davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-02-16
COTTON LETTERS

NEW YORK. Feb 15.-cables this morning were iow9r than due. owing to fears of dockers' atrilxe being called tomorrow. Our market was easier from the opening and broke badly on a con- tfnuation of the selling movement, several days. On the decline. the trade bought steadily, and this buying caused an improvement of some 50 points from the extreme low point in the early aft ernoon. S
 The market, however, continues very nervous and unsettled, and sentiment is still very bearish. The market has had such a severe decline that 1t will take time to restore confidence, and in the meantime continued unsettlement would be only natural. We believe. however, that the present price dis counts any unfavorable news and that the steady absorption of contracts by the trade will tell in the long run. This afternoon, the local sentiment was extremely Hessimistic. and further de- cline is generally expected by the trade. Liverpool futures are due tomorrow: March, 17ssd; May. 17.6Sd.-Hubbard Bros. & Co.
 NEW ORLEANS, Feb. 15.-After an of bad weather, heavy selling again de- veloped and prices fell 137 to 139 points for the old crops from the early high and 70 for the new. Reports that nearly . million English dock workers will go out on strike tomorrow unless a last minute settlement is effected, continued pessimistic reports from Worth Street claim that curtailment It Fall River ia 75 per cent, that mills in the Charlotte N. C., district are beginning to curtail and sman \epinners' takings for the week furnished the occasion for the selling. Values rallied about 55 points from the low as a result of this COW ering. Some people builishly inclined also came into the market and mills are reported to have called a good deal of cotton. Castles was reported a lib- eral buyer on the breaks. Values ral- lied about 55 points from the low as 2 result of this and closed steady around timent of the professional trader still leans to the eslling side, but all the bad news is out and probably dis counted. Liquidation appears about finished and Q large short interest has been created. We look for the market to do better.--Fenuer & Beane to Kahn Bros. & Virgin,
 NEW YORK, Feb. 15.-The market today has been a repetition of yester- days session. Holding fairly well in the beginning on short covering and buying for a reaction. prices broke as soon as this demand was satisfied by heavy selling from speculative sources, forced liquidation and unmargined ac- counts and continued hedge selling against unsold goods Fall River cur tailment reported at 75 per cent of nor mai. an easier stock market and very poor dry goods news all tended to have depressing influence on the market Many large stop orders were caught and although the trade bought on a scale down it failed to stop the mass 0. fselling orders that came in from every direction. Although the technical position has undoubtedly improved sentiment still remains bearish and pur- chases on good dips are recommended Total exports for the week, 9s,163, in- ciuding Al, ,230 for Germany-Post & Fl2gg to Shannon 6 Co.
The Birmingham age-herald., 1924-02-16
$IOO, 100000 READY
 FOR WHEAT BANKS
War Finance Corporation To Lessen Strain In Northwest

CHICAGOO, Feb. 15.-Resources to- talling more than S10O,0O0,000 were available today for the relief of the banking and agricultural distress in the northwest.
 Bankers and business men from prac. tically every large city in the middle west and representatives of eastern cap. ital in a meeting here pledged $10,OOO,. 900 for northwest financial relief Loans to the extent of ten times this amount are available from the war finance corpora ton under an agree, ment.
The Birmingham age-herald., 1924-02-16
STOCK LETTERS

NEW YORK, Feb. 15.-Stock prices did not hold steady very long after the opening, numerous selling orders coin ing from all sources shortly after the first hour with very little support in evidence at any time during the entire session. There was said to be ssome good buying, especially in Steel. but it was completely overshadowed by fm- mense offerings. The decline was at tributed to nervousness over the possi- ble uncertainty in the political outlook on account of the Washington investi- gations, added to which there were ru- mors that a prominent operator had turned bearish and would issue a state- ment to that effect shortly. Whether or not the statement ever appears, the ru- nor helped those working for lower prices to a great extent. Nothing in the business news accounted for this out burst of selling, and at the close the street was still mystified and searching for reasons. The probabilities are that 1t was becoming evident to many of the big leaders that the market was be- coming harder and harder to bull and that the only alternative was a drastic reaction. Many issues broke way through their former resistance points, and the entire list closed with a de- moralised appearance. The declines and their extent were too numerous to men tion. Total sales were 1,s48, 900 shares, the largest in two years. Money open ed at Az per cent and declined to A.. per cent, making the explanation for the decline still harder.-Fenp~~ & Beane to Kahn Bros. 6 Virgin.
 NEW YORK, Feb. 15.-The market has been hesisa:fng and inclined .o be weak for two days, and when the pa pers this morning made the statement that the insurgent republicans were go- pass tax bill which would have a ceptable to the President, the market opened weak, All day 1t has been un- der heavy pressure and the declines have been quite severe. It all depends on the tax matter in Washington. As matter of fact. the fear has been all along that the oil scandal might effect adversely this very important tax mat ter. The market is closing without rally and at the bottom, but we are glad to be able to state that our ad- vices from Washington are most fa- vorable to the passage of a good tax bill, in spite of what the papers say and in spite Of the unsatisfactory way in which the market is acting. A high surtax would probably mean a veto of the bill by the President and no tax legislation now, the whole matter being thrown on to the elections. This would be most depiorable.
 Total sales, 1,S4e, ,300.-Post & Flagg to shannon & Co.
The Birmingham age-herald., 1924-02-16

Adequate and reliable. transporta- ton, largely supplied by the L. &N., has made possible the growth of this territory. People have been brought from elsewhere to join in it's development. Conveniently ac- cessible markets have been provid- ed for its products. Intercourse between the states, and with the rest of Ae world, has been made easy of accomplishment.
 Important as this has been, the L. & N. has done still more. Through its Imnigra- ton and Industrial Department it has invested time and money in exploiting tke South to other parts of the country. It has induced many farmers and manufi o turers to come in and settle here, thus in addition to it's basic service as a carr!.r making definite contribution to :he South's growth.
 This work the L. & N. will continus to perform; constantly striving to make it's service a greater and more helpful factor in the upbuilding of its territory.
The Birmingham age-herald., 1924-02-16
DEMAND IS ABSENT IN COTTON MARKET
Covering And Price-Fixing Fol.
 low Sensational Break

NEW YORK, Feb. 15.-The dominat- ing factors in the cotton market dur ing the past week would appear to have been continued complaints of a poor demand for cotton goods in the do- nestle markets. apprehensions of in creased domestic mill curtailment and talk of a possible renewal or organized short time in Lancashire.
 During the earlier part of the week prices held fairly steady around the 33-cent level for May contracts on GOV eying. This contract was in no great volume, however, and the market turned weak later under liquidation speculative selling and reports that hedges were being sold accommodating stocks of goods at the mills or against spot cotton previously carried without such protection in the south.
 Except for covering and some further scale-down buying for the trade, very little demand was in evidence, and the market had a sensational break during today's trading, with contracts for May delivery selling down to 30.S5c, com pared with 34.97c, the high price touched
The Birmingham age-herald., 1924-02-16
PAGE 1o

on the rally of . week ago last Mons day and 37.23c, the seasons high recs ord established at tho end of Novem. ber. This decline was sufficient to bring in a good deal of covering ana a renewal of price-ffxing for the trade, but sentiment was evidently unsettled and the market was still nervous dur ing today's late trading.
 The census report showing 6I6,644 bales consumed In this country for the month of January, compared with 610,- 306 for the same month last year, wao more favorable than expected. as - compared with only 461 .560 bales con. sumed during the previous month. t was considered bullish from the stand- point of available raw cotton supplies, but local bears regarded 1t as indicat- ing that there had been further large additions to unso1d stocks of yarns or goods in the hands of manufacturers. and its failure to inspire more buying evidently was q handicap to holders of contracts.
 This was one of the factors of the mid-wee decline, while there also may have been some selling on reports of progress with new crop preparations in the south. although new crop deliv- cries were relatively quiet and steady. ] Nothing definite was learned with ref erence to short-time proposals in the British cotton mills, but private cables from Liverpool have reported more or less uneasiness over the threat of . strike by British dock workers.
The Birmingham age-herald., 1924-02-16
DRASTIC BREAK
 IN CURB PRICES
Oils Hit Hardest, Suffering Losses Ranging From One
 To 12 Points

NEW YORK, Feb. 16---Stock prices broke precipatiously in today's active curb market in sympathy with the drastic reaction on the "big board"
 :, Oils were the hardest hit, net losses in that group ranging from 1 to IF points. Among the active issues, Prairie of and Gas dropped sz points, to 2s0, while Standard Oils of Indiana. Kansas, Kentucky, Nebraska and New York, Vacuum, Ohio oil and Continental oil closed ? to points below yesterdays final quotations.
 Industrials offered better resistance to selling pressure, although Ford Motor of Canada dropped 13 points, to 452. on a few odd-lot sales. Dubilier Radio dropped nearly 11s points, to 20, and losses of a point or so were re- corded by Glen Alden Coal, Ward Bak- ing "B" and Gillette Safety Razor. Durant Motors sagged points. United Bakeries was one of the few strong spots, climbing about 2 points.
The Birmingham age-herald., 1924-02-16
Short Market Flashes


 NEW YORK, Feb. 15.-The American lmelting and Refining company today Eyanced the price Of lead from S.25c S.40c per pound. This afternoon, the Imerican Smelting and Refining cons hny again advanced the price of lead points, from S.40c to S.50c per pound.
 NEW YORK, Feb. 15.7-Substantial
 Fersubscription of the $150, ,000 ,000
 hpanese loan was reported today by ! F. Morgan & Co.,, head of the bank kg syndicate which offered the bonds
 nblicly for sale today.
 NEW YORK, Feb. 15.-Net earnings the Southern railway in 1923 totaled f61@ ,99S, after deduction for charges, 'ccordang to the preliminary earnings katement. This Is equivalent to $i0.1 share on the s120, ,000, 900 common lock, as compared with s8.s5 In 1922.
The Birmingham age-herald., 1924-02-16
DUTCH LOUIE" CAUGHT
scaped Recently From Federal .Per

I5CdpoI NeC6Hly FFOM F0u0f0I Ponl, tentiary At Atlanta, Ga. COLUMBUS, Ga, Feb. 15.-Lud- 1ig Schmidt, alias Dutch Louie,- who kcaped from the federal penitentiary \ Atlanta, is now In the custody of Euskegee county officials, according to Ieputy Sheriff Layfield who made the frest today. Schmidt is said to have Icaped along with George Anderson
 Iecember 30.
The Birmingham age-herald., 1924-02-16

This has been reflected in the steady liquidation of oil shares. particularly those of companies involved in the oil leases. Therefore, they added, rumors, such as were spread, that Wall Street fell on fertile ground and made possi- ble one of the most drastic declines of the past year.
The Birmingham age-herald., 1924-02-16
COFFEE FUTUREs

NEW YORK, Feb 15.-The market for coffee futures opened at a decline of 35 to 50 points under realizing by brokers ith~Wall Street and cotton ex- change connections. After selling off to 12.95c for May and 12.55c for Sep- tember, there were rallies on reports of continued firmness in the cost and freight market and moderate trade demand. May advanced to 13.1oc and September to 12.69c, or about 15 points from the lowest. but there was further scattering liquidation and the close was a shade off from the best on most posi- tions. Last prices showed net declines of S3 to s36 points. Sales were estimated at about 70, 900 bags. March, fS.4 .40c, May, 13,10c; July, 12.s5c; September, 12.s6c October, 12.60c; December, 12.5oc.
 Spot coffee firm, Rio Is, 14Nc; San tos 4s, 1SA @19%c. Cost and freight of fers included part Bourbon 3s and 5s at 1S.45c to 1Sssc for prompt shipment, and 17.96c for February March ship ment. Rio Is were offered at 13.550 13.95c for prompt shipment.
 The last official cables from Brazil showed decline of 1-32 pence in Rio exchange on London, with an advance of 10 points in the dollar buying rate. The Rio was 275 to 625 refs lower and Santos unchanged to 625 reis loweh. Brazilian port receipts, 47,000; Jundiahy receipts, 22,000.
The Birmingham age-herald., 1924-02-16
: NAVAL STORES

Ga. Feb. l5.-Turpen- he firm. 94ac; sales. TN receipts. 36;. htpments, 204; stock, HOST. Resin
 Fm; sales. 25o; receipts. AIS; ship
 snts, 6,845; stock, s0,S97. Quote: B ' I, $4.65: K, s4.s5; M, $4.s004.90; N, k.20; we, $6.3o: wv, S6.65.
The Birmingham age-herald., 1924-02-16
SEA ISLAND GorrnN

SEA ISLAND COTTON,
 SAVANNAH, Ga, Feb. 15.-Sea Is- land score market nominal; extra choice, 37c; choice, 35hc; extra fine, 34hc. Sales. none; shipments, 9; stock, 592; crop in sight, 2,145.
The Birmingham age-herald., 1924-02-16

NAVAL STORES
 JACKSONVILLE, Fla, Feb. 15.-Tur- pentlne-Firm; 93st G94c. Sales, 162; receipts, 70; shipments, 3o3; stock, 23,- TAP
 Rosin-Firm. Sales, 75S; receipts. 1915; shipments, LII; stock, 130, ,334.
The Birmingham age-herald., 1924-02-16
PROMINENT JURIST DIES Judge. Sam c. Cook Of Clarksdale
 Miss. Succumbs

CLARKSDALE. Miss, Feb. 15.- Judge Sam c. Cook, 60 years old, for mer justice of the supreme court of Mississippi and prominent in state political circles, died at his home here early today. Death followed an attack of pneumonia.
The Birmingham age-herald., 1924-02-16
NII. CITY nrpnR

- OIL CITY, Pa, Feb. 15.-Credit bal
 ances, $A. Runs, 54,9S1; average, 52, sss. Shipments. 6o.2s6; average. 61, ,4s7.
The Birmingham age-herald., 1924-02-16
RICE MARKET

NEW ORLEANS, Feb. 15.-Rough he nominal; no, sales. Millers' receipts, h3 sacks. Clean rice steady; sales, k64 blue rose. A 95hc. Receipts. sra pckets.
 Bran and polish unchanged,
The Birmingham age-herald., 1924-02-16

FLAX MARKET DULUTH, Minn., Feb. 15.-Close- Flax; February. s2.5sN; May, S2.5sN July, $2.66.
The Elk Mountain pilot., 1924-12-18
Concerning Parrots

OF the 20 commonly known va
rieties of parrots, the most talkative
ones, according to George Bruce Chap
man, head Of London house that
has imported and sold the birds for
more than hundred years, are the
Brazilian Amazon and the African
Gray. The former has bright blue
and yellow feathers and red tips to
the shoulders and flight wings. The
African Gray has a red tail. In Bra
I'll natives watch the nesting places
and when the hedglings are a few
days old. the feathers of one of the
wings are trimmed. Later these birds
are easily captured. placed on perches
and taken to the nearest village. Fan.
ciers say that the birds should be fed
twice day, and with proper care
will live 80 years.
The Elk Mountain pilot., 1924-12-18
Probably Girl Neuer
Forgot That Lesson

Stories have way of accumulating
about the memory of famous wits, and
Dean Swift was no exception to this
general rule, according to the San
Francisco Argonaut. A hoard of Swift
anecdotes recently unearthed in
cludes the Illustration of the deans
mania for closed doors. Swift's house
keeper hired his servants, but when
they came into his employ he always
told them there were only two rules
to observe. One was always to shut
the door after entering room, the
other. always to close the door after
leaving the room.
"On one occasion a maid asked the
deans permission to attend her sis
ter's wedding, when he not only gave
his permission, but lent her a horse
upon which to make the journey. and
another servant to accompany her In
the excitement Of the moment the un-
fortunate girl forgot to close the door
after her, and Swift, allowing time
for her to get well away upon her
journey, sent another servant post
haste to bring her back In fear and
trembling the poor girl presented her
self before the dean. asking him what
he wanted her for only to shut the
door, was the reply, after which you
can resume your journey"
The Elk Mountain pilot., 1924-12-18
BACK TO NORMAL

In no period since the war has
greater progress in the return to nor
NAL business conditions been made
by industry, commerce and finance
than during the past year. This re-
establishment of normal conditions
has been brought about by the work
ing of purely economic influences.
These influences and this result COM
pletely refute the arguments and pre-
tensions of opportunist politicians and
radical demagogues who have sought
to bring about readjustment by po-
litical measures. These measures
were aimed to give gratuitous advan-
tages to the special interests and
classes which the proposers assumed
to represent, to the detriment of the
general good.
The virtual disappearance, by nat
ural economic processes, Of the abb
normalities that have persisted, as the
long drawn out aftermath of the war,
has removed whatever justification
their presence seemed to give for
governmental paternalism and for
special measures Of relief for par
ticularly distressed classes. At best
these measures were merely sedatives
The Elk Mountain pilot., 1924-12-18
The Losso

Our word lasso is from the Spanish
iazo, meaning snare. The lasso is
rope from 60 to 100 feet in length
with slip-nOOse at one end. 1t Is
used in the Spanish and Portuguese
parts of America and in the United
States and Canadian West for catch
ing wild horses and cattle When not
In use the lasso, called "rope" in the
west, is coiled at the right of the sad
die in front of the rider. When an
animal is to be caught the rider gal
Looping after it. swings the coiled lnsso
round his head and casts 1t straight
forward in such manner that the
moose settles over the head or round
the legs of the pursued animal which
is speedily brought down. In order to
become skillful at throwing the lasso
great practice is required, and. If pos
sible. instruction by an expert.
The Elk Mountain pilot., 1924-12-18
Silk Worms Weave Dyes

A French scientist has succeeded
in making silkwOrms weave dress dyes
into their own output. He is re-
ported to have injected dyes into the
cocoon and the result was colored
threads being spun. Not only the or
dinary shades, but the tones and hues
that are made from combining various
tints, are produced by the little work
ers receiving treatment by this proc
ess. SILK is usually dyed after 1t has
been wound and twisted into floss
but the new method is expected to
The Elk Mountain pilot., 1924-12-18
JOBBING INCOME TAX PUBLICITY

DID the Department of Justice enter into deal
with Kansas City newspaper to kill the law providing
for publicity of income tax returns?
The evidence at hand would to justify an
answer in the affirmative
The first suit to test the law brought against the
Kansas City Journal owned by wealthy standpat Re-
publican named Dckey
Dickey is opposed to publicity. He wants the law
knocked out and he admits he did everything possible
to enable the government to verdict against
him. which would forbid all newspapers printing income
tax returns
But the federal judge who tried the was not in
the deal
He gave Dickey the verdict and the publisher is
said to be pleading with the government appeal in
the hope that he may be defeated the higher courts
To the uninitiated this looks like rank colusion-
The publicity law should be tested merits 1t
should not be done death through fake suit framed
up by the Department of Justice and a complacent
newspaper publisher.
The Elk Mountain pilot., 1924-12-18
Great French Dictator
Typical of His Race

NapOleon's character and personal
ity are still under the microscope. One
of the best of recent analysis of the
great commander is Napoleon" by
Herbert A. L. Fisher. at one time Brit
ish minister of education. Mr.. Fisher
has made the French dictator luminous
by his phrases. Here, for instance is
a passage on Napoleon as young
man, portraying him as a turbulent
example of the people from which he
sprang:
1.-The Corsican bore a character for
sObriety, courage and hardihood. Hate
was for him a virtue, vengeance a
duty, pardon an lnfamy. He felt the
call of the clan like a Highlander. an
Albanian or Zulu, and was full Of
the pride and self-assurance common
to gallant men who have never met
superior.
"Vig.lant and astute in his judgment
of character, he was a master of dis
stimulation save where passion broke
In and spoiled the reckoning.
His standard of honor forbade
theft. enjoyed hospitality and tolerated
woman as the drudge of the household
and field. In general his department
was noted as grave and social. He
was sparing of amusement, would sit
at cards without word and suffer
torture without q cry; but when the
seal of silence was once broken, Ian
guage would stream from him like
torrent, an index of that uneasy, impa-
tient. quarrelsome energy which was
common attribute of the race"
The Elk Mountain pilot., 1924-12-18

IN definite programs, but they have
been the means of greatly increasing
interest on the part of bankers. At
the beginning there were a number
of states that had no agricultural
committees. Others were inactive.
We now have agricultural committees
for each state with the exception of
two. and these have promised to ap-
point committees soon.
Banker Influence
The attitude of the bankers Is not
that of attempting to tell the farmers
how to farm, but rather to aid in
bringing about conditions that will
help the farmer to help himself. The
farmer who produces, the agricultural
college that is attempting to improve
the quality Of farm products, and the
banker who furnishes the capital are
endeavoring to put their heads to-
gether and perform team work. A
representative of one of the colleges
Of agriculture recently made the state
ment that the bankers could do more
than the colleges for the advancement
of agriculture. The banker is in posi-
ton to Influence the type of agricul-
ture practiced by the farmer patrons
county agent comes in contact with
only Is to 20 per cent of the farmers
of his county, while the bankers come
in contact with at least rs per cent
In some localities farmers seem to
be prejudiced against bankers. due
largely to misunderstanding. There
is no better way for relieving this
strained relationship than by getting
the banker and farmer pulling togeth-
er for their mutual interests and for
the community.
II agriculture is to develop it is nee.
essary to maintain on the soil men and
women who will put as much intelli-
gence into their business as is put into
other lines Of business. 1t is hard to
change, the attitude of mind of an old
farmer. The great hope is in devel-
oping boys and girls into men and
women who will be interested in i'm
proving the conditions on our farms.
Out of forty-seven programs adopted
the banker-farmer conferences, thir.