davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-11-02
GROUND |s BROKEN N FOR M'COY CHURCH
Bishop CandIer Declares Young Men And Women
 Are Biggest Assets

In the presence of college stu dents, residents of Owenton and several hundred preachers and lay delegates of the north Alabama con- ference, which Is now in session at Ensley, ground was broken at 8 o'clock Thursday afternoon for the Mccoy Memorial church, which is to be built to house the religious &C., tivities of Birmingham-South col lege and the community of Owenton. Plans for the construction of this building have been under way for several years, but 1t Is only recent ly that sufficient funds were coll lected to begin actual work.
 Bishop Warren A. Candler, who is presiding over the sessions of the North Alabama conference, was the principal speaker and removed the first shovelful of earth. His address was brief, lasting only about 20 minutes.
 we talk great deal about our best resources-eoal iron, and ma terial things-but material things are not our best resources" said Bishop Candler. Our best resources are our young men and young women." He then spoke of the prog ress that has been made by the man race in conserving its resources with especial reference to educa- tion. He pointed out instances, where education has paid and where lack of education has cost. "Massa- chusetts, with one-sixth of the area of Georgia, with no iron ore, no timber, no cattle ranges, and with 4,000,000 people, owns more property than the 25,oo0,O00 people in the south" he stated. q do believe 1t is a difference in intelligence, but a difference in training"
 But mere intelligence may be diabolical," continued the bishop. we have seen in our day intelli- gence that did not bring the world a blessing but came near wrecking it. Seven million of our youth are lying dead on the fields of Europe because of certain type of intelli- gence. Nations have fallen, not in their days of ignorance, but in their days of corrupted culture. Education must be religious. Try to plant the tree of life and you will have an- other Eve experience"
 He closed his address with a tribute to the memorial to be raised to Bishop James Mccoy. Tt is not a mere monument of stone," he said. Tt Is memorial that will repro duce him in kind in those who are brought under it's influence"
 "CoIIege Needs Church"
 His speech was followed by a brief address by Dr. Guy E. Snavely. president of the college we are all agreed that the church needs the college" he said. Likewise the col lege needs the church." He then
The Birmingham age-herald., 1923-11-02
Shipping Activities ALabama's Seaport

MOBILE. Ala, Nov. 1.-(Special Leased Wire)-Two steamers arrived during Thursday to go on the load ing berth for Cubas ports and a third steamer cleared for South America via St. Thomas for fuel. The arrivals were the Danish steamer Normania to the Munson lines and the Ameri- can steamer Munisla to the same company for the identical berth. The departure for the day was the Amer ican steamer Capillo, Munson Lines, St. Thomas. The Capillo bunkered here, taking 1000 barrels of fuel oil and will touch St. Thomas.
 The British schooner, Bahamas, ar rived late Wednesday night and will go to the Southern Drydocks Friday for hauling out, later loading with lumber here. The Abasco Bahamas arrived from Abasco, with Captain William A. Sawyer, owner, in com mand. This schooner will be handled by the Mobile Ship Chandlery com pany.
 Two steamers at the same wharf, the Norwegian steamers Lysefjord and Smaragd at Pier 1, presented diff ferent aspects Thursday. The Smar- agd completed discharging a cocoa nut and banana cargo, while the Lysefjord was loading for Stann Creek and Belize.
 The Transmarine Corporation will have regular string of freighters in Mobile, with a boat every week. Under the schedule as learned yes terday the Sucarseco Is due Novem- Der [; Suphenco, November l4; Su- durco, November 21; Suremico, Mo- vember 2S; Suredco, December }; Sul- co, December 12; Sucarseco, Decem- Der 19 and Suphenco, December 26; the Sunelesco is at present loading for New York at the city wharf. All steamers of the Transmarine Corpo- ration are for New York.
 River Plate and Italy will be cared for during the near future with sail ing schedules by the Van Heynigen Brokerage company. The Italian, Idazo, will arrive about December 15, to go on the Genoa berth and the British steamer, Port Reath, will ar rive the middle of November to load for Montevideo and Buenos Aires.
The Birmingham age-herald., 1923-11-02
SHORTS HAVE HARD. TIME OF II AGAIN
Chesapeake And Ohio Make Most Pronounced Of
 Days Gains
By WALTER B. BROWN Editor New York Commercial

NEW YORK, Nov. 1.-Shorts had another hard time of it Thursday and although there was some irregularity at times there was no dominution of the underlying strength and the mar ket made further substantial gains for & number of stocks. Chesapeake and Ohio made the most pronounced advance with a net gain of 9s on the expectation that 1t, too, would soon come in for an increase in its divi- dend rate. The most active stock on the list was American Can. which added another gain of F to it's up- ward swing. It is generally under stood that an extra dividend will be declared, possibly before the end of the year. United States steel touched 923s during the day, although profit taking bro9:e>ht it down to 91 S at the close, which even so was 2s higher than the close of the previous day and compares with the low of S63s last Tuesday. Profit taking was in- dulged in to quite an extent but there were always plenty of hungry shorts to absorb the offerings. The total sales were not quite as heavy as yes terday, but nevertheless exceeded 100000 shares. The first hour, in fact. reminded one of the hectic days of last February, when the boom was a it's height the sales being 435,000 shares, pr within 80 per cent of the total of many days recently.
 O O O
 Not Saying Much.
 The turnabout in sentiment is one of the most startling the market has witnessed. Up to Tuesday night everything was pessimism. Now every thing Is optimism and there is talk of extra dividends on other industrtals and on some of the rails. The for eign situation is considered bullish because 1t couldn't be worse and any turn must be for the better.
 Everyone Is proclaiming how sound business Is and that they knew all the time that fundamentals were all right. The public was in the market today to greater extent than for long time, which is not saying much because they have been out of the market altogether for such an ex- tended period that brokers offices have been deserted. If the advance continues they will be back again and they can well do so, because stocks are cheap and there are profits to be obtained on the long side. It lis possible that the present recovery may spend itself in a few days, be- cause anything Is possible in the stock market, but there has been a change of sentiment and as the down. turn has been due largely to a state of mind. there is every reason to sup pose that an improved state of nina should bring about an improved stock market situation. It is true that there has been some recession from the peak of business activity, but as the situation now stands business is upon a sare, substantial basis and should support the country in a normally prosperOuS condition.
The Birmingham age-herald., 1923-11-02
three weeks but the leaders will be changed frequently.
 KAHN EROS. & VIRGIN.
COTTON

NEW YORK, Nov. With buoy ant Liverpool prizes started at ad vance but the market soon calmed down. As was to be expected trad ing has been of ain evening up char acter. although it may be said that the market took exceedingly heavy liquidation on the opening very well indeed.
 In the afternoon some local 1iqui- dation set in, but trade buying proved sufficient to check it. Opinions about tomorrow's report seem fairly linan- imous in expecting very low figures as the trade has felt that unless a rather drastic reduction was in or der, this supplemental report would not be made. so if any surprise is in store 1t would seem that it must come from larger figures than now gen orally expected, although hardly any one thinks present prices discount a crop around 0,250,000 bales.
 Should the market have a substan- tia1 decline from these levels there appears to be a potential buying power awaiting such a development as there Is 8 large amount of cotton on which the price has not been fixed. Many conservative people here prefer no speculative interest in the market either way over the report
 KAHN EROS. & VIRGIN.
The Birmingham age-herald., 1923-11-02
RITTER MARKET

CHICAGO. Nov. 1.-Demand was not quite so insistent in today's butter mar ket, and supplies, particularly of the me- dium scores. were slightly more liberal in the situation and at the close the mar ket firm. Fancy butter and cars of centralized were closely cleaned up and sales at premiums were not uncommon. Storage cars of centralized were in fair demand, but fancier scores apparently were not wanted.
 Fresh butter: 92 score, 5shc; s1 score. 49hc 90 score 4S1k s9 score, 46hc; sS score, 45c; s7 score, 431sc; s6 score. 42c.
 Centralized car lots: 90 score, 48c; S9 score, 45c; 8s score. 44c.
The Birmingham age-herald., 1923-11-02
Boxers Run For Seats In Louisiana House

NEW ORLEANS. Nov. 1.-Victor Lacroix and Raymond Giefers, known to every fight fan in New Orleans and along the gulf coast as Jack Denny" and Red Dolan," respective ly, are candidates for seats in the lower house of the Louisiana legisla- ture and are actively campaigning for support in the primary to be held in January. Both desire to represent districts in the city of New Orleans.
 "Denny" and "Dolan" have retired from the ring and are married La croix a marble cutter, is the father of six children, Giefcrs has two sons and operates a barber shop when he isn't refereeing a fight.
The Birmingham age-herald., 1923-11-02
COLLINS MAY GO TOLEAD SENATOR'S

CHICAGO, Nov. 1.-Eddie Collins, star second baseman of the Chicago White SGx and recently mentioned as a possibility to relieve Kid Gleason of the club is under consideration for the management of the Washington Americans, according to reports in baseball circles here tonight.
 Collins aspires to become a major league manager, and with the se- lection of Frank Chance to pilot the White Sox next season, is said to have advised President Comisky of his desire. While the prospective trade has not yet reached the stage of actual negotiations, officials of the White Sox indicated tonight that a deal was shaping.
 From the same source 1t was learned that Gleason was being ctn- sidered for the managerial berth of the Boston National league club.
The Birmingham age-herald., 1923-11-02

removed a shovelful of earth as the representative of the college.
 number of people were then called upon to remove earth. W. E. Cox represented the membership of Cwenton community; Dr. Robert Echols, the board of college trus- tees; pr. L. c. Branscomb, the North Alabama conference; NJ. E. Lazenby, the Alabama conference; Chapman Curry, the student body; Taylor Kir- by, the college Y. M. c. A.; Miss Sara Lathem, the college Y. W. c. A.; Rev. s. o. Kimbrough and Claire Purcell, former pastors; Dr. l.. D. Patterson, the family of Bishop Me Coy; Drs. J. s. Robertson, John R. Turner, former presidents of the college; Mrs. R. S. Munger, as a friend of the college, and Dr. George R. Stuart to represent Everybody"
 The crowd was dismissed by Dr. Frank Willis Barnett. They were then entertained in the M, Paul Phil lips library by the college faculty and students
The Birmingham age-herald., 1923-11-02
NAVAL STORES
NANA aArrAArNI ~

SAVANNAH, Ga., NOV. I.-Turpentine firm, 9lc; sales. 100; shipments. 6s4. Resin firm; receipts 1,260: shipments none; stock, 116,212. Quote: B, D, s4421A E, F. s4.421s 04.50; c. H, s4.42M Q445; I, s4.42a Q4.47h; K. s4.46@4.5O; W. x, s5.40.
 Turpentine stock, 1s.242. Sales rosin, 13,3S6.
The Birmingham age-herald., 1923-11-02
oHICAGo BOARD OF TRADE
CASH GRAIN

MINNEAPOLIS. Nov. 1.-Wheat, No. northern, s112A @1.1sA. Corn. No: 3 yellow, ls1 e S2c. Oats, No. white, SS1s @ SS%c. Flax, No. l, s2.34% Q2.S6%.
 KANSAS CITY. Nov. Wheat No. 2 hard. S1.04Q1.25; No. red, $114Q II 1a . Corn, No 2 yellow, 97@ssc No mixed 90@90hc. Oats, No. 2 white, 4212 co 4Sc s No. mixed. 42c.
 CHICAGO, Nov. 1.-wheat, No. red s1.07A Q1.o9; No. 2 hard, $1.0955 O 1.09% Corn, No. ? mixed, 8S @92c; No. yellow 94@94hc. Oats. No. white, 43Q44 19 ; No. white 42@4$ho, Rye nominal 7.75. Clover seed. $15@2S. Lard, 1275c; ribs. e.25 Q10.75c.
 ST. LOUIS, Nov. 1.-wheat, No. 3 red, s1.I4@1,1e; No. red. s1.1o@1I2. Corn, No. white. SEC; No. 2 yellow. 97997hc. Oats. No. white, 43h Q44hc; No. 3 white, 43@43hc. Close wheat: Decem- ber. s1.OsA 1.oS%; May, s1.l2&. Corn. December, 74Ac; May. 72A 0729sc. Oats. December. 41%c.
 TOLEDO. Ohio. Nov. 1-clover seed, old s13.75; new s14.25 November, s1425s December, S14.15 asked January S14.15; March, $1390 asked. Alsike, s10. Timo- thy old, S3.65: new and November, S3.70i December, $3.S6; March, SS.s7h.
 FLOUR MARKET
 MINNEAPOLIS Minn., Nov. Flour Unchanged to 15c higher; family patents. $6.10@6.40 barrel. Shipments, 6S,471 barrels Bran s2S @2s.5o.
The Birmingham age-herald., 1923-11-02
Banker Wanted

bank and with capital of 25000 being gnized southern city officer
 acting president and be personality and hghclass executive ability will be expected to take financial interest," successful banker qualifications the position offers unlimited abilities with salary All correspondence strictly confidential Address, Southern Banker" AgeHad
The Birmingham age-herald., 1923-11-02
STOCKS

NEW YORK, Nov. 1.-Trading on a heavy scale continued in todays stock market and with the exception of the oils, prices advanced sharply. Accumulation which had been quietly going on for weeks while the mar ket was being pounded down de- veloped into an open demand for mostly all groups.
 Short covering was again in evil dence in Steel Studebaker, American Can and other active issues. Ches- peake and Ohio das decidedly strong on expectations of an increase in the dividend rate to 6 per cent at the next meeting.
 Texas Oil was the weak feature and was heavily sold on rumors ques- tioning the safety of the 8 rate. These reports were denied by semi official statements from Houston. which stated the regular dividend would be declared at the meeting to be held November 15.
 The market appears to have turned the corner in definite way anl pub lie participation was greater today than it has been for months.
 We expect to see this market con- tinue upward for at least two or
The Birmingham age-herald., 1923-11-02
LIVE STOCK

LIVE SIOCh
 ceipts, 12.ooo; most killing classes gener- ally steady; handyweight steers and slow. uneven, about steady: top matured steers. SIP; best yearlings s12.40; numer- ous weighty bullocks, s9@12; plained kind downward to s7; run includes about 1000 western grassers; killing quality plain; bulls weak to 15c lower; western bulls in load lots around s. 50; yealers to pack CTS S950@10; outsiders paying upward to s11; stoekers and feeders strong to 1bc h'fhsr Hogs: oqs Receipts, Sg 49ooo; slow. mostly 1oc to l5c lower; spots on medium lignts 1Se to 2Ss lowe1 ogE gpea sna Shosee top, s7.70; better grades 50 to 190-pound averages, mostly S6:s5 @7.S5; bulk pack !, ing sows s65o@6.75; desirable weighty slaughter pigs. largely $5.75Q6.25; esti- mated holdover 1,SOo.
 sheep: Receipts 21.OOo; killing classes steady; feeders slow, steady to weak; most fat natives and fed westerns, SIP. @ 1S25; few to city butchers. s1s4oi top % range a1S good as ana. ss, sabo; bulk fat ewes, 4 s4. .5o @e; early sales feeding lambs WEED @12.50; few sold.
 neasips aasu sT ooo Sois ssnora M srket mST oo to light hogs very dull at the ciose;. bulk butchers. s740 @7.5o; light weights. s7.15@ 735; light lights. s6,75@7.16; good weight png pss packsr so%s un Changed; bulk, ss.S5 5@e.5o,
 Sheep: Receipts 1000; slow, generally packers. s1275; bulk native offerings, s12,75; few southwest lambs, s12.25@ 125o; .culls. mostly ss; light mutton
 Cattle Receipts. 5000; not enough na- gs vsasrs sead to to ss Higher to $1o.5o 1o.75; bulls about steady; other classes steady; most beef cows. ss.759 475: stocker steers. s4Q6.2o.
 NEW YORK, Nov 1.-cattle: Receipts. .ss steady; .a yows steers S@s2S state bulls ''cgii,Ss Calves: Rseeipts' st; barely steady; .ss Guls sna ans ttls ves
 Sheep and lambs: Receipts, 1,500; high CT, Sheep, ss5@ @62k; euiis. s2@s; lambs
 Hogs Receipts. 20; higher; pigs. -s7.25@ 75o; light to medium weights, $7.75@S; heavy hogs. s725975o; roughs, $s5O@ 675.
 LOUISVILLE. Ky, Nov. 1:.@csttle; Re, steers s4@s heifers,. .s4@S;, cows, s2@ $50; feeders. s4.5O@e.5o; stockers. s2.5O@ 500
 Hogs: Receipts. 27oS; steady steady; :, 200 l2o to ls5 pounds rSofs Ss6O plgs' s2o pounds
 Sheep: Receipts 100; steady lamps VII. s7.65; packers and butchers. s7.s5; me
 Cattle: Receipts. 100; dull and weak;
 Sheep: Receipts. 500; steady; lambs slow and steady.
 | KANSAS CITY. Mo. Nov. 1:-cattle: Receipts, 5000; calves 1000; killing steers N steady: best weighty steers, s1o.bo; yearl- 'Sings. slo.6o; she stock steady to strong; \ beef cows, $a.25@ canners and cutters, R sls6@s; bulls. steady; bolognas, ss.fo9 sssS. -toekers and feeders slow steady, .'xSxs: Receipts. 12.esc rscstly weak to ec lpwsrs bulk oe saleA, &b-s0 @ 20; de- srable lst to 2TV-pourd Averages, s7Q fi.2n, packing coNs. rnonLiy $6. 30 @6.65; fsteek piss steady to weak; bulk. s5.15@ shasp; Receipts. 500. lambs steady to sors Y western. s;7s, natives. si25e;
 s-ssifsss- {stF hs. III, ,s A .'as,s.g
 (}aas <xp g<sOKs
 sF fs2 sas,5 Ee.ss s~ < s.ionr preferred I.'1t Afc'S e' f< Swift Co.,. -arbsde sax: Wrtsley n 5;k xeIlSw Mft
The Birmingham age-herald., 1923-11-02

CINCINNATI, O.. Nov. 1-Hogs Re- ceipts, 6,400; steady to Toe lower: heavy. s765; packers and butchers $7.e5; me- Cattle: Receipts. 100; dull and weak; Sheep: Receipts. 500; steady; lambs slow and steady.
The Birmingham age-herald., 1923-11-02
NIARKET FLASHES


 NEW ORLEANS Nov. 1.-The cotton, rice and sugar exchanges were closed here today because of All Saints Day.
 NEW YORK, Nov 1.-Commercial fall ures totaling 1,563 and involving liabilities. SIS, ,301.741, were reported by Dun's re- view for October. This the largest number of defaults for any month since March, the review points out, adding, however, that five of the months failures were unusually large.
 NEW YORK; Nov. 1-Public offering was made today of S2,600.0 900 Pennsyl- vania Public Service corporation per cent bonds at prices to yield about 6.15 per cent.
 NEW YORK. Nov. 1-The London stock exchange was closed in observance of All Saints Day.
 LONDON. Nov. 1-The Paris bourse and the Bank of France were closed In observance of All Saints Day.
 NEW YORK, Nov. 1.-The daily aver age gross crude oil production of the United States increased 2,450 barrels for the week ending October 27, totaling D. 205,90O barrels, according to the weekly summary of the American Petroleum In stitute. An increase of 47,000 barrels in the daily average production of the Powell field in Texas virtually was offset by de- creases in other fields. The daily average was 1.464,9o0 barrels, an increase of 21, ,95o barrels California production was s01.000 barrels, decrease of 19,5o0 barrels,
The Birmingham age-herald., 1923-11-02
BEERS DAILY GRAIN LETTER

Q CHICAGO, Ills, Nov. 1.--Wheat: This morning there was some change of sen timent apparent on the part of the rank and file of the grain trade. The good tone in the stock market and the belief that there had been eastern buying of ing that Liverpool gave a poor response to our yesterdays strength our market started out very firm. News was bulltsh rather than otherwise and that helped some of the leading local traders who have been working on the selling side were not disposed to change their views on the market position. Minneapolis days, was inclined to drag today. The heaviness was explained as result of renewed buying of Canadian wheat Thus sellers here were furnished with new supply of bearish news and the early ffrInness in the wheat market was turned into easiness with closing prices fraction ally lower than last night
 Corn: Today's news was distinctly bull ish. In the first place widespread unset tied weather was predicted. Again the private crop estimates released today year ago. MT. Nat Murray estimated the new crop at .99S,o00, 900 and carry over of old corn at 4s,oo0 900, making the total available 3,046, 1000, 900, compared with 2,068, 900 last year and 3,15S,- 0o0, ,o00 five-year average. He estimated the number of hogs In the United States at 8 per cent more and the number of cattle 1 per cent less than year ago:
 Continue to expect higher prices for corn futures As for wheat, think that the more optimistic feeling apparent in the securities market will shortly mould sentiment locally into a more optimistic mood.--H. & B. Beer.
The Birmingham age-herald., 1923-11-02

NEW YORK. Nov. 1.-The London stock exchange was closed in observance of All Sainta Day
The Birmingham age-herald., 1923-11-02

LONDON. Nov. 1.--The Paris bourse and the Bank of France were closed in observance of All Saints Day.
The Birmingham age-herald., 1923-11-02
OUer Priuate Wires
HUBBARD BROS. < CO.'S LETTER

HUBBARD BROS. & CO' . LEI AGn
 NEW YORK, Nov. 1.-Trade calling by Manchester spinners before the report to- morrow brought a sharply higher market in Liverpooul this morning. Our market failed to respond fully as there was some overnight liquidation by those who feel it is conservative to go over the report with little or no interest in the market. This feeling has been pretty general and has resulted in liquidation on hand and trade fixing the other so that the trend of prices has been irregular and without much change during the past few days.
 The trade is expecting report around 10 100000 and are watching the stock market with great interest to see whether this indicates a revival in the stock busi- ness and a subsequent better feeling through bout the country. Futures in Liv- erpoo are due tomorrow, Decemb Der, 17.11c; January, 1705c.-Hubbard Bros. &, Co.
The Birmingham age-herald., 1923-11-02
mn ]. l.lSksl ssn<lnka ".

tysr assa Tt,4> *tr--H f.lonr preferrsd ne | 1t AfeS ( ft< Swift ( co. {. carbide. ssx; wrirlsy q Yellow Mfs lsb; Yellow Iaxi rta-
The Birmingham age-herald., 1923-11-02

LOUISVILLE. Ky. Nov. 1.-Cattie: Re- ceipts. 800; heavy steers, $8QS.50; beef steers, s4@S; heifers, s4@s; cows, SEQ 5.50; feeders, s4.50 @6.50; stockers, S2.50@
The Birmingham age-herald., 1923-11-02

Hogs: Receipts, 2,7Oo steady: 200 pounds up, s7.sO; 165 to 200 pounds, s7 25; i; 12o to 165 pounds s6.50 pigs. 12o pounds down, S62505.75; throwouts S6
 Sheep: Receipts, 100; steady; lambs, $11.
The Birmingham age-herald., 1923-11-02

NEW ORLEANS, Nov. 1.--The cotton, rice and sugar exchanges were closed here today because of All Saints Day.
The Birmingham age-herald., 1923-11-02

"CoIIege Needs Church."
 |, His speech was followed by a brief address by Dr. Guy B. Snavely, president of the college. We are all agreed that the church needs the college" he said. Likewise the col lege needs the church." He then
The Birmingham age-herald., 1923-11-02

MINNEAPOLIS, Nov. 1.-Wheat, NO. northern, S112A @1.1SA. Corn No yellow, i81 O S2c. Oats, No. white, SS is ( SSssc. Flax, No. l, S2.34% Q2.S6%.
The Birmingham age-herald., 1923-11-02

Cattle: Receipts. 5000; not enough na- tive beef steers here to make market {; light vealers steady to 25c higher to $1o.5o@ 1o.75; bulls about steady; other classes steady; most beef cows, $3.75 @ 4.75: stocker steers. s4Q625.