davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-12-30
COTTON LETTERS

NEW YORK, Dec. 29.-Considering the Liverpool market was due cent a pound higher to equal the American advance during the holidays cables this morning were not far out of line. The trade thought that the foreign market had responded very well to the improvement in America. Our market opened at a sharp advance with more western speculative buying. A part of the advance was lost on realizing but the undertone remained firm and in the early afternoon, the market was again near the best prices of the day.
 Advices from the south report strong spot markets with some difficulty be- ing encountered in filling December commitments for certain character of cotton. Apparently December ship ments this year were larger than had been supposed so that the usual end of the month buying has had more than the usual effect upon prices. The advance in the market over 25 cents, the appearance of some outside buying and the fact that the south is not an eager seller on the advance has good deal modified the bearish feeling so long prevalent in local circles.
 It is probable the market will con tinue strong for the next few days while the balance of the cotton owing on December shipments is scheduled.
 
 January 1S.6Od, March, 1s.4Sd.-Hub- bard Bros. and Go.
 NEW ORLEANS; La, Dec. B. Strong cables higher grain ndwstock markets and bullish expressions from leaders as regards the business outlook for next year, oecasioned further sharp advance in market eoday
 Liverpool cabled spinners brokers buying steadily.
 Manchester cables good tone to cloth market, India bidding freely, China bids mostly too low. Mills position steadily improving.
 There was a good demand for con tracts throughout the session except when there was some realizing which caused values to ease temporarily, but with the revival of the demand prices hardened again. Advices from the in- tertor report a revival in the demand for spots, especially for American mills with the basis strong.
 Exports from the United States
The Birmingham age-herald., 1924-12-30
FOREIGN EXCHANGES

NEW YORK, Dec. 2s--Foreign ex- changse, steady. Quotations in cents: $4.73ss; 6o-day bills on banks. S47o%.
 France demand, 5.40h; cables, 5.41. Italy, 4.24; 4.24h. Belgium, 4.ssh ; 4.ss. Germany, 23.s1; Holland, 4o.46; Norway, 15.10; Sweden. 26.s5; Den mark, 17.72; Switzerland, 1S44;f Spain, 1400; Greece, 1.s1; Poland 1874 i; Czecho- o-Slovakia, s.02h; Jugo Slavia, 1.52; Austria, .0014k; Rumanta, :62; Argentina, 4o.0o;. Brazil, 11.6s; Tokio, 3Sh; Montreal, 99 23-32.
The Birmingham age-herald., 1924-12-30
STOCK LETTERS

NEW YORK, Dec. 2s.--Trading was resumed this morning on . scale with the various issues in continued good demand. Several new high records were made: The steel group came in for good deal of attention due to a report that various steel mills are now working close to capacity. Steel stocks yere led by United States Steel, which advanced to a new high for the year. It is reported that this issue will come in for good advance when the corporation announces the price at which the employees may purchase some stock. The principal feature in the afternoon trading was the Radio Stock which on a very heavy turn over was advanced over seven points. Call money was higher advancing to 5h per cent. Total sales 1,951, ,100.-Fenner and Beane to Kahn and Virgin.
 NEW YORK, Dec. 29.-The stock market was again big but lacked uni- formity, while some stocks were be- | ing eagerly purchased, many others were being sold, profiting was a little more extensive today than during re- cent recessions. There was little in the news of the day to influence market in either direction. General conditiins are understood thoroughly. The pros- QcTOuS StdlO OI tue 5LCCk AAuuAtAy Ao naturally looked upon as the indicator of business activity for coming year. There is a strong conviction through out the country that prosperous year is before us and commitments are be- ing made with that in view. The only doubt that exists is with regard to the soundness of the market in view of very rapid advance.
 There can be little doubt but that uva have had nnuSt 1 go a long way toward offsetting busi- l ness improvement and a large public interest at this time with many rates t&endiugsy higher is an important ele- ment to- be considered. Nevertheless, sentiment throughout the country re- stock market. On every moderate set back new buyers appear and so long as this continues a serious setback seems hardly likely. However, allowance must be made for the element of acci- dent and therefore new commitments should be made with moderation and only after reactions.-John F. Clark & Co. l NEW YORK, Dec. 29.-Strength in the metal, equipment and motor groups which was the real feature in the mar ket Friday and Saturday last week, undoubtedly will be carried over this week, put we noticed increasing eVl- dence of profit taking, especially in | those issues which have moved the fastest. The abrupt rise in American Shelters, for example, was halted by free supply of stock slightly under par today, but this halt, we think, is only temporary and we feel strongly that the stock Is purchase, based on excellent earnings and dividend out look.
 The rail issues were flat today. We expect a renewal of interest in the rail division and believe that before the end of this week, the market will see greater activity in the carrier stocks activity on the rising side.
 Since General Motors assumed the leadership in the automobile group, Stakeholder has done practically noth- ing, but we do not believe that this stock will be allowed to remain idle in face of strength in other motor stocks. The stock, we think, is a buy around 46.-Steiner, Rouse 6 Stroock.
The Birmingham age-herald., 1924-12-30

tuau at any tAttlS in modern years, the making" of good times; but unwise, reckless action could bring on dangerous infla- ton and as an in- evitable c o n 2 e-- quence, dislocation and demoralization In other words we have more to fear from the hu-
 man element than from the material elements which go tomake prosperity.
 Starting with government, the na- ticn can face 1925 without alarm. Lit tie damage is like &n ho Anra hy
The Birmingham age-herald., 1924-12-30
srERLrNG EXCHANGE UP

NEW YORK, Dec. 2s.-Sterling ex- change today crossed $4,73 to the high est price reached since 1919. Accumu- lation of buying orders over the week end coincident with the "flight" or Brit ish capital back to London, brought an advance of more than half cent at the opening eneabling the rate to eclipse the high mark established in 1923.
The Birmingham age-herald., 1924-12-30
NEW YORK METALS

NEW YORK. Dec. 2s.--Copper firnA. Electrolytic, spot and futures, 15c. Tin, firm; spot and futures, $5s.12.5 Iron steady. No. 1 Northern, $24.5o G25.00; No. 2, Northern, $23.o0023.6o; No. ?, Southern, $2o.0o92o.5o. Lead, firm: spot, $9.6o@1o.25.
 Zinc firm. East St. Louis, spot, s7.so; futures, $7.So07.85.
 Anthony spot, $17.00.
The Birmingham age-herald., 1924-12-30
NEW YEAR TO BE. PROSPEROUS ONE,
 FORBES DECLARES
Making Of Good Times Found In Abundance,
 He Says
By D. Q. FORBES

The behavior of our banking leaders our business leaders, our labor leaders and the majority of our voters during 1924 inspires rather confident hopes thnf 1925 will bring gratifying meas sire of prosperity Throughout this coun- try. t
 We possess in greater abundance
The Birmingham age-herald., 1924-12-30

MINNEAPOLIS, Minn., Dec. %. Flour unchanged, 10@15c lower; fam fly patents, $9.45@9.60 a barrel.
 Shipments, 26,267 barrels, Bran, $32.00. :.
The Birmingham age-herald., 1924-12-30
Men And Markets
 Bu P. Y. B.
By P. F. B.

How long can the bull market last? The question is uppermost in the minds of investors today. Those who sold out part way up are skeptical about going back into the market and buy ing again at a level higher than the one they sold on. Those who are still in wonder if 1t Is time to sell and take their. profits. Naturally there Is the difference of opinion. That is what makes the stock market---and horse racing, and several other things. A statistical study just completed by the Cleveland Trust company, may not set tie the question, nor possibly even clar- fly it, but 1t does furnish several in- teresting facts that those involved may argue about. The eight bull markets since 1897, for instance, have averaged "A months each in length, and have recorded about 400, 100000 shares each in trading during the rise. The aver age daily volume figures to 725,000 shares. The present market which is popularly supposed to have begun in the last days of October, 1924, Is still very young from this point of view. Many believe that 1t should be con- sidered as starting in June of this year, which would make 1t a little older. Taking this date we find about 30O,- 900 900 shares traded to date or about three quarters of the average total dur ing previous rises. The daily trading since June, however, averages ,O0O shares which Is 60 per cent above that of previous markets. This is explained by the fact that there are more issues now than ever before, but, if this is admitted the total volume of trading SO far should be reweighed in this light. Also there are more investors than ever before. As usual, in the stock market, you pay your money and take your choice. And while you are setting the future trend and probable duration of the present bull movement find out when it really started so that we may dispose of that bothersome ar gument as well.
 Stock advances by groups, may prove interesting and helpful in studying the current investment situation. Judged on the price rise in number of points since election day we find equipment stocks leading the list with an advance of 11.75 points. Twenty-Five rail issues come second with an average gain of 11.5 points. Then steel stocks show an advance of 9.25, while 10 motor stocks are up 8.4. The utilities have averaged a rise of 7.5; foods, 5.25; cop pers, 4.5, and seven oil shares 2.5 points. The last few trading days, however,
The Birmingham age-herald., 1924-12-30

deposits stand at tho highest total ever attained.
 One reassuring feature has been the preference of the public for goods, solid stocks rather than the various issues wildly manipulated upwards by power full spectators.
The Birmingham age-herald., 1924-12-30

Neither this nation nor any other na- ton has ever had more cause for feel ing nationally happy at the opening of 8 new year. .l
The Birmingham age-herald., 1924-12-30
Ne LMe
 oferwhn asandf fssud: $14OOOO Caddo Transfer & Warehouse Building Shreveport 76 First Mortgage Closed) Serial Coupon Gold Bonds

late of issue, January I, 1925. Matwrities serial, , to IS years. Coupons due January : and July 7. Bonds and coupons pqyabe Gt the Lbehy Central TIua Company, St. Louis. Missouri, or at The Chemical National Bank Of New York. MOngGgOr: " Fl. Johnson. SreoepOh. LOusiana Validating agent: Liberty Central TiusI Company, S. Louis. MissOud. Bond, c0lable at I05 and accrued interest any interest paymem ddie. on 90 6ays notice, in the inoerse of their numerical OrdeV. Bonds may be registered 10 principal. 20 Normal Federal Income
 Tar paid by bOnOtOer. DenOm-
 inatiOns: $I.OOO. $500
 and $IOO bonds In
 each maturity.
 TRUSTEE: Liberty Central Trust
 Company, St. Louis, Missouri.
The Birmingham age-herald., 1924-12-30

The wheel 0f fortune haying of late been spinning merrily in favor of our agricultural population, clamor for drastic, economically upsound legisla- tion has died down. The financial and business world, therefore, has ceased to worry over possible disturbances from this influential source.
The Birmingham age-herald., 1924-12-30

congress between now and March 4. After that the country will be either free from new legislation throughout tne year or will, as 1t should, receive tax relief and reform from brief speclai narvafiva federal legislature. Any changes which may be made in Presi, dent CooIidge's cabinet can be counted upon to strengthen, not weaken busi- ness confidence.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17
of scientific and social club were
there contaminated.

of a scientific and social club were
there contaminated.
Col. Garrick Mallory, another no.
table Washingtonian of a half-cen-
sury ago. suggested that the new club
be called the Cosmos Club. Several
others Endorsed the suggestion that
the word Cosmos be spelled. with a. K.
Ultimately this recommendation was
defeated.
Thus the Cosmos Club came into
being in. the sitting room Of former
Army officer. 1t was an organiza-
ton Of modest aims. righteous ambi-
lions and firm purposes. 1t has never
deviated from these. foundation pur-
poses. It's remarkable achievements
have obtained because its founders
established the club on a basis of
harmony and sociability as we'll as
scientific attachments.
|. Just as mighty oaks from little
acorns grow. the champion Cosmos
Club of today has developed from an
insignificant beginning. A small an
ual membership fee was decided
upon and a meager initiation tax was
originally charged. These funds were
used to pay the rent and furnish
several small rooms, which were
leased as headquarters for the sci
entists where they could rest, read.
play cards and discuss science.
Although it was an uphill job.
drumming up interest ina the Cosmos
Club at the outset. In few months
there were SO many applications foi
membership that the clubrooms be-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17

fashion Of Heidelberg students, the
scientists would adjourn to saloon
back of Ford's Theater after the for
NAL meetings were over, and would
empty stems and devour pretzels
while they discussed the scientific
trends and theories of the day.
It was as a result Of these social
meetings in a beer saloon that the
grew into the Cosmos Club, the lead
ing scientific club of Washington and
the world. -..
NJ 4
AVER at the offices Of the geological
~ survey in the Interior building
all you have to do nowadays to de-
velop a conversation that teens in
"reminiscences Is to mention the name
Of Maj. J., F. Powell, a Union officer.
who lost one arm during the civil war
and who, subsequently,, was the first
director Of the famous national bu-
reau that deals with rocks and VOL
canic formations. It was Maj. Pow
ell, an early resident of Washington
who led that courageous party Of ge-
ologists that originally explored the.
Grand Canyon and journeyed from
the source to the mouth Of the Col
orado river over the worlds widest
waters.
It was this selfsame, adventurous.
fun-loving Maj. Powell who was one
of the organizers Of the Cosmos Club.
He invited a half dozen kindred sol.
entific men TO meet 1t his house one
evening. fiaas FOR TIE organization
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17
e7e eofort able leather ehadfs 1T SosMos e11b Sxs

sociologists who were attracted to
markable opportunities afforded for
study in the federal city's Libraries.
Even in those early days the national
bureaus of fisheries and ethnology,
coast and geodetic survey, geological
survey. Department Of Agriculture.
weather bureau, Smithsonian Institu-
tion, as well as the War, Navy and
State Departments. were composed
principally of men Of technical and
scientific training. It was but natural
that these many hundreds Of scien-
tffic experts should seek fellowship
and friendship among their kind. They
had many common ambitions and lik-
ings.
notwithstanding to the cartoons,
which picture them as cold, harsh and
heartless-are men of sociability.
They like to gather together to eat,
drink, smoke and talk. Many of the
plans for the most momentous dis.
coveries Of science were incubated
under such conditions Of congeniallty
and sociability.
The Washington men of science or
ganized an important club known as
the Washington Philosophical Society.
After the death OF Abraham Lincoln.
these clubfolks met every two weeks
in Ford Theater. where they listened
to scientific lectures, talks and de.
bates, and generally used the organ
ization as a means of keeping in touch
with all angles Of the scientific world.
Those were In the days Of legiti-
mate beer and pretzels. and, after the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17

search laboratories of Washington
also act, as magnets in attracting
scientists. Every American scientific
society of national scope has head
quarters and voluminoas archives
here. There is no branch of science
that is not. represented by either a
federal or privately, endowed Ia
boratory of. investigation. No matter
what the information that student
or scientist seeks, he can usually
ind it tucked away some place or
other in Washington.
-.', ..'s"~ X * k,sk -'---- -. ..-
EVERY state in the Union operates
an agricultural experimental sta
ton in cooperation with the United
States Department of Agriculture,
which now employees more than 10000
persons. Research in soil, plant pests,
animal diseases, fertility tests and
every other kind Of farmland riddles
Is undertaken by thousands or agri-
cultural scientists. Many Of the state
investigators come to, Washington
and enter Uncle Sans service, be-
cause the government laboratory. ia
cilities are superior to all others in
the world. .-.
At any. one time. there are probable
moro representatives of agricultural
science In washington than those of
any one line Of technical work. These
men investigate the critical problems
OF Americas most important industry,
business that is worth billions of
dollars. ~. t,-..
Hundreds Of technically trained
scientists attempt to solve the prob
lens OF American industry out at the
bureau Of standards-the greatest test.
Ing shops of their kind under the sun.
More than 100 committees representing
American industrial organizations an
nually meet at THE bureau Of stand
ards and In consultation with Uncle
Sam formulste-p5susS Cor potential ex.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17

perimentation. Industry works hand
in hand with the research engineers.
Representative investigators. in fact.
are provided by some Of the indus
treis to work directly with the ex-
perts that Uncle Sam hires to re-
move some of the critical enigmas
from modern industry.
The bureau Of mines also teens
with scientific technicians. who de-
vote all their working hours to the
study Of the problems of American
mines, miners and mining. In the per-
sonnet are representatives OF every
educational institution In the country
that is famous for it's college of
mines. The geological survey is the
clearing house Of the riddles Of
American geology. The employment
roster at that institution is crowded
with the names OF experts, who have
written epochal textbooks, lectured
and taught in all parts of the coun-
try.
The War and Navy Departments
overflow with large personnels OF
scientific Investigators. The improve
ments in our armament and NUM-
lions of war are not the work of
chance, but. are the. fruits of care
fully planned research and expert
mentatfon. Many experts in Uncle
Sans national defense service devote
their time exclusively to the harness.
ing of science for modern warfare.
The United States coast and geo.
detic survey is another national
branch that mobilizes sciences as its
most dependable lieutenant. The aid
Of science is courted at the bureau
Of engraving and printing. as we'll as
the government printing Office. where
shortcut methods OF Increasing the
efficiency Of manpower are found by
the aid Of science.
Science is the right bower Of the
Department Of Commerce. While sys1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17

the United States secret service and
the Department of Justice would be
rendered helpless in many of their
science has been girdled and yoked
| to serve their ends.
| X X X *
THE Carnegie Institution Of Wash
i ington. which is engaged in some
Of the most intricate research inves-
LEGATIONS ever undertaken, Is the out
standing example of the work of en-
dowed science in the latitude of the
Potomac. Pre-eminent experts from
every line of research In which the
institution Is interested work in the
National Capital and thence send out
expeditions. and exploring parties
which every year are making new
history.
The Carnegie Institution is in many
respects a formidable rival Of the
government departments for the
prize honors of drawing the most dis
tinguished scientific talent to WASH
lngton. ..-
When the beautiful white, palace
which the American Academy Of Sci
ence is building within stones
throw of the Lincoln Memorial is
completed. another link will be- weld
ed in the chain which connects scien-
tific Washington with the rest of the
world. 49, '-
AS early as 1917 Washington was the
literary and scientific center of the
|Jnited States. Eminent scientists
from AL parts of the country and
from foreign lands had assembled in
the District Of Columbia as a conse-
quence of the establishment Of the
government research foundations and
the promotion Of science by congress
sional agencies.
Most Of the scientists Of those days
worked for Uncle Sam, although there
Wee many historians. economists and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-02-17
Men of Talent In
Many Lines At
tracted Here Gen.
tury Ago w h e n
Government Con-
centrated Federal
Research in Cap
ital City N ow
Has 1000 of Lead
ers in Scientific
World.
BY GEORGE III. DACY.

HE dreams of George Wash
;ngton. the hopes of Thomas
Jefferson. the cherished de-
Sfres of lanes Madison bova
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1924-05-15
pAscAL's COUNTING MACHINE
Devices In Use Today Are Based on
Same Principle az That Worked
Out by Frenehman.

The third centennial Of the birth Of
Blaise Pascal, zone Of the intellectual
SUBMITS Of humanity" was recently
celebrated In France. Pascal was an
admirable writer. penetrating philos-
opher, and 4 marvellous scientist. He
died at the age Of thirty-nine.
Pascal is said to have been the hrst
man who ever made q counting ma
chine that would work perfectly and
accurately. 1t was then q very DIFF.
ficult and complicated thing to count,
as the decimal monetary system had
not yet been invented
Young Blaise undertook to keep his
fathers accounts. It was then that he
conceived the idea Of making count
Ing machine, says the Detroit News.
He worked on II ten years. As there
was no gear system in those days be
was obliged TO make al his pieces
himself out Of blocks Of metal, filing
them to the right shape and size. He
overcame all difficulties and obtained
q simple machine which made It pos
sible to make very complicated cal
culations. All counting machines used
today are based on this same pfin-
ciple. -
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1924-05-15
. . . = = = = = 4 + 4
GO TO CHURCH =

You can help. Just your very pres
ence in church next Sunday will help
put kick in the service.
Without your attendance at church
what chance have the members of
the congregation or the preacher to
find a way to penetrate. your hide.
If you won't go to church and help
to modernize las you call IT'D the
church, why have you right to ex-
pect the church to be to your liking ?
You can just bet that the church
people as whole, are more interested
in saving your soul than you are
yourself.
Let the non-church-goer start GO
ing to church. If he can be successful
in running other lines of business,
he may be able to help in the church.
If you know in what respects the
church has fallen down, no doubt a
suggestion now and then from you
will be appreciated.
Now look here men (for it's men
that am talking to). If you, by GO
ing to church can, through your as
ISOLATION with the church people,