davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-07-04

These figures constitute a strong an- strer to those who complain, that busi- .ess so, far this year has been both 0tiet and unprofitable. Apparently ' great many managements have been / ble, despite difficulties, to roll up { arninRs justifying more generous reAtment of their stockholders. A The detailed record for June follows NJ American Cyramid company, F per cent.
 Mountain Producers company, 2 per Reo Motor Car company, per cent. Upson company, per cent. -Utah-Idaho Sugar company, per cent.
 Pennok Oil company, 9 cents.
 American Gas and E. company, s.American Window Glass, per cent. eDevoe and Reyn. company, per, ,Tsland Greek Coal company, 1 per { cent. . Lawyers Title and Trust, per cent. National Licorice company, 21s per cent,
 Edmunds and J. Cor, 30 cents.
 Proctor and Gamble company, per Title Guarantee and T. O., 4 per cent. American Hardware Cor, 3 per cent. % Initial Dividends
 Lehigh and Wilkes-barre Coal O., 1st i'd, 1-16 per cent.
 Standard Gas and Electric Co. per cent, 1A per cent. Standard Plate Glass Corp, 70 cents. cd .9rT.. .tALY koe, eff (ynrn mid fttah Gas and Coke Go. part pfd., -1sk per cent.
 Continental Paper and Bag Mills, Corp. pr pfd., 1% per cent: =. Continental Paper and E. M. Corp. ! pfd.. .11a per cent. 115 per cent. ro Corn Products Co.,, new common, 90 cents.
 Back Dividends Lake Torpedo Boat Co. 1st pfd, ' Iocse-Wiles Bisc. Go. 2d pfd., S1s Lord and Taylor 2d pfd., IA per Mathieson Alkali Works pfd., 1A per Mccall Corp. 1st pfd., 1% per cent Canadian Car and Fdy Co. 1st pfd., t# per cent.
 utah Gas and Coke Co. 1st pfd., l 4 per cent.
 DeBeers Consolidated Mines, Ltd, 2n per cent.
 Sears, Roebuck and Co.,, 1h per cent. 5eg. Dividends Increased .sUnited Shoe Mfg. Co.,, old rate 90 cents; new rate 621a cents,
 Midwest Oil Go. par 100, old rate, - cents; new rate s cents. q Midwest Oil Co par $10, old rate, T5 cents new rate 80 cents.
 Can. Industrial Alcohol Co.,, old rate, .6 per cent; new rate, 10 per cent Stock Dividend
 Pennock Oil Co.,, 20 per cent. Special Dividend
 Ford Motor (employes), 3 per cent
 Interium Dividend Rand Mines Ltd. 60 per cent.
 Railroads
 Chicago, Indianapolis and Louisville railway, increased dividend from IS per cent to 2 per cent
 Central Railroad of New Jersey, spe- cial dividend, 2 per cent.
 Cincinnati, New Orleans and Texas Pacific railroad, extra dividend. 3h
 Eastern Texas Elec. Railway, in- creased dividend, from $9 to $1O.
 So you see that the United States is not going bankrupt.
The Birmingham age-herald., 1924-07-04

level on plates, shapes and bars at 2.15c, Pittsburg.
 Demand for ship steel has reappeared in considerable volume, due to the num- ber of suspended projects and the is- suance of inquiries for several new un- dertakings. Four ore freighters are be- ing bid by lake yards, requiring 10000 stons of steel. The Steel corporation will furnish 11,000 tons of material for two ocean-going vessels just awarded. Cable advices state the Standard oil company has placed two tankers with British yards.
 Building steel maintains it's activity, with new awards this week of 25,425 tons, distributed over 49 different jobs. New inquiry calls for 20,565 tons. Bids go in July IS on 25,000 tons for the approaches for the Delaware river bridge work for the East Indian rail- way.
 The reported award of 5000 freight cars for a Mexican railway to loco motive builder has aroused interest.
 Buying of pig iron has simmered down somewhat this week, but further de- veIopments show that the recent. sales were even in excess of previous estt- mate of 600,0o0 tons.
 Another drop in Iron Trade Review composite of IA leading iron and steel products brings the decline to its eight eenth consecutive week, with pig iron still the dropping factor. The figure this week is $40.13, compared with $40.37 last week and $43.53-the high point of the year-in February.
The Birmingham age-herald., 1924-07-04
LUST suppose for a moment that the
 automobile in dust ry suddenly

LUST suppose for a moment that the
 automobile n d u s ry suddenly V ceased to exist. What would happen to business generally?
 The fate of some of the nations more important industries can readily be imagined from the figures shown in the above chart. Iron and steel man. ufacturers would lose market for 10 per cent of their products. The de- mand for plate glass would suffer similarly. Rubber. manufacturing plants would have scarcely any de- mand for their goods. Other indus tries-such as aluminium, paint, var nish and upholstery-would be vitally affected.
 To go further than the chart. over 45,OO0 dealers in motor vehicles, 50,915 garage owners and all their employees i; thousands who are employed in indus tries indirectly affected-such as the
The Birmingham age-herald., 1924-07-04

petroleum industry-would have to turn elsewhere for living.
 A tremendous gap would be left in our economic life. For the automo- bile industry is today one of the na- tion's most stalwart commercial bull warks. It largely supported 1923 pros perity.
 The illustration of what would hap pen if the automobile should suddenly fade out of existence is most significant an indication of the inter-dependence of our big industries. If one industry suffers, the rest suffer with it. Real national prosperity depends upon the ability of all industries to share pro- portionately.
 As another example, witness the rail- roads, which in 1923 took 2S per cent of the soft coal output, 20, per cent of the fuel and oil and 15 per cent of all forest products.
The Birmingham age-herald., 1924-07-04

During the six months the favorable action taken the most often by corpo- ration directions has consisted of the payment of extra dividends. More than a hundred non-railroad companies have paid extra dividends, while seven railroads figured in the list.
 Increased dividends have been paid by 55 industrial and eight railroad concerns.
 No fewer than A industrial compa- nies have announced their first dlvi- dend distributions to stockholders; also five railroads. The compilation made for this column shows the following:
 -l-- .l. Ilnslnnndr
The Birmingham age-herald., 1924-07-04

tory ever matched this record.
 The many, many millions of extra dellars thus dis tr4buted a mon 2 hundreds of thou sands of stockhold- CTS, supplementing the other millions saved for citizens by the '25 per cent reduction in in- come tax pay ments, should mean very substantial .in- orooSa in tho TNuh-
The Birmingham age-herald., 1924-07-04
POTATO MARKET

about steady. Receipts, 63 cars; total United. States shipments SIT cars. :, Alabama, Oklahoma and Arkansas sacked Bliss Triumphs, $2.1592.35; Kan sas sacked early Ohios, $2,35@245; sacked Irish cobblers, $2.8062.45; North Carolina (barreD cobblers, $3.75@4; few at S4l5; Virginia (barreD cobblers. s4.25
 84.s6 p
The Birmingham age-herald., 1924-07-04
FoREIaN ExcHANara

NEW YORK, July s.--Foreign ex. changes, irregular; quotations in rents Great Britain, demand, $z.s2zs;. cables, e4.3SM; 60-day bills on banks, S4.30sS France. demand, 5.11; cables, S.l2; Ger many (per trillion1, .2SN; Spain, de- naand, 1914; Tokyo, demand, a: Montreal, es 31-32.
The Birmingham age-herald., 1924-07-04
roULrnY ANp pRopUCE

POULTRY AND PRODUCE
 CHICAGO, July e,-Buttar higher; creamery extras 30 standards. sec; eggs lower; receipts ts.s4s cases; firsts. 240 2<kc; ordinary firsts. 2sh @2sc; firsts, CHICAGO. July s.--Poultry, alive. lower; fowls. 1s@21hc; broilers. 2s0 s8c; roostcrs, 1zc.
 ST. LOUIS. July s.-Poultry. butter, eggs unchanged.
 NEW YORK, July 3.--Butter firm, re- ceipts, 14,764; creamery higher than ex- tras, z2@42hc; creamery, extras, e2 score, 42hc; do firsts. ss to s1 score, 3s@41c.
 EEgs easy; receipts. s201o; fresh gath cred, extra firsts storage packed, 2sh @2sc.
The Birmingham age-herald., 1924-07-04
4 CONCERNS BOOST DIVIDENDS.
Hast Half Year Surpasses All Others In Ameri-
 can History

 By R. c. TORRES

No fewer than 300 industrial and p railroad companies have improved their dividend payments to stockhold- CTS during the six months just ended.
 No other half year in America's hisl
The Birmingham age-herald., 1924-07-04

l4c.S Duyink power, AaSI "O.HA phasizing when pessimists start whin- ing over the outlook.
 The eshower of dividend and interest checks which has fallen upon American security holders this week, representing July I disbursements, has rarely if ever been exceeded at mid-year, although January 1 payments sometimes are more numerous.
 q, The, second quarter has not quite maintained the dividend showing of the first quarter, in the industrial world. but the railroads have done distinctly better: than they did in the first three months of the year.
 Here is the monthly record of fa- vorable dividend action, meaning some form of improved dividend action, talk er by Industrial and railroad cornpa-
The Birmingham age-herald., 1924-07-04

VEGETABLES CHICAGO, July S.-Strawberries, 16- quart crates, $1.16@1.40, Lettuce, Iceberg, crates, $3@3.5O. Cucumbers, white spines, hampers, S1,75@2; bushel baskets, 75cQ$1.
The Birmingham age-herald., 1924-07-04
Markefs At 4 Glance

NEW YORK, July e--stocks, trregti- lar. Bonds, unsettled. Foreign sex- changes, easier. Cotton, lower. Sugar, steady. Coffee, strong.
The Birmingham age-herald., 1924-07-04

STEEL MARKET NEW YORK, July 3.--Steel prices were unchanged.
The Birmingham age-herald., 1924-07-04
xnNnnN .fnNEY

LONDON MONEY LONDON, July 3.-Bar silver, Sa T-le pence per ounce; money, 1M per cent; discount rates, short bills. 3@sK per cent; three-months bills, J3ss 03 7-16 per cent
The Birmingham age-herald., 1924-07-04

CHICAGO, July 3.-wheat, easy Corn, weak. Cattle, higher. Hogs, ac- tive and higher. I
The Birmingham age-herald., 1924-06-25
COTTON CLOSES
 FEW POINTS UP Evening Up Of July Con- tracts Chief Feature
 Of Market

NEW YORK, June 24.-Evening up of July contracts in preparation for possible notices tomorrow was the chief trading feature in. the cotton market today. July advanced from 28.11c to 2S.55c and closed at assoc. The gen. eral market closed steady at net ad- vances of 2 to 21 points.
 The opening was 9 points lower on September but generally unchanged to one point higher in sympathy with re- latively steady cables. Prices eased a few points after the call on continued favorable crop and weather news, but the market soon rallied on covering by July shorts. Part of this was against selling of October.
 New crop months was in sympathy of the July strength, October advancing to 25.56c or 31 points net higher, but as soon as the near months showed signs of easing later deliveries soon re- acted. Three private crop reports were issued, two of them placing the condition at 6S, while these figures were interpreted as pointing to yield of about 11,200,000 bales. Port re- ceipts 7,766; U. s. Port receipts 322,604. Exports 6,722, making 5,520,000 so far this season.
 NEW YORK COTTON
 NEW YORK, June 24.-Following today opening. high. low and closing quotations on the New York Cotton EIchange:
The Birmingham age-herald., 1924-06-25
MIscELLANEous OILS
SHIP NEWS OF
 MOBILE PORT

MOBILE, Ala, June 24.-(Special Leased Wire.)-Exceptional summer ac- tivity was noted on the waterfront yes- terday with the arrival of six vessels, including a schooner and the departure of one sailing vessel. A seventh steamer was reported as entering the lower bay late yesterday. Two of the vessels up were with cargo and the others came in to load.
 Schooner circles also reported an in crease in business, and the chartering of two schooners for lumber to Cuba was announced. One of these arrived to load here and the other will proceed to Moss Point to lift a cargo.
 BThe British steamer Ninian arrived to the Mobile Liners from Barrow with about 600 tons of cotton ties and will load out for Liverpool and Man chester at the city wharf, completing at New Orleans and Houston. A sec ond vessel to the Mobile Liners was the American freighter Lena Luckenbach, from Port St. Joe, with about 500 tons of transit cargo to the Pacific coast. The Lena, at Pier 2, will load here for the Pacific coast and will complete at New Orleans, sailing from Mobile June zS.
 Steel Worker (Norton, Lilly & Col arrived and entered from Baltimore in ballast and will load here for the Far East, sailing via Galveston and New Orleans, either Saturday or Monday. The Steel Worker is at Pier 8. The British steamer Freshwater (same agents) was reported as entering the lower bay late in the afternoon, and on her arrival here late last night went into the L. & N. wharf, where she will load for Oran and Algiers, sailing about the middle of next week. The American steamer Sucarseco CTransmarine cor poration) arrived in ballast from Port Arthur and went to the city wharf to load out for Port Newark, sailing via Pensacola.
 The Norwegian steamer Lysefjord United Fruit company arrived from Belize with 20,S00 stems of bahamas from Livingston, Barrios and Belize and docked at Pier 1, below the Hon duras.
 The American schooner Golden Rod (Whitney Bodden Shipping company arrived in ballast from Port Au Prince and will load for Havana after com
The Birmingham age-herald., 1924-06-25
PRICES ON CURB RISE AND FALL End Of Session Sees No Noteworthy Gains,
 However

NEW YORK, June 24.-Sharp ad- vances and declines in the industrial shares without noteworthy gains at the close of trading, and weakness in the oils, featured the curb market to- day.
 Grand Stores stood out with a gain of more than five points, rehecting re- cent reports of increased sales by chain stores, National Tea, which has ad- vanced with regularity lost 3 points on small liens. New York Transit also scored a drop of about five points on small turnover.
 Public utility shares were dealt in actively, several losing ground in early trading, but recovered toward the close with only four actional changes.
 Northern Pipe, South, Pennsylvania Oil and Gas laid resistance to selling pressure, ending the day with losses of from to points. Other issues closed four actionally lower.
The Birmingham age-herald., 1924-06-25
STOCKS RESUME z UPWARD TREND Trading Restricted As Professionals Await
 Developments

NEW YORK, June 24. - Stock prices resumed their movement to high ef ground in today's market despite sporadic profit taking and short sell ing in various sections of the list. Trading again was in relatively small volume due to the desire of many pro- fessional traders to await developments at the democratic national convention before extending their commitments.
 One of tAe outstanding features of the session was the further accurhula- tion of the Erie, Nickel Plate and Chesapeake and Ohio issues, most Of which touched new 1924 highs on buy ing undoubtedly based on a revival Of rumors that the Van Sweringens were seeking control of Erie with the idea eventually of bringing that road and Pere Marquette into great lO,OOO mile railroad system. Erie common crossed 20 to its best price since 1917; Chesapeake and Ohio closed 2h points higher at S2A and Nickel Plate to 91 and then eased off S9A up 4 on the day.
 Reports of improved traffic condi- tions in the northwest also brought good buying into Great Northern pre- ferred which established new peak at 613s. Northern, Pacific, New York, On tario and Western, Canadian Pacific, Katy preferred, Norfolk and Vest ern, Missouri Pacific preferred, Peoria and Eastern and St. Louis Southwest ern preferred, all closed point or so higher.
 Bethlehem Steel was singled out for an attack on rumors questioning the safety of the $5 dividend, being ham, n1ered down to a new low for the year at 45. Other steels held relatively firm, United States Steel common clos ing 5s higher at 96N, Cuyamel Fruit broke more than three points to new bottom price of 52% on reports of de- creased earning but snapped back to 535s at the close. Schulte slumped 5 points on official announcement that negotiations for it's merger with the United Cigar Stores were definitely off.
 Resumption of dividends on Sears Roebock after three year intervale brought fresh buying into that stock and sent it up more than three points to 90N, but it eased off to 89ss at the close. Atlantic Refining recovered one point of yesterdays 915 point break. Montana Power and the Brook lyn-Manhattan Transit issues again moved to new high ground and good buying also was noted in Colorado Fuel, Montgomery Ward and Central Leather preferred.
 Call money held unchanged at 2 per cent. Time money rates were unchang- ed with plenty of funds offered at 3 per cent, up to 90 days. The bulk of prime commercial paper moved at S%.
 Foreign exchanges were slightly re- actionary. Demand sterling fell about half cent to $4.32 and French francs ruled about points lower around 6.27 cents. Other changes were pure ly nominal. a
 Gfnok xna rLaf ovaroO0as
The Birmingham age-herald., 1924-06-25
ACTIVITY OF ERIE
 IS BOND FEATURE
Prices In Other Sections Of List Resume Up-
 ward Movement

NEW YORK. June 24.-Bond prices today's tracing sess.on, which was fee- tured by sharp rallies in all the Fries railroad bonds.
 Reports that the Van Sweringen in terests, through stock purchases, had acquired control of the road and even tually would consolidate it along with the Chesapeake and Ohio into a man. moth Nickel Plate" system. brought a wave of buying orders for the Erie liens. The convertible issues achieved the years highest levels, with the gen. eral and prior liens fours moving up briskly. Series D. of the convertible fours led the list with a four-point gain, but later reacted slightly on prof it taking.
 Activity of the Erie mortgages over- shadowed trading in other railroad bonds. Both Nickel Plate and Chese- peake and Ohio liens enjoyed large turnovers, although price changes were not pronounced. A good demand car ried Missouri Pacific fours, Illinois Cenetral fours and Norfolk and Wes- tern convertible sixes higher.
 Interest was revived in Chinese rail- way 5s which reached the years top price at 463s. Other foreign bonds were firm, with British and French munci- pal issues registering moderate i'm provement.
 Bankers announce that $12OO0,O0 Missouri Pacific Swear per cent notes were being placed at 99H to yield over 527 per cent. Proceeds will be used to reimburse the company for improve ment expenditures. Offering also will be made of $4,000.000 shubert beater corporation seven corpora ton deben- lures at 99.
 Bond market average:
The Birmingham age-herald., 1924-06-25
NEW ORLEANS COTTON

NEW ORLEANS, June 24.-The cot ton market developed a moderate up- ward trend in today's trading, due mainly to more bullish private crop con- dition reports than looked for. The range of prices was not wide and trad ing was slack. July was supported by the covering of belated shorts in ad- vance. of notice day, tomorrow; and, after opening at 27.26c, or 2 points net lower, advanced to 27.59c, or 33 points up from the low. October at the start traded at 24.40c, or 4 points down, and rallied later to 24.70c, or 30 points up from the low. December followed the same course as October. More than half of the gain was lost in the late trading, but the close showed net gains for the day of 15 points on July and Il points on active new-crop months.
 Although Liverpool cables were con siderably better than due at the time American markets opened, the local market was inclined to be easier on good weather in the belt. It soon ral- lied, however, when two private condi- tion reports were announced, one 67.9 and the other 6S.
 The market reacted moderately during the afternoon mainly on lack of sup port, but prices nevertheless retained a fair part of the earlier advance.
The Birmingham age-herald., 1924-06-25
FOREIGN BONDS

pleting minor repairs, etc., at the South ern dry dock.
 The American schooner Thann (Van Heynigen Brokerage company cleared and sailed for Philadelphia with deals, leaving the schooner Isabella Parmen- ter on the same berth for the same cargo.
 The Clemence c. Morse Omitted States Shipping board), scheduled to arrive here today for redelivery, will be in this morning from Houston in ballast, 1t was learned. The West Hematite and the Narcissus, both freighters, have been turned back to the board already, and the West Segovia United States Shipping board), now undergoing re- pairs at the Todd plant, will be placed on spot as soon as repairs are com pleted.
The Birmingham age-herald., 1924-06-25
al today ....I .,..I l455l 2O37I 265I Il
LIVERpnoI. cnrroN

LIVERPOOL, June 24.-Cotton, spot, fair demand; prices easier: Good mid ding, 1767d; fully middling, 17.12d i; middling, 16.62d; low middling, 15.77d {; good ordinary, 14.77d; ordinary, 14.27d. Sales, 5000 bales, including 4,000 Ameri- can. Receipts, 5000 bales, including 4,900 American. Futures closed steady: June, 16.S5d; July, 16.59d; October, 14.S7d; December, 14.50d; January, 14.40d, and March, 14.2Sd.
The Birmingham age-herald., 1924-06-25
COTTON SEED OIL

NEW YORK, June 24.-Following ar advance of IA to IS points on buying ot July by refiners and short covering ir September, cotton seed oil reacted slightly today under local. selling ant closed to 15 points net higher on ac tive months. Sales, 10,700 barrels. Prime crude, Sc, nominal; prime summer vel low spot, 1o.70c; July closed 10.63c September, 10.62c; October, 10.21c, ant December, 920c, all bid.
The Birmingham age-herald., 1924-06-25
poTATO MARKET

CHICAGO, June 24.-Potatoes, prac- tically no trading on old stock; market was dull. New trading good; market firm. Receipts, new, 46 cars; old, 2 cars; total United States shipments, new, 326 cars; old, 25 cars. Alabama, Arkansas Louisiana and Oklahoma sacked Bliss Triumphs, $2.5o@2.75; decayed, $2.2O up; Carolina (barreD cobblers, $4.50@5, ac- cording to quality.
The Birmingham age-herald., 1924-06-25
Bond market average
DRY GOODS

NEW YORK, June 24.-Cotton goods again were quite today, a very limited business being done in gray cloths and finished goods showing little chanee I1 the staples. Wash fsts.cs soid little more freel". T,ss v s1-wcar traders Ee. nor,aa s Itot ate business. Raw GilE as nncha1ged hsre, with sales 1f fair volume abroad 5uriaps held -tssag with the dems3a ijE Il tu 3ers srars doaHs a very liehs ot a.ess
The Birmingham age-herald., 1924-06-25
VEGETABLES

CHICAGO, June 24.-Standard crates of cantaloupes, $2.5O0265.
 Peaches, Georgia Uneedas, $1@1, 50, crate or bushel; Rose, bushel, $1.5O02. Onions, yellow Bermudas, $1.75@2.15 crate.
 Lettuce, Iceberg. $29s25.