davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-05-26
AtIanta ReSerUe Bank

Atlanta. May 25.-Statement of re- sources and liabilities of the Federal Reserve Bank of Atlanta, at the close of business, May 24:
 Resources-Gold coin and certifi- cates In vault $5,47S,910.50; gold set clement fund, $25, ,S27.54; total gold held by bank, $31.3S773S Gold with federal reserve agent ST. 366, ,105; gold redemption fund, $2,b4S,- 0S1.97; total gold reserve, $131, l. 925.01. Legal tender notes, silver, etc., s37,617.55; total reserve, s1s6, 9,54256. Bills discounted-Se- cured by government obligations, $5,329, ,105.6S; all other. s2T, S,44772; bills bought in open market, $902,- 545.9s; total bills on hand, $34,140,- 099.3S U. s. bonds and notes, $191, 40o one-year certificates of in- debtedness 6Pittman aeD. se,e99,- 900; all other certificates of indebted ness, $30.904; total earning assets $41 ,o61 ,40S.3s. Bank premises. $1,3oS, 116.S2: five per cent fund against Federal Reserve bank notes, $467,550 uncollected items, S,s1s.29. al other resources, $141, ,027.14; total re sources. $200.S25, ,953.19.
 Liabillties-Capital paid in, $4,269.. 100; surplus. s9,11S.570.99; reserve for government franchise tax. S413,- 092.42. Deposits: Government, $2,1S1,- 660.66; member banks, reserve ac- count. $46.500, ,164.5S; all other. s2s2.- 573.45; total deposits, s4S,964, ,S9s.69 Federal reserve notes in actual cir culation, s116.519,355; federal reserve bank notes in actual circulation s5,233,550; deferred availability items S15,497.249.22; all other liabilities sS15,6S6.S7. Total liabilities, s200,- S25, ,955.19.
 Ratio of total reserves to deposits and federal reserve note liability combined, s2.3 per cent.
The Birmingham age-herald., 1922-05-26
RAIL OFFICIALS
 DISCUSS RATES
Declaration of Holiday From Government Control Sug-
 gested as Solution
By Associated Press

Washington, May 25.--A commit tee of railroad presidents, appointed after President Harding's recent din- ner conference with number of railroad executives met in confer ence with the interstate commerce commission today to discuss rate re- auctions and the decision of the commission yesterday Tn the general rate case. The executives stated at the conclusion of the conference that their associates in the transportation field in all parts of the United States would hold meetings next week to consider the question of railroad action in the matter of rate called on President Harding to ex- press appreciation of his interest in the general subject"
 Railroad executives who met with the commission and later called upon President Harding were w. H. Fin ley, Chicago and Northwestern; Dan- iel Willard, Baltimore and Ohio; Ed ward Chambers. Santa Fe; Fairfax Harrison Southern; Charles Donneily and Howard Elliott, Northern Pa cific; H. E. Byram. Chicago, Mil- waukee and St. Paul; and Hale Hol- 6en, Burlington.
 Members of the commission would not discuss the conference. The railroad mems statement said that the general question of reductions and the commissions decision would be reported to their associates in the reveral parts of the country at meet ings to be held next week for fur ther consideration"
 Declarations of railroad rate hoii- day--durlng which railroads could make their own rates without gov ernment restrietion--was suggested today at the treasury as a possible solution of the nations transporta- ton problem.
 High treasury officials discussing the ten per cent rate cut ordered yesterday by the interstate com merce commission said that indus trial benefit might be expected if the earning power of the railroads un- der the new rates is sustained, but that the real answer to the railroad problem would be to allow the car riers to make rates to suit them selves.
The Birmingham age-herald., 1922-05-26
MALONE ELECTED
Anniston Man Chosen Grand Senior
 Sagamore of Red Men

Anniston. May 25.-(special.)--J. w. Malone of this city, who was elected grand senior sagamore at the annual meeting of the great council of Red Men In Bessemer this week. has returned to his home in Annis- ton and is being extensively con graduated by his hometown friends upon the distinctive honor which has come to him.
 E. c. Sosebee, an active member of Kymulga tribe here, was appointed as chairman of the credentials com mittee and will serve in that capacity at the 1928 meeting in Ensley,
 The other Anniston delegates tc the great council meeting were Neal Williams, W. k. Lumpkin, A. G Newriter, and R. M. Shelton.
The Birmingham age-herald., 1922-05-26
Priuate Wire NeWs
HuRRARD,s LETTER

New York, May 25.-(Special.)- Evening up of commitments will take place between now and bureau and unless we have either very bad weather news, we do not look for weather news. We do not look for any great change. Occasionally we may see some long cotton come in the market before the bureau but we think any liquidation will be well taken. The weather map showed seme signs of clear weather, which induced a moderate amount of sell ing on the opening.
 Later the market settled down and remained very quiet throughout the day. News from Texas indicates that spots are In good demand with Eu- ropean buyers anxious to secure ae- sirable cotton.--Hubbard Bros. x co.
The Birmingham age-herald., 1922-05-26
CLASS DAY ExERCIsEs

Fort Deposit, May 2o.-(Special,)-- The auditorium of the Lowndes county high school was filled Wednesday night when the exercises of the graduating class of the high school were given. Fourteen girls and 13 boy students, constituted the graduating class. J. Elliott Scar borough. Jr.. delivered the address of salutation. Marlin Roper, as pres ident of the class. delivered the pres ident's address and Miss Corrie Film Powell, with her sweet soft voice rendered a beautiful solo.
 The validictory was given by Ralph Norman. Diplomas were to be awarded last night.
The Birmingham age-herald., 1922-05-26
TO HOLD MEETING

Greenville, May 25.-(Special.)- Special prayer meetings are being held this week by various religious organizations in the interest of the series of revival meetings that are to begin at the First Baptist church Sunday morning.
 Sunday morning services will be conducted by the Greenville Business Mems Evangelistic club and the eve- ming service will be conducted by Rev. II. R. Arnold pastor of the To- cal church. Monday afternoon Dr. Arendall, pastor of the First Baptis church of Troy, will conduct tn, services which will continue unti the close of the meeting.
The Birmingham age-herald., 1922-05-26
TO IMPROVE SCHOOLS

Meridian. Miss. May 24.-(Special.) If present plans materialize the pub lie schools of Meridian are to be : greatly improved instead of being ai- lowed to deteriorate as had been feared as the result of a proposed de crease Tn the salaries of teachers and other curtailments as the result of a deficit of about $25,000 incurred 1T the operation of the system during the past two terms.
 A committee consisting of A. S.. Rozeman, J. H. Muir. Gene Billing ton, Mrs. ]. c. Minniece and Mrs. Frank Heiss, has been appointed to consider and suggest plans of proce- dure.
The Birmingham age-herald., 1922-05-26
"HOOTCH" SEIZED
State Officers Report Heavy Raiding
 During Week

Montgomery, May --(special.)-- State law enforcement officers We'd nesday reported the capture in Mo- bile county of 60-gallon capacity distilling outfit and 36o gallons of beer. No arrests were made in con nection with the raid, however. An other still, of 15o gallons capacity, s6c gallons of beer and two gallons of whisky, were captured In Tusca- 1oosa county, where the state of ficers were assisted by the sheriff's forces. Two men were arrested on charges of operating a still.
The Birmingham age-herald., 1922-05-26
MISS sPoTswOOD HONORED

Mobile. May 25.--(SpecIaI.) )-Miss Marian Spotswood has been named sponsor of Raphael Semmes Camp, United Confederate veterans, for their reunion at Richmond, Va, June 20-2s, inclusive. Mildred Starke was named maid of honor; Eleanor Pom der, maid of honor and Mrs. T. B. Snevelyn. chaperone; Mrs. W. S. Pugh, matron of honor, and Mrs. James K. Glennon. assistant matron of honor
The Birmingham age-herald., 1922-05-26
REyryAL IN ANNIsToN

Anniston, May (Special)- )--Rev. A. V. Reese, state evangelist for the Baptist convention, and his singer Dr. J. O. Beall of Samson. arrived in Anniston Thursday to begin the annual revival services at the Leigh ton Avenue Baptist church. two serv- ices daily to be held during the next ten days.
 pr. Reese and his singer are among the most successful evangelists in the state.
 A special song service will be con- ducted by Dr. Beall each evening 1t 7:so o'clock. the preaching services to begin at 8 o'clock.
The Birmingham age-herald., 1922-05-26
wOMEN,s CAMP TO OPEN

Mobile. May 25.-(Special.)--A health and recreation camp for wom- en will be held at Pine Needles, the summer home of the Mobile Business Womens club on the eastern shore of Mobile bay, during the month of August. The camp will be similar to those held in the mountains of North Carolina and other sections of the country. This will be the first attempt to hold such a camp on the eastern shore of the bay.
The Birmingham age-herald., 1922-05-26
CONTRACT AWARDED
City of Mobile Contracts for S76. .000
 Paving to Birmingham Firm

Mobile. May 25-(Special.) .)-Paving contracts amounting to s76.o0o were awarded today by the city commis- sion to the Southern Roads company of Birmingham and Hancock Bros. of Mobile. The first named company will lay two miles of asphalt paving On Government street, willie the other company will pave a mile of streets on Water and Royal. There were a total of six bidders on the work.
The Birmingham age-herald., 1922-05-26
DUKES CASE PASSED

Mobile, May 25.--The case of Mon- roo Dukes. charged with the killing of Daisy Spencer. was called in the circuit court today and reset for June II. The killing of the woman oc- cured on February 12, last, 1t being alleged that Dukes used a shotgun to shoot the woman. Dukes escaped after the shooting, but was .rcoGptured. a
The Birmingham age-herald., 1922-05-26
KILBY AT MoNTEvALLo

Montgomery, May 25.-ISpeclaEJ-- Gov Thomas F. Kilby left yesterday afternoon for Montevallo. where he will attend the annual commence ment exerices of the Alabama Tech nical Institute and College for women. He expects to return to Montgomery late Friday night or Saturday morn ing.
The Birmingham age-herald., 1922-05-26

tanooga and St. Louis representative said, proposed a rate of $I.03 per 100 pounds between the lower north bank I of the Ohio crossings and Nashville | instead of 94 cents as a commence
 ment point for readjustments they will suggest. The same rate for
 Evansville to Nashville, 15S miles.
 would be put Into effect from Cairo
 to Memphis 16S miles, under his plans and the rate from south bank crossings. such as Louisville, Tender son and Paducah, Ky. to Nashville would be 90 cents per 100
 Other proposals were for S1.19
 rate from Cincinnati to Nashville and $1.16 rate from Memphis to Nash vile, while for gulf port rates. the witness suggested that $1.63 instead
 of s1.60 be fixed as the rate from Nashville to New Orleans, Mobile and Pensacola.
 The rate from Nashville to Att lanta suggested was $i.30 and that
 from Birmingham to Memphis s1.25 and it was proposed that the rates from Memphis be adjusted with re- lation to the rates from the Ohio
 river crossings to the same terri tory. The Cincinnati- Chattanooga
 rate corrections desired by the car
 riers would be dealt with by other witnesses, MT. Barham said.
 The witness compared southeastern and southwestern class rates and furnished many exhibits of them and also of proposed differentials.
 He closed by saying the Nashville, Chattanooga and St. Louis is ready to do it's full share to secure harmony as to rates in the southeast.
The Birmingham age-herald., 1922-05-26
REEVES BOUND OVER
Alleged Burglar Under S1,000 Bond on Loot Charge, After Being Shot

Mobile, May 25.-(special.) )-Albert Reeves, shot and desperately wounded on the night of March "A, In an al legged attempt to burglarize the home of Mrs Kate H. Sledge in this city. was handed over to the grand jury under S1,0O0 bond when tried in the police court today. Reeves was shot after he gained entrance into the house by Police Officer A. ". oualls. detailed to watch the house, which was vacant at the time. Reeves had previously carried away considerable loot from the house. 1t Is charged.
The Birmingham age-herald., 1922-05-26

T wish to give an unsolicited testi- SAM After trying doctors treatment for two months almost gave up all hopes of getting better, but I received help after taking Dr. SETH ARNOLD'S BALSAM, the best remedy for bowel com pIaints "-Sold by Eugene Jacobs Drug Store,-Adv.
The Birmingham age-herald., 1922-05-26
Untermyer Urges
 the Dissolution of
 Electric Company
RvAaanniatnd prasa

Washington, May 25.-Action to break up an alleged monopoly by the General Electric company In the manufacture and sale of electric bulbs, was recommended by Samuel Untermyer, counsel for the Lockwood Investigating committee of New York, in letters to Attorney General Daugh- erty and Senator LaFollette, republl- can, Wisconsin, presented in the Sen ate today by MT. LaFollette.
 Mr. Untermyer in his letter to Senator LaFollette said he had sug- gested action against the company to Attorney General Daugherty but that MT Daugherty had refused to permit the action suggested to be taken.
 The New York attorney declared that General Electric controlled 9S per cent of the electric bulb business and was dominated by l. P. Morgan and Company. He added in his let ter to Senator LaFollette that he had offered to prosecute the alleged trust" without expense to the gov ernment.
The Birmingham age-herald., 1922-04-07
CROP REPORTSARE
 CAUSE OF HIGHER
 PRICES IN WHEAT
Corn and Oats Both BoIstered Up, While Provisions List Was Mostly on a
 SeeSaW
 By Associated Press

Chicago, April 6.-Wheat averaged moderately higher in price today, owing more or less to unfavora hla crop reports from the southwest and to firmness of quotations at Liver pool, The closing was unsettled from A to B net gain with May $1.S0A to 1.33ss and July $1.1S% to >$1.!9. Corn finished B to 1 isc higher; oats up z to ssc and provisions varying from unchanged figures to 12 cents decline.
 According to prominent expert. the winter crop southwest is in gen. eral very late and likely to show rapid deterioration if the weather in May proves as dry as usual. With such an opinion receiving general at tention and with the Liverpool mar ket failing to reflect yesterday $ weakness on this side of the At -lantic, the market here tended up ward at the opening and displayed evident power to rally from subse- quent breaks. Increasing storage of wheat here, however, led to a decided setback at one time in the price of May deliveries which went to about II cents over July, compared with 1o cents over earlier in the week.
 Estimates were current that Eng land would take 1,500,000 bushels of Canadian wheat weekly for 16 weeks. There was talk also that Germany had about completed large credit in Argentina to purchase grain and meat.
 Wet weather was largely respon- sible for upturns in the value of corn and oats. The seaboard advised that far amount both of corn and oats had been disposed of for export.
 Provisions lacked support despite higher quotations in hogs. Small ness Of provision shipments from here compared with year ago was new weakening factor.
The Birmingham age-herald., 1922-04-07
EARLY ADVANCES
 |NFLEECY STAPLE
 NOT HELD LONG
General List Closed Steady Net Eleven Points Lower to Thirteen Points Higher
 on the Day
By Associated Press

New York, April 6.-Early ad- vances in the cotton market on east ern belt rain reports were followed by reactions which seemed largely the result of near month liquidation. May sold off 1S.O1c to 1772c. New crop positions were relatively firm but after selling at 17.1Sc, early De- tober eased off to 17O3c and closed at 17.10c. The general market closed steady net II points lower to 1S points higher.
 The opening was steady at a de- cline of 1 point on May but generally unchanged to points higher with the market becoming firm right after the call on the unsettling weather news and apprehensions of late start with the new crop in nearly all sections of the belt. Buying on this idea was encouraged by the early strength of the grain and stock mar kets and before the end of the morn ing active positions sold 10 to r points net higher with July touch ing 17.3Se.
 Realizing sales increased around the 1Sc level for May and above Ire for December while demand failed to broaden much and the market was rather unsettled during the after noon: General business was quiet during the entire day and the fea- ture of the afternoon decline was the reversal of May-July straddles by some of the larger trade inter- ests who sold the spring month and bought the summer positions This was supposed to represent a reduce tion in May holdings preparatory to the first notice day toward the end of the month and evidently disturbed some of the scattering May longs who sold out their near month con tract, replacing by purchases of new. crop months in some instances.
 Old crop deliveries sold to 19 points net lower on the break while the new crop held around to a few points above last nights closing quo tations. While there was criticism of the rains reported in the south. the temperatures were considered more favorable and some traders are inclined to doubt whether the pres ent wet weather or the even the overflows in the southwest will re- act unfavorably on the crop.
The Birmingham age-herald., 1922-04-07
COFFEE MARK EFT. By Associated Press

New York, April 6.-New high record prices for the season were made in the mark ct for coffee futures here during todays early trading. Rumors that 60.0O0 bags of the coffee taken up on contract last December were to be shipped to Europe seemed to increase the nervousness of near month shorts while there was also luying on the firm showing of the Rio market. At 9.Sac for May and 9.50c for December, the market met considerable realizing however and there were reactions of a few points with the close showing net ad- vance of 4 to 10 points. Sales were estimated at about 13,000 bags in- cluding a few exchanges May 9.7Sc; July 9.72c; September, october and December 9.44c; January 9.S9c; March 935c.
 Spot coffee firm. but less active with Rio 7c quoted at l0Ac to 101s c and Santos As at 14@14hc. Cost and freight offers were generally firm including Santos 3s and 5s part bour- bon at 13.55c to 13.90c and Rio Is 9.90@10.00c, American credits.
 The early cable reported a decline of 1-32d in Rio exchange on Lon don but there was a decline of 20 reis in the dollar buying rate with the Rio market 150 to 175 reis higher and Santos 25 reis lower to 25 reis higher. Later cables showed an ad- vance of 1-32d in the rate of ex- change on London and quoted Rio unchanged to 175 reis higher. Santos cleared 51.300 bags for New York. Brazilian port receipts 36,000; Jun diahy 21,o00. Rain was reported in the greater part of Sac Paulo.
The Birmingham age-herald., 1922-04-07
NEW YORK COTTON Ry Aeeociofesl Drae.
NEW ORLEANS COTTON.
By Associated Press

New Orleans, April 6.-Fear of more unfavorable weather in the belt and the continued large export movement held the cotton market steady today and put it up for small gains which were maintained during a good part of the session. In the late trading longs realized profits on too large a scale and caused moderate sag so that the close was 1 point lower to points higher than the close of yesterday, the last price on May being 1664c.
 On the first call prices were off 1 to ? points. mainly because the weather map was almost dry, so far as the cotton region was concerned, while telegrams from Texas stated tlat the water in the Brazos bot toms had fallen seven feet in twelve hours. More encouraging reports concerning England's labor troubles and the forecast of unsettled to showery weather for the western half of the belt started a buying movement which persisted until about the middle of the day. At tn. highest the trading months were II to 16 points over the close of yes terday with May up to 16.S0c.
 Exports from all ports for the day amounted to 43.043 bales against 16,370 this day last year while ex- ports thus far this week totalet 159,S77 bales against only 59,6S4 dur ing the same period last year. These figures excited much comment of nature favorable to the market.
The Birmingham age-herald., 1922-04-07
STOCK EXCHANGE DIMENSIONS WERE
 VAST AS WAR DAYS
Over Seventy Issues Scored Highest Quotations of the Year, and in Some h.
 stances Two Years
By Associated Press

New York, April 6.-Trading on the stock exchange today assumed the vast dimensions of the hectic days of the World war Sales, at ex- treme gains of 1 to points. aggre- gated 1,575, 900 shares.
 Over 70 issues scored highest quo tations of the year and in many in stances for two years were estab fished. Most all classes of stocks were carried forward by the move ment which probably comprehended the largest Issues ever raised in at the center. The same causes which gave momentum to the markets of the past few weeks were again con trolling factors, namely, cumulative signs of financial, industrial and commercial revival. These are most clearly expressed by the keen in quiry for new underwritings, domes- tic and foreign, steady expansion of iron and steel at higher prices and marked gains shown by railroad earnings. Steels, motors, equipments and oils, more or less in the order named, were the conspicuous fea- lures of the day, but rails, shippings, chemicals, feathers, textiles, sobac- cos and Utilities helped to swell the enormous turnover.
 Selling for profits, such as inev- itably accompanies such a sweeping advance, made a pronounced impress sion upon prices in the last hour, the realizing movement being at tended by an advance in call money from 4Ia to , per cent. United States Steel closed at a slight loss and other steels and related issues suffered correspondingly.
 On the other hand oils, especially Mexican and Pan American petro- leums market, Street Railway pre- ferred and Prior preferred, United Railroads investment and several of the rails, notably Reading and Texas and Pacific rose to the days highest figures.
 The very irregular course of for eign exchanges to which Italian and German rates were the only striking exceptions, was ascribed in large part to the demand made by England on her former allies for interest pay ments on war loans Eastern Euro pean rates were firm on the success of the Czecho Slovakian loan and the Greek quotation was not affected by adverse financial reports from that country. In the South American group marked weakness was shown by Argentine gold and paper rates.
The Birmingham age-herald., 1922-04-07
1887 per cent. Last week i.

wc-.. 1887 per cent. Last week i. was 16.27 per cent. The discount rate pounds. Circulation increased IFS 900 pounds. Bullion increased 107,- 95S pounds. Other securities de- creased 17.553,O00 pounds. Other de- posits decreased 5,S00,0O0 pounds. Notes reserve decreased 74,000 pounds, Government securities increased 1G,- is IA per cent.
The Birmingham age-herald., 1922-04-07
LIVERPOOL COTTON

Aty Abbocihtcu
 Liverpool, April 6.-Cotton, spot, in good demand, but business mod crate; prices easier; good middling, 10.90d; fully middling, 10.60d; mid ding. 1045d; low middllng, 9.75d; good ordinary, S.90d; ordinary, S.40d; sales, 10000 bales, including 5000 American. Receipts, 200 bales, all American. Futures closed steady April, 10.34d; May. 10.2Sd; July, 10,22d September. 1007d; October, 10.00d; December, 9.90d; January, 9.S4d; March, 97Sd.
The Birmingham age-herald., 1922-04-07
COTTON SEED OIL


 New York, April 6.--Cottonseed oil was quiet with the price trend lower, due to slow trade conditions and local selling on the poor showing m lard. On the closing call, selling of November on market order broke that delivery to 9.3Sc. or 77 points below the sale price of the morning. Other deliveries closed g to 17 points net lower. Sales, 13,700 barrels. prime, 10c asked; prime summer vel low, 1l,50@1i.90; May. 11.59; July, 11.49; September, 11.46, all bid.