davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
WRITERS AMAZED NEW YORK Market
AT SOUTHS GR0WT H SEES PROSPERITY
In PAST 70 YEARS At END OF YEAR
Stock and Bond Prices Gener-
ally Close at Materially
Higher Levels Europe
Recovering
By Associated Press

NEW YORK. Dec. 3o.--stock and
bond prices generally close the year
at materially higher levels, which is
not only a reflection of the marked
Improvement that has taken place in
business and industry during the last
1a months. but also construed by con-
servative New York banking interests
as an indication Of still further pro-
gross in the coming year.
The year closes with conditions
favorable for further appreciation
of commodity and security prices in
the opinion of the financial COM
munity. Unfavorable and unexpected
developments in the political and
economic situation abroad are gem
orally considered as the only probable
obstacle to arrest the Improvement in
the business and financial world,
which began in the summer Of 1921
and has continued with few tenn
porary Interruptions, until the pres
ent time.
Basis OF Improvement
The prediction of further business
prosperity is based on we'll known
facts. Foremost among these is the
easiness of the money market and
the huge sums available for COM
mercial credit. In addition most
stocks of merchandise are low. rail-
road traffic is close to record levels,
exports are increasing the principal
European exchanges are heading
back to par and the European eco
romic situation shows signs of i'm
provement, exports are increasing and
untitled orders for railroad equip
ment are the largest in years. Other
favorable signs are. seen in the facts
that no big strikes are threatened or
pending, a great amount of construc-
tion work is still in arrears despite
a record breaking year of activity in
the bull ling industry automobile pro-
auction reached new peak, which
probably will be exceeded next year,
while gasoline consumption has been
the highest in history and electric
companies are doing a record bust
ness.
stock sales Larger
Sales of stock during the year total
approximately 260,000.000 shares as
compared with 171,ooo.0o0 last year !;
223,OoO,0o0 in 1920, and So7,so0,o0o in
the record breaking year of 1919
when postwar initiation was at its
height. Bond sales this year reached
the unprecedented total of approx
mateIy s4.155,0 100000 as against
s3,505. 100000 in 1921, s3945, 200. 900
in 1920 and s3.775.O0o,o0o in 1913.
The peak of bond prices for the year
was reached in the middle of Sep
TENDER and the lowest level early
in January. One OF the features Of
the bond market was the return of
United States government war bonds
to par, the refunding of the victory
notes and barring war loans, not yet
-,
the faith and vision to undertake
the training and educating of the
workers needed, confident that they
had the right material to work on.
The result is that today High Point
is turning out as beautiful and ar
tistic furniture as is produced any
where in America
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
BIG TEXTILE PLANT
AT SELMA IS SOLD

SELMA, Ala. Dec. 30.-tSpeciai)- -
The Rabelle Manufacturing company,
a half million dollar textile mill, was
sold here today g j. r. Miller and
associates of Oakland, Cal, and for
NAL transfer of the property to ths
new owners will take place Monday.
The mill is one of the Oldest in the
state. having been erected in 1890.
1t operates 1000 spndles and en-
ployes about two hundred operatives.
It is understood that the new owners,
which is wealthy California syndf-
cate. will expend considerable sum
Of money in expansions and improve
ments of the plant
refunded, the record breaking volume
of foreign government, corporate and
municipal floations, which reached
total of 85160.000 for the first 10
months Of 1922 as compared with
sfoS.foo,000 during the same period
in 1921.
Wide Fluctuations
The widest f1uctuation in the stocfH T
market took place in shares of then
Atlantic Refining company, seldom
dealt in, which ranged from a low
of 5000 to a high of s1,575, or 1915
difference. Among the active issues
Mexican Petroleum provided the chief
feature. getting as low as 106A and
as high as 322, or range of 2l5A
points. Approximately 95 per cent
of this stock has been acquir~ 1.
through conversion, by the 1~
American Petroleum and TRAM
company thus virtually removin
as market factor. Among the iAti-
road shares Michigan Central taS4
tured the most, selling between 50
and $50, or ia points. The SIN j.
est fluctuations took place in. Ala Ka
Gold Mines, which sold between "
and Il of $500. Another interestlnS
development In the stock market was
the declaratio of stock dividenus
totalling more than s2.000,000.000.
While most industries showed slso'
stantial recovery from post war IL
flation, the number of failures during
the year was the largest on record
and the volume OF liabilities next to
the largest ever record d. Severe
labor troubles. particularly the
miners and shormens strikes also
mad disastrous effects. costing each Of
the principal railroad systems millions
of dollars and even more to business
generally. For the first time on
record there was a marked shortage
of manual labor. due in part to thief
restriction of immigration, whereaA
in 1921 the number of unemployed
was estimated as high as 100000 or
5000, 900.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

NEW YORK, Dec. 3s.--Treasures
from the tomb of the ancient Egyp-
tian King Tutenkhamun. unearthed
after seven years arduous labor by
an American explorer. Howard Car
ter, and the Earl of Carnarvon, will
be brought here and placed in the
Metropolitan Museum of Art.
A member of the Metropolitan
staff Harry Burton. was a great aid
to the explorers In their excavations,
1t Is said. and in appreciation of his
services the Egyptian government
will be asked to permit the shipping
to America of number of treasures
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
ASTHMA CURED
BEFORE YOU PAY

Mr.. j. d. Lane, a chemist located
at 500 Lane Bldg. st. Marys, Kans-,
has discovered a simple homo rem
edy for Asthma. Mr.. Lane has so
much confidence In his ability to
cure that he will send regular
s1.25 bottle free. postpaid, to any
sufferer who will write him. His Of
fer is that he is to be paid for IL II
II cures. II not. your report can
cells the charge. If you suffer from
Asthma, write him today. Send no
money-just your name and address
Will do.-Adv.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
NEW LAMP BURNS
94% AIR
Beats Electric or Gas

A new oil lamp. that gives an amas-
inxly brilliant, soft, white light, even
better than gas or electricity, has
been tested by the U. s. Government
and 35 leading universities and found
to be superior to 10 ordinary oil
lamps. 1t burns without odor, smoke
or noise--no pumping up. IL simple,
clean, safe. Burns ~ per cent air
and s per cent common kerosene
local ofD.
Tho inventor. y. F. Johnson. 500 ".
Lake ST.. Chicago, ILL.,. is offering to
send lamp 10 days FREE trial.
or even to give one FREE to the first
user in each locality who win help
him introduce 1t. Write him today
for full particulars. Also ask him to
explain how you can get the agency,
an d without experience or money
make $3.50 TO $500 per nbntA.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
SOUTHERN FARMERS|
GIVEN OPPORTUNITY
TO BUY FERTILIZERS
! WASHINGTON BUREAU
THE AGE-HERALD
VIZ aht--kr- n o. ~ m

The war department advertises for
bids from southern farmer organiza-
lions on 10,017 tons of sodium nj
trates so necessary to the farmers
of the south. Sealed bids will be re-
ceived at the office of the Phla-
delphia district ordnance salvage
board. sos Army building. so White
hall street, New York city not later
than noon, January 8.
( The sodium is offered in lots of 100
tons or more, and organizations may
bid and prorate the fertilizer to their
members. The sodium is located at
Nitro, w. Va, and may be inspected.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
Strides Made in Textile, Min
eraI and Timber Develop
Tnent in Two Decades
Prove Revelation
Continued From Page one)

of thousands of young men and wom-
en- who were not merely skilled
workers, but whose standards of life
and ideas of conduct had been actually
raised above the level of any rimilar
class in the country. The south to-
day is producing as fine and beanti-
full fabrics as are to be found in the
world.
"rhe rapid and phenomenal ad-
vance of the south textile industry,
while it overshadows in extent and
dramatic interest other phases of her
activity, represents after all but one
of several mighty weapons. with
which she is fighting her way TO an
assured position as one of the
wealthiest and most prosperous sec
tions of the earth. Second only in
Importance, and with coneeivably
even greater possibilities for the flu
ture, comes the development of her
vast coal, iron and other mineral
wealth. The coal area of the south
ern states Is twice as great that
of all Europe, including Russia, and
in close proximity lie huge deposits
of iron ores, which, for all practical
purposes, are unlimited in extent.
The United States geological survey
dllG survey iUk the teITltOFN report
ed that the Alabama fields were
greater in extent and richer in posi-
billties than those of the famous
Pittsburg district.
Birmingham the Center
The. center OF the giant industry
Is Birmins ham, The Magic City of
the South Thirty years ago Bir-
mingham was a little struggling
la
ton Today she is a great city OF
close to 100000 population, me-
tropolis of stately buildings, broad
thoroughfares. magnificent stores
and beautiful homes. Secure in the
knowledge of the unreasonable
wealth which lies in the mountains
that surround her and in the ability
of her sons to wrest that wealth
from Mother Earth. she is pressing
on with sure step to her destiny
as one OF the worlds greatest and
richest cities.
THE third big item in the tally
sheet of the south's inexhaustible
natural wealth is lumber. A huge
portion of her territory is still COW
cred with virgin forest, forming the
last great timber reserve of the ma
ton. Under such conditions it was
inevitable that sooner or later the
furniture industry should find one
of its principal homes below tho
Mason and Dixon line. and the inevi
table has already happened in High
Point, N. G., the second greatest
furniture manufacturing city in the
country
LAS in the cotton goods situation,
detractors of the south predicted that
southern mills could never produce
anything but cheap soft wood fur
niture. Skilled furniture worke
We're as rare In the south So years
ago as were skilled textile opera
tors, but the men who started the
furniture industry were of the same
breed as the men who fathered the
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
Flashes Off Wire
WILSON SENDS GREETING

WASHINGTON.-F President
Wilson wished Vice President Cool
idge happy New Year Saturday.
in return for the letter of greeting
sent by Mr.. Coolidge in transmitting
the Senate resolution congratulating
the former President on his sixty
sixth birthday
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

Humphreys "Seventy-seven" is for
Colds, Grip, Influenza.
To get the best results take
"Seventy-seven" at the first feel
ing of a Cold, the first Chill,
Sneeze or SILVER.
If you wait till your bones begin
to ache, it may take longer to break
up your Cold. a.e a
Doctoring Book mailed free.
Price. soc ard $500, at Drug Stores, or
sent on remittance or G. o. D. Parcef
Post. Humphreys' Homeo. Medicine
Company. 1bs William Street New York
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
NEED TRACTORS

NEW YORK.-Russia will be COM
PEELED to get foreign loan, George
Tchitcherin, foreign minister of the
soviet government told Alan II.
Burns. member of the commission on
Russian relief, who has Just returned
from four months study of Rus
sian conditions. Mr.. Burns said
Premier Lenine told him that the
need for tractors was tremendous.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
CROWD CALM DURING FIRE

NEW YORk-Three hundred per-
sons walked out of a smoke filled
motion picture theatre on the East
Side in an orderly way Saturday
while the building next door. one
of the oldest furniture stores in
America, was destroyed by flames.
The fire was on Park row near Cha
than square. The building was
owned and occupied by cowper-
thwait & Sons.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
SENATOR'S MOTHER DIES

WASHINGTON. - Mrs. Amanda
Stanley, IS, mother of Senator A. o.
Stanley of Kentucky. died here Fri
day night of pneumonia.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
SHIP AID ME- ASSURE.
To BE CALLED Up.
AGAIN WEDNESDAY
Smoot Accuses Members of
Body of Entering Fhihuster.
Borah Amendment
' Dropped
BY Associated Press

WASHINGTON, Dec. 80. -
After the calming Of the Senate's
three-day storm through with
drawal by Senator Borah, republi-
can, Idaho, of his amendment, pro-
posing a worlds economic con-
ference, the Senate today passed
the 1926, 100000 naval appropria-
ton bill and adjourned over New
Years day.
Debate on the Borah amendment
was not resumed today and the
bill also was passed without a mem
ton Of the House provision re-
questing the President to negotiate
with the principal naval powers for
further armament limitation. This
provision remaining in the bill will
go to the President and will not
come before the Senate and House
conferees. It requests the Presi-
dent to negotiate with Great
Britain, Japan, France and Italy
with a view of agreement on the
limiting of vessels under 10000
tons and air craft not covered by
arms conference treaty.
Threatened efforts to extend
the House provision did not ma
terialize.
Shipping Bill ON Deck
After passage of the naval BILL.
the administration shipping bill.
which had been laid aside. was
brought up again and placed In posi-
ton for resumption of debate when
the Senate meets wednesday. Pro-
tracted speeches today on extraneous
subjects resulted in n charge by
Senator Smoot, republican, Utah, thAs
filibustering was in progress. Tho
speech making stopped soon after
Senator Shoots statement. Senator
Jenes. republican, Washington, in
charge OF the shipping bill, gave no
tice, however, that next Wednesday
he would call up his resolution to
create a special committee to revise
the Senate rules with view to
checking future filibusters.
No important changes in the naval
bill were made by the Senate except
the addition of s1,00o.000 for naval
reserve training purposes and $780,
600 additional for torpedo construc-
ton.
The Senate without = record Ute
rejected an amendment ~ a4lg or
Mcclellan, democrat "srna 80. IS cut
the navy's ent'Eef reraenHel ~ &C.
600 men h1Hszal hf tto ffensd ,
G. aeB5 EHe Nl&ganG afaHasA is
nan bur @eaatcrs sseIseiini
a lS'rE aesisre2 IT, pHnsss ss1rily
Hsfse and oat ~ proportion Cd tao
nn9
Etila. ssHameats e.Scted included
H=eH0salH hs sa-tor King to reduce
t1e fatino corps and also, to prohibit
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
SEEK FUGITIVE

SANTA F'E. N. M.-Repcrts reach
ing here from Farmington, San
Juan county, quote Sheriff Winn as
stating that John Looney, of Rock
Island. wanted ON murder and other
charges. is entrenched in the sand
dunes not far from Pennington and
that strong posse will attempt to
capture the fugitive. Federal officers
are said to be cooperating.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
WAR SCANDAL NET
FALLS ON CR0WELL
Continued From page one)

fable profits to the defendants and
their associates. Officers regularly
responsible for the construction work
who found themselves out of har-
mony with the plans of the conspira-
tors. the Indictment continued. were
replaced by others. as a part of the
program of the defendants to pro
cure control of the determination OF
the policy and plan TO be used in
the administration and said construc-
ton program of the United States by
and for themselves and the other con-
spirators."
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
WILL MEET IN CINCINNATI

CAMBRIDGE, Mass.-The Ameri-
can Association for the Advancement
of Science closed it's annual meeting
here Saturday after voting to meet
next December in Cincinnati.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
-FOUR ABBREVIATED

SYRACUSE, N. Y.-Mrs. Catherin i,
B. Simone and her four young chill
dren were asphyxiated by gas es-
Gaping from kitchen range and a
water heater at their home early
Saturday.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

The excavations, which have been
going on for seven years, went down
to bedrock, removing 100000 tons of
rubbish. earth and stone from in
front OF the tomb OF Rameses vi.
long open to tourists.
Among the gold, Jewels and other
objects of rare artistic and arch
geological value were two life-size
figures dressed in magnificent coats
of mail fashioned entirely of tur-
quoises, beautiful beyond description
and of intricate design.
The most valuable objects included
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

huge gilded coaches, beds, chariots.
walking sticks, alabaster vases and
costly inlaid boxes. The gem studded
throne of King Tutenkhamun. who
reigned about the year 1850, was
found with the figures of the King
and Queen in inlaid stones on the
back.
Lady Allenby, wife of the British
general, was the first white woman
to enter the. excavation, while on a
visit to Egypt with her husband
The site of the excavation is near
Luxor, on the ground once occupied
by the ancient city of Thebes.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
AUTHOR GETS PAROLE

PHOENIX, Ariz. = Louis Victor
Eytinge, who has gained prominence
through his literary accomplishments
while serving life term for murder
in the Arizona state penitentiary,
was granted a parole today by Gov
ernor Thomas e. Campbell.'
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

Ell PASO. Texas--Joe Nugent, said
to have sold more horses and mules
to the United States and foreign
governments than any other Ameri
can stockman. died here Saturday.
He was vice president of the Camp
bell-Reed Western Sales Stable COM
pany, National Stack Yards, Ills.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

1t would enlarge the facilities of the
federal reserve system, to provide
further for agricultural discounts.
and / hope SO to encourage larger
memberships among eligible banks in
the agricultural districts, and would
extend up to $4,000 the limit on
loans by federal land banks. Alto
gether it presents a comprehensive
plan of permanent relief on prac-
tical lines"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
WADLEIGH NAMED

WASHINGTON = Appointment OF
Francis r. Wadleigh as federal fl
nancial distributor to succeed Conrad
e. Spens, who retires voluntarily
January /, was announced today At
the White House. Mr.. Wadleigh has
been Mr.. Spens assistant.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31
ACADEMY HEAN DIES


president OF thAA Spanish academy.
died Saturday.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

HALIFAX-The British auxiliary
schooner Dorm, with a cargo Of rum.
Saturday sent out an s. o. S. 10 miles
south of Sambro Lightship. She was
reported hoveto with her foremost
gone.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

THE WEATHER

Alabama Rain Sunday; Monday
fair ana colder; fresh to strons
southeast and south shifting to
northwest winds.
Mississippi: Rain and somewhat
colder Sunday; probably clearing by
Sunday night; Monday fair and
colder in extreme west portion; Mon
day fair and colder.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-31

0lD.. sshamehts .acted included
n-aHoaala hs sea.4tor King to reduce
the fu3tino corps and also, to prohibit
t9 OF marines In Haiti and the
Dominican republic after juno 80,
next.
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-10-08
BRIDGES ON IMPROVED ROADS
Now Being Constructed. Say
Engineers.

Few highway bridges with a width
of roadway less than Is feet are now
being constructed ON improved roads.
according 10 engineers of the bureau
of public roads of the United States
Department Of Agriculture. In the
past some l. feet and "A good many of
l6-foot width have been constructed
in an effort Ia econoinize, but IL has
proved sh~ortsighted economy. Only
n line of traffic ear pass over a y
font roadway, and 10 feet of width
will not accommodate two lines in
safety. Many of the states, such as
Pennsylvania, New Jersey. Ohio and
Massachusetts, have found II advisable
In replacing old bridges on important
roads 10 make them wide enough 10
accommodate three and four lines of
traffic.
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-10-08
BETTER.
ROADS !.
STANDARDIzE BRIDGE DESIGN
ration in Specifications That Now
Exist In Building.

prepared by the United States Department
Of Agriculture.)
Greater Standardization of practice
In the design and construction of high
way bridges Is urged by the bureau of
public roads of the United States DE
partment of Agriculture. Ii is be-
Iieyed that there Is no sound reason
for the amount Of variation in specifi-
cations thai now exists and that II
results in greater cost of bridges. State
officials take the same view as the bn-
rean and a committee composed of
bridge engineers has been appointed
by the American Association of State.
Highway officials To consider the mat
ter. A Manual Of Practice is being
prepared, which will represent the
best thought on the subject and which
1t Is believed will be accepted by all
the state highway departments. Not
only Will the adoption of such Il man
ual lead 10 The building of bridges of
good design, but Il will also make pos
sible a saving in money. as bridge
companies will not be called upon 10
meet so much variation in design.
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-10-08
INFORMATION HARD TO GAIN
ent States in Some Cases Not
Easily Obtained.

Prepsred by the United States Department
Of Agricultural
With the annual expenditure for
roads aud streets In the United States
approaching the billion-dollar mark.
more accurate Information and better
means for obtaining 1t seem necessary.
says fhe bureau OF public roads OF the
United States Department of Agrieul-
ture. One thing very much needed Is
the concentration of all sorts OF in
formation and statistics concerning
the roads of the various states in the
state highway departments.
Engineers Of the department are
now gathering complete information
regarding the road mileage and ex-
penditures in the United States. In
many of the states much of the in
formation desired is easily obtainable
from the state highway department.
In the ease of Iowa the figures were
obtained almost Immediately. In other
cases it has been necessary To serd
out numerous questionnaires and some