davidaulloa/AmericanStories huggingface dataset:
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1923-01-24

Testimony as to any alleged aduis-
sions or statements OF the defendant
in relation TO auy fact bearing upon
he issues in this case should he received
and considered ny YOU, if at all, with
great caution for the reason that the
person narratiug any such alleged adj
mission or statement may have erron-
eouslv understood. or may have forgot
ten. the real admission or statement and
the surrounding circumstances, and the
words used may have been understood
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1923-01-24

EXPRESS malice is that deliberate in
tention unlawfully to take away the
life OF a fellow creature, which IS
manifested by external circumstances
,.anable OF proof.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1923-01-24

Malice is implied where an unlawful
homicide is shown to have been COM
uitta1 and no circumstances IN mitt-
,ratioa or Justification appear. Where
> homicide is committed by the use OF
= 4 ngerous weapon likely TO produce
49,. lie law presumeS malice IN the
sen, OF proof, either. direct or by
rurnStanceS, TO the contrary.
The Birmingham age-herald., 1923-05-30
DAILY BUSINESS EDITORIAL
Birmingham's Job Printing Trade-Arbitrary Cottol
 Prices
Bv RICHARD F. JOHNSTOl

than make iron and steel for
 living They are at the there securely it. What is meant by d Those involving variety of employment be It raising banks companies that men ana hp Interesting sideight has been printing business
 
 ing Commerce the following data cured
 Birmingham job printing firms number 36 They total plant investment of S96l32o sales product last amounted to Slol2Zoo. payroll shared by 352 employees whose monthly $140
 manufacturing concerns figure Only job printing firms embraced m the o
  lines metal manufacture All the money stays at home; all is spent here :r ..ao .,o diversified industry the district will produce the that of job printing 1 chn Birmingham grain handling, blending and mixing center. accordance with the development or their finished products There where the tens ot diversified production that provides for the wants thousands doing other thousands ana helps build the district
 whereby the American Cotton association arbitrary holding until that reached kind of anywhere An arbitrary fixed mouths before the market sounds like dream Generally things nothing Cotton by saying will bring such prices Neither IS price by the supply related the demand
  world peoples and the above their pockeboos and they do China and accustomed to prvaton in the old world
 developed rcedng tendency during the past 10 Lumbean its latest bulletin It has weak buildings large financed by who could stand the attitude and becoming sensible world afford fall It will cordng to wehought
The Birmingham age-herald., 1923-05-30
FOREIGN BONDS (On Stock Exchange)
PRICE MOVEMENT PROVE AIMLESS ON NEW YORK CURB

NEW YORK, May 2s-Speculators for the advance suspended operations in most stocks in todays curb mar ket and prices drifted aimlessly throughout most of the session. A tendency to even up accounts was noted on the part of some of the large traders.
 Active oil shares showed little change on the day. Standard Oil of Indiana closed s higher at 59ss and International Petroleum gained A while Carb Syndicate and Gulf Oil of Pennsylvania yielded fractionally. A thin market was noted for Prairie oil and Gas which dropped points to 2O3 Standard Oils of Kansas and New York showed net losses of 21s and one point respectively
 Stutz Motors improved fractionally on reports that current earnings were running between $s0,o0o and s90,000 monthly. British American Tobacco reached new high of 22B American Locomotive closed as lower at 697s after having touched 7112.
 Fluctuations in the mining group were small and unimportant.
The Birmingham age-herald., 1923-05-30
Erie Railroad Liens
 Are Feature In Bonds

NEW YORK May 2s.-Interest in to- days relatively dull pre-hoiiday trading in bonds centered in the activity and strength of Erie railroad liens. one issue Jumping more than points and four others recording gains of more than noint. Trading in these issues undoubt- edly was influenced by the exceptionally favorable April earnings statement Of the road. ..
 A more important index to the firmness tinued forward movement of active united States government bonds all of these is- sues, with the exception of the tax exempt 3hs which closed slightly lower after rising on early sales, advanced from 1-32 to l0-32 of point French bonds were 6s each gaining point. Rio Grande Du Sul Ss advanced a point.
 Trading in railroad mortgages continued more or less irregular. aside from the inn provemept in Erie issues. New York, West Chester and Boston 4hs receded IS.
 The weekly steel reviews emphasi that production in all districts is practi- caily at the high rate of early May, and that while new orders. distng guished from specifications on old contracts, have fallen further below the shipments from mills. cancellations are negligible and the tonnage which deliveries have been held up is relatively small.
 Call money opened at 4ta per cent, but advanced to before the close. Time money and commercial paper continue on a 5 per cent basis.
 and irregular. Demand sterling eased 14c to 462, and French francs dropped , points to s.60c. Argentine nsper pesos dropped to 35c, another neU ~rw
The Birmingham age-herald., 1923-05-30
COFFEE MARKET

NEW YORK. May 29-The market for coffee futures opened at decline of ? to l2 points, with the active months selling to l2 points net lower during the early trading, under scattering liquidation. No special news feature was commented on in connection with the decline, but recent buyers on bulish statistics seemed to have been disappointed by the failure Of demand to show a greater increase and were evidently disposed to sell out their contracts. These offers were not heavy, and after selling down to s,72c, July rai- lied to 9.s5c, while December worked up from s.2ec to sale. The close was net points higher to 2 points lower. Sales were estimated at 11,000 bags. July a,s5c; September, ss3c: December, s.aSc; March s2sc May. S.23c
 Spot comffee was reported in fair de- mand at 1l7s for Rio Is and at 14la e 15c for Santos 4s. Cost and freight offers were irregular, including Santos Ss and 5s at 1Sh 1340c for prompt shipment and at 11,oO 12c for July to September shipment.
 The official cables reported no change in the dollar buying rate. with decline of l-64 pence in the rate on London, The Rio market was 25 reis higher and Santos unchanged to 50 reis lower. Santos cleared g., 900 for New Orleans. Brazilian port receipts. 12,000; Jundiahy. 5000.
The Birmingham age-herald., 1923-05-30
ent Irregular As Market Hestaes Before Memorial Day Holiday
Oil Earnings Less

NEW YORK, May 29.-The decrease in gross earnings eff the Pacific Oil company for 1922 is attributed to the reduction in the market price of oil due to overpro- duction in the California field, in tho company's annual report, made public to- day Gross earnings totalled s21, ,422. .oo3. compared with $SO,s53,257 in 1921.
 Net earnings from operations aggre. gated S13.209,1S1, compared with s1S,S26,- 14s for the previous year. Other income, including dividends from subsidiaries, raised the companys total income to s15,- 426.379, against s16,261,29 in 1921. Net profit carried to profit and loss account. after deduction provisions for deprecia- tion and payment of federal taxes, was s11.793,225. Dividends paid amounted to 0,500, ,000, and the balance December 31, 1922. s6606,?66, against s5,3S4,52& December 3l, 1921.
 The corporation had 73o wells in oper- ation al the close of 1922, IS new wells be- ing drilled and seven wells being res drilled.
 
 STEEL
 NEW YORK. May e9.-Steel prices un- changed,
The Birmingham age-herald., 1923-05-30
SUGAR MARKET

NEW YORK. May 29.-The raw sugar market was easier and prices were hc lower, with Cubas quiet at 6%c. cost and The sales were estimated at 12b.oo0 bags of Cubas for prompt and June shipment to local refiners.
 The market for raw sugar futures was lower under scattered liquidation, wnich was prompted by reports of a continued poor spot demand, freer offerings Of raws at recent prices and disposition to take profits for over the holiday. The opening was ? to points lower, and prices con tinued to sag, closing at about the lowest and from s to l3 points below the previous night. Closing: July, 6.s5c; September. s.45c: December. 5s2c March. 4.s5c.
 The market for refined was somewhat unsettled by the announcement that one ulated for ''account of whom 1t may con cern" ct 9.50c. List prices, however. were unchanged, ranging from 975c to s.90c for fine granulated. Refined futures nom inal.
 BUTTER MARKET
 CHICAGO, May 29.-The butter market was rather quiet. as buyers here today did not anticipate immediate advances and, besides. most of them wished to clean up as closely as possible for the holiday tomorrow. Dealers also as rule were glad to keep goods moving, but as a rule no price concessions were offered Real fine butter was quite firm, with some moving into storage. Under grades hard to move with some lots moving at con sessions. Ninety score scarce and fairly firm, and lower score cars were more active and steady. Fresh butter. 92 ss score, 3so. Centralized car lots, 90 score, 3shc; se score, 36@36kc; So score, 36 36Ac; ss score, 34h 0S5c.
The Birmingham age-herald., 1923-05-30
DOZEN INDIVIDUAL STOCKS FEATURE
 TRADING OF DAY

NEW YORK, May 29.-Pre- holiday dullness. characterized today's stock market Price movements were ir- regular in reflection of speculative indecision over the next definite mar ket trend.
 Professional interest was confined largely to about dozen individual stocks Reports of an early resump- ton on Crucible Steel brought heavy buying orders into that stock, which was run up to 73 and then eased off to 7o, where it was up on the day. American Locomotive touched new top at 14S12 and then slipped back to Al on profit taking. Baldwin touched 1854 and then eased to 134 F Studebaker gave promise of an old fashioned move and was run up 10 1131b but large volumes of stock were offered at the top prices and 1t finally dropped back to 1124a, up "A
 Sales of copper metal at 15 cents pound or 212 cents below the year high, brought some selling into the metal shares most of the coppers showing slight fractional losses of the close. The American Smelting, however, closed nearly two points higher and National Lead showed net gain of 512. American Can and California Petroleum also showed marked activity. The former closed unchanged on the day ana the latter gained s of point.
 Operations for the rise were con tinued with moderate success in the railroad shares, although there were A few heavy spots, the most conspicu- ous of which were Canadian Pacific and Ptttsburg and West Virginia or 1% and 1A, respectively Erie is- sues made quick response to the excellent April earnings statements showing a surplus of s744,767 atter fixed charges and sinking fund, as compared with a deficit Of Sl,9z i,VVV for the same month last year. Erie common advanced ss on the uay anu the preferred issues 1 Is each St; Louis and Southwestern common anu preferred Rock Island 6 per cent pre-, ferred, Reading second preIerreu' Peoria and Eastern and Western Pa cific preferred advanced to points, the turnover in some held steady y,biIe some of the more speculative issues fluctuated with the stocks TTnion Tank Car Is advanced z "A noints and Marland oil Ss, with war rants. sagged five points.
 Total sales, par value, were *lo'- 43S, 900. .,onoo ooo
 .sociated, Simmons Hardware com ,anv tenwear 6iz per cent gold notes pannornced the issue had been over subscribed.
 twenty industrials averaged s"oo' 'iet High 1923, 1o5.ss; low, s2.77. oo
 Twenty railroads averaged eo.o'' nef Hieb iebS' 1928, so.63; low, so.1s.
The Birmingham age-herald., 1923-05-30
NAVAL STORES


 SAVANNAH, Ga, May 29.-Turpentine steady. ssc. Sales. 29o; receipts, 1.os2; shipments, 42ah stock. GAIA. Rosin firm; sales, 1.157; receipts, a,62e; shipments. so8o stock. s7.7o2 Quote: B. sa.55; D. s4,6o; E, s4.7o; F, C.. H, |. K, $4.7S: M' $4.s0; N. s5.o5; VIC. s5.20; wv, s5.oo. JACKSONVILLE, Fla, May 2o-Tur- pentine steady. s1 Sales 92; receipts, S16; shipments. 75s stock, 1o,s56. Rosn firm; sales, 1.246; receipts. 2,65s: ship ments. s.5s7 stock. 1os,e7s. Quote: B. S4.60; D, S4.65; E, s4,76; F to H, s4.77ia I, s4sO; to NJ. s4.s5; N, s5.o5; VIC, S5.25; wv, S6.05
 RICE MARKET
 NEW ORLEANS. May 29.-Rough rice quiet; sales none: receipts none. Clean rice quiet; sales. $50 pockets Blue Rose al 3lAc. Receipts. 2.919 pockets. Bran and polish unchanged.
 OIL CITY REPORT
 OIL CITY, Pa., May 2s.-Credit bal ances. 1925. Runs, 65.054; average. 63,- 2Sl; shipments, 113.7oS: average. 6e.912.
The Birmingham age-herald., 1923-05-30
EoRuGN EXCHANGE

>ru-u YORK. May 99.-Foreign eN- change irregular. Quotations III oahies Great Britain. dernano, en tIs 4.s3 3-16; 6oday bills on bangs so ii ttoiv 4.7oG and 4.71t; Belgium on;sn S;s7h unil anp 9,ps IsnS se.ish and ss.16; Norway. is.S; sweden ssso Deqms,k sa crssas 1sas swit1sp scc Fer iana' a oogsih .: Czeoho -Slovakia. 2.esh; Ar rsntine. psnai s5.a5; Brazil. 1o.37; Montreal n 2S-32.
The Birmingham age-herald., 1923-05-30
CHICAGO STOCKS
IF preferre0.

CHICAGO, May 29-Armour prefeTIed' s,is Commonwealth Edison, 12sh Dia- ,nond Match, 112; Libby McNeill. 8A Middlewest Utilities. 46AG; National Leather 6A Standard Gas 2S+ Swiit Go'' io4; Swift International, 11si Union Carbide. 46A Western Knitting. 6h Yel- low Manufacturing, B. 265; Yellow IaAi' 93h.
The Birmingham age-herald., 1923-05-30
NEW YORK CURB

NEW YORK, May 29.-Foliowing is the official list of transactions on the New York Curb Exchange, giving ali stocks and bonds traded in:
 IndUstr trials
The Birmingham age-herald., 1923-05-30
rOrnON MONEY

roNDoN Nav 2s.-Bar silver 32d per ounce. Money. 1& per cent. Discount rates: Short bills 2h per cent; three- months bills, POP 1-16 per cent.
The Birmingham age-herald., 1923-05-30
BOND MARKET
UNITED STATES BONDS


 Readers should note that Liberty bonus are quoted in dollars and thirty seconds of dollars instead of dollars and cents. The fractions designated by giving the numerator only. Sales Gin Sl.OOO) High. Low. Close.
The Birmingham age-herald., 1923-05-30
METAL MARKET

NEW YORK. May 29.-Copper easier .lectrolytic, spot and futures. 1b916*o Tin firm, spot and nearby, s42.6 6o fu- lures, $42.12. Iron easy No. l northern, s29. 50 d s1; No. 3 northern. $2s % 80; No southern, s27. Lead steady; spot s726 a 7s7 Zinc easy. East St. Louis spot and nearby delivery, s6.309 096.4o. Antlmony' spot. $7.15.
The Birmingham age-herald., 1923-05-30
NEW YORK BONDS

NEW YORK, May 29.-Following are todays high. low and closing prices of bonds the New York Stock Exchange, and the total sales of each bond;
The Birmingham age-herald., 1923-05-30

NEW YORK. May 2s.-Raw silk steady. nrices per pound: Kansai double extra cracks. SEQ @eaO; Kansai best Nc !: l: Shinshu No 1. SS,75@s.s0: Canton extras A I4-1s. ss.7o@s.s6; Shanghai, China steam fil gold double deer, $e.76.
The Birmingham age-herald., 1923-05-30
NEW YORK STOCKS

NEW YORK, May 29.-Following are todays sales. high, low and closing prices of stocks listed on the New York Stock Exchange:
The Birmingham age-herald., 1923-05-30

NEW YORK, May 2s.-Midcontinental refiners have advanced the price of new navy gasoline iac a gallon, making the new price I2is cents for the 5s-5s grade and l3 cents for the 5s60 grade Prices on all grades were raised from F to ? cents a gallon last week, and additional increases expected.
The Birmingham age-herald., 1923-05-30
MONEY MARKET

NEW YORK. May 2sIcsll money none r,,I,rx ,,Tm 7 n,fn f sn per cent; closing bid 5 per cent Offered at 5A per cent; last loan. . per cent; call loans against acceptanees, ,er cent Time loans easier; mixed col }Peti }PstsraI so- 90 days, 5 per cent; four to SIX months. per cent. Prime commefeia'
The Birmingham age-herald., 1923-05-30
BAR SILVER
R AW SILK

NEW YORK. May 2s.-Foreisn bar sil- yer, 66Mc; Mexican dollars. 61c.
The Birmingham age-herald., 1923-05-30

NEW YORK. May 2s-The Foundation company reports s27.200.o00 unfinished business on its books, The company has closed contracts for construction of power houses in various parts of the country, in cluding one for the Kentucky Utilities company at Pinevile, Ky.
The Birmingham age-herald., 1923-05-30
FLAX SEED

DULUTH, Minn., May 2s,-Closing, flax May, s2.s4h; July S2.,4h; september
The Birmingham age-herald., 1923-05-30
LOCAL SECURITIES
RANK 9T0CK9
INSURANCE STOCKS

INSURANCE STOCKS Ala N. Life Ins. Co. (par 1o). 14 1S Protective Life Ins Co. (par 10) IS 26
 STATE AND. MUNICIPAL BONDS Alabama SRs, l9bb o3 cl Alabama As, 1956 ............ 94 97 Alabama AIS. 1es0-s6. 4.26 basis. City of Birmingham. 4.4006 basis. Jefferson County, 460@5 basis Jefferson County warrants bN @6A bash
The Birmingham age-herald., 1923-05-30

Total sales of bonds today were s1o,438- poo. compared with $l1442,oo0 previous day and holiday a year ago.
The Birmingham age-herald., 1923-05-30

GALVESTON, Tex, May 2s.-cotton ex- ported from Galveston during week end ing May 25 were 13.7o3 bales. Exports for the sea son to May 25 were 2,32s,135 bales a decrease of 7574f bales under shipments to the same date last year. Coastwise shipments in the week ending May 25 were 1925 bales.
The Birmingham age-herald., 1923-05-30

UNION, Mo, May 29.-Funds of the de- funct Night and Day bank of St. Louis teh failure of which caused loss of ap- proximately sl 1000 900 to depostors. were juggled" on orders of Arthur o. Memin- ger.
The Birmingham age-herald., 1923-05-30

NEW YORK, May 29.-Net earnings of the Maxwell Motor corporation in April, after all charges but before depreciation, were $1O37.o0o, or sl1. 900 in excess of the total net for the first three months of this year.
The Birmingham age-herald., 1923-05-30
Little Market Flashes

TOKYO, May 1o.-The National Cotton Stunning association has decided to re- duce the hours of female workers from IF 10 10 hours daily. The new hours will be- come effective in July. The action of the spirners was voluntary.
The Birmingham age-herald., 1923-05-30

NEW YORK, May 29.-Steel prices un. changed.
The Birmingham age-herald., 1923-05-30

ST. LOUIS. May 2s.-The net earnings of the Shell Union oil corporation for tho first quarter of 1923 announced here today at s3554,93s64. The announce ment was made by the Roxana Petroleum corporation. a subsidiary of the Shell Union.
, 1923-04-27

1T is hereby brought to public notice
that a balance OF interest amounting
: to FIRES $4,000 will be on hand for
distribution ON the 26lb day of May 1928,
from their Majestic, King Christian the
Ninth and QUEEN LcuiSe's Golden Wed
ding Memorial Fund for the benci, Of
worthy INDECENT persons in 81. CraiX.
Applications, containing the requisite
information and duly certified, must be
for warded 20 the undersigned within the
18th day of May 1923.
Despatching Spcretarv's Office, St.
Croix, Virgin Islands, "a April 1928.
c. E. RAPPOLEE,
D3Spatchjag Secretary.
, 1923-04-27
AGRICULTURAL CREDIT.

For some time past a certain amount
of criticism has been directed against
Canadian banks in connection with the
extension of credit TO farmers. Consid-
ering this fact, and the current discus
sion at Ottawa relative to the revision
of the Bank Act, the provisions of recent
legislation in Washington directed to the
amelioration Of the existing status of
AGRICULTURAL credit in the United States
NAV be interesting. The problem of
financing agriculture in Canada is basil
cally the same as in the United States
and it may we'll be asked if any of the
provisions previously existing, or recent
" enacted, might wi h advantage he
a lopted in Canada. To understand the
povisions of recent legislation we can
d no better than quote from the Litera-
~ Digest of March 17th.-
The law provides for a system of
twelve Federal Intermediate Credit
Banks. The Government puts up $780,
900. 600 for capital. $5,0 600. 900 for each
bank. These banks will take for redis-
count farmers notes presented by banks
and by farmers cooperative ~assCcia-
tons: that is they will actually furnish
the cash for farmers borrowings for
longer terms than the ordinary three
months loans and for shorter terms than
the regular farm mortgage To raise
money for the loans beyond the extent
of their capital they must issue TAG free
bonds 10 to $500, QUO, 600. These banks
will be managed by the Farm Loan
Board. and members of the Board are
said to believe that the new institutions
will be called on for extending credit
principally in the corn belt States. II at
i the part of the law which the Eastern
newspapers pretty generally object to,
as putting the Government into the
banking business.
Inc other part of the Law Senator
Capper's plan-provides for what are
caIird National Agricultural Credit Cor
1850 "a h. NINA rod hV the control
, 1923-04-27

Ter OF the Currency. Inc name sounds
formidable, bat it simply means that any
group of farmers. or business men, or
bankers, who can raise a minimum of
$3.50. 900 for each blnk, may set up on
establishment to make intermediate
loans" like those made by the other
banks just described, on agricultural and
live stock paper. Tn = can raise more
money by floating tn. '9banture bonds,
which are not to be ia. free. In a gen.
eraI way these i%nstituL. ms will Go the
larg3Scale loan business, and there is a
provision for privately capitalized rediS-
colnt corporations which may stand back
of the smaller ones.
The House members of the Conference
Committee. realizing that the law was
rather complicated, tried to explain their
intention as follows:
While the two systems will furnish
relief to the agricultural interests of the
country, the Federal inter mediate credit
banks will more particularly take care
of the needs of a certain class. and might
come nearer than do the national agri-
cultural credit corporations in taking
care of the entire needs of the general
AGRICULTURAL public, the national agricuI-
tdral credit corporations will make GER
tain the caring for, in a national way,
of the live stock and cooperative ma
keting requirements"
The law also provides for the c~ontinu-
ance of the War Finance Cooperation
null April, 1924, and for certain changes
in the Federal Reserve and the Ian
Bank regulations to make things easier
for agricultural b1rrO WerS'.
1t would seem that the provisions Of
the law aim only to provide addition i
facilities to cope with the possible in
ability of existing banks to supply the
required credit. There seems to be no
intention to provide credit on more en-
tended terms than Canadian banks have
always been willing - do. 1t is perhaps
pertinent to point out again that the
situation in Western Canada, where the
principal de nand for agricultural credit
ari Ses, is not the same as that which
existed in the Western States up to the
time of the inauguration OF the Federal
Reserve systen n. Except by re-b)rroW-
ing it is obvious thar local hanks cannO
loan more than a certain proportion of
their deposits The situation in Canada
is quite different. 1t is we'll known that
advances in agricultural communities in
Western Canada have always largely
exceeded total deposits in such districts.
We feel safe in saying that the existing