davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-10-21
BEAR PRESSURE INCLUDES GRAIN
 AND COTTON
Industrials Sold Heavily Tn Effort To Unsettle
 Market
By EDWARD J. CONDLON (Rv Leaned Wire tO ARe-HePaId)


 NEW YORK, Oct. 2O.-Trading in the opening session of the week had all ehe earmarks of a professional drive against prices, following the success sion of advances which began last Counting on limited pub after election day, the bear element ex- tended their pressure to include cot ton, grains and bonds, as well as stocks. Bethlehem Steel, General Electric, American Can and, Cast Iron Pipe proved the weakest of the active indus trials, in line with the usual bear pro- gram of selling the. leading industrials heavily with vieRsi unsettling the market as a whole. The decline in Cast Iron Pipe issues was helped materially by news of the court decision prohibit ing payment of dividends on the com |non stock until dividends in arrears on lhe preferred had been cleaned up. |The preferred, on the other hand, pushed up nearly points, scoring new high on the final sale at 101H.
 Fresh Buying Absent Two per cent call money, which ruled hli day, failed to induce fresh buying In any volume. It becomes increasingly evident that the financial community is tounting on an easy money market for korne time to come. The movement of props is now well advanced and interior banks have not withdrawn sums from his center in large volume. Some bank Ing opinion here seems inclined toward he view that if any tightening in the honey situation at interior points Is bue, the time for 9 firmingt up of money rates is already at hand.s1 Incidentally, faH money in London was 3k per cent. The railroad shares were by no means neglected. New losses sfor the day Averaged scarcely more than one-Quar- Ter of a point for the active issues, or less than half of the net declines in he industrial section of the list. St. Louis and A San Frascisco common feached the highest price in four years. Frisco Stock Sought
 The report making the rounds was Ihat the same firm which had accumu- lated Southern railway stock was mak- ing important purchase of Frisco Pitts burg and West Virginia was another ktrong spot in the carrier group, ad- kancing 1% points. This display of ktrength was attributed to the possibili- lies that dividends would soon be de- klared on the stock and that there were cry strong prospects of the roads ulti- 'nately being included in the Nickle Plate system.
 Rather discouraging foreign advices depressed the grain markets. The un- Rxpectedly large increase in the visible $upply caused further unsettlement. srhe increase in wheat amounted to ,7S7 900 bushels; corn, 575,000 bushels; bats, $4,607,00O bushels and rye, 738,000 bushels. Selling of corn was accele-
 ated by news of favoEable weather.
 n cotton, prices eased off gradually, hue mainly to better weather bulletins
 rom representative sections of the belt.
 soffee futures attained high record levels.
The Birmingham age-herald., 1924-10-21
HUMILITY DENIES ANY PARTIALITY
 TO CATHOLICS
Calls On Georgia Cover nor To Prove Charges
 In Klan Speech

NEW YORK. Oct. 20.-Challenging Governor Walker of Georgia to prove that the administration of Woodrow Wilson showed partiality to the Roman Catholic church during the war, Joseph P. Humility, Wilson's former secretary, has replied heatedly to what he declares was scurrilous attempt by Walker to "asperse the memory" of his late chief.
 In long telegram to the Atlanta Constitution, Tumulty directs his fire at a speech Walker made to the na- tional convention of the Ku klux klan at Kansas City last month, in which the Georgia governor was quoted as saying :: Tt is an infinitely different thing when Catholic secretary of a sympathetic president so manipulates the chicanery of politics that he will place in the cen ter of every national war camp a Catholic church, and drive outside ot the border of that camp on the back streets, in the back yard, on the alley ways every Presbyterian, every Metho- dist and every other Protestant church.
 Humility says he at first disblelieved the authenticity of this published state ment, but that Walker himself con firmed it.
 Challenges Governor
 Now Humility challenges the governor to prove his charges before any board of Protestant ministers whom Walker may select. He offers to produce former Secretary of War Newton D. Baker and army officers Gs witnesses in his de-
 .aTbe statement of Governor Walker regarding my alleged war activities in behalf of the Catholic church Is an unqualified falsehood," Tumulty told the Constitution. "No member of that church, neither a private in it's ranks, nor a member of its priesthood, nor it's hierarchy, ever by the slightest suggestion sought to control me Tn thls or any other matter"
 Tumulty reveals that criticisms were directed at the Wilson administration "by representatives of the order of Free masons that this order was discriml- hated against in the matter of war ac- tivities." He says that he conferred with ex-Justice Scudder of Brooklyn on this matter, and, sympathizing with Scudder, arranged a conference be- tween Scudder and Secretary Baker.
 Claims Neutrality
 Beyond that effort" says Humility, q maintained a policy of strict neutral ity." ~
 Tumulty points out that if Metho- dists. Baptists or Presbyterians were discriminated against, some of them ought to be able to tell about it, but he challenges Walker to produce one Methodist, Baptist or Presbyterian to do so.
 Further" says Tumulty, II wich to
The Birmingham age-herald., 1924-10-21

this type of income is more likely to be stable than actual operating revenues which depend more, upon the tickle tides of business. Non-operating in- come. therefore, is often an important feature in the consideration of railroad securities from an investment stand point. K A k A
 Of course, railroad stocks are bought chiefly either from a speculative desire for appreciation in value or from the viewpoint of what the roads in ques- tion are likely to show in the way of earning power from actual operations. Nevertheless, incorporating income may, in many cases, be considered as a safety valve. Apply some of the esti- mated incorporating revenues for 1924 to the common stocks, of the roads in question. The result would show the following number of dollars per share provided by such revenue: Canadian Pacific, $4.32; Baltimore and Ohio, $3.95; Great Northern, $4.14; Erie, $6.13; New York Central, $9.06; Pennsylvania, $6.30; Union Pacific, $7.42
The Birmingham age-herald., 1924-10-21
FRISCO PRESIDENT
 TO VISIT DISTRICT

B. F. Yoakum, one of Americas most noted railroad owners, will be in Birmingham in about two weeks and will take advantage of his trip south to hunt few days on the south Ala bama farm of Birmingham friends. AL though no official connection has been disclosed between the trip and a pos sible inspection of the Atlanta, Birming- ham and Atlantic which the Frisco might care to acquire, there was dis cussion Monday of the possibility that MT. Yoakum, would look over the line and give his opinion to the directors of the Frisco.
 Mir. Yoakum, as president of the Frisco and Rock Island, befriended this district on many occasions in the past, and has been one of it's staunchest ad- vocates. He will inspect the develop ments here in which he has long been financially interested.
The Birmingham age-herald., 1924-10-21
WALKER SILENT
Wants To See Tumulty Statement Be
 fore Acting

Wants To See Tumulty Statement Be-
 fore Acting
 ATLANTA, Ga, Oct. 20.-Governor Clifford Walker when informed tonight of the challenge by Joseph Tumulty, former secretary to the late President Wilson, of parts of the purported text of speech he was alleged to have made before the imperial klonvocation of the Knights of the Ku Klux Klan at Kansas City on September g, admitted that he had made speech, but would neither affirm nor deny that the next recently published in the Constitution was the text of that speech.
 The governors statement follows:
 Tt is most unfortunate that I was called at the end of such a busy day. I am tired and worn out and do not care to make a statement. I have nothing to conceal but want to consider well and not act precipitately. I will not state if the speech challenged was
The Birmingham age-herald., 1924-10-21
THE WEATHER

Alabama and Mississippi: Fair. Tues bay and Wednesday cooler Wednesday knd in north portion Tuesday. Louisiana and Arkansas: Tuesday and "wednesday generally falr; little change
 b temperature. ss&. Oklahoma: Tuesday partly cloudy. prob ply showers in west portion; Wednesday |artly cloudy.
 East TexasA Tuesday and Wednesday lartly cloudy. West Texas: Tuesday partly cloudy, lrobably showers in the panhandle;
 Wednesday partly cloudy: North Carolina and Virginia: Fair Tues hay and Wednesday; cooler Tuesday. South Carolina and Georgia: Generally air and cooler Tuesday and Wednesday. Florida: Cloudy Tuesday;, rain in east portion; Wednesday generally fair; cool kr in north portion. Extreme Northwest Florida: Fair Tues ilay and Wednesday, cooler Wednesday. Tennessee and Kentucky: Fair and cool- kr Tuesday; Wednesday partly cloudy. Cummary of reservations made at sta- lions of the United States weather bu- Heau during the 24 hours ending at ln., sOth meridian time October 2O'
The Birmingham age-herald., 1924-10-21

THEHE is no important railroad in
 the country which does not earn
 something in the way of non-op- erating income. On some roads such income is in very important proportion to total earnings derived from actual operating activity. For example. take the New York Central railroad. Ac- cording to the accompanying chart, the estimated incorporating income on this road during 1924 will amount to about $26.60O,00c. The 1923 figure was $25,- 817 1905. Total operating income from freight and passenger traffic was $66,- 026,0SS. In other words, incorporating income last year amounted to about 27.5 per cent of gross income.
 Non-operating income is derived from a variety of sources-such as dividends from stocks of other companies, in- terest on investments, income from funded securities, and returns from the rent of non-operating property such as real estate. It can readily be seen that
The Birmingham age-herald., 1924-10-21
GIN IS DESTROYED
 WITH $3O,OOO LOSS
30 Bales Of Cotton Burn In
 Madison County Fire.
Tennessee Valley Bureau)

HUNTSVILLE, Ala, Oct. 20.-The cotton gin of the Longview Ginning company, operated by negro farmers of Madison county, burned this afternoon from a blaze that is believed to have that was being ginned. The estimated loss was $30,000, including about 30 bales of cotton in the seed. The loss is covered by insurance, it was stated.
The Birmingham age-herald., 1924-10-21

say to Governor Walker that am will ing to meet him face to face in any part of Georgia and say to him in the pres ence of his own people that the charge that the Catholic church in the slightest degree in any way during my time in the White House sought to influence my conduct in this or any other matter is deliberately false"
 Tumulty refers to the. klan as 'this un-American hooded band which Gov ernor Walker has seen fit to associate himself with
The Birmingham age-herald., 1924-10-21
ALABAMA SYNOD
 TO OPEN TODAY
lrennessee Yalley Bureaul

HUNTSVILLE, Ala, Oct. 2O.- Ministers and layn1en from all parts of Alabama are gathered here tonight for tha sessions of the Alabama synod of inc Presbyterian church in the United States which will be held in the Gen trai Presbyterian church, beginning .o- morrow Rev. H. M. Edmonds of Bir- minpham is on the program for the opening sermon.
The Birmingham age-herald., 1924-10-21
LEWIS CHARGES DISMISSED

Charges of conduct unbecoming an of ficer were dismissed against Fred Lewis following a hearing of his case before the civil service board Monday night. The charges were made by A. J. Brown, an Ensley insurance man who claimed that the officer on Sept. 27, andrdrsCfe that the officer was unnecessarily rough wit hhim in arrecting him for lettering on Sept. 2, and that he struck him in the face.
The Birmingham age-herald., 1924-10-21
LOCAL DATA
WINDS

East Gulf: Diminishing northwest and geather generally fair Tuesday. West Gulf: Fresh northwest and north lxcept moderate variable over northwest |ortions, and weather fair Tuesday. Caribbean Sea and Windward Passage: |foderate south and southwest except fresh rest and northwest over over northwest |ortion and weather partly overcast, prob bly local rains Tuesday. Sandyhook to Hatteras: Strong north
 rest and north, and weather fair Tues lay
 Hatteras to Florida Straits; Fresh |ortheast and weather generally fair over |Orth portion and strong shifting gales yer south portion with overcast showery
 leather Tuesday. Advisory 9:SO D. m:
The Birmingham age-herald., 1924-10-21
UNIONS PERMFTTED

NEW YORK, Oct. 20-FOur New Fork banks have conceded the right f employees to organize in labor unions, ccording to a statement issued by Ernest Bohm, secretary of the Book keepers, StenOgraphers and Account nts union. Among them is the Fed IraI Reserve bank.
The Birmingham age-herald., 1924-10-21
FEATURT STORY.TELLING

A storytelling hour at 6 80 o'clock every evening beginning Monday, is to be one of the features of the revival services, which started at the NorwoOd Baptist church Sunday night. The sessions will be open to all children un- der 16 years of age and are in charge of Rev. Pat Alderman of the Ruhama Baptist church, who also leads the sing ingA<
 Age-Herald Want Ads will exchange what you have and don't want for what you want and don't have.
The Birmingham age-herald., 1924-10-21

mine or not. I must see the Tumulty challenge in print and have time to consider. If I decide to make a state ment, it will doubtless be tomorrow and I will be glad to give it. I have al- ready admitted making a speech at the klonvocation."
The Birmingham age-herald., 1924-10-21
STORM WARNINGS

Hurricane center passing Inland over ort Meyers. It will probably reach east oast near Jupiter inlet Tuesday fore oon Caution advised vessels of east florida coast next 24 hours. storm warn
 ngs rown north of Cedar Keys to Apa- hchicola.
The Birmingham age-herald., 1924-10-21
SHIPPING NEWS
 OF MOBILE PORT

MOBILE, Ala, Oct. 20.-(Speciai Leased Wire.)-Arrival of three ships and the sailing of two marked port activities during the weekend. Two of the vessels arrived Sunday and the third Monday, while one left port today and the other Sunday.
 After springing a leak while on her way to Gibar with a cargo of lumber, the American schooner Harrison T. Beacham, owned by Captain l.. A. Scott, came into port yesterday for repairs.
 Ida, Norwegian, Aluminium Line, ar rived in port Sunday from New Or leans with a cargo in transit. She will begin loading for 21erto, Colombia, Port of Spain and Paramaribo and is scheduled to sail tomorrow.
 Today's arrival was the Ossabaw, Mallory Lines, which arrived here from New York. She will sail Thursday of this week for New York via Tampa.
 Katrinka, Luckenbach, cleared Sat- urday and departed Sunday for New Orleans with a cargo in transit. Mobile Liners are agents for the vessel. She will carry cargo to ports along the Pacific coast.
 Marita, Norwegian, Thomas M. Ross & Company, was the other departure, going to Port Au Prince with cargo.
 It was learned today by shippers that the 1sthmian Line will send the steam CT Craster Hall from this port to Cape town and East London on November l.
The Birmingham age-herald., 1924-10-21
COFFEE FUTURES

NEW YORK, Oct. 20.-Coffee futures were higher today on reiterated reports that coming crop respects had been in jured by drought. The market opened points lower to 30 points higher and sold up to 1S48c for March, making new high records for the season on that and later deliveries. March closed at 1S.39c, the general market showing net ad- vances of 10 to 28 points. Sales were estimated at 51,000. Closing quotations: October, 19.47c; December, 1S.85c; March, 18.39c; May, 17.S9c; July, 17.45c; Senfemher 16 97c
The Birmingham age-herald., 1924-10-21
WALL STREET BRIEFS

October traffic on the St. Paul rail- way will be substantially ahead of last year and indications point to improved conditions also in November and De- cember, according to H. E. Byram, pres- ident.
The Birmingham age-herald., 1924-10-21

With the declaration of the regular quarterly dividend of $1.25 on the com mon shares of Stewart-Warner Speed ometer Corporation today it was an- nounced that the cOmpany's earnings in the third quarter were equivalent to $1.37 a share, compared with $1.0S a share in the preceding quarter and $S.39 share in the corresponding period of 1923. & 9'
The Birmingham age-herald., 1924-10-21

NEW YORK, Oct. 2O.-Cotton ruled 20 to 80 points easier today with pres sure coming from hedge selling and liquidation by over Sunday longs and support from trade fixing prices. Weath- CT was good and storm ceased to be a factor because it's direction probably meant rain only for the extreme south eastern portion of the belt or on the South Carolina and Georgia coasts. The Texas spot basis was reported easier. General outside business was light and traders apparently are awaiting Satur- days government figures.-John F. Clark & Go.
The Birmingham age-herald., 1924-10-21

nounced an offering of common stock to employees at 68 a share, limiting in dividual subscriptions to five shares. Payments would be permitted on an in- stallment plan by which employees pre- viously have been able to buy preferred stock The company's common shares recently have been selling on the stock exchange above $70 a share.
The Birmingham age-herald., 1924-10-21

The American Brass company has ad- vanced prices of sheet brass one-quar- ter cent; eamless brass tubes half cent and sheet copper quarter of a cent.
The Birmingham age-herald., 1924-10-21

The Moon Motor Car company to date has earned the annual dividend of $3 a share, according to an official of the company, who estimated 1924 earnings would be slightly better than $4 a share This would compare with $4.65 share in 1923 and $5.01 share in 1922. The company has no bank loans. A deci- sion on the pending merger with Gard ner Motors is expected in a few days.
The Coconino sun., 1924-10-24

g P. H. Nelson and wife spent Sun
day down in the Sedona country.
Why not have that picture framed :?
We will do it. Furniture department
at Rabbits.
See me before you buy, burn or
die.-W. B. Raudebaugh, real estate
and insurance.
For the cleanest and coolest eating
place and best meals for the money
try Griff's Chocolate Shop.
Friday, October 81 and Saturday,
November lat the Woman's club
house-the big annual bazaar.
Jimmie Turpin will leave the last
of this week for Phoenix, then go to
Texas to visit home-folks and take in
the state fair at Dallas.
Cookies of all kinds, Is cents per
dozen. Ask your grocer for them.
Baked by Knoles Bros. 9 N. Beaver.
We handle all kinds of rentals
ALI. Dickinson & Son.-Adv.
The Coconino sun., 1924-10-24

Steam heated storage place for your
car at Webber Bros Garage.
The Woman's club bazaar will be
held at the club house Friday, October
81 and Saturday, November 1.
Mrs. Winifred Lynch returned last
week, Friday, from her old home in
Chicago where she spent the summer.
Doughnuts, cinnamon rolls Bismarks
and all sweet rolls, 25c per dozen.
Knoles Bros. Bakery, 8 N. Beaver st.
Artistic picture framing Wide va
riety of mouldings for you to select
from. Furniture department at Bah
bits.
Mr.. and Mrs. John w. Weatherford
leave the last of this week to spend a
month in Phoenix and other Arizona
towns farther south.
We serve a real Chinese chop suey
every Monday. Three-course chicken
dinner every Sunday. rs cents.
Griff's Chocolate Shop.
The Coconino sun., 1924-10-24

News papers and magazines now
on sale in Babbitt Brothers drug de-
partment.
a Flagstaff visitor yesterday. Mrs. 6:
w. Mitchell of Williams accompanied
Mrs. Miller.
See me before you buy, burn or
die.-W. B. Raudebaugh, real estate
and insurance.
Second hand furniture taken in ex-
change as part payment on new at
furniture department, Rabbits. =
r. o. Carroll, through Attorney
Frank Harrison, has filed garnishee-
ment suit against M. c. Morgan.
When you see me don't think of in
surance. When you think of insur-
ance see me. Tom Mccullough
The Dillman family is moving back
this week from their mountain ranch
to spend the winter at their home in
town.
The annual Christmas bazaar will
be held at the Weman's club house
Friday, October 81 and Saturday, No
vember Don't miss it.
The Coconino sun., 1924-10-24

Steam heated storage place for your
car at Webber Bros Garage.
We repair furniture. Fine, first
class work. Furniture department at
Rabbits.
News papers and magazines now
on sale in Babbitt Brothers drug de-
partment.
Buns, parkerhouse rolls, napkin
rolls, zoe per dozen. Knoles Bros.
Bakery. 9 N. Beaver street.
Charles Medaris and Mae Slane,
both of Flagstaff, were married few
days ago by Judge J. E. Jones.
When you see me don't think of in
surance. When you think of insurr
ance see me. Tom Mccullough.
When you are looking for real
meal come and try one of our special
K. C. sirloins.-Griff's Chocolate Shop.
S. S. Acker, one of Flagstaff's old
est and best known citizens, who went
to Hot Springs, Ark, few weeks ago
for the benefit of his health, is re-
ported to be getting along very nicely.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1924-10-03
SEA listed INDEPENDENTS.
TRABAJE PARA 81 MlSMO
pAnrE a1-EspEcIAlIpADEs pE eooLNA


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