davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-06-14
Gradual Recovery

Casual glance at the tables will show how gradual the recovery has been. The January, 1922. production compares with 67,000 tons. the low mark made six months prior to that time, and the following months are seen to have made a very gradual climb The climb continued through the latter part of 1922. the same as in the first half of the year and the same gradual increase has taken place this year.
 o O O The 1921 Descending Scale
 The lew mark of July, 1921. was approached in descending scale cor responding to the ascending scale later setting in. Production in the first five months of 1921 was as fol- lows:
The Birmingham age-herald., 1923-06-14
MAKERS
 SET HOT PACE INTRODUCTION
TWenty-nine Furnaces In Full
 Blast Show 60 Pka ent
 Gain In Output For Five
 Months Of Yeags, 1923 ANOTHER SLC2 STACK BEGINS WORK s WEEK No Alabama ls Being Sold
 Under $27 And Stocks On
 Yards Are Only 10000
 Tons, New Low Record

Showing completeness of recovery from the lew point maturing in July, 1921. as well as remarkable advance Alabama iron production In the first five months of 1923 has run ahead of the same months in 1921 by 115 per cent and ahead of the corresponding months in 1922 by 60 per cent.
 The production for the first five months of this year totals 1.205,667 tons. This compares with 756,10S tons in 1922 and 55S,921 tons in 1921. The increase over 1922 is 449.559 tons and the increase over 1921 is 646,746 tons.
 The 1928 production is running at the rate of 2.S95.996 tons for the year. The largest production, that of 1911, was 2,95J,000 tons. That of 1921. smallest in 10 years, was 1,194 ,ooo tons and that of 1922. when the re- covery process gradually accumulated pace, was 2,206,0o0 tons.
 O O o New Record Prospect
 If the iron demand holds it's own for the remainder of the year Ala bama bids fair to make new high record. fIne Sloss- sheffield Will DloW in seventh furnace this week and that ought to serve to make the pro- duction run as high as during the maximum war demand when every furnace in Alabama, fair weather and otherwise, was in requisition and even the Japanese came here and put in Talladega furnace to make irCn for their own wants. Jenifer and Trussville also operated during the war.
 O O O Two Years Compared
 l.,, ,,,1r+b. pd
The Birmingham age-herald., 1923-06-14

THE WEATHER FORECAST
 FOR THE STATE OF ALA BAMA:. GENERALLY FAIR THURSDAY AND FRIDAY.
The Birmingham age-herald., 1923-06-14

NEW CAPITAL INVESTMENT TO JUNE i GREATER BY S7,000,000 THAN PREVIOUS HIGHEST YEARS RECORD,
, 1923-02-11

f~ineries OF the state TO capacity. Wyo'
ming crude is still being shipped by
rail 10 Regina. Canada, n Salt Lake
City. Omaha and Pennsylvania
points were added as shipping points
late in the year as a result OF the de.
livery Of oil at Casper by independent
carriers. Pennsylvania reflneries
have found IT profitable to pay freight
on crude from Casper east, due TO the
great differential between Pennsyl-
vania and Wyoming prices. Ship
ments are expected to increase in
1923.
Some experts are inclined to believe
that Wyoming has been favored by
the delay in its oil development during
the period of over development and
cheap prices. Much potential develop.
ed production now stored under.
ground Will bring n much higher price
at some future date, It IS predicted,
thus permitting tho people aud tho
state 10 reap much larger returns
from the richest resources boasted by
tho state.
, 1923-02-11
PRICE OF CRUDE DOUBLED SINCE
FIRST OF YEAR., MARKET SOARING
Steady Improvement In Demand for High Grade Oil
Augurs We for Operators and Producers Of
Wyoming During the Coming Year.

Marketing conditions in the Wyom.
ing oil fields appear more favorable
at the beginning OF the new year, an
increase Of 60 to 55 cents n barrel in
Wyoming crudes having been author.
lied last month by the principal pur.
chasing agencies following accept.
ance by the government Of the Sin
clair Oil company's bid for Salt Creek
royalty oil at a price which prac.
tically wipes out the differential be
tween M"idcontinent and Wyoming
oils. A recent advance in the price
OF Pennsylvania crude is also regard
ed as n favorable omen.
Although Salt Creek crude sold for
many months at 10 cents a barrel,
the new price is s1.35 with prospects
that It may go higher. Present post
ed prices for principal grades in wyo.
ming follow: Salt Creek, Big Muddy
and Hamilton, S1.35; Usage. Lance
Crock, Elk Basin md Grass Creek,
$50; Rock Creek, 1.A5, and Mule
Creek, $40
In addition to operating the big re-.
, 1923-02-11

ing I'VE ana the call Tor
iron ore, therefore, was less than It
had been In some preceding years,
but 100000 tons were produced at the
mines at Sunrise and shipped TO Col
oIado for reduction. The value Of
this output was $500 900.
Minor Minerals Listed.
The value of Wyoming minerals
produced during 1922. other than pc
troieum. coal and iron, is estimated
at $4,000, 900. These minerals in.
clude precious metals lin compara.
lively small quantities.. gypsum, So
dunn sulDhate, %bentonite, phosphate
rock. gravel, building stone. lime
rock, etc. During the year 1000, 900
o of lime rock were quarried and
used in this and neighboring states
in the refining of sugar and the pro-
of lime. About 2 1000 tons
its. t~hree-fourths OF this output being
utilized by the cement and plaster
mills at Laramie. Two thousand five
hundred tons of sodium sulphate was
taken from deposits in Natrona coun-
ty. the greater portion of this produc.
ton going to Kansas City, where it
was utilized in medicinal, stock food
and glass manufacturing. There was
a small production Curing the year
of bentonite. probably not more than
90 tons. Wyoming contains immense
deposits of this mineral. which is in
creasing in commercial Importance
since perfection of a method for its
use in the de-inking of print paper.
During 1922 the first Wyoming works
for the refining of b%entonite was
erected and began operation at Chey-
enne. The bentonite production of
tho year vas from deposits near New
castle, Rock River and in Big Horn
county.
Precious metals were produced in
wyoming during 1922 only as by
products and tho production was
small, probably not exceeding $4,000
for all. 1t included gold. silver, plat
mum and uranium. Copper mining
in the state. once promising, was IN
a state Of stagnation Curing 1922.
, 1923-02-11

IL miles of Cody his.
covered In 1914 Has a gns velIz
win Z 400 oOo 81, Z, averoga row
CANNED in
Osaga-Ir u-ostoor Co,,,+;, about
IN miIcs % Eow C,.,Io
D.scoyerad IN 1o2o prodrocs obo,,t
Aoo mis- dany on 10 no-offn hoso
pine NIounf Satrona Conn.
tv about Ok niles ~ Cas-.
ne, Discovnrod In 1910 woIts
n~roducing gas and oil tbo later
hoIrg almost r,t,ro, n,h-Iron+
No nine 1Jno
pIunLett-Ir Ere,,ort COUNT,
IA miles ortb.ost' NJ Tor5o~ Uos
"A Wells 90 sn,am nrod,,otto. T., III,
lou sond No nina IIna o,t,ot
sage Creek-In Fremont County
81 miles of Tandar Dis,
covered In 1000 0,n vii osttr,atod
4 M 0oo or n ~ gos sb,,t in
, 1923-02-11

put from this field alone would x.
ceeG by more than 1 1000, 900 bar.
rels annually the entire OUTPUT OF
tho state Of Louisiana or OF Kansas
which at present hold the fourth
and fifth positions and would be
exceeded only by the states of Ok.
lahoma. California and Texas.
Salt Creek as usual produced more
oil than all the other fields OF the
state combined n during the en-.
tire year the output from this field
was on 4 p~ro-ratlng basis ranging
from 80 to 40 per cent OF the deyel.
oped production.
The increase IN production over
that OF the previous year brought TO
the Wyoming producers $4,000 900
more in revenue and added sal.
600, 900 to the value of the refined
products over that of the preceding
twelve months.
The following table shows the total
production from all fields OF the state
having pipeline outlet for the year
1922:
, 1923-02-11

These figures which have been OBJ
tanned from the most authentic sour.
cured from the most authentic sour.
ees available, show only the actual
pipeline runs from the various fields
and do not take into consideration the
enormous amount that has been
drilled in and capped while awaiting
pipeline or other marketing facilities.
With the output placed at the above
amount. Wyoming ranks sixth as an
oil producer in tho United States, but
were it possible to market all the oil
developed at present in Salt Creek
(which, according to the latest esti.
mate Of the MISUNDERSTANDING com.
pany is 232, 900 barrels daily the ou..
, 1923-02-11
Iron Mine at
Sunrise, Wyo.

Sunrise, one OF Wyoming's most
important mining centers, is located
on the Burlington railroad in the
middle eastern portion OF Plntte
county. II is not far from the
North Platte OIL flelG.
The Sunrise mines produce iron
ore in large quantities. The iron Is
In the form of hematlte and is one
OF the most important assets in east.
ern Wyoming. These mines yield
close to $4,000 tons of ore annually.
Most of tho mines are owned and
operated by the Colorado Iron and
Fuel Works. This company ships
the ore directly to the smelters in
Pueblo, Colo.
There is n probability Of smelling
this ore in Wyoming at some not dis.
tart date.
, 1923-02-11

Buffalo Basin-In Park and Hot
Springs counties, about 60 miles
northwest of Thermopolis. Discov-
cred in 1917. Proved for gas.
Average open flow estimated 25. o0O,-
900 cubic feet. No pipe line outlet.
Big Sand Draw II In Fremont
county. 20 miles southeast of River
ton. Covers about IL square miles.
Discovered in 1917. Gas wells aver
age 10000, 900 cubic feet. Pipe line
to Riverton and Lander.
ByrOn-In Park county, a miles
northwest of Greybull. Discovered
in 1907. o. is paraffin base.
Dallas-In Fremont county, Is
miles southeast of Lander. Oldest
field in state. Active development
, 1923-02-11

are exploited both for the ben.
eft of Wyoming and at the expense
Of the region. This however. does not
prevent tho revenue to Wyomingites
from development n exploitation OF
the mineral u playing n very
important part in the prosperity of
the state.
Wyomtng's mineral industry dur.
ing 1872 produced S1s3. 211. 900, or
over $500 per capita, this statement
rredicating petroleum value on the
estimated refined basis. Petroleum
was responsible for $163. 461 900 ire
fined price basis). of this amount, the
other mineral producing
only about is per sem of the total
revenue. The 1922 mineral output
was worth sa2, s65 $50 more than the
1921 outputs value, $50, 345 $50, but
would have been less had it not been
for the increased production of petrol.
cum h 1922 output of which was
worth s31 ,116 900 more than the 1921
output.
coal Output Reduced.
Wyomlng's coal output curing 1922
like that of all other coal producing
states the mines of which are union.
lied, suffered from the five months OF
idleness at the mines resulting from
the strike hat was in effect from
March until September. Accurate in
formation regarding the output OF
coal during the periods of 1922 prior
and subsequent to the strike Is not
available, but an official estimate
placesa It at $780, 900 tons. or only
1880, O0o tons less than the curtailed
1921 production of 100000 tons,
The mines of the state. working full
time. are capable of a production be
tween is, 900. 900 n IS, 100000 tons
annually. On the basis of a value at
mouth of mine of SO n ton. the 1922
production was worth S20.250.O 900,
which was S3,750,OOO less than the
production of the preceding year.
Although h production is compar
atively small, iron ranks after petrol
cum and coal in wyoming's mineral
output. The iron industry was han
dicappeG by industrial troubles dur
, 1923-02-11

20 miles northwest of Thermopolis.
Has proven area about . miles
square. Discovered in 1919. Pro-
duces about 5000 barrels monthly.
OIL is paraffin base.
HudsOn-In Fremont county. 10
miles EAST Of Lander. One OF states
oldest fields. Produces about IFS
barrels daily. Oil is asphalt base.
Lance Creek-In Nlobrara coun-
ty, about 30 miles north Of Lusk.
Discovered In 1918. Oil is paraffin
base. Pipe line to Lusk.
Lost Soldier-In Fremont, Carbon
and Sweetwater Counties. about 80
miles northwest of Rawlins. Dis
covered in 1918. Proven area about
4 50. mi. Oil is paraffin base.
, 1923-02-11

Don bTack, cigars, IndInn EOodA
clothing, clay products. machine
shop products, Including repairingl.
bakery products, drain pipe, glass.
artwork. electric power, gas. chem
ical 6islnfectants, medicinal products.
printed matter. stock foods, flour. al.
fnlfa meal. carbonnted drinks. cement
and souvenirs etc.
Refined products OF petroleum ard
dairy manufacturer nre not included
in this estimate Of factory output.
having bcen credited to other indus.
tries.
Among tho most important man
utacturiuE activities IL the produr.
ton OF sugar, OF which 81. 0 900
, 1923-02-11

started in 1907. Has about so wells
averaging 30 barrels daily. Oil is
dark brown with asphalt base.
Elk Bas.n-Mostiy in Park coun-
ty, but extends into Montana Dis
covered in 1915. Has aobut 200
wells. Oh is paraffin base.
Ferris-About 25 miles north of
Rawlins. mostly in Carbon county.
Discovered in 1918. Wells averag-
ing 500 barrels each. on is paraffin
base.
Grass Creek In Hot Springs
county. Discovered in 1914. on is
paraffin base.
Hamilton-In Hot Springs county.
, 1923-02-11
EVERY COUNTY In STATEBOASTS OFLARCE
MINERAL DEPOSITS, DETAILED SURVEY SHOWS

IN the following synopsis OF tho
oc%currance Of minerals in the various
counties, tho writer feels that he owes
no apologies for any omissions that
may occur therein. rs he did,
time previous to the writing OF this
article, write TO tho various Cham
bers OF Commerce and Commercial
clubs Of the leading cities and towns
, 1923-02-11

cessful md mining is Of vital impor.
lance, not to single counties, but to
this Great State, asHn whole.
While several counties may have
the same mineral in commercial guam.
t'ty, there nrs many minerals, both
metallic and non-mctalllc, thnt occur
ouly In limited areas, Therefore, by
cooperation, each may help the other
, 1923-02-11

and by so doing, lessen taxes. or bet.
ter still. add revenue for better roads,
schools and public buildings.
II is not what Teton, Crook. Lara
milo and Ulntn counties have each.
but what they nil posscss. that makes
the State. Tho delinquent factors In
mining IN this State have been o.
honorable business methods. q thor.
Continued on Page Tenn
, 1923-02-11

Of the state asking for cooperation.
in that any Information available be
placed Mt his disposal.
There has been but ono reply 10
these requests and that from the pro
Eresgive city OF Laramie. and the
writer wiHhes 20 thank them cor their
courtesy,
Any modern Industry must have tho
utmost cooperation to become sue.
, 1923-02-11
PETROLEUM PRODUCTION TOTALS
25,147,895B BARRELS LAST YEAR
of 100000 Barrels Over 1921 Figure
Is Recorded Despite Lack Of Facilities to
Handle Oil Developedin Salt Creek.

With an increase of more than rs per cent over the output
OF the preceding twelve months, the year 1922 smashed all
previous records in crude oil production with a total of over
100000 barrels produced in Wyoming. This oil brought
to the operators of this state approximately S33, 90, 600 and
would have at the average prevailing prices, a refined value
, 1923-02-11
MINES AND OIL FIELDS PRODUCE
OVER S183,OOO,OOO IN RICHES
Jump in Crude Output Accounts for Gain of Over
$22,865, 900 in Single Year; Strike Reduces
Coal Production But Total Looms Large.

Wyoming's vast and numerous mineral resources have
been the states chief source of export revenue. since the
development of the oil resources was undertaken on a large
scale nearly a decade ago. The revenue derived from the
states minerals, however, unlike that from other industries,
goes in large measure to non-residents-the mineral resources
, 1923-02-11
MINOR MANUFACTURES ADDING TO-
STATES GENERAL PROSPERITY
Fifteen Million Dollars Worth Of Products Are
Output in Baby Industries; Sugar Mills
Grind Up Wyoming Grown Beets.

=, wyoming has a steadily growing manufacturing industry
that during 1922 output products of the estimated value of
$l5,O00,O0O, which was about 100000 more than the out
put of manufactured products during the preceding year.
confectionery. mill work. timber products. leathar goods car
The Washington times., 1923-12-19
Bank Clearings Gain

Debts to Individual accounts for
the week ending December IL ag-
gregated $9,711 900, 900, or per
cent in excess of the total of So
3S9, 900, 900 reported for the preced-
ing week, which contained only five
business days New York city re-
ports an increase of $4,000, 900;
Chicago, an increase of $4,000, 900;
and Boston, an increase o f$18,-
900, 900, while San Francisco reports
a reduction of $40, 000, 900 and Phila-
delphia a reduction of $4,000, 900.
AS compared with the correspond
ing period in 1922, debts for the
week under review show an increase
of $841 900, 900, or Of about 10 per
cent. Larger figures are reported
for most of the important centers.
New York city shows an increase
of $64S, 900 900; Chicago an increase
of $65, 100000, Boston an increase
Of SAT 900 900, and Los Angeles an
increase Of $29 100000. A decrease
of $4,000 is shown for Pitts
hurgh.
The Washington times., 1923-12-19
SANTA CLAUS To-
CALL ON TAXI
DRIVERS
Black and White Company to
Treat Employees and
Their Children,

That benign old gentleman whose
impending arrival is causing younger
Washington many GREATNESS mo-
nents these days, viii stalk into
the gymnasium Of the Union Station
Saturday afternoon at o'clock
while the kiddies Of all the drivers
Of the Black and White Taxi and
Sightseeing Company cheer Justify,
or rather, gaze with awe at the
fullto-heapening sack that he WIN
carry over his broad shoulders.
Which is tantamount to saying
that the employees Of the Black and
White Taxicab company VIII be
present with their children and
wives at Christmas party. A big
tree is being erected in the gym
nasium and it win be loaded with
all sorts Of goodies, not the least
welcome Of which will be be a bag
Of candy and toy for each child.
Those things ought to make any
Christmas party rate pretty high
with any kid-but they are not all.
AS minor attractions. the company
has arranged an extensive enter
tainment. There will be an orcl1es-
ira and there win be clownish
acrobats. Then there are to be
heaps Of nuts and candy and each
kid will receive stocking full Of
candies, oranges and other things.
William J.. Brown is in charge Of
the party.
The Washington times., 1923-12-19
STOCK MARKET
SHOWS QUIET
TONE
Steady Trend Prevails in Early
Trading Despite Small De-
cIines at Opening.
By II. j. DUIZEND.
Copyright. 1923. by Cosmopolitan
News Service.)

NEW YORK, Dec. 19.-Stocks fol
lowed a. quiet course in the first two
hours trading on the stock exchange
today. There was no sign OF the
heavy pressure which wrought SO
much havoc in yesterdays closing
hour. Several feeble attempts were
made by the professional element to
bring about a resumption Of the
lquidating movement but little long
stock was for sale, whereas the re-
turning strength in some directions
made sentiment in bearish quarters
more cautious.
The market opened with frac.
tional declines in most departments,
but resistance was soon offered, re-
sulting in q steadier tone. The oils,
which faced yesterdays selling re-
markably wen. appeared again under
accumulation. Rumors OF an i'm.
pending advance in the price of mid
continent crude oil were again cir
culated. Such representative stocks
as Standard OH of California, Pa
cific Oil and Phillips Petroleum were
taken in good sized blocks, even at
times when professional pressure
was applied to other parts Of the
list.
Accumulation was also evident in
the steel group, while the tobaccos
displayed a much better tone un-
der the leadership of Tobacco
Products and Schultz. The recent
10 point drop In these issues ap.
peared to have corrected an over.
extended position.
Motors were mixed, Studebaker
holding its own, while Chandler
Motor recovered sharply and
Pierce Arrow preferred slumped
further under further profit-taking.
Merchandise stocks, led by May
Stores. were well bought. Leather
shares also showed a good tone.
Bullish activities were resumed in
Cuyamel Fruit, National Lead, and
a few other specifics. Jones Tea.
however, was again heavily sold in
anticipation Of unfavorable dividend
action at tomerrow's meeting.
Baldwin was moderately depressed.
Railroad stocks presented a. fairly
steady front, Northern Pacific ex-
perienced alternate speels of firm
ness and heaviness, rejecting on
posing opinion as to the maintten-
ance OF the dividend rate a today's
directors meeting. st. Paul issues
registered new low records for all
times.
Call money renewed at AZ per
cent.
The Washington times., 1923-12-19

NEW YORK, Dec. 19.-Cotton fu-
lures were irregular at the opening
today, prices being from points
higher to 10 points lower.
Selling appeared in the near posi-.
ton, due to somewhat lower Liver
pool cables.
December opened at 34.95, off 10
points; January at 34.18, off points;
March at Bats, up points, and May
at 1870, unchanged.
The Washington times., 1923-12-19
New Tax Aid to Mellon.

A. w. Gregg, of the Bureau Of
Internal Revenue, has been ap-
pointed assistant to the Secretary
o fthe Treasury to act in an ad-
visory capacity with regard to tax
matters.
Mr.. Gregg has been connected
with the Bureau OF Internal REEVE
nue. since March, 1920. For a time
he was connected with the office
Of the solicitor, and was chairman
of the special committee on appeals
and review. Lately. he has been
chairman Of the committee on the
revision Of the revenue act.
The Washington times., 1923-12-19
MORE DIVIDENDS
DECLARED BY
BANKS
American Security and Trust
Co. Adds 100000 to
Surplus Account.
By HARRY GUSACK

The transfer of 100000 from
undivided profits to the surplus &C.
count, giving the institution q sur
plus of $780, 900 was authorized
at meeting of the board OF dlrec-
tors of the American Security ana
Trust Company yesterday. Thls
gives the bank a capital or So
100000 and undivided profits In
excess of $4,000.
The directors also declared the
usual quarterly dividend of per
cent and an extra dividend OF 2
per cent, payable January 10, 1874,
to stockholders of record December
81. This will mean a total d1sburse'
ment of $4,000. This is the
second year that American Security
stock has paid Is per ceat, the
regular dividend being IL per cent
and per cent extra having been
added for the last two years The
bank paid an extra per cent dlVl'
dend last July.
The American Security and Trust
Company recently entered the thirty
firth year Of it's existence, ana pre-
liminary reports snowy that the clos
ing wear will be one Of the most sue.
cessful in its history. At the END OF
it's first year in 1890, the banks
customers numbered $50 with APP
proximately 1851 900 on deposit.
Since then the number Of customers
has increased to more than $4,000,
and deposits throughout the year
have aggregated approximately $780,
000, 900, with resources more than
$32, 900 900. Notable gains have been
made by the trust department in the
last year, it is reported.
The Washington times., 1923-12-19

Local Stocks,
FURNISHED by w. B. Hibbs & Coz
SALES.

SALES.
Washington Gas IS, 1888: 81, 5000
100, 1,0oOQ1OOM, $50o@1Oo4s, 81 900
@1oo1s, $5G0@1OoM.
Metropolitan Railroad 5s: $4,000
991s.
Capital Traction Co.; 5000, 5096,
5@961s,
Washington Railway & Electric
common: 10000, 10@69, 5000, 100
60, 10000, 10@69, 20@69.
Washington Railway & Electric
preferred: 10071h, 10@71k, SO
71h.
Washington Gas Light. 5@4SN,
5@48N, 10@4S$.
Lanston Monotype: 5070, SOTO,
10@7O, 1000, 1000, 1000, 90
Q70.
Mergenthaler Linotype: 19152.
AFTER CALL.
Washington Gas Light: 25@48T.
Washington Railway & Electric
common: 1O@69M, 25@69.
Washington Gas IS, '33: $5o0@1O0.
MONEY.
Call loans soc per cent,