davidaulloa/AmericanStories huggingface dataset:
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-06-14
so Aie71iStS To Aid
Leopold And Loeb
In Fight For Lives
Murderers Of Franks to Be
Placed On Trial in Chi
cago August A

CHICAGO, June 14-Every pos
sible mental disorder which might
be urged in their defense, is to
be sought by probably fifty alien
lists who will examine Nathan Leo
pold, Jr., ana Richard Loeb, mil
lionaire youths and confessed Kid
.napers AMI slayers Ct Robert
Franks, 13-year-old scohol boy, ao
torneys for the defense rave indl-
Gated.
Dir. Karl NJ. Bowman, of the
Boston Psychopathic hospital, and
DR.. H. S. Hurlburt, Of Oak Park,
Ills, already have visited the
youths now in jail.
The examinations of these two
alienists are to be the basis of de-
Tense at the trial which is set for
August 4th, counsel for the two
defendants announct.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-06-14
Solicitor JuIe FELTON, Asks for Reelection
HARRIS THROWS HIS HAT IN RING
REX RAY ESCAPES
FROM BANDIT BAND

PEKING, June 14.-Rex Ray,
American, captured by river pi-
rates in Kwangsi province late
last month, has escaped from
the mountain stronghold where
he was taken, according to adj
vices received today from the
commander Of the American
gunboat 'Pampanga,' sent to
Wuchow in connection with the
capture of Ray and others.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-06-14
WEIGHED LEAVES FOR
BOSTON TO MAKE HOME.

ATLANTA, June l4.-Homer
Welchel, retiring Georgia Tech
track team captain, and winner Of
the iaveln throw in the recent
Olympic triaIs in the southeast has
departed for Boston where he viii
enter the national final trials. Mr..
Welchel is from Ashburn, Ga.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-06-14
Now on The Market
FIRE DOES LITTLE RAMAGE

A fire alarm called the depart
ment 10 the home of C. I. Law on
Forsyth street this morning. The
damage. however,' was SMALL, be-
inp confined to flu burning it,
self out. A falst alarm during FRI
dav night called the department 70
the Seaboard shops, but there was
no blaze there'
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-06-14
WEATHER

For Georgia = Partly cloudy to-
night and Sunday; probably scat
tered thundershowers.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-06-14
New York Futures

Pc. Open High Low Close
Jan. ..25.15I25.18l25.2 9I24.85I24.88
Mar. '25.32I25. 1925. 20I24.96I25
July .29.07I28.85I 10. OF I2S.75I28.87
Oct. -.26.13I26.0Ol26.0 8I25.90I25.85
Dec. .25.88I25.3OI25 .36I25.13I25.O0
The Birmingham age-herald., 1924-09-05
WALL STREET BRIEFS

August traffic on the western rail- roads showed a sharp expansion, due to the heavy movement of grain, ac- cording to the first reports which have reached Wall street. The volume of traffic on the Atchison,. Topeka and Sante Fe system in August was the largest for that month in the roads hiss tory, with a total of ITO, All revenue cars handled. The Rock Island han dled 152, ,256 cars, the best monthly load ing record since October, 1923. Reve- nue cars loaded by the St. Paul railroad totaled 160, ,196, also the largest monthly showing since last March, and the Mis- erating and traffic records during the month. -
 An increase in the volume of railroad equipment buying is shown by several large orders and inquiries not in the market. Following the Pennsylvania railroads purchase of 10000 boxcars, the Reading company has entered the market for 1000 steel boxcars and 1000 steel gondolas. The Missouri Pacific railroad has inquiries for 50 large loco motives and the Chesapeake and Ohio Is asking for bids on repairs to 25 engines.
 The street began to angle for fore casts on the probable showing to be made by the steel corporation next week in regard to its untitled tonnage on hand. The best that could be learned indicated a stand off in which slight change in the orders was expected to be revealed. Not only were the recent optimistic remarks of Ebert H. Gary in mind, but in, the appearance of new orders for railroad equipment was there, added another plank to the constructive platform for future stock market con- sideratiou.
The Birmingham age-herald., 1924-09-05
STOCK LETTERS

NEW YORK, Sept. 4.-The passing of dividend by American Wooien was the outstanding news development Of the day and resulted in a decline in this issue of about 13 points from the early morning price level. This drastic action on the part of the directors was quite unexpected and Is attributed to the severe depression which prevails at the present time in the textile indus try. With the exception of Nickel Plate issues and one or two other stocks, almost the entire list displayed a reactioHAry trend during most of the day, The only bright spot was the fact that selling pressure was comparatively light. For the most part general lines of resistance held pretty we'll above the low prices touched on the preceding de- cline, and as a result great many ob- servers expressed the view that as long as prices were ables to hold above last weeks lows on early resumption of the main advance might reasonably be ex- pected.-Fenner 6 Beane to Kahn & Virgin. Fs
The Birmingham age-herald., 1924-09-05
SALES INCREASE
 AS PRICES DROP
 IN STOCK MART
Omission Of Dividend By American WOOlen Is
 Event Of Day
By EDWARD J. CONDLoN

Nby Leased W Ire 10 ASe-h
 NEW YORK, Sept. 4.-Selling opera tions were conducted on a larger scale Thursday than on any day this week, thus refuting the argument that prices were due for a sustained advance inn mediately after Labor Day with the first flush of fall trade. The biggest statement made about trade was one which brought a -paleness to the cheek rather than the ruddy glow of enthu- siasm. This statement was very short. It related the passing of the quarterly dividend of 1% per cent due at this time by American Woolen. The direc- tors in emitting the dividend-called at tention to the severe depression in the textile business.
 The stock broke 13 points net and about IT points from Wednesdays peak. Quite early in the day it became evil dent that many industrials, were slow of the woolen directors. The declara- tion of the regular preferred dividend of 1A per cent avs some balm, but this had been generally expected. The lead ing industrial stocks averaged IA points lower for the day as against a decline of approximately 2-3 of a point for the rails.
 Trio Of Rails Rise
 A trio of rail issues came into special prominence, VIZ, Nlckel Rlates Wh1cn responded to an analysis by Dow, Jones & Co.,. that the stock is worth $144 a share with the new shares selling at 76, Norfolk and Western, reflecting expec- tations of a 10 per cent stock dividend, and Delaware, Lackawanna and West ern on reports that that road may ulti- mately be included in the greater Nickel Plate system.
 The largest piece of railroad financ- ing of the week, and, incidentally, the second piece of foreign financing since the London conference, is an issue of $26, 100000 Canadian National railways 30-year Az per cent bonds, guaranteed both as to principal and interest by the Dominion government. Early in the summer $20,000,000 3-year notes of the road were sold. Together with $9,OO,- % equipment trust certificates.
 Money Is Easier
 Although the ruling rate for call money was again 2 per cent. as the ad- vance to 2h came late in the day. This fact seemed to bring little encourage ment to the stock market, as the the de- cline was even greater than Tuesday when the 8 per cent level was reached for the first time in seven. weeks. In- deed. the easing in money did not pre- vent lower prices in the commodity mar
The Birmingham age-herald., 1924-09-05
GRAIN LETTERS

CHICAGO, Sept. 4.-wheat: Trade moderate and principally local, causing irregularity and giving the market an uncertain trend. Export buying was less in evidence, which was not sur prising in viey of the large purchases yesterday and the day before. The buying of the past few days has not been impressive, speculative interest has temporarily vanished and the main support apparently has been in the way of removing hedges against export sales. This demand has been satisfied by fresh hedges against country pur- chases, which are certain to continue in liberal volume, while foreign buying is most uncertain-here today and gone tomrrow. The immediate market is merchandising affair pure and simple and will remain such until something occurs to revive speculative interest. The corn market was very much two sided affair today, while oats showed independent strength most of the ses- sion based on reports of damage to the Canadian crop. The weather map holds the attention of corn traders at pres ent and will continue to do so until the bulk of the crop is out of frost danger. John F. Clark & Co.
The Birmingham age-herald., 1924-09-05

means of increasing profits is to reduce costs. Since 6$ per cent of costs of operation go as wages and T per cent for taxes, theefficiency of management is very important factor in determin- ing net earnings. The present high levels of earnings can, therefore, be largely credited to improved manage ment.
 Looking to the final six months, the general expectation is that earnings will exceed those of the first six. From now until October the normal seasonal trend is upward. A general improve ment in business as indicated by signifi- cant barometers may augment this ten dency. Along with heavy movements of grain and farm products, there promises to be a sharp increase in coal movements. Already there are evil dences that the influence of these situa- tions is operating to increase freight traffic. recent wook witnessed the loading of the largest number of cars with revenue freight for any week this year.
The Birmingham age-herald., 1924-09-05

MET railroad earnings during the IN first half of 1924 were $54,0o0, 1884
 less than the same period last year. This reduction, euivalent to BPS per cent, Is decidedly misleading unless quickly connected with the fact that the first half of 1923 was the most pros porous period in American railroad his- tory. Adding the consideration that general business activity has been at a slower pace and particularly that ship ments of soft coal, which is the largest single item of traffic for most roads, have been much below a year ago, the showing is not unfavorable. Compared, for instance, with, earnings for the same period of 1922, which were considerably above the average for the previous IS years. an increase of over $66,000, 900 is shown.
 Earnings for railroads depend on vol ume of traffic, traffic rates and costs of operation. The first two of these being largely beyond control, the only
The Birmingham age-herald., 1924-09-05
1RnN rRAnE REVIEW

CLEVELAND, Ohio, Sept. 4.-Ths Iron Trade Review today says:
 August turned the iron and steel mar ket toward better activity after five months of declining tonnage and while the improvement has not been large, it has been substantial. This latter de- scription still fits the week-to-week con- ditton. Manufacturing needs have ex- banded in various directions and stili are growing though not in a uniform way. New construction has held up well. Railroad demands now are being put forward in an impressive way. Pig iron prices appear to have become bet ter stabilized than those in steel and the fluctuations of the latter are im- polling buyers to move with caution where future needs are involved.
 A four months decline in pig iron production was checked in August. This was accomplished entirely by the re- newed activities of steelworks furnaces. This group showed a gain of 0,105 tons over August, while merchant stocks were losing 25,066 tons additional To. tai production in August was 1.S74,92O tons, against 1.7S3.457 tons in July, gain of 91 ,463 tonsI A gain of five was recorded in the list of furnaces active at the end of August, the total being 15o.
 A narrowed margin of change con tinues to mark Iron Trade Reviews weekly composite of fourteen leading iron and steel products. At $39.2S this week the index Is the lowest since Au- gust, 1922 and compares with $39.S5 last week and $44.68 one year ago.
 No brancre branche of the market holds forth such promise of increased tonnage as that of the railroads. The list of pending inquiries for freight cars has been raised to over 17,00O, not in cluding a 5000 lot which the Santa Fe is reported to be considering. The Chesapeake and Ohio this week ordered 1887 gondola car bodies. Locomotive inquiries are heavier. Steel rail busi- ness is looming up in a big way and producers express themselves as be- lieving from 2,0OO,OOo to 2,5O0,000 tons for fall and 1925 delivery will be placed within 60 days.
 Steel requirements of the automobile and parts manufacturers are increas- ing and the mills are receivings heavier specifications from this source. The Buick and Studebaker companies have placed some good-sized orders and the Ford Motor company is in the market for a round tonnage covering its needs for the next 30 days.
 The leading interest will furnish the bulk of an order for 30,O00 to S5,000 tons of galvanized sheets placed by the Argentine government. An eastern in- dependent will fill a portion of this order. The Texas company is reported to have closed on an inquiry for 100000 boxes of tin plate.
 Gain of strength by the pig iron mar ket is still slow but it is perceptible.
 The dull market on lake ore is lead ing to the offering of some lots at sacrifice of prices. At Pittsburg sales of over 100000 tons recently have been made at 60 cents per ton under the com mon schedule.
The Birmingham age-herald., 1924-09-05
VEGETABLEs

CHICAGO, Sept. 4.--Sweet potatoes, North Carolina barrels, $6.00@6.25; Ala bama hampers $2.O0@225; Tennessee hampers, Nancy Hall, $20OQ24O.
 Watermelons, Missouri Irish Grays, bulk per car, 21 to 24-pound averages, $2.50@3.50; 26 to 2S-pound averages, $3@ SITS.
 Peppers, Tennessee hampers, $1.
 Grapes, Arkansas, fise-pound basket, S5@4Oc.
The Birmingham age-herald., 1924-09-05

lambs strong to 25c higher; sorting light; bulk desirable natives, $13.00@ 1850; culls mostly $9.00@9.50: no prime lambs offered; sheep strong: feeding morrow, bringing the new base to $7.60 for cane and $7.40 for beet, it was an- nounced here today by the refining companies.
The Birmingham age-herald., 1924-09-05
MARKETS AT A GLANCE

NEW YORK. Sept. 4.-Stochs irregu- lar; American Woolen breaks F points on dividend omission. Bonds mixed;
 western rail issues firm. Foreign ex- change unsettled; sterling and francs reactionary. Cotton lower; cooler weather southwest. Sugar firm; Cuban and trade buying. Coffee higher; firm CT Brazilian markets.
The Birmingham age-herald., 1924-09-05
RICE MARKET

NEW ORLEANS, Sept. 4.-Clean rice strong; sales, 1,79S Honduras, 6A@6Ssc; 9s Japan, 57-16c; 977 Blue Rose, 6A o 6%c; 7s6 Carolina, 6@6Ac; 276 early pro- life, Sc; 1,347 Edith, 5% Q6%c; 407 sec ond heads, 4ssQ4kc; 241 screenings,3S Q31c. Rough rice fair; receipts, 5,424; miilers' receipts, 4,664.
The Birmingham age-herald., 1924-09-05

kets, grains declining fractionally on liquidation and cotton moving off due to the unsettled state of mind that ex- ists over the actual condition of the crop. The private condition reports have differed greatly and 1t has become quite evident that some cotton houses are far wrong in their calculations. The government's report Is due at noon Monday and will indicate the yield as of September 1.
The Birmingham age-herald., 1924-09-05

summary of the American Petroleum institute. The daily average produc- tion east of the Rocky mountains was 1,415, ,O00 barrels, a decrease of $500. California production was 615,200 bar rels, an increase of 1,500. /
The Birmingham age-herald., 1924-09-05

I had talks in Europe with such well known men as Owen D, Young, now often referred to as "the boss of Europe;" Secretary Mellon, who in his own quiet way, learned all that was going. on below the surface; Thom- IS w. Lamont, who has become the foremost partner of J. P. Morgan and company, and one who Is taking an
The Birmingham age-herald., 1924-09-05
COTTON LETTER

NEW YORK, Sept. 4.-The market has been quiet, with somewhat better tone today as many prominent firms in the south are beginning to reduce their ideas as to the yield. Lack of pressure in hedges and the improvement in the basis in Texas reflects the demand for spot cotton to fill commitments made during the summer and so far this de- mand has been sufficient to take care of the daily movement. Generally speaking, the trade here continues to believe in large crops, although there are some who feel that if so iAany prominent southern firms are reducing their estimates that the government will reflect these opinions in their re- port on Monday. In other words, the private reports which have been issued have been made up as of August 24 or 25 and it is felt that between that date and September 1, the date on which the government report is made up, the crop showed material deterioration and that this will be reflected to a certain extent in the next government report. In short, people are beginning to ques- tion whether this report will be as big as 1t is thought would be the case. Liv- erpool futures are due tomorrow, Oc- tober, 2s.ssd; December, 13.69d.-Hub- bard Bros. G Co.
 NEW ORLEANS, Sept. 4.-The cotton market continued it's hesitation in the early trading Thursday. The trade is very much confused. Crop estimates and favorable and unfavorable reports have been at such a wida variance in the first ten days that nobody seems willing to take definite stand on the market, the situation has been compli- cated by some good authorities taking direct issue with the government on the acreage estimate. One house. fixes the probable planted this season at around two million acres under the gov ernment. Crop estimates range from around 1l,7O0 ,O0O bales to 1s, 300 OOO bales. The government is supposed to be around 100000 bales on it's acreage figures, while some very reliable spot houses are making the crop under 12,- 000, ,000 bales. There is complaint around the floor Nhat the census crop reports every two weeks has choked business. Liverpool was a shade worse than due with spot sales 5000 bales, of which 4,200 were American. The master spin ners report they will continue on half time another month and prospects for early revival of trade are not as bright as expected earlier. The map showed no rains over the belt and the outlook is for generally fair weather, the tropi- cal storm is supp6sed to have moved out to sea definitely. Domestic cotton goods markets remain quiet with prices barely steady. Sterling was down al- most two points with no news to explain the decline. Market will work higher before report Monday Levy & Aron- son to S. R. Stewart.
 NEW ORLEANS, Sept. 4.-Market ruled dull but steady and within a mar row range today. Except for want of more rain in western belt, weather con-
The Birmingham age-herald., 1924-09-05

NEW YORK, Sept. 1.-The daily average gross crude oil production of the United States decreased 1000 barrels for the week ended August 30, totalling 2,630,7 700 barrels, according to the weekly
The Birmingham age-herald., 1924-09-05

HORSES AND MULES EAST ST. LOUIS, Sept. 4.-Horses and mules steady. Quotations un- changed.
The Birmingham age-herald., 1924-09-05
EUROPE E READY
 TO END SIX YEARS REORGANIZATION
Nations Anxious To Get Things Going, Forbes
 Discovers
Bx R. q. FORBES

The leading Europen nations are at last in earnest about ending the six years of Reorganization which have fol- lowed the war.
The Birmingham age-herald., 1924-09-05
LIVESTOCK

EAST ST. LOUIS, Ill.,, Sept. 4.-Hogs: Receipts, 14.O0o, steady; closed strong; top, $10.10; bulk good and choice offer ings, 1s0 pounds and up, $s.90@10; light lights and pigs, strong to 25c higher; bulk TAO to 160 pounds, $8.50@950; good 120 to 130-pound pigs, $s.0o@S.25; packer sows, $8.25.
 Cattle: Receipts, 2,5O0; native beef steers, strong to 15c higher; long yearl- ings, $11; western steers strong at $6.40 @6.S5; beef cows and canners, strong; cows. s425@5.5o;- canners. $2.5o@275; bologna bulls steady; bulk $3.75@4.25; top light vealers, SIP; bulk, $11.25@11.50.
 Sheep: Receipts, 2,500; fat lambs, 25 to soc higher; bulk, $130o@1s.5o; culls, mostly $7; sheep slow; unchanged; bulk light killing ewes, $5; good breeding ewes scarce; few $S.
 KANSAS CITY, Sept. 4.-Cattle: Re- ceipts, 700; calves, 2,000; fed steers and yearlings and she stock strong to 15c higher; bulk steers, $S.25@1050; grass steers. steady; bulk, s5.5o@75o; grass cows, $3.50@475; caners and cutters mostly $2.50@3.35; bulls and veals steady; bolognas $3.5o@4.00; practical top veals $10; stockers and feeders slow and steady; bulk $475@6.75; stock cows and heifers steady; bulk $2.75@ O.zoI StOCk CdlNcs uuii, pAACiy StCauy : bulk $500@7.00.
 Hogs: Receipts, 5000; shipper market around steady; bulk of sales $9.00@960; packers inactive, talking lower; packing sows, $8.35@S.50; stock pigs steady; mostly $6.75@7.25.
 Sheep: Receipts, 5000; lambs mostly Is to 25c higher; best range offerings, $13.35; others $13.15@13.30; top natives, SIS; other grades largely $1250Q12.75; sheep strong; lightweight ewes, $5.75.
 NASHVILLE, Tenn, Sept. 4.-Cattle: Receipts, 100, steady; heavy steers, $500 @6.50; beef steers, $4.50@5.50; heifers, $5.O0@5.5O; COWS, $8.50@4.5O; feeders, $4.5O@5.5O; stockers, $2.60@4.50.
 Hogs: Receipts, 1,200; light pigs, 25c lower; heavy hogs $10; medium hogs. $s.s5; light hogs $s50; pigs $6; throw outs $760 down.
 Sheep: Receipts 100; top lambs, $1 lower; choice fat lambs, $10@11; good fat lambs, S7.50@S00; cull lambs, $5Q6; sheep $100Q4.50.
 LOUISVILLE, Ky, Sept. 4.-Cat- tie: Receipts, 200, slow, steady; heavy steers, $7.50@S.0O; beef steers, $5.0007 50; heifers, $4.50@7.00; cows, $3.0005.50; !; feeders, $450@6.50; stockers, $3.00Q5.5
 Hogs: Receipts, 1,400, steady to 15c lower; 165 pounds up, $10.10; 120 pounds. $s50; pigs, $6; throwouts, $7.40 down.
 Sheep: Receipts.1 800, steady; top lambs, $12.00@12.50; choice, SIS.
The Birmingham age-herald., 1924-09-05

CINCINNATI, Sept. 4.-Hogs: Re- eeipts, -4oo, -Axeal; heavy. $10 .Q0@1 .25i
 packers and butchers, $10.30Q10.50; me- miud, $9.25; stags, $5.Oo@6.25; heavy fat
The Birmingham age-herald., 1924-09-05

sows, $s.oo@s.OO; pigs and lights, s5.oo@ 9.25.
 Cattle: Receipts, 1000; good and choice fat classes steady; common, slow unchanged. Calves strong and uneven ly, soc to $2 higher; $3.OO014.OO.
 Sheep: Receipts, 2,500; slow and steady. Lambs steady.
 CHICAGO, Sept. 4.-CattIe: Receipts, 13,000; trade on better grade steers and yearlings very active at strong to 25c higher prices; other grades steady to strong; clearance good; extreme top, $11.50 paid by shippers for Illinois fed long yearlings scaling 1,OS5 pounds; best matured steers, SIPS; Eve load string Indianas averaging 1,292 to 1,571 pounds at price; little to killers under $S.5O; bulk fed steers and yearlings, $9.50@11.00; grassy cows, 15 to 200 low CT; fed kind steady to weak yearlings and heifers higher in sympathy with yearling steer trade; other classes gen. orally steady; bulls closing weak; i; stocker and feeders slow; country men refusing to follow fat cattle advance; bulk vealers, $12.75@13.25 to packers outsiders upward to $14.00.
 Hogs: Receipts, 27,000; opened steady to strong, closing very slow mostly 10 to 15c lower; light lights and killing
 igs steady to 15c off; top, $10.25; bulk good and choice 16O to 325 pounds. pounds, $9.70910.15; desirable 140 to 150 pounds largely $8.5069.OO; bulk packing sows, S8.65@9.00; majority desirable strong weight slaughter pigs, $7250 7.75; estimated hold over, 17,O0O.
 Sheep: Receipts, 22,000; active; fat