davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-10-19
RANK CTEARTNGS


 NEW YORK, Oct. 1S-The actual condition of clearing house banks and trust companies for the week Give days) show an excess in reserve of $36,- ,6S0. This is an increase of $29,- ,3sO, compared with last week. The statement follows: Loans, discounts. etc, $5.459, 2O5,OoO; Cash in own vaults members Federal Reserve bank, $4s,97s,oOO; decrease, Reserve in Federal Reserve bank of member banks, $641, ,794, ,000; increase, $32, ,346, 900.
 Reserve in own vaults, state banks and trust companies, $S,327,OOO; de- crease, $110,000.
 Reserve in depositaries, state banks and trust companies, $11,4S7,0O0; in- crease, $1,5S2,000.
 xNet demand deposits, $4,657, 2O00; increase, $31 ,032, 900.
 Time deposits, $59S,549,OOO; increase, $1, ,389, ,O00.
 Circulation, $s2.2ss, 900; decrease, ss1,- 900.
 xUnited States deposits deducted, Aggregate reserve, S661, ,65s,O ,OOO. Excess reserve, $36,392,6sO; increase, $29, ,746,3sO. Summary of state banks and trust companies in Greater New York net fh- cluded in clearing house statement: Loans, discounts, etc., $945, ,693, 400; increase $1s,S40,600.
 Gold, $4,1S4, 300; decrease, $21, 800. / Currency and bank notes, $22, ,205, ,O00; decrease, $40S, 300.
 Deposits with Federal Reserve bank of New York, 92,121 ,500; increase, $10,- GOT, 300.
 Total deposits, $1, ,2O6, ,OSO, 500; increase, $28, ,225,40O.
 Total deposits eliminating amounts due from reserve depositaries and other banks and trust companies in New YorH and United States;
 Deposits, $96s,sss,3O0; increase. $22,- 291, ,000.
 Banks: Cash in vault, $34 ,629, 500. Trust Compahies: Cash in vault, $SS,- Ss2, 400.
The Birmingham age-herald., 1924-10-19
BOSTONIAN HELPS
 SAVE CATHEDRAL
Bemis Gives $25,OOO To Restore
 Historic British Edifice s-
(RY Associated Pressl

LINCOLN, England, Oct. 1S.-The fund for the strengthening and repair of Iincoln's glorious thirteenth century Gothic cathedral has been increasing by donation of $25,000 from A. Far well Bemis of Boston, who has long been interested in the work which has been going on here for the past several years.
 It was discovered ten years ago that Lincoln Cathedral, the Angel Choir of which Ruskin declared to be as fine q piece of thirteenth century architecture as the world holds, was in danger of collapse. Great rifts and cracks in the towers and walls of the fabric were traced to an unusual phenomenon in England. This was an earthquake back iu medieval times, whose ravages on the cathedral structure were not disclosed until a few years ago.
 The work of strengthening this medieval fabric is accomplished by pumping liquid cement into the cracks and Assures.
The Birmingham age-herald., 1924-10-19
ECHOLS SPEAKS
Official of EpwOrth League Visits
 Athens

ATHENS, Ala, Oct. 18.-(Special.) ) The Epworth League chapters of the First Methodist church of Athens had with them Tuesday, Rev. William Gra- ham Echols, the executive secretary of the North Alabama conference. In the ofternoon representatives from the three chapters listened to a talk by Bro. Echols on Epworth League work, and in the evening he conducted round ta- ble discussion on Epworth League methods with the officers of the senior and intermediate chapters and others.
The Birmingham age-herald., 1924-10-19

This system or rotation is to be put in force by one of the largest b a n King institu- tions in the United States, The Bank of Italy, Calif.
 A. P. Gianini, the founder and dy- namically energetic upbuilder of this remarkable bank, with it's scores of branches and re- sources of $350,- .0O0, 900, today steps
The Birmingham age-herald., 1924-10-19
VEGETABLEs

CHICAGO, Oct. 12.-Sweet potatoes, Virginia barrels. SS.50Q3.75; Tennessee hampers, $1.50Ql.65.
 Peppers. Tennessee hampers, $1.OO@ 125.
 Egg plant, Florida crates, $3.50@4.00.
 Shallots, Louisiana plances, 20-dozen barrels, $12@14.
The Birmingham age-herald., 1924-10-19
LIVERPOOL COTTON

small business done; prices steady, 14.73d; strictly good middling. 14.23d; good middling, 13.SSd; strictly mid ding, 13.6Sd; middling, 1S.43d; strictly low middling, 13.23d; low middling, 12.73d; strictly good ordinary, 12.33d; good ordinary, 11.73d. Sales, 2,o00 bales, Including 1900 American. Receipts, II, 900 bales, no American. Futures closed steady; October, 13.1Od; Decem- Der. 12.s5d; January, 1299d; March, 1s.O5d; May, 13.O9d; July. 12.9sd; 'Sep- tember, 12.57d.
The Birmingham age-herald., 1924-10-19

$7.oO@s.OO; cull lambs, $5,Oo@6.OO; sheep, $1.0004.50.
 CINCINNATI, Ohio, Oct. 1s-Hogs: Receipts, 1,500; slo wand steady, 10 to 25c higher; pigs, 50c higher; heavy, $11.50; packers and butchers, $11259 11.5O; medium, $9.75@1O.25; stags, $500 @sOO; heavy fat sows. s6.Oo@1O.00; pigs and lights, $5.0OQ9.75.
 HORSES AND MULES
 EAST ST. LOUIS, H., Oct. 1S.- Horses and mules unchanged.
The Birmingham age-herald., 1924-10-19

possibility of a gulf storm, weather conditions were excellent, and there is on change in local sentiment, which remains bearish. Liverpool futures are due Monday; December, 1S.O1d; Janu- ary, 13.05d.-Hubbard Bros. & Co.
 NEW YORK, Oct. 1S.-The feature of the short session was the publication of new pars, which was construed as bullish. On the advance which followed cotton bought yesterday in anticipa- tion of a reduction in these figures was for sale on the advance. The new figures cannot be said to lessen the confusion and uncertainty over the forthcoming report and the desire to have an even position is likely to be more marked than formerly. The basis was reported firmer in the west, with producers unwilling to sell at the pres ent level. Sentiment here in the main is bearish but on good setbacks we prefer purchases for scalping profits until after the next report is out of the way.-Fenner & BeaAe to Kahn & Virgin.
The Birmingham age-herald., 1924-10-19
MARKETS AT A GLANCE TEUU VnpX. 9tocLra afr0DC. invest

NEW YORK; Stocks strong; invest ment rails lead advance.
 Bonds firm; treasury 4l<s at record high.
 Foreign exchanges steady; trading continues quiet.
 Cotton steadyl fears tropical storm. Sugar easy; commission house selling. /Coffee higher; Brazilian buying. CHICAGO: Wheat lower; favorable Argentina reports.
 Corn higher; foreign buying. >. Cattle irregular.
 Hogs steady.
The Birmingham age-herald., 1924-10-19
BANK OF ITALY
 PLANS ROTATION
 OF ITS OFFICERS
All Executives To Have
 Opportunity To Serve ~ As President
By B. c. FORBES

v By D. 0. FORBES
 should the biggest business jops go round?
 ShouId the principal executives in each large organization be given op- portunity to fill the presidency in turn?
The Birmingham age-herald., 1924-10-19
POTATO MARKET

CHICAGO, Oct. 1S.-POtatoes steady good stock; receipts 94 cars; total United States shipments, 1,444 cars; Minnesota and North Dakota sacked Red River Ohios, $1.0Q@1.10; Minnesota sacked round whites, 75@90c; few best, 95c; South Dakota sacked early Ohios, 95c 9$1.O0; Wisconsin sacked round whites, best, 75@9Oc; poorer, 5007Oc: bulk, 75@ soc; few, 95c; poorer, 5O070c; Idaho sacked russets, $1.5O; sacked rurals, $1.40; Colorado sacked Peoples russets, $1.75.
The Birmingham age-herald., 1924-10-19
NAVAL STORES

JACKSONVILLE, oct. 1s.-Turpen- tine firm, sOAc; sales, 166; receipts, 260; shipments, Ill; stock, 32,s92.
 Resin firm; sales, 602; receipts, S14; shipments, BIO; stock, 116,924.
 Quote: B to H, $6; I, $6.0e@6.02h; K, $6.OOQ6.o2h M, $6.O0@6.25; VIC, S6.9O; wv, $7.50.
 SAVANNAH, Ga, Oct. 1s.-Turpentine steady, soc; sales, none; receipts, 463; shipments, 126; stock, 12,407.
 Resin firm; sales, 1,578; receipts, 1,4S2; shipments, 7s; stock, 1O,057.
 Quote: B, D, E, $5.95; F to K, $5.950 600; M, $500; N, $6.2O; we, $6.75Q6.9O; wv, g. 45Q7.50; x, $7.SO.
The Birmingham age-herald., 1924-10-19
SPOT COTTON

NEW ORLEANS, Oct. 1s.-Spot cot ton steady, 15 points up. Sales on the spot, 3sO bales; to arrive, 750; low mid ding, 20.65c; middling, 22.65c; good mid ding, 2S.15c; receipts, 7,Os2; stock, 211,- 036.
 NEW YORK, Oct. 1s.-Spot cotton quiet; middling, 23.7Oc.
The Birmingham age-herald., 1924-10-19

FLOUR MARKET MINNEAPOLIS, Oct. 1S.-Flour un- changed; bran, $25.OOQ25.5O.
The Birmingham age-herald., 1924-10-19

BAR SILVER NEW YORK, Oct. 1S.-Bar silver, 71Mc; Mexican dollars, 54%c.
The Birmingham age-herald., 1924-10-19
cnrrnN sEEn-n m.

NEW YORK, Oct. 1s.-rhe cotton seed oil market was inactive today but the tone was steady with offers small ow- ing to the firmness in lard and closing prices were unchanged to points higher. Sales, 5,400 barrels. Prime crude, $9; prime summer yellow spot, s1O.50; october closed $1115i December, $10.57; March, $10.72; May, $10.91, all bid
The Birmingham age-herald., 1924-10-19

When Roosevelt was President he once declared: "I like my job" Isn't this one of the secrets of success, this being in love with your job? Isn't 1t true that any man who is constantly quarreling with his job finds his job disagreeing with him?
The Birmingham age-herald., 1924-10-19

Objections have been raised by the furniture trade that the figures used are misleading. The department of labor, in it's monthly price statistics. is to change the furniture and house furnishings' classification to house Furnishing goods. Furniture men claim r-and evidently with justice-that the labor departments figures were mis- leading and that furniture is not 50 dear as represented.
The Birmingham age-herald., 1924-10-19

"The boss of Europe" as he has been called, will be initiated into his new duties in the coming week. had a chat with this 32-year-old s. Parker Gilbert as he was about to sail for Germany to become agent general of separations. He remarked: sI am, tack ling what strikes me as the most in- teresting job in the whole world"
The Birmingham age-herald., 1924-10-19

NASHVILLE, Tenn, Oct. 1s.-Cat- tie: Receipts, 100; steady; heavy steers, $6.O0@6.50; beef steers, $4.50@5.5O; heif- CTS, $5.00Q5.50; cows, $3.50@4.50; feed CTS, $4.5OQ5.5O; stocleers, $2.5O@4.5O.
 Hogs: Receipts, 1,5OO; steady 1sO pounds up, $11.0OQ11.10; 135 to 1SO pounds, $s.35@9.6o; heavy pigs, Ss.25 down; light pigs, $7.50 downy throwouts, $8.75 down.
 sheep: Receipts, 100; steady; choice fat lambs, S10.00@11.00; good fat lambs,
The Birmingham age-herald., 1924-11-18
RAILROAD BONDS|
 TAKE NEW SPl)R1
Decline Of U. s. Govern ment Issues Is Feature
 Of Session

NEW YORK, Nov. T.-Conflictind price movements marked today's bond trading, which was featured by fresi spurt in New Haven, New York Cen tral and St. Paul railroad lines and q sharp decline in some of the United States government issues. Resumptior3 of profit taking in various sections of the list brought about slight reces- sion in the general price average. |
 Persistent reports that-the successfuiI completion of the New Haven railroad's| refunding program was assured at anI early date, combined with its steady gain in earnings stimulated accumula-| tion of it's bonds. New high recordsl were established by the convertible 6sl Is and franc Is, on gains of to il points.
 Buoyancy of New York Central shares promoted active hAying of the roads 6 per cent bonds, VI tohnclimbed points to a new top price at 113h and closed A rise of to 2 points in the active St. Paul issues was attributed to prospect of favorable earnings throughout the fall months. Realizing sales, however, reduced recent gains of Frisco, 1nterna- tional Great Northern and Chicago and Eastern Illinois liens.
 Brooklyn Union Gas issues, after be- ing hammered down last week, staged a rally today which lifted prices more than points above Saturdays close. Prices of other public utility and indus trial mortgages moved irregularly.
 Liberty bonds wavered despite the ease of the time money market with the treasury 4As yielding almost # a point.
 Bankers reported $11, 100000 issue of Cleveland Electric Illuminating com pany 5 per cent bonds had been sold at par. Proceeds will be used in fi- nancing the construction of $30,000,- nnn mower nlant at Avon. Ohio.
The Birmingham age-herald., 1924-11-18
WHEAT SUFFERS SLIGHT SETBACK Increase In Visible Supply Total Causes Price
 Sag .

CHICAGO. Nov. 17.-Wheat under went something of a setback in price today after announcement that the United States visible supply total had incres sed to nearly 100,000,000 bushels. The wheat market closed heavy, $ to Mc net lower; December, $1.53h @ 1.53%, and May, $1.60k @1.60%, with corn at M to 1Ac gain, oats E to 3sc up and provisions varying from 12c de- cline to raise of 7@1Oc.
 At the first the wheat market was influenced chiefly by reports of frost in Argentina and by an upturn in quo- tations both at Buenos Aires and Liver pool. Subsequently,, word was received that Argentine had done but little dam age. Profit taking sales here tended also to weaken values, but the enlarge ment of the United States visible sup Div figures appeared to be the chief fac tor in wiping out gains and bringing about the lower prices which ruled dur ing the last part of the day.
 Export demand for wheat meanwhile showed renewed activity, and 1t was es- timated that purchasing for transatlan . tic shipment amounted to 1,500, ,000 bush els. Huge clearances for Europe also were noted, as well as the fact the pri- mary arrivals are smaller than has re- cently been the case. One reason given for the big increase shown in the visible supply total was that wheat heretofore blocking terminal yards is being put into store and therefore bulging out the visible supply.
 Corn displayed independent strength. Gossip was current that very little new corn was grading as well as had been expected in view of the excellent wealth CT of the last two months. Wintry con- ditions today also were an incentive to buy. Oats followed corn.
 Most deliveries of provisions went higher. sympathizing with corn, de- spite A downturn in hog values.
The Birmingham age-herald., 1924-11-18
Stock market averages:
CuRR EXCHANGE

NEW YORK, Nov. 17.-Stock prices moved irregularly higher in today's curb market. The oil shares were reaction ary but the rest of the list pointed to higher ground. Prairie Oil and Gas broke 5 points, Ohio Oil and South Pennsylvania each, while Illinois Pipe, Cities Service common and Buck eye Pipe lost a point or so. Selling of the oils were stimulated by the an- nouncement of a reduction in the divi- dend on Ohio oil.
 Radio shares were among the out standing strong spots in the indus trial list, Radio Corporation common advancing 1 point to a new high at 8, in sympathy with a brisk advance in the new issue of that company on the "big board" Thermiodyne sold at 13 the years high and Dubilier, Freed Eisemann gained 24 to 1 point. Heavy trading again took place in Goodyear Tire and Rubber, which yielded slight ly on profit taking. Considerable ac- tiVity again took place in the new Con- tinental Baking company issues, the stock touching new high at 113 and then slipping back to 110% for a net gain of more than points on the day and the stock attaining a new maxi mum at 223s and then easing to 21%, for net gain of <.
 A jump of 8 points in American Gas and Electric featured the public utili- ties group.
The Birmingham age-herald., 1924-11-18
NEW ORLEANS COTTON

NEW ORLEANS, Nov. 17.-The cot ton market developed a good reaction today, although it started out practi- cally a $1 a bale higher. Under the pressure of rather liberal realizing dur ing which some stop orders were reach ed the most active month eased off 73 points from the high, and, although there was a slightly steadier tone at the end, the close showed little or no recovery from the low points of the day
 Liverpool cables were better than due and as a result December traded up 24.S6c, January. 24.8Sc, and March to 25.15c, or IT to 19 points above Satur- days close. Good hedge selling soon started, however. and this, together with selling in anticipation of a bear ish government report Friday, started prices on the downgrade and this de- clining trend persisted all through the rest of the session with only unimpor- tant and short lived reactions until during the afternoon the market traded down T to "A points below the high points of the morning. There was some show of steadiness at the end and the close was near the low points showing net losses for the day of 51 to 5S points.
 One of the bearish influences of the morning was the issue of an estimate of 13,007,000 bales by big eastern spot house. A decline in wheat added to the desire to sell during the morning but the decline was largely due to a belief that reaction was in order after the big advance of last week which inn paired the technical position of the mar ket.
 Exports for the day were heavy, to- taling 204,803 bales of which Calves ton contributed 116,5SS and Houston 71,- 6S7 bales.
 NEW ORLEANS COTTON
The Birmingham age-herald., 1924-11-18
HALF CENT LOST
 IN COTTON PRICE
Market Closes Barely Steady At 38 to 61
 Points Decline

NEW YORK, Nov. 17.-The cotton market declined about hc today under liquidation by recent buyers and sell ing for the reaction, promoted by talk of some falling off in trade demand and larger private estimates of the crop. January. deliveries broke from 2495 to 2425c and closed at the lowest, the gen. eral market closing barely steady at net declines of 3s to 61 points.
 The opening was steady at an ad- vance of 6 to 15 points ons relatively steady Liverpool cables, reports of frosts in northern parts of the belt. and over-Sunday buying orders which to be partly for trade account. Active months sold about IA to F points net higher after the call, December touching 24.75c and March 25.26c. The demand appeared to be considerably less active and aggressive than last week, however, while the advance met con- siderable southern selling as well as realizing, and prices soon turned easier Enough further covering or trade buy ing later held the decline in check, but offerings increased after the publica- tion of a private report estimating the condition of the crop at about 56 and the indicated yield at 13,007, ,000 bales, compared with an end-October indica tio nof 127S7,000.
 Reactionary sentiment also seemed to find encouragement in reports of a less active demand for cotton goods and the afternoon market was rather unsettled, as if influenced to some extent by the decline in grain and the break in cof- fee. December sold off to 24.03c and March to 24.5Sc, or about 65 to 70 points below the early high figures and 50 to 55 points net lower.
 The big exports reported for the day attracted some bullish comment, but appeared to be without much effect on the immediate market.
 Port receipts today, 119,414; United States port stocks, 1,272,167. Exports, 2o4 ,s03, making 266s,519 so far this sea- son.
 NEW YORK COTTON
 NEW YORK. Nov. l7.-Cotton futures closed NA%A
The Birmingham age-herald., 1924-11-18
. CnFFEE EITI1RES

NEW YORK, Nov. 17.-Coffee futures were unsettled today by reiterated re- ports of an easier tone in Brazil and prices broke the full 200 points permit ted for the day, under heavy general liquidation. The opening was 29 to 54 points lower and prices sold off to 18.35c for March contracts, or 435 points be- low the recent high level before the de- cline was checked by the maximum fluctuation rune. Closing prices were at the lowest under continued offerings, the market showing net losses of 200 points. Sales were estimated at POS, ,000. Closing quotations: December, 1ss9c; March, 1s.S5c; May, 17.s0c; July, 17.15c; September, 1s.52c. Spot coffee dull; Rio Is, 224 @22%c; Santos As, 271hc. Cost and freight offers included part Bourbon 5s and 6s at 27@2Shc.
 As Saturday was a holiday, no fig ures were received on Brazilian re- ceipts. Today's cables reported an ad- vance of 3-32 pence in Rio exchange in London, with a decline of 100 reis in the dollar buying rate. Rio market, 1,7OO to 1,775 reis lower; Santos, 1925 to 1895 reis lower
The Birmingham age-herald., 1924-11-18
STOCKS RESUME
 UPWARD MOVE WITH NEW VIGOR
Both Rail And Industrial Averages Attain New
 Heights

NEW YORK, Nov. 1.-The upward movement in stock prices was resumed with increased vigor in todays mar ket, net gains of 1 to points being scattered throughout the list. Both rali and industrial averages attained new high levels for the year with 50 indi- yidual issues breaking through their peak prices. Buying again spread over a broad list but the best gains were re- corded in the public utilities, railroad, automotive and merchandising issues. Trading was in large volume. the days sales falling slightly below l,7O0,ooo shares.
 The principal news development or the day was the decision of the executive committee of the Missouri, Kansas and Texas Railroad company to recommend the inauguration of dividends at the rate of S5 a year on the preferred stock which will require $1 ,232,500 annually. Net income applicable to such dividends is expected to be in excess of $5,OO0,OOO for the current year. The announce ment, which was not made until after the market closed, undoubtedly was disappointment to many traders who had announced the $7 rate to be estab- lished at the time.
 There was good demand for the high grade carriers in today's market. New York Central touched 119, the highest price since 1912, closing slightly below that figure for a net gain of points on the day. Illinois Central, Southern railway, Missouri Pacific preferred, Big Four" and the Wabash issues also mounted to new 1924 high levels.
 Realizing sales appeared in rather large volume throughout the day, but they were well absorbed. United States Steel common again closed at 115, to within 1s of the years high and then slipped back to 1145s for net gain of A on the day. American Can, which sold as high as 151, fell back to 1491S. Bald win closed more than a point higher at 124as after having touched 125h. General Electric displayed marked strength, selling 10 points above Satur- days close at 2761a and then slipping back to 273.
 A brisk demand for Radio corporation carried that stock up more than 5 points to 40H, a record. Others to sell at maximum prices were H. R, Mallinson, the Maxwell Motor issues, Mack Truck, White Motors, Leclede Gas, Peoples Gas, General Asphalt, Associated Dry Goods, May Department Stores, Kennecott Cop per, International corporation, Famous Players and Savage Arms.
 Oils were inclined to heaviness despite the recent favorable turning in the news. Net losses, however, were held to frac- tions.
 Call money renewed at per cent and then advanced to 21s on the increased demand for stock market purposes. Time money and paper rates wer un- changd.
 The foreign exchange displayed an easier tone. Demand sterling sold off more than a cent to around $4.61h and French francs dropped about points a 5.23c. Most of the other recessions were of a nominal nature
 Inolr nrlro sanr
The Birmingham age-herald., 1924-11-18
SUGAR MARKET

NEW YORK, Nov. 17.-Raw sugar advanced 1sc today to the basis of 5.9Oc duty paid. The only sale reported was $500 bags Cuban to an outport refiner, prompt shipment.
 Except for December, which was high CT on covering, raw sugar furture after a steady start weakened under commits sion house selling influenced by the more favorable weather in Cuba. Final prices were 12 points higher on Decem- Der and ] to 8 lower on later arrivals. December closed, 4.12c; March, 3.11c; May, 3.20c; July, 3.29c.
 Refined sugar was firm and un- changed to Is points higher but busi- ness continued light. Fine granulated Is now quoted from 7.15 to 7.40c.
 Refined futures were nominal
The Birmingham age-herald., 1924-11-18
lNIERIoR MoYEMEMr
COTTON SEED OIL

NEW YORK, Nov. 17.-After an in- different start, cotton seed oil ad- vanced 4 to points today on the bull ish showing in lard, stocks and steadi- ness in that article, but selling by re- liners met poor absorption and the mar ket was to 4 points net lower at the close. Sales, 10SO0 barrels. Prime crude, $S.S71a @900; prime summer yellow, spot, $10.5o; December closed $1o.63; January, $10.63; March, $10.73; May, $1O.S7, all Afd