prices.
 On the finer end of ginghams, some Of the larger mills have already solJ up and withdrawn for spring. Staple wash fabrics in printed styles gre very slow for spring but q fair bus mess is being done in tissues and novelties. The print cloth and sheet ing markets have been dull and fine conibed goods have been quieter than for some time. Jobbers report steady small lot trade for prompt delivery. PptDss quoted in primary channels are as follows: Print cloths. 2S inch e4x64s. 7c; 64xsos, e%c; 3as inch e4x64s. sc: brown sheetings. southern standards. 1sc to 13hc; denims. 1SAc to 1sc; tickings, 23hc; prints. 1ohc; staple ginghams. 14hc; dress gfnghams. 1Sc and 10hc.
The Birmingham age-herald., 1922-07-30
COTTON TRADING WAS VERY DULL;
 BARELY STEADY
By Associated Press

New York, July 29.-If any appre- hension existed among cotton trad CTS today as to crop conditions in the belt, 1t was not reflected in the market, which ruled dull throughout the session and closed barely steady at points net advance to points decline.
 little buying occurred at the start influenced by dry weather and
 boil weevil talk, but in the adjust ment of local accounts for the week end this was practically offset, and
 In the late trading active positions became rather heavy. the absence of outside interest being a handicap to bulk operations. On all sides it was apparent that business is being held up to await the government report. and while the crop seems to be de- | teriorating in Texas and boil weevil 1 damage increasing in the eastern belt, If private advices are to be ac- cepted there was not enough interest in the market to give them any force as an influence.
 Special reports published in trade
 paper here gave Texas and Okla homa a promising outlook. but 1t was maintained by the bulls that deterio- ration in the southwest since these reports were made up has been rapid,
 owing to persistent high tenpera- ture. Some of the late selling today was influenced doubtless by fore casts which suggested unsettled conditions in the southwest over Sum- day growing out of a slightly lower barometer that appeared over west ern Texas.
 Important developments in rail and coal strike settlement plans are ex- pected early next week, but were not much of a factor in today's market
 october after the opening sold at 21.56c and declined as low as 2i 40c, with the close a shade above the low est. A southern cotton association made condition 73.4 against TO last month, with an indicated crop of H. 511S64 bales
The Birmingham age-herald., 1922-07-30
DOWNTURN IN THE PRICE OF WHEAT
 ON BETTER NEWS
Rv Associated Presn

Chicago, July 29.-Talk of settle ment in the rail strike and absence of outside interest lead to downturns today in the price of wheat At the finish wheat was down h to i cent. with September $107% to $1.0s. and December $1.1O to~$110M Corn de- clined 3. cent to 11a cents. Oats were unchanged to h cent off and provisions 21a to Is cents higher.
 Trade in wheat was light and the tone weak. Almost all the action in the wheat trade occurred during the last 30 minutes when moderate sell ing by hedgers and local longs caused q break of more than a cent in a few minutes time. big eastern house picked up wheat and a rally ensued to the early high point, but little reaction toward ;he finish carried the prices down. Re- ceipts of wheat here were 400 cars and deliveries on July contracts were 310,000 bushels.
 Trading in coarse grains was dull, prices being weak with wheat. Rains over the corn belt were much needed and the forecast for more moisture over Sunday was a depress- ing factor in the corn market.
 Provisions were strong in line with high hog values.
The Birmingham age-herald., 1922-07-30
rv -------s------------ Stutz Motor Was
 ". Y.Curb Feature
By Associated p,...

New York, July 29-The curh market presented many interestinr 2 features during the past week. stutz Motor, which after being bid nm from 1 to 2. sold at 20, reacted to II and then moved up to 24 on transactions up to the close yester. day of 2,S00 shares
 Durant Motors of Indiana com tinued upward. ranging from 4oN to 4S. a new high. and the Indiana shares rose from 1S1s to Is. Tn con trast with these movements Loco mobile, which sold at 1% early in the week, declined to 10 cents a share. Hays Wheel was strong. ranging from 2Sss to s1. PhiIin Morris was a prominent feature. rising from 20 to 23h. New York Telephone preferred, ranged from 1o6 to 1071s. Willis first preferred sold at 26h to 26N.
 Cities Service was one of the weax est features falling from POS to 1e1 Simms Petroleum and Merritt Oil both sold off in the past few days. Skelly was actively traded in prior to listing on the New York stock exchange.
The Birmingham age-herald., 1922-07-30
Strikes Were Main Factors
 On Wall Street
By Associated Press

New York, July 29.-Outstandine developments of the week in tho financial and industrial markets left little doubt that all other considera- tions were being made secondary to the coal and railroad strikes.
 Prices in the stock market wera irregular. the weakness of the first few days being followed by a sharp recovery, final week end prices being at or near the higher levels. Rail shares, several of which made new highs for the year, led the list. June earnings. with few exceptions, were regarded as highly encouraging. while latest available figures on car lssdings of revenue freight indicated that the shopmens strike had not greatly affected car>movement.
 Quarterly reports of the United States and Bethlehem Steel corpora tions reflected marked betterment in the leading lines of manufacture. Steel common earned the better part of its dividend in contrast to the previous quarter, when not all of the preferred dividend was earned.
 The general bullish situation ob- yiously has been retarded by strike conditions. but leading authorities believe that conditions have not be- come alarming enough to seriously threaten quick revivai. Hetaii pro ducers reported a lessening of pro- duction mainly to slackening of de- mand.
 Monetary conditions were un- changed from the previous rate save that the rate for call money showed an easier tone. Borrowings of time funds were comparatively small.
 The foreign situation was again the cause of much anxiety as denoted by the extreme demoralization of German marks. German money has sunk to a level where 1t practically ceases to have any value as a medium of exchange. and the Austrian rate almost has reached the vanishing point.
 Bankers in touch with European conditions see no hope of immediate improvement in foreign affairs. Pri- vste advices from London and Paris stated that no change from the pres ent critical situation was likely, pending a definite understanding be- tween the heads of tho British and French governments.
The Birmingham age-herald., 1922-07-30
Enormous Export Business Does Not
 Hold Wheat Prices
By Associated Press

Chicago. July 29.-Notwithstandin enormous export business, wheat. nas gone down in price this week as a result of the new winter crop being pressed forward in greatr volume than the market could readily absorb Compared with a week ago wheat this morning was 1 lsc to 2i1c lower; corn off sc to %c@i%c; oats show ing Mc to l1c decline. and provisions at a setback of 7c to BOG.
 With speculative buying of wheat restricted to nearly the vanishin, point, and with primary receipts swollen at times to almost double the aggregate for last years cor responding period. the burden on the market appeared too heavy to pre- vent at least . moderate descent of values. Exborters systematically awaited~declines. and on a single day Y took as much as 100000 bushels without causing prices to develop any unusual strength.
 One of the most bearish clements of the situation was difficulty of get ting an attractive offer on wheat for deferred shipment Owing to the rail and coal strikes, buyers dis- risk of delay in delivery. Toward the end of the week. a good deal of notice was taken of opinions that a settlement of the strike would so stimulate general business as to have a. -bullish influence rather than q bearish factor in wheat.
 Corn and oats receded with wheat. and touched new low record prices for the season.
 Provisions were affected by grain weakness and by a break in Liver pool quotations for lard
The Birmingham age-herald., 1922-07-30
NOTICE OF.
 REDEMPTION- TO HOLDERS OF VIC TORY NOTES AND OTHERS CONCERN ED, NOTICE IS HERE BY GIVEN AS FOL- LOWS:

1. Call for partial redemption of 4% per cent Victory Notes. All AZ per cent Victory Notes, otherwise known as United States of America Gold Notes of 1922 1923. which bear the distinguishing letters A. B. c. D. or F. prefixed, to their serial numbers, having been designated for the purpose by lot in the manner prescribed by the Secretary of the Treasury. are called for redemption on December 18th, 1922. pursuant to the provision for re- demption contained in the notes and in Treasury Department Circular Number lsS. dated April 21, 1919. under which the notes were originally issued.
 Interest on all the x per cent Victory Notes thus called for redemption will cease on said redemption date. December Is. 1922.
 Victory notes of the X per cent series bearing the distinguishing letters G, H. I, J. K or L. prefixcd to their serial numbers. are not in any manner affected by this ckl for redemption and will be- come due and payable to principal on May 20, 1923. according to their terms
 2. Detailed information as to the pre- sentation and surrender of A per cent Victory Notes for redemption under this call is given in Treasury Department Circular Number 2s9, dated July 26, 1922. copfss of which may be obtained from the Treasury Department. Division of Loans and Currency. Washington. D. e., or any Federal Reserve Bank
 A. w. MELLON.
 Secretary of the Treasury.
 July 2s. .22
The Birmingham age-herald., 1922-07-30
FORT MOVEMENT


 New Orleans: Middiiss, 2i'soe; receipts. tl7 exports S.2es; sales. zos stock, ttaiveston: Middlins. 2ls5; receipts. 1,s6S; sales, 23S: stock, si.ss7. 1,3ss.
 Savannah: Middlins, 21.soe; receipts. 2.S44: stock, 46,es6.
 Charleston: Receipts, 10; exports 6s: stock. 5y62e.
 wilmingten; Middiirs. 21.sSe; receipts, IT.; stock, 1850.
 Texas City: Stock. 1.f,e.
 Norfolk: Middiins.-1i.sse; receipts. ss; sales. 43: stock. ss.6fo. Baltimore: Stock. I.os2
 Boston: Middling. 21.75c; stock, 5000.
 Philadelphia: Stock. s.Tis.
 New York; .Middlins. si.Tce; receipts
 Minor ports: Stock, e.<s7, Total today: Receipts. s4ss; exports b.as7; stock. 4tS.6s0
 Total fer week. Receipts. s.4ss: exports ports, 6046,002.
The Birmingham age-herald., 1922-07-30
NEW. YORK COTTON
By NssOcfhted FreSs New York July 29.-The cotton market
NEW ORLEANS COTTON By AAsOciated Press

New Orleans, July Tes.-The outlook for showers in several sections of the west ern belt. including portions of Texas. was against values in the cotton market to- day to . moderate extent. Scattered buy
 ing was done on the opening and for a short time after, but this demand was soon filled and thereafter the market sasged, the close being practically at the lowest of the day and showing net losses of to ' points. At the best of the ses- sion the list stood at net advances of 10 points. After trading as high as 21.ioc October fell off to se.s5c and closed at 20.s6c. being the only month to close higher than the lowest.
 A few showers were reported in Texas overnight and this together with the fore cast, revived hope of more favorable weather in the west. Selling was at no time heavy on this feature because all most all private reports from Texas spoke of deterioration. either beginning or all ready under way.
 A private bureau report on condition of 73.4 was generally thought to be rather high. but any selling that might have arisen on this percentage was checked by indicated crop figures that aecompa nie d it Of only li.51i,ss4 bales. the estimate being reduced by an estimated per cent aba ndonment of acreage.
The Birmingham age-herald., 1922-07-30
WALL STREET IS HOPEFUL FOR THE
 BEST NEXT WEEK
By Associated Press

New York, July 2s.-Prices on the New York stock exchange moved to higher ground in today's brief ses- sion, reflecting the financial com munity's belief that the end of the coal and rail strikes Is near. Trad ing was quiet, the days sales ap- proximating 275,000 shares.
 Rails were agin the dominant fac tor, registering gains of large frac- tions to 2h points. Equipments ad- vanced on reports of heavy uying orders by principal railroads Cruci- ble. with a net gain of 2B. was the strongest of the steels. Bethlehem and Gulf States rose moderately, but United States Steel common and some of the less prominent .ssues of that group were relatively back ward.
 There was q fairly large turn- over in Mexican Petroleum at net gain of points. and Mexican Sea- board common and the certificates threw off some of their recent heaviness.
 Chemical, tobaccos and miscella- neous shares followed Standard is- sues, but gave way in the realiz- ing movement before the close.
 Exceptional strength was shown by Allied Chemical and tho two American Tobacco stocks. The heavy features included Maxwell Motors A. Atlantic Gulf, Standard oil of New Jersey and few of the food specialties.
 The clearing house statement showed an increase of actual loans and discounts of about $3S,0OO,OoO compared with the previous week. s decrease of $S4.000,000. Cash hold ings were reduced to about S4'zSo- .o0o. leaving excess reserves at ap- proximateiy $3s, ,6000 900.
The Birmingham age-herald., 1922-07-30
Bond Market Was
 Almost Featureless
lsx Aseociated Press

New York. July 29.-The bond mar ket was featureless today on very light trading. Liberty issues scored further reactions from the mid weeks best quotations and foreign leans were almost entirely neglected Rails of the higher class were firm to strong on the better tone of stocks of that description. but underlying or junior issues closed at mixed gains and losses all within fractional limits. Industrials and utilities were only oc- casionally traded in. with a sharp setback in Consolidated Gas Is. Total sales, par value, $7,450,o00
The Birmingham age-herald., 1922-07-30
Lumbermen Belieue
 In Advertising
By Associated Prsss

Portland, Ore, July 29.-Directors of the National Lumber Manufac- turers' association, at an executive session here today discussed mat ters of administration, finance and publicity. It was said that the ap- propriation of $1oo,o00 made last year for newspaper adver ising would be increased to s15oooo in the next budget.
 The application for American Hardwood Manufactures institute for membership in the association was approved
The Birmingham age-herald., 1922-07-30
INFERIOR MOVEMENT By Associated Presa

Houston; MiddlIne, 2i.sQe: receipts. 32.3es.
 Memphis Middnns, ai.soc; receipts. i.4eoi shipments. 2.s7s; sales. soc; stock. Augusta: Middlins. .i.ss; receipts 13s; shipments. 5so: sales, 12s: stock, t6.Tsi. 1.s44; shipmsnts. t.42s;. stock. 14.asi.
 Atlanta: Middiins, 22.30c. Little Reek; Midditnk. ti.5oc; receipts. Dallas: Middlink 1.4sc:. sales. ss3 Montsomsry: Middlins, .2l.ssc; sales. s61. Total today: Receipts. 6.st6; shipments. s,o7l; stock, iS2.12.
The Birmingham age-herald., 1922-07-30
BANK OF GERMANY

Berlin. July es.-The statement of the Imperial Bank Of Germany of July 22 shows the following changes; Total coin cad bullion increased 1.0o4,000 marks: gold unchanged: treasury and loan as- sociation notes decreased i.43s.s1l 900 marks; notes of other banks increased is35 0oo marks: bills of exchange and cheoue increased 01l.022.0oo marks; dis- count and treasury bills increased sss, ,561, : marks: Investments increased s,9s1, 900 marks; other assets increased 1,024 4S7b.o00 marks: notes in circulation increased IBsa sos 900 marks; deposits decreased e72.51b. 900 marks; other liabilities in- creased 545,406.o 900 marks; total gold hold lnes 1o04sbe. .000 marks.
The Birmingham age-herald., 1922-07-30
BuTTER MARKET Ru AeaA.{nt-L n

Chicago, July 29.-The butter market was. easier today Dealers found 1t dt- Ilcuit to move their arrivals and often made concessions Real fine butter wa relatively scarce, but ss-sl score butter was accommodating. Miscellaneous lots of ec-Sf score butter was well cleaned by buyers who were said to have a contract 10 m. Care continued weak and un- settled. ~
The Birmingham age-herald., 1922-07-30
RICE MARKET

~. New Orleans. July 29.-Rough rice auiet No sales No receipts. Clean rice strong ssaies reported 100 pockets Honduras at eNc' ts2 pockets Blue Rose at 5-isM 1 l1-16c No receipts
 Bran. per ton. s2s polish, per ton ses
The Birmingham age-herald., 1922-07-30
FOREIGN EXCHANGE

! New York. July 2s,--Foreisn exchange. easy Great Britain. demand, 444M; ca biss. 4l4S eo-day bills on banks. 4.42% France. demand s.15h: cables. S,16. and 7.75 Germany. .15h and .15%. Hol land, ss.eo and ss.s5. Norway. l715. Sweden. is.lo. Denmark. siso. switzer- Poland. .obs. 6zecho- Slovakia. 2.27. Ar Fentine. 3e.66. Brazil. 1870. Montreal. Qe 7-f6.
The Birmingham age-herald., 1922-07-30
CHICAGO TIMETABLES


 chicago, July 2s.--Cantaloupes: Supplies neaVy Demand and movement moderate Market weak. Arkansas flats, salmon tint. 6ods5e; standard S6s, standard 45s, plies heavy. Demand and movement mod crate. Market weaker. Prices lower. Arkansas red, bushe basket Elbertas. mostly s2@2.5O; Illinois red, bushei bas Ike bssi s s Elssrtas sr1ss best s2@22s red bushst bertss ss,sG North hessee Csre,ins ss, Ei Elbertas s1.5o@2. watermeions: Demand and movement good market firm; little change in prices. Georgia mostly showinx Y some decay; Georgia bulk. per car. Tom Watsons Irish grey excels five-tier, 2i-lb. ear; s3So; four-tier. 24-lb.. s2to: se to
The Birmingham age-herald., 1922-07-30
NEW ORLEANS COTTON
sPoT COTroS

Now Orleans, July 3s.-Spot cotton. quiet and unchanged; sales on the spot, 30s: to arrive. nona: low middiing % 35e middlins. 21.5oe; good middling. 22s6ec
 New York. July 2s.--cotton: spot. quiet middlins. 2i.7oe.
The Birmingham age-herald., 1922-07-30
COTTON SEED OIL

New York. July 29-Cotton seed oil was higher despite retenders of 1900 bar rels on August contracts. owing to the firm showing In lard and covering for over the weekend. August closed II points higher and the balance 2 to 6 net higher. Sales. h,200 barrels. Prime crude nomi- nal; prime summer yellow. spot, 10.s0c September, 1o.49c; December. s.ssc: March, s. 46c, all bid.
The Birmingham age-herald., 1922-07-30
LIVE STOCK Rx Associated Press


 Kansas City, July 29.-Cattle: Receipts 900: Tor week beef stsers ands she stock 25m75c lower: top steers. s1o.bo; canners steady. cutters big. quarter lower; bulls. stockers and feeders 25 70 soc lower; calves strong to 7bc lower stock ealyss al ss sieaay; icr Hogs: Receipts. 500; fairly active to packers: steady to strong; bulk desira ble I6bR2e5-lb. weights, $9.T5 6e.9b; bulk saies. $e.3t4 s.g6; heavy and mixed loans, ksb0Qs25, packer BOWS steady; bulk. sT256a7.75 Sheer; Receipts 500: tor week. lambs steady; top natives. S12.7e; matured clAssed generally 26c lower: top ewes, s1.1o.
 100; slow, heavy; steers. sT.5o@s; beef steers. s55o07.5o. cows $296; feeders. s5.so965o; stockerr. ss.5o@6,25; heifers, iso to 225 pounds. slo2b; 2s5 pounds up. sa.7s; ie0 down, ss.1o: throwouts, se.s6 steady: lambs. s12.5oG12,75; sheep, tb
The Birmingham age-herald., 1922-07-30
Quotations Moued Higher Grounds e Brighter Outlook
NEW YORK BOND LIST
By Assoclated Press

New York July 29.-FollowIng are to- days high low and closing prices of bonds on the New York Stock Exchange. and tho total sales Of each bond Gin sl 0O0):
 IL & Ronds
The Birmingham age-herald., 1922-07-30
Hubbard Bros. & Co.

Members New York Stock Exchange, New Orleans Cotton Exchange, New York Pro-
 duce Exchange. Associated Members Liverpooi 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
 lor consignment of spot cotton for de-
 livery.
The Birmingham age-herald., 1922-07-30
Banks Another
Bv Associated Pres.

Youngstown, O.. July 2s.-The Youngstown Sheet and Tube com pany. which until the present. has been enabled to keep up a high op- erating schedule because It's heavy coal reserve, will bank one of it's four blast furnaces tonight. The Republican Iron and Steel company announced closing of one pipe fur mace and of plate mill.
The Birmingham age-herald., 1922-07-30
CHICAGO GRAIN MARKET
CASH GRAIN RU AyanrtataH nr1aa

by Associated fress
 Chicago, July 20.-Wheat: No. ? red s1.11h 41.12; No. hard. $1.1sQ1.13N. Corn; No. mixed, 659s5Ac: No. yef- iST ss sS NS osti @sits s9 wRts: Rite No. ?, so@slhc. Barley, b7W61c. Inn Pork nominal. Lard. si1.s7. Ribs.
 Minneapolis Minn.. July 2s.-wheat ; Cash No. northern, s1.3s% @1.43ss July. s1.3sH; September. s1.I4ss De cember. s1.li x. Corn: No; ! yellow, 57 A Flax: No. I. ss.4s@244 N"''e' '04 @sic'
 St. Louis. July 2s.-wh.at: No. red, S10m1.1l; No. 3, s1.07ia anI09; July. sl,osh; September s1.o5S Corn: No. white 62h @63c; No. 4. Sic; July, s3hc; September. .62% 962hc. Oats: No. white 3sc No. 8, 35h @s6c; July, 3Ic September, 34hc.