davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-11-14
STEEL IS LEADER IN BIG UPSWING
 OF NDUSTRIALS
Numerous Mergers Under Consideration Cause
 Heavy Buying
By EDWARD J. CONDLoN

(By Leased Whc to ABcSA@N
 NEW YORK, Nov. 13.-The stock market churned up Wednesday at a- most the same rapid rate which has characterized proceedings ever since election day. Sales of 2,22s.7o0 shares were recorded, or more than 1oo. 900 less than in the midweek market. From comment heard in and about the board rooms of various and sundry brokerage offices, it would appear public buying of stocks has not figured as prominent ly in the sharp upswing of prices as might appear on the surface.
 It is pointed out that the numero us mergers now under consideration, whether they be in the final or even nebulous stages, have caused some rath- CT heavy buying in many stocks. In some instances this buying may have been with a view to obtaining control at time when concentrated buying could be masked under cover of heavy accumulations in other directions. At least this explanation is plausible.
 Steel Leads Advance
 In some respects Thursdays market was a repetition of Wednesdays trad ing. The leading industrials advanced while the principal rails declined. No less a stock than United States Steel common led the van in the industrial section of the list, scoring a record high for 1924 at 1854. American Can and United States Cast Iron Pipe reached record highs for all time in excited trading.
 Virtually all of the other markets moved forward. Sterling astonished the financial community by leaping 2Bc above the previous close to a new high level for the year, though the market reacted fractionally at the close.
 Wheat Price Jumps
 Wheat leaped four cents to a new high on the official Canadian report which placed the wheat crop at 272,000,- previous report, comparing with the total a year ago of 474,000,000 Corn and the lesser grains all closed a cent to 2k cents net higher for the day. Cotton closed higher, though trading at the close was largely a matter of sQuaring away for the governments figures on cotton consumption which are due at the opening of the local market Friday morning.
 Two per cent call money did not pre- vent a further selling movement in Lib- erty bonds, which closed irregular. Banks and other large holders are in- clined to employ their funds in more lu- crative yields in the bond list. Ger tainfy with the prospect of reduction of income taxes the demand for tax exempt securities will be less urgent. Saturday the government will pay ap- proximately $66, ,000, 900 in interest on the per cent second Liberty loan converted bonds. Of this amount 1t is estimated that about S24,000000 will be payable in this district.
The Birmingham age-herald., 1924-11-14

cent of the total cost of materials show practically no charge. Lath, per cent, steel, 2 per cent, glass 2 per cent and nails 1 per cent all show a decline. Totaling these individual differences, we find that the total bill for ma terials needed in building the average residence cost between 10 per cent and 15 per cent less than they would year ago.
 Structural steel, representing 30 per cent of the cost of industrial building is down 28 per cent. Cement which rep resents 27 per cent of this class of building is no higher. Lumber, the third item of importance. amounting to IS per cent, is between 6 per cent and g per cent lower. Brick totaling 15 per cent, lath, 4 per cent; glass, 3 per cent; lime, 2 per cent, and nails 1 per cent show satisfactory savings. The total bill for materials in the average indus trial building should cost 12 per cent less than 1t would have last year.
 Those recessions have undoubtedly been to a great extent responsible for the duration of the building boom.
The Birmingham age-herald., 1924-11-14
1.THoJJcH building operations ar,

4 LTHOUGH building operations are A being continued at sufficiently
 high level to cause heavy demands for structural materials, the prices of these materials when compared to the same prices year ago, show very en- declines.
 The chart above pictures prices of the most important items required with the same quotations last year. The most interesting feature of these price changes is that the declines have been most pronounced in the more important items which enter into the average bill for materials. The actual advantage to the builder of different types of con- struction at the present time Is best shown by comparing the amount of the price decline with the percentage of materials needed. In residential build ings, lumber which represents an aver age of 53 per cent of the material costs, is down from per cent to per cent. Brick, the second largest item, repre- senting 23 per cent of the total bill, is 25 per cent. Lime, representing g per cent and cement amounting to per
The Birmingham age-herald., 1924-11-14
STOCK LETTERS

NEW YORK, Nov. 13.-The trading in today's market amounted to well over two million shares, but after an ener- getic forenoon featured by bursts of strength in different directions, re- actionary trend developed during the afternoon. Some disappointment was felt of the declaration of S6 annual divi- dend rate by Southern Pacific. And under the impetus of heavy profit talk ing and some professional short selling this stock and many of the other rails which have been active declined to low CT levels. Many of the industrials gave up part of their recent advances.
 Principal news developments consisted of an advance in the price of pig iron and an optimistic statement regarding the future of Chicago, Milwaukee and St. Paul by President Byram, and va rious statements of earnings showing increases from others. American Wool, United States Steel, Republic Iron and Steel, Crucible Steel, Baldwin Locomo- tive, International Combustion, Amer ican Can, Mack Truck and General Mo- tors were among the issues which closed higher than the last quotations of yes- terday.-Fenner 6 Beane to Kahn & Virgin.
 NEW YORK, Nov. 13.-The stock market is still very broad. Operations, regardless of size, are carried on with comparative ease. There is continuous profit taking but sales are quickly ab-. sorbed by new buyers. In many in stances the sellers in the stock or group promptly reinvest in others. Today there was a little disappointment caused by failure of the Southern Pacific com pany to increase it's dividend. This was followed by considerable profit taking but the selling was also met by new buyers who have confidence in the fu- ture of the property. What is said of Southern Pacific applies with equal force to all the leading stocks. We are now at the initial stage of a new era in the stock market. At present we are led on hope but we must all bear in mind that between initial hope and final realization there will be many dis appointments. We must be prepared for it. We are all hoping for tig business and big profit by the various corpora tions We feel safe because we know that our foundation Is very sound and we can already see signs of the new structure rising. But give i' time. It cannot be done instantly There is nothing at present to mar the wonder full outlook. If fault develops it will be of our own making through the crea- tion of a bad technical position in the stock market. Avoid this by conservative trading and at all times be prepared for reactions.-John F. Clark & Co.
The Birmingham age-herald., 1924-11-14
GORuLA IS MODEST

NEW YORK, Nov. 13.-John Dam iel, IT., a 15O pound pet gorilla, owned by Miss Alys Cunningham, took excep- tion to being photographed by motion cameraman as he was about to sail for England today and inflicted severe wounds on the wrist of Mrs. May Baines, assistant to Miss Cunningham, before he was subdued and locked in
 his cabin.
The Birmingham age-herald., 1924-11-14
COTTON LETTERS

NEW ORLEANS, Nov. 13.-There was another outburst of bulltsh enthu- siasm in nearly all speculative markets today, establishing new high records for this upward movement in cotton and grain, and some securities sold at the highest prices since 1916, while sterling advanced to a. new high level for 1924. Predictions of business improvement are being realized in many lines Of trade, particularly in the textile department, where more business Is being put through than since last spring. Not being fulfilled by larger sales of merchandise, but are reflected in continuance of record-breaking car loadings, which for the week ended November 1, were 1,073 against 9S0,386 for the corresponding week last year, comparing with the record-breaking to- tai for all time of 1,112,345 cars for the preceding week this year. Advices Altering through from Washington and New York are of an optimistic charac- ter, leading financiers and government officials to giving vent to expressions of confidence as to the future, the present rise in prices notwithstanding. The President is quoted as having been informed that many orders for mer- chandise withheld pending the outcome of the election now are being placed, and that he heard of one order for 1000 worth of goods held up until after the election. Coincident with the above advices, the president of the Ma tional Association of Cotton Manufac- turers said in an address before the an- nual meeting of the association in Bos- ton yesterday that the cotton industry has definitely turned the corner and is progressing slowly, though stea1ly to- ward better days.-H. & B. Beer to J. F. Willingham & Co.
 NEW YORK, Nov. 13.-Prices were lower early on local traders selling for reaction and professional selling of some volume but the contracts were absorbed, the market rallied and dur ing the forenoon, resisted all efforts to depress 1t materially. This exhibition of strength led to general covering this afternoon by early sellers, new highs for the list and quite a change in senti- ment. There was considerable chang ing of bearish views to bullish and some characterized cotton az a creeping bull market. The big market in stocks ad- vancing prices, is having an important sentimental effect on cotton. Columbia,
The Birmingham age-herald., 1924-11-14
rnTroN sEED OIL

NEW YORK, Nov. 1s.-scattered buy Inr by commission houses on the bullish knowing in grains and higher lard, put
 lotion seed oil up to IT points today
 but the market subsequently turned
 easy under hedge selling and realizing. |rhe close was generally to points het lower. Sales 28,000 barrels. Prime
 erude $9 asked; prime summer yellow spot, $l1; December closed, $10.72; Jan |iary, $10.75; March, $10.86; May, $1O.s9, Ill bid.
The Birmingham age-herald., 1924-11-14

ton textile imports ever known in the history of the country. Every yard of these goods could have been made in this country. It is proper and fit ting that this association urge through the channels already provided by law such a revision of the cotton schedule as will give necessary protection to the men and women engaged in and inter ested in the industry
The Birmingham age-herald., 1924-11-14
LOCAL DATA
WINDS

East Gulf: Moderate east, and weather partly overcast Friday.
 West Gulf: Moderate east and south east, and weather partly overcast Friday. Moderate southeast and south over east portion and north and northeast over west portion, and weather partly over cast Friday.
 Hatteras to Florida Straits: Moderate to fresh north and northeast and weather fair Friday.
The Birmingham age-herald., 1924-11-14

Int illustrates |aething W b o h u interest you.
 he population of , United States l increasing fast | than the popu- hon of any other lite nation on , face of the Eth, We have tsived as many [a million immi- knts in one year, h although this How has been
The Birmingham age-herald., 1924-11-14

2S-Head. 29-Low musical sound. 31-Excite. 33--An excrescence on a plant 35-GirPs name. 36-Drunkard. 39-Reach upward. IA0-Was seated. fi-An exploit. i 43-Before (prefix). +4-system of measurement. ! 46-Math (pl) i7-Jogging place. iS-Insect (pD. | 50-Attached by its base treformed spelling. l 52-Stare fiercely. | 53-European fresh water fish l 56-Part of ito be-" | 57--A part. GOA peg. 62-A compartment. 65-Therefore. | 67-Refusal.
 Solution to yesterdays CROSS
 WORD PUZZLE:
The Birmingham age-herald., 1924-11-14
kCHANCE, SEATS lNlPRICE;;
 NOW COST s9O,OOO
|ld On to Anything Sug- ply Of Which Cannot
 Increase, Forbes Says

By E. o. FORBES |ou. may not be interested in the fact l .the price of a membership of the k York Stock exchange has just Sped $1O,000 to $90,000. But the incl
The Birmingham age-herald., 1924-11-14
How To Solve Cross-Word Puzzles

The numbered squares the starting points for words extending horizontally vertically bo One letter to
 square, Words end at first black encountered border of puzzle Pick out word that fits given defni ion and space This gives clue to other words that cross it. and they in turn to still other words.
The Birmingham age-herald., 1924-11-14

S. C., reported a brisk demand for spot cotton. Exports were 1S,000 bales. Many regard 25hc for May, coupled with 13,000, 900 bales as high enough but the fact remains that there is little for sale when wanted and offerings are readily absorbed.-John F. Clark 6 Co;
 NEW YORK, Nov. 13.-Cotton pressed it's way up today with buying from all quarters in. the forenoon. Even some of the old line bulls lost a part of their cotton which was taken by trade inter- ests and the public. The head of prominent local house returning from Boston reported general optimism among the cotton trade there who feel that the goods trade has definitely turned the corner and substantially higher prices are in prospect. The local element have been working for re- action but they are becoming impressed with the underlying strength in the mar ket and also the number of buying ord CTS under the market for trade account: We firmly believe in higher prices and suggest purchases on all fair reactions. Fenner & Beane to Kahn & Virgin.
 HORSES AND MULES
 EAST ST. LOUIS, H.. Nov. 13.- Horses and mules, steady, unchanged.
 SUGAR MARKET
 NEW YORK, Nov. 13.-Raw sugar was unchanged today at 5.7Sc duty paid, with sales of 12,000 bags Cuban to an outport refiner, prompt shipment.
 After gaining to points early, on continued Cuban and European support raw sugar futures eased off under real izing, prompted by increased offerings in the spot market. The reaction car ried prices 1 point below the previous close on some positions but partial ral- lies followed on covering and final prices were 1 point lower to net niger December closed 3.90c; March, 3.11c; May, 3.19c; July, 3.29c.
 No changes occurred in refined sugar prices which ranged from 7.15 to 7.25c for fine granulated but demand was less active.
 Refined futures were nominal.
The Birmingham age-herald., 1924-11-14

THE DEFINITIONS Horizontal
 1-Imagines.
 6-To seem. 12-To produce. 13-Merited. 15-Pronoun. 16-Small children. 1s-Walking stick. 19-Pronoun. 20-One. 2l-Extent of anything. 23-Each (ab). 24-Scrutinize. 27-Small streams. 2S-Converse. 30-A number. 32-Parcel of land. 33-Veracity. 34-Fishes 36-Stimulate. 37-Smear. SS-Celestial body. 40-Location. 42-Stumble. 45-Deteriorated. F-Beverage. 49-To take care of. 51-Clemency. 52-To accord. 54-Encounter. 55-Within. 56-Ink absorber 5S-Older (ab). 59-Prefix denoting back. 6e-Fuel. 61-Vulgar pretender. 63-Note of scale 64-More comfortable. 66-Medical instruction. 68-Short poem 69-Carbolic acid. Vertical.
 1-Soak.
 2-Note of scale.
 3-Consume.
 An iota.
 5-Measure.
 Fruit (pD.
 Accompaniment of window
 9-Earlier. t.. 10-One. 11-Rewarm. 12-Pure. 14-Demse (pD. 17-Piece of canvas. 1S-Religious system. 22-Narrow opening. 25-Part of Ito be-" 26-To be in want.
The Birmingham age-herald., 1924-11-14

I know a man who received a salary lf S760, ,OO0 a year. Why? Because the |upply of his kind of brains is extreme
 N limited.
 Hold on to anything useful the total |upply of which cannot be increased.
The Birmingham age-herald., 1924-11-14

HORSES AND MULES EAST ST. LOUIS, H.. Nov. 13.- Horses and mules, steady, unchanged.
The Birmingham age-herald., 1924-11-14

As it is impossible to increase the kount of land in the United States, "a as the increase in our population
 h our ability to buy land means great land greater demand for land, the nat aI. the inevitable result Is that the Hue of land rises and rises.
The Birmingham age-herald., 1924-11-14

LOUISVILLE. Ky, Nov. 13.-Cattle: Receipts, 800; slow and steady; heavy steers, $7.50@S.00; beef steers. $4.50@ FPS; heifers, $4.00@7.5O; cows. $2.50Q $50; feeders. $450@6.50; stockers, $500
 Hogs: Receipts, 1,4oo. steady; 175 pounds up, $9.75; 130 to 175 pounds, $S.25; pigs, SIPS down; throwouts, $7.75 down.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1924-04-26
State Court OF Appeals
Reuerses Loluer Court
PocomOke City National Bank Re-
heved Of Responsibility In Build
ing and Loan Case.

Through an opinion handed down
by the Court of Appeals, the decision
of the lower court in the case of the
Receiver of the defunct Pocomoke
City Building and Loan Association
versus the Pocomoke City National
Bank is reserved;the latter is released
from all responsibility; and the obli-
cation of the Association is held to
be valid and collectible.
This case arose from an action TAX
en- for the purpose of proving the
Banks liability, because Of the con-
nection of certain of it's officials with
the Loan Association also as officials
The decision of the higher court
has made it plain that the same in
dividual could occupy two positions
without the one insolving the other.
The business transacted between
the Bank and the Association was in
Inc with regular banking, and the
fact that certain officials of the
Building and Loan were also officials
Of the Bank, did not make the latter
responsible for losses sustained.
It is understood the Association
will pay to it's subscribers about SOC
on the dollar.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1924-04-26
Women's Clubs Will Meet
In Cambridge On May 8th
Semi. Annual Convention Of Eastern
Shore District Will Convene On
Thursday Morning.

The semi-annual convention Of the
Eastern Shore District Of the Mary
land Federation of Womens' Clubs
will be held at Cambridge, Nd, on
Thursday, May Sth, 1924 under the
auspices Of the Cambridge Woman's
Club at their Club house on High
street.
The convention will be called to
order promptly at 1890 A. M. Mrs.
John F. Sippal, president Of the
Maryland Federation will be present
and Mrs. A. A. Hathaway, president
of the Eastern Shore district will
preside. Miss Mary Monk, District
chairman of fine arts will conduct the
group singing. Mrs. Lucia p.
Branch will address the convention
upon Printing in Art. The usual fine
luncheon will be served.
The afternoon sessions will be open
at 2.3O P. M. The Cambridge Wom-
ans Club is employing every effort to
make the Fifth District Convention
the best yet and are preparing to en-
tertain host of Clubs. Will each
club please notify Mrs. John Croft,
president of the Cambridge Woman's
Club the number of their members
who will attend the luncheon.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1924-04-26
Easter Anthems Sung
In Bethany M. p. Church

The congregation Of the Methodist
Protestant Church, this city expert
enced a rare treat Sunday night last
when Easter anthems were sung by
the Boys Choir, under the direction
and leadership of Mrs. Benjamin T.
Dryden.
The choir was composed Of fifteen
young men with exceptionally fine
voices and the music rendered was Of
high order and filled with rich fine
harmonies. These male voices have
been trained by Mrs. Dryden, ably
assisted by Mrs. VIM. S. Bowen as
organist, both of whom are gifted
with unusual musical ability. The
following young men composed the
choir:
Walter Evans, Clarence Gray Earl
Mcdaniel, Claude Mcdaniel Frank
Chesser, Reuben Chesser, Jas. Thigh
man, Gordy Young, Ray Redden,
Percy Redden William Bounds, Ar
thur Ford Albert Warren, Robley
Small, Wilson Outten.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1924-04-26
new BANK OFFICIALS
ASSUME POSITIONS
Norfolk Financial Institution Has
Vice-President Well Known
In Pocomoke.

The Virginian-Pilot of Wednesday
last contained Photographic cuts Of
the newly appointed president and
vice-pres;dent of the Citizens Bank,
Norfolk, Va.
Mr.. Jordan, the vice-president, as
stated in last Saturdays issue of the
Democrat, married Miss Nan Free
man, daughter of Mr.. and Mrs. E. B.
Freeman, Norfolk, Va. Mrs. Freeman
is the daughter Of the late Mr.. and
Mrs. C. C. Lloyd, of Pocomoke City.
The Norfolk paper above referred
to contained the following item in
connection with the promotion of the
two officials in question::
Norman Bell was elected president
Of the Citizens Bank yesterday morn
ing to fill the vacancy made by the
death of Tench F. Tilghman. Davis
w. Jordan, cashier, was elected vice.
pres dent and cashier.
"Mr. Bell and Mr.. Jordan have
served through all the ranks in the
Citizens Bank. Mr.. Bell began his
career there as a messenger twenty
nine years ago, and Mr.. Jordan
started as a messenger twenty-four
years ago, passing sucessively thru
the various clerkships and each serv-
ing in turn as assistant cashier and
cashier. While the boardeof directors
yesterday elevated the two officers to
fiji offices formerly held by three
men, no additional appointments
would be made at the present it was
announced.
"Mr. Tilghman, who also had be-
gun his banking career as messen-
ger in the Citizens Bank, and had
served that institution for more than
four decades, died on the morning of
March 21, on train en- route to Nor
folk from Camden, N. c., where he
had gone two weeks previously to
recuperate from an attack of illness
from which he had suffered for sever.
al months.
"Both Mr.. Bell and Mr.. Jordan
are among the best known bankers
lin Norfolk and Tidewater Virginia
They are both natives of Norfolk anc
neither has had any banking connec
ton other than with the Citizens
Bank. They took their new office:
yesterday Immediately upon their ap
pointment by the board of directors.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1924-04-26
MRS. THOS. M, PURNELL
dies In PHILADELPHIA
Had Been In Delicate Health For
Some Time. e.-Succumbs
After Operation

Mrs. Pumell, wife of Thomas M.
purnell of Snow Hill, Md, died in
jefferson Hospital, Philadelphia on
Monday night April 21, and was bur-
led on Thursday last in the Presby-
terian cemetery, Snow Hill.
Mrs. Purnell was the daughter Of
the late Mr.. and Mrs. Levi A. Purnell
and at the time Of her death was 81
years Of age.
She had been in delicate health for
some time, and had made trip to
Florida to recuperate. Returning
home she afterward submitted to an
operation, but received no benefit,
her death ensuing.
Funeral services were conducted at
her late home in Snow Hill, by Rev.
DIR. Krieger. Besides her husband,
she is survived by daughter an one
brother, Matthew Purnell, proprietor
of the Hotel in Snow=Hill.
The bearers were Matthew Purnell,
r. Lee Purnell, Ernest Purnell, VIM.
L. Purnell, w. j. Fowler and Paul
Messick, all relatives Of the de-
ceased.
The funeral was attended by many
of Worcester county's representative
people, attesting, the high esteem in
which she was held. The floral offer
ings were of unusual beauty and
their abundance was evidence Of a
large circle of friends.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1924-04-26
LARGE Crolud Attends
Easter Dance Monday

The annual Easter Dance given un-
der the auspices of the young men of
Pocomoke was held in the City Hall
Monday night of this week and was
we'll patronized by visitors from the
neighboring towns as we'll as local
people.
The. popular Merrill orchestra furn-
ished music upon this occasion and
approximately seventy-ive couples
attended.
During the intermission the young
people visited the Peninsula Restau-
rant where everything was in readi-
ness to serve promptly.
The patrons were Mrs. F. J.Lloyd,
Mrs. L. Paul Ewell and Mrs. Emma
Stevenson.