davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-10-12
Clearing House Statement

NEW YORK, Oct. 1.-The actual condition of clearing house banks and trust companies for the week show an excess in reserve of $6,646,3 300. This Is a decrease in reserve of $35, ,523, 40 com pared with last week.
 The statement follows: Loans, discounts, etc, 5,465,O74, 900; decrease, S7S,254,000
 Cash in own vaults:
 Members Federal Reserve bank, $50,- 5Os, 900; increase, 205,000.
 Reserve in Federal Reserve bank of member banks, $6O9, 9,44S,0O0; decrease, &4S, ,46s, 900.
 Reserve in own vaults: State banks and trust companies, | SS, 437, ,O00: decrease, $56,0O0. Reserve in depositaries: | State banks and trust companies, $9,- S56. 900; decrease, $494, ,000.
 xNet demand deposits, $4,626, ,e40, ,o0o; decrease $67, ,427,000.
 Time deposits, $592, ,21O,00o; increase, Circulation, $32, 2,s1s OOO; decrease, $S4,- xUnited States deposits deducted, $s5.- 5OS,000.
 Excess reserve, S6,646,3o0; decrease, $35, ,523, ,410.
 Summary of state banks and trust companies in Greater New York; not included in clearing house statement:
 Loans, discounts, etc, $927, ,052, 500; de- crease. $7,027.000.
 Gold, $4,2O6 500, decrease, 441,100.
 Currency and bank notes, $22, ,614 500; increase, $1,S29, 400.
 Deposits with Federal Reserve bank of New York, $S1,514,2OO; increase, $780, 400.
 Total deposits, $99l l,sO5,2OO; increase q, ,s53, 200.
 Total deposits eliminating amounts due from reserve depositaries and oth' CT banks and trust companies in New l York and United States:
 Deposits, $936, ,107, 300; increase, $6'69S''
 Ranks: Cash in vaults, S32, 2,672, 200.
 Trust companies: Cash in vaults S75, ,663, 200.
The Birmingham age-herald., 1924-10-12
STOCK VALUES
 YIELD GROUND . IN BRIEF SESSION
Sharp Breaks Occur In Specialties - Political
 Uncertainties Blamed

NEW YORK, Oct. 11.-stock prices again yielded to selling pressure in to- dayts brief session of the market, while better support was offered for the stand ard industrials, some sharp breaks LOOK .t,lace in the specialties, for which there igaa thin market. Fridays reaction having carried the general average or prices below it's previous resistance point. several commission houses urged their customers to take profits, which accounted for the heavy selling in the first hour.
 Recent selling in the face of favor able trade news has been somewhat Of a mystery to Wall street traders, who were Inclined to attribute 1t to political uncertainties. This seems to be borne out by the apparent unwillingness Of many investors and spectators to enter the market until the election results can be definitely forecast.
 United States Steel common closed un- changed at 107 after having dipped to 1o6ss Baldwin closed fractionally low ser at 119N and American Can and Studebaker showed small fractional gains. Motors were in fairly good de- mand at the close, Willys-overland pre- ferred advancing 1h points, Maxwell A moving up a point and several others raflying briskly from their previous low prices.
 Sinclair Consolidated oil preferred turned weak in the last hour, dropping { points to a new low record at 7s. American Bank Note and and s. s. Kresge dropped Il and 10 points, respec- lively, each on one sale. Other weak spots included the Commercial Solvent issues, Standard Milling, and American Zinc preferred, off 2 to points.
 General Electric, which has dropped ahput 40 points in the last. two months, developed better support in today's ses- sion, rallying from its low of 243A to 24e% and then easing to 245h, where it was up 2h on the day. Moderate strength also was shown by Advance Rumley, National Biscuit, National Dairy Products and Consolidated Gas of Baltimore, up 1 to 2 points.
 Trading in rails was rather sluggish but the net changes were largely of a fractional character. Nickel Plate com mon was hammered down to 104h. but rallied later to 106H for "a net loss of only E on the day.
 Foreign exchanges eased slightly with trading quiet. Profit taking in sterling sent demand bills down nearly half a cent to below $4.49, while French francs again yielded below 5.20 cents. Japan csc exchange, which has been heavy most of the week, developed firmeT tone.
The Birmingham age-herald., 1924-10-12
|32 TO 40 POINTS
 LOST BY COTTON
Declines Caused By Fla vorable Weather Re
 ports From South

NEW YORK, Oct. 11.--More favorable weather reports than expected from the south and prospects for continued increase in the movement of cotton to market, seemed to be chiefly respon- sible for a further decline in prices here today. December sold off to So.2Sc' making new low ground for the move ment and a decline of 40 points from yesterdays closing quotations. The close was at that figure, the general market closing weak at net declines of g to 40 points.
 The market opened easy at a decline of IA to IS points owing to the good weather map and relatively easy Lfv- erpool cables. There was no sign Of the predicted showers in the south. which was e disappointment to some of Fridays buyers and accounted for part of the early selling. The early action l of the stock market was regarded as in- dicating that the signing of the German loan contract might have been dis counted in a speculative sence and this may have been another factor on the decline.
 After showing net losses of about 20 to 30 points, prices rallied partially on covering, but weakened again in the late trading under renewed liquidation, hedge selling and selling by houses with Liverpool connections. October broke to 24.20c and January to 23.35c, making net declines of 30 to 40 points on the active positions and a decline of about 2A to 2z cents per pound fnom the higher prices of last Wednesday morning. Local brokers seemed uncer- tain whether the selling on the better weather was so much due to the pos sibility of an increase in crop estimates, as to the expectation of increased offer ings in the south. The decline was &C., companied, however. by talk of prob able favorable report on crop condition | and indications on October 26, which will give the. progress of the crop up to October IS.
 The amount of cotton on shipboard awaiting clearance at the end of the week was estimated at 153,000 bales, against 116,000 last year.
 NEW YORK coTToN
The Birmingham age-herald., 1924-10-12
BOND MARKET
 REMAINS FIRM
Dullness Characterizes Dealings With German
 Loan Main Topic

NEW YORK, Oct. 11.-Pre-holidsy dullness characterized today's bond market, prices in the general list hold ing relatively firm. With the German loan coming Tuesday, most bond deal Iers busted themselves getting ready for gigantic offering. the outpouring of advance subscriptions being unusually large.
 Chief interest in the listed issues centered in the further recovery of the St, Pauls, the As of 1925, which have borne the brunt of recent selling, nov ing up IS points. Louisville and Nash vile Is closed a point higher. The Katy" issues were heavy.
 Changes in the industrial group were small and unimportant. Public utilities were heavy. but except in the case of Third Avenue adjournment 5s. which dropped a point, the net losses. as a rule, were held to fractions. Announce ment was made that a $12,500, 900 offer ing of Detroit Edison general and re- funding mortgage 6s, due in 194s, would be offered next week.,
 United States government bonds held firm. French & and Netherlands 6s each gained h, changes in the other for eign issues being small and unimpor- tant. 3e
The Birmingham age-herald., 1924-10-12
LIyERPnoL COTTON

LIVERPOOL, Oct. 11.-Cotton spot moderate business; prices steady; strictly good middling, 14.s4d; good mid ding, 14.49d; strictly middling, 14.24d; middling, 14.04d; strictly low middling, 13.s4d; low middling, 13.34d; strictly good ordinary, 12.94d; good ordinary, 1284d. Sales, 1000 bales, including 2,20O American. Receipts. 5000 bales, includ- ing 1,500 American. Futures closed quiet; October, 13.6Sd; December, 13.43d; January, 1S.45d; March, 13.47d; May
 1S.4Sd; July, 13.8Sd; September, 12.S1d
The Birmingham age-herald., 1924-10-12
SALE OF RAILROAD
 TO BE REOPENED
New Owners Fail, To Agree On
 Trackage Rights

MOBILE, Ala, Oct. 11.-(Special.) The case of the sale of the Beaumont Hattiesburg branch of the Gulf, Mobile and Northern railroad to the Bon, Hcm- mic an Hattiesburg Southern company, is to be reopened by the interstate commerce commission as a result of fail ure of the Mississippi Central and the new owners to reach an agreement over trackage rights over the line.
 Notice that the case had been re. opened and that the hearing would be held at Washington October IS, was received in Mobile today at the office of the traffic department of the cham. Der of commerce. The oral argument in the case is set for October IS.
The Birmingham age-herald., 1924-10-12
DRY GOODS

NEW YORK, oct 11-New prices on dressed ginghams by the Amoskeag company began the spring season of 1925. Other lines will be priced early next week. The new basis Is the same as the fall price but 21a cents under 1924 spring openings. Cotton goods were steady throughout the day. The new gingham prices were believed to have stabilized the finished goods mar kets. Yarns were quiet and steady. Raw silks were stronger, advanced of 20 cents a pound having been registered in the past few days. Further advances were made in minor lines of mems wear for spring following a steady trade. Linens were more active. Monday will be observed as holiday in the local market.
The Birmingham age-herald., 1924-10-12
OnEEEE EI1ruRrs

NEW YORK, Oct. 11.-A further ad- vance of 10 to 27 points at the opening of coffee futures today was followed by moderate reactions under releasing. March contracts reacted from 1Sc to 17.S0c and closed at that level, the gen. eral market closing net unchanged to IT points higher. Closing quotations: December, 1S.45c; March, 17s0c; May, 17.S5c; July, 16.s5c; September, 16.5Oc.
 Spot coffee quiet; Rio Is, 19%c; San tos As, 241S @25c. Cost and freight of fers included part Bourbon Ss and 5s at 23kc.
 Rio exchange on London unchanged Dollar buying rate 10 reis lower; Rio market $50 to 1,O05 reis higher; Santos 2,000 to 2,5O0 reis higher. Brazilian port receipts. 71,OOo; Jundiahy. 10000.
The Birmingham age-herald., 1924-10-12
NAVAL STORES

SAVANNAH, Ga, Oct. 11.-Turpen- tine steady, so%c; sales, 200; receipts, 446; shipments, 426; stock, 12,906.
 Rosin firm; sales, 1899; receipts, 1, ASA; shipments, SIT; stock, 1O6, ,366.
 Quote: B to M, $5.65; N, $5.75; we. $6.50; wv, x, $7.20.
 JACKSONVILLE, Fla, Oct. 11.-Tur- pentine firm, S1@s1hc; sales, 4O9: re- ceipts, 3S6; shipments, 169; stock, 30 O.276.
 Rosin firm; sales, 1,129; receipts, 1. .4S1 i: shipments, S,502; stock, 122,291.
 Quote; B to F, $5.50@5.6O; G to I, $5.60; K, $5.55@6.60; M, $5.60@562h; N, S5.1O@6sO; VIC, s66o; wv, $7SO; x,
The Birmingham age-herald., 1924-10-12
COTTON sEED OIL

NEW YORK, Oct. 11.-Cotton seed oil was unsettled today with the bulk of trading in May delivery, Prices moved up to 15 points at one time on buying by the west and south but subsequently slipped back, when cotton and grains showed signs of heaviness. Closing bids were points lower to net high CT. Sales, 7,6O0 barrels. Prime crude, $S.75@9.OO; prime summer yellow, spot S11 bid; october closed $11.10; Decem- Der. $10.6O; March, $1O75; May, $1O.92, all hid
The Birmingham age-herald., 1924-10-12
EnREIGN EXCHANGES

NEW YORK, Oct. 11.-Foreign ex changes steadyt quotations in cents Great Britain demand, $4.4s%; cables S4.4s 11-s; 6O-day bills on banks, $4.49B France demand, 519; cables, 5,19k Italy, 4.36 and 4.36h; Belgium, $4.77A and ATS; Germany (per trillion), 23h Holland, 39O6; Norway, 14.2S; Sweden 26.60; Denmark, 17.59; Switzerland, 1920 Spain, 1344; Greece, 1.74; Poland, 1874 Czechoslovakia, 2.99A; Jugoslavia, 1.4S Austria, .OO14b; Rumania, .54; Argen tina, 37 Brazil, 11.55; Tokyo, Ss. Montreal, 99 31-32.
The Birmingham age-herald., 1924-10-12
WALL STREET BRIEFS

FIotation of the international loan to Germany is expected by bankers to be followed by a large amount of new financing of all descriptions.
 Operations of the Warner Sugar cor poration will show a loss for the 1924 season, it was officially stated today. The company, however, has arranged with it's banks for additional credits sufficient to provide for requirements. Warner Sugar bond issues broke sharp 1 ly yesterday.
The Birmingham age-herald., 1924-10-12
SHEAR MARKET

NEW YORK oct. 11.-Raw sugar fu- lures were quiet today but the under tone was steady and closing prices were unchanged to points net higher on covering for over the holidays. Decem- Der closed S.ssc; March, 3.S2c; May, 3.31c; July, 3.40c. The spot, raw and refined sugar mar. kets were closed.
The Birmingham age-herald., 1924-10-12
POTATO MARKEr

CHICAGO, Oct. 11.-Potatoes trading improved slightly; market steady on ohios, weak on white; receipts, s5 cars; total United States shipments, 1,O43; Minnesota and North Dakota sacked Red River Ohios, 95cQ$1.O5; Minnesota and Wisconsin sacked round whites, 70 @s0c; few, S5c; Minnesota sacked early Ohios, S5c; Wisconsin bulk round whites, 75QS5c; few bet, soc; Idaho sacked rurals, $1.5O.
The Birmingham age-herald., 1924-10-12

Transactions in railroad securities on the New York Stock exchange since the first of the year aggregated 87,605,300 shares. Should the September average be maintained 1t is estimated the vol ume of 1924 trading will exceed any year since 1912, when transactions were about 63, ,000, 900 shares. Total rail trans action in 1912, the record year, were Al, ,S97, 800 shares slightly more than 76 per cent of the trading on the exchange.
The Birmingham age-herald., 1924-10-12

NEW YORK, Oct 11-Raw silk firm. Prices per pound: Kansai double extra cracks, $5.95G6.O5; Kansai best No. l, $5.7OG5.s0; Shinshu No. l, $0.6095.70; Canton extras A, 14-16, $5.704575i shanghai China, steam fil, gold double deer, S725Q7.60.
The Birmingham age-herald., 1924-10-12
MARKETS AT A CIANCE

Stocks heavy; General Electric strongly supported.
 Bonds firm: St. Pauls again rally. Foreign exchanges irregular; sterling holds steady.
 Cotton lower; spot houses selling. Sugar featureless.
 Coffee firmer; firm Brazil cables. CHICAGO: Wheat easy; disappoint- ing export demand.
 Corh barely steady; good weather. Cattle mostly higher
 Hogs unchanged; narrow demand.
The Birmingham age-herald., 1924-10-12
VEGETARLES

CHICAGO, Oct. 11.-Sweet potatoes, Tennessee, hampers, $175@1.Sb. a
 Peppers, Tennessee, hampers, $1.0O@ Egg plant, Florida, crates. $s.5OQ4oO.
The Birmingham age-herald., 1924-10-12
RANK CALI, TSSUED

WASHINGTON, Oct. 1.-The comp troller of the currency today issued a cali for the condition of all national banks at the close of business on Fri daY October 10.
The Birmingham age-herald., 1924-10-12
FTOIJR MARKET

MINNEAPOLIS, Minnr Oct. H. Flour 15 to 200 lower; family patents. Ss OO68.1O a barrel. Shipments, 39, ,b22 barrels. Bran, $25.00Q26.50.
The Birmingham age-herald., 1924-10-12
rnNnnN MnNrX

LONDON, Oct. 11.-Bar silver, 35A pence per ounce; money, PA per cent. Discount rates, short bills, 39-16q3% per cent; three months bills. 8 11-16G3% per cent.
The Birmingham age-herald., 1924-10-12
Bond market averages:
RICE MARKET

RICE MARKET NEW ORLEANS, Oct. 11.-Rough rice steady; no sales; receipts, s,5s4; millers' receipts, 3,224 sacks.
 Clean rice steady; sales, S53 Honduras eA @6Mc; SIT Japan, 5kc; 1,64s Blue Rose, 5%c; 38s Edith, 6k66xc; a20 screenings, 4h@4%c; 924 brewers rice, 2A @3c. Receipts, 2,170 pockets.
 STEEL MARKET NEW YORK; Oct. 11.-Steei prices unchanged. td -*~ tg
The Birmingham age-herald., 1924-10-12
NEW YORK CURB

NEW YORK. Oct. 11.-Following is the official list Of transactions the New York Curb Exchange giving all stocks and bonds traded in:
The Birmingham age-herald., 1924-10-12

NEW ORLEANS, Oct. 11-Spot cot ton steady, 45 points down. Sales on the spot, 70O to arrive, 300. Low mid ding, 21.20c; niddling, 23.20ci good mid ding, 28.7oc; receipts, 9,O14; stock, 174,- 036,
The Birmingham age-herald., 1924-10-12
EI.AX MARX EFT

DULUTH, Minn., Oct. 11.-Close flax: October, S2.45Js; November, $2.45; De- cember, S2,ssM; May. $2.4e.
The Birmingham age-herald., 1924-10-12
THE BIRMINGHAM AGE-HERALD SUNDAY -ocToBER 1924
NEW YORK BONDS

NEW YORK, Oct lI-Following are today's high low and closing prices of bonds on the New York Stock Exchange. and the total sales Of each '0"' UNITED STATES BONDS
The Birmingham age-herald., 1924-10-12

KANSAS CITY, Oct. 11.-wheat: No. 2 hard, $1.4SA @1.46; No. 2 red, $1.47@ 1.50.
 Corn: No. yellow, s112; No. 2 mixed. $1O7K.
 Oats: No. white, 51c. .
 CHICAGO, Oct. 1i.-Wheat: No. red, $1.54; No. 3 hard, $144h.
 Corn: No. 2 mixed, $1.12N OILS; No. yellow, $1.13A OLA.
 Oats: No. 2 white. 52% @53Ac; No. white, 50@52c. l Rye; No. SIPS. -t
 Barley. s4@gsc. .s. . ;1
 Timothy seed, $4.7596.60.
 Glover seed, $16.50G26.50. s,t%
 Lard, s15.7o ribs, $13.12; bellies, $15.12 NEW YORK, Oct. 11.-Rye easy; No western, 1.42M f. 0. b. New York and $1.40h c. |. f. export. | Pork firm; family, $30Gp32. ...- Lard strong; middle west, $16.25d 1885. Tallow firm; special loose, sac; extra, S%@9c. -s -.. Other articles were unchanged.
 ST. LOUIS, Oct 11.-Cash wheat: No l 2 red, $1.55; No. red, $1.5001.52. Corn: No. white, SLY; No. yellow $114.
 oats: No. 2 white, 56Mc; No. white 53Q54c.
 Close wheat: December, $142A e 1.42as; May, $1.47h. Corn: December, $1.10h; May, $112M Oats: December, 61ac; May, 55c.
The Birmingham age-herald., 1924-10-12
BAR SILVER
RAW SILK

NEW YORK, Oct. 11.-Bar silver 71Mc; Mexican dollars, 54Ac.
The Birmingham age-herald., 1924-10-12
NEW YORK STOCKS

NEW YORK. Oct 11.-FollowinE today's sales high. low and closing prices of stocks listed on the New York Stock Exchangs
The Birmingham age-herald., 1924-10-12

CHICAGO. Oct. 11.-Poultry alive higher; fowls, 17@24Mc; springs, 24c; roosters, 16c; turkeys, 25c.
 Butter higher; creamery extras, 37hc; standards, 35kc; extra, flrsts, 35h @ 36 1-5c; firsts, 33@34c; seconds, 31@31 Mc.
 Eggs unchanged; receipts, 5,646 cases.
The Birmingham age-herald., 1924-10-12
GRAIN AND PROVISIONS
CASH GRAIN

TOLEDO, Oct. 11.--Clover seed, $1775; October, SIS; December, $1790 bid.
 AIsike, old, $12.30; new, $12.55; tim othy seed, $3.25; October, $3.25; Decem- Der, $3, 30. .,-,
The Birmingham age-herald., 1924-10-12
SPOT COTTON

NEW YORK. Oct. 11.-Cotton spot quiet; middling, 24.45c.
The Birmingham age-herald., 1924-10-12
POULTRY AND PRODUCE

NEW YORK, Oct. 1.-Live poultry firm; chickens, by express, 29@32c fowls, by express, 23@34c. l. Dressed poultry steady at unchanged
 Butter firm; receipts, 9,652 pounds Eggs steady; receipts, 11,0oS; nearby hennery whites, closely selected extras 71@73c; nearby and nearby western hennery whites, firsts to average extras 54@70c.
 Cheese steady: receipts, 155,76I pounds.
The Birmingham age-herald., 1924-10-12
INTERIOR MoVEMEMr

Recelpts-Week 4S O98; SeasOn I.y5O.2I9. EXports--Week, 12.116; season, l,l6G,8l5.
The Birmingham age-herald., 1924-10-12

ST. LOUIS, Oct. 11.-Poultry and pro- duce quotations unchanged.
The Birmingham age-herald., 1924-10-12

KANSAS CITY, Oct. 11.-Produce un- changed.
The Birmingham age-herald., 1924-10-12

United States bonds are quoted fin dollars and fhirfv aeronds of dollars.
The Birmingham age-herald., 1924-10-12

NEW YORK C0TT0N NEW YORK. Oct. ll.--Coeton futures closed weak trsnss, tin pT;l
The Connecticut labor news., 1924-03-01

Labor News Service. The Senator said:
 "I can not pass on to the body of my address without saying a word about the splendid services of pri- vate citizen, Harry A. Slattery, of Washington, D. C., who 1 know has contributed in no small measure to the development of this case. For many years as secretary of the Ma tional Conservation Association and later as a practicing attorney, MT. Slattery has been a veritable watch doy of the nations resources. In every contest over these resources he has been on the peoples side, ready and devote his knowledge of these questions to the public service. On more than one occasion during the long fight that has been made on this floor to protect the nations water power, its timber, its ores, and it's oil from ruthless exploitation I have called for Mr. Slattery's assistance and I never found him wanting"
 Unemployment's terrible results are vividly illustrated by reports from Vienna telling of an epidemic of suicides in the Austrian capital. Most of the suicides were attributed to the widespread unemployment. Tn one day alone, eleven persons took their lives.
 American workers can congratulate themselves that thanks largely to or ganized 1abor's refusal to accept wage slashes in the years following the Armistice, there has been no pro- longer period of unemployment in this country, as has been the case in Europe If there had been wide spread and long continued unemploy ment here, the papers would doubt less be reporting epidemics of sui cides from American cities, as there is nothing that tends more toward the despair which leads to suicide than unemployment, stretched over weary months and years.
 Reports from Germany tell of the appointment of Fraulein Lisa Tetz- ner, a former school teacher, as "of-
The Connecticut labor news., 1924-03-01

hcial fairy story teller" Fraulein Tetzner's job is to go from city to city, telling fairy stories to the boys and girls who begin to toll in Ger many's mines and mills at an early age. The government thinks that the fairy tales will bring little romance into the dreary lives of the youthful child workers.
 As yet, the United States hasn't any official fairy story teller but it has plenty of unofficial spinners of fairy tales. The leaders in this kind of story telling are the "open shop pers" and their publicity men. Their wild yarns beat anything that Ger many's official romancer can tell and lead to the conclusion that Germany hasn't anything on the United States when 1t comes to romantic stories.
The Connecticut labor news., 1924-03-01
By The Way

Masterly inactivity followed by spasms of near mysteries describes the action of Congress in the oil lease scandals. Many months ago, facts had been unearthed which showed that Teapot Dome and other oil lands invaluable to the nation in time of war were be- ing given to oil companies for their own profit International Labor News Service told the story in detail and 1t was printed in the labor press all over the United States. Organized labor demanded action but Congress refused to get excited.
 Now, long after the oil grabs were put through, Congress suddenly wakes up to the fact that crime has been committed. The result has been flood of fevered oratory, coupled with action that is far from judicial and which gives certain accused men the opportunity to intimate that they are being persecuted.
 If Congress had acted with deter imitation and vigor but without hys- terics, when the oil grabs were first exposed, better results would have been obtained and the oil reserve lands would again be in possession of the Government.
 Verify, Congress is queer animal! *
 Senator La Toilette paid deserved tribute to Harry A. Slattery of Wash tington, D. C., leader in the fight to protect the oil resources of the na- ton from the clutches of greedy ex- ploiters. Speaking of the Senate on the resolution calling for the resig- nation of Secretary of the Navy Denby, Senator La Toilette expressed his appreciation of the work of MT. l Slattery, who has contributed articles on the oil scandals to International